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  • Valeant - Why Bill Ackman Is Scared [View article]
    freed0m - At least Coke isn't digging into taxpayer pockets to subsidize mult-hundred percent increases in the price of their products.
    Nov 15, 2015. 11:26 AM | 1 Like Like |Link to Comment
  • Valeant - Why Bill Ackman Is Scared [View article]
    Ackman's cluelessness installing Ron Johnson as CEO at JCP and stubbornly sticking with his "transformative" policies of issuing debt to burn cash targeted towards turning the frumpy chain into upscale boutiques more in line with his Apple Store background while insulting his economically challenged core customers and ending the discount coupons that attracted them is yet another of Ackman's epic serial blunders that should be remembered.
    Nov 9, 2015. 08:27 AM | 16 Likes Like |Link to Comment
  • This Time Is The Same- And Worse! [View article]
    "And I will be long gone by the time it is raining doom."

    That would make you a rare exception among the always-buy-the-dipsters who all believe they will know when to get out with the vast preponderance of their paper gains intact.

    But that NEVER happens at the end of a cycle, and as Stockman warns with such clarity and detail, the implosion phase of this ludicrous worldwide credit expansion cycle and it's impact on financial paper may well eclipse all those that ever preceded it.
    Nov 5, 2015. 11:49 AM | 6 Likes Like |Link to Comment
  • Wall Street Breakfast: FOMC Meeting In Focus [View article]
    "Why overpay when you don't have too???
    Seems someone is getting some extra money somewhere."

    Spreadsheet analyses may make a convincing case of actual synergies although the familiar corporate financial engineering merger "activity" designed primarily to reward Wall Street with outlandish fees and executives with supersized padded bonuses has become all too prevalent.
    Oct 28, 2015. 10:11 AM | 1 Like Like |Link to Comment
  • eBay: Still The Same Old Story [View article]
    This article maintains that Ebay's problem is that it is "perceived" as a "platform for used/discounted goods," and that "this perception requires a significant amount of marketing spend to address."

    At least the headline, "Ebay: Still the Same Old Story" is correct. The rest of the article seems to assume that the site needs to be something other than what it is and needs to spend a lot more to get that word out.

    Well actually, Ebay needs to capitalize on it's unique core strength of highly involved small sellers who have always spent more time and money on that site than do users involved with almost any other site, whom Ebay management has seen fit to chase away with onerous and crazy rule changes and fee increases. Why not cater to sellers who will sell $50k and up and go right back and spend it on purchases from the site and offer massive free viral support rather than compete for the same $500/year buyers by spending a lot more to get the word out for offering the exact same Chinese merchandise that can be found on any other site?
    Oct 23, 2015. 08:25 AM | 5 Likes Like |Link to Comment
  • eBay: Cautious Ahead Of Earnings [View article]
    Some changes will be made to correct one egregious abuse of small sellers - the kaleidoscopic myriad of avenues a "seller defect" can be picked up which all but guarantees a "below standard" rating for all but purveyors of mass manufactured new merchandise such as Chinese resellers, but this won't take place until February. And they will add a new requirement of 30-day money back guarantees to maintain a "top rated seller" status.

    Meanwhile, Ebay can continue to milk the extra 2% of fees they now impose on all but the very few remaining top rated sellers. This "change" continues to be typical Ebay: Any incremental improvement for small sellers is too little, too late and will be offset by some new requirements when a wholesale "welcome back" campaign for small sellers is desperately and objectively needed since the site is so nearly picked clean of it's former plethora of unique merchandise and bargains and replaced by a useless and boring shadow of Amazon that Ebay's marketplace failure is becoming more obvious as it accelerates.

    These are the real issues and problems. The site has not been destroyed by a now-distant hacking scandal, rather it is dying at the hands of it's clueless management's policies starting with former CEO John Donahoe, and the accumulation self-inflicted problems which have destroyed the Ebay marketplace now need attention with great and decisive urgency. Only then can it's stock become a potential buy.
    Oct 20, 2015. 08:31 AM | 1 Like Like |Link to Comment
  • Summary Of My Post-CPI Thoughts [View article]
    Thanks for an unequivocal, unambiguous, bracingly clarifying and forthright stand calling for 2.5% and rising MEDIAN inflation ("But the sign is clear. Inflation is heading higher"), with an explanation of the importance of that metric.

    As a fairly median-level consumer whose lying eyes seem to have found more inflation in my budget than any of these figures purport while giving appropriate thanks for the reprieve in fuel prices for now, this article delivers an important message while citing the 70's that a crummy economy such as this cannot be considered free of inflationary dangers and that the Fed can be easily blindsided now as it was then and signs amid today's endless deflation chatter.
    Oct 17, 2015. 09:41 PM | 2 Likes Like |Link to Comment
  • Can Yahoo Survive? [View article]
    Why be sarcastic about criticism of Marissa Meyer when her pay package comes in at $42 million this year, a huge jump, something we all can marvel at, and yet the results and future of the core company continue to flounder and decay?
    Oct 16, 2015. 01:32 PM | 2 Likes Like |Link to Comment
  • eBay: The Original Sharing Economy Business Is A Great Value After PayPal Spinoff [View article]
    Seeker137 - The quote in your last post has to be THE essential quote about Ebay.

    To extend this part, "So, I'm left wondering whether all of Wall Street is just as inept and out of touch as this sorry company? At least in eBay's case, the analysts sure seem to focus on the typical and predictable, but incorrect, market factors." (comment by poster Sorbet on an blog)," the willful ignorance on the parts of Wall Street and virtually every business article ever written about Ebay as well as the demonstrably unfathomable and endless stupidity of Ebay management is so extreme that it is possible to wonder whether that company which once ran a wildly successful free market platform that represented a clear democratic and meritocratic path to economic self-improvement open to nearly all, is has become a test case cog in The Machine that from all evidence in the larger picture during recent years seeks to cast all memory of a preponderant, vibrant privately-employed middle class into the Memory Hole while leaving only worldwide classes of dependent serfs, elites and the useful servants of elites in our future.

    That such wanton waste, destruction and exercise of bullying power by Ebay to elevate any means of destroying independent small sellers including elevating buyer dishonesty and fraud to the detriment of their own business while "experts" go dark and silent regarding the clear facts before them and that this unanimity extends to a widespread consensus that lacks any independent thought or research seems to demonstrate a herd mentality that unfortunately also extends far beyond this benighted company which has proven very useful in manipulating public thought generally.
    Oct 16, 2015. 10:10 AM | 2 Likes Like |Link to Comment
  • Inflation Worlds Apart, Same Monetary Failure [View article]
    "Denial is a strong facet of orthodox thinking."

    Another priceless observation. Of course, these people have the full weight of every institution, media, academia and $trillions of taxpayer debt to turn their benighted proscriptions into decrees and so we wait a very long time before market forces finally turn back the tides of these Canutes in emperor's new clothing.
    Oct 15, 2015. 10:06 AM | 2 Likes Like |Link to Comment
  • eBay: The Original Sharing Economy Business Is A Great Value After PayPal Spinoff [View article]
    "Sell it now," or rather, Buy It Now listings become ironic in the face of the preponderance, always growing, of items that sit there eternally unsold because they are overpriced or otherwise unsalable but there they stay because they are listed for free. Stocking the shelves with clutter and dreck that will NEVER be sold can hardly be the policy of a good or even a competent retailer.

    But, this is Ebay, so their management gets an automatic Wall Street pass on stupidity while they have milked their best users for short-term bonuses via one boneheaded policy after another and now their growth in highflying ecommerce is finally going from subpar to zero or worse.

    No, some unknown cosmic force is not destroying their unique auction business, and writers and readers with business acumen should be able to understand how the marketplace and policy drivers emanating from recent CEO John Donahoe are responsible for the shameful results.
    Oct 14, 2015. 12:57 PM | 3 Likes Like |Link to Comment
  • eBay: The Original Sharing Economy Business Is A Great Value After PayPal Spinoff [View article]
    It has been common for small sellers to sell $50k - $100k annually and plow a very substantial percentage of that right back into buying on Ebay whereas the typical Ebay buyer statistically makes purchases totaling $500/year. I believe that figure comes from Channel Advisor. And the typical Ebay buyer will go over to any other site such as Amazon if they can save 12 cents.

    Every site besides Ebay is looking to cater to customers who will find their sites "sticky," and no other site has ever had the natural advantages of the easily monetized free-market auction platform of first-mover Ebay or customers equaling Ebay small sellers in time and money spent on a site. Yet virtually every mainstream business article considers this information and the insanity of abusing these customers too somehow granular or requiring too many extra steps of thought process outside of company and Wall Street propaganda to include.
    Oct 13, 2015. 03:21 PM | 4 Likes Like |Link to Comment
  • eBay: The Original Sharing Economy Business Is A Great Value After PayPal Spinoff [View article]
    That Ebay has been trashing it's best customers - small sellers - and the incomparable viral support they would have provided (this is the internet after all, doesn't Ebay management ever get it?), for a very long time, is news to very few who are reading about this company but it certainly has not appeared in this article.

    Too bad it falls to the abused users on the ground doing business with this errantly mismanaged company to shed light on their travails rather than business articles such as this which somehow manage to pay no heed to it's best customers who are clearly unhappy, while dispensing buy-side "investment advice."
    Oct 13, 2015. 01:57 PM | 5 Likes Like |Link to Comment
  • Smith & Wesson on watch after Wedbush recommends [View news story]
    If you mean the zombies who expect government checks from cradle to grave just for breathing, I agree. They will be dangerous when they have to actually find work for a living.
    Oct 13, 2015. 08:01 AM | 4 Likes Like |Link to Comment
  • Junk Bond Issuance Collapses, 'Distress Ratio' Spikes [View article]
    There you have it: Junk bond issuance to fund share buybacks and M&A, the main pillar supporting inflated stock prices is starting to plunge. That key ingredient in the financial engineering that has propelled the equities bubble is deflating.

    As the supply of debt-financed OPM the C-suites shower themselves with subsides, and the eroded balance sheets of everything they leverage to obtain their unprecedented easy rewards can no longer support the customary ZIRP-enabled fiction of solvency if there is any downturn, these folks will have to once again make their money and bonuses the old-fashioned way: Via taxpayer bailouts.
    Oct 12, 2015. 08:35 AM | 4 Likes Like |Link to Comment