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  • JPMorgan May Be Eroding Shareholder Value With Asset Sales  [View article]
    agreed bro good timing, but the $6 bil in profits was squandered and the losses imo will be much larger than expected. Their derivative book probably has billions upon billions in toxic junk junk ready to implode under the right scenario.
    May 31, 2012. 01:26 PM | Likes Like |Link to Comment
  • 'The Economics Are Stellar' On This Booming U.S. Oil Play  [View article]
    which companies have large postion in the eaglebine/ eagleford that are trading at good values?
    May 30, 2012. 09:46 AM | Likes Like |Link to Comment
  • Another Look at Euro Area Capital Flight  [View article]
    Pater great article but you could really simplify this by a step by step progression of the crisis unfolding. A couple lines per step.

    Another thing, <<<We have discussed this phenomenon before in the case of Portugal, which has experienced a crash in its bonds when it lost its investment grade rating>>>

    When these bonds crash in Greece, Portugal, Ireland, Spain and Italy are they not priced in Euros?

    We are getting a primer on what is coming our way, the USA dollar and treasury bond bust in the not to distant future. It may be worse since there is noone to bailout the USA.

    As the progression hits spain and italy is it getting close to the time to look real hard at european equities or should we wait until the euro takes a further hit?
    May 29, 2012. 10:46 AM | 1 Like Like |Link to Comment
  • Mr. Icahn, Chesapeake Energy Shareholders Stand Behind You  [View article]
    We all should learn a lesson. Avoid cos with rotten corporate governance and SH!^^Y mgt.
    Having said that, I voted out Mclendon and Nichols last year while they were elected by the foolish shareholders. This year vote out the two crony board members and VOTE down all compensation.
    The next 6 months lots of value will be squandered by the ceo and his crony board members as assets prices will not be so robust.
    There are much better run E&P cos out there with massive asset bases that are trending toward 52 week lows. If weakness ppersist in global economies oil will take further fall thus pressurung these stocks. A few are apa, dvn, su, pwe, dnr, cnq, coswf, cvx...........
    May 26, 2012. 09:59 AM | 1 Like Like |Link to Comment
  • Real Estate - A Good Investment Again?  [View article]
    Hedge funds are not real buyers? they are flippers in disguise. Bringing new inventory to market at future date.
    What happens if hedge fund runs into some sort of liquidity situation? Lots of hedgees had to liquidate in 08-09, but mainly with securities unlike houses. This hot money could blowup and then really be a big dump on the market. So I would not take comfort that serial flipper hedgees are buying in big time.
    May 23, 2012. 11:16 AM | 4 Likes Like |Link to Comment
  • Real Estate - A Good Investment Again?  [View article]
    lower, many middle to high middle end houses for boating water access sit empty and are not being foreclosed on. why? probably cuz one example a house had a million in total liabilities against it but house would probably sell for mid to high $300's. Alot of these houses between the taxes 7500 and then the insurance 4000-5000 a year is not cheap to maintain.
    May 23, 2012. 07:39 AM | 1 Like Like |Link to Comment
  • Real Estate - A Good Investment Again?  [View article]
    Another slowdown or recession will stop this quickly. As news comes out of China of a hard landing and europe continues to unravel, this housing price bounce will not last long.
    May 23, 2012. 07:23 AM | 2 Likes Like |Link to Comment
  • "Sell your house ... yesterday," Gary Shilling tells Bloomberg. It will take 4 years, he says, to work off still-high inventories, during which time prices could fall another 20%. Turning to Facebook: "(It's) the end of the social media boom ... reminds me of"   [View news story]
    tack you keep repeating yourself that is it cheaper to buy then rent. Not so in many areas of the country. Rumor yun may need a future replacement.
    Tack ever heard about more bodies per housing unit. We hit record lows bodies per unit in mid 2000's now expect more bodies per unit for years to come. Less housing units needed. Besides the 0 credibility NAR, why is everyone in such a rush to get houses prices up putting pressure on family finances when they buy.

    Lower house prices are good for American homebuyers and the economy.
    May 22, 2012. 09:35 PM | 1 Like Like |Link to Comment
  • GM Could Sink Another 15% By 2013  [View article]
    what is missing from the article is ONLY the $31.5 billion in cash and securities.
    May 22, 2012. 05:03 PM | Likes Like |Link to Comment
  • Historically High Affordability A Major Factor In Housing Rebound This Year  [View article]
    where is the facts on the appaisals being low ball?
    the deals are falling through because the deals do not make sense as it should.
    As long as China, Brazil, India, Aussie and Middle East transact in dollars the mighty one Bernank can print and create currency.
    The indicators are all there that the dollar will be replaced eventually and it could happend sooner than you may think.
    <<Let's allow a market between willing buyers and sellers determine the market price>> Sounds great on paper BUT
    The housing market is totally being manipulated by the banks and govt. Homedebtors sitting in houses for 3-4-5 years without a payment. How is that a free market?
    What about qualified buyers? A house sold down the street $485k over a year ago. The buyer put down $6,500. The other $477,500 was an FHA loan. This is NOT a real buyer who cared what he paid for the house or had skin in the game. The F%$^ house tax assessed at $402k and I think it was proabably worth $385K or so.

    Everything the govt has involved itself especially financing, Education and housing is over bloated and over priced.
    May 22, 2012. 11:05 AM | Likes Like |Link to Comment
  • Historically High Affordability A Major Factor In Housing Rebound This Year  [View article]
    why is it rates only move up if the economy picks up?
    the fed bought 60%+ of treasury issuance last year. This can't continue forever.

    Low ball appraisals? where? i am not seeing it. About time these gate keepers started doing their job.
    The entire real estate complex from the re hore to the appaiser to the mtg broker to the bankster to the govt is totally corrupted.
    May 22, 2012. 10:35 AM | 1 Like Like |Link to Comment
  • Historically High Affordability A Major Factor In Housing Rebound This Year  [View article]
    Tack the difference today is look at case shiller housing valuations over 100-200 years.
    You will see that house prices valuations peaked around 1980 then about 1990 then 2006. However the valuation at each peak went more and more into bubble territory. 2006 went off the charts like tulips. I do think this time around since most are still stretching to buy with such low rates, higher interest rates will have a bigger neg on house prices if rates back up this time around. Anyone I know who bought in late 1970's put down at a min 20% or more. The whole mentality has been changed by the NAR to sell houses on a monthly payment basis. BAAAAHHHHH. You can see above that is difficult to save money after living expenses.
    May 22, 2012. 09:52 AM | Likes Like |Link to Comment
  • Emerging Market ETFs To Signal A Buying Opportunity  [View article]
    Buffett uses total market capitalization to gdp as a barometer to gauge valuation. Look it up.
    Just b/c something has corrected down 30-40% does not necessarily mean it is value priced.
    May 22, 2012. 09:41 AM | Likes Like |Link to Comment
  • Emerging Market ETFs To Signal A Buying Opportunity  [View article]
    You put no valuation metrics for the individual markets: things like entire market cap to gdp or p/e ratio or dividend yield or book value for index.
    May 22, 2012. 09:26 AM | Likes Like |Link to Comment
  • Historically High Affordability A Major Factor In Housing Rebound This Year  [View article]
    No I call that a bubble. Economist call falling house prices deflation. It is not deflation it is a correction of an overpriced asset to a historical fair value. Houses are overpriced vs long term wage growth. It is really that simple.
    FHA fraud loans are an attempt to prop up house prices just delaying the inevitable pricecorrection that is long overdue to the massive manipulation of house prices by govt intervention and bankster frauds.
    Most Americans do not get the perks and bennies and wage increases that professors get a year.
    Median Income Family of 4:
    Rent or House payment: 1,350 a month = 16,200 year
    Car payments = 2x2 cars= 2X300 a month = 7,200 year
    Gas car1 12,000 miles /18 mpg = 667 X 3.70 gas = 2,468
    Gas Car2 15,000 miles/25 mpg= 600X3.70 = 2,220
    Car insurance 2 cars = 2000
    Food family 4 = $25 a day 750 a month = 9,000 a year
    Utilities (Cable/internet 100) + phone(140) + electric/gas(250) =1200+1680+3000=5,880 year
    Does not include healthcare contribution or copays or 401k contributions.
    16,200+7,200+2,468+2,2... $44,968

    50,000-44,968= $5,032 leftover for everything else?? Clothes car repairs house maintenance
    May 22, 2012. 09:09 AM | Likes Like |Link to Comment