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Rustbelt Bill

Rustbelt Bill
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  • Aethlon 1:50 reverse stock split effective today [View news story]
    You buy these kinds of stocks based upon the concept working within some time-frame. When you stop "believing" it's time to vote with your feet and move-on, not complain. I have bought into plenty of near-criminal scams, but that goes with the territory. It's not called the leading edge for nothin'.
    Apr 14, 2015. 09:25 AM | 1 Like Like |Link to Comment
  • Cytori's ECCS-50 tagged an Orphan Drug in Europe [View news story]
    I don't understand what this is:
    "Among the benefits of Orphan Drug status is a 10-year period of market exclusivity, if approved."
    Does this mean that only one drug at a time can be so designated? Does it also assume that a better drug will not come along during the next ten years?
    Apr 7, 2015. 09:43 AM | 1 Like Like |Link to Comment
  • Boeing: Lithium batteries present cargo risk, backs ban [View news story]
    When there exists an answer to electrical storage, or cancer, or death corn, nobody can stop it being commercially exploited. Period. And, thank God.
    Mar 11, 2015. 10:23 AM | 3 Likes Like |Link to Comment
  • Midday Gainers / Losers [View news story]
    I don't understand why MELA isn't doing better. They HAVE a product that does something important. It seems to me that it is just a matter of time until they put together an appropriate sales effort to get it out to the world, and build an income stream.
    Mar 9, 2015. 01:16 PM | Likes Like |Link to Comment
  • Midday Gainers / Losers [View news story]
    Oh, goody! Lots of people panicked without looking at the definition of the new (to pharma) "Complete Response Letter", I get to buy another hundred shares at bargain prices. Alas, I did buy too early in the day...
    Mar 2, 2015. 05:02 PM | 1 Like Like |Link to Comment
  • Premarket Gainers / Losers as if 9:10 am [View news story]
    I am real unclear on MYGN falling so abruptly with a just a modest decline forecast, but I'll take the opportunity to buy more. Thanks, guys...
    Feb 4, 2015. 12:55 PM | 1 Like Like |Link to Comment
  • Aethlon Medical up on successful Ebola treatment [View news story]
    There exists a one hour testing device for Ebola. BMXMF Could be a killer combo...
    Nov 24, 2014. 08:38 PM | Likes Like |Link to Comment
  • Organovo +16% even as report says 3D printing of organs could be banned [View news story]
    I hope the shorts keep it up - I have some cash coming soon and I'd like the price to stay low for just a little longer...
    Jan 29, 2014. 01:34 PM | Likes Like |Link to Comment
  • Organovo falls; Citron suggests boiler room propping up shares [View news story]
    I think many people are condemning this stock because they think ONVO is seeking to make human organs for installing in humans. Not so. They are trying to make organs which can serve as replica organs for quicker and better testing of drugs, procedures, etc., to replace use of pigs, mice, frogs, etc. If they can do it, they'll make money. This is not Frankenstein medicine. Not yet, anyway. That comes later...
    Jan 21, 2014. 08:10 PM | Likes Like |Link to Comment
  • The selling continues in the mortgage REIT space (MORT -3.4%), with one of today's biggest losers Chimera Investment (CIM -3.8%) a curious one as its exposure is credit risk not rate risk. Other tumblers: Armour (ARR -6.4%), New York Mortgage (NYMT -6.5%), Javelin (JMI -6.1%), MFA Financial (MFA -3.4%). There's little bid for American Capital - (AGNC -4.1%), (MTGE -3.3%) - with one trader noting Gary Kain's focus on owning pre-pay protected paper is another bet not paying off as rates rise. [View news story]
    Hopefully, the Shorts will take it where they earn it. As I understand it, the REIT's are all based upon the spread. Certainly, there will be adjustments in earnings as and when there are adjustments in interest rates- sometimes clumsy. If you think for a moment that the creators/operators didn't think these times would eventually be upon us, you are assuming that they only built these empires to operate in these bad times and that good/normal times would never return. Go ahead and sell now...

    Rustbelt Bill
    Detroit
    May 29, 2013. 01:54 PM | Likes Like |Link to Comment
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