Skip to content
Andrew Tobias
Andrew Tobias

Money and Other Subjects

  • Home
  • Books
  • Videos
  • Bio
  • Archives
  • Links
  • Me-Mail
Andrew Tobias
Andrew Tobias

Money and Other Subjects

The Purple Item Is George Clooney*

January 22, 2014January 22, 2014

FLYING OBJECTS

Here’s 24 hours of air planes flying around the troposphere, compressed into a minute.  Double click to view “full screen” so the yellow dots — airplanes — don’t all blend into a big blob.

Here’s stuff flying around the ionosphere and above, with 20,000 days compressed into 10 minutes.  The red items are satellites (operational or defunct); yellow: rocket bodies; green: mission-related objects (bolts, lens caps, etc.); blue: solid rocket motor slag; white: fragments from explosion events.

MIND-BLOWING JOKE

“Why did the chicken cross the Mobius strip?  To get to the same side.” — Favorite joke of Fred Bernstein and Chuck Upchurch’s twins, Jake and Aaron, aged 11

SIGA

The SIGA saga continues, as Jim responds to Glenn’s response to his first posts.  (Non-SIGA owners: Go back to watching debris fly around the Earth!)

And when I asked why he still owned some, he explained:  “I don’t think it’s a bad bet here, just not a ‘very smart’ one as before.  Aside from FDA or revenue action (neither of which processes could possibly reach fruition in a timely manner for a company explicitly trying to sell itself), there still remains prospect of an upward blip upon acquisition and/or when lawsuit closes. Plus, as you know, the stock tends to endlessly cycle (due to low volume). I imagine that’ll continue, so there may be a more favorable exit moment. At $4 I’d sell more.  One of my primary confidence boosters in this investment has been the conviction that even if it missed big success, there’s sufficient intrinsic value that stock price couldn’t imaginably fall below my original buy-in cost (high $2s). But I can see, for first time, potential of a grind-out to zero (if acquisition fails to materialize). That’s not assured or even particularly likely, but I can see a clear pathway to that frightful scenario (and there’d be no ‘triggers’ along that path, just a gradual greying-out), so I’m getting the lion’s share of my money out of the way.  I’m not feeling the sense of buy-price assurance that spurred me to invest more than ‘I could truly afford to lose.’  Make sense?”

It does.  SIGA may not work out.  Own it only with money you can truly afford to lose.

 

*I assume you saw “Gravity”?

 

Post navigation

← Two Must Reads
So I Lent A Guy $5,323.15 →

Quote of the Day

"Oil's been discovered in hell! shouts a stockbroker at the Pearly Gates. All bolt; he follows. I know why THEY'RE running, St. Peter says, but why you? Who knows, says the broker. Maybe there's something to it!"

old joke

Subscribe

 Advice

The Only Investment Guide You'll Ever Need

"So full of tips and angles that only a booby or a billionaire could not benefit." -- The New York Times

Help

MYM Emergency?

Too Much Junk?

Tax Questions?

Ask Less

Recent Posts

  • A.I.: An Upbeat View

    March 5, 2026
  • Mr. Popularity

    March 3, 2026
  • Save Money: Give Me $100

    March 3, 2026
  • Two Things Can Be True At The Same Time

    March 2, 2026
  • Operation Epstein Fury

    February 28, 2026
  • Of Freedom And Pedophilia

    February 28, 2026
  • The Intelligence Explosion

    February 26, 2026
  • Bursting With Things To Share . . .

    February 26, 2026
  • Defying Putin's Puppet

    February 23, 2026
  • Whither Bitcoin?

    February 23, 2026
Andrew Tobias Books
  • Facebook
  • Twitter
©2026 Andrew Tobias - All Rights Reserved | Website: Whirled Pixels | Author Photo: Tony Adams