David Einhorn says he has met with Tim Cook and CFO Peter Oppenheimer in recent weeks about his preferred stock proposal, and that the two sides continue to talk in spite of his lawsuit. Einhorn adds Cook has been more receptive than Oppenheimer, and that he remains a fan of the Apple (AAPL +1.7%) CEO's performance. Meanwhile, the sell-side is giddy at the prospect of fresh dividends/buybacks: Barclays thinks Apple can increase its payout by 30%-40% without tapping overseas cash. (more) [View news story]
Einhorn doesn't make his money flipping stocks on rumors and manipulation. Right now, he's the best friend an AAPL shareholder could have...
Hydraulic fracturing does not pose a high risk for inducing earthquakes, but underground injection of wastewater from fracking and other energy technologies does increase the risk, a National Research Council report says. Carbon capture and storage, seen as a promising way to combat climate change, raises the potential for causing "significant" seismic activity. [View news story]
What a bunch of horseshit! Fracking pressures are minuscule compared to the seismic forces that result in earthquakes. Besides, despite decades of research, almost nothing is known about earthquake dynamics, and entirely nothing is known about predictive events. Therefore, please explain to me how the National "Research" Council can claim to "know" anything about this??
One of the biggest problems facing modern societies like the U.S. is the abysmal level of scientific literacy, making it absurdly easy to advance a POLITICAL agenda on a gullible and ignorant populace, under the cover of "Science"...
If an asset class is being widely referred to as a bubble (which is all the MSM can "report"), you can be 100% sure it isn't one.
No real asset bubble in history was ever referred to as a bubble as it was forming--only in retrospect.
There is a coordinated campaign to "talk down" PMs, right now. Ideally, these parties would like to see a quick crash. Hint: it's not going to work, and this author is just another useful idiot.
Seriously, Can Hewlett-Packard Be This Cheap? [View article]
Good article, although like most here, it suffers from "Seekingalphitis", characterized by wishful thinking about "value". You could substitute MSFT in the text, and get the same treatment.
Nonetheless, the irrational hammering here in the comments sector is ridiculous. Whitman is the closest thing HPQ has had to a real CEO in many a long year. Running her down is truly boneheaded. She is certainly heads and shoulders above the bald guy in Redmond.
HPQ is not NOK, betting on a single doomed idea for salvation. It is a giant international tech company that will have MANY avenues for profits going forward--IF it can execute. We'll have to see.
For the position trader, these are precisely the high-value opportunities one must seize. If you can't buy companies like this when they are being given up for dead, you probably shouldn't invest in equities. You're just another sucker that buys at tops, with no oxygen left for the trip down.
How Dividends Could Yield 30%+ Annually Over The Next Decade (Or Two) [View article]
Yield to cost is just a "feel good" metric--it doesn't mean anything. In the PG example, you can talk about YTC being so high in year X, but it is just the ordinary compounding effect of re-invested dividends, and stock price appreciation.
When the hypothetical investor initially invested their $10K, it was in hopes of growing the principal in the above way, not to boast of an enormous yield a few years later, whilst his original capital has stood still all that time.
There are many ways that the benefits of investing for yield can be distorted, and this is one of them. These tricks are unnecessary--rising dividends/reinvestment, and stock price appreciation are sufficient endorsement.
Yawn--guys like this love to put out "articles" like this, in a bid to be "contrarian" (evidently a badge of savvy smarts), and to generate lots of pushback from the PM community.
It's all bullshit--and even OEG knows it, as he carefully words his piece for plausible deniability i.e. IF gold is a bubble, etc. Worthless!
Here's a thought experiment for you: if gold is "too high" relative to major currencies, then it MUST follow that these currencies will RISE as gold FALLS, correct? Please explain to me the underlying forces which will cause these currencies to rise strongly in value, against the current and future world economic backdrop. What? Cat got your tongue?
Dominic is correct. Any "shortages" will last precisely as long as it takes to restock. Are the bugs implying there is no more gold to restock? Please...
The "disconnect" between COMEX and "phyzz" all the bugs are buzzing about is the dealer's PROFIT, for god's sake! When the crowd is at your door, clamoring for your goods, do you run a sale? Or do you raise your prices?
Very interesting. I have been one of your critics in the past, primarily because your articles have often had a CYA aspect to them, but I admit that you are now being very specific, and I commend you for it. I will be watching your analysis carefully, and I hope your method continues to work--thanks.
Very good point, and almost completely ignored on these endless SA AAPL valuation "discussions", which solve nothing and lead nowhere.
AAPL is the #1 managed money holding. Hedge funds in general are having a tough year, and are beginning to panic. I don't know how much longer this hedgie puke-up is going to continue, but it certainly is a gift to the individual investor.
This article might have been timely 6 months ago--it's very much yesterday's news. The whole production end has changed radically, and all one needs is a look at NG futures prices to see it. The shorts are going to continue to be skinned alive.
Gold: Don't Be Fooled By Poor Analysis [View article]
If all it takes for this author to make a trading decision is a fundamental/political development (QE), why would it make any sense to use his Fib retracements as any sort of analytical tool?
Where did I say currencies rise as a group?? You really need to read what people are posting, before going off half-cocked like you always do...
You have made up your mind, and nothing is going to change it. Your problem is that circumstances change, and you have no way to adapt--and face extinction.
David Einhorn says he has met with Tim Cook and CFO Peter Oppenheimer in recent weeks about his preferred stock proposal, and that the two sides continue to talk in spite of his lawsuit. Einhorn adds Cook has been more receptive than Oppenheimer, and that he remains a fan of the Apple (AAPL +1.7%) CEO's performance. Meanwhile, the sell-side is giddy at the prospect of fresh dividends/buybacks: Barclays thinks Apple can increase its payout by 30%-40% without tapping overseas cash. (more) [View news story]
Hydraulic fracturing does not pose a high risk for inducing earthquakes, but underground injection of wastewater from fracking and other energy technologies does increase the risk, a National Research Council report says. Carbon capture and storage, seen as a promising way to combat climate change, raises the potential for causing "significant" seismic activity. [View news story]
One of the biggest problems facing modern societies like the U.S. is the abysmal level of scientific literacy, making it absurdly easy to advance a POLITICAL agenda on a gullible and ignorant populace, under the cover of "Science"...
Enthusiasm for Gold Continues to Wane [View article]
Well, in a zero-sum game, I guess somebody has to lose the money...
Is Gold a Bubble? [View article]
No real asset bubble in history was ever referred to as a bubble as it was forming--only in retrospect.
There is a coordinated campaign to "talk down" PMs, right now. Ideally, these parties would like to see a quick crash. Hint: it's not going to work, and this author is just another useful idiot.
Seriously, Can Hewlett-Packard Be This Cheap? [View article]
Nonetheless, the irrational hammering here in the comments sector is ridiculous. Whitman is the closest thing HPQ has had to a real CEO in many a long year. Running her down is truly boneheaded. She is certainly heads and shoulders above the bald guy in Redmond.
HPQ is not NOK, betting on a single doomed idea for salvation. It is a giant international tech company that will have MANY avenues for profits going forward--IF it can execute. We'll have to see.
For the position trader, these are precisely the high-value opportunities one must seize. If you can't buy companies like this when they are being given up for dead, you probably shouldn't invest in equities. You're just another sucker that buys at tops, with no oxygen left for the trip down.
How Dividends Could Yield 30%+ Annually Over The Next Decade (Or Two) [View article]
When the hypothetical investor initially invested their $10K, it was in hopes of growing the principal in the above way, not to boast of an enormous yield a few years later, whilst his original capital has stood still all that time.
There are many ways that the benefits of investing for yield can be distorted, and this is one of them. These tricks are unnecessary--rising dividends/reinvestment, and stock price appreciation are
sufficient endorsement.
What Will Pop the Gold Bubble? [View article]
It's all bullshit--and even OEG knows it, as he carefully words his piece for plausible deniability i.e. IF gold is a bubble, etc. Worthless!
Here's a thought experiment for you: if gold is "too high" relative to major currencies, then it MUST follow that these currencies will RISE as gold FALLS, correct? Please explain to me the underlying forces which will cause these currencies to rise strongly in value, against the current and future world economic backdrop. What? Cat got your tongue?
Gold's Nice Bounce Won't Last [View article]
The "disconnect" between COMEX and "phyzz" all the bugs are buzzing about is the dealer's PROFIT, for god's sake! When the crowd is at your door, clamoring for your goods, do you run a sale? Or do you raise your prices?
All common sense exited the PM market long ago.
Is $22 Silver Possible? [View article]
Apple Investors' Greatest Weakness [View article]
AAPL is the #1 managed money holding. Hedge funds in general are having a tough year, and are beginning to panic. I don't know how much longer this hedgie puke-up is going to continue, but it certainly is a gift to the individual investor.
Apple Investors' Greatest Weakness [View article]
Apple Investors' Greatest Weakness [View article]
Natural Gas: Look Out Below [View article]
Gold: Don't Be Fooled By Poor Analysis [View article]
What Will Pop the Gold Bubble? [View article]
You have made up your mind, and nothing is going to change it. Your problem is that circumstances change, and you have no way to adapt--and face extinction.