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November 4, 2007

comment Follow Up : 10 Highest Priced Stocks

Filed under: Financial News — C4G @ 1:40 pm

Following up on our October 20th post 10 Highest Priced Stocks, here’s a table of data showing the change in value of the stocks we listed.

Company Ticker 10/20 Price 11/2 Price Change Pct Change
Berkshire Hathaway Inc. BRK-A 127,100 132,500 +5,400 +4.24%
Mechanics Bank MCHB.OB 19,300 19,400 +100 +0.51%
Berkshire Hathaway HLD B BRK-B 4,324 4,402 +78 +1.80%
Sunwest Bank SWBC.OB 2,455 2,450 -5 -0.20%
First Nat. Bank Alaska FBAK.OB 2,050 2,000 -50 -2.50%
Seaboard Corp. SEB 1,743 1,607.12 -135.88 -7.79%
Washington Post Co. WPO 790 800.15 +10.15 +1.28%
First Citizens Bancorp. FCBN.OB 666 658 -8 -1.20%
CME Group, Inc. CME 613 649.75 +26.75 +5.99%
Google inc. GOOG 644 711.25 +67.25 +10.4%

As you can see, desipte recent down-turns in the market, Inc. continues to gain ground while others haven’t been so lucky. Regardless of Google’s gains, the one thing to note is that the majority of these stocks have held their ground with the exception of Coproration (traditionally, one of the market’s best small caps).

Overall, if you were holding these stocks as your portfolio, you would be up +12.53% over the last two weeks, or an average of +1.25% per position. Numerically speaking, if you have invested $1Mil across this group of stocks, you would have gross earnings of $125,000 over the last two weeks (average $8928.57 per day) before capital gains and trading fees.The important thing to remember is that Industrial Average (^DJI) as a whole has seen a +.50% gain since October 19th, or a .03% per day gain and these 10 stocks are beating the average.

We will be tracking these same stocks every two weeks for the rest of the year to see how they perform against the average.



• • •

November 1, 2007

comment Oil Prices Up = Dow Jones is in the Tank 300 Points

Filed under: Financial News, The Stock Market — C4G @ 1:58 pm

Dow in ToiletWall Street plunged today as investors found themselves between a proverbial rock and a hard place. The rock is an end to interest rate cutsby the Fed and the hard place is a slowing economy that is teetering on the border of a full blown recession. As if it’s any suprise, that after the last week’s events in regards to the prices of both oil and gold heading near record highs, that the US stock market would be due for significant losses as seen in todays trading session. The cause and effect has seen many investors pulling out of the US markets and selling off positions in an overall flurry that has the down by over 300 points or 2% overall. The losses rapidly cut any gains made in Wednesday’s rally which saw the Dow up 137 points over the previous close.

The Fed, which cut interest rates a quarter point, said in a statement that inflation remained a concern, and oil’s rise to yet another record high raised the possibility not only that the Fed might stop slashing rates, but that it might even consider raising them if inflation rates accelerate.

“Wall Street is in love with the idea of a rate cut, and realized that the Fed said inflation is still a concern that lowered the chances of a cut in December,” said Ryan Detrick, a senior technical strategist with Schaeffer’s Investment Research. “We’re now feeling the pain now that investors have slept on it, and figured out what they said.”

Today oil has reached yet another high of $96 per barrel and consumers can expect the price increases to hit them at the gas pump in the near future. Quite possibly consumers could be seeing the predicted $4 per gallon prices sooner than was anticipated. Rising are led by world concerns of political conditions in the and by China’s rising dependency on oil.

Chief Investment Officer at RegentAtlantic Capital, Christopher Cordaro, stated “Wall Street remains anxious about the possibility of recession.” He also believes the market is barren of enough positive news “to have any type of sustained rally.”



• • •

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Code4Gold Forums




comment Talkgold.com Under New Ownership? (info from TalkGold Blog)

Filed under: Scams and Scammers — C4G @ 11:01 am

Hear no Evil, See No EvilDon’t believe everything you read on the internet, especially if it is something you read on certain forums or blogs that do not provide factual information to back up their claims. Case in point, owner and operator, Brian Krassenstein, has previously made questionable claims that Talkgold was owned by a Trust, but those claims were never proven to be factual and there has never been any evidence pointing to anybody but Mr. Krassenstein owning and operating Talkgold website. On October 25th, Mr. Krassenstein publicy announced on the Talkgold Blog that Talkgold.com Has been sold - Little Noticable Changes although no proof substantiating this fact has surfaced as of yet. Normally, in the business world, when a website changes hands, there is supportive evidence to back-up the claims. In fact, most transactions of this nature are widely publicized to draw interest from outside parties but in this case, Mr. Krassenstein would have the world believe the alleged sale of Talkgold.com is some sort of back-room deal in which the buyer(s) wish to remain anonymous. Why shouldn’t the “new” owners of Talkgold wish to remain anonymous? After all, purchasing the single biggest ponzi scheme and pyramid scheme promotion venue on the internet, with advertising costs running at $9000 per month for a 728×90 banner, with all payments made “tax-free” through digital e-currencies, just might not be the sort of thing a any legitimate company would want widely publicized. On the other hand, We’re not talking about or buying into , we’re talking about the sale of a forum that has been home to some of the biggest multi-million dollar scams and ubiquitous fraudsters since 2003.

While many of Talkgold’s loyal members might see this alleged move on Mr. Krassenstein’s part as a legitimate business formality, the change is more than likely related to or spurned on by Mrs. Brenda (Cattysha) Bevil’s unsubstantiated threats and potentially libelous accusations at her fetid, malodorous Cattyshaq.com Forum TalkGold.com TalkGold profiting from crime?. The truth is that this is just another caldroun of deception and clever manipluation on Krassenstein’s part to allow his highly profitable clearinghouse for online scams and ponzi schemes to flourish. Mrs. Bevil does have her say, most of it reduced to childish rants about Talkgold and it’s operation, and although her intentions are clouded in personal attacks and howling madness, she is correct about the fact that Talkgold.com is the biggest purveyour of fraudulent activities on the internet since the demise of the nefarious forum. For the sake of comedic relief and as an exhibit of the malignant ideology defined by the shadowy denizens of Cattyshaq “scam-buster” Forums here are a few of Mrs. Bevil’s choicest quotes from the afformentioned forum thread.

blockquote I think Brian has gotten away with profiting from the online scam industry for far too long. As the owner of TalkGold, he has a responsibility for the advertisements on his website.

As seen in the quote above, obviously this is a personal issue between Mrs. Bevil and Mr. Krassenstein. The truth in the matter is that Adwords has been displaying advertisments for the exact same sites as advertised at Talkgold, however, the intrepid Mrs. Bevil, when questioned about Google’s liabilities launches into a scathing rant like a cornered animal. Below you will marvel at Mrs. Bevil’s true legal expertise and inimitable wisdom when responding to one of her forum members who had stated Talkgold is/was owned by a Pakistani Trust. Please be aware, tounge in cheek responses are not the catty Mrs. Bevil’s strong suit but mordacious sarcasm is her weapon of choice.

blockquote We did it! We found a way to get out of obeying US laws!!!

You can sit behind your computer screen in your American home and commit all the crime you want!!!! All you have to do is set up a foreign account to hide all your ill-gotten gains!!!

Sure, they can put my ass in jail, but they can’t touch my money!!!
The supporters go wild with excitement.

Now, the statement above is hardly worthy of real journalism and does not call to mind a genuine, concerted effort to reduce fraud on the internet which is her self-professed goal. In fact, it sounds more like a scorned little debutante who didn’t get her dance card punched at the charity ball. Which brings up the next tawdry statement by the illustrious Mrs. Bevil (I’m serious folks, you have to read her forum thread to believe this childish rubbish and nonsense this unemployed, disgruntled housewife is throwing around as useful information to her less than rational forum members who writhe in glee with each unsubstantiated threat and unfactual retort this vindictive person makes).

blockquote As much as I hate MMG, Jason has at least cleaned up the ad banners.

Brian should do the same.

In the world of journalism, “hate” is an inappropriate word that is to be avoided at all costs as with making a point based on personal interest in a particular case. Quite possibly the libel lawsuit Katz Golbal and Gordon Hayes brought against Mrs. Bevil and her husband James Bevil (which the Bevils won on a technicality although it reduced them to pleaing for Paypal donations to pay their court costs) has not yet taught her that exposing truth and facts from an objective standpoint is considered “journalism” but hurling personal insults can be considered libel and is generally frowned upon in all social circles. Below is yet another example of more unsubstantiated threats disguised as well intentioned rhetoric, spewed forth from the nimble fingers of Mrs. Bevil.

blockquote TalkGold.com is like a breading ground for the whole vicious cycle of scamming.

They attract newbies ripe for scamming…
They sell ads that suck people into scams
They sell sticky threads to scammers to talk to newbies so they can suck them in to a false sense of security.
They sell ebooks to teach people who to run their own scams
They sell advertising for HYIP scripts so people can start their own scams
They sell advertising for web hosts who allow scam sites to host with them
They sell advertising for paid traffic to the new scam
They sell advertising for DDOS protection when they get too much traffic

But Brian knows nothing…

Friday will be here before you know it, Brian. The FTC and Florida AG aren’t blind…or stupid…

Well, Friday came and went. Prior to Mrs. Bevil’s dubiously intended D-Day iniative, the news was released on Talkgold’s blog regarding the website being sold to an anonymous third party. After nearly two weeks of childish banter in the unpropitious thread at Cattyshaq Forum, it seems that Mrs. Bevil’s and her cohorts objective was not to rid the internet of scam related websites, but it was merely an attempt at grandstanding, a feeble cry for attention devoid of any real substance and a personal vendetta against Mr. Krassenstein and Talkgold Forums. Could it be that Mrs. Bevil was banned for life from Talkgold Forums (not to mention Moneymakergroup Forums and our own Code4Gold Forums) that is the reason why she feels the need to shoot the messenger while cleverly side-stepping the real issues?

In closing, I’d like to say that while I disagree with both Talkgold and Cattyshaq forums and find them to be polar opposites, I do believe that the internet is based on Freedom of Speech and if you dislike a particular website, forum or blog, you have the right to go somewhere else. Making meaningless threats and false accusations is deplorable and it’s high time certain people started acting like adults instead of behaving like spoiled step-children.



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