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smitsky

smitsky
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  • Super Micro Computer: Buy The Pullback [View article]
    Thank you sfpdf.
    Apr 25, 2015. 01:13 PM | Likes Like |Link to Comment
  • Super Micro Computer: Buy The Pullback [View article]
    I don't know a huge amount about SMCI's business. I'm speaking as a trader. SMCI is a small growth stock and the price of these issues tend to swing widely.

    When I traded this stock recently, a prominent trader here asked me why it was down so much when I announced that I had entered it. I replied to her that I didn't know because none of the research I had done seemed to indicate why. IndyPEG who commented above in this Thread reasoned that it was down with the other Semiconductor sector issues because it was a sector-wide problem.

    Now it reported earnings that were not that horrible, and the price of the stock is down almost 28% from its high. Can we come to a consensus here as to why this stock has come down so much?

    One thing I've noticed is that I have not heard of any downgrades. My sources report that there are 7 Buy ratings on this issue, and the consensus price target remains ~$40.
    Apr 24, 2015. 10:07 PM | 3 Likes Like |Link to Comment
  • Yahoo Needs Disruptive Search Technology: Partnerships Are No Longer A Cure [View article]
    You're welcome, and thank you again!
    Apr 18, 2015. 01:29 PM | 1 Like Like |Link to Comment
  • Yahoo Needs Disruptive Search Technology: Partnerships Are No Longer A Cure [View article]
    Thanks a lot. I have it on my buy list. Looks as if it is in an uptrend since the low ~42 in early March.
    Apr 18, 2015. 01:29 PM | 2 Likes Like |Link to Comment
  • Yahoo Needs Disruptive Search Technology: Partnerships Are No Longer A Cure [View article]
    Thank you Alex. Very good article.

    Do you still maintain a Buy rating on YHOO WRT the call you made ~4 months ago?
    Apr 18, 2015. 12:49 PM | 3 Likes Like |Link to Comment
  • Acadia Pharmaceuticals Could See A Big Breakthrough - Cramer's Lightning Round (4/14/15) [View article]
    Cramer is comparing SLB to SLCA? Glad I've been long SLCA from, well you look at the chart...
    Apr 15, 2015. 08:45 AM | Likes Like |Link to Comment
  • Barron's on GE: Sell the news [View news story]
    stocktrader should have held on that day trade of hers (TSLA) from $186.21. She'd be up 13.3% Buy the dips! ;)
    Apr 11, 2015. 05:35 PM | 1 Like Like |Link to Comment
  • Revisiting My Decision To Sell Phillip Morris International [View article]
    Here you go. Barron's article states that PM is one of ten high-quality S&P stocks "with dividend yields of 3.5-5.7% and promising growth potential..."

    http://seekingalpha.co...
    Apr 5, 2015. 08:21 PM | 3 Likes Like |Link to Comment
  • Weighing The Week Ahead: Correction Looming? [View article]
    It's a BDC? OK. Thanks.
    Apr 5, 2015. 06:44 PM | Likes Like |Link to Comment
  • Revisiting My Decision To Sell Phillip Morris International [View article]
    Not at all Mike. Your assessment was exactly correct. I hope my response did not sound like I didn't value your input.

    As I mentioned, Ocean Man has successfully traded PM a while back and he's up almost 3% on his latest entry. I almost followed him in, but I had my trading funds tied up in some other issues and wanted to complete those trades.

    Looking over his trades, the last time he traded PM he gained ~11% in 2 months.
    Apr 5, 2015. 03:39 PM | 1 Like Like |Link to Comment
  • Revisiting My Decision To Sell Phillip Morris International [View article]
    @Mike

    Fair enough. If you look at the chart starting with August of 2012, the highest PM got for a brief period relatively speaking (compared for about 2 years down the road after that) was ~96-97. That's at most 9 points. After staying in a trading range it ended where we see it now: 10 points below where he made the call.

    In that period of time, the S&P 500 gained 717 points (53%).

    So PM both gained and lost 10% since Joe made that call. I still say it's a good call, but no he did not successfully call a drop starting the day he made the call. Have a good one.
    Apr 5, 2015. 03:30 PM | Likes Like |Link to Comment
  • What Rite Aid Investors Should Expect From Earnings, Guidance And The Stock [View article]
    @The Medici

    Yes, I have a thought.

    Ocean Man is one of the best traders around and he thrives on over-reactions. As a recent example, just go to his Stock Talks and look up $KKD.

    If $RAD sells off on good news, it may be time to jump in as low as you can pick it up. I'll be watching starting the pre-market on Wednesday morning.

    Hope this helps.
    Apr 5, 2015. 11:20 AM | Likes Like |Link to Comment
  • Weighing The Week Ahead: Correction Looming? [View article]
    While we are on the subject of CEF's, I would like to put my 2 cents in and recommend a look at a fine one: $HTGC here.
    Apr 5, 2015. 11:09 AM | 1 Like Like |Link to Comment
  • Revisiting My Decision To Sell Phillip Morris International [View article]
    @justanotherid:

    For long-term holders I would recommend adding to your position here. You will lower your cost and you have the option of selling that lot at a gain in a short term trade to help offset any losses.

    To help you make a short-term gain if you are interested in that, follow Ocean Man's trade. He entered at $75.68 and will post when he exits the trade in his Stock Talks.

    Best of luck!
    Apr 5, 2015. 10:42 AM | Likes Like |Link to Comment
  • Revisiting My Decision To Sell Phillip Morris International [View article]
    I would like to add a comment here and ask members not to flame me. Why? I know there is a great deal of support on SA for PM. I just want to point something out and give my perspective for whatever it is worth. Thanks.

    I would like to draw your attention to two things. First the date: 7/26/2012. What happened that day? An article was written by Joe Springer. The second thing is the article where he made a "sell" call in PM:

    http://bit.ly/18qBe4o

    In the spirit of giving credit where credit is due, he made a good call if you didn't want your investment in PM to lose a moderate amount of value over that time period. That day PM traded around $88. It is now trading around $78 2 1/2 years later.

    If you are holding PM long-term and collecting dividends and think it's a great company, I understand your position and I'm not going to dispute that in any way. I hold MCD and do not trade it for the same reason. I do think the management at PM is quite a bit better though. That is another story.

    I think buying PM here for a trade is a good idea. One of my favorite traders here at SA recently did just that: Ocean Man.

    I think PM has the potential to appreciate over time, and could again produce nice gains in the total return department. For now, I think that the author's (Mr. Poulos) article is a good one and does just what the title says. He's telling you why he sold PM and is answering questions regarding that position. Thanks again.
    Apr 5, 2015. 09:38 AM | 7 Likes Like |Link to Comment
COMMENTS STATS
274 Comments
178 Likes