Showing posts with label high-beta stocks. Show all posts
Showing posts with label high-beta stocks. Show all posts

Wednesday, September 03, 2014

Putin's Portfolio


The strange fits and starts of Russian President Putin's invasion and take-over of the eastern and southern parts of the Ukraine clearly displays his territorial ambitions. However, there is another possible angle to Vladimir's chicanery ... and that might be personal financial gain. Yes, Putin is already purported to be a billionaire, but, as we know, greed has no logical limit.

And yes, I confess to rash speculation in this matter, but could not Putin buy high-beta depressed German and American stocks ... announce Ukrainian concessions ... then sell these stocks at a nice profit ... and then repeat this stock market wrenching behavior all over again. This weird merry-go-round has been repeated so many times over the last six months that I am forced to conclude that Putin may not be just expanding his borders but also his (and maybe others') bank accounts.

Moreover yes, this is a very cynical supposition on what is happening ... particularly since so many Russian and Ukrainian lives are being lost. However, Putin's icy demeanor suggests to me that he is perfectly capable of such an evil calculus.

Perhaps our SEC and the German government might dig into this possibility?

Monday, March 24, 2014

High Flyers


You might be curious as to why the stock market is taking a hit today .... particularly among the high flyers. My best guess: it is because there are 16 initial public offerings (IPOs) coming out this week and I think this selling among the high-beta stocks (Tesla, Facebook, etc.) is nothing more than the raising of capital to buy into these new stock offerings.  If these new IPOs start off with a bang ... which most suspect ... then this will do nothing more than inflate the total capital base of the U.S. stock market.

Unless of course, Russia invades the Ukraine and/or other former SSRs.