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GameStop Corp. Message Board

sam_0534 231 posts  |  Last Activity: 16 hours ago Member since: Feb 8, 1998
  • Reply to

    justbought another 12,000 shares @$.136

    by danzeytakeoffs Sep 25, 2014 1:44 PM
    sam_0534 sam_0534 Sep 25, 2014 2:07 PM Flag

    yes ISIS... can help you out...

  • nothing seems to help :)

    Sentiment: Strong Buy

  • Look at the chart..Did the same thing back in July before it moved straight up to a new high..not saying this will repeat...just volatile chart action......

    Sentiment: Strong Buy

  • sam_0534 by sam_0534 Sep 24, 2014 10:44 AM Flag

    is confused too about their weakness....

  • sam_0534 by sam_0534 Sep 24, 2014 10:40 AM Flag

    2nd time below this average..really surprised at the weakness..KKR is doing the same...just our of favor now but analyst rating are very good..traders like GOPO and others.. I will not sell though disapointed right NOW.. just will wait.. strong buy on this weakness...

    Sentiment: Strong Buy

  • Reply to

    Are we moving away from Bull Market BX 31.95

    by carolyn_novice Sep 23, 2014 7:13 PM
    sam_0534 sam_0534 Sep 23, 2014 7:46 PM Flag

    corrections happen.. a lot of cautious players after the hugh run up...not easy buying at thes highs inthe markets..but BX has so much value..hard to sell it.. but it goes down with the market..I am not selling...

  • not easy to watch this action.. need a lot of patience..and faith :)

  • Mallinckrodt PLC (NYSE: MNK) was started with an Overweight rating and was assigned a $105 price target by Barclays.

    Sentiment: Strong Buy

  • sam_0534 by sam_0534 Sep 23, 2014 11:37 AM Flag

    Mallinckrodt PLC (NYSE: MNK) was started with an Overweight rating and was assigned a $105 price target by Barclays.

    Read more: Top Analyst Upgrades and Downgrades: Auxilium, BofA, Genworth, MGM, Walgreen, Wynn, Yahoo and More - 24/7 Wall St.
    Follow us: @247wallst on Twitter | 247wallst on Facebook

    Sentiment: Strong Buy

  • Squatters Welcome Blackstone's Spanish Property Play
    Making Money Out of Depressed Spanish Real Estate a Tough Challenge








    Sept. 23, 2014 6:00 a.m. ET

    Claudio Cattaneo stands in the six-bathroom house with two swimming pools where he has been squatting on and off since May. His two-year-old son plays in a chair. The 40-year-old professor says Blackstone Group LP's recent purchase of a mortgage portfolio in Catalonia presents a "great opportunity" for squatters. Jeannette Neumann/The Wall Street Journal
    BARCELONA— Claudio Cattaneo lives in a six-bathroom house with two swimming pools on the outskirts of Barcelona—for which he pays nothing.

    Mr. Cattaneo, who teaches ecological economics in Italy and at the University of Edinburgh, has been squatting in the home on and off since May. The 40-year-old professor joined others who moved in last year after they discovered a Spanish bank had repossessed the vacant house.

    Militant squatters in recent years have been occupying foreclosed properties and bank branches to protest lenders' roles in Spain's housing bust.

    Next in their cross hairs: Blackstone Group BX -1.02% LP, the world's largest private-equity firm, which agreed in July to buy 40,000 mortgage loans in and around Barcelona.

    The arrival of Blackstone Group LP presents a "great opportunity," Mr. Cattaneo says, because occupying a Blackstone-owned home is a way for squatters to "further legitimate their fight against speculation."

    As U.S. investors increasingly fan out across southern Europe in search of real-estate investment opportunities, the Blackstone deal is a vivid example of the hurdles firms can encounter in countries still reeling from years of recession.

    Spanish home prices rose 0.8% in the second quarter compared with a year earlier, the first year-over-year increase since 2008, according to data published earlier this month from Spain's national statistics institute. The uptick is a sign that prices are stabilizing after falling more than 35% during the last six years.

    Spanish banks still have a pile of bad loans to work through, however. Spanish banks' nonperforming loans have edged down to 13.2% of total loans as of July from a record-high 13.6% in December, according to Spain's central bank.

    Blackstone is betting Spain's economy will improve and the firm will be better at collecting on the loans than the bank that issued them, Catalunya Banc SA, a regional lender that cost Spanish taxpayers #$%$12 billion ($15.4 billion) in a 2011 bailout.

    A spokesman for Blackstone declined to comment.

    Blackstone paid #$%$3.6 billion to buy #$%$6.4 billion of the Catalunya home loans in a government-run auction, outbidding investors including Oaktree Capital Management LP and Apollo Global Management APO -0.13% LLC. The deal is expected to close by the end of this year.

    The purchase expands on Blackstone's growing presence in Spain. In July 2013, the New York firm run by billionaire Stephen Schwarzman bought 1,869 government-subsidized rental apartments from the city of Madrid for #$%$125.5 million.

    That deal already has brought headaches. Foreclosures by Blackstone have triggered protests by renters and the Platform for Mortgage Victims, an advocacy group known by its Spanish acronym PAH.

    Now PAH is watching Blackstone's latest purchase. It says Spain's squatters have the right to target Blackstone-owned homes since the bank that issued the loans was nationalized.

    "These homes belong to the people," not Blackstone, says Maka Suárez, a PAH spokeswoman.

    The mortgages Blackstone is purchasing are concentrated around Barcelona, a stronghold for "okupas," a motley assortment of squatters ranging from militant anarchists to families who move into abandoned homes after they have been evicted from their own.

    Despite such obstacles, Blackstone already has had discussions with other investors interested in buying slices of the loan portfolio, according to people familiar with the talks.

    For the mortgage loans it doesn't sell, Blackstone will try to get borrowers to start paying, or to pay more than they have been.

    That will be easier if Spain's economy keeps improving. The Spanish government expects the economy to grow by 1.2% this year and 1.8% next year, among the highest rates in Europe. Officials have indicated they could raise those projections.

    Still, economists caution that such growth likely won't be enough to make a big dent in Spain's 25% unemployment rate.

    For the loans on which it can't collect, Blackstone will foreclose on the homes to rent or sell them. But that won't be easy.

    The Spanish government established a moratorium on evictions in November 2012, and officials recently indicated they plan to extend the moratorium when it expires in May 2015.

    The freeze covers low-income borrowers, such as one-parent households with two or more children that earn less than #$%$1,598 a month.

    Blackstone has agreed to adhere to the moratorium because it bought the loans from Catalunya, which had previously agreed to it, said a spokeswoman for Spain's Finance Ministry.

    The moratorium was in response to several highly publicized suicides by borrowers facing evictions in 2012.

    "The person squatting today was your neighbor yesterday," says Vicente Beltrán, a real-estate agent in Valencia, a city along Spain´s Mediterranean coast. He adds that he doesn't place "for sale" signs on properties to avoid advertising a vacant space to potential squatters.

    PAH, founded in Barcelona in 2009, was a main proponent of the foreclosure moratorium. The group has been a roadblock to Spanish banks trying to foreclose on and evict tens of thousands of delinquent borrowers.

    In March, PAH occupied an office of Spain's No. 2 bank by market value, Banco Bilbao Vizcaya Argentaria SA, BBVA.MC -0.75% in the Barcelona suburb of Sabadell for 17 days to protest the foreclosure process. On March 24, PAH members occupied more than a dozen BBVA offices.

    A poster to organize a protest the following day showed an image of Muhammad Ali, fists in a boxing pose, above the words "Social Justice." He faced an image of BBVA Chairman Francisco González, above the word "Oligarchy." A BBVA spokesman declined to comment.

    Many firms prefer to avoid Spain's foreclosure process, which can take anywhere from 18 months to five years depending on the jurisdiction, says Juan Vizcaino Martín, a director of HipoGes Iberia, S.L., a Madrid-based mortgage servicer. Instead, many Spanish lenders try to negotiate with homeowners, even offering plane tickets for delinquent immigrant borrowers to return to their home countries.

    Some borrowers are interested in negotiating with their lender because it presents a chance to cancel their debt. In Spain, home mortgages are classified as recourse loans, meaning borrowers are on the hook for the debt even if a foreclosed property is sold.

    One more wild card for Blackstone: the independence movement in Catalonia, the region where most of the mortgage portfolio is concentrated.

    The Catalan parliament on Friday approved a law to allow a Nov. 9 referendum on independence, despite the central government's insistence that it is unconstitutional. The potential referendum, and the political and social firestorm it has unleashed, adds an extra layer of uncertainty for investors in the region.

    Sentiment: Strong Buy

  • Kellogg to Burton’s Said to Make Bids for United Biscuits
    By Manuel Baigorri, Kiel Porter and Ruth David Sep 22, 2014 1:04 PM PT 0 Comments Email Print
    Companies including Burton’s Biscuit Co. and Kellogg Co. (K) have made bids to acquire United Biscuits Holdings Ltd., according to people familiar with the matter.

    Other bidders for the maker of snacks such as Jaffa Cakes and Twiglets include Turkish food producer Ulker Biskuvi Sanayi AS (ULKER), the people said, asking not to be identified because the process is private. Second-round bids, which are expected to value the company at about 2 billion pounds ($3.3 billion) are expected by the middle of October, the people said.

    Private-equity firms Blackstone Group LP (BX) and PAI Partners SAS, which bought United Biscuits in 2006 for more than 1.6 billion pounds, are working with Goldman Sachs Group Inc. (GS) and JPMorgan Chase & Co. (JPM) to explore a sale or an initial public offering of the company, with a final decision due by November, the people said.

    Representatives for Ulker, Burton’s owner Teachers’ Private Capital, Blackstone Group and Kellogg declined to comment. A representative for PAI Partners didn’t immediately respond to a request for comment.

    Sentiment: Strong Buy

  • Small-Cap Selloff Leaves Fewer Stocks Shouldering Rally
    By Joseph Ciolli and Callie Bost
    36 minutes ago

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    Shares tracked by the Russe

    Sentiment: Strong Buy

  • Reply to

    Energy Sector

    by jlgilkeson Sep 22, 2014 2:47 PM
    sam_0534 sam_0534 Sep 22, 2014 2:57 PM Flag

    Energy is big energy holdings... just watch HLT and the IPOs...

    Sentiment: Strong Buy

  • COVERAGE RESUMED: Mallinckrodt plc (MNK) resumed by Barclays. Resumed rating Overweight.

  • sam_0534 by sam_0534 Sep 22, 2014 9:41 AM Flag

    Powered by its strong earnings growth of 136.11% and other important driving factors, this stock has surged by 35.30% over the past year, outperforming the rise in the S&P 500 Index during the same period. Regarding the stock's future course, although almost any stock can fall in a broad market decline, BX should continue to move higher despite the fact that it has already enjoyed a very nice gain in the past year.

    Sentiment: Strong Buy

  • Reply to

    shorted 20K @ 89.29 at the cloze friday

    by jonzunumbnutskellyz Sep 20, 2014 10:59 AM
    sam_0534 sam_0534 Sep 20, 2014 3:05 PM Flag

    didnt close at 89.29 and the high was 89.53.... you must really be stupid....

    Sentiment: Strong Buy

  • The Blackstone Group - Vivint Solar IPO: A Potential Green Triple-Play?
    By Bill Stoller

    Sentiment: Strong Buy

  • Reply to

    Dividend raised today to 50

    by sam_0534 Sep 15, 2014 9:04 AM
    sam_0534 sam_0534 Sep 19, 2014 8:22 PM Flag

    Lots of questions..but I own BX and just trust they are doing a great job and have the CONTACTS to do that....

    Sentiment: Buy

  • Eircom Pulls Share Sale as Investors Favor Holding for Value
    By Joe Brennan Sep 19, 2014 11:28 AM PT 0 Comments Email Print
    Eircom Group, the Irish phone carrier controlled by lenders led by Blackstone Group LP (BX), pulled plans to join the stock market for the third time in 15 years as shareholders concluded they would extract more value by not selling shares at this time.

    Eircom’s main shareholders “expressed their clear preference to continue participating in the upside” from investment in its telecommunications network in recent years, which has only recently begun to feed into its financial results, it said in a statement.

    Feedback from potential investors suggested a valuation, including debt, of between 2.8 billion euros ($3.6 billion) and 3.3 billion euros and that that 3 billion euros was achievable, said a person with knowledge of the matter, who asked not to be named because the matter is private.

    “The company declines to comment on the possible valuation range that was under consideration,” Dublin-based Eircom said in an e-mailed statement.

    Eircom came out of bankruptcy protection two years ago after creditors wrote off 40 percent of its more than 4 billion euros ($5.1 billion) in gross debt, which was accumulated during a series of ownership changes. The company was planning to raise as much as 1 billion euros through a sale sale to further reduce its debt position, three people familiar with the matter said on Sept. 12.

    O’Reilly Takeover

    The former state-owned carrier held its initial public offering in 1999. Two years later, the company was taken over by a group led by Irish businessman Anthony O’Reilly. Eircom returned to the stock market in 2004, before it was acquired in 2006 in another leveraged buyout.

    Eircom lists the group led by Blackstone’s credit units as its largest shareholder, with a 24.4 percent stake, followed by Anchorage Capital Group entities, with 8 percent, and Credit Suisse Group AG with 6.3 percent, according to an Aug. 28 bondholder filing. The current senior lenders are Eircom’s seventh set of owners.

    Eircom hired Rothschild, Goldman Sachs Group Inc. and Morgan Stanley earlier this year to advise on options for the business.

    Sentiment: Strong Buy

  • sam_0534 sam_0534 Sep 18, 2014 2:32 PM Flag

    would think it would move off the older high.. sluggish here..traders are weary I guess...

40.38-0.82(-1.99%)Oct 1 4:01 PMEDT

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