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Berkshire Hathaway Inc. Message Board

baltbear 101 posts  |  Last Activity: 3 hours ago Member since: Apr 8, 2011
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  • baltbear@ymail.com baltbear 3 hours ago Flag

    So--nothing new at all.
    Did they mention that GERN dumped all that i/p for a nickel on the dollar after they gave CIRM back over $20 million based on the whole thing being pointless?
    So the business plan remains the same: beg for welfare checks to support insiders and cronies.

  • baltbear@ymail.com baltbear 6 hours ago Flag

    You on the other hand cannot even pretend to say what it is--other than to insist for no reason at all that it is "bullish." It is, "bullish"--and I said so--but only for Neal. He sucked you into buying 2 5/8, then replaced the shares for 1/2, and got more shares for free.
    While you pretend that somebody you never heard of before getting "tipped" that BTX was "going to 10" cares if you your even born--so long as you do your job and be retail road kill.

  • baltbear@ymail.com baltbear Jul 28, 2014 4:59 PM Flag

    It can be done far more simply than that. Tax all revenue as ordinary income, and after an amusing mkt correction, most of the Russel 3k will be div paying better than the long bond, and trade clos to Ben Graham f/a levels.
    Want a charity to protect the kids who will be future vets? Hire biker gangs, drug cartels and guys leaving Gitmo to hunt down all the talking heads on TV.

  • baltbear@ymail.com baltbear Jul 26, 2014 11:23 PM Flag

    " lets see how well they do when they cant cheat ? " Rotfl... oy mean change the way they cheat? Yeah, they may be forced into some of that.
    The way to get rid of cheating is to tax all income as income, count all implicit gains annualy for tax purposes, and then after the "debt" is back under $6 trillion, start shaving points off the top rate.
    Anything else is just a matter of somebody getting their way of cheating declared the new fashin trend to keep the game exciting.

  • baltbear@ymail.com baltbear Jul 26, 2014 11:00 PM Flag

    Yeah.. it's good for HIM. $165k profit on the back of retail road kill like jmil. Excellent example of him trading into accumulation. Also an example of personal profit while diluting retail into irrelevance.
    Each of these new 4s shows the same thing.
    While the retail road kill holds them up as proof of how well things are going, and how trustworthy they are.
    And professionals laugh.

  • baltbear@ymail.com baltbear Jul 25, 2014 5:56 PM Flag

    On another hand, gold moving from 20-- 32-- 300-- 800-- 1200 does appear to be a function of it being played according to HC's game theory. Which is another reason WB won't touch it.

  • Reply to

    How is it possible

    by jetpro3 Jul 24, 2014 5:47 PM
    baltbear@ymail.com baltbear Jul 24, 2014 7:16 PM Flag

    Someone who search "story stock" and "baltbear" would find the evidence that you are approaching something.
    There is a "story" here. That's what there is. Nothing else, except a specialist's chew toy.
    But yeah....buying NFLX late in 2012, along with the gut checks, double downs and trading into accumulation was an excellent case of understanding the story of a stock--which is different than a story stock.
    Back at the time I told peopke here to look closely at NOK--where my average client ended up with 4k shares at --0-- basis, AND better than 20% APR on risk capital.

  • Reply to

    Bakken oil by rail

    by geepod2 Jul 21, 2014 12:05 PM
    baltbear@ymail.com baltbear Jul 23, 2014 5:53 PM Flag

    OOOOOO.. An actual investing question, and not whywhywhy divs, buybbacks, rat's rumpos and financiual games.
    Easy guess---when BNSF's insurer drops it. Probably not before.

  • baltbear@ymail.com baltbear Jul 23, 2014 5:50 PM Flag

    The idea of having to listen to that goniff for 24 minutes is wayyy too much.
    Is there a transcription somewhere, so I can print it out--so that I can roll it into a cone and have a barf bag if I need it?

  • Reply to

    Tuesday 'news day'

    by btimnextmicrosoft Mar 18, 2013 12:35 PM
    baltbear@ymail.com baltbear Jul 23, 2014 4:14 PM Flag

    since clone has admitted in the past to trading in and out, just like the cronies do, and ips and msft run in a pack with him--they are likely all drones for some bucket shop tied to insiders.

  • Reply to

    Asterias AHRBV changed to ASTYV

    by wallstreetwarrior Jul 22, 2014 11:24 AM
    baltbear@ymail.com baltbear Jul 22, 2014 4:59 PM Flag

    Excellent. Finally old clients can get it out of their portfolios.

  • baltbear@ymail.com baltbear Jul 22, 2014 4:57 PM Flag

    Read the CIRM proposal. It's based on GERN's report of "no harmful side effects--and no benefits."
    CArtilege and bone have nothing at all to do with nerve cells.
    Congratulations on demonstrating once again what a compleat idiot you think readers here are.

  • baltbear@ymail.com baltbear Jul 21, 2014 9:17 PM Flag

    Yup. Why? Becuase the initial dose did nothing. Since the nothing included "nothing negative" its getting doubled. As well as the injection site getting moved, on the off chance that might make a difference.
    Now: subtract the amount of cash on hand or committed that MUST be spent on this exercise, and how much is left? Maybe enoughto put off the next round of dilution til q3 of 15.

  • baltbear@ymail.com baltbear Jul 20, 2014 8:19 PM Flag

    And there's the point. BTX gets nothing, except further behind.

  • Reply to

    OT - GMO

    by jad1148 Jul 18, 2014 7:12 PM
    baltbear@ymail.com baltbear Jul 20, 2014 5:36 PM Flag

    Excellent but meaningless question--until the range of factors is named.
    Example? What correction would,be required to account for George Washington being in the top 100 or so of wealthy Americans, but not have "indoor plumbing" or a VCR?
    "Dollars"-- like anything else, are never more than nominal.
    On the other hand--as jad often seems to note--quite often something that seems out of line when viewed with an older model does point to errors in newer methodologies. And that then becomes the bet that creates the 2 sides on any trade.

  • Reply to

    The Coveted "Most Senile" Award

    by rigid_rod_of_reality Jul 19, 2014 10:08 AM
    baltbear@ymail.com baltbear Jul 20, 2014 5:28 PM Flag

    NOK? More/less same way as always...tonnes of dd. Along with a version of law of a baltbear vikinged from WB and Peter Lynch--if you don;t understand it, don;t own it.
    Getting clients into BAC at at net basis of ~2 was the same kind of thing. Along with "bad call" of "chasing yield" and writing covered 10s, instead of waiting for 15---since my calculations showed no way for BAC to hit 15 til about 2016. That got smacked down by "big banks" skull-ph***ing the Feds.
    I woof at HC for continually inventing single point scenarios left over from 1972 to no real end other than getting the chance to say "shameful" about whoever / whatever played the game better than he does.
    Typical of dropouts everywhere--and he is, by his own admission, a '92 dropout.
    I didn't dropout until succession plan satisfied me, AND I had to admit being too slow mentally to play FB at all.
    You and I both understand that much of this stuff bases in a priori--like 22.5 or "inverse of the long". My pov has always been that all those axioms are nonsense--but when they are widely adopted they move the tape.
    HC pretends that whatever he got taught in 1970 is "natural law." I got taught that the only "natural law" was what took out Ira Haupt, letting WB make his bones on American Express.

  • Reply to

    The Coveted "Most Senile" Award

    by rigid_rod_of_reality Jul 19, 2014 10:08 AM
    baltbear@ymail.com baltbear Jul 19, 2014 9:11 PM Flag

    Thumbs up. Good to see you about. I'm enjoying your comments in re methodology on another thread.
    the yelling is me attempting to explain to HC how a successful succession plan beats his dancing-girl fueled visions of a welfare state for the likes of him and his.

  • Reply to

    OT - GMO

    by jad1148 Jul 18, 2014 7:12 PM
    baltbear@ymail.com baltbear Jul 19, 2014 9:05 PM Flag

    "I have not found any favorable deals in quite some time." is a lot more true than when/if "bubble." and applies to way more than puts.
    Either way, "long period of dead money" seems highly likely--except for carefully dd'd individual stocks and private placements.

  • baltbear@ymail.com baltbear Jul 19, 2014 8:54 PM Flag

    He forgot reason #1 to dump an advisor: If he's commission based.
    #2. If his fee structure is not utterly transparent.
    Somewhere around #4 oughta be if he follows more than one of : Barron's, Forbes, Morning Joe, Maria-baby, Cramer, or..... (additions to this list welcome.)

  • baltbear@ymail.com baltbear Jul 18, 2014 10:24 PM Flag

    And from the "no spending" will come "no revenue." Why would Asterias deliver votable shares to retail cannon fodder before the insiders have their cut of the pie, and before it needs another tranche to dilution to be fronted by Cox/Agora et al?
    "Under the terms of the settlement and license agreement, the parties will each receive a non-exclusive, worldwide, royalty-free, fully paid-up, license to use certain patents for any internal research and development purpose but only to the extent necessary to allow the licensee to make, use, sell, offer for sale, or import endodermal lineage cells for use with its products and/or product candidates."
    That is, it doesn;t matter one dang bit to BTX shareholders that Viacyte filed for anything....until well after a successful phase I,II period, at which point BTX will launch yet another "me, too" product.
    So far as Viacyte being a JNJ development corporation---not so much. JNJ is a shareholder, especially when CA taxpayers subsidise it.
    " announced today that it completed a private equity financing transaction, providing the Company $10.6 million through the sale of Series C-1 Preferred Stock, together with warrants to purchase stock. The financing, conducted as a rights offering to ViaCyte Series B and C Preferred Stock holders, included the Company's largest existing investors - Johnson & Johnson Development Corporation, Sanderling Ventures and Asset Management Company (Johnson Trust).

    This funding serves as a match for a $10.1 million Strategic Partnership Award (SPA) that was approved last October by the California Institute for Regenerative Medicine (CIRM) to support clinical evaluation of VC-01, "

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