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PanamaBob

PanamaBob
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  • BofA to pay $160M in racial discrimination case [View news story]
    Ratnamsub right! Is no other thought so clear from who are genius to explain to ordinary mind. Thank you Ratnamsub.
    Aug 28, 2013. 09:05 AM | 1 Like Like |Link to Comment
  • Buffett Bought Sirius XM On Sale At $2.10 [View article]
    Nice, you may have written yourself into the quotable stock guru Pantheon ("As Stephen Faulkner says in his famed 'hamburger
    theory'...") If it were Buffett, of course, it would always be "As Warren Buffett says..." Your chore is to get famous enough so it's not just
    "According to the 'hamburger theory..." Good luck.
    Aug 16, 2012. 12:39 PM | Likes Like |Link to Comment
  • The SEC was already looking into Knight Capital's (KCG) risk management procedures at the time of it's now infamous trading debacle, says Fox News' Charlie Gasparino. This adds a new twist to the story, says Gasparino, because at the time, SEC officials were conducting what is known as a “sweep” to determine if the firm was in compliance with its new "Market Access" rule. If they had been, it could have prevented the trading glitch. At a minimum, it's possible that the agency might have pointed out the firm's shortcomings before the trading error occurred. [View news story]



    "Whitehawk"s" on the right track. Would a "sweep" ask "what's the chance that all hell breaks loose because some geek pushes the wrong button?" (if we can even assume that's what happened). Fox makes avoidance seem likely without information to support its "minimum-maximum" parameters.. .
    Aug 15, 2012. 09:09 PM | Likes Like |Link to Comment
  • Sprint Needs An Exit Strategy [View article]
    Speaking of "as noted," Don Hesse isn't Sprint's CEO, as noted by Subzero. You mean Dan Hesse. Don was a famous cartoonist and very funny, much like some financial blogs. #
    Aug 9, 2012. 11:51 AM | Likes Like |Link to Comment
  • EVs, Batteries and Tales From The Valley of Death [View article]
    Nice. "Guide in the valley of death" combines insight and humor with fair warning. Makes you wonder what agitates egg-throwers, doesn't it ?
    Jul 18, 2012. 11:46 AM | 4 Likes Like |Link to Comment
  • EVs, Batteries and Tales From The Valley of Death [View article]
    "As a long-term guide in the Valley of Death I've been in that position before and know how the game is played. This is not an opportune time for retail stockholders who aren't paying attention to the carrion birds circling overhead."

    Good writing. "A guide in the valley of death" is both humorous and fair warning. #
    Jul 18, 2012. 11:18 AM | 2 Likes Like |Link to Comment
  • JPMorgan Could Rebound To $40 By 2013 [View article]
    If only banishment could be ordered for every hack writer who begins with some limp version of the tired old "unless you've been living in a cave..." It's hard to accept ideas from someone who begins by proving he has none.
    May 19, 2012. 01:38 PM | Likes Like |Link to Comment
  • Jumping The Gun On Bank Of America [View article]
    Did you mean "underestimate"? Otherwise I'm having trouble understanding the lede sentences.
    Feb 1, 2012. 12:19 PM | Likes Like |Link to Comment
  • Comparative Risk: Costa Concordia, Fukushima, Europe [View article]
    Failure often starts long before failure occurs. An apt reminder with current examples. Worthwhile column. #
    Jan 22, 2012. 06:31 AM | 1 Like Like |Link to Comment
  • Coming To Grips With The Performance Of My Top 10 Picks For 2011 [View article]
    Refreshing. It's not like you're refusing the blindfold and smoking your last cigarette, 2012 is another year and those were reasonable picks.
    Jan 5, 2012. 09:01 AM | Likes Like |Link to Comment
  • Using Friday's Options Activity To Get Ready For Monday's Market [View article]
    As a writer of puts, I read anything re options, so I checked out your first two suggestions, which seemed so good as to be outlandish. And they are. As of Friday....
    Writing a TIF Sept. $57.50 put wouldn't bring a $3.50 premium as you say, but rather 55 cents.
    Writing a JCI Sept. $28 put would not bring a $1.35 premium but 65 cents.
    To get the premiums you're stating would require writing puts of $70 and $30 respectively--a huge difference in risk from what you postulated.
    Why (even a beginner should ask) would anyone in his right mind give you $3.50 to guarantee to pay them $57.50 for a stock which (on that day) was selling for $69?
    I checked to see if perhaps you were confusing put premiums with call premiums. Nope. I can't even guess where you pulled your numbers from, but your readers can check for themselves. The only saving grace is that if they offered to write what you're proposing the order simply wouldn't be filled. There is no Santa Claus. #
    Aug 27, 2011. 04:32 PM | Likes Like |Link to Comment
  • BOFI: 6 Reasons to Buy the Future Costco of Banking [View article]
    EVWARSH, thank you. your comments + low volume, absence of options and the pop just before a highly favorable assessment has me interested but an onlooker for now. BTW. your modest assessment of your writing skills leads me to suggest (since it's wrong twice) that the possessive should be "their" (belonging to them), not "there" (as in "over there.") Your good thoughts outweigh any minor nit-picking. #
    Aug 12, 2011. 11:04 AM | 1 Like Like |Link to Comment
  • At $9.85/share, Bank of America (BAC +2%) finished yesterday with a market cap of $99.8B - just 49% of its $205.6B book value, Jonathan Weil observes. "As far as the market is concerned, more than half of the company's book value is bogus, due to overstated assets, understated liabilities, or some combination of the two."  [View news story]
    I'm smiling,7footMoose. Here in Panama (Republic, not Panama City Fl.) it's generally same-same, neither hellish nor heavenish unless you love the seaside or reside in a rural mountain community. Re BAC, your comments helped keep my enthusiasm within bounds re writing Sept. $12 puts, about which I'm now cautiously optimistic but satisfied to not be over-committed. #
    Aug 1, 2011. 04:22 PM | Likes Like |Link to Comment
  • At $9.85/share, Bank of America (BAC +2%) finished yesterday with a market cap of $99.8B - just 49% of its $205.6B book value, Jonathan Weil observes. "As far as the market is concerned, more than half of the company's book value is bogus, due to overstated assets, understated liabilities, or some combination of the two."  [View news story]
    7FootMoose, thank you for taking your time to post this, I'd skimmed a number of bull comments on BAC lately and hadn't read any bears. Your "two camps" helps assess the volatility.
    Jul 25, 2011. 12:01 PM | Likes Like |Link to Comment
  • Selling Puts: Mandatory Option Trading Techniques for the Income Investor [View article]
    Didn't mean to suggest you were a newbie, I wouldn't follow you if I thought that. Meant to suggest you were confused on this and the error could steer a newbie wrong. Mostly I recommend newbies stay away from this as a regular habit because success (a) requires a lot of accurate and speedy research and (b) and by appearing so attractive can encourage greed on stocks that fall off the cliff. As you know, writing puts is not necessarily a win-lose game because your horse can come in reasonably close and you win, and/or your bet be carried over to the next race. Even by putting it in horse race terms, howvever, I think I could be doing a newbie a disservice.
    Jul 25, 2011. 11:43 AM | Likes Like |Link to Comment
COMMENTS STATS
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