vatexas645

Bove's Wells Fargo Call Sinks Markets

Did Bove sell short???

Bove's Wells Fargo Call Sinks Markets

Seems to me the opposite view should be taken - that WFC is taking actions necessary to maintain or improve the profits.

Wall Street Breakfast: Must-Know News

How can anyone in their right mind think about adding to the stimulus plan when so little of the existing plan has been released? More debt will not help; it will give Congress and the White House more excuses to raise taxes even further than they currently project. And, as we know, taxed once - taxed forever.

Wi-Fi: Satellite Radio's New Frontier

I believe you are incorrect - it will likely be a long time before there is no need for aftermarket sat radio receivers. I, for one, like to listen to several stations in my home. I have a vehicle set-up, but if this were a vehicle only world, I would not be able to do so. I hope aftermarket devices do not disappear. LONG SIRI

New and Improved Sirius XM Reinvents Itself

I quit watching Cramer about 8 months back. He may give a temporary boost to some stocks he is "positive" about, but he seems to wrong more than right. IMHO, he is a front for hedge funds to make a quick buck (greed).

LONG SIRI - go Sirius!

Easing of Mark-to-Market Rules: Good for Banks, Bad for Investors

It seems to me that NOT selling relatively good longterm assets at distress level pricing is a good thing not a bad thing. TARP can still buy the BAD assets as was intended.

Bank Investors Beware, Shareholder Interests Are Secondary

I was a shareholder of WB, and now WFC. Government interfered in exactly the wrong way to entice future investment via common shares. They should have (past) and should (future) stick with the original TARP plan, and purchase the bad assets at some value, then hold them for future sale at a profit. You appear to believe MtoM is good. It is but is too strict when companies have to mark to CURRENT market value instead of future worth under a stabilized market. This method (future value) would allow low value for bad assets while allowing higher value for good assets. Only the holder of assets can properly value assets. Using a global rule for valuation punishes all investors. Further, eliminate naked shorts completely, and allow shorting ONLY with complete transparency to help eliminate the apparent equity market manipulation IMHO.

Hedge Funds Not Alone in Defending Short-Selling Secrecy

Short-selling is not the problem in and of itself as a strategy. The problem is the use of short-selling as a strategy to manipulate share prices for profit - In My Opinion. And I believe it happens regularly and such manipulation should be prohibited. How can it (manipulation) be prohibited if there is no transparency?

Drooping Auto Sales Already Cooked into Sirius' Price

Auto sales were down from a year ago (2007), not from a month ago (Nov 08).

Will All Shipping Companies Suffer Equally?

What does dry bulk shipping have to do with FRO?

Help the Housing Market with a Buyback Program

It sounds like the same plan many parents use for their children. Said children often NEVER learn how to save or spend money wisely, and the problem continues. I think we need to let the housing market take care of itself. Regardless, you are wrong in your perception that housing does not deteriorate - houses that are not maintained (lived in) do deteriorate.
This plan would be better constructed by using a private investment fund or funds that would look after their investments rather than a Federal bureaucracy wherein no one cares about "other peoples money".

Is Sirius Worth Anything? Goldman Says 25 Cents

Yeah - like GS has any credibility left. They must be part of the shorting scheme.

Wachovia Sale to Wells Fargo Is a Better Deal for the U.S. Banking System

Citi deal was bad, Wells significantly better; BUT neither deal is good for shareholders. WB is worth much more, especially with the TARP provisions. Shareholders need to hold out for an even better offer. Citi will not be approved by shareholders (my opinion), and perhaps neither will the Wells Fargo deal.

Wachovia Deal: A Home Run for Citi

If this buy-out is in fact required to have WB shareholder approval, it may not be a done deal.

Did Buffett Kill the (First) Wells Fargo-Wachovia Deal?

How can we get SEC to investigate this? I lost big equity on this Citi buyout, which was/is not in the best interests of public or shareholders (in my opinion).