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About Whosthedaddy?

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  1. Whosthedaddy?

    UK House prices: News & Views

    I find it quite baffling given the low transaction numbers that the EAs can still turn a profit. Surely something has to give soon in this Mexican standoff between buyers and sellers. At some point the EAs must ask themselves how to increase transactions? The answer is either to not overvalue a property in the first place or to convinve the sellers to meet a buyers offer.
  2. Whosthedaddy?


    Yes! up 19% now and very happy to have this stock in my portfolio. However i cannot find any news release from the company website as to why this might be. Any news out there?
  3. Whosthedaddy?

    Ascot Mining

    I like the look of this company on paper at least. Though I've no idea about management team, anyone got any comments on them?
  4. The Nationwide has released it's monthly figures. I loved the comments from the Nationwides chief economist..... I give him points for optimism 'House prices fell by 1.3% in January, according to figures from Nationwide. The average price of a typical house is £150,501, down 16.6% on the same time last year, according to the building society. January saw £2,500 in value shaved off the average home. It is the 15th consecutive month that prices have dropped. But the three-month on three-month rate of change, which is seen as a smoother indicator of short-term trends in prices, improved for the fourth month in a row. The price drop seen during the three months to the end of January was 4%, compared with a fall of 4.2% during the previous three-month period. Martin Gahbauer, Nationwide's senior economist, said it was too early to say whether this was the beginning of turnaround in the market. "The increasing level of enquiries suggests that activity levels have a reasonable chance of recovering from their recent lows once an end to the recession is in sight and/or the recent Government interventions lead to an improvement in the availability of credit." The housing market is being hit by a combination of the mortgage shortage, rising unemployment and an expectation among potential buyers that prices still have further to fall.'
  5. Whosthedaddy?


    Anybody catch this snippet from seekingalpha in their 'Preview from Europe' feature www.seekingalpha.com/article/116998-preview-from-europe-market-up-again-despite-data?source=headline1 # Germany is thinking about raiding the gold reserves of the Bundesbank to finance their get out of economic jail card. Germany currently holds the 2nd largest amount of gold reserves of any central bank, valued at €75bn. This would surely have an adverse affect on the POG.....if they were to follow through. then I find this article, that says the finance minister warning against any seeling www.dailymarkets.com/contributor/2009/01/28/gold-reserves-should-not-be-sold-by-german-central-bank-german-finance-minister/
  6. Whosthedaddy?


    Im wondering the same thing myself Wanderer. My BV account is loooking very healthy but Im very tempted to take some profits here and repurchase when it falls back. The question is how much to sell and at what price. How much steam is left in this move? The chart in sterling looks fairly parabolic.
  7. Folks, can somebody enlighten me as to what a universal base shelf prospectus is. Does this mean they could issue further shares and dilute the current share base? Full announcement below............ November 21, 2008 – Vancouver, British Columbia – Minefinders Corporation Ltd. today reported that the company has filed a preliminary short form universal base shelf prospectus with the Securities Commissions in each of the provinces of Canada, except in the province of Quebec, and a corresponding registration statement on Form F-10 with the United States Securities and Exchange Commission. These filings, when made final, will allow the company to make offerings of common shares, warrants to purchase common shares, share purchase contracts and subscription receipts (collectively, the "Securities") or any combination thereof up to an aggregate offering size of US$200,000,000 during the 25-month period that the final short form universal base shelf prospectus remains effective. Securities may be offered separately or together, in amounts, at prices and on terms to be determined based on market conditions at the time of sale and set forth in an accompanying shelf prospectus supplement. The net proceeds from the sale of the Securities, if any, is expected to be used to fund ongoing operating requirements, sustaining capital expenditures and development at the Dolores Mine, exploration activities, potential future acquisitions and for general corporate purposes. A registration statement relating to these Securities has been filed with the United States Securities and Exchange Commission, but is not yet effective. These Securities may not be sold nor may offers to buy be accepted prior to the time the registration statement becomes effective. This news release does not constitute an offer to sell or the solicitation of an offer to buy, nor will there be any sale of these Securities in any state in which such offer, solicitation or sale would be unlawful prior to the registration or qualification under the securities laws of any such state.
  8. Whosthedaddy?


    Ahh go on! spoil it for me...I wont get a chance to listen until tonight ;-)
  9. Whosthedaddy?


    Had to share this one................ Watching Bloomberg TV just now - they were commenting on the rise of Gold and the 'fear trade' A comment from some guy in the industry said 'I wouldn't be surprised to see Gold pushing through $1000 as soon as tomorrow' Well, THAT caught my ear so to speak. An interesting thought........ Still, it great to see PMs moving again.
  10. Whosthedaddy?

    Oil - Short term trading

    A plausible scenario No. 6 - certailny a lower oil price would take some pressure off corporations in the short term. Maybe Puplava will get his 'creamy filling' after all? Im not entirely certain why the Oil Services have turned lower though. I can see why it could be an early indicator to lower Oil prices. But what has caused the drop in OIH?
  11. Whosthedaddy?

    Oil - Short term trading

    That's interesting Dr. B - I was wondering what early indicators there maybe for an Oil pullback. I've quite a few oil service stocks that Im tempted to take some profits on - maybe now's the time.
  12. Whats the general concensus on newsletters? Im thinking about Goldstockanalyst.com to get specific ideas on Gold/Silver producing miners I've been nibbling at a few juniors over the past year but want a greater exposure. Just dont have the time to research the hundreds of miners out there. £300 for a yearly subscription of a monthly newsletter, seems to be about average. But Im just wary of newsletters period! I'd be interested in any thoughts on the subject.
  13. Another big monthly fall in prices (down 2.4%) according to HBOS Similar numbers to the nationwides figures for last month (2.5%) ``The decline in prices is at risk of turning into a rout,'' said Malcolm Barr, chief U.K. economist at JPMorgan Chase & Co. who used to work at the Bank of England. http://www.bloomberg.com/apps/news?pid=206...&refer=home