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  • Yamana Gold pledges to fix executive pay plan after investors vote no [View news story]
    Almost all mgt of public companies are greedy & overpaid. They use compensation consultants for cover and often pay them million dollar fees. Only shareholders can solve this by voting against directors who are also overpaid.
    Apr 30, 2015. 12:31 PM | 1 Like Like |Link to Comment
  • Amazon: Profitable AWS Is A Serious Threat To Cloud Contenders [View article]
    MSFT makes more money in a year than AMZN will likely make in their lifetime.
    Apr 27, 2015. 12:21 PM | 5 Likes Like |Link to Comment
  • Potential AWS Spinoff Could Create More Value For Shareholders [View article]
    Great idea. Spin off AWS and the balance of the company is worth less than zero!!
    Apr 27, 2015. 12:10 PM | 5 Likes Like |Link to Comment
  • It's Time To Learn More About FelCor [View article]
    I will be sure to never bore you again.
    Apr 23, 2015. 10:57 AM | Likes Like |Link to Comment
  • It's Time To Learn More About FelCor [View article]
    Don't worry, the pfd A is not callable.
    Apr 20, 2015. 03:43 PM | 1 Like Like |Link to Comment
  • It's Time To Learn More About FelCor [View article]
    Take a good look at the balance sheet. If you adjust the 12/31/14 balance sheet for the recent secondary they have 144mm diluted common shares outstanding vs 64mm at 12/31/08. They have about 13,500 rooms vs 25,000. So they have over 4X as many outstanding shares per room. The rooms better be 4X more valuable which I doubt. The 12/31/14 balance sheet shows an accumulated deficit of $2.5 billion and negative common equity after deducting the pfds. It appears to me that money from the three secondaries over the last five years were necessary to keep them afloat. Not much to like in my opinion. All just my opinion. I think my numbers are materially correct but if you check them and find they are not, let me know. For disclosure, I do have a short position in FCH that is a very minor part of my investment portfolio and also own shares of HPT and AHT.
    Apr 20, 2015. 12:50 PM | 1 Like Like |Link to Comment
  • Felcor Lodging Trust: Stock Has Doubled, Now What? [View article]
    You say it can achieve its previous level but fail to mention that they now have over 140mm common shares vs less than 62mm when it was $20ps. If it goes back to $20ps that will be a market cap of $2,800mm vs $1,240mm for the same company with much smaller revenue and number of hotels. Are'nt zero interest rates grand!!
    Apr 10, 2015. 03:46 PM | 2 Likes Like |Link to Comment
  • FelCor Lodging down 1.1% on capital raise [View news story]
    My comment are posted on the yahoo message board for fch. Needless to say, I will not be a buyer.
    Apr 6, 2015. 05:22 PM | Likes Like |Link to Comment
  • IAMGOLD to cut board size, chairman Pugliese to retire [View news story]
    My hats off to them. No public needs more than seven directors.
    Mar 25, 2015. 03:42 PM | Likes Like |Link to Comment
  • Munster's Revenge: Amazon Forward PE Is Now 912 [View article]
    amz will go down, just don't know when.
    Feb 25, 2015. 03:24 PM | 7 Likes Like |Link to Comment
  • The Amazon Conspiracy Isn't [View article]
    In the long run, whatever that may be, amzn will trade at a reasonable multiple of earnings. I doubt that their earnings will ever support the current price. When you have to sell at the lowest price to generate sales growth, profits are difficult or impossible. If they could not make profits when there was little competition, it takes a leap of faith to think they will now that they have several viable competitors.
    Feb 24, 2015. 03:02 PM | 9 Likes Like |Link to Comment
  • Amazon: Take The Money And Run [View article]
    Senior moment. Bought 10 puts.
    Feb 2, 2015. 04:26 PM | 2 Likes Like |Link to Comment
  • Amazon: Take The Money And Run [View article]
    Thanks for an informative article. Financial analysis can not justify amzn's stock price. I have been an investor for over 50 years and never seen a stock defy fundamentals for so long. Just bought 100 July 320 puts.
    Feb 2, 2015. 03:58 PM | 6 Likes Like |Link to Comment
  • FelCor Lodging: Staying Bullish In The Wake Of Its Recent Dividend Hike [View article]
    Have you looked at the balance sheet? They have negative common equity of 170mm. Also look at the statement of operations which show they have not reported a profit since 2007. Less is more? Outstanding shares have more than doubled since that last profit in 2007. My bet is that they will give 2015 guidance for another loss year. Good luck with this one.
    Jan 5, 2015. 09:24 AM | Likes Like |Link to Comment
  • FelCor declares $0.04 dividend [View news story]
    Any other companies with negative common equity paying common dividend? I can not find one.
    Dec 31, 2014. 02:33 PM | Likes Like |Link to Comment