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movies555

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  • Abbott Laboratories: The Future Is As Bright As The Past [View article]
    This is a terrific company and one of the best over a long period. That said, I can't see how this isn't overvalued at this point, or at least fully valued. I think people have put a real premium on what they believe is "safe" during this period and as much as I would love to own Abbott, I can't bring myself to buy it at these levels.
    May 22, 2015. 06:49 PM | 1 Like Like |Link to Comment
  • Monitise Provides A Trading Update - And It Looks Horrendous [View article]
    At 16 cents are we going to call it a day on this and move on? Geez, this is a tremendous example of why I'm never going to bet on things like this anymore. It's too bad, really interesting company but man remarkable example of how a growth story like this can fall apart. Glad I sold just over a buck.
    May 22, 2015. 04:38 PM | Likes Like |Link to Comment
  • Shake Shack: Where Investors Are Waiting To Profit From Their Short Positions [View article]
    Isn't the lock up expire in about a month or two? Will pop popcorn and watch that show when insiders can sell.
    May 21, 2015. 04:24 PM | Likes Like |Link to Comment
  • Shake Shack: Where Investors Are Waiting To Profit From Their Short Positions [View article]
    The book value is less than an order of fries at SHAK. Shake Shack may go on to do extremely well over the long-term, but at this point, the overvaluation is ridiculous. You will get a GoPro-like move back to reality. At that point, perhaps worth considering, but that point is much lower.
    May 19, 2015. 07:29 PM | 3 Likes Like |Link to Comment
  • Liberty's Malone: Combo with Vodafone would be 'great fit' [View news story]
    There has been more than a few suggestions that Vodafone would buy Liberty, including articles late last year and as recently as within the last month or two.
    May 19, 2015. 07:23 PM | 1 Like Like |Link to Comment
  • King Is Still King [View article]
    Quite the sight, not site.

    Perhaps look for quality companies with consistent performance and earnings rather than app companies that one has to hope keep coming up with the "next best thing" and manage to keep user attention, but what do I know.
    May 18, 2015. 03:44 PM | Likes Like |Link to Comment
  • Andersons spikes as Canada's Richardson looks for acquisitions [View news story]
    The family does certainly have the final say. However, if the family doesn't take a good deal, I'll be more than a little upset. The stock is still undervalued here, although certainly not to the degree it was when it was in the upper $30's.
    May 18, 2015. 02:42 PM | Likes Like |Link to Comment
  • Jardine Matheson Is A Great Way To Invest In Asia [View article]
    "It seems to have a perpetual discount associated with it so I would bank too much on that discount going away. At current price in $60's, its fully valued."

    Hutchison Whampoa just underwent a substantial restructuring in order to attempt to unlock value, as it also traded with a perpetual conglomerate discount. I doubt that we'll see that with Jardine/Jardine Strategic, but I think there are things that could possibly be done. Still, remains a compelling long-term hold either way.
    May 18, 2015. 01:30 PM | 1 Like Like |Link to Comment
  • Sears Holdings: What Will Eddie Lampert Do Next? [View article]
    I know that's the case with Berkowitz, but is Lampert's holding of SHLD largely in ESL? If so, hahahahahahaha.
    May 17, 2015. 07:13 AM | Likes Like |Link to Comment
  • Sears Holdings: What Will Eddie Lampert Do Next? [View article]
    You basically have Eddie and Bruce on one side and a few other managers and the shorts on the other. Neither is giving ground.

    Sears has had rolling short squeezes all the way down. It is to the point where either Berkowitz and Lampert do whatever it is they are going to do ... or not.

    Additionally, I'll also note that the confidence in Berkowitz and Lampert that they are incapable of doing wrong is ridiculous. I do fully believe that Lampert will do everything in his power to create a "tails I win, heads I win" scenario for Eddie. Other than that, I fully believe that he has gotten stuck in Sears in a way that is much worse than he has let on with his ludicrous statements about how he's going to try and turn things around after being absurdly neglectful of the business for YEARS.

    It's laughable. "Oh, my financial engineering doesn't work that well if I let the business go to crap to the point where it loses unthinkable amounts of money and drags down everything related to the business further into irrelevance?" Oooh, those Sears brands have really been made more valuable under Lampert. I still can't get over Berkowitz talking about the value of the inventory. Yeah, that Sears inventory that no one is buying is a GOLD MINE.

    Lampert has been an enormous destroyer of value since he started with Sears and people have this insane belief that he's now going to snap his fingers and this all works out okay with some financial engineering pixie dust?

    Uh, no.
    May 15, 2015. 05:39 PM | 3 Likes Like |Link to Comment
  • Sears Holdings: What Will Eddie Lampert Do Next? [View article]
    "A couple of ood locations not being a part of these transactions are believed mortgaged already."

    But what about those juicy K-Mart locations, huh? Huh? (crickets.)
    May 15, 2015. 05:35 PM | 1 Like Like |Link to Comment
  • Andersons spikes as Canada's Richardson looks for acquisitions [View news story]
    fair value is probably low $50's. should go for $60 perhaps?
    May 14, 2015. 02:44 PM | Likes Like |Link to Comment
  • Sears Holdings: What Will Eddie Lampert Do Next? [View article]
    "They are both stuck in this stock. Never forget that."

    I completely agree with you.
    May 14, 2015. 02:11 PM | 2 Likes Like |Link to Comment
  • Sears Holdings: What Will Eddie Lampert Do Next? [View article]
    He's largely backed by Berkowitz in the sense that I think Berkowitz has the most to lose. There's not exactly a huge crowd backing Berkowitz, either - the Kinetics funds, the Chou funds and a few hedge funds - those are the key names I'm aware of.
    May 14, 2015. 02:11 PM | 1 Like Like |Link to Comment
  • Sears Holdings: What Will Eddie Lampert Do Next? [View article]
    See also: Ackman and Borders and Ackman and Target. Hmmm.... seems like hedge fund managers and retail are perhaps an issue. Eddie Lampert has run Sears into the ground and only now has become completely and utterly delusional that "Shop Your Way" is the company's savior. This is clearly not about turning around retail, despite statements to the contrary.
    May 14, 2015. 11:10 AM | 4 Likes Like |Link to Comment
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