Archive for July, 2011

• Default Would Be Much Worse Than Raising The Debt Ceiling
  Posted by kid dynamite on July 31st, 2011 at 5:16 pm, Comments: 0

  I accidentally managed to synthesize my thoughts on the debt ceiling into a short comment on another blog today.  What I wrote was this: “The [...]

• Links From The Past Week
  Posted by kid dynamite on July 31st, 2011 at 9:40 am, Comments: 0

  I sent out many of these on Twitter, but here they are again: 1) Josh Brown: “Traitors” “And finally, to the narrow group of GOP [...]

• Netflix Relief Fund
  Posted by kid dynamite on July 28th, 2011 at 6:03 pm, Comments: 0

  hat tip Reformed Broker: Netflix Relief Fund with Jason Alexander from Jason Alexander   so many great lines: “This is literally the worst thing that [...]

• Let’s Talk About PHYS’s Shrinking Premium to NAV
  Posted by kid dynamite on July 27th, 2011 at 5:10 pm, Comments: 0

  I’ve been very vocal as of late warning investors to be cautious of buying $PSLV – the Sprott Physical Silver Trust – at a huge [...]

• BofA Channels Kramer From Seinfeld: “Write it Off!”
  Posted by kid dynamite on July 27th, 2011 at 9:15 am, Comments: 0

  This Bloomberg article about what banks are doing with excess “unwanted” housing is intriguing: “Bank of America Corp. (BAC), faced with a glut of foreclosed [...]

• Someone Asked Me What I Thought Of The Debt Ceiling Debates
  Posted by kid dynamite on July 26th, 2011 at 8:13 am, Comments: 0

  Look, it’s no secret that I try to avoid writing about politics on this blog.  It’s a subject that I feel very little good can [...]

• Game Theory In Action – Sunpower Tender Offer Dynamics
  Posted by kid dynamite on July 25th, 2011 at 9:44 am, Comments: 0

  I wrote about the Sunpower ($SPWRA, $SPWRB) share class trade a few weeks ago, but I want to travel back in the Market Time Machine [...]

• Eric Sprott Sells Another 1 Million PSLV Shares At A Huge Premium To NAV
  Posted by kid dynamite on July 23rd, 2011 at 9:44 am, Comments: 0

  Ironically, as I was writing the rhetorical question “Ask Eric Sprott Why He Won’t Buy More Silver for PSLV,”  Sprott was out in the market [...]

• Today In Silver Misinformation: David Morgan Swap/Lease Edition
  Posted by kid dynamite on July 22nd, 2011 at 9:26 am, Comments: 0

  ZeroHedge published an excerpt of David Morgan’s interview with Chris Martenson: “I have little doubt that most of the silver that is on the SLV’s [...]

• Where I Puke My Guts Out For Several Hours and Don’t Catch Any Keepers
  Posted by kid dynamite on July 21st, 2011 at 8:56 pm, Comments: 0

  * note:  this post contains a graphic discussion of vomit.  If this offends you, stop reading.   Admittedly,  it’s hard to catch keepers when you’re [...]

• Gone Fishin’ – Caption Contest
  Posted by kid dynamite on July 21st, 2011 at 5:50 am, Comments: 0

  I’m actually going fishing today – out of Portsmouth – we’ll see how that goes…  So I leave you with this picture of Mr. Griffey [...]

• Bizarre Liquor Law of the Day
  Posted by kid dynamite on July 20th, 2011 at 9:22 am, Comments: 0

  Courtesy of the New York Times  (emphasis mine): “Stiff drinks and doubles are illegal in Utah. Bars and restaurants must use meters on their liquor [...]

• Wynn Conference Call Tidbits: Q2 2011
  Posted by kid dynamite on July 19th, 2011 at 3:38 pm, Comments: 0

  As I’ve done in the past, I’m going to go through the conference call presentation and Q&A transcript for $WYNN, since I believe that Steve [...]

• Ask Eric Sprott: Why Won’t He Buy More Silver For PSLV?
  Posted by kid dynamite on July 18th, 2011 at 9:28 am, Comments: 0

  Eric Sprott is one of the leading voices of the silver bull market.  His minions worship him, and lap up his every word. But Sprott’s [...]

• Real Life Inception (or: How I Got The DJ to Play The Humpty Dance)
  Posted by kid dynamite on July 17th, 2011 at 9:50 pm, Comments: 0

  I went to Chicago this weekend for my buddy Scott’s bachelor party.  We had dinner on Saturday night at the Hubbard Inn – a pretty [...]

• Can Your Dog Herd Baby Chicks?
  Posted by kid dynamite on July 16th, 2011 at 9:08 am, Comments: 0

  My dog Oscar is the stone cold nuts.  Never mind his weekly volunteering as a therapy dog at a local nursing home, he’s showing his [...]

• How I Accidentally Became a Goalkeeper Out of Laziness
  Posted by kid dynamite on July 15th, 2011 at 9:07 pm, Comments: 0

  I got an email Tuesday night asking me if I wanted to play goalie for a very good indoor soccer team.  Several weeks ago I [...]

• Sprott Sells More PSLV Shares
  Posted by kid dynamite on July 14th, 2011 at 6:21 pm, Comments: 0

  Unsurprisingly, Eric Sprott took advantage of PSLV’s near 20% premium to NAV to unload some more shares onto the “investors” who are eager to pay [...]

• Sunpower: SPWRA – The Slam Dunk Market Inefficiency Trade You Can’t Do
  Posted by kid dynamite on July 14th, 2011 at 3:41 pm, Comments: 0

  Sunpower has two classes of stock: $SPWRA and $SPWRB.  Later this year, they are planning to collapse the two classes into a single class of [...]

• So, Fed Members Said Some Stuff…
  Posted by kid dynamite on July 13th, 2011 at 6:12 pm, Comments: 0

  In case you were out fishing for the past few days, markets rallied yesterday afternoon and again today (before fading late in the day) on [...]