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Stock price rises 1400% in one day.

 

How stupid (or smart) are some of these investors?

 

 

 

icon_ap_byline.gif

 

 

October 4, 2013 (NEW YORK) -- A bankrupt electronics retailer appears to have gotten caught up in the investor fervor for Twitter.

 

Shares of Tweeter Home Entertainment Group Inc. rose as high as 15 cents Friday. That's up 1,400 percent from Thursday's closing price of 1 cent.

 

The Financial Industry Regulatory Authority, Wall Street's industry regulator, says the shares were halted Friday afternoon because of a misunderstanding related to the "possible initial public offering of an unrelated security."

What could have gotten investors so confused?

 

Tweeter trades over the counter, under the "TWTRQ" symbol.

 

Twitter on Thursday offered investors details about its highly anticipated IPO and proposed the stock symbol "TWTR."

But Twitter's stock won't be available for trading until the company actually goes public. That could be before Thanksgiving.

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Let's wait for October 17th. Seems like America is teaching the World the last lesson she knows. How to bankrupt as a state. And annule their savings.

 

2001: They crashed the world. A caricature would be that Warner Brothers bought AOL for stunning 164 billion dollars.

2008: Lehman Brothers and all the collapse that followed.

2013: another crash, of the world's savings.

 

Every 4-5 years US causes a world class problem instead of providing a stability.

 

How could anyone say that Putin was wrong when he said "America is a parasite".

 

The privilege to hold and control world's reserves is being abused, by America. Now, we are facing yet another chrisis, by the same bully.

 

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Stock price rises 1400% in one day.

 

How stupid (or smart) are some of these investors?

 

 

It's a generic, a primal stupidity from cave ages that has always lived under the veener of civilisation.

That's what Twitter, Facebook and Google thrive on while making nothing, no products. Like mob in Roman arena.

 

For example, take an expensive movie, like Titanic, which was a commercial success. Imagine it caught in Twitter/Facebook/Google storm where initial opinion by some anonymous and unqualified moron got viral. It could easily crash it.

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Report: Obama brings chilling effect on journalism

 

 

 

WASHINGTON (AP) -- The U.S. government's aggressive prosecution of leaks and efforts to control information are having a chilling effect on journalists and government whistle-blowers, according to a report released Thursday on U.S. press freedoms under the Obama administration.

 

The Committee to Protect Journalists conducted its first examination of U.S. press freedoms amid the Obama administration's unprecedented number of prosecutions of government sources and seizures of journalists' records. Usually the group focuses on advocating for press freedoms abroad.

 

Leonard Downie Jr., a former executive editor of The Washington Post, wrote the 30-page analysis entitled "The Obama Administration and the Press." The report notes President Barack Obama came into office pledging an open, transparent government after criticizing the Bush administration's secrecy, "but he has fallen short of his promise."

 

"In the Obama administration's Washington, government officials are increasingly afraid to talk to the press," wrote Downie, now a journalism professor at Arizona State University. "The administration's war on leaks and other efforts to control information are the most aggressive I've seen since the Nixon administration, when I was one of the editors involved in The Washington Post's investigation of Watergate."

 

Downie interviewed numerous reporters and editors, including a top editor at The Associated Press, following revelations this year that the government secretly seized records for telephone lines and switchboards used by more than 100 AP journalists. Downie also interviewed journalists whose sources have been prosecuted on felony charges

 

Those suspected of discussing classified information are increasingly subject to investigation, lie-detector tests, scrutiny of telephone and email records and now surveillance by co-workers under a new "Insider Threat Program" that has been implemented in every agency.

 

"There's no question that sources are looking over their shoulders," Michael Oreskes, the AP's senior managing editor, told Downie. "Sources are more jittery and more standoffish, not just in national security reporting. A lot of skittishness is at the more routine level. The Obama administration has been extremely controlling and extremely resistant to journalistic intervention."

 

To bypass journalists, the White House developed its own network of websites, social media and even created an online newscast to dispense favorable information and images. In some cases, the White House produces videos of the president's meetings with major figures that were never listed on his public schedule. Instead, they were kept secret - a departure from past administrations, the report noted.

 

Frank Sesno, a former CNN Washington bureau chief who is now director of George Washington University's School of Media and Public Affairs, told Downie the combined efforts of the Obama administration are "squeezing the flow of information."

 

"Open dialogue with the public without filters is good, but if used for propaganda and to avoid contact with journalists, it's a slippery slope," Sesno said.

 

 

[more ...]

 

 

http://hosted.ap.org...-10-10-10-02-45

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NBC/WSJ poll: 60 percent say fire every member of Congress

 

 

 

Throw the bums out.

 

That’s the message 60 percent of Americans are sending to Washington in a new NBC News/Wall Street Journal poll, saying if they had the chance to vote to defeat and replace every single member of Congress, including their own representative, they would. Just 35 percent say they would not.

 

According to the latest NBC/WSJ poll, the shutdown has been a political disaster. One in three say the shutdown has directly impacted their lives, and 65 percent say the shutdown is doing quite a bit of harm to the economy. NBC's Chuck Todd reports.

 

The 60 percent figure is the highest-ever in that question recorded in the poll, registered in the wake of the government shutdown and threat of the U.S. defaulting on its debt for the first time in history. If the nation’s debt limit is not increased one week from now, Treasury Secretary Jack Lew warns that the entire global economy could be in peril.

 

“We continue to use this number as a way to sort of understand how much revulsion there is,†said Democratic pollster Peter D. Hart, who conducted the poll with Republican Bill McInturff. “We now have a new high-water mark.

 

The numbers reflect a broader trend over the last few years. Americans have traditionally said that while they might not like Congress, they usually like their own representatives. But that sentiment appears to have shifted.

 

...

 

 

http://firstread.nbc...f-congress?lite

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It is hard to say anything worthwhile as others bring junk from the net, the very sources that have made this fiasco possible.

 

The morons, who know nothing to do, spread sensations. That is probably why they work in media.

They get cited here, as some authorithy. Idiots.

 

But, who is listening to anyone? Makes me feel ashamed for working for an US company.

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