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johnybutts

johnybutts
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  • Walgreen (WAG) introduces a new program that will allow customers to print photos directly from their iPhone and Android devices at Walgreens stores. The company says it will provide an open software platform that will allow third-party developers to write apps for the in-store photo service. [View news story]
    This is actually a great idea.
    Jul 10, 2012. 08:50 AM | 1 Like Like |Link to Comment
  • A Facebook (FB) phone will arrive next year, multiple sources tell the NYT's Nick Bilton - a prior report suggested a Q3 launch. It's added Facebook has hired Apple engineers with iPhone experience, and is exploring multiple smartphone projects. The news comes as Facebook comes under pressure to improve mobile monetization, and rolls out a PC/mobile app store and an HTML5 app development platform. Facebook is also rumored to be interested in browser maker Opera.  [View news story]
    Lets be honest, they can do it quite easily just by adding ads. A major selling point for users of Facebook is that the experience is clean, which pop up ads, sound ads, movie ads, etc... FB engineering has revolved around creating a sticky powerful experience for both users and developers. At some point they will move to focus on ad revenue.

    You also must understand that FB simply doesn't need that money right now. They can raise $12B with an IPO, why would they rush to earn another $million in ad revenue each quarter?
    May 27, 2012. 07:13 PM | Likes Like |Link to Comment
  • "Where will the next $400B in market cap come from," asks Gene Munster to himself as his $1K price target call on Apple (AAPL) by 2014 implies a $1T valuation. Half will come out of the hides of the firm's "most relevant" competitors as Apple takes market share and the other half from increased investment in tech companies, of which Apple should continue to get a sizable chunk. Shares +1.3% premarket.  [View news story]
    Revolutionary analsysis here...
    Apr 3, 2012. 08:53 AM | Likes Like |Link to Comment
  • 2 Profitable, Dirt Cheap Gold Miners To Consider [View article]
    Good article. The deal with primero is primarily two things:
    1) silver streaming tax. Slw has the first 4 million oz at $4 and half thereafter each year. This wouldn't be a huge drawback except they are paying Mexico taxes at spot prices. They have applied for changes in the tax provision which should be decided on this year.
    2) gold grades. the San Dimas mine has been suffering from unpredictable grade estimations. This makes mine planning difficult and makes it difficult to project future production. Recently management decided to refresh its mine model. And if I remember correctly it is complete.

    Read the last two press releases on their site. It details the problems they've faced and what they're doing about it in more detail than I can describe. I must say that I'm totally impressed with the management. Everything I see points to exceptional long term planning.
    Mar 30, 2012. 04:00 PM | 4 Likes Like |Link to Comment
  • Silver Wheaton Corporation: Price Target Remains At $100.00 [View article]
    Bob, What's your take on the streaming co's not following miners today? I'm pretty new, but it looked systematic. Is that indicative of anything besides a good deal?
    Mar 9, 2012. 05:34 PM | Likes Like |Link to Comment
  • Silver Wheaton Corporation: Price Target Remains At $100.00 [View article]
    Thank you Bob.
    Mar 9, 2012. 11:39 AM | Likes Like |Link to Comment
  • Western intelligence agencies detected two nuclear weapons tests in North Korea during 2010; one or both of them may have been conducted for Iran, Welt Online says. The news may refute recent reports that the U.S. has no hard evidence of Iranian efforts to build a bomb.  [View news story]
    Problem: UN can't find evidence of nukes in Iran.

    Solution: Leak a memo saying that North Korea made nukes for Iran. Who can argue the contrary?
    Mar 4, 2012. 06:17 PM | 5 Likes Like |Link to Comment
  • Although it's not an ETF fund an investor can buy quite yet, a mock "fat guy" fund of companies selling beer, pizza, burritos, and chicken wings is racking up an impressive 6-month return. Holdings: DPZ +38.4%, CMG +30.2%, BWLD +45.8%, FMX +14.2%. [View news story]
    Mercy: except that each burrito has approx. 1400 calories...
    Feb 28, 2012. 10:35 AM | 1 Like Like |Link to Comment
  • Gentex (GNTX) +5.9% premarket on a NYT report the U.S. government will announce that all passenger vehicles must include rearview cameras by 2014. Government statistics say 228 people, many of them children, die every year and ~17K are injured in backover accidents involving passenger vehicles. GNTX markets displays used in conjunction with rearview cameras in autos.  [View news story]
    Let's be realistic... anyone and their mom could put together a camera + LCD system for this purpose...
    Feb 28, 2012. 09:29 AM | Likes Like |Link to Comment
  • S&P cuts Greece's credit rating to SD - Selective Default - from  CC following the country's insertion of retroactive collective action clauses into its debt. "The effect of a CAC is to bind all bondholders of a particular series to amended bond payment terms ... (it) materially changes the original terms of the affected debt."  [View news story]
    Are CDS triggered?
    Feb 27, 2012. 04:40 PM | 4 Likes Like |Link to Comment
  • "The only thing that matters is the price of gas in California and New York," writes Bruce Krasting, and it's blowing out thanks to dependence on Louisiana crude (which tracks the world benchmark). Forget $4, $5 gas may be coming in states that have the majority of cars (and GDP).  [View news story]
    I think the word you're looking for is "weighted average"
    Feb 26, 2012. 10:12 AM | Likes Like |Link to Comment
  • G-20 officials discussed the threat to the global economy from rising oil prices, sources say, but the U.S. did not openly call for a release of countries' strategic oil reserves. On Friday, Geithner said the U.S. is considering a strategic reserves release as tensions with Iran push up oil prices.  [View news story]
    Because our politicians are short-sighted. Remember last year when we released SOR? Price dropped from 105 to 85 overnight. Six months later where was it? Back up to 100. So the U.S. is buying oil at $100 to fill up the tanks sold at $85....

    Beautiful investment and an amazing structural, long-term change to the price of oil worldwide. Pat yourself on the back President Obama.
    Feb 26, 2012. 10:09 AM | 7 Likes Like |Link to Comment
  • "We should wish for IBM's stock to languish throughout the (next) 5 years," writes Warren Buffett (BRK.A), explaining in one sentence a key to his market success. While most take comfort seeing stock prices advance, net buyers (either direct purchases or through ownership of firms buying back stock) benefit when prices swoon. Would a commuter rejoice after the price of gas increases just because his tank is full? (2011 annual shareholder letter)  [View news story]
    Titanos: it's not.
    Feb 25, 2012. 10:51 AM | Likes Like |Link to Comment
  • More on Apple's (AAPL) FQ1: 37.04M iPhones shipped vs. 30.2M consensus and 34M whisper number. 15.4M iPads vs. 13.2M consensus. 5.2M Macs vs. 5M consensus. 15.4M iPods vs. 15.5M consensus. Company guides for FQ2 revenue of $32.5B ($32B consensus) and EPS of $8.50 ($8.03 consensus), Apple to resume trading at 4:50 P.M. ET. (PR)  [View news story]
    They are far ahead of the U.S. - since we're broke.
    Jan 24, 2012. 04:44 PM | Likes Like |Link to Comment
  • Yamana Gold: A Miner That Stands Out [View article]
    Perform well and eventually they will be forced to care.
    Jan 16, 2012. 11:42 AM | 1 Like Like |Link to Comment
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