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	<title>Comments for Guzzo the Contrarian</title>
	
	<link>http://guzzothecontrarian.com</link>
	<description>One Man's Quest to Conquer the Markets</description>
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		<title>Comment on Pinnacle West Redux by Guzzo</title>
		<link>http://guzzothecontrarian.com/2008/10/11/pinnacle-west-redux/comment-page-1/#comment-5362</link>
		<dc:creator>Guzzo</dc:creator>
		<pubDate>Wed, 01 Sep 2010 18:09:34 +0000</pubDate>
		<guid isPermaLink="false">http://guzzothecontrarian.com/?p=1625#comment-5362</guid>
		<description>Sold my entire position today at $40.95/share. PNW has a very good yield that it pays out to shareholders and I would have continued to let my investment grow, but I need the cash right now and it was priced right for a good return on my investment.

Because I invested through a DRiP account, reinvesting the dividends, I haven't fully calculated my profit yet. However, it should be around a 35% return on my investment.</description>
		<content:encoded><![CDATA[<p>Sold my entire position today at $40.95/share. PNW has a very good yield that it pays out to shareholders and I would have continued to let my investment grow, but I need the cash right now and it was priced right for a good return on my investment.</p>
<p>Because I invested through a DRiP account, reinvesting the dividends, I haven&#8217;t fully calculated my profit yet. However, it should be around a 35% return on my investment.</p>

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		<title>Comment on Market Sentiment by Guzzo</title>
		<link>http://guzzothecontrarian.com/2010/08/24/market-sentiment/comment-page-1/#comment-5361</link>
		<dc:creator>Guzzo</dc:creator>
		<pubDate>Fri, 27 Aug 2010 21:31:57 +0000</pubDate>
		<guid isPermaLink="false">http://guzzothecontrarian.com/?p=15087#comment-5361</guid>
		<description>Anyone wonder why there was such an overabundance of negative market sentiment in the media lately?

Could it have been because people in the financial industry stood to gain by manipulating your fears and uncertainty, and wanted you to panic and sell? Could they have been betting against the market?

You decide.

News from &lt;a href="http://www.reuters.com/article/idUSTRE67I1MJ20100827" rel="nofollow"&gt;Reuter's.com&lt;/a&gt; has it that the market staged a comeback because of SHORT COVERING and news from the Fed Chief that they will take steps to prevent the economy from faltering.</description>
		<content:encoded><![CDATA[<p>Anyone wonder why there was such an overabundance of negative market sentiment in the media lately?</p>
<p>Could it have been because people in the financial industry stood to gain by manipulating your fears and uncertainty, and wanted you to panic and sell? Could they have been betting against the market?</p>
<p>You decide.</p>
<p>News from <a href="http://www.reuters.com/article/idUSTRE67I1MJ20100827" rel="nofollow">Reuter&#8217;s.com</a> has it that the market staged a comeback because of SHORT COVERING and news from the Fed Chief that they will take steps to prevent the economy from faltering.</p>

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		<title>Comment on Pinnacle West Redux by Guzzo</title>
		<link>http://guzzothecontrarian.com/2008/10/11/pinnacle-west-redux/comment-page-1/#comment-5353</link>
		<dc:creator>Guzzo</dc:creator>
		<pubDate>Fri, 20 Aug 2010 07:12:37 +0000</pubDate>
		<guid isPermaLink="false">http://guzzothecontrarian.com/?p=1625#comment-5353</guid>
		<description>After PNW reaching a new 52-week high this week, and now that Vanguard offers $7.00 trades, I went ahead and closed out my DRiP account and moved my shares into my VBS account.

Absolutely no complaints about the process. BNY Mellon shareholder services sent me the certificate for my shares within just a few days. I couldn't believe how fast they did it. I was expecting at least a couple of weeks turnaround.

Although it took just a bit longer, I also received a check today for the partial shares, and was only charged FIVE CENTS for the whole process. Great job BNY Mellon!</description>
		<content:encoded><![CDATA[<p>After PNW reaching a new 52-week high this week, and now that Vanguard offers $7.00 trades, I went ahead and closed out my DRiP account and moved my shares into my VBS account.</p>
<p>Absolutely no complaints about the process. BNY Mellon shareholder services sent me the certificate for my shares within just a few days. I couldn&#8217;t believe how fast they did it. I was expecting at least a couple of weeks turnaround.</p>
<p>Although it took just a bit longer, I also received a check today for the partial shares, and was only charged FIVE CENTS for the whole process. Great job BNY Mellon!</p>

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		<title>Comment on Wachovia – Getting Dirty Money Clean by Guzzo</title>
		<link>http://guzzothecontrarian.com/2010/08/16/wachovia-getting-dirty-money-clean/comment-page-1/#comment-5352</link>
		<dc:creator>Guzzo</dc:creator>
		<pubDate>Thu, 19 Aug 2010 23:12:00 +0000</pubDate>
		<guid isPermaLink="false">http://guzzothecontrarian.com/?p=15051#comment-5352</guid>
		<description>I guess there may still be a few somewhat incorruptible people left running government services.

&lt;a href="http://dealbook.blogs.nytimes.com/2010/08/17/can-the-s-e-c-avoid-scrutiny-of-its-settlements/" rel="nofollow"&gt;Judge Ellen S. Huvelle&lt;/a&gt; seems to be one of them by not rubber-stamping the SEC's paltry settlement with Citigroup. According to Dealbook -

&lt;blockquote&gt;
Judge Huvelle expressed concern about how the $75 million penalty reflected the actual harm from the misstatements and wondered why other executives were not named when the complaint mentions that “senior management” was aware of the information.
&lt;/blockquote&gt;

Eventually though, if she wants to keep her job and pension, under political pressure she'll likely have to approve some type of inadequate settlement to make it seem like she's enforcing the law.</description>
		<content:encoded><![CDATA[<p>I guess there may still be a few somewhat incorruptible people left running government services.</p>
<p><a href="http://dealbook.blogs.nytimes.com/2010/08/17/can-the-s-e-c-avoid-scrutiny-of-its-settlements/" rel="nofollow">Judge Ellen S. Huvelle</a> seems to be one of them by not rubber-stamping the SEC&#8217;s paltry settlement with Citigroup. According to Dealbook -</p>
<blockquote><p>
Judge Huvelle expressed concern about how the $75 million penalty reflected the actual harm from the misstatements and wondered why other executives were not named when the complaint mentions that “senior management” was aware of the information.
</p></blockquote>
<p>Eventually though, if she wants to keep her job and pension, under political pressure she&#8217;ll likely have to approve some type of inadequate settlement to make it seem like she&#8217;s enforcing the law.</p>

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		<title>Comment on Banking Conflicts by Guzzo</title>
		<link>http://guzzothecontrarian.com/2010/08/17/banking-conflicts/comment-page-1/#comment-5351</link>
		<dc:creator>Guzzo</dc:creator>
		<pubDate>Wed, 18 Aug 2010 22:18:31 +0000</pubDate>
		<guid isPermaLink="false">http://guzzothecontrarian.com/?p=15072#comment-5351</guid>
		<description>You mean that he exposes the unethical, the sociopaths, the corrupt, and the criminals, but wouldn't dare embarrass or degrade those fine people?

You're right, we should herald their behaviors and let them steal our savings, ruin our economy, or indebt our nation beyond repair. That way they wouldn't think badly of us.

For my readers - "Tom C" attempted to post his tripe with a link to an IP that hosts almost 8000 financial websites geared towards referring readers to "advisers" that will help you manage your money better.</description>
		<content:encoded><![CDATA[<p>You mean that he exposes the unethical, the sociopaths, the corrupt, and the criminals, but wouldn&#8217;t dare embarrass or degrade those fine people?</p>
<p>You&#8217;re right, we should herald their behaviors and let them steal our savings, ruin our economy, or indebt our nation beyond repair. That way they wouldn&#8217;t think badly of us.</p>
<p>For my readers &#8211; &#8220;Tom C&#8221; attempted to post his tripe with a link to an IP that hosts almost 8000 financial websites geared towards referring readers to &#8220;advisers&#8221; that will help you manage your money better.</p>

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		<title>Comment on Banking Conflicts by Tom C</title>
		<link>http://guzzothecontrarian.com/2010/08/17/banking-conflicts/comment-page-1/#comment-5350</link>
		<dc:creator>Tom C</dc:creator>
		<pubDate>Wed, 18 Aug 2010 22:00:08 +0000</pubDate>
		<guid isPermaLink="false">http://guzzothecontrarian.com/?p=15072#comment-5350</guid>
		<description>I’m becoming a Ratigan fan.It seems like he works to expose the problem, rather than working to primarily embarrass or degrade people. In my years in [spam link removed], it’s one of the few financial shows I enjoy watching.</description>
		<content:encoded><![CDATA[<p>I’m becoming a Ratigan fan.It seems like he works to expose the problem, rather than working to primarily embarrass or degrade people. In my years in [spam link removed], it’s one of the few financial shows I enjoy watching.</p>

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