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MustangMajor

MustangMajor
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  • Squllier's Declaration Sheds Light On Bankruptcy Details For GT Advanced Technologies [View article]
    Sounds like picking a community organizer to run a large country.
    Recipe for a certain and monster train wreck.
    Oct 29, 2014. 11:18 PM | 5 Likes Like |Link to Comment
  • GT Advanced Technologies Update: Beginning Of The End For Chapter 11 Process [View article]
    The problem with that picture is that Apple has a history of contractually
    screwing it's suppliers. Either they are bought out at fire sale prices or
    they are stripped of intellectual property and abandoned as shells. Of
    course this is made more feasible when Apple can dangle personal wealth
    opportunity to greedy insiders, and given the state of business ethics these
    days it is almost a given that a BOD can be convinced to sign a Apple deal
    and feel that if the company will benefit, so shall the holder of common
    shares. A prime example is the company Liquidmetal Technologies (LQMT)
    left floundering after APPL stripped it of it's IP and tied it up legally so that
    it cannot license it's process in a product that can be monetized without
    violating the terms of the Apple sale agreement. Wall Street financiers did
    not engineer this GTAT disaster. Apple lawyers did.
    Oct 23, 2014. 01:26 PM | 2 Likes Like |Link to Comment
  • GT Advanced Technologies: What Went Wrong And What Investors Need To Know About The Bankruptcy Process [View article]
    I fail to see why you draw the conclusion the fault lies in the
    relationship between GT and Apple, given the Apple statement
    that the BK caught them by surprise. GT has four business
    segments, and not much has ever been exposed by analysts
    about the three not associated with the Apple Sapphire production.
    Why not look at contracts with other customers that may have
    defaulted on their contracts? Apple already has secured the rights
    to the patients, so do not need GT in the future. So other than the
    PR hit that would result over jobs and bringing manufacturing back
    to America, after the lawyers wring what remains of GT dry, it will
    get thrown away like a grease rag.
    Oct 9, 2014. 12:47 PM | 1 Like Like |Link to Comment
  • Molycorp: Oaktree $400MM Lifeline Is 2014's Most Expensive Loan [View article]
    You have proved once again that the value of reading SA articles
    on stocks of interest lies not in the article, but in the wisdom and
    knowledge of some of the commentary. Thank you for your input.
    Aug 31, 2014. 10:18 PM | Likes Like |Link to Comment
  • Uncertainty Still Surrounds Molycorp [View article]
    Let's be realistic. Aside from the meltdown going on with US policy
    this week vs a vs military action in the Middle East and other big
    security issues, who thinks the US will simply let MCP fail? Would
    we let China or Russia be our sole supplier? Even the Democrats
    realize the importance of REE to our defense manufactures and
    will join with the GOP to break gridlocks now that the left is waking
    up to the threat of the Islamic State . A lot of REE material is in the
    weaponry that is being expended. I think a loan or bailout from the
    Government would come very quick if needed. Also look at the
    amount held by Institutional Investors.
    Aug 31, 2014. 09:25 PM | 1 Like Like |Link to Comment
  • Molycorp - Everything Is Moving In The Right Direction For Long Investors [View article]
    Let's suppose for a minute China decides that the US is so entangled in the
    Israel/Hamas, Iraq/IS, Ukraine/Russia, Libya/al Quaeda affairs that it would
    be a good time to annex Taiwan and Senkaku Islands. Bound by treaty, the
    US attempts countermeasures that disrupt REE acquisition from China. With
    this scenario, would the US let Molycorp fail? Be purchased by a foreign
    company? I think at the National Security level, Molycorp's value as the only
    operating producer in the Americas is readily apparent. Like GM or banks,
    too important to liberals who like the comforts obtained while criticizing the
    necessary byproducts that come with them. Molibdenos Y Metales SA owns
    46,700,700 shares as of March 5, 2014, when pps was $5. The only Insider
    Transactions reported for the past TWO YEARS have been acquisitions. I may
    not know much but I know that collectively, the fund/ IH managers that hold
    45% and the Insiders and 5% owners that hold 24% of the OS have access
    to info I don't see and must therefor be smarter than me. I am buying as
    much as I can at $2 and below.
    Aug 17, 2014. 01:59 PM | 1 Like Like |Link to Comment
  • One-Time Stock Sale Boosts Arena To Profit [View article]
    Thank you for that last sentence. That is exactly what I was thinking
    when I saw the first ads and commented on them a few months back.
    At least I had the advantage of having lost so much money and was
    waiting so long for the ads to start, I was paying attention when the
    drug name was mentioned. At that hour I barely would have noticed
    a family strolling around while a voice droned the side effects ( death
    is usually my personal favorite in most of these type of ads) as a pill
    for weight loss. I look for a grossly obese (think the Family Guy,Peter)
    laying on a treadmill, unconscious, while a voice screams "lose weight
    with a SAFE Rx pill under your Doctor's care finally, cheaply, safely."
    And then you go to a dollar store or a chain pharmacy and see an ASLE
    of diet products, including pills. And since Obamacare won't pay and your
    unemployment ran out, that's how you chose. In my rural area, anyhow.
    Aug 6, 2014. 08:11 PM | Likes Like |Link to Comment
  • An End To Our Relationship With Yahoo, A New Era For Equity Research [View article]
    Good point! I also frequently skim a article because I already
    have my own opinions from my own research, then race to
    the comments where I find deep insights from old timers that
    are considerably more valuable than the author's, especially
    the authors who are shorting and write weekly to bash stocks
    for which there otherwise is little information. I have even
    followed some of these commenters back and read their past
    comments concerning other stocks as they were great teachers.
    Jul 31, 2014. 10:29 PM | 32 Likes Like |Link to Comment
  • Molycorp drop halted only briefly by positive analyst mention [View news story]
    Thanks, I really needed a good laugh.
    I lost $17K and finally bailed at 2.75.
    Jul 11, 2014. 12:33 AM | Likes Like |Link to Comment
  • Molycorp: Free Fall Halted By Positive Analyst Comments. Will A Short Squeeze Ensue? [View article]
    Short term long position? Ha ha. That's novel, but I have been
    forced into that position myself but I usually referred to it as
    "Left holding the bag." Having averaged down a truely long
    position from the giddy heights of two years ago, I pulled the
    plug on MCP at 2.75 losing about $17K in the process. I want
    that money back. My plan, temporarily thwarted, was to buy
    back in at ~1.50 or less this fall when the A/S doubles. There
    is a perfect storm brewing here in which individual common
    share holders can be trapped. Another year may go by before
    the Chinese get a handle on limiting smuggling and restricting
    export, and prices rise. Meanwhile MCP will run out of money
    and many Institutional Investors will leave the field because
    they are not allowed to hold shares in companies that are
    priced below a certain amount, usually $4 or $5. That brings
    hedge funds out in force and they are the ones who think the
    only way to make money is to manipulate stocks by shorting
    and buying an analyst now and then. I remain bullish on MCP
    and LYSCF for those who are entering the sector for the first
    time and want to start a long position as predictably, short of
    an all-out war or major economic cataclysm, these metals are
    going to remain critical to modern manufacturing needs. And
    replacing them with substitute materials has not worked out
    as some were claiming a year or so ago. But the near future
    is grim. The spurt to 1.96 today won't hold, IMO.
    Jul 10, 2014. 08:23 PM | 4 Likes Like |Link to Comment
  • Molycorp -11.7%, Seeking Alpha blog says shares worth $1.60 [View news story]
    Schock Exchange is a distort and short
    fear monger that thinks running a
    companies potential into the ground is
    way easier than searching for great
    companies that can double or triple if
    held long enough to avoid the taxes
    like the institutional investors do. He
    has no idea what MCP is worth, just
    what he wants the price to be so he can
    cover and meet his profit target.
    Jul 2, 2014. 09:43 PM | 1 Like Like |Link to Comment
  • Don't Buy Bloated Yelp On OpenTable's Buyout News [View article]
    I believe Abu Musab al-Zarqawi's group al-Qaeda in Iraq
    (now named Islamic State of Iraq and Syria, or ISIS)
    along with the armies of several countries are about to
    solve the overpopulation and unemployment problems
    in that area of the world.
    Jun 14, 2014. 07:48 PM | 1 Like Like |Link to Comment
  • Molycorp's $560 Million Intangible Assets Are Worthless [View article]
    I'm not seeing anyone mention the proposal up for
    a vote at the annual meeting to double the A/S.
    I cast my proxy vote against it and sold my shares
    at market ( under $3 ) that same day as I know
    what's coming next. It ain't gonna be a scramble
    by shorts to cover. I'll be buying back when it falls
    under $1. Meanwhile, SE is still a POS basher.
    Jun 1, 2014. 01:13 AM | 2 Likes Like |Link to Comment
  • Adding Verizon To A Conservative Income Portfolio May Be A Good Call [View article]
    You city fellers always worryn bout how much stuff costs
    when we in the hill country want to know if it works.
    When old age caught up with me, and pay phones
    disappeared, I talked to everyone I could that had cell
    phones and the consensus in our neck of the woods
    was Verizon had everyone else beat. About ten years
    have gone by, Verizon has gotten better, although more
    expensive, and the other carriers have barely improved.
    Although I pay about $230 monthly to Verizon Wireless
    as the principal in a family phone plan, I never owned
    VZ stock until I received 65 shares in the spinoff from
    the VOD buy back. I have held VOD for several years
    because it was cheaper per share to buy but paid a
    larger dividend. I have now decided to keep the VZ and
    add to it on dips. And since VOD has dipped because
    the rumors of a AT&T buyout proved untrue, I am adding
    now. I believe VOD will be the predominant company in
    Europe and can also compete in India, the dividends are
    good considering my cost basis is under $25, and it is
    flush with cash from VZ as it carefully evaluates acquisitions.
    If Warren Buffet agrees VZ is a buy, I will add to that also
    since my goal is mostly dividends.
    Jun 1, 2014. 12:39 AM | 1 Like Like |Link to Comment
  • Molycorp: The Pain... The Pain [View article]
    Having loyally stayed invested in MCP and averaged down
    from $26 in 2/12 to $11 two weeks ago, I finally threw in
    the towel and sold all but 100 shares at $2.75 when the
    last quarterly results convinced me that 1) there will be
    no SPO this time to keep the company afloat at the rate
    they are burning their cash, and 2) there is a very good
    they will double the A/S at the annual meeting and crash
    the pps to the point they will be downgraded to the OTC
    and ultimately have to file chapter 11 unless a creditor
    forces them into a Chapter 7 first. Ultimately someone,
    probably a Chinese company, will buy it, certainly the Neo
    part of it, and take it private. The present Administration
    will be no more moved to preserve it as the only REE
    processor in the US than they were to preserve the only
    lead smelter that was forced to close recently by the EPA.
    Shorting the stock now knowing the price will crash the
    day the A/S doubles is Shock Exchange's game, IMO.
    This time around, a bash article is unnecessary overkill.
    May 29, 2014. 11:03 PM | 1 Like Like |Link to Comment
COMMENTS STATS
102 Comments
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