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Wall Street Breakfast: Must-Know Newsby SA Editor Rachael Granby- Bank trio becomes duo. Wells Fargo (WFC) will become the largest U.S. bank by branches with its bid for Wachovia (WB), after Citigroup (C) withdrew from compromise negotiations late yesterday on concerns about the quality of some of Wachovia's assets. Wells Fargo, with a bid valued at $11.4B, expects the purchase to be completed by the end of the year, and denies it will have to absorb assets shakier than originally thought.
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Wednesday, October 15.Bullish Calls:Continental Resources (CLR) -- "This is a remarkable decline. All of the high quality ones are down so much, I can't go against it. This is where you pull the trigger.
3M (MMM) -- The moment this stock starts yielding 5%, I'm a buyer. Until then, keep your powder dry.Bearish Calls:Computer Sciences (CSC) -- This is a company that was going to be bought, but they passed up the chance. Now I don't want to buy it."Email continues...
Annaly Mortgage (NLY) -- I think this is a business model that needs to borrow money. Definitively do not buy."
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Latest Comments75 Comments
Bill Miller's Value Trust Fund Runs Into a Tough Market
CEO Mel Karmazin Buys 2 Million Sirius XM Shares
I can't wait to see what these kids will say to you once this company files for bankruptcy protection. It's gonna be entertaining as hell. LOL
CEO Mel Karmazin Buys 2 Million Sirius XM Shares
There are CEOs who buy stock just for PR...to make morons like you think he has a real reason to buy it. That way he cannot lose right? As well, when you are paying a CEO an INSANE amount of compensation, tossing a few million here and there is nothing. Those shares were indirectly goven to him by YOU GUYS -shareholders.
Face it. This company is finished. It's just a matter of time. I knew a long time ago they wouldn't make it. Only the most brainless people bought this stock - typically the most desperate, uneducated, broke people looking to strike it rich...lol...good luck.
It's both sad and funny to see so many people who know nothing about investments, yet who spend so much time with them. It's really amazing. The worst part for you people is that you don't even realize how lost you are. That's one of the worst things about being ignorant. You don't even realize you are.
Yea SIRIs Q2 numbers can ONLY be positive to Wall Street, just like all of the other "positive" events that have caused the stock to fall...the merger? insider buying? etc.
Listen kids, I'm only going to say this once. Wall Street is only slightly clinging on to the dog until they do the banking business. After that they will drop it like a rock, as it deserves. And guess who will be holding when it tanks?? Suckers.
Sirius Stock Up as CEO Buys Two Million Shares
Now, the fact is that Peter is WRONG. There are CEOs who buy stock just for PR...to make morons like you think he has a real reason to buy it. That way he cannot lose right? As well, when you are paying a CEO an INSANE amount of compensation, tossing a few million here and there is nothing. Those shares were indirectly goven to him by YOU GUYS -shareholders.
Face it. This company is finished. It's just a matter of time. I knew a long time ago they wouldn't make it. Only the most brainless people bought this stock - typically the most desperate, uneducated, broke people looking to strike it rich...lol...good luck.
Satellite Radio Investing Made Simple
Hahahahahahahahahaha..... is what you call a washout. It happens to clean the market of clueless wannabe investors. Once they lose their paper route savings they'll realize you have to be smart to do well investing and they go back to delivering newspapers.
By the way Tyler, I notice as the end approaches for SIRI, you get frantic and post many articles each day. You might try some Xanax.
Satellite Radio Investing Made Simple
#1 Use Tyler as a contrarian Indicator
or
#2 Make things easier and stay out of trash investments with terrible fundamentals and CEOs who give away 50% of shareholder equity to fund their own ridiculous compensation and to has-beens like Stern.
What does it take for you people to realize you're riding a sinking ship??
GE: Insider Buying Makes the Long Case
GE: Insider Buying Makes the Long Case
Citigroup Even More Compelling Now Than 20 Years Ago
As for your blog's diclaimer,"The information contained in this blog is not intended to constitute financial advice, and is not a recommendation or solicitation to buy, sell or hold any security. This blog is strictly informational and educational and is not to be construed as any kind of financial advice, investment advice or legal advice." ..while that may well apply to your blog, even if you add it to your newsletter, it isn't going to prevent you from being sued. When you charge for any type of investment advice, even providing portfolios in a newsletter, you can be sued.
Kirk, for anyone to actually charge money for an investment newsletter without any professional investment experience or training is really a joke. This is especially true when you missed the banking collapse. I hope you don't get sued but if I were you I would shut down your investment service and go back to working in a occupation you were trained for. I would also suggest the M.D. Norman also focus on medicine.
Sirius-XM Combination: A Future Microsoft Acquisition?
Sirius-XM Combination: A Future Microsoft Acquisition?
It's funny to see some of these people think that this article is somehow "thinking out of the box." I would classify it as being written by a 10th grader.
Microsoft would never take a dying company in a dying industry. They learned alot from previous bad telecom investments and they sure arent going to invest in this ancient satelite radio, unless its broadband satelite radio, which is on the way.
'The Time to Buy Financials' Is Still Not Now
'The Time to Buy Financials' Is Still Not Now
YYZ, those without VERY VERY DEEP Pockets should never buy into a panic. Whatyou fail to realize is that we have had dozens of panics over the past years and we are just getting started. So if you plan to buy the "panic" I hope you will have enough to buy all pf the rest opf the panics that will happen over the next few years. Just make it easy on yourself and buy oil and gold. Don't be a fool. Stay out of the financials...now and far into the future. It will take many years for them to get back on track. WAIT AND SEE.
High Likelihood of a Market Crash
Notice when the market sells off the "experts" warn of a crash. Show me guys who told people to sell the market 7 weeks ago when it was 13,100. That is valuable guidance, not some guy who follows the crowd.
Seriously, if you are going to submit a piece, make sure it's worth reading.
Hershey's House of Pain - Cramer's Lightning Round (6/19/08)
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Get-rich quick ads, similar to the messege being delivered by Cramer and CNBC. If the SEC wasn't being paid off by Wall Street, Cramer would be in prison and CNBC would be shut down.
Only YOU can force the media to start telling the truth, stop lying to investors, amd stop creating a casino mentality. CALL or WRITE IN and DEMAND CHANGE. AND Tell SA that you refuse to read any site that supports a stock pumping clueless idiot like Cramer who is wrong much more than he is right.