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Well, Paul wants to enhance the shareholders value.
May 13 (Bloomberg) -- The benchmark interest rate for at least $347 trillion of derivatives and 6 million U.S. mortgages is set for its biggest shakeup in a decade on concern that banks misquoted their true borrowing costs
http://www.bloomberg.com/apps/news?pid=20601109&sid=asolOLN8ySF4&refer=home
crash?
Technical information:
0.0004 a new support
close above 0.0007-8 may be the start of a reversal.
You are really smart.Unfortunately long term shareholders that helped to build the company are bagholders and many cannot even average down.
Good for you. It is time to increase our investment.
Do you see 1281 level or we go up after 1310?
How long is a reload? Today stuck on low volume.
We live in the trenches out there. We fight. We try not to be killed.but sometimes we are
Will it run?
I hope you are wrong and Paul will pull through eventually, but nothing here supports it.
This is terrible.A lot of people lost here a lot of money.
Tel Aviv turned off its lights at 8 P.M. on Thursday night, making it the first in the world to do so as part of Earth Hour. The rest of the 35 nations participating in the initiative will turn off their lights at 8 P.M. local time on Saturday night. Because of Shabbat, Tel Aviv decided to bring Earth Hour forward.
From: Mish's Global Economic Trend Analysis
Story: Citigroup VIEs Raise Question Of Solvency
The new source of potential losses: so-called variable interest entities that allow financial firms to keep assets such as subprime-mortgage securities off their balance sheets. VIEs may contribute to another $88 billion in losses for banks roiled by the collapse of the housing market, according to bond research firm CreditSights Inc. Goldman, which hasn't had any of the industry's $163 billion in writedowns, said last month it may incur as much as $11.1 billion of losses from the instruments.
VIEs, known as special purpose vehicles before Enron Corp.'s collapse in 2001, finance themselves by selling short- term debt backed by securities, some of which are insured against default.
Now that Ambac Financial Group Inc. and other guarantors have started to lose their AAA financial strength ratings, Wall Street firms may be forced to return those assets to their books, recording the declining value as losses.
http://www.stocktiming.com/Tuesday-DailyMarketUpdate.htm
Online interview with Paul
Received google alert
SPZI - CEO Interview with Paul Strickland
CEO and Founder, Paul Strickland, speaks about the Company\'s history, regulatory issues, and his aspirations for a global roll-out of SpoozToolz--an emerging software-based trading market analysis platform.
By Link from Youtube
probably new
http://www.thefinancialrecord.com/viewVideo.php?video_id=132&title=SPZI___CEO_Interview_with_Paul_Strickland
more than million not sold yet any
www.chart-cafe.net/scharts/indexCharts.htm
DKGR Gold Rush Stock
Hi Pokersam
Thanks, You been right and also Robert McHugh who send today in the morning warning to all his subs about today's falling market.
I thanked ITGuy for claryfing this point, so I do not understand personal attacks on this board.R/S is a killer for many stocks and it is not contemplated only at this time.
Thanks ITGuy.
Hi Allie
You mentioned that Paul stated at the shareholders meeting that they are not in favor of a R/S simply because they don't work.
Now Paul answered differently
Will SPZI ever do something against the huge number of outstanding shares once it makes money from operations? I mean clearly no company with o/s at 1.5 billion and trading under a penny a share will get taken seriously in the international market place. I guess if you really want to make "waves" in the "trading systems business world" out there I guess listing on the pink sheets is not looking very serious to others.
I can not comment on this at this time. We are concentrating on products and profitability at this time. After profitability is achieved, the solution to this problem will become much more clear.
Aren't two statements contradict each other.Didn't he promise no R/S.
The dollar goes kaput and gold up up.
If they have gold, than we all lucky.
Not exactly. I have an order for 0.0045 for a looong time. IT is not filled
Did C down confirmed.
Banking Industry Blowout: When Will This Bloodbath End?
by Stephen Oakes, Editor, Volume Spike Alert
Although I continue to remain bullish on the U.S. domestic equity markets in the long run, we are likely to experience a continued pullback over the next couple of weeks before the year-end rally begins. Industry-leading large-caps will continue to be favored over their small-cap and growth counterparts for the remainder of the year.
The recent sell-off in the markets were validated on Thursday when Bank of America missed analysts’ estimates, justifying the gloomy mood that investors share with regards to the current credit crisis. The company reported third-quarter earnings of $3.7 billion, or 82 cents a share, from $5.42 billion, or $1.18 a share, a year prior. Profits took a disappointing 32% hit, mirroring that of other financial institutions
As the No. 2 bank, Bank of America continues to serve as a bellwether stock for the entire banking industry. These results only added to the fire after Citigroup saw its profit drop 57% in the same quarter.
As more and more borrowers default on their loans, many banks across the country have their backs to the ropes. If they decide to cut down on their lending activity, the current loans on the books will slowly be paid off with no new deals to take their place. As a result, the legal lending limit diminishes and they may be forced to close branches.
On the other hand, if they decide to pursue additional business, banks may find that their costs of funds are too great as a result of cutthroat competition from other players in the industry. This scenario plays out well for borrowers looking to get great rates and plenty of additional incentives to borrow money. However, banks can only tolerate poor return on investment for so long, which is why you see dismal earnings coming to light in the news each quarter.
To determine where the banking industry goes from here, I analyzed the bank index (ticker BKX).
On the three-year weekly chart below you’ll notice a wide-ranging symmetrical triangle pattern that the stock had been trading in since early July. As recent trading activity confirms, this was a temporary period of indecision that ultimately resulted in the bears regaining lost momentum. From its peak near $122, the index has shed 15.66% and is now trading around $102.90.
Major support is near this area, as represented by the upper horizontal black line drawn. If a successful test of this level fails to materialize, you could easily see the index collapse to the $95 mark, its lowest level in over three years’ time. This disastrous event would be felt industry-wide, but if held could help investors find a bottom.
Bank Index
The bottom line here is that you should stay away from bank stocks to avoid getting trapped from the occasional short-lived buying swings. The overall downward trend is just too strong, so don’t even bother fighting it. The situation will continue to get worse before it gets better.
Good investing,
Stephen
Are shorts covering today or something is going on? Unusual volume and rise in PPS.
If Israel decided to strike after Putin visit. I wonder how low the market will go.
"Warning letters delivered to thousands of Jewish families in Iran advise them to leave the country without delay"
What is your projection for SDS at the end of the month
Thanks
Peter Grandich predicts 'unprecendented economic tsunami'
More than 20 years after calling for the biggest market crash in history, Peter Grandich is warning investors to “Man your battle stations.” In a special alert to readers of The Grandich Letter on Sunday – a day before the 20th anniversary of 1987’s Black Monday market collapse – Mr. Grandich predicted that an “unprecedented economic tsunami” will hit American beginning in 2008. Criticizing America for its love of CNBC Mad Money host Jim Cramer, Mr. Grandich said “BOOYAH can KILLYAH!”
Was today on BNN predicts Bear market. SCARRY
http://communities.canada.com/nationalpost/blogs/tradingdesk/archive/2007/10/15/peter-grandich-predi....
ts-unprecendented-economic-tsunami.aspx
They filled only 36000 shares for 0.005 out of order of 40000.
Probably shares are tight.
Going up is understatement. Spzi will blast up and pretty soon.
Bullish Engulfing Pattern
As implied in its name, this trend suggests that the bulls have taken control of a security’s price movement from the bears. This type of pattern usually accompanies a declining trend in a security, suggesting that a low or end to a security's decline has occurred.
http://www.stockta.com/cgi-bin/analysis.pl?symb=SPZI&num1=17&cobrand=&mode=stock
http://semibizz.blogspot.com/
They keep going up on lighter and lighter volume and then BOOOOOM!!!
Is it the start of the dive and what do you think the bottom will be in the SP 500
Thanks
opinion of Peter Eliades
Stockmarket Cycles
"In 3 trading days, on Wednesday, October 3, the market will face the worst 5 week period in the decennial pattern. It is a vicious decline with nary a rally day in it and although I can't give you a reason why, I can tell you the consistency of the pattern is nothing short of remarkable."
So not everybody think that market will go up.I don't know how accurate he is.
It is a matter of a vision. I feel that Paul has a vision and a goal.That what makes me so exciting for the company future.
Thanks Allie for email
What is the pps for your order. I put for 0.008 but they only filled mine for 0.009
Just got 100000 for 0.0045.Just to average down for the first time. It usually goes down after I buy.This goes up.
Maybe we'll drink champagne.
http://www.stockta.com/cgi-bin/analysis.pl?symb=NMCX&num1=13&cobrand=&mode=stock
overall- bullish short-bullish long-very bullish