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lol it's a catchy tune.
It sure is. lol
Any idea what the current o/s is, anyone ?
Any idea when their next filing is? A current share count should be listed within it.
Popular Internet Financial Pundit Arrested In South KoreaLast update: 1/8/2009 5:31:01 AMSEOUL (AFP)--South Korean prosecution authorities said Thursday they had arrested a popular Internet pundit on charges of spreading "groundless" allegations that the country's currency, the won, was imperiled. The Internet user, under the alias "Minerva," caused a stir in recent months with more than 200 postings about the country's financial crunch and the global economic crisis. A prosecutor said Minerva - who was rumored to be a retired financial market worker - is in fact a 30-year-old jobless man who only learned about foreign exchange markets through self-education. Earlier, news reports had speculated Minerva was a retired financial executive in his 50s or 60s, with a foreign academic degree. Prosecutors said they would disclose more information about the suspect when he is charged, probably Friday, but news reports didn't make clear when he would appear in court. Minerva drew a large Internet audience with postings that accurately predicted the collapse of Lehman Brothers in September, the won's sharp depreciation and the local stock market's crash. His writings irritated authorities with their sharp criticism of the government's economic policy and its intervention in the foreign exchange market. On Dec. 29, Minerva said the government had forced key financial institutions and exporters to stop buying dollars in an effort to prop up the won. The claim prompted the Ministry of Strategy and Finance to issue an angry denial. (END) Dow Jones NewswiresJanuary 08, 2009 05:31 ET (10:31
As long as it's not in the Caymens vz3
Certainly.
Where Has The Madoff Money Gone?
John Carney | Jan 8, 09 10:18 AM
We all know that Bernie Madoff was ordered to hand a list of his assets over to the court last week. But why would anyone believe that a man who ran a decades long fraud would suddenly disclose everything? His attempt to hide millions of family jewels should put the last nail in the coffin of the rumor that he had suddenly become an honest man.
In reality, Madoff will likely conceal lots of assets and much of his ill-gotten gains will end up in the hands of friends of family. With decades to prepare for the day his Ponzi scheme would collapse, Madoff had plenty of time to hide his assets. It's not just secret bank accounts. There are probably bearer bonds and diamonds in safety deposit boxes around the world. All untraceable and unlikely to be discovered by investigators.
Robert Chew, a Madoff investor-victim, writes an article in Time Magazine that explains the problem nicely:
Sure, experts say, he'll cough up the obvious brokerage accounts, client names, and offshore and numbered accounts that dealt directly with his investment company, Bernard L. Madoff Investment Securities LLC. And he'll begrudgingly concede the $7 million Park Avenue pad, the Palm Beach digs, the yachts, the French villa and the Montauk getaway. But no one believes he'll tell authorities where all the booty is stashed — not a chance, unless it saves him from walking the plank. It's the equivalent of the British government asking the infamous pirate Captain Kidd if he wouldn't mind handing over some of his treasure maps, pretty please.
"Do you think a man who deceived so many friends, associates, charities, and lied to them openly for so long, has a problem being a little bit deceitful in surrendering his books and records?" asks a former Los Angeles–based Treasury Department special agent who for decades specialized in white-collar fraud. "Of course he's hidden money; we're talking $50 or $100 million. It's a pittance to a guy like Madoff. Hiding money is a game for criminal minds, and there is no way Madoff's ever going to provide 100% of the information unless it exonerates him."
The modern way of burying a treasure chest of cash, banking experts say, is to have your own bank that is funded by nameless wire transfers to Switzerland, the Caymans, Liechtenstein. It's still unclear as to whether Madoff had his own bank, but there is always the ever popular method of hidden safes and multiple, anonymously managed safety-deposit boxes loaded with cash, or even better, "bearer bonds," an old-fashioned but effective tool that is as good as cash and can be presented to banks by anyone bearing them — no questions asked. Today they are used frequently in Central America. Typically, bearer bonds pop up years later in the hands of family members, after the institutional memory of the crime has faded. The beauty of bearer bonds is that they can be made out for any amount and there's no record of purchase.
Over the course of 20 years, a person like Madoff could have stashed away a lot of bearer bonds, for a lot of money, in a lot of places. But what about the money trail? Couldn't transaction records lead investigators to these caches? "You'll likely see an amazing loss of memory and material in the months ahead," says the Treasury Department expert. "Computers will be lost, fires will be started, records and books destroyed. It always happens."
You can find some REALLY good reads here :
" Clusterstock" as opposed to "clusterf@#k "
http://clusterstock.alleyinsider.com/2009/1/satyam-chairman-were-just-a-gigantic-fraud-too
Eventually, many of them have tendencies to to that.
Looks like it was busy at the end of December.
Solid news today, very nice.
Keep the lights on?
CCAJ was EZTO ? tia
Add away.
Also not ehow the RSI pulled back to the .50's as opposed to the higher range of 80-90 where it topped out. Not too smart to enter a stock with a high RSI so the recent pull back was in need. My personal opinion of course.
KDSC chart ;
KDSC .008, that 50% pull back was very healthy for the stock as witnessed today.
Solid news on patents this morning.
I sent that story into my local news channel to try and get it aired on the evening news.
NITE pulled off the bid, may see a small dip imo.
What a joke. They BANK from porn, what a joke.. Obama will laugh at them as he rolls away on his golden throne and into his super stretch limousine.
No way, for real?
Wake me if/when the .0013's fall.
It's been dormant and there's less than 50m o/s. I believe the next filing is due so I'll be watching for the current o/s count as well and insiders have not sold a single share in 2008 .
Chart to keep an eye on due to some recent letters of intent.
US Stocks Decline At Open On Weak Retail SalesLast update: 1/8/2009 9:47:53 AMBy Peter A. McKay and Steve Goldstein Stocks took a turn for the worse Thursday as retailing giant Wal-Mart Stores scaled back earnings expectations. Just after the opening bell, the Dow Jones Industrial Average was down 62 points, or 0.7%, at 8707.50. The S&P 500 fell 0.7% to 900.26. The Nasdaq Composite Index fell 0.5% to 1590.75. The market's losses come on the heels of a steep decline on Wednesday, when glum corporate news combined with a report from payrolls processor ADP estimating that nearly 700,000 private-sector jobs were lost last month. The Dow Jones Industrial Average dropped 245 points, the Nasdaq Composite lost 53 points and the S&P 500 dropped 28 points. There was more unsettling news on the employment front Thursday, as data showed continuing claims for unemployment benefits climbed to the highest level since November 1982, even as initial claims fell by 24,000 last week. The government will release data on December nonfarm payrolls on Friday, and economists expect a contraction in employment on the order of 500,000 jobs or more. The pain in the job market is causing consumers to rein in their spending, to the detriment of many large national retail chains who just suffered through one of the worst holiday-shopping periods in recent memory. Retailers on Thursday posted generally dismal comparable sales for December. Wal-Mart shares fell 8% after it cut its fiscal fourth-quarter earnings target to 91 cents to 94 cents a share from $1.03 to $1.07. December same-store sales at the retailing giant, excluding fuel, rose 1.7%. Macy's shares were down more than 2%. The department store operator, which said it plans to close stores as consumer spending flags, pared back its earnings expectations for the current quarter after heavy markdowns cut into its margins. Same-store sales fell 4% in December. To be sure, some chains managed gains. Shares of Sears Holdings rallied almost 18% as the chain said that its fourth-quarter earnings would top analyst estimates. Urban Outfitters shares bounced 5% after the company said that its November and December same-store-sales fell 1% amid increased markdowns but that it was well-positioned for the spring. In one bright spot for beleaguered consumers, oil futures, which tumbled more than 12% on Wednesday, continued to drop. The front-month futures contract on the New York Mercantile Exchange was recently down 89 cents at $41.74 a barrel. The 10-year Treasury note climbed 10/32 to yield 2.462%, and the 30-year bond climbed 18/32 to yield 3.016%. There was little movement in shorter-term government paper, however, with the two-year yield hovering near 0.82%. The dollar fell against the euro and the yen. (END) Dow Jones NewswiresJanuary 08, 2009 09:47 ET (14:47 GMT)
Updated level 2 .0012 x .0013 :
PHMB level 2 :
* compensated awareness post see disclaimer
very nice !
The market is now open --->
.0014 's are up
PHMB .0012 x .0013 open
Great morning, Johnny also says so .
* Fib A large number of traders also tend to utilize fibonacci levels when trading. The most common fibonacci levels are typically 23.6%, 38.2%, 50%, 61.8% and 100%. They usually prove support or resist on a stock chart :
Stocks that tend to hold a 50% retracement tend to become bullish. The 50% retracement should also be accompanied by low volume in order to indicate lagging selling pressure. jmo
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Apparently you are not allowed to leave due to PAB-Omerta.
LOL The sandman is getting to me.