Seeking Alpha


Send Message
View as an RSS Feed
View sethmcs' Comments BY TICKER:

Latest comments  |  Highest rated
  • Cliffs Natural posts bigger than expected Q2 loss but sees H2 improvement [View news story]
    Jul 29, 2015. 01:03 PM | Likes Like |Link to Comment
  • Cliffs Natural Resources misses by $0.17, misses on revenue [View news story]
    For the second quarter of 2015, Cliffs recorded net income attributable to Cliffs' common shareholders of $60 million, or $0.39 of earnings per diluted share, compared to a net loss attributable to Cliffs' common shareholders of $2 million, or $0.02 per diluted share recorded in the second quarter of 2014.

    how is that $-.28. ???
    Jul 29, 2015. 08:31 AM | 2 Likes Like |Link to Comment
  • Buffett wins again; Street gives no credit [View news story]
    Analysts are too lazy or shallow to understand a conglomerate.
    Jul 25, 2015. 08:43 AM | 20 Likes Like |Link to Comment
  • Germany Never Intended For Greece To Stay In The Euro [View article]
    In 2010 booting Greece out of the Euro would have caused mayhem. 2015? Not so much. Why? The ECB can print as much money as needed to calm the bond markets in the other countries and most of the Greek debt has been transferred to the central bank and governments. Bottom line now is a good time to boot Greece out of the EU. If this was a plot by Germany then one must concede that the Greek government did everything they could to carry out the plot.

    Jul 13, 2015. 02:05 AM | 4 Likes Like |Link to Comment
  • Futures slip as Germany puts it to Greece [View news story]
    The same reason Bank of America is made to be the evil one making mortgages to those who could not afford to pay.....
    Jul 13, 2015. 01:45 AM | Likes Like |Link to Comment
  • Greek parliament votes to endorse reform proposal [View news story]
    Well things are much worse now. Especially the banking system. Instead of a few billion to pay off the ECB and IMF Greece is going to need 50 billion plus to recapitalize the banking system and steady the economy. So either Greece gets a bigger deal or gets the boot....
    Jul 11, 2015. 12:58 AM | 1 Like Like |Link to Comment
  • Evaluating The Risk From The Chinese Stock Bubble [View article]
    The problem, as I see it, is Chinese lenders of all sorts are getting uncomfortable with the collateral they have and are calling loans. I don't care if the collateral is copper, stocks or real estate. The negative feedback loop is as more loans are called the more the collateral falls in value. The repayment of debt sucks up all liquidity and panic ensues as someone has to bear these losses. But whom? The answer to that question determines the amount of systemic risk.
    Jul 10, 2015. 02:13 AM | 9 Likes Like |Link to Comment
  • Long The S&P 500 But Feeling A Little Uneasy? PUTX May Be Your Answer [View article]
    Anyone with a margin account and options can write a put.
    Jul 9, 2015. 04:51 PM | 1 Like Like |Link to Comment
  • Long The S&P 500 But Feeling A Little Uneasy? PUTX May Be Your Answer [View article]
    Who needs a fund to sell cash covered puts? I do that all the time to enter positions and covered calls to exit. Selling options is most profitable when the market is in panic mode. Timing is extremely important. I doubt a mechanical fund could do a better job than I could. Further cash secured means cash not treasuries which have their own risks.
    Jul 8, 2015. 12:57 AM | 1 Like Like |Link to Comment
  • It Is Not Priced-In, Stupid! [View article]
    Still fighting the fed, ECB, PBOC, BOJ? Let us know how that works out.
    Jul 6, 2015. 04:14 PM | 3 Likes Like |Link to Comment
  • Asia closes down after Greek vote; China bounces back [View news story]
    What is greater? Market forces or the Chinese government? In the very short term the government will always be victorious. However, in the long run market forces will always prevail. Why? Its too damn expensive to fight the market.
    Jul 6, 2015. 03:42 AM | 6 Likes Like |Link to Comment
  • A New Deal For Greece [View article]
    Two weeks without a functioning banking system and the Greek government will fall. They might be partying today but they will be rioting tomorrow. I expect a coup. The CIA might even be arranging one now. All the EU has to do is stall and the whole country will fall apart.
    Jul 6, 2015. 03:27 AM | 4 Likes Like |Link to Comment
  • Why I Bought Greek Stocks Today [View article]
    OXI! Ouch!
    Jul 5, 2015. 04:08 PM | Likes Like |Link to Comment
  • Greece Referendum: No - 61.1%. Yes - 38.9% [View news story]
    Ok. Its time to tighten the screws. Once the military does not get paid and there are riots in the streets expect a coup.
    Jul 5, 2015. 03:59 PM | 4 Likes Like |Link to Comment
  • Is The Greek Referendum Just Yanis Vs. Jeroen? [View article]
    I disagree with the prediction. Methinks ECB cannot continue funding and the banks and the government collapse regardless of the vote. Whether by design or not the ECB will have no creditability whatsoever unless there is a dramatic political move to bless continuing funding. That cannot happen by Monday.
    Jul 4, 2015. 12:59 PM | 3 Likes Like |Link to Comment