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The Hammer

The Hammer
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Latest  |  Highest rated
  • How Much Does Coca-Cola's Compensation Dilute Shareholders? [View article]
    of course this stock option bonanza is happening across corp america. stock options have become an entitlement just to show up.
    Mar 26 06:59 PM | Likes Like |Link to Comment
  • Precious Metals Premiums Down [View instapost]
    why are lower premiums worrisome? The time to consider to buy is when premiums are low, trades below cost of extraction and sentiment is negative. There is a credit crunch in China right now. PMs may be at risk of short term price volatility as an asset to sell to cover loans. Premium on silver coins. There are a number of silver coins. eagles maples (recognized currency) always have a higher premium vs bullion coins. also china is changing the gold standard to 0.9999 not the old 0.999. 24k vs 22k. look at CEF, trading at nearly a 5% discount to its nav. good times to be ready to buy on any major dips below mining costs per ounce.
    Mar 20 03:47 PM | Likes Like |Link to Comment
  • Lush golden parachute waiting for Time Warner Cable's CEO [View news story]
    outrageous payouts. another example of crony capitalism and nose thumbing at shareholders and "little" workers.
    Mar 20 02:44 PM | 3 Likes Like |Link to Comment
  • I Love My 'Magic Pants' And My Partners Wear Them Proudly [View article]
    do disagree somewhat in that dividend stocks do not drop as much. PM dropped from $50 to $32 or 36% in 08-09. kind of painful at the time but being around for a number of these deep corrections one realizes it is very profitable to buy reasonably good quality at bargain prices not flee. The dividend reinvestment helps the buying power too. A group at major risk of panicking are those living off the dividends and cannot reinvest at such value prices. It is like the collapse and bottom of stocks in 1932, many say market did not recover until mid 1950's. If dividends included one broke even long before that date. Same could be said for 2000 and today portfolio values for dividend reinvestors. Basically it comes down to greed and fear. This is not the time to be greedy imo.
    Mar 20 02:20 PM | Likes Like |Link to Comment
  • I Love My 'Magic Pants' And My Partners Wear Them Proudly [View article]
    even dividend stocks can get overvalued. for example sre sempra, (former enova, san diego g&e) a utility which have owned for decades and reinvested divies like forever until taking off finally when price is just to high. entry valuations are important to returns. when cramer and his flunkies were calling for tobacco to go bankrupt in 2000 added mainly to philip morris (owned several decades) at nearly 10% yield. in 2008-2009 was able to reinvest dividends in pm at great prices in mid $30' and low $40's as well as adding in mid $30's. stunned to see it hit $32s.
    alot of dividend stocks are pricey so caution is in order. There is a dividend bubble going on where payout ratios are increasing so tread carefully as mgts jump on the dividend increase bandwagon each year.
    Mar 20 01:32 PM | 1 Like Like |Link to Comment
  • Buffett takes bond holdings to lowest in over a decade [View news story]
    Treasuries are the biggest baddest bubble in history. The payer of last resort is nearly tapped out. It goes bust when confidence dries up. The dominoes are lining up.
    Mar 12 09:08 PM | Likes Like |Link to Comment
  • Morguard Corp: A Diverse High Quality Real Estate Portfolio That Sells At A 50% Discount [View article]
    Hats off to Rai Sahi. This guy knows how to manage a RE company to build value unlike many of the other reit mgrs who are capital destroyers by diluting and overpaying consistently. It must be the stock options. NOT!
    Mar 12 08:47 PM | Likes Like |Link to Comment
  • Booze Stocks: What To Buy, What To Sell [View article]
    going to lose beam soon after 20+ years. first as american brands then fortune brands. bfb is top notch company. buy on deep market correction. kind of expensive now.
    Mar 12 08:34 PM | Likes Like |Link to Comment
  • Gundlach cuts DoubleLline's high-yield holdings to just 3% [View news story]
    what happens when it is interest rates and credit risk?
    Mar 12 10:03 AM | Likes Like |Link to Comment
  • Why The Fed Won't Save You From The Next Bear Market [View article]
    massive expansion of the economy via even more parabolic expansion of debts.
    why do you think total debts stand out 59 trillion vs a 16 trillion+ gdp?

    corp profits are different than real median incomes. the bulk of the benefits are going to upper mgt and their crony ring leaders giving themesleves 300-400 times comps in comparsion to avg worker. In 1980 the avg exec pay to avg worker was 40 times. you need to start reading some corp proxies. seeing 10%+ comp increases to overpaid execs while the little guy gets 2-3% if lucky to even keep their job. Issuing debt to buyback stock and show eps growth is not organic growth. Not against this totally but execs are getting to much credit for nothing but using shareholders balance sheet to give the illusion they are growing earnings.
    Mar 12 09:43 AM | 1 Like Like |Link to Comment
  • Why The Fed Won't Save You From The Next Bear Market [View article]
    the Fed's policies did REFI the economy, but as you can see from the feds flow report total debts have gone into new highs again. The most important borrower the US govt has shortened its debt maturities so higher rates will kick in faster when the time comes. Also the Fed has goosed up house prices again so some of the benefits of lower rates has not been realized. This is a bandaid relief until interest rates head higher and the debt is rolled over into higher rates. The borrow and buyback party is coming to an end so goosed eps figures will be no longer.I bought stocks in late 08-09 not b/c of a monetary event but cuz they were cheap. They are not cheap now. Covering myself from assumptions I dont go all in or all out. Own a few same stocks for over 30 years+.
    Mar 12 09:11 AM | Likes Like |Link to Comment
  • Why The Fed Won't Save You From The Next Bear Market [View article]
    How do u know this a secular bull market?
    So what it is the 6th largest? The Freaken 10 year hit 1.45%. who thought this would happen? Who thought profit margins would stay at these levels this long? The freaken USA debts have gone from $9 trillion to over 17 trillion in last 5 years. You call this normal?
    Minuteman I do not know what u were doing in late 08 09 but i was buying with the cash i had stored up. Cash hoard is starting to build once again. i'll let you go for it on leverage.
    Mar 12 08:58 AM | Likes Like |Link to Comment
  • Why The Fed Won't Save You From The Next Bear Market [View article]
    RSH SPLS and JCP demise have nothing to do with the middle class but a transition away of doing busines to retailers like AMZN (internet) costco and walmart.
    Of course if southgent looked at Fed release he would see that real median incomes in USA have been falling for decades. With less disposable income after inflation, the consumer has no choice but to find the lowest cost alternative.
    Mar 12 08:45 AM | Likes Like |Link to Comment
  • Why The Fed Won't Save You From The Next Bear Market [View article]
    in 1982 inflation expectations were very high and inflation was high. Interest rates were high too. Valuations were rock bottom while profit margins were at the lower end of the range. Today the total opposite. Interest rates near historic lows, profit margins at record peaks, inflation some say what inflation? This is not the set up for a secular bull market. we are in a major historic monetary event with the Fed going off the deep end and fed spending off the charts. do agree that emerging markets will be a rewarding place to profit from eventually as they correct hard.
    A nat gas revolution? Yes but at a higher price. Nat gas is being mispriced due to a number of factors like land lease requirements which is ending soon and indebted producers are forced to sell off assets to cover debts. So, e&p assets are going into stronger hands thus no incentive to to drill at uneconomic prices just to mfg cashflow to stay afloat.
    Mar 12 08:27 AM | Likes Like |Link to Comment
  • Things You Probably Don't Understand About Russia's Agenda And Why You Need To Understand Them [View article]
    Joe is just connecting the dots. The bilateral trade agreements is diminishing the importance of the dollar. Albeit the dollar continues to have a dominating position the process has to start somewhere.
    Gold will play a more vital role in the global monetary system. It is being accumulated aggressively by the new players /emerging economic powers.
    Mar 11 10:56 PM | Likes Like |Link to Comment
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