Using Veritas to Construct the "Per…

29-04-2017 Hits:93151 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:84456 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:84371 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:88928 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:87414 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:87229 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:58394 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:86757 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:86380 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:86733 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:93017 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:90360 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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The Wall Street Journal has run a story on GGP management and their massive margin calls.

Senior executives at General Growth Properties Inc. built up the mall owner by loading it with debt and amassed their own wealth by borrowing heavily to buy its shares.

Now, both high-risk strategies have come crashing down. General Growth's stock has cratered some 73% in the past year as investors have worried about the company's ability to repay its $27 billion in debt. Since early August, Chief Financial Officer Bernie Freibaum, Chief Operating Officer Bob Michaels and seven other executives have sold a collective 5.6 million of their shares -- for roughly $112 million. Most of those sales were made to meet margin calls, according to Securities and Exchange Commission filings. Others were made to prevent further margin calls during October, when executives' stock trading is prohibited in advance of General Growth's third-quarter earnings report.

For those who are new to the site, GGP was my first major foray into shorting the commercial REITS. The research performed was extensive.

I have another major real estate project coming online soon for subscribers, and I expect it to yield the same results that GGP did (the short position began in the $50's and ended at about $14).

Here is the GGP history for newcomers.


My public postings started with The Commercial Real Estate Crash Cometh, and I know who is leading the way! I have been posting away on CRE ever since. I consider GGP to be (one of the) poster child(ren) of CRE excesses during the credit boom. A summary of some of the anlaysis can be found here: GGP and the type of investigative analysis you will not get from your brokerage house

 Note to GGP management: don't take this personally, but...
(Reggie Middleton's Boom Bust Blog/MyBlog)

...te that was attributed to me sounds a bit callous, and that was not my intention. I truly believe that GGP has some serious issues, but I did not intent to make light of them or belittle them. Just wa...
Friday, 22 August 2008

97. Reggie prepares to throw a bomb into the investment banking crowd
(Reggie Middleton's Boom Bust Blog/MyBlog)
Frank Quattrone, tech company investment banking extraordinaire, shares his views on Wall Street research - and I feel compelled to comment... See NYT article for the full spread (forgvie me NYT, for
Wednesday, 13 August 2008

98. GGP article in Vegas
(Reggie Middleton's Boom Bust Blog/MyBlog)
General Growth faces financial shortfall Mall company delays developments as mounting debt comes due By BENJAMIN SPILLMAN REVIEW-JOURNAL They quoted some handsome fella here.
Wednesday, 13 August 2008

99. And even more on GGP...
(Reggie Middleton's Boom Bust Blog/MyBlog)
This appears to be harp on GGP insider sales day. First a comment frrom a BoomBustBlogger, then my own observations: From a blog reader - VP sells 50k shares, then CEO buys 10k shares VP
Tuesday, 12 August 2008

100. Even more margin calls at GGP?
(Reggie Middleton's Boom Bust Blog/MyBlog)
Jean Schlemmer, the Chief of Corporate Development at GGP, has just dumped 50,000 shares @ $27.29 (totalling just under $1.4 million), a full 25% of his/her total holdings in the company. My assumpti
Monday, 11 August 2008

101. GGP Margin Calls: this is just the beginning!
(Reggie Middleton's Boom Bust Blog/MyBlog)
I'm sure most of you who follow GGP have heard about this by now, but I am here to give you a different perspective. First, let's look at what just happend... From the WSJ: A steep decli
Sunday, 10 August 2008

This is a continuation of GGP and the type of investigative analysis you will not get from your brokerage house, basically an update to include the latest earnings information. And yes, this is st
Wednesday, 06 August 2008

GGP Shenanigans?
(Reggie Middleton's Boom Bust Blog/MyBlog)
According to Reuters, GGP said on Wednesday that funds from operations rose 8.4 percent, in part from the acquisition of a former partnership. Second-quarter funds from operations, or FFO, were
Wednesday, 30 July 2008

105. Citi and Wachovia downgrade GGP, after a 50% drop in price
(Reggie Middleton's Boom Bust Blog/MyBlog)
Citi and Wachovia downgrade GGP after it gets cut in half. Great job fellas! Unfortunately, I couldn't afford to be a client of yours. I just don't have the money to spare. For those new to the site
Thursday, 31 July 2008