slvrfx29

Schwab Holds Firm Against N.Y. State

The inept & duplicitous Cuomo (former HUD secretary & key enabler in the sub-prime crisis) is running plays straight from the book of the disgraced Eliot Spitzer. It's refreshing to see straight shooters like Chuck Schwab & Walt Bettinger not capitulate to his attempted extortion.

GM's Chevy Volt Should Help Recapture Market Share

GMGMQ.PK is the ticker symbol representing Motors Liquidation Co, which controls the assets that are to be liquidated after General Motors (scheduled to go public in Q2 '10) emerged from bankruptcy.
While the technology may someday be useful, this vehicle is overpriced, has a very limited range, will never be profitable, & is really nothing more than a PR ploy.

Sugar Price Explosion?

Great article. Another potential sugar play is the Rogers Sugar Income Fund (RSGUF). It pays a monthly dividend & is currently yielding 11.3%. On a precautionary note, it is rather thinly traded & is subject to the 15% Canadian tax. Disclosures: Long RSGUF

Why I'm Buying E*Trade

The brokerage business of E-Trade is a potential acquisition target
for a larger broker-dealer (despite those reprehensible baby advertisements) but there is little interest in the banking operation.
Citadel bought E-Trade's $3 billion portfolio of mortgages,
paying less than $.27 on the dollar, and former sub-prime origination superstar CEO Mitch Caplan was tossed overboard as part of the deal. However, E-Trade retained a portfolio of HELOCs that present some serious default risk. Without a buyout, look for the ticker symbol ETFCQ by Q1 of 2010.