Posted by: beautifool April 16, 2014
Seth Klarman Says Markets Are Too Bubbly
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From my limited knowledge -

1. Passing all the miners. I'd rather buy stocks of companies that sell equipment or services or whatever to the miners so that productivity increases. AYSI/HIIT and even TEXC comes to mind

2. FEYE - Not yet profitable. I don't look at unprofitable companies regardless of how much revenue they're growing.

3. DATA- Too expensive to give this company the value of 3 billion which only made 7 million for the whole year of 2013 according to their annual report. If they made 30 million that would be 10 P/E. At 7 million that is more than 40 P/E. Let it drop in the 20's and I'll think..I'll think because the company has been profitable but at this price...I won't touch it. I wonder who actually decided to pay $90 for it.

-----I re-read my post and just laughed ---P/E is not more than 40..but more than freaking 400...I like companies with P/E of less than 15 (Peter Lynch, Buffett, Klarman- they all did just that- most of the time). http://www.investopedia.com/terms/p/price-earningsratio.asp

We have been growing rapidly in recent periods. Our total revenues for the years ended December 31, 2013 , 2012 and 2011 were $232.4 million , $127.7 million and $62.4 million , respectively. We increased the total number of customer accounts that had purchased our products to approximately 17,000 as of December 31, 2013 from over 7,700 at December 31, 2011 . During this period, we significantly increased the size of our workforce, particularly in our sales and marketing and research and development ("R&D") organizations, expanded internationally, and invested in our operational infrastructure to support our growth. As a result of our significant investments in growth, our net income did not grow in a manner commensurate with our total revenues. Our net income for the years ended December 31, 2013 , 2012 and 2011 was $7.1 million , $1.4 million and $3.4 million , respectively.

4 - CERE - I like this one for what they do..However, let them be profitable first..and I won't mind paying $3 per share vs current price of 69 cents. Show me the profit and I'll buy your shares- is kind of my motto.

RIHT and FNJN - Since my mind is very limited on understanding things..I don't want to dig through what patent means what and how the lawyers are going to get the money. How the judge will decide. I think you have to go through all these to figure out.


Hope you don't mind my negative comments. All from my limited understanding of the market..and I can always be wrong..By the way..I sold all of my TEXC shares today..and I feel that I may have made a huge mistake..lol
Last edited: 16-Apr-14 08:00 PM
Last edited: 16-Apr-14 08:14 PM
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