Seeking Alpha

balazs'  Instablog

balazs
Send Message
I put my money where my mouth is. Investment for myself. Sometime I am short, sometime long. I take no bullshit, and rarely get it. I am unloved by many, as I speak my mind. although I have yet to be proved wrong.
View balazs' Instablogs on:
  • Re: Ebix is NOT A FRAUD but a house of cards
    Hello.

    Anyone read the title?

    Let me emphasis:

    Ebix IS NOT A FRAUD, but a house of cards.
    Well, what exactly is a house of cards?

    I will tell you what is its. It is when jittery investors sell their share at 20% discount to market prices. Bermudas:1 Good guys:0
    Although I side with the Bermudas on this one. How can anyone be so stupid?

    Why dont you just read the title of the article?

    it is clearly a clever joke, meant to spoke investors, and the anonyimty means, none of the bermudas track record is tarnished wheny ebix rebounces, or doesnt get delisted, as a fraud should.
     

    For further elebarations, see my post in the above mentioned "article".
    Stay true!
    I CALLED IT FIRST, REMEMBER THAT!

     

    No positions, only 69, mainly with my wife, with the odd extramarital affair.

    Tags: EBIX
    Mar 25 8:16 AM | Link | 5 Comments
  • Scandal of the 21sz century - Short selling and offshore revealed!
    From now on I will call short sellers BERMUDAS.
    As the money just sinks and disappears around them!
    Bermuda is offshore so it is also more fitiing to these tax optimalization people.
    They are tax optimizing away food from your childrens mouth! I see it!
    I call longs Good Guys from now on. If they are pumping, they are Good Fellas.
    Tags: LONG
    Mar 24 11:26 AM | Link | Comment!
  • 13% profit in 3 days - shorting LDK is FUN! Joing the gravy train!

    I know LDk. I have even spoken to the owner, and regard him as one of the best in China.

    However LDK is being bleed out. I will make no conspiracy theories, but before the nuclear event in Japan, it was bleed out 20% without reason.

    It produced knockout result, growing at 200% !!! Going from loss to huge profit. And forecasting around 300% growth this year. It blew away estimates, although most were revised upwards at the last day.

    It is an extremly well managed company that will raise around 1 billion from spinning of one of its assets. Sorry no references, but you can find all info easily on web.

    After result its P/E ration whent from 12 to around 5. Shows how fast its growing. But many news reports myoptically focused on negative aspects, that are not negative, just general business conditions. Business conditions that also effect first solar an mamc. with 20 and 83 P/E ratio respectivley. Within 3 yeard ldk will be larger then the 2 combined.

    After result and exceeding aspectation it is was punished -8%.

    I have never seen this happen. Nike, which missed, was punished similary. A huge positiv upset, and such punishment?

    No LDK is not a fraud or a fake. No one will make this arguement. Nobody has. It is an extremly well run company with ratios and growth that are unmatched at this size. It also has a vision, which it is executing well. It has a grasp and understaning of how the solar world works, and plans for eventualities.

    Btw I am very interested in anyones views why this company is being bleed out. It has now detached and decoupled from other solars on its trend down to ...?

    However, I am also a realist, and now not to fight market forces. I knew that the excellent earnings report will bash the price. So I sold, and have been shorting it since. I am up 10%.

    I do not understand why this is happening, but I suggest as many people get on the this free ride as possible. Off course I cannot make promises, check my research out. I am quite confident that this company will be hammered back to the stone ages.

    Ohh you may also want to check out the articles on google finance and elswhere. Its fun to read how they make out a 200% growing company as failure. Creative journalism at its best!
    Good luck.

    I am short LDK and adding to my position!

    1 other thing. After the death spiral decline of ldk, to say 2 usd/ share. The good news is you can ride it all the way back up to 10 usd/share.

    This is what I will be doing!
    Dont miss this gravy train!

     

    Mar 23 3:21 AM | Link | 1 Comment
Full index of posts »
Latest Followers

Latest Comments


Posts by Themes
Instablogs are Seeking Alpha's free blogging platform customized for finance, with instant set up and exposure to millions of readers interested in the financial markets. Publish your own instablog in minutes.