Wednesday, 14 January 2009 04:00

666: That's the sign of your big broker giving you bad investment advice!

666. That's the sign of the beast. It's also representative of that big bank that is buying that other big bank's brokers. They put a sell out on HSBC. That's cool! I agree, except for the fact that it is over 6 monts late, nearly 60% in value decline later (not quite, but it does fit into the catchy title), and the last 6 is the IQ of anyone who leaves their money with these buffoons. I know that's a little harsh, but come on now. I warned explicitly (as in 20 pages explicitly) back in August. January 75 puts were trading at $6.99, now they are about $33.50. Whose money am I taking? Morgan Stanely clients, that's who! The same can be said for Bear Stearns, Lehman, GGP, GS and even Morgan - the riskiest bank on the Street. I had sell and collapse (that's right, I told you that Lehman and Bear would fail at least 3 to 6 months before hand see research & performance) calls on these stocks early last year while these brokerages were pushing buys and holds. Come fellas! Now that I think of it, buffoon is really not that harsh. For more on this, see Super Brokers form to push Super Broken products to make those with High Net Worth Super Broke!

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A glance at HSBC - Did the market miss this one?
(Archived/Reggie Middleton's Boom Bust Blog/MyBlog)

I have started looking into HSBC. The bank has significant exposure to risky assets and incurred huge losses in the personal finances division in the US last year. Despite this, there has not been mu
Monday, 07 July 2008

1. Part one of three of my opinion of HSBC and the macro factors affecting it
(Archived/Reggie Middleton's Boom Bust Blog/MyBlog)
HSBC Holdings, one of the largest global banks, has remained relatively unaffected by the ongoing credit turmoil and housing downturn in the US until now. The bank has outperformed its peers, most of
Thursday, 14 August 2008

2. HSBC 1H 08 results update
(Archived/Reggie Middleton's Boom Bust Blog/MyBlog)
Decline in net income HSBC’s net income fell 29% y-o-y to US$7.72 billion (or US$0.65 per share) in 1H 08 from US$10.9 billion (or US$0.94 per share). The bank’s prof
Thursday, 14 August 2008

3. LTTP (Late to the Party), pt 4
(Reggie Middleton's Boom Bust Blog/MyBlog)
From Bloomberg : HSBC Holdings Plc, Europe’s biggest bank, may seek to raise about $14 billion as increasing bad-loan provisions erode profit, CLSA Asia-Pacific Markets said.
Tuesday, 16 December 2008

4. The name brand contrarian plays have bore sweet fruit
(Archived/Reggie Middleton's Boom Bust Blog/MyBlog)
For those who were doubtful of my research and stated positions in the big name brand banks, I think a recap is in order. I have taken strong bearish positions on a few of the most revered name bran
Monday, 10 November 2008
Last modified on Wednesday, 14 January 2009 04:00