Molycorp: Overpriced on Rare Earth Excitement [View article]
Just thought about this article today after seeing MCP drop 22%. I was totally correct, I will now pat myself on the back, nice job sir. Down 70% since my article vs. +28% for the S&P. Thanks to all the haters.
Embattled Yahoo (YHOO) CEO Scott Thompson will reportedly step down to be replaced temporarily by global media head Ross Levinsohn while Yahoo once again looks for a leader. And Yahoo's five directors, who were set to step down in the summer, will leave the board immediately to make room for Dan Loeb's Third Point nominees, with recently added director Fred Amoroso moving to board chair. [View news story]
The other 85% do get a say - there was a proxy sent out to all shareholders to vote on the board slate.
Thompson is stepping down on his own accord - Loeb and another large shareholder can't force that to happen just because they own a lot of shares.
Embattled Yahoo (YHOO) CEO Scott Thompson will reportedly step down to be replaced temporarily by global media head Ross Levinsohn while Yahoo once again looks for a leader. And Yahoo's five directors, who were set to step down in the summer, will leave the board immediately to make room for Dan Loeb's Third Point nominees, with recently added director Fred Amoroso moving to board chair. [View news story]
those are one and the same thing - he is the largest shareholder
Alan, did you even read the press release? Listen to the announcement call? Your ignorance here is stupifying. Here, I've pulled the quote for you from their press release:
"The aggregate purchase price payable in the merger was $52 million, consisting of approximately $39 million in cash and the ISSUANCE OF 1,000,000 SHARES OF THE COMPANY'S COMMON STOCK"
You're welcome.
And welcome back to the 11's - hope you were pleased with the 1Q guidance yesterday.
AOL Is In Danger Of Rendering Itself Obsolete [View article]
judging by the paragraph in your article about goodwill, it does not appear that you know it's a non-cash charge, so if you do, you fooled me. What are the demographics of income/leisure time of the typical remaining AOL user? If that's core to your thesis, why is that not in your article?
What do you mean by non-core? The media businesses they've acquired or their dying dial-up subscription business? If you mean the latter, why would TZOO want to take on a terribly run, not profitable attempted turnaround media growth story? If you mean the former, why would TZOO want to take on a dying dial-up internet business?
Neither of those scenarios make any sense if you ask me. Luckily I don't think any of us have to worry about this pie in the sky EVER occurring....though I'd be entertained to see your responses to any or all of my questions.
AOL Is In Danger Of Rendering Itself Obsolete [View article]
terrible article, the combination is useless and would not create shareholder value as AOL is a terribly run business and synergies with TZOO would be minimal. Also, you should take some accounting classes, goodwill is a non-cash charge, AOL would not have "made" any more without the charge. EPS is meaningless here, look at the cash flow statement.
Good article Chad, one of the more thoughtful pieces I've seen on SA in a while. I have spoken to their management team on a few occasions and based on those convo's I'm extremely skeptical that this acquisition will amount to much more than a waste of cash. As you likely know, they already pre-announced a big loss for the quarter (even backing out the acquisition related costs), meaning that Qumu is already not living up to their expectations of just a few short months ago.
Thrilling Thursday: Our One Trade Does Good [View article]
Phil, let's not fool ourselves, you're not moving the market on large cap names with your picks. philstockworld.com has 9K uniques a month according to compete.com and BNN has about 19K. Unless those small number of viewers are all large hedge funds buying 100K block shares based on your picks, you're fooling yourself.
Why Molycorp Is a Buy Despite Its Sticker Price [View article]
he should - he LOVED it at $50 when they were apparently much earlier in the process of getting their mine operating, haha.
Oh wait, but the price of rare earths has fallen off a cliff, just as I predicted in many comments and my article. Supply/Demand + retail investor hype = overvalued. Now reality has set in. On a short time frame (i.e. the month that he wrote this article), the market is a voting machine, on a longer time frame of a year or more, it's a weighing machine. 'Nuff said.
More on the Molycorp (MCP -15%) downgrade: Longtime bull Mike Gambardella "(takes) a more cautious stance on the stock," noting the recent decline in rare earth prices and a sharp cut in forecast world demand. However, he still sees China taking steps to reduce supply and restrict production over time. [View news story]
you mean the stock crashing because rare earth prices aren't at bubble highs??? I'm sure this is coming as a real shocker to all MCP bulls who really dug in and did their diligence on this company...solid downside precautionary projections Galileo/David White/"The Strategist"
Molybdenum Just Keeps Getting Better and Better [View article]
I stopped reading after you said "MCP is the only supplier of molybdenum in the U.S."
MCP DOES NOT PRODUCE MOLYBDENUM
Molycorp is at least partially responsible for SeekingAlpha losing relevance as a site, writing like this and a number of other MCP related articles is laughable.
Nice secondary and convertible offering this afternoon, MCP shares are worth even less now.
Add Larry Summers to those worrying about a 1999-style internet bubble after LinkedIn's (LNKD) exuberant IPO, but Dealbook believes this boom is different. The companies going public now have more than just “eyeballs” - they're real businesses with real earnings and revenue - and there's no flood of new companies coming to market. [View news story]
ha - "this time is different". It is always different, however, the result is always the same.
Molycorp: Overpriced on Rare Earth Excitement [View article]
Embattled Yahoo (YHOO) CEO Scott Thompson will reportedly step down to be replaced temporarily by global media head Ross Levinsohn while Yahoo once again looks for a leader. And Yahoo's five directors, who were set to step down in the summer, will leave the board immediately to make room for Dan Loeb's Third Point nominees, with recently added director Fred Amoroso moving to board chair. [View news story]
Thompson is stepping down on his own accord - Loeb and another large shareholder can't force that to happen just because they own a lot of shares.
Embattled Yahoo (YHOO) CEO Scott Thompson will reportedly step down to be replaced temporarily by global media head Ross Levinsohn while Yahoo once again looks for a leader. And Yahoo's five directors, who were set to step down in the summer, will leave the board immediately to make room for Dan Loeb's Third Point nominees, with recently added director Fred Amoroso moving to board chair. [View news story]
Mirage Of Rimage's Cash [View article]
Mirage Of Rimage's Cash [View article]
"The aggregate purchase price payable in the merger was $52 million, consisting of approximately $39 million in cash and the ISSUANCE OF 1,000,000 SHARES OF THE COMPANY'S COMMON STOCK"
You're welcome.
And welcome back to the 11's - hope you were pleased with the 1Q guidance yesterday.
AOL Is In Danger Of Rendering Itself Obsolete [View article]
What do you mean by non-core? The media businesses they've acquired or their dying dial-up subscription business? If you mean the latter, why would TZOO want to take on a terribly run, not profitable attempted turnaround media growth story? If you mean the former, why would TZOO want to take on a dying dial-up internet business?
Neither of those scenarios make any sense if you ask me. Luckily I don't think any of us have to worry about this pie in the sky EVER occurring....though I'd be entertained to see your responses to any or all of my questions.
AOL Is In Danger Of Rendering Itself Obsolete [View article]
Make It Rain: Corporate Edition [View article]
Thrilling Thursday: Our One Trade Does Good [View article]
Why Molycorp Is a Buy Despite Its Sticker Price [View article]
Oh wait, but the price of rare earths has fallen off a cliff, just as I predicted in many comments and my article. Supply/Demand + retail investor hype = overvalued. Now reality has set in. On a short time frame (i.e. the month that he wrote this article), the market is a voting machine, on a longer time frame of a year or more, it's a weighing machine. 'Nuff said.
More on the Molycorp (MCP -15%) downgrade: Longtime bull Mike Gambardella "(takes) a more cautious stance on the stock," noting the recent decline in rare earth prices and a sharp cut in forecast world demand. However, he still sees China taking steps to reduce supply and restrict production over time. [View news story]
hhgregg Inc: Undervalued With Strong Growth Potential [View article]
Why Molycorp Is a Buy Despite Its Sticker Price [View article]
Molybdenum Just Keeps Getting Better and Better [View article]
MCP DOES NOT PRODUCE MOLYBDENUM
Molycorp is at least partially responsible for SeekingAlpha losing relevance as a site, writing like this and a number of other MCP related articles is laughable.
Nice secondary and convertible offering this afternoon, MCP shares are worth even less now.
Add Larry Summers to those worrying about a 1999-style internet bubble after LinkedIn's (LNKD) exuberant IPO, but Dealbook believes this boom is different. The companies going public now have more than just “eyeballs” - they're real businesses with real earnings and revenue - and there's no flood of new companies coming to market. [View news story]