Send Message
View as an RSS Feed
  • Wal-Mart (WMT) reportedly plans to deny health insurance to new employees who work fewer than 30 hours/week. The policy change will use an Obamacare loophole to shift the costs of health insurance to the government.  [View news story]
    Obamacare is probably in need of tweaking. So why would anyone think it would be perfect. The former system was certainly a disaster.
    Quit complaining and or learn what is going on and help make it perfect.
    Dec 1, 2012. 04:00 PM | 6 Likes Like |Link to Comment
  • The all-too-brief, conciliatory effort to find some middle-ground over the "fiscal cliff" issue may be disappearing in Washington already. Stalemate appears to be re-emerging over a big obstacle. Team Obama wants a gargantuan $1.6T tax hike and to eliminate a number of tax deductions over the next ten years in an effort to boost revenue and finance a bigger government. Spending cuts don't even appear on the radar at this juncture, which could well be a deal-breaker.  [View news story]
    The top earners should pay more in taxes. It will not even make them blink. The 1.6 is factored in over the minimum of 5 years.
    The people who voted for Obama know the GOP does not care about them. The GOP are more beholding to big pharma and Grover Norquist and not the people they represent. There is something seriously wrong with the picture. Get your facts straight before you complain.
    Nov 21, 2012. 06:43 PM | 9 Likes Like |Link to Comment
  • U.S. kids again want iPads for Christmas ... and so do a lot of their parents. A Nielsen survey found 48% of kids aged 6-12 and 21% of kids aged 13+ are interested in buying an iPad (AAPL) over the next 6 months. That's similar to last year's numbers. Meanwhile, an Ipsos poll found 1/3 of U.S. consumers to be interested in buying a tablet this holiday season. 25% of them want a regular iPad, 15% want a Kindle Fire, another 15% a Samsung tablet, and just 8% an iPad Mini. NPD's Richard Shim estimates Q4 North American tablet shipments will total 21.5M, easily outpacing notebook shipments of 14.6M.  [View news story]
    Know adults who went to buy one I pad and bought one for every member of a family of 5. The mini I pad should be "just right"!
    Who wants to tap their phone and exchange a play list???? A 14 year old only but then they would have to buy a Galaxy and that is just not cool.
    Nov 21, 2012. 06:37 PM | 1 Like Like |Link to Comment
  • Doug Kass doesn't pull any punches in making a bear case for Apple (AAPL +0.9%). The iPhone 5 "feels like a toy," Kass writes, while claiming Steve Jobs would have never "let it go out the door like that." With Jobs gone, Apple risks "losing that magical Walt Disney feeling," he adds. Kass, who shorted Apple in winter (that hasn't worked out well), also believes Apple is "losing mojo and mindshare" to Samsung, and predicts his fears might start to be realized after the December quarter.  [View news story]
    It is not just the phone that makes APPL a growth stock which is still growing. Once you buy the phone you buy the rest like a Mac or an Ipad etc.I would not go back to any other device or operating system. My life became so much more productive when I switched a year ago. Lots of people are still making the switch.
    Oct 3, 2012. 01:53 PM | 2 Likes Like |Link to Comment
  • Apple's (AAPL -1.5%) sell-side fans are quick to attribute the weekend's lower-than-expected iPhone 5 sales on supply constraints. Piper's Gene Munster notes Apple's retail inventory is half what it was at the time of the 4S launch, and says his prediction of 8M sales was based on a belief Apple's figures would include all pre-orders (apparently not the case). The WSJ reports this morning that retail partners such as Best Buy and Target were given limited supplies at launch time.  [View news story]
    Better phone and more delivered tomorrow.
    Sep 24, 2012. 12:06 PM | 1 Like Like |Link to Comment
  • Zillow: The Next Apple  [View article]
    Most Realtors take most stuff from the NAR with a grain of salt because they represent the major brokerages not the Realtors on the ground. Realtors did not cause the BUBBLE they just sell homes and do not act as financial advisers or accountants. Getting appropriate information is important and good Realtors try to get their clients as much information as possible. I had no choice personally except to assist know it all clients in the process because clients just go on to the next guy if you do not accommodate them and assist them. Two times I told my clients that the situation was out of hand and they bought anyway with someone else. LOL It was just what was going on in the media and every where and what were Realtors supposed to do? Do you Realtors knew what was going to happen when economists did not? It is funny in that you think they are so powerful.
    Sep 20, 2012. 09:12 AM | Likes Like |Link to Comment
  • Zillow: The Next Apple  [View article]
    Zillow has lost credibility and none of my clients or friends even consider them a decent source of info any longer. It is obvious you do not like agents from your response about "comparing your self to a doctor" being a stretch. Seems to me that one should not be emotional when evaluating a stock . Me I only am responding because "my man on the street polling comes up with an entire different set of values for Zillow.
    Sep 17, 2012. 02:01 PM | Likes Like |Link to Comment
  • Zillow: The Next Apple  [View article]
    As a Realtor Zillow is not a threat and I live in an area that is a Sellers Market. The 6% is split between the Buyers brokerage and the Sellers Brokerage with 1 and 1/2 % usually going to the agent who does the work for you. Your first error was that an average commission is 6% which is not correct. On lower priced homes( foreclosures and short sales)it has to be a about 6% in order to compensate the Buyers Agent's who often have to write countless offers in order to secure a property for their buyer.The Generally speaking not that many agents collect a full 6% on regular sales. There is so much that goes into pricing a home that is hard to factor in or in assisting your buyer in determining a rational price to offer on a home they want to buy that it just simply cannot be done by a computer program . The 6% may seem high and even 5% may but you must factor in: the time to place and cost of advertising, the tenacity to follow up with ads and inquiries and a lot more and that you will probably be paying 3-4% anyway to a Buyers Agent who brings the Buyer.You should try being a "Realtor for a week " and then you will have the right to call it "babysitting".
    Overall you have given an inadequate summation of the process and that is not fair to your readers and should be factored into your recommendation.
    Sep 17, 2012. 08:59 AM | 1 Like Like |Link to Comment
  • A check back to QE2 found stocks rising on speculation of an announcement, and spiking on the day of the announcement - very similar to this time around. The next month, however, saw a sizable sell the news downturn before the effect of the Fed action kicked in, sending stocks on a big multi-month rally.  [View news story]
    The market goes up and the market goes down then it goes up etc.
    We have had no real growth for well over a decade so is the cycle turning?
    Sep 14, 2012. 08:57 AM | 1 Like Like |Link to Comment
  • Cramer's Mad Money - 5 Fabulous Fashionistas of Retail (9/10/12)  [View article]
    No one can expect someone to think for them. No matter who says some stock is a great stock no one should just go buy it based upon that recommendation.
    One should look into any suggested stock and get a feel for it and decide whether you like it or not. I do feel Cramer brings some great stocks to my attention for consideration.
    I personally have not been able to pull the trigger on LULU.
    I am watching it though and possibly might buy it at some future date.
    Sep 11, 2012. 11:07 AM | Likes Like |Link to Comment
  • Bed, Bath and Beyond (BBBY +1.3%) seeks the rights to sell packaged beer, wine, and food after its acquisition of Cost Plus in May set the table for an expanded product portfolio. The company is also exploring ways to remodel stores and obtain licenses in order to host wine tastings.  [View news story]
    Purchased the stock during the recent sell off. My decision to purchase was finalized when I went to the store on Sunday to check it out with an investors eye. I must say that there were so many people in there that it was not so easy to move about with a shopping basket.

    Wine is already sold at the World Market stores in Maryland and DC. The transformation of their stores and up beat presentation of their merchandise sounds like they are approaching a new retail concept in an exciting way that will succeed.
    Aug 22, 2012. 03:03 PM | Likes Like |Link to Comment
  • BofA (BAC) has received requests for information from U.S. and U.K authorities about the setting of Libor and other interbank rates, BofA said yesterday. The firm is also a defendant, along with other banks, in investor lawsuits over the affair. BofA will take a Q3 charge of $800M related to a fall in the U.K. tax rate, and it will contribute $738M to the credit-card price-fixing settlement in the U.S. (10-Q)   [View news story]
    BofA is just in the headlights.
    WFC and all the rest just kept a lower profile and have a better PR department.
    Moved my small business account to Bof A because they offer more services for less than any other bank I shopped.
    Am impressed actually and my life became simpler. One actually speaks to someone in the USA when there is a problem and they get it fixed.
    Aug 3, 2012. 09:47 AM | Likes Like |Link to Comment