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ThirtyEddie

ThirtyEddie
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  • Make 25% In 2 Months With This Special Situation [View article]
    Definitely sounds like a search and replace 50 error, as they didn't search for 51. It probably should read as:
    "This preference is not available to partial tenders or to beneficial or record holders of an aggregate of 100 Shares or more, even if these holders have separate accounts or certificates representing fewer than 100 Shares."
    2010 tender offer odd lot size was 50 or less
    current tender offer odd lot size is 99 or less
    Also it sounds like it's for all shares you own from all accounts, partial tenders will not meet this requirement.
    May 1, 2014. 10:51 AM | Likes Like |Link to Comment
  • Avoid Paying Taxes The Warren Buffett Way [View article]
    Only non competitive people will complain that buffett does not practice what he preaches. When the rules of the games are broken, do you play to lose? No, you beat the others and use the winnings for charity, duh. If you know the rules are broken, level the playing field by trying to fix the rules. In the meantime, you still beat the competition while playing by the broken rules.
    Jan 9, 2013. 01:34 AM | 1 Like Like |Link to Comment
  • Apple: Don't Follow The Herd [View article]
    Ipad 5 will be much thinner and lighter, a very much demanded upgrade. Shorter product cycle is fine in a world where the rich wants to upgrade their phone every year instead of every two years. It's great to have more choices, and it's great that Apple bases their strategies on what customers really want, not based on financial decisions. In the end, making the best products available every six months closes the gap where impatient buyers bought the Samsung galaxy s3 during q3. As long as Apple continue to build great products, and continue to close the gaps like impatiant upgraders, and larger display desires, then Apple products will continue to fly off the shelves, and the money will follow.
    Jan 3, 2013. 07:01 AM | 1 Like Like |Link to Comment
  • House Approves Fiscal Cliff Bill: How The Deal Affects Income Investors [View article]
    Shouldn't the spreadsheet be 23.8% instead of 28.8%? Stop trying to scare people.
    Jan 2, 2013. 06:36 AM | Likes Like |Link to Comment
  • Why Apple Should Announce A $100 Billion Stock Buyback [View article]
    Actually the best use of the cash is to hire Warren Buffett as CIO and have him invest Apple's float.
    Dec 24, 2012. 10:54 PM | 2 Likes Like |Link to Comment
  • Why Apple Should Announce A $100 Billion Stock Buyback [View article]
    A large buy back with unneeded cash is definitely the best thing to do. However they should announce this 100 billion buy back with no time limit, and financed by US cash and future US earnings only. Again, use only the unneeded cash. Anytime Apple sells for very cheap they should buy back. But the only thing is they need to keep employee stock compensation in check to prevent dilution.
    Dec 24, 2012. 10:48 AM | Likes Like |Link to Comment
  • In Defense Of Herbalife: Arguments Against Ackman's Short Thesis [View article]
    "In our view, it is highly unlikely that the SEC could miss evidence that Herbalife is a pyramid scheme twice within 5 years."

    You're giving SEC too much credit. Read David Einhorn's book.
    Dec 23, 2012. 01:42 AM | Likes Like |Link to Comment
  • What's Worrisome About Apple [View article]
    No need to worry about Walmart. My guess is that Walmart is eating the loss as a loss leader to attract customers into the store. They are using the combination of low inventory and out of stock to lure people into stores while spending much cheaper than an ad campaign. Think of it as creative advertising 2.0. As for working with Apple, my guess is that they are just asking for Apple's blessing to not cut their distribution status for giving a discount. I'm sure Apple is pissed but said okay as long as they Walmart ate all the difference, or if Walmart paid an extra premium for breaking the rules.
    Dec 21, 2012. 01:19 AM | Likes Like |Link to Comment
  • Walgreen - The Greatest Stock That Nobody Loves [View article]
    I actually love Walgreen's management:
    1. You can't let ESRX bully you or else it gets worse yoy.
    2. Walgreens is diversifying out of pharmacy business with new upscale stores, since eventually pharmacy business will be more low-profit generic drugs, local within hospitals, and loss leaders within walmart/costco/amazon.
    3. Gaining Alliance Boots international footprint is fantastic, especially during this Euro crisis. Without this crisis, it would be way harder and way more expensive. Plus, It's not that much money compared to how much Walgreens make, so it's not a big risk, only a few years of income.
    I own both Walgreens and CVS, but i'm worried more about CVS due to management's lack of future vision. I sort of see Walgreens making decisions like IBM, and CVS like HPQ a decade ago. At least their minute clinics will be profitable.
    Sep 13, 2012. 01:12 PM | 3 Likes Like |Link to Comment
  • Avoid IBM; Buy HP, RIM Instead [View article]
    "I would never spend a lot of time valuing declining businesses," Buffett said during a multi-hour question-and-answer session. "The same amount of energy and intelligence brought to other businesses is just going to work out better."
    Aug 16, 2012. 08:56 AM | 1 Like Like |Link to Comment
  • The Market Is Missing Nokia's Enormous Potential [View article]
    "To show this in very simple terms, if one agrees that Nokia will have E3.4bn of net cash at year end, and the patents are worth E6bn, then this covers the entire E8.9bn market cap. All of the operating businesses are free upside."

    Um... if Nokia if failing, operating businesses are not free upside, it will continue to lose money and suck away from the remainder of Nokia's liquid cash, which is not E3.4bn, but E8.7bn. Total assets come out to 33.2bn, but total liabilities is 22.2bn. For a failing business, assets don't worth much, while liabilities still hold 100% weight. So let's say we still give 50% value to non-cash assets, plus 8.7bn liquid cash, that's 21bn. Subtract 22.2bn liabilities, and you have a nice remaining -1.2bn dollars. Let's just say they didn't value their patents within total assets accordingly, then we give it a E5bn boost, that's still only net E3.8bn dollars, so NOK is still not attractive for the failing business scenario.
    May 15, 2012. 02:20 PM | Likes Like |Link to Comment
  • The Market Is Missing Nokia's Enormous Potential [View article]
    "To show this in very simple terms, if one agrees that Nokia will have E3.4bn of net cash at year end, and the patents are worth E6bn, then this covers the entire E8.9bn market cap. All of the operating businesses are free upside."

    If Nokia is failing, the operating businesses are not free upside, it fact it means free liability. Its total liability is E22.3bn, while total assets is E33.2bn of which E8.7bn is liquid cash (i dunno where u get your numbers from, but i got mines from sec). Even though its liquid cash covers its market cap, for a failing company, most non-cash assets don't worth much, while liabilities still cost 100%. So if we take 50% of non-cash assets + 8.7bn, that's 21bn, then subtract 22.3bn liabilities, we get -1.3bn Euros.
    May 15, 2012. 01:53 PM | 1 Like Like |Link to Comment
COMMENTS STATS
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