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Stacy Herbert on outrageous stock valuations. Meet the 25 million dollar grilled cheese truck.   Share:  
Thrust of argument: Stacy Herbert and Max Keiser report that 'The grilled cheese truck company has four grilled cheese vehicles and they have commenced trading on the over-the-counter market under the term GRLD [..] the company has a market value of 108 million. [..] (The company) has about one million dollars of assets and almost three million dollars in liabilities. In the third quarter of 2014 it had sales of almost a million dollars on which it had a net loss of almost 900,000 dollars'. Direction of resistance / implied resistance: Max Keiser observes 'Markets go through cycles and sometimes trade at excessive highs and they get wiped out.'

 

I WOULD TRADE NOW ON:
bp AT APPROX 468.90 bt AT APPROX 231.65 capita (at half strength)
AT APPROX 170.25 hammerson (at half strength)
AT APPROX 465.60 icag (at half strength)
AT APPROX 612.40 m&s AT APPROX 297.50 pearson (at half strength)
AT APPROX 696.20 sage (at half strength)
AT APPROX 701.20 standardlife AT APPROX 380.60 taylorwimpey AT APPROX 189.90 vodafone AT APPROX 200.90

THIS IS NOT TRADING ADVICE. CLICK HERE FOR MORE DETAILS.

 

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Removal of resistance: Keiser says that algorithm trading has gone rogue. Unification: Watch the show via the link in the references below.
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(TVhobo's estimated size of readership since 2013, mainly in the UK and USA, with Germany in third place:
over 200,000 readers across approximately 200 cities/towns

 

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References:

http://rt.com/shows/keiser-report/232155-episode-max-keiser/

 

 

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