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Mike Spelman

Mike Spelman
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  • Cliffs pops 5.5% at the open as Credit Suisse turns bullish [View news story]
    People forget that Cliffs is profitable in NA. Will be exciting/horrifying to see what comes out of that Q3
    Oct 22 01:58 PM | Likes Like |Link to Comment
  • U.S./European sales, iPhone ASP boosts Apple's FQ4 results [View news story]
    yes, its a real shame they haven't managed to sell any of their devices off planet Earth. Go back to sleep Samsung guy
    Oct 20 05:05 PM | 19 Likes Like |Link to Comment
  • Apple declares $0.47 dividend [View news story]
    They aren't going to raise the divy until june, or until Icahn dies and they don't have to deal with him anymore
    Oct 20 04:40 PM | 6 Likes Like |Link to Comment
  • The Good, The Bad And The Ugly Of Falling Oil Prices [View article]
    So the vast majority of countries that believe that America = Satan will crumble under lower oil prices?

    Doesn't sound very ugly to me
    Oct 15 09:16 AM | 6 Likes Like |Link to Comment
  • Global government bond yields plumb new lows [View news story]
    So I guess gov't bonds are Veblen goods.... who knew?
    Oct 9 08:24 AM | Likes Like |Link to Comment
  • GT Advanced files for Chapter 11 bankruptcy [View news story]
    me too. At least my total loss is less than 1% of my portfolio. Thank god for not getting too greedy on this one
    Oct 6 01:06 PM | 1 Like Like |Link to Comment
  • Are SCHD And NOBL Good Dividend Growth Investments? [View article]
    What? It's 7 basis points!!
    Oct 3 07:06 PM | 2 Likes Like |Link to Comment
  • Cliffs tumbles amid WSJ story, 2-notch downgrade [View news story]
    They haven't made very much money off of CLF as the common is their largest holding
    Oct 3 01:13 PM | 1 Like Like |Link to Comment
  • Cliffs' New Board Is Off To A Rough Start [View article]
    Well due to the recent price drop, Casablanca now only has about 1/3 of their assets in CLF
    Oct 1 06:29 PM | Likes Like |Link to Comment
  • Commission-slashing real estate site launches [View news story]
    The more money you give these guys, the more incentive they have to "disrupt" your line of work next.

    If Silicon Valley folks have their way, we'll all be uber drivers and amazon pickers making pennies on the dollar
    Sep 24 12:09 PM | 2 Likes Like |Link to Comment
  • The 401K Scam [View article]
    Agree with you, on the caveat that deriving significant continual income from a portfolio is much easier said than done.

    I like Deferred income annuities as a way to guarantee a minimum level of income, while a large part of the portfolio contains broad market ETFs
    Sep 17 11:11 PM | Likes Like |Link to Comment
  • Microsoft reportedly in $2B talks to buy Minecraft maker [View news story]
    Lol MSFT and acquisitions
    Sep 9 10:08 PM | 1 Like Like |Link to Comment
  • Stockpickers snubbed as money pours into Vanguard [View news story]
    Fair point on being more or less at the whim of the general public's inflows and outflows.
    Aug 21 10:00 PM | Likes Like |Link to Comment
  • Stockpickers snubbed as money pours into Vanguard [View news story]
    I don't know how you can go from saying its a scam (as in it's fraudulent) when the industry charges 1% to an anecdotal story about how you do the same thing (minus the fee of course).

    Not saying that actively managed investments are the way to go or that they are worth it, I just find the lack of cognitive dissonance amusing
    Aug 21 01:00 PM | Likes Like |Link to Comment
  • Stockpickers snubbed as money pours into Vanguard [View news story]
    Just so you know, you are on a site dedicated to active management...
    Aug 21 09:48 AM | Likes Like |Link to Comment
COMMENTS STATS
59 Comments
171 Likes