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driftwood2

driftwood2
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  • Tesla Gigafactory Could Be Boon For Graphite, Lithium, Cobalt: Simon Moores [View article]
    Pfft. What a disingenuous article. Cobalt is the #1 material in a lithium ion battery (http://bit.ly/VkVqyO) and since it is an expensive metal, it has the highest importance. Graphite is a cheap, readily available material. Accomplishing a 30% cost reduction would be easy since all they would have to do would be to make larger cells. Using 18650 cells that were originally intended for laptops was only ever a stop gap solution until custom cells for larger applications became available.
    Jun 24 03:23 PM | Likes Like |Link to Comment
  • Week In Review: Oil Could Spike To $150 If Iraq Falls Into Civil War; Palladium Faces Pressure As Strike Nears [View article]
    If it deteriorates into full blown civil war?


    It's clear that it is already a full civil war.
    Jun 13 11:41 PM | 4 Likes Like |Link to Comment
  • Should You Invest In Argentina Stocks Now? [View article]
    Well, after nearly one year, this advice has turned out to be horrible. Argentina is up big and Chile, Mexico and Brazil are cold. People don't seem to know what "buy low sell high" means. It means buying when things look worst and there is no certainty in outlook at all. When the time is buy low is present, everything looks to be going badly.
    Oct 18 02:01 PM | 1 Like Like |Link to Comment
  • Does Microsoft Get The Message Yet? [View article]
    RT is a good idea. Most mobile processors are ARM so it's necessary to make an OS that runs on that platform. To do otherwise is to ignore the majority of the market. The problem with the Surface RT is what you already stated: it's just too low spec for the price. A tablet as low speced as the surface RT should have been selling for $300 out of the door. For a $500 tablet, you need a processor that is about twice as fast, 2gb of memory, and screen resolution that is at least HD.
    Jul 19 02:29 PM | 1 Like Like |Link to Comment
  • The S&P 500 Behaving As Might Be Expected [View article]
    There was a sudden drop in the green line (2014-q1 dividend growth) a little before may 16th. If your thesis is correct, shouldn't the market have dropped sharply at that point? Am I reading your chart correctly? Because it's rather confusing.
    Jun 4 04:04 PM | Likes Like |Link to Comment
  • Hedge Funds Are Not Buying Into This Bull Market: Should You? [View article]
    Gold negative correlation with the market is pretty weak in recent years. I do not think it is a good hedge.
    May 9 02:28 PM | Likes Like |Link to Comment
  • T-Mobile's No-Contract Plan Is A Winner [View article]
    I'm not so sure about this. Carriers get a big discount on phone purchases but individuals do not. People will be very unhappy about shelling out for a $650 iphone. The whole reason the carrier subsidy came into being was that people back in the early 90's were unwilling to spend a few hundred dollars on a phone. But locking them into a contract and charging them more per month caused phones to fly off the shelves. The carrier subsidy model came into being because it worked so so well.
    Mar 28 04:37 PM | 1 Like Like |Link to Comment
  • Monday Market Madness: Apple $500 Takes Down The Nasdaq [View article]
    Palm was bought by HP and was later completely shot down.
    Jan 14 05:57 PM | Likes Like |Link to Comment
  • As Insider Buying Spikes, Chimera Could Be Primed For A Takeover [View article]
    Insider buying is less in 2012 than in 2011. That would suggest loss of confidence in the company by insiders, not a rise in confidence.
    Jan 4 12:23 PM | Likes Like |Link to Comment
  • Exit Of The Periphery From The Eurozone Is Inevitable [View article]
    I expect the euro leaders will do little until it is forced upon them by the market.
    Dec 19 05:08 PM | Likes Like |Link to Comment
  • Barron's 2013 Outlook - No Negative Forecasts... [View article]
    Their forecasts are always positive so this is no surprise at all.
    Dec 16 03:09 PM | 1 Like Like |Link to Comment
  • 1000 Points Down On Dow Since QE 3 - Should We Be Worried? [View article]
    Yeah but what are we capitulating to?? The fiscal cliff? Seriously? I'd hardly call that much of a threat. The world has faced down about 10 financial threats more serious that the fiscal cliff in just the last 5 years. I just don't see a collapse coming from average valuation (PE) levels. But then again, I didn't see this decline coming either...
    Nov 15 04:49 PM | Likes Like |Link to Comment
  • As Sprint And SoftBank Talks Continue, Where Does Clearwire Stand? [View article]
    ClearWire's weak financial position is the real roadblock preventing a buyout. Why buy now when you could just wait for bankruptcy to buy the company for a song and shed all debt holders at the same time?
    Oct 17 12:32 PM | 1 Like Like |Link to Comment
  • As Sprint And SoftBank Talks Continue, Where Does Clearwire Stand? [View article]
    I believe that clearwire is very valuable but I don't think the stock is going anywhere soon. Eventually, it will no doubt be acquired by sprint. However, they already have the leasing rights on the spectrum for YEARS so they don't need to do an acquisition anytime soon. Also, with the merger, S is too preoccupied to do an acquisition. Also, since sprint already owns 49% of clwr, it would only need to buy 2% more on the open market to have a controlling stake. Softbank may have already bought this relatively small amount secretly through a subsidiary or investment arm or something. Also, since clearwire is so obviously in the pocket of Sprint, I think it greatly reduces the likelihood that the biggest wireless companies in america would ever lease from them. Thus, the value of their spectrum is greatly reduced. Eventually, Sprint will pay a pretty penny for them but that won't be for years.
    Oct 17 12:08 PM | Likes Like |Link to Comment
  • Sprint's Unreasonable Post-Deal Valuation [View article]
    You're forgetting about the share dilution. An additional .93Billion shares will be issued. There are currently 3B shares. That is why the future share price of sprint is expected to be so low.

    Softback is technically paying a high price for sprint shares but what's actually happening in effect is that Softbank is buying Sprint shares for a modest premium to market (much less than $7.3) and then transferring $8B to their new branch division (sprint) to shore up their finances. Sprint get's to pay down and roll over all its debt. They will effectively be paying less than 1% interest on the rolled over debt! That's a huge savings right there from the roughly ~7% they currently pay. Paying a higher price for sprint probably allows for more tax writedowns versus an internal money transfer to a business subdivision.
    Oct 16 01:17 PM | Likes Like |Link to Comment
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