Archive for September, 2011

• On Bank of America’s Proposed $5 Monthly Debit Card Fee
  Posted by kid dynamite on September 30th, 2011 at 2:32 pm, Comments: 0

  Share on StockTwits So Bank of America has reacted to the new Durbin Amendment by instituting a $5 /month fee for any month in which [...]

• Full Tilt Poker Light At the End Of the Tunnel?
  Posted by kid dynamite on September 30th, 2011 at 11:37 am, Comments: 0

  Share on StockTwits Pokerstrategy.com is reporting that a French investment group, Groupe Bernard Tapie, has reached a deal to buy FullTilt Poker: “This agreement, which includes [...]

• Eric Sprott Sells the Balance of His PSLV Shares (For His For-Profit Funds)
  Posted by kid dynamite on September 30th, 2011 at 8:08 am, Comments: 0

  Share on StockTwits Eric Sprott’s latest 13d filing in $PSLV shows that the funds he manages (for investors, for profit, that is) have sold every [...]

• Merry New Year!
  Posted by kid dynamite on September 29th, 2011 at 8:12 pm, Comments: 0

  Share on StockTwits A “Merry New Year” shout out to all of my readers celebrating Rosh Hashanah:   -KD

• Amazon Launches Kindle Fire – Touchscreen Tablet
  Posted by kid dynamite on September 28th, 2011 at 2:12 pm, Comments: 0

  Share on StockTwits Regular readers will know that I’m a fan of Amazon.com – the company, not the stock ($AMZN) which I do not own.  [...]

• An Innovative Solution From The U.S. Postal Service
  Posted by kid dynamite on September 28th, 2011 at 8:44 am, Comments: 0

  Share on StockTwits (Warning: sarcastic blog post title!) I’ve written previously about the problems that the U.S. Postal Service is facing.  Yesterday, the NY Times [...]

• Why Are You Making Such a Big Deal About Alessio Rastani?
  Posted by kid dynamite on September 27th, 2011 at 10:43 am, Comments: 0

  Share on StockTwits I don’t get this one at all.  This “Alessio Rastani”  video is going “viral” for reasons I cannot understand:   What exactly [...]

• Learn From The Best.. Errr… Well…
  Posted by kid dynamite on September 27th, 2011 at 8:18 am, Comments: 0

  Share on StockTwits In case you didn’t like last week’s post, where Standard & Poors offered their “services” in teaching you how to analyze banks, [...]

• Dear Direxion – You Know What Happens At a BRIS, Right?
  Posted by kid dynamite on September 25th, 2011 at 8:14 pm, Comments: 0

  Share on StockTwits In case you don’t know what a Bris is, let me fill you in:  it’s a little party that Jews have when [...]

• Safe Havens? No Such Thing
  Posted by kid dynamite on September 24th, 2011 at 5:00 pm, Comments: 0

  Share on StockTwits Worth pondering, from GSAM’s Jim O’neill: For many weeks, investors and journalists have been asking for my views on the next safe [...]

• Netflix and the New World Order of Investor and Customer Relations
  Posted by kid dynamite on September 23rd, 2011 at 5:08 pm, Comments: 0

  Share on StockTwits I have no position in $NFLX, and I am not a Netflix customer.  This is not a post to convince you to [...]

• Confirmation Bias Is a Portfolio Killer
  Posted by kid dynamite on September 22nd, 2011 at 1:59 pm, Comments: 0

  Share on StockTwits As markets continue to bubble, boil, roil and toil, I wanted to get back to two key concepts that I think are [...]

• Is Interactive Brokers Trying To Manipulate the Price of Small Cap Stocks Lower?
  Posted by kid dynamite on September 21st, 2011 at 9:53 pm, Comments: 0

  Share on StockTwits Let’s cut right to the chase – that’s a sarcastic, sensational post title.  I DO NOT believe that Interactive Brokers is trying [...]

• Correlation Is Not Causation – In Easy To Understand Form
  Posted by kid dynamite on September 21st, 2011 at 9:18 am, Comments: 0

  Share on StockTwits Kudos to Bryce Elder at the FT for banging out some tremendous Google Correlate charts which illustrate more clearly than any words [...]

• Dept of Justice Calls Full Tilt Poker “A Global Ponzi Scheme”
  Posted by kid dynamite on September 20th, 2011 at 1:14 pm, Comments: 0

  Share on StockTwits via the WSJ: “Full Tilt was not a legitimate poker company, but a global Ponzi scheme,” said Preet Bharara, U.S. Attorney for [...]

• Sprott Officially Joins “Not F*cking Around Crew,” Selling PSLV Relentlessly
  Posted by kid dynamite on September 19th, 2011 at 10:04 pm, Comments: 0

  Share on StockTwits Eric Sprott’s 13-D’s are coming fast and furious now, with the latest filing, today, showing that in the last 5 trading days [...]

• S&P Offers a Course That Should Be Titled: IRONY
  Posted by kid dynamite on September 19th, 2011 at 7:21 pm, Comments: 0

  Share on StockTwits I got this in my email box, and had to laugh:   If taking “Principles of Bank Analysis” from S&P doesn’t strike [...]

• I Strenuously Disagree With UBS CEO Oswald Gruebel
  Posted by kid dynamite on September 18th, 2011 at 1:52 pm, Comments: 0

  Share on StockTwits There are a lot of people out there who deride Wall Street as a bunch of loose cannons gambling with other people’s [...]

• “I Have An Error”
  Posted by kid dynamite on September 16th, 2011 at 9:16 am, Comments: 0

  Share on StockTwits The trading desk I used to work on dealt with size.  If we screwed something up – like sent an order down [...]

• Losing $ 2B Without Anyone Knowing About It Is Much Harder Than You Think
  Posted by kid dynamite on September 15th, 2011 at 2:28 pm, Comments: 0

  Share on StockTwits I’ve written already (both in the SocGen Jerome Kerviel case, and now in the UBS Kweku Adoboli case) that I, as someone [...]