jamookey

Cramer's Lightning Round - Cubist's Artful Discoveries (10/29/08)

NMAU, you hit the nail on the head.Cramer has lost more money for investors than he has ever made.He comes off as a loudmouth crackpot in my opinion.I have always felt if investors are are basing their portfolio on his opinion they get what they deserve.I guess if you are loud enough,people pay attention regardless of the message,but it is typical of the sorces ALPHA uses.

Still, the Crooks Be Winnin'

That correction isn't right either.I guess Alpha doesn't want me to mention Barclay's.I give up.

Still, the Crooks Be Winnin'

That should read"...Vangaurd,Barcl... be a glitch in Alpha's messaging software.Not the first time.Maybe if they are reading any of these,they might want to look in to it.

Still, the Crooks Be Winnin'

So much b.s. and so little time to read it all.The trouble with the shorts is they think they know more about a business than the people running them.If they are so smart why aren't they ceo of one of these firms?Because they are guessing.I guess if you have a losing position in an equity is you have to try anything you can to cut some of your losses.There are so many better short positions to play that don't have such short-killer dividends that it makes one wonder at the intelligence on some traders.If the shorts are correct that means that the CIO's on State Street,Nomura Securities,Vangaurd,Ba... are idiots falling prey to a fifty year old ponzi scheme.I really don't care if SQUASHNUT or Einhorn or ALD pay me my dividends.Let's see what should I do with my next check...maybe a '65 Mustang.Last years divi's got me a '71 z-28.So much hubbub over four year old news.Move on as the rest of the world has.

Still, the Crooks Be Winnin'

juiceyjoo=shortseller.... having to pay the dividend is killing them.Look at Einhorn.He has lost tens of thousands.Carry over earnings must be hard for the simple minded to comprehend.Maybe they should invest in something they understand.If ALD is a ponzi,they have gotten away with it an awful long time.Einhorn's case is they have made bad loans and will lose money from them.Well they have admitted in the last two qtrs that some investments have soured,but they have placed credit facilities with many ,many companies that are doing well.Even if some bad investment(which are inevitable in this business)do not pan out,and earnings suffer for a few qtrs they may have to rduce their divi to say .55 per share.big deal.What does that put the yeild at?15%?I can live with that.

Still, the Crooks Be Winnin'

Once again another Alpha short seller chimes in on ALD.Recent earnings were double last years quarter.Newly placed funding to several large companies,including joint ventures with GE capital insures earnings will grow in the future.Thus dividends can continue to be paid.Not to mention ALD has stated they will pay the dividend thru the rest of the year.Recent upgrades by analyts seem to be ignored by these shorters.Seems the reasons to continue to hold ALD are as good as the ones to sell.Einhorn has made plenty of bad calls on companies,lost money.But this time he took it personnal.Bad move for an investor.He writes a sappy book to recover his losses and the rest of us are expected to feel sorry for him.If the SEC could find no reason to fine ALD,who are we to believe?This is all old news.The world is moving on maybe Einhorn should too.

Book Review: David Einhorn's 'Fooling Some of the People All of the Time'

Read the insider trades on ALD.That says more than Einhorn does about this company.Could be HE can't read complex financial reports.I suppose the officers at GE Finance are also fools..not!He gambled and lost.It happens all the time.