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Snoopy1

Snoopy1
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  • Total Recall: General Motors' Strength Through The Fiasco [View article]
    $40 is about 8.5x 2015 EPS and you think that's overvalued?

    Is your entire analysis based on GM and mgmt being a "dud"?
    Jul 14, 2014. 02:24 PM | 1 Like Like |Link to Comment
  • Visa Is Only Expensive If You Can't Think 5 Years Ahead [View article]
    @gfmn2000, AXP (and DFS) isn't like V or MA. It acts as it's own bank and takes the credit risk so it gets essentially all of the fee plus high interest on balances.
    Jul 14, 2014. 01:07 AM | Likes Like |Link to Comment
  • Total Recall: General Motors' Strength Through The Fiasco [View article]
    Maybe you should take a basic valuation course?

    How do you come to your sub $20 price target for GM? That would be 4x 2015 EPS. Be specific because I can't seem to understand your valuation rationale, especially with the long-term tailwind of the growing Chinese market. You seem to think every company with a scandal deserves a 50% stock drop regardless of current valuation.

    What is your position in GM, if any?
    Jul 9, 2014. 03:48 PM | 2 Likes Like |Link to Comment
  • Next Momentum Stock Poised For A Breakout? Amazon [View article]
    I was just pointing out that Miller had a horrible 5+ year streak and was fired from his own fund. Take those facts as you will.
    Jul 9, 2014. 11:54 AM | 1 Like Like |Link to Comment
  • Total Recall: General Motors' Strength Through The Fiasco [View article]
    Budavar,

    40x P/E ratio? I love how you include one-time charges for 2014 and completely ignore the 8x 2015 P/E.

    Smart investors value companies on future normalized earnings.
    Jul 9, 2014. 11:43 AM | 2 Likes Like |Link to Comment
  • Next Momentum Stock Poised For A Breakout? Amazon [View article]
    I'm not sure whether you're kidding. Have you seen Miller's record over the past 10 years? He had to step down managing his flagship fund despite being the head of the firm.
    Jul 8, 2014. 07:13 PM | 1 Like Like |Link to Comment
  • Doom And Boom At GM: More Recalls But Sales Keep Rising [View article]
    Budavar took the 1% increase in sales which beat analyst estimates by 6 points and said it's a fluke and irrelevant. Actual GM investors didn't feel that way.
    Jul 7, 2014. 02:00 PM | 1 Like Like |Link to Comment
  • Retail car sales in China rise 14% [View news story]
    funfun, still waiting for you to explain your strategy of being both long and short GM. How many portfolios are you running?

    If you're so consistently negative, why not just be short?
    Jul 7, 2014. 01:42 PM | 4 Likes Like |Link to Comment
  • Retail car sales in China rise 14% [View news story]
    Hold on, there are recalls for GM cars? :-)
    Jul 7, 2014. 01:40 PM | 1 Like Like |Link to Comment
  • GM's Compensation Policy In Perspective [View article]
    You do realize that mgmt reserves through charges for the expected cost of the recall and lawsuits, right? They will throw in everything and the kitchen sink so 2015 should be a "clean" number close to $5/share. Europe should be profitable by 2016 and the growing Chinese market will provide a tailwind for the next several years.

    The fact you think the world's #2 automaker that is growing and trading at 8x next years EPS is a "speculative" investment makes me question your basic understanding of investing.

    What do you think GM shares should trade at and how do you calculate that figure? Be specific.
    Jul 3, 2014. 12:18 AM | 1 Like Like |Link to Comment
  • GM gains opportunity from recalls, customers find it a good time to buy [View news story]
    I don't remember a single bear on SA who said it was time to cover shorts. In fact, one article recommended shorting the very day of the bottom based on an expectation for continued negative news which did actually occur. What the bears missed was that the stock price reflected all the potential bad news and then some. They would probably be shorting even at $28.

    "Be greedy when others are fearful."
    -- Buffett
    Jul 2, 2014. 11:15 PM | 2 Likes Like |Link to Comment
  • GM gains opportunity from recalls, customers find it a good time to buy [View news story]
    funfun,

    I still haven't heard what your GM position is. You claimed to have been both long and short. Can you explain the strategy in detail? Based on your endless bashing and predictions of further issues, why would you have any long exposure?

    What price would you buy GM at and how do you calculate fair value?
    Jul 2, 2014. 11:07 PM | 1 Like Like |Link to Comment
  • GM gains opportunity from recalls, customers find it a good time to buy [View news story]
    http://onforb.es/1s0nCkP

    "And the math behind the recall doesn’t substantiate an insurmountable indictment of the company. The ratio of deaths attributed to its vehicles is far lower than the incidents/vehicles for the industry overall; in fact, they’re more in the direction of the likelihood of getting hit by lightning. That’s not to minimize even a single death, but it does suggest that the recall could be understood less as evidence of a past lapse in safety, and more as the future assertion of it."

    Not buying a GM car because of the recall is like not flying United because a tiny % of their flights crashed. Heck, Porsche had to replace the entire motor on it's GT3 because several units of this limited production model (785) suddenly burst into flames.
    Jul 2, 2014. 10:47 PM | 3 Likes Like |Link to Comment
  • GM gains opportunity from recalls, customers find it a good time to buy [View news story]
    Are GM customers any more loyal than other carmakers? I know GM and Ford have loyal truck owners, but cars?

    Regardless, GM should be adding to their customer base based on their strong current product offering and the Chinese seem to like GMs and that's a big and growing market.
    Jul 2, 2014. 10:43 PM | 3 Likes Like |Link to Comment
  • GM gains opportunity from recalls, customers find it a good time to buy [View news story]
    While you mentioned many good fundamental trends, you forgot the most relevant piece of data - valuation. GM is only trading at 8x next year's EPS.

    Bears hated the stock at $32 also. Where exactly do shorts think the P/E should be? 5x? Long term, China should also provide a nice tailwind.
    Jul 2, 2014. 10:34 PM | 2 Likes Like |Link to Comment
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