?We've been hovering around this 17k ceiling since I got in the game in June. Tired of this shyt. I'm netting a 2G loss cause of two stocks that crashed. FML.
Boiler Room: The Official Stock Market Discussion
?We've been hovering around this 17k ceiling since I got in the game in June. Tired of this shyt. I'm netting a 2G loss cause of two stocks that crashed. FML.
We've been hovering around this 17k ceiling since I got in the game in June. Tired of this shyt. I'm netting a 2G loss cause of two stocks that crashed. FML.
which ones?
88m3
Fast Money & Foreign Objects
New School ETFs Think Global to Track Local
By Eric Balchunas Sep 25, 2014 2:16 PM ET
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Photographer: Andrew Burton/Getty Images
The Chinese flag flies outside the New York Stock Exchange during the initial price... Read More
Is a tomato a fruit or a vegetable? Is Bob Dylan folk or rock? Is the Alibaba initial public offering China or U.S.?
The largest IPO in history showed how tricky it is for index-makers to fit some foreign companies into tidy categories. As a Chinese company domiciled in the Cayman Islands and listed on a U.S. stock exchange, Alibaba Group Holding Ltd.'s (BABA) entered an index no-man's land. It was stunning to learn -- even for an ETF analyst -- that the criteria used by many indexes meant that a company with a market cap the size of Amazon’s couldn't go into any of the 250 largest ETFs.
Alibaba is far from the first case of its kind. A total of 528 non-U.S. companies have their primary listing on the NYSE. That's 22 percent of all stocks listed on the exchange. So far this year, 25 percent of all IPOs in the U.S. are from non-U.S. companies. These companies come to the U.S. to list because the regulations are less stringent and the access to capital is greater, as is the opportunity to create brand awareness.
That has a new generation of ETFs hooking up with -- and helping create -- more globally minded, new school indices. The next time a situation like Alibaba's arises, it won’t get screened out of an index if logic says it should be included.
Here are examples of recently launched ETFs that use new school indices.
KraneShares CSI China Internet ETF (KWEB)
KWEB tracks 42 China technology companies, 34 of which have their primary listing on a U.S. exchange. Those 42 companies make up 83 percent of the market cap of KWEB's portfolio. When Alibaba enters the ETF that number will be even higher. KWEB waits about two weeks before adding IPOs to avoid initial volatility in the stocks.
KraneShares worked with index makers to be sure the ETF could include U.S.-listed China companies. Its launch in August, 2013, was well timed -- China tech companies are among the country’s best performers. KWEB has gained 29 percent over the past 12 months, making it best-performing China ETF. Its return is triple the broad market as measured by the FTSE China 25 Index, which screens out U.S.-listed China companies. KWEB has $108 million in assets and charges 0.68 percent of assets in annual fees.
Market Vectors Israel ETF (ISRA)
ISRA shows that the listing issue extends beyond China. Many Israeli companies list outside of the country. ISRA tracks the relatively unknown – compared to index giant MSCI -- Blue Star Israel Global Index. Note the word “global” in the name of a single-country index. That's not by accident. This index includes Israeli companies with primary listings in U.S. or London, and Israel-linked companies. With that more liberal criteria, ISRA tracks 115 stocks, far more than the 52 tracked by its larger rival, the iShares MSCI Israel ETF (EIS). Of those 115 stocks, 39 percent are Israeli companies listed in the U.S. or London.
The effect of casting a wider net is less concentration in top holdings and different sector weightings. ISRA has 33 percent in technology; EIS has 6. Does all of this help performance? Sometimes yes, sometimes no. This year EIS is outpacing ISRA; last year ISRA was on top. ISRA launched in June, 2013, and has $51 million in assets. It charges 0.59 percent in fees.
Renaissance IPO ETF (IPO)
This is a new school ETF that tracks U.S. IPOs -- but is open to foreign companies. It doesn’t care where you came from, as long as you are a juicy IPO listing on a major U.S. exchange. The ETF tracks the Renaissance IPO Index. The IPO research firm behind the ETF, Renaissance Capital, created the index with cases like Alibaba's in mind. Some ETF purists think such “self-indexing” is blasphemy. While the index appears to lack the checks and balances of an independent index, it is calculated by an outside index provider.
Nine percent of IPO’s holdings are foreign companies, with Alibaba soon to make it 10 percent. Alibaba will most likely come in as the top holding, ahead of Twitter. IPO, launched in October of 2013, has $34 million in assets and charges 0.60 percent in fees.
http://www.bloomberg.com/news/2014-09-25/new-school-etfs-think-global-to-track-local-.html
By Eric Balchunas Sep 25, 2014 2:16 PM ET
0 Comments Email Print
Save
Photographer: Andrew Burton/Getty Images
The Chinese flag flies outside the New York Stock Exchange during the initial price... Read More
Is a tomato a fruit or a vegetable? Is Bob Dylan folk or rock? Is the Alibaba initial public offering China or U.S.?
The largest IPO in history showed how tricky it is for index-makers to fit some foreign companies into tidy categories. As a Chinese company domiciled in the Cayman Islands and listed on a U.S. stock exchange, Alibaba Group Holding Ltd.'s (BABA) entered an index no-man's land. It was stunning to learn -- even for an ETF analyst -- that the criteria used by many indexes meant that a company with a market cap the size of Amazon’s couldn't go into any of the 250 largest ETFs.
Alibaba is far from the first case of its kind. A total of 528 non-U.S. companies have their primary listing on the NYSE. That's 22 percent of all stocks listed on the exchange. So far this year, 25 percent of all IPOs in the U.S. are from non-U.S. companies. These companies come to the U.S. to list because the regulations are less stringent and the access to capital is greater, as is the opportunity to create brand awareness.
That has a new generation of ETFs hooking up with -- and helping create -- more globally minded, new school indices. The next time a situation like Alibaba's arises, it won’t get screened out of an index if logic says it should be included.
Here are examples of recently launched ETFs that use new school indices.
KraneShares CSI China Internet ETF (KWEB)
KWEB tracks 42 China technology companies, 34 of which have their primary listing on a U.S. exchange. Those 42 companies make up 83 percent of the market cap of KWEB's portfolio. When Alibaba enters the ETF that number will be even higher. KWEB waits about two weeks before adding IPOs to avoid initial volatility in the stocks.
KraneShares worked with index makers to be sure the ETF could include U.S.-listed China companies. Its launch in August, 2013, was well timed -- China tech companies are among the country’s best performers. KWEB has gained 29 percent over the past 12 months, making it best-performing China ETF. Its return is triple the broad market as measured by the FTSE China 25 Index, which screens out U.S.-listed China companies. KWEB has $108 million in assets and charges 0.68 percent of assets in annual fees.
Market Vectors Israel ETF (ISRA)
ISRA shows that the listing issue extends beyond China. Many Israeli companies list outside of the country. ISRA tracks the relatively unknown – compared to index giant MSCI -- Blue Star Israel Global Index. Note the word “global” in the name of a single-country index. That's not by accident. This index includes Israeli companies with primary listings in U.S. or London, and Israel-linked companies. With that more liberal criteria, ISRA tracks 115 stocks, far more than the 52 tracked by its larger rival, the iShares MSCI Israel ETF (EIS). Of those 115 stocks, 39 percent are Israeli companies listed in the U.S. or London.
The effect of casting a wider net is less concentration in top holdings and different sector weightings. ISRA has 33 percent in technology; EIS has 6. Does all of this help performance? Sometimes yes, sometimes no. This year EIS is outpacing ISRA; last year ISRA was on top. ISRA launched in June, 2013, and has $51 million in assets. It charges 0.59 percent in fees.
Renaissance IPO ETF (IPO)
This is a new school ETF that tracks U.S. IPOs -- but is open to foreign companies. It doesn’t care where you came from, as long as you are a juicy IPO listing on a major U.S. exchange. The ETF tracks the Renaissance IPO Index. The IPO research firm behind the ETF, Renaissance Capital, created the index with cases like Alibaba's in mind. Some ETF purists think such “self-indexing” is blasphemy. While the index appears to lack the checks and balances of an independent index, it is calculated by an outside index provider.
Nine percent of IPO’s holdings are foreign companies, with Alibaba soon to make it 10 percent. Alibaba will most likely come in as the top holding, ahead of Twitter. IPO, launched in October of 2013, has $34 million in assets and charges 0.60 percent in fees.
http://www.bloomberg.com/news/2014-09-25/new-school-etfs-think-global-to-track-local-.html
MNKD bought at 10.13 average. Now at 6.17
EXEL bought at 4.10 now at 1.55
GoPro man
Came in here to post this. shyt is 250% in two months. . Wtf!
How do they keep climbing amongst the destruction?
yesterday it had a HUGE EOD run, not to mention the SICK after market..taht bish went from 1.4x to 1.6x after market. nikka had to exit on a loss despite all this though, since it got murdered in the am, with a bloody gap down and no run later on. Ehh
1. Not a cac
2. Not doing VPOR
3. Not doing penny stocks
I meant to say smug CAC smileys. As you see, you might wanna change that opinion bruh
Nah, that ain't what's up with VPOR. The HUGE paid promotion it's been having this week did NOTHING but CRASHED the fukkin pps down to 0.0116 breh. The total opposite. This actual recovery and possible run back up to .04 zone, is fueled by people having high anticipation on the huge Hanover note being paid off 1/3..Not to mention the fact that hella weedstocks were showing signs of life today.
I made a buck on it, but I think this run was due to some twitter promoter front loading, and a PR announcement claiming they have something in the works with Alibaba (read: lying) so I see PPS going back under $1.50 very quickly once the smoke clears
Word, the weed stocks did look pretty decent today actually. Just in time for Shugg's comeback
Nice pop for HEMP today which caught my eye. Funny thing is my plan was wait for the MJ stocks to die this summer and then take a gamble on them, which is basically where we're at now and I'm still hesitating and waiting for them to go lower
Brehs im not doing weed stocks anymore, i need to practice differest investing strategies, I may have something lined up after college 
It was just down like 22% yesterday.
I would not fukk with this stock. It could continue to skyrocket and double, triple, or quadruple from here for all I know... but I'm in the camp of it being a pump & dump.
On July 16th. . . there were 500 shares traded. A little over two months later, we're trading over 37 million shares?
Even if you're just trying to quick flip, you better have good timing, so you don't get caught on the wrong side of the dump.
Remember, this stock was in the 60 cent range in August. Ask yourself. . . what MEANINGFULLY changed about the company that would justify a jump from 60 some cents to almost 4 bucks in under two months?
Only way I'd consider buying back in is if it went below a dollar again. That way, the downside is limited. Lots of money to be lost in this price range.
Domingo Halliburton
Handmade in USA
tried to tell you guys on Tuesday it was selling off...and this was coming from someone who thinks at the end of the day fundamentals trump charts
regardless buying the dips has worked this year.