Annuities, Insurance, And My Soap Box [View article]
MetLife annuities are bad news and Edward Jones investment advisers who take 85 year old clients money and put in a non-qualified market annuity with MetLife are thieves looking for a commission. They did this to my parents in 2007 he died in 2008 and it rolled over to my mother and now she is 91 and the damn thing is still not worth the 106000 dollars that was originally invested. Edward Jones had their money for 20 years and when I moved it to Scottrade it was worth 70000 dollars less than what they had put into the account at Edward Jones over the 20 years. The only money made on that account was what Edward Jones made on commissions and the IRS on the Taxes that were paid each year on the investments with other sources of income. Edward Jones is the worst. If someones mentions their name run the other direction.
Yahoo's (YHOO) board will review the false claim that CEO Scott Thompson has a computer science degree when in fact he only has one in accounting. The discrepancy came to light after questioning from activist investor and Yahoo bete noir Dan Loeb [View news story]
Life experiences in the working world would be the best indicators of ones ability to run any company and in YAHOO case he would really need to surround himself with a team of smart people. They have a tough game to play in.
Bob Wenzel holds no punches in a speech this week to the NY Fed: "The noose is tightening on your organization, vast amounts of money printing are now required to keep your manipulated economy afloat. It will ultimately result in huge price inflation, or, if you stop printing, another massive economic crash will occur. There is no other way out." [View news story]
I am guessing the Fed felt that speech was a waste of their time but the man certainly made some interesting points concerning the roller coaster ride our economy has been on since the inception of the Fed. Now my job as a retail investor is to keep plugging away with both eyes open. It is the greatest game in town and if everybody could make it work, it would not be as much fun.
Bob Wenzel holds no punches in a speech this week to the NY Fed: "The noose is tightening on your organization, vast amounts of money printing are now required to keep your manipulated economy afloat. It will ultimately result in huge price inflation, or, if you stop printing, another massive economic crash will occur. There is no other way out." [View news story]
Bob Wenzel holds no punches in a speech this week to the NY Fed: "The noose is tightening on your organization, vast amounts of money printing are now required to keep your manipulated economy afloat. It will ultimately result in huge price inflation, or, if you stop printing, another massive economic crash will occur. There is no other way out." [View news story]
Denial Is Not Just A River In Egypt [View article]
Mark Anthony they have curtailed production because of lack of demand and until the demand increases raising prices will only reduce demand even more as I see it. I am not an authority by any means but I just can not see it working the way you are describing the coal market at this point in time.
Denial Is Not Just A River In Egypt [View article]
Rail traffic in the coal sector continues to decline week after week which I would think indicates coal miners is not a sector that has reached its bottom.
The anatomy of a 72% Q1 gain for a stock on its deathbed: Everyone unloaded by Q4's end, having lost a ton and not wanting the embarrassment of having it on their books. With no one left to sell, the news gets a bit better, the shorts start to cover, the news gets a bit better, and the "rest took care of itself," writes Josh Brown, describing BAC. [View news story]
I believe BAC is going to have to make money for this stock to continue it's upward price momentum, if it can't then the market is going to take it to the wood shed. I am long BAC and have been since last year and am just now getting back to even. Hope to see you guys at $20 in 2013. This is going to be an interesting earnings season.
Facebook (FB) shares change hands at $44.10 in their final SharesPost auction, as the company shuts down private-exchange trading ahead of its IPO. The closing price translates into a valuation of $104B, or perhaps $110B+ after factoring IPO dilution. Separately, SharesPost rival SecondMarket is laying off 10% of its staff, as it copes with both Facebook's offering and a broader pickup in tech IPO activity. [View news story]
TravelCenters of America: A Small-Cap Opportunity Related To Trucking [View article]
Yeah Portnoy and son treat it like a private piggy bank I believe if you look closely they bought a hotel in New Orleans. I believe that is when I sold my holdings, I did make a few bucks but the stock just would not move and it seems to still be stuck in neutral and will continue as long as that guy is in charge.
Annuities, Insurance, And My Soap Box [View article]
Yahoo's (YHOO) board will review the false claim that CEO Scott Thompson has a computer science degree when in fact he only has one in accounting. The discrepancy came to light after questioning from activist investor and Yahoo bete noir Dan Loeb [View news story]
Bob Wenzel holds no punches in a speech this week to the NY Fed: "The noose is tightening on your organization, vast amounts of money printing are now required to keep your manipulated economy afloat. It will ultimately result in huge price inflation, or, if you stop printing, another massive economic crash will occur. There is no other way out." [View news story]
Bob Wenzel holds no punches in a speech this week to the NY Fed: "The noose is tightening on your organization, vast amounts of money printing are now required to keep your manipulated economy afloat. It will ultimately result in huge price inflation, or, if you stop printing, another massive economic crash will occur. There is no other way out." [View news story]
Bob Wenzel holds no punches in a speech this week to the NY Fed: "The noose is tightening on your organization, vast amounts of money printing are now required to keep your manipulated economy afloat. It will ultimately result in huge price inflation, or, if you stop printing, another massive economic crash will occur. There is no other way out." [View news story]
The Why Behind The How: The Quality Of Comments On Seeking Alpha Articles [View instapost]
Regions Financial (RF): Q1 EPS of $0.11 beats by $0.03. (PR) [View news story]
Regions Financial (RF): Q1 EPS of $0.11 beats by $0.03. (PR) [View news story]
Denial Is Not Just A River In Egypt [View article]
Denial Is Not Just A River In Egypt [View article]
Why Naspers Just May Be The Best Kept Secret In The Global Equities Market [View instapost]
The anatomy of a 72% Q1 gain for a stock on its deathbed: Everyone unloaded by Q4's end, having lost a ton and not wanting the embarrassment of having it on their books. With no one left to sell, the news gets a bit better, the shorts start to cover, the news gets a bit better, and the "rest took care of itself," writes Josh Brown, describing BAC. [View news story]
Facebook (FB) shares change hands at $44.10 in their final SharesPost auction, as the company shuts down private-exchange trading ahead of its IPO. The closing price translates into a valuation of $104B, or perhaps $110B+ after factoring IPO dilution. Separately, SharesPost rival SecondMarket is laying off 10% of its staff, as it copes with both Facebook's offering and a broader pickup in tech IPO activity. [View news story]
A Demand Side Revolution? [View article]
TravelCenters of America: A Small-Cap Opportunity Related To Trucking [View article]