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Ancestry.com Inc. Message Board

iamnathan 43 posts  |  Last Activity: Dec 21, 2014 8:04 PM Member since: Dec 16, 1999
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  • Reply to

    What I plan on doing here

    by kbonse Dec 19, 2014 10:26 PM
    iamnathan iamnathan Dec 21, 2014 8:04 PM Flag

    You wrote, " I will consider buying if we head lower than $3 a share. (Strictly because buying more here will throw my portfolio out of balance) Looking to add financials and depressed oil instead."

    My advise is to buy one or more of the smaller O&G companies that have had their SP beaten down, yet still have good fundamentals including their book value.

    O&G will always go back up, so the SP of those companies will also go back up, OR, they might receive an
    acquisition offer above your purchase price from another company.

    An example: I own 1,000's of shares of TLM. Spain's Respol has made an offer to buy TLM for $8 U.S. per share, plus acquiring their debts.
    The BOD of both companies have approved the purchase, so now it goes out to a vote by the shareholders.

    There will be more mergers and acquisitions made while the currently low price of oil has depressed the SP's of most O&G companies.

    BUY when there is fear and the market is scared and selling.
    SELL when there is too much buying and greed.

    GLTA, Happy Holidays and Happy New Year !

  • Reply to

    Opinions on why BYDDF is falling every day ?

    by iamnathan Dec 17, 2014 12:12 PM
    iamnathan iamnathan Dec 19, 2014 3:41 PM Flag

    I didn't take advice from starteam, and you can keep your opinion to yourself, JERK-00F !
    Bah-Humbug and a SHlTTY New Year To You ! !

  • Reply to

    Opinions on why BYDDF is falling every day ?

    by iamnathan Dec 17, 2014 12:12 PM
    iamnathan iamnathan Dec 19, 2014 5:23 AM Flag

    I posted two articles under seperate topics on this board yesterday morning.
    BYDDF fell Big Time on the Hong Kong exchange yesterday.
    BYDDF shares on the Hong Kong shouldn't be affected by the strength of the US dollar.

  • Reply to

    BYD shares sink by a third in mystery sell-off

    by iamnathan Dec 18, 2014 5:41 AM
    iamnathan iamnathan Dec 18, 2014 3:57 PM Flag

    I can't remember if Buffet's stake was private or through common shares.
    If it is in common shares, he may have to file a SEC Form 4 within 3 days of the sale of shares?
    Then again, being that it's a Chinese company, I'm not sure if the same rules apply, although it does trade on our markets through an ADR.
    I would hope that Buffet is honest and moral enough to make it be known if he has sold part of all of his stake regardless of whether he is required to do so !

  • Reply to

    Speaks with fork tongue

    by snugplug Dec 3, 2014 6:02 PM
    iamnathan iamnathan Dec 18, 2014 3:51 PM Flag

    The factory is in Plamdale to build the buses they've sold to L.A. and to other local municipaliites if they get purchase orders from them. They also have offices and a showroom with models of their cars in L.A. I haven't driven to L.A. to check out the showroom.

  • Reply to

    BYD shares sink by a third in mystery sell-off

    by iamnathan Dec 18, 2014 5:41 AM
    iamnathan iamnathan Dec 18, 2014 3:44 PM Flag

    Please provide verification that Buffet is bailing. Thanks

  • December 18, 2014 9:59 am
    BYD shares sink by a third in mystery sell-off
    Tom Mitchell in Beijing

    Shares in BYD, the Chinese electric car company part-owned by Warren Buffett, fell as much as 47 per cent during a bout of panic selling.

    BYD’s Hong Kong-traded shares rebounded partially in late trading to close down 29 per cent, at HK$25.05, on Thursday. Trading volumes were very heavy, at 40 times the previous day’s 15-day moving average, according to Bloomberg data.

    In a statement issued after the market closed, the company’s board said it was not aware of any reason for the sharp sell-off.

  • Chinese Electric-Car Maker BYD's Shares Plunge

    DOW JONES & COMPANY, INC. 12:27 AM ET 12/18/2014

    SHANGHAI--BYD Co.(BYDDF), the Chinese electric-car maker backed by U.S. investor Warren Buffett, saw its shares fall more than 40% on Thursday amid a worsening outlook for the Chinese car market and lower oil prices.

    The reason for the sharp drop wasn't immediately clear. A BYD spokeswoman said the company's operations remained normal and that it didn't see an explanation. "Everything's well," she said. "I think it's market behavior. We'll pay attention to it."

    BYD's shares gained a bit back later Thursday, and were trading late in the session at 25.20 Hong Kong dollars, down 28%.

    A 50% drop in oil prices over the past six months has pressured green stocks in a number of areas.

    The company also has been beset by rising competition for its conventional, gasoline-powered cars. In October it reported a third-quarter profit drop of 26% and said it expects this year's profit to fall by up to 22%. Auto sales growth in China has slowed in recent months amid a broader drop in China's economic momentum.

    Mr. Buffett's investment vehicle, Berkshire Hathaway Inc.(BRK/A), owned a nearly 25% stake in BYD as of Sept. 30, according to FactSet. The spokeswoman said the company didn't think the drop was related to Berkshire Hathaway(BRK/A).

    (END) Dow Jones Newswires 12-18-140327ET

  • Reply to

    Opinions on why BYDDF is falling every day ?

    by iamnathan Dec 17, 2014 12:12 PM
    iamnathan iamnathan Dec 17, 2014 4:27 PM Flag

    " no point selling now just hold on and see what next year bring.."
    You advised me to hold on Sept 17th.
    Had I sold at that time I would have made an extra $2.38 per share, which is over 50% higher than today's SP !
    I'm not blaming you, as I should have made up my mind and just gone ahead and do it already! I could have always bought back later, although I doubt that I would have done so !

  • Hello fellow suffering shareholders, I have owned BYDDF for more than 3 years, and am very disappointed in their poor performance !
    They have a lack of focus, direction and promotion of their business model, technologies and products.
    They have changed their focus between electric cars, car batteries, electric buses, and commercial size battery modules to store power from solar or to recharge from the grid and night for use during the day for use at
    businesses and homes, etc.
    They seem to want to be a Jack of all technology, but are successful in none !
    The SP has suffered a lot due to the lack of focus and resulting lack of profits.
    Around Sept. 17th I was considering whether to sell part of all of my positions in BYDDF.
    On that day the SP was $6.93, today it is $4.55 ! - {:-( - Waaaa...

    I wonder if the SP has dropped more recently due to the China and Hong Kong exchanges being opened to foreign traders?

    Any opinions on what the F is going on here?

    TIA and GLTA !

  • Reply to

    Nice Xmas present Wang lol

    by basey_333 Dec 17, 2014 2:00 AM
    iamnathan iamnathan Dec 17, 2014 11:46 AM Flag

    This has been a consistent year for BYD. The share price has been consistant in dropping ! - {:-( . Waaaaa...

  • Reply to

    would this piece of news help BYD at all?

    by starteam003 Sep 17, 2014 8:28 AM
    iamnathan iamnathan Dec 15, 2014 12:32 PM Flag

    I sure wish I had acted on my instincts and sold on Sept 17 !
    The SP was traded between 6.92 and 6.95 that day on 33,800 shares. Th SP has sunk to $4.86 at the moment. (per Fidelity)
    It seems that BYDDF has been sinking since the Chinese Stock Markets were opened to foreign traders ?

    Does anyone know why YahPoo shows the BYDDF at $6.95 with NO Volume ?
    Fidelity shows $4.86 with 31,184 shares traded so far today.

    TIA

  • Shore Gold Inc. Announces Bought Deal Private Placement Financing
    CANADA NEWSWIRE 1:10 PM ET 12/11/2014

    Stock Symbol: SGF: TSX

    SASKATOON, Dec. 11, 2014 /CNW/ - Shore Gold Inc.(SHGDF) ("Shore" or the "Company") is pleased to announce that it has engaged Canaccord Genuity Corp. and Mackie Research Capital Corporation (the "Underwriters") to complete a private placement financing (the "Offering"), on a bought deal basis, of approximately 14.6 million Flow-Through Common Shares of the Company at an issue price of C$0.25 per Flow-Through Common Share for gross proceeds of approximately C$3.65 million.

    The Underwriters will have the option, but not the obligation, exercisable in whole or in part at any time prior to the closing of the Offering, to increase the size of the Offering by up to an additional C$3,000,000 in Flow-Through Shares at the issue price.

    An amount equal to the gross proceeds of the Offering will be used by Shore to incur Canadian exploration expenses ("Qualifying Expenditures") prior to December 31, 2015 for renunciation to subscribers of Flow-Through Shares effective on December 31, 2014.

    The Flow-Through Shares will be offered and sold by way of private placement exemptions in all provinces and jurisdictions of Canada, other than Quebec.

    The Offering is subject to certain conditions including, but not limited to, the receipt of all necessary regulatory approvals, including the approval of the Toronto Stock Exchange. Closing is expected on or about December 30, 2014. All securities issued in connection with the Offering will be subject to a four month hold period. The Underwriters will receive a cash commission of 6.0% of the gross proceeds raised in this private placement as well as 6.0% Underwriters warrants as additional compensation.

    Shore is a Canadian based corporation engaged in the acquisition, exploration and development of mineral properties. Shares of the Company trade on the TSX Exchange under the trading symbol "

  • Reply to

    SP is fluxuating up . . .

    by rehdvm2004 Dec 9, 2014 3:05 PM
    iamnathan iamnathan Dec 10, 2014 2:26 PM Flag

    What do YOU know about SGF, or Kensington Resources?
    Kensington owned MOST of the properties that SGF has been sampling over the years since it aquired Kensinton.

    I started buying shares of KRT back in 1994.

    I know more about the history, potential and other facts of this company than most people
    posting or cheerleading on Yahoo or other message boards !

    I'm not going top post a lot of particulars, but if investors, banks and other miners had the
    interest, trust and desire to be a part of this diamond mining project, this SP would not have dropped form a high of over $8 in 2006 to under 20 cents recently !

    If any of them are interested, look for the vultures circling above, because they'll just wait it out until Kenny and the Clowns run out of money.

    Then they'll swoop up the project for pennies on the dollar, (or the LOON), with or without a deal with King Kenny, and we the Long-Time Shareholders will more than likely be left with nothing or our shares will be diluted by so much that we will get the shaft, a shaft without any diamonds or value in it !

    JMHO, you may cheer on as you so desire.

  • Reply to

    SP is fluxuating up . . .

    by rehdvm2004 Dec 9, 2014 3:05 PM
    iamnathan iamnathan Dec 9, 2014 10:17 PM Flag

    Maybe Saskatoon will respond soon, but where oh where oh where will SGF get over a BILLION Dollars needed to do do before they even start the mining projects ?
    They need that money to buy or rent the earth moving and special equipment as well as to build the infrastructure, buildings and start of the mine that they need accomplished before they even start mining operations !

    It is unfortunate that Kenny MacNeill and his Clown are still in their positions of power and making the decisions !

    If anyone can delay this project and screw it up even more than it has been in the past, it would be those same Bozo's that have made those delay's and screw ups, all of which will more than likely be their future legacies ! !

    GLTAL, we'll be needing it ! ! !

  • iamnathan iamnathan Dec 4, 2014 5:52 PM Flag

    If all of us Long Suffering Shore Gold Shareholders aren't muscled out of a future mining operation, I hope that they find plenty of colored diamonds !
    Pink, red, blue, green, yellow, brown. etc !

  • iamnathan iamnathan Dec 4, 2014 5:48 PM Flag

    I'll also have hidden pockets in everything that I am wearing. Bling !

  • iamnathan iamnathan Dec 4, 2014 11:33 AM Flag

    I wonder if the SP will rise above $8, where it was in 2006 ?
    I dount it.
    Kenny and his clowns will probably sell part or all of the company for cheap, like they did to Newmont, or they'll dilute the heck out of the shares.

  • If so, where will SGF get the Billion Dollars PLUS they need to get this thing built to start mining?

  • OfficerTravel and Transportation Industry Veteran Brings Significant Experience with Complex Turnarounds and Record of Revenue Optimization, Operational Execution and Delivering Improved Results
    PR NEWSWIRE 1:25 PM ET 11/20/2014

    Sentiment: Strong Buy

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