Using Veritas to Construct the "Per…

29-04-2017 Hits:88603 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:82284 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:82176 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:86672 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:83103 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:85225 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:56329 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:84567 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:84260 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:84119 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:90620 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:88188 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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Quite few people have emailed me asking, some a little less politely than others, how is it I come to the conclusion that XYZ company is insolvent when all of the "highly paid", "professional" analysts and pundits on the street come to a totally different conclusion. Well, , I think we should judge credibility by track record. For those who either forgot or didn't know, I have taken the liberty to compare my record with those of the "Street" just to set the record straight. See Blog vs. Broker, whom do you trust!.

Please click the graph to enlarge to print quality size. 

  image005.png

 I also get emails saying, "You alleged blah, blah about my favorite company, yet I am sitting here with XYZ 10k right in front of me and I don't see blah, blah, yada, yada! How is it that you have the right to spread falsehoods and rumors about so? You should be ashamed of yourself". Well, my friends, just because you don't see something doesn't necessarily mean that it is not there. Often, you have to look past and beyond just a 10k. You also have to scan every word of every footnote. I was challenged by many on my accusations of JP Morgan's solvency, primarily by those who had a problem reconciling the fact that JPM was carrying a much larger amount of NPAs on its books than the 10k's and 8k's apparently stated. Well, they stated just what I said, they just couched the statements in a language that they knew would fly over the layman's head. Well, you can only do that for bust so long before I catch' ya. And voila, these are the last two articles that I wrote concerning JP Morgan over the last 30 days or so! 

 
Of course, paying subscribers are offered plenty of proof to back up my assertions and allegations, but then again, they are paying, aren't they?

pdf  JP Morgan Q408 quarterly valuation opinion - Retail 2009-01-22 08:49:26 79.24 Kb

pdf  JP Morgan Q408 Quarterly opinion with sample trades - Professional & Institutional 2009-01-22 08:48:02 211.69 Kb

 

Well, this is JP Morgan in the news yesterday. Told' ya so! 

JPMorgan warns of more housing woes

CNNMoney.com - ‎21 hours ago‎
The New York City-based bank said "non-credit impaired" loans would suffer in 2009 due in large part to the ongoing decline in home prices across the ...
 
And while we're at it, I posed a warning on GE in the summer of last year (GE: The Uber Bank???). What's the relevance? Well, you should be cognizant of the honest and/or accuracy of management's comments. If I am not mistaken, I could have sworn that I heard GE's CEO sat that he would not have to cut the company's dividend...  Must be me in my old age.
 
From the WSJ: General Electric is cutting its quarterly dividend to 10 cents a share from 31 cents a share, saving $9 billion a year, CNBC reported. The move comes amid a steep slide in the company's stock price. The company's financial services operations have been hit hard by losses and delinquencies during the credit crisis and economic downturn in the past 18 months.

 

Notes:
  1. I will try to post the full Wynn forensic analysis tonight or tomorrow morning.  
  2. I will be raising subscription prices very soon in a move to come closer to (but still undercut) market prices, so anybody who is on the fence should take the plunge now, or face a price increase later on.