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  • Uber, Not Tesla, Will Be Apple's Competition In The Automobile Industry [View article]
    Beware such predictions! Look no further than SHAK! While SHAK will ultimately trade down to earth (i.e. single digits) it has already burnt many premature shorters and will likely burn a lot more before it comes down hard.
    May 26, 2015. 11:35 AM | Likes Like |Link to Comment
  • Uber, Not Tesla, Will Be Apple's Competition In The Automobile Industry [View article]
    Beware such predictions! Look no further than SHAK! While SHAK will ultimately trade down to earth (i.e. single digits) it has already burnt many premature shortsellers and will likely burn a lot more before it comes down hard.
    May 22, 2015. 10:01 AM | 2 Likes Like |Link to Comment
  • Uber, Not Tesla, Will Be Apple's Competition In The Automobile Industry [View article]
    elliseconomics: I haven't read such an unhistorical, unreal and purely emotional crap for a long time. Elephants and donkeys are the two sides of the same oligarch rule coin. Unions deserve a lot of criticism, granted, but to mix that up with the rise of fascism in Germany is ridiculous. You obviously have no clue what fascism was about, how it came to power (hint: it was financed by the big industrial conglomerates and banks) and what it did with trade unions (another hint: many trade union members ended up as prisoners in concentration camps).
    As for Uber, it is the poster child of Manchester-capitalism style exploitation of people, wrapped in high-tech clothes with a fancy app.
    As for the article itself: You either build cars or you don't. Uber will never ever enter the car manufacturing business. Apple might - I don't know. If they do, it will be a huge waste of money an icar ain't as sexy as an iphone.
    Uber's business model isn't sustainable. they will certainly try to cash out via an IPO as long as that house of cards still stands. They may well run out of time, however. Over here in Europe, Uber isn't going to go anywhere. For all the limitations and shortcomings of the European union, we won't allow gangsters like Uber to simply trample over all the regulations and legal obligations, most of which have been put in place for good reason. Even an army of lobbyists won't change that. Not this time.
    What does have a future are concepts like car2go. That may be a very important development. Uber? Nobody will remember them 10 years from now, except for those who got financially destroyed by working uninsured as Uber's drivers.
    May 22, 2015. 09:59 AM | 2 Likes Like |Link to Comment
  • Shake Shack: Beware The Bubble [View article]
    the moment options become available, you can short the puts and the calls. that would likely be the safest and best trade based on a risk-reward. until then I watch and stay away. At some later point some put-spreads may be worthwhile. but that may be still far into the future.
    May 22, 2015. 05:34 AM | Likes Like |Link to Comment
  • SolarCity Earnings: Q2 Guidance May Be Sign Of Things To Come [View article]
    current solar technology isn't economically viable. Far from it. taxpayer subsidies make up for a large part of the difference, but still, solar power sucks for most people from a cost-benefit point of view. I am 100% certain, 5-10 years out solar panels will be very different from today's - good bye scty 'retained value'
    May 21, 2015. 01:24 PM | Likes Like |Link to Comment
  • I Concede Defeat In Amazon.com [View article]
    Michael, the trick is not to make any profits! the moment you do and you get some 'earnings history', wall street will start to assign you a P/E ratio, P/E-growth ratio and the likes. And will worry whether you can keep those profits and profit growth. Whereas with stocks like amzn and salesforce.com, you simply do not have these metrics, no history of them and so wall street can attach the price/fantasy ratio to them indefinitely. the higher the price gets, the more fantasy is added, keeping said ratio 'reasonably' low.
    May 19, 2015. 08:17 AM | 1 Like Like |Link to Comment
  • I Concede Defeat In Amazon.com [View article]
    Stephen: How can a management of a company willfully 'increase the share price' ?
    May 19, 2015. 08:10 AM | Likes Like |Link to Comment
  • I Concede Defeat In Amazon.com [View article]
    Gary, there is no such thing as 'momentum investing'. You can trade momentum stocks and there can be momentum speculation, but certainly not 'investing'. perhaps you should look up the difference between investing, speculating and gambling. Ben graham has made that distinction pretty easy to grasp, in the third chapter of his book, if I recall that correctly.
    May 19, 2015. 08:10 AM | 1 Like Like |Link to Comment
  • I Concede Defeat In Amazon.com [View article]
    @Stephen: Your calculation is flawed. You assume that the $1 bn collected via the bond issue simply disappeared. If the money is properly invested (or used to buy valuable assets, another company) then your asset base may even increase by more than the 1bn $.
    Ironically, QAMZN has kept borrowing money and increased the leverage substantially over the years without having generated much of a profit to show for it.
    May 19, 2015. 08:07 AM | Likes Like |Link to Comment
  • I Concede Defeat In Amazon.com [View article]
    Stephen, are you aware that a rising stock price is essentially something that cannot really be influenced by a company that generates no profits? expectations of (growing) future profits is what makes shares of companies trade up. Since Amazon has no earnings to pay dividends from, all you have here is an appreciating stock price - but that appreciation in itself is purely due to speculation about future profits (which may or may not ever materialize). Jeff bezos hasn't created any 'shareholder value'. What he has done is to sell a story very well to wall street and to gazillions of mutual fund managers who are happy to throw other people's money just on stories of dreams and hype as long as many of their colleagues in the industry continue to do so, too. the same is true for salesforce.com, by the way.
    We will talk about that shareholder value creation thingy again, after amzn and crm have come crushing down to single (CRM) or double digits (AMZN). I have no idea whether that will happen tomorrow, a year from now or 5 or 10 years out but happen it will unless amzn radically changes its business model - and successfully so. As for CRM, they have been a money burning venture from inception and they will never be anything else.
    May 19, 2015. 05:56 AM | 1 Like Like |Link to Comment
  • I Concede Defeat In Amazon.com [View article]
    Stephen, I agree with you, corporations need not necessarily exist for the purpose of making profits. But: unless you are eager to join bezos in his effort of a perpeptual non-profit-corporation, you should think really hard why you actually want to own (and promote) AMZN's stock. The market value of a common stock of a non-profit-organization is essentially zero.
    May 19, 2015. 05:47 AM | 1 Like Like |Link to Comment
  • Lampert sounds confident at Sears annual meeting [View news story]
    sedric, if you are right, you will make a ton of money shorting shld right here right now at $42/share. Should be the easiest money to make ever, no?
    go ahead. meanwhile, I will reach for the popcorn and for another bunch of cheap long dated otm call spreads
    May 19, 2015. 05:04 AM | Likes Like |Link to Comment
  • Lampert sounds confident at Sears annual meeting [View news story]
    @jraskib: caution, those ssrap pet bonds could well end up being worthless. The way lampert has restructured SHLD, these bonds are NOT ahead of equity in the capital structure anymore in case of a bk.
    May 19, 2015. 04:58 AM | Likes Like |Link to Comment
  • Lampert sounds confident at Sears annual meeting [View news story]
    @idkmybffjill, We will yet have to see whether 'living in the 21st century' makes indeed for a happier living, after all. For instance, for all the great things one could do with today's electronic gadgets and toys, they are a heck of a time consuming (i.e. wasting) beast as well and lots of evidence already is surfacing that they inhibit social interactions instead of promoting them.
    A lot of people even still live the lifestyle of generations before, being not addicted to big cities, awful tv programs, electronic toys, urban hectic, partying all night with drugs and so on - and mind you, many of them are really, really happy.
    May 19, 2015. 04:55 AM | 2 Likes Like |Link to Comment
  • SolarCity's Connections Offer Invaluable Benefits [View article]
    freeman, nuclear has always been uneconomical. Not one of these plants would exist, if the true overall costs (especially for storing and disposing the radioactive waste for hundreds and thousands of years) had not silently been ignored (i.e. put on the shoulders of future taxpayer generations).
    That being said, solar isn't economical either. maybe it will become so by some future day as technology progresses. But it could as well be that thorium, water or some other substance will see the big breakthrough. Sunlight doesn't cost a dime, sure. But converting it into electricity does. And a lot. Most solar enthusiasts simply ignore this reality and refuse to do the math. Solarcity is built on quicksand. it rests on a financing scam and has no viable business model. One could call tesla motors 'financially sound' in comparison. And tesla motors is a financial trainwreck on its own.
    May 15, 2015. 12:32 PM | Likes Like |Link to Comment
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