Ironically, it might be better if BV dropped, but the market was looking the other way. This and ACAS show the market doesn't understand buying value for a discount. Being able to buy $1 in assets for 85 cents? Should be a no-brainer. But the market is leery of the stability of those assets. So it underprices them, and the company can't expand. If the company somehow wrote-down a portion of itself and got onto a stable base with growth potential, the market would start overpaying, and the company could SPO periodically, and owning this would be fun instead of stultifying.
Refinancing the debt means it's still debt, you dumb liar. Others have reported the same thing: AMD spends far less on R&D than a company like it should be. AMD's "profits" were due to a windfall period of console sales, which barely got it above breakeven, and are now gone, because the combined intro/xmas season is past..
ARM is going to be a disappointment. AMD is way late to the ARM party, and will be crushed by the dozens of competitors already there. Other than ARM, there is nothing "new". Just expensive customizations of old units.
Predictions will come true. AMD will part out the small things it can spin off, then it will dismiss its shareholders and discharge its debts.
This POS trades exactly like the penny stock that it is.
Dumb liar. You know that institutions have dumped 40% of their shares since Q3 results came out.
Please don't confuse the muppets by using the word "up" in any description of this company's future.
I can see no earthly reason to hold a long VIX position or derivative of any kind for more than a very short, hard-limited duration. And then I'd have to have prescience that the world was about to turn to #$%$. And then I'd have a trailing stop and a fast trigger to take profits as soon as they start to flag. You can't buy the ^VIX itself, and all of the derivatives are sapped by contango, including those that claim to mitigate contango deliberately.
Meanwhile, I can see no earthly reason not to hold a long-term short position in VIX derivatives. That contango in the long tickers works for you in the inverse tickers.
NB, in addition to XIV, there's SVXY, which is basically the identical model, but XIV is issued by VelocityShares and SVXY is issued by Proshares. There might be a nibble of difference in their load (there's always a vig), but their graphs are within tuppence of each other all the time.
I wonder how much of your brain was removed in that operation that you think a few posts on a message board takes "all day", or that convincing people of the truth "means absolutely nothing."
It's clear you're paranoid and in denial. You should probably just quit while you can still understand those words.
Situation normal, AFU, since Bernanke first allowed his lieutenants to float rumors of tapering, ca. last Spring.
Until we get SP above BV, and start doing SPOs again, and can get back into the BATESAT business model, this bar is serving only well drinks.
"and will be legally Russia once they can hold a referendum which the ethnic Russians will of course swamp."
Don't you read my posts? I've been saying since the first mention of "Crimea" that the russians there would vote to be Russians again.
I also dumped money into the XIV when it became clear the VIX was up on threat of violence that would be obviated by a referendum.
Best Buy is the Wal-mart of computer sales. Everyone with a clue buys from online.
That story was on 60 Minutes a year ago.
Here's a dissenting opinion, from Stephen Leeb , a "Contributor" at Forbes:
"...I am not alarmed by China’s so-called ghost cities, much less Chinese overbuilding or vulnerability to a crash. The fact is, China’s urbanization goal requires that it build roughly 100 cities in the next decade, vastly greater than the scant, same five “ghost cities” belittled again and again over the last decade.
Of the targets, Ordos has garnered the most publicity, probably due to its size and Mongolian desert location. But two documentary filmmakers, Adam Smith and Song Ting, offer a very different and compelling assessment. Ordos 'sprang to life' on the heels of a major coal discovery. That led to massive building. Really, Ordos includes two cities, one already a vibrant metropolis of 2 million residents whose average income matches that in the U.S., the second as yet small, but as the film makers suggest, starting to catch fire."
Like I said. Do not underestimate the wildfire that is Chinese population and GDP growth. They are still way, below the rest of the devloped world in per-capita everything, and anyone betting against them continuing to grow until they catch up is a buffoon.
Fact: Fudsters have been calling Chinese real estate a "bubble" since 2007. Fact: Chinese housing prices declined in 2010 and 2011 and only started picking up again in 2012. Fact: Chinese RE prices lag GDP growth. Fact: the Chinese government can and will maintain 7% growth rates. Fact: The Chinese population is the fastest-growing on the planet. Fact: Macau casinos will continue to feed off Chinese growth, and are in fact _driving_ part of it.
You're flogging very old, very dead horses, fudbuckets, and using very old, very limp noodles to do the flogging.
You are correct, blind diversification just opens you up to obviously bad use of a portion of your capital. But that's not what diversification is for. Diversification is to be used when you can't tell which of several strategies is better. In that case, your best bet is to spread your risk among them, giving you less exposure to ruin in either one.
Which means your suggestion about the mattress is risky. You have to consider cash a strategy as well, and anyone who knows what "inflation" is knows that cash has risks.
I'm currently about 10% in cash but inflation will increase as unemployment drops so I should look for a place to put that other than the electronic mattress.
Aside: Andrew Carnegie says, “put all of your eggs in one basket, and then watch that basket.” But he never really did that. What he did was to _control_ the basket, which is the best way to ensure the eggs stay in it. Retail investors don't have that power. We trade our eggs for IOUs, and hope the ink doesn't run.
Again with the projectile buffoonery. Chinese real estate investment, both domestic and in foreign markets, is still booming, and lowering the Yuan and interest rates will both result in increased buying.
Why do you waste our time bringing your ignorance here? You do no research at all, you hear a rumor and rush to use it as FUD on this message board. Everything you've ever posted has been refuted by the facts. You've been continually slanderous and wrong and anyone listening to you is now stuck for over $100/share in losses, and $200/share in lost opportunity.
I sincerely hope you actually went short since you began posting. The thought of you crying onto your keyboard as you try to claw back a few nickels on your loss is hilarity itself.