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Joshua S.

Joshua S.
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  • Cameco: Offering Nuclear Value [View article]
    Uh - a note. URA is not designed to track uranium prices, it is designed to track uranium miners.
    Sep 20, 2014. 06:49 PM | Likes Like |Link to Comment
  • Microsoft hikes dividend 11%, adds two new directors [View news story]
    So, if the CEO is picking the board members, doesn't that defeat the whole purpose of board governance? Anyone see where I'm going with this?
    Sep 17, 2014. 12:05 AM | 3 Likes Like |Link to Comment
  • Ominous Portents In Consumer Sentiment [View article]
    This is silly. Are you really telling me that the average household today has a lower standard of living than someone 16 years ago?
    That means - less access to healthcare, a worse car, slower computer, etc.

    And no serious statistician actually pays attention to consumer sentiment, its a terrible metric on many levels, including the fact that you are essentially asking a consumer questions void of any substance whatsoever.

    Sorry.
    Jul 20, 2014. 11:21 AM | 1 Like Like |Link to Comment
  • Best Buy's Decline Not Complete [View article]
    Hawk - I believe I presented some evidence in my article. Feel free to read it more closely, if you wish.
    Jul 14, 2014. 09:22 AM | Likes Like |Link to Comment
  • Best Buy's Decline Not Complete [View article]
    Thanks for posting the bearish article. The bigger story here is that everything driving the stock up is just a temporary boost. Let's look at online sales. BBY claims to regain both price and profitability advantage over AMZN - and they did this through cost cuts. Well, just to inform everyone who has not followed AMZN, but Amazon did not gain price advantage through cost cuts, they did it by investing billions. The entire BBY story simply doesn't add up, unless if you assume they took cost cuts out of important, long-term assets. Watch for this sucker to start collapsing under its own weight in 6 months to a year.
    Jul 13, 2014. 03:17 PM | Likes Like |Link to Comment
  • Ram Power (RAMPF) Q1 2014 Results - Earnings Call Transcript [View article]
    Haha, thanks. I feel the same way as you. I've watched my position dwindle down for two years, to a point that it's not even worth selling. On the upside, if for some reason a miracle happens and this stock becomes "not entirely worthless", you and I will look like geniuses for holding!
    Jun 25, 2014. 07:07 PM | Likes Like |Link to Comment
  • Report: Netflix in talks with DT for German partnership [View news story]
    You mean like the brands "Xerox" or "Kleenex"? People call all copiers a Xerox machine, does that mean that Xerox's brand prevented people from buying a competitor?

    A brand is not a moat.
    Jun 22, 2014. 09:51 AM | Likes Like |Link to Comment
  • Report: Netflix in talks with DT for German partnership [View news story]
    Brand and Customer base is not a moat. A moat is something that you can use to prevent erosion, not your current situation.
    Jun 20, 2014. 04:49 PM | 1 Like Like |Link to Comment
  • Ram Power (RAMPF) Q1 2014 Results - Earnings Call Transcript [View article]
    Sigh.
    May 29, 2014. 01:14 AM | 2 Likes Like |Link to Comment
  • My Valuation: Why Best Buy's Stock Is Worth $49 [View article]
    Hopium. Lots of it. And some fancy excel formulas.
    Apr 20, 2014. 10:30 PM | Likes Like |Link to Comment
  • Rhino Resource Partners: New Leadership, New Strategy? [View article]
    Well I agree that it's good to have some people with diverse backgrounds - which relates to the core. My point is that diversifying your business is only good if the markets you enter tie to the core competency of the firm. There's no reason that RNO should diversify out of coal. That's the best way to be average/mediocre at everything. If you are concerned about RNO being tied just to coal, then make sure your portfolio has other assets as well to counterbalance RNO.
    Mar 3, 2014. 10:17 AM | Likes Like |Link to Comment
  • Rhino Resource Partners: New Leadership, New Strategy? [View article]
    Truthfully, I'm new to the industry, so I don't know enough about the coal industry to make that comparison. But my point above is that if you aren't focused on learning new industries, it frees you up (in theory) to focus on becoming best in class in just one thing.

    I would rather invest in a highly concentrated, pure-play firm who is vulnerable to market cycles, than someone who diversifies without thought to developing their core. Diversification is important at the stock portfolio level, not the management level.
    Feb 28, 2014. 08:43 AM | Likes Like |Link to Comment
  • Rhino Resource Partners: New Leadership, New Strategy? [View article]
    It looks like RNO is answering every question I had about diversification. This is why focusing on one product is key in a falling market. They will be buying everyone else's cheap assets for pennies, and run them better than the firms they are buying them from. I have become 100% more bullish about this firm overnight.
    Feb 27, 2014. 08:46 AM | 1 Like Like |Link to Comment
  • Rhino Resource Partners: New Leadership, New Strategy? [View article]
    Why does everyone want RNO to diversify? There are zero strategic similarities between gas, oil, and coal mining. I'd rather a firm be best-in-class in one activity, than try to branch out into industries where thousands of others are trying to get into.

    In addition, I would like to point out that diversifying into NG does nothing to diversify cash flow - since gas and coal prices are highly correlated.
    Feb 22, 2014. 11:58 PM | Likes Like |Link to Comment
  • Financial Crisis Early Warning System [View article]
    In order to think the dollar is going to be replaced as the world's currency, you have to answer the question of "What is the alternative?". Just a year ago people were questioning whether the euro would cease to exist, and now China is poised for a giant drop. It's not that the world's currencies are: #1: US #2 Euro #3 China... the world's currencies are: #1 US, #2 US, #3 US, #4 US, #5 US, #6 Euro, and #7 China
    Feb 22, 2014. 07:46 PM | 3 Likes Like |Link to Comment
COMMENTS STATS
45 Comments
31 Likes