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ptrummer

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  • CA panel deems Sovaldi a "low value" treatment [View news story]
    Huge huge mistake! Pay me now or pay me later!
    Deny the Sovaldi now and pay for the liver transplant later!
    Wait until the lawsuits start to flow!
    Insurance companies should know better.
    If I have Hep C, I get my hands on this as soon as possible.
    Improves quality of life immediately, FDA approved!
    No brainer!
    Mar 14 02:15 AM | 1 Like Like |Link to Comment
  • A Picture Is Worth A Thousand Words: Implications From Sovaldi Treatment Trends [View article]
    Buying Opportunity is what happened!
    Mar 6 02:29 PM | Likes Like |Link to Comment
  • The high cost of Gilead's Sovaldi giving Medicaid jaundice [View news story]
    This!

    Insurance companies, governments, they just do not get this.
    Pay now and be cured or put the patient on interferon and other ineffective treatments and pay later when the patient has cirrhosis of the liver and needs a transplant. Costs to develop new compounds are not cheap!
    Mar 6 01:31 PM | 3 Likes Like |Link to Comment
  • Bloomberg: Icahn has $1B+ Apple stake, sees shares topping $600 [View news story]
    People have been bashing this stock for so long.... at a 10 PE! What a croc!
    Just ridiculous what Wall Street did to this company. At one point it was below 400. Never understood why Apple all of a sudden had a PE equal to MSFT who completely missed the smartphone/tablet revolution. Oversold panic selling at the bottom. Icahn is right and all the hedge funds that dumped this are now buying back in as well.
    Aug 13 05:53 PM | Likes Like |Link to Comment
  • Time To Max Out Those Credit Cards: Why I'm Buying Visa, MasterCard, And Discover [View article]
    Nice article!
    I have owned V for a while now. It's been a great stock!

    Based upon this article I may initiate a position in DFS. Lowest PE ratio (single digits) in this industry. The author states that this company is the least certain for growth at this point. Maybe so, but I like the deal with PayPal.
    How can that do anything but grow revenue for both companies? They need each other. Maybe they merge at some point?

    V PE ratio is 3x higher than DFS. DFS is growing revenues and they are well managed! Long DFS.
    May 8 04:29 PM | 1 Like Like |Link to Comment
  • Apple's Rally Is The Child Of A Deluded Wall Street [View article]
    People understandably get emotional about this stock. Overbought on the upside and oversold on the downside? On the downside many people were in denial, now it seems like the upside might be here and these same folks are once again in denial. Seems like the a fair price might be in the middle somewhere?

    Let's see:
    Dividend Buybacks - check (Shareholders slice of EPS will increase)
    Increasing Dividends - check
    Existing profitable ecosystem - check

    Seems like a solid company to me. Oh yeah, margin compression, that sucks. Smaller overall share of a globally expanding market, which means some (but maybe less) growth. Oh yeah, the most profitable company in the space. The highest (and most secure) quality product. I want the most secure phone no question! Don't you? Read an article recently that Apple text messages are hard to hack according to the defense department!

    The wildcards - possible future innovation with rumored iwatch, itv, fingerprint technology and whatever else these guys are quietly working on? Deal with China Moibile? Building huge data centers etc.

    Finally single digit PE lower than MSFT and IBM. Guess I will take my chances here, already have! Good luck everyone!
    May 8 02:32 PM | Likes Like |Link to Comment
  • Tim Cook responds to criticism of Apple's (AAPL -1.6%) Chinese repair/warranty policy by state-owned media outlets and a government agency by issuing an apology letter that outlines repair policy changes for the iPhone 4 and 4S. Separately, Fidelity Contrafund, Apple's biggest active shareholder, discloses it cut its stake in the company by 10% in January and February, to 10.4M shares. [View news story]
    Is apologizing not a very important thing in Chinese culture?

    Anyone remember this:
    In an official diplomatic exchange, the USA government issued an apology April 11 to the Chinese Foreign Ministry for the intrusion into Chinese airspace of an American spy plane and the death of a Chinese fighter pilot. At no time was the special telephone between Presidents George W. Bush and Jiang Zemin used and, despite the fuming of some Chinese newspapers and sinophobic American politicians, the tense standoff ended with both sides claiming victory and strategic relations largely unharmed.

    In my view, in order to move forward, Cook did the right thing here.
    Apr 1 03:08 PM | 3 Likes Like |Link to Comment
  • It's Time To Dump Apple And Buy Amazon [View article]
    Good luck Boy Scout,
    AMZN with it's 187 PE. AAPL with it's below 10 PE.
    Best wishes!
    Mar 15 04:26 PM | Likes Like |Link to Comment
  • PayPal (EBAY -3.2%) acquires Duff Research, a developer of private-label mobile apps for TiVo, Adidas, and others. "What we're really after with this deal is the innovators and experience," says PayPal CTO James Barrese; division chief David Marcus has been busy trying to overhaul the culture of the online payments giant. eBay's GSI Commerce unit already helps build apps and in-store mobile promotions for retailers. [View news story]
    James, I do not know, but I agree. EBay fundamentals seem like they look good. Maybe the hedgies have now targeted EBay instead of AAPL. If any stock should be dropping it should be AMZN with it's beyond ridiculous PE ratio. Watch out though, because when the colluding hedge funds decide to target a company it can drop and fast!
    Mar 13 08:00 PM | Likes Like |Link to Comment
  • More on Gilead Sciences (GILD): Q4 beats on all counts on double digit revenue growth. Net earnings rose 15% Y/Y, driven by strong sales of its HIV drugs. Complera/Eviplera sales surged to $117.8M from $19.7M a year earlier, while sales of Atripla and Truvada improved 6% and 12%, respectively. Shares +3% AH. [View news story]
    This is a company that beats earnings expectations consistently and they have a pipeline of new things coming for future earnings growth potential.
    Feb 4 04:59 PM | Likes Like |Link to Comment
  • A little more on eBay: $13B in eBay Mobile transactions and $14B in PayPal mobile payments in 2012, above prior forecasts of $10B. $20B targets set for 2013. $256M in shares repurchased. $1.1B in free cash flow, above net income of $927M. Opex +19% Y/Y, slightly above revenue growth. GMV for fixed-price Marketplaces transactions (e.g. Buy it Now) +21%. Marketplaces active users +12% to 112.3M, sold items +17.4% (above GMV growth) Bill Me Later payment volume +31%, portfolio balance at $2.26B. [View news story]
    Seems like they are doing well. $13B in mobile transactions!
    They bought back $256 million of their own shares.
    This is a growing company that seems to be doing well.
    Why not own EBAY?
    Jan 16 05:24 PM | Likes Like |Link to Comment
  • While RBC and Wells Fargo talk up Apple's (AAPL +2.9%) Chinese sales, Wedge Partners and Merrill try to soothe concerns about iPhone order cuts (I, II). Wedge claims Apple has raised its FQ2 iPhone 5 production forecast by 10%-15% from conservative levels. Merrill suggests order cuts talk largely relates to displays, and that checks with other suppliers indicate only a seasonal drop. Still, the firm is lowering its FY13 iPhone forecast to 162M units from 170.5M, citing "a tepid US/Europe consumer and aggressive promotions [presumably for rival products] at US retailers." [View news story]
    I appreciate these comments here. This stock has sold off on rumors of poor numbers. RUMORS!
    These rumors are being put out by wall street analysts that have to follow the leader for fear of ending up in litigation. I do not trust these guys one bit. Are they not the same folks who led us into the 2008 meltdown?
    The crowd forgets that the I-phone 5 was launched with about 3 days left in the 3rd quarter. This gave the short sellers the perfect opportunity. The I-phone 5 numbers and I-pad mini numbers will show up this quarter.
    Apple is a great company with a now very low PE ratio.
    Wal Mart will sell millions of phones, as a loss leader. Apple only benefits from this.
    China just came on-line in the last couple of weeks!
    Long AAPL!
    Dec 18 08:26 PM | 1 Like Like |Link to Comment
  • Apple: Value Play Or Value Trap? [View article]
    This is extremely well stated. The worldwide demographics favor overall growth in the mobile area. Put your dollars elsewhere if you believe other companies will throttle AAPL.
    Dec 12 11:36 AM | Likes Like |Link to Comment
  • Apple Trading At 2.56x 2016 Cash Flow [View article]
    This just out today from the SA website:
    "Surface RT accounted for a mere 0.13% of North American tablet Web traffic measured by Chitika from Nov. 12-18. The iPad made up 88%."

    I guess AAPL is done as a company. Finished. Might as well fold up the tent and go home :)
    Dec 11 04:44 PM | 2 Likes Like |Link to Comment
  • Apple Trading At 2.56x 2016 Cash Flow [View article]
    I have zero interest in buying a Galaxy Phone. All my friends buy IPhones or nothing at all. I will stick with my Iphone and purchase Apple PC's as well which never have any virus issues and work really well.
    Dec 10 07:40 PM | 14 Likes Like |Link to Comment
COMMENTS STATS
23 Comments
55 Likes