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  1. Bowgett

    Citi to take $8 billion to $11 billion in additional writedowns

    Are you seriously thinking Citi can fail? There is no way goverment will let them fail.
  2. Bowgett

    $700 Goog

    http://investor.google.com/releases/2007Q2.html and http://investor.google.com/releases/2007Q3.html look for "Shares used in per share calculation" Q3 shares: 316,576,000 Q2 shares: 315,469,000
  3. Bowgett

    CROX, RIMM and other bubbles

    eBay's p/e is high because they had to write off Skype.
  4. Bowgett

    Short CL @ $95.61

    Is it Oil or Colgate? :) and post stop loss while you are at it too :p
  5. Bowgett

    Bond rally nearing an end?

    Interesting take on why 10y might not approach 4% "Subprime Contagion May Claim 10-Year Treasuries as Next Victim" http://www.bloomberg.com/apps/news?pid=20601087&sid=agC9y13IzHt0&refer=home
  6. Bowgett

    China puts Hong Kong share plan on ice

    China has in effect frozen a proposal to allow mainland citizens to buy shares in Hong Kong, a decision that threatens to undercut the recent surge in the former colony’s equities market to record highs. http://www.ft.com/cms/s/0/4b3556dc-8b01-11dc-95f7-0000779fd2ac.html?nclick_check=1
  7. Bowgett

    Citi to take $8 billion to $11 billion in additional writedowns

    Sell on rumors buy on news on Monday :)
  8. Bowgett

    $700 Goog

    I sometimes use Microsoft's http://www.live.com because they return better results for some queries.
  9. Bowgett

    $700 Goog

    Yup. I am not shorting it but look at the Q3 results: Yes they made $1,069,989,000 ($3.38/share) but at the same time they diluted sharehoders by 1,107,000 shares which is $787,077,000 (at $711). This makes earnings at around $282,912,000 which is just $0.89. That's right just 89 cents.
  10. Bowgett

    What's after the Financials?

    Exactly. Lots of people think this way. Couple of warnings (look at semis for example) and they are done. May be close to january/February though when credit squeeze will start to show up on reports.
  11. Bowgett

    What's after the Financials?

    Tech
  12. Bowgett

    I'm thinking investors should gobble up financials.

    I bought a little bit of BAC. FED will bail them out if something really bad happens.
  13. Bowgett

    Credit card debt is next......$915 BILLION worth

    Credit card debt is much better understood and it is not secured unlike subprime which looks like secured when it is not with falling home prices and 100% LTV.
  14. Bowgett

    Feeding Off the Dead Carcass of Citibank

    Entire US banking system goes down.... So sad
  15. Bowgett

    SEC eyes Goldman Sach's Good Fortune

    Yes - taxpayers :p
  16. Bowgett

    dollar is in freefall - 1.45??

    Who needs dollars?
  17. Bowgett

    GDP at 3.9%, ADP says 106,000 new jobs, construction spending up....

    GDP report is total BS. Look at it yourself: http://www.bea.gov/newsreleases/national/gdp/gdpnewsrelease.htm (scroll to Table 4) Inflation dropped from 2.6% in Q2 to 0.8% (yes below 1% y/y) in Q3! If you use Q2 inflation GDP is 2.1% and if you use Q1 inflation 4.2% GDP is 0.5%.
  18. Bowgett

    Fed news leak?

    No
  19. Bowgett

    Bad Econ Data Might Fuel Fed Cut

    Markets will rally period. 25 or 50. It doesn't matter.
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