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  • Ebix: Better Timely Than Good  [View article]
    Great article. Thanks! I'm taking a similar position to yours. Cheers.
    Jun 24, 2013. 02:14 PM | 2 Likes Like |Link to Comment
  • Equity CEFs: Is It Time To Overweight The Option Income Funds?  [View article]
    Hi, Douglas. I've read your articles with enthusiasm. I decided to start a long term position on EXG. I would like to know what is your perspective on this fund. Thanks for all your articles. Greetings.
    Apr 6, 2013. 01:51 PM | Likes Like |Link to Comment
  • Corning: A Glass Definitely Half Full  [View article]
    Nice detail the final sentence on Ben Graham.
    Feb 7, 2013. 11:02 AM | Likes Like |Link to Comment
  • Gorilla Glass Continues To Power Corning  [View article]
    And also, the decline in LCD prices is expected to calm down this year.
    Jan 30, 2013. 12:35 PM | Likes Like |Link to Comment
  • Aircastle Limited: Significantly Undervalued At 6x Earnings, Sports A 6.0% Dividend Yield  [View article]
    Great observation. I know you ask the question Why does this happen? But, do you think that it would have to do with the FCF figures shown above?
    Dec 13, 2012. 12:54 PM | Likes Like |Link to Comment
  • Mexico Could Be The New China  [View article]
    What a great prejudice you have.

    Mexicans are hard working people, the only real problems are bureaucracy and mafia. Just as in China.

    About the statement "former masters" I think it is disdainful. It would be like saying that the englishmen and the japanese are the chinese former masters.

    It sounds as if you repeated every stereotype about Mexico that the tv fed you.

    Dec 13, 2012. 11:52 AM | 5 Likes Like |Link to Comment
  • Aircastle Limited: Significantly Undervalued At 6x Earnings, Sports A 6.0% Dividend Yield  [View article]
    Thanks for your answer. Nice article.
    Nov 30, 2012. 04:34 PM | Likes Like |Link to Comment
  • Aircastle Limited: Significantly Undervalued At 6x Earnings, Sports A 6.0% Dividend Yield  [View article]
    Could you comment more on the FCF over the past 5 years and its prospects?
    Nov 30, 2012. 12:54 PM | 1 Like Like |Link to Comment
  • Mexico Could Be The New China  [View article]
    That is an exageration. Trust me. There are also good jobs in Mexico. As I said, it is not one extreme or the other, Mexico is in the middle. Not all the states here have living standards as those in the rest of central america, some have good development indicators. The violence is concentrated in the north mostly and most of the states do not have extreme violence. As I said some lines above... it is a 2nd world country.... going up, slowly.
    Nov 29, 2012. 05:03 PM | 1 Like Like |Link to Comment
  • Mexico Could Be The New China  [View article]
    As a Mexican I can tell you that:
    1) Buying EWW is not putting your money in Mexico, it is putting your money in a bundle of monopolies with great moats in the country that control a market of more than 100 million people in their respective fields.
    2) These huge enterprises do not have significative problems with drug cartels.
    3) They have great influence in local politics.
    So having said that, I hope that clarifies what you would be buying.
    On Mexico I can tell you that it is a country that advances slowly with great dependence on the USA. If the USA gets cold, we get pneumonia, if the USA gets strong, we become superman. But it advances either way and 3 last administrations have been focused on improving market regulations, transparency, security and welfare. The results are mediocre, not bad and not as good as you would like them to be.
    When you have monopolies controlling a significant portion of their respective markets, mediocre is enough to generate a nice 20% or more earnings increase year over year with nice FCFs.
    This country is far from perfect, far from developed and also far from living conditions in China, poor countries in Asia and Africa. Not 1st world, not 3rd world.. but 2nd.
    Greetings to all of you.
    Nov 29, 2012. 01:43 PM | 7 Likes Like |Link to Comment
  • Are we seeing a repeat of Yelp's lockup expiration? Facebook (FB +9.7%) has shot higher even though 773M shares and 31M restricted stock units are eligible for sale for the first time. Short-covering is undoubtedly a factor, but Pivotal Research claims many institutions were waiting for the expiration to arrive to jump in. One potential risk: unlike Yelp, Facebook's expiration isn't centered around just a handful of insiders owning large stakes, but is spread out over many employees and investors.  [View news story]
    This makes no sense at all... but then... Wall Street does not make sense at all! Who would buy shares on this day? The float will nearly double, the company is extremely overpriced, they will loose a lot of money because of the RSUs and all the hype created by the last quarter results are just that: 3 months of information.
    Nov 14, 2012. 11:42 AM | 3 Likes Like |Link to Comment
  • A Complete Benjamin Graham Analysis For Facebook  [View article]
    Serenity, great article. I did check your page but I did not info on AEG and AYR. Any comments om them that you could kindly give?
    Nov 13, 2012. 09:05 AM | 1 Like Like |Link to Comment
  • A Complete Benjamin Graham Analysis For Facebook  [View article]
    I really would not call those results spectacular. Also known news is that for this quarter even though revenue was higher, they are still loosing money and they will continue to do so with the RSUs. Another issue to consider is that those results on mobile only cover 3 months, so that's hardly an indication on where the company is heading.

    I agree with you that shorting is a speculative move, but I would add as well that going long at these price levels is guessing as well. I bought december puts (certainly not what Graham advises and speculating) and we will see what happens. Greetings and good luck.
    Nov 12, 2012. 07:25 PM | 1 Like Like |Link to Comment
  • Facebook Remains A Short As New Products Send Costs Soaring  [View article]
    inkyx: I think that the articles you mention focus mostly on saying that FB is not yet a good investment, even with 1 billion users. On the other hand, as you mention, if you know how to ride the waves, it is a great speculative stock to trade.
    Oct 25, 2012. 02:37 PM | Likes Like |Link to Comment
  • Facebook Q3 Earnings Recap: Solid Results, Mixed User Engagement  [View article]
    Given this results and the share lock-ups expiration dates coming soon, what do you expect in relation to the share price?
    Oct 24, 2012. 12:03 AM | Likes Like |Link to Comment