Examining a few under 2 that are either displaying news and/or movement.
Recall discussions on LFVN strong earnings in midday newsletter at www.greenbackers.com …..sluggish rebuilding as day progresses…
CHGI like the risk/reward back in lower .90s…..Continues to flex…Recall very strong earnings in most recent qtr…..There was some disappointment it didn’t hold a buck as we anticipated earlier in Sept, but has displayed ongoing support around .90 intermediate term…….Honestly think official press release on plant opening is going to spark 10% plus or so pop….recall popped to 1.25 on headline below back in August.
China Carbon Graphite Group to Open New Facility With 30,000 Ton Annual CapacityGlobeNewswire(Thu, Aug 4)
…..today announced that operations at its new facility, which includes baking and dipping plants, will commence later this month and become fully operational by September 2011….
China Carbon has already completed installations at the facility as well as testing at the baking plant. The baking plant will go online later this month and testing at the extrusion press plant will be finished by September 2011 with operations beginning shortly thereafter, according to the Company’s management team. Once the facility is completely up and running, China Carbon anticipates that it will have an annual production capacity of 30,000 tons, which would double the Company’s current annual production capacity. With its expansion efforts, China Carbon looks to better position itself to meet the growing demand the Company is seeing for its higher margin products.
When compared to the first quarter of 2010, the Company’s sales more than doubled in the first quarter of 2011, with 80 percent of its revenues coming from sales of its higher margin products
VELA rebuilding again…..some facebook discussions on expanding stores/kiosks opening weekly…Reminder initial pre-subscriptions were over 7000…the forecast was only 2000…….Continue to target .18 initially
10 Reasons Why VelaTel Global Communications is the World’s Most Undervalued 4G CompanyMarketwire(Thu, Sep 22)
Not sure what’s causing IROG breakdown other then gold dropping, but have on the rear view mirror for potential volatility…Has proven it’s self consistently back to .015 / for channeling .0095 – .018
IROG.OB11:17am EDT0.0105 0.0025 19.23%624,200
Volume:624,200Avg Vol (3m):516,478Market Cap:915.59K
Ironwood Gold Corp., an exploration stage company, engages in the acquisition, exploration, and development of mineral properties. It primarily explores for properties containing gold deposits. The company owns interests in the Cobalt Canyon project, which covers 696 acres comprising 54 unpatented mining claims and 3 patented claims located in Lincoln County; and in the Haystack gold mine project encompassing 60 federal mining claims of the Solo group covering 1,110 acres located in Pershing County in Nevada. It also holds joint venture interests in the Rock Creek project covering 1,640 acres located in the prolific Carlin Trend of Nevada.
9:34 AM EDT MFON1.30 -0.25The Orlando Magic Select CommerceTel and Txtstation as Their Mobile Technology Partner – Marketwire 09/29/11
9:26 AM EDT Bio-Solutions Corp. Acquires Type 2 Defense Diabetes Supplement Beverage – Marketwire
We continue to watch footing at .07 with WAMUQ
And POTG at .20
POTG.PK11:30AM 0.2070 0.0030 1.43%5,700,399
VCLD update following earnings…..Recall recent turnaround from .02
S ongoing support at 3…..we last mentioned in 3.30 range over a week ago..mentioned earlier in Sept as acting up some…
3.23 0.14 (4.71%) 12:29PM EDT
.3.13 0.05 (1.46%) 11:22AM EDT
Sprint’s 4G LTE Network To Go Live Next Year? by TechCrunch
Silver’s Tumble: A Buying Opportunity?
- Why Did Silver Drop So Much? by Kevin McElroy
Jeff MackeScrew the Huffington Post Top Story
There I was, just being America’s Sweetheart and minding my own business when BAM, some random guy starts picking a fight. My life isn’t all head-waxings and make-up, people.
Investors Deserve Better From Yahoo’s Breakout
Investors Deserve Better From Yahoo’s Breakout
Posted: 9/27/11 08:08 PM ET
Senior Vice President, Index Funds Advisors; New York Times Bestselling Author
I don’t mean to pick on Jeff Macke. His daily videos on Yahoo’s Breakout are no worse than what passes for financial journalism in much of the media. Recently, I took Mr. Macke to task for advising investors to engage in the discredited notion of market timing. That got me an invitation from his producer to appear on his show where we could debate “this controversial topic.” I declined, but offered to debate him in any impartial forum. No response.
The perils of market timing are not controversial for anyone who is familiar with the data. Only brokers and actively managed mutual funds tout their expertise in predicting random and unpredictable markets. There really is nothing to debate.
I thought nothing could be worse advice for investors than Mr. Macke’s call to time the markets. Unfortunately, I was wrong. Previously, Mr. Macke invited Simon Baker to give his views on buy and hold investing. Mr. Baker, a hedge fund manager, believes John Bogle, the founder of Vanguard, is a remnant of the past. Baker believes buy and hold is “a relic of a bygone era when the economy was stable and consistent growth was the norm.”
In its place, Baker suggests retaining his firm to manage your assets. He believes he has the ability to tell you when to jump in and out of the markets. He isn’t afraid to tell his clients to go to cash when necessary. How does he do this? It’s simple. He uses the “Blue Buy” indicator. “Blue Buys” are apparently triggered when 90 percent of the basket of 4,000 stocks his firm follows are below their 15-week moving average. They are not there yet, but Baker advises investors to “get their checkbooks ready.”
Sadly, some investors will find this compelling and follow his advice. If the “blue buy” signal was so clear and easy to implement, perhaps Baker could explain why 65 percent of active fund managers fail to beat their benchmark in any one year, and 95 percent fail to do so over a ten year period. Surely, these well-compensated fund managers from top business schools are capable of running a “blue buy” analysis of their own.
Mr. Baker runs a hedge fund. Apparently, his fund has done well recently, but what about his fellow hedge fund managers? A study (PDF) by Burton G. Malikel and Atanu Saha found that every major category of hedge fund (eleven categories) on average failed to provide a higher risk-adjusted return than the S&P 500 from 1995 to 2003. Only emerging markets provided a higher unadjusted return than the S&P 500. Were these sophisticated hedge fund managers unaware of the “blue buy” calculation?
Buying and holding a globally diversified portfolio of low management fee stock and bond index funds in a suitable asset allocation has served investors well for the past 83 years, including the past decade. Depending on the amount of exposure to stocks, those who followed this strategy had annualized returns ranging from 4.5 percent to 9.2 percent for the misnamed “lost decade.” The decade was “lost” only to those who had 100 percent of their assets invested in the S&P index. If you were one of these investors, you should “lose” your broker or advisor.
Mr. Baker may have made some lucky calls, and Mr. Macke may be eager to anoint him as the next stock guru. Don’t be fooled. We have seen it before with many others, whose subsequent returns placed them in the same dust bin to which Mr. Baker wrongly assigns John Bogle.
Yahoo’s Breakout could be a powerful vehicle for information that would empower investors, by providing sound investing advice, supported by reams of academic data. Instead, it is yet another example of financial pornography that is a forum for self-appointed investment savants, peddling luck as skill.
Mr. Macke’s audience deserves better.