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pmiller100

pmiller100
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AAPL, BAC, BTU, C, CHD, DD, DIA, DVN, FB, FDO, FXY, GE, GLD, GLDI, GM, HAL, HNZ, JPM, KGC, KMP, KO, LVS, MO, PAL, SH, SLV, SPY, T, TGT, UUP, WLT, WMT, XOM
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  • Report: Apple cuts Beats price to $3B, expected to announce this week [View news story]
    Another factor in my loss of confidence is the blind faith so many other investors place in AAPL. I haven't seen a company yet that deserves blind faith. AAPL had a great run and for all I know may be able to extend that great run for years. But not forever - that shouldn't be assumed by any shareholder. What I saw on u-tube seemed to me to be a business mistake.
    May 28 10:57 AM | 4 Likes Like |Link to Comment
  • Report: Apple cuts Beats price to $3B, expected to announce this week [View news story]
    In fact, I'm out. When a technology innovator now can't keep secrets and tries to talk business with guys like what I saw blathering every cuss word they know on u-tube, well, not the same AAPL anymore. Actually, it's more similar to the original AAPL that almost went out of business than the follow-on AAPL that built up such a stellar balance sheet. But either way I'm not all that far from my price target and I've lost a lot of comfort with this company now.
    May 28 10:44 AM | 8 Likes Like |Link to Comment
  • Report: Apple cuts Beats price to $3B, expected to announce this week [View news story]
    This whole thing is starting to sound amateurish. How does a 'deal' get leaked before the prospective buyer even begins due diligence to figure out what they might be willing to pay for the prospective purchase?

    Bizarre, and rather uncharacteristic of AAPL.
    May 28 10:31 AM | 2 Likes Like |Link to Comment
  • New recalls and charges at General Motors [View news story]
    Mostly irrelevant, at least that's my guess. The brand's strength is being cheaper than comparative Toyotas on economy end and offering a lot of bells and whistles that have nothing to do with car quality on the luxury models. Consumers have consistently shown in the past they will buy these cars. You could go back and forth all day about whether any buyers will avoid GM or conversely be attracted to GM (the idea that at least they now are fixing their problems), but I think in the end the recalls won't affect a significant proportion of prospective buyers. Like I said - that's my guess, which obviously could be wrong.
    May 20 01:09 PM | 3 Likes Like |Link to Comment
  • Wal-Mart And Target Both Win Right Now [View article]
    Ah, good point, Gary. So let's see. On the one hand, we have Buffett upping his position in WMT. On the other hand, we have you calling it a loser. Hmmm, not sure how to balance those opinions out.
    May 20 10:15 AM | Likes Like |Link to Comment
  • Wal-Mart And Target Both Win Right Now [View article]
    Yeah, all this negativity is catching my contrarian interest.
    May 20 08:08 AM | Likes Like |Link to Comment
  • Is Family Dollar Stores A Buy For Dividend Investors Today? [View article]
    Every investment carries some risk. Among the risks for FDO is there won't be any low income families who need to buy stuff. Long here as well.

    Look, I get the WMT concern, but they really are different models. It would be like someone saying that 7-11 will never catch on because people can buy the same things for less at Giant (except FDO combines convenience with lower prices at the cost of quality). WMT is more for weekend shopping trips while FDO is for popping in to find something quick. At least that's how the dynamic the two stores seem to have in my area. With FDO, that model intuitively sounds questionable - a lot of brick and mortar for a convenience store - but then I look at that track record of dividend increases and just remind myself there must be more prospective FDO shoppers than I can see on a daily basis.
    May 20 08:03 AM | 1 Like Like |Link to Comment
  • Is Apple Ready To SLAM The World? [View article]
    Why? Seems like a lot of effort, but for what gain?
    May 15 02:20 PM | 1 Like Like |Link to Comment
  • Daily State Of The Markets: Time For A Portfolio Pep Talk [View article]
    "In short, the stuff that wasn't working is now working."


    Contrarians everywhere are shocked, shocked to learn there is gambling going on at Rick's. Now hand us our winnings, please.
    May 15 08:57 AM | Likes Like |Link to Comment
  • Market Bulls May Want To Pay Attention To Historical Charts [View article]
    "It appears the markets are ripe for the next major market corrections when looking at the period between 2000 and present."

    Because two data points have so much statistical importance?

    I do agree there are numerous indicators this current bull is getting old, but that chart probably isn't in the top 10.
    May 15 08:50 AM | Likes Like |Link to Comment
  • Kinder Morgan: If A Billionaire CEO Buys More Stock, Should You? [View article]
    KMR gets no love, except from me when new shares arrive tomorrow.
    May 14 11:14 AM | 8 Likes Like |Link to Comment
  • Apple Buying Beats - Method Behind The Madness [View article]
    "...what do you waste your money on..???"

    Questionable picks by Seeking Alpha authors.
    May 14 08:26 AM | 1 Like Like |Link to Comment
  • Apple Buying Beats - Method Behind The Madness [View article]
    My problem with a lot of these extravagant potential future purchases is that traders have to make smart guesses about where dumb people will want to waste their money. $200 bucks a pop and people still want to have multiple pairs for purposes of color coordinating?

    P.T. Barnum was right (okay, I know he didn't really say the quote about suckers, but I'm assuming no one here knows who did).
    May 13 03:35 PM | 1 Like Like |Link to Comment
  • DuPont Dividend Announcement Should Have The Challenge Flag Thrown At It [View article]
    Agree with choiminshik on both points. And not sure at all what a challenge flag (is that an American football reference?) would have to do with a company's dividend announcement.
    May 12 12:00 PM | 1 Like Like |Link to Comment
  • 2 Attractive Small Caps With Insider Buying [View article]
    Thanks Bret, just took a look at JMP. I like almost everything about this little company. Good find, as far as I can tell.
    May 8 01:27 PM | Likes Like |Link to Comment
COMMENTS STATS
353 Comments
711 Likes