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  • Winnebago Industries - Short-Term Headwinds, Long-Term Appeal [View article]
    Labor report today has spiked interest rates higher. This would increase finance costs for RV's. Large blocks were being dumped today

    In actuality, with rates not as yet going up my bet is - if they where to start rising for the finance of these vehicles, there will be a rush to buy before they go higher. With the usual summer demand and more lower cost products - I expect to see a record sales volume for this quarter. I sold most of my position last month but looking today to start a new position in my IRA account before the end of the day. $WGO.
    Jun 5, 2015. 02:37 PM | Likes Like |Link to Comment
  • Why Investors Shouldn't Be Worried About American Airlines' Traffic Dip [View article]
    Too much here has not been analyzed. Age of the fleet. Airport congestion limiting boardings and overall travel efficiency. Fuel costs probably the biggest volitile variable to consider - this has provided the major cause of volitility in the stock price. My hedge is a position with WLL that got hit hard in their new issuance of shares - Bakken shale oil is easier to refine for airplane fuel.
    Apr 14, 2015. 08:51 AM | 1 Like Like |Link to Comment
  • Bank Of America: Panicked Investors Are Missing The Big Picture [View article]
    $ BAC One man's dismay is another's opportunity. The institution remains solid and efficiencies continue. I too am dismayed at the recent stock performance and have no need to hold a major position at this time. What is needed is a dividend increase to make it an investment holding as before the economic collapse in 2008. My speculation on the B warrants too looks dismal but at today's price would be a great $2 bet that the stock will reach into the 30's by 2018. EOY tax loss selling continued into 2015 to make expectations dismal but some stability is now being realized from the recent fall.
    Jan 21, 2015. 05:19 AM | 1 Like Like |Link to Comment
  • Bank Of America: Panicked Investors Are Missing The Big Picture [View article]
    They have been able to spin off assets at higher prices than what has been carried on the balance sheet in the past. Real estate assets have been increasing in value and they too are at a lower than market price on the books.
    Jan 21, 2015. 05:11 AM | 1 Like Like |Link to Comment
  • Mesabi Trust declares $0.64/unit distribution [View news story]
    $MSB - No mention about the CLF divesture in Canada. They may be relying more on the MN iron range. If so with increased auto production from lower fuel prices and construction spending still on from continued low interest rates - I expect a 10% probability of 60/share by mid-2016 but a more sure of a double within 6 months.
    Jan 19, 2015. 09:10 AM | 3 Likes Like |Link to Comment
  • Why Low Oil Prices Are Not The New Normal [View article]
    The rigs are being destroyed? Mothballed maybe. There are more cars on the road than ever before. And more motor bikes in China than ever before. Oil consumption is increasing. The world will continue to increase oil consumption in the near future. So why the price drop?

    Supply! There is more oil than ever dreamed possible and it will continue to increase in the short run.

    If the price is declining and the trends remain negative, I believe suppliers will try to unload their inventories as fast as possible to catch the current high price before it goes lower. Try to unload as much as possible as fast as possible. $30/bbl. $20/bbl? Who knows how low can it go?
    Dec 24, 2014. 06:09 PM | 3 Likes Like |Link to Comment
  • Update: Winnebago Earnings Show High Demand But High Costs [View article]
    I added yesterday with my additional shares closing higher. Excellent buying opportunity but the price swings makes me reluctant to make it a major weight in my portfolio. I'm holding my LT position for charitable donations where the tax savings are greater than what I paid for the stock only 2 years ago in addition to recouping my entire investment. No capital gains tax to be paid and more cash in my pocket, LOL.
    Dec 19, 2014. 07:45 AM | Likes Like |Link to Comment
  • Low Oil Prices Translate To Big Profits For American Airlines [View article]
    As the largest airline AAL has much going for it. Fuel costs are an advantage but the large consuption and the extensive hub network makes it a potential opportunity to not need to hedge their inventory. Not all fuel purchases are at the same time but as the price declines, they are going to pay less. Smaller carriers hedge their inventory which entails futures contracts that are not purely comparable becuase of delivery point and the cost of margins and commissions on the trades. For the airline fuel play, my bet is on AAL.
    Dec 1, 2014. 01:59 PM | Likes Like |Link to Comment
  • What's Next For Bank Of America [View article]
    $BAC - I don't think you really care at all about the action to be currently taken with regarded solutions toward BAC. I'm inclinde from this bullish tone to hold my current position and see what happens as this continues to be my largest holding. I'm also long on the B's and have had sell orders in at the mid .90s range. Bad news can hit at any time and I'd add to the B's in the mid .70s. $BAC
    Aug 30, 2014. 06:05 PM | 2 Likes Like |Link to Comment
  • State Of The Airlines: Legacy Carriers [View article]
    When it comes to fuel, you need to look at the plane capacity/seat miles/gal ratio. Fuel prices are hedged and the larger carriers have the advantage in swinging deals with larger hubs locking in better volume prices. The carrier with full planes, longer routes with more modern aircraft are a sure winners. Airline stock volatility still seems to follow volatility in oil prices. Dips are the time to buy but this limits my interest. The AAL dividend makes my current position a keeper however.
    Jul 27, 2014. 05:00 PM | Likes Like |Link to Comment
  • Bank Of America Is Still An Attractive Pick [View article]
    I make no personal recommendations and am highly accurate!
    Jul 25, 2014. 08:41 AM | Likes Like |Link to Comment
  • Buffett Backs Bank Of America [View article]
    All the numbers are inaccurate. The book value is understated. This was proven in the Q report where real estate sales produced a profit over what was carried on the books. Not all bonds on the books are marked to market during a rising market price currently.
    Jul 18, 2014. 06:49 AM | 2 Likes Like |Link to Comment
  • Is Bank Of America The Best Banking Pick? [View article]
    This will tell the tale -
    Jul 17, 2014. 08:38 AM | Likes Like |Link to Comment
  • Earnings Preview: Bank Of America Q2 2014 [View article]
    The insider ratio of sales last 12 mos. vs holdings at .0003% of the float is significant at approx. 1/4 of their holdings. But, there is a continuous flux of acquired shares and transfers to other family members. BAC insider holdings in general is extremely small in comparison to most companies listed on the NYSE.
    Jul 15, 2014. 06:31 AM | 2 Likes Like |Link to Comment
  • Earnings Preview: Bank Of America Q2 2014 [View article]
    Don't mess wid da Finger. Sour grapes strategy continues?
    Jul 15, 2014. 06:15 AM | Likes Like |Link to Comment