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Sir Ebitda

Sir Ebitda
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  • One Thing Is Odd [View article]
    As an analyst you are right to be upset but as a trader this is the playground you choose to play on so you have to suck it up and accept it. What I mean is that as traders we know we are dealing with liar's and cheats who will employ whatever means necessary to achieve their objectives. Paid off analysts and brothel investment banks and attorneys come with the territory and we should adjust our trading accordingly. Case in point: 1/30/2014 AMZN pre-report action followed by miss after market closed.
    Aug 22 05:44 PM | Likes Like |Link to Comment
  • One Thing Is Odd [View article]
    It would be interesting to hear from suppliers if the float is being extended by Amazon, which would indicate the cash crunch has finally arrived.

    My feeling it is like the the little boy Hans Brinker with his finger in the dyke, some little far flung bill is not going to be paid and then there will be a domino effect. It would be nice to know what that first domino will be though.
    Aug 20 12:06 AM | 3 Likes Like |Link to Comment
  • Payments Not Guaranteed To Pay Off For Amazon, No Immediate Threat To PayPal [View article]
    From: http://bit.ly/1qd2QMa

    B3.2.4Cards. You may use registered Cards to pay for goods or services. You may be required to verify that you control the Card accounts that you register prior to using the Cards for transactions or to obtain additional payment privileges. YOU MAY NOT USE CARDS TO MAKE PAYMENTS TO YOURSELF OR TO ADD MONEY TO YOUR ACCOUNT. If you use your Card to send payments for transactions that do not involve the sale of goods or services, you may be charged a cash advance or other fee directly by your Card issuer. We are not responsible for these fees.

    Anyone who does this, even with wife's card, you could lose your merchant account.
    Aug 15 02:20 PM | Likes Like |Link to Comment
  • Payments Not Guaranteed To Pay Off For Amazon, No Immediate Threat To PayPal [View article]
    Yeah middlemen who process $1,000,000+ a month in credit cards!

    And no, Amazon will never put them out of business because Amazon is a consumer oriented business, not B2B. I will grant you that Amazon could hurt them at the periphery of their business, but not at their core.
    Aug 15 12:26 PM | Likes Like |Link to Comment
  • Amazon No Threat To Visa [View article]
    Visa and MC are not processors. They are card BRANDS that have their own NETWORKS for authorization and settlement. The processing banks are companies like Heartland, Vantiv, First Data and Chase Paymentech.

    Your question: "How can Amazon offer participating merchants such low transaction fees...?" The answer is they can't, without losing money like Square so this week's rally is based on more losses. Go figure.
    Aug 15 12:18 PM | 2 Likes Like |Link to Comment
  • Amazon No Threat To Visa [View article]
    Honestly this article is lacking. Amazon is clearly a processor now.

    Go here, type in Amazon and you will see that they have registered as an ISO among other things.

    http://vi.sa/1oAJSnd
    Aug 15 11:58 AM | 2 Likes Like |Link to Comment
  • Amazon No Threat To Visa [View article]
    There are 48 reviews on Amazon dot com for Amazon Local Register.

    32 of 48 reviews as of this morning are 1 star.

    You have to create two Amazon accounts to make it work, and even then people are having problems.
    Aug 15 11:56 AM | 2 Likes Like |Link to Comment
  • Payments Not Guaranteed To Pay Off For Amazon, No Immediate Threat To PayPal [View article]
    No, charging your own card on your own merchant account would be a cash advance and you could even end up on the TMF file never to have a merchant account again. Clear violation of V/M/D/Amex policies.
    Aug 15 10:35 AM | 1 Like Like |Link to Comment
  • Payments Not Guaranteed To Pay Off For Amazon, No Immediate Threat To PayPal [View article]
    FURMA: You cannot charge your own card when you have a merchant account. Doing so will get your merchant account immediately (that night) suspended or canceled.
    Aug 15 10:23 AM | 1 Like Like |Link to Comment
  • Payments Not Guaranteed To Pay Off For Amazon, No Immediate Threat To PayPal [View article]
    Amazon Payments based on credit cards so very little profit. Square charging 2.75% and lost $100 million in 2013 and burning through cash now. When your payments are based on credit cards you basically pass interchange to the acquiring banks and to Visa/MC/D/Amex.

    PayPal is completely different. >50% of their transactions originate from ACH so Interchange costs are completely eliminated. No way is Amazon going to be able to convert accounts to ACH.
    Aug 15 10:12 AM | 5 Likes Like |Link to Comment
  • Update: Amazon Further Commoditizes Payments Industry; Negative For eBay [View article]
    Square lost $100 million in 2013 and is rapidly burning through it's remaining cash. AMZN is creating a payment vehicle based on credit cards so it will lose a ton of money too. PayPal is >50% based on ACH so they are raking is cash hand over fist and are VERY profitable.
    Aug 13 11:31 AM | 5 Likes Like |Link to Comment
  • Are Herbalife Revenues Materially Overstated? [View article]
    QTR: You mean you are LONG puts?
    Jul 30 10:55 AM | 1 Like Like |Link to Comment
  • 8 Realistic Questions About Herbalife's Very Strange Conference Call [View article]
    Powershake, It convinced me enough to buy puts yesterday before the report.
    Jul 29 06:51 PM | 3 Likes Like |Link to Comment
  • The Day I Sold Everything [View article]
    I think you should hold your strongest dividend paying stocks and okay to sell the rest. I think you should keep 35% fuilly invested. 100% is too extreme.
    Jul 28 10:26 AM | Likes Like |Link to Comment
  • The Amazon.com 'Come To Jesus' Earnings Report [View article]
    Also the competition has stepped up the game. For example, Amazon has the Weber s330 grill for $949 and the earliest delivery is next Thursday (even with Amazon Prime) where I live. Lowes.com has the same grill for the same price and I can pick it up in their store today or they will deliver it tomorrow, which I selected since I am grillin' on Sunday!
    Jul 25 11:05 AM | 3 Likes Like |Link to Comment
COMMENTS STATS
87 Comments
73 Likes