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JLesinski

JLesinski
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BAC, GE, HLF, KO, NLY, RTL, SJM, T, UNG, VIG
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  • Coca-Cola Could Be Starting A Turnaround With Stronger Q1 Results [View article]
    Nice to finally see a good quarter. While I am wary of Mr. Khent at this point, due to the string of lackluster quarters that have been put together, I'm still somewhat hopeful that he can get this thing turned around. KO was one of the first stocks that I bought, I'm still long, and may consider adding shares if it sags back down to a 40 handle
    Apr 23, 2015. 09:09 AM | 1 Like Like |Link to Comment
  • American International Group: No Power To Move Higher? [View article]
    Even though AIG seems unable to break through the $56 level currently, I'm not very concerned. A return to the $50 level would be frustrating but would also present an opportunity for me to add more shares. This one will be a winner, just may take longer than we'd like
    Mar 27, 2015. 04:17 PM | 6 Likes Like |Link to Comment
  • AIG to pay nearly $1B to settle class-action suit [View news story]
    Generally happy with the approval of the settlement. Considering that the class members were alleging that they had billions of dollars in losses, $970MM doesn't sound that bad.

    Long AIG.
    Mar 22, 2015. 02:55 PM | 3 Likes Like |Link to Comment
  • Refiners sue BNSF Railway over $1,000 oil tank car surcharge [View news story]
    Meant the second "contract" in the third sentence to be "conflict." Can't seem to edit comments when posting via the SA iPhone app
    Mar 17, 2015. 11:00 AM | 2 Likes Like |Link to Comment
  • Refiners sue BNSF Railway over $1,000 oil tank car surcharge [View news story]
    While I haven't seen the complaint in the case, what could possibly be the theory of liability here? Anti-trust? Companies are free to contract with each other as they wish as long as there is no contract with federal or state law. If the refiners don't like it they can take their business elsewhere. One key aspect of a market is to disperse risk...
    Mar 17, 2015. 10:58 AM | 1 Like Like |Link to Comment
  • GE more focused on raising profit margins, analyst says [View news story]
    Pump the breaks. Since most people here don't have Ph.Ds in engineering, and neither do I, I'm not angling to get into a detailed debate on the differences in turbine technology. However, the gas turbines that GE makes and the wind turbines that GE makes are predominantly reaction turbines and operate relying upon the same premise of a fluid moving over the blades; clearly the gas turbines have more blades and are more complex - however, the concept for both is very similar and can be scaled up or down to accommodate different purposes.

    Now, if you'd like to challenge the argument I made regarding the macroeconomic forces impacting GE's energy segment, please feel free to contribute. However if you're only here to jump on people for making generalizations about non-core premises to their arguments, well then I can't help you there.
    Mar 13, 2015. 01:52 PM | Likes Like |Link to Comment
  • GE more focused on raising profit margins, analyst says [View news story]
    In my opinion, solar has legs and will be viable in the future. The point you should be making when it comes to wind is that while oil and gas prices are this low, there is no incentive other than the policy and emotional based climate change argument which is not likely to drive large scale adoption of alternative energies.

    The problem is, you can't rely fully on that argument because the governments of the large, developed economic countries have climate summits every few years where they tend to agree to alternative energy targets. Then, when you take into account that China is getting into wind energy in a very big way and they're currently operating at only 3.2% capacity, I say GE should make all the wind turbines they can and ship them overseas.

    Regardless, the turbines that GE supplies for wind energy aren't all that different from the steam turbines it also makes so I'm not that concerned about it. Diversification never hurt anybody, particularly in today's global political environment.
    Mar 13, 2015. 10:40 AM | Likes Like |Link to Comment
  • 23% total comp raise for Coca-Cola CEO in 2014 [View news story]
    I haven't looked recently but 2013 compensation for non-employee directors was something like $50,000 cash and $200,000 unvested restricted stock units
    Mar 12, 2015. 11:20 PM | Likes Like |Link to Comment
  • Wells Fargo downgraded at SocGen [View news story]
    Absurd decision. Lowest logical rating for WFC in the current environment is "underperform." Attempting to analyze WFC as if it were BAC, JPM, etc. is folly and is only evidence of misunderstanding the nature of the institution.


    Disc: Long
    Mar 10, 2015. 11:09 AM | 5 Likes Like |Link to Comment
  • American International Group misses by $0.08 [View news story]
    By the way, in the interest of disclosure, I'm long AIG.
    Feb 12, 2015. 04:24 PM | 2 Likes Like |Link to Comment
  • American International Group misses by $0.08 [View news story]
    It's an emotional argument. I have yet to see one person put forth a cohesive thesis that suggest shorting AIG is a logical and prudent move. Will it underperform? Possibly. But advocating a short position in this instance is sheer lunacy.
    Feb 12, 2015. 04:21 PM | 6 Likes Like |Link to Comment
  • Why I'm Bearish On Coke [View article]
    The problem with that strategy is that most of us would be staring down large tax liabilities if we were to close or greatly reduce our positions
    Feb 11, 2015. 10:58 AM | 1 Like Like |Link to Comment
  • GE +1.8% as Jeff Immelt spends his entire 2013 cash bonus on shares [View news story]
    Is anyone else surprised that he only got a $2.6M bonus? Seems a little low for a company/CEO like GE and Immelt. Or is my math wrong?
    Mar 4, 2014. 10:12 PM | Likes Like |Link to Comment
  • Warren Buffett's Politically Incorrect Investments Underperformed The S&P 500 Over The Past 5 Years [View article]
    Aside from UncleLongHair's personal bent in his comment, he did have a significant point that you failed to address in your response to his comment. You do fail to take into account the non-stock portion of the portfolio.

    Also, similar to ULH's comment, your analysis appears to be clouded by a personal dislike for Warren Buffet. Personally I don't care about a manager's political beliefs as long as they are providing an acceptable rate of return. If you wanted to make the argument that some of his holdings were susceptible to political risk, then you could have done that; the argument is certainly there. However, whether his portfolio is "politically incorrect" or not is largely irrelevant in this kind of an analysis, yet you spend multiple paragraphs on this issue.

    Just my 2 cents.
    Mar 4, 2014. 10:06 PM | 1 Like Like |Link to Comment
  • General Electric: Fair Short-Term Valuation, Long-Term Appeal [View article]
    If the market were acting rationally I would 100% agree with the author. The way everything is trading right now with all the Fed policy, good data finally coming out of the US, and everything else around the world it's very difficult to know what is truly expensive and what isn't. I'm long GE and I'm not going to add to my position at these levels but I'm not entirely sure that it doesn't follow the market higher if the whole thing continues to climb through the end of the year and the first couple months of 2014.
    Dec 21, 2013. 09:33 AM | 4 Likes Like |Link to Comment
COMMENTS STATS
148 Comments
201 Likes