andyn

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112 Comments

    • Fri Nov 21st 09:13 AM
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      Commented on:
      The Uptick Rule: Mr. Cox, Is It Really That Devilish?
      Shouldn't this rule change have REDUCED volatility? Atleast that's why it was removed to make the markets more "free" and hence more true.

      I mean, if its easier for people to either buy or sell freely, the market should settle at the "proper true" value.

      I guess theory and practice differ as we see, but u cant blame the lack of uptick rules for the selloff.

      There were fundamental reasons for this bridge to collapse... huge leverage built on shaky house values. plain and simple.
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    • Fri Nov 21st 09:03 AM
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      Is the Real Estate Plunge Really That Shocking?
      What is surprising is that home sellers are still thinking they are going to get their high watermark prices!!!
      Even though, foreclosures are occurring all around them.

      I think home prices need to go down almost to 1999 levels or about 60% from the peak (double of the current median price drop %).

      Sellers, better get out NOW while you get the higher values
      Buyers, rent till the home values come down 60%
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    • Wed Nov 19th 08:56 AM
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      My Reconsideration: Why Share Buybacks Are Pointless
      Agree with Wefwef above.
      It indicates a lack of opportunities / ideas that the company can use the money for.
      Buybacks give a false bottom to stocks and doesnt allow the markets to be do their actual thing.
      I think better would be to do a special one-time dividend and give the money directly to the shareholders. (I was recipient of a HUGE dividend from MSFT some years back).
      I am thinking of getting back into MSFT but am worried they may now do that stupid YHOO deal.
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    • Tue Nov 18th 08:56 AM
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      Penn West Energy: Q3 Earnings Review
      time to buy here and take in that yield.
      oil is not going down forever... should settle around $50 for a while.
      View article »
    • Thu Nov 13th 21:06 PM
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      Commented on:
      Updated FDA Decision Date Calendar
      Good list...
      Is there a FDA website which lists the updates to the dates as and when it happens?
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    • Thu Nov 13th 09:38 AM
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      Taking Advantage of Google's Plummeting Lows
      Stupid to be short a put in this market.

      $250 might be a long way off but to think that GOOG is below $300 is already crazy. P/E contraction is happening at a scary pace and there are no signs that the economy is going to recover anytime soon.

      If you want to put in cash into this market, just buy a high-yielding one so that atleast you get something in return while you wait for the recovery in stocks.
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    • Wed Nov 12th 09:37 AM
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      Insider Buying at Corning; Stock Shouldn't Go Much Lower
      Agree... this selloff has been overdone, almost assuming people are NOT going to spend anything this holiday season.

      I think people are going to nest more and that means more home entertainment like LCD tvs, video games etc.

      Also, remember that the analog TVs are going off air in 2009 which should also help the replacement cycle of TVs.

      All in all, bullish for GLW... buy here and get a 30% return in 3 months.
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    • Tue Nov 11th 09:32 AM
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      Tempted to Buy Google
      Buy now with a stop at $300.
      A risk of $10 but a upside of atleast $100 in say 6 months.

      Good trade especially since their competitors, YHOO and MSFT, might be mired in a bear hug by then.
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    • Tue Nov 11th 09:30 AM
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      Is Goldman Sachs Heading to $20?
      I doubt they will go private and take back all the inherent risks onto the backs of the partners, especially in these uncertain times.
      In fact, risk diversification was one of the reasons to go public in the first place.

      GS still has a marquee name and can attract equity investment from across the world. Yes, there might be dilution of existing shareholders but still the risk will be spread amongst them.

      Their next earnings release should inform us of their status.
      I will buy GS if its relatively stable.
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    • Tue Nov 11th 09:26 AM
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      Is India's Economy About To Blast Off?
      Great article on India's economy.
      What people need to understand is that India is still a "controlled" economy as the author has pointed out.
      Moreover, there are many economic activities that are NOT captured by official figures and I think the rate of growth is being understated due to that. (for example, the slums of Dharavi is estimated to have a $1B economic output which is largely unregulated).
      My point is that India is more resilient than the numbers indicate and over the long run (say 3-10 years) it should out-perform others.
      Good time to buy into PIN, EPI, IBN, HDB at these low levels.
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    • Mon Nov 10th 09:51 AM
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      Giving Yahoo Stock One Last Chance - with a Bull Call Spread
      Just buy a long-term put and sit back.
      This company is going down the drain FAST.

      Better to buy GOOG below $350 which will no doubt benefit, whether microsoft comes back or not.
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    • Sat Nov 8th 09:23 AM
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      Yahoo: Analyst Focus Turns to Microsoft Search Deal
      Or MSFT can just let this company bleed and pick it up in the single digits.

      Anecdotally, I can tell of many friends who are fleeing this sinking ship.

      Also, GOOG is benefiting both from engineers and clients shifting to it.

      GOOG is the winner in this and should be bought at this cheap level under $350.
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    • Sat Nov 8th 09:19 AM
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      Playing the Baby-Boomer Trade: JPM's Aging Population Index
      Amen brother... especially since this group also the richest in history.

      There are few other companies left out above which should benefit:-
      Reconstructive surgery - Stryker (SYK), Zimmer (ZMH), SNH
      Geriatric drugs - Gilead (GILD)

      Buy these stocks at these low levels today and sit back for the next 20 years.

      View article »
    • Sat Nov 8th 09:15 AM
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      Rating: +2 -2
      Commented on:
      Free-Market Healthcare Falling Victim to Recession
      Basic healthcare should absolutely be a right, esp. in the richest country on the planet - the USA.

      USA actually spends 14% of its GDP on healthcare, but doesnt reap the benefits.

      About 1/3rd is due to indirect administrative costs and not direct costs such as drugs (which everyone loves to hate).

      Its projected that in 10-15 years, healthcare will eat up around 25% of GDP, primarily due to growing baby boomer medical care.

      The "free market" solution will be unaffordable to more than 90M americans (including 50M uninsured).

      So the writing is clear on the wall.
      Even if everyone hates a "socialist" healthcare system like in Canada, US will be forced to go down that path, more for economic reasons than for ideological reasons.
      The earlier the system is reformed, the better it would be.
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    • Fri Nov 7th 08:59 AM
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      Salesforce Likely To Be Below $15 By Year's End
      I agree their P/E is pretty high.... but so far they had the growth rates of over 50% to sustain it.

      But in the coming months, growth rate should slow both because of law of larger numbers and a recession.

      The only question is by when it would be cut in half to $15....
      I think it would take atleast next 2 earnings release to do that.
      View article »