They are a self-admitted mouthpiece for big money. About 15 years ago Thomson bought Reuters. First thing they did was fire all the old (real) news Editors and replace them with young wallstreet jerks, ala Merrill Lynch among others. Thomson harvests info and trends; then Reuters disseminates. Pretty useful tool for making big money. When ELN went down Reuters actually published a hit piece with "death" in the title that was completely false. The article was updated 12 minutes later, but ELN had plummeted 50% in 15 minutes. This was the biggest insider trading scam in history and Reuters was the tool that made it work. The Street does the same thing but on a much smaller level.
Also Zen makes $2.15 revenue per share, while SPRT makes $1.67. Nearly 97% of SPRT's market cap is in cash! I keep thinking it is only a matter of time before it gets folded into a bigger company, but then I am woken up by the drip-drip of the price going lower.
I went to go buy an SRT Hellcat, but when I saw the MPGs I just bought a Prius instead. Practically the same thing.
I didn't know (until recently) that AMD designed GDDR5 (and 3). That is pretty ironic - that every card Nvidia sells relies on AMD tech, but the reverse is not true. And here they are again improving how memory works for the entire industry; they have also nearly single-handedly vastly improved API options by gifting Mantle to Microsoft and helped create the next openGL standard. True innovators while the other guys game the market.
Yes, I thought with Greece tumbling, gold at historic lows, market toppy and going into summer this would be a fairly safe place to park some money. So far I got that quite wrong.
But you're not trading miners, let alone gold. You are trading a highly complicated leveraged paper derivative targeting a sampling of an industry that is at best breaking even right now; zero zero zero physical backing of this paper-pyramid scheme. Notice the price of physical gold has only moved 1/2 % today.
Are you really this stupid? CHK wrote down assets because they CAN. Never let a good opportunity go to waste. If they didn't write down assets that would be grounds for firing. And in a couple years when all that "value" is re-realized investors will be soooo happy.