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Fusion-io, Inc. Message Board

maljam2000 8 posts  |  Last Activity: Jul 22, 2014 3:59 PM Member since: Aug 7, 2006
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  • Reply to

    Insider Buying at Gevo - Before Earnings Report

    by vman99xx Jul 22, 2014 8:41 AM
    maljam2000 maljam2000 Jul 22, 2014 3:59 PM Flag

    Thanks I saw it on Fidelity.....Very interesting..

  • Reply to

    Insider Buying at Gevo - Before Earnings Report

    by vman99xx Jul 22, 2014 8:41 AM
    maljam2000 maljam2000 Jul 22, 2014 9:34 AM Flag

    Where do you see insider buying? All I se is planned sales.

  • How a Fidelity Manager Invests in the Future
    Gavin Baker, who runs the Fidelity OTC Portfolio, invests in companies making the future, with a big technology weighting. EmailPrint1CommentsOrder ReprintsFacebook
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    By Simon Constable July 19, 2014 3:32 a.m. ETSome people grow up wanting to be stockpickers. Not so Gavin Baker, manager of the $11 billion Fidelity OTC Portfolio fund.

    His work at Fidelity, his home since 1999, is a far cry from Baker's original aspirations. He'd envisioned working the winter ski business and spending the off-season rock-climbing and selling photographs. But then dad intervened. According to Baker, his father said, "Since we've paid your way through college, please take one professional internship of any kind."

    So Baker interned at Donaldson, Lufkin & Jenrette, and later switched majors from English and history to economics and history. After graduation, he joined Fidelity, where he has been ever since. He began managing Fidelity OTC (ticker: FOCPX) in 1999.

    Enlarge Image Close
    Baker's technology picks range from turnarounds like Groupon to established players like Amazon and Microsoft. Photo: Shawn Henry
    His fund, he says, is about investing in the companies making the future—in other words, it has a heavy weighting in technology and other innovative companies. Although the fund is categorized as large-company growth, 52% of its holdings are technology stocks, with health care making up another 21% and consumer discretionary 16%. Baker's focus is on themes he expects "will last 10 years or longer." These include cloud computing, e-commerce, personalized medicine, Internet advertising, data analysis, and mobility.

    He then zeroes in on companies that can keep their competitive advantage. These often have a market position that holds new competitors at bay, such as huge economies of scale. Baker also looks favorably on companies whose founders still run the firm, or who own a lot of stock. Such people tend to invest with long-term returns in mind, he says.

    After that, the decision is what to buy and at what price. Upward of 95% of Baker's time is focused on fundamental research on the industry, the company, and future earnings. Valuation and price momentum serve a "confirmatory" or supportive role, he says.

    He's confident in his six themes, but acknowledges that some of the companies that best represent those ideas have significant risk. For instance, turnaround stories such as marketing Website Groupon GRPN -0.08% Groupon Inc. U.S.: Nasdaq $6.29 -0.01 -0.08% July 21, 2014 1:55 pm Volume (Delayed 15m) : 6.35M P/E Ratio N/A Market Cap $4.29 Billion Dividend Yield N/A Rev. per Employee $811,984 07/16/14 Israeli Payments Startup Zooz ... 07/06/14 HEARD ON THE STREET: RetailMeN... 06/24/14 Boss Talk: Building Zulily Int... More quote details and news » GRPN in Your Value Your Change Short position (GRPN). The stock makes up 2.8% of the fund, and Baker shrugs off the firm's past bungles as the result of growing pains: "Yes, there are many examples of people having bad experiences, but you should be careful about investing by anecdote."

    Baker expects Groupon to bring the power of the Internet to local businesses and replacing the Yellow Pages. "It's a powerful tool for merchants to obtain new customers," he says. In other words, small businesses need Groupon to help increase revenue.

  • Damm glad I didnt sell half of my shares on Monday like I wanted to do in order to take some of my profits!!!! 25K shares Long and Strong. Only hope we don't get brought out.......

    Sentiment: Strong Buy

  • Reply to

    20 Reasons

    by singingsoprano81 May 29, 2014 10:41 AM
    maljam2000 maljam2000 May 29, 2014 11:15 AM Flag

    You have sold me. I will increase my shares to 100K from 55K as long as it stays under a dollar. I am in for the long haul. The shorts and MM are curently playing games selling to each other but that too shall end. Looking forward to a great retirement in 5 years!!!!

    Sentiment: Strong Buy

  • maljam2000 maljam2000 May 16, 2014 11:19 AM Flag

    Im sure you posting on this board to save us! Go away you silly person!!

  • maljam2000 by maljam2000 May 14, 2014 4:56 PM Flag

    Great call. Newson partnerships coming soon. Fellow Longs relax sit back and enjoy the ride... Long term

  • Reply to

    Gevo Might Not Achieve Profitability

    by torvaldo Apr 24, 2014 10:56 AM
    maljam2000 maljam2000 Apr 24, 2014 11:23 AM Flag

    So how bad is the Pain been for you? You better sell your short postion..

FIO
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