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losbronces

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  • These 3 Retailers Won't Make It To 2020 [View article]
    By the way, Blockbuster still exists as an llc (i.e., it survived in some form) but the shareholders received nothing.

    We'll see what happens with GME, but they will have to reinvent themselves. Not so easily done whether you like the management or not.
    Sep 13, 2013. 09:57 PM | Likes Like |Link to Comment
  • These 3 Retailers Won't Make It To 2020 [View article]
    I'm thinking (GME) goes the way of Blockbuster. Changes in technology will take it out.
    Sep 13, 2013. 02:50 PM | 1 Like Like |Link to Comment
  • Indian demand for gold evaporates [View news story]
    Yes, that part was pretty crazy. After reading about all of the smuggling going on, I don't think anyone is "dumping" gold on India anymore than they are "dumping" cocaine on the USA.
    Sep 12, 2013. 05:19 PM | 3 Likes Like |Link to Comment
  • Indian demand for gold evaporates [View news story]
    India not going after gold in temples: http://bit.ly/18TWtpw. They did leave open taking that gold as a "last resort."

    So what happened to all the gold smuggling in India?
    Sep 12, 2013. 03:36 PM | Likes Like |Link to Comment
  • Dell shareholders approve LBO [View news story]
    Didn't see that; when I looked I saw 0 bid on $14 Jan 14 contracts. Like you said, its free money if you can get it. Since they already have the financing locked-up I don't see how this doesn't complete (I know, famous last words).
    Sep 12, 2013. 03:30 PM | Likes Like |Link to Comment
  • Dell shareholders approve LBO [View news story]
    It looks like the LBO is already been priced in all the way out through January (at least--I stopped looking there). Nice idea, but doesn't look like it works.

    Calls only trading at $13 and lower & as I said, they are priced for the LBO.
    Sep 12, 2013. 03:14 PM | Likes Like |Link to Comment
  • Dell shareholders approve LBO [View news story]
    I don't know about that. I still think it was smart for the shareholders to take the money and run. No growth there. Dell will be saddled with a lot of debt and a junk credit rating too.
    Sep 12, 2013. 01:53 PM | Likes Like |Link to Comment
  • Dell shareholders approve LBO [View news story]
    I haven't seen that one before. That is a lot for a site that charges $7/trade.
    Sep 12, 2013. 12:10 PM | Likes Like |Link to Comment
  • Wall Street Breakfast: Must-Know News [View article]
    Options are not always a zero sum game. If I sell a covered call, and the stock price goes past the strike, my shares are called. I make a profit and the call buyer does as well.

    If I sell a put, then the stock is below the strike, I have to acquire the shares but at a price I think is reasonable. The put buyer meanwhile was able to off-load shares that dropped more than the buyer could tolerate from a risk standpoint.

    
    Sep 12, 2013. 08:23 AM | 2 Likes Like |Link to Comment
  • Wall Street Breakfast: Must-Know News [View article]
    Then why have all my SS statements shown my retirement benefits?

    Anyway, its not something I'm counting on regardless.
    Sep 11, 2013. 12:11 PM | 1 Like Like |Link to Comment
  • Wall Street Breakfast: Must-Know News [View article]
    I think the Onion had good coverage: http://onion.com/17WiZLZ
    Sep 11, 2013. 08:59 AM | 1 Like Like |Link to Comment
  • Change coming to DJIA weighting? [View news story]
    Well, there should be some selling by the index funds; however (AA) is such a low percentage of the DJIA that I wouldn't bet on price movement as a result of that.
    Sep 11, 2013. 08:49 AM | Likes Like |Link to Comment
  • Wall Street Breakfast: Must-Know News [View article]
    No, McCain would have bombed them in 2011: http://bit.ly/189aWlb; how quickly we forget.
    Sep 10, 2013. 01:38 PM | 1 Like Like |Link to Comment
  • Change coming to DJIA weighting? [View news story]
    DJIA is an outdated concept and should be eliminated. It was developed to enable the average to be easily calculated before there were computers. So it consists of simply the average per share price of the components--no weighting for market cap. Here is the distribution of values as of yesterday: http://bit.ly/X8eDD1

    Now, look at how the selections are made. The 2nd largest US corporation by capitalization is excluded due to high share price. (CVX) at 6.2% with $235 billion market cap has more influence than (XOM) at 4.5% with $385 billion market cap, (HD) at 3.7% with $106 billion market cap same as (WMT) with $241 billion market cap and (IBM) trumps them all at 9.4% of the index with a market cap of $205 billion; ridiculous in this day and age.
    Sep 10, 2013. 11:44 AM | 3 Likes Like |Link to Comment
  • Wall Street Breakfast: Must-Know News [View article]
    The Gulf nations have offered to pay for an invasion: http://dailym.ai/15gK40a

    I did not insinuate that the KSA are bribing the US to initiate a strike (I don't see how you came to that conclusion from what I wrote). The KSA distributes funds freely to members of both parties in the US and they have done so for decades (but they do know who to go to). At a minimum, as with other political contributors, they get an audience with key members of government.
    Sep 10, 2013. 10:25 AM | Likes Like |Link to Comment
COMMENTS STATS
790 Comments
1,276 Likes