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pmiller100

pmiller100
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  • The Coca-Cola Company declares $0.305 dividend [View news story]
    ...and then raise it again.
    Jul 16 09:06 AM | 1 Like Like |Link to Comment
  • Bailing Out Of Brazil - Part 2 [View article]
    At least you followed the scores. That's progress. I couldn't even guess who was in the last Super Bowl. Sounds like it's just a matter of time before soccer wins you over, Bret. But fair warning, once that happens other games just won't seem the same.
    Jul 7 10:13 AM | Likes Like |Link to Comment
  • Bailing Out Of Brazil - Part 2 [View article]
    Yes, great article, but... what's with all the shots at soccer? Any game can be ridiculed, even the four-hour commercial fest with an occasional burst of five seconds of action we call American football. But for whatever reason, a lot of people enjoy the commercial fest, so let them enjoy it. Same for soccer. The thing that amuses me is how some people seem to feel threatened by the growth of soccer here in the land of American football.
    Jul 7 09:35 AM | 2 Likes Like |Link to Comment
  • Apple May Be A Better Short For A While [View article]
    "I would rather have my money in AAPL than in a bank."

    I could say that about any of my holdings, because if I couldn't, I'd have that specific pile of money in a bank.
    Jun 26 08:10 AM | 1 Like Like |Link to Comment
  • Is Sentiment Flashing A Warning To Investors? [View instapost]
    Gold at $11,313? Glad I have some.
    Jun 23 10:47 AM | 1 Like Like |Link to Comment
  • Las Vegas Sands Should Continue To Rebound [View article]
    Come on, Abe, earn your paycheck and get those casinos in place for 2020.
    Jun 20 11:41 AM | 1 Like Like |Link to Comment
  • Icahn demands immediate sale of Family Dollar [View news story]
    Overly complacent? Should a company try to slowly grow by selling more goods/services than previous years or should a company forget all that boring stuff and just try to M&A its central leadership and biggest shareholders to quick riches?


    We know the Danny DeVito answer to that question, but I have to think New England Wire and Cable had a sound argument as well.
    Jun 20 08:38 AM | Likes Like |Link to Comment
  • Is There An Imminent Bear Market? Don't Ask [View article]
    My view is never be all in or all out.
    Jun 19 08:55 AM | 1 Like Like |Link to Comment
  • First Bancorp declares $0.08 dividend [View news story]
    Is this a mistake? FBP hasn't paid a dividend since June 2009, so the 'in line with previous' is certainly not correct.
    Jun 16 02:50 PM | Likes Like |Link to Comment
  • It Appears As Though Shares Of Bank Of America Will Be Taking A Hit On Monday [View article]
    Why did the government rush in to rescue the too-big-to-fails six years ago? Well, because they were too big to fail.

    So, now, the government will bury a couple of them right before the statute of limitations? That makes no sense. Why save something to kill it later, especially when the death of that something might also mean your death? A reasonable, rational body wouldn't do that.

    But given that we're talking about government and rationales, smart money is that is exactly what is happening.
    Jun 16 08:52 AM | 1 Like Like |Link to Comment
  • Weighing The Week Ahead: What Does The Iraq Conflict Mean For Markets? [View article]
    I agree, Rap, and while I do think the media tends to build up stories that otherwise wouldn't be so big (they need to generate excitement and viewership, even when current events don't cooperate), in this case I find myself in the unusual position of disagreeing with Jeff's point that Iraq might not be a big story at the moment.
    Jun 16 08:39 AM | Likes Like |Link to Comment
  • Utilities Are My Portfolio Rudder [View article]
    And the IRS is the pirate ship looking to take a cut on your booty, plus no over-stretched nautical analogy is complete without noting that Iranian anti-ship missiles are the Iranian anti-ship missiles.
    Jun 13 08:29 AM | 2 Likes Like |Link to Comment
  • Citigroup Is In Trouble Again [View article]
    You believe 'strongly' that C shares will top $70 in a couple years, but are considering selling now because you have more doubt the bank exercises sufficient control over international operations? Somewhere there seems to be a contradiction in those points. Doesn't it come down to risk/reward? As the risk grows (to levels significant enough to write an article), it seems the reward beliefs ought to be not so strong.

    Further, the article seems to argue against its headline. The headline is a bit shocking, but then the article points out the actual risk to the lender could relatively easily be absorbed. So the 'trouble' is more one of possible negative perception, that you yourself haven't fully accepted.

    One other point - "How can we trust earnings projections and even book value when we don't know that Citi knows how to make a collateralized loan?" My understanding is book value for all big banks has been suspect for a while, so while the specific issue discussed here may only apply to C, the more general point can be applied across the board. A projection isn't a promise, and companies exceed or fall short of their earnings projections all the time. So to answer your quoted question, we can't fully trust anyone's exact projections, but we can trust to varying degrees (each of us has to determine our own degree) that C won't exceed or miss by too much. We're not talking Radio Shack here (though a few years ago, granted, that potential view seemed more realistic).

    As you said, C looks like the cheapest big bank, so some upside seems pretty safe.
    Jun 12 08:22 AM | 1 Like Like |Link to Comment
  • Palladium, The Overlooked Precious Metal [View article]
    The fact that palladium has been trading sideways while the other precious metals have plummeted seems to contradict the notion that it's been overlooked.
    Jun 11 11:37 AM | Likes Like |Link to Comment
  • Is Citi now the victim of fraud in China? [View news story]
    qian - any opinion on why dishonest business practices seem to be so much more prevalent in China than some other places? It seems odd in a society that purportedly places such cultural importance on honor, though as an outsider I'm not sure the word has the same connotations there as elsewhere.
    Jun 11 11:32 AM | 1 Like Like |Link to Comment
COMMENTS STATS
353 Comments
711 Likes