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Mike Maher

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  • Apple beats estimates, but guidance disappoints [View news story]
    They use machines, its not just one guy ;)
    Jan 27 04:40 PM | 33 Likes Like |Link to Comment
  • Keystone pipeline decision delayed again, likely until after November elections [View news story]
    One of the least friendly to business presidents of the last 50 years - no wonder job growth has been so poor.
    Apr 19 10:57 AM | 31 Likes Like |Link to Comment
  • Linn Energy: Many Ponzi-Like MLP Blow-Ups To Follow [View article]
    The upstream MLPs are very different from the pipeline MLPs, I'd keep that in mind when telling people to dump all MLPs.
    Jul 5 11:44 AM | 24 Likes Like |Link to Comment
  • "Has any single human being, either directly or indirectly, cost the United States more money than Osama bin Laden?" Ezra Klein considers the direct effects on the economy from 9/11, the wars in Afghanistan and Iraq, enhanced security measures, high oil costs that may have started the credit bubble that led to the financial crisis... "we're talking about many trillions indeed."  [View news story]
    Bin Laden started the credit bubble??? I didn't know he worked for the Fed under Greenspan, allowed investment banks to leverage 30-1, packaged mortgages into securities with poor under writing, and purchased hundreds of thousands of US homes he couldn't afford. Get real.
    May 2 05:59 PM | 24 Likes Like |Link to Comment
  • Bank Of America Has Failed Shareholders [View article]
    I think you are 100% wrong in your analysis that a dividend increase would have been a better way to return capital than the buyback. With shares below book value buybacks are a much, much, much better use of capital than dividends, since buybacks increase the value of all the remaining shares. Its why Berkshire Hathaway only buys back shares with them trading below book, and pays no dividend. As long as the shares trade significantly below BV any company with half a brain is going to buy the shares back, since they are buying for $0.60 something that they have on their books at $1.00, its a fantastic investment.
    Mar 17 12:10 PM | 22 Likes Like |Link to Comment
  • The Obama administration is considering a plan to tax drivers on the amount of miles they drive. The tax could be enforced by installing equipment in vehicles to track usage, and payments could be made at service stations.  [View news story]
    So in addition to having to pay states to go on toll roads, drivers would have to pay the Federal government to drive as well? Another means for the government to get bigger. I think this will be met with such a backlash from voters that it would never actually get passed.
    May 5 05:48 PM | 17 Likes Like |Link to Comment
  • Author Update On MCig And Turn Your Cash Into Vapor [View article]
    Just so I understand this, you are saying that you researched, wrote, and had published a piece that was highly critical of MCig, but did not realize their primary product was a) different from the generic devices you compared it to and B) had only been available for a portion of the most recently filed quarter, until management reached out to you?

    This is why SA should not be publishing anything on stocks with a market cap under $500 mil.
    Mar 25 04:08 PM | 16 Likes Like |Link to Comment
  • MCig dives; SA author critical of valuation, competitive standing [View news story]
    I feel like this doesn't belong in the "Breaking News" section. SA posted a piece by a person, whom they do not verify is actually a consultant, on basically a microcap stock, which the editors have to know will drive the price down. Then they highlight that SA author called it, and SA moves the market. All his article really says is they only have 1 quarter of revenue, and the valuation based on 1 quarter of revenue is high. Also gives no proof on them not having proprietary tech, or any data on VitaCig, or anything else. SA seems to like being able to influence small stocks, and the fact they're hyping both the long and short side of the "pot stocks" cheapens the site's integrity, to me at least.

    I get you're trying to make money, but the fact the website posted a negative fluff piece on a small cap, and it went down, isnt breaking news, just as its not breaking news that if you post on a small cap and it goes up.
    Mar 24 05:46 PM | 16 Likes Like |Link to Comment
  • AP report: The ethanol push is "an ecological disaster" [View news story]
    Its good for votes from the midwestern states, and thats all anyone in Washington DC cares out. This is what the country gets for electing a bunch a lawyers who have never run anything but a campaign and letting them run the country. We did this to ourselves, electing based on TV commercials and speeches rather than qualifications and political ideals.
    Nov 12 08:00 PM | 15 Likes Like |Link to Comment
  • White House mulls massive reduction in power emissions [View news story]
    That price for solar is ridiculously low - I'd like to see what the annual price escalations of that contract are. The 30% ITC also likely helps them make that project feasible, but its not very profitable.

    The problem with wind and solar is that, even if they were free to build, maintain, and operate, you still need nuclear, coal, nat gas, and hydro for baseload power. You have to be able to turn things on and off, and no one can make the sun shine or the wind blow.
    May 16 10:29 AM | 14 Likes Like |Link to Comment
  • "Enough about the 'fiscal cliff.' What about the dividend cliff?" Jason Zweig notes that on Jan. 1, the maximum dividend tax rate will go from 15% to either 18.8% or a heart-fluttering 43.4% - which means some companies expected to pay billions in dividends in the first few days of 2013 could save investors a bundle by moving a little sooner. Don't miss: He harks back to Ben Graham's drastic proposal that all surplus cash go to dividends unless an annual-meeting vote explicitly provides for reinvestment. [View news story]
    The wars are winding down, and the bank bailouts were a one year cost. How does that explain the $1 trillion + deficit each year over the last 4 years? Over the last 12 months, $262 billion has been paid out in dividends. Even if half of that went to the government, a rate that we can likely all agree is too high for the country as a whole, it only reduces the deficit by 10%. We have a spending problem as much as we have a revenue problem.

    If instead, we got rid of our current worldwide tax system, and let US companies bring money back into the US without being taxed twice (as happens in the majority of the developed world), there would be a huge flood of capital into the country, which could be used to pay down debt, pay dividends, build factories, or hire and train workers. The government would see increased tax revenue from new jobs and expanding profits, and the economy might start growing enough to meaningfully drop U-6.
    Oct 13 09:53 AM | 14 Likes Like |Link to Comment
  • So it turns out one-percenters are already satisfying Obama's 30% fairness rule. And while their effective tax rates have fallen since 1979, so have those of all income classes. Which has Barron's Gene Epstein wondering whether the real remedy lies in cutting federal spending.  [View news story]
    Simplifying the Tax Code would go a log way to ending this debate. Less loopholes, tax breaks, and deductions would make everything much more clear. Typical government though: why clarify and simplify current laws to make them less costly and harder to circumvent, when we can just make new laws? IF the governments' goal in taxation is to collect the most amount of money in the most effective way, I think the fact that an entire industry has sprung up to do peoples taxes is a sign that they have failed drastically.
    Apr 8 10:51 AM | 12 Likes Like |Link to Comment
  • GE Capital (GE +2.5%) cuts off lending to gun shops in response to public backlash since the Sandy Hook shootings. Though the company isn't the first financial firm to back away from involvement with the gun industry, the development puts the spotlight back on sellers such as Dick's Sporting Goods (DKS -0.4%), Wal-Mart (WMT -1.2%), and Cabela's (CAB +0.9%) which could see more foot traffic. It's also of interest to gun manufacturers Smith & Wesson (SWHC +0.8%) and Sturn Ruger (RGR -0.8%) - wallowing around with relatively low P-E ratios with future demand tough to forecast. [View news story]
    What public backlash? There isnt even enough support to get the gun bill through Congress.
    Apr 24 04:30 PM | 11 Likes Like |Link to Comment
  • Tesla Motors confirms Gigafactory deal with Panasonic [View news story]
    That explanation of Forward-Looking Statements is at the bottom of every press release that has forward looking statements. Its boilerplate legal stuff.
    Jul 31 09:27 AM | 10 Likes Like |Link to Comment
  • Keystone pipeline decision delayed again, likely until after November elections [View news story]
    Special - if you have natural gas in your home, you live under a pipeline. And how would oil executives convince the ppl who own the land where the pipeline is passing through to sell their homes to them? Your point makes no sense about why anyone is objecting to the pipeline either - ppl are concerned about the tar sands and global warming - very few are worried about their physical safety from an oil pipeline.
    Apr 19 12:02 PM | 10 Likes Like |Link to Comment