Bitcoin got hammered yesterday after New York Attorney General Eric Schneiderman announced an investigation into some of the major cryptocurrency exchanges.
I��ve been warning about a coming government crackdown on bitcoin for several months, and now we��re seeing it happening around the world.
From China to Japan to South Korea and here in the U.S., the regulators are closing in on bitcoin. And all those who thought their bitcoin was invisible to the IRS are getting a rude awakening these days.
Bitcoin was the classic bubble. Market bubbles are nothing new. In the 17th and 18th centuries we had the Dutch tulip bubble, the French Mississippi bubble and the U.K.��s South Sea bubble.
The 19th century saw bubbles in canal building (1830s), gold (1869) and railroads (1890s). In the 20th and 21st centuries we have seen bubbles in Florida real estate (mid-1920s), stocks (late 1920s), dot-coms (2000) and mortgages (2007).
All of these episodes of investment mania crashed, causing enormous losses for investors. As always, some investors got in early and got out before the crash and walked away with their winnings. But most did not.
Best China Stocks To Watch For 2019: Entercom Communications Corporation(ETM)
Advisors' Opinion:- [By Joseph Griffin]
Entercom Communications (NYSE:ETM) was downgraded by research analysts at Noble Financial from a “buy” rating to a “hold” rating in a report released on Wednesday, The Fly reports.
- [By Lisa Levin]
Entercom Communications Corp. (NYSE: ETM) shares dropped 18 percent to $8.75 following Q1 earnings.
Shares of Hertz Global Holdings, Inc. (NYSE: HTZ) were down 17 percent to $18.505 after the company reported a wider-than-expected loss for its first quarter.
- [By Max Byerly]
Keeley Teton Advisors LLC increased its stake in Entercom Communications Corp. (NYSE:ETM) by 64.5% during the first quarter, according to its most recent filing with the Securities & Exchange Commission. The fund owned 202,992 shares of the company’s stock after acquiring an additional 79,580 shares during the quarter. Keeley Teton Advisors LLC owned approximately 0.15% of Entercom Communications worth $1,959,000 at the end of the most recent quarter.
Best China Stocks To Watch For 2019: HCP, Inc.(HCP)
Advisors' Opinion:- [By Ethan Ryder]
HCP (NYSE:HCP) was downgraded by analysts at Evercore ISI from an in-line rating to an underperform rating.
Aurubis (ETR:NDA) was given a €90.00 ($104.65) target price by analysts at Nord/LB. The firm currently has a buy rating on the stock.
- [By Matthew Frankel]
Healthcare real estate investment trust HCP (NYSE:HCP) hasn't exactly been a high-performing stock recently. In fact, while the S&P 500 has risen 26% over the past two years, HCP has fallen 23%.
- [By Nelson Hem]
In "Raymond James Picks Welltower, Sabra Health In Underweighted Health Care REIT Sector," Shanthi Rexaline takes a look at why HCP, Inc. (NYSE: HCP) didn't make the cut among these health care REIT picks.
- [By Ethan Ryder]
Swiss National Bank decreased its position in shares of HCP, Inc. (NYSE:HCP) by 13.1% in the first quarter, Holdings Channel reports. The fund owned 1,499,221 shares of the real estate investment trust’s stock after selling 226,400 shares during the quarter. Swiss National Bank’s holdings in HCP were worth $34,827,000 as of its most recent SEC filing.
Best China Stocks To Watch For 2019: Altura Mining Limited (ALTAF)
Advisors' Opinion:- [By ]
Altura Mining [ASX:AJM] (OTC:ALTAF)
On April 30, Altura Mining announced: "Stage 2 Definitive Feasibility Study at Pilgangoora delivers outstanding results." Highlights include:
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