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Did anyone buy the gap fill at $600?
It was one heck of an opportunity for those of you out of stocks claiming to want a major pullback to get long.
Sorry, I can't figure out how to get the URLs from facebook to post.
Why can't we upload images directly from our HD like we can on Silicon Investor?
Images from here
I finally got an alert about Geoglobal (GGLR) in the news:
Geoglobal: Daily update · August 28, 2015
WEB
GeoGlobal rises from the dead at Tarapur
Petrowatch
Like a corpse rising from the dead, troubled Canadian explorer GeoGlobal Resources is alive and kicking - cashing in on production from ...
I tried to get the article, but you have to pay $120 to read 30 articles. You could buy 5,000 shares of stock for that!
GGLR
USDGeoGlobal Resources Inc
Last [Tick] $0.022[+]
Change Up $0.002
% Change Up10.00%
Bid [Tick] $0.0181
Bid Size 10000
Ask $0.022
Ask Size 10000
Open $0.02
Volume 0
Day High $0.022
Day Low $0.02
Previous Close $0.022
Prev. Close Date 08/27/2015
Interesting. It was dead when I checked last week but the press releases I wrote about linked to their new website at http://www.geoglobalresources.com/
now the old website is back at
http://www.geoglobal.com/
which seems to be a mirror.
I wonder how long they will keep both.
The Old GGR (not the GGLR board) Yahoo! msg board has kept pace with the press releases
http://finance.yahoo.com/mb/GGR/
In June I added 10,000 shares to my ROTH at eight tenths of a penny so those have nice gains now with the last tick at $0.020,
yes, sorry.
I bought shares at 0.091¢ in Dec. 13 as a tax loss play and this is working out well with the stock at 2.4¢ today... Anyone have news on why it is higher?
Chart of Gold and Gold Miners VGPMCX vs POG and S&P500 (SPY)
VGPMCX: Vanguard Precious Metals & Mining Fund vs POG (Price of Gold) and S&P500 (SPY with dividends reinvested)
Gold and Gold Miners (VGPMX) vs S&P500. ETFs GLD & SPY and VGPMX are shown in the graphs with dividends reinvested.
Two more charts at Gold and Gold Miners vs Time and S&P500
Bob Brinker's Market Outlook. Nobody has posted here about Bob Brinker, host of Moneytalk and editor of Marketimer, in some time.
Bob Brinker's October Stock and Bond Market Outlook New!!
I suppose interest in him is but a fraction of what it was in the past.
That is not surprising.
CNBC's Nielsen Ratings at 20 Year Lows which is Good news for us contrarians!
B Riley analyst slashes price target for Finisar
http://money.msn.com/business-news/article.aspx?feed=AP&date=20120612&id=15214497
June 12, 2012 1:05 PM ET
"Although the company believes its new products will enable the company's top-line to grow in the second half of calendar year 2012, it remains to be seen, as it is very difficult for new products to show traction during downturns," Kang wrote in a note to investors.
The analyst backed his "Buy" rating citing Finisar's current valuation, but cut his price target to $18.70 from $27.20, saying that the company's profits for fiscal 2013 and fiscal 2014 will be lower than he previously expected.
NAME LAST CHNG % CHNG
FNSR 13.31 -0.62 -4.45
Finisar Announces Fourth Quarter and Fiscal 2012 Financial Results
http://finance.yahoo.com/news/finisar-announces-fourth-quarter-fiscal-200000716.html
SUNNYVALE, CA--(Marketwire -06/11/12)- Finisar Corporation (FNSR), a global technology leader for subsystems and components for fiber optic communications, today announced financial results for its fourth quarter and fiscal year ended April 30, 2012.
COMMENTARY
"In our just completed fiscal fourth quarter, our revenues were $239.9 million. Continued strength in datacom revenues were offset by lower telecom revenues. The lower telecom revenues were primarily the result of sluggish carrier capital expenditures and the full three month impact of annual price reductions for telecom products. We were pleased that our gross margin for the quarter exceeded our guidance, resulting in earnings per diluted share which was at the upper end of our guidance range," said Jerry Rawls, Finisar's executive Chairman of the Board.
"We continued to invest in research and development and make good progress on a number of new innovative products, including additional customer qualifications of our tunable XFP transceivers and design wins for our Flexgrid wavelength selective switches, ROADM linecards, 40G and 100G products," said Eitan Gertel, Finisar's Chief Executive Officer. "While the current level of carrier capital expenditures has muted the near term revenue impact of these new products, we believe that this progress has set a strong foundation for revenue growth in the second half of 2012 and beyond."
FINANCIAL HIGHLIGHTS - FOURTH QUARTER ENDED April 30, 2012
Summary GAAP Results Fourth Third
Quarter Quarter
Ended Ended
April 30, 2012 Jan 29, 2012
-------------- --------------
(in thousands, except per
share amounts)
Continuing operations
Revenues $ 239,910 $ 242,954
Gross margin 27.3% 29.3%
Operating expenses $ 53,369 $ 59,794
Operating income $ 12,111 $ 11,308
Operating margin 5.0% 4.7%
Income $ 13,162 $ 8,909
Income per share-basic $ 0.14 $ 0.10
Income per share-diluted $ 0.14 $ 0.09
Basic shares 91,349 91,001
Diluted shares 94,780 94,032
Summary Non-GAAP Results (a) Fourth Third
Quarter Quarter
Ended Ended
April 30, 2012 Jan 29, 2012
-------------- --------------
(in thousands, except per
share amounts)
Continuing operations
Revenues $ 239,910 $ 242,954
Gross margin 31.4% 31.8%
Operating expenses $ 54,552 $ 53,289
Operating income $ 20,856 $ 23,973
Operating margin 8.7% 9.9%
Income $ 20,234 $ 21,878
Income per share-basic $ 0.22 $ 0.24
Income per share-diluted $ 0.21 $ 0.23
Basic shares 91,349 91,001
Diluted shares 98,528 97,781
FINANCIAL HIGHLIGHTS - FISCAL YEAR ENDED APRIL 30, 2012
Summary GAAP Results Fiscal Year Fiscal Year
Ended Ended
April 30, April 30,
2012 2011
------------ ------------
(in thousands, except per
share amounts)
Continuing operations
Revenues $ 952,579 $ 948,787
Gross margin 28.7% 32.9%
Operating expenses $ 234,018 $ 200,556
Operating income $ 39,326 $ 111,716
Operating margin 4.1% 11.8%
Income $ 38,140 $ 88,379
Income per share-basic $ 0.42 $ 1.10
Income (loss) per share-diluted $ 0.40 $ 1.00
Basic shares 90,823 80,582
Diluted shares 94,186 92,715
Summary Non-GAAP Fiscal Year Fiscal Year
Results (a) Ended Ended
April 30, April 30,
2012 2011
------------ ------------
(in thousands, except per
share amounts)
Continuing operations
Revenues $ 952,579 $ 948,787
Gross margin 31.9% 34.9%
Operating expenses $ 214,100 $ 183,294
Operating income $ 89,332 $ 147,744
Operating margin 9.4% 15.6%
Income $ 83,177 $ 138,748
Income per share-basic $ 0.92 $ 1.72
Income per share-diluted $ 0.87 $ 1.55
Basic shares 90,823 80,582
Diluted shares 97,935 92,715
SUNNYVALE, CA -- (Marketwire) -- 06/04/12 -- Finisar Corporation (NASDAQ: FNSR), a global technology leader in high-speed optical communications, confirmed that it will announce its fourth quarter and fiscal year 2012 financial results for the period ending April 30, 2012, at the close of market on Monday, June 11, 2012. The announcement will be followed by a conference call with analysts at 2:00 p.m. PDT/ 5:00 p.m. EDT.
Jerry Rawls, Finisar Corporation's executive Chairman of the Board; Eitan Gertel, Chief Executive Officer; and Kurt Adzema, Chief Financial Officer, will discuss financial results for the quarter and answer questions from analysts who follow the Company.
Internet access: See investor relations page at www.finisar.com.
Phone access: Domestic 1-888-740.6140 or International 1-913.312.0825. Conference ID.4874146
A replay of the webcast will be available on the investor relations page of the Company's website shortly after the call. An audio replay will be available for two weeks following the call by dialing 1-888-203-1112 (domestic) or +1-719-457-0820 (international) and then, following the prompts, enter conference ID 4874146 and provide your name, affiliation, and contact number.
GeoGlobal Provides Operational Update
Press Release Source: GeoGlobal Resources Inc. On Wednesday April 27, 2011, 4:24 pm EDT
CALGARY, ALBERTA--(Marketwire - 04/27/11) - GeoGlobal Resources Inc. (GeoGlobal or the Company) (AMEX:GGR - News) today provided an update on certain operational and exploration activities.
Resignation of Directors
The Company announces that Messrs. Peter R. Smith (Chairman) and Mr. Brent J. Peters are resigning from the Company's Board of Directors effective April 29, 2011. Mr. David Conklin has been appointed to the position of Acting Chairman of the Board while the Company searches for a new Chairman.
Mr. Conklin stated: "Mr. Smith and Mr. Peters have served the Company over seven and nine years, respectively. Their contributions have been and are greatly appreciated. Mr. Smith and Mr. Peters separately concluded that it was important for them to focus on their respective personal interests and commitments to their families. As a result, they gave notice in April of their intention to resign as directors effective April 29 2011. We thank them for their commitments and wish them both well in their future endeavors. The Company looks forward to identifying a new Chairman and additional directors to strengthen the Board and add fresh perspectives to the effort to enhance shareholder interests."
Performance Security Guarantee with Export Development Canada (EDC)
The Company has entered into an agreement with EDC to provide bonding capacity to cover its performance and financial guarantees which were provided by GeoGlobal for the period of April 1, 2011 to June 30, 2012 for its Indian operations. The agreement with EDC will allow the Company to release approximately US$4.0 million from its restricted deposits upon EDC providing sufficient security to our bank.
"The arrangement with EDC provides us with the opportunity and ability to access and use the funds previously held as restricted deposits supporting our bank guarantees," said Mr. Paul Miller, President and CEO of GeoGlobal. "We intend to use these funds for ongoing operations and continue to evaluate additional financing options as part of our overall capital management strategy.
Israel Rig Contract - Myra and Sara Licenses
The Company has entered into an Assignment Agreement with a third party whereby GeoGlobal has taken assignment of the third party's rights and obligations to an existing Drill Rig and Associated Services Contract for a Semisubmersible Drilling Rig subject to certain terms and conditions.
"We continue to work closely with government and our partners to move our offshore Israel exploration program for the Myra and Sara licenses forward in a timely fashion." said Mr. Paul Miller, President and CEO of GeoGlobal. "The signing of this Assignment Agreement continues our commitment to drilling our first well in this region which we still expect to happen in calendar 2011,"
About GeoGlobal
GeoGlobal Resources Inc., headquartered in Calgary, Alberta, Canada, is a U.S. publicly traded oil and gas company, which, through its subsidiaries, is engaged in the pursuit of petroleum and natural gas in high potential exploration targets through exploration and development in India, Israel and Colombia.
Cautionary Statement For Purposes Of The "Safe Harbor" Provisions Of The Private Securities Litigation Reform Act Of 1995
This press release contains statements which constitute forward-looking statements within the meaning of the US Private Securities Litigation Reform Act of 1995, including statements regarding the plans, intentions, beliefs and current expectations of GeoGlobal Resources Inc., its directors, or its officers with respect to the oil and gas exploration, development and drilling activities being conducted and intended to be conducted and the outcome of those activities on the exploration blocks in which the Company has an interest. The company updates forward-looking information related to operations, production and capital spending on a quarterly basis and updates reserves, if any, on an annual basis. The Company's forward looking statements include, among others, its statements and estimates as to:
More http://finance.yahoo.com/news/GeoGlobal-Provides-iw-2792010195.html?x=0&.v=1
Yahoo! says ROY JEAN PAUL still has 31,730,600 shares so selling some now isn't the end of the world if he is short of cash and needs spending money but I have a hard time recommending anyone buy higher than what the former CEO and largest shareholder is selling shares at.
http://biz.yahoo.com/t/07/5945.html
ROY JEAN PAUL: Declared Holdings
Company/Relationship Reported Shares Ownership
GeoGlobal Resources Inc. Common
Director
AMEX:GGR
(historical quotes, profile, other insiders) 12-Apr-11 31,730,600 Direct
I'd like to know why the top insider is selling
http://finance.yahoo.com/q/it?s=GGR+Insider+Transactions
Insider Transactions Reported - Last Two Years
Date Insider Shares Type Transaction Value*
Apr 12, 2011 ROY JEAN PAUL Director 5,000 Direct Sale at $0.52 per share. 2,600
Apr 11, 2011 ROY JEAN PAULDirector 25,200 Direct Sale at $0.51 - $0.52 per share. 13,0002
Apr 8, 2011 ROY JEAN PAULDirector 120,000 Direct Sale at $0.54 - $0.58 per share. 67,0002
Apr 7, 2011 ROY JEAN PAULDirector 60,200 Direct Sale at $0.52 - $0.55 per share. 32,0002
Apr 6, 2011 ROY JEAN PAULDirector 260,000 Direct Sale at $0.51 - $0.61 per share. 146,0002
Apr 5, 2011 ROY JEAN PAULDirector 50,000 Direct Sale at $0.60 - $0.62 per share. 31,0002
4:29PM Finisar reports EPS in-line, beats on revs; guides Q4 EPS, revs below consensus (FNSR) 40.04 : Reports Q3 (Jan) earnings of $0.47 per share, excluding non-recurring items, in-line with the Thomson Reuters consensus of $0.47; revenues rose 57.6% year/year to $263 mln vs the $257.9 mln consensus. Non-GAAP gross margin decreased to 34.7% of revenues from 35.5% in the preceding quarter but increased from 32.2% in the third quarter of the prior year. Co issues downside guidance for Q4, sees EPS of $0.31-0.35, excluding non-recurring items, vs. $0.48 Thomson Reuters consensus; sees Q4 revs of $235-250 mln vs. $268.55 mln Thomson Reuters consensus. During Q4, the co will be impacted by the full three months of the annual price negotiations with telecom customers that typically take effect on January 1, the 10-day long shutdown at certain customers for Chinese New Year in February, the adjustment of inventory levels at some telecom customers, particularly for products which had previously been on allocation and long lead times, including WSS and ROADM line cards, and a slowdown in business in China overall.
Finisar to Announce Third Quarter Financial Results
Finisar Corporation (NASDAQ: FNSR), a global technology leader for fiber optic subsystems and components for communication applications, confirmed that it will announce its third quarter results for the period ended January 30, 2011, at the close of market on Tuesday, March 8, 2011. The announcement will be followed by a conference call with analysts at 2:00 p.m. PST/5:00 p.m. EST.
Jerry Rawls, Finisar Corporation's executive Chairman of the Board; Eitan Gertel, Chief Executive Officer; and Kurt Adzema, Chief Financial Officer, will discuss financial results for the quarter and answer questions from analysts who follow the Company.
Internet access: See investor relations page at www.finisar.com.
Phone access: Domestic 1-888-609-5698 or International +1-913-312-1477. Conference ID 9631182.
A replay of the webcast will be available on the investor relations page of the Company's website shortly after the call. An audio replay will be available for two weeks following the call by dialing 1-888-203-1112 (domestic) or +1-719-457-0820 (international) and then, following the prompts, enter conference ID 9631182 and provide your name, affiliation, and contact number.
About Finisar
Finisar Corporation (NASDAQ: FNSR) is a global technology leader for fiber optic subsystems and components that enable high-speed voice, video and data communications for telecommunications, networking, storage, wireless, and cable TV applications. For more than 20 years, Finisar has provided critical optics technologies to system manufacturers to meet the increasing demands for network bandwidth and storage. Finisar is headquartered in Sunnyvale, California, USA with R&D, manufacturing sites, and sales offices worldwide. For additional information, visit http://investor.finisar.com.
Investor Contact
Kurt Adzema
Executive Vice President and CFO
+1.408.542.5050
Investor.relations@finisar.com
Media Contact
Victoria McDonald
Corporate Communications
+1.408.542.4261
press@finisar.com
Funny Stifel Nicolaus upgraded their FNSR target to $41 when it is just below $40...
Finisar Target Price Changed by Stifel Nicolaus’s Analysts – NASDAQ:FNSR
Tuesday, February 8th, 2011
Finisar Corporation (NASDAQ:FNSR) recently achieved its fifty two week high price for the second consecutive day on February 7, 2011. Equities research analysts at Stifel Nicolaus reiterated FNSR by raising their price target on shares of FNSR to $41 in a research note to investors on February 4, 2011.
FNSR after opening at $38.80 hit record 52 week high price of $40.75 and then closed at $38.93 by scoring -0.10%. It traded 4.06 million shares which were more than average volume of 3.03 million shares.
FNSR generated revenue of 804.25 million in the following twelve months and earned $72.93 million. The Company showed a positive 9.07% in the net profit margin and as well as in its operating margin which remained 10.19%. Company’s annual sales growth for the past five year was 17.53%.
The FNSR past twelve months price to sales ratio was 3.91 and price to cash ratio remained 17.01. As far as the returns are concern, the FNSR return on equity was recorded as 24.13% and dropped 17.16% return on investment while its return on asset stayed at 12.96%.
The stock showed weekly upbeat performance of 16.91% which was maintained for the month at 20.71%. Likewise the positive performance for the quarter was recorded as 101.81% and for the year was 287.75% while the YTD performance remained at 31.12%.
The liquidity measure in recent quarter results of the company was recorded 3.87 as current ratio and on the other side the debt to equity ratio was 0.28 and long-term debt to equity ratio also remained 0.27. The Company had total cash at hand $184.93 million and a book value per share as $5.50 in the most recent quarter.
The stock price volatility was 4.33% for a week and 4.98%
http://techweek.org/32601finisar-target-price-changed-by-stifel-nicolauss-analysts-nasdaqfnsr.html
Day Date Open High Low Close Volume
=== =========== ========== ========== ========== ========== ===========
Tue 08-Feb-2011 39.1500 39.2100 38.1700 38.9500 2183308
Mon 07-Feb-2011 38.8000 40.7500 38.4000 38.9300 4058809
Fri 04-Feb-2011 38.6300 39.9000 37.4700 38.9700 7295621
Thu 03-Feb-2011 34.4800 34.7300 33.8000 34.4300 1659933
Wed 02-Feb-2011 34.0600 34.9800 34.0200 34.4300 1694204
Tue 01-Feb-2011 33.6800 34.8500 33.6800 34.3100 3036312
Mon 31-Jan-2011 32.3000 33.6000 32.2300 33.3000 3684647
Finisar hit $40.75 today then backed off to close down a tad. Not bad after Friday's huge jump.
Day Date Open High Low Close Volume
=== =========== ========== ========== ========== ========== ===========
Mon 07-Feb-2011 38.8000 40.7500 38.4000 38.9300 4058809
Fri 04-Feb-2011 38.6300 39.9000 37.4700 38.9700 7295621
Thu 03-Feb-2011 34.4800 34.7300 33.8000 34.4300 1659933
Wed 02-Feb-2011 34.0600 34.9800 34.0200 34.4300 1694204
Tue 01-Feb-2011 33.6800 34.8500 33.6800 34.3100 3036312
Mon 31-Jan-2011 32.3000 33.6000 32.2300 33.3000 3684647
JDS Uniphase CEO Discusses F2Q2011 Results - Earnings Call Transcript
http://seekingalpha.com/article/250790-jds-uniphase-ceo-discusses-f2q2011-results-earnings-call-transcript?source=yahoo
JDS Uniphase Longs Jump on the Telecom Express
http://seekingalpha.com/article/250820-jds-uniphase-longs-jump-on-the-telecom-express?source=yahoo
From Briefing.com: 4:08PM (yesterday) JDS Uniphase beats by $0.10, beats on revs; guides Q3 revs above consensus (JDSU) 17.93 +0.01 : Reports Q2 (Dec) earnings of $0.29 per share, $0.10 better than the Thomson Reuters consensus of $0.19; revenues rose 16.0% year/year to $477.2 mln vs the $438.6 mln consensus. Non-GAAP gross margins were 48.8%. Co issues upside guidance for Q3, sees Q3 revs of $440-460 mln vs. $420.84 mln Thomson Reuters consensus.
thanks. I posted it on my blog.
Do you mind if I repost this elsewhere to spread the news of NNVC?
Let me know how you want me to attribute this great work to you.
Thanks.
I haven't heard a peep from you in awhile.
I hope you are OK and busy flying planes.
Hopefully you did not do what I've warned for over a decade happens with those who trust market timers like Brinker.... they give up at the very worst time.
Did you give up on Brinker calling bottoms after bottoms all the way down from mid 1400s so you sold out after this post ( msg# 267 ) just days before the bear market bottomed at $676?
Brinker Fixed Income Advisor- 2009 Performance
Oddly, this return data for 2008 is not posted anywhere I can find on any of Bob Brinker's web sites. Probably not good for newsletter sales to post it.
Mark Hulbert says Brinker's "fixed income advisor" model portfolio #1 lost 21.7% last year, 2008.
Mark Hulbert says Brinker's "fixed income advisor" model portfolio #2 lost 11.5% last year, 2008.
Mark Hulbert says Brinker's "fixed income advisor" model portfolio #3 lost 5.2% last year, 2008.
==> The Total Bond Index Fund at Vanguard gained 5.1% last year, 2008.
Mark Hulbert says Brinker's "Fixed income only" portfolio in “Marketimer” lost 2.1% in 2008.
ALL FOUR of Brinker's fixed income ONLY portfolios lost money in an up year for fixed income, 2008.
Brinker's "Balanced" Model Portfolio #3 lost 23.9% in 2008. To put this in perspective:
Vanguard's GNMA fund had stellar performance in 2008 gaining 7.22%
The Total Bond Index Fund gained 5.05%.
Vanguard's Total Stock Market Index Fund lost 37.04% in 2008.
My "Free advice" balanced portfolio that I've been giving since the 1990s, half in Vanguard's Total stock fund and half in total bond fund averaged out to a loss of "only" 16% in 2008. This beat Brinker's balanced portfolio by about 8%!
Not only did Brinker's "Balanced portfolio #3" ride the bear market down from the top "fully invested." Its performance was far worse than low fee benchmarks such as half in total stock and half in total bond market funds from Vanguard.
Brinker's "Marketimer" model portfolio #1 lost 39.7% last year, 2008.
Brinker's "Marketimer" model portfolio #2 lost 37.4 last year, 2008.
Brinker's "Marketimer" model portfolio #3 lost 23.9 last year, 2008.
This is an excerpt of what Hulbert wrote about Brinker's performance:
"Brinker’s fund selections on average have lagged the market. The HFD reports an 8.7% annualized gain for his “Aggressive” portfolio, which is 0.6 percentage points per year less than what this portfolio would have made if each of its funds were invested in the DJ Wilshire 5000 during the times they were owned.
Please note: In late 2000, Brinker forecasted a several-month bear market rally and recommended an investment in the NASDAQ 100 Index, a trade that turned out quite unprofitably. However, because Brinker at the time of making this forecast chose not to make this trade part of his model portfolios (he did not tell his subscribers this little fact until weeks after the rally failed to materialize), his HFD record has not suffered as a result."
__ March 2009 by Mark Hulbert on Pg 4 of the April 2009 issue of "The Hulbert Financial Digest"
Brinker doesn't beat the market even with a handicap "Math Junkie" calculated lowered the total of P3 by 30% from what Brinker reports.
Hey Math
I haven't heard from you in a long time on SI. Are you still around? I hope all is well.
Kirk
My record, not the topic here and not something I brought up, beats the market significantly but with the market down so much, it is like wining the one legged man ass kicking contest lately since I am down from the top.
Kirk out
#board-1574
You know I don't normally promote market timing, but....
There are three people I think have exceptional records for the past decade or more besides my own:
A friend of mine has an amazing record you can follow for free at Trading Futures with Groundzero" at http://www.facebook.com/board.php?uid=10599630106 and http://www.facebook.com/board.php?uid=10599630106#/group.php?gid=10599630106
I tracked him for over a year and he was amazing. You seem to enjoy tracking people with a good short term trading record so maybe you will want to follow him and see if his luck/skill continues. He was short for most of the decline and makes money on most of the up and down rallies. He's more amazing than Zev was in his day...
Be warned, I don't invest my own money in it but do pay attention to the signals for taking profits or buying the major declines. But given his success, I wish I had!
Sy Harding also has a great record with his "Seasons in the Sun" strategy http://www.facebook.com/board.php?uid=2267714264#/topic.php?uid=2267714264&topic=3235&post=49729#post49729
and of course, Warren Buffett did great avoiding both the internet and housing/debt bubbles safely in US Treasuries. He is now long:
Friday, October 17, 2008
Warren Buffett Buy Signal
http://kirklindstrom.blogspot.com/2008/10/warren-buffett-buy-signal.html
Kirk out
#board-1574
I warned you years ago. The chart below is worth thousands of words... but first a few from Brinker for the record:
Bob Brinker wrote in the January 2008 Marketimer with S&P500 @ 1468.36:
“In summary, the Marketimer stock market timing model indicates that conditions are favorable for the market as we enter 2008."
And
"We expect the S&P Index to achieve new record highs this year and to reach the 1600’s range in the process. “
The S&P500 was just in the 800's Bob....
and put up with quite a bit of your nonsense when I tried to warn you.....
Kirk out
#board-1574
I believe he says he uses real money now and uses it to pay for his trips.
Do you follow Ground Zero's spiral?
All that bear stuff is there yet Ground Zero went long two futures contracts this AM at 1215 and 1217.
http://www.facebook.com/topic.php?uid=10599630106&topic=15266
(you may have to register but it is free and he's amazingly accurate...)
Qout posted a graph of the Case-Shiller index here
http://101refugees.blogspot.com/2008/07/home-price-forecast.html
It looks like a 2009 bottom.
Donald Trump and others said this is the year to look for bargains... but he's a seller so hard to trust.
I've done charts of the DOW priced in Gold that show a clear secular bear market since 1999. I need to update but this is good as of Aug
http://kirklindstrom.blogspot.com/2008/08/dow-priced-in-ounces-of-gold-secular.html
and I believe the ratio is now at the 200 DMA....
So...maybe we need to break the downtrend channel on the chart for real estate and the overall market to really rally?
Maybe not soar, but I think it will go up. There is talk of housing prices hitting a bottom in the next year and all sorts of stories in the papers here in CA about lower mortgage rates have people refinancing for lower payments and/or money out to remodel again.
New consumer sentiment numbers come out tomorrow.
With gasoline and oil prices 30% off peaks
More charts and story: http://kirklindstrom.blogspot.com/2008/09/chart-of-us-dollar-oil-prices-and-s.html
Consumer sentiment should soar
Soaring consumer sentiment from more money in our pockets not spent at the gas pumps could lite the candle under the markets!
New consumer sentiment numbers come out tomorrow.
With gasoline and oil prices 30% off peaks
http://kirklindstrom.blogspot.com/2008/09/chart-of-us-dollar-oil-prices-and-s.html
Consumer sentiment should soar
http://www.martincapital.com/chart-pgs/Ch_conco.htm
This could lite the candle under the markets.... unless of course it doesn't.... 8^)
I don't follow Elaine other than when I see her on NBR. She may have been bullish last year then got cautious after her appearance. I don't know. She used to be on Kudlow's show a lot. Too bad nobody I am aware of covers his show like they do Cramer's or Brinker's
Brinker and Cramer are easier to track since they are on TV/Radio so often. Of course, Cramer can spin like at top as my favorite video shows in:
Jim Cramer Advice "The Flip-Flop that Ought to be Illegal"
http://momentumstockinvestor.blogspot.com/2008/06/jim-cramer-advice-recap-from-june-13.html
The guy who did that video does an exceptional job.
Brinker's trick seems to be giving new buy signals as the market goes down and hiding the fact he's been fully invested since 2003. The newsletters seem to be written to give as free samples in case the market does what he predicts so he doesn't cover the past mistakes at all... He's given three
all in buy signals" in the last year (despite being fully invested) and we never hear about them on the show unless the market recovers....
See "Two Years of Nothing: Bear Market Update"
http://bobbrinkerfanclub.blogspot.com/2008/08/two-years-of-nothing-bear-market-update.html
All 3 buy signals are circled on the chart that you can see full sized at the blog.
Kirk out
#board-1574
NanoViricides Inc. Appoints Renowned Ophthalmologist Dr. Kazuo Tsubota to Scientific Advisory Board
BUSINESS WIRE
Posted: 2008-07-28 07:08:36
WEST HAVEN, Conn.--(BUSINESS WIRE)----NanoViricides, Inc. (OTC BB: NNVC.OB) (the "Company"), said that the internationally renowned Japanese ophthalmologist and corneal researcher, Kazuo Tsubota, MD, PhD, has agreed to join the Company's Scientific Advisory Board. Dr. Tsubota is currently Professor and Chairman of the Department of Ophthalmology at Keio University School of Medicine in Tokyo, Japan.
"I have already had licensing discussions with Japanese pharmaceutical companies regarding EkcCide(TM)," said Dr. Tsubota, adding, "There has been significant interest in Japan in the excellent animal study results from the Institute in New York."
"Dr. Tsubota will be helping us prepare the Company's nanoviricides drug candidates to enter the regulatory approval process in Japan. Initially, he will focus on viral eye diseases such as EKC and Herpes virus infection, among others," said Eugene Seymour, MD, MPH, CEO of the Company.
There are a number of different viruses that cause both viral conjunctivitis and keratitis (inflammation of the cornea). Adenovirus is a common cause of the very severe and potentially debilitating EKC. Herpes simplex virus (HSV-1) is another important infection of the eye. HSV-I infection is frequently recurrent and can lead to corneal scarring which may necessitate corneal transplantation.
The Company has previously reported that EkcCide was shown to cause rapid and clear clinical recovery of infected animal eyes in a study conducted by a renowned US ophthalmologic Institute. The infection in this study was caused by adenovirus 5, supplied by the Centers for Disease Control and Prevention (CDC). Representative photographs are posted on the Company's website (www.nanoviricides.com).
EkcCide is the Company's nanoviricide(TM) drug candidate designed against the adenovirus that causes epidemic-kerato-conjunctivitis (EKC). The Company anticipates that the eye-drop formulation of this broad-spectrum nanoviricide drug candidate may have significant potential against other viral causes of EKC, herpes infection of the eye and the less severe viral conjunctivitis diseases as well. Common viral conjunctivitis is highly contagious and occurs primarily in schools and other crowded settings, as well as in immuno-compromised populations. While the Company currently has no approved product for the treatment of EKC and viral conjunctivitis, the treatment and prophylaxis market for EKC and other viral causes of conjunctivitis is expected to be in the order of several billion dollars annually.
About Kazuo Tsubota, MD, PhD:
An internationally recognized eye specialist, Professor Tsubota is Chairman of the Department of Ophthalmology at Keio University School of Medicine, his alma mater, where he received his MD in 1980. He was the first Japanese recipient of the American Academy of Ophthalmology Honor Award in 1994. He is Chief Surgeon at the Minamiaoyama Eye Clinic in Tokyo, Japan. He heads a large dry eye research group and also the largest refractive (eye) group in Japan, which has several clinics throughout the country. He is author of more than 350 scientific peer reviewed articles. He is editor of several specialty books in ophthalmology and is also a reviewer for many international journals in ophthalmology.
About NanoViricides:
NanoViricides, Inc. (www.nanoviricides.com) is a development stage company that is creating special purpose nanomaterials for viral therapy. The Company's novel nanoviricide(TM) class of drug candidates are designed to specifically attack enveloped virus particles and to dismantle them. The Company is developing drugs against a number of viral diseases including H5N1 bird flu, seasonal influenza, HIV, EKC, hepatitis C, rabies, dengue fever, and Ebola virus, among others.