Jake Blues's Comments Jake Blues's Comments RSS Syndication from SeekingAlpha.com http://seekingalpha.comuser/176375/comments The Fannie and Freddie Anomaly http://seekingalpha.com/article/159217-the-fannie-and-freddie-anomaly?source=feed#comment-655403 655403 Mon, 31 Aug 2009 18:09:53 -0400 FHFA Five Year Plan: Where's the Exit Strategy for American Taxpayers? http://seekingalpha.com/article/148016-fhfa-five-year-plan-where-s-the-exit-strategy-for-american-taxpayers?source=feed#comment-582710 582710
> Jake: There are no shareholders. This stuff is trading at 50cent
> because there are so many shorts that can't cover at these prices.
> That will work itself out. The stock is worthless. There is no upside
> to it.
>

I ask because I'm a shareholder. I've been holding since $1.15 and was too stubborn to take my losses when it crossed back over $1 several months ago. I bought this with a long term perspective, but I'm starting to come around to the fact that there may not be a long term. Within a month, FNM will either reverse split or be de-listed and I don't want to be a holder when it happens. I will spend the weekend trying to determine if there is anyway it can make a run to .60-.70 so my loss isn't so devastating. If not, I'll take my punishment on Monday.

Thanks for the reply.]]>
Fri, 10 Jul 2009 16:25:11 -0400
> Jake: There are no shareholders. This stuff is trading at 50cent
> because there are so many shorts that can't cover at these prices.
> That will work itself out. The stock is worthless. There is no upside
> to it.
>

I ask because I'm a shareholder. I've been holding since $1.15 and was too stubborn to take my losses when it crossed back over $1 several months ago. I bought this with a long term perspective, but I'm starting to come around to the fact that there may not be a long term. Within a month, FNM will either reverse split or be de-listed and I don't want to be a holder when it happens. I will spend the weekend trying to determine if there is anyway it can make a run to .60-.70 so my loss isn't so devastating. If not, I'll take my punishment on Monday.

Thanks for the reply.]]>
FHFA Five Year Plan: Where's the Exit Strategy for American Taxpayers? http://seekingalpha.com/article/148016-fhfa-five-year-plan-where-s-the-exit-strategy-for-american-taxpayers?source=feed#comment-582223 582223
And what of the shareholders in such a scenario?]]>
Fri, 10 Jul 2009 11:15:42 -0400
And what of the shareholders in such a scenario?]]>
China Stirs a Pot of Gold http://seekingalpha.com/article/136465-china-stirs-a-pot-of-gold?source=feed#comment-497634 497634

On May 08 11:29 AM Mark123 wrote:

> You'll notice the Islamic Extremists dont mess with the Chinese....


This is probably due to the fact that China hasn't been playing king-maker in the Middle East for the last 80 years like the United States and other Western countries have been.]]>
Sun, 10 May 2009 11:20:48 -0400

On May 08 11:29 AM Mark123 wrote:

> You'll notice the Islamic Extremists dont mess with the Chinese....


This is probably due to the fact that China hasn't been playing king-maker in the Middle East for the last 80 years like the United States and other Western countries have been.]]>
Oil: 'To the Moon'? http://seekingalpha.com/article/130632-oil-to-the-moon?source=feed#comment-463472 463472
Yeah...sure...]]>
Tue, 14 Apr 2009 19:48:03 -0400
Yeah...sure...]]>
Why Apple Belongs in Every Portfolio http://seekingalpha.com/article/130535-why-apple-belongs-in-every-portfolio?source=feed#comment-460864 460864
As soon as they start paying dividends, I'll drink the Kool-Aid with you.]]>
Sun, 12 Apr 2009 17:54:09 -0400
As soon as they start paying dividends, I'll drink the Kool-Aid with you.]]>
Wall Street Already Back to Its Criminal Ways? http://seekingalpha.com/article/129417-wall-street-already-back-to-its-criminal-ways?source=feed#comment-452637 452637
It pains me that my retirement ebbs and wanes due to the whims of these fucking crooks.

Where's my pitchfork?]]>
Sun, 05 Apr 2009 17:13:47 -0400
It pains me that my retirement ebbs and wanes due to the whims of these fucking crooks.

Where's my pitchfork?]]>
Did Dendreon Play with Fire? http://seekingalpha.com/article/127883-did-dendreon-play-with-fire?source=feed#comment-440241 440241 Wed, 25 Mar 2009 17:28:05 -0400 Will All Be Well at Wells Fargo? http://seekingalpha.com/article/127574-will-all-be-well-at-wells-fargo?source=feed#comment-439077 439077
We have no clue what's on their balance sheet and how deep they're into CRE that is in the process of going bad.

Long term, WFC should be ok. Short term they are going to get massacred.]]>
Tue, 24 Mar 2009 23:50:21 -0400
We have no clue what's on their balance sheet and how deep they're into CRE that is in the process of going bad.

Long term, WFC should be ok. Short term they are going to get massacred.]]>
Stewart vs. Cramer: A Cheap Shot http://seekingalpha.com/article/125970-stewart-vs-cramer-a-cheap-shot?source=feed#comment-427578 427578

On Mar 16 03:20 AM mr freddo wrote:

>
> Did Cramer really do anything unethical or illegal? No, I don't think
> so?

You mean outside of admitting that he used to manipulate the market when he was a hedge fund manager?]]>
Mon, 16 Mar 2009 10:47:50 -0400

On Mar 16 03:20 AM mr freddo wrote:

>
> Did Cramer really do anything unethical or illegal? No, I don't think
> so?

You mean outside of admitting that he used to manipulate the market when he was a hedge fund manager?]]>
Silver Backwardation: Prices About to Soar http://seekingalpha.com/article/124517-silver-backwardation-prices-about-to-soar?source=feed#comment-422526 422526 Wed, 11 Mar 2009 22:21:36 -0400 Monsanto: Watch It Grow http://seekingalpha.com/article/122884-monsanto-watch-it-grow?source=feed#comment-405003 405003 Thu, 26 Feb 2009 16:57:12 -0500 Gearing Up for $1000 Gold http://seekingalpha.com/article/121380-gearing-up-for-1000-gold?source=feed#comment-394656 394656 Thu, 19 Feb 2009 07:38:59 -0500 Ben Stein Watch: December 28, 2008 http://seekingalpha.com/article/112467-ben-stein-watch-december-28-2008?source=feed#comment-340535 340535

On Dec 29 11:06 AM rcs wrote:

> A fairy tale is a frog being turned into a man with the wave of a
> magic wand. Evolutionist claim, give a frog 300 million years and
> it will turn into a man - well, a fairy tale is still a fairy tale,
> frogs do not turn (evolve) into men. Sony said Cher was so stupid
> she thought Mount Rushmore was a natural rock formation (that is
> caused by time and chance). Evolutionist think man was caused by
> time and chance - I guess they are not as"smart" as Cher

The problem with debating a ID advocate about evolution is that those who argue against it are the ones who know the least about it. No where in evolution does it claim that a frog can turn into a human.

Next you'll probably break out the weary "It's only a theory" and "If we came from monkeys, why are they still here" arguments.

Feel free to join the rest of us in the 21st century at any time.]]>
Mon, 29 Dec 2008 11:21:50 -0500

On Dec 29 11:06 AM rcs wrote:

> A fairy tale is a frog being turned into a man with the wave of a
> magic wand. Evolutionist claim, give a frog 300 million years and
> it will turn into a man - well, a fairy tale is still a fairy tale,
> frogs do not turn (evolve) into men. Sony said Cher was so stupid
> she thought Mount Rushmore was a natural rock formation (that is
> caused by time and chance). Evolutionist think man was caused by
> time and chance - I guess they are not as"smart" as Cher

The problem with debating a ID advocate about evolution is that those who argue against it are the ones who know the least about it. No where in evolution does it claim that a frog can turn into a human.

Next you'll probably break out the weary "It's only a theory" and "If we came from monkeys, why are they still here" arguments.

Feel free to join the rest of us in the 21st century at any time.]]>
Buy Ford, Short GM http://seekingalpha.com/article/110597-buy-ford-short-gm?source=feed#comment-330786 330786

Yeah, he's done great. Oh, except for that one time when terrorists flew planes into the WTC killing 3000 Americans. Oh, and also that time he attacked a country that had nothing to do with Sept. 11th, resulting in the death of over 100,000 Iraqis and 4000 American soldiers.

Yep, George Bush will be remembered as a great president...as long as everyone has their memory wiped this coming January.]]>
Tue, 16 Dec 2008 08:49:59 -0500

Yeah, he's done great. Oh, except for that one time when terrorists flew planes into the WTC killing 3000 Americans. Oh, and also that time he attacked a country that had nothing to do with Sept. 11th, resulting in the death of over 100,000 Iraqis and 4000 American soldiers.

Yep, George Bush will be remembered as a great president...as long as everyone has their memory wiped this coming January.]]>
HQ Sustainable Maritime: Stock Looks Attractive http://seekingalpha.com/article/96343-hq-sustainable-maritime-stock-looks-attractive?source=feed#comment-258991 258991 Fri, 19 Sep 2008 10:42:46 -0400 Bunge Continues to Beat Estimates http://seekingalpha.com/article/90457-bunge-continues-to-beat-estimates?source=feed#comment-228444 228444 Tue, 12 Aug 2008 07:09:15 -0400 Why Visa Got Spanked http://seekingalpha.com/article/90011-why-visa-got-spanked?source=feed#comment-225941 225941 Fri, 08 Aug 2008 09:59:39 -0400 Card Issuers: Facts and Fictions http://seekingalpha.com/article/88175-card-issuers-facts-and-fictions?source=feed#comment-219067 219067 Thu, 31 Jul 2008 07:23:15 -0400 Credit Cards Are Feeling the Crunch http://seekingalpha.com/article/87890-credit-cards-are-feeling-the-crunch?source=feed#comment-218911 218911 Wed, 30 Jul 2008 21:36:00 -0400 Credit Cards Are Feeling the Crunch http://seekingalpha.com/article/87890-credit-cards-are-feeling-the-crunch?source=feed#comment-218484 218484 Wed, 30 Jul 2008 12:20:22 -0400 Credit Cards Are Feeling the Crunch http://seekingalpha.com/article/87890-credit-cards-are-feeling-the-crunch?source=feed#comment-218407 218407 Wed, 30 Jul 2008 11:23:46 -0400 Earnings Preview: Visa http://seekingalpha.com/article/87745-earnings-preview-visa?source=feed#comment-217779 217779
Yes, from almost the beginning. And again I say, V is not a financial stock.]]>
Tue, 29 Jul 2008 17:26:54 -0400
Yes, from almost the beginning. And again I say, V is not a financial stock.]]>
Earnings Preview: Visa http://seekingalpha.com/article/87745-earnings-preview-visa?source=feed#comment-217698 217698 Tue, 29 Jul 2008 15:48:59 -0400 Petrobras: Extremely Overvalued http://seekingalpha.com/article/79655-petrobras-extremely-overvalued?source=feed#comment-211541 211541
Ken Heebner was instrumental in helping my 401k nearly double last year when his fund, CGMFX, returned 79%. Mr. von Altendorf is trying to take money out of my pocket by dissuading investment in PBR.

In a CNBC interview, Heebner said that PBR is "unlike anything that I've ever seen" and has potential to be the biggest stock in the world. This is a guy who has been around the block. All the while, Mr. von Altendorf engages in flame wars on the internet.

The verdict? I think I'll stay with Heebner, thanks.]]>
Tue, 22 Jul 2008 11:41:28 -0400
Ken Heebner was instrumental in helping my 401k nearly double last year when his fund, CGMFX, returned 79%. Mr. von Altendorf is trying to take money out of my pocket by dissuading investment in PBR.

In a CNBC interview, Heebner said that PBR is "unlike anything that I've ever seen" and has potential to be the biggest stock in the world. This is a guy who has been around the block. All the while, Mr. von Altendorf engages in flame wars on the internet.

The verdict? I think I'll stay with Heebner, thanks.]]>
Yandex IPO - Russian Search Engine Challenges Google http://seekingalpha.com/article/83164-yandex-ipo-russian-search-engine-challenges-google?source=feed#comment-208937 208937 Fri, 18 Jul 2008 14:55:54 -0400 Why I'm Taking a Chance on Meridian http://seekingalpha.com/article/85659-why-i-m-taking-a-chance-on-meridian?source=feed#comment-208377 208377 Fri, 18 Jul 2008 07:27:35 -0400 Why American Express Should Be Ignored http://seekingalpha.com/article/84989-why-american-express-should-be-ignored?source=feed#comment-205747 205747
V and MA make money by the swipe, and swipes are way up. The number of swipes will continue to climb as the BRIC countries expand their middle class. V is particularly poised for a breakout with the upcoming Olympics. Both of these stocks have been unfairly punished because they are incorrectly being lumped in with Financials.]]>
Tue, 15 Jul 2008 07:02:27 -0400
V and MA make money by the swipe, and swipes are way up. The number of swipes will continue to climb as the BRIC countries expand their middle class. V is particularly poised for a breakout with the upcoming Olympics. Both of these stocks have been unfairly punished because they are incorrectly being lumped in with Financials.]]>
Petrobras: Set to Become a Global Oil Major - Barron's http://seekingalpha.com/article/83136-petrobras-set-to-become-a-global-oil-major-barron-s?source=feed#comment-202494 202494 Thu, 10 Jul 2008 15:48:23 -0400 IPO Watch: Battered, Beaten and Pulped in 2008 (Except Visa) http://seekingalpha.com/article/83932-ipo-watch-battered-beaten-and-pulped-in-2008-except-visa?source=feed#comment-202440 202440 Thu, 10 Jul 2008 14:41:03 -0400