I bought 75,000 NGD
Disclaimer: If you buy NGD because of this post, the dollar will collapse, rendering your stock markets gains entirely and utterly worthless. And, you may lose money.
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WTF happened to BORN…am i the only one still holding it?
I haven’t sold a share. It’s thin and it’s Chinese.
ok good…i am planning to hold through earnings at least
Not enjoying the BORN situation. BORN and PWER. Fly’s “Twin Horsemen”
KIND up over 8% today! At least for today, someone likes it!
KNDI
I may have to up my stake in NGD. Both NGD and TX have been nice winners. Great picks on both of these.
You mean TEX?
Yes I meant TEX. Sorry for the typo.
http://www.thestreet.com/story/11000497/1/fed-issues-too-big-to-fail-criteria.html?cm_ven=RSSFeed&utm_source=feedburner&utm_medium=feed&utm_campaign=Feed%3A+tsc%2Ffeeds%2Frss%2Flatest-stories+%28TheStreet.com+Latest+Headlines%29#
If they have 50 billion in assets, then they should be fine on their own. Sell off some of the assets. If no one will buy $50 billion worth of assets, then the assets are not worth 50 billion and the criteria is not met. And what’s with requiring 50% of business related to financial services? That is the stupidest part of it all.
But looking through a fish-eye lense, the bigger picture is (to quote myself) “Too big to fail = communism!” The fact that you guys aren’t going egypt over this is sad. Are you going to wait until you are hungry? Certainly a letter to editor here and there is in order at the very least.
Yes,we will wait until we are hungry.
Mars
Live a little.
Posting from the time machine?
Okay.
I don’t go “Egupt” over silly bureaucratic exercises.
Pwer is not mine. Born us cheap
I went in on half of those long SLV options about 35 min ago thinking “I might be chasing, but this crap is craptastically bodacious” and I guess I wasn’t chasing.
Umm… if the dollar collapses, that’s only good for a gold producer like NGD. Just sayin’…
Excellent stock, though.
Um… yeaaaah? (use Valley Girl accent)
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BORN is definitely a technical play. It’s within its triangle breakout consolidation range and just bounced off the 50 DMA.
http://twitpic.com/3xr0er
Suez strikes starting:
http://english.ahram.org.eg/~/NewsContent/1/64/5231/Egypt/Politics-/Suez-Canal-workers-go-on-strike-.aspx
Protests are picking up again, as well:
http://english.ahram.org.eg/~/NewsContent/1/64/5231/Egypt/Politics-/Suez-Canal-workers-go-on-strike-.aspx
So, you could easily see UUP and GLD go up together, rather than inverse.
As long as dollar stays above 77.65,a 60 min chart inverse head/shoulders is intact.Next Volume profile composite resistance at 78.20,
Should be no problem getting above there
Possible. Market correlations sometimes stop happening– e.g. gold and dollar moving inverse to each other– effing with the heads of people who believe that the correlation is set in stone.
Dollar is dead.
Long live the Panda.
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Time for Saudi Arabia to annex the canal. Fuck Egypt.
Time for Saudi Arabia U.S.A. to annex the canal. Fuck Egypt.
There, fixt it for you.
Won’t BORN be affected by soaring corn costs? Do they have pricing power or is everyone just getting drunk and leaving their rat tunnels to gamble in Macau over there?
people gotta drink… even Chinese.
No, that was soaring porn costs. You just read it too fast.
It’s a substitution thing, if you’re familiar with the basic economics.
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Soaring corn costs have no affect when you’re cooking the books.
what are your thoughts on MOTR?
Fly sold his awhile back. With so much volume yesterday and today, I’m not inclined to keep it through earnings.