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Everything posted by Slick

  1. The Flying Videos thread seems to have disappeared. It's not turning up in the search results or in my previous posts when I look at my profile (I've posted in there before). Please excuse me if I'm wrong. Anyway, just stumbled upon this today and wanted to share it with you all. One of the best Hawg video's I've seen. https://www.youtube.com/watch?v=pBIORL_0h-8
  2. Stocks for Dummies (Aviators)

    I bought it because, merger or not, the price has to go back up. They were trading above $6 for the last 3 years. With the merger it would of gone back up by July 7. But now they are selling half their operation for 5.1 Billion in cash plus getting a 325 Million termination fee which puts them in a great position in terms of their balance sheets and ER's. I think the public just lost faith in the management and think they will squander this new opportunity and they are right to think that since their handling of the merger was a debacle. This same team was doing great for years so it should rebound but opportunity costs are going to add up until they start putting out good ER's.
  3. Stocks for Dummies (Aviators)

    I bought in at .37/share and then cashed out at .29/share because I couldn't pass up RAD (Rite Aid). My money is tied up in RAD right now but within 2 weeks I should be able to cash out from them and then yes, I will be re-investing in Titan.
  4. Stocks for Dummies (Aviators)

    They are still on track with their proposed timeline from earlier this year. Their last shelf offering should fund them through the first quarter of 2018 and some big milestones will be reached along the way. Price is down due to fear and nothing else.
  5. Upcoming Boards

    Last time I applied to them I got a rejection letter in the mail.
  6. Stocks for Dummies (Aviators)

    I don't know for sure, but I'd guess that they would not dump the da Vinci if they acquired the SPORT. The SPORT should supplant the da Vinci for the most part, but not completely. The single-port approach does have limitations that the multi-port approach can overcome. So, some hospitals might want to keep both consoles available. When I say some hospitals though, I am referring to the major medical centers where money seems to be no object. Smaller regional centers that are most cost conscious that mainly do simple routine procedures don't have a need for the da Vinci, perhaps partly because of the costs of the console. But, they do have a need for something with the capabilities, and at the price point, of the SPORT. As I said, robotic surgery is a multi-billion dollar per year industry. If Titan Medical can finally get this off the ground, then many see it as being a slam dunk.
  7. Stocks for Dummies (Aviators)

    I have money invested in Titan Medical (TITXF on the OTC). Titan has developed a surgical robotic console called "SPORT" that theoretically can out-compete the "da Vinci" console made by a company called Intuitive Surgical. Right now, Intuitive essentially own the surgical robotic market since they don't have any big competition. The da Vinci sells for ~2 million and requires multiple incision sites in the patient. The console made by Titan Medical supposedly will be selling for ~1 million and it only requires a single incision site in the patient. Less incision sites means better surgical outcomes and hospital administrators also love saving money. Robotic consoles garner huge reoccurring revenue in the form of disposable equipment for the robot that hospitals need to buy. Robotic surgery is a multi-billion dollar industry and projected to keep growing. I've been following Titan Medical for about 2 years. Their previous management team failed to deliver a product launch on their proposed timeline. However, at the end of 2016 they hired a new CEO with substantial experience growing small companies. Their previous CEO's experience was working within large already-established companies. Right now Titan is trading at .38/share with tremendous upside potential. Intuitive was trading at less than $10 at one point and is now over $700. Definitely worth checking out.
  8. Flying Videos Thread Part 2?

    Maybe "action" wasn't the right word. That's the first time I've seen a plane that big enter a dive like that and the camera panning back and forth between cockpit/spoilers/flaps at different stages of the approach was pretty cool. I can see how experienced mil pilots would think nothing of it though.
  9. Flying Videos Thread Part 2?

    Awesome! Action starts at 2:10
  10. What's wrong with the Air Force?

    Thanks for the informative write-up; definitely appreciated. FYI, I'm still in the applicant phase for UPT and have been applying to guard/reserve units. However, I am now very strongly considering AD since I am getting near the age limit and have been following this thread for a few years. So, I wanted to pose the question given my situation and the rather unprecedented change in leadership for our country. To add to the discussion, a new secretary of the Air Force has just been selected. All I'll say is that I guess I spoke too soon.
  11. What's wrong with the Air Force?

    I'm surprised I haven't heard much discussion on here about the possibility of AD life improving under President Trump. Retired General Mattis will now be the Secretary of Defense and from what I've heard there is not yet an incoming Secretary of the Air Force. Part of Trump's campaign rhetoric was addressing the epidemic of incompetent, clueless leadership in this country. Although he mostly meant this in reference to the politicians, it is a direct parallel to the sentiment on this forum regarding AF leadership. But now that Trump is in office the political leadership at the top of the country has drastically changed. And with Mattis especially, as the Secretary of Defense, I would think there will be a direct and profound effect on AF leadership and subsequently AF culture. Mattis even send out a very promising letter throughout the DoD right after swearing in yesterday. Sound like these two guys are exactly what the AF needed. So things about to get better, right?
  12. Can you not tough it out? I've followed your posts and was excited for you when you got your age waiver and got selected for UPT. Then you seemingly dodged another bullet by not having the 5 year AD commitment that the reserves are throwing around apply to you. You're all set to be self employed as a civilian with the worlds most bomb ass job on the side as a pilot in the reserves. You're on the verge of having it made. After all that are you telling me that the show stopper is going to be "sleep apnea"? Cmon dude, get a temper-pedic mattress and go to Walmart and buy some melatonin. Then go to UPT. I'd kill to be in your place. Not sure what else to say.
  13. The Next President is...

    I gave him my vote and I'm very optimistic about the future.
  14. Was flying for the Air Force worth it?

    Does flying GA even compare to the type of flying you do in the military? I would think no.
  15. Upcoming Boards

    The original announcement said they are holding a selection board in early February. I interpreted that to mean that that's when the interviews were going to be held. When I contacted the recruiter 2 weeks ago I was told the February board date is actually the day they will be selecting which candidates to interview.
  16. Upcoming Boards

    Heard back today by snail mail. No-go for me.
  17. What stocks/ETFs are you investing in?

    I'm not sure what you mean by cat. People usually write a brief description for what the loan is for though. When I was starting out I would hand pick loans that I would lend to. If the loan is for something of convenience or luxury then I feel safer lending to them because it usually means that they have expendable income, but for whatever reason they want to finance their purchase instead of paying cash. So, I feel safer loaning to them because in my mind I think they are more likely to keep up with payments. Then there are some people who are applying for a loan to refinance a credit card or something similar. I was more hesitant to loan to them because it meant to me that they may have been financially irresponsible and I kinda worried that they are more likely to stop making their payments. There are other factors that you are allowed to look at as well. This includes things like credit score, monthly income, debt to income ratio, whether they rent or own, how long they have been employed at the same place, etc. Lending club offers a service where they will automatically reinvest the money you make into new loans. All you have to do is set what you want your rate of return to be and they will start loaning your money back out as soon as its comes in from when people make their payments on their loans. Once I enrolled in this service I stopped checking all the borrowers that my money was going to so I'm not picky at all anymore. I did my research and Lending Club functions like any other creditor out there; they screen their borrowers very well and they make every attempt to collect a debt if for some reason the borrower misses a payment. Their website states that most people that apply for a loan through Lending Club get denied so that should tell you that they do screen their borrowers well. I have only had 1 person default so far but there are 3 other people that are late on their payments. Most of the people that do fall behind on payments have eventually became current again though. I have loaned money to about 250 people so far too. I hope that was helpful. Please let me know if you have further questions.
  18. What stocks/ETFs are you investing in?

    Yes. I have been with them for 1.5 years now. My return rate is actually hovering just over 10% right now and now 9% like I said earlier.
  19. What stocks/ETFs are you investing in?

    Depends on what you consider moderate. If 8-10% is good for you then look into "peer to peer lending". I put some money in it last year and am getting about 9% return, but the rate is expected to drop as some people will default. Overall seems safe if you spread out your loans though.
  20. AFOQT details

    I have a question for all the guys who scored in the 80's and 90's in the categories. I took the AFOQT last year and did not do well. P-86, N-67, AA-70, V-52, Q-79. I wanted to have scores in the 90's on all these sections so I planned to retake. I studied pretty aggressively for about 6 weeks before retaking the exam. I took every single practice test I could get my hands on and did under timed conditions. Afterwards I reviewed the problems and answers so I could make sure I understood how to do them (the math ones). I must have memorized about 750 new vocab words too, and then read up on student pilot books to do good in the aviation section. I retook the exam today and am perplexed. I've read severeal sources say that the actual exam is easier than the practice exams but that is not what I thought at all. There were about 5 vocab words in each the Analogies and Synonym sections that I can't even recall ever memorizing and had to guess. Similarly, there were about 3-4 math questions in each math section that I couldn't wrap my head around and just had to make educated guesses. I know for a fact I missed 2 questions on Aviation section because I looked them up afterwards, but I think those may be the only 2 I missed in that section thankfully. The rest of the exam went very good (except damn block counting because I had three where corners were touching and didn't know what to do!) but obviously the most important sections gave me trouble. I definitely did better than the first time but I was expecting to basically coast through it given how much I practiced. I even followed the test taking tips (eating a light breakfast before the test, having 1 small 8oz coffee, and even dressing up formally on the day of the test). Perhaps my downfall was that I didn't quit get enough sleep (about 6 hours) and I was tired but I'm used to functioning off little sleep. Still, perhaps not operating at peak mental efficiency caused me to flutter. So to the guys that scored in the 80's and 90's on each section, did you have a handful of questions in the academic sections where you had to guess? Or was the exam a breeze to you?
  21. Hi guys, I've applied to 2 guard units so far and no luck...but going to keep trying for now. If I didn't have a good paying job I would totally apply for AD. I know it is difficult to get into pilot training no matter how you go about it, but I imagine it would be easier to get picked up if you went the AD route instead of the guard units. I'm considering going AD for a few other reasons. Browsing through this forum I have read account of AD pilots who have just had an absolute blast in their AF careers. They got to fly numerous different airframes and traveled to all sorts of interesting places. Along with that they work with a great group of guys and form good lifelong friendships. I don't see any other way in life to get this type of amazing experience. Correct me if I'm wrong but I don't think you'd get this same type of experience in the guard. Yes I know there is queep but don't think it would bother me too much if you have the right attitude. I'm not exactly thrilled about my job but am good at it and earn around 100K/year. The thing is that being a military pilot has been my dream for over a decade now and I gotta do it one way or another as I know I will always wonder "what if" if I don't pursue it. I'm torn because I feel like I'm giving up the chance on an amazing life experience in exchange for making a little bit of extra money. I'm looking for your guys' $0.02 on whether or not you'd give up a position like mine for AD or if you'd just stick with trying to go guard. Thanks
  22. Alright I will stick with the guard route for now but would not hesitate to apply for AD. I am aware of the high dissatisfaction and it is unfortunate that the leadership is not listening to you guys. What I'm mostly after here is the experience of serving alongside awesome people and making the good memories. Maybe im still naïve but I think the satisfaction of looking at what I'm doing with my life in the big picture would make it all worth it anyway.
  23. Army vs Air Force flying

    Can anyone comment on how exactly Air Force UPT produces a more well rounded pilot than Army WOFT?
  24. Army vs Air Force flying

    Thanks guys. This information is helping me make a decision on which path to take. Food for thought: I posted this question on an army pilot forum and the they seem to be ok with the lower pay since it means that they don't have to deal with the extra responsibilities that O's have to deal with. In short, they are willing to get paid a little less if it means they get to fly more. There are Officers in the army who are aviators but they don't fly as much and after a few years they stop getting in the cockpit altogether. Can you elaborate on how UPT produces more well rounded pilots than Army WOFT?