Current Market News:
A Stunning revelation! Warren Buffett's performance decreased by 40%
Warren Buffett's performance for each of the last 4 decades decreased by a stunning 40%! after setting a record during 1975-1984, Mr. Buffett's performance precipitously declined over the years as the easy money making opportunities started to disappear.
We were very surprised by the magnitude and the predictable nature of his declining performance. Mr. Buffett, unfortunately, never regained his former glory! Judging from his own historical performance, we think, returns for 2015 – 2024 could drop to single digits!
@DailyStockDeals
This e-mail address is being protected from spambots. You need JavaScript enabled to view it
Facebook generated $3 billion dollar profit from its 1.3 Billion Users
YouTube Generated ZERO Dollar profit from its 1 Billion Viewers
Revenue growing at Google video site, but still limited by narrow audience
Google Inc. nurtured YouTube into a cultural phenomenon, attracting more than one billion users each month. Still, YouTube hasn’t become a profitable business.
The online-video unit posted revenue of about $4 billion in 2014, up from $3 billion a year earlier, according to two people familiar with its financials, as advertiser-friendly moves enticed some big brands to spend more. But while YouTube accounted for about 6% of Google’s overall sales last year, it didn’t contribute to earnings. After paying for content, and the equipment to deliver speedy videos, YouTube’s bottom line is “roughly break-even,” according to a person with knowledge of the figure.
By comparison, Facebook Inc. generated more than $12 billion in revenue, and nearly $3 billion in profit, from its 1.3 billion users last year.
The results reflect YouTube’s struggles to expand its core audience beyond teens and tweens. Many YouTube users treat the site as a video repository to be accessed from links or embedded video players posted elsewhere, rather than visiting YouTube.com daily. Google executives want them to turn on YouTube the way they turn on television, as a habit, where they can expect to find different “channels” of entertainment.
That is a problem still facing veteran Google executive Susan Wojcicki as she begins her second year running YouTube, one that could be tougher to solve if declining profit margins for Google overall limit her ability to invest in new content and services.
New challengers also add urgency to her task. Facebook and Twitter Inc., which routinely send traffic to YouTube, are building their own video offerings. Facebook, and startups such as Vessel, are trying to poach YouTube stars. Meanwhile, Amazon.com Inc. and Netflix Inc. are changing the image of “online video” by licensing Hollywood-produced content and creating original programming.
“There’s a lot of junk” on YouTube, says Pivotal Research analyst Brian Weiser. “If they want meaningful TV budgets, they need to invest in TV content.”
Robert Kyncl, YouTube’s head of business and content operations, says online video is on the cusp of a growth spurt, much like cable television 30 years ago. He says it makes more sense for YouTube to invest in “Internet native creators,” rather than traditional TV shows.
Google bought YouTube in 2006 for $1.65 billion, but generated little revenue in the early years. Revenue accelerated in part due to skippable ads YouTube introduced in 2010. Viewers like them because they can skip ads they don’t want to watch; advertisers like them because they pay only when viewers do watch.
Sources: Wall Street Journal OxBridge Research, OTCKING, DailyStockDeals, OTCstockIQ
Video streaming, snap chat video, facebook live streaming, video on demand, mobile video, wireless video
Home Builders Tap the Sun
Solar Panels Are Standard for New Houses in Some Areas; Electricity at 20% Off
GOLDEN, Colo.—When Donnie and Michelle Holsworth bought a three-bedroom house here in October from builder Lennar Corp. , they got more than a home. The purchase included 20 years of cut-rate electricity powered by a Lennar-owned solar system on the roof.
Many companies have been trying to make it easier and cheaper for homeowners to generate electricity from the sun, chipping away at the utilities’ monopolies. The number of residential solar installations has climbed, aided by their declining cost and government incentives.
Now home builders have jumped in. Such systems are less expensive to install during a house’s construction than afterward, while some builders offer the cheaper option to lease a system rather than buy one.
The moves are applauded by solar advocates, who say the involvement of builders will increase solar usage while eliminating the steep upfront cost of the equipment, which can run from $10,000 to $20,000.
“Up to this point, retrofits have been by far the largest portion” of homes with solar power, said Rhone Resch, chief executive of the Solar Energy Industries Association, a trade group. But that could change, he said, as more builders incorporate solar.
Few companies have gone as far as Lennar, the nation’s second-largest home builder. Consumers shopping for a Lennar home in more than 100 of its developments in California, 11 in Colorado and a handful in Nevada find that almost all the houses have solar panels. The company plans to expand the program to more states, focusing on locations that have programs to encourage renewable energy.
“We aren’t offering homes with solar as an option—it’s a standard feature” in certain communities, said David Kaiserman, president of Lennar Ventures, which oversees the builder’s solar project.
Other builders, including KB Home and Meritage Homes Corp. , don’t keep ownership of the hardware but opt to either sell the entire system to buyers or let a third-party provider install and operate the solar gear.
Sources: Wall Street Journal OxBridge Research, OTCKING, DailyStockDeals, OTCstockIQ
solar power, solar subsidies, solar energy, solar panels, solar vs wind, solar energy storage, portable solar, cheap chinese solar, top solar companies, worlds top solar energy producers, american solar subsidies, federal solar subsidies, solar grid
VISA Sued by Discover! Discover suing VISA over Debit Cards
(Reuters) - Discover Financial Services Inc sued Visa Inc on Tuesday, alleging the world's largest cards company has been using anti-competitive practices in its debit card business, and sought compensation for lost profit, court documents showed.
Discover, through its Pulse Network LLC unit, alleges that "in order to maintain its monopoly, Visa has undertaken a series of illegal actions that undermine competition – harming rival debit networks, merchants, acquirers, card issuers, and consumers."
Representatives at Visa could not immediately be reached for comment outside regular business hours.
Pulse requires its debit cardholders to authorize transactions with a personal identification number (PIN). Most Visa transactions use customer signature.
The lawsuit alleges that "Visa has a long history of making sure that PIN debit does not predominate, including undertaking illegal behavior to fend off competitive threats to its debit network services monopoly."
In the petition, Discover said that Visa is offering economic incentives to merchants to choose the Visa network for transactions.
Discover is challenging a Visa rule that requires financial issuers of Visa signature debit cards to also include Visa's PIN services instead of allowing other PIN networks like Pulse to compete for that business.
The case is Pulse Network LLC v. Visa Inc in the U.S. District Court of Southern District of Texas, Houston Division. Case: 4:14-cv-03391.
(Reporting by Supriya Kurane in Bangalore; Editing by Gopakumar Warrier)
Courtesy: Reuters
Daily Stock Deals OxBridge Research OTC Stock Wire
VISA,Master Card, Mastercards, Discover, Credit Cards, Debit Cards, Pinless cards, credit card fraud, anti-competitive credit cards, low interest credit cards, low interest cards, interest free, no interest, debit cards, bank cards, store cards.
Penny Stocks Fueling Big Dollar Dreams.
Fannie, Freddie and Other Cheap stocks Spur a Rush on OTC
Investors are piling into the shares of small, risky companies at the fastest clip on record, in search of investments that promise a chance of outsize returns.
The investors are buying up so-called penny stocks—shares of mostly tiny companies that aren't listed on major U.S. exchanges—at a pace that far eclipses the tech boom of the late 1990s. Those include firms that focus on areas from medical marijuana and biotechnology to fuel-cell development and precious-metals mining—industries that are perceived by some investors as carrying strong growth potential.
Average monthly trading volume at OTC Markets Group Inc., OTCM 0.00% which handles trading in shares that aren't listed on the New York Stock Exchange or Nasdaq Stock Market, NDAQ +0.25% has risen 40% this year in dollar terms from a year ago, to a record $23.5 billion.
The renewed interest in a market that used to be known as the pink sheets—because of the colored pieces of paper once used to record prices for unlisted stocks—shows investors are ramping up risk in a bid to boost returns as U.S. stock indexes are hovering near highs and stock valuations have risen above historical norms.
Steve Templeton, 42 years old and a full-time day trader, said his winnings on unlisted medical-marijuana stocks allowed him to move to Tennessee, where there is no state capital-gains tax, from California earlier this year.
"I like things below three cents, because of the upside potential, and it limits the downside," Mr. Templeton said. "I buy twice what I want, and when it [doubles or triples], I sell half, and keep the rest."
One of his more successful investments this year has been Latteno Food Corp. LATF +4.76% , a maker of edible medical-marijuana products company based in Denver. He bought two million shares at $0.0008 in mid-January, and sold one million shares when the stock more than doubled to $0.002 less than two weeks later. Shares hit $0.0042 each in recent trading, about five times the price he originally paid.
Many smaller companies have seen sharply higher trading volumes this year, including 2050 Motors Inc., ZEGGD +12.50% a Las Vegas developer of carbon-fiber electric cars; MySkin Inc., a Newport Beach, Calif., provider of management services to spas; and GrowBlox Sciences Inc., GBLX +17.04% an Orlando, Fla., medical-marijuana company.
Traffic on penny-stock trader forum InvestorsHub doubled between Christmas and last month, said Clem Chambers, chief executive of U.K.-based financial website ADVFN.com, which operates the forum. He said people who have been registered members for years, in some cases a decade or more, account for three-quarters of the increase.
"A lot of these people, who were looking from afar, are coming back," Mr. Chambers said. "It feels like somebody pulled a switch."
The rebound also comes as individual investors are showing signs of increased interest in stock trading in general. Discount brokers TD Ameritrade Holding Corp. AMTD -0.23% and E*Trade Financial Corp. ETFC -0.59% last month reported jumps in daily trading volume in the first quarter from the same period a year ago.
The rising volume in the tiniest of stocks is taking more investors into what is arguably the riskiest part of the stock market. These companies have less regulatory oversight than those traded on the exchanges, and their low prices mean that small price moves can quickly add up to big percentage moves.
In addition, penny stocks are often prime hunting grounds for scammers and "pump and dump" schemes. Stock promoters—often masquerading as regular investors on chat boards—tout a name, only to unload shares into a thinly traded market, taking profits for themselves but inflicting losses on other investors.
The Securities and Exchange Commission recently issued an investor alert warning of possible scams involving marijuana-related stocks, noting that "fraudsters often exploit the latest growth industry to lure investors with the promise of high returns." The SEC has halted trading in five marijuana-related stocks over the past two months because of fraud concerns.
While many of the shady "boiler room" brokerage call centers have been shut down by regulators, and although most of the volume is in legitimate companies with real profits, Mr. Chambers said it is still a market of "extreme risk."
"It's the closest you can get to pure gambling," Mr. Chambers said. "It's not all nightmarish companies, but the ones that capture the imagination are the most crazy ones."
Penny-stock investors also have broader market risks to consider: Liquidity in OTC markets dried up in 2001 as the tech bubble popped, and in 2009 following the financial crisis.
Some of the recent jump in OTC trading has come from shares of well-known companies, such as the delisted mortgage-finance firms Fannie Mae FNMA +0.23% and Freddie Mac FMCC +0.70% and large, foreign corporate titans that aren't listed on major U.S. exchanges such as Volkswagen AG VLKAY +1.03% , BNP Paribas SA BNPQY +0.71% and Roche Holding AG RHHBY -0.27% . Excluding Fannie, Freddie and foreign shares, trading volumes are up 50% from a year ago.
Some investors say they have made money trading shares that could soon join the unlisted world: shares that are listed on an exchange but subject to possible delisting because of low prices.
Ryan Ung, a store manager in California in his 40s, realized a large profit by purchasing FuelCell Energy Inc. FCEL +1.43% for less than $1 a share in early 2013, after the Nasdaq warned of a potential delisting for low share prices. That threat was removed in January 2013 after the shares rallied. Shares recently traded at $2.10, a little more than half this year's closing peak of $3.93, hit March 10.
Mr. Ung took a long break from trading penny stocks after the stock-market collapse in 2008 but started following the market again in early 2013, after on online newsletter on alternative-fuel stocks rekindled his interest. "I wanted to find something small" with a high profit potential, Mr. Ung said.
Not all penny-stock trades work out so nicely. Mr. Templeton bought Citadel EFT, a credit-card-processing-services company with interest in the medical-marijuana industry, at 82 cents a share. The stock was halted by the Securities and Exchange Commission at 68 cents after the market closed March 20 because of questions regarding the accuracy of several public disclosures.
After the halt was lifted following the company's response to the questions, the stock closed at eight cents a share on April 4, and was recently changing hands at two cents.
Write to Tomi Kilgore at
This e-mail address is being protected from spambots. You need JavaScript enabled to view it
-
-
Hot Penny Stocks: CPHI, TPI, AXN
Don't miss the NEXT premium Alert! Sign-up, Get Alerts, MakeMoney!®
Disclaimer/Disclosure: we received or expecting compensation from the featured company. Our firm, principals and staff may own/buy/sell/trade stock/securities of this company. Always Read the full Disclosure/Disclaimer. Thanks.
Stocks to Watch today: BGMD, IPCI, OGEN
IMUC our featured company up 15%, watch ARQL, NIHD, CTIC
Stocks to watch: $ZOOM $XTLB $CDXS $PZG
Don't miss the NEXT premium Alert! Sign-up, Get Alerts, MakeMoney!®
Disclaimer/Disclosure: we received or expecting compensation from the featured company. Our firm, principals and staff may own/buy/sell/trade stock/securities of this company. Always Read the full Disclosure/Disclaimer. Thanks.
CHTP up 100% ! stocks to watch today CVM, BONE
RNN our pick from 1/7 up 35% today! Stocks to Watch, CNTF, PAL
Don't miss the NEXT premium Alert! Sign-up, Get Alerts, MakeMoney!®
Disclaimer/Disclosure: we received or expecting compensation from the featured company. Our firm, principals and staff may own/buy/sell/trade stock/securities of this company. Always Read the full Disclosure/Disclaimer. Thanks.
HEMP joins the Pot party, Dope heads dancing with glee,
MJNA, CBIS, PHOT, GRNH up double digits, Marijuana stocks at new highs
Stock Watch List for 01/06/2014: PPHM, SEED, Solar Energy Stocks gaining steam keep an eye.
Stoned investors rushing to cash out, Pot crashed, double digit losses in Dope stocks, Marijuana madness deals a big blow. If you are sober try to PLUG away! BLDP, FCEL gaining momentum.
Don't miss the NEXT premium Alert! Sign-up, Get Alerts, MakeMoney!®
Disclaimer/Disclosure: we received or expecting compensation from the featured company. Our firm, principals and staff may own/buy/sell/trade stock/securities of this company. Always Read the full Disclosure/Disclaimer. Thanks.
PLUG on target, meets Rev Expectations, grabs a contract with Walmart. Marijuana stocks got a huge boost, Colorado and Washington legislation and speculations helping MJNA, CBIS, GRNH rack up 100% gains in less than a week.
Lets Smoke, Lets Smoke! Penny Stock Traders end the year on a HIGH note! Pot stocks gone crazy! MJNA, CNBS, GRNH
BIOL a pick from 12/27 up 17% today! Watch VGZ, BAA
Don't miss the NEXT premium Alert! Sign-up, Get Alerts, MakeMoney!®
Get more Fresh, Hot Picks Everyday! its FREE! Profit from our insight!
-
- 40% in a day? not so bad!
Small Stocks, Big Gains! Watch ENZN, BASI, IFON. Happy Holidays to all of you, specially to our members, followers, guests, thank you so much! Staff @ OxBridge Research
Our pick from last week, CRMD up 35%, stocks to watch, BONE, SYN, CNTF, Small Stocks Big Potential:Profit from our insight. You can become a member anytime! its FREE!
Small Cap Watch List: IDN,AMRN, OCZ, get More FREE picks, Small Stocks Big Potential:You can become a member anytime! its FREE!
Experience the incredible stock picks, 60% in 3 days, ALIM, Picks before they PoP, Best Picks on the Planet
Big Gainers, SYNM, IFON, RSOL, get More FREE picks, Small Stocks Big Potential:Profit from our insight. You can become a member anytime! its FREE!
PATH our pick from last week Up 40% today! Watch AGEN, RVLT, PTRC, Small Stocks Big Potential:Profit from our insight. You can become a member anytime! its FREE!
Huge Gainers, Hot Stock Picks for 12/13/2013: CLSN, PTIX, CNDO
An unique opportunity!
Get Featured on our Network (10 Websites and Blogs). You could reach thousands of potential investors
everyday. Don't miss out! Contact us today.
Our Pick GNVC up 44% today! We alerted you about OCZ, $OCZ is rocking! Small Stocks Big Potential:Profit from our insight. You can become a member anytime! its FREE!
Small Caps Big Potential, 12/11/2013:LIVE, CYTR, RNN, BGMD, Profit from our insight. You can become a member anytime! its FREE!
NNRX could bounce back big! Watch NAVB, THM, get More FREE picks, Profit from our insight. You can become a member anytime! its FREE!
PLUG our pick from yesterday up 100% in 3 days, watch list, BOSC, ENZN, VSCP, get More FREE picks, Profit from our insight. You can become a member anytime! its FREE!
Penny Stock Picks for 12/05/2013: PLUG, CALI, VELT, CBMX, get More FREE picks, Profit from our insight. You can become a member anytime! its FREE!
Hot BioTech, Pharmaceutical Stocks 12/04/2013: ABIO, CXM, CYTR get More FREE picks, Daily Stock Deals, Profit from our insight. You can become a member anytime! its FREE!
BAXS our Pick from last week Up 20%, UNIS, ETRM score double digit gains!
Hot Stocks to watch, 12/02/2013: NLST, VSCI, BSPM, get More FREE picks, Daily Stock Deals, Profit from our insight. You can become a member anytime! its FREE!
Our pick, The Unstoppable, ELTK Up 80% in 3 days!
Keep an eye on, BIOS, ATRM, 11/27/2013, Happy Thanksgiving!
Its a Bubble baby! Its a Bubble! our pick from Yesterday, ELTK Up 40%!
HOT Picks! CAMT our pick from last week (11/20), Up a whopping 60% today!
“ARIA has a great potential!” We said on Friday check it out! get More FREE picks, Daily Stock Deals, Profit from our insight. You can become a member anytime! its FREE!
Stock Picks for 11/22/2013: ARIA has a great potential! PACB, get more FREE picks, Daily Stock Deals, Profit from our insight.
Stock Picks for 11/21/2013: BONE, CBMX, OCZ, CPAH, get more FREE picks, Daily Stock Deals, Profit from our insight.
Stock Watch List for 11/20/2013: SGOC, UNIS, INO, get more FREE picks, Daily Stock Deals, Profit from our insight.
Big Winners, Huge Gainers, 11/19/2013: IPCI, HZNP, get more FREE picks, Daily Stock Deals, Profit from our insight.
Stocks to watch 11/18/2013: DNDN, ERB, CPRX, get more FREE picks, Daily Stock Deals, Profit from our insight.
Stocks to watch 11/15/2013: IDRA, WYY, OPXA, get more FREE, Daily Stock Deals
Don't miss the NEXT premium Alert! Sign-up, Get Alerts, MakeMoney!®
we received or expecting compensation from the featured company. Our firm, principals and staff may own/buy/sell/trade stock/securities of this company. Always Read the full Disclosure/Disclaimer. Thanks.
Hot Stocks: SCON, VELT featured on OxBridge
see VELT profile, get more FREE, Daily Stock Deals, Profit from our insight.
Stock Picks for 11/13/2013: PLUG, NURO, get more FREE, Daily Stock Deals, Picks & Alerts
Hot Penny Stocks 11/12/2013: ETAK, IDN. VNDA up a whopping 80% on FDA review get more FREE, Profit from our insight
Stocks Watch List,11/11/2013: ARIA, UNIS, DSCO, get more FREE, Profit from our insight, Daily Stock Deals, Picks & Alerts
SQNM our pick from last week UP a whopping 25% today!
Stock picks for 11/08/2013: AMRN, CHYR, OGEN, get more, Daily Stock Deals, FREE Picks, Alerts, Profit from our insight!
11/07/2013
You could Make $10K to $20K on $TWTR trade! Warning: accredited investors only. tweet your results, let the world know!
Here is my trade:
Short 2 thousand shares of TWTR @47 and cover @42 for a cool $10K! if you are a daredevil like am, and you would like to double your gains cover @37 and make a whopping $20k!
Caution: Smart traders never trade naked! Irrational exuberance could defy logic! So don't let it runaway, close @53! Hoping is NOT a strategy. Be Decisive!
Good luck, make money and let the world know. Please tweet your results. Thanks.
Don't get me wrong, I love tweeter, I will be a buyer, a big buyer, when the stock falls back to a more rational level!
Disclaimer:
The above strategy is for paper trading only, am sure guys/gals with $100K to play are not gonna be reading my tweets. Am taking a very unpopular, contrarian view to add some color to tweeter's historic trading debut, its my personal opinion, am not a licensed broker/trader/adviser, so take it with a fist full of naturally harvested sea salt!
Thanks a lot.
Daily Stock Deals
© Daily Stock Deals/Today's Top 10 Picks 11072013
Stock picks for 11/07/2013: GERN, MACK, NURO, get more, Daily Stock Deals, FREE Picks, Alerts, Profit from our insight!
our Featured Company VELT up 80%, in just 2 days!
Stocks to watch 11/06/2013: OXGN, OCZ, LOOK,
get more,Profit from our insight, Daily Stock Deals, Picks, Alerts, FREE
Our members made tons on $CERE. CERE jumped 41% yesterday. Watch our Featured Companies, VELT and TRC.V
Find out more about VELT
put your shades on! Hot Solar picks.
RSOL, our Friday's pick up 10%, watch SOL, LDK, get more,Profit from our insight, Daily Stock Deals, Picks, Alerts, FREE
-
Stocks Watch List,10/31/2013: FALC, IBIO, XOMA, get more, Profit from our insight, Daily Stock Deals, Picks & Alerts
HOT Stocks, Oct. 30th: OXBT, RSOL, PRAN, get more,Profit from our insight, Daily Stock Deals, Picks, Alerts, FREE
Penny Stocks to Watch 10/29/2013: USAT, ZLCS, BORN, get more,Profit from our insight, Daily Stock Deals, Picks & Alerts
Don't miss the NEXT premium Alert! Sign-up, Get Alerts, MakeMoney!®
Get the Fresh, Piping Hot Picks Everyday! Sign-up, its FREE!
Hot picks for 10/28/2013: our 'old favorites' don't miss, SQNM, DNDN, get more,Profit from our insight, Daily Stock Deals, Picks & Alerts
BSPM our pick from Tue up 25% today! CPHI is hot, get more,Profit from our insight, Daily Stock Deals, Picks & Alerts
Stock Picks for 10/24/2013: BSDM, VELT, API, Profit from our insight, Get Daily Stock Deals, Picks & Alerts
TRC.V has properties in Fairbanks, Alaska, find out the details now! watch VELT
check out properties, JV partners, valuation, maps and more...
read disclaimer/disclosure thanks
PTIE our pick from 10/17 up 18% today! Hot stocks, OXBT, BLIN, Profit from our insight, Get Daily Stock Deals, Picks & Alerts
SIFY our pick from 10/10 up 20% today! Hot stocks, RSOL, NCTY, REDF, Profit from our insight, Get Daily Stock Deals, Picks & Alerts
20% Gains in just 2 days! Get Picks like BGMD Everyday!
Stock Picks for 10/18/2013: BGMD, MEET, ZHNE,Profit from our insight, Get Daily Stock Deals, Picks & Alerts
Stock Picks for 10/17/2013: CNET, LEDS, CVM, PTIE, Profit from our insight, Get Daily Stock Deals, Picks & Alerts
Stock Picks for 10/16/2013: GURE, DHRM, GERN, Profit from our insight, Get Daily Stock Deals and Alerts
Stock Picks for 10/15/2013: SYMX, CERE, STV, Profit from our insight, Get Daily Stock Deals and Alerts
Stock Picks for 10/14/2013, IBIO, STSI, Profit from our insight, Get Daily Stock Deals and Alerts
Don't miss the NEXT premium Alert! Sign-up, Get Alerts, MakeMoney!®
Get the Fresh, Piping Hot Picks Everyday! Sign-up, its FREE!
Profit from our insight! Get Daily Stock Deals and Alerts, Hot Stock Picks for 10/10/2013: FREE, AMCF
KUTV, a pick from Monday Up 20%, Profit from our insight! Get Daily Stock Deals and Alerts, Hot Stock Picks for 10/09/2013: MERU, ATEC, PSTI
Hot Stock Picks for 10/08/2013:RCON, SOL, AGEN, Profit from our insight! Get Daily Stock Deals and
Alerts
Hot Stock Picks for 10/04/2013: ZOOM,DSCO,IDRA, QUIK, Profit from our insight! Get Daily Stock Deals and Alerts
Don't miss the NEXT premium Alert! Sign-up, Get Alerts, MakeMoney!®
Get the Fresh, Piping Hot Picks Everyday! Sign-up, its FREE!
Hot Stock Picks for 10/03/2013: ASTI, GSS, MSTX, Profit from our insight! Get Daily Stock Deals and Alerts
Our Alerts/Picks from yesterday: RVLT up 25%, LDK up 10%! Hot Stock picks for 10/01/2013: LPTH, ATRS, PSDV, Profit from our insight, daily stock deals and alerts!
Hot Stock picks for 09/30/2013:ELON, ZLCS, GALE, Profit from our insight.
Don't miss the NEXT premium Alert! Sign-up, Get Alerts, MakeMoney!®
Get the Fresh, Piping Hot Picks Everyday! Sign-up, its FREE!
Hot Stock picks for 09/27/2013: CXM, ZLCS, Profit from our insight, daily stock deals and alerts!
Hot Energy Stock Picks for 09/26/2013: KIOR, AMCF, CERE, Get your daily stock picks FREE!
@OxBridgereserch
Hot Stock picks for 09/25/2013: GLUU, ONTY, solar stocks,TSL, YGE, Get your daily stock picks FREE!
Our featured company: GNVC is relentless, Up 30%.
Hot Penny Stock picks for 09/24/2013: IKAN, ELON, IMRS, Get your daily stock picks FREE!
Hot Penny Stock picks for 09/23/2013: GERN, STEV, MCZ, LTRX, Get your daily stock picks FREE!
Big Gainers, Huge Winners 09/20/2013: RVP, CYCC, VRNM, get fresh picks, stock alerts daily for FREE!
Don't miss the NEXT premium Alert! Sign-up, Get Alerts, MakeMoney!®
Hot Stock Picks for 09/19/2013: Shipping stocks cruising, FREE, DRYS, EGLE, our featured company VELT up double digits, check it out! Get your daily stock picks FREE!
Hot Penny Stock picks for 09/18/2013:IDN, PXLW, GERN, Get your daily stock picks FREE!
Hot Penny Stock picks for 09/17/2013:IDRA, GETG, DNDN, Get your daily stock picks FREE!
Hot Stock Picks for 09/16/2013: ASTM, ZHNE, AVNR, our featured company AXN, check it out! Get your daily stock picks FREE!
Hot Penny Stock picks for 09/13/2013: AXN, CTIC, GNVC, Get your daily stock picks FREE!
Hot Stock Picks: EXTR, MARK, TBOW check our profile company $GNVC up 30% want more? Get your daily stock picks FREE!
Hot Penny Stock picks for 09/11/2013: VTUS, STEV, GTXI, Get your daily stock picks FREE!
Stevia Corp. President Discusses Expansion Plans.
Blankenbaker Delivers First in Series of 3 Articles Detailing New Revenue Streams
INDIANAPOLIS, IN--(Marketwired - Sep 10, 2013) - Stevia Corp. (OTCQB: STEV) ("Stevia Corp." or the "Company"), a farm management company focused on the economic development of stevia, the fastest growing product in the alternative sweetener sector, is pleased to offer insights regarding key aspects of its planned expansion plans.
Stevia Corp. successfully completed the first phase of its commercialization program achieving its targeted $3million revenue over the six month period ended June 30, 2013. The company is now focused on expanding its proven business model and aims to double production by the spring of 2014.
George Blankenbaker, Stevia Corp. President, comments, "Following Stevia Corp's successful harvest during the spring of 2013, our project was featured in the Vietnam Journal of Finance and a 1/2 hour nationally televised program. This recognition provided additional credibility and we are now being approached by international companies to grow for them as well as discussing potential joint ventures to operate processing factories in Vietnam. We have completed test shipments to both South Korea and Europe proving that we can meet international standards and we are preparing to enter into long-term supply agreements with buyers from both South Korea and the Netherlands."
Mr. Blankenbaker further explains, "Because Stevia Corp's model has proven to be a win-win for all parties and the farmers who participated earned higher revenues, we have the full support of the Vietnamese government and there is a waiting list of farmers who want to participate in our program. This enables us to select the best operators and maintain our high quality control standards as we expand. These key factors provide the foundation and impetus for us to rapidly expand our production to meet the growing demands of international buyers."
Blankenbaker concludes, "To successfully operate in a new market, it generally takes a few years for a company to establish itself and become well entrenched in the region while garnering the confidence and support of all parties, including the local farm communities as well as the local and national governments. But once achieved, it creates a strong foundation for rapid development. Stevia Corp has now attained this milestone and is preparing for the next phase of rapid expansion."
Further details of the Company's business, finances, appointments and agreements can be found as part of the Company's continuous public disclosure as a reporting issuer under the Securities Exchange Act of 1934 filed with the Securities and Exchange Commission's ("SEC") EDGAR database. For more information visit: www.steviacorp.us.
Disclosure/Disclaimer: Stevia is a client and we have been compensated by the company and/or a third party for research/marketing/advertising services. Please read the full disclosure. Thanks
Hot Penny Stock picks for 09/10/2013: INO, ZHNE, CYCC, Get your daily stock picks FREE!
Hot Penny Stock picks for 09/09/2013: ONCY, CUR, PPHM, RVLT, Get your daily stock picks FREE!
Hot Penny Stock picks for 09/06/2013: DSCO, GNVC ,HUSA, CLSN, Get your daily stock picks FREE!
Stock picks for 09/05/2013: FCEL, PLUG, ENVI, LOCM, Get your daily stock picks FREE!
Stock picks for 09/04/2013: AVNW,INO, LEDS,Get your daily stock picks FREE! $GNVC up a whopping 99%
Stock picks for 09/03/2013: IBIO, HSOL, ZLCS, Get your daily stock picks FREE!
Hot Penny Stock picks for 08/29/2013: ACST, CPRX ,UNIS, PRAN, get fresh daily stock deals
Don't miss the NEXT premium Alert! Sign-up, Get Alerts, MakeMoney!®
Get the Fresh, Piping Hot Picks Everyday! Sign-up, its FREE!
Hot Penny Stock picks for 08/28/2013: ALVR, OTIV, SYMX, get fresh picks:sign-up/follow us, daily stock deals
Stock picks for 08/27/2013: our pick from yesterday, CPRX up 45%, watch IDN, GGS, SSN, get fresh picks:sign-up/follow us, daily stock deals
Stock picks for 08/26/2013: CPRX, BAXS, CORT, PLUG, get fresh picks:sign-up/follow us, daily stock deals
a New Era dawns with the departure of Ballmer!
Gold hits $1400! Bulls and Bugs are back! Watch, GLUU, sign-up/follow us, daily stock deals
Stock picks for 08/22/2013: VELT at inflection point! Watch, CNET, ADAT. get fresh picks: sign-up/follow us, daily stock deals
SOLAR stocks Heating UP! HSOL, LDK, STP, CSUN don't miss! These healthcare stocks, GALE, IBIO, CLSN, UNIS, sign-up/follow us, daily stock deals
Stock picks for 08/20/2013: TXCC, MCZ, DCTH,
get fresh picks: sign-up/follow us, daily stock deals
Hot Stock picks for 08/16/2013: FREE,RNN,MJNA,EGLE,
get fresh picks: sign-up/follow us, daily stock deals
GoldBugs enjoying one of the BEST days! Gold $1400? watch GSS SBGL DRD KGC
Keep an eye on Dope! for today, HEMP,MJNA,GRNH,CBIS, have a good potential, check out our today's picks: sign-up/follow us, daily stock deals
Stock Watch List for 08/13/2013: VSCP,CERE,TAT,CPRX, sign-up/follow us, daily stock deals
High Times, Get High, Dope is Back! marijuana stocks on the rise again, MJNA,CBIS,PHOT,GRNH gaining ground, keep an eye! sign-up/follow us, daily stock deals
Stock Watch List for 08/09/2013: GERN,ZOOM,RITT,
hot stock picks everyday, sign-up/follow us
Hot Stock Alert for 08/08/2013: This is a real KOOL,GIG, INO, way cool! watch them, Don't forget.
Hot Stock watch Alert for 08/07/2013: OXBT, PXLW, OPXA, hot stock picks everyday, sign-up/follow us
Stock watch list for 08/06/2013: DYNT, ONCY, VTUS, hot stock picks everyday, sign-up/follow us
Stock watch list for 08/05/2013: our alert from Friday ASTM up 25% watch PACB,TXCC, hot stock picks everyday, sign-up/follow us
Stock watch list for 08/02/2013: ASTM, LIVE, SNMX, hot stock picks everyday, sign-up/follow us
Small Caps, Big potential! 08/01/2013: ZOOM, DAEG, ZHNE, hot stock picks everyday, sign-up/follow us
What's Behind the HUGE decline? POT, MOS, IPI, LOST Billions
in Marketcap! potash, fertilizer manufacturers take a huge hit.
HOT on Healthcare 07/30/2013:VNDA,LCAV,IDIX, hot stock picks everyday, sign-up/follow us
Top Biotech stocks to watch 07/29/2013: PRAN we alerted on Friday, keep an eye on IDRA, SNTA as well! hot stock picks everyday, sign-up/follow us
Stock watch List for 07/26/2013: our pick FFN up 50% in 2 days, watch PRAN, VRNG, get hot stock picks everyday, sign-up/follow us
Stock watch List for 07/25/2013: BLIN,FFN, get hot stock picks everyday, sign-up/follow us
Stock watch List for 07/24/2013:RGDX,INO,SYNC, get hot stock picks everyday, sign-up/follow us
Stock watch List for 07/23/2013: GIGM,SMSI,SGOC, hot stock picks everyday, sign-up/follow us
Stock watch List for 07/22/2013:HSOL,FFN,CSUN,SMT,hot stock picks everyday, sign-up/follow us
Stock watch List for 07/19/2013: ZOOM,INFU, CPRX, our Pick from Yesterday, BCRX up a whopping 25%, Fact Check
Stock watch List for 07/18/2013: SIFY,VELT,NLST,serving fresh, hot stock picks everyday, sign-up/follow us
Stock watch List for 07/17/2013: SURG,IDN,IDIX, get fresh stock picks everyday, sign-up/follow us
Stevia Corp. Announces All July 15 Trades Sequestered Due to Error by FINRA
Error by FINRA Caused Company's Symbol to Be Temporarily Suspended; FINRA Sequesters All Trades for Monday July 15, 2013
INDIANAPOLIS, IN--(Marketwired - Jul 16, 2013) - Stevia Corp. (OTCQB: STEV) ("Stevia Corp" or the "Company"), a farm management company focused on the economic development of stevia, the fastest growing product in the alternative sweetener sector, wishes to inform the public that the Financial Industry Regulatory Authority (FINRA) acknowledged that due to an error on its part, the trading symbol for Stevia Corp. (STEV) was erroneously displayed as invalid on Monday, July 15th and will be corrected as of market open on July 16, 2013.
As a result, FINRA sequestered all trades made on July 15th, apologized to the Company and the Company in turn extends an apology for the concern this caused to its shareholders. In related news, the company wishes to advise it has filed its annual 10-K financial report with the SEC at http://www.sec.gov.
George Blankenbaker, Stevia Corp President, comments, "This was a very unfortunate situation that was beyond our control, so we wanted to take this opportunity to assure all of our shareholders that Stevia has remained on track with our development plans as laid out in our Form 8-K filed on June 29th, 2011 and that we actually commenced commercialization ahead of schedule generating over $2 million of revenue during the quarter ending March 31st, 2013 and we are now firmly focused on the continued expansion of our proven business model."
Further details of the Company's business, finances, appointments and agreements can be found as part of the Company's continuous public disclosure as a reporting issuer under the Securities Exchange Act of 1934 filed with the Securities and Exchange Commission's ("SEC") EDGAR database. For more information visit: www.steviacorp.us.
About Stevia Corp. (OTCQB: STEV) Stevia Corp. is a farm management company focused on best practice agronomic competency in order to deliver high-value stevia through proprietary plant breeding, excellent agricultural methodologies and innovative post-harvest techniques. To date, the Company has acquired two grower supply contracts and three nursery fields in Vietnam. For more information visit: www.steviacorp.us.
About the Stevia Industry Sector Within two years of the USA market opening, Nielsen-based retail consumption data indicated almost $1 billion of retail sales for the sector. In 2010, stevia products were launched across thirty-five countries and in 38 categories. Zenith International estimates worldwide sales of stevia extract reached 3,500 tons in 2010 with an overall market value of $285 million and forecasts the global market for stevia will reach 11,000 tons by 2014 requiring the tripling of stevia leaf production at the farm level to keep pace with consumer demand. For more information visit: www.steviacorp.us.
Stock watch List for 07/16/2013: SOL,DARA,STP,MVIS,get fresh stock picks everyday, sign-up/follow us
Best Stock Picks for 07/15/2013: ZLCS,HILL,CRMD,get fresh stock picks everyday, sign-up/follow us
Best Stock Picks for 07/12/2013: CPRX,RSOL,IDRA,get fresh stock picks everyday, sign-up/follow us
Best Stock Picks for 07/11/2013: HILL,MCZ,HEB,WAVX
our yesterday's pick BONE up 23%, get fresh stock picks everyday, sign-up/follow us
Best Stock Picks under $1: IDN,BONE,ETAK
our yesterday's pick SKBI up 14%
get fresh stock picks everyday, sign-up/follow us
Don't miss the NEXT premium Alert! Sign-up, Get Alerts, MakeMoney!®
Get the Fresh, Nutrient Rich, Piping Hot Picks Everyday! Sign-up, its FREE!
Stock watch list for 07/09/2013: ZOOM,PLUG,WAVX,get fresh stock picks everyday, sign-up/follow us
Best Stock Picks for 07/08/2013: IBIO, BSPM, RGDX, INO,get fresh stock picks everyday, sign-up/follow us
Huge Solar Stock surge! Don't miss, YGE, SOL, STP LDK,get more picks and alerts, 07/05/2013
Best Stock Picks under $2:ENVI, DRRX, GLUU, LPTH, IDIX, get fresh stock picks everyday, sign-up/follow us, 07/03/2013
Top Small Stock Picks: CLSN, FRO, ASTI, PPHM, SOL, get fresh stock picks everyday, sign-up/follow us, 07/02/2013
Stock picks for 07/01/2013: TBOW, BONE, TXCC, VSCP, get fresh stock picks & timely tweets, sign-up/follow us
Stock picks for 06/28/2013: MELA,AMSC,INVE,RENN, get fresh stock picks & timely tweets, sign-up/follow us
Hot Penny Stocks picks for 06/27/2013: CERE, ANTH, LEDS, SCOG, get fresh daily stock deals & timely tweets, sign-up/follow us
Hot Penny Stocks picks for 06/26/2013: DTOR,HNSN,TCPS,
get fresh daily stock deals & timely tweets, sign-up/follow us
learn more about Del Toro http://www.oxbridgeresearch.com/penny-stock-alerts-hot-otc-stocks-penny-stock-blogs/524-stock-to-watch-del-toro-silver-corp-dtorob-.html
Hot Stock Picks for 06/25/2013: CVM, GNVC, PPHM, ASTM
Don't miss the NEXT premium Alert! Sign-up, Get Alerts, MakeMoney!®
Get the Fresh, Nutrient Rich, Piping Hot Picks Everyday! Sign-up, its FREE!
Stock Picks for 06/24/2013:IBIO, GNVC, OCZ, get fresh daily stock deals & timely tweets, sign-up/follow us
Best Performers, Top Picks, Double Digit Gainers from Friday 06/21/2013 source: Daily Stock Deals
tmxmone
NLST | SNTA | CYTK | IBIO | OXBT | ZGNX | STP | CSUN | IMMU | MBIS |
3.17% | 12.47% | 22.03% | 8.37% | 14.05% | 2.50% | 5.63% | 6.74% | 16.24% | 2.98% |
| | | | | | | | | |
tmxmone | tmxmone | tmxmone | tmxmone | tmxmone | tmxmone | tmxmone | tmxmone | tmxmone | |
source: Daily Stock Deals
Stock Picks for 06/21/2013:NLST, MBIS, ZGNX, IBIO, fresh daily stock deals & timely tweets, sign-up/follow us
Stock List for 06/20/2013: ZLCS, CLSN, OTIV, VTSS, fresh daily deals & timely tweets, sign-up/follow us
Stock Watch List, 06/19/2013: IPAS, OXBT, MSTX
Don't miss the NEXT premium Alert! Sign-up, Get Alerts, MakeMoney!®
Get the Fresh, Nutrient Rich, Piping Hot Picks Everyday! Sign-up, its FREE!
Stocks Watch List, 06/18/2013: CYTK, EDAP, COGO,ASTI,
penny stocks, LUVE, MYEC,fresh daily deals & timely tweets, sign-up/follow us
Don't miss the NEXT premium Alert! Sign-up, Get Alerts, MakeMoney!®
we received or expecting compensation from the featured company. Our firm, principals and staff may own/buy/sell/trade stock/securities of this company. Always Read the full Disclosure/Disclaimer. Thanks.
Stocks to Watch 06/17/2013: BIOL, UNIS, CHTP, PACB.
Don't miss the NEXT premium Alert! Sign-up, Get Alerts, MakeMoney!®
Get the Fresh, Nutrient Rich, Piping Hot Picks Everyday! Sign-up, its FREE!
Stock watch list for 06/13/2013, UNTK,OSH,CLSN,Penny Stocks, GLDN, XIDE,XUII, fresh daily deals & timely tweets, sign-up/follow us
Don't miss the NEXT premium Alert! Sign-up, Get Alerts, MakeMoney!®
we received or expecting compensation from the featured company. Our firm, principals and staff may own/buy/sell/trade stock/securities of this company. Always Read the full Disclosure/Disclaimer. Thanks.
Stock watch list, 06/12/2013, BPAX, DYSL, HEB,Penny Stocks, DOMK,XIDE,FFFC,GCEI, fresh daily deals & timely tweets, sign-up/follow us
Don't miss the NEXT premium Alert! Sign-up, Get Alerts, MakeMoney!®
we received or expecting compensation from the featured company. Our firm, principals and staff may own/buy/sell/trade stock/securities of this company. Always Read the full Disclosure/Disclaimer. Thanks.
Stock watch list, 06/11/2013, BEAT, CERE, ZOOM, penny stocks worth watching, BIZM,WPNV,JAMN,WDAS, fresh daily deals & timely tweets, sign-up/follow us
Don't miss the NEXT premium Alert! Sign-up, Get Alerts, MakeMoney!®
we received or expecting compensation from the featured company. Our firm, principals and staff may own/buy/sell/trade stock/securities of this company. Always Read the full Disclosure/Disclaimer. Thanks.
Stock List for 06/10/2013, solar stocks heating up again, SCTY, STP, RSOL, HSOL, hot penny stocks, HIIT, fresh daily deals & timely tweets, sign-up/follow us
Don't miss the NEXT premium Alert! Sign-up, Get Alerts, MakeMoney!®
we received or expecting compensation from the featured company. Our firm, principals and staff may own/buy/sell/trade stock/securities of this company. Always Read the full Disclosure/Disclaimer. Thanks.
Stock List for 06/07/2013, MSLI,OCLR,ANAD,
penny stocks to watch, GLDN, JAMN, fresh daily deals & timely tweets, sign-up/follow us
Don't miss the NEXT premium Alert! Sign-up, Get Alerts, MakeMoney!® we received or expecting compensation from the featured company. Our firm, principals and staff may own/buy/sell/trade stock/securities of this company. Always Read the full Disclosure/Disclaimer. Thanks.
Hot Stocks for 06/06/2013, NLST,KUTV,FCEL
popular penny stocks, AVXL,OSLH,GGCO,PGVI,
fresh Daily Stock Deals
Don't miss the NEXT premium Alert! Sign-up, Get Alerts, MakeMoney!® we received or expecting compensation from the featured company. Our firm, principals and staff may own/buy/sell/trade stock/securities of this company. Always Read the full Disclosure/Disclaimer. Thanks
Stocks to watch for 06/05/2013, RNN, KNDI, HNR, LPR
fresh daily stocks picks & timely tweets, sign-up/follow us
Stock Picks for 06/04/2013, INFI,HSOL,HEB, hot penny stocks,ASCC ,TRTC,NDEV, WPNV, fresh deals at Daily Stock Deals
Don't miss the NEXT premium Alert! Sign-up, Get Alerts, MakeMoney!®
we received or expecting compensation from the featured company. Our firm, principals and staff may own/buy/sell/trade stock/securities of this company. Always Read the full Disclosure/Disclaimer. Thanks.
Ben Bernanke delivered a hilarious commencement speech to Princeton undergrads Sunday, 06/02/2013.
1) "Don't be afraid to let the drama play out." Nodding to Forrest Gump's "life is like a box of chocolates," Bernanke remarked: "Life is amazingly unpredictable; any 22-year-old who thinks they know where they will be in 10 years, much less in 30, is simply lacking imagination."
He offered up a case study from his own life. "A dozen years ago I was minding my own business teaching Economics 101 in Alexander Hall and trying to think of good excuses for avoiding faculty meetings. Then I got a phone call..."
2) Focus on becoming a better human being: "If you are not happy with yourself, even the loftiest achievements won't bring you much satisfaction."
3) Those who are luckiest also have the greatest responsibility: "As the Gospel of Luke says (and I am sure my rabbi will forgive me for quoting the New Testament in a good cause): 'From everyone to whom much has been given, much will be required; and from the one to whom much has been entrusted, even more will be demanded."
He gave the Biblical quote an academic spin. "Kind of grading on the curve, you might say."
4) Effort matters: "I think most of us would agree that people who have, say, little formal schooling but labor honestly and diligently to help feed, clothe, and educate their families are deserving of greater respect -- and help, if necessary -- than many people who are superficially more successful," Bernanke said. "They're more fun to have a beer with, too."
5) Most policymakers are trying to do the right thing: "The greatest forces in Washington are ideas, and people prepared to act on those ideas. Public service isn't easy. But, in the end, if you are inclined in that direction, it is a worthy and challenging pursuit."
6) On economics: "Economics is a highly sophisticated field of thought that is superb at explaining to policymakers precisely why the choices they made in the past were wrong. About the future, not so much."
7) Money isn't everything: "I'm not going to tell you that money doesn't matter, because you wouldn't believe me anyway," Bernanke quipped.
"If you are part of the lucky minority with the ability to choose, remember that money is a means, not an end."
8) Don't be afraid to fail: "Nobody likes to fail but failure is an essential part of life and of learning. If your uniform isn't dirty, you haven't been in the game."
9) On choosing a partner: "Remember that physical beauty is evolution's way of assuring us that the other person doesn't have too many intestinal parasites. Don't get me wrong, I am all for beauty, romance, and sexual attraction --where would Hollywood and Madison Avenue be without them? But while important, those are not the only things to look for in a partner."
"Speaking as somebody who has been happily married for 35 years, I can't imagine any choice more consequential for a lifelong journey than the choice of a traveling companion."
10) "Call your mom and dad once in a while:" "A time will come when you will want your own grown-up, busy, hyper-successful children to call you," said Bernanke, who has two adult children. "Also, remember who paid your tuition to Princeton."
The Fed chairman ended with a battle cry: "Congratulations, graduates. Give 'em hell!"
source: Princeton, CNN, Daily Stock Deals, OxBridge Research
top 10 advise from Bernanke, top 10 hilarious comments from Bernanke, top 10 funniest comments from Ben Bernanke, top 10 picks, top 10 Ben, top 10 Bernanke, top 10 hilarious. Commencement speeches
Stock Watch List for 05/31/2013, UPI, ULGX, TGIC.
Penny stock picks,CHFR,WSGP,DOMK,YFRM,IOGA,VTPI
Don't miss the NEXT premium Alert! Sign-up, Get Alerts, MakeMoney!®
we received or expecting compensation from the featured company. Our firm, principals and staff may own/buy/sell/trade stock/securities of this company. Always Read the full Disclosure/Disclaimer. Thanks.
Stock Picks for 05/30/2013, DNDN, ISR, CLSN.
penny stock list: CHFR,TCPS,NGRC, CTLE, WPNV, GRNE, MISM
Don't miss the NEXT premium Alert! Sign-up, Get Alerts, MakeMoney!®
we received or expecting compensation from the featured company. Our firm, principals and staff may own/buy/sell/trade stock/securities of this company. Always Read the full Disclosure/Disclaimer. Thanks.
Stock List for o5/29/2013, Don't miss, IBIO, IDRA, STP.
Penny Stock Picks,PRKA, BLDA, CTLE, NANI, WDAS, fresh picks everyday!
Don't miss the NEXT premium Alert! Sign-up, Get Alerts, MakeMoney!®
we received or expecting compensation from the featured company. Our firm, principals and staff may own/buy/sell/trade stock/securities of this company. Always Read the full Disclosure/Disclaimer. Thanks.
Solar Stocks are Hot, Don't miss, HSOL, YGE, CSIQ.
Penny Stock Picks for 05/28/2013,TRLR, TENP, IOGA, fresh picks everyday!
Don't miss the NEXT premium Alert! Sign-up, Get Alerts, MakeMoney!®
we received or expecting compensation from the featured company. Our firm, principals and staff may own/buy/sell/trade stock/securities of this company. Always Read the full Disclosure/Disclaimer. Thanks.
Stock List for 05/24/2013, FNMA, FMCC, a gift from the Federal Government. ZIOP promising 1st Phase keep an eye!
Super Hot Penny Stocks, 05/24/2013,CARN,GOBK, PLUG, RITE, urgent alert
Stock Watch List for 05/23/2013
HSOL, GNBT, YGE, CSUN, VICL, NWBO, AGEN
Get fresh picks everyday, sign up today
Small Caps with Big potential 05/21/2013: SHIP, FNMA, FMCC.
Don't miss the NEXT premium Alert! Sign-up, Get Alerts, MakeMoney!®
Get the Fresh, Nutrient Rich, Piping Hot Picks Everyday! Sign-up, its FREE!
Small Cap Picks for 05/21/2013:
HSOL, YGE, STP, CSUN, sign up for fresh new picks
Crazy Hot Stocks, Insane Picks
HOT Shipping Stocks
Don't miss the Boat!
FREE,SHIP,DRYS,GNK,EXM,EGLE, get fresh deals daily at DailyStockDeals.com
Ouch! That hurts real bad, 2 Pain Killers dealing with severe pain of their own today
Pain Therapeutics, PTIE, Durect, DRRX, Down 50% each!
Don't miss the NEXT premium Alert! Sign-up, Get Alerts, MakeMoney!®
we received or expecting compensation from the featured company. Our firm, principals and staff may own/buy/sell/trade stock/securities of this company. Always Read the full Disclosure/Disclaimer. Thanks.
$45 Million in Just Hours, Cyberthieves target ATMs worldwide.
On Dec. 21, the “cashing crews” made 4,500 A.T.M. transactions worldwide, stealing $5 million, according to the indictment.
After securing 12 account numbers for cards issued by the Bank of Muscat in Oman and raising the withdrawal limits, the cashing crews were set in motion. Starting at 3 p.m., the crews made 36,000 transactions and withdrew about $40 million from machines in the various countries in about 10 hours. In New York City alone, a team of eight people made 2,904 withdrawals, stealing $2.4 million.
Surveillance photos of one suspect hitting various A.T.M.'s showed the man’s backpack getting heavier and heavier, Ms. Lynch said, comparing the robbery to the caper at the center of the movie “Ocean’s 11.”
The authorities said the leader of the New York cashing crew was Alberto Lajud-Pena, 23, who also went by the name Prime. His body was found in the Dominican Republic on April 27 and prosecutors said they believe he was killed.
Seven other people were charged with conspiracy to commit “access device fraud” and money laundering. The prosecutors said they were all American citizens and were based in Yonkers.
Source: New York Times, OxBridge Research, Daily Stock Deals
BCOV, Brightcove, Big Winner!
FACT check! our pick from last week $BCOV up a whopping 22%, get picks that make you money! http://www.dailystockdeals.com/component/topten?pageNum=3 … @TOP10STOCKS #hotstocks
Brightcove, BCOV, provides cloud-based solutions for publishing and distributing professional digital media. The company offers Brightcove Video Cloud, an online video platform that enables its customers to publish and distribute video to Internet-connected devices. Its Brightcove Video Cloud platform offers various features and functionalities, such as uploading and encoding, content management, video players, multi-platform video experiences, live video streaming, distribution and syndication, social media, advertising and monetization, and integrated video analytics.
The company also intends to provide Brightcove App Cloud to develop, deploy, and manage content applications on smartphones, tablets, and other Internet-connected devices. Brightcove Inc. provides its solutions to media, retail, technology, and financial services companies, as well as governments, educational institutions, and non-profit organizations in North America, Europe, and the Asia Pacific.
Source:company, Oxbridge, Daily Stock Deals
MAKO, Mako Surgical, trading at $10, could be a huge winner
MAKO Surgical (MAKO), a medical device company, markets its advanced robotic arm solution, joint specific applications for the knee and hip, and orthopedic implants for orthopedic procedures in the United States and internationally.
The company offers MAKOplasty, a restorative surgical solution that enables orthopedic surgeons to treat patient specific osteoarthritic disease. It also provides robotic arm interactive orthopedic system (RIO) consisting of a tactile robotic arm utilizing an integrated bone cutting instrument; and a patient specific visualization component, which offers pre-operative and intra-operative guidance to the orthopedic surgeon, enabling tissue sparing bone removal, and accurate implant insertion and alignment.
In addition, the company offers MAKOplasty partial knee arthroplasty (PKA) products that enable resurfacing of one or two specific diseased compartments of the joint, preserving more soft tissue and healthy bone of the knee; and MAKOplasty Total Hip Arthroplasty, a surgical solution that enables orthopedic surgeons to perform total hip arthroplasty.
Further, it provides RESTORIS onlay knee implant system for patients who lack tibia sclerotic bone beds; RESTORIS MCK unicompartmental and bicompartmental knee implant system to support the tissue and bone sparing goals of MAKOplasty PKA; and RESTORIS family of hip implant systems.
The company markets and sells its products through direct sales force, as well as through independent orthopedic product agents and distributors. MAKO Surgical Corp. was founded in 2004 and is headquartered in Fort Lauderdale, Florida.
Sources: company, OxBridge Research, Daily Stock Deals
Tags: surgery, orthopedics, orthopedic implants, medical devices, hip replacements, knee replacements, spine surgery, back pain , neck pain, shoulder pain.
Stocks to Watch 04/17/2013, ACUR, OCZ, FDA rules on OxyContin, generic OxyContin
OCZ Technology Issues Update for Investors
SAN JOSE, CA--(Marketwired - April 17, 2013) - OCZ Technology Group, Inc. (OCZ), a leading provider of high-performance solid-state drives (SSDs) for computing devices and systems, provides business update for the fourth quarter of 2013.
The Company is disclosing certain preliminary information about its fourth quarter of fiscal 2013 that ended on February 28, 2013, subject to certain closing procedures and further review by the Company and its auditors. As previously reported the Company estimated that revenue in each of the unreported quarters ending August 31, 2012 and November 30, 2012 is in the range of $65 million to $85 million. This range takes into effect the impact of the reclassification of certain customer costs from operating expenses to revenue, the significant reduction in channel inventory, the timing of revenue recognition and reserves for product returns. The preliminary revenue range for the unreported fourth quarter of fiscal 2013 is estimated to be between $65 million and $70 million. The Company also expects positive gross margins for the fourth quarter. This is an indication that the operating adjustments regarding restructuring and the restatement are behind the Company. Gross margins will continue to improve in the coming quarters due to the streamlining of products and focus on enterprise business. Operating expenses are estimated to be between $23 million and $26 million for the fourth quarter and include non-recurring restatement related charges of approximately $4 million which includes the completion of the internal investigation and other legal matters. The company's inventory levels also continued to improve as inventory on hand at the end of the fourth quarter was less than $50 million and channel inventory was at a 2-year low of less than $20 million.
Acura Pharmaceutical , ACUR
Acura Pharmaceuticals, Inc., a specialty pharmaceutical company, engages in the research, development, and commercialization of product candidates intended to address medication abuse and misuse utilizing its proprietary Aversion and Impede technologies. Its products include Oxecta Tablets CII, a Schedule II narcotic indicated for the management of acute and chronic moderate to severe pain; and Nexafed, an over-the-counter immediate-release pseudoephedrine HCl tablet that is used as a nasal decongestant in various non-prescription and prescription cold, sinus, and allergy products. The company has seven additional opioid products utilizing Aversion technology in various stages of development. Acura Pharmaceuticals, Inc. has a license, development, and commercialization agreement with King Pharmaceuticals Research and Development, Inc., a wholly-owned subsidiary of Pfizer Inc. to develop and commercialize certain opioid analgesic products utilizing the companys proprietary Aversion technology in the United States, Canada, and Mexico. The company was founded in 1935 and is based in Palatine, Illinois.
Source: company, OxBridge Research, Daily Stock Deals
Stocks to Watch 04/17/2013, ACUR, OCZ, FDA rules on OxyContin, generic OxyContin, Generic Oxy
Prospect Global Completes Senior Debt Restructuring
DENVER, April 16, 2013 /PRNewswire/ -- Prospect Global Resources, Inc. (PGRX) announced today the successful restructuring of its long-term debt with the Karlsson Group ("KG"), advancing its long-term plan to build a potash mine in the Holbrook Basin of Arizona.
Key highlights include:
-
Debt maturity extended to July 2015; interim principal payment of $30 million due January 2015
-
Interim payments to KG decreased to 10% of any capital raised after $10 million of capital raised (previously 40% of any capital raised)
-
Restructured $6.75 million Unsecured Notes from 3rd party to extend maturity dates, and reduced interim capital payments to 10% of any capital raised after $10 million of capital raised (previously 33% of any capital raised)
-
The Company is required to meet interim financing milestones to fund the continued development of the Holbrook Basin project
"We are very pleased with the outcome of our restructuring efforts," said Damon Barber, Prospect Global's President and Chief Executive Officer. "The restructuring of our debt marks a significant step forward for the company. Despite the recent volatility in our stock price, we believe that we are now well positioned to move forward in building long-term value for all shareholders."
About Prospect Global Resources, Inc.
Prospect Global Resources, Inc. is a Denver-based company engaged in the exploration and development of a large, high-quality potash deposit located in the Holbrook Basin of eastern Arizona. The company's stock is traded on the NASDAQ Stock Exchange under the ticker symbol PGRX.
Additional details about Prospect Global Resources Inc. can be viewed at the Company's website, www.prospectgri.com.
Kimber, KBX, owns mineral concessions covering in excess of 39,000 hectares in the prospective Sierra Madre gold-silver belt, including the Monterde property, where three gold-silver mineral resources have already been defined. The most advanced of these, the Carmen deposit, has been extensively drilled and has undergone detailed geologic modeling. The completion of the Updated Preliminary Economic Assessment for Monterde in 2011 represented a significant step forward for Kimber and supported further evaluation and more advanced economic studies at the Monterde deposits, with the recently filed 2012 Updated Mineral Resource Estimate Technical Report for the Carmen deposit representing a component of those activities.
Source:company, OxBridge Research, Daily Stock Deals
DOW 15000, the Greatest Bull Run in history! Where we go from here, DOW 20000?
The Dow's price-to-earnings ratio stands at 15.62, according to the WSJ Market Data Group. That is below a level of 16.99 seen during blue chips' 2007 high and 25 during 2000's peak. Given its components' earnings now, the Dow would have to climb to 15542 to hit its 2007 valuation—and 22869 to hit the 2000 level.
To be sure, a quick climb to 15000 would represent one of the bigger rallies in recent history for the Dow. That price would put the benchmark 14% above where it ended last year. The benchmark hasn't gained that much in any calendar year since 2009, when stocks were rebounding from the depths of the financial crisis.
Steven Rees, head of U.S. equity strategy at J.P. Morgan Private Bank, said he and his team are urging clients to focus on the market's fundamental characteristics, rather than getting caught up in price levels.
"The underlying drivers of equities are corporate profit growth and return of cash to shareholders," said Mr. Rees, whose organization oversees about $877 billion. "Recent trends in earnings have come in better than expected. Dividends are accelerating. Share repurchases are starting to pick up, and [mergers-and-acquisitions] activity is also picking up, as well. You're starting to see American companies be a little more optimistic about their outlook."
While the Dow remains about 5% from 15000, another red-letter day for the market is within shorter reach. The Standard & Poor's 500-stock index, regarded by many professional traders and investors as the true benchmark for U.S. equities, is about 1.5% off its all-time high.
Source:WSJ, OxBridge Research, Daily Stock Deals
GNIN, Green Innovations, 3 Day 75% Run, 04/09/2013
Goff, Corp. (A Development Stage Company)
ZERO to $167 million in 3 months!
See how a mining genius, the boy with a golden touch built a multi-million dollar global mining empire from scratch!
Gold mining App: Leave your picks, shovels and bulldozers at home. Gold mining today is as simple as developing an App for Apple!
Mining made Easy: Mining is as easy as building an app for Android. Learn from this 30 year old genius, who probably doesn't know the difference between a rock and cow dung, however, managed to build a global mining giant with operations in Africa, Europe, Latin America and the United States.
Is he gonna share his secret strategy? Don't hold your breath. However, we managed to find some golden nuggets buried deep in the regulatory filings.
As of December 31, 2012,
Cash Balance and Total Assets of $5,653 (Five Thousand Six Hundred Fifty Three Dollars)
As of Apr 5, 2013
Market Value/Market Cap $167 Million Dollars!
Source: Google Finance
GOFF, Goff Corp.
Range
|
0.57 - 0.62
|
52 week
|
0.13 - 0.62
|
Open
|
0.58
|
Vol / Avg.
|
22.00M/32.46M
|
Mkt cap
|
167.37M
|
Zero to $167 million in 3 months! WOW!
|
|
|
SEC Transactions Last 2 Years
Trans Date
|
Filer
|
Ownership
|
Type
|
Price
|
Shares
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Feb 28, 2013
|
CALASSE WARWICK ADAM Officer
|
direct
|
Acquisition (Non Open Market)
|
0.00
|
100,000,000
|
|
Feb 26, 2013
|
CALASSE WARWICK ADAM Officer
|
direct
|
|
NA
|
0.00
|
|
|
GOING CONCERN:
These financial statements have been prepared on a going concern basis, which implies that the Company will continue to realize its assets and discharge its liabilities in the normal course of business. As of December 31, 2012, the Company has not recognized any revenue, and has a working capital deficit of $19,911 and an accumulated deficit of $48,261.
The continuation of the Company as a going concern is dependent upon the continued financial support from its management, and its ability to identify future investment opportunities and obtain the necessary debt or equity financing, and generating profitable operations from the Company's future operations. These factors raise substantial doubt regarding the Company's ability to continue as a going concern.
RELATED PARTY TRANSACTIONS:
As at December 31, 2012, the Company owes $24,814 to the President and Direct or of the Company.
Source: SEC, Finra, Google, Edgar, OxBridge Research, Daily Stock Deals
Tags: zero to 167 million dollars, extreme mining, mining made easy, 3 month mining crash course, gold mining app, mining gold
2 Hot Biotechnology stocks for 04/01/2013,IDRA, HEB
Idera Announces Clinical Development Progress in Its Autoimmune Diseases Program.
Hemispherx Biopharma, HEB, is a specialty pharmaceutical company, engages in the clinical development of new drug therapies based on natural immune system.
CAMBRIDGE, Mass.--(BUSINESS WIRE)--
Idera Pharmaceuticals, Inc. (IDRA) today announced that it has completed dosing in its Phase 1 trial of IMO-8400 in healthy subjects. In addition, the Company announced that its protocol for a Phase 2 study of IMO-8400 in patients with psoriasis has received “no objection” clearance from the Competent Authority of the Netherlands. IMO-8400 is an antagonist of Toll-like receptors (TLRs) 7, 8 and 9, and is in clinical development for the treatment of autoimmune diseases.
During the first quarter of 2013, the Company completed the escalating single-dose portion of the Phase 1 trial of IMO-8400 and has now completed patient dosing in the multiple-dose portion of the trial. The multiple-dose portion of the trial involved two dose levels of IMO-8400, 0.3 and 0.6 mg/kg, and placebo, with six subjects receiving each treatment of four weekly doses. The Company expects to report top-line data from the multiple-dose portion of the trial later in the second quarter of 2013.
Source: company, OxBridge Research, Daily Stock Deals
HEB, Hemispherx Biopharma
Hemispherx Biopharma, HEB, is a specialty pharmaceutical company, engages in the clinical development of new drug therapies based on natural immune system enhancing technologies for the treatment of viral and immune based chronic disorders. Its products include Ampligen, an experimental drug under clinical development for the treatment of Myalgic Encephalomyelitis/Chronic Fatigue Syndrome, Hepatitis B, human immunodeficiency virus (HIV), renal cell carcinoma, and malignant melanoma; Alferon N Injection, an injectable formulation of natural alpha interferon for the treatment of certain categories of genital warts; and Alferon LDO, an experimental low-dose oral liquid formulation of natural alpha interferon for the treatment of influenza and other emerging viral diseases
Source: company, OxBridge Research, Daily Stock Deals
http://www.dailystockdeals.com/topten/hot-biotechnology-stocks-idra-04-01-2013
Wanna cash in your poker chips, check out PTEK!
Are you ready to cash-in your chips? states and gaming companies are!
Budget deficits are forcing many states to look for new revenue sources, gambling, though controversial, remains an important source – on-line gambling until recently was illegal - However, under the new rules states are now Free to operate and permit gaming companies to open up online gambling operation, this could be a huge new revenue source for the states.
States like New York and Nevada are planing to sell everything from lottery tickets to high stakes poker games on line. Big gaming companies are also gearing up, we think a small company, PTEK, could benefit from it.
PokerTek – PTEK - develops and markets products for the gaming and amusement industries. PokerTek developed PokerPro automated poker tables and related software applications to increase revenue, reduce expenses and attract new players into poker rooms by offering interactive poker that is fast, fun and mistake-free.
Heads-Up Challenge is a two-player table that allows bars and restaurant patrons to compete head-to-head in various games for amusement purposes, increases earnings for game operators and provides patrons unique and challenging on-site entertainment.
The new ProCore automated table game platform allows operators to configure the game rules and payouts. The company distributes its gaming products worldwide.
Don't miss the NEXT premium Alert! Sign-up, Get Alerts, MakeMoney!®
we receive compensation from companies we feature. Always Read the full Disclosure/Disclaimer. Thanks.
Cyprus bailout bad for Bondholders, Bad for Depositors, Welcome to banking crisis part II
Cyprus Salvaged After EU Deal Shuts Bank to Get $13B
Cyprus dodged a disorderly sovereign default and unprecedented exit from the euro by bowing to demands from creditors to shrink its banking system in exchange for 10 billion euros ($13 billion) of aid.
Cypriot President Nicos Anastasiades agreed to shut the country’s second-largest bank under pressure from a German-led bloc in an overnight negotiating melodrama that threatened to rekindle the European debt crisis and rattle markets.
“It’s been yet another hard day’s night,” European Union Economic and Monetary Affairs Commissioner Olli Rehn told reporters in Brussels early today. “There were no optimal solutions available, only hard choices.”
It was the second time in nine days that Cyprus struck a deal with its euro partners and the International Monetary Fund, capping a tumultuous week that underscored the contradictions of euro-crisis management that has dominated European policy making for more than three years. Cyprus, the euro area’s third- smallest economy, is the fifth country to tap international aid since the crisis broke out in Greece in 2009.
The first Cypriot accord, reached March 16, fell apart three days later when the parliament in Nicosia rejected a key plank, a tax on all bank accounts that sparked the indignation of smaller depositors. Efforts to win an alternative bailout from Russia, which loaned Cyprus 2.5 billion euros in 2011 when the nation was shut out of international markets, failed.
‘Playing Games’
“Nobody knows where we are heading,” said Epifanos Epifaniou, 50, who used to drive a delivery truck in Nicosia and has been unemployed for six months. “People are playing games with Cyprus. We are alone. Nobody is supporting us.”
The euro retreated 0.4 percent, trading at $1.2935 at 2:33 p.m. in Frankfurt, after initially rising as much as 0.5 percent. Stocks gained, with the Stoxx Europe 600 Index rising 0.5 percent. Italian 10-year bonds erased their decline since last month’s inconclusive election.
Source: Bloomberg, OxBridge Research, Daily Stock Deals
Cyprus bailout bad for Bondholders, Bad for Depositors, Welcome to banking crisis part II, European Banking Crisis
GNIN, Green Innovations, Summary, Profile
Green Innovations Ltd is focused on filling a void in the eco-friendly, biodegradable product array. As the world continues to trend away from tree-based products in favor of products with smaller carbon footprints, consumers are becoming more educated about the “green” products that are available to them in the marketplace and are consequently demanding higher standards for these products. In order to help satisfy this demand, Green Innovations Ltd, through its wholly-owned subsidiary Green Hygienics Inc., is the exclusive and licensed North American distributor of American Hygienics Corporation 100% tree-free, bamboo-based product line, including personal care and paper-based goods.
Our products provide their end-users the opportunity to enjoy the quality and performance delivered by a company that has been producing for over a decade, the cost-benefit of a company that manufactures local raw material, and the satisfaction of knowing that by using these products they are doing their part to reduce their carbon footprint and to continue the movement towards a more healthy and sustainable planet.
Eco-Friendly Products
Bamboo products are far more earth-friendly than their conventional, paper-based alternatives. Bamboo can be grown and harvested in less than 5 years, during which time the bamboo will absorb more carbon dioxide and release more oxygen than a similarly-sized group of hardwood trees. Bamboo is a grass that does not require heavy chemical treatment to flourish, and unlike their hardwood counterparts, harvested bamboo fields maintain their root systems, which means less erosion and ultimately less chemical runoff.
Finally, bamboo products such as diapers, wipes, and packaging that will potentially end up in landfills, will biodegrade at much faster rates than will petroleum-based diapers, cotton wipes, and foam packaging. Throughout the life cycle, the advantages of using bamboo are clear. We, at Green Innovations Ltd, are pleased to offer to you the many benefits of being greener by living tree free with an expanding line of bamboo-based products.
Accreditations
FDA - Food and Drug Administration The FDA is an executive department agency of the United States Department of Health and Human Services. The FDA is established to be responsible for protecting and promoting public health through regulation of consumer products. The FDA is one of the most recognized certifications in the world.
EPA - Environmental Protection Agency An agency of the United States federal government which has been established for the purpose of protecting human health and the environment. The EPA's purpose is to protect consumers from significant risk from human health and the environment on which they live learn and work.
Nordic Environmental Label The Nordic Ecolabel is a comprehensive evaluation through the lifecycle of the product. This means that, in developing criteria, we look at the whole life cycle of the product and all its related environmental issues. Climate considerations are thus a key element of the assessment. Some criteria contain requirements linked directly to the climate, such as those concerning use of fossil fuels or energy consumption during the manufacturing process. The more important we judge the climate issue to be for a particular product group, the stricter and more extensive the requirements become in that area.
BRC – British Retail Consortium The British Retail Consortium (BRC) is the lead trade association in the UK representing the whole range of retailers, from the large multiples and department stores through to independents, selling a wide selection of products through all levels of wholesale and retail. The BRC is a highly sought after certification in the UK as it is the authoritative voice of retail, recognized for its powerful campaigning and influence within government and as a provider of excellent retail information. The majority of UK, and many European and global retailers, and brand owners will only consider doing business with suppliers who have gained certification against the appropriate BRC Global Standard.
ISO 9001:2000 – International Organization for Standardization ISO International Standards ensure that products and services are safe, reliable and of good quality, they are strategic tools that reduce costs by minimizing waste and errors and increasing productivity. They help companies to access new markets, level the playing field for developing countries and facilitate free and fair global trade.
GMP – Good Manufacturing Practice GMP is a production and testing practice that maintains and ensures quality control of a manufactured goods. Many countries have created uniform GMP guidelines to correspond with their own legislation. These GMP guidelines safeguard the consumer and ensuring the goods produced are of the highest quality.
GMP is enforced in the United States by the Food and Drug Administration (FDA).
The World Health Organization (WHO) version of GMP is used by pharmaceutical regulators and the pharmaceutical industry in over one hundred countries worldwide, primarily in the developing world. The European Union's GMP (EU-GMP) enforces similar requirements to WHO GMP, as does the FDA 's version in the US. Similar GMPs are used in other countries, with Canada, Japan, Singapore, Philippines and others having highly developed/sophisticated GMP requirements.
Source: Green Innovations, OxBridge Research, Daily Stock Deals
Don't miss the NEXT premium Alert! Sign-up, Get Alerts, MakeMoney!®
we received or expecting compensation from the featured company. Our firm, principals and staff may own/buy/sell/trade stock/securities of this company. Always Read the full Disclosure/Disclaimer. Thanks.
ANAC. Anacor Pharmaceuticals
Anacor Pharmaceuticals Announces Positive Results From Phase 2 Dose-Ranging Study of AN2728 in Adolescents With Atopic Dermatitis
PALO ALTO, Calif.--(BUSINESS WIRE)--
Anacor Pharmaceuticals (ANAC) today announced positive results from a Phase 2 dose-ranging trial (AN2728-AD-204) of its topical boron-based phosphodiesterase-4 (PDE-4) inhibitor, AN2728. The study included 86 adolescents (ages 12 – 17) with mild-to-moderate atopic dermatitis, a chronic rash which predominantly affects children and is characterized by inflammation and itching. In this study, lesions treated with AN2728 ointment, 2.0% twice daily for 28 days achieved a 71% improvement from baseline in their Atopic Dermatitis Severity Index (ADSI) score, with 66% of lesions in this treatment group achieving total or partial clearance. AN2728 was generally safe and well-tolerated. Most adverse events were mild and largely unrelated to study drug.
“These results demonstrate a clear dose response across the four dosing regimens and identify the AN2728 ointment, 2.0% BID dosing regimen as optimal for a Phase 3 program, which we expect to initiate around the end of 2013,” said David Perry, Chief Executive Officer of Anacor Pharmaceuticals. “In all arms of the study, lesions treated with AN2728 ointment improved throughout the 28 day treatment period. The majority of the improvement occurred within the first week of treatment, which is important to both patients and physicians. AN2728 also continues to demonstrate an excellent safety profile - a key factor in treating this disease that primarily affects children.”
“There is a tremendous clinical need for safe and effective treatments for pediatric atopic dermatitis. It is very exciting to see these promising positive data for a novel molecule with excellent anti-inflammatory properties and that appears very safe to use,” said Lawrence F. Eichenfield, M.D., Chief of Pediatric and Adolescent Dermatology and Professor of Pediatrics and Medicine (Dermatology) at Rady Children's Hospital, University of California, San Diego. “AN2728 has the potential to be an outstanding addition to the treatment armamentarium for physicians and a great benefit to children with atopic dermatitis.”
Sources: Anacor Pharma, OxBridge Research, Daily Stock Deals
HALO, Halozyme, BAX, Baxter
Baxter And Halozyme Announce Positive Opinion For HyQvia For Treatment Of Primary And Secondary Immunodeficiencies In The European Union
LONDON, March 22, 2013 /PRNewswire/ -- Baxter International Inc. (BAX) and Halozyme Therapeutics, Inc., (HALO) today announced that the European Medicines Agency's Committee for Medicinal Products for Human Use (EMA CHMP) has granted a Positive Opinion to Baxter for the use of HyQvia (solution for subcutaneous use) as replacement therapy for adult patients with primary and secondary immunodeficiencies. The product is a combination of human normal immunoglobulin (IGSC, 10%) and recombinant human hyaluronidase, which facilitates the dispersion and absorption of the IGSC.
"This recommendation supports our efforts to improve the overall quality of care for patients. This therapy, when approved by the European Commission, would offer patients the option to administer their therapy at home, in a single subcutaneous site every three to four weeks, resulting in potentially lower systemic adverse reactions compared to intravenous treatments," said Ludwig Hantson, Ph.D., president of Baxter's BioScience business. "We look forward to introducing HyQvia as a new patient-friendly therapeutic option for immunodeficient patients."
The application was based on results from a phase III, prospective, open-label, non-controlled design clinical trial, which evaluated the safety and effectiveness of HyQvia in the prevention of acute serious bacterial infections, and the pharmacokinetic parameters compared to immunoglobulin administered intravenously. The objective of the study was to infuse a 3-or 4-week dose of the therapy in a single subcutaneous site. The acute serious bacterial infection rate in the study was 0.025 per patient per year, which is below the required efficacy threshold of 1.0 (serious bacterial infections per patient per year). In the tolerability assessment of HyQvia, the most frequently reported adverse reactions were infusion site reactions (20% of infusions), headache (3% of infusions), fatigue (1% of infusions) and pyrexia (fever) (1% of infusions). Upon receiving marketing authorization from the European Commission, Baxter plans to launch HyQvia in selected countries in the European Union later this year.
"Recognizing that the path to approval for any biologic is a long journey, I would like to thank and congratulate the teams at Halozyme and Baxter who have worked tirelessly to advance this therapeutic option for patients," said Gregory I. Frost, Ph.D., president and chief executive officer, Halozyme Therapeutics.
Sources: Baxter, Halozyme, OxBridge Research, Daily Stock Deals
Penny Stocks backed by the Federal Government gain 60% in 2 days!
You could have made a whopping 60% gains on Penny Stocks backed by the Federal Government of the United States of America!
We Alerted Yesterday:
(see here) Daily Stock Deals @TOP10STOCKS 18 Mar
Hot Stocks to Watch: $PULS $GALE $FMCC $FNMA http://www.dailystockdeals.com/topten/stocks-to-watch-03-18-2013-puls-gale-dcth-ffn-plug-stp-gigm-gold-is-back …
We detected unusual move yesterday, volume when through the roof, some 85 million shares traded and the stock gained a health 35% today.
Fannie Mae and Freddie Mac, the two government-seized mortgage financiers, appear increasingly likely to pay billions of dollars to the U.S. Treasury, focusing attention in Washington on what should replace them.
Edward J. DeMarco, the acting regulator of the two companies, appeared before the House Financial Services Committee today and urged lawmakers to reduce or eliminate the mortgage market’s reliance on taxpayers. At the same time, a Senate panel heard testimony from the authors of an alternate plan for housing-finance reform issued in February by an independent commission.
“I have been observing a developing ‘consensus’ among private-market participants that the conforming conventional mortgage market cannot operate without the American taxpayer providing the ultimate credit guarantee for most of the market,” DeMarco said in testimony at the House hearing. “That clearly is one outcome, but I do not believe it is the only outcome that can give our country a strong housing finance system. I believe that our country, and its financial system, are stronger than that.”
Washington-based Fannie Mae (FNMA) and McLean, Virginia-based Freddie Mac have been under U.S. conservatorship since 2008 and have drawn nearly $190 billion in taxpayer aid to stay afloat during that time. Lawmakers who don’t want the companies to return to their previous status as government-sponsored enterprises, or GSEs, are becoming concerned that political momentum for winding down and replacing them could erode as the housing market rebounds and profits soar.
Sources: Fannie Mae, Freddie Mac, OxBridge Research, Daily Stock Deals, Bloomberg
|
CR Intrinsic Agrees to Pay More than $600 Million in Largest-Ever Settlement for Insider Trading Case
FOR IMMEDIATE RELEASE 2013-41
Infographic
Full-size (PDF)
Washington, D.C., March 15, 2013 — The Securities and Exchange Commission today announced that Stamford, Conn.-based hedge fund advisory firm CR Intrinsic Investors has agreed to pay more than $600 million to settle SEC charges that it participated in an insider trading scheme involving a clinical trial for an Alzheimer’s drug being jointly developed by two pharmaceutical companies.
The SEC charged CR Intrinsic with insider trading in November 2012, alleging that one of the firm’s portfolio managers Mathew Martoma illegally obtained confidential details about the clinical trial from Dr. Sidney Gilman, who was selected by the pharmaceutical companies — Elan Corporation and Wyeth — to present the final drug trial results to the public.
|
The settlement filed today in federal court in Manhattan is the largest ever in an insider trading case, requiring CR Intrinsic — an affiliate of S.A.C. Capital Advisors — to pay $274,972,541 in disgorgement, $51,802,381.22 in prejudgment interest, and a $274,972,541 penalty.
Stock watch list for 03/13/13, DRL, SYNM, HEMP, IBIO, HEK, DVAX, trade with extreme caution, profit taking could drive the market down.
We think traders are getting a little nervous, a healthy pull back could happen, so, be prepared to reverse your short term trading strategy.
Don't miss the NEXT premium Alert! Sign-up, Get Alerts, MakeMoney!®
Our Best Picks from today, 03/12/2013,OCZ up 20% COOL up 24% WAVX up 13%. SSY skyrocketed 35% today.
Our pick from 03/11/2013, SSY skyrocketed, up a whopping 35%
We tweeted yesterday SSY had a double digit potential! look where it is today!
SunLink Health Systems Inc. (SSY)
0.81 0.21(35.00%) 4:00PM EDT
Prev Close:
|
0.60
|
Open:
|
0.64
|
Bid:
|
0.60 x 300
|
Ask:
|
0.82 x 100
|
1y Target Est:
|
2.35
|
Beta:
|
1.84
|
Next Earnings Date:
|
20-May-13
|
Day's Range:
|
0.64 - 0.90
|
52wk Range:
|
0.51 - 1.63
|
Volume:
|
106,179
|
Avg Vol (3m):
|
16,332
|
Market Cap:
|
7.65M
|
|
|
Don’t miss the NEXT premium Alert! Sign-up, Get Alerts, MakeMoney!® Get the Fresh, Nutrient Rich, Piping Hot Picks Everyday! Sign-up, its FREE!
Baristas Receives NASDAQ Capital Market Symbol "BAPI"
SEATTLE, March 6, 2013 /PRNewswire/ -- Baristas Coffee Company, Inc. (BCCI), a fast growing U.S. based beverage and branded products company, has today announced that it has completed all requirements and that its application to receive a symbol to be traded on the NASDAQ Capital Market has been approved. The symbol issued to Baristas Coffee Company is (NASDAQ:BAPI).
Baristas will continue to trade under the symbol OTCPK:BCCI throughout the application process and comment periods until such time as it completes its up listing and begins to trade on the NASDAQ Capital Markets at which time it will trade under the newly reserved symbol NASDAQ:BAPI.
The companies that are listed on NASDAQ Capital Market need to satisfy all the required qualifications for NASDAQ securities in Rule 4300. The companies also need to adhere to the corporate governance standards set by NASDAQ.
The NASDAQ Capital Market provides companies the required capital in order to grow their business. The NASDAQ Capital Market also provides a listing venue that promises to accommodate the different stages of corporate lives of the companies.
Barry Henthorn CEO commented; "This is an important step in the process of BCCI moving from the OTC to the NASDAQ Capital Market. We have worked diligently in conjunction with our advisors in order to be in a position to take this step and will continue to do so throughout the application, comments and approval process. We are committed to providing our investors transparency and oversight as we continue to develop and expand our business. We are confident that we will be able to meet all of the listing requirements to begin trading in a reasonable timeframe."
About Baristas Coffee Company (BCCI): Headquartered in the Seattle, Washington area, Baristas Coffee Company, Inc. was formed to create a national brand of drive-thru espresso stands. BCCI is accomplishing this by acquiring established businesses that fit its model, opening new locations, and by franchising. Baristas has separated itself from the competition with its "theme" of joining attractive female baristas in entertaining costumes preparing the finest beverages available on the market. Baristas can currently be found in six greater Seattle area locations as well as in Texas, Florida, Arizona, and Montana. Your state, Coming Soon!
For more information on this fascinating concept please visit us at www.baristas.tv
Source: the company, OxBridge Research
Don't miss the NEXT premium Alert! Sign-up, Get Alerts, MakeMoney!®
we received or expecting compensation from the featured company. Our firm, principals and staff may own/buy/sell/trade stock/securities of this company. Always Read the full Disclosure/Disclaimer. Thanks.
Baristas,BCCI,BAPI,bare skin hot coffee,competing with starbucks,sbux,seatles best,green mountain,gmcr
Power up your portfolio with solar stocks, top 8 solar stocks, YGE, JASO, TSL, HSOL, LDK, CSIQ, CSUN, SOL, small cap solar stock picks for 03/06/2013,Get Off the Grid
Solar downstream is going mainstream as more residential and corporate customers, specially in California and New Jersey, are re-powering the Grid. Federal and State subsidies and the new marketing/financing strategies are paying off.
Ironically most solar customers, however, will stay on the old Grid. The total installed base in the United States is still under 2%, so, the Solar Power has a lot of room to grow, large companies like Solar City, SCTY and Sun Power, SPWR are poised to benefit from the huge upsurge in demand.
Our Top 8 solar picks:-
YGE, JASO, TSL, HSOL, LDK, CSIQ, CSUN, SOL
Don't miss the NEXT premium Alert! Sign-up, Get Alerts, MakeMoney!®
Stevia Corp. Poised to Harvest First Crop in Vietnam
Current Harvest Pre-Sold as New Products Begin Sales Under License Contributing to Additional Earnings
INDIANAPOLIS, IN--(Marketwire - Mar 5, 2013) - Stevia Corp. ( OTCQB : STEV ) ("Stevia Corp" or the "Company"), a farm management company focused on the economic development of stevia, the fastest growing product in the alternative sweetener sector, is pleased to announce that the first major crop harvest in Vietnam is on track and on schedule.
As previously announced, Stevia Corp anticipates its current crop harvest in Vietnam to generate in excess of USD$2 million in revenues from more than 1,000 tons of harvest. Current field reports indicate that the projected harvest expectations will easily be met.
George Blankenbaker, Stevia Corp President, comments, "Based on early test field results and current field crop conditions, we anticipate a strong harvest during March, April and May."
Expansion of the current model is planned in August and the Company intends to increase production by a factor of 5 times by next spring subject to adequate capital.
Mr. Blankenbaker adds, "We have already established the infrastructure to support our projected growth and we have farmers on a waiting list to participate in our program. Our major advantage is that proficient farmers are able to more than double their income by participating in our program. This creates a ripple effect of support and enthusiasm from all parties involved, making it much easier to manage high growth expansion."
Additional revenue is expected to be generated from the sale of the Company's proprietary products formulated with stevia extracts, probiotics and enzymes. More than 100 farm operators have tested the products with excellent results and the Company is now making the products commercially available for sale under license.
Mr. Blankenbaker concludes, "Our farm management model will generate the quickest path to profitability and near-term growth, but long-term there is significant opportunity to leverage our technology and increase revenue and margins and build brand value from our growing portfolio of proprietary products."
Further details of the Company's business, finances, appointments and agreements can be found as part of the Company's continuous public disclosure as a reporting issuer under the Securities Exchange Act of 1934 filed with the Securities and Exchange Commission's ("SEC") EDGAR database. For more information visit: www.steviacorp.us.
About Stevia Corp. ( OTCQB : STEV ) Stevia Corp. is a farm management company focused on best practice agronomic competency in order to deliver high-value stevia through proprietary plant breeding, excellent agricultural methodologies and innovative post-harvest techniques. To date, the Company has acquired two grower supply contracts and three nursery fields in Vietnam. For more information visit: www.steviacorp.us.
About the Stevia Industry Sector Within two years of the USA market opening, Nielsen-based retail consumption data indicated almost $1 billion of retail sales for the sector. In 2010, stevia products were launched across thirty-five countries and in 38 categories. Zenith International estimates worldwide sales of stevia extract reached 3,500 tons in 2010 with an overall market value of $285 million and forecasts the global market for stevia will reach 11,000 tons by 2014 requiring the tripling of stevia leaf production at the farm level to keep pace with consumer demand. For more information visit: www.steviacorp.us.
Source: the company, OxBridge Research
Don't miss the NEXT premium Alert! Sign-up, Get Alerts, MakeMoney!®
we received or expecting compensation from the featured company. Our firm, principals and staff may own/buy/sell/trade stock/securities of this company. Always Read the full Disclosure/Disclaimer. Thanks.
Shares jumped 7.1% to $4.86 after-hours after tumbling in regular session trading.
Groupon's shares drop after earnings results, bringing new pressure to CEO Andrew Mason. Will the board move to drop him? Drew FitzGerald joins digits. Photo: Getty Images.
The company named Executive Chairman Eric Lefkofsky and Vice Chairman Ted Leonsis to the newly created office of the chief executive to serve in this role on an interim basis.
"On behalf of the entire Groupon Board, I want to thank Andrew for his leadership, his creativity and his deep loyalty to Groupon. As a founder, Andrew helped invent the daily deals space, leading Groupon to become one of the fastest growing companies in history," Mr. Lefkofsky said Thursday.
Groupon lost more than a fifth of its value earlier in the day after reporting another disappointing quarterly loss that renewed questions about the daily-deals site's aggressive growth strategy and expansion into the direct-sales business.
Losses from the Chicago-based company, which helps to arrange discount offers with local merchants, reached $81.1 million in the fourth quarter, wider than its $65.4 million loss a year earlier. Results were hurt by international challenges and the deteriorating profitability of its businesses, particularly the one that sells merchandise directly to customers, known as Groupon Goods.
Source: Wall Street Journal, OxBridge Research
Institutional Financial, IFMI, Reports 33% Revenue increase, declares dividends. Red Giant, REDG, takes a Giant Leap up 33%
Full Year Adjusted Operating Income of $7.5 million, or $0.47 per Diluted Share
Fourth Quarter Adjusted Operating Income of $4.3 million, or $0.26 per Diluted Share
Fourth Quarter Net Income of $4.1 million, or $0.26 per Diluted Share
Board Declares Dividend of $0.02 per Share
The Company noted that during the fourth quarter, net trading revenue increased $4.5 million, or 33%, from the prior quarter and increased $2.5 million, or 16%, from the year-ago quarter, despite the Company having substantially reduced its headcount and compensation expenses in its capital markets businesses.
"We are pleased with our performance in the fourth quarter, and believe that our full year results are especially meaningful when considering the adverse conditions we have worked to overcome, particularly in the first half of 2012," said Daniel G. Cohen, Chairman and Chief Executive Officer of IFMI. "The fourth quarter was our second profitable quarter in a row at both the adjusted operating income and net income levels. In addition, we continued to work hard to control both our compensation and non-compensation costs across all of our operating segments. While market conditions remain difficult, we are encouraged by the progress made throughout our diverse operating units and our focus remains on increasing value for our shareholders."
source: the company, OxBridge Research
4 Healthcare Stocks, you don't wanna miss! all under $1, IDRA, CPRX, ULGX, OCLS
Get Top Stock Picks for FREE!
Don't miss the NEXT premium Alert! Sign-up, Get Alerts, MakeMoney!®
we received or expecting compensation from the featured company. Our firm, principals and staff may own/buy/sell/trade stock/securities of this company. Always Read the full Disclosure/Disclaimer. Thanks.
Solar Stock Rally, powered by subsidies and credits.
Solar Stocks rising as more homeowners opting for lease, easy and affordable buying options increasing the solar foot print, companies like Solar City and Sun Power are poised to rake-in huge cash.
Solar installers are doing a brisk business in California and other states, subsidies, credits and other incentives are driving the growth. SolarCity, the new $1.5 billion solar kid on the block and other companies are benefiting from the new business model.
Top Solar Stocks picks for 02/19/2013, YGE, JASO, SOL, STP, HSOL
Don't miss the NEXT premium Alert! Sign-up, Get Alerts, MakeMoney!®
we received or expecting compensation from the featured company. Our firm, principals and staff may own/buy/sell/trade stock/securities of this company. Always Read the full Disclosure/Disclaimer. Thanks.
Marijuana, MJNA, reached the tipping point, market cap a whopping $360 million dollars! Top pot picks, MJNA, PHOT, CBIS, HEMP
Penny Stock Watch list for 02/14/2013,OWW, ETAK, STEV, AMBO, ZOOM.
MJNA at historic highs, market cap a whopping $360 million dollars!
Pot hysteria reaches epic proportion, MJNA, PHOT, CBIS, HEMP
Don't miss the NEXT premium Alert! Sign-up, Get Alerts, MakeMoney!®
Get the Fresh, Nutrient Rich, Piping Hot Picks Everyday! Sign-up, its FREE!
NASDAQ Top 10, Top 10 Stocks at 52wk Highs!
Company Name
|
Symbol.....
|
........Price
| |
Chg
|
% Chg
|
.....Open
|
.....High
|
.........Low
|
.........Volume
|
Google
|
GOOG
|
785.37
|
|
11.42
|
1.48%
|
780.13
|
786.67
|
779.56
|
3.02 m
|
Virtus
|
VRTS
|
162.06
|
|
5.72
|
3.66%
|
156.70
|
162.12
|
156.70
|
37.65 k
|
ExOne
|
XONE
|
30.10
|
|
3.58
|
13.50%
|
27.40
|
33.60
|
27.20
|
3.88 m
|
Sirona Dental
|
SIRO
|
72.94
|
|
3.47
|
4.99%
|
73.00
|
73.98
|
72.046
|
913.03 k
|
Sears
|
SHOS
|
43.50
|
|
2.05
|
4.95%
|
41.48
|
43.50
|
41.48
|
89.16 k
|
Calumet
|
CLMT
|
34.90
|
|
1.63
|
4.90%
|
33.48
|
35.05
|
33.4025
|
882.57 k
|
Cerner Corporation
|
CERN
|
88.10
|
|
1.54
|
1.78%
|
86.80
|
88.33
|
86.58
|
1.09 m
|
NXP Semiconductors
|
NXPI
|
31.96
|
|
1.48
|
4.86%
|
30.61
|
32.12
|
30.56
|
5.38 m
|
Middleby
|
MIDD
|
149.04
|
|
1.48
|
1.00%
|
147.76
|
149.51
|
147.48
|
58.90 k
|
Activision
|
ATVI
|
13.41
|
|
1.35
|
11.19%
|
13.20
|
13.943
|
12.90
|
56.02 m
|
5 under $1 Biotech stocks, Biopharma stocks with huge upside potential, CPHI, TZYM, CPRX, ABIO, CRME
Today's Top 10 picks:-
CPHI, TZYM, CPRX, ABIO, CRME and more
Don't miss the NEXT premium Alert! Sign-up, Get Alerts, MakeMoney!®
Get the Fresh, Nutrient Rich, Piping Hot Picks Everyday! Sign-up, its FREE!
Pot hysteria peaked, weed balloon could burst today, cannabis crash will be deadly. MJNA, HEMP, PHOT,CBIS, 100% gain in 3 days.
Penny stock traders rode the pot bull for three days, four penny stocks, MJNA, PHOT, HEMP, CBIS gained 100% or more in just 3 days!
Today's Top Picks:-
GRNH, WSTL, SDIX, PSDV, ZOOM, USTA, HZNP, INO, DRAM, STV
Don't miss the NEXT premium Alert! Sign-up, Get Alerts, MakeMoney!®
Get the Fresh, Nutrient Rich, Piping Hot Picks Everyday!
Stop smoking weed, take profits, while the pot is still hot! Our members made double digits on
MJNA, CBIS (PHOT, HEMP) also gained.
Don't miss the NEXT premium Alert! Sign-up, Get Alerts, MakeMoney!®
we received or expecting compensation from the featured company. Our firm, principals and staff may own/buy/sell/trade stock/securities of this company. Always Read the full Disclosure/Disclaimer. Thanks.
DOW flirting with 14000, Pot is hot, MJNA,CBIS, PHOT,HEMP, double digit gains.
Rapidly rising Biopharma stocks, Healthcare stocks, Biotech stocks.
Rapidly rising under $1 small caps you don't wanna miss, Biopharma, Healthcare and Biotech stocks.
Top 10 Picks:
TSYS, WYY, CRME, PSDV, ZOOM, SCON, CYTK, ATHX, STV, PULS
Don't miss the NEXT premium Alert! Sign-up, Get Alerts, MakeMoney!®
Get the Fresh, FREE, Sun Dried, Nutrient Rich, Piping Hot Picks Everyday!
Sign-up, its FREE!
DOW 14000, S&P 1500, how small investors could benefit, will small caps join the rally? The stakes are very high!
Today's Top 10 Picks:
OCZ, MTSL, CRME, PTN, GENE, ECTE, CTIC, LEI, PACB, TGS
Don't miss the NEXT premium Alert! Sign-up, Get Alerts, MakeMoney!®
Get the Fresh, FREE, Sun Dried, Nutrient Rich, Piping Hot Picks Everyday!
Sign-up, its FREE!
STEV, Stevia rally continues, up 15% again!
STEV, Stevia Corp., is in a great position to benefit from increasing health awareness, wide adaptation and growing global demand.
If you missed our recent email alerts/tweets, please take a look at the comprehensive research report on STEV. The report will help you understand the underlying dynamics of this fast growing industry in general and Stevia Corp. in particular. Access the full report > Research Report
Don't miss the NEXT premium Alert! Sign-up, Get Alerts, MakeMoney!®
we received or expecting compensation from the featured company. Our firm, principals and staff may own/buy/sell/trade stock/securities of this company. Always Read the full Disclosure/Disclaimer. Thanks.
Top 5 Dividend Yielding Stocks
Data as of 01/18/2013 4:00 PM ET
Data provided by Wall Street on Demand and Thomson Reuters
Stocks were identified by the following criteria: Stocks from the Dow Jones Industrial Average that were recently paying the highest dividends as a percentage of their share price.
Etrade
Today's Top 10 Picks @Top10Picks
Ackman’s Bet on Herbalife: ‘Most Easily Falsified Bear-Thesis I Have Seen’ Ican Buys huge stake in HLF, Hedge fund Titans Bet Billions, regardless who wins, Billions of dollars will change hands, shed no tears, its Good for the Economy!
By Juliet Chung
-
- Bloomberg
- William Ackman
The hits on William Ackman’s bet against Herbalife keep on coming—and they’re getting personal.
On Tuesday, hedge-fund manager John Hempton, whose Australian firm, Bronte Capital, owns shares in the nutritional supplement company, fired off a blog post calling the idea behind Ackman’s Herbalife short “the most easily falsified bear-thesis I have seen from a major hedge fund ever.”
Ackman has argued Herbalife is a pyramid scheme that regulators should shutter, alleging that the company’s distributors earn more money from recruiting other distributors than by selling products to consumers. He has sold short more than 20 million shares of Herbalife at a cost of more than $1 billion, a figure that comprises about 9% of the total assets in his hedge-fund firm, Pershing Square Capital Management.
Read more....http://online.wsj.com/home-page
Facebook $FB backed by Bing $MSFT declares war on Google $GOOG,
Zuck's secret weapon: Graph Drone!
Facebook (FB) is taking a page from Google's (GOOG) playbook. The social networking giant on Tuesday unveiled a search service. It is not aimed at toppling Google from its perch as the king of Web search any time soon. Instead, it is the opening round in a long-term campaign to erode Google's monopoly over the most powerful and profitable business on the Internet. If successful, Facebook's so-called "graph search" will offer users an alternative to Google that may work better for many types of queries. In due time, it could turn into a tidy business for Facebook.
"Graph search is not Web search," Mark Zuckerberg, Facebook's co-founder and chief executive, said during a packed press conference at the company's headquarters in Menlo Park, Calif.
Indeed, Facebook only searches for things that have happened on its sprawling site. For now, it concentrates on four types of searches: people, photos, interests and places. But the types of queries possible with Facebook's new service are innovative and useful. Users can "find friends who like soccer" or "find friends who like soccer in your hometown." Users can find all the photos they've liked or all the photos their friends have taken in Paris. They can find restaurants in San Francisco liked by friends who are locals, or by friends who are Indian―say if they're in the mood for spicy food. Users can't do that on Google.
Read more : http://tech.fortune.cnn.com/2013/01/15/facebook-vs-google-its-on-in-search/
Top 10 Stock Picks for 01/11/2013, Today's Top 10 Picks!
PRKR, SPRT, RSYS, EDAP, FSW, MNGA, DNDN, UQM, PSUN, NVAX
Don't miss the NEXT premium Alert! Sign-up, Get Alerts, MakeMoney!®
Get the Fresh, FREE, Sun Dried, Nutrient Rich, Piping Hot Picks Everyday!
Sign-up, its FREE!
Cell Therapeutics gets a long overdue bounce! CTIC up 20%, will BPAX get her groove back?
Small Cap Healthcare stocks are providing a steady doze of healthy returns for our members. CTIC has been one of our favorite picks.
We thought BPAX would get her groove back! So far, It has been an embarrassing dysfunction for the ladies!
Today's Top 10 Picks:-
here are the Top Five:
PULS, SMI, PTEK, UNIS, ECTY
Get the other Five from Members Wallet! Be a insider!
PPHM, Peregrine Pharma, up a whopping 70%, you could have almost doubled your money in just a week.
YOU COULD HAVE ALMOST DOUBLED YOUR MONEY!
NOT in 1 year, Not in Six Months, ONE WEEK folks!
On New Year's Eve (see the list) we published our Top 10 List, PPHM on that day gained 7%, today it gained a whopping 70%, we think this stock has legs! You want to keep a close eye on this and on our other picks!
You can't afford to miss opportunities like these, can you?
Check out Today's Top 10 Picks now!
Get the Fresh, FREE, Sun Dried, Nutrient Rich, Piping Hot Picks Everyday!
Sign-up its FREE!
High Octane Solar and Alternative Energy stocks! Top 10 Picks
Fiscal Cliff brought much needed sunshine to Solar Stocks. Renewable energy stocks across the board got a huge boost from the extension of credits and R&D expenditure. You could have doubled your money in a matter of weeks, see our Solar picks.
Stay ahead, stay informed sign-up and make money, its FREE
Today's Top Picks
SONS, CIS, ZLCS, IDRA, BGMD, CSUN, CYTK, QUIK, CRDC, CSIQ
Don't miss the NEXT premium Alert! Sign-up, Get Alerts, MakeMoney!®
we received or expecting compensation from the featured company. Our firm, principals and staff may own/buy/sell/trade stock/securities of this company. Always Read the full Disclosure/Disclaimer. Thanks.
Happy New Year!
We bid farewell to 2012 and welcome the dawn of 2013 with good wishes and much success to our members, visitors and all the people around the world.
Our unique platform has been a success, during the year 2012 our membership has increased dramatically. Traders/investors are benefiting from our daily deals Everyday.
We would like to thank specially to those members who took the time to send us their feed back and valuable advice on how to improve our services, so members could benefit more. We always welcome your thoughts and comments.
We determine to continue to improvise and extend our offerings and bring more fresh deals to you. This unique platform wouldn't have been a success without your participation. Thank you.
Top 10 Stock Picks for the New Year's Eve!
1.AAMC 2.LXRX 3.VICL 4.IDRA 5.ALVR 6.COOL 7.TBOW 8.PPHM 9.IDIX 10.AMRS
Get Top Picks at one place, Every Day, All Day!
Just Picks! We Pick You Decide!
Don't miss the NEXT premium Alert! Sign-up, Get Alerts, MakeMoney!®
Best After Christmas Picks Ever! Our Top 10 Picks
Solar Stocks are having one of the best days of the year, most small cap solar stocks poised to gain.
Top 10 Picks from our Staff!
-
YGE
-
SOL
-
HSOL
-
LDK
-
TSL
-
STP
-
CSUN
-
JKS
-
SPWR
-
JASO
Happy Trading, Daily Stock Deals served Fresh Everyday!
Sign-Up and enjoy the Free benefits.
Happy Holidays!
AcuFAB™ Is Epic's Engine For Growth And The Foundation For Epic's
Fundamental Value Of $1.06 Per Share
AUSTIN, Texas, Dec. 18, 2012 /PRNewswire/ -- EPIC Corporation (EPOR) (the "Company"), a preventive healthcare technology company, announced that AcuFAB™ is the engine that drives its future growth and AcuFAB™'s intangible asset value of $17,005,963 is the foundation for EPIC's Fundamental Value of $1.06 per share .
"AcuFAB™ a proprietary acupressure industrial and medical textile took approximately one year to develop and is produced in the United States," said Ronald Tucker, CEO of EPIC Corporation. "It is a specialty therapeutic spacer fabric with a complex architecture and a new and unique but simple design. It was developed and is produced by Highland Industries, Inc., a Takata Company and a leader in the industrial textile markets, in a 700,000 square foot production facility in South Carolina."
Description
AcuFAB™'s unique design has a single flat surface with alternating ridges running down the length of the knitted 100% polyester fabric.The ridges provide a defined and flexible space and limit the pressure points contacting the body and give a gentle message effect, while the channels between the alternating ridges allow for greater circulation and ventilation.
Features
AcuFAB™'s features include:
-
Limits pressure points against surface tissues of the body;
-
Is antibacterial – it is resistant to mold and mildew;
-
Is hypoallergenic;
-
Is hydrophobic and quick drying;
-
Retains its shape;
-
Is resistant to dyes, solvents, and most chemicals; and
-
It has a high melting point.
Benefits
AcuFAB™'s Benefits include:
-
Supports body weight across the fabric;
-
Allows for more blood and oxygen to reach the surface tissues of the body;
-
Reduces hypertension stress;
-
Enhances air circulation which reduces sweating;
-
Provides for a more temperate body temperature;
-
Can be antibacterial to repeal infectious diseases; and
-
Is machine washable and dryer safe.
Markets
AcuFAB™ is unique due to its ability to be used in fabricating various different types of products in human and animal market segments. These products can be sold in at least three large human market segments, medical, home healthcare, and consumer. In most instances the products made from it do not require FDA approval.
In July 2012, an independent company commissioned by EPIC published a market report regarding the healthcare and medical niche market segments for AcuFAB™ and its AcuPAD™ products. Click here to download a copy of the report.
The report only evaluates the mattress overly market relating to the prevention of pressure sores, and does not discuss the market for mattress overlays that provide a more comfortable and restful night's sleep, chair pads, car and truck seat pads, compression bandages, regular and diabetic shoe inserts, and other products that can be made with AcuFAB™.
The Market Report provides in-depth (segment) analysis and market potential for mattress overlays relating to pressure sores. The AcuPAD™ Mattress overlays provide a more comfortable, deep un-interrupted sleep. Chair cushions and car and truck seating pads made from AcuFAB™ provide comfort and relief from lower back, shoulder and neck pains.
Market Report Summary
The US Supreme Court's decision to uphold the Affordable Care Act gives more significance to the report. The decision means, like the report states, healthcare will " gravitate more and more into preventative medicines and chronic therapeutic regiments . . . because of large spikes in obesity, diabetes, and an ever increasing sedentary life style, we are dealing with the increasing need for handling wounds preemptively . . . . [I]t really will always be about low blood circulation to surface tissue." (Market Intelligence Report, June 25, 2012, "Market Summary")
EPIC's AcuPAD™ products, made with AcuFAB™, "can optimize the way that both the blood vessels and lymphatic system distributes fluids to and from the surface tissue. By so doing, it is quite possible that we can avoid pressure ulcers, diabetic ulcers, and various other surface tissue lesions caused by a lack of oxygen to these tissues . . . By facilitating blood flow and by extension oxygen offload to surface tissues, not only can the inception of these debilitating sore be prevented but also those that have started to come about can be addressed early with combination of antibiotics and circulation management." (ibid.)
Due to the current economic conditions "and incredible pressure on the healthcare system . . . it would figure that one of the best ways to handle this is to mitigate . . . bed stays. Not every one can be helped by prudent [and effective] pressure overlay methodology, but many patients definitely can be helped and the amount of money that could be saved is staggering and is in the billions." (ibid.)
Valuation Summary for AcuFAB™
AcuFAB™ as a physical fabric is a tangible asset valued at cost, but as an intangible asset its Intrinsic, Fair or Fundamental Value is determined by a Weighted Average Cost of Capital based on an estimated gross profit generated from the sale of products made with AcuFAB™ within a fixed period of time. The Fundamental Value of projected net revenues and gross profits from AcuFAB™ products for a 5 year fixed period from the production of one Highland knitting machine is $17,005,963.
Valuation of EPIC and its Common Stock
The valuation of EPIC's estimated Firm Value and Equity Value makes use of two Absolute Value Models ("AVM"). One AVM model being a Present Value Model or Discounted Cash Flow model which derives value from the present or discounted value of its expected future sales and income. The two main definitions of cash flow models are Free Cash Flow to the Firm Model ("FCFF") and Free Cash Flow to Equity Model ("FCFE"). The Fundamental Firm Value under the FCFF model is $20,562,126 and the equity value under the FCFE model is $20,383,171.
The second AVM model is the Relative Valuation. This is an estimate of an asset's value relative to the value of another asset. A Relative Valuation is typically implemented using price multiples or enterprise value multiples in comparison to peer companies. The relevant price and enterprise value multiples comparisons are with SPAN, IVC, HRC, the Industry and the projections of EPIC.
The Relative Values for the Firm is $27,186,777 and the Equity is $27,388,516 with a per stock value of $1.06
EPIC is a preventative healthcare technology company whose mission is to provide people with better healthcare through technology. Visit www.epiccor.com for corporate information and www.otcmarkets.com for investor information.
CONTACT: Ronald Tucker CEO Email:
This e-mail address is being protected from spambots. You need JavaScript enabled to view it
Telephone: (866) 737-1413
Disclosure/Disclaimer: Epic corp. (EPOR) is a client company please read the full disclosure. Thanks.
Stevia Corp (STEV) Provides Profit Guidance
Company Expects to Generate First Quarterly Profit in 2013
INDIANAPOLIS, IN--(Marketwire - Dec 13, 2012) - Stevia Corp. ( OTCQB : STEV ) ("Stevia Corp" or the "Company"), a farm management company focused on the economic development of stevia, the fastest growing product in the alternative sweetener sector, is pleased to announce the expansion of its commercialization phase and first major crop harvest expected in Vietnam during first quarter of 2013.
Stevia Corp expects crop harvests in Vietnam to top 1,000 tons by March of 2013. Based on its forecasted sales price and costs, the Company believes this will produce more than $2 million of revenue and its first quarterly profit. This follows the first revenue reported by the Company this year of $112,517 for the quarter ended September 30, 2012.
George Blankenbaker, Stevia Corp President, comments, "This will again signify another major milestone achieved well ahead of schedule. This, together with our joint venture operations in China launched last quarter, will begin a solid foundation for the company to continue scaling its business model and target significant revenue and profit growth during calendar year 2013 provided we also achieve certain capital requirements."
Mr. Blankenbaker also added, "Now that we are well into our commercialization phase, we also have plans to update our website and provide a picture gallery and possibly a blog so that the public can more easily track our developments and experience our growth with us. We are excited about the rapid pace of developments and believe it is important to involve our shareholders. We expect to complete the first phase in January, so this is something that our investors can also be looking forward to for the New Year."
Further details of the Company's business, finances, appointments and agreements can be found as part of the Company's continuous public disclosure as a reporting issuer under the Securities Exchange Act of 1934 filed with the Securities and Exchange Commission's ("SEC") EDGAR database. For more information visit: www.steviacorp.us.
About Stevia Corp. ( OTCQB : STEV ) Stevia Corp. is a farm management company focused on best practice agronomic competency in order to deliver high-value stevia through proprietary plant breeding, excellent agricultural methodologies and innovative post-harvest techniques. To date, the Company has acquired two grower supply contracts and three nursery fields in Vietnam. For more information visit: www.steviacorp.us.
About the Stevia Industry Sector Within two years of the USA market opening, Nielsen-based retail consumption data indicated almost $1 billion of retail sales for the sector. In 2010, stevia products were launched across thirty-five countries and in 38 categories. Zenith International estimates worldwide sales of stevia extract reached 3,500 tons in 2010 with an overall market value of $285 million and forecasts the global market for stevia will reach 11,000 tons by 2014 requiring the tripling of stevia leaf production at the farm level to keep pace with consumer demand. For more information visit: www.steviacorp.us.
Please read Disclosure/Disclaimer @ Daily Stock Deals read Research Report
DOW, NASDAQ performance since 2009, Money Facts!
$DOW gained 1000 points each year since 2009
http://www.google.com/finance?q=INDEXDJX%3A.DJI&ei=kbVIULj4M6SalgOqjgE
$NASDAQ gained a whopping 100% since 2009
http://www.google.com/finance?q=INDEXNASDAQ%3A.IXIC&ei=kbVIULj4M6SalgOqjgE
Where will NASDAQ and DOW be in the year 2016?
Higher? Or Lower?
Share your thoughts
Editor [@] OxBridgeResearch.com
OxBridge Research
Romney's Tax Secret Revealed! Make money like Romney
Convert Ordinary Income into Capital Gains!
The New York attorney general is investigating whether some of the nation’s biggest private equity firms have abused a tax strategy in order to slice hundreds of millions of dollars from their tax bills, according to executives with direct knowledge of the inquiry.
Enlarge This Image
Andrew Harrer/Bloomberg News
The Washington office of the Carlyle Group, which The Carlyle Group has stated in regulatory filings that their partners have not diverted management fees into investments in their funds.
Enlarge This Image
Evan McGlinn for The New York Times
Bain offices in Boston. According to financial statements, Bain partners saved more than $200 million in federal income taxes and more than $20 million in Medicare taxes.
The attorney general, Eric T. Schneiderman, has in recent weeks subpoenaed more than a dozen firms seeking documents that would reveal whether they converted certain management fees collected from their investors into fund investments, which are taxed at a far lower rate than ordinary income.
Among the firms to receive subpoenas are Kohlberg Kravis Roberts & Company, TPG Capital, Sun Capital Partners, Apollo Global Management, Silver Lake Partners and Bain Capital, which was founded by Mitt Romney, the Republican nominee for president. Representatives for the firms declined to comment on the inquiry.
Mr. Schneiderman’s investigation will intensify scrutiny of an industry already bruised by the campaign season, as President Obama and the Democrats have sought to depict Mr. Romney through his long career in private equity as a businessman who dismantled companies and laid off workers while amassing a personal fortune estimated at $250 million.
Some executives at the firms said they feared that Mr. Schneiderman, a first-term Democrat with ties to the Obama administration, was seeking to embarrass the industry because of Mr. Romney’s roots at Bain. Others suggested that the subpoenas, which were issued by the attorney general’s Taxpayer Protection Bureau, might be part of an effort to recover more revenue for New York under state tax law. The attorney general’s office does not have the power to enforce federal tax laws.
A spokesman for Mr. Schneiderman declined to comment.
The tax strategy — which is viewed as perfectly legal by some tax experts, aggressive by others and potentially illegal by some — came to light last month when hundreds of pages of Bain’s internal financial documents were made available online. The financial statements show that at least $1 billion in accumulated fees that otherwise would have been taxed as ordinary income for Bain executives had been converted into investments producing capital gains, which are subject to a federal tax of 15 percent, versus a top rate of 35 percent for ordinary income. That means the Bain partners saved more than $200 million in federal income taxes and more than $20 million in Medicare taxes.
The subpoenas, which executives said were issued in July, predated the leak of the Bain documents by several weeks and do not appear to be connected with them. Mr. Schneiderman, who is also co-chairman of a mortgage fraud task force appointed by Mr. Obama, has made cracking down on large-scale tax evasion a priority of his first term.
As a retired partner, Mr. Romney continues to receive profits from Bain Capital and has had investments in some of the funds that documents show used the tax strategy.
The campaign issued a statement saying that Mr. Romney did not, however, benefit from the practice. “Investing fee income is a common, accepted and totally legal practice,” said R. Bradford Malt, a lawyer for Mr. Romney who manages his family’s investments and trusts. “However, Governor Romney’s retirement agreement did not give the blind trust or him the right to do this, and I can confirm that neither he nor the trust has ever done this, whether before or after he retired from Bain Capital.”
Managers at a typical private equity firm or hedge fund collect from their investors management fees based on the size of the fund. But most of their compensation comes as a share of the profits earned by the fund. The Internal Revenue Service allows those profits to be considered “carried interest,” taxed at the capital gains rate typically reserved for investments.
The tax strategy used by Bain and other firms to convert management fees — the compensation normally taxed as ordinary income — into capital gains is known as a “management fee waiver.” The strategy is widely used within the industry: 40 percent of the 35 buyout firms based in the United States surveyed in 2009 by Dow Jones said their partners used at least some of the firm’s fees to make investments in their funds.
But some prominent firms appear to avoid the practice. The Carlyle Group and Blackstone Group have stated in regulatory filings that their partners have not diverted management fees into investments in their funds.
In the varied world of private equity, some firms may have lawyers who are not aware of the strategy or have steered their clients away from it, said a lawyer at one firm who has used the strategy for his clients. Others, he said, may not have the operational capabilities to handle the complex transactions.
Apollo Global Management, the buyout firm co-founded by Leon Black and now publicly traded, is among those that use the conversion strategy. Between 2007 and 2011, Apollo converted more than $131 million in fees into investments in its funds, according to S.E.C. filings. A spokesman for the firm declined to comment.
Likewise, K.K.R. converted more than $180 million in fees between 2007 and 2009, according to its filings. Kristi Huller, a spokeswoman for the firm, declined to comment about any regulatory matter, but said in an e-mail that K.K.R. had not used the tax strategy “for the past few years.”
Other firms that received subpoenas include Clayton, Dubilier & Rice; Crestview Partners; H.I.G. Capital; Vestar Capital Partners; and Providence Equity Partners. Representatives for all these firms declined to comment.
Tax lawyers have justified the arrangements by arguing that converting the management fees into carried interest, which could lose some or all of its value if a fund does poorly, entitles the managers to the lower capital gains rate, which is intended to help mitigate the risks taken by investors.
“They’re risking their management fee — they’re giving up the right to that management fee in any and all events,” said Jack S. Levin, a finance lawyer whose firm has represented Bain on some matters. Mr. Levin said he did not consider the practice risky or even aggressive.
“The I.R.S. has known that private equity funds have been doing this for 20 years,” he said.
In 2007, the agency began taking a closer look at suspected tax abuses at hedge funds and private equity firms. In a statement at the time, an I.R.S. spokesman said that management fee conversions were among several “areas of possible noncompliance.” But no formal ruling appears to have emerged.
Some private equity firms take what tax experts consider a less aggressive approach to the conversions, waiving fees on all of a given fund’s investments over the lifetime of the fund, which can be 10 years.
But other firms choose which funds or even which particular investments to waive fees on frequently, like every year or every quarter. Such arrangements may allow the executives to apply the waiver only when they believe their funds are more likely to appreciate in value, substantially reducing their investment risk.
Mr. Schneiderman is also looking at whether private equity executives treated management fees as a return of invested capital — potentially escaping taxation entirely — or deferred payouts of the converted fees in ways that improperly reduced their tax liabilities.
Executives at three of the firms subpoenaed by Mr. Schneiderman, who asked for anonymity because they were bound by confidentiality agreements, said that disclosures to their investors clearly stated that the waived fees were allocated equally to all the investments in a fund.
The leaked documents show that Bain has in recent years waived management fees in at least eight private equity and other funds, including one formed as early as January 2002. The documents stated that Bain executives had the right to decide either annually or each quarter whether to waive some or all of their management fees; they also had the ability to convert the waived fees into investments in particular companies held by the funds.
Victor Fleischer, a law professor and finance expert at the University of Colorado who has been critical of the tax rules for private equity firms, said he believed Bain had waived management fees into investments with so little risk that the arrangement would not qualify for the capital gains rate if challenged by the I.R.S.
“There is a tension between economic risk and tax risk that is supposed to be inversely proportional,” Mr. Fleischer said. “The way Bain set it up there’s not much risk at all, so it’s hard to see how this income should receive capital gains treatment.”
Michael Luo contributed reporting.
Courtesy: New York Times
Warren Buffett cancer diagnosis
OxBridge Research - (Market News) - Berkshire announced Tuesday that the 81-year-old Buffett has Stage 1 prostate cancer and will begin radiation treatments in mid-July. It is considered to be the mildest form of prostate cancer, with doctors simply monitoring the normally slow-growing tumors to ensure patient conditions don't worsen.
"I've been told by my doctors that my condition is not remotely life-threatening or even debilitating in any meaningful way," Buffett wrote in a letter to shareholders posted on Berkshire's website. "I feel great — as if I were in my normal excellent health — and my energy level is 100%." OxBridgeResearch.com
OxBridgeResearch.com (DJ Newswires)Yuan trade band expands, US, Europe calls for more
-China will allow the yuan to trade in a wider daily range beginning Monday
--Beijing moving gradually toward a more market-determined exchange-rate regime
--Yuan's trading band against U.S. dollar now 1.0% above and below a daily reference exchange rate, from 0.5% now
--White House calls move 'progress.' Will push for more movement with ultimate goal of reaching 'market value.'
By Esther Fung and Shen Hong `Of DOW JONES NEWSWIRES
SHANGHAI (Dow Jones)--China will allow the yuan to trade in a wider daily range against the U.S. dollar beginning Monday, taking another major but widely-anticipated step to further liberalize its exchange-rate regime and make its currency more market-oriented.
The move received cautious praise by U.S. and international officials, who described the widening as an important step while renewing their calls for further appreciation of the yuan.
The People's Bank of China said Saturday it will widen the yuan's trading band against the U.S. dollar to 1.0% above and below a daily reference exchange rate from 0.5% now. It last expanded the dollar/yuan trading band from 0.3% in May 2007.
The move came at a time when the currency's immediate outlook seems murky and as pressures for the yuan to appreciate have eased substantially after recent data showed that the country's trade has become more balanced, ending a remarkable era of constant, huge trade surpluses as Chinese goods flooded the global market with the help of inexpensive labor and a cheap yuan.
Senior officials, including Premier Wen Jiabao and China's central banker, have hinted strongly on various occasions in recent months that they would let the yuan trade in a wider range as they argued the currency is nearing fair value. The authorities' decision also followed data showing the world's second-largest economy grew at its slowest pace in three years in the first quarter, a development that calls for further policy easing.
The yuan's performance has indeed become significantly more volatile in recent months, suffering waves of heavy selling and on numerous occasions hitting its downside band limit due to concerns about a hard landing for the Chinese economy.
The yuan has depreciated 0.14% against the dollar so far this year and accumulated a gain of 8.3% since Beijing effectively depegged its currency from the greenback in June 2010. The yuan was trading at around 6.3030 to the dollar late Friday.
OxBridgeResearch.com (press release) Google splits stock, creates new C shares, A shares retain Voting right
NEW YORK (AP) — Google Inc. has announced plans to issue a new class of stock to existing shareholders, effectively splitting shares 2 to 1. It’s an unusual approach that reflects a desire by Google’s founders to preserve the company’s long-term interests.
Here’s an explanation of the plan:
Q. Why is Google doing this?
A. Google’s current stock structure concentrates voting power with Google’s founders, Larry Page and Sergey Brin, and with Executive Chairman Eric Schmidt. Google is afraid of diluting that power as it issues new shares to employees and to companies that it acquires through stock purchases. Google says there’s no immediate danger of that happening, but it sees no need to wait. “It’s important to bear in mind that this proposal will only have an effect on governance over the very long term,” Page and Brin wrote in a letter. “It’s just that since we know what we want to do, there’s no reason to delay the decision.”
Q. What does this mean for existing shareholders?
A. Investors typically have Class A stock now. They will be given an equal number of Class C shares, which won’t have any voting power. The value of the Class A stock will be split between the two, so if the stock is trading at $600 when it happens, a Class A share will be worth $300 and a Class C share will be worth $300. Investors will have twice the number of shares they held before, but the total voting power and stock value won’t change. So if Bob owns 100 shares worth $600 each, he will own 200 shares worth $300 each. Bob will still have 100 votes, and the value of all his shares will still be $60,000. Investors will be free to buy and sell shares in either class independently, and the new class will get its own ticker symbol. If Bob sells his 100 Class C shares, he will have 100 votes through the Class A stock, and the shares will be worth $30,000. But if Bob sells his 100 Class A shares, he will have no vote on the Class C stock worth $30,000.
A Modern Gold Rush: OxBridge Research Profiles Del Toro's Golden Vision
CARSON CITY, Nev., Dec. 8, 2011 (GLOBE NEWSWIRE) -- Del Toro Silver Corp. (OTCBB:DTOR) ("Del Toro" or the "Company") is pleased to announce that OxBridge Research (http://www.oxbridgeresearch.com) has initiated profile coverage of Del Toro Silver Corp. The OxBridge report lists Del Toro Silver Corp as one of its "Stocks to Watch" and states that California historic gold mines offer a rare investment opportunity. The OxBridge report offers additional information for public consideration on the Discovery Day Gold Property.
About OxBridge Research
According to OxBridge Research "The research company provides rigorous research and analysis using its own, time tested, proprietary method."
About Del Toro Silver Corp.
Del Toro Silver Corp. (OTCBB:DTOR) is a dynamic mining and exploration company whose corporate strategy is the acquisition and development of high grade, near term production gold properties in the western USA and Mexico, with particular focus on historically prolific California mining districts. Del Toro's new management team, in place since September 2011, targets properties which require limited exploration, development and mining expenditures, with the potential for near term production and positive cash flow. In keeping with this strategy the company recently entered into an Asset Sale and Purchase agreement for the Discovery Day Gold Property located in Siskiyou County, California. The goal of the company is to become a gold producer and industry leader in the small to mid size mine market.
A copy of this news release and more information on the Company can be obtained on the company website (http://www.deltorosilver.com).
Forward-Looking Statements
Except for the statements of historical fact contained herein, the information presented in this news release constitutes "forward-looking statements" as such term is used in applicable United States and Canadian laws. These statements relate to analyses and other information that are based on forecasts of future results, estimates of amounts not yet determinable and assumptions of management. Any statements that express or involve discussions with respect to predictions, expectations, beliefs, plans, projections, objectives, assumptions or future events or performance (often, but not always, using words or phrases such as "expects" or "does not expect", "is expected", "anticipates" or "does not anticipate", "plans, "estimates" or "intends", or stating that certain actions, events or results "may", "could", "would", "might" or "will" be taken, occur or be achieved) are not statements of historical fact and should be viewed as "forward-looking statements". Such forward-looking statements involve known and unknown risks, uncertainties and other factors that may cause the actual results, performance or achievements of the Corporation to be materially different from any future results, performance or achievements expressed or implied by such forward-looking statements.
Forward-looking statements are made based on management's beliefs, estimates and opinions on the date the statements are made and the Company undertakes no obligation to update forward-looking statements if these beliefs, estimates and opinions or other circumstances should change, except as required by applicable law. Such forward-looking statements reflect our current views with respect to future events and are subject to certain risks, uncertainties and assumptions, including the risks and uncertainties outlined in our most recent financial statements and reports and registration statement filed with the United States Securities and Exchange Commission (the "SEC") (available at www.sec.gov) and with Canadian securities administrators (available at www.sedar.com). Such risks and uncertainties may include, but are not limited to, the risks and uncertainties set forth in the Company's filings with the SEC, such as the ability to obtain additional financing, the ability to manage growth, acquisitions of technology, equipment or human resources, the effect of economic and business conditions, the ability to attract and retain skilled personnel and factors outside the control of the Company. These forward-looking statements are made as of the date of this news release, and the Company assumes no obligation to update the forward-looking statements or to update the reasons why actual results could differ from those projected in the forward-looking statements.
Billion Dollar Penny Stock!
A virtually unknown stock racks up Billion Dollars in Market Cap
Historical Achievement!
This is the first time ever a company we featured/alerted, not very long ago, turned into a Billion Dollar market cap company. It is quite an achievement for a company with Zero revenues.
PORTAGE RESOURCES
(Other OTC: POTG.PK )
Last Trade:
|
0.2259
|
Trade Time:
|
9:49AM EDT
|
Change:
|
0.0209 (10.20%)
|
Prev Close:
|
0.21
|
Open:
|
0.22
|
Bid:
|
N/A
|
Ask:
|
N/A
|
1y Target Est:
|
N/A
|
Day's Range:
|
0.21 - 0.2260
|
52wk Range:
|
N/A
|
Volume:
|
3,985,410
|
Avg Vol (3m):
|
N/A
|
Market Cap:
|
1.01B
|
|
|
|
|
You are missing the Premium Alerts! Sign-up, Get Alerts that MakeMoney!®
we get compensated by the companies we feature. Always Read the full Disclosure/Disclaimer. Thanks
GSX | Gasco Energy | Profile | Summary
Gasco Energy, (GSX) is an independent oil and gas company focused on developing natural gas deposits in the U.S. Rocky Mountain region and, exploring for oil in the San Joaquin Basin, California.
Gasco's SEC-defined proved reserves at year-end 2010 were approximately 42.5 billion cubic feet of natural gas equivalent, comprised 94% of natural gas and 100% of the quantities are proved developed. The Company operates over 100 producing wells in its core Riverbend Project in the Uinta Basin, Utah.
Unita Basin
Uinta Basin holds the largest underexploited natural gas resources in the Rocky Mountain region, according to the Potential Gas Committee of the Colorado School of Mines.
The Uinta Basin holds 50.8 Tcf of conventional and tight resource and 60.2 Tcf of shale gas resource. Which is #1 in the Rockies in both categories. Uinta is benefiting from application of new technologies proven in other basins.
San Joaquin Basin
California Exploration Project comprises of 29,206 gross acres in San Joaquin Basin. GSX has secured drilling partners for further exploration. The California property is situated near the Midway‐Sunset and Belgian Anticline oil fields.OxB20110722©
Remember: We are NOT a Non-Profit organization, we get compensated by the companies we feature on our website(s) Blog(s) News Letters and Email Alerts. Always Read the full Disclosure/Disclaimer. Thanks
COIN | Converted Organics | Profile | Summary
Converted Organics, COIN, is one of the most innovative companies providing solutions for sustainable farming. Though the company is widely known for its Organic Fertilizer division, it has two other divisions that provide turn-key Vertical Farming and Waste Water Treatment solutions.
The continuous erosion of top soil and receding ground water levels is the greatest challenge we face today. The company's innovative technology helps improve the top soil organically and its Vertical Farming method help reduce erosion and improve yields.
Converted Organics has three divisions:-
-
Organic Fertilizer (Converted Organics™)
-
Vertical Farming (TerraSphere Systems)
-
Industrial Wastewater Treatment (Industrial Wastewater Resources).
Organic Fertilizer
Converted Organics™ produces valuable all-natural fertilizers, bio-stimulants and soil amendment products that help grow healthier crops and improve environmental quality by recycling food wastes
Vertical Farming
TerraSphere Systems provides proprietary vertical farming technology solutions that utilize minimal land, water and energy resources to produce fresh, pesticide-free produce regardless of climate or location, year-round. As a leader in vertical farming technology, TerraSphere provides an innovative and sustainable solution to food supply challenges facing the world’s growing population.
Industrial Waste water Treatment
Industrial Waste water Resources(IWR) utilizes a patented LM-HT™ Concentrator technology in the U.S. industrial waste water (IWW) market. The LM-HT Concentrator™ is a zero-liquid-discharge treatment of aqueous waste streams, using waste heat and renewable energy as fuel.
IWR is uniquely positioned to provide industry differentiating technology for treatment of IWW. Through the use of the zero-liquid-discharge treatment and a flexible fuel source, LM-HT™ Concentrators bring an environmentally friendly treatment option to waste water generators. Also, LM-HT™ Concentrators can be strategically placed in locations such as landfills, which help to further reduce greenhouse gases and eliminate significant transportation costs.
Remember: We are NOT a Non-Profit organization, we get compensated by the companies we feature on our website(s) Blog(s) News Letters and Email Alerts. Always Read the full Disclosure/Disclaimer. Thanks
^^^^^
Hedge Funds and Oil Speculators lose $100s of Millions Dollars today
IEA drops a Huge Crude Bomb
Thursday 06-23-11
The surprise move and concerted effort by IEA could herald a new dawn and make it a strong counter weight to OPEC. OPEC will lose its clout and the position it had enjoyed for so long, as the sole arbiter Oil price and World crude supplier, the organization pretty much had the last word. Not any more!
Oil Speculators and Hedge Funds have taken a worst one day hit in Oil Futures Ever! We expect the losses by these Crude Future Traders/Speculators to be in the Hundreds of Millions of Dollars. We will not be surprised to see some of them forced to liquidate their positions and others completely wiped out.
IEA, The International Energy Agency announced today that the 28 IEA member countries have agreed to release 60 million barrels of oil in the coming month in response to the ongoing disruption of oil supplies from Libya.
There is more to it than simply the Libyan supply, latest economic indicators and job market in the USA and lingering European Debt Crisis has more to do with it than the Agency or Washington would like to admit.
For American consumers it comes in time for the Big 4th of July weekend. We are happy to see that, we expect to see a huge jump in consumer confidence index!
OxB20110623©
^^^^^
XING | Qiao Xing Universal | Profile | Summary
Qiao Xing Universal Resources, is a leading player in the molybdenum-mining industry. XING focuses on mining and processing rare metal ores and several strategically important base-metal ores, including molybdenum, copper, lead and zinc.
The Company currently owns 100% interest in Balinzuo Banner Xinyuan Mining Co, and a 34.53% equity interest in Chifeng Aolunhua Mining Co., as well as the right to receive 100% of the expected economic residual returns from Chifeng Haozhou Mining Co.
XING was one of the first Chinese companies to be listed on NASDAQ (in 1999) at that time the company was one of the leading players in the telecommunication product business in China.
The Company made a strategic shift in 2007 and, decided to diversify into the resources industry. Since then, the Company has made several acquisitions in the resources industry and, completely divested from telecommunication businesses.
Since 2010 the company has made tremendous progress. Management currently focused on developing properties they acquired last year. We believe the management is on track to to hit the growth target and continue to expand through acquisitions. OxB20110621©
Disclaimer: We/our channel partners/affiliates have been compensated by the company directly or by a the third party shareholders. Therefore, our views and opinions of this company and/or any other company we profile or comment on are to be considered biased. Always seek expert investment advise before investing. It's YOUR money - Invest WISELY ®
^^^^^
GENM | Genmed | Profile | Summary
Genmed Holding Corp., GENM.OB, is an international US and Holland based company, focusing on the delivery of low cost generic medicines directly to distribution chains in Europe and other countries.
The Company has entered into a production facility agreement with Atabay. Atabay was founded in 1939 and is one of the world’s leading manufacturers in fine chemicals and generic medicines.
The FDA and EMEA approved facility is fully operational and could produce drugs in large quantities.
Genmed is planning to distribute cheaper and safer FDA and EMEA approved generic medicines within Europe and other parts of the world.
The company is planning to expand its operations in Europe and the Middle East. Government run health care systems are facing massive budget cuts, this presents a huge opportunity for a nimble Pharmaceutical company. Genmed could get a firm foothold and benefit from the huge state supported health sector through out Europe and the Middle East. OxB02272011©
Disclaimer: We/our channel partners/affiliates have been compensated by the company directly or by a the third party shareholders. Therefore, our views and opinions of this company and/or any other company we profile or comment on are to be considered biased. Always seek expert investment advise before investing. It's YOUR money - Invest WISELY
VPRO | ViroPro | Profile | Summary
ViroPro Inc., VPRO, a small Bio Pharmaceutical company today signed a Letter of Agreement (LOA) with Spectrum Pharmaceuticals, SPPI, to develop a Bio-similar (generic) drug for Rituximab, currently marketed by Roche/Genentech. Global sales for this particular drug reached $5.6 Billion Dollars.
Today's LOA marks the huge development for VPRO and recognition of its technology. This is just the beginning of a lengthy drug development and approval process, which may take number of clinical trials spanning over years, before any drug resulting from this agreement could reach the market.
Investors, however, sent the stock to dizzying heights, the stock gained a whopping 2700% today. Even after such a huge run, the company's Market Cap remains under $25 Million Dollars. We will not be surprised to see further speculative run on this stock for the next few days and weeks.
FDA has recently finalized the process of approving the Bio-Similar drugs and held many public hearings. Bio Similar drug development is not as straight forward and easy as the generic drugs, the relatively large molecules makes it harder and costly to develop. According to the industry experts the cost of developing Bio Similar drugs could be 10 to 15 times higher than the generic drugs.
CONSUMER CONFIDENCE vs THE REALITY
Consumer Reality kicked in as we say Goodbye to 2010. Confidence numbers for December are down.
Despite the unexpected drop and the Mortgage mess, we expect the Major Indexes to remain at this level or close higher for the year. Economic outlook for the year 2011 is positive, a slight upward revision to the GDP is widely expected.
Our Research shows that the employment gains made in the past two months were mostly in the retail and transportation sectors. The bulk of the hiring took place in stores across America and fulfillment center scattered around the country.
Unfortunately many of these workers will lose their jobs in the coming weeks and months. We are expecting a little pick up in hiring from manufacturing and service sectors, for the short term, at best, that may have a net neutral affect to the over all unemployment figures.
NASDAQ just 135 Rushing Yards away!
The Next Stop: NASDAQ 2810
Global Market from Asia to Europe dashing for the best close in two years.
The Next Stop for NASDAQ: 2810 reached on Nov. 2, 2007, a mere 135 points away!
NASDAQ lead by Big Techs AMZN, GOOG and AAPL is already at two year high.
US Stocks on Cyber Monday
True to the Thanksgiving tradition the American consumers
showed up in record numbers at Malls and Stores across
the country. Retailers reported brisk sales according to the news reports.
We think the investors will do some bargain hunting
of their own. US stock indexes closed lower on Friday.
WAR is Faster Less costly than QE2
It looks like 'baby Kim' , the youngest son of Kim Jong-Il, trying to impress his Daddy with little fireworks. He has been appointed and introduced to the world, not too long ago, as the heir to the Kim Dynasty.
BBC reported that the South Korean president and his cabinet met in an 'undisclosed,underground', bomb proof shelter – now wait a minute, the 'undisclosed location' part has a familiar ring to it - never mind, Its just our PTSD acting up. Read More on the Front Page.
Big Gainers Market Movers
MidDay Movers
As the opening bell sounded, GM peeled off with vengeance, there were no shortage of investors who wanted to hitch a ride with GM today.
Traders and Investors were jubilant. Irish Banking Crisis has been 'resolved' at
least for now.
The credit for GM's success (100%) goes to the Administration, yes the OBAMA administration.
We know some people have really hard time uttering those two words, only irrational ignorant and fool could have such a pride, we are investors and traders, we live and die by the facts and numbers.
The best thing our government ever did in recent memory, saved an American Icon, an Industrial Pioneer, saving and creating thousands of jobs in the process.
Ask the people who actually work directly or indirectly for GM in Ohio, Michigan and Texas.
Hot Stocks to Watch
EXEL –LTXC – CSCD – RTEC – EMAN- KOPIN-MVIS
Get Alerts that Matter!® Everything else:HOTair©
GM an American Icon Survival to Celebration True American Story
from Zero to IPO.
The huge GM IPO is providing the much needed positive charge that Bulls need now more than the VOLT.
Financial stocks are hit by the new revelations that the banks could be on the
hook for Billions of Dollars; losses that were not previously disclosed.
Why I resigned from Facebook
Adam D'Angelo was a CTO of Facebook, the hottest company on the planet. He quit Facebook to start his own company Quora.
Learn how Adam started Quora and what is Quora? Visit Quora.com
it is one of the most fascinating simple Q&A site which has attracted $86 Million Dollars from Venture Capital firms.
A Whopping, True Whopper Returns
23% in One DAY!
Numbers speak louder than words!
Burger King Holdings, Inc.
18.86
Sonic Corporation
7.90
Wendy's Arby's Group Inc.
4.12
Source: Google Finance
We alerted our members at 05:00 AM on 09/01/2010
As Summer rally fizzles
Bulls look at IPO's for Relief!
This summer has been the hottest on record, scorching heat waves left nothing for bulls to graze on. Gored by the bad employment numbers, declining consumer confidence their hopes further dashed by the grim economic out look by the Fed, which sent stocks into a tailspin.
This year IPO market has not been great either, with a few exceptions, majority of IPO's are getting priced at the lower end. Keeping that in mind, we focus on Two IPO's that are coming to the Market this week, these Two could reward handsomely for long term investors with huge appetite for risk.
-
MakeMyTrip - MMYT- is an India based online travel site with over 40% share of the domestic travel market, rising middle class and increasing online shopping trend will help this company retain its leading position in the near future. There are other lesser known domestic travel sites as well as the well known international sites like Expedia and Priceline that are aggressively competing for the market share. Our hunch is one of the International sites may decide to partner with or buy a stake in the company rather than build from the ground up.
-
Kanghui Holdings – KH – is a China based maker of orthopedic implants. There is a huge potential market for the aging and increasingly affluent Chinese population. Hip replacement and Knee replacement use to be a rare and true luxury for the ultra-rich few Chinese, who could afford to travel abroad or nearby Hong Kong or Singapore for such procedures. This company could be a huge beneficiary of the fast growing private health service sector.
source: The Company(s), OxBridgeResearch, PennyStockMonster, OTCking
category: IPO, Fed, Travel, Health, Chinese Stocks, Indian Stocks.
A20100812
Is any Charge left in ABAT ?
ABAT : Advanced Battery Technology
Advanced Battery Tech. ABAT is trading near its 52 WK lows, you rarely see any Revenue guidance these days, however, the management is so confident that they have given a full year guidance for 2010.
The company is expecting over $100 Million Dollars in revenues and their profit at around 30% the company could earn over $30 Million Dollars.
Banking on the Banking Sector
ACTI: ActivIdentity Corp
ActivIdentity Corp. ACTI stock is bouncing back after a sharp decline, The stock lost almost 50% of its value during the month of May. The company working along with Siemens was successful getting a contract with UK’s Police Agency.
Data Mining
JNGW: Jingwei International
Jingwei International JNGW saw a burst of activity in its stock in late afternoon trading, The stock jumped
Almost 80% on high volume before settling @ 50% gain for the day. The company has no news, one reason could be that the stock is trading now at over $5 Dollars which may attract additional interest from the institutional investors. The stock started trading on the NASDAQ just two weeks ago. It could test the $5 level unless there is some news from the company to justify such a huge jump.
Sources: The Company(s)
OxBridgeResearch.com
PennyStockMonster.com
Category:Small Cap, China Stocks
20100602
Housing Bubble made in China!
We know you could, doesn't mean you should
copy Everything we do!
China Housing and Land Development CHLN is near 52 wk lows amid worries that the Government of China is about to introduce Property Tax.
Chinese Real Estate prices have skyrocketed in recent years and the government is trying to Stop the Real Estate bubble before it gets out of control. The Government of China has already introduced higher reserve requirements to dry up liquidity.
Canadian Solar CSIQ is under the cloud!
A huge cloud is hanging over Canadian Solar CSIQ. Investigation from the SEC
And expected restatement of 2009 revenues sent the stock to almost 52 wk lows. In matter of just a few months, the company has lost a Billion Dollars in market cap.
Lets end the day on a positive note!
Jones Soda JSDA Keeps popping!
Jones Soda JSDA is up 80% today. The stock now up almost 300% since the deal with Walmart was announced, only a few days ago. The company has been around for about 25 years and its customer base mirrors the profile of a Walmart patrons.
Source: The Company(s)
OxBridgeResearch.com
PenneyStockMonster.com
EPA approved! Unique product Small Company comes to the rescue The Big BP BlowUp!
Fibertect, simple and unique technology, developed by Prof. S. Ramkumar of Texas Tech and manufactured by First Line Tech could save millions of Birds, Fish and Marine Mammals.
Its just heartbreaking to watch and feel so helpless, as a nation we could project our power in matter of minutes at remote corners of the Globe, yet we couldn’t close the damn hole. Plug the Damn Hole NOW!
EPA in its wisdom fast tracked and approved this product and could be in the hands of BP contractors and government agencies dealing with this unprecedented massive disaster.
Source: The Company Texas Tech OxBridgeResearch.com PennyStockMonster.com
ARQL: ArQule|summary|profile|OxBridgeResearch
ArQule, ARQL, soared more than 100% on huge volume, the company reported positive 2nd Phase results. This is a great news for the company that has been working on cancer research for number of years. The stock is now at near 52 WK high.
“We believe the treatment benefit observed in this trial would represent a meaningful clinical improvement over standard therapy if replicated in Phase 3 trials,” said Dr. Brian Schwartz, chief medical officer of ArQule.
The American Cancer Society’s estimates of the impact of lung cancer in the U.S. during 2009 include approximately 219,000 new cases (both non-small cell and small cell) and 159,000 deaths resulting from the disease, accounting for 28 percent of all cancer deaths. Lung cancer is the leading cause of cancer death among both men and women.
Source: The Company , OxBridgeResearch , PennyStockMonster , OTCking
Category: Biotech stocks, penny stocks, small caps, OTC stocks stock research
033110
Bubbles are part of Nature
Greenspan said it is hard to stop them,
And one Indiana Farmer agrees,
However, his neighbors say it stinks.
Tony is like thousands of Dairy Farmers around the country going through a hard time. Dairy Farmers are facing huge financial hardship for, not lack of milk, on the contrary, but surplus of it, and that’s the real problem.
Milk prices crashed due to huge glut in the market. The precipitous decline in Milk prices left many with no choice but to declare Bankruptcy, including Mr. Tony Goltstein, a farmer from Indiana.
Unfortunately, for Tony there is another bubble causing the huge problem and he came up with a unique way to stop it. However, his neighbors are alarmed and terrified with his formula, and even the city is preparing to mobilize its resources in case he goes forward with his bubble-popping plan.
Unlike the Real Estate Bubble or the Tech Bubble that you couldn't see therefore you couldn't prevent it, as Greenspan said, this one you could not only see but smell it real time.
Cows are good. They give us milk but they are notorious in generating lots of Manure. How much Manure Does a Cow generate? It's astonishing to know that it generates equal to the body weight of a mature adult each day (148LBS). That is a staggering more than 54,000 LBS a Year.
You see Tony stored all this Manure from hundreds of cows in a gigantic lagoon, on his 180-acre farm in Indiana. This lagoon is literally overflowing and has so much methane gas trapped inside that it is creating bubbles the size of a Victorian sized house; causing his neighbors to be terrified, for fear that it may cause a huge explosion any time.
Tony, however,is a confident and prudent man, he is a farmer after all, he is not a banker to come up with something like CDO's, CDL's or any such Three Letter self-enriching concoctions. Instead, he thinks he can pop this humongous bubble with a Swiss army knife. This simple solution, to what seems like a huge problem, is causing alarm, and may be its time to smell the roses instead of raising a stink.
Source: WSJ OxBridgeResearch PennyStockMonster OTCking
MF: MF Global|summary|profile|OxBridgeResearch
Former New Jersey governor Jon S. Corzine is returning to the business world as chairman and chief executive of MF Global Holdings Ltd.
Corzine was asked if he was interested in the job by J. Christopher Flowers, the investor whose private-equity firm J.C. Flowers & Co. maintains a stake of nearly 10% in MF Global as part of its 2008 restructuring. Simultaneous to his taking the CEO role at MF Global, Corzine also joined J.C. Flowers as an operating partner.
"We are gratified that the [MF Global] board enthusiastically accepted our recommendation," said a spokesman for the private-equity firm. "We are also very proud to have played a role in bringing Mr. Corzine back to the financial services arena."
MF Global shares jumped 8.6% to $7.95 in late trading after closing Tuesday at $7.32.
Source: The Company OxBridgeResearch PennyStockMonster OTCking
Category: penny stocks, small caps, OTC stocks, hot stocks, bank stocks
Major Stock Indexes after One Year
March 09, 09 Marked the lows for the major stock indexes.
For the past 12 months:
The Dow is up 4,017.33, or 61.4 percent.
The S&P is up 463.92, or 68.6 percent.
The Nasdaq is up 1,072.04, or 84.5 percent.
Financial companies led stocks higher Tuesday on the one-year anniversary of the market's hitting a 12-year low. The gain in bank stocks came as traders reacted to rumors that the government might prohibit the trades known as short sales in the stocks of companies it owns. Such a move would be aimed at preventing sharp drops in stocks including Citigroup Inc. and American International Group Inc.
The Dow Jones industrial average rose 11.86, or 0.1 percent, to 10,564.38.
The Standard & Poor's 500 index rose 1.95, or 0.2 percent, to 1,140.45.
The Nasdaq composite index rose 8.47, or 0.4 percent, to 2,340.68.
Source: AP, OxBridgeResearch, pennystockmonster.com, OTCking
IMF inflation target could boost stock prices!
Inflation Target 4% - IMF -
IMF economists, Giovanni Dell'Ariccia, Paolo Mauro and Blanchard says policy makers need to consider radically different approaches to deal with major banking crises, pandemics or terrorist attacks. In particular, the IMF paper suggests shooting for a higher-level inflation in "normal time in order to increase the room for monetary policy to react to such shocks." Central banks may want to target 4% inflation, rather than the 2% target that most central banks now try to achieve, the IMF paper says.
At a 4% inflation rate, Mr. Blanchard says, short-term interest rates in placid economies likely would be around 6% to 7%, giving central bankers far more room to cut rates before they get near zero, after which it is nearly impossible to cut short-term rates further.
"Now we realize that if we had a few hundred extra basis points"—a basis point is one-hundredth of a percentage point—"to rely on, that would have helped" fight the recent downturn, Mr. Blanchard says. "So it would have been good to start with a higher nominal rate. The only way to get there is higher inflation."
John Taylor, a Stanford University monetary-policy specialist who served in the Bush administration Treasury department, says that inflation could become hard to constrain if the target is raised. "If you say it's 4%, why not 5% or 6%?" Mr. Taylor said. "There's something that people understand about zero inflation."
The new paper, titled "Rethinking Macroeconomic Policy" also recommends that central banks use regulatory weaponry try to prick asset bubbles before they grow dangerously large. Relying exclusively on raising interest rates to do such work risks damage to the broader economy, an argument that Federal Reserve Chairman Ben Bernanke has made.
"If leverage appears excessive, regulatory capital ratios can be increased," the paper says. "To dampen housing prices, loan-to-value ratios can be decreased; to limit stock price increases, margin requirements can be increased."Mr. Blanchard says.
Source:IMF, WSJ, OBR
pennystockmonster.com
otcking.com
category: inflation, economy, monetary policy, small caps, penny stocks
Bernanke to tight credit
Fed policy shift is weighing on the Stock Market, Financial Sector is taking a big hit.
Federal Reserve Chairman Ben Bernanke will begin laying the groundwork for credit tightening later in the year, bringing to a close a period of historically low interest rates that have made it easier for ailing banks to book big profits.
Euro Zone members Greece, Portugal and Spain is affecting the global financial markets, analysts and bankers are not certain whether the European Central Bank will have to step in and bail these countries out. It looks like the uncertainty is not gonna go away any time soon, perhaps the UK debt may cause some turmoil in the Market as well.
http://oxbridgeresearch.com/
http://pennystockmonster.com
GNAU: General Automotive Company
General Automotive Company, GNAU.OB is a Florida based company that manufactures and supplies OEM – original equipment manufacturers- parts as
well as After Market parts for both the Domestic and International brands.
The company is planning to expand through acquiring small niche players in this huge multi-million dollar parts market. They recently announced plans to acquire S.P.E.C a privately held company based in Alabama.
http://www.google.com/finance?q=OTC%3AGNAU
http://www.generalautomotive.com/
http://pennystockmonster.com
Lift Gas could provide a lift to your portfolio
AlumiFuel Power (AFPW.OB) is displaying its 4th generation Hydrogen Generator which has been designed and developed from the feedback received from potential Military client(s).
The PBIS-1000 could generate 264 Gallons of Hydrogen in just 20 Minutes!
This is a 'Total Green' Technology with Civil and Defense applications. Potential customers include NASA, Department of Defense and the Weather Bureau.
The unit will be on display at The American Meteorological Society conference in Atlanta. The company has partnered with world class Manufacturer APEX and the World's Largest weather balloon distributor, Kaymont Consolidated.
2010 could be a pivotal year for this diversified alternative energy company with multiple product lines.[read more]
http://www.google.com/finance?q=OTC%3AAFPW
http://www.kaymont.com/
http://www.alumifuelpowerinc.com/
http://oxbridgeresearch.com/
http://pennystockmonster.com
http://digg.com/tech_news/Google_Faces_Lawsuit_in_China_Over_Book_Scanning
http://digg.com/tech_news/Visa_to_Help_create_next_google
http://digg.com/tech_news/MapQuest_Updates_Its_Maps_But_is_it_Too_Late
Sector 10 Inc SECI.OB is an Emergency Response Equipment company, providing cohesive solution to the disaster at hand through innovative Stationary Response Units (SRU) and Mobile Response Units (MRU).
SRU and SRU-Media provide pre-deployed resources as a way to save lives, avert injuries and reduce liability. These systems provide first responders and building occupants with first aid supplies, life saving equipment, occupant tracking through a real-time 3D interface, and emergency communications.
SRU-Media, in addition to the multiple benefits listed above, also offer messaging components to generate revenue channels during times of normal operations. SRU-Media include a flat screen video monitor that can be used for advertising, corporate branding and other messaging needs. The revenue model more than offsets the cost of the units and converts a non-revenue, must have device into a completely interactive revenue-generating product.
MRU's provide the modularity, mobility, customization, and personalization to first responders when they arrive at a disaster site effectively providing a "portable village" — a desperately needed safe environment for victims and emergency professionals so that lives can be saved. These Response Units offer shelter, utilities, comforts, supplies and equipment.
http://www.google.com/finance?q=OTC%3ASECI
http://pennystockmonster.com/index.htm
http://www.sector10inc.com/index.php
The New Venture Capitalist: Uncle Sam
When tiny Fisker Automotive Inc. hit a financing glitch last year, threatening its plan to build a fancy gasoline-electric hybrid car in Finland, it turned to the U.S. Department of Energy.
The DOE had a bolder idea. Why not also step up the company's plans to develop a less-expensive model, and assemble it in a closed U.S. auto plant?
Within months, Vice President Joe Biden, the former senator from Delaware, was helping lure the embryonic car company to a shuttered General Motors Co. factory four miles from his house in Wilmington, right across the tracks from Biden Park. Soon, Fisker Automotive, a two-year-old business that has yet to sell a car, won loans from the federal government totaling $528 million.
View Full Image
Bloomberg News
Fisker's new Karma model car, on display at the Los Angeles Auto Show earlier this month.
Fisker had joined a flock of other businesses seeking cash from the biggest venture capitalist of all, the U.S. government.
The DOE hopes to lend or give out more than $40 billion to businesses working on "clean technology," everything from electric cars and novel batteries to wind turbines and solar panels. In the first nine months of 2009, the DOE doled out $13 billion in loans and grants to such firms. By contrast, venture-capital firms -- which have long been the chief funders of fledgling tech firms, taking equity stakes in the start-ups that will pay off if they go public -- poured just $2.68 billion into the sector in that time, according to data tracker Cleantech Group.
Thus, while much attention has been focused on the federal government's involvement in banking, Washington also is gaining sway in another swath of the economy. By financing clean-tech ventures on a large scale, the government has become a kingmaker in one of technology's hottest sectors.
Some young companies are tailoring their business plans to win DOE cash. Private investors, meanwhile, are often pulling back, waiting to see which projects the government blesses. Success in winning federal funds can attract a flood of private capital, companies say, while conversely, bad luck in Washington can sour their chances with private investors. The result is an intertwining of public and private-sector interests in an arena where politics is never far from the surface.
More
In Delaware, "We had five individuals beating the band -- the three members of the [congressional] delegation, the governor and the vice president," said the state's chief of economic development, Alan Levin. "We had in the vice president a secret weapon, except there is nothing secret about Joe Biden."
A spokeswoman for Mr. Biden said he made no direct appeals to DOE on Fisker's behalf before the loan was approved, though he did talk to the company several times afterward to put in a plug for his home state.
At the DOE, Matthew Rogers, who helps oversee the department's loans, said proposals are vetted by "deal teams" insulated as much as possible from outside pressure. "Lots of people can call the [energy] secretary, but that doesn't mean that any of that necessarily flows down to the deal-team level," he said.
More than 40 auto-related companies have sought government money to build parts or vehicles, ranging from hybrid roadsters and delivery vans to all-electric three-wheelers that could go 120 miles on a charge. They are chasing $25 billion in federal low-interest loans for a sector that has attracted less than a tenth that much in venture capital over the past five years, according to Cleantech.
Courtesy:
http://wsj.com
http://OxBridgeResearch.com
http://PennyStockMonster.com
http://www.google.com/finance?q=NYSE%3AF
Wealth in America Report
Americans remain pessimistic about the economy and have little trust in Washington's economic leadership—despite $1.5 trillion in federal spending on stimulus and bailouts, a new CNBC "Wealth in America Report" finds.
There were a few glimmers of hope in the survey. Americans on average plan to spend more this holiday season and are slightly less negative about home prices, though the nation's overall economic mood remains foul.
Respondents to the survey expressed negative sentiments about the economy, stock market, housing values and wages. Many are also unhappy with the job elected officials, including President Barack Obama, are doing to get the economy back on track.
Among the survey’s findings:
-
Americans plan to increase their spending an average 10.5 percent this holiday compared to last year. But the gains are entirely driven by plans of the wealthy to spend more. Middle and low-income Americans plan to reduce their spending dramatically.
-
More than half of Americans want money paid back from TARP to go towards deficit reduction rather than new government stimulus.
Among the more optimistic findings:
-
Americans believe their home prices will decline by only 0.3 percent in the next year, down from a 1.6 percent decline expected a year ago.
-
The percentage of Americans rating the economy as poor has dropped to 60 percent from 70 percent.
-
The percentage of Americans who say they will reduce their holiday spending has dropped to 48 percent from 55 percent a year ago.
When it comes to investing, 46 percent of the respondents said they have money in the stock market (including mutual funds, IRAs, and 401ks), while 42 percent said they have no money invested in stocks. 41 percent believe this is a good time to be investing in the stock market, but 48 percent feel this is a bad time to be buying stocks.
http://www.cnbc.com
http://pennystockmonster.com
What stock gained 15000% yes Fifteen Thousand percent in a year?
It's not Gold, NO it's NOT Google? see what caffeine can do to you!
On October 20, 2008, just a little over year ago, NASDAQ sent a letter saying that for the thirty consecutive trading days preceding the date of the letter, the Company's common stock had not maintained a minimum market value of publicly held shares ("MVPHS") of $5 million, and as a result, the Company was not in compliance with the MVPHS requirement for continued listing on the NASDAQ Global Market as set forth in NASDAQ Marketplace Rule 4450(a)(2).
That company was DIEDRICH COFFEE, DDRX, now it is a $200 Million Dollar company.
A whopping 15 Thousand percent gain in a year. The stock was a penny stock trading at just $0.21 cents Today it hit all time of $33.77. Best Penny Stock EVER!!
By Jeff D. OPDYKE
When is a penny worth a million dollars?
When it's a 1795 reeded-edge U.S. penny, one of only seven known to exist. It recently sold for nearly $1.3 million at auction—the first time a one-cent coin has cracked the million-dollar price barrier.
The coins at the focus of today's activity have generally held their value or are rising, either because of their gold value or because of their rarity. A September auction of rare, large U.S. pennies from the late 18th century established world-record prices for one-cent coins, among them the penny that sold for nearly $1.3 million, including commissions—well in excess of presale estimates of about $250,000, says Ira Goldberg, co-owner of Beverly Hills,Calif -based Goldberg Coins & Collectibles
Behind the trend are collectors like Robert Beckwitt, a 51-year-old New York money manager. He renewed his childhood fascination with collectible coins a decade ago because coins were cheap. Today, his interest in high-grade coins reflects an investor's mindset.
In recent years Mr. Beckwitt has snapped up some of the finest examples of coins available, such as the highest-graded 1796 quarter, the first ever minted. Over the summer he grabbed for an undisclosed sum the finest-known 1797 half-dollar. "It wasn't cheap," he says. "But I love the history of these early coins."
Today's coin market is largely defined by high-end investors grabbing the rarest of coins that infrequently come up for sale; gold bugs snapping up gold coins; and speculators bidding up prices for coins whose grades they suspect are too low, in the hopes of securing a higher grade and selling them for more money.
NEEDHAM INITIATES SUNPOWER WITH “BUY”
Needham analyst Y. Edwin Mok this morning launched coverage of SunPower (SPWRA)with a Buy rating and a $36 price target.
“By taking a comprehensive approach in providing solar power solutions, we believe the company has developed several sustainable competitive advantages over the long run,” he writes.
“Despite having higher manufacturing costs than some of its competitors, we believe gross margins will remain stable due to SunPower’s strong pricing power and its cost reduction road map. With more operating leverage, we believe a recovery in [the second half] and strong growth in the U.S. market in 2010 will propel shares higher.”
BARCLAYS CAPITAL'S ANALYST GOES “NEUTRAL” FROM BUY
Barclays Capital analyst Vishal Shah
Formerly bullish on the group as a whole, Shah today reduced his sector rating on solar to Neutral. Shah says the Q2 weakness in solar company results represents a “secular, not seasonal decline.”
Pricing pressure, he contends, is intensifying. Shah says checks find Q4 module ASPs from Chinese companies could drop to $1.80/watt, worse than the $2/watt he had previously been expecting. “Given the overly optimistic demand outlook of most Chinese solar players and expectations of continued production ramps, we see additional downside risk to module pricing exiting 2009,” he adds. “More importantly, we expect 2010 module ASPs to decline by 25%-30%.”
At the same time, Shah warns that the supply/demand outlook is deteriorating, rather than improving. “We expect U.S. demand to pick-up at a slower pace relative to prior expectations and see potential downside risk to inflated demand expectations in China,” he writes. “Moreover, our updated supply outlook suggests that industry over-supply could persist in [the 2010 second half] until production capacity reductions occur at a rapid pace across the industry.”
For the Chinese solar stocks, he warns, earnings risk is to the downside. “Market share gains and not profitability is the motive for most Chinese solar companies - given the inflated opex/interest cost structures, operating break-even levels of of companies continue to increase and as such we expect companies to continue to produce even as overall profitability levels deteriorate.” As for the U.S. solar players, he says the outlook is “mixed at best,” given a pick-up which he thinks will be slower than expected.
Upgrades to Watch
MGM Mirage(MGM): Bernstein Research raises stock to market perform; $9 price target.
JPMorgan Chase(JPM): Deutsche Bank(DB) initiates stock with a buy rating and $48 price target.
Alcoa(AA): Merrill Lynch/Bank of America(BAC) raises estimates;. $10 price target.
Lorillard(LO): Citigroup(C) adds stock to "top picks" list.
Foster Wheeler(FWLT): Barclays Capital and Goldman Sachs(GS) both raise estimates; $34 and $29 price targets, respectively.
Devon Energy(DVN): Goldman Sachs raises estimates and target price to $76.
Discover Financial Services(DFS): Barclays Capital raises target to $14.
Freeport McMoran(FCX): Merrill Lynch/Bank of America raises stock to a buy; $87 price target.
Bing Time!
Microsoft's Off again and On again deal with Yahoo! is finally official. Analysts who follow these Two Companies and the Search Market closely think its a good deal for Microsoft, why its not such a good deal for Yahoo? see what some of the Top Analysts are saying:-
Laura Lederman, William Blair & Co.: having finally done a deal removes an overhang on Microsoft stock. Reiterates “outperform” rating, no change to estimates. The deal could help Microsoft gain some share in search over the next few years less painfully than it might have otherwise. Lederman notes Windows 7 is coming on October 22nd, and she expects it will be warmly received. Bottom line, Microsoft is a strong franchise and “highly cash-flow positive despite the economic slump.”
Sandeep Aggarwal, Collins Stewart: Calling yesterday’s deal “The Deal of the Century!” Aggarwal writes that pulling Yahoo! into a search deal was the most significant step it’s taken in the online world since it bought aQuantive in 2007. The deal becomes accretive to Microsoft earnings in the third year following the commencement of the deal. Aggarwal says the deal economics, which definitely favor Microsoft (no upfront payment to Yahoo!) show Ballmer et al. probably got the upper hand in negotiations with the introduction of Bing. Before the deal was announced, Aggarwal worked up some questions for Microsoft for today’s analyst confab, including When will PC shipments rise year over year, and is there any sign of stabilization among small and medium businesses, which were one of the big sore spots in last week’s disappointing earnings call. Aggarwal maintains a “Buy” rating on Microsoft and a $29 price target. As for Yahoo!, Aggarwal thinks yesterday’s sell-off is overdone, and he reiterates his “Buy” on Yahoo! while lowering his price target to $18.50 from $20.
Sid Parakh, McAdams Wright Regan: He likes the deal, particularly the “scale” it gives to Microsoft’s search ad business. The combined scale of the companies’ operations in search is more than the sum of the 10% and 20% Microsoft and Yahoo! search shares, respectively, in the U.S. Aggarwal estimates the deal adds $250 million a year in revenue for Microsoft, slightly higher than some of the $200 million/year estimates I’ve seen. Parakh reiterates his “Buy” rating and $28 price target on Microsoft.
Peter Misek, Canaccord Adams: Misek believes the deal is “a much needed relief for Microsoft” but it doesn’t solve Microsoft’s competitive disadvantage with Google. He hopes that the deal signals Microsoft’s willingness to take on Google by “thinking outside the box” and acting “non-linearly.” Misek reiterates his “Hold” rating on Google and his $24 price target.
William Morrison, ThinkEquity: Morrison reiterates an “Accumulate” rating on Yahoo! and lowers his price target to $17 from 18, writing that the economics are “broadly disappointing,” especially by limiting Yahoo!’s options in keyword search once it is locked into the deal. In particular, receiving a guarantee from Microsoft for “revenue per search” is not as good as receiving a guarantee for a fixed revenue amount. Moreover, he thinks Microsoft should have paid Yahoo! more than 100% of TAC, rather than 88% as the deal stipulates, given that the economics will get better for Microsoft as its scale in search increases with Yahoo!’s help.
Landburg Thalmann initiates TECH DATA at "BUY"
Tech Data (TECD) is up fractionally today following an initiation-of-coverage note from Ladenburg Thalmann analyst Nancy Hull, set a “Buy” rating and a $41 price target. Hull says the company has done an admirable job of controlling costs to increase profit despite tough times in the industry.
She also thinks a deal announced in March to distribute Dell (DELL) computers validates the importance of the company’s sales channel.
“Besides enhancing TECD’s customer base, the deal goes a long way in underscoring the benefits of the two-tier distribution model,” said Hull, referring to the combination of Dell’s direct sales with a reseller channel via Tech Data. “TECD’s relationship with Dell, which was once viewed as the poster child for the direct selling model, provides testimony to the benefits offered by the two-tier model, namely better customer coverage, improved logistical efficiency and shorter turnaround time.”
Hull believes TECD’s scale will be an advantage: It is the largest electronics distributor in Europe, and the second-largest in the North America. Hull doesn’t specify, but the largest distributor in North America is Ingram Micro (IM).
Hull says her $41 target represents an EV/Ebitda multiple of 7.3x her 2010 Ebitda estimate of $243 million.
Wedbush Morgan Raises SuccessFactors (SFSF) Target
Wedbush Morgan analyst Michael Nemeroff today raised his 2009 and 2010 estimates, and raised his price target on the stock to $13 from $11, writing that the company should outperform peers in the subscription software market. Nemeroff has an “Outperform” rating on the stock.
“We view the company to be well-positioned to continue to deliver industry leading organic growth rates and increase market share during the economic downturn,” writes Nemeroff.
He raised his estimate for this year from a net loss of 19 cents per share on sales of $146.8 million to a net loss of 5 cents per share on sales of $149.2 million. For 2010, he sees the company turning in profit of 7 cents per share on sales of $179.1 million, versus a prior expectation of 6 cents per share on $176.2 million.
“When the economy finally emerges from its protracted downturn,” observes Nemeroff, “we believe SuccessFactors will be an early cycle play on the recovery. We also believe that Employee Central, SuccessFactors’ newest product, will be well-received in the market based on our discussions with satisfied beta customers.”
Nemeroff’s $13 target represents an enterprise value-to-sales multiple of 3.5 times based on 2010 estimate.
Broad Market Rally led by Intel Goldman
The Dow Jones Industrial Average surged 256.72 points, or 3.1%, to 8616.21, helped by a 7.1% gain to $18.03 in component Intel. It was the blue chip average's biggest one-day point gain since March 23 and the fifth-biggest point gain this year.
Following Tuesday's close, Intel posted a net loss for the second-quarter, hurt by a fine imposed by the European Union, but its adjusted results exceeded analysts' expectations, and the chip giant said it expects strong revenue in 2009's third period.
As the second-quarter earnings season unfolds, many investors are looking for signs that banks and tech companies will help drive a broader economic recovery. Strong reports from Goldman Sachs Group and Intel have buoyed those hopes, suggesting that capital is flowing more freely and that companies are buying equipment as a first step toward ramping up production.
There's no question that when you get positive (earnings) guidance from a high-profile company like Intel, that's a very encouraging sign," said Ted Weisberg, of Seaport Securities in New York. But he added: "We're still viewing the rallies with some skepticism," in part because employment hasn't picked up to support consumer spending.
Among tech stocks, competing chip maker Advanced Micro Devices, which is due to report results next week, was up 8.5% to $3.85. The Philadelphia Stock Exchange's Semiconductor Index was up 4.4%. Google and International Business Machines, which are both due to report on Thursday, were up nearly 2.9% and 3.7%, respectively. Reports from technology firms Texas Instruments and Apple are due early next week.
As the market's gains piled up on Wednesday, the financial sector moved to the fore of the rally. The S&P 500 was up 3%, led by a 4.8% gain in its financial category. All the index's other sectors traded higher as well, including gains of more than 3% each in basic materials, energy and technology.
The tech-heavy Nasdaq Composite Index was up 3.5% to 1862 for its sixth straight day of gains, while the small-stock Russell 2000 rose 3.9%.
Credit-card issuers posted big gains after new data showed that delinquency rates fell throughout the industry in June. Capital One Financial was up 12%, American Express rose 12%, and Discover Financial Services was up 6.5%.
"Anytime you see signs that there's less pressure on the consumer, that's obviously going to help the market quite a bit," said trader Peter McCorry, of Keefe, Bruyette & Woods. But he added: "You still can't read too much of a trend here, considering that our volume is still too low," to confirm strong conviction among investors to keep the rally going.
Heading into the last hour of trading, NYSE Composite volume was about four billion shares. Advancers outnumbered decliners nine to one.
Banks due to report earnings later this week also posted strong gains, as investors' hopes for an industry-wide revival remained high following Tuesday's better-than-expected results from Goldman Sachs. Further helping the sector, investors welcomed the release of minutes from the Federal Reserve rate committee's June meeting, which showed that members believe the 18-month U.S. recession will end "before long."
Among those reporting quarterly results later this week, Bank of America gained 4% and J.P. Morgan Chase climbed 4.6%, while Citigroup added 8.2%.
Oil prices rose following new government data showing a draw down in U.S. inventories. Crude futures were up $2.23 at $61.75 a barrel in New York.
Courtesy: Wall Street Journal
Apple Defies Street Expectations
Defying the Street Expectations Apple (APPL ) says it has sold more than a Million units of New iPhone 3G S models. Beating Street estimates by as much as 50%. In addition the company said a whopping 6 Million users have downloaded the 3.0 software.
In another news Gilate Satellite Networks (GILT) reported to be in talks to buy a small WiMax equipment company AIRSPAN. AIRSPAN trades on the OTC (AIRN.PK) its Market Cap is around $5 Million Dollars. The company shares jumped 30% on the news and volume was up 100%.
Dell To Buy Palm? No Way, Says N.Y. Times
by Eric Savitz of Barrons
The New York Times late Friday swatted down last week’s rumors that Dell (DELL) might buy Palm(PALM).
The Times contends there is “no credible evidence, not even unsourced rumors,” that such a deal is going to happen. The item said that the combination has a “certain logic,” given Dell has handset business, while Palm just launched the Pre and the WebOS operating system to generally positive reviews.
But the Times adds that there “is something deeply wrong with the idea of Dell buying Palm,” which is that the two have “equally valid but diametrically opposed visions of the computer business.” Dell, the Times says, is built on the idea that a PC is a commodity. Palm takes the opposite view. (Like Apple.)
“For Dell to buy and profit from Palm, it would have to commit itself to being a software company first and foremost and to operate to maximize margin rather than maximizing volume,” the Times said in a blog post. “This is far more radical than its current attempts to add a bit of style to its line with fancy cases on commodity hardware, as it does with its Adamo line.”
The post theorizes that Palm might have a better fit with Hewlett-Packard (HPQ), asserting that “HP wants to be Apple, but it has the business of Dell.”
PALM today is off 62 cents, or 4.3%, to $13.96.
Standard & Poor's Publishes White Paper on Credit Rating Model
Standard & Poor's today published a white paper examining investors' needs and how various business models for credit rating firms could meet them.
The paper, titled "An Examination of How Investor Needs are Served by Various Ratings Business Models: Ensuring Analytical Independence and Freedom from Conflicts of Interest at Credit Rating Firms", examines the advantages and disadvantages of the issuer-fee, subscriber-fee and government utility business models for ratings firms.
Based on numerous meetings with all types of market participants, including investors, regulators, legislators, economist and commentators, S&P believes discussion of potential business models for rating firms should focus on the benefits all market participants would receive. In examining the benefits, six requirements have emerged as the key areas of focus when discussing ratings. The requirements are:
- Transparency,
- Prevention of Conflicts,
- Quality,
- Breath of coverage,
- Market scrutiny and
- Investor choice.
"We believe that there is room for several business models in the credit rating industry. Although each business model presents its own potential conflicts, we believe that appropriate regulatory oversight should allay concerns about conflicts of interest," said Deven Sharma, President of Standard & Poor's. "At the same time, we believe that it is vital for investors and issuers alike to have confidence in ratings and ratings agencies, and to have a range of options from which to select, according to their individual requirements."
The Purpose Of Ratings
Ratings exist first and foremost to provide investors with an independent view of creditworthiness and are one among many important tools for investors. Standard & Poor's constantly seeks to better understand the needs of investors where credit ratings are concerned. In recent months we have met with a range of institutional and individual investors, hedge funds, pension funds, policymakers, and regulators, and we asked them: "What do investors want from ratings firms?" In addition to wanting analytical independence, they are nearly unanimous in their desire for the following six requirements:
- Transparent and efficient markets, whereby all public ratings are available to all investors, large and small, without charge and at the same time.
- A process for arriving at ratings opinions that is free from conflicts of interest and independent of issuers, investors, and governments through regulated oversight of policies, processes, and procedures and robust competition.
- High-quality ratings based on sound, consistently applied methodologies that take into account real-world trends.
- Broad and consistent coverage of a wide range of securities and asset classes to facilitate access to capital across multiple regions and by new or smaller enterprises.
- Ongoing scrutiny to ensure that a rated security will be surveilled over time and upgraded or downgraded if appropriate and in a timely manner.
- Freedom to choose rating opinions from multiple sources, along with additional benchmarks addressing issues besides the likelihood of default.
With these requirements as background, Standard & Poor's has examined the advantages and disadvantages of several business models:
- The Subscriber-Fee Model, in which certain investors such as hedge funds and financial companies would contract and pay for ratings reports and receive them on a nonpublic, proprietary basis.
- The Government Utility Model, in which a ratings organization is run or directed by a government and may be funded by investors, subscribers, or a public tax on issuance or outstanding debt. This tax or fee pool would then be subdivided and assigned to ratings firms performing credit analysis on specific issues and issuers.
- The Issuer-Fee Model, in which the issuer organizations pay fees to a rating firm as part of the process of issuing a security in the marketplace.
We have found that each model brings with it distinct advantages and disadvantages, and that all three models have to manage potential conflicts of interest, as one would expect. The key is to be aware of these pressures and to have regulations and procedures in place that preserve the integrity of ratings in a manner similar to the way in which other sectors have addressed conflicts. Newspapers, for example, may sell advertising space to the same people and organizations about whom they report -- in much the same way that some rating organizations receive fees from the issuers whose credit instruments they rate.
There is a natural tension between the interests of subscribers (who are mostly investors) versus those of issuers. Generally, subscribers, such as hedge funds and large financial institutions, might prefer lower initial ratings on high-quality securities to improve their returns, while issuers prefer high ratings to reduce financing costs. It is not for the rating firm to take sides but rather to provide an unbiased opinion of the likelihood that an obligation will be repaid on time and in full.
With the expressed interests of investors in mind, this paper will examine the three business models and assess how well they foster these goals in the marketplace. For ease of reading, we have summarized and prioritized the top investor goals as:
- Transparency;
- Prevention of Conflicts;
- Quality;
- Coverage;
- Scrutiny; and
- Choice.
* * * * * * * * *
It took just a year to DESTROY 50% of the World's Wealth!!!
NEW YORK (Reuters) - Private equity company Blackstone Group LP (BX.N) CEO Stephen Schwarzman said on Tuesday that up to 45 percent of the world's wealth has been destroyed by the global credit crisis.
"Between 40 and 45 percent of the world's wealth has been destroyed in little less than a year and a half," Schwarzman told an audience at the Japan Society. "This is absolutely unprecedented in our lifetime."
But the U.S. government is committed to the preservation of financial institutions, he said, and will do whatever it takes to restart the economy.
U.S. Treasury Secretary Timothy Geithner plans to unfreeze credit markets through a new program that will combine public and private capital in a fund that would buy bank toxic assets of up to $1 trillion.
"In all likelihood, that will have the private sector buy troubled assets to clean the banks out in terms of providing leverage ... so that we can get more money back into the banking system," Schwarzman said.
He expects the private sector to end up making "some good money doing that," but added there were complex issues on how to price toxic assets.
He put part of the blame for the financial crisis to credit rating agencies.
"What's pretty clear is that, if you were looking for one culprit out of the many, many, many culprits, you have to point your finger at the rating agencies," he said.
Rating companies have been the focus of intense criticism for their role in granting top "AAA" ratings for complex bonds that later plummeted in value, resulting in subsequent rating cuts, in many cases to junk status.
"Once you bought into ... the Triple A paper and it turned out to be paper that was in many situations going to end up defaulting, then you really had the makings of a global problem," he said.
Schwarzman said problems were then exacerbated by mark-to- market accounting rules. Those rules ask banks and other financial institutions to price assets at a value related to how they would be sold in the open market.
Blackstone reported a quarterly loss in February after writing down the value of its portfolio and eliminated its fourth-quarter dividend.
Asked where was a good place to invest, Schwarzman said it made sense to buy cyclical names, which are less exposed to the economic cycles.
He said investors also may find value in debt products, including "senior layers of certain securitizations," where investors can see 15 percent to 20 percent returns, he said.
Geographically, he said there were "pockets of strength" in China, which is committed to getting to an 8 percent growth level, and in India, where the economy is slowing but banks are in good shape.
* * * * *
NEW YORK -(Dow Jones)- The government's new blueprint for bailing out crippled banks has investors thinking twice about sinking money into a sector once known for its steady returns and value. For weeks, investors expected the government to simply take a larger stake in Citigroup Inc. (C) and dilute common shareholders. But, the decision to stop paying dividends on most of the bank's preferred shares caught many by surprise. Suddenly, bank preferred shares have lost their aura of safety. Investors complain that the latest rescue of Citigroup represents yet another shift in the government's strategy. "We all thought we had the game plan from the government just a couple days ago," said Anton Schutz, manager of the Burnham Financial Services Fund. "As portfolio managers, we can't do our job because they keep changing the rules." Over the past year, the government has taken an ad-hoc approach to dealing with teetering financial firms. Bear Stearns was folded into JPMorgan Chase & Co. (JPM) with government assistance; Lehman Brothers was allowed to simply fail; and American International Group Inc. (AIG) is now struggling to repay the $150 billion in government loans. Shares of financial companies plunged after the Treasury Department announced it is willing to convert up to $25 billion of its preferred holdings in Citgroup into riskier common stock. That conversion is contingent upon other preferred stock investors also converting. Citigroup said it will offer to convert nearly $27.5 billion in preferred stock sold to private investors and the public; in total, existing shareholders' stake could be cut to 26% of the company's stock. Preferred shareholders like pension funds, sovereign wealth funds, and even big individual investors like former Citi Chairman Sanford Weill, do have a choice. Should investors choose not to convert their preferred shares to common stock, they are left to hope and pray that Citi will someday return to paying preferred dividends. (One type of preferred shares, so-called trust preferreds, will continue to pay dividends, and various classes of TruPs were trading between 20% and 66% higher in recent Friday trading, according to FactSet Research.) Analysts say few investors are expected to hold on to their preferred shares. And, that has caused shareholders - both common and higher classes - to become much more wary about the banks that they have holdings in. "The cost of doing this with one bank is that it makes shareholders at other banks nervous," said Campbell Harvey, professor of finance at Duke University's Fuqua School of Business. The Treasury Department's latest bid to quell fears about Citigroup had a punishing effect on its stock, which fell to an 18-year low. Wall Street was also worried about the chances other banks might be subject to similar federal intervention. Shares of Bank of America Corp. (BAC) fell 15.8% to $4.48 in midday trading. Analysts have said the bank, which has received massive federal aid, might be another weak link in the ailing financial system. Wells Fargo & Co. (WFC) fell 6.9% to $13.40 and Fifth Third Bancorp dropped (FITB) 7.4% to $2.12. Meanwhile, banks seen as not needing government intervention - like JPMorgan, Goldman Sachs Group Inc. (GS) and Morgan Stanley (MS) - were down less sharply. "We know that the banking system is going to be smaller and simpler, we know that the regulatory environment is going to be harsher," said Jack Ablin, chief investment officer at Harris Private Bank. "Based on the cards being dealt right now, I'm not sure there's a hand to be had investing in banks." -By Joe Bel Bruno, Dow Jones Newswires; 201-938-4047;
This e-mail address is being protected from spambots. You need JavaScript enabled to view it
-By Marshall Eckblad, Dow Jones Newswires; 201-938-4306;
This e-mail address is being protected from spambots. You need JavaScript enabled to view it
; -By Jessica Papini, Dow Jones Newswires; 201-938-2437;
This e-mail address is being protected from spambots. You need JavaScript enabled to view it
|