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Scootger

Scootger
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  • Research In Motion: It's All in the Outlook [View article]
    RIMM sold about 63 Playbooks last q. This stock is going to 5 bucks in a hurry. Do not fear any bounce in this stock, SELL IT. The company has burned billions in cash buying back stock the last few q's to try and scrape out the quarter LOST MONEY. They are throwing good money after bad, this stock will hit 5 VERY SOON.
    Jun 16 05:12 PM | Likes Like |Link to Comment
  • Research In Motion May Be Hurting but Plenty of Opportunity Remains [View article]
    RIMM equity is worth ka ka. Next q gonna look like just like this one. Not everyone wins in stock market land, and when you find the loser, you short it into sumbmission. Managment has been slowplaying the Street for 8 Quarters, stock is going to 5 bucks.
    Jun 16 05:07 PM | Likes Like |Link to Comment
  • Research In Motion: It's All in the Outlook [View article]
    RIMM phone insurance program provides full coverage for all broken phones for business customers.
    Jun 15 09:44 PM | Likes Like |Link to Comment
  • Research In Motion: It's All in the Outlook [View article]
    It was Sokols position apparently, Buffet may not have even known about it. Obviously he has no clue what is going on. Sokol probably shorted RIMM right before they sold it. He's a smart trader.
    Jun 15 09:39 PM | Likes Like |Link to Comment
  • The economy is at a "tipping point," with a "substantial" probability the U.S. could lurch again into recession, Robert Shiller says. The economy, now "immune to Keynesian crack," has deteriorated to the point where "when the demand isn't there, you can lower interest rates all the way to zero and people are still not willing to spend."  [View news story]
    Agree. True intelligent Contrarians can only make money at extreme tops and bottoms. We are not at an extreme top by any stretch. We have seen nothing close to blowoff volume on an upmove to boot. We are at a level that rookie/dopey contrarian thinking permabears start chumming or continue chumming. Also, meathead Economist come out of the woodwork after a 427k jobless number saying "See I told you so!" Morons. Idiot Economists dont trade well.

    Its VERY difficult to make money on the shortside in the markets. If you trying to play the bear and didnt make real money on this move down, you are out of business in two months when we rip back up. Many hedge funds who you think are short are actually structured more long that you might think, and if they are net short can and will be net long in one day if they have too. Hedge funds and mutual funds are licking their chops buying every share that is being sold with each handle we move down. This correction makes making money for large institutions MUCH easier. Do what they are doing. BUY stuff you like. The only thing you have to worry about is if your fingers are fast enough to buy these dips, because they dont last long. You can go take a dump and come back and be chasing stocks up again. Yeah I said it.
    Jun 15 09:34 PM | 4 Likes Like |Link to Comment
  • The economy is at a "tipping point," with a "substantial" probability the U.S. could lurch again into recession, Robert Shiller says. The economy, now "immune to Keynesian crack," has deteriorated to the point where "when the demand isn't there, you can lower interest rates all the way to zero and people are still not willing to spend."  [View news story]
    Just pretend for a second that the SP500 does not care about POMO, its true, it doesnt. SP500 is an index designed for fund managers to play stock market with, really. See last two years. Let me give it to you in technologic terms, AAPL going to 750 will get the NASDAQ to 3000easily, its just a game. Remember goverment spending is simply consumer spending, filtered, with a little skimmed off the top to pay a few million govt workers who throw that money right back into the mix...Dont worry so much. Sometimes I think some people want the economy to blowup. The problem is, it already did. Designed by the same people who are about to ramp the market to new all time highs.

    Dont get too excited by numbers you cannot understand. 600MM 1.25 trillion, concentrate on numbers like 7x 2012 EPS for Morgan Stanley, the price at which their brass buys back stock. BUY IT.

    Or even more simply, we are in the second(2) year of the business cycle. This cycle will be minimum of 4-5 years, possiblly longer. See easy numbers to understand! Buy stocks.

    Ok fine when US stops buying treasuries do you think China wont be in there bidding to keep their position stable? They only have a gazillion(big number) in cash and love to manipulate. Do you really think we are the only buyer for our paper? Especially now that its pretty much AA rates and realistically AAA paper? The game is being set up, PIMCO is buying treasuries now while they are saying they are short. I know. A little bird told me.
    Jun 15 09:16 PM | 1 Like Like |Link to Comment
  • Research In Motion: It's All in the Outlook [View article]
    Berkshire Hathaway sold its entire RIMM position in q1, most likely why the stock continues to be under pressure. When Warren Buffet sells your company at a loss you know you are in trouble!
    Jun 15 08:32 PM | 1 Like Like |Link to Comment
  • The economy is at a "tipping point," with a "substantial" probability the U.S. could lurch again into recession, Robert Shiller says. The economy, now "immune to Keynesian crack," has deteriorated to the point where "when the demand isn't there, you can lower interest rates all the way to zero and people are still not willing to spend."  [View news story]
    Dont see any signs of looting or crime levels rising here in the US.

    If buying low and selling high is wrong, then I dont wanna be right.

    Long MS, watch this company get taken out by Mitsubishi soon.

    You will see the power of Asian growth + US growth soon+rest of world GROWTH soon. We are in a galactic supercycle. Volcano is ready to erupt and SPX will be North of 1500 before you can say "Holy Sh-t Facebook is public and at 150!"

    The Bernak knows its coming he is simply taking his time with it...dont want to overheat.
    Jun 15 08:21 PM | 1 Like Like |Link to Comment
  • Research In Motion May Be Hurting but Plenty of Opportunity Remains [View article]
    RIMM is worth nothing to equity investors. And very little from a risk reward standpoint to Bondholders. This is the most obvious short I have ever seen in life. I have been short since 70 and will cover under 5. You forgot to include in your article this statement "RIMM the company might be worth "something" but RIMM the stock is worth "nothing".
    Jun 12 09:15 AM | 5 Likes Like |Link to Comment
  • Jamie Dimon (JPM) challenges Bernanke after today's speech: "Has anyone bothered to study the cumulative effect of all these [regulations]" - that it could be the reason it's taking so long for credit and jobs to come back? Bernanke essentially says no: "it's just too complicated. We don't have quantitative tools to do that... There is going to be some trade-off here."  [View news story]
    CEO's want you to believe they are in a "tough" situation. They want you to be scared, that is why they are talking their own stocks down. They want you to sell. This is situation where you must begin to think as an intelligent contrarian and read through the rhetoric. Morgan Stanley book value is 31 bucks and change, announced on their conference call on April 21st. They took in another 11.4BB in assets in the first Q. They had a small mistep with their Japanese JV which has stock under pressure. They have 16.7% Teir 1 capital sitting on their books doing NOTHING but waiting to buy back their own shares, and trust me they will have started buying before the next q is announed with eligible FCF they have activated for this purpose. AND they are about to hack out 500MM in costs. Buy Morgan Stanley, this stock is a double into year end...Low expectations are easy to beat, when the accounting, AND business is on your side. And expectations are LOW, especially with Jamie out chirping them down....Dont read headlines, read research.
    Jun 7 11:25 PM | 1 Like Like |Link to Comment
  • The end of QE2 does not spell disaster for world markets, Michael Santoli writes. Doomsayers are quick to note the post-QE1 drop, but tend to forget that other factors were at play - particularly the beginning of the euro-area debt crisis. And the underlying economy, while far from robust, is still stronger now.  [View news story]
    flash crash II coming, remember the high frequency traders and quants control the mkt, you dont. wait for better prices. prudent investor does not play ALL the time, this is the time NOT to play.
    Jun 5 09:01 PM | Likes Like |Link to Comment
  • Let's hope assurances that today's housing market woes are "contained" turn out better than last time. One thing's clear: QE2, which seems to have boosted consumer spending (and equity markets), did nothing for real-estate.  [View news story]
    Judges in Florida have stopped hearing forclosure cases in some districts due to limited funding. Its HAPPENING. Prices about to plummet.
    May 29 04:11 PM | 3 Likes Like |Link to Comment
  • Stock markets are at the "tipping point" of a correction, Nouriel Roubini says, as data from nearly everywhere show a slowdown ahead. “Until two weeks ago, I’d say markets were shrugging off all these concerns," he says, but "we’re going to see the beginning of a correction that’s going to increase volatility and that’s going to increase risk aversion."  [View news story]
    Hard for me to listen to an economist talk about stock market direction. I am sure he would admit he is weak in fundamental and technical analysis of equity markets, not his expertise.
    May 28 08:17 PM | Likes Like |Link to Comment
  • There's still time to sell in May and go away, Randall Forsyth writes. Although stocks are off 3% in the month, top technicians see further correction ahead. The market is "a stretched rubber band," just as it was in April 2010 before the S&P retreated 16%.  [View news story]
    Trend is down nearterm, throw out your fancy fact and figures and stay short for a bit. The market will tell you when its time to buy again. Most likely when QE2 ends or it close to ending. Enjoy your summer flat the mkt at least.
    May 25 09:54 PM | Likes Like |Link to Comment
  • Molycorp: A True Value Play [View article]
    Been whisperings of large Russian Funds looking to invest in REE as well. I think more sov wealth related than corporate. Friend of mine is a rather large investor(private equity, exotics) and he mentioned this to me over the weekend after he returned from Moscow.To an extent REE/Silver are becoming the new GLD in the eyes of hard asset holders. Given the climate, and situations like Glencore coming public, I would not be surprised to see a large conglomorate or miner simply come in and buy MCP for 150/share and be done with it. A great asset to have in a portfolio longterm. REE prices do not matter over a 30 year investment period if you understand how to hedge, which potential suitors do. Makes sense.
    May 22 07:43 PM | 1 Like Like |Link to Comment
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