Shmulik Karpf

Long/short equity, growth at reasonable price, deep value, research analyst
Shmulik Karpf
Long/short equity, growth at reasonable price, deep value, research analyst
Contributor since: 2011
Bret, thanks for the article.
I've been covering CBI for a while.
A small, yet important correction - CBI's backlog is no longer the 30$ billion that we're used to (and the one you referred to) but 22$ billion, following the divestiture.
SK
sorry, but there is no growth in QUALCOMM. you're driving forward by using your rearview mirror
RS,
I couldn't believe that it's your name on this bearish article.... You have been a great advocate of NLY when shares traded at $17... and now you're saying - no hope??
I, on the other hand, warned investors to stay away from REITS a year ago and received quite a lot of heat from you...:-)
It's fascinating how dynamic the market can be - isn't?
SK
Glad I could help Joelkatz,
All the best,
SK
Thanks for your comment Ravee,
I believe that Microsoft and Cisco beat Oracle very easily when it comes to dividend payouts and share buybacks.
Keep in mind that Oracle share buyback program is just barely sufficient to cover the massive dilution caused by its stock option warrants,
much success,
SK
anthonyp,
That is not "double speak" - that is precisely my point - Oracle IS indeed a fantastic business. But not for its shareholders. Hence, I do not want to be a shareholder.
No need to be sarcastic,
much success,
SK
GOOD ARTICLE
Sorry about that, Doron...:)
Thank you for your comment Professor K.
Yes, the market moves in trends. and that is when the "buy" or the "sell" screams are heard most visually.
Nevertheless, If there is one thing I should be getting credit for - it is the imminent warnings I issued against mREITs back at the late of the summer when everyone was shouting "Buy for income" as if this is some miracle cure for something.
Having said that, yes, CIM might actually turn out to be a great play. but not at the price it was trading than,
SK
Well yrbe, you know how it is like. You can't time the market, but you should always aspire to make informed calls on it.
SK
Yes, I did. Thank you for correcting me on this,
SK
Not everything is priced in. Uncertainty has its benefits,
SK
I am truly happy for you,
SK
hi SkiDad,
I cannot blame you for entering this position. Everyone and his brother was shouting "buy for NLY for income" and all that hype. I did my best to try and prevent other investors from falling in this trip.
Now, if I were you - I WOULD NOT sell my position and lock a loss. In time (2 -3 years) dividends will likely compensate you for your capital loss.
best,
SK
I agree that Microsoft is a great buy and that "it certainly could afford to double the dividend from 92 cents to $1.84 per year. "
The problem with Mr. Softy is that there is a big difference between what the company can afford, and what will actually be done.
SK
It is my mistake. Yes, I meant strike - $52.
Thank you for pointing it out,
SK
I am sorry you feel that way.
Do you have any argument to support your statement or are you simply another "Annaly fan"?
much success,
SK
Karpf and associates are NOT short NLY
Had they been, they would have certainly disclosed it properly.
I recommend you start focusing on how to make money rather than try and come up with conspiracy theories...
much success,
SK
Hi Cogitor,
Yes, in general I do wait for higher vola to sell options - this will give us higher premiums. But sometimes, when the price is right - I will nevertheless sell options on a few specific stocks that I find rewarding. This usually happens when a total sector is battered (big blue tech) + a certain company's share has plummeted over a period of a week or so (MSFT). Sometimes, you just need to make a trade when it is right and not to wait for ALL the signals,
that is my take on things,
much success,
SK
hi re_train and thank you for your excellent comment,
I also write covered calls on shares that were assigned to me via my put selling. But that comes only at a later stage, and only IF I am indeed forced to purchase those shares,
much success,
SK
hi anil92691,
I assume you meant "how many options I have sold, not bought", right?
I have sold 10 options, obligating me to purchase 1,000 shares on December.
much success,
SK
hi dkMazz,
Yes, you need to call your broker and let him 'turn on the switch' on options in your account. You also need to remember that in most cases - a 20% deposit (of total equity obligation) is required.
Remember, you never receive a premium (cash upfront) from BUYING options, you only get this premium by SELLING them.
much success,
SK
True. A pure risk-free trade does not exist. But you tell me, how risky is a situation in which you predetermine the price you wish to pay for the stock and then - you end up paying this price and acquiring the shares?? how risky can it be? if you determined that it is a great buy at $29 or $28, then it is a FANTASTIC buy at lower prices.
It is simply the quote board that keeps puzzling us all the time...
much success,
SK
thanks for your comment,
SK
I could not agree with you more,
SK
You are correct. I must admit that I like to sell options (and puts in particular) when VIX>20. Nevertheless, sometimes I am more comfortable with settling for a lower premium but also for a lower strike price.
much success,
SK
That is a very interesting strategy. thank you for your comment,
SK
Well, I probably would not have considered it back then in June, and I would not consider it now.
Quite Frankly, I am not a big fan of leveraged ETFs. This one is really 'on steroids' with a leverage of X3. It has been my experience that this types of funds/ETFs drink up commissions and have high maintenance (due to the carry over between months). I try to avoid them altogether.
When I wish to be aggressive in a trade, I will normally go with options,
Much success,
SK
If I were to initiate a position in silver today, I believe I would focus on PAAS, a leading undervalued company in the sector.
much success,
SK
much success to you, Jim. Glad I could assist you.
SK
Debutant,
thank you for your compliments and kind words. Your advice on tagging is absolutely in place.
much success,
SK
I agree with Richard which is why I am personally long JNJ. Nevertheless, the company has obviously seen better times. Buffet's disposal of half of his position in the stock endorses that.
SK