Monday, November 05, 2007
Late Night Observation
Adjusted net income, which excludes certain one-time costs, is expected to range from $13.8 million, or 20 cents per share, and $14.8 million, or 21 cents per share.
Analysts surveyed by Thomson Financial, who typically exclude one-time items, forecast third-quarter earnings of 13 cents per share.
They hold back metals, that's why.
If you are smart, grab SWC while it is cheap and while PGM metals are hot.
As XFML IIG MVIS HANS VMI and other FLY holdings soar, all that talk of 'quitting blogging' will fade faster than Jim Cramers hairline. Odd No ?
That isn't "hoarding" as defined by any dictionary I've ever seen.
then swap SWC for XFML while they are still the same price .. they're going in opposite directions
hoarding metal? don't kid yourself ... I suppose they've been hoarding metal since thier $9.50 IPO in 1994 . SWC closed that year at $10.00. Talk about dead money .. no pulse whatsoever.
Platinum is up 500% since then ...your precious palladium is up maybe 10% .. Gold is up almost 300% along with silver & SWC is down in that same period of time.
They suck JJ ... move on already. Don't go down with that ship. Not worth it. Save yourself. Do it for your mommy.
Why would you do that?
Does it appear that the Fly is lightening his positions in a pre-turkey head fake to his minions, by announcing such asshat-type predictions?
I hope you stick around, but whether or not you do aint gonna change a goddamn thing. China, India, Brazil, fucking Argentina and Africa..the world economies are on fucking fire, and I got news for Dougie Kass and Fleck and the other asshats who preach their doom and gloom bullshit nonsense -the US is gaining some MO too now. Markets are as cheap as they've been in decades, and there's plenty of fucking opportunities to put money to work. Let the assholes try to gain their 5% on dips. These motherfuckers will be buried soon enough. Stick around Fly. Things are about to get fun. Off to drink 6th Corona......developing
Broker for what its worth i like your blog and think it would be a shame if you closed it.
"jj - look at the financial statements and figure out the net $ change in SWC inventory during the quarter."
You made good observation, but not good point.
SWC sold less platinum than it produced during Q3. That is my definition of holding back and hoarding.
Now on the balance sheet, it shows dollar values of inventory, not ounces. Look at metal price history. On June 30 palladium was actually much higher than on Sep 30. So the inventory on Sep 30 may be lower in dollar terms but it's actually more metal. Of course by today the value of the same metal is much higher.
If you're going to quit blogging, you should quit at the top not at a point in time when you got your ass handed to you in NTRI and BWLD. Where's your sense of pride, man?
You can tell me to fuck off now.
"The Fly's" level of success is measured in real terms, as opposed to internet bullshit.
I've made more money than you this year, despite owning BWLD from 18 fucking dollars.
That's right, 18. Look it up.
In short, "The Fly" marches to his own beat, not the radio speaker shit you have.
"The Fly" is never upset.
He chuckles, not laughs, while posting internet spears.
In general, uptight people are unable to decipher tongue in cheek humor from serious "I'll kill you" jargon.
And the 1100 ounces "hoarded" in Q3 doesn't quite offset the 15,000 ounces of negative "hoarding" in Q2.
I guess they just wanted to pay a lot of taxes in Q2.
Can't believe I'm in a back and forth with a troll. Is this my 3rd day in the internets tubes?
No more. Apologies to Fly for flinging feces back and forth in his comments.
again SWC listed the inventory in dollar terms. It looks like less at the end of Q3 than Q2 but that's only because metal prices were higher on Jun 30 than Sep. 30. The actual amount of metal is more.
They produced more platinum than they sell in Q3. So how do you otherwise explain the difference? Some one steal the metal?
Well, I drive a Lexus, have a hot wife and three beautiful children.
I have multiple real estate properties, aside from my investment company, and have a net worth much greater than you, all at the tender age of 31.
Also, SLE is a Martha Stewart bitch stock.
Man up son-- get with stocks that require testosterone.
Considering I have more than doubled my money in HANS this year, comparing it to any of your picks is meaningless.
In short, I'm better than you and I spit on your Range Rover.
PS: Why didn't you guest blog this weekend?
I go oversea and there's talk of incipient closure?
Just because I have trouble getting internets connextions?
Let's say I refuse to believe you will allow Mr. Belvedere to dance on your grave and claim "winnings."
(And you know he will, first thing.)
Much, much too humiliating for a kid from Crooklyn.
If I respond sporadically, it's because there's a palm frond in the internets, and the rastahs are not up yet.
Carry on, One Love style.
They beach tomorrow and I may have to cut back my allocation of Dark & Stormies to 7 come 11.
Now that you let the cat out of the bag, quit haggling me.
What do you want?
How about a special link whoring to your 4th tier blog tomorrow?
I agree with HANS.
It's priced for perfection. You just starting reading this blog. I've been touting it since the 20's.
MVIS is a double.
MCGL (have 50,000 shares of this sucker)
Yesterday you should have dumped your XFML and buy SWC at price parity. Today SWC is up more than 50 American cents and XFML is up a very thick Chinese Penny.
The rally in precious metals are incredible! Check it out at APMEX.COM
The growth potential of FSLR is capped by extremely limited tellurium supply of the world. When they run out of the world's tellurium, they have to shut down production. Tellurium is more scare than platinum and palladium.
Call me a tellurist if you want, my favorite metal is now tellurium. If you have as much money as you boast, you can short FSLR and single handedly knock down this $12B company, buy simply spend some of your coins to hoard up tellurium. You could make 100 folds on your tellurium hoard as well. No kidding.
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