June 05, 2009 –
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RELATED TICKERS: YTEC
, COGO
I know that after an awful 2008, Chinese stocks have been on a tear. There's still take to find greatly undervalued cash-rich companies, especially if you're not afraid to buy OTCBB issues. For instance, YTEK, a microcap IT provider for Chinese banks, is selling for a 0.65 PEG.
December 12, 2008 –
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RELATED TICKERS: GM
, F
, AXL
This bailout stalling in the Senate is political histrionics and no more. I'm buying GM, F, and AXl at the open. A bailout will pass, if not now, then a little later. This is money laying in the corner waiting to be picked up.
November 25, 2008 –
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RELATED TICKERS: GM
, F
Sal: "Tom, can you get me off the hook? For old times' sake?"
Tom: "Can't do it Sally" - Tessio and Tom, The Godfather
First of all, let me say that my brother is an autoworker, so I'm not completely impartial.
I shall try to ignore their three private jets, or their false concerns about safety(who would recognize these men that would want to kill them), or the alarmist tenor of their rhetoric. Try as hard as you can to stomach the fact, that only Nardelli would work for $1 a year.
To quote Tom Hagen from The Godfather yet again, "don't get personal. Keep it business." [more]
November 19, 2008 –
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RELATED TICKERS: FXI
, SPY
, EEM
In these videos, Jim Rogers gives his two cents to The Financial Times about the latest goings on in the financial world. If you've been following him for some time, there is little here that is new. He is his usual misanthropic, insightful self.
November 19, 2008 –
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RELATED TICKERS: ROB
Robert Frank, author of Richistan and the WSJ's Wealth Report blog, is reporting that the wealthy men are cutting back on their payments and gifts to mistresses. Does this mean I should short ROB.
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