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gmmpa

gmmpa
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  • Vale hits decade lows as Brazil stock rout worsens [View news story]
    The is nothing wrong with Brazil accept the inept corrupt Socialist government. Brazil had a chance to fix it in last year's election cycle and failed. Elections matter and 150 million Brazilian people are paying the price. Unfortunately, so are those of us that thought they would figure it out sooner than later. A decade low is not the time to sell. Long VALE and CIG and will wait it out.
    Jul 24, 2015. 08:07 PM | 11 Likes Like |Link to Comment
  • Why Microsoft And Google Couldn't Emulate The Apple Mobile Device Model [View article]
    "Why Microsoft And Google Couldn't Emulate The Apple Mobile Device Model".

    To this I say who cares? Android is here to stay. Microsoft in the past has never led in anything and through constantly chipping away at the leaders has always been a player. They didn't invent anything... not PC networking, Word processing, the GUI windows interface, Spreading sheets, Ethernet, email, or even the Internet Browser. They were late to recognize the Internet and Cloud computing. They didn't invent smartphones, the tablet, or even voice to computer browser interface. They still have 1.25 billion Windows PC worldwide and growing.

    10 years from now Google and Microsoft will still be players in computers, information delivery, computer processing and personal and business productivity. Where would Apple be if they had no competition to push them to innovate? More importantly where would the public be without free market competition?

    I am still long Apple, Google. I have not owned Microsoft stock since the later 90s. Do not own any Apple devices accept a second generation iPod. I am a Microsoft PC O/S user since 1988 but only after they perfected their latest releases and never stood in line for the latest Groupie devices from Apple.

    For me Android Smartphones and Tablets are very useful devices and the hardware and software APPs are getting better with each passing day. I can hardly keep up.

    Then again I am only one of 2 or 4 billion users of the targeted market share up for grabs. What do I know?
    Jul 9, 2015. 12:24 PM | 1 Like Like |Link to Comment
  • Zambia to roll back copper mining taxes [View news story]
    Governments are run by stupid greedy politicians that do not understand the risk:reward costs of capital investment. They do not service the best interests of their workers or their country. There is a point when companies should just walk away. Barrick gold should understand this more than most mining companies given their past investment history.
    Jun 25, 2015. 06:57 AM | 1 Like Like |Link to Comment
  • Reuters: Mick Davis' X2 out as bidder for Barrick Chile copper mine [View news story]
    Listen up mining Companies. Barrick's loss is your gain. Everything at Barrick is on sale today at pennies on the dollar! Buy 'em up while the commodity prices are really low. Contact Barrick management on Craiglist if you are interested.

    I think Barrick management should save themselves the time and problem. They should just sell the company to someone that knows what they are doing.
    Jun 18, 2015. 09:46 AM | 1 Like Like |Link to Comment
  • Barrick Gold Sells Its Australian Cowal Mine To Evolution Mining For $550 Million In Cash [View article]
    I hope this decision is not another in a long string of bad management decisions. Truly we will see what the market thinks about it next month. Selling good assets in a depressed commodity market to reduce debt in a period of low interest rates sounds counter intuitive. I hope the Barrick CFO has a sharp pencil.
    May 25, 2015. 11:29 AM | 1 Like Like |Link to Comment
  • Google starting road tests for self-driving car prototypes [View news story]
    Thanks for the links... Here is another good link and reason why Google and American innovation must stay ahead of the curve: http://bit.ly/1Fm82cd
    May 17, 2015. 12:43 PM | Likes Like |Link to Comment
  • Google starting road tests for self-driving car prototypes [View news story]
    Good comment. The down side is government's insistence in heavy involvement is everything that moves on wheels both as a source of tax and fee revenues and controlling design and innovation in the name of safety and energy efficiency.
    May 17, 2015. 12:27 PM | Likes Like |Link to Comment
  • Google starting road tests for self-driving car prototypes [View news story]
    None of these comments so far are constructive. I personally love to drive for pleasure. I love to drive classic cars and old technolgy. I also love to drive fast on the open road when traffic is light. That said I think this technology should continue to be developed and the government should stay away and let the private sector and free market perfect it.

    I can see applications where it could be very useful for long haul trucking, long distance commuting and travel. Site seeing tours via bus or van. Touring and travel via RV. Handicapped personal transport. Years ago I had a handicaps employee that was wheelchair bound with MS. He had to pay someone to drive him to the office daily in his own van. Later he tried to setup his van to be driven using all hand controls. It was too hard for him to master. Public transportation is not always practical.

    I do have some concerns. Not all of us live in sunny California. I live in the northeast. How does Google plan to handle freezing weather, ice and snow? What about road construction, detours, school zones, road closures, funeral columns that do not pay attention to traffic rules? Police and ambulance traffic?

    I am long Google and have no problem with R&D spending. I am also long Apple. I would not have a problem with an iCar down the road. Pun intended. Has anyone copyrighted the name it yet?
    May 15, 2015. 10:30 PM | 3 Likes Like |Link to Comment
  • BioTime - Not Just Another Biotechnology Company - But Is That Good Or Bad? [View article]
    My biggest concern is BioTime's cash position and burn rate. I believe stock price dilution is in their future. I am not sure anyone should commit even 1% of their portfolio. Biotime is another Biotech lottery ticket. More should be written about the science behold their patients to help game their potential.
    May 7, 2015. 09:36 PM | 1 Like Like |Link to Comment
  • What Companies Won't Win The Mobile Wallet Wars And Why [View article]
    Online payment processing or payment settlement is necessary for Internet shopping and electronic money transfers between parties. The type of Browsers, or OSs are even various hardware devices are not as critical as transaction security. Communications protocols standards take care of differences between devices just fine.

    As for what service to use that is the trouble. I currently use PAYPAL whenever it is available for retail electronic payment settlement both domestically and internationally. The biggest reason why is that I like to keep all my payment sources/options stored in one place that is not my main banks, merchant, my credit card company or brokers. I like to use debit cards, and VISA/Matercard/AXP cards all stored safely in one place. I want all my Payment history for every transaction available for years to review when needed in one place. I hate it when a retailer wants me to reenter my credit card information for payment settlement with them. Amazon is close but it is a limited retailer. I would prefer to use a PAYPAL option every time it is offered because it is a separate banking entity and not my bank. I would even make more political contributions to candidates if they did not ask me for personnel financial information each time. Few offer this option. Only the smart ones do.

    Regarding smartphone Apps I do not use them yet. I think hardware and wireless security still needs some more work. However I like the idea of not only making payments but also receiving funds from any financial source in a separate commerce account at PAYPAL without signing up as a credit card bank merchant at my primary credit card banking institution.
    May 6, 2015. 12:00 AM | Likes Like |Link to Comment
  • Barrick Gold's Transformation Continues [View article]
    So what is the reason for your negative comment? You are positioned well as a hedge against future inflation, geopolitical instability as well as future growth from your basis?
    Apr 28, 2015. 11:25 AM | Likes Like |Link to Comment
  • Barrick Gold's Transformation Continues [View article]
    My take on your comment is that you really, really hate Barrick. You are either carrying a very large short position for a company that is showing signs of recovery or just wasting everyone's time posting emotional experiences of your past losses. This company has your losses already baked into the price.

    This is why markets exist. I think I will take to other side of this trade. Emotion is not a good quality for investors or traders.
    Apr 28, 2015. 10:00 AM | Likes Like |Link to Comment
  • Newmont Mining glows in another day of losses among gold miners [View news story]
    And what geopolitical or economic event will happen in the next 5 years to support your prediction? Why sliver and not gold?
    Apr 25, 2015. 12:22 AM | 1 Like Like |Link to Comment
  • What Does Google Need For Mobile? [View article]
    Another Apple groupie that wants to tell the world he owns and like more Apple's products than Apple's stock. I say good for him. As an AppL and Googl long we need more of these guys to move our personal net worth bar :-)
    Apr 17, 2015. 12:07 AM | 4 Likes Like |Link to Comment
  • EU announces antitrust charges against Google [View news story]
    Information is the mother's milk of Freedom! Governments and especially EU bureaucrats need to keep their oppressive communist, socialist hands off Google and every other company and entity that contributes to what makes up this thing called the INTERNET. It is one of the greatest information sources developed by humankind worldwide and has done more good than bad for billions of users across the global. Just put it out there and give the people the freedom to sort out and decide what is good or bad, true or false, useful or useless, moral or immoral. Don't block anything. Don't regulate anything. Just leave it alone.

    Google is just one player in the game. It has a greater percentage of market's share because it give users a greater percentage of what users seek. The EU and governments want to control the information and narrative to suppress freedom and maintain their power over the people. It is the control of information that is the ultimate weapon against mankind.
    Apr 16, 2015. 11:18 PM | 2 Likes Like |Link to Comment
COMMENTS STATS
608 Comments
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