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There was a news release yesterday that the Federal Government has approved banks to work with legit cannabis companies in a banking relationship.
http://blogs.marketwatch.com/capitolreport/2014/02/14/treasury-says-its-dope-for-banks-to-take-marijuana-money/
Windfall Magic
What I see as the real opportunity here with the Bank news is this; Now banks coffers can be opened for VC's JV's and capital expansion. Money can flow into this new industry without consequence.
That is why I see it as significant.
Sorry i did not see that the link had been posted several times...
Windfall Magic
I think we just opened up a flood gate folks...
Read this!
http://finance.yahoo.com/news/u-let-banks-business-licensed-190950144.html
Are the MM's shaking this tree or what?
Windfall Magic
Looks like another MM's hippy, hippy, shake.....
Windfall
Looks a little like a MM shake to me...
$UTRM MM's looking to shake a bit.
Question for the team.
I use Etrade and have for seven years. I have a friend who is wanting to start trading pennies. Which house is the best for pennies in your opinions? Etrade, TD Americtrade, Schwab? or some other house. I like Etrade because there are no hidden fee's and it is straight forward $9 in $9 out. no per share fee's.
Thanks everyone
Windfall Magic
Epic,
I am hearing a great deal of white noise on this HRDN Stock. Give your thoughts, or any of the chartist can chime in.
What is driving this beast?
Thanks Mainman,
I have had about 25,000 shares of CL B restricted shares in my account for over four years. I am not really sure how they got there. but I was wondering if anyone had any intel on the restriction and when it could be lifted.
WFM
I just found this board. Can anyone shed any light on restricted cl B shares that may be held in addition to other shares?
TIAV
WindFall Magic
Did we get a R/S this morning? I did not see the prep on this. Can someone expound a little.
Thanks
Windfall Magic
D/G,
Based on this 10k and the noise on the board the last three days. What are your thoughts? Are we done here? Time to move on and fight another fight?
I am just not sure what to make of it. I think it has progressed above my pay grade.
Windfall Magic
To answer your quesion i refer you to PIR (Pier One Imports)That stock was under .11 four years ago and cracked the $20.00 two years ago and moves from $19-22 regularly. I am not saying that will happen I am just saying it could happen.
Windfall Magic
Imagine that gone in 60 seconds..... Of course I am referring to my shares :)
Tec,
So glad you are still in the game. Your council still rings true. That is the first thing I told them. It sucks that people didn't set their egos aside and follow your instructions. I guess it's easier to blame people for failure than take responsibility for your own success.
I still work under the primus that "greed kills". I don't play pennys much anymore I play an ETF inverse of the S&P. But I use yours and other keys member's of your team to educate friends who want to change their lives.
You two are amazing.
When I said we, I was inferring to the "company".
Too funny... I think the whole thing is a red herring
to give us something to talk about.
You make a good point Xoom. We don't know what our actual values truly are. So it is kind of like the ACA,(Obamacare) we had to pass it before we could read it and know whats in it.. I don't think that worked out very well. But I am a positive guy and I have been very quiet for over a year now I just felt like some open dialog.
I love to see how different sides defend their positions. We have some very smart, educated and experienced contributors on this board. people could almost do their Masters Thesis on of the dialog here.
Windfall Magic
Thanks Zoom. So if Dell has cash as D/G stated (which I agree with) why would they look to our NOLs to fund the buyout? unless they do not want to expose were the cash is held just like General Electric.
If we are going to fund this where does the MicroSoft angle come in. We know that both MicroSoft and Dell's markets are starting to erode why would we fund a plan in degrading market segment?
Again I am not the smartest guy in the room, and I have only been a daytrader for four years but I don't see how this is a prudent use of our resources. As a fresh start up I would rather we take on something a bit more our size. This is like a speed boat pulling a battleship.
Only if they buy all outstanding and shares in the float right? If the share holders don't get a fair market value for the stock, isn't Dell stuck with a poison pill? And if Silver lake is going to fund the transition would that not exasperate all of the NOLS and and COH thus putting all our eggs in one basket.
I am just trying to get my head around why this would make any sense for us to do. I think we should focus on new business financing and key VC opportunities.
Can they do that with out stockholder approval? NOL or what ever at the end of the day those are assets and they belong the shareholders do they not?
I am still unclear and not to sound dubious but how does any of what Dell, MicroSoft,or Wal-Mart plans to do, have to do with WMIH? I am just not seeing or finding any fertile soil to grow this rumor.
Can someone smarter than I am please point me in a direction that even remotely promotes this thesis.
Windfall Magic
did you understand my question? I want to share what you guys taught me back in 2007-2008 that made me who I am as a trader.
does your site still have basic tec analysis training that I can turn my friends?
Also what happened to TecNasty? if you can't explain here I understand. just send me an e-mail. I sent you my email address earlier.
Thanks.. You guys are still knocking it out of the park. Nice work.
If you ever need a reference let me know. I went from nothing to a strong seven figure trading portfolio because of what you taught me... i will always be grateful. I am trying to pay it forward and working with people and families who are fed up and just want to change their lives.
Thanks again Epic.
Best regards,
Windfall Magic
Epic
I am not sure if you remember me, this is Windfall Magic.
I have not been trading pennies in awhile but i have some "newbe" friends that are trying to learn how to trade. I thought of you and Tecnasty since you too gave to tools and skills to become a successful daytrader. I was wondering, I do not find TecNasty's site any longer and would like to have these newbe look at your basics for reading technicals. That is what really gave me the skills to move forward.
Do you have any recommendations? I am looking for someone who be straight forward and direct like you and Tec where with me in the beginning.
Thanks in advance,
Windfall Magic
jimbanta@ymail.com
Epic
I am not sure if you remember me, this is Windfall Magic.
I have not been trading pennies in awhile but i have some "newbe" friends that are trying to learn how to trade. I thought of you and Tecnasty since you too gave to tools and skills to become a successful daytrader. I was wondering, I do not find TecNasty's site any longer and would like to have these newbe look at your basics for reading technicals. That is what really gave me the skills to move forward.
Do you have any recommendations? I am looking for someone who be straight forward and direct like you and Tec where with me in the beginning.
Thanks in advance,
Windfall Magic
jimbanta@ymail.com
What ever happened to all the merger talk regarding Dell and
Wal-Mart?
You the new company would be called; Wa-da-hell-Mart. Has a nice ring to it don't you think?
Just playing because I am bored.
Windfall Magic
I am using chrome and do not see the file
I don't get any of this merger talk with technology companies....
I thought I was a very astute trader, I do well, I do my research, I counsel, I read PR's and do some charting and still I feel like a complete buffoon on the direction this board has taken.
Voo,
Silver Lake is the leader in private investment in technology and technology-enabled industries. Silver Lake invests with the strategic and operational insights of an experienced industry participant.
Through its affiliates, the Firm manages four investment strategies: large cap technology, middle market technology, technology credit investing, and energy and resource innovation.
http://www.silverlake.com/
Windfall Magic
Oil.. True fertilizer for sure....
NOL's as a factor, why WMIH? The entities have no common ground. What would Dell know about the banking and insurance business, and more importantly what would WMIH know about the electronics manufacturing business. Other than the connection that both JPM and Blackstone, TPC may put skin in the game I think there is a corp veil between the two companies and the only relationship is where capital infusions come from. I still don't see the connection.
I know I am not the smartest guy on this board. But seems like a bit of a stretch to think that Dell and WMIH would merge either from a financial stand point or otherwise. Am I the only one that doesn't get this?
Windfall Magic
What would give Dell any interest in WMIH? I still don't see the connection.
Thanks for the insite. I have been focused here just lurking every so often.
Help me understand why how this Dell deal effect us here? I may just be a lowly day trader, but i do not see the real significance.
What am I overlooking? With the exception of Blackstone, I don's see any significance.
Thanks
Windfall Magic
ummm... Nothing, apparently Notre Dame stayed home and did not attend the game. Sabin is so smug..... Great coach but smug. Of course with three National titles in four years plus one at LSU I guess he can afford to be.
A sad night if you are a Notre Dame fan. Even more if you are a collage football fan.
Windfall Magic
Tradeinman,
I don't have PM. You can PM me your email and i will answer your questions as best as I can.
Windfall Magic
I remember four years ago when i started trading. I was given a tip in Pier One Imports (PIR) at the time they were in deep trouble and preparing for BK. I bought at .09 and everyone said I was just throwing my money down a hole. I flipped that stock about 60 times over the last four years. Now it trading above $19.00.
I see the same kind of scenario here. Accumulate sell, accumulate sell, accumulate sell over and over all the way up. A ton of cash will be made here if you know what you are doing and don't let the MM's control your choices.
JMHO- Windfall Magic
Great post Royal...
I concur to the letter. I too have a great deal on the table. The reasons you point out on your post is why I stopped posting and went on with my life as a daytrader and I do and will not allow this to occupy my every thought.
I have learned a few lessons and i must admit way back (2007-2008) I got caught up and spent most of my productive days fixated on this one play. That is something i had never done before. I remembered the first rule of trading..."never marry a stock". I did listen to that rule for several months. Then one day I looked at my daily trade activity for a sixty day period and realized that my production had become anemic and I was actually loosing opportunities because I was too focused on this one play.
I feel this way; we will either prosper and not with WMIH. If retail traders (R/T) are banking your retirement on this play, R/T's may be disappointed. If R/T's are downing antacid like peez then perhaps it is time for the R/T's to cut their loses and move on. If on the other hand, you the R/T's are able to dis-engage from the drama like several on here(Royal, DG,Fsshon,voo) have been able to do then perhaps the windfall may appear in your account.
As retail traders and daytreaders the details are out of our hands. What we can control is how we continue to drive our investments.
My thoughts...
Windfall Magic