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Gary Bushwacher

Gary Bushwacher
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  • Chevron Is Dead Money [View article]
    Keep my facts straight ?

    Is it beyond your intuition to think it might have been a typo ?
    Apr 18 08:06 PM | Likes Like |Link to Comment
  • Chevron Is Dead Money [View article]
    The rest of the story -

    On April 10 when this article "Chevron is Dead Money" , CVX closed at $116.69

    Today exactly 1 week later CVX is trading at $124.70, a 7% gain in 5 trading days

    Not very dead if you ask me - in fact, pretty damn lively
    Apr 17 09:39 AM | 3 Likes Like |Link to Comment
  • Apple: Saving The Best For Last? [View article]
    The biggest problem iWatch has is - it's name

    And it is a misnomer anyway !

    It's not a watch (I can't come up with anything better but...) the product will do so much more than tell time, which is why critics are correct in saying "no one will pay $600 for something that the watch market values at say $100"

    Now if it's revolutionary in it's product offering - it will be worth the hi margin price it will command, and Apple expects
    Apr 13 03:00 PM | Likes Like |Link to Comment
  • Chevron Is Dead Money [View article]
    Not sure who u r asking - author or me, but IMO


    One doesn't short a range bound stock, minimal downside, minimal gain opportunity
    Apr 10 03:44 PM | 1 Like Like |Link to Comment
  • Chevron Is Dead Money [View article]
    My strategy with CVX is buy and hold coupled with selling OOM covered calls.


    I go 1 or 2 months out and up a couple bucks in strike price, but a more patient strategy might be to do leaps, with a much higher strike.


    For example if you purchased as I write this at $117.12 and sold a covered call Jan15 $125C, the premium is $2.27. Your minimum gain is 2.58%% (the premium), your max gain is 11.55% (premium + appreciation to $125), but you lose your shares, or you roll them out.


    Note: gains are annualized.
    Apr 10 02:08 PM | Likes Like |Link to Comment
  • Competitors Are Like Piranhas Chewing Up Apple [View article]
    Let us both be clear in the metaphor, Michael.

    Those birds are leaches on the rhino, picking up the rhino's crumbs and feasting on his dominance.

    In fact, I believe the rhino has grounds for a lawsuit, much like Apple has over their competitors
    Apr 8 11:08 PM | 3 Likes Like |Link to Comment
  • Competitors Are Like Piranhas Chewing Up Apple [View article]
    Mike, another attempt at FUD

    I don't see competitors as piranha at all, rather I see them as . . .

    . . . small birds on the back of a black rhino
    Apr 8 05:40 PM | 4 Likes Like |Link to Comment
  • Samsung's Recent Foibles Should Be Good For Apple [View article]
    Samsung's woes can definitely be translated into Apple's advantage.


    The biggest potential advantage that Samsung's woes can have on Apple is smartphone price pressure - upward - to strentghen weakening financials, thereby closing the unit price gap between the companies' smartphones.
    Apr 8 04:52 PM | 3 Likes Like |Link to Comment
  • Apple's Q2 Results Are Likely To Disappoint [View article]
    I didn't read it, but I must say I'm impressed with the amount of effort MB puts in to his articles; colorful charts, detailed arguments, verbose. Just chock full of useless factoids.

    Unfortunately - misdirected and uninformed

    One might ask, how can I say "misdirected and uninformed" if I didn't read it.

    Well, I know his track record, and I do read many (but not all) of the posted responses - they're more entertaining and have more facts than I can glean from the basic article.

    Who has time (or interest) to read his lengthy epistles ?
    Apr 4 11:14 AM | 4 Likes Like |Link to Comment
  • Apple: 3 Specific Reasons I'm Still Bullish [View article]
    @dapple

    TOTALLY AGREE with your basic point. With the "selected" Friday close price, I have tried to take advantage of that. I win some and lose some; they change their EOW target price sometimes at midweek, catching me with . . you know the rest.

    But I don't agree splitting is the answer. You've only moved the decimal point; the manipulators will just multiply their efforts - pun intended.

    Having said that, I don't know what the answer is. Everything they do I expect is legal. They're just using their weight.
    Apr 3 11:01 AM | 1 Like Like |Link to Comment
  • Apple Investors May Need A Reality Check [View article]
    I asked the question before and gotten a negative response on this forum; but I don't understand why Apple can't use it's offshore cash for buybacks and avoid taxes.

    To me it's simply an investment in themselves, and not technically a return of cash to shareholders.

    There are allowed to use offshore cash to make acquisitions without taxation are they not? I don't see why they shouldn't be allowed to acquire their own shares, similiarily?

    A tax loophole no doubt, but a valid approach I would have thought.
    Apr 2 10:57 AM | Likes Like |Link to Comment
  • Apple: Time For iPad SuperMini And Killing The iPod [View article]
    Isn't there already an iPad SuperMini ?

    It goes by the name of iPhone
    Mar 19 10:03 AM | 1 Like Like |Link to Comment
  • Will Apple Ever Reach $700 Again? [View article]
    Whoa there author -


    "CEO Tim Cook recently said investors who are only concerned about profits should sell their Apple shares"


    That is totally taken out of concept. He said "if investors are going to look at ROI for every project we undertake, then they should sell their shares" (I paraphrase).


    He did NOT suggest Apple was not concerned about profits.


    Suggesting that growth (by extension - innovation) is over, is tantamount to suggesting the patent office be shut down, cuz there's nothing else to invent.
    Mar 13 06:07 PM | 10 Likes Like |Link to Comment
  • Apple Struggles In China, But New Product Could Bring Added Growth Domestically [View article]
    How do you come up with a title like "Apple Struggles in China" then don't address the point.

    The closest you come is stating "especially if the initial sales numbers are weak" - then nothing
    Mar 8 04:32 PM | 2 Likes Like |Link to Comment
  • Apple Struggles In China, But New Product Could Bring Added Growth Domestically [View article]
    George Leong, B.Comm wrote :

    "So while Apple wrestles with the idea of producing a cheaper iPhone for the emerging markets . . "

    George, I think it's you that's doing the wrestling. Apple is comfortable with their strategy of not producing a cheaper iPhone - you are not

    BTW - hadn't seen the designation B.Comm since I left Canada in the 90's; it's not understood in the US. I was once asked if it stood for Bachelor of Communications. I researched your background UofT, St. Michaels. Me SGWU (Concordia today)
    Mar 8 04:27 PM | 1 Like Like |Link to Comment
COMMENTS STATS
466 Comments
443 Likes