Ernesto Gomez III

Short ETFs Jump, Confirming the Coming Market Correction

Head fake correction.

Crystal River’s Q2 Write-Downs Could Bankrupt the Company

CRZ


On Sep 01 02:17 AM Ernesto Gomez III wrote:

> And I bought several thousand shares under .55 each in Nov-Dec 2008,
> then sold them in August 2009 in the $2 range.
>
> I made over $12,000 in 8 months by being long RZ (Now CYRV) from
> the bottom to the crest for the rebound.
>
> Mr. Weston, perhaps you made as much being short?

Crystal River’s Q2 Write-Downs Could Bankrupt the Company

And I bought several thousand shares under .55 each in Nov-Dec 2008, then sold them in August 2009 in the $2 range.

I made over $12,000 in 8 months by being long RZ (Now CYRV) from the bottom to the crest for the rebound.

Mr. Weston, perhaps you made as much being short?


On 2008 Dec 01 09:54 PM Greg Weston wrote:

> CRZ announced today they will be delisted.
>
> I made my short call at 3.50, and the stock is now around 50 cents,
> down 85% in less than 5 months.

Due for a Correction? Market Is Already Priced for Grim Future

If health care is 18% of the GDP and we cust health care spending by 10%, we are cutting the GDP by 1.6%. Is that what we want?

Ok, let's spend that 1.6% on anti-global warming schemes or renewable energy...?

No thanks, I'd rather spend $$ on my health than your kids future.

Why the Transaction Tax Isn't Such a Terrible Idea

You foolish, foolish man.

A Transaction Tax on stock trades is asinine and totally unethical.

If you don't want to trade, the DON'T - but leave me and my transactions alone.

There is ZERO rational justification for this.

Only imbeciles who care nothing about the stock market think it's a good idea.

When will the CONTROL FREAKS of the world ever cut the crap and stop trying to interfere in the lives of others?

PS: All trading by non-USA entities and people will move/stay overseas and the USA markets will collapse if you do this. So ff you want to cut-the throat of the USA stock market, just keep on pushing your stupid ideas.

PPS: If this were to become law, EFTs that actively trade sectors will sprout up overseas, they'll do all their trading overseas and it will only take ONE TRADE to buy into them from USA.

Your stupid tax will do nothing but slow USA trading - while the real power and wealth will move elsewhere.

YOU ARE CRAZY (and stupid!).

Cash for Clunkers Is Taxable Income

Karl - you are 100% TOTALLY WRONG. The Clunkers money IS NOT TAXABLE INCOME to the buyer. Next time, READ THE LAW:

www.cars.gov/files/off...

"Exclusion of Vouchers From Income
(1)
FOR PURPOSES OF ALL FEDERAL AND STATE PROGRAMS- A voucher issued under this program or any payment made for such a voucher pursuant to subsection (a)(3) shall not be regarded as income and shall not be regarded as a resource for the month of receipt of the voucher and the following 12 months, for purposes of determining the eligibility of the recipient of the voucher (or the recipient's spouse or other family or household members) for benefits or assistance, or the amount or extent of benefits or assistance, under any Federal or State program.
(2)
FOR PURPOSES OF TAXATION- A voucher issued under the program or any payment made for such a voucher pursuant to subsection (a)(3) shall not be considered as gross income of the purchaser of a vehicle for purposes of the Internal Revenue Code of 1986."

Are Financial Stocks Preparing for 'The Fall'?

That "security scan" is MALWARE. It's been popping up on SA web pages lately via infected banner ads or some other scheme. It happens when you look at your own comments. SA's got some problems they don't even seem to be aware of with this. You need to look into this more carefully. Chances are you accepted it as a download and are now infected. Go get "Malwarebytes" anti-malware to scan your ystem. Google it.


On Aug 19 06:21 PM Marc Courtenay wrote:

> Welcome aboard. When I pulled up my own article from the Yahoo! Finance
> page for Citigroup I also got a sudden "pop-up ad" that my blocker
> blocked and it triggered a scan by my security software. I don't
> know how these desperate scoundrels attach some nuisances but it
> happens. It sounds like you are being cautious about your investments
> and approach to stocks. This is very wise. I'll be watching C with
> you to see how the exchange specialists, the Market-Makers, and the
> other "Big Players" you mentioned manipulate C and in which direction.
> Please let me know if you learn anything significant about what is
> currently is going on with C, but the most important piece of evidence
> we can be looking for is big blocks of volume at strategic times
> during the day, at least in my opinion.

6 High Yield Dividend Stocks You'll Wish You'd Bought

Your investing goals are not "defined" by movements in the market?

WTF does that mean?

There is only ONE "investment goal" worth having: Maximum Capital Appreciation.

And only one path worth following to get there: Minimum Risk.

The trick is how to do it.

Anyone who is going to simply keep buying regardless of market direction or trend, ought to at the very least, adopt a plant of picking only solid companies and selling slightly in-the-money short-duration puts as a means of entry.

If you are wrong, and the share price drops, you save a few $$ off the net prices you would have otherwise paid.

If you are right, and the share price climbs, you keep the put $$ for free and gain free cash flow - which is what dividend investors seek.

The Collateral Damage from Cash for Clunkers

The anti-Clunkers crowd is a bunch of silly wankers.

I did the Clunkers deal, dumping a cruddy old 1995 Astro van (worth $1,000 or thereabouts) and netted out a new 2010 Corolla for $12,200.

Anyone who's mad about that is spouting sour grapes.

Adding to My Financial Shorts

How's that FAZ working out for you?

New Bull Market Has Started - Did You Miss It? Me Too.

Dr. O - since you are so excited about jumping in wth both feet, why don't you put 100% of your $$ into FAS, TNA and TBT. After all, the market is in a Bull Run and all is well, right?

Looking Beyond This Fake Recovery

Regarding the Tax & Spend fools in Washington DC - they really do think that spreading lots of newly printed money around makes a "recovery". So, starting from that premise, we do indeed have a "recovery" underway.

The Absurdities of 'Buy American'

"Buy USA" is empty solganeering.

The Broken Window Fallacy: More on 'Cash for Clunkers'

My 1995 mini-van had tons of problems, cost much $$ in constant repairs and got poor mileage. My new 2010 Corolla has none of those problems and I got $4,500 for my junky van because of Clunkers.

It's a good deal for me and I pay enough in taxes already - so I am more than happy to get some $$ back this way as I needed a replacment car anyway, but would have bought used again except for Clunkers.

Cash for Clunkers: Critical Stimulus or Boondoggle?

My Clunker (traded-in last week) was a 1995 Chevy Astro van with 130,000 miles which averaged $100 a month in repairs in the last 4 years and got 18MPG (when new - less in recent years). By doing a clunker deal, I dumped this old-tired ride and got a new Corolla for $12,200 net. Now I have ZERO repair costs and get 30+MPG. My loan is for $10,000 @ 3.9%, 60 months. Between the savings on repairs and gas, this new ride is almost free to me.

Before the Clunkers deal, I was satisified to drive my Astro van because I am a true-blue cheapskate and even with the repairs, it was my lowest cost option for a ride.

What the complainers don't see (because they simply theorize rather than visit car dealerships) is that this program is inducing thousands of major cheapskates like me to buy new when they otherwise would not have.

My 72 year old mother followed my lead and I brought her in this week to Clunkerize her 1998 Dodge Caravan (worn/tired - market value about $1,800). She too bought a Corolla for about $12,200 (slightly different equipment). Because she caught the new Toyota monthly offer, she got 0% finance for 60 months and financed the entire car (less $500 down). I bargained them down to $1,100 for a genuine Toyota 96-month 100,000 mile bumper-to-bumper extended warranty which we added to the loan. She pays ZERO interest and has ZERO repair risk (wear items excluded) for EIGHT YEARS. Cost? $230 a month. For a practicing attorney who is also a cheapskate and NEVER bought a new car before in her life, my mum is now much better off and will likely never need another car - ever.

And finally, if my 26 year (college grad) son's 1995 Oldsmobile had a 3.4 engine instead of a 3.1, we'd be Clunkering him too. We'll watch to see if the requirements are loosened so we can get him in too.

My family is EXTREMELY cheap and before this, there were no new cars in our family - we always economized with used.

This program was a good enough inducement to shake some of our money loose and that's a major accomplishment because I hold onto every nickel until it screams.

If you want cheapskates like me to open our wallets and spend $$ to help economy move forward, this program does that.