Archive for January, 2018

Ambassador Says Russia Shouldn’t Limit Oil Shipments To North Korea

Courtesy of ZeroHedge. View original post here.

One would hope that, after President Donald Trump declined to impose sanctions against a host of Russians with purported ties to the government earlier this week, he would at least receive a temporary reprieve from any provocative behavior.

Korea

Unfortunately, that couldn’t be further from the reality. As Reuters reports, Russia’s ambassador to North Korea said Wednesday it was better not to cut deliveries of oil and oil products to North Korea, according to the RIA News Agency. Continuing oil shipments to North Korea would of course violate international sanctions passed by the UN Security Council – sanctions that Russia agreed to at the time.

In recent months, US spy satellites have caught ships with ties to Russia and China delivering badly needed oil to North Korea via ship-to-ship trade.

According to RIA, the ambassador said cutting oil deliveries to the North would be interpreted by Pyongyang as a declaration of war and lead to serious problems, including of a humanitarian nature.

In recent months, Russia has kept up its low-pressure policy of confrontations with US military planes in international airspace. Yesterday, we published a video of Russia’s latest attempt to recreate a scene from the movie “Top Gun”: The video showed a Russian Su-27 fighter jet reportedly performed an “unsafe intercept of a US Navy P-3 Orion surveillance plane” while it was flying in international airspace next to Russia, over the Black Sea Monday. The Su-27 reportedly came within five feet of the US plane.

While most observers labeled the Treasury’s “Oligarch’s List” as little more than a rehashing of a Forbes’ list of wealthy Russians, Russian President Vladimir Putin has denounced its release as a “hostile” act.

While the remarks haven’t made much of a splash outside the Russian media, we imagine this suggestion will warrant some kind of a response from the US, or the UN.

Despite this, Reuters reported Wednesday that Russia will send home all migrant workers from North Korea by the end of 2019 in compliance with the UN sanctions.





RETURN ON INVESTED CAPITAL IS WHAT MATTERS WHEN INVESTING IN THE STOCK MARKET (ROIC)

By Akhlaqahmed9941. Originally published at ValueWalk.

Return on invested capital is one of the most important investment tools according to Charlie Munger. In this video I show how to calculate return on investment capital (ROIC), show two examples and how those affected stock market returns and individual stock returns. ROIC is more than just another financial metric, it is a financial performance indicator that really helps in the value creation of a company and for long term investment returns. ROIC is what made Buffett and Munger billionaires. I explain how you can become a billionaire or just millionaire too by using the roid.


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Is Facebook’s Ban On Crypto Ads In Anticipation Of A Litecoin Integration

Courtesy of ZeroHedge. View original post here.

Authored by Dennis Consorte via Cryptosumer,

In early January rumors started spreading about whether Facebook would either adopt Litecoin or create its own cryptocurrency. On Tuesday, Facebook announced that it would block all cryptocurrency and ICO advertising on its platform.

Coincidence? Let’s look at the details.

Between December 6th and 17th of 2017, Litecoin (LTC) tripled in value, from $102.93 to $360.66 according to CoinGecko. Three days after it started to decline from its all-time-high, Charlie Lee, the founder of Litecoin announced that he sold off all of his LTC. Since then, Litecoin has been on a mostly downward trend and currently sits at $159.50.

There has been some speculation about whether Lee’s sell-off had an impact on the prices of Litecoin, and there have even been accusations of insider trading, given that he was the Director of Engineering at Coinbase. He denies these allegations and explained that his decision to dump his LTC was to remove any sort of conflict of interest between his influence and any potential gains. Taking the financial gains out of the equation, it stands to reason that Lee may now tweet more freely about his thoughts while focusing on his skills as an engineer.

At the time that Lee sold off his LTC, Coinbase announced the appointment of Facebook executive, David Marcus to their board of directors. David Marcus is the Head of Messenger at Facebook, with expertise in mobile-first products. Prior to that, he was President of PayPal, where he accelerated the overall growth of the company. The appointment of Marcus to the Coinbase board of directors sparked some speculation.

Tom Luongo published the story on December 20, which was later picked up by Zero Hedge and various other publications. According to Luongo, Charlie’s announcement prompted a big sell-off in the wake of Coinbase adding Bitcoin Cash (BCH) to its platform. He saw the negative response from the market as temporary, though Litecoin is still on a decline.

From a technology standpoint however, it’s a promising coin. It’s lighter, faster and cheaper than Bitcoin, is fully capable of…
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Vetr Crowd Bearish On Tesla, Downgrades To Sell

Courtesy of Benzinga.

The Vetr community on Wednesday downgraded Tesla, Inc. (NASDAQ: TSLA) from 3 stars (Hold) to 2.5 stars (Sell). Crowd confidence was trending negative, with 66.7 percent of Vetr users giving the stock a Sell rating, 28.9 percent a Buy and 4.4 percent a Hold.

See how crowdsourced ratings could help you time the market

At time of publication, Tesla shares were trading at $352.12. The Vetr crowd’s sentiment is bearish, setting a price target of $336.07, implying a 5.41 percent downside. Analyst consensus was varied but leaned bearish with an average recent target price of $337.80.

Posted-In: VetrDowngrades Analyst Ratings





6 Analysts React To The PayPal-eBay Split

Courtesy of Benzinga.

6 Analysts React To The PayPal-eBay Split

PayPal Holdings Inc (NASDAQ: PYPL) and eBay Inc (NASDAQ: EBAY) are headed in opposite directions after eBay announced it will switch to a new payments processor starting in 2020.

A number of Wall Street analysts weighed in on the two stocks following the report.

Voices From The Street

◘ Baird analyst Colin Sebastian said eBay’s strong U.S. Marketplace growth and StubHub performance offset weaker international performance. “eBay should begin to earn significant revenue and operating profit as the payment intermediary ($2 billion/25-percent margin targets), and as such, we view the change as a logical and strategically prudent decision,” Sebastian said of the PayPal announcement.

Sebastian said noise over the eBay announcement overshadowed a strong quarter for PayPal. “While eBay is making a strategic decision to gain more control over its marketplace payments, we assume PayPal will continue past 2020 to fund the majority of transactions.” 

◘ William Blair analyst Robert Napoli said PayPal will be just fine without being eBay’s processor. “The 12-percent selloff after hours driven by investor concerns over adjustments to the eBay agreement in 2020 is unsurprising given strong price gains recently, but we believe the thesis remains intact and long-term investors will be well rewarded,” Napoli said. 

◘ Bank of America analyst Justin Post said eBay’s growth outlook is improving and it now has a payments earnings bump coming in 2020. “Our positive view is based on eBay’s attractive valuation and potential for multiple expansion on improved Marketplace growth,” he said. 

◘ D.A. Davidson analyst Tom Forte said investors shouldn’t hesitate to buy eBay stock, even after Thursday’s big move higher. “While we believe there is no denying eBay has got its groove back


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Facebook’s Q4 Earns A ‘Like’ From Some, But Not All Of Wall Street

Courtesy of Benzinga.

Facebook's Q4 Earns A 'Like' From Some, But Not All Of Wall Street

Shares of Facebook Inc (NASDAQ: FB) hit a new all-time high of $195.32 Thursday despite some concerning metrics in its fourth quarter earnings report.

Here is a roundup of what some of Wall Street’s top analysts are saying after the print.

Morgan Stanley: Early Stages Of Growth

Facebook’s fourth quarter ad revenue came in 1 percent better than analysts were expecting, while GAAP EPS was 13 percent better than expected, Morgan Stanley’s Brian Nowak said in a note. The company is also working to improve and refine the quality of engagement on the platform, rather than the quantity of engagement. The decrease of 50 million engagement hours on the platform came at the expense of low quality viral videos.

At its core, Nowak said Facebook is a $40 billion annual ad business and making changes to its News Feed is a smart move as it balances any potential impact on society, while simultaneously delivering better than expected advertising monetization.

Bank Of America: ‘Sigh Of Relief’

Facebook’s user growth metrics came in short of expectations, including a 14 percent growth in daily active users (DAUs), Bank of America’s Justin Post said in a note. At the same time, the company showed an acceleration in ad pricing trends and Instagram’s momentum remains “solid.”

Some investors will continue to be concerned with changes to the News Feed, but Facebook’s management team offered commentary that suggests its financial trajectory is “on an even stronger path.”

Tigress Financial: Strong 2018 Ahead

Despite a miss in DAUs, mobile advertising revenue continued to grow, Tigress Financial’s Ivan Feinseth said in his morning newsletter. As such, the social media company will likely see a strong performance throughout 2018, especially at a time when it is expands video advertising and increases embedded ads in Instagram and Messenger.

Related Link: Facebook’s Q4: Were News Feed Fears Overblown?

Baird: Ignore The Headline Risks

Facebook’s ongoing headline risk of “fatigue”


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15 Stocks To Watch For February 1, 2018

Courtesy of Benzinga.

15 Stocks To Watch For February 1, 2018

Some of the stocks that may grab investor focus today are:

  • Wall Street expects Alibaba Group Holding Ltd (NYSE: BABA) to report quarterly earnings at $1.61 per share on revenue of $12.02 billion before the opening bell. Alibaba shares gained 0.59 percent to $205.50 in after-hours trading.
  • Analysts expect Apple Inc. (NASDAQ: AAPL) to post quarterly earnings at $3.77 per share on revenue of $86.23 billion after the closing bell. Apple shares fell 0.34 percent to $166.86 in after-hours trading.
  • Before the markets open, Time Warner Inc (NYSE: TWX) is estimated to report quarterly earnings at $1.45 per share on revenue of $8.43 billion. Time Warner shares rose 0.95 percent to close at $95.35 on Wednesday.
  • Facebook, Inc. (NASDAQ: FB) reported better-than-expected fourth quarter earnings. December monthly active users were up 14 percent year-over-year to 1.4 billion. Facebook shares rose 1.40 percent to $189.50 in the after-hours trading session.
  • Analysts are expecting United Parcel Service, Inc. (NYSE: UPS) to have earned $1.66 per share on revenue of $18.19 billion in the latest quarter. UPS will release earnings before the markets open. United Parcel Service shares fell 0.21 percent to $127.05 in after-hours trading.
  • After the markets close, Alphabet Inc (NASDAQ: GOOGL) is estimated to post quarterly earnings at $10 per share on revenue of $31.85 billion. Alphabet shares rose 0.49 percent to $1,188.00 in after-hours trading.
  • Microsoft Corporation (NASDAQ: MSFT) reported stronger-than-expected second-quarter results. Microsoft shares rose 0.12 percent to $95.12 in the after-hours trading session.
  • Wall Street expects Amazon.com, Inc. (NASDAQ: AMZN) to post quarterly earnings at $1.84 per share on revenue of $59.81 billion after the closing bell. Amazon shares gained 0.83 percent to $1,463.00 in after-hours trading.

Find out what’s going on in today’s market and bring any questions you have to Benzinga’s PreMarket Prep.

  • Before the opening bell, McKesson Corporation (NYSE: MCK) is expected to report quarterly earnings at $2.92 per share on revenue of $52.03 billion. McKesson shares declined 1.67 percent to close at $168.88 on Wednesday.
  • QUALCOMM, Inc. (NASDAQ:


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Charlie Munger Commencement Address – USC

By Akhlaqahmed9941. Originally published at ValueWalk.

Charlie Munger at the USC Law School giving a Commencement Speech on May 13, 2007. Charlie’s speech centers around ideas. Ideas that have helped him to become successful and what ideas to avoid.

Charlie Munger’s Commencement Address at USC. What a way to start the commencement speech. Lots to learn.

How much control do you really have over your happiness, and how effectively are you pursuing it? American Enterprise Institute President Arthur Brooks distills.

He’s an American business magnate, lawyer, investor, and philanthropist. He’s Vice-Chairman of Berkshire Hathaway Corporation, the diversified investment corporation chaired by Warren Buffett..


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Business Lawyer The Rule Of Law

succo / Pixabay

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Taiwan Holds Live-Fire War-Drills Amid Fears Of China Invasion

Courtesy of ZeroHedge. View original post here.

As the Trump administration has maintained its focus on the North Korean threat, there is another, potentially more severe, crisis unfolding in the Taiwan Strait between China and Taiwan.

Relations between China and Taiwan have deteriorated since President Tsai Ing-wen took office in May 2016, Beijing cut off communications with Taipei, stripped it of its democratic allies, and even conducted naval and air operations around the island in a show of force to ensure the island had minimal participation with international organizations.

In 2017, the Trump administration signaled the traditional U.S. commitment to Taiwan in multiple gestures. For instance, the president allowed for a massive $1.42 billion arms deal, which infuriated Beijing. Another gesture by the Trump was Taipei’s entry into the Global Entry, a U.S. Customs and Border Protection (CBP) program that allows expedited clearance for pre-approved travelers to the U.S.

While Taiwan shifted closer to the United States in 2017, Chinese diplomat Li Kexin informed U.S. officials in early December that the moment one of its warships visits Taiwan, Beijing will launch an invasion on the island.

Tensions have once again deteriorated this week as Chinese airlines have canceled hundreds of flights to Taiwan as disputes over aviation routes continue. Two major carriers, China Eastern Airlines and Xiamen Airlines, announced Tuesday they canceled the flights because Taiwan’s government refused to approve them.

In conjunction with hundreds of canceled flights before the Lunar New Year, Taiwan troops staged a massive live-fire war drill to simulate an invasion by China on Tuesday.

The military simulated an attack on the island using reconnaissance aircrafts to surveil incoming warships, followed by tanks firing rounds at the “mimicked enemy” landing around the Port of Hualien in eastern Taiwan.

In the air, attack helicopters and F-16 fighter jets launched assaults, supporting ground troops who battled the simulated enemy wearing red helmets.

Taiwan’s ministry did not outright define who the simulated invasion was by, but it is pretty clear with the chart below who that is.

Further, the ministry said the annual drill was to “show determination to safeguard peace in the Taiwan Strait and national security.”

The Taiwan Strait is the waterway that divides the island from China.

According to the AFP,

Cross-strait relations have turned frosty since the inauguration of Tsai, who refuses to acknowledge self-ruling, democratic Taiwan is part of “one China.” The drill on Tuesday takes place


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How Long Before Artificial Intelligence Makes Humans Redundant?

Courtesy of ZeroHedge. View original post here.

Authored by Daisy Luther via The Organic Prepper blog,

With all of the recent advances in artificial intelligence, are you starting to get worried? You really have to wonder how long it will be before human beings become redundant.

Maybe you should be concerned. In many cases, robots can easily replace humans in the manufacturing industry, the medical system, and even food service. Some theories suggest that offering universal basic income is the first step toward ushering in a world in which robots have all the jobs and humans live off the goodness of the government…for as long as that lasts. (Check out this documentary for more information.)

But losing job opportunities isn’t the only reason for concern. Not only is today’s AI extremely advanced, but it also has the capability to learn. Recently, many people were alarmed when an AI called Alpha Zero learned how to play chess in 4 hours, then beat world champion human chess players using moves never seen before.

It’s almost like the people developing these robots have never seen any of the Terminator movies, in which artificial intelligence overtakes its creators and declares war on the human race. Should we stop worrying about nuclear war with North Korea and worry about the robot apocalypse instead?

It goes even further. Some experts believe that sex between humans and robots could complete replace sex between two humans by 2050. Maybe that is how the human race ends – no one wants to procreate with another human being anymore, so babies just stop being born. And honestly, in this recent age of sexual harassment McCarthyism, you can kind of see why some folks would feel like robot sex is safer than flirting with someone. (Chill out. I’m not suggesting you go purchase a sex robot.)

The video below gives us a glimpse of some of the rapid advancement of artificial intelligence that has occurred just over the past year.

Could this become one of the biggest threats we face in our generation?





 
 
 

Phil's Favorites

The dysfunctional debt ceiling and why we should kill it: 5 questions answered

 

The dysfunctional debt ceiling and why we should kill it: 5 questions answered

Treasury Secretary Mnuchin is taking ‘extraordinary measures’ to avoid busting the debt ceiling. AP Photo/Jose Luis Magana

Courtesy of Steven Pressman, Colorado State University

Editor’s note: The U.S. government maxed out its national credit card in March and has been moving money around ever since to avoid running out of cash. Very soon the Treasury Department ...



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Zero Hedge

This Is Where The Next Recession Will Start: An Epidemiological Study

By Nicholas Colas of DataTrek

(Published at ZeroHedge)

US recessions are like epidemics: they all begin somewhere, and the “tell” is state-level unemployment data. For example, the end of the 2000 dot com bubble hit Connecticut and Massachusetts first – two hubs for the financials services industry with lots of affluent investors to boot. The end of the 2000s housing boom predictably impacted Florida and Nevada before the rest of the country. This time around, the data shows the manufacturing-heavy states of Michigan, Ohio and Indiana are most at risk. No wonder “Dr. Fed” wants to inoculate the region with lower interest rates.

When medical professionals study epidemics, they look for the source of the ou...



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Digital Currencies

Cryptos Suddenly Panic-Bid, Bitcoin Back Above $10k

Courtesy of ZeroHedge. View original post here.

Following further selling pressure overnight, someone (or more than one) has decided to buy-the-dip in cryptos this morning, sending Bitcoin (and most of the altcoins) soaring...

A sea of green...

Source: Coin360

Bitcoin surged back above $10,000...

Ethereum bounced off suppo...



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Kimble Charting Solutions

Silver ETF (SLV) Testing Dual Breakout Resistance

Courtesy of Chris Kimble.

Silver (NYSEARCA: SLV) has been in a bit of a slumber when compared to the price action for Gold (NYSEARCA: GLD).

Precious metals bulls hope that this about to change, as bullish action from Silver is necessary to confirm any bull market / move in metals.

Today’s chart takes a closer look at the Silver ETF (SLV) on a weekly basis. As you can see, Silver is up 5 percent this week alone.

This is good news for metals bulls. But this rally isn’t confirming a breakout just yet.

As you can see in the chart below, SLV has been trading between support (1) ...



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Insider Scoop

Analysts Weigh In On Netflix's Rocky Quarter

Courtesy of Benzinga.

Netflix, Inc. (NASDAQ: NFLX) reported second-quarter results highlighted by an uncharacteristic decline in U.S. subscribers while international subscriber adds missed expectations. Here is a summary of how some of the Street's top analysts reacted to the print.

The Analysts

Mor...



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Biotech

DNA testing companies offer telomere testing - but what does it tell you about aging and disease risk?

Reminder: We're is available to chat with Members, comments are found below each post.

 

DNA testing companies offer telomere testing – but what does it tell you about aging and disease risk?

A telomere age test kit from Telomere Diagnostics Inc. and saliva. collection kit from 23andMe. Anna Hoychuk/Shutterstock.com

Courtesy of Patricia Opresko, University of Pittsburgh and Elise Fouquerel, ...



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ValueWalk

Professor Shubha Ghosh On The Current State Of Gene Editing

 

Professor Shubha Ghosh On The Current State Of Gene Editing

Courtesy of Jacob Wolinsky, ValueWalk

ValueWalk’s Q&A session with Professor Shubha Ghosh, a professor of law and the director of the Syracuse Intellectual Property Law Institute. In this interview, Professor Ghosh discusses his background, the Human Genome Project, the current state of gene editing, 3D printing for organ operations, and gene editing regulation.

...

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Chart School

Gold Gann Angle Update

Courtesy of Read the Ticker.

Charts show us the golden brick road to high prices.

GLD Gann Angle has been working since 2016. Higher prices are expected. Who would say anything different, and why and how?

Click for popup. Clear your browser cache if image is not showing.



The GLD very wide channel shows us the way.
- Conservative: Tag the 10 year rally starting in 2001 to 2019 and it forecasts $750 GLD (or $7500 USD Gold Futures) in 10 years.
- Aggressive: Tag the 5 year rally starting in 1976 to 2019  and it forecasts $750 GLD (or $7500 USD Gold Futures) in 5 years.

Click for popup. Clear your browser cache if ima...



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Members' Corner

Despacito - How to Make Money the Old-Fashioned Way - SLOWLY!

Are you ready to retire?  

For most people, the purpose of investing is to build up enough wealth to allow you to retire.  In general, that's usually enough money to reliably generate a year's worth of your average income, each year into your retirement so that that, plus you Social Security, should be enough to pay your bills without having to draw down on your principle.

Unfortunately, as the last decade has shown us, we can't count on bonds to pay us more than 3% and the average return from the stock market over the past 20 years has been erratic - to say the least - with 4 negative years (2000, 2001, 2002 and 2008) and 14 positives, though mostly in the 10% range on the positives.  A string of losses like we had from 2000-02 could easily wipe out a decades worth of gains.

Still, the stock market has been better over the last 10 (7%) an...



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Mapping The Market

It's Not Capitalism, it's Crony Capitalism

A good start from :

It's Not Capitalism, it's Crony Capitalism

Excerpt:

The threat to America is this: we have abandoned our core philosophy. Our first principle of this nation as a meritocracy, a free-market economy, where competition drives economic decision-making. In its place, we have allowed a malignancy to fester, a virulent pus-filled bastardized form of economics so corrosive in nature, so dangerously pestilent, that it presents an extinction-level threat to America – both the actual nation and the “idea” of America.

This all-encompassing mutant corruption saps men’s souls, crushes opportunities, and destroys economic mobility. Its a Smash & Grab system of ill-gotten re...



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OpTrader

Swing trading portfolio - week of September 11th, 2017

Reminder: OpTrader is available to chat with Members, comments are found below each post.

 

This post is for all our live virtual trade ideas and daily comments. Please click on "comments" below to follow our live discussion. All of our current  trades are listed in the spreadsheet below, with entry price (1/2 in and All in), and exit prices (1/3 out, 2/3 out, and All out).

We also indicate our stop, which is most of the time the "5 day moving average". All trades, unless indicated, are front-month ATM options. 

Please feel free to participate in the discussion and ask any questions you might have about this virtual portfolio, by clicking on the "comments" link right below.

To learn more about the swing trading virtual portfolio (strategy, performance, FAQ, etc.), please click here ...



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Promotions

Free eBook - "My Top Strategies for 2017"

 

 

Here's a free ebook for you to check out! 

Phil has a chapter in a newly-released eBook that we think you’ll enjoy.

In My Top Strategies for 2017, Phil's chapter is Secret Santa’s Inflation Hedges for 2017.

This chapter isn’t about risk or leverage. Phil present a few smart, practical ideas you can use as a hedge against inflation as well as hedging strategies designed to assist you in staying ahead of the markets.

Some other great content in this free eBook includes:

 

·       How 2017 Will Affect Oil, the US Dollar and the European Union

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About Phil:

Philip R. Davis is a founder Phil's Stock World, a stock and options trading site that teaches the art of options trading to newcomers and devises advanced strategies for expert traders...

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About Ilene:

Ilene is editor and affiliate program coordinator for PSW. She manages the site market shadows, archives, more. Contact Ilene to learn about our affiliate and content sharing programs.

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