Seeking Alpha Portfolio App for iPad
Dividends & Income
View as an RSS Feed
View TPLI's Comments
FAB Universal - Fabulous Not So Much.
There are many reasons for insiders to sell. But it doesn't mean that they are not confident about their company. Pull up any stock ticker and you will see all sorts of insider selling. Unless you have spoken to the actual person, you are merely assuming that they "lost faith in the company". Put it this way, if you are a director of a company, there will come a time when you will decide to sell your shares...does that mean you no longer believe in the business you started?
I understand that a business like FAB would not work in the US...I mean, who uses kiosk to download music? But you have to realize that China is very different from the US. Not every household has Wifi. Not every mobile user has a data plan. That's why having these kiosk makes sense, it's for those who don't have access to download music, apps, etc. Plus, the company not only gets paid from the downloads, they also get paid from leasing the kiosk. You have to understand that culture and lifestyle plays a part. Here's another example, paying for ramen in a vending machine is absolutely ridiculous in the US, but it works in Japan.
BTW, just because you can't find data doesn't mean it doesn't exit. Here is a site where you can purchase music from FAB
But, I commend you for writing this article, it takes guts. Good luck!
Sep 27 11:12 AM
Link to Comment
VIX Flirts With Pre-2008 Record Highs
The VIX isn't that great to trade. If you buy puts, the fact that a drop in the VIX means a drop in volatility. When volatility drops, so does option premium. So you may be right in direction, but you're losing in volatility. I would rather buy stock to play a relief rally bounce. That way I'm not affected by the decrease in volatility. Don't forget that volatility makes up a good chunk of option premium, especially now since VIX is so high.
May 20 02:35 PM
Link to Comment
The Opinion Leaders
Xignite quote data
© 2013 Seeking Alpha