I thought it was a reasonable question and a reasonable discussion, and yes it is a direct copy and paste of my statement, or part of it anyway. E2MB posted about 30 minutes later. Not only is your thread deleted, my post does not even show up in my message list.
This sort of thing discourages folks from posting their ideas. I don't expect any claim of ownership to statements made on the boards, but to copy, paste, and delete someone else is a sad sign of where we are heading.
Very possible its an organized shake-out with the timing here and the modest bounce back right now but still quite concerning to see an effort to bring the stock down. It hasn't been this low in months and months yet the business model is stronger. Very concerning indeed. I would just like to see management grab this thing by the horns.
I don't know about a $30 move, but a $31 buy-out sounds good over the 12-18mo timeframe.
Best way to play the holiday weekend.
USA has about 0 credibility anymore. Keep an eye on next round of Snowden docs.
UUP calls cheap. Ride it up. On a serious problem, dollars will dry up and cause a strong rise.
NOK.... well, good luck over there in Europe.
I like the toothpastes, the soaps and deodorants.
Used to buy this really great veggie juice but now Shop-Rite has it for half the price, same exact label.
The market opens and USD retreats against all sorts of EUR dilution. What gives? What magic occurred at 9:30am to drop USD by 0.15% so quickly? At same time S&P down by 0.65%??? Help me understand???
If USA can not repay debts it is because of lacking for USD which means rates go up and stocks sell off which means less of USDs available for trading which means inherent deflation, strengthening of USD. Especially while EUR is diluting even faster now. USD should see strong gains- signs of a very sick and propped up economy unwinding.
JPM progressing as expected, actually faster than expected, while NOK in EUR trouble as expected. Only part of my plan not working is USD slipping today.
I ask, with EUR severe dilution occurring, price of gold trading lower, and S&P off by 0.85%, HOW DOES USD trade with strength up until 9:30am then sell off by almost 0.20%???
USD should be up nicely today!
Kublican, thank you for your comments regarding potential issues in the repo markets. I am not able to find anything. Bloomberg was discussing that Yen and Rand are garnering positive attention offsetting EUR/USD swing. I highly doubt there is enoug activity to warrant a falling USD concurrent to falling PoG and S&P. More interested in what you mentioned, wish I could find something a bit more concrete.
Nice work. In a nutshell, recently even borrowing a T-bond to cover a short-term debt is costing as high as 3% on the day, an outrageous skim off the top. I find it hard to believe that T-bonds are in that short of a supply. This is a leading indicator of drying liquidity. So if Fed is tapering, this is the first result here. Approaching failure rates as high as 2008 levels, this is something we can expect the Fed to address. Only thing to do is issue more bonds. They will need Treasury to help, very unlikely in this climate. My hypothesis stands, we will see the USD strengthen, it is already manifest supply is dwindling.
Eh, give Frenchie a break. I'm more convinced today that most of France was bought off or blackmailed leading into the 28-day surrender. Not fear or lack of military capacity. Look how well it worked throughout the middle east in the post ww2 era.
Repo market experiencing highest failure rates since 2008, a leading indicator that Fed tapering is directly leading to T-bond supply crunch. 3% skim off the top to borrow a T-bond is outrageous. Very unlikely Treasury will issue increasing bonds in this climate, so what's a Fed to do? USD set to strengthen, banks to see immediate impact.
So, let's 2-step this. If we believe USD is to strengthen, and if we believe Banks will feel the liquidity crunch first in the repo market, then we must also believe some managers at these banks are already aware and hedging their needs in the repo market. So where do we turn our investment minds to? Where will these banks find liquidity? That's the investment opportunity.
Let's hope it isn't so simple as being short the market in a big way.
No. MJNA has settled with Dixie Holdings and per this agreement announced yesterday, Dixie Holdings has bought out the Dixie Elixirs brand and IP from MJNA. MJNA now owns what is left of Red Dice Holdings, which is anything related to CBD and absolutely nothing to do with THC.
You do not know that. MJNA may have paid Dixie Holdings more for Red Dice than Dixie Holdings paid MJNA for the Dixie Elixirs brand and IP. You flat do not know that MJNA earned income on the settlement.
As to edibles, CanChew is about to be sold off, read between the lines, HempMeds dumped the marketing effort back on them and pathetic sales were down 18% QoQ. Or are you not capable? If MJNA wants to make investments into THC edibles this would distract from the CBD effort which is growing 100% QoQ. I see no evidence that they are developing THC edibles and I see more evidence to the contrary that their own edibles segment CanChew is going to be spun off.
We don't know how much the settlement cost and Q2 is supposed to report "on time" meaning could be very soon. Also more detailed info such as P/L instead of top-line revenues would be nice.