stupid book of logic. I've gone full circle I guess. When I was a new investor 30 years ago I didn't realize that when things couldn't get worse, they would. And usually did. After a while I learned that. Today I learned that when things shouldn't get any better, they might.....
Just people, Dave. I for one never go back to a resturant which gave me food poisoning. Some folks switch to options when they figure out how dangerous it is to be long the shares with their own short horizon. Doesn't mean rumors are any less real or appreciated. Besides, according to the rumor, I might have an interest in the aapl chip to be replaced and the rumor obviously has not been digested by the street yet. So my hat is off to ndprops and it's time for me to go sweep a multi-bagger off the table.... it went long term a few months ago anyway.
Right, it's never what it appears. Hasn't been for a number of years. Forget the chart and just use the knowledge that a large manipulator controls the price. If you want to trade it you have to figure out on a daily basis how today's scam is going to work. It might be best to be short since the odds of a meltdown are much higher then that of a successful stock run with legs. Bluntly, I lean towards the thought it's a lot easier for little leader to run a pre-meltdown head fake then it is to put numbers on the board and pretend to do what we pay him for... to lead us to the promissed land.
A bit of stealth move going on. Maybe some funds sharpened their pencils over the weekend and figured out what we know. Or maybe Google is taking a position... put a bit of support under their pipsqueak partner. Or just maybe the shorts have attracted their worst enemy... hedgies with more money then them. Whatever, waking up short was not wise. One more day of this insanity and the squealing will begin..... bring it on.
You'd think so. But the truth of the matter is our fearless little leader never has and never will do anything to benefit the small shareholders. So you have to think your way through the game they are playing at the present. They have released good news previously which was right before a horrible cc. So obviously everyone knows the game's afoot and the stock barely popped ah. It could have risen 6.65 in ah based upon the magnitude of the future of a Google partnership on the future of the technology to be used in a multitude of applications for 3D mapping.
So lets see, the logical move is to dump the stock because they blew the quarter and they preceeded the bad news with the good news. We all know that. Maybe there is probably a trick in all this... like a wholesale stock dump and shares galore at cheap prices for those who know we will be receiving a hostile take-over bid quite soon. There must be a dozen giant companies with the money who would like to participate in this Google event. Personally, I'd love to sell our little leader and his options down the river and into a hostile environment.
Good try. lol ... Or maybe aliens kidnapped a frontloader with a full bucket of sand.
If the company had more followers it would have put in a V bottom and snapped back pretty quick after they ran down the stops.
I didn't see this dump on Friday but figure Monday morning is the last chance to get some dip shares. And that is why I never ever put in stops.... there are probably some po'd folks who lost their shares Friday.
I'd have to look back through the financials, but I recall the WLCSP purchase. OVTI was miffed about their packaging issues, maybe we had outrun our packageing partner's capabilities, so we bought a packager in China. I thought is was a larger percentage of the company then what they own now. Since the stock didn't move on the IPO, I assume we were scammed again by fearless little leader. Maybe he sold our interest to his Chinese cousin prior to the IPO, Anybody have any actual facts on what we sold in the IPO vs what we still own? Right, forget materiality, little leader won't tell us anything ever.
All true. But did they rip their britches with those 23% distributions and the cash reserve is too sucky for a shut-down-turn-around and now they're doing-the-hokey-pokey? See, I get a bad attitude about what's not said when they all get to prairie-dogging in the front office. Why give us back 18 centavos if they need cash to get on with the work. They can't say something..... or are us shrimp too stupid to understand. Or are they wanting to borrow more money from their favorite bankster. Guess I'll need to look into that.
Must be some good news coming. SNE is a junk stock. And staffed by quitters. Looks like OVTI is kicking their buts if SNE has to resort to their media empire to spread bogus rumors. And considering how aapl likes their confidentiality, I'm surprised aapl continues to let SNE leak their plans. It's not like aapl isn't known for ending close relationships with their vendors with flappy loose lips. And since SNE got tight with them, they have not launched anything with a aura of mystery. Duh 2 + 2 = Sony leaks.
It feels like we should get some news about the distribution soon. If the ALJ div is known.... what are they waiting on..... my birthday?
So out of boredom today I bought some units. Being a low volume day, seems doing the oppisite of everyone else usually turns out good for me.
If you google Alon Partners Distribution you will get the story. It's 6 centavos. Just 6. I don't know why it isn't a "press release" ... but they buried it in the news. I'm overwhelmed so far. Good to know the unit holders are a necessary evil.
Pretty weak. Maybe they plan to start paying monthly distributions.... lol. I guess the real question is how much taxable income are they sticking us with for Q4.
Sure is quiet for an earnings eve. At $0.62 I think we have a beat coming in the morning. Guess we will see. I'm not sure about the market though. Looks like Snidley and the Whiplash brothers, GS and JC, are up to their old tricks and scaring people. So I suppose the market response to our amazing QTR might be a bit muted.
The only prediction I'm buying into right now is Brent will weaken in February for a month or two and will rebound back into the 100 - 110 range. So maybe the turnaround is being timed to coincide with the crude weakness and expected lower pump prices.
Only the shorts express any concern about the payout ratio. lol......... Yea. Wow. They really squeal at distibution time.
".....how low will it go is the question......"
Just a wild guess but it seems like we are there for now. We are due a distribution announcement and if it's not raised this is about right for a little disappointment. But then we will need to do earnings and guidance. Earnings should be good but guidance will probably be a weather excuse. So it's a wash and we will sit here while we collect a check. Which is sort of the point anyway.
Bakken has been too cold and probably other fields took a vacation too. Spuds must be down. Trend is probably intact though. Anyway, why shouldn't the tree shakers and market makers get a little discount when the profit takers scratch their little itches. Never pay retail...
"Looks like the crooks at Goldman want to pick up some nxpi shares ..."
Right. That's my take too. I downgraded GS to stupid and sell the dips. Our forward multiple looks pretty solid and the China Mobile product might launch us to a momo pe of 60. Looks like a lot more upside potential then downside.