February 2015 – The Insomniac Hedge Fund Guy

‘t know it

February 19, 2015 by Insomniac Hedge Fund Guy

Sonus Networks SONS sold of 11% yesterday on a rather benign earnings report. We have a large position in it and were very frustrated by the pin action considering the massive insider buying. The CEO has bought over $6 million worth of the stock at these prices or higher in the last 12 months. The behavior also puzzled some analysts as reported by the Fly on the Wall. 06:07 EDT SONS theflyonthewall.com: Sonus weakness a buying opportunity, says B. Riley B. Riley said Buy rated Sonus reported an in-line Q4 report and outlook and expects revenue growth to resume … Read more

Protected: 4th Quarter and Year End 2014 Partner Letter

February 18, 2015 by Insomniac Hedge Fund Guy

There is no excerpt because this is a protected post.

IEA says scope of US shale output fall to be limited – FT.com

February 10, 2015 by Insomniac Hedge Fund Guy

Jorge Montepeque, the global director of market reporting at Platts, echoed this sentiment at a London conference on Monday. The price at which US shale plays are profitable are a “moving target” as technological advances improve the longevity of wells and lower prices drive down costs. “The whole pricing structure is coming down . . .[there is a] need to have a rethink.” via IEA says scope of US shale output fall to be limited – FT.com.

Over the long run, big stock indexes finish up or down more than 1% on one-third of all trading days

February 10, 2015 by Insomniac Hedge Fund Guy

Over the long run, big stock indexes finish up or down more than 1% on one-third of all trading days. Last year, it happened on just 14%, and on fewer than 10% in 2013. Recent market swings are a sign that things are getting back to normal. via Oil’s Rebound Lifts U.S. Stocks, but More Obstacles Lurk — Abreast of the Market – WSJ.

Protected: Portfolio Holdings 2/9/15

February 9, 2015 by Insomniac Hedge Fund Guy

There is no excerpt because this is a protected post.

‘s Wholesale Trade Platform Partners With Lending Club to Finance U.S. Purchases

February 3, 2015 by Insomniac Hedge Fund Guy

*DJ Alibaba’s Wholesale Trade Platform Partners With Lending Club to Finance U.S. Purchases (MORE TO FOLLOW) Dow Jones Newswires 02-03-15 0000ET Copyright (c) 2015 Dow Jones & Company, Inc. *DJ Alibaba.com-Lending Club Tie-Up Lets U.S. Businesses Apply for $5,000-$300,000 Credit Lines (MORE TO FOLLOW) Dow Jones Newswires 02-03-15 0000ET Copyright (c) 2015 Dow Jones & Company, Inc. DJ Alibaba, Lending Club Join Forces to Finance U.S. Purchases By Gillian Wong BEIJING– Alibaba Group Holding Ltd.’s wholesale marketplace is joining with U.S. peer-to-peer online lending company Lending Club Corp. to provide sales financing to small U.S. businesses buying from Chinese suppliers. … Read more

Exxon eyes deals after oil price falls – FT.com

February 2, 2015 by Insomniac Hedge Fund Guy

Jeff Woodbury, Exxon’s vice-president of investor relations, said on a call with analysts that the group was “alert” to possible bolt-on acquisitions and other investments that could strengthen its long-term production potential. via Exxon eyes deals after oil price falls – FT.com.

Slump in Oil Prices Brings Pressure, and Investment Opportunity – NYTimes.com

February 2, 2015 by Insomniac Hedge Fund Guy

“The single best opportunity to invest is distressed debt in energy,” David M. Rubenstein, co-founder of the Carlyle Group, said in January at the World Economic Forum in Davos, Switzerland. Mr. Rubenstein added that one promising strategy might be to “buy the debt at a discount and take control of these companies.” The Blackstone Group and Apollo Global Management say that they are raising billions of dollars to invest in energy assets. via Slump in Oil Prices Brings Pressure, and Investment Opportunity – NYTimes.com.

U.S. consumer spending weakest since 2009, inflation muted

February 2, 2015 by Insomniac Hedge Fund Guy

REUTERS — 8:33 AM ET 02/02/15WASHINGTON, Feb 2 (Reuters) – U.S. consumer spending recorded its biggest decline since late 2009 in December, with households appearing to save the extra cash from cheaper gasoline, which could support future consumption.The Commerce Department said on Monday consumer spending dropped 0.3 percent after a downwardly revised 0.5 percent increase in November. It was the largest drop since September 2009.Economists polled by Reuters had forecast consumer spending, which accounts for more than two-thirds of U.S. economic activity, falling 0.2 percent in December after a previously reported 0.6 percent increase.When adjusted for inflation, consumer spending dipped 0.1 percent, … Read more