You remind of my neighbor who blames Obama for causing his new BMW to be totalled. He says he was trying to tune in to Rush Limbaugh on the way to work, took his eyes off the road for just a few seconds and wrapped his lovely 5-series BMW around a pole. The thing is he says he was so infuriated over the ACA, he wanted to get the straight story from his favorite show. Clearly, if Obama had not introduced Obamacare, my neighbor would still have his new BMW and not need to borrow his son's old Ford Fiesta. Now, that's a guy with a real gripe against Obama! BAC shareholders, not so much, not much at all I think.
It's a bit of a stretch to blame Obama here. I could more easily accept the Nigerian angle, you know the birther saga! Obama seems to be cause of every problem on the planet and the fact that the US economy is doing multiple times better than other developed economies is unrelated to his administration policies. It cannot be because, although we're not racists, we do hate the man!
Here's the story so far:-
The irresponsible investors in Countrywide, who put their money in for a high yield while failing to do their DD, have been completely rescued at the expense of BAC shareholders, who have lost the majority of their investment.
Now, once more, let's see if we can find another avenue to punish these unwanted rescuers. Lets' file another suit!
No, I don't remember that? Perhaps that was just another echo you heard in the Fox Echo Chamber and not something that ever happened?
No, I don't remember that? Perhaps that was just another echo you heard in the Fox Echo Chamber and not an actual piece of news?
I'm a shareholder in a company where the majority of shareholders have just expressed suicidal tendencies:-
"The stockholder vote is a definitive endorsement of our strategy, our team, the progress we've made to return the company to profitability, and the opportunity that lies ahead," said Synacor CEO Himesh Bhise. "We're grateful for the confidence from Synacor stockholders, both institutional and individual. With the overhang and distraction of the proxy contest now behind us, we will continue to focus on the work ahead to drive profitable growth and stockholder value."
The well-paid executives already in place need to do their jobs, not hire others with reputations that make them sound credible to do those jobs. Sync already has more than enough executines on the payroll.
The BOD needs go. Expecting the current BOD, whose decisions have destroyed Synacor in tha last 3 to 5 years, to succeed in the next 1 or 2 years is plain silly. If they knew how to succeed they would have.
Let's try a new board and see what happens. It's impossible for a new board to be worse than the existing board.
They simply don't have $16 of SYNC value to lose anymore.
Reflecting the BOD's desire to hold on to their seats after wiping out shareholders.
If promises were currency, shareholders would be swimming in profits instead of drowning in losses.
And that's reflecting the recent "progress" since August 14.
From July 2012, under the leadership of the current BOD, SYNC has dropped from $16 to today's pps of $2.50. That's a loss to shareholders of 84% of their investment in Synacor due entirely to the failure of the current BOD members.
It's many years past the expiration date on current BOD.
Vote your proxies accordingly.
Now that all the high-risk takers who bought shaky Countrywide bonds at high yields without ever establishing the actual risk they were taking on, have been repaid in full and with interest as if there was no risk, let's break up BOA, the bank who came to their rescue.
Is it too difficult for people to try to imagine what would have happened if BOA had been wise enough to bypass Countrywide? Must BOA be further punished?
Whenever I reas absurd posts like this I am reminded that in independent polls:-
They found that someone who watched only Fox News would be expected to answer 1.04 domestic questions correctly compared to 1.22 for those who watched no news at all. Those watching only The Daily Show with Jon Stewart answered 1.42 questions correctly, and people who only listened to NPR or only watched Sunday morning political talk shows answered 1.51 questions correctly. In terms of international news, people correctly answered an average of 1.8 of four questions"
Fox is the greatest dumber-downing influence in the United States.
Why would anyone opt to ve a stuck-in-the-mud, anti-science, conservative when they could be an intelligent progressing liberal?
I guess it creates balance but it sure lowers average intelligence rates
SOCHI, Russia (VN) — Russian President and known cycling fan Vladimir Putin has quietly nationalized the Tinkoff-Saxo team of Alberto Contador and Peter Sagan, disturbed by the lack of results it has garnered this spring.
“Tinkoff-Saxo has always been Russian,” the president said in speech to the Russian Duma, scoffing at the team’s Danish roots. “That means it has always been mine.”
Putin removed team owner Oleg Tinkov just days after Tinkov fired former owner and general manager Bjarne Riis. In a statement, Putin claimed that new management is “clearly required” to turn the team’s fortunes around.
“Two piddly wins? This is not enough. It is an embarrassment for Russia,” President Putin told VeloNews earlier this week. “I will personally see to it that the team is marched toward victory immediately.”
“Tinkov? Did he ever even own the team? Does anyone own anything like that? I don’t know. All I know is that I own it now,” President Putin said, astride a new Specialized Tarmac, at a hastily arranged team camp he had insisted on hosting at the Sochi Olympic village on Monday.
Speaking on condition of anonymity, a source close to the team also said that a deal was nearly finalized to buy out Sagan’s three-year contract and replace him with Andjei Prokhorov, the 21-year-old cousin of Russian oligarch Mikhail Prokhorov. The younger Prokhorov is said to be a budding cyclist with several amateur wins to his credit already this spring.
Meanwhile, satellite imagery has shown a buildup of troops on the perimeter of the Katusha team service course. Movement seems to have slowed following Luca Paolini’s win at Gent-Wevelgem on Sunday, though conflicting stories have surfaced that undermine official suggestions from Moscow that there is nothing unusual about the troop movements, nor any reason to be alarmed. One image clearly showed a fleet of Skoda vehicles, affixed with roof racks, gathered in a nearby parking lot.
Read more at http://velonews.competitor.com/2015/04/n
We trade YNDX in US dollars.
YNDX operates in Rubles
Russia is dependent on oil and has seen revs drop 50%
The Ruble is down 50% because of the oil price and Putin's foreign policies
Oil supplies continue to build with storage almost full
Last time supplies were this out of whack, oil was at $12 a barrel. Current price cannot hold.
Therefore oil price must fall
Therefore Ruble must fall
Therefore YNDX must fall
Yandex suffers collateral damage from a falling oil price and Putin foreign policy.
Unfortunate but reality!
Not at all. Saudi Arabia is compelled to put an end to Iran-backed Houthi rebels from toppling Yemen government. This will all be over shortly and the additional oil being pumped will simply increase the scale of the coming crash in oil. Storage is almost full. Price either drops to a point where demand catches up or , well there is no "or".
Despite the fact the current biotech shake-out has nothing to do with PACB, I believe Mr. Illogical Market will not be able to make that distinction. I think we see minimum mid 4's and then it will be time to make another decision. If only the impatient could have waited for better prices but, boys will be boys and impatience will no doubt be costly. What's new?
I guess a better question is:- what kind of idiots paid $30?