applesauce

Eight Reasons Bank of America Is Going to $20

The TARP will not allow buy backs until loan paid back


On Feb 20 08:29 AM BAC Bull wrote:

> Why can't BAC do a stock buyback ? The total market value is less
> than $20B with an EV of $274B. This would put a floor on the stock
> and let BAC execute their recovery plan. It would relieve the pressure
> from the rating agencies, govt, counterparties because of the low
> stock price. I agree that BAC is a great bank with the best talent
> if it can get pass this point. A few billion$ stock buyback would
> do it.

Barron's Takes Down Cramer, Again

Not everything on TV is to be taken litereally. As June once said to Ward, "you were a bit hard on the Beaver last night"

Two Stocks to Consider Shorting

TBT is a bet against the 20 year bond not the ten year. That will put more pressure on shorting longer term bonds when inflation blow up in a couple of years. The Fed cannot control everything although they would like you to believe that. People will pile into ten year and shorter leaving long bonds swinging in the wind.

End of the Commodity Super-Cycle

This writer shows up to dog sectors that have fallen. What doe's this dude buy? Perhaps he is just a monday morning quarterback with weak knees sitting on the bench.

Fears on Gold: Declining Supply, Increasing Demand

Did not see much gold in Mad Max, fuel and bullets were the medium of exchange.


On Feb 08 03:39 PM Lawrence Kramer wrote:

> My problem with gold as an investment is that gold is intrinsically
> worthless - there is very little demand for it to make things that
> people need. The use of gold as a store of value, however long-standing
> the practice may be, is wholly arbitrary. Anyone can decline gold
> as a medium of exhange at any time. If things really get bad, I expect
> that the currency of choice will be the bullet.

This Is Just the Beginning

All ecomomist and investors are right, the timing is what most get wrong. Ask Peters investors who are down around 50% YTD, he may be right. But it has been said that irrational markets can last longer than your liquitity can

U.S. Market: So Much Stupidity in Such Little Time

Forget Orwell, let's concider Wells and build a time machinbe with the trillions we are spending and go back to 1988 with a list of all the stupid things our government has done with our blind acceptence. When the words free or entitled to comes up run and hide.

Commercial Real Estate Bubble Is Set to Burst

90% LTV loans made with interest only done in 2005 ans 2006 are coming due and will be lucky to get 65% LTV if top notch properties. In Florida cap rates were 5% now going past 8%. Values are plummeting here and I suspect elsewhere. This is like Texas in the mid 80's except country wide.

Evidence That Big Inflation Is Coming

Credit availability and current demand destruction.


On Jan 25 07:49 AM [e-mail] wrote:

> Your comment -- "When a central bank doubles the monetary base in
> a matter of months, a lot more money is going to be flooding into
> the real economy. It will compete for finite goods, services, and
> investments, driving up prices" -- doesn't this instance send a message
> to manufacturers and service providers to rehire and crank up production
> to satisfy demand, thereby correcting the problem?? What am I missing?

6 REITs for a 'Recovery Portfolio'

I work for a private company that owns over 20,000 apartments. With layoffs
residents cannot pay rents and occupancies are decreasing causing rent concessions of one to two months free rent in Florida. Orlando is overbuilt and the rental market is soft with all the failed condos being rented out, this is called the "shadow market" because it is not tracked. Be careful renting out single houses , being a landlord can be rough and a angry tenent can destroy your property. REITS are selling assets now and are having difficulty getting financing. Three years ago you could borrow 90% of the value, now 65% is more likely. REITS will continue to suffer for some time to come. Cavaet emptor

What Will Happen to All That Money the Government's Making?

Most folks will not dive in unless they see a safe landing and a pile of debt usually doe's not break your fall.

How Will China Affect Silver Output?

The energy infrastructure should cause copper and other base metal to explode. With mines being moth balled we should see demand outstipe supply in a couple of years. Unfortunately it will take time for governments to get the ball rolling, then you will have lawsuits from enviormenalist slow thing up a bit more unless there is a green source suppling the electricity.
A sort of greenmail I suppose.

Ten Utility Stocks Offering Nice Yields and Growth

When electric cars come enmass electric utilities should do well unless obama put some sort of cap and trade tax on them. We will need massive expansion of the grid. I like FPL do to their large wind exposure and other offsets to Co2.

The Great 'Fall' of China?

They have cash and lots of people willing to build out their infrastructure. Expect mass projects in roads, rail, and energy infrtastructure spending the next five years . Currently short thru FXP but will change soon.

Jeremy Grantham: Slowly Invest in Global Equities

It is hard to invest when the Government changes the playing field every other weekend. Recently people sell on fridays afraid of what they will wake up to on the following Monday.