Wow, i bought it at 85 cents and now it has jumped to 1.39. Whats other people doing with it their stocks? Are you guys selling or holding it thinking it will increase in the long run? I though the drugs were promising and you were buying in for cheap considering the cash and cash equivalents...
Re: Official February Stock Tipping Competition Entry Thread!
Hey not sure if i meet the requirements, but can i have rubicon japan trust (RJT) please. Thanks!
What do you guys make of the goodwill listed as assets in cash converter's 2008 fy report, totalling 43 million?
I'm not sure if these are intangible assets, and if you would include them as apart of book value...as in are these worth anything?
Yes you are dead right, Keynesian economics is in some ways spending money you don't have and thats why you result in a budget deficit. To increase government spending you can either borrow money from the public i.e. by issuing bonds or by printing more money. I'm not quite sure where the...
Thats only the case because different people who in charge. Alan Greenspan and the Bush administration, the latter which we know is a sped, advocated de-regulation of the financial sector while the people now in charge are Obama and Hank Paulson. So really its not selective application but just...
"If "reckless" spending beyond your mean is so good for the economy, why not just give everyone a million dollars and make everyone rich??"
Because that kind of spending is unsustainable. The point of fiscal and monetary policy is to move the economy to non-inflationary levels of full...
Keynesian economics is sound and based on concrete theory. Saving does exacerbate recessions, even though it seems counter intuitive. If savings (leakage) increases as people become more thrifty, and investments (injections) decrease as business do not foresee any point in capital expenditure...
I read in a Time article that Milton Friedman and some other economist wrote that the stock market crashes in history does not cause full blown depression. It is the seizure of credits which does the most damage and insolvency issues which are exacerbated by panic. But this time around...
That assumes that people act rationally, that they act in accordance with the information they are given and their personal values of being either risk adverse or risk loving. But i guess what the chaos theory says we never know that people will act rationally, that there might be some extreme...
You can take it one step further and branch into existentialism and say that all that is certain is uncertainty. There is no certainty in anything we experience. We count on something happening because we've done it repeatedly and the same result has occured. So what we then deal with is what...
What is the historic year to year growth of the ASX Indices, as an average? I read that that is a good benchmark for your own performance, to beat the returns of the market at large.
Well its cash and cash equivalents is comes out to be about 77cents a share. The stock sells for 82-83c as at the end of today. So you're paying 5-6cents for the rest of the company which has good drugs in research. This is not to mention that money is the life blood of a pharmaceuticals...
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