Today the book value if $5.22 and climbing and the PEG ratio is a ridiculously low 1.08.
You should be backing up the truck and loading shares instead of trolling for Mattel and
If you are never "investing in LF again" why do you post on its message board?
you are about to get one
Abx is NOT "flat". It's up on the day after opening lower. But it did underperform relative to the price of gold and certain other miners.
PE and PEG ratios are very high. Revenues and earnings are showing nice growth but not the sort of
explosive growth one would associate with a stock having such a high PE ratio. I've owned Rkus but have bailed. Management is not giving explosive growth guidance, and insiders seem to be selling their option-acquired stock as soon as they exercise the options. So that is not encouraging. May nibble at the stock around 12 and would be a long term buy and hold in size around 10 if it falls that far.
The info says 2,231,305 shares sold at $0.0 a share on November 4. First of all,
that is MORE than the volume reported for the stock on November 4. There was NO
open market sale at $0.0 or any other price. It was just a distribution of shares from an LLC to the LLC's shareholders.
Before you start posting #$%$ like this, find out what is actually going on please.
White House, Republicans bicker, impasse drags on
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Follow Yahoo News on Twitter and become a fan on FacebookTop Stories on FacebookYahoo News on TwitterxContent preferences Done US President Barack Obama at the White House in Washington, DC, on October 9, 2013 .View gallery
. . . .
AFP Stephen Collinson 1 hour ago
Washington (AFP) - Sniping between the White House and Republicans plumbed new depths of pettiness Wednesday, with no progress evident toward ending a standoff which closed the government and could spin the United States into default.
Nine days into a government shutdown and eight days before a deadline to raise the US debt ceiling, Washington was stalemated, with neither side ready to climb down from entrenched positions.
President Barack Obama sat down with House of Representatives Democrats and invited all other lawmakers to the White House to discuss the crisis in the next few days.
But Republicans, saying Obama's invitation was a waste of time if he would not negotiate, said only party leaders, and not the rank and file of their restive caucus would show up at the White House.
There was public outrage meanwhile over the plight of families deprived of death benefits for military members killed overseas since the shutdown started, before a charitable organization stepped up to fill the funding gap.
View gallery."US House Minority Leader Nancy Pelosi walks out of …
US House Minority Leader Nancy Pelosi walks out of the West Wing of the White House following a meet …Washington is lurching ever closer to an October 17 deadline to raise the US government's statutory borrowing limit. Failure to do so could see the country default on its obligations for the first time in history.
The Organization for Economic Cooperation and Development (OECD) warned Wednesday that a default could throw most of the world's major economies "back into recession next year" and badly damage emerging nations.
The US government, has largely been shuttered for nine days, after Congress failed to agree on a budget to finance operations by an October 1 deadline.
Warning he would not be held to ransom, Obama has said he will refuse to negotiate with Republicans on long term budget issues until the debt limit is lifted and the government reopened.
Republican House Speaker John Boehner, however, will not take either step until Obama offers concessions to his House Republican caucus.
View gallery."US Speaker of the House John Boehner speaks at the …
US Speaker of the House John Boehner speaks at the US Capitol in Washington, October 8, 2013 (AFP Ph …A spokesman for Boehner said that the talks at the White House would only be worthwhile if a solution was on the agenda.
"That's why the House Republican Conference will instead be represented by a smaller group of negotiators, including the elected leadership and certain committee chairmen," said Boehner spokesman Brendan Buck.
White House spokesman Jay Carney said Obama was "disappointed that Speaker Boehner is preventing his members from coming to the White House."
"The President thought it was important to talk directly with the members who forced this economic crisis on the country about how the shutdown and a failure to pay the country’s bills could devastate the economy."
While both sides are locked into their positions, and no in-depth negotiations are taking place, there were some signs of political maneuvering Wednesday that could indicate key players are looking for an endgame.
View gallery."Protesters hold signs urging the US Congress to end …
Protesters hold signs urging the US Congress to end the federal government shutdown on October 9, 20 …Republican Paul Ryan, a conservative chieftain in the House, weighed in on the debate with an op-ed article in the Wall Street Journal, rebuking Obama for not negotiating over the debt ceiling -- saying presidents had repeatedly done so in the past.
The Wisconsin congressman and 2012 vice presidential nominee called for a wide discussion about budgetary policy, and offered Democrats a conversation about reining in some spending in return for concessions on the funding of social programs.
While the article broke little new ground, it did not mention defunding Obamacare, the president's legacy-enhancing health care law which Republicans have been trying to cripple in return for opening the government or raising the debt ceiling.
Lawmakers were also Wednesday chewing over Obama's offer to accept a short-term extension to the debt ceiling and temporary government financing to forestall the immediate crisis, which has sparked alarm over possible economic impact globally.
Chris Van Hollen, a senior Democratic congressman, said there was a "little glimmer" of hope for a way out.
View gallery."A lonely supporter of US President Barack Obama displays …
A lonely supporter of US President Barack Obama displays a placard in front of the White House in Wa …"It depends on whether Republicans on the Hill are willing to ... jump on it," Van Hollen said on CNBC.
It is unclear, however, whether Boehner has the votes within his own party to push forward a short-term solution.
The Republican speaker has been unwilling to rely on Democratic votes to build a majority in the House, apparently fearing a backlash from conservative Tea Party members who could put him out of a job.
Obama, meanwhile, demanded action after learning that relatives of service members killed in Afghanistan since the shutdown began had not received $100,000 in death benefits.
"The president expects this to be fixed today," White House spokesman Jay Carney said, though he refused to say when Obama found out about the issue.
The Pentagon said later that a private charity, the Fisher House Foundation had offered to fund the death benefits and would be paid back when the shutdown ends.
Defense Secretary Chuck Hagel expressed disgust that political deadlock in Congress had forced the extraordinary step.
"I am offended, outraged, and embarrassed that the government shutdown had prevented the Department of Defense from fulfilling this most sacred responsibility in a timely manner," Hagel said in a statement.
There is "news" that the President has invited the whole Congress to come talk to him, a glimmer of "hope" that the stalemate can be thawed.
Then Boehner's press secretary whines that this will be pointless unless the President has a solution, so only the House leadership and some committee chairs will attend. The President's press secretary rejoins that the President is disappointed that the Speaker is "preventing" his House Republican colleagues from coming.
Talk about completely sabotaging the conversation before it even starts!
There are no adults left if Washington.
This stalemate is going to persist right up to the brink of the default date, and the market will not tolerate it well over the next couple of days imo.
By Jonathan Karl
Oct 9, 2013 2:13pm
The top four leaders of the House of Representatives met behind closed doors in the Speaker’s office today to discuss the shutdown showdown, which has dragged into its ninth day.
House Minority Leader Nancy Pelosi says House Speaker John Boehner asked for the meeting, which began around 11:15 a.m. and ended about 40 minutes later.
A top GOP leadership aide says Boehner invited Majority Leader Eric Cantor to join the meeting, and House Minority Whip Steny Hoyer also accompanied Pelosi, placing the House’s top echelon of leadership together behind closed doors for the first time since the shutdown began Oct. 1.
Oddly, Republicans said it was Pelosi who had requested the meeting, which seems to have been unproductive.
“Reps. Pelosi and Hoyer asked for the meeting, and as we’ve stated publicly, we’re willing to meet with any Democratic leader who is willing to talk,” Boehner spokesman Michael Steel told ABC News.
Still, spokespersons for each leader would not reveal many details about the meeting, but Pelosi released a statement indicating it did not move either side closer to ending the shutdown stalemate.
“Yesterday when I was asked by the Speaker to meet today, I was hopeful he was going to offer a proposal that would allow us to re-open government, avert a default that would harm the full faith and credit of the United States, and take us to the budget conference table,” Pelosi, D-Calif., wrote in a statement after the meeting. “Whip Hoyer and I reiterated that there are 200 Democratic votes to accept the Republican budget number of $986 billion to re-open government, and that we would agree to smooth the path to a budget conference. We were disappointed the Speaker did not take ‘yes’ for an answer.”
After the huddle concluded, House Speaker John Boehner went to the House floor to rip into Obamacare.
“Our message in the House has been pretty clear. We want to reopen our government and provide fairness for all Americans under the president’s health care law,” Boehner said during his floor speech. “What a train wreck. How can we tax people for not buying a product from a website that doesn’t work? How can we give big business a tax break and leave hardworking families out in the cold? This is why we need to sit down and have a conversation about the big challenges that face our country.”
Cantor’s Deputy Chief of Staff Doug Heye indicated the meeting was a positive development, commenting that “Leader Cantor wishes that [Senate Majority Leader Harry] Reid would follow the lead of his House colleagues and engage in bipartisan discussions.”
At 4:30 p.m. this afternoon, the entire House Democratic Caucus is invited to the White House to meet with President Obama to discuss the shutdown.
A smaller team of Republicans is poised to meet with the president on Thursday, after Speaker Boehner rejected the president’s invitation for the entire House Republican Conference.
“Nine days into a government shutdown and a week away from breaching the debt ceiling, a meeting is only worthwhile if it is focused on finding a solution. That’s why the House Republican Conference will instead be represented by a smaller group of negotiators, including the elected leadership and certain committee chairmen,” Boehner spokesman Brendan Buck said. “It is our hope that this will be a constructive meeting and that the president finally recognizes Americans expect their leaders to be able to sit down and resolve their differences.”
Though SPY was nominally up on the day, we got a lower low and lower high relative to the prior day. So Downtrend remains on track. Moreover, afterhours are negative so far. Absent news of a breakthrough, downside pressure will continue heading into the weekend imo.