Seeking Alpha

Insider-Alerts

Insider-Alerts
Send Message
View as an RSS Feed
View Insider-Alerts' Comments BY TICKER:
Latest  |  Highest rated
  • Century Bancorp - 50% Undervalued [View instapost]
    5/29/2015 - Filler buys 500 shares @ $38.50 and 240 shares @ $38.25

    http://tinyurl.com/oda...
    May 30, 2015. 12:08 AM | Likes Like |Link to Comment
  • BG Staffing: A Fast-Growing Niche Player With A 4.8% Dividend Yield [View article]
    Hey, it worked so well when the shares were at $13, let's try this twist on the Ponzi Scheme once again with the shares at $11.

    Let's raise the dividend to 25 cents (clearly our first dividend of 15 cents last quarter didn't do the trick), and the next day announce another $7 million share offering. It works - collect $7 million, and pay out $1.7 million dividend for the quarter.

    Why would this company that earned 2 cents/share in the latest quarter raise its dividend from 15 cents/share to 25 cents/share? Seems pretty obvious to me.
    May 28, 2015. 08:51 PM | Likes Like |Link to Comment
  • Century Bancorp - 50% Undervalued [View instapost]
    5/28/2015 - Filler buys 113 shares @ $38.70

    http://1.usa.gov/1FjvlQe
    May 28, 2015. 05:28 PM | Likes Like |Link to Comment
  • Century Bancorp - 50% Undervalued [View instapost]
    5/27/2015 - Filler buys 38 shares @ $38.60

    http://1.usa.gov/1FPPH7s
    May 28, 2015. 07:36 AM | Likes Like |Link to Comment
  • Century Bancorp - 50% Undervalued [View instapost]
    5/22/2015 - Filler buys 583 shares @ $38.60

    http://1.usa.gov/1Akl5uH
    May 22, 2015. 05:36 PM | Likes Like |Link to Comment
  • Daxor's March Toward 'Standard Of Care' [View article]
    Nepotism
    May 22, 2015. 12:04 PM | 1 Like Like |Link to Comment
  • Century Bancorp - 50% Undervalued [View instapost]
    Century Bank Recognized for Exceptional 10-Year Track Record Named Again to the Keefe, Bruyette & Woods “Bank Honor Roll”

    http://yhoo.it/1c7XQIx

    "KBW found that only 25 institutions, out of nearly 400 publicly-traded U.S. banks with $500 million or more in total assets, qualified for the KBW Bank Honor Roll. The winners were selected based on the following criteria: 1) Ten years of consistent profitability; 2) 2014 was a peak net earnings year; and 3) Consecutive increases in net income since 2009."
    May 21, 2015. 04:31 PM | Likes Like |Link to Comment
  • Century Bancorp - 50% Undervalued [View instapost]
    5/20/2015 - Filler buys 263 shares @ $38.65

    http://1.usa.gov/1dl7zfW
    May 20, 2015. 04:40 PM | Likes Like |Link to Comment
  • Daxor's March Toward 'Standard Of Care' [View article]
    Based on past SEC filings I have read (as I was interested at one point seeing the insider purchases), CEO considers himself an expert trader and believes his "system" for trading is wonderful. Previously the company had made filings as any corporation would, and the SEC made "him" change to that of an investment company because it was deemed the primary business activity was his investing.

    I believe the CEO will continue to utilize the company as his personal playground for investing in the market (note he was short 6800 shares of Netflix at Sept. 30) regardless of what happens with the medical device. He won't sell the company - he likes trading too much.

    I personally passed on the investment because I didn't think it was prudent for the CEO to be doing this with the cash of the company and if I wanted to invest in a hedge fund, there are many out there and I'd have a bit more confidence in David Einhorn or Carl Icahn in that space. Regardless if he is a good trader and makes money - that is not what the cash holdings of a corporation are for, especially a medical device company where it may be years of utilizing cash to fund development. If there's a market correction and/or his system loses money, then what - just go and raise more money...because his investing games failed and he lost the shareholders cash? Again, I couldn't get behind a CEO where that is how he runs his company.
    May 20, 2015. 10:32 AM | 1 Like Like |Link to Comment
  • Daxor's March Toward 'Standard Of Care' [View article]
    Daxor is the CEO's personal trading vehicle/hedge fund...the medical device is just a hobby on the side.
    May 20, 2015. 09:07 AM | 1 Like Like |Link to Comment
  • Valley National: Getting Defensive [View article]
    Again risk/reward Dallas.

    If granny's sole objective is income, then common shares of VLY are not the place to chase dividends - for the risk, 4.55% is piddly. Today, the average yield on preferred shares of the entire banking/savings sector is 5.64%. If yield for granny is the objective, there are better places to get it.
    May 19, 2015. 09:54 AM | 1 Like Like |Link to Comment
  • Valley National: Getting Defensive [View article]
    the risk/reward just is not there - even if the only reward grandma is looking for is a piddly 4.55% dividend on her initial investment with absolutely no concern for what happens to the share price.

    "The risk is high with VLY".
    May 19, 2015. 09:13 AM | 2 Likes Like |Link to Comment
  • Valley National: Getting Defensive [View article]
    well, we just disagree on the direction things are heading with VLY. let's see how things work out over the next 12 to 24 months as far as total return.
    May 19, 2015. 08:51 AM | 3 Likes Like |Link to Comment
  • Valley National: Getting Defensive [View article]
    If VLY is just a vehicle for income as an income owners stock, it is a poor one. Dividends have continually been reduced over the past few years with declining earnings. Why grandma may be cautious about adding shares is that there is nothing preventing the dividend from being further reduced - she's already seen her VLY paycheck reduced from 65 cents/share in 2012, to 60 cents in 2013, to 44 cents/share in 2014. With Q1 EPS at 13 cents/share and 11 cents being paid in dividends, another cut may not be very far off. Year over year, there's been a 15% increase in the number of shares outstanding, and Q1 EPS is down 25%.

    As far as the auto dealership expansion and having 40% of its portfolio in auto loans, it is well-known that much of the auto loan business is considered subprime and we know how that goes as interest rates begin to creep higher.

    With most of your banking articles, you focus much too heavily on the dividend yield. When most banks are currently turning in excellent performance, the dividend at 4.55% should not be what you focus on as a key investment criteria. Bottom line earnings growth and quality of earnings should be more important - those will generate far more than the dividend along with a stagnating/falling share price.

    Earnings growth and quality of earnings are both what VLY is missing.
    May 19, 2015. 08:35 AM | 3 Likes Like |Link to Comment
  • All-Time Highs Prove Investors Must Be Stoned [View article]
    Philip, we are exactly the same (though we don't short - just move to the sidelines) in our thinking and allocation - both today, and when bullish...it's all about risk management. Never all in, never all out.
    May 16, 2015. 12:28 PM | Likes Like |Link to Comment
COMMENTS STATS
936 Comments
913 Likes