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I gave you the very short version.
I'm a former college wrestler and coach, and even at my age most people don't try to physically hassle or intimidate me.
I was on my bike and paused in the middle of the street to stare at the van, rather dumbfounded. Like him or not, support him or not, agree with him or passionately disagree with him, to use that kind of language about the President of our country is disgraceful.
In the military, you salute the rank, not the man.
The van's owner came out on the sidewalk. He saw me staring, and yelled, "Like the van?"
I answered, "No, I do not."
He immediately went emotionally from zero to sixty in two seconds flat, skipping all the normal stages of civilized behavior, and was in a frothing Tea Party rage. He screamed from the sidewalk, "Then you're a Socialist piece of shit too!"
I kid you not.
I wouldn't be surprised if had a gun on him and certainly had one in his van. As much as I was tempted to get off my bike, walk up to him with a big smile on my face, and kick his redneck ass, I just shook my head and pedaled on.
I came back later and took the picture that I posted, then called a friend on the Columbus Dispatch and another at the local TV station, thinking that they might be interested in the picture as a sample of extreme thinking and behavior, but no go.
What has our society come to?
You really have to live in Ohio to fully appreciate what's going on. The lies, the major newspapers printing and endorsing the lies, the phone calls repeating and reinforcing the lies.
A handyman parked his van down the street from me last week. I had a minor verbal confrontation with him and the homeowner that hired him over what was written on the van. I'm going to post it, but I'm apologizing in advance for the language.
A picture is indeed worth a thousand words, and unfortunately this speaks volumes about many people in Ohio and other states:
If I had no previous experience, evidence, or certainty about Romney’s and other Republican’s level of truthfulness, this issue—and this issue alone—would show me without a doubt that they’re a bunch of scheming, power-hungry, disgraceful liars.
Re: HALO- FWIW, doubled my position late afternoon, now in at $5.90 average.
Fingers crossed.
FWIW: I have a small HALO position at around $7.50.
IMO the bottom is in at $3.86. I'm planning on averaging down at the end of the day, low $4's would be fine.
That's a complicated questions (what isn't these days? ) but in general it involves age groups, the policy of the club, the PR importance to the nation (think China and Korea) and the very convoluted relationship between the World Cup & Olympic soccer.
This article might help a bit:
http://www.ussoccerplayers.com/ussoccerplayers/2012/07/basketball-asks-the-olympic-soccer-question.html?utm_source=feedburner&utm_medium=feed&utm_campaign=Feed%3A+Ussoccerplayers+%28USSoccerPlayers%29
Totally OT: Stephanie, you seem to be something of a soccer fan, have you noticed that the US men's team in not even in the Olympics?
A friend just realized that yesterday,and I explained to him that they failed to qualify in the March regional tournament, partly because of poor play and partly because some of the biggest stars were not permitted to play by their club teams.
$140,000 in state aid:
Romney supporters in Ohio who built businesses had government help
http://www.dispatch.com/content/stories/local/2012/07/31/ohioans-who-built-businesses-had-help.html
[This is from my local paper, The Columbus Dispatch, a blatantly right-wing Republican rag, who very reluctantly published it hidden away deep inside. I don't think it got any national coverage, but it should have.]
By Alan Johnson and Joe Vardon
Columbus Dispatch
Tuesday July 31, 2012 7:03 AM
Ohio business leaders recruited by Mitt Romney’s campaign to assert “we built it” have received more than $140,000 in state development aid.
And while the Ohio man featured in Romney’s new Web ad, unveiled yesterday, received no direct government aid in building his business, his company has benefited from millions of dollars in government contracts.
The executives’ comments came in response to President Barack Obama’s remarks this month: “If you were successful, somebody along the line gave you some help. There was a great teacher somewhere in your life. Somebody helped to create this unbelievable American system that we have that allowed you to thrive. Somebody invested in roads and bridges. If you’ve got a business, you didn’t build that. Somebody else made that happen.”
Last week, the Romney camp lined up business leaders across the country to essentially retort: Did too build that!
For instance, Steve Miller, president of Millwood Inc. in Trumbull County, talked about when he began his business. “I couldn’t put my faith in the government or the banks — no one wanted to talk to me.”
A little more than a decade later, however, Millwood received a state tax break of $44,226, records at the Ohio Department of Development show.
Kenneth Seilkop, CEO of Seilkop Industries in Cincinnati, also blasted Obama: “Over the years, we have grown and expanded the company, all at personal risk. During this time, not once did the government offer to bail us out. Not once were we exempt from paying our taxes. To this day, my wife and I, along with our son, personally guarantee all of the finances.”
Seilkop Industries was approved on July 25, 2011, for a state Job Creation Tax Credit worth $29,015 over five years to help the company create 25 jobs, state records show. The tax credits are supposed to start this year.
The president of Service Spring Corp. in Toledo took part in a Romney campaign “We Did Build This” event last week near Toledo. The company received an Ohio Workforce Guarantee in the amount of $70,000 in 2005, the Development Department said.
Chris Maloney, spokesman for Romney for President, responded: “Just as it’s the American people and our businesses which pay the taxes to construct our roads, schools and libraries, they also pour their livelihoods, their credit and everything they have into growing their businesses. The president’s unscripted words illustrate for every American that he lacks not only an appreciation for their hard work, but also knowledge in how the private sector and our economy truly operate.”
Dennis Sollmann, president of Sollmann Electric Co. in Sidney in Shelby County, is featured in Romney’s new ad.
Among Sollmann’s comments: “He was trying to say: ‘Hey, you didn’t build that business on your own. The government helped you build it.’ And that’s what ticked me off more than anything.”
Sollmann Electric has received millions of dollars in publicly funded contracts for schools, colleges and other government entities.
One of the largest was for a project featured on Sollmann’s website, http://www.sollmannelectric.com/. It was a $2.8 million contract for electrical work on a $48.3 million high-school and junior-high-school construction project in St. Marys. The contract was approved by the Ohio School Facilities Commission based on a bidding process. The state picked up $29.5 million of the total cost, with the local district responsible for the remainder.
Sollmann also received state-approved, bid contracts for work on several other primary and secondary schools, as well as Central State University in Wilberforce and James A. Rhodes State College in Lima.
Sollmann did not return a call to his business office seeking comment yesterday.
ajohnson@dispatch.com
...The sheer number of new jobs reflect a company that is confident in its future growth and sustainability.
The true moral of this story: never, ever adopt an alias after a stock ticker.
I am so ignorant I did not understand my own question. But I did learn from the answers.
FWIW: Post from an experienced professional in the field: #msg-77912528
NCE or not, congrats to all holders. (AMRN was my best single trade of 2011.)
NBC, NBC Sports Network, MSNBC, CNBC, BRAVO, Telemundo and specialty networks for soccer and basketball!
A bit complicated, but as an Olympics fan I'm glad they're doing it.
My long-time complaint: too much "up close & personal" human interest stuff and not enough competition. On the other hand, the IMO overly-sentimental background goop is the only reason my wife watches!
The soccer game was telecast today on the NBC Sports Network, a cable channel, don't know what the channel # would be in your area.
But Olympic coverage will be on a few different stations, and yes, it is a bit confusing.
Oof, a Romney campaign advisor again accidentally calls Russia "the Soviet Union."
OT: U.S. women's soccer team beat France with a great comeback, BUT...
They look disorganized at times, if not downright frantic.
Lot's of talent, energy and aggression, but they need more calm and methodical discipline, especially in the later stages of a game.
My pick for gold.
I was replying to your false claim to Dew that the FDA cannot give final approval for an ANDA for a drug that has valid patents listed in the Orange Book
Comic relief from PPHM message board:
I think we should "throw 'em a curve" and induce 3M to partner with us. Then we could license Bavi to all the BP's/BB's who will want to combine it in their drugs to make them more efficacious; e.g., the Microsoft model. Overnight, 3M would become a major medical player
From a seeking alpha piece. I had no idea ASTX was such a compelling buy.
"ASTX has a strong balance sheet, with over $1.25 million in cash per share and no debt"
LOL. Well, you very well may be correct, but my much more pedestrian answer is:
A: 7% in Afghanistan.
Q: What proportion of homes in Afghanistan have flush toilets.
OK, OK, that was a truly terrible Jeopardy quiz, sorry. It was late and I was tired (that's my story and I'm sticking to it.)
And, if you rejected TRGT, for what reasons?
Very interesting, always trying to learn.
Is the study basically saying that as we grow older many—if not most—of our stem cells mutate, but only a very few of them become cancers?
Is this related in any way to Vin & Genisi's spirited discussion about SNPs vs. mutations?
Re NGNM: Abbott owns almost 10% of their shares, and they're hoping to move to NASDAQ soon. Looks like a good deal at this price.
OT: mcbio & turtlepower- Was briefly considering TRGT. For a non-scientist like me, it's eavesdropping on exchanges like yours that's worth the price of admission.
which one is not Scam? you don't control the market and those who control the market will make HEB run in due course of time...Before commenting on my post make sure you understand the market.
Pathetic: The cumulative market cap of France’s 36 biotech companies is only €2.3B:
I own the Medivir ADRs (MVRBF). Much lower trading volume in the ADRs but I had no trouble buying shares when I purchased. You may be more of a high-roller than me though. ; )
Perhaps Dew is correct and Ms. Olek has gone into the lucrative celebrity-double market.
Separately, if you're doing DD on ACHN, are you also doing DD on Medivir?
Even if they had to put back the highest number mentioned by Borja--20%--that would only be about $8 million more.
They had second quarter income of $86 million!
Also, Fannie & Freddie have been singing that "buy back" song for some time now, not just to FBC but to all the lenders. IMHO it would be virtually impossible to unravel that mess in any sort of meaningful way, certainly not enough to determine whose "fault" it was.
Just ridiculous action today, and if my current position was any smaller I would have been adding.
Slow-down Watch
[Perhaps I'm misunderstanding his use of the words economic driver in my bolded selection, but PepsiCo and many other companies still think it's China's consumers.]
https://www.crosscurrentllc.com/uploads/Slowdown_Watch_7-17-12__2_.pdf
Cross Current Research LLC
July 17, 2012
From Tom Larsen
The third annual economic slowdown is well underway. If anything, this one is coming on more swiftly than the previous two, with several indicators rapidly approaching the lows set in the prior soft patches. The likelihood is that a bottom will not be reached until sometime in September.
The disturbing thing about this year’s version is its global dimension. Europe is no longer dealing with a financial crisis only, it is now in the grips of a recession that seems to be getting more severe every week. Meanwhile, governments are continuing to spoon out doses of fiscal drag so the point is surely coming where economic recovery is next to impossible. Even more sobering, perhaps, is the worsening slowdown among the emerging economies, especially China. There simply is no driver anymore for the global economy, which is weaker now than at any other time in this recovery. The global PMI (purchasing manager’s index) has been trending down for two years.
Further risks to the downside for the US include, of course, the prospect of even further declines in Europe and among the emerging economies, the US election and the policy implications coming out of that, the fiscal cliff and the consequences of unconventional monetary policies which, among other things, have created a bond bubble. The bubble will eventually burst as all bubbles do, sending interest rates sharply higher. Finally, the dollar is up 5% year over year, the biggest increase since the 2009 spike and also since the year 2000.
Rounding out the negatives, the manufacturing and non-manufacturing PMI for the US has been trending down since the spring of 2010 and has traced sequentially lower lows in both 2011 and 2012. Capital goods sentiment is also weaker today than either 2010 or 2011 even though cap ex was actually the strongest sector of the economy early in the recovery.
All is not lost, however. The silver lining behind the global slowdown is the sharp drop in global inflation, driven by the slowdown itself and by the fall of oil prices (and despite a breakout in grain/food prices). This drop in global inflation has made room for a global central bank easing cycle. Global short rates have been plunging. Both global inflation and short rates were climbing this time last year.
For the US specifically, the growing strength of the housing market could be a strong positive, critical for holding off another recession. Also positive is the state of both consumer and corporate balance sheets and interest expense coverage ratios. Consumer confidence is materially higher than a year ago, probably due to material improvement in consumer net
worth. Growing bank lending is also a positive. Banks’ willingness to lend to consumers is back to the early 1990s peak. Finally, the non-headline components of the payroll report for June were all positive – household employment, temporary employment, the workweek, hours worked and average hourly pay.
Overall, the US economy is better able to withstand a slowdown today than in either 2010 or 2011, but the trajectory of the recovery has been weakening for two years, and this slowdown looks to be more challenging than the previous two.
In sum, the key risks globally are all government-made – fiscal drag in Europe and the US (the fiscal cliff). The thing to watch is growth in China, another country where the government plays a heavy hand.
For the US specifically the key risks, besides slow growth elsewhere, are also all government made – the fiscal cliff, the bond bubble and policy implications of the election. Things to watch are the key labor stats – claims and payrolls – as well as disposable personal income and spending.
Risk mitigaters [sic] are low interest rates everywhere and housing in the US.
I'm doing some DD on ACHN.
Was it ever determined why Elizabeth Olek resigned as CMO?
TIA.
I understand.
Every honest accountant in every earnings report for every company in the world tries within the limits of mathematics and best accounting practices to put things in a good light. That's the nature of the beast.
Does FBC do this? Of course.
Are they playing games? I don't think so.
The bad news is public record: TARP repayment, bad loans still on the books, the uncertainty of our entire economic situation.
I think that they've trimmed their losses and will continue to do so, have made their whole operation leaner & meaner, will continue to be a turn-around story going forward.
1. Not a conspiracy theorist/MM's/shorters/etc. I just don't think that way.
2. IMO, just traders taking profits.
3. Don't understand what you mean about the earnings number being rigged????? It is what it is.
4. Who knows whether it's repeatable. Probably not this high, but there's no question that they've turned a corner and will be consistently moving up from here.
5. I meant that I'm just going to ignore all the drama for now, have my shares tucked away, will look at the PPS in late December and decide what to do then.
Best of luck!
Just planning on holding my shares until the end of the year, see what happens.
Best of luck.
Sir: May I assume that by asking "were it your followers that made the losses" and warning "you better stay away from the Peregrine board where there are to much knowledgeable people" among other exquisitely eloquent nuggets that your chums chose you as their spokesman because you're their best writer?
By the time it reached .40 I was already so overweight that one more share and I'd have had to file a SEC Form 4 () so I missed that low.
Still looking for $2 eventually, maybe end of year.
Going to be a lot of profit-taking to wade through.
I can't resist:
A: 7% in Afghanistan.
Q: ?
Typo: I meant to say, "I was looking for $0.01."
One cent, not fifteen!
A very, very pleasant surprise.
FBC announces return to profitability.
http://www.marketwatch.com/story/flagstar-announces-return-to-profitability-in-second-quarter-2012-2012-07-17
$0.15! I was looking for $0.1!
Should be an amazing day tomorrow, best of luck to all.
FBC announces return to profitability.
$0.15 per share earnings!!!! Wow! I was half-expecting $0.1.
Boom+++ tomorrow, best of luck to all.
http://www.marketwatch.com/story/flagstar-announces-return-to-profitability-in-second-quarter-2012-2012-07-17