Seeking Alpha


Send Message
View as an RSS Feed
View FortSumter's Comments BY TICKER:
Latest  |  Highest rated
    Thanks for the info. I agree with your thesis. Here in Florida the housing market is anything but fixed. Still many half developed neighborhoods growing nothing but weeds. Only apartments taking off. Resale for existing homes improving but foreclosures still sky high. Nothing down here to support to huge gains in housing related stocks. That said, remodeling is doing well. So if I was to play a proxy I might look at HD, MAS or USG type stocks.

    Agree with you on tech. I got out of EMC and INTC earlier in the year at the highs and am glad I did.

    At this point I'm 75% cash because I'm not sure what to do. Was buy and hold for the last 30 years and got sick of drops and having to wait for 5 years until it came back (ala INTC or GE). Been trying to become a swing/options trader of the last year with limited success. :( Not as easy as it seemed on paper.

    Thanks again.
    Oct 24, 2012. 07:44 AM | 1 Like Like |Link to Comment
  • Questcor's New Attack By Citron [View instapost]
    That was quick! Bought on the dip for a wild ride.
    Oct 17, 2012. 03:08 PM | 1 Like Like |Link to Comment
  • Vringo: Winning Against Google Is The Only Solution [View article]
    Good catch! If he's going to jump on an article bandwagon, at least cut and paste info correctly.
    Oct 17, 2012. 09:19 AM | 1 Like Like |Link to Comment
  • 3D Systems Earnings Preview [View article]
    Any concern over latest lowered CAPEX numbers? These are big dollars machines for most. Not an MRO type purchase. Just wonder if the general increase in mfg pessimism will have companies put off purchasing this machines at this point. I think this view holds even more for SSYS.
    Jul 19, 2012. 04:13 PM | 1 Like Like |Link to Comment
    Your description of Hanoi sounds a lot like central Florida. No one ever believes the incredible volume of a tree frog can come from something so small.

    Thanks for you insight. Would like to hear your opinion of investing in Vietnam. Working in the mfg industry, I am seeing much interest in moving from China to Vietnam as the next low cost supplier. May be a little early but as I say, the interest is strong.
    Jul 19, 2012. 07:05 AM | Likes Like |Link to Comment
  • hhgregg: 5 Reasons We Think The Trend Will Be Down [View article]
    Thanks for the article. Been watching HGG since they opened a store in my area. True to my Peter Lynch style of investing, it is my opinion that our local store sucks - especially for appliances. The associates were clueless. They basically read me the info off the marketing labels.

    I agree with your inclination to short. I'll probably wait closer to next earnings so as to not get caught up in some unforeseen event. I cannot imagine a good outcome for this company.
    Jun 21, 2012. 11:23 AM | Likes Like |Link to Comment
  • 3D Systems Secondary Provides A Buying Opportunity [View article]
    As an ex-design engineer, I love the premise of this company. It could shave months off the product development cycle not to mention the costs associasted with outsourcing prototypes. This is the type of disruptive technology that "could" be the multi-bagger when the market returns to an uptrend.

    However, I agree with Advill's comments to go all in at this point.
    Jun 15, 2012. 09:05 AM | Likes Like |Link to Comment
  • Sharks Are Circling Around [View article]
    Great article Josh. I shorted CRM this afternoon when it crossed below the 200. I posted it on stocktalks and was quickly reminded of how difficult this stock is to short because of the large institutional influence. You mentioned it ever so briefly so could you expound on what it would take for them to unload their shares. To start the landslide so to speak?
    Jun 13, 2012. 09:14 PM | Likes Like |Link to Comment
  • Potential Short Trade In F5 Networks [View article]
    Hey Bret - Nice 30% gain since this article. Perhaps Jeff is still long?
    Jun 13, 2012. 03:47 PM | Likes Like |Link to Comment
  • Ron Johnson's Plan Puts J.C. Penney At Risk [View article]
    That may be so but coincidentally, or not, he was also granted a $53MM pay package. He hasn't worked there a year and he has already disposed of 777k shares at a high of $42. Yes, I'm sure he believes in the company as long as it benefits him. Haven't seen him buying any lately. If he stays another year I'd be very surprised.
    Jun 7, 2012. 03:56 PM | 1 Like Like |Link to Comment
  • Ron Johnson's Plan Puts J.C. Penney At Risk [View article]
    Regardless of his AAPL pedigree, this guy will do to JCP what Nardelli did to HD -> run it into the ground and then bolt with some obscene golden parachute. Just visit a store and talk to the employees. Absolutely no enhusiasm working there - just like HD at the time. If there is no positive "vibe" in the store calling a sale a month long value wont change anything. Short JCP since I saw their first Old Navy/Target looking flyer.
    Jun 7, 2012. 07:58 AM | 3 Likes Like |Link to Comment
  • Jive Software: Current Star, Future Wallflower? [View article]
    Thanks. Pretty much my thoughts as well. But it's always nice to hear someone say the same thing. Of course we'll deny it if it goes up. haha
    Jun 6, 2012. 01:06 PM | Likes Like |Link to Comment
  • Jive Software: Current Star, Future Wallflower? [View article]
    Having lost 20% of is value since this article was published, what is the feeling going forward into the end of the IPO lockup period? With SCGF and KKR owning such a large number of shares at such a low price, it almost seems obvious they will dump a portion of them on June 11th. No?

    Thinking of playing puts on JIVE and was looking for any indication they are in any different straights than before.
    Jun 3, 2012. 12:37 PM | Likes Like |Link to Comment
  • Never before has the price gap between natural gas and diesel been so large, making trucks powered by natural gas an alluring option for company fleets. Examples: Waste Management (WM) says 80% of its truck purchases in coming years will be fueled by nat gas, and Ryder (R) is expanding its program of renting out nat gas trucks and is introducing them in clusters it operates for big retailers.  [View news story]
    And yet these and associated stocks keep tanking. Maybe they got ahead of themselves? Definitely getting within a reasonable buying range given the potential.
    May 25, 2012. 07:51 AM | Likes Like |Link to Comment
  • Alternative Fuel Plays Look Like Bad Investments [View article]
    Wahahhaha! Hey wait a minute I teach math! Good one though.
    May 11, 2012. 02:00 PM | 1 Like Like |Link to Comment