10 Crazy Facts About Japan's Debt Burden [View article]
Your link describes the mistakes that were made, the details of the disaster, etc. And yes it was a tragedy which was caused and compounded by ineffectiveness of gov't agencies, etc. That's all true.
But you have not provided any data indicating that there is a lingering danger to these 40 million citizens. So I'm not sure what you mean by these "future costs" that you alluded to.
The highest exposure that people in nearby areas was exposed to was 12-25 (mSv) in the 1st year, according to the WHO. It takes about 1000 mSv/year to cause any significant health risks. Source: http://bit.ly/10BP3pj
Radiation dissipates over time, so if levels were not very high in the first year, it seems highly unlikely that levels would reach anything higher than 25 mSv/year going forward.
All independent studies and academic papers on the topic have come to the same conclusion, that there is very little risk to the public going forward.
Seagate Technology - Are There Clouds Overhead Or In Its Books? [View article]
"Seagate is in the smallest oligopoly possible sharing 85% of the market with Western Digital. It makes the hard drive industry margin relatively safe but it also makes your only opponent highly dangerous in a case where it develops a better product than yours (just think of what Apple (AAPL) did to BlackBerry (BBRY))."
A search for "solid state drive" on Amazon will find Seagate drives near the top of the list... but, there is no sign of Western Digital anywhere.
Great reviews, too: all of their solid state drives have received 4 or 4.5 stars out of 5.
Looking forward, it's not hard to see which company will come out on top. I would not want to bet against STX - especially at its current valuation.
Yongye International: Risky Business [View article]
I believe you are mistaken. If the exchange had asked questions after the filing of the 10-K, this would have shown up as an official correspondence and would have been filed with the SEC. There is nothing like that in the SEC filings for YONG:
Yongye International: Risky Business [View article]
I don't care either way. Maybe they're a fraud, maybe not. That's what makes them so interesting to watch. I wouldn't want to have a position in this company on either side, to be honest.
Now that they have filed their audited 10-k I don't think the exchange has any basis for keeping them halted much longer. We'll see.
Yongye International: Risky Business [View article]
"As a result, the stock is halted."
That cannot be the result, because the stock was already halted before the 10-k was filed. So, your statement makes no sense from a cause and effect standpoint.
"(and KPMG China is not KPMG US and is not a top-four auditor)."
Incorrect. KPMG is a global company, based in the Netherlands. "KPMG US" is not a top-four auditor, they are merely one part of KPMG. You can see here, (or anywhere else), that KPMG is a top-four auditor: http://bit.ly/ZzQgsl)
"@Deep: Hey, didn't you tell us that the saga was over and that the company was being taken private? Who said "Congratulations to the longs, and my condolences to the shorts?" and was kicking himself prematurely for not buying any YONG?"
Aren't you the one who prematurely thought YONG was somehow fraudulent and would not be able to file its audited 10-k this year?
Anyway, good luck with your short position. You have been proven wrong every step of the way (especially with regards to the science). Acting like a troll and insulting their products isn't going to help your position.
Yongye International: Risky Business [View article]
This is one of the more fascinating Chinese small caps that I've come across. Personally I find YONG too risky to invest in, but I love to follow this company.
KPMG signed off on YONG in 2012. And that is saying something, because most top-four auditors resigned during that year, if the company they were auditing looked shady. That was part of the reason why so many frauds were exposed in 2012.
Now YONG is halted, and they delayed their filing. But to make it more interesting, they have actually filed the annual report, with KPMG's signature on it... and on April Fool's Day no less! I can't wait to see if the halt is lifted, and what happens to the stock after that. It's great entertainment no matter what happens.
February Nonfarm Payrolls:+236K vs. consensus +160K, 119K previous (revised from +157K). Unemployment rate 7.7% vs. consensus 7.9%, 7.9% previous. [View news story]
WMARKW: The household formation rate jumps around a lot. Six months ago, the rate was around 2m/year, which is more than enough to support my prediction. Source: http://bit.ly/16gctCN
1% population growth is also plenty. This would add around 3.1m people/year. A "typical" value for housing starts is roughly 50% of the annual increase in population: http://bit.ly/YKZTHi
Spencer: 1.2m is still below average. The number went from 600k-900k from 2011-2013. And the vacancy rate is lower now, everything is picking up - we should see at least 1.2m before 2015.
And I don't expect to see major corrections in the housing market because the vacancy rate is at a fairly healthy level of 1.9%.
There are some brief periods when the correlation doesn't hold up as well, such as the small 2001 recession which was not related to housing. But for the current environment the trend is pretty clear.
No he is just pointing out the obvious flaws in the "self-regulation" argument.
Are you denying, for instance, the fact that GE dumped millions of pounds of carcinogenic PBC's into the Hudson River, when no one was regulating them?
10 Crazy Facts About Japan's Debt Burden [View article]
But you have not provided any data indicating that there is a lingering danger to these 40 million citizens. So I'm not sure what you mean by these "future costs" that you alluded to.
The highest exposure that people in nearby areas was exposed to was 12-25 (mSv) in the 1st year, according to the WHO. It takes about 1000 mSv/year to cause any significant health risks. Source: http://bit.ly/10BP3pj
Radiation dissipates over time, so if levels were not very high in the first year, it seems highly unlikely that levels would reach anything higher than 25 mSv/year going forward.
All independent studies and academic papers on the topic have come to the same conclusion, that there is very little risk to the public going forward.
http://bit.ly/12jKFcZ
Seagate Technology - Are There Clouds Overhead Or In Its Books? [View article]
A search for "solid state drive" on Amazon will find Seagate drives near the top of the list... but, there is no sign of Western Digital anywhere.
Great reviews, too: all of their solid state drives have received 4 or 4.5 stars out of 5.
Looking forward, it's not hard to see which company will come out on top. I would not want to bet against STX - especially at its current valuation.
Mega-Caps: The Original Low-Volatility Stocks [View article]
Yongye International: Risky Business [View article]
http://1.usa.gov/Z2chku
Yongye International: Risky Business [View article]
http://1.usa.gov/Z2bUq4
Also there is nothing new on the Nasdaq site after the 10-K filing was made 2 days ago:
http://bit.ly/13RSegi
Yongye International: Risky Business [View article]
Now that they have filed their audited 10-k I don't think the exchange has any basis for keeping them halted much longer. We'll see.
Yongye International: Risky Business [View article]
That cannot be the result, because the stock was already halted before the 10-k was filed. So, your statement makes no sense from a cause and effect standpoint.
"(and KPMG China is not KPMG US and is not a top-four auditor)."
Incorrect. KPMG is a global company, based in the Netherlands. "KPMG US" is not a top-four auditor, they are merely one part of KPMG. You can see here, (or anywhere else), that KPMG is a top-four auditor: http://bit.ly/ZzQgsl)
"@Deep: Hey, didn't you tell us that the saga was over and that the company was being taken private? Who said "Congratulations to the longs, and my condolences to the shorts?" and was kicking himself prematurely for not buying any YONG?"
Aren't you the one who prematurely thought YONG was somehow fraudulent and would not be able to file its audited 10-k this year?
Anyway, good luck with your short position. You have been proven wrong every step of the way (especially with regards to the science). Acting like a troll and insulting their products isn't going to help your position.
Yongye International: Risky Business [View article]
KPMG signed off on YONG in 2012. And that is saying something, because most top-four auditors resigned during that year, if the company they were auditing looked shady. That was part of the reason why so many frauds were exposed in 2012.
Now YONG is halted, and they delayed their filing. But to make it more interesting, they have actually filed the annual report, with KPMG's signature on it... and on April Fool's Day no less! I can't wait to see if the halt is lifted, and what happens to the stock after that. It's great entertainment no matter what happens.
February Nonfarm Payrolls: +236K vs. consensus +160K, 119K previous (revised from +157K). Unemployment rate 7.7% vs. consensus 7.9%, 7.9% previous. [View news story]
The household formation rate jumps around a lot. Six months ago, the rate was around 2m/year, which is more than enough to support my prediction. Source: http://bit.ly/16gctCN
1% population growth is also plenty. This would add around 3.1m people/year. A "typical" value for housing starts is roughly 50% of the annual increase in population:
http://bit.ly/YKZTHi
Spencer:
1.2m is still below average. The number went from 600k-900k from 2011-2013. And the vacancy rate is lower now, everything is picking up - we should see at least 1.2m before 2015.
And I don't expect to see major corrections in the housing market because the vacancy rate is at a fairly healthy level of 1.9%.
February Nonfarm Payrolls: +236K vs. consensus +160K, 119K previous (revised from +157K). Unemployment rate 7.7% vs. consensus 7.9%, 7.9% previous. [View news story]
I'd say that by the end of 2014, we should see housing starts of at least 1,200,000 per year, and the unrate should be down to around 6%.
http://bit.ly/13LfxaM
There are some brief periods when the correlation doesn't hold up as well, such as the small 2001 recession which was not related to housing. But for the current environment the trend is pretty clear.
http://bit.ly/10hIYwi
Bernanke's Kryptonite [View article]
Are you denying, for instance, the fact that GE dumped millions of pounds of carcinogenic PBC's into the Hudson River, when no one was regulating them?
http://bit.ly/15cG1Q9
Bernanke's Kryptonite [View article]
Is 3D Printing A Huge Bubble? [View article]
Dude, it's an emerging technology. When the first personal computers were being developed, no one could've told you how an iPad could be made.
Is 3D Printing A Huge Bubble? [View article]
I disagree. Salim Rana won his lawsuit against Andrew Left.
That lawsuit, among others, forced Left to shut down his previous site (StockLemon) before he started Citron.
He has also been punished by the National Futures Association for committing securities fraud. More info here:
http://bit.ly/VvgDBu
Bernanke's Kryptonite [View article]
Guess what: a lot of politicians also know each other at Yale, Harvard, etc. Who cares?