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Snoopy1

Snoopy1
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  • Update: Polaris Industries Earnings [View article]
    Do you have a link to a good Indian review? I own the stock and know PII is very good at engineering so I expected the Indian bikes to be very good.
    Jul 22 08:41 PM | Likes Like |Link to Comment
  • The Stage Is Set... [View article]
    You would think Ackman would learn not to use options after he lost 90% of his money on his $billion+ 2007 bet on TGT using long-dated OTM call options.

    The guy's oversized ego leads him ignore his past mistakes.
    Jul 22 04:04 PM | 3 Likes Like |Link to Comment
  • The Stage Is Set... [View article]
    Maybe Ackman should have done a dry run presentation in front of some actual investors since clearly he didn't convince anyone today with the stock up 26%.

    I assume some of the price action is Ackman covering some of his short as even he now realizes that his presentation was a complete dud.

    I wonder if Ackman is going to credit the $50MM of investor money he spent on his half-baked analysis.
    Jul 22 03:13 PM | 7 Likes Like |Link to Comment
  • The Stage Is Set... [View article]
    If Ackman's presentation hasn't impressed anyone, why do you think he's right?
    Jul 22 02:59 PM | 3 Likes Like |Link to Comment
  • The Stage Is Set... [View article]
    True ninja.

    Enron's lack of FCF despite huge GAAP earnings was the red flag there was accounting fraud. HLF has plenty of FCF.
    Jul 22 01:28 PM | 3 Likes Like |Link to Comment
  • Ackman says Herbalife like Enron [View news story]
    I'm guessing investors weren't impressed by Ackman's presentation.

    Stock up 17% today.
    Jul 22 01:06 PM | 1 Like Like |Link to Comment
  • Citigroup analysts have high hopes for GM earnings, not so much for Ford [View news story]
    The stock is moving up despite the recall "bad news". Importantly, sales haven't been negatively affected.

    Citi analysts are like most, they were bearish and now turn bullish AFTER the stock moves up. The time to buy is when everyone hates a stock and the bad news is out.
    Jul 21 01:56 PM | 5 Likes Like |Link to Comment
  • Citigroup analysts have high hopes for GM earnings, not so much for Ford [View news story]
    @rijensen,

    I don't think you understand it works. C isn't going to get more equity underwriting from the gov't and the gov't doesn't care about what the stock does now that they are fully divested.
    Jul 21 12:58 PM | 2 Likes Like |Link to Comment
  • GM General Counsel grilled at the Senate [View news story]
    I would love to hear what the bears think Barra should be doing differently. They just love to whine.

    GM is doing well with a great lineup of cars and is a bargain at 8x 2015 EPS.
    Jul 18 04:55 AM | 5 Likes Like |Link to Comment
  • General Motors releases Q2 and 1H sales totals [View news story]
    "YTD sales by region: China +10.5%; U.S. +2.5%" is for the YTD 2014.

    The linked article refers to Q2 only:
    "DETROIT – General Motors Co. (NYSE: GM) sold 2,505,889 vehicles around the world in the second quarter of 2014, with year-over-year sales in the United States and China up 7 percent and 8 percent, respectively."

    Regardless, GM is seeing a nice jump in U.S. sales in Q2, the first full quarter after the recall. Seems the GM fearmongers were wrong.
    Jul 16 04:38 PM | 2 Likes Like |Link to Comment
  • General Motors releases Q2 and 1H sales totals [View news story]
    GM bears will spin numbers negatively no matter what. Why do they hate an American businesses that has made great strides in quality over the past few years? Strange.
    Jul 16 03:52 PM | 5 Likes Like |Link to Comment
  • Visa Is Only Expensive If You Can't Think 5 Years Ahead [View article]
    Timmy, I prefer the Jan call spreads because a price significantly above the breakeven $253.10 (+14.1%) by Jan expiration seems unlikely. The forward P/E would need to increase to 23.5x vs. the current 21.9x.

    Assuming you're bullish through Jan expiration, a Jan 220/240 spread (net permium $7.85) is a better risk/return or alternatively, you can do a risk reversal (buy 220/240 spread, sell 200 put for a net $3.65). The 200 strike is a very reasonable 18.6x 2015 EPS.
    Jul 15 11:54 PM | Likes Like |Link to Comment
  • Barron's: GM stock looks dirt cheap [View news story]
    If you want to be taken seriously, you really need to lay out an analysis with financial projections and valuation methodology.

    I've done my own analysis and think GM's current value is high $40s but look forward to why it's really $20.
    Jul 15 06:21 PM | 8 Likes Like |Link to Comment
  • Recent Buy: Visa [View article]
    @chop - I agree. Most sell-side reports have a 3-year stock chart on the last page annotated with a line showing price targets.

    It's comical. In 80%+ of the cases, when a stock reaches their target, they just move it up 10-20% and when the stock drops, the target drops a similar amount. Even if forward EPS estimates don't change much, the analyst change the target P/E to come up with the new target.
    Jul 15 03:23 PM | Likes Like |Link to Comment
  • Recent Buy: Visa [View article]
    Goldman's target is in line with the rest of the sell-side so I don't think this is necessarily bullish.
    Jul 15 01:26 PM | Likes Like |Link to Comment
COMMENTS STATS
1,102 Comments
1,476 Likes