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rffrydr
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 Posted: Tue Apr 24, 2012 9:58 pm Post subject: |
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Checked out the HTC "Dre-touched" One today and can report, HTC is still in the game. The Android focus kept it there.
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rffrydr
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| Posted: Wed Jan 18, 2012 1:57 pm Post subject: |
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Intriguing little idea from the man who's just trying to survive in a "world gone crazy":
http://bankstocks.com/ArticleViewer.aspx?ArticleID=6419&ArticleTypeID=2
I plan to take a deeper look, but right now what's most intriguing are the comments.
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rffrydr
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| Posted: Tue Jan 10, 2012 1:12 am Post subject: |
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It goes at 100....I think I've made my point.
Loosing money might be the only thing worse than hangin' on 'til 200--on a lark.
p.s. It ain't going to 200.
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HenryTo
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Joined: 06 Aug 2004
Posts: 11734
Location: Los Angeles, California
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| Posted: Tue Jan 10, 2012 12:27 am Post subject: |
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Did you not keep the NFLX?  |
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rffrydr
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| Posted: Mon Jan 09, 2012 5:10 pm Post subject: |
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| rffrydr wrote: | Don't know a whole lot about these but can't help but pick up a single lot each of HTC and Netflix today.  |
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rffrydr
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| Posted: Mon Nov 28, 2011 9:51 pm Post subject: |
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Don't know a whole lot about these but can't help but pick up a single lot each of HTC and Netflix today. See the latter for reasons there, and HTC, it should be obvious, is not going the way of Palm, Blackberry, Motorala, Nokia..... And even if it were. Phones are obviously fashion....and need to be traded like that. But, look at Motorla Razor making a comeback with its Android edition. HTC is a primary platform for Android and as such holds keys to the palace. As with tablets, it's not the hardware....it's the system. And Android is that in spades. And the HTC hardware is fine....just being ecclipsed by Samsung.
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rffrydr
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| Posted: Wed Oct 12, 2011 8:25 pm Post subject: |
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Interesting Bloomberg pulls the story: bondholders (Vultures) trying to steer in to BK so sale of Patents comes off all legal ("risks" fraudulent transfer) and money given straight to them.
It ain't pretty, and sorry I'm one tiny part of it. This company can and should keep going.
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rffrydr
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rffrydr
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| Posted: Tue Jul 05, 2011 6:32 am Post subject: |
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Big headline but less than breakeven for many of these trades--and funds:
http://www.cnbc.com/id/43635020
| Quote: | Paulson & Co was a member of a group of Lehman bondholders that filed their own bankruptcy plan for the bank and argued against rival pay-out plans that would have paid bondholders as little as 16 cents on the dollar. The final settlement, at 21.1 cents for the bondholders, was closer to bondholders’ own proposal of more than 24 cents.
The group had pushed back aggressively against the Lehman estate and other creditors, including big banks such as Goldman Sachs and Deutsche Bank, to win a larger share of Lehman’s pay-outs. |
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rffrydr
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| Posted: Fri May 13, 2011 11:38 am Post subject: |
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Alibabba screws Yahoo on AliPay. Close call, I was waiting to put on this trade as time tugged away at the bulls. Looks like there was more to smoke out than I thought. Stick with the "Buy American" theme.
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rffrydr
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| Posted: Tue Oct 05, 2010 7:55 am Post subject: |
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What are the odds the new "living will" regs will do a better job than Lehman? Maybe this is part of the reason they're in there at all:
http://www.bloomberg.com/news/2010-10-05/lehman-sale-blank-check-may-haunt-bankruptcy-judge-in-barclays-deal-trial.html
| Quote: | ...Lehman accuses Barclays of taking a $5 billion “secret” profit on a portfolio of securities it acquired with the brokerage, and of making another $6 billion by writing up business assets, skimping on promised payments and “grabbing” more financial assets belonging to Lehman. Some of the disputed assets were assigned to Barclays in a so-called clarification letter that should have been shown to Peck, Lehman says.
Barclays says it wants $3 billion of assets that were never delivered. Lehman has no legal right to challenge the transaction now because its advisers knew and documented all the details when the deal was struck, and defended it in a higher court when it was challenged, according to Barclays. |
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rffrydr
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rffrydr
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rffrydr
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Location: Sunny California
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| Posted: Tue Apr 06, 2010 5:01 pm Post subject: |
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Update on 3rdAve Focus Fund (Distressed Asset): Nearly doubled their balance sheet Q4'09 and mangaged to underperform basic indices high-yield indices. They shied away from the best advancers in finance and sunk too much into Blockbuster. Like alot of these so-called distressed funds they focused on the "knowledge" of rising engery prices and bought into many of the limited partnerships and such. I never bought any of this.
An excerpt:
| Quote: | ....For many of the Finance sector bonds
that performed well, Fund Management determined there
was not adequate information or transparency available on
specific companies to be able to obtain a high enough
conviction level that there would be minimal downside
risk. These bonds included AIG, ILFC, Rescap, Aiful,
Takefuji, as well as several hybrid/perpetual preferred
stocks of U.S. and European banks.
On the positive side of the ledger, the portfolio benefitted
from solid performance on its largest sector weighting in
Energy, including the securities of Energy XXI, Connacher,
Compton, Antero and Trico. Other investments that
performed well included CIT, Lyondell, Swift
Transportation, Marsico, PREIT and Capmark. The Fund
also benefitted from having nearly no exposure to several
industries that underperformed the market including
Cable, Wireline, Housing, Technology and various
Consumer sectors..... |
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rffrydr
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