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thanks for the warning.
I have watched metals since around 1980.
Its getting in line with other indicators.
I also believe once the dow blows through 20k, you will see metals eventually go to all time high.
who knows, there is a very small chance silver will hit 500 someday, at least it will before gold hits 5k. IMO
I think its near or at a low. correction complete? dont know.
I could write a thesis on who what where why when on that psychy. I do know one thing, its events like the recent one here that get them going.
I just would like to see WSGI do well, I dont see any big gains in the stock, ever, im beyond that and I think they are too.
runaway gaps often are not filled. GOOG has one since 2005, for about $15 that never filled. APPL has 2, one in 06 another in 09.
sure this aint them, freddie is more profitable, they are in a different kind of business right!
stocks often have gaps that get filled on the way up. you really have to know what is going on before, during, and after.
interesting observation about the 21st trades.
I am expecting 2 things to happen, or not.
the company should be making a PR on the issue at some point, and they should be advising shareholders of what is the resolve and how it impacts business.
this is by all means a material event no matter how the military reacts.
personally, if they have the relationship claimed by many, this should not be a big deal.
for sure, gains today are partially manipulation. I would rather it be down or neutral day going into holidays.
stocks usually do better afterwards for different reasons.
not that this needs any psychological assistance, its a Bull, and as long as you have a hold of the right end, its worth the ride.
no question this event is impacting volume as well as price.
appreciate any insight gained from management on this issue.
not that I want to sell any shares, but I am concerned.
agreed, its an unfortunate event, but may or may not change anything other than a spec going forward.
every stock has its corrections.
I like the DRYS's, its still a critical factor in the economy.
CP, it aint over till I say its over.
FMCC,
financials and gold and silver, all part of the same equation right now.
anyone who says different, dont have a clue or wants to separate them for convenience.
could it possibly get any better here?
agreed, right now equities is where its at. and FMCC is at the top of the list.
I dont see gold at 5k and silver at 500 for at least a couple years. what you see now is a correction.
what you see in FMCC is a recovery after the long overdue correction.
you can laugh, but to me its just a buying opp.
cause it was all manipulation.
what, I would never advise anyone to sell gold or silver. its a time tested conservative investment. its what everyone should have a little of.
buy banks, including bac, fmcc, fnma.
indeed, and Im positive short term, and bought more at 2. all for naught, I hope not.
Elon is bad, as in good.
http://www.businessinsider.com/elon-musk-is-the-worlds-most-badass-ceo-2013-5
Filled. Now its onward.
Elon just put up his money for Tesla, his SCTY is a 2013 winner, he is a hero for investors.
Freddie mac may also be one for the books this year.
Elon is a good man, good leader, and now is reinvesting his money into Tesla. SCTY has nothing to worry about with him running the company. cant say the same for billionaire dogs like Berg.
I think this stock is in an excellerated orbit around OPEX. there were a lot of things going on in the 1.2 to 1.4 range, and again around 1.7 range.
who knows, I do know it looks good for now.
there was a small gap today that didnt get completely filled. if its a runaway gap if may not get filled, if its related to the dump couple months ago it may not get filled. but it may!
It really dont matter, if it stays above $1, it eventually will get away from the shadowy figures in the OTC world once back on the Exchange.
oh I do, I do.
I luv it, awesome.
Huge transaction of 792,100 at 4:03 went through. must be that stuff in da blue?
lol, I dont have a problem. and your accusation I have a comprehension problem is hilarious.
FYI, stating this stock is one of the worst performing I know of on the market, is a statement directly associated with this stock. Understand muchacho.
whatever, it was a rhetorical question, you think you would understand that. geesh, some people.
FYI, other stocks I own are smoking this one, but think it will come together here.
for anyone else, Bought more WSGI today.
All this should have happened long ago. its a no brainer for anyone to own some stock here, its the American thing to do.
back on track it looks like
anyone have any news on company events or anything that directly linked to them?
stock is dumping.
which is bad for every reason other than I dont have to sift through bragging or boasting about how many shares someone has.
no more than an expected pullback. it will rev up again.
you got that straight, its a no brainer with billions in profits each quarter.
really now, I think its more like a high volume day with MM adjustment after the close. happens everyday in high volume stocks that are taking off.
thats all you got, with a 35m share volume day with majority buys, and you point out that!!!
its a tough call, its a very good performing stock. I have seen stocks like this ignore earnings cause its the best in class for those that follow it. who knows, it could correct if earnings isnt what is expected.
they are now selling cells, something Kanode would not do. he snubbed Brammo, dont know how many others, from buying cells. He said something like valence needed all the cells they could get in order to keep up with demand at that time and in the future.
ask them about cells, and why they are doing it now and not before.
cant cancel anything, gov owns preferreds, so do big funds. and you cant just cancel in conservatorship. why would gove cancel anything when they can convert to common and sell at huge profits.
Jim has it nailed, everyone makes out, but the gov dont understand it, they just keep sucking blood from it when they could make hundreds of billions.
"Here's the financial equivalent of the popular Twilight vampire franchise: Politicians are sucking the blood out of resurgent mortgage guarantors Fannie Mae and Freddie Mac rather than returning them in good health to the private sector, where they belong. Washington is using their money in its budget-cap games, leaving the duo in a state of perpetual weakness, like the living dead, imprisoned in the government's ill-named "conservatorship" program.
A number of profit-minded investors that have taken positions in the preferred shares of the formerly distressed mortgage companies are pushing an alternative. The politicians, they claim, are blowing an opportunity both to generate at least $100 billion in deficit reduction from a spinoff to the public and to significantly limit the government's footprint in the mortgage market. Recall that in last month's budget, President Barack Obama took a huge political risk in calling for the sale of the government-owned Tennessee Valley Authority for about $25 billion to help reduce the deficit.
The financial acumen of these investors—which include hedge funds Paulson & Co.; Claren Road Asset Management, owned by the Carlyle Group; and Perry Capital—stands in stark contrast to their seeming naiveté about Washington. No matter how sensible on paper, their investment is unlikely to succeed. As one of my D.C. sources quipped, "Congress can't fix the Post Office, let alone Fannie and Freddie."
I've heard the investors' spiel. It's a good one. They envision two well-capitalized, debt-free, prime-mortgage guaranty corporations operating without government safety nets. Proceeds from the wind-down of mortgage-backed securities now on the books would pay off debt.
The government injected $187 billion into Fannie (ticker: FNMA) and Freddie (FMCC) after their collapse in 2008 in return for special preferred stock. At year-end 2012, the Treasury had received $65 billion in dividends, leaving a balance of $122 billion. The administration estimates that if the two remain in conservatorship for 10 more years, Treasury will get its money back—plus $50 billion—assuming housing's recovery continues. The investors argue that the companies have recovered and, like General Motors (GM) and AIG (AIG), should be turned loose. Based on combined 2012 pretax profits of $28 billion and a conservative 6.5 price/earnings ratio, the two could easily raise $182 billion in the stock market, according to the investors. If the government converted its preferred shares into a 79.9% common stock interest and sold it, then it would receive at least $145 billion. An eight- to-10-times multiple is more likely, generating $200 billion to $250 billion.
Subtracting Uncle Sam's proceeds from a $182 billion stock sale would leave $35 billion for holders of the $33 billion par value in old preferred shares and common stock. If they received their allocation ahead of the common, they'd realize a 100% recovery. Thus, the hedge funds and other vulture investors who bought preferred for $2 to $4 would receive $25, a great payday, to be sure.
Alas, Fannie and Freddie have loss carry-forwards valued at about $60 billion. Left on their books, it's counted as equity capital. The vampires in the administration and on Capitol Hill want Fannie and Freddie to transfer that credit to Treasury for use in deficit reduction. Treasury also continues to sweep capital out of both companies every quarter for its preferred dividends, keeping them weak. And they call this a conservatorship. I call it a vampire's blood bank. "
grasshopper, the gov is the one who put freddie and fannie in the poor house in the first place. they forced them to take bad debt, greenspan was an idiot who helped create the economic bubble.
they are better left alone yet backed by the gov. government never ever ran anything efficiently, they have wasted more money than you and I can make in a million years.
how many BIBs does it take to get through a delicious Maine lobster?
I need to know, cause if things do take off like everyone says, Im gonna order me a couple.
just a little humor, just checking in.
I dont know about that, I do think its worth 5, but the market has not shown 5 or even 3 as a target.
please do, let me know how long it takes to get anyone. I tried calling them over a year ago, many times, looking for answers. it appeared they were too busy preping for BK.
it would be best to ask eye to eye, thats where you get the most return for your question.
I wonder what they would say if asked about debt restructuring, this was the way Kanode put it, no mention or even thinking of BK. then later he was asked if they would ever go BK, he never mentioned restructuring possibilities, and just brushed off the question saying we have a strong IP and other stuff I cant remember about financing.