Seeking Alpha

OptionManiac

OptionManiac
Send Message
View as an RSS Feed
View OptionManiac's Comments BY TICKER:
Latest comments  |  Highest rated
  • Although financial reform legislation attempted to protect consumers from overdraft fees, most customers are choosing to be punished - most of all, those who have been slammed the most. Rather than face the embarrassment of being declined a purchase, 75% of consumers are opting to pay the fee whenever they overdraw on their debit card account.  [View news story]
    And that is why we have bubbles.
    Nov 26 01:03 PM | Likes Like |Link to Comment
  • Wall Street’s moneyed elite are now feeling more confident, conspicuously opening their wallets for fancy parties, cosmetic surgery and Hamptons rentals. Meanwhile, in the rest of America, unemployment nears 10%, millions of homeowners can't pay their mortgages... and small businesses are canceling Christmas.  [View news story]
    Don't get me started - I live in Cincinnati where tax dollars subsidize a losing football team.
    Nov 26 09:01 AM | Likes Like |Link to Comment
  • Wall Street’s moneyed elite are now feeling more confident, conspicuously opening their wallets for fancy parties, cosmetic surgery and Hamptons rentals. Meanwhile, in the rest of America, unemployment nears 10%, millions of homeowners can't pay their mortgages... and small businesses are canceling Christmas.  [View news story]
    "This is about ethics and morality"

    Exactly.
    Nov 26 08:35 AM | Likes Like |Link to Comment
  • Expect office real estate to lag any broader recovery, UC Berkeley professor and hedge-fund manager Kenneth Rosen says. Firms have large reserves of "shadow space" to fill before re-entering the market; the sweet spot will be found in apartment REITs, particularly senior housing, given demographic trends and record foreclosures.  [View news story]
    The recovery in general is geographically spotty, and office space will shadow. Any thoughts on office space moving from bricks and mortar to worker's own habitat? I know this has been going on for years, but is there an up-tick in this trend?
    Nov 23 01:46 PM | Likes Like |Link to Comment
  • Heinz (HNZ) explained its FQ2 sales slowdown by saying consumers are 'in a funk,' but Barron's thinks the stock is looking tasty. With its strong brand, rising sales in emerging markets, and an attractive 3.8% dividend yield, Heinz offers both value and growth opportunities.  [View news story]
    That would be awful tasting soup.
    Nov 21 11:46 AM | Likes Like |Link to Comment
  • Will We Have a Merry Christmas? [View article]
    I am in the Cincinnati area. Had lunch at an upscale restaurant the other day, someone walked in to make a reservation for that evening, only 5PM and 9PM had open slots. People eat out a lot here anyway, so restaurants are generally crowded. Made the mistake of walking into the purse/shoe department when entering the mall, crowded and insane. Yes, apple stores are always packed, probably by husbands/boyfriends who would rather play then shop. Lowes and Home Depot seem not as busy. Our business is seasonal, and we can't keep up with orders this year. Plenty of over-time.
    Nov 19 09:03 AM | Likes Like |Link to Comment
  • Burton Malkiel - efficient-markets proponent and author of the classic A Random Walk Down Wall Street - sticks up for buy-and-hold investing, even considering stocks' zero-percent decade. You can't time the market, he says, but the key is still in rebalancing and dollar-cost averaging.  [View news story]
    Dollar-cost averaging doesn't work after you are retired and live off your savings instead of adding to them. The real trick in investing is getting through the few years leading up to retirement and after. Investing in your twenties through early fifties should be a breeze, as long as you are diligent and well diversified. Your buddy wasn't very diversified relying on a single stock.
    Nov 18 02:14 PM | Likes Like |Link to Comment
  • Few could have anticipated that Ben Bernanke would (apparently) reverse an economy rapidly spiralling out of control, and still get so little credit.  [View news story]
    I get so many credit card offers it's not funny.
    Nov 14 11:50 AM | Likes Like |Link to Comment
  • Sept. Wholesale Trade (.pdf): Inventories +1.5% vs. consensus +0.6%, +1.2% (revised from +0.8%) in Aug. Sales +0.4% vs. +0.5% prior. Inventory-to-sales ratio 1.18 vs. 1.17 prior.  [View news story]
    Hmm...smart to pump up inventory this time of the year. Let's look at things mid-Jan..
    Nov 9 11:05 AM | Likes Like |Link to Comment
  • Doug Kass, skeptical about the prospects of QE2 success, thinks the market has topped. "To me, there's an artificiality of the program," Kass tells CNBC. "We had 'Cash for Clunkers.' Now we have 'Cash for Stock Market Gains.'"  [View news story]
    Why do you get a thumbs down for stating the obvious?
    Nov 8 07:52 PM | Likes Like |Link to Comment
  • Hot emerging markets get hotter, as the MSCI Emerging Markets Index heads for its biggest weekly advance in a year and Citigroup's Geoffrey Dennis predicts another 30% on the upside. “The weak, but not recessionary, macro situation in developed countries is a super-Goldilocks environment,” Dennis writes, echoing bullish sentiment from Mark Mobius, Barton Biggs and others.  [View news story]
    I hate it when something is described as hot. The bucket of water is just around the corner.
    Nov 5 10:59 AM | Likes Like |Link to Comment
  • Oct. nonfarm payrolls: +151K vs. +60K expected, -95K in Sept. Unemployment 9.6% vs. 9.6% expected, 9.6% prior.  [View news story]
    Don't laugh. Everyone will want to take credit for something nobody has control over.
    Nov 5 10:38 AM | Likes Like |Link to Comment
  • Election Results: Big Win for GOP, Potential Loss for the Economy [View article]
    Yes, you are right, neither had any long term chronic condition. My mom-in-law just died at 90, but in hospice, not hooked up to a multitude of expensive tubes. But that said, they both came from a generation that was covered to their deaths by the company health insurance, almost 30 years of "free" health-care. My mom and dad have the same.
    Nov 4 11:43 AM | Likes Like |Link to Comment
  • Distributable Cash Flow for Enterprise Products [View article]
    Yeah, I bought some earlier this summer, didn't buy enough, but hindsight is 20/20. Too scared to buy much of anything.
    Nov 4 11:34 AM | Likes Like |Link to Comment
  • Distributable Cash Flow for Enterprise Products [View article]
    Good monster or bad monster?
    Nov 4 11:09 AM | Likes Like |Link to Comment
COMMENTS STATS
3,304 Comments
3,565 Likes