I appreciate the reply and the valueable information. I must admit I`m guilty on occasion of not doing enough research on stocks that I pick. This may sound crazy but I get most of the information I need from people on message boards who know what they`re talking about. They are easy to spot because they generally talk facts and figures but most importantly they don`t have an agenda in their opinions.Again thanks.
I quit asking myself Why I own PGH, Now I settle for just being sorry that I do. I thought I had learned my lesson on Halloween Eve Years ago, but I guess not.
I am not a Gold Bug nor a particularlly good investor and my spelling sucks. That being said I would like to say that you are wrong. The momentum right now is on NEM side at least for now as evidenced by NEM being up while Gold shed $10.00. Sure NEM will not rocket back to the $70.00s but should be able to muster $48.00 to $50.00 in the near future.However if you are correct and NEM heads south i`ll be waiting and pick up its shattered pieces by buying more. Either way we`ll all need a little luck in todays market where if the small investor does happen to make some money it`s by accident.
This is the first time I have looked at AU and I can`t understand some of the stats on it such as trailing PE of 1,400 forward PE of 4.5, Book Value of 0.14 per share cash on hand 0.2 cents and a Market Cap twice that of XOM. At face value ALL of the other Gold Miners appear to be a far better investment. Does anyone understand these Mining Stocks because I certainly Dont.I bought NEM a couple weeks ago because of the yield and the price per share seemed right even though I SWORE I would NEVER BUY NEM again because both times in the past I lost money on NEM. So whats the story on AU. Anyone?
They`re probably not answering the phone because they`re all in the Warehouse Banging your Wife.The other possibility is they can`t afford to pay their phone bill.
And you`re ignorant to believe that somehow Obama is to blame for these Pavement Apes behaving like animals. Truth is I don`t believe you are that IGNORANT, Nor do I believe you give a Rats #$%$ about the Above Mentioned Crimes. Your comment stems soley from the FACT that you hate Obama and it Galls you to even think that The US has elected a Black Man TWICE. You`re just a Whiney Dissatisfied White Male looking for something to latch onto to degrade to make yourself feel somehow superior.
I beg to differ Sir, What we really need is for IGNORANT,INBRED DOUCHE BAGS LIKE YOU TO #$%$.
Fill me in if you would be so kind. What the #$%$ does a Pint Sized POS Country such as Cypress have do do with anything? I`ll never understand how these minor countrys problems or Financial upheavals can Rock the entire Worlds Markets.I remember during the Peak of the Eoropean Financial Crisis the entire world was waiting for some decision to be made by Slovakia, seriously the entire financial world was on the edge of their seats waiting for Slovakias decision. Maria Bartaromo was laughing and saying NOW i`ve seen everything.
Thanks for the reply Knox. I`ll try my best to live up to your standards and see what I can do about writing more coherent sentences. Fortuneatly for me i`m better at investing than I am at writing. You should try and focus more on your investing prowess and less on peoples writing skills. If you`re going to buy third tier stocks at least choose one that pays a dividend. in case I wasn`t COHERENT ENOUGH, IRDM is a third tier stock. That being said, feel free to stay in touch in cace i`m wrong which is not uncommon.
One reason could be their lackluster un imaginative managment team and too much debt. In short IRDM is just NOT a good company and they like our Government are DESPERATE for cash and they are putting the Screws to their subscribers out of their own lack of foreswight and inovation and their subscribers are starting to turn on them.
The reason is the Tens of Millions who have NO INSURANCE.The Folks earning over 150,000 anually are living as long as ever. The Top 5% are living the Longest. There are some exceptions to the Rule but overall people who have no medical insurance are dropping like flies. They argue that the Retirement age needs to be raised because people are living longer. What their true desire is is to let people die before they can collect SS which they truly need. The ones that DON`T need SS are the same People with the great Insurance who are living longer.
You`re right on the money about the Down Sizing of Amexica. Soon we won`t even be able to afford Cake.It`s all about Power and the Control of the Population by taking away all their Wealth. The next thing tto go is hope., and thats what Both Republicans and Democrats are working toward behind the scenes. No one has less power than the poor and thats their ultimate goal. Congress and the Senate have been so corruped and beholding to their Masters that finance their election campaigns that they hsave nothing to offer the American Population but Lip Service and promises that they NEVER deliver on. Our Trusted Servants set us up like Bowling Pins and the Power Brokers throw Strikes all day everyday. If you think the condition of the Majority of America is an acciident, Guess again.They are working hard to push all states toward becoming Right to Work States which is Great for everyone EXCEPT the Employees. The Population as a whole is being FLEECED DAILY, LIED TO CONSTANTLY, AND SPIED ON TWENTY FOUR HOURS A DAY. Makes you feel warm and fuzzy all over. The Land of the Lost and the Home of the Slave is what we have in store for us.
It seems to me that some folks with influence and power know something that the average Joe like me doesn`t. It seems to me that with Managed Care Withering and Defense Contractors steadily gaining ground most of the budget cuts will NOT land in Defenses Back Yard.Perhaps I`m reading the whole thing wrong but it seems fishy.
WFT is a Joke anymore. They moved in address only to avoid a huge Tax Bill from Uncle Sam in the US, Yet they still blame High Taxes as the reason for their most recent dismal report.They should replace the Entire Management team and replace them with people that understand the Business. They have an excuse for everything each quarter but their is no excuse for them. Maybe if they move their Company in address only to Mars they`ll be more Profitable.
You`re right thart would be a very positive message to share holders and to prospective investors. However I don`t believe that we`ll see any such event. I think the CEO and PGH managment team have been riding this Co down and sucking as much money as they can out of the company as it implodes. I`ve never seen a company that seems to do so disinterested in its shareholders and the Company itself.They offer uo No Reasons or excuses for their dismal preformance, they offer NOTHING PERIOD,The main thing they continously fail to offer investors is HOPE.