Gerry Callihan

Long only, value, growth, long-term horizon
Gerry Callihan
Long only, value, growth, long-term horizon
Contributor since: 2013
Thanks for the compliment. At 98 you will make money, at 80 you will make even more.
Thank You!
dunkmaster,
You will be rewarded.
Gerry
cjay18,
Thank you for reply. Go CMI!
Gerry
Patrick,
Thank you for your insight and good luck to you, too.
Gerry
reimerpdx,
I couldn't agree more. Hang in there.
Gerry
Darshank,
Thank you for your kind words and optimism. Also, congratulations on your years of service to Cummins. Such loyalty is a rare commodity these days.
Gerry
I'm of the same opinion as you concerning the support of the distribution through free cash flow. I hope I'm wrong, but I don't see any increases in the horizon. These folks like to keep a lot of dry powder for the financing of future deals. Thanks for reading my article.
Gerry
I stand corrected, thank you.
Gerry
Hi Torino, I hope the holiday finds you and your loved ones well. Thanks for the read and the reply.
Gerry
Thanks for reading the article RS. You are correct in assuming they're using their cash for acquisitions. Before this latest acquisition, they were buying back shares. Now, they have stopped that practice in order to make the Modelo purchase.
Thanks again,
Gerry
aeroguy48,That was well put. Thank you.
Gerry
no jensen, it is not. I stand by what I say in the article and if you would take time to read some of my replies to various posts, you would realize that.
It wouldn't surprise me, Wall Street.
Gerry
marshgre, I responded to the GM bailout in several posts, but I'll do it one more time. I was dead set against it. The same goes for the government bailouof Ford, Chrysler or any other mismanaged business.
Marshgre, read the first statement in your post. I mean really read it
and tell me what sense it makes. Money owed the government in taxes and not paid is money that has to be made up somewhere. I don't know why this is so hard for some people to understand.
bresla, I've been hearing your doom and gloom for over forty years. It's the same old rant, spend the money now or "Mother Earth" will perish. How many billions have we squandered, brelsa? Read some of the books written two generations ago warning us of the same thing you just posted. Read them and then tell me this money wouldn't have been better spent feeding and clothing the poor. Your nobility is misplaced, brelsa. Mother Earth can take care of herself, why don't you worry about your fellow man instead.
The reason that I'm including politics is this discussion is because the nature of most of these posts dictates it.
Thank you for that input, Steve, It makes one wonder just what a person is buying when he purchases Tesla stock, doesn't it?
Gerry
Billiardman, I'm suggesting nothing of the sort. In fact, I'll make you and all the other Tesla car buyers a deal. Take the money you won't be sending to Uncle Sam because of your tax credit and donate it to a worthy charity. How's that sound? You do that and I'll retract my article. I'll eat some crow if hungry kids can eat decent food. How about everyone? Show me some more of that noble altruism that is so evident in this thread.
Gerry
Thanks blueice. I appreciate your input and your support.
Gerry
Exactly, Wall Street, Remember your Shakespeare? More specifically your Hamlet? "The lady doth protest too much, methinks." You get my point, and thanks for covering my back.
Gerry
futurecartsla, The Model S is a quite a piece of engineering, there is no doubt about that. What I don't understand about your post is your statement, "top line valuation versus market cap." Take any company with a market cap of $5 billion, any company that has earnings and perhaps pays dividends. The market assigns that company a value based on its earnings. The market gives it a market cap based on tangible earnings. With Tesla, the market cap is arrived at through pure speculation of the company's future. There's nothing concrete to justify a $5 billion market cap. It's valuation through speculation, nothing more. Next week the stock may go to $100 a share for there's always a greater fool. Just remember futurecarsla, in the short term the market is a voting machine and in the long term it's a weighing machine.
Glad you liked it, Bucknfl. A juicy dividend makes the wait for share price appreciation rather enjoyable, doesn't it? Thanks for the comment.
Gerry
AjitMD, Have you ever heard of Everet Dirksen. He was a politician who once said about federal spending, "A billion here, a billion there, pretty soon you're talking about some real money." It all adds up, Ajit, no matter how big or small the amount. This country can't afford it anymore.
I was dead set against the bailout of GM. That investment is still in the red. Ford and Chrysler? Heck, let's talk about all the corporations that get government goodies.
You're absolutely right, the Iraq war was primarily about the free flow of oil. Why do you think so many nations signed on?
Perhaps if we would've let Saddam grind Kuwait under his boot and jack up the price of oil at his whim, we would all be driving EVs today. Who would you rail at then, the evil electric utilities?
berylrb, Thank you for the compliment. It's appreciated, I assure you.
As for singling Tesla out, I not doing that at all. I mentioned in replies to other posts that brought up the same point that as far as I'm concerned, GM should have been allowed to fail. I have a real problem with government bailouts to mismanaged companies, government loans to start-ups of Tesla's magnitude and government tax credits to create and stimulate a demand.
Yes, beryirb, tax credits reduce taxes due. Taxes are monies owed. The government seems to need more and more money every year. Tax credits reduce the amount of money flowing into the government coffers. In order to make up the shortfall, the government either prints more money, borrows more money or raises taxes. And because of this, the financial condition of this country gets even weaker.

Thank you for you civility, berylrb.

Gerry
gosolar88, If you think I've lost this one, let's wait a bit and see what happens to this overpriced stock in the next year..
If you want numbers, go look at Tesla's for the last few years. I thought the people that read these articles were sophisticated enough to either be familiar with the numbers of a company they're interested in, or computer savvy enough to look them up. There are numbers at the links I inserted in the article, but you are probably right. I guess I just have to sit here and cut and paste every number available for every company I write an article about and then be sure to type them out.
Gerry
I most certainly did read that. If you would have read my article with an iota of subjectivity or at least clicked on the appropriate link, you would have been aware of that. As far as GM is concerned, it should have never have happened. The company should have been allowed to fail.. The American people are still holding a bag of underwater stock.
Again, Steve, thank you for your support.
Gerry
I appreciate the comment, Steve.
Gerry
mag, Thank you so much for your kind words and your insight. I have a suspicion I was brought up the same way you were; i.e. to be polite. Thanks again and thank you for your support.
Gerry
bwmaki, Thank you for a brilliant post and for your support. Gerry
Thank you for reading the links, rhyse12. Apparently that is a lot more than many of these people have done. You bring up some interesting questions regarding the future performance of these batteries. As you can no doubt see, rational questions about Tesla are something the majority of these people aren't interested in. Perhaps an expert, someone whose eyes aren't clouded by political or environmental biases, can answer your question. Again, thanks for the post. Gerry