Xerox yet again

awallejr — Tue, 18 Jun 2013 18:49:01 GMT

I've been suggesting this stock for awhile now, and I own it real life. I just wanted to share an interesting interview with Xerox's CTO. You don't have to watch the whole thing but fast forward at least to the end where the CTO actually displays something Xerox developed: chiplets. These enable you to actually use them in 3D printing, enabling printing of circuitry.

1937 Redux?

awallejr — Tue, 18 Jun 2013 01:35:32 GMT

Well in 1937 the Fed and Congress thought it a good idea to turn hawkish and reign in things. The end result was to create a recession in a depression. Bernanke, being a student of the Depression years understands the ramifications. The media, however, lacks any real news so they need to use "to taper or not to taper" as an explanation for momentary stock movements. Basically the market is doing what I had hoped...

ATPG a Heist in Progress?

awallejr — Sun, 09 Jun 2013 16:04:55 GMT

This stock has had more ups and downs than any I have followed since the crash. At one time I and others advised people to buy the stock. Then the BP oil spill happened and all bets were off. Then things seemed to improve (tho in hindsight it was more delusional emotion). I made the mistake to get back "on board" to my loss. Ah well I learned a few lessons. I've learned the value of free cash flow wh...

Listen to Yellin

awallejr — Fri, 31 May 2013 23:20:15 GMT

Ok I am making a new FED prediction. If Bernanke decides to retire I submit that the next head of the FED will be Janet Yellin. I submit 2 reasons why this will happen. First, it is about time a female is appointed to this post. And second, she is a dove, which President Obama would want.

Why Won't the Pundits Take Bernanke at His Word?

awallejr — Wed, 22 May 2013 19:34:31 GMT

Ever since 2009 pundits have gotten Uncle Ben wrong. Not because of what Bernanke says but by what the pundits think he really means. He said he was going to keep interest rates low for an EXTENDED period of time. I kept arguing here that meant many years because it would take as much to run through the housing foreclosures.

But the pundits kept arguing on a daily basis that it meant 4 months...

Sell in May?

awallejr — Tue, 30 Apr 2013 10:36:56 GMT

Worked 4 out of the last 5 years. I did try to get a "buy in May and stay I say" chant going last year, but it didn't take, although in hindsight it was the right thing to do. Personally I am hoping more for a sideways moving market to consolidate gains and let earnings catch up. I suspect any dips will be bought up by those on the sidelines dying to get in.

Nice Earnings for PVR

awallejr — Thu, 25 Apr 2013 16:26:03 GMT

I have been advising PVR since 2008 (along with many other MLPs and BDCs). But I always dreaded earnings day for them. They always just seemed to miss, but its yield always kept me in the company.

When they made a major gas gathering acquisition last year I saw that as a great move since they were expanding in a "growth" area and relying less on coal. Last couple days I saw it dropping an...

Finally someone with guts to go after Corzine

awallejr — Tue, 23 Apr 2013 14:32:24 GMT

I have blogged many times and even gotten into heated arguments with others about the culpability of Jon Corzine. I also charged that he was getting a free pass just because of who he was. The SEC, the CFTC, the US AG all leaving him alone. Finally the trustee for MF's BK is showing the guts to hold Corzine accountable.

NEW YORK (AP) — The trustee in the MF G...

Other's Feelings?

awallejr — Fri, 19 Apr 2013 21:41:46 GMT

Since this was the topic of a TMF Post of the Day here: http://caps.fool.com/Blogs/boston-thoughts/817985, I am curious of other's feelings regarding the capture of Tsarnaev. Personally I thought it was important to capture him alive, mainly because there is then a chance to actually find out what the whole reason was for the bombings. If I ...

Finally Love for Xerox?

awallejr — Thu, 11 Apr 2013 21:20:14 GMT

I have been accumulating shares of Xerox for awhile, as well as selling puts. My thesis is best stated in this thread:
http://caps.fool.com/Blogs/xerox-is-not-going-bankrupt/750222
For awhile I kept bleeding red but am now firmly green. But what caught my eye...

If you Read it Please Rec it

awallejr — Wed, 10 Apr 2013 01:30:50 GMT

I have been blogging here since 2008. Back then there was active blogging. Many blogs would get double digit recs easy. Lately most blogs are lucky to get 2-3 recs. I don't care if you agree with me. I do care if people are at least reading what is being written. I have read some really really good blogs only to see 2 recs.
So here is the challenge, if you read the thread just re...

North carolina to tax parents if kids vote democrat?

awallejr — Fri, 05 Apr 2013 00:39:01 GMT

At the moment North Carolina is straight Republican. However they don't forget how President Obama won that state by the slimmest of margins in 2008 and it was the result of the "youth" vote. Now to prevent that happening again there is a bill in a Republican controlled Congress to actually tax the parents of kids who vote from their college address.
First, and the obvious, is Republicans...

What stage are we in for a BULL market?

awallejr — Wed, 03 Apr 2013 01:23:38 GMT

Basic rule of thumb is a bull market has three legs. The first leg, just throw darts at a chart and anything goes up (2009-2010). 2nd leg there are plenty quality picks just need to do some research (2011-2012). Third leg, it takes a lot of digging to find those quality stocks. Are we at that third leg?
Personally I think we have a couple more years, more because of Bernanke than the &...

AAPL needs to do a stock split

awallejr — Tue, 02 Apr 2013 18:27:07 GMT

I submit AAPL just needs to do a 10 for 1 stock split. It is time to put it in reach of the average retail investor and small trader range. One of the things to be able to do is to "trade" around one's holdings with options. The problem is 1 contract equals 100 shares, and at $430 a share that keeps many people away. Can't sell covered calls nor sell puts. But you do a 10 -1 split I think you will actually...

Thumbs up on the Stock Quote makeover

awallejr — Sat, 16 Mar 2013 11:40:35 GMT

I haven't seen anyone else mention this but I like the makeover for the individual stock quote page. The thumbs up/thumbs down sliding clicker is a little annoying tho (my only knock).

Fiscal Question Redux

awallejr — Mon, 11 Mar 2013 12:22:53 GMT

Last month I wrote a blog regarding any exit strategy by Fed from its buying spree here:
http://caps.fool.com/Blogs/a-simple-fiscal-question/794874
My main argument was that the Fed doesn't really need to do anything since all these assets are self amortizing. It migh...

US to China "get that loon in North Korea in check already"

awallejr — Thu, 07 Mar 2013 22:41:59 GMT

This latest threat from the pathetic son of a pathetic dictator threatening to launch nuclear weapons pre-emptively at the US needs to be crushed and crushed hard. As an aside Rodman shut up. You want to hug a loon who wants to hit the US with nukes makes you more pathetic than all the body damage you did to yourself.
But the President needs to take a strong stance here. North Korea actually ...

A Blackstone option play

awallejr — Mon, 04 Mar 2013 19:55:46 GMT

One thing I love doing is selling puts on companies I already own or want to own but at a discount. Personally I sold January 2015 $17 puts on BX and received an average premium of around $3. Last one traded at $2.95 (which was me adding to my position). Well worse case BX goes bankrupt and I ride the loss all the way down. First BX is solid financially and 2nd I would close the position if I ever sensed BK.
I hope I watched the last Larry Kudlow show during my life. I tended to watch it more out of killing time before the Big Bang Theory shows came on but after tonight I will never watch his show again. What ticked me off? The fact that the man and his guests literally wished death on Hugo Chavez. Now I will be blunt and say I am no fan of the Chavez. But I don't wish death on him.
People will talk Italian elections of all things caused T to go down. You will hear tons of other reasons but in the end hopefully this is nothing more than the much needed correction this market needed. I kept calling for a 5-7% one so we shall see. In the long run we still have Uncle Ben.

awallejr's Blog

Xerox yet again

1937 Redux?

ATPG a Heist in Progress?

Listen to Yellin

Why Won't the Pundits Take Bernanke at His Word?

Sell in May?

Nice Earnings for PVR

Finally someone with guts to go after Corzine

Other's Feelings?

Finally Love for Xerox?

If you Read it Please Rec it

North carolina to tax parents if kids vote democrat?

What stage are we in for a BULL market?

AAPL needs to do a stock split

Thumbs up on the Stock Quote makeover

Fiscal Question Redux

US to China "get that loon in North Korea in check already"

A Blackstone option play