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WisPokerGuy

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  • General Electric: Has The Easy Money Been Made? [View article]
    Investors like @Markinct always make me chuckle. They buy GE right before 9/11 hold it throughout the decade and then decide to "pair" their investment at the bottom of the market. How silly. How naive. How clueless. Then they blame the CEO because the economy tanked and their investment didn't grow by leaps. Wow. People don't like Immelt because of his politics. When in reality it was Jack Welsh who dug MOST of the hole GE fell into in 2008. Funny.

    You want an investment that will have a chance to grow 25% in a year? Buy Tesla (maybe). You want a company that will return a steady dividend flow and suffer minimal share price fluctuations? Then GE is almost the perfect stock to own.

    Like @rnsmith said - timing is everything.
    Apr 19 06:29 PM | Likes Like |Link to Comment
  • General Electric: Has The Easy Money Been Made? [View article]
    Good luck on that. Unless you think a major correction is coming or you see even lower growth moving into the second half of the year, you might have missed it. Time will tell. However, I will bet that GE is a lot closer to $30 a share then $25 by the end of the year.
    Apr 18 10:53 PM | 3 Likes Like |Link to Comment
  • The General Electric Evolution Continues [View article]
    Jack Welch - a legend in HIS own mind. LOL
    Apr 18 10:50 PM | 2 Likes Like |Link to Comment
  • International Business Machines Corporation misses by $0.01, misses on revenue [View news story]
    The buy-backs IBM has done for the last 3 or 4 years has hidden the slow revenue growth. Since last year, people aren't buying that story anymore. IBM is still a great company but they are NOT a great revenue generator. The stock only gets interesting again around the mid $160's
    Apr 16 11:45 PM | Likes Like |Link to Comment
  • International Business Machines Corporation misses by $0.01, misses on revenue [View news story]
    Really? It may come back??? The fundamental revenue growth plan of IBM is broken and has been for at least a year. Probably longer? There are FAR easier places in tech to make money then IBM. At least it's pretty apparent why the prior CEO left when he did. The writing for this was probably there for everyone to see it.

    But baby... let me say this... when IBM runs up like it did prior to today's earnings announcement, those Puts I bought today are like manna from heaven. Easy money. :-)
    Apr 16 11:42 PM | Likes Like |Link to Comment
  • BlackBerry: I'm A Buyer On Monday - Yes, Again [View article]
    BBRY has been trading in this $7.00 to $11.00 range since last summer. I've played this successfully with options. So actually, it's getting interesting here again in the low $7.00 area.

    HOWEVER, in no way, shape or form would I consider myself a BBRY bull. This company is circling the drain in it's present state and all the signs are there (if anyone can see the forest for the trees). Burning cash. Dwindling user base. Attempted selling of assets to a Chinese base phone provider. Anybody who thinks these are indicators of a successful company better go back to business school.

    I'm a betting man. Therefore my over/under for BBRY bankruptcy is June 2016.
    Apr 14 05:21 PM | 1 Like Like |Link to Comment
  • Alcoa +2.5% as earnings top consensus, sees bullish global aerospace market [View news story]
    Thank you for the investment advice, but I'll keep my current positions. My personal philosophy is to invest in companies that actually tend to MAKE money. The stock price for AA can (and will) do whatever it will do. However, anyone who thinks this was a strong quarter is crazy.
    Apr 9 06:41 AM | 1 Like Like |Link to Comment
  • Alcoa +2.5% as earnings top consensus, sees bullish global aerospace market [View news story]
    Mixed bag is right! How this stock went from $8.50 to $12.50 shocks the heck out of me. Everybody must be chasing the growth projections? A word of caution - Alcoa has been here before (several times) and has disappointed every time.
    Apr 8 08:23 PM | Likes Like |Link to Comment
  • Apple Is Significantly Undervalued - Shares Are Worth North Of $650 [View article]
    As a long term investor with a $285 cost basis in 470 shares of Apple stock, let me say this... I have NO FAITH in Tim Cook. The guy impresses me as a typical accounting type "bureaucrat" type with little or no business sense.

    Although I have no intention of selling my shares, the last two years have convinced me that I must now view Apple as a long-term value play instead of the growth stock I though I was investing in. Perhaps Apple will come out with a major new product soon? However Mr. Cook has been talking about this for the last 18 months and we've seen nothing but reiterations of old products thus far. A 6" screen on an iPhone? Yawn.

    Owning Apple stock at this point is like investing in a bond fund. It pays a decent return and there is always a possibility of share appreciation. However, to expect Apple to "break out" to new all-time highs is pretty unrealistic at this point, in my opinion. The company seems hated by analysts and the necessary catalysts for such a more just aren't there either. I suppose Apple could come out with the "next great thing" but to base your investment decisions on that happening is like hoping to hit the lotto. Frankly, I think there is a better possibility of General Electric making a 10-15% run up in the next 12 months then there is for Apple to make such a move.

    I like to think of myself as pragmatic. The facts are the facts. Hopes and dreams are NOT good investment strategies.

    Disclosure - Long AAPL and GE
    Apr 6 08:32 PM | 1 Like Like |Link to Comment
  • Report: GM to increase jobs at Michigan ops by 1,400 [View news story]
    You don't add employees if there isn't a demand for the product. GM is a buy right here. The recall news only makes it a buy with a better entry point.

    Disclosure - Long GM and Ford.
    Apr 6 08:17 PM | 3 Likes Like |Link to Comment
  • GE says U.S. approves overhaul of aircraft engines for Iran [View news story]
    Carrot & Stick.

    American foreign policy has been run in EXACTLY the same way since WW2. Let's not forget the Regan administration sold arms to Iran in the late 80's to try and win foreign policy favors and Presidents from BOTH parties have been using this approach for decades. We all know what the alternative is, right? War. Personally, whomever the next few Presidents are, they can continue this practice indefinitely if it keeps us from falling into another black hole like Iraq was for the better part of the last decade. Personally, I've seen enough of my friends children come back in pieces, or... boxes.
    Apr 5 12:40 AM | 7 Likes Like |Link to Comment
  • Apple's Q2 Results Are Likely To Disappoint [View article]
    You are mistaken @Pimust... the correct word REALLY is "predictable".
    Apr 4 07:14 AM | 3 Likes Like |Link to Comment
  • Apple's Q2 Results Are Likely To Disappoint [View article]
    That doesn't mean he's not going to be right. However, Mr. Blair is pretty much of a ONE-NOTE SONG at this point and reading the articles actually seems like a waste of time if you are long Apple (as I am). However, the comments are always pretty funny.
    Apr 4 07:13 AM | 9 Likes Like |Link to Comment
  • How Fast Is JPMorgan Chase's Stock Price Capable Of Growing? [View article]
    REIT's are tough. I owned Annaly for several years but sold last spring before rates spiked and took my profit. I think you have to ask yourself how long do you intend to own the REIT's? If you say multiple years or even longer, I probably would hold and wait everything out. Unless rates spike drastically you should be fine. However, be prepared to accept some capital depreciation along the way and you'll also have to accept the fact that it might take years for the various REIT's to even out their holdings in a rising rate environment.
    Apr 3 11:15 AM | Likes Like |Link to Comment
  • How Fast Is JPMorgan Chase's Stock Price Capable Of Growing? [View article]
    Remember, a lot of the fines JPM has paid over the last 3 years has been because of it's accusation of the old Bear Sterns business. Bear Sterns was a company that the Federal Reserves basically begged JPM to buy in 2008. Since JPM got Bear Sterns for pennies on the dollar, I'm sure these fines were "built into" the cost of doing business. Yes, the "London Whale" episode was a big blunder. It also turned out to be an absolutely terrific buying opportunity to get into JPM at a ridiculously cheap price. I'd love to see something like that happen again. At the time, I doubled up on JPM shares. My only regret is that I didn't buy more.
    Apr 2 10:32 PM | Likes Like |Link to Comment
COMMENTS STATS
669 Comments
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