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Saul Sterman » Comments » HD

  • The Consolation Prize Theory: Why Home Depot Should Profit From the Housing Slowdown [View article]
    Phil- a thousand apologies. I constantly confuse you with David Philips from 10Q. Right, your Phil Davis the SA options Guru. Just tied a little string around my pinky to remember!

    So you mean to say that if I were to play options my portfolio for 2006 would be up 582% instead of 58.2%! (As of today I’m 60% cash.) Honestly, I’m the type of guy that would rather be bored than rely on pills to get some shut eye. But that’s me.

    Just out of curiosity, when all is said and done taking into account all the kills and loses, on a yearly basis can you consistently pull a 100-150% profit. If yes then you’re a genius. If no, to you it may be fun, to me it would mean an ulcer and isn’t worth it. I think you will agree that option trading is not for everyone.

    We may have different investment approaches, but your calls are good, not to mention the timing factor.
    Aug 31 03:51 am |Rating: 0 0 |Link to Comment
  • The Consolation Prize Theory: Why Home Depot Should Profit From the Housing Slowdown [View article]
    "up 70% ahead of earnings" - you wish! typo, Phil meant to say 7%. Still not bad for 3 days... Phil, did you catch ARNA? I don't think the (upcoming) good news will take it all the way to 17/18. Probably top out 15/16 range. EOM, so I don't have time to write article. Catching it's breath today at 12 but should start moving again tomorrow. (needless to say, I'm long).
    Aug 30 16:57 pm |Rating: 0 0 |Link to Comment
  • The Consolation Prize Theory: Why Home Depot Should Profit From the Housing Slowdown [View article]
    Phil-

    Nice call!
    I still would like a more detailed explanation as to why the market places such a high multiple on this stock. Expected Q3 losses of $0.13-0.19, no shareholder value etc.

    www.marketwatch.com/Ne...;siteid=mktw&g...

    Is this one of those trading spikes that you like to catch or has management really changed this time and intends on creating shareholder value?

    Well done indeed…looking forward for your next call.
    Aug 29 03:14 am |Rating: 0 0 |Link to Comment
  • The Consolation Prize Theory: Why Home Depot Should Profit From the Housing Slowdown [View article]
    Somehow I doubt that Mr. Rich with 100k set aside for remodeling, shops at Home Depot. Ask the good old common folk at HD if they’ve seen Mr. Rich lately!
    Aug 20 16:44 pm |Rating: 0 0 |Link to Comment
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