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neversink

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  • Apple: Q2 Results Are Not What They Seem [View article]
    No way. Even if you don't like Apple, you can't short the stock. They are such a diverse company. The largest company in the world.
    Come on!!! Go short housing. At least in this rigged and goosed market, it is a calculated risk. Shorting Apple is just plain stupid, even if your so-called "facts" were correct.
    May 9 05:27 AM | 2 Likes Like |Link to Comment
  • Volatility ETFs Could Face A Short Squeeze [View article]
    Don't bet on it... It depends when the market tanks.... The market cold go up for months before a tank. Where will VXX or UVXY be then.... These lose money much faster than they gain.
    I would not put money into this until there was no more contango and we saw backwardation (will that day ever happen!!!)
    And just remember... These are very short-term trading vehicles.
    May 9 01:49 AM | Likes Like |Link to Comment
  • Should Apple Buy Back Shares Or Increase Dividends? [View article]
    In this uncertain economy, holding on to cash is smart. It is protection against a financial collapse and a bear market. Perhaps those at Apple are preparing for one hell of a rainy day....
    Apr 15 07:18 AM | Likes Like |Link to Comment
  • BlackBerry: Raising Goldman's $19 To $20.82 [View article]
    Obviously, the author hasn't looked around lately. Just go to my two teenage girls' school functions, athletic functions and parties.
    Every kid has an iPhone. There is no exception. They also have Apple lap tops and iPods. Most of their parents have IPads, not Androids. Most of the adults phones are iPhones. I was at a volley ball tournament and I couldn't believ how Apple devices, across the spectrum, outnumbered all others by easily more than 20:1. We are talking hundreds of kids from all over and their parents.
    There is no Blackberry ecosystem. That is a complete and total lie. Talk to me about the Blackberry ecosystem that my friends who are App developers laugh at!!!
    Balckberry has no computers, they have no real tablet, except their failed tablet that is six feet under. Talk to me about their mp3 player. Oh - they don't have one of those either. And what about great software. Now Apple has more of these items and even more types of products than I have listed.
    The blackberry ecosystem is a sandy dessert.
    Feb 21 09:50 AM | 2 Likes Like |Link to Comment
  • Another Positive Catalyst For BlackBerry: BYOD And MDM [View article]
    I don't know anyone in the corporate world who is even thinking of giving up their iPhone for a Blackberry. The space belongs to Apple and their ecosystem. None of my two teenage daughter's friends even have an Android. Forget about Blackberry. All the kids have and want are Apple, Apple, Apple. And the kids are our future. And what do I see at all the school and athletic events. Most of the parents have iPhones and iPads.
    Book value will mean nothing to Blackberry investors when they see no one will be buying their phones. This is just another desperate move by a has-been company. Blackberry's failure with their tablet is just recent history. They couldn't even give them away!!!!
    Feb 12 07:07 AM | 2 Likes Like |Link to Comment
  • For Facebook, Market Sentiment Has Changed More Than The Business Has [View article]
    I don't click on FB ads and I never agree to use FB apps. Same with my two teenage daughters who say they are "so over" Facebook. They have accounts, but they and their friends don't go onto it very much. Whereas, they love their Apple devices, they don't use them for FB. What does that tell you about the future of FB. I'm tempted to buy Apple and thinking of shorting FB.
    Jan 22 04:55 AM | 1 Like Like |Link to Comment
  • Protecting Your Capital During Market Sell-Offs. 6 ETFs That Work [View article]
    A couple of weeks can be too long with these double and triple weighted etf's. In one week UVXY has fallen more than 33 %
    Nov 26 06:56 AM | Likes Like |Link to Comment
  • Protecting Your Capital During Market Sell-Offs. 6 ETFs That Work [View article]
    Google quotes, I have found, unfortunately, not to be reliable. Yes - Thanks for clarifying that UVXY and all these other double and triple ETFs should only be a very short-term play due to the contango and the obvious decay. How many reverse splits have occurred on UVXY??? At least three, I believe!!!!!! Short-term for me is less than a day with this type of product. It is too hard. A safer play would be to short the spy if you think the market is going to tank, or to buy puts in the SPY.... Playing TZA is also a possibility as you suggest....
    Nov 13 12:58 PM | Likes Like |Link to Comment
  • Protecting Your Capital During Market Sell-Offs. 6 ETFs That Work [View article]
    How can UVXY be your "favorite play when I expect short-term volatility to spike." This ETF is in contango and has always been in contango. Secondly, your 52 week spread is way wrong. This ETF, in just more than one year (taking in all the reverse splits) has gone from $2400 to $29 as of today. This has been your "favorite play?" Are you insane. The only way to have made money on this is to have short it. It is a crime that these decaying products are even allowed to exist.
    Nov 13 09:58 AM | 1 Like Like |Link to Comment
  • Citigroup Should Start Earning Its Money The Old Fashioned Way [View article]
    @ living the life.... 1. Citi hit a high of $56 (pre reverse split) around 2006 or 2007 (Go check the charts) After the 1:10 reverse split, that would make Citi's all-time high around $560 a far cry from where it is now.
    2. TARP was only a small amount of what the banks received from the federal government. Everyone needs to be reminded that the government guaranteed losses of nearly all the toxic assets on the books of all the banks the same time they gave the banks the TARP funds. These guarantees against losses are trillions of dollars. for example, Citi would be responsible for only $30 billion in losses while the fed would pick up the estimated 2.7 trillion dollars of toxic assets Citi was stuck with. Same goes for WFC, BAC, and even JPM (which at the time was estimated to have $750 billion of toxic assets. Why everyone, including the media, forgets about these federal guarantees against losses form toxic derivatives is beyond me? Many other banks also received this deal.
    3. Who cares if the banks paid back the TARP. Those billions are small potatoes compared to the federal guarantees to the banks against losses from those toxic assets.
    Nov 12 09:03 AM | Likes Like |Link to Comment
  • Citigroup Should Start Earning Its Money The Old Fashioned Way [View article]
    That was a 1:10 reverse split at around $4 which brought C's stock price to about $40. Most reverse splits end up falling. If you are writing a critical analysis, please try to get your facts straight.
    Nov 11 02:20 AM | 1 Like Like |Link to Comment
  • Facebook: 'Hotel California' 2012 [View article]
    Essemini,
    Excellent comments.... I do trade options. And I have always thought of using the emini S&P but have never looked into them. I have traded SPY and been tempted to day trade UVXY (short-term future vix - but the contango on that product makes it look like a dicey trade.)

    Yes, it is hard to remain emotionless when someone like Zuckerberg is in charge. However, you have to hand it to Zuck... He was able to use the greed of Wall Street firms to have his IPO priced at astronomical heights. Zuck proved that in a school of hungry sharks, just dangle some crummy, rotten bait and they will come in droves all fighting for pieces trying to outdo one another in the hopes of just getting a little bit more....

    I blame Wall Street and not Zuck for the IPO price on FB. Zuck was just doing his job luring in supposedly the smartest financial wizards in the world. He set the trap and they pounced.
    Sep 17 09:28 AM | Likes Like |Link to Comment
  • Facebook: 'Hotel California' 2012 [View article]
    @ essemini
    I agree with your assessments about trading. And we know the market is manipulated. But how much more heroine can the Fed dope the system up with. Eventually it won't be enough and then the slogan "Don't fight the Fed" will be a contrarian indicator.

    I still believe $2.00 is too high a valuation for FB, which has proven one thing. It is not transparent. Who really clicks on FB ads anyway???? No one I know.

    Right now, I am on the sidelines. 99.5 percent cash. I am not short or long anything but one large growth cap fund that gives me a nice premium. Otherwise I have closed out everything.

    However, my next step will eventually be to short the S&P and day trade the VIX etfs. It's hard to believe it, but I have no other good ideas until I see some clear direction where this market is going, and I think it will go south for a bit. But I am not betting the farm on it. Not yet anyway.
    Sep 16 12:40 PM | 1 Like Like |Link to Comment
  • More Bernanke: The first two rounds of QE have lowered Treasury yields by 80-120 basis points, raised GDP by 3%, and increased payrolls by 2M. This remains a man who clearly believes in the positive effects of QE and still sees credit/financial markets as needing it. He didn't make any explicit promise for another round, but the speech comes close. [View news story]
    The sad thing would be if Bernanke actually believed the statistics that he is quoting.

    It's time the fed included Food in inflation figures, and other commodities. Food prices have increased every month for nearly three years. It is not an unpredictable variable. The doubling of meat, fish, grain prices is not inflation??

    Does Bernanke realize that worldwide food prices increased ten percent alone in July???

    These people are a disgrace. Why Obama kept Bernanke is beyond me, but obviously, the party that claims it is for the people is not too much different than the Repubs. The only difference is the Dems respect the rights of women more than the Repubs do, and they keep religion out of politics as the Repubs cater to the fundamentalist Christian right-wing crazies...
    Aug 31 10:54 AM | 17 Likes Like |Link to Comment
  • Why A Lower Facebook Stock Price Is Actually Good For The Company's Bottom Line [View article]
    There is no hope for FB stock. Does anyone ever click on any of the ads. I never do. i don't even "like" a company, but if I did, I still wouldn't click on the ads. i don't click on ads anywhere and am very careful. I empty my cookies all the time. I despise the whole enterprise notion of being spied on, and of advertiser knowing which sites I go onto so companies can try to sell me products. Whether I am interested in their products or not, I don't like to be followed around the ethereal virtual world.

    And I doubt many folks like to be followed around where ever they browse. Most people are too afraid to clean out their cookies, or too ignorant.. It is simple and easy to do and makes your computer run more efficiently.

    The problem with FB and many sites is that the advertising isn't passive. It follows and targets you. This is what I hate about the internet the most. And this is why FB and many internet sites have it all wrong. Most of us value our privacy.Believe it or not.

    But most people will disagree with me.
    Aug 26 02:08 AM | Likes Like |Link to Comment
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