svosavvy

DryShips CEO: Dry Bulk Sector Oversold

Einstein,

You get the gold star of the week in my book. That paragon call was prescient. I don't know why I overlooked them, your touting of them made me go back and take a second look. What I found was a money making company trading at 30 cents of book value. How could I not buy some. So I did last week at 3.55, wow, what a ripper.

Tough Times for Netflix - Barron's

Oh yeah, and using nflx and bbi in the same sentence isn't cool. nflx is a stock, bbi is something that should be put in a paper bag, lit on fire, and put on someones doorstep.

Tough Times for Netflix - Barron's

My local redbox is usually surrounded by woodchucks and techneandrethals. That population is contracting from what I can see. Nflx is a solid performer, imho there are still new subscribers (growth) to be had. Those subscribers may just cost more to get. nflx has already threatened share buyback with some of that 6$ a share in cash if they get cheap again. A real headwind from what I can see is the broadband cable putting a squeeze on bandwidth users to fund their lagging cable unit. I doubt you will see nflx at a 15 multiple anytime soon. This is a growth player and definitely not a value play, be careful when you fly with Icaurus.

TBS International: Best Way to Play Dry Shippers

einstein

I was wondering if you could tell me what the $10,284Th on the plus side cash flow reported on their 12/31/08 10Q under unusual items was? Seemed like a big jump Thanks in advance, I have been contemplating egle, but, now am giving prgn a second look here thanks.

Railroad Companies: Good, Better, Best

Thanks for the article, what does anyone think about the CP rails purchase of dm&e and its exposure to prb, supposedly going to have access to 7 mines eventually. Does anyone think the vancouver port-shanghai port coal connection is viable/profitable? CP price/book is 1.1, decent divvy, concede they are robbing from their pension fund, why wouldn't I buy this on a 10% pullback? Maybe the pigs of april will give a pullback chance like the ides of march did. Also I hate the shippers, but, does anyone have an opinion on eagle bulk (egle), I don't know. I like to buy them when they're ugly. Thanks

What to Short When the Rally Dies

Ron paulite I gave you a thumbs up I liked your last comment. I would argue imho there needs to be a fundamental shift in how average people view markets. I have a real negative bias toward financial advisors/planners, I think they have sold mom & pop short. I think the very dangerous siren song of the market lulled the less cautious (cognizant) average person through their facilitating planner. Mutual fund redemption en masse could torpedo this sinking ship, confidence game pure and simple. I was reading peter lynch again a while back and remember where he said it basically took 20+ years after the depression where "stock" wasn't a dirty word in the amercian vernacular.

Gartman: Using Base Metals as a Bottom Indicator

thanks for the article. What a novel idea right, a hedge fund that actually hedges again. thanks

I agree with the poster above about silver, I don't hate gold but there seems to be a ton of fear baked into the support pricing and I don't want to be around when the fear subsides.

What to Short When the Rally Dies

Still clinging to some sso waiting for a capitulatory up day to switch to sds. I will look to buy back sold calls against dividend paying positions when downswing sets in, I like that because I will have time decay and dividends working for me as well as a negative bias. If it blows up in my face it will be to the sound of a ringing cash register. If stocks go to zero I have effectively lowered my net entry into positions even further through call sale proceeds.

What to Short When the Rally Dies

Since we are perseverating on the short's, a few thoughts: If you have a sound company with good prospects no one in their right mind would short it, if you have a flaming paper bag full of dog crap posing as a stock, shorts help to discover the value of that fine instrument. A short's ultimate upside is defined if you short it and it goes to zero that's the max, but, the downside is unlimited. Yeah, if it wasn't for those pesky shorts our bsc stock would still be worth $150 because it was such a great bank. I would liken the short's (the ones who play fair) to Bob Horowitz fight back and don't let anyone rip you off. When you buy shares you are putting skin in the game because (I hope) you believe in that business much like an extremely large partnership. Partners get paid the lion share in good times and suffer the most in bad much like a marriage. Bond buying is a more narrowly focused transaction, you are the banker in that situation you receive your agreed upon sum much like an employee instead of a partner. If you own a private business with a few partners and it is a smash success then you and your partners will be richly rewarded whereas your employees will only get their paycheck. Both bond and stock have a place in my portfolio. I like the portfolio balance recommendation of Taleb who says the majority of your money should be in ultra safe bets and the small minority should be in risky stuff. This is to the opposite of many cfp's who like people to be overweight on medium risk. I find that lukewarm, you are neither hot nor cold therefore I spit you out.

What to Short When the Rally Dies

I like what options girl has to say, I have been averaging in leap call sales on my core positions. I am younger and really like the things I have bought the last few months. I make sure to sell a strike well above my basis. My broker must love me I have been making 5 stabs with the same money I would have made with one as of late. I would add that if shorting is anti american, then so is losing faith in your stock and selling. Shorts as long as they play by the rules are an important function of price discovery. Naked shorting should never have been allowed, backing up your short with real borrowed shares is the only way and that tightens the float and helps the longs. Don't forget that if you have some kind of aversion to physical shorting you can do it through options put buy or call sell.

Electric Car Initiatives Heat Up: Implications for Investors

In regards to lithium, (or coal or gold or diamonds or bauxite etc) I would contend that when we seek we find. Possibly we haven't been looking that hard. I would bet that we find a lot of lithium in africa because nobody cares about africa. When countries become pesky about their resources, it seems the alternative is to go to africa and find it. Until the next best thing beyond lithium comes along. Thanks for the article author.

Where Have All the Buybacks Gone?

Some of these dividend cutters could have split the difference (taken some of the cut money to buyback) GE & AA come to mind. Even a small buyback or the threat of a buyback could have helped put a floor under these shares, after all stock picking is a confidence game. I listened to the nflx call a while back and they bought back some shares during the sh*t storm and then threatened to buy more if their share price went back down, guess what it hasn't gone back down. IMHO that's what makes a 25$ nflx into what it is now. Pity I sold my nflx position at 36.75 lol

8 Reasons ETF Investors Go for the Gold

Cheap fuel and nothing else to do, dig dig dig. Mail in your scrap and the creepy guy will pay you, "now that's alotta gas money" We will be witness to the oversupply of the century hurry and buy gold now before it becomes worthless. It is so rare that nearly every american owns some. The market will almost certainly screw this up and outstrip demand. Yet for all the gold circulating it will almost certainly lack the liquidity to drive a world economy of scale, know any good assayers. We may not have a gold standard anymore but it is still pegged in dollars. I can't wait for the next comstock lode to roll in this modern day gold rush.

Some Laws (Like Supply and Demand) Can't Be Broken

I like your ebay book scenario, I think it rhymes with the real estate market. If we had rigid markets that would represent perfect pricing and no one would make money. Without elasticity robots would do our trading for us and put traders out of work. Companies like coke do well for their goodwill. Coke is basically sugar water, but, if you have a loyal following you can outperform the underlying commodity-sugar or corn syrup. That's why Buffett loves goodwill companies. A commodity will only reward you during price appreciation cycles, the rest of the time it is shooting you in the foot when going down or flatlining during stagnation. A good commodity company can basically produce a quasi-product in the form of a branded commodity, a commodity that can command a premium for it's goodness in spite of competitors. A good commodity company can harness commodity price gains and is worth keeping during the flat times for a reasonable dividend if it can be found. A goodwill commodity company is nice because that good will is earned through processes that beat the competition in price or quality in bringing that commodity to market making it hold up better in the rough times and outperform in the good times. Commodities are for trading, good commodity companies are for investing.

G20 Must Address the 'White Blue Eyed Bankers' Issue

whisper

That was the leader of Brazil not just any old banker. I don't know, what color are Putin's eyes? Want a screwed up afternoon, try watching Lula's interview then watch Ferguson's world at war followed by the ascent of money.