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finetrader

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Posts posted by finetrader

  1. Good article (clear, simple to understand),

     

    I'm lazy, or too busy.. so if someone could help me.  How much will Dell earned on these 3 business (ES, services, and software segments) in 2013? This could help understand the risk involved in the scenario layed down in the artile for 2017.

     

    Also operating incone is not net profit as everyone knows.

  2. yeah same for me.

     

    For about two business days I had the cash and no position in CCRR in my IB account, and then they adjusted it. Did not lose much though, but not a good feeling at all.... Should have known better

  3. And concerning Fairfax, with all the respect that I have for management, for stock price to go up again, they will have to make some net investment gain. After about two years where they look quite a bit out of sync.

     

    And this leads me to this tought: have you remarked that it is usually a good time to invest with good asset managers after they look stupid?

    Bruce Berkowitz looked stupid at end of 2011, and it would have been a very good time to invest with him.

  4. Well it's been a profitable short. About 30% in a week! I shorted the stock at 6.00$ last week and bought 7.50$ calls for .05$ and sold 5$ put for .90$. Closed the position this morning. Still don't know if i have been lucky not to get the borrowed shares recalled, but it worked.

  5. If you do this, might not you be shorting shares that at that same moment are being validly tendered? 

     

    i don't know the rules about shorting a stock that is subject to a tender offer.. Would very much appreciate if someone could enlightened me on this.

     

    Is it that someone that is short have to pay the tender price? I very much doubt so. Or is it that no share would be available for short because they all would be tendered. Makes mo sense.

     

     

  6. CCRT has done a similar tender offer in 2011, and another time before. Look at the chart around May 2011, and you will see that the stock has fallen sharply soon after the tender offer expired. Also, insiders are participating in the offer. The performance of the company is horrible, and I suspect that these offers are just a way for big shareholders to get rid of their shares at a good price before it is too late.

     

    Maybe the way to play it is to short the stock just before the tender offer expire.

     

  7. Wifi signal deteroriate very fast when you are like 20-30 feet away from the source. I cannot imagine a system where you would get reliable wifi everywhere in a city and pay for it. And if you are to bring fiber to the home then it is big investment for a new telco to do. The Bells of this world are doing it but it costing them big bucks and are using existant cash flow and debt to do it. And then again i cannot imagine a new telco coming in and building all this infrastructure for scratch in every city of North America

  8. Hoping for no dividends ever.  Better to just use that cash to buy shares that I can in turn sell and come out way ahead by not paying taxes on my cost basis

     

    Yeah but sometimes  paying a dividend change the investor's attitute and inspire confidence on a stock and this one can soon start to rise and then you can harvest capital gain. Specialy on a hated stock like BAC.

  9. I think we live in a more volatile financial world because of:

     

    1- 0 interest rate

    2- high level of debt worldwide causing high leverage

    3- astonishing high level of derivative resulting in even higher leverage

     

    So in this environment , you can expect more volatility, and shorter time frame between big drops in markets. So i think it make sense to cash in after big ups and deploy money after big drops.

     

    My 2 cents! Not that i'm real good at this game

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