The more assumptions you have to make, the more unlikely an explanation is.
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Lol, so true!
No way to know for sure, seems criminal are, if nothing else, clever.
Yeah over mine too, but point is the holders of toxic debt still need to convert to tradable securities and looks like their avenues to doing that are getting shut down. A trend that I hope continues.
From the article “That decision was based largely on several issues, the key being that a convertible note is not a security that would allow an opinion to clear stock under a Rule 144 exemption.”
“A convertible promissory note is a debt instrument that is convertible into equity at a future date either automatically upon the occurrence of certain events or at the choice of the investor.”
The point of that last quote is toxic debt holders rely on driving pps to nothing to get paid. They will have to behave and work for better sale prices if they want to get paid.
Well, as of Friday, April 13, 2018, one of the last major clearing houses, ALPINE, is going to make it near impossible to process stock from convertible notes from issuers trading sub-penny (most are sub-penny after being pummeled by toxic convertible notes).
“Turns out that Friday the 13th is also unlucky for toxic convertible note-holders! I have been warning the toxic convertible note industry that there was going to be a reckoning with regard to how they lend money to microcap OTC Markets companies, and now, it seems that the chickens are coming home to roost.”
Not I, good idea though.
When I read “Choppy markets” I thought volatility. Traders moved into trades that allowed for participation in market volatility. Just a guess, I really don’t know.
The article is not written for detail.
That last paragraph in the article is about the industry, not just Black Rock.
"Asset manager beats estimates driven in part by lower tax rate" Article is short on details, other parts of BR biz are not accounted for.
Where did the money go? Says "Choppy markets spurred traders to devote less cash to ETFs and some moved into lower-cost products." So "lower cost" are defined as:
"ETFs charging 0.2 percent or less have accounted for 82 percent of the industry’s net flows this year, up from 77 percent in the fourth quarter, according to research from Bloomberg Intelligence."
$MSMY, on the cusp!
Another good day. Maybe getting some traction.
Awesome day here! $$$
W00t w00t!
Good things happening.
Very interesting with the solar AC unit. I want one! lol
3D bridge-
This steel bridge was 3-D printed in midair. pic.twitter.com/Qtb9G2bdlr
— CNBC (@CNBC) April 9, 2018
"I speak cheap mixed slang American english" guess so, to me sounds like english is your 2nd language.
Hear! Hear!
My post was a statement of intent, not a question. I do appreciate your thoughts though. :)
What was your first language? If you don’t mind that is. Anyone that can speak/write one language well is to be commended, two or more is awesome.
Under $6
This is doing great! Over time the 10 day SMA could become support. jmo
Subject to news etc
AWESOME!!!!
I wonder if HR has checked this out: https://www.hireheroesusa.org/
That was a little gap at 1.10.
Thanks! I did not expect this. Can other small industrial vehicles be far behind?
Plug Power Increases Fuel Storage, Runtime By 56% in New Fuel Cell Product for Industrial Mobility Market $PLUGhttp://www.seekingalpha.com/article/17118235
LMAO
I spent a little time viewing 5 stocks in the P10 sector, looking for correlations in valuations. The companies vary in size so the process was a little lumpy (verging on worthless). I thought it would be interesting if there was some harmony in MC as % of AUM, as importance of AUM stands out for the sector. It was lumpy in the extreme so my magic bullet failed lol.
I was happy to see PIOE was willing to point to .22 eps in H2. Of the 5 companies I looked at the p/e TTM was not the least lumpy. The high was 9.60 low 6.82 with 3 companies in the 9's.
Fun with numbers on a bit of a forward looking basis. Also assuming eps remains .22 Q to Q and there is no particular value added to p/e for the zoom zoom of early growth (an effort on my part to be conservative):
$1.50/.22= 6.82
$1.50/.44= 3.40
$1.50/.88= 1.70
$5.00/.44= 11.36
$5.00/.88= 5.68
$7.00/.88= 7.95
This data brought me down on the hold side. Another consideration being a tightly held OTC can be a very good choice if the indexes start pitching fits in H2.
Ok, thanks.
No not entirely, but yes they invest in their offered funds. So as the funds grow they then collect a fixed amount of an ever increasing pie, to a point, not just the gain on their investment. I'm trying to see what the advantage is for P10 other than a return on what P10 contributes, else what is the point?
"P10 will augment the RCP principals’ investments in new funds with P10 funds". To clarify, are RCP principals (which P10 is not) capitalizing new private equity funds that are then sold to individual and group investors, thus creating another income source as the fund grows? P10, as cash accumulates, will be able to also fund the funds of the RCP principals’ investments. So in the end they are getting a fix % of a growing pool, that they also happen to have some money invested in? Hope this is clear.
Yes! And I'm tickled pink, lol.
So Kaiser doesn't work through the exchanges somehow? How does CA deal with those whose income is over medicaid limit and none available through employer?