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rn1029 585 posts  |  Last Activity: Feb 5, 2016 3:38 PM Member since: Mar 29, 2000
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  • Based on what he told Bloomberg News he sold all of his holdings because, in his opinion, oil prices have not bottomed yet and he is waiting for the right time to get back in.

  • rn1029 rn1029 Feb 5, 2016 2:36 PM Flag

    Yes, Mark Haines made that call but that was almost 18 months after a brutal recession that started in Dec., 2007 and ended in June 2009. His call was made on March 11, 2009. We have not got into a recession yet in this economic cycle. So, AA has a long way to go down or sideways until we are about to get out of the must happen recession. It could be a soft one this time lasting two or three quarters and it could begin later this year if not in 2016. Thus, your comment about Mark Haines is way pre-mature at this point of time.

  • All future from February delivery to July delivery are down today at around $1623.

  • NOK's CEO should be forced to resign immediately. His planned and deceptive tactics to inflate NOK stock price to induce ALU's shareholders to exchange their shares into NOK proved to be very destructive to NOK shareholders. Had he been honest in his dealings and communications with the investment community this loss in share price would have been avoided or substantially mitigated. Instead he opted to communicate false declarations and he falsely leaked information that Samsung's award is huge for no reason but to artificially and temporarily inflate NOK share price during the exchange period with ALU shareholders. He only announced the bad news about Samsung's award on February 1, the last day of the 2nd and final open period for exchanging ALU shares into NOK shares. Shameful and deceptive people like NOK's
    CEO should be eliminated for NOK to gain the trust of the investment and most importantly the analysts' community. Let's work together to force him out through legitimate and rightful class action lawsuit.

  • They misled the analysts community big time to inflate NOK price in order to suck ALU's shares on a whim. ALU's shareholders should file a class-action lawsuit against NOK for this outright manipulation of share price until most of ALU's shares are sucked. We are caught between stupid French management of ALU and the Ultra Stupid and deceptive foreign -born NOK's management. This whole takeover smelled very fishy from day one. When merger was announced ALU's share price went down by 20% and today (last day to tender ALU's shares to NOK) the stock goes down another 15% What a nightmare. This is far worse than the sub-prime mortgage fraud of 2008/20009 in the US.

  • Keep posting this Message so majority end up voting No on this ill-fated merger. It is going to fail, sooner or later. Nokia is a doggy and stodgy company, it lost its worldwide dominance in cell phone market (over 20% worldwide market share just six years ago to less than 4% today). What makes you think that Nokia will be able to have any traction in this far more competitive industry (communication equipment and related industries). Let's kill this deal before ALU goes back blew $1.00 and be driven into bankruptcy.

  • Centuries of European colonialism have provided the world with certain basic lessons about subjugating colonized peoples: The longer any colonial occupation endures, the greater the settlers’ racism and extremism tends to grow. This is especially true if the occupiers encounter resistance; at that point, the occupied population becomes an obstacle that must either be forced to submit or removed through expulsion or murder.
    In the eyes of an occupying power, the humanity of those under its thumb depends on the degree of their submission to, or collaboration with, the occupation. If the occupied population chooses to stand in the way of the occupier’s goals, then they are demonized, which allows the occupier the supposed moral excuse of confronting them with all possible means, no matter how harsh.
    The Israeli occupation of Palestine is one of the only remaining settler-colonial occupations in the world today.
    And it is not limited to East Jerusalem and the West Bank: Although Israel withdrew its settlers and army from Gaza in 2005, it is still recognized by the United Nations as an occupying power, due to its complete control of Gaza’s airspace, sea access and of almost all of its land borders.
    Over the years, Israel has used all forms of pressure to prevent the Palestinians from achieving their national rights and gaining independence. It hasn’t been enough for Israelis to believe their own claims about Palestinians; they have sought incessantly to impose this narrative on the world and to have it adopted by their Western allies.
    Unsurprisingly, all of this has led to complete shamelessness in mainstream Israeli rhetoric about Palestinians. After all, if one is not held accountable, then one has the freedom to think — and do — what one wants. With no internal or external checks, one can act with impunity.

  • Centuries of European colonialism have provided the world with certain basic lessons about subjugating colonized peoples: The longer any colonial occupation endures, the greater the settlers’ racism and extremism tends to grow. This is especially true if the occupiers encounter resistance; at that point, the occupied population becomes an obstacle that must either be forced to submit or removed through expulsion or murder.
    In the eyes of an occupying power, the humanity of those under its thumb depends on the degree of their submission to, or collaboration with, the occupation. If the occupied population chooses to stand in the way of the occupier’s goals, then they are demonized, which allows the occupier the supposed moral excuse of confronting them with all possible means, no matter how harsh.
    The Israeli occupation of Palestine is one of the only remaining settler-colonial occupations in the world today.
    And it is not limited to East Jerusalem and the West Bank: Although Israel withdrew its settlers and army from Gaza in 2005, it is still recognized by the United Nations as an occupying power, due to its complete control of Gaza’s airspace, sea access and of almost all of its land borders.
    Over the years, Israel has used all forms of pressure to prevent the Palestinians from achieving their national rights and gaining independence. It hasn’t been enough for Israelis to believe their own claims about Palestinians; they have sought incessantly to impose this narrative on the world and to have it adopted by their Western allies.
    Unsurprisingly, all of this has led to complete shamelessness in mainstream Israeli rhetoric about Palestinians. After all, if one is not held accountable, then one has the freedom to think — and do — what one wants. With no internal or external checks, one can act with impunity.
    The Israeli left is a relic, all but extinct, and the extremist right is entrenched in the Israeli political establishment. Attacking the Palestinians has become o

  • State terrorism of Israel is much bigger than we think. We have a moral responsibility to stop supplying Israel with weapons. Gaza has been under occupation or siege by Israel for almost 50 years. Palestinians are terrorized and fed up by 50 years of occupation and siege by Israel and supported by the U.S.

  • Indiscriminate targeting of civilian areas is against international law. And yet the U.S. and other countries are supplying weapons to Israel, knowing that they risk fuelling the current crisis. This has to stop.

  • Whoever stated Sell is wrong. It was downgraded to underperform and not to Sell.

  • rn1029 rn1029 May 20, 2014 2:53 AM Flag

    S& P rated ALU as "Underperform" from "Neutral" on 5/16/14 and it was not rated as "Sell." It is now rated as two star (underperform) in contrast to one star rating "sell" based on S&P rating system.

  • Reply to

    Cramer

    by cbradleyjr59 Jan 13, 2014 8:52 PM
    rn1029 rn1029 Jan 14, 2014 3:47 AM Flag

    Your opinion on Cramer is 100% correct. Wall Street Journal fired him around 1998 for writing a negative report about a company (in an investment magazine owned by WSJ - forgot its name) right after he took a short position on that company's stock. KUDS to WSJ which was owned by a different owner then.

  • Reply to

    To my old fellow ALU longs...

    by tradestoxx11 Dec 5, 2013 2:16 PM
    rn1029 rn1029 Dec 5, 2013 2:58 PM Flag

    You missed out big time and you are trying the impossible! Badmouthing ALU politely to bring it down to $3 where you sold it. Keep dreaming body but I am afraid that you will buy it again , very shortly, for over $5:30 a share. Make up your mind and swallow your pride and buy it today at $4:30
    Good Luck

  • Any info is most appreciated. I know we have to pay dividend taxes for the IRS.

  • Here's what he said in an interview in a telecommunications conference in Barcelona today(11/22/13):
    We have not looked at Alcatel-Lucent assets,” Frykhammar said in an interview. “Our strategy is based on organic development. Of course when assets come to the market we have an obligation to our shareholders to look at them. As far as I know, Alcatel-Lucent assets are not for sale.”

    Fasten Your Seat Belts for more info.

  • CORPORATE EVENT NOTICE: Capital increase with preferential subscription rights
    ALCATEL-LUCENT
    LOCATION: Paris
    NOTICE: PAR_20131105_07952_EUR
    DATE: 05/11/2013
    MARKET: EURONEXT PARIS
    ALCATEL-LUCENT decided to proceed to a capital increase through an issue of new shares with
    preferential subscription rights. The purpose of this notice is to describe the main terms of the issue.
    1 - Main characteristics of the ordinary shares issue (ISIN code FR0000130007)
    Maximum number of shares to be issued 454,722,512 new shares, which may be increased u
    p to 460,000,000 new shares in the case of creation
    of shares as a result of the exercise of stock-options
    or rights to receive shares attached to certain securiti
    es giving access to the capital of Alcatel-Lucent
    Issue price 2,1 EUR per shares
    Dividend due date Immediatly fungible with already listed securities
    Subscription ratio 8 new shares for 41 rights
    Oversubscription (on a reducible basis) Applicable
    Subscription period From 19/11/2013 to 29/11/2013 inclusive
    Default option Rights not exercised by the end of the subscription p
    eriod will expire.
    Centralizing agent Caceis Corporate Trust
    Legal documentation: The Prospectus filed with the AMF on November 3, 2
    013 under filing number 13-583
    FTT Yes, see section 6
    COAF N/A
    If, on November 15, 2013, more than 27,047,098 shares are issued following the exercise of stock-options
    or rights to receive shares attached to certain securities giving access to the capital of Alcatel-Lucent, the
    subscription ratio of 8 new shares for 41 existing shares would be modified prior to the detachment of the
    preferential subscription rights.
    2 - Right distribution
    Ex-date 19/11/2013
    Record date 18/11/2013
    Payment date 19/11/2013
    End of trading of the subscription right 29/11/2013, at the end of the trading session
    Right ISIN code FR0011621937
    3 - Purge of order book
    Cancellation of orders 18/11/2013 at the end of the trading session
    Orders to be renewed 19/11/2

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