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  • The greenback slides vs. the yen, euro, and sterling following the weak payroll report, but rises against the aussie and the loonie. The big move comes against the yen, dollar/yen falling 1.1% to ¥81.50.  [View news story]
    Typical knee jerk reaction around the Yen. Those with a view longer than next week know that there's big trouble in Japan.
    Apr 6, 2012. 09:48 AM | 2 Likes Like |Link to Comment
  • In spite of all the hype surrounding its U.S. launch, Spotify has only obtained 3M users and 600K paid subscribers within the country, reports the NY Post. Restrictions on Spotify's free service have alienated users, and the $10/month charged for mobile streaming is too rich a price for many. Pandora (P), which had 47M active users at the end of January, must be pleased to see the report.  [View news story]
    While I won't pay for any premium music service, Spotify dominates Pandora in every conceivable way. I use Spotify every day and I love it. I don't care about the commercial that pops up every 3-4 songs. Spotify's relationship with Facebook is key and people are only just now getting acquainted with it.
    Apr 4, 2012. 10:11 PM | Likes Like |Link to Comment
  • After rocketing higher for nearly three years, gold prices finally appear to be falling back to earth - gold fell 3.5% to a 12-week low, and silver sank 6.7% - and here come the shorts. Gold is typically seen as a safe-haven investment, but lately it has acted as a more traditional commodity, suggesting it is still mainly driven by speculation.  [View news story]
    Sorry, but I disagree with everything you wrote. You either do not understand the purpose of gold as a currency or just outright deny it. Also, it is necessarily an investment. But, you show your own lack of investment understanding when you say investments must generate returns and gold does not. Returns don't have to come strictly in the form of dividends or interest. Last time I checked, capital gains count as well. Gold is up from 250 to 1625 in the last 10-12yrs while stocks have done zippo (more or less).

    When countries around the world continue to devalue their fiat currencies through inflation, gold preserves buying power. Gold has also been money for over 5000yrs.
    Apr 4, 2012. 06:34 PM | 2 Likes Like |Link to Comment
  • The bull market in stocks is going to run for the rest of the year, despite the market's already-outsized gains, says Byron Wien. “Over the past three months the pessimistic mood has changed to optimism,” Wien observes, and buying will continue to pick up as more equity "disbelievers" are converted, the economy improves and more companies follow Apple’s lead in paying dividends.  [View news story]
    Wien hasn't been smart money in about 20yrs.
    Apr 3, 2012. 09:34 PM | 3 Likes Like |Link to Comment
  • Over half of all U.S. smartphone owners are now Android (GOOG) users, according to comScore's data for the 3-month period ending February, and another 30%+ use the iPhone (AAPL). The platforms had share gains of 150 bps and 70 bps, respectively, from the 3-month period ending January. The gains came at the expense of both the BlackBerry (RIMM) and Microsoft's (MSFT) legacy Windows Mobile platform. (also)  [View news story]
    Thats not the point. Point is RIMM is steadily losing share.
    Apr 3, 2012. 08:02 PM | 2 Likes Like |Link to Comment
  • Research In Motion's (RIMM) North American smartphone share, long in freefall, may now be below 5%, says BlueFin's Paul Peterson, who believes RIM's much-criticized marketing efforts have been a dud. Peterson expects RIM's FQ4 unit shipments to come in at the low end of its guidance range when it reports on Thursday, and says his checks indicate RIM has significantly reduced build orders for the next 6 months. (also)  [View news story]
    $RIMM isn't undervalued when it's going the way of the DoDo. You can't look at P/Es in a vacuum. They are losing mkt share around the world with products that no one wants. Once Apple was cleared by the major financial firms, the gloves came off. Sure they have some value in their patents and other IP, but the more time passes the less valuable they become. They are years behind Apple and Samsung and it's obvious to anyone willing to pay attention. If they don't make a sincere effort to sell or merge, they will be finished. WHEN not if.
    Mar 26, 2012. 07:55 PM | 1 Like Like |Link to Comment
  • Abercrombie & Fitch (ANF -1.4%) underperformed today, possibly thanks to an article from The Deal noting industry skepticism about LBO interest. Abercrombie's weak results and the challenges involved in obtaining debt financing are cited as key obstacles. Moreover, management is said to be wary of making a deal, and P-E firms don't like the volatile nature of the specialty apparel retail space.  [View news story]
    This stock is horribly overpriced. They are closing 300 stores in the US and slowing int'l expansion. The idea that they are going to incr FCF by 3-4x over the next few years is laughable. How do you do that when you are net CLOSING locations? Also, the stock has already rallied over 20% in the last month. Did people forget the last two qtrs weren't so hot?

    Cotton prices help margins, but they don't necessarily help get bodies in the door to generate sales.
    Mar 23, 2012. 11:46 PM | Likes Like |Link to Comment
  • More on AOL: Bloomberg reports AOL has also tasked Evercore with exploring "strategic options," and that P-E firms Providence, TPG, and Silver Lake have approached the Internet pioneer about taking it private. The firms are likely interested in the cash still being thrown off by AOL's steadily declining dial-up ISP business. Similar rumors popped up last summer.  [View news story]
    The company overall is terrible IMO, I can see buying a declining business if the payback period is fast enough, but I cant imagine that a PE firm would take them out at a premium.
    Mar 23, 2012. 11:40 PM | Likes Like |Link to Comment
  • Don't Give Up On Solar Just Yet! [View article]
    If they don't work, then lifetime warranties only end up costing the company MORE money - killing operating margins and eating up potential net income. What good is that? And that is what we saw from this last quarter. Not to mention that when this kind of problem arises it is very difficult to forecast future warranty expense. The only fix is to make better products and so far we haven't seen that they are able to do this.
    Mar 18, 2012. 01:02 PM | Likes Like |Link to Comment
  • Don't Give Up On Solar Just Yet! [View article]
    It doesn't help when FSLR's panel are defective. Sold to you.
    Mar 16, 2012. 11:29 PM | Likes Like |Link to Comment
  • It looks like no news is good news for Research In Motion (RIMM +5.2%). Shares are jumping after RIM announced it would release its FQ4 report on March 29 ... and didn't provide a warning to go with its statement, after having repeatedly done so with similar announcements in the past. Many on the Street expected a warning to arrive.  [View news story]
    Thanks but I travel the globe rather frequently. Their grip on int'l customers is slipping rapidly and they've essentially lost the US market. They offer a product that is behind and that no one wants. Their efforts to copy Apple have been complete and total failures. As the old saying goes...SOLD...to you.
    Mar 16, 2012. 01:43 PM | Likes Like |Link to Comment
  • Fossil fuels can't possibly account for the world's energy demands - forecast to grow 5X by 2050 - according to Matthew Frankel as he tells investors not to give up on the solar industry. While he calls out First Solar (FSLR +4.1%) as his favorite name in the sector for its propensity to break its own records for PV panel efficiency, he also notes that a better way to bet on solar is by using the Guggenheim Solar ETF (TAN) or Market Vectors Solar Energy Index ETF (KWT).  [View news story]
    I think the company could fold completely. I wish it was 300/sh.
    Mar 16, 2012. 01:41 PM | 1 Like Like |Link to Comment
  • It looks like no news is good news for Research In Motion (RIMM +5.2%). Shares are jumping after RIM announced it would release its FQ4 report on March 29 ... and didn't provide a warning to go with its statement, after having repeatedly done so with similar announcements in the past. Many on the Street expected a warning to arrive.  [View news story]
    Good for me - I'll be waiting to short it. What's the value of something no one wants? Zero.
    Mar 16, 2012. 11:26 AM | Likes Like |Link to Comment
  • Fossil fuels can't possibly account for the world's energy demands - forecast to grow 5X by 2050 - according to Matthew Frankel as he tells investors not to give up on the solar industry. While he calls out First Solar (FSLR +4.1%) as his favorite name in the sector for its propensity to break its own records for PV panel efficiency, he also notes that a better way to bet on solar is by using the Guggenheim Solar ETF (TAN) or Market Vectors Solar Energy Index ETF (KWT).  [View news story]
    What part of their last call did he not understand? Their panels DONT WORK. He's just sucking in ppl to lose their cash.
    Mar 16, 2012. 11:23 AM | 1 Like Like |Link to Comment
  • Bank of America (BAC +4.6%) has passed the Fed's stress test as well, say sources, but has not requested to do a buyback or increase its dividend, reports the WSJ. (earlier)  [View news story]
    Is that why they keep selling assets?

    And I think the markets are insanely overdone here. You cant give a 14-15x multiple to a market completely supported by central banks globally. Now look at the slow down taking place in China, Japan, Korea, and Australia. People want to ignore a lot of that bec they are driven solely by the charts and they all look pretty right now. Or ignore the fact that sans Apple, none of the domestic numbers look all that rosy including the retail sales number from yesterday. No one care about the macro now...but they will.
    Mar 14, 2012. 10:33 AM | 1 Like Like |Link to Comment
COMMENTS STATS
291 Comments
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