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Amgen, Inc. (AMGN) Message Board

vjpj1110 118 posts  |  Last Activity: Jul 2, 2015 5:47 PM Member since: Nov 18, 2009
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  • vjpj1110 by vjpj1110 Jul 2, 2015 5:47 PM Flag

    Seems they're going ahead with it. The way the stock has been trading, don't know whose going to pay the price, if the 60 cents they're talking about is US, not Canadian .

    Sentiment: Hold

  • At least for July. Too bad it's dropped a year's worth of dividends (in the past month), since they last announced they were keeping it unchanged... ;-(

    Sentiment: Hold

  • Reply to

    Don't Panic

    by adaphope Jun 29, 2015 9:22 PM
    vjpj1110 vjpj1110 Jun 30, 2015 12:39 PM Flag

    We'll see, hopefully it moves them closer to actually producing Li. Unfortunately the market doesn't seem thrilled (to put it mildly, with WL dropping 10%), my guess becasue of the substantial premium WL paid for LAC.

    Sentiment: Hold

  • Reply to

    Held my nose

    by vjpj1110 Jun 29, 2015 1:43 PM
    vjpj1110 vjpj1110 Jun 30, 2015 12:30 PM Flag

    How's your short position doing today?

    Sentiment: Hold

  • Reply to

    Greeks Are Stuuned At No Deal

    by fitt.george Jun 29, 2015 3:24 PM
    vjpj1110 vjpj1110 Jun 29, 2015 7:59 PM Flag

    Tsipras had delusions of grandeur, thought he could use his game theory to bluff his way to fulfilling the promises he made to get elected, Then they called his bluff.

    Perhaps it's his fallback strategy to scare everyone, including the Greeks, so they vote "yes" on the referendum, after which talks get restarted?

    Sentiment: Hold

  • vjpj1110 by vjpj1110 Jun 29, 2015 1:43 PM Flag

    And bought at $3.74. Look out below.

    Sentiment: Buy

  • vjpj1110 by vjpj1110 Jun 29, 2015 9:55 AM Flag

    Don't see any news. Somebody must know something I (we?) don't.

    Sentiment: Hold

  • Reply to

    Deal with Thai Co

    by vjpj1110 Jun 25, 2015 3:57 PM
    vjpj1110 vjpj1110 Jun 26, 2015 3:17 PM Flag

    Incorerct. I didn't say "beating around the bushes", actual idiom I believe is "beating around the bush," because that's not what I intended to say. I said "beating the bushes" and that's what I meant.

    Sentiment: Hold

  • vjpj1110 vjpj1110 Jun 26, 2015 3:11 PM Flag

    Agree, the only one they had anything to do with, that's gone up, is EQC and it only after it was clear they were getting kicked out.

    Sentiment: Hold

  • Reply to

    Deal with Thai Co

    by vjpj1110 Jun 25, 2015 3:57 PM
    vjpj1110 vjpj1110 Jun 26, 2015 11:57 AM Flag

    Not saying it was a bad deal, just wish the deal with the "70 million Thais" was any where big enough for starting the plant and really get going. Then we'd really have something to cheer about. Instead it's more waiting for tests to get a total of $5 million,

    The market's assessment apparently... yawn.

    Sentiment: Hold

  • Reply to

    Deal with Thai Co

    by vjpj1110 Jun 25, 2015 3:57 PM
    vjpj1110 vjpj1110 Jun 26, 2015 11:49 AM Flag

    Didn't say they didn't get a fair price, but 19% more stock is dilution to me, the same way as any form equity offering.

    Sentiment: Hold

  • vjpj1110 by vjpj1110 Jun 25, 2015 3:57 PM Flag

    Good, bad, or indifferent? You have to give WL credit for "beating the bushes" to keep finding financing. But like the las dealt, this ones' quite a small amount in relation to what they need for a plant and again at the "expense" of more dilution. The Thai Co must think WL has something worthwhile and yet the bulk of the $ is contingent on positive results from the tests in Germany "in the fall"... so obviously doubts remain.

    Sentiment: Hold

  • Reply to

    Greek mess

    by jwells_pt Jun 25, 2015 12:07 PM
    vjpj1110 vjpj1110 Jun 25, 2015 2:49 PM Flag

    It went up or more than held its own and other Greek-worry days, so doubt it's that. Only thing I can think of for this big a klunk, is someone thinks or knows an equity offering is coming.

  • vjpj1110 vjpj1110 Jun 25, 2015 10:36 AM Flag

    Make that $17.8 mil worth now.

    Sentiment: Hold

  • vjpj1110 vjpj1110 Jun 24, 2015 8:57 AM Flag

    Nope never did, don't see why anyone with a "good job" should. And if the expensive financing is just to keep paying management as well paid as it's been paid all these years, can't say I'm thrilled. Would have hoped it was put to better use.

    Sentiment: Hold

  • vjpj1110 vjpj1110 Jun 24, 2015 8:49 AM Flag

    Now I know why I put you on ignore a long way back, now. But for some unknown reason, I recently started getting alerts from yahoo that you were replying to my posts.

    You are the definition of a self-deluded nitwit, one who actually believes he knows something, obviously incapable of doing any analysis to try to refute some else's and can't even remember things properly. E.g., I never said you were "crazy to buy in the 40s".

    So you resort to personal attacks and the repetitive infantile claim, the same one you make to everyone who doesn't buy off on your constant pipe smoking nonsense, that they are short and/or want to convince others to sell to drive the stock down.

    I've been in the markets for a long time and it's clear you are either a complete newbie or a complete fool that has nothing better to do than post reams of BS on a screen. Judging by how many thumbs down you get on your posts, that's how others view your drivel.

    The demand for Li could soar, driving prices up and still make WL a big winner, for you. But in your case that would truly be a case of dumb luck.

    Back on ignore you go and I'll try to stop the alerts from yahoo.

    Sentiment: Hold

  • vjpj1110 vjpj1110 Jun 23, 2015 10:49 PM Flag

    I have 33,400 shares at avg price $0.335. Bought my first shares in during the crash of 2008, more when it dropped in 2011, so you'd have to say I've been in for the "long haul". My biggest worry remains, despite all the encouraging signs that some on the mb seem to see (one on here is clearly either totally naive or a mindless pumper) , is that WL's long haul has become a very long haul and my experience with start-ups, the longer the gestation period gets, the longer the odds get of the early stockholders ever winding up big winners.

    With all the progress with electric cars, and compensate demand Li, why has it taken WL soo loong to get out of blocks, find financing or a partner and get really moving?

    The fact that they recently had to pay so dearly for such a small amount of financing, was not encouraging to me that they are finally on the verge of big things, aka demonstrating beyond doubt they have a reserve that can produce enough Li on an economic basis.
    Could happen tomorrow and so I hold, but like waiting for an overdue letter, the longer it doesn't show up...

    Sentiment: Hold

  • Reply to

    America Only Country Failing To Act

    by spanspur Jun 22, 2015 10:33 AM
    vjpj1110 vjpj1110 Jun 22, 2015 3:55 PM Flag

    "Actually in the past 8 years, they've been less incompetent."

    You mean including the last year and half of the Bush administration? But honestly and I'm one of the last in the middle of the road politically, it's really hard for me to see anything this administration has done that could be described as competent.

    Sentiment: Hold

  • Reply to

    Review of WL's numbers

    by vjpj1110 Jun 21, 2015 3:53 PM
    vjpj1110 vjpj1110 Jun 22, 2015 11:56 AM Flag

    Hope you're right. If so wish they'd quit using the old figures in every every report and at that warning they might not be reliable. If they have good evidence of that they have larger reserves, why not publish the upward revisions, which I thick could well boost the stock?

    Sentiment: Hold

  • Using WL's estimates which thy keep reminding us are old. They say they have 11 millions tons of reserves at an average grade of 0.31% - 0.37% Li. Using 0.34% as an average and the fact that you get 6 lbs of lithium carbonate for each pound of Li, by my calculation 11 million tons would yield about 224,000 tons of lithium carbonate, assuming they can get 100% recovery. At the current prices of $6,000/ton that would produce about $1.35 bil in sales over the life of the resource.

    In my book not a huge a figure, considering how much plant is needed, operating costs and how many years it'll take to get it. Seems to make WL a be a big winner, will take considerably higher Li2CO3 prices.

    Sentiment: Hold

AMGN
153.26-1.73(-1.12%)Jul 2 4:00 PMEDT