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Joseph Poma

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  • David Einhorn's preferred stock proposal is "creative," Tim Cook states at a Goldman conference. But he calls Einhorn's opposition to Prop. 2 a "silly sideshow," and insists the measure is meant to empower shareholders. He claims Apple's (AAPL -1.2%) management/board are in "very active discussions" about returning additional cash, but remains tight-lipped about details. Apple is spiking lower after temporarily doing the opposite. (live blog) (webcast) (previous[View news story]
    Deals with the issuance of Preferred Stock, or rather, preventing the company from issuing preferred stock as part of its capital structure.
    Feb 12 11:06 AM | Likes Like |Link to Comment
  • David Einhorn's preferred stock proposal is "creative," Tim Cook states at a Goldman conference. But he calls Einhorn's opposition to Prop. 2 a "silly sideshow," and insists the measure is meant to empower shareholders. He claims Apple's (AAPL -1.2%) management/board are in "very active discussions" about returning additional cash, but remains tight-lipped about details. Apple is spiking lower after temporarily doing the opposite. (live blog) (webcast) (previous[View news story]
    Sounds like Cook confirmed that the company will finally be distributing some of the cash on hand. Note also, he called Einhorn's method creative...last I checked, Apple loves to be "creative". Just something to think about.
    Feb 12 10:47 AM | 2 Likes Like |Link to Comment
  • Google (GOOG) discloses chairman Eric Schmidt plans to sell 3.2M Class A shares, or 42% of his stake in the company, over the course of 2013 through a Rule 10b5-1 trading plan. The sale will encompass nearly 1% of Google's outstanding shares, and 3.2% of their voting power. (8-K[View news story]
    Stupid reason to see the stock sell off 6+ points. Nothing has changed fundamentally about Google except for the fear factor. Fear that the CEO's selling is a signal that the stock "might" be at a top. IMHO GOOG is a buy on the dip.
    Feb 11 09:16 AM | Likes Like |Link to Comment
  • Apple (AAPL) is indeed thinking of selling an iWatch, both the NYT and WSJ report. Sources claim Apple is experimenting with iOS-based watches made of curved glass, and has discussed the matter with Foxconn. If an iWatch ever arrives, there's a good chance it will use Corning's (GLW) Willow Glass, which was created with bendable displays in mind. Former Apple UI designer Bruce Tognazzini recently predicted an iWatch will arrive, while providing a long list of apps/services it might support. [View news story]
    Not for nothing, but why is it that multiple people feel it necessary to repost the same link to the article that was mentioned in the original SA post? Just saying.
    Feb 10 08:49 PM | 2 Likes Like |Link to Comment
  • Search Analytics: Buy This Company Before Earnings [View article]
    After losing about 70% on my options, it would be dumb to dump them now.
    Feb 8 08:14 PM | Likes Like |Link to Comment
  • Search Analytics: Buy This Company Before Earnings [View article]
    Completely Agree. I don't usually like it when a stock pre-announces because it can often leave much to be desired on earnings day. Since this stock hasn't been treated fairly though, I wouldn't mind a little sand bagging, especially with consensus EPS of 0.725...going to blow that number out of the water.
    Feb 7 02:02 PM | Likes Like |Link to Comment
  • Zynga's (ZNGA -2.8%) U.K. real-money gambling titles (offered in partnership with local player bwin.party) will be available on the Web, PC apps, Facebook (FB), and perhaps also mobile apps, says chief revenue officer Barry Cottle. A Facebook spokeswoman states her company is comfortable with supporting U.K. online gambling, which could provide a boost to (slowing) Facebook Payments growth. Two sites - ZyngaPlusPoker and ZyngaPlusCasino - will launch by the end of June. (previous) (Nevada[View news story]
    Interesting...I don't see any mention of an app for BB10.
    Feb 7 12:39 PM | 1 Like Like |Link to Comment
  • Search Analytics: Buy This Company Before Earnings [View article]
    I too am a Redbox user, though not all that often. Will you be looking into the company's joint venture with Verizon for a streaming service? If I'm not mistaken I believe the cost is $8 and you'll receive 4 One-night rentals from a kiosk as well and for $1 more you can rent 4 Blu-Ray DVD's. I don't have streaming capabilities at home yet, though if the company creates an AP for LG Smart TV's I would certainly consider using the streaming service.
    Feb 7 10:58 AM | Likes Like |Link to Comment
  • Search Analytics: Buy This Company Before Earnings [View article]
    Numbers improved both Q/Q and Y/Y.
    Feb 7 10:12 AM | Likes Like |Link to Comment
  • More on Green Mountain Coffee Roasters' (GMCR) FQ1: The company sold 4.95M Keurig brewers during the period, up 18% from a year ago. Gross margin was up 220 bps to 31.3% due to lower green coffee costs. Green Mountain Coffee Roasters sees FY2013 EPS of $2.72-2.82, compared to the consensus mark of analysts calling for $2.71. GMCR -8.1% AH with investors seeming to have been expecting a stronger beat. (PR[View news story]
    Stock ran up too much pre-earnings. The AH drop makes perfect sense...it's called PROFIT-TAKING!
    Feb 6 11:37 PM | Likes Like |Link to Comment
  • Zynga (ZNGA): Q4 EPS of $0.01 beats by $0.04. Bookings of $261.3M (-15% Y/Y) beats by $50.2M. Expects Q1 bookings of $200M-$210M and EPS of -$0.05 to -$0.04, below consensus of $240M and -$0.01. Expects 2013 adjusted EBITDA margin of 0%-10%. Shares +5.5% AH. CC at 5PM ET (webcast). (PR[View news story]
    In case you aren't sure what I'm talking about, here is a link to an article SA declined to publish...

    http://seekingalpha.co...

    Next test of web analytics: Michael Kors (KORS)

    http://seekingalpha.co...

    After that, LinkedIn (LNKD)

    http://seekingalpha.co...
    Feb 5 05:32 PM | Likes Like |Link to Comment
  • Zynga (ZNGA): Q4 EPS of $0.01 beats by $0.04. Bookings of $261.3M (-15% Y/Y) beats by $50.2M. Expects Q1 bookings of $200M-$210M and EPS of -$0.05 to -$0.04, below consensus of $240M and -$0.01. Expects 2013 adjusted EBITDA margin of 0%-10%. Shares +5.5% AH. CC at 5PM ET (webcast). (PR[View news story]
    Web analytics prove successful again!
    Feb 5 04:21 PM | 1 Like Like |Link to Comment
  • 9to5Mac digs through iOS 6.1 (AAPL) and discovers what it believes are the building blocks of a much speculated but never confirmed streaming radio service to compete with Pandora (P), Spotify & co. P gives up earlier gains, now +0.35%. AAPL +3.35% on the day to $457.15. [View news story]
    Couldn't disagree more.
    Feb 5 03:24 PM | Likes Like |Link to Comment
  • 9to5Mac digs through iOS 6.1 (AAPL) and discovers what it believes are the building blocks of a much speculated but never confirmed streaming radio service to compete with Pandora (P), Spotify & co. P gives up earlier gains, now +0.35%. AAPL +3.35% on the day to $457.15. [View news story]
    Really? You refuse to use Pandora because it requires a login? Maybe I'm wrong and Americans really are as lazy as foreigners believe us to be!
    Feb 5 03:23 PM | 1 Like Like |Link to Comment
  • More on Yum Brands (YUM) Q4 earnings: "Adverse publicity on poultry supply continues to significantly impact China KFC sales." Indeed. Same-store sales in China for January and February off about 25% Y/Y. Shares -6.2% AH. (PR[View news story]
    There were plenty of warnings in the media.
    Feb 5 10:52 AM | 2 Likes Like |Link to Comment
COMMENTS STATS
352 Comments
160 Likes