E Trade War Coming

Ditto for Putin and his pipeline and the latest news about his ownership of a ginormous $1 bn villa by the Black Sea in Russian occupied Ukraine built with funds stolen from the Russian state, as charged by Navalny. While gambling was banned in Russia just 2 years ago, Crimea was designated as a Russian Las Vegas. The revelation by the brave dissident led to demonstrations all over Russia on his return and many people being jailed, which proves that there is something going on for Putin.

Again Chancellor Merkel backed the dictator with scant support from the rest of the EU. In both cases what we are seeing is a “Kaufe Deutschland” policy justified on paper by charges that the US is in a “Buy American” mode in violation of globalism. So is Germany.

Drug Dealers

Recently I was seriously misled by Globes Israel, a daily blog, about Novacure, an Israeli company fighting cancer with a new old product, electricity, because it appears to work on eye cancers like glioblastoma. It is furthest in trials against brain cancers using electricity but is also setting up trials for non-small cell lung cancer, ovarian cancer, liver cancer, and my cousin's problem, pancreatic cancer. It is run from the Saint Helier, Jersey in the Channel Islands and she is in Britain so I had hopes she could get into the trial. In the end she didn't want to but I was hooked on NVCR, which trades on Q. I liked the fact that the electric device is delivered to patients for trials, who remain ias long as they want—but have to pay rent for the machine. How to do trials in COVID-19.

Today in Globes I spotted a story about a company studying electricity as a cancer cure called Expro Ther Medical, of Israel. But it showed the same founder, Yoram Palti, from Haifa's Technion who experimented with electricity and p53 against cancers that grow by mutation. From which the cornea escapted. It shows the same CEO, Asaf Danziger, and the same backer, Dr. Alex Tendler. It just did a capital raising on Q but was not NVCR but the secondary offering pushed down the NVCR price. It fell by 2.44% today to $161.19 from the $175.41 I bought at. But is this the same company? I suspect there is a kosher version traded in Israel and a Channel Islands outfit to avoid taxes. I will know more when the company holds its 2020 earnings call on Feb. 25 at 8 am (yech) using 855-442-6895, with conference IS 3965899 and it will be posted on the site. Apologies to anyone who thought this was a legit existing ADR or who believed the preliminary results for Q4 and 2020 which were posted. I dislike the fact that Globes boosts the shares of Israeli doing secondaries with insider articles.

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