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emburns

emburns
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  • A federal court denies Samsung's (SSNLF.PK) request for an immediate stay on the injunction placed on the Galaxy Tab 10.1 at Apple's (AAPL) request. The denial isn't a major problem for Samsung, given the 10.1's limited U.S. sales, but one for the ban on the Galaxy Nexus would be. Google (GOOG) is working on a software update for the Nexus to sidestep the ban, one that would eliminate its local search feature. This feature has long been implemented by countless other phones and PC apps. Update: A stay on the Galaxy Nexus ban has been granted.  [View news story]
    Once the galaxy tab gets approval I'm selling my iPad 3 on eBay.. This patent trolling is ridiculous
    Jul 6, 2012. 04:35 PM | 2 Likes Like |Link to Comment
  • Chipotle Mexican Grill: The Threat Of Taco Bell's 'Cantina Bell' Menu Is Overblown [View article]
    I too was a frequent customer of Chipotle - In NVA, the local chipotle was pretty much filled once a week with our graduating class. Fast forward after college, I have been to a Chipotle maybe once in the past year - I can't remember.

    I think this is a common trend.
    Jun 28, 2012. 01:04 PM | 2 Likes Like |Link to Comment
  • How Will Apple Bulls Spin This? [View article]
    I only took the time to read the first 50 comments or so.. but to Rocco's credit - he is spot on. The emotion and fervor from AAPL permabulls is astounding.
    Apr 30, 2012. 11:24 AM | 2 Likes Like |Link to Comment
  • One of the auto industry's most closely guarded secrets - the big cost of batteries for electric cars - has spilled out, as Ford (F) CEO Alan Mulally indicates battery packs for its Focus electric car costs $12K-$15K apiece. Ford is currently promoting its new $39,200 Focus EV, with a 23 kilowatt-hour battery pack.  [View news story]
    Old news.
    Apr 17, 2012. 04:53 PM | 2 Likes Like |Link to Comment
  • Sunday evening action sees the slide in the Nikkei moving into a 5th day, -1.5%. S&P 500 futures -1.2%, though nearly all of the move occurred Friday morning in the minutes following the weak payroll report. German Dax futures -1.7%. Gold +0.8% to $1,642. WTI crude -1.1% to $102.22.  [View news story]
    Well, there goes the party.
    Apr 8, 2012. 10:05 PM | 2 Likes Like |Link to Comment
  • 1% Of The 1% For Tesla [View article]
    Stories like this is what excites me about investing in the market.
    Mar 27, 2012. 09:13 AM | 2 Likes Like |Link to Comment
  • According to projections, earnings season - which begins in just a few weeks - is shaping up to be one of the worst since the financial crisis began. Projections for Q1 earnings growth are running as low as 0.5%, according to Standard & Poor's/Capital IQ. And that's coming off a mediocre Q4, where most of the earnings beats came off drastically lowered expectations.  [View news story]
    I thought I was on zerohedge for a second...
    Mar 19, 2012. 09:23 PM | 2 Likes Like |Link to Comment
  • 5 Terrifying Charts Driving Me To Gold [View article]
    Look at physical platinum as well. Massively undervalued compared to historical ratios to gold as of now.
    Dec 8, 2011. 11:07 AM | 2 Likes Like |Link to Comment
  • How The U.S. Is Quickly Becoming A Third World Country (Part 1) [View article]
    If I was given the opportunity by God to chose which country I was destined to live in "poverty" - I would chose the United States of America.


    How many of the poor and downtrodden have a TV..cable television...air conditioning? The Heritage Foundation in a recent article finds that "Ninety-six percent of poor parents stated that their children were never hungry during the year because they couldn’t food."

    America is not heading towards a Third World Country. People continue to open businesses, obtain college degrees and live a normal life - those who chose not to work hard should be left behind.
    Nov 22, 2011. 11:30 AM | 2 Likes Like |Link to Comment
  • Last night's 60 Minutes report revealed the startling frequency members of Congress use inside information for personal financial gain. Apparently it's all legal, even this: After receiving secret briefings from Bernanke and Treasury Secretary Paulson as the financial collapse unfolded in Sept. 2008, Rep. Spencer Bachus shorted the market and shorted GE four times. Throw Them All Out, Peter Schweizer says.  [View news story]
    That was the exact point I was trying to make... I should have spent more time in my post.
    Nov 16, 2011. 08:35 AM | 2 Likes Like |Link to Comment
  • Last night's 60 Minutes report revealed the startling frequency members of Congress use inside information for personal financial gain. Apparently it's all legal, even this: After receiving secret briefings from Bernanke and Treasury Secretary Paulson as the financial collapse unfolded in Sept. 2008, Rep. Spencer Bachus shorted the market and shorted GE four times. Throw Them All Out, Peter Schweizer says.  [View news story]
    Call me a realist... The thing about money is that it will make you do things you never thought you would.
    Nov 15, 2011. 06:28 PM | 2 Likes Like |Link to Comment
  • A group that sparked the initial Occupy Wall Street movement, Adbusters, is calling for a global 1% "Robin Hood" tax on financial transactions and currency trades in advance of the G-20 summit slated for France in early November. The rant: "We want you to slow down some of that $1.3T easy money that's sloshing around the global casino each day."  [View news story]
    That is the most ridiculous statement I have ever heard.
    Oct 24, 2011. 03:10 PM | 2 Likes Like |Link to Comment
  • Horrid Action In Chinese Stocks, Even Baidu [View article]
    What could fix this all? BIDU's board authorizes a buyback tomorrow morning.
    Sep 29, 2011. 02:42 PM | 2 Likes Like |Link to Comment
  • Congress seeks debt solution, Obama goes to public [View article]
    How can you claim that it is not good for the working class man? If anything it serves the interest of the middle class.

    I'm going to quote the Nobel Laureate professor, Walter Williams.

    " 41 percent of the American population, or 121 million Americans, were completely outside the federal income tax system. These Americans pay no federal income tax either because their incomes are too low or they have higher income but credits, deductions and exemptions that relieve them of tax liability. This lack of income tax liability stands in stark contrast to the top 10 percent of earners, those households earning an average of $366,400 in 2006, who paid about 73 percent of federal income taxes. The top 25 percent paid 86 percent. The bottom 50 percent of taxpayers paid less than 4 percent of federal income taxes collected."

    The top 25 percent fall in the range of earning in the range of $80-$100k. That is not rich, that is middle class suburbs of any major city. I will admit that this is a self-serving system. It is in the interest of man trying to build a life for himself. Why should he labor to for his downtrodden brother? Why should he have to bear the cost of someone unwilling to produce? His voice should count more. I don't see how you don't agree from this from an economic view (Let alone an ethical). It is that the producing middle and upper classes of America should have their interests served by electing those who share common economic goals. What you and the mass of uneducated voters propose is just the continuity of the spending and the survival of the welfare state.
    Jul 17, 2011. 08:14 AM | 2 Likes Like |Link to Comment
  • Congress seeks debt solution, Obama goes to public [View article]
    Voters should be given a proportionate number of ballots based on their taxable income. Those who have a greater financial stake in the direction of the country should have a greater voice. Is it no different than shareholder rights? Why should those who contribute most to our government be forced to pay the mistakes due to an uninformed majority?

    Atlas Shrugged people.
    Jul 16, 2011. 07:45 PM | 2 Likes Like |Link to Comment
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