Richard Wendling

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    • Sun Nov 30th 05:21 AM
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      Rating: +3 -1
      Commented on:
      Pre-packaged Bankruptcy Is GM's Only Option - Barron's
      The $70 dollars an hour is an accurate number. No the employee's making the vehicles don't make that much but when you factor in health care costs, retirement, insurances, vacations, bonuses and the like this is where the $70 number comes in. Its not a real number as far as payout is concerned, but it is a real number when factoring in the cost of labor to the price of a vehicle. I worked in the auto industry for 33 years and that's how I know.

      Richard
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    • Sun Nov 16th 10:09 AM
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      Rating: +2 -3
      Commented on:
      GM Bailout Would Be Agony for Taxpayers
      While I agree that they are a dinosaur, the majority of the money difference, (i.e.) $40 an hour is what is currently referred to as legacy costs, (i.e.) retiree health care and pension benefits. While current investors and paid pundits say to hell with those 700,000 individuals on retirement and their high benefits packages remember, those individuals worked for 40 years earning those benefits, and they were not getting the massive wages that the workers now day's are. once those costs are passed on to the union in 2010 the per hour rate will drop sharply.

      If you want to make cuts, one cut managements salaries and stock options and two, cut workers pay down to the $17.00 an hour rate that the so called foreign companies are paying their workers now.

      Richard
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    • Mon Sep 29th 05:10 AM
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      Rating: 0 0
      Commented on:
      Dividends: A Bright Spot In a Bleak Time
      Remember dividends can be the first thing that gets cut in distressed times. For more information my thoughts about the market in general click on my site and read the free reports on the reports page. It costs you nothing except the amount of time it takes to read the reports and any other related articles on the site.

      Richard
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    • Thu Sep 25th 05:23 AM
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      Rating: 0 0
      Commented on:
      AIG: Details of Its Punishing Bailout
      Yes they are going to have to issue more stock thus diluting your shareholder value by that percentage of new stock. Since they are getting 80% and AIG was at $5.00 you will lose $4.00 in value and the stocks real value will drop to around $1.00.

      For more information on my thoughts on AIG click on my web link and go to the free reports page. There I have my thoughts on this stock and others. I costs you nothing except the time it takes you to read the report and any other information you find interesting.

      Richard
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    • Sun Aug 31st 10:00 AM
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      Rating: 0 0
      Commented on:
      Dow 'Dirty Dozen' Offers High Yields and Good Value
      Remember the most important point of high yielding stocks. Dividends are the first thing to be cut in troubled times for the markets. Look at GM, C, WB and others for example, all of whom slashed or eliminated their dividends. All these issues are being manipulated.

      For more information click on my web link and read how it is done.

      Richard
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    • Sun Aug 31st 09:56 AM
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      Rating: 0 0
      Commented on:
      Variant Perception: Sears Holdings and Financials
      With SKF the financial stocks that it has in its portfolio that it is shorting are all poised for a major decline. Yes others are shorting them but with the massive write downs that they all must incur along with the large amounts of new capital they must raise either by sale of assets or issuance of new stock, the stocks prices have to be diluted and must then fall in price to accommodate said dilution.

      For more information on my thought's for the future of not only some of the issues in SKF's portfolio but also the direction that the DJIA will be taking in the coming months click on my web link and read the information on these issues.

      Richard
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    • Sun Aug 31st 05:29 AM
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      Rating: 0 0
      Commented on:
      Lehman Follows Good Bank/Bad Bank to Redemption
      He also forgot to tell investors what a hit they will take to their stock price in LEH when this $60 billion is cut from the heart of the company. Whether good or bad banking that is still a massive deduction from the core of the companies assets. I would expect its stock to fall to below the $10 level. For more of my views on this company and where it is headed click on my site.

      Richard
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    • Fri Aug 29th 17:11 PM
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      Rating: 0 0
      Commented on:
      The Most Essential Secret to Successful Investing
      And your patience will be rewarded again if you invest now. The financial's will again be hammered in the near term. Check my site for more information.

      Richard
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    • Fri Aug 29th 05:20 AM
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      Rating: 0 0
      Commented on:
      FDIC's Watch List of 'Problem Banks' Keeps Growing
      Your article is exactly right. You however are a little light on your highs. If the market falls as much as I anticipate, (IE) on my web site, this issue could rise well over the $300.00 level before the middle to end of October.

      Richard
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    • Tue Aug 26th 05:16 AM
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      Rating: 0 0
      Commented on:
      Dividends Show Differences Between Financials
      Dividends are also the first thing to be cut as these supposed pillars of strength falter. These issues will all be dropped as the market continues to deteriorate to the 9,200 levels. For more information click on my site link.

      Richard
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    • Sun Aug 24th 15:53 PM
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      Rating: 0 0
      Commented on:
      Richard X. Bove on Lehman: An Assault on Reason
      You forgot the other possibility that Fuld might know that this company will be moved dramatically higher after the bad news is washed through the system early next year. Being a director on the board of the Bank Of New York which sets Fed policy he knows the ins and outs of what the Fed and the Specialist System have in store for this company.

      For more information on how it all works click on my site.

      Richard
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    • Sun Aug 24th 12:13 PM
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      Rating: 0 0
      Commented on:
      Revisions Ratios Help Uncover Hidden Gems
      Unfortunately the stocks that you have listed as staying wary of are the very issues that the specialists on the floor of the NYSE want to accumulate the most for their own personal long term investment accounts before propelling them dramatically higher.

      For more information on how and why they are doing this click on my site and read the documentation on how it all works, and the reports I have issued on some of these issues listed above.

      Richard
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    • Sat Aug 23rd 15:01 PM
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      Rating: 0 0
      Commented on:
      Witnessing the Biggest Transfer of Wealth in History
      You forgot the most important people in the banking scenario, the specialists and their system. They are working in accord with the Federal Reserve to manipulate the banking industry and brokerage system lower. Remember that Lehman's is run by a man who is board member of the Bank Of New York. He is a voting member and the Fed will do all they can to protect him and his company. For more information on how they are all tied together go to my site and read about how the system manipulates the market place for their own profit at the expense of the investor and read my reports on Lehman's and others.

      Richard
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    • Sat Aug 16th 16:59 PM
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      Rating: 0 0
      Commented on:
      Lehman Looking To Exit Real Estate
      Once those sales are completed for penny's on the dollar the specialist who runs this issue will drop the stocks price below the $10 level in order to shake out investors and accumulate massive amounts of stock for his own personal long term investment accounts. Once that is completed he will move his issue dramatically higher.

      If you are wondering how this happens click on my site and read the reports and documentation on both this stock and the specialist system as a whole. You will be amazed at what is being done in the background of the Exchange.

      Richard
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    • Sat Aug 16th 12:43 PM
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      Rating: 0 0
      Commented on:
      Which Banks Will Survive?
      Being a DJIA component and having a boat load of bad paper on their books and coming due in the coming next two quarters AIG is in perfect position to be manipulated lower by its specialist in order for him to accumulate massive quantities of stock at the lows for his personal long term investment accounts before launching this issue dramatically higher along with the rest of the DJIA next year. For more information on how this happens and what my opinions are on this issue click n my web page and read the reports issued on ths and other companies and how the specialist system cheats investors on a daily basis of their hard earned monies.

      Richard
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