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Urbane Gorilla!

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  • Notable Micro Cap Insider Buys Last Week [View article]
    I hope you're suggesting for traders to perform DD on any of the above ...Probably an exaggeration, but for every Russell 2K stock I see that runs up after an insider buys, I seem to see one that tanks on the same news. For example, an insider just bought 30,000 shares of $NVAX at 1.30 last week..The stock is now 1.16.....Not to mention oddities like $OPK who's insider Frost has been buying (not receiving at zero dollars) several hundred thousand shares a week for months and nothing happens. He now owns about 2/5th of the outstanding shares. IMO, insider least in the Russel 2K are not much of an indication of anything. You need more than that to push it up, be that paid promoters, pending FDA results, buyout rumors, big new clients, government contracts......Somethi...
    May 20 06:48 PM | Likes Like |Link to Comment
  • Insider Buys And Sells: Opko Health, Toll Brothers [View article]
    Frost is a cagey old guy ..LOL! And I was aware of his activities.
    May 14 03:25 PM | Likes Like |Link to Comment
  • Chimera: Highly Undervalued And Ready To Jump Higher [View article]
    The Fed doesn't give tax money to any other country..But our government does..The top recipients are Iraq and Afghanistan..Because we destroyed their countries I guess we're on the hook...And if I recall, Israel is #3.. A country that disavows our Democratic ideals, sells the technology we give it to countries like China, does have nuclear weapons and refuses to sign on to the same programs they expect Iran to sign and has actually attacked our ships.. We also give money to ex-USSR countries so we can travel through them on our way to our war zones and oddly to Russia? Go figure. We give approximately $6 Billion (we don't know exactly as our Govt stopped itemizing Israel in the Bush Jr era) and about $1 Million to Palestine, while we stand by watching Israel occupy the country. Amazing.

    Here is one site breaking down our donations :
    Apr 30 05:23 PM | Likes Like |Link to Comment
  • Insider Buys And Sells: Opko Health, Toll Brothers [View article]
    The director of $OPK is an animal. He's bought weekly like clockwork. I don't understand why this stock remains stationary. If ever there was a reason to 'buy with the insiders' this company would be the poster boy.
    Apr 30 12:09 PM | Likes Like |Link to Comment
  • Insider Sentiment ETF Shows More Promise Than Insider Selling Data [View article]
    I follow Insider Buys/Sells and I really have to caution people accepting the tired old dog "Insiders know what's happening with their company better than outsiders" ...I've seen too many stocks nosedive after big insider buys:

    $NGSX last buy 2.11 ..Price now 0.42
    $PRMW last buy 3.00 now 1.53
    $PWAV last buy 1.53 now 0.98

    ..... and many that I don't even recall right now.

    You have to know why they're buying..Maybe they're pumping their own stock..Sometimes they do it to avoid a NASDAQ delist letter, others to boost the stock before a new offering..Many reasons..Not all are honest.

    Having said that, I did just buy $OPK...The Director 'Frost' has bought about 2/5 of the availble shares. Unbelievable!
    Apr 25 05:35 PM | Likes Like |Link to Comment
  • "Ghost Shares Galore" A Tale Of Rampant Undocumented Shorting [View article]
    I receive a weekly update of 'unfulfilled' shorts and how long they have been on the SHO list. And there are pay sites as well as at least one free site where you can view a list :
    Apr 24 12:10 PM | Likes Like |Link to Comment
  • Dry Bulk Stocks/BDI Disconnect Creates Opportunity For Investors [View article]
    It's all about the glut of ships and simple Econ 101. Too many ships produce a market downward pressure on rates. Right now, shippers are selling their older vessels for scrap steel. This was not the case during the BDI boom times. During that period, demand for ore was high (unlike now) and there was an insufficient number of ships which pumped up the demand. For a long hold, I like shipping. One day we'll see a reversal of demand and by then possibly a reduced fleet will put upward pressure on rates. Same is true of oilers. "Happy Trades To You..."
    Apr 22 04:13 PM | Likes Like |Link to Comment
  • Chimera: Highly Undervalued And Ready To Jump Higher [View article]
    After its bounce off the lows, it actually did put in a higher high and lower low. IMO, the present price does just reflect a selloff after the dividend (It does this like clockwork) : - Click on events and dividends if the D's don't show on the chart.

    However, I'd be happier buying it at 2.70 (The 200DMA ) with a stop at 2.50 and add on a break over the 50DMA (presently at 2.85) .... or better yet, sell into the dividend again as shown on this daily Stockcharts :

    I think it pretty much chops sideways for a few months.
    Apr 22 03:46 PM | Likes Like |Link to Comment
  • Chimera: Highly Undervalued And Ready To Jump Higher [View article]
    Cute! LMAO!
    Apr 22 03:37 PM | Likes Like |Link to Comment
  • Weighing The Week Ahead: Time To Worry About China? [View article]
    Just a comment about the unsurprisingly watered down version of Congressional Insider Buying. How much better would it have been and how much more transparent to the citizenry if they had included a requirement that they report all of their transactions on or some other 'immediate' service rather than dodging it for a month or so. Color me not very impressed.
    Mar 25 03:22 PM | 2 Likes Like |Link to Comment
  • The Ballad Of Greg Smith [View article]
    Everybody knows that the dice are loaded
    Everybody rolls with their fingers crossed
    Everybody knows that the war is over
    Everybody knows the good guys lost
    Everybody knows the fight was fixed
    The poor stay poor, the rich get rich
    That's how it goes
    Everybody knows

    "Everybody Knows" Leonard Cohen.

    But nobody really pays attention till an insider speaks up. Kudos to Greg Smith for being that guy, for whatever reason.
    Mar 15 08:29 AM | 4 Likes Like |Link to Comment
  • No Such Thing As Free Checking: The Next Wave? [View article]
    Your statement "They might want to come up with mutual agreements to stop charging each other's customers fees for using ATMs" ..Is interesting. They used to do just that. Originally, BofA and Wells Fargo pioneered ATMs as a means of reducing tellers and of course saving money. They originally allowed other banks customers access to their ATMS and a fee was charged to the customer's bank. As a means of incentivizing users to transfer accounts to their banks the two began implementing a direct access fee as well, which has now grown to $3 and I've heard as high as $5 for non-customers.

    Time to get real. Bank of America and Wells Fargo are crooks and should be split up so they aren't 'too big to fail'. Move your money to a good local credit union. How stupid do you have to be to fund the CEO of BofA's $10 Million salary or that of Wells Fargo's CEO at $17.56 Million?

    Bank of America, Wells Fargo, Citibank and Chase Manhattan have established practices designed to pilfer from their customer's accounts. Every time they get hauled to court to correct their crooked ways, they find a new method...Like this one, and continue, knowing the fines will never be more than the funds they take from their customers.

    Sad but true.
    Mar 8 09:12 PM | Likes Like |Link to Comment
  • AOB Late On Bond Payment And Fails To Disclose In SEC Filing [View article]
    Wolfman stated his facts above very well and provided 3 reasons for AOB's actions. I think he did an admirable job.

    The comment that AOB intended to reverse split was released after his article was published (so it seems unlikely he should be aware of it) even though management had decided to do so in January. The notice does say that as they are incorporated under Nevada Law, they do not need a vote of the shareholders.

    It bothers me when a company makes a decision of this nature and then drags its feet on advising the shareholders. Almost as if insiders were collecting shares at rock bottom for an expected pop on the reverse split...But then again, I'm a bit jaded when it comes to Chinese stocks. ;=)

    I might also add (from Zacks - Nov 2011) : Revenues in the third quarter of 2011 declined 41.1% ... Has AOB turned this around or did they address it?
    Feb 26 06:56 PM | Likes Like |Link to Comment
  • Big, Robust Pipelines At Small Biotech Companies [View article]
    GNBT $0.16
    BIOD $0.61
    DMED $0.75
    SPEX $1.04
    MNKD $2.43
    ARRY $3.28
    DEPO $6.92
    Feb 7 06:36 PM | Likes Like |Link to Comment
  • Injured Chinese IPOs To Offer Value Opportunities [View article]
    I stopped updating this Google Spreadsheet as more and more reverse stocks began crashing. What I found was that it didn't make much difference whether the company was fraudulent, but simply how it was perceived and whether any stench was attached to it. That could have been a lawsuit, a blog, a CEO leaving.. Almost anything. So my suggestion is 'stay away from any controversy' ..Safer.. LOL.

    Anyway, feel free to take a look:
    Jan 26 05:30 PM | Likes Like |Link to Comment