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in reply to: Sell Recommendation/Category Changes (Sep. '13) #14579
Well, another problem is,
is this going to be an ongoing
problem for micro-cap stocks?The overfunding of index funds,
and the very low or zero commission trading of stocks, that doesn’t leave a lot of wiggle room for market-making in neglect issues.That becomes a kind of patronage system: either you’re on the list
or you’re not. Frighteningly, that
seems intrinsic to suiting
non-financial and non-economic
interests, even though it is pretended to be otherwise, and
even has an appearance of such,
in the short-term.Anyway, the other problem before
us, is also, the question of,
which stock is going to do this next?.Some things are simply unknowns.
And the discounts
and lack of interest
yawn wider
as a consequence.Maybe, circle the wagons
around fewer issues.in reply to: Sell Recommendation/Category Changes (Sep. '13) #14577I don’t own the stock,
however, it looks as if
they have set the plan,
that they had previously
proposed, for official
vote.a 1 for 8000 reverse split:
a (presumably) forced buyout
of fractional shareholdersand then for some reason,
that isn’t clear to me at all,
forward split 8000 for 1.I suppose this MAY comply
technically with the rule
that requires less than 300 shareholders to go private.I’m not sure, however, it is
within the spirit or purpose
of that rule.Anyway, I don’t know anything
about it. I guess if you have
got a lot of money, and you can
afford to just let it stay
permanently invested, then maybe
you can share in some income.Like a private partnership.
I guess that’s what it would be.Unfortunately, my net worth
doesn’t allow for the retainance
of a lawyer on staff.However, seriously, it may well
be an interesting opportunity.the operational word would be:
i l l i q u i d
in reply to: Sell Recommendation/Category Changes (Sep. '13) #14575What’s the scoop?
in reply to: Paramount Gold Nevada Corp. (PZG) #14574Paramount Gold Nevada Corp. (PZG)
will increase their share count
by 1,109,225 to something a bit
less than 27,000,000:figure 27,000,000
However, maybe it is
a positive development.Ausenco Engineering Canada, Inc.
has agreed to complete
a Bankable Feasibly Study
for Paramount’s proposed
Eastern Oregon gold mine:
“Grassy Mountain” (I wish
they had come up with
a different name. It’s okay,
I guess.).I believe, a bankable feasibility
study, is a study to make the
capital expense of extracting
a gold deposit, fundable by a
commercial bank (in other words
an industrial loan, instead of
issuing more shares).Ausenco has agreed to receive
100% of the cost of the expense
of the study, through the issuance
of those 1,109,225 shares.in reply to: #14573Is it necessary
to wait 30 days
to take a loss
on a stock.– – – – – EXAMPLE – – – – –
For the previous year:
On the first day of August,
one bought 100 shares of
Sailing Ship Example Corporation,
for $200.On the Fourteenth of August,
one sold 100 shares of
Sailing Ship Example Corporation,
for $100.Is the loss disallowed
because the two transactions
were not separated by 30 days
without a trade in that stock?in reply to: #14572Are losses, clustered in an
overall gain disallowed?– – – – – EXAMPLE – – – – –
During the two middle weeks
of August, one trades shares
of Giraffe Example Corporation:Monday: Buy 100 shares at $10
Tuesday: Buy 100 shares at $20
Wednesday: Buy 100 shares at $30
Thursday: Buy 100 shares at $40
Friday: Sell 400 shares at $30The stock drops back to $10
on Monday, and, therefore,
one decides to buy it back:Monday buy 100 shares at $10
Tuesday buy 100 shares at $20
Wednesday buy 100 shares at $30
Thursday buy 100 shares at $40
Friday sell 400 shares at $30After the close on Friday,
it is announced that
Giraffe Example Corporation
is going private (because
Antelope Example Corporation
offered $50 per share).Are the losses, that were
incurred on the shares
bought on the two Thursdays
for $40 disallowed?I was waiting for NROM
to go DOWN to 50¢ or 55¢
to buy more.You are waiting for NROM
to go UP to $0.70
to buy in.That’s what makes
the world go ’round.It never occurred to me
to sell the stock
because of their recommendation.Instead, I hoped
it would cause NROM
to go down significantly.Unfortunately, it did not.
___________________________
By the way, I missed that
new board member announcement.Once again, I thank you, Mr. Bremen
I agree with you.
(and I don’t do
retail or restaurant)
(makes me nervous)Especially, in the context
of other recommendations
that they could have
recommended selling.An interesting development.
The Bowser Report
has some surprises.Though, I wouldn’t exactly
say they put it on the“chopping block” :)
in reply to: January 2013 #14566Perpetual Investing
Legacy Investing
Permanent Investing
Glacial InvestingLong Term Investing
Middle Term Investing
Short Term Investing
Momentum Investing
Combat InvestingTrading Investing
Day Trading Investing
Momentum Trading Investing
Combat Trading Investing_______________________________
The above list,
could be divided
into three groups
that could be labeled:Ownership
Investing
Trading
in reply to: January 2013 #14565Two additions are
very necessary
to the above list:Short Term Investing
+ Momentum Investing +
Trading (Investing)
Day Trading (Investing)
+ Momentum Trading (Investing) +
Combat Trading (Investing)
I placed “(Investing)”
after the trading list
entries, to clarify
the unstated notion
that I believe is unstated,
(I suspect the
word “investing” has
two different meanings)
because it would appear
merely long winded:Investing Investing
Trading Investing
Anyway, feel free to add,
subtract, correct, or
just laugh.Thinking (too much)
can take one to useless places.(However, that can be valuable
in learning where to avoid.)(Often a place that one had
already been told about,
but had forgotten about.)in reply to: Briefs (Dec. '12) #14564It is a complicated situation.
Think of Scott’s Liquid Gold.
And I know nothing about that,
accept the obvious assumption:As their sales at Walmart
increased, they approached
Walmart’s causing a
decreasing of their sales.In the case of surgically
implanted objects,
sales increases can lag
behind patent values,
because surgeons are naturally
conservative in new adoption
without overwhelming reason.Even if the anti-infective
data could be translated into
a use patent, it would not
provide exclusivity from
non disease preventing use.Or, more plainly, the situation
appears to be more generally
industrial, than proprietary
(if those are the right words).That makes it David and Goliath
without the slingshot. the patents
are the slingshot.I’m holding my shares, because
I do not believe the “shorts”
know what they are doing.However, I’m also doubtful
that the longs know what
they’re doing.It is true that their patent
portfolio has an expiration
problem, however, it is a fine
legal and industrial question
of whether they can work around that, given their daunting financial proportion to their
peers.of course this is all speculation
it is all very up in the air
many many moving parts
like throwing
a dish of noodles
into the air,
and trying to predict
where the pieces will landin reply to: Briefs (Dec. '12) #14562I regret setting forth
the topic of this stock.After reading more carefully
their filings, I have decided
that SINT was well valued
at the market price
I purchased it at.(Why didn’t I read it
that carefully, before
I bought it?)Although I still own the shares,
I would would encourage others
to look elsewhere.(Hopefully, the Bowser Forum doesn’t have a lot of traffic.)
in reply to: Briefs (Dec. '12) #14561Well, this Tuesday’s trading
is over. SiNtx, a company with
less than 22 million shares
outstanding, traded:84,357,285 shares
Figuring an average price
of 17.5¢, that would be:14,762,524.70 dollars
the day’s high: 23¢
the day’s low: 14¢the day’s close: 14¢
the day’s change: noneIf I had to guess,
I would guess that
some of those shares
didn’t really exist.
Whatever that would
mean. Who knows?Well, Tuesday’s trading
is done. Here is the plan
I put in place, Monday.I thought that maybe I had
over concentrated in TSSI.
(Not that I have that many
shares of anything.)I decided to look for
something under 25¢,
that I liked, and that
had some unimpossible
possibility of transiting
TSSI (I could buy it back).Well after much trudging,
I came across SINT. It is
in the Bowser Database.I decided, if I assigned
52 week highs and lows,
I would assign SINT a low
of 25 million dollars,
or $1.15 per share.What’s the price? 15¢.
A 97% discount to my
imaginary assigned low.
That discounts a lot of
misguided valuation
notions.With a bit of cash
on hand, I converted
1000 TSSI into 6000 SINT.Here’s the plan:
sell 3000 at 28.75¢
(SINT = $6,250,000)sell 2000 at 57.50¢
(SINT = $12,500,000)sell 1000 at 86.25¢
(SINT = $18,750,000)After the first target
sale, I could have my SINT,
and buy back my TSSI, too.I will not be moved by
this 84 million share day.My ownership is unstrained.
in reply to: Briefs (Dec. '12) #14560It seems to me
that the 52-week low
for SiNtx should have been
about 25 millon dollars.That would be about
1 dollar and 15 cents
per share.Things fall to extreme
discount by neglect,
and unavailable capital.Why would a person,
with enough money
to not be concerned
about immediate living
expenses, bother themselves
to buy and then sell SINT
at such a hideous discount.The ways of day traders
are unto themselves.I hope this does not taint
SiNtx Technologies, Inc. (SINT).(By the way, regarding the
post above: I did not come
across any shelf registration,
when I read their SEC filing;
I was just trying to be amusing.) -
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