Silver as an investment

Category Archives: Corporate Finance

Deutsche Bank Plunges Into Red For 2017 After Dilution, Revenue Warning

After raising capital at a 35% discount over the weekend, Deutsche Bank shares are tumbling once again – back into the red for 2017 – after CEO John Cryan warned that revenue would be "broadly flat" in 2017. As Bloomberg reports, Germany’s biggest bank has seen revenue falling or little changed from last year across […]

Oh Sheet, It’s A REIT (The Coming Crisis)

By Chris at www.CapitalistExploits.at On Wednesday, we took a gander at global real estate and today I’ve got a follow up to that dealing with REITs. My long term buddy, fellow hedgie and confidant Kuppy, who can be found lurking here, shares his thoughts on the US real estate sector and in particular REITs: Him: I think people are […]

Snap Crashes Below $20

Snap Inc shares are now down over 30% from their post-IPO highs, and are breaking below the $20 level on their way to the $17 IPO price. It seems options markets did nothing to slow the selling…     There are no "Buy' reccommendations among the 10 analysts that cover Snap…

Deutsche Bank To Sell $8.5 Billion In Stocks, Announces Major Restructuring

Confirming last week’s report of an imminent share sale, on Sunday the biggest German lender announced it would raise €8 billion ($8.5 billion) in new capital through a rights offering sale of 687.5 million new shares, and sell parts of its asset management business in its latest attempt to shore capital following €8 billion in […]

Wall Street Analysts Throw Up On Snapchat IPO Euphoria

When it comes to sellside opinions about yesterday’s SNAP IPO, there are two camps: those from analysts who belonged to the underwriting syndicate, which for obvious reasons (Goldman and Morgan Stanley were both paid over $20 million for their underwriting efforts) have been broadly positive about the public offering… and those from everyone else. And […]

Goldman Sachs & Morgan Stanley Pull Off the Heist of the Decade, Bends Over Those Who Don’t Read BoomBustBlog

President Obama implemented the Fiduciary Rule, which was supposed to go in effect next month. In short, it says financial advisors and salesmen had to put the best interests of thir clients ahead of thier own interests. In other words, it outlawed blatantly ripping off our clients. Trump came in and halted this, basically ensuring […]

SNAP Initiated With Sell Rating, $10 Price Target At Pivotal

Pivotal Research's Brian Wieser braved the storm today and issued the first "Sell" research on Snap Inc. Snap is a promising early stage company with significant opportunity ahead of itself. Unfortunately, it is significantly overvalued given the likely scale of its long-term opportunity and the risks associated with executing against that opportunity. Significant ongoing dilution […]

A Quarter Of Snap IPO Buyers Agree Not To Sell For One Year

For the latest glimpse of the euphoria in the equity market, look no further than the Snap(chat) IPO, whose order book closes at noon today and is expected to price tomorrow, March 1, after the close. While the initial price range was presented as $14-16, according to Bloomberg orders for the public offering are concentrating […]

9 Lessons From The Reagan Tax Cuts

A close look at the ’86 tax reform shows why tax reform may not get done this year. As BofAML's Ethan Harris notes, "we are skeptical." Significant tax reform creates winners and losers, which may make it hard to find a "coalition of the willing." Via BofAML, Is it a done deal? By some accounts, […]

Squeeze Over? Short-Interest Plunges To 3-Year Lows

"Most Shorted" stocks are crashing today – down the most since Brexit.   Total Short Interest has collapsed from its highest since 2008 (at the March 2016 lows) to the lowest in three years now…   The question is – is there any short-squeeze ammunition left?   Because the whole world is positioned for moar… […]