Seeking Alpha

Salieri

Salieri
Send Message
View as an RSS Feed
View Salieri's Comments BY TICKER:
Latest  |  Highest rated
  • Molycorp: 4 Reasons To Take That $1B Intangible Asset Write-Off Now [View article]
    USD 1 bln seem a bit too much, it assumes no value to the acquired business. You pointed out correctly that a write down could be expected given the decline in rare earths since the time of the acquisition but to write it down to zero will not happen. The new CEO nicely kitchen sinks everything the only thing is he should have done it all in once. That the share price moved down to the issue price is no surprise at all as is was a free for all short ride, now comes the difficult part have you missed your entry point by waiting for the earnings release and the conf call ??
    Feb 28 12:48 PM | Likes Like |Link to Comment
  • Cramer's Lightning Round - Aqua America Is Starting To Roll (2/22/13) [View article]
    funny he is short himself and needs to bash it now and than in order to get performance, stupid as it will trade close to the issue price which was $6.
    Feb 26 08:41 AM | Likes Like |Link to Comment
  • Europe closes a wild day higher across the board, but sharply down from earlier levels. Stocks popped at the open following Friday afternoon's rally stateside and then soared after early polls showed Italians voting in a Brussels-friendly way. Later results, however, showed just the opposite. In the European tradition of making them vote until they get it right, another election could be in the offing. Stoxx 50 +0.8%, led by Germany +1.4%. After being up about 4% earlier, Italy +0.5%. Also up sharply early, the euro -0.2% to $1.3164.  [View news story]
    making them vote until they get it right...they have learned from the US where the house and senate have a different majority and hence they have opted for the same solution: nothing changes with such an outcome and they can just like the US kick the can down the road
    Feb 25 12:07 PM | Likes Like |Link to Comment
  • Molymet Increases Its Stake In Molycorp, Buyout Chatter Ensues [View article]
    thanks SE like the discussions we have, sharpens the mind.
    Feb 7 09:57 AM | Likes Like |Link to Comment
  • Molymet Increases Its Stake In Molycorp, Buyout Chatter Ensues [View article]
    No I do not think that Molymet acted irrationally, if they see a great potential in the longer term when the world economy really starts growing again, there stake could be worth much more than at current prices. Also as most of the juniors in the rare earth segment are dying as they are not getting any funding hence we have a consolidation in the industry and maybe, I can not look into the future, MCP will benefit from that trend.
    Feb 7 09:48 AM | Likes Like |Link to Comment
  • Molymet Increases Its Stake In Molycorp, Buyout Chatter Ensues [View article]
    Q4 is priced into the market and so is a poor first half 2013 as it was already pre-announced by the company, hence today's upgrade from JPM to a hold from sell, albeit with a price target of just $6. The stock market discounts future earnings, if there are any...We will never know the intentions of Molymet maybe they have a better insight than most analyst who cover the stock. If Molymet would be interested in acquiring MCP which I doubt, they should have made the bid when the shares were offered at $6 in the latest share offering plus a premium. Does not matter though, as a take over, if it ever happens, will come from one of the big US or UK mining companies.
    Feb 7 09:34 AM | Likes Like |Link to Comment
  • Molymet Increases Its Stake In Molycorp, Buyout Chatter Ensues [View article]
    May I just remind you about the comment wrote by Jack Lifton, an authority when it comes to rare earth metals, under your article on impairment. You are just writing to quickly another comment on MCP when there is nothing to report, lets wait for the earnings release and subsequent conf call to see what the new CEO has to say, the market already knows about a poor quarter and a lower first half 2013.
    Feb 6 01:48 PM | 2 Likes Like |Link to Comment
  • Molymet Increases Its Stake In Molycorp, Buyout Chatter Ensues [View article]
    No need to become cynical
    Feb 6 12:20 PM | Likes Like |Link to Comment
  • Molymet Increases Its Stake In Molycorp, Buyout Chatter Ensues [View article]
    Its obvious that a bid from Molymet would not be acceptable to the US Government as I wrote before it needs to be one of the big mining companies in the UK or US who could snap it up at a bargain. Do not think that the US would block that.
    I would be careful in writing articles on special request before you know it you are writing on behalf of a hedge fund who is short the stock and could not participate in the secondary offering and hence missed the $6 short covering opportunity.
    Feb 6 12:16 PM | 1 Like Like |Link to Comment
  • Molymet Increases Its Stake In Molycorp, Buyout Chatter Ensues [View article]
    Be serious the last article you wrote with all this information was on the 25 th of January anybody could look it up as there are not that many articles on MCP. More than welcome to help you out when needed.
    Feb 6 11:43 AM | Likes Like |Link to Comment
  • Molymet Increases Its Stake In Molycorp, Buyout Chatter Ensues [View article]
    No value added in this article its a copy paste of previous comments made by the author and a repeat of arguments of others, should not be published on this site.
    Feb 6 06:11 AM | 1 Like Like |Link to Comment
  • Are Molycorp's $1 Billion Intangible Assets Impaired? [View article]
    Jack, please to see your comments as you as always provide value added arguments to the discussion.
    Feb 1 06:16 PM | Likes Like |Link to Comment
  • Molycorp: Price Target $3.50 - $6.10/Share Due To Asset Impairment Risk [View article]
    Oh were they there were recent buys by the former CEO and the legal officer in the midst of the SEC investigation. Maybe you should do your homework.
    Jan 29 03:34 PM | Likes Like |Link to Comment
  • Molycorp: Price Target $3.50 - $6.10/Share Due To Asset Impairment Risk [View article]
    The banks leading the offering can hardly be blamed for the price of the new shares, institutional investors tell them at what price they are willing to buy. Soon we will see an upgrade from GS, the squid, who is now happily involved with MCP. When that happens you will see another spike in the share price. MS has always been there since the beginning and had a buy rating until the SEC investigation hit the tape, and subseqenlty lowered to a hold which is meaningless for MCP its either a buy or sell. JPM is not involved hence there sell rating, that is how it goes on the Street.
    Jan 28 01:18 PM | Likes Like |Link to Comment
  • Apple Is Now Cheaper Than Dell, Hewlett-Packard [View article]
    Missed a lot of sales that are not coming back, I know I Mac's are no longer a huge part of Apple's revenues or profitability but do you really think that anyone who wanted to buy the new I Mac and waited for the upgrade, announced in October, will spent his $1500 or more on a windows 8 computer ? If you can find any at that price. Its just a simple example but its valid. Another argument in favor of Apple's future sales is that its products are finally making progress in the corporate world and I do expect another boost from that channel in the future as well. As I stated earlier in my comment its not I Mac that drives the majority of revenues and profits its mobile, be it I Phone or I Pad and we will soon here news from that field as well. Hyped and now unloved its that simple, who will catch the falling knife the Street or the company itself ?
    Jan 27 03:25 PM | 2 Likes Like |Link to Comment
COMMENTS STATS
76 Comments
33 Likes