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bosco115

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  • Apple: If There Was One Stock That I Would Buy And Hold, This Is It -- 1st Anniversary [View article]
    So let me get this straight. You've been long AAPL since the mid-90's, yet you're against a buy-and-hold strategy?
    Aug 15, 2012. 03:34 PM | 2 Likes Like |Link to Comment
  • Nokia (NOK) shares jump 5.6% premarket after CEO Stephen Elop says the phone maker will launch a Windows 8 smartphone "relatively near term," and doesn't deny that it could be at the company's trade show in Helsinki on Sept. 5-6. That's a week before an Apple event on Sept. 12, when it could unveil a new iPhone. [View news story]
    Don't worry, you're in the company of many, many others who are negative on Nokia and unwilling to admit the number they bought at. Have fun convincing others a stock at 14.79 P/E and 0.64 PEG is overvalued.

    Disclosure: Long AAPL @$329.
    Aug 15, 2012. 01:52 PM | Likes Like |Link to Comment
  • Nokia (NOK) shares jump 5.6% premarket after CEO Stephen Elop says the phone maker will launch a Windows 8 smartphone "relatively near term," and doesn't deny that it could be at the company's trade show in Helsinki on Sept. 5-6. That's a week before an Apple event on Sept. 12, when it could unveil a new iPhone. [View news story]
    Let me clarify. Charles Santerre called me out and criticized me as a bad prognosticator. So I went to HIS article and cited HIS long position at HIS publish date. I then used that as evidence that he has no business criticizing me if his investment picks have been so wrong. I did not choose that date - Charles Santerre did. I would recommend understand the context before commenting.

    Also, I would love it if everyone here posted their cost basis on Nokia (NOK). So many people are citing the limited timeframe in which an investment in Nokia is now positive. I'd love to hear how much you all have profited from this! And stunningly, I won't hear a word from anyone who has been long from $9+. Just like every other time I ask this.
    Aug 15, 2012. 11:11 AM | Likes Like |Link to Comment
  • Nokia (NOK) shares jump 5.6% premarket after CEO Stephen Elop says the phone maker will launch a Windows 8 smartphone "relatively near term," and doesn't deny that it could be at the company's trade show in Helsinki on Sept. 5-6. That's a week before an Apple event on Sept. 12, when it could unveil a new iPhone. [View news story]
    You're the one calling me out for not being able to predict the future. So I went off the one data point you provided with your article and long disclosure. And it was a bad call. These are the facts, and I'm really not sure what you're complaining about.

    Please, by all means, enlighten me with your cost-basis for your Nokia investment. Considering the stock was on its way down for years before the date of that article, I can only assume your cost-basis is even higher. Also, if you'd like to compare 5-20 year charts for Nokia and Apple, let me know. I'll gladly help.

    If your investment in a company is going against you, don't sit there and try to convince others why you're right. Re-evaluate the investment and find out why you were wrong. Pro-tip: don't promise others with a successful investment that it will ultimately fail. It makes you look bitter.
    Aug 15, 2012. 10:12 AM | Likes Like |Link to Comment
  • Nokia (NOK) shares jump 5.6% premarket after CEO Stephen Elop says the phone maker will launch a Windows 8 smartphone "relatively near term," and doesn't deny that it could be at the company's trade show in Helsinki on Sept. 5-6. That's a week before an Apple event on Sept. 12, when it could unveil a new iPhone. [View news story]
    My comment was meant that the product that you find most useful does not correspond to good investment advice or a company that will continue to earn profits. Sony, Sega, Rio, MySpace, and Palm are all shadows of their former selves.

    How Microsoft Can Put Nokia's Recover In High Gear by Charles Santerre, Published May 29, 2012. Author discloses he is long Nokia (http://bit.ly/9V8R2A). Closing price that day was $2.95. Current price is $2.49 (-16%). Meanwhile, Apple (http://bit.ly/pFSoX2) closed May 29 at $572.27. Current price is $631.69 (+10%).

    That's a 26% differential in returns between your investment thesis and the one you deride. I don't think you're very well qualified to judge others based on your history.

    You'll learn.
    Aug 15, 2012. 09:16 AM | Likes Like |Link to Comment
  • Nokia (NOK) shares jump 5.6% premarket after CEO Stephen Elop says the phone maker will launch a Windows 8 smartphone "relatively near term," and doesn't deny that it could be at the company's trade show in Helsinki on Sept. 5-6. That's a week before an Apple event on Sept. 12, when it could unveil a new iPhone. [View news story]
    The whole world is gaga about VHS, VHS, VHS. I'm sick of it. Bought a Betamax and am very satisfied.

    The whole world is gaga about PS2, PS2, PS2. I'm sick of it. Bought a Dreamcast and am very satisfied.

    The whole world is gaga about iPod, iPod, iPod. I'm sick of it. Bought a Rio and am very satisfied.

    The whole world is gaga about Facebook. I'm sick of it. Made a MySpace and am very satisfied.

    The whole world is gaga about iPhone, iPhone, iPhone. I'm sick of it. Bought a Palm Pre and am very satisfied.


    That's great, but none of this is good investment advice. Go to Gizmodo or some other site where a bunch of teenagers are discussing the superiority of their phone. This is an investment site, and Apple (AAPL) is +67% in the past year. Your comment is unhelpful.
    Aug 15, 2012. 08:28 AM | Likes Like |Link to Comment
  • Sprint (S) CEO Dan Hesse says he welcomes mobile consolidation in the U.S. ... as long as it doesn't involve AT&T and Verizon, whom (like co-workers) he accuses of being duopolists. Hesse also claims once more he has no regrets about committing to $15B worth of iPhone purchases, and boasts Sprint has been able to shut down call centers by offering better customer service. Hesse struck a deal to acquire MetroPCS (PCS) in February, but was shot down by his board. [View news story]
    The BLS and other agencies are independent government entities. They don't care who is in office. This is evidenced by the fact that they have been using the same reporting methodologies for unemployment and other statistics for decades. Nobody is hiding anything. You can freely look up the U-6 rate at any time, if that's your preferred metric. You can even look at them without seasonal adjustments.

    But the facts are much less interesting than the hysteria, right?

    I have no idea how you paid $400/mo for two smartphones. I've had an iPhone on AT&T since 2007 - it's never been more than $105/mo. No discounts, no promotional rates, no exceptions. I can add a second iPhone for an additional $70/mo. Congratulations - you're spending the same amount!
    Aug 9, 2012. 01:45 PM | Likes Like |Link to Comment
  • Sprint (S) CEO Dan Hesse says he welcomes mobile consolidation in the U.S. ... as long as it doesn't involve AT&T and Verizon, whom (like co-workers) he accuses of being duopolists. Hesse also claims once more he has no regrets about committing to $15B worth of iPhone purchases, and boasts Sprint has been able to shut down call centers by offering better customer service. Hesse struck a deal to acquire MetroPCS (PCS) in February, but was shot down by his board. [View news story]
    "As a consumer, I save over $200/month against AT&T"

    Considering I pay $100/mo for iPhone service, please tell me what wonderful service you have that actually pays you $100/mo. I anxiously await your reply!

    Signed,
    Not The Insane Guy Claiming We're In A Depression
    Aug 9, 2012. 09:31 AM | Likes Like |Link to Comment
  • A $43 Billion Tesla: Musk's Incentives Of Interest [View article]
    "Look around the automotive industry and you'll find its hard to a luxury car company that exist solely on low sales, high cost products."

    Porsche.


    "First of all, its proof that market demand would rather have a low mpg truck then an electric luxury car."

    The majority of people that purchase an F-150 are to do actual work. Hauling, towing, jobsites, fleet vehicles, etc. This isn't the same target as someone looking for a commuter car.
    Aug 9, 2012. 07:21 AM | 2 Likes Like |Link to Comment
  • A $43 Billion Tesla: Musk's Incentives Of Interest [View article]
    I wouldn't bet any amount of money on Mark Zuckerberg.
    Aug 8, 2012. 04:59 PM | 1 Like Like |Link to Comment
  • Great Recession II Portfolio: How I Generated A 34% Return Last Year [View article]
    Paul, I wanted to criticize the picks or the timing because the returns seem outsized, but you really nailed this one. However, I'm hesitant to limit my equity exposure to 5 stocks. If you could beef this list up to 10 stocks, I'd be listening.

    I also want to recommend being careful swapping ConEd (ED) for Exelon (EXC). Exelon is reliant on steady profits from nuclear, but as natural gas prices decrease, it cuts into their margin as a deregulated utility. An investment in Exelon is an expectation that gas prices are going to creep back up. It's excellent for capital preservation, but I wouldn't expect much growth.
    Aug 8, 2012. 02:40 PM | Likes Like |Link to Comment
  • A $43 Billion Tesla: Musk's Incentives Of Interest [View article]
    Larry Ellison has been married and divorced four times. But Oracle is a freaking juggernaut. I don't care if the guy running the company is an eccentric jerk (Ellison), an egomaniac (Jobs), geek (Gates), or cocky foreigner (Musk). If he can build a company that makes me money, I like him. That's his job.
    Aug 7, 2012. 11:18 PM | 4 Likes Like |Link to Comment
  • A $43 Billion Tesla: Musk's Incentives Of Interest [View article]
    Florence is a beautiful city in a beautiful country. But every car parked on the street was a ten-year-old hatchback with peeling paint. That's not Tesla's target market, and thus, I don't think they need to factor that into the Model S.

    However, the fourth model will likely be aimed at that market.
    Aug 7, 2012. 11:13 PM | Likes Like |Link to Comment
  • A $43 Billion Tesla: Musk's Incentives Of Interest [View article]
    The transmission and distribution of LNG or CNG has just as many, if not more, problems than electrical charging stations. If it were economically obvious, we wouldn't even be discussing it right now. But it's going to require a commitment by a government or company to start building the infrastructure for one of these options.

    Musk is betting electric. I think he's right.
    Aug 7, 2012. 11:02 PM | 5 Likes Like |Link to Comment
  • According to an economic barometer called the Money Market Index, the recent rally in the Dow over the past three trading sessions has been "totally irrational," says the index's chief researcher Dan Geller. The rally, mostly due to the release of Friday's monthly jobs report, shows that the enthusiasm has been mispaced due to the simple fact that a large portion of the 163K new jobs reported are only temporary, and likely to vanish soon. The move "has no economic merit," Geller insists.  [View news story]
    We've had nearly five years of "global financial turmoil". People are bored of the fear when they see KO increasing dividends and free cash flow.

    Turn off the news and get back to fundamentals.
    Aug 6, 2012. 09:36 PM | Likes Like |Link to Comment
COMMENTS STATS
196 Comments
414 Likes