BTC is front page news on Yahoo again today. Strange how an apparently doomed technology keeps making the front page news. But the news radar has not been tuned in to identify 'under the scope' news like BTC-China exchange decision to enable direct LTC-Fiat trades, yes Litecoin. Don't worry if you don't know what that means... it will become obvious enough in the months ahead.
Hmm, interesting. So you think maybe BAT told RAI: buy LO or we're going to buy them and dump our 40% RAI holding?
And why do you think LO would be preferable to RAI? RAI has lower exposure to menthol risk and the Vuse product traction sounds okay so far. Then if BTI wanted more emphasis on ecig they could buy up a few smaller companies since it's still a nascient market.
I wonder if a deal here would push PM to buy back into MO?
Yeah I know about that, but am surprised to see RAI moving up so strongly since they are the reported acquistor. Foreign firm BTI owns ~40% of RAI and the general consensus was that the most likely buyout in the tobacco sector would be BTI buying RAI. I just wonder if all three are going to do some kinda mega deal here.
I agree. I learned my lesson years ago. Never ever sell... If anything at all, add on weakness. That's what I did this time around when RAI and LO dropped down to the 200 day SMA.
I suggest that instead of telling us longs to sell, you sell half your underwater short position before you drown... tick tock tick tock
Two dumb mutts... When Obama learns to speak German or Russian then maybe he can sit down with Merkel and Putin and have a meaningful discussion of history and how to move the world forward. Until then he and that other mutt Kerry need to stop barking and let the EU and the East Slavs peacefully resolve their differences.
@@@@President Barack Obama has said Russia is "on the wrong side of history" in Ukraine and its actions violate international law.
Absolutely devastating for BTC after the MtGox fiasco... NOT. You and your new buddy trollazz continue to underestimate the power and resilience of BTC in the face of adversity. Remind me again... what price did you close out at?
Lean and mean homebuilders... making more with less.
@@@@@PulteGroup upgraded to Buy from Hold at KeyBanc KeyBanc upgraded PulteGroup due to growing earnings and cash flow driven by cost efficiencies. Price target is $26.
And Iceland is set to launch auroracoin.
@@@@A team of Icelandic cryptocurrency enthusiasts is gearing up to launch an altcoin designed specifically for the population of Iceland. Auroracoin is a litecoin-based digital currency, 50% of which is pre-mined. This is where it gets interesting: the pre-mined coins will be distributed to the entire populace of Iceland starting on 25th March. Each one of the country’s 330,000 citizens will receive 31.8 auroracoins.
Impossible to grab the cash obviously... but you can seize the hard assets on the ground... buildings, factories, mines, inventory, etc..
Putin never really liked Yanukovich. But I think he has the hots for the gas princess so if Ukraine elects her maybe all will end well.