Seeking Alpha

QuickChat's  Instablog

Send Message
Back To QuickChat's Instablog HomePage »

Instablogs are blogs which are instantly set up and networked within the Seeking Alpha community. Instablog posts are not selected, edited or screened by Seeking Alpha editors, in contrast to contributors' articles.

Comments (128)
Track new comments
  • Last comment from prior QC:


    Y'know what, that (gold and silver splitting and moving out-of-tandem) is something which I think is a very interesting indicator worthy of study in and of itself.


    Just got finished watching a fascinating tape of a House subcommittee session talking about REE/Strat. mineral legislation. VERY long and dry, but there's some good data in there. GWM's CEO Engdahl was one of the witnesses.


    Link supplied by Fatfretter on the Concentrator:

    4 Jun 2011, 04:03 AM Reply Like
  • Liscio Report on unemployment: "Private employment is 2% below where it was ten years ago. As we've been pointing out for some time, job loss over a ten-year period is unprecedented in U.S. history since reasonable job counts began in 1890. So far, we've regained just 1.8 million of the 8.7 million jobs lost in the Great Recession and its aftermath, or about 1 in 5."
    4 Jun 2011, 07:15 AM Reply Like
  • On the topic of gold and silver splitting apart and heading in opposite directions, look at what just happened with Energy and Basic Materials, which had been moving together (usually swapping places at either the top or the bottom of the rankings). Now we see them as polar opposites, and that IS very unusual (and indicative of some strange market events just ahead, imo).
    4 Jun 2011, 11:17 AM Reply Like
  • That was my concern and DG put me onto some sites to look at survival food. Guess what , they are all sold out !!!! Now i know Japan and the floods may have something to do with this. BUT SOLD OUT??


    Things that make you go Humm...Govt buying it for there own???


    I always admit i am new at picking stocks but i am not new at common sense. Personally i posted a correction, which is not over yet, i even traded some silver for gold as gold was like a rock the day the market sold off.


    Everyone should keep in mind for the future that with Schwab a commodity change in margin has to be addressed right away, i am assuming by the end of the trading day, NO FIVE DAY WINDOW...


    So that is why the drops are dramatic when they are announced but to me they always seem to come back. 35 and above seems ok to me right now until the SHTF...But most economist are practically begging people to buy the physical. I know plenty don't agree with it but i am just passing along what i read.




    4 Jun 2011, 02:49 PM Reply Like
  • Survival food? For what? Are you really suggesting we have to stock up on dry foods and water, build an underground shelter and plan for Armageddon???? Let me ask you this... if such an event does occur, why would you even want to survive? You almost sound like that guy who used his life savings to post signs all around New York City about the end of the world coming on May 21st.


    There was a great episode of Happy Days once where Howard Cunningham was so obsessed with being prepared for "the end" that he alienated all his friends and family and ultimately during a family "fire drill" or "nuclear attack drill" everyone abandoned him and he stood in his backyard alone on top of the area where his new bomb shelter was to be built. He realized how foolish he was to be obsessed with such a thing. I think it provided a pretty significant message although it is generally a light-hearted show.


    As for the day coming when money is worthless and only those holding silver and gold will have any worth thus creating an environment in which we need to carry guns and protect our homes like forts in a war, I think that is pure nonsense and excessive paranoia. To live your life in anticipation of that kind of scenario, to me is a colossal waste of good reading time and potential investment capital.
    4 Jun 2011, 06:21 PM Reply Like
  • Unfortunately you just aren't getting the picture. You're not understanding the implications of the entire world having reached it's debt limit. Europe is on the verge of imploding and so are the economies of half the countries within the Euro Union. And that's just the tip of the iceberg. It seems you only live in the present, with no sense of economic history at all. It's too bad you've fallen for the illusion that everything's going to be ok, courtesy of Bernanke and that entire den of selfish and corrupt-to-the-core demons. They're the ones who are largely responsible for leading the world into this predicament in the first place. Tax increases are about to explode higher over the coming years and entitlements and pensions are about to be cut drastically. How else do you balance a budget? What are people going to do when they can no longer afford that $14 jug of milk and that $8 loaf of bread? They're either going to die or they're going to steal food from somebody else... perhaps from you.


    "I think that is pure nonsense and excessive paranoia."


    I wish you the very best, I really do. With that in mind, I hope somebody breaks your rose-colored glasses and that you snap out of it real soon because the time has come to pay the piper for decades of partying on the credit card. The debt 'has to be' repaid and thistimeitsforreal.
    5 Jun 2011, 01:21 AM Reply Like
  • 4REAL


    I already have one gun for my wife and myself target shooting.As far as alienating my family i have spoken to them about what i feel can happen and now it is up to them to decide for their families. Albertarocks and i have had a few discussions in the past and he has opened my eyes to the what if senerio.


    You now sound like my ex wife who said she will pray that god will take care of everything. Quite a few people on this site feel exactly as i do but choose to stay out of banging it against your head since i have brought it up and you completely dismissed it. How are you gonna feel if you are wrong and could have done something about it.


    I plan on living as long as i can but i don't make fun of your philosophies and i appreciate you give me the same courtesy. This way when you need a glass of milk on day i will remember you.


    ALBERTAROCKS just laid out some of what is happening RIGHT NOW. Maybe you should just do some research and don;t sit back and wait. Oh and don't try to come in my front door unannounced as a 12 gauge hurts in the chest i have heard...


    But to each his own, i was a disbeliever but i also live on the premise that i have plenty to learn..The more i read, to more scared and prepared i am becoming. But being ignorant to a siyuation you haven't even contemplated should make you think what if YOU are wrong. Just by your answer you haven't a clue what you can do.


    Read up ( find the time ) and see what steps you could take now to wait until things get straightened out. Hell Japan was nuked by us and they ended uip becoming a powerhouse. So no you don't want to dig a hole and hide in it, especially in Staten Island ( I KNOW WHERE THE DUMP IS, IN FACT THE WHOLE ISLAND WAS SUPPOSE TO BE A DUMP THEN THE DECIDED TO PUT UP HOMES AND PEOPLE MOVED THERE) but the prices of food WILL rise and that is why i try to convince you to buy physical silver and gold.


    I am hoping i am dead wrong on the severity of this but hard times are definitely ahead of us. Just not sure when. You should read some of ALBERTROCKS articles to get a taste for it. Then just like my family you have to decide for yourself. But you are welcomed at the range tomorrow as the wife and i are going to have a little competition with our Ruger 22/10.


    5 Jun 2011, 01:47 AM Reply Like
  • 4real


    Another piece of advive, move left when my wife is shooting and god bless you if you are coming down the hall way when she has the shotgun in hand. I was quite amazed.


    Oh, and i would start to stop watching reruns of Happy Days as they are long gone. Hit the web pages and do some research on the economist predicting what might happen. Like i said i will respect your actions all i ask is research mine. You might come away with a different opinion and start preparing,,,,You are starting to sound like my daughter who knows it all, since she was nine !!!


    No, i didn;t waste any money either, just word of mouth to those i felt intelligent enough to do their own homework..Good Luck as a couple of raids seem to have mixed feelings as well. Or should i say a PLAN as well.


    6 Jun 2011, 04:15 AM Reply Like
  • For the last 4 years I've been involved in disaster planning and recovery from a business standpoint. Wasn't a choice I made but more along the lines being available to lead efforts and qualified enough so as to please a particular Federal client's wishes.


    Had anyone mentioned having a supply of food and water for an extended period of time ready to go or having the right mix of survival "stuff" handy, I probably would have shrugged it all off and dismissed it as being a bit excessive. But after being intimately involved in running scenarios and modeling potential response situations for local and national responder agencies, and developing action plans at many levels for any and all possible future events (we're talking everything from little green men invading to mother nature doling out her worst), I can honestly say that I took the time and a little coin to prepare, at least on a small scale, for what could be a rocky time.


    I tend to be optimistic about everything in life. It's my nature and how I was raised. But with a family and young kids, I can only hope they grow up to see the events that will shape this world long after I pass on. It just made a lot more sense to plan for some of the what-if’s than to not be ready and hope for the best. There's a black and a white.. the best possible scenario and the worst possible scenario. And there are hundreds of shades of gray in between. I fall somewhere in between. I don't think we'll get to the point of Marshall law or a full breakdown of the essential functioning of local or federal entities, but I sleep better at night knowing that we'll have a plan B, and yes, even a plan C.


    To each their own though.
    6 Jun 2011, 12:18 PM Reply Like
  • Big Twin: Kind of how I am, too. Other than buying a reverse osmosis water purifier, I've been stashing stuff away that I will use no matter what in the coming years. Catching sales, using coupons here and there, buying stuff I'm relatively certain will outpace inflation just sitting on a shelf.


    Plus buying a home in an extremely safe area.


    My big plan is to be in Honduras when the unexpected occurs. Nobody cares about Honduras.


    Thanks for stopping into Quick Chat!
    6 Jun 2011, 02:49 PM Reply Like
  • I've read your info about Honduras and then researched it a little. Sounds like a neat place. Not exactly feasible at my stage in life right now, but would love to grab a meal at Tanya's sometime farther down then kids are older.


    Having a contingency of consumables available in the event that "something" happens is never a bad idea, regardless of how bad (or not) one expects things to get during any time period.
    6 Jun 2011, 03:16 PM Reply Like
  • I have a years supply of freeze dried food. I consider that a necessity for the dirty bomb, solar flares that take out the entire electrical grid and the list goes on. It could be a 1 week event or a 1 year so I plan for the 1 year. The freeze dried stuff lasts 30 years so what is the chance of just one event in 30 years. Now would you put a $2000 bet on that against your life. I chose the 2 grand bet over my wifes life. I figured my wife was worth it. I on the other hand am an a$$hole but well worth $2K!!!
    6 Jun 2011, 07:59 PM Reply Like
  • 4REAL


    i hope you are getting the picture that it is better to be ahead of the curve than trying to play catch up.!!!!!!!


    Place i bought my guns have said sales have been brisk!!! Brisk enough that they are planning to raise prices soon, That is why i bought both guns now, Next stop is finding the better tasting food for a year. enough ammo as well. Then a plan to bunker down with my boys for the long haul once Bennie throws his hands up.
    7 Jun 2011, 03:12 AM Reply Like
  • I will leave you with this one piece of advice and it came from the guys at the shooting range. "DON'T WORRY TOO MUCH ABOUT AMMO AS THERE WILL BE ENOUGH OF IT IN THE STREETS'


    That kinda woke me up and that is not where i bought my guns either!!!!


    good luck in your choices but i believe you once told me you have a 15 year old. Maybe you owe him the chance to live a full life if you can, i certainly think of my wife and 23 year old daughter,,,,just in case????
    7 Jun 2011, 03:20 AM Reply Like
  • Albert,


    Are you a sci-fi writer too? A dramatic one at that.


    As for balancing the national budget and eliminated it's debt. Tell me, when was the last time that was accomplished?


    So Al, which one comes first... the $14 jug of milk and robbing your neighbor at gunpoint or the Chicago Cubs winning the World Series?
    7 Jun 2011, 12:12 PM Reply Like
  • "You should read some of ALBERTROCKS articles to get a taste for it."


    When I want to read science fiction, I'll go to Barnes and Noble.
    7 Jun 2011, 12:15 PM Reply Like
  • $2K in survival items. That is very much overboard. I can see the philosophy that terrorism has become so bad that should one of those crazy bastards get hold of nuclear weapons and/or technology we could be in for some serious trouble. Second, natural disasters seem to be occurring more often so I can understand preparations for that as well. However, this scenario where we all go back to the Clint Eastwood Pale Rider days living in "the old west" with guns living on silver and gold is nearing pathetic in my opinion. No, I have no plans to prepare for that because its not going to happen. I would be much more inclined to stock up on water and dry foods to prepare for a natural disaster or nuclear attack. Those, unfortunately are very real possibilities but I think I'll save the wild west scenario for the Saturday morning movies.
    7 Jun 2011, 12:23 PM Reply Like
  • psst (part one): HP this week is (June 12?) going to introduce an I-Pad-like device. Fam somewhat high ranked HP employee states it's incredible. He's used it. Apparently a step up from the I-Pad. I-Net "knows" this already. MSM knows this, but not mentioned yet on the MSM. Stock should bounce upon announcement. Potential short term trade. DD!


    psst (part two): JP sent me a 30 minute interview with Axion Power's CEO. So brilliant. So understated. Learned something sneaky that even the interviewer did not realize he had learned. Not quite sure even Glanville knew he had let this info slip. Will attempt to send this tomorrow via to those I retain email accounts. I suck at "attachments." Only reason why, and I have not asked JP why he doesn't put this interview into his column(s), is that his name was mentioned during the interview. Friendship implied.


    HTL: Please be on guard to assist me with this. Quasi underground stuff my friends here should hear. May require your techy assistance.


    Bottom line? Even though I have admittedly been creamed, I'm not selling, but rather adding another 10 or 20000 shares come Monday or Tuesday, especially if the stock sinks further.


    Long term thinking. And downside from .67 can't be a whole lot.


    Only thing I'm concerned about, is that those $28M worth of shares are not this go around being privately offered. But rather publically. JP's spin is that's a good thing. My concern is that if I owned a company with incredible upside, I would do the offering privately. Not care about shareholders value.


    Other side of this is that just maybe Axion can pull this off, without half pricing the stock to gain support. If this is pulled off, and those publically offered shares do not punish share price more than another few points, then we now know, we've caught the bottom.
    5 Jun 2011, 12:32 AM Reply Like
  • HPQ... hmmmm.... operating system?


    AXPW... the more I read of JP, the more it seems right...


    yet... forgot to mention a trade I placed Friday...


    So, I had "forgotten" I kept a stash of MRNA (formerly NSTK) in my IRA as a reminder of going too far into something and losing... had a hedge fund manager I was following (via his newsletter) deep into the stock and he visited the company numerous times and everything was FAN-tastic... anyway, decided to sell the last of my MRNA before it went to zero on Friday... took a 99% loss on the last few shares... but heck, for the $38 I took away from those shares, I can get a pretty nice bottle of wine... if it wasn't locked up in my IRA.
    5 Jun 2011, 07:56 AM Reply Like
  • HPQ's Touchpad June 3 news:


    "The HP WebOS-based TouchPad.....
    ...was also shown at the Qualcomm conference doing something else that could be an even greater virtue: running Flash video. Adobe Flash is a widely used video format on the Web, though HTML5, because of Apple's support, is gaining quickly. Importantly--at least for some consumers--Flash video is something Apple's iPad cannot do. That is, it's not supported by Apple.
    Motorola, despite touting Flash playback on its Xoom tablet in ad copy, struggled with Flash initially: the first Xooms shipped without the ability to run it."


    Video sample in link.
    6 Jun 2011, 08:15 AM Reply Like
  • Apple long ago decided to forego Flash. At the time there were some (obviously Flash devotees) who predicted that this was a big mistake and (fill in the blank) brands would destroy Apple in the market because of the no-Flash support...


    Years later, it would appear that this has not emerged as a big problem for Apple.


    We'll see how HP's Pad does. Its odd, really, that HP allowed apple to grab this market, given that they emphasized touchscreens in their products ages ago. Of course, many pundits predicted Apple's return to the pad space would flop, and perhaps the HP leadership was reading their articles.
    6 Jun 2011, 08:48 AM Reply Like
  • I just figure if a stock is recommended by both Maya and that John Paulson guy, then I really should pay attention.
    6 Jun 2011, 08:56 AM Reply Like
  • I don't know about John, but I believe Maya has major medieval mojo via his projects in Central America. He has a sense for the coming thing, with a perspective rooted in ancient mesoamerica. I certainly pay attention.
    6 Jun 2011, 09:02 AM Reply Like
  • On disasters and disaster planning:


    I think this is neat because it requires no belief in any particular doomsday scenario to work. The rationale goes like this. Take a look at where you live. What does a 100 year flood look like in your area? What about a 100 year fire? Nuclear Accident? Earthquake? Ice storm? Hurricane? Tornado? The concept of the "100 year event" is artificial of course, but it is useful shorthand and it is used by, among others, the Army Corps of Engineers. The idea is that each event of some magnitude will only happen on average once every hundred years.


    Now this is where it gets interesting. If you live to be 75, there is by definition a 75% chance that you will witness a 100 year event in your lifetime. If you live to be 80, there is a 40% chance you will see a 200 year event, and a 16% chance you will see TWO 100 year events. These stats apply to EACH type of event. So if you live in the same area for 75 years (for example) you have a 75% chance of seeing that region's 100 year ice storm, 75% chance of Fire, 75% of earthquake, and the same for flood, hurricane, etc.


    So the odds of each of us witnessing a 100 year event of some type is rather large. Fortunately the odds of being directly impacted are somewhat less, but not so much so that no one would want to be unprepared.


    Now take a very serious event. The 500 year event. If you live to be 75 there is better than a 1 in 7 chance or your witnessing each type of 500 year event. That means if you can think of 7 events that might threaten your region, there is even money that you will live to see one of them in the 500 year magnitude. Think about that a second. There is nearly a 100% chance that you will witness (up close and personal) one natural or man made disaster that comes along only once in 500 years.


    What does a disaster look like? Most are eerily similar. Communications are down. Food and water are scare. People are left either trapped in their homes or displaced from their homes. There are injured and dead and missing.


    We are lucky enough to have tremendous community support (usually) in times of crisis. The odds of starving to death for most people is small (Katrina really should fill us with shame, however, as there was uncharacteristically high unmet need for too long in that event).


    But even given the great odds for eventual community support, the entire event can be made either much safer or much more comfortable with some forethought and planning. I won't re-cap the supplies needed, but they are all the obvious things you would want if you were camping for two weeks.


    And here is the point. Prepare yourself for one disaster and you are better prepared for ANY disaster. Financial armageddon? I don't lose sleep over it. But questioning why anyone would want to plan for a chaotic event? I don't see a point in that. Whatever your pet disaster is, get your stuff together. Get a plan. Make a list. Get some supplies. Then get some sleep.
    5 Jun 2011, 03:38 AM Reply Like
  • .. and then, most importantly, wake up and get a life.


    100 yr event? 500 yr event?
    Let's see... devastating earthquakes every other month in some part of the world, tsunamis, floods, tornadoes. We read about these disasters every 100 days never mind 100 years. Haven't all these incredible disasters over the past 5-10 years been enough to fit into your 100 and 500 years theories?


    You people really should get together and write some fiction. You have wonderful imaginations.... here's an idea...perhaps you can get together, write some books and use the proceeds to build one big SA bomb shelter, pool all your resources and live happily ever after by yourselves when disaster strikes.
    7 Jun 2011, 12:33 PM Reply Like


    I have tried a lot of different long term storage foods, but ended up coming right back to MREs. The deal above for about $3 per MRE entree is a good buy for almost a month's worth of food.


    I rotate these in and out of my pantry on a regular basis, the idea being to eat my way though them every 3 or 4 years (even though the way I store them they will last 10 years). They are great for camping, traveling, and supplementing the typical quick meal.
    5 Jun 2011, 07:59 AM Reply Like


    OPEC is making a major miscalculation that oil demand is going up in the 2nd half of 2011. I believe they will overshoot, and flood the market temporarily, then change direction and create an air bubble in the oil pipeline toward the end of the year (October would be my guess at this point).


    We could see some low oil prices soon from this. $85 is my estimate.
    5 Jun 2011, 08:12 AM Reply Like
  • Hope you're right TB. Would be nice to have one more buying opportunity in oil...


    Its an interesting hypothetical tug-of-war match...
    OPECs oil overproduction vs. Bernanke's dollar overproduction


    Biographic article on John Fredriksen (the Buffett of oil and high seas):
    5 Jun 2011, 08:23 AM Reply Like


    LOL, I like this blunt message. Either private holders of Green bonds roll them over to a longer time frame, or face a Greek default. Period.


    Fair warning, I suppose.


    And another episode of kick the can. All just a formality, really, since the huge majority of the bondholders are "private" only in the same sense that any major European bank is still "private" after the financial meltdown. True, there ARE some normal investors holding Greek paper, quite a few in fact, but the lion's share is on the balance sheets of the big European banks.


    This is not QUITE a haircut... More like a bald warning of one to come.
    5 Jun 2011, 08:20 AM Reply Like


    China is trying to head off their very own financial meltdown. The assumption is that the central government in Beijing will just assume responsibility for the bad debt (sound familiar?) and pay them off from their hoard of cash...


    I believe this will NOT happen, and that the load will be shifted elsewhere, and perhaps NOT to the destinations the author mentions.


    Keep an eye on this one, folks. This is one of those geopolitical spasms that could upset the planetary apple cart....
    5 Jun 2011, 08:29 AM Reply Like
  • Youtube presentations (both 25 min each) - (1) relevant to South Boulder, Allana Potash, and Ethiopian Potash; (2) relevant to GWMGF (for one minute at 22 mark) and CALVF (which I think you're all tired of, but got me to these links):


    1) SBMSF/STB.AX - South Boulder Mines - presentation discussing they're trying to begin the next great Potash miner with their mine in Eritrea:


    South Boulder is off nearly 50% from its highs earlier this year, but up a kajillion percent (technical term) on a two year chart of STB.AX.


    Eritrea is next door to Ethiopia where ALLRF/AAA.V and ETPHF/FED.V have similar properties vis-a-vis depth of the assets they are mining. At 11:20 into the video, Mr. Hughes points out the Ehtiopian competitors have to transport their potash 600 km and out through Djibouti.


    South Boulder also has projects for gold, nickel, and phosphate, but didn't get around to discussing anything beyond Eritrea Potash until minute 19, where he also discuss splitting up the company into discrete units, and then only discussed the nickel prospects.


    2) Minute 22 discussion of South Africa mining politics may be of interest to GWMGF holders in this CALVF presentation (they basically said they'd rather invest their energy in Zimbabwe than in South Africa because of interference from South African government):
    5 Jun 2011, 10:26 AM Reply Like
  • South Afrika has laws which require that native South Afrikans (usually represented by a government agency set up for the purpose) hold a percentage of these projects. This is the initial barrier to new investment, but it is also likely to become something you see throughout the developing world as time goes on.
    5 Jun 2011, 10:34 AM Reply Like
  • After much consideration, I decided to post my first instablog about Mongolia Growth Group here:


    (I hope I don't regret that posting...)


    I am working on the agriculture... but that's going to be a long slog... if anyone wants to see it as I build it out, let me know. I've made the most progress so far with commodity ETFs, though I'm pretty sure I'm still missing some. For those interested in potash, Marc Davis has written thoroughly about Allana Potash (in Ethiopia) and Western Potash (in Canada, and only trades in Canada). Other than that, I really like Chris Damas' work on CF and general trends in planting/weather/etc.
    5 Jun 2011, 12:32 PM Reply Like
  • Congrats, C! I'll check it out.


    I just got around to uplinking Glanville's interview, and emailing to all. Lafferty PMed me to let me know that this already has been done in JP's latest article posted today.


    There you can find the interview.


    What I found intriguing during this interview, was when Glanville was asked what other European OEMs that have interest in Axion's PcB battery. Glanville said he could not talk about other companies that have shown interest, other than BMW, only because BMW has already come public when they and Axion made a joint presentation in Instanbul.


    Did ya get the sneaky slip up? "...other companies," Glanville said. Freudian slip, possibly?


    Haven't read all the back and forth comments in Petersen's latest. Of which, most were terrific. John did cover a little about NS. Glanville, in the interview, talked about how the real efficiencies of using Axion's power cube, is gained in over the road rail transport; how knowing the distance, the grades, both up and down, the pre-programmed batteries can dramatically save in diesel usage, when braking is used to recharge the batteries. Going up hill the batteries kick in. I had previously understood that it was two switching locomotives that were being tested. We now learn that it's one switcher and one over the road that are being tested.


    The potential is vast in this segment alone, though GE and JCI are also working on this idea, NS has 3600 locomotives, which each could possibly need/use $850,000 worth of batteries for each retrofit.


    Understatedly, Glanville spoke about OEM market potential in Europe alone, which is supposed to go heavy with start/stop batteries, to the tune of 27 million vehicles by 2016. Each new car requiring two batteries, one while the car is at rest, to keep the a/c and radio working, the other to start the car when the gas peddle is depressed. 54 million batteries. In just Europe alone, by 2016.


    BMW wants it's whole fleet to be stop/start, highly likely sooner than 2016, given that they are already selling vehicles with this technology, just not as cheap or efficient as Axion's batt.


    Fuel savings "should" range from as little as three percent for those driving in the countryside, to as much or more than 15% for urban and city drivers. Given Europe is already paying six or seven bucks a gallon, one can see that a battery that costs just twice as much as a conventional lead acid battery, how savings can be gained.


    A typical lead acid battery starts losing it's full gusto after around 400 deep cycle charges. Axion's testing has already shown that it's PcB maintains 100% charging through 80,000 cycles. Glanville expects when the full testing is complete, this number will exceed 100,000 deep cycle charges, with 0% loss of efficiency.


    I could go on in summation, but if you own Axion, or are interested, I suggest you both listen to this interview, and also read John's fantastic article about investing.
    5 Jun 2011, 06:39 PM Reply Like
  • I own a ton of AXPW, and it the price is down more next week, I will be adding more. Thanks Maya!
    5 Jun 2011, 07:01 PM Reply Like
  • If you don't get Tom's name right at least once in the comments you post he'll probably never give you a free tour of the plant. ;-))


    How's the "toofies" doing today? Well, I hope.


    There, I've given you a ready-made excuse opening for getting the name wrong.


    If you take it, we know you're "sane" again and the "hangover" from the dental work can't be used as an excuse for getting Tom's name wrong.


    If you don't take it, we know you are still under the influence and you have an excuse, which of course, can't be used in this scenario!


    Catch-22! :-))


    How 'bout the house - progressing well?


    5 Jun 2011, 07:04 PM Reply Like
  • The heck with the house... how are the teeth and the prospect for a rare Delmonico!!!
    5 Jun 2011, 07:08 PM Reply Like
  • Oops! Granville. Sorry. A "Glanville" used to play outfield for the Phillies. Of course, in Granville, Ohio, there's a university named Denison I used to pitch against; even dated a girl from there, who was Circleville, Ohio's Miss Pumpkin Queen.


    She could hit my fastballs! But the team couldn't hit my curve. (Did I just write this?) How Glanville surfaces over Granville gives me the willies! Sheesh! A baseball outfielder usurps a great stock and a hot babe? I'm getting old.


    Still dealing with some "chicklet" issues...the tooth kind...all right? But getting better. Next dentist visit in two weeks will be the tell all, hopefully a good one. I probably could have gotten the bridge removed with a half bag of Sugar Daddys!


    Sugar Daddys...a childhood artifice trick the Tooth Fairy into slipping a quarter under my pillow a few days earlier.


    Big sis arrives tomorrow. I believe we'll close by Thursday.


    Hoping Axion does sell off more tomorrow. I too, will be adding. Already "Fat Albert" overweight.
    5 Jun 2011, 07:36 PM Reply Like
  • MAYA


    I am disappointed , Coach Glanville ???


    5 Jun 2011, 11:41 PM Reply Like
  • Maya...


    Glad you're feeling better from the dentist.


    Keep some liquor handy for the closing... mine wound up taking three days to clear while the bank fuddy duddied about with paperwork...
    6 Jun 2011, 01:07 AM Reply Like


    It seems that most people either do nor want to beliece or cjoosed not to believe if a financial meltdown could occur, If you are a beliver and have posted something on it i think it woukd be great to do it again,


    If it has NEVER been done than i wish one of you great writers put together a instablogger and i would love to see a voting section somehow if people belive ot don't with a few steps in between. I would gladly HELP SOMEONE but unfortuneately i don't have the knowledge to put it all in writing and if charts are needed i am fried,


    Reasoning, this might open peoples eyes and maybe wither change some old habits or prepare them for the day they think will never occur,


    Opinions before i take this further..


    5 Jun 2011, 11:57 PM Reply Like
  • Personally I think there are a lot of contributors on SA and many people hosting websites that already do a good job of making the case for collapse. Perhaps folks could simply provide you with some links to those who are already making the regular case about the dire straights we are in. Zero Hedge. Harvey Organ. John Mauldin on SA. Those are a few who come to mind. None are necessarily selling seed packets and batteries, but all paint a pretty bleak picture of the financial system...


    But if you had the time to collect or summarize these sources, then that could make a compelling case along the lines of what you are describing.


    Myself, I am always balancing the conflicting notions that we're clearly screwed and yet things are never as bad (or as good) as we think. I think that odds that I will be alive the day the dollar collapses are small. Not impossibly small. I will never say "it won't happen", but my gut tells me that should not be the sole financial plan anyone puts into place.


    As any intellectually honest investor should do, however, I always try to keep an open mind. Your project sounds like a lot of work, but it could be very fruitful.
    6 Jun 2011, 01:51 AM Reply Like
  • DM


    I would be fine with that, some i follow but a list would be helpful. I am not saying the dollar WILL collapse, just that the time has come to pay the bill..


    when neighbors come up to me and say it is time we think alittle ahead. Cops who say robberies are up, begging from people in suits is happening, people are reaching into cars to steal anything they can get their hands on, Well i listen and say what can we do??


    Most do not want to leave their homes as we live over 70 miles from the city, but just start a group who feel the same way and start target practicing. Don't you know it but we now have 7 people who want to participate, One officer is actually mapping out strategic spots for us to be.


    We are one BAD incident in our city away and i see our group growing 10 fold. We have close to 700 condos and just to hold a meeting will open ones' eyes.
    But i don't believe were ready for that meeting yet. Personally i am gathering what i think i need, One thing i have learned are more people feel this way but are afraid to admit it. Hell. this was just a small chat at the garbage dump and it grew and grew until i realized someone has to take the lead.


    Hoping it isn't me as i am not prepared with the necessary steps, so i am doing the nexy best thing,,getting my family prepared. I have a wife who is as conservative as anyone but with me watching FOX most of the day it has her questioning what is going on.
    6 Jun 2011, 04:47 AM Reply Like
  • Looks like Humala in Peru, but not yet a definite... going to be a rough day for a few stocks tomorrow if this holds through morning... and perhaps a buying opportunity... depending on what you think Humala will or won't do if he's got the power:


    In Portugal's election, the conservative party has won and promised privatization and more austerity:
    6 Jun 2011, 01:23 AM Reply Like
  • Jack Lifton on phosphorous: www.techmetalsresearch.../


    "some 90% of the world’s mined phosphate is in the hands of five countries – China, Jordan, Morocco, South Africa and the USA."


    "The USA is no longer self-sufficient in phosphate production; it no longer produces enough to supply its own domestic agribusinesses, and one recent report speculates that at the current rate of production and with the anti-mining bias of environmental activists, the country could exhaust its accessible and currently worked reserves in as little as 15 years."


    "Morocco supplies nearly 10% of the phosphate rock used in the USA"


    New to me junior phosphorous companies: DRRSF/DAN.V, PCCLF/FOS.TO (also discusses SNRCF/ST.TO which I am long)


    New to me junior in potash & phosphorous in Brazil: MBCFF/MBC.TO


    There's possible small amounts of rare earths at PCCLF's site along with niobium.


    There's possible titanium at DRRSF's site which seems to be his favorite in the bunch... but one should look at the chart of its Canadian listing DAN.V over the last 2 years and think on it.


    Many thanks to the friend who forwarded this article to me.
    6 Jun 2011, 02:30 AM Reply Like
  • Good grief! Is there nothing that we are not running short of?


    Thanks for that link!


    6 Jun 2011, 05:40 AM Reply Like
  • HTL, how could it be otherwise when our national leadership is actively working to insure shortages. Given the policies and legislation in place, these results were pre-ordained.
    6 Jun 2011, 08:07 AM Reply Like
  • Yes Money, Tell Bernie to print some more of it !!!


    He can dirdect deposit it into my account, would you like to be part of the deposit>>>


    6 Jun 2011, 05:54 AM Reply Like
  • Folks


    I have done what i thought i could never do. I wrotr an instblog titled "IS IT TIME TO TAKE UP ARMS" so i appreciate you folks taking a look at it when i guess it is improved. Thoughts on how bad things are getting.


    Petrified of what to expect but i got tired of watching reruns of the HAPPY DAYS so i figured i give it a shot !!!! ( that is a joke 4real )


    6 Jun 2011, 06:17 AM Reply Like
  • HERE WE GO, 5 american soldiers killed in Iraq this morning. What is the POTUS gonna do??


    6 Jun 2011, 07:01 AM Reply Like
  • AQSFF/AQL.TO announces cancellation of its survey award from the U.S. Geological Survey to survey Afghanistan due to security risks.


    That's a negative. We'll see if AQL.TO can still hold the 70 cent line or not...
    6 Jun 2011, 07:46 AM Reply Like


    Here is a posting for all us gold lovers, maybe it has been posted already


    6 Jun 2011, 07:48 AM Reply Like
  • (CPST): OOPS! I posted in the prior QC by mistake.



    6 Jun 2011, 08:59 AM Reply Like
  • (CPST): FBR Capital upgrades to "outperform", target $2.75 according to a post at Investorshub by Roscoe48.



    Thanks and a Tip o' the Tam to 'im for the link.


    6 Jun 2011, 09:02 AM Reply Like
  • OK, going to the dentist myself this morning (and I hate dentists, but frequent visits and giant bills is just part of growing old, I guess - everything wears out).


    So I'll be absent this morning (perhaps longer, you never can tell).


    My WATCH list which I SHOULD be working this morning, but won't because I will be out of the control center:


    AGNC (accumulate at current levels, hold for yield)
    ARR (" " ")
    GELYF (accumulate on dips)
    GWMGF (" " ")
    IAALF (" " ")
    LYSDY (Watch - Buy@ 1.92, which I do not expect to see yet)
    PSEC (accumulate at current levels, hold for yield)
    RSO (" " ")
    RWM (Watch! Not a long or even medium term investment, of course - I'm thinking that the small caps will get hammered first)
    SNDXF (accumulate on dips, also warrants SDXXF)
    AXPW (accumulate at low price levels)
    TAMO (" " ")
    ALKEF (accumulate, momentum play)
    6 Jun 2011, 09:11 AM Reply Like
  • The *important* question: does he ask question requiring answers whilst having the hands and feet of himself and an assistant tightly wedged into the mouth?


    If not, that's a "good dentist" to visit! ;-))


    GL and I hope it's a short visit with little "you may feel a bit of discomfort" action.


    6 Jun 2011, 09:15 AM Reply Like
  • Good luck with the mouth sadists.
    6 Jun 2011, 09:33 AM Reply Like
  • TB: Empathizing!
    6 Jun 2011, 09:27 AM Reply Like
  • Thanks!


    Root canal to be scheduled, paperwork in disarray, new dentist (last 2 left the country, must be some odd combination of my strange karma and elliott wave charting side-effects), she doesn't have any travel plans yet (I asked), but...


    Back for the time being in the control center.
    6 Jun 2011, 12:33 PM Reply Like
  • Heading in the opposite direction of TB... raising cash:
    - RDIAF... selling out... should be a long-term hold... next loser on game of "weakest link" with my wife...
    - MGMXF... selling out... was holding very little to follow it... have people I follow who will chatter when/if it turns back to the positive... just a wasting asset right now... geothermal energy is out of favor for whatever reason...
    - OSKFF... selling half... just forcing myself to find somewhere to reduce exposure to precious metals mining and take some profits... it must be done... my exposure is high in this area...
    - MATR... selling 1/3 of my position... get a little tax loss... still have enough of it if finally gets off the dime and moves...
    - EXEL... had it for the ASCO conference... doesn't look like its going to have a bump from presentations at the conference... will give it until 11:30 a.m. or $10.54, whichever comes first... probably selling out...


    Flip side:
    Buying HPQ as the Mayans predicted and raising cash for rare earth purchases to come in the next few months.
    6 Jun 2011, 09:30 AM Reply Like
  • Reentered (SKF) ultrashort financials this morning... Have cheep bid in for (AXPW).
    6 Jun 2011, 09:51 AM Reply Like
  • Elephant Talk (ETAK).


    DM found this baby. I bought a smidge. Not sure either of us made clear what Elephant talk is, which is the platform both Google and Apple will likely be using for the new "cell phone wallets" to be launched this autumn.


    I like the idea. One less thing to tote around. Concerned of security issues, and who is going to make what % from every transaction.


    One for the radar folks. Was up 39% during the past two trading sessions. Slipping back today, currently down 4.75%.
    6 Jun 2011, 09:55 AM Reply Like
  • MAYA


    Put my toe back in TZA in the morning, got out after making close to 2 % in an hour. Figure my luck has to run out at some point. But i will take the money profit as i went in a little heavier than i usually do.


    I am a firm believer this market is going down but i was told these type of investments reset daily so i will learn as i go along hoping nibbling away.


    Hope the mouth is better,


    6 Jun 2011, 10:57 AM Reply Like
  • ACE: Any little or big profit made shorting the market between now and mid-July is a good thing. Haven't checked recently, but I'm pretty sure every one of the stocks I sold to raise cash in late February and into March are all down from where I sold them.


    Could have maybe timed things a little better, but at least I'm satistified I protected the downside by selling a hunk of my portfolio.


    Guessing if I wasn't buying a home, my t-shirt would be festooned with more tears than now, as I would likely have stayed long in every stock I sold.


    In a way...I'm now buying the home at a little discount from if I would have waited to sell this week, the week I now need the money.


    At least that's one meager attempt to put on a positive spin!


    6 Jun 2011, 11:19 AM Reply Like
  • MAYA


    Anytime you are buying anything by cash it always feels good when you stop counting quicker....that's no spin, it is the truth!!!


    6 Jun 2011, 11:46 AM Reply Like
  • The S&P is currently about one-third of the way through the difference between its 100 and 200 day MAs.
    6 Jun 2011, 11:37 AM Reply Like
  • Anyone else experiencing glacial performance on SA this morning? To get a thumb to register you seem to have to press the 'Like' button for an extended period of time. It takes forever for pages to load.
    6 Jun 2011, 11:57 AM Reply Like
  • Yes (part 1).
    6 Jun 2011, 12:11 PM Reply Like
  • Anybody having performance issues today, especially on visiting articles with lots of comments, like John Petersen's?


    6 Jun 2011, 11:57 AM Reply Like
  • Yes (part 2).
    6 Jun 2011, 12:11 PM Reply Like
  • I think SA doubts me. Their last reply indicated they aren't seeing evidence of it. Can folks that have problems e-mail




    so they may become believers?


    6 Jun 2011, 12:21 PM Reply Like
  • FCA and I must be linked through the interspatial karma network. Check the timestamps.


    6 Jun 2011, 12:53 PM Reply Like
  • - Yes everything was slow this morning. When was it slow last week? Was it Monday morning also?


    - Seeking Alpha support has yet to respond to a question I've asked in two tries.
    6 Jun 2011, 01:33 PM Reply Like
  • (CPST): They're still busy today: 3 minutes 453K takedown to low of $1.61.


    Some folks must want in badly.


    But market makers are there for them, so not a problem.


    This is the second consecutive occurrence of "good news" driving share price lower after a reasonable attempt for the price to rise. Dipped to yesterday's high of $1.61 before coming back a penny or two.


    But it did close the gap, a natural occurrence, so it's not all terribly obnoxious ... yet!


    It'll be interesting to see if it can stay above yesterday's close of $1.60. I guess it depends on what the whales want to pay, eh?


    6 Jun 2011, 01:00 PM Reply Like
  • I got out 2 weeks back, but I'm watching closely for re-entry....


    If I can stay awake. My body seems to think its about 1 AM instead of PM...
    6 Jun 2011, 01:04 PM Reply Like
  • (CPST): Here's the details of the CPST upgrade by FBR Capital. Worth a read as it provides insight to their methodology, assumptions and downside risk.



    6 Jun 2011, 02:17 PM Reply Like
  • ANMCF, added a little on Peru/Humala panic at 58 cents. However, this panic could be a while. ANMCF still needs to get their community agreements in place.


    GPL, looking to add at $2.68.


    I need to start going to Precious Metals Anonymous meetings.


    (SRNCF, with significant holdings in Peru, has not really been hit with the Peru panic much today)
    6 Jun 2011, 02:39 PM Reply Like
  • Just off the phone with the broker. He believes we still have another 5 to 10% drop in store. Believes the market will bottom in September or October.


    More than ever this year he was advising clients to sell in May and go away. Including me, which I did.


    He does not expect a major meltdown because too many corporations are in growth mode, and have been increasing yields, and not just the multinationals.


    He advises to stay away from PM and base metal investments, even though he doesn't think the euro will drop dramatically, as in evening up with the buck. He doae expect the dollar to gain strength, though.


    Cheaper prices likely coming to already PMs and base metals like gold and silver, uranium, copper, etc. From a chart standpoint, and what occurred after Jaguar's latest 20 plus % pop ofter the q-report, this one is getting interesting.


    We did not talk about oil, other than if a lot of bad news happenstances concurrently on the same day, oil could shoot up dramatically.


    He expects housing not to bottom for two more years, because Fannie and Freddie are not offering loans without 20% down, a spic and span credit rating, and proven income to pay the mortgage. Wells Fargo equally will not buy the loans from Fannie or Freddie for the same reasons.


    More than ever, right now, we're talking a true stock pickers market.


    Even though NVAX still a couple of months before the second traunch of the BASDA grant comes in, and flu season is equally far away, NVAX is getting into buy territory.
    6 Jun 2011, 03:10 PM Reply Like
  • Maya: Greetings. My lunch meeting Friday with my broker yielded about the same information with the exception that he thinks real estate has more than two years left as it's being artificially and artfully propped up. He also expects interest rates will begin to rise shortly as well.
    7 Jun 2011, 10:33 AM Reply Like
  • My broker loves PMs. Says they could make a run soon. Go figure. Wonder which broker is right or... it may not matter because if all the optimists in here are correct we'll be eating freeze dried packets of food and shooting each other between the eyes long before silver and gold move up or down.
    7 Jun 2011, 12:41 PM Reply Like


    Sometimes Buchanan gets it right.
    6 Jun 2011, 04:35 PM Reply Like
  • 4:08 PM International Paper (IP) offers to buy Temple-Inland (TIN) for $30.60/share. TIN +46.4%, IP +2.2% AH. (PR) 1 Comment [M&A, Breaking News]


    4:23 PM Temple-Inland (TIN) rejects International Paper's (IP) unsolicited takeover proposal. (PR) 1 Comment [M&A]


    6 Jun 2011, 05:16 PM Reply Like
  • For those looking to play NG, but waiting for prices, maybe it better to play NG *and* oil in the way Keith Schaefer suggests.



    I've not researched companies yet, but the foundational thesis seems to have a lot of merit.


    And one can step forward and back from that too: transport of the product on the back side and suppliers of fraccing equipment and services to the frac companies on the front end.


    Caveat: if the economy is really getting ready to fall flat on its face, the thesis may do likewise as energy demand really has to respond to GDP to a large degree. Even (residential) heating and cooling can suffer when many (most?) under the top 4% of income and wealth are struggling.


    6 Jun 2011, 05:26 PM Reply Like
  • Just saw Congressman Weiner on tv appologyzing. He is so arrogant. I guess from now on it wont be known as "tooting your horn" it will now be "Tweeting your weiner".
    6 Jun 2011, 06:39 PM Reply Like
  • Hilarious! Titillating!


    Much better than the "boob tube."
    6 Jun 2011, 09:17 PM Reply Like
  • Maya, I feel if people are not out yet they are a bit late. A lot of the bad stuff is overblown unless the US defaults on debt (then kiss the value of anything in America besides gold and silver goodbye).


    As for natural gas, I think the promise of OPEC dropping gas prices to help the US economy is a silly expectation. They are probably already upset about the dollar depreciation they have felt holding tons of US$ that are worth a lot less than before. Obama is no friend to the Mid-East asides from chastising Israel recently. I doubt they will do him any favors.
    6 Jun 2011, 06:51 PM Reply Like
  • Moon: First let me apologize to you and to all for the editing errors in my above broker summation comment. Kinda hit and ran..."much lots" to do! Can't always be even near perfect, but that comment made me want to take freshman English again.


    I agree with your comment on all points. If the euro was going to tank, then why is it more or less range bound? Are not the markets supposed to be forward "thinking?"


    With the March 08' "de-cession," we now have hindsight. Lots of stocks have fully recuperated, and then some. For instance, one of my fav yardsticks is Johnson Controls, which almost made it back to where it was pre-Lehman, before this current set back.


    Eventually, housing will bottom. Eventually, all that money tied up in banks, will begin outflowing in the form of loans. Eventually, the new 100s of millions of new middle class world wide will be the next stimulus; already has, quite measurably.


    This is why I like having my "play" money in a gamer account, and my "long" money in a brokerage account. Keeps my keel even.


    I'm just lucky I bailed when I did, albeit for personal reasons.
    6 Jun 2011, 09:37 PM Reply Like
  • A week or so ago, our POTUS fell asleep in the White House. He was enduring a disturbed sleep. He "felt" something, leaned up and saw an apparition, a taller man of great presence, regaled in full uniform, donning a Revolutionary War era hat.


    George, is that you? Barack asked.


    "Yes. I am here," George Washington answered.


    "What can I do as president to make my country better?" asked Obama.


    George responded, "All you have to do is follow the Constitution, and everything will be fine."


    The next night Barack was sleepless again. Out of the shadowy darkness appeared Thomas Jefferson.


    "Tom," asked Barack, "What can I do to make my country better?"


    President Jefferson answered, "Never take away the freedoms from the common man our country was founded upon."


    The next night Barack Hussein Obama was in quite a stir, turning over, in a cold sweat, when along side his bed appeared a tall bearded man, wearing a stove pipe hat.


    "Abe, is that you?" our president asked.


    "Yes. I have come here to offer my thoughts."


    Barack said, "You are the wisest of all American presidents. What do think I can do to make America better for all citizens?"


    Abe Lincoln answered, "Go see a play."
    7 Jun 2011, 01:43 AM Reply Like
  • Now that should be more widely published!
    7 Jun 2011, 07:41 AM Reply Like
  • Is that your own story, Maya? If so, you should DEFINITELY shoot it along to some of the political cartoonists on


    I think its amazing!
    7 Jun 2011, 08:56 AM Reply Like
  • Chisled down version of what my broker told me yesterday. I loved it, decided to pass it on.
    7 Jun 2011, 09:11 AM Reply Like
  • After being closed Monday for holidays, China's markets were a bit green today, and Hong Kong's were a bit red. Doesn't quite feel like the end of the world just yet... in the fall perhaps... but not yet...


    We live in a funny time where last year's red-headed commie spy is today's venture capitalist (is this a Saturday Night Live skit or reality? unbelievable):


    If I could, I'd be thinking about Peru this a.m., particularly about buying some EPU today after a 14% drop yesterday on the heels of the great socialist panic of '11... but that's just my opinion as others worry where Humala will fall on the Lula-Chavez spectrum:


    I can't recall another year where "sell in May and go away" has been touted so loudly by so many. And, I'm still feeling contrarian about it. Just can't help it... I've been trained for 24 years to believe that good news is good, but bad news is going to be even better... as with Mark Twain's death, news of the Fed Put's death has been greatly exaggerated.


    On the TIN-IP news note from yesterday above, I've been inspired to finally try to buy some FBKZF and MERC today... which means its another day of playing "weakest link"... and RNN loses and will be sold... so probably the message here is to buy RNN... if you were contrarian too.


    We are on the road... locking down our house and leaving at 8am EST... I'll be catching up when I can for the next couple of months... I am hoping my Seeking Alpha withdrawal symptoms will not be too severe and will not effect my ability to operate a motor vehicle...


    Much obliged to you all for creating a very nice community here.
    7 Jun 2011, 05:46 AM Reply Like
  • We'll miss you, C. Be safe, and check in when you can.
    7 Jun 2011, 08:59 AM Reply Like
  • Have a terrific Trip, CaY!
    7 Jun 2011, 09:12 AM Reply Like
  • Cay'est: Greetings. Drive careful and have a great time.
    7 Jun 2011, 10:40 AM Reply Like
  • And you have added, already, to that quality that makes it great!


    Thanks, be safe and and have so much fun that you "have to come back to work to rest up"!


    7 Jun 2011, 11:51 AM Reply Like
  • Pulling out of leveraged shorts this morning. I expect a bounce for a couple of days... then I will re-enter (FAZ). FAZ is up nearly 20% for the past month.
    7 Jun 2011, 08:50 AM Reply Like
  • "leveraged shorts"?


    Is that when they are all in a bunch? :-))


    7 Jun 2011, 11:52 AM Reply Like
  • The Bernak is talking today at 3:45 est. Word I'm getting is that it will not carry the water for QE3, which some are expecting (obviously, just look at the small upswing in the markets).


    I departed my RWM (just like you, Rat, I'm thinking Da Boyz will gin up a small run up in the markets over the next few days) this morning, but now I am thinking that if enough of the action we are seeing is stemming from anticipation of "Jackson Hole 2", this could contract quickly come the morning...


    Anyway, the 3:45 slot gives us little time to react, anyway, and I am just not that nimble.
    7 Jun 2011, 11:59 AM Reply Like
  • Took profits on (CPST) this morning.
    7 Jun 2011, 12:10 PM Reply Like
  • Smart move... its going down for a while. Go out, treat yourself to a nice victory dinner and plan your next move, like when CPST drops down near $1 again.
    7 Jun 2011, 12:54 PM Reply Like
  • Should have listened to myself; JAG up 4.11%.


    Vulturing around adding (ETAK). Nice pull back the past two days.
    7 Jun 2011, 12:45 PM Reply Like
  • ok.... I am back into a leveraged financial short (FAZ). I doubt The Bernak is going to say anything that will move the markets up and reverse the trend.
    7 Jun 2011, 01:00 PM Reply Like
  • What a great call, FPA! Bernanke-a-tank-ee the markets. DOW down around 100 points since 2:00.


    Well done!
    7 Jun 2011, 04:06 PM Reply Like
  • Two more Asian stocks have been Restricted. Vaccine maker (SVA) yesterday. Then oil stock (NEP) today.


    Gushan (GU) which got pummeled after their latest quartely report was Restricted, and now is up 23.72% today.


    How does one figure this stuff?
    7 Jun 2011, 01:46 PM Reply Like
  • I also jumped back into TZA when i felt the market was turning today. Lets see what happems tomorrow.
    7 Jun 2011, 04:37 PM Reply Like
  • (CPST): Might be a very positive report coming. Job postings went from 6 to 12 now with several indicating structural changes one would expect with a transition to much higher and wider volume customer base.


    This coming report had better be good, at a minimum, and surprisingly better than expected. Otherwise it makes me think DJ has forgotten to manage to cash-flow, predominately, and gone off the deep end.



    8 Jun 2011, 08:36 AM Reply Like
  • My fear is that the sales-dominated side of management may have departed from the profit-dominated financial side (which would be a reversion to past practice), and we will see the results of the bump in sales, but without profitability. I would consider this backsliding, should it transpire.


    Now is the time for this company to begin to exercise pricing power. Otherwise we are waiting for its scattered efforts to strike lightning with a major deal, which I grant is not a bad reason to invest long term, but which is not the bread and butter market which would make a solid company even if none of the long shots ever come in.


    Another financial disappointment at this point would likely drive down the stock price again, perhaps creating still another buying opportunity, though this close to the end of QE I will probably wait a month and watch.
    8 Jun 2011, 08:48 AM Reply Like
  • (CPST): And the hits just keep on coming ...


    Capstone Receives Another Follow-On Order From Oil Company for C600 and C800 Power Packages


    Yeah, it's onesies and twosies, but better than a poke in the eye. And the frequency of the O & G purchases has shown dramatic increase over the last year both here and abroad. All them pennies add up.


    This is another prompted by the Russian push to stop flaring associated gas and to reduce electricity cost while increasing reliability.



    8 Jun 2011, 08:45 AM Reply Like
  • (AXPW): prep for the testing in solar grid storage and EV charging station applications begins to progress now.


    "Envision Solar Announces Ground Breaking at Axion Power International"


    Completion expected mid-July.



    8 Jun 2011, 09:00 AM Reply Like
  • uuuuuuuuuuuu, I wait with baited breath for the next shoe to drop or the next cockroach to be spotted.


    New 52 week lows for AXPW. (bow wow)


    Meanwhile, I too have my own crosses: CAVO and NXTC amidst others The difference is that I'm Not Adding shares until I see a bottom form.


    One does not buy a Falling Knife.
    8 Jun 2011, 01:05 PM Reply Like
  • "one does not buy a falling knife"
    In here they do and have been for months. AXPW is on its way down toward the $.52 mark I called just last week. Even then I'm not sure its a buy.


    CPST holding strong at break even today but that too will drop. Save your money and wait until these two reach their bottoms.
    8 Jun 2011, 01:11 PM Reply Like


    Interesting, OPEC must have read my comment yesterday, LOL.


    Now they are in gridlock, and keeping production levels stable.


    Of course, the division within the ranks is the real story, particularly the faceoff between Iran and Saudi Arabia.


    Doubtless we will get mixed up in the mud rasslin' soon....


    My prediciton is that Voldemort will sell off some of our oil reserve to try to achieve the same effect. We MIGHT even see some of the drill permit logjam abruptly clear up, if only temporarily...


    Note that oil prices are quite firm this morning, just above $100. For the time being I am rescinding my earlier prediction of $85 oil, given the new sitrep with OPEC.


    Now it gets interesting....
    8 Jun 2011, 09:58 AM Reply Like
  • I find it interesting that Iraq is siding with Iran. Seems that Iraq may well slide into the same orbit as Turkey has recently regarding Iran. As for Voldemort releasing some of the strategic reserve he's got problems there. It's a very temporary stop gap that has little chance of succeeding for more than a day or two and it's a very finite reserve with a specific purpose. While he could free up some of the defacto embargo effects by allowing drilling, this to has issues since, he claims it doesn't exist and we are drilling more now than when he took office meaning, limited headlines and, minimum impact. All of this going on concurrently with Weiner gate driving all other news off the front page. Plus he must conserve ammo for use next year as the campaign heats up. While the Democrat machine is trying to raise a $1B propaganda fund for reelecting their team that must be accompanied by solid economic/employment activity on the ground or the attempt will be swallowed by events. Should some iteration of stagflation set in, which IMHO is highly likely under current conditions, all the propaganda in the world won't help.
    8 Jun 2011, 10:41 AM Reply Like
  • Scooped up another 10K of Axion for 61 cents per.


    For you Level 2 geeks, you can see that transaction going down at 10:44:52, while I was enjoying some scrambled eggs with the sis.
    8 Jun 2011, 11:16 AM Reply Like
  • I picked some up this morning too, though at a slightly higher price, though I have a programmed buy at $.61 which did NOT get filled (you must have got them all).
    8 Jun 2011, 11:20 AM Reply Like
  • I don't fully understand Level 2 Time and Sales, but a lot of shares cycled through from 10:44 to 10:50. Probably around 30% of transactions so far today.


    Out running around for the next few hours in this climbing to 97 degree heat.
    8 Jun 2011, 11:28 AM Reply Like
  • I picked up 4,500 at .6 :)
    8 Jun 2011, 11:30 AM Reply Like
  • OK, now I'm mad...


    Schwab will answer for this injustice!
    8 Jun 2011, 11:31 AM Reply Like
  • hehehe


    Next tranche for me is for 5k shares at .55... that will complete my planned goal - - unless the stock drops below .5.
    8 Jun 2011, 11:36 AM Reply Like
  • Took profits this morning on FAZ... am waiting to enter my next bit short position.
    8 Jun 2011, 11:51 AM Reply Like
  • The Rat is Back.
    8 Jun 2011, 12:02 PM Reply Like
  • (AXPW): Quercus sold 233, 021 @ $0.68, remaining ~6.24M. Sale dates 6/3-6/7/11.


    8 Jun 2011, 02:13 PM Reply Like
  • Rattie's idea seemed so good with Axion (AXPW) @ $0.55 that I put on a program just like it. If it doesn't fill I'll pick some up on the rebound.
    8 Jun 2011, 02:59 PM Reply Like
  • First, what's a Rattie?
    The call in here for a low at $.52 was made by yours truly last week.


    Just sit back and have a chuckle RF while others continue to convince themselves they have hit bottom with this stock. I called $.52 a week ago when it was at $.72 and now as we hit $.60, the low is near. The candlestick has just about completed formation on the down side although one must be cautious because the down side of the stick may not stop at a perfect end. I'll keep with the $.52 bottom prediction I gave but it would not surprise me if we saw something in the forties before the drop stops. Then, one still can't be sure how long it will take for this dud to get moving. Watching those in here buy at $.80, .72. .70 and now .61 is like watching an Abbott & Costello movie.... pure comedy.


    CPST took another ten cent dive today but this one is a bit harder to read. Does it dip all the way back down to the $1 level or has it found a new home in the 1.50 neighborhood? Not quite sure but I know its still wait and see time. Sit back and watch as the babbling bufoons club keeps throwing away their money as these small stocks tumble. Rebounds are sure to be coming in the future and while no one can pick bottoms every time, these two, especially AXPW have been easy to read. That $.52 bottom call of mine is looking better and better every day.
    8 Jun 2011, 04:22 PM Reply Like
  • (AXPW): Added two small lots @ $0.61.


    8 Jun 2011, 03:30 PM Reply Like


    China's inflation is heating up, and they are using their banks to try to tamp it down. Higher reserve requirements and a likely interest rate hike. Hat tip to sarcasticprofessor for this one.
    8 Jun 2011, 04:08 PM Reply Like
  • Author’s reply » The new QC is ready:



    See you there.


    8 Jun 2011, 05:22 PM Reply Like
Full index of posts »
Latest Followers


More »

Latest Comments

Instablogs are Seeking Alpha's free blogging platform customized for finance, with instant set up and exposure to millions of readers interested in the financial markets. Publish your own instablog in minutes.