Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Strategies & Market Trends : John Pitera's Market Laboratory -- Ignore unavailable to you. Want to Upgrade?

To: Elroy who wrote (13242)	6/29/2012 8:41:17 AM
From: John Pitera	Respond to of 33421

I pretty darn confident that he sold them back on 6-22. But he has to make sure that he has the paperwork in the mail and it gets timestamped for that Friday. And since he's got to get the letter legally time and data stamped. He puts that the sale is expected on 6-22 or later. The selling of insider shares of recent IPO have several significant differences, I believe. JP

To: Elroy who wrote (13242)	7/4/2012 2:09:51 AM
From: John Pitera	4 Recommendations Respond to of 33421

non sequiter, I've been working on my sequel to the Credit Default Swaps debacle of 2008..... my first article on the problems that the FED had already figured out back on Sept 15, of 2005..... this next 3 year debacle is going to be much more destablizing. It involved the US credit rating and the fact that when you price all assets you price them against the "risk free" return of US Tbills. when the US slips another rung or two lower on the rating of sovereign debt. Then your benchmark disappears upon which the majority of all other financial assets are priced. You can take all the finance models and 1000 MBA books on pricing financial assets and pretty much chuck them in the garbage. at that point..... the pricing of the entire gamut of financial and other assets is going to need some very bright folks to come up with new methods. This current period of turbulence is cyclically not scheduled to be over until 2017....... so we've got a few more acts to come. I've not seen a single person or article even comment on this. But I know that there are some "longer term" thinkers at some of the big investment banks that must have started to ponder how this will impact the markets and their firms. John