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Jacob Steinberg  

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  • Analysis: World Wrestling Entertainment quite the jewel [View news story]
    Vince McMahon would NEVER sell WWE, that's like selling your own baby.
    Mar 18, 2014. 06:50 PM | Likes Like |Link to Comment
  • If Yelp's CEO Refuses To Own Any Shares, Why Should You? [View article]
    <<< just to answer the title of this article's question - the sustainable 68% YoY revenue growth for the past 6 quarters. >>>>

    I wouldn't be so sure about the sustainable part. The company's growth is already slowing down.
    Mar 10, 2014. 05:27 PM | Likes Like |Link to Comment
  • SodaStream: See, Things Aren't That Bad [View article]
    It might stem from the industry Sodastream is in. Investors would pump up anything that's based on the internet but they are usually scared of companies that produce hardware.
    Feb 27, 2014. 04:32 PM | 1 Like Like |Link to Comment
  • Coca-Cola Company: Recent Price Dip Is An Opportunity To Buy The Stock [View article]
    "MCD has more going on than just soda"

    So does KO.

    KO produces and sells tens of kinds of beverages globally. It evens sells bottled water in many markets.
    Feb 26, 2014. 12:30 AM | Likes Like |Link to Comment
  • Here's Why World Wrestling Entertainment Is Overvalued [View article]
    The stock is up due to anticipation of the WWE Network, not because of the company's performance. Since I wrote this article, how much did WWE's profits actually grow? About 0%. The stock market is known to pump and dump shares for no reason and this is just another pump and dump target.
    Feb 20, 2014. 06:30 PM | Likes Like |Link to Comment
  • The Turkish Debt Dilemma [View article]
    Turkish economy is too dependent on construction and it is very fragile. It is one of the few developing economies that don't have much of a manufacturing base.
    Feb 19, 2014. 06:51 PM | 1 Like Like |Link to Comment
  • Chevron Is Fairly Valued Compared To Historical Standards [View article]
    It would definitely depend on one's goals. For example, it is definitely a "buy" for dividend investors, but it is probably a "hold" for growth investors.
    Feb 19, 2014. 06:50 PM | 5 Likes Like |Link to Comment
  • If You Can't Retire At 30, Then How About 38? [View article]
    I am surprised that those people can generate only about $20,000 annually from $600,000. There are many high yield stocks and many opportunities like selling covered calls to generate much better yields.
    Feb 19, 2014. 03:31 PM | 4 Likes Like |Link to Comment
  • Boeing: Historically And Stubbornly Cheap [View article]
    I think that the slowdown in the defense business is likely to be temporary. Even at times of peace, countries continue to upgrade their systems but they can't spend much money at the moment because many countries have budget cuts until things are in place again. During this temporary time, Boeing's commercial business has done a good job of carrying the rest of the company.
    Feb 19, 2014. 03:27 PM | 1 Like Like |Link to Comment
  • Boeing: Historically And Stubbornly Cheap [View article]
    The dividend rate is not very impressive but Boeing is one of the few blue chips with strong growth potential so I'd forgive them for that.
    Feb 19, 2014. 02:58 PM | 1 Like Like |Link to Comment
  • Is Yelp Still A Buy After A 500% Rise? [View article]
    If Yelp had any hope of getting acquired, the management wouldn't be dumping pretty much all of their shares in the market on monthly basis. If a company's management treats its shares like a hot potato, you know that they have no hope of getting acquired. As soon as someone from Yelp's management gets awarded with some options, they exercise them and sell the stocks.
    Feb 11, 2014. 11:15 AM | 1 Like Like |Link to Comment
  • Is Yelp Still A Buy After A 500% Rise? [View article]
    Yelp's business model: keep issuing more shares to pay the management, rinse and repeat until people wake up.
    Feb 11, 2014. 11:13 AM | 1 Like Like |Link to Comment
  • Is Yelp Still A Buy After A 500% Rise? [View article]
    Of course their user base will keep growing, they keep getting in more countries. Last year, they launched in countries like Portugal, Turkey and Spain. Will they monetize their user base in any of these countries? They can't even monetize their user base in the US. Will they ever earn enough to justify their current value let alone any future value appreciations? Maybe in 50 years.
    And you can't compare an online review website with transportation companies. There are many alternatives to Yelp but there aren't that many reliable alternatives to flying when you want to cover high distance within a short time. People can easily switch from Yelp to Google Maps, Facebook's local business pages or any other website and many already have. It's not easy to switch form of transportation, those are completely different things.
    Feb 11, 2014. 11:10 AM | 1 Like Like |Link to Comment
  • Is Yelp Still A Buy After A 500% Rise? [View article]
    Let's see how Yelp's own users rate Yelp:
    A lot of one-star reviews and a lot of unhappy users. This is not sustainable, you can't keep growing when your user base is increasingly unhappy with your product.
    Feb 11, 2014. 02:27 AM | 3 Likes Like |Link to Comment
  • Tesla Set To Take Down $200 [View article]
    >>> Based on a survey of 45 million used car listings for sale/sold in the U.S., the average used Model S is said to be going for a whopping $99,734, which is considerably richer than its model-year 2013 base price of $69,900 (or, for that matter, the top-end version's $89,900). <<<
    Oh so they are comparing average used Model S with a base-Model S to make it appear as if Model S doesn't depreciate in value. That's like saying "a fully loaded used Ford Escape 2014 sells for $25,000 which is much higher than the base price of $19,000, which means that Ford Escape's price doesn't depreciate at all." Average Model S in the used market will be a lot more loaded than a base Tesla.
    Feb 10, 2014. 03:44 AM | 5 Likes Like |Link to Comment