Dr Stock Pick HOT News & Alerts!

_______________________________________

FREE Daily Stock Alerts From DrStockPick.com

_______________________________________

Thursday November 12, 2009

DrStockPick.com Stock Report!

**************************************************************

Consorteum Holdings Inc. (OTCBB: CSRH) announced that it has proceeded to launch its consumer stored value rebate card. The consumer rebate card program will offer manufacturers and retailers a new way to process mail-in rebates that ensures increased customer loyalty and decreased overhead costs. Consorteum will work directly with manufactures and retailers to reduce the administration costs associated with mail-in rebate programs while providing a new way to increase consumer awareness. Additional revenue and cost-saving opportunities will be

...

Cancer is a deadly killer that has been affecting families globally for far too long. Despite billions of dollars placed into research, there has not been a great amount of success in helping victim’s survive the tragic battle. One company in Maryland has developed a vaccine to stimulate a patient’s own immune system to fight cancer. That company is Northwest Biotherapeutics; their vaccine is the DCVaxA-Brain.

The DCVaxA-Brain is a groundbreaking vaccine because it is made up of the patient’s own “dendritic cells”, master cells that direct the immune system. The “dendritic cells” have been activated and educated to mobilize the whole immune system to recognize and destroy cancer cells bearing the biomarkers of the patients own tumor.

Today, Northwest Biotherapeutics announced further long-term data for the period from January through September of 2009 from its prior Phase I and Phase I/II clinical trials conducted at UCLA with

...

During the summer, I had the good fortune to attend two excellent conferences focused on new findings in exchange rate economics (yes, not all economic research is focused on the financial crisis and recession). The first was a Bank of Canada-European Central Bank conference Exchange rates: The global perspective, and the second was the NBER International Finance and Macroeconomics Summer Institute session "Exchange Rates and Relative Prices".

Figure 1: Log nominal value of US dollar (blue) and real value of US dollar (red), against currencies of major trading partners. NBER defined recession dates shaded gray, assuming the recession has not ended by July 2009. Source: Federal Reserve Board.

The Bank of Canada-ECB conference papers are here. All the papers, as well as powerpoint files of the presenters and discussants, are available from the conference website; I've reproduced some of the abstracts below.

Order flows and

...

AutoChina International Ltd., formerly Spring Creek Acquisition Corp., provides commercial auto sales and financing in China. The company today announced the appointment of Jason Wang as the company’s new CFO, effective immediately.

With more than 10 years of experience in finance, capital markets and company expansion, Wang will head AutoChina’s overall financial planning and control, as well as China and U.S. GAAP compliance, SEC filings, investor relations, M&A activities, and general corporate financial responsibilities.

“We expect Jason’s leadership and financial acumen will be a great asset to our company and add increasing depth and diverse skills to our corporate finance team. Jason’s familiarity with our operations as an investor, combined with his capital markets expertise, should make for a smooth transition. We also look forward to Johnson Lau’s continuing contributions as his background in accounting and financial reporting will continue to serve AutoChina well throughout our expected growth in the

...

Artfest International, Inc., an online portal that brings together artists, investors, decorators, designers, private collectors and art galleries, recently announced that the company’s wholly owned subsidiary, Charity Sports Distributor, Inc., has signed a letter of intent with CBS College Sports Network, a 24-hour cable network dedicated to college sports, to operate online college sports memorabilia auctions during this year’s college football season.

Under the terms of the agreement, Charity Sports Distributor will provide authentic custom framed alumni player autographed memorabilia for CBS college partner teams including Auburn, Iowa, Florida State, South Carolina, TCU and UCLA. The online auctions will be held on a bi-weekly basis on CBS College Sports Network’s online auction home page and through the applicable athletic department’s home page. CBS College Sports Network has over 30 million subscribers and is available in 80 million cable and satellite homes across the country.

Edward Vakser, chief executive officer of Artfest

...

Events, particularly these days, tend to outrun the best laid plans to anticipate research trends. And it might seem that this was true in the case of this conference, sponsored by UCSC's Santa Cruz Center for International Economics, the Journal of International Money and Finance, and the Federal Reserve Bank of San Francisco. The conference was planned last year, at a time when most academic researchers were aware and concerned about the incipient economic slowdown, and whether the major economies would "de-couple", and in turn how these factors would impact the constellation of global imbalances.

As it turns out, the papers were all, in my opinion, remarkably germane to issues we're concerned about right now: how the composition of debt determines vulnerability to crises, the effect of capital controls on capital flows, the role of the IMF, and the usefulness of macroeconometric models to predict exchange

...

Back in the 1960s, about the time Bob Dylan was singing “For the times they are a-changin”, things were indeed changing. Ironically, one of the biggest changes taking shape was something that neither Dylan nor almost anybody else was aware of.

That change began in California, when Robert Taylor, the head of the information processing office at the Defense Department’s Advanced Research Projects Agency (DARPA), began working on an interconnected networking system, an idea encouraged by J.C.R. Licklider, the head of DARPA. Licklider had been frustrated of having to use three separate dedicated terminals, each with its own set of commands, to communicate with three different technical groups he was working with around the country. Late in the evening of October 29, 1969, the first link of that new network was established between UCLA and the Stanford Research Institute. The network soon grew

...

Job market takes another turn for the worse… unemployment data at 26-year high… Government solution:spend… budget and trade deficits swell more than expected… Byron King on falling oil demand… and what it means for long-term investors… Gold soars… Ed Bugos with some fresh price targets… Signs of the times… Chinese bank opens in U.S., world’s biggest LBO collapses… Plus, Chris Mayer on the automaker bailout

Americans filed over 573,000 jobless claims last week — the most since 1982.

The Labor Dept. also said the number of people collecting unemployment reached a 26-year high too, 4,429,000.

Unfortunately, we’re just getting started if a study released this morning by UCLA is accurate. The Anderson School of Management predicts we will see negative GDP for the current and first two quarters of 2009… and the unemployment rate to

...

Updates on some of the series we regularly follow, and they’re not good.

On Thursday the Federal Reserve Board announced that its index of industrial production fell by 2.8% in the month of September (yes, as in 33.6% at an annual rate). That’s the biggest monthly decline in the index since January 1975. To put it in perspective, UCLA Professor Ed Leamer suggested last August that a 6-month decline of more than 3% should be characterized as a recession. That had been the

one holdout among Leamer’s four indicators in suggesting that the economic situation was still not so bad. But according to Leamer’s criterion, the September drop in industrial production almost counts as a recession all by itself.

100 times the 6-month change in natural log of index of industrial production,
from FRED, with NBER recessions as shaded regions …

Or...Salt Water/Fresh Water Redux!

Figure 1: Log GDP (1996$), 1900-1967 (blue line), and linear trend (red line). Source: S.B. Carter, S.S. Gartner, M.R. Haines, A.L. Olmstead, R. Sutch, G. Wright, Historical Statistics of the United States, Millenial Edition (CUP, 2006).

From Greg Mankiw's blog, an argument against the New Deal policies.

Lessons from the Past

UCLA econ prof Lee Ohanian:

There are many historical precedents of bad policies following crises. The worst case was after the stock-market crash in October 1929, which produced a truly perfect storm of bad policies. Tax rates rose, tariffs rose (reflecting special interest groups attempting to insulate domestic producers from foreign competition), and both Presidents Herbert Hoover and Franklin Roosevelt strongly promoted industry-labor cartels that were designed to stifle domestic competition.

In the absence of these policies, the Great Depression would almost certainly have been like every other U.S. recession -- short-lived and relatively mild.

...