Using Veritas to Construct the "Per…

29-04-2017 Hits:85879 BoomBustBlog Reggie Middleton

Using Veritas to Construct the "Perfect" Digital Investment Portfolio" & How to Value "Hard to Value" tokens, Pt 1

The golden grail of investing is to find that investable asset that provides the greatest reward with the least risk. Alas, despite how commonsensical that precept seems to be, many...

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The Veritas 2017 Token Offering Summary …

15-04-2017 Hits:80095 BoomBustBlog Reggie Middleton

The Veritas 2017 Token Offering Summary Available For Download and Sharing

The Veritas Offering Summary is now available for download, which packs all the information about Veritas in a single page. A step by step guide to purchasing Veritas can be downloaded here.

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What Happens When the Fund Fee Fight Hit…

10-04-2017 Hits:79952 BoomBustBlog Reggie Middleton

What Happens When the Fund Fee Fight Hits the Blockchain

A hedge fund recently made news by securitizing its LP units as Ethereum-based tokens and selling them as tradeable (thereby liquid) assets. This brings technology to the VC industry that...

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Veritaseum: The ICO That's Ushering in t…

07-04-2017 Hits:84432 BoomBustBlog Reggie Middleton

Veritaseum: The ICO That's Ushering in the Era of P2P Capital Markets

Veritaseum is in the process of building peer-to-peer capital markets that enable financial and value market participants to deal directly with each other on a counterparty risk-free basis in lieu...

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This Is Ground Zero for the 2017 Veritas…

03-04-2017 Hits:80971 BoomBustBlog Reggie Middleton

This Is Ground Zero for the 2017 Veritas Offering. Are You Ready to Get Your Key to the P2P Capital Markets?

This is the link to the Veritas Crowdsale landing page. Here is where you will be able to buy the Veritas ICO when it is launched in mid-April. Below, please...

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What is the Value Proposition For Verita…

01-04-2017 Hits:83205 BoomBustBlog Reggie Middleton

What is the Value Proposition For Veritas, Veritaseum's Software Token?

 A YouTube commenter asked a very good question that we will like to take some time to answer. The question was, verbatim: I've watched your video and gone through the slides. The exchange...

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This Real Estate Bubble, Like Some Relat…

28-03-2017 Hits:54226 BoomBustBlog Reggie Middleton

This Real Estate Bubble, Like Some Relationships, Is Complicated...

CNBC reports US home prices rise 5.9 percent to 31-month high in January according to S&P CoreLogic Case-Shiller. This puts the 20 city index close to an all time high, including...

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Bloomberg Chimes In With My Warnings As …

28-03-2017 Hits:82353 BoomBustBlog Reggie Middleton

Bloomberg Chimes In With My Warnings As Landlords Offer First Time Ever Concessions to Retail Renters

Over the last quarter I've been warning about the significant weakness in retailers and the retail real estate that most occupy (links supplied below). Now, Bloomberg reports: Manhattan Landlords Are Offering...

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Our Apple Analysis This Week - This Comp…

27-03-2017 Hits:82194 BoomBustBlog Reggie Middleton

Our Apple Analysis This Week - This Company Is Not What Most Think It IS

We will releasing our Apple forensic analysis and valuation this week for subscribers (click here to subscribe - lowest tier is the same as a Netflix subscription). As can be...

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The Country's First Newly Elected Lame D…

27-03-2017 Hits:82062 BoomBustBlog Reggie Middleton

The Country's First Newly Elected Lame Duck President Will Cause Massive Reversal Of Speculative Gains

Note: Subscribers should reference  the paywall material here for stocks that should give a good risk/reward scenario for bearish trades. The Trump administration's legislative outlook is effectively a political desert, with...

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Sears Finally Throws In The Towel Exactl…

22-03-2017 Hits:88119 BoomBustBlog Reggie Middleton

Sears Finally Throws In The Towel Exactly When I Predicted "has ‘substantial doubt’ about its future"

My prediction of Sears collapsing once interest rates started ticking upwards was absolutely on point.

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The Transformation of Television in Amer…

21-03-2017 Hits:85974 BoomBustBlog Reggie Middleton

The Transformation of Television in America and Worldwide

TV has changed more in the past 10 years than it has since it's inception nearly 100 years ago This change is profound, and the primary benefactors look and act...

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JP Morgan bought Bear Stearns for $230 something million, about 7% of its closing price Friday, and about 2% of what it was trading for 2 weeks ago. On top of it, this was an all stock deal with the government funding more tha 100% of it (the Fed will be financing $30 billion of non-liquid BSC securities, the back stop that I said would happen).

 To put this into perspective (I'm a NYer, so I am quite familiar with the landscape), the BSC headquarters is worth at LEAST $1 to $2 billion. Between the clearing infrastructure, asset management, structured product assets and real estate, there is at least a $1.5 billion immediate gain here. How much that will be offset by litigation risk is an unknown. The CEO got up on CNBC and clearly told the world that BSC had no problems. Lawyers must be getting a boners in real time.

I will admit to a big mistake that I made. I hedged my gains at $35 Friday to lock in the profts. Those calls are literally worthless now. I shouldn't be complaining since my gains as of this post are averaging over 800% on this trade, it was the largest position in my portfolio, and that was after taking profits last week. Just thought I would be honest and let everyone know that I am far from perfect, thus as I have said so often, no one should be taking anything I say as investment advice. 

Now, as for Monday's trading.... I am not a trader, and I believe in medium to long term investment horizons, but there is a LOT of opportunity to be had here. Lehman is probably going to get a drubbing. Morgan Stanley is being overlooked by the Street. Citibank will get no love. I already covered on WaMu, with all of the opportunities abound, I don't believe that I should be trying to dabble below $10 when I have ridden shares down from last year in the $30's.

I fear Goldman will be seeing a lot of devaluation. Don't forget the companies that we have covered earlier in the blog. There financing is damn near gone. GGP, the builders, etc.

The Fed is working hard to help the country. That is undeniable. They have cut rates, extended financing directly to non-banks, cut more rates - but, and as I thought, the markets are ignoring these actions and driving financials down and  commodities up.

Lehmans asset make up will make it a target in US trading. I will probably attempt to expand my position and will be willing to pay premiums. My small position is quite profitable already. I will attempt to expand the financials on my list in aggregate, and MS (who is my 2nd largest position in the financials) will be expanded as well.