This good advice is illustrated by a few fools (not Fools) who disagreed with me when I criticized FXPE.ob (now FXPT.ob) and compared it unflatteringly to SCU. See the comments on this article on Seeking Alpha. [more]
Things are different this time. That is what I argued in my post on the coming mortgage crisis. Exploding option ARMs will lead to record foreclosures, which will cause house prices to further decline, which will cause many households to have negative equity. Rather than pay mortgages that are larger than house values, people will simply walk away. [more]
If you read the papers and watch the news, you may believe that we are in and have been in a subprime mortgage crisis for the last year or so. That is true. Many pundits are also saying that the subprime crisis is nearing its end. That is also true, to a point. Subprime mortgage troubles will not inflict that much more damage on the broader economy. However, prime and Alt-A mortgages with toxic features will cause troubles that will make the current troubles look like a walk in the park. Furthermore, broad-based declines in housing prices will start to wreak havoc on housing markets across the country. [more]
Herbalife (HLF) has a market cap of $2.7 billion. It is no more than an inherently fraudulent MLM scheme where 99% of its distributors average $60 per year in commissions while 1% profit off of the rest. [more]
Like my new avatar? That is me, dressed as the grim reaper, from a Halloween party last fall. I figure that this is a better avatar for me than flowers considering how much I love going short stocks (here and in real life). For more info on how to get a specialty avatar, see dwot's post on her new avatar.
You should really read his World Beta blog. [more]
Seriously, I need more followers. I feel unimportant with no one listening to me tweet.
For those microcap watchers out there, Pomeroy IT Solutions (PMRY) just got a buyout offer from its founder and largest shareholder. I mentioned I was buying the shares of the company just a couple weeks ago. [more]
The old adage that sex sells may be true, but if an investor wanted to invest in publicly traded peddlers of sex (in all its legal incarnations), that investor would have only a few poor choices. While those choices may soon expand (when Penthouse goes public, as it is expected to do soon), the anti-prude investor should steer clear of this field. [more]
Try it out and see how you like it. Initial impression: easiest to use, though not the most full-featured free stock screener.
I am not one for technical trading, but for a pumped penny stock, the beginning of the end is usually when liquidity dries up. The price will fall a bit and then crash. Feel free to ride MXFD's cottails down for free CAPS points. [more]
Do you know why Specbear could not remain #1? Because his name is Specbear. Enjoy your time at the top, TDRH.