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  • LightWave Logic: Ushering In a New Era of Data Communications [View article]
    I gave up on LWLG and ended my position DEC 2013. Only hope for lightwave at that time was to start manufacturing transceivers using their optical polymer with better transmission properties than glass fiber and partner or hope to get acquired by someone that is interested in the IP. Cash position last I heard they had about 10 months of cash on hand. They had no earnings and no prospects beyond that. Price has increase 14% since I ended my position. 3 days of high volume does not change my feelings on Lightwave. I do hope they succeed but have heard nothing that would warrant reentering the position.
    Jun 21 08:09 PM | Likes Like |Link to Comment
  • Barrick Gold unit is accused of bribery in Tanzania [View news story]
    Give me a break! Bribery is the cost of business in banana republics. Everyone knows that. Give me news that is relevant.
    Jun 19 10:23 AM | 2 Likes Like |Link to Comment
  • A Golden Short-Term Opportunity With Barrick Gold [View article]
    You may be right however ABX could be a long term double and worth the wait. Other gold miners have a higher production cost and are more tied to the market price of gold. Barrick needs to decide on its strategic direction which is not tied to current gold prices. Its mining assets have above average value when the market turns.

    Regardless, I believe the price of gold and silver will go higher long term because the central banks of the world are playing with fire with their monetary policy trying to manipulate their economies high. Economic data reporting reflects their political agenda. It is artificial and cannot be trusted. Interference with free markets is never a good idea. That is why a large part of my portfolio is in silver EFTs and beaten down gold miners like ABX. They will rise quickly when the artificially low interest rate environment goes away and the markets reflect the outcomes of their bad behavior.
    Jun 19 08:18 AM | Likes Like |Link to Comment
  • Elephant Talk: An Explosive Revenue Growth Story With Bullish Technicals [View article]
    The problem with ETAK is not its chart. Technical analysis of this stock has only limited value. It is the company's internal governance and accounting practices that are in question. Investors need to have confidence in the management of the company which is not directly reflected in the chart. Negative news on internal accounting issues does not bode well with investors.

    As far as an entry point for this stock... a good safe point is under a dollar until the company can behave normally. Earnings reports should show consistent progress towards growth without negative news on its capital stock through surprises such as execution of large blocks of warrants, stock options and grants that have a delusive effect on stock price.
    Jun 19 07:49 AM | Likes Like |Link to Comment
  • A Golden Short-Term Opportunity With Barrick Gold [View article]
    "The main idea behind the gold-oil relation is the one which suggests that prices of crude oil partly account for inflation. Increases in the price of oil result in increased prices of gasoline which is derived from oil. If gasoline is more expensive, than it’s more costly to transport goods and their prices go up. The final result is an increased price level – in other words, inflation. The second part of the causal link is the fact that precious metals tend to appreciate with inflation rising (in the current – fiat – monetary environment). So, an increase in the price of crude oil can, eventually, translate into higher precious metals prices."


    Regarding the middle east events...That is why we all invest in gold and gold mining to begin with. If the fire in the middle east spreads and becomes WW III then that could be a different story.

    I don't expect anything to come of the China news. China's contribution to Barrick is only new investment capital which Barrick sorely needs to expand operations. I don't think that will benefit ABX stockholders much unless it is a partnership to help them mine gold in China or somewhere they have mineral rights with good potential.
    Jun 18 09:09 AM | Likes Like |Link to Comment
  • A Golden Short-Term Opportunity With Barrick Gold [View article]
    David I agree with your summary, however, I think all this is discounted into the price of ABX and it will take something more to move the price of the stock higher in the short term. Sokalsky is an unproven CEO. I have not read any news reports on his vision for Barrick other than cutting costs which is really Munk's exit strategy. He could not do an M&A deal with NewMont.

    Barrick is already testing its lows a second time. It seems to me it has nowhere else to go but up if Sokalsky does nothing. About the only thing I can see that may help is a few quarters of good earnings and returning the dividend payout to back to original levels to give confidence to investors that Barrick is back in the game as a player. Currently Barrick is a broken company. It destroyed $billions in shareholder value is Pascua Lama and came up empty. The stock price will rise when that perception changes. Perhaps that is the purpose of your article.
    Jun 18 06:42 AM | 2 Likes Like |Link to Comment
  • Terrorism In Iraq And Turkey: How To Trade It [View article]
    So what's news about that? The Clintons in the US went from being in debt to a net worth over $100 millions in just a few short years. They were not even in power. Almost every Senator in congress is a millionaire. The longer they are there the richer they get. This despite the fact their annual pay is just under $200,000. Hell... Putin and his boys in Russia are all billionaires since they gained power.

    Tell us something about the Turkish economy or its politics that can help us investors decide where to put our money. Are you saying the government there is corrupt and the Turkish economy sucks some stay away from Turkey? Since you are so close to the politics what is your prediction about the current Iraq and Syrian conflict as it relates to the Turkish economy. This is the point of this article. Nothing else matters unless you have family there or you are planning a trip to Turkey any time soon.
    Jun 16 12:47 PM | Likes Like |Link to Comment
  • Big Oil Under Serious Threat [View article]
    This article is not about fossil fuels or CO2 in the air. It is not about science or the scientific method. It is the politics of population and economic control by a progressive class of statists that think that the population of the world needs guidance by THEM in capital letters and not GOD in capital letters. This is nothing new. It has been around for hundreds of years. This has been fostered by economic globalization and improvements in world communication enabled by the Internet.

    This whole movement has been encouraged by another class of people in the political class that see this as an opportunity to gain control over the natural rights and freedoms of people and at the same time get rich with the help of useful idiots. The progressives.

    It is just history repeating itself. It will end the same way when the people have had enough if it continues to gain "consensus". If you don't know what that results is re-read the history of the world and be enlightened.
    Jun 16 08:48 AM | 4 Likes Like |Link to Comment
  • Google: Bringing Satellite Internet To The World [View article]
    Between the sexes or alone?
    Jun 15 02:11 PM | Likes Like |Link to Comment
  • Big Oil Under Serious Threat [View article]
    Thanks for the advise... Enlightenment is bliss. Please send me some of the drugs you are taking so I too can be at peace with the world.
    Jun 15 09:07 AM | 1 Like Like |Link to Comment
  • Terrorism In Iraq And Turkey: How To Trade It [View article]
    Both your comment and the author's references to Christians in Turkey makes little sense and provides nothing important to why investors should do anything new with their portfolios. The most meaningful information is that the ISIS ceased the Turkish embassy in Iraq which I did not read in the American news.

    I am long TUR ETF up 18% to date. A better way to play this conflict is to increase your holdings in oil and oil service stocks particularly domestic ones. If the conflict escalates the price of crude will continue to go up as it already is doing. A secondary option is to buy into companies like United Technologies which sell Blackhawk helicopters to Turkey. I am not sure what defense companies supply missiles and bombs to the US military. I suspect sales for those companies will be brisk in the coming months should the conflict spread throughout the middle east as I am sure it will should Obama continues to vote present from the oval office. Maybe we will get new directions from the 19th hole after Obama consults with Biden this weekend.
    Jun 15 08:10 AM | 2 Likes Like |Link to Comment
  • Wanting to see the money up front, Credit Suisse prefers Rio Tinto to Vale [View news story]
    It seems to me that if Vale can maintain its current 6% yield while it is still trading near its 52 week lows the longs can afford to wait it out until two new US steel plants come on long next year. The USA steel industry will recover soon enough even before the Obama administration takes its long awaited hike. All the political signs are there.

    Vale is the second largest mining company in the world behind BHP. I just cannot see their management waiting around for China's sales to pick up without making new catalysts toward future growth. Most analysts including Credit Suisse are historians not predictors of future economic and business cycle trends. Vale has much more upside than down and the 6% yield is a good parking lot for some of my money especially when inflation starts to show its ugly head.

    Why would you buy Rio Tino at a current PE of 26 and a 4% yield? Isn't the rule Buy Low sell High?
    Jun 15 03:49 AM | Likes Like |Link to Comment
  • Big Oil Under Serious Threat [View article]
    Stockdunn... Last time I checked we have not figured out how to govern ourselves or eliminate world poverty, famine, warfare, the bomb, cancer, racism or equality between races and genders. As far as I know there has been no second coming of a messiah so who do you propose we go to help control the weather? If we ARE the solution. Let's take a vote to see what is the most important problem in need of a solution. How about you organize a worldwide election for all mankind to cast there ballots. We cannot do that either.
    Jun 13 07:40 PM | 3 Likes Like |Link to Comment
  • Geron: A Likely Short Squeeze [View article]
    So what are you going to do when it gets to $5?
    Jun 12 01:14 PM | Likes Like |Link to Comment
  • Partial clinical hold lifted at Mayo Clinic trial [View news story]
    I added to my GERN position after it cashed and burned when the hold was placed. Hopefully I was not wrong. Here we go again...
    Jun 12 08:43 AM | 1 Like Like |Link to Comment