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BeeCalk

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  • Genworth: It's A Bit Ugly, But It's Dirt Cheap [View article]
    Looks like it's tomorrow, April 29. Conflicting announcements.
    Apr 28, 2015. 05:10 PM | Likes Like |Link to Comment
  • Genworth: It's A Bit Ugly, But It's Dirt Cheap [View article]
    I'm guessing there is more bad news in today's quarterly report. Mgmt trying to clear the decks as in last two quarters. Might buy if there's a big dip, as I do think the company is undervalued.
    Apr 28, 2015. 03:59 PM | Likes Like |Link to Comment
  • Update: J.C. Penney Holiday Sales - Have You Learned Your Lesson? [View article]
    3.7% comps is just keeping up with GDP growth. Considering how far sales have fallen in the last 2-3 years, this is not a good number.
    Jan 13, 2015. 12:20 AM | 1 Like Like |Link to Comment
  • Bank Of America: Intrinsic Value Approaching $27 Per Share, 50%+ Upside Potential In 2015 [View article]
    None so far.... although it's held pretty steady during last week's rout.
    I was implying that I expect it.
    Dec 14, 2014. 02:51 PM | Likes Like |Link to Comment
  • J.C. Penney: A Falling Stock Price Doesn't Mean The Turnaround Is Failing [View article]
    They are out Christmas shopping.... perhaps at JCP!
    Dec 13, 2014. 09:19 PM | 5 Likes Like |Link to Comment
  • Bank Of America: Intrinsic Value Approaching $27 Per Share, 50%+ Upside Potential In 2015 [View article]
    Another key point..... regarding near term momentum only. BAC chose to add a $400M charge into Q3 earnings, taking the trouble to restate Q3 after reporting. This tells me they want to have Q4 neat and tidy so they can report a profit that more represents a 'go-forward' profitability rate for BAC. I am very long BAC and expect it to be $22 by mid-January.
    Dec 13, 2014. 08:47 PM | 1 Like Like |Link to Comment
  • UBS turns bullish on financial sector [View news story]
    BAC is a classic example of just having to be patient and waiting for an unloved stock to come in out of the long cold winter. It can go nowhere but up as net interest income for banks increases with interest rates rising. It has one of the biggest deposit bases in the world. Long BAC and patiently waiting... for both me and my 81 year old Mom.
    Dec 1, 2014. 11:36 PM | 2 Likes Like |Link to Comment
  • Let's talk $2 gas [View news story]
    Ummm.... yes, right before the wheels fell off the US economy in Sep '08. So I think you are both right. It is these crazy shocks to the economy that need to be avoided going forward. Less speculation, more steady as she goes.... everyone will do better, even the rich.
    Nov 29, 2014. 11:35 PM | 2 Likes Like |Link to Comment
  • Let's talk $2 gas [View news story]
    I think history has shown, not just in the US but everywhere, that in general infrastructure spending is a good thing. It is certainly more of a no-brainer than most other forms of government spending...... and that means everything from highways, trains, port enhancements, etc. to city mass transit and Internet speed improvements. The fact that the voice of the Republican right wing makes these sorts of projects seem completely unreasonable is a crying shame. It has shown how far we have fallen in national discourse. We used to invest in America. Now we just want to harvest it. Or rape and pillage it - more appropriate words for those with a stronger stomach.
    Nov 29, 2014. 10:53 PM | 5 Likes Like |Link to Comment
  • Bank Of America Has An Ace Up Its Sleeve [View article]
    This flat yield curve is for different reasons.... Strong dollar and US economy is driving foreign investment into US Treasuries. German government bonds are paying negative interest rates. No recession coming in US with 3.9% GDP growth in Q3. In short, the yield curve is flat because the rest of the world economies, not problems in US
    Nov 29, 2014. 05:35 PM | Likes Like |Link to Comment
  • Berkshire ups GM stake, exits Deere, buys into Express Scripts [View news story]
    I think GM's halo is in China, as well as the U.S. That may be what Warren is focused on. I got a ride in China in a Buick very similar to my Mom's. Except the interior felt somehow.... even cheaper. LOL. Seriously, I wouldn't invest in any of the auto stocks because they all, to varying degrees, have very substantial exposure to ongoing economic slowdowns across the globe. I'm investing in companies that only have an American footprint - I'm extremely bullish on the American recovery..... and Ford not GM is the one building great cars. But I still wouldn't touch Ford stock due to its exposure to EU markets and others that are simply... struggling. A car is still a massive investment for folks working outside of the U.S., with credit options that are far more limited and expensive, and that makes the industry vulnerable outside of the U.S. GM could have gotten rid of Opel (its European subsidiary) in the government bailout.... in retrospect I think that might have been a good thing.
    Nov 14, 2014. 10:24 PM | 1 Like Like |Link to Comment
  • Has Google Glass Shattered Already? [View article]
    Google Glass has begat only one thing.... glassholes.
    And last I heard, they were getting beat up at bars. LOL.
    It's a joke... stick a fork in it.... it's done.
    Nov 14, 2014. 10:14 PM | 3 Likes Like |Link to Comment
  • Bank Of America: A Stock For The Long Run [View article]
    There's been a slew of bad news since the big DoJ settlement... the fact that the stock has barely budged in the down direction is good news. My opinion is that retail holiday sales are going to be a blowout because the consumer is finally back and the wind is at their backs because of low oil prices. Add that to very good Q3 corp earnings, and look for BAC to end much higher by Dec 31 on this wave of good tidings. Not to mention the excitement of a Republican Congress in January. I think it will break $20 by year end. Maybe better.
    Nov 14, 2014. 09:12 PM | Likes Like |Link to Comment
  • Bank Of America: A Stock For The Long Run [View article]
    I respectfully disagree - it is the big banks that have, in addition to boring consumer and commercial banking, the opportunity to play in large investment banking deals, proprietary trading, sophisticated high net worth banking for the upper middle class and the wealthy, foreign exchange, lending to Fortune 500 companies and global conglomerates, etc. All they need regulation-wise are decent capital ratios. Going forward, they have huge profitability advantages over regionals and small banks - we will see this when interest rates start to rise.... and maybe much earlier as litigation issues are put behind them as outlined in this article. Long BAC.
    Nov 11, 2014. 03:39 PM | 4 Likes Like |Link to Comment
  • Update: Glu Mobile Q3 '14 Earnings [View article]
    Also, GLUU must be of interest as an acquisition target to the much bigger large cap players - EA, Activision, even Zynga with all that cash and a broken biz model. It wouldn't surprise me if one of these companies has investment banking people jawboning down the stock, or even shorting it at the trading desk. We all know these things can happen, with just a few private phone calls. When an inexplicable downdraft like this happens on a thinly traded stock (compared to large caps) there is often an explanation. We retail investors just never hear what it is. As GLUU is clearly hostile to a takeover, it might hit the press when it happens, in the not too distant future, and we could see a big spike. I know that the idea of GLUU being a takeover candidate has been floating around for years, but they are hitting their stride and this time it could happen.
    Nov 10, 2014. 11:31 PM | Likes Like |Link to Comment
COMMENTS STATS
159 Comments
170 Likes