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“Buy when there’s blood in the streets, even if the blood is your own.“
“Most people only want winners in their portfolios, but as Warren Buffett warned, “You pay a very high price in the stock market for a cheery consensus.” In other words, if everyone agrees with your investment decision, it’s probably not a good one.”
Added few more today at .0313, just could not resist these bargains. 2 and a half days of tax loss selling and on to January effect. And if the news are coming that most are expecting should be nice start of the year as we have a huge buyer to the tune of 4-6 Bln shares as the rumors have it will be trying to cover.
"He who sells what isn't his'n, must buy it back or go to pris'n."
_ Daniel Drew
Long and strong and we will celebrate one day with you!
It’s even excellent on the rocks!
Cheers!
Benny Thanks for the update.
Check out this Mango Tequila, great stuff, bet you’ll like it.
Happy New Year.
https://stocktwits.com/alidare/message/503343685
Maybe this link will work
https://www.yahoo.com/now/fidelity-schwab-citadel-create-crypto-130035044.html
Any news lately on this horizon or got little spoked by FTX saga?
“Schwab, Citadel Securities, Fidelity, Other Wall Street Firms Start Crypto Exchange EDX Markets”
https://www.coindesk.com/business/2022/09/13/charles-schwab-citadel-fidelity-and-others-start-crypto-exchange-edx-markets/?outputType=amp
Yeah, lots of interest in this arena lately.
“Fidelity plans NFT marketplace and financial services in the metaverse”
https://cointelegraph.com/news/fidelity-plans-nft-marketplace-and-financial-services-in-the-metaverse
Lots of talk lately about NFTs , here’s what you need to know….
https://nftnow.com/guides/what-is-nft-meaning/
“Q:Why does Mexico produce so much silver relative to other countries?
A. Mexico is the largest silver mining country in the world, producing 5,541 tonnes (178 million oz) of silver, or 23% of the total mine production and 18% of total silver supply in 2020. Even though silver mining in Mexico goes back thousands of years to the Mayans, and it has dominated modern silver production for hundreds of years, Mexico continues to have some of the best exploration potential worldwide for the discovery of new silver orebodies and the development of new mines.”
https://stocktwits.com/alidare/message/503250816
And 15 years later Cramer still a freak show.
Anyone still listening to that ex hedge fund scammer Cramer? He has confirmed it in the past. Now he claims have gone straight? LOL.
“But the more I thought about Cramer, the more I realized that pointing out that he gives terrible investment advice would be like pointing out that the sun rises. Worse, I would be dismissed as a wet blanket who didn’t get that the point of Mad Money was just to have a bit of ironic fun. I mean, of course Jim Cramer gives terrible investment advice —we all know that, right?—and we only watch the show because, well, because he does possess a certain bizarre type of market and entertainment genius—if there’s a pundit out there with more opinions about more stocks, I’ve never seen him—and he’s irreverent, madcap, and, yes, even brilliant, in an idiot-savant, freak-show sort of way. (Moreover, Cramer is mesmerizing reality TV. Admit it: You watch because you wonder if this is the night he finally has a heart attack, kills someone, or explodes in a tirade of expletive-laced slander.)”
“Reviewing the list of common Mad Money show segments (Stump the Cramer, Am I Nuts?, Pimpin’ All Over the World) and sound effects (squealing pigs, a wrecking train, a toilet flushing, a screaming man falling out a window and then crashing on the ground), I realized that, yes, I was taking Jim Cramer waaaaaay too seriously, that his nonstop comedy routine about being a brilliant and respected investor and making everyone rich is just shtick, and that there couldn’t possibly be a Mad Money viewer who actually believes that he provides intelligent advice.”
https://slate.com/culture/2007/01/why-you-should-never-take-jim-cramer-seriously.html
Many investors here might not be as smart as Mr. Wonderful……but at .04 willing to take a gamble.
"Shark Tank" investor Kevin O'Leary, while discussing fallout from crypto exchange platform FTX's bankruptcy, explained how he went from calling crypto "garbage" to it causing the "murder" of his money. “
https://www.foxbusiness.com/media/shark-tank-star-kevin-oleary-changes-his-tune-ftx-crypto-disaster-murder-of-my-money.amp
Time to audit these market makers, specially the ones “providing liquidity” by naked shorting to death and not even paying taxes on their un closed positions….
“Certain related-party entities were the initial liquidity providers and participated in a majority of the market-making transactions at the inception of the exchange. Over time, other liquidity providers joined the exchange, and the percentage of trades involving related parties has decreased as a percentage of total revenue. The related entities do trade for their own proprietary purposes on non-market making transactions.”
https://www.coindesk.com/layer2/2022/11/18/a-complete-failure-of-corporate-controls-what-investors-and-accountants-missed-in-ftxs-audits/?outputType=amp
Lots of talk about the audit, yeah, FTX was audited and not much talk about it.
“You can’t get blood from a turnip, but you can get money out of an audit firm,"Knechel said.”
Auditors are required to maintain a “professional skepticism” of their clients, including alertness to error and fraud, the investor’s lawyers wrote in their complaint. “Neither Armanino nor Prager Metis did so here.”
https://news.bloombergtax.com/financial-accounting/ftx-collapse-puts-auditors-in-crosshairs-of-clients-regulators
Gold backed crypto, best of both worlds.
Timing is everything.
https://stocktwits.com/alidare/message/503217140
“Citadel CEO Ken Griffin has been highly critical of the FTX collapse in recent weeks.
The Wall Street executive has claimed that FTX is ruining trust among young investors in all markets.
However, one executive links Citadel and FTX.”
“Before moving into his position at FTX, Harrison spent two years at Citadel Securities, Griffin’s market-maker company. Here, Harrison took on two roles — as head of exchange-traded fund (ETF) technology and head of semi-systematic technology. In these roles, Harrison would lead Citadel Securities teams in managing quantitative trading strategies and increasing the company’s profits through optimization.
These skills would lend themselves favorably to Harrison as he departed Citadel Securities — right in the middle of its controversial role in the GameStop (NYSE:GME) saga — for a job at FTX.US. Harrison would become the first president of the U.S.-based company, reuniting the executive with Sam Bankman-Fried for the first time since the pair worked at Jane Street together.”
“Similarities Between FTX and Citadel Go Deeper
Harrison is just one common thread linking FTX and Citadel. Indeed, the line between crypto and Wall Street continues to blur. But Citadel CEO Ken Griffin seems to think the FTX saga has accelerated this collision of two worlds even more.…….”
“In sum, Citadel and FTX bear similarities. They are caught up in controversy related to market frenzy, and one executive left his mark on both…….”
“Comedian and political commentator Jon Stewart began speculation on his podcast, where he discussed FTX and immediately called forward the implications for companies like Citadel. “How is [FTX’s business] any different than Ken Griffin running a hedge fund at Citadel and also being the most gigantic market maker that we have?” questioned Stewart. Since these comments, comparisons of Citadel and FTX have run rampant across Twitter.”
https://investorplace.com/2022/12/one-man-connects-ftx-citadel-and-the-crypto-market-crash/
El Torro might be really genius, buying all these gold mines in Mexico while gold is still cheap.
Based on this year price action it looks more like short and distort.
Wonder how’s that Kenny’s and the boys exchange working out.
https://www.coindesk.com/business/2022/09/13/charles-schwab-citadel-fidelity-and-others-start-crypto-exchange-edx-markets/?outputType=amp
The ones who sold at .60 and still holding in the bank might be the smart ones for now, there might be few who have sold at the high yet rolled their money to such high flyers as VYGVQ , RIOT, MARA or few other high flyers of yesterday’s. This play is not over yet for long term investors.
Merry Christmas Benny and the bAABBoons…
https://stocktwits.com/alidare/message/503078910
Merry Christmas
https://stocktwits.com/alidare/message/503060041
Merry Christmas Benny and assistants, keep the DD coming.
https://stocktwits.com/alidare/message/502877530
This might have nothing to do with AABB as some here claim there’s no gold there but nevertheless interesting read for these who are believers in the future of gold and company vision.
https://www.cnbc.com/2022/12/22/gold-at-4000-analysts-share-their-2023-outlook-for-prices.html
Eh, look at the volume, someone’s trapped. C’mon, dig that hole deeper.
Could the January effect +++ be imminent.
Nice option like play here for these who did their DD and still believe.
Getting interesting
They are working to have everything up to speed when all pieces of the puzzle implemented.
“Asia Broadband Inc. (OTC: AABB) (“AABB” or the “Company”) is pleased to announce that the Company has retained a cryptocurrency, blockchain and cybersecurity expert to enhance the architecture, functionality and management of the AABB Exchange to expedite the achievement of operational milestones. The extensive project management experience specific to blockchain platforms and networks now added to the Company’s digital asset development group is expected to enhance the Exchange operations significantly. Several analysis and assessment reports have already been completed to facilitate the plan and execution of Exchange efficiencies and advancements.”
“We are elated with the progress that our Exchange group has realized already by the additional expertise and leadership now in place. Our Exchange operations are advancing rapidly to achieve our core objectives of a robust, efficient and user-focused Exchange with premier security for our users and token holders,” asserted Chris Torres, AABB President and CEO.”
https://www.globenewswire.com/en/news-release/2022/08/02/2490327/0/en/Asia-Broadband-Adds-Cryptocurrency-and-Blockchain-Expert-to-Development-Team-to-Accelerate-AABB-Exchange-Operations.html
Very interesting…..
“First Majestic Silver Corp. is a Canada-based company that is focused on silver and gold production in Mexico and the United States. It owns and operates the San Dimas Silver/Gold Mine, the Jerritt Canyon Gold Mine, the Santa Elena Silver/Gold Mine and the La Encantada Silver Mine. The San Dimas property contains 71,867 hectares (ha) of mining claims located in the state of Durango, Mexico. The San Dimas mine consists of five ore zones: Central, Sinaloa Graben, Tayoltita, Arana Hanging Wall, and San Antonio West. The Santa Elena Silver/Gold Mine is located approximately 150 km northeast of the state capital city of Hermosillo, Sonora, Mexico and is comprised of mining concessions that totals 102,244 ha. The La Encantada Silver Mine is located in northern Mexico, 708 km northeast of Torreon, Coahuila and encompasses 4,076 ha of mining rights and 1,343 ha of surface rights. The Jerritt Canyon Gold property is in Elko County, northeastern Nevada and contains 30,821 ha of mining claims.”
Benny are you talking about Silver Keith?
Hmmmm.
Interesting.
Hope they hold all the good news till after New Year. Would be waste to use it helping tax loss sellers and Hedges pounding shares to show how great their performance was for the year end books.
Bulls are still accumulating these discounts and waiting PayTiently for the “Phase 3”.
This is the only news we need in the next 8 trading days:
“A wonderful holiday season to you, and let's hit 2023 out of the ball park!”
200,000 X .037 = $7400
Without the note holder there might have not be this company. Since the company changed directions about 4 years ago from Broadband to Miner they never went for secondary financing. Somehow the bills are being paid. I read somewhere that note holder is friendly. Is it possible? Guess will find out soon. As we are approaching the end of tax selling season and entering January effect I can easy see 10 bagger from here. I’m personally here for much more but traders should be happy entering here. This week I’m looking for at least message from the company…….
“A wonderful holiday season to you, and let's hit 2023 out of the ball park!”
Might be the dynamics of human behavior…….
https://stocktwits.com/alidare/message/501998373
$AABB $AABBG.X
It’s 7 trading days left till Christmas, still little time for El Torro to bring it!
“Lastly, AABB management anticipates *****revisiting the audit process*****for the Company later this year. The general corporate goals are to realize increased revenues in all segments of operations to the sufficient levels *****required to qualify and apply for a major exchange uplisting.*****”
https://www.globenewswire.com/en/news-release/2022/02/02/2377912/0/en/Asia-Broadband-Corporate-Update.html
“Furthermore, as the Company continues to execute its business plans and increase revenues and net assets, management anticipates the market will acknowledge the share value in AABB. *****A major announcement***** supporting the Company’s path to growth is expected in the coming weeks.”
https://www.globenewswire.com/news-release/2022/11/03/2547597/0/en/Asia-Broadband-Mining-Operations-Growth-Initiative-Sets-Path-to-Double-Net-Assets-to-200-Million-By-2024.html
Might hand nothings to do with this stock but some are claiming it’s happening out there. Short and distort, spoofing. Etc…
“Citadel Securities Is Accused Of Illicit Trading Tactics; Here’s What You Need To Know”
https://www.thestreet.com/memestocks/.amp/reddit-trends/citadel-securities-accused-illicit-trading-tactics
Maybe the naysayers could provide the original terms of the note? Would love to see it. Yet it did not bother Martin of Bonanza who took $4 million worth of restricted shares at .18 around the time of closing of the deal and Chris and BOD took preferred none convertible shares to the tune of $2.8 mln at .10
Never seen so much concern before about .04 cents stock.
You think SBF will survive till February in Bahamas prison? Ain’t pretty situation there from what I heard.
Lots of chat here about “pump and dump”, how about them…….
He calls this phenomenon “short and distort.”
https://www.wmicentral.com/opinion/editorials/doj-investigations-raise-concerns-over-short-seller-reports/article_d5090173-50ff-557e-9860-571a273babe8.html
It’s quiet on the exchange now as they might want to make sure everything is up to upcoming regulations so we just need to be patient. Just remember what happened to NSAV when they rushed with their project, you might not get a second chance.
“Asia Broadband Inc. (OTC: AABB) (“AABB” or the “Company”) is pleased to announce that the Company has retained a cryptocurrency, blockchain and cybersecurity expert to enhance the architecture, functionality and management of the AABB Exchange to expedite the achievement of operational milestones. The extensive project management experience specific to blockchain platforms and networks now added to the Company’s digital asset development group is expected to enhance the Exchange operations significantly. Several analysis and assessment reports have already been completed to facilitate the plan and execution of Exchange efficiencies and advancements.”
“We are elated with the progress that our Exchange group has realized already by the additional expertise and leadership now in place. Our Exchange operations are advancing rapidly to achieve our core objectives of a robust, efficient and user-focused Exchange with premier security for our users and token holders,” asserted Chris Torres, AABB President and CEO.”
https://www.globenewswire.com/en/news-release/2022/08/02/2490327/0/en/Asia-Broadband-Adds-Cryptocurrency-and-Blockchain-Expert-to-Development-Team-to-Accelerate-AABB-Exchange-Operations.html
"He who sells what isn't his'n, must buy it back or go to pris'n."
_ Daniel Drew
https://stocktwits.com/alidare/message/501353715