Cyprus-Forum.com

[repulsewarrior]

...ripple, doesn't an American Bank have an interest in it, if i recall?

[miltiades]

...ripple, doesn't an American Bank have an interest in it, if i recall?

Indeed, but the interest is merely their considering switching to Ripple as their money transfer vehicle.

[miltiades]

Just an update in Tomtom
Their chief executive had intense discussions yesterday with Bloomburg hence the drop in the price.
Having read extensively I shall at 10am sell my shares. Although I had fixed a 7.00 euro as my selling target, I have decided to cash in my profit which should be around 680 euros. Not bad foe a 2 week investement.

[Paphitis]

Well done.

680 isn’t to be scoffed at on a short trade.

[miltiades]

What changed my mind:
Dutch Mapmaker TomTom Is Keeping ‘Open Mind’ on Deals, CEO Says

By Ania Nussbaum
(Bloomberg) -- Dutch digital mapmaker TomTom NV is
receptive to more collaboration with automakers and technology
companies, but its future success doesn’t hinge on any big tie-
ups, according to Chief Executive Officer Harold Goddijn.
Within the car industry “things are changing and we want to
keep an open mind,” he said in an interview on Thursday in
Paris. Yet, the CEO added, “We’re an independent company and we
are flourishing partly because we are the Switzerland of mapping
technology.”
Speculation about TomTom has swirled in recent months as
car manufacturers and tech firms partner to develop autonomous
features in vehicles. The Dutch company’s decision to sell its
telematics fleet-management business has also fueled the fire,
with TMT Finance reporting unsolicited bids to take over the
whole company came from at least three private-equity firms
during the process.
“What is for sale is the telematics business” only, Goddijn
said, declining to comment on what he called “rumors.”

‘Biggest Opportunity’

TomTom is confident of completing the divestment in the
first quarter of 2019. Strong interest in the division that’s
focused on vehicle-related data and intelligence for connected
car services “doesn’t mean that we’ll be able to divest it, but
it looks okay,” he said.
In offloading telematics, TomTom will focus on location
technology because “that’s where the biggest opportunity is,” he
added.
The Dutch manufacturer has shifted its focus to mapping as
customers ditch its dedicated personal navigation systems for
ones built into smartphones. Yet that market has also thrown up
the same powerful competitors including Apple Inc., which is
also building a custom maps infrastructure.
The most recent setback for TomTom was the scrapping of a
maps deal with Volvo Cars. This followed a move in September by
Renault SA and associates Nissan Motor Co. and Mitsubishi to
sign on with Google’s Android operating system and maps,
effectively phasing out a collaboration with the Dutch company
in most regions.
Read More: TomTom Claws Back With BMW, PSA After Loss to
Google on Renault
The CEO brushed aside those worries, pointing to a pipeline
of projects. The company is counting on the arrival of self-
driving cars to introduce new applications for passenger
autonomous driving as early as in 2021. It also has a high
definition map offering for a truck maker in 2019 that will help
save fuel.
Goddijn sees the company generating around 850 million
euros ($961 million) in revenue this year, compared with 1.7
billion euros in 2007. Gross margins will have almost doubled
compared to a decade ago.
“Can we go back to 1.7 billion euros? I think we can,”
said. “We are OK. We aren’t forced to do anything stupid. We’re
not in a hurry.”

[miltiades]

Have sold at 7.85, not the price I originally aimed for, but such is speculative buying.
The CHief Executive's statement has dampened bid expectations, he controls 44% of the shares. Still I can't complain, just over €600 in 16 days isn't to be scoffed, thats around 8.3% return in 16 days or at least 75 bottles of red.
My curtent exposure is Ripple XRP, BOUGHT at 0.44$ .will hold on until I ....feel like more ....wine !!
Now watching a couple of others, will decide on further action in due course.

[Maximus]

Short sell that piece of shit........

[miltiades]

Short sell that piece of shit........

That piece of shit earned me 617 euros.
I wish i could spot another pile of shit.
Wat h out for RIPPLE XRP
My next one, watching now, is GALAPAGOS.
Oh boy do I love .....pile of scata !!

[Maximus]

Short sell that piece of shit........

That piece of shit earned me 617 euros.
I wish i could spot another pile of shit.
Wat h out for RIPPLE XRP
My next one, watching now, is GALAPAGOS.
Oh boy do I love .....pile of scata !!

If that's the case, then you could potentially make more from it on the short side.

Makes more sense to short sell shit than to buy it.

[Maximus]

whatever you made on Tommy, you could potentially lose on ripple if you are not careful, because Crypto's are tanking.

Having said that, I think I might short sell the bitcoin. It has the potential to half in price over the coming months...