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  • Olin Corp: The Foundation Is Now In Place For Superior Total Returns  [View article]
    What seems to be some good news today regarding OLN and one of those "I wish I didn't sell calls for such small premium days!"
    Dec 2, 2013. 01:12 PM | Likes Like |Link to Comment
  • E-Trade Financial: A Turnaround Story With 40% Upside  [View article]
    No. They have a commercial bank subsidiary.
    Sep 10, 2013. 01:33 PM | Likes Like |Link to Comment
  • Sprint (S) +15.6%, Clearwire (CLWR) -2.8%, Dish Network (DISH) -1.7%, and DirecTV (DTV) -1.1%, as the Street mulls the implications of Dish's $25.5B offer for Sprint (S). Dish, which has been looking for a partner for its 4G spectrum, claims a merger will result in $13B in cost/capex synergies, and yield a company with 20% EBITDA growth. Dish would fund the $17.3B cash portion of the deal using $8.2B in existing cash + debt, and foresees debt ratings of B1/B+. Sprint shareholders would own 32% of the company. No one ever accused Charlie Ergen of thinking small. (offer letter) (Dish fact sheet) (Clearwire spectrum offer) (Dish/Clearwire[View news story]
    Or people have finally figured out that clwr is locked in for S. DISH took a look at the deal and even tried to bid for it but realized S has it no matter what. So they bid for S. I don't see why clwr wouldn't trade all the way down to the 2.97 price sooner than later
    Apr 15, 2013. 10:41 AM | Likes Like |Link to Comment
  • Ford Doubles Down On Its Dividend - But Is It A Smart Buy?  [View article]
    I would guess inexperienced writer. Not a lot of analysis and the one thing that (for a dividend writer) was actually put behind market share (which anyone who follows the car industry or any industry, knows is completely worthless).
    Feb 26, 2013. 11:59 AM | 1 Like Like |Link to Comment
  • Berkshire Hathaway (BRK.A) to buy H. J. Heinz Company (HNZ) for $72.50/share, or $28B. Shares +20.2% premarket to $72.70. Update: Confirmed[View news story]
    why? they weren't part of the deal team and their research and conclusion made sense.
    Feb 14, 2013. 11:42 AM | Likes Like |Link to Comment
  • GE: A Fundamentally Sound Time To Add It To Your Portfolio  [View article]
    I wouldn't worry about GDP numbers for DJIA members. It's very important to remember that these companies are large multinational companies that do a substantial amount of business overseas. GDP numbers for the USA are going to be less and less relevant in the future.

    As an example. only 45% of GE's business is in the USA
    Feb 7, 2013. 05:11 PM | 4 Likes Like |Link to Comment
  • Allegiant: Unique Business Model Provides Substantial Upside  [View article]
    I'm not so sure they are antagonizing their customers as much as you think. I would be interested to know your age.

    I think my age cohort 25-35 feels less antagonized and more liberated flying allegiant. Why subsidize people who bring carry-ons or checked luggage? You pay for what you use and if you want to go as cheap as possible, you buy a ticket and scrimp on items you bring.

    I have flown allegiant a couple of times and I always see a booked plane with young people and very old people. People who don't mind paying for a couple of extra things if its means a cheaper overall flight.

    Ps. the ability to practically walk-in to some of their smaller airports they service is just another bonus.
    Dec 26, 2012. 08:01 PM | Likes Like |Link to Comment
  • Shares of Herbalife (HLF -14.5%) take a hit coming off a trading halt and move toward a fresh 52-week low after hedge fund manager Bill Ackman told CNBC that he is "short" the shares, calling the company a "pyramid scheme."  [View news story]
    - Bernie Madoff
    Dec 19, 2012. 04:37 PM | 2 Likes Like |Link to Comment
  • Shares of Herbalife (HLF -14.5%) take a hit coming off a trading halt and move toward a fresh 52-week low after hedge fund manager Bill Ackman told CNBC that he is "short" the shares, calling the company a "pyramid scheme."  [View news story]
    Have to respect a man who puts his money where his mouth is.
    Dec 19, 2012. 03:21 PM | Likes Like |Link to Comment
  • Regional mobile carrier NTELOS (NTLS -21.8%) has crashed after FBR says it believes Sprint (S) will end its wholesale deal, with an announcement set for FY13 (ends in March). FBR, which is downgrading shares to Underperform and lowering its PT to $5 from $15, notes the Sprint deal accounted for 32.4% of NTELOS' 2011 wireless revenue, and 57.4% of its adjusted EBITDA.  [View news story]
    Capital intensive business. Losing 1/3 of revenue can mean losing 100% of EPS
    Nov 30, 2012. 10:54 AM | Likes Like |Link to Comment
  • AIG is ready to sell its S&L business as soon as regulators label the insurer a SIFI. The insurer is waiting to sell the unit in so there will be no break in regulatory oversight (from the Fed). As to new businesses, CEO Benmosche has his eye on mortgages, not just insuring them (through a resurgent UGC), but originating and owning them as well.  [View news story]
    Selling insurance with underpriced premiums on crappy mortgages is why they almost went belly up.

    Hopefully they do a better job this time seeing as how I'm long the stock
    Nov 13, 2012. 08:05 PM | Likes Like |Link to Comment
  • Amid conjecture that GM may be sliding to a second bankruptcy, Ford (F) didn't ask for government help and its stock has suffered as a result. "If I was a Ford shareholder, I would be mad about GM's taxpayer funded bailout," Robert Weinstein writes, but "I would be livid about owning a stock knowing that my taxpayer money was used to depress my stock price."  [View news story]
    LOL. Yes and ever teacher caught molesting children and receiving a slap on the wrist love the teacher's union. Doesn't make education better
    Aug 23, 2012. 01:04 PM | 1 Like Like |Link to Comment
  • Why low volume actually is bullish, according to Ryan Detrick: Total-dollar volume is higher now than in the 2003-07 bull market, so how can bears say lower share volume is bearish? "As long as volume stays low and bears use it as ammunition for lower prices, just smile and nod your head, knowing this isn't true."  [View news story]
    He makes some really great and interesting points. I also think its silly to compare volume now to the bubble days of 2007 and the bottom of 2009.

    And his point on high priced stocks seems to resonate with retail investors. I'm sure volume would skyrocket in names like aapl if they did a 10-1 split
    Aug 18, 2012. 11:38 AM | 1 Like Like |Link to Comment
  • With Fannie Mae (FNMA.OB) and Freddie Mac (FMCC.OB) increasing their efforts to persuade banks to buy back soured mortgages, five top lenders - BofA (BAC), Wells Fargo (WFC), JPMorgan (JPM), Citigroup (C) and Ally Financial - set aside nearly $3B in H1 to repurchase the loans, Bloomberg calculates. Regional lenders such as SunTrust Banks (STI) put aside an extra $1.3B.  [View news story]
    We can only hope the GSEs become outlawed. They probably will one day.

    Congress will outlaw them. Rates will go up to 9-12% for a mortgage. Housing prices will come down as well as rents across the entire country. The rich who control real estate will see lots of wealth disappear and the middle class will be able to celebrate housing affordibility and a return to being able to survive on one working parent's salary.

    Whoever is president when congress passes the law will go down as the ultimate hero of the middle class and savior of America.

    But the GSEs were created and are being maintained to control the middle class and keep wealth in the hands of a select few so maybe that day will never come!!
    Aug 15, 2012. 11:12 AM | 2 Likes Like |Link to Comment
  • More on Sprint Nextel (S) Q2: net losses widen to $1.37B from $863M a year ago. Contract customers spent $63.38/month on mobile-phone services, up $4.31 from a year earlier. Sells 1.5M iPhones, well below AT&T and Verizon. Loses another 246K contract customers, partly due to winding down of Nextel network. Shares +15.7% premarket.   [View news story]
    Revenues are up and account defections are from Nextel (which they are shutting down) and not from Sprint. 39 cents of the loss is from accelerated depreciation (non cash item) and operating margins have finally turned positive. Looks like S is starting to mint cash as well. Which will help go along way with paying down their debt
    Jul 26, 2012. 08:25 AM | 3 Likes Like |Link to Comment