Level 1: VASCO
Level 2: European subsidiary = "sold by a VASCO European subsidiary"
Level 3: to an unafilliated third party distributor"
Level 4: "third-party distributor may have resold to parties in Iran,"
"Total VASCO revenues from ALL sales to the particular distributor during the period relevant to review by OFAC and BIS
(June 1, 2010 through June 25, 2015) were approximately $3.1 million. "
1. Period of 5 years.
2. Part of the 3rd party distributor sales, over 5 years, was a part of $3.1 million.
Not much considering (during which VASCO total sales was in the $Billions
Not it is 87 shares and 38 shares.
Always trying to mess up the orders to avoid matching except on their own even lot orders.
When the order book has weird order sizes like 33 shares or 32 shares, that is shorts trying to manipulate the stock.
These orders never match but remain in the queue.
They are having a problem today.
CALM is one I've held since its IPO nearly 20 years ago. Best investment on the planet, both from a fundamental perspective and rate of stock price appreciation. Better than Google long term ........ etc.
Shorts have been clobbered on that one from 1996 right through this year.
--Retired Chicken Farmer
VDSI will clobber shorts as well.
Makes zero sense to me when commodity prices are near record lows such as copper, steel, aluminum, plastics, energy.
The economy of Brazil is in deep trouble.
You would think Brazil would step up to the plate and maximize this input cost advantage to its fullest.
Why cannot ERJ come through with record sales and profits utilizing the cost advantage?
Yes. Then, suddenly, QCOR was taken over for about $95 per share! That was one lesson for shorts to consider.
Sentiment: Strong Buy
1. Rabo 30% of business for 2014
2. The new customers including major banks and governments installations take time.
3. Anyone who can read a balance sheet knows things are far better than today's reaction.
July 28, 2015 earnings numbers (primarily from that balance sheet):
Cash & equivalents : up $9,669,000.
Cash is now $157,000,000.
Accounts receivable: up $9,159,000 = More money coming in next quarter for earnings already in the pipeline.
Total assets increased: $20,181,000.
Accts payable dropped: ($4,696,000) = less to pay out means more earnings next quarter.
Total liabilities dropped: ($6,313,000) = lower current obligations going into next quarter.
Tot stockholder equity up $26,494,000 = more value for shareholders.
Operating income up greater than prior year by over 100% = excellent growth both 3 month & 6 month periods!
The acquirer fails to pay enough to the executives of the company to be acquired.
In order to succeed in this takeover Teva failed to pay enough golden parachute money.
Looked at MON chart and it doesn't look enticing based on its last stock price drop from 127 to 47. (127 is about 270% of 47)
"Congress may block states from GMO food labeling"
Likely that the Federal Government will prohibit states from mandating GMO food labeling.
How do they enforce that:
By not making payments to states that require food labeling.
Feds get taxes and fees from states via individuals.
States receive some of those taxes & fees back from Feds.
Feds control states by amounts rebated to states.
Lobbyists ultimately control what the Feds do and do not do.
Good for Monsanto because Monsanto has a strong lobbying force.
Agree. Strange timing of the announcement. See latest SEC Filing, summary.
"Total VASCO revenues from all sales to the particular distributor during the period relevant to review by OFAC and BIS (June 1, 2010 through June 25, 2015) were approximately $3.1 million."
Some part of $3.1 million by the offending 3rd party distributor over the 5 year period.
Massive debt, commitments to vendors.
See Bloomberg report today on NFLX off balance sheet amount due to vendors.
Netflix says the off balance sheet amounts are not on the balance sheet because they don't know what the amount is (see Bloomberg today).
But, that's ok. Another AMZN in the works here until a better mousetrap comes along.
I've learned from over 50 years experience investing that companies without an emergency exit do not do well. I prefer companies with the strongest foundation with all footings in place.
The good thing is that Macy's has been a great investment for decades but it's now over. I can thank Stanford for the opportunity to get out and move on. I feel sorry for they buyers at this point unless they get out sometime before the demise.
Review the balance sheet coming out of this quarter. The reason for the drop is in it.
Cash down. Receivables down. Other issues. Points to a potential problem next quarter.