The Push for a People’s IPO of GM
If GM stock isn’t offered to US taxpayers, only “fat cats” and brokers will benefit, Cramer said. Original Source >>>
If GM stock isn’t offered to US taxpayers, only “fat cats” and brokers will benefit, Cramer said. Original Source >>>
The president has an opportunity to ensure that it’s not just the “fat cats” that benefit from GM’s public stock offering, Cramer said. Original Source >>>
People are always writing me and asking questions, which can usually be divided into one of two categories. The first category is the one that I call “Is there something wrong with you that you sound/look/appear so stupid/ugly/weird?” (Answer: “Probably”), and the other, smaller category is the one I call “Other.” Most of the questions [...]
It is June on Coronado island and it means one thing…lot’s of coupons and limping. Many of my older friends from Phoenix have made the long 6 hour shlep from the heat in Phoenix to the ‘June Gloom’ of San Diego. To my kids, I am old, but to me, 60 is old … just [...]
I loved Joan Rivers documentary. I remember watching Johnny Carson for years as a kid, at least 35 years ago and I would especially like first time comics. Gary Shandling probably gave the best opening performance I ever saw as a kid. I was not a fan of Joan Rivers. At 18 I was doing [...]
Forget the obvious plays on the People’s Republic and try these less visible ones. Original Source >>>
When a dropped pebble splashes in a pond, the cause & effect does not include psychology. But what if you fail to include psychology in your assumptions about people — specifically the collective mood of people in groups? Original Source
I wanted to save this ‘white paper’ for a weekend when it can be isolated since it’s… Source
I’ve got to admit it’s getting better… A little better all the time. – The Beatles Another Monday…another week… Are we getting better? And what will this week bring? More evidence that things are improving? On Friday we got word that consumer sales had fallen in May…from the month before. That is, they didn’t get [...]
Well, the much-awaited unemployment report came out on Friday. The pundits, analysts, and kibitzers were all waiting. Their mouths open. Their pulses racing. They expected an “I told you so” moment. Bloomberg polled them a week or two ago. The 2000 of them surveyed were overwhelmingly bullish…with the average forecast of a 27% increase for [...]
Well, they don’t make it easy for you. Yesterday, the Dow rose 225 points. Enough to keep people guessing. Enough to keep people in the market. Enough to give the ‘recovery’ spotters something to look at and investors something to hope for. Is the market really headed down…or not? Most likely, yes…it’s a real bear [...]
Futures were down big last night only to rebound this morning and then sell off again. Here’s today’s morning StockTwits buzz: Merger Monday is back but the euphoria associated with it was short lived. It’s the reaction to the news not the news itself. I’m surprised more people aren’t talking about the action in the [...]
It feels like Companies are rushing in the web space. I am not sure if we are rushing because we are nervous of Facebook, nervous of running out of money or the pressure of being the next Twitter, Zynga or now Groupon. Groupon is running fast because of all the ‘clones’ copying him …it could [...]
Most people assume that they are investing in an inflationary world, because that’s what the Fed tells them it’s worried about. But deflationary forces continue to loom even though they are not so visible. Here are five that you might not be able to see clearly… Source
How this Internet giant is laying the groundwork in the People’s Republic. Original Source >>>
Can you still buy a sports car for $10,000? We bought our first real automobile for $78. It was a ’37 Plymouth. Beautiful car. All original. And it ran well…for a while. We were only 16. We didn’t have a driver’s license yet, but we were getting ready. Then, the first real, roadworthy automobile we [...]
It’s getting quite ugly out there in the investing world. Yesterday I tried to draw a line of comparison from the near collapse of Bear Stearns to the problems of the Eurozone… That line became quite a bit clearer yesterday and in the overnight markets… Let’s go to the tape! Well… It was another day [...]
The average American home now has 2.93 TV sets per household, up from 2.86 sets per… Source
I liked how my pal ‘Fly’ summed up today’s market action ‘ Welcome to the Murderhole ‘: Anyone else find it disturbing that Goldman’s personal emails are being broadcasted and published for the world to see? Who the BLEEP do these Congressmen think they are? I know it’s part of the “investigation” at hand. But [...]
When the stock market has enjoyed an authentic rally, the last thing people want to hear is that tough times aren’t over yet… Original Source