aaavoid

Cause for Concern: No Change from the Fed

As US keeps printing money, so are the euros. As USD devalues so are other major currencies. There's nothing wrong with low value of dollar, it just means US will stop spending less on foreign goods. The trend is your friend, don't fight the Fed as they always say. The dollar flood will bring asset prices like it or not.

RIM's Crisis Could Be an Opportunity, Again

As long as the smartphone market keep growing, there's still many many smartphones for rimm to sell. Consumers' tastes varies, some like touch screen, some still wants keyboard, some like black, some likes white. I had iphone before, but sold it within 2 weeks, i simply prefer keyboard to touch screen, its that simple. My old man had a hard time trying to operate an iphone.

Buy the dip.

E*Trade: A Solid, Deep Value Stock

If it is indeed a deep value stock, I would expect Buffet to be lining up a bid for ETFC sooner rather than later. Didn't Buffet invest in GS? And didn't GS upgraded ETFC to 2.30? Coincidence? For all we know, we might have beaten Buffet in hunting value stocks...

10 Most Important Earnings Reports For This Upcoming Week

isnt C reporting on 15th oct?

Market Sentiment Worse than Stock Performance?

Until we see SA posters all turn positive on the market, the only way is up. With all the dooms and glooms still preaching "the worst is yet to come" scenario, I believe the market will still be on the uptrend. Minor pullbacks will happen, but trend is still up. Until interest rates go up, stock market will have to keep going up against the plummetting dollar.

Is the Jobs Data a Concern?

Anyone expecting a re-test of March lows would be very unrealistic. With so much liquidity in the market and interest rate nearing 0%, it just wouldn't be possible. Unless of coz if the likes of Citi and BAC suddenly do a Lehman which will not happen.

The Next Major Crisis Brewing

Still too much money on the sidelines, the only way is up.

Is There Room for All Smartphone Makers?

i have both blackberry and iphone, it is still easier to type on physical keyboard. many of my friends including me have since stopped using the iphone. it's just pretty, but typing on a screen is just not my style...

Citigroup Makes a Good Move: Preparing to Buy Out Uncle Sam

So Citi issues new shares for new public shareholders to buy($5 billion of them) and use the $5 billion proceeds to buy back government's shares in Citi. How does that benefit the shareholders? I still can't see it? good move? How so?

"Taxpayers should be eager lock in some of their paper profits on the Citigroup stake."
Many people including John Paulson believes Citi is a $6-7 stock based on book value, if that is correct, why not wait another year or 2? From current share price of 4.12 to 6 or 7 dollar would mean taxpayers make additional 50-75% profit. Why not just hold the stocks? How do you know taxpayers are eager to lock the profits? They are screwed anyway, might as well hold out for additioanal 50-75% profits.

Four Reasons We're Headed Even Higher

I’m using the Dow 9,034 level that we began the year at.

To compare where DOW starts 2009 vs where we are now is plain ridiculous. Housing is still a big mess and unemployment is all time high and still shedding jobs(however "not as bad as imagined" it is). Look at earnings, all beating low-balled estimates, but most companies missing top line sales.

Today May Be Markets' Turning Point

I think shorting C could be the big mistake you are making. Buy volume has been extremely high and the stock never looked back when it opened gap up the past few trading sessions.

ETrade: Not for the Faint Hearted

What now? Griffin is backing off and wants to sell his ETFC stake. Time to sell? The excuse is diversification, then again, thats the same old excuse.

2009 Is Looking an Awful Lot Like 2008

It's all about market psychology. If the government can manufacture such a phenomenal rally since march low, why don't you think they can control the damage this time by controlling the media? Unless something major gives like big drop in housing prices, or major spike is oil price or sudden big movement in the dollar, I really doubt we going to drop that much down. Remember, any bad news can but put forth by the media in any way they wish to make it look not so damaging. It's all about positive spin.

Citigroup: Priced to Succeed

Still doesn't make sense. How does passing up trillion dollars of toxic assets to the government/taxpayer solve the problem? What does the government/taxpayer do with the toxic asset? That would be as easy as cutting off a big cancer lump and still being able to survive. I haven't seen such miracle. You can only sell/spin off an asset if someone sees a value in it and is willing to buy it.

Citigroup: Priced to Succeed

So you are saying spin off citi holdings to government? Which means taxpayers get to keep toxic assets which the irresponsible bankers created out of convenience? So now your scenario is such Citi holdings is off the books, but at what price? You make spinning off sounds so easy it's almost lame. Worst post on seekingalpha to date.

"Add two and two together, and Citicorp may become a private institution simply by spinning off Citi Holdings to the government - so conveniently packaged as an RTC-style institution - for, gee, its 34% stake in C. C wins, the government wins, and everyone's happy - and Parsons' star rises even higher."