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happyshorter

happyshorter
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  • U.S. Oil Export Ban: Are There Reasons Not To Repeal? [View article]
    Thank you very much for this reply.

    My uneducated feeling is that the US ban lift would not be good news for the Canadian oils.
    I'll try to keep an eye on your next article.
    Mar 23, 2015. 01:29 PM | Likes Like |Link to Comment
  • U.S. Oil Export Ban: Are There Reasons Not To Repeal? [View article]
    Mr. Zeits,
    Many of the readers who commented seem to understand the question very good, and are competent to discuss.

    For me, your article explained a lot about a question that I really did not understand.
    Intuitively, I thought that the export ban should be lifted, but I could not have explained why.

    I thank you very much, and I will try to keep reading the comments, mostly because you care and you reply intelligently.

    Could you just give me your idea on the consequences of a US export ban lift for the Canadian Sand Oil producers?
    Mar 23, 2015. 02:09 AM | Likes Like |Link to Comment
  • The Advantages Of Finding Dividend Growth Early [View article]
    I am happy at last to read so many negative comments on BAC: when I read other articles, I felt lonely when I said that even if I read a lot, no one could convince me to buy this stock.

    The article that I wait for is the one that will show me that I should own BAC after a comparison with all others and demonstrating honestly that this is THE bank to own.

    Buybacks never impress me much.
    As for dividend increase, the question is not only if, when and how much.
    The question is how will it be financed: through emission of high interest bonds,
    http://bit.ly/1LMEWYb
    or because of real revenue increase?
    Mar 23, 2015. 01:56 AM | 1 Like Like |Link to Comment
  • Bank Of America - An Ironic Opportunity For Superior Appreciation [View article]
    Lots of "ifs".

    Yes it could be a good gain "if" , except that the investors have had a full week end to think it over, and they did not go for.

    And when I look at your tables, I don't feel too interested in choosing BoA over the other ones.

    Because ALL will benefit from rate hike, (if they can lend), ALL will try to buyback ALL will try to raise their dividends.

    Try again to convince me.
    Long all US big banks in the Canadian ETF "ZUB" , hedged with small short position BAC (the smallest position in ZUB portfolio).
    Reminds me of all the valuations articles on Alcoa!
    Mar 16, 2015. 05:25 PM | 2 Likes Like |Link to Comment
  • Bank Of America: Buy Below $16 Now [View article]
    The effect of buybacks on the price of the shares is quite fast, but does not last long.
    Mar 15, 2015. 04:47 PM | 1 Like Like |Link to Comment
  • Bank Of America: Buy Below $16 Now [View article]
    My question is not so much if there is upside potential in BoA: there is upside potential in almost all stocks, in general, and to be more specific, in all big banks.

    My question is, if I don't want to be too much invested in banks, what lets me think that BoA has MORE upside then the other ones.
    I have read many articles here on SA, and none has convinced me.

    If the markets take as severe correction, banks won't be as scary as they were in 2008. Many people talk against regulations, but I think that these regulations reassure us, and this time, banks could be less affected then most other stocks.
    Now I own them all through a Canadian ETF, and I own a small short position on one of them: BAC.

    If on the other hand, I had to choose only one, it would certainly not be BAC: the simple fact that they were not able to pass the stress test without restrictions is a bad sign to me.
    Will BAC profit from rates hike? Yes! More then the other banks? Please tell me how.
    BofA has experienced a dramatic transformation since 2009? Yes! Which bank has not? Please tell me.
    Mar 15, 2015. 04:43 PM | Likes Like |Link to Comment
  • Bank Of America: Are We Going Sideways For Another Year? [View article]
    A few days ago I read on SA an article praising BAC and most of all explaining that the FED Plans would favor it.
    http://seekingalpha.co...

    I could not be convinced.
    BAC did not seem to me the best of the big banks to hold.

    Here was my conclusion:

    "Traders can buy on weakness, but only for short term.
    Investors can buy on weakness, but only on pretty long term."


    I owned none of them when I wrote this.

    Since yesterday, I own them all in the BMO ETF ZUB (Canada).

    I just looked at the content: BAC is the last and smallest position.
    http://bit.ly/18EP2bh

    So as a hedge, I am shorting a small position on BAC.
    Mar 12, 2015. 05:33 PM | 1 Like Like |Link to Comment
  • BofA +1.1% after getting through stress test [View news story]
    Did I miss something, or do I misunderstand how it works?

    BAC presented it's own calculations for the stress test, warning that they might not be the same as the FED's results?

    Well I guess this is good news anyway.
    Another article (http://bit.ly/1Mc6rXX) asked if the Stress test induced sell-off would be a great buying opportunity.

    Is the reverse true? Because passing the stress test should be expected: the Bank is not 2% more valuable after it passes.

    But this will certainly give it a nice momentum!
    News are always bought or sold in a very surprizing way...
    Mar 5, 2015. 06:36 PM | Likes Like |Link to Comment
  • The Aging Of The Tech Sector: The Pricing Divergence Of Young And Old Tech Companies [View article]
    I completely agree about the "labeling".
    Yes it is a human need to label, and the less you know "the others", weather they are humans from a different country or race, or stocks, the more you find that they all look alike!

    Too many stocks are classified as technology, and too many technology stocks are compared to each other.
    Even Alibaba is often classified as a technology stock: it is not because it uses internet to sell goods that it s a technology stock!
    Are websites "technology"?
    Are social media "technology"?
    For sure they are so new (relatively to IBM lets say), it is hard to classify them in one of the old categories.
    They are (or close to) media companies: after all, so many newspapers, radios and cables refer to them for their news: "So or so tweeted this message this afternoon": it has become so frequent (and so annoying to my taste, that important political announcements will be made first on twitter.
    Polices and secret service over the world check social media to follow criminals or terrorists.
    But the companies that make those researches possible ARE technology.

    Feb 27, 2015. 05:48 AM | Likes Like |Link to Comment
  • Google Partnership Validates BlackBerry's Staying Power And Could Fuel A Buyout [View article]
    I do not see a buyout, but I don't dismiss it either.
    I like Blackberry, I like Chen, and that enough for me.
    I do not have a precise price target in mind, but I know that this stock is the only one that is a long hold for me: I am usually a short term holder.
    Feb 27, 2015. 04:41 AM | 1 Like Like |Link to Comment
  • Google Partnership Validates BlackBerry's Staying Power And Could Fuel A Buyout [View article]
    This comment is hard to understand.
    As are the four (at this time) Likes.
    Why should a Google representative comment?
    Did Blackberry comment?
    Feb 27, 2015. 04:35 AM | Likes Like |Link to Comment
  • Fed Plans Favor Bank Of America [View article]
    Mr Kamakis,

    Your article would be more complete if you could come back on the title of your article, and explain why the FED's action would be specifically good for Bank of America and not as much for the other banks.

    Most banks reacted positively when Yellen spoke.
    Why single out BAC?
    Is it because you own it and want to reassure yourself?
    Do you hope to have more impact then Zachs, Argus and Reuters who give BAC only a global rating of 3?

    Just for disclosure, I own none of the big banks.
    Feb 27, 2015. 04:28 AM | 2 Likes Like |Link to Comment
  • Fed Plans Favor Bank Of America [View article]
    I know that this kind of comments about Zacks are pretty successful on SA (and probably elsewhere), and I used to think the same.
    But they are not the only ones to issue upgrades and downgrades, and they are more often right then wrong.
    This doesn't mean that you have to act on their recommendations, but you can't ignore them.


    Zachs is not the only one.
    Argus rates BAC only at a HOLD, based on the disappoint last quarter results.


    There were other news that investors did not like:
    The Obama wish that the brokerage industry act in the best interest of their clients (LOL), but this should have affected other major banks too.
    But Zachs also issued a report on JPM and did not downgrade it.


    It is hard to know how much each bank is exposed to oil companies, but the drop in oil might also have been an issue.


    But I think that what investors hate most, is when members of boards leave: 2 on the same day was too many.


    But at the end of the day, technicals were the most important factor: if you look at both charts (BAC and JPM), JPM's chart was much more trust inspiring then BAC's.
    
    Traders can buy on weakness, but only for short term.
    Investors can buy on weakness, but only on pretty long term.


    Feb 27, 2015. 04:18 AM | 2 Likes Like |Link to Comment
  • Wunderlich lists potential energy movers with strong balance sheets [View news story]
    I have been long on AREX (on and off). My first buy was at 5.85.
    I did not know the company. I ran a scan:
    . Oil
    . Insider buying,
    . Low debt,
    . HIGH Short float.
    . at least on analyst upgrade.
    And there it was.

    Since then there has been on analyst downgrade (on valuation and that type of down grade never has a lasting effect).

    I hope the results won't too bad Wednesday, but since no one has great expectations...
    Feb 25, 2015. 05:48 AM | Likes Like |Link to Comment
  • Oil's Inventory Problem Dampens Price Recovery [View article]
    I do not understand how you can think that gasoline (is that what you meant?) could collapse to near zero?
    It is true that even at low prices, existing companies must keep producing.

    But they can cut on exploration, sadly cut employees, and sadly eventually cut on dividends.
    Feb 19, 2015. 05:56 PM | Likes Like |Link to Comment
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