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Schwab US Small-Cap ETF Message Board

caponsacchi 8 posts  |  Last Activity: Feb 11, 2016 7:48 PM Member since: Apr 21, 2000
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  • Reply to

    Shareholders are getting short end of the stick

    by gman1976805 Feb 11, 2016 1:45 PM
    caponsacchi caponsacchi Feb 11, 2016 7:48 PM Flag

    Icahn didn't do all that well by Herbalife, and his buying up enough of Cheniere to be able to force out its CEO is promising to be a total backfire. I know that he's the first expert, even problem-solver, to spring to Trump's lips when the subject of the economy comes up, but it would take a name like Warren Buffett's to win my vote. S&P500 down (again) by 1.23%. Berskshiire-Hathaway was down 1.18%. Not a big difference, but this is a game of inches. High-rollers should be in Vegas--playing not with the shareholder's money but their own.

  • caponsacchi caponsacchi Feb 11, 2016 6:58 PM Flag

    Maybe the deg
    ree is from Parker Brothers (producers of "Monopoly"). There will be money as long as their are desperate hopefuls or new suckers willing to get in at an over lower price. It's a shame that the company would cost shareholders thousands to save a few pennies in taxes, but that injury now seems minor in comparison to the company's recent miscues and reversals.

  • The CEO boasted to Maria Bartiroma today that her company had enjoyed eight years of solid earnings--"proof" that Mylan wasn't deserting its shareholders by betting its present success against the future. Let's see, present success--for whom? I was one of those shareholders who started accumulating Mylan 8 years ago with "real" money. Then came 2015, which for Mylan shareholders was a time of sticker shock, thanks to the company's tax inversion. No change to the value of my holdings yet I was being taxed on all of my "invisible" gains. Soon the stock settled down and started climbing, as analysts began recommending it and the once-fleeced shareholder--perhaps thinking that the inversion was actually working--started chasing Mylan to a price-point that was 50% above the inversion price. False alarm. The shares tumbled back in breath-taking fashion to inversion price levels. And now at a time of extreme market volatility, when a whip-lashed,cash-strapped shareholder, can only hope for a CEO who has the shareholders' interests at heart (i.e. is careful to preserve capital), she blithely tells Maria "this is the time to buy." (How could she, of all people, know?) The market responded with a one-day 20% dive for the stock. The shareholder can only be sold out so many times before he's broke--and the company is broken.

    Sentiment: Sell

  • The genius of Steve Jobs was his vision and gift for communicating it--a perfect balance of substance and style. For Jobs' followers, Apple's purpose was not about making money: it was to improve lives through the competitive excellence of products made possible by a free enterprise system. But new management has exchanged the "vision thing" for drumming up subscriptions to its "me too" music rental plan. Tonight, folks at the televised Flint Town Hall Meeting seemed shocked at the cost of equipping 30,000 houses with lead-free water: 1.5 billion dollars. But what's that compared with the cost of a wall protecting our corroded values? Or Apple's forking over 3 billion for Beats Headphones and its trendy mascot? But imagine if Tim Cook had used half of his Beats money to buy lead-free plumbing for Flint: he could have restored priceless trust in Apple and the American "brand" that it once represented so well.

    Sentiment: Sell

  • Like many (most?) I picked up these largely "by accident" (I owned OKE) and have done very well by OGS while OKE has tanked. Why is this one immune to the energy glut while OKE appears to be doomed until the day ISIS can no longer support itself by selling cheap gas? (I've sold most of OKE until signs of upward action.)

    Sentiment: Hold

  • Reply to

    New High 10/5

    by nyjets_0001 Oct 5, 2015 5:28 PM
    caponsacchi caponsacchi Nov 19, 2015 8:00 PM Flag

    crocodile tears? These things happen all the time. Many savvy buyers pick up only the companies that stand the chance of a quick profit through a take-over. Much worse happened to a pharmaceutical company I own. I'd owned the stock for almost 10 years, and I woke up one morning several months ago to discover that all of my shares had been sold--saddling me with a big fat tax bill. What happened? The reckless, gun-slinging CEO (as I've found out only now) decided to locate her company off-shore to save a few cents in taxes. So she forced the company (and its shareholders) to endure a "tax inversion"--which is done by finding a suitor off shore who will give you the right to take up occupancy elsewhere under a new tax code. To make matters worse, all of the shares remained in my account and began to rise into triple figures (inducing me to buy more along the way). Then it reversed directions and abruptly plummeted to way below the price of the stock at the time of tax inversion. So I paid capital gains on a sale that involved no transaction or movement of shares. Then I paid again because of the steep losses on shares that tanked after the tax inversion sale.

    It's probably a good idea to follow Buffett and others (like Buffett) who condemn tax inversions as unpatriotic (besides benefiting only the corporate hierarchy). The CEOs who do them don't give a twopence for shareholders or the American people in general.

    The stock is probably a buy in here. The CEO keeps trying to grow by taking over bigger fish than her own company. She's due to get lucky. Another strategy is to buy one of her targets.

    Sentiment: Hold

  • Reply to

    why is the stock going down?

    by rbell4 Oct 28, 2015 1:10 PM
    caponsacchi caponsacchi Nov 18, 2015 4:58 PM Flag

    Sorry to hear that. It's up 1.3% today, but that's still below the averages on a blow-out up day. It's got a #1 rating from the big on-line broker. If you can accept the thesis that American consumers will tire of surfing the internet all day (9 hours per day for teens, accdg to a recent study), gardening and pet-owning make a lot of sense. The brands they make and distribute are very familiar, esp. to small critter owners. I simply hate to buy in at a high point for the stock (probably the reasons the buyers aren't more conspicuous), esp. when the PE is double Apple's. Still, this one seems like a safe and solid slow grower.

    Sentiment: Buy

  • Reply to

    lng=enron

    by maroon_rd Nov 14, 2015 1:46 PM
    caponsacchi caponsacchi Nov 17, 2015 4:45 PM Flag

    I'll grant that the stock may (or may not) be overvalued. But it's not a scam. I'd be willing to put in a stop-loss in the low 30s and hope that it doesn't dip below 30. Then when the turnaround begins, I'll proceed to reaccumlate. If you want to park your fortune in XOM, COP, OXY, or your bank's savings account, go ahead and do so. No one's stopping you--at least not on this board. What's your motive for hanging around and trying to taunt honest risk takers? Go out an invent a solar-powered car or do something useful with your sorry lives.

    Sentiment: Hold

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