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Joseph V

Joseph V
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  • ePlus Is Undervalued, But Price Resistance And Cash Levels Are Concerns [View article]
    After the most recent earnings on February 5, PLUS immediately advanced to $80. That's two consecutive quarters of above consensus earnings.
    Feb 20, 2015. 02:23 AM | Likes Like |Link to Comment
  • Recent Sale: American Realty Capital Properties [View article]
    The CEO and President unexpectedly resign, ARCP debt gets downgraded to junk by Moody's and S&P and ARCP stock rises 9.2% today. Impressive.
    Dec 17, 2014. 09:35 PM | 2 Likes Like |Link to Comment
  • Is This A Good Time To Buy Seadrill? [View article]
    There is something worse than SDRL. See NADL stock.
    Dec 7, 2014. 04:03 PM | 1 Like Like |Link to Comment
  • Midday Gainers / Losers [View news story]
    Maybe the market is telling you that the current dividend rate is not sustainable.
    Nov 19, 2014. 10:50 PM | Likes Like |Link to Comment
  • Pacific Drilling Should Sell Itself [View article]
    PACD stockholders will begin receiving a decent dividend in 1Q15 while waiting for PACD stock to reach $10 or more.
    Nov 7, 2014. 10:03 AM | Likes Like |Link to Comment
  • ePlus Is Undervalued, But Price Resistance And Cash Levels Are Concerns [View article]
    Your insightful article reinforced my convictions about ePlus as an undervalued value stock, which transitioned to a growth stock (and a higher p/e ratio) with yesterday's announcement of an unexpected 50%+ year-over-year increase in earnings. Thank you again for your analysis.
    Nov 7, 2014. 09:15 AM | Likes Like |Link to Comment
  • ePlus Is Undervalued, But Price Resistance And Cash Levels Are Concerns [View article]
    PLUS was up 16% today post earnings, closing at $71.95.
    Nov 6, 2014. 08:53 PM | 1 Like Like |Link to Comment
  • ePlus beats by $0.36, beats on revenue [View news story]
    A blowout quarter, reporting $1.63 earnings per share versus the street consensus estimate of $1.27. Look for PLUS price targets to be increased.
    Nov 5, 2014. 09:36 PM | Likes Like |Link to Comment
  • ARCP - A Tempest In A Teapot Creates Buying Opportunity [View article]
    "IF S&P and Moody change the ratings of this to junk, interest expenses on current $10 Bil Debt on book will go up. This co will be hardly able to borrow."

    Incorrect statement.

    The interest rate on the existing unsecured debt is fixed, regardless of the credit rating. Future unsecured debt issuance will have a higher interest rate if the credit rating is downgraded to junk, but not current unsecured debt. Of the three largest unsecured debt issues, the first maturity is in February 2017, then February 2019 and then February 2024, so it is not an immediate concern for the unsecured debt.
    Nov 4, 2014. 02:34 AM | 4 Likes Like |Link to Comment
  • Lesson Learned: I Was The Sucker [View article]
    With the FBI now involved, there may be prison time for those responsible.

    NEW YORK, Oct 31 (Reuters) - U.S. authorities have opened a criminal probe of American Realty Capital Properties in the wake of the real estate investment trust's disclosure that it had uncovered accounting problems, two sources familiar with the matter said on Friday.

    The Federal Bureau of Investigation is conducting the investigation along with prosecutors from U.S. Attorney Preet Bharara's office in New York, the sources said. Further details of the probe could not be learned.

    American Realty Capital Properties said on Wednesday it would have to restate earnings after it discovered employees "intentionally made" accounting errors that caused it to understate net losses during the first half of 2014. Its chief accounting officer and chief financial officer resigned on Tuesday.

    Andy Merrill, a spokesman for American Realty Capital, had no immediate comment.
    Nov 1, 2014. 01:49 AM | Likes Like |Link to Comment
  • Pacific Drilling Should Sell Itself [View article]
    The company doesn't necessarily need to pay off the $500 million 7.25% of December 2017 senior secured notes with cash. They also have the option of raising new debt through the unsecured debt market.
    Oct 31, 2014. 09:11 AM | Likes Like |Link to Comment
  • Sizmek: The Profitable Ad Tech Company That Nobody Is Talking About [View article]
    Today's after hours tape bomb should accelerate shareholder activism.
    Oct 9, 2014. 05:25 PM | Likes Like |Link to Comment
  • It Is Getting Ugly Out There [View article]
    Regarding some of your other recent energy picks, I chose EOX over AMZG, as AMZG issued new 2019 maturity debt at 11% in late August and EOX issued new 2019 maturity debt at 2% (note: convertible debt) in March, when EOX stock was trading at $6.83. With oil prices falling, I'd rather be paying 2% versus 11%. Regardless, both stocks have been clobbered in the last month.
    Oct 7, 2014. 09:05 PM | Likes Like |Link to Comment
  • Facebook roundup: Anonymous app, mobile ad network, Atlas [View news story]
    SZMK's stock buyback just started in the 4th quarter.
    Oct 7, 2014. 05:25 PM | Likes Like |Link to Comment
  • ePlus Announces Changes to Board of Directors [View article]
    A strong addition to the PLUS Board of Directors.
    Sep 10, 2014. 10:47 PM | Likes Like |Link to Comment
COMMENTS STATS
39 Comments
19 Likes