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whateverpedia last won the day on November 14

whateverpedia had the most liked content!

About whateverpedia

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    Investing, stockmarket (ASX), current events, history, movies, and funny stuff.

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  1. Good question. Perhaps the answer lies in the title "forensic accountant". Perhaps they dug deep into every line item in GE's statutory reports, whereas most investors and the journalists that cover the markets only focus on the headline figures. It'll be interesting to see what comes out of this whatever the truth is.
  2. https://finance.yahoo.com/news/madoff-whistleblower-claims-ge-committing-accounting-fraud-131211577.html Perhaps it's too late. I see the share price is down over 12% in today's trading so far.
  3. Could be. The share price has been hammered, but it's hard to tell whether that's because of investors waking up to its prospects, or it's just being hammered along with the market in general.
  4. Just giving this thread a bump as the Uber IPO is apparently being priced this week, and in case some on here are thinking of getting in on it. As far as I can tell, nothing has changed for the company's prospects, except that more and more Uber drivers are joining class action lawsuits against the company. As with every other IPO, caveat emptor*, however in the case of Uber, that warning is exponentially more pronounced. * Buyer beware.
  5. overcoming doubt? dealing with doubt? Then there's these root keywords that adwords should be able to provide you with variants and how popular they are. perseverance/persistence/endurance/tenacity/resolve/resolution/dedication/determination?
  6. I still prefer physical books to e-books. Same as I prefer records and cds to mp3s. Having a library of books and/or music is a statement of who you are. People can browse your collection and get an understanding of your character from them. Downside is, they are a pain in the backside when moving house.
  7. Wikipedia is riddled with internal links. It even has tons of links to internal pages that are only tangentially related to the topic of the article they're in.
  8. We've now reached the six month anniversary* of me taking a punt on cannabis stocks, so it's time to take a look and see how we're travelling. Listed as Stock symbol, purchase price, closing price (25/1/18), gain/loss, (high price during period) AC8 $0.425, $1.74, 309.41%, ($1.86) CPH $0.565, $1.035, 83.19%, ($1.65) MMJ, $0.32, $0.505, 57.81%, ($0.63) ZLD $0.07, $0.13, 85.71%, ($0.145). As a whole the "potflolio" is up 147%. Not bad. Not bad at all. Incidentally, the high price for CPH was achieved back in November, but then fell back to around the $0.80 mark, before getting a boost again from the government announcement mentioned above. * Technically the six months is up on January 27, however that's a Saturday, and the 26th is a public holiday Down Under, so the close of trade on the 25th is being used to mark the anniversary.
  9. Check their donor base. You can guarantee that privatised, for profit prisons are on that list. Legalising it across the board will hit their revenue stream bigly.
  10. Today the Australian Government announced it was going to relax laws that stopped companies exporting medical cannabis products. https://www.bloomberg.com/news/articles/2018-01-04/australian-pot-stocks-soar-after-government-relaxes-export-rules The market reacted by pushing all of the stocks in my "potfolio" higher. AC8 jumped 53.66%, CPH was up 20.6%, MMJ rose 11.58% and ZLD was up a "mere" 10%. Nice.
  11. So, when do we get our free copies. Although it looks like it might be a bit too advanced for some of the people on here*. Hopefully it has lots of pictures and not too many words. * By "some of the people, I meant me of course.
  12. I don't think it's being used by criminals for money laundering purposes, however I can see certain types of illegal transaction being facilitated by it. Remember a few years back when they shut down the Silk Road site. Most of the transactions were paid for with bitcoin (allegedly). I was reading earlier in the week how the ASX is looking into blockchain technology to speed up the purchase and sale of securities. I don't know what it's like in other parts of the world, but the ASX operates on a T+2 day turnaround. Although money comes out of my cash account to buy shares, and the shares appear in my account usually within minutes, depending on how actively traded the shares are, the actual confirmation and brokerage fees are done 2 days after the transaction. That also allows for time for the watchdog to investigate any irregularities. With blockchain this can be reduced to almost instantaneous. We'll see how it all pans out.
  13. Traditionally investors have flocked to gold in times of unrest and uncertainty. Given the turmoil in the U.S., the middle and far East, one would normally expect to see the price of gold starting to climb. This isn't happening though. Gold hasn't gone anywhere, and investors seem to flocking to bitcoin and other cryptocurrencies instead. What say others? Has gold lost it's appeal? Are cryptos the "new gold"?
  14. This does not mean the end of bitcoin and other cryptocurrencies. It just means that the appeal of cryptos to criminal elements is being eroded, if not eliminated. Anyone who didn't see this coming was living in a fool's paradise. When (not if) these laws are enacted there may well be some volatility on the downside in the short term, however it will provide some stability in the long term. Irrespective of what happens to bitcoin or other cryptos, blockchain technology is here to stay. Industries as diverse as hotels, insurance, transport and logistics, medical research and others are investigating and investing in the technology. To paraphrase the Chinese proverb, "We live in interesting times".
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