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  • 3 Huge Reasons To Buy Ford And Dump Honda [View article]
    The analysts that wrote this article are obviously short in Honda, and long in Ford. Be very careful in buying any equity at this time. It is generally felt that the equities market is overdue for a 10-15 percent correction, which has obviously already begun.
    My suggestion would be to short the S&P for the interim until this correction abates.
    Jan 29 09:51 AM | 1 Like Like |Link to Comment
  • Berkshire Hathaway (BRK.B) is set to raise capital, filing a shelf offering to issue an as-of-yet undisclosed amount of senior unsecured debt. The company plans to undertake the issuance on February 1. The plans for the proceeds are up for speculation. [View news story]
    Can't make much of that announcement (brokerspeak). I guess what they are trying to say is that they are broke and need some money.
    Jan 29 10:03 AM | Likes Like |Link to Comment
  • Ford: Don't Pull The Trigger Until Earnings Are Released [View article]
    Ford is near a 52 week high, and since a 20-25 percent correction in the market is imminent, I would be tempted to short Ford at this price.
    Jan 27 03:47 PM | Likes Like |Link to Comment
  • Bank of America (BAC) could lose a $480M revenue stream (3% of 2011 earnings), says Matthew O'Connor, thanks to expected new rules requiring banks process debit card transactions in the order they occur rather than from largest to smallest. Several big banks have already changed, but BofA - among others - hasn't, and continues to enjoy the easy money.  [View news story]
    As long as the Federal Reserve keeps interest rates as low as they are now, banks are forced to look for any means to turn a profit. Including fees for all their services; high risk investments (soverign country derivatives); and shorting their own "under water" mortgages.
    It's pure (unregulated) capitalism at it's finest. "Let the buyer beware"
    Jul 11 01:42 PM | 1 Like Like |Link to Comment