They have emailed me several times and made a phone call. Started with a 10% rate and now are up to 28%.
OK....I believe in the technology of Watt. The applications far exceed recharging phones and many low energy devices will be hooked up to a transmitter. In addition, more devices will become low energy and will be able to use Watt technology. That being said, I could not turn down a 28% rate to lend out my shares. $300 a month on an $8000 original investment is a great deal.
I could never figure out why Ed Meese would give his good name (and Reagan's by proxy) to this outfit. I'm sure some saps have "invested" with CRF because of Meese.
Xone should look into buying out industrial printer Evercel. While Evercel is not a 3d printer, their products are in many industrial settings. Could be some real synergies.
The Energous Twitter feed mentions that smoke detectors using WattUp technology won't need their batteries replaced.....not the biggest deal in the world but it would be the "best in class" for smoke detectors. I could see LED emergency lighting also benefiting from wireless recharging.
Once you loan them out, the shares are no longer insured by Schwab and they can be returned at any time. You probably would make $160 and would just be helping out the short sellers.
Schwab wants to borrow my shares in order to sell short. Terms weren't that bad.....supposedly $85 a month for 900 shares, Still, I told them to pound sand. The whole process seemed convoluted and why do I want to help someone drive down the price of a stock that I own.
Story on the wires about people worried about the cell phone batteries running out. Frankly, I never have the problem but the story underscores the need for Watt's product.
Long term, wireless recharging combined with household products needing less juice will be a game changer. TVs will be hung up around the house like pictures and home security will be greatly enhanced.
This is a stock that has been beaten up big time by declining oil prices. You would think that a $40 million increase in loan loss reserves would be well received but somehow I think people trade simply on the headlines.
Rock With all due respect, do you really think the Travelers' CEO cares? You have to remarket your insurance coverages either every year or at least every other year. Companies will relentlessly raise your rate with or without speeding tickets. Companies preach loyalty but consumers who don't shop around end up getting screwed. Even USAA touts their retention rates while really hitting elderly drivers with steep rates.
I owned Hallmark for several years but it was always dead money. Safety is a solid company with a solid dividend and eventually someone will buy it out. Hallmark used to be a great company but they diversified themselves out of surplus lines and never recovered from the Florida debacle.
BL Curley talked about the Energous bunny but why not have regular batteries get implanted with the Energous technology. Imagine having a flashlight battery that never has to be replaced or a tv remote that is always fresh?
Really, is there any better investment than a stock that has a 4% dividend and sells a product that is recession proof? If anything, our sales will improve as people switch out of Charmin and other high priced products. TIS is also a great aging infrastructure play as older plumbing systems can't handle the multi-layer papers.
If Duke Energy drops today because of an earnings shortfall due to mild weather then it indicates that the wall street geniuses cannot fathom the weather really impacts industries like utilities, insurance and clothing. The analysts know what the weather has been but fail to predict the impact on earnings.
Safety is a small insurer in Mass that will have absolutely blowout earnings from the mild weather this winter. Its earnings should go from a $2,25 quarterly loss to a $2 quarterly profit. Safety could go from $55 to $65 very quickly/