A World that Operates by Financial Cheating and Unsound Money Is Doomed
MishTalk, The Street, 13 February 2021
My friend Hugo Salinas Price wrote a short post that I agree with.
Please consider A World that Operates by Cheating Is Doomed
Tweet: GameStop Terrified Politicians – Common People Might Actually Unite!
TweetThere is a lot of common ground in this country but fomenting hate is how to get and stay elected. GameStop terrified politicians in a way I haven’t seen in a long time, that the common people might actually unite.
— Investment Chad (@InvestmentChad) February 13, 2021
Robert David Steele: Open Letter to Financial Publishers
Letter
https://stopnakedshortselling.
Look at the tag cloud. We have just begun. Wall Street is undergoing a controlled demolition and City of London is next.
https://pedoempire.org is the kill shot. They don’t care about fines and do not fear jail but they do fear being outed for Satanic pedophilia. The printed books have been in the top 500 books sold out of six million published in their first week of publication. The content is free online and being read by millions, particularly across the Commonwealth countries whose publics seek liberty from Lucifer.
Continue reading “Robert David Steele: Open Letter to Financial Publishers”
Article: Is Now The Time To Look At Buying Avery Dennison Corporation (NYSE:AVY)?
Article - Media, PublicationsIs Now The Time To Look At Buying Avery Dennison Corporation (NYSE:AVY)?
Simply Wall St, 12 February 2021
Let’s talk about the popular Avery Dennison Corporation (NYSE:AVY). The company’s shares received a lot of attention from a substantial price increase on the NYSE over the last few months. As a large-cap stock with high coverage by analysts, you could assume any recent changes in the company’s outlook is already priced into the stock. However, what if the stock is still a bargain? Let’s take a look at Avery Dennison’s outlook and value based on the most recent financial data to see if the opportunity still exists.
Is Avery Dennison still cheap?
The stock is currently trading at US$173 on the share market, which means it is overvalued by 40% compared to my intrinsic value of $123.96. This means that the buying opportunity has probably disappeared for now. Furthermore, Avery Dennison’s share price also seems relatively stable compared to the rest of the market, as indicated by its low beta. If you believe the share price should eventually reach its true value, a low beta could suggest it is unlikely to rapidly do so anytime soon, and once it’s there, it may be hard to fall back down into an attractive buying range.
Continue reading “Article: Is Now The Time To Look At Buying Avery Dennison Corporation (NYSE:AVY)?”
Article: Canadian Bitcoin ETF turns up heat on U.S. fund managers, regulators
Article - Media, PublicationsCanadian Bitcoin ETF turns up heat on U.S. fund managers, regulators
Jeff Benjamin, 12 February 2021
Purpose Investments announced Friday morning that it has been cleared by Canadian securities regulators to launch Purpose Bitcoin ETF (BTCC), which is the first Bitcoin ETF in North America to gain regulatory approval, according to Bloomberg.
The new ETF is scheduled to start trading on the Toronto Stock Exchange next week and will be available to U.S. investors through brokerages that have access to the Canadian exchange.
There are a handful of other active filings awaiting regulatory approval in Canada, as well ETF filings before the Securities and Exchange Commission in the U.S. from VanEck and Bitwise Asset Management. Continue reading “Article: Canadian Bitcoin ETF turns up heat on U.S. fund managers, regulators”
Article: International brokers sued over naked short selling allegations
Article - MediaInternational brokers sued over naked short selling allegations
Alex Pugh, SecuritiesFinanceTimes, 12 February 2021
CIBC, Bank of America, UBS and TD Bank stand accused of coordinating “abusive” naked short selling and spoofing strategies in US and Canadian stock markets by a Bermuda hedge fund that claims to have lost tens of millions of dollars as a result.
Article: CIBC, Bank of America, UBS and TD Bank stand accused of coordinating “abusive” naked short selling and spoofing strategies
Article - Media, Publicationsonlymadethistoupvote, 12 February 2021
International brokers sued over naked short selling allegations CIBC, Bank of America, UBS and TD Bank stand accused of coordinating “abusive” naked short selling and spoofing strategies in US and Canadian stock markets by a Bermuda hedge fund that claims to have lost tens of millions of dollars as a result.
Harrington Global Opportunity Fund has filed a suit at the US District Court for the Southern District of New York alleging that various US and Canadian financial institutions, through their broker divisions, manipulated markets and drove down pharmaceutical company ADVANZ PHARMA’s (formerly Concordia) share price in 2016. Continue reading “Article: CIBC, Bank of America, UBS and TD Bank stand accused of coordinating “abusive” naked short selling and spoofing strategies”
Article: Form 424B5 Antelope Enterprise Holdings Ltd
Article - Media, PublicationsForm 424B5 Antelope Enterprise Holdings Ltd
Toppan Merrill, 12 February 2021
We are offering 588,236 common shares at a price of $3.57 per share (the “Shares”) to selected institutional investors pursuant to this prospectus supplement and the accompanying prospectus and a securities purchase agreement with such investors. In a concurrent private placement, we are selling to such investors warrants to purchase 588,236 common shares (the “Warrants”). The Warrants and the common shares issuable upon the exercise of the Warrants are being offered pursuant to the exemption provided in Section 4(a)(2) under the Securities Act and Rule 506(b) promulgated thereunder, and they are not being offered pursuant to this prospectus supplement and the accompanying prospectus.
As of February 11, 2021, the aggregate market value of our outstanding common shares held by non-affiliates was approximately $8.69 million, based on 3,108,020 outstanding common shares, of which outstanding shares 2,269,037 were held by non-affiliates, and a per share price of $3.83 based on the closing price of our common shares on February 11, 2021.
Article: Form 6-K Antelope Enterprise Holdings Ltd
Article - Media, PublicationsForm 6-K Antelope Enterprise Holdings Ltd
Toppan Merrill, 12 February 2021
On February 12, 2021, Antelope Enterprise Holdings Ltd. (f/k/a China Ceramics Co., Ltd.) (the “Company”) entered into a Securities Purchase Agreement (the “Purchase Agreement”) with certain institutional investors (the “Investors”) for the sale by the Company of 588,236 common shares (the “Common Shares”), at a purchase price of $3.57 per share. The Common Shares were offered by the Company pursuant to its shelf registration statement on Form F-3 (File No. 333-228182), which was declared effective by the Securities and Exchange Commission on November 19, 2019. Continue reading “Article: Form 6-K Antelope Enterprise Holdings Ltd”
Article: Antelope Enterprise Holdings Ltd. Announces Pricing Of Registered Direct Public Offering
Article - Media, PublicationsAntelope Enterprise Holdings Ltd. Announces Pricing Of Registered Direct Public Offering
PRNewswire, 12 February 2021
JINJIANG, China, Feb. 12, 2021 /PRNewswire/ — Antelope Enterprise Holdings Ltd. (f/k/a China Ceramics Co., Ltd.) (NASDAQ Capital Market: AEHL) (the “Company”), a leading Chinese manufacturer of ceramic tiles used for exterior siding and for interior flooring and design in residential and commercial buildings, today announced that it has entered into a definitive agreement with three institutional investors for a registered direct offering of securities with gross proceeds of approximately $2.1 million, before payment of commissions and expenses. The closing of the offering is expected to take place on or about February 17, 2021, subject to the satisfaction of customary closing conditions. Continue reading “Article: Antelope Enterprise Holdings Ltd. Announces Pricing Of Registered Direct Public Offering”
2021-02-11 – Mirror: Anti-Social Media: fake news in defense of naked short selling
Video
MIRROR: ROB KIRBY: THE FUTURE OF FINANCIAL MARKETS
Video
David K. Lifschultz: New Forms of [Wall Street] Treason?
Letter
Max Keiser does not really understand what the monetary expansion has to cover.
You have according to the BIS 600 trillion in derivatives against a 81 trillion dollar world GDP or a multiple of 7. The BIS coordinates only the banks so this figure does not include insurance company derivatives or others in private industry unless a bank is connected to the transaction so it is grossly understated. Some Swiss bankers tell me it is more like 1.2 quadrillion and others up to 2.5 quadrillion. 1.2 quadrillion gives you a multiple on the world GDP of 14 and 2.5 quadrillion a multiple of 30.
Continue reading “David K. Lifschultz: New Forms of [Wall Street] Treason?”
Article: Federal agencies launch probe into possible manipulation after GameStop trading frenzy: WSJ
Article - Media, PublicationsFederal agencies launch probe into possible manipulation after GameStop trading frenzy: WSJ
Noor Zainab Hussain, 11 February 2021
(Reuters) – Federal prosecutors and regulators are investigating whether “market manipulation or other types of misconduct” led to a meteoric rise in shares of companies such as GameStop and AMC, the Wall Street Journal reported on Thursday.
The Justice Department’s fraud section and the San Francisco U.S. attorney’s office have sought information about the trading from brokers and social-media companies that were hubs for the trading, the WSJ reported, citing people familiar with the matter. on.wsj.com/3abznn1
Prosecutors have subpoenaed information from brokers such as Robinhood, according to the report.
Additionally, the Commodity Futures Trading Commission has opened a preliminary investigation into whether misconduct occurred as some Reddit traders targeted silver futures, the WSJ report.
A Justice Department spokesperson did not immediately respond to a Reuters request for comment.
Article: Report: Feds Investigating Meme Stock Frenzy For Market Manipulation
Article - Media, PublicationsReport: Feds Investigating Meme Stock Frenzy For Market Manipulation
Sarah Hansen, 11 February 2021
Federal authorities are investigating whether massive gains in “meme stocks” like GameStop in January were caused by market manipulation or other illegal behavior, the Wall Street Journal reported Thursday.
In January, individual traders from online communities like Reddit’s r/WallStreetBets forum and users of popular online brokerage apps like Robinhood were a driving force behind the meteoric rise of a handful of previously unpopular stocks. The traders pitted themselves against major hedge funds who had bet that the price of stocks in struggling companies like GameStop, AMC Entertainment, and Blackberry would fall in a practice called short selling. The rapid surge of interest from retail investors pushed the price of those stocks to record levels, and hedge funds like Melvin Capital faced massive losses as a result. At the peak of the frenzy, Robinhood restricted trading on shares of GameStop and a handful of other stocks, prompting a swift backlash from lawmakers and multiple class-action lawsuits from traders who said they had missed out on gains.
