Seeking Alpha


Send Message
View as an RSS Feed
View poortorich's Comments BY TICKER:

Latest  |  Highest rated
  • MasterCard: My No. 1 High Conviction Growth Stock [View article]
    The retailers on their own cannot get MCX off the ground. With the help of Chase Pay maybe it has a chance. Do i think it will gain traction? Probably not. It has too much friction for the customer.
    Oct 30, 2015. 12:08 PM | 2 Likes Like |Link to Comment
  • What I Would Pay For Facebook [View article]
    Is FB overvalued? Look at its moat and the potential reach of its power. It knows more about you than any other company in the world. Ive been through the internet bubble. There has been no other company with as much far reaching power as FB. It holds its users captive far better than other companies.
    I can easily see FB as the first trillion dollar company in the world within 10 years.
    Oct 29, 2015. 11:59 PM | 6 Likes Like |Link to Comment
  • Visa's USAA Win Is Another Huge Blow To Competitors [View article]
    The payment space is getting very interesting. V gaining another customer on the service looks like a win. However, when one looks under the hood, that may not be the case long term. In order to maintain a duopoly, the two companies need to be frienemies. If it's a race to the bottom, often times there are no winners.
    V and MA need to be careful here. The moat they have is still substantial, but not like what it was before. The last thing they want is to be played off each other by banks/retailers.
    Lastly, they really need to keep an eye on all these new payment systems (Amazon, Applepay, Samsung pay, ChasePay). The day using a phone becomes more convenient than using plastic is the day you need to be very careful as a V/ma shareholder. Keep a close eye on FB.
    Oct 26, 2015. 10:28 PM | Likes Like |Link to Comment
  • Under Armour: Fads Tend To End Badly [View article]

    Spot a trend. What is popular with the young generation. Ask yourself how long the trend will last and what companies are involved in it. It is helpful if you can actually try out the product or service.
    Oct 26, 2015. 06:21 PM | Likes Like |Link to Comment
  • Is Visa Stock Worth Considering Right Now? [View article]
    Hey Timmie

    Yes, ApplePay does use Visa. It also uses MA etc. That was the only way ApplePay had a shot at gaining a foothold in mobile payments.
    Now think about this for a moment. What if the adoption of ApplePay really takes off and 97% of merchants use it.
    What if Apple tells V/MA we dont need you anymore? We will do it ourselves. You could think of Applepay as a Trojan horse. Plausible outcome? This bears watching.
    BTW I own MA
    Oct 12, 2015. 12:57 PM | Likes Like |Link to Comment
  • Is Visa Stock Worth Considering Right Now? [View article]
    Its important to keep an eye on Applepay, SamsungPay and Android pay. You want them to all flop if possible. You also dont want a situation where as the adoption of the mobile payment system increases, one dominants.
    Oct 11, 2015. 04:45 PM | Likes Like |Link to Comment
  • Under Armour: Fads Tend To End Badly [View article]
    I love how Plank operates. He is always 2 steps ahead of the competition. UA is increasing becoming a tech company (without losing focus on its orgin....selling apparel). If he can transform his company from a pure apparel company to a lifestyle brand company, this company will grow even more.
    Oct 10, 2015. 04:06 PM | Likes Like |Link to Comment
  • Under Armour: Fads Tend To End Badly [View article]
    Great growth stocks rarely look cheap.
    Consider the companies below. I call them the class of 2005 and 06. Over the past 10 years, here's what happened.

    gmcr = 23 bagger
    nflx = 57 bagger
    mnst = 29 bagger
    chd = 6 bagger
    prgo = 11 bagger
    ua = 20 bagger
    jjsf = 5.5 bagger
    cmg = 15 bagger
    ma = 23 bagger

    (disclaimer. MA was cheap when it first started trading.)

    The biggest mistake is selling too soon because you think its too expensive.
    Oct 8, 2015. 09:55 PM | Likes Like |Link to Comment
  • The Stock Market - It's Over [View article]
    I love it. Doom and gloom articles. Please transfer more shares to me
    Oct 2, 2015. 03:22 PM | Likes Like |Link to Comment
  • Will Apple Own The Payments Customer? [View article]
    The average person carries 2-3 credit cards. I would venture to guess that you and he majority of Applepay users probably want the credit card displayed when you make a purchase. There is a certain "rhythm" when making a credit card purchase.
    Sep 23, 2015. 12:33 AM | Likes Like |Link to Comment
  • Will Apple Own The Payments Customer? [View article]
    A few more thoughts

    "I dont let me repeat when i go to Whole Foods and pay using Applepay, I dont check for the Visa logo, or any other card logo. I dont focus on what card I register.."

    Whenever someone uses Applepay, Android Pay or Samsung Pay, the Visa credit card is prominently displayed on the screen of the phone, reminding the consumer that you ARE still using a Visa everytime you use ApplePay.

    The adoption of NFC technology is still low. SamsungPay through Loopay and MST already has the capibility of using its payment in over 90% of terminals. It looks like it is already doing well in S Korea and will soon be launched in the US

    Despite the nice technology, simply taking out my plastic card is still the most frictionless method for me to pay at stores

    My feeling is that all three, Applepay, Android Pay, Samsung Pay will to some degree do well. If that is the case, it will bode well for the credit card processors
    Sep 19, 2015. 02:23 PM | 1 Like Like |Link to Comment
  • We Love Under Armour, But It's Time To Sell [View article]
    The difficulty of investing in growth stocks....they just keep going up despite high PEs. People say they will buy when there is a correction. The problem is they usually don't correct to "reasonable" levels and when they do, people are afraid to pull the trigger.

    What happens if you bought UA when it was 10 (in a non retirement account). So should you sell at 102, knowing that you will have to pay capital gains taxes?
    Sep 18, 2015. 06:56 PM | 2 Likes Like |Link to Comment
  • Will Apple Own The Payments Customer? [View article]
    Personally, i think FB (along with its subsidiaries Instagram and WhatsApp) is the one to watch in the payment space. The sheer number of users (2 billion and growing) who are "locked" in the ecosystem is very hard to ignore. They are compatible with both Android and IOS.
    The problem with declaring Apple "owning" the payment space is that it not a monopoly. FB with its affiliates really is a monopoly.
    Sep 18, 2015. 12:19 AM | 1 Like Like |Link to Comment
  • MasterCard's (MA) CEO Ajay Banga Hosts Investment Community Meeting (Transcript) [View article]
    I printed it out today and will read it over some coffee.
    Sep 16, 2015. 09:30 PM | Likes Like |Link to Comment
  • Disney: Ignore The Panic Over ESPN, The Stock Is Worth A Look [View article]
    Who has been the biggest buyer of DIS recently? None other than Mickey himself. DIS bought back 2.4 billion dollars worth of shares during the past 1 month or so.
    They will buy back 6-8 billion dollars worth of shares in 2016.
    My piece of the DIS pie continues to grow.
    Sep 16, 2015. 09:22 PM | 1 Like Like |Link to Comment