Seeking Alpha
Seeking Alpha Portfolio App for iPad
Finance
(1)

sikkabooyah

sikkabooyah
Send Message
View as an RSS Feed
View sikkabooyah's Comments BY TICKER:
Latest  |  Highest rated
  • 3 Technology Stocks With Recent Upgrades And How To Invest [View article]
    Re: Technology stocks:

    Folks who own an iPad or an iPhone don't seem to hesitate to buybuybuy again as soon as a new model (or even a new color in the case of iPhone) is released. This makes AAPL almost unique among tech companies.

    Then there's MSFT: I, along with others, still rely on Windows XP, which continues to handle day-to-day computer tasks with aplomb. Windows 8 may have been adopted by those who recently bought a PC simply due to the fact that it came pre-installed. I wonder how many XP/Vista/Windows 7 PC users actually have PAID to upgrade to Windows 8? My guess: not too many.

    Back to Sony: They change camera models in much the same way that a woman adjusts the hemline of her dress to meet the latest fashion demands. So, I recently purchased at less than half price a top-rated Sony point-and-shoot camera model that's just about to go out of style. I plan to use it until it drops, at which time I'll probably repeat the process.

    I take the same attitude toward automobiles, although here I look for either last year's model or a low-mileage used version of a highly-rated car. So much for built-in obsolescence and keeping up with the Joneses.

    There doesn't seem to be any secret to AAPL's success and, e. g., MSFT's relative lack thereof. All it takes is a whiz-bang product that is accepted by the public as virtually a fashion accessory along with super-aggressive marketing and distribution accompanied by outrageous profit margins.

    And, if you're not AAPL, therein lies the problem.

    PS: A value guy like me doesn't own any Apple products. That's not to say that I wouldn't invest in AAPL stock if only it continues to go out of style and meanwhile raises it's dividend. I suspect that I'm not alone here and that my shared miserly attitude might be all that's keeping AAPL above 400.
    Feb 27 09:00 AM | 1 Like Like |Link to Comment
  • Cramer's Mad Money - The Single Best Earnings Call Of 2013 So Far (2/26/13) [View article]
    Re: "Michael Kors is pulling back to $66..." -

    Yesterday (Tues 2/16) KORS closed at $59.24. I must be missing something.
    Feb 27 08:37 AM | Likes Like |Link to Comment
  • Cramer's Lightning Round - Cramer Gets Behind Airlines (2/25/13) [View article]
    Mon Dieu - he has seen the light! After plugging the daylights out of EMC for the past 3 years while the stock did nothing, Cramer now says sellsellsell.

    Why, oh why, does anyone listen to this putts?
    Feb 26 09:01 AM | 1 Like Like |Link to Comment
  • Is Apple Just Boring? [View article]
    AAPL indeed may be boring. Fortunately, we can rely upon the comments that accompany SA articles of this type to keep us amused.
    Feb 25 02:11 PM | 4 Likes Like |Link to Comment
  • CIBC economists believe many of the forces that made gold so attractive appear to be turning over, while expectations for other supportive factors are overdone. They say investors have piled into gold as a hedge by incorrectly buying into the myth that central banks have been printing so much money that inflation is inevitable, "a myth because, in reality, money growth has not been particularly brisk." [View news story]
    I'm not certain how one judges "inflation". By simply ignoring the price of gasoline for the moment, let's focus on the price of a T-bone steak at my local Kroger ($11.99 per pound, although the wrapper contains a photo of Nolan Ryan, which probably helps to account for the price), bread at $3.99 per one-pound loaf, nothing-special brick cheese at > $4.00 per pound (not to be confused with Kroger's designer cheeses that sell for up to $17.99 per pound). I could go on, but the point is that the price of some food staples appears to have increased by more than 100% in the last 2-3 years. Perhaps this accounts for the 1% inflation? Beats me.
    Feb 25 02:09 PM | Likes Like |Link to Comment
  • 3 Technology Stocks With Recent Upgrades And How To Invest [View article]
    My enthusiasm for Sony encouraged me to sell their stock and buy one of their nice cameras. Never regretted either decision.
    Feb 25 02:03 PM | 1 Like Like |Link to Comment
  • Gold gains 1.1% to $1,590 after touching a 7-month low last week amid growing indications of at least short-term capitulation. Another one: Net long positions for the week ended Feb. 19 were slashed by 36% to the lowest level since November 2008, according to Commerzbank, which notes the metal has slid more since the 19th, meaning speculative longs have likely declined even further. GLD +0.6%, SLV +0.9%[View news story]
    The imminent demise of GLD appears to be greatly exaggerated. As a result, contrarians may have been afforded a rare opportunity to put their money where their opinions reside.

    Meanwhile, conventional wisdom no longer appears to bear much of a relation to the current price of gold. Instead, GLD as a commodity now seems to run on hormones, just like a regular everyday stock and with every bit as much reliability.
    Feb 25 02:00 PM | 2 Likes Like |Link to Comment
  • What Does Microsoft's Balance Sheet Say About Its Financial Condition? [View article]
    Attributed to Buffett: "I realized that technical analysis didn't work when I turned the chart upside down and didn't get a different answer."

    Cute.

    Why did I bother going to school and wasting my time on educational pursuits when I could simply adopt a know-nothing attitude similar to that expressed by Warren Buffett and invest in, say, Coca Cola as Berkshire Hathaway deems appropriate?

    Buffett has said many times that he doesn't invest in companies that he doesn't understand. This leaves virtually thousands of companies for the rest of us to investigate.

    Must I try to catch every pearl that drops from Warren's lips? Surely all those years spent gathering information both formally and informally might be worth something to me in my old age and permit me to think independently.

    Long ago I decided to render unto Buffett that which is Buffett's.
    Feb 25 12:54 PM | Likes Like |Link to Comment
  • 6 Takeaways From Microsoft's Earnings [View article]
    MSFT: Investor sentiment appears to trump intrinsic value. That, and Steve Ballmer.
    Feb 20 04:25 PM | 1 Like Like |Link to Comment
  • Gold: What Support And Resistance Tell Us [View article]
    Not only are laws made to be broken but it appears that lines of resistance are as well.

    PS: My wife tells me that I already possess a technical double bottom.
    Feb 20 04:18 PM | 1 Like Like |Link to Comment
  • What Does QE3 Mean For The Gold Price? [View article]
    Fortunately I listened to "the criminal Soros" and dumped my GLD position in time to avoid the gilded cliff.

    555: Would you have preferred that I wait for Cramer to dig out his charts (as he did on 2/19) and tell me after the fact that I might wanna trim my position in GLD?

    PS: Is it possible that your friendly casino customer was pulling your leg? After all, if I were part of an manipulative cabal I think I'd wanna keep that particular item of intelligence quietly to myself.
    Feb 20 04:17 PM | Likes Like |Link to Comment
  • Stocks remain lower following the more hawkish tone from the FOMC, with a benign loss in the Dow masking more substantial drops in the S&P (-0.5%) and the Nasdaq (-0.7%). Gold (GLD -2.2%) and silver (SLV -3%) leg down to new lows for the session. Bond prices fell on the release, but have now turned positive, TLT +0.1%[View news story]
    It's truly a blessing that Cramer brought out his chart yesterday (2/19/13) and made a compelling case for his home-gamers to exit their positions in GLD.

    Fortunately, I didn't wait around for Cramer to belabor the obvious. George Soros saw the handwriting on the wall more than a week earlier.

    When Soros speaks, I listen.

    When Cramer speaks, I turn off the audio. It's video only with Mad Money; 'cause that's the only way I can preserve my sanity. Even then....
    Feb 20 04:12 PM | 2 Likes Like |Link to Comment
  • What Does QE3 Mean For The Gold Price? [View article]
    @ich1ban1: I've exposed myself to the extent that I have frostbite.
    Feb 18 08:59 PM | Likes Like |Link to Comment
  • AT&T: An Oasis Of Stability In The Telecom Sector [View article]
    Am I the only one out here that remembers AT&T's 1-for-5 reverse stock split in 2002? Do you honestly think that this can never happen again, all that FCF notwithstanding?

    Ars longa, memoria brevis.
    Feb 18 08:57 PM | 1 Like Like |Link to Comment
  • Apple - Why We Are Changing Our Stance From Bearish To Bullish [View article]
    @dannydyn: Don't you agree that any CEO who presides over a 35% decay in market cap of a one-time world's largest company has demonstrated innovation of a sort?

    Let's give credit where credit is due.
    Feb 15 12:32 PM | 1 Like Like |Link to Comment
COMMENTS STATS
410 Comments
300 Likes