Seeking Alpha

MexCom

MexCom
Send Message
View as an RSS Feed
View MexCom's Comments BY TICKER:
Latest  |  Highest rated
  • Warren Buffett's Berkshire Hathaway Holdings [View article]
    Excellent rundown but what ever happened to GEICO? Did he fire the Gunny?
    Feb 17, 2011. 01:29 PM | Likes Like |Link to Comment
  • January Retail Figures Not Surprising; Buffett Bails on Bank of America [View article]
    Buffet was wise to lighten up but that's old news. His Marine Gunny from the GEICO ad gave him some recent advice. "You cry baby, buck up and get some self confidence. Now's the time to buy."
    Feb 17, 2011. 12:23 PM | 2 Likes Like |Link to Comment
  • Why Buffett's Right About Bank of America and What to Do About It [View article]
    Buffett is a cry baby. He should take the advice from his GEICO ad - "What we need is build you some self confidence - you cry baby!"
    Here, have a tissue.

    In the end - he's going to find that a buy and hold strategy from the time he sold will win out for the long term. Then the crying will start again when they fire up the dividend by year end, LOL.
    Feb 17, 2011. 12:17 PM | 2 Likes Like |Link to Comment
  • What Are Big Investors Doing With Bank of America? [View article]
    BAC - He's the guy that runs all those ridiculous Geico ads and I haven't seen the best one run in several weeks now - The Marine Gunny analyst. Buck up Warren you cry baby. You now what we need, we got find you some self confidence!
    Feb 16, 2011. 11:33 AM | 2 Likes Like |Link to Comment
  • 6 High-Yielding Electric Utilities for Consideration [View article]
    The sector has been out of favor for some time now but is overdue for a rebound. Your recommendation may be timely. For Utilities in general , I would avoid those in the North East - Potomac Power and BG & E. During the winter snow storms they are being criticized for not restoring power in a timely fashion and the press is full of analysis of the high dividends being paid and high executive salaries with only small investment to modernizing and maintaining distribution systems. Politicians will be sour to allow rate increases based on this performance.
    Feb 15, 2011. 12:59 PM | 3 Likes Like |Link to Comment
  • 18 Stocks on the 52 Week Low List Ready to Pop? [View article]
    I took a good look at TSTY and wonder why you put it on your list. Are you arbitrarily only doing stock screening to meet your bottom fishing criteria? They are consistently losing money, ventured out on a new costly plant construction and the balance sheet is in terrible shape. I've read BB comments saying the dividend is about to be cut and there is hardly any stockholder equity left. They also are under competition from some better capitalized larger companies and may have difficulty raising prices in the face of increased commodity costs.

    Stock screening is a good way to start looking at stocks that fit a criteria that you feel could possibly beat the market but you have to look at the man behind the curtain.
    Feb 15, 2011. 11:37 AM | Likes Like |Link to Comment
  • 18 Stocks on the 52 Week Low List Ready to Pop? [View article]
    TSTY - Bottom fishing can be very painful. I am only familiar with one company on the list TSTY. I used to buy their cup cakes when I was a kid for a nickel for a package of 3. They are probably down on the fear of commodity price increases but they have an excellent history of increasing their prices. I haven't bought any lately but I assume the same package is probably 10-15 times more.

    As a prices paid statistician for USDA when we used to price household goods, I noticed that packaged bakery goods did an excellent job in keeping up with inflation. Catching TSTY in a down cycle may be a very good catch. I have to investigate it some more before I make a decision to go after this fish.
    Feb 14, 2011. 07:00 AM | Likes Like |Link to Comment
  • 18 Stocks on the 52 Week Low List Ready to Pop? [View article]
    I've been in WGO several years ago and got out before the big decline. Much going against it - mainly high gas prices and the poor economy. Also the proposed finance of second homes where the big ones qualify for tax write-offs - if that gets killed along with rising interest rates it can have a tough time to rebound. But I'll take a second look at it.
    Feb 14, 2011. 06:46 AM | Likes Like |Link to Comment
  • Why True Diversification Is Important [View article]
    I comment frequently on MSB, have been trading it for over 2 years now and this attracted me to your post. I do not have this as my "largest" US position. Its simply not investment grade enough to warrant too much exposure.

    You have done well in selling some at 56 - I did make a sale slightly lower but in a strategy to limits my risk exposure and protective of the profits already gained.

    Could you share your trading strategy on it?

    Mine is to currently to maintain a constant dollar value position - this has required me to make 3 purchases on the way down. My next buy point is 30. Sell point 37.50.

    Originally my intent was to keep it as a good dividend earner and an inflation hedge with iron ore prices being bid up.
    Feb 13, 2011. 05:38 PM | Likes Like |Link to Comment
  • The Impending Collapse of the 30% Premium for EGPT [View article]
    That's almost impossible to do, figure out the value of the underlying securities and also take into consideration the foreign exchange difference of a variable portfolio, LOL. The people managing the fund have all the cards in their hand, the buyer of the ETF is completely blind.

    But I guess Egypt is a good stable growing economy to invest in, LOL. They are apt to overthrow the next government as well. Good trustworthy people to invest with, LOL. Hey kid wana buy shares in my pyramid amusement park.
    Feb 13, 2011. 07:55 AM | 1 Like Like |Link to Comment
  • Disagreeing With the Market: Cisco Is Still Undervalued [View article]
    Baby boomers are going to need more income and hanging onto a non-dividend stock may not be the thing to do for them.
    The need to pay dividends is going to have more influence in making investment decisions during the next few years.
    Feb 13, 2011. 07:38 AM | 1 Like Like |Link to Comment
  • Disagreeing With the Market: Cisco Is Still Undervalued [View article]
    CSCO has a huge capitalization approx 20 times that of JDSU. They are in different types of hardware. CSCO will be a continuing force for the expansion of the internet. Obama wants Gov support to expand broadband. ISPs will continue to expand their demand for hardware.
    Feb 12, 2011. 02:24 PM | 1 Like Like |Link to Comment
  • The Impending Collapse of the 30% Premium for EGPT [View article]
    Its amazing to me how such a small capitalization is getting so much attention. MSNBC all day Thursday and Friday were giving quotes on it just about every 10 minutes it seemed. What a waste of time, no intelligent investor would touch it.

    It can be easily manipulated and now can't legally be shorted unless a broker has an inventory or from customer accounts with it on margin. How many times it's asset value has it been bid up to already? The market in Egypt is slow to open and speculators not knowing exactly what it is could get snookered by just following a trend that can easily burst.

    When I was in Omdurman at the sook 25 years ago, I was offered General Gordon's sword for the equivalent of only $10. And, the Arab merchant swore to its authenticity. Who is backing this fund? Hey kid, wana buy a pyramid?
    Feb 12, 2011. 02:13 PM | 1 Like Like |Link to Comment
  • Disagreeing With the Market: Cisco Is Still Undervalued [View article]
    I don't own it but have my eye on it. I may have to wait to see if a dividend is declared but that may shoot it up.
    Feb 12, 2011. 07:47 AM | Likes Like |Link to Comment
  • Disagreeing With the Market: Cisco Is Still Undervalued [View article]
    CSCO is getting a lot of comment today. Big hit draws interest. A great company but the hot money hit the exits. "Dead money" is a frequent comment on the message boards. Look past the recent decline we have a great company here worthy of a good second look. I need to see what they have to say about using that cash.
    A dividend would also show confidence. This one has a long way to go to get beyond today's down grades. Bottom fishing could be painful.
    Feb 11, 2011. 11:49 AM | 2 Likes Like |Link to Comment
COMMENTS STATS
3,053 Comments
2,927 Likes