Seeking Alpha
View as an RSS Feed

Sophocles Sophocleous  

View Sophocles Sophocleous' Comments BY TICKER:
Latest  |  Highest rated
  • S&P 500 Still In A Bull Market [View article]
    Scary indeed. We forget how recent the GDP stat really is. Difficult to put much trust in a number which can easily be changed. I can't remember right now but there was an emerging economy that shot up its GDP big time on a change of definition...
    Sep 1, 2015. 06:42 AM | Likes Like |Link to Comment
  • S&P 500 Still In A Bull Market [View article]
    eagle1003,

    I used the high and low of the SPY for the 14% return. I agree that there is definitely a lot there to put on a bear case, but I believe we need some technical confirmation and that has not come yet. The market sways from undervaluation to overvaluation and while at the recent highs I believe it to be quite fully valued that doesn't mean it can't move higher. If the market was logical we wouldn't be able to make much return. :)
    GDP is a funny number and can change just my twisting the definition. I recommend you check out Mauldin's piece here on GDP: http://tinyurl.com/q49...
    Aug 31, 2015. 12:29 PM | Likes Like |Link to Comment
  • S&P 500 Still In A Bull Market [View article]
    Agreed. Thank you for your comment.
    Aug 31, 2015. 09:01 AM | Likes Like |Link to Comment
  • S&P 500 Still In A Bull Market [View article]
    Yes, this is indeed true. No disagreement on that, however I don't think the US has become Japan just yet with regard to rates. Thank you for your comment.
    Aug 31, 2015. 08:38 AM | Likes Like |Link to Comment
  • Terex, Konecranes announce merger [View news story]
    Kevin, never listen to any sell side analysts.
    Aug 11, 2015. 10:00 AM | 2 Likes Like |Link to Comment
  • Why Newmont Mining Is Down 40% In 2 Months [View article]
    Cheap stock relatively, however it does follow XAU which has been in free fall. So monitor XAU for opportunity to enter NEM.
    Aug 11, 2015. 02:58 AM | Likes Like |Link to Comment
  • GameStop Is Approaching Fair Value [View article]
    Ben, thanks for the view. I agree. I bought GME under $20, sold it and got in again. But current prices look fully valued. Historical multiples put the high end at $48 and to justify a $50+ value then the current cash flows would have to continue. That would imply that margins don't drop which is the most likely scenario.
    Aug 3, 2015. 10:27 AM | Likes Like |Link to Comment
  • Reliance Steel: Elevated Fear Of Cycle Ending Is An Opportunity [View article]
    Great article. Thanks!
    Jul 20, 2015. 09:11 AM | Likes Like |Link to Comment
  • Recent Buy: Reliance Steel & Aluminum [View article]
    RS buys the steel and produces the finished good in 24 hours (40% of sales). Therefore imports don't affect RS because of this turnaround time. I also own it. Let's hope some good results come out. Margins have room to improve which would raise overall valuation. I will be more happy with some positive guidance on this rather than current results.
    Jul 20, 2015. 08:15 AM | 1 Like Like |Link to Comment
  • Is Now The Right Time To Buy Michael Kors? [View article]
    Are you still following KORS? Any view now?
    Jul 16, 2015. 10:05 AM | 1 Like Like |Link to Comment
  • Arrow Electronics Is Not Offering A Wide Enough Margin Of Safety [View article]
    So true guys. Everyone wants to write about Apple. Not Arrow. Too many authors looking for clicks... And most not even investing...
    Jul 16, 2015. 10:03 AM | 1 Like Like |Link to Comment
  • ACCO Brands: Fool's Gold [View article]
    Operating cash flow in the last twelve months was 174m. So even if they pay out the 50m in legal fees, then it's no big deal. Especially if they set aside for it. Furthermore, just because they have 800m in debt doesn't mean it is a large amount. It is currently very sustainable and is only 3.5x EBITDA. So I think you're a putting too much emphasis on these two events.
    Jul 15, 2015. 08:41 AM | Likes Like |Link to Comment
  • Jabil Circuit Poised For More Outperformance [View article]
    Came to same conclusion and picked some up back in April.

    Unfortunately after hours activity yty has been extremely negative following yty's earnings. Citi thinks they are spending too much on CAPEX this year, and that with competitors doing the same, it will result in losing some market share and reduce margins. That appears to be the pessimistic view.
    Jun 18, 2015. 08:37 AM | Likes Like |Link to Comment
  • Microsoft Is Pulling A Fast One On Google [View article]
    You Windows fanatics are just as bad as the Apple fans. Open your eyes, try everything and see the pros and cons of each.
    Jun 4, 2015. 10:22 AM | Likes Like |Link to Comment
  • Microsoft Is Pulling A Fast One On Google [View article]
    You can't be serious or you haven't extensively used other phones. Android and iOS and better. No question about it. And their cloud is so behind its not even funny. Google: microsoft onedrive sync problems
    Jun 4, 2015. 10:19 AM | 1 Like Like |Link to Comment
COMMENTS STATS
218 Comments
75 Likes