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.
"Major new Tesla product to be unveiled APR 30, not a car!" My belief is it is a new battery system for residential solar storage. HPJ could and should get a big boost from this if their timing is right. As for takeover, the POC does not allow foreign companies to own more than 50%. I believe Highpower can make a product just as big as Tesla's. Tesla's will be branded for Solar City. That leaves the rest of the world for HPJ!
He's dumped 4 consecutive quarters around earnings time. Why is still on the BOD. Why doesn't the company buy back his stock below market and get him the heck out of there?
If you look at the valuation measures compared to say ENR- Energizer Holdings, whether it's price to book value, price to sales, enterprise value to EBIDTA, forward 12 mo PE ratio, PE/growth ratio, the disparity is now glaring. It does not begin to approach comp until the stock is somewhere in the 6-8 range. Granted ENR is a much larger company and it's business is retail but HPJ has a higher organic growth rate both in revenues and earnings. If Highpower was accorded a 6.11 PEG the stock would be in double digits. TJ Fisher who has been on the HPJ board for3- 4 years now, was VP of Energizer and HPJ made batteries for them, and that is how he came to know them. If you don't like battery comps, just use the S&P 500 trading at 18-19 forward earnings and the earnings growth curve is not as attractive going forward as Highpower's. Just my opinion, but I have a lot of experience both on Wall Street and as an investor in HPJ.
Good company w good management and a good future. They are on their way to being a major player in the battery/ energy storage space and the stock under 6 does not reflect what they have already achieved, let alone what's coming. I bought a bunch here and have that tingly Warren Buffett feeling--- got a deal!
Test lab results, breakthrough designation for ICE emissions control technology, name change, corporate rebranding , OEM demonstration(s) on new models, 15-20mil cash raise at $5-6 bucks, and then double digits and 200mil + market cap next year.
Maybe Wolfgang Schaeuble's days are numbered. A new Greece is on the horizon and it's success will be good for everyone. But they have to be incentivized, not punished.
Today was the cut-off for insider trading- 14 days before the release of the quarterly. Hopefully the drop today was more technical- stop limits and/or capitulation. If it turns out any insiders traded on not public negative information to be released in the quarterly- if there is any, I would have to sue the #$%$ out of them.
It was never Golden's intention to sell after market auto parts. He merged into CDTI for the platform to advance a disruptive technology. And that's exactly what he's doing.