RMBS is in a head and shoulders pattern. I will wait until August or so to load up again.... I don't think we will see a spike from a technical perspective.
You need to take out the head as it was an anomaly. Trend is still up.
Too many CNBC fans on this board.
Right, the overall trend is up, but I feel like from a technical point of view you are paying a premium. If you look at the weekly chart, rambus is right at the support line of the trend up right now. We might see a temporary trend reversal, especially if the broad market deteriorates a little bit more.
- Jan 23, 2002
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Waiting to load up and selling the entire position are two totally different things. After the shares I sold at $19 like I stated here a month ago, I still have kept my core position. After all these years, I'm not going to sell out completely to try to save a few bucks only to have something significant happen in between.
Ah I see. When he said "load up again" I interpreted that as meaning he had recently sold some amount of his position and I was wondering exactly what/how much.
This is a good read..I am on chapter5 now. Read how some people manipulated DNDN...and some of these same people are playing with one of my stocks and maybe yours too.
http://www.deepcapture.com/mic...dreon-chapter-1-of-15/
http://www.deepcapture.com/mic...dreon-chapter-1-of-15/
IHateMyJob2004
Lifer
- Sep 29, 2004
- 18,656
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Apparently it took less than 1 day for the NASDAQ oversight folks to say everything is normal and with 0 justification to boot.
Also I had no idea that naked shorts were possible on such an epic scale. I was under the impression that the number of shares of XYZ on the market was you know, controlled by the company XYZ. Might say I [naively] believed that since it's illegal, people didn't do it b/c the SEC is watching.
That said the amount of bias in that (ongoing) series of articles is through the roof. It's ridiculously sensational. Great care is taken to weave the story in a maximally mysterious and exciting manner. Like saying the people involved were A, B, C, D, and two folks who I will name later... oh how curious! Not to mention how half the names that comes up is the dirtiest person on wall street or the language used (mauled, annihilated, destroyed, wiped out, etc). While I don't doubt that something fishy is going on nor do I doubt the criminal records/affiliations of the people discussed in that article, I'm left wondering how much of it is genuine and how much is just over-ramped "Look at how evil X is! Look at all the people associated with X and how evil they are... means X is just that much more evil! They're all so evil that they put each other to shame!"
Again I'm sure there's plenty of truth in that article. But I'm left uncertain of how bad shit really is and how much of it is sensory overload from hearing about so many people, their misdeeds, and their "inbreeding" (seriously, everyone is bloodtied to everyone else, lol).
Sounds pretty scary though. But what the hell can we do besides hope/pray that we won't be negatively affected by sketchy folks?
Edit: even the title is ridiculous. 60,000 people have died of prostate cancer; dendreon wouldn't have saved all of them even if its drug had been available since day one.
Mermaidman
Diamond Member
- Sep 4, 2003
- 7,987
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I think that GMGMQ.PK is the old and new GM stock. The new GM announced that they are coming out of bankruptcy. So, the penny stock went up.
Interesting.
Warren Buffet had previous referred to an economic Pearl Harbor and that we are still at war so to speak, but he nor anyone else I've read has ever said who attacked us and who we are still fighting.
I had previously read a former European central banker's blog (sounds like he is a socialist, but doesn't necessarily mean what he said about TARP was wrong), about how JP Morgan Chase and Goldman were increasing margin requirements and issuing massive margin calls in very early September, seeming to exacerbate (cause?) the stock market collapse last September: http://londonbanker.blogspot.c...-paulson-plan-for.html
(couldn't find actual quote; I think it was in comments from one of his September postings)
No, GMGMQ has nothing to do with the new company. Pretty recently (less than 1hr?) trading of GMGMQ was halted, now that the new GM is out of bankruptcy (and will not be publicly traded for now). Anyway details on that are slim at the moment.
I'm also very confused as to what people are doing with GMGMQ common stock. It's been said again and again that after old GM gets parted out & sold to debtors, there will probably be nothing left for shareholders... but that hasn't stopped folks from buying.
What do y'all think of DHT? (Dual Hull Tankers... they own big oil tankers. surprise right?)
The stock seems pretty low right now, and might get lower still with falling oil prices/demand this summer. Their fleet is under charter from OSG, which is where DHT was spun-off from. The nearest contract expirations are in 2012 with good prospects for renewal due to their happy relationship with OSG. Beyond the contracts, if oil prices go up, their profits will too. If oil prices don't go up, my understanding is that there are companies out there who will do the 'buy low sell high' thing with crude & pay the tankers to chill out until the time is right for sale.
And there's the 0.25/share dividend rate (which amounts to 20+% yield), which seems very attractive; also seems like the contracts will continue to cover the dividends.
Am I missing something here?
The stock seems pretty low right now, and might get lower still with falling oil prices/demand this summer. Their fleet is under charter from OSG, which is where DHT was spun-off from. The nearest contract expirations are in 2012 with good prospects for renewal due to their happy relationship with OSG. Beyond the contracts, if oil prices go up, their profits will too. If oil prices don't go up, my understanding is that there are companies out there who will do the 'buy low sell high' thing with crude & pay the tankers to chill out until the time is right for sale.
And there's the 0.25/share dividend rate (which amounts to 20+% yield), which seems very attractive; also seems like the contracts will continue to cover the dividends.
Am I missing something here?
No, it can't be both. The new GM stock is going to be held by certain people (65% gov, 10% UAW, etc).
The only way GMGMQ.PK is going to be worth money is if after the old GM pays all it's debts off there is still cash then the lawsuit by shareholders against old GM will actually make money.
I am holding because I only have 100 shares and honestly at this point I'd rather save on capital gains taxes than make $100 and lose $13 to fees.
Mermaidman
Diamond Member
- Sep 4, 2003
- 7,987
- 93
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You are correct--GMGMQ is only bad GM.
It's now Monday and still no trading for GMGMQ. Is it finally dead? The people who bought it on Friday are FUBAR'd--They could've gained up to 30%! Seems like the stock was mis-handled because of the way it was traded and then stopped.
- Jun 10, 2004
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Originally posted by: eLiu
Originally posted by: MrYogi
Originally posted by: eLiu
Huh? secret code language? lol no one has mentioned DNDN in at least 2 wks
Anyway I followed JS80 into more rmbs... so c'mon court decisions!
Hehehe. I loaded up on RMBS options on Friday. I did not know Azurik meant DNDN
Yup. I kinda think Azurik is joking since RMBS didn't go up $1 or at all. But if the upcoming hearing goes well, it'll be good for us.
NVDA is owning RMBS in regards to patents...
- Jan 23, 2002
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Originally posted by: Spartan Niner
Originally posted by: eLiu
Originally posted by: MrYogi
Originally posted by: eLiu
Huh? secret code language? lol no one has mentioned DNDN in at least 2 wks
Anyway I followed JS80 into more rmbs... so c'mon court decisions!
Hehehe. I loaded up on RMBS options on Friday. I did not know Azurik meant DNDN
Yup. I kinda think Azurik is joking since RMBS didn't go up $1 or at all. But if the upcoming hearing goes well, it'll be good for us.
NVDA is owning RMBS in regards to patents...
More like desperately trying to sound like they are winning, it amuses me how companies can twist words to their benefit.
When a company asks the Patent Trademark Office (PTO) to review another company's patents, it is standard AND customary to initially reject the claims of the patents until the patent holder replies with further details. In the mean time, the company's (in this case Rambus') patents are assumed valid for all purposes. Oh, and why didn't they mention no company has ever lost patents in the history of these reviews and that the review cycle normally takes years and years to come to a "final" decision.
Samsung, Micron, Hynix and Nanya all have challenged Rambus' patents in a similiar manner and nothing has come out of it. Nvidea is the only one tooting every single rejection to the press like they're winning.
They're not. The International Trade Commission (ITC) and the commission's judge have unanimously favored Rambus' in it's patent claim definition. This is called the Markmen part of the trial and probably the most important aspect. They are losing and if the trial holds in a couple months they are screwed.
just as expected, hgsi was downgraded by USB few days ago. For those that have read the deep capture article, you will know that both Lazard and USB belong to the same network of illegal naked shorts, both shorted DNDN and got burned. Anyway, phase 3 result for their Lupus drug will come up next Monday, buy some now while it's still cheap. The risk and reward ratio is too great to ignore this play. I am ALL-IN already.
USB is a terribly small player in CAPM. Illegal naked shorts, these are simply claims you can not make. There is no reason why any broker/dealer ibank would need to illegally short they have access to all their clients shares on margin that aren't already shorted and also all ECN shares that aren't already shorted. This is a preposterous post with no merit.
crying?
I think I'll just sit and see if maybe my 17 calls come into the money; seems unlikely but I don't have very much left to lose, lol.
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