Lightsquared – some comments
I usually find Senator Charles Grassley's attempts to provoke spats with big-name hedge fund managers tendentious. But in his spat with Falcone and Harbinger he is right on the money. Lightsquared deserves to fail and Grassley knows it.
If you don't k...
Mr Fred allows me a victory lap…
Sir Fred was not a good man -
He had his little ways.
And sometimes no one spoke to him
For days and days and days.
And men who came across him,
When walking in the town,
Gave him a supercilious stare,
Or passed with noses in the air -
And bad Sir Fred...
Does my butt look fat in this?
Kid Dynamite summed up the case for lululemon athletica inc (always spelled in fashionable lower case) very simply. His sister, and presumably many other women, thought the clothes make their butt look good. I gather this is not original - Howard Lindz...
Sky People Fruit Juice and the trials of a short seller
Just a link for today - to Roddy Boyd talking about Kevin Barnes and Sky People Fruit Juice.
Roddy is someone I always read.
If Sky People issue a rebuttal I will - in the interest of fairness - link that as well.
John
Diversions: Wild is the wind
Just had a fabulously productive day at work (meaning I got a long way towards some money-making ideas).
And for that I am happy enough for now.
So I am indulging in diversions:
Tesco – request for comments
The number of problem long investments in my portfolio doubled overnight - from one to two. (We have some small problem longs and some large longs with more minor problems - and some problem shorts but only two largish positions that are doing poorly.)...
The forthcoming irrelevance of the Australian consumer electronics retailers
This is a post aimed squarely at my hedge fund manager readers who regularly ask me what to short in Australia. The most obvious target (in my view) is retailers - and as a taster I start with the big-box consumer electronics retailers.
Australia stil...
Sears Holdings liquidation sale
We have been short Sears Holdings, publicly, albeit in small quantity. Being summer in Australia I did not even look at the market for the last couple of days - but got into work for some congratulatory emails as Sears stock is off very hard on an anno...
Future Joseph Jett traders get a Christmas card from Mario Draghi
Well the Euro fix is in. Whether it works - that is another question. But the fix is this: European banks can borrow unlimited amounts for three years to buy Euro government debt. The debt often yields 5 percent. The money costs 1 percent.
The Governm...
Peculiar goings on at Blogger
This post is a short apology. Somehow yesterday a post I part-wrote in September - left in draft and never finished - got circulated to my email list by blogger/feedburner. It had spelling mistakes in it (it was a draft) but nobody picked up that the e...
Solar panel prices continue to fall
Guidance from Trina and other solar manufacturers was for a wholesale price to be above $1 per watt.
So I got this email from my local supplier today suggesting retail prices far below that:
Dear Client:Just a quick note that Powerark Solar...
The extent of Chinese solar subsidies and their implications
Chinese solar makers are facing a countervailing tariff case essentially arguing that the Chinese Government (through state controlled banks) are subsidizing them. The CEO of Trina Solar (Jifan Gao) was party to a statement (also made by three oth...
