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gmmpa

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  • Northern Graphite Soars On No News: It's Time To Take Profits [View article]
    Gtoz... Who knew... You would never know by reading the NY Times and watching CNN. Some think that Mexico is really part of Texas. Perhaps next year it will be :-(

    http://bit.ly/WTBcwE
    Aug 2 08:37 PM | Likes Like |Link to Comment
  • Northern Graphite Soars On No News: It's Time To Take Profits [View article]
    Ben, I did a little more research on the nature and properties of graphite, its uses and major sources worldwide. It seems to me that there are more than a few variables to consider in assessing the value of the different grades of graphite ore for industrial uses. The properties of the graphite varies greatly and so does the industrial needs associated with them. Currently major suppliers of graphite are North and South Korea in Asia and Austria in the Europe and Mexico in Central America which is the largest supply to US manufacturers. No significant supply in North America. Also the large and extra large flake properties is extremely rare and currently command a premium in the market place for some unclear manufacturing reason.

    Most of the Austrian supply is used by the EU countries. It would follow that most of the Korean supply would be used by China and Japan. Even without considering transportation costs or the different properties of the ore a larger North American supply would be more cost effective for American manufacturing even at lower worldwide graphite prices. This does not even considering the important of the different uses for the different grades of ore.

    Your article seems to imply that the PEA could be as much as 35% off and that project funding could be harder to obtain cheaply even with a contracted buyer for the supply without diluting the stock. I disagree. There is a large amount of funding sitting on the sidelines waiting for the right projects especially when the American economy picks out after 2015 when we get a more business friendly administration. PEAs can be improved by drilling more assessment holes to placate the investments thought it will increase the cost of the project. The need to do that is pure speculation.

    I still think it is much too early to take profits in this project until there is more news on how this project will play out. I think it has much more upside than you give it credit for. Especially if you have to sell a large long position into this current low volume trading environment.
    Aug 2 09:02 AM | 1 Like Like |Link to Comment
  • Northern Graphite Soars On No News: It's Time To Take Profits [View article]
    One can never argue with anyone taking profits. However, if one buys a micro cap mining stock as speculation it is not unreasonable to look for a double to cover the lost opportunity costs of taking the position. Northern Graphite like most start up micro cap mining companies have all the risks you listed. Some projects could take 10 years to go from start to finish. The last stage to get the funding for mining operations and support from the locals to proceed is a major risk.

    This stock traded at $3+ / share in the past. You should probably take profits if your basis is under .50 cents, however, $2 / share is not unreasonable from where it is trading now as a speculative bet. The 50 EMA has only recently cross the 200 EMA a week ago. It is trading a little further above its 200 EMA so it is reasonable to believe it will pullback, but from these technical data my bet is that it will go higher and on any positive news like Northern is entering into negotiations with a major miner or a VC for funding or acquisition talks.

    I will sell on the news not at these levels.
    Jul 31 09:15 AM | 1 Like Like |Link to Comment
  • Wall Street Breakfast: Condensate Leaves U.S. Shores As Industry Demands Export Guidelines [View article]
    Regarding PAYPAL... It is an excellent business model. I believe it could be a player in the future of electronic payments through smartphones. Expansion into Europe will move its growth faster there than in the USA. The Europeans are further along in the uses of smartphones than in America. It is only a matter of time before Ebay will cut it loose to grow on its own. Meg Whitman's decision to acquire PAYPAL was great for EBAY shareholder value, but it stunted PAYPAL's growth into the financial and retail sectors. I love to use PAYPAL in retail purchases whenever the retailer accepts PAYPAL electronic payment settlement in lieu of direct credit or debit card payments. I have used it many times for international purchases involving foreign exchange.

    I would consider it for my portfolio if PAYPAL ever goes public. I will continue watching how this unfolds for both EBAY and PAYPAL. I am on board with Carl Icahn on this one.
    Jul 31 07:22 AM | 2 Likes Like |Link to Comment
  • Wall Street Breakfast: Condensate Leaves U.S. Shores As Industry Demands Export Guidelines [View article]
    To paraphrase a statement from Margret Thatcher... This is what happens in Socialist economies when you run out of other people's money. Sadly Argentina was one of the biggest economies in the early 20th century. South and Central American governments should pay attention. Then again maybe so should those in North America.
    Jul 31 06:59 AM | 22 Likes Like |Link to Comment
  • Apple begins Beats restructuring [View news story]
    This must be close to 50% of Beats staff. Welcome to the realities of the M&A in today's model work force. Apple paid a high price for Beats. Integration of redundancy is a necessary move to make the deal work for Apple sharehold value. I suspect that the Beats brand will also disappear over time in favor of the stronger Apple brand as new audio products are introduced by Apple.
    Jul 31 05:50 AM | 2 Likes Like |Link to Comment
  • Wall Street Breakfast: Saudi Stock Market, Apple Orders, Chipmaker News [View article]
    Actually txwoodworker do yourself a favor... you should not get your economic theory from FOX news, CNN, CNBC, certainly not the print news media or DCCC, or congressional government propaganda releases. You should spend some time doing basic readings from Milton Friedman or even Paul Samuelson who was a keynesian. At least take the time search YouTube and view the 10 part Milton Friedman videos serious before posting your thoughts on government's contributions to GDP.

    Government money printing and spending is not real capital investment. A central planning government historically has never been able to allocate economic resources as efficiently as the private sector. Socialism and Communism and it has never worked. You may have heard that before. It is the truth. Just look at what is happening in Argentina and Russia. America and the UK are heading in the same direction right of the cliff.
    Jul 30 11:41 PM | 2 Likes Like |Link to Comment
  • Apple And Me: Why I Finally Bought Some Apple Shares [View article]
    As the song goes: "You got to know when to hold th'm, You got to know when to fold th'm, Don't count your money until the game is over"... Something like that.
    Jul 30 10:15 AM | Likes Like |Link to Comment
  • Apple's Xiaomi Problem [View article]
    @ bjnflicks... As a consumer that does not own an iPhone please tell me how the Android is far inferior and slipping farther behind? Which Android phone are you talking about? What features are you talking about. This is a serious question not intended as a slap down of your comment. Seriously... Why should I buy an Apple iphone?

    I am long Apple so I believe Apple will go higher, but as a consumer I do not understand what you are talking about. Do you own Apple stock and trying to pump the stock or do you own just iphones? Are you planning to grade to the new iphone 6? Why? You don't even know its specifications other than it has a half eaten Apple logo on its bigger case.
    Jul 29 10:47 PM | 2 Likes Like |Link to Comment
  • Krugman's Latest Debt Denial: Why His Two Magic Numbers Don't Cut It [View article]
    hey macho...iavelli, The problem with Obama is the idiots in Congress that wouldn't cut Obama's funding, wouldn't impeach him, or challenge a single illegal executive order is has made or planning to make through 2016. I did put him in office and have sent campaign donations to every GOP Senate primary candidate in every state that ran a decent candidate against any incumbent Senator that is the sort of this problem. I can do no more then that.

    What have you and Mr. "Dubya has an MBA from Harvard" above done to fix the problem! Just for his information I graduated from the Wharton school at the U of P which still has a business mind set instead of the liberal crap taught at Harvard, Colombia, and Brown, and you my friend will certainly lose your bet on the latter. So... you, he, and Paul Krugman should keep working at blows hot air on the comments page of SA and the NY Times to anyone willing to listen to your baloney because you guys will surely NEVER get rich!

    There now... I wasted my time responding here and did what I said hate... add another worthless comment on SA.
    Jul 29 10:52 AM | 1 Like Like |Link to Comment
  • Northern Graphite Company (H2 2014 Update) [View article]
    Batteries and pencils are not the only future uses for graphite. It is my understanding that graphene is an upcoming technology for large flake graphite. http://bit.ly/1gfixjo

    I could be wrong, but isn't Bissett Creek the only American based graphite mining project? The strategic value alone is a good reason to see that this project is successful.
    Jul 29 08:18 AM | Likes Like |Link to Comment
  • Apple And Me: Why I Finally Bought Some Apple Shares [View article]
    Stephen... your article brings back great remembers of 80s. It was a great decade for me and for the growth of technology. I remember when I saw and played with my first MAC ,my first IBM AT and the first Compaq lug-able. I thought at the time they were cute expensive toys that needed more hardware and software development to be useful in business. The processors were slow, there was no affordable hard disk technology available for personal computers. Computing networking token ring and Ethernet had still not emerged in the business community. Mainframe computers still dominated business processing. Only the largest companies networked their computer systems. Email (nothing like today) was just started to emerge in large companies. The Internet as still only at the Universities and Netscape browser software technology was still 10 years away. It would have been nearly impossible for anyone not in the technology business to predict the outcomes of companies like Apple at the time.
    The major phone companies were AT&T and MCI and Telecommunications had just started to transition. That was where the major stock action was in the market.
    The stocks and the exchanges traded through brokers at very high commission fees. All stocks were values in fractures 1/8ths and quarters. The few retail Investors that existed would have to sit in the broker's office to get real time stock prices and wait until the next morning to read the quotes in the newspapers. Few retail investors had brokerage accounts. We have come a long way to where we are now.
    Currently I am long Apple. I have been in and out of it from time to time since the late 90’s. The real money to be made in stocks is in capital gain. Dividends are good but you will never become rich on dividends or buying stocks of mature companies unless you already have a reasonably high net worth. The real question you should be asking yourself is… Will Apple's earnings continue to growth and can they sustain that growth rate to maintain dividend growth. That is what the market is trying to determine. Those that use Apple products are absolutely convinced it will. Long time financial investors and technology types like myslef are optimist but know there are no absolutes in share prices or dividend payouts.
    Jul 28 12:45 AM | 1 Like Like |Link to Comment
  • The Day I Sold Everything [View article]
    Stephen thanks for the article. Happily, I found the COMMENTS more interesting than your article. The markets are a marvelous place driven by a large array of emotions, premeditated thoughts and strategies, positive and negative information, truth and lies cooking on the stove with the spices of good and bad government policy all stirred up into one big stew on which we all feed.

    Each of us must decide if it is too hot, too cold or just right. Each of us must decide if it is too sweet, too salty, whether to eat or to pass the bowl.
    Jul 26 07:46 AM | 1 Like Like |Link to Comment
  • Northern Graphite Company (H2 2014 Update) [View article]
    Assuming my float information is correct NGPHF has 49,131,000 undiluted shares outstanding. Your earnings estimates without considering cost of fund mining operations that is $1.22 / share in earnings. If $5 is a reasonable price to pay for a micro cap miner earning $1.22 / share could price NGPHF at around $6 / share.
    Jul 24 06:52 PM | Likes Like |Link to Comment
  • Krugman's Latest Debt Denial: Why His Two Magic Numbers Don't Cut It [View article]
    Now how would you know that? Krugman and you are still working and I have been retired for 12 years. Kids are grown and gone. I have no debt and need nothing. I could care less what idiot is president though I love this country and hate to see what is happening to it by the current fools in power. Other than that life is good!
    Jul 24 02:22 PM | 2 Likes Like |Link to Comment
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