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john12345

john12345
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  • Is Freeport-McMoRan A Value Trap? [View article]
    FCX has always had strikes and difficulties in Indonesia. To offset the company got into the energy business. Now they have two big problems. I will wait for some more comfort.
    Jun 18, 2015. 11:30 PM | 1 Like Like |Link to Comment
  • 10.97% Advantage For 5 Financials With Highest Yield, Lowest Price In Late April [View article]
    Most of these stocks are highly levered junk and will tank quickly with higher interest rates. Till then - good luck.
    May 4, 2015. 04:32 PM | 1 Like Like |Link to Comment
  • Exxon Mobil's Buyback Report Card [View article]
    The energy industry may be facing a much bigger problem than most are projecting. If Iran makes a deal on nuclear they will want to sell a lot of oil that has not been on the market. Saudi Arabia is increasing their production. And Russia. Venezuela will dump all they can. And Canada. And others. We may not get clarity on energy's future for some time.

    If so, my opinion is that XOM should create a fortress balance sheet and see what the future holds. Clarity may not exist for some time. Skip all that Wall Street BS of buybacks, dividends, and leverage. Now is not the time. Hoard cash.
    Apr 2, 2015. 02:22 PM | 1 Like Like |Link to Comment
  • BlackBerry: Even The Bulls Are Giving Up On Hardware [View article]
    Hmm. What am I missing? I dropped an Android phone for Blackberry Passport. Hmm. My BB email is better organized and easier to setup.
    Hmm. My BB camera is outstanding.
    Hmm. My BB browser shows pages just like Chrome.
    Hmm. My BB has maps.
    Hmm. My phone is near perfect.
    Hmm. My music setup. Not so hot. Working on that.
    Hmm. Apps. Plenty of games from Amazon. Not much else. But remember, most of your Android apps are pounding you to death to buy a game, song, underwear, etc. while consuming your battery.

    The Passport physically is clumsy to hold and doesn't go into pockets very well; that's a problem.

    Blackberry is a small company now, but still has a niche that some users like. I haven't got a clue if BB will survive long term. Same could be said for Microsoft, Nokia, Amazon, and many other Asian pretenders.
    Mar 24, 2015. 04:36 PM | 4 Likes Like |Link to Comment
  • Apple's Electric Vehicle Opportunity [View article]
    Apple cars are insanity. Monkey see monkey do. Apple is a great company but they are not up to dealing with manufacturing and regulation on the scale of the auto industry. And what can they do better than existing auto manufacturers? Don't say batteries; everyone knows that breakthrough has been elusive. How about selling cars? Does Apple have an edge on Toyota, Nissan, Hyundai, Ford, GM, etc. These companies aren't rubes to the car business. Is Apple going to setup franchise dealers in 50 states and overseas? Ask Musk about that. There is not enough grass in Colorado and California to get this idea launched.
    Feb 20, 2015. 05:59 PM | 3 Likes Like |Link to Comment
  • Why Gold Isn't Currency [View article]
    Don't get sucked into these posts. If you believe gold is not money, not currency, not tradeable, etc. that's fine. If you believe gold is money, currency, tradeable, etc. that's fine.

    The important thing is that you cannot change anyone's opinion on a gold argument, so don't try and move on without wasting your time and efforts.

    At some time in the future we will get the answer.
    Jan 31, 2015. 04:46 PM | Likes Like |Link to Comment
  • Why Cliffs Natural Resources Is My Top Pick For 2015 [View article]
    I was just inserting my blood transfusion and bandages when I saw this article.

    You make a pretty evangelical prayer for CLF. Is the Casablanca clown still involved? He was pushing for an MLP, new management, and more debt (and fees probably). I need more time to get comfortable that the company has real management and the financial reporting is good.

    Then I need confidence that the economy has a positive future. Hate to be negative, but the future has a lot of unknowns and plenty of risks. But I agree with Buffett; we may be getting to the bottom of the market and where we should be buying.
    Jan 29, 2015. 11:24 AM | 2 Likes Like |Link to Comment
  • Will Cliffs Go The Distance? [View article]
    Why would you invest in a company managed by clowns?
    Jan 22, 2015. 07:57 AM | 2 Likes Like |Link to Comment
  • Tax Changes Coming - Master Limited Partnerships And REITs Advantages At Risk [View article]
    I guess Washington can do whatever it can get away with, but there is a difference between a corporation and a partnership. And the taxation is different. Does this mean partnerships are done for tax purposes? What about a sole proprietor?

    Washington needs a complete cleansing. Both parties and all current office holders. Could it get worse?
    Dec 3, 2014. 11:28 PM | 4 Likes Like |Link to Comment
  • Why Apple Should Not Buy Tesla Motors [View article]
    Only Elon Musk could put this nonsense out. Oh, and Gambler34 -- refresh my memory on Musk's profitable companies except for Paypal.

    The beauty of this post is that Seeking Alpha may becoming one of the web's best comedy sites. Just wait for the YouTube videos with Kardashians and Elon.
    Nov 17, 2014. 10:09 AM | 3 Likes Like |Link to Comment
  • Tesla Motors And The Planning Fallacy [View article]
    I think the author pretty much nailed his point. Elon Musk is a fine person, entrepreneur, and businessman. He takes high risks and has been very successful. Tesla though, is a dream project that has two flaws.

    First, $100,000 (+/-) is not the sweet spot of the auto market. The competitors (Prius and Leaf) with good fuel economy are in the $30,000 to $50,000 price and about 40-50 MPG. (I'll leave out subsidy considerations since they all get it.)

    Second, I'm skeptical about batteries. The current lithium ion battery is the best product available today. That chemistry was developed over a period of forty years with the backing of NASA and the Defense Dept. Surely lithium will get better but just incrementally. I doubt that a new breakthrough is coming soon.
    Nov 13, 2014. 03:42 PM | 4 Likes Like |Link to Comment
  • Tesla: Why This One Thing Is The Biggest Game Changer Yet [View article]
    Elon Musk's business success should place him permanently in any list of outstanding entrepreneurs. However, I am not on board with the long term viability of TSLA. The first reason is that the price ($85,000 to $120,000) is clearly not the sweet spot of auto sales. The second reason is that batteries are still too heavy and short of energy except for city commuting.

    I'm not aware of any technological breakthrough for batteries. The lithium ion is the current favorite and no breakthrough seems coming. Remember, the good old USA taxpayer (supporting the space program) has spent billions of dollars over 40 years for the super battery. I haven't seen any breakthrough announced in the last 10 years. We can hope, but we also have to be realistic. Musk's new battery factory may be efficient manufacture, but it will incremental and not much else.

    TSLA (with Wall Street access, govt support, and limousine liberals) may have another few years, but after that we will all wonder why Uncle Sam wasted all the tax benefits and money.

    By the way, the Toyota Prius gets 50 mpg and sells more cars than Tesla. And you can own it for $20 - $30,000. Hmmm what's wrong with this picture?
    Oct 16, 2014. 01:53 PM | 4 Likes Like |Link to Comment
  • Amazon: An American Horror Story - A Fictional Account Of What Does Not Exist [View article]
    Amazon is easy to understand. The company business model is to distribute goods faster and cheaper. I'll bet more than 80% of the above commenters have Amazon accounts. Amazon pricing has saved millions of customers a lot of money.

    Until Amazon goes bankrupt, we should all be happy. Don't buy or short the stock. I did both over the years and never profited.
    Sep 22, 2014. 07:15 AM | Likes Like |Link to Comment
  • So Undervalued, They're Golden [View article]
    Where is a definitive and reliable study that shows mining costs (specifically $/oz)? Where are the mines located, and how much graft, payoff, and taxes need to be added to production costs?
    Sep 21, 2014. 05:31 PM | Likes Like |Link to Comment
  • The Value Of Cliffs Natural Resources Is All In The P/B Ratio [View article]
    I failed to comment on above post: I am long CLF (Stock and Options)
    Sep 4, 2014. 10:10 AM | Likes Like |Link to Comment
COMMENTS STATS
333 Comments
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