Wrong site to make this article as you will never find normal investors here. Shorts only. They should change the name of the website to something like webebearshere.com
General Electric: Genuine Risk of Collapse? [View article]
Well based on the comments here it appears the shorting of GE is going on in a big way...Such rediculously transparent comments by more than a few looking to convince people with bogus stories... 'I was about to buy but will now wait' 'My Mother had 1mil in GE now worth 300k' 'GE will go under $10 and the DOW 6k' Please...I feel bad for the idiots that listen to this crap. Sure they have issues, but this article is so slanted I am surprised I don't have to read it at a 90 degree angle. Every company is having the same challenges for the most part, and all have done some financing to make sure they don't have to rely on short-term notes that have little market at the moment. So what? Is this only GE's problem? No. So buy or don't, but this is a market decission and not specific to GE. You either think this is close to a low for many stocks, or you don't.
Ken Lewis and BAC's Shareholders Got Hosed by the Feds [View article]
Honestly people forget the context and timing of the events when they pile on the Fed and absolve BAC. Having followed the drama during the time, there was little doubt that Lewis was trying to milk the deal and either lower the price, or get more help from the Goverment when he threatened to pull out of the ML purchase. However the reason that the Fed couldn't allow it to happen, if they could prevent it, was that a failed deal would be Bear Sterns all over again and the Market was just starting to get somewhat stable after that mistake. Combine that with the fact that when Bear was sold for a few bucks, the shareholders called everyone they could and forced the price of the deal to $10 instead, after the fact, this meant that BAC couldn't pay what they thought was a fair price without ML going BK and there was no way the Financial system would have digested that without further, and systemic, collapse. Bernake did the best job he could and even if some of the emails portray a very rough and tumble forcfulness to get the deal done, the Goverment was leaning on all the large banks to help absorb the bad Companies and this was just part of trying to save us from the worst case scenario. I applaud his effort and even his tactics. Without the zeal and drive he showed to hold the ship steady, we would be so much worse off today and there wouldn't be time or room for this political grandstanding as we would be facing 15%+ unemployment and the Politicians would be driven out of office for their dithering.
Just to point out, the normal investor couldn't purchase the stock until it was at $17. So the 'metoric rise' wasn't all that for an average investor. Maybe the Investment houses got rich and even the people that were lucky enough to get a doled out amount before trading, but not you or I.
I await the price to come back and I look forward to finally getting an opportunity to invest in the Company I've watched and wanted too long for to let it get away, but I will not buy at a higher price than I feel it worth and have to wait and hope growth will make me whole.
Although I will add I missed many an internet stock in the 90's because of this philosophy too...LOL Sad, but true.
Justin, I guess you would be opposed to all volume discounts that businesses offer then? This is a difficult policy for AMD to overcome I admit, but it is hardly a new practice for any business to offer better pricing based on the volume of business you do with them. It is hardly illegal and certainly not improper. Intel was just very aggressive in stating it's pricing policies.
Bank Stress Tests: Is Everybody Confused Yet? [View article]
LOL. Clueless. Do you even know how much gold there is and how much money? Look it up before you suppose to offer a solution you know nothing about.
Sorry, but you needed the slap to change and learn to research more.
Good luck!
On May 06 08:25 PM Speedspirit wrote:
> Here is where it is going the plan is to induce the gradual surrender > of American sovereignty. > 1) they will greatly expand Govt spending for every concievable means > to get rid of American dollars wastefully as possible. > 2) higher taxes alot higher > 3) hyperinflation > 4) Govt control over wages,prices and materials to combat inflation > > 5) Greatly increased socialistic controls over every operation of > economy and activity of life > 6) Far more centralized power in Washington and practical elimination > of state lines > 7) Steady advance and control over education by federal aid > 8) Consistant hammering of horrors of warfare to induce peace on > communist terms > 9) the end of American freedom surrendered piece by piece step by > step to various international interest. > > To combat this natural order of events we must > 1) restore complete indepndence of the United States > 2)Money fully redemable for Gold,Silver,ect > 3) Reduce size of govt by 50% > 4)Withdraw all American troops fron foreign soil > 5) Govt eliminated from areas of life where Govt doesnt belong<br/> > > And this is a world that will take care of itself through profitability > and accountability. Money and investments for everyone.
Stress Tests Were Never a Serious Exercise [View article]
Is there ever an article on Seeking alpha that is positive and uplifting and not short with doom and gloom written all over it? I've been reading this site off and on for a while now and have never, EVER, seem anything where the writers are upbeat and believe in anything other than the end of the world. I really need to find a site that is similar but way less biased. You guys always seem to have an agenda rather than just publishing a story. The site is way too extreme. It's like Lou Dobbs or Glen Beck. Just sensationalism to get more eyeballs.
This is so insightful, thanks. I would like to add my own scenario: Let's say the World GDP is equal to $1. Then let's say that the World GDP is now found to be worth 30% of what we thought it was. Now that means I can buy every Company for a 70% discount! Wow, well who wants to sell me their business? I mean I can make numbers up too and then start extrapolating out meaningless stats. It doesn't make me right, or my analysis worth anything. Please remember that we don't read these articles hoping to here what you dreamed up in a drunken haze. We hope for some reliable and concrete information, EVEN FROM SEEKING ALPHA.
This article is a joke. You made up numbers anytime it suited you. Just 2 examples: Chavez has oil budgeted at $95...False...$80 was the figure from many differrent sources for months now. Oilsands need $80 for breakeven...False...Un... the huge run up in prices that caused a shortage of labor and equipment oilsands breakeven was %$40-50 a barrel.
Much like most things on SeekingAlppha you artice is written to serve your already decided conclusion, not an independant analysis. Between that and the perma bear this site loves to publish it is a wonder you guys haven't all committed mass suicide yet.
Ah yes. Another winner for Seeking Alpha. A good article is completely disputed by 2 different posters and the article remains unchanged. Ofc relying on Bllomberg and the like is fair, but come on... If people say you are using the wrong numbers, at least acknowledge it by editting in a comment on your sources and there is dispute. By not bothering and making people have to read the comments to see that you may be using numbers that are really off the mark you lose all credibility. Shame really because I thought it was a good articvle until I read the comments. This model of Seeking Alpha for contributors sucks and lacks any real journalistic merit. A Bulletin Board or forum system is more what this site is. I hate railing against this site because I do read it hoping to get some good insight from knowlegable people. I even get that from time to time, but the crap I have to read to get the good stuff is unreal. If this is what journalism of the future becomes, god help us all from the self-serving masses and their biased, or just plan poorly researched, views.
WB doesn't have to be right or wrong really. Time and perserverance will make himm whole on bad buys. One only has to have the cash to hold on to until then and the will to see it through.
chug4fun1 I don't know if I should be disgusted by your post, or congratulate you for getting it done before the banks stopped making the loans for the most part. Now, whether or not they do any due diligence, they are too afraid to make a decision so we are not able to follow your system of how to scam the system decade after decade. I suppose I should be happy for you, but to tell the truth I can't keep down dinner even thinking about it. Some of us actually pay our bills...You just move. That's one hell of a ethic lesson you demonstrate. Oh and I am so sorry your mortgage jumped from $700 to $3500 (Which I find hard to beleive but even so how smart is it to get into that kind of a loan? Stupidest terms I have heard of.), of course the question has to be asked... Did you even read the documents, or are you really trying to say you have no fault in this because some salesman told you to buy. I think I understand this more now. The prudent and smart consumers are being shafted by the idiots (who far outnumber us) that can't manage to act like adults and have to buy every item on the commercials because the TV told them to do it.
Where We Go from Here: Best and Worst Cases [View article]
thedozer, Please don't try to make this political with your clearly biased views. Bush was aa huge 'pusher' for housing for everyone as well, it is not a democratic ideal. It is an American ideal, that was exergerated and inflated past any sane measure of responsible lending. Bush has been going on for years about how he helped get housing for minorities, and poor people. Greenspan was famous for the ARM mortgages for everyone speeches. Both parties mmade this mess by a consistent belief that, like the Goverment, we the American People could go in to debt and pump the economy. Someone would just borrow and refi out of it later was the motto. Oh and although I would argue that healthcare for all is no more a right than Social Security, or Driver's licenses, it is a goood program that will improve Americans lives. We just need to regulate the costs in that more as welll. Lobbiests and Corporations have been raping us for decades and getting rich in so doing. BTW, The 'Life' section of the 'Life, Liberty, and the persuit of Happiness' does allow for the argument that Healthcare is a extention of that ideal. Lastly, pardon any mis-typing as the kkeyboard likes to add a letter to what I type. I need to get a new keybooard I guess...lol...Think I can get a tax credit???!!! LOL
Sort by:
Latest comments | Highest ratedBuy and Hold Is Alive and Well [View article]
Shorts only.
They should change the name of the website to something like webebearshere.com
General Electric: Genuine Risk of Collapse? [View article]
'I was about to buy but will now wait'
'My Mother had 1mil in GE now worth 300k'
'GE will go under $10 and the DOW 6k'
Please...I feel bad for the idiots that listen to this crap.
Sure they have issues, but this article is so slanted I am surprised I don't have to read it at a 90 degree angle.
Every company is having the same challenges for the most part, and all have done some financing to make sure they don't have to rely on short-term notes that have little market at the moment.
So what? Is this only GE's problem? No.
So buy or don't, but this is a market decission and not specific to GE. You either think this is close to a low for many stocks, or you don't.
Ken Lewis and BAC's Shareholders Got Hosed by the Feds [View article]
Having followed the drama during the time, there was little doubt that Lewis was trying to milk the deal and either lower the price, or get more help from the Goverment when he threatened to pull out of the ML purchase.
However the reason that the Fed couldn't allow it to happen, if they could prevent it, was that a failed deal would be Bear Sterns all over again and the Market was just starting to get somewhat stable after that mistake. Combine that with the fact that when Bear was sold for a few bucks, the shareholders called everyone they could and forced the price of the deal to $10 instead, after the fact, this meant that BAC couldn't pay what they thought was a fair price without ML going BK and there was no way the Financial system would have digested that without further, and systemic, collapse.
Bernake did the best job he could and even if some of the emails portray a very rough and tumble forcfulness to get the deal done, the Goverment was leaning on all the large banks to help absorb the bad Companies and this was just part of trying to save us from the worst case scenario.
I applaud his effort and even his tactics.
Without the zeal and drive he showed to hold the ship steady, we would be so much worse off today and there wouldn't be time or room for this political grandstanding as we would be facing 15%+ unemployment and the Politicians would be driven out of office for their dithering.
Battery Investing for Beginners [View article]
I await the price to come back and I look forward to finally getting an opportunity to invest in the Company I've watched and wanted too long for to let it get away, but I will not buy at a higher price than I feel it worth and have to wait and hope growth will make me whole.
Although I will add I missed many an internet stock in the 90's because of this philosophy too...LOL
Sad, but true.
Intel's Eurofine [View article]
I guess you would be opposed to all volume discounts that businesses offer then?
This is a difficult policy for AMD to overcome I admit, but it is hardly a new practice for any business to offer better pricing based on the volume of business you do with them.
It is hardly illegal and certainly not improper.
Intel was just very aggressive in stating it's pricing policies.
Bank Stress Tests: Is Everybody Confused Yet? [View article]
Do you even know how much gold there is and how much money?
Look it up before you suppose to offer a solution you know nothing about.
Sorry, but you needed the slap to change and learn to research more.
Good luck!
On May 06 08:25 PM Speedspirit wrote:
> Here is where it is going the plan is to induce the gradual surrender
> of American sovereignty.
> 1) they will greatly expand Govt spending for every concievable means
> to get rid of American dollars wastefully as possible.
> 2) higher taxes alot higher
> 3) hyperinflation
> 4) Govt control over wages,prices and materials to combat inflation
>
> 5) Greatly increased socialistic controls over every operation of
> economy and activity of life
> 6) Far more centralized power in Washington and practical elimination
> of state lines
> 7) Steady advance and control over education by federal aid
> 8) Consistant hammering of horrors of warfare to induce peace on
> communist terms
> 9) the end of American freedom surrendered piece by piece step by
> step to various international interest.
>
> To combat this natural order of events we must
> 1) restore complete indepndence of the United States
> 2)Money fully redemable for Gold,Silver,ect
> 3) Reduce size of govt by 50%
> 4)Withdraw all American troops fron foreign soil
> 5) Govt eliminated from areas of life where Govt doesnt belong<br/>
>
> And this is a world that will take care of itself through profitability
> and accountability. Money and investments for everyone.
Stress Tests Were Never a Serious Exercise [View article]
I've been reading this site off and on for a while now and have never, EVER, seem anything where the writers are upbeat and believe in anything other than the end of the world.
I really need to find a site that is similar but way less biased.
You guys always seem to have an agenda rather than just publishing a story.
The site is way too extreme.
It's like Lou Dobbs or Glen Beck.
Just sensationalism to get more eyeballs.
Banking Won't Be Fun for a While [View article]
I would like to add my own scenario:
Let's say the World GDP is equal to $1.
Then let's say that the World GDP is now found to be worth 30% of what we thought it was.
Now that means I can buy every Company for a 70% discount!
Wow, well who wants to sell me their business?
I mean I can make numbers up too and then start extrapolating out meaningless stats.
It doesn't make me right, or my analysis worth anything.
Please remember that we don't read these articles hoping to here what you dreamed up in a drunken haze.
We hope for some reliable and concrete information,
EVEN FROM SEEKING ALPHA.
Oil: A Slippery Slope Ahead? [View article]
You made up numbers anytime it suited you.
Just 2 examples:
Chavez has oil budgeted at $95...False...$80 was the figure from many differrent sources for months now.
Oilsands need $80 for breakeven...False...Un... the huge run up in prices that caused a shortage of labor and equipment oilsands breakeven was %$40-50 a barrel.
Much like most things on SeekingAlppha you artice is written to serve your already decided conclusion, not an independant analysis.
Between that and the perma bear this site loves to publish it is a wonder you guys haven't all committed mass suicide yet.
Mother Russia's Allure [View article]
Another winner for Seeking Alpha.
A good article is completely disputed by 2 different posters and the article remains unchanged.
Ofc relying on Bllomberg and the like is fair, but come on...
If people say you are using the wrong numbers, at least acknowledge it by editting in a comment on your sources and there is dispute.
By not bothering and making people have to read the comments to see that you may be using numbers that are really off the mark you lose all credibility.
Shame really because I thought it was a good articvle until I read the comments.
This model of Seeking Alpha for contributors sucks and lacks any real journalistic merit.
A Bulletin Board or forum system is more what this site is.
I hate railing against this site because I do read it hoping to get some good insight from knowlegable people.
I even get that from time to time, but the crap I have to read to get the good stuff is unreal.
If this is what journalism of the future becomes, god help us all from the self-serving masses and their biased, or just plan poorly researched, views.
The Wisdom of Half Positions [View article]
Any thoughts?
Will Berkshire Lose Its Triple-A? [View article]
The Free Lunch Approach to Finance [View article]
I don't know if I should be disgusted by your post, or congratulate you for getting it done before the banks stopped making the loans for the most part.
Now, whether or not they do any due diligence, they are too afraid to make a decision so we are not able to follow your system of how to scam the system decade after decade.
I suppose I should be happy for you, but to tell the truth I can't keep down dinner even thinking about it.
Some of us actually pay our bills...You just move.
That's one hell of a ethic lesson you demonstrate.
Oh and I am so sorry your mortgage jumped from $700 to $3500 (Which I find hard to beleive but even so how smart is it to get into that kind of a loan? Stupidest terms I have heard of.), of course the question has to be asked...
Did you even read the documents, or are you really trying to say you have no fault in this because some salesman told you to buy.
I think I understand this more now.
The prudent and smart consumers are being shafted by the idiots (who far outnumber us) that can't manage to act like adults and have to buy every item on the commercials because the TV told them to do it.
Where We Go from Here: Best and Worst Cases [View article]
Where We Go from Here: Best and Worst Cases [View article]
Please don't try to make this political with your clearly biased views.
Bush was aa huge 'pusher' for housing for everyone as well, it is not a democratic ideal.
It is an American ideal, that was exergerated and inflated past any sane measure of responsible lending.
Bush has been going on for years about how he helped get housing for minorities, and poor people. Greenspan was famous for the ARM mortgages for everyone speeches.
Both parties mmade this mess by a consistent belief that, like the Goverment, we the American People could go in to debt and pump the economy. Someone would just borrow and refi out of it later was the motto.
Oh and although I would argue that healthcare for all is no more a right than Social Security, or Driver's licenses, it is a goood program that will improve Americans lives. We just need to regulate the costs in that more as welll. Lobbiests and Corporations have been raping us for decades and getting rich in so doing.
BTW, The 'Life' section of the 'Life, Liberty, and the persuit of Happiness' does allow for the argument that Healthcare is a extention of that ideal.
Lastly, pardon any mis-typing as the kkeyboard likes to add a letter to what I type. I need to get a new keybooard I guess...lol...Think I can get a tax credit???!!! LOL