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    • ON: Wed Oct 8th 06:57 AM
      Commented on:
      Did the Short Selling Ban Work?
      How can it work when some stocks and people, are still allowed to short their brains out with impunity. The 2 examples you used are a prime example – these 2 ETF’s still can be shorted and have been gangshorted up the ying-yang. The XLF especially! Hey, all true negative shorts needed to do was keep shorting the XLF like crazy while buying puts on anything else they wanted.
      Individual stocks? We don’t need no stincken’ individual stocks!

      We really have really given ourselves a big headache and the tail is truly waging the dog.

      DRILL.. DRILL.. DRILL.
      BUILD.. BUILD..BUILD.

      Only way out.
      View article »
    • ON: Fri Oct 3rd 08:40 AM
      Commented on:
      MBIA Sues Countrywide: Part of the Solution to Clean Up the Lies
      It should Old, but the point missed I feel is that things should never have gotten this far.
      Perfect Storm:
      Mark to mark was inacted.
      Up-tick Rule eliminated
      Margins requirements decreased so it became like "Girls Gone Wild"
      No SEC supervision
      View article »
    • ON: Fri Oct 3rd 07:13 AM
      Commented on:
      Time to End Government Dickering Before It's Too Late
      And let's add the following - paying SPECIAL attention to #4:
      1. Reinstating the Up-tick rule,

      2. Cracking down on naked shorting,

      3. Instituting some rules on what should be said on National TV,

      4. Pass a Wind-Fall Capital Gains Tax of 65% on ALL short sales retroactive to 01/01/08.

      5. Aid to the banks during the transition back to normality,

      6. Refinance the monoline insurers with funds, so that roads can get built.. schools can be funded.. bridges will be repaired.. Etc.

      7. Give money to municipalities to build.. build.. build.

      8. Hold oil under $100.00 while building a natural gas infrastructure for autos. Drill.. Drill.. Drill.

      9. Put back rules and regulations on short selling that have been around since the 1930’s.

      10. Eliminate 'mark to market', and

      11. Have the rating agencies come up with ONE set of rules and stick to them.

      12. Increase the FDIC insurance for banks to give people confidence that their money is safe.

      13. Set up a separate fund to lend directly to people and companies with urgent requirements, so things will get bought at the retail level - NOW and not 12 months down the road.

      14. Time to heal with some reasonable behavior by market participants during this process. It’s not going to happen overnight.
      View article »
    • ON: Fri Oct 3rd 07:08 AM
      Commented on:
      MBIA Sues Countrywide: Part of the Solution to Clean Up the Lies
      What about the few people that had to bring down MBIA & Ambac by destroying their CDO’s? What about the lies and rumormongering that went into that?

      All I ever hear about is how we need to get back at the CEO’s and policy makers who did this. Did what? Created one of the greatest housing and economic booms of the last 40 years. Sure there was excess, but there was also GREAT PROSPERITY. It only came apart when a couple of short sellers became desperate to cover and fabricated a strategy to destroy the monolines via their CDO participation. Yeah, they convinced everyone that the monolines’ CDO’s were worthless. Just great! Now those supposed worthless CDO’s are only just worth less, and vultures like Buffett with GS as broker are foaming at the mouth to buy them up.

      Yeah, those shorts convinced everyone and along the way they convinced everyone EVERYTHING was worthless and destroyed the entire financial confidence and system.

      Great job guys! Let’s put the blame for Cramer’s next depression where it belongs – right in the laps of a few narcissistic shorts.
      View article »
    • ON: Thu Oct 2nd 07:13 AM
      Commented on:
      Alcoa: Dead Money Personified
      finance.yahoo.com/echa...;range=3m;compare=mos+...
      View article »
    • ON: Thu Oct 2nd 07:11 AM
      Commented on:
      Alcoa: Dead Money Personified
      Correct chart link (I hope):

      finance.yahoo.com/echa...;range=3m;compare=pot+...
      View article »
    • ON: Thu Oct 2nd 07:10 AM
      Commented on:
      Alcoa: Dead Money Personified
      You may be right on the result, but you're way off on the why's. Just look at this chart comparing AA with other large commodity companies:
      finance.yahoo.com/echa...?
      s=AA#chart6:symbol=aa;...

      Look famaliar - they should. All ran up a little too much, but are now ALL being destroyed by gangshorting. Put these stocks on the no short list and they'll stop the short conspired sell off also.

      First the monolines>then the big-money banks>then the brokerage houses>now the commodity comanpies> WHO'S NEXT.

      www.youtube.com/watch?...
      View article »
    • ON: Sun Sep 28th 12:47 PM
      Commented on:
      Analysts See Value In CPST
      I agree with everything you say, but when no one else does what does it matter. This market is so controlled by shorts that most good to great companies are still held back.
      And the equity offering occured because of our creidt crisis and banking fiasco - another short created disastor.
      View article »
    • ON: Fri Sep 26th 07:18 AM
      Commented on:
      The Short Selling Ban: Is CVS a Financial?
      At this point in time, EVERYTHING is a financial and should be protected agaisnt narcissistic short sellers. It's enough already. Last nite I even heard a report that Citi was coming up with a NEW way to short stocks to skirt the current restrictions. Outrageous!
      ENOUGH ALREADY!!!!
      #4. Implement a Windfall Capital Gains Tax on shorts sales retroactive to 01/01/08 to help pay for this mess.
      View article »
    • ON: Thu Sep 25th 08:33 AM
      Commented on:
      FBI Investigates Victims of the Financial Fallout
      All I know is, is that it makes me vomit to see everyone bashing the CEO's (and I'm not thrilled with them either) and companies, when the true villians here are getting away scott free.
      Criminal - just criminal.

      #4. Implement a WindFall Capital Gains Tax of 65% on ALL SHORT SALES retroactive to 01/01/08.
      View article »
    • ON: Thu Sep 25th 07:19 AM
      Commented on:
      FBI Investigates Victims of the Financial Fallout
      Even the FBI misses the point. True, the crisis comes from the destruction of the CDO/mortgage market, but what was the cause of that market’s collapse.
      Yes, there is plenty of blame to pass around, but until short sellers attacked the CDO market so they could take down the monolines backing those CDO’s, there was no crisis.
      The FBI, SEC, DOJ would be better off investigating Pershing Capital and Bill Ackman to find out the true cause of this current market melt-down.

      It should be side-noted that NOW everyone is saying that all those mortgages and CDO’s will make the Government a profit when they buy them. Gee whiz, I thought Ackman and others has made us all believe that they were worthless. And I mean worthless – not worth less.

      #4. Implement a WindFall Capital Gains Tax of 65% on ALL SHORT SALES retroactive to 01/01/08.
      View article »
    • ON: Wed Sep 24th 16:57 PM
      Commented on:
      An Alternative Bailout Proposal
      Implement a:
      Wind-Fall Capital Gains Tax of 65% on SHORT SALES!
      They thought they were doing the right thing as 'market oversight' so - LET THEM HELP PAY FOR THIS!
      View article »
    • ON: Mon Sep 22nd 17:02 PM
      Commented on:
      Ambac, MBIA: Moody's strikes again
      A very nice long article, but it comes down 3 words 'self-fulfilling prophecy’.
      View article »
    • ON: Wed Sep 17th 18:36 PM
      Commented on:
      Buffett Warned Us in 2003
      Yeah great for him, but what has he done to help? Nothing..Squat..Zero.....
      The only thing he can do is have interviews with Becky Quick telling everyone how great, but humble he is; or offer (as he did last year for Ambac) to buy a company for a penny on the dollar. I guess you could argue that in some cases, like Lehman, that would have better off then it is now.

      Buffett! Don't get me started!
      View article »
    • ON: Sun Sep 14th 11:40 AM
      Commented on:
      Selling Short America and the Rest of the World
      I think the point of the above article was that this is NOT suppose to be just a game. It really is suppose to be a way to build and prosper a Nation as a whole, and NOT just a small group of clever shorts who can create enough fear and mistrust so that their 'puts' can be filled.

      "The good of the many outweighs the good of the few. Or the even one."
      View article »
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