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pippinjonesowns

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  • Transforming Finance: Lending Club's IPO [View article]
    Great article and I completely agree. I saw that the valuation was near $4 Billion which definitely scares me a little. I still think I will purchase a few shares because long term this model is cheaper and better than that of traditional banks.
    Aug 4 05:41 PM | 2 Likes Like |Link to Comment
  • Verizon: 6 Reasons To Consider Buying Here [View article]
    I have held VZ since 2010 and I just bought T a couple weeks ago. VZ in the short term won't be able to raise dividends because of the new share influx and the high levels of debt, so I bought some AT&T instead. Also, T has improved wireless coverage more than anyone else the past few years and is now very comparable to Verizon in that respect. The two are far and away the best providers of quality coverage, and unless there is a large merger between smaller companies, Verizon and ATT are both going to continue to dominate based on the quality of their coverage.
    Mar 23 12:43 PM | Likes Like |Link to Comment
  • Amazon estimated to have 16.7M Prime subs; Janney a fan of Kiva's robots [View news story]
    By buying a prime membership people naturally want to get the most out of their money, so they always just try to buy more stuff on amazon instead of other places to get the best value. Also, any seller on Amazon can use their warehouses and have Amazon ship for them. They pay a small fee for the warehouse space but Amazon pays the 2 day shipping costs.
    Dec 10 02:24 PM | Likes Like |Link to Comment
  • Amazon estimated to have 16.7M Prime subs; Janney a fan of Kiva's robots [View news story]
    You dont understand. Amazon takes 15% of every sale from their sellers. By paying 80 dollars a year for free shipping, all youre doing is guaranteeing that youll spend more money in order to justify the $80 a year for free shipping. Amazon is creating customers for life. Average Prime Customers spend more than twice what non prime customers spend each year.
    Dec 10 11:13 AM | Likes Like |Link to Comment
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