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mykie

mykie
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  • Apple: Fighting The Battle That Can't Be Won [View article]
    Thanks for the objective article, Bill. Though it doesn't (and wasn't supposed to) change my sentiment on this stock, it's still nice to be able to foresee potential negative news.

    Keep them coming,
    M
    Mar 11, 2015. 05:20 PM | 9 Likes Like |Link to Comment
  • Solazyme Closes The Year With An Arbitration Win For Its Intellectual Property [View article]
    I love it when a plan comes together
    M
    Mar 11, 2015. 01:23 PM | 1 Like Like |Link to Comment
  • Midday Gainers / Losers [View news story]
    They are due for a court won award from Roquette of unknown amount and March 9, an insider/Director bought 80,000 shares.
    M
    Mar 11, 2015. 01:22 PM | 6 Likes Like |Link to Comment
  • Gilead Sciences, Inc.: Still In The Lead Or Lagging Behind? An Algorithmic Perspective [View article]
    "I don't want GILD mgmt to make acquisitions using equity. I prefer cash acquisitions as they better ROI for current shareholders. It mgmt believes shares are undervalued and are buying back shares, why would they use cheap shares to make an acquisition?"

    Hi Tony,
    A two part answer:

    I'm not saying that's what they are doing. I don't really know, nor does anyone else. I'm just saying in the scheme of things, the decision to buy back stock, pay a dividend, make acquisitions with cash, debt or equity are all complicated decisions that I believe management of GILD has proven itself capable of making. They have shown to be very good capital allocators.

    So I wouldn't question a buyback stock decision, since it could have been for several reasons that I/we are not privy to. I was only trying to support it with "what ifs" that show my confidence in management.

    Second Part:
    To directly answer your question, when they make an acquisition in the future, I'm sure they'll look at the cost of all those instruments of purchase and make the right decision.

    If the stock has moved higher, like I'm sure they think it will, the decision of what asset to use for the purchase will be an easy one, especially if that stock they bought for $104 was now worth $208 (supposed market value at the time of an acquisition) to the targeted company. Wouldn't that be like using $0.50 to buy $1.00 worth of goods?

    The important issue is for them to have all the arrows in the quiver so that when the time comes to acquire the appropriate target, they'll have options on how to pay via the least costly method. That's what I meant when I said they may be buying back stock simply to fill up the inventory of available shares.

    Thanks for the comment and good luck investing,
    M
    Mar 11, 2015. 12:21 AM | 1 Like Like |Link to Comment
  • Gilead Sciences, Inc.: Still In The Lead Or Lagging Behind? An Algorithmic Perspective [View article]
    SFPDF,

    Well, we seem to have verified there are at least 2 varying points of view that make up a market.

    I won't disagree point by point but I do think the strategy they used was the best and the only way we can know who is right is by the path of the stock price over time. And I will counter one of your points: ESRX walked away to the benefit of their business but to the detriment of their customers since GILD has the best solution to this once lethal disease. With that loss I still expect GILD to grab 80% plus market share.

    I hope you don't let what you perceive as a pricing misstep stop you from owning some of this company as it's a terrific one.
    Respectfully and good investing,
    M
    Mar 10, 2015. 09:28 PM | 1 Like Like |Link to Comment
  • Gilead Sciences, Inc.: Still In The Lead Or Lagging Behind? An Algorithmic Perspective [View article]
    "but I'm less sure than the writers above about management, which seems to have shot itself (or more accurately, the company) in the foot with bad pricing decisions (starting out too high in the US and too low in the developing world)."

    SFPDF,

    Maybe you are right but as we used to say in the car business, "you can always come down", which makes the default initial pricing position as high as the market will bear.

    If they started at $80K, they would have had to begin negotiations with the various governments, (and compromise), at a lower final price. The way they did it allows for a win win; the politicians can say, "We argued with the greedy company and look how much we saved you!" and GILD gets a guaranty of volume. (Pricing strategy that yields more revenue, no matter the volume of units sold, is better outcome than high margin and less revenue especially with the high margin they started with.)

    Right or wrong, I would have used the same pricing strategy. Hindsight will determine if it was best or not.
    Just saying,
    M
    Mar 10, 2015. 08:07 PM | Likes Like |Link to Comment
  • Gilead Sciences, Inc.: Still In The Lead Or Lagging Behind? An Algorithmic Perspective [View article]
    Zubunda,
    I think GILD management, (which has terrific capital allocation skills as evidenced by their shrewd purchases and strong balance sheet), may need to buy back shares so they can increase their share inventory in order to use them for future acquisitions.

    If that's the case, assuming the acquisitions are in the future, they are probably expecting that $104 price will be cheaper than market.

    At any rate, if they need shares and if they believe $104 is a decent price to pay, I figure they know better than me. Just like us, they don't know what the future share price is going to be and if they need share inventory for a planned acquisition, as long as the price they pay is less than the cost of dilution or the cost of debt, it's a good value.

    Just my opinion,
    M
    Mar 10, 2015. 06:07 PM | Likes Like |Link to Comment
  • Follow Buffett Out Of Exxon Mobil? Not A Chance [View article]
    "For me it is not an easy call at all. I am not as convinced that XOM has hit bottom."

    Toneguru,
    I'm in the same state of mind as you. I have my money sitting and waiting patiently for either a breech of the $40 crude oil price or for SA to say they are going to reduce production. I believe the former will happen before the latter.
    Good luck
    M
    Mar 10, 2015. 03:56 PM | 2 Likes Like |Link to Comment
  • Solazyme Closes The Year With An Arbitration Win For Its Intellectual Property [View article]
    "This then is another way of looking at it. For the record, I find Kevin very informative and generally accurate. I carefully read Maxx and he makes a lot of good points, but he hasn’t dissuaded me of my belief in the bright future of Solazyme."

    I agree and well stated.
    M
    Mar 10, 2015. 03:51 PM | 3 Likes Like |Link to Comment
  • Solazyme Closes The Year With An Arbitration Win For Its Intellectual Property [View article]
    MarkeBlair,

    See my comments above which directly address this issue.
    M
    Mar 10, 2015. 12:31 AM | Likes Like |Link to Comment
  • Solazyme Closes The Year With An Arbitration Win For Its Intellectual Property [View article]
    " I commend Kevin Quon for his excellent, detailed articles, covering a long enough period to demonstrate that he has a lot better perspective on SZYM than the Motley Fool."

    Hi Experienced,

    I laud you in your commendation of Kevin Quon. Like you, I trust him, his intentions and his knowledge.

    I also trust Matt Chasko and The Motley Fool (note I have separated these two entities).

    What I believe the rub here is two different opinions (this is acceptable to me, at least), on the same company, trying to work their way to a comfortable place but unable to do so due to the medium used, viz., email/texting and a community environment that tolerates ad hominem attacks which ratchet up the vitriol.

    Professor Hayakawa, (a brilliant semanticist who died in the 90's), stated only 1/3rd of meaning is available via the spoken word. The balance is available via body language tone, context, etc so it's no wonder to me that we have conflict.

    You should know that one of the many fine services of The Motley Fool (about 13 different services) has recommended SZYM.

    Matt is a writer for TMF but doesn't hold the only opinion of any stock so lumping his opinion into "THE MOTLEY FOOL" opinion is inaccurate. Unlike other services, TMF permits and even encourages different interpretations, opinions and analyses of any stock since they believe (as I do) that independent thinking will generate the best results for investors.

    Lastly, in my opinion, TMF has one of the finest services available (for those who are not smart enough to not need help) and I say that with conviction, experience and honesty.....(that TMF is a fine service and I need help).

    If you must denigrate Matt, have at it since he's a big boy but at least leave TMF alone until you try it.

    Bueno?
    M
    Disclaimer, long SZYM, long TMF and with their help, beating the market.
    Mar 10, 2015. 12:20 AM | 1 Like Like |Link to Comment
  • Solazyme Closes The Year With An Arbitration Win For Its Intellectual Property [View article]
    "All I did was discuss financial documents reported by Solazyme to the SEC. Where's the fear in that? Half of the people here don't appear to know that Solazyme's non-cosmetic products are losing money when all production costs are accounted for."

    Matt,

    Wouldn't the recent retreat and change of strategy from high volume production efforts in order to create low costs per product be easily assumed by at least half the people on here that the non cosmetic products are losing money?

    I mean wasn't the premise that once they got up to nameplate capacity, the costs would be low enough to make a profit and be competitive? If that's so and if that is well known, it's a small step for mankind to figure out there's no profit on those products today.

    Just looking for clarification here and by the way, I do appreciate your strong stated perspective. It's what keeps us all honest.
    Thanks,
    M
    Mar 9, 2015. 11:55 PM | Likes Like |Link to Comment
  • Solazyme Closes The Year With An Arbitration Win For Its Intellectual Property [View article]
    Toasty54,
    Right on, my man, right on.
    M
    Mar 9, 2015. 12:27 PM | 2 Likes Like |Link to Comment
  • Gentex: Solid Product, Growing Market, Attractive Valuation And An Acquisition Target [View article]
    Hi and thanks, Tulip town and Tarun,

    I guess they have it covered, though the technology that I thought might threaten their market did involve the center comp screen which would remove the need to have side view mirrors, putting all views on the screen. There was no mention on the website of that.

    I thought eliminating side view mirrors and integrating that view with the rear view would be a big plus due to less wind drag, more safety with the wider angle views, less places to swing your head to make sure you were clear, etc.

    Mostly, I have confidence in the management of GNTX and that they will stay in the forefront of the higher visibility movement so I'm not worried, just curious.

    Thanks both,
    Long GNTX stock and long calls
    M
    Mar 8, 2015. 05:00 PM | 1 Like Like |Link to Comment
  • Solazyme's (SZYM) CEO Jonathan Wolfson on Q4 2014 Results - Earnings Call Transcript [View article]
    ""While there are many food manufacturers that will actually use ingredients that are GRAS -- confirmed GRAS, the bigger manufacturers are very often -- very heavily interested in seeing an FDA No Questions letter.""

    I read that as many companies use ingredients, "..... that are GRAS--confirmed GRAS, (here I think he should have used a "BUT" if I understand his meaning correctly) "BUT the bigger manufacturers are very often, very heavily interested in seeing an FDA No Questions letter."....unlike the rest of the companies that use GRAS ingredients who are not that interested in seeing the No Questions Letter.

    I think he meant there will be more due diligence with the larger companies which is their primary target.

    Just my opinion and worth < $0,.02
    M, a Wolfson Whisperer Wannabe
    Mar 8, 2015. 04:50 PM | Likes Like |Link to Comment
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