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Peter Gelinas

Peter Gelinas
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  • Estimating The J.C. Penney Risk Of Insolvency Using The Altman Z-Score [View article]
    I think I remember reading that JCP's new pricing policies would be:

    A: everyday low prices
    B: a specific month when the item would be at an even lower price
    C: a specific day in that month when prices would be EVEN LOWER

    Sounds like a plan to me !
    May 28 11:39 AM | 1 Like Like |Link to Comment
  • Reviewing The Sears Risk Of Insolvency Using The Altman Z-Score [View article]
    Does anyone know the 'Z' of JCP ?
    May 26 03:30 PM | Likes Like |Link to Comment
  • Telecom Italia (TI) shares +3.6% to €0.595 in Milan following a report that Hong Kong's Hutchison Whampoa (HUWHF.PK) could acquire a 29.9% holding in TI for €1.2 a share. In return, TI would be able to buy Hutchison mobile unit 3 Italia. The deal would make Hutchison the largest shareholder in TI, as its stake would exceed the 22.4% held by the Telco consortium, which includes Telefonica (TEF). [View news story]
    May I assume the decimal place is in the wrong spot?
    Apr 9 11:24 AM | Likes Like |Link to Comment
  • Salesforce (CRM) files a 14A asking investors to approve a 4:1 stock split at the company's March 20 shareholder meeting. Shares +0.6% AH after closing near their all-time high. "The Board ... believes the considerable price appreciation has made our common stock less affordable and, therefore, attractive to fewer investors," Salesforce declares, apparently with a straight face. [View news story]
    Take a look at Medtronics MDT 25 - 15 years ago . Split 5? 6? times, every time they got to $120. Lower price = easier to invest in 100 shares / protect with options maybe it's time to pull my short?
    Jan 27 04:35 PM | 2 Likes Like |Link to Comment
  • Paper Or Physical? Different Methods Of Investing In Gold [View article]
    There have been a number of articles written lately about gold bullion not necessarily being what one would expect ie: gold bars drilled out, tungsten rods inserted, then the holes resealed. Is there a way to prove a gold bar contains only gold? Could verification be made by ultrasound? X-ray? If so, is that going to be a new business .. independent gold bullion certifiers?
    Oct 8 11:16 PM | 2 Likes Like |Link to Comment
  • QE Can't Save These 2 Stocks [View article]
    shorted a couple of contracts of CRM a while back at 147. Have shorted 2 month out puts at a price that, when done twice, will cover the cost of my far out long calls.

    Now I should have the upside covered, and if CRM keeps going sideways to slightly down, my profit will be in the spread to the short puts

    Any comments?
    Oct 1 01:01 AM | Likes Like |Link to Comment