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bobbobwhite

bobbobwhite
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  • Wall Street Breakfast: BofA Expected To Pay $16.5B Mortgage Settlement [View article]
    The gov't should have BofA's financials audited by a private, unaffiliated firm to determine the profit BofA made in its all of its derivative loan operations in the years before the housing collapse of 2008. Every penny of that profit should be taken to satisfy the fine assessed. If that fine causes BofA to fail, it would be the proper and just penalty for its complicit part in the debacle. And, all lenders that contributed similarly to that mess should be so treated.
    Aug 21 09:10 AM | 4 Likes Like |Link to Comment
  • Wall Street Breakfast: BofA Closes In On $16B-$17B Settlement With DOJ [View article]
    Another piece of data you will never see from the gov't.....how its BofA fine relates to the profit BofA made in its "mortgage-related misconduct". You can bet your life BofA/Merrill Lynch made a lot more profit in those activities than the amount it is being fined.

    And, don't you just love the word "misconduct", like its talking about a naughty schoolboy instead of a lawbreaking bank.
    Aug 7 09:37 AM | 3 Likes Like |Link to Comment
  • Twitter Continues To Excessively Reward Its Employees [View article]
    You write your headline as if the business is one entity and the employees another.....they may be different on paper but in reality they are the same thing.

    We are now in the corrupt era in this society where any collective piggy bank can and will be used for personal gain by people unethically grabbing from it with both hands and using a specious and distorted reason for doing so. All are doing it...........the gov't, corporations, foundations, etc., all the way down to little home owner associations.......any entity with collective money from fees, taxes or product sales or donations. Somehow it has been made OK for appointed and elected officials, bureaucrats and employees to take and take as long as their carefully prepared excuse works to continually fool others. Our given trust is now blatantly being used to rob us.

    "Get it while the getting is good!"
    Aug 4 01:06 PM | Likes Like |Link to Comment
  • An End To Our Relationship With Yahoo, A New Era For Equity Research [View article]
    SA is truly Capitalism at its best. Good articles are rewarded, those not so good are rewarded less, if at all. The best are not only rewarded but also held in high esteem. That is how the whole system is supposed to work, but it has been so bastardized by our gov't that it's not truly Capitalism any longer, its Crony Capitalism. Those who pander best to gov't do best. Pathetic.

    Long live SA and our founder's Capitalism, not the sick and polluted other kind.
    Jul 31 02:59 PM | 2 Likes Like |Link to Comment
  • Why iPhone 6 Won't Reverse Apple's Market Share Decline [View article]
    The company or stock benefits from each new smartphone announcement are lessening with each new phone introduction. It is only natural, as how long/big can the hoopla over a phone be when the next phone to come is already in production and will be out soon?

    "Just got my iPhone678 last week, can't wait for my new 679 next week and then my new 680 a few days after that."
    Jun 20 01:01 PM | Likes Like |Link to Comment
  • Tesla Opens Up Its Patents: What Altruism? This Is A Strategic Move [View article]
    About TSLA valuation......for a comparison example, when companies like Priceline, an online travel agent, and Chipotle, a Mexican fast food chain, have stock prices in the stratosphere but both subject to potential value killers every single day....... PCLN faces possible better travel ideas that take off and supplant it, and Chipotle faces potential deadly food poisoning with every meal it serves.............TSLA price for present value and potential future value is at least reasonable if not undervalued today based on its pipeline of potential future products and royalties therefrom.
    Jun 13 02:22 PM | 1 Like Like |Link to Comment
  • The 2 Most Powerful Forces Pushing The Stock Market Higher [View article]
    Both reasons(actions) given for the stock market rise are nearly exclusively rich man actions done for rich men. The common man gets nearly nothing from a rising stock market provided by these two actions. QE...the closest thing to a free gov't loan possible, and massive and purposeful company stock buybacks that mostly benefit insider stockholders with opulently generous options.

    It is as if a great wind was blowing from and to all rich men, insistently telling them to increase their already overflowing hoards for the coming global "Realm of the Rich and the Fall of the Common Man".
    Jun 10 11:29 AM | 3 Likes Like |Link to Comment
  • Birinyi: Exuberant phase nears [View news story]
    From the biggest perma-bull this side of Larry Kudlow, these comments on the market are the most bear-like you will ever read from Birinyi. At least I can agree with him that it is "the last phase of a great bull market", and IMO is well overdue for a severe correction of 20% or more. Now 95% in cash as i won't take any bullish chances in this "exuberant phase". Odds are better now for going short.
    May 27 02:58 PM | 1 Like Like |Link to Comment
  • Wall Street Breakfast: Must-Know News [View article]
    All socioeconomic systems are wonderful in theory, so idealistic, but man always fails them in time, no matter which one or at any time in history. Even Capitalism is doomed, as the bugaboo with it is that it uses up earth resources much faster than alternatives can or may be discovered, it pollutes air, water, and ground even faster, and it encourages gross overpopulation the earth cannot support. We have no historical facts of Capitalism systemic failure to learn from, as ours is the first, but considering its many and gross excesses, it is very clear that it will be a short run system, as the Bell Shaped Curve will apply to it as it does to everything else man made. We are smart, but not at all wise. So, enjoy it while you can, but even this generation can see the many cracks developing, as you have so well noted.
    May 12 09:49 AM | 3 Likes Like |Link to Comment
  • QE? We Don't Need No Stinkin' QE! [View article]
    QE has added untold billions to rich man coffers since 2009(and little to others). I often ponder for what reason, just to get more wealthy? That's pretty simplistic, not to mention pathetic. Maybe to better weather the apocalypse against the hoards of sweaty have nots that will constantly attempt to gain those riches so that they may live a bit longer? It is obvious that when that end game comes, the man with the most money will be the last man standing, whatever win he considers that to be while standing there alone. That one reason just may be the overarching reason for all that wealth grubbing.

    Brings me a sad mind thinking of all the lost possibilities of a world that could have been so much better engaged by man.
    May 7 01:50 PM | 4 Likes Like |Link to Comment
  • Wall Street Breakfast: Must-Know News [View article]
    Big Banks need inflation so they can lend out those nearly free gov't QE "loan" dollars at much higher rates. A stagnant or deflated economy does not make for Big Bank profits on that money hoard. Ah, as usual, the gov't and Big Banks working together to make both of them greater wealth. The people? As always, they can eat cake.
    Apr 17 09:12 AM | 1 Like Like |Link to Comment
  • Warren Buffett, Berkshire Hathaway, And Dividend Growth Investing [View article]
    Warren may be a DGI, among other things, but he sure isn't a dividend payer. Berkshire pays no dividend to its investors from all those dividends Warren collects. I have no interest in an investment that does not share its dividend gains. I am in the same demographic of most of Berkshire share holders but will never consider it as an investment unless or until it pays dividends.
    Apr 15 12:04 PM | 1 Like Like |Link to Comment
  • Of Course The Market Is Rigged! [View article]
    Even if market "regulators" are not complicit in Wall Street's many forms of market manipulation(and many think they are), those "regulators" are so glacier-like slow in acting that WS can make and warehouse literally tons of money before anything is ever done to correct or control it by the "regulators". Then, WS pays a tiny lunch-money fine and does not admit any wrongdoing, and goes on to the next big thing that will take regulators years to figure out, if ever. And, on and on it goes. Nothing ever really changes on WS, or with the gov't agencies charged to oversee it.

    What would cure it all is the fantasy idea of LTBH investors having their own market and their own type of shares to trade, and day traders/HFTs had their own, with no connection whatsoever between them or their respective shares. "Never the twain shall meet". But, that would assume that all parties would want a change. Hmmmmm.

    "First, do no harm".....has never been stated or heard on WS. Never.
    Apr 11 02:00 PM | 3 Likes Like |Link to Comment
  • Is Tesla's Gigafactory Becoming A Gigafarce? [View article]
    There is no guarantee that Musk is not another DeLorean at this point, but his past successes in business hint that he could be the real deal. A visionary he surely is, but will that EV vision still be here in 10 or 20 years? I hold QCLN, an ETF with some TSLA in it, but would not jump in feet first to TSLA stock. I like the idea, but the reality is a bit scary to get any big investment money from me. I do wish Musk luck, however, and hope that he proves all the naysayers wrong big time.
    Apr 8 12:19 PM | Likes Like |Link to Comment
  • The Stock Market Is Rigged! The Stock Market Is Not Rigged! [View article]
    Lewis would get a lot more cred if he said what he said while NOT in the process of selling a new book. The way he did it is always suspect but is always the way he does it. Even dopes get that ruse sooner or later.

    I always go on the basis that Wall Street will fleece me if I am not careful and smart. So, be careful and smart and know WS is after your money. Don't trade much, trade in smaller lots only using limit, and never be a momentum player is great advice for anyone.
    Apr 2 09:33 AM | 2 Likes Like |Link to Comment
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