Arctifox

9 Comments

    • Time to Return Control of Capital Markets to Capital Owners [view article]
      I have been writing my congressmen and senators also about this problem for quite some time. And I agree with the hand, "Who are you talking about", because with rampant short selling and naked short selling by powerful investment firms who manipulate the markets, you risk your investments even on good companies. I lost money with the dot com bust, a pyramid scheme by investment companies that only succeeded because of the massive shorting during the collapse. The same is occuring now, except instead of running a scheme with gulible small investors, they run the scheme with our pension funds through regulations provided by the federal government. I started taking my money out of securities from my 401k when Goldman Sachs announced their first big bonus a couple of years ago, and completely when out of securities when a few months ago when the feds ran the prime rate so low there was little room for further rate cuts. Because the government won't let me take my money out of the funds without a stiff penalty, I am still stuck in money market funds which get hurt by low interest rates and a devalued dollar from bailouts for these criminals. What bothers me is that Goldman Sachs and J.P. Morgan, the apparent masterminds behind the subprime crisis are creating a monopoly with the results. Sep 17 12:32 PM
    • Oil Demand Should Continue to Fall [view article]
      The market cycles, investment firms see to that. Oil speculators drove the price up. We need to control these people. More stability in oil prices is good for everyone. including alternative energy companies, as uncertaintly breeds discontent among investors. Aug 12 02:23 PM
    • Does Big Oil's Apathy Justify Proposals to Tax Windfall Profits? [view article]
      This proposal just in from Alaska Daily News (adn.com). I guess Senator Stevens and Governor Palin read my post. The propsal also discusses a coal liquification plant for coastal communities

      The proposal includes:

      Targeting oil speculators who buy and sell barrels without ever intending to use them, which Stevens says has inflated gasoline prices. At least it suggests where the feds spend their take.

      Trying once again to open ANWR to oil companies, and spending all the federal revenue -- which he estimates could be $300 billion over 30 years -- on alternative energy projects.

      Give the state more than a third of federal revenue from offshore leasing and production, with a quarter of that cash going to nearby coastal communities.

      Jul 05 04:58 AM
    • Does Big Oil's Apathy Justify Proposals to Tax Windfall Profits? [view article]
      Oil Companies should not invest in Alternative Energy, simply because they are oil companies, and are not good at developing alternative energies. The money is better spent and better trusted with alternative energy companies. Big Oil should continue on its course of developing better drilling, development and exploration technologies. Stricter pollution and greenhouse policies should be enforced, cleaning up refineries and controlling carbon emissions. CO2 injection should be enforced encouraging continued technology development and expenditure in that area. ANWR should be allowed to be developed under the same environmental scrutiny as Prudhoe Bay. The state of Alaska should negotiate an alternative energy strategy for its state in exchange for the opening of ANWR. The state reaps substantial profits from its oil and has a tremendous surplus.

      Subsidizing corporatations never works because the money never leaves Wall Street. There is no doubt that investment firms and insiders are pillaging our economy. It is better to subsidize responsible consumer spending, and reward innovation, then to allow another dime to filter through Wall Street. Stand up to the big investment firms, change the trading rules and capital gains tax structure, and then there will be more than enough money to subsidize alternative energy. If you want a windfall profits tax, than tax wall street and insiders.       Jul 04 10:10 PM
    • Rising Money Supply and the Economy [view article]
      It's interesting to note the sharp rise in both volume of trading and price in the DOW Index since the mid-90's, and also the sharp fluctuations. Could it be that the market is inflated do to the weakening of the dollar and the increasing of supply money to financial institutions. It's clear also that most of these dollars end up as profits gained from securities cashed in by insiders and market makers such as Goldman Sachs. The rich get richer at the expense of the working man, and the government plays right into their money basket. Jul 02 11:27 AM
    • Saving the Economy with IRA Funds [view article]
      Most IRAs have limited investment opportunities, allowing investments in only equities (mutual funds) or bonds. An IRA is not a safe investment, moving up and down with market. Personally, I consider IRAs a pyramid scheme, encouraged by corporations, financial institutions, and governments, to take our money. Board members, particularly CEOs, make 8-9 figure salaries by exercising stock options regardless of the performance of the company, and financial institutions ... well, we all know of the billions in bonuses financial institions such Goldman Sachs hand out. They simply take our retirement funds and pass them around. Real Estate, on the other hand, is a much safer investment, and we should be allowed to invest our retirement in real estate, though, at the same time, not be allowed to mortgage our retirement. Unless the loan can be paid in full, or the property bought outright, the money should remain in a retirment fund. Currently, you can borrow substantial amounts against a 401k, and people that have sufficient funds in a 401K would only be facing foreclosure by choice. Limited funds can also be borrowed against a IRA in a foreclosure emergency. If unable to pay back the loans, and the loan is for your home, you should not have to face penalties, and only have to pay taxes distributed over the duration of the loan. May 15 08:18 PM
    • There's a Solar Shakeout Coming - Citigroup [view article]
      The worst scenario for fslr would be oversupply as they have one of the least efficient solar cells on the market. Another very interesting company is Coolearth, also competing in the utilities market, but like Nanosolar not publicly traded. Should any of these "superior" technologies go public or announce a ramping up of production, than fslr is headed for a big fall. I see fslr's margins peaking year end 2008 after they finish streamlining their factory output, and profits peaking after they reach full production in 2009. If attempts to increase the value of the USD relative to the euro, another big loss for fslr. If there is an oversupply in 2009, who would want there product with better technologies available. And their current contracts call for a yearly reduction in price. May 12 03:20 PM
    • First Solar: Terrific Earnings, But Enormous Multiple [view article]
      This first quarter 2008 is tough quarter to figure, but based on the continued acceleration of the euro beating expectations should be easy. Silicon is still a little costlier than expected according to Sunpower's latest earnings release. Obviously this stock is being manipulated as when the CEO and VP cashed in a cool 60 million. Nanosolar seems to be validited by it's agreement with EDF, but is mum on it's production status and the little 1 MW plant is Germany. Conergy has been mum on both Nanosolar and First Solar, and their own status is uncertain. I would expect FSLR will manuever it's stock price higher in the short term, with the bottom falling out when we least expect it. Shorting just a little. Apr 28 05:15 PM
    • LDK, First Solar Will Continue to Rebound [view article]
      First Solar is already outdated technology. Nanosolar has a superior product and a superior manufacturing process and is positioned to begin taking a portion of their customer base in 2008 and 2009 (EDF and Conergy 2 examples). Silicon still has higher efficiency. PV is a constant race for technology, and all compainies are long term risk. Going with Conergy as big turnaround/restructure play. They take the best tewchnologies available and deliver the finished product. EDF and other utility companies ditto. Apr 26 10:04 PM
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