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Michael Alexander

 
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  • 20 Signs The U.S. Economy Is Heading For Big Trouble In The Months Ahead [View article]
    I can't believe that laundry list included a readers digest bankruptcy and ignored tax hikes hitting in 2013 that are 3 times the size of the sequester.
    Feb 20, 2013. 10:56 PM | 14 Likes Like |Link to Comment
  • Can the Boomers Retire? [View article]
    100% correct. The most valuable thing your money can buy is your own time. I'll take my time over the junk and credit card debt any day of the week. People overestimate the power of stuff to make them happy and underestimate how much better your life can be spending it doing things you genuinely enjoy rather than doing things that provide only a paycheck.
    Jan 2, 2011. 03:39 PM | 2 Likes Like |Link to Comment
  • Velti's Future Might Not Be That Cloudy [View article]
    These guys have consistently been on the verge of being sued by their publishers who are not getting paid. Take a look at this

    http://bit.ly/10oXQ0e

    This lawsuit was only staved off by paying off the developer leading the charge but there will be more.

    They have bar none the worse reputation among publishers in the industry. When it comes down to it they are one lawsuit away from chapter 11. To that end it seems like a great short candidate. A business model that involves not collecting money owed while your publishers flock to your competitors in droves while bad mouthing you to anyone who will listen is not viable.
    Jun 16, 2013. 10:43 PM | 1 Like Like |Link to Comment
  • Alloy Steel's Disruptive Technology Leads to Record Growth [View article]
    The company trades on the otc in the US rather than in AU. Historically they put out little information outside of the Q's and K's. Over the last 3 or 4 months they have gotten the message about shareholder communication and have put out more info including an early release of Q1 numbers along with things like the BHP contract announcement. As far as revenues the last 2 quarters revenues exceed all of the last fiscal year. The decrease you are seeing is likely fiscal 09 vs 08 when the company got slammed by the downturn.

    MSN is likely not including more recent earnings numbers which given the BHP contract and capacity expansion are IMO much more relevant.
    Feb 15, 2010. 11:16 AM | 1 Like Like |Link to Comment
  • Alloy Steel's Disruptive Technology Leads to Record Growth [View article]
    Disclosure should read "Long AYSI"
    Feb 15, 2010. 10:07 AM | 1 Like Like |Link to Comment
  • Trillion Dollar Coin To Wipe Out U.S. Debt [View article]
    The 14th amendment argument is completely absurd. The treasury would still be taking in enough income to pay interest on the debt. The only way we would default is if the executive chose to spend that money on things other than interest payments. Since that would be a discretionary move on the part of Obama he would in fact be the one "questioning" the debt. I can't believe anyone takes the argument seriously because there is a hole in it big enough to float an aircraft carrier through.
    Jan 5, 2013. 10:41 PM | Likes Like |Link to Comment
  • LRAD at an Earnings Inflection Point [View article]
    I doubt a 100 million dollar order would add 50 million to the bottom line. First as the company stated themselves an order that large would involve some margin concessions. It would absorb their NOL's and they would certainly be reporting tax expense against a deferred tax asset. Finally there is going to be SGA costs associated with that. You think the salesman who worked on that 100 million dollar deal isn't going to get some compensation for the win?

    I think you are a bit too optimistic but I think we would both agree that the impact of that kind of order would be huge.
    Dec 14, 2010. 02:08 PM | Likes Like |Link to Comment
  • Motorcar Parts of America: Betting on Strong Earnings [View article]
    not any public companies that I am aware of
    Apr 12, 2010. 10:35 PM | Likes Like |Link to Comment
  • Paul Krugman's 'The Accidental Theorist' Proves He's Almost Always Right [View article]
    "I want Krugman critics to cite one incident where he was blatantly wrong. ONE!"
    ------
    Thats easy when he said in 2002 the fed needs to create a housing bubble. He then showed a complete lack of character in trying to lie his way out of admitting that he called for the current debacle.
    Jan 24, 2010. 07:00 PM | Likes Like |Link to Comment
  • Alloy Steel International: Explosive Growth at a Reasonable Price [View article]
    A couple of comments

    First I attribute the drop in share price after last Q to disappointed speculators who jumped in after a blockbuster Q4 where everything from sales to margins clicked perfectly. The stock had a near 100% runup into that report so it wasn't a suprise to see it lose some.
    One thing to keep in mind is especially in terms of gross margin there can be some significant variations from quarter to quarter for AYSI.

    As a previous poster noted since this article was written the company announced the expansion of their facility to include a second mill. This was news I had been expecting and it validates the growth thesis. I think this likely more than doubles their capacity. I think it will be awhile before 2 mills are running at full bore but assuming they get to that point there should be enormously higher earnings flowing to the bottom line.

    As far as how I found out about the company its just a matter of bleary eyed reading of quarterly reports until something interesting pops up.
    Feb 27, 2008. 01:01 PM | Likes Like |Link to Comment
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