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George Acs

 
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  • Quantitative Muzzling [View article]
    Perhaps on both counts, but he has strung everyone along for quite a while. Why is he just now beginning to point fingers to identify a problem long in the tooth?

    My take on these revelations is one that's well shared http://bit.ly/1whca5H
    Oct 11 10:41 AM | 1 Like Like |Link to Comment
  • Herbalife: Who's Consuming All Those Shakes? And Why... [View article]
    CrimebustersNow,

    I hate to be a pest in asking you for the 3rd time, but do you have a link from a credible source that corroborates your assertion that Allan Kippax was either sentenced or convicted in 2014?

    With your self-acknowledged investigative skills you should be able to provide that information, considering that the individual was a reasonably high profile one, with regard to numerous activities.

    I'm somewhat surprised that you haven't done so. It's one thing to express your opinions without having the benefit with plausible evidence, but when you state something as a matter of fact, most reasonable people would anticipate that you could provide the evidence for which you proudly pound your chest.
    Oct 10 05:40 PM | 3 Likes Like |Link to Comment
  • Herbalife: Who's Consuming All Those Shakes? And Why... [View article]
    You're welcome. I hope it helped.

    Again, read any corporate offering. They are meant to dissuade you from investing in order to protect themselves from allegations of misleading the public. IPOs and secondary offerings are very forthright with comments such as "no guarantee can be made of the existence of a market for such securities or services and such markets may not materialize......"

    Given the events and scrutiny that Herbalife is under and the fact that they do not know the outcome, what could they say otherwise? What they have said is entirely reflective of the environment as it exists & discloses the potential liabilities. Saying so is not an admission of anything other than the admission that such events may be possible.

    Do you not see a difference between agreeing that a series of events may turn out to be so and admitting that such a potential series of events is warranted?

    Divulging that they may be at risk for being shut down is very different from saying that they have been wrong in their business practices. However, when some decisions are finally made, a portion of any judgment may very well include corporate admission of wrongdoing.

    As most anyone knows, those kind of admissions are done to mitigate other far more punitive actions
    Oct 9 02:24 PM | 2 Likes Like |Link to Comment
  • Herbalife: Who's Consuming All Those Shakes? And Why... [View article]
    Your logic is absent, but again, attempting to interpret based upon what will make your thesis self-fulfilling.

    You make changes for any number of reasons, including trying to be proactive in an attempt to lead the marketplace rather than follow it.

    Changes aren't necessarily done because of errors or mistakes. They are also made when the environment around you changes or is in the process of change and threatens to diminish your continued performance.

    The real mistake may be in not making change.
    Oct 9 02:13 PM | 3 Likes Like |Link to Comment
  • Herbalife: Who's Consuming All Those Shakes? And Why... [View article]
    Six, have you never read corporate offerings? Everything stated is always highly qualified in terms of predicting outcomes and pointing out potential liabilities. Lawyers like to have full disclosures clearly made so that they can say "don't say I didn't tell you so" if the need arises.

    I would focus on the word "could," which you clearly have not, as further reflection of your analytical approach that overlooks anything that doesn't fit a pre-existing thesis.

    In the event that you still don't understand the concept, the word "could" is used used to express conditional possibility or ability. Further, just in case you need further explanation, the word "conditional" means not absolute
    Oct 9 10:49 AM | 3 Likes Like |Link to Comment
  • And An Empty Suit Shall Lead Them [View article]
    It was, but what are you going to do?

    I'd like to at least have the opportunity to do that a little bit more, but for the past year those premiums have just been so low, except during those mini-corrections.
    Oct 9 08:59 AM | Likes Like |Link to Comment
  • Party Like It's 2011 [View article]
    No, no Hessians on my side, but I'll ask my wife.
    Oct 9 08:57 AM | Likes Like |Link to Comment
  • And An Empty Suit Shall Lead Them [View article]
    Yeah, this one was encouraging, but hopefully not just a downtrend bounce like the WSJ table last week showed is almost always the case with these large upside moves.

    The volatility was nice, as instead of rolling over to the next week and avoiding more forward weeks due to the extremely low premiums, I rolled over positions today to 10/24, 10/31 and 11/22 in an attempt to re-establish some decent time diversification.
    Oct 8 06:35 PM | Likes Like |Link to Comment
  • And An Empty Suit Shall Lead Them [View article]
    There has to be some story behind why the CEO so suddenly quit.

    The wording of his announcement was very strange. It sounded as if the board was making some demands of him that maybe included an extremely restrictive covenant without comparable reward.

    But that announcement totally eclipsed any discussion of same store sales figures released after the close. They weren't bad, but expenses much higher.
    Oct 8 05:10 PM | Likes Like |Link to Comment
  • And An Empty Suit Shall Lead Them [View article]
    I'm sure they like you up there no matter what the market does, so don't take it the wrong way if it suddenly tanks.

    I was just looking at Bukowski's analyses of key reversals & mentioned in the closing version of the Daily Market Update that they're not necessarily the great predictive measures that they're given credit for being.

    But at least it felt good and got us another day closer to Friday's expirations.
    Oct 8 04:37 PM | Likes Like |Link to Comment
  • And An Empty Suit Shall Lead Them [View article]
    There's no debating those points and it's especially going to be nice when the dollar roars back.

    An extra bottle of wine for the table.
    Oct 8 03:17 PM | Likes Like |Link to Comment
  • And An Empty Suit Shall Lead Them [View article]
    Even worse, some restaurants in Umbria are cutting back on garlic in their dishes and using generic Cheese Whiz.

    Those are real signs of a decaying nation, although I can't attest that the same is happening throughout the country. Yet still, Draghi remains silent.

    I think most people, especially those who are European or have lived there, are amazed that the EU has lasted as long as it has, to this point. It still amazes me that there can ever be agreement on anything or that the key nations ever agreed to enter into the union to begin with.
    Oct 8 03:16 PM | 1 Like Like |Link to Comment
  • And An Empty Suit Shall Lead Them [View article]
    It's easy to become a fan of anything that works, but like so many things timing is everything. Had I started eBay at $57 I don't think I'd be singing its praises.

    Ultimately, getting in at the right time is what makes serial purchases, rollovers and assignments such a great way to go, but that involves lots of luck.

    Speaking of which, good luck with the new purchases. It's so difficult to pull the trigger when sentiment is so negative, but in hindsight, it's usually the best of all times.
    Oct 8 09:21 AM | Likes Like |Link to Comment
  • Herbalife: Who's Consuming All Those Shakes? And Why... [View article]
    I think you may be projecting a bit too much, again in an effort to have events conform to your thesis.

    Change is made for any number of reasons, including an evolving environment, changing needs etc.

    Making change is not necessarily an admission of any sort. When you have made changes in your life were they necessarily a result of having admitted you were on the wrong path or could there have simply been a better path that you came to recognize on some occasions?
    Could change be made because of recognition or admission of illegal or unethical business practices? Of course, but it would seem that doing so while under such intense scrutiny would offer little benefit, as they are being investigated for past practices and not likely to receive any "points" for forward practices.
    Oct 8 08:18 AM | 6 Likes Like |Link to Comment
  • And An Empty Suit Shall Lead Them [View article]
    So far I'm just nursing DOW and EMC this week, but am very tempted to add EBAY, especially if it approaches $52.50.

    Catalyst? There really isn't any that I see, other than great earnings, especially as so many are preparing for disappointments.

    Otherwise, if this is in line with previous 5% mini-corrections then that will be the catalyst. After that, at some point people start perceiving value, especially in energy.

    If you like to look at charts then the pattern tends to be that when the S&P 500 dips below the 50dma it has taken nor more than 2 weeks to go back above, with the inflection occurring at about the one week point,

    We're now at that one week point, but I wouldn't place a whole lot of confidence on this being the same as the previous attempts at corrections. The quality is much different as all of these triple digit days are likely leading to something that we haven't seen in a little while.
    Oct 7 05:13 PM | Likes Like |Link to Comment
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