Seeking Alpha


Send Message
View as an RSS Feed
View Valueplay98's Comments BY TICKER:
Latest  |  Highest rated
  • More on Tesla Motors [View news story]
    5k vehicles in a quarter ? Just for perspective your average GM dealership is selling ~150 cars/month.

    I've read 200-500k units/year going forward, and I find those estimates ridiculous given that the luxury car market is only 1.2m units per year.
    Aug 7 06:43 PM | 1 Like Like |Link to Comment
  • Angie's List Will Be A Catastrophe Of Epic Proportions [View article]
    WOW ( that does seem like a colossal waste of money - almost like Yahoo buying Tumblr2.0 for 1B ? When they used to have Tumblr1.0 aka Yahoo Groups which they dismantled.

    Back on topic - LOVE Yelp but I'm a value guy and could never buy their stock. If ANGI breaks 22 here - could get ugly. Fib's might be at 18, but looks like a ton of hot air between 22 and 14.

    At some point CNBC will be talking about ANGI and how it went down 90%.
    Aug 7 11:01 AM | 1 Like Like |Link to Comment
  • LinkedIn: New Highs As Shorts Have Riskiest Position [View article]
    Extreme sales projections going out 3 years to justify current valuations... hmmm where have I heard that song before ? Oh ya 1999!
    Aug 5 12:52 PM | 1 Like Like |Link to Comment
  • Is It Time To Buy Freeport-McMoRan? 2 Insiders Just Paid Over $42.8 Million [View article]
    Just read story saying copper stockpiles are at 10 year highs, and just look at the chart of copper ...
    Aug 2 08:23 PM | 2 Likes Like |Link to Comment
  • Why LinkedIn Will Be A $300 Stock This Time Next Year [View article]
    A stock at 21x revenues going 50% higher ... guess some people didn't learn from the dotcom bubble.... just goes to show how much liquidity is actually in the market to push LNKD to such valuation levels.
    Aug 1 03:32 AM | 5 Likes Like |Link to Comment
  • Can Tesla Reach 500,000 In Vehicle Sales Or Is Dougherty & Co. Overly Optimistic? [View article]
    Um ya 35k is well above what the average person spends on a car.

    Look at the list of cars sold by volume, and you'll see base price under 20k for almost all of them. Even the Camry and Accord base about 22k. Those people are not buying Tesla's.

    Market of 10m people in the US ? So 1 out of 30 people can afford a Tesla ? Let me tell you something - I sold cars in my youth, and I can assure you that those figures are whacked.
    Aug 1 12:36 AM | 2 Likes Like |Link to Comment
  • Can Tesla Reach 500,000 In Vehicle Sales Or Is Dougherty & Co. Overly Optimistic? [View article]
    With your average two car home - how many people are willing to have a Tesla as one of their two cars ? Or are Tesla's going to be third cars used as a weekend car ?

    WSJ says 1st half of 2013 about 560k luxury cars were sold -

    How does TSLA plan on selling 200k of the ~1.2m luxury cars sold annually ? Seems kind of a stretch to me.

    Cars/trucks/SUV's are about 1/3 of the market each, but that 1/3 cars sold are almost all 25k and under - how are those people going to be spending 50k & up on a Tesla ?

    Huge sales projections seem to be coming from people who can actually afford the car without realizing most people can't afford a Tesla.
    Jul 31 05:47 PM | 3 Likes Like |Link to Comment
  • Preferred Stocks End July Favoring Buyers - Higher Reward For Lower Risk At Sub-$25 Prices [View article]
    It's much easier for your average retail investor to buy preferreds than regular bonds.

    Go ahead and try to buy 3 bonds with par of 100 at Fidelity or any online broker, and you'll find that the spread can be over 2%, and you're not going to get filled in the middle.

    Buy a relatively active preferred and you'll find the spread is a few cents at most, and sometimes just .01 cent.

    Your average retailer has a ~50k account, but even if you move up towards a 7 digit account how much of any one company is too much to stay diversified ?

    Now if you're buying 100k worth at a pop then 100$ par bonds are fine cause you won't get killed by the spread.
    Jul 31 04:41 PM | Likes Like |Link to Comment
  • GreenHunter: Better Short Selling Opportunity Than Trading Against SAC [View article]
    CNBC's list of % owned/outstanding - sure SAC is well diversified, but they do have 5% + stakes in some companies:

    Why not bet against some like CLW with low volume ? SAC owns like 10x average daily volume
    Jul 31 04:09 PM | Likes Like |Link to Comment
  • Vivendi (VIVHY.PK) has agreed to sell 85% of its stake in Activision Blizzard (ATVI) to the computer-games company and its management for $8.2B. Activision will buy back 429M shares from Vivendi for $5.83B, using $1.2B of cash and debt of $4.6B, while a consortium led by Activision CEO Bobby Kotick and co-Chairman Brian Kelly will acquire 172M shares for $2.34B. The value of the deal is $13.60 a share, or a 10% discount to Activision's close on Thursday of $15.18. Vivendi, which also plans to sell its holding in Maroc Telecom, will retain a stake of 12% in Activision after the deal is closed. (PR[View news story]
    SA article predicting this - deserves some kudos:
    Jul 26 06:06 AM | Likes Like |Link to Comment
  • Major Cash Return Scenarios For Activision Blizzard Shareholders [View article]
    Good call ! I hope your call options will skyrocket tomorrow!
    Jul 26 06:00 AM | 1 Like Like |Link to Comment
  • Goldman Sachs makes the case for holding commodities as a strategic move. On Brent crude, the market should be well supplied in H2 as significant non-OPEC supply comes online and weak Chinese trade data signals relatively weak demand. Gold prices should decline to $1,050/oz. by year-end 2014 given a less accommodative Fed. Potash producers will maintain discipline and good margins despite falling crop prices. [View news story]
    If the dollar was devaluing you'd have a point - Euro up ~1% YTD and /cl up like ~16%

    This is about Goldman being long oil and screwing consumers.
    Jul 25 09:44 PM | 3 Likes Like |Link to Comment
  • A Truly Special Situation [View article]
    R/S don't help stocks but recently I've noted they get whacked shortly after the split and then rebound. Hence I've been watching and waiting for FFN's R/S which has to happen (or delisting).

    Jul 25 11:50 AM | Likes Like |Link to Comment
  • Angie's List Underwater And Deteriorating Further [View article]
    What I don't get is how does Fidelity boost their stake to 10.6% on 7/10/13 when clearly the company is losing money and has to do a secondary at some point ?

    Do they just have so much money they don't know what to do with it ? Reminds me of the dotcom bubble.

    T. Rowe Price is up there with 13% also -
    Jul 25 11:35 AM | Likes Like |Link to Comment
  • Apple Inc. Growth Slows, Still A Cash Cow [View article]
    "After spending $14 billion on buybacks (which reduced the share count by 22 million)"

    I took your words as correlation - so I'm guessing they issued 15m shares since 16B spent would be about 37m shares give or take.

    ps 15m shares - geez
    Jul 24 08:38 PM | Likes Like |Link to Comment