Bob Morris: Investing, tech, coffee.

Joan Jett Barbie Doll. I am not making this up

Bob Morris — Fri, 13 Nov 2009 03:42:11 +0000

Also in the upcoming Mattel “Ladies of the Eighties” series are Debbie Harry and Cyndi Lauper dolls. What, no Cherie Currie???

Happy dogs greet soldiers returning home

Bob Morris — Wed, 11 Nov 2009 19:44:33 +0000

Mental Floss has more videos.

The longest coffee roast ever?

Bob Morris — Tue, 10 Nov 2009 17:20:06 +0000

INeedCoffee documents a 60 minute home coffee roast using a popcorn popper! In the world of coffee roasting, a 60 minute roast is quite extraordinary indeed.

Supercomputing handhelds

Bob Morris — Sun, 08 Nov 2009 03:18:18 +0000

Google CEO Eric Schmidt described his vision of a 100-megabit broadband supercomputer in every pocket.

Schmidt cited an Android application that photographs barcodes, identifies the product, and compare prices online. Another application can take a picture of a menu in a foreign language and translate it.

“The creepiest one of all, take a picture of person — somebody built a demonstration — and we can tell you who that person is,” he said, adding, “By the way, that’s obviously useful if you’re a policeman.”

In a few years we’ll look at our current iPhones the way we view the original PCs now. They were nice for their time, but were toys, weren’t they?

Salsa dancing dog. He’s really good too.

Bob Morris — Fri, 06 Nov 2009 23:10:41 +0000

Goldman Sachs. Greed is good. Jesus said so

Bob Morris — Thu, 05 Nov 2009 18:37:36 +0000

Who knew that greed was good and that’s what Jesus preached? Goldman Sachs does. And wants you to know it.

AIG short squeeze today

Bob Morris — Wed, 04 Nov 2009 04:28:03 +0000

Rumors circulated today that the government would close its ownership of AIG on terms very favorable to the company. The stock spiked, and the shorts got squeezed. It closed up 14% at 389.22

Look, this is a garbage stock. Why it’s at $39.22 and not $7.00, where it belongs and where it was in March, is beyond me.

But that’s what happens when the government backstops a company then blows out the short sellers.

Well, someone started the rumors, tight?

It’s time to trade again. Short CRE

Bob Morris — Mon, 02 Nov 2009 15:51:44 +0000

After several months not trading because the markets seem gamed and were making no sense, I’m starting to trade again. Am focusing on commercial real estate and financials. So far, I have puts on Citi and will probably go long SRS (ProShares UltraShort Real Estate) and short Starwood Hotels (HOT)

Now that’s drunk…

Bob Morris — Sun, 01 Nov 2009 23:51:36 +0000

A woman called police to report that she was driving drunk.

The Fed on CRE. No need to price anything to reality

Bob Morris — Sat, 31 Oct 2009 19:30:49 +0000

From the comments at Zero Hedge about the Fed press release about commercial real estate

I am truly depressed. ONLY the FED could come up with this line:

“In addition, performing loans, including those renewed or restructured on reasonable modified terms, made to creditworthy borrowers, will not be subject to adverse classification solely because the value of the underlying collateral declined.”

Please continue to mark to myth because we said it is alright e.g. continue on with the pretend and extend program.