Seeking Alpha

Cherry Picker

Cherry Picker
Send Message
View as an RSS Feed
View Cherry Picker's Comments BY TICKER:
Latest  |  Highest rated
  • Apple's Pricing Power? Questionable [View article]
    AAPL is a fine company, but somehow that idea that Apple's competitors are going to collapse (as well as the commodity market according to you) and this will be good news for AAPL, sounds a bit delusional.
    Jul 5 10:31 AM | Likes Like |Link to Comment
  • Salesforce.com: Institutional Investors Are Preventing The Short Thesis From Playing Out [View article]
    After reading your article, it's not really clear why you are long CRM. It seems that the arguments pro and con don't provide any fundamental reason to own the stock and with the confusion over how and when CRM is actually going to convert revenue growth to profits, one would stay away from this stock.
    Jul 5 10:16 AM | Likes Like |Link to Comment
  • Critics have long accused the potash industry of operating like a cartel to keep prices artificially high. They're now closer to having their day in court, as a U.S. Court of Appeals rules an antitrust suit against potash producers can proceed - likely to play out over a long time, with no one sure where it will go. POT, AGU and MOS could face total damages of $2B-$6.5B if they lose.  [View news story]
    Yes, collusion, monopolistic behavior, and skirting the law are all part of the American dream. Everything you hate, especially things that come between your dreams of endless riches are all Obama's fault.
    Jul 3 08:51 PM | 2 Likes Like |Link to Comment
  • Two directors are betting with their own money that Chesapeake (CHK) is on the rebound. Merrill Miller Jr. bought $498K of stock last week, and newly appointed Brad Martin purchased $355K, the first time two insiders have bought CHK during the same week since last August.  [View news story]
    They're betting with Carl Ichan. Next step--remove McClendon. We're talking breakup value here.
    Jul 2 05:53 PM | 1 Like Like |Link to Comment
  • Critics have long accused the potash industry of operating like a cartel to keep prices artificially high. They're now closer to having their day in court, as a U.S. Court of Appeals rules an antitrust suit against potash producers can proceed - likely to play out over a long time, with no one sure where it will go. POT, AGU and MOS could face total damages of $2B-$6.5B if they lose.  [View news story]
    02/16/2012: Jim Cramer said POT was going to $200 (pre-split). Was he talking about something he was smoking? Another industry colluding to screw its customers. Shocking!
    Jul 2 05:48 PM | 1 Like Like |Link to Comment
  • The Justice Department reportedly is probing Chesapeake (CHK) and Encana (ECA) for possible collusion after a Reuters investigation showed top brass at the two rivals plotted to avoid bidding against each other in Michigan land deals. The state's AG office and Department of Natural Resources also are believed to be looking into the allegations.
     [View news story]
    If you're happy with McClendon then you must have been smart enough to short the stock some time back. Nothing like being able to get in at post crash prices. From everything I've read about McClendon's behavior over the course of the past several years it's easier to conclude that he's a degenerate gambler rather than another wildcatter with a big portfolio gone squishy.
    Jul 2 05:39 PM | Likes Like |Link to Comment
  • The Justice Department reportedly is probing Chesapeake (CHK) and Encana (ECA) for possible collusion after a Reuters investigation showed top brass at the two rivals plotted to avoid bidding against each other in Michigan land deals. The state's AG office and Department of Natural Resources also are believed to be looking into the allegations.
     [View news story]
    So at the height of a buying frenzy they only slightly overbid?
    Jul 2 03:40 PM | 2 Likes Like |Link to Comment
  • Apple's Pricing Power? Questionable [View article]
    MacBook's market share is 14%. The same logic will make non-Apple tablets look like juggernauts in a year or so. Apple has had first mover advantage for some time now. The question is, without Jobs, will this continue? The Air Jordan crowd will always be out there willing to shell out silly money for the coolness factor, but the real world works a bit differently and spends its money on basic functionality. Apple will never control core market technology because of the way innovation evolves. Enjoy the ride while you can.
    Jul 2 02:28 PM | 4 Likes Like |Link to Comment
  • Apple's Pricing Power? Questionable [View article]
    The logic is indeed true. Pricing power equates to a company's ability to control a market. The charts above show what happens as competing products erode a company's (in this case Apple's) ability to maintain price and by extension juicy margins and/or the market becomes saturated. The challenge for AAPL will be to continue to innovate and stay ahead of the crowd and that's not an easy trick to pull off indefinitely. The same thing is happening now in the tablet market. As much as Apple lovers want to jeer, MSFT, most PC manufacturers will be answering with equivalent products at lower prices.
    Jul 2 01:50 PM | 4 Likes Like |Link to Comment
  • Today In Commodities: Bullish Surprise [View article]
    Don't know what the market will do, but with all of these great minds insisting the end is near, I wouldn't be surprised to see the markets begin to march higher.
    Jun 30 08:35 PM | Likes Like |Link to Comment
  • Today In Commodities: Bullish Surprise [View article]
    Reacting emotionally to market behavior that defies your personal sense of reality and what you believe really should and should not happen can be dangerous to your financial health. The spectrum of possible actions to be taken is indeed wide, as is the spectrum of possible outcomes.
    Jun 30 08:29 PM | Likes Like |Link to Comment
  • Salesforce.com Is An Irrational Investment [View article]
    A seven hour outage this week illustrates why first class companies have backup systems and their own IT staff. With Salesforce's all-in-one solutions, when the system goes down, you're effectively out of business.
    Jun 30 04:12 PM | Likes Like |Link to Comment
  • Amazon Web Services (AMZN) witnesses a giant outage thanks to the storms that hit the East Coast last night. The outage affected Netflix (NFLX), Instagram, Pinterest, and many other clients. It's the second time AWS has gone down in June, and, together with a Thursday Salesforce.com (CRM) outage, drives home the reliability concerns some enterprises still have about cloud services. The outage comes days after Google (GOOG) launched a rival cloud infrastructure platform.  [View news story]
    It's bad enough when the power goes out at home and TV, air conditioning, the lights and just about everything else stops working--now that migration to the cloud is underway it may give pause to businesses who can't afford to be out of business for most of the day because their wonderful fool-proof CRM suite is no longer accessible. No wonder these guys pay their salesmen so much. It takes a lot of BS to convince subscribers it will never happen when it does.
    Jun 30 04:08 PM | 3 Likes Like |Link to Comment
  • Natural Gas - The Good And The Bad [View article]
    I don't see any mention here of range. How many miles will converted vehicles get per fill? The answer is worthy of debate all on its own, but for vehicles that depend on miles traveled per day for revenue, substantially diminished range is a material factor.
    Jun 10 10:40 PM | 1 Like Like |Link to Comment
  • Seth Klarman Betting Big On These 2 Stocks [View article]
    Let's see. Nova God went from around $5 to $16 after the Paulson/Soros pump. Now Soros is out and Paulson has added to his position. Remind those who bought in the $14-$16 range why NG is such a great investment. It's just about back down to where it was before all the hype. Time for more hype.

    The company produces financial reports, shuffles stock and promises of future glory and little else. How many years have investors been waiting on permitting? Makes you wonder whether permitting delays have more to do with the company not being able to move forward than sticky environmental issues.
    Jun 10 10:28 PM | Likes Like |Link to Comment
COMMENTS STATS
383 Comments
712 Likes