Showing posts with label Finance. Show all posts
Showing posts with label Finance. Show all posts

Thursday, June 23, 2011

The Best Market Barometer of All—Follow the Transports

The S&P 500 Index is inching its way back up to the 1,300 level, and this makes me feel a whole lot better about the health of the equity market. Recent trading action in both stocks and commodities suggests to me that we did in fact experience a correction, albeit one without a catalyst. The sovereign debt issue in Europe certainly weighed on sentiment and domestic economic data haven’t been strong. But, I do get the feeling that the tide is changing and institutional investors want to be buyers of stocks.
As I’ve written, second-quarter earnings season can’t come soon enough. Investors are desperate to read what companies are saying about their businesses. The marketplace wants some reassurance that earnings will be there and, more importantly, it wants some direction on the future, because it can’t figure one with the current economic data.
The second and third quarters of a year aren’t typically good ones for the stock market and I think this well-known trend will play itself out again this year. We might even get range-bound trading for the rest of the year, which is why large investors have been buying yield. The argument is that they might as well get some return on their investment.
The Dow Jones Transportation Average (one of the most important benchmark indices for investors to follow) performed a bit of a miracle recently. The index broke the 5,400 level pretty hard at the beginning of the month, dropping almost to the 5,000 mark. Very recently, this index climbed back to over 5,300. At the end of April, this index hit an all-time high, which was very close to the level the index was trading at in 2007 and 2008, before the financial crisis began.
Unless second-quarter earnings are well below expectations and there isn’t a major shock to the financial system (like a country debt default), I think this market is setting itself up to go higher. It may not happen until September or later, but we could experience a solid year-end rally in stocks based on very reasonable valuations, solid earnings growth, and decent prospects for the future. The economy still has a long way to go before it fully corrects itself. What the Federal Reserve does in terms of stimulus is rather irrelevant going forward. The business cycle has to be left to play itself out and the economy has to get solid footing for growth on its own. We’re getting there, and the best barometer of all is the Dow Jones Transportation Average. Right now, Norfolk Southern Corporation (NYSE/NSC) and Union Pacific Corporation (NYSE/UNP) are trading right around their 52-week highs. This is all the confirmation I need for an S&P 500 Index at 1,500 by the end of the year.
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Tuesday, May 31, 2011

Non-Recourse Financing Available for Medical Office Properties

Winter Haven-based 6/10 Capital Advisors, a wholly-owned subsidiary of the 6/10 Corporation, announces availability of non-recourse, fixed rate permanent loans (up to 75% LTV) for the acquisition and re-financing of existing, leased income producing medical office properties. The company maintains relationships with numerous bank and non-bank institutional capital sources that are actively originating non-recourse permanent loans.

“Our ‘sweet spot’ in terms of transaction size is $1 – $10 million, although we have the capacity to handle much larger transactions,” states John Herbert, Managing Director of 6/10 Capital Advisors. For additional information, visit www.610capitaladvisors.com.

About The 6/10 Corporation
The 6/10 Corporation is a Winter Haven, Florida based investment company. Its primary holdings are Florida commercial real estate properties and private equity positions in Florida based operating companies. The 6/10 Corporation’s commercial real estate portfolio includes office, medical, data center, industrial, specialty retail and undeveloped land. Operating companies included in the 6/10 Private Equity portfolio include software, commercial real estate services, colocation and data center, manufacturing and IT services. Formed in 1985, 6/10 has many years of experience in the acquisition, development, ownership and management of a broad range of investments. www.610corp.net.

Wednesday, May 25, 2011

How to Make Big Money Safely With Options Investment

Options investment can be safe – if done right. Here's one way options pros make big money while slashing their risk. Don't worry that options investment is too complicated. A little coaching is all that’s needed. For now, focus on the benefits, not the how-to.

Make Money Whether Stock Prices Go Up or Down
Suppose a big price move is coming soon -
* Earnings announcement.
* FDA ruling on a drug proposal.
* Settlement of a patent infringement suit.
* Results of a major development project.
* Price break-out from a long-standing range.
* Anything else that raises price volatility.
Prices will make a big move soon, but which way? What to do?

Straddles
Buy an options straddle - a real safe money options investment. Here's what to do -
* Buy both a call and a put on the same stock.
* Use the same strike price and same expiration date for both the call and the put.
* Pick the strike price closest to the current stock price,
* So there's an equal chance of the call or the put going into the money.
Then make money if there's a big move up or a big move down. Lose money only if the price doesn't move much at all. So look for volatile stocks, industries, and markets.

Here's an example with a stock we'll call ZZZ -
* ZZZ trades at $50.10 a share. $50 is the nearest strike price.
* $50 ZZZ calls expiring in July, 2011, cost $1.94 a share. $50 ZZZ puts expiring in July, 2011, cost $1.73 a share.
* The options straddle would cost $3.67 a share - $1.94 for the call, plus $1.73 for the put.
* You make money if ZZZ goes at least $3.67 up or $3.67 down from $50.
* That's a 7.3% move in either direction - a small move over two months for a volatile stock.
Safety

The options investment is safer than just buying stock.
* The ZZZ straddle costs only $367 - your maximum possible loss.
* 100 shares of ZZZ stock instead of the straddle would have cost $5,010 - your maximum possible loss.

It's safer to risk $367 than $5,010. But what about profits?
If ZZZ rose to $60 a share -
* You would make about $600 on your straddle - a 163% percent profit!
* You would make about $1,000 on the stock - only a 20% profit.

If ZZZ fell to $40 a share -
* You would make about $600 on your straddle - a 163% profit!
* You would lose about $1,000 on the stock - a 20% loss.

The options investment - the straddle - and the stock both have about the same mathematical probability of reaching a profit or showing a loss.
The straddle risks less money for bigger percentage returns. It's the safer, smarter thing to do.

Finding Straddles
Finding good stocks for straddles means weighing -
* Market and business factors that might affect stock prices.
* The timing of those market and business factors.
* Volatility of potential stocks.
* The expiration date and cost of potential straddles.

Find out more about options investment at http://safemoneyproducts.com/options-investment. Subscribe now at http://safemoneyproducts.com/subscribe to get 4 Free Reports and bi-monthly Action Alerts.

Thursday, February 10, 2011

Economic Policy and the Economic Crisis is Topic of Feb. 15 John W. Pope Lecture


Economist Michael Boskin will present the annual Pope Lecture at North Carolina State University in Raleigh, N.C., on Tuesday, Feb. 15. The lecture will begin at 7:30 p.m. at the NC State Poole College of Management's Nelson Auditorium, 3400 Nelson Hall.

The title of Boskin's lecture is "Economic Policy and the Economic Crisis: Successes, Failures, Unfinished Agenda." A reception will follow immediately after the lecture, in the Nelson Hall Commons, on the second floor.

In addition to his public lecture, Boskin will meet give informal presentations to faculty at 2:30 p.m. to 3:30 p.m. in the Nelson Hall boardroom, and to student members of the Society of Politics, Economics and Law (SPEL) at NC State in 1140 Nelson Hall.

The lecture is open to faculty, staff and students at NC State University, and the general public. There is no charge to attend and reservations are not required.

The John W. Pope Lecture Series is hosted by North Carolina State University's College of Humanities and Social Sciences and Poole College of Management to encourage dialogue on topics of political and economic interest. The lecture series is supported by a grant from the John W. Pope Foundation.

About the speaker

Boskin is a senior fellow at the Hoover Institution and the T. M. Friedman Professor of Economics at Stanford University. He served as chairman of the President's Council of Economic Advisers from 1989 to 1993.  He also chaired the blue-ribbon Commission on the Consumer Price Index, whose report transformed the way governments around the world measure inflation, GDP, and productivity.

The author of more than one hundred books and articles, Boskin is internationally recognized for his research on economic growth, tax policy, and U.S. saving and consumption patterns. His op-eds appear regularly in the Wall Street Journal and other leading newspapers. Boskin was early to raise concerns about state and federal debts and unfunded obligations, and continues to address these problems in his current work.

For additional information, view http://www.mgt.ncsu.edu/index-exp.php/events/entry/john-w.-pope-lecture-series-presents-economist-michael-boskin/

Saturday, January 29, 2011

Silver Dollar Values Prices Ultimately Most Definitely Will Advance To New Heights


The following are some historical facts that might assist to put the recent gold and silver price dips into the proper perspective. First, each and every year for the past couple of years, gold and also silver prices have each dropped by 5% or more at least twice every year, even though the yearly trend has been for a extremely substantial increase. Correspondingly, it's a common rule of thumb that the much more severe a price correction has been, the higher the following gold and silver price increases have been. As a result, there's no reason, lacking any other info, to anticipate the lower prices within the last few weeks to be a signal of a marketplace peak. It's just the starting point of a new climb to the top.

The truth is, the gold and silver data being released is pointing the other direction. Merchants in London are confirming intensive demands for gold and silver from Chinese and some other Asian buyers. Right now there would normally be a rise in demands for purchases of precious metals for the approaching Lunar New Year, however demand is growing much more than the holiday increases in past years. CLICK HERE to check out Silver Dollar Values Silver Prices now! http://silver-dollar-values.net has all of the details for an intelligent investing choice.

The main United States Mint office has currently announced its highest single month sales of Silver Eagles (over 4.7 million!) since the introduction of these coins in November 1986, with an additional few days to go in January! Throughout coin dealer web sites and stores, silver bullion and silver coins have been selling to retail clients almost as quick as they can get on the phones to replace their stock from suppliers. CLICK HERE to check out Silver Dollar Values Silver Prices now! http://silver-dollar-values.com has all of the details for an intelligent investing choice.

Although the U.S. dollar has fallen, gold prices, silver prices together with other precious metals have been increasing gradually over the prior ten years. People all over the world have been going to the safety in addition to stability that gold and silver will continually provide. Individual traders have been acquiring a great deal of silver dollar values even though silver prices are still very inexpensive. Gold bullion coins will be likewise a wonderful investment for these substantially troubled political and economic times we live in. Check out Silver Dollar Values Silver Prices now! http://silver-dollar-values.com has all of the details for an intelligent investing option.

Professional investors are anticipating the gold prices and also silver prices to go up within the coming days based on all of the charts as well as graphs of historical data. The time to purchase silver and gold is at this moment!

Thursday, June 10, 2010

KTC Capital Analysts View Gold Trending Higher In Spite of Correction Fears

Historically a safe hedge against market volatility, Gold continued its unlikely climb into the price stratosphere.  The global financial community has been dealt blow after blow, last year North America, this year Greece, and possibly next year Spain if not sooner. It all translates into upward trending of gold and gold derivative prices.

The largest groups of gold buyers last quarter were firms and high net worth individuals in Europe who have watched their worth plummet with the Euro.  They have bought the precious metal heavily and continue to do so. Prior to the Europe crisis when gold was trading between $1,000 and $1,100 per ounce, the street was warning that a correction was likely due to overvaluing.  That risk is currently limited as countries around the world boost their gold reserves to hedge against their own inflation and asset bubble risks.

Investment Disclaimer: This release is provided for general information only and nothing contained in the material constitutes a recommendation for the purchase or sale of any security. Although the statements of fact in this release are obtained from sources that KTC Capital Management consider reliable, we do not guarantee their accuracy and any such information may be incomplete or condensed. Also views expressed in this release are based on research materials available from sources considered reliable. Views are subject to change on the basis of additional or new research, new facts or developments.

The investment risks described herein are not purported to be exhaustive, any person considering an investment should seek independent advice on the suitability or otherwise of the particular investment. Investment products are not bank deposits or obligations or guaranteed by KTC Capital Management or any of its affiliates or subsidiaries unless specifically stated. Investment products are not insured by government or governmental agencies. Investment and Treasury products are subject to Investment risk, including possible loss of principal amount invested. Past performance is not indicative of future results: prices can go up or down.

Investors investing in investments and/or treasury products denominated in foreign (non-local) currency should be aware of the risk of exchange rate fluctuations that may cause loss of principal when foreign currency is converted to the investors’ home currency. Investment and treasury products are not available to U.S. persons. All applications for investments and treasury products are subject to Terms and Conditions of the individual investment and Treasury products. Customer understands that it is his/her responsibility to seek legal and/or tax advice regarding the legal and tax consequences of his/her investment transactions. If customer changes residence, citizenship, nationality, or place of work, it is his/her responsibility to understand how his/her investment transactions are affected by such change and comply with all applicable laws and regulations as and when such becomes applicable. Customer understands that KTC Capital Management does not provide legal and/or tax advice and are not responsible for advising him/her on the laws pertaining to his/her transaction.

Saturday, June 5, 2010

Payday Loans No Credit check: Instant cash till next payday

Are you getting troubled while applying for a loan due to your poor credit history? If so, then here is the solution to your problem. Payday Loans No Credit check have been introduced to help those people who suffer due to their bad credit rating and have to face a lot many rejections by the different lenders. Actually the reason behind the rejection by the lenders is their insecurity regarding the repayment of the entire loan amount by the time. Due to the absence of the security, the lender feels really insecure in granting loans to the borrowers with bad credit score. But, now it’s the time to cheer-up as due to the introduction of the payday Loans No Credit check.

Payday Loans No Credit check are the kind of short-term loans that provide funds for the borrowers till the arrival of their next payday. The borrowers can borrow an amount ranging from £100 to £1,500 with repayment duration of about 7 to 31 days. The date of repayment of these loans generally coincides with your next payday. Also, these loans have an unsecured nature as they do not demand security against the loan in the form of valuable assets like any building or property. Moreover, due to the absence of security against the loan, the rate of interest for these loans is generally high as compared to the other long term loans. The borrower should be 18 years old or above, should be regular employee with a minimum salary of $1000, should have a valid bank account and should be a reliable UK citizen. The loan amount is entirely used according to the requirements and wish of the borrower since there is no restriction on its use. The borrower may use it for the urgent expenses like paying-off medical bills, credit card bills, grocery bills, car repair, travel expenses, educational expenses and many more. Since there is no credit check conducted at all, therefore the borrowers having bad credit records like CCJs, arrears, late payment, bankruptcy, and defaults etc. can also apply for these loans without any fear of rejection to their loan application. Due to the absence of formalities like faxing of documents and other kind of paper-work, the loan application process is really fast.  

Now the lenders need not waste their precious time for the loan application process. They can apply for the loan of their choice online without wasting their time by standing in long queues outside the loan agencies and waiting for their turn to come for the application of loan. It saves the time of borrowers and they are not required to move out of their home to apply for these loans as they can do so while sitting at their own place only. After comparing the deals offered by the different online lenders, they can choose a suitable deal for themselves. Then, they are required to fill an online application form and deposit it to the lender. After verification, the loan amount will get transferred to the account of the borrower very soon.

Alisa Alison is author of Payday Loans No debit Card.For more information about No debit card loans visit http://www.paydayloansnodebitcards.co.uk

Thursday, June 3, 2010

Weatherford International Ltd. investor alert - investigation

An investigation on behalf of investors in Weatherford International Ltd. (NYSE:WFT) over possible reaches of fiduciary duty and other federal and state laws by certain officers and directors of Weatherford International Ltd. was announced.

If you are a current investor in Weatherford International Ltd. (NYSE:WFT) shares, you have certain options and you should contact the Shareholders Foundation, Inc. by email at mail@shareholdersfoundation.com or call +1 (858) 779 – 1554.

Weatherford International Ltd., located in Zug, Switzerland, is a provider of equipment and services used in the drilling, evaluation, completion, production and intervention of oil and natural gas wells. Weatherford International Ltd. Reported in 2007 Total Revenue of $7.82306billion, in 2008 $9.60065billion, and in 2009 $8.82693billion. Accoding to the investigation by a law firm the investigation on behalf of WFT investors focuses on the investigation of Weatherford International Ltd.  by the U.S. Department of Commerce, the Bureau of Industry & Security, the Office of Foreign Assets Control, the Department of Justice and the U.S. Securities and Exchange Commission (SEC) for various possible violations. Weatherford Intl Ltd. disclosed the investigations through filings with the SEC. The current ongoing investigations include: Weatherford's participation in the oil-for-food program in Iraq, allegations of "improper sales of products and services" by Weatherford and its subsidiaries in "certain sanctioned countries," and possible violations of the Foreign Corrupt Practices Act. In the 2009 annual report filed with the SEC, Weatherford International announced costs that included $106 million for legal and professional fees, $56 million in connection with their exit from certain sanctioned countries in 2008, and $45 million and $47 million in 2008 and 2009 respectively, in connection with the on-going investigations, so the investigation. Weatherford also stated that the "agencies likely will seek to impose penalties...for past conduct." Shares of Weatherford International Ltd. (WFT) traded recently at $13.69 per share. WFT shares are down from its 52weekHigh of $23.75 per share, and over $48 per share in 2008.

Those who are current investors in Weatherford International Ltd. (Public, NYSE:WFT) shares, have certain options and should contact the Shareholders Foundation, Inc. by email at mail@shareholdersfoundation.com or call +1 (858) 779 – 1554.

Monday, May 31, 2010

Toyota Recalls Fuel New Auto Safety Laws

The numerous recalls by Toyota have forced the United States Government to devise new auto safety laws to regulate the problems associated with these recalls. It aims to bring some impacting changes into the whole recall process. This would legally require all vehicles sold in the United States to be equipped with brake override systems. Brake override would assist drivers in countering the effects of unintended acceleration thus reducing accidents.

There have been over 6000 complaints registered against Toyota related to sudden acceleration over the last decade. These complaints also include statistics of more than 80 loss of human live. The new auto safety law has placed consumer safety the utmost priority and all measures are being taken to reduce the number of accidents.

The United States Government is planning to make it mandatory for all cars to have black boxes to record crash information. This installation would help in extracting relevant car accident data. However, experts are debating over the violation of privacy if black boxes are placed inside the cars. Anyhow, the new auto safety laws ultimate objective is to stiffen potential penalties against automakers. This will give the government more powers to demand a recall and push the car companies to meet new safety standards.

It seems the efforts to reduce accidents caused due substandard cars, will increase the budget of the U.S. Government. Now, we have to wait and watch how viable these new rules are if they are implemented.

About Auto Relief Group
Auto Relief Group offers Car Loan Modification service, we assist car owners in renegotiating their car loan or lease, avoid repossession and maintain ownership of their vehicle by working directly with lenders to restructure loans, extend terms or reduce payments.

We provide our clients with customized reports, expert advice and negotiation assistance when restructuring their car loans.

Website :  http://www.autoreliefgroup.com
Blog    :   http://www.autoreliefgroup.wordpress.com
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Saturday, May 8, 2010

Fibonacci Killer make waves in the Forex market

A limited copies of Fibonacci Killer has been released to the public at 9.00 am EST today.

The mastermind behind Unlimited Forex Wealth & Forex Trigger strikes with the most revolutionary Trading System known to man.
Take laser targeted trades using nature’s principles to extract COLD HARD CASH from not only the currency exchange but all financial markets.

http://tradingtoollist.co.cc/trading-software/forex-syst ...

Fibonacci Killer is a feature rich system that will give you unimaginable profits.

Take a look at the amazing features of Fibonacci Killer now:

* Based on Fibonacci – principles based from nature and life.

* Leading and Powerful Signals – produces only leading signals

* Tight Stop Loss to minimize losses

* Minimized Risk – so your equity is safe

* Works on any chart, any timeframe, and broker

* Explosive Risk:Reward ratio – so your equity grows fast!

* Suitable for scalpers and swing traders

* Fits your lifestyle completely

* Great for beginners!

* Teaches you each and every aspect of trading for profit!

* World Class Support Team

* Tested on several pairs and charts

* Reliable and Consistent – works for years!

* Works on Any trading Platform (MetaTraderNinjaTraderetc)

* Super-Accurate Trading Signals

* Easy To Trade and requires no previous experience

* Works for both Commodities, Stocks and Bonds

Now, that’s a whole basket of features. The only catch is that Fibonacci Killer will be available for limited time. So, you need to be on your toes and grab a copy right now!

http://tradingtoollist.co.cc/trading-software/forex-syst ...

Traders are marching in large numbers at the website to lay their hands on Fibonacci Killer while it is still available. The servers are not able to handle such huge traffic, and have slowed down. So, act now!

Grab a copy of Fibonacci Killer at the earliest and leave all your worries at rest. Money will never be short with entry of Fibonacci Killer in your life.

You see, Michael and his team aim to excel every time, and Fibonacci Killer is no different.

Tuesday, May 4, 2010

Turning Todays' Executive Challenges into Tomorrow's Successes

Summit Consulting and Training, the UK and Bahrain based leadership and management development company has announced the launch of its specialist executive and high-potential coaching service at http://www.scottwatson.co.uk/.

The new service, which has been painstakingly developed during the past three years, is intended to help key business executives and high-potential managers maximise their effectiveness and enhance employee engagement.

More than ever before, business leaders and managers are under ever-increasing pressure to deliver more value for their company, their employees and of course eager investors.  But according to a survey of over 100 senior corporate executives undertaken by Summit, many leaders do not have access to a specialist, expert executive coach who can assist them in tackling significant business challenges more effectively and help them to develop higher levels of employee engagement.

Speaking of the launch, Scott Watson said, 'The current economic climate brings with it very different challenges than those faced during a period of economic growth or stability, and many leaders, whilst being technically brilliant, lack the very mature inter-personal skills, qualities and awareness to lead at or near their best on a consistent basis.'


But what did the survey results find?  


78% of recipients stated that they did not currently have access to an executive coach, even though they thought they would benefit from such support


84% of recipients stated that they would prefer their company to recommend executive coach support rather than initiate it themselves


73% of recipients stated that they currently did not have time to participate in an executive coaching programme


but 86% stated that they believed they would benefit significantly by participating in an executive coaching programme


Commenting on the findings of the research, Watson stated, 'It is apparent that many executives believe they can enhance their effectiveness by participating in an executive coaching programme, but they perceive the obstacle in their way is a perceived absence of time to do it.  And he believes that it is this very belief that will cause some executives to carry on as they currently are, even though they believe that their current habits and practices aren't adding best value to their employer. He continued, 'If an executive witnessed one or more of their direct reports under-performing, losing focus and not delivering the best results in terms of quality, productivity, efficiency and value, I expect the executive wouldn't think twice about addressing the person and the issue.'  

And what does Watson see as the major stumbling block for executives not committing to an executive coaching programme?  'There aren't many employees who would be brave, or foolish enough to tell their boss that they weren't performing as well as they should, and that's the reason so many executives don't receive the candid, supportive feedback they would benefit from so greatly.' he concludes.

Please visit http://www.scottwatson.co.uk/ or http://www.summittraining.co.uk/ for more information.

Tuesday, April 20, 2010

Electronic Game Card, Inc. Investor Update in lawsuit against EGMI

A deadline in the lawsuit on behalf investors in Electronic Game Card, Inc (OTC: EGMI) is coming up on April 30, 2010.  An EGMI investor has filed a lawsuit in United States District Court for the Central District of California on behalf of all persons who purchased or otherwise acquired securities of Electronic Game Card, Inc. (OTCBB.EGMI) between April 5, 2007 and February 19, 2010, alleging securities laws violations by Electronic Game Card, Inc. and others.

If you are an investor with a substantial investment/loss and if you purchased shares of Electronic Game Card, Inc. (Public, OTC:EGMI) between April 5, 2007 and February 19, 2010, you have certain options and there is a deadline coming up. Deadline: April 30, 2010. Those EGMI investors should contact the Shareholders Foundation by email mail@shareholdersfoundation.com or call +1 (858) 779 – 1554.

Electronic Game Card, Inc., located in New York, is a designer and manufacturer of a gaming device. According to the complaint the plaintiff alleges that Electronic Game Card, Inc. and certain of its executive officers violated Sections 10(b) and 20(a) of the Securities Exchange Act of 1934 by issuing between April 5, 2007 and February 19, 2010 false and misleading statements.
The Complaint alleges that on February 10, 2010, Electronic Game Card, Inc. postponed a conference call, which was slated to discuss important internal issues at Electronic Game Card, Inc.. The postponement resulted in an immediate sixteen percent drop in stock price. On February 19, 2010, Electronic Game Card, Inc. (“EGC”) announced that: (a) its independent auditors withdrew its audit opinions for EGC’s financial statements for the years ended December 31, 2006, 2007, and 2008; and (b) its financial reporting for the years ended December 31, 2006, 2007, and 2008 as well as its quarterly reports for its first three quarters of 2009 needed to be adjusted and reissued. Also on February 19, 2010, the United States Securities and Exchange Commission halted trading in EGC securities. As a result, class members have suffered substantial damages and their shares are currently illiquid.  Shares of Electronic Game Card, Inc. (Public, OTC:EGMI) traded recently at $0.88 per share, down from its 52weekHigh of $2.24 per share.

Those who purchased shares of Electronic Game Card, Inc. (Public, OTC:EGMI) between April 5, 2007 and February 19, 2010, have certain options and there are strict and short deadlines running. Deadline: April 30, 2010. Those EGMI investors should contact the Shareholders Foundation by email mail@shareholdersfoundation.com or call +1 (858) 779 – 1554.

Tuesday, April 13, 2010

Boston Scientific Corporation hit by investor lawsuit

An investor in Boston Scientific Corporation (Public, NYSE:BSX) filed a lawsuit in United States District Court for the District of Massachusetts on behalf of purchasers of Boston Scientific Corporation (NYSE: BSX) common stock during the period between April 20, 2009 and March 12, 2010, alleging violations of federal securities laws by Boston Scientific Corp. and others.

If you purchased Boston Scientific Corporation (NYSE: BSX) common stock during the period between April 20, 2009 and March 12, 2010, you have certain options and there are strict and short deadlines running. Deadline: June 07, 2010. Those BSX investors and current long term BSX shareholders should contact the Shareholders Foundation, Inc by email at mail@shareholdersfoundation.com or call +1(858) 779 – 1554.

Boston Scientific Corporation, located in Natick, Massachusetts, is a developer, manufacturer and marketer of medical devices that are used in a range of interventional medical specialties, including cardiac rhythm management, electrophysiology, interventional cardiology, peripheral interventions, neurovascular, endoscopy, urology, women’s health and neuromodulation. Boston Scientific Corporation reported in 2007 Total Revenue of $8.357billion, in 2008 $8.05billion, and in 2009 $8.188billion.
According to the complaint the plaintiff alleges that BSX and certain of its officers and directors violated the Securities Exchange Act of 1934 by issuing between April 20, 2009 and March 12, 2010, materially false and misleading statements regarding its business and prospects.

Then on March 15, 2010, before the market opened, Boston Scientific Corp. announced that it was suspending sales of and was recalling all of its implantable cardiac defibrillator and implantable cardiac resynchronization therapy defibrillator devices because it had changed the manufacturing process for the devices without obtaining FDA approval. On this news, so the lawsuit, Boston Scientific Corp. (BSX) shares dropped 12.6%, to close at $6.80 per share, on volume of 243 million shares.
Shares of Boston Scientific Corporation (BSX) traded recently at $6.97 per share, down from its 52weekHigh of $11.77 per share, over $14 per share in 2008, over $18 per share in 2007, and over $26 in 2006.

Those who purchased Boston Scientific Corporation (NYSE: BSX) common stock during the period between April 20, 2009 and March 12, 2010, have certain options and there are strict and short deadlines running. Deadline: June 07, 2010. Those BSX investors and current long term BSX shareholders should contact the Shareholders Foundation, Inc by email at mail@shareholdersfoundation.com or call +1(858) 779 – 1554.

Wednesday, March 24, 2010

CNX Gas Corporation takeover under investigation for investors

CNX Gas Corporation faces multiple investigations on behalf of current investors in CNX Gas Corporation (Public, NYSE:CXG) concerning shareholder claims over possible breaches of fiduciary duty by the board of directors of CNX Gas Corporation (Public, NYSE:CXG) was announced.

If you currently hold shares of CNX Gas Corporation (NYSE:CXG), you have certain options and you should contact the Shareholders Foundation, Inc by email at mail@shareholdersfoundation.com or call +1 (858) 779 – 1554.

The investigations by law firms focus on potential breaches of fiduciary duty and other violations of state law by the Board of Directors of CNX Gas Corporation arising out of their attempt to sell CNX Gas Corp to CONSOL Energy, Inc. CNX Gas Corporation, located in Pittsburgh, PA, is engaged in the exploration, development, production and gathering of natural gas primarily in the Appalachian and Illinois Basins. CNX Gas Corporation reported in 2007 Total Revenue of $479.48million with a Net Income of $135.68million, in 2008 Total Revenue of $789.42million with a Net Income of $239.07million, and in 2009 Total Revenue of $683.44million with a Net Income of $164.46million.
On March 21, 2010, CONSOL Energy Inc announced that it had entered into an agreement to purchase the remaining shares of CNX Gas Corporation that it does not currently own. ONSOL Energy currently owns approximately 83.3% of the approximately 151 million shares of CNX Gas common stock outstanding. According to the agreement, CONSOL Energy Inc will pay $38.25 per CXG share for the 9.5 million shares that are currently owned by investment advisory clients of T. Rowe Price Associates, Inc. and CONSOL Energy agreed to commence a tender offer for the remaining outstanding shares of CNX Gas Corp. by May 5, 2010 at a price of $38.25 per share. According to CONSOL Energy Inc the offer represents a 24% premium over the closing price on March 19, 2010. Shares of CNX Gas Corporation traded after the announcement at $38 per share, and at $31 per share days before the news.

CXG shares reached over $41 per share in 2008, and closed at $35.45 as recently as October 20, 2010.

According to one investigation by a law firm “the transaction appears to be unfair” to current investors of CNX Gas Corporation (NYSE:CXG) because the “offer to purchase the remaining shares of CNX Gas Corporation (CXG) at $38.25 per share appears is grossly unfair, inadequate, and substantially below the fair or inherent value of CXG”. The investigations concern “whether the CNX Gas Corp. Board of Directors breached  their fiduciary duties to CNX Gas Corporation (CXG) shareholders by failing to adequately shopped CNX Gas Corporation before entering into the proposed transaction and whether CONSOL Energy Inc may be underpaying for CNX Gas Corporation (CXG), thus unlawfully harming CXG shareholders”.  

Those who currently hold shares of CNX Gas Corporation (NYSE:CXG), have certain options and should contact the Shareholders Foundation, Inc by email at mail@shareholdersfoundation.com or call +1 (858) 779 – 1554.

Source: http://www.prlog.org/10590810-cnx-gas-corporation-takeover-under-investigation-for-investors.html

Monday, March 22, 2010

Medivation, Inc. Long Term Shareholder Investigation

A MDVN investor filed a lawsuit on behalf of purchasers of Medivation, Inc. (NASDAQ:MDVN) common stock during the period between July 17, 2008 and March 2, 2010, against Medivation, Inc. Meanwhile an investigation on behalf of current long term investors in Medivation, Inc. (NASDAQ:MDVN) was announced.

If you are a current long term investor in Medivation, Inc. (NASDAQ:MDVN) common stock, you have certain options and you should contact the Shareholders Foundation, Inc. by email at: mail@shareholdersfoundation.com  or at: +1 (858) 779 – 1554

Medivation, Inc., located in San Francisco, California, is a biopharmaceutical company with small molecule drugs in clinical development to treat three medical needs: Alzheimer’s disease, Huntington’s disease and castration-resistant prostate cancer. According to the complaint filed in in the United States District Court for the Northern District of California the plaintiff alleges that Medivation, Inc. and certain of its officers and directors violated the Securities Exchange Act of 1934 by issuing between  July 17, 2008 and March 2, 2010 false and misleading statements regarding its drug Dimebon. Then, on March 3, 2010, before the market opened, defendants were forced to publicly disclose that Dimebon did not meet primary and secondary goals in a Phase 3 trial for patients with mild to moderate Alzheimer’s disease, and as a result of this news, Medivation’s stock plummeted $27.15 per share to close at $13.10 per share on March 3, 2010 – a one-day decline of 67%, so the lawsuit. Shares of Medivation, Inc. (NASDAQ:MDVN) continued to decline from its 52weekHigh of $40.49 per share to $12.10 per share on Tuesday, March 09, 2010.

Those who are current long term investors in Medivation, Inc. (NASDAQ:MDVN) common stock, have certain options and should contact the Shareholders Foundation, Inc. by email at: mail@shareholdersfoundation.com  or at: +1 (858) 779 – 1554

Source: http://www.prlog.org/10586773-medivation-inc-long-term-shareholder-investigation.html

Sunday, March 21, 2010

Trading Forex Options and Options On Currency ETFs

Predictably, the 3G auctions have attracted only existing 2G players -- Aircel, Bharti, Etisalat, Idea, Reliance Telecom, S Tel, Tata Teleservices, Vodafone and Videocon Telecom -- with not a single new entrant, global or Indian, in the list.

TOI was the first to predict, way back on August 12, 2008, that new players would probably stay away from the 3G auctions after the auctions were first announced. Even after the guidelines were revised for the 2010 auctions, the barriers for new entrants remained unchanged. The absence of global bidders is likely to ensure that the bidding will be conservative, and probably lower than the ambitious Rs 40,000 crore revenue target first announced by telecom minister A Raja.

The BWA list has four new players -- Augere, Tikona Wireless, Infotel Broadband Services and The foreign exchange market is much larger than then equity markets although unlike equity (stock) options the currency option market is mainly Over The Counter (OTC). A global futures broker such as Enfinium International provides access to options on currency futures. However if your broker doesn’t support futures or options on futures you can still gain derivative exposure by trading options on currency exchange traded funds (ETFs), such as issued by Rydex CurrencyShares.

For example, if one wanted to take a bearish position on the AUD relative to the USD, then you could to do so via an Australian Dollar CurrencyShare ETF which trades with ticker code FXA. The CurrencyShares Australian Dollar Trust is designed to track the price of the Australian Dollar net of Trust expenses, which are expected to be paid from interest earned on the deposited Australian Dollars. www.etffunds.com.au provides a complete list of forex ETFs.
 
Various bearish strategies are:-

1.   Short the underlying
2.   Long put
3.   Bear call spread
4.   Bear put spread
5.   Ratio put spread
6.   Put time spread

The basic component of most bearish options strategies are put options. Put options changed the way traders profit when a stock goes down as there is no need to sell short, which resulted in a margin requirement. Previously, profiting when a stock dropped in price only happened when you short sold the stock itself. When shorting, margin is held to cover any potential risk with an adverse price move.

In summary currency ETFs are used to gain exposure to the world’s largest financial market – the forex market. If a trader is looking to take a speculative or hedged position on a currency, one can do so using a currency ETF.

Source: http://www.prlog.org/10585881-trading-forex-options-and-options-on-currency-etfs.html

Sunday, March 14, 2010

‘Smart Trade Group’- Worldwide Economics

Sources close to “Smart Trade Group” suggest that recent comments from a high-ranking Chinese official stating that gold is not considered to be a “primary investment” for China as it diversifies its $2.4trillion of foreign currency reserves should be taken with the proverbial pinch of salt.

The reasons given, including the fact that a much higher price would hurt Chinese consumers of gold, were called “implausible” by one of the sources who cited the fact that China is the world’s largest producer of gold and second only to India as a consumer.

The Asia-based private fund believes that the comments may be aimed at talking down the price in preparation for a large purchase and a “Smart Trade Group” analyst suggested that the comments echo those of George Soros, the billionaire hedge fund manager who described gold’s recent rises in price as a bubble whilst simultaneously increasing his fund’s holdings in the SPDR Gold ETF by $700 million.

‘Smart Trade Group’ still consider gold to be the ultimate hedge against global measures to combat the effects of the recession and urged clients to retain their holdings.

Source: http://www.prlog.org/10574230-smart-trade-group-worldwide-economics-chinas-comments-on-gold.html

Wednesday, March 10, 2010

FXCM Introduces Mobile Forex Trading

FXCM, (www.fxcm.com) one of the world’s largest online forex brokers, has introduced a beta version of its mobile trading platform. Available for iPhone, BlackBerry, and Windows Mobile phones, FXCM’s mobile Trading Station II provides forex trading anytime and anywhere.*

FXCM Mobile TSII gives traders the ability to keep track of their account (balance, equity, and margin), place trades, manage positions, watch breaking market news, and view real-time 5 minute charts. Similar to FXCM’s award winning desktop trading platform, FXCM Mobile allows traders to quickly react to changing market conditions.

“Forex is about capturing opportunities in a 24-hour trading environment. Even today, in our increasingly connected digital world, people spend a significant amount of time away from their desktop. Now they can easily stay on top of the market while away from their computer,” said Michael Buzzeo, vice president of marketing at FXCM. “We are launching our mobile trading platform and a suite of supporting tools to enable traders to get vital information and be able to act on it regardless of location, 24 hours a day. FXCM Mobile users can set mobile alerts through DailyFX.com as well as view rates, explore a daily economic calendar and watch forex videos to help gauge where the market is heading.”

FXCM Standard and Micro account holders can begin mobile trading immediately using their existing username and password. To learn more about FXCM’s full mobile offerings, and to download FXCM’s Mobile trading application now, click here: http://www.fxcm.com/fxcm-mobile-forex.jsp?CMP=SFS-701600 ...

As this is the beta version of the product, please be sure to review the execution risks. FXCM welcomes all client feedback as we continue to make improvements to the product.
To get FXCM and DailyFX on your mobile device now, click here: http://mobile.fxcm.com/ or http://mobile.dailyfx.com/.

Source: http://www.prlog.org/10568621-fxcm-introduces-mobile-forex-trading.html

Monday, March 8, 2010

Electronic Game Card, Inc. hit by investor lawsuit

An investor in Electronic Game Card, Inc. (Public, OTC:EGMI) filed a lawsuit in United States District Court for the Central District of California on behalf of all persons who purchased or otherwise acquired securities of Electronic Game Card, Inc. (OTCBB.EGMI) between April 5, 2007 and February 19, 2010, against Electronic Game Card, Inc.

If you are purchased shares of Electronic Game Card, Inc. (Public, OTC:EGMI) between April 5, 2007 and February 19, 2010, you have certain options and there are strict and short deadlines running. Deadline: April 30, 2010. Those EGMI investors should contact the Shareholders Foundation at:

mail@shareholdersfoundation.com or at: +1 (858) 779 – 1554

According to the complaint the plaintiff alleges that Electronic Game Card, Inc. and certain of its executive officers violated Sections 10(b) and 20(a) of the Securities Exchange Act of 1934 by issuing between April 5, 2007 and February 19, 2010 false and misleading statements.
The Complaint alleges that on February 10, 2010, Electronic Game Card, Inc. postponed a conference call, which was slated to discuss important internal issues at Electronic Game Card, Inc.. The postponement resulted in an immediate sixteen percent drop in stock price. On February 19, 2010, Electronic Game Card, Inc. (“EGC”) announced that: (a) its independent auditors withdrew its audit opinions for EGC’s financial statements for the years ended December 31, 2006, 2007, and 2008; and (b) its financial reporting for the years ended December 31, 2006, 2007, and 2008 as well as its quarterly reports for its first three quarters of 2009 needed to be adjusted and reissued. Also on February 19, 2010, the United States Securities and Exchange Commission halted trading in EGC securities. As a result, class members have suffered substantial damages and their shares are currently illiquid. Electronic Game Card, Inc., located in New York, is a designer and manufacturer of a gaming device. The gaming device is marketed under the name of EGC Electronic GameCard referred to as GameCard. The shape of a pocket GameCard is approximately the size of a credit card, operated electronically by touch and incorporating a microchip and liquid crystal display (LCD) screen showing numbers or icons. EGC designs its GameCards to play game types, formats and prize structures as required by its customers and is building a software library of generic game formats of themes.
Electronic Game Card reported in 2007 Total Revenue of $6.04million with a Net Income of $3.46million and in 2008 Total Revenue of $10.65million with a Net Income of $6.27million. Shares of Electronic Game Card, Inc. (Public, OTC:EGMI) traded recently at $0.88 per share, down from its 52weekHigh of $2.24 per share.

Source: http://www.prlog.org/10559775-electronic-game-card-inc-hit-by-investor-lawsuit.html

Thursday, March 4, 2010

Novell, Inc. Investor Alert: Offer under investigation

An investigation on behalf of current long term shareholders in Novell, Inc. (Public, NASDAQ:NOVL) concerning shareholder claims over potential breaches of fiduciary duty and other violations of state law in connection with an alleged unfair takeover was announced.

If you are a currently a long term investor in shares of Novell, Inc. (NASDAQ:NOVL)
and / or if you have additional information relating the investigation, you have certain options and you should contact the Shareholders Foundation at:

mail@shareholdersfoundation.com or at: +1 (858) 779 – 1554

The investigations by law firms focus on potential breaches of fiduciary duty and other violations of state law arising out of the offer to sell Novell, Inc. (NASDAQ:NOVL) to Elliott Associates, L.P. Novell, Inc., located in Waltham, MA, develops, sells and installs enterprise software that is positioned in the operating systems and infrastructure software layers of the information technology industry. On March 02, 2010 Novell, Inc. (Nasdaq: NOVL) confirmed that it has received an unsolicited, conditional proposal from Elliott Associates, L.P. to acquire Novell, Inc for $5.75 per share in cash, which implies an enterprise value net of cash of $1.0 billion. According to Elliott Associates, L.P. and Elliott International, L.P the price represents a premium of 49% over Novell’s current enterprise value and 77% over its 90-day volume-weighted average enterprise value; the price represents a premium of 115% over Novell’s value on January 4, 2010, the last trading day before to Elliott Associates, L.P. and Elliott International, L.P commenced actively acquiring Novell's common stock; and the price also represents a 37% premium to Novell's closing stock price on January 4, 2010 and a 20% premium to Novell's closing stock price yesterday.

But according to one investigation by a law firm “the transaction appears to be unfair” to current investors of Novell, Inc. (Public, NASDAQ:NOVL) because the offer is “grossly unfair, inadequate, and substantially below the fair or inherent value of NOVL shares”.

Shares of Novell, Inc. (NASDAQ:NOVL) traded in after hours at $5.99 per share, thus above the proposed offer. NOVL shares traded at almost $5 per share as early as in Feb 2010, at $6.43 in August 08, at $7.08 in May 2008, at $7.45 in Feb. 2008, and at almost $10 per share in 2006.

The investigation “concerns, among other things, further whether Elliott Associates, L.P. may be underpaying for Novell, Inc. (NOVL), thus unlawfully harming NOVL shareholders”.

Source: http://www.prlog.org/10556630-novell-inc-investor-alert-offer-under-investigation.html