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Momintn

Momintn
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  • Why Stan Druckenmiller Is Wrong On IBM [View article]
    Actually if you play the CNBC link in my above post which is about his response to QE, you will hear him say he thinks the entire stock market will go down when QE ends, and that QE will end up being even more of a negative with things being worse than when it started.
    His performance was so bad in 2009 and 2010, that I'm surprised he wants to be on tv. That's what's wrong with hedge funds managers. Their continuous pessimism only works when they can find enough bears to move the markets lower.
    So Bernanke gave them "the most hated stock market rally of all time" which lead to Druckenmiller's retirement. Think how much money hedge fund managers on tv have cost the investing community all of the world! And they are still allowed to take up revered seats on national tv with no sense of responsibility for the outcome to people's lives or retirement accounts.
    Nov 23 02:52 PM | 1 Like Like |Link to Comment
  • Is IBM A Long-Term Buy? [View article]
    What you need to know about the IBM cloud is that it supports 270,000 more Web sites than Amazon and supports 24 of the top 25 Fortune 500 companies; it is high value, open and reliable; IBM has acquired the largest privately-held cloud company in the world Softlayer, and has a new marketing program to go after AWS's outages and closed architecture. If there is money to be made in the cloud, IBM will get their fair share. And if there isn't, then there are many other businesses where IBM will thrive, making profits every year for their investors. Who are you going to believe, Warren Buffett or a retired hedge fund manager?
    Nov 23 01:09 PM | Likes Like |Link to Comment
  • Why Stan Druckenmiller Is Wrong On IBM [View article]
    By the way, monopolies can be broken up, as IBM found out when they invented the first service bureau companies in the 1930's. The Dept of Justice doesn't want one company owning the cloud. IBM has been in this business before and is partnering with other vendors in openstack architecture.

    IBM does need to improve their response to Wall Street which seems to relish negative hype. What you need to know about the IBM cloud is that it supports 270,000 more Web sites than Amazon and supports 24 of the top 25 Fortune 500 companies; it is high value, open and reliable; IBM has acquired the largest privately-held cloud company in the world Softlayer, and has a new marketing program to go after AWS's outages and closed architecture. If there is money to be made in the cloud, IBM will get their fair share. And if there isn't, then there are many other businesses where IBM will thrive, making profits every year for their investors. Who are you going to believe, Warren Buffett or a retired hedge fund manager?
    Nov 23 01:06 PM | 3 Likes Like |Link to Comment
  • Why Stan Druckenmiller Is Wrong On IBM [View article]
    What is wrong with the CEO? Is it because Wall Street didn't pick her or because she isn't an outsider or because she's female? I'm quite sick of Wall Street honestly, especially the know-nothings on tv, like Jim Cramer, the chart followers on Fast Money, and all the other people who have worked on the biggest scam fest called Wall Street.
    Nov 23 11:43 AM | 3 Likes Like |Link to Comment
  • Why Stan Druckenmiller Is Wrong On IBM [View article]
    correction: His fund was down 5% in 2010 before he closed it.
    Nov 23 11:38 AM | 1 Like Like |Link to Comment
  • IBM Trails Market By 30% - Is This A Buying Opportunity? [View article]
    correction: He said he was down 5% in 2010 before he closed his fund.
    Nov 23 11:34 AM | Likes Like |Link to Comment
  • Why Stan Druckenmiller Is Wrong On IBM [View article]
    What I'm wondering is if people understand that Stan Druckenmiller's opinion is one man's opinion whose only education is a B of A. He knows nothing about technology as he has never had any education in technology or any job in technology.
    From Forbes, Stanley Druckenmiller closed down his $12 billion hedge fund, Duquesne Capital Management, in August 2010 and returned investors' money, citing frustration with his inability to deliver high returns. I read on Bloomberg that his annualized return was 9 to 10% for 2009 and 2010 when the stock market was booming. If he had invested in IBM on Jan 1 of 2009 then on Aug 1, 2010, he would have had an annualized return of 30.14%, and he wouldn't have had to close his fund. Clearly, he doesn't understand IBM's value or business.
    If you listen to him talk about QE he thinks that it is the only reason stocks have gone up and when QE ends he thinks the markets will completely go back down, and QE will have been a negative in the end. He is just another retired person living on a pension according to his own words, hyping his opinion on CNBC.
    http://bit.ly/18frgCe
    If you buy stocks like Amazon who have no earnings and pay no dividends, you may see your money vanish when QE ends, but IBM will hold its value and most likely rise in price as they buy back 10% of their shares. Druckenmiller is being disingenuous to others and so are many people who will sell you their trades, especially when they have been wrong before on IBM.
    Nov 23 11:26 AM | 5 Likes Like |Link to Comment
  • IBM Trails Market By 30% - Is This A Buying Opportunity? [View article]
    From Forbes, Stanley Druckenmiller closed down his $12 billion hedge fund, Duquesne Capital Management, in August 2010 and returned investors' money, citing frustration with his inability to deliver high returns. I read on Bloomberg that his annualized return was 9 to 10% for 2009 and 2010 when the stock market was booming. If he had invested in IBM on Jan 1 of 2009 then on Aug 1, 2010, he would have had an annualized return of 30.14%, and he wouldn't have had to close his fund. Clearly, he doesn't understand IBM's value or business.
    If you listen to him talk about QE he thinks that it is the only reason stocks have gone up and when QE ends he thinks the markets will completely go back down, and QE will have been a negative in the end. He is just another retired person living on a pension according to his own words. He states all of this on CNBC; play link below.
    http://bit.ly/18frgCe
    If you buy stocks like Amazon who have no earnings and pay no dividends, you may see your money vanish when QE ends, but IBM will hold its value and most likely rise in price as they buy back 10% of their shares. Druckenmiller is being disingenuous to others and so are many people who will sell you their trades.
    Nov 23 11:14 AM | Likes Like |Link to Comment
  • IBM Trails Market By 30% - Is This A Buying Opportunity? [View article]
    He is suppose to disclose short positions according to Seeking Alpha. You can send them an email. But he may be paid by someone else who is short such as a hedge fund.
    Nov 23 11:12 AM | Likes Like |Link to Comment
  • IBM Trails Market By 30% - Is This A Buying Opportunity? [View article]
    Book value, revenue growth, debt/equity don't really mean that much. Look at LMT. Stock is sky high with a P/B of 35, 5% decline in revenue for 2013, 4% decline projected for 2014, and a debt/equity ratio 3 times higher than IBM.
    It is explained on this website why the book value for IBM doesn't mean anything.
    Nov 23 11:10 AM | Likes Like |Link to Comment
  • IBM - Can't Get Blood Out Of A Stone [View article]
    From Forbes, Stanley Druckenmiller closed down his $12 billion hedge fund, Duquesne Capital Management, in August 2010 and returned investors' money, citing frustration with his inability to deliver high returns. I read on Bloomberg that his annualized return was 9 to 10% for 2009 and 2010 when the stock market was booming. If he had invested in IBM on Jan 1 of 2009 then on Aug 1, 2010, he would have had an annualized return of 30.14%, and he wouldn't have had to close his fund. Clearly, he doesn't understand IBM's value or business.
    If you listen to him talk about QE he thinks that it is the only reason stocks have gone up and when QE ends he thinks the markets will completely go back down, and QE will have been a negative in the end. He is just another retired person living on a pension according to his own words, hyping his opinion on CNBC.
    http://bit.ly/18frgCe
    If you buy stocks like Amazon who have no earnings and pay no dividends, you may see your money vanish when QE ends, but IBM will hold its value and most likely rise in price as they buy back 10% of their shares. Druckenmiller is being disingenuous to others and so are many people who will sell you their trades.
    Nov 23 11:04 AM | 1 Like Like |Link to Comment
  • Could IBM Be Fairly Valued? [View article]
    IBM has re-invented itself over the past 100 hundred years many times over, and I'm sure they do not intend to lose any business that is profitable. Amazon can grow revenue, but making money is something that they have yet to prove. They did not do well in China either, but this is something the talking heads have failed to disclose.
    Nov 23 11:00 AM | 2 Likes Like |Link to Comment
  • Could IBM Be Fairly Valued? [View article]
    IBM is buying companies at a fast clip. Their revenue will not continue to go down by much. And a company can become more profitable by going into more profitable businesses without additional revenue.
    Take a simple example to understand this. Say you sold eggs and just couldn't make a living. You could change your business and start selling chickens, and be more profitable, with a similar business investment.
    Nov 23 10:56 AM | Likes Like |Link to Comment
  • IBM falls as Druckenmiller makes short case [View news story]
    What I'm wondering is if people understand that this is one man's opinion whose only education is a B of A. He knows nothing about technology.
    From Forbes, Stanley Druckenmiller closed down his $12 billion hedge fund, Duquesne Capital Management, in August 2010 and returned investors' money, citing frustration with his inability to deliver high returns. I read on Bloomberg that his annualized return was 9 to 10% for 2009 and 2010 when the stock market was booming. If he had invested in IBM on Jan 1 of 2009 then on Aug 1, 2010, he would have had an annualized return of 30.14%, and he wouldn't have had to close his fund. Clearly, he doesn't understand IBM's value or business.
    If you listen to him talk about QE he thinks that it is the only reason stocks have gone up and when QE ends he thinks the markets will completely go back down, and QE will have been a negative in the end. He is just another retired person living on a pension according to his own words, hyping his opinion on CNBC.
    http://bit.ly/18frgCe
    Why would anyone listen to these old people on CNBC who favor their friends like Jeff Bezos? If you buy stocks like Amazon who have no earnings and pay no dividends, you may see your money vanish when QE ends, but IBM will hold its value and most likely rise in price as they buy back 10% of their shares. Druckenmiller is being disingenuous to others and so are many people who will sell you their trades.
    Nov 23 10:37 AM | 1 Like Like |Link to Comment
  • IBM falls as Druckenmiller makes short case [View news story]
    What Stan Druckenmiller said on CNBC on Sept 19, 2013
    "I'm retired and living on a pension."
    http://bit.ly/18frgCe
    Nov 23 10:10 AM | Likes Like |Link to Comment
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