lucky lenny

Total Rating:
+6 / -7

25 Comments

    • Wed Nov 19th 12:27 PM | Rating: +2 -1
      Commented on:
      eBay's Weakening Bid
      Bob, Google’s shopping site is good for a lot of things & I do use it. However, if i want to buy something fast - and it’s on ebay for about the same price as the myriad of hits that come up on Google’s shopping site - i’m just going to get it from ebay. This way they have my paypal & other info. I can check the seller’s rating. It’s less risky than going to a no-name site that’s linked to Google’s shopping. If Google shopping was superior to Ebay, Ebay’s sales & profits wouldn’t be going up every quarter.
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    • Wed Nov 19th 09:40 AM | Rating: +2 -3
      Commented on:
      eBay's Weakening Bid
      Why do Ebay's sellers seem so angry all the time? C'mon - if there was a better platform - combining exposure, ease of use, cost, etc... it would have materialized already. I never even heard of Biblio. Ebay isn't perfect. Ebay continues to rack up record sales & profits b/c the vast majority of people like Ebay a lot.
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    • Wed Nov 19th 06:24 AM | Rating: +2 -3
      Commented on:
      eBay's Weakening Bid
      Another worthless post bashing Ebay.

      Anyone with additional funds should be buying up EBAY at these levels. Even though EBAY’s growth has slowed, they’re still tremendously profitable; have tons of cash; doing stock buybacks; the paypal is really profitable; skype should become more profitable and keeps growing tremendously; etc... etc... Also, with Craigslist, you’re taking your chances that the seller is legite. You have no protections. So EBAY is really the best place in many respects. Stock closed @ $12.36
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    • Mon Oct 13th 06:51 AM | Rating: 0 0
      Commented on:
      An Ameritrade-E*Trade Merger? Not as Crazy as It Sounds
      $5 a share for e-trade? That's a joke of a price. E-trade much better off allowing it's profits to normalize & get closer to $20/share imho
      View article »
    • Wed Oct 8th 06:55 AM | Rating: 0 0
      Commented on:
      The $60 Trillion Nightmare of Credit Default Swaps
      Mr. Jefferson,

      - If AIG & others have that much insurance in force, wouldn't they have to disclose it in their annual financial statemetns? Not saying you're wrong; just questioning the basis & accuracy for the $60 trillion figure you're throwing out. Also, what exactly would trigger coverage? Whose bonds are being covered? If it's Exxon's - not a big risk. Without any details, not very helpful.
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    • Sun Sep 28th 05:47 AM | Rating: 0 0
      Commented on:
      What Have You Done, Jamie Dimon?
      I still don't understand why Wamu was seized by the FDIC. Wamu had tons of equity; was meeting customer withdrawals; & just rec'd a $7 bill cash infusion. Thanks.
      View article »
    • Sun Aug 17th 09:11 AM | Rating: 0 0
      Commented on:
      Exxon Mobil: Bull or Bear?
      Per last earnings release, Exxon is buying back about 100 mill shs per quarter. Given the tremendous drying up of shares outstanding; and the continued profits regardless which way the price of oil moves; I can't think of a safer long term, blue chip, stock to have in one's portfolio. XOM closed @ $77.07. Also, if u look in Exxon's annual report, you'll see 6.7 bill shs o/s on 12/31/03. Versus 5.6 bill shs o/s on 12/31/07. That's a 1.1 bill share reduction. During this timeframe, Exxon's profits and equities have swelled.

      Unfortunately, the biggest threat to Exxon's long-term survival is probably political risk. Namely, if Barack Hussein Obama wins, Exxon and others are in trouble. Barack Hussein Obama has said he is going to punish oil companies for high profits by over-taxing when he's elected President. If he does this, Exxon will produce less and profits will go down.
      View article »
    • Sun Aug 17th 08:49 AM | Rating: 0 0
      Commented on:
      Will the U.S. Mortgage Market Keep PMI Group Down?
      Mr. Lee,

      - PMI's in better shape than most people realize. At the current time, despite the worst of times, PMI is indeed cash flow positive. Per the press release, paid claims w/ at most be $975 bill for 2008. Per 1Q08 earnings release, annual revenues in 2008 will be approx $1.3 bill. Even throwing in some overhead, PMI is cash flow postive. Revenues come from very reliable sources; such as grade A bonds & in-force premiums. PMI closed at $4.27; just a fraction of its $20 or so book value.
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    • Sun Aug 17th 08:41 AM | Rating: 0 0
      Commented on:
      R.H. Donnelley: An Attractive Bet for High-Risk Investors- Barron's
      not to mention that anytime i need a plumber, CPA, lawyer, etc... i reach for the yellow pages - i think the yellow pages are still the most cost-effective form of advertising & aren't going away anytime soon - also - RHD's debt load has been coming down - though it's still very high
      View article »
    • Sun Aug 10th 18:14 PM | Rating: 0 0
      Commented on:
      Energy Stocks Are Too Cheap to Ignore - Barron's
      Eli, I've researched Exxon (XOM) & have to agree with your article - Exxon's valuation is compelling to say the least:

      - going thru Exxon-Mobil’s 2007 Annual Report:

      • From ’03 to ’07 - # of shs o/s diluted went down from 6.7 bill to 5.6 bill; net inc per diluted share rose from $3.23 to $7.28

      • Exxon makes money regardless of the price of oil. For instance, they sell lots of plastics & resins, if the price of oil falls, Exxon’s cost of goods sold goes down & their profit margins in these areas go up.

      • In summary, given Exxon’s tremendous earnings & reduced share count, it seems to many that the stock price can easily exceed $100 share. Especially since Exxon is buying back about 1.4 million shares of stock every day. XOM closed at $78.33.
      View article »
    • Fri Aug 8th 07:40 AM | Rating: 0 0
      Commented on:
      PMI Group Inc. Q2 2008 Earnings Call Transcript
      after reading the entire transcript, I continue to believe that PMI w/ eventually get back to extreme profitability
      View article »
    • Thu Aug 7th 07:06 AM | Rating: 0 0
      Commented on:
      Has Exxon Topped?
      going thru Exxon-Mobil’s 2007 Annual Report:

      • From ’03 to ’07 - # of shs o/s diluted went down from 6.7 bill to 5.6 bill; net inc per diluted share rose from $3.23 to $7.28

      • Exxon makes money regardless of the price of oil. For instance, they sell lots of plastics & resins, if the price of oil falls, Exxon’s cost of goods sold goes down & their profit margins in these areas go up.

      • In summary, given Exxon’s tremendous earnings & reduced share count, it seems to many that the stock price can easily exceed $100 share. Especially since Exxon is buying back about 1.4 million shares of stock every day. XOM closed at $78.33.
      View article »
    • Wed Aug 6th 06:48 AM | Rating: 0 0
      Commented on:
      WaMu Borrower Purposely Defaults, Gets Foreclosed On, Sues
      These stories of nuisance lawsuits really bother me. It is we, the public, that ends up paying for these lawsuits. Mainly the costs to run the courts go up; then the businesses being sued have to raise their prices to cover the costs of the lawsuits. Just another reason to stop liberals, such as Barack Hussein Obama, who allow this nonsense to go on.
      View article »
    • Mon Jul 28th 07:33 AM | Rating: 0 0
      Commented on:
      Predatory Banking Practices Undermining the U.S. Consumer
      Mr. Kee,

      - while you're at it, why don't u ask Congress to pass a law to clear checks in the most advantageous way for the customer? Maybe even requiring the banks to call the customers to see if they could add funds to thier a/c's? As u can see, anyone who thinks more regulation of banks is the way to go can't be serious.
      View article »
    • Mon Jul 28th 05:44 AM | Rating: 0 0
      Commented on:
      WaMu’s Cards: Restructuring Is About the Only One Left
      Mr. Kirchner,

      - Have u actually looked at WaMu's finl's? If so, you'll see WaMu has over $26 bill in equity. WaMu makes about $1 bill a quarter; or $4 bill a year in "normalized" earnings. They have customer deposits of $181.9 bill; much of in non-interest bearing checking accounts. My point is that you're only focused on historical loan losses; & totally neglecting the WaMu's profits to cover the losses. This is why TPG invested $7 bill in WaMu earlier in the year. I can't guarantee WaMu doesn't fold or have to raise more $$'s; just that there appears to be some huge positives in WaMu's business if u look beyond the loan writedowns.
      View article »
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