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Sol Rosenberg

Sol Rosenberg
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  • Vonage: Implement A Radical Marketing Shift Or Sell The Company [View article]
    "the vastness of the international calling market"

    Do you have hard numbers on that? In the US the consumer market is mostly just recent immigrants phoning home. The majority of Americans would be lucky to make one personal international call a year.

    I'm not saying it's not a market, but it feels pretty nichey. And it is also a market saturated by countless calling card services marketed in the immigrants' native language.
    Jun 2, 2012. 02:57 AM | 1 Like Like |Link to Comment
  • Where Is the Line Between Conventional Banking and Pure Trading? [View article]
    Of course GS doesn't make the money on the bid/ask spread, they make the money on the pump and dump, insider trading, and front running.

    Meanwhile, they appoint their own guy as SEC COO so that the SEC will go after bush league Sri Lankans instead of the massive GS criminal enterprise.
    Oct 17, 2009. 12:36 AM | Likes Like |Link to Comment
  • Letting Goldman Roll the Dice [View article]
    Good for you. You gambled at the casino and won. It has to happen every once in a while to keep people coming back. Just make sure you do something with those dollars before they're worthless thanks to all of the money Ben is printing to bail out your welfare queen banks.
    Oct 16, 2009. 02:12 AM | Likes Like |Link to Comment
  • Goldman Sachs: This Is an Investment Bank? [View article]
    Which again raises the question, why is the FDIC guaranteeing the debt of a hedge fund?
    Oct 15, 2009. 12:56 PM | Likes Like |Link to Comment
  • Blankfein's Disingenuousness [View article]
    If you're gonna take government bailouts and backstops, you shouldn't be involved in prop trading. Full stop. I could care less what harebrained quant models GS wants to program their HFT computers to execute. But the fact that they get to do it with capital obtained via FDIC-guaranteed debt is criminal.
    Sep 24, 2009. 02:04 AM | 2 Likes Like |Link to Comment
  • Wall St. Banks: Giving Props to Trading Risks [View article]
    I found a typo in your article.

    "That may force the investment bank to commit some of its own capital to acquire those shares in a series of separate transactions, so as not to create an undue spike in the stock’s price."

    should read:

    "That may force the investment bank to commit some of its own capital to front-run those shares in a series of separate transactions, so as to get some ROI on all of those expensive HFT computers."
    Sep 22, 2009. 01:23 PM | Likes Like |Link to Comment
  • No Wonder Goldman Continues to Climb [View article]
    Of course you can make money when you have access to unlimited capital courtesy of taxpayers. GS is just a massive hedge fund playing the USD carry trade with other people's money.
    Sep 22, 2009. 01:15 PM | Likes Like |Link to Comment
  • Picking Goldman's Brain for Long / Short Strategies [View article]
    GS talking their robotrader book again.
    Sep 22, 2009. 04:46 AM | 2 Likes Like |Link to Comment
  • Goldman or Apple: Which Will Hit $200 First? [View article]
    If GS hits $200 that would make the dividend yield 0.7%. Sorry but GS is essentially a glorified hedge fund and the common stock gets to feed on the scraps that are left over after everyone else gets paid. And in GS's case there are a whole lot of everyone elses. You really think GS is interested in growing the dividend when instead they can grow the employee bonus pool?
    Sep 17, 2009. 12:10 PM | 2 Likes Like |Link to Comment
  • First Solar Set to Conquer China's Growing Market [View article]
    Do any photons even make it through all of the air pollution in China? People go weeks in China without seeing the sun.
    Sep 9, 2009. 08:37 PM | Likes Like |Link to Comment
  • Japan Provides Proof That Bank Bailouts Work [View article]
    Ah yes, Japan, a beacon of economic growth and vitality over the last 20 years. Nikkei 225 in 1989: 38,900. Nikkei 225 today: 9,700. I'm sure your typical salaryman is just thrilled that government officials have some extra coin for their bukkake shows in Kabukicho while the bailed-out zombie firms continue to drag the entire economy down.
    Jun 18, 2009. 12:57 PM | 1 Like Like |Link to Comment
  • Detroit: Please Bring Back the Stripped Car [View article]
    Help me out here, are we talking about my Toyota Corolla that was manufactured in Fremont, California or my Toyota Solara that was manufactured in Georgetown, Kentucky?

    On Jan 07 10:44 PM Heroray wrote:

    > Sure, Buy your Honda, Nissan Toyota.
    > Then wonder where all the jobs went.
    Jan 10, 2009. 03:45 AM | Likes Like |Link to Comment
  • The Benefits of a Standardized MicroUSB [View article]
    People will deliberately shop for those chargers that will minimize their electricity bill? You gotta be joking. Maybe they will shop for the most energy efficient ones just to feel good about being "green", but we're talking about a few kWh a year consumed by your typical charger. With the average cost of electricity in the US at 12 cents per kWh, any gains in efficiency are noise to the individual consumer. Sure, when you multiply by 3 billion you start to get interesting numbers, but that's true of pretty much anything multiplied by 3 billion.
    Jan 10, 2009. 02:02 AM | Likes Like |Link to Comment
  • Broadband: Why Government Investment Is Justified Now [View article]
    Since most of the people who aren't yet on the Internet will get there via a mobile device, why not call for the elimination of taxes on mobile services? My wife has a $40 mobile plan, yet somehow ends up with a $55 bill when all of the taxes and fees are added in.

    As for government central planning in very young industries (the commercial Internet is only 15 years old), all I can say thank heavens this didn't happen in the 1995-2000 period. Otherwise there'd be no Google and we'd all be using our government-subsidized Lycos. Central planning and subsidies always favor the incumbents.
    Jan 2, 2009. 07:36 PM | 5 Likes Like |Link to Comment
  • Another Look at Krugman's 'Hangover Theory' [View article]
    It's hard to take any critique of ABCT seriously when the critique doesn't even mention central banking. Nary a word about the Fed in this post or Krugman's post. The effect of central banking is the cornerstone of ABCT, not "hangovers" or "morality plays".

    BTW, for an easy to understand explanation of Keynesianism, turn to none other than Fred Thompson:
    Too bad he was never this lucid during his campaign.
    Dec 30, 2008. 11:21 PM | Likes Like |Link to Comment