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gmmpa

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  • Update: Barrick Gold Announces Disbanding Of Corporate Development Team [View article]
    Reading this news I can't help thinking how much of a difference this move could make to the balance sheet or the average production cost per ounce. I suppose every little bit helps. All companies need to use a red pencil to reduce expenses in slow economic times. It is hard to recover $8 billion in wasted capex because of bad past management decisions. However, this news is doing nothing for the most important stat for me... the trading price of the stock.

    Time will tell.
    Sep 2, 2014. 11:32 AM | 2 Likes Like |Link to Comment
  • Geron: The Best Buy In The Market [View article]
    Nice positive article on Geron. Thanks.

    Perhaps Phil should also mention that Geron owns part of ASTERIAS BIOTHERAPEUTICS INC COM SER A shares and recently issued a dividend distribution to its shareholders for the shares trading under the stock symbol ASTY. It is trading at a 37% premium over the initial distribution price. Sadly, I had considered but did not pull the trigger on adding to this separate position. Asterias owes all the stem cell IP that belonged to the original Geron before it was spun off. It is currently involved in trials to advance its stem cell science.
    Sep 2, 2014. 08:57 AM | 7 Likes Like |Link to Comment
  • Big Oil Under Serious Threat [View article]
    @JD... Don't underestimate us humans we know how and are doing a good job of killing ourselves off at a rapid pace. We have been doing it for thousands of years. We are good at it. Maybe our own human nature is natures way to protect the planet.

    Here is a question... What if we do what the consensus says and succeed in going back to the 6th century and the planet starts its next ice age because of our success? Do we all go out and start our engines only to find that they are all electric cars and there are no fossil fuels to be burned at a reasonable price except for the 1%. Do we than start all over and start chopping down trees and foraging for firewood and coal to burn again? What wizards of smart should we listen to for the next consensus to handle the next global crisis?
    Aug 25, 2014. 08:38 AM | Likes Like |Link to Comment
  • Big Oil Under Serious Threat [View article]
    You can add the feeble attempt to control climate change by controlling CO2 emissions to your argument. I suppose that the Iceland volcanic eruptions will do nothing to the scientific consensus of the global warming and climate change model.

    Just ask Shareholders United. It is all caused by burning fossil fuels by humans and we are too stupid and unqualified to comment.

    Maybe what we need is to follow the lead of Australia. They decides the a carbon tax was an economic disruption on their society and changed out their government to fix problem.
    Aug 24, 2014. 11:33 AM | 2 Likes Like |Link to Comment
  • Google's next moves for self-driving cars: no steering, pedals [View news story]
    What Google is doing is basic research on transportation even if they perfect the self-driving car. It is not the ultimate solution to human transportation needs. To really advance human transportation to a higher level we will have to throw away all forms of public transportation, all forms of private transportation and all the traffic laws and infrastructure that they operate under and that services them and come up with something completely new. Thankfully not is my lifetime. I like to drive 60 year old cars from time to time.

    Until then we are just poking around the edges and bickering over which form is better. The biggest obstacle to progress in transportation is our own human nature and the desire for individual freedom and the right to chose whatever form of transportation we want.
    Aug 23, 2014. 08:22 AM | Likes Like |Link to Comment
  • Apple's Competitive Edge: Apple As Market Regulator [View article]
    Price in consumer electronics is not always important until everyone offers basically the same features and the product becomes a commodity. I am not sure smartphones are quite there yet. However, I do believe there is an upper price point for smartphones. For example upper limits of high end laptops need to stay below $2500 unless you are an Apple zealot. Then the sky is the limit if you like the color of the case.
    Aug 22, 2014. 01:35 PM | Likes Like |Link to Comment
  • Apple's Competitive Edge: Apple As Market Regulator [View article]
    Interesting article thanks for sharing. It actual has substance worthy of discussion on the future trends in smartphone evolution. That said what also struck me was that it implies that Apple is way ahead of the competition on many current hardware features because of its tight control of its OS making it more friendly to smartphone application developers therefore the industry will not be able to mount much of a threat to Apple anytime soon with all the good things come down the pike. That is a fair argument. I suppose that is what you mean by Apple is regulating the market.

    The problem I have with your article is that you seem to imply that the rest of the competition is so far behind that it will never catch up and will go away or fade into obscurity. I don't believe that.

    Apple does currently have the best internally and externally hardware design. However, that is only a temporary technological advantage. It always has been and always will be. As soon as the iphone 6 comes out the industrial will match or surpass it on the high end phones until there is nothing more to do in hardware design that will matter to most consumes even those obsessed with cache.

    The OS software and development platforms are a different matter. That I see as the smartphone battle ground that will determine what players will be left standing in the future. This too is nothing new in the technology sector. The current debut is whether and open or closed architecture is best for the industry and how the competitors to Apple will respond.

    IBM lost the hardware battle when the closed microchannel architecture was displaced by the open architecture of today's personal computers. Microsoft owners 95% of the OS market's share by controlling the software standards for decades by offering the consumer greater productivity in the same way the Apple is pursuing. It may work however Google is also a software company and is unlikely to give up the fight for world domination of the smartphone market despite what you call a fragmented open Android OS architecture.

    I believe hardware copycat hardware manufactures like Samsung tailoring open architecture OS with fail if they stray too far from Google's open android OS to send license fees. That is already happening. I believe Google will win that fight. I also believe the Android OS is here to stay and will be a throne in Apple's side forever as Google will dictate the industry standard for that platform to allow the other smartphone manufactures to compete with Apple in the general smartphone market which is too big for Apple to completely control at every level. In the end it comes down to the processing of information. That is what Google is about. That is what the internet is all about and the smartphone is just another tools to use it. Apple will never own it even though they were first to create the tool.
    Aug 22, 2014. 06:54 AM | Likes Like |Link to Comment
  • Cellceutix Shares Are Undervalued: PolyMedix Assets Worth 50 Times Book Value [View instapost]
    The initial reason that led me to start a position in CTIX was the science behind Kevetrin IP. It is a testimony to the Cellceutix principals that they recognized the value of the PolyMedix IP and took the initiative to broadened their pipeline and future shareholder value.
    Aug 20, 2014. 08:36 PM | Likes Like |Link to Comment
  • Cellceutix Shares Are Undervalued: PolyMedix Assets Worth 50 Times Book Value [View instapost]

    ellaruth... Thank you for the fine summary of the Cellceutix story. I have been long since June 2012 and useful information was difficult to find. This company has great potential but maintains a very low profile and needs to improve its investor relations.
    Aug 20, 2014. 08:17 AM | Likes Like |Link to Comment
  • Big Oil Under Serious Threat [View article]
    Exactly! You got it!
    Aug 20, 2014. 02:45 AM | Likes Like |Link to Comment
  • Will The Fed Bring Silver Further Down? [View article]
    Anyone holding SLV or Gold should not sell at these levels. The technical analysis shows more upside then down. It is true the FED's actions are effecting the equity markets with their artificially low interest rate policies. The FED is conducting an economic experiment that is very likely to end badly. On the positive side the low interest rate are great for the cost of capital. However, this is countered by negative actions from the Democrat lead Senate and the Obama administration that is killing economic capital growth. I suspect this will continue until after the November 2014 elections.

    Until then gold and silver Investors and traders can only try to game the market by betting on what the FED does and technical analysis to hedge against stupid government policies and all the negative geopolitical news. I am keeping some Silver and Gold in your portfolio while also looking for good low PE values in the equity markets that are likely to recover quickly with a major correction. I believe being in all cash or any long term fix income or betting against the low interest rate market is a bad idea .
    Aug 20, 2014. 12:16 AM | Likes Like |Link to Comment
  • Barrick Is Still Golden [View article]
    It seems to me that your arguments apply to any well managed mining stock. Not just for gold. You buy mining companies because you expect the commodity demand for their products to rise through increased economic activity or inflation pushing the stock price higher when government monetary policies causes devaluation of the money supply. What other reason is there?
    Aug 17, 2014. 09:02 PM | Likes Like |Link to Comment
  • Barrick Is Still Golden [View article]
    Well, It sounds to me like everyone here hates the ABX accept the author of the article and me. That may be understandable given where Barrick was in all of 2013 through June of 2014. It has put in a double down in the charts and is yielding 1.1% less than the 10 year bond rate. The price of gold is stuck in a low trading range around $1300 and I really do not see it going anywhere near $5000 in my lifetime.

    That said this is the time to separate the retail investors that buy stocks at 52 week highs from the those that are serious about this game. Barrick has done much to improve their margins since 2013. I believe the chart shows a positive consolidation and signs of a breakout to the upside on major bad economic news, M&A news with NEM, or resurrection of the Pascua Lama project after being once burned by the local governments.

    Not withstanding any upward moving in the price of gold or a Barrick dividend increase. Those that have been long ABX for the past year and buying on the way down would be foolish to sell now. The smart money should have been buying all they could afford @ $15.50 - $17 to reduce their basis or entering the position if they had no position when it put in its double bottom in June. I like ABX here. It has way more upside catalysts than down going forward.
    Aug 17, 2014. 02:54 PM | 1 Like Like |Link to Comment
  • Big Oil Under Serious Threat [View article]
    No one disputes the facts... The dispute is with the so call consensus of the self professed experts that calm to definitely know the solutions and insist on worldwide compliance by government action. Something that is unlikely to happen in the twenty first century.
    Aug 15, 2014. 09:17 AM | 1 Like Like |Link to Comment
  • For Avita, 'NICE' Decision In September Could Be Huge [View article]
    I share the frustrations with the commenters here. I though the change in the CEO last year would make a difference with Avita. It has an amazing product with many examples of positive medical successes. Yet the stock price has barely moved in 2 years.

    I have issues with the design of this clinical trial. Is this the way it was structured in the other countries in which its products were approved? I would like to see a better faster strategy for the USA market. I also believe Avita should be properly listed on a major US exchange including a better strategy for growing company visibility in the USA.
    Aug 8, 2014. 09:24 PM | 1 Like Like |Link to Comment
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