I am cautiously bullish. If it wasn't for the overhang from Crimea, I think we would be hitting new highs.
I knew I could count on your completely unbiased perspective on the matter. Now a followup by pud to confirm your view and the BTC world at large will know exactly what the implication of this development will be.
Good or bad... your guess is as good as mine.
@@@@High-speed telecommunications provider Perseus Telecom and digital currency trading platform Atlas ATS formally launched Wednesday a globally integrated bitcoin exchange system in New York, Hong Kong and Singapore to facilitate trading in the digital currency by high-frequency trading firms and other large financial institutions.
Yeah it's cause YHOO only shows 3 month history by default. Anyway, like I said, it'll have to be $6B at the very least.
UBS increases PHM price target
@@@@@NEW YORK (TheStreet) -- UBS increased its target price on PulteGroup (PHM_) to $25 and increased its estimates. The firm cited growth at Del Webb and authorization for $2 billion for land spending in 2014 as the reasons for the increase
Fitch upgrades debt ratings
@@@@@NEW YORK--(BUSINESS WIRE)-- Fitch Ratings has upgraded the Issuer Default Rating (IDR) of PulteGroup, Inc. (NYSE: PHM) to 'BB+' from 'BB'. The Rating Outlook is Stable. A complete list of rating actions follows this release. KEY RATING DRIVERS The upgrade of the IDR reflects PHM's solid operating performance in 2013 and current financial ratios which compare well with those of its peers, substantial liquidity position and favorable prospects for the housing sector in 2014 and 2015. Fitch believes that the housing recovery is firmly in place (although the rate of recovery remains well below historical levels and the upturn will likely continue to occur in fits and starts). The rating for PHM also reflects the company's broad geographic and product diversity, a long track record of adhering to a disciplined financial strategy and, somewhat more recently, an at times, aggressive growth strategy. The merger with Centex in August 2009 further enhanced the company's broad geographic and product line diversity. Centex's significant presence in the first move-up and especially in the entry-level categories complements PHM's strength in both the move-up and active adult segment. PHM's Del Webb (active adult) segment is perhaps the best recognized brand name in the homebuilding business. The company also did a good job in reducing its inventory and generating positive operating cash flow during the severe housing downturn from 2007 through 2011 and since then. The Stable Outlook takes into account the solid housing outlook for 2014 and 2015.
It's about frickin time. Now use some of that $1B to figure out how to get the price down to $10 and I think we have a mass market all to ourselves.
Low battery power density is the single largest impediment to the continued progress of human civilization.
Who says he's not complaining to BBD executives? Just because it's not in the news doesn't mean it's not happening... sheesh
A bit strange to see NILSY moving up as iron ore and coal companies continue to tumble. If it wasn't for the Indonesia ban on nickel ore exports, I think NILSY would be dropping too.
Oops never mind. Anyway, I suppose worse things could happen. But it'll have to be a lot more than $5B given the market cap is 4.40B (EV is 4.67B). I'd say $6B at a bare minimum.
Sorry but I will stick with the best. You can have the rest.
@@@@PulteGroup price target, EPS estimates were raised at UBS. Driven by growth at Del Webb and authorization for $2 billion for land spending in 2014, UBS said. Twelve-month price target is $25.