Replies to post #218649 on $Pistol Pete$, $Mick$ & Friends Stock Picks /news,

[mick]

Can Penny Stocks Outperform The Market This Month?
What are penny stocks? The basic definition is simply any stock trading below $5 per share. Some traders assume that penny stocks are only ones trading on the OTC or “Over The Counter”. But the fact of the matter is that these stocks aren’t limited to exchange. We’re just focusing on the price. With this in mind, let’s go over some of the groundwork here.

Just because something is “lower in price” it doesn’t mean it’s worth it to buy. Sure you can buy 1 share of Apple for around $385. But you can also buy 385 shares of a penny stock trading at $1. If that share of Apple jumped by $1, your percentage gain wouldn’t reflect anything meaningful. But if your position in that $1 stock jumped by $1, you just doubled your money.

Anyone in this scenario would be happy with this win. But also consider this, if Apple went down by a buck, it isn’t noticeable. Then again if that $1 stock simply dropped by $0.50, you just lost half of your position value. So it’s important to keep all of the risk and reward scenarios in mind.

[mick]

$AABB $AABB - ANTICIPATED NEWS UPDATES:

HIGHEST GOLD PRODUCTION

The Company is expecting its highest gold production quarter to date for the upcoming period ending June 30th, as gold prices surpass their highest level since October 2012. The Company’s gold production more than doubled in the first quarter of 2020, in comparison to the fourth quarter of 2019, due to the higher daily throughput levels and metals extraction efficiencies achieved with the new production facilities that began the operational phase-in process early this year. For the entire second quarter of 2020, the Company’s operations utilized and benefited from the production and efficiency increases established in the first quarter.

https://www.otcmarkets.com/stock/AABB/news/AABB---Asia-Metals-Inc-Anticipates-Record-High-Quarter-Gold-Production-As-Gold-Reaches-Highest-Price-Since-2012?id=265902


COLUMBIA MINING PROPERTY ACQUISITION

The company has initiated the planning and preparation process to create a development program for the Company’s new gold mine property acquisition in Colombia, South America. From the three site visits to the property prior to the Colombia travel ban in March, the Company completed significant groundwork and accumulated considerable data on the property during the due diligence process prior to the property acquisition. AABB has been utilizing this data to construct a further groundwork plan and staged development program, which is set to begin after the Colombia travel ban is lifted in the next several months.

The gold mine property consists of 912 hectares and includes an artisan mining site that has historically produced gold and silver.
https://www.otcmarkets.com/stock/AABB/news/AABB---Asia-Metals-Inc-Builds-Development-Program-For-New-Gold-Mine-In-Colombia?id=265203


ACQUISITION CAMPAIGN

The Company continues its new gold mine acquisition campaign targeting properties in South America, Central America and Mexico, which have high development potential and historic gold production. The focus of the campaign is to duplicate the successful acquisition model of the Company's existing high-density, shallow gold mine property in Guerrero, Mexico, that has known historical gold vein structures. AABB is currently directing a full-scale development and production expansion of its mine and property in Mexico.

https://www.otcmarkets.com/stock/AABB/news/AABB---Asia-Metals-Inc-Builds-Development-Program-For-New-Gold-Mine-In-Colombia?id=265203

$4 MILLION DRILL PROGRAM

Final Assay Results Of $4 Million Drill Program Expected In June And Subsequently To Begin Preparations For Mineral Resource Report
Press Following the release of the final drill phase results, the Company is planning to conduct a series of post-program activities and evaluations prior to engaging in the mineral resource and reserves report preparation process.

https://www.otcmarkets.com/stock/AABB/news/AABB---Asia-Metals-Inc-Final-Assay-Results-Of-4-Million-Drill-Program-Expected-In-June-And-Subsequently-To-Begin-Prepara?id=263517

$10 MILLION EXPANSION OF GOLD PRODUCTION FACILITIES

Near the end of the fourth quarter of 2019, AABB began a large-scale $10 million expansion of its production facilities and received the second investment payment of $9 million from its joint venture partner. The Company is anticipating a two to three fold increase in gold production levels in 2020 from the increased operational capacity.
https://www.otcmarkets.com/stock/AABB/news/AABB---Asia-Metals-67-Million-2019-Gross-Profit-Exceeds-Target-and-Validates-Mining-Operations-Expansion?id=259580

[mick]

$AABB Gold $2,074.70 +5.30(+0.26%) Silver $28.73
+0.33(+1.14%)

[mick]

The global cannabis market has been an extremely appealing investment sector with a revenue of $14.8 billion in 2019 — a robust 46 percent jump from the prior year.

While COVID-19 has had a dampening effect on many industries, the market is still expected to reach $47 billion by 2025, according to analysts at BDSA and Arcview Market Research.

The Canadian pot market, in particular, is poised for exceptional long-term growth. As one of just four nations with legalized pot, Canada is the largest fully legal recreational market in the world.

Combined with the country's roll out of its Cannabis 2.0 legalization of edibles, vapes, infused beverages and other products, Canadian cannabis producers could be a smart pick for investors.

[mick]

Is Kim Jun-Un really dead this time? Confusion in North Korea
Self-Described ‘Son of Russia’ Former Army Officer Caught Spying DAILYWIRE???
Breaking Down John Brennan’s 8 Hour Interview with US Attorney John Durham’s Investigation ZEROHEDGE
Houston Chief Recruiting from Defunded Police Departments FOXNEWS

[mick]

Why Marijuana Stocks are a Better Investment than Tesla or Bitcoin
September 1, 2020| by Chris Preston
Add Comment

https://cabotwealth.com/daily/growth-stocks/marijuana-stocks-better-investment-tesla-bitcoin/?mqsc=200901pn

Other sectors have been much hotter than marijuana stocks. And that makes them an absolute bargain today.
Since Covid began, I’ve been on a text chain with some high school buddies, discussing everything from our families to politics to obscure ‘90s movie references. Yesterday, the conversation pivoted to stocks. It started with this single line from my friend Frankie, “Tesla stock split. Get it now!”

From there, everyone else—most of whom are pretty investment-savvy, including one who works in the industry like me—weighed in with their own opinions on what to invest in today.

“Bitcoin is the play!” one of them declared.

“QQQ is my everything,” said another.

“ARK Innovation ETF (ARKK) has been killing it too,” another retorted.

The Master Key to Marijuana Profits
The end of marijuana prohibition represents a once-in-a-lifetime opportunity to get in on the ground floor of the fastest growing sector on the planet.

Since last year, we doubled our money 16 times. We’re expecting the same success to continue in the months to come. My 2020 profit guide reveals why and why our two top picks could hand you 900%+ gains in the next 12 months.

CLICK HERE TO LEARN MORE.

So here were the only two words I contributed to my friends’ text chain: “Marijuana stocks.”

Why Buy Marijuana Stocks Now
Why? Well, after peaking in January 2018, the marijuana sector spent the next two years in a downward spiral, with marijuana stocks losing 85% of their value. Six months ago, I would have said steer clear. No sense in trying to catch a falling knife, as they say. Since March, however, marijuana stocks have more than doubled … and yet they’re trading at less than a third of their 2018 peaks, as this long-term chart of the North American Marijuana Index shows.

[-chart]cabotwealth.com/wp-content/uploads/marijuana-sales-1024x536.png[/chart]



As more states legalize marijuana, U.S. marijuana sales are expected to at least triple by 2024. Having already doubled in the last four years, and with growth expected to accelerate as legalization spreads, the marijuana industry is one of the fastest-growing markets in the country. And yet marijuana stocks, on the heels of a monster, two-year crash that was partly the result of rampant legalization already being priced in, trade at about 31% of where they were more than two and a half years ago, even after a big run-up in the last six months.

Thus, over the next several years, I believe marijuana stocks will not only outpace TSLA, Bitcoin, the QQQ and the ARKK—I think they’ll outpace just about any other growth sector out there.

Which marijuana stocks should you invest in today? For that, I recommend subscribing to our Cabot Marijuana Investor advisory, run by the aforementioned Tim Lutts. Tim weathered the two-year marijuana stock selloff, and boasts an average gain of 142% on his 10 remaining marijuana stock holdings.

To learn their names, click here.

https://cabotwealth.com/tag/cabot-marijuana-investor/

[mick]

$AABB dis good summation for stepped up production. when these figures given by mgmt we should see copperland.

AABB MASSIVE DD!!!! Links provided for all!!!!
Look at how things are playing out!!! This company is following the steps to start producing some serious gold!!!!!!

AABB - Asia Metals Inc. Assay Results From $4 Million Drilling Program Establish High Grade Gold Mineralization, As Gold Outlook Remains StrongPress Release |

https://www.otcmarkets.com/stock/AABB/news/AABB---Asia-Metals-Inc-Assay-Results-From-4-Million-Drilling-Program-Establish-High-Grade-Gold-Mineralization-As-Gold-Ou?id=272597

AABB - Asia Metals Inc. Expands Production In Q3 As Gold Price Reaches All-Time High and Goldman Sachs Increases 12-Month Forecast to $2,300
https://finance.yahoo.com/news/aabb-asia-metals-inc-expands-123000920.html

AABB - Asia Metals Inc. Signs Definitive Agreement and Acquires New Gold Mine In Colombia; Drill Results From Mexican Mine To Be

https://www.bloomberg.com/press-releases/2020-04-30/aabb-asia-metals-inc-signs-definitive-agreement-and-acquires-new-gold-mine-in-colombia-drill-results-from-mexican-mine-to-be

AABB - Asia Metals Inc. Assay Results From $4 Million Drilling Program Continue To Confirm High Grade Gold Mineralization (Mexico Project)
https://www.nasdaq.com/press-release/aabb-asia-metals-inc.-assay-results-from-%244-million-drilling-program-continue-to

AABB - Asia Metals Inc. Assay Results From $4 Million Drilling Program Continue To Confirm High Grade Gold Mineralization (Mexico Project)
https://www.nasdaq.com/press-release/aabb-asia-metals-inc.-assay-results-from-%244-million-drilling-program-continue-to

All in all these guys have some serious potential and they are making some serious profits!!!
Insane production possibilities are there, massive earnings are there, the possibilities are endless!!!!

Don't listen to me though I'm just a truck driver with some common sense.

[mick]

Right now, America is on the cusp of a massive change.

The pandemic has opened our eyes:

We can no longer pretend national security means just military technology…

America’s self-sufficiency has to be at the top of the list.

The problem is, we’ve outsourced almost our ENTIRE supply chain...

Which has put us in great danger. And made us dependent on the goodwill of potential enemies – especially China.

Remember...

When coronavirus began to spread across America, China banned all exports of personal protective equipment (PPE) supplies.

I’m talking about stuff like face masks, test kits, health-care equipment, and other critical protective gear…

[mick]

3 Pharma Stocks That Are COVID-19 Resistant
IAM Newswire
September 02, 2020

The race for a novel coronavirus vaccine has lit a fuse under biotech and pharmaceutical companies. 2020 will surely be remembered as the year of COVID-19 and an unprecedented boom for these industries. During good times, pharma stocks are attractive because of their steady cash flow, high-profit margins, research and development innovations, and exclusivity of drug patents. But during a global pandemic, they become even more attractive because they are now essential to our future. They are now the superheroes who will protect the world against COVID-19. This also makes them recession-proof.

[mick]

[-chart]ih.advfn.com/p.php?pid=staticchart&s=ECOR&p=0&t=17&width=336&height=112&vol=1&min_pre=180[/chart]

[mick]

$PFWIQ IS DARE DIS ?????

MMM PERSONS
RE;
MMM PERSONS Market Maker Signals M-MARKET,M-MAKER,M-MANIPULATOR


Penny traders believe that Market Makers (MM)

will "signal" moves in advance buy using
small amounts of buys or sells as "signals".

The "signals" are such a small amount of shares
(worth no more than 5 or 10 dollars) that
no trader would have paid a commission that
costs more than the amount of shares bought.

The "signals" are from one MM to another.

100 - I need shares.

200 - I need shares badly, but do not take the stock down.

300 - Take the price down so I can load shares

400 - Keep trading it sideways.

500 - Gap the stock.

This gap can be either up or down,
depending on the direction of the 500 signal.
======================================================
505 - I am short on shares
600 - Means provide resistance
900 - Means let the stock float
911 - Pending News/Press Release On The Way
1000 - Don't let it run
2100 - Let it run

http://www.pennystockdream.com/Market-Maker-Signals

ADDING;
List Of Market Maker Signals
1. 100 - I need Shares.
2. 200 - I need Shares badly but do not take the stock down.
3. 300 - Take (or I am taking) the stock down at least 30% so I can load shares.
4. 400 - Keep trading it sideways.
5. 500 - Gap the stock. Gap can be up or down, depending on direction of 500 signal.

6. 505 - I am short on shares
7. 600 - Apply resistance at the ASK to keep the price from increasing.
8. 700 - Move the price up.
9. 777 - Also recognized as a signal to move the price up.
10. 800 - Prepare for an increase in trading volume.

11. 900 - Allow the stock to float and trade freely.
12. 911 - Pending News/Press Release On The Way
13. 1000 - Don't let it run
14. 2100 - Let it run

[mick]

merger China Infrastructure (CHNC)
0.0005 ? 0.00035 (233.33%)
Volume: 640,626,041 @09/18/20 10:19:21 AM EDT
Bid Ask Day's Range
0.0004 0.0005 0.00015 - 0.0006
CHNC Detailed Quote

[mick]

interesting, $VMSI $vizc & $OWCP
Vita Mobile (OTC Pink: VMSI) Secures Non-Toxic Equity Funding at a $150 Million Valuation
March 08 2018 - 06:50AM
InvestorsHub NewsWire
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Vita Mobile (OTC Pink: VMSI) Secures Non-Toxic Equity Funding at a $150 Million Valuation

Miami, FL -- March 8, 2018 -- InvestorsHub NewsWire -- EmergingGrowth.com, a leading independent small cap media portal with an extensive history of providing unparalleled content for the Emerging Growth markets and companies, reports on .

Vita is the missing Link between social media and current events.
Vita is set to become the next evolution above Waze in crowdsourcing data.
Crowdsourcing News – Real-time Truly Uncensored Information at your fingertips
New Artificial Intelligence to drive traffic and propagate content.
Non-Toxic Funding
“THE VITA APP IS A GAME CHANGER. IT’S CROWD-SOURCED. IT’S A CONTENT GENERATION TOOL AND IT’S ACTUALLY ALSO FUN, EASY AND FREE TO USE. IT’S A REAL WINNER” – MARTIN WADE III – CFO Vita Mobile Systems, Interim CEO / Chairman of Payless Shoes

VMSI may not be at these levels much longer.

See the Full Article and Press Releases on Vita Mobile Systems (OTC Pink: VMSI) at EmergingGrowth.com
http://emerginggrowth.com/?s=VMSI

Vita Mobile Systems, Inc. (OTC Pink: VMSI) just announced that it has entered into a funding agreement to expand the content infrastructure for its highly anticipated VITA app.

This round if funding is in the form of a non-toxic equity investment and was completed at an approximate Company valuation of $150 million. According to OTC Markets, the Vita’s current valuation is about $68 million. This round of funding took place at more than 2X its current valuation, which would put the stock at around $.14 per share.

“With the huge anticipation by the public to our up and coming beta launch, we are ensuring that we have the proper infrastructure and resources in place to manage growth, widespread use, and the capturing, storing, and categorizing of big data. In addition to expanding VITA’s infrastructure, we are also adding the necessary staff to manage the growth we anticipate from day one.” Stated Sean Guerrero, CEO Vita Mobile Systems, Inc.

See the full release here.

Vita Mobile Systems, Inc. also recently announced that it has developed a proprietary artificial intelligence platform for its flagship app VITA that is specially designed to work with other social media platforms such as Facebook (NASDAQ: FB), Twitter (NASDAQ: TWTR) and Instagram to drive user traffic to VITA. Vita Mobile Systems expects its AI algorithms to organically and successfully market the VITA app to social media users across the US as part of the Company’s initial launch marketing strategy to reach over 2 million users per day. See the full press release here.



“AI systems analyze popular trends across social platforms like Facebook, Twitter and Instagram. However, our AI can also analyze the underlying sentiment of a social media trend. Our systems can recognize feelings like happiness or sadness and pull related crowdsourced content and appropriate emotional messaging to reach people searching for these trends on various other social networks,” stated Sean Guerrero, CEO of Vita Mobile Systems, Inc.
Vita Mobile Systems (OTC Pink: VMSI), stands to be one of the early innovators in crowdsourcing news with artificial intelligence-powered social media.

Here is a summary:
VITA crowdsources these newsworthy events. Users “see it and post it.” Using VITA will not only be about news, but will also include live looks at all aspects of everyday life. People can easily share or seek out anything from organic looks at points of interest, vacation spots, or concerts and sporting events, and more anonymously. The possibilities are endless.

Being an open network social app, VITA will focus on locations and events as opposed to the users themselves. VITA fills a gap in today’s top social media apps and will supplement them by providing a fresh spin on the way that people share and consume social media. Today, users have to blindly search various sites such as Twitter, Instagram and Facebook for information on a certain event, hoping someone in their social network has some information or happened to be there.

VITA's "see it and post it" culture of sharing all media, good and bad, should open up the gates for true crowdsourced updates. VITA users will be able to view unfiltered, and real-time perspectives through the eyes of the millions of cameras documenting real life every day.

The app has a camera and also allows a user to take a picture and upload straight to VITA’s platform, where it will be geographically tagged using the google maps platform, and catalog the image. Once uploaded, the algorithms get to work categorizing and classifying the pictures and videos for future use. Lastly, the user would select an emoji for the upload similar to the Waze app.

VITA content is truly uncensored. With VITA, you get the good, the bad, and the ugly. People will share more when they feel they are not being judged.



Chairman of the Board and CFO for Vita Mobile Systems, Inc. (OTC Pink: VMSI) is Martin Wade III, who is also currently the intern CEO at Payless Shoes, a $2 billion retailer. Mr. Wade is no stranger to technology and media companies as he currently serves on the board of Media News Group — the second largest media company in the U.S. serving over 60 million monthly readers. His past positions include, board director of Readers Digest, and Chairman and CEO of Broadcaster, Inc. (formally a top 100 webste similar to YouTube and a predecessor technology to Twitter’s Periscope).

In 2013 Google purchased Waze for $1.15 Billion, with its approximately 50 million users equating to approximately $23.00 per user (without consideration for the technology).

Vita Mobile Systems (OTC Pink: VMSI), entering the final phase prior to its beta launch, stands to be one of the early innovators in artificial intelligence-powered social media.

Vita Mobile Systems (OTC Pink: VMSI) intends to secure $2 million in its second round of funding which will be utilized on final development and marketing of is new social media mobile app VITA. Based on the Company’s success to date, this round should be completed near a $30 million pre-money valuation.

Sean Guerrero, CEO, stated, “We are extremely pleased with the company’s success to date. We now intend to secure our next and last round of funding prior to launch. We have been in discussions with various entities and intend to secure $2 million for final development and marketing capital in the next 60 days based on a pre-launch, pre-money valuation of $30 million.”

“Other mobile apps and internet based social technologies such as SnapChat and Facebook grew early valuations well into the billions. Once ‘VITA’ launches, we anticipate our valuation to grow as well.” Mr. Guerrero continued by stating, “Twitter reportedly paid close to $87 million for its live-streaming app Periscope prior to launch, and its social media talent agency Niche (www.niche.co ). The VITA app will have an even wider appeal with its truly open network and uncensored location-based content than those Twitter purchases.”

Social media sites such as Facebook, Inc. (NASDAQ: FB), Instagram, Twitter, Inc. (NYSE: TWTR), Snap, Inc. (NYSE: SNAP), Alphabet, Inc. (NASDAQ: GOOG), and Verizon Wireless, Inc. (NYSE: VZ) have developed revenue models generating over $100 billion dollars a year with only the 2% of captured and shared content. With the VITA paradigm shift in crowd sourced previously untapped content, Vita will generate not only more traditional revenue opportunities with picture and video page views, but also will harken in the hot new and more profitable hyper-local online 2-D and 3-D augmented reality advertising.

Snap, Inc. (NYSE: SNAP) recently launched the Snap Maps feature, which allows users to share specific location-based information and data. The app is designed to help other Snap users and friends meet up in real life rather than only on their phones.

The new VITA app is being described as a truly open network version of Snap Maps that will let you go beyond just your closed network of SnapChat followers, immediate surrounding and location. Instead, VITA will allow users in other locations to search around the world to see what is happening in other locations based on other user’s pictures and videos generated in that area. While the Snap Maps may be interesting for use among close friends, the VITA app is about using visual content to enlighten the entire public around the world.

VMSI may not be at these levels much longer.

See the Full Article and Press Releases on Vita Mobile Systems (OTC Pink: VMSI) at EmergingGrowth.com
http://emerginggrowth.com/?s=VMSI

Other Emerging Growth News

Sky440, Inc., Inc.
Shares of Caveat Emptor company Sky440, Inc. (OTC: SKYF) shot up almost 100% over the past two trading sessions. There has been no news or financial disclosure from the company since November 2017. With an average volume of about 20 million shares or about $6,000.00 worth of stock trading on a daily basis, the company broke out trading about $400,000.00 worth of stock and ¾ of a billion shares since Tuesday. Shares ended up giving back about 1/3 of its profits by the close yesterday.

Take a look at Vita Mobile Systems (OTC Pink: VMSI), who just secured a non-toxic equity round of funding at a valuation of about twice where the company currently trades.

VizConnect, Inc.
We actually received what seemed to be a spam email yesterday on stop sign company VizConnect, Inc. (OTC: VIZC). It is from a company called The Wave Group, Inc. However, every link in the email leads to a broken page, and it contains no other information except to read “triple zero breakout chart today”. The company has no news or filings out since March of 2016.

OWC Pharmaceutical Research, Corp.
OWC Pharmaceutical Research Corp (OTCQB: OWCP) has been on a constant slide since its run to $0.66 at the start of the new year. Shares almost hit its 52-week low while it bottomed to $.22 per share intraday yesterday. Shares came back about 3% to close the day at .26. The video link filed in its most recent 8K seems to be the only catalyst for the recent dive.

Take a look at Vita Mobile Systems (OTC Pink: VMSI). This company could be the biggest disrupter in social media since Facebook (NASDAQ: FB)

About EmergingGrowth.com
EmergingGrowth.com is a leading independent small cap media portal with an extensive history of providing unparalleled content for the Emerging Growth markets and companies. Through its evolution, EmergingGrowth.com found a niche in identifying companies that can be overlooked by the markets due to, among other reasons, trading price or market capitalization. We look for strong management, innovation, strategy, execution, and the overall potential for long- term growth. Aside from being a trusted resource for the Emerging Growth info-seekers, we are well known for discovering undervalued companies and bringing them to the attention of the investment community. Through our parent Company, we also have the ability to facilitate road shows to present your products and services to the most influential investment banks in the space.

All information contained herein as well as on the EmergingGrowth.com website is obtained from sources believed to be reliable but not guaranteed to be accurate or all-inclusive. All material is for informational purposes only, is only the opinion of EmergingGrowth.com and should not be construed as an offer or solicitation to buy or sell securities. The information may include certain forward-looking statements, which may be affected by unforeseen circumstances and / or certain risks. This report is not without bias. EmergingGrowth.com has motivation by means of either self-marketing or EmergingGrowth.com has been compensated by or for a company or companies discussed in this article. Full details about which can be found in our full disclosure, which can be found here, http://emerginggrowth.com/8482682-2/. Please consult an investment professional before investing in anything viewed within. When EmergingGrowth.com is long shares it will sell those shares. In addition, please make sure you read and understand the Terms of Use, Privacy Policy and the Disclosure posted on the EmergingGrowth.com website.


CONTACT:
Company: EmergingGrowth.com - http://www.EmergingGrowth.com
Contact Email: [e-mail]

[$Pistol Pete$]

$ECOR electroCore, Inc. Appoints Business Development Leader and US Navy Veteran Sylvester Steele as VP and General Manager of Government Channels Business Unit

Newly created position to focus on driving growth within the Veterans Administration, Department of Defense and other government channels

https://www.globenewswire.com/news-release/2020/10/21/2111826/0/en/electroCore-Inc-Appoints-Business-Development-Leader-and-US-Navy-Veteran-Sylvester-Steele-as-VP-and-General-Manager-of-Government-Channels-Business-Unit.html

[$Pistol Pete$]

Go Trump

https://www.facebook.com/rightsidebroadcasting/videos/3492168257567655/

[$Pistol Pete$]

I dumped all my FB shares today

[$Pistol Pete$]

$HTZGQ How a Japanese Rice Farmer Got Tangled Up in the Hertz Bankruptcy



By Cezary Podkul and Megumi Fujikawa | Photography by Ben Weller for The Wall Street Journal

Shogo Takemoto's family has tilled the rice fields of eastern Japan for more than 200 years. They stash their savings in an agricultural cooperative and borrow from it to help finance the farm's day-to-day operations.

But with interest rates near zero, the return on the loans is too little to keep the cooperative going. So it deposits Mr. Takemoto's savings with Japan's bank for farmers and fishermen, which sends the money overseas to earn a better yield.

That's how Mr. Takemoto became an indirect investor in car rental company Hertz Global Holdings Inc. before it declared bankruptcy in May. Among the owners of Hertz's debt was Norinchukin Bank, which owned bonds backed by pieces of loans to struggling companies like Hertz.

Later that month, the bank--founded nearly 100 years ago to serve the people who feed Japan--disclosed a staggering $3.7 billion unrealized loss on such bonds and said it would pause further investments.

The loss, which has mostly been recouped as markets rebounded, was shocking for its size and also because Norinchukin invested exclusively in triple-A rated bonds, which are supposed to be among the safest securities anywhere.

The stumble disrupted one of Wall Street's most lucrative trade routes--a steady flow of capital from yield-starved investors in Asia who turned to the U.S. to avoid the sting of zero interest rates at home. In doing so, they channeled their customers' savings into a boom for loans to some of America's riskiest corporate borrowers.

"One of the ironies of the global financial system is that a conservative institution managing the savings of Japanese fishermen and farmers ends up financing an increase in leverage among risky U.S. companies," said Brad Setser, a senior fellow at the Council on Foreign Relations who tracks global capital flows.

Norinchukin invested in collateralized loan obligations, or CLOs. These debt funds are meant to give investors access to higher yields with little additional risk because they buy slices of hundreds of different corporate loans. Known as leveraged loans, these corporate loans finance risky borrowers. Because they are unlikely to all struggle at once, credit-rating firms have labeled most CLO debt triple-A, putting its risk on par with the U.S. government.

Norinchukin's CLO holdings, all rated triple-A, account for about 12% of its overall portfolio, financial filings show. The bank said that it has been more selective in its CLO investments in recent months. "Our [CLO] holdings have declined since last year as we carefully select our investment based on market conditions," Norinchukin said in a statement.

Those holdings may no longer be as safe as their triple-A ratings would indicate. This spring, government-mandated shutdowns forced businesses of all kinds to suddenly shutter, eroding some of the benefits of diversification that underpin CLO ratings. One recent analysis of 95 triple-A rated CLO bonds found that all of them lost their pristine grades once their rating model was updated to reflect higher correlations of defaults among businesses.

"A triple-A CLO makes no sense in this market environment," said Rod Dubitsky, a former Moody's Corp. analyst who conducted the analysis using Moody's-rated CLOs. An academic study published in October also concluded CLOs appear riskier than their ratings suggest.

A Moody's spokesman said its triple-A rated CLOs "continue to perform well despite the unprecedented economic fallout caused by the global pandemic."

The market for leveraged loans has doubled since 2008 to about $1.2 trillion, according to LCD, S&P Global Market Intelligence's loan research arm. The U.S. market for CLOs grew in lockstep, reaching nearly $700 billion by March, when the coronavirus pandemic squeezed deal flow.

Most of that growth came via the Cayman Islands, where zero tax rates have long attracted money managers seeking a way to give their clients easy access to U.S. investments without additional tax burdens beyond their home countries. So many CLOs have been set up in the Caymans that the offshore financial center has become the world's biggest foreign lender to U.S. corporations, accounting for around $6 out of every $10 lent to U.S. businesses from abroad, according to capital flows data analyzed by The Wall Street Journal.

Foreign investors helped fuel the growth: They supplied about 20% of the capital behind U.S. CLOs, with Norinchukin alone accounting for around $4 out every $10 of foreign inflows, the Journal estimates. Today, the bank holds about $72 billion of CLO debt, or roughly 10% of the market. About three-fourths of those holdings were accumulated since December 2015, when the Federal Reserve began raising rates in the U.S. Shortly after, yields on Japan's 10-year government bond turned negative for the first time ever.

The widening gap between interest rates in the U.S. and Japan left Japanese lenders in a tough spot. They could either invest locally and earn next to nothing, or go hunting abroad for yield. Many chose the latter option, but few had a bigger need to do so than Norinchukin.

The nearly 100 year-old lender was set up to serve Japan's agricultural, fishing and forestry industries. It does so by essentially acting as a bankers' bank for a system of cooperatives set up after World War II to serve each of those industries. Over the years, they have expanded to operate hospitals, banks and insurance brokerages even as Japan's agricultural output shrank and hundreds of thousands of Japanese left farming.

To support that vast infrastructure, Norinchukin collects money from its member cooperatives, makes investments and pays back interest to them in the form of so-called incentive payments. The interest rate, 0.55%, became impossible to earn once Japanese interest rates fell below zero in 2016, so Norinchukin sought yield overseas.

"The need to secure sources of incentive payments has always been the underlying thinking" of Norinchukin's investments, said Aki Aneha, a Komazawa University economics professor who has studied Japan's agricultural history.

In 2018, as the gap between key U.S. and Japanese interest-rate benchmarks widened to nearly three percentage points, Norinchukin vastly expanded its CLO investments. The bank added a net $27 billion to its holdings, financial filings show. It also increased the number of CLO managers that it works with, industry sources say.

Norinchukin's heft made it a coveted investor in the CLO industry. The bank frequently bought entire triple-A pieces of CLO deals, according to people in the industry familiar with its operations. That gave Norinchukin the ability to insist on its own deal terms, known in the industry as Nochu stipulations.

Today Norinchukin works with a who's who of the CLO industry. Its stable of CLO managers includes such firms as Apollo Global Management, Ares Management Corp., Neuberger Berman Group, Eaton Vance Corp., Blackstone Group's GSO credit investment arm and First Eagle Alternative Credit, among more than a dozen others.

Michael Herzig, head of business development for New York-based First Eagle, says it's not easy landing a spot on Norinchukin's list of approved managers. The bank monitors managers' performance and handpicks whom it wants to invest with. "It's like getting an offer from Goldman Sachs. The more you ask, the less likely you are to get it," Mr. Herzig said.

The coronavirus pandemic hit the CLO market quickly. In a matter of days in March, prices of hundreds of loans owned by CLOs plummeted as business closures took a toll on the economy.

Some CLOs went shopping for bargains. First Eagle, which runs a suite of CLOs known as Wind River, scooped up about $10 million worth of a loan issued by Hertz just days before the car rental company filed for bankruptcy in May, trading disclosures show. The Wind River funds paid around 66 cents on the dollar for the investment.

Five months later, Hertz has obtained financing to carry itself through bankruptcy and its once-discounted loan is trading nearly at full face value, benefiting end-investors like Norinchukin, which owns pieces of the Hertz loan via several of First Eagle's CLOs.

Such buying-and-selling of loans--and the Federal Reserve's unprecedented support for corporate credit markets--made it easier for CLOs to weather the fallout created by the pandemic. Although thousands of businesses have filed for bankruptcy this year and vast swaths of loans have been downgraded, prices for investment-grade CLO bonds have mostly recovered, pricing data from Solve Advisors shows. Some asset managers have even launched exchange-traded funds that buy CLOs, with one claiming the ticker "AAA."

A Norinchukin spokesman said the bank held a Yen130 billion ($1.24 billion) unrealized loss on its CLO portfolio at the end of June, down from the $3.7 billion March-end figure it disclosed in May. At the time Norinchukin said it would pause making new investments as it re-evaluated its holdings. But it remains committed to staying in the market.

"There is no change in our view that we will continue to invest in CLOs as part of our credit assets," the bank said.

Mr. Takemoto, whose 50-hectare rice farm is in Japan's Ishikawa prefecture, said he didn't realize that his money traveled to Tokyo, the Cayman Islands, New York and on to Hertz. But he doesn't blame Norinchukin for sending his savings overseas.

"I think it is OK to make aggressive investments as part of a large portfolio," he said.

Write to Cezary Podkul at [e-mail] and Megumi Fujikawa at [e-mail]

> Dow Jones Newswires

November 05, 2020 05:44 ET (10:44 GMT)

Copyright (c) 2020 Dow Jones & Company, Inc.

[$Pistol Pete$]

$ECOR good financial statement out

https://www.globenewswire.com/news-release/2020/11/12/2125991/0/en/electroCore-Announces-Third-Quarter-Financial-Results.html

[$Pistol Pete$]

$HTZGQ Hertz car subscription looks to expand beyond rental cars

https://www.cnet.com/roadshow/news/hertz-rental-car-subscription/

[mick]

VIZC 0.0002 0.0000 0.00% USD 1:45PM EST 56.932M

[mick]

VIZC 0.0002 0.0000 0.00% USD 1:45PM EST 56.932M

[mick]

SSOK 0.0017 +0.0007 +70.00% USD 1:22PM EST 170.971M -

[mick]

HI THERE, GIFTS FOR OUR VISITORS, MMM PERSONS
RE;
MMM PERSONS Market Maker Signals M-MARKET,M-MAKER,M-MANIPULATOR

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Penny traders believe that Market Makers (MM)

will "signal" moves in advance buy using
small amounts of buys or sells as "signals".

The "signals" are such a small amount of shares
(worth no more than 5 or 10 dollars) that
no trader would have paid a commission that
costs more than the amount of shares bought.

The "signals" are from one MM to another.

100 - I need shares.

200 - I need shares badly, but do not take the stock down.

300 - Take the price down so I can load shares

400 - Keep trading it sideways.

500 - Gap the stock.

This gap can be either up or down,
depending on the direction of the 500 signal.
======================================================
505 - I am short on shares
600 - Means provide resistance
900 - Means let the stock float
911 - Pending News/Press Release On The Way
1000 - Don't let it run
2100 - Let it run

http://www.pennystockdream.com/Market-Maker-Signals

ADDING;
List Of Market Maker Signals
1. 100 - I need Shares.
2. 200 - I need Shares badly but do not take the stock down.
3. 300 - Take (or I am taking) the stock down at least 30% so I can load shares.
4. 400 - Keep trading it sideways.
5. 500 - Gap the stock. Gap can be up or down, depending on direction of 500 signal.

6. 505 - I am short on shares
7. 600 - Apply resistance at the ASK to keep the price from increasing.
8. 700 - Move the price up.
9. 777 - Also recognized as a signal to move the price up.
10. 800 - Prepare for an increase in trading volume.

11. 900 - Allow the stock to float and trade freely.
12. 911 - Pending News/Press Release On The Way
13. 1000 - Don't let it run
14. 2100 - Let it run