Here's a statement of the obvious: The opinions expressed here are those of the participants, not those of the Mutual Fund Observer. We cannot vouch for the accuracy or appropriateness of any of it, though we do encourage civility and good humor.
@BaluBalu: Per SCOTUS ruling many years ago, corporations are considered people, so whatever they 'say' (or cause to be put out there on their platforms) can be considered their 'freedom of expression.'
The bigger problem is that in recent years,…
Rick, so, it comes down to lack of consequences. The more hacks happen, it seems to give permission to others to spend less time, money, and energy on cybersecurity.
Same issue with misinformation perpetuated by social media companies. Lack of co…
With so many breaches, if a co did not have a breach, it should really feels left out / unimportant. What is the reason for cybersecurity firms or HACK to exist?
Do only companies that have top trade secrets or companies with social security numbe…
A good preventive that would help protect customers from fraud resulting from data breaches would be for the credit 'agencies' to lock all customer records by default to make it harder for criminals to open accounts in their name.
Unfortunately, l…
Reminds me of the 'gold rush' companies used to do when reserving domain names for products/services ... they'd buy them in a ton of countries/TLDs and various permutations of them to protect against typosquatting. Now many will also buy "--sucks"…
Experts are warning that a recent contract to supply Oklahoma’s Department of Education with an estimated 55,000 bibles might actually represent a breach of state law. That’s after the contract’s exacting specifications came to light—and they only r…
BaluBalu: Interesting, albeit new, fund! I'll track it over time, but it might have a place for people. Another one to consider are the Capital Group ETFs (CGDV, CGGO, etc) which are also fairly concentrated. BBLU is another one, too.
It would be nicer if this was a fund that was concentrated into, 25-30, holdings. A bunch of 1-2% allocations not only doesn't move the needle but feels like dart-throwing vs conviction buying.
Interesting they call it Livermore (implying Jesse, …
@rforno: I have a friend in Paris who works at TTE. I’ll pass along the next tip he gives me, but I’ll need a secure channel.
I appreciate the offer but Blue Horseshoe is doing just fine on his own!
@rforno: I noticed that M* has a recent blurb on APA in a discussion of undervaluations in the energy sector. I could not track down TTL under that symbol. Is it Total or another energy company? Thanks.
Sorry, I meant TTE not TTL ... Total Energie,…
Bought 1000s APA for an anticipated long-term position based on developments in their 50-50 partnership with TTL in Suriname that is getting FID tomorrow, plus they have some interesting smaller activities around the world. They're also small enoug…
From Heather Cox Richardson today:
"Trump might also be concerned about money. After recently putting commemorative coins on the market, today he advertised Trump watches at prices from $499 to $100,000, although the fine print specified that the w…
What are these foolish customers thinking? A one-time fraudulent deposit followed by a large withdrawal is not only traceable, but may block the account.
Speaking as someone whose career involved thinking like a criminal / terrorist / bad guy whil…
Down 10% today and now $12.15 in today's AH trading..... it's still $12 over-valued, imho.
For context, today's volume was ~19.2m shares, the average is ~9m.
Guess he knows his TS stock is a joke, b/c this morning he started hawking collectible 'Trump Coins' to his flock in what can only be described as a very weak and emotionless internet video.
As of Market Close today-
DJIA: +0.23%
S&P 500: -0.21%
S&P Mid Cap 400: -0.59%
Technology: +3.22%
DJT: $13.55 -7.82%
65 Day Avg Volume: 9,070,905
Volume Today: Over 18,000,000
"People come up to me at rallies with tears in the…
Speaking of "polls": As of 11:15 PST-
DJIA 0.22%
S&P Mid Cap 400 1.25%
Technology 0.16%
DJT: $15.65 -3.62%
So. Much. Winning!
He desperately wants it to stay above (IIRC) 12-and-change so he can sell at some point....
https://www.bloomberg.com/news/articles/2024-09-17/trump-pledges-to-restore-salt-write-off-the-tax-break-he-curbed
Behind a paywall but you get the idea.
This is becoming like an Oprah show - everyone gets a tax break. Let us abolish taxes.
In …
It used to be that computer-generated ratings were flagged by Q-symbols. Morningstar generates genuine analyst ratings for about 15-20% of the fund universe it covers. Now there is additional work as each fund class has its own analyst rating (not j…
"Medalist Ratings Not Assigned by Analysts " = "In AI We Trust"
Hard pass for this wizened investor. (Not that I ever put huge faith in analyst 'ratings' by anyone.)
Sold SR/A (now callable) a few cents under par. The cap gains received are a years' worth of dividends and I can move the money into other opportunities.
Here's a writeup of his latest crypto scheme....
https://www.coindesk.com/business/2024/09/04/in-trump-backed-crypto-project-insiders-are-poised-for-unusually-big-paydays/
Trump fancies himself a master builder so I guess he’s staying true to form…
He claims he does not need the money. Right?
Yeah, he "claims" a lot of things.
If he didn't need the money in 2016 or 2020 or 2024, he's sure doing a lot of grifting for dollars. Maybe it's true that he doesn't NEED money, it's just that he'…
Up on high volume and questionable "news". Mini short-squeeze as a result?
Based on his ability to stack up lies without any fear of repercussions, I would take any such statements lightly.
And now he's bleating that NASDAQ halted trading in …
And I thought going through the target’s trash was the way to get the dirt. Thanks @rforno. I believe the Times reported on this study as well.
Trashing is sooooo last century. LOL
BBG: "Donald Trump says he doesn’t want to sell his Trump Media & Technology Group Corp. shares and that he doesn’t need the money, in remarks at a press conference."
Uh huh. He's probably hoping that statement can stave off disaster for juuuu…
Two thoughts ...
How long before companies/people invoke Chevron in cases involving SEC/CFTC/FDIC to overturn regulations that protect markets and investors?
How long before deep-pocketed players who are more ego than brain (Ackman, Musk, other ol…
Interesting thread. 7 pages long, and as far as I can tell, nobody is either long or short the stock.
Not surprising at all -- especially in this group. There's too much risk either way. If you're long, you are losing money. If you are short, you …
The significant DJT decline is incongruous with Trump's debate performance.
The stock's namesake provided his expert assessment of the debate:
"This was my best debate.
We had a 92% rating in one poll, we had an 86% rating in another, we had 77% in …
Per Barrons this post-debate morning....
Shares in the Truth Social parent company, which trade under the ticker DJT, were down over 17% to $15.43 in the Wednesday premarket–its lowest price since the merger with the shell company Digital World Acq…
What I meant was that the ratings agencies might have a hometown bias for "their own kind (financials)".
Ah, ok. Yeah probably you're right. I bet they see the amount of debt utes rack up in the normal course of business and that hurts them on th…
Nothing against Duke as a company - I'd rather buy a note from them than a Wall Street company.
Senior unsecured Duke notes are rated Baa2 (Moody's) and BBB (S&P); current Goldman Sachs new issues (Fidelity listing) are rated A2 (Moody's) and B…
I'd be hesitant to go into floating-rate anything right now given that rates are due to go down....but that .25 'bonus' on the note might keep you ahead of (or at least at-par) with rate cuts. And for me, right now I'd prefer something more tax adv…
DJT closed at $16.98 per share, down another 6% today, Wednesday Sept 4. It's obvious that Biden and the Democrats HAVE RIGGED THE STOCK MARKET TOO !!!!!
It's still $15.98 overpriced though....
(I'll give $1 of value in their share price to reflect…
CNBC this evening: "DJT shares dropped to $17.89 per share around midday Tuesday, The stock’s prior low was set on Aug. 28, when it hit $19.38 per share. The stock price was down roughly 77% from its high of $79.38 per share on March 26, following …
There’s ALOT riding on this fridays jobs report. As long as the numbers are over 125k, things should be okay. If they fall below 100k we are in deep doo-doo!
There's ALWAYS 'a lot' riding on the jobs report, CPI, PCE, PCM, CPI, ISM, etc.....and it…
