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  • SFX Entertainment IPO Will Rock You [View article]
    I agree that these music festivals are going to keep getting bigger and bigger. Guys just can't say no to the idea of standing shoulder to shoulder with heavily intoxicated and scantily clad girls in a party environment. However, I do think that that party environment presents an above-average degree of risk to shareholders.

    Check this article out: http://nyti.ms/1ait8Wx

    With tens of thousands of people going to the festivals, the chances are high that at least one or two kids are going to end up unintentionally killing themselves with these party drugs.

    Then the festival gets shut down. Then tickets get refunded. Then people sell shares. But at the end of the day, that kind of risk comes with the nature of the company, and I'm sure they are working on ways to try to minimize these occurrences. Should be an interesting IPO to watch.
    Oct 8 07:14 AM | Likes Like |Link to Comment
  • A Sane Response To Some Of Apple's Insane Criticisms [View article]
    Thanks for the feedback, but I think you might be over-thinking it.
    May 20 10:45 PM | 1 Like Like |Link to Comment
  • A Sane Response To Some Of Apple's Insane Criticisms [View article]
    Good question, xamd. Apple's biggest market may be the US, but, because the company does so much business overseas, US revenue accounts for about 1/3rd of its total pie. I was looking for a more recent chart but here is one from Q2 2012 showing a breakdown of revenue by location:

    http://bit.ly/11zJMBN

    Also, here's one from January of this year that shows how China is Apple's fastest growing market:

    http://bit.ly/10Eu6af

    All companies make use of a few accounting tricks (not necessarily illegal ones) to lighten the tax burden, but in this case, Apple really does make a great portion of its revenue overseas.
    May 13 07:42 PM | Likes Like |Link to Comment
  • Medical Marijuana's Journey To $0: CannaVEST Payment Was Worthless [View article]
    Well rruunneerr, could you have made some money trading the stock when it went up 11%? Sure, but it's just pure gambling when the company is worth nothing. Just because a stock is trading at a certain price does not mean that it is worth that, and with penny stocks... well now you're talking liquidity issues (as in you won't be able to sell your shares) and potential bankruptcy (let's see you try to recover any of that $100,000 after that happens). If you put $100,000 into this stock then you probably deserve to lose it all. Would you go to a blackjack table and bet $100,000 on one hand? You could lose every last penny. Every one is always drawn to the allure of a penny stock turning into a multi-bagger, but I can assure you that for the vast majority of micro-caps, the only people who make money are the ones who issue them.

    Ashraf, really nice article. Shows the importance of looking past the headlines.
    May 13 07:25 PM | 2 Likes Like |Link to Comment
  • Escape Strategies For When The Stock Market Starts To Burn [View article]
    Touche
    May 12 09:58 PM | 1 Like Like |Link to Comment
  • Escape Strategies For When The Stock Market Starts To Burn [View article]
    Good work on a well done article. The first thing that comes to my mind after reading it and its comments are the words: self-reinforcing beliefs. As FDR so eloquently put it, "the only thing we have to fear is fear itself — nameless, unreasoning, unjustified terror which paralyzes needed efforts to convert retreat into advance."
    May 12 09:40 PM | 2 Likes Like |Link to Comment
  • A Sane Response To Some Of Apple's Insane Criticisms [View article]
    Excellent point Darth
    May 11 10:05 PM | Likes Like |Link to Comment
  • A Sane Response To Some Of Apple's Insane Criticisms [View article]
    Thank you very much for the kind words Hoopono! They are much appreciated.
    May 11 04:42 PM | Likes Like |Link to Comment
  • A Sane Response To Some Of Apple's Insane Criticisms [View article]
    Thanks for the feedback. Regarding the tax repatriation holiday, I was referencing several sources (including Bloomberg: http://bloom.bg/YNcXzQ).

    I assume that Google must spend much more on lobbying for the types of issues you mentioned like internet, privacy, etc. than Apple does. They may not be the biggest spender, but overseas profit repatriation has been a topic near and dear to the companies heart for a while now.
    May 11 04:28 PM | Likes Like |Link to Comment
  • A Sane Response To Some Of Apple's Insane Criticisms [View article]
    That's an excellent point. Thanks for the comment!
    May 10 08:40 PM | Likes Like |Link to Comment
  • A Sane Response To Some Of Apple's Insane Criticisms [View article]
    Thanks for the comment Victor!
    May 10 01:31 PM | Likes Like |Link to Comment
  • A Sane Response To Some Of Apple's Insane Criticisms [View article]
    Thanks for a great comment! It really is an interesting thing to witness such divisive market sentiment with Apple. Comes with the territory I suppose, but you're spot on when you say that Apple engineers aren't napping. They'll keep doing what they do best.
    May 10 01:29 PM | 1 Like Like |Link to Comment
  • A Sane Response To Some Of Apple's Insane Criticisms [View article]
    Thanks for the comment. I'm hesitant to underestimate the potential of the iWatch. Nike's FuelBand has sold well enough to show that consumers aren't opposed to technological wrist-wear. We'll see where they go with it, though, as function, design, and price will obviously be important.

    I agree that Apple's intent was probably to put a floor in the price, but also to the company more investor-friendly.
    May 10 01:26 PM | 1 Like Like |Link to Comment
  • A Sane Response To Some Of Apple's Insane Criticisms [View article]
    No tin foil hat here, Jon... I wasn't aware anyone would interpret the Hewlett-Packard anecdote as an accusation of the company, as it most certainly was not intended to be.

    I respectfully disagree with your assertion that Apple is running out of ideas. Yes, investors have been spoiled in the past with Apple releasing new products in a relatively short time span. However, it took about 7 years for the iPhone to go from conception to release, and even longer for the iPad. So for the 6 and a half years that Apple was working on the iPhone before it was officially announced, I'm sure there were many who might've thought that Apple was a one-trick pony with the iPod.

    Apple is an innovator. It always has been and always will be. Look around at Apple's competitors and you will see many copycats and spinoffs of Apple's original designs and ideas, and that is certainly not by coincidence. Thanks for the comment
    May 10 01:12 PM | 1 Like Like |Link to Comment
  • A Sane Response To Some Of Apple's Insane Criticisms [View article]
    Thank you for your comment! I think you make an excellent point and argument that many people are forgetting--that iTunes and music entertainment is a big part of what made Apple the company it is today. You point out the potential of iRadio brilliantly and I'll be paying close attention to it as it develops.
    May 10 12:37 PM | 2 Likes Like |Link to Comment
COMMENTS STATS
25 Comments
15 Likes