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Krypton
83.798 g/6.022x10^23



Registered: Nov 2003
Location: Texas

quote:
Originally posted by Shakka
That is somewhat refreshing. Read David Einhorn's book--I believe this could be the next Enron. It really sounds like a ponzi scheme.


Yes, I'de always be wary of a company which pays a 14% dividend yield, yet has no profit. That itself has shadiness written all over it..


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Old Post Jun-11-2008 05:04  Korea-Democratic Peoples Republic
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Capitalizt
Supreme tranceaddict



Registered: Feb 2005
Location: USA

quote:
Originally posted by Krypton
Yes, I'de always be wary of a company which pays a 14% dividend yield, yet has no profit. That itself has shadiness written all over it..


I personally consider any dividend yield over 8% extremely shady and unreliable. As tempting as those 9%+ yields are, they aren't worth the risk in my opinion. Those companies are likely in financial trouble, and could cut the dividend or post a huge loss at any moment.

Old Post Jun-11-2008 07:43  United States
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Kinezi
Supreme tranceaddict



Registered: May 2008
Location: Location

quote:
Originally posted by atbell
You're ignoring political risk. BP just got rammed by Putin and as the price of the black stuff goes up it becomes more and more tempting for countries to nationalize.

As the value of oil aproaches the value that people put on thier life things start getting uggly. Of course you have to remember that in the countries that have oil life is cheap. I know someone who's life was traded for a camera. (ie. the camera bought his freedom.)


+1

I realised that after reading your post..

Old Post Jun-11-2008 10:18  United States
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mndeg
;0



Registered: Aug 2002
Location: IL, United States

all but the energy sectors got destroyed today


___________________

soulful/latin/deep house + jazz

Old Post Jun-12-2008 03:14  United States
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jerZ07002
Supreme tranceaddict



Registered: Dec 2006
Location:

quote:
Originally posted by Capitalizt
I personally consider any dividend yield over 8% extremely shady and unreliable. As tempting as those 9%+ yields are, they aren't worth the risk in my opinion. Those companies are likely in financial trouble, and could cut the dividend or post a huge loss at any moment.


or, if you know what you are looking for, the high dividend yield can mean the stock is undervalued.

Old Post Jun-12-2008 04:43  United States
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Shakka
Supreme tranceaddict



Registered: Feb 2003
Location:
Another one bites the dust

The hottest CFO on wall street has fallen on the sword. Einhorn called you out and he was right.




Old Post Jun-12-2008 14:14  United States
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jerZ07002
Supreme tranceaddict



Registered: Dec 2006
Location:
Re: Another one bites the dust

quote:
Originally posted by Shakka
The hottest CFO on wall street has fallen on the sword. Einhorn called you out and he was right.






how does a lawyer become the chief FINANCIAL officer of a company? there are tons of qualified accountants in the world to do the job.

Old Post Jun-12-2008 15:25  United States
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Shakka
Supreme tranceaddict



Registered: Feb 2003
Location:
Re: Re: Another one bites the dust

quote:
Originally posted by jerZ07002
how does a lawyer become the chief FINANCIAL officer of a company? there are tons of qualified accountants in the world to do the job.


A pretty face, a sacrificial lamb.

However, myriad articles have been written asking the same question you just asked. I guess the answer is that most accountants are ugly.

Old Post Jun-12-2008 16:26  United States
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Kinezi
Supreme tranceaddict



Registered: May 2008
Location: Location
Re: Another one bites the dust

quote:
Originally posted by Shakka
The hottest CFO on wall street has fallen on the sword. Einhorn called you out and he was right.






Hedious.

Old Post Jun-12-2008 17:22  United States
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jerZ07002
Supreme tranceaddict



Registered: Dec 2006
Location:
Re: Re: Re: Another one bites the dust

quote:
Originally posted by Shakka
A pretty face, a sacrificial lamb.

However, myriad articles have been written asking the same question you just asked. I guess the answer is that most accountants are ugly.


you should see some of the young female auditors at the Big4 accounting firms in NYC - Damn!!!

Old Post Jun-12-2008 17:25  United States
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Shakka
Supreme tranceaddict



Registered: Feb 2003
Location:
Re: Re: Re: Re: Another one bites the dust

quote:
Originally posted by jerZ07002
you should see some of the young female auditors at the Big4 accounting firms in NYC - Damn!!!


Our auditors hail from Filthydelphia...needless to say, they wouldn't make the Lehman JV squad. NYC demands hotness from most of its women.

Old Post Jun-12-2008 17:49  United States
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jerZ07002
Supreme tranceaddict



Registered: Dec 2006
Location:
Re: Re: Re: Re: Re: Another one bites the dust

quote:
Originally posted by Shakka
Our auditors hail from Filthydelphia...needless to say, they wouldn't make the Lehman JV squad. NYC demands hotness from most of its women.


haha....while certainly easy on the eyes, i don't think many of auditors in the Big4 NYC offices would make lehman's pep squad (intellectually )

Old Post Jun-12-2008 18:06  United States
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