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I have had my butt handed to me a couple of times and I know it hurts -I don't wish it on anyone and while I could have pointed the blame to many it all boils down to me and my decisions - I try to help peeps make money in the market -it is better to work together for a common goal than to have discourse with each other -having said that there are many undesirables on ihub - they too can teach from their treacherous behavior - hope I did not offend you or anyone else - there is always another opportunity coming glta
Its OK, I never accused you of anything
you are taking a pretty defensive stance...?
I dont desire to beat a dead horse....if you know what im sayin
Those that know and didnt say..know who they are
enuff said!
Steve
the only people around here for the ride from the beginning was Admiral Lange and he left after the first big run -then it was myself,g2nec and Sharktank -we all spoke to each other through out the BK case -then after the commons were confirmed to be cancelled in a very confusing court doc-all these momo players/traders came into the stock -- very risky move even for the ones that made money - no one to blame here for losses -imo -
g2nec gave me the tip on this stock so do I blame him because I did not make any money due to my decsions and my timing -and thats what it all boils down too timing-for all of us
Understood, but you are you speaking for everyone, or just yourself...
first thing one should investigate on any BK
hell I read it 3 times and was confused -who can I blame for that??
If it makes any difference, I don't blame anyone but myself for my loss. My last post on this board.
Peace
Gtm
Yup, keep telling yourself that ;)
Nobody took a bigger risk than me when no one wanted this, I never pumped but the amateurs got caught up in the moment even when I said I was out. What losers blaming me, but I guess some one is always to blame for a bad decision. Pumpers never tell when they are out on any site.
Yup, sure did. But sorry you missed being a decent human being, doing your job as a mod and and stickying a few sentences from the latest 8K instead of linking to an 87 page courtroom document which only the experienced can understand.
Stickies the links, sorry you missed reading comprehension in high school.
Haha what scumbags you guys are. You didn't sticky the important info. You think people will sift through an 87-page court PDF document filled with courtroom lingo? Haha, what a joke.
Adios, sub human scum ;)
what happens to our money now? i didnt get it?
Don't tell me u already sold on friday. Look what happen now, people theirs money. Thanks to mod/former mod
yes its really funny -just nonsense see it all the time was a ghost town then all the posse showed up to save the day -lol
SFIO is nowhere near finished !!!..IMO
Well, E-Cig. is running crazy next week, so i'll say look to RFMK since SFIO already did its run from .00s and hit .08s friday... i think RFMK .024 will run huge this week... PLS DO YOUR DD ON THIS ONE... YOU GOT ENOUGH TIME...
If you read some of the post here or did a bit of DD would have showed u that the commons where getting cancelled man... so sorry for ur loss...
Nutz is the best description for that statement. I did cover my ass and sold half before way before the run. Should not have and would have made much more.
That is nuts. He went so far as to post that he was selling off his positions in this stock on Thursday " only 200K left" and "I'm out and did very well". If people chose to buy a Q from information on a board that the Moderator has announced he is out of, that is just dumb.
Indeed, that is why I love to play Q stocks, people will make huge profit but of course there will always be some people that lose everything. Buy Q shares when they are cheap, even when you know that they will be cancelled, they will jump in the last few days before it got cancelled, and you make huge profit.
Sorry to hear about your loss. I warned the MOD that this would happen...some unsuspecting person would wander on to the board and lose their hard earned cash. I posted, as did Hanibal, Collegrad and a few others that the commons were toast. However, such information should have been stickied to prevent situations such as yours.
because u dont do ur job! u lured people in to save ur OWN ASS!
Wow, this is hard to believe, there were only three plus 2 posters on this board for months, everything was posted and discussed. The sticky link above is to all court docs. Congratz to those that played this long and especially to those that can read..
yes I agree, but unless anyone day traded JAVOQ and did NOT hold it overnight...then thats the name of the game..it was merely a MOMO play with NO DD, NO news, and NO Fundamentals!!!!!
purely a day trade, DONT get stuck with the HOT potato
DONT get caught holdin when the music stops!
I will say it again, there are way too many other plays with less risk, and the same of even greater reward to be risking your money on a "Q" without finding out if the commons are SAFE 1st
perfect example=
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=63118498
Steve
Interesting, you can always play a Q even when shares are cancelled and make money. I have! I am just as surprised as you as to the reaction over the weekend about the share cancellation. It was old news on Friday ! Another illustration of not doing one's own DD. I feel bad for some folks on this board, but still! MD
It was posted several of times (please see my post warning people on Friday afternoon about what was going to happen), but as usual everyone doesn't listen. However, regardless of if others post this kind of information or not, it is up to you to research for yourself. Never rely on others to do this for you as it will inevitably lead to disater.
I read and understood the 8K before trading this and still made good money on it. The point of trading is to make money and regardless of the situation, if there is an opportunity to make money on something, then I roll the dice. I noticed that someone was buying this Thurs and Fri, probably to cover their short positions before the canellation. If you watched the L2, the MM's were bidding up the price on sells. This is why I played it, but I made sure it was a quick in and out as I knew the cancellation was looming.
Everyone will lose sometimes, but whats important is to learn from each play to see what you did right or wrong. Over time, these lessons will make you a better trader. I am now 12 years into trading and am still learning.
I think it would only take about a decade.
I bought this with a couple other people on the day it went bk, flipped it a couple times, sold most of it, and held some,almost forgot about it, a couple days ago it went up huge, and I sold the rest, If you consider yourselves traders, you would never consider blaming a mod on a message board for your loss, man up, look yourself in the mirror and see the one who is responsible. Grow up, study, sharpen your skills and start making money instead of losing it.
buy AAPL hold for 100 years, u will get yours 15 baggers =)
What a load of crap. Where were all you guys before this took off and more importantly why did it take off? Any clues? Any guesses?
You guys all show up after the fact when this board was as a dead as a door knob, nobody cared or paid any attention to it. The shares were due to be cancelled from the inception, long before the 8K ...
You want to go vent at somebody, go hit all the pumpers running loose when this made a move.
Anyone know a good 15 bagger to buy? Lol
I wonder why TDAmeritrade forces traders to call one of its brokers to buy stocks like HCEI but allow online purchase of a stock like JAVOQ online. It baffles me how they decide what stocks they decide require physically calling in. Should have definitely been a requirement for JAVOQ.
Nope, this won't be trading again. Sorry for your loss.
Blame the scumbag mod here and his lackeys for not posting truthful information. When I posted about share cancelation, the posts were deleted.
The future of this stock was known on April 28th, and the mod refused to sticky the 8K. Sub human to the nth degree.
So sorry GYM, I have been where you are now...never in a "Q"
but I got burned on a stock that helped drive me into BK myself, BUT now its the best lesson I have had...because now I rarely get burned,anymore= because I have become a DD nut...
I search,I ask, I call, I ask more, I call more, I search more=DDD
Due Diligence makes, and is the Difference
There were so many great COFFEE plays running WILD
http://investorshub.advfn.com/boards/getboards.aspx?searchstr=coffee
its not worth risking everything on a "Q" bankruptcy stock
that the common shares could, and in most cases are wiped out!!
God Will Avenge
may not be in this life...
BUT rest assured He Will
Steve
I bought 15k worth of this stock on thursday. I also posted on other boards to buy it because the coffee penny stocks were running hard. I even convinced my youngest daughter to buy it.
Anyone that knew the commons would be canceled after the close on Friday and didn't post it with details, will have to answer to god some day.
Any chance the stock will continue trading? Any chance of suing to get my money back?
Gtm
They are trying to save theirs own ass! Dirty play
I cant believe my eyes (((NOBODY))) read the filings.... NOBODY read the 8-k filed on April 28th 2011 with the SEC
Dang this is exactly what I mean!!!!
The date on the 8-k filing was 4-28= somebody aint RIGHT!!
Somebody is DIRTY here= SOMEBODY KNEW
now who was it======> thats what investors here should be asking!
SEC Filings
8-K
JAVO BEVERAGE CO INC filed this Form 8-K on 04/28/11
Cancellation shares document
http://phx.corporate-ir.net/phoenix.zhtml?c=83705&p=irol-SECText&TEXT=aHR0cDovL2lyLmludC53ZXN0bGF3YnVzaW5lc3MuY29tL2RvY3VtZW50L3YxLzAwMDEwMTk2ODctMTEtMDAxMzYxL3htbC9zdWJkb2N1bWVudC8yL3BhZ2UvMTk%3d
http://www.sec.gov/Archives/edgar/data/1092302/000101968711001361/javo_8k-042811.htm
ITEM 8.01 Other Events
As previously reported in a current report on Form 8-K filed on March 16, 2011, on March 15, 2011, Javo Beverage Company (the “Company”) filed an amended plan of reorganization (the “Amended Plan”) with the United States Bankruptcy Court for the District of Delaware (the “Bankruptcy Court”).
On April 28, 2011, the Bankruptcy Court for the District of Delaware entered an order confirming the Amended Plan under appropriate sections of the Bankruptcy Code. The effective date of the Amended Plan is anticipated to be on or about May 13, 2011 (the “Effective Date”). In accordance with the Amended Plan, no value or distributions will be provided to the Company’s existing holders of preferred stock, common stock, warrants or any other form of equity interests, or claims arising from or related to the foregoing equity interests, on account of such interests. On the Effective Date, without any further action, all common stock, preferred stock, warrants, and any other form of equity interest will be automatically cancelled and extinguished. Also on the Effective Date, the reorganized company will be a “private” company and will not be subject to the reporting requirements of the Securities Exchange Act of 1934, as amended, and the rules and regulations promulgated thereunder.
A copy of the Confirmation Order is filed herewith as Exhibit 2.1. Further details may be accessed at the Company’s restructuring website, www.kccllc.net/JavoBevCo. No portion of this website is incorporated herein.
These "Q" are like playing "Russian Rulette"
Unless you do proper >>~~~~~~~~~~~~>DD<~~~~~~~~~~~<<
More serious DD is honestly needed with them, to protect shareholders...this is just another DISATER!!
People can almost accept when they buy a stock, and it goes down 20-30% 40-50% 60-70% BUT DANG!! to loose 100% just aint right!
I feel sorry for the ones that got caught when the mussic stopped
and ALL their money gets eaten up!
but that doesnt do much when people lost alot of $$$$ here!
(((( MOST IMPORTANT THING TO FIND OUT IN BK"Q" STOCKS IS= ARE THE COMMON SHAREHOLDERS SAFE))))
THERE ARE SOME GOOD BK BOARDS ON IHUB... PEOPLE NEED TO DO MORE REAL DD, AND LEARN FROM THEIR MISTAKES... THIS HAS BEEN HAPPENING WAY TOO MUCH AS OF LATELY!!
http://investorshub.advfn.com/boards/getboards.aspx?searchstr=BANKRUPTCY
Please Stick THIS!!!!!!
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=63113119
Cancellation shares document
http://phx.corporate-ir.net/phoenix.zhtml?c=83705&p=irol-SECText&TEXT=aHR0cDovL2lyLmludC53ZXN0bGF3YnVzaW5lc3MuY29tL2RvY3VtZW50L3YxLzAwMDEwMTk2ODctMTEtMDAxMzYxL3htbC9zdWJkb2N1bWVudC8yL3BhZ2UvMTk%3d
These "Q" are like playing "Russian Rulette"
Unless you do proper >>~~~~~~~~~~~~>DD<~~~~~~~~~~~<<
More serious DD is honestly needed with them, to protect shareholders...this is just another DISATER!!
People can almost accept when they buy a stock, and it goes down 20-30% 40-50% 60-70% BUT DANG!! to loose 100% just aint right!
I feel sorry for the ones that got caught when the mussic stopped
and ALL their money gets eaten up!
but that doesnt do much when people lost alot of $$$$ here!
(((( MOST IMPORTANT THING TO FIND OUT IN BK"Q" STOCKS IS= ARE THE COMMON SHAREHOLDERS SAFE))))
THERE ARE SOME GOOD BK BOARDS ON IHUB... PEOPLE NEED TO DO MORE REAL DD, AND LEARN FROM THEIR MISTAKES... THIS HAS BEEN HAPPENING WAY TOO MUCH AS OF LATELY!!
http://investorshub.advfn.com/boards/getboards.aspx?searchstr=BANKRUPTCY
I will admit, I made good money here. I somehow got filled on the bid at .0035 on Thurs, and was able to sell at .0057 early Friday. But I never advocated it to other traders as I knew the full situation and have been around the block a few times in these types of plays. My most recent lesson was in EOPIQ where I lost $1K when it got cancelled over the weekend (like this one). Since then, I have more than gained that back. It shows that you can take a bad situation and turn it into good for yourself if you are willing to discipline yourself.
I knew this would happen over the weekend, just like EOPIQ did. It ran the same way just before it got cancelled. Hope you all listened to me on Friday and got out ahead of time. If not, learn your lesson, keep your head up and move on to the next. Lots of other runners out there to get your money back in a hurry....good luck.
ur shares will be worthless!
this should be sticky IMO, not bashing but they need to know what will happen in the future
Cancellation shares document
http://phx.corporate-ir.net/phoenix.zhtml?c=83705&p=irol-SECText&TEXT=aHR0cDovL2lyLmludC53ZXN0bGF3YnVzaW5lc3MuY29tL2RvY3VtZW50L3YxLzAwMDEwMTk2ODctMTEtMDAxMzYxL3htbC9zdWJkb2N1bWVudC8yL3BhZ2UvMTk%3d
FYI: I just received from Ameritrade an official notice that a/o April 28 all common and preferred shares in Javo Beverage Company "will be automatically canceled and extinguished."
Mike
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