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  • A Clearwire Update: Bankruptcy And Default As Clearwire's Ace In The Hole  [View article]
    You are overlooking the fraud, that I mentioned, the collusion of the CLWR BOD with S against the best interests of the minority shareholders. That, and the fact the spectrum that CLWR controls is worth a lot more than what either S or DISH is offering for all of CLWR. Clearly Verizon was offering $1Billion to $1.5Billion for a small percentage of CLWR spectrum, versus less than $2.5Billion S and DISH bids for ALL of CLWR. That is going to be a long court battle over true value, and the only way to solve the problem is free and unfettered (unfettered by bogus agreements and contracts with S) public auction of CLWR controlled spectrum.
    Apr 16, 2013. 05:17 PM | Likes Like |Link to Comment
  • BlackBerry: Z10 Margins Are Higher Than You Think  [View article]
    Because this is an investment website, not a BBRY fansite. AAPL is the better investment. BBRY sold a million Z10s first quarter, AAPL sells a million iPhones every 3 days.
    Apr 16, 2013. 11:34 AM | Likes Like |Link to Comment
  • Gold's Epic Plunge Should Cause Reflection On Why You Own It  [View article]
    Gold is an insurance bet, for those times, when all else fails.
    Apr 16, 2013. 06:50 AM | Likes Like |Link to Comment
  • "This may be the correction gold needs," Jim Rogers says, but it hasn't dropped enough yet for him to be a buyer. Rogers sees four factors behind gold's selloff: India hiked its gold import tax rate by 50% to 6% at the start of the year, curbing demand; Cyprus possibly needing to sell gold to pay its debts; chart analysis; and Bitcoin's collapse, "since most of them also own gold."  [View news story]
    India's taxing of gold didn't curb demand. It just increased smuggling of gold into India. Since smuggled gold is illegal, there are no available statistics to gauge its sales in India now. Cyprus' gold stock is about half a day's world demand for gold. Bitcoin and its collapse has nothing to do with gold.

    As far as I'm concerned the lower the price of gold goes, the better for me to buy a lot more gold.
    Apr 16, 2013. 06:49 AM | Likes Like |Link to Comment
  • In response to the spike in volatility, CME Group (CME) says it's raising collateral requirements for trading in benchmark gold, silver and other precious metals futures contracts, effective at the close of business Tuesday. Margins to trade Comex 100-troy ounce gold futures will be increased by 19%, silver will increase 18%, palladium 14% and platinum by 19%. Natural-gas futures will also increase 5.6% as well.  [View news story]
    Less margin trading, less air in commodity prices. All good.
    Apr 15, 2013. 11:47 PM | 1 Like Like |Link to Comment
  • Gold Is Worth $370 An Ounce  [View article]
    It would be nice to see gold go to $370. I could buy so much more of it then
    Apr 15, 2013. 09:40 PM | Likes Like |Link to Comment
  • Sprint Board of Directors to Evaluate Unsolicited Proposal From DISH Network Corp. 
    Seems that both S and CLWR are in play, as more and more people are noticing the true value of spectrum.
    Apr 15, 2013. 06:14 PM | Likes Like
  • Can Gold Plummet To $400/Ounce?  [View article]
    I hope so. Then I can buy a whole lot more of it.
    Apr 15, 2013. 06:01 PM | Likes Like |Link to Comment
  • Gold: I Hate To Say I Told You So ... But I Told You So  [View article]
    LOL! Gold is an insurance bet. Every intelligent rich person keeps at least 5% of their wealth in gold. That won't change, unless, of course, the price of gold goes down, and it appears prudent to buy more.

    Are the governments and monetary authorities of the world being prudent? I think not.
    Apr 15, 2013. 05:57 PM | Likes Like |Link to Comment
  • BlackBerry's Stock Price Manipulated  [View article]
    What customer is that? Another phony large order rumor?
    Apr 15, 2013. 05:48 PM | 1 Like Like |Link to Comment
  • Verizon Wireless (VZ, VOD) was the company that offered $1B-$1.5B for some of Clearwire's (CLWR -2.8%) spectrum, the WSJ reports. Meanwhile, Dish (DISH -6.4%) says it hasn't formally withdrawn its $3.30/share offer for Clearwire, but would honor Sprint's (S +14.9%) $2.97/share offer. Naturally, Dish touts the potential of a Sprint merger to enable triple/quad-play bundles - a recent Consumer Reports survey drove highlighted their popularity. CEO Charlie Ergen also talks up the implications of soaring mobile data usage, and compares Dish's strategy to a Seinfeld episode where everything comes together in the last 2 minutes.  [View news story]
    If Verison Wireless was offering $1B - 41.5B for just some of CLWR's spectrum, then how can S abd DISH justify their slow ball offers for all of CLWR?
    Apr 15, 2013. 12:06 PM | Likes Like |Link to Comment
  • BlackBerry's Stock Price Manipulated  [View article]
    Here's a good reason to not be long BBRY: BBRY solid a million Z10s. AAPL sells that many iPhones every 3 days.
    Apr 15, 2013. 07:40 AM | Likes Like |Link to Comment
  • BlackBerry: Z10 Margins Are Higher Than You Think  [View article]
    Well fine, and Thorsten Heins is in a position to give us actual numbers of sales and returns on the Z10. If he wanted to "refute" the stories, then he could easily do so right now. Why didn't he, and doesn't he, do that? The indignant attitude, the filing of complaints, the calling out of lawyers, all appears to be a cover up to buy time hoping sales increase before this comes to court.
    Apr 15, 2013. 01:37 AM | Likes Like |Link to Comment
  • A Clearwire Update: Bankruptcy And Default As Clearwire's Ace In The Hole  [View article]
    There seems to be evidence of S and the CLWR BOD collusion, against the best interests of CLWR shareholders. A hanging offense, in my book.

    In a CLWR bankruptcy, spectrum would be auctioned off to the highest bidder. DISH and the other debt holders would get no preference to acquire spectrum. A free and unfettered auction of CLWR assets would result in enough income to pay off all debts and still pay shareholders more than S is offering, based on recent private sales of spectrum.

    Seems unlikely that CFIUS would OK the S/Sofbank deal, giving a foreign company control of that much USA spectrum.
    Apr 14, 2013. 11:42 PM | Likes Like |Link to Comment
  • The Fundamentals Don't Matter Anymore  [View article]
    Fundamentals still matter. They'll just hurt more later.
    Apr 14, 2013. 09:50 PM | 4 Likes Like |Link to Comment