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Island_Dweller

Island_Dweller
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  • Futures sink following Greek elections [View news story]
    Not necessarily, at least based on the rhetoric from newly elected Tsipras. Renegotiation is not the same as defaulting. Simply because the party is a "leftist" party doesn't mean they hate money and have some grand ideology resulting from a self-fulfilling prophecy to restore the good name of Greece. They're just as greedy as the "righties" they're just going to go about it a different way.

    I'm willing to bet there will be some sort of compromise and all this will be swept under the rug and a new headline will make its way around the talking head networks otherwise known today as journalists.

    Doom and gloom from this is really just the pandering of easily spooked investors.

    The point is to make money from this overblown situation.
    Jan 26, 2015. 02:26 AM | 1 Like Like |Link to Comment
  • Futures sink following Greek elections [View news story]
    I'd understand this revelation if there were other countries expressing a desire to leave, but none are, or at least none with any conviction. There are 7 countries applying to join the EU. It's a domino falling by itself.
    Jan 25, 2015. 11:45 PM | 1 Like Like |Link to Comment
  • Kuroda: Japan to grow 2% in fiscal 2015 [View news story]
    What worked for the U.S. will surely work for Japan, I mean, why not?
    Jan 25, 2015. 11:01 PM | Likes Like |Link to Comment
  • Futures sink following Greek elections [View news story]
    New York City has a metropolitan population of nearly 20 million, Greece has a population of 11 million. Greece's GDP is just inside the top 50 in the world at est. 47th place.

    Why is this even making the news in any meaningful way? Investors, the market, and the world are swayed by psychological factors as much as financial factors. Any ripple is used as an excuse for a subsequent action, in this case to sell.

    A little perspective is valuable when all the noise points to an otherwise meaningless selloff. This example reminds me of politicians quarreling about raising the debt ceiling, in other words an opportunity to purchase stocks a little cheaper.

    If we were talking about Italy or Spain, then we're taking about a significant situation, but Greece? And all this attention? Actually more comical than worrisome.
    Jan 25, 2015. 10:47 PM | 3 Likes Like |Link to Comment
  • Deutsche: Twitter is like Facebook 2-3 years ago [View news story]
    In a market where Whatsapp sold for $ 19 billion, I'm pretty sure you can throw the "it's overvalued" argument right out the door.
    Jan 24, 2015. 10:09 PM | 1 Like Like |Link to Comment
  • After Hour Gainers / Losers [View news story]
    I can't find anywhere saying CONN is up 10% AH...
    Jan 20, 2015. 07:21 PM | Likes Like |Link to Comment
  • Update: Take-Two - Impressive 'GTA V' Sales To Spark Massive Q3 Upside [View article]
    I was going to sell TTWO prior to the quarter results, but looking at how well GTA V re-release sold and Evolve not going to be delayed again - the company looks poised to capitalize on a strong console refresh for '15.

    That said, I do expect Evolve to disappoint, or to not quite reach the hype. There's a lot of hype surrounding the game and being multiplayer only with a very thin storyline, I just don't see the game selling double digit millions. I think the debut will be strong, but not the blockbuster the hype is suggesting. Overall I expect the stock to take a hit from Evolve underperforming, but long term the story remains in bullish mode. Further, the company has quite a few surprises in store for this year (Red Dead Redemption???).
    Jan 19, 2015. 04:41 AM | Likes Like |Link to Comment
  • Transocean Fleet Update Has Nothing Exciting To Offer [View article]
    This is exactly what I'm doing, waiting for a dividend cut to open a position, however LINE popped when they slashed their dividend and just about everyone expects RIG to slash theirs. So basically those who are waiting on a drop when the announcement comes could watch the stock rise on the news. On the other hand if RIG completely stops their dividend then I think a surprised investor collective will sell the news.
    Jan 17, 2015. 10:56 PM | 2 Likes Like |Link to Comment
  • Update: Activision Could Beat Its Own Guidance For Q4 [View article]
    I'm also in the camp that thinks come Feb. 5th will show a significant beat, but what I'm not so excited about is another light guidance letdown. If they can 1-2 punch with a good beat and increased guidance I'm fairly certain we will see another 10%+ move.
    Jan 16, 2015. 07:07 PM | 1 Like Like |Link to Comment
  • Conn's Has Been Deemed A Perfect Short [View article]
    So we must assume a retail sector going concern in disarray from a failed lending practice initiative should simple right the ship in a matter of months.

    Dismissing the report, which it seems many investors as the day went on did, is missing the overall picture - the company is moving in the right direction. It's not an easy fix to stabilize credit delinquencies but the report pointed to progress. I'll admit the report was mixed, but it certainly wasn't a bad report, and I couldn't disagree more with your thesis that tighter lending practices is going to significantly hinder growth.

    Small step, but the most important point is that the worst is behind this company. Short this stock at your own peril.
    Jan 8, 2015. 06:37 PM | Likes Like |Link to Comment
  • Microsoft And Sony: Game Console Refreshes Might Come Sooner Than Expected [View article]
    My own opinion is that the current console gen will not last as long as the previous.
    Jan 4, 2015. 02:51 AM | 1 Like Like |Link to Comment
  • Conn's Should Spin Off The Credit Segment [View article]
    Pretty much agree with Mr. Blum. While it would be a short term boost to spin off the credit side, the long term would suffer due to CONN entering an already crowded and brutally competitive market. The single competitive advantage is the financing they offer to otherwise stuck out consumers.

    If CONN decides to spin off I would immediately sell my shares, expecting a pop on that sort of news. Long term the stock while getting absolutely obliterated has presented a rare opportunity once management fixes its mistake, thus the Street has presented a unique inefficiency. Shares are being shorted like this company is going belly up, and given management's moves I definitely don't see this happening.
    Dec 22, 2014. 07:54 PM | Likes Like |Link to Comment
  • Conn's Has Been Deemed A Perfect Short [View article]
    @ Jeremy

    What do you think about all the lawsuits springing up? I know suing and Wall Street is like ketchup and french fries, but there seems to be a new law firm getting involved every day. How much of a concern is this?
    Dec 20, 2014. 06:01 PM | Likes Like |Link to Comment
  • Conn's Has Been Deemed A Perfect Short [View article]
    The stock was a perfect short earlier this year but now I'd be careful. With so much negativity priced in along with expectations and investor's confidence "shattered," the stock has been absolutely massacred. Now is the time to dip your toe in for a pure speculative play. The time to short has passed.
    Dec 18, 2014. 05:50 PM | Likes Like |Link to Comment
  • Buy Take-Two Interactive Now [View article]
    While the company has been criticized as a GTA or bust company, CEO Zelnick has made this a top priority to produce more consistent earnings, which takes time in this industry with such long development cycles. Further the company has promised at least 10 new title launches for next gen consoles in fiscal '15. This is a company trying to wean itself from the cashcow that is GTA V. Not that they're abandoning the title either with GTA Online doing well and now next gen/PC launches padding revenue numbers. They used to just release the game and that's it, but management is pursuing other revenue streams this time around.

    BTW, your revenue numbers are off, in Dec. 2013 they had quarterly revenue of $1.86 billion thanks to GTA V. Yes, an over $2 billion market cap, but look at that PE. Red Dead is a title I would like to see announced soon along with L.A. Noire. Upcoming big release is Evolve which will miss the holiday rush, BUT it will be more polished. Just another reason I like the company, if you're a gamer, you know TTWO has consistently high rated games.
    Dec 17, 2014. 09:35 PM | Likes Like |Link to Comment
COMMENTS STATS
407 Comments
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