Why are YOU here? Should I say this is a good stock when the opposite is OBVIOUSLY true? Do you think this is a good stock? FWIW I went long a couple of days ago, hoping for some kind of bounce with the market, but this stock is just horrible and I'm down about 22 cents. Not that I have to explain myself to some random self-appointed message board policeman. Good day to you.
Hold the stock, write calls about 6-8 weeks out -- roughly comprising 2 ex-divs -- preferably when there's a sharp upward movement, and you can effectively double that fat dividend. And then you don't care so much that the stock drops on a given day or trades sideways for a long time.
"did oracle transition most of its revenue to subscription model .. nope!"
ORCL gets most of its revenue from license fees, which are pretty much the same as subscriptions, except MUCH more profitable than SAAS. The day ORCL announces that they are going to completely transition to SAAS for applications is the day when they stop making real money in applications.
ADBE may be transitioning to a new revenue model, which is nice for them, but they are still not a growth company. All they've done is forced their existing, mature market customers to pay regularly for their software. Essentially, they've raised their prices. We won't know for a few years how that is going to work, but all they are doing is testing price elasticity. Nothing more. The adoption numbers on the newer service are very far from concluding anything, even though the stock price would indicate that it has.
Also, from what I can tell, this deal will create a very profitable AER that is undervalued at even the current post-pop AER price. I think there is still significant upside for that stock and therefore the value of this deal for AIG. This really is a great move and one of those rare times when shareholders of both companies benefit.
You are quite right. I was wondering why this stock was going up. The answer is that anything that can be labeled "cloud" will go up, regardless of earnings or even growth. It is crazy, idiotic logic, but that's what's happening. What irks me are the people who pretend this is sound fundamental logic. I'm thinking of opening a lemonade stand, calling it a "cloud" lemonade stand and then I'll wait for investors to throw money at me.
ADBE has been dubbed a "cloud" stock by the idiots who control such things. Just remember that the market can be irrational for a very very long time. Never mind that NO CLOUD COMPANIES MAKE MONEY. And never mind that ADBE's transition to the "cloud" is not really growth -- the only disruption that is taking place is against their own very mature market.
Rumor of a sale to AER. Both stocks popping. Not sure how AER can afford ILFC -- I guess they would join the consortium or lead a new one?
I think it all depends on whether or not Benmosche is wearing pants behind the desk when he talks to Maria Bartiromo about it.
Actually, it hasn't gotten above the level of the left shoulder, so the formation is still intact. But like I said, I think most of that stuff is bs. All that matters are trend lines, volatility and resistance. Right now, that 50dma is the issue.
Icahn bought between 18 and 19. He didn't buy at 12, he bought 2015 calls with a 12.30 strike. He also sold puts against that strike.
"Nice try but the FACTS are that the min does not cause inflation..."
Oh really? Where'd you hear that, some ideologue economist? Paul Krugman or some other hack? Anybody who knows even a tiny bit of basic economics knows that higher labor costs equal higher prices.
"If for years and years we have had no raise of the min wage while inflation increased every year how do you even think that the min wage will increase inflation?"
Did I say raises in min wage were the ONLY cause for inflation? No I did not, so why are you arguing with a straw man? This is the problem in this country. You cannot have a simple argument with someone like you because you distort the discussion in order to serve your purpose. What I said was that the primary cause for inflation was money printing (and the cheap money policy that's been going on for nearly 30 years) by the Fed, which becomes necessary because of government deficits AND massive trade deficits. The fed has been papering over these problems for DECADES with cheap money for the rich while taxing the poor with a high inflation rate. If you really want to solve a problem (instead of simply arguing with straw men to serve your party affiliation), you should get the fed to stop what it's been doing. QE is simply the process of taking money away from the poor and the middle class with their knowledge or even awareness and giving it to Wall Street.
Raising the minimum wage does nothing in real economic terms. It just causes inflation, which is essentially a regressive tax -- in other words, you will be hurting the people you are trying to help. If you really want to help the working poor, stop printing money. That would make food, fuel, and housing much more affordable. Their current wages would go much, much further.
Ok, once you get political on these boards, you can effectively declare the board dead because it will get taken over by the crazies, and there will no longer be any discussion about AIG. Yeah, Obamacare sucks, I buy insurance too, and my premium is going up as well (though not nearly 3x), so I don't disagree with you. But this is not the place.