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Andrew Tobias

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Andrew Tobias
Andrew Tobias

Money and Other Subjects

E-gad!

June 22, 2012June 22, 2012

E-LIBRARY

Roberta Taussig:  “Following up on Wednesday’s post, did you know libraries now lend e-books? Check out this link provided by the Multnomah County library, Portland, Oregon (my fair city).  And the FAQ.”

E-CAMPAIGN

The Obama team has a new app you should check out: Dashboard.  It’s the national online organizing platform, and — writes Deputy National Field Director Marlon Marshall — “if you’re hoping to make an impact on this election, it’s where you need to be.”

You already know how we’re planning to win this thing: by running the best ground game in politics. From coast to coast, folks like you are out registering voters, recruiting volunteers, and having the conversations that will tip states our way. Dashboard is our online hub for the organizing that’s going on in every single state — from now up until the last vote gets cast. It’ll be where you can connect quickly with other volunteers to help get out the vote. You can join or organize an event right then and there. Dashboard will help you stay in touch and swap stories with other supporters to keep one another inspired for what lies ahead. When you join Dashboard, you’ll also get special updates on this race, new tools to track your progress, and access to groups you can join to organize around the issues you care about most.

E-GREGIOUS

This Jon Stewart clip you must see. And not just for his Peter Falk “Columbo” impersonation or any of the other really fun bits.  He shows Republicans blasting Obama for doing something no president has ever done before (except, as it turns out, Bush, Clinton, the other Bush and Reagan).  He shows Republicans blasting Obama for failing to pass the Dream Act when Democrats controlled Congress (except they forget to mention that the reason he failed to pass it, despite 55 Senate votes in favor, was their filibuster).  He shows Fox News blasting Obama for saying that he has to enforce the laws on the books and then not enforcing those laws (except wait til you see how they edited that tape).

E-GAD!

Borealis traded 4,653 shares yesterday (Facebook traded 21.875 million), and those shares traded at prices ranging from $6.75 to $10, settling in for the night at $8.

William Szczuka:  “I’m pretty happy so far with my investment. When I went to place an online order for 600 shares at $3.40 back in March I was instructed the order needed to be phoned in. They said it was because the order was more than 25% of the average daily volume. I’ve never had that problem before. 🙂  . . . Incidentally, this spring I coached my son’s little league team. Two of the boys are named Tobias and Andrew. I never thought anything of it until last week when an opposing slugger came to the plate and I had to call to these two in the outfield, ‘Andrew, Tobias – Back Up!'”

Doug in Spokane:  “I finally have some money I can afford to lose, so I called my broker this morning (Thursday) to put in an order for 100 BOREF shares.  They were trading at $8.05.  My broker, aka my oldest friend, is efficient.  Before I could say ‘limit order’ he had executed the trade.  Yes, I was the spike late in the day at $10.00.  ALWAYS say ‘limit order”‘up front about 10 times. Yes, the plane moved with WheelTug.  And there ARE agreements with airlines.  BUT, there is competition.  A German company is rumored to be working on something similar.  So is Honeywell, according to rumors.  However, WheelTug is first. I also own some other shares with money I can afford to lose — GLDD.  But that’s a real company with a history and earnings and a real product.  And the dividend was raised a year ago.  That is the extent of my speculation.”

That was you?  Well, whether you paid $10 or $8 or $6 or $3 won’t make too much difference.  Not to say it wouldn’t have been better to get twice as many shares for the same $1,000 last week at $5.  But either we’ll ultimately lose our money, because the company’s technology isn’t practical or valuable; or we will make multiples of our money because it is.  As you say, it’s a speculation — unlike GLDD which is the dominant player in an indispensable, old-line industry not likely to change all that much.

Have a great weekend!  Watch the Jon Stewart clip.

 

 

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