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Author Topic: USXP - Watch!
Stock, Ham, and Mayo Sandwich
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"we need to collect the $700,000,000 lawsuits"

Who is the payer? And who is the payee?

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Chris4205
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For those sports fans, in particular Boston sports and or Rick Pitino, might enjoy this quote of his:

The only thing we can do is work hard. And all this negativity that's in this town sucks. And I've been around when Jim Rice was booed. I've been around when [Carl] Yastrzemski was booed. And it stinks. It makes the greatest town, greatest city in the world, lousy. The only thing that will turn this around is being upbeat and positive, like we are in that locker room. So if you think we are not coming out to play against the Toronto Raptors, you are mistaken. Only we are not coming to play with Bird, McHale, and Parish. Or [Bob] Cousy or [Bill] Russell. We are coming with young guys that want to get better and want to play the game. And we are going to stay positive all the way through it. And if you think I will succumb to negativity, you are wrong. You've got the wrong guy leading this basketball team."

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Swab Jockey
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Sorry DK...fat fingers... meant the company needs to collect on these lawsuits that they keep saying are "eminently collectible". Per their pr's the judgements have been in place for several years. (various companies USXP has sued for breach of contract etc over the years all is available in their news archives going back to around 2001)

BTW Chris I am lifelong BOSOX/Bruins fan and ur right it's a great quote the point is I'm not leading the team RA is and need to see something besides fluff from him.

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CG-48 "Victory is our tradition"

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Chris4205
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quote:
Originally posted by Swab Jockey:
Sorry DK...fat fingers... meant the company needs to collect on these lawsuits that they keep saying are "eminently collectible". Per their pr's the judgements have been in place for several years. (various companies USXP has sued for breach of contract etc over the years all is available in their news archives going back to around 2001)

BTW Chris I am lifelong BOSOX/Bruins fan and ur right it's a great quote the point is I'm not leading the team RA is and need to see something besides fluff from him.

I am as well Swab and I agree completely about RA. Enough with the FLUFF! lol
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rkh2005
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quote:
Originally posted by dkinvest:
"That's where I bought it the last time I did. I sold at .0215 today for a nice profit"

.0001?

My bad. I was replying to the guy before yours. .013 is where I bought....I edited that post.
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Stock, Ham, and Mayo Sandwich
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I would be extremely cautious about suggesting that there is potential income resulting from lawsuits.

That could easily be misconstrued, and taken quite literally by the readers of this message board.

We have already been through that debacle.

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Swab Jockey
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Dkinvest - is right my last post should be viewed as my opinion only. It should not be construed as reliable (or inside) information and newbies (I am still one also) definately should not make financial decisions based on that.

DK thanks for pointing that out should have realized it could be read as hype

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CG-48 "Victory is our tradition"

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MikeC
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By LIZ SIDOTI, Associated Press Writer



GOP House Panel Votes to Block Ports Deal


In a congressional election-year repudiation of President Bush, a House panel dominated by Republicans voted overwhelmingly Wednesday to block a Dubai-owned firm from taking control of some U.S port operations. Democrats clamored for a vote in the Senate, too.

By 62-2, the House Appropriations Committee voted to bar DP World, run by the government of Dubai in the United Arab Emirates, from holding leases or contracts at U.S. ports. The landslide vote was the strongest signal yet that more than three weeks of White House efforts to stunt congressional opposition to the deal have not been successful.

Bush has promised to veto any such measure passed by Congress. But there is widespread public opposition to the deal and the GOP fears losing its advantage on the issue of national security in this fall's elections.

The White House said the president's position was unchanged.

"This is a national security issue," said Rep. Jerry Lewis (news, bio, voting record), the chairman of the House panel, adding that the legislation would "keep America's ports in American hands."

As the committee acted, Democrats on the other side of the Capitol maneuvered for a vote in the GOP-led Senate.

Republican leaders are trying to block a vote on the ports deal through a procedural vote that could occur as early as Thursday. That tactic is likely to fail, which could prompt Republicans to pull a lobbying reform bill from the floor in order to avoid defeat on the ports measure.

"We believe an overwhelming majority will vote to end the deal," said Democrat Charles Schumer of New York, whose attempt to force the issue to the floor brought the Senate to a late-afternoon standstill.

Congressional supporters of the deal "are few and far between," conceded Sen. John Warner (news, bio, voting record), R-Va., an administration supporter.

GOP Senate leaders hope to delay a quick showdown with Bush on the issue, but the House committee, led by members of Bush's own party, showed a willingness to defy him on a security issue in an age of terrorism.

Raising the stakes, the panel attached the ports language to a must-pass $91 billion measure financing hurricane recovery and wars in Iraq and Afghanistan. The committee approved the entire bill late Wednesday by voice vote and the full House could consider that measure as early as next week.

White House spokeswoman Dana Perino said the administration was concerned that attempts to address the DP World deal in that bill could delay money needed for U.S. troops and for hurricane victims on the Gulf Coast.

"We are committed to open and sincere lines of communication and are eager to work with Congress," she said.

Congressional opponents of the deal hammered away at the security questions they said the ports deal raised.

"One of the most vulnerable situations facing America is our ports of entry," said Rep. Bill Young, R-Fla., chairman of the House defense appropriations subcommittee. "Whoever's responsible for those ports of entry should be American."

Rep. Marcy Kaptur (news, bio, voting record), D-Ohio., said allowing the DP World takeover to proceed — and ignoring the public outcry over it — would be irresponsible. "The American people elected us to do something when an issue like this comes up," she said.

Only Reps. Jim Kolbe, R-Ariz., and Jim Moran, D-Va., voted against the measure.

"It is premature, we don't have enough information and ... it may turn out to be unnecessary," Moran said. Added Kolbe: "I just don't think this is the right thing to do."

Twice, anti-war protesters interrupted the committee meeting. They shouted: "this war is illegal," "stop funding this war," and "the blood is on your hands."

The House and Senate developments underscored the extent to which the politically charged issue has come to dominate the agenda in recent days, with Republicans and Democrats competing to demonstrate the strongest anti-terrorism credentials in the run-up to midterm elections.

Republicans worked to prevent a vote in the Senate as an aide to Majority Leader Bill Frist said the Tennessean warned Treasury Secretary John Snow "the president's position will be overrun by Congress" if the administration fails to aggressively and clearly communicate with lawmakers during a 45-day review of security implications.

The aide spoke on condition of anonymity because the meeting was private among Snow, Frist and several GOP committee chairmen. The Treasury Department oversees the multi-agency committee that initially approved the DP World takeover.

Republicans said it was possible senators would pass a simple symbolic statement in coming weeks that would put the Senate's view of the takeover on record without interfering with it.

But by mid-afternoon Wednesday, with the Senate debating legislation to respond to a corruption scandal involving lobbyists, Democrats signaled they wouldn't be satisfied with a weak provision.

Democratic Leader Harry Reid of Nevada told reporters he was prepared to let the lobbying reform bill languish if necessary.

Senate Republicans accused Schumer of subterfuge in the way he sought to inject the issue into the debate, pointing to a letter earlier this month in which he and other Democrats said they would refrain from seeking immediate legislation.

Schumer and fellow Democrats brushed that aside, with Reid calling the maneuver "absolutely valid."

The political context was unmistakable. Democrats circulated a pollster's memo claiming that recent events had "dramatically reduced" the GOP advantage on national security.

Some GOP senators accused the House of acting prematurely because of the heat Republicans were taking from their constituents.

"To kill the deal without a comprehensive solution to port security is just living for the political moment," said Lindsey Graham, R-S.C

On the House floor, Democrats failed for the second time in a week to force a debate and vote on separate legislation to block DP World's entry into U.S. port operations. In the committee, Republicans defeated a broader Democratic amendment that would have changed the process the United States uses to approve such foreign investments.

Republicans and Democrats in Congress have been assailing the Bush administration for approving DP World's purchase Peninsular & Oriental Steam Navigation, a British company that holds leases at several U.S. ports.

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redgurl19
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I said that has has nothing to do with the whole usxp deal with dubai. I even confirmed that with mark. God you are stupid!
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redgurl19
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EVERYONE WATCH TODAY [Smile] WATCH WATCH WATCH WATCH!
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Chris4205
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quote:
Originally posted by redgurl19:
EVERYONE WATCH TODAY [Smile] WATCH WATCH WATCH WATCH!

PR coming or some other good news?
I hope
[Smile]

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Stock, Ham, and Mayo Sandwich
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I hope I watch this thing go up.
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redgurl19
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PR [Smile] Definitely . Should be . As long as your in , youll be happy [Smile]
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Chris4205
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I hope it is not another fluff PR.
The bid and ask right now are down.

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ssharley
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Have you got any news red or just your normal bright outlook ?
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keysmoon
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we are going to sink without PR
The trend shows we are sinking slowly..

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Patience is a virtue .....

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BlindMellonChitlin
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There is no news until news is posted. BS 'phone conversations and emails' posted don't mean squat.

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Making it a little at a time....Now is the time to determine if you are a man or a mouse.

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Stock, Ham, and Mayo Sandwich
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"There is no news until news is posted. BS 'phone conversations and emails' posted don't mean squat."

You are no blind melon.

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keysmoon
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The trend shows more red----Not going to be a pretty day without PR

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Patience is a virtue .....

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ssharley
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just saw a post tieing usxp and crgo in a deal- any thoughts on this? need more eyes looking- just a rumor on another board but they do go hand-in-hand. what do you think?
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redgurl19
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I believe .............Its more of a positive outlook [Smile]
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pennys4themoney
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Not showing any buys as of yet. The ship is going to sink real fast.

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The thing I learned most about this is to take a profit when you can and you gotta have PATIENCE!

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BlindMellonChitlin
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Anyone that bases their trading decisions on anything posted on these boards is just what the MM's are looking for. Easy prey.

I'll reiterate my thoughts on USXP.

RA has released PR's that indicate there 'may' be some future value in this company. Those PR's IMO have stated certain 'facts' and therefore may not be provided any protection under the Safe Harbor clause.

That said, RA must at some time provide additional information that supports those 'facts' or possibly face serious consequnces.

I personally own shares and will likely buy some more if the current 'sinking' trend moves the price down to a level I feel comfortable with.

For those that bought at the upper range of the recent prices....this is the time to average down also...if you have any faith or guts to do so.

Otherwise just sit tight and wait.

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Making it a little at a time....Now is the time to determine if you are a man or a mouse.

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Swab Jockey
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Concur blind...looking for .016-.0165 to buy back in might even go lower

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CG-48 "Victory is our tradition"

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redgurl19
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Hopefully , I think it has lots of potential [Smile]
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keysmoon
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I'm in for the long run

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Patience is a virtue .....

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Stock, Ham, and Mayo Sandwich
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"For those that bought at the upper range of the recent prices....this is the time to average down also...if you have any faith or guts to do so."


Done that already, now I am down even further. Sort of like shootin' the other foot as well.

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redgurl19
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USXP MOVING
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636rider
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ya downnnn
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Stock, Ham, and Mayo Sandwich
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I've felt like Hillary Clinton's tampon ever since buying this stock.
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iternity
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news on the way IMHO! any minute. JMO.
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keysmoon
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Hopefully it won't be more "Fluff".
I've eaten all the "fluff" I can eat.
Bring out the surf 'n turf.

--------------------
Patience is a virtue .....

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keysmoon
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[Frown]

AR please PR soon

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Patience is a virtue .....

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Swab Jockey
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DK ya gotta way with word's thats all I can say
roflmao

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CG-48 "Victory is our tradition"

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Stock, Ham, and Mayo Sandwich
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Stick a fork into this one, She's done.
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