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Maybe Obama can print more and make himself look like a fool in public?
RSX is jumping.
I don't think it's a matter of if, but when our currency pays the price for poor domestic economic and energy policy, and lousy foreign affairs.
It's one thing to sit back and say "Russia will invade"
It's quite another to sit back and watch a civil war unfold because they didn't.
So you think our currency is screwed?
A funny thing about the dollar.....
Last week I was watching CNBC, and they said about 90% of professional money managers are short the T-Bond.
They said the trade was "done" because there was nobody left on the sell side. Enter the currency fail and foreign names.
I found another reason to hang on.
http://stockcharts.com/freecharts/gallery.html?UUP
Of course you could buy your dollar hedge more directly.
Sure. Once they get rid of that albatross.....
Any reason to hang on?
Did they release that, yet?
Anyway, looks like were moving above the consolidation.
Go DCM!
I finally took the plunge, and got some last week.
Oil bug bit me today, and I bought some UCO.
As a side note, It's an ADR.
I think the "sponsor" is responsible for forwarding releases.
Their paperwork seems to get lost in the shuffle.
Remember? I found their annual report in London, and nothing in the American Press. I don't know who is more incompetent: IR or the American Press.
Typically, in March they state their Ex date.
I have been thinking about trading the range while I wait.
Their calendar shows payment of divis without announcements.
IDK?
https://www.nttdocomo.co.jp/english/corporate/ir/event/calendar/index.html
That's funny. I'm thinking of dumping it and being happy with breaking even.
Yes, it really does. Then on to $25, IMHO.
DJ Tata DoCoMo: Another Promising Marriage Falls Apart -- WSJ Blog
6:52 AM Eastern Daylight Time Apr 25, 2014
By R. Jai Krishna
After five years of trying to conquer one of the most competitive telecommunications markets in the world, Japan's largest cellular operator, NTT DoCoMo Inc., is planning to pull out of its Indian venture with Tata Teleservices Ltd.
The Japanese giant invested about $2.7 billion for a 26% stake in Tata Teleservices in 2008 with big plans to bring its cutting-edge wireless services to the booming Indian market. Today the two sides are looking to break up. The Indian market isn't growing as fast as it once did and DoCoMo's technology failed to give the venture enough of an edge.
When NTT DoCoMo entered India, millions of new customers were signing up for cellphones every month.
Battling to attract first-time phone users, Tata Teleservices helped launch a price war. Other operators followed, but at the cost of profitability.
"Competition is too high," said Jayesh Kumar, a telecom analyst at Mumbai-based brokerage Kotak Securities. "They were not profitable in the business."
Added to the stress on the industry: A 2012 judgment by Indian Supreme Court canceled more than 100 cellphone permits, citing corruption in their allotments in 2008. That judgement put in jeopardy the billions of dollars that foreign cellphone companies had invested in India.
Some operators, such as Emirates Telecommunications Co. and Bahrain Telecommunications Co., decided to shut shop. Others including Telenor, Sistema and Tata DoCoMo were forced to scale down their operations and improve profitability.
Tata Teleservices also had a unique problem: Its operating costs were higher than is rivals because it provides cellphone service using two different kinds of technologies, company officials say. This meant double the bandwidth charges, and also increased marketing and sales expenses.
Another analyst said Tata Teleservices' ability to raise cash for expansion, and its huge debt of more than $4 billion, may also have been a growing concern for NTT DoCoMo. "There was always a concern that staying (in the venture) would also mean more capital to be infused," said Shobhit Khare, telecom analyst at Motilal Oswal Securities Ltd.
This will be the second recent high-profile exit of a Japanese company from the Indian market. The century-old Japanese drug firm Daiichi Sankyo Co. said April 7 it was selling its stake in the Indian pharmaceutical company Ranbaxy Laboratories Ltd. after losing billions of dollars when many of its products were blocked and declared unsafe by the U.S. Food and Drug Administration.
DJ Who Would Want to Buy Tata DoCoMo? -- WSJ Blog
9:05 AM Eastern Daylight Time Apr 25, 2014
By Kenan Machado
If Japan's NTT DoCoMo wants to unload its stake in Tata Teleservices, analysts say there are likely only a few potential buyers out there.
On Friday, NTT DoCoMo said it plans to sell its stake in Tata Teleservices Ltd.--an Indian telecommunications firm that was struggling to make profits amid fierce competition in India.
Its partner, the Indian conglomerate Tata group is also looking to withdraw from the venture which used the brand name Tata DoCoMo people familiar with the matter told The Wall Street Journal.
It isn't quite the sellers market right now. India is struggling through a period of stagflation and the future is uncertain as the country is in the middle of a heated national election.
The telecom market is suffering from tiny tariffs and low data usage despite the steep fees charged by the government for radio bandwidth. The high fees have led to massive debt piling on the balance sheets of most wireless firms.
The ones without deep pockets have to either shut shop, shrink or sell. Right now there are only a handful of companies with the cash to buy into Tata Teleservices.
"Buyers would be a few as the business is loss making and highly leveraged," said Naval Seth an analyst for stock broker Emkay Global Financial Services Ltd.
Despite the problems, some analysts said buying DoCoMo's stake and even the Tata group's stake could make sense for some phone companies if the price is right.
"With a 7.5% revenue market share, Tata Teleservices is an attractive asset," for either a new entrant hoping to crack the Indian market or an existing large player looking to add market share, said an analyst who asked not to be named.
Some analysts said the asset could be a good match for Reliance Industries Ltd., which is looking to expand its presence in the telecommunications sector.
Its new telecom venture, Reliance Jio Infocom Ltd., is planning to launch its phone services based on fourth-generation radio waves this year.
A Reliance spokesman would not comment on market speculation.
Vodafone Group PLC and Bharti Airtel Ltd.--India's top two telecom companies-- could also look to buying the venture to add scale, analysts add.
In the six regions in which the DoCoMo and Tata venture has more than a 10% market share, Vodafone has a market share of more than 20% making it an attractive target for the British giant, Emkay's Mr. Seth said.
Both Vodafone and Bharti in the past have stated their willingness to grow through acquisition in the Indian market.
In February, Bharti Airtel did a $113 million deal to acquire smaller rival Loop Mobile India Pvt. In early April, V odafone bought out its minority shareholders in the Indian venture in a deal worth more than $1.5 billion.
Vodafone and Bharti spokesmen could not be reached Friday.
REALLY needs to break through $16.62. JMO, of course.
They should have announced their next dividend already.
Another day like today would be nice.
OK, that does it. I am toast in Chile.
http://www.ilovechile.cl/
They like Jack Johnson. How can you not buy the fund if Chile likes Jack Johnson?
I thought they hit one a couple weeks ago?
I thought that Paragon Shipping article was a pretty ominous sign. Those guys could be a problem.
I debated getting back into the preferreds at the low, but decided against it.
I double down on TEU today, hopefully no iceberg on the horizon.
You still pay for that subsidy if you don't use it, courtesy of the US Government.
My Chiles are getting hot.
http://stockcharts.com/freecharts/gallery.html?ECH
I decided that their eye on technology couldn't be all bad.
I have been adding.
No, not a fixed annuity, the cost overruns the value. The variable annuity, if you pick the right one, can be used as a pension replacement.
You can get out of it, but if that's what you're thinking, don't get in, in the first place. Just like an IRA, it's for retirement.
True enough there is a cost involved. But then again, you'll insure your house and car, why not your money? No one complains their house didn't burn down so they didn't get their money's worth.
BTW, not all products are the same. I looked at many before finding the one I liked.
I think you mentioned them a few months ago. I glanced at some a long, long time ago, probably fixed annuities, not variable. I thought the commissions were outrageoues and the returns weren't so great. I am sure the industry changed since then. Can you make a clean exit, or are they pretty much a long term lockup?
Ever look at variable annuities?
I can't find enough compelling purchases, so I have a lot on the side.
Chicken Money.
I wish I could find some good bonds or fixed income. I'm too old to lose it all in another crash. I ask myself why I invest? For the CASH.
You make a valid point. Of course, I can just collect dividends. If I sold, I would need a nice dividend replacement stock. I'm getting low on cash lately. That's typically a bad omen for me. Just when I get fully in, the market crashes. Just like on the craps tables.
If there aren't many compelling reasons, then who are you going to sell it to?
Well not now. I'm buying LGF today.
What do you like about it?
Are there any compelling reasons for me to buy?
It would be an all or none with this stock I think.
I would probably take a few off around $82, and a few more at $85.
So far, just on technicals. Any significant fundamental problems?
Growth seems to be on the decline. Anything else?
I bought it back in '03 before they split into the two companies. I've got 1300 shares. Pretty big tax gain.
I hate to get so involved in such a decision without doing considerable DD. I do understand that you take some quite substantial positions.
Wouldn't it be nice to see a fortuitous bounce, and make the decision easier? Nibble in, nibble out is my philosophy of trading around the core.
But, if you had a large long term gain, would you sell or hold? That is the question
My first impression is that I wouldn't want to see a new fifty two week closing low.
The divi looks good.
Sure, I'm open to other interpretations. On your RTK, I think you see a short term move up, but then back down. If it were my money, I'd be out around $1.97
I know the feeling.
I have reserved feelings about a recent purchase.
You want me to look it over?
So far, so good on my RTK, but I don't want to be here wishing I pulled the trigger a month later with losses.
I haven't gone real deep in it, probably never will. Apparently they have some substantial Nat Gas contracts as a hedge, but also know how to gasify coal.
Recent article for another fertilizer manufacturer:
http://finance.yahoo.com/news/cf-industries-enters-long-term-210000531.html
Yeah. Resistance around $2.50 or so I guess.
I find I've been paying too much attention lately to my screw around stocks and not enough to my real investments. Just noticed I've lost a bunch in $PM over the last couple months. I hate to pay the big long term gains, but have to wonder if it's time to get out.
I am getting used to it. It seems you're not the only one who does it.
It's all my fault. I jump around too much.
So, What do you think? NPD OK?
Yeah, I came back here because I just figured that out.
I was commenting on your suggestion to update you on NPD.
I didn't actually reply to the right post, so I can understand the misdirections.
Nobody posts on the NPD board.
Needs to break through $16.71. JMO, of course.
Good Morning NPD holders.
I sure hope it can keep this one going.
Everytime I get my hopes up, somebody tramples it.
What gave you the impression that I was an optimist?
You really should adjust your tin foil mind reading hat.
If I was an optimist, I would have bought ten times the number of shares.
My KOL play is short term.
I don't expect to hold it for more than ten years.
http://www.cmegroup.com/trading/energy/coal/central-appalachian-coal.html
I figure it's a long term position, and I like the divi.
I don't see why you are so optimistic about it right now.
I already got some, but I could always get more.
My friend taught me how to trade around core positions and nibble.
Ok, he didn't really teach me, he just told me how it works for him.
Seemed sensible, but it does increase your commission costs.
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