Not only is demand slowing and margins eroding on the company's products but they will take a GAAP mark to market loss on the ill-advised stock purchases from last quarter. This stock will be 14 and change when the earnings and guidance come out. If tyou like being in denial and losing money, hold this stock thru earnings. H-A-I-R-C-U-T
Paid to pump. Bad move to be associated with them. Pretty much every stock they have been paid to promote gets a little bump and then goes lower. I will not buy a stock in a comany that pays Red Chip to pump. Been there, blew chunks.
Not sure exactly what day, there is a lot of contract detail in the agreement. Includes substantial equity investment.
It says that a third of the @380bil debt should be cancelled and the balance be given a 20 year grace period for payment. The IMF economists and accountants say this is necessary to stimulate the Greek economy and build a viable middle working class so that the country can ultimately function independently-productively- as an EU member state. Otherwise it's a feudal colony where the rich in Europe go to vacation. . Best outcome is a NO vote on the referendum and a coming to collective enlightenment of the Troika. I think there is a good chance NO's will carry the day, because of the young demographic who want jobs and opportunity and don't care about pensions or paying other people's debts for most of the rest of their lives. Even if the vote is YES, I think the ECB and EU and IMF offer a better deal than they offered to Varoufakis and Tsipras, who they will be relieved not to have to deal with. I think GREK has a good couple of quarters coming...
The islands are awesome- the real estate in Greece is worth a fortune because it's really nice which is why everybody in Europe and Asia wants to go there. But the big value is the ports. Best deepwater ports in Europe and most strategically located. The EU ministers are thinking they can squeeze joe voter to vote yes on referendum on Sunday, but I'd say it's 50/50. And if it comes down no, they either have to put a better deal on the table pronto or within a year Russian and Chinese money will be everywhere in Greece and Piraeus will become the LNG hub of the world and GAZPROM will be running it, good for the economy actually. And just as important, NATO will have lost it most strategic location. You know it's funny the ECB, EU, and IMF all have HQ's in Athens. You would think they would just shutup and start writing some checks. Too many freakin' games. I'd lock em all in a room and nobody leaves until a deal is reached, no bathroom breaks, no tweets, no nuthin'.,,.
Tsipras won't blink, the troika finance ministers will let the default occur as scheduled Tuesday, hoping that it will make Tsipras look bad. They're stupid. The Greeks voters-73% backed Tsipras, Varoufakis and an end to Draconion austerity. The referendum will back them and the drachma will be restored. Some intital hiccups, but the Greek economy will be a great one to invest in. Great real estate, great climate, most and best ports in world, Russia investing billions to make Greece the LNG capital of Europe. Greece will boom, the EU will lose big time. Spain and Italy and Portugal, Ireland perhaps even UK will be emboldened. NATO will take a huge hit. EU minsisters making a colossal mistake here.
Will it be ruthless aggregation of independent family owned cable companies and majority ownership of a corrupt, monopolistic and artistically stifling live music presentation corporation now being sued for criminal negligence and wrongful death at one of their drug filled venues. or will it be quiet withdrawal from compulsive and megalomaniacal M&A activity , divestment from not so Live Nation, and thoughtful pursuit of philanthropy. Giving means nothing if you're still doing business as a jerk, because the money is dirty.
Back then, a local venue operator and local concert promoter could police themselves- or not. These days, you have corporate guys in suits 1000 or more miles away making decisions. EDM raves, ecstacy, loss of concsciousness and life, and unaccountable and nefarious operating procedures are now joined at the corporate hip. Uncool. The live event/ music business is not the cable business. Fiberoptic cables have just sat in the ground and spat out money over the past 35 years. Live events esp music is low margin, and unpredictable. It really doesn't lend itself to corporate monopolization. Malone's involvement with Live Nation could seriously damage his legacy.
Live Nation has paid money and tried to cover this up but a judge just denied dismissal and it's going to court and will become a national story. Malone's buddy and CEO Greg Maffei and MIchael Rapino at Live Nation both knew dangerous i.e. lethal drugs were part and parcel of the EDM scene when they bought the business. They should have issued an 8K on the judge's ruling IMO. Live Nation stock opened .80 lower on Friday - no bueno and suspicious
If they play clueless, they will look like fools and the penalties will be more severe. The only who probably didn't know was John Malone, but he will know now cause this is going to court, Could this be why the stock dropped .80 on the open Friday. How come no 8K filed when the judge ruled against dismissal?
If it were simply a re-order of a conventional component from the old product line, they would not have had to issue an 8K- that is required for material events only by definition. Honda is never going to allow a design change to be leaked- all of the automobile companies go to great lengths to conceal new designs and new component/ supplier sources. So if you're looking for specifics you're not going to find them in the usual places. What CDTI has at this point is the biggest advance in automotive smog control in history. They have patents and patents pending that cover composition, application and use,, and method of manufacturing. There is nothing like it, and there is no competition. If you're trying to convince yourself or anybody else that this is not a game changer, you're just making a fool of yourself. Next 6-12 months should be very exciting. Name change and corporate rebranding, new stock symbol and major press- not only financial press but auto industry, and major media/ network coverage.
It's outrageous Avi is giving advice on best interests of shareholders. He has defecated n GigOptix shareholders continually since it reverse merged into a public company. Cash awards to himself, stock awards to himself after litigation, after non GAAP EBITDA breakeven. Never any real earnings, never any distributions to shareholders- the only thing he distributes to them is lies, wait til next year. He treats shareholders like shmucks and their money as his money. And GIG stock has lost half it's value over the last 5 years. He wants the GSIT cash cow so he can milk it. Absolutely revolting.
Stage 3 4 and 5 EGFR mutant lung cancer patients showing incredible progression free survival from Clovis breakthrough designated treatment Rociletinib. This is probably the biggest breakthrough news in oncology at ASCO. And all patients need liquid sample EGFR mutant detection to get treatment! What a huge break for TBIO!
This is a very big deal. Primaries and individual cancer DNA signatures determined with certainty with what will become standard tests. I first bought this stock 4 years ago when IP was acquired development commenced. Also bought Exact Sciences when colorectal cancer fecal cell test was being developed. Stock languished for 4 years between 1.50 and 4 and then on product launch shot to 30 with $1B market cap. I believe this will be bigger, because the test works on blood and tissue samples and can be engineered to accurately detect signatures and treatment options for DOZENS of cancers. Buy, add, keep doing it. This is a very real deal.