Seeking Alpha


Send Message
View as an RSS Feed
View yoyoma1's Comments BY TICKER:

Latest  |  Highest rated
  • Update: American Realty Capital Properties - Activist Investment Not A Game Changer [View article]
    Did he really go long on all those according to his articles?
    Jan 5, 2015. 02:03 AM | Likes Like |Link to Comment
  • American Realty Capital: Death By A Thousand Cuts [View article]
    Class action lawsuits, by shareholders suing the company, are pointless. You are suing yourself. It's the same as if 90% of Americans were to sue the US Government. The only result is that lawyers make money.

    Suing executives personally is a different story however.
    Dec 19, 2014. 12:29 PM | 29 Likes Like |Link to Comment
  • A Scandal That Should Shock Nobody [View article]
    I would invite you to compare Cole 3 to a publicly traded competitor from 2011-2013, investing in the same types of triple-net properties. Also look at WP Carey's track record on their non-traded REITs. I believe it beats out whatever REIT index you compare it to.

    But to your credit, the upfront 10%-13% load is too high. (I haven't seen any at 15%.) FINRA and the non-traded REIT players are working on a more transparent and more level-load investment vehicle, which should be better for clients going forward, 2016 and beyond.
    Nov 21, 2014. 11:47 PM | 1 Like Like |Link to Comment
  • Estimating Baidu's Intrinsic Value [View article]
    At time of publication the share price was $215, not $191. I'm not sure if the rest of the analysis is based on $191 and needs to be revised or not.
    Oct 5, 2014. 12:12 PM | Likes Like |Link to Comment
  • StoneMor Partners: My Reason For Selling This 10% Payout MLP [View article]
    Have you not been following Stonemor for the last few years? Articles exactly like this one have existed for many years. Please read some more articles on MLP's to understand. Stonemor, like all MLP's, can continue to pay dividends greater than free cash flows for as long as the capital markets are willing to buy more shares, which is indefinitely.

    That having been said, I wouldn't own STON either. But you are wrong about, "At some time in the near future, cash flow and unit payout must meet."

    This statement should read:
    "At some time in the far distant future, cash flow and unit payout must meet. But if STON loses popularity with capital markets, that could happen in a matter of just a few months."
    Jun 19, 2014. 07:05 PM | 3 Likes Like |Link to Comment
  • Starbucks: The Apple Of Restaurants [View article]
    APPL did warrant their good graces, as well as BIDU, FB, and other hot stocks.
    Apr 30, 2014. 01:20 PM | Likes Like |Link to Comment
  • Why Cisco Is Ridiculously Underpriced [View article]
    Why are people impressed with 3% dividends?
    Apr 1, 2014. 10:33 AM | 1 Like Like |Link to Comment
  • Busting Medbox [View article]
    I should warn you against short selling even if you believe a stock is doomed. For day trading it is okay if you can borrow shares for free or cheap, but overnight shorts charge you borrowing fees that can easily exceed 25% APR. Also most of these scam companies are familiar with how to squeeze short positions using market manipulation strategies like pump and dump or announcing huge stock dividends. Would you have wanted to be short MDBX Jan 6-7, 2014 when the price doubled? I'm sure Citron knew it was a scam before that, but shorting would have been a disaster.

    It is much more difficult to make a profitable short trade with 1 month hold time than a long trade. The odds are stacked against short traders. It is better to just avoid scam companies.
    Feb 19, 2014. 01:48 PM | 5 Likes Like |Link to Comment
  • Will The U.S. Default? An Introduction To Sovereign Default Risk [View article]
    Would you explain this comment in laymen terms? Also would you explain why Taiwan and Singapore are not suitable counterparties for China risk? Is it the geographical closeness, or related to China's desire to take over Taiwan or what? Thanks.
    Sep 13, 2013. 12:26 PM | 1 Like Like |Link to Comment
  • StoneMor: With Dividend At Risk, Shares Could Fall Sharply [View article]
    @giorgiolb, Yes this is an old story, but you have not provided any argument against the assertion that STON is a Ponzi scheme.
    @DividendInvestorLA Yes the bashers are trying to make profits shorting this stock, but you have not provided any argument against the assertion that STON is a Ponzi scheme. I agree with you that manipulative articles are more reason to not trust the stock market.
    Aug 13, 2013. 01:29 PM | Likes Like |Link to Comment
  • StoneMor: With Dividend At Risk, Shares Could Fall Sharply [View article]
    Yes totally different business models, but WHX and STON do share one characteristic; they both have a dividend that is unsustainable.

    With WHX the realization that the dividend would eventually be cut caused the price drop.
    With STON a large price drop could actually cause the dividend cut since STON relies on the issuance of new equity (and debt) to fund the dividend.

    But the author's point is the price drop can (and probably will) precede the cut.
    Aug 12, 2013. 12:58 PM | 3 Likes Like |Link to Comment
  • Bill Gross's Dreadful Analysis Of The U.S. Economy's 'Wounded Heart' [View article]
    "5. Representation without taxation is worse than taxation without representation. The votes of those who do not pay any Federal taxes, uneducated, criminals should be counted as half vote. A kind of controversial."

    Tony Pow, I agree this is a huge problem -- one that cannot be solved without either taxing the poor or reducing their vote.
    Jun 19, 2013. 01:31 PM | Likes Like |Link to Comment
  • Bill Gross's Dreadful Analysis Of The U.S. Economy's 'Wounded Heart' [View article]
    I have to agree strongly with point #1. The complaint banks are making is not the lack of risk premium, but the lack of RISK-FREE PREMIUM. They are used to buying 3-12 month T-bills and paying deposits 25 basis points lower. They can't do that anymore since 3-month T-bills are yielding 5 basis points and 12 months are yielding 14 bp. So their risk-free spread is approximately nothing. Now they have to actually make loans or buy riskfull bonds to make a spread.
    Jun 19, 2013. 01:04 PM | 1 Like Like |Link to Comment
  • Oracle - Unfriendly To Shareholders [View article]
    Not double-speak at all. There are many great businesses that are not good buys. From valuation perspective, companies like AMZN, FB, and AAPL are all very profitable but have unreasonably high valuations. For companies like ORCL and a large percentage of publicly traded companies, the company exists for the profit of the employees, particularly top executives and board members. It creates conflict of interest to have multiple small owners (shareholders) because the ones steering the ship (execs and board) are incentivized to reward themselves more than the owners.
    Feb 14, 2013. 04:30 PM | Likes Like |Link to Comment
  • What Could Happen To Long-Term Treasury Bondholders If Interest Rates Rise? [View article]
    How were your projections formulated and why is the adjusted price higher? You wrote, "...we should also be able to adjust for our fund's fluctuating dividend rate." Please elaborate.
    Feb 13, 2013. 10:48 AM | Likes Like |Link to Comment