Agoracom Blog

AGORACOM Financial News TV – Breaking Small-Cap And Micro-Cap Financial News At The Open (Sept 22/08)

Posted by AGORACOM at 9:27 AM on Monday, September 22nd, 2008

Good morning to you all. Please find enclosed a summary of the breaking small-cap and micro-cap financial news we highlighted on our TV show this morning. It’s September 22nd and we’ve found 4 great press releases and stock halts from both sides of the border to report on at the open. Another great day for small-cap and micro-cap financial news.

If you are new to the show, it is a daily, fast-paced, edgy report that we put out at or before the open everyday that strictly reports on the best small cap and micro cap news of the day in 3-5 minutes. You can watch AGORACOM TV right from our home page .

If you miss an episode or want to search for your company in our archive, you can visit our industry leading Small-Cap Podcast site at any time:

If you want to subscribe to our Small-Cap RSS Feed and download our podcast everyday via iTunes, or your favourite podcatcher, just use the following:

As always, don’t forget to visit the AGORACOM Marketplace where we list compelling summaries for over 85 great small-cap and micro-cap companies that you can sort by exchange and industry to suit your personal investing tastes.

TODAY’S SMALL-CAP AND MICRO-CAP BREAKING FINANCIAL NEWS BEFORE THE OPEN

Our daily show focuses on content over form so that you can get profitable information into your hands as fast as possible. The same holds true for these entries in our small-cap, micro-cap news blog, where I simply cut and paste my TV notes for your benefit, without any editing, so don’t give me a hard time! 🙂

Now, onto our show notes for the day.

** Denotes an AGORACOM Client. AGORACOM TV Only Reports News From AGORACOM Clients That Meets The Same Newsworthy Threshold Of All Other Press Releases.

Posted in AGORACOM Small-Cap TV, All Recent Posts | Comments Off on AGORACOM Financial News TV – Breaking Small-Cap And Micro-Cap Financial News At The Open (Sept 22/08)

NY Times Reports Landlines Out, Swedes Discover Brain Cancer In

Posted by AGORACOM at 7:18 PM on Sunday, September 21st, 2008

Talk about tragic irony. Read these headlines (and related articles) released on September 20 and 21 respectively:

– Users Are Tossing Their Landlines Overboard

-  Mobile Phone Use Raises Children’s Risk Of Brain Cancer 5 Fold.

Scary. Technology is great but this serves as an example of what can happen when we blindly rush into it.

I love technology as much as anyone but my kids won’t have (or need) anything more than a simple text messaging device.

Hat-tip to Rob Hyndman for discovering the latter study.

Regards,
George

Posted in All Recent Posts, Off-Topic, Web 2.0, 3.0, ... | Comments Off on NY Times Reports Landlines Out, Swedes Discover Brain Cancer In

AGORACOM Financial News TV – Breaking Small-Cap And Micro-Cap Financial News At The Open (Sept 19/08)

Posted by AGORACOM at 9:39 AM on Friday, September 19th, 2008

Good morning to you all. Please find enclosed a summary of the breaking small-cap and micro-cap financial news we highlighted on our TV show this morning. It’s September 19th and we’ve found 3 great press releases and stock halts from both sides of the border to report on at the open. Another great day for small-cap and micro-cap financial news.

If you are new to the show, it is a daily, fast-paced, edgy report that we put out at or before the open everyday that strictly reports on the best small cap and micro cap news of the day in 3-5 minutes. You can watch AGORACOM TV right from our home page .

If you miss an episode or want to search for your company in our archive, you can visit our industry leading Small-Cap Podcast site at any time:

If you want to subscribe to our Small-Cap RSS Feed and download our podcast everyday via iTunes, or your favourite podcatcher, just use the following:

As always, don’t forget to visit the AGORACOM Marketplace where we list compelling summaries for over 85 great small-cap and micro-cap companies that you can sort by exchange and industry to suit your personal investing tastes.

TODAY’S SMALL-CAP AND MICRO-CAP BREAKING FINANCIAL NEWS BEFORE THE OPEN

Our daily show focuses on content over form so that you can get profitable information into your hands as fast as possible. The same holds true for these entries in our small-cap, micro-cap news blog, where I simply cut and paste my TV notes for your benefit, without any editing, so don’t give me a hard time! 🙂

Now, onto our show notes for the day.

** Denotes an AGORACOM Client. AGORACOM TV Only Reports News From AGORACOM Clients That Meets The Same Newsworthy Threshold Of All Other Press Releases.

Posted in AGORACOM Small-Cap TV, All Recent Posts | Comments Off on AGORACOM Financial News TV – Breaking Small-Cap And Micro-Cap Financial News At The Open (Sept 19/08)

SEC Bans Short Selling – NFL Bans Blitzes – MLB Bans Double Plays – NHL Bans Goalies

Posted by AGORACOM at 2:22 AM on Friday, September 19th, 2008

“We need more offense – so let’s just make defense illegal” – A high ranking group of idiots in Washington

The headline says it all.  The SEC just issued this press release.  I should be happy because this benefits my investor relations business immensely – but it’s hard to celebrate a hat-trick when the powers that be decided to ban goalies from the game. Moreover, after hitting $920 yesterday, gold is now trading around $850, so not so great news for resource companies.

Sure, it’s good for every long investor (most investors) – but it is still a joke.  If the SEC and every other regulator actually did their job, short-sellers wouldn’t have a reason to short financial stocks so aggressively.  Moreover, if shorts were wrong, long investors would buy cheap shares and squeeze shorts into oblivion.

United States Is Now A Banana Republic

I’d go on but this is such a blatantly stupid reaction to a series of blatant/fraudulent/ignorant screw ups by Wall Street and its regulators that I wouldn’t know where to begin and where to end.

Thankfully, we have Barry Ritholtz, one of the smartest finance guys in the galaxy, to sum it all up as follows:

This is the ultimate bailout attempt, which will have repercussions far far beyond our imaginations:

1) We suffer a loss of Market Integrity; The US is now a Banana Republic

2) Blatant market manipulation: this is nothing more than an attempt to force markets higher;

3) 60 days prior to a presidential election? This is a none-too-subtle attempt to influence the elections — especially coming on top of the Fannie/Freddie bailout;

4) The coming pop will create a huge air pocket, ultimately leading to us crashing much lower;

5) Expect a huge increase in volatility — upwards first, then down;

We Are A Nation of Morons, led by complete Idiots, making us complicit in our own self destruction.

Well said Barry.

Regards,
George

p.s. Where the hell was the SEC all these years when naked short selling drove small-cap companies out of business?

p.s.s  I am adding this post to my “stock scams” category.

Posted in All Recent Posts, Gold $2,000, Stock Scams, US Economy | 2 Comments »

“Short Sellers” Are The New “Evil Doers” – Bullshit

Posted by AGORACOM at 2:08 PM on Thursday, September 18th, 2008

As all of my regular readers know from reading my posts over the last 12 months, the US Financial Crisis has NOTHING to do with short sellers.  I thought this point was so obvious that I never bothered addressing it…but when John McCain calls for the firing of SEC Chairman Christopher Cox because he allowed short selling I have to step in.

Why? Because McCain is wrong and he knows it.  This is classic misdirection for the purpose of political gain.  Americans need a villain to blame the crisis on and it’s a much stronger/easier sound bite to say “short sellers” than to explain the crisis as follows (Quote from Paul Kedrosky).

“Repeat after me: The trouble is not with short-sellers. The trouble is not with short-sellers.
The trouble is with an over-levered financial system built on a house of cards comprised
of under-collateralized toxic paper that was applauded all the way up by “housing is the
American dream” nutters who couldn’t see that vast expansions in thinly-traded credit are
a path to economic ruin.”

Now that I think about it, it is easier to say “short sellers” and “evil doers” afterall.

Regards,
George

Posted in All Recent Posts, US Economy | 3 Comments »

AGORACOM Financial News TV – Breaking Small-Cap And Micro-Cap Financial News At The Open (Sept 18/08)

Posted by AGORACOM at 9:32 AM on Thursday, September 18th, 2008

Good morning to you all. Please find enclosed a summary of the breaking small-cap and micro-cap financial news we highlighted on our TV show this morning. It’s September 18th and we’ve found 5 great press releases and stock halts from both sides of the border to report on at the open. Another great day for small-cap and micro-cap financial news.

If you are new to the show, it is a daily, fast-paced, edgy report that we put out at or before the open everyday that strictly reports on the best small cap and micro cap news of the day in 3-5 minutes. You can watch AGORACOM TV right from our home page .

If you miss an episode or want to search for your company in our archive, you can visit our industry leading Small-Cap Podcast site at any time:

If you want to subscribe to our Small-Cap RSS Feed and download our podcast everyday via iTunes, or your favourite podcatcher, just use the following:

As always, don’t forget to visit the AGORACOM Marketplace where we list compelling summaries for over 85 great small-cap and micro-cap companies that you can sort by exchange and industry to suit your personal investing tastes.

TODAY’S SMALL-CAP AND MICRO-CAP BREAKING FINANCIAL NEWS BEFORE THE OPEN

Our daily show focuses on content over form so that you can get profitable information into your hands as fast as possible. The same holds true for these entries in our small-cap, micro-cap news blog, where I simply cut and paste my TV notes for your benefit, without any editing, so don’t give me a hard time! 🙂

Now, onto our show notes for the day.

** Denotes an AGORACOM Client. AGORACOM TV Only Reports News From AGORACOM Clients That Meets The Same Newsworthy Threshold Of All Other Press Releases.

Posted in All Recent Posts | Comments Off on AGORACOM Financial News TV – Breaking Small-Cap And Micro-Cap Financial News At The Open (Sept 18/08)

Bloomberg – Gold May Hit $950 As Central Banks and Miners Hold Back Sales. Grandich Pegs It Again

Posted by AGORACOM at 11:43 AM on Wednesday, September 17th, 2008

Gold is up $64 to $844 as of 12:15 PM EST. I could end this post here and that one sentence could be the entire story.

However, like a good infomercial, “there is more!”.  Specifically, Bloomberg is running a story that gold may hit $950 by the end of the year “as central banks and miners hold back sales and investors buy the metal as a haven against falling stock prices.”

The good news for gold bugs is that a $950 price isn’t tethered to simply a shaky stock market. Otherwise, a market turnaround on its own could quell the gold rush.

Rather, London-based researcher GFMS Ltd. states that Central Bank sales will drop 46 percent in 2008, while mine supply will decline for a third year.  Specifically, with respect to mine supply, global mine production will drop 2.3 percent this year to 2,422 tons, the lowest since 1996 That is going to put great pressure on an already string tight supply issue.

Moreover, GFMS believes demand from investors worldwide will soar 38 percent to 778 metric tons, with purchases in east Asia more than doubling.

GRANDICH HITS THE NAIL ON THE HEAD AGAIN

If I didn’t know any better, I would think that Peter Grandich single-handedly sets the price of gold.  For about the zillionth time over the last 3 years, Grandich once again pegged an overextended gold price (oversold or overbought) when he made this statement just 5days ago in his newsletter:

“I have just recorded the single most oversold condition for Gold since the great
bull market began at the start of this decade”

After a brief hiatus, it looks like gold is back and possibly stronger than ever.

Regards,
George

Posted in All Recent Posts, Gold $2,000, US Economy | 3 Comments »

AGORACOM Financial News TV – Breaking Small-Cap And Micro-Cap Financial News At The Open (Sept 17/08)

Posted by AGORACOM at 9:25 AM on Wednesday, September 17th, 2008

Good morning to you all. Please find enclosed a summary of the breaking small-cap and micro-cap financial news we highlighted on our TV show this morning. It’s September 17th and we’ve found 3 great press releases and stock halts from both sides of the border to report on at the open. Another great day for small-cap and micro-cap financial news.

If you are new to the show, it is a daily, fast-paced, edgy report that we put out at or before the open everyday that strictly reports on the best small cap and micro cap news of the day in 3-5 minutes. You can watch AGORACOM TV right from our home page .

If you miss an episode or want to search for your company in our archive, you can visit our industry leading Small-Cap Podcast site at any time:

If you want to subscribe to our Small-Cap RSS Feed and download our podcast everyday via iTunes, or your favourite podcatcher, just use the following:

As always, don’t forget to visit the AGORACOM Marketplace where we list compelling summaries for over 85 great small-cap and micro-cap companies that you can sort by exchange and industry to suit your personal investing tastes.

TODAY’S SMALL-CAP AND MICRO-CAP BREAKING FINANCIAL NEWS BEFORE THE OPEN

Our daily show focuses on content over form so that you can get profitable information into your hands as fast as possible. The same holds true for these entries in our small-cap, micro-cap news blog, where I simply cut and paste my TV notes for your benefit, without any editing, so don’t give me a hard time! 🙂

Now, onto our show notes for the day.

** Denotes an AGORACOM Client. AGORACOM TV Only Reports News From AGORACOM Clients That Meets The Same Newsworthy Threshold Of All Other Press Releases.

Posted in AGORACOM Small-Cap TV, All Recent Posts | Comments Off on AGORACOM Financial News TV – Breaking Small-Cap And Micro-Cap Financial News At The Open (Sept 17/08)

AGORACOM Financial News TV – Breaking Small-Cap And Micro-Cap Financial News At The Open (Sept 16/08)

Posted by AGORACOM at 11:19 AM on Tuesday, September 16th, 2008

Good morning to you all. Please find enclosed a summary of the breaking small-cap and micro-cap financial news we highlighted on our TV show this morning. It’s September 16th and we’ve found 6 great press releases and stock halts from both sides of the border to report on at the open. Another great day for small-cap and micro-cap financial news.

If you are new to the show, it is a daily, fast-paced, edgy report that we put out at or before the open everyday that strictly reports on the best small cap and micro cap news of the day in 3-5 minutes. You can watch AGORACOM TV right from our home page .

If you miss an episode or want to search for your company in our archive, you can visit our industry leading Small-Cap Podcast site at any time:

If you want to subscribe to our Small-Cap RSS Feed and download our podcast everyday via iTunes, or your favourite podcatcher, just use the following:

As always, don’t forget to visit the AGORACOM Marketplace where we list compelling summaries for over 85 great small-cap and micro-cap companies that you can sort by exchange and industry to suit your personal investing tastes.

TODAY’S SMALL-CAP AND MICRO-CAP BREAKING FINANCIAL NEWS BEFORE THE OPEN

Our daily show focuses on content over form so that you can get profitable information into your hands as fast as possible. The same holds true for these entries in our small-cap, micro-cap news blog, where I simply cut and paste my TV notes for your benefit, without any editing, so don’t give me a hard time! 🙂

Now, onto our show notes for the day.

** Denotes an AGORACOM Client. AGORACOM TV Only Reports News From AGORACOM Clients That Meets The Same Newsworthy Threshold Of All Other Press Releases.

Posted in AGORACOM Small-Cap TV, All Recent Posts | Comments Off on AGORACOM Financial News TV – Breaking Small-Cap And Micro-Cap Financial News At The Open (Sept 16/08)

Kinross Fails To Acquire 90% Of Aurelian – Extends Offer For A 2nd Time. Community Wins 3rd Battle

Posted by AGORACOM at 8:57 AM on Tuesday, September 16th, 2008

Kinross Gold issued a press release today with the following headline:

KINROSS NOW OWNS 90.7% OF AURELIAN SHARES

That may be true – but it is also misleading.  The truth of the matter is, for the purposes of the acquisition, what they state further down in the press release:

“Kinross now beneficially owns ….. 89.7% of the Aurelian shares excluding the 15 million shares acquired by Kinross prior to the offer. “

As a result, Kinross has extended its offer to September 29th.  Now, it appears all but inevitable that Kinross will hit its 90% and force a compulsory acquisition … but they can’t – I won’t allow them – to use semantics to take away yet another important victory from the Aurelian AGORACOM Community, an intelligent and determined group of investors that fought Goliath and won 3 voting battles + the moral vote.

Hats off to the entire Crew.  You are pioneers that have paved the way for future investors that can fight based on your example.  More importantly, large Canadian companies have been served notice that retail investors have not just a voice, not just a vote but a powerful voting voice that demands to be heard.

Regards,
George

Posted in All Recent Posts, Aurelian Resources Revolt, Web 2.0, 3.0, ... | 2 Comments »

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