Really? The takeaway here is that the CEO and direectors can go to Disneyland with their kids now?? Wow. I have an idea for ya you #$%$ dikks.... Forget Disneyland and go to Cuba instead... ya know, go see the mines and processing plants and oil rigs and talk to the managers that run them! That's what shareholders pay you to do, NOT go to #$%$ Disneyland
@@@@@Moves by the U.S. to normalize relations with Cuba raise the prospect of lower costs for Sherritt International Corp. (S)’s nickel and energy operations on the island. It may also mean fewer travel restrictions for its directors. “That would certainly be desirable,” Chief Executive Officer David Pathe said today in an interview. Pathe is among several people at Toronto-based Sherritt barred from entering the U.S. under the 1996 Helms-Burton Act, which hardened trade sanctions against Cuba. President Barack Obama today announced measures to loosen trade and travel restrictions and said he will work with Congress to lift the full embargo. While a timeline for such a move is as yet unclear, it would allow Sherritt to buy American mining equipment, sell nickel and cobalt in the U.S. and access more investment there, Pathe said. The travel curbs don’t affect Sherritt’s operations but they do have a personal impact on some people at the company because they can apply to spouses and children, he said. “It means you’re not taking your kids to Disney World for March break,” Pathe said by phone. “It’s an inconvenience.”
Sorry beachball, I had to put you on ignore a while ago... the cheerleading was just getting excessive,. If or when I see some REAL sales news come out of this company II'll give it a second look. Until then I say it belongs in the dumpster for obvious reason...
He hasn't delivered for several quarters now... still waiting for a sales contract to be announced instead of just promotional news and case studies. Needless to say I am not impressed. I think DATA and SPLK will succeed and DWCH will fail. DataWatch? More like DataDump.
Correction... never said I didn't buy and sell it. But I didn't daytrade it since that was never my objective with MTL. You the appl guy sure gave the impression that was your intent with OGZPY but you both lack the conviction.
I never said I buy and sell it t fool. I don't daytrade. I bought and sold partial positions in MTL probably a dozen times over that period. I've done the same with NILSY and that stock has made Russia a very profitable venture for me despite the poor results with MTL.
You know nothing about what conviction means. You simply go into a stupid panic mode based on what I read here the last few days. Screw u.
I have told you repeatedly that I have lost nothing on MTL over a period of 7 years, and you continue to speculate otherwise. I don't care what kind of trader you are... Keep on analyzing this to death for all I care... trade it too. That does not change fact that you have weak conviction or poor judgement.
Amazing... you and that aapl guy analyze this to death, go long with w multi-year holding timeframe, knowing fully well the risks of investing in Russia, then when a short term bump in the road (aka oil price crash) appears you lose all conviction and are ready to pull the plug. Unreal.
I've held SHPG for many years. Typically they offer ~50% premium over the price of the stock before news breaks out on a potential acquisition (see VPHM offer that was their latest purchase). So I'd give this a $45 target based on this historical perspective. Obviously if they choose to wait util after the FDA decision, then the takeout could be significantly higher or even no offer at all. Personally, I think SHPG will make an offer before the FDA ruling.
@@@@The purchase price of $50 a share is a 27% premium to ViroPharma's closing share price on Friday and a 64% premium to the price in September before speculation of a deal emerged.
How convenient... shut down trading in RUB-USD at the most opportune moment for those who want to go long.
@@@@@The volatility is proving too much for some brokers. New York-based FXCM Inc., the third-largest currency broker for retail clients, will stop offering the ruble versus the dollar and begin closing its customers’ trades while Alpari UK stopped clients from taking new positions. Bloomberg Tradebook, a unit of Bloomberg LP, has also halted all trading in the ruble, a spokeswoman said.
I told you many times already DNDN is a DUD. Better get an ADHD prescription from SHPG pronto there Loony.
So still sticking by your prediction of AIXG going BK by 2015 then huh? Promises, promises, promises that's all I ever hear from you... sheesh
Well today I decided to sell part of my holdings in ENF.TO. I very much like the company but the price has reacted more strongly than I think is justified at this early stage, and I wanted to rebalance a bit. I hold TRP and PBA along with ENF.TO in pipelines and BCE and MBT.TO in telecoms. Will look to buy more MBT.TO
As I understand it, polyethylene (PE) can be produced from ethane or from oil. Those who manufacture it from ethane are favored when natgas (or more specifically ethane) prices are low and oil prices are high. Those who use oil as the input benefit most from the reverse situation. That said, it appears that DOW sees minimal impact from feedstock price trends and views PE supply-demand, specifically a tight PE market here in the USA, as the near-term profit driver.
@@Polyethylene is derived from either modifying natural gas (a methane, ethane, propane mix)
or from the catalytic cracking of crude oil into gasoline.
@@Dow expects strong PE margins despite lower crude Houston, 13 November (Argus) — Even as lower crude prices put pressure on ethylene margins, Dow expects polyethylene margins to remain healthy because of tight inventories in the US, Jim Fitterling, Dow's vice president of business operations, said today at an investor forum in Houston. "Oil does put pressure on ethylene," Fitterling said. However, with no new derivative plants built in the US for the past 10 years, polyethylene supply remains tight, he said, adding that supply demand fundamentals, rather than feedstock costs, will drive US polyethylene pricing. "Delivery capacity is what is driving the pricing power today," Fitterling said. "That is going to be the case until you see the new capacity come on." Dow and its competitors are building new ethylene crackers and expanding existing facilities on the US Gulf coast to take advantage of cheap ethane feedstock. Derivatives units, including new PE units, are expected to follow. While often lower crude prices cause PE buyers to pull out of the market to wait for possibly lower prices, Fitterling said that has not occurred so far. "Inventories have been tight all year. I haven't seen any change in that," Fitterling said. "Order patterns are strong."
First time I see OGZPY specifically mentioned as a target. I am quite frankly amazed that Obama signed off on this law, as it places the USA in potential conflict with the EU interests.
@@@@The legislation also authorizes, without requiring, the president to impose sanctions on international companies that invest in certain types of unconventional Russian crude oil energy projects and to further restrict the export of equipment for use in Russia’s energy sector. And it authorizes the president to bar investment or credit to Gazprom, the Russian state energy giant.
@@@@The White House has been concerned that the new legislation would go beyond what the Europeans are willing to do and would contradict his own policy preferences for how to handle the showdown with Moscow. Mr. Obama has opposed sending weaponry to Ukraine on the grounds that it would only exacerbate the conflict against pro-Russian forces in its eastern regions.
Let the poor Loony dream. I wonder why the RCB is wasting valuable USD reserves buying gold and RUB instead of much more precious palladium from themselves aka NILSY?
Interesting. I am not crazy about owning the whole index though... I only hold two Russian stocks long-term... NILSY and a little bit of OGZPY. Added some NILSY yesterday.
If I was the head of the RCB, I would announce that effective immediately, the Bank will buy ALL currently uncontracted palladium produced by NILSY (annual Pd sales $2B) at fixed USD prices ($800/oz sounds reasonable). At least that way, the foreign reserves would stay in Russian hands, they would build a reserve of a useful precious metal (as opposed to gold), it would put a big squeeze on world Pd markets and the auto industry (NILSY produces 40% of the world's palladium), and the Bank might even gain some extra leverage to buy RUB with proceeds from Pd sales later on as Pd prices moved up.... just sayin'