The Jailhouse

[CSykes]

RVGD may just surprise a lot of folks. If Pete can keep things afloat long enough to get that GTM done for Penske and Factory 5. He could just very well be one of the first all American made, hand built supercar companies. His biggest problem is going to be cash flow, I doubt his regular operations are sustaining the company, if they are I imagine they are running a very tight ship. I know he had a ton of custom parts that had to be molded and cast and dies made. I think he had some cost over runs, or maybe didn't plan his financial plan very well. Whatever happened, he tried to launch the project without enough capital. I honestly think the guy will pull it through, he may have to raise more money, or do a R/S, but I bet he makes it work. If it does, then even the shareholders who bought at .01 will probably make money. I guess you either believe or you don't. I do know that Pete is not trying to scam anyone. He is trying to build a real business, he just got some really bad advice and some wall street slicksters took advantage of him. I still can't believe Carnes converted all that debt when he did. Talk about stabbing someone in the back. The guy had to have known it was going to dilute the crap out of the stock and its shareholders. Shorting against the shares too, man I can't stand some of these 504 lenders with no morals. That made it hard for Pete to raise the money he needed too.

See the real problem is that most, about 95% of stock message board posters really don't know anything about business. Heck, most don't even know how to read a financial statement or understand auditors notes and MD&A's.. wait here is a thought..

If you ( any poster )are reading this and you don't know what the term MD&A means, chances are you shouldn't be investing. I mean seriously.. I'm not trying to sound arrogant, I am trying to make a point. Message boards can be a great tool, but they are so saturated with garbage and a bunch of "know it all's" who don't know jack about real business, real fundamentals, or what even makes a good company. They spread their expertise like a virus infecting newcomers, the newcomers infect the next round.. so on and so forth..

People that blame guys like me for their losses, they really have no business playing in the stock market. Seriously, lets be real here.. If you were to dumb to not cut losses, failed to invest based on your risk tolerance, chased a running stock, did not perform any due diligence or inevsted because someone on a message board said it was going to make you rich, then you deserve to loose your money. Stupid investors are the reason why stock scam artists are able to flourish. If someone wants to blame somebody for stock scams, they should start with themselves. When you buy a stock that you know deep down is a scam, but you are buying it because it has good liquidity, you are actually participating in the scam.

Ihub has some very smart people, some of the most ignorant bashers are actually very intelligent people who know how the game is played. But lets face it, if you know whats going on , and you know its wrong, why do folks keep doing it? It only hurts everyone, all of us, the entire market.

Blaming the promoters is the lamest crap I have ever heard, folks need to man up, learn their craft and be smart, good investors. There are many company's out their that could make its investors millionaires. But when they must compete with heavily promoted POS stocks and can't raise the money they need to, at the prices that minimize dilution, they struggle to grow.

I truly wish there were more people in the penny market that gave a shit, took the time to understand the dynamics of fund raising and how it is the essential building block for business growth. This day in age, if a company is raising money, people flee and scream "scam".. this is not how the markets are suppose to function. This day in age, the markets have become the personal ATM's of shrewed, immoral business men.. and the reason that has happened is because the penny market is full of idiots.

Thats right, chances are many folks reading this are the very same idiots I speak of.

So we come full circle.. stupid investors + corrupt market = failure of legitimate business. Did anyone take economics?? Or have we all just gotten stupid?

Before you call something a scam, ask yourself.. is it a "Scam" or a struggling business that desperately needs your help to grow. Penny investors are their own worst enemy in todays market.

Now for those pricks who are scamming and know they are scamming. Wake up call, the economy is in trouble. You guys keep short selling, cross trading and manipulating some of these struggling companies, more jobs are going to be lost, most economic loss is going to happen and eventually you won't have anymore suckers to lure into your scams. It's basic economics folks.. wise up or we are all going to be on the soup line.

Okay.. I'm off my soap box now.




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