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  • Tepper nervous about markets  [View news story]
    Should be some real value for sale soon.
    May 15, 2014. 12:25 PM | Likes Like |Link to Comment
  • FAB Universal: The Face of Piracy In China  [View article]
    Ditto. Did not short, but got out early with a profit thanks to the info.
    Nov 22, 2013. 07:20 PM | 1 Like Like |Link to Comment
  • FAB Universal: The Face of Piracy In China  [View article]
    I think this article may have sustantiated my feeling of being lied to by FU officials. True or false, this article calls for an SEC investigation and prosecution one way or the other.
    Nov 14, 2013. 10:19 PM | 1 Like Like |Link to Comment
  • FAB Universal Dilution Date Deadline Looming  [View article]
    I, for one, applaud RockieK for giving those of us who bought FU because they follow AAII's Shadow Portfolio, as I do, this info. I bought at six and sold at 8 as FU tumbled from 11,and made money on his revelations. Maybe I am a fool, but saw no reason to hold shares in a company with such questionable transparency. Maybe he is wrong, but, despite my DD failures, I prefer to own companies that I can trust to tell me the truth.
    Nov 7, 2013. 12:38 PM | Likes Like |Link to Comment
  • Where There Is Smoke, There Is Fire: Fab Universal Corp. Just Rewrote History  [View article]
    I too could have been more judicious, but trusted that AAII had vetted the company info. I did get somewhat suspicious when FU deals were announced only on Business Wire and nowhere else that I could find. It appeared that the hype came out just before the share dilution along with the insider selling. This is all circumstantial of course, but I felt there were better places for me to put my investment dollars. And I still do. I have never shorted this stock and do not plan to do so.
    Oct 5, 2013. 01:40 PM | Likes Like |Link to Comment
  • Where There Is Smoke, There Is Fire: Fab Universal Corp. Just Rewrote History  [View article]
    Bought shares based on AAII Shadow Stock criteria. Saw it increase about 50% in less than one week. Read the seekin alpha articles and sold for 20% profit. Current price, one week later would have lead to 25% loss. Cannot believe things are on the up and up.
    Oct 4, 2013. 10:54 PM | 2 Likes Like |Link to Comment
  • ChipMOS EPS of $0.40  [View news story]
    Beat estimates by 9 cents and drops 6%? Any explanation?
    Aug 15, 2013. 11:59 AM | Likes Like |Link to Comment
  • Loopholes allowed Apple (AAPL) to avoid $44B in U.S. taxes from 2009-2012, claims a Senate report released shortly after Apple's official statement. Though peers have also been accused of using offshore havens, the report argues Apple went further by creating a subsidiary (responsible for ~1/3 of profits from 2009-11) that used differences in U.S. and Irish law to have no residence whatsoever. Sen. Carl Levin calls this "the Holy Grail of tax avoidance." Also, while Apple claims $6B in FY12 federal tax payments, the report claims the real number is $2.4B if one backs out deferred payments on foreign cash (only paid if/when the cash is repatriated).  [View news story]
    If you live in state "A" but also have to pay state tax to state "B" then state "A" generally gives you an inkind credit. Why can't countries just do that? Too simple for Congress and no campaign contributions???.....h...
    May 21, 2013. 01:05 AM | Likes Like |Link to Comment
  • Foxconn parent Hon Hai (HNHAF.PK), which is believed to get 60%-70% of its revenue from Apple (AAPL +1.2%), reported a 19% Y/Y drop in calendar Q1 sales to $27B. KGI Securities: "A quarterly decline was expected, but not a yearly decline ... This shows that Hon Hai's revenue depends too much on Apple, and iPhone orders corrected more than expected." Nonetheless, Apple is following the tech sector higher, a possible sign a weak Q1 is priced in.  [View news story]
    The article's conclusion is obviusly flawed by the existence of other reasons for the Hon Hai revenue fall, but it isn't good news for Apple. I am holding at least through April.
    Apr 10, 2013. 01:50 PM | Likes Like |Link to Comment
  • J.P. Morgan's Thomas Lee notes that several laggards in the first quarters of 2009-12 rebounded in Q2, so he figures select tech stocks look appealing now. Tech's forward P/E ratio is below the market's for the first time in 17 years, Lee says. His most noteworthy call is to buy Apple (AAPL), which slid 16% Q/Q. Some other favorites: BRCM, CHKP, ESRX, MYL, TASR, CHS, F, COF.  [View news story]
    Aapl/esrx/f would seem to give a diverse (tech/health/mfg) set, which has long run (1 or 2 year) attractiveness
    Apr 8, 2013. 06:47 AM | Likes Like |Link to Comment