lucky lenny's Comments RSS Syndication from SeekingAlpha.com http://seekingalpha.comuser/170968/comments http://seekingalpha.com/article/175510-gold-may-gain-on-dubai-crisis?source=feed#comment-779314 779314 Fri, 27 Nov 2009 06:51:48 -0500 http://seekingalpha.com/article/175002-high-gold-prices-it-s-the-oil-stupid?source=feed#comment-774807 774807
Ever think of supply and demand? I don't think price of oil has anything to do with price of gold. Good luck somehow blaming the Repubs. When u liberals just elected someone who is Jimmy Carter-stupid.]]> Tue, 24 Nov 2009 06:55:05 -0500
Ever think of supply and demand? I don't think price of oil has anything to do with price of gold. Good luck somehow blaming the Repubs. When u liberals just elected someone who is Jimmy Carter-stupid.]]> http://seekingalpha.com/article/174800-global-macro-trends-in-eight-charts-the-next-crisis-will-be-in-currency?source=feed#comment-772943 772943
As long as the Fed keeps depreciating the US$; look for gold to keep going up. And with Barack Hussein Obama, harry reid, & nancy pelosi in charge, this will be every day for at least the next 3 1/2 years.]]> Mon, 23 Nov 2009 07:14:08 -0500
As long as the Fed keeps depreciating the US$; look for gold to keep going up. And with Barack Hussein Obama, harry reid, & nancy pelosi in charge, this will be every day for at least the next 3 1/2 years.]]> http://seekingalpha.com/article/174467-td-ameritrade-and-e-trade-wedding-bells?source=feed#comment-768497 768497 Fri, 20 Nov 2009 04:49:19 -0500 http://seekingalpha.com/article/174435-golden-shorting-opportunity-if-stocks-pull-back?source=feed#comment-768486 768486 Fri, 20 Nov 2009 04:24:56 -0500 http://seekingalpha.com/article/173443-gold-what-s-motivating-higher-production-levels-among-miners?source=feed#comment-761485 761485 Sun, 15 Nov 2009 23:25:05 -0500 http://seekingalpha.com/article/173388-is-the-local-top-in-precious-metals-stocks-already-behind-us?source=feed#comment-760773 760773 Sun, 15 Nov 2009 08:45:28 -0500 http://seekingalpha.com/article/172991-why-should-oracle-even-bother-with-the-eu?source=feed#comment-756745 756745
I would also add that Oracle appears to be totally overpaying for Sun. EU's bullying may actually be a blessing in disguise for Oracle shareholders if the deal unwinds.]]> Thu, 12 Nov 2009 08:03:35 -0500
I would also add that Oracle appears to be totally overpaying for Sun. EU's bullying may actually be a blessing in disguise for Oracle shareholders if the deal unwinds.]]> http://seekingalpha.com/article/171992-research-in-motion-not-likely-to-spend-1-2b-on-share-repurchase-program?source=feed#comment-750638 750638 Sun, 08 Nov 2009 09:30:59 -0500 http://seekingalpha.com/article/172046-maybe-the-droid-launch-wasn-t-so-bad-after-all?source=feed#comment-750522 750522 Sun, 08 Nov 2009 07:41:15 -0500 http://seekingalpha.com/article/171992-research-in-motion-not-likely-to-spend-1-2b-on-share-repurchase-program?source=feed#comment-750520 750520 Sun, 08 Nov 2009 07:35:31 -0500 http://seekingalpha.com/article/171761-research-in-motion-still-the-best-positioned-smartphones-play?source=feed#comment-747642 747642 Fri, 06 Nov 2009 08:28:27 -0500 http://seekingalpha.com/article/171761-research-in-motion-still-the-best-positioned-smartphones-play?source=feed#comment-747566 747566
iso-100.com/blog/post/.../]]> Fri, 06 Nov 2009 07:05:08 -0500
iso-100.com/blog/post/.../]]> http://seekingalpha.com/article/171761-research-in-motion-still-the-best-positioned-smartphones-play?source=feed#comment-747524 747524
I know in my company, security is #1 priority. BB does it all & is the most secure; so we're not switching. However, if anyone knows of a company that is switching off the Blackberry, please indicate how many users & the reason why. Thanks.]]> Fri, 06 Nov 2009 05:26:32 -0500
I know in my company, security is #1 priority. BB does it all & is the most secure; so we're not switching. However, if anyone knows of a company that is switching off the Blackberry, please indicate how many users & the reason why. Thanks.]]> http://seekingalpha.com/article/170342-are-deficits-irrelevant-if-we-re-unaware?source=feed#comment-739982 739982 Mon, 02 Nov 2009 07:39:45 -0500 http://seekingalpha.com/article/170342-are-deficits-irrelevant-if-we-re-unaware?source=feed#comment-739981 739981
• Under Clinton, national debt went up big time. As proof, go to treasurydirect.gov - you’ll see that on 9/30/92, before Slick Willie took office, the national debt stood at $4.1 trillion. When Slick Willie left office in 2000, the national debt stood at $5.7 trillion. Every year Slick Willie was in office, the national debt went higher. When the Republicans wanted to cut spending, Clinton caused a gov’t shutdown. Now his left leaning supporters in the media are repeating the lie that Clinton reduced the national debt. As you can see from the web site, its just not true. Here’s all the years of the national debt: www.treasurydirect.gov... - this is from the treasury itself.


On Nov 01 09:03 PM Denis Gould wrote:

> Is anybody really trying to promote the argument that running a huge
> budget deficit doesn't matter because people didn't realise the fiscal
> improvements made under Clinton?]]> Mon, 02 Nov 2009 07:37:27 -0500
• Under Clinton, national debt went up big time. As proof, go to treasurydirect.gov - you’ll see that on 9/30/92, before Slick Willie took office, the national debt stood at $4.1 trillion. When Slick Willie left office in 2000, the national debt stood at $5.7 trillion. Every year Slick Willie was in office, the national debt went higher. When the Republicans wanted to cut spending, Clinton caused a gov’t shutdown. Now his left leaning supporters in the media are repeating the lie that Clinton reduced the national debt. As you can see from the web site, its just not true. Here’s all the years of the national debt: www.treasurydirect.gov... - this is from the treasury itself.


On Nov 01 09:03 PM Denis Gould wrote:

> Is anybody really trying to promote the argument that running a huge
> budget deficit doesn't matter because people didn't realise the fiscal
> improvements made under Clinton?]]> http://seekingalpha.com/article/169361-e-trade-financial-corporation-q3-2009-earnings-call-transcript?source=feed#comment-733509 733509
o Year-to-date we have in fact recorded our highest DART level for the first nine months of any year at 204,000.

o margin receivables at quarter end rose by 10% to $3.4 billion

o brokerage is still growing - record 2.7 mill a/c’s

o working on things like “first call resolution” and brokerage account attrition rate

o Loss provisions are moderating - $347 mill in 3Q09

o tax-deferred net operating losses amounted to $1.6 which they expect to be used when they become profitable

o from all indications, E-trade is getting back to its roots. Making $$’s on interest rate spreads & commissions.

o Projecting profitability & using up their tax-deffered losses]]> Wed, 28 Oct 2009 04:09:01 -0400
o Year-to-date we have in fact recorded our highest DART level for the first nine months of any year at 204,000.

o margin receivables at quarter end rose by 10% to $3.4 billion

o brokerage is still growing - record 2.7 mill a/c’s

o working on things like “first call resolution” and brokerage account attrition rate

o Loss provisions are moderating - $347 mill in 3Q09

o tax-deferred net operating losses amounted to $1.6 which they expect to be used when they become profitable

o from all indications, E-trade is getting back to its roots. Making $$’s on interest rate spreads & commissions.

o Projecting profitability & using up their tax-deffered losses]]> http://seekingalpha.com/article/169361-e-trade-financial-corporation-q3-2009-earnings-call-transcript?source=feed#comment-733505 733505

On Oct 28 03:01 AM Ricard wrote:

> Thanks for the quick response.
>
> And thanks again for providing these...very handy. :)
>
> On Oct 28 02:42 AM Rachel Tova Rott wrote:]]> Wed, 28 Oct 2009 04:01:43 -0400

On Oct 28 03:01 AM Ricard wrote:

> Thanks for the quick response.
>
> And thanks again for providing these...very handy. :)
>
> On Oct 28 02:42 AM Rachel Tova Rott wrote:]]> http://seekingalpha.com/article/168989-is-this-rally-toast?source=feed#comment-731891 731891 Tue, 27 Oct 2009 05:02:05 -0400 http://seekingalpha.com/article/168065-e-trade-very-undervalued?source=feed#comment-724774 724774
• Loss provisions are moderating on a quarte-over-qtr basis. Per the 9/15/09 press release, E-trade is projecting a provision for loan loss of between $300-$375 mill; vs. $404.5 mill in 2Q09 - so the provision is moderating

• stock market is back on the upswing; w/ the DOW now over 10k

• despite advertising expense being cut in half, new a/c openings are strong; with a record 2.7 mill brokerage a/c’s as of 8/31/09

• Per the 2Q09 income statement, interest income, commissions, fees, and other revs are tremendous; running around $350 mill/qtr

• E-trade is getting its groove back on. Advertising costs coming down, in 2Q09, only $25.0 mill vs. the usual $44 mill or so. Tells me they’re over the whole meltdown debacle issue.

• Per 2Q09 Balance Sheet, E-trade looks to have enough capitial to weather a few more qtrs & even years of losses; with $6.7 bill in cash & investments; and net equity of $3.0 bill. Not that they’ll have these large losses; just that if they did, they’re still coming back w/out going Chapter 11.

• And finally, the #1 reason, is E-trades 2.7 mill brokerage a/c’s which could lead to a takeover. Even w/ the 662 mill shs o/s (diluted), I think E-trade’s trading platform, name recognition, tax loss carry-forwards, and customer bases would result in an offer of around $5-10/share. Especially if E-trade could become breakeven or profitiable before the buyout. ]]> Thu, 22 Oct 2009 05:36:02 -0400
• Loss provisions are moderating on a quarte-over-qtr basis. Per the 9/15/09 press release, E-trade is projecting a provision for loan loss of between $300-$375 mill; vs. $404.5 mill in 2Q09 - so the provision is moderating

• stock market is back on the upswing; w/ the DOW now over 10k

• despite advertising expense being cut in half, new a/c openings are strong; with a record 2.7 mill brokerage a/c’s as of 8/31/09

• Per the 2Q09 income statement, interest income, commissions, fees, and other revs are tremendous; running around $350 mill/qtr

• E-trade is getting its groove back on. Advertising costs coming down, in 2Q09, only $25.0 mill vs. the usual $44 mill or so. Tells me they’re over the whole meltdown debacle issue.

• Per 2Q09 Balance Sheet, E-trade looks to have enough capitial to weather a few more qtrs & even years of losses; with $6.7 bill in cash & investments; and net equity of $3.0 bill. Not that they’ll have these large losses; just that if they did, they’re still coming back w/out going Chapter 11.

• And finally, the #1 reason, is E-trades 2.7 mill brokerage a/c’s which could lead to a takeover. Even w/ the 662 mill shs o/s (diluted), I think E-trade’s trading platform, name recognition, tax loss carry-forwards, and customer bases would result in an offer of around $5-10/share. Especially if E-trade could become breakeven or profitiable before the buyout. ]]> http://seekingalpha.com/article/167493-e-trade-a-solid-deep-value-stock?source=feed#comment-721750 721750
E-trad is at $1.75. Here’s what I like about the stock and why I’m holding:

• Loss provisions are moderating on a quarte-over-qtr basis. Per the 9/15/09 press release, E-trade is projecting a provision for loan loss of between $300-$375 mill; vs. $404.5 mill in 2Q09 - so the provision is moderating

• stock market is back on the upswing; w/ the DOW now over 10k

• despite advertising expense being cut in half, new a/c openings are strong; with a record 2.7 mill brokerage a/c’s as of 8/31/09

• Per the 2Q09 income statement, interest income, commissions, fees, and other revs are tremendous; running around $350 mill/qtr

• E-trade is getting its groove back on. Advertising costs coming down, in 2Q09, only $25.0 mill vs. the usual $44 mill or so. Tells me they’re over the whole meltdown debacle issue.

• Per 2Q09 Balance Sheet, E-trade looks to have enough capitial to weather a few more qtrs & even years of losses; with $6.7 bill in cash & investments; and net equity of $3.0 bill. Not that they’ll have these large losses; just that if they did, they’re still coming back w/out going Chapter 11.

• And finally, the #1 reason, is E-trades 2.7 mill brokerage a/c’s which could lead to a takeover. Even w/ the 662 mill shs o/s (diluted), I think E-trade’s trading platform, name recognition, tax loss carry-forwards, and customer bases would result in an offer of around $5-10/share. Especially if E-trade could become breakeven or profitiable before the buyout. ]]> Tue, 20 Oct 2009 06:44:05 -0400
E-trad is at $1.75. Here’s what I like about the stock and why I’m holding:

• Loss provisions are moderating on a quarte-over-qtr basis. Per the 9/15/09 press release, E-trade is projecting a provision for loan loss of between $300-$375 mill; vs. $404.5 mill in 2Q09 - so the provision is moderating

• stock market is back on the upswing; w/ the DOW now over 10k

• despite advertising expense being cut in half, new a/c openings are strong; with a record 2.7 mill brokerage a/c’s as of 8/31/09

• Per the 2Q09 income statement, interest income, commissions, fees, and other revs are tremendous; running around $350 mill/qtr

• E-trade is getting its groove back on. Advertising costs coming down, in 2Q09, only $25.0 mill vs. the usual $44 mill or so. Tells me they’re over the whole meltdown debacle issue.

• Per 2Q09 Balance Sheet, E-trade looks to have enough capitial to weather a few more qtrs & even years of losses; with $6.7 bill in cash & investments; and net equity of $3.0 bill. Not that they’ll have these large losses; just that if they did, they’re still coming back w/out going Chapter 11.

• And finally, the #1 reason, is E-trades 2.7 mill brokerage a/c’s which could lead to a takeover. Even w/ the 662 mill shs o/s (diluted), I think E-trade’s trading platform, name recognition, tax loss carry-forwards, and customer bases would result in an offer of around $5-10/share. Especially if E-trade could become breakeven or profitiable before the buyout. ]]> http://seekingalpha.com/article/166925-e-trade-shows-bullish-signals?source=feed#comment-718342 718342
• Loss provisions are moderating on a quarte-over-qtr basis. Per the 9/15/09 press release, E-trade is projecting a provision for loan loss of between $300-$375 mill; vs. $404.5 mill in 2Q09 - so the provision is moderating

• stock market is back on the upswing; w/ the DOW now over 10k

• despite advertising expense being cut in half, new a/c openings are strong; with a record 2.7 mill brokerage a/c’s as of 8/31/09

• Per the 2Q09 income statement, interest income, commissions, fees, and other revs are tremendous; running around $350 mill/qtr

• E-trade is getting its groove back on. Advertising costs coming down, in 2Q09, only $25.0 mill vs. the usual $44 mill or so. Tells me they’re over the whole meltdown debacle issue.

• Per 2Q09 Balance Sheet, E-trade looks to have enough capitial to weather a few more qtrs & even years of losses; with $6.7 bill in cash & investments; and net equity of $3.0 bill. Not that they’ll have these large losses; just that if they did, they’re still coming back w/out going Chapter 11.

• And finally, the #1 reason, is E-trades 2.7 mill brokerage a/c’s which could lead to a takeover. Even w/ the 662 mill shs o/s (diluted), I think E-trade’s trading platform, name recognition, tax loss carry-forwards, and customer bases would result in an offer of around $5-10/share. Especially if E-trade could become breakeven or profitiable before the buyout. ]]> Sat, 17 Oct 2009 02:29:29 -0400
• Loss provisions are moderating on a quarte-over-qtr basis. Per the 9/15/09 press release, E-trade is projecting a provision for loan loss of between $300-$375 mill; vs. $404.5 mill in 2Q09 - so the provision is moderating

• stock market is back on the upswing; w/ the DOW now over 10k

• despite advertising expense being cut in half, new a/c openings are strong; with a record 2.7 mill brokerage a/c’s as of 8/31/09

• Per the 2Q09 income statement, interest income, commissions, fees, and other revs are tremendous; running around $350 mill/qtr

• E-trade is getting its groove back on. Advertising costs coming down, in 2Q09, only $25.0 mill vs. the usual $44 mill or so. Tells me they’re over the whole meltdown debacle issue.

• Per 2Q09 Balance Sheet, E-trade looks to have enough capitial to weather a few more qtrs & even years of losses; with $6.7 bill in cash & investments; and net equity of $3.0 bill. Not that they’ll have these large losses; just that if they did, they’re still coming back w/out going Chapter 11.

• And finally, the #1 reason, is E-trades 2.7 mill brokerage a/c’s which could lead to a takeover. Even w/ the 662 mill shs o/s (diluted), I think E-trade’s trading platform, name recognition, tax loss carry-forwards, and customer bases would result in an offer of around $5-10/share. Especially if E-trade could become breakeven or profitiable before the buyout. ]]> http://seekingalpha.com/article/166626-citadel-s-e-trade-stake-the-selling-continues?source=feed#comment-715984 715984 Thu, 15 Oct 2009 05:02:18 -0400 http://seekingalpha.com/article/166470-why-android-is-gaining-ground-on-apple?source=feed#comment-715976 715976 Thu, 15 Oct 2009 04:43:40 -0400 http://seekingalpha.com/article/165726-why-exxon-should-significantly-increase-its-dividend?source=feed#comment-710034 710034
going thru Exxon-Mobil’s 2007 Annual Report, it showed from ’03 to ’07 - # of shs o/s diluted went down from 6.7 bill to 5.6 bill. As a sharelholder, i much prefer a lower share count; which results in higher eps in the long run; then dividends. Just my preference.]]> Fri, 09 Oct 2009 07:46:40 -0400
going thru Exxon-Mobil’s 2007 Annual Report, it showed from ’03 to ’07 - # of shs o/s diluted went down from 6.7 bill to 5.6 bill. As a sharelholder, i much prefer a lower share count; which results in higher eps in the long run; then dividends. Just my preference.]]> http://seekingalpha.com/article/164255-top-option-trades-from-september-30?source=feed#comment-698166 698166
Of the stocks covered, BestBuy does look the most attractive. BestBuy has upped earnings guidance to $2.70 to $3.00/share. On a personal level, I think places such as BestBuy & the former Circuit City are excellent; compared to Walmart. At BestBuy, they have tons of turnover, so they can always offer the most current models at the same or lower prices than Walmart]]> Thu, 01 Oct 2009 07:37:38 -0400
Of the stocks covered, BestBuy does look the most attractive. BestBuy has upped earnings guidance to $2.70 to $3.00/share. On a personal level, I think places such as BestBuy & the former Circuit City are excellent; compared to Walmart. At BestBuy, they have tons of turnover, so they can always offer the most current models at the same or lower prices than Walmart]]> http://seekingalpha.com/article/163537-rim-faces-growing-competition-from-apple-and-palm?source=feed#comment-692826 692826 Sun, 27 Sep 2009 08:00:44 -0400 http://seekingalpha.com/article/163510-volume-indicates-fast-money-exits-research-in-motion?source=feed#comment-692654 692654 Sat, 26 Sep 2009 20:47:32 -0400 http://seekingalpha.com/article/163393-market-outlook-expect-a-major-shift-in-bond-and-equity-correlations?source=feed#comment-690464 690464 Fri, 25 Sep 2009 07:13:29 -0400 http://seekingalpha.com/article/162922-what-do-the-schizophrenic-markets-want?source=feed#comment-687180 687180
I don’t think the pro’s on Wall Stret have fully factored in the impact of Circuit City’s bankruptcy on BestBuy. Per Circ City’s 10-k for fiscal yr ended 2/29/08, Circ City did $11.7 bill in sales for the year; had 693 stores in the U.S; 779 non-american stores, mostly in Canada, and the stock, CC - traded in the low 30’s in 2007; & paid a $.16/sh dividend in ’08. Given that BestBuy does about $45.0 bill in sales in yr ended 2/28/09; and competed on most products & delivery channels, I have to believe BestBuy will be able to ease up a bit on advertisng, expansion, remodeling, etc... And at the same time not have to be as aggressive on pricing. Granted, once PC Richard & others take over Circ City’s old stores, the environment will change. That won’t be for a few years. In the meantime, I think BestBuy has some breating room to really increase profits and profit margins. Stock currently under $39/share & projecting earnings of $2.70 to $3.00 in the year ending 2/28/10.


On Sep 23 07:01 AM Roger Knights wrote:

> Circuit City's bankruptcy has given BB a boost.]]> Wed, 23 Sep 2009 07:41:25 -0400
I don’t think the pro’s on Wall Stret have fully factored in the impact of Circuit City’s bankruptcy on BestBuy. Per Circ City’s 10-k for fiscal yr ended 2/29/08, Circ City did $11.7 bill in sales for the year; had 693 stores in the U.S; 779 non-american stores, mostly in Canada, and the stock, CC - traded in the low 30’s in 2007; & paid a $.16/sh dividend in ’08. Given that BestBuy does about $45.0 bill in sales in yr ended 2/28/09; and competed on most products & delivery channels, I have to believe BestBuy will be able to ease up a bit on advertisng, expansion, remodeling, etc... And at the same time not have to be as aggressive on pricing. Granted, once PC Richard & others take over Circ City’s old stores, the environment will change. That won’t be for a few years. In the meantime, I think BestBuy has some breating room to really increase profits and profit margins. Stock currently under $39/share & projecting earnings of $2.70 to $3.00 in the year ending 2/28/10.


On Sep 23 07:01 AM Roger Knights wrote:

> Circuit City's bankruptcy has given BB a boost.]]>