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wretchedturkey

wretchedturkey
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  • This High-Dividend Stock Reported Strong Results, Raised Its Dividend By 25% And Has Insider Buying [View article]
    MrSinatra, do you realize the difference between long term growth & potential versus gyration trading?

    When you originally purchased this stock with an expected PT of 4.5-5.0 "nearly" a year ago, what were you expecting? A meteoric rise? Some catalyst-driven "blockbuster"? Clearly you bought into a stock you did not do enough DD on.

    That being said, there was a material and significant development between the time you purchased and today - are you aware of it? The lawsuit vs Aapl went sideways and the stock tumbled. In fact, the stock hit your PT and you should have gone out at that point. As a trader (which you very succinctly described yourself as with respect to this stock), you should have bolted at that point. There was ZERO reason to stick around after that since any appreciation in WILN after that development would be via a slow and steady growth of the business. Currently, WILN is a LT growth-driven stock (especially when coupled with a DRIP) with no significant publicly available catalyst in the immediate horizon.
    Aug 7, 2014. 05:27 PM | Likes Like |Link to Comment
  • This High-Dividend Stock Reported Strong Results, Raised Its Dividend By 25% And Has Insider Buying [View article]
    bernzzz, you are ignoring the principle difference which is that litigation is secondary in WILN's business plan. The primary source of revenues is licensing fees which there is no "defend/enforce" aspect. The legal fees involved in licensing are in respect to drafting agreements and notarizing successful transactions.

    Furthermore, you are not up to date with your knowledge of the company. True they rely on IP litigation to some extent (you clearly meant to say IP litigation not licensing but in anycase), however they recently disclosed to the public that their litigation expense has changed from set hourly fees to one of contingency fees. As a result, their litigation costs will be a function of litigation wins. And should they lose cases (or if congress makes its less profitable to win), then the litigation costs will decrease in sync.
    Aug 4, 2014. 12:29 PM | Likes Like |Link to Comment
  • This High-Dividend Stock Reported Strong Results, Raised Its Dividend By 25% And Has Insider Buying [View article]
    rocketroj, to answer your question - no it is not. It's business plan is to license its intellectual property. WILN has far more agreements & contracts in place than any other player in the industry.

    Furthermore, unlike patent trolls which have the sole purpose of taking profits from one guy and place it in their own pockets, WILN actually works to create wealth for the economy by acting as a sales-commissions broker between the entrepreneur or creator of the IP and the various companies that have the capabilities to commercialize the IP or bring its product/service to the market.
    Aug 3, 2014. 12:57 AM | 3 Likes Like |Link to Comment
  • Update: Dream Unlimited Earnings [View article]
    Hi Mike, while one can stomach the lumpy quarterly earnings reports; however I don't believe one should shut their eyes and wholeheartedly trust an insider's assessment of their future prospects. I'd be shocked if not EVERY CEO in existence have had an ultra rosy perspective on their own stock [prior to any negative news being exposed to the public anyhow]. Not to compare, but even the CEOs of Sino Forest or Enron had high future prospects prior to their respective collapse.

    More importantly, for me anyways, is to help explain the cause of the 'lumpiness'. You state in your conclusion that Dream's properties are usually back-loaded due to seasonality. Can you expand on this notion? Or can you offer any analytical evidence of this?

    Initially, I would have thought that the revenue structure of Dream Unlimited would have been smoother than in any other entity of Dundee since it basically simply gets a % of AUM as opposed to a % of cash collection or some other more typical revenue stream for investments in real estate.

    In either case, in my opinion, Dream is performing perfectly well & appears poised to continue to do so. But I don't believe there should have been any expectation of a significant increase in SP as I did not believe that there was any catalyst for such. In speculators were looking for a binary event, they should look elsewhere.
    Jul 30, 2014. 02:24 PM | Likes Like |Link to Comment
  • GigaMedia Ltd.: A $1 Stock With $1.47/Share Cash And Significant Growth Prospects [View article]
    You didn't read my comments correctly. I didn't say they are burning cash, I said a share buyback plan which you seem to want would be a cash burn. And at a time when the company isn't even valued at its cash reserves that is catastrophic to its share price stability.

    IMO, the company needs to continue its turnaround story, continue to generate sales & future potential and let the share price appreciate later on. Buybacks are only for the directors who fear for their jobs and need a jolt to the share price.

    Your "basic thesis" is only accurate in a situation where a company has the available EXCESS funds to do so. GIGM has neither readily available nor excess cash to burn on a buyback plan - for now. Let's talk in a year when the company is worth double its current value. :)
    Jul 4, 2014. 02:12 PM | Likes Like |Link to Comment
  • GigaMedia Ltd.: A $1 Stock With $1.47/Share Cash And Significant Growth Prospects [View article]
    That's like throwing in the towel on a turnaround story!!!

    Aside for the fact that its a pure cash burn without much value to shareholders, wishing for a buyback is akin to wishing you never invested in the stock to begin with. It also signifies that you don't believe that management will use their funds wisely enough to bring a higher ROI than what you can get elsewhere. If that is the case, why be in the stock at all then?
    Jul 3, 2014. 02:33 PM | Likes Like |Link to Comment
  • Scripts Down, Bearish Article Released, Arena Hangs Tough [View article]
    Spencer, you write "Should script sales demonstrate that the pace is shifting toward $150 million, the equity can, in my opinion, challenge a $10 price point. If sales are more toward $125 million, an $8 price point is likely appropriate. "

    Can you offer us some tangible investment valuation methodology to come up with these prices or is your statement purely your opinion?


    This is not a knock on you, but rather on everyone here (anyone vocal anyways) - ever since the initial investment valuations performed at the FDA approval time-period (which is way too long to go without a new & updated valuation), I find very few commentators and "investors" re-analyzing ARNA from an investment standpoint. Its as if they made a stand on what they feel sales will translate to in share price and they have stuck by it since.

    IMO, all readers on SA (and other insightful investment sites) would be well-served by a revised purely 'numbering-crunching' exercise that re-examines the underlying valuation based on the ENTIRE current environment (not just a shift in the SP yardstick based on gross sales trends). I am not qualified to do so, but I would be very interested to read about it from someone who is qualified to perform an investment valuation on ARNA (& VVUS/OREX as well).
    Jun 9, 2014. 10:01 AM | 1 Like Like |Link to Comment
  • Insiders Are Buying Wi-LAN [View article]
    Thanks for the update.
    Jun 8, 2014. 12:33 PM | Likes Like |Link to Comment
  • Apple Stock Still Suffering From The 'Lollapalooza Effect' [View article]
    And which automobile company is worth more?
    Jun 3, 2014. 01:14 PM | 1 Like Like |Link to Comment
  • Crossroads Adopts Tax Benefit Preservation Plan to Protect its Net Operating Loss Carryforwards [View article]
    That is how NOL's work. They only have value when they can be used against taxable income. However, it should be noted that the time frame to use NOLs are quite lengthy. In Canada, its 20 years and I'm not sure of the amount of time in the US, possibly indefinitely. So in my opinion, if the only thing here was to preserve NOLs against future net income then its a red herring since that could be in many years.
    But since there have also been 'noise' about change of control and buyouts and whatnot, so I think there is something going on there with this regard now that the company actually acted upon the 'noise'.
    May 26, 2014. 10:22 AM | Likes Like |Link to Comment
  • Crossroads Adopts Tax Benefit Preservation Plan to Protect its Net Operating Loss Carryforwards [View article]
    A company performs the above plan of action only when (1) there is concern of an imminent potential loss in said-assets (i.e. acquisition/change in ownership) and (2) and expectation to utilize said-assets.
    May 23, 2014. 04:56 PM | 1 Like Like |Link to Comment
  • Continued Operating Weakness, Macro Risks, And Premium Valuation Make Caterpillar A Sell [View article]
    With respect to mining machines & trucks, I think it has more to do with government intervention than anything more organic like anticipated recovery of the economy. Since 2009 particularly, Governments have been heavily subsidizing and offering tax incentives to keep afloat this segment of the economy. That, plus ultra low interest rates probably have been the driving force to prop up this industry. But if the industry & the economy don't start really moving soon, this industry can be in trouble.
    Apr 29, 2014. 09:21 AM | Likes Like |Link to Comment
  • Brookfield Property Partners: Still Undervalued After Spin-Off [View article]
    It doesn't DRIP? I didn't even know that a company could choose not to... I thought DRIPs were between broker and investor...
    Apr 16, 2014. 11:45 PM | Likes Like |Link to Comment
  • Western Pacific: Why Is This Savvy Billionaire Investing In A Tiny $7 MM Company? [View article]
    So what's the timeline on this project? Any catalysts within a year?
    Apr 9, 2014. 03:33 PM | Likes Like |Link to Comment
  • MeetMe: Recent Pullback Represents Attractive Buying Opportunity [View article]
    Holmer, with respect to pullbacks and their aftermath, it is important to look to factors that surround it, i.e. was the pullback due to a specific company/industry related news item or something else...

    While I agree, in this case, that the pullback had little to do with the specifics of MEET, however, I think that Long investors in ALLLLLL stocks will be seeing a disappointing upcoming quarter - not due to company performance metrics - but due to a general withdrawal from the markets. There have already been ~10 trading days over the past month with fairly significant pullbacks in technology stocks right across the board. And my crystal ball tells me that MEET and other technology stocks will feel it hard in the very near-term future.

    Just my gut feeling, and personal observations. I don't have a REAL crystal ball...
    Apr 8, 2014. 01:19 PM | 1 Like Like |Link to Comment
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