multi007

Shipping: Three High Risk, High Reward Options

Regarding the "I don't recomend it for anyone" discussion above, as an English teacher, I think you really should have said "I don't recommend it for everyone."

Also, under the article, it lists clearly the positions the writer has as "Long" - there should be no confusion as to what kind of position was taken - "long" means long... holding it for a long period of time. Let's please not reprimand the writer if the reader does not know comon terminology.

BofA and Stating the Obvious About Bank Profits

Merill Lynch is saving BAC right now. Looks like Ken Lewis will be a saint by the time this all blows over. Even with the shareholder lawsuits, shareholders should know that without Ken Lewis's actions, their shares would have been zero. Like Bearsterns etc..

Notable Market Action: October 13, 2009

the ratings agencies are a joke and non-issues. why does sa continue to promote these ratings changes.

TIM Report: Brokers More Bullish

I would love to see an atricle/analysis of the TIM -vs- how it reflected the past history of the market performance. Lets see if this TIM data can be reliable.

Why Is It Time to Short BofA?

Our country (USA) wont stand for your tax proposals. There is zero chance of this happening by November 2010 - if it is to happen, it must happen before Nov 2010. That is when the tied will turn and Democrats will loose their majority. If is does, the Repubs. will reverse anything the Dems did. This is why the Dems are trying to fast track health care reform. They KNOW they wont have the votes come next year, after many of them are fired.

Its the same thing with the Repubs. They didnt listen to the people and did what no one in the country wanted, and they got fired last year. So far, the Dems are on track to repeat this.
On Oct 02 07:22 AM apppro wrote:

> When an entire market sells off because some option traders are manipulating
> the U.S. dollar in order to manipulate stocks and commodities ALL
> just for short term gains, well we ALL need to step back and self-reflect
> on what we are doing.
> Just watch CNBS for a few minutes and if all those pundits don’t
> make you sick, then I’m not sure what will. Even if you don’t watch
> it, you get deluged with press releases claiming that egocentric
> media pigs are declaring another Armageddon and do it all while they
> laugh in your face. What is wrong with all of us? We waterboarded
> our financial institutions into oblivion and now we are destroying
> what little is left of our own psyche. Yesterday’s economic news
> was not all that bad. Some was actually good, but only because it
> wasn’t ‘greater’ then what some people had hypothesized the markets
> sold off 200+ points. This is wrong and must end.
>
> Revised Tax Rules:
> 1. Capital gains under <6 months - 55% tax on capital gains
> 2. Capital gains 6 > 12 months - 45% tax on capital gains
> 3. Capital gains 1 > 2 years - 35% tax on capital gains
> 4. Capital gains 2 > 5 years - 18% tax on capital gains
> 5. Capital gains 5+ years - 5% tax on capital gains
> 6. Most critical of all — Institute a capital gains tax of 55% on
> ALL short sales not directly tied to a long buy by a licensed hedge
> fund. I'm tired of paying for the pure shorts 3rd vacation home.

CIT's Failure Could Threaten Financial Sector's Overall Recovery

I got in at 1.10 and out at 1.56, i wish i had the guts to do it again but sadly i cant. what i got i consider lucky, but i cant press my luck again. no extra cash to risk.

Cramer's Mad Money - Cramer's Day of Atonement (9/28/09)

Crammer has a good show and you DO learn alot from it. However, you really need to take his investment advice with caution. If you "track Crammer" at the Fool site, you will see that he is about 50/50.

Retail Firms at Risk for Bankruptcy

Audit Integrity? Never heard of them. Should I know who they are?

Bank of America's Gain, Taxpayers' Loss, Part 2

artmcq,

YOU HIT THE NAIL ON THE HEAD! good job.

(shouting intentional),

Multi007


On Sep 28 02:34 PM artmcq wrote:

> What you fail to consider is that the government did not give the
> guarantee out of the goodness of its heart. It did so because it
> forced Bank of America to go through with the deal when it might
> have been able to back out. Had Bank of America backed out Merrill
> would have followed Bear down the gopher hole and our economy would
> have seen a much greater disaster than we have seen. Rather than
> being charged a fee, Bank of America should be receiving thanks for
> helping Merrill hang on until the economy could start to heal. Check
> the Congressional hearings and see how the government regulators
> weasealed out of answering specific questions on their involvement.
>
> Remember that there are two sides to every story.
> A. F. Mc Quillan

Should You Invest in Banking Stocks?

I own BAC and C. Sure they both COULD drop to level you mention, but they are far from going to zero. In this day and age, if its not going to average, its only a matter of time before the economy improves - thus the stock will follow.

Have to Like the Risk / Reward in Antigenics Stock

I think Drug Recruiter is missing one important fact: all bio companies do poorly in test results until they dont. Once they do, the stock soars. The idea with AGEN is to buy, hold, wait and see. Dont buy more than 10% of your portfolio, but buy enough to take a chance on it.

Stay Away from AIG - Barron's

Im curious? What would AIG's valuation be if it suddenly paid back all of the TARP?

Also, has anyone looked at another unknown financial FFED ? First Fed has been on the ropes for 12 months trading at 44 cents? Any thoughts on them?

Four Reasons We're Headed Even Higher

You are correct in stating that restaurants are doing poorly, but then again, they were doing poorly before the recession hit. This even just happens to be proverbial last straw to many businesses. Restaurants are not a business to own - at all. There are far too many of them. In my area, there are 8 Italian restaurants all competing with each other, all leaving door hangers for me to visit or order. That's just too many. The retail sector has the same problem. Too many stores. I think the consumer is just afraid - pure and simple. Afraid they will lose their job. So instead of spending like they normally do, they are building that emergency fund because so many tv personalities and morning show experts say "You should have 8 months emergency fund for this reason !" People listen to that - which is why the national savings rate has increased. This wont last for long though. Once people realize they are the ones who wont be loosing their jobs, Americans will jump right back into doing what we do best - charge and spend.


On Aug 28 09:08 AM JAMES CARLINI wrote:

> Come on. Stop listening to the CNBC cheerleaders. All you have to
> do is walk out of the house or office and look at how businesses
> are really doing.
>
> Restaurants and small businesses are down 40%-65%. The consumer is
> NOT going to spend us out of this recession.
>
> AND it's not unemployment that you should be worried about, it's
> the growing number of underemployment. People who used to make $80K
> - $130K are now making $35K-$50K. They don't get counted in unemployment
> statistics but their buying power has sure eroded.
>
> Listening to some of these "market experts" is like listening to
> Vince the Sham-Wow guy. Why don't you add him to your list?
> "Hey cameraman, zoom in for a close-up on this."

What's Citigroup Really Worth?

I Agree - we should not sell. We should hold out. After all, the fed can afford to lose it all anyway. This way, if they let it ride, there will be a BIG gain back to the government. As a long term investor, Im not selling until it hits the $40s


On Aug 28 08:28 AM Augustbroker wrote:

> Speak for yourself! Why should you think ALL Americans wish to "cash
> in" their C investment at $5.05 when in 12 months time, it could
> be at $12 or $14 or higher! (True it could be lower....but who knows.)
>
> You say "I think they would ALL vote (every American) to do a secondary
> offering". ...to cash in on the recent rise in C stock. "All vote!"
> When did 100% of all Americans agree on anything? In presidential
> elections, 55% is considered a landslide! Personally, I think you
> think too highly of your own opinion...and for some reason feel compelled
> to speak for 300+ million others!

What's Citigroup Really Worth?

I do agree with him though - C can easily jump to $12. You dont need earnings to support it. Take HIG for example. They GUIDED down a few months ago to a nickle. A nickle. Their recent earnings release has them stating a potential $3 a share earnings by the end of the year in future guidance. So to go from a nickel a share earnings to $3 a share all within 6-8 months has caused HIG to go from, peak to trough, $10 /share to a close today 8/28/09 of $24.16 all within 60 days. All you need is one earnings release or increase guidance on these financials and you will see a 100%pop - easily. Granted, HIG is no C. However the price action is / can be / and will be, the same.


On Aug 28 08:37 AM Confuse-ous wrote:

> What about C's business model or prospects leads you to believe it
> is worth 2x or 3x what it is now?