Mark Anthony

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    • The Real Rationale Behind Current Supply and Demand for Oil and Other Commodities
      Do you guys see the blatant price manipulation on SWC today, Jan. 6, 09, when palladium price is flying up 8% for the day!!! The shorts are really becoming desperate if you look at the movements on daily chart.

      PAL is up 16.5% and SWC is down?
      Jan 06 14:55 pm |Rating: 0 0 |Link to Comment |View article
    • DryShips: Poised to Rally
      PharmBoy:

      I don't understand! Based on your description where you entered DRYS you should not have an average DRYS price as high as $25. Actually you should be makign money by now. You first bought at $70, and then at $14, and then at $5. Suppose you spend $10K at each price level, you would have bought 143 + 714 + 2000 = 2857 shares for a total cost of $30K, or average cost of $10.50, and you should have a comfortable 32% profit at today's close price of $13.85.

      Your investment strategy must have a problem. You should view the lower price as a big buying opportuity, not as opportunity to lose money. When DRYS was at $3.05, you had an opportunity to buy way much more shares that you could have bought when it was at $116 a share.

      Jan 06 02:41 am |Rating: 0 0 |Link to Comment |View article
    • DryShips: Poised to Rally
      Why concentrating only on one dry bulk shipping stock, DRYS. This is of course one of the best known shipping stocks. I have made the perfect call of DRYS a while ago:

      seekingalpha.com/artic...

      However it is worth mentioning other shipping stocks and diversify a little bit: EXM, EGLE, GNK, OCNF, NM. Maybe I missed a few.

      In terms of valuation, EXM is comparable or even better than DRYS, consider its fleet size. A good thing is EXM does not have the trouble of one major share holder conducting controversal deals, like George Economou does with DRYS. I do not believe George Economou had any wrong doing, but the perception to the general investor community will inevitably be negative so that is a take back.

      I have since diversified a big chunk of my DRYS holdings to EXM and EGLE because of concern about investor perception of the dealings of George Economou.
      Jan 06 02:30 am |Rating: +1 0 |Link to Comment |View article
    • From Crunch to Catatonia
      Quote: "The Fed said consumer credit fell by $6.4 billion in August, the largest drop in 65 years, and then by $3.5 billion in October, the first time since 1992 that there were two months of declines in a year."

      Is $6.4B a whole lot of money? It sounds like just pocket change as nowadays we are accustomed to hear trillions of dollars. $6.4B averaged over the US population is a mere 20 bucks per person. That doesn't seems to be a whole lot of consumer credit shinkage, percentage-wise. The outstanding consumer credit must be in multiple trillions so the functuation of a few billion is really nothing.

      People will continue to spend on basic needs, whether it is on credit cards or on cash:
      seekingalpha.com/artic...
      Jan 05 23:45 pm |Rating: +1 -1 |Link to Comment |View article
    • Gold Prices: Little Correlation with Its Utility
      A physical metal's price has very little to do with its utilization, but everything to do with marginal cost of production. Read here to understand the concept:

      seekingalpha.com/artic...

      Gold is not an investment, but a mere store of value. Gold is the ONLY precious metal with a huge above ground stockpile. The effect of the big stockpile is that its value remains relatively constant, which makes it suitable as an exchange media. That's why gold is money.

      But investment is to seek value appreciation, not constant value. It's much better to buy platinum at similar price, because platinum's inherit value is about twice gold's. Palladium is an even better buy than platinum, as palladium is even rarer than platinum and costs no less to produce.
      Dec 26 01:48 am |Rating: 0 0 |Link to Comment |View article
    • Bubbly Treasuries Will Disappoint
      Time to get out of US T bonds, and get into shipping stocks and commodity producing companies:

      tinyurl.com/7lg4gx

      You must read this to understand that Safe Havens MUST be small and CAN NOT accomodate every one, therefore by definition US Bonds could not be a safe haven at all:

      seekingalpha.com/artic...
      Dec 26 00:52 am |Rating: +1 -1 |Link to Comment |View article
    • Buying USO Is a No-Brainer
      The fundamentals absolutely support a much higher oil price for sure. But whether oil will go up right now needs a little bit scrutiny why oil is dropping now, defying logic and fundamentals.

      Read my reasoning why that happened:
      tinyurl.com/7lg4gx

      Right now the best sector to be in is shipping. Have a look at DRYS.
      Dec 26 00:26 am |Rating: 0 -2 |Link to Comment |View article
    • Enlightening the Gold Bugs
      "Mark Caffee is the president of Mainstay Financial, a non-profit investment company."

      A non-profit investment company? Ha ha, thanks for the honesty. Any investment by definition should be profit seeking, and his guy's investment company is not looking for profit, but looking for non-profit?

      His articles should not be posted on "Seeking Alpha". They should be posted on the "Seeking Loser" web site.

      Why there is imminent danger in the US dollar and how do you find a true Safe Haven:
      seekingalpha.com/artic...

      Dec 24 23:27 pm |Rating: +1 0 |Link to Comment |View article
    • Credit Crisis Watch: Signs of Progress?
      Thanks. You have presented very good data to support that credit freee-up has started to thaw. One sector that benefit greatly is the global shipping industry. Due to credit freeze-up the global shipping virtually grinded to a halt as goods can not be shipped when exporters can not obtain bank guarantee of payments. As a result stockpiles of goods are piled up on harbors. Such backlog is a huge business opportunity for shippers once things start to move again.

      It's now best time to buy dry bulk shippers like DRYS, EXM, EGLE.

      I also expect hyper inflation to kick in soon. Where do you find a Safe Haven? Read my reasonings:
      seekingalpha.com/artic...
      Dec 24 10:31 am |Rating: 0 0 |Link to Comment |View article
    • T-Bills: Bubble, Bubble, Toil and Trouble
      I have a very simple theory which is perfectly logical, for those people looking for a safe place for their money:

      Safe Havens of Any Kind Must Necessarily be Small and Can Only Accomodate Very Few People. If it is big enough to allow every one in, then it is NOT a Safe Haven, but a Death Trap!

      Treasury bond is such a Death Trap as it basically can accomodate every one in it. Anything that provides accomodation to every one, is NOT Safe at all.

      Read the reasoning behind it:
      seekingalpha.com/artic...

      Dec 23 22:51 pm |Rating: +1 -2 |Link to Comment |View article
    • Say Goodbye to a Bear Market Rally after Madoff's Ponzi Scheme
      The bear market rally will continue. True, granted that people will no longe trust any one and they will pull money from asset managers and hedge funds.

      BUT WHERE DO YOU PUT YOUR MONEY, AFTER YOU PULL THEM BACK? UNDER THE PILLOW?

      Hyper inflation will hit. There is no safe place to put your money. The only place that is still safe is physical assets and physical precious metals, as well as entities that produces them.

      People will have to buy stocks. Because paper money will become worthless, as well as all forms of debts. Learn from the experience in Zimbabwe and Weimar Republic.

      seekingalpha.com/artic...
      Dec 23 22:41 pm |Rating: 0 0 |Link to Comment |View article
    • Safe Haven Investments: Imminent Danger and Opportunities
      I called for watching DRYS and I myself entered DRYS long positions aggressively around about $4 a share. Now DRYS has almost equal weight to the SWC positions I hold. I no longer own SIL at this point. It is a good stock to buy but when the price falls below $1 it's going to be quiet for a while until silver is up significantly.
      Dec 15 22:19 pm |Rating: 0 0 |Link to Comment |View article
    • Dryships' Questionable Deals Don't Help Investor Confidence
      User 208657:

      George Economou does not get the $104M cash for free. It was payment for a purchase option. DRYS will have the option to pay another $160M to get the four ships, before the end of 2009, hence save $80M from the original $400M price tag). And why would DRYS not proceed with the purchase option? $160M for 4 near new condition cape size ships seems to be rather cheap.
      Dec 14 17:06 pm |Rating: 0 0 |Link to Comment |View article
    • How to Save the U.S. Economy
      I have no particular insight into the impact of Russian government privatize control of PGM metals export. But in general less government control is always a good idea. Of course that will leave it to individual business to decide when and whether to export certain metals, and how much quantity, for how moch money.

      Business all over the world are all the same, they want to maximize profit. I would think a controled release of palladium would be in Norilsk's best business interest.
      Dec 12 10:06 am |Rating: 0 0 |Link to Comment |View article
    • Dryships' Questionable Deals Don't Help Investor Confidence
      Interesting question regarding the situation where one owns both a public company and a private company and then there is a deal between the two. Will there be a conflict of interest?

      Keep in mind that Mr. George Economou is a share holder of DRYS, too, and he owns 35%, 15M shares worth. Anything that hurts shareholders will hurt himself just as well. Is it in his best interest to line the pocket of his private company at the expense of shareholders? I don't think so. His bigger interest is NOT in a $160M cash his private company can gain, but rather his bigger interest is to see his stake in DRYS gain value. It's in his best interest to protect DRYS and see its share value surge back to $120 a share, which would give him a $1.8B stake. DRYS was his private company to start with and he choose to go public for better growth opportunity. There is a tremendous advantage to own a public company than a private one.

      So I do not see a need to second guess the deal.

      Dec 11 19:16 pm |Rating: +2 0 |Link to Comment |View article

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