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benitus

benitus
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  • The Trade That Netted Me More Than A 2,000% Return [View article]
    Big Deal. You're not the only one who scored big with FB or any other stock, except that we don't brag about how we made our profits. Humility is always necessary to gain acceptance or respect in this case.
    Jul 29 12:35 AM | 34 Likes Like |Link to Comment
  • White House mulls massive reduction in power emissions [View news story]
    The nonsense never seems to stop coming out of the WH. It's shameful and pathetic, as if they don't have any ideas at all, whether to improve the economy, create jobs or fix the problems and damage that they have caused to our country. It seems that they're trying to outdo each other in the WH with new stuff just for the sake of change, as if to distract the rest of the country from focusing on the problems they have done to us, e.g. letting 36,000 criminals on the street just because they're illegals. Where is Robocop??
    May 16 07:05 AM | 26 Likes Like |Link to Comment
  • Going Over Walter Energy [View article]
    Great article, Paulo. Very informative and interesting facts. I would only say one thing about China and that is its obsession with steel production. They can't afford to let their factories stand idle (too many mouths to feed), which is why they're not hung up on using scrap steel, although they're willing to buy if the price is right. I've got a long standing contract to sell them scrap steel but prices must be negotiated. I did quite well in the mid-90s when I was selling them last-voyage vessels (until those idiots in Pakistan killed the market) and I sold them a few huge locomotives from the Soviet states (at least 50 tons each). Also, China is building war-ships, tanks, guns, etc. to replace their Soviet-era armaments, so demand will continue for years to come, as they endeavor to overtake the U.S. in naval assets, especially when that idiotic Hagen is systematically reducing our military strength and making our mighty forces into toothless tigers. Further, demand for subsidized housing in China is accelerating, so they cannot slow down domestic construction. One thing is for certain about China, steel production may not grow for economic reasons but they cannot decrease for practical reasons. May your week ahead be great and wonderful.
    Apr 12 04:31 PM | 10 Likes Like |Link to Comment
  • Internet stocks tumble again; Twitter falls below IPO opening price [View news story]
    Happy days are here again!! TWTR is toast!! So are all those who've been ganging up on me for my honest comments about TWTR's impending demise for the past few weeks. I feel so sorry for their IRAs and whatever they were playing with. I'm not the gloating-type because it's mean to gloat, especially when others are feeling miserable but I need to remind them to be considerate of others' feelings and refrain from attacking them, just because they disagreed with others' comments. I apologize if I seem to be gloating , as I wasn't. Anyway, as I said before, all that matters is who is making money and who is not, not what was said. I'm glad to be making money from TWTR all these while with my short plays. Happy days are indeed here for me!!
    Mar 26 04:22 PM | 8 Likes Like |Link to Comment
  • Buy First Solar On Top-Line And Bottom-Line Performance [View article]
    Thanks for the research. Great presentation and well-written. However, I'm concerned when you say that First Solar panels' conversion efficiency is currently 13.6% (even though you also say that it's expected to be increased to 17%, which may not come to pass) while China's is around 16%. Even though China's cost of using polysilicon may increase but I do believe that First Solar's cdTe panels are also more costly (correct me if I'm wrong), so please help me put my finger on how First Solar's production cost per MW can be lower than China's, even though First Solar has been able to reduce its own cost of production. Further, I find it disturbing that you don't use the same unit of power measurement when comparing production figures because AC power is only equivalent to 0.637 that of DC power (maybe, 0.747 if you consider RMS values) and what is Wp, by the way. It's difficult to make proper comparisons if you don't keep the basis for comparison the same.
    Don't get me wrong, as I'm all for FLSR, and I'm long on its shares, but I would like to get a better handle on its technology advantage, which I do believe that it has, on its competitors. Although I'm an American patriot and would support FLSR no matter what, it's good to know where we stand when faced with competition, so we can always keep our edge up on them. Otherwise, they'll overcome us in a heart-beat because them Chinese has got deep pockets now (no thanks to outsourcing by U.S. firms and transferring our technology to them), and their undying passion and commitment is to beat us at our own game. Thanks.
    Feb 11 07:18 AM | 8 Likes Like |Link to Comment
  • Facebook - The Current Market Uncertainty Is An Opportunity [View article]
    Jesse....I don't know what I've done to offend you but you could be civil and courteous about your disagreement with my humble opinion. What I've posted is my humble and personal opinion, which doesn't have to comply with your demand for substantiation. If you don't like it, you don't have to be rude and you can ignore what I've posted. I know it had gone below $55 briefly soon after the results but it wasn't sustained. I don't engage in exaggeration and I'm not an analyst, so I can call anything as I see fit. If you don't know the meaning of "unlikely", then maybe, you should consult a dictionary, because it doesn't mean it won't happen, If FB is capable of producing spectacular results, then it will very likely return above $70 but not before it has consolidated at $55 or lower.

    Last but not least, you make yourself look an absolute fool with your insults. Unless you're above age 50, I was trading on the stock market before you were born, so please keep your insults to yourself. It's people like you who give SA a bad name as this is a public forum for intelligent and educated people who're supposed to be kind and civil, not consumed by hate and vitriol, just because opinions expressed goes against your trading position. Have a good day and please remember to be civil and courteous if you choose to respond to my reply to your ugly post.
    May 4 12:11 PM | 7 Likes Like |Link to Comment
  • Facebook Is Insane - The Stock May Be A Short [View article]
    I agree fully with Michael's observations and professional discussion of FB's prospects because my take is that Mark Zuckerburg's only objective of buying up Whatsapp is to simply take it off the market, i.e. one less rising star to compete with FB. Only Mark knows the full potential of FB and he knows full well the direction of where the popular public demand is heading, and that is not the entire spectrum of facilities that FB's platform is offering, so if he doesn't take down (or, in this case, take out) what he sees is the immediate threat to FB, i.e. Whatsapp and possibly, other rising stars in the future, he may find himself fighting a losing battle eventually and FB may beome what Michael had so accurately described in the demise of Nortel. If Mark is willing to spend $19B on something without any promise of revenue stream or technological enhancement to FB, then it's got to be seriously serious. He's definitely not an idiot, so something must be said about his actions.

    In fact, Mark is doing what the oil industry had done to inventors of alternative forms of propulsion for automobiles as early as 50 years ago or more, which they viewed as direct threats to their industry. They simply bought out those inventors, gave them stocks and highly-paid jobs doing nothing, burnt the plans and didn't do anything about developing those inventions (some of them had even committed suicide). He will continue to do what Microsoft and Apply had also been doing, viz. buying up new technologies that will add value to improving FB or to take them off the market altogether. I won't be surprised if Mark will eventually gobble up every new start-up that poses a threat to FB. Whether he will absorb their technology or simply bury them is entirely up to him.

    What his actions does prove is that FB is truly concerned about competition and there is indeed a limit to the growth of FB. Whatever it is, it shows that FB is not as invincible as its over-enthusiastic supporters make it out to be. Hence, I agree that this is a very good time to short FB and I'll continue to add to my short positions. Great job, Michael. Thanks for the facts and figures.
    Feb 20 09:49 AM | 7 Likes Like |Link to Comment
  • A bipartisan Senate bill would force all banks to hold capital of 10% and those with over $400B in assets an extra 5%. The strictest provisions would hit six banks: JPMorgan (JPM), BofA (BAC), Citigroup (C), Wells Fargo (WFC), Goldman Sachs (GS) and Morgan Stanley (MS). Analysts reckon the bill has little chance of becoming law, although its authors reckon support for the measures are growing. [View news story]
    This is a storm in a teacup and nothing new for the banks because they've all been raising their capital margins to 10%, although it might take some doing to raise another 5%, particularly for Citi, which has largely held the bulk of its assets overseas, by virtue of its vast foreign holdings.

    This is yet another stupid contradiction of Hussein Obama's ignorant admin of creating further chaos for the economy. One moment, he's asking the banks to let up on their tough restrictions for lending to those with low credit ratings, and the next moment, he wants to squeeze the ability of the banks to generate more and new business. How stupid can this be? The very idea is mind-boogling.

    In fact, some overseas countries have done studies into the efficient margin that banks can hold without diminishing their ability to grow their business and they found that 10% was the limit, which is why many of their banks operate at 5% (some even 3%) margins, especially in the days of high-interest deposits, because it costs money to receive and hold deposits, which will hurt the banks' bottomline if too much of their deposits are sitting with the feds doing nothing.
    Apr 7 08:19 AM | 7 Likes Like |Link to Comment
  • Why Bank Of America Is Overvalued [View article]
    Chris, I'm afraid to say that your assessment is NOT fair and balanced. You tend to use only statistics to suit your purposes and your "margin of ignorance" is far too wide to be taken seriously, e.g. "I'm forecasting a net profit margin between 2 percent and 15 percent in 2013. The low end of my forecast for net income applicable to common shareholders is $1.36B and the high end is $13.23B". Your range of forecast is analogous to being between the earth and the moon, so you've got all the bases covered, which any idiot (like me) can say the same and not be wrong. The range should be narrowed by more than half, to be considered realistic. Generally, when we use ranges, it should be at most triple, if not just double. Otherwise, you would make yourself look stupid, since you don't know enough to make a realistic assessment or projection. Like I used to say to my people, if you can't make any useful projections, then don't make any at all, so that you won't lose credibility or esteem.
    Feb 14 05:28 PM | 7 Likes Like |Link to Comment
  • Why Bank Of America's Projected Dividend Increase Is Only The Beginning [View article]
    $20 can be expected in the foreseeable near future, if dividends are raised, which BAC must effect, if they want to avoid a downturn on its shares. If that happens, then $25 might be possible in 2015. Let's drink up to its future potential.
    Feb 25 08:04 AM | 6 Likes Like |Link to Comment
  • Why Bank Of America's Projected Dividend Increase Is Only The Beginning [View article]
    Well done, Josh. Thanks for the inspiration. Looking forward to higher dividends, hopefully 20cts but that may be too much to hope for, which BAC can easily afford. However, management might still be dragging their feet across the line. Let's drink up to a brighter future. Live long and prosper, my friend.
    Feb 25 07:39 AM | 6 Likes Like |Link to Comment
  • If WhatsApp Is Worth $19 Billion, Then Facebook Isn't Worth $173 Billion [View article]
    Interesting write-up and I do agree with you that FB is over-valued for what it does. I'm short FB. Thanks for the effort.
    Feb 23 07:35 AM | 6 Likes Like |Link to Comment
  • Facebook: Mobile A Success, Much More Success To Be Had [View article]
    Sounds like more cheer-leading for how good FB is. Zuckerberg is not Steve Jobs and he's having a tough time keeping his act together. He had a stroke of luck with Mobile ads, which at one time many people were decrying. I'm still convinced that FB is a short-play and all it takes is a short fuse to blow it up.
    Feb 23 06:54 AM | 6 Likes Like |Link to Comment
  • Bank Of America: A 7.2% Yield For Your Retirement Portfolio [View article]
    Great job, Josh. Very well-written and clearly explained. Always a fan. You make complicated topics very simple for idiots like me. Thanks for the hard work. Have a wonderful weekend. God bless.
    Feb 21 08:10 AM | 6 Likes Like |Link to Comment
  • Asia Is The Future Of Facebook [View article]
    Great article. Excellent presentation. Thanks.
    Feb 14 07:56 PM | 6 Likes Like |Link to Comment
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