Buy to Cover Limit Order

A Buy to Cover Limit Order is an order used to attempt to cover (close) a currently open short position at a price that is lower than the current market price.
Example: Suppose you currently hold 100 shares of Pfizer (PFE) that you previously Sold Short @ $30 per share. Assume it is currently trading at $25 per share. You would like to exit the trade (cover) and take profit if it reaches $22 or less.
You place a Buy to Cover Limit Order @ $22 on 100 shares of PFE. Now suppose the price trades down to $22. As long as the price remains below $22 per share, your short position would then be closed at the next best available price that is $22 per share or lower, representing a profit of at least $8 per share ($30-$22).

The main benefit of a Buy to Cover Limit Order is that you may be able to exit your short position at a price that is lower than the current market price and you are able to set a minimum amount you're willing to exit at (your limit price). Buy to Cover Limit Orders are great for taking profit on Short positions.
But, if the stock's price reaches your limit price, but then changes direction to the upside before your order is filled, you will not exit the trade. Also, if the price never reaches your limit price, you will still be stuck with your short position.

The age of Kali: description of Indian temple

The conscious fecundity of the temple is evident in every aspect  of its decoration. Spiralling out over the cornices and the finials of the arcades are a great anarchic cavalcade of mask heads, demons, demi-gods and godlings, peeping out from the angles, coming to roost under the pendetives; a great spiralling pantheon of Hindu
deities that is repeated with even greater vigour over the towering gopuras.

Green Card through EB-5

http://faq.visapro.com/EB5-Green-Card-FAQ3.asp

http://www.eb5greencard.com/eb5visa/eb5-investment-requirements.php

http://www.rxownership.com/Select_business_advisors.html

1. What is EB-5 Investor Green Card? Permanent resident status based on EB-5 eligibility is available to investors, either alone or coming with their spouse and unmarried children. Eligible foreign nationals are those who have invested, or are actively in the process of investing, the required amount of capital into a new commercial enterprise that they have established. They must further demonstrate that this investment will benefit the U.S. economy and create the requisite number of full-time jobs for qualified persons within the U.S. 2. Who is eligible for EB-5 Investor Green Card? You may be eligible for EB-5 immigrant visa:   If you establish a new commercial enterprise by: •    Creating an original business •    Purchasing an existing business and simultaneously or subsequently restructuring or reorganizing the business such that a new commercial enterprise results; or •    Expanding an existing business by 140 per cent of the pre-investment number of jobs or net worth, or retaining all existing jobs in a troubled business that has lost 20 per cent of its net worth over the past 12 to 24 months; and   If you have invested, or are actively in the process of investing, in a new commercial enterprise: •    At least $1,000,000, or •    At least $500,000 where the investment is being made in a ‘targeted employment area,’ which is an area that has experienced unemployment of at least 150 per cent of the national average rate or a rural area as designated by OMB; and   If your engagement in a new commercial enterprise will benefit the U.S. economy to: •    Create full-time employment for not fewer than ten qualified individuals; or Maintain the number of existing employees at no less than the pre-investment level for a period of at least two years, where the capital investment is being made in a ‘troubled business’, which is a business that has been in existence for at least two years and that has lost 20 per cent of its net worth over the past 12 to 24 months. Targeted Employment Area (TEA) A Targeted Employment Area is defined by law as “a rural area or an area that has experienced high unemployment of at least 150 percent of the national average.” 'Rural Area' - means any area not within either a metropolitan statistical area (as designated by the Office of Management and Budget) or the outer boundary of any city or town having a population of 20,000 or more. A Targeted Employment Area (TEA) for EB-5 Visa purpose allows $500,000 USD investment rather than the regular $1 Million USD. The USCIS Regional Center designation allows the requisite job-creation to be indirect and induced, as well as direct. When you have a Targeted Employment Area within a Regional Center you get a EB-5 project that requires $500,000 USD and allows job-creation to take place through directly and indirectly, but sometimes all indirectly.

starting my own pharmacy links

http://www.ncpanet.org/

http://www.ascp.com/

http://www.score.org/index.html

Also contact your local SBA(small business administration) agency in your area. They can help you out tons.
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Hire an accountant, a consulting firm, and a lawyer to purchase a large pharmacy. The consulting firm will asses if its profitable, the accountant will make sure the profits r legit and not inflated. The lawyer will deal with the transfer of the business to u.

Originally Posted by james07  What are the advantages and disadvantages of starting your own Pharmacy? Approximately how much can one aspect to make owning there own Pharmacy and how do you go about starting one? How long do you have to be a Pharmacist before your able to start your own? -thanks in advance

The advantages are numerous. You can practice the way you want to practice pharmacy, and you answer to yourself. The income potential is unlimited, and governed really only by your imagination. Some entrepreneurs love owning one store, while several go on to own a mini-chain. You're net worth grows, the more successful you become. You set your own hours, which can be good or bad. You become an important pillar of the community, and if you are really good some people will rely on your expertise. You can put other people to work, and help improve their lives. You can contribute to charities, and help them with the massive amounts of money you'll be making. Helping people in this business is extra important.
 If you talk to most pharmacy entrepreneurs, most will tell you that they opened a business because many were not happy working for the corporations and they feel that they were not practicing pharmacy. I guess they were happy with their decision.

On to disadvantages. Cost to start up one is about 100-450k, depending on what you want to do. If you are doing a startup, it takes a while to generate business. If you are acquiring an existing one, if can cost you much, much more. You also need to specialize these days. Old-school third party pharmacies are going out of business these days because of low reimbursements, so that avenue is closed. Look to compounding, or closed door pharmacies. At first, you may have to do everything yourself(accountant, stock person, technician, pharmacist, janitor).

You can start a pharmacy as soon as you graduate. It's up to you. If you are seriously interested in becoming an entrepreneur join your local chapter of NCPA or check out ncpanet.org. Or posts requests on the NCPA subforum here.
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The biggest disadvantage of pharmacy business and other healthcare industry today is that we have lost our ability to manipulate reimbursement for profit. Basically, we can't charge for goods and services as we wish. It's predetermined by the 3rd party payors and contracts.

And the reimbursement is getting smaller everyday.


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There actually is a way to get around the funding issue (although not until the credit crisis has eased up). First, you want to make a viable business model. Second, take it to some small business gov't group and have them determine whether it is viable. Third, draw up incorparation papers (so you aren't liable) and take out a loan if you can. Fourth, well it's in your hands...

Any flaws? I read somewhere there is a small business bureau that helps new business start up.
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There is a group out there called SCORE(counselors for small business). Here is a link

http://www.score.org/index.html

Also contact your local SBA(small business administration) agency in your area. They can help you out tons.


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Is sugar toxic?

"In animals, or at least in laboratory rats and mice, it’s clear that if the fructose hits the liver in sufficient quantity and with sufficient speed, the liver will convert much of it to fat. This apparently induces a condition known as insulin resistance, which is now considered the fundamental problem in obesity, and the underlying defect in heart disease and in the type of diabetes, type 2, that is common to obese and overweight individuals. It might also be the underlying defect in many cancers."


"Emerson’s argument was countered by Elliott Joslin, a leading authority on diabetes, and Joslin won out. But his argument was fundamentally flawed. Simply put, it went like this: The Japanese eat lots of rice, and Japanese diabetics are few and far between; rice is mostly carbohydrate, which suggests that sugar, also a carbohydrate, does not cause diabetes. But sugar and rice are not identical merely because they’re both carbohydrates. Joslin could not know at the time that the fructose content of sugar affects how we metabolize it."


"Until Lustig came along, the last time an academic forcefully put forward the sugar-as-toxin thesis was in the 1970s, when John Yudkin, a leading authority on nutrition in the United Kingdom, published a polemic on sugar called “Sweet and Dangerous.” Through the 1960s Yudkin did a series of experiments feeding sugar and starch to rodents, chickens, rabbits, pigs and college students. He found that the sugar invariably raised blood levels of triglycerides (a technical term for fat), which was then, as now, considered a risk factor for heart disease. Sugar also raised insulin levels in Yudkin’s experiments, which linked sugar directly to type 2 diabetes. Few in the medical community took Yudkin’s ideas seriously, largely because he was also arguing that dietary fat and saturated fat were harmless. This set Yudkin’s sugar hypothesis directly against the growing acceptance of the idea, prominent to this day, that dietary fat was the cause of heart disease, a notion championed by the University of Minnesota nutritionist Ancel Keys."


"You secrete insulin in response to the foods you eat — particularly the carbohydrates — to keep blood sugar in control after a meal. When your cells are resistant to insulin, your body (your pancreas, to be precise) responds to rising blood sugar by pumping out more and more insulin. Eventually the pancreas can no longer keep up with the demand or it gives in to what diabetologists call “pancreatic exhaustion. Now your blood sugar will rise out of control, and you’ve got diabetes.
Not everyone with insulin resistance becomes diabetic; some continue to secrete enough insulin to overcome their cells’ resistance to the hormone. But having chronically elevated insulin levels has harmful effects of its own — heart disease, for one. A result is higher triglyceride levels and blood pressure, lower levels of HDL cholesterol (the “good cholesterol”), further worsening the insulin resistance — this is metabolic syndrome."


"This raises two obvious questions. The first is what sets off metabolic syndrome to begin with, which is another way of asking, What causes the initial insulin resistance? There are several hypotheses, but researchers who study the mechanisms of insulin resistance now think that a likely cause is the accumulation of fat in the liver. When studies have been done trying to answer this question in humans, says Varman Samuel, who studies insulin resistance at Yale School of Medicine, the correlation between liver fat and insulin resistance in patients, lean or obese, is “remarkably strong.” What it looks like, Samuel says, is that “when you deposit fat in the liver, that’s when you become insulin-resistant.”


"By the early 2000s, researchers studying fructose metabolism had established certain findings unambiguously and had well-established biochemical explanations for what was happening. Feed animals enough pure fructose or enough sugar, and their livers convert the fructose into fat — the saturated fatty acid, palmitate, to be precise, that supposedly gives us heart disease when we eat it, by raising LDL cholesterol. The fat accumulates in the liver, and insulin resistance and metabolic syndrome follow."


"Michael Pagliassotti, a Colorado State University biochemist who did many of the relevant animal studies in the late 1990s, says these changes can happen in as little as a week if the animals are fed sugar or fructose in huge amounts — 60 or 70 percent of the calories in their diets. They can take several months if the animals are fed something closer to what humans (in America) actually consume — around 20 percent of the calories in their diet. Stop feeding them the sugar, in either case, and the fatty liver promptly goes away, and with it the insulin resistance."


"Similar effects can be shown in humans, although the researchers doing this work typically did the studies with only fructose — as Luc Tappy did in Switzerland or Peter Havel and Kimber Stanhope did at the University of California, Davis — and pure fructose is not the same thing as sugar or high-fructose corn syrup. When Tappy fed his human subjects the equivalent of the fructose in 8 to 10 cans of Coke or Pepsi a day — a “pretty high dose,” he says —– their livers would start to become insulin-resistant, and their triglycerides would go up in just a few days. With lower doses, Tappy says, just as in the animal research, the same effects would appear, but it would take longer, a month or more."


http://www.nytimes.com/2011/04/17/magazine/mag-17Sugar-t.html?pagewanted=1&_r=1&src=twr

excellent article. 

Link to Journal of Economic perspectives archives

http://www.aeaweb.org/jep/contents/index.php

Excellent journal and interesting articles for non-academics and professionals at the same time. 

Excellent paper on India-pre and post crisis and reforms needed

http://www.adbi.org/files/2011.03.29.wp272.crisis.imbalances.india.pdf