Relying on Seeking Alpha for credible information is tantamount to women seeking advice from Bill Cosby to what wine they should drink.
Does this guy have no shame? Why isn't Greek hiding deep in a cave with a bag over his head opposed to pumping Sprint non-stop? It is on thing to be wrong but to the degree and consistency of Greekmonster is truly monumental.
Locked and loaded! Anymore calls from your broker you would like to share Finster? How about a margin call?
The collapse of China will bring Apple shareholders to their knees in the very near future. I see $70 a share in the next 6 months.
The depression brought a lot of pain, unemployment, bread lines et cetera but I don't recall citizens locking their children and pets away? Nor from what I read was it a bloody affair where the population felt the need to load their weapons. You seem to be rather confused.
Up until this point Central Bankers globally have gotten away with murdering the free market, the price discovery mechanism via their unprecedented money printing, QEs, extend & pretend, backstopping all toxic debt, et cetera but the recent events in China must be very worrying for Yellen, the boys on Wall Street, the criminal money center banks.
I find it more than humorous and highly hypocritical pundits are being critical of China's govt intervention to halt their recent stock market slide, stating equities are no longer a market but a govt program. China's policies to a large degree are no different than what Japan, Europe, the United States have been employing for years now. There is no free market anywhere on the globe! The question has always been how long can this Ponzi scheme last, what will finally be the catalyst that sends this house of cards falling? I think we finally have the answer in the unraveling in China, the commodity collapse worldwide.
Why did China's stocks plunge nearly 9% last night? How can that be with the govt promising it will prop up the market? In the past these type of proclamations led to huge stock gains, more celebrations. Maybe this time the market is finally stating it has had enough and if this is true what are the implications globally? Is the Central Banker's medicine no longer working, has it been over prescribed? Have debt levels finally reached the breaking point?
We have already seen what Fed zero rate policy has done to the commodity sector, the severe misallocation of capital, creating devastating overcapacity and now the collapse. Commodity reliant economies Russia, Brazil, Australia, Canada, Chile, Argentina, getting hammered. What other entities will suffer the same fate in the near future? Junk debt? The emerging markets? How about stocks globally? And if we do see the dominoes fall how acute the pain with this much debt globally?
Keep a close eye on Junk Debt ETFs, a good one to monitor is symbol JNK, a very good barometer when this global Ponzi scheme orchestrated by Yellen & company, the criminal money center banks, collapses. Thus far junk debt, even though down quite a bit the past few months, it has yet to fall off a cliff, which I suspect it will in the coming months. Over 20% of the junk debt market composed of commodity related companies.
A rising greenback will push commodity driven economies such as Brazil, Russia, Australia, Canada et cetera into deep recessions in the near future. The unraveling of China, which is a certainty, will add significantly to the downward pressure. Eventually this coming debacle will be reflected in the debt market which will lead global equities severely lower.
I foresee entire debt laden countries defaulting before this fiasco is over. Take the appropriate action and short the major stock indexes. The fun has yet to begin, just wait until all these hyped bank stocks take a hit. JPMorgan, Wells Fargo, Bank of America could fall 30 to 40% in the next 12 months.
PUMP AND DUMP!
Commodities, commodity driven economies, the emerging markets and their multi trillion greenback debt holdings, U.S. multinationals, cannot afford a stronger dollar, yet Yellen will have to throw fuel on the fire with a rate hike due to employment figures, spiking the dollar even higher. A real Catch 22 for the boys and girls over at the Fed. Remember, history has proven, the majority of emerging market calamities all began with a spiking greenback, this time it will occur with record levels of debt. Ask yourself how might I profit from this very troubling situation? Short the major indexes.
Of the unfortunate BTU cheerleading trilogy known as Finster, Rail and History, I find History to be the most intransigent when it comes to maintaining fixed falsed beliefs even when confronted with the facts. I can excuse Finster somewhat for his bonehead antics, he is just a punk kid doing what punk kids do on message boards. Rail receives a free pass due to medical issues, but History is worthy of all criticism for his endless, misinformed, misguided, inane commentary concerning the direction and merits of BTU.
It is one thing to be wrong but to the degree History has been on this subject the past 36 months is truly monumental. My take is History was stopped out or sold the majority of his BTU position quite some time ago, and is simply a fixed resident of this hell hole for social or political reasons. No one could possibly be so casual, cavalier, shameless if they had truly ridden this PIG down from previous lofty levels holding any type of credible position.
As far as BTU presently, I don't see much of a point shorting a stock trading at these levels, the easy money was made many months ago, for the reasons I stated at that time, all of which came true. BTU probably does possess some type of temporary floor due to their present debt cycle obligations but this only temporary and eventually BTU files for some form of bankruptcy.
I fully understand your resentment History, I would be quite angry with myself if I was you also, but try to move on, and try not to be so myopic. My advice lately has not been about BTU but very troubling macro issues that one can profit from, which will could very well offset BTU losses.
You know T's earnings have already been leaked to the likes of Goldman Sachs and they are trading on that information.
People are getting sick of Yahoo's tactics! Endless Ads made to look like legitimate stories, Kardashian BS nonstop! No surprise the stock is down!
Yet continues the onslaught of brainless hype?! Has he no shame? Not a good idea to invest in a company losing large sums of money each qtr, cash flow falling off a cliff, debt rated JUNK, and is stupid enough to enter into a price war with companies with better networks and much deeper pockets.
How many accounts does Mr Icahn have on Yahoo!? So many angry thumbs downed! They all must be so terribly upset like me for being a brainless sheep.
Yes, it must be Carl! Mr Icahn is giving me the thumbs down! But I don't care, he cost me a lot of money!
Oh no somebody did not like my post and thumbs downed me! He must be very upset like me!
I realize now I am just an Apple dweeb with no friends. The only reason I purchase Apple's overpriced products is because the employees clap for me when I walk out the store! What a pathetic, brainless sheep I am! Apple TV, the incredibly ugly watch, the music store, all colossal failures! And who replaces their iPads these days? Apple can't live off the iPhone forever, cheaper competition heating up, not to mention the Chinese economy is falling off a cliff...Will Mr. Icahn refund my losses?