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Nikhil Nichani  

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  • Is GameStop's Used Game Business in Danger? [View article]

    What doesn't make sense? GameStop is very much effected by the ruling of this case
    Oct 14, 2010. 12:42 PM | Likes Like |Link to Comment
  • The Bad News Is Out: Time to Buy Micron Technology? [View article]
    I'm a big fan of Micron at these levels. I picked up shares last month in the 6.80, because as you said the shares are just too cheap. Any news for the fall of DRAM prices and etc was already priced into the shares that they ignored that even if company missed consensus, it still had its best fiscal year on record which is not something to ignore.
    Oct 11, 2010. 02:48 PM | 1 Like Like |Link to Comment
  • Seeking Alpha Launches Investing Applications Platform [View article]
    Definitely a great addition to the website. Seeking Alpha is becoming a supermarket for financial information
    Oct 11, 2010. 02:33 PM | 2 Likes Like |Link to Comment
  • Ameritrade Joins the Free ETF Party [View article]
    This is a great move by TD Ameritrade. Being a Ameritrade customer my self, this will be really beneficial for me as I was looking to add some dividend ETFS to my portfolio
    Oct 10, 2010. 02:58 PM | Likes Like |Link to Comment
  • PepsiCo: Investing Beyond Next Quarter [View article]
    Growing up in India, I could easily say the norm is usually "I'll take a Pepsi(translated into Hindi of course)" when referring to drink a soda, even if you really want coke. In fact, when we used to play street soccer when I was younger, we would always compete so the loser would have to buy the winning team "Pepsi" regardless of what soda we would actually get when we go to the store after the game.

    I prefer Thumbs Up over anything else though. Whoever hasn't had a chance to taste it yet is definitely missing out
    Oct 8, 2010. 12:43 AM | 1 Like Like |Link to Comment
  • PepsiCo: Investing Beyond Next Quarter [View article]
    Good article alex..keep up the good work
    Oct 7, 2010. 04:57 PM | 3 Likes Like |Link to Comment
  • Random Market Musings [View instapost]
    This was a pretty good read
    Oct 6, 2010. 01:00 AM | 1 Like Like |Link to Comment
  • Long Equities? Time to Hedge [View article]
    Technicals showed overbought going into October, however RSI and stochastic both have cooled down a little. However MACD is pointing to a short leg down until earnings release on Oct 18
    Oct 5, 2010. 11:53 AM | Likes Like |Link to Comment
  • Long Equities? Time to Hedge [View article]
    @ Jamie Hartford

    I appreciate your comment, but I notice just like many other commentators on my article, you also make an ad hominem error. Age is nothing but a number. A person 30 years old with barely any experience in the market isn't any wiser than someone who is 20 and has a few years worth of experience, yet people like you would rather listen to the 30 year old just on the basis of age. I truly wonder if a 20 year old Warren Buffet came up to you and gave you advice, if you would look at him with the same exact bias that you look at my articles. I'm not saying that I am a 20 year old Warren Buffet, but if you wish to make an argument please do so with valid points that disprove what I'm trying to say other than merely just saying I'm 20 years old I don't know what I'm talking about because logic like that just shows a strong level of ignorance on your part.

    As far as the recommended ETFs go, there is nothing wrong with them as a hedge in the short run(notice I said in my article its a short term hedge) as I said the options depend on the amount of risk investors are willing to take

    Thank you,

    Oct 5, 2010. 09:50 AM | 3 Likes Like |Link to Comment
  • Sensex Rises on Day of All-Round Selling: Is Now the Time to Book Profits and Exit Indian Markets [View article]
    Heres the article from the WSJ. I experienced all this first hand back in June on my visit to Delhi. Its an absolute shame how pathetic the developments have been. This was supposed to showcase India as an emerging country and like the article says it has been nothing but embarrassment.

    NEW DELHI -- The head of the Commonwealth Games rushed to New Delhi on Wednesday for emergency talks with top Indian officials amid widespread anger over the country's frenzied last-minute preparations for the event, due to start in little more than a week.

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    Cranes remove debris of a collapsed bridge at the Jawaharlal Nehru stadium on September 21, 2010 in New Delhi, India.

    Commonwealth Games Federation President Mike Fennell was to arrive here Thursday and had requested a meeting with Prime Minister Manmohan Singh, federation chief executive Mike Hooper told The Associated Press.

    Mr. Fennell's arrival came as organizers struggle to cope with unfinished buildings, a filthy athletes' village, where excrement was found in some rooms, a bridge collapse, an outbreak of dengue fever and numerous other problems.

    On Wednesday, part of a drop ceiling inside the weightlifting venue collapsed, government officials said.

    The Games, which bring together more than 7,000 athletes from the 71 countries and territories from the former British empire every four years, was supposed to showcase India as an emerging power in the international community. Instead, it has become a major embarrassment.

    Athletes were due to arrive beginning Thursday in the games village, which international sports officials have called unfinished, dirty, hobbled by numerous infrastructure problems and even "unsafe and unfit for human habitation."

    "It's just filthy. .. It hasn't been cleaned," said Mr. Hooper.

    Scotland's team announced Wednesday it would delay its travel to New Delhi.

    He said the problems had prompted Mr. Fennell to rush to New Delhi far earlier than he had come to previous games. His emergency trip "emphasizes that this is an important issue and we obviously need to engage at the highest level to get it fixed," Mr. Hooper said.

    New Delhi has been a frenzy of activity in recent weeks, as the city struggles to ready itself for the Games, which begin Oct. 3. The city has had seven years to prepare, though very little work was done until 2008.

    On Tuesday, hours after games officials blasted the organizers for the condition of the athletes' village, a pedestrian bridge leading from a parking lot to the games' main stadium collapsed, injuring 27 construction workers, five critically.

    "I've never come across this before," Mr. Hooper said of the last-minute preparations. "It's very frustrating to see the delays and the fact that we've had to come right down to the wire."

    "We've been complaining about the delivery of the venues for nearly two years, and the constant delays," he said.

    The Indian media blasted its officials for the turmoil. "C'wealth Games India's Shame," The Times of India newspaper said Tuesday in a page-one headline.

    But officials continued to downplay the problems, a position that international sports officials say defies reality.

    "We are absolutely prepared," Cabinet Secretary K. M. Chandrasekhar, told CNN-IBN television Wednesday.

    Speaking of the state of the athletes' village, Urban Development Minister Jaipal Reddy told CNN-IBN: "Athletes and guests should not bother about such small matters," and insisted it would be immaculate when the events begin.

    Referring to the collapsed pedestrian bridge, New Delhi Chief Minister Sheila Dikshit told reporters: "The accident is not as big as being made out to be. We are giving adequate compensation to those injured." Dikshit is the equivalent of the city's mayor.

    The athletes' village is due to open Thursday, when the first competitors are to arrive in preparation for the Games.

    In addition to shoddy conditions inside and outside the buildings, there also are problems with plumbing, wiring, furnishings, Internet access and cell phone coverage.

    Hooper also confirmed reports of excrement found in the village.

    The games have historically been dominated by England, Australia and Canada, and all three have voiced concerns about the conditions in India.

    "It's hard to cancel an event of this magnitude, but we are close to the wire, and teams may start to take things into their own hands," England chef de mission Craig Hunter told Britain's Press Association. "Athletes will start getting on planes soon and decisions will have to be made. We need new levels of reassurance."

    Scotland team's, the first batch of which was set to leave Thursday, delayed its departure for the games, saying it wants to give organizers time to prepare accommodation and solve the growing number of problems. Commonwealth Games Scotland chairman Michael Cavanagh said that would be put off for "a few days'

    Australian discus world champion Dani Samuels and England's world champion triple jumper Phillips Idowu both withdrew from the games Tuesday, citing concerns over health and security.

    Although no team has said it will pull out, New Zealand team manager Dave Currie had some of the strongest words for organizers.

    "If the village is not ready and athletes can't come, obviously the implications of that are that (the event) is not going to happen," Mr. Currie told New Zealand radio network newstalkZB.

    Criticism of the games have become increasingly vocal in recent weeks, with widespread accusations of corruption and mismanagement. Organizers were also struggling to cope with an outbreak of dengue fever and security worries.

    Security has been increased after unidentified gunmen wounded two tourists Sunday outside one of the city's top tourist attractions. An Islamic militant group took responsibility for the shooting.
    Sep 22, 2010. 11:50 AM | 1 Like Like |Link to Comment
  • Sensex Rises on Day of All-Round Selling: Is Now the Time to Book Profits and Exit Indian Markets [View article]
    Not what I said. I said the continuation of the rally will. Its gonna be a huge blow to India if they couldn't prepare for this event in 7 long years
    Sep 22, 2010. 07:43 AM | 1 Like Like |Link to Comment
  • Sensex Rises on Day of All-Round Selling: Is Now the Time to Book Profits and Exit Indian Markets [View article]
    I've said this in a few other articles. The commonwealth games will make or break indias rally. With less than 2 weeks to the games, India still isn't fully prepared to host the games. I would be scared to be long here in India, at least in the short run
    Sep 21, 2010. 07:05 PM | Likes Like |Link to Comment
  • It Does Matter How We Got Here [View article]
    Good article Scott. No matter which we you look at solving the problem you would be burnt one way or another. Its like you are standing in a ring of fire and there is no direction you can get out from without being burnt. Rajans method hurts you in the sohrt run, while Krugman causes a long term worry.
    Sep 21, 2010. 10:06 AM | 1 Like Like |Link to Comment
  • Why Micron Technology Is Undervalued [View article]
    To add to the disclosure, I had no positions at the time the article was written but I bought MU this morning
    Sep 20, 2010. 11:11 AM | 1 Like Like |Link to Comment
  • Intel: Buying Growth Is Not a Strategy [View article]
    HPs spending spree looks a lot like Intels back in the day
    Sep 19, 2010. 08:44 PM | 1 Like Like |Link to Comment