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what do I know

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  • The Apple Flash Crash [View article]
    I heard that the "flash crash" was from lack of liquidity on the buy side so any market order went for begging and the rest is story. This time, the Crash was from an well designed and intentioned sell which all got bunched together and that resulted in what happened today ( take some money off the table). So, it was not flash crash!! Market did not stop!
    Mar 5, 2012. 02:05 PM | Likes Like |Link to Comment
  • Why Google, Microsoft Will Kill Facebook [View article]
    People will stop joining clubs, chat on phone, using e-mail , etc. etc. because we have facebook! No, really, how does Facebook enhance standard of living? It is sharing in the advertising budgets of companies with all others ( internet search engines? ) and that dollar source is limited! So, it will kill itself, like Netflix is.
    Mar 5, 2012. 01:57 PM | Likes Like |Link to Comment
  • Apple: Too Far Too Fast? [View article]
    I agree with your assessment that recently AAPL has a very steep ascent in share price but ( you may have done it) have you written when AAPL was not showing any sign of life?

    Second, I think your response to Tradevestor is very ( no, very very) weak. Are you ( I am sure you are ) aware of Android, etc.? I hope you have not offended Mr. Schmidt (?) et al by saying Google is not a technological company. Thirdly, should P/E be a function of the sector? is a retail company, Walmart is a retail company -are the P/Es comparable ( assuming your assertion of P/E depends on sector)?

    Lastly, what do I know.
    Mar 5, 2012. 01:49 PM | Likes Like |Link to Comment
  • Apple Headed For Pullback, Short Term Of Course [View article]
    Dear author, do you still feel the same way (about a pull back ). I really feel for people like you who do not look at facts but just uses inanimate things like, charts and angel crossing, and Bollinger bands, etc., etc.
    Mar 2, 2012. 02:12 PM | Likes Like |Link to Comment
  • Does Bank Of America Get It? [View article]
    From a read of your hibijib it appears that you have personal ax to grind against Wachovia and the bank who bought it and Bank of America ( for reasons valid or invalid). B of A is out of home mortgage business and every mortgagor has to abide by the conditions in the document and before the time of financial affluence banks used to charge to maintain checking accounts and then came the minimum balance thing and then the banks started competition for checking accounts, etc. But, the fact is the banks did need either a minimum balance or a minimum balance not long ago. So, may be it is starting again. just wait for other banks to catch up.
    Mar 2, 2012. 01:46 PM | Likes Like |Link to Comment
  • Could Apple Hit $1,000 A Share? China Holds The Key [View article]
    for long time in several comments I have stressed the importance of China to Apple. In those comments I have expressed my concern that Apple may not be allocating enough resources, both managerial and capital, especially remember the riot when Apple opened its store in Beijing(?) . So there is nothing new to me in your article.
    Feb 29, 2012. 02:57 PM | 1 Like Like |Link to Comment
  • Apple: A Case Of Management Behaving Wisely [View article]
    debt on balance sheet does not impact on the value of the company ( M-M theory).
    Feb 29, 2012. 12:45 PM | Likes Like |Link to Comment
  • Apple: A Case Of Management Behaving Wisely [View article]
    I am a little dense and I do not see how AAPL is like either Company A or B , AAPL is flush with cash, it does not have to borrow money if it it wants to buy back share.

    Also, with the situation in capital market at present ( treasuries at near zero and Dow stuck below 13000 ) I think Apple is doing favor by not giving out dividend, also the revolution against top 1% through excess taxation may make many other companies curtail dividend payments. Look you have elected the Board of Directors so either you believe in their judgment or arrange somehow to provide the Board with your insights, this kind of bickering does not help, it is only wastage of valuable resources, you all could be doing something more useful.
    Feb 28, 2012. 08:41 AM | Likes Like |Link to Comment
  • Apple: A Case Of Management Behaving Wisely [View article]
    dividend is a return of capital when there is no earnings and dividend that is a return of capital is not subject to income tax . If AAPL pays dividend it won't be return of capital. Also, share received for dividend will not be taxed until it is sold and it dilutes eps going forward.
    Feb 28, 2012. 08:36 AM | Likes Like |Link to Comment
  • Bank Of America Rallies Despite Moody's Warning: Fundamentals Not Impacted [View article]
    why Moody has to tell us how any public is doing or do? we can all peruse through the all available information about any company (including financials and non-financials ) as Moody is not illegally privy to information that impacts the value of the company. I really question the social usefulness of organizations like Moody, almost like people who invented CDS. Organizations like Moody's is like calculators that have crippled the young people who do not know how to add 2 with without their calculators. More and more investors will be able to exercise their own judgment like in this instance of investing in banks.
    Feb 27, 2012. 04:24 PM | Likes Like |Link to Comment
  • Why History Should Worry Apple [View article]
    Well, I hate to be 95th commentator but if the author had called me if he should devote so much energy and wisdom into delving in the issue of Apple's fate and future I'd have discouraged the author.

    Look, investors are continuously worried ( concerned ) about this aspect of life, how long this joy ride and have completely ignored the growth factor while valuing the stock (the Law of Large Numbers ) but the reality is that it is not MSFT, CISCO, IBM, ORCL and PCLN. It is a well diversified company with vertical product development so that each of these products could qualify to be an independent company and then nobody would have to worry about the valuation aspect. And you say this can not last for ever but what time period you are really focusing on do you know? The quality of management and the doctrine of "going concern" means "evolution" so, look at MSFT-its no more a software company, it has Skype, X-Box- these are evolution and probably sometime later (its symbol may still be MSFT ) but probably it'd be out of Windows business. So, what are the critical factors- the time horizon and the quality of management are really what determine the value of a company. People project a $1000. share price but forget to forecast the organization structure of Apple by that time. Probably it'd be two companies, each carefully structured and share prices would total $1000. so shareholders would not lose anything. So, I'm not much worried about Mr. Templeton's headache.
    Feb 27, 2012. 01:44 PM | Likes Like |Link to Comment
  • Apple Distributing The Fruits Of Legend [View article]
    What intrigues me much is that people missing two points when talking about the cash pile and target price. Mr. B. thank you for your writing but I didn't get what you are saying here. Are you saying that AAPL will declare a dividend, but the reports coming out of the Meeting reads that Mr. Cook has not decided on that. The stockholders own the company and have entrusted Mr. Cook and his gang to maximize ( I get mixed up with the goal of management, whether it is Optimizing or Maximizing ) shareholders' wealth, is Mr. C. doing it by stockpiling the cash ( After allowing for Cash abroad), that is the question. This distribution does not impact upon the value 0f the share ( which is strictly determined by the quality of AAPL ) except to temporarily affecting the demand for the stock ( but people won't run for it if yield does not compete with other dividend yield ). If stockholders want Mr. C. to part with the cash may be they should go by the book, make a federal case out of it ).
    Feb 25, 2012. 11:04 AM | Likes Like |Link to Comment
  • The Problems Plaguing Chesapeake Energy [View article]
    You guys ( fellow comment originators ) know so much about this ( even though I am with CHK from the time it was $6,$7,$8 ) and currently losing in the neighbourhood of $100k I'll tell you something that puzzles me Why? we are still burning clean coal and Arabian oil when there is so much GAS here. There must be something wrong with natural gas (why nobody likes it?). If I was somebody I would export it all over the world and make USA the captain of the GAS CURTAIL.
    If the P. Basin sale goes through won't it reduce the debt load? Bye!
    Feb 25, 2012. 10:01 AM | 1 Like Like |Link to Comment
  • If Apple Is A Strong Buy, These 5 Chip Stocks Also Should Be Strong Buys [View article]
    I vaguely remember that SNDK was also somehow connected to APPL's fortune. I also remember that ARMH share price has not shown any sign of life in recent times.
    Feb 24, 2012. 03:03 PM | 1 Like Like |Link to Comment
  • Apple's Lack Of A Dividend [View article]
    I think I would not be far from truth if I say that we have much to say about, lets say, Apple and should be grateful to those few who take the time to blurt it out and we all jump to take advantage of this to say what we have in our mind. Its true that this article does not say much but still picks up the issue to explore if a dividend policy has anything to do with the stock price, but it is such a BIG issue that not one factor matters much. First and foremost is the factor if the company earns anything, then comes the variable if the eps is exhibiting any growth pattern, is this company a baby company or adult, if the company pays out any part of its earnings might influence its demand by investors but obviously does not lend to the share value ( only indirectly through supply and demand mechanism ), then come other factors like the analysts who sometimes use Top line growth rather than bottom line ( I do not know what is their foundation ) and also sometime future prospect, no matter how far in the future the investors get so much enamored by the stock ( company ), and then you have purely market related factors, like overbought/oversold phenomenon. See, I got so much out of my chest but if this article was not there nobody would know ( not that it matters ). Thank you dear author for your thoughts.
    Feb 24, 2012. 11:28 AM | Likes Like |Link to Comment