No other coffee company is in the same class with accounting manipulations and smoke and mirrors. Whatever happened to Sarbanes-Oxley? The Democrats now look the other way just like on illegal immigration. I thought GAAP Accounting had to be most prominent with non-GAAP accounting in the small print. Instead the DemonRats now let them put non-GAAP in the headlines! We have now turned into the Ghetto Nation - a total nation of liars, cheaters and crooks - the Obamination!
If it weren't for acquiring the licensed stores just before the quarter and making their earnings company earnings for this quarter, SBUX would have a big mix. Gotta watch that Shultz, he'll pull out every accounting trick in the book.
(3) China/Asia Pacific store data includes the transfer of 1,009 Japan stores from licensed stores to company-operated as a result of the acquisition of Starbucks Japan in the first quarter of fiscal 2015.
I know some of Murphy's subs hang out here. GGI.V or GGIFF has twice the ground(they actually own it) and holds 4 times the gold that PZG has and fell today to .04 a share for a market cap of $2.6 million. Book value without any gold is over $8 million. GGIFF is the company that sold PZG it's Mexican land that was sold to CDE recently for $245 million. They are a screaming buy - the land is being valued at less than $50 an acre at this market cap (2.6 mil). I bought over 350,000 shares today. I prior bought GGIFF stock in July of 2013 and sold in August of 2013 for 4X the price. It's very, very low volume on pink sheets so buy in Canada or just put up a bid and they may fill you like they did me today. Post any questions.
Yes Bill, I will keep going until I have at least 300,000 shares. I've been doing this since 1987 and made lots of money.. I particularly like crash and burns that were featured in newsletters at much higher prices and are being thrown away over nonsense at ridiculous prices by disillusioned subscribers who really don't understand what they own and what it is worth. Don't worry - I'll keep digging this buried treasure!
I had a small order above that and it did not execute. That was a missed order that posted afterhours. I've been having to play games all afternoon to get shares. It is agonizing on these small, low volume stocks as it often takes me 10 days or more to buy my position. One stock recently took me almost 3 weeks but it was worth it since I doubled my money within a month afterwards (the volume jumped way up and I was able to sell out in 1 day on news)
I love it when brainless people sell irrationally "The consideration paid by DragonWave on closing will include approximately 10 million euros in cash subject to customary purchase price adjustments and 5 million euros worth of DragonWave common shares which will be subject to a lock-up agreement restricting sale or disposition of the shares (subject to customary exceptions) for 24 months. DragonWave will also assume employee liabilities of approximately 10 million euros and will enter into a capital asset lease arrangement for approximately 5 million euros. The terms of the Master Acquisition Agreement also provides for sales performance based earn-out payments to be made following closing. The hardware and basic software earn-out period runs for 18 months following closing and the earn-out period on application software upgrades runs for four years following closing. The earn-out payments could raise the value of the transaction by approximately 80 million euros."
I've been a bottom fisher for many, many years (since 1987) and this is where you buy them. This is where Micron took off. Reverse split means nothing. Company has until Aug 29 and 180 day extention from there. Murphy will be pounding the table on this by Thursday.
DRWI spends over $17 million on R&D - that's way too much for a company this size. If an acquirer consolidates with their own R&D, they can easily cut that in half. DRWI should be cutting R& D in half and they'd go positive and double their stock price.
He's changed the name to new world investor and has switched from solely technology to smaller tech and gold (and bitcoin) but it's the same guy and he was #1 newsletter for several of the past few years according to Hubert. Dragonwave is one of his top picks. I think he has 12 or 14 gold picks that crushed his people today so they all bailed out of everything - all his stuff was way down today.
Murphy's people got clobbered in their many gold companies holdings today (some were down over 20% at one point) so they sold everything he recommended. This is one of his favorite stocks.
The reason this is down is because Murphy's New World subscribers got clobbered in all their gold holdings today and sold everything
There is always one stock every year that gives me Christmas in July. I want to thank every DS that handed his stock over to me today - probably a bunch of Murphy's muppets. I love you people when you capitulate (latin- from off with your head). Thanks again, headless people!
This will definitely see a buyout offer here since they make the best equipment in the business and are trading under tangible book and at 0.21 times sales, which is extremely low. They will be accretive once an acquirer eliminates much of their GSA costs. It will probably be Ciena since they have $743 million in cash and their stock is up 22% YOY, but could be Chinese like Huawei or ZTE. People shorting this here will act stunned when it's announced just like they did over at Micron but anyone knows that shorting at these levels is a fool's game.
I'm posting under new topic so you will see this. You posted "Mark Adams said at the Bernstein conference that they were projecting Dram bit growth in the high single digits for the next few quarters. That was 1 week before the end of the most recent quarter. What did they report? No growth in bit output for that quarter and none expected for the current... More" The reason this took place is that Apple was stringing them out in negotiations and threatened to walk. Apple has just signed deal and gave them $$$$. They will now soon change guidance.
AppleInsider is reporting that it has received information about the next-generation iPhone hardware. It claims that the next iPhone, generally expected to be a ‘6s’ style device (meaning that it will feature internal changes but the external chassis will be the same as the 6), will feature 2 GB of RAM, just like the A8X in the iPad Air 2. It also says that Apple is considering inclusion of an Apple SIM as standard, just like the cellular iPads.
For some context, the iPhone first shipped with 1 GB of RAM in 2012 with the iPhone 5. This means a RAM jump is now about ‘due’, with many expecting an increase last year to help accommodate the increased asset size required by the Retina HD iPhone 6 and 6 Plus.
Although 9to5Mac cannot directly backup the claims, the advancements feel like an obvious progression for the device given Apple’s inclusion of 2 GB of RAM in the iPad Air 2 as well as the introduction of the Apple SIM last fall. Note also that Apple has doubled RAM every few generations of iPhone, and given that many were expecting an increase last cycle, it is not surprising to see it rumored for the ‘iPhone 6s’, which is likely to feature new and improved internals like other ‘tock’ years.