Happy late morning mi amors!
Today your Senorita is eyeing TIVU ( Tivus Inc. ). There’s a lot of buying volume hitting this roachy POS today, and there’s a nice white bullish candle forming on the daily chart. It also broke it’s resistance around the .04 range, and it is now tackling it’s resistance at .05.
This stock that provides internet and cable to hotel chains looks like it could be a nice multiday popper if the buying volume continues into late day trading, and we all know what that means. It could possibly be a morning GAPPA.
Wooo, we love those don’t we? Just place your buy and BAM profits in the morning.
So load this slippery turd onto your watchlists, and show me the money!
Senorita “I gotsta get paid” Roachita
Happy Monday roachitos!
It's time to kick this week off with a very interesting company that I was lucky enough to stumble across.
Papa's been creeping around PFVR's (Explore Anywhere Holding Corp.) dumpsters, and things are looking mucho cucaracho over there.
I know that you are all wondering what made PFVR stand out amongst all the other stinky pinkies, and I'll tell you why it caught my eye. It's the increase in internet harassment, otherwise known as cyber-bullying.
So what exactly constitutes cyber-bullying? Well here's one example of a very tragic case of internet harassment. I am sure that we have all heard of Phoebe Prince, a 15 year old High School student that committed suicide after a very nasty group of fellow students made her life a living hell through Facebook.
"Come on Papa Roach, we all went through some teasing during our high school years, its builds character!"
Well my doubters, did any of your fellow students commit suicide because of a few unkind words? I highly doubt that.
Here's a recent article in the NY Metro paper about cyber-bullying, and it's a real eye opener that will blow your mind as to just how prevalent and downright horrendous cyber-bullying truly is. Click this link to read the article.
I hope you my loyal followers are enjoying your weekend.
While you relax with your friends and loved ones, we at the roach den are working hard to bring you something fresh and hot off the press.
I went exploring deep into the pinksheet jungle and battled snakes, savages and many other things that would like to eat a roach like me for lunch just to bring you all a hidden gem.
Success! I have returned with a treasure!
Oh wait, that was just a game of Pitfall I was playing.
Speaking of pitfalls, the internet is a shady place full of unsavory characters (yours truly excluded of course), it’s so shady that people are pouring billions of dollars into the internet security industry to keep themselves and their little ones safe during their adventures on the internet.
Now, excuse me while I go play some World of Warcraft, and be sure to open your inboxes, or be at the roach den at 9:30am sharp. We’re not holding the train for you.
The nation’s finance minister told in a newspaper interview on Monday that stretching out Greece’s bailout loan repayment shall aid in debt repairing but there is no official proposal on the table yet, to prolong it further to 30 years. On Friday euro zone sources told that European Union officials are considering extending its euro zone bailout loans to Greece and Ireland to 30 years in a bid to chalk out a line under the bloc’s debt crisis.
The sources mentioned that European Central Bank Governing Council member Axel Weber, who is head of Germany’s Bundesbank, had recommended extending out the maturities from three years for Greece and seven for Ireland as a part of a complete package to overcome the period of crisis.
Greece was among the first country to receive a 110 billion euro EU/IMF bailout last May, and Ireland also received 80 billion euros in form of emergency loans in the period of December on accounts of enormous expenses met in course of rescuing its devastated banking industry. Mounting concerns that Greece’s debt loans projected to reach 158 percent of GDP in 2013, shall be too tough to handle and may result in some sort of restructuring, have lead in keeping the yield spreads over Greek government bonds against German bunds at higher levels of above 800 basis points.
Finance Minister, George Papaconstantinou remarked that widening the repayment period of the bailout loan, already approved by the euro zone nations, would help Greece to better its debt repayments. The emergency funding stands at around one third of the nation’s projected total remaining debt in 2013. The Ireland Labor party, who is most likely to connect to a new coalition post the elections, within the course of a month, reported on Sunday that EU should consider lending Ireland an extra year, until 2016, to take its budget deficit levels down to 3 percent of its GDP limit.
The aircraft manufacturer Boeing has been successful in winning a profitable contract to provide United States with 179 aerial refueling tankers. Boeing and European competitor EADS has been contending each other for nearly a decade for the $35bn US Air Force contract. During that time period both the US and European Union has reported each other’s actions to the World Trade Organization, on grounds of illegitimate subsidies. And in the past decade two earlier attempts to select a contractor have also resulted in vain.
The USAF is switching its present fleet of KC-135 Stratotankers, some of which dates back as early as 1950’s. Now, EADS has approximately 10 days to file for a complaint with the Government Accountability Office or GAO, the part of the Congress whose main responsibility is to deal with federal contract disagreements, should it object to the pronouncement.
The GAO would then be required to arrive to a conclusion within 100 days’ time. If this stands out to be successful, then it spells good news for the states of Washington and Kansas, where the majority part of the tanker work shall be done.
A lengthy procedure:
Boeing as well as EADS, both the companies have been providing alternatives on its current twin-engined passenger jets, the Boeing 767 and the Airbus A330 respectively. One of its original plans was clashed in 2004. Amounting to nearly $23.5bn, it would have witnessed the air force lease and then purchase 100 modified Boeing 767’s as tankers.
Then in early 2008 EADS in partnership with Northrop Grumman Corp was successful in attaining a 179 plane deal. But unfortunately, it was void after government auditors upheld parts of protests by Boeing. During last year Northrop came out of the partnership, thus leaving EADS to bid alone.
The governors of Alabama, Mississippi, and Louisiana had supported EADS’ bid, as it was able to comprehend that the European firm would have manufactured its tankers in Mobile, Alabama.
Deutsche Bank employees influenced South Korea’s stock market in the earlier year, as stated by the financial regulators. As a result, it has been prohibited from trading certain securities and derivatives, and regulators have urged for staff to be sued. The Financial Services Commission initiated an enquiry after the KOSPI index dropped 2.8% in the last ten minutes of trade on 11 November. Deutsche Bank reported that it was unsatisfied with the outcomes.
The bank was examined by the regulators since they claimed the company’s employees made illegitimate revenues by manipulating the stock market. The regulators even stated that the Deutsche Bank staffs pushed through $2.2bn worth of trades during the last ten minutes of opening time on Korean’s major KOSPI stock index.
According to the regulators, the Deutsche Bank staffs have established large positions in company’s derivatives that permitted them to influence the market when they were suddenly sold. It states that due to the trading the workers were able to reap profits of around 44.9bn approximately. It also asserts that the manipulation was done in association with staffs of Deutsche Bank’s Hong Kong operation. Regulators now intend to prosecute five of the Deutsche bank workers, who are employed in the company’s Hong Kong, New York, and Seoul offices. However they did not mention the names of their staff.
Deutsche Bank expressed remorse with regards to the penalties and the referral of its workers and also the South Korean unit to the prosecutors. However, it remarked that it shall still continue to co-operate with the South Korean authorities.
In a statement it clearly remarked that Deutsche Bank shall continue to offer all kind of help with the Korean authorities with regards to the inquiries in this subject. It also added that Deutsche Securities Korea is repentant of the sanctions incorporated by the Financial Services Corporation and also the referrals of DSK and staffs are very remorseful.
Barclays’ takeover of much of Lehman Brothers’ US operations in 2008 was imperfect but reasonable, as stated by a judge in New York. Lehman had sued Barclays for $11bn in respect to damages, proclaiming the bank was offered special treatment. Though the judge pronounced the sale procedures were deficient, it was still substantial under the circumstances. Barclays had purchased Lehman’s US operations during the peak of a credit crunch in September 2008.
Preventing forces of calamity:
Lehman decided to sell its US investment banking and its broken arm for $1.85bn five days later it had filed for Chapter 11 bankruptcy protection. That, coupled with the fact Lehman was the topmost profile bank to be allowed to fail, was one of the major events of the worldwide crisis.
Lehman’s bankruptcy estate had anticipated to accumulate a sum of $11bn”windfall” payments from Barclays. However, US Bankruptcy Judge, James Peck stated that while the historical deal was not without imperfections it was thorough overall. He further remarked that though the process covering its sales had not been perfect, but it was still complete under the exceptional circumstances of Lehman Week. This deal had been viewed by many as very important for keeping the international banking system active.
Judge Peck said that there was a correct insight at the time the sale mitigated systems risks and helped prevent an even bigger economic catastrophe. He even said that there was no better substitute to the sale, which prevented a potentially devastating piecemeal liquidation and secured several thousands of employments in the financial services sector.
A spokesman for Barclays remarked that the UK bank was happy that the court had discovered that Barclays had performed in good faith. Lehman which has sued other banking institutions including Bank of America and JP Morgan and Chase to retrieve assets for creditors, offered no comments as of now. Earlier during this month, Barclays posted pre-tax profits of £6.07bn for 2010, up from nearly a third on the £4.59bn profits the banks incurred during 2009.
I am going to keep this quick roaches because this is a hot one today
Savwatt shares are up today because of huge news that the company that was released yesterday after the bell. According to a news report that was released:
“SavWatt, the leader in LED lighting technology and the green revolution, signed a 10-year-lease for a new state of the art facility called “SavWatt’s Eco Hub.” This 21,000 square foot facility in Baltimore, MD will also serve as a model assembly and quality control center. The SavWatt Eco-Hub is planned for a May 2011 grand opening.
SavWatt further announces the approval to install a SavWatt’s Eco-Pole at the Baltimore, Maryland Science Center. SavWatt’s vertical wind turbine/solar/ 60 watt LED light will be showcased, educating the public about the benefits of renewable energy. Continue reading»
Score 1 for the potheads!
Come on guys, I don’t want to hear even one of you complain that you weren’t alerted to the hottie that was CBIS today.
I know that all of my darling roachitos made some money off of this one. One loyal roach Travis was up over 55% today! If you didn’t make any money on CBIS, you don’t pay any attention so the jokes on you.
Whether you sniped it, flipped it, are holding it overnight for some more possible gains… good for you. Roll one up and pat yourselves on the back.
I’m joking about the rolling one up part, we at the Stockroach do not condone any illegal activities such as illegal marijuana usage.
I think ElCucaracho has glaucoma and lives in California though. Don’t quote me on that.
Want some more hotties like CBIS? Sign up for our newsletter, and don’t forget to add us on Twitter either because we send out surprise alerts through there from time to time.
Senorita “Eat the roach” Roachita
Good day mi amors!
It’s a humpday quickie for you all! SPAH has come to my attention, and things sure look roachy over there. It’s a Jr. Mining play but who cares, they can sell ice cubes to eskimos for all I care because look at this roachy chart.
This stinker just broke it’s .002 resistance and looks like some big momentum has hit it like the force of 1,000 Gods. Some resistance coming in at .0025 but it looks to be pretty mild judging by the current charts.
So load this turd onto your watchlists and let’s see if it can make a run for the 200 DMA of .005.
Senorita “Is it Wednesday already?” Roachita