-
Posts
395 -
Joined
-
Last visited
Content Type
Profiles
Forums
Events
Everything posted by deeper
-
I love listening to all the talking heads on Dominik Frisbys show. Do these people ever look at the charts. I mean really.
-
Does anyone read Thom Calandra's Blog ?
deeper replied to drbubb's topic in Gold, FX, Stocks / Diaries & Blogs
http://www.sec.gov/news/press/2005-3.htm -
Does anyone read Thom Calandra's Blog ?
deeper replied to drbubb's topic in Gold, FX, Stocks / Diaries & Blogs
SEC complaint In January 2004, Calandra resigned from Marketwatch after an internal probe into his trading activities that followed an SEC request for data on personal stock trades and e-mail messages.[4] A year later, the SEC accused him of "scalping": selling stocks shortly after his investment newsletter's positive recommendations of the stocks caused their prices to rise, without disclosing the sales. In 2005, Calandra settled the charges, without admitting or denying the allegations. The SEC said that "[...] Calandra made over $400,000 in illegal profits through a practice known as "scalping" — buying shares of thinly-traded, small-cap companies, writing highly favorable newsletter profiles recommending the companies to his newsletter subscribers, and then selling the majority of his shares when the increased demand generated by his favorable columns drove up the stock price."[5] The SEC said that from March to December 2003, Calandra made over $400,000 through buying shares of 23 different small-cap stocks while writing favorable newsletter profiles recommending the stocks, and then selling the his shares after the stocks rose after his columns were published. The SEC also accused Calandra of failing to disclose that he was compensated from a stock promoter affiliated with two companies that he profiled. "In addition to his scalping transactions, Calandra received undisclosed consideration in the form of substantially-discounted stock from two companies that he profiled in TCR (The Calandra Report), Goldmarca and IMC Ventures. Calandra purchased discounted shares in Goldmarca and IMC Ventures from a Canadian stock promoter that Calandra knew was associated with both companies. On October 28, 2003, Calandra purchased 155,000 shares of Goldmarca at $0.23 per share, a 39% discount from the market price of $0.38 per share. Similarly, he purchased 70,000 shares of IMC Ventures on the same day, at the discounted price of $0.37 per share, a 59% discount off of the company's market price of $0.91 per share. Calandra then provided the companies with positive publicity in TCR. He wrote on multiple occasions about both Goldmarca and IMC Ventures, but never disclosed his receipt of discounted shares to his readers. Calandra sold the majority of his shares of Goldmarca and IMC Ventures immediately after touting the companies in TCR, making total profits of $52,022.75 and $61,496, respectively." [6] [7] The SEC said in a statement that Calandra "betrayed his readers' trust" by using his newsletter to engage in trading profits. "Calandra's readers were entitled to know about his trading activity, so that they could evaluate the credibility and impartiality of Calandra's investment advice for themselves," SEC District Administrator Helane Morrison said in a statement.[8] -
Bold as brass, Just because YOU haven't made money in the stock market doesn't mean others can't. I will post a few stock picks on this thread to show that you can make serious profits consistently. Here is just 1 pick. Let's check in 6 months and 12 months to see how it does. CVR.V http://corre.com/
-
The Best of Youtube - Music
deeper replied to caligari's topic in Gold, FX, Stocks / Diaries & Blogs
The new GEI RADIO THEME SONG ? http://www.youtube.com/watch?v=bDDIrsVBfXI come on, have some creativity bubb. You want to sound like the masses? -
In that context you make good sense. I try and catch moves like that in the juniors too.
-
One down day for gold doesn't make a trend bubb. Maybe some more backfill before we grind higher.
-
Expect CCO to use some of their cash hoard in 2010...
-
FRG.TO will be a BIG U producer in coming years.
-
Cameco just raised dividend.
-
LONG GOLD SHORT SILVER http://slopeofhope.com/2009/10/long-gold-short-silver.html
-
Tracking Junior Miners - Why Are they Underperforming?
deeper replied to frizzers's topic in Mining and Precious Metals
One thing that really sparked a junior rally the last time we had one was a MASSIVE discovery. No not Bre-x , I mean Voisey's Bay. Ironic it was a base metal. But I see a BIG gold discovery somewhere in 2008 that might inject some life into the whole sector. Which stock? I wish I knew! -
Tracking Junior Miners - Why Are they Underperforming?
deeper replied to frizzers's topic in Mining and Precious Metals
Jim Puplava talking about the juniors http://www.netcastdaily.com/broadcast/fsn2008-0112-3b.mp3 -
Canadian Energy & Income Trusts ((Merged thread))
deeper replied to Bubble Pricker's topic in Energy: Oil, Coal, Uranium etc.
Penn West is being given away! -
I agree. The opposite is happening for Gold. You have South African gold production at it's lowest levels in years, majors can't replace their reserves, etc etc. Gold will trump all which is why I am heavy into the gold juniors.
-
Personally, I like Gold better then Silver, but that doesn't mean I won't buy a junior silver company if they are undervalued. Take Duran Ventures. Their property in Peru has a huge copper zone and a huge silver lead zinc zone. I'm very bearish on copper but the stock is cheap if you look at the potential of the copper zone plus the potential of the silver zone, which the company believes has 10X more potential then the copper. So it comes down to choosing your specific stocks very wisely.