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2MuchDebt

2MuchDebt
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  • Look Out Below: Apple's Unit Profits Are Falling [View article]
    "Back in March, I called for a $700 share price. Apple hit that price in September. It's time to set a new Apple price target of $480."

    Is $480/share your 1-year price target? And this is based solely on the assumptions of supply/demand constraints and diminishing unit profits?

    If you're so confident Apple will decline to $480 why not short the stock? That's a quick and easy 12% gain from its current trading price. Your user profile states "I put my money where my mouth is". I find it rather comical how so many "investment professionals" are quick to disseminate investment ideas, but don't back up the investment thesis with personal/professional funds. It's one thing to write a negative article, but it's entirely different to invest according to your recommendations. Generally speaking, if a person is not going to invest according to his/her analysis, the analysis is baseless.

    Just one observers opinion.
    Dec 11 01:13 PM | 14 Likes Like |Link to Comment
  • Apple Is Not Worth $460 [View article]
    It doesn't matter what you think Apple is worth; it only matters at what price Apple trades. You can kick and scream all you want, but Apple is $457/share and the technicals are still negative. Growth will likely slow significantly and margins will likely contract from here unless Apple releases another new, high margin product no one else will offer. A great company isn't necessarily a great investment. Too many people have fallen in love with Apple stock. There are plenty of other great investments out there.
    Feb 20 08:27 AM | 13 Likes Like |Link to Comment
  • September Nonfarm Payrolls: +114K vs. consensus +115K, +142K previous (revised from 96K). Unemployment rate 7.8% vs. consensus 8.2%, 8.1% previous. [View news story]
    @ anonymous#12: I think it's hilarious that in your profile it says you value entrepreneurship, which by the way you spelled incorrectly, and yet you support Obama who is turning our country into a socialist nation. "One of the best days in America's history"? Haha... this guy has to be a person on Obama's re-election team because that statement couldn't be any farther from the truth. So Obama's helping his supporters by boosting equities? How many low income people own stocks, especially since the depths of the previous recession? And the number of American's on food stamps recently hit 46 million, a record high. I don't think the 1% is using food stamps... Unfortunately it sounds like you will vote for Obama no matter what happens. Brainwashed...
    Oct 5 10:53 AM | 9 Likes Like |Link to Comment
  • Initial Jobless Claims: 386K vs. 365K consensus (prior week revised to 388K from 380K). Continuing claims +26K to 3.27M.  [View news story]
    Should I listen to bbro instead? Please oh wise one, let me know where I should put my money. ZeroHedge normally presents the information as it should be presented: the truth. They can be a little extreme in their opinions, but they present the information better than Reuters or Bloomberg or CNBC who just post the headline number and quote an analyst of their choosing. I don't think I'm the only one who believes this. I make investment decisions based on dissecting information from a lot of sources. It's ignorant to ignore the facts. However, "investing" in this market is a joke as every market is manipulated. I still have money in the game, but certainly not everything.
    Apr 19 09:03 AM | 9 Likes Like |Link to Comment
  • "The private sector is doing fine." Pres. Obama later clarified his odd remark - private sector jobs remain 4.6M below their Jan. 2008 peak - but noted their relative strength vs. public sector job growth shows it has "not been the biggest drag on the economy." His point was that the loss of public sector jobs, down ~600K in three years, is a problem "the federal government could, with 100% certainty, fix."  [View news story]
    Our current President is a moron. Sad, but true. The government can fix everything and anything according to Obama. Why do we need the private sector? Obama will just raise the debt limit and throw money at your problems at the expense of the taxpayer. Thanks!


    Terry: This has been the weakest post-recession jobs recovery in over 30 years. During President Obama's last 3.5 years he increased federal debt by approximately $4 trillion dollars (an unprecedented amount over a 3.5 year period). I'm glad all that money was well spent because our economy is booming now! haha. Not to mention all of his proposed government regulation which is causing companies to hit the brakes on hiring new workers. After companies cleaned house and fired so many people in late 2008 through mid-2009 it would be difficult not to have positive job growth in 2010 and 2011. Looks like his "strategies", if you can even call them that, aren't working.

    http://bit.ly/LwOIOt


    http://bit.ly/Mjq6ai

    http://bit.ly/MVnWAV
    Jun 9 09:07 AM | 8 Likes Like |Link to Comment
  • The Sole Apple-Beater: Samsung Electronics [View article]
    "But if we compare Apple's recently released 4-inch iPhone 5, which has received mixed responses from industry experts and consumers for lacking in revolutionary features, with Samsung's new 5.5-inch Galaxy Note II, with an improved S-pen and many new features, it seems there is little doubt about Samsung innovative strength."

    So Samsung made a bigger phone and added a stylus and because of this you think Samsung's innovation is strong?! Paalease. You will need many more examples than the weak one you just presented to justify Samsung's innovative strength and you don't need to go deep into Apple's product lines to justify its innovative strength. Btw, the iPhone 5 has received great reviews. I would appreciate sources to justify the "mixed responses". Since the reviews I've seen have been positive, I would like to see you post reviews that are negative from a reputable and respected source. Consumer response to the iPhone 5 is overwhelmingly strong too.
    Jan 4 10:25 AM | 7 Likes Like |Link to Comment
  • June Nonfarm Payrolls: +80K vs. consensus +100K, prior +77K (revised from 69K). Unemployment rate 8.2% vs. consensus 8.2%, 8.2% previous.  [View news story]
    Pretty good? We're already three years out of the recession and job growth is anemic and trending downward! This is the worst jobless recovery in decades. And don't forget, we also have trillions of stimulus and ZIRP to backup these numbers. No, these numbers are not good. They're awful.
    Jul 6 09:35 AM | 7 Likes Like |Link to Comment
  • Initial Jobless Claims: 374K vs. 386K consensus (prior week revised to 388K from 386K). Continuing claims +4K at 3.30M.  [View news story]
    We already know there is no recession at this time anonymous. You don't have to post a comment everybody already knows every time a statistic is released. How about posting some other stats to show that even though we're not in a recession, we're not in anything close to a cyclical upswing, like how business sales growth vs. inventory growth saw a negative crossover recently, retail sales growth has decelerated, industrial production growth has decelerated, economic growth is well short of the beginning of this year's lofty expectations and employment growth is anything but robust. This will help bring reality into the picture.
    Jul 5 08:54 AM | 7 Likes Like |Link to Comment
  • The BlackBerry Z10 (BBRY +1.4%) will hit AT&T store shelves on March 22, says Bloomberg - N4BB previously reported of a March 15 launch. Separately, Jefferies' Peter Misek, who upgraded shares on Jan. 18, says his checks indicate no Z10 inventory buildup, and that any price cuts are normal for a new smartphone. Pac Crest had reported different findings. [View news story]
    I'm excited to try out the new Z10. Should be a good addition to the U.S. smartphone market.
    Mar 8 09:42 AM | 6 Likes Like |Link to Comment
  • More on the late-day Fed leak: Officials have become impatient with sluggish growth and high unemployment, reports Jon Hilsenrath. MBS purchases, a pledge to keep rates low for longer, or even a move to push down nearly microscopic short rates even lower are among the choices available to the FOMC. Action could come at the July 31 meeting.  [View news story]
    Unfortunately those options will not spur any kind of meaningful growth for the economy. The market will probably get all excited for no reason and then fall back after it realizes this "monetary stimulus" is not doing much and hasn't for some time.
    Jul 24 04:25 PM | 6 Likes Like |Link to Comment
  • More on the Galaxy S IV: Samsung continues doing everything it can to differentiate itself via software, even as the OS and many of its core apps for its hardware are provided by Google (GOOG). The S IV features a text/speech translator (9 languages), the ability to transfer data from any phone witha PC's help, a health-tracking app that can leverage the phone's pedometer and sync with blood pressure monitors, and the ability to control home electronics via infrared. There's also Samsung's eye-tracking and touch-free gesture tech (as rumored). No kitchen sink just yet. (live blog[View news story]
    @Jack: You're delusional. Clearly you're an Apple fanboy invested in Apple stock and will dislike any non-Apple product no matter how great it may be because it's not Apple. Yes, it's that obvious. Unfortunately you're going to miss out; the S4 will be better than the iPhone 5 and likely the iPhone 5s. Competition in the smartphone market should be viewed as a positive for the consumer because ultimately it will yield improved products. What would be needed to wow Jack Baker? That's the real question. I don't dislike Apple products, but it's amazing how defensive some Apple fans can become when a competitor releases a product that potentially matches or is potentially better than a current Apple product. There are other smartphones on the market now that are just as good as the iPhone.

    Why are you in denial of recognizing or potentially utilizing other great smartphone devices? Are you that stubborn?

    The S4 release will certainly spell trouble for Apple in the near future.
    Mar 14 10:30 PM | 5 Likes Like |Link to Comment
  • Pac Crest's Chad Bartley is taking a hammer to his Kindle Fire estimates after supply chain checks indicate poor demand: his Q4 sales forecast has been lowered to 6M from 8M, and his 2013 forecast to 10.5M from 12.5M. For reference, IDC expects 172.4M tablet shipments in 2013. A silver lining: since the Fire line is sold at a loss, Bartley's 2013 Amazon (AMZN +3.1%) EPS forecast has risen by $0.10 to $2.70. Reviews (I, II) for the latest Fire models were lukewarm. Is the iPad Mini hurting sales? [View news story]
    The 16GB Wi-Fi only iPad Mini's gross margin is supposedly 43%.... No need to cut price as Apple sells every Mini produced.
    Dec 18 02:18 PM | 5 Likes Like |Link to Comment
  • Apple (AAPL): FQ4 EPS of $8.67 misses by $0.08. Revenue of $36B (+27% Y/Y) beats by $200M. 26.9M iPhones sold, 14M iPads, 5.3M iPods. Shares halted. (PR[View news story]
    Don't forget the unending calls that the stock is significantly undervalued and any decline is a buying opportunity.
    Oct 25 04:49 PM | 5 Likes Like |Link to Comment
  • September Nonfarm Payrolls: +114K vs. consensus +115K, +142K previous (revised from 96K). Unemployment rate 7.8% vs. consensus 8.2%, 8.1% previous. [View news story]
    @kmi: The definition of socialism is an economic system which is substantially controlled by the government and government intervention within the system is prevalent. When I said “turning our country into a socialist nation” I was referring to the idea that we are moving in that direction away from a 100% capitalistic society. Bear that in mind as I list my reasons as you so kindly requested. 1) Welfare, including food stamps and government reliance, is at an all-time high. 2) Government regulation is getting way out of hand and exorbitant. 3) Government spending programs, most of which is wasteful in my opinion, have only increased in both breadth and depth since Obama took office. 4) The newly enacted healthcare law that requires all American's to have insurance and increases the governments influence in the healthcare system. 5) Obama's ideas surrounding income redistribution through higher taxes only on the rich. Obama is chastising the rich as bad people and trying to redistribute money from the wealthy to the poor. I’m not sure there are many other ways the government can engage in socialist activities than the ones outlined above except for intervention through majority equity ownership. We will never be a pure socialist society, but the meddling of the government in business and business activities needs to diminish.

    The issue here is that Obama thinks the government can solve any and every issue. That is my point. Is that sufficient to appease you?
    Oct 5 12:10 PM | 5 Likes Like |Link to Comment
  • Initial Jobless Claims: 374K vs. 370K consensus, 374K prior revised (prior week 372K). Continuing claims +9K at 3.32M[View news story]
    The U.S. is not in a technical recession defined as two consecutive quarters of negative GDP growth. The Fed is only helping the rich by temporarily boosting the stock market and the government is enslaving the lower middle class and lower class through record high welfare programs. Who would go back to work if you could make just as much money by sitting at home doing nothing? It's a disincentive to work. By the way, the unemployment rate for people with a bachelor's degree and higher is by far the lowest among education levels (approx 4% in a declining trend).
    Aug 30 09:05 AM | 5 Likes Like |Link to Comment
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