The Jones Act is a protectionist racket for the benefit of crony capitalist beneficiaries. Why not get AOC, Lin Manuel Miranda and, say, Yadier Molina onboard a move to repeal it!?
@PKsNYC@Creatorfirst81@Caprico_Uruk@UpslopeCapital First class! Thank you. This hits the spot. If Abaxx could persuade a Fairfax or Berkshire Hathaway type investor (perhaps even Temasek) to buy the stock in the market on non preferential terms i think the short sellers would cover and retreat. Then it could focus on business!
@leboenojeannot@viceroyresearch Well said. What’s the solution? Unfortunately IMO Josh has spent too much time berating shorts in the past. Gives them too much visibility. Who cares? Need someone like a Citadel or big Canadian pension fund to step up to plate
@afneil Of course Andrew but when will someone argue against the absurd Budget Audit and National Audit Act which can be “updated” by whoever is in power. Abiding by it requires constant additional taxes masked as responsibility- move on!
@PolicyEngineer Why not reach out to your Republican representatives (anywhere) to suggest someone in House or Senate bring forward a bill to make waiver permanent?! Get Hawaii dems onside.
@BluthCapital IWM tends to be a lethal short around Russell rebalancing at end June and thereafter. Look how it performed in summer of 2008 for example! I know. I was there. Btw at least this index will not include SpaceX, ergo much safer!! 😀
@NStepmum I sympathize but until Thai plant is up and running in 2028, stock will be prey to 50% swings or more. Hope to hear about a significant step to reducing cash outflows on existing business on Q2 call. August?
@JoshCrumb Hi Josh,
Just reaching out to ask if the Toronto stock exchange could somehow make Abaxx Technologies Crest available- still necessary apparently for at least some UK brokerages. Notionally a dual listing is necessary but Tourmaline and Wesdome do not, yet are in Crest!
I have largely remained silent in public since January 1 because I believe criticism should be constructive and focused. But this post about the Nakba is deeply disturbing, not only because of its one sided and dishonest characterization of history, but also because it attempts to delegitimize Israel as a state even before 1967.
You cannot have it both ways. You cannot argue that the “settlements”, which began after 1967 following Israel’s victory in a war against neighboring states, are the root cause of the conflict, condemn them relentlessly, and justify marches through Jewish neighborhoods in New York over so called “illegal” land sales in the West Bank, while simultaneously condemning the very founding of the State of Israel itself through a one sided narrative built on distortion and falsehoods.
It is also worth noting that while thousands of Arabs lived within Israel between 1948 and 1967, Jews were expelled from areas captured by invading Arab armies from neighboring countries. Those expelled included Jews whose families had legally owned and purchased land for hundreds of years.
Take, for example, the Tzemach synagogue in Jerusalem. In 1847, more than a hundred years earlier, followers of Chabad Lubavitch established and purchased the synagogue in Jerusalem’s Old City. During the 1948 war, the Old City fell under Jordanian control. The Jewish population was expelled, and Jews were denied access to Jerusalem, including the Tzemach Tzedek synagogue.
I really do not want to get too deep into the history because that is not my main point here. There can be disagreements and different perspectives about what happened and to whom, but the focus should be on achieving a long term peace in Israel and the region.
The tweet’s one sided narrative deepens division instead of advancing peace, coexistence, and understanding, and it should never have been posted by the mayor of New York City.