Seeking Alpha

Doyle3000

Doyle3000
Send Message
View as an RSS Feed
View Doyle3000's Comments BY TICKER:
Latest  |  Highest rated
  • Salesforce buys CRM analytics startup RelateIQ for $350M [View news story]
    In this zany world they were probably purchased for 9x sales so at $350mm they were maybe doing like $40mm/year?
    Jul 12 03:31 PM | Likes Like |Link to Comment
  • Salesforce buys CRM analytics startup RelateIQ for $350M [View news story]
    Hey they found someone who will take their stock as payment!

    After ExactTarget I bet they changed their first M&A prospect filter to "Will company take our stock for payment?"
    Jul 11 11:22 AM | 3 Likes Like |Link to Comment
  • Is Salesforce Still A Force To Be Reckoned With? An Algorithmic Perspective [View article]
    As a trader's stock your thesis could be completely right, but it is trading/gambling and not investing.

    I was in San Francisco when they announced they were moving into the largest skyscraper that side of Chicago and I said "Of course they are, everything is about the image they are projecting". But the ENRON building was also kind of fancy in Houston. As was WorldCom's complex. And Arthur Anderson's HQ was pretty sweet too.

    CRM may not go bankrupt, but their stock will absolutely collapse within the next few years and it'll never come back to these levels. They'll be purchased by ORCL or SAP at about $17/share.
    Jul 8 09:46 AM | 3 Likes Like |Link to Comment
  • Coach: An 'Accidental High Yielder' [View article]
    I'm buying 100 this week and if it keeps dropping I'll dollar cost average down. This is oversold and pays almost 4% to wait. Good find. Your the 2nd SA author to pique my interest with COH. (Acs)

    Nice article as always Bret. Plain and Simple.
    Jul 6 07:31 PM | Likes Like |Link to Comment
  • UCP, LLC's Lot Portfolio Is Worth 84% Of Its Enterprise Value, Giving Shareholders Homebuilding Exposure At A Discount [View article]
    I held this for almost a year and it didn't budge. I think you are right but it's very tough to hold and be patient while every other good stock in the market seems to be rising nicely.

    Once the bull stops running and I ring the register on AAPL, GILD, etc... I may jump back in. You are correct that this is not on anyone's radar but that can be good and bad.

    Excellent article. Thank you.
    Jul 4 10:46 AM | Likes Like |Link to Comment
  • Autodesk's CFO leaving to become Salesforce's CFO [View news story]
    Graham: "Welcome Mark, glad to have you here. We need to review some reporting SOPs before I leave ok?"
    Mark: "Sure, what is different at CRM vs. other companies?"
    Graham: "Well I'm glad to hear you ask because that means you didn't notice that we have an amazing and incredible ability to grow between 31%-35% YOY every single quarter no matter what is going on in the macro or micro economy"
    Mark: "And what does that have to do with how I report our quarterly revenues?"
    Graham: "I've actually built them for you for the next 6 quarters. Here you go. Take a look and read them to yourself and practice saying them a lot so when you say it on the call it sounds extremely sincere"
    Mark: "How on earth can you pre-determine your YOY growth 6 quarters into the future Graham???"
    Graham: "Well we have this beautiful little piggy bank called 'deferred revenue' which can act like a smoothing factor each quarter. We have the ability to move around recognized revenues to ensure that we always 'beat and raise' each quarter no matter what!"
    Mark: "Graham, that's unethical and practically illegal, why would you do that?"
    Graham: "Well candidly, our stock price is all we have. Our model doesn't actually work. It costs us $1.10 to sell each new revenue dollar. And we even lost $96mm last quarter. So it's really bad. But here's the good news, most of those expenses are stock options that aren't really expenses but they magically make your personal bank account expand geometrically each quarter!"
    Mark: "What about the shareholders?"
    Graham: "The who?"
    Jun 30 04:56 PM | 4 Likes Like |Link to Comment
  • This Roller Coaster Only Goes Higher - Don't Fight It [View article]
    George are you still long APC without calls sold against the position? That would've been a nice return if you kept it going
    Jun 25 10:44 AM | Likes Like |Link to Comment
  • This Roller Coaster Only Goes Higher - Don't Fight It [View article]
    And also George, do you have a hard & fast rule for 1% ROI? You mention often that the implied volatility is x% and you can attain a 1% ROI with a strike that is x+y% below current price. So it begs the question - why go directly to the 1% ROI if higher yields can be attained outside the implied volatility?

    I find myself consistently taking your advice but "cheating up a bit" on the strikes to get a greater than 1% ROI. Do you also sneak a little extra sometimes?
    Jun 22 01:22 PM | Likes Like |Link to Comment
  • This Roller Coaster Only Goes Higher - Don't Fight It [View article]
    PackerMan and Aardvark - I was living the dream a few years ago with AAPL and got CRUSHED on paper for a solid 14 months. Everyone else was making money and I was crying while reading the great Acs "Time to Say Bye Apple"; saving just enough energy to fight each of these realists with a "you'll be sorry when it's back at $700"

    The fact is that AAPL can EASILY go back to $70 - very easily. The market is very fickle with this stock. Don't be afraid to take profits once in a while, because they can be fleeting. I sell calls on my entire AAPL position now.
    Jun 22 01:13 PM | Likes Like |Link to Comment
  • Kimberly-Clark Hits A New 52-Week High: Buy, Sell, Or Hold? [View article]
    This stock will keep rocking until interest rates start finally going up (next year?) - and it's not because it deserves a premium P/E, it's just that there's nowhere else for income investors to put their money and get a real return. And if memory serves it usually splits around $120 so if it gets there by the spin-off, they may announce a split a the same time and that could take it another 5% up.
    Jun 21 02:06 PM | Likes Like |Link to Comment
  • A Hitchhiker's Guide To A Reflating Tech Bubble: Short Workday [View article]
    Tafort one doesn't have to understand I/T Apps to know that a stock is over-valued. It's amazing how many people immediately jump to the coolness of a product vs. the valuation of the company stock.

    I hate Comcast with every fiber of my being but that doesn't mean the stock should trade at $1 per share. But this is the argument the technology people always make in reverse.

    Does Warren Buffett have to know the secret formula of Coke to invest in KO? Seriously how can smart IT people keep crossing up this simple concept? Is it a genetic blind-spot with techies?

    Short CRM and thinking about shorting WDAY.
    Jun 17 03:34 PM | 4 Likes Like |Link to Comment
  • Apple Still Offers 15% Upside Plus A Free Call Option On New Products [View article]
    all of these bullish AAPL articles sound eerily similar to the ones I was reading in 2012 right before it dropped from $705 to $385 in a very painful sell off

    if this next quarter isn't extraordinary with iPhone volumes and margins I'd expect a sell off down to $88 or so. Or worse.

    and they are due to launch something besides the iPhone 6 if they want to climb to $105 as your 15% upside suggests

    long AAPL but seriously thinking of ringing the register
    Jun 17 01:42 PM | 2 Likes Like |Link to Comment
  • Prospect Capital Can't Catch A Break [View article]
    what is PIK?
    Jun 16 09:07 AM | 2 Likes Like |Link to Comment
  • Why Analysts Are Wrong About Apple [View article]
    Andrew A with the Union burn! Love it!

    I say and will continue to say that analysts are the tabloid writers of Wall Street. If you buy or sell stocks based on their writings you are truly ignorant of their motives and ineptitude.
    Jun 16 08:05 AM | 9 Likes Like |Link to Comment
  • A Pax Romana May Be Bad For Markets [View article]
    OK got it. So as volatility and premiums rise, you'd be ok forgoing your 'bird in the hand' i.e. 1% locked in ROI with assignment, for the proverbial '2 in the bush' if the final return was greater than the originally planned 1% ROI?

    I struggle to let it ride which is probably why I still have to work.
    Jun 15 11:34 AM | Likes Like |Link to Comment
COMMENTS STATS
1,256 Comments
2,241 Likes