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ArtfulDodger

ArtfulDodger
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  • Santander, N.Y. reach accord over bank account access [View news story]
    Fellow Investors:

    This is the very reason I won't own an American bank: a meddling, controlling government that is determined to use banks as another way to transfer wealth to the parasitic classes. The result, as occurred after the Cash-Credit-Crunch Crash of `08-`09, the wealth of the working classes gets transferred to pay for these sneaky shenanigans.

    This far-left wing-nut nonsense really went into high gear in 1992 when the meddling, transfer-wealth crowd had total control of the government for two years and made the laws that forced lending institutions to create what became known as "sub-prime loans." Yes, indeed, we need another round of what that brought about.

    Why don't banks have the freedom to lend and service and do business with anyone they please? Say what you like, it's pure fascism to force lenders to lend to people they don't want to and to do business with people they don't want to.

    Of course, we have perhaps 150-million people in this nation who don't care whether others are free or not, just so they get what they want for little or nothing.

    I'm not a cynical person, but anyone who looks closely at government actions such as these and what they result in has to admit it's a sad case, and that such actions will most likely cause the nation to repeat the crash and ensuing recession we've just gone through.

    I remain hopeful for all things non-governmental, the ArtfulDodger

    Long SAN averaged in at 6
    Feb 20, 2015. 11:20 AM | 1 Like Like |Link to Comment
  • Bullish On Intel: Fundamental And Algorithmic Analysis Summary [View article]
    Fellow Investors:

    Having commented on INTC articles off and on over the last few years, everyone knows I had been long from under 15.

    So I wanted anyone who may be interested that I sold all my INTC at 36, the reason's being that it was (in my view) priced to perfection. (one of my rules for taking a serious look at whether I want to continue holding a stock or not is when I believe it is priced to perfection)

    That is, every ounce of positive information the (mostly) non-investing touts could conjure up about INTC they have posted over and over and over in one repetitive article after the other.

    When a stock of INTC's size is priced to perfection, it doesn't matter how great its products are or how good the management is — and INTC's, in both respects, are (for the most part) topnotch — because one mistake can poison the whole well.

    On top of that, INTC has (at least) one area that it is losing significant funds, and I can't see that changing anytime soon.

    Worse in my view, something I have pointed out in several past comments, touts who could not stand INTC when it was 20 — all of a sudden love it now that it's in the 30s. In my over 45-year investing experience that stands as an extremely bad sign. Not one that would absolutely make me sell, but combine that with the other things I've pointed out, and I believe it's time to put my few bucks in greener pastures (er, ah, ones not quite as popular as INTC has gotten).

    I do, however, wish all my fellow-investors well with their INTC holdings.

    I remain, the ArtfulDodger

    Note: I am reposting this comment from another thread because I have several SA friends who have a long position in INTC and, after having let them know I was thinking of selling my position, they asked me to let them know if I sold mine.

    I do want to reiterate that I am not claiming to know which way INTC's price is going. I do not have any idea. I simply think for my investing purposes there are better places to put my funds.

    Be well. I will be offline for a while.
    Feb 17, 2015. 09:25 AM | 1 Like Like |Link to Comment
  • Can Intel Succeed In Tablets? [View article]
    Fellow Investors:

    Having commented on INTC articles off and on over the last few years, everyone knows I had been long from under 15.

    So I wanted anyone who may be interested that I sold all my INTC at 36, the reason's being that it was (in my view) priced to perfection. (one of my rules for taking a serious look at whether I want to continue holding a stock or not is when I believe it is priced to perfection)

    That is, every ounce of positive information the (mostly) non-investing touts could conjure up about INTC they have posted over and over and over in one repetitive article after the other.

    When a stock of INTC's size is priced to perfection, it doesn't matter how great its products are or how good the management is — and INTC's, in both respects, are (for the most part) topnotch — because one mistake can poison the whole well.

    On top of that, INTC has (at least) one area that it is losing significant funds, and I can't see that changing anytime soon.

    Worse in my view, something I pointed out in several past comments, touts who could not stand INTC when it was 20 — all of a sudden love it now that it's in the 30s. In my over 45-year investing experience that stands as an extremely bad sign. Not one that would absolutely make me sell, but combine that with the other things I've pointed out, and I believe it's time to put my few bucks in greener pastures (er, ah, ones not quite as popular as INTC has gotten).

    I do, however, wish all my fellow-investors well with their INTC holdings.

    I remain, the ArtfulDodger
    Feb 16, 2015. 08:27 PM | 1 Like Like |Link to Comment
  • Millennials have the steering wheel now [View news story]
    Good for you, Mac. Glad to hear of someone with enough gumption and grit to break the mold.

    The best to you and your family. You are doing the right thing! Your children will be better off, and so will the nation.

    AD
    Feb 7, 2015. 11:47 PM | Likes Like |Link to Comment
  • Santander lifted by heavy profit [View news story]
    Thank you, VC, for the comment and for your work re SAN.

    You are correct, as I stated in my comment: "... as far as I know, the company has never publically described this plan. But it is one that I have observed during the four cycles I have ridden it with SAN. Patient investors who ride along stand to get well paid for their patience."

    At this point I couldn't imagine AB dumping over a hundred years of a 3 Phase strategy that has been amazingly successful. So far, she's going right along the old path. But it could happen. If I see that occurring, I'll do the ole scram-a-roo as fast as a butterfly winks.

    The best to you and your investing: AD
    Feb 4, 2015. 06:40 PM | 1 Like Like |Link to Comment
  • Avangardco: A Strong Egg Producer With A Strategic Edge [View article]
    BG:

    I have to give you credit for finding silver needles in rusty haystacks.

    Thank you for the work.

    AD
    Feb 4, 2015. 02:29 PM | Likes Like |Link to Comment
  • Update: Navios Maritime Partners Throws Shareholders A Life Raft [View article]
    Fellow Investors:

    Good management. Best balance sheet in the business. Good business. News not nearly as bad as the cynical media have reported.

    Long NMM at 12.

    I am, the ArtfulDodger
    Feb 4, 2015. 04:27 AM | Likes Like |Link to Comment
  • Santander lifted by heavy profit [View news story]
    Fellow SAN Investors:

    SAN has obviously made its usual move from being a very active acquisitor after downturns, toward focusing on internal growth.

    Historically, this has been the Second Phase of SAN's normal post-crash plan, the first of which is to load up on cheap (but valuable) assets during and after crashes, to growing its profits internally (2nd Phase), and the last, to sit back and reap the value throughout the next boom, which always comes and is the Third Phase. During the Third Phase SAN typically dumps weak or non-performing assets, making them cash fat when the next decline comes — and it will come, as it always does.

    Let me note that, as far as I know, the company has never publically described this plan. But it is one that I have observed during the four cycles I have ridden it with SAN. Patient investors who ride along stand to get well paid for their patience.

    Sometime during the 3rd Phase is also the time for investors who have built a position in SAN to take their profits. However, I would not dare to predict or guess when that will be. In the meanwhile, SAN investors can be happy that the company's plan is moving along as it historically has, albeit over a longer period of time due to the sharpness of the Cash-Credit-Crunch Crash of `09.

    Though she would not rule out another acquisition, especially in Portugal where prices are still depressed, here is part of what Ana-Botin stated in that respect, in answer to a question regarding whether SAN would continue its buying spree.

    “We don’t have this (add-on acquisitions] as a priority at the moment. Our priority will be organic growth... But there are some examples, for example, Portugal, we are looking at something...” (Ana Botín-Sanz de Sautuola y O’Shea; Chairman and Executive Director of Banco Santander [SAN])

    The best to all SAN investors: the ArtfulDodger
    Feb 3, 2015. 06:34 PM | 4 Likes Like |Link to Comment
  • Whatever You Do, Don't Sell Qualcomm - Instead, Buy This Cash Machine [View article]
    Good points, Steve. Thank you for the comment. Good moves on your `95 buys.

    Correct that you sell when a stock gets out of line with your portfolio. That's proper money management, which you don't often see mentioned around SA and similar sites, but it is one of the more important keys to successful investing.

    Thanks again. Very worthwhile comment.

    The best to you and your investing.

    I remain, the ArtfulDodger
    Feb 2, 2015. 01:51 PM | Likes Like |Link to Comment
  • Earnings Review: Time To Yahoo [View article]
    West:

    Not many positive pieces on YHOO. Glad to see yours, and not mainly because I agree with your conclusions, but because you are correct about the valuations you mention.

    Thank you for the piece. May I ask, Why are you not invested in YHOO?

    Long YHOO at 32

    I am, the ArtfulDodger
    Feb 2, 2015. 05:57 AM | 2 Likes Like |Link to Comment
  • Whatever You Do, Don't Sell Qualcomm - Instead, Buy This Cash Machine [View article]
    BC:

    Glad to see you're going to buy the stock you're touting. Please let us know when you do.

    I'm giving you a follow tap. Thanks for the piece.

    I am, the ArtfulDodger
    Feb 1, 2015. 03:11 PM | 1 Like Like |Link to Comment
  • Millennials have the steering wheel now [View news story]
    Con:

    From your comments it looks to me you're the "jealous chump," because you consistently knock "the affluent" and those you see as better off than you.

    Where is the evidence that the people born from 1940 to 1960 are "woefully unprepared for retirement"? Sounds like a red troll comment to me, which means it came from America's Red Party.

    Go ahead, slander and squall. You've got the last word here, because I won't respond but once to someone who won't/can't debate — but can only carp and knock. Rush over to the Huffington Post and grab the latest propaganda and sling away.

    AD
    Feb 1, 2015. 11:21 AM | Likes Like |Link to Comment
  • Millennials have the steering wheel now [View news story]
    Dave_M:

    Have no idea what part of FL you're in, but where I am they're still buying new cars. Mostly American cars is what I see them buying, but they are buying cars. My neighbors who are in their 70s just bought two new black Cadillacs, an SUV & a sedan.

    At my summer home one couple just bought a Camaro and the other a Porsche Cayenne. The one that bought the Camaro also bought a truck to pull their travel trailer. They are both 66.

    In my view, the generation born from 1940 to 1960 have loved cars all their lives and will continue to do so as long as they breathe.

    AD
    Feb 1, 2015. 10:55 AM | 1 Like Like |Link to Comment
  • Millennials have the steering wheel now [View news story]
    Con:

    Your comment is very typical of your age group. You have no idea how to attempt to refute someone's argument in a proper manner. So, you simply slander. No evidence, no observations, no counterpoints, just a lot of yelling, name-calling, and dissing. Another reason I stated that the group born from about 1970 to 1995 have a storm trooper-like mentality.

    You see it all over the sites where you semi-literate children roam. Notice that I said, literate. I didn't say educated, because many of you are indeed educated — but to what effect? Thank you for making one of my central points, because your comments show that you exactly typify the whole host of your kindred generation.

    AD
    Feb 1, 2015. 12:24 AM | 2 Likes Like |Link to Comment
  • Millennials have the steering wheel now [View news story]
    Drat, Grott, Tack, Euda, Six, Kevin, Anton:


    I want to add to and clarify my earlier comments on this thread, in respect to the Generation in topic: those born from the early `70s or thereabouts, who are now 18 to 40 or so.

    I am not simply knocking those under 40 for their dependence on everything from their parents to the government and for their storm-trooper-like thinking (not to mention their lingo), because somebody had to brainwash them. Somebody had to make them a bunch of spoiled sycophants.

    And that somebody was my generation, those born from about 1940 to 1960. They are the ones who enabled an entire generation of people to become as no other in history.

    In fact, when a historian friend of mine and I saw how bad it was getting, with our brothers and sisters spoiling and enabling their children and grandchildren to an unprecedented point, we tried to find in history where any such thing had occurred. The closest we could find was in one of the last censuses taken by the Second Roman Empire.

    The Senators were shocked to find that the free people's children had more servants and did less work than their parents. The same was true at Corinth, Greece during the same time period.

    Today the 1940-60 Generation has enabled a host of young people to become institutionalized by paying for them to go to school as long as they wish, by keeping them from having to work — ever — much less during their schooling. I myself went to college on a sports scholarship, yet I worked every summer. I worked at some kind of job, from cutting grass to be a janitor from the time I was 13. I can't tell you how many of my friends worked their way through college. Otherwise, they could not have gone.

    Finding someone in the 18-40 who did that is going to be like finding one who doesn't say, Awesome!

    I know a worthless little brat who stayed in school until he was 36, went through 3 BMWs, traveled the world, did indeed get two degrees and has yet to hold down the first job. He conned his old man into going into the house flipping business in `04, with neither he nor has dad ever having flipped as much as a dog house. The old man was a hard worker and an amazing inventor; he lost millions.

    And how about enabling a gang of young'uns to stay drug addicts for years, petting and pampering them, sending them to one rehab sham joint after the other? And how about letting them live at home up into their 30s or longer? Hell, when I got out of school the old man told me a week later that it was time to pay rent, pay to get my clothes washed, chip in on the power and food bills. Four of us got an apartment together. These babies today wouldn't think of doing that.

    Having friends and acquaintances all over the country, I have so many stories that they would take every ounce of space on SA to tell half of them.

    Yep, you can blame my Generation for failing the nation, having enabled their little babies to become spoiled, brainwashed whiners.

    Just look at them on this site. They want more and more, more free stuff. Not more freedom, as their parents yelled for in the late `50s, `60s, & `70s.

    I just wanted to clarify that the Generation who is 18-40 or so today is a result of another Generation's actions; the former is not the cause of how they are. Those born from 1940 to 1960 did it, and amazing, though another subject, they are the morons who cheered our soldiers to go to Iraq to swat a gnat.

    I am, however, optimistic, in that I believe that many of them will wake up and grow up. Their parents will never stop; it's too late for them. No changing that bunch of enablers. Indeed, their pandering parents may have to be laid to rest first, but I do believe many of them will come out of the brainwashed trance they are currently in.

    I remain for the truth, the ArtfulDodger
    Jan 31, 2015. 09:55 PM | 7 Likes Like |Link to Comment
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