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Owen

Owen
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  • Walter Energy: The Analysis And Probability Of A Bankruptcy [View article]
    "Their financial problems doesn't mean you can't make money in the stock"

    In the short term, there's no telling what a stock price does. In the long term, once the company undergoes Chapter 11, the stock will be worthless.
    Jul 8 11:14 AM | 2 Likes Like |Link to Comment
  • Angie's List: Portrait Of A Catastrophe [View article]
    @8866171, that's a useful number, but I don't see it mentioned anywhere in the article.

    I'm not trying to promote the stock. If anything, I'd be on the short side. But I expect a SeekingAlpha article to have some substance to it.
    Jul 8 09:31 AM | 12 Likes Like |Link to Comment
  • Angie's List: Portrait Of A Catastrophe [View article]
    I hear passion and rancor, but not much in the way of fundamental analysis.

    As an analyst, you don't have to be neutral, but in this article, your emotions outshine any factual analysis. Where is the cashflow analysis? Fair market value estimation?

    Yes, we get it; you hate their commercials. So what? How will those affect the company's profitability?

    I was hoping for some numbers that would help the reader assess ANGI's future prospects. Instead, all I got is a rant.
    Jul 8 09:16 AM | 14 Likes Like |Link to Comment
  • Berkshire Value Screen, Only 1 Survivor [View article]
    "I'm not sure anyone knows what Warren Buffett is going to do besides Warren Buffett." - I don't think you can make such a generalization.

    I bought BNSF shares several months before Buffett bought it, and had IBM in my portfolio at half the cost Buffett paid for his shares. I also sold my Kraft shares before he sold his, and made my prediction public right here on SA: http://seekingalpha.co...

    It's not that I have any special foretelling powers. It's just that I have a good understanding of Ben Graham's principles, and have been following Buffett long enough to know how he applies those principles.

    My goal is not to front-run Buffett. My goal is to benefit from market mispricing. However, since both Buffett and I seem to apply the same methodology, the two of us often end up on the same side of an investment.

    If Ben Graham has taught us anything, it's that value investing is a science, not an art. Do your research properly, and you'll be as successful as Warren Buffett, often following the exact same path to riches. Of course, if you ignore the principles of value investing, Buffett's moves may very well seem like a "wildcard", as is often the case with science viewed by a neophyte.
    Jul 6 10:56 AM | Likes Like |Link to Comment
  • Berkshire Value Screen, Only 1 Survivor [View article]
    "What happened to the Buy Low and Sell High idea that most successful investors quote ?"

    Can you name one successful investor who quotes that?
    Jul 4 08:17 PM | Likes Like |Link to Comment
  • Berkshire Value Screen, Only 1 Survivor [View article]
    I think you may be misconstruing Buffett's comment about "the mother lode of opportunity". All he was saying was that the vast majority of investing opportunities he finds are in America, not that he'd turn down such an opportunity if it were outside America. We've seen in the past that he doesn't shy away from overseas investments, when one that meets his criteria happens to show up.

    Otherwise, another solid analysis, Brad. Good work!
    Jul 3 02:48 PM | 1 Like Like |Link to Comment
  • AutoCanada: CEO Sells Millions [View article]
    And here we go. Yay, growth!
    Jul 3 12:03 PM | Likes Like |Link to Comment
  • Update: NQ Mobile's Audit In Major Jeopardy [View article]
    Mosbear64, this is an analysis piece, not a reportage. An analyst's job is not to present a neutral report, but to analyze the data and offer actionable recommendations.

    If you'd rather ignore any analysis and go solely by the company's official press releases, you are welcome to do so. However, I think you'd have to be pretty gullible to read the recent press releases in anything close to a favourable light.
    Jul 3 09:13 AM | 3 Likes Like |Link to Comment
  • Update: NQ Mobile's Audit In Major Jeopardy [View article]
    Interactive Brokers shows 160,000 shares available to borrow for shorting, at a borrowing fee of only 2.5%/yr. Your broker isn't trying very hard.
    Jul 3 08:50 AM | 4 Likes Like |Link to Comment
  • Retrophin Closes $91 Million Financing [View article]
    I'm sure Mr. Shkreli will find a way to give a positive spin even to this usurious loan.
    Jul 2 07:58 AM | Likes Like |Link to Comment
  • AutoCanada: CEO Sells Millions [View article]
    And where are all the fans with the usual, "But the growth! Growth!"

    I guess an increase in the number of outstanding shares is also a form of growth, so to speak.
    Jun 30 10:23 AM | Likes Like |Link to Comment
  • Potential Acquisition Targets For Berkshire Hathaway [View article]
    CStar, legally, that is correct. However, Buffett likes to avoid even the appearance of wrongdoing.
    Jun 28 02:28 PM | 1 Like Like |Link to Comment
  • Home Depot Is An Unwise Investment At These Prices [View article]
    "I am short HD $50 and $45 puts."

    You are short the puts? So your only position on this stock is that you do not believe it will drop below $45-50? That doesn't quite reflect the bearish stance from your article, even if it doesn't directly contradict it.
    Jun 25 03:27 PM | 1 Like Like |Link to Comment
  • Potential Acquisition Targets For Berkshire Hathaway [View article]
    "I thought the last guess of BRK buying Heinz was nuts and boy was I wrong!"

    I don't think you were entirely wrong. Buffett would have never bought Heinz if it weren't for that juicy 9% warrants/preferreds. With that 9% dividend stream, the ROI for _Berkshire_ is much better than Heinz's ROI, which is not the case when you just buy the common.
    Jun 25 02:42 PM | Likes Like |Link to Comment
  • Potential Acquisition Targets For Berkshire Hathaway [View article]
    "Order of likely acquisition I believe: DE, ITW,BDX,RTN,VFC,BRCM"

    I'd agree with that order, although I think the last three in this list are a very long shot indeed.
    Jun 25 09:32 AM | Likes Like |Link to Comment
COMMENTS STATS
609 Comments
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