Shocking (not really) article about the rigging of gold prices since 2004IMO this should be front page news around the world but, alas, the drive by media will make quick mention of it and move on. Assuming what New York University’s Stern School of Business Professor Rosa Abrantes-Metz and Albert Metz, a managing director at Moody’s Investors Service, concluded in a draft research paper is correct, […]
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Posted on April 30, 2014
Posted on April 28, 2014
I lost faith in management and sold my 7,000 shares when French indicated the trial would begin "shortly" or something like that. It was just the way it was written, like "oh, by the way". It seemed they were much more interested in the financing than in[...]
Posted on March 31, 2014
Correction: The February 28th first issuance was for 14,717,995 fully paid shares. The rest comes in April if approved. If they had 85.11M shares outstanding at time of dilution, then the net effect will be your one share has been reduced to about 67% o[...]
Posted on March 31, 2014
That could very well be the people from RA Capital Management selling some of their 29,400,000 shares for a nice profit of anything over AUD $1.07 which is what they paid. Now Benitic wants to give away another 29,000,000 shares at $1.07 to the same folks[...]
Posted on March 14, 2014
First dosing in weeks now for Benitec? I truly hope these guys are just naive on investor relations. Intercept up 18% this morning. Were we sold a bill of goods that was umm, rotten? In at $0.70, out at whatever I can get and maybe get back in when I r[...]
Posted on March 3, 2014
Third Presidential Debate. October 22, 2012 POTUS: Governor Romney, I'm glad you recognize al queda as a threat because a few months ago when you were asked what the biggest geopolitical threat facing America, you said Russia {pause} not al queda {pause[...]
Posted on February 27, 2014
The best laid plans of Mice and Man... Garnishes a "C"- ish for ingenuity though. I love the term "disgorged" with alternative meanings like "to discharge violently or to spew" or "vomit", lol. Thanks for that.[...]
Posted on February 20, 2014
Dr. KSS, forgive me if you discussed this before but how will what Gradalis USA is doing affect the future of Benitec? They have deep pockets being financed by the Mary Crowley Cancer Research Centers. From a November 2012 article: "Stubbings, (Benit[...]
Posted on February 5, 2014
Right wing media? You're kidding, right?[...]
Posted on February 4, 2014
oops, forgot the link: http://www.kitco.com/ind/AuthenticMoney/2013-12-20-Gold-Price-Manipulation-Is-it-Real.html[...]
Posted on February 4, 2014
I thought it was a given that various entities manipulate the price of Gold to suit their own means? As the author of the referenced article concluded: "The selling of gold to squash the price can only succeed if other governments follow the same road. [...]
Posted on January 22, 2014
I know people with "chronic" or "late stage" Lyme and it's a terrible disease, often striking people down in the prime of their lives, never to get back to full health. Anyway, thank you for that thoughtful reply Mr. KSS, you hit the nail on the head and [...]
Posted on January 21, 2014
Forgive me if this has already been covered. I was confused about the outstanding shares (O/S) after reading the Benitec financials. Per their November 13th "Company Update" this: http://www.asx.com.au/asxpdf/20131114/pdf/42kv85zz8v1zqt.pdf On page 18 [...]
The stock was halted for a period of time last week. I don't think I would trust management. Went from basically $0.04 to $0.70 in a couple months and now has backed off significantly. FINRA halted the stock and it's been down more as they investigated [...]