Seeking Alpha

Matthew Smith

View as an RSS Feed
View Matthew Smith's Comments BY TICKER:
Latest  |  Highest rated
  • Today's Market News To Trade On: 5 Stocks Moving On News [View article]
    Yes, but just pay attention to it...investors are quick to forget and then when it happens again they hit the sector across the board...it happens all the time and just happened in coal a month or two ago. We might enter a period where pricing power is non-existant for the rails in the coal basins...transportation costs could very well come into play when deciding whether to close Mine A or Mine B if production costs are similar. I think we both recognize the value presently there..just differ on the point of entry.
    Sep 21 11:27 AM | Likes Like |Link to Comment
  • Today's Market News To Trade On: 5 Stocks Moving On News [View article]
    I like rails too, and yes they do come roaring back - especially now that the companies are so healthy financially compared to times in the past. Just want to see everyone else report their numbers and comment on how much of an impact coal shipments will have upon their businesses.
    Sep 21 10:44 AM | Likes Like |Link to Comment
  • 5 Commodity Stocks Moving On News [View article]
    Short-term, not a long-term trend in my opinion. Just appears that the market has a period where not a lot of news will be coming out, we will be consolidating recent gains and we have various fires that seem to pop up after these moves forward. Thinking that playing names with news or where the story is bullish will be the way to go, and there are 3rd quarter earnings on the horizon.
    Sep 21 10:19 AM | Likes Like |Link to Comment
  • 5 Commodity Stocks Moving On News [View article]
    Jenny at the end of the day I cannot please all of the people all of the time, but I can some of the people some of the time and that is what I have done. I made calls for lows in stocks readers never saw coming and took a lot of heat for it, with most assuming I had no idea what I was doing and that I could not possibly understand the sector. Bottom line is just about every one of those predictions came true and I gained some fans along the way to sticking to my beliefs.

    Now I saw the turn in uranium when that was hated and got involved early enough there to confidently say that that was a career maker, literally. Potash, rare earths, silver and oil even back in the late 90s and early 00s. I am confident when I clearly see the sector has bottomed and has turned it will in fact be before many of the "smart people" do. Not trying to sound cocky, but the track record is there. I honestly worry less about getting people into a play and more about getting them out, as THAT is my true weakness, full disclosure.
    Sep 21 09:32 AM | Likes Like |Link to Comment
  • Today's Market News To Trade On: 5 Stocks Moving On News [View article]
    May is in there, and it is our opinion that it won't happen. Obviously you disagree, but that is why people come to places like SA to read articles...get different ideas and perspectives. Our point is it is just not as easy as saying oh let's combine the networks because there is the debt issue and even if you argue that Sprint's share price is high enough that it would not dilute current holders or that it could get higher and not dilute that still does not solve the cash flow issue or how the debt will be serviced. If both were healthy the paper trade would be fine, however a merger between the two would require some type of debt refinancing/structuring and/or a stock sale to raise cash to service everything. That is the way it looks now at least.
    Sep 20 01:44 PM | 1 Like Like |Link to Comment
  • Today's Market News To Trade On: 5 Stocks Moving On News [View article]
    That was not the basis here, just a comment to you in the bottom. And it was a 'may' statement...open to debate. IF Sprint is a buyer in the industry, we just think they would look elsewhere first.
    Sep 20 12:28 PM | Likes Like |Link to Comment
  • Today's Market News To Trade On: 5 Stocks Moving On News [View article]
    Sprint has indicated that in the past, look no further than their actions with Lightsquared and so on. We stated yesterday prior to his comments that the company could be rolled up into their largest shareholder...um Sprint - kind of on the news before the news type of deal there. Their history with CLWR is troubled at best and it could go either way, but every time that they have had the chance to take CLWR out, they have declined...other targets would do a lot more for them at this point and add to the top and bottom lines right away. Also, the fact we said the $2/share area was a top when the stock jumped around 50% was spot on...Check your facts and please read before commenting. I have no other motives other than to try and help readers and investors make money.
    Sep 20 11:46 AM | 1 Like Like |Link to Comment
  • 5 Commodity Stocks Moving On News [View article]
    TFCAB, you are correct! And I like to cite KOG due to it being a 'risk-on' type of trade, good volatility here both ways depending upon the price movements. I'd really love to know the real cause of that $4 drop the other day...lots of rumors but no answers at this point, just lots of guesses or assumptions.
    Sep 19 08:41 AM | Likes Like |Link to Comment
  • 5 Commodity Stocks Moving On News [View article]
    Definitely a 2013 story to watch with Russia and their withdrawal of cheap uranium from the market.
    Sep 18 01:34 PM | 1 Like Like |Link to Comment
  • 5 Commodity Stocks Moving On News [View article]
    I think a large part of it was profit taking, 5-10% downside we see in individual stocks - today may have been the start of that but something was going on in the oil trading pits as the CME even came out with a release to discuss it. Either someone got cold feet or got a margin call from somewhere else and had to sell out. With that said, GPOR and EVEP had nice days considering the market today. Everyone needs some Utica exposure.
    Sep 17 05:05 PM | 1 Like Like |Link to Comment
  • Today's Market News To Trade On: 5 Stocks Moving On News [View article]
    Thanks, was not trying to get on you, just wanted to add a bit more color to those comments and better convey the private-public comment.
    Sep 17 02:09 PM | Likes Like |Link to Comment
  • Today's Market News To Trade On: 5 Stocks Moving On News [View article]
    It does not matter how you say it, it means the same thing! It just seems that Twitter and Pinterest offer far more engaging ads and potential ads compared to others in the social sphere.
    Sep 17 12:08 PM | Likes Like |Link to Comment
  • 5 Commodity Stocks Moving On News [View article]
    Hey there w/ you, but one of the few here which has actually predicted these lows...so asking for confirmation of a new uptrend should be no big deal.
    Sep 14 01:12 PM | Likes Like |Link to Comment
  • 5 Commodity Stocks Moving On News [View article]
    Gulfport (GPOR), EV Energy Partners (EVEP) and some I will be introducing in some upcoming articles!
    Sep 14 09:04 AM | Likes Like |Link to Comment
  • 5 Commodity Stocks Moving On News [View article]
    Right now not bearish like we were. Moved to neutral I guess before ACI earnings when we actually bought the weekly options on ANR for a 2 day trade - those options made the money on Friday not really due to coal though, just the market. That's the background, but waiting to see confirmation that we are moving higher...yes stock prices are up, but it was about a week ago we were at fresh lows on some big names. We will move into the blue chips first, and because of the nat gas exposure probably CONSOL as one of the first 2 or 3 to hedge a little. Hope that helps!
    Sep 12 11:41 AM | Likes Like |Link to Comment
COMMENTS STATS
686 Comments
229 Likes