Did you know that if men aren’t buying new underwear, then we may not be recovering from the recession yet, although we may have hit bottom. Alan Greenspan is a believe in the Underwear Stock Market Indicator. Although the bottom may be behind us, hopefully we won’t have any more cracks in the economy, and [...]
Posts from ‘May, 2009’
Regarding Proton’s Cash Per Share
I am not a fan of cash per share yardstick. Like most yardsticks, there are flaws within.
Note. I do hope my English is not too terrible to understand. All I am saying is I am not a fan of the cash per share yardstick. That’s all. I am not stating such a yardstick does not [...]
Maxis To Be ‘Listed’ Again?
Oh NO!!!!!!!!!!!!!!!!!!!!
Just saw the following news clip on the Financial Edge. OSK Research: Maxis to make comeback?
Well Maxis used to be a listed stock.
Then the owner decided to take private.
Hey, I have no problem with that really. Just give the minority shareholders a decent deal. Yes?
Now after being de-listed and seeing that one of its [...]
The Charge of the Golden Bull
There are few investments that generate a more fevered debate then gold. Generally people either love gold or they hate it. The gold lovers have been called gold bugs, nut cases and worse by more serious “main stream” investors. Those that don’t like gold tend to point to its relative uselessness in [...]
Wild Weekly Wrap-Up
What a wild week that was!
We got such a good sell-off last Friday that we went 1/2 covered into the weekend on our DIA puts (a little bearish) but we had already cleaned up on quick short plays on the Dow and USO and we were very much in cash but still making bullish plays [...]
Stock Market Crash Stages
As was mentioned before (see my "Side Way Market in May" post) the indexes continue to move in the corridor defined by May 8, 2099 high and May 13, 2008 low. Now, the indexes are close to the upper edge of this corridor: the Nasdaq 100 index has hit this level yesterday, the S&P 500 [...]
What’s up with General Motors (Retired)?
GM released an 8K notice this week outlining a 363 sale proposal by the US Treasury, which included an updated proposed capital structure and a sweetened offer to unsecured bond holders.
The Treasury proposal contemplates a section 363 sale where GM is split into a “New GM” which would hold the vast majority of GM assets, and an [...]
Would Current Trade Protectionism Issue Hinder Global Financial Recovery?
Would Current Trade Protectionism Hinder Global Financial Recovery?
This is the issue brought by UK’s prime minister, Gordon Brown, Gordon Brown urges focus on repairing world trade
The prime minister said trade was the “most serious casualty” of the global financial crisis and its collapse the “most immediate issue we face”. Writing in the Wall Street [...]