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James_B

James_B
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  • J.C. Penney: A Look At Q2 2014 Earnings Expectations [View article]
    Underwhelmed, huh? I just hope you don't lose too much money with your short position. They crushed expectations and if you don't see that perhaps you should try another profession. I don't know what JCP will close at tomorrow or by the next quarter, but I know it's not going to be below $9 anytime soon.

    "Underwhelming" does not make the stock increased 5% after hours... Give me a break.
    Aug 14 05:42 PM | 2 Likes Like |Link to Comment
  • Macy's read: Are department stores getting crowded out? [View news story]
    I agree with the above comments. He's essentially saying that consumers are now spending on other things like housing, cars and vacations rather than retail stores. Housing is relatively flat and families always take vacations during the Summer. It sounds like M is just making an excuse for falling short.
    Aug 13 10:50 AM | Likes Like |Link to Comment
  • Discover Financial Is Cheap And Has Great Opportunities [View article]
    MA and V are credit card processors. AXP and DFS are lenders with processing units/departments. All others, BAC, JPM, COF, C, etc. are Banks that issue credit cards. The only comparable to DFS is AXP, in which case DFS is still undervalued relative to the performance of AXP.

    If you were going to assign the AXP PE ratio (17.20) to DFS (EPS $4.94) then you come to the "fair value" of $84.97/share. Obviously I am not taking into account many other factors like ROE, P/BV, PEG, etc. But to compare the only comparable to DFS on the P/E basis, you get a 58% upside... This is all for illustrative purposes, I have a short term price target on DFS at $68/share based on a much more involved calculation, but I only use AXP as a competitor/comparable and not any other company.
    Aug 11 03:34 PM | 3 Likes Like |Link to Comment
  • Update: Seadrill; Another Win For Newbuild Solidifies Our Belief In The Company [View article]
    Oh sorry, I didn't see the "including the mobilization costs" in that sentence. Thanks for your response! And yes, $630k/day is pretty good.
    Aug 8 04:36 PM | 1 Like Like |Link to Comment
  • Update: Seadrill; Another Win For Newbuild Solidifies Our Belief In The Company [View article]
    Is the $680,000 day rate the highest in the world for an UDW rig?
    Aug 8 01:29 PM | Likes Like |Link to Comment
  • Drillers Downgraded, Seadrill Down 5% In 3 Mondays [View article]
    Haha that was good Debutant.
    Aug 5 10:06 AM | 1 Like Like |Link to Comment
  • Drillers Downgraded, Seadrill Down 5% In 3 Mondays [View article]
    "all things equal"
    Aug 5 09:21 AM | 2 Likes Like |Link to Comment
  • The Hipster Revolt And The Anti-Luxury, Luxury Movement [View article]
    Kanye West sold a $120 plain white t-shirt that sold out on the first day of launch. Quick Google search and there will be stories on it... I think people will money will spend on what they determine to be important. I guess the question is "what is luxury/fashionable or important?"
    Jul 30 11:49 AM | Likes Like |Link to Comment
  • J.C. Penney: The Slow Climb Back [View article]
    I bought yesterday, speculative buy, worth the risk given the trends in the right direction. Management is suggesting as much as well.
    Jul 29 04:55 PM | 3 Likes Like |Link to Comment
  • 2014 Earnings Growth In Critical Care Zone [View article]
    That's exactly what is happening. My response to you from earlier was in regards to your metaphor and the initial action of increasing the money supply.

    But your thoughts on velocity are accurate.
    Jul 29 10:41 AM | Likes Like |Link to Comment
  • 2014 Earnings Growth In Critical Care Zone [View article]
    The increase in money supply would result in inflation, not the other way around. The money supply cannot increase without a monetary policy that directs that activity. Inflation on the other hand, can be the result of an increase in money supply.

    As for your metaphor, that's not how it would work whatsoever. The money that is printed is spent, or in the case of QE would be used to purchase assets, resulting in velocity in some capacity. I don't ever remember the government printing money just to store it, perhaps you could provide an example of when that may have happened.
    Jul 27 09:17 PM | Likes Like |Link to Comment
  • Manhattan Bridge jumps on offering postponement [View news story]
    Agreed. LOAN has a nice yield, but I don't see how they can keep that payout over the long term.
    Jul 25 11:23 AM | Likes Like |Link to Comment
  • 2014 Earnings Growth In Critical Care Zone [View article]
    I wouldn't disagree with this remarks as far as inflation is concerned, you certainly can see evidence of it. There is no way you can increase the money supply as much as it has increased over the past decade without seeing the some inflation, but he also eluded to the rise in Fed funds to be late in the first quarter.

    Secondly, Yellen has a history of loose monetary policy and I believe she was appointed to that position because of her philosophy. I think ZIRP is dangerous because of the long term effects, but at this point in time I don't think the Fed has an option given the weakness and structural unemployment in this Country.
    Jul 25 10:21 AM | Likes Like |Link to Comment
  • 2014 Earnings Growth In Critical Care Zone [View article]
    Agreed. No way is the Federal Funds rate is increased. Between housing and unemployment, we can expect the Fed Funds rate to stay the same until early to mid 2015.
    Jul 25 09:38 AM | Likes Like |Link to Comment
  • Shareholders Need More Protection: 5 REITs That Exemplify The Problem With The Industry [View article]
    No hard feelings. Edit looks good. Thanks.
    Jul 24 10:15 AM | Likes Like |Link to Comment
COMMENTS STATS
111 Comments
97 Likes