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.
Ok. So where's it going next week?
P.S. joe doesn't play bankrupt stocks :)
Why will it do those things you say?
Because some days it goes down?
Yes. How come we don't get a refund when it's not working right?
Rob McEwen says that too:
http://seekingalpha.com/article/92344-interview-with-u-s-gold-s-rob-mcewen-gold-will-start-shining-again
He mentions RBY toward the end (about 8 pages down).
Apologies if this has already been posted.
Nice beach.
RE: XCHO
The Sunpill has been around for a while. The BBB referred the company marketing it then to the FTC for false advertising two years ago.
http://www.msnbc.msn.com/id/13690985/page/2/
(Note the date of the above link is July, 2006)
http://www.npicenter.com/anm/templates/newsATemp.aspx?articleid=18492&zoneid=3
http://www.remedylife.com/general/video/content?assetid=50&atid=1
http://abcnews.go.com/WNT/Video/playerIndex?id=1982668
They've been marketing this product for years.
Pharmaceutical grade dextrose is used in IV solutions. It's a pure form of sugar. Usually known as the glucose IV.
Sugar - glucose.
I own a PUDZ stock?
Thanks.
The next question was how long MYST might remain in this pattern.
You and Joe seem to believe it will clear out after earnings come out soon. I don't know how many shares are out there to be sold but not sure that will be the solution.
Do you think MYST has some problem with market makers, determined sellers, or some kind of dilution?
Ameritrade was showing 2.60/3.24 for a while. They seem to have corrected it.
It's a MYSTifying MYSTery.
They are showing up a lot of places. It's a Zack's #1 Momentum pick.
http://www.zacks.com/commentary/11516/RINO+International+Corp.+1151600
One of the articles cited in my previous post says Chinese coal-power plant installation has "slowed" to one per week.
"And now, just 15 months later, with construction of coal-fired plants having slowed to one a week and still falling, it appears that China will have 30,000 megawatts of wind energy by the end of next year — which was previously the target for 2020, Mr. Li said."
http://www.nytimes.com/2009/07/03/business/energy-environment/03renew.html
Re: The steel market
China is gearing up for a huge renewable energy push. A large part of this is wind turbines, with the towers generally made of steel. And their protectionist policies require a lot of the materials to be made in China.
Although there are going to be problems fitting wind farm electricity into the existing grid structure they are going ahead with vast wind farm plans that dwarf anything else in the world. They are building among others, seven 10,000 MW wind turbine projects.
Here's a few interesting articles:
"China is also expected to boost its long-term wind requirement to 150 gigawatts, up from the current 100 gigawatt target, by 2020, industry sources said. Jenkins said China could provide $44 billion to $66 billion for wind, solar, plug-in hybrid vehicles and other projects. Fan said China also plans to make sure that many of the orders go to its own firms, Gold Wind and Sinovel."
http://www.washingtonpost.com/wp-dyn/content/article/2009/07/15/AR2009071503731_2.html
http://www.chinadaily.com.cn/bizchina/2009-06/30/content_8335789.htm
China also has a need for power lines to connect far-flung wind farms, the towers for these also require steel.
http://www.chinadaily.com.cn/bizchina/2009-07/07/content_8385860.htm
When is the reverse split scheduled to take place?
Good for you. I wish I'd been watching the computer a little more yesterday.
It's a grandma thing.
I just bought 10,000 shares of ROTFLQ.
Waiting for a comeback.
Isn't there a time period they have to be above $4 a share?
If so, after a reverse split, would they get credit for the equivalent days at $1 or so?
Thanks for the information.
Too late to buy in?
Where do you see this going?
What of people who say reading between the lines and trying to expand the indictments is not fine in their opinion but who themselves post on a a wide variety of issues having little to do with the indictments?
Horseradish, IMO.
If Bernie Madoff were posting here about a great investment for you to sink your money into, and some posters claimed he was lying and manipulating and it was a false investment, those posters' posts would be deleted and they would be banned, restricted, jailed, etc. while Bernie went on posting 50-110 times a day about some great investments.
Moderators would be instructed to ignore complaints against him because they were personal attacks.
I don't think I'm exaggerating at all. I've seen this happen a number of times and market manipulators lying about stocks have been identified and made directly known to Matt Brown.
IHUB makes the case it doesn't rule on truth but it allows massive public and personal attacks by scam artists and fraudsters while deliberately SUPPRESSING efforts to point them out and barring truthful posters.
Horseradish.
That's the problem. When you expose someone who is lying or manipulating that is called a personal attack, the post deleted and the liar/manipulator/pumper allowed to continue.
But why aren't lying manipulating posts personal attacks? They sure seem personal to me. They are not only personal, they are attacks on the entire general public.
So why are they allowed and someone who points them out deleted, restricted, banned, or jailed?
Horseradish.
Thanks for the info.
That sounds very useful. Thanks.
320 responses to the survey so far:
Should Matt still be posting? 65% No
Should ADVFN temporarily remove Matt from duty? 73% Yes
How happy are you with ADVFN(Clem's) response to the situation?
66% unhappy
Aaaahhh! Horseradish clears the sinuses, eh?
This is inspiring. After starting to apply some of your methods in very small scale trading I am doing much better than previous months.
I started this in April. After selling off some long term losers in April of over $1000 worth I ended April -$964.05 with 500 free shares at .80.
In May trades I am up +$826.08 in 12 trades (7 being winners).
It may not look like much but it's the turnaround and the potential that counts as I am positioned for greater gains now.
Thanks for your great work.
Perhaps some of the people posting here are sharing their opinion of the evidence presented so far by the SEC and DOJ in the respective suit and indictments.
It is sort of like people who shared their opinion of the evidence against OJ and Bernie Madoff. It doesn't necessarily mean they are a lynch mob.
Your own posts often speak of others in quite judgemental terms of certainty.
And despite all this, I had some more horseradish. Horseradish cannot be denied.
That's sort of why Bernie Madoff avoided a jury trial. He knew it would be even worse.
Good point. There has been a massive increase in defense and security spending by the government, perhaps the biggest in history in the last eight years. It's surprising that with such massive spending the economy hasn't been better, but perhaps it's what it is being spent upon. Spending for foreign wars goes pretty much down the drain, especially when funded almost entirely by debt.
In contrast, most of the increased spending targeted at averting an economic collapse is to sustain and create businesses and jobs.
I have a degree in history. I've read a it as well as some economics.
If tax cuts are the answer then why not cut taxes to zero?
The result of the Bush tax cuts has been the worst economic recession since the Great Depression. That's history for you.
"The economy is working to right itself."
No, it's not. It cannot. That's why government intervention is necessary and is the only way to stop economic collapse. The very point of the intervention is because "the economy" cannot save itself.
If the government does not save some of these businesses it could mean a huge general collapse. For instance, GM has 1500 parts suppliers. Those parts suppliers order from factories themselves. They could all be out of work and this could also force other car companies into bankruptcy as parts suppliers can't exist on small orders. That means a lot of people out of work, people that might be buying cars and parts and consumer goods and having money in banks, banks which could collapse because there's no money to put in them. And the stores and service which depend on these people spending could collapse as well as the housing market because these people can no longer afford mortgages which means the home building and home repair market could collapse and the suppliers to those businesses, etc., etc.
The fact is cutting taxes does not mean an increase in taxes collected. That is why many state and local governments are suffering and appealing for federal aid.
As well, historically the stock market and economy has done much better under Democratic administrations.
After not doing so for some time, the US started spending much more than it takes in after 2001. The way to do this was through debt, which has massive interest payments on top of it, most of said debt sold to China and other foreign countries.
On top of spending much more, the government cut taxes and the tax cuts were paid for by further debt requiring more interest payments.
There's a strange mantra that cutting taxes is somehow more beneficial than accruing massive debt, but ultimately the debt costs much, much more than higher taxes now.
The last administration was the first time in US history that taxes were cut while America was at war.
Now the reason deficits matter and why you don't want to go into debt in good times is because in bad times you do need to run a deficit and borrow money. The problem comes when you've been digging a hole in good times, so now you're starting from a much less safe base.
For a short-term political gain, cutting taxes, the US suffers a massive financial increase in the eventual cost to the taxpayers.
Sometimes emergency actions are necessary.
There are no guarantees. The only thing that could be guaranteed is a massive depression if governments did not take action.
Hilarious.