That's how the big boy's make $$$. They trash it, then consume it, then dump it. Then they repeat that process over and over again. Stock will not make a steady run up until Zuck creates "real" value outside of the advertising business. IM will not be all in until that happens, and that time is coming. You will be able to buy FB real cheap if we ever have that all anticipated correction. After that you can sit back wait a couple of years and at least triple your $$$.
Stock has enough bad press for IM to continue to accumulate until Zuck puts the entire plan together. Its like a good white rapper; give him enough time he will finally make it.
You need to see between the lines of the report. Total cost is really all that matters and right now it is more than the price of Gold. It's obvious they are in a negative cash flow. The question is how long can they last? If PM prices do not improve I see a sub $ stock.
I have a small long position. I know this is a dog, but MUX used to be a great trade. Never have thought of it as a long term play, but it was tradable at one time. Now its mainly a south bound train to nowhere. Out of AUY, HL, NEM, TC, and MUX is by far the worst and it should be the best, but there reports are very misleading. I was just pointing it out to others. I also have a small position in HL and AUY. None will do much anytime soon, but I hold them anyhow. MUX was a great short play a while back and will be again if Gold continues on its southward trek.
It's got to be close to the end. I have never seen so much blatant disregard for Math in my entire life!!! No one cares that we will soon fall off a cliff.
Your right...Fixed all the way!!! Soon we will fall off a cliff, but by that time they will all be gone counting there billions, which are actually ours along with Ben's almost free money!!!
That total costs $1507 per ounce of Gold? They only have 5.5 million in Gold/Silver bullion? Cash flow is down 10 million? Total cash is 50 million? Did we not have 77 million a year ago? If these numbers are correct then the current mining operations is in a pretty bad negative cash flow. Is that the current state? Why are other Miners net cost are $900-$1100 and MUX is $1507. Did I read the report wrong? Here is the statement (verbatim):...Total sustaining costs totaled $1,507 per gold equivalent ounce. Costs increased due to development being ahead of schedule.
That total costs $1507 per ounce of Gold? They only have 5 million in Gold/Silver bullion? Cash flow is down 10 million? Total cash is 50 million? If these numbers are correct then the current mining operations is in a pretty bad negative cash flow. Is that the current state? Why is other miners at a yet cost of 900-1000 and MUX is $1507? Am I reading the report incorrectly?
Initial Claims (Pathetically a tiny bit positive news, yet overall still bad news). Who is going to hire with these and other numbers looking the way things do. Inflation numbers are a joke. Been to the store lately? 50%-100% jump in last 6 months on some items and is only going to get worse.The only good news is patchy housing market, but even that has been squeezed slower lately.
8:30am Initial claims May 11 10:00am Philadelphia Fed survey May Auction 10-Year TIPS 9:55am Consumer sentiment May preliminary 10:00am Leading indicators
A lot of foods has doubled Grapes +200% Apples +125% Bananas +100% etc...etc...etc. Gas alone up +25% just this month. Have you been to a Home Depot or Lowe's lately? Household items and supplies have skyrocketed. Two percent???....RIGHT!!!
I see a dragster at 300 miles an hour with a brick wall less then 20 feet past the finish line, yet they are still trying to break the World record. We need way more than 20 feet to stop, yet no one is slowing down. Is the correction even going to happen or is it the fall off a cliff scenario?
Can one of you longs explain how QE can last this long and still be good? Even the reports are turning down, yet the market still marches North!!!???How??? Is math still math?
Well there is no doubt that we will get hit hard soon. Another bad consumer report, and nothing. They are trying to sucker as many people back in before the trap door is opened!!! I have never seen so much bad, yet a VIX looks like everything is rosy!!!
A major crash that we may not be able to recover from. I have been told that the only reason we have not had a correction yet is because there is not enough suckers in the market yet.
Consumer borrowing in the U.S. climbed less than projected in March as Americans reduced credit-card purchases for the first time this year. Just one bad report after the next. Has anyone looked at the true inflation rate lately? Last month I bought $32.61 dollars worth the groceries. I bought the same groceries yesterday and it cost me $35.26. It may not look like much, but do what I did and you will see what I am talking about. The underlying problem is the US dollar is losing value on a daily basis. Because of manipulation you may not see it much right now, if you short the US dollar. Soon they will not be able to manipulate it so easy and it will start dropping like a rock. Do your own check?...It's troubling!!!
Total consumer credit in the United States expanded 7.8 percent at an annualized rate – or $18.1 billion – in February, ahead of expectations of a $15 Revolving credit – credit cards and the like – rose 0.8 percent at an annualized rate to $848 billion in December. Non-revolving credit – auto loans and the like – increased 10.9 percent at an annualized rate to $1.95 trillion. The rate of expansion in total consumer credit was up significantly from January, when credit expanded $12.7 billion.
Read more: http://www.businessinsider.com/consumer-credit-february-2013-4#ixzz2SbVJFztD