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Joseph Poma

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  • Mark My Words, These Stocks Will Double In 2012 [View article]
    Your ENTIRE article is WRONG. A stock's 52-week high is NOT THE MEAN. It is simply a maximum point. Saying that a stock will retrace to the upper bound because of "mean reversion" proves your ignorance to mathematical concepts.

    ALSO, you clearly have never learned anything, in your 25 - 30 years of experience as you state in your profile, about professional standards in finance. "Mark my words"? You can't say phrases like this one in the finance world. If you had any clue about the strictness of the financial analysis and advising professions nowadays you would know that you could never make that statement to a client or prospective clients.

    Please, do all the readers of Seekingalpha a favor and don't make ridiculous statements such as "Mark My Words This Is Going To Double Next Year"...unless you are personally guaranteeing the doubling of my money, in which case I would gladly take you up on your offer.
    Dec 31 01:12 PM | 6 Likes Like |Link to Comment
  • Michelle Obama backs the proposed ban in NYC on large-sized soda drinks before issuing a statement later on detailing that she didn't quite mean to enter the debate. At this point the uproar in the Big Apple has taken much of the steam out of any move to adopt any federal framework to limit soda sales, helping analysts keep forecasts in place for a beverage industry powered by the American consumer who drinks a whopping 43.5 gallons of soda a year on average. [View news story]
    When will the extreme left stop throwing money at services that do an injustice to society by teaching and promoting laziness?
    Jun 6 10:20 AM | 5 Likes Like |Link to Comment
  • The Macy's vs. Martha Stewart Living Omnimedia and J.C. Penney trial continues without any clear winner in sight yet. In a nutshell: 1) Macy's (M) CEO Terry Lundgren became enraged over a plan to place Martha Stewart shops inside of J.C. Penney stores in what his firm calls a breach of contract. 2) Martha Stewart is flabbergasted Lundgren hung up on her. 3) Naturally, JCP CEO Ron Johnson thought he had them both outsmarted. After the dust settles, retail analysts think MSO will suffer the most with its brand tarnished. [View news story]
    Analysts have it all wrong. I'm not saying I know the female mind because let's face it no one does, BUT, the Martha Stewart brand isn't going to be tarnished. Look at the brand after the woman whose name titles the brand was placed under house arrest. Come on folks, the average woman doesn't care about the legal battles of JCP vs. M. Buying opportunity in MSO IMHO.
    Mar 6 09:54 AM | 4 Likes Like |Link to Comment
  • A "quality-control crackdown" at Foxconn related to iPhone 5 (AAPL) scratches is making shortages worse, a source tells Bloomberg. The report meshes well with earlier reports of labor disturbances caused by workers unhappy with Foxconn's quality-control rules. Interviewed workers claim each step in the iPhone 5 production process brings with it the potential for scratches to its aluminum back. The iPhone 4 and 4S use glass casing rather than aluminum. [View news story]
    Apple's iTouch 5th generation is being shipped to those that pre-ordered already. If there were serious supply issues then there is no doubt in my mind that AAPL would have delayed the iTouch so that demand could be met for the iPhone.
    Oct 10 10:19 AM | 4 Likes Like |Link to Comment
  • IPhone 5 (AAPL) sales come in at "over 5M," well below expectations. (PR) AAPL -2.3% premarket. [View news story]
    5%? Try 2.2% Let's not get out of hand.
    Sep 24 08:43 AM | 4 Likes Like |Link to Comment
  • iTouch: Apple's Real Weapon [View article]
    Sorry for using the "street" name for the iPod Touch. Didn't think I would be offending anyone.
    Sep 13 10:46 AM | 4 Likes Like |Link to Comment
  • Could it stick? Though a majority of New Yorkers seem to vociferously oppose Mayor Michael Bloomberg's proposed ban on large-sized sugary drinks, Bernstein Research analyst Ali Dibadj can't help but wonder if other cities will follow the Big Apple's lead on taking on obesity and leave beverage companies jumping around from one locale to another defending consumers' right of choice. Possibly in line to play Whack-A-Mole: KO, PEP, DPS, COTT, MNST[View news story]
    Bloomberg is so quick to limit Soda can sizes...why hasn't he cut down on the number of cigarettes in a pack, limit the number of beef patties on a hamburger, and placed limits on the number of taxi rides you can take in a day...or are those things next.

    As a teacher I try to educate my students but when I see idiocy like that of Mr. Bloomberg's, I have one saying "Ya' Can't Fix Stupid!" His heart has good intentions and is in the right place, but his brain is nowhere to be found.
    Jun 5 10:32 AM | 4 Likes Like |Link to Comment
  • 4 Reasons Why I Bought Facebook Calls Ahead Of Earnings [View article]
    Been long FB Jan 2014 $25 strike calls for 2 months now. Holding through earnings because this isn't just another short term rally. There is a much bigger picture here and even if the stock pulls back on earnings, the long term looks very bright.
    Jan 28 08:26 AM | 3 Likes Like |Link to Comment
  • Almost flat earnings and a disappointing forecast from Apple (AAPL) leave a few casualties in Japanese trading today: Softbank (SFTBY.PK) - a Japanese carrier of the iPhone - is down 0.9%, Sharp (SHCAY.PK) and Foster Electric - both of which make parts for the phone - dropped 1.5% and 1%, respectively. [View news story]
    I guess this is what Apple gets after sandbagging earnings for so long. Just time to eat their own cooking.
    Jan 23 10:49 PM | 3 Likes Like |Link to Comment
  • "There's a 40% chance of a 'fiscal cliff' deal before year end," predicts Erskine Bowles. In true Washingtonian-speak however, he adds that there's also a 35% chance that no deal will get done. Interpretation: "The chances of getting it done are better," Bowles says, "That's what's key." [View news story]
    As a teacher, I love your comment!
    Dec 11 01:48 AM | 3 Likes Like |Link to Comment
  • iTouch: Apple's Real Weapon [View article]
    If anything I think you just made my point for me. There are millions of iPod users who won't purchase the iPhone because either their location doesn't have LTE or other high quality cell coverage, or they don't want to lock into a 2 year subscription with a carrier. Parents have no problem paying $299 for a fake phone that, as long as WiFi is available, can allow their kids to text, especially if it satisfies the kids desire for a new "phone" and the parents desire not to pay monthly.

    Sorry, but I'm standing firm, iPod sales (primarily the touch) will help drive earnings in 2013Q1 and year long.
    Sep 13 10:32 AM | 3 Likes Like |Link to Comment
  • Coinstar Plunges Following Earnings: Stock Remains A Sell [View article]
    DVD is not going anywhere any time soon. Plenty of international growth to come. Testing alternative products (ie coffee kiosks). Company has so much potential. Fundamental Valuations say the stock is cheap. There are two camps of people, those who love CSTR and those who hate it. You my friend are clearly in the latter camp because your recommendation defies logic.
    Jul 27 09:39 AM | 3 Likes Like |Link to Comment
  • Hedge funds have doubled their net shorts of the S&P 500 in the last three weeks, reports SocGen. They're at record highs with euro shorts, and have turned net sellers of copper. "Waning support" makes the S&P and Nasdaq "highly vulnerable," says SocGen. Actually, it's the hedge funds that are vulnerable, writes Brendan Conway.  [View news story]
    The way many of the hedge funds have performed, them going net short might signal a turn in the market and a sign to buy!
    Jun 6 10:20 AM | 3 Likes Like |Link to Comment
  • In what's arguably a shot across Google's (GOOG) bow, Samsung (SSNLF.PK) is partnering with Mozilla on a new browser engine called Servo. Google is the default search engine for Mozilla Firefox, but at the cost of sizable traffic acquisition payments (something unneeded for Chrome and the stock Android browser). Google is already reportedly concerned Samsung will demand higher search revenue-sharing payments for traffic coming from its Android hardware, but Samsung's dependence on Google apps and services limits its leverage for now. [View news story]
    A Google - Samsung conflict only benefits AAPL
    Apr 3 04:18 PM | 2 Likes Like |Link to Comment
  • Ready for the "iRing"? After meeting with hardware suppliers in China and Taiwan, Brian White believes Apple (AAPL) will launch a TV this year with a ring accessory allowing a user to control the set by pointing their finger. White also sees the iTV coming with a 9.7" mini iTV screen to be used for things such as home security, phone calls, and video conferencing. [View news story]
    Who makes this garbage up?
    Apr 3 08:44 AM | 2 Likes Like |Link to Comment
COMMENTS STATS
352 Comments
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