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$HPNN: Hop-on Staffs New Office in Shenzhen, China
Date : 06/18/2014 @ 12:15PM
Source : Marketwired
Stock : Hop-on, Inc. (PC) (HPNN)
Providing Support to Local Chinese OEMs for Products Under IPR Contracts
TEMECULA, CA and SHENZHEN, CHINA--(Marketwired - Jun 18, 2014) - Hop-on, Inc. (OTC Pink: HPNN) (PINKSHEETS: HPNN) a global electronics OEM, is pleased to announce today that a new office has been opened in Shenzhen, China with support staff in response to the overwhelming business opportunities for products being produced and shipped to US and European markets under Hop-on's intellectual property rights.
Local support is being provided to the Chinese OEMs to handle distribution of some or all of the units sold through Hop-on. Royalties will be paid per unit sold in the U.S. and Europe to Microsoft and other IPR holders where appropriate.
Peter Michaels, CEO of Hop-on, stated, "There are billions of dollars of unlicensed telecommunications, computing, and smart devices being sold every month in the US and Europe. Most of the companies producing and distributing these products don't want worldwide licensing deals because of the impact it would have on their domestic distribution channels. Hop-on's negotiated IPR agreements allow us to provide custom tailored solutions to these complex issues."
The new office is located at Room 308, BLD A, Unisplendour Information Harbor, Hi-Tech Park North, Nan Shan District, Shenzhen, Guangdong, China, 51800
ABOUT HOP-ON, INC.
Hop-on, Inc. is a global ODM and OEM manufacturer of electronics, based in the United States. Over the past 20 years, Hop-on has successfully secured essential patents for mobile communications and computing technologies, and is respected for developing the world's first disposable cell phone. Hop-on's focus on smartphones and innovative mobile device applications is bringing cost friendly solutions to today's demanding world market. For more information, please visit www.hop-on.com
- Go HPNN
$IDGC: UPDATED: ID Global Corporation Signs Letter of Intent With Established Medical Marijuana Grower
Date : 07/24/2014 @ 4:29PM
Source : GlobeNewswire Inc.
Stock : Idglobal Corp. (PC) (IDGC)
ID Global Corp. (OTC:IDGC) is pleased to provide an update pursuant to the execution of the LOI announced on July 23, 2014.
The letter of intent is at least partially binding and subject to due-diligence. However, the following covenants are binding legal obligations and are not subject to due diligence:
$20,000 Deposit to be provided by IDGC for a 5-acre parcel of land with plans to construct a 20,000 sq. ft. facility.
IDGC shall have access to, and have an unrestricted right to use otherwise confidential information of this established Medical Marijuana grower in Vancouver BC, Canada, consisting of intellectual property rights, related to but not limited to the growing of marijuana in a highly efficacious manner, as illustrated in its current business plan and to be further developed by IDGC, coupled with the potential filing of an S-1 for this marijuana grower.
Accordingly, while we believe there are many reasons that transaction will be consummated, even though the document is captioned as a letter of intent, IDGC retains valuable rights even if a transaction is not consummated. Accordingly, the expenditure of the $20,000 nonrefundable amount enables IDGC to continue its quest to profitably pursue the medical marijuana business. Nonetheless, investors are cautioned that IDGC has not yet entered this business.
About ID Global Corporation
ID Global Corporation (IDGC) is a diversified holdings company with a focus on emerging and middle market investment opportunities in North America. IDGC seeks, through debt and equity investments, minority positions as well controlling interests in established companies and special situation start-ups.
- Go IDGC
$HPNN: Hop-on Shareholder Meeting Update
Date : 05/20/2014 @ 1:45PM
Source : Marketwired
Stock : Hop-on, Inc. (PC) (HPNN)
Hop-on Shareholder Meeting Update
Hop-on Identifies 170 OEMs and ODMs for IP Licensing
TEMECULA, CA--(Marketwired - May 20, 2014) - Hop-on, Inc. (OTC Pink: HPNN) (PINKSHEETS: HPNN) a global electronics OEM, is pleased to announce today that its shareholder meeting held on May 16, 2014 was a successful opportunity to interact with shareholders regarding recent developments. The format of the meeting allowed for an open and broad-ranging discussion to address Company progress and concerns.
The Company has put out several news releases in recent months, and the purpose of the shareholder meeting was to review the Company's positive developments and lay out the plans for its future.
The agenda items covered were
1. Update on the intellectual property royalty agreement with Microsoft.
2. Closing of the Company's first IPR deal with Teleepoch
3. Update on IPR negotiations with 12 Chinese and Taiwanese OEMs
4. Update on 170 companies Hop-on will be pursuing for licensing arrangements
5. Retirement of significant portions of Company debt
6. Plans for spin-off of Re-Medical subsidiary to fully reporting public BB company
7. CTO summarized Re-Medical's proprietary cannabinoid therapies and delivery technologies
8. Plans for Re-Medical IP licensing arrangements and operations in Colorado
9. Plans for USACig subsidiary
10. Plans for adjusting the capital structure of the Company, including dispelling false rumors of a pending reverse stock split
11. At the insistence of shareholders, Mr. Michaels addressed concerns regarding a stalker harassing him using different aliases on the Internet. Mr. Michaels acknowledged in response to shareholder concerns that law enforcement is investigating this individual. The shareholders were also informed regarding status of an extortion attempt by one internet poster earlier this year.
Peter Michaels, President of Hop-on stated, "I was pleased with our shareholder turnout at the meeting, and even more pleased about the positive response and outlook of our investors. I also appreciate the support from our shareholders."
ABOUT HOP-ON, INC.
Hop-on, Inc. is a global ODM and OEM manufacturer of electronics, based in the United States. Over the past 20 years, Hop-on has successfully secured essential patents for mobile communications and computing technologies, and is respected for developing the world's first disposable cell phone. Hop-on's focus on smartphones and innovative mobile device applications is bringing cost friendly solutions to today's demanding world market. Hop-on is also diversified in nutraceutical and cannabinoid technologies through its subsidiary Re-Medical, Inc. For more information, please visit www.hop-on.com and www.re-medical.com
Safe Harbor
This press release contains forward looking statements pursuant to the "safe harbor" provisions of the Private Securities Litigation Reform Act of 1995. These statements include risks and uncertainties that may cause the company's plans to change and are in no way intended to guarantee that the company will be successful in executing its plans. Hop-on, Inc. common stock currently trades on the over-the-counter "Pink Sheets" under the symbol HPNN. This press release in no way constitutes any recommendation regarding the securities of HPNN or its affiliates. Any person reading this press release is advised that this release should be considered in the light of all facts and circumstances regarding the business and financial condition and prospects of HPNN, and no inference has been made that this release contains all such information.
Additional Information
For additional information, please contact
Peter Michaels
(949) 756-9008
Email contact@hop-on.com
- Go HPNN
IPRU - for the pocket change! Hha ;0)
IPRU Daily Chart & L2 / Buying Pressure's - Going To Push This Up Real SOON! IMO
L2 / vol.
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=99087745
MG, share away, bring your friends.... or join us on the NUGT board where the info is predominantly PM but good peeps.
When we look at the precious metals, it has become quite apparent that we have already seen the lows of the major correction, and we will see massive moves to the upside this autumn and into 2014. The move has already started now, and will accelerate very soon. So for investors who are not fully positioned, right now is the time to invest any spare cash that they have because the upside move in the next couple of months will be considerable in my view.” http://kingworldnews.com/kingworldnews/KWN_DailyWeb/Entries/2013/8/9_The_World_Is_Now_On_The_Edge_Of_A_Massive_Collapse.html
More on MU July Buy-Writes:
Micron’s Elpedia acquisition closed on July 31. This was a great deal for Micron, as they negotiated the purchase of the company for pennies on the dollar early last year during the worst-ever memory market, when 2Gb DRAM was selling for $0.82. Since the purchase negotiations were completed, the price of commodity 2Gb DRAM has risen to $1.62.
So with today’s MU price move (on a bad day for the majority of the rest of the market), shown as that large green candle breaking above a triangle pattern, I Bought to Close both 8/23 $14.50 Covered Calls for a small profit. I’m expecting price to break through the top of the horizontal channel defined by the red and green lines when the rest of the market resumes its upward trend. Prior to the test of the green line at the end of June, there was no trading above that resistance line since 2006 so I expect resistance to be weak and for Micron to trade considerably higher once it breaks through.
MU July Buy-Writes Update
Whomever bought my Jul 14 Calls wasted their money, as they expired worthless last Saturday.
So I sold more Calls in both accounts at the 08/23 14.50 strike for $0.51. I hope the buyers make money this time. That way the wealth spreads around as we both make money.
MU July Buy-Writes
MU -- Micron Technology
I started the setup of one buy-write last Friday, 06/28, by buying MU at 14.03. It did very well right away so I put off selling the Call, hoping to lock in a better price on the Call in future days. It was giving it all back today so I quickly sold Jul 20 $14 Calls this morning for $0.55. I want it to be very short-term because MU has been doing very well and I would prefer to just keep the stock or quickly repeat short-term buy-writes. So far, not too bad -- less than three weeks to expiration then wash-rinse-repeat or buy and hold stock for a while, then write a Call to lock in profits.
After finishing that, I went to a different account (where there is more money) and completed another MU buy-write of the same size. I wrote the Call first for $0.55 then bought the stock for $14.04.
I really like it when I can do these on a stock that is trading at a strike price. Actually, I prefer a stock price that is at least three pennies below strike, and I didn't get that. My goal is to make the money on the entire trade, not necessarily the stock. But if I have that 3-cent margin on the stock then at least I show a profit on the stock if it is assigned. Either way -- it will be a good day at the office.
Three to four years,
but it would need extra stimulus, and I don't know what that could be.
I posted that because it aligned exactly with a conclusion I made and posted several weeks (or a few months) back. I thought a period like that of the middle 90's could easily happen again.
It's a sort of a twist on "this time is different". We're not asking that anything be different. We are simply suggesting that history repeats.
Maybe the stimulus is that the largest world economies would like a little higher inflation as that would make it much cheaper to pay off old, long-term debt. Stock markets do well during inflationary periods. Then couple that with other countries coming out of their very long recessions (and depressions for a few).
Such a situation would also be a huge bear market for precious metals. How long was the last bear market for gold? Twenty years? I don't know, but it was a very long time.
could be DOW 20k in a year or two
The “Great Rotation” from Bonds to Stocks
While traveling last week, I kept hearing stock brokers ask: “What are my fixed income clients going to say when they receive their June monthly statements?” Due to the sudden surge in Treasury yields in the past two months, bond investors have had a truly horrific few weeks watching their principal erode due to 10-year Treasury bond yield rising from 1.66% on May 1 to an intraday peak of 2.67% last week, before settling back to 2.52%.
In response, PIMCO’s Bill Gross and five Fed Presidents were out and about last week telling investors that Fed Chairman Ben Bernanke’s recent comments were “misinterpreted,” and that bond investors have grossly “overreacted.” For instance, New York Fed President William Dudley said last week that any expectations of imminent rate hikes are “quite out of sync” with the FOMC’s official statements and the expectations of most FOMC participants. Still, bond investors withdrew $23.7 billion from taxable bond funds in the past four weeks. Additionally, foreign central banks sold $32.4 billion in Treasury debt last week, the largest weekly redemption ever and the third net weekly withdrawal in the past four weeks.
Bond yields have settled a bit in recent days, but the damage has been done. Fixed income investors seem to be realizing that bonds are not an oasis of safety when their principal erodes so rapidly. The last time I can remember seeing such a sudden spike in bond yields was 1994, when 10-year Treasury rates rose from 5.6% in January to over 8% in November. That sparked an impressive stock market rally in 1995.
The strong recovery in stocks since last Tuesday suggests that this bull market remains healthy and resilient. The stock market could become the new oasis for conservative investors, just like it did back in 1995. So far, the market gains of 2013 rival the start of the big market surge in 1995. Now, as then, the bull market was already 4+ years old – starting in late 1990 – but the biggest gains were yet to come.
http://www.navellier.com/commentary/marketmail.aspx
futures up
Hammer Time
Well … didn’t happen.
Much of the middle of the day was spent with Bullish Hammer reversal patterns in eight major indices. That tends to get me all excited because my definition of those almost always has successful bullish breakouts.
$SPX in the image below (made when it was making a Hammer pattern) is showing that it is sitting above the strongest SR level around, centered at 1,556. It quickly bounced off of that narrow SR range within a few minutes within the second quarter of the day. I’ve read that some traders would have you wait for a buy signal after price successfully tests support in the range of S&P 1510 to 1520 (that level below the one mentioned above). Pythia is anxious to party now. My vote is to go with Pythia -- she’s much better looking than those other traders.
Candlestick traders would have you wait for a favorable candlestick reversal pattern then trade on a Close above the center of the pattern’s last candlestick body. Pythia isn’t so patient, and will have you go Long if the next day’s Close has a green body and a higher Low than the previous candle. It’s a shoe sale, so why wait? If the next day is a Doji then Pythia currently says wait another day for a Close higher than the Doji’s close, and body color doesn’t matter in that case. So that’s another day (or more) of delay. That rule may change in the future to favor ignoring the Doji and going Long on the Doji when the previous day’s candlestick pattern is one of a select few (needs backtests to confirm that).
With today’s intraday range, the entire bullish run from 1550, starting in late April, has been retraced.
CRUS options,+
Moved beyond July to sell CRUS Aug 17, $18 Calls for $1.11.
Thought that would work out better than selling July Calls followed by August Calls after that expiration.
My original purchase of CRUS at the Buy-Write on 05/30 was 18.12. If the shares are assigned at $18 in August, then the loss on the shares will be 12 cents while the gain on options over the ownership period will be $2.01 based on previous options transactions.
CRUS options,
They expire today.
The original buy-write with Jun 22 expiration was setup on 05/30.
It was modified on 06/13 to increase potential gain by taking advantage of reduced time value and better CRUS stock price position. The only change was to buy-to-cover 17 strike Call followed by a sell-to-open the 18 strike Call.
CRUS will likely not trade at $18 or above today, so I will keep the shares (they wont be assigned) and my total gain on the options will be $0.90/sh at the end of the day. So the gain relative to the share purchase price of $18.12 is 4.97%. This would be an uncompounded annual gain of 59.6%.
My current intention is that I will be selling Jul 18 (or above) Calls on CRUS soon (within hours or days).
It does that once in a while.
Everything has a bright side ...
Some people like to hedge a Long portfolio. At market consolidations, add a dash of VXX to aid that which ails.
Some active traders cant resist jumping out in front of the market on all their trades. That can work quite well when volatility is high, but always becomes a trap as volatility goes low. VXX aids there too: learn to not jump out in front of the market as VXX calms down
VXX gone WILD !!
SS,
This is a response to your blank message.
Your message was blank because you put a long link on the first line of the message, which iHub will chop after a specific number of characters.
Put a heading on the first line, then put the link on a lower line. I would be interested in seeing where the link goes.
Or, use a free service that shortens links, then post the shortened link on any line (even the first).
Market horny over NVDA today
Whalman has it exactly right__ http://tinyurl.com/kawlx76
Yet it's this that made the news and Evercore has it all wrong__ http://tinyurl.com/jvg77xg
And this is what it is really all about__ http://shield.nvidia.com/
Do I have a position in NVDA? I used to. I bought NVDA June Calls on 05/09. I bought them after a good trade on NVDA stock that seemed to last forever. Glad to finally get out of that with a profit. I wanted to continue to participate in any upside but was afraid to own the stock again. So I rushed in and bought Calls with some of the profit from the stock. Right after I did that I realized I made a big mistake: don't ever trade options that expire less than two months out; for like good fruit, options take time to properly ripen. I usually decide to take the medicine: don't undo the mistake; live with it and the lesson will more likely stick.
So today was a gift. As the market opened, the NVDA Calls were way under water and prepared to expire worthless on Friday. As Luck played the game today, NVDA popped on news and I sold the Calls resulting in a 100% profit after expenses. Dumb luck.
Now I'm thinking of setting up a new, more complex, options trade on NVDA that will expire in January, 2014. Thinking there might be something in the stocking from Santa. Anybody want to buy an INVIDIA Shield for Christmas? I'm thinking of buying Calls and paying for them entirely by selling Calls at a higher strike (which would limit the profit unless I roll them forward at a future date) and also selling Puts at a lower strike siting at very solid historical support. Sounds like a good plan. Will ruminate on it for a while.
SS, *
I don’t see any candlestick patterns that NOK could be breaking out from; and considering the intraday spike up (followed by a fizzle), it’s just news related. I also think that there were a lot of traders who had decided long ago to sell at $4, so they did. I think they will be buying back in sooner than later.
The top SR density chart (below) is from my Pythia program, and it only allows 392 calendar days for the Sup/Res calculation. That’s not long enough to account for long-term owners who got trapped prior to April, 2012, so the bottom chart comes from my stand-alone SupRes program that allows any amount of history. Prior to that April there was pretty strong support at $4.70, and you can see that in the bottom SR density chart (but you will have to look at a different candlestick chart that goes that far back).
When I bought the stock, I expected to hold it at least till the end of the year (and I really did believe that it could go significantly higher than where I bought it, but probably not right away). That’s because I could see that it was stuck in a dense and wide SR zone from $3 to $4 that started forming last November. That may be history soon if the stock can get above, and stay above, $4. After that, the next 15% looks to be a little easier.
The three horizontal yellow lines identify key SR levels going forward, and that area is not nearly as dense as the lower area. There is also renewed interest in the stock so it could move more quickly now. I think the blue channel lines will still define the trading range going forward till mid-September, then I expect those lines to be worthless. If there is a breakout coming in the future, it will be when price breaks upward from the blue channel. But then it will run into strong resistance at $4.68, and I’ll probably sell there if not sooner. But you never know. Their new camera phone sounds pretty cool -- might make a good Christmas present. And as for Apple(s). Their best applications are for pastries and cider.
* Edit
After posting, viewing, and further consideration, I do see a candlestick pattern for a possible breakout. Consider the bottom yellow line along with the bottom blue line. That's an ascending triangle. Measuring the height of that just prior to 04/18/13, and extending above the bottom yellow line means that price could extend above the top yellow line, to roughly $4.30, relatively quickly. I will sell that.
was today a breakout for NOK or what looks like a dash and splash?
SS, Re NOK,
It's already on my list. I have a position now that I bought in April @ $3.34.
SS,
I have never wanted to be a contrarian investor. They almost always -- by definition -- get into positions too early and therefore spend a lot of time sitting on their hands and loosing money before they can make money.
To be consistent in the definition, contrarians will also almost always get out of positions too early or short too early.
Therefore, they always tend to make less money (or loose more money) than non-contrarians.
Compared to what? Compared to those who try to time entries and exits just right.
Contrarians, by definition, cannot ever time the market very well if they are good contrarians. That is because momentum can cause markets to remain overbought or oversold for long periods of time, and those are the times when contrarians enter their orders.
re:CBMX,,, I know it's trash but as long as the trade clears I am not biased....
Contrarian Investing Rule #1: Be a Skeptic, Not a Pessimist
As Humphrey B. Neill says, "The art of contrary thinking consists in training your mind to ruminate in directions opposite to general public opinions." Or, as my father likes to say, "No matter how flat you make a pancake, there are still two sides." Our job as investors is to make sure we're always taking both sides into account. It might not come naturally, since we're hardwired to seek out information that confirms prevailing wisdom or our own inclinations. (Psychologically speaking, it's known as "confirmatory bias.")
But as I've demonstrated countless times in Wall Street Daily columns, widely held investing beliefs seldom match up to reality. For instance:
Consumer spending doesn't account for 70% of U.S. GDP, even though well-respected media outlets like MarketWatch and Bloomberg routinely say it does (for proof, go here).
Super-fast economic growth isn't a precursor for a bull market in stocks.
And a stock buyback isn't always a bullish indicator.
Indeed, a healthy dose of skepticism is always warranted. It allows us to see subtle market shifts that otherwise go unnoticed by the majority of the investing public. And it's by investing at these critical turning points that we stand to reap the most rewards.
Contrarian Investing Rule #2: Be Brave
There's no substitute for due diligence. But no matter how much research we do – and no matter how convicted we become about a specific contrarian opportunity – acting upon it will require William Wallace-sized bravery. Why? Because we're taking a wildly unpopular stance – and, as a result, we're going to be unmercifully ridiculed for it.
The good news is, in my experience, ridicule and stock market returns exhibit a near-perfect correlation. In other words, the more grief I get for a contrarian recommendation, the more profitable the investment typically ends up being. So if you've done your research, stand by it! No matter how many insults friends and colleagues sling your way, you'll have the last laugh. Eventually, that is-- which brings me to the last key to contrarian investing…
Contrarian Investing Rule #3: Be Patient
At its core, contrarian investing is a value-based strategy. And as we all know, it takes time for average investors to spot these bargains. As a result, it took a year before our contrarian bet on undervalued Japanese stocks that we made in WSD Insider started paying dividends. Now, this delayed gratification isn't always the norm with contrarian investments. I mean, after our research conclusively revealed in February 2012 that the real estate market was, indeed, bottoming out, the iShares Dow Jones U.S. Home Construction ETF (ITB) didn't waste any time hitting the gas pedal.
But in a day and age when the average investor only has enough patience to hold on to a stock for about five months, we need to have realistic expectations. Although our research indicates that a turning point is imminent, it's impossible to pinpoint exactly when it will materialize. So if we want to enjoy above-average investment results, sometimes we need to demonstrate above-average patience.
Bottom line: Follow these three simple rules, and while you might not become a more popular investor, I'm absolutely convinced you'll become a more disciplined and profitable one.
I do get the emails on a reply... those last few of yours were replies to none or JLS.. but anyhow I am happy to see what you are up to.... we been trading CBMX, HALO, DUST and GDX today
SS,
I thought I would post a little bit because I like the name "Channeling Stocks", which is what I do.
It seems you must not have your email address in your iHub profile. If you did, you would receive an email message anytime someone responds to one of your messages.
Also, since you are listed as a moderator for this board, maybe you would get an email every time someone posts on your board. But I don't know about that for sure, as I have never been a moderator of any board, and am reluctant to ever be one.
Technically, iHub is a little screwed up. Sometimes they list you as a moderator for this board, sometimes they list you as (only) an assistant here.
Berge is listed as the moderator for this board. It's been many months (maybe years?) since he posted here. His name should be removed as moderator.
Since you posted about CBMX, I decided to check it out. that company seems to be nothing more than a private piggy bank for a couple of its officers -- Burell and Hockett Jr. They pay themselves a helluva salary and own virtually no stock. And they pay the CEO very little (probably only as hush money). But hey, Wells Fargo owns 5 whole shares.
JLS, did not know you were posting here. S&P is still in trend with no end in sight.....
SPX Channel Setup,
This image is similar to another SPX chart I posted recently. The only differences are the yellow triangle and the yellow horizontal channel.
It’s possible that price breaks upward out of the triangle but stays within the 70-point horizontal channel for several weeks. July earnings could be stimulus to go to the top of the channel at 1670. Then the market gets lazy and again turns down and trades within the horizontal channel till November.
Alternatively, the top of the channel remains the same but the bottom of the Fib lines could become the new bottom of the horizontal channel after July earnings (while the current yellow bottom line would be moved up slightly to the 50% Fib line). If another yellow horizontal line is drawn at the bottom Fib line, then at least the forkers in the crowd will be partially satisfied and have something to play with, and it would have that magical outer-fork spacing of 100% Fib with a center tine at 50%. The problem with that fork is that it would have a handle that goes nowhere (which surprisingly really doesn’t bother a lot of forkers).
Re CRUS Buy-Write,
See previous ... http://investorshub.advfn.com/boards/read_msg.aspx?message_id=88458920
Stock traded below 18 today, so I restructured trade in my favor. The original Calls were Jun $17, sold on 5/30 for $1.60. My profit would have been $0.48 after Assignment on 06/22 at $17 (which was a near guarantee).
I covered those Calls today for a profit of $0.40. Then I immediately sold new Jun $18 covered Calls for $0.50. Now the profit will be $0.88 (instead of $0.48) after possible Assignment on 06/22 at $18 (instead of the previous $17). Since the stock traded below $18 by a significant amount over the last two days, there is now a higher possibility the stock wont be Assigned by next Friday. Wash - rinse - repeat.
SS, Re QEP
QEP is a stock in one of the lists I scan. Check it out to see if you are interested.
It gave a Buy signal yesterday on an opening full gap (which closed a fair amount higher considering what the market was doing). It also closed higher today though it ended with a doji (was green most of the day though). It has had some erratic earnings in the past but it's recent announcements are what triggered the bullishness.
MGT and AMPE working...
Q ? pythia or fundi >>>?
Don't hold your breathe for tax reform. The only thing Congress can agree on is to what to name a Post Office.
suddenly frank and forthcoming Dem Max Baucus,
on the IRS targeting groups for political reasons:
"This actually leads to new momentum for tax reform because this is an important provision in the code. And this provision has raised lots of questions now, and also how it's tied with another significant provision, the so-called section 527. And that's - that's - that's going to help I think encourage more momentum for tax reform.
http://washingtonexaminer.com/democrat-baucus-warns-more-to-come-out-on-irs-scandal/article/2529913
M.B. has been spilling all over B.O.
SS,
I thought about making a comparison between medications for people versus other animals but decided not to go there. There are too many things to consider when comparing cats and dogs and cows to people. Comparing the health spending on people to others, the ratio could easily be a few orders of magnitude.
Take this for what it's worth (I claim no accuracy), but (public + private) health spending in the U.S for people is expected to reach $2,700_Billion in 2014, while health spending on other animals is expected to reach $33_Billion in 2014. If that's the same class of spending, the ratio is 82:1 in favor of spending on people.
-----------
Q vs. ZTS
I only brought up the dividend business because I think it shows that Q is seriously trying to attract investment from funds and other longer-term investors. To the extent they accomplish that, there will be fewer shares trading in the market, and that induced scarcity of shares would tend to raise share price.
To back up what I think about Q, I bought a few shares very soon after they went public. I very rarely do that. The price that I got was good enough such that they closed below my purchase price by pennies on only one day since purchase. I should probably hold it until they report earnings. Maybe the most I would do is buy some puts after a good run up (if that happens) ahead of earnings.
ZTSssssssssssssssssssssss!
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