ari5000

While Goldman CEO Lloyd Blankfein understands that "people are pissed off" with bankers, he says everybody should be happy: "Companies are looking to grow again and raise money. That's where we come in. The financial system may have led us into the crisis but it will lead us out."

Lead us out?

How do these finanicial companies lead? Lead in what? Creating jobs? Adding value to our society. They lead in enriching a few upper management employees to millions and leaving the rest of the country saddled with enormous debt.

Today's late morning selloff coincided with the House Oversight hearing on commercial real estate. Fed's John Greenlee sent a chill through markets when he said (.pdf) banks remain at risk of "sizable additional credit losses" given the outlook for production and employment, adding, "Poor loan quality, subpar earnings, and uncertainty about future conditions raise questions about capital adequacy for some institutions."

guy has no business saying truthful things. Just ruins everything.

Grantham. Greenblatt See Value in 'Quality': 10 Guru Strategy Stocks

not much growth on the list.

probably will get a whole lot cheaper during the correction phase.


Magic Formula screen is one of those systems like Dogs of the Dow which has had its day. Now it's just a broken system that will deliver good but not beatable results going forward.

China in a Bubble?

CIT a failure:

U.S. stocks, especially financials -- are 100x more overvalued than most Chinese stocks.

But a little less so after Bloody Monday... coming your way in tomorrow.

ChiNext Launch Should Boost China Small Cap Index

job losses? Why do job losses in America mean the markets have to go down?

There's a lot more to the global economy than America. The world can probably grow quite rapidly with 20% of the U.S. population unemployed. GS employees and the top 10% are getting richer every day -- there will be no big drop in U.S. consumption as everyone thinks. People keep focusing on the trees and miss the forest.

Ken Lewis, outgoing BofA (BAC) CEO, will receive no salary or bonus for 2009 - and will have to repay more than $1M already earned - due to demands by pay czar Kenneth Feinberg. Lewis will keep a retirement package worth between $69.3M and $120M, though.

69 million retirement package....

They really stuck it to the man this time.

Suck on that, Mr. Lewis.

Richard Bernstein, former chief investment strategist for Bank of America, now says he "underestimated the rebound" after his March 23 advice to sell bank stocks. Indeed: Seventy-nine banks, insurers and investment firms have gained 155% since March 6. S&P Financials were up 3.4% yesterday to lead the stock rally.

BAC employees -- at least they're consistent. consistently screwing over clients

COMMERCIAL REAL ESTATE COLLAPSE

if the dollar loses 50% more -- REITs can double.

Cramer's Stop Trading! HMOs Are Terminally Ill (9/30/09)

I think history shows doing the exact opposite of Cramer's ideas outperforms following them.

Anyone still long BSC?

Insmed Is Well Positioned to Make a Good Deal

My point is that the delisting is counter-intuitively a GOOD thing. It means management has to act NOW, to save their own jobs, and get the share price up. If INSM stays under $1 too long, it's game over for a steady salary and job perks.

See FNM, FRE, AIG, AXL for how delisting notices can suddenly light a fire under a ticker.

Insmed Is Well Positioned to Make a Good Deal

Jae -- did you realize they received a Non-Compliant Letter a few weeks ago for share price under $1?

Not sure if you did.

I would think this is actually a positive sign as a recent blogger suggested. It means management is going to have to kick it into high gear and push that price up soon (within months) or they're going to lose everything. I bought some today. I've also seen another 'value guy' mention this on another site.

I think this just keeps trending down under the 20 day MA and then makes up for months of dead money with a one day rip as soon as whatever catalyst occurs that gets big pockets to buy in.

Analyzing the Oracle: Berkshire Hathaway Holdings and Analysis

that last one GCI -- is interesting...

anyone know Buffet's cost avg. for GCI?

A123 Systems IPO Meets with Great Success

John,

You don't have any problem with 20x sales? The IPO is bound to stay up -- on a low float, no shorting situation.

In 6 months, we'll have a better idea what the Street really values AONE. I definitely think the way to win though, as you say, is to buy competitors like XIDE at a discount. AONE prone to giving up a lot of gains when the pump ends.

Financial Services Are Too Big for Society

this is true - Wall Street should be free to do what they want.

But there is no attempt to set up rules so that taxpayers never have to pay the price.

The fact that regulations will never be put in place to kill "too big to fail" (so please can I borrow 50 billion?) shows that corporate socialism is here to stay. Our only hope is to vote 3rd party. Our govt. is owned by Wall Street.

100% Gainers and Their Estimated P/Es

as the stock market is now essentially risk-free thanks to Fed intervention.... this list is surprisingly cheap.

how much would you pay if you knew you could never lose?