Fundamental Analysis » 2008 » October

Fundamental Analysis
Fundamental Analisis on time

RSS | Visita nuestra web

The Review - Black Thursday, 24 Oct 1929

Parallels are increasingly being drawn between the Great Depression of the 1930s and the current situation. On Black Thursday, 24 October 1929, the Dow Jones index fell by 12.8%, the largest decline ever until the Black Monday crash of October 1987. By July 1932, the market had lost almost 90% of its value. Umpteen books […]…
Original Source: www.valuestockplus.net

23 October, 2008| Fundamental Analysis | Comments (0) @ 22:43

CNBC Interviews "The Value Kings"

Just when I’m thinking you’ll never see anything worthwhile on CBNC in America, they talk with not one, but three great value investors. And all at the same time.I came across this via Sivaram’s Can Turtles Fly? blog — Charles Royce, Marty Whitman and Jean-Marie Eveillard being interviewed by Erin Burnett. All three gentlemen say historic bargains are around, pretty much everywhere since the market sell-off has been truly global. Whitman and Eveillard are particularly bullish on Japan.
…
Original Source: www.controlledgreed.com

23 October, 2008| Fundamental Analysis | Comments (0) @ 20:21

Always a Bull Market Somewhere

Scott Payton writes in The Spectator about scripophily. “Scrip” is a term for a currency substitute, while “-ophily” is a derivative of the Greek for “love.”‘Whenever there’s a catastrophe on Wall Street, our business just
gets better — because our products become more collectable.’ So says
Bob Kerstein, founder of Virginia-based S…
Original Source: www.controlledgreed.com

23 October, 2008| Fundamental Analysis | Comments (0) @ 19:50

Circus of a Day

The good news is S&P 860 which was the first of our 3 levels held at least today. Can you trust it? Nothing can be trusted nowadays.The bad news is another day of incredible volatility where nothing made sense. We keep saying the volatility is unprecedented but it just keeps getting wilder. Today we moved in a >16% range.9:45 - 11:00 AM (1.25 hours) +4%11:00 AM - 3:00 PM (4 hours) -6.5%…
Original Source: http://feeds.feedburner.com/FundMyMutualFund

23 October, 2008| Fundamental Analysis | Comments (0) @ 13:31

Return to 2002…

On the S&P we have 860, then 840 (the lows earlier this month) and then if that does not hold we look destined to revisit the lows of 2002 which appear to be the 770s. What you can see from this chart is what took 5 years to create, took 1 year to destroy. Fear v Greed. It seems almost certain now considering no one but daytraders even try the long side anymore because a hedge fund can blow up and take the entire market down 3% in a matter of 30 minutes. And it can happen at any moment. What’s disconcerting is one could construe a move to the mid 800s as a triple bottom (if you believe …
Original Source: http://feeds.feedburner.com/FundMyMutualFund

23 October, 2008| Fundamental Analysis | Comments (0) @ 10:35

CNBC: Greenspan "I Was Sorta Kinda Wrong"

Greenspan admits error. Shocking. Self regulation does not work. Shocking. Here is why Mr Greenspan - it goes back to our “heads we win, tails we win” executive compensation system. [Oct 4: Credit Crisis Sharpens Anger over CEO Pay] Who cares about risk when you retire with generational wealth whether you destroy a company or not. Why we are of the belief that the rank and file peons in a company must excel or at least be competent to keep a job and get pay raises, but at the very top echelon one must get extreme compensation even if the job done is a complete disaster (some get paid more in getting fired than staying on!) is beyond me - the best selling job ever done. (aside from that whole bottled water thing) Why one set of rules for 99.9% of people, and another set of rules for the top 0.1% in a company - again, beyond me. …
Original Source: http://feeds.feedburner.com/FundMyMutualFund

23 October, 2008| Fundamental Analysis | Comments (0) @ 10:06

Bookkeeping: Adding to ICON (ICLR)

The action is so random and nonsensical. This Tuesday we wrote about the excellent quarter from ICON (ICLR) - the stock was in the mid $30s. I said I would not buy until it crossed back over $37 as a sign of strength. Well…..the stock is down 17% out of the blue. Now it is down in the mid $25s - losing 25% of its value in 2 days. Excellent….
Original Source: http://feeds.feedburner.com/FundMyMutualFund

23 October, 2008| Fundamental Analysis | Comments (0) @ 8:25

Bookkeeping: Adding to EZCORP (EZPW)

It is very hard to buy anything in this environment where you can be down 20% on any purchase within hours. On TV this morning a CNBC reporter said 2 hedge funds were being liquidated yesterday which caused the meltdown. So right now aside from all the other issues, we are hostage to the hedge fund liquidations - as we have said countless times. The good news is there are only 8000 hedge funds (err, were). So if we lose 2 a day that means in 4000 days we should be fine. Always a silver lining. On a serious note it is just a pathetic state of affairs where companies who execute are treated no different than those that don’t. This 4-6% daily swing action is keeping everyone out because the ability to lose so much money in such a short amount of time makes it not worthwhile to participate. And when you do participate you are just throwing darts since what you buy could be liquidated by a hedge fund within hours. So your odds are no different then a casino - as I’ve been saying over and over. The ultimate in frustration. This is why we continue 1/3rd in cash….
Original Source: http://feeds.feedburner.com/FundMyMutualFund

23 October, 2008| Fundamental Analysis | Comments (0) @ 7:40

Ratings Agency Hearings

We had trouble finding a good video on the hearings… some of the live feed we saw yesterday was pretty brutal for the heads of Fitch, Standard & Poor’s and Moody’s:

To be continued: Alan Greenspan is testifying now… BTW, did you hear that he already told Congress that he is “shocked” at the breakdown in U.S. credit market…. mmm…
…
Original Source: ei-forum.com

23 October, 2008| Fundamental Analysis | Comments (0) @ 7:16

Alliance Data Systems (ADS) Beats Expectations Soundly

Remember we own Alliance Data Systems (ADS) for a non financial, non commodity (i.e. non correlated to the most controversial areas of the market), heavy buyback stock. [Aug 29: Starting New Position: Alliance Data Systems] While these criteria have not protected the stock completely, it’s done better than a lot of things of late on a relative basis as it’s “only” down about 20% from recent peak. With the stock up nearly 6% in early trading, o…
Original Source: http://feeds.feedburner.com/FundMyMutualFund

23 October, 2008| Fundamental Analysis | Comments (0) @ 6:45

Wall Street Journal: Glory Days Fade for US Farmers

Ok I’ll have to take “discredit” for some predictions such as the continuing glory days for US farmers. It looks like times are even becoming tough(er) down on the farm; although I suppose it is all relative. Many are coming off historic boom times and cash flush, so a slowdown from that level would still be positive versus where many in other industries are coming from….
Original Source: http://feeds.feedburner.com/FundMyMutualFund

23 October, 2008| Fundamental Analysis | Comments (0) @ 6:30

Another sign we are near the market bottom

“I am so buried right now with the lower prices compared to what I paid,” he said. “But if I can get what I think is a reasonable amount, I’m going to sell out.”
Investors flee to stock market’s sidelines, no return in sight - MarketWatch….
Original Source: timplaehn.com

23 October, 2008| Fundamental Analysis | Comments (0) @ 5:43

INO.com Platform

For some of you who are more active in the markets, a good source for information and seminars could be the INO.com Platform.
Despite the fact that they are more targeted to active traders in the futures and option markets, they do have some interesting features for more conservative investors or value investors that might want to try some alternative strategies with a small part of their portfolio; in this case, the INO TV service is quite interesting.
…
Original Source: ei-forum.com

23 October, 2008| Fundamental Analysis | Comments (0) @ 4:45

NuVasive (NUVA) Earnings

NuVasive (NUVA) reported earnings last evening, and with all the 1x charges I have no idea how to compare to analysts expectations. Usually analyst expectations are on a non GAAP charges, but if so this means NuVasive reported a 21 cent quarter versus 1 cent expectation - so something seems amiss in the analyst expectations (they must include some of the one time charges). Another small healthcare company who raised guidance… we continue to focus on these companies that are executing - the market could care less. An exercise in frustration; honestly it feels dumb to even report all these great news items from company after company when no one cares about fundamentals anymore….
Original Source: http://feeds.feedburner.com/FundMyMutualFund

23 October, 2008| Fundamental Analysis | Comments (0) @ 4:00

Goodrich (GR) Boosts Qtr. Dividend by 11% and Other Increases

A …
Original Source: feedproxy.google.com

23 October, 2008| Fundamental Analysis | Comments (0) @ 3:30

Cramer: investing in 2009

It’s been a while since we posted anything on Jim! Here is a short but interesting interview where he talks about the kind of companies to look for…. he insists that investors should focus on stocks that have been driven down by forced selling and that have become valuable take-over targets:
…
Original Source: ei-forum.com

23 October, 2008| Fundamental Analysis | Comments (0) @ 3:28

Protect your information on the phone

Can a scam be perpetrated on the phone? Well this can be possible so be aware. Some of the con artists will often send you an email that will tell you to verify your bank account immediately by calling a certain number. If you receive this, better ask questions first because you could be the target of another scammer and you could be calling a scammer. This is now a…
Original Source: networthmasters.com

23 October, 2008| Fundamental Analysis | Comments (0) @ 2:15

Are FIIs really smart?

FII holdings has reduced 7% between Jan-Sep 2008 (from 38% of free-float to 35%); however the value of their holding has reduced 70% most of which is explained by the 50% market fall and 20% INR depreciation.
FIIs had put in almost $67bn in Indian equities during 1993-2007. They have sold $12bn YTD and current worth […]…
Original Source: www.valuestockplus.net

23 October, 2008| Fundamental Analysis | Comments (0) @ 0:52

Sitios de Webalalza

Sites of Webalalza

Categories:

Fundamental Analysis

S	M	T	W	T	F	S
« Sep				Nov »
			1	2	3	4
5	6	7	8	9	10	11
12	13	14	15	16	17	18
19	20	21	22	23	24	25
26	27	28	29	30	31

Fundamental Analysis Fundamental Analisis on time

Sitios de Webalalza

Sites of Webalalza

Fundamental Analysis
Fundamental Analisis on time