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PSalerno  

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  • 2 salesforce.com Mysteries [View article]
    I am greatly in the money. I shorted first time last year in April around 30-32 and later after the summer started to accumulate big short positions until few days ago. Not a single position is in the red and they are 60- 70 times bigger than my CRM long position. Looking the numbers and the balance sheet is not enough, you have to understand the business. Actually VEEV revenue is growing just 5-6% in relation to q4. Any other number is delusional.
    Mar 4, 2015. 02:52 PM | Likes Like |Link to Comment
  • 2 salesforce.com Mysteries [View article]
    You are wrong. VEEV business has no growth in the future, while CRM business will grow.
    Mar 4, 2015. 02:24 PM | Likes Like |Link to Comment
  • 2 salesforce.com Mysteries [View article]
    Boxman - There is no reson to pay back debt now, it is a long term debt. Even if it was necessary CRM could easily pay back debt now using the 1B cash and adding the coming cashflow. There is absolutely zero risk of bankruptcy. Income is not important. I am short VEEV even if it has positive earnings and you can bet I am delighted today.
    Mar 4, 2015. 12:08 PM | Likes Like |Link to Comment
  • 2 salesforce.com Mysteries [View article]
    Debt is just 1.36B. Quite low against almost 1 B cash, 8B sales and 42B cap.
    Mar 4, 2015. 09:48 AM | Likes Like |Link to Comment
  • 2 salesforce.com Mysteries [View article]
    You are right, CRM does not have financial problem, the business is solid.
    Mar 4, 2015. 09:04 AM | Likes Like |Link to Comment
  • 2 salesforce.com Mysteries [View article]
    Thank you Surplus, probably deferred revenue is inflated by the longer contracts duration, so it is good to not count much on them and not be overbullish. I sold 70 and 75 calls against part of my long CRM after the recent pop up.
    Mar 4, 2015. 07:25 AM | Likes Like |Link to Comment
  • 2 salesforce.com Mysteries [View article]
    You have some good points. It is impossible to understand in details what is happening, why the deferred revenue is so high compared to forecasted revenue, at least for me. Anyway I am short AMZN and long CRM because I think the products offered by CRM are real and profitable. CRM is still in quite early stage with high growth in revenue and high expenses. The challenge is to turn this revenue into profit. A change in sentiment can obviously be a negative for CRM as well as for all other stocks. I am long on a relative basis.
    Mar 3, 2015. 11:27 AM | 2 Likes Like |Link to Comment
  • Is Exact Sciences Poised For A Monopoly On Colon Cancer Screening? [View article]
    Yes it is a good alternative to a colonscopy for asyntomatic and average risk people.
    If cologuard is positive the colonscopy will be done with full attention, dooctors may want to be sure that preparation is fine, colon is well cleaned even in the proximal side, etc... But when you suspect a CRC you can save precious time doing directly a colonscopy.
    Mar 2, 2015. 09:10 AM | Likes Like |Link to Comment
  • Evaluating Ensco's Dividend Cut [View article]
    Expected by whom ? When bad times come you may not want to use cash for dividends, that is the worst thing to do. Oil price is forecasted to stay low for some time, companies are cutting expenses and drilling, it is something to deal with for an unpredictable time. I am glad that Ensco is doing the right things, cutting dividend and halting buyback.
    But I agree with all your supplementary considerations.
    Mar 2, 2015. 09:05 AM | Likes Like |Link to Comment
  • Is Exact Sciences Poised For A Monopoly On Colon Cancer Screening? [View article]
    Amerlafrance - Sadly I saw many cases like your daughter. It is quite common for doctors to make a diagnosis of Irritable Colon (colitis) without excluding a cancer in first place. But in your case there was the familiy history positive for CRC that makes your doctor look guilty. He should have ordered a colonscopy as told by Investing Doc and eventually a TAC, because sometimes even a Pancreatic cancer or other abdominal cancers can simulate a colitis.
    Mar 2, 2015. 08:39 AM | Likes Like |Link to Comment
  • Evaluating Ensco's Dividend Cut [View article]
    I was not at all surprised by the dividend cut. You do not pay future dividend with past earnings, you pay with future earnings.
    Mar 2, 2015. 08:22 AM | 2 Likes Like |Link to Comment
  • Using Existing Technology To Anticipate Adoption Of Exact Sciences' Cologuard Test [View article]
    I suggest you to study what is proximal colon to avoid mistakes made in your comment. Most words used in medicine come from greek, generally overlooked in US, so if you are not a doctor, you keep making mistakes even if you read some publication.
    Mar 1, 2015. 07:05 AM | Likes Like |Link to Comment
  • Using Existing Technology To Anticipate Adoption Of Exact Sciences' Cologuard Test [View article]
    Not at all.
    A location proximal to the splenic flexure is not equivalent to the proximal colon , because the splenic flexure is on the left and it comes after the transverse colon. Transverse colon should be split in 2 parts because it is not distal neither proximal.
    You should stop reading things you do not understand.
    I reiterate that just 15% of all CRC are located in the proximal colon and 56% in the recto. The remaining 29% are located in the distal colon which is comprensive of descending colon, right side of transverse colon and sigma. The majority of them are in the sigma. People can see from this that the more distal part of the colon (sigma) is at higher risk after the recto.
    Mar 1, 2015. 03:22 AM | Likes Like |Link to Comment
  • Petrobras: This Stock Is So Bad It Might Be Good To Buy [View article]
    Debt 35% of GDP is low.
    Feb 27, 2015. 02:41 AM | Likes Like |Link to Comment
  • Wabtec Had An Excellent Year In 2014 [View article]
    WAB was always expensive, not just now.
    Feb 26, 2015. 09:10 AM | Likes Like |Link to Comment
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