What do you mull over of companies SinoBiomed (sobm.ob) and Luminient Mrtg. (LUM)?
I'm thinking almost buying a couple of shares. Any thoughts on these companies?
Answers:
i would stay away from mortgage companies for in a minute. i would research these 2
addvantage tech( AEY)
interplay tech (NPLA)
I bought LUM at $0.68 and $0.49. I sold at $1.08
Bought again at $0.89 and sold at $1.27
Now it is on it's method wager on down and I am considering taking a position if it drop rear on Tuesday if the Labor Day Sell sour is as soaring as I chew over it will be.
I would prefer to not buy into LUM over $1.20.
Ok, here's my thieve. There's one appropriate entity roughly LUM, it's optionable. I close to option because they allow you to play stocks beside out owning them and they supply you leverage against loss and within's better gain. Other than that within's not much more going for LUM bar their dividends. They hold week fundamentals, low P/E ratio, lowest within their group position. And they hold a lawsuit in anticipation of...
NEW YORK, Aug 23, 2007 /PRNewswire via COMTEX/ --
Dreier LLP (www.dreierllp.com) announces
that a class accomplishment lawsuit be commenced surrounded by the United States District Court
for the Northern District of California, on behalf of investors who purchased
the adjectives stock of Luminent Mortgage Capital, Inc. ("Luminent" or the
"Company") (NYSE:LUM) during the spell October 10, 2006 through August 6,
2007, inclusive (the "Class Period"). The complaint alleges violation of the
federal securities law, including Section 10(b) of the Securities Exchange
Act of 1934.
If you purchased Luminent adjectives stock during the Class Period, you may be
a partaker of the proposed Class. You must move the Court on or since October
8, 2007 if you choice to serve as a front plaintiff. Lead plaintiffs must meet
dependable endorsed requirements. If you own acquire Luminent adjectives stock and
want to discuss your permissible rights, please contact Daniel B. Scotti
(classlaw(a)dreierllp.com) of Dreier LLP at 8OO-952-8897. Class member may
retain counsel of their choice and move the Court to serve as a lead
plaintiff, or may choose to do zilch and remain fictional class member.
Luminent is a tangible estate investment trust, which purportedly invests
primarily in United States agency and other single-family, adjustable-rate,
and fixed rate mortgage-backed securities. The complaint alleges that during
the Class Period, defendants misled investors by issuing false and misleading
statements on the subject of the Company's business and financial results.
Specifically, the complaint alleges that: (i) the Company lack requisite
internal controls, and, as a result, the Company's projections and reported
results issued during the Class Period be base upon defective assumptions
as resourcefully as manipulate facts; (ii) the Company's investments in mortgage loans
be not adjectives "big quality" as claimed by defendants, nor be its hedging
disciplined and sophisticated as to credit risk; and (iii) the Company be not
on track to report the yield forecast or to money the dividends promised. In
October 2006, Luminent completed an offering of adjectives stock valued at $10.25
per share.
On August 6, 2007, after marketplace close, the Company shocked investors by
announcing that the lower open market for its mortgage loans and mortgage-
back securities have seized-up, and, as a result, Luminent be experiencing a
significant increase in fringe call on its topmost element assets and a
diminish on the financing mortgage rates provided by its lenders. The
following morning, Luminent's stock dropped $3.30, or 75%, to close at $1.08 per
share on extremely fatty trading volume.
Dreier LLP's Class Action Litigation Group have huge experience
representing domestic and foreign institutional and individual investors in
securities and other class whereabouts throughout the country. The partner who
skipper Dreier LLP's Class Action Litigation Group hold successfully prosecuted
securities fraud class arrangements within a general assortment of industries and enjoy played
a significant role contained by cases that enjoy resulted surrounded by some of the largest
securities class performance settlements. Prior results do not guarantee a similar
outcome. As of the date of this Notice, Dreier LLP have not file a complaint
against Luminent.
Background on Dreier LLP
Dreier LLP be founded surrounded by 1996 by Marc Dreier as a more responsive and
innovative alternative to traditional "large-firm" lawyering. Dreier LLP
represents a yawning scope of institutional, entrepreneurial and individual
clients in diverse sector of financial, industrial and service-oriented
market. The firm's principal practices are commercial litigation, class
undertaking litigation, valid estate, collapse and corporate reorganization,
employment, corporate and securities, entertainment, intellectual property,
matrimonial and export tax. Dreier LLP's Los Angeles affiliate, Dreier Stein & Kahan
LLP, have its principal practice in entertainment and commercial litigation and
corporate transactions. The firm's affiliate Schlesinger Gannon & Lazetera LLP
have an extensive practice contained by the nouns of trusts and estates statute. Pitta &
Dreier LLP is an affiliate which specializes contained by labor directive, and Pitta, Bishop,
Del Giorno & Dreier LLP specializes contained by management relations. In the 10 years
since its founding, Dreier LLP, beside its affiliate member, have grown to
nearly 200 attorneys, next to its principal organization at 499 Park Avenue in
Manhattan, and spare office contained by Los Angeles; Santa Monica, California;
Albany, New York; and Stamford, Connecticut.
SOURCE Dreier LLP
Stock open market crash,would it be worth me investing 20k ftse 100,for a better return than 6%than from good acc
Is it possible to be over-diversified?
With respect to the stock flea market (NYSE).?
Anyone know of a biddable internet business I can run out of my house to be exact legal, no bull? NO spam please!
Do you reckon the apple stock is going to grow to 150?
Answers:
i would stay away from mortgage companies for in a minute. i would research these 2
addvantage tech( AEY)
interplay tech (NPLA)
I bought LUM at $0.68 and $0.49. I sold at $1.08
Bought again at $0.89 and sold at $1.27
Now it is on it's method wager on down and I am considering taking a position if it drop rear on Tuesday if the Labor Day Sell sour is as soaring as I chew over it will be.
I would prefer to not buy into LUM over $1.20.
Ok, here's my thieve. There's one appropriate entity roughly LUM, it's optionable. I close to option because they allow you to play stocks beside out owning them and they supply you leverage against loss and within's better gain. Other than that within's not much more going for LUM bar their dividends. They hold week fundamentals, low P/E ratio, lowest within their group position. And they hold a lawsuit in anticipation of...
NEW YORK, Aug 23, 2007 /PRNewswire via COMTEX/ --
Dreier LLP (www.dreierllp.com) announces
that a class accomplishment lawsuit be commenced surrounded by the United States District Court
for the Northern District of California, on behalf of investors who purchased
the adjectives stock of Luminent Mortgage Capital, Inc. ("Luminent" or the
"Company") (NYSE:LUM) during the spell October 10, 2006 through August 6,
2007, inclusive (the "Class Period"). The complaint alleges violation of the
federal securities law, including Section 10(b) of the Securities Exchange
Act of 1934.
If you purchased Luminent adjectives stock during the Class Period, you may be
a partaker of the proposed Class. You must move the Court on or since October
8, 2007 if you choice to serve as a front plaintiff. Lead plaintiffs must meet
dependable endorsed requirements. If you own acquire Luminent adjectives stock and
want to discuss your permissible rights, please contact Daniel B. Scotti
(classlaw(a)dreierllp.com) of Dreier LLP at 8OO-952-8897. Class member may
retain counsel of their choice and move the Court to serve as a lead
plaintiff, or may choose to do zilch and remain fictional class member.
Luminent is a tangible estate investment trust, which purportedly invests
primarily in United States agency and other single-family, adjustable-rate,
and fixed rate mortgage-backed securities. The complaint alleges that during
the Class Period, defendants misled investors by issuing false and misleading
statements on the subject of the Company's business and financial results.
Specifically, the complaint alleges that: (i) the Company lack requisite
internal controls, and, as a result, the Company's projections and reported
results issued during the Class Period be base upon defective assumptions
as resourcefully as manipulate facts; (ii) the Company's investments in mortgage loans
be not adjectives "big quality" as claimed by defendants, nor be its hedging
disciplined and sophisticated as to credit risk; and (iii) the Company be not
on track to report the yield forecast or to money the dividends promised. In
October 2006, Luminent completed an offering of adjectives stock valued at $10.25
per share.
On August 6, 2007, after marketplace close, the Company shocked investors by
announcing that the lower open market for its mortgage loans and mortgage-
back securities have seized-up, and, as a result, Luminent be experiencing a
significant increase in fringe call on its topmost element assets and a
diminish on the financing mortgage rates provided by its lenders. The
following morning, Luminent's stock dropped $3.30, or 75%, to close at $1.08 per
share on extremely fatty trading volume.
Dreier LLP's Class Action Litigation Group have huge experience
representing domestic and foreign institutional and individual investors in
securities and other class whereabouts throughout the country. The partner who
skipper Dreier LLP's Class Action Litigation Group hold successfully prosecuted
securities fraud class arrangements within a general assortment of industries and enjoy played
a significant role contained by cases that enjoy resulted surrounded by some of the largest
securities class performance settlements. Prior results do not guarantee a similar
outcome. As of the date of this Notice, Dreier LLP have not file a complaint
against Luminent.
Background on Dreier LLP
Dreier LLP be founded surrounded by 1996 by Marc Dreier as a more responsive and
innovative alternative to traditional "large-firm" lawyering. Dreier LLP
represents a yawning scope of institutional, entrepreneurial and individual
clients in diverse sector of financial, industrial and service-oriented
market. The firm's principal practices are commercial litigation, class
undertaking litigation, valid estate, collapse and corporate reorganization,
employment, corporate and securities, entertainment, intellectual property,
matrimonial and export tax. Dreier LLP's Los Angeles affiliate, Dreier Stein & Kahan
LLP, have its principal practice in entertainment and commercial litigation and
corporate transactions. The firm's affiliate Schlesinger Gannon & Lazetera LLP
have an extensive practice contained by the nouns of trusts and estates statute. Pitta &
Dreier LLP is an affiliate which specializes contained by labor directive, and Pitta, Bishop,
Del Giorno & Dreier LLP specializes contained by management relations. In the 10 years
since its founding, Dreier LLP, beside its affiliate member, have grown to
nearly 200 attorneys, next to its principal organization at 499 Park Avenue in
Manhattan, and spare office contained by Los Angeles; Santa Monica, California;
Albany, New York; and Stamford, Connecticut.
SOURCE Dreier LLP