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benitus

benitus
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  • Twitter: It's Time To Deliver [View article]
    Bill, great article as always. I've always maintained right from the outset when others were singing all kinds of tunes, that the floor for TWTR was $35, which indeed it was, because several attempts to force it down towards $30 were roundly rebuffed, by sideliners and supporters alike. Now that it has been pushed past $40, it will likely remain under $45 until something new comes up.

    My take on the reduced short interest is that the big boys has gone elsewhere to play with other more attractive (i.e. more volatile) stocks. I've also lost interest in TWTR for now because its intra-day movements has reduced sharply in recent days, which weren't enough for me to make good money, although I'm still making money from TWTR through alternate short and long plays.

    Hence, I would caution against any ebullient exuberance to push up TWTR too much and too fast because that would certainly attract the big traders back into TWTR who will surely short it into "hell", so you shouldn't be too sure of the MIA shorts (they're always there, hovering like vultures to swoop down when the picking's right). The way to ensure TWTR keeps on going up and staying up is to allow it to creep up, instead of bidding it up too fast, which will "force" or attract short-players like me to wade into the fray again, because there's always money to be made with stocks which shoot up too much suddenly, since everyone must come up for air and pull back sooner or later. "Vultures" like me is always waiting (or hungering) for lunch to be served.

    Given the current circumstances (which hasn't changed much, although management has been doing lots of shuffling lately, but still short of total transparency about its dubious spending), I would consider that the appropriate price range for TWTR to be $36 to $38 at this time, until such time when it does indeed produce spectacular results that will put any doubts about its future completely to rest. Even if guidance were to be raised and even if results were a beat, they must be spectacular for TWTR to go above $50 (and stay there), particularly as the Damocles sword of a major market pull-back has been anticipated for several months, which I'm hoping would happen before the end of the year. I've never liked to sit on the sword's edge and walking on egg-shells even though such conditions are money-makers for my trading patterns. A pull-back below $38 is always good for the stock's resilience because it's better to have "what goes down must come up", rather than "what goes up must come down" for stocks to stay up. Have a wonderful day.
    Jul 2 06:50 AM | Likes Like |Link to Comment
  • First Solar scores 150MW CA solar project [View news story]
    Well, it appears that the chickens are indeed coming home to roost. I'm looking at $75 or more before the next results, now that it has gone past the resistance level of $72. It is definitely not coming down below $65 any time soon.
    Jun 28 08:42 AM | Likes Like |Link to Comment
  • Yandex: A Wonderful Business At A Bargain Price [View article]
    Nobody in the world, i.e. foreign leader, believes that Obama is a man of his word because he has absolutely no idea what to do and isn't a person of conviction (relying on people around him, who're all useless parrots) and unable to lead (except in a protest march) in any capacity, which has led to so much chaos around the world. He doesn't pick up the phone to defuse any crisis but relies on hired help to get the job done, which seldom gets done because no foreign leader would stoop so low as to bend to his Majesty's will, presented by his minions. All foreign leaders of any capacity requires respect because that's all they value most.

    A case in point is our veteran Marine abandoned in Mexico for more than ten months and still languishing in jail. Kerry went to Mexico and did nothing. Mexican President came to the White House and Obama did nothing. George Bush would simply pick up the phone and tell them to release our Marine veteran suffering from PTSD or else, we cut off our U.S. dollars immediately, period. Obama has no compassion for America or else, he wouldn't be running down our economy and endangering all Americans overseas. Another unmitigated disaster is in Syria, where he refuses to extend any military assistance when the rebels needed them most and only now, he wants to provide training, etc., so that they can oppose ISIL (which Kerry made very clearly). The general response from the rebels (who're now in disarray) is that they're insulted that Obama wants to use them to do what he's unwilling to do and it's 18 months too late because the ISIL has grown to be the largest force when it used to be an upstart at the outset.

    Ukraine is another mess, which could've been stopped in its tracks, if Obama has taken immediate steps to stop Putin from getting involved. Talk about consequences is just that, which nobody believes because it'll be too little, too late. I fear for our beloved country, which is slowly being destroyed by Obama and his cronies.
    Jun 28 08:32 AM | Likes Like |Link to Comment
  • First Solar: Land-Intensive, Seasonal, Part-Time Energy [View article]
    fremont....you're absolutely correct to point out this fact. The author's use of 8,000 hrs/yr of production clearly shows that his article is not fair and balanced, i.e. unbiased, because there are only 8,760 hrs in a year and they need to shut down at least 2 to 4 days every month for periodic maintenance but what about equipment failure that necessitates reducing its production, which affects every mechanical or moving part. Further, any power plant does NOT produce at full capacity 24/7 because their production depends largely on demand, so the costs will go up when demand is low, which is why the rates are lower for off-peak usage, so as to encourage increased usage during such times. All said and done, 5,500 hrs annually would be more likely on average but the greatest enemy of coal-use is never about cost of coal (which in fact has reduced due to reducing demand) but the EPA and environmentalists, who have absolutely no regard for the livelihoods of millions of Americans dependent on the coal industry. Have a wonderful weekend.
    Jun 28 08:14 AM | Likes Like |Link to Comment
  • First Solar: Land-Intensive, Seasonal, Part-Time Energy [View article]
    Gentlemen, I believe you know the answer but it's better to come straight out with the facts than to deride the article with caustic remarks. Don't get me wrong. I'm a FSLR supporter, as I'm making money from trading its stock. But the facts remain that solar energy does indeed have lots of walls stacked against it as compared to conventional coal-fired energy (which actually makes wind-energy a more reliable alternative but we're not discussing wind here). However, coal-use has got the EPA and all the environmentalists working against such usage, which inevitably makes solar-energy a safer bet. That is what I don't understand, which makes this article unreliable, in its failure to present both sides of the equation, viz. the case against coal-use is so obvious that the author should not fail to present the facts, so one can only presume that the author is biased against solar energy, period. That makes reading this article a waste of time because anyone can appreciate that coal-energy is cheaper than solar but the EPA is hell-bent on killing it, which is why coal stocks have been so badly beaten down over the past year or more. Promoting its case without presenting a balanced argument only makes such efforts unbelievable. May your days be bright and prosperous.
    Jun 26 07:40 AM | 4 Likes Like |Link to Comment
  • Yandex: A Wonderful Business At A Bargain Price [View article]
    Mark, thanks for asking but I haven't found my feet yet with this stock. Still watching and waiting to get my vibes before I wade in, probably with at least 5,000 shares, so if I can get $2 intra-day, that will net me a cool $10 grand, but it has yet to be seen. It may be my disgust with Putin and the Russkies (never trusted them and never will). God bless.
    Jun 25 09:49 AM | Likes Like |Link to Comment
  • Twitter Finally Warms Up To Wall Street [View article]
    Thanks, bently, for your kind compliments. TWTR hasn't broken $40 yet and it may take some doing to do so. Have a wonderful day.
    Jun 25 09:33 AM | Likes Like |Link to Comment
  • Yandex: A Wonderful Business At A Bargain Price [View article]
    It's easier to make money on large volume trades because we can cover with slight movements, rather than to wait on edge for larger gains, so making a single round-trip would earn profits twice and most volatile stocks would enable several round-trips intra-day. That will avoid greed and emotion in our trades because we make more money with small movements and trading large volumes than to wait for large movements with small volume that may never come everyday.
    Jun 23 10:56 PM | 1 Like Like |Link to Comment
  • Yandex: A Wonderful Business At A Bargain Price [View article]
    Dear James, you may wish to know that, as many day-traders like myself would tell you, it's easier to make money from shorting stocks, especially after a run-up because everyone pauses to take profits, which is why the big-time traders will ride the market sentiment (whether it makes sense or not) to push overly-active stocks either up or down and then be the first ones to turn around when they cover their plays before pushing it the other way again. That's how they create highs and lows intra-day, so that they can keep on making round-trips which keep on making money, at the expense of those who think too much or analyze too much, particularly the individual players. Before the market opens, they decide what they're going to play with for the day and the word is indiscreetly let out to their grapevine, so that they garner maximum support to achieve their objective and everyone in the game makes money, including yours truly. So, don't look down on short-sellers, as most of them make money, except for those who went in a little too early, but if they continue to increase their shorts, they will improve on their average price, which will enable them to recover their paper losses much sooner and perhaps turn into profit. May the odds remain always in our favor.
    Jun 23 10:49 PM | 1 Like Like |Link to Comment
  • Yandex: A Wonderful Business At A Bargain Price [View article]
    Wow, 81george, I'm impressed. have a wonderful week ahead.
    Jun 23 10:33 PM | Likes Like |Link to Comment
  • White House mulls massive reduction in power emissions [View news story]
    It depends what stock you're following because some of the other newsfeed are rather intelligent. Just ignore posts that defy logic. Have a wonderful day.
    Jun 22 01:42 PM | 1 Like Like |Link to Comment
  • Yandex: A Wonderful Business At A Bargain Price [View article]
    A Fraser, both 81george and I share similar sentiments and we exchange information from time to time. We're both into TWTR, FSLR and FB, but I trade them more often than him, so he's out to make serious money while I'm more into the daily peanuts and oftentimes, I can put food on the table. Trading stocks and making money everyday is my business, so I keep my portfolio small but heavy on volume. Some pebbles everyday would build a decent pile in no time. If you've got any good and volatile picks, I would be glad to look into them. If you're like me, you can consider GMCR. I've been trading this sucker since it was in the 20s and have been making money almost everyday with this bad boy because it moves up and down intra-day and I do at least one round-trip daily. Last week, it had a good rally and is now ripe for shorting. I would jump in anytime after $125 but it shouldn't go past $130, so time your short.
    Jun 22 09:24 AM | Likes Like |Link to Comment
  • Yandex: A Wonderful Business At A Bargain Price [View article]
    Hello, 81george, I'm surprised to bump into again. How did your trade go? Did you make anything? Or are you still holding on to your short?
    Jun 22 09:12 AM | Likes Like |Link to Comment
  • Yandex: A Wonderful Business At A Bargain Price [View article]
    A Fraser, if I'm new to a stock (as I am to YNDX) and I'm interested to get into it, provided there's sufficient volatility for me to trade it for profit, I would buy and short the stock, not equally, but more for the likely outcome, i.e. using your guesstimate of +100% or -30%, I would buy more and short less, because whichever way it goes, I would make profit, so that when I reverse my position to cash in my profits, I would average down my costs. When the price bounces back the other way, I would be able to cash in the other side earlier and increase my profits. The only drawback would be if the stock keeps on going after cashing in my profits and I would then begin to incur losses, so the only thing for me to get into this stock is its volatility, since I'm a trader and not an investor. Hence, I would be grateful if you can tell me how volatile is this stock, since I know nothing about it? Thank you.
    Jun 22 09:10 AM | Likes Like |Link to Comment
  • Twitter Finally Warms Up To Wall Street [View article]
    for That's what I had been saying many months ago, that it has to come down below $35 before it can go back up again, which indeed it has, having done that on 05/06/14 and went as low as $29.51 on 05/07/14. It stayed below $35 until 06/10/14 when it began its march back up again.

    Having consolidated considerably in that single month, the decks were finally cleared for those standing on the sidelines to come back in and for those big boys who had gone elsewhere to play to come back and play with TWTR again, especially when it's fairly cheap compared with other popular stocks who had risen considerably (mine did). It will bounce between $35 and $40 for some time before breaking $40 and going higher but I can't see enough momentum pushing it past $45 because the volume has also cooled off.

    Good luck to those who're still holding onto TWTR from its highs above $60 because it will never get back there again, so please, trade down and cut your losses before something else happens and TWTR comes back down again. If it does go below $30 (maybe, in a month or two, if ever), depending on any bad news, and stays below $30, we might well see the slide to $20. So, I would suggest for the long-term short-sellers to hang on to your shorts and wait another couple of months to see the sun shine for you. Good luck to one and all. Live long and prosper.
    Jun 20 08:23 AM | Likes Like |Link to Comment
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