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losbronces

losbronces
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  • U.S. gas prices to drop below $3/gallon for the first time since 2010 [View news story]
    Sorry, confused Maine with Maryland (yes, its MD not MA). But gas prices in Maryland are much higher than in Virginia....
    Nov 2, 2014. 10:02 PM | Likes Like |Link to Comment
  • U.S. gas prices to drop below $3/gallon for the first time since 2010 [View news story]
    Gigem77 posted a link to a map of gasoline prices in the continental US. You can use that to compare prices. Much lower in your neighbor state of Virginia for example.
    Nov 1, 2014. 11:14 AM | Likes Like |Link to Comment
  • Argentina adopts new rules to attract oil investment [View news story]
    You have to be aware of the provincial governments there too. They have significant independence from the central government, and are perhaps even more corrupt (thats how Familia Kirchener got its start in Santa Cruz).

    As you point out, look at their recent history, not only with oil (where they went from net exporters to importers due to mismanagement) but with the gold and silver miners there. Tax stability agreements were granted, but then royalties imposed on the value of the metal less process cost, but not including shipping and refining. A big hit and the same thing as a tax.

    Then there is the problem with importing anything; you must export something at an equal or greater value. And the customs people openly ask for money to ensure that your imported equipment is not delayed (plan an extra 30 days into your schedule). I do not know how you can even began to change that culture of institutionalized corruption.
    Oct 31, 2014. 08:29 AM | Likes Like |Link to Comment
  • MannKind: What The Market's Implying, And Why It's Wrong [View article]
    I don't really think that matters at this point. The drug is approved and we'll see what happens with sales going forward. I don't think his leaving would be material at this point in the process.
    Oct 30, 2014. 01:54 PM | 2 Likes Like |Link to Comment
  • MannKind: What The Market's Implying, And Why It's Wrong [View article]
    They are indeed big pharma. They also didn't buy anything. The agreement is great for them, even the upfront money they are providing is against their share of future costs. It is a great deal for them and their risk is minimal.
    Oct 30, 2014. 01:16 PM | Likes Like |Link to Comment
  • MannKind: What The Market's Implying, And Why It's Wrong [View article]
    Under the terms of the agreement, MannKind Corporation will receive an upfront payment of $150 million and potential milestone payments of up to $775 million. The milestone payments are dependent upon specific regulatory and development targets, as well as sales thresholds. Sanofi and MannKind will share profits and losses on a global basis, with Sanofi retaining 65% and MannKind receiving 35%. Sanofi has agreed to advance to MannKind its share of the collaboration's expenses up to a limit of $175 million. Here is link to the PR that I took that from: http://on.mktw.net/1p6...

    So for $175 million, Sanofi will receive 65% of the profits and that comes as an advance of its share of cost. The additional payment only comes if Afrezzi becomes the blockbuster drug being touted. It is a great deal for Sanofi. For $175 million that they have placed at risk, they will profit handsomely from all of Mannkind's R&D and the FDA approval secured by Mannkind. The additional payments will come if the drug becomes a blockbuster and I'm sure Sanofi will be happy to make those payments. Many expected a better deal, especially after FDA approval.
    Oct 30, 2014. 12:13 PM | 3 Likes Like |Link to Comment
  • MannKind: What The Market's Implying, And Why It's Wrong [View article]
    My main doubt comes from the inability of MNKD to obtain a better deal for Afrezza marketing from big pharma. If it was a sure thing, I would think big pharma would have been all over it.
    Oct 30, 2014. 09:21 AM | 1 Like Like |Link to Comment
  • Microsoft May Have Delivered A Knockout Punch To BlackBerry [View article]
    I haven't used those models. My last BBRY was a 2012 model. So perhaps they have solved the issue with those new models.
    Oct 29, 2014. 10:17 AM | Likes Like |Link to Comment
  • Microsoft May Have Delivered A Knockout Punch To BlackBerry [View article]
    Thats odd. Its happened to everyone else that was using them in the companies I was with. It was something of a joke. At least we all knew the trick. Maybe they've improved (although I had to do the battery swap in Toronto in early 2013). I do know that I haven't seen the famous MS "blue screen of death" in a long time.

    I really like the phones due to the keyboard & real capability to do E-mail (we replaced Samsung flip phones the first time). Track ball models all had failures (try operating one with the trackball out of commission). Then Blackberry was standard issue everywhere I worked (from 1995 onward), until it was replaced with Apple at the last two companies I worked at (one Chinese in 2010 & the other Canadian in 2013). And the Canadian company ran away from Blackberry due to concerns about bankruptcy. So perception is important for business users.

    The service outages are well documented.
    Oct 29, 2014. 10:07 AM | 3 Likes Like |Link to Comment
  • Microsoft May Have Delivered A Knockout Punch To BlackBerry [View article]
    I do not think of stability when I think of Blackberry. How many times have you had to pull the battery from your Blackberry phone to reset it? I have had to do that many times when it locked up (five different models, including the horrible track ball one). I've also experienced service outages and E-mail stoppages.
    I've seen firsthand that it is not a stable platform.
    Oct 29, 2014. 09:30 AM | 7 Likes Like |Link to Comment
  • Is Petrobras Worth The Risk? [View article]
    Great recommendations on those banks.
    Oct 29, 2014. 08:26 AM | 1 Like Like |Link to Comment
  • Oil & Gas Stocks: How Far Are We In This Correction? [View article]
    Transportation stocks, or an ETF like (XTN).

    Airlines would be good, but I don't think the Ebola problem is sufficiently controlled yet (could stop some people from flying).
    Oct 28, 2014. 03:26 PM | 1 Like Like |Link to Comment
  • Home price growth cooling fast [View news story]
    Corn prices are down significantly this year on the heels of a record crop: http://bloom.bg/1xjPhzT

    Meat prices are up, but that seems more demand-related.
    Oct 28, 2014. 12:55 PM | Likes Like |Link to Comment
  • Is Petrobras Worth The Risk? [View article]
    Those do look like a better way to play a rebound.

    But we getting away from the subject of the article...
    Oct 27, 2014. 03:09 PM | Likes Like |Link to Comment
  • Is Petrobras Worth The Risk? [View article]
    Under $11 right now in PM.
    Oct 27, 2014. 09:12 AM | Likes Like |Link to Comment
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