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Marc Courtenay  

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  • Guess What Happened The Last Time The Chinese Stock Market Crashed Like This? [View article]
    "From October 2007 to October 2008, the Shanghai Composite Index absolutely crashed. In the end, more than two-thirds of all wealth in the market was completely wiped out." It's been almost 8 years. The Chinese stock market is the "canary in the coalmine". I'd recommend the book "The Crash of 2016" by Thom Hartmann. The current bubbles probably have another year to keep expanding. The scripted dramas in Greece and China will likely be the perfect excuses for our Fed to continue its ZIRP monetary approach for the rest of 2015. Then in the last year of a 2-term president and/or the first year of a new president those who control monetary policies will let this "House of Cards" come tumbling down. Yes, it does feel like 2007 all over again which set the stage for the crash of 2008-2009. The next one will make the last one look smaller by comparison. Hope I'm wrong.
    Jul 3, 2015. 04:04 PM | 6 Likes Like |Link to Comment
  • Coeur Mining: A Bargain Play On Higher Silver Prices [View article]
    I second the kudos for a logical, easy to read article that makes good sense. The time to buy the miners is when few want them, and that's about where we are. A sensible way to also reduce risk would be to buy the ETF SIL. CDE is one of its top ten holdings. Thanks again Jason for a timely article.
    Aug 5, 2014. 08:30 PM | Likes Like |Link to Comment
  • Price Entry Point For CVR Refining For Double-Digit Earnings [View article]
    Good article, strong suggestions, very good comments. Kudos to all
    Jul 1, 2014. 05:33 PM | Likes Like |Link to Comment
  • Apple's 50% Upside Driven By Growth, Free Cash Flow And Dividend Increases [View article]
    Budavar and All:
    First, I appreciate the debate and the comments. Yes, I'd much rather be an optimist about a company that's created perhaps the most customer-centric culture in the world. My recent experience in the Apple store was above and beyond courteous, helpful and pleasing. It was so excellent I was compelled to write a thank you to the store's manager. The customer's experience is difficult to evaluate in dollars and cents, but it's worth a fortune. I stand by my thesis for Apple stock, not because I'm bound to be correct, but because it is sensible, realistic and grounded in personal experience. Who would have dreamed 12 years ago that would trade at its price today. Oh yes Budavar, I reinvest my Apple dividends and have experienced the "miracle" of compounding growth. Let's keep our eyes and ear open for more facts about the growth plan for the world's most valuable publicly-traded company.
    Jun 25, 2014. 12:14 PM | 2 Likes Like |Link to Comment
  • Kroger First-Quarter Earnings Preview [View article]
    Good article and good insight on a good stock to buy on a pullback. Nice work!
    Jun 13, 2014. 07:18 PM | 1 Like Like |Link to Comment
  • Kraft Foods And Other Ideas To Find The Next Hillshire Brands [View article]
    Although I own CAG as well, I agree that GIS and PEP are stronger companies with better brand recognition as well as deeper pockets. I'll be buying KRFT and GIS if we get a deeper dip in the share price. I already own some PEP.
    Jun 10, 2014. 09:08 PM | Likes Like |Link to Comment
  • Kraft Foods And Other Ideas To Find The Next Hillshire Brands [View article]
    You're most welcome. Liked the "...bring home a little more bacon" humor too.
    Jun 9, 2014. 12:17 PM | Likes Like |Link to Comment
  • CVR Refining Unit Price Is At Its Lowest This Quarter [View article]
    Thank you Tom for your article which reminded us of one of the best times to buy a refiner like CVRR. You had several other helpful points and observations. Wishing you the best results and that you keep on contributing. Regards, Marc
    May 27, 2014. 06:59 PM | 2 Likes Like |Link to Comment
  • Yahoo's Latest Acquisition And Why It Needs To Get Moving Right Now [View article]
    Good points, sound reasoning and my feelings as well. Kudos Leigh, and let's hope Ms. Mayer doesn't miss the opportunity by "blinking". My Best, Marc
    May 15, 2014. 05:56 PM | 1 Like Like |Link to Comment
  • A Timely Warning: Johnson & Johnson May Correct With The Stock Market [View article]
    Dolph, Mike and George,
    Your points are well taken. But remember, we're not just talking about some end-of-the-world scenarios in order to look for buying opportunities or when to take some off the table because a stock like JNJ has gone up too far too fast. We can come up with all kinds of rationalizations why an investor should buy and hold certain companies forever. Companies like JNJ, KO, and PG aren't likely to "fail" but that doesn't mean they can't "fall". Whatever works for you and helps you sleep better at night is great by me. In the final analysis you're going to do fine, as long as you always have some cash on the sidelines to buy great companies when they inevitably go "on sale". This way you are "prepared" no matter what the short-term market action brings. Best to You All, Marc
    May 8, 2014. 03:01 PM | 1 Like Like |Link to Comment
  • A Timely Warning: Johnson & Johnson May Correct With The Stock Market [View article]
    Also, concerning the markets, today is the 4th Anniversary of the infamous "Flash Crash". Rather than give my opinion, I"ll share what Jim Cramer wrote earlier today for The Street's "REAL MONEY" column. It reminds us that its not just a stock's fundamentals that make even great companies like JNJ and APPL vulnerable to the power of the market mavens and their unregulated control mechanisms.
    "Now it's pretty clear that we never found out what really happened that day. The forces at work quickly coalesced to say they weren't at fault, and no one is going to come forward and take claim for such capital destruction. But the flash crash demonstrated that equities can fall apart in the blink of an eye and therefore don't deserve your trust. The exchanges put through some safeguards that were meant to bar a repeat of the insanity, and they seem to have worked. But the horse had left the barn, and confidence in stocks as an asset class never really returned.
    "It's funny, if I hadn't been so distrustful of the machines, I couldn't have been helpful that day. If I hadn't been so scornful and cynical and indignant, I would have been useless. What a shame.

    "In the end, the flash crash was about the lack of regulation and the lack of honesty in the system. Sorrowfully, if it happened again, I know I would do the exact same thing. This market is, alas, guilty until proven innocent and will remain that way until the government favors leveling the playing field in favor of the little investor who was eviscerated over a 30-minute period of ludicrous insanity."
    May 6, 2014. 03:33 PM | 1 Like Like |Link to Comment
  • A Timely Warning: Johnson & Johnson May Correct With The Stock Market [View article]
    You all (those who commented above) have exceeded my expectations. You did what George said so well, "The thought occurred to me in church this morning (not proud of that) that there is likely more to be learned in the commentary section here than in any "paid" site one could visit." BRAD, MIKE, SOMEDATA1, GEORGE AND OTHERS built a treasure trove of good ideas, keen insights and complementary perspectives, in a collegial, respectful and mature approaches. I'm in awe and sincerely appreciative. May we all be willing to consider time-tested, personal investing wisdom that we've learned from the Buffetts and the Neffs of the world. My gratitude and best to you all! BTW: If JNJ does fall to $93 or $92 that won't be the first time a great company went "on sale" and offered a better valuation and yield-to-price.
    May 6, 2014. 02:45 PM | 3 Likes Like |Link to Comment
  • When To Sell Your Apple Shares [View article]
    First, your article is a good example of a valuable article still being brief and to the point. My only additional point is investors might want to consider their position sizing disciplines. If they're not comfortable having too many of their investing money in one company they might want to take some off the table after AAPL shares split 7 for 1. Everyone's risk tolerance is different, so each should determine how much exposure they want to one company. If I could only own 4 stocks, AAPL would be one of the for sure. The others I reference in the following article
    May 5, 2014. 01:03 PM | 5 Likes Like |Link to Comment
  • A Timely Warning: Johnson & Johnson May Correct With The Stock Market [View article]
    I took the S&P 500 low of 666 times 284%. But 300% is an overstatement which I'll attempt to correct. Appreciate you pointing this out and time will tell when it comes to what the market will do and how it will impact JNJ. Glad to be able to make so many readers stop, consider and reexamine their own investing goals and prowess.
    May 4, 2014. 05:09 PM | Likes Like |Link to Comment
  • A Timely Warning: Johnson & Johnson May Correct With The Stock Market [View article]
    I stand (or sit) corrected on the percentage, and will attempt to correct it in the article. Thanks for pointing that out.
    May 4, 2014. 05:04 PM | 1 Like Like |Link to Comment