OCN reported as follows
* Revenues up 12%
* Earnings down due to change in tax rate from 23% to 34% as well as a $3.3M charge tied to the closure of their loan business (was $9M write off last quarter)
* Servicing $55B loans vs $44B last year same quarter. That is up from $52.8B last quarter

Overall, Ocwen shows strength, and the stock's up ~1% today.

Crossing my fingers on TRID...

4/26/2007 11:43:34 AM

Awww, I hate ending up on the bottom of the page.

4/26/2007 12:07:18 PM

Quote :

"Crossing my fingers on TRID..."

me too

4/26/2007 12:43:28 PM

Quote :

"Any of you guys know if there's a way in Scottrade to tell it that I'd like my dividends reinvested?"

I think scottrade charges you a regular trade (or you have to do it as a regular trade) to have dividends reinvested...

4/26/2007 2:01:27 PM

damn.

CREE is up 12% since I picked it up a month and a half ago, and thats not counting the $0.60/share that I made on puts and calls on it.

4/26/2007 2:01:59 PM

Damn you day traders....too busy to answer my question.



[Edited on April 26, 2007 at 2:39 PM. Reason : ]

4/26/2007 2:38:42 PM

^^ yeah, i think i suggested that one, then didn't sack up and pull the trigger on buying it.

4/26/2007 2:43:46 PM

Back into BIDU at just under $106.

If you guys have some beer money to spare, get in now before close

But don't risk any rent money on it.

4/26/2007 3:51:09 PM

Delta was my worst purchase, ever.
I must get out before it's worth nothing. I've lost like 3823429348923847% on it.

4/26/2007 4:23:23 PM

Quote :

"I think scottrade charges you a regular trade (or you have to do it as a regular trade) to have dividends reinvested..."

If that's the case then it's one spot where my full-service brokerage wins. All my dividends are automatically reinvested free of charge...

4/26/2007 4:26:06 PM

Triple posting for the high score!

A few interesting websites:
http://hipegg.blogspot.com/
http://theantibrokers.blogspot.com/

4/26/2007 4:31:12 PM

^^^ that's something i was wondering today...

who exactly is paying that nickel per share for Delta? I mean, I don't understand how it has any value whatsoever, if the shares are about to be wiped out.

4/26/2007 5:01:11 PM

I suppose now it doesn't matter... Perhaps I can unload my $30 worth of Delta tomorrow on some unlucky sucker.
Then again I was stupid enough to buy it.

Live and learn.

4/26/2007 5:03:14 PM

Should have bought it right after 911 like I did.

4/26/2007 5:04:21 PM

^^ no, if you have shares of it, it doesn't matter. Sell it to anyone who'll ante up for it.

I'm just curious about the economics behind it...why would anyone pay even a nickel per share for it?

[Edited on April 26, 2007 at 5:13 PM. Reason : asdfas]

4/26/2007 5:13:23 PM

http://theantibrokers.blogspot.com/2007/04/why-stock-will-trade-for-when-it-is.html

4/26/2007 5:18:17 PM

^^liquidation of assets?? they may have too much debt though, haven't really looked at it

4/26/2007 6:38:05 PM

i don't suppose any of you picked up BIDU before close?

http://finance.yahoo.com/q?s=bidu

4/26/2007 7:45:13 PM

this is compelling:

Quote :

"Technical Analysis: NEM short-term downtrend (A) has not been able to break support (B) just above $40. When downtrend (A) is broken, expect a violent move through resistance (C) at $50 and a test of resistance (D) at $60. Resistance (C) at $60 will not hold for long. NEM target price is $80."

from: http://hipegg.blogspot.com/


i usually look at the charts and make a decision based on my eyeball analysis. i have never taken time to understand the finer points of technical analysis, but i think its a worthwhile exercise.

4/26/2007 8:00:03 PM

yeah, pretty interesting, those technical/quant. guys have some amazing skills...though i'm not a big follower

4/26/2007 8:05:31 PM

Quote :

"i don't suppose any of you picked up BIDU before close?"

I was too fucking stupid.

4/26/2007 9:21:53 PM

^ wouldn't beat self over it. another time i tried trading BIDU around earnings i got waxed. i've had ups and downs with that one, but i can't seem to quit it. over the life of the relationship, its been net pretty good to me. doubled on the IPO day and whatnot.

4/26/2007 9:29:47 PM

Wow MSFT is up after hours. Not as much as BIDU, but a lot for MSFT.

4/26/2007 10:57:07 PM

^they will be going down though over time, this is just a boost off sales of vista

4/26/2007 11:01:24 PM

Yeah...
I'm happy about XOM.

4/26/2007 11:15:42 PM

Any comments on my post?

4/27/2007 12:27:58 AM

TRID kills earnings but down 4%??????

i don't get it.

just looked at my old friend AKAM again after a few months, and it has really dropped off. it's in the $46 range now. glad i sold when i did.

4/27/2007 8:59:59 AM

VSEA ftw

VSEA 10:50AM ET 67.70 +10.70 +18.77% 4,522,186

4/27/2007 11:06:53 AM

its about to be May.

is it time to sell high and walk away?

4/27/2007 11:50:42 AM

What happens in May?

4/27/2007 1:08:19 PM

^ This is from April 27, 2006 but the point is still valid.

http://money.cnn.com/2006/04/27/markets/markets_feature/index.htm

4/27/2007 1:22:08 PM

So....wait til October to max out the roth?

4/27/2007 1:25:52 PM

Just don't get into consumer discretionary and materials.

4/27/2007 1:33:45 PM

Quote :

"I'm thinking of getting my 07 roth through scottrade and just buying 4K of Vanguard Target Retirement 2050 VFIFX. Thoughts?"

4/27/2007 2:06:48 PM

why don't you just buy the 4k of the vanguard 2050 through vanguard?

btw...it's a good fund. i also like the t rowe price target date funds if you are into that sort of thing.

[Edited on April 27, 2007 at 2:19 PM. Reason : .]

4/27/2007 2:17:25 PM

I already have about 5 accounts, so I don't really want another one. Plus, I will be able to easily buy Fidelity, T Row, or whatever else in the future if I so desire. I just want to make sure Scottrade won't charge me any fees before I get it.

4/27/2007 2:22:36 PM

i really don't know much about mutual fund administrative issues. outside of my 401k, i dont own any mutuals per se.

i'm all about ETFs.

4/27/2007 2:26:42 PM

ah. i've got a brokerage through t rowe. can get most anything i want through there(but not everything). saw something online not too long ago about the webtrade sites with the most funds available. td ameritrade was at the top of the list with over 15000, if you don't already have an account with scottrade you may check them out first. specifically if you're interested in the target date funds check out the t rowe 2040 too (TRRDX). done well for me.

4/27/2007 2:28:15 PM

^ How's QQQQ doing these days?

I am interested in Target date. I think I decided to go with Vanguard b/c of lower fees / expense ratio. Yes, I already have a scottrade account.

[Edited on April 27, 2007 at 2:29 PM. Reason : ]

4/27/2007 2:28:24 PM

QQQQ was my gateway ETF

now i snort a bunch of different ones:

http://finance.yahoo.com/etf/browser/mkt

4/27/2007 2:30:12 PM

Duke, you ever jump into CTSH?

4/27/2007 2:51:55 PM

OMG FORD LOST LESS THAN THEY EXPECTED.

THEY ARENT PLUNGING THROUGH BILLIONS AS FAST AS ANYONE ANTICIPATED!!!

4/27/2007 4:46:13 PM

you're a sports betting man right? you must've heard of spreads and overs-unders.

4/27/2007 4:49:50 PM

PARLAY! PARLAY!

4/27/2007 4:51:32 PM

oh, i understand the people shorting Ford took a big hit yesterday.

I also understand the people still holding Ford should cash out on their winnings now.

Cause that shit is not coming out of the woods by 2009.

4/27/2007 5:00:50 PM

People selling short have been taking a big hit the last 2 months.

4/27/2007 6:17:49 PM

http://tinyurl.com/23elhj
Interesting article...

4/27/2007 6:31:27 PM

Quote :

"Duke, you ever jump into CTSH? "

about a year ago, I bought a very tiny position in it with some of the spare change floating around my brokerage account. it's literally like a couple hundred bucks. it'll be long term by the time i get back from SERE school, and I might just sell it for the 25% return, then jump back in with a "real" position next time it makes a big dip.

Quote :

"^^liquidation of assets??"

i still don't understand why anyone would BUY even a single share of Delta for any price, even a penny.

4/27/2007 6:46:46 PM

I forgot to sell my Delta.
575 shares...worth $10.35.

There's seriously no point in spending $7 to save $10.
This is so sad it's laughable.

In other news GE had a good day.

[Edited on April 27, 2007 at 9:51 PM. Reason : ]

4/27/2007 9:50:42 PM

Quote :

" http://tinyurl.com/23elhj Interesting article... "

I don't like the sound of that.

4/27/2007 9:58:50 PM