I’m always interested in how Government ties in with the markets. It’s been a bit of a hobby of mine, along with WWII battles, over the past 2-3 years and there’s no bigger tie then Goldman and the Government then recently…and BOY is it bigger then we know! In my recent late night surfing I came across Greg Roy. Greg recently released a special report with the same title of this blog post, Goldman Sachs’ Next Slaughter of the Stock Market Lambs, and being the digger I am, I read the full report and cold called him. I asked if I could repost a part of the report for my Trader’s Blog members. After some convincing he said ok.

This guy knows what he is talking about… Here is an exclusive excerpt from his newly released report Goldman Sachs’ Next Slaughter of the Stock Market Lambs.

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Goldman Sachs

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ROY, MI — (Marketwire) — 10/22/09 — Viper Networks, Inc. (PINKSHEETS: VPER), a telecommunication network operations and technical management company, announced today that it has engaged a professional legal and accounting team to prepare and file a Form 10 Registration Statement with the U.S. Securities and Exchange Commission (SEC), to commence the process of becoming a fully-reporting company once again, in addition to potentially seeking a higher market listing for the Company.

The full service accounting firm Chang G. Park, CPA, of Southern California since 1988, will provide all financial guidance and internal auditing prior to submitting their final certified audits on behalf of Viper Networks, Inc.

Additionally, Securities Law attorney William M. Aul, Attorney At Law (San Diego, CA), and Professor at California Western School of Law, will continue to act as special counsel to the Company and participate in the preparations and filing of the SEC Form 10

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The dollar remains well bid…G-7 to hand currencies off to G-20? Car Sales collapse…Auditing the Lehman cash movements…And Now… Today’s Pfennig!

Good day… And a Happy Friday to one and all! Yesterday, I welcomed you to October. I had been prepared to tell you about a famous radio station here in St. Louis, that has long called October… Rocktober… But forgot, as usual! But anyway… It’s the first Fantastico Friday of Rocktober!

Today is a Jobs Jamboree Friday too! And… I’m not getting a good feeling about today’s labor report at the Jobs Jamboree. The forecast is for jobs losses to fall from -216,000 to -175,000, but the unemployment rate to tick up to 9.8% from 9.7%… I got the feeling, baby, baby, I got the feeling… Oops, a little James Brown on Fantastico Friday never hurts! But what I was saying was I’m getting the feeling that there are risks

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When it comes to the U.S. credit crisis, we’ve all heard the numbers. The stock market decline wiped out $7 trillion in shareholder wealth. It forced the federal government to commit to $11.6 trillion in bailout programs and stimulus spending. And it’s led to the longest U.S. downturn since the Great Depression.

Everyone also knows that some of the key culprits behind this financial mess were the credit-rating firms like Standard & Poor’s and Moody’s Investors Service, which assigned top-tier “AAA” ratings to investments that were actually backed by subprime mortgages and other toxic debt.

Whether it was collusion or incompetence almost didn’t matter: The firms claimed that the credit ratings they issued were constitutionally protected free speech. With this First Amendment shield, S&P, Moody’s and others said they were protected from lawsuits or other liabilities.

But that’s about to change.

A federal court judge in New York last week

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The satellite television provider TiVo Inc. (TIVO) is a pioneer in digital video recording (DVR) technology. The company won a patent infringement lawsuit against EchoStar Communications Corp (SATS), the parent company of Dish Network Corp. (DISH). Under the 5-year multimedia patent infringement, TiVo has been awarded a sanction of $200 million ($110 million in damages and $90 million in sanctions in addition to attorney fees) from the U.S. District Court in the Eastern District of Texas.  Dish was spun off from EchoStar in 2008. It was found that a software in Dish Network’s set-top boxes violated TiVo live TV technology that consists of features like the ability to pause and rewind live programming.  Earlier, TiVo had won its 5-year patent lawsuit against EchoStar, forcing it to choose between the payment of licensing fees or stopping the use of TiVo’s technology. TiVo received damages of ...

Capstone Investments is out defending Rambus (NASDAQ:RMBS) this morning: Samsung Attorney’s health merits continuance. Yesterday, during hearing in RMBS’s upcoming Anti-Trust trial, Judge Kramer pushed trial date from Sept. 28th to Jan. 11th, 2010. Trial date was moved due to “grave condition” of Samsung attorney. Judge Kramer felt that beginning trial in ’10 was likely the best choice as he didn’t believe he could provide Samsung proper time to bring new attorney(s) up to speed, while also avoiding any rollover into holiday season. Given timing of prior Sept. 28th date, any delay in starting trial would likely pose issues in jury selection as holiday period would likely interfere. Other than timing the firm sees little impact from yesterday’s ruling. Capstone believes RMBS’s case remains intact, and sees no change in legal position ITC case provides ...

We haven't paid all that much attention to the father-son spy duo Harold and Nathaniel Nicholson, the former residing in jail on a 23-year sentence, while the son, Nathaniel, today pleaded guilty to charges of money laundering related to the payments from the Russian Federation in return for the espionage services provided by his CIA-agent father.  My only question on this one:  why has the Russian government continued to pay its debts to this imprisoned spy?  Who says that Russia doesn't honor its contractual obligations!  I guess it sends a positive sign to future recruits that Moscow will take care of their families...

"In his guilty plea today, Nathaniel Nicholson acknowledged his role in the ongoing conspiracy with his father to collect money from the Russian federation for his father's past espionage activity," said acting U.S. Attorney Kent S. Robinson.

Harold Nicholson

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PennyOmega.com Stock Report!

PennyOmega.com Hot Stock News & Alerts!

 

Friday August 14, 2009

PennyOmega.com Stock Report!

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Vestin Realty Mortgage I, Inc. (Nasdaq:VRTA) reported a net loss for the second quarter ended June 30, 2009 of approximately $3.2 million, or ($0.49) per share, on revenues of approximately $0.5 million, compared with a net loss of approximately $4.8 million or ($0.70) per share on revenues of approximately $1.3 million in the comparable period in 2008. In addition, VRTA reported a net loss for the six months ended June 30, 2009 of approximately $4.7 million, or ($0.72) per share, on revenues of approximately $0.8 million, compared with a net loss of approximately $5.3 million or ($0.78) per share on revenues

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DrStockPick.com Stock Report!

Friday August 14, 2009

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China Wind Systems, Inc. (OTC Bulletin Board: CWSI) (”China Wind Systems” or the “Company”), a leading supplier of forged products and industrial equipment to the wind power and other industries in China, announced today that the board of directors has elected Ms. Megan Penick as a director. Following the election of Ms. Penick, who is an independent director, the Company’s board of directors is now comprised of five members, three of whom are independent.

The Hartford Financial Services Group, Inc., (NYSE: HIG) has appointed Dan Guilbert as chief actuary of Hartford Life. Guilbert, a senior vice president, will oversee Hartford Life’s

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PennyOmega.com Stock Report!

PennyOmega.com Hot Stock News & Alerts!

 

Thursday August 13, 2009

PennyOmega.com Stock Report!

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Cubist Pharmaceuticals, Inc. (NASDAQ: CBST) today announced that it is teaming up with the New England Patriots Radio Network, WBZ FM 98.5 The Sports Hub, and its 36-station radio network throughout New England, during the 2009 New England Patriots season to recognize innovative science teachers in middle schools and high schools throughout New England.

Kendall Law Group, led by a former federal judge and former US Attorney, today announced that a lawsuit has been filed against Varian, Inc. (NASDAQ: VARI) challenging the proposed acquisition of Varian by Agilent Technologies (NYSE: A). If you wish to learn more about your rights

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