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gmmpa

gmmpa
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  • Barrick Gold Corporation - Further Downside Ahead? [View article]
    Interesting correlations data on ABX. What is not clear to me is who the target audience is for this information? Also what is the author's timeline for short term. Is it 50 days, 200 days, 6 months, or maybe 3 quarters to year end? Looking back is easy but history does not always repeat itself in the short term.

    Long ABX as a hedge and not a trader. Just sitting on the position and watching the geopolitical confusion in the world and waiting for clarity if there is such an expectation in current events.
    Mar 10, 2015. 08:53 AM | 3 Likes Like |Link to Comment
  • Vale SA Continues To Face Strong Headwinds [View article]
    Why not write about those companies in those sectors? There isn't many no-brainers left in this market at these levels . Maybe AAPL, BA, UTX, NFLX, AMZN or UNH if you bought them last year. Now we know what you don't like. However, what are you optimistic about here at DOW 18000 or NASDAQ 5000 especially when the market corrects?
    Mar 7, 2015. 02:08 PM | 2 Likes Like |Link to Comment
  • Vale SA Continues To Face Strong Headwinds [View article]
    I am impressed with your ability to definitively use 5 to 10 year time frames for stock picking and investing. More specifically commenting on VALE which is not a micro-cap mining company looking for startup capex. Perhaps you can also enlighten us on your opinions for GDP growth by the end of 2017 or the Presidential election in 2016. How about the 10 year bond rate just 6 months from now. Bottom line is you can only guess like most of us.

    I would never use a 10 year time frame in this geopolitical world. WW III could happen in 10 years. Hyper inflation from Federal Reserve Bank monetary policies in 5. M&A activity anytime.

    GOD forbid maybe even good economic growth by more free market capitalism in business that has not happened much in the last ten years under the present socialist marxist governments worldwide.
    Mar 7, 2015. 08:20 AM | Likes Like |Link to Comment
  • Vale SA Continues To Face Strong Headwinds [View article]
    @Winning Strategies... Where exactly would you go to get a sure future double in your investment and get 5.6% to wait for that to happen? VALE's price/book is .68. It is one of the biggest iron ore mining in the world. 10 Institutional investors and 10 mutual funds reported owning VALE in their portfolios.

    I just added to my position today buying VALE at its 52 week low and made 2% on the buy at the close on a day the DOW closed down 278 points. Where are you putting your free cash earning T bill rates? Isn't the goal to buy low and sell higher? You should be writing this article when VALE was trading at its 52 week high 15.59 not here at 6.23.
    Mar 6, 2015. 07:43 PM | 10 Likes Like |Link to Comment
  • Geron gets boost from AbbVie-Pharmacyclics deal [View news story]
    Is an acquisition by JNJ the best path for GERN shareholder value?
    Mar 5, 2015. 12:53 PM | Likes Like |Link to Comment
  • Apple's Dirty Little Rare Earth Secret [View article]
    Wow... I am suffering with comment overflow.

    This is a fairly good article on the value of REEs in the tech industries but it should not and will not effect Apple stock in any way. Neither will Chinese export policy of REEs effect Apple. Perhaps you are aware that the commodity market for REEs has crashed off its 2011 highs. Stock prices of Molycorp and REE companies like AVL have crashed and burned. Mark Smith has moved on to development of NIOBF the only source for this commodity in the USA. The other biggest source for the element in the world is a family owned privately held company in Brazil.

    The REE miners outside of China would love China to restrict supply so that their projects would again gain to favor with investors. Apple could care less. China's GDP is stumping if you can believe the news coming out of China. They have a vested interest in the continued success of Apple products REEs included.

    Currently long AAPL and NIOBF no other positions in any REE miners or mining projects.
    Feb 20, 2015. 11:38 AM | 1 Like Like |Link to Comment
  • CEO Thornton says Barrick Gold to sharpen focus on gold, improved returns [View news story]
    Am I missing something here?

    When central banks introduce an inordinate amount of new money into the money supply doesn't that result in an inflation risk causing the price of gold and "good" gold mining and other commodity stocks and EFTs to rise?

    Also what central bank "directly" buying stocks? Granted excess dollars and lower interest rates cause money to flow into the bond and stock markets but where is the beef or chopped liver here?

    Don't misinterpret my comment. I am not a happy camper with Barrick management or the actions of central banks.

    I believe that Barrick management needs to get back to fundamentals of commodity mining with an eye on shareholder value and try to restore the dividend yield back to an acceptable level as quickly as possible to move the stock price higher. That is how I interrupt the DNA comment.

    If Barrick management cannot attract new investment capital in this low interest rate environment without diluting the stock further then they should sell themselves off to someone that can and get out of the business.
    Feb 20, 2015. 10:53 AM | Likes Like |Link to Comment
  • WSJ: Apple car project is for real, and it's a minivan [View news story]
    EV technology needs more than Elon Musk or Tim Cook can currently deliver today. What is needed for electrical vehicle technology is a break through in battery power technology or some other non-fossil fuel electrical source of power generation with a greater driving range using an SUV sized vehicle. Something closer to a 1000 miles per charge driving range. All this should be delivered at a cost under $200,000 to get the attention of high end consumer's.

    I don't think anyone would care whose logo was on the hood.
    Feb 20, 2015. 08:37 AM | 1 Like Like |Link to Comment
  • U.S., Russia, Saudi Arabia: Who Is Going To Win In The Oil Price Stand-Off? [View article]
    Apologies... My frustration with current geopolitical news and this administration's policies are making me a tad edgy. I know I need to stop taking it so seriously though it makes gaming the market harder when I do.
    Feb 19, 2015. 02:29 PM | Likes Like |Link to Comment
  • Brazil blackout sparks power rationing fears [View news story]
    Thank you so much " Stoner dude". How exciting. Now I'LL be sure to tell my five year old grandson to watch Sesamy street as the go to place for the unabridged socialist dictionary of terms. Then I will be sure to twitter FOX business news the list of Stoner dude's definitions so us republicans can get up to speed with your witty comments here on SA.
    Feb 18, 2015. 09:08 PM | Likes Like |Link to Comment
  • Transocean CEO steps down [View news story]
    Is this like replacing the couch of a loosing football team? Where is the problem? Will this make things better in an environment of low oil prices and investment? Or are we now in rebuilding mode?
    Feb 16, 2015. 02:50 AM | 2 Likes Like |Link to Comment
  • WSJ: Apple car project is for real, and it's a minivan [View news story]
    I am long Google, Apple and I have loved and owned many cars since before I was old enough to drive. I have driven almost every form of new car technology invented to date including the Tesla. That said my opinion of where Apple is going in autonomous car technology is that they should at least include it as part of their R&D budget just like Microsoft, Google and Mercedes is doing today. I suspect that most all other car companies are also quietly doing this.

    I believe cars serve as the penultimate form of consumer product right up there with shoes and TVs though some here may argue that iphones rank higher. I believe you can often tell a lot about a person from what he or she chooses to drive or how they choose to get around.

    I believe this is a no-brainier and the cost of doing business. Almost every company that sells consumer electronics must include automotive technology trends into their R&D. Where they take it in the future will depend ultimately on the personal needs and trends of the consumer and government mandate.
    Feb 14, 2015. 06:45 AM | 1 Like Like |Link to Comment
  • Higher Rates And Improved U.S. Labor Market Hold Back SLV [View article]
    What you say sounds logical, but I do not believe it works exactly like that. First thing that will happen is that most of the marginal workers will lose their jobs. Those workers that stay will get raises, but will have to work much harder to pick up the labor short fall or be fired because there are unemployed people waiting in line to take their jobs if they don't perform these expanded job duties. Employers and industrial engineers will have a strong incentive to automate the simpler job functions eliminating even more of the minimum wage jobs that remain. Over time this creates higher permanent unemployment in the unskilled work force. Unable to gain any entry level skills necessary to enter the work force there will be a greater disparity between the unskilled, uneducated, unmotivated workers and those currently employed. That is how free markets work.

    Eventually other time when there are more unemployed workers then those working political power will shift to people voting for big government to help the poor and unemployed until the whole system collapses when those that a working cannot support those that are not. This happens slowly over generations and free market capitalism nature of man disappears and you get what we currently have now... 93 million unemployed and growing out a population of 330 million until it becomes unsustainable. You will realize this when you see the middle class disappear with greater disparity between rich and poor worldwide and more dictatorships, bigger autocratic central governments will begin to emerge through popular demand from the voters.

    This continues until people realize what is happening and they start to vote for economic reforms to help economic growth or start revolts internally or war between nations followed by economics reconstruction from the ashes. History will repeat itself because it is hidden by stupid progressives that believe they are smarter with great ideas like minimum wage and other repressive mandates like Obamacare.
    Feb 11, 2015. 07:36 AM | 2 Likes Like |Link to Comment
  • Bloomberg: Google, Twitter strike deal to add tweets to results [View news story]
    Like everything else in investor information sources we must consider the credibility of the sources. Much of Twitter is worthless tripe or disinformation intended to serve someone's agenda. Google's search engine must filter out the noise from the substance to get value from this deal.
    Feb 10, 2015. 05:01 AM | Likes Like |Link to Comment
  • China's Imports Drop 20% Explaining PBoC Action; China Watchers Clueless [View article]
    China is a disaster waiting to happen. It is a communism central planning economy trying to selectively apply free market capitalism in a world that has adopted every other form of economic and government ideology accept capitalism. That includes America if it does not change its politics soon. China either lies about their economy information or withholds it all together hoping their people will not revolt. How can economists let alone foreign investors assess risk/return with any confidence. Why is Soberlook.com surprised?

    The only good information out of China is present commodity contractors and the current price of their cheap products. Add to this dilemma the secret monetary policies of the world's central banks and it all becomes as crystal clear as mud. We are all going to wake up one morning wishing for a due over on the financial crisis of September 2008 when things were still fixable.
    Feb 9, 2015. 09:44 PM | Likes Like |Link to Comment
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