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User 447425

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  • BlackBerry: I'm A Buyer On Monday - Yes, Again [View article]
    Are you rolling the puts down and out or buying the stock?
    Apr 13 03:08 PM | 2 Likes Like |Link to Comment
  • BlackBerry: I'm A Buyer On Monday - Yes, Again [View article]
    There was no sell off on huge volume or any gap down in price. The market as a whole looks in store for further weakness. Why not wait to see if it tests the prior low of sub 6. Seems silly to double down at this point but that is just me.
    Apr 13 01:33 PM | 7 Likes Like |Link to Comment
  • Why Not Consider This Undervalued Insurance Company For A Rebound? [View article]
    Since I am not investing in the company nor have any interest in, why would I do any DD? I was simply adding to the discussion for others. You can take or leave it if you are not interested in others opinions (especially someone that has been in the business for 25 years).
    Apr 9 08:01 PM | Likes Like |Link to Comment
  • Insurance Industry Likely To Continue Upside Potential [View article]
    Insurance company returns are not that great. There are 2300 property and casualty companies in the US - they compete mostly on price - it is a commodity for the most part. The average return on equity for insurance companies ranges from half to 3/4s of the return for the S & P in general. Rates are no longer increasing and will probably start to decrease because of the capital flowing into the industry for lack of other opportunities. Most P & C companies invest in bonds and as rates go up values will go down and can affect book value (which is what insurance companies are evaluated on, not p/e ratios).
    Apr 7 10:22 PM | Likes Like |Link to Comment
  • Why Not Consider This Undervalued Insurance Company For A Rebound? [View article]
    From their 2013 earnings: Book value per diluted common share was $39.14 as of Dec. 31, 2013, a DECREASE of 15% compared with $45.80 as of Dec. 31, 2012. Excluding AOCI, book value per diluted common share* decreased 2% to $39.30 as of Dec. 31 2013, compared with $40.00 as of Dec. 31, 2012.
    Mar 29 04:50 PM | Likes Like |Link to Comment
  • BlackBerry: Has The Bloom Come Off The Rose? [View article]
    I do not understand this comment....."This means the company is shrinking, not growing. Not good news for a growth stock." BBRY has not been a growth company for a while now......

    The chart looks like upside down head and shoulders with the neckline at 11.
    Mar 29 12:38 AM | Likes Like |Link to Comment
  • Why Not Consider This Undervalued Insurance Company For A Rebound? [View article]
    I have been in the P/C marketplace for 25 plus years. A couple of points you should look at more closely:


    1) Their reputation is not great as a carrier (service) - not as bad as AIG but close.
    2) What is the Combined ratio (now and the past few years)?
    3) Reserve inadequacies (or Reserve Reduncies) are how insurance companies "play games" with their earnings - I would dig down and look at their reserve inadequacies (or reduncies) - the former is bad and means they are not reserving enough for their losses.
    4) Increasing interest rates on a short term basis hurts book value since the value of their assets (P/C insurance companies mostly invest in bonds) will decrease in value (i.e. asset values are reduced!!!).
    5) You mentioned P/E ratio a couple times but also talked about book value. Book value is the metric that all anaylsts use for insurance companies.
    6) Rates have been increasing for carriers the last few years but it is now trailing off and might start to decrease again.
    7) Additional capital continues to come into the industry - puts downward pressure on rates.
    A growing economy is a small part of the picture and wanted to give you additional insight.
    Mar 28 05:18 PM | 2 Likes Like |Link to Comment
  • Corporate Profits Continue To Impress [View article]
    Do you have a measure of the correlation between the percentage of corp profits %/GDP versus the S & P? Adding the SPY chart to your % of CP to GDP would have added to the visual and provided more meaning (IMO).
    Mar 27 07:43 PM | Likes Like |Link to Comment
  • 3 Reasons Top Earners Should Favor High-Yield Muni ETFs [View article]
    I am a top earner and can and do diversify and would rather own individual bonds. To suggest one needs to purchase 50 different individual issues to achieve diversification is a comment that is silly and not true. There are advantages to ETFs/Bonds and individuals bonds for sure.
    Mar 26 08:15 PM | Likes Like |Link to Comment
  • Should An Intelligent REIT Investor Buy CapStead Mortgage? [View article]
    The problem I have with it is you can not access unless you are a pro-subscriber so why reference it and second there is more than one opinion on any topic and to claim yours "is the truth" is over the top.
    Mar 26 08:10 PM | Likes Like |Link to Comment
  • Should An Intelligent REIT Investor Buy CapStead Mortgage? [View article]
    Mark, You neglected 2010? Actually, he was correct for 2010, 2012 and 2013. You must be long CMO and defending your long position but to make statements like you did when he was correct is a little off don't you think? The facts are below if you even care:

    014 Q1 03/13/2014 03/27/2014 03/31/2014 04/17/2014 0.34 Regular
    2013 Q4 12/12/2013 12/27/2013 12/31/2013 01/20/2014 0.31 Regular
    2013 Q3 09/12/2013 09/26/2013 09/30/2013 10/18/2013 0.31 Regular
    2013 Q2 06/13/2013 06/26/2013 06/28/2013 07/19/2013 0.31 Regular
    2013 Q1 03/14/2013 03/26/2013 03/28/2013 04/19/2013 0.31 Regular
    2012 Q4 12/11/2012 12/27/2012 12/31/2012 01/18/2013 0.30 Regular
    2012 Q3 09/11/2012 09/26/2012 09/28/2012 10/19/2012 0.36 Regular
    2012 Q2 06/12/2012 06/27/2012 06/29/2012 07/20/2012 0.40 Regular
    2012 Q1 03/13/2012 03/28/2012 03/30/2012 04/20/2012 0.43 Regular
    2011 Q4 12/13/2011 12/28/2011 12/30/2011 01/20/2012 0.43 Regular
    2011 Q3 09/13/2011 09/28/2011 09/30/2011 10/20/2011 0.44 Regular
    2011 Q2 06/14/2011 06/28/2011 06/30/2011 07/20/2011 0.48 Regular
    2011 Q1 03/15/2011 03/29/2011 03/31/2011 04/20/2011 0.41 Regular
    2010 Q4 12/09/2010 12/29/2010 12/31/2010 01/20/2011 0.39 Regular
    2010 Q3 09/09/2010 09/28/2010 09/30/2010 10/20/2010 0.26 Regular
    2010 Q2 06/10/2010 06/28/2010 06/30/2010 07/20/2010 0.36 Regular
    2010 Q1 03/11/2010 03/29/2010 03/31/2010 04/20/2010 0.50 Regular
    2009 Q4 01/29/2009 12/29/2009 12/31/2009 01/20/2010 0.54 Regular
    2009 Q3 01/29/2009 09/28/2009 09/30/2009 10/20/2009 0.56 Regular
    2009 Q2 01/29/2009 06/26/2009 06/30/2009 07/20/2009 0.58 Regular
    2009 Q1 01/29/2009 03/27/2009 03/31/2009 04/20/2009 0.56 Regular
    Mar 26 08:07 PM | 1 Like Like |Link to Comment
  • Should An Intelligent REIT Investor Buy CapStead Mortgage? [View article]
    You are bending over backwards to pump your own article...
    Mar 25 12:24 PM | 3 Likes Like |Link to Comment
  • Dumb Investment Of The Week: Junk Bond Funds [View article]
    It is funny how the author has not responded to any questions/comments.
    Mar 21 07:36 PM | Likes Like |Link to Comment
  • C.H. Robinson Worldwide: Trading At Multi-Year Lows, This High Quality Company Is Now On Sale And Merits Attention [View article]
    What is not identified at all is the grow in earnings over the past few years; projections for the current and next year P/E; or where the current P/E ratio is as respects to the historical average. Shouldn't a discussion about a stock's value atleast touch on this as a starting point?
    Mar 18 09:26 PM | 2 Likes Like |Link to Comment
  • Dumb Investment Of The Week: Junk Bond Funds [View article]
    I suspect a portfolio split between Junk Bonds and T-Bond (50/50) might perform better than the SPY and T-Bonds but your summary does not show that on a comparison. Also, you should include the sharp ratio for a risk adjusted comparison - correct?
    Mar 17 10:05 PM | 1 Like Like |Link to Comment
COMMENTS STATS
762 Comments
660 Likes