![]() This level of price resistance sat at $90.00, and it is highlighted on the stock chart above using a horizontal trend line.Īlso Read: Top 10 Biotech Companies to Watch in 2017 On June 20, 2017, I became bullish on KITE stock when it broke above a very key and significant level of price resistance. The following Kite Pharma stock chart illustrates the technical price pattern that was responsible for generating my bullish view on this investment. For those interested, that publication was titled " All Eyes on Kite Pharma Stock as It Breaks Out" and it was published on June 22, 2017, when Kite Pharma was trading at $92.59. This completed pattern was the focus of the publication that followed up on my original report. This potential suggestion came to fruition on June 20, 2017, when KITE stock completed the technical price pattern. I originally highlighted Kite Pharma on in a publication where I outlined a technical price pattern that was in development and potentially suggesting that a large move was in the making. Technical analysis is based on the notion that historical price and volume data can be used to speculate on what the future may bring. As a result, I spend much of my time scouring stock charts looking for compelling price patterns and indications. This method of analysis is called technical analysis, and I have been studying and applying it for nearly 20 years. This type of performance is a testament to the method of analysis I use to generate my views on a potential investment. What makes this performance number even more impressive is that these returns manifested over a 10-week time span. This buyout price represents a 94.4% return from the price point where my original bullish view was initiated. ![]() (NASDAQ: GILD) and Kite Pharma Inc (NASDAQ: KITE), where Gilead agreed to acquire the stock at $180.00 per share, which values the deal at $11.9 billion. The catalyst driving the gains was a definitive agreement between Gilead Sciences, Inc. Just yesterday alone, KITE stock was trading higher by 28.48%. Well, it didn't really take long for my bullish view on Kite Pharma stock to get vindicated. That view has has appreciated to the tune of 94.40% over that time frame. 07:42:59 kite pharma inc NASDAQ:KITE KITE stock kite pharma stock KITE stock price kite pharma stock chart KITE price chart pharma stock 10 weeks ago, I outlined indications on the Kite Pharma stock (NASDAQ:KITE) chart that warranted a bullish view. 10 Weeks Later, Kite Pharma Stock Is Up 94.40%
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He argues that the monopoly of crime by the state – in this case being the warlords – is in order to receive protection from external rivals as well as internal political rivals. Charles Tilly, an American political scientist and sociologist, theorised that organised crime can function as a means for war and state making. In both cases there is an inherent inefficiency in the model, as “resources are wasted on unproductive arming and fighting.” However, the functionality is often sustainable because it presents citizens with no choice but to accept rent levies in exchange for protection. ![]() It may actually have a stabilising effect on a region. Herrmann noted, “Warlordism is the default condition of humanity.”Įconomist Stergios Skaperdas views warlordism as a default – albeit inefficient – competitive economic model that emerges in states where state capacity is low, but that innately evolves into an institution governing political order that uses violence or the threat of it to secure its access to “rent”-producing resources. In modern states the presence of warlords is often seen as an indicator of state weakness or failure. In colonial empires warlords served in both cooperative political capacities and as leaders of rebellions. Often warlord governance in pre-modern state history was constructed along tribal or kinship lines and was congruent with early perception of “nation”. Warlordism was a widespread, dominant political framework that ordered many of the world’s societies until the modern state became globally ubiquitous. The other major consideration in categorising warlords is through the lens of history. Warlordism as the Dominant Political Order of Pre-State Societies Warlords can also fall into a hybrid category, temporarily joining a warlord coalition in collusion with the regime or defecting for political expedience – transitioning from one paradigm to the other based upon strategic interests. This is commonly viewed as “ungoverned warlordism”. The other is one in which the warlord is operating independently of the state and is viewed as a rebel, insurgent or strategic political competitor of the regime. This can be viewed as “cooperative warlord politics”. The first is one in which the warlord functions within the political framework through a degree of bargaining with the state regime so that the warlord, sometimes individually and sometimes in a coalition with other warlords, is acting with the explicit consent of or at least in accord with the regime. There are two major functional distinctions when considering warlords and their relationship with a state. There is also a divergence of opinion within the field of political science as to what specifically constitutes warlordism, particularly in the context of the historical setting.Ĭooperative Warlord Politics vs. Conceptions of WarlordismĪlthough warlords were present historically in either pre-modern states or “weak state” societies, and in countries designated “fragile states” or “failed states” in modern times, there is a tremendous degree of variance in the political, economic, and societal organization, structure, and institutions of states where warlordism exists. In China, Junfa is applied retroactively to describe the leaders of regional armies who threatened or used violence to expand their rule, including those who rose to lead and unify kingdoms. It was not widely used until the 1920s, when it was used to describe the aftermath of the 1911 Revolution, when provincial military leaders launched the period that would come to be known in China as the Warlord Era. ![]() The first appearance of the word “warlord” dates to 1856, when used by American philosopher and poet Ralph Waldo Emerson in a highly critical essay on the aristocracy in England, “Piracy and war gave place to trade, politics and letters the war-lord to the law-lord the privilege was kept, whilst the means of obtaining it were changed.”ĭuring the First World War, the term appeared in China as Junfa (軍閥), taken from the Japanese gunbatsu, which was taken in turn from the German. Warlords have existed throughout much of history, albeit in a variety of different capacities within the political, economic, and social structure of states or ungoverned territories. These armed forces, usually considered militias (but can be regular troops), are loyal to the warlord rather than to the general government due to the background of the Warlords. A warlord is a strong leader able to exercise military, economic, and political control over a subnational territory within a sovereign state because of their ability to mobilise loyal armed forces. To enter the secured encrypted site, you must accept the cookies. This error indicates that you did not accept one or more cookies. Return to the login screen to start a new session. If you receive the following message after logging in successfully, all further processing and/or access to any portion of Online Banking during this session will be blocked: "Internet Account Access Session Error." If you are running a personal firewall at home, you may want to temporarily disable it to determine if it is blocking access to Online Banking. 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Include at least one of these special characters: you are unable to access Online Banking, it may indicate a problem accessing secured websites.Include an upper- and lower- case letter.If you have forgotten your password or have attempted the incorrect password several times, you will need to reset your password. ![]() You may not be able to log in to Online or Mobile Banking for the following reasons: ![]() ![]() This greens powder is particularly high in vitamin K-with around 70 percent of the recommended daily allowance-which can be beneficial for some people but may pose a risk for people taking certain medications. While the extensive ingredient list could mean additional benefits beyond those that other greens powders offer, it is important to thoroughly review all ingredients, especially if you have a food allergy or are taking any prescription medications. 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