Sol Rosenberg

47 Comments

    • Short Ban: Government Policy Created Too Hastily [view article]
      ResourceWise: Yes, it's always "temporary". Just like FDR's "emergency" ban on the private ownership of gold was "temporary". It only lasted 40 years or so.

      As for the value short selling adds to the marketplace, there are boatloads of academic studies explaining the value. It facilitates price discovery which is one of the basic functions of a market.

      Regardless, it's a simple matter of property rights. If I own a stock I should be able to loan it to whomever I please. Property rights have long been under attack in the US, so this is nothing new, but it's just one more step towards banana republic land.

      Note that none of the above applies to naked shorting, which is simply fraud.
      Sep 20 02:42 AM
    • Interactive Brokers: There's Still Money in Financials [view article]
      Any idea how IBKR has weathered the huge daily drops in FRE, FNM, and LEH? Options market makers try to be delta neutral, but delta neutrality doesn't protect against huge price gaps. Jul 12 01:20 AM
    • Crude Oil Reaches $92 [view article]
      All of you peak oil dead-enders need to read up on the Russian-Ukrainian theory of where oil comes from. Oct 28 01:37 AM
    • Qualcomm Loses Again [view article]
      More good news for San Diego real estate. Sep 13 02:21 AM
    • Greenspan Seemingly Suffers From Acute Amnesia [view article]
      Crazy Al should just go quietly into the night and hope Bernanke gets the blame. Nothing he says now can help him. Sep 11 02:49 AM
    • Blackstone Buys 20% Stake in State-Owned Chinese Chemical Producer [view article]
      Haha, this is hilarious. Blackstone charging the Chinese government 2 and 20 to buy companies they already own!

      These sovereign wealth funds are going to be a hoot to watch. Fools and their money...
      Sep 11 02:42 AM
    • Bonds, Commodities Fare Best During This Pullback [view article]
      The fact that bonds went up is amusing. The Fed is openly inflating and people want to lock up their money at a fixed return for 20+ years? Sep 01 11:41 PM
    • Did the Elimination of the Uptick Rule Contribute To Recent Market Declines? [view article]
      If naked short selling is non-existent, why are there so many stocks on the Reg SHO threshold lists?

      And how exactly are the "rest of us" paying the price because of the elimination of the uptick rule? The uptick rule was completely arbitrary. Arbitrary rules that prevent legitimate transactions just make the market less efficient. Econ 101. Sorry if you were profiting from the less efficient market, but it's time to find a new strategy.
      Aug 14 05:24 PM
    • The 'Plunge Protection Team' Working Overtime: A Play-By-Play [view article]
      The cash never has to "go missing." The Fed is printing it (digitally) out of thin air. It will show up in inflation down the road. Aug 13 04:49 AM
    • Donald Trump - Bah Humbug! Buy, Buy, Buy! [view article]
      Can you explain exactly how "inject[ing] reserves into the system" "bring[s] inflation expectations to very attractive levels"?

      The new money has to go somewhere.

      The fact is both Trump and Bernanke are inflationists. They just disagree on how quickly to debase the dollar.
      Aug 11 06:12 PM
    • Sinking Dollar Presents Great Currency ETF Opportunities [view article]
      FX is the largest, most liquid market in the world. How can one realistically hope to generate alpha in that environment?

      In the end all fiat currencies are going to zero, it's just a question of the relative rates of decline.
      Aug 02 11:17 PM
    • Currency Harvest ETF Vulnerable to Yen Rally [view article]
      Watch out for the steamroller when picking up nickels in front of it. Aug 02 11:06 PM
    • Blockbuster, Netflix: Competing For a Losing Spot [view article]
      "Companies ... already have similar services lined up."

      You forgot to mention Peekvid, TV Links, etc. But they're not publicly traded (yet?).
      Jul 27 06:45 PM
    • Dow Jones Director Affair: China's In a Quandary [view article]
      "Privately, they are probably not too impressed with the short term money grab that this really is."

      About 95% of economic activity in China is a short term money grab.

      I'm sure they're shocked, shocked that a Chinese businessman is corrupt.
      Jul 21 01:32 AM
    • Commodities ETFs Protect The Little Guy [view article]
      Another option is EverBank's MarketSafe CDs. FDIC insured 100% principal protection and upside linked to any appreciation in the underlying index. Right now they're offering Gold and Silver. In the past they've also offered the DJ-AIG Commodity Index.

      www.everbank.com/001Ce...

      I have no association with EverBank, other than as a satisfied customer.
      Jul 18 07:20 PM
Contribute an Article Become a Seeking Alpha Contributor