Seeking Alpha
View as an RSS Feed

Stock Market Mike  

View Stock Market Mike's Comments BY TICKER:
Latest  |  Highest rated
  • Crude oil caps 27% three-day rally; energy stocks reverse off early lows [View news story]
    Stocks haven't rallied that much. Last time oil moved from $44 to $60, the smaller E&P's and offshore drillers DOUBLED their share price.

    These past few days, I've only seen ~20-40% or so moves. The market doesn't believe this is actually the bottom. (maybe it isn't?) When it does believe it, expect a more significant pop.

    That said, oil has to reach $65+ or a heck of a lot of them are going to feel the pinch. Bankruptcies are entirely possible where we're at today.

    Aug 31, 2015. 04:51 PM | 7 Likes Like |Link to Comment
  • Records detail failures on Shell-contracted Arctic drilling rigs [View news story]
    I do query whether they're taking the dangers seriously...

    I'm more inclined to want a specialty driller like NADL to handle it. That's their core focus... and so far their safety record is pretty good.

    Aug 31, 2015. 02:52 PM | 4 Likes Like |Link to Comment
  • Whitestone REIT boosts Dallas/Ft. Worth holdings [View news story]
    "The Company purchased Keller Place through Whitestone REIT Operating Partnership, L.P., its "Operating Partnership," and funded the acquisition using a combination of cash and 120,000 Operating Partnership ("OP") units. The OP units, which were valued at $19.00 per unit, are convertible on a one-for-one basis for Whitestone REIT common stock, subject to certain restrictions, currently receive an annual dividend of $1.14 per unit, which is paid in monthly increments."

    Well now that's curious. Somehow they talked someone into accepting $2.28m in $19 operating units, redeemable to common stock currently trading at $11.

    Must've been a good sales pitch. Tax deferral, higher cost basis when selling, etc.?

    Aug 31, 2015. 11:34 AM | Likes Like |Link to Comment
  • Micron: 3D XPoint In IMDB [View article]
    I see this being selectively deployed on Linux servers, where you have full access to recompiling the kernel. Initially only target apps would support it, such as database engines popularly used by apache/nginx. Got a database? It gets stored on /dev/sdx rather than /dev/sda, but is fully addressed in memory. (Addresses are higher than regular RAM, point to the storage.) The database engine is recompiled with special code that targets (and runs from) the different storage/execution medium.

    It will take some time before we see usage on something like Windows. 5-10 years after availability, I'd assume, unless Microsoft is serious about enhancing Windows at a faster pace? This really is more of a datacentre specific technology.

    I could certainly see uses for locked down devices like phones. Parts of them could be made to work on an XPoint chip. I'm not saying your apps will run on XPoint, but I could see individual parts of the OS, drivers for controllers/radios/etc. storing data/code in XPoint, negating the need to perform all sorts of tasks when cold booting a phone. Quicker cold boot times (as if 20 seconds were too slow) seem a likely eventual result.

    Lets hope they don't stuff up rebooting - like many people, I do have to reboot my phone from time to time to clear odd issues. Quickest solution when things go hinky. That's the official solution to the 'App Store White Screen' issue, actually - reboot the phone. ;P

    Aug 30, 2015. 11:48 PM | Likes Like |Link to Comment
  • Micron: 3D XPoint In IMDB [View article]
    Samsung is selling 3D at a loss? Oy! I've seen planer TLC drives dip as low as $70/256GB, but the 850 Pro 3D NAND drives were going for at least double that. Initially it was triple that.

    Aug 30, 2015. 11:34 PM | 2 Likes Like |Link to Comment
  • Microsoft: Windows 10 And Edge Browser Are Very Advertiser-Friendly [View article]
    You can turn off the spying. What you are left with is a rather flat/bland (yet very well performing) OS that has next to no new features, since they all get disabled when you turn on privacy controls.

    I installed it on an older WinXP Panasonic ToughBook. It's breathed quite a bit of life into that thing. Performs very well! But there's nothing new over Win7 once all the privacy settings are toggled. The most useful new feature (aside from better RAM usage to increase performance) is workspaces - "alternate desktops" - which have been properly supported with third party software since Windows XP. Just had to bother to search it out, if you wanted that feature...

    Aug 30, 2015. 12:47 PM | 1 Like Like |Link to Comment
  • Microsoft: Windows 10 And Edge Browser Are Very Advertiser-Friendly [View article]
    No surprise that Mozilla is in decline. They have a toxic developer base, very hostile to new blood. Go on there and make a suggestion about how to improve performance. The first comment you get will be how the current solution is better, and enables new feature expandability. Someone else will drop by later to tie in a new social networking feature that nobody wants, directly conflicts, and only has 40% performance overhead due to flawed interaction with new windows and common extensions. Do that a few times and your browser is slow as molasses. What used to consume 500MB in Firefox 20 now consumes 1.5GB of RAM in Firefox 40, and leaks memory.

    Also seen a lot of feature, performance, and security regressions. After long debates they get fixed years later.

    Break it, fix it, break it again - reminds me of Microsoft.

    Microsoft... they do that for lots of core functionality. Photo importing, for example. Great in WinXP, flawed in Vista/Win7 (imports everything over and over - lol), improved in Win8 (though oddly enough, quite crash prone.) Pretty good in Win10 - back to WinXP function levels. Break it, fix it, break it, fix it.

    Aug 30, 2015. 12:41 PM | 1 Like Like |Link to Comment
  • If Data Centers Are Going To Grow, Digital Realty Will Too [View article]
    Good article, but your peers don't have much in common... except that they are REITs. That's like saying Intel, Google, and BlackBerry are peers, because they all make software.

    I think DLR, DFT, CONE, COR would've been better choices for peers. All of them are datacentre REITs. Someone wanting datacentre exposure would likely pick one or more of those four, so it'd be a very beneficial comparison.

    Aug 29, 2015. 04:52 PM | 1 Like Like |Link to Comment
  • Callon Petroleum - High-Flying Permian Player Raises Production Guidance Once Again [View article]
    I have some CPE and also their preferred shares. Hard to imagine given the sector's performance, but they're actually up in share price since the oil decline started. Can any other oil company boast the same? (Excluding ones being bought out at a premium.)

    Aug 28, 2015. 03:31 PM | 2 Likes Like |Link to Comment
  • Take-Two, Lions Gate teaming on 'Borderlands' film adaptation [View news story]
    They can have a lot of fun with that one. Think Wild Wild West... except more wild. The borderlands universe doesn't have perma death. If you die, you pay some coin from your bank account and get a new body printed. Since killing people isn't really a capital crime, it's a rather hilariously violent setting. Being set in an inhospitable desert wasteland with oodles of large hostile creatures only adds to the feel.

    Hopefully the film lives up to the games.

    Aug 28, 2015. 12:49 PM | 1 Like Like |Link to Comment
  • Massive Sale On The Ex-Dividend Date For This mREIT [View article]
    Agreed. Days like Monday, everything was being sold initially... except pure (Simple?) instruments, like inverse ETFs, ETNs, and of course US Treasuries. Just about everything else was on the chopping block.

    Aug 27, 2015. 11:38 AM | Likes Like |Link to Comment
  • Massive Sale On The Ex-Dividend Date For This mREIT [View article]
    Apparently some ETFs got briefly unlinked from their NAV?

    Check out the charts for HDV and USMV - they basically got chopped in half for 15 minutes.

    Would've been epic to be standing in line for one of those spikes downward.

    Aug 27, 2015. 11:32 AM | Likes Like |Link to Comment
  • Transocean: To (Finally) Eliminate Dividend And Take Huge Impairment [View article]
    Huh... interesting. Thanks for the correction.

    Aug 27, 2015. 11:27 AM | Likes Like |Link to Comment
  • Intel invests $60M+ in drone maker; shares close up 5.5% as Nasdaq surges [View news story]
    Hopefully those are good quality drones. My Uncle bought one (not sure which brand) - it exploded, sending shrapnel all around that part of his house, and lighting his carpet and furniture on fire. Luckily he was home (but in another room), so suffered no personal injuries, and was able to extinguish the fires with fire extinguishers.

    Aug 26, 2015. 08:33 PM | 3 Likes Like |Link to Comment
  • National Health Investors Lost Its CEO But Gained A New Shareholder [View article]
    "long term (10-20 year) demographics make it seem impossible that these companies won't do well. "

    Actually, all it takes is one particularly virulent virus one year to eliminate quite a few older people. Unlikely to happen, but if you see a black swan event unfolding before you, get your finger on that sell button.

    I'm overweight SNF, datacentres, and healthcare in general. Also got some apartments thrown into the mix.

    Aug 26, 2015. 08:19 PM | Likes Like |Link to Comment