Imagine how big their bonuses would be if VHC actually MADE money!!! VHC stockholders are bag holders.
Following this review, the Compensation Committee exercised its discretion in determining to pay Mr. Larsen 150% of his 2014 target bonus and to pay Mr. Nance 100% of his 2014 target bonus, in light of the Company's overall performance for the year and their respective contributions in achieving this performance. The 2014 target bonus for each of Messrs. Larsen and Nance previously approved by the Compensation Committee was equal to 50% of Mr. Larsen's and Mr. Nance's respective base salary. Accordingly, the Compensation Committee determined to award Mr. Larsen a cash bonus for 2014 equal to $389,325 and Mr. Nance a cash bonus for 2014 equal to $33,390.
Profit taking. Fund managers sell the stocks that appreciated and buy others to make it look like they did better than they actually did.
I'll bet some investment firm put in a trigger to sell if market cap reaches 799 Billion. The idiots on Wall Street think they are so smart when all they do is pick numbers from their back ends and set up programmed trades.
As much as I think Amazon is a profitless business, the Google Products website is not a viable alternative. Retailers like Office Depot are already bailing. Once Google's intro offer ended, the attractiveness of Google's Products fell off the cliff. Do I really want to pay $95 a year or $5 extra per order instead of just getting it directly from the store for less? Not at all.
Once again Google is throwing mud at the wall to see what sticks. This isn't it. Google needs to keep many small businesses going as it is their advertising that is Google's nearly sole source of income. The small businesses go away, so does Google.
I read the press release. How do you file a class action lawsuit before having any lead plaintiffs?
Yeah. A couple per international airport and the amount of sapphire in each one is minuscule. The demand may sell maybe $10,000 in sapphire of which GTAT will sell maybe $2500 worth.
I saw this excellent summary on a GTAT article:
So let me get this straight. Company A makes promises to Company B to sell it a product but needs an advance to make the product. Company B agrees and buys a building for a factory so Company A can set-up their equipment. In addition Company B fronts Company A a few hundred million dollars.
During the ramp-up and accompanying buzz, Company A's stock price rises and the CEO cashes out for $10 million in 'planned sales' before the production was to commence full scale. Company A fails to deliver on their promise. Company B tries to work with Company A to keep with project but Company B decides to bail (after the CEO of Company A made millions in stock sales) right before repayment was due to commence. Company B then claims secrecy but it is all Company A's fault.
Oh yeah. That doesn't pass the sniff test.
Oh well. Obama has only two years so if they can put the trail longer than that and Republicans are in control, it will all be swept under the rug for a few donations.
Yesterday's press release was titled "Apple’s VPN on Demand Confirmed to Infringe VirnetX Patents" You have to read the details to find that the award was vacated! What losers.
If you look objectively at the case, the patent isn't worth what VHC claims it is especially when you consider the relative amounts Apple is to receive from Samsung's many infringements.