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gmmpa

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  • I'm Not Even Thinking About Catching The Falling Knife That Is Transocean [View article]
    Doug, You read this and responded before me. My sentiments exactly I doubled my position in RIG last week. If it goes down more in January 2015 I will do it again and do maintenance on the truck I plan to use to carry away the gains.
    Jan 2, 2015. 03:18 AM | 7 Likes Like |Link to Comment
  • Update: The Chilean Supreme Court Rules Against Barrick On Pascua Lama [View article]
    This news is the cost of doing business in mining. Barrick's cost of production is among the lowest in the industry now. It has some of the best mining assets in the world in an out of favor industry sector. I wish I felt the same about its management team. I believe continued poor performance for stockholders will force changes in the management team. So will the price of gold when the economies of the world improve and inflation begins to put pressure on their monetary systems.
    Jan 2, 2015. 02:24 AM | 1 Like Like |Link to Comment
  • Apple Should Post An Astounding Q1, But It Might Be A Hard Act To Follow [View article]
    Investir ne est pas un jeu étrange. Ce est vous qui est le jeu étrange. Changements de l'électronique de consommation très rapidement. Mon conseil pour vous est d'acheter le stock, si vous aimez pas Apple et ses produits. Dans un an il n'y aura pas de différence entre les produits Apple et Android.

    Bonne Année!
    Jan 2, 2015. 01:37 AM | Likes Like |Link to Comment
  • 2015 Outlook: Pain [View article]
    Thanks for the candid opinion. Good article. It reinforces what I see in the charts. We are due for a major correction in the market because Technical analysis is signaling we have never been this far away from the moving averages without one. Many of the comments here think this is baloney, but the historical patterns don't lie. One may argue that it is caused by Obamacare, Fed policies, rosy government statical reporting, geopolitical events in the world or any number of things that may come to mind. I just don't believe the optimistic news reporting coming out of the Obama administration. The Obama news media has propped up the failed Obama policies both politically and economically for far too long to make creditable decisions with my money. I just do not trust the their numbers. I trust technical analysis over news reports. I do concede that optimism is running very high but the charts are showing signs a correction of a few thousand points on the DOW is long over due.

    The real question is how should investors position their portfolios if they believe this is true? If you don't believe it is true it is a no-brainer. Stay 100% invested and keep doing what you have been doing. For the rest of us we must decide to take profits and raise cash for the coming stock sale in the market or go into very safe or under valued stocks that did not participate in the last three or four years of happy days. That is why we are reading this article. We do it to see what the smart money is thinking and doing for 2015-16 if you can believe what they say and not what they do.

    Happy New Year to All in 2015! Live well and prosper!
    Dec 31, 2014. 11:53 AM | 3 Likes Like |Link to Comment
  • Apple Should Post An Astounding Q1, But It Might Be A Hard Act To Follow [View article]
    @Michael

    I believe your analysis of a pending demand for the smaller footprint for the next generation iPhone is correct. My daughter is a power user of smartphones. She has used mobile phones since she was 16 years old when they were still analog. She is now 30 and is a lover of Apples products like so many that have comments on your past Apple analysis. Recently she was due for an upgrade cycle but did not like the iphone 6. It is too large for single hand use for her. She took her husbands smaller older phone and he upgraded to the iphone 6 plus. She said if Apple in the future does not offer a smaller footprint in this next upgrade cycle she will be forced to switch to android even though she loves Apple's IOS.

    I myself own no Apple products and recently upgraded my older android smartphone to the newer Motorola high end android in a smarter footprint. It has great performance and features. It was just released in November 2014. Its performs as good as anything out there to date. I believe that these next generation smartphones have finally reached the performance levels to truly be useful to those that do more than phone calls and texting.

    I believe this because all the major wireless service providers are trying to resist the data plans to a maximum of 10 GBs and away from unlimited data usage. The newer smartphones are so good that their use will start to stress the wireless network capacity when everyone starts to upgrade. The good news that this next upgrade cycle should see a huge spike in sales of both Apple and Android devices. The mobile apps are also getting more sophisticated promoting heavier data usage. 2015 will be huge for the TELCOs and mobile phone manufacturers.

    http://bit.ly/1zNov7l

    http://bit.ly/1zNoxMk
    Dec 29, 2014. 09:51 PM | 3 Likes Like |Link to Comment
  • China blocks access to Gmail [View news story]
    It is sad news that the China's government is taking this action toward the Internet in general. This behavior is the beginning of the end for cyber freedom worldwide. Perhaps it is time to take similar actions against server IP addresses located in China. At the very least it should be throttled back to DSL speeds in protest. Freedom of information must be free in both directions or not at all. Doing business with Chinese companies is like contracting with the Devil.
    Dec 29, 2014. 07:53 AM | 2 Likes Like |Link to Comment
  • How Long Does A 'Typical' Oil Downcycle Last? [View article]
    Thanks... Very good article. The geopolitical and economic consequences of cheap oil even for a year will have major impact on the industrialize countries of the world. It will affect the business plans and budgets of most every major industry sector in America. Let's hope it will be all positive. Cheap oil does not help those countries whose economies need it to be high. Most of these are unfriendly toward America. This is an invitation to create a world crisis to get oil back up.

    I believe America should max out its strategic oil reserves with cheap oil and keep on drilling on private lands to insure against future geopolitical instability. They should not depend on this administration's energy policies to protect the best interests of America. By their own admission their political agenda needs high energy prices.

    For those of us that trade this market... We should "not let a good crisis go to waste".
    Dec 28, 2014. 01:34 PM | Likes Like |Link to Comment
  • Politics Holding Google Growth Down [View article]
    Google, Apple, Microsoft, IBM and AT&T are core companies that have had a major influence on how the world Works, Plays and Communicates since the 60s. All have pushed governments to the edge whenever they approach over 60% of markets share in what they produce. They are alike in their impact on the countries of the world. They created a paradigm shift in behavior.

    I have owned IBM starting in the 60s and Microsoft and AT&T and (its babies) off and on starting in the 80s . I'm currently long both Google and Apple since the late 90s. All were no brainers for those that were paying attention.

    The premise of your article is what is Google going to do next to say relevant to stockholders. My premise is lets wait and see and watch for the next big thing. There is always one or two that come along every decade. My attention now is toward BioTech and regenerative medicine in this decade. I believe Google is also throwing some of their free cash in that direction. It seems to me that Google's principals are behaving like VC with their free cash. The stockholders can only go along for the ride or get out.
    Dec 27, 2014. 01:40 AM | Likes Like |Link to Comment
  • Politics Holding Google Growth Down [View article]
    Politics is a poor choice of words for what ails Google’s growth, but I do get the author’s meaning. It is without question that Google’s primary charter started out as search. They were not first in search technology but theirs was the most instrumental one that transformed the way people used the Internet. It has fundamentally transformed the Internet from a growing network of loosely connected servers to what has become an unbelievable worldwide source of human information and knowledge. This growth of the Internet that Google started changed the ways civilized people of the world work, play and communicate. Therein lays the problem. Governments cannot cope with this type of rapid change. It threatens the very laws they established to govern and control the ways their populations work, play and communicate. It is politics that has forced Google direction and business strategy and not the other way around.

    Do not misunderstand me. I am not defending Google’s strategy. This behavior has happens often throughout model history with the discovery and growth of oil, growth of railroads, the steel industry in the 19th century. In more recent times it happened in the 60s to IBM, 70s major oil companies, 80s with Microsoft, AT&T, again in the 90s with Microsoft a second time. Companies that shift the paradigm of the growth of civilization are forced to lobby governments to survive and grow.

    There is another explanation for Google’s behavior. Google is really a private company controlled by a small group of young billionaires that do not really care about shareholder value or what the stockholders think. They are too busy trying to change the world to care what we think as long as they growth the company 20% per year. There is still 4 billion people in the world that do not have an Internet log on if governments will only get out of the way.
    Dec 26, 2014. 02:32 AM | 2 Likes Like |Link to Comment
  • How Long Does A 'Typical' Oil Downcycle Last? [View article]
    The world market price of oil has been manipulated for many reasons since 1972 by geopolitical instability, OPEC cartels, and stupid energy policies in America and Europe. The price of oil on the world market is still being manipulated today. Nothing written about this commodity will surprise me. As long as this situation exists the price of crude will continue to wildly fluctuate. Anyone that believes the $60 / barrel oil is permanent or normal is smoking another commodity currently readily in the state Colorado.

    Long oil and oil service companies and will continue to trade on the movements of oil.
    Dec 21, 2014. 09:08 AM | 3 Likes Like |Link to Comment
  • Barrick Gold's Equinox Acquisition Is Officially A Bust [View article]
    Didn't Barrick eliminate their M&A team recently. I could be wrong but I seem to remember that somewhere in my reading. It makes me would who is running the car. It seems to be one bad decision after another. Maybe it's time for Barrick to sell themselves to Newmont and let someone else drive the company's assets for awhile?
    Dec 20, 2014. 12:56 PM | 3 Likes Like |Link to Comment
  • Google shutting down Russian office [View news story]
    http://bit.ly/13ADiVH
    Dec 17, 2014. 11:11 PM | Likes Like |Link to Comment
  • How Long Does A 'Typical' Oil Downcycle Last? [View article]
    I read pretty much every article on gold and silver physical and paper market price behavior in SA as well as many other sources. What is becoming clear to me is that no one has a clue how to definitively forecast the price movement of silver and gold consistently. They all try to support their positions with pretty charts and graphs with history trends lines based on reported data. All of these articles are interesting but in the end is just so much BS.

    Why do I say this and feel this way? Because when it comes to Gold and maybe to a lesser extent Silver these commodities have limited real uses to man. Governments and the private sector accumulate it thinking that the commodity has an intrinsic human value because of limited worldwide supply and it is pretty metal. Besides no one really has any faith in the security of paper money and bank accounts... right. Like all commodities gold and silver have a supply and demand. The only problem is that I believe no one truly knows how much of it exists, who is holding it, who is buying it and who is selling it. Because it really has no real purpose. Demand and supply at any given point is time is prone to manipulation by governments and traders leaving us so called investors guessing on the direction.

    I am currently long SLV and Gold miners. Physical ownership of silver and gold is too much work for me. Actually I am beginning to think holding silver and gold assets in any form is more trouble than it is worth. At least other commodities are tied to economic and human consumption trends. Silver and Gold is tied to forecasts of unstable governments, dictators, nature and man made disasters in the world.

    All I can add to the discussion here is that both Gold and Silver are cheap relative to where they were 3 years ago. There is more upside than down in whatever form you choose to hold them. I am not a seller of either at these levels.
    Dec 15, 2014. 11:05 PM | 3 Likes Like |Link to Comment
  • Google shutting down Russian office [View news story]
    Lehman Brothers filed for Chapter 11 protection September 2008. I remember it well. That said what is your point with Bank of China? You think it is going to follow Lehman? I hardly think so. Unlike the idiots in Washington, Peking will never let it happen. They may execute the bank management for bad behavior but the bank will continue.
    Dec 12, 2014. 05:55 PM | 3 Likes Like |Link to Comment
  • Google shutting down Russian office [View news story]
    I am long Google. When presented with a choice of higher EBITDA for Google by accepting government intrusion into a free and uncensored Internet or lower performance for Google because they choose not to comply, I chose freedom of the internet and lower earnings performance every time. Once a government gets involved in any part of the private sector in the end it always costs everyone MORE.
    Dec 12, 2014. 02:59 PM | 1 Like Like |Link to Comment
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