Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.
Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.
I used to have Vonage, and then picked up MagicJack. It was fine for a while, but over the past six month's it's been extremely unreliable and not fit for a home phone, even at $19.95 per year. Maybe the new version will be better, but I just dropped the home phone completely and went to cell....MJ was a great idea, but poor execution.
Had I only held my shares when I bought them at .37 each, I would have been able to buy my house in cash....alas...I underestimated Vonage's infrastructure and international calling appeal. The world is waiting, and Vonage is making it cheaper with quality that is far superior to MJ. I may buy back in...
Yes I do remember Enron. If you have articles and info that indicates wrongdoing of some kind please share.
I'd hardly call the lawsuit as being over "illegal" activity. It's essentially investors (institutional, individual, ect) who are upset about losing money and want to sue because of the defective batteries which are being replaced. I worked for a major appliance corporation for years, and was constantly being told that "we cannot afford to make a perfect product." The products weren't bad by any means, but it simply meant they had to manage quality control.
What's more important in manufacturing is that you find the problem, acknowledge it, and fix it. If it happens over and over, that's a different issue and a worrisome problem. However, this is the first I've read of any manufacturing problems. They happen from time to time...perfect products with no defects cost a huge amount to make; too much for most people to buy. I say they're managing it well.
It's been declining since before this time last year, though most of their revenues are going up. Seems like it is costing them more and more to do business though. I say keep an eye on it, and throw a few hundred dollars at it every few weeks. I missed out on some of the best returns from early 2009 because I was scared of losing money. Wish I would have bought Ford at $1, or Sirius XM at .052....A123 could be an opportunity.
Which basically amounts to people suing because they lost money on the stock. The core business is only going to expand. Battery technology has changed little over the past 20 years, besides lithium ion batteries, and they have been around a while. Who knows if A123 will stay afloat, but we will see more and more electric/hybrid cars and grid-tie batteries since renewables can often fluctuate (besides hydro, which is really the best in terms of quantity, cost, and reliability). I want in at .05.....
I'll keep an eye on this one. Maybe I can get in at .052 like another company that is now at $2.34....could have turned $2,500 into over $100,000.....
I feel your pain...truly. Thing is, the crisis isn't really over yet. I'm talking about buying and holding until the unemployment rate goes back to normal, the deficit is dealt with, and our economy is once again something worthy of the envy of the civilized world. Hard to see now, but someday this will all be over, and it'll be something in the history books that old people remember....hold until then....
If that ever happens again, I'm going to sell a lot of personal items and buy as much as I can...
I'm saving all I can so that if and when the next "crisis" erupts I'll have the capital to invest into those companies most likely to survive. Wish I would have purchased more at a lower price....
I've been researching this bank...it could be worth looking into....the board has been quiet for a while, which could also be a good sign...you get in when no one else is focused on it.
I know! Man, I bought shares at .385 and flipped it in the .50's...thought that was a decent profit...but if I had only held for 18 months I'd have over a ten-bagger! Darn it!
Apparently so....
Think I've seen it actually...is it the one where they show protesters outside a bank building, and a community action group of sorts dealing with mortgages they could not afford? I check out those kinds of films on Netflix....
I'll check it out....
out of curiosity, what is the premise or theme?
That is one good thing about having insiders with that kind of ownership percentage...they don't want the bank to go under any more than we do. Of course, it could also be a small portion of their wealth and they simply lost money on the deal...hard to say.
I'm going to keep watching this one and see how things go. Looks like it was a small regional bank who decided to start speculating in real estate and got away from the core foundation of banking to make insane profits...like many others....they moved away from simply taking deposits and lending money at a higher cost than they get it...in this case, "Gecko" was wrong back in the 1980's...greed is NOT good..it created a generation of "NINJA's"
NO INCOME, NO JOB, NO ASSETS....how true that movie was...lol
Citigroup will finally get back to "normal" when:
A) the economy actually recovers from its near-death experience.
B) the government takes its profit and leaves banking to the bankers.
Until we have a real recovery, any increase is going to be almost certainly academic in nature...all because Ben is creating artificial conditions with the national credit card...
I bought and am waiting until the entire economic crisis is truly over and in the history books..."Hey grandpa, remember way back when we thought the economy would collapse?"
That's the only sure-way to profit in the way people want to...buy and hold is not dead, you just need several years' of patience.
Stay away from this junk...it's a scam company that has pulled unthinkable actions against its shareholders and even the brokers dealing with it...pick a real company man...not this junk.
Is this bank still kicking or what? I'm going to call a branch and see if they're still operating like a "normal" bank...I don't see any employment listings though, so that's not good. Most banks are making profits through the huge spread between the low interest rates they're charged and higher interest rates they are charging...
Ha....yep...and...I don't think the "Dr." is a real doctor...in name or practice...
There is a new company IPO coming in early 2011. It is called Finder Technologies and they have multiple products related to location and finder technology. It will be either on the OTC-BB or NASDAQ, but don't take my word for it. Check out the product and website. One key development I think worth mentioning is that Bill Fields of Walmart fame (former CEO) is going to be on the board once they go public, and is an adviser at this time. This is all public info, so check out the website and keep a lookout for the company.
www.findertechnologies.com
Also, they're still looking for potential investors before the ipo. If you have any questions, ask me privately. No clowns allowed.
Thanks
Can't PM. Do you mean for this board?
I quit renting from Blockbuster a few years ago when they started requiring my marriage license (no joke), birth certificate, 2 forms of identification, and some other things....it literally took more bureaucracy and red tape to rent a movie than get married! Ridiculous...and I hope they changed this....
Actually, Blockbuster is still the largest video/game rental business in the nation. The severity and suprisingly fast closings and liquidation of all Movie Gallery stores (including one in my town...the only video place we have unfortunately) could either be good for Blockbuster, or a symptom of things to come. It could be good, because while Netflix (which I am a subscriber to) is a great value, people still like to rent games and movies from traditional brick-and-mortar stores to some extent. I do think the market was/is saturated, but with the other stores going broke they might have a chance if they play their remaining cards right. I thought about selling some other stocks to raise capital to buy BBI stock, but I may wait....they have a lot of debt, a declining business model, and competition.
#2 Rival is gone! If they can survive long enough to take advantage of this and gain marketshare, they could survive and prosper...maybe...
Movie Gallery closed shop almost overnight...one day I was renting movies and games there, and then last week I walked in and the store is nearly empty and the liquidators are selling EVERYTHING. Stinks for us, because there isn't anywhere else to rent movies in my small town...I guess we always have netflix....
I'm curious as to how their rival Movie-Gallery (and second-largest movie rental chain in the country) filing BK and liquidating all their stores could potentially change BBI's game. I know they've had trouble for years, and it could potentially be too late, but when your rival goes out of business it can't be anything but potentially good for Blockbuster...ideas, thoughts?
Hard to say....but of course, I wouldn't be here and would not have held since last year if I thought it was going down...
It all depends. The current CEO has been nothing less than a lifesaver, and if he continues to do the same for years to come, I think we're in for a nice reward. Say, for example, Sirius becomes a worldwide radio and media company with 1 billion customers....who knows were we'll be?
Even 300 million customers?
That is where the share price will be decided....the sheer number of subscribers means we could have a price of $45 per share, or $4.50 per share....
I know, but a price is a price, and I wanted to buy more at that price....wish I was at the keyboard during that huge drop.
I was surprised it went back below a dollar for a day or two...I thought about selling at $1.23 or so, and then picking up more when it dipped back below again...didn't expect it to go back under $1, and certainly not down into the .80's! I could have picked up 40% more shares than I currently have...but alas, I'm holding for another year or so at least to see how this unfolds. I think SIRI has potential that is going to be realized in the next 5 years or so.
Don't worry about it too much. We are consolidating above a dollar, and so long as SIRI keeps moving forward we'll do just fine. They have a monopoly on satellite radio, and it is broadening in terms of appeal and content. Before too long, they'll end up being a true global satellite provider for media services. What kind of market cap could we speculate with 1 billion subscribers worldwide? Even the people at the Antarctic base could be receiving Sirius radio....China & India could also have hundreds of millions of subscribers....think long term!
Not everyone wants to be in it for the long haul...I understand! I am here for the long haul, as I have other investments for my "real" retirement fund and general savings...this money can sit and grow...some just want to play and daytrade, but I've done that before and it never really paid off like my new strategy of "buy, hold, and forget...." pick good ones and leave them alone! When you trade constantly, you have to pay more and more commissions and you introduce more risk into the equation...keep it simple and logical, and an ounce of common sense never hurt either...
I've been waiting since .56 and .65, so yeah...I can wait another six months or six years....I'm holding out for when SIRI launches a global satellite media system that has 1 BILLION subscribers worldwide and a share price of $650 to $1,000!....(insert your Dr. Evil impression here)
I disagree on the "too fast" scenario. SIRI spent over a year working its way up from .052 and it's still really low considering what the company does and the infrastructure in place...satellites in orbit, and hundreds of relay towers on the ground....not cheap for the competition to put up in order to start a similar business!
Dang it! Now I KNOW I should have sold the day before earnings at $1.23 and picked up even MORE shares when it went to the .80's. Guys/gals, this market seems to be having an awful time...we're down nearly 400 points on the DOW and we haven't seen that since the crash. My retirement account just bought shares of my mutual fund at 10.25 and now it's in the 9's! Guess I'll be buying more cheap shares?
Have to say the crash changed my view of downturns. I now LOOK FORWARD to them in some ways. Sell when things are shakey, then buy when it looks like it's over...of course, that's easier said than done. But darn it....I could have had like an extra 40% shares within a few days!
As long as he sticks around and the company keeps improving, I think we'll do just fine. I really think if SIRI plays things right, they could easily become a global satellite media company with as many subscribers as the U.S. has people....or more. That's the beauty of satellites...you can get reception everywhere except inside of a coal mine or the bottom of the ocean...and I'm pretty sure those people aren't concerned with listening to Howard Stern, lol. Long and strong...and not worried a bit about our little retreat to the $1.00 territory. If stocks only go up, you know something is wrong and the bottom is going to fall out. Without dips, where would new investors get in? I wish I had more disposable capital to buy more shares....
Not sure I'd do that on any stock...you need your savings in case something bad happens (and things always happen in life, right?). I wouldn't invest any money I couldn't afford to completely lose...I believe SIRI will do well and grow, but it's not my savings or official retirement fund.
Of course, if it grows into a multinational media satellite company with a billion subscribers across the globe and a stock price of $650 per share, I would definitely cash that in and retire...lol
Time to add more...the market is in correction, as I think it's been needing one for quite some time. Nearly everything has been bid up for months now...time to think about buying more! SIRI is going to be fine, dont' worry about it. I'm holding long & strong...I did think about selling at $1.23 and picking up more when it went down, but I'm just keeping it simple....buy & hold....until SIRI has 100 million customers across the entire world...and they could do it in 5-10 years, you know. Great growth stock, IMHO.
Good day to buy? The DOW has been more volatile than normal lately...I've thought about selling off quite a few things and waiting to see what happens.
IMHO, it could affect those who listen to him but quite honestly, the man is vulgar and I think over the years he and his crew have said everything that can be said on radio. I don't listen to him, and am glad that SIRI is adding far more content than just Howard. I wouldn't pay to listen to his nonsense...
I'd be surprised if it went back under $1.00 given how much the underlying fundamentals have been improving. IMHO, the only thing that could change this trend is if something significant changed with SIRI, like a solar flare or gamma ray burst from an exploding star that puts all their satellites out of commission all at once, or something like that....but the odds are against it.
Selling on the news....no big deal. I thought about selling yesterday, but I'm using SIRI as an example of the strategy "buy & hold" and how it is still the simplest yet profitable strategy. Find good companies when they are down, and buy and hold....just like Buffett says...
I'm holding for 100-300 million subscribers worldwide, and $15 a share.
So true...
I've been limited to one posting a day because I was skeptical about ANVH for a long time. There was a time I gave them the benefit of the doubt, but things started looking "Fischey" (lol, couldn't resist)...from the sheer number of academic degrees the good "Dr." claims to have, from the places he ostensibly received them from (one place in particular doesn't even carry that kind of degree...I am math faculty for a university so I started the inquiry with his education since I'm familiar with how that works and its structure...I came to the conclusion that it is likely bogus and a shameless attempt to build credibility).
Then I noticed how their "mission" didn't seem to really have anything to do with what their PR's and pumps mentioned. Their products don't seem to exist, and if you look really closely at the photos in the ibox and the logical steps they claim to involve, it makes even less sense. For example, we have several people scattering hay around...ok, no big deal.
Then, we have photos of the property...nice touch!
It shows a pile of rocks, likely shale in my opinion.
Then, they "crush" the rocks into a fine powder and call it "organic material"....ok...
Then, they "process" this material and use the "off gas" for power generation? Think about this for a minute...
They're crushing rocks...not oil shale, not oil sand...rocks that look like shale..
How you can crush rocks into an organic material and use the gas created from the process to produce power is beyond me...
Combined with the fake dividend that was also a shameless play on people's confidence and broker accounts, it's a scam that should be on the news...and they should be in jail.
Also of interest is the fact that some people on this board (well, one in particular) were COMPENSATED for promoting this stock! See for yourself...just click on the admin's name and click the little triangle that spells out how they were paid to promote this...
I'm going to go ahead and post the compensation for the company, who then compensated the admin...
Market Medias was compensated 750,000 free trading shares of (ANVH.PK) stock, for TWO month's service (August 13th to October 13th, 2008), by The Brooklyn Group Inc. for the (ANVH.PK) profile, MARKET AWARENESS, "company material" and advertisement’s appearing on behalf of The Brooklyn Group Inc. regarding (ANVH.PK).
All you have to do is follow the money people....
Funny how I then get booted and most of my posts deleted...
But the truth wins out in the end...