Vobogeck's Comments RSS Syndication from SeekingAlpha.com http://seekingalpha.comuser/201025/comments http://seekingalpha.com/article/175962-merck-kgaa-another-stumble-leaves-investors-worried?source=feed#comment-784578 784578 Tue, 01 Dec 2009 12:27:37 -0500 http://seekingalpha.com/article/149840-forget-the-1930s-we-re-reliving-1975-part-1?source=feed#comment-594976 594976 Mon, 20 Jul 2009 10:08:11 -0400 http://seekingalpha.com/article/138109-medtronic-s-healthy-future-barron-s?source=feed#comment-507388 507388
However, its P/E ratio is at a ten+ year low and with a ten year earnings growth rate of 18% pa it is a solid buy under $45 for long term dividend investors.]]> Sun, 17 May 2009 14:05:39 -0400
However, its P/E ratio is at a ten+ year low and with a ten year earnings growth rate of 18% pa it is a solid buy under $45 for long term dividend investors.]]> http://seekingalpha.com/article/130396-7-solid-dividend-stocks?source=feed#comment-458172 458172 Thu, 09 Apr 2009 18:57:05 -0400 http://seekingalpha.com/article/129773-a-paperless-news-world-kinsley-nails-it-again?source=feed#comment-454048 454048
Jarvis assumes a static status quo, which is nonsense. The AP response is typical of what will happen, as the news providers stop giving their stories away free to Google etc. Although they may be slow to change, the newspapers will adapt and thrive. They will compensate for reduced advertising with a higher subscription, for those readers willing to pay for in-depth news. If they don't we will be left with the worthless drivel that passes for journalism on sites like Seeking Bears.

I am curious Jeff: how much does Seeking Bears pay you for posting on its web site? Do you get a cut of its advertising revenue? If not, how much longer will you continue to give away your time for free?]]> Mon, 06 Apr 2009 17:59:55 -0400
Jarvis assumes a static status quo, which is nonsense. The AP response is typical of what will happen, as the news providers stop giving their stories away free to Google etc. Although they may be slow to change, the newspapers will adapt and thrive. They will compensate for reduced advertising with a higher subscription, for those readers willing to pay for in-depth news. If they don't we will be left with the worthless drivel that passes for journalism on sites like Seeking Bears.

I am curious Jeff: how much does Seeking Bears pay you for posting on its web site? Do you get a cut of its advertising revenue? If not, how much longer will you continue to give away your time for free?]]> http://seekingalpha.com/article/127846-congress-shortsighted-about-financials?source=feed#comment-439931 439931 Wed, 25 Mar 2009 14:17:58 -0400 http://seekingalpha.com/article/127105-10-reasons-why-we-still-haven-t-hit-bottom?source=feed#comment-434650 434650
1. Bearish posts on Seeking Alpha are coming thick and fast.
2. Everyone is saying "buy and hold is dead."
3. The press is full of "sky is falling" stories .
4. The Fed is swamping the market with liquidity yet no one is saying "you can't fight the Fed" anymore.
5. Most investors have given up hope.
6. House building has ground to a near-halt.
7. Oil prices are moving up again.
8. Australian coal contracts settled much higher than analysts expected.
9. The US dollar is finally weakening and will fall further as the fear driven "flight to safety" reverses. Cheaper dollar will improve US exports.
10. Everyone is in cash, and the market quite often moves in a direction to hurt the most people.]]> Sat, 21 Mar 2009 17:15:36 -0400
1. Bearish posts on Seeking Alpha are coming thick and fast.
2. Everyone is saying "buy and hold is dead."
3. The press is full of "sky is falling" stories .
4. The Fed is swamping the market with liquidity yet no one is saying "you can't fight the Fed" anymore.
5. Most investors have given up hope.
6. House building has ground to a near-halt.
7. Oil prices are moving up again.
8. Australian coal contracts settled much higher than analysts expected.
9. The US dollar is finally weakening and will fall further as the fear driven "flight to safety" reverses. Cheaper dollar will improve US exports.
10. Everyone is in cash, and the market quite often moves in a direction to hurt the most people.]]> http://seekingalpha.com/article/124645-five-impossible-thoughts-after-breakfast?source=feed#comment-417523 417523 Sat, 07 Mar 2009 20:04:57 -0500 http://seekingalpha.com/article/120705-bank-nationalization-it-s-just-plain-wrong?source=feed#comment-390046 390046 - leverage up to 30:1,
- securitization of all kinds of risky assets,
- hedge funds operating behind a veil of secrecy,
- and shamefully turned a blind eye to widespread fraud like that of Madoff.

The regulators are empowered by the government, and IMHO it is the government that got us into this mess. The bankers simply responded to the encouragement they were given by the regulatory system, including "encouraging home ownership" among less credit worthy borrowers (as I understand it, this was a goal first set up by the Clinton administration and reinforced by subsequent administrations and the federal home loan organizations)

Why are the Canadian banks in such good shape? Because the regulatory system does not allow such high leverage as we see in the US system, the mortgage lending industry does not allow no money down, teaser initial rate mortgages. Canadians get no tax relief for mortgage interest, so there is incentive to pay off the loan. In the US, the incentive is to have as big a loan as you can. The US government reaped the crop of bad mortgages that it sowed. Don't blame the bankers. The government needs to first fix bank regulations and take responsibility for what has happened.

Temporarily suspending the mark to market rules would be a good start. Nationalizing the banks will just play into the hands of the short sellers, many of whom post on Seeking Alpha. Kudos to Baker for being a voice of reason among the self-serving short sellers.]]> Mon, 16 Feb 2009 01:00:42 -0500 - leverage up to 30:1,
- securitization of all kinds of risky assets,
- hedge funds operating behind a veil of secrecy,
- and shamefully turned a blind eye to widespread fraud like that of Madoff.

The regulators are empowered by the government, and IMHO it is the government that got us into this mess. The bankers simply responded to the encouragement they were given by the regulatory system, including "encouraging home ownership" among less credit worthy borrowers (as I understand it, this was a goal first set up by the Clinton administration and reinforced by subsequent administrations and the federal home loan organizations)

Why are the Canadian banks in such good shape? Because the regulatory system does not allow such high leverage as we see in the US system, the mortgage lending industry does not allow no money down, teaser initial rate mortgages. Canadians get no tax relief for mortgage interest, so there is incentive to pay off the loan. In the US, the incentive is to have as big a loan as you can. The US government reaped the crop of bad mortgages that it sowed. Don't blame the bankers. The government needs to first fix bank regulations and take responsibility for what has happened.

Temporarily suspending the mark to market rules would be a good start. Nationalizing the banks will just play into the hands of the short sellers, many of whom post on Seeking Alpha. Kudos to Baker for being a voice of reason among the self-serving short sellers.]]> http://seekingalpha.com/article/117147-cruise-line-stocks-may-be-the-next-to-sink?source=feed#comment-369217 369217
There is no "analysis" in this article, just more regurgitating of other people's doom and gloom. Is it possible that cruise line stocks being down more than 50% already factors in the bad news?

Disclosure: I have not cancelled my Alaska cruise booking, have already been upgraded once, and look forward to cruising on a half empty ship. My sister in law is also looking forward to her carribean cruise next month. ]]> Wed, 28 Jan 2009 18:15:36 -0500
There is no "analysis" in this article, just more regurgitating of other people's doom and gloom. Is it possible that cruise line stocks being down more than 50% already factors in the bad news?

Disclosure: I have not cancelled my Alaska cruise booking, have already been upgraded once, and look forward to cruising on a half empty ship. My sister in law is also looking forward to her carribean cruise next month. ]]> http://seekingalpha.com/article/105148-will-royal-bank-of-scotland-s-reverse-split-help-its-share-price?source=feed#comment-302292 302292 Mon, 10 Nov 2008 16:05:13 -0500 http://seekingalpha.com/article/99533-comparing-this-past-week-to-the-87-crash?source=feed#comment-280591 280591 Sun, 12 Oct 2008 12:55:31 -0400 http://seekingalpha.com/article/98573-citigroup-should-walk-away-from-wachovia?source=feed#comment-274280 274280 Sun, 05 Oct 2008 19:58:25 -0400 http://seekingalpha.com/article/97717-did-the-fdic-sabotage-wamu-s-management-and-erode-investor-confidence?source=feed#comment-267787 267787 Sun, 28 Sep 2008 16:49:28 -0400 http://seekingalpha.com/article/97640-what-have-you-done-jamie-dimon?source=feed#comment-267388 267388 Sun, 28 Sep 2008 10:02:00 -0400 http://seekingalpha.com/article/95807-the-nationalization-of-aig?source=feed#comment-256598 256598
It is a shame that the US exported these junk securities all around the world, and it is a shame that the geniuses at the investment banks don't have to repay their bonuses.

Wall Street, the financial capital of the world, says CNBC.

More like the financial laughing stock of the world...]]> Wed, 17 Sep 2008 00:50:33 -0400
It is a shame that the US exported these junk securities all around the world, and it is a shame that the geniuses at the investment banks don't have to repay their bonuses.

Wall Street, the financial capital of the world, says CNBC.

More like the financial laughing stock of the world...]]> http://seekingalpha.com/article/95263-crunching-numbers-why-i-d-buy-aig?source=feed#comment-253729 253729 Sun, 14 Sep 2008 00:57:07 -0400 http://seekingalpha.com/article/88196-five-stocks-to-own-now-that-the-dow-has-bottomed?source=feed#comment-219084 219084 Thu, 31 Jul 2008 07:54:21 -0400 http://seekingalpha.com/article/82381-point-of-no-return-or-perfect-buying-opportunity?source=feed#comment-191206 191206 Mon, 23 Jun 2008 15:54:59 -0400 http://seekingalpha.com/article/82381-point-of-no-return-or-perfect-buying-opportunity?source=feed#comment-191083 191083 Mon, 23 Jun 2008 14:00:57 -0400 http://seekingalpha.com/article/80441-microsoft-s-ballmer-kills-print?source=feed#comment-180644 180644 Fri, 06 Jun 2008 19:20:16 -0400 http://seekingalpha.com/article/80441-microsoft-s-ballmer-kills-print?source=feed#comment-180642 180642 Fri, 06 Jun 2008 19:15:25 -0400 http://seekingalpha.com/article/79184-should-citi-cut-its-dividend?source=feed#comment-175346 175346 TRP) just did a multibillion dollar equity issue, but you don't hear anyone arguing that it should cut its dividend so as to reduce the amount of equity it has to raise.

From a classical finance theory point of view the value of a stock should depend only on the NPV of future earnings and not whether or not it pays a dividend. However, from an emotional investing point of view, what a stable and growing dividend represents is a clear signal to shareholders that management is confident of future earnings. Cutting the dividend sends the opposite signal.]]> Wed, 28 May 2008 13:21:07 -0400 TRP) just did a multibillion dollar equity issue, but you don't hear anyone arguing that it should cut its dividend so as to reduce the amount of equity it has to raise.

From a classical finance theory point of view the value of a stock should depend only on the NPV of future earnings and not whether or not it pays a dividend. However, from an emotional investing point of view, what a stable and growing dividend represents is a clear signal to shareholders that management is confident of future earnings. Cutting the dividend sends the opposite signal.]]>