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Squeeky Wheel
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I am a devotee of technology, data and education. I seek deep understanding in everything I do. I have studied sciences, computing, and quants. I apply a voracious appetite for knowledge to both my professional and financial life.
  • Quick Thoughts On Various Companies 0 comments
    Jun 24, 2014 3:29 AM | about stocks: TRIP, STX, WDC, PRXI, BOFI, TWGP, CHRM, WAG, WFC, WASH, DXJ, TAN, KWT

    Here is the super quick summary of a number of companies I hold or am considering. Disagreements especially welcome!

    Tower Group (NASDAQ:TWGP)

    • Poor performance can no longer kill the deal
    • Funding in place
    • If the deal fails for any reason, the company is toast (butter down)
    • The September debt payment needs the deal to complete, yet the deal has until November.

    Trip Advisor (NASDAQ:TRIP)

    • Reviews are exceptionally valuable when going someplace new - i.e. for travels
    • The new flight and hotel search is excellent for users
    • There is a clear move towards "build my trip", which could allow for creating highly customized guidebooks and itineraries.
    • This is the market leader of the space

    Bank of Internet (NASDAQ:BOFI)

    • Internet only banking has great efficiencies
    • They have done a great job at keeping NPA low.
    • NIM is good.

    Walgreen (NYSE:WAG)

    • Consistent high execution
    • Boots is a built in growth plan and beach head into Europe

    Wells Fargo (NYSE:WFC)

    • Traditional banking is boring, and boring is usually profitable.

    Washington (NASDAQ:WASH)

    • Regional boring banking. 100+ years of dividends
    • Interesting wealth management kicker
    • Rhode Island has not has as much 'recovery' as the rest of the country and might outperform in the next few years.

    Ship Finance League (NYSE:SFL)

    • The good bank of the empire.
    • Economic recovery and diversification are good for ship rates

    The Spinners: Seagate (NASDAQ:STX) and Western Digital (NASDAQ:WDC)

    • Storage space needs are increasing
    • Hybrid SSD / HDD is the obvious design choice - caching is used everywhere is computing - and they are best positioned to provide it.
    • STX looks cheaper than WDC, but stock returns have been slightly lower.
    • White label in cloud data centers is a risk

    Premier Exhibitions (NASDAQ:PRXI)

    • Finally fired the CEO.

    Japan (NYSEARCA:DXJ)

    • My favorite Japan economy commentator (Noah Smith) has pointed out that Abe is seriously committed to improving the Japanese economy.
    • Japan is probably more committed to economic reform than any other developed nation right now.

    Solar (NYSEARCA:TAN) and (NYSEARCA:KWT)

    • The price of solar compared to other options is dropping rapidly.
    • Price of solar is comparable to peaker coal/gas plants.
    • Environmental concerns will sooner or later raise the cost of coal closer to real cost
    • When solar hits the inflection point (near parity prices) the market will explode as old 'dirty' plants are not renewed
    • Over supply is an issue

    Charm Communications (NASDAQ:CHRM) -

    • yet another Chinese go-private.
    • Large, with no audit "issues"
    • Well funded deal; very likely to close
    Stocks: TRIP, STX, WDC, PRXI, BOFI, TWGP, CHRM, WAG, WFC, WASH, DXJ, TAN, KWT
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