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  • Could Apple Eliminate The iPad Mini? [View article]
    My kids love their ipads and the apps that are on itunes. Within their circle of friends and classmates, I find that the less affluent families have samsung tablets and the much less affluent have kindles.

    When kids who dont own ipads come over to our house, they drool over my kid's ipads. In fact, I've had to buy several "guest" ipads for those who dont have their own to use when they visit. They all wish they could ditch their androids and take the ipads home.

    I use a 6 plus and its much too small for anything other than a quick check of emails. I use an air 2 as well as my surface pro 3

    The mini, like the ipod, has its place and there will be a market for them.
    Aug 18, 2015. 05:28 PM | 12 Likes Like |Link to Comment
  • Thoughts On Momentum Stocks: Netflix And Amazon [View article]
    Both stocks have sky high valuations. However, you have to understand that with these type of stocks, valuation is not a factor traders consider. Its all momentum trading which is why they have such tremendous intraday moves.

    If you hang your hat on valuation with these type of stocks, you'll miss the moves. Amzn trades where it is because of the street's love affair with Bezos. The fact is its a company with nothing proprietary. Its revenue growth has slowed from 40% to 30% to the 20% range while its expenses to achieve the slowing growth have ballooned. Amzn cannot make consistent, steady profit and when they do, its a few hundred million a year. That's burned through quickly and they are forced to add debt.

    While people continue to clamor for the showing of profits, the reality is if they keep showing 90 million of profits consistently, then traders may place a normal valuation on the stock. Bezos knows how to play this and thats why he'll keep losing money with the excuse of building for the future ( 20 years of hearing this) and every once in a while he'll defer some expenses to throw a profit at wall street to keep them pacified. He's brilliant at the game of deception. Non the less, the street loves amzn and until the sentiment changes, amzn will continue upwards.

    Nflx offers the best user interface and selection if your talking about movies( Hulu is best for tv shows). My kids love nflx. Its a great value for the monthly fee and unlike amzn,they have what you can't get elsewhere. msft or aapl should have bought youtube and nflx when they had the chance.

    Like amzn, however, nflx must spend big to stay on top and its a hard game to keep playing. If you invested early in amzn and nflx in a sizeable quantity and had the stomach to stay the course, you've done well. At these levels on amzn & nflx, I trade in and out daily but would not commit new investment dollars unless a major correction (buying opportunity) materialized without any change in the street's sentiment towards the names.
    Aug 18, 2015. 12:48 PM | 7 Likes Like |Link to Comment
  • Amazon: Has The New York Times Correctly Rung The Proverbial Bell At The Top? [View article]
    While Bezos is ruthless in business and widely hated with employees, he is a wall street guy and he knows how to play to them and exactly what they want to hear.

    Everything amzn sells can be found elsewhere for far cheaper as can be free, no fee shipping and no sales tax. My kids accidentally dropped my surface pro 3 stylus in pool on Friday. Amzn sells it for $42, best buy matches their price and gives back bonus bucks. Bought it on ebay from a storefront vendor with buy it now, free shipping, no sales tax new in sealed box. It will be here tomorrow and I didn't have to pay an annual fee.

    Remember when wall st said they don't care if amzn makes money or not as long as it can maintain a 36% revenue growth rate we'll pay up. Well here we are at amzn struggling to keep up a 20% growth rate and wall street has made more excuses and now fixated on aws which does not make money if you add back in the expenses that bezos puts off balance sheet.

    That said, the deplorable working conditions wont faze the stock and until wall street stops drinking the bezos infused kool aid. amzn goes higher.
    Aug 17, 2015. 11:00 AM | 8 Likes Like |Link to Comment
  • Apple: Finding iPad's Future [View article]
    @arc_light I agree. The iPad is still very popular. I have an Air 2 that i constantly carry with me ( along with my Surface pro 3) and another Air 2 on my office desk at home to watch tv

    When the new ipad comes out, i'll buy two more for myself and give my kids my two Air 2's. I'll then sell the Air 1's on they are using now on eBay and the cycle continues for me everytime aapl releases a new version.

    People say that iPad sales are slowing due to the 6 and 6plus. I have a 6 plus and while its fine for email, its way too small for me for much of anything else.
    Aug 14, 2015. 01:54 PM | Likes Like |Link to Comment
  • Apple: Finding iPad's Future [View article]
    I love my air 2, however I now use my surface pro 3 most of the day.
    aapl needs to keep the ipad air form factor intact but make it a full blown pc.
    Aug 12, 2015. 02:51 PM | 6 Likes Like |Link to Comment
  • Can Apple Burst The Netflix Bubble? [View article]
    nflx is the best so far in terms of offerings and user interface when it comes to movies. Hulu is tops for tv shows. While i'm looking forward to the new apple tv, they have a long way to go to compete with nflx.
    For the value and offerings, I use nflx and hulu and stream through apple tv even though my tv's connect directly to the web.
    aapl needs to introduce a new category defining product with the popularity of the iphone and ipad to ignite the stock again. My apple watch is gathering dust in my desk right next to my google glass. My microsoft band gets used everyday
    Aug 12, 2015. 10:46 AM | 2 Likes Like |Link to Comment
  • Investors Should Not Be Deterred By Amazon's High Earnings Multiples [View article]
    Value at amzn ! Now, thats almost as entertaining as watching The Donald debate.
    Amzn is a trading vehicle for several hedge funds. Bezos is powerful on wall st and as long as he perpetuates the hype amzn stays lofty.
    There's money to be made on both the long and short side of amzn daily. Even if you were a small time trader and short 1000 amzn yesterday - you would have made over $20k in one day. That gap at around $492 still needs to be filled.

    If I told you to invest in a company that can't make sustained profits after being in business for two decades, to invest in a company whose cash on hand is almost entirley due to borrowing, in a company valued at hundreds of times its struggling 20% growth rate, in a company who sells others products with nothing proprietary of its own, in a company who engages in creative accounting by listing items and expenses off balance sheet to inflate numbers, in a company who has billions in financial obligations without the cash on hand to satisfy - would you invest in it?

    I've made lots of money trading amzn both long and short, but investing here at these levels in a company that could be bankrupt quickly is not my idea of prudent finances.

    amzn is a stock I trade many times a day and its my cash register, but I dont like the company, its prices, its deceptive advertising and its snake oil salesman leader.

    Now if you'll excuse me, I 'll take some of my amzn profits and go buy my wife a new bmw to use a her daily clunker and go leave my deposit on the new Ferrari 488 for myself
    Aug 7, 2015. 12:09 PM | 9 Likes Like |Link to Comment
  • Amazon Echo: The World's Smartest Assistant [View article]
    @ wall street daily Have you tried the echo device? If you have, you can't honestly tell me that you have not sent it back already.
    Like everything else amazon, such as the firephone and kindle, the device is poorly built and performance is highly disappointing. After trying it, very few people are going to have one plugged into every room. Ipads interface with Lutron can already control most of the home. Aapl, msft and goog have billions to tap this market, amzn only has funds available to it from borrowing. How much more can they borrow and when will the funding dry up.
    Amzn has been singing the same song for 20 years and it still can't barely make a profit. They dont innovate but rather copy others. The stock price has done nicely not due to fundamentals but due to several powerful traders keeping the cult alive.
    While I trade amzn all day, everyday, I believe its only a matter of time before this one ends badly. As my friend Sam Zell says , ""If you play with the numbers, who are you fooling, if you spend more than your revenues, can bankruptcy be far behind"(only a few very high profile people, one Saudi Prince and several billionaires will know where that quote came from)
    If amzn "earns" and I use that term loosley as their "earnings" are the result of financial engineering, 300 million a year in profit, how can they afford to spend on infrastructure and r & d. 300mil can be wiped out overnight.
    Just my opinion folks.
    Aug 4, 2015. 04:28 PM | 6 Likes Like |Link to Comment
  • Microsoft states Windows 10 downloads top 14M; reviews largely positive [View news story]
    Received a notice that our version was ready. Downloaded win 10 to surface pro 3 and our desktops. Very, very smooth , powerful and well featured.
    Jul 31, 2015. 12:52 PM | 7 Likes Like |Link to Comment
  • Are Amazon's Profits Short Lived? [View article]
    @lowriskvalue Amazon does not have the lowest prices. Shop around on the web, ebay,target red, home depot, b & h photo, walmart etc and you'll see that there are many vendors who offer far better pricing and free, no fee shipping.
    Recently bought a Bonsai sidewinder water skide which was around $699-$749 on amazon. Bought it at Target for $499 free, no fee ship and another 5% off with target red. Bought a 12 pack of sharpie fine points for $6 at staples- they were $9 at amazon. Bought an iphone 6 + case on ebay for .99 cents with free shipping ( yes you read that right !) The same exact case with the same photo and ad is $12.99 at amazon. Bought a wii u amibo for $19.98 on ebay, brand new buy it now with free ship and no tax-it was $39 on amazon
    Amazon has adopted the crazy eddie mentality getting people to believe amzn has cheap prices- search for yourself.
    Jul 31, 2015. 12:05 PM | 10 Likes Like |Link to Comment
  • Why You Should Dump Amazon And Buy Wal-Mart Now [View article]
    Wow, Bezos seems to be the only ceo who can flip a switch and make a profit.
    The reality is that profit is due to creative accounting, listing expenses off balance sheet and deferring expenses until a future quarter.
    Do you seriously think Amzn can grow its revenue and post a profit.
    They have to keep attracting people to sign up for prime and that cost lots of $$$.
    I don't belong to prime for a simple reason- Amzn never has the best prices and I find everything I need elsewhere for far less and with free no fee shipping. I bought a Wii u Amibo for my little guy. It was 39.99 on Amzn. Bought it new in sealed box on eBay from a buy it now vendor for $19.98 free shipping. It arrived in two days.
    Doesn't stop me from trading the stock. This week in at 524 out at $532 like clockwork everyday. Broke its trading range today possibly due to "top Gear" ( I know, who cares, but Amzn is the perpetual used car salesman hype machine ) bid. We'll have to see if it can build on this move or if it trades back down to 523-524. Long term chart indicates its severely overbought so I'm cautious
    Jul 30, 2015. 01:27 PM | 5 Likes Like |Link to Comment
  • Windows 10 Matters Not: A Statistical Study Of Windows Releases On Earnings [View article]
    Matter to me, matters to my company.
    I just finished the download of Win 10 on our computers and surface pro 3.
    It's smooth, powerful and we already love it. Cortana is great and we've put her to good use already.
    Jul 29, 2015. 02:38 PM | 6 Likes Like |Link to Comment
  • Microsoft: How Windows Will Become Obsolete [View article]
    I talk to mant It people and you could not have reflected upon what I hear from them better. Agree completely.
    Jul 28, 2015. 09:36 AM | Likes Like |Link to Comment
  • Microsoft: How Windows Will Become Obsolete [View article]
    I'd like to what the author uses to do work, accounting or run any type of very productive programs.
    I love my iPad Air 2 but it gathers a lot of dust during the workday while I use my surface pro 3
    In my opinion, the chromebook is ridiculous. Why buy such a limited product which relies completely on the cloud when one can buy a powerful, full featured touch screen pc for nearly the same price.
    The pc may evolve from its current form but I think Windows and the Mac will be the dominant player for many, many years.
    Jul 24, 2015. 04:16 PM | 15 Likes Like |Link to Comment
  • Amazon +12%; AWS, margin gains praised amid upgrades, target hikes [View news story]
    While I was long and still am long some amzn at much lower levels, this media and cnbc talking heads hype is sickening.
    Let's tell it like it is, Amzn is struggling to grow 20% and must pay up to keep that growth. Bezos is a wall street guy and is brilliant at playing up to what they want to hear.
    The "profit" was due to financial engineering and listing many expenses off balance sheet.
    The "made" 90 million-will be spent in a heartbeat on operations. Amzn burns through cash and needs bond offerings to feed the monster.
    They will never have a cash hoard like msft or aapl as there is simply no money left as they must pay dearly for any growth. This was the story for 20 years and will be for the future.
    I find everything I want from other vendors at far better pricing and many of my peers and traders no longer buy from amzn as they to, have found better prices everywhere else
    If amzn traded on the company's fundamentals, it would be a $70 stock. Enough of the bs - it would be refreshing if a wall streeter would tell the truth about this controlled company.
    Jul 24, 2015. 03:46 PM | 4 Likes Like |Link to Comment