Seeking Alpha


Send Message
View FreeStateYank's Comments BY TICKER:

  • Protected Principal Retirement Strategy: Will Apple Ever Become A Dividend Portfolio Candidate? [View article]
    Akaralph, I also had some of the same internal hypothetical ponderings when considering AAPL. Another factor, which shouldn't really make a difference, but does, is the lack of splits to permit the retail investor greater comfort in averaging in... Regardless of a $300 or $400 price tag, spending a serious amount of money and not even having 50 shares to ones name is painful. Building a position isn't the same when dealing with a sub $100 or better yet, a sub $50 or $25 stock.

    While it was good and proper that AAPL finally initiated a dividend and then gave it a nice bump, with the amount of money they are sitting on, it would have given the patient and possibly, anxious shareholders a better price support for the shares had they even gone whole hog and bumped it up 30%... rather like a thank you for waiting...

    I own a whopping 55 shares at an average price of roughly $422. We'll see if I continue to hold...

    Can't help but think with the crazy run up and abrupt drop off last year, that for a good while, any time the price breaks higher, there will be more sell off as people heave a sigh of relief and exit their position...

    As you noted, a higher divy increase would have perhaps mitigated some of that churn.

    Happy investing.
    Jul 30, 2013. 09:36 PM | 1 Like Like |Link to Comment
  • Reflections On The Current State Of Apple [View article]
    This would be GREAT!
    May 3, 2013. 08:44 AM | Likes Like |Link to Comment
  • Apple: There And Back Again [View article]
    Well done! I really enjoyed this article. IMO, the best on AAPL I've read. And I've read a LOT of them!
    Apr 29, 2013. 08:12 AM | 1 Like Like |Link to Comment
  • Why I Would Sell Apple If It Rehires Ron Johnson [View article]
    As a turn around specialist in retail, pondering the Johnson/JCP debacle, I honestly believe he really didn't understand the customer. While there might be a bit of overlap w/ TGT customers, they really are not the same. Even the real estate is vastly different.

    That said, he DOES appear to understand the AAPL customer. Rather than being a 'distraction', he could very well be a blessing. He does not need to learn the ropes, the customer, and the specifics of the needs for product placement/storage etc. That's are real plus and takes a burden off of the rest of the exec team. As long as he could play well with others at AAPL, I think putting him back in the saddle would be the least disruptive to AAPL.

    As far a Johnson always being the story at JCP, I think AAPL, notoriously tight lipped, could absorb him back into the company and people will forget all about him... as he gets the job done.
    Apr 29, 2013. 07:39 AM | Likes Like |Link to Comment
  • Apple Q2 2013 Earnings Are Out: What You Need To Know [View article]
    That's pretty shocking AAPL wasn't given a AAA rating. I know the ratings agencies are more cautious since the crash, but less than AAA doesn't seem reasonable, considering they have the cash reserves sitting overseas to cover the bond issuance!
    Apr 24, 2013. 11:43 PM | Likes Like |Link to Comment
  • Apple Q2 2013 Earnings Are Out: What You Need To Know [View article]
    Fortunately, Ashraf, they have. Generally, I've been pretty good at picking up shares of various firms near or at the bottom. A couple of missteps, an in those cases, like my AAPL entry at $435, I initiated a small position, waited for a bottom, or near bottom, loaded up...

    As far as the market goes, even in a raging bull, there is always something 'on sale'... As a former merchant, when buying apparel, I never pay full retail. I've tried to do the same with my portfolio!

    Happy investing!
    Apr 24, 2013. 11:35 PM | Likes Like |Link to Comment
  • Why Apple's Q2 Earnings Make It A Fist-Pounding Buy [View article]
    Agree with the 10:1 split. Would permit a lot of smaller investors, including retirees looking for a growing dividend stock. Those folks tend to buy and hold, which, in sufficient numbers helps to reduce volatility. Of course, the traders don't like that as well- they'll play the momentum up or down.

    Also, even if one is spending the same amount of money, it feels better to have 300 shares than a paltry 30. Make rebalancing the portfolio easier. I felt silly in my first bite into Apple of 30 shares.

    I'll be buying more shares.
    Apr 24, 2013. 03:24 AM | 1 Like Like |Link to Comment
  • Apple Q2 2013 Earnings Are Out: What You Need To Know [View article]
    Well... I'm hoping people listen to CNBC and dump AAPL like mad tomorrow. I'd like to buy more and the cheaper...the better... So, here's to blood in the streets and I'll just come behind and sweep up a bunch of shares!

    Happy investing!
    Apr 23, 2013. 06:55 PM | 2 Likes Like |Link to Comment
  • Apple $395: Time To Give Up And Abandon Ship? [View article]
    I'm a merchant who was a turn around specialist for depressed markets.

    Was in cash for the crash and took over management of the family portfolio and have nicely beat the S & P since... Going with my old professional skill set, I'm mainly a fundamentals person and prefer going long. This background sets the stage for my 'regular person' investor observations.

    I don't have the expertise to 'know' what AAPL should be doing, but wonder at what they 'could' be doing.

    Several people have offered some excellent suggestions. As someone who always was looking at the bottom line and how both cash and debt can be used for growth, I am mystified as to why the firm isn't sharing some sort of vision with where they see the company going, which should include some general suggestions from AAPL about seeking growth opportunities. Yet, that does not seem to be on the radar. I totally understand not bringing a pile of cash back stateside, only to see the IRS eat up a chunk of it... But why not create an offshore investment division? Could even fund some VC efforts. Perhaps buy out Square. The ability to own a good and inexpensive alternative for accepting credit/debit card payments [and paypal/alternative payment sources] is helpful. Loads of small businesses will find this preferable than the usual arrangements. What about some innovative software for biz solutions? Have to say, as a user of MS products, there has got to be something better. And don't talk to me about Open Office. Bring in more of the Apple ecosystem into ways that make peoples lives easier.

    Yes, a dividend increase would be nice. If the point of offering one is to create an environment where dividend growth investors are attracted to the stock, then a pattern of regular increases is critical. If they are not going to send this signal to the investors, it begs the question why they initiated a dividend in the first place.

    A second factor in attracting a DG sort of investor is the share price. A split would make it less scary and friendlier for those 'retail [and while they might not have the balance sheet of a hedge fund, multiply several million new retail investors and you are talking real money]

    What I'm stumbling around and likely expressing poorly this late in the evening is I'm not seeing a vision, a strategy of WHERE Apple wants to go... Do they know? Investors can be very patient, if they've confidence in a company building to go in a particular direction. Especially those DG investors, as long as you reward them along the way. It almost feels like Apple climbed Everest and wonders what else is there a higher vista out there? If Apple doesn't know, or knows and can't convey a sense of vision, then the stock will languish, imo, especially when it takes a weeks net pay for the average income to buy two shares... Jobs, although he had serious personality issues was able to convey that sense of direction. If Tim can't, he should have a VP who can sell do the talking.

    That said, I really enjoyed this article and completely agree that Apple, if not worth the 700/share, should at least not trade lower than the 2011 range... That's building in a rather bleak forecast.
    Apr 20, 2013. 12:24 AM | 1 Like Like |Link to Comment
  • Reflections On The Current State Of Apple [View article]
    Daughter had an older Samsung... hated it. Switched to an iPhone, having stuck with the dreaded older phone until the 5 version came out. Not an exact answer to your question, but since her old phone had a large screen, it addressed the same issue of clunky size.
    Apr 15, 2013. 07:24 AM | Likes Like |Link to Comment
  • Buffett Has The Solution For Apple [View article]
    Jupiter is an offshoot of Commerze Bank [Germany] it appears to appeal to retirement investors in the UK. The North America fund has a 5.25% up front fee and a 1.5% operating expense ratio... [At least that's what I think it is- since it's a UK entity, they use different terms for the charges]
    Mar 7, 2013. 03:31 AM | Likes Like |Link to Comment
  • Apple: Already (Essentially) A Private Company [View article]
    Excellent point about the reports. I also like CEO's who are cautious and not 'selling'.
    Mar 7, 2013. 02:06 AM | Likes Like |Link to Comment
More on AAPL by FreeStateYank