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UBS ETRACS Mthly Py 2xLvg Mortg REIT ETN Message Board

kurt49431 11 posts  |  Last Activity: 19 hours ago Member since: Dec 16, 2007
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  • Reply to

    My longest long - NRZ

    by thewisejman Aug 29, 2016 3:48 PM
    kurt49431 kurt49431 19 hours ago Flag

    I am getting in using Google Chrome but get stuck on conversations with Mozilla Firefox.

    Sentiment: Hold

  • kurt49431 by kurt49431 Aug 30, 2016 5:56 PM Flag

    Any ideas why this took off today? I have a position and am happy for a good ride.

    Sentiment: Hold

  • Reply to

    something up

    by albyh3 Aug 30, 2016 2:10 PM
    kurt49431 kurt49431 Aug 30, 2016 5:37 PM Flag

    There is as of yet no news and I wonder why?

  • Reply to

    Too Many Jobs-Not Enough Qualified Workers

    by palovesr Aug 22, 2016 12:04 PM
    kurt49431 kurt49431 Aug 30, 2016 1:46 AM Flag

    You will have to convince Congress that if an employer wants to import foreign workers they must not pay any less than 5x the Federal minimum wage. That would instill a measure of balance.

    Kurt

    Sentiment: Hold

  • Reply to

    My longest long - NRZ

    by thewisejman Aug 29, 2016 3:48 PM
    kurt49431 kurt49431 Aug 30, 2016 1:29 AM Flag

    Clrodrick likely has had the same problems as I myself have had during the last 6 weeks. The problems are widespread and FSC is one of the few boards that are still active. I know about several boards that used to be very active with many daily posters that have no posts since July. This is sad.
    Kurt

    Sentiment: Hold

  • Reply to

    The flattening of the yield curve

    by thewisejman Jul 4, 2016 4:34 PM
    kurt49431 kurt49431 Jul 4, 2016 9:51 PM Flag

    With several European countries now operating with negative interest rates you can expect a flight to where there still is a possibility to earn money on deposits. With enough funds arriving looking for 5-10 year protection there is a fundamental case for temporary lower long term interest rates. There is always this possibility that the long and short time interest rates will become temporarily inverted. Bad for MREITS. I read an interesting article about a tax dilemma in Denmark where the taxing authorities tried to make up their minds about applying tax on income home owners received on their mortgage loans negative rate. They decided to tax. To call this a prediction of an upcoming recession may be premature but it is always wise to be cautious.

    Kurt

    Sentiment: Hold

  • kurt49431 kurt49431 Jul 4, 2016 4:09 PM Flag

    Naked shorts are in full swing here. DTCC will never reveal the true volume since naked shorting is a major fee generator. SEC records of failure to cover/deliver shows only 3-5% of actual numbers. If a massive number of counterfeit shares can destroy a company into bankruptcy by making the equity essentially worthless for raising funds the owners of these counterfeit shares will never have to cover which may generate enormous profits. I remember a few years ago when the CEO of Overstockdotcom initiated a spirited defense of his company when it became overwhelmed by counterfeit shares but a better illustration is Global Links Corporation where when under a naked short attack an investor Robert Simpson purchased 100% of issued and outstanding shares. He immediately took delivery and filed the forms with SEC that he owned all of the company's stock. Due to value destruction from naked short selling of counterfeit stock he only paid $5205 for all the stock in the company. The share price was $0.00434. The day after he acquired all of the company's stock it traded 37 million shares OTC and the next day 22 million shares all without Simpson trading a single share.

    Kurt

    Sentiment: Hold

  • Reply to

    Weeeeeeeeeeeeeeeeee !!!

    by nomadinx Jul 4, 2016 1:55 PM
    kurt49431 kurt49431 Jul 4, 2016 3:16 PM Flag

    Nomad
    And the point is that your car was not even moving. Stuck again at Hotel California?

  • Reply to

    Spill it, Nomad

    by motleymoron Jul 2, 2016 2:25 PM
    kurt49431 kurt49431 Jul 2, 2016 3:55 PM Flag

    Nomad got stuck in Hotel California and can't get out.

    Sentiment: Hold

  • Reply to

    YUGE job miss

    by marklibera Jun 3, 2016 8:54 AM
    kurt49431 kurt49431 Jun 5, 2016 2:43 PM Flag

    Mark Twain knew what he was talking about when he mentioned "lies, damn lies and statistics". It is easy to keep pertinent facts hidden using statistics. I will give an illustration only example not actual case. If an employer needs 4000hrs/week done by employees to complete weekly workload he could employ 100 workers at 40hrs/week. If he decided to avoid certain Federal and State charges such as Obamacare he could decide to lower the weekly hours to 27 resulting in a total of 2700 hours of work from the existing work force. He would then have to hire additional people to cover the remaining 1300 hours to complete the workload. From a statistics point of view employment has improved fewer people are unemployed but at the same time IRS is collecting less tax revenue since the employees are earning less.

    Kurt

    Sentiment: Hold

  • kurt49431 kurt49431 Jun 1, 2016 3:13 AM Flag

    I don't know about the percentage increase in rape but Sweden has taken in about 200,000 refugees from muslim countries in the last couple of years and problems have escalated. The new arrivals have largely been located into a number of low cost rental housing areas and these pockets of concentration has not only prevented assimilation but created pocket demand for local self rule for these pockets along with sharia law. There have been Swedish women approached by muslim men trying to force them to cover up along muslim traditions. I know of one man carrying a pipe bomb in central Stockholm apparently on his way toward a busy location to create max. damage but the pipe bomb exploded prematurely and the former Prime Minister Carl Bildt said "we were lucky". This man's audi also exploded and additional bombs were found. Sweden has around 8 political parties with enough followers to most of the time be represented in the Swedish Parliament with the dominant party for almost a century the Social Democrats. Sentiments have changed rapidly during the last 2 years and apparently the Moderata party (Conservatives) is now the largest party and will probably lead the government after the next election.

    Kurt

    Sentiment: Hold

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