Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.
But... The firm was absorbed into Cohen's family office. It was all his.
That was the firm though. We don't know what he had to pay. We do now that just after a few years of the SAC Firm's $1.8 Billion Dollar fine and Cohen's settlement....Steve Cohen had an estimated net worth of over Ten Billion Dollars.
Money wealth is just insane.
SAC said the same thing and walked away by writing a small check to the SEC and taking his fund private then bought the Mets.
I wouldn't call a $1.8 billion fine a "small check". In November 2013, Cohen pled guilty in the criminal case, and agreed to pay that "small" fine. He made SAC Capital part of his family office, and then in early 2014, created Point 72 to house most of the SAC assets. Point 72 opened to outside investors in 2018.
https://en.wikipedia.org/wiki/Point72_Asset_Management#:~:text=Point72%20was%20founded%20in%202014,winding%20down%20of%20its%20operations.
So I'm not really seeing any similarities here...
So as I said neither of us know if he was telling the truth. You can defend him all you want.
No. I am not "defending" him. (From what? He hasn't done anything I'm aware of.) I am pointing out, as did 1manband, that there is no reason for Ackman to attract the SEC's attention by lying.
It is not horchata, but it is close enough for me and available everywhere, unlike real horchata.
But what is "real horchata"? In Mexico, it's made with rice, which you apparently don't include. In Spain, it's made with tiger nuts. Which aren't really nuts:
https://www.carolinescooking.com/spanish-horchata-de-chufa/
No..the market is certainly irrational. That is the Law of Nature..."humans are irrational". Thus, the market is irrational.
I dug out those NVDA numbers because I was unfamiliar with that company. For one thing. I've never been interested in video games, the genesis of NVDA.
Book value numbers can have value or be wildly unrelated to to anything currently useful. Buffett and Munger rank integrity highly, but I don't know of any way to appraise it. How do you quantify a moat? How do you put numbers on the intelligence or energy of the competition?
I thought it was interesting that NVDA farms out all manufacturing, mostly to Taiwan. Always has.
I don't think the market is irrational. It's just more complicated than "players" think.
Look at the book value. Absolutely no one cares about that anymore...apparently. I do not know the real value....but still.
Compare that to boring AT&T with a book value @ $14 rough.
I have always been troubled by the irrationality of the market. Always looking forward with unwarranted enthusiasm where it shouldn't be.
Q. When was Nvidia a penny stock? A: It IPOd at $12 and rose 64% its first trading day. Closed at $19.69. Listed on NASDAQ from the start.
https://www.wsj.com/articles/SB917224371262043000
He's talking about one engine of many and it would have been nice to provide a link to his C&P.
https://en.wikipedia.org/wiki/Ford_Power_Stroke_engine#:~:text=Introduced%20in%201994%20as%20the,(7.3%20L)%20displacement).
His post is ancient history.
Ford was up yesterday.
Thanks and I realize that. SAC said the same thing and walked away by writing a small check to the SEC and taking his fund private then bought the Mets.
NVDA's numbers from Finviz and Yahoo.
Market Cap: $976 billion
Forward PE ratio 63. 5. (Yahoo says 222)
Employees 26,196. (Yahoo gives same number)
Dividend: 0.16. (0.04%)
Debt to equity: Small 0.50%
Book value/sh: $8.97
Shares short: 28 million out of 2.5 billion outstanding
Stock performance for the year: Up 129%
Auditor: PWC
Most recent 10k: https://www.sec.gov/Archives/edgar/data/1045810/000104581022000036/nvda-20220130.htm
So as I said neither of us know if he was telling the truth. You can defend him all you want. I'm familiar with the Herballife battle and I think Ackman wouldn't hesitate to screw Icahn.
You think differently.
BTW I have no love for either one.
"Coke is very tight-lipped about the recipe, and how it varies around the world."
That is inneresting. I had previously assumed that the basic Coca-Cola recipe was the same worldwide other than substituting the sugar source. Maybe this explains why the non-sweet components of MexiCoke seem milder than USA Coke.
Does CanadianCoke have hints of maple syrup and pan-fried walleye in its recipe?
I take note of your comment re: yellow-capped Passover Coke and will calendar it for 2024. Mebbe a taste-off between PassoverCoke and MexiCoke will be in order.
I am also a fan of horchata. I have found that, for me, a suitable substitute is unsweetened almond milk with vanilla - and the I add aspartame to sweeten it. I prefer the Almond Breeze brand and the WalMart GreatValue brand of unsweetened vanilla almond milk.
It is not horchata, but it is close enough for me and available everywhere, unlike real horchata.
Butt I am serious iced tea addict. Strong-brew prechilled, no-ice, iced tea with lemon+lime (one half of each fully squeezed/squozen + light aspartame to cut the bitterness. I drink anywhere from a gallon to six liters of that per day. When I go to the deeeeeeeeeeep discount grocery, I buy two bags of lemons and two bags of limes - and that lasts me, at most, a week. Plus I drink chilled tap water kept in the fridge and regular tap water to avoid brain freeze when rehydrating.rapidly after a good sweat.
I have been a lifelong constant fluid drinker and inveterate ice-chewer. Maybe that OCD is why I never had any innerest in smoking. Since early collitch, I have always had a drink welded to my hand or on the desk - in gratt skool it was normal for me to drink 12-20 cups of coffee per day (and routinely put in 16 hour days and nights - sometimes sleeping over on a foldaway bed in the "sleeping room" on our floor at Lunatic Labs). I slowly replaced some of the coffee with Diet Cokes with ice to gett some ice to chew. I gave up coffee and switched to iced tea somewhere in my 40s, as all the caffiend was giving me withdrawal headaches and I do nott fancy decaf.coffee. To tame my ice-chewing addiction, (when I use ice, which is nott so common), I only use those really large cubes where you make 6 cubes per flexible silicone tray - they are too bigg to chew. I also drink a lott of jazzed-up V8 and the occasional Bai or an Ice flavored carbonated (gas) water.
And si on the carne asada tacos. My fave is lengua tho.
Possible good (or badd) nooz for local raccoons.
https://www.sfgate.com/california-parks/article/caution-urged-as-california-wildlife-surges-18118905.php
At the Hacienda and Estancia, we gett plenny of rattlers (I almost stepped on one once!), hawks, turkey vultures, and beaucoup mountain lions. DaSun getts regular bear visits at Truckee and ll the garbage must be in bear-proof enclosures. He has even had bears open his car doors and rummage in his center console, and a housemate with a lift-kit Tundra has had a bear get in his truck (which is high) and eat some snacks he had there. They can open unlocked vehicles with ease.
On the flora front, I have been conducting spraying, brushcutting/tree-trimming, and weedwhacking operations over the past few weeks. I just stopped t the hardware store yesterday after the DMV to buy more herbicide including some that will kill woody plants like the highly invasive blackberries and Scotch broom, as well as star thistle (glyphosate is insufficient for these). So this long weekend I will be doing more spraying, weedwhacking, brush trimming, and branch sawing with both handsaws and chainsaw.
Rainy years like this one are good for the water supply, but they make for a lot of vegetation growth. While the moisture makes early season fire danger lower, the higher fuel load caused by all the vegetation growth makes late-season wildfires burn hotter and faster once the new growth dries~OUTT..
,
I'm a diabetic and only drink maybe one Coke/year (of the sugared version). I concur with your test. Coke de Mexico is the best. That's my guilty pleasure every year or two (usually with a really good carne de asada taco or three).
IMO, there has nott been decent pickup since the mid-to-late 1960s.
The Cummins 5.6L naturally-aspirated or turbo is the best diesel ever put into a pickup - the prollem is that pickup is Dodge Ram which is bucket of junk.
Butt, that said, I know one fellow with a dual rear Ram with the Cummins and the Allison manual 6 speed. Mind you, this is still a shitty truck, butt digg this.
A good test of a truck is pulling a heavy trailered boat ~OUTT of the water up a Steep concrete boat ramp. Dude had a 32' cuddy cabin with dual outdrives and a dual-axle trailer that prolly weighed 8-10,000 empty. The boat launching ramp he uses at Mission Bay (general area where bar1080's kidd now lives) is steep and was fully wet at the end of the day. Folks pulling single-axle trailers with much lighter boats (19'-21' single screw or outdrive) struggled up that ramp with their engines and trannies straining mightily (I felt sorry for those drivetrains).
Dude has the 32' dual drive cuddy on his dual axle superheavy duty trailer hitched to his dual rear wheel Ram with the 5.6L Cummins and 6 speed manual. He just dumped the clutch in first gear and idled that whole rig up the boat ramp. Never needed to even blip the accelerator.- it Idled up the ramp.
That is what a straight-six diesel with 1,000 ft-lbs of torque can do. It is only 240hp - that is the best example I know of to illustrate the difference between hp and torque.
Still a shitty truck .If I could put Cummins 5.6L and 6-speed Allison tranny into say a '67 Ford, Chevy. or Dodge truck with stronger drivetrain components, THAT would be my choice for pickup. IMO, every Big Three pickup since the 1960s sucks.
The only post-'60s pickup I think is even close to worth the price would be a 4WD diesel Toyota HiLux, which is a version of the Tacoma that is nott sold in the USA, but you can get them in Australia and SE Asia - butt cannot import them to the USA or Canada for emissions reasons..Nott a full-size pickup, butt worth the asking price based on value for money - butt nott for towing boats though.
Alas, I am uninterested in trucks.
I wonder how they got permission to use the extract. I've drunk Coke in other countries, but I'm no connoisseur.
Nice try...not buying it...:
https://www.edmunds.com/ford/f-250-super-duty/2005/review/
Liked how you tried to slip that in though. The effort was a qualitative play...but it's still horseshite'...lol . As in, the result there of..... :)
It is unclear if non-US manufactured Coca-Cola contains the coca leaf derivative. Coke is very tight-lipped about the recipe, and how it varies around the world. They would not even confirm the continued use of coca until the 1990's when journalists uncovered the New Jersey plant and the Federal paper trail tying the importation of the leaves to Coke.
Didn't know that. Must be similar to Hemp and Marijuana. Same species...different gig.
Ah yes, I know. That's what makes it different. Though it no longer gets you high.
Come to think of it, I DO kind of wonder what might be going on in Mexico.
lol...the good ole' days.
Coke still contains a coca leaf derivative. It is produced for them by special Federal license in a facility in New Jersey. They are the largest importer of coca leaves in the USA, as the facility also manufactures cocaine for pharmaceutical use.
Just IMAGINE how good it must have tasted when it still contained cocaine!!
Around Passover, Coke bottlers in the USA make Kosher Coke using real sugar. Look for the yellow caps.
It is available in stores all across the USA (but it may take some searching to find it), and is sold for the same price as the usual corn syrup variety.
For Christ's sake...you are now just getting it...lol. I used to order that online like twenty years ago. Nothing better than real sugar.
It did....with out a doubt. I am still pissed about my missed opportunity with AMD. I have always been an AMD cat since building my first computer back in the early 2000's. I knew what they were doing with the ZEN chip...but kept shying away from buying it. I have always been sketchy with tech stock because I am a big fan.
Always felt the safest bet was IBM. Of course..it is :)
Thank you for sharing the results of your experiment.
Mexican Coke Wins
I was skeptical of the proclaimed superiority of the more expensive Mexican-made Coca-Cola that uses cane sugar instead of high fructose corn syrup. Butt I decided to do an experimental comparison.
A $2 12 ounce glass bottle of MexiCoke versus a $1.50 20 ounce can of USA Coke (I could not find it in glass bottles).
First was the MexiCoke. It has a "cleaner" taste than the USA HFCS Coke - the flavors seem more subdued and the mouth feel seems slightly less viscous than normal USA Coke that I am used to from taste bud memory. It was noticeably different. Less intense flavor.
Then, the USA-made HFCS Coke followed. The flavoring elements, at least something - maybe cinnamon or vanilla was stronger and in-your-face - nott subtle at all. Too much so- overpowering after the milder MexiCoke. So it is nott just a sweetness difference - the USA Coke tasted much sweeter to me and in an overpowering, nott-good way. Overall. too strong on flavors and sweetness. Also the mouth feel was slightly more viscous - like it had a syrupy .texture - nott much, butt discernble over the MexiCoke.
IMO, the MexiCoke is better because to my taste buds it is milder in non-sugar flavor elements and also not overpoweringly sweet compared to USA-made HFCS.
I expected that they would taste the same, but they are detectably different to me and I prefer the MexiCoke and see why it is significantly more expensive in the USA than regular USA Coke. I thought it was just a gimmick to get consumers to overpay for the same item, butt based on this n=1 experiment, I can see the taste basis for the price premium.
I drink regular Coke maybe 4-6 times per year, and now I will seek out MexiCoke on those occasions. Butt it will cost me $4 as a 12 ounce bottle is nott sufficient, I will need at least two.
Like I said...he's not in charge. You are correct....it should have been. There are only a few worthy individuals currently in said Administration and Congress. Not like it is that much different from the past...but we are experiencing the worst management of record...or at least in a very..very long time.
That's not saying much....unfortunately.
The elected management seems to fall short consistently....and given the discussion...:
PERPETUAL .... lol :)
p.s. I am talking about both sides of the fence..hence...apolitical ;)
Although it must have held up during the dot com crash considering the two quick splits.
"2001-09-12 2:1 x2 x4
2000-06-27 2:1 x2 x2
He should have done something to prevent all the chest-beating last November, after the election.
He's not really in charge. But yes.....this should have been considered circa 2021.
Disturbingly so...and another reason why it is so outrageously priced currently. Anyone buying such now is a complete tool.
Biden should consider it.
Yes...and it would not be considered debt...so it would not show as such on the GOV balance sheet. It would be considered ownership in the form of equity.
I imagine you could have bought it cheaper around 2002. I was in a Circuit City store when I was thinking about Nvidia.
That is called bank.
Nvidia IPOd in 1999 at $12. I remember thinking its stock was wildly overpriced.
"Stock split history for NVIDIA (NVDA)
NVIDIA stock (symbol: NVDA) underwent a total of 5 stock splits.
The most recent stock split occured on July 20th, 2021.
One NVDA share bought prior to June 27th, 2000 would equal to 48 NVDA shares today.
Stock split list
Date Split Multiple Cumulative multiple
2021-07-20 4:1 x4 x48
2007-09-11 3:2 x1.5 x12
2006-04-07 2:1 x2 x8
2001-09-12 2:1 x2 x4
2000-06-27 2:1 x2 x2
Oh. That's good then. And yes, "consols" is another name for them.
The US Government issued them as well(for like twenty years). They were called Consols.
I'd prefer the perpetuals, too. And they do have a precedent. The Brits issued them in WWI.
Perpetuals always work for the issuer. His first strategy is ridiculous though...and reckless. The second strategy is a gimmick.
The issue with perpetuals would be in the writing. Some perpetuals can owe interest and not pay it. It accumulates without penalty....goes owed and unpaid.
DD Support Board and Fraud Research Forum
This forum is a place for ALL to share and build research and due diligence.
This is not a forum for recommending stocks to buy or sell. It is for information sharing only.
Please do not use this forum to promote stocks.
Feel free to build on the research already done by others or to present fresh new research.
Please start all informational posts with the ticker symbol of the stock.
Important links:
Another place to read some of nodummy's research:
http://promotionstocksecrets.com/
Great Forum for Litigation and Court Docket updates not posted on this board:
www.investorshub.advfn.com/boards/board.aspx
SEC trading suspensions:
http://www.sec.gov/litigation/suspensions.shtml
SEC press releases:
http://www.sec.gov/news/press.shtml
SEC administration proceedings:
http://www.sec.gov/litigation/admin.shtml
SEC litigation releases:
http://www.sec.gov/litigation/litreleases.shtml
Most recent SEC flings:
http://www.sec.gov/cgi-bin/browse-edgar?company=&CIK=&type=&owner=exclude&count=40&action=getcurrent
Great Website for basic information about the laws surrounding penny stocks
http://www.securitieslawyer101.com
Stock Dilution Scam:
A share dilution scam happens when a company, typically traded in unregulated markets such as the OTC Bulletin Board and the Pink Sheets, repeatedly issues a massive amount of shares into the market for no reason, considerably devaluing share prices until they become almost worthless, causing huge losses to shareholders. Then, after share prices are at or near the minimum price a stock can trade and the share float has increased to an unsustainable level, those fraudulent companies tend to reverse split and continue repeating the same scheme.
Pump and Dump Schemes:
"Pump and dump" schemes, also known as "hype and dump manipulation," involve the touting of a company's stock (typically microcap companies) through false and misleading statements to the marketplace. After pumping the stock, fraudsters make huge profits by selling their cheap stock into the market.
Pump and dump schemes often occur on the Internet where it is common to see messages posted that urge readers to buy a stock quickly or to sell before the price goes down, or a telemarketer will call using the same sort of pitch. Often the promoters will claim to have "inside" information about an impending development or to use an "infallible" combination of economic and stock market data to pick stocks. In reality, they may be company insiders or paid promoters who stand to gain by selling their shares after the stock price is "pumped" up by the buying frenzy they create. Once these fraudsters "dump" their shares and stop hyping the stock, the price typically falls, and investors lose their money.
http://www.sec.gov/answers/pumpdump.htm
The key is understanding
The key is understanding that pink sheet stocks are not investments - 99% of them will lose value over the long run and never accomplish most of their forward looking pumping statements they put in press releases or on their websites. Never believe the hype - always be skeptical of everything you hear.
The people mostly making money with pink sheet stocks are promoters, front loading pumpers with big followings they can dump on, crooks, some of the flippers, and sometimes the very lucky.
Pumpers only tell you to buy stocks that they already own. Pumpers only tell you to hold stocks because they want to make sure you hold longer than them.
They make money by pumping the stock and getting other people to buy then dumping their shares on the followers.
If you really want to take the risk of trying to make money trading pink sheet companies then you have to understand how the game works and never ever hold long term - take profits when you can. Pump and Dumps dominate the IHUB forums.
Trading pink sheet stocks is a sick game full of lies and deceit where people take advantage of the inexperienced and naive stealing away their life savings for their own personal gains.
Very little respect or morals exist in stinky pinky land.
The Consequences of an SEC Suspension:
Complete list of SEC suspended stocks and SEC Admin. Law Judge registration revocations from January 1st, 2010 to May 9,2020:
https://investorshub.advfn.com/boards/read_msg.aspx?message_id=155531213
More information on Suspended Stocks
http://investorshub.advfn.com/SEC-Suspensions-&-Revocations-25334/
Volume | |
Day Range: | |
Bid Price | |
Ask Price | |
Last Trade Time: |