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Welt

Welt
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  • 8 Biotech Events To Anticipate This Year: Part Two [View article]
    That seems like a better explanation. It gave investors a reason to sell when they previously couldn't find one.
    Apr 8 10:30 AM | Likes Like |Link to Comment
  • 8 Biotech Events To Anticipate This Year: Part Two [View article]
    I am very pleased with your thoughts on CLDX. It seems crazy to me how much it has fallen since its decision to pull the CDX-1135 study. I just have a feeling that more of the selling has been due to momo and high value selling in general, but maybe the market was pricing in CDX-1135 way more than I thought.

    I hold a core position and trade the stock also...have made purchases as low as 9 and as high as 27 dollars. My most recent purchase was yesterday at 16. I believe CLDX will be a long term winner and I want to be a part of it.
    Apr 7 07:28 PM | 2 Likes Like |Link to Comment
  • Value Of GSE Preferreds Under Different Scenarios (Part I) [View instapost]
    Thank you for the response and your probabilities. It's such a tough scenario to even evaluate.
    Apr 1 09:13 AM | Likes Like |Link to Comment
  • Value Of GSE Preferreds Under Different Scenarios (Part I) [View instapost]
    Nice work, I like your return distribution calculations and table. Am I correct in assuming that the FNMA common has an even less favorable risk/return ratio than the preferred?

    I say this just because the preferred would have first dibs at the distributions/dividend...
    Mar 31 12:53 PM | Likes Like |Link to Comment
  • Ackman boosts stakes in GSEs [View news story]
    People with a lot of money have influence...just the way it is.
    Mar 31 12:36 PM | Likes Like |Link to Comment
  • Ackman boosts stakes in GSEs [View news story]
    What would make you think that? He INCREASED his stake...
    Mar 31 11:58 AM | Likes Like |Link to Comment
  • Why Is Citigroup The Best Bank To Buy Today? [View article]
    Wow yes bad math on my part. Should have checked my math rather than just thinking it sounded reasonable! :)

    You said...

    "The problem with this is that Corbat already said their would be no increase with dividends this year and that all of the profits would be spent on a buyback due to the stock is valued at less then market value(.9)."

    I actually like the buyback idea more than a big divy increase as long as it continues to trade below book value. However, I would think a small increase in the divy would help investor confidence.
    Mar 22 02:14 PM | 1 Like Like |Link to Comment
  • Why Is Citigroup The Best Bank To Buy Today? [View article]
    I am not a big fan of the reverse split either. Maybe if C can get to 100 they will split it back down to 10 or 20. It seems like a lot of shareholders have voiced their distaste of the reverse split...maybe they will listen.
    Mar 22 11:08 AM | 2 Likes Like |Link to Comment
  • Why Is Citigroup The Best Bank To Buy Today? [View article]
    Nice article. I invested in C recently for many of the reasons you mentioned. I believe once C starts returning capital to shareholders the price will appreciate significantly. I don't think the future capital returns are currently reflected in the stock price.

    I'm trying to do the math here to figure out a possible divy. I'm not sure how much of a buyback they plan on doing or if they plan on even doing one anytime soon, but I will just assume 5B will go to dividends and 1B+ to a buyback over the next 12 months. If they did this then the dividend would be approx 15 cents a quarter((3B shares/$5B)/4 quarters). The yield would be about 1.2% at the current $50 stock price.

    If they don't end up returning a significant amount of capital to shareholders...I will be very disappointed and I am sure C share price will suffer. Fingers crossed

    Welt
    Mar 21 09:32 PM | 2 Likes Like |Link to Comment
  • How To Get Exposure To Bitcoin While Hedging Your Bet [View article]
    I really like the article and have been watching bitcoinshop recently. I think there is real potential and am impressed with their website. I also have a coinbase account open, but have yet to buy any bitcoin. I don't know if I ever will, but my account is locked and loaded if need be!

    I've been watching the total trading volume off of this website...
    http://bit.ly/1r2MyJe

    I'm not sure how credible it is, but I find it pretty cool that bitcoin beats out XOOM.
    Mar 20 11:04 PM | Likes Like |Link to Comment
  • This Could Be The Perfect ETF For A Roth IRA [View article]
    Great article! The comments are full of great info as well so just a good all-around read! I thought I would offer a little input as well as hopefully get a quick question of mine answered if possible.

    I opened a Roth IRA in 2012 and currently hold a roughly equal amount of VZ, KMI, MA and C. I also hold an outsized position in CLDX which is speculative, but I am only 22 years old. After reading this article and the comments section, I have decided that I am going to look for an opportunity to add VIG. I know there has been a lot of discussion in regards to dividend funds, but I really feel like SPY is more comparable to VIG than a lot of dividend funds. With that said, I outlined what I see as VIG advantages below as well as its one major disadvantage vs the SPY. The differences are sometimes minor, but I’d argue even small differences help in making decisions…

    FOR ALL INVESTORS

    • It offers a slightly higher yield after deducting the expense ratio (1.76% vs 1.71%).
    • It seems to have less downside risk considering it fell 48.8% during the financial crisis vs the SPY’s 57.4% according to my measures. It also fell less during the harsh 2011 summer…
    • The only real downside I see is that the SPY tends to outperform VIG when the market climbs aggressively. However, I feel that the VIG risk/reward is better at this time with the markets at all-time highs, there being lot of monetary policy questions, and the world in just a general state of funk.

    FOR MY PERSONAL PORTFOLIO

    • It holds a lower weighting of mega-cap companies (39.44% vs 51.37%) of which I already have a lot of exposure to. VZ and C markets caps are well over 100B and MA is getting close…
    • It is weighted lighter in the financial sector (6.83% vs 14.85%) which is good considering I already hold C and MA.
    • It holds less than 1% of utilities and REITs (vs. 5% SPY) which I have no interest in at this point. Rising rate environment and I already hold some high yielders…
    • It is weighted 31% in industrials and materials vs only 15% for the SPY and I currently have no exposure to these sectors.


    Now, my question…

    I plan on selling about half of my CLDX in 2014 considering the position has grown very large vs my other holdings. I was thinking about actually doing a withdrawal from my ROTH IRA with the proceeds (and investing some in VIG of course) because I feel like my net worth is becoming too tied up in stocks. I was thinking a withdrawal of couple thousand dollars which does not exceed my contributions over the past 2+ years. I know I can withdrawal penalty free as long as I don’t exceed my contributions. However, I was wondering if I had to have the ROTH IRA open for a set number of years before I could do any penalty free withdrawals. Basically, could I withdrawal the couple thousand penalty free tomorrow if I wanted to?
    Mar 19 09:18 PM | Likes Like |Link to Comment
  • 3D printing stocks fall on Barron's piece [View news story]
    Here's the 2/10/14 voxeljet video from Bloomberg. It's about 8 minutes long. The CFO debunks the so called "financing issue" by disclosing they have only financed 3 out of the 55 total printers since inception in 1999 (I understand that averages to roughly selling only 1 printer per quarter). Also, he makes the point that VJET selling 1 large printer is equivalent to Makerbot selling 1,200 of their largest printers. The Bloomberg interviewers in the video (who act like jerks IMO) and most people on here think they know all about VJET when in fact they do not.

    I'm no genius at all whatsoever, but I would like to clear up some common VJET misconceptions. I have no problem with people hating on the valuation of the stock, but the company is going to continue to innovate at an impressive clip and should be respected.

    http://bloom.bg/1cPbASI
    Mar 10 01:17 PM | 2 Likes Like |Link to Comment
  • 3D printing stocks fall on Barron's piece [View news story]
    Citron report stated they financed all 3 printers which is simply untrue. Financing 1 out of 3 vs 3 out of 3 is a very big difference.

    I'm not stating VJET is a value play here...just saying if you are going to bash them at least bash them with correct info. Don't state, "Voxeljet made loans to customers to fund purchases, and in one case, was paid in barter" because that is a false statement.
    Mar 10 12:41 PM | 2 Likes Like |Link to Comment
  • 3D printing stocks fall on Barron's piece [View news story]
    All I was doing was correcting you about financing. I said nothing about revenues. I'm well aware they sell at a huge P/S ratio.

    Your response is irrelevant....
    Mar 10 12:31 PM | 1 Like Like |Link to Comment
  • 3D printing stocks fall on Barron's piece [View news story]
    VJET's CFO stated they have only helped finance 3 printers over the entirety of voxeljet's existence and only 1 in the most recent quarter. The citron report was incorrect.
    Mar 10 12:10 PM | Likes Like |Link to Comment
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88 Comments
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