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Nate Sterling
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I have been a successful investor for 15 years now. I have a baccalaureate degree in psychology focusing on behavioral finance issues, and a doctorate degree in law. I believe in a long-term investing perspective. I believe that to be successful in investing requires both solid fundamental... More
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  • I Could Be Wrong But I Do Not Believe Sell In May Is The Right Strategy This Year Or Next

    I could be wrong but I do not believe sell in May is the right strategy this year or next (if you are in MU anyway). I believe the right stategy is to hold tight and ride out the bumps and potholes along the road as the market always has had crazy gyrations and volatility which is usually best to ignore. Based on the macro and micro fundamentals and technicals and business cycle and the decade cycle and the election cycle and seasonal cycles it looks like 2014 will be an okay year and 2015 will be a good year if you are in MU.

    Micron Technology Inc.
    Technology | Semiconductor- Memory Chips | USA
     financial highlights | statements
    IndexS&P 500P/E11.17EPS (ttm)2.41Insider Own0.70%Shs Outstand1.07BPerf Week2.59%
    Market Cap28.83BForward P/E8.86EPS next Y3.04Insider Trans-4.74%Shs Float1.06BPerf Month21.25%
    Income2.84BPEG1.09EPS next Q0.68Inst Own95.90%Short Float10.85%Perf Quarter11.70%
    Sales13.31BP/S2.17EPS this Y208.70%Inst Trans0.61%Short Ratio3.73Perf Half Y52.41%
    Book/sh8.76P/B3.07EPS next Y0.60%ROA15.40%Target Price29.25Perf Year162.99%
    Cash/sh4.21P/C6.40EPS next 5Y10.25%ROE32.50%52W Range10.21 - 27.40Perf YTD23.82%
    Dividend-P/FCF10.58EPS past 5Y20.40%ROI1.60%52W High-2.50%Beta1.80
    Dividend %-Quick Ratio1.40Sales past 5Y9.20%Gross Margin29.70%52W Low161.66%ATR1.02
    Employees30900Current Ratio1.90Sales Q/Q97.60%Oper. Margin16.00%RSI (14)61.35Volatility3.15% 3.68%
    OptionableYesDebt/Eq0.71EPS Q/Q317.90%Profit Margin21.30%Rel Volume0.78Prev Close26.93
    ShortableYesLT Debt/Eq0.47EarningsApr 03 AMCPayout0.00%Avg Volume31.00MPrice26.72

    Dow Jones 10-Jahreszyklus

    Dow Jones Vierjahres-Wahlzyklus

    Disclosure: I am long MU.

    Tags: MU
    May 09 3:28 PM | Link | 2 Comments
  • Market Risk Is To The Downside Now

    Going into cash or shorting probably wise move now. Bearish outcomes more probable than bullish outcomes, at least short term.

    Tags: SPY
    Feb 03 3:13 PM | Link | Comment!
  • ANGI, TSLA, NFLX Overvalued

    I believe that ANGI, TSLA and NFLX are overvalued. It wouldn't be a bad idea to buy some put options against these high flyers that are fundamentally worth a fraction of their current market cap. ANGI is of particular timeliness as will be reporting disappointing earnings tomorrow. The consensus number is they will report a loss per share of $.19, the whisper number has them losing $.21 per share. ANGI has severe competition problems from the likes of YELP and HomeAdvisor which offer freely accessible consumer reviews. Requiring consumers to pay subscription fees to access online reviews is a losing business model so YELP and others will continue eating ANGI's lunch. Also about 95% of ANGI's reviews are positive straight A reviews as they screen negative reviews. Also ANGI doesn't allow anonymous reviews, which screens out many negative reviews from people who don't want retaliation. See YELP allows anonymous reviews. ANGI has negative price momentum as it has fallen from over $28/share earlier this year to below $16/share. ANGI has consistently lost money each quarter of its existence. ANGI's forward P/E is above 50 even assuming the company's very positive earnings assumptions going forward. ANGI has negative ROA (-36%), negative ROI (-252%), negative operative margin (-18%), and negative profit margin (-19%). ANGI has negative book value per share. I believe the fair value of ANGI shares is at most $5 to $10/share.

    Disclosure: I am short ANGI.

    Tags: ANGI, short ideas
    Oct 22 1:06 PM | Link | Comment!
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  • MU is a steal at these levels today, selloff is silly because MCHP is a totally different business with different management.
    Oct 10, 2014
  • I Could Be Wrong But I Do Not Believe Sell In May Is The Right Strategy This Year Or Next $MU
    May 9, 2014
  • Market Risk Is To The Downside Now $SPY
    Feb 3, 2014
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