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kitstricker

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  • CorMedix: Strong Sell On Partner Failure, Misleading Data And Paid Stock Promotion, -91% Downside [View article]

    Dr. Gelbfish resignation letter, presented without comment:

    http://tinyurl.com/q2b...
    Jun 30, 2015. 12:36 PM | 2 Likes Like |Link to Comment
  • SFX Entertainment: This Go-Private Offers Investors An Attractive Arbitrage Proposition [View article]
    I agree this makes no sense.....until you look at this picture.

    http://bit.ly/1K13rO5



    Jun 18, 2015. 04:05 PM | Likes Like |Link to Comment
  • Kornit: Near-Term Growth Deceleration Will Lead To Re-Rating [View article]
    Nice Work, I agree this should be worth at most 2.5x sales. Likely worth far less.

    This type of equipment is very cool for low run/multi-color prints. It definitely has a place in the market.

    On the 'low speed' end they are up against Epson and Brother. Both are much larger and formidable competitors.

    For high volume, they are up against screen printers. That solution is much cheaper and faster. I don't quite understand the "fast fashion" argument, in their report. I can get you 500 t-shirts screen printed in 2-3 days. (screen printers exist in almost every city and town in the country). How fast does one need their fashion?
    Jun 9, 2015. 11:11 PM | Likes Like |Link to Comment
  • The Journal Media Group: No Debt, Strong Free Cash Flow And Operating In An Industry Ripe For Consolidation [View article]
    I enjoy your writing and appreciate the article quality; however this still smells of a value trap.

    I bet half of these papers will not exist in 30 years; this is just a slow-motion version of the decline of the yellow pages ,supermedia and dex media $DXM, (although with a lot less debt.)

    You can hope for a buyout, but why? what synergies really exist between papers? Most of the daily paper is already local sports and AP articles.

    Personally, I would need at Least a 10% cash yield to touch a daily.
    Jun 9, 2015. 09:58 PM | Likes Like |Link to Comment
  • How Volatility And The Roll Yield Contribute To The Price Action Of VXX In Different Market Environments [View article]
    VXX looses because of time/carry cost/storage cost NOT "roll".

    Roll is instantaneous, and has NO TIME COMPONENT.

    Picture VXX freezing it's "roll" for 3 days. It would still loose money if the curve was in contango.
    Jun 5, 2015. 10:10 PM | 1 Like Like |Link to Comment
  • SFX Entertainment: This Go-Private Offers Investors An Attractive Arbitrage Proposition [View article]
    Zach,

    Yes, Mr Sillerman more than enough money to take this private, but only his accountant knows if his assets are liquid. He put 130 M of real estate up for sale late last year. Some has already sold. There are many reasons to liquidate hard assets, but the timing of these sales and the going-private would appear to be related.

    http://onforb.es/1FprxvZ

    http://bit.ly/1Fprxw1

    Zach, what do you see in SFXE that has potential for profit? Is there something I'm missing.
    Jun 2, 2015. 09:45 AM | 1 Like Like |Link to Comment
  • SFX Entertainment: This Go-Private Offers Investors An Attractive Arbitrage Proposition [View article]
    Excellent Arb..

    Robert Sillerman has personally guaranteed much of SFXE's debt.

    I see this going-private as an almost certainty because of the debt structure and Mr. Sillerman's ego. I see absolutely NO one that would outbid Mr. Sillerman for this broken company.
    Jun 1, 2015. 10:12 AM | 2 Likes Like |Link to Comment
  • SPYR Inc.: Selling Advertising Or Stock [View article]
    Great work, unfortunately IB requires $2.5 of margin equity to short a stock under $2.5.

    This makes shorting Penny stocks difficult. (but not impossible)
    May 28, 2015. 03:33 PM | 1 Like Like |Link to Comment
  • How Wall Street Enables Stock Promotions: A Case Study Of Jefferies And Unilife [View article]
    Another possible fraud, VIPS, is also 'generously' covered by Piper Jaffray.

    Guess who underwrote the IPO???
    May 20, 2015. 10:39 PM | Likes Like |Link to Comment
  • Vipshop: We Are Not Buying The Financial Statements [View article]
    Gene Munster of Piper Jaffray is a defender of VIPS.

    In a COMPLETLY unrelated story, Piper Jaffray was an underwriter of the VIPS IPO.
    May 20, 2015. 10:36 PM | 7 Likes Like |Link to Comment
  • Harold Hamm wanted scientists dismissed, dean's e-mail says [View news story]
    If true...what an a**
    May 15, 2015. 07:39 PM | 1 Like Like |Link to Comment
  • Vipshop: We Are Not Buying The Financial Statements [View article]
    Look... Either the warehouses exist or they don't.

    J Capital is in China, She tried to find the warehouses and couldn't.

    VIPS can clear this up in about 12 seconds if they list all the actual addresses, sizes of their warehouses.

    J Capital can verify the ownership with the local governments. This will be over in a day, and your stock will go up.
    May 15, 2015. 11:07 AM | 1 Like Like |Link to Comment
  • Vipshop: We Are Not Buying The Financial Statements [View article]

    This is a must-see discussion on VIPS on CNBC

    http://cnb.cx/1JLZ9IE

    J Capital apparently could not find the 300 million dollars worth of property and buildings VIPS supposedly has.

    The "bull" sell-side analyst admitted "there is a 5% chance I'm dead wrong and this could be nuclear"

    Great stuff
    May 14, 2015. 08:46 PM | 5 Likes Like |Link to Comment
  • iDreamSky Technology: Strong Sell On Obsolescence, Game Failures And Accounting Issues -68% Downside [View article]
    As usual nice work....Distributing already proven games into China will be much less profitable in the future.

    The best way for game developers to (help) protect their IP is to do worldwide launches.

    Movie studios have figured this out. Game developers will too.

    May 12, 2015. 12:57 PM | 3 Likes Like |Link to Comment
  • IMF Plays With Matches, Greece Gets Burned [View article]
    "that the aid packages were not really about "saving" Greece, but about buying time."

    "a real solution for Greece, which would have put it on a sustainable path, was sacrificed in order to protect the monetary union as a whole."

    You nailed it; I cannot wait to see what happens next.
    May 12, 2015. 11:49 AM | Likes Like |Link to Comment
COMMENTS STATS
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123 Likes