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losbronces

losbronces
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  • Wall Street Breakfast: Must-Know News [View article]
    It will be late fall/early winter in Brazil during the 2014 WC, and the continental weather effect trumps equatorial location. You can see that average temperatures are lower in June in Rio (chart at the bottom of the page): http://bit.ly/1jvloDN

    The bad one will be when they play the WC in Qatar in 2022 in terms of high temperatures. It will be summer in Qatar and we will see 40+ degrees during some of the games. Money talks when it comes to FIFA: http://cbsprt.co/1jvlpHW
    Apr 22 10:46 AM | 2 Likes Like |Link to Comment
  • The Good ETF, Part 2 (Sort Of) [View article]
    Even a brief stab at due diligence would have revealed the potential problems with TVIX. Its right on the summary sheet: http://bit.ly/1i6Cerq, that took me less than a minute to find. And less than five minutes to read.

    Why did Steckbeck buy TVIX in the first place? He put down $50K for what exactly? A product he didn't know or understand and then he couldn't be bothered with taking five minutes to check the summary sheet. I notice Steckbeck doesn't comment on his reasons for the purchase. And he obviously took the time to do something on the Yahoo site that led him to buy shares.

    I think the author was very kind in his comments with regard to Mr. Steckbeck.
    Apr 20 11:10 AM | 3 Likes Like |Link to Comment
  • NQ Mobile misses by $0.10, beats on revenue [View news story]
    Taking a beating now. $15.07 on the ask, 14.98 on the bid.
    Apr 10 05:31 PM | Likes Like |Link to Comment
  • Tesla - 20 Key Risks That Longs Are Ignoring [View article]
    He provides this link in the article: http://bit.ly/1gQrpJJ
    Apr 10 01:48 PM | 2 Likes Like |Link to Comment
  • Nighthawk Energy Sees Triple-Digit Growth By Hitting Sweet Spots In The Denver-Julesburg Basin [View article]
    I never use market orders for OTC stocks. The regulations are not the same.

    I did finally get filled, but the process is always interesting. You won't see that kind of garbage with the major exchanges, HF guys not withstanding.
    Apr 9 11:34 AM | Likes Like |Link to Comment
  • Nighthawk Energy Sees Triple-Digit Growth By Hitting Sweet Spots In The Denver-Julesburg Basin [View article]
    Thanks. So at the moment, 20 NHEGF cost you $3.80, a significant discount (if you can get filled that is).


    Put in a bid for all the NHEGF at the ask and not filled. But bid is still showing the same shares & price. I hate OTC...
    Apr 9 10:15 AM | Likes Like |Link to Comment
  • Nighthawk Energy Sees Triple-Digit Growth By Hitting Sweet Spots In The Denver-Julesburg Basin [View article]
    I would like to know that as well. The difference now is even more pronounced with NHEGY @ $4.60 & NHEGF @ $0.19.


    So what are we buying with those?
    Apr 9 09:58 AM | Likes Like |Link to Comment
  • MannKind down premarket [View news story]
    Kills my strangle though. Big loss on both legs.
    Apr 7 10:05 AM | Likes Like |Link to Comment
  • Midday Gainers / Losers [View news story]
    The list misses (MNKD), up 77.6%...
    Apr 2 02:34 PM | Likes Like |Link to Comment
  • The Price Is Wrong: Greystone Logistics At 5X Earnings [View article]
    I can see a big advantage to plastic over wood. I have actually had delays in receiving shipments due to wood pallets being in quarantine in customs due to insects being present.

    But what are the barriers to entry? It seems like this is something that the Chinese would take on and takeover quickly.
    Apr 2 10:19 AM | Likes Like |Link to Comment
  • Streamlining BHP Billiton easier said than done, analysts say [View news story]
    Mick Davis knows BHP and has amassed over $US3.7 billion. We may have a willing buyer and a willing seller situation here.
    Apr 1 01:48 PM | Likes Like |Link to Comment
  • Wall Street Breakfast: Must-Know News [View article]
    Basically that is what happens in the five LatAm countries I've lived in , you have mercados set up that sell basics and don't collect the tax. Also, there is a lot of tax avoidance with services and domestic products. But in theory, it is regressive as its supposed to apply to everything.

    Food is excluded from sales tax in some of the states in the US too to avoid those being regressive.


    I don't like the multiple rate concept. Too much time in the legislature would be devoted to who gets breaks and who doesn't. But it would be great for political contributions.
    Apr 1 10:13 AM | 1 Like Like |Link to Comment
  • Wall Street Breakfast: Must-Know News [View article]
    I do think Carl Levin is being a bit hypocritical here as he helped establish the laws that make it all possible.


    He accepts campaign contributions and you can expect that he supports his contributors with his legislative efforts. If he did not, they would stop giving him money. 
    Apr 1 09:45 AM | 4 Likes Like |Link to Comment
  • Wall Street Breakfast: Must-Know News [View article]
    All of the LaTam countries I've lived in outside the US, have a VAT.

    Its been interesting to watch. There is significant avoidance of the tax by various sectors of the economy. A large number of tax inspectors have to be added to the group in charge of collecting the VAT to ensure that taxes are collected (or to be bribed as sometimes happens). And finally there does seem to be a fine balance between the level of taxation via a VAT and the amount of tax that is actually collected. It seems there is a "sweet spot" in terms of tax revenue; that is if its set too high less revenue is collected as more move to avoid paying it.

    A VAT is a regressive tax in my opinion. The poor spend all of their income and therefore all of their income is subject to the tax, while those who can save have a lower portion of income subject to the tax. And yet it seems very popular with everyone in governments, both left and right. Tax and spend (or tax and steal as the case may be).
    Apr 1 09:30 AM | 5 Likes Like |Link to Comment
  • Zargon Oil And Gas Is In The Bargain Bin And Ready To Take Off [View article]
    You've collected a dividend too that will be paid around the 15th of April too.
    Mar 31 10:42 AM | 2 Likes Like |Link to Comment
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