In many jurisdictions, the number of insurance companies offering ACA-approved insurance plans fell so low that informal monopolies formed with local hospitals that are pushing costs up rather than reducing them. Moreover, many of the health insurance plans Americans could afford through the federal exchange have deductibles and copays so high as to render them useless.
In the 28 states that have adopted ACA extensions of Medicaid, many able-bodied men are jobless and not seeking employment in part because that program gives them free health insurance. Millions of men between the ages of 25 and 65 are on the sidelines, collecting other government largess, not paying taxes, and imposing enormous costs on the economy//
We will never have a true economic recovery until Obamacare has been terminated.
SANTA CLARA, CA -- ( ) -- 03/03/15 -- NVIDIA (NASDAQ: NVDA) will present at the following upcoming event for the financial community:
NVIDIA Annual Investor Day
Tuesday, March 17, 12 p.m. PT ( 3 p.m. ET )
live webcast link on Nvidia's IR webpage
The hottest initial public offering (IPO) of 2015 could likely come from a company you haven't yet heard of…
Xiaomi Corp. is a Chinese tech company founded in 2010. By the end of this year, talk of a Xiaomi IPO will reach a fever pitch. The company has made incredible progress in its brief existence.
Xiaomi launched its first smartphone in 2011. By the third quarter of 2014, Xiaomi became the third-largest smartphone vendor in the world. It beat out such veterans as LG Electronics Inc. and Lenovo Group Ltd. (OTCMKTS ADR: LNVGY).
The company's astonishing growth is why so many expect a Xiaomi Corp. IPO within the year.
Xiaomi Chief Executive Officer Lei Jun announced last weekend that 2014 revenue had more than doubled from the previous year, from $5.2 billion to $11.97 billion. That was up some 150% from 2012 revenue of $2 billion.
Phone sales have soared from 7.19 million units in 2012 to just over 61 million in 2014. Xiaomi expects to sell 100 million smartphones this year. To put that into context, Apple Inc. (Nasdaq: AAPL) sold 169.22 million iPhones in its 2014 fiscal year.
Sentiment: Strong Buy
I think it will be a catalyst. Not surprising today pulling back. Market volatility going to be with us for a long while. Need to get used to it. Up 150 one day, down the next...
The low vol today gives the shorts the opportunity to hit it with all they have in covering process, and they are.
Remember the trend is your friend, and it is up. I am looking long term, 18 mo in this trade. No way to get that wrong.
I think it will be up 10% by Friday.
The presentation is at 6:00 pm tonight pacific time. We will see the reaction tomorrow...
The stock is getting pounded on light volume... I guess any product news will come after hours... Wonder if it'll be any real catalyst, or just some cool technology with no serious market yet...
Looks like you are the only one who managed to buy it above all time high.Stupid indeed :)
I bought it years ago in the 30's and 40's......STUPID ME.
WHAT A LOSER IT HAS BEEN!!
Yeah, imagine our local #$%$ will_amd_yu has been wrong every day for that long. What a tool.