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Special Short Selling Edition!
Tonite I will be on Fast Money on CNBC at 5:00 pm discussing how and when to short stocks !
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UPDATE: Video posted wghen available.
Please use the comments to demonstrate your own ignorance, unfamiliarity with empirical data, ability to repeat discredited memes, and lack of respect for scientific knowledge. Also, be sure to create straw men and argue against things I have neither said nor even implied. Any irrelevancies you can mention will also be appreciated. Lastly, kindly forgo all civility in your discourse . . . you are, after all, anonymous.
"Money is power, & you ought to be reasonably ambitious to have it." —Russell H. Conwell, Temple Univ, 1877
"It's the end of the world as we know it and I feel fine" say the French as consumer confidence in May rose to the highest since Nov '10 as they welcome and get excited about new Pres Hollande. Also, the French 10 yr bond yield touched the lowest on record this morning. June consumer confidence in Germany held at 5.7, just .2 pts off the highest since Mar '11. To the euro bond debate which is now taking on greater rhetoric with those with high bond yields wanting them and those with low ones saying no way, ECB member...
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February 3rd, 2011 at 5:23 pm
Shorting Stocks, What is that?? Sounds Un-American
In other news someone get this man in a position of authority.
“The United States can’t fully recover from the worst recession in decades until hiring improves,” Federal Reserve Chairman Ben Bernanke said Thursday.
February 3rd, 2011 at 5:32 pm
Judging by that banner I’d say Crest WhiteStrips are overbought.
February 3rd, 2011 at 8:28 pm
Off topic, Barry it’s time you started questioning your coal investment.
I just heard Robert Kennedy Jr. on a pod cast.
Gigawatt wind farms can now be built for the same cost as coal power plants.
The energy production cost is 11 cent per kilowatt, in many states the same cost as coal.
It’s time the fossil fuel industry start the transition to “future” technologies. Things are only going to get better for wind, solar and geo-thermal. It’s time shareholders start putting pressure on management to invest in competing technologies before they get Left Behind.
February 3rd, 2011 at 8:30 pm
China also announced an investment in Thorium Nuclear Reactors.
Where is the US nuclear industry?
Do we even have a US nuclear industry?
Is this another technology we will leave to the Chinese to develop. Are we allowing the Oil/Coal Monopoly on the Republican party, destroy all future job opportunities for this country?
February 3rd, 2011 at 9:03 pm
OT:
JimRino,
here: “…Things are only going to get better for wind, solar and geo-thermal…”
something tells me that you’re not referring to..
http://search.yippy.com/search?input-form=clusty-simple&v%3Asources=webplus&v%3Aproject=clusty&query=geothermal+ground-loop+heat+pumps
and, with your other, intermittent, ‘power supplies’, see http://search.yippy.com/search?input-form=clusty-simple&v%3Asources=webplus&v%3Aproject=clusty&query=baseload+electricity+demand
LSS: with today’s inefficient Electricity Distribution & Utilization, if you don’t pay attention to ‘baseload demand’, you’ll wind up freezing in the dark..
February 3rd, 2011 at 9:06 pm
will JPM take a hit, short oppty ?
JPMorgan Execs Were Warned About Madoff: Trustee
http://www.cnbc.com/id/41412058
Looks like JPM will be getting their butts handed to them.
We need Irving Picard to become a trustee for the US Taxpayer to recover the $T’s in fraudulent bailout funds
he is doing for the Madoff victims what SEC and DOJ should be doing for the taxpayers.
February 3rd, 2011 at 9:12 pm
@JimRino 8:28 pm
Off topic, Barry it’s time you started questioning your coal investment.
I just heard Robert Kennedy Jr. on a pod cast.
— reply
The problem is wind doesn’t always blow when the power is demanded — T.Boone Pickens invested $B’s in wind and exited the business in favor of natural gas because of this wind-gen / power demand problem and the fact that the grid transmission lines don’t reach where the wind blows and very costly to build that infrastructure.
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BR: We bought it in the mid $20s, and its in the mid $30s. What is it about this trade you want me to question?
February 3rd, 2011 at 11:52 pm
OK Barry. You open a thread (Egypt) and then put comments off? You did this the other day with the MSFT thread also. Are you making human error or are you playing with our psychology?
February 4th, 2011 at 1:08 am
Agree with HTCMSI
Another log on? And a very confusing one at that.
February 4th, 2011 at 1:36 am
@bob,
I see what he did now. You needed java enabled in order to see the thread. For no script bozos like me it was invisible.
February 4th, 2011 at 8:26 am
Long term coal is dead.
I’d short coal but the time horizon is too long.
Wind does have an infrastructure problem. T. Boon Pickens had special problems with his transmission lines. Was there not concern that the ultimate goal was coal electric power transmission from Mexico?
A wind plant now costs as much as a new coal plant, can be built quicker, and does not require a new supply of coal to be transported and burned every day. The bigger and more diverse the wind farm the greater the constant base load it generates.
You bought coal at a good price, but there’s a long term cap on that price.
February 4th, 2011 at 11:20 am
@BR
my reply was to JimRino who asked the question about coal investments.
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BR: We bought it in the mid $20s, and its in the mid $30s. What is it about this trade you want me to question?
February 4th, 2011 at 1:16 pm
@JimRino, are there any sources you can provide that show that the costs of building wind vs. coal plants? Even if they are similar, since wind is so variable, the resulting cost per kWh is almost always higher for wind.