The dynamics between Bay Waveland Schools and Lumberton are very different. Lumberton is a small community in a long term decline thus the declining student population. Bay St Louis in particular is a community whose population skews older due to its popularity as a retirement destination. Regardless what is now a three vote majority on the School Board wants no part of even discussing the possibility of administrative consolidation.
Folks I’d like to get some backgorund related to the ownership of Here Enterprises, which I highlighted in a post last week here. I’ll let Yall Politics explain why:
These “microcap” stocks are sometimes affiliated with fraudulent “pump and dump” schemes where insiders accumulate large amounts of shares over time, manipulate trades and they pay internet marketers and boiler rooms (often overseas) to hype stocks and create a false market. Here Enterprises has issued (at least in the past) these similar Regulation S shares, which are targeted to trade overseas.
XING was a special short because despite the fact it smelled worse than 2 day old southern summer roadkill greedy American patsies ran the price up to unsustainable levels back in 2007. Well folks, it is one thing to take money from greedy retail investors but when a heavyweight investor like John Paulson gets sheared it makes the financial news in a big way.
If the average American ever came to an understanding of exactly how little the securities laws on the books really mattered in how the markets are made there would be lots more passbook savings accounts in force.
Folks, Glenn Beck is rapidly becoming the gift that keeps on giving as he and his sponsors are subjected to the scrutiny that accompanies his paranoid delusions that modern days nazis are coming to get him. You got to give the man his due though as he has amassed an impressive audience of marks for his sponsors to prey upon in this case gold coin manufacturer Goldline International, Inc.
A New York congressman says a California gold-dealing company that advertises heavily on conservative talk shows is overcharging its customers and preying on their fears about inflation.
Democratic Rep. Anthony Weiner released a report Tuesday saying that Goldline International Inc. “rips off consumers, uses misleading and possibly illegal sales tactics, and deliberately manipulates public fears of an impending government takeover.”
As I have said in the past, I don’t like to harp on any one person. I also don’t want to be a Cramer stalker. But DAMN if that headline doesn’t smell like a giant buy signal.
The market down 30%, the VIX spiking to 56, and Cramer giving a panicky SELL on TV this morning. We have a 9,500 downside target, and the likelihood of an emergency action makes us want to get long — at least for a trade . . .