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Gene Chan, CFA

 
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  • Did BlackBerry Sell 200,000 Passports Or A Million? [View article]
    Guys, it has been refuted. BlackBerry has been manufacturing new units throughout. You can see build dates and serial numbers:

    http://bit.ly/1yLfFWU
    Oct 17 06:39 PM | 7 Likes Like |Link to Comment
  • Did BlackBerry Sell 200,000 Passports Or A Million? [View article]
    Wow KIA, how far would you go to fabricate a lie?

    You can see the build dates on the devices themselves. And they vary from Sept 9 to as late as Oct 8th. And the device built on Oct 8th was shipped on Oct 15th.

    So the claim that they have only sold the initial inventory is a lie. Also guess what, the difference in serial numbers between the device on launch date and the one shipped on Oct 15th is around 400,000.
    Oct 17 05:23 PM | 15 Likes Like |Link to Comment
  • Frannie Folly [View article]
    A Conservator's goal is to bring a company back to financial health.

    A Receivor's goal is to ensure orderly liquidation and distribution of assets in the event of a bankruptcy.

    I thought you are a "professor"?
    Oct 3 01:00 PM | 8 Likes Like |Link to Comment
  • BlackBerry Passport: Top Or Flop? [View article]
    Passport is currently sold out on Amazon.com (http://amzn.to/Y8bG6A), as well as USA, Canada, UK, and Germany ShopBlackBerry.com websites.
    Sep 25 12:26 PM | 11 Likes Like |Link to Comment
  • The $1 Billion CFO Quiz And Other Developments [View article]
    They are using LIBOR and it's generally around 0.50% nowadays. So 0.625% over LIBOR is still dirt cheap - won't be a problem for AMZN unless they get downgraded.

    http://bit.ly/1oQLnsI
    Sep 15 02:48 PM | 1 Like Like |Link to Comment
  • The $1 Billion CFO Quiz And Other Developments [View article]
    Why - shorts doing alright actually. AMZN down almost 20% YTD.

    And AMZN actually underperformed S&P by 25% over the last 3 years. AMZN short position has been a very good hedge for anyone with a large long portfolio of other stocks.
    Sep 15 11:17 AM | 10 Likes Like |Link to Comment
  • The Case For Fannie Mae: Unpacking The Motions For Summary Judgment [View article]
    Very informative article. Epic work.
    Sep 8 10:08 PM | 2 Likes Like |Link to Comment
  • Why Amazon's Appstore Could Become As Big As Google Play [View article]
    That's some voodoo math. Typical for an AMZN holder.
    Sep 4 02:52 PM | 4 Likes Like |Link to Comment
  • Amazon's Competitive Advantage Quantified [View article]
    Wow that's brutal. I thought it was $1.00 per order, but it's actually per item.
    Jun 2 01:59 PM | Likes Like |Link to Comment
  • Amazon's Competitive Advantage Quantified [View article]
    As other commentors have said, this article is useless without tying the analysis back to price.

    I think if you add any rigor to this exercise, you'll find that AMZN is already absurdly overvalued despite all of the advantages you mentioned (i.e. it is priced for more than perfection).
    Jun 1 11:24 PM | 3 Likes Like |Link to Comment
  • BlackBerry selling Canadian real estate for $278M [View news story]
    Actually it's pretty close - I remember the estimates were around 300M. Can you provide a link that had a much higher estimate?
    May 5 09:55 AM | 6 Likes Like |Link to Comment
  • Nobody Beats Amazon [View article]
    Gary will buy an inferior product from an inferior retailer at an inferior price to support his own stock...!
    Jan 27 02:02 PM | 1 Like Like |Link to Comment
  • Nobody Beats Amazon [View article]
    Authors like this one has let the popular narrative get to their heads. You can tell when an article is full of anecdotal stories/opinions rather than data.

    As another commentor mentioned, the author probably is not aware that BestBuy gained market share in the latest quarter, and their online business is growing at or exceeds Amazon's growth rate.

    WIth "price-matching", BestBuy's margin is now sitting at TWICE Amazon's margin. Amazon also does not have the scale or cost structure to beat Walmart/Costco in a price war.

    The days where Amazon has a price advantage are over - he hasn't realize it yet. Most of what he wrote should apply to Amazon instead, because they are going to be the ones competing against volume leaders.
    Jan 27 09:48 AM | 7 Likes Like |Link to Comment
  • Delivery watch: UPS, FedEx, and Amazon in focus [View news story]
    Price war in electronics, good news for AMZN. Miss from shipping companies, good news for AMZN. What kind of bizzaro world do we live in?
    Jan 17 12:12 PM | 1 Like Like |Link to Comment
  • Amazon's 'Free Pass' [View article]
    Gary, each time you mention AMZN "surging" or "going up", it actually went down. May be your quote screen is broken.
    Jan 16 04:26 PM | 1 Like Like |Link to Comment
COMMENTS STATS
218 Comments
692 Likes