Mayascribe

Quickchat #15: Starts 11/8/09

TB: I can't remember where I read this, but the average American new home requires about 60 pounds of copper. My thoughts are, as China expands in their Tier II cities, which many are already twice the size of LA, China will be using a lot of copper. As you know, they've been buying hand over fist the red metal. My guess is that they are stockpiling for a huge explosion in these western Tier II cities. That's where XIN does their biz.

Over there, they do things right with their money. In China, job stimulus really means job stimulus.

XIN is not a big company by any stretch. I'm not saying I'm buying, yet. If I do, I will let you know, buddy! I've already owned the stock once before. It was back in June, and I got burned during that baby downturn.

Out until after the Steelers game is done.

By the way, I'm not saying Chinese homes are as big as US average homes. Still...

Your Two Cents Worth

Thomas: I'm already a member of goooh.com "Get Out Of Our House" and freedomworks.com Both were highly active in Tea Party 9/12, as well as sponsoring more rallys yet to come.

blowoutcongress Sounds great! Love the name! I'll be joining.

Thanks! Good to see another patroit on SA!

Breaking News: Chinese Real Estate Crash

Funny, John. We're on exactly the same page but opposite sides! The title of your blog startled me, as I was just posting this in OptionsGirl's chat.

I've been tracking Xinyuan Real Estate for some time, wondering when to buy some shares. They just filed a nice report. Always skeptical of their accounting, though. YOY same quarter, revenues up nearly 50%.

Here's a link about (XIN) hot off the wire:

app.quotemedia.com/str...;;topic=XIN

Quickchat #15: Starts 11/8/09

TB: Read the link. The comments detracting the article made more sense to me than the article itself. All about investing time period and exit strategy. I'll be watching XIN because of that very postitive report.

Thanks!

Quickchat #15: Starts 11/8/09

Hmmm, (XIN) ready to finally lift off?

Here's the latest off the Asian Newswire:

app.quotemedia.com/str...;;topic=XIN

Buffett's Burlington Buy Is Really a Bet on China

Agreed, Mark. Additionally, I enjoy reading your take on things. You are one of the most informed on this website. A real student of what's really going on in this nutty world.

I actually have more than 100 shares of (PCX), because I also have a brokerage account where Patroit is up about 40% after yesterday's and today's run up. In my e-gamer account I added some more today.

Cash For Clunkers Datapoint of the Day

Felix and USER 353732: According to YellowHoard, some people were buying road ready golf carts for about $8500, and getting the rebate. For people who live in the center of the country, and haven't visited, there are scads of Florida islands that do not allow cars.

I know, because I have been to North Captiva on the west coast of Florida. Flew in on a single engine Cessna, and was met by the postman, who also was the island's law enforcer. He picked us up in a three-seater golf cart, and took us directly to where we could rent one.

Cash For Clunkers was absolute stupidity, as was/is most of the policies coming out of DC.

Quickchat #15: Starts 11/8/09

Rats: Brilliant! I'm tossing you a Cheez-It!

(I bought some (PCX) @ $13.12. If it goes up tomorrow, I will add. If it goes down tomorrow, I will add. If it does nothing tomorrow, I will add. So why not add more now?)

Nancy Pelosi - Speaker of the House or Satan's hellspawn?

Scrooge: How'd I miss this column all day? Hoard is correct, that chick is hot! And I very much hope soon will be on the hot seat, making her all the hotter.

Mark: Someone find a picture of a big vice with Joe Sixpack's head in it! Scrooge's gem of a picture find is Pelosi's gleeful expression exactly as she tightens the vice, making Joe Sixpack's brains splatter all over the wall of freedom.

Buffett's Burlington Buy Is Really a Bet on China

Mark: I've been grumbling today about missing (PCX), too. I had some and then sold it when the foreboding Cap'n Trade was all over the news last week. Then on Cramer, I heard Aubrey MacClendan, CEO of (CHK) state that Cap'n Trade, as the bill currently stands, actually favors coal over nat gas. That comment cought me off guard.

Then Buffet bought Burlington and up Patriot went. I am going to hold my nose and add to my measly 100 shares. I can't imagine the stock going down 15 to 20 % from here.

Glimmers of Hope for Employment

Probably all merged into savings, spending, etc., a host of many other categories; "easy" as sorting through a single noodle on a big plate of angel hair pasta,

On November 16th or 17th, I will be upating my Insta "The Scariest Financial Site On The Web." It will offer a 3 month snapshot at the piling up of all kinds of categorized debt.

Last week I noticed that one of the stats that usdebtclock.org got rid of was "Unofficial Jobs Lost." I find that curious.

Quickchat #15: Starts 11/8/09

Thanks Triple.

Hoping I don't need it!

Dang it! I wish I would have kept Patriot Coal (PCX). Rats.

Yes We Can (Defeat the Healthcare Program)

GD & I: I'm already reading things here and there that the senate is going to vote down Pelosi/Obamacare. Have you read Jim Quinn's take he wrote a few days back? Good stuff.

Quickchat #15: Starts 11/8/09

Hard: interCLICK is fading on this up day. I'm not selling my shares even if it passes beneath my buy in point, unless it goes down by 8% to 10% more. Where I might buy more. These just-uplisted stocks are sometimes hard to figure.

Quickchat #15: Starts 11/8/09

OG: Ditto!

TB: The GWM offering was only for Canadian citz, unless someone outside of Canada had an agent. Not sure if you caught this, but my broker informed me that to register an offering with the SEC costs approximately a quarter mil.

If they would have opted to spend the $250,000? Who knows.