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Vegas Ben  

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  • Apple Is Worth $265 [View article]
    Antonio, Apple has guidance for $41-$43 Billion in sales for Q2, which is an increase of $1 to $3 Billion for Q2/Q2, and their estimates are likely to be on the conservative side. How is it that you know more about Apple stock than the CFO of Apple?
    Mar 6, 2013. 05:15 PM | 13 Likes Like |Link to Comment
  • Why I Remain Bearish Despite The Cyclical Bull Rally [View article]
    We are only at all-time-highs if you pretend like inflation doesn't exist.
    May 6, 2013. 07:26 PM | 12 Likes Like |Link to Comment
  • Apple (AAPL -0.8%) roundup: 1) Gene Munster fires up his spreadsheet and concludes the odds of Apple's gross margin (37.5% in FQ2) falling below 30% are close to nil. He thinks GM would still be 32% even if a cheaper iPhone cannibalized 50% of regular iPhone sales and had only a 15% GM, and a TV with a 10% GM arrived. 2) The USPTO has rejected more Apple patent claims (previous). This time, they involve a patent for showing translucent images. Apple will almost certainly appeal. 3) A Strategy Analytics survey found 4.5" was the most preferred smartphone display size in 2H12. Moreover, a majority of respondents "indicated that they preferred prototypes that have a larger screen than their current phone." [View news story]
    Right... because healthy companies should have a P/E under 2.5 excluding equity...
    May 10, 2013. 07:58 PM | 7 Likes Like |Link to Comment
  • What Does The Sell-Off In LinkedIn Tell Us About The Future? [View article]
    Yeah, totally! What is the point of selling premium subscriptions or ads? They can make far more money just by selling shares to greater fools.
    Sep 5, 2013. 02:06 PM | 6 Likes Like |Link to Comment
  • Why I Remain Bearish Despite The Cyclical Bull Rally [View article]
    If you have enough room in your stomach for 2 liters of water, then you should fill it will beer instead!
    May 7, 2013. 12:08 PM | 6 Likes Like |Link to Comment
  • Some Moves Are Consistent With Severe Leverage In The System [View article]
    Factoring in inflation of 2% for 6 years, the 2007 top was at $430 billion in today's dollars, so the $379 billion has a lot of room to grow still.
    May 2, 2013. 12:12 PM | 6 Likes Like |Link to Comment
  • Apple (AAPL) drops to $405.86 - going negative after hours - as the company's earnings call (streaming audio) continues. (Earnings report[View news story]
    If it drops to $390, buy fast, 'cause you're going to be competing with Mr Cook. for shares, and he has $58 Billion to spend.
    Apr 23, 2013. 08:05 PM | 6 Likes Like |Link to Comment
  • Heads: Apple Short Sellers Win, Tails: Apple Shareholders Lose [View article]
    I disagree with you George. News of Dividend increase/share buyback/new products/product refreshes/earnings beat/etc. all could have a very positive effect on this stock. I don't understand why people are underestimating the importance of this quarterly report. The stock could easily swing $20-$30 in either direction depending on what Apple reports.
    Apr 23, 2013. 01:44 PM | 6 Likes Like |Link to Comment
  • BlackBerry Catalysts Right Under Our Noses? [View article]
    If $BBRY releases a phone with slide-out keyboard and a 4.5-5" screen, there is a very strong chance that I will get rid of my Droid.
    Apr 16, 2013. 08:46 PM | 6 Likes Like |Link to Comment
  • Apple: Already (Essentially) A Private Company [View article]
    Growing revenue and earnings shows me that they care!
    Mar 5, 2013. 06:30 PM | 6 Likes Like |Link to Comment
  • Apple: Already (Essentially) A Private Company [View article]
    Why? Unless you are getting ready to sell your shares, then why should he prop up the price for you? If you are getting ready to sell your shares, then why should he care about you?
    Mar 5, 2013. 05:34 PM | 6 Likes Like |Link to Comment
  • Apple Announces Monster Buyback And Boosts Yield To 3% [View article]
    No, it means that they know that the share price is lower than it should be.
    Apr 23, 2013. 06:31 PM | 5 Likes Like |Link to Comment
  • Is BlackBerry A Buyout Candidate? [View article]
    On AmazonWireless.com, it is ranked 54th. I believe the Amazon.com rankings are only 3rd party companies selling through the Amazon marketplace. For the real sells, look at AmazonWireless.
    Mar 25, 2013. 06:56 PM | 5 Likes Like |Link to Comment
  • Apple's Rally Is The Child Of A Deluded Wall Street [View article]
    "a buyback has no other purpose than inflating the stock price"

    That statement is not true!!! It is a way to return money to shareholders other than increasing the stock price. By reducing the number of shares, each share represents more earnings. By having a higher EPS, the company can pay a larger dividend in the future.
    It is also a way to increase the value of the company. If a fair price for a stock is a P/E of 12, and you buy the stock at a P/E of 9, then you are getting $1 of value for every 75 cents that you spend, whether you are an investor or a company.


    Also, you asked:
    "I mean, would you rather pay $400 billion for the company "A" with $40 billion of net income and $150 billion in cash, or $400 billion for the company "B" with $40 billion of net income and "only" $100 billion of cash?"

    In Apple's case, I would prefer company 'B', because now my $400 is buying a larger piece of the company at an incredibly cheap price.

    I also bought Apple shares near $400. Was my only purpose to inflate the stock price. No, that is foolish. I was making a smart investment, and that is what Tim and Peter are doing too!
    May 8, 2013. 11:51 AM | 4 Likes Like |Link to Comment
  • It's a good time to buy 2015 Apple (AAPL) LEAPs at a $500 strike price, thinks Bill Miller, who went on CNBC to make a bull case for the fruit company. Miller observes Apple now trades at a lower forward EV/EBITDA multiple than Safeway, Kroger, and H-P, and expects the company to "do something fairly dramatic on capital allocation." Others have also argued in favor of buying Apple LEAPs to gain leverage. The Jan. '15 $500 LEAPs currently have an ask of $45 (they rose sharply following Miller's recommendation). [View news story]
    No, it is not 2.5 times better. It is not even equal. That is why I own Apple shares and not Google shares.
    Mar 15, 2013. 08:12 PM | 4 Likes Like |Link to Comment
COMMENTS STATS
216 Comments
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