The Position MakersThe Position MakersWe are a group of six individuals who love to watch and comment on current trends and conditions in Wall Street. Every day we discuss current events that have to do with the market. 
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We have been away, Sorry!
2008-05-30 08:48:00 To all of our readers: We have been extremely busy working on our real-life stuff, you know, the stuff that pays the bills. We will start posting again in the very near future. Look out 2008!
Should Nintendo List the ADR on a Real Exchange?
2008-04-29 18:30:00 i’ve been wondering if US shareholders of Nintendo (NTDOY.pk) should seek Nintendo management to list the company on a reputable exchange. as a benefit to shareholders: increased liquidity — being listed on the pink sheets means that many brokerage firms have limited access to the markets making it difficult to execute buy/sell orders. ... More About: Retail , Exchange , List , Real
My Business Model for Investing: Covered Calls or ?always profitable? (at
2008-04-03 04:16:00 so i had the unique pleasure of being contacted recently via gmail through the finance.google.com forums. the person who contacted me was curious about options and how i use them. i’m not sure if there was a single post that caught his eye or a series–forgot to ask. probably for the best. i spent the ... More About: Business , Money Management , Investing , Calls , Model
Gold hits $1000, Oil hits $110, Dollar hits Low?
2008-03-13 17:50:00 It is seriously amazing how predictable things are when you take a step back and look at the big picture. Do you guys remember my post on January 2nd of this year speaking about Gold , Oil, and recession? If not, go ahead and read it (Oil hits $100 a Barrel, Gold hits $850, Dow Drops?). ... More About: Finance , Inflation , Dollar , Banking
Mashables: Firstlook/3TIER maps the power of clean energy resources
2008-03-05 01:09:00 keith johnson over at environmental capital of the WSJ points us to the services of Firstlook, a new mashable combining atmospheric data with google maps. and the result is AMAZING. i’ve been a big fan of alternative energy for years; being immensely curious about the potential of starting an energy production company, i was always dismayed at how difficult it is to quickly get estimates for power-production (how can i calculate #s without a basis in input figures?). actually getting site assessment is extremely clostly and Firstlook eliminates a lot of the intial grunt work, especially for entrepreneurs (or even environmentally conscious consumers) looking to compare regional advantages of solar over wind. keith says that the company’s goal is to provide wind-farmers more information that can leverage their power-production efforts to be more valuable, essentially by providing them models for how “dry” seasons will differ from “wet,” making a... More About: Power , Resources , Energy , Clean , Maps
Is the great depression coming again? Watch this!
2008-03-04 00:52:00 Take a look at this CNN interview with John Williams from LiveLeak.com: More About: Watch , Depression , Great
Managing Your Money Online - Be Frugal, Hack Your Money!
2008-03-03 18:34:00 I have been doing some extensive research online as to how to better manage your finances. I have personal and business bank accounts, credit cards, stock accounts, car payments, bills, and so on. So, my mission was to find the right tools online that would help me keep organized, know how much I am spending, and help me be more frugal with my money. Everything from keeping a daily budget log to viewing all of your accounts in one place and even discussing your finances with other individuals, it’s all here. Here are my results: Yodlee - Yodlee is probably the most established account consolidation software on the net. You enter in all your bank, credit card, bill, travel, and other financial accounts, and you see all the data on one page. BudgetPulse - BudgetPulse has the ability to have multiple accounts, track money, and plan budgets. The system provides you with analysis, charts, reports, and RSS feeds with your data. “BudgetPulse, acts like pulse to show our health ... More About: Money , Hack , Online , Frugal
New Energy Bill — End the BS, Republicans. It’s time for a c
2008-02-29 01:23:00 “When our constituents ask us to do something about gas prices, they don’t want us to raise them,” Mr. Herger said. “Yet by increasing taxes on U.S. energy manufacturers by more than $17 billion, this bill creates a significant disincentive for domestic production, decreasing our energy security and increasing our over-reliance on uncertain foreign supplies.” i’m getting sick of the BS. seriously. “decreasing our energy security”? “increasing our over reliance on uncertain foreign supplies.”? common…just last week Krugman was saying we were no more dependent on oil today than we were in the late ’70s and now we have Republicans claiming that shifting energy policy to renewables is going to cause an increase in reliance upon foreign supplies? i guess he didn’t take the time to look at the situation from a non-biased, informed perspective. i guess he also[convienently] forgot about our war in the middle east…oh... More About: Energy , Time , Bill
If Nader were president, would the markets crash?
2008-02-27 01:42:00 as you [should] know, nader has thrown his hat back into the ring and is running for president again (3rd time). nader has a track record of fighting for the consumer, the little guy, the families forgotten on the tarmac to riches and a higher standard of living. as readers of the blog know, i got really excited by obama. i’ve since had time to look over his voting record and of course check other sources. aside from the fact that having a black man running for president being quite the accomplishment for a still-subtly racist society is pretty exciting, i’m not sure i see myself putting the check next to his name…not now that nader’s back in. i was emailing my friends just last week (”way before” the announcement) that if nader runs i’m going to abandon the obama-drum-beating and go with my gut and vote nader. i have one friend in particular who was shaking his head in dismay that i was supporting a dem…i can’t honestl... More About: President , Markets , Crash , Nader
It’s Entrepreneur Week At Stanford
2008-02-25 20:42:00 i was going through my drafts–i have a bunch of posts that i kill half-way when i think they won’t appeal to anyone but me–when i realized i never published this! well, it’s not too late: if you’re going to be in the San Francisco Bay Area (and stanford-palo alto specifically), then feel free to stop by the stanford campus for entrepreneurship week. here’s the link to the site and calendar of events. i’m aiming to get down tomorrow (tuesday) for the mixer and the panel discussion afterwards, so long as i’m not too hungry and follow my bodily demands rather than intellectual… i did attend the mixer last year as well as a couple of lectures, and took the opportunity to discuss where people are in the process of developing their pet-projects. a pretty good time as well as very educational. More About: Entrepreneur , Week , Stanford
Did Krugman go nuts or just misspeak?
2008-02-22 18:59:00 in his op/ed piece yesterday, krugman had a few comments on the economy. since krugman is an economist, i typically gain quite a bit of insight from his commentaries–check out his blog from time to time if you don’t already! yesterday’s piece still has me wondering about a few things: That said, I don’t believe we’re really facing anything comparable to 1970s stagflation. For one thing, we’re less dependent on oil: America has more than twice the real G.D.P. it had in 1979, but consumes only slightly more oil. i’d have to see some real figures before i’d buy this. our imports are still really high and increasing. lots of goods coming from asia among other areas. does this comment take into account the oil required to ship those products to america or is he just measuring our “at the pump” consumption? along the same vein, is he including the oil needed to ship our oil to the US? the following graph shows a double in oil imports fr... More About: Nuts
hahaha, comic strips that explain things are funny?
2008-02-20 22:57:00 thanks middle class millionaire for posting this comic. aside from being really funny, i think it illustrates a few major problems within the financial industry. specifically, we’re not as transparent and investor friendly as government and policy officials would lead us “average joe’s” to think. i have no idea what the solution would be. regulation ... More About: Funny , Comic , Finance , Comic Strips , Banking
Closed-Cycle Gasoline Use?Is it really viable?
2008-02-20 18:02:00 not sure if anyone’s seen the article in the NYTimes today. here’s the gist: The idea is simple. Air would be blown over a liquid solution of potassium carbonate, which would absorb the carbon dioxide. The carbon dioxide would then be extracted and subjected to chemical reactions that would turn it into fuel: methanol, gasoline or ... More About: Energy , Cycle , Infrastructure , Gasoline , Closed
Copper demand continues to rise, indicating a healthy world economy right?
2008-02-20 06:06:00 being invested in SouthernCopper (PCU), i can’t help but notice the precipitous climb back to the triple digits. i figured some of it was to get in on the div, which for this quarter was dropped to $1.40 per share, but the x-date is long gone. i also thought it may have to ... More About: Economy , World , Bullish , Healthy
IndyMac?s letter to the shareholders: ?We?re undervalued by 50%?
2008-02-13 05:16:00 first off, thanks to calculated risk for bringing the letter to my attention.my initial reaction is that it’s fine for the CEO to be writing this letter and it’s at an important time the company history. many of the criticisms on calculated risk are defensible, particularly when they call into question the “awareness” of ... More About: Finance , Shareholders , Banking , Letter , George Soros
IndyMac?s letter to the shareholders
2008-02-13 05:16:00 first off, thanks to calculated risk for bringing the letter to my attention.my initial reaction is that it’s fine for the CEO to be writing this letter and it’s at an important time the company history. many of the criticisms on calculated risk are defensible, particularly when they call into question the “awareness” of ... More About: Finance , Shareholders , Banking , Letter , George Soros
Where?s the product your company sells on the adoption curve?
2008-02-11 19:55:00 Yesterday there was an interesting op/ed piece from W. Michael Cox and Richard Alm, both prominent members of the Federal Reserver Bank of Dallas. The two economists were examining income flows for Americans and essentially making the claim that the income gap between the top earners and the lowest earners wasn’t indicative of the standard ... More About: Adoption , Company , Energy , Tech , Product
Retirement
2008-02-07 20:00:00 many sheeple blindly sock money away in their 401k?s and ira?s without putting much thought into what their hard earned money is purchasing. when the market is down, they say, they are long term investors. they spend hours researching what the best $100 blu-ray player they can buy for their money, and almost no time ... More About: Retirement , Tire
Deflation
2008-02-06 19:54:00 it’s important to distinguish between the effects of inflation/deflation and relative exchange rates. the us dollar has been on the decline relative to other world currencies but during the recent january rate cuts, it has been relatively stable http://quotes.ino.com/chart/?s=NYBOT_dx so you’re right, the us$ has less purchasing power overseas and we import some of our goods ... More About: Gold , Dollar , Deflation
Yahoo! and Microsoft: A Marriage of Losers
2008-02-02 02:23:00 i know, i’m probably going to be handed my head on a platter for something like that but i really can’t help thinking how stupid this marriage would be. and at the price!!! eek! the basic buffett sentence, “I am willing to pay $31 for each share of Yahoo !, valuing Yahoo! at ... More About: Marriage , Microsoft , Bearish , Losers
My head is spinning with all the news
2008-02-01 04:13:00 so what was the headline that greeted me this morning when i visited finance.google.com for the first time (i visit often)? What The…?!? Garmin Enters Cell Phone Market With iPhone Look-Alike i was of course intrigued. i was then very scared. garmin was taking a big step into uncharted territory. but then i thought, “but yeah, they’ve ... More About: News , The News , Spinning , George Soros , Alan Greenspan
Why I?d go to Starbucks but Never Buy Their Stock
2008-01-30 20:42:00 so, there was an interesting piece in the New York Times today. here. before getting into it, a bit of a back story on me: i’m a total coffee snob. i use to work at a coffee shop called Late for the Train in flagstaff, az. i started working there shortly after coming back from germany ... More About: Retail , Starbucks , Stock , Bearish
Qtrax Screen Shots - Free Music Downloading Software
2008-01-29 08:07:00 So I finally got my hands on the Qtrax.com software (download here). Not sure if they are opening the download of the software once in a while, but I got an account and the software now. As of right this moment, I am testing out my first song download. No luck. It seems that Qtrax ... More About: Software , Screen , Music , Free Music , Free
Qtrax.com Free Legal Music Downloads goes live
2008-01-28 17:44:00 Qtrax.com has finally released it’s free music download platform. It was finally released and I am signed up. To join, go to http://music.qtrax.com. I see a counter that states “9,695,469″ tracks (songs) are available right now. Along with over 550 users logged in at the moment. I am not sure how to play the songs yet… More ... More About: Music , Downloads , Free , Legal , Live
Qtrax.com set to release at 3am EST 1/28/08
2008-01-28 07:19:00 Here it comes! Get ready everyone. 12am PST (3am EST) release for Qtrax . http://www.qtrax.com/download.php The stock symbol (for those of you who wish to purchase shares) is BLLN.PK UPDATE (1/28/2008 8am) - Software has not yet been released. Let’s see how it goes today. The stock took a hit, but climbed itself back up to over $0.07. ... More About: Music , Release , Bullish
Qtrax to offer over 25 million Free & Legal Music Downloads
2008-01-27 23:13:00 I came across some wonderful news this weekend. Seems like free music download site Qtrax.com is finally set to release. The basic concept is allowing people to download and share music and charge advertisers for the ad impressions and song downloads, then share the ad revenue with the music labels and musicians (simply, a targeted ... More About: Music , Downloads , Free , Network , Legal
Wow, the Wii just gets cooler and cooler
2008-01-24 04:30:00 i’m getting too excited right now and probably shouldn’t be posting until i’ve calmed myself a little. a friend sent me an email w/ a youtube link for the following vid: if you’ve seen the whole thing then you already know why i’m so excited: there’s tons more growth within the market that Nintendo created for itself by ... More About: Wii , Bullish , Cooler
Bank of America Affirms Dividend Policy
2008-01-23 22:21:00 the money gardener tips us that Bank of America (BAC) is going to keep the dividend policy in place, baring any further unforseen developments–which could very well happen if this happens. (specifically, if “prime” borrows start to default due to similarly ballooning mortgage payments). at 6%+ yield, BAC should be pretty attractive, especially since the housing ... More About: Finance , Banking , Policy , Bank of America
Apple is getting pummeled.
2008-01-23 17:39:00 WOW. Apple (APPL) is down to $134. That’s a far stretch from it’s near $200 high range. OUCH. Was down over $5 yesterday and down another $21 today (DOWN OVER 14% JUST TODAY!). Seriously, that hurts. [8:36am] Update: Down to $130 (Down 16% today!) More About: Steve Jobs , Tech , Bearish , Mele
While you were sleeping?The markets CRASHED
More articles from this author:2008-01-22 08:22:00 Good Morning, Don’t Jump out the window when you turn on your iPhone or CNBC. Do you guys remember my post about betting against the market? Doesn’t look so dumb now huh? read more about the 08 market crash… More About: Sleeping , Markets , Bearish , While You Were Sleeping , Recession 1, 2, 3, 4 |
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