I don't see how Bill Gross leaving Pimpco should have any effect on NCV. As far as the NAV decline it looks like a lot of funds are in the same boat. Not sure why that should be. I can see how news can effect share price but NAV is a financial factor. Maybe it's all the FED talk about rate hikes.
Looks like they did it again. The name is #$%$ Bakeries. #$%$. B/I-M.B*O.
That should drive them crazy.
It's not any police it's just an algorythm that flags certain words. My post on another board was canaballized when I wrote about #$%$ Bakeries.
Low grain prices have the opposite effect on livestock prices short term because farmers would rather feed the grain than sell it at a loss. Therefore, livestock prices tend to rise as grain prices plummet below break even. The demand for livestock goes up as the supply goes down. Farmers without livestock need them to consume the grains they are swimming in and farmers wont sell them when they can feed them so cheaply.
If I were a hog farmer with a silo full of corn I would be buying as many pigs as possible to eat all that corn rather than giving it away at a loss and I would have lots of competition at the livestock auctions.
What are you going to do if MCP goes BK? Do you have any other stocks to bash? Maybe you can finally take that vacation you always wanted, or spend more time with the family. Oh wait, you're probably all alone in the world otherwise how could you spend so much time on some dumb yahoo msg board. How much do you get per post from the boiler room you work for?
All 3 decisions could send a lot of revenue directly to the bottom line. Avoid the cost of 2 expansions and keep the wolves from raiding the piggy bank.
I haven't seen such AH action in years.
Thanks yahoo for screwing up the name of the bakery. For anyone curious it's B,I.M-B,O
In case you're wondering just who TH #$%$ Bakeries is:
"#$%$ Bakeries USA operates over 70 bakeries and distributes leading brands such as Arnold®, Ball Park®, #$%$®, Boboli®, Brownberry®, EarthGrains®, Entenmann's®, Francisco®, Freihofer's®, Iron Kids®, Marinela®, Mrs Baird's®, Oroweat®, Sara Lee®, Stroehmann®, Thomas'®, and Tia Rosa®. The company operates over 13,000 sales routes. #$%$ Bakeries USA is headquartered in Horsham, Pennsylvania, and is the U.S. Division of Mexico's Grupo #$%$, one of the world's largest baking companies with over 126,000 associates and operations in 19 countries throughout the Americas, Asia and Europe. Its stock has been trading on the Mexican Stock Exchange since 1980 under the ticker #$%$."
From #$%$'s website.
The QTR was terrible and I bailled yesterday at $10.30 for a short term loss. I don't see the point of tying up funds in something that doesn't pay any dividend and has no hope of getting back to where it was last November. This thing has lost almost half its value in the last 9 months. Facts are facts.
This was probably the reason for the Q2 report delay. IMO it's always good news when some entity takes a big stake in a company. It wouldn't surprise me if some insider trading went on or maybe the delay was orchestrated to give BD time to pick up more shares on the cheap. When I learned about the delay I half expected something was up.
I think I'm going to put you on ignore. You're just a basher from another company/country trying to inflate your interests by knocking everybody else down, kind of like an executive on the corporate ladder who gets ahead by bad mouthing his co-workers. Besides that half the statements you make aren't even true. I'm just sick or reading your tripe.
the stomach of an animal (such as a cow or ox) that is eaten as food
: something that is worthless, unimportant, or of poor quality
First I get this: "DJ United States Steel Cut to Hold From Buy by KeyBanc Capital Markets"
Then I get this: "DJ CORRECT: US Steel Raised to Buy From Hold by KeyBanc Capital Markets" in the same second!!!!!!
Is someone playing games or are they just incompetant, or what? Is it any wonder people discount the utterings of these people? Who the heck is Keybank anyway?
They have no exposure to Argentina default issue.
All I know is I'm glad I covered my small short position on the 14th. I had a feeling I was going to get taken to the woodshed if I hung on. Dodged a mortar round.
I don't know.
Here is another interesting tid bit.
"Corn Planting and Harvest Seasons
By Chuck Kowalski
Corn crops around the world have their own unique production cycles of planting and harvest timeframes. Below are the window of opportunities for planting and harvesting corn crops within each country. Grain prices tend to fluctuate the most during the growing seasons, as supply expectations can shift significantly due to planted acreage, weather and growing conditions.
In the United States, most of the corn crop is grown in the Midwest. Typically, the southernmost areas will begin planting first and then the most northern areas will begin planting as the snow is gone and the soil is thawed.
United States (39 percent of world production)
Planting: Corn crops are planted beginning in April and last into June.
Harvest: Corn is mainly harvested in October and is finished by the end of November.
China (21 percent of world production)
Planting: Corn is planted in mid-March through early June.
Harvest: August through October.
European Union (8 percent of world production)
Planting: Mid-April through early June.
Harvest: Mid-August through late October.
Brazil (6 percent of world production)
Planting: Early August through November.
Harvest: February through May.
Argentina (3 percent of world production)
Planting: October through November.
Harvest: March through May.
So, Whatever corn there is, either growing or in storage, is all there is until NEXT October 2015.
In the spring of 1981 corn was $3.40/bu. That doesn't include any adjustment for inflation either. If you factor in inflation, the same bushel of corn today would cost $9.18. Also, don't forget that there was no ethanol indistry. This morning a bushel of corn will cost you $3.78 The last time CORN was this cheap was in July 2010. With all the unrest in the world, the demand for food can only grow and it all starts with corn.
I had a corn crop 1 year and by fall harvest the price went so low it was almost not worth bringing it in. Farmers were chopping it up for silage. The price of livestock went through the roof because people decided it would be better to feed it than sell it. I kept it all and used it to feed to my hogs.