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  • Whirlpool: Why I'm Bearish [View article]
    Warren Buffett's interest in the company are unsubstantiated rumors at this point. Buffett likes to purchase companies with solid brands in big industry's. Whirlpool definitely fits his list as a potential buy but I expect it to be at a much lower price if it were to happen. Buffett usually looks for sharp selloffs in these companies that bring it to a point that would provide him with great value. This was the situation with Goldman Sacks and Bank of America.
    Oct 31, 2011. 10:16 AM | Likes Like |Link to Comment
  • Netflix: Expect Further Downside [View article]
    I have been bearish on Netflix for quite sometime now. I was bearish on Netflix since it was at $218 when I wrote . Netflix is already down almost 64% from that point. Netflix is also down 40% since my last article

    Short at $300, now that's a joke. Netflix was still power trending higher during that time and was way before the company increased its prices.
    Oct 26, 2011. 09:44 AM | Likes Like |Link to Comment
  • American Airlines: The Contrarian Buy Of The Year [View article]
    What do you mean? Did you not read the article. I said," I would like to start to build a position near the lows that were created after the dot com bubble bust and financial crisis. I would to make my first purchase around the $2.50 area if I could get it." I even put a chart to clearly explain and still you didn't get it.

    Funny how people see what they want to see when they are biased with their position.

    I wrote the article early to give people who want to try the trade, time to position themselves. I always don't have that much time to post in advance but those that understood what was going on got a chance to profit.

    Don't post a comment if you don't understand how I trade because your just gonna confuse people. I build into positions not buy everything at one price like many novice investors. I move my average price to a point I want to be at by buying and selling small up and down moves to move my average price while booking profits off the move. This shouldn't be new to you if you were a former asset manager, so you say. This is typical in the hedge fund world, unless your a mutual fund manager but you still didn't buy all you shares at one price. I'm sure you never bought 300,000 shares at one price to open a position when you managed money?

    No one can tell the future which is why I build into a position on the way down. If I knew it was going to $1 for sure then I would obviously short and buy at that price, but I don't. Everything is what I expect and you should know that the market doesn't always do what you expect. I'm bullish enough to buy a pullback down to $1 because I unloaded already and have a small enough position that a buy in the $1 area will move my average price to about $1.50 which would put me in a nice position to play a bounce. You have to position yourself to absorb that much of a pullback. If you don't understand then don't follow this because I will make money and you will lose money.

    At this point I want AMR to pullback and hold above the recent low of $1.75, if that happens I will add to my position early and set a stop below the lows looking for a move higher and which point I would buy pullbacks.

    Read this to get an idea of how to build into a position.
    Oct 16, 2011. 02:53 PM | Likes Like |Link to Comment
  • What Investors Must Know About A Kodak Bankruptcy [View article]
    Ha, What? I made out big on this play. If you missed out then to bad for you. You missed almost a 100% return play in a matter of a few days. I had an average price of 80 cents on that drop and made out on that move back to the $1.50 cent area.

    If you read my article I said "I'm definitely a buyer at current levels and I'm looking for a retest of the 50 cent area to build a larger position." The low was 54 cents. I was buying this thing all the way down and too bad it didn't hit my big buy point at 51 cents because that would have brought my average price to around 65 cents.

    Read this article to see how I build into a big position in a stock.
    Oct 16, 2011. 11:47 AM | Likes Like |Link to Comment
  • Kona Grill Cooks Up Strong Profits, Huge Upside [View article]
    I would move my stop to breakeven or take some profits here. We are up about 20% on this second play in KONA. I will look to add if we get a good setup.
    Oct 14, 2011. 02:45 PM | Likes Like |Link to Comment
  • American Airlines: The Contrarian Buy Of The Year [View article]
    For any one who started a small position at $2.50 I would take some profits here with about a 20% profit. I got a much better price because of the panic but I will use $2.50 because that is what is in my article. I will look for another setup to make my next add maybe around the $1 area.

    That one day panic move was caused by market rumors. I buy the fear and sell the rallies.
    Oct 14, 2011. 02:38 PM | Likes Like |Link to Comment
  • What China Mobile Will Do With Its $50 Billion In Cash [View article]
    Apple has $12 billion in cash and $16.3 billion in cash equivalents for a total of $28.3 billion. It's listed in its last 10Q, You can find that here.
    Sep 29, 2011. 11:17 AM | Likes Like |Link to Comment
  • What China Mobile Will Do With Its $50 Billion In Cash [View article]
    Apple has $28 billion in cash and cash equivalents. You could find it for yourself here.
    Sep 29, 2011. 11:13 AM | Likes Like |Link to Comment
  • Redbox Will Keep Raking In Big Profits For Coinstar [View article]
    No I'm not crazy. I shorted the 5 min low and got a nice 5 points on the gap fill this morning. Checkout the Sept 26th, 5 min chart and see how crazy I was. I trade multiple timeframes which includes intraday which was the reason for the disclosure.

    You will notice I did not say to short NFLX anywhere in the article other than my disclosure that said, I may short it. This is because it is nearly impossible to time intraday positions through an article that needs to be edited and posted whenever the editor feels like. Besides this is not a signal service, I just provide ideas, its up to you how you trade it.
    Sep 27, 2011. 02:11 AM | Likes Like |Link to Comment
  • What A Yahoo Buyout Means For Investors [View article]
    Great then you obviously see the value with YHOO trading in the $14 area. To answer your first two questions. If you read the article carefully you will see that I said, "I expect Yahoo to fetch a premium of at least 20-30% from current prices". "At least" being the keyword.

    What don't you understand about the sentence in your third question? Buyout candidates are just that. Nothing but an expected buyout target. There are many companies that are potential targets but never complete a deal. You need a willing board and a company with strong assets to increase the probability for a buyout to be completed. Many companies use poison pills to fight off any unwanted takeovers. In fact Yahoo used a poison pill to block Microsoft's attempt to buy the company a few years back. In this case Yahoo recently hired an investment bank to help sell the company. This greatly increases the chance of a deal getting done.
    Sep 26, 2011. 12:55 AM | Likes Like |Link to Comment
  • On How Many Subscribers Netflix Will Really Lose [View article]
    Thanks for the comment. The fee increase is only if subscribers get both services. They would pay $8 for streaming and $8 for DVD. Redbox is seeing a lot of subscribers opting for only one service, mainly streaming. This actually causes a 20% reduction in revenue because NFLX used to charge $10 or more for both services depending on how many DVD's you wanted. You add in a possible 30% reduction in subscribers which for NFLX is over 6 million customers which translates to about $48 million in lost revenue monthly based off the new rate plan. I actually think the numbers might come in a lot more than 30% but that's just my opinion.

    NFLX should have just increased the fee on both services instead of separating them. NFLX got to greedy on the rate increase. I think by separating the business NFLX just lost it's advantage over other DVD rental options. Redbox is a big one and there are several smaller rental chains with $1 rentals in my area as well. Many subscribers are realizing that they aren't maximizing the Netflix DVD rental service which is why many are opting for just the streaming service and just renting $1 DVD's when they want a movie that's not streaming.
    Sep 23, 2011. 01:37 PM | Likes Like |Link to Comment
  • Moody's Downgrade BofA: Time To Short It? [View article]
    This article is a follow up for those who may be following my bearish bias. I've been negative on banks for awhile now.

    Who said short at $6? I said, "I would wait to short a rally if you don't have a position yet. "

    I do believe there is a possibility of a relief rally but I don't see how that move can be sustained. The earnings outlook is not improving for financials and lower rates will not help the banks at all.

    I wrote about those concerns here:

    The yield curve is not flat yet, hence the reason for Operation Twist by the Fed. I have a $400 billion backstop by the Fed buying and a flat yield curve is not good for banks just like you said. It's always a good thing to know you have a big buyer behind your back. If you add in the banks ability to generate earnings going forward and the Feds plans to keep low interest rates for the next few years, I don't see a beautiful picture.
    Sep 23, 2011. 12:09 PM | Likes Like |Link to Comment
  • Moody's Downgrade BofA: Time To Short It? [View article]
    Thanks for the comment, this article is a follow up to my bearish bias on banks for some time now. It's a follow up for those that may be following along.

    Here are those Bank Of America articles:

    In the article I said, "I would wait to short a rally if you don't have a position yet. "
    Sep 23, 2011. 11:47 AM | Likes Like |Link to Comment
  • Moody's Downgrade BofA: Time To Short It? [View article]
    Who said short at $6? interesting how people see what they want to see because of their investment bias. Been bearish on BAC for quite awhile now in fact traded in and out of it several times. Aug 22 got a 20% move and that buffett spike was a good short also.

    You could find those articles right here:

    In my article I said, "I would wait to short a rally if you don't have a position yet. "
    Sep 23, 2011. 11:38 AM | 1 Like Like |Link to Comment
  • The Huge Rally In Kona Is About To Start [View article]
    Thanks for the comment Steve. KONA definitely had a lot of problems and was the reason why the old CEO is gone. The new CEO is shaking up things and is starting to turn things around. You could see that the last two earnings reports are starting to show that change.

    Yes, it's a real small company which is why I like it even more. The potential upside is much greater when things start falling into place. It's speculative but I like my risk/reward.
    Sep 20, 2011. 09:59 PM | Likes Like |Link to Comment