December 2006
December 22, 2006 –
If you haven't read Sam Antar's rundown on how he committed fraud at Crazy Eddie's, you should.
(http://www.whitecollarfraud.com/947660.html)
It'll not only change your mind about keeping an eye on cash flows, it'll make the whole "family-owned" thing seem like less of a plus.
December 21, 2006 –
That's how our courts work, which is why Ken Lay's convictions were overturned when he croaked. [more]
December 21, 2006 –
Can you imagine the headlines if that were the case? [more]
December 20, 2006 –
I mean Cramer, but when he writes stuff like this, he deserves everything he gets. [more]
December 19, 2006 –
This is, sadly, Chris Byron's last piece for the post. It should be required reading for anyone who thinks that microcaps are the way to get rich. [more]
December 19, 2006 –
A brief update to my post on finding the right kind of nitwits (to use as contrary indicators). [more]
December 19, 2006 –
Post bubble, we all heard that analysts were walled off from the Investment Banking side of things by the so-called Chinese Wall. [more]
December 15, 2006 –
We could apply it to these gawd-awful rent-an-analysts who pump garbage like this:
http://biz.y...58.html?.v=2
December 15, 2006 –
So, OSTK won't need cash?
Then why go around selling shares below market price?
http://biz.y...ng.html?.v=1
Doesn't take a genius to sell stuff at a loss over the Internet. Takes quite a ringmaster to keep inviting people into this circus, however.
December 15, 2006 –
If you don't read footnoted.org, you should. It's got the Web's best tidbits trawled up from SEC filings. [more]
December 14, 2006 –
Hey! Our index can beat your index! At least for 6 weeks!
In your FACE other indexes!
http://biz.y...2.html?.v=76
December 14, 2006 –
A contender at least.
From ToddTracy on Northworst Airlines:
"Me follow crowd good."
ToddTracy (70.21) 12/13/06 3:11 PM : Underperform
December 14, 2006 –
A few ideas on how to use caps to boost your score. This has long been one of my favorites. It is an idea straight from the caps development team. I won't name names, of course, but it sounds like "Howdy Pardner" and this was the idea: A Nitwit Report. [more]
December 14, 2006 –
Terrible tools of the Oil/Gas/Military/Industrial complex, like Eldrehad and I, have been looking cross-eyed at the "hydrogen" future for quite a while. First off, hydrogen currently used for fuel cell applications comes from where? Oh yeah, that same old dirty oil you toss in your car in a more convenient way now. [more]
December 14, 2006 –
Good on Businesweek for doing a lot to publish the work of Stanford assistant professor Alan Jaolinzer, who's study of more than 100,000 10b5-1 trades concludes that they beat the market by 6% over 6 months, implying that the trades are in fact capitalizing on insider knowledge. That's exactly what they're not supposed to enable managers to do, and removing this problem was the SEC's goal in creating these plans. [more]
December 13, 2006 –
Hey, I didn't say it, the Chair of GlobeTel did. Not in so many words, of course. But read this, and you'll see what I mean. [more]
December 13, 2006 –
Crammer advising retail investors on which IPOs to choose. (The research I've seen shows that portfolios of IPOs nearly always underperform their peers.)
http://www.t...0327521.html
December 12, 2006 –
http://www.n...&emc=rss
Somebody tell me that's not obscene.
December 11, 2006 –
From a guy who does OK at Caps, and takes his lumps... [more]
December 11, 2006 –
Ahh, CEOs... So transparent. So utterly devoid of dignity -- sometimes. [more]
December 08, 2006 –
One of my investing theorems is that CEOs who have time to complain when I write about their overpriced stock are probably worried about their overpriced stock, and not running the business. After all, if their business is great, what does it matter what I think? And if I'm really as big a ninny as they claim in their PR campaigns, why bother trying to refute me? [more]
December 07, 2006 –
My coworkers don't let me take too many bong hits at work. That's how I know I didn't hallucinate this whole thing… [more]