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buyitcheap

buyitcheap
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  • My K.I.S.S. Dividend Portfolio: 2nd Quarter 2014 Update [View article]
    then you take a little of the dividend income and buy a small put/hedge position....
    Sep 26, 2014. 08:05 AM | Likes Like |Link to Comment
  • GT Advanced Technologies' Hyperion Technology Will Revolutionize The Solar Industry [View article]
    $7 2016 puts selling for $1.30 - nice $5.70 entry if assigned...
    Sep 26, 2014. 08:01 AM | 2 Likes Like |Link to Comment
  • Why Isn't Yahoo Worth Significantly More? [View article]
    YAHOF up, YHOO down... hmm.
    Sep 25, 2014. 11:12 AM | Likes Like |Link to Comment
  • Apple, Google Will Crush Microsoft Just As Amazon Did Best Buy [View article]
    Rocco, you're nothing if not controversial. I welcome them being humbled, more than a little. Their culture is one of utter arrogance....misplaced at that...
    Sep 24, 2014. 04:13 PM | Likes Like |Link to Comment
  • Why Isn't Yahoo Worth Significantly More? [View article]
    Core business of YHOO is worth less than nothing as an operating company. The only way to look at this company is at its portfolio of companies it owns, tumblr, etc. The parts of this company are far more valuable separately than this mess that currently exists.

    Perhaps a better way to play BABA with a lot less capital is YAHOF, imho.

    But as a "value" no. that was way back in the teens....this is a pure spec play on a breakup/activist investor, etc... otherwise, it's a conglomeration of depreciating intellectual property....
    Sep 24, 2014. 01:32 PM | Likes Like |Link to Comment
  • The Vultures Are Circling Yahoo And It Is Time To Join Them [View article]
    It was in the teens not long ago.... I agree on the thesis too... this is a portfolio company worth breaking up...
    Sep 22, 2014. 11:10 AM | 1 Like Like |Link to Comment
  • Has The Opportunity In Yahoo Passed? [View article]
    30s have arrived and the vultures are circling... Rasna seems to have the pricing movement on this thing clocked...
    Sep 22, 2014. 11:07 AM | Likes Like |Link to Comment
  • Is The Master Limited Partnership Tax Status At Risk? [View article]
    If they're ever going to address the "carried Interest" scam perpetrated by hedge funds and co.... the LP status will have to go. No great loss if accompanied by other corporate tax reform, i.e. reduce the rate to 0% and mandate a 12% payout as a dividend.
    Sep 21, 2014. 04:45 PM | Likes Like |Link to Comment
  • Has The Opportunity In Yahoo Passed? [View article]
    VERY interesting Alex - thanks!
    Sep 21, 2014. 01:34 PM | Likes Like |Link to Comment
  • Why I'm Buying Up Coal Stocks [View article]
    AGreed on your thesis. Buying the "most hated"sector tends to be quite profitable a few years later. Long KOL.
    Sep 21, 2014. 01:17 PM | 6 Likes Like |Link to Comment
  • Has The Opportunity In Yahoo Passed? [View article]
    I retract my first sentence Rasna, I see what you're saying.
    Sep 19, 2014. 05:02 PM | Likes Like |Link to Comment
  • Has The Opportunity In Yahoo Passed? [View article]
    30s were seen today -and it's the move off that caught my attention. the event risk is too strong here, but absent that catalyst, MM and Co need to either blow out the company or be taken over. that event risk will drive any price.
    Sep 19, 2014. 05:00 PM | Likes Like |Link to Comment
  • Has The Opportunity In Yahoo Passed? [View article]
    I am also long at lower levels, I don't see yahoo as a hedge for a baba stake, that just doesn't make sense to me as YHOO would go LOWER if BABA drops next week if today's buyers (and sellers) decide to sell next week. So too much risk there, again, just my $0.02.

    As to "unlocking shareholder value" I think that ship has sailed for Meyer and company. why haven't they been prepping for this prior to the ipo? unless they will do that this weekend. It wouldn't be in the form of buying other companies imo or buying back stock or adividend. I think as you state, its remaining value is in a takeover and breakup of its components. Yahoo and its core business as a company with 2% yoy declining revenue etc.has been deemed to be valueless. but the brands do have the value.

    The drops today seemed to have buyers come in and that seems the only logical reason. Best to you.
    Sep 19, 2014. 04:56 PM | Likes Like |Link to Comment
  • Has The Opportunity In Yahoo Passed? [View article]
    Well, between the initial BABA price, assuming YHOO selling the max allotment and the retained stake, the market now values core YHOO at less than zero, a lot less. Worse, everyone now knows it. This seems like a serious vote of no confidence in management to me. Despite that I feel there may be more downside to go (30s if not mid upper 20s), I no longer like the risk/reward of being short due to event risk. Given the volume, there's got to be some supportive buying in there by an "activist" or two who recognize such an obvious imbalance. Given these factors, any remaining shorts should be getting outta here because, for my money, YAHOO is officially activist chum in the takeover/breakup water. How can an Icahn or other fund possibly resist? Hell, Yahoo sports (my fave) is probably $2 billion alone.

    Lots to think about this weekend, but I am (profitably) closing my long puts on YHOO and will be looking at selling some next week.

    Sep 19, 2014. 02:55 PM | Likes Like |Link to Comment
  • Has The Opportunity In Yahoo Passed? [View article]
    That is precisely the debate in my head. As some have alluded to here, the parts are worth way more than what YHOO is trading at, but only a formal declaration of a "spinout" of the various businesses would get you to the real value. YHOO is falling as of now (which is kind of what I thought - that perhaps BABA is already in the YHOO price and now it will be judged on its own-plus a boatload of cash), but if you want growth, buy BABA. You want to own a cigarette company that makes money and pays a divvie, keep yahoo. But expect the valuation to decline.
    Sep 19, 2014. 12:32 PM | Likes Like |Link to Comment
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