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Cherry Picker

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  • Chesapeake: Short-Term Mess, Takeover Target [View article]
    If CVN is supposed to be CVX the premise would be equally as idiotic as the XOM hypothesis.

    The Whetstone and Gorgon gas projects in Australia represent a massive and long term investment in extracting and exporting natural gas to Asia and other parts of the world.

    Like all good investors, the likes of Chevron and Exxon are far too intelligent to overcommit. There is no doubt that the sum of the pieces is worth more than the whole for CHK at present. CHK investors may very well be rewarded, but the company is going to have to cannibalize itself to survive. In the end it is going to be a much smaller company. Perhaps someone will be interested in buying the company after all the skeletons are out of the closet and finances are in order.
    Jun 10, 2012. 10:09 PM | Likes Like |Link to Comment
  • Facebook: Time To Like It (Apologies For The Pun) [View article]
    No doubt Zuckerberg is a genius and no doubt he and his co-investors were equally brilliant in timing the FB offering to be calculated at the apex of the company's stock price potential/popularity value trajectory.

    His next challenge will be to springboard his FB success to a new venture while at the same time monetizing his current equity position and shifting potential new investors to the next great thing.
    Jun 10, 2012. 09:53 PM | Likes Like |Link to Comment
  • Chesapeake: Short-Term Mess, Takeover Target [View article]
    XOM bought DVN? Wow, my broker and the WSJ must have missed that one. Show me the money!
    Jun 8, 2012. 08:47 PM | Likes Like |Link to Comment
  • Chesapeake: Short-Term Mess, Takeover Target [View article]
    After XOM completed its merger with XTO in 2010, XOM was producing 50% more natural gas in the US than its nearest competitor which happens to be CHK. You may be right about how all this bad new for CHK is depressing its stock price more than is warranted, but it seems that bad news just keeps coming for CHK. Anything is possible, but I don't see XOM wanting or needing more North American natgas exposure than it already has--especially on the scale of a CHK.

    More likely, CHK will continue to hold fire sales until it rights the ship. That's good news is for competitors who see geographic fits for the pieces CHK is selling off. CHK has done everything wrong over the past several years, and is now in the unenviable position of being forced to sell assets when prices are near inflation adjusted historic lows.

    I would also take issue with your BP comments. You state:

    "A federal investigation has been launched into the issue of how honest the company was in reporting the extent of the spill. As a result, BP stock will probably continue to decrease due to the uncertainty over this investigation."

    The accident took place in 2010. Those inclined to sell because of the uncertainty surrounding the company because of Deepwater Horizon accident have already sold. Indeed, the uncertainty over TNKI-BP and related asset sales is much more relevant in terms of present investor concerns.
    Jun 7, 2012. 05:12 PM | 3 Likes Like |Link to Comment
  • The 3-Part Case For Commodities [View article]
    Making gold the poster child for commodities seems a bit disingenuous. If you want to make a statistical case for investments in commodities it might be a bit more even handed to actually mention something a bit more critical to industrial society like copper, petroleum, iron ore, etc.. Gold doesn't heat my house or power my automobile. It is all but nonexistent in almost everything the average American consumes. It's a bit like making an argument for food as a perpetual demand necessity and then using caviar as an example of a good investment in the edible commodities.
    May 22, 2012. 05:44 PM | 1 Like Like |Link to Comment
  • Salesforce.com Just Gained A New Credible Competitor [View article]
    "It is a complete business solution including ERP, CRM, MRP, Financial, Supply Chain, Web Portal and Infrastructure/securit...

    Reads more like one of Saleforce's daily PR blurbs than a reader comment.

    dk1007 has fifty-some comments on this site (under that sn). He or she comments exclusively on CRM (the company).

    Below, dk states:

    "I am not young, I been around working for over 20 years in IT. I see people like you everyday, who are really good at technical, but know nothing on how that relate to the real business."

    Why do is suspect he now works for the company under discussion?
    May 3, 2012. 08:24 PM | 1 Like Like |Link to Comment
  • Salesforce.com Is An Irrational Investment [View article]
    Hmm--dk, 37 total comments under that name--all favorable to CRM--zero likes. Either you bet the farm or you're a troll.
    Apr 2, 2012. 08:36 PM | 3 Likes Like |Link to Comment
  • Conflicting Gasoline Data: How Can We Be Driving More But Using Less? [View article]
    Flipstone and datadave have it right. Haven't noticed that the streets aren't crowded with Hummers and ginormous SUV's lately? These statistics don't indicate anything other than the obvious--the average vehicle gets much better mileage than in the past.
    Mar 24, 2012. 07:48 PM | 2 Likes Like |Link to Comment
  • Salesforce.com Is An Irrational Investment [View article]
    Good! We can both hope for a quick move down to the $90-$100 level. I hope you get your buying opportunity soon.
    Mar 22, 2012. 06:31 PM | Likes Like |Link to Comment
  • Today In Commodities: Commodity Update [View article]
    Crude above $90 a barrel allows well positioned production companies to mint money. These day to day fluctuations and knee jerk reactions are laughable.
    Mar 22, 2012. 06:27 PM | 1 Like Like |Link to Comment
  • Salesforce.com Is An Irrational Investment [View article]
    ...also noted with interest that The Oxen Group initiated a buy on CRM yesterday and dumped their shares for a loss today. Interesting.
    Mar 22, 2012. 06:24 PM | 1 Like Like |Link to Comment
  • Salesforce.com Is An Irrational Investment [View article]
    Noted with some interest that Geoffrey A. Dodge, SVP sales, has left Salesforce to join DataXu, a private company. While nothing can be inferred from this move, it's interesting that anyone at the senior level would be leaving the gravy train of a company that has seen a meteoric rise in business and sales exec compensation.

    Also noted with interest that the company recently set a record for largest amount of inside stock sells in the company's history and that's saying a lot given that options awards are being converted and sold as fast as they become eligible month after month. Certainly that's not new news, but says a lot about insiders having less faith in the future of the company than stock speculators have.

    No doubt here that my short position will eventually yield a nice return. Peter Lynch once remarked in essence that one should have a few irons in the fire at all times as one never knows when a big move will take place. The same goes for this stinker. Sell side analysts love the company, while independent analysts give Salesforce a big thumbs down. Most say that a poor earnings report will ring the bell, but I suspect that insiders will start dumping before whatever news tanks this lemon hits the financial pages.
    Mar 22, 2012. 06:19 PM | 2 Likes Like |Link to Comment
  • This Is The Year Salesforce.com Must Finally Pay The Piper [View article]
    Steve, I suppose you can continue to repeat yourself and attack those who disagree with you because flaming is not prohibited on this site and you really do seem to enjoy posting at length. You may not have read the title of the article: "This Is The Year Salesforce.com Must Finally Pay The Piper." You also may think this article is about your momentum investing philosophy and an invitation to discuss your deep understanding of how the market works and how shallow the understanding of those who disagree with you is. Woe to those who actually discuss the fundamentals of a particular stock and the accounting issues that have led to it being a favorite of short sellers. Please feel free to cut and paste your past comments and repeat them again. This article is about Salesforce.com, not your momentum investing philosophy. Perhaps you should consider writing an article about momentum investing. Why deprive SA readers of the depth of your experience by merely posting a ad infinitum the same comments over and over on an article you disagree with. An individual with your level of maturity and experience should share with the community by writing an article that can be seen and appreciated by all.
    Mar 21, 2012. 04:26 PM | Likes Like |Link to Comment
  • The five-year slide in U.S. home prices will end this year, according to a Reuters poll, followed by the start of a weak recovery in 2013. However, a stagnant 2012 and the meager 1.5% gain expected in 2013 will offer little comfort to the millions of Americans trapped in negative equity — owing more to their mortgage lender, in some cases much more, than their houses are worth.  [View news story]
    Gosh the world ended and no one told me.
    Jan 15, 2012. 07:19 PM | 2 Likes Like |Link to Comment
  • The five-year slide in U.S. home prices will end this year, according to a Reuters poll, followed by the start of a weak recovery in 2013. However, a stagnant 2012 and the meager 1.5% gain expected in 2013 will offer little comfort to the millions of Americans trapped in negative equity — owing more to their mortgage lender, in some cases much more, than their houses are worth.  [View news story]
    It would be nice if home values rose if for no other reason than those who believe they are upside down can then believe they are right side up again. Same house--same payment--different mindset. That is unless you're one of those extremely fortunate people who have enough personal wealth and live in a state where you can walk away scot-free and maintain a good credit rating. For everyone else, it's the same house and the same debt or no house at all.

    I doubt its going to take until 2020 for housing prices to head up unless you're expecting a population decrease. With the population growing by nearly 1% per year, pressure on the rental market will cause the pendulum to swing the other way once again (as it always has). Most adult children aren't keen to live with mom and dad indefinitely.
    Jan 13, 2012. 08:25 PM | 4 Likes Like |Link to Comment
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