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gmmpa

gmmpa
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  • Krugman's Latest Debt Denial: Why His Two Magic Numbers Don't Cut It [View article]
    Thank you for the good laugh!

    You sir seem to be living on another world. The USA is $17 Trillion in debt and growing and we have paid down just $7 billion in 8 years under a Democratic majority rule. America has 91 million unemployed in 6 years under Obama and it is still the Bush great recession. 144% increase in welfare payments and food stamps and you are pleased that your investment portfolio has recovered with inflated US dollars. You should be a writer for Saturday Night Live!

    I am not a Bush fan but there is a big difference in how America looked before 2006 when the Democrats were voted into power to fix the evils of George W. Bush and his policies. Back then we only had two wars. Now we have the entire world on fire while Obama sits and watches from his huge carbon foot print on Air force one on his way to the next crony fund raiser.

    You failed to mention that Krugman served as an economic staffer in the Reagan administration. He apparently learned nothing then and continues on his journey along with you to a nonexistent world you live in where facts don't matter.
    Jul 24 09:06 AM | 6 Likes Like |Link to Comment
  • Focus Graphite Is Highly Undervalued And Positioned To Profit From Rising Graphite Demand [View article]
    I have a question. If Focus Graphite has already contracted out for 90% of its production for 10 years in the future to one buyer is the price fixed or is it indexed to market prices? What happening to net earnings if prices demand or expenses significantly changes?
    Jul 23 08:24 PM | Likes Like |Link to Comment
  • Krugman's Latest Debt Denial: Why His Two Magic Numbers Don't Cut It [View article]
    I wonder how Krugman manages his personal checkbook and his credit card accounts with such an economic opinions? What Krugman is saying is that his grandchild will gladly paid for his lunch Tuesday in the year 2039 if we give him a free lunch today. I remember W.C. Fields saying the same thing. Only no one under 40 years old even knows who W.C. Fields was. 25 years from now we will be saying "Krugman who?".

    What the hell is the matter with Princeton University? So much for modern higher education. IV league schools used to be better. I am glad I graduated in the 60's before they were corrupted by the lunatics on the left.
    Jul 23 02:10 PM | 4 Likes Like |Link to Comment
  • Northern Graphite Company (H2 2014 Update) [View article]
    @Matt Geiger... What would you think Northern Graphite Corp could $earn on an annual basis from graphite sales at current commodity prices?
    Jul 23 12:20 PM | Likes Like |Link to Comment
  • Wall Street Breakfast: Saudi Stock Market, Apple Orders, Chipmaker News [View article]
    Government makes NOTHING and creates NOTHING. All they do is control the money supply and injecting it into the money supply of an economy. This increase in the money supply has a multiplier effect in the amount of money in circulation not GDP growth. When the government takes money from producers and gives it in the form of grants to non-producers it contributes nothing to GDP. This is only SPENDING through the transfer of wealth. It is not real INVESTMENT in GDP growth (ie. capital spending). You guys on the left have been brain washed by the liberal so-called news media, the leftist college professors and Democrats and many Republicans in government that have no clue how economics work. Most have an agenda of self-interest or a desire to maintain power or both.

    Government spending (ie. welfare payments)and capital spending (ie. investing in new industries) are two very different things.
    Jul 22 09:51 AM | 6 Likes Like |Link to Comment
  • IBM Deal Could Help Apple Become An Integral Part Of Enterprise Computing Infrastructure [View article]
    @Tales... Like you I think there may be shareholder value in this partnership for both Apple and IBM.

    Electronic payment systems is definitely an important application that will change the nature of how smartphones will be used by consumers in the future. I have long believed that no smartphone manufacture would be able to do this without partnerships with the banking system through the major vendors that provide the hardware that currently help them deploy the financial services used today by consumers. Retail Point of sale devices, ATMs, Teller terminals and electronic payment systems to and from financial institutions. The biggest problem keeping smartphones from contributing or changing how it is done today is hardware and software data security and the willingness of consumers to trust devices enough to change their behavior in processing financial transactions.

    When ATMs were first introduced no one would ever consider depositing checks and especially cash into an ATM. Now people do that without much thought. As of yet I do not trust smartphones to do much of anything but make phone calls and provide a way of searching and processing information while on the road. I am not willing to do anything financial on them yet other than a few stock trades on the road.

    I believe partnerships like this will be the start of how to advance smartphones to the next level of acceptance. I own Apple stock but not Apple products. Features and functionality between vendors is not significant enough to care. A secure way to process financial transactions could change that although I believe IBM and the banking system will not give Apple an exclusive on such an application. At least not for long. Apple may be first but that will not last long. I do believe the first smartphone vendor to the gate will have a chance to set the standard for the industry which will make them a major player in the space.
    Jul 17 02:11 AM | 1 Like Like |Link to Comment
  • Barrick Gold CEO Jamie Sokalsky to step down in management shakeup [View news story]
    I have been long Barrick for just one year when the wheels came off the wagon. I am new to the company's history but have followed it closely since then and decided to stay with the position to see if it will turn around. I suspect that more strategic announcements will follow if Barrick is to move the stock price higher without a change in the market price of gold. Barrick has made good moves toward shedding marginal assets and reducing operating expenses. Although the last undervalued sale of Saudi Copper assets has disappointing because it did not help improve shareholder value as the stock price showed. Perhaps some news of M&A activity can kick start the stock price after a double bottom in the chart history. I still think ABX has unrealized upside into 2015. Hopefully the management changed will signal a positive change in company strategy going forward.
    Jul 16 11:06 AM | Likes Like |Link to Comment
  • Barrick sells stake in Saudi mine at fire sale price, analysts say [View news story]
    Let's hope you are right. ABX only has so many lives left. How many time can a company screw up and still land on its feet.
    Jul 14 08:05 PM | Likes Like |Link to Comment
  • Cellceutix develops room temp stable Brilacidin [View news story]
    Frequent updates are always good for lesser known biotech start ups especially if they have potential IP. Thanks.
    Jul 14 08:52 AM | Likes Like |Link to Comment
  • KKR to enter joint bid for SAI Global [View news story]
    So we should expect a higher return on equity and shareholder value for KKR soon? I have not seen it yet. It is trading up 4% since the acquisition. This is just hot dog money. Not exactly the growth one would expect from a VC firm.
    Jul 11 09:28 AM | Likes Like |Link to Comment
  • Google to establish European venture capital fund [View news story]
    I agree with David at Imperial Beach... If the current USA government refuses to reduce taxes of foreign profits, American companies like Google and Apple flush with cash should invest their cash where the cash is made. The EU may be socialist but there is good technology created by smart capitalists over seas that need non-Socialist funding sources to help them grow their ideas. Parking the cash in the EU banking system makes no sense for American companies. VC is a better return on equity as long as the Socialist governments do not interfere with their operations. It will also serve notice to the EU countries like France that extremist socialist economic tax garbing policies will not attract venture capital.
    Jul 11 09:14 AM | Likes Like |Link to Comment
  • Samsung Blinked - Its Decision To Call Down The Quarter May Be An Indicator Of Slowing Markets [View article]
    Interesting... Since we seem to like to do smartphone reviews on seeking Alpha comments why not get into the weeds.

    Exactly what works better? Different apps of WIFI? What type of WIFI does China use? 3G or 4G? CDMA or GSM? What other phones do the Chinese have to choose from?

    Maybe you can provide more detail since some of us don't read Chinese or Korean.

    http://bit.ly/1jaXC6d
    http://bit.ly/1jaXC6e
    http://bit.ly/1jaXC6f
    Jul 8 07:16 AM | Likes Like |Link to Comment
  • Samsung Blinked - Its Decision To Call Down The Quarter May Be An Indicator Of Slowing Markets [View article]
    That is why they call them emerging markets. Growth measured from zero is always higher. At least that is what I learned is Economics 101.
    Jul 2 06:05 AM | 1 Like Like |Link to Comment
  • Samsung Blinked - Its Decision To Call Down The Quarter May Be An Indicator Of Slowing Markets [View article]
    bjnflicks... You really need to get out more. You got the $50 phone right. They will never go away any time soon. 3G on the hand will over time disappear replaced with 4G's higher throughput. Telcomm companies with phase out all 3G over time because it is too expensive to maintain both. All new towers will be 4G. They will offer smartphone contracts with two year terms for under $200 that will be lightly fast with very high resolution that will do what any Apple can do and maybe even more using Android open source and chip sets from Qualcomm, Nivida, Intel and several others. Maybe even BBRY. More features will move out of the OSs in the hardware chipsets as soon as the important features are established. Few consumers in there right mind will pay over $400 for something that they will throw away in two years unless they dropped it in the toilet by accident and had no insurance contact.

    All this talk about how Apple is greatly is over hyped. The days of high end feature rich smartphones from Apple or any other manufacture are over. I can remember when Apple issued phones with 4G on the phone but could only do 3G because they were not ready. I was in the UK watching their evening news claiming the UK consumers were outraged because the new phones did not work or were very slow compared to their old models. The real reason they didn't work was because the 4G build out happened in London and Apple was still running 3G.

    Don't misunderstand me. There are people that will pay $4500 for a pair of designer sneakers or $35000 for a designer handbag so I am sure they will pay $600 for a Apple 6s but no sane person without a two contract. No electronic device is special for more than one year. Not even Apple.
    Jun 30 09:04 PM | Likes Like |Link to Comment
  • Samsung Blinked - Its Decision To Call Down The Quarter May Be An Indicator Of Slowing Markets [View article]
    I believe there is too much going on in the smartphone market and consumers are getting weary of upgrading to new phones and devices or even entering the market until they see what shakes out from all the rumored changes coming down the pike. Multiple OSs, the flood of APPS (some open source and some proprietary), different physical sized, changes in WIFI speeds and security protocols. WIFI network service build out issues.

    Samsung is the biggest contributor to all this confusion with the introduction of its own OS. It has good products but consumers are not willing to lock themselves into a single manufacturer unless you are an Apple zealot. I am not criticizing just stating my observations both as investor and a consumer. I don't like any of them right now.

    I am long both Google and Apple but am considering adjusting my Apple position after the next series of product announcements in the fall. I am not sure what to do with Google. It is bigger the a smartphone box. I will rely on earnings growth projections and management behavior, product announcements and technical analysis to help determine my Google position.
    Jun 29 09:08 AM | 1 Like Like |Link to Comment
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