If I only made ten bucks every time I sold an issue I'd have a huge frownie face & no retirement income.
I'll sit tight for 7 to 10 years per issue & enhance my returns by at least 1% to 2% over the looooooong haul!
I've noticed over the years that aanalysts can upgrade or results can improve & yet market $ can either inflate or deflate on the news.
Vice versa on downgrades & reduced earns reports...
Recently; the venerable Mr B made an interesting observation.
If your next door neighbor were to appear at your doorstep each AM & make you an offer for your home or tell you how much he'd like to sell you his home for; you'd likely pay him no mind.
If he were to continue doing this day after day; bidding & asking wildly different values on each occassion, you would eventually find his insanity to be to your benefit at which time you would buy his home and/or sell him yours.
Mr Market is a nut & should only be paid any attention when his offers suit your own fundamental analysis!
Sell side analysts should be frustrated.
Imagine having to flip & flop around all the time so brokers can churn for commissions.
Most of them really want to be buy side analysts when they grow up!
Nyuk, nyuk, nyuk...
What other firms do you follow/comment on Yahoo Finance forums?
Seriously; I've tried to find you & other users comments on other forums but when i click on a username all it shows is CEMI posts.
I may be naive but isn't global their bread & butter now & into the next decade?
WHO initiatives & NGO's & expanding offerings to include more diagnostics.
OTC sales in the US (every time I step into a WalMart, CVS or WalGreens I look for diagnostic kits & they are frequently covered in dust...)
Great things don't happen overnight & I see the partnership in Indonesia as a plus!
RTC; I don't return to the US until 20 March & can't cop the conf call online (slow inet here.)
Who do u work for (buy side or sell side..?)
Right said; unfortunately my OCD demands that I continue reading them.
I've successfully put tons of users on ignore at the GLW forum but my OCD was overpowered by wacky political invaders who weren't even talking about the company.
I wish these guys wouldinject a bit of rightie/leftie extremist content into their post so I could defeat my compulsions & put them on IGNORE here...
Market go uppy & downie all time...
Pay attention to short term & lose sight of long term total return!
Someone PLEEEEEEZE short this hard!!!
I want to buy more sub $62 because I LOVE this company...
Management pays themselves entirely too well to be even remotely interested in a negotiated purchase of GLW (also they have very little skin in the game - nee ownership) however if you saw them actually purchasing shares (not just the CFO buying back T-shares) then you could postulate on a buyout in the works...
Get real; Apple does tuck ins only.
They just committed to capex for the GTAT plant in AZ.
Nobody is going to buy Corning in its entirety (then again there are a lot of foolish deals done e.g.: FacePunk & WhatsApp ($19B puhleeeze...) hey maybe FacePunk will buy Corning?!?
Oops meant to say "capex" but auto correct changed it to "capes" & we all know that only superheroes & drag qu88ns wear capes...
The important takeaways from this release are:
1. Expect restructuring charges in the next quarter for the Japanese plant closure.
2. Expect a charge on FCF for capes involving the new facility in Korea
3. Expect ??? with regards to revs & margins due to client contracts obtained
I'll wait for the next conference call & compare the results to the rosy statements in this release...
Analysts only differ from women of ill repute in that the women give you something in return for your $$$
Noise is the common denominator of both.
Do your DD & draw your own conclusions.
Price targets Baaahhhhhh...
(Don't be a sheep)
I see a breakup & some attractive pricing on esoteric financial instruments which get dumped by confused recipients...
(fingers crossed for a huge value play?!?)
If you're talking about baseball cards then trading can be enjoyable.
If your talking about equities then trading is a losing proposition.
Frictional costs of short term cap gains & commissions eat away at gains.
Add to that the loss of gains from compounding & over time you are 1% to 2% poorer per year with a traders mentality than you'd be if you buy & hold firms with sustainable competitive advantages (doesn't sound like much but over the long term that 1% to 2% makes a dramatic difference.)
Most people call themselves investors & yet they'll do more research on the purchase of a $50 toaster than they'll do on a $50000 investment (insane!)
I recommend reading the following & sitting on your cash until you've finished each book:
Philip Fisher - Common Stocks & Uncommon Profits
(Written in prehistoric times but chock full of wisdom)
Pat Dorsey - 5 Rules for Successful Stock Investing
(How to identify sustainable competitive advantages in companies & why some industries are more conducive to possessing these advantages)
Seth Klarman - Margin of Safety
(Out of print but you can Google it & find a free PDF for download)
There are many others of course but I found these to be transformative in how I thought about investing for the long term.
These 3 books will take you less than a month to read (take notes & write summaries to really lodge the nuggets in your brain) & they will improve your results dramatically!
Many of mankind's failures are due to his inability to sit quietly in an empty room...
(studying companies instead of trading them like baseball cards)
(find the ones you love & own them for extended periods)
In/Out In/Out In/Out
You are a fickle one...
I wouldn't own it for 10 minutes if I wouldn't own it for 10 years (that either makes sense to a person or it doesn't.)
Stop paying frictional costs of day trading & become an investor; not a speculator.
I get the impression you're being sarcastic in which case I agree (chickens are flying the coop & there's no weasles in sight.)
I have no stake in KO but if it would take dive I would buy in.
It would have to be a significant dive as I don't much care for their investment in GMCR.
However; if I was already long I wouldn't be in panic mode.
As someone who's still on the sidelines I do have a question.
Why didn't they just secure a licensing agreement like everyone else?
GMCR would have kissed the entire BOD's feet to license Coke products on a new fizzy platform!
KO didn't need to lay out any cash as the brunt of capex to ramp up production of new SODA competitive hardware would have been born by offshore manufacturers (GMCR contracts fab of machines...)
I bought GMCR sub $19 (caught the falling knife) & sold $60 strike calls which got assigned after ex Coke exec became CEO.)
Coke is over paying for access to a market they could have gotten for free...
I'm still interested but would like a larger MOS due to capital allocation decisions & uncertainty surrounding fizzy bev unit volumes.