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Salieri

Salieri
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  • Avoid Molycorp: Substantial Inventory Write-Off Imminent [View article]
    Stock Exchange is like the management of Molycorp slowly bringing the bad news instead of kitchen sinking the whole thing at once.
    Mar 4 02:58 PM | 3 Likes Like |Link to Comment
  • 7 Commodity Stocks Moving On News [View article]
    MCP nice gain today article in Barron's coupled with Chinese rare earth export quota.
    Jan 7 12:06 PM | 3 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
  • 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
  • Molycorp: Why A Chinese Takeover Will Never Happen [View article]
    Its quite obvious that Chinese will never buy Molycorp its stating what anyone with some common sense knows. Its strategic to US national security. More important would be if a bid would come from one of the big mining companies like Rio Tinto, Xstrata or even Glencore. The US Government would not oppose such a deal. The commentators who came up with the likes of Japanese car manufacturers and or Chinese companies do not understand that they would never be interested in buying and building conglomerates as that was something of the seventies from the previous century. A take out by a big mining company can never be ruled out.
    Jan 22 01:30 PM | 2 Likes Like |Link to Comment
  • Wells Fargo Earnings: A Case Study On The Institutional Dynamics Of Wall Street [View article]
    The market always tends to focus on one item in a an earnings release which is for a bank even more stupid as they are complex animals to understand let alone forecast. Given the current low rates and the huge inflow of deposits WFC had there was some more pressure on the margin. I do not worry about this at all as the yield curve is already steepening since November and the banks will eventually profit from that. If the market trends higher next week so will WFC and nobody will talk about the margin. Sometimes its better to turn of the screens and pay not attention to all the noise. News is what I want not noise.
    Jan 13 10:56 AM | 2 Likes Like |Link to Comment
  • Approaching The Fiscal Cliff As A Nash Equilibrium [View article]
    Good article thanks a lot
    Dec 30 08:06 AM | 2 Likes Like |Link to Comment
  • Molycorp: 2 Reasons Why Forbes' 'Put Selling Strategy' Could Be Catastrophic [View article]
    SE writes bearish articles on request, discloses a long position after the shares have gone up 30% while posting days before the event that he is short by owning puts. Is short the S&P since two or three months, the June series which are so far out of the money that the market needs to tank to make it work and probably writes an article in the next few days that he made a bundle on a straddle... Seeking Alpha discredits itself by letting this all happen and should ban the author.
    May 30 07:01 PM | 1 Like Like |Link to Comment
  • Molycorp: Are Debt Covenants The 'Smoking Gun?' [View article]
    1. SE wrote an article on MCP some time ago and only later he admitted that wrote it on request, nothing to do with this article all to do with the author.
    2.Today Jim Cramer is not allowed to own stocks but in the past he was accused of unethical trading running portfolio and using Smart Money magazine to enhance his returns. Not so nice...
    3. No comment
    4. Asian political turmoil your comments show you are not aware of it and I did not state shorting is bad during bull markets only stating that short interest is up and not responsible for the shares being up for the last 6 days or so as SE claims.
    Apr 28 07:12 AM | 1 Like Like |Link to Comment
  • Molycorp: Are Debt Covenants The 'Smoking Gun?' [View article]
    An author writing on request should only be allowed to publish his views on this site when he clearly states this above the article. Its like Jim Cramer who is short a stock and than goes out on CNBC telling the sheep to avoid and sell the shares. I am still utterly surprised that there are no basic rules in the US jurisdictional system covering these conflicts of interest.
    MCP poorly managed and too aggressive in acquiring assets got stuck in a market which collapsed due to a fundamental rule of capitalism, returns high = capital will eat away excessive returns. The rest is humbug, author who wants a $1 bln write down so that company no longer needs to amortize the goodwill as it will support cash flow. Some magical percentage of assets and covenants that drives write downs etc etc.. Its all beyond the point. Will Lynas survive after the Malaysian elections, will China and Japan make a mess over Senkaku . Will the Chinese reduce rare earth exports ? Will China be able to rebalance their economy from export led to consumer led and how will that influence demand for rare earth metals going forward ? When the stock market is close to or at its peak, why as SE claims, would short selllers close their positions ? Its another wisdom he claims but the latest Nasdaq data suggest an all time high in short interest of 45.6 mln shares as of the 15 th of April. More news please less noise....
    Apr 26 07:47 PM | 1 Like Like |Link to Comment
  • Molycorp: Recent Capital Raise Poses Reputational Risk [View article]
    Obviously not its a lousy argument to start talking about rep risk after what has happened over the last six months, your previous post although too aggressive, as I stated in my comments, were of more value added that this one. You are stating the obvious which is already well known to the Street. Why not write if there is a possibility for the company to refine heave rare earths and if they can do a deal with a miner who will supply them, or the risk that at this share price someone will take them out which the shorts will not want to hear. The downside is well documented try to think out of the box...
    Apr 17 04:57 PM | 1 Like Like |Link to Comment
  • Molycorp: 4 Reasons To Take That $1B Intangible Asset Write-Off Now [View article]
    Interesting conf call I expected more negatives given all the bad news which was pre released but if they can get the cost level to $6 to $7 per kg in the second half of the year, its a real low cost producer. But there are some ifs to get there. SE should just acknowledge that he was way to aggressive in his assumption that a $1 bln write down on goodwill was coming plus some more for inventories as well. The accountants signed this report and the SEC probably as well as we did not really hear anything about the SEC did we ? I missed the first part of it.
    Mar 15 02:00 PM | 1 Like 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]
    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]
    If you do not know the operating earnings of the acquired entity how can you write they will need to impair ? The equity needed has nothing to do with the acquisition of Neo but with the fact that there is more capital investment needed for the ramp of the mine and its refining operations. So that argument fails to support an impairment. My opinion is that your article is highly speculative and that you should have stated that either in the conclusion and or in the summary.
    Jan 24 04:42 PM | 1 Like Like |Link to Comment
COMMENTS STATS
76 Comments
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