March 22, 2012

FED CHAIRMAN BERNANKE ON GOLD STANDARD

My objective in contributing to Trading Deck is singular — to help investors make money. We at The Arora Report are neither a bull nor a bear on any investment. The essence of our methodology is to let the hard data speak for itself.

From the comments on my articles and emails I receive, it is clear that a very small minority is not interested in making money but mostly interested in how nasty they can be. Unfortunately, this tiny group of readers is extremely vocal and ends up confusing investors who are simply reading Trading Deck to help them make money.… Please click here or the title below to read more.

March 22, 2012

BROKERAGES RACE TO FEED APPLE TO THE MUPPETS

Shades of Greg Smith muppets are beginning to appear in Apple stock recommendations. Greg Smith is the conscience stricken ex-Goldman Sachs (GS) renegade whose New York Times op-ed was recently widely read and commented on around the world.

The crux of the Greg Smith’s writing is that he believes Goldman Sachs places its own interests before the interests of its clients. Greg Smith wrote:

It makes me ill how callously people talk about ripping their clients off. Over the last 12 months I have seen five different managing directors refer to their own clients as “muppets,” sometimes over internal e-mail. I don’t know of any illegal behavior, but will people push the envelope and pitch lucrative and complicated products to clients even if they are not the simplest investments or the ones most directly aligned with the client’s goals?

… Please click here or the title below to read more.

March 22, 2012

UPDATE ON PNSN

The Fundamental Case for PNSN is Still Positive

PNSN still is drastically undervalued from a long-term perspective. PNSN derives significant revenues from providing clearing services to brokers.

History tells us that over a long period of time, volume of transactions increases. This long-term trend is beneficial for PNSN.

There is an increasing trend towards independent RIAs (financial advisors). This trend works towards the advantage of PNSN.

PNSN is also a prime acquisition target. A logical buyer of PNSN is another financial company.

Balance Sheet Risk

PNSN has been hit hard due to company’s missteps with its balance sheet.

The company is tightly regulated and so far there is no news from regulators that concerns its balance sheet. … Please click here or the title below to read more.

March 22, 2012

MORE ON NG

NG is engaged in development and exploration of gold and silver in Alaska and British Columbia. 52 week high for the stock is $14.02. Yesterday we recommended a 10% tranche at $7.12.

In our view, NG is a take over candidate. It has long been on our list to buy, but never hit our buy zone. Our buy zone has been at $6.25 to $6.56. Yesterday, we raised the upper band of the buy zone to $7.30. There were three reasons for this change. First, there were persistent rumors of interest by ABX to buyout NG. Second, Electrum a New York based firm stated in a filing that it intended to exercise all of the warrants it held to acquire 33.74 million shares. … Please click here or the title below to read more.

March 22, 2012

URGENT: HOLD OFF BUYING MORE NG

Please consider holding off buying more NG and canceling any pending limit orders. We will be back with more information.… Please click here or the title below to read more.

March 22, 2012