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The Blackstone Group L.P. Message Board

act2sjm 11 posts  |  Last Activity: Jul 8, 2014 8:05 PM Member since: Sep 30, 2009
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  • I'd be interested to go, but a trip to Gibraltar is not in the cards this year.

    If you are going, please post your observations.

  • Reply to

    Posting this now:

    by drod4ball Mar 24, 2014 1:23 PM
    act2sjm act2sjm Apr 4, 2014 7:08 AM Flag

    (So I see yahoo didn't allow me to post the second part of my last post. Oh well)

    Anyway, as for the long term prospects, the product does have a shelf life, so there is (theoretically) a recurring income stream. Other countries should want it, too - it doesn't surprise me that they aren't getting any orders right now since people are often reluctant to do business with a company tied up in this kind of litigation. After the litigation is resolved, whether they will actually be able to convince the other countries to buy is an execution issue, and that is certainly another risk.

    Their biggest problem, as I see it (MUCH bigger than poor communication), is those two doofy congressional idiots who want to block further funding for purchases ("hasn't smallpox been eliminated?") Idiots. While no one wishes this kind of thing, of course, there would be a poetic justice if they, and the constituents who elected them, are in the second group exposed by terrorists, and are told "sorry, we're all out of the medicine because funding was blocked". The members of this board can accomplish something for themselves by writing to their representatives and demanding that the US buy a large enough stock on hand to protect the whole country. In addition to protecting us, if/when the news comes out that the U.S. is fully supplied it might move some other countries to buy.

  • Reply to

    K1 Advice Anyone...

    by arbitragem Mar 28, 2014 12:17 AM
    act2sjm act2sjm Mar 31, 2014 11:44 AM Flag

    With all due respect to rpfla, please remember that any stock or tax advice you receive on these boards is worth what you paid for it. I think rpfla is correct, but you should recognize that you are responsible to the IRS if we are wrong, and so you might want to check with your tax professional.

  • Reply to

    Posting this now:

    by drod4ball Mar 24, 2014 1:23 PM
    act2sjm act2sjm Mar 30, 2014 10:16 PM Flag

    You're the ONLY one - uh yeah, I forgot you and drod are the same idiot, As for telling the truth, if you expect truth on these boards then you really are as dumb as you seem.

    I'm a long term investor, Sparky; I'm not going to sweat 3 or 6 or 9 months, or longer. In the long term, this company has a good product that is needed. Stick to that kind of reasoning if you want to make money in the long run.

    As for what I have against you - you're rude, and you don't know nearly as much as you think. Be more polite and engage in intelligent discussion and I'll respond in kind. There is plenty of room for differences of opinion, and we can all benefit from hearing "the other side", but no one is interested in the opinions of a do uche.

  • act2sjm act2sjm May 8, 2013 9:21 PM Flag

    Another mindless post.

  • You can thank me for the stock rallying in the afternoon Friday; that was right after I sold.

    After 8 years, I've finally given up. I'm tired of the underperformance here. Chart this against the BSE over just about any period and you'll see dramatic underperformance; much more than can be accounted for by changes in the discount.

    I bought this because I wanted to participate in the growth in India. I knew I'd have to give up something for management fees, but at the time I bought it there wasn't much choice; either buy stocks in companies that are a half world away, or one of a limited number of mutual funds. I made the wrong choice here.

    I still think there is growing to do in India, and I'd like to get a mutual fund rather than buy individual stocks. If anyone has any suggestions for funds, I'd appreciate hearing them. (By the way, I also gave up on ETGIX, which has also underperformed over the same period, though not as badly.)

    Good luck to all.

  • Reply to

    Question for Sonnenwayne

    by sammysdad0505 Oct 16, 2012 7:48 PM
    act2sjm act2sjm Oct 25, 2012 6:24 AM Flag

    Yes, thank you for your thoughts Wayne. I think I see the potential issues.

  • Reply to

    Question for Sonnenwayne

    by sammysdad0505 Oct 16, 2012 7:48 PM
    act2sjm act2sjm Oct 21, 2012 9:01 AM Flag

    I'd also like to hear your thoughts sonnenwayne

  • Reply to

    All Stocks fill there Gaps-

    by marvin2357 Aug 30, 2012 12:14 PM
    act2sjm act2sjm Sep 9, 2012 9:29 AM Flag

    Although it's appealing to find patterns, and our minds look for them, that doesn't mean that there really is a pattern. Charting is for people who want to find reasons but can't be bothered to do the math required for real analysis (or are not capable of it.)

  • Reply to

    All Stocks fill there Gaps-

    by marvin2357 Aug 30, 2012 12:14 PM
    act2sjm act2sjm Aug 30, 2012 9:24 PM Flag

    Yes, and they also need to wipe the crack before they leave the restroom!

  • Reply to

    Dividend Record Date

    by marymeagher66 Sep 27, 2009 10:30 AM
    act2sjm act2sjm Sep 30, 2009 7:54 PM Flag

    T,

    It does indeed take 3 days for a stock transaction to clear, so if you want to get the dividend you need to buy before the "ex-dividend" date. The "ex-div" date is the first date that a stock trades without the dividend, and is always announced whenever a dividend is announced. (warning; yahoo can be unreliable for the ex-div date, so it's usually best to look at the company's own website which almost always has an "investor relations" section that will show the historic and announced dividends, along with their ex-dividend dates.)

    Go Bears!

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