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gmmpa

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  • Bipolar Prana: PBT2 For Alzheimer's Dementia, Implications Of The Upcoming IMAGINE Trial Results [View article]
    This security is definitely not for the faint at heart. Bought a ticket and am long PRAN. Life is short and full of risks but someone has to fund the research for all of us that are close to forgetting why we are doing this.
    Mar 1 08:03 AM | 16 Likes Like |Link to Comment
  • In victory for oil industry, EPA proposes lower renewable fuel quotas [View news story]
    We need to do away with ethanol all together. It was a bad idea when Bush signed it. It is bad for the environment. Bad for cars. It benefits no one but a bunch of crony farmers that should be spending their time and efforts growth food for people and livestock.

    There is an oil production boom in America. We don't need ethanol. While we are at it we should do away with the EPA and the Department of Energy. They cost tax payers too much and are doing more harm than good to the country's economy.
    Nov 15 07:07 PM | 11 Likes Like |Link to Comment
  • The big tech selloff that's occurred over the last few weeks has resulted in valuations for many large-cap names once more falling to historically low levels. Here are some trailing P/Es for prominent large-caps, none of which take into account net cash and investments: Intel (INTC): 10.6. Microsoft (MSFT): 10.3. Apple (AAPL): 13.7. Google (GOOG): 15. Cisco (CSCO): 9. IBM: 13.6. EMC: 14.7. Dell (DELL): 6. H-P (HPQ): 5.1. On the other hand, Facebook (FB) still has a trailing P/E of 64.5.  [View news story]
    Cash is king... and the companies that have it are royalty. They need to spend it wisely. The companies above should not increase their dividends. They should look for opportunities to acquire good assets that will strenghten their positions in the market place before the economy turns around which will happen as soon as America gets leadership in the executive branch and the Senate that knows what the hell they are doing. In the meantime I plan to keep a large cash position until the bottom falls out of the market which it is already showing signs it's doing.

    America is in deep trouble and in need of some REAL "Hope & Change" !
    Jun 1 10:06 PM | 9 Likes Like |Link to Comment
  • Ford (F) will tackle one of its biggest challenges this summer when it offers lump sum payout offers to 98K retired workers in an effort to reduce a staggering $49B pension liability. Though it's uncertain how many ex-employees will take the deals, the move could help improve Ford's credit rating even further into investment-grade territory. Shares -0.6% premarket. [View news story]
    Aristiphones you need a little work on the fundalments of accounting. I hope you didn't learn this in the Greek school of economics? I won't go into the details, but the trouble with the Automobile industry in America is the negative relationship with Unions, excessive government regulations, and the past poor company management that made long term concesses to labor unions for short term profit gains and bonuses. Now those decisions are a ball and chain to competitiveness of Ford, GM, and Chrysler. Mullaney at Ford understands this and is trying desperately to fix this for the survival of the current labor force, the investors and the company.

    Union Pension liability is killing the automobile industry. Cash and the ability to generate it is the only real asset that investors care about. Plants located in states that do not support the right to work are also liabilities more than assets even though even in Greek accounting they may be considered an asset.
    May 31 08:32 AM | 9 Likes Like |Link to Comment
  • Is It Time To Sell Out Of High-Yielding Transocean? [View article]
    As soon as the War on Oil goes away in this country off shore oil exploration will rebound. A stalled economy can run on solar energy and flashlight batteries. However, when the engine of the American economy starts up and begins to run on all cylinders it will need something more. It won't be windmills.

    Last time I looked we were told the world was running out of energy. Now private industry has figured out better ways to extract oil from new and existing sources without government interference. These new technologies will go viral and spread worldwide and Transocean will be there and so will I. Long RIG at these prices and waiting for the failed policies of socialism and the people that think it will succeed to go away.
    Feb 20 08:27 AM | 8 Likes Like |Link to Comment
  • WSJ: Barrick Gold investor wants director Anthony Munk out [View news story]
    Gee... Politics at ABX at a similar level at Washington DC. Who knew... Operations of both are completely dysfunctional. Perhaps both need the same remedy. Clear the swamp and start over. It may not be an altogether bad thing. Nepotism at any public organization is usually not a good thing. Perhaps it is time to give the shareholders what they want. How badly could the performance of ABX be with a new board and a fresh competent management team to drive a leaner / meaner company forward in a difficult commodity market?
    Jan 14 08:16 PM | 8 Likes Like |Link to Comment
  • Google (GOOG) discloses chairman Eric Schmidt plans to sell 3.2M Class A shares, or 42% of his stake in the company, over the course of 2013 through a Rule 10b5-1 trading plan. The sale will encompass nearly 1% of Google's outstanding shares, and 3.2% of their voting power. (8-K[View news story]
    Google is finally breaking out of the funk it has been in over the last several years. It is very disappointing to hear that Schmidt is cashing in such a large block of stock at this time. This is the same bull shit that caused me to dump all my Microsoft shares years ago. Microsoft had not traded over $31 share because whenever the market bids up the stock price Gates and Balmer and other senior management take turns cashing out options and grants. Why should these guys care about capital growth and investor interests when you can cash in 3 million shares at $785/share? Mike Dell cashed out $17 billion from DELL over the years and when DELL stock is in the tank he steps in and screws the retail investors by bidding with Microsoft to take his old company private for another round capitalization at investor's expensive. These guys are all greedy pigs!

    If Google's stock price is hurt by this move I will cash out my long position and move my investment to better opportunities. What is the use of investing in a growth company if the stock price stays is a perpetual trading range never increasing because the principles keep the price in a lower trading range by increasing the circulation in the outstanding shares?
    Feb 8 08:45 PM | 8 Likes Like |Link to Comment
  • Will Silver Change Direction? [View article]
    Gee! Who knew... When the government depreciates its currency, commodity prices go up as a "secondary" consequence of stupid monetary policies. But have no fear investors, this rally in silver will slow down in the near future because this is the only stupid policy that has come out of Washington since 2006.
    Feb 17 07:26 AM | 6 Likes Like |Link to Comment
  • Why Apple Inc.'s Earnings Were Better Than You Think [View article]
    So how much should an investor pay for a company that earnings $7.47 per share in earnings? That has $150 billion in cash... Is buying back shares... Is paying a $3 yield... A company those stock is down 40% in recent months from $700... That is ready to announce some new products this year...

    Why am I even reading this? This guy is just another techy that has not stated his investment position in Apple and does not like the company's technology. He should stick with computer programming and let the market and investors decide the future of Apple.

    I just started a position in Apple last week. I think there is more upside than down and is worth the wait to see what happens.
    Jul 24 08:32 AM | 6 Likes Like |Link to Comment
  • Mozilla Attempts To Dismember Android [View article]
    Excellent article. It is rare to get updated in a sector by reading just one article. This is as close as you can get.

    Thanks.
    Jul 6 08:50 AM | 6 Likes Like |Link to Comment
  • A Clue That Apple Is 'Cooking' Something Up [View article]
    Interesting theme behind this article. Hopefully you are correct. A little Steve Jobs showmanship and drama to hype Apple and its products to investors is definitely needed. That is what the investors and the analysts are waiting for. Only the game is not poker. It is survival for Cook. He needs to give the public some red meat not a sleeping pill. He needs to convince Carl Icahn Apple management is running the company efficiently. He needs to do it soon.

    Bought Apple as a trade and not as a core holding. I am considering taking profits and moving on if nothing changes this year. Still the disposition for the huge cash balance is worth the wait.
    Mar 2 02:50 AM | 5 Likes Like |Link to Comment
  • Barron's top picks for 2014 [View news story]
    Patent News...

    THANK YOU... THANK YOU...
    Signs of capitulation and a Barrons article buy call on ABX is exactly what ABX needs. Time to buy more. This stock is hated and folks are throwing in the towel.
    Dec 7 10:55 AM | 5 Likes Like |Link to Comment
  • Microsoft and Google to sue to release information on NSA surveillance involvement [View news story]
    As a stockholder of two of these great companies and consumer of all these Internet services I am driven by profit and the usefulness of this great electronic technology. I will give up BOTH of the ladder in a heartbeat if the cost is the loss of my individual liberty and freedom. In the end nothing else matters! The Obama administration's NSA needs to respect the US Constitution, the Will of the People, and the freedoms guaranteed in our founding documents.
    Aug 30 04:40 PM | 5 Likes Like |Link to Comment
  • Google's Battle With Samsung Will Reshape The Smart-Phone Market [View article]
    A few graduate courses in IT or a Computer Science degree and these GEEKs think they are smart enough to know what smart phones will survive the cut because only they are qualified to rule on the technology. IT Geeks and Waterloo Grads should stay out of Financial, Advertising, and Marketing and stick to their 1s & 0s.

    Was BetaMax better than VHS? Ask Sony. Is UNIX better than Microsoft OSs? Ask Apple, Sun Micro and Red Hat. Who has the best Laptops? Who has the better file servers. Who has the best digital cameras? The answer is the best technology does not always win market's share. It is the best marketing firm and the decisions of the management teams that drive financial growth and shareholder value not the GEEK squads locked in the basement playing with their subroutines saving 2 lines of code when the processor are approaching speed of light. You don't need a CS degree to know that. Who turned these guys loose? Are they making any money in this market?
    Mar 17 10:34 PM | 5 Likes Like |Link to Comment
  • More on Morgan Stanley/Intel: Analyst Joseph Moore thinks Intel's (INTC) earnings have peaked. Moore sees the recent increases in Intel's CPU ASPs (fueled by the sale of CPUs with built-in graphics) coming to an end, and predicts 15% server CPU growth and 3%-4% PC CPU growth will fail to offset annual cost increases of 10%-14%. As a result, he expects Intel's EPS to go from $2.53 in 2011 to $2.37 in 2014 (the 2014 consensus is $2.90).  [View news story]
    Last time I looked smart phones and tablets which are just starting to surface use CPUs and graphics processors. Intel will either make the chips and processors or use their huge cash position to buy the companies that make them. Why do the wizards of smart in financial always think so short term. Good companies with good management will remake their business plan to maintain growth. Intel has both going for it.
    May 30 09:11 PM | 5 Likes Like |Link to Comment
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