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Duude

Duude
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  • Wall Street Breakfast: Tech Earnings Dominate Headlines; Nasdaq Breaks Record [View article]
    "Our government is eager to rationalize the pension system (for example, by limiting early retirement), proceed with partial privatization of public assets... and create a fully independent tax commission," Greek Finance Minister Yanis Varoufakis announced.

    Oh, please! Far too little, far too late. I mean, its taken this long to agree to this little? Enough with this horse chit. Send them on their way, and let the Greek voters decide where they want to go with their country next. Greece should never have been allowed into the EU. They're a rudderless mess of an economy and the people still don't get it. A paradigm shift of Greek attitudes will take years, unless they are to leave the EU and go it alone.
    Apr 24, 2015. 09:01 AM | 6 Likes Like |Link to Comment
  • Greece offers concessions? [View news story]
    Its far too little, far too late.
    Apr 24, 2015. 08:55 AM | 1 Like Like |Link to Comment
  • Wall Street Breakfast: Eurozone Manufacturing Data Adds To Recovery Hopes [View article]
    I'm OK with it tied to options so long as the strike price is set high enough and can't be altered later.
    Apr 2, 2015. 08:51 AM | 1 Like Like |Link to Comment
  • Gilead Sciences Faces An Uncertain Future After Patent Loss In India [View article]
    Sadly, you're correct. Even non-US based companies that develop new drugs wouldn't have pursued the drugs they now have if American consumers didn't pay so much for access. The returns they make elsewhere don't warrant the investment. Even the European nations negotiate as a bloc with drug manufacturers so they pay considerably less for the same drugs we get for exponentially more. The system sucks.
    Mar 31, 2015. 10:09 AM | 1 Like Like |Link to Comment
  • Congress Owns These Stocks, Should You? [View article]
    These mega-cap stocks are just typical holdings one will find with any large cap institutional money manager. Doesnt' tell you anything. A better tell is hooking up with the option accounts held under family members of congressional staff. That's where the big returns are.
    Mar 25, 2015. 10:26 AM | 1 Like Like |Link to Comment
  • USW rejects Shell's contract offer [View news story]
    Need to train workers with the huevos to work at a refinery. I'm sure there are a few ex-coalminers interested in being retrained.
    Feb 20, 2015. 09:26 AM | 4 Likes Like |Link to Comment
  • NY Post: Freescale Semiconductor exploring sale [View news story]
    Taken private in 2006 for $17.6B, went public in 2011, has soared 75% over last 3 months and is still only now valued at $11.4B? LOL! That means it was worth $6.5B, 3 months ago. If that doesn't spell success...........
    Feb 13, 2015. 11:43 AM | Likes Like |Link to Comment
  • Wall Street Breakfast: Apple's Market Cap Closes Above $700B [View article]
    Musk looking to fire China executives? Looking to make friends over there apparently. LOL It seems he's damned if he does and damned if he doesn't. The Chinese government has no problem slowing down the sales of Tesla giving their engineers the time they need to backward engineer the Tesla to sell in China. Kind of stupid he didn't see this.
    Feb 11, 2015. 09:19 AM | 3 Likes Like |Link to Comment
  • Checkmate For Greece? [View article]
    Greece is unwilling to give up on draconian labor policies, noncollection of tax revenue, and an end to private enterprise. What with that, send some more Euros to plug up the leaks in the dike.
    Feb 3, 2015. 12:58 PM | 3 Likes Like |Link to Comment
  • Wall Street Breakfast: Microsoft Profit Stung By Sluggish Windows [View article]
    Corporate earnings dropping like a stone this morning. Fourth quarter saw one last month of QE, and now the economy settles into slower growth? Our QE experiment is looking ever more expensive every day.
    Jan 27, 2015. 09:20 AM | 2 Likes Like |Link to Comment
  • Wall Street Breakfast: Oil Extends Decline Below $50 [View article]
    @gggl Native Ukrainians have hated the Russians for 100 years+. Their dilemma has been one of dependence for energy. The Russians have a horrific history conquering and then abusing Ukrainians. The dream of every non-Russian Ukrainian is to be free of Russian influence, and its only with that, that they turned to the West. Its not Western aggression in Ukraine rather native Ukrainian repulsion of Russian influence. Until you understand some history, don't even bother to comment.
    Jan 6, 2015. 11:25 AM | 3 Likes Like |Link to Comment
  • Wall Street Breakfast: Oil Extends Decline Below $50 [View article]
    "It's time the US creates its own hemispheric conglomerate like OPEC. Take oil out of the market, and forbid it from being traded. "

    And what do you suggest instead? Setting manual prices on oil? LOL! Yeah, government always knows best.
    Jan 6, 2015. 11:18 AM | 4 Likes Like |Link to Comment
  • Wall Street Breakfast: Oil Extends Decline Below $50 [View article]
    I'd recently stated that Russia wouldn't need to alter their plans for Ukraine over sanctions or low energy prices because Europe would fold first. However, I gave Europe till Summer. How wrong was I? This came unraveled like a cheap suit. Russia will have no problem in continuing to supply Russia rebels in Eastern Ukraine because Europe is prepared to stick their heads firmly in the sand.
    Jan 6, 2015. 11:08 AM | 4 Likes Like |Link to Comment
  • Wall Street Breakfast: Greek Stocks Plunge Following Presidential Vote [View article]
    I'd just as soon see the Greeks bring the left wing back into power. The Greeks have done next to nothing turning their economy over to the private sector free of anti-business labor laws. I never thought they would change this fast. Time is a-waisting. Just put the left back into power, let them threaten to leave the EU and Germany give them their stamp of approval and finally get out of their hair. No other country in Europe is any more ill-equipped to survive free of the EU.
    Dec 29, 2014. 10:02 AM | 2 Likes Like |Link to Comment
  • America's SUV Sales Boom Vs. Tesla's Negative Growth Rate [View article]
    Many also used to complain about Amazon because they weren't making any money. Of course, they were successful in growing revenues, and with that they were given a pass. With Tesla, its neither revenue nor earnings, much like a biotech. But biotechs are priced according to their potential to explode earnings with FDA approval. How would that work with Tesla? As each year passes, more and more auto manufacturers will better there all-electric models, fuel cell vehicles will work their way into the market, and ICE vehicles will continue to engineer their efficiencies with both hybrid vehicles and the standard ICE engines. IMHO, at today's valuations, time is not on Tesla's side.
    Dec 26, 2014. 09:48 AM | 4 Likes Like |Link to Comment
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7,660 Likes