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Ancestry.com Inc. Message Board

meh76_1999 48 posts  |  Last Activity: 6 hours ago Member since: Mar 20, 2012
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  • Reply to

    pps predictions for tomorrows close?

    by moneyrocket1 Mar 14, 2015 8:38 PM
    meh76_1999 meh76_1999 Mar 16, 2015 4:42 AM Flag

    I understand that your post gives an incorrect understanding of what a reverse split is. That's the dynamic.

  • Reply to

    pps predictions for tomorrows close?

    by moneyrocket1 Mar 14, 2015 8:38 PM
    meh76_1999 meh76_1999 Mar 15, 2015 11:39 PM Flag

    Wrong. A reverse split does not change the value of anyone's position or its potential return, only the number of shares.

  • Reply to

    Mexican Mining Firm Offering $1/share

    by analyst113 Mar 15, 2015 5:17 PM
    meh76_1999 meh76_1999 Mar 15, 2015 11:32 PM Flag

    False

    8K makes it clear that AHMSA's purchase price is not based on the reverse split. The 8K also makes clear that AHMSA's equity investment, once completed in 2018, will result in 65% ownership by AHMSA, so that's a little less than 3x the current share count, not 13x the current share count (which would have given AHMSA 93% ownership).

  • Reply to

    Double Hurricanes Pam and Penelope !

    by rolandrickperry Mar 14, 2015 11:21 AM
    meh76_1999 meh76_1999 Mar 15, 2015 3:19 AM Flag

    Right, thanks, Grupo Acerero del Norte was the vehicle by which Alonso Ancira bought AHMSA in 1991. The magazine Vanguardia estimated back in 2006 that his personal fortune exceeded $700M. Not Carlos Slim by any means, but no slouch, either. Takes ownership of a big-time company to amass personal wealth of that magnitude.

  • Reply to

    Double Hurricanes Pam and Penelope !

    by rolandrickperry Mar 14, 2015 11:21 AM
    meh76_1999 meh76_1999 Mar 15, 2015 1:18 AM Flag

    And I don't think a large Mexican company like AHMSA/Minera del Norte, which employs 19,000 people and whose CEO enjoys a personal friendship with the president of Mexico, would have agreed to this deal unless its management felt very confident indeed that all necessary approvals would be obtained.

  • Reply to

    Peer Review Is Out ABSTRACT HERE:

    by notabadpicker Mar 9, 2015 3:07 PM
    meh76_1999 meh76_1999 Mar 11, 2015 1:22 PM Flag

    Ferguson cites medical schools and journals as exceptions to his conflict-of-interest claims, which focus on the fields of economics, business, law, and political science. Since VGX-3100 results will appear in a science journal, not a journal in the fields he is addressing, his analysis is not pertinent here. If you can find a credible source arguing for corruption among reputable, top-shelf science journals, that would be pertinent.

  • Reply to

    Peer Review Is Out ABSTRACT HERE:

    by notabadpicker Mar 9, 2015 3:07 PM
    meh76_1999 meh76_1999 Mar 10, 2015 10:38 PM Flag

    I would wager plenty that the journal will not have close ties to UPenn. You need to understand that unlike the world of regular publishing, the point of academic publishing is not primarily to sell copies of the journal (if that were true the field would be a miserable failure). The point is prestige. Publishing an article in your university's home journal (or a journal with close ties to it) does not add any prestige to the author--at best the effect is neutral, and depending on the situation, it might look pathetic. The journal would much rather publish an internationally significant article by an academic outside any ties it might have to a particular university. Also, there is practically zero incentive for an academic journal to publish an article that will be some kind of instant sales blockbuster. Academic journals do not usually sell on newsstands, but by subscription to libraries and individual academics, so unlike with Rolling Stone, it doesn't much matter what article a journal features on its cover--the sales will be basically the same regardless. And again, the sales don't matter much--publishers of journals seek prestige, not money.

  • Reply to

    Peer Review Is Out ABSTRACT HERE:

    by notabadpicker Mar 9, 2015 3:07 PM
    meh76_1999 meh76_1999 Mar 10, 2015 10:22 PM Flag

    fdapproval, I appreciate your enthusiasm for Inovio, but there is no big money to be made in the world of peer-reviewed academic journals (hardly any money to be made at all, actually), and thus very little incentive that would lead to a scenario comparable to the one described in Inside Job. I'm an academic in the humanities rather than the sciences, but the peer-review process is very similar. Peer-reviewed journals are ranked by impact factor, not market cap, and any profit is indirect: academics who publish articles in journals with high impact factors increase the likelihood of their landing jobs at top universities and gaining tenure, but the journal pays them nothing monetarily, nor does it pay the reviewers. I think you should defer to lurkingprof's expertise on this topic--his command of it is obvious to anyone halfway familiar with the world of academic journals.

  • Reply to

    Update

    by jbcguy Mar 10, 2015 4:50 PM
    meh76_1999 meh76_1999 Mar 10, 2015 9:34 PM Flag

    Even if there weren't the bureaucratic hold up til then, can't say I blame them with current pricing being what it is. Likely to be substantially better in July. Still haven't been able to get any .01 shares, but the next couple of months may help me out with that...

  • Reply to

    Investor Presenttion 3/9/15

    by ntc_bada_bing Mar 9, 2015 6:57 AM
    meh76_1999 meh76_1999 Mar 9, 2015 9:14 PM Flag

    Presentation is excellent, agreed. Just a matter of time before the market catches up to how well positioned Sundance is to succeed, even in a low-price environment. When higher prices return, in two months or two years or whenever, then things will really get fun.

  • Reply to

    third well says approved

    by mmibkt Mar 5, 2015 7:00 AM
    meh76_1999 meh76_1999 Mar 7, 2015 4:27 AM Flag

    thanks both for the good news

    maybe I can get some .01 shares...

  • Reply to

    This looks like fun

    by bartholomewcubbins Mar 4, 2015 12:14 PM
    meh76_1999 meh76_1999 Mar 4, 2015 8:49 PM Flag

    Can't go much lower, could go a lot higher...what's not to like?

  • Reply to

    Gaseous Helium

    by lafeet333 Feb 27, 2015 12:59 PM
    meh76_1999 meh76_1999 Feb 27, 2015 2:47 PM Flag

    AMSC makes degaussing cables, which require cryogenic cooling as part of their naval function (to help ships avoid triggering magnetic mines). Study suggests that using gaseous helium as a cryogen could provide benefits that would make it preferable to currently used cryogens. Such benefits could make degaussing systems (and thus AMSC cables that can be used in those systems) more attractive to prospective naval buyers.

  • Reply to

    More good news

    by jbcguy Feb 23, 2015 12:59 PM
    meh76_1999 meh76_1999 Feb 24, 2015 11:47 AM Flag

    that was in Kenya, so not very worrisome

  • Reply to

    Adding Subjects?

    by jefffeatherson Feb 20, 2015 11:34 AM
    meh76_1999 meh76_1999 Feb 20, 2015 5:08 PM Flag

    I doubt they plan to announce each new patient dosed, just that the process has begun with that first patient.

  • Reply to

    Drilling permits approved

    by jbcguy Feb 19, 2015 3:23 PM
    meh76_1999 meh76_1999 Feb 19, 2015 5:46 PM Flag

    Thanks for the notice, good news! You're probably right about the price--hopefully we're only a couple months away from seeing the $60s and $70s again.

  • Reply to

    Sea.AXS in Aussie land hit .60 last night

    by riverman116 Feb 16, 2015 11:56 AM
    meh76_1999 meh76_1999 Feb 17, 2015 8:07 PM Flag

    Glad to see it! Should be only the beginning--I expect the next six months to be a fun ride as US production and WTI head in opposite directions, though the macro (oil and otherwise) can always surprise unpleasantly.

  • Reply to

    Sea.AXS in Aussie land hit .60 last night

    by riverman116 Feb 16, 2015 11:56 AM
    meh76_1999 meh76_1999 Feb 16, 2015 4:46 PM Flag

    Yup, and US pps should reach .47 next session to match it, given current AUD-USD rate of .78. SDCJF and SEA don't always match perfectly to the exchange rate, especially given smaller-volume trading for SDCJF, but usually very close to it.

    At .47 we'd have a 42% rally from the bottom at .33, and with rig counts going down and wells not being fracked, that rally will only continue.

  • Reply to

    Just Viewing This as Trash Removal Day

    by danwebs2014 Feb 15, 2015 1:33 PM
    meh76_1999 meh76_1999 Feb 15, 2015 2:50 PM Flag

    thanks for doing it

  • Reply to

    Disappointing

    by qmax3 Feb 13, 2015 6:21 PM
    meh76_1999 meh76_1999 Feb 15, 2015 2:08 PM Flag

    The bottom was .33 and the stock is now sitting at .42 (should be .45 to match ASX pps of .575 in terms of USD-AUD exchange rate). That's a 27% rally. Of course, I bought shares at .38, not .33, but that's my bad. Anyway I'm not worried--Sundance balance sheet is excellent and company is going to do very well when oil recovers.

    No, the Aussies don't know anything we don't. All you have to do is read hotcopper to see that.