The letter is actually dated March 14, 2014, but I just got the issue in the mail last week.
In the latest edition of Stansberry's Investment Advisory, Porter Stansberry says that with a couple of breaks, EXXI could be a 10 bagger. He called it exactly right with Cheniere Energy, advising his subscribers to buy that stock long before it became popular to own it.
This is great, fundamentally sound company with a solid balance sheet. It's not mired in debt and isn't going anywhere. Management will execute its business plan and grow the company nicely. People who bought at $3/share have an easy three-bagger from here, they just need to be patient. I'm glad NIA is out of the picture, so the company can proceed upward in an orderly fashion without the hype. SYNC doesn't need any hype - the fundamentals are solid as they are.
The posts some shorts are making are really funny. They are hoping against hope they won't go broke, but nothing they post will change that fact.
Shorts trying to talk down this victory are whistling past the graveyark. When the stock resumes trading, they will be forced to cover by the margin clerks. Depending on how much margin they took, they may not only lose their short position and their equity, but will be forced to send their broker additional money to cover their losses. Sucks to be them.
All of Google's customers who benefit from the application can now be sued as contributory infringers. This is a great outcome for VRNG and will ensure they reap many, many millions of dollars in additional damages from other users. If you are long, you're about to make a lot of money.
The verdict is fantastic. Now ALL of Google's customers benefiting from this application through Google can be sued for contributory infringement! This is going to be a huge moneymaker for VRNG!!! The stock is going to explode!
Harvard grads can get jobs. Grads of Grand Canyon cannot. The school is not even fully accredited. Who wants to hire grads of this school when plenty of grads of real universities are looking for work?
A senator's examination of for-profit colleges paints them as dropout factories, where billions of dollars are squandered on financial aid and the schools' emphasis is more on attracting students than educating them.
The result, according to the report: Too many students are left with bad debt and no degree.
Sen. Tom Harkin, D-Iowa, chairman of the Health, Education, Labor and Pensions Committee, released his report this week after two years probing the education industry, its profits and sometimes aggressive recruiting techniques.
"In this report, you will find overwhelming documentation of exorbitant tuition, aggressive recruiting practices, abysmal student outcomes, taxpayer dollars spent on marketing and profit, and regulatory evasion and manipulation," Harkin said. "These practices are not the exception. They are the norm. They are systemic throughout the industry with very few individual exceptions."
The report criticized Grand Canyon Education Inc., which operates Grand Canyon University in Phoenix and online, for not offering adequate career-planning assistance, but noted that a smaller proportion of its students default on their debt than the average at for-profit colleges.
Grand Canyon also spent a higher-than-average percentage of its revenue on marketing in 2009, 32.6 percent.
I laugh at the hypocrisy of management at Grand Canyon, who talk up their unaccredited school while they continue to sell their shares. They wouldn't do that if they really believed in what they were doing. Watch what they do, not what they say.
You got that right. Money is getting extremely difficult for the federal and state governments to come by. California, Arizona and Nevada are broke and won't be able to afford to subsidize students going to some dump of a school that nobody's even heard of. Unemployed people are going to Grand Canyon to get degrees in education and psychology, but unfortunately will end up stocking shelves at Wal-Mart after they graduate if they can even find work. Who wants to waste good money doing that?
The LA Times just published a brand new must read article entitled "Olympics are an online hit for NBC" and you can read it by clicking here. It reports the unbelievably amazing and shocking news that NBC has disclosed 75 million Olympic TV Everywhere streams in just the first 7 days of the Olympics! We still don't know the exact amount of authenticated users, but we do know that Synacor (SYNC) is authenticating for about 1/3 of the 102 pay-TV companies providing access. We also know that a minimum of 1.5 million total users have authenticated with NBC because they reported delivering 1.5 million live streams for the women's gymnastics team finals when the U.S. women's gymnastics team took the gold medal!
NIA bets that every single one of the 1.5 million Americans who watched the U.S. women's gymnastics team win the gold medal live through TV Everywhere felt like they were the luckiest person in the world! NBC didn't air the event on TV until over 6 hours later but even with it pre-recorded, NBC received 35.8 million total viewers in prime time, an all time record high rating for any Olympic event in history!
NBC was criticized months ago by many people in the media who predicted their prime time TV ratings would collapse if they aired events live through their TV Everywhere portal well in advance of them airing on nationwide TV. NBC has now proven that TV Everywhere doesn't hurt TV ratings, but actually adds to them! Over 60% of the 1.5 million Americans who watched the U.S. women's gymnastics team win the gold medal live through TV Everywhere, watched NBC's prime time TV coverage of the event too!
The word is going viral about NBC's Olympic TV Everywhere coverage! The 1.5 million people who watched the U.S. gymnastics team win gold know better than anybody else how huge TV Everywhere is about to become in the U.S. Most of them likely called their friends afterwards and told them to watch NBC's prime time coverage later that evening to see what happened. They also probably urged their friends to authenticate themselves the next day to watch any of the dozens of Olympic events that are streaming live each day simultaneously!
Thursday was a watershed moment for the TV Everywhere space, which is about to experience growth in U.S. consumer usage that was last seen in consumer usage of social networks back in 2005/2006. Besides the 1.5 million people who watched the women's gymnastics team live on Thursday, another 1.2 million people watched Michael Phelps' huge 200 IM gold medal victory! NIA is sure that NBC's total authenticated Olympic TV Everywhere users is many times greater than 1.5 million and it is very possible that SYNC has already authenticated 1.5 million pay-TV subscribers on their own!
NBC will definitely set a record for both TV Everywhere authenticated users and online video streams for a single event of any type in history! NBC's two mobile apps for the iPhone and iPad are now the #1 and #2 top downloaded apps on iTunes this past week and SYNC's authentication system is built into them!
Reality is finally coming to light with SYNC rising $0.99 to $10.10 on Friday and up 14% in the last two trading days! Not only is SYNC fundamentally the most undervalued high growth technology play on Wall Street and technically the most extremely oversold stock in the market, but SYNC is now in a position to blow away the current insanely low expectations that are priced into the stock. SYNC has never been more hated than it is right now, but by the end of next week SYNC could become the most loved stock in the market!
If SYNC just announces that they authenticated 1 million or more Olympic TV Everywhere users and that the Olympics broke the record for the most authenticated TV Everywhere users in history, NIA believes it could be enough to take SYNC back to $15 practically overnight!
I'm looking forward to seeing updated short interest figures. I actually hope there hasn't been much short selling. That will make the next move to the upside even more explosive as shorts unable to meet their margin calls are forced to cover.
The smart shorts realize that the stock cannot possibly go any lower, so they are closing their positions. The dumb shorts are still hoping to recoup some of their recently vaporized profits, but are going to end up losing everything. I'm going to enjoy riding this stock up to $20.
That's a good thing. I want them to keep getting boiled alive slowly while the stock continues to rise steadily. The selling last week was way overdone. In a short period of time, the fundamentals will win out.
Stop contemplating suicide. The stock is going to go back up, but it may take a couple of weeks. SYNC is oversold and won't stay at this level forever. No amount of lost money is worth dying for. You can make it back, just be patient.
When shorts are forced to cover tomorrow, there will be some real fireworks. A lot of shorts will be margin clerk roadkill by the close of trading tomorrow. Looking forward to profiting handsomely from this fantastic stock. It's great to be in at the ground floor of this tremendous opportunity.
This counterattack by China is yet more trouble for FSLR and other domestic solar panel manufacturers. Note the statement near the bottom that if this dispute cannot be resolved, "It may move to arbitration if the two cannot agree, and the United States could be forced to scrap its duties and even compensate China if it is found to have broken the rules."
China launched a complaint at the World Trade Organization on Friday against U.S. import duties on 22 Chinese products that the United States says are unfairly priced or subsidized, including solar panels and steel products.
"China firmly opposes the abuse of trade remedy measures and trade protectionism," China's Ministry of Commerce said in a statement.
U.S. SAYS STUDYING COMPLAINT
China said its complaint covers exports worth $7.3 billion, encompassing diverse products like citric acid, kitchen shelving and lawn groomers. It also includes wind towers, even though the U.S. Commerce Department's preliminary decision on those wind tower imports is not due until Wednesday.
Eight days ago, the U.S. Commerce Department set punitive tariffs on Chinese solar panels, which it said Chinese exporters had dumped on the U.S. market at unfairly low prices.
The United States hit Chinese steel pipe imports with hefty anti-dumping duties in 2010. Later that year it launched a trade suit over Chinese government grants to wind power manufacturers, but it did not pursue the case.
Harmon said the Office of the U.S. Trade Representative was studying the complaint and would respond in accordance with WTO rules.
"The Obama administration strongly supports the trade remedy laws, and was the first administration ever to apply a 421 safeguard to imports from China," she said. A 421 safeguard is a U.S. measure that allows manufacturers to request emergency restrictions on Chinese imports in response to a surge.
Last year China won a WTO complaint, similar to Friday's, against U.S. duties on imports of Chinese steel pipes, off-road tires and woven sacks. U.S. Trade Representative Ron Kirk called that decision "a clear case of overreaching" by the judges.
Many of China's grievances might have been dealt with by a U.S. court decision last year, which struck down the Commerce Department's ability to impose countervailing duties on "non-market economies" like China.
But the U.S. Congress voted to restore it in March, ensuring U.S. duties on about two dozen Chinese goods stayed in place.
China's new complaint, the seventh it has filed against the United States since it joined the WTO in 2001, comes as WTO chief Pascal Lamy flies to China for a four-day visit, during which he will meet Vice Premier Wang Qishan.
The legal process begins with China holding talks with the United States to seek an amicable settlement.
It may move to arbitration if the two cannot agree, and the United States could be forced to scrap its duties and even compensate China if it is found to have broken the rules.
The dispute adds more heat to a trade relationship that has barely stopped simmering, even though the United States has seen signs of China "making progress" towards easing restrictions on its currency, one of the biggest causes of friction.
The U.S. Treasury again shied away from calling China a currency manipulator in its semi-annual report on Friday.
Cramer on FSLR:
This stock is “untouchable,” Cramer said. He’s recommended investors stay away from First Solar since it was trading at around $138 a share in September 2010. Today, the stock hovers above the $13 level.
“The entire solar power space is on horrible shape since it depends on government subsidies and governments around the world are tightening their belts, especially on Europe which had been a big booster of solar,” Cramer said.
Last week, however, the U.S. Department of Commerce imposed anti-dumping tariffs of 31 percent on Chinese-made solar cells. In turn, Cantor Fitzgerald said the development could be positive for First Solar. Cramer doesn’t think it’s reason enough to own the stock, though. It remains a stock to avoid, he said.
If GE is interested in FSLR, it will be a lot cheaper to buy the assets after the company goes bankrupt. GE would also be rid of all of FSLR's debts.