Any opinions out there if the RMB is revalued higher, what affect on FXI? I'm assuming initial positive as all stocks will have higher value in US $$. However, they then become less attractive competing with other companies.
How about the EWH, which is Hong Kong ETF, largely r/e. The RMB has been appreciating compared to HK$, which is pegged to US$. However, that's unofficial.
Will they do an official revaluation of the HK$ also? I'm thinking they won't necessarily do that as inflation hasn't been that bad in HK and their economy is not growing as quickly as mainland.
Thanks for any comments.
Any thoughts out there? I'm not sure how it works in HK with peg to US dollar, but if China revalues, I'm guessing that HK also gets revalued?
Share price should go up but businesses will have tougher time with higher costs.
Thanks for any comments.
wowsa - he's one of the most successful hedge fund managers out there.
If they don't ship up, he will make them.
He usedta post on the boards as Mr Pink
Look at what happened to T. The shareholders were upset at first but they made out like bandits, with 8 companies, then the 8 gave others like LU and VZW and then the takeovers reduced the number of telcos with premium purchases.
My $20,000 of T from the old days is now worth close to a million bucks, with everything reinvested.
This alone could double the stock price. Probably wait for the merger approval to keep the government out of any fake stern controversy.
See the Stern interview.
1)former employee previously booted under names similar to asecult and nomad. He just had to re-join with a new name. Keep TOS'ing him.
2)High short interest - > 7 days to cover means that if nobody bought a share, it would take 7 days of normal volume for shorts to get out.
I'm new to this play and bought a lot of EMFP based on the nano tech where I have a background. However, could you tell me how APT and EMFP products compare? You seem to know a lot about both.
BTW - it's WiMAX - i just realized i've been typing the same typo over and over. need to learn to proof before hitting the button
It's the nature of the business. As WMAX standardizes, it will grow in an exponential way. INTC is behind it as well as other major players in chips and telecom.
It's already happened in WIFI. Look at the growth over the past few years.
I liked SRXA because it was ahead of the curve and I felt they had an advantage, buying ATT wireless technology, etc.
However, they have squandered that lead now and, at best, can be an also ran, with massive dilution. Sad thing is that this could have been avoided had they acted sooner.
I've followed the company for a long time, but generally been wrong on the price movements.
The technology is proprietary and they have a good base in Latin America. However, they are not really WMAX. They are ahead of WMAX and this gave them opportunity to build up the revenue base and contracts. They will move to WMAX as standards become accepted but that will hurt the company initially as their business is largely proprietary.
WMAX is coming but this will bring more competition and more costs to SRXA as they re-tool and make sure they hit the ever evolving standards. At that point, they will no longer have any particular advantage and margins will likely fall.
The strategy for them was to get as much business as soon as possible, get to a decent level of earnings, and then either merge or build the company. I thought they were doing well, particularly with all the PR's about contracts and business.
The mis-steps of management have put it into the current situation. It's lead is not really a lead any more and their credibility is now close to 0, both to shareholders and customers. When there are competitors, how do you expect customers will treat them NOW as opposed to last year.
They squandered opportunities and there is a real question whether they can survive.
I'm looking to buy, but I won't make the mistake I made before thinking that a low price means it can't go lower. The .25 target may be realistic.
I also saw the downgrade to .25 cents Canadian.
I have Ameritrade and it comes through on news.
There is no link that can be posted.
You should be able to get it through google in a day or two.
There were 4 news headlines on Ameritrade.