Recapitalize the banks!
Central banks (both the Fed and the ECB) are ‘considering’ rate cuts, but they cannot even enforce their own interest rates in the money markets, as these soar again. Anyway, […]
Some of these guys just don’t get it..
Markets are powerful and potentially very useful institutions, and the belief in ‘free’ markets is especially strong in the US. But the issue what matters is not whether markets are […]
It’s getting ever more difficult to borrow shares for shorting..
Shorting shares is becoming more difficult with the SEC waking up from a long stupor and lending shares being hampered. From the WSJ.
Accounting our way out of the mess..
The SEC is slowly waking up to what has been going on and moving another inch. This time on an accounting rule that according to some, has played an important […]
Congress decides it is worth risking depression
Martin Wolf of the Financial Times , who invariably produces stuff of the highest quality (this one is no exception), here in defence of a weak plan, and the dire […]
Research update InterOil from Monness Crespi Hardt & Co. Inc
Another analyst bullish on InterOil. It’s not hard to understand why…
Bail-out failure no reason to panick
Not everybody agrees that the bail-out plan was about ‘price discovery’ (as Paul Krugman argued) and it’s failure is a disaster. We don’t agree, but the article makes a few […]
Another fast grower nearing its IPO price of years ago
Trina Solar (TSL) went to market for $18.50 a share in December 2006. Since, the company has grown way in the triple digits and shows good profitability. Yet, we’re really […]
Some market irrationalities: eFuture’s back to IPO price
Stockmarkets can be cruel and irrational. Here is a company that is profitable, has lots of cash on its books and has grow at near triple rate. Yet it’s shares […]
Short positions, even intra-day, have to be disclosed
The plot thickens. We could soon know which funds are short in InterOil. They are likely to be the same that have sold 3.6M shares nakedly short. We might not […]