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Nice! My CSCO Jan $41c didn't move yet from .05 entry
Thankfully I had some NTAP Jan 55c to off-set... went up about 2200% today from my .05 entry point, not even in the money yet. Will sell 20 percent tomorrow and ride the rest through tax reform roller coaster!
My guess is some of these earnings reports are coming out better than expected because companies may be anticipating their repatriation windfall and getting more aggressive with earnings reporting??? Whatever, I'll take it!
Could be an interesting month ahead!
CSCO looks like buyback is indeed the plan, pending tax reform
https://www.bloomberg.com/news/articles/2017-11-15/cisco-sees-first-revenue-growth-in-eight-quarters-shares-jump
Could be real nice given overseas holdings equal 37 percent of current market cap... bring it back, buy it back
I'm in on Jan calls
Hopefully you're in the money by tomorrow!
Looks like csco may start to move sooner than I expected... good earnings report today and after market action up 2 bucks... if tax reform goes through, to the moon with this one
Thanks for sharing this analysis
Is csco the best tax reform play out there?
Overseas holdings equal to 37 percent of market cap
Repatriation funds would be used for buybacks, dividends, etc
P/e about 20
https://www.cnbc.com/2017/09/26/goldman-these-companies-are-headed-for-a-big-tax-break-on-overseas-cash.html
https://www.cnbc.com/2017/09/26/goldman-these-companies-are-headed-for-a-big-tax-break-on-overseas-cash.html
https://www.msn.com/en-us/money/news/with-dollar70b-in-cash-cisco-still-looking-for-repatriation-holiday/ar-AAqgbly
Is CSCO the best tax reform play out there?
Overseas holdings equal to 37 percent of market cap... that could fuel quite the buyback program
https://www.msn.com/en-us/money/news/with-dollar70b-in-cash-cisco-still-looking-for-repatriation-holiday/ar-AAqgbly
I hope that congress pubs get on the same page... dec 15 might be okay
I bought 200 CSCO call options for Jan at strike of $41 for .04 per share
Kind of risky but I had some luck with a similarly structured call on QCOM that I already cashed half out at 4000 percent thanks to broadcoms takeover bid
NTAP is another I have for Jan
Good luck!
Anyone looking at calls on CSCO in light of tax reform?
They have 37 percent of their market cap overseas, which could flood back in the form of dividends and buybacks under forced repatriation at discounted tax rate
https://www.cnbc.com/2017/09/26/goldman-these-companies-are-headed-for-a-big-tax-break-on-overseas-cash.html
https://www.cnbc.com/2016/12/07/cisco-ceo-if-we-could-repatriate-wed-do-a-combination-of-dividends-buybacks-ma-activity.html
That would be in addition to reduced corporate tax rate on profits going forward
Current p/e is not as absurd as some other stocks
Seems like a sleeper with huge upside if reforms passed
Just not sure how long to place the call
not looking good here...
http://www.nfa.futures.org/BasicNet/Details.aspx?entityid=e4C4hJiOB6M%3d&rn=N
Under Paul's profile...
141 CAPITAL INC
• PRINCIPAL WITHDRAWN 04/03/2010
• ASSOCIATED PERSON WITHDRAWN 04/03/2010
• NFA ASSOCIATE MEMBER WITHDRAWN 04/03/2010
can anyone explain that???
I'm down 99% in my investments in Spooz and 141 Capital.
I don't know if they're crooks, but they sure are misleading with their PRs, and they seem to rely only on selling shares to ignorant folks in order to pay themselves fairly hefty salaries.
I don't trust them anymore.
I'm guessing this is the software developer Cosecant
http://www.cosecant-tech.com/Our_Solutions.htm
Have we heard of them before? I don't recall.
In this PR, we also saw what appears to be an indication that Spooztoolz had inherent problems that could not be resolved.
Hopefully Tradetablet will work. I'll believe it when I see it.
News for 'ONCP' - (141 Capital, Inc. Update on TradeTablet(TM))
CHICAGO, IL, Jan 26, 2010 (MARKETWIRE via COMTEX) -- 141 Capital, Inc.
(PINKSHEETS: ONCP).
141 Capital is anticipating the completion of TradeTablet by its partially owned
subsidiary, Wind River Development Corporation ("WRDC"), and will then apply to
the National Futures Association to become an Independent Introducing Broker.
Since management is relying upon TradeTablet to conduct business as Introducing
Broker, 141 asked WRDC for an update on development progress as well as its
plans for TradeTablet.com.
As of January 23, WRDC reported that it has reviewed weekly development releases
of TradeTablet by its developer Cosecant since early in the fourth quarter 2009.
TradeTablet includes two components; a fully functional spreadsheet-based
electronic trading platform and a social networking website accessible at
www.tradetablet.com upon the product's release. Initially, basic TradeTablet
software, real-time data and other services will be made available to customers
of 141 Capital (upon completion of its NFA registration) and Interactive Brokers
at no cost. These customers will have the ability to trade futures and futures
options through 141 Capital, and a comprehensive range of investment products
through Interactive Brokers such as stocks (including OTC and Pink Sheets),
derivatives, options, funds and bonds listed on exchanges around the world.
Paul D. Strickland, Jr., WRDC's CEO, reported to 141 Capital that development is
progressing nicely and although behind schedule, a beta version will be
available in March 2009. "The electronic execution platform has reached the
point where the product is stable and performance is well within design
specifications, something that could not be accomplished utilizing many
spreadsheet applications due to inherent design limitations." Mr. Strickland
also reported that design work for the social networking web site has been
completed.
Errol Stone added, "We are excited about some of the unique features that our
trading customers will enjoy, such as the ability to join a moderated group,
view real-time data and systems inside the group's facility on TradeTablet.com,
and actually execute trades from a chat room environment. In addition, 141
customers will have the ability to develop or subscribe to trading systems that
will execute trades for their account, or test trading strategies from a
simulated trading environment where there is no risk."
About 141 Capital, Inc. (www.141capital.net)
141 Capital, Inc., is a publicly traded company based in Chicago. Its primary
operations involve commodity trading for its own account. 141 is in the process
of registering as an Introducing Broker with the National Futures Association to
enable it to offer futures products to the general public. To attract customers,
141 will be utilizing TradeTablet and IB's product line.
Safe Harbor Act: This release includes forward-looking statements made pursuant
to the safe harbor provisions of the Private Securities Litigation Reform Act of
1995 that involves risks and uncertainties including, but not limited to, the
impact of competitive products, the ability to meet customer demand, the ability
to manage growth, acquisitions of technology, equipment, or human resources, the
effect of economic business conditions, and the ability to attract and retain
skilled personnel. The Company is not obligated to revise or update any
forward-looking statements in order to reflect events or circumstances that may
arise after the date of this release.
141 Capital, Inc.
Errol Stone
312-513-4365
Good to see you again Allie!
What's your impression of TradeTablet and the business plan?
I would say each Spooz share is worth about 1/16th of an ONCP share...
1 spzi share x (310M ONCP shares)/(5B spzi shares) = 0.062 ONCP shares
So I would not expect spzi pps to move until ONCP hits 0.0016 or so. And I'm not sure how liquid an spzi share would be in that situation.
I think our only hope is that 141 gets its act together in a big way (long shot), then converts our spzi shares into 141 shares.
funmaxus and I stumbled across this not too long ago...
http://74.125.47.132/search?q=cache:iiqVydUUbmcJ:www.midwestinvestmentnetwork.com/business-proposal/facebook-of-financial-networking-2009-11-20+investment+%22tradetablet%22&cd=4&hl=en&ct=clnk&gl=us
BG, I agree. But I was referring to WRDC seeking the investors.
I'm pretty sure that is why WRDC is private. ONCP was the public route, and it was clearly out of steam in turns of fundraising by the time the business plan changed.
oncp business plan analysis
Okay, we have no way to make money currently, as far as I know.
We owe WRDC 210K to secure our 35% stake there. They are likely not currently making money, but are likely trying to sell 35% of the company (WRDC) to an investor.
Such an investor is going to say, "why does oncp have 35% stake when they've only put up 90K?" "And you're asking me for $300K?"
To which WRDC will say, ummmm... either ONCP will get less or they'll put up the money.
But where will ONCP get the money? My guess is they need to inspire a run in pps here so that they can dilute to raise the cash.
At .0002 pps, they would need to sell about 1 billion shares. If they can run the pps up a bit, the damage will be less. But I think the market will be too liquid to run it up on promises. People are gonna flip this puppy until we have something more concrete to invest in.
That is just my opinion.
What would be nice? If that 90K came out of internal trading profits at oncp. But I was under the impression that they stopped trading... could be wrong though.
http://www.tradetablet.com This Website coming soon
If you are the owner of this web site you have not uploaded (or incorrectly uploaded) your web site. For information on uploading your web site using FTP client software or web design software, click here for FTP Upload Information.
----
better than the GoDaddy ads, but I'll believe it when I see it!
I have been thinking about the whole Facebook of the trading world idea, and it actually sounds kind of neat. How many darn trading systems are being marketed in ads we see just here on ihub? I bet most traders would love to have a way to apply other people's capital to their own strategies by selling their strategies for a fee. It is a cool idea. it makes it easier for the trader to market a product. It could be just a short term strategy.
Is this the team to pull it off? How big is the market? How will 141 profit (just as the broker on the strategy sales? Or on the buys and sells made using the strategies?)
I have no idea. Any thoughts welcome.
hey peeved.
i chalk this one up as an incredibly painful lesson.
from now on, i don't invest in companies that:
1. don't have major venture capitalist funding
2. don't have any product sales
or
3. hype their stock without concrete actions supporting the hype
My next penny investments are lthu and ensl. Both companies put out surprisingly few pr's, because both derive most of their financial backing from VCs who actually hold onto the shares.
dd for lthu is on raging bull mostly, and dd for ensl is on yahoo. neither is a sure bet by any means.
Peace,
Gbathat
Nice catch...
Darn, it was posted November 20th???
And under "pre-startup R&D" ? Really, we're in pre-startup stage?
Who knows, maybe they got some funding to trigger the no reverse-split announcement.
I won't count on it at this point though.
Back to hibernating... getting cold out there. I hope everyone is doing well (minus their spooz/141 investment of course).
The google stamp says Oct 27, 2009 for the sublink... but that is not necessarily accurate.
--------------------------
Early Stage Investors – Entrepreneurs & New Business Ventures in ...
Oct 27, 2009 - TradeTablet.com will take financial networking to a new level by enabling users to build scalable global financial service businesses online. ...
www.midwestinvestmentnetwork.com/early-stage-investors - Cached
--------------------------
http://www.google.com/#q=%22tradetablet%22&hl=en&tbo=1&tbs=rcnt:1,sbd:1&fp=6f4eebc8bd423f62
Facebook of Financial Networking
Developed the world’s first fully integrated social networking and electronic trading platform. TradeTablet.com will take financial networking to a new level by enabling users to build scalable global financial service businesses online.
Minimum Investment: $25,000
Required Amount: $300,000
Watch the scrolling text on the right at: http://www.midwestinvestmentnetwork.com/early-stage-investors
Not sure when it was posted, but at least it gives us some info regarding the direction. I like the fact that it says "DEVELOPED"
They're not looking for much, so if it is a good idea, I think they'll get the funding. VC's love software and internet businesses:D
why not sell at .0005 instead:D If there is demand...
that 10M buy the day before was likely bait to get people to just get rid of their shares the next day...
250M shares is the most volume we've ever traded in a single day. Crazy.
did someone accidently hit buy instead of sell???
10M shares traded today
designline going public with $260M backlog!
http://biz.yahoo.com/e/091007/14232398-k.html
"For the fiscal year ended December 31, 2008, our revenue increased 56% to $28.8 million from $18.4 million in our previous fiscal year.
We introduced our hybrid buses to the United States transit market in May 2007. The performance characteristics of our hybrid buses, which include low emissions, quiet operation, improved fuel efficiency and reliability, have enabled us to rapidly grow our backlog and pipeline rapidly. We define backlog as all bus purchases represented by executed customer contracts, whether or not we have been given a "notice to proceed" by our customers. As of September 30, 2009, we had a backlog of 533 buses (or approximately $260 million), consisting of 458 hybrid and alternative fuel buses in the United States and 75 diesel . . . "
Woohoo!
I don't foresee any action for SPZi until ONCP goes up a bit more.
Assuming SPZI owns 25% of ONCP, then the ONCP market cap needed to justify a SPZI pps of 0.0001 would need to be:
4 x (5 billion spzi shares) x ($0.0001/share) = $2M
Assuming an ONCP o/s of 1,239,260,000 (from recent PR, though I think the count has gone up some since), then we need to see the ONCP pps at:
($2M) / (1,239,260,000) = $0.0016 before Spooz moves again.
Otherwise, you get more bang for your buck buying ONCP directly.
That is just my opinion. I still don't fully understand the extent of how each shareholder owns 141, since we do not actually have the shares.
Finally, I don't think Paul and Co. want to allude to the past.
Good luck,
Gbathat
Where did that come from?
And yet the price staying the same... My guess is dilution, which at these prices, is an absurd business move. But hey, it's been done before, and look what it got em.
hopefully this is a pre-PR PR
Sharecount would be a good idea.
I will look into setting up a forum off the beaten path so we don't have to show any cards, and I'll send the link to Allie.
Peace,
Gbathat
Hey Nuk,
I agree, it seems like lose-lose.
Spooz has no money (and probably a good chunk of debt), possibly did nothing illegal, and any action against the management will likely affect ONCP in a negative way.
I have another strategy in mind that I would prefer not to discuss here. Maybe we can setup another forum for such discussions.
Peace,
Gbathat
Nuk,
I am also quite fed up... too many fishy statements and strategies, too little communication.
I have a legal strategy in mind that relates more to the spzi situation, but would also help w/ regard to the oncp situation.
Before putting it out there, I will see how Paul responds to the questions sent by Allie on behalf of the spzi shareholders. However, if Errol's recent PR is any indication of the content and tone of Paul's forthcoming response, I think we will be needing to get serious soon.
peace,
Gbathat
Peeved,
I think the plan is for 141 to derive most of its revenues from transactions via the online brokerage, not so much from selling the trading platform itself.
I may be mistaken, but that was my impression.
I am very frustrated with the PR and particularly the Spooz situation... it's almost as if Errol was defending Kaitrade in the PR. I see no reason to justify Kaitrade's actions against Spooz. Hopefully, we'll get some better insight from Paul's responses to the Spzi shareholder questions. If not, we may have to all work together to get some justice for the Spooz shareholders.
JMO,
Gbathat
kaitrade might not compete as closely with TradeTablet, but I think kaitrade certainly competes with Spooztoolz and potentially algoserver.
seems kind of fishy to me that Spooz is not going after kaitrade.
maybe unwin is funding the other 65% of Wind River or something...
Since Spooz is "inactive", they should just issue all spooz shareholders ONCP shares according to percent ownership of spzi
I wonder why Unwin wasn't held to a non-compete agreement...
or so that an investor might actually fund the development.
no way would any private investor buy into spooz or 141
I am not defending their actions to date... in fact, I think things continue to suck bigtime.
so why do you only post here when the T/A looks good, if you are not encouraging other people to buy? Why not post it when it looks bad too?
I honestly don't care what you post, nor do I wish to get in any debates, but I think MC has some good points.
I personally appreciate seeing the T/A analysis, but on stocks like this, I don't use it to make decisions in the absence of other evidence.
good luck to you.
it's probably just as accurate as anything we've been told to date:D
j/k errol
hopefully soon actually means soon
Gbathat
If she were, I'm sure he would be getting the paddle right now, rather than a letter.
Honestly, though, while I am frustrated with how things have turned out, I do find it slighly encouraging that 141 is still kicking and Spooz has some ownership. I think in most cases, the plug would have been pulled at this point and we'd be holding absolutely nothing.
I do hope we have some liquidity by year end, should things not go anywhere fast with 141. How does one write off a stock that they cannot sell?