- My Forums
- Tiger Rant
- LSU Recruiting
- SEC Rant
- Saints Talk
- Pelicans Talk
- More Sports Board
- Fantasy Sports
- Golf Board
- Soccer Board
- O-T Lounge
- Tech Board
- Home/Garden Board
- Outdoor Board
- Health/Fitness Board
- Movie/TV Board
- Book Board
- Music Board
- Political Talk
- Money Talk
- Fark Board
- Gaming Board
- Travel Board
- Food/Drink Board
- Ticket Exchange
- TD Help Board
Customize My Forums- View All Forums
- Show Left Links
- Topic Sort Options
- Trending Topics
- Recent Topics
- Active Topics
Started By
Message
1
Posted on 5/22/15 at 9:51 pm to GenesChin
quote:There's no way I could have made it in this stock as long as the rest of you. I'll take my much smaller profits and accept that fact.
I always think I like roller coasters but I like the anticipation as you go up then get sick and nauseous otherwise
Posted on 5/26/15 at 7:43 am to jturn17
People are laffy. Up to $8.24 pre market on news everyone already knew. How many of you guys followed my lead and bought fully $2 below NYSE Mkt in Johannesburg? I just cannot believe this hasn't been exploited more. It's still hanging out there, fully fungible T+5.
Laffy taffy. Easy money.
Laffy taffy. Easy money.
Posted on 5/26/15 at 1:16 pm to Iowa Golfer
quote:
People are laffy. Up to $8.24 pre market on news everyone already knew. How many of you guys followed my lead and bought fully $2 below NYSE Mkt in Johannesburg? I just cannot believe this hasn't been exploited more. It's still hanging out there, fully fungible T+5.
Laffy taffy. Easy money.
No concerns about the lack of public float? right around 5%?
also, no analyst coverage and no real institutional ownership.
seems ripe for some manipulation/pump and dump....
This post was edited on 5/26/15 at 1:17 pm
Posted on 5/26/15 at 1:22 pm to whodatigahbait
quote:
seems ripe for some manipulation/pump and dump....
If this were the case, they've done an awfully bad job of pumping
Posted on 5/26/15 at 1:49 pm to whodatigahbait
quote:
also, no analyst coverage
If you listen to their previous few conference calls, you'll notice quite a few capital firms and Wells Fargo were asking questions. They have generated some interest
quote:
no real institutional ownership.
There are rules for many funds on what they can own. Now that ERN had the reverse split and has spent time trending up, it will open doors that were previously closed. Need to wait to be listed though which is a process
Additionally, there is some small institutional ownership and PIC from South Africa should be in that count as well
Posted on 5/26/15 at 1:55 pm to GenesChin
PIC wouldn't be small. It would be significant. And with respect to the poster's concerns, PIC's shares are now registered, so this would be something to be aware of.
Posted on 5/26/15 at 1:59 pm to Iowa Golfer
quote:
PIC wouldn't be small. It would be significant. And with respect to the poster's concerns, PIC's shares are now registered, so this would be something to be aware of.
that's one institution in Africa...if this is such a great buying opportunity, where is the "smart money"...you can't tell me that the only people that realize the upside is a bunch of hacks talking on an LSU message board....which begs the questions....is there really upside? or is it a fraud....
Posted on 5/26/15 at 2:58 pm to whodatigahbait
Probably a fraud.
Vanguard Group, Inc., Royal Bank of Canada, Shufro, Rose & Co., LLC, Cutter & Co. Brokerage, Inc.,
LPL Financial Corporation, Barclays PLC, Wells Fargo & Company, Morgan Stanley, Pine River Capital Management, L.P., Bank of America Corporation, Vanguard Total Stock Market Index Fund, & Vanguard Extended Market Index Fund all own. Small amounts.
Probably a fraud. We all should probably stick to the fantasy stock game because that pays better, and there is no risk, and it is much more fun.
Vanguard Group, Inc., Royal Bank of Canada, Shufro, Rose & Co., LLC, Cutter & Co. Brokerage, Inc.,
LPL Financial Corporation, Barclays PLC, Wells Fargo & Company, Morgan Stanley, Pine River Capital Management, L.P., Bank of America Corporation, Vanguard Total Stock Market Index Fund, & Vanguard Extended Market Index Fund all own. Small amounts.
Probably a fraud. We all should probably stick to the fantasy stock game because that pays better, and there is no risk, and it is much more fun.
Posted on 5/26/15 at 3:00 pm to Iowa Golfer
Bunch of hacks talking. Some of them even posting from their employer's computers, during their employer's time.
Posted on 5/26/15 at 3:04 pm to Iowa Golfer
quote:
Vanguard Group, Inc., Royal Bank of Canada, Shufro, Rose & Co., LLC, Cutter & Co. Brokerage, Inc.,
LPL Financial Corporation, Barclays PLC, Wells Fargo & Company, Morgan Stanley, Pine River Capital Management, L.P., Bank of America Corporation, Vanguard Total Stock Market Index Fund, & Vanguard Extended Market Index Fund all own. Small amounts.
You clearly don't understand what an institutional owner is.
Everything I put in bold is not the asset management division of said firm, but rather their brokerage division. Those are shares held somewhere in a RETAIL account that are reported through the firms 13-F filing.
As far as Vanguard, they are an index company so have to own everything. only real owner is Pine River and they own a whopping 25K shares. Good luck.
Posted on 5/26/15 at 3:32 pm to whodatigahbait
Yeah, you're probably right. Except this is how the SEC defines those required to complete a 13F:
"In general, an institutional investment manager is: (1) an entity that invests in, or buys and sells, securities for its own account; or (2) a natural person or an entity that exercises investment discretion over the account of any other natural person or entity. Institutional investment managers can include investment advisers, banks, insurance companies, broker-dealers, pension funds, and corporations."
If your definition was correct, e trade and IB would need to report my several hundred thousand shares correct? So why may I ask aren't they on this list? I'll answer it for you, they don't exercise discretion over my account(s).
So by the SEC's definition what I gave you is institutional and major holder ownership.
"In general, an institutional investment manager is: (1) an entity that invests in, or buys and sells, securities for its own account; or (2) a natural person or an entity that exercises investment discretion over the account of any other natural person or entity. Institutional investment managers can include investment advisers, banks, insurance companies, broker-dealers, pension funds, and corporations."
If your definition was correct, e trade and IB would need to report my several hundred thousand shares correct? So why may I ask aren't they on this list? I'll answer it for you, they don't exercise discretion over my account(s).
So by the SEC's definition what I gave you is institutional and major holder ownership.
Posted on 5/26/15 at 3:33 pm to whodatigahbait
Wells Fargo has an analyst who has been chiming in. Again, the real question will be will there be interest when they list on NYSE big board. Until then, not many institutional investors have the freedom to invest
I put PIC in the institutional investors category not saying they are small
I put PIC in the institutional investors category not saying they are small
Posted on 5/26/15 at 3:38 pm to Iowa Golfer
quote:
eah, you're probably right. Except this is how the SEC defines those required to complete a 13F:
"In general, an institutional investment manager is: (1) an entity that invests in, or buys and sells, securities for its own account; or (2) a natural person or an entity that exercises investment discretion over the account of any other natural person or entity. Institutional investment managers can include investment advisers, banks, insurance companies, broker-dealers, pension funds, and corporations."
If your definition was correct, e trade and IB would need to report my several hundred thousand shares correct? So why may I ask aren't they on this list? I'll answer it for you, they don't exercise discretion over my account(s).
So by the SEC's definition what I gave you is institutional and major holder ownership.
You are correct that a 13-F is discretionary; HOWEVER, I must re-iterate that those shares are in RETAIL discretionary ACCOUNTS not INSTITUTUIONAL. You can check major holders of companies and many times it will list BOTH Deutsche Bank Brokerage AND Deutsche Bank Asset Management as holders (and any other wirehouse will be listed twice for that matter). I re-iterate these are not institutional PMs that are buying this but retail accounts (mom and pops) that happen to be in a discretionary account. Best example of that is LPL they don't even have a AM arm only independent retail FAs.
Do you understand the difference yet? Or are you going to continue to argue with me (and be wrong)
Posted on 5/26/15 at 3:41 pm to GenesChin
He's picking certain portions and definitions to further his own argument. You see how he didn't grasp the importance of unregistered shares now being registered? I was actually agreeing with that portion of his post, and in his rush to argue he didn't get it. He then went on to imply all retail accounts need to be on financial institutions 13F's. They don't, only when they exercise discretion over these retail accounts do they need to report this. Because that is then institutional control, not typical retail where the customer makes decisions.
If he was accurate, and you and looked at APL's major holders and institutional ownership, Interactive Brokers, Scott Trade, Etrade, ad infinitum would all be top holders. Except they're not.
If he was accurate, and you and looked at APL's major holders and institutional ownership, Interactive Brokers, Scott Trade, Etrade, ad infinitum would all be top holders. Except they're not.
Posted on 5/26/15 at 3:41 pm to GenesChin
quote:
Wells Fargo has an analyst who has been chiming in. Again, the real question will be will there be interest when they list on NYSE big board. Until then, not many institutional investors have the freedom to invest
I put PIC in the institutional investors category not saying they are small
This is irrelevant. You can go look at LEK a much smaller AIM London listed Nigerian Oil company (10% the size) that isn't even listed in the US that has robust blue chip institutional ownership. Big institutions could own it now if they want or at any point. They choose not to. Why? I have no idea, but something doesn't smell right with this company. Again, if it were that great major players would be involved.
Posted on 5/26/15 at 3:49 pm to Iowa Golfer
quote:
He's picking certain portions and definitions to further his own argument. You see how he didn't grasp the importance of unregistered shares now being registered? I was actually agreeing with that portion of his post, and in his rush to argue he didn't get it. He then went on to imply all retail accounts need to be on financial institutions 13F's. They don't, only when they exercise discretion over these retail accounts do they need to report this. Because that is then institutional control, not typical retail where the customer makes decisions.
If he was accurate, and you and looked at APL's major holders and institutional ownership, Interactive Brokers, Scott Trade, Etrade, ad infinitum would all be top holders. Except they're not.
I agree with you are saying about Interactive, Scott trade, etc.not every share in every account is reported on a 13-F, only those in discretionary accounts.
However, the point you are missing is that a retail financial advisor can have discretion over an account.The shares Morgan Stanley for example is reporting are those shares held in a retail discretionary account at the Morgan Stanley Broker/Dealer, not at Morgan Stanley's Asset Management Division which i would constitute as a legitimate institutional holder. Again discretionary does not necessarily equal institutional ownership.
You saying that that because Morgan Stanley is listed as a "holder" means they have institutional owners is ludicrous.
Posted on 5/26/15 at 3:49 pm to whodatigahbait
Dude, you're late to the party. We already known the CEO is a Clinton bundler, an Obama donor and connected to a gold smuggling scheme in the Congo. We know a Clinton cabinet member is getting rich on his board.
I only have a couple of hundred thousand shares. I know the risk. It is an acceptable percentage of my speculative portfolio. Not all of it, but a percentage. And my original investment has already been guaranteed as I took it out some time ago. So what's the big deal? You trying to sell me your financial adviser services? Because if you are, I ain't buying.
Iowa. B1G > SEC.
Laffy.
I only have a couple of hundred thousand shares. I know the risk. It is an acceptable percentage of my speculative portfolio. Not all of it, but a percentage. And my original investment has already been guaranteed as I took it out some time ago. So what's the big deal? You trying to sell me your financial adviser services? Because if you are, I ain't buying.
Iowa. B1G > SEC.
Laffy.
Posted on 5/26/15 at 3:56 pm to Iowa Golfer
And further, hedge funds never need to report on a 13F. I had thought they changed this, but I guess douche bag Democrats don't understand what they legislate, because they ain't reporting. Neither do specialists that are acquiring. And both have been. Easy to see by anyone who understands burst basket orders, how they are routed and where they are coming from. Sneaky little devils both of em.
Anyway, I was never arguing huge institutional ownership. I was arguing per the SEC's definitions there is institutional ownership. And I can tell you Wells Fargo's high net worth client group owns a bunch, and it isn't on the list. And someone has been buying in small well timed chunks on IEX dark pool, trying not to get noticed. A couple other dark pool probes as well.
But what do I know? I'm just some shmuck in Iowa. For all anyone knows on here, I might not own any ERN.
Anyway, I was never arguing huge institutional ownership. I was arguing per the SEC's definitions there is institutional ownership. And I can tell you Wells Fargo's high net worth client group owns a bunch, and it isn't on the list. And someone has been buying in small well timed chunks on IEX dark pool, trying not to get noticed. A couple other dark pool probes as well.
But what do I know? I'm just some shmuck in Iowa. For all anyone knows on here, I might not own any ERN.
Posted on 5/26/15 at 4:05 pm to Iowa Golfer
quote:
But what do I know? I'm just some shmuck in Iowa. For all anyone knows on here, I might not own any ERN.
This.
Page 6 of 26
Back to top
Follow TigerDroppings for LSU Football News