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Joe from the Beach

Joe from the Beach
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  • InvenSense, By The Numbers [View article]
    About 40 points ago. I was in a hospital lobby in which Intuitive Surgery was demonstrating its DeVinci machine. This machine allows a surgeon to preform an operation with aid of a color view of the patients insides. The surgeon has manual controls which allow precise cutting and sewing. One of the people with Intuitive told me that Intuitive was a software company not a machine maker. This was accurate as many companies can build a DeVinci robot but perhaps Intuitive is the only that can produce the correct software to drive the machine.

    I see INVN is a similar business position. Its 6 six axis software is unique and therefore very valuable.

    What I would lie to see here is a stock for stock merger of ISRG and INVN. Long term its software is bound to have many uses beyond cell phones. Smart watches, and surgery machines. The sharing of existing technology might even make the further application even more valuable. The bigger company might then be a solid long term hold
    Apr 16, 2015. 10:48 AM | 1 Like Like |Link to Comment
  • Fiesta Restaurant Group's Growth Does Not Meet Investors' Expectations [View article]
    This is a classic growth stock. There a lot more States out there. As previously noted, the food at Pollo Tropical is really excellent and the prices are right. I would guess in ten years FRGI will ten times more valuable, at least.
    Apr 12, 2015. 07:14 PM | 1 Like Like |Link to Comment
  • How Much Does It Cost To Produce One Barrel Of Oil From Shale (41 Companies In 2014)? [View article]
    Nice objective work. Thank you.

    Looking at this article plus your prior ones, I would suggest some simple buying criteria: cost per boe of less than $35 and EBTIDA/EV of less then 4.

    ROSE and ECA meet these numbers.
    Apr 8, 2015. 12:14 PM | Likes Like |Link to Comment
  • A Closer Look At Magellan Midstream Partners' Distributable Cash Flow As Of Q4 2014 [View article]
    On the refined products side, which refineries are connected to MMPs refined product pipeline? What is the cost advantage of moving refined products by pipeline rather than trucks? What is impact of increase storage of crude on MMPs earnings?
    Mar 29, 2015. 11:07 AM | Likes Like |Link to Comment
  • Western Refining Achieves Best-In-Class Margins In 2014 And Looks To Repeat In 2015 [View article]
    Anyone know the delivered cost of crude to St. Paul, El Paso or Gallop?
    Mar 24, 2015. 01:51 PM | Likes Like |Link to Comment
  • Wall Street Breakfast: White House To Unveil Fracking Rules [View article]
    Re Bank of New York Settlement

    Another protect the cronies and screw the shareholders decision. Since neither political party has any objection to this, the only rational thing to do is sell BNY stock and make a point a of never buying it.
    Mar 20, 2015. 08:55 AM | 3 Likes Like |Link to Comment
  • Wall Street Breakfast: Week Begins With Healthcare Deals [View article]
    Car manufacturing presents limited investment interest to me. Crude is being attached indirectly by a doubling of gasoline imports to the US. Best then to avoid the energy sector.

    The sectors to look hard at are pharma and biotech. JNJ looks like the king here, while VHT, an ETF, appears a prudent buy.
    Jan 12, 2015. 10:24 AM | 1 Like Like |Link to Comment
  • Gilead: Focusing On The Expansion Of Its Liver Drug Portfolio [View article]
    Any developments in alcoholic liver disease?
    Jan 9, 2015. 11:09 AM | 1 Like Like |Link to Comment
  • Is This The End Of The 'Shale Oil Bubble?' Or The Beginning? [View article]
    Someone on CNBC said today that crude is 80% levered. If so, a 40% decline has to have wiped out many a trader. Margin calls made the drop worse than the supply demand forces. In 1929 we had 90% margin which rolled into a 90% stock market decline. Most oil companies will have less profit with $60 oil but should be around to live another day. All they have to do is not spend in 2015. Both their P. E.s' and price will fall but that is just normal in most market situations.

    Traders. banks and hedge funds are the ones on the hook. As for traders and hedge funds they took the risk and should suffer the pain. Banks however, are still too big to fail Banks are fiduciaries for other people's money and as such should never make 80% leverage bets. The cry here is for tight bank regulation. Fat chance with the current Congress.
    Dec 13, 2014. 12:59 AM | 2 Likes Like |Link to Comment
  • Geron's Short Squeeze Is Here [View article]
    Best way to play this IMO is 1,000 shares of GERN coupled with 100 shares VHT. Minimize the risk by combining the guys with ideas and the guys with money and the will.
    Nov 14, 2014. 04:24 PM | Likes Like |Link to Comment
  • Wall Street Breakfast: Amazon Punished After Massive Loss [View article]
    Help! My Iphone 4s contract expires in December. I would like to replace it with an ordinary cell phone and a tablet.

    My thought is this would be cheaper than a Iphone 6 contract and, more importantly, the tablet should give better access the Seeking Alpha site. Right now I use the SA frequently but with some difficulty on the 4s, as the charts withing articles are not sized correctly and I keep getting Install App message.

    Anybody have any thoughts on this?

    Oct 24, 2014. 10:31 AM | 3 Likes Like |Link to Comment
  • 8 Major Reasons Why The Current Low Oil Price Is Not Here To Stay [View article]
    One factor for the domestic frackers is swaps. In Q2 many of those companies had interest cost and derivative cost were almost equal. With the price of crude down sharply, should not the swaps become profitable? If so, Lonestar's Q3 might be an upside surprise.

    Second I may be the only one here, but I side with the Russians. If Ukraine can't pay for Russian gas why should they more? No company or country can sell to dead beats.

    Third The real growth area for energy is Asia. Your PTAFX is well positioned here as its can get it product on the high seas and move it cheaply East.
    Oct 22, 2014. 11:05 AM | 5 Likes Like |Link to Comment
  • Wall Street Breakfast: EU CPI Data Adds To Deflation Fears [View article]
    The virus probably has a net positive charge and as such will move as directed by magnetic fields. Face masks and protective clothing, while helpful, are not a total defense against the virus.
    Oct 14, 2014. 10:52 AM | Likes Like |Link to Comment
  • GT Advanced Technologies: What Went Wrong And What Investors Need To Know About The Bankruptcy Process [View article]
    History may not repeat exactly but there is certain rhyme. Back in the 80s there was a company, Inslaw, which had software contract with the United States Department of Justice. The DOJ wanted to give the contract to a company called Hadron. DOJ simply refused to any Inslaw invoices. Since DOJ was the only customer of Inslaw, Inslaw filed for bankruptcy. The bankruptcy judge found that the DOJ acted with fraud and deceit.

    In what was perhaps the best series of financial articles I ever read, Barron's Maggie Maher detailed all of the above.

    Another BK now but the judge in his secrecy ruling appears to be in Apple's pocket. With a monumentally unconcerned SEC, little guys have no advocate. Best thing then, avoid any further buy of GTAT stocks.

    The Inslaw was case overturned by higher Federal courts and the judge was quietly removed. Inslaw never got paid, but DOJ got its software.

    The rhyme here is if the crook is big enough it wins.
    Oct 10, 2014. 01:30 AM | 2 Likes Like |Link to Comment
  • Oil Market Karma Reversed? [View article]
    I wonder the effect of lower prices and swap contracts. Last quarter a good many E&P companies took heavy derivative losses with the price of crude fairly steady. With the sharp decline the price of crude in Q3, will the E&P swap contractors make money or even loss more?
    Oct 10, 2014. 12:56 AM | Likes Like |Link to Comment