Recent Comments:
Top Fine Restaurants in Vancouver {Luxist}
Feb 21st 2010 10:05PM I really think the list is incomplete without Cioppino's. Is it fine dining? well.. not a true white table cloth service but chef Pino serves accessible good modern interpretations that are well executed. If you're including a Thai restaurant. Then Cioppino's in Yaletown should certainly deserve a mention.
Enterra Energy Trust has 18% yield - for how long? {BloggingStocks}
Jan 16th 2007 10:09PM Yes, many energy trusts are hitting high yields, such as Enterra Energy Trust and others like Advantage Energy have not escaped my radar. But I'm liking your articles, hoping that you'll go more into what makes a yield, a quality yield. What are we looking at? Interesting observation about accounts receivable vs. accounts payable, doesn't mean it negatively affects cashflow however, more so the turn-around. Some of these energy trusts are still not exceeding 100% payout ratio, while some are actually still hold a moderate payout ratio.
You don't have to be 007 to find the best picks for 2007! {BloggingStocks}
Dec 29th 2006 1:05AM From the comments, I still don't think they got what you were trying to say Sheldon! I'm also playing Duke.. but in a different way, not directly through the stock. =)
How mediocre is Microsoft (MSFT) stock? {BloggingStocks}
Aug 26th 2006 11:31AM Noitall,
Thanks for the welcome! I've added a link to Brian's BloggingStocks post (that you mentioned) to clarify where I'm finding these "speculating" comments.
My observation was that the majority of those comments didn't simply say "I will not sell" but they said "I will not sell for $xx.xx". Meaning they're more than happy to let it go if in the next few months, it reaches a level close to that. I often blog about how information in the media can be dangerous if misinterpreted. For somebody researching on whether to buy Microsoft, they may be emotionally swayed by such a statement thinking that there's a huge upside when nothing has been justified about it. The company may head higher, but if that hope is only based on a "gut feeling", then it's merely investing truthiness -- something I've blogged about.
In regards to "buy and hold", Microsoft isn't a big enough dividend player right now to reward me to wait out the tough times. But there's always a special dividend around the corner! And they definitely have the ability to raise that dividend. However, those statements are still speculation.
But what I really follow is the philosophy of "buy when it's right, sell when it's right". And it has a lot to do with the "value vs. price" relationship. I can buy or sell when the market is severely out-of-sync with the value of the company, too lowly or highly valuing it. For example, the gentleman whose MSFT cost basis was under $4 would have better off selling during the tech bubble than have his capital trapped waiting for it to rise back to those levels. What if I had that situation, and sold "when it's right" and put that money into an interest bearing CD? How far (and long) would it have to take MSFT to rise to reach break-even with that alternative?
It's easier for me to summarize a Motley Fool email I've read in the past.
- Hold when the price changes (and not value)
- Hold when temporary bad news comes
- Sell when the stock's way overvalued
- Sell when the business changes (for the worse)
- Sell when there's a better stock to buy
Hope that helps you understand where I stand on "buy and hold"
GOOG at $600 (good luck!) + eBay at, what? {BloggingStocks}
Aug 26th 2006 2:47AM Most investors trust "analysts" too much. Take a look at Piper Jaffray's own disclosure on their coverage of Google!
http://pjc.bluematrix.com/bluematrix/NewDisclosure?ticker=GOOG
"Disclosures: Piper Jaffray was making a market in the securities of Google Inc. at the time this research report was published. Piper Jaffray WILL BUY AND SELL Google Inc. securities on a principal basis. Piper Jaffray HAS RECEIVED COMPENSATION for investment banking services from or has had a client relationship with Google Inc. within the past 12 months. Within the past 3 years Piper Jaffray participated in a public offering of, or ACTED AS A DEALER MANAGER for, Google Inc. securities."
As a market maker for Google, why can't we see
what their real intention is when they shout out $600? Let's say I'm a Ford dealer, and if I say that the mustang is worth $100,000 sticker price, what am I trying to do? What if I'm a hollywood agent and I claim my superstar is worth more than Tom Cruise's former contract with Universal, what I am really trying to say?
How mediocre is Microsoft (MSFT) stock? {BloggingStocks}
Aug 25th 2006 7:31PM Thanks Sheldon, I hope to do my part in blogging and drawing out some good discussions like you did with the eBay stories.
Microsoft (MSFT): Nice company, mediocre investment {BloggingStocks}
Aug 23rd 2006 11:40PM Hey Sheldon,
Glad to see you picked up on my comment on Brian's
post where many people hyped up the stock past $30. I also see MSFT stock range bound, not exceeding $30 for the short to mid-term, at least the
market has weighed in with 4 previous years of sub-$30 valuation.
If you didn't pick up on that comment, are we starting to think alike? Is that possible?
Cheers!
Microsoft changing the $40 billion stock buyback offer {BloggingStocks}
Aug 21st 2006 11:34PM I just have a question for all these commenters. When was the last time the stock price broke $30? (split-adjusted of course) Just check the history ... we haven't seen those levels since '02. Now I'm all for saying that the market doesn't make sense in the short term, but that's 4 years of valuation by the market already.
I find it extremely funny that all these people are tauting figures over $30 with no real valuation explanations. Well, shoot for the sun, and while you're at it, get people hyped up too! At least when you land on the moon, you'll get out happy leaving the people that bought from you at $28, $29 in the dust.
I just detest random comments like these that serve no purpose but hype things up!
Google about to celebrate second public birthday {BloggingStocks}
Aug 17th 2006 7:18PM What grade is Google in? The answer's simple.. Just look at the statement!
"If Google were a PERSON, the company would have been close to finishing the first grade at the time of the IPO." Google privately incorporated in 1998 and IPO'd in 2004 (6 years old)
So now that Google is 8 years old.. as a PERSON... they would be just finishing third grade. =)
Wal-Mart vs. Dell -- which is the better investment? {BloggingStocks}
Aug 15th 2006 9:07PM Thanks for pointing out The Fool piece. Dell does look cheaper from the current valuation, but cheaper doesn't mean better and that's why I like the angle that was approached; analyzing the business operations.
A share buyback may seem logical now, and help Dell for the short-term but I'd like to see if they have better plans for that money seeing that their Capital Expenditure requirements are not threatend.
