Utilities have been strong of late ... we'll see if NU can get back up to that swing. Already triggered but clever day traders can do something with it.
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Utilities have been strong of late ... we'll see if NU can get back up to that swing. Already triggered but clever day traders can do something with it.
Receive these free daily trading ideas by email.
The other day my Twitter buddy @PlanMaestro tweeted this quote which intrigued me:
“If you make people think they’re thinking, they’ll love you; but if you really make them think, they’ll hate you.”
I asked him the source and he replied "Don Marquis," whom I'd never heard of, so I wikipedia'd him and learned that he was a turn of the century writer and contemporary of Mencken's. This led me to buy a book, The Annotated Archy and Mehitabel, a collection of columns mainly written by Marquis's muse "archy," a free-verse poet reincarnated into the body of a cockroach. One hundred years later archy's observations remain funny and revealing.
Here's archy's column from November 12, 1917:
boss my interest in science
is keen but my
sympathy with scientists is
declining very rapidly the
more i see of them the less i
want them to see
me i heard a couple of
entomologists talking the
other day you want to be sure
and get over to the brooklyn
museum on thursday evening he said
there is going to be a
lecture on a new
kind of killing bottle good
said the second one i will
surely be there if there is
anything that is needed for
the cause right now
it is a new killing bottle i
looked at him and he
seemed a kind hearted man too
just thoughtless likely
i thought what is sport to
you old fellow is
death to us insects morality
is all in the point
of view if the cockroaches
should start killing the
humans just to study them there
would a howl go up from
danville illinois to
beersheba palestine even germans
are not gassed for study but
only in the way of
business and battle many would
think twice about stepping
on a pacifist who would
send any number of potato bugs
to their funeral pyre without
remorse justice as maurice
maeterlinck points out is not
inherent in the universe and what
man has put there he
uses when he uses it at all
strictly for his own
purposes the world is so sad that
the only way to live
with it is to laugh at it
NQ 3-minute chart
This press release not yet on the SEC website ... (Update: it's there now.) NQ Mobile Provides Update on Filing of Form 20F (May 15, 2014):
The Company continues to work to file its annual report for the year ended December 31, 2013 as soon as possible. As previously disclosed by the Company in a press release dated April 30, 2014 and in its Form 12b-25 filed with the Securities and Exchange Commission, the Company is unable to file on time its annual report on Form 20-F because it needs additional time to complete it.
Emphasis mine.
This Bloomberg article appeared on Wednesday morning: Carson Block Followers Bet on 46% Collapse in NQ Mobile (May 14, 2014 10:23 AM)
About two-thirds of the record 345,000 bearish options that investors hold will expire by May 17, two days after the deadline the company set to conclude an investigation into Block’s allegations. The most popular options contracts, known as puts, will make money if the shares drop 46 percent from yesterday’s close.Stock borrowed for short selling amounts to 26 percent of shares outstanding, the highest among the most-traded Chinese companies listed in the U.S.
...
Puts with a strike price of $6, about 46 percent below the yesterday’s close, have the biggest open interest with more than 97,000 contracts. Short interest ... rose to a record 15 million on April 15 before decreasing to 13.1 million at the end of last month, according to data from U.S. exchanges. It accounts for 26 percent of shares outstanding, the highest ratio among Chinese ADRs with a market valuation of $300 million or more.
NQ Mobile Falls to 10-Month Low After Annual Report Delay (May 15, 2014 1:16 PM)
Canaccord Genuity Corp., one of three research firms which this year have recommended that investors buy NQ Mobile shares, said today that it is suspending its rating and price target on the stock.
Piper Jaffray discontinued coverage of NQ on April 3, 2014 "due to a realignment of analyst resources."
A bit disturbed by the news that the young man who made the great documentary, Searching for Sugar Man, has committed suicide.
I bought both of Rodriguez's studio albums, Cold Fact, and Coming from Reality, after watching the movie. Cold Fact has a lot of good tracks, but my favorite is probably Like Janis, which he sings live (in 2012) below:
"... your selfishness is your cardinal sin."
I had lunch today with an old girlfriend ("P") at the new Hatsune in the Kerry Center. There's a room in the very back of the restaurant which is isolated, i.e., private (though noisy), and that's where we sat. I hated her new eyeglasses ("But they're from Tiffany!"), which I thought made her look like an old librarian, and certainly not a naughty librarian, which is the kind I like.
We each got a box set lunch (not interesting to photograph) and supplemented them with an order of "LumDimSum" rolls. They come in a dim sum steamer basket which is a cute touch. LumDimSum is a popular blog, mainly about food, and her local restaurant recommendations are frequently spot on (meaning I agree with her).
The inside of the roll has scallops, albacore tuna, seaweed, and cucumber and the top has avocado, maguro, and a spot of mayo? with black tobiko. Maybe you can see all of that better in the pic below. I think the rolls were around US$14.
Hatsune is a rock-solid old stand-by restaurant. The Chinese-American owner must be making a fortune, deserved of course. Check it out if you haven't been before.
Jealous wife number two, ten years younger, a hasheesh-smoking hedonist. Note the period-correct light fixture. Don't worry, things got even uglier in the 1970s.
My last call on Best Buy was nearly perfectly timed (he says modestly) ... this time I'm not looking for $25 but under $24.
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I spotted this funny looking little car the other day and snapped a pic of it. I'd never seen one before. Turns out it's a Toyota 86. I don't think this model is available in America, but I could be wrong. It's cute. Too small for a tough guy like me, but still, cute.