sr9web

Why Selling Puts Is Not Collecting Free Money

"You are assuming unlimited risk when you sell a put.."

Not true - your risk of loss is limited to the strike price.


On Mar 31 09:38 AM Traverse Tramp wrote:

> This is just a repeat of every text book written on the subject.
> You are assuming unlimited risk when you sell a put, that's why people
> pay you for it.

Canadian Energy Trusts: The Best Long Term Income and Dollar Hedge?

PWE now yielding 15% - dividend was CUT AGAIN this month!


On Mar 26 08:31 AM longoil wrote:

> I would also add the two following Canroys in addition to ERF.<br/>
>
> COSWF.PK is a well management company with oil sands reserves greater
> than 40 yrs. Yield is currently 12% and it is trading at 50% of its
> 2008 high.
>
> PWE is another excellent Canroy. Yield is 28% and its reserve life
> is 10 yrs. It is trading at 33% of its 2008 high and I would expect
> the yield to be cut to half at some point.

Bargain Stocks? High Cash, High Yield, No Debt

spam alert !

Florida Home Sales Increase for the 6th Straight Month

Presuming that the avg sale is somewhat close to the median, then the aggregate value of RE sold in Feb 2008 far exceeds the aggregate value sold in 2009. There's no recovery yet.

Has the Monetization Really Started?

great article

Cramer's Stop Trading! Cramer Calls a Bottom (3/26/09)

indeed!


On Mar 27 08:31 AM goingbankrupt wrote:

> Cramer called a bottom!
>
> SELL! SELL! SELL!

25 Companies That Lost America Nearly $1 Trillion

"As far as accuracy of numbers, this is irrelevant"

Buddy, you are an idiot...


On Mar 26 01:43 PM J Clinton Hill wrote:

> Gentle Readers,
>
> The purpose of this post is not to single out any specific companies.
> The original title at my website reads: Incentivized Management for
> Success or Failure: Only in America. SA's editors changed the title
> and as a result probably redirected the focus and intent of my article.
> I would strongly encourage you to check the primary source (hillbent.com)
> regardless of your impressions from reading.
>
> The post was from an email that a CEO friend sent to me and is not
> my own work. As far as accuracy of numbers, this is irrelevant. The
> fact remains is that we know many of the companies on this list have
> lost a LOT OF $$$ thru general incompetence. Period.
>
> Now, let's pretend or hypothetically consider that none of these
> companies were publicly traded on the exchanges and therefore were
> private entities. Let's also pretend that you, i.e. individually
> as the reader, owned these private companies in your portfolio. Given
> that many of these incurred massive writedowns and losses, would
> you as the owner of these businesses be awarding your managers of
> these companies bonuses like this in economic times like this? I'm
> not going to answer this question, but look forward to your responses.
>
>
> In the event that any of you would still consider paying out such
> hefty bonuses, please let me know if you have any positions available.
> I would love to have a job whereby my success or failure is decoupled
> from my incentive compensation.
>
> Sworn to fun and accountable to none... Only in America... God bless
> us all....

My Response to Soros' Views of CDS

excellent reply


On Mar 26 08:23 AM Blah, blah, blah, etc. wrote:

> "Perhaps I’m reading in too much into this sentence but to expect
> AIG (seekingalpha.com/symbo...) to somehow have hedged or
> offset its CDS trades is akin to an insurance company kidnapping
> sick people who have bought life insurance and sticking them in incubators
> to prolong their life."
>
> Insurance companies (responsible ones, anyway) have reserves and
> investments that are intended to guarantee payment on the policies.
> When they sell guarantees (in variable annuities, for example), they
> do buy hedges and make offsetting investments. Also, half the policyholders
> won't die in a nine-month period, which is what happened to AIG

Why I'm Not Ready to Join the Bull Camp

good advice


On Mar 26 01:30 PM Fred Voetsch wrote:

> On Mar 26 09:20 AM AndrewBaker wrote:

R.I.P. P.P.I.P.?

good point!


On Mar 26 10:37 AM toomuchgas wrote:

> Who knows? There is no visibility. Why would anyone bet on financials
> when the oils are so cheap and have clean balance sheets?

Oil Above $50 and Still Has Legs - Cramer

buy pwe

Feds Balance Opposing Sides While Large Bank Stocks Fall

It's not the uptick rule that's needed, it's enforcment against naked shorting.


On Mar 22 02:11 PM jasonjim wrote:

> Big time rich shorters are killing the stock market, ruining many
> of the great firms listed thereon, and eventually will destroy America
> unless something is not done soon to curb their greedy appetites.
> Why is the SEC taking so long to reinstate the uptick rule, can't
> they see what is going on, or are they just stupid? I thought I'd
> never say this but it appears that Schapiro is even worse at the
> job than Cox was. At least the latter stopped shorting in financials
> for a time.

10 Reasons Why We Still Haven't Hit Bottom

It's not that we haven't "hit bottom", because we indeed have - a very bumpy bottom, which we will bounce along on for some time. Rather, what hasn't happened is that we haven't started back up yet (not for real any way). Why is that? You tell me - what's happened recently or is happening now or will happen soon that would make things move "up"? The answer is nothing. Housing is dead in the water. Lenders are dying on the vine, jobs are being lost and anyone left alive in the stock market is a trader, not a bull. Things move "up" when there's lots of easy jobs and easy money around and they stay "down" until upside pressure builds. There's no upside pressue building and there won't be for at least another year.

Leveraged ETFs: Is Tracking Error Really So Troublesome?

Let's not forget that short ETFs such as DXD, SDS and FXP allow IRA holders to go short, which they can;t do with individual stocks... very important point!

Cramer's Mad Money - AIG: Criminal or Stupid? (3/18/09)

None avail to short at Fidelity either - just checked.


On Mar 19 09:11 AM Duke Wong wrote:

> Citi-Group, NO STOCK AVAILABLE FOR SHORT.
>
> Swab, TD-Ameritrade, Scott have no stock for shorting C. My freind
> told me the SEC doesn't allow to short Citi-group.
>
> Is it true?