Tag: Stock Calls

Why I bought back into RDC ( UPDATED 3.15.2015 )

I'm going to keep this relatively short and sweet. Back in late December 2014 I bought ( RDC ) at a cost basis of ~$20 for the following reasons: * The bulk of RDC's most critical assets are contracted through 2015 and into 2016 * Strongest balance sheet (lowest debt leverage) compared to other offshore drillers in the industry * Management team considered best in industry * Long term buyers appeared to defend the $20 share price level * At ~$20 the price to book is an absurd 0.5! Simply

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Why I'm Bullish on Facebook (FB) Long Term

I am bullish on FB because I believe the firm's strategic vision is sound and recent moves have put FB in a position to build on and maintain a competitive advantage well into the future. There are 4 keys to my thesis: 1. FB is the current market leader in the social networking space 2. FB has just begun to monetize its user base and ad platform 3. Whatsapp's potential value is much greater than 19 billion paid 4. Mobile technology industry will continue to grow globally Facebook is the un

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My First Stock Call Part II

Atwood Oceanics stood out. Its market cap hovered around 2 billion with a P/E of 10. It was a smaller player in an industry of Oil drilling behemoths- RIG, DO and et al. The industry average Price to Earnings ratio at the time was almost 26x. I wondered; relative to industry P/E why was this firm so "cheap"? I began delving into the firm’s financial statements. I was looking for answers to key questions. What is ATW’s true business? How stable are the revenue streams and margins? What is ATW

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My First Stock Call

2010 - A year or so after my first "professional" foray into finance failed I had been upset, disillusioned and burned out. At the time I questioned my whole interest in capital markets. Was my B.S. in Economics (no pun intended) worth it? Why did I bother with such a specialized degree? I had grown up with a passionate interest in what I commonly refer to as the ‘greatest game on earth’. As a developing youth I had innumerable questions about the ‘game’-- how it was played, who were the player

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