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Dampflok

Dampflok
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  • Herbalife adds another lobbyist to its government relations team [View news story]
    Badly needed.
    Jun 29, 2015. 11:12 AM | 5 Likes Like |Link to Comment
  • New Herbalife-bashing video surfaces [View news story]
    Ever considered to go into politics? You could put a spin on everything.
    Intellectual people easily misunderstand?
    The first impression of the new CEO was wrong?
    The social advantages of direct sales versus retail?
    Jun 26, 2015. 11:06 AM | 4 Likes Like |Link to Comment
  • Bank Stock Prices And Higher Interest Rates: Lessons From History [View article]
    Seekingbetaguy, with reference to what I responded to Marek, I agree with you. Mismatching maturities is less risky in a falling interest environment. This was actually the prevailing scenario since the middle 80ties for a whole generation of fixed income traders. At the same time banks tend to lower deposit rates first before lowering lending rates. But these times are gone now. However, and here I disagree, variable rates to borrowers are usually LIBOR based and re-set themselves at every roll over, so the rate adjustment can't be postponed.
    Jun 20, 2015. 06:07 AM | 1 Like Like |Link to Comment
  • Bank Stock Prices And Higher Interest Rates: Lessons From History [View article]
    Marek, we are looking at long term assets, i.e. fixed interest for several years, versus short term funding like 3 or 6 month LIBOR based or even shorter. As rates rise, after initial extra income compared to the usual credit spread, the positive funding spread will gradually diminish or even inverse and the price of the assets will fall, like bond price move inverse to yield. Now as you said this is less critical if rates move up slowly, but the risk remains and regulators will limit this exposure anyway through regular stress tests postulating extreme market changes.
    Jun 20, 2015. 06:01 AM | 1 Like Like |Link to Comment
  • Bank Stock Prices And Higher Interest Rates: Lessons From History [View article]
    ???
    Jun 18, 2015. 09:16 AM | 7 Likes Like |Link to Comment
  • Bank Stock Prices And Higher Interest Rates: Lessons From History [View article]
    erich1, "the banks will make more money based upon the spread between the short and long term interest rates."
    This is generally true in a stable interest environment with a relatively steep yield curve. But miss matching assets (long duration) and liabilities (short) is deadly as long as rates are still rising and that is expected for a few years. Banks will not take that risk.
    Jun 18, 2015. 09:14 AM | 2 Likes Like |Link to Comment
  • Tesla Credit Facility: A Rose By Any Other Name [View article]
    jimr1:"This new loan is only about 2 percent of their market capitalization." is the most nonsensical comparison I have seen here. You can't finance anything with market value, unless you issue more stock at theses high prices, which certainly does not cost interest and does not need to be repaid. Which, of course invalidates your second statement: "Much cheaper financing than if the same amount of money were alternatively raised by selling more stock." The current stock price is a huge premium over actual asset values and this premium can be captured by issuing more stock. If you are worried about dilution, buy more stock, thats what the big investors would so.
    Jun 18, 2015. 05:43 AM | 3 Likes Like |Link to Comment
  • Are Hedge Funds Turning Bearish On Tesla Motors? [View article]
    stuff happens, however dating the information of the hedgefund actions might have helped here. Information from filings as per when?
    Jun 17, 2015. 01:19 PM | 1 Like Like |Link to Comment
  • Herbalife: Why The FTC Is A Paper Tiger, And Tim Ramey Is Still Wrong [View article]
    so with that comparison you are basically admitting to everything?
    Jun 12, 2015. 12:17 PM | 2 Likes Like |Link to Comment
  • My Updated Thoughts On MannKind [View article]
    "MannKind is down around 30% from its Tuesday high. The high volatility showcases the utter lack of financial backing for its stock pricing."
    Any thoughts at all why it was up in the first place? Time for another article excusing for this one now.
    Jun 12, 2015. 07:13 AM | 8 Likes Like |Link to Comment
  • Reconsidering Angie's List [View article]
    The balance sheet has no major issues? Do the capital owners actually own anything?
    Jun 1, 2015. 05:17 PM | Likes Like |Link to Comment
  • Is 3D Systems Close To A Bottom? [View article]
    Athen, please explain, a covered call is covered by a long position. Why wouldn't you buy outright calls?
    Jun 1, 2015. 05:14 PM | 2 Likes Like |Link to Comment
  • Keurig Gets A Kold Reception [View article]
    Its pretty clear to me what Kold in connection with Coke is supposed to represent. Otherwise I also believe the Keurig 2.0 is a flop. I don't even see it any more in my local Costco and they never stocked the bigger pods anyway. They are in desperate need of some innovation soon, in particular with the drawn out introduction of Kold there is nothing new on the horizon for some time that could excite.
    May 18, 2015. 05:19 AM | Likes Like |Link to Comment
  • California court grants final approval of $15M class action settlement [View news story]
    Interesting spin, after all they lost a class action law suit!
    May 15, 2015. 06:46 AM | 3 Likes Like |Link to Comment
  • Herbalife Continues Deceptive Practices Amid Class Action Lawsuit And Regulatory Probes [View article]
    agreed, RJM2, still don't understand what a sales leader without a downline is. What is he leading? what is he selling?
    May 12, 2015. 05:58 PM | 8 Likes Like |Link to Comment
COMMENTS STATS
973 Comments
1,987 Likes