Seeking Alpha
View as an RSS Feed

Ron Reed  

View Ron Reed's Comments BY TICKER:
Latest  |  Highest rated
  • McAfee Predicts Rapid Evolution of Cyberthreats in New Year [View article]
    Totally the opposite really, NSSF, NRA, and others all cite the decline due to less restriction on guns. Stay tuned for Obama's push on legislation to increase sales further and limit freedoms while doing nothing to curb violence.
    Dec 28, 2012. 09:14 AM | Likes Like |Link to Comment
  • The House will reconvene on Sunday in an attempt to strike a last-minute fiscal cliff deal, Congressmen have been told. Equities are bouncing on the news. S&P -0.8%. Dow -0.5%. NASDAQ -0.6%. Pres. Obama may have a new proposal for Republicans to weigh. [View news story]
    It never ceases to amaze me that people that so totally rational about economics will fall into totally irrational speak about so many other things. Not only here, but everywhere, release the emotional aspect and look at the facts and draw a conclusion.
    Dec 27, 2012. 04:51 PM | 1 Like Like |Link to Comment
  • The House will reconvene on Sunday in an attempt to strike a last-minute fiscal cliff deal, Congressmen have been told. Equities are bouncing on the news. S&P -0.8%. Dow -0.5%. NASDAQ -0.6%. Pres. Obama may have a new proposal for Republicans to weigh. [View news story]
    And every president before and all that will come after. Drop in the bucket overall and budgeted in long ago so it has no impact.
    Dec 27, 2012. 04:47 PM | Likes Like |Link to Comment
  • The House will reconvene on Sunday in an attempt to strike a last-minute fiscal cliff deal, Congressmen have been told. Equities are bouncing on the news. S&P -0.8%. Dow -0.5%. NASDAQ -0.6%. Pres. Obama may have a new proposal for Republicans to weigh. [View news story]
    Yes that sounds totally plausible. About as likely as George Sorros getting Obama to not allow new leases off the gulf while he buys stock in Petrobraz. Give up the BS conspiracy and think a little. Good God!
    Dec 27, 2012. 04:46 PM | 2 Likes Like |Link to Comment
  • The House will reconvene on Sunday in an attempt to strike a last-minute fiscal cliff deal, Congressmen have been told. Equities are bouncing on the news. S&P -0.8%. Dow -0.5%. NASDAQ -0.6%. Pres. Obama may have a new proposal for Republicans to weigh. [View news story]
    IMO both sides are a joke. This was an issue last year at this time and was ignored all year in response to the elections. Both sides spend more time raising money than working on issues (so sayeth independent groups, not just myself). It seems fitting that we hold the debt ceiling and force cuts. I believe out cuts should begin where responsible, right in Congress. There are some great ideas out there, it just happens that none of them seem to come from those elected to be there. I'm so tired of the whole mess I could care less. Oddly enough, there is no where else I'd rather be though.
    Dec 27, 2012. 03:54 PM | 1 Like Like |Link to Comment
  • Joe Biden and other cabinet members are due to meet with law-enforcement leaders today to discuss gun policy after President Obama yesterday pledged to tighten control following the school massacre last week and put the Vice President in charge of an effort to formulate new laws. Proposals could include bans on the sale of assault weapons and compulsory background checks on gun buyers. SWHC and RGR are among the tickers on watch at the moment. [View news story]
    Sell?! Who would do that? Lookit, S&W is a profitable company making money hand over fist. Folks will continue to buy guns and are doing so at an accelerated rate year after year. Bans, restrictions, etc.. only limit those cited guns and so the money moves to other choices in the same market. Limit magazine capacity, and everyone flocked to the 1911 with a 8 round mag, everyone continued to make more and more products selling at higher and higher profit levels. As soon as the old (Clinton era) ban lifted, we saw a rise in the hi-caps again (and CCW guns) I see no reason that will change. Buy, buy, buy right now. I believe it was Buffet who is said to coin, "sell when others are greedy and buy when others are fearful(sic)" or to that effect....well, fear is at an extreme high and another ban will simply force great companies to make new guns that everyone wants.
    Dec 26, 2012. 05:05 PM | Likes Like |Link to Comment
  • Several Reasons Why A Takeover Could Make Sense For Weatherford [View article]
    Why would GE buy WFT? You've provided no reason for them or any other company to do so. I believe you are wrong, and no one is looking to buy them, but I'd like to see the analysis of why anyone would rather than just a re-hash of general knowledge out there available from any public news source.
    Dec 26, 2012. 04:57 PM | Likes Like |Link to Comment
  • Zagg (ZAGG +2.5%) approves a $10M buyback program. Shares will be purchased over the next twelve months at the company's discretion. [View news story]
    Here comes the short squeeze. Maybe we'll see some more realistic numbers for the stock come tomorrow. Good solid company with only rumors trying to bring it down.
    Dec 13, 2012. 11:29 AM | Likes Like |Link to Comment
  • ZAGG Announces Share Repurchase Program [View article]
    Here comes the squeeze.
    Dec 13, 2012. 11:28 AM | Likes Like |Link to Comment
  • Auto-part manufacturer Wanxiang has won the bidding for the assets of bankrupt battery maker A123 Systems (AONE) auctioned this week, for a reported $250M-$260M. AONE filed for bankruptcy in October after a financing deal with Wanxiang fell through. [View news story]
    No.
    Dec 8, 2012. 07:17 PM | Likes Like |Link to Comment
  • Groupon (GRPN +22.8%) ended up staging a monumental rally/short-squeeze today, and it looks as if Google (GOOG) acquisition rumors were the trigger. Google famously made a $6B offer for Groupon a year before it went public; even after today's move, the company is presently worth just $3.1B. But Groupon's prospects aren't looking as rosy as they used to. Volume was nearly 3x the daily average. (previous[View news story]
    The real question is why would google buy them now? Short this rumor or sell on this up swing.
    Dec 8, 2012. 12:31 PM | Likes Like |Link to Comment
  • SandRidge Energy (SD +5.5%) shares are strong as TPG-Axon, agitating for changes at the company including the ouster of CEO Tom Ward, launches a website providing detailed information regarding how SD shareholders may cast their votes in favor of the hedge fund’s proposals. [View news story]
    Which is exactly what TGP is trying to do. Take a look at the website, it is actually pretty well put together and simply the facts left for you to browse.
    Dec 7, 2012. 12:00 PM | Likes Like |Link to Comment
  • A123 (AONE) should see at least four bidders come in to try and buy the company out of bankruptcy at an auction that starts today. Johnson Controls (JCI +0.6%), NEC, Siemens (SI), and Wanxiang all qualified to bid for parts of the lithium-ion battery maker. [View news story]
    As a shareholder you will likely not see any return at all. The AONEQ stock will simply no longer be listed and the buyer will take all the assets. It is very rare that Bankruptcy courts have the buyer pay anything at all to the shareholder. Beyond that, WXG has a significant interest in the operation holding first return since it is the DIP (debtor in possession) They will be paid back first before any other debts are paid. I'm not certain where the US Gov't is in terms of place in line for pay-back of investment, but between what they owe to WXG and what they owe the US G. that pretty well covers all the value of the physical assets much less the rest of the debt they owe. If you hold shares you may as well hang it up for any return.
    Dec 6, 2012. 05:08 PM | Likes Like |Link to Comment
  • A123's Bankruptcy Auction: U.S., Chinese, Global Players Contend [View article]
    Normally the stock holders do not get anything. Depending on how many shares you are holding: If you are holding onto stock you should either sell it for the 0.08 it is worth right now, or if that will not even pay for the commission on it to sell, then just use it as a write-off for this year.
    Dec 3, 2012. 05:39 PM | Likes Like |Link to Comment
  • The cloud infrastructure market is officially seeing a price war. A day after Amazon (AMZN) cut prices by 24%-27% for its popular S3 storage service, Google (GOOG) is cutting prices for its storage offering for the second time this week: between today's drop and Monday's, Google has slashed prices by over 30%. Google and Amazon probably have the scale and cost structures needed to handle a price war, but Rackspace (RAX), which has already said it won't compete on price, could be in a tougher spot. Will Microsoft cut prices next? [View news story]
    I agree, AMZN is also extremely over valued and I have it shorted.
    Nov 30, 2012. 10:11 AM | Likes Like |Link to Comment
COMMENTS STATS
326 Comments
331 Likes