James Davis

Why I'm Not Shorting Diedrich Coffee

Shows ya, a sucker is born every 30 seconds. These folks are overpaying something awful for mediocre coffee, just so they dont have to touch a few grounds.

Barnum was right.

Book Review: Niall Ferguson's 'The Cash Nexus' Offers Much Needed Perspective

Hey, you forgot to add imbecilic sound effects to the list of attributes CNB(S) and the others use. Even Bloomberg is doing it .

We are watching for the info guys, not to hear video game sounds.

Class Action Lawsuit Against ProShares SRS Seems Without Merit

Any short tracking ETF , especially a 2X or 3X one, pretty much HAS to have a downside bias.

No need for fancy math to prove that. Since a normal short exposes you to UNLIMITED loss, and these ETF's DO NOT , does anyone imagine that benefit comes for FREE? I hope not. You are made to pay for that privilege, daily.

They are probably too esoteric for the average investor, and anyone who traded them thinking you could just buy and hold was ill advised or ill informed. You have to sign an options disclosure to trade options, maybe the same should be required of leveraged ETF's

Analyzing Strange Volume on the NYSE

Well, I don't think you've given an example where this huge volume and LONG bias in the shares would be anything but speculation if not manipulation.

Anyone paying up for the shares would have to have an *offsetting* position in something else , not another LONG, for it to be an arb.

Someone holding a CDS would not be bidding up AIG hoping that he could then unload the CDS at a profit, cost way too much and way too much risk.

Yes there are all sorts of bonds, swaps, etc, but this action in AIG does not seem like an arb at all. Of course, I could be wrong, there are an infinite number of possibilities out there, and no one knows them all. Just seems like the least likely explanation for the run up.

Analyzing Strange Volume on the NYSE

You say its an arb? Then what instrument are they shorting as they bid up AIG?

I await an example.

Expected Volatility: 20 Option Straddle Ideas for High Beta Stocks

You tell only part of the story. You must know that not only must the price move , but you have to overcome volatility crush, where the vol drops sharply after earnings.

In some cases 10% will make you nothing or or very little.

CIT Prepares to File for Bankruptcy

I worked for CIT as one of my first jobs as a kid, many years ago, stapling payment booklets together,

Crappy job, but now they are gonna staple CIT.

Jim Rogers Shares His Thoughts on the Market

Yeah , Cramer made all his $$$ when he could rape and pillage too. He quit when the rules changed and the heat got too, uh, high.

TSCM , $2 garbage can. Investors pillaged.

Scandal with that nitwit Dykstra, pimping him out as an options guru when he was nothing but a ponzi schemer.

Surprised he has not been SUED yet for misrepresentation.


On Jun 24 11:08 AM bobbobwhite wrote:

> Rogers made his money in the unregulated hedge fund game of the 70's
> with George Soros. Nothing documented since then.....30 years! Those
> were the dark ages of unregulated investing, but through his constant
> grandstanding Rogers has now reached critical mass the same way Cramer
> and Kudlow et al have done......talk enough and get seen enough on
> TV about what you have done or say you have done and people start
> to listen, unfortunately, in all 3 cases, no matter how biased, off-the-wall
> or arcane it may be.
>
> And all 3 pump shamelessly what they already own. Be cautious of
> following the advice of people who always eat their own cooking,
> and tout it endlessly as the only food in town. It is good sense
> to try something else, and often.

Jim Rogers Shares His Thoughts on the Market

Rogers is the Mother Theresa of investment gurus.

He only gives you his wisdom out of a desire to help the downtrodden.

You are downtrodden, no?

Credit Suisse ETNs Now Trading OTC

GOE traded 4000 or more shares a day for weeks. There's no way this was all trading by retail.

I find it profoundly suspicious and disturbing that GOE magically traded right down to near par the first day of pink trading.

What 'buyer' could have been so stupid to pay 40-50 , up to $100 for shares that were worth $10? And all of a sudden a NOT UNEXPECTED move to the OTC caused all those idiots to wise up. lol.

No, there's more to this than simple supply and demand.

Credit Suisse ETNs Now Trading OTC

I have an even better question. How about taking a shot at this.

Why did this persistently trade at 40 on Arca or wherever it was on the NYSE, and as soon as it moved to the pinks it dropped to 12 ?

I know stock prices are pure bs, but this is really a black eye for orderliness.

The Modified Uptick Rule Debate

You'd be surprised at how many supposedly 'sophisticated' traders think the uptick rule is a straw man.

Wingnuts and shmucks indeed.

Credit Suisse ETNs Now Trading OTC

Also, who exactly was BUYING those shares at 40 and up?

How many shorts could there have been to be squeezed or bought in?

Something ungodly stupid about how this traded. Makes you wonder who is watching the store.

Credit Suisse ETNs Now Trading OTC

GOE traded $12 - 13 for size.

I don't believe it was possible to short this rat, and anyone that went long at those absurd high prices, well, they would have been better off just burning their money.

Elements MLCX Gold ETN Currently at 1,000% Premium: Sell Now

Explain how this can trade 25k a day on 50k float?