Send Message
View as an RSS Feed
  • Why Apple's Price Is Back To Pre-Earnings Levels  [View article]
    "still affordable status symbols"
    Wow! That helped explain the recession proof sales that Apple has been having domestically, despite all the difficulties mentioned. Really, I would have expected sales to have been a bit weaker over the past few years. I think that being such a functional, versatile luxury has combined with the status effect, leading to the results we have seen...
    May 10, 2012. 12:31 AM | 1 Like Like |Link to Comment
  • Could BlackBerry 10 Ignite A Buying Frenzy?  [View article]
    Good luck with the investment bedrock, just because I'm bearish on RIMM doesn't mean I want anyone to lose money...
    May 9, 2012. 10:39 PM | Likes Like |Link to Comment
  • Could BlackBerry 10 Ignite A Buying Frenzy?  [View article]
    I sold AAPL at 609 and thought we would get below 550, but it has been finding support at current levels, so I'm still waiting...

    You don't mind holding RIMM at a loss as long as tangible book value is higher than your cost? Well, it's a good thing you have AAPL to offset that...
    May 9, 2012. 09:59 PM | Likes Like |Link to Comment
  • What To Do On A Day Like This  [View article]
    It isn't easy, that's true, but they can utilize broad ETFs and buy seasonal dips, add on some stable dividend stocks, read a lot. They dont have to know everything to do well, some basic principles can go a long way. It can be done. 70 is a bit of a late start though. Most retailer investors seem to be staying out after being burned by the financial crisis and the Internet bubble before that. If I had the time during the day like a retired person, I would know a hell of a lot more than I do now. I expect that those who dare to invest and put in the time will do well, if they can learn to use their emotions rather than being driven by them.

    Buying sometime this summer to me is probably going to be buying the low for the year because you have both the seasonal effect and European crisis overlaying each other. The European problems will continue to linger and rise its head on occasion for a few more years, but I don't things will totally fall apart; and they have had time to put up some firewalls. 

    The smart guys about to retire or already in retirement will have to take on the challenge and do things different from the crowd...just like we have to if we want to do well...
    May 9, 2012. 05:54 PM | Likes Like |Link to Comment
  • Why Apple's Price Is Back To Pre-Earnings Levels  [View article]
    I guess it is option 3: Ignore comment.
    May 9, 2012. 04:02 PM | Likes Like |Link to Comment
  • Could BlackBerry 10 Ignite A Buying Frenzy?  [View article]
    With the iPad, the Retina display is such a big change that it makes me wonder what they will do for the follow-up. I had to upgrade, as long as I could afford it, because of the changes.

    Same with the phones, going from the 3S to the 4 was dramatic, with the display being a radical change (hard to use my old equipment now), the speed, the camera, the change in form factor with the all glass surfaces that made the appearace stunning, wow! Anytime they go to an "S" it is a more incremental change with no form factor change, but including SIRI is a change in interface, one that required a faster processor, then they threw in the improved camera for good measure...not a bad upgrade. I worry a little about what they will do that will be worthy of the 5 name, though the screen size increase to 4" is an important change. We'll all see quite soon...

    Bedrock, at least you may have missed a lot of RIMM's decline, because last year ending in December was brutal. Even the ride since has not been easy, though they got a bounce early this year, and I'm sure the AAPL gains this year helped cushion what happened with RIMM (not true last year). With tangible book, I never like playing stock bottoms because I generally like momentum going in my direction before buying in, I dislike suffering a loss, even on paper. I'm in that "cut losses quick and let winners run" camp, almost always.
    May 9, 2012. 09:58 AM | Likes Like |Link to Comment
  • How Much Is Research In Motion Really Worth?  [View article]
    Marcap certainly has a lot of likes for being the "lone" dissenter...

    Btw, to the RIMM bulls: bearish information is quite useful to longs...they are your check against over optimistic thoughts that build when bulls gather...they also are your "canaries in the coal mine" because they will help you look and seek out dangers and problems that may otherwise go overlooked. I know it isn't pleasant to hear, but very useful...if you are a seeker of information...

    Also, I do notice something rather RIMM bears calling the bulls names like blind, lemmings, cult followers...kinda nice...very different treatment than the AAPL bulls get...
    May 9, 2012. 04:46 AM | 3 Likes Like |Link to Comment
  • Apple: Next Leg Up Sooner Than Later?  [View article]
    Sorry to be a downer, but I'm not impressed. It looks like an iPhone 4SS to me...a little thinner...a little taller. Actually I expected a much bigger change for them to call this a 5. Samsung has put out new fresh looks, Apple can't afford to fall behind the curve in design...they are expected to lead. If that is the phone, then I will wonder what Ive has been doing with his time. I hope that this is disinformation, leaked by Apple, and that we will see something quite different when the actual announcements come out...
    May 9, 2012. 03:42 AM | Likes Like |Link to Comment
  • What To Do On A Day Like This  [View article]
    Unfortunately, the money that is created out of thin air actually does come from somewhere...every dollar we have in our bank accounts, every dollar we make every two weeks from our employers, every dollar a business charges it's customers, becomes diluted by the process. This is why when they do QE it encourages people to put more into the market, because any money not put into the markets becomes continually eroded. Although many Fed actions were necessary when we were in crisis and on the brink, much that has transpired since makes me feel like they are taking money right out of my pocket and heavily taxing my paycheck on top of the normal taxes I pay.
    May 9, 2012. 03:17 AM | 1 Like Like |Link to Comment
  • Memo To Tim Cook: Do Not Split Apple Stock  [View article]
    If you did all nine splits to AAPL...I still wouldn't expect more than a few months of doldrums...then...SEE YA!!!
    May 9, 2012. 01:26 AM | Likes Like |Link to Comment
  • What To Do On A Day Like This  [View article]
    Unfortunately, I believe that your comments are an important caveat to the earlier remarks. Individuals will have to take on more risk and learn to be much more market many on SA
    May 8, 2012. 10:37 PM | 1 Like Like |Link to Comment
  • What To Do On A Day Like This  [View article]
    "the worst consequence of not paying - not being able to get more debt, is the same as paying"

    --Paulo, isn't there log-term economic consequences regarding credit, but also to the businesses within the country? When an individual defaults, it stays on the record and affects credit for a fixed number of years and it impacts one's reputation (job applications); when a country defaults there may be a long memory, and a more severe effect on the confidence businesses have in that government. I am actually asking, because I don't recall whole countries defaulting as it is uncommon.
    May 8, 2012. 10:34 PM | Likes Like |Link to Comment
  • BB10 To Ensure Continued Blackberry Dominance In Many Markets  [View article]
    I agree, dogworth!
    If efficient markets were a reality, many of us investors would have quit trading and investing. Profits come from recognizing the inefficiencies and exploiting them. Buffett's value approach is based on this too!
    May 8, 2012. 07:46 PM | 2 Likes Like |Link to Comment
  • BB10 To Ensure Continued Blackberry Dominance In Many Markets  [View article]
    The use of "underdeveloped" seems euphemistic enough, and is hardly a new creation. Regardless, if I chose to use an actual new term, so what? I think that the objection here are actually due to the fact that Thompr's opinion on RIM contrast with those objecting to his terminology...
    May 8, 2012. 07:41 PM | Likes Like |Link to Comment
  • BB10 To Ensure Continued Blackberry Dominance In Many Markets  [View article]
    Exactly Thompr,
    RIM's one hope is to become a much smaller niche player, a highly specialized manufacturer and services company, one that is much less expensive to run and less appealing to the two gorillas, Apple and Samsung. It seems that this is not RIM's plan, however, and they seem to be banking all on this BB10, just like their supporters. Should this not be a hit, and I am skeptical about it, there will likely be a mass exodus...

    If no one wants the space then a small company can take advantage of that, but battling the monsters head-on is insane...even Microsoft with all of its huge resources will have a difficult uphill battle.
    May 8, 2012. 07:24 PM | 3 Likes Like |Link to Comment