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  • Amazon: Inflation Is Real [View article]
    It is obvious that amzn does not care about profits. Do not expect this increase to change that. At best, it will only keep the losses from increasing.
    Mar 13 02:00 PM | 1 Like Like |Link to Comment
  • What To Infer From Amazon's 2013 Performance [View article]
    Supporters of amzn say profits don't matter, profits don't matter on and on. In the long run profits are the only thing that matter.
    Feb 5 10:20 AM | 8 Likes Like |Link to Comment
  • Amazon Skidding On Thin Revenue Ice [View article]
    I am a bean counter and obviously, you can not count.
    Feb 1 05:11 PM | 3 Likes Like |Link to Comment
  • Reluctantly Picking Turnaround Stock Favorites For 2014 [View article]
    I agree with everything you say about FCH. However, it is what you do not say that surprises me. Q3 financials show a deficiency in common equity of 154mm and they have lost over a billion dollars in the last 6 yrs. Any reasonable analysis of the financials should scare you away from FCH in favor of more sound hospitality companies.
    Jan 8 09:50 AM | Likes Like |Link to Comment
  • Rackspace tumbles, Amazon and others lower following Google cloud launch [View news story]
    When Google loses money they kill the product. When Amazon loses money they sell more at a loss.
    Dec 3 01:13 PM | 3 Likes Like |Link to Comment
  • Google ups game in cloud-computing dogfight [View news story]
    Sooner or later AMZN lovers are going to realize that competition in all areas of their business will keep them from ever making the kind of profits that justify the lofty price. All of their competitors, including GOOG know how to make money and profits are ultimately what determines the value of a business.
    Dec 3 10:29 AM | 3 Likes Like |Link to Comment
  • These 3 Hotel Stock Picks Have Room For More Gains [View article]
    Can you read a balance sheet? Every year for the last three, the deficiency in common equity has increased. The balance sheet is much weaker than three years ago.
    Nov 18 11:10 AM | Likes Like |Link to Comment
  • These 3 Hotel Stock Picks Have Room For More Gains [View article]
    I am surprised you would pick fch from all the hotel reits. Their balance sheet is the weakest I have seen amoung the stocks I follow. At 9/30/13 they had a common deficiency of 154mm or 1.24ps. The pfds with 25 liquidation value only have 17.17ps in book value. They have lost 902mm during 2008-2012 and will add about 100mm again this year. You have a lot of confidence in mgt with this record!! In my opinion, there are many better hotel reits.
    Nov 15 11:22 AM | Likes Like |Link to Comment
  • The Sell Off In Penn West Is A Buying Opportunity [View article]
    It seems that most of the negative comments ignore the fact that the new management has not been around long enough to overcome all the bad management of their predecessors.
    Nov 8 10:44 AM | 7 Likes Like |Link to Comment
  • IAMGOLD slammed by five downgrades [View news story]
    They have made inflation rise. Look at Shadow Statistics for accurate report on inflation. If you find any government agency telling the truth, let me know.
    Nov 8 10:21 AM | Likes Like |Link to Comment
  • Why Amazon Belongs In The 'Too Hard' Bucket [View article]
    Eugene needs to get him a cheap calculator from Amazon. His example does not equal 20% cheaper but 16.8% cheaper. He also needs to work a little harder to support his assertion that one product represents the average of all products sold by Amazon. This is specious logic at best and laziness and carelessness at worst.
    Nov 6 12:27 PM | Likes Like |Link to Comment
  • FelCor Lodging FFO in-line, misses on revenue [View news story]
    The real surprise is that they will pay a common dividend when they have negative common equity of 154mm. The pfd shareholders who have only 17.17 per share book value to support their 25ps liquidation value should be pretty upset. And it will get worse since their guidance is for more losses in q4. Thank you helicoptor Ben.
    Oct 31 12:09 PM | Likes Like |Link to Comment
  • Amazon.com: The Lack Of Profitability Is Structural [View article]
    The current business model is more sales =more losses. That is why they are trying to be all things to all people. They are hoping to find something that will produce profits. I will not be surprised to see them charter a bank to finance all the sales.
    Oct 28 06:01 PM | 1 Like Like |Link to Comment
  • Standpoint not a fan of AMZN but ex-employee pushes the bull case [View news story]
    I read the former employee post and as a CPA can only conclude that he needs more education in accounting.
    Oct 28 03:27 PM | 2 Likes Like |Link to Comment
  • Amazon And The 'Profitless Business Model' Fallacy [View article]
    If you can add & subtract, you can see the future of AMZN. Net product sales minus cost of sales minus fulfillment cost was negative 592mm in the latest quarter compared to minus 283mm in the year earlier quarter. Sell more, lose more. Great business plan. Sales tax alone will either slow sales because of higher prices or increase losses if the sales tax cost is not passed on. I have been investing since 1959 and seen lots of AMZN's come and go including the nifty fifty and the forever stocks.
    Oct 27 03:03 PM | 3 Likes Like |Link to Comment
COMMENTS STATS
49 Comments
59 Likes