Sol Rosenberg

47 Comments

    • ON: Sat Sep 20th 02:42 AM
      Commented on:
      Short Ban: Government Policy Created Too Hastily
      ResourceWise: Yes, it's always "temporary". Just like FDR's "emergency" ban on the private ownership of gold was "temporary". It only lasted 40 years or so.

      As for the value short selling adds to the marketplace, there are boatloads of academic studies explaining the value. It facilitates price discovery which is one of the basic functions of a market.

      Regardless, it's a simple matter of property rights. If I own a stock I should be able to loan it to whomever I please. Property rights have long been under attack in the US, so this is nothing new, but it's just one more step towards banana republic land.

      Note that none of the above applies to naked shorting, which is simply fraud.
      View article »
    • ON: Sat Jul 12th 01:20 AM
      Commented on:
      Interactive Brokers: There's Still Money in Financials
      Any idea how IBKR has weathered the huge daily drops in FRE, FNM, and LEH? Options market makers try to be delta neutral, but delta neutrality doesn't protect against huge price gaps.
      View article »
    • ON: Sun Oct 28th 01:37 AM
      Commented on:
      Crude Oil Reaches $92
      All of you peak oil dead-enders need to read up on the Russian-Ukrainian theory of where oil comes from.
      View article »
    • ON: Thu Sep 13th 02:21 AM
      Commented on:
      Qualcomm Loses Again
      More good news for San Diego real estate.
      View article »
    • ON: Tue Sep 11th 02:49 AM
      Commented on:
      Greenspan Seemingly Suffers From Acute Amnesia
      Crazy Al should just go quietly into the night and hope Bernanke gets the blame. Nothing he says now can help him.
      View article »
    • ON: Tue Sep 11th 02:42 AM
      Commented on:
      Blackstone Buys 20% Stake in State-Owned Chinese Chemical Producer
      Haha, this is hilarious. Blackstone charging the Chinese government 2 and 20 to buy companies they already own!

      These sovereign wealth funds are going to be a hoot to watch. Fools and their money...
      View article »
    • ON: Sat Sep 1st 23:41 PM
      Commented on:
      Bonds, Commodities Fare Best During This Pullback
      The fact that bonds went up is amusing. The Fed is openly inflating and people want to lock up their money at a fixed return for 20+ years?
      View article »
    • ON: Tue Aug 14th 17:24 PM
      Commented on:
      Did the Elimination of the Uptick Rule Contribute To Recent Market Declines?
      If naked short selling is non-existent, why are there so many stocks on the Reg SHO threshold lists?

      And how exactly are the "rest of us" paying the price because of the elimination of the uptick rule? The uptick rule was completely arbitrary. Arbitrary rules that prevent legitimate transactions just make the market less efficient. Econ 101. Sorry if you were profiting from the less efficient market, but it's time to find a new strategy.
      View article »
    • ON: Mon Aug 13th 04:49 AM
      Commented on:
      The 'Plunge Protection Team' Working Overtime: A Play-By-Play
      The cash never has to "go missing." The Fed is printing it (digitally) out of thin air. It will show up in inflation down the road.
      View article »
    • ON: Sat Aug 11th 18:12 PM
      Commented on:
      Donald Trump - Bah Humbug! Buy, Buy, Buy!
      Can you explain exactly how "inject[ing] reserves into the system" "bring[s] inflation expectations to very attractive levels"?

      The new money has to go somewhere.

      The fact is both Trump and Bernanke are inflationists. They just disagree on how quickly to debase the dollar.
      View article »
    • ON: Thu Aug 2nd 23:17 PM
      Commented on:
      Sinking Dollar Presents Great Currency ETF Opportunities
      FX is the largest, most liquid market in the world. How can one realistically hope to generate alpha in that environment?

      In the end all fiat currencies are going to zero, it's just a question of the relative rates of decline.
      View article »
    • ON: Thu Aug 2nd 23:06 PM
      Commented on:
      Currency Harvest ETF Vulnerable to Yen Rally
      Watch out for the steamroller when picking up nickels in front of it.
      View article »
    • ON: Fri Jul 27th 18:45 PM
      Commented on:
      Blockbuster, Netflix: Competing For a Losing Spot
      "Companies ... already have similar services lined up."

      You forgot to mention Peekvid, TV Links, etc. But they're not publicly traded (yet?).
      View article »
    • ON: Sat Jul 21st 01:32 AM
      Commented on:
      Dow Jones Director Affair: China's In a Quandary
      "Privately, they are probably not too impressed with the short term money grab that this really is."

      About 95% of economic activity in China is a short term money grab.

      I'm sure they're shocked, shocked that a Chinese businessman is corrupt.
      View article »
    • ON: Wed Jul 18th 19:20 PM
      Commented on:
      Commodities ETFs Protect The Little Guy
      Another option is EverBank's MarketSafe CDs. FDIC insured 100% principal protection and upside linked to any appreciation in the underlying index. Right now they're offering Gold and Silver. In the past they've also offered the DJ-AIG Commodity Index.

      www.everbank.com/001Ce...

      I have no association with EverBank, other than as a satisfied customer.
      View article »
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