If this was a well managed CEF selling below NAV, management would be buying back stock to reduce shares and increase stock price. At the very least, they would do nothing. Selling below NAV is not a winning game unless you can justify it by increasing value somehow which I can't see. I voted no after being pestered by unknown phone calls that are now blocked and a letter yesterday with an urgent request for me to contact them. Won't happen and what a waste of money paying for a third party to harass me.
Alibaba pay system used QR code payment similar to CurrentC. It was shut down by the Chinese Central Bank because of hacking. This model has hacking problems. I predict CurrentC will be hacked the first month of operations. It will be shut down too. Alibaba is interested in bringing Apple Pay to China. This Walmart consortium will fail at great expense to themselves. Their customers will not be pleased being hacked once again and even Walmart will give in to Apple Pay and Google Wallet.
I don't know why shorts find it so important. Before Apple Pay became active, they said it was not going to be a money maker anyway. But Cook says it's already bigger than all other indirect payment methods combined and Alibaba is interested in bringing it to China. They have a QR code payment system that was halted this year because of hacking. Walmart will use Apple Pay someday for its own best interest.
What do you call a consortium led by Walmart that has all members sign a three year exclusivity contract for CurrentC in an attempt to freeze out credit card companies and limit customers choices? A Democracy? I'm going to use my freedom to boycot all members of that consortium and never join their personal information generating, unsecure, non- user friendly payment system.
Last year, my wife and I bought 2 iPhone 5S, an iPad mini with retina for my wife, and an iPad air for myself. At the same time, I was buying Apple stock. We can't be happier. The phones and tablets work better than any of those other brands that we bought before and I have enough capital gains to pay for their service and their replacements forever.
Better yet, bring up a whole cart of merchandise to the counter and check out. Then pull out your iPhone for payment. When they say that they don't accept Apple pay then say, sorry I have no other method of payment on me and walk out.
Give me your phone and tablet and computer display. I bet I could either break it or bend it with my old injured hands.
I predict a slow rise pretty much daily as shorts cover slowly so as not to disturb the price too much. I don't think that they have covered their big short day on June 4 yet when the price was dropped from $14.83 to $12.47. I could be wrong but I think there could be a danger zone for them after $15 or $15.50. Whether it will be a fight or flight action, I have no idea.
They also chose not to accept Google wallet and credit cards with chips for their own unsecure CurrentC exclusive. When hackers breach CurrentC like they did in China with a similar payment system from Alibaba, that will be the last of CurrentC and the consortium will be broken and in the ditch. They will be banging on Apple's door for forgiveness. But their competitors will be the real winners as loyal customers become disloyal customers to consortium members.
Yes, you must want what Nader wants. Nader wants higher pay for those that run the new robotic assembly line in China as workers are replaced. The higher their wages, the more automation. It would put 500,000 workers out of work.
Is this a stupid post with a stupid question who deserves a stupid answer such as big children have too big of hands? Talk to Nader who wants their wages raised so that they get replaced by robotic assembly lines.
No bulb is available yet. A few LED samples are available now, but commercial quanities won't be available until the beginning of the year. Cree's first bulb maybe available by year end called Extreme High Power XHP LED. Pricing has not yet been set.
If you would read that article to the end, you will see the shift is related to the head of Samsung being replaced by his son after a heart attack. The son has been in power for five months now and making his changes from LED and possibly solar.
You can't go by what Samsung or others say for them. Samsung earnings are plummeting and they are cutting back on many things. R&D is expensive, they have to use it where they feel is the greatest return for them. Their mobile electronics are being hit hard from competition. They maybe shifting efforts to shore up their bigger money maker.