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  • DryShips' (DRYS) CEO George Economou on Q3 2014 Results - Earnings Call Transcript [View article]
    Motogains, even IF all the things turn out to be as positive as you hope, it will in all likelihood not matter much to ordinary shareholders of DRYS. Economou is a highly experienced crook who knows each and every trick in the book to transfer all the risks (dilution, stock price crashes) to common shareholders and virtually all the upside, assets and gains to himself. Just google around a bit. Things done include dealing with other firms he owns, buying and leasing ships at grossly inflated prices from other entities he controlled, diluting the stock to the hilt with "expansionary projects" that only benefited friends and family and the likes. Do whatever you like, but patience has no value when it comes to this stock. the more patient you are, the more time Economou has to rob you blind.
    Dec 15, 2014. 09:02 AM | Likes Like |Link to Comment
  • DryShips' (DRYS) CEO George Economou on Q3 2014 Results - Earnings Call Transcript [View article]
    Obviously, you are new to this scam company.
    I do not deny that there is a ton of value here. But rest assured, Economou will take all of this value - and you will hold the bag. has happened numerous times before. It will happen again. I know, my warnings will fall on deaf ears. anyway, it's your money that you burn here (hopefully, it's only yours).
    Dec 2, 2014. 10:47 AM | Likes Like |Link to Comment
  • Tesla Investors Are Ignoring What Elon Musk Really Said About BMW [View article]
    " I correctly predicted that Tesla Motors could be worth $300-$500 by the end of 2014..."

    oh my!
    As per all available statistics, TSLA so far never saw a $300 print anywhere. So you 'correctly predicted' that TSLA would trade between $300 and 500 between now and the end of the year (which is about 29 days away) while it never ever traded there!!! LOL!
    I have seen many people making outlandish predictions over the years. But you top them by claiming that your predictions were correct even while they never materialized...
    hilarious!
    Dec 2, 2014. 10:42 AM | 4 Likes Like |Link to Comment
  • Tesla Investors Are Ignoring What Elon Musk Really Said About BMW [View article]
    You have no idea, obviously, that a battery plant can't be changed that easily. Once you design it and determine what type of battery you produce there, it's a done deal. You can reconfigure it, of course, but at huge costs.
    There is a reason why all those idle LI-ion battery plants of panasonic and toshiba haven't been converted to other formats yet...
    Dec 2, 2014. 10:36 AM | Likes Like |Link to Comment
  • Tesla Investors Are Ignoring What Elon Musk Really Said About BMW [View article]
    yeah, TSLA is really the bargain of a lifetime here. LOL!
    TSLA's plans have to work out 100% and even then the current stock price is rich by any standards.
    But perhaps your 'experts' will bail you out...
    90 % lower....
    Dec 2, 2014. 10:34 AM | 2 Likes Like |Link to Comment
  • Tesla Investors Are Ignoring What Elon Musk Really Said About BMW [View article]
    You have bought elon musk's cool-aid hook, line and sinker. congrats.
    As they say, a fool and his money get soon departed....
    Dec 2, 2014. 10:32 AM | 1 Like Like |Link to Comment
  • Tesla Investors Are Ignoring What Elon Musk Really Said About BMW [View article]
    Tsla is as far away from earning money. Whether you burn the cash with some html code or a giga factory doesn't actually matter much. If you don't have a commercially viable product you will be out of business sooner rather than later and whoever bought into your 'story' will lose. Any questions left?
    Dec 2, 2014. 10:24 AM | 4 Likes Like |Link to Comment
  • Tesla Investors Are Ignoring What Elon Musk Really Said About BMW [View article]
    We have a world class established car maker (BMW) that simply doesn't want to get associated IN ANY WAY with a scam wannabe ev company called Tesla motors. That's it, in a nutshell. the author thoroughly missed this point of course, since he views any news through his rose-colored bullish tesla glasses....
    Dec 2, 2014. 09:20 AM | 10 Likes Like |Link to Comment
  • The Latest Sears Short Squeeze Flies In The Face Of Logic [View article]
    rube, the pension issue is something that almost every U.s. company faces, courtesy of uncle ben and his misguided zirp strategies. future returns and discount rates have to be adjusted downwards - but this is no isolated issue related exclusively to sears. it's going to cost corporate America a couple hundred billion $ down the road, but of course, you make it almost a criminal offence committed by sears...
    Nov 12, 2014. 12:12 PM | Likes Like |Link to Comment
  • The Latest Sears Short Squeeze Flies In The Face Of Logic [View article]
    rube, I start to wonder why you aren't running a big company like SHLD as CEO or something. I mean, you are so quick and sharp in calling Lampert , berkowitz and others 'dumb', 'moronic', short-sighted etc in their moves, analyses, steps, whatever. I am sure with your ton of expertise you could turn around SHLD single-handedly
    Nov 12, 2014. 06:25 AM | Likes Like |Link to Comment
  • DryShips' (DRYS) CEO George Economou on Q3 2014 Results - Earnings Call Transcript [View article]
    good luck with that - you will need it. Economou follows all but one principle: milk the sheeple to the hilt - all money and profits to him, all losses to common 'shareholders'.
    Nov 12, 2014. 06:18 AM | 1 Like Like |Link to Comment
  • Sears: The Death Spiral Continues [View article]
    From my own personal experience with shorting other 'hard to borrow" stocks (not SHLD) it has in 90 % of the cases not been worth doing it. First, 10 or even 15 % annual borrowing cost vastly reduce your profit potential and in fact do turn your short easily into a loss. Time is becoming your enemy - and a pretty nasty one at that. So I then rather built put-spreads which alleviates the problem of high options premiums and time value decay to some extent. These high premiums in turn are of course just a direct consequence of the high borrowing costs; (in fact they often simply reflect them) since market makers who are mostly the sellers of puts often have to borrow stock against those sold puts as a hedge. Still, even then the profit potential is often rather small and most of the time a heavily shorted stock implies that the trade is already very crowded. which poses in itself a high risk for a hefty short squeeze, even if that squeeze was just a temporary phenomenon.
    The point I want to make is: SHLD is one of the hardest shorts out there (high borrowing costs, small free float, smart value investors (Berkowitz etc) with huge long positions based on their usually very thorough in-depth fundamental research). I mean, there must be way easier short targets out there, no?
    Nov 10, 2014. 11:11 AM | Likes Like |Link to Comment
  • Sears: The Death Spiral Continues [View article]
    @owen, I agree , of course lampert isn't 'playing us all'. As whether he might play into the hands of someone - certainly, and that will be the longs imho - simply because he is the longest long around.
    Then again, I still have a hard time to understand why someone like rube would spend hours and hours every week digging into all sorts of filings and stuff related to SHLD - while having no position long or short (at least that#s what he is pretending). Sounds like a giant waste of lots of time for - what - pure self-entertainment?
    Nov 10, 2014. 09:31 AM | Likes Like |Link to Comment
  • The Latest Sears Short Squeeze Flies In The Face Of Logic [View article]
    staux, that may or may not be the case. Lots of once hailed retail geniuses at one company failed miserably as retail CEOs at other companies. Certainly, Lampert isn't a retail expert. However: there are lots of retail businesses out there that struggle - and many of them despite or because of throwing lots of money (capex, marketing) at the problems. heck, even the "genius" bezos at amazon hasn't yet managed to really build a profitable company - after 20 years and counting! At least, lampert has done the right thing in not shuffling ever more money into already loss-making stores. While many people feel that the Sears stores suck (they likely do - over here in Europe we have none, so I have no first hand experience), I haven't seen any credible evidence that would prove that throwing a couple hundred million $ into 'improving' those stores would make any positive difference in terms of sales and profitability. In this regard, lampert already is ahead of 90% of your average "retail experts" who always propose the same 'solution' for all kinds of problems retail: moar marketing spending, moar ad campaigns, moar store redesign etc. etc.
    Nov 10, 2014. 09:24 AM | Likes Like |Link to Comment
  • Update: Sears Holdings Provides Q3 2014 Update And Explores REIT Transaction [View article]
    Sears is up 31 % on the news on HUGE volume - about 10 times the average daily trading volume of the past three months. Not "delusional" Sears investors are running up the stock - shorts are doing it who start to wake up to the facts that a) bk isn't coming anytime soon and b) that it will be very hard to buy back all the shorted stock - there simply are too many shares shorted compared to the available free float.

    GL to any short position that is based on borrowed stock. Those shorts will need a ton of luck going forward...
    Nov 10, 2014. 05:22 AM | Likes Like |Link to Comment
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