WhatsTheStory!Eric

AngloGold Ashanti (AU): Q1 EPS of $0.42 misses by $0.12. Q1 production of 1.1M oz., down 13%. (PR)

Missed the 120% move. Maybe now buy on dips.

Two Must-Have Canadian Income Trusts for High Dividend Diversification

Don't need to trade them


On May 13 10:20 AM YoYoMama wrote:

> Cliff,
>
> Your readers may have a difficult time trading these Canadian trusts.
> I know I attempted to purchase ATGFF within my Zecco.com account,
> and it was flatly refused, as they would not purchase "foreign ordinaries".
>
>
> I already had a different account at Scottrade, and was told by customer
> service that I could trade these entities with them. So I switched
> accounts.
>
> However, when I attempted to purchase a different Canadian trust,
> I still was told I could not purchase the pink sheets entity. Apparently,
> Scottrade , will not trade the pink sheets entity unless there is
> sufficient volume to do so. Otherwise, they will purchase the underlying
> Toronto entity and symbol. Given that I know little about the Toronto
> exchange and how this will affect my portfolio, I did not pull the
> trigger until I had more information.
>
> What are the differences between owning the pink sheets symbol vs.
> the Canadian entity it represents? Any advice on dealing with my
> brokerage house on this issue? And are others having the same issues
> I am?
>
> I very much am on board with your plan. But I am wondering if your
> plan is truly implementable by your U.S. readers. I personally am
> encountering a great deal of difficulty, as the volume of the pink
> sheets entities are an issue, and I'm wondering if you can address
> this concern. I frankly am a little discouraged, as the whole reason
> I switched accounts was in an attempt to follow your plan.
>
> Thanks.

Doug Kass comes to the defense of Cramer: "Individual investors are better served listening to Jim Cramer, both with regard to his recommendations and his methodology, than any other business commentator extant." (previously)

Which implies just turn off the tv.

Greenlight Capital founder David Einhorn finally listens to grandpa and and buys gold: "To everyone’s dismay, we believe some of Grandpa Ben’s predictions are playing out. The size of the Fed’s balance sheet is exploding, and the currency is being debased."

Time to short gold.

Jim Goldman takes a look at Apple's (AAPL) new patent - and concludes there might be reason for some sweaty palms at Palm (PALM).

When they have a patent on how to get out of this recession then I might reconsider my short position. Otherwise anything said about Apple is a great day to short it.

"We will not do anything to put our long-term fiscal strength at risk," U.K. PM Brown tells the press. He says the idea of creating a global "college of supervisors" so international governments can track the world's biggest banks in an effort to mitigate risk is gaining traction.

so it will be like the United Banks modeled after that winning formula United Nations?

Gold Will Shine in 2009 (Part II)

not really traded. more buy and hold


On Jan 24 05:21 PM YellowHoard wrote:

> Anyone have any experience trading Rhodium? I've looked at it on
> Kitco's site and it looks pretty attractive at these levels. However,
> the spreads are really wide between buy/sell.

Breakingviews: Microsoft (MSFT) and Google (GOOG) are essentially one-trick ponies that have used prodigious cash flows to pursue a host of side projects in attempts to diversify. Neither has had much success.

Especially the lousy Microsoft advertisements!

Sufficient Risk That Cameco's Earnings Will Disappoint - Blackmont

This article may tell the truth but it doesn't mean one SHOULDN'T own the company. Think long term. And look at their 20 year performance from when uranium was $5 a pound. They know how to weather the storm.

Dow laggards: [[JPM]] -5.38%, [[HPQ]]-1.57%, [[JNJ]]0.52%, [[BAC]] +0.60%.

It figures. The pull the rug out of you routine.

Sector ETF strength: none. Sector ETF weakness: Commercial Banks– KBE -5.7%. Financials– XLF -4.3%. Regional Banks– RKH -4.1%. Heating Oil– UHN -3.7%. Oil– USO -3.7%.

Unless the market is the Titantic, it will all blow over.

New Nuclear Plants Not Viable Without Government Support

Once again the article,like countless others, fails to mention that unlike other energy alternatives, this one creates greater and more intelligent work force. If we are going FDR style into massive work programs, why not into something that makes a person a little smarter then when he began?

NY Fed says 'settlement fails' on U.S. Treasurys have become a chronic problem, impairing secondary market liquidity. To which TMPG, a group of market participants, suggests a penalty levied against failing sellers. Here's the full recommendation (.pdf).

That doesn't sound good. SHORTSHORTSHORTreasuri...

Steve Jobs Explains His Weight Loss as 'Hormone Imbalance'

With hormone imbalances you get man boobs. Jobs is an uber man and unfortunately as with the options backdating, his departure would be detrimental to the health of Apple.

Apple (AAPL +4.8%) investors have every right to be outraged now that it's clear Jobs' exit from MacWorld was due to his health, Blodget says. On the other hand, it's a relief that the board finally seems to understand how serious the issue is to shareholders - and that his illness isn't all that serious.

2006-2007 the stock kept selling off rallying because of the option back dating scandal and the board found nothing wrong. Now 2008-2009 the stock keeps hemming and hawing due to the board's confusion over Jobs health. Its one thing to hide a blatant lie and another one's health. This stock is a long term short.