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Jurgis

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Everything posted by Jurgis

  1. You presume that non-iPhone user has not used/tried iPhone. You presume way too much.
  2. Have the Q2 results been declared ? i am not able to see the report on their website. can you share the link ? http://www.otcmarkets.com/financialReportViewer?symbol=WELX&id=141971
  3. OK, thanks oddball. :) Looking at WELX Q2 results, there's definitely less than meets the eye. We'll see if there's more in the future.
  4. Investing in AAPL is very simple: 1. You buy stock now 2. You hold until I capitulate and buy an AAPL product. 3. You sell 4. Profit! I promise to let you guys know when I buy an AAPL product. You can be sure that at that time there will be no one else left to buy their products and that their brand will be in a ditch. You can donate part of the profit to my and your favorite charity. There.
  5. And when they go to piss in a garden, they could say: "iWater!" ;)
  6. I wonder how many FAIRX holders are aware... and how they are reacting. I believe he's down to $5 billion from $8 billion last year pre-Lamberth opinion on GSEs, so my guess is that at least some of the (ex-)holders are aware. I been adding modestly to my FAIRX holdings for past few years but my patience is running out. If Fannie/Freddie work out, FAIRX would go approximately 70% up (10% 7x) assuming no other losses. So FAIRX is quite a lot Fannie/Freddie bet...
  7. Okay. Where? I thought that you guys had the answers. Why are you asking a socialist who likes it the way it is? You've got at least five people here who agree with you. They are all probably pretty rich this being CoBF. Presumably you can find more rich and educated people who agree with you. Find some poor country that would sell you an island or something. I'll visit when you guys have that futuristic thing with robo dogs. You can even charge me admission (just don't call it a tax, no no).
  8. I wonder how many FAIRX holders are aware... and how they are reacting.
  9. We went through this before. It is not theft: we live in (somewhat) democracy and we vote for taxes. (Actually, I am taxed without representation and I am still very happy with the tax system in US.). The fact that you are voting against does not make it a theft. Look up the definition of democracy. I'd be very happy for you and other anarcho-whatevers to go and establish your utopia somewhere. If it was successful maybe others would follow. Or start a party and try to persuade other people to vote against taxes. Good luck. So far what I hear is just more of this:
  10. Voted: all of the above (currently, things may change). Probably have +1 joining us.
  11. I think Sirius is pretty aggressive if you try to discontinue the service. Might not be a big deal for the company. (We got Sirius in wife's car that we bought used. We activated for trial free period. There were some funkiness with activation, but it worked. We did not transfer to paid service. They badgered us with junk mail a bit and then gave up.)
  12. Yes, I buy them all the time. Positive experience overall. You can always complain and get your money back. My only issues were couple books that were pre-publication reviewer copies. I got the money back and kept the book(s). This is USA though, can't speak for Canada/Europe. Edit: try to pick highest quality ("Used Like New" or whatever it is called) and highest seller star rating while keeping the low(est) price. If you go down the quality level, you may get highlights in the text, etc.
  13. Right, especially when the investment goes through double special entities. ;) Anyway, my point is that WELX is $6M company. A company at a size where it should be looking to grow its main business and not diworsify into unrelated ventures. Sure, it has extra cash. Great. Deploy it in your main business or related businesses. WELX is not FRMO. It is not a company whose charter is capital allocation to unrelated businesses. If they want to change to be capital allocator, they perhaps should talk to Prasad who is doing it correctly: you tell your investors that now you are no longer a medical device company and instead you are capital allocator. Apparently in Canada you also need shareholders approval. I'm fine with just a press release. Can the Murray Stahl defenders show me such press release from WELX? Anyway, this possibly should not be an answer to you, since you have not looked at the company in detail. Take care.
  14. Winland is taking resources away from its operating business and putting into other ventures. That's what it is. Servicing museums with exhibitional content is a lousy or inferior business. Edit: look at PRXI. You invented your bullet 3.
  15. I'm just saying that when you don't know any details about a situation, it's easy make snide comments about it. Can you clarify: do you object to my evaluation in general without looking at the company/press release or you have looked at WELX and the press release and you believe that this was a great thing to do?
  16. The amount of rationalizing of this as "but Buffett did it too" is hilarious. Carry on.
  17. And now we have "taxes are theft" ultraliberals on the thread. I was wondering what was missing for the last 10 pages. 8)
  18. Fair enough. You are right that I might miss some gems with the way I look at stocks. C'est la vie. Thanks for the list anyway. :)
  19. That's because it's impossible to obtain... people are forced to make their own copies that are not really license ;)
  20. So here's why I hate investing in nanocaps: http://www.otcmarkets.com/otciq/ajax/showNewsReleaseDocumentById.pdf?id=15892 So a nanocap heavily promoted by couple known value investors and capital allocators elects them onto BoD. You'd think that means the company will try to find ways to grow its business that apparently has great products but was lagging because of not enough salesforce activity (see FRMO comments about Winland). Nah, they find something more important to do: spend a bunch of money on a questionable "entity" that will operate a traveling circus exhibition. Cause clearly developing, manufacturing and selling critical condition monitoring solutions is a great fit with a traveling memorabilia. Perhaps they will sell their laughing gas monitors at the booth... And clearly $6M company has more than enough staff to do whatever side projects they want.
  21. The spread between DISCA and DISCK does fluctuate wildly. So you could argue that they aren't substantially identical? If they were substantially identical (like a deep in the money option versus the stock), the spread between the substantially identical securities would be fairly constant. Unless someone is CPA experienced with this sort of thing, I'd take people's responses here with a huge pile of salt. I'm not a CPA. :) I'll claim that DISCA and DISCK are definitely substantially identical. Of course, IRS most likely won't audit you, so it's your choice really. :)
  22. just buy SP500 and be done with it. 8) :P
  23. Vegetarian here. I won't vote in the poll since currently all these weekends work for me. I will also forward this to my friends, so I may have +1 or +2 depending. Can you elaborate a bit what I'm supposed to prepare for the meeting? :) Look at what companies were on top (marketshare? sales?) in 1995 and where they went from there?
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