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It bounced alright. This symbol is like a kid on a trampoline. I missed the bottom for a dip load. Oh well. Chased it a a few cents and then my intuition told me to back off. No reason to chase on no news.
I added a small position awhile back. I'm in the red now. Thinking of averaging down now. Will see what happens Monday. I like this pick for a number of reasons. Several other gaming stocks are much higher than BYD.
Okay rocco2, I agree. Jackass may be a better word! LOL
I've been watching him on and off for a few years even though I had no skin in the game. He seems to be good at pointing out stocks that have already taken off. Give me some value investments Jim. Tip me early. Of course, like iHub, one must be able to sift through all the chaff to find one measly grain that may sprout.
Just MHO. More and more I find his show difficult to watch.
Cramer is an idiot. I'm glad he's jumping on AAL now but I think savvy investors will take him for what he really is, an entertainer.
Whenever anybody gives me a hot stock tip, I immediately google "SYMBOL pump and dump". That pretty much answers the question right there whether I want to commit time to due diligence or just say "thanks but no thanks."
Entry point nearing? No PR yet on clear expansion plans, locations.
The next GRLT? Buahhaahhaaahaaa. Funny you mention GRLT with GAMN. The same idiot who suckered me into GRLT was also pushing this dog. I got in and out of GRLT quick without losing any money. I was lucky. Run away from this turd as fast as you can. There are better value stocks out there. Do your own research.
And those 4:1 shares will be worth less than they were worth on 8/10. Scam stock. I got sucked into it on the upswing. Was fortunate enough to get out before losing. I don't know why my sell order filled but it did. I thought I was going to the tank with all the rest of the suckers.
This is a dog folks. It's going to the cellar.
Nice work if you can get it. Half a million for doing what? Plus stock options. Where do I sign up?
You're on your own with that one. It's a stinky pinky. No requirements for honest disclosures. Short of going to their HQ and poking around yourself, you can only rely on what others say.
Google "BLDW pump and dump" and you will get a lot of returns that should make you shy away.
There are some worthwhile penny and OTC stocks but most are scams and pump and dumps designed to take the money of retail investors.
Don't invest any more than you can afford to or be willing to flush down the toilet. Odds are that's what you would be doing. There are a lot of other speculative stocks out there that have a better chance of paying off than this stinky pinky.
Caveat Emptor and GLTY.
I'm wondering about STCG and LTCG tax on this one. What will the date be? Will the IRS consider conversion dates or original purchase dates?
True dat Ralph. I have a few more years here and then I'm out like a scout. Funny how those that are here want to get out and those that aren't want to be here. To keep it on topic, when I leave, I will be flying away on AAL! LOL
It's been raining for the last week. Weird winter weather here. But yes, plenty of sunshine in the making.
$30?? We're almost there now. Good earnings report and we blow by $30 like it a Hot...Rod....Lincoln.
Below a penny in a week or two. Run away now folks. This one is going nowhere.
Two words, stinky pinky.
Two more words, pump dump.
Did you read the link? There are basically NO residents besides the elected officials and City employees who probably don't even really live there anyway. So yes, more than likely the people showing up at the meetings don't even live there.
It would be interesting to know, given the history of corruption in Vernon, if any of the public officials there are XIDEQ shareholders.
I was poking around looking for info on the Vernon lawsuit. The City of Vernon has some rather interesting history.
http://en.wikipedia.org/wiki/Vernon,_California
That's what I was thinking. It appears they are forecasting a portion of the conversion. Strange. I'm not sweating it though. I need to hold to avoid STCG anyway. Even then, I may add on a dip or two here and there. We'll see. Right now though, AAL is going bananas.
Anybody here with a TD account seeing some strange numbers on their various pages? I saw a nice green increase in value earlier today. Just looked and it is over 10x what it was earlier.
I'm thinking the bean counters are looking like hamsters on the wheel these days! LOL
Let's not upset these people, the company that is. They are working to assure that shareholders receive their bounty. Do you not think that many of the employees were also shareholders?
It's all in the POR. I have read some of it but not all of it.
Relax folks. You will get your shares.
Just logged on to my TD account. Can't figure it out and I'm not even going to try. As mentioned previously, we all just need to let the bean counters settle the dust.
I see a rather significant increase in my balance but when I go to the gain/loss page and try to reconcile where all the money is coming from, I see nothing that makes any sense. Still showing an unrealized loss on AAMRQ and no gain on AAL.
Wait...just checked again. The loss on AAMRQ is gone. Still no gain on AAL posted. The computers are working OT on this one.
Stay long brothers and sisters. It takes a while for them to print this much money!! LOL
Trade safe y'all.
I'm not sure prayer or hope can help. Wall Street doesn't work on those principles. It's all in the POR papers.
On my TD account page "Unrealized Gain/Loss" page, I see 6.65% of my AAMRQ shares are now AAL. They don't list a value. It then shows all of my AAMRQ shares in the red, as a loss (don't panic, remember what page this is on).
On my Balances & Positions page, I show zero shares of AAMRQ. However, my account balance is the same (+/- my other holdings) as when AAMRQ stopped trading.
I'm pretty sure these transactions take some time to settle. No panic here.
All Qs are not alike. Your own DD is important here. I have relied a little on those here and have done my own research. XIDEQ is a hard "maybe." Just like AAMRQ, it's important to look at the market for their business. Lead acid batteries have many advantages to other power storage devices. They are also, in some respects, dinosaurs in the industry.
That being said, I have not bought in yet. I have had several lowball bids that were never filled. I'm watching closely.
DO NOT commit a fatal error and assume that because another one of your Qs did well that this one will too.
I'm a relatively new investor. As a fan of underdogs, I have taken a liking to Q stocks. I also like playing Let It Ride in the casino. Best odds for table games and I once won over $1000 on a cruise ship with 4 Aces. That doesn't mean I expect to win every time I sit down at the table.
GLTA
Peak demand cycles are more of an issue with commercial accounts than residential. A homeowner can certainly find savings in reducing peak demand spikes but commercial/industrial concerns can find much larger savings. Power generation is finite. Stations can only produce so much. AC cannot be stored without a DC source that must be converted.
Several utilities in the northeast built reservoirs to store "power" during the night when load was light. They would pump water to elevation at night. During the peak hours, the water would be released to water turbine generators in order to make up for increased demand. It was a brilliant engineering feat.
I don't understand the options market very well. In fact, I don't understand it beyond just the basics of how the contracts work. I can't help but think that there is some trading going on to manipulate options contracts or cover options contracts. Even though I would like to get a few more shares, I won't chase the ask. Would like to see LCC take off as that would be a better scenario.
I'm good right here being a pig and getting fat. Don't want to become a slaughtered hog!
What's going on with this company? No real PR since the IPO.
Shit always rolls downhill right? Ultimately, the consumer will pay of course, in one way or another. The company is responsible to the owners, not the consumer. I understand that.
That makes sense.
Trying to remember my accounting classes but cannot. Let's say a company is faced with a fine of some sort (SEC, EPA, whatever). The company states "this fine will not be passed on to consumers, it will be paid from owners' equity." Okay fine. How does that transaction actually happen? Where is it accounted for on the books? Sounds basic I know but for the life of me I can't put it all together.
Here it is. In the future, google the WSJ headline then click the link. No login required.
US Airways Group Inc. LCC -2.09% Chief Executive Doug Parker was checking email at his home in Paradise Valley, Ariz., early on Aug. 13 when he received a terse message at 6:43 that his company's planned merger was in serious trouble.
Mr. Parker had been engineering the combination with American Airlines since soon after its parent, AMR Corp. AAMRQ -1.88% , filed for bankruptcy protection in November 2011. Now the Justice Department was suing on antitrust grounds to stop the biggest merger in airline-industry history.
"Business people aren't supposed to be surprised, but we were absolutely surprised," Mr. Parker says. The suit gave rise to "one of the hardest management situations I've had to work through."
In his first extensive interview since the skirmish with the Justice Department began, Mr. Parker says overcoming the government's objections was only part of his challenge. He also had to persuade executives and employees at both companies—and even his own wife—that the deal would go through. And now, that the deal has been cleared, US Airways already is working to take some of the starch out of American's buttoned-up corporate culture.
US Airways CEO Doug Parker, left, and AMR chief Tom Horton addressed the Senate Judiciary Committee in March. Bloomberg News
Mr. Parker and his colleagues reached a settlement with the government on Nov. 12 that will let the deal close next Monday. Mr. Parker will take the top job at the new American Airlines Group Inc., which will become the world's largest carrier by traffic.
The 52-year-old Mr. Parker, who started his airline career in 1986 in American's finance department, is the longest-sitting CEO currently running a U.S. airline. This will be his second merger, following the 2005 acquisition of US Airways when he was running America West Airlines.
Mr. Parker's team is experienced in merger integration. And "We've seen what other airlines did," he says. "But it's really difficult work. We're doing everything we can to do it as well as possible and not cause disruption to our customers."
The highest risk is moving US Airways to American's passenger reservation system, the nerve center for everything from passenger bookings to check in and frequent-flier accounts.
The new American Airlines Group will be the world's largest airline by traffic.
The airline will have 100,000 employees.
It plans 6,700 daily flights to 336 cities in 56 countries.
It will have nine U.S. hubs.
Management plans to generate $1 billion of net merger efficiencies though cost savings and revenue enhancements by 2015.
"It's an enormous endeavor that we didn't manage as well as we liked at America West-US Airways," he says. Their systems integration was marred by late flights, computer glitches, nonfunctioning check-in kiosks, mishandled bags and customer complaints. The problems took months to resolve.
The longer-term challenge now is bridging cultural divides. There are stark differences in management style, Mr. Parker says. between US Airways, which is based in Tempe, Ariz., and AMR, of Fort Worth, Texas.
"Most of them are long-term American employees who haven't worked outside, which is both a plus and a minus," he says. "They are much more focused on structure and process, and the US Airways team less so. The American team makes sure everything is really, really ready to go before they pull the trigger. We have a bias for action with less preparation."
Mr. Parker says he saw an opportunity immediately when AMR filed for bankruptcy two years ago. He long had thought that a combination made sense and would offer a way to compete with bigger, already-merged rivals. Bankruptcy protection meant AMR's outsize costs would be addressed and potentially create a stronger competitor to US Airways. "We knew we didn't want to sit around" and watch the larger airline restructure.
But he had to persuade other people, including a reluctant American management. American's unions came around first, then its creditors. Finally in the fall of last year, AMR's directors and CEO Tom Horton agreed to examine a merger.
The airlines agreed on a stock swap—valued at nearly $18 billion based on US Airways' share price on Friday—in February. The combined management team and a new board were selected in June, with Mr. Horton tapped to serve as nonexecutive chairman. The airlines aimed to close the deal in late August.
When US Airways' board approved the deal, Mr. Parker told them, "Not once did we wake up and get an emergency phone call about something we didn't expect," he recalls. "Our advisers gave us good advice along the way."
Then came Aug. 13 and Mr. Parker's email from Paul Denis, an antitrust lawyer for US Airways at Dechert LLP. A flurry of telephone calls ensued.
"We knew it was a possibility," Mr. Parker says of the government's challenge. "We'd been talking to them and they never said, 'Don't worry.' But we had five senior lawyers working on this thing and they never thought we'd be sued."
The Justice Department "came out with extremely bold, black-and-white statements that the only answer here was a complete injunction. Full stop," the CEO said. "They didn't want to settle."
Beyond their response to the government, Mr. Parker and his colleagues had to quell anxiety within. Executives who hadn't been chosen to work for the combined company needed to stay on to run the separate airlines. Some of those people wondered if they should have new hope. And executives who had been looking forward to the merger thought, " 'How do I go back to this world I'm less excited about,' " Mr. Parker says.
Mr. Parker insisted that the integration planning teams continue their work. But some American employees thought that was futile and wanted to craft a new plan in case the company had to emerge from Chapter 11 alone.
"American had two primary goals: to run a great airline and get out of restructuring as soon as possible," an AMR spokesman says. "If the lawsuit meant we were not coming out…in the near future, we still had to run a great airline."
Mr. Parker feared the deal could unravel.
"We wanted to keep the excitement and momentum going," he says. "So we kept showing up at [AMR's] headquarters, even though we weren't invited. It was uncomfortable and awkward."
" 'We can't look like we don't have confidence,' " he recalls thinking. "It was fragile enough that if we had let it, it would have fallen apart."
His wife, Gwen, had already moved with their two youngest children from Arizona to a furnished rental home in a Dallas suburb. But she asked whether she really needed to get a Texas driver's license. " 'It's bad karma if you don't,' " he told her.
Mr. Parker says American's Mr. Horton has been "all in" since the two boards agreed to merge. "Tom had to call his team, many of whom were making big decisions about their future that didn't include working at American Airlines. [He told them], 'We can't have this company not being managed. You have to re-engage.' "
Initial settlement offers to the Justice Department went nowhere. But as both sides prepared for a Nov. 25 trial, renewed talks led to November's agreement. The Justice Department says that the concessions the airlines made—ceding slots and gates at several busy airports—will allow discount carriers to expand, fostering competition.
The more-relaxed US Airways already has made a mark on its merger partner. American recently dropped its strict dress code for what employees may wear on flights when they are traveling off duty. Shorts were barred except for children 6 years old and younger, as were leggings, T-shirts, warm-up suits and other casual wear. "Now you can wear nice jeans in first class," Mr. Parker says.
And US Airways' companywide Halloween celebration, in which executives dress up as pop stars and perform skits for costumed employees, will be rolled out in Fort Worth.
"We do complain about it, but it's a great event," says Mr. Parker, whose birthday is Halloween.
"It helps all the employees see us out making fun of ourselves," he says. "People bring their kids. It helps create more of a family."
Labor is recommending the merger.
He bought 5000 at .75. That's a high roller there!!
I'm a new investor in this $ROX. Unfortunately, I didn't call the bottom and am down a little. No worries here. I like the company. As has been said prior, would like to see a single malt or two in their inventory.
It's really not a great comparison but Diageo is trading around $129. So there is money in booze.
And I love myself a dark and stormy.
I'm relatively new to this thing rocco but here are my thoughts based on my research. I don't think a chart is really indicative of what will or could happen with AAMRQ in the near term. It is a Q stock. Sure, there is a tentative settlement that looks golden for shareholders. Until it really happens, there will be speculation. There will be those that get jittery and bail out.
I got in late, avg PPS just under $3. I'm long and I have a relatively small position. Regardless, I'm holding for a couple reasons. I believe that the merged symbol will fly (pun intended). I also need to avoid the gains tax so I have until well into 2014 before I divest, if I do. The chill period for current AAMRQ shareholders, as I see it, is a good thing. If current holders don't like it, they can get out. Me? I'm staying.
The PR says it is a private company. I need to read it again but it looks as though Langer is involved too as he is with NVIV.
That was some good fiction there. I still believe in this company, their vision, and their science. A few principals have reputations to uphold. Unless they have made enough on their holdings and are willing to abandon their reputations, I don't see NVIV as a scam. There is a lot more to this story than most will know. Somebody needs to get a bottle of scotch, or whatever, and have a conversation with Frank.
I'm also wondering how many cars will have personalized tags "AAMRQ" or "THX AAMRQ".