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Can We Believe Anything Coming From The U.S. Government?
It’s gotten to the point at which, if Obama got on t.v. and stated that the sun came up in the east today, I would have to search the internet to make sure there was not any evidence that it didn’t....
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New Home Sales: Lumber And Houston Are Crashing
As we well know, the media and Wall Street have been pumping this idea, fraudulently, that the housing market is in recovery. As part of this bubble-blowing, the homebuilder stocks have run up to...
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“Thanks For Your Advice To Short Amazon”
I was active on twitter Friday trading Amazon. I had two round-trips between $445 and $450. I’m under water on my core short position but I effectively reduced my cost-basis from the profits I made...
View ArticleThe Financial Markets Are One Big Cartoon Network
It seems to never end. The markets do the opposite of what would be expected based on common sense and on undeniable evidence about the fundamentals. Just this morning, for instance, the S&P 500...
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Valeant (VRX): The Short Seller’s ATM Machine
Valeant stock bounced today on the news that it had completed an internal review of its accounting issues with respect to revenue recognition and did not find any additional problems (Wall St Journal)....
View ArticleThe Financial Markets Are One Big Cartoon Network
It seems to never end. The markets do the opposite of what would be expected based on common sense and on undeniable evidence about the fundamentals. Just this morning, for instance, the S&P 500...
View ArticleClik here to view.
Valeant (VRX): The Short Seller’s ATM Machine
Valeant stock bounced today on the news that it had completed an internal review of its accounting issues with respect to revenue recognition and did not find any additional problems (Wall St Journal)....
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