Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.
THTHF,been bashing that one for years,ever since it was at .04--their filings were the worst I had ever read at that time
didn't IFTP have the "turkey saddle" infomercial? lol
WNMI--yeah it had a great run,made some bank on it,originally bought it at .0037--it then ran to .05 or something,but I sold it long before then--then I bashed the crap out of it on RB when the dilution ramped up--think the O/S is 1000% higher now than back then
IDID--yeah,that was the one that everyone said was going to be the next Visa or Mastercard--Comparorator Systems--think that was the first scam I remember
yeah--Bre-X--the geologist committed suicide(or was pushed)by jumping out of a helicopter--incredibly,people were still buying the stock for days afterward!
wow,you blew nearly 900k? good Lord
lol QBID--I bashed it so much they banned me from the board lol--you try to warn everyone about mega-dilution and they say "its just mm's exchanging shares" lol--Q is now at .0002
IFTP,yeah I remember that one well--originally,it took off cuz there was only 10 mil O/S,then Huong diluted the crap out of it after it went from .10 to 1.00--I became a big basher on it after Janice Shell arrived,the mighty queen--think she arrived at about 15 cents,it was history soon after that--never seen so many posts per day on a single stock ever,thousands of posts on day---btw,another stock at that time(2001) that took off was CGPN--think I bought in at .42 and kept flipping it,taking a loss every time lol--CEO was later sent to prison
Yep!...I "remember my First"...
It was CPTC...
I was 'UP!' and nearly a 'Millionaire' at one point on that trade, and I ended up taking ONLY $100K profit on it before the rug was pulled out from under them with an 'Out of the Blue' Bankruptcy Filing...
At least I was OUT on the ensuing DUMP to .033...LOL
That will be my 'first' story to this Board...It really IS quite interesting what 'Bad Management' can do to a Company that has an AWESOME Product...
Just look at the chart over the last 16 months, and you'll get a 'hint' of what I'm talking about...LOL
GOOD Luck To ALL ;^))
What a GREAT! idea for a Board...
When I'm a little more sober...LOL
I'll tell you all a little story about a Pink Sheet stock I was recently involved in...It's a DOOSEY! of a tale, I can Promise you all that...LOL
COOOOOL!!!! Nicely done :)
LOL! hands down, that deserves to be in the IBOX in bold print. lol
Happy Birthday DK! Mine is Today!
IFLB currently IFLBE will never deliver. Do not fall to their faulty promises.
FAMH....that was my first "got conned" stock, this was around 1993 or 1994. Supposedly it was a human resources company. Jonathan Lebed was in on it (before he got busted way back when) with the CEO Ira Monas. Started in the subs, and eventually got up to about .60
I made good bank on it, actually GREAT bank, but like a fool went back in for more and got tree topped and lost all my gains. Lebed played it like a fiddle along with some BS PR's from Monas, a couple of conference calls and Tokyo Joe even got in on it. This was all done on SI.
The only positive about it was that Monas went to jail along with his wife and we all know about what happened to Jonny boy.
I learned my lesson BIG TIME on that one and have never made that mistake since. Sure I have lost money but no company has ever got me hook line and sinker like that one did!!!!
felt that way about CMKX and dilution
How about this:
the market is crap and beware ALLLL stocks
except maybe GOOG
thanks Bob41 thats the one ..
not joking.. just got to know how to play the game.... (and not be played)
Aloha Pat )
Now thats a thought !!!
Hmmmmmmm.........eom.
LOL !! Not true. If I was taking your money I'd of been retired many years ago. But since you put it that way. I do have a p.o. box you can send it to. We can cut trump out of the picture completely, save yourself some aggravation, time and expenses, and you would be helping a very, very worthy cause.
just a thought..........
It is hard to tell when one is joking in these boards. for your sake i hope you are joking.
PRRM USXP_$4K RVMN THTHF etc.
So many. Throw in WEBS Webs Street Securities the first low
cost $5 commissions -- was free if did a Naz trade 1K+ shares
at a time. Floated a stock at $20 and died like EGGS (the
old Egghead stores that hit $20 & died.) $20 seems to be a
magic draw. See VPHM had crash from high $110 to $20 then
hung in $2 range post crash only to rebound on heavy Vol to current H&S top $20 again. Hope they do find the cure for
common cold as promised!
Check out this story on USXP. $4K in cash!?@#$
NEW YORK, Dec 16, 2005 3:45 pm (BUSINESS WIRE) --
Universal Express, Inc. (OTCBB: USXP), addresses AirNet Systems, Inc. (NYSE:ANS) Press Release today entitled, "AirNet Systems, Inc. Announces Termination of Letter of Intent." AirNet Systems Press Release can be found at http://biz.yahoo.com/prnews/051216/clf024.html?.v=32
---------
Note the $4K 3Q cash on hand for USXP and they float $6.15 offer vs the trading price of $3.67 Santa comes early. Where the
heck do you imagine the coin will be found?! smell test
Mystery Buyer Delays AirNet Sale
Monday , December 05, 2005 16:39 ET
Dec 05, 2005 (Regional Aviation News/Access Intelligence via COMTEX) -- AirNet Systems' [ANS] potential buyer needs two more weeks to examine the books of the largest overnight courier of cancelled checks.
Nov. 30 was the target closing date for the $46.2 million deal that would take AirNet private. The Columbus, Ohio-based cargo operator announced last week that it had granted the undisclosed buyer an additional two weeks to complete its due diligence.
On Oct. 26, AirNet announced that a "nationally recognized, private equity investment firm" made an offer to buy all of AirNet's stock at $4.55 share (RAN, Oct. 31). At that time, the carrier said the review period could possibly be extended until Dec. 15 - the day before its long-delayed annual meeting. Even if the deal is closed on Dec. 15, the company will hold a separate shareholder's meeting to consider the sale.
AirNet has refused to disclose its suitors, or what the future or shape of the company will be. When the Cleveland investment banker, Brown Gibbons Lang, began marketing AirNet last spring, it was suggested that the company might be split into two.
AirNet's long-established business has been as an overnight courier service shuttling canceled checks and other bank documents between branches. The future of this business line is endangered as the nation's financial community begins to switch to digital rather than physical transmission of check data as authorized by the so-called Check 21 legislation, which took effect in October 2004.
AirNet's bank services unit revenues grew by $2.5 million, or 9.4 percent, to $29.1 million in the third quarter over the same period in 2004. However, the bulk of that growth, $2.1 million, came from fuel surcharges passed on to clients. In its third quarter report, AirNet said the total check volume has decreased slightly in 2005 compared to the same period of 2004.
In a diversification move, AirNet several years ago created a passenger charter operation, dubbed JetRide. The JetRide revenues increased by 23.8 percent in the third quarter to $5.2 million. Earlier in the year, several groups of new shareholders sought to remove AirNet CEO Joel Biggerstaff, contending that the creation of JetRide was not a wise diversification move since the charter business is an established and competitive field.
When AirNet announced the potential sale in October, the $4.55 per share offer was less than what the stock had recently been trading at. The day before the offer, the shares were trading at $5.15 a share, which would have valued the sale at $52.3 million. Since the announcement, the price has never closed as high as the $4.55 per share offer, and for several days traded in the $3.97 range.
When AirNet announced its third quarter earnings last month, it took a $16 million impairment charge to adjust the company's book value to the proposed sales price valuation. The valuation was reviewed - and accepted - by an independent, but unnamed, third party, AirNet said.
In addition to announcing the extension of the due diligence period, AirNet last week said it had retained Giuliani Capital Advisors to conduct an independent review of the $4.55 offer and provide a fairness opinion. The New York firm, headed by former Mayor Rudolph Giuliani, includes the former Ernst & Young Corporate Finance unit.
An AirNet spokesman said that Giuliani's firm is not the same firm that provided the independent assessment of the $16 million impairment.
AirNet's special board committee that is handling the sale "believed it was prudent to retain a second independent financial advisor," said James Riddle, the company's lead director.
"I think that is good," said Phillip Goldstein, of New York-based Opportunities Partners, which owns 13.1 percent of AirNet's stock and led one of the groups that tried to oust Biggerstaff.
"I think the company is being sold too cheap. I am in favor of getting the most money possible," he added.
AirNet has received one unsolicited offer from Florida-based Universal Express [USXP]. It is not clear how seriously the board has reviewed the offer of $6.15 per share, or more than $62.4 million in all.
For more than two months before the pending sale was announced, Universal Express had been talking to AirNet and its advisors, said Robert Altomare, CEO of the logistics company. "We are still perplexed why their investment banker thought the lower bid was in the best interest of the shareholders."
In the last several years, Universal Express has made attempts to purchase existing carriers, including North American Airways and Alpine Air Express [ALPE]. In these deals, the proposed sales were never completed and in some cases deposits were never made. Universal Express has been trying to buy a cargo carrier to ferry luggage. One of the firm's units, Luggage Express, spares air passengers the hassle of lugging suitcases through airports and security. For a fee, it will provide door-to-door pick-up and delivery of the luggage.
"We bring the luggage business, the relationships with the couriers and most importantly - which they know - we are bringing two other acquisitions, one charter and one cargo. We are bringing a lot more than what people see," Altomare told Regional Aviation News. Because of confidentiality agreements, he would not disclose the two operators that he is trying to buy.
Admitting that Universal Express is a "minnow trying to eat a whale," Altomare said he has lined up an established investment bank and two lenders to make a deal. According to Universal Express' third quarter statement, it had $4,034 in cash on hand and an accumulated deficit of $62.2 million. It reported a loss of $3.2 million in the quarter on revenue of $219,172.
Universal Express and Altomare continue to face a compliant filed in March 2004 by the U.S. Securities and Exchange Commission (CRAN, Oct. 25, 2004, p. 1). The case is set for final pre-trial motions next July.
Goldstein told Regional Aviation News that Altomare has been in touch with him seeking support.
"I want the most money I can get. As to whether the offer is credible or not, that is up to the board to determine," Goldstein said. "I have spoken to the guy. I don't care if OJ Simpson wants to buy the company, as long as he has a check that doesn't bounce. I don't care about anybody's past."
Dutton Associates Announces Investment Opinion: FX Energy Buy Rating In Update Coverage By Dutton Associates
Friday December 16, 1:35 pm ET
EL DORADO HILLS, Calif.--(BUSINESS WIRE)--Dec. 16, 2005--Dutton Associates updates its coverage of FX Energy (NASDAQ:FXEN - News) reiterating a Buy rating and a 12 month price target of $17.00. The 10-page report by Dutton senior analyst Les Childress is available at www.jmdutton.com as well as from First Call, Bloomberg, Zacks, Reuters, Knobias, and other leading financial portals.
We believe FX Energy remains an intriguing story, if not somewhat difficult to value by traditional metrics. In the long term, the potential for this natural gas E&P company with primary operations in Poland could be significant. We view Poland as having quite low political risk now that it is a European Union member country. Operational risk in the country could also be characterized as low. FX has established a tight working relationship with officials of the Polish government and the Polish Oil and Gas Company (POGC). The latter is FX's partner in two of its three projects. FX has a huge land position of 1.7 million acres in Poland's Permian Basin, but the primary thesis for FX, and the principal investment theme for the shares, is exploration of previously under-explored Permian Basin targets by a highly renowned geo technical team headed by geologist, Dr. Richard Hardman. This basin seems to have the same geologic characteristics as that of the rich natural gas bearing regions of the British Southern North Sea, based on some initial drilling by the POGC and FX, as well as available seismic data and interpretation. Up to now, very little exploration on a relative basis has been conducted in Poland by the POGC or anyone else to prove the theory that these Rotliegendes targets most likely contain natural gas. When Poland was under communist domination, seismic data existed but could not clearly image the Rotliegend structures. While there was some success in drilling this play "blind" between the mid-1960's and mid-1980's there has been very little drilling activity to the Rotliegendes since that time. This lack of exploration was primarily due to Poland's isolation from the West and its inability to participate in the technical advances occurring in the Southern North Sea.
We view FX's acreage position and its technical team as its key competitive advantage. The large position will allow it to proceed on a high growth platform over the next several years, as well as give it a leg up versus new entrants in Poland, who would likely find it extremely difficult to replicate FX's structure. Theoretically, the Company could be exposed to 2.4-2.8 Tcf of reserves, which, if proven, could in our opinion yield an asset value exceeding $25 per share. There simply has not been enough drilling yet. We have assumed in our asset valuation a conservative 2.4 Tcf. We maintain our BUY rating on the shares and target price of $17 over the next 18 to 20 months.
WNMI Warning Management Services. CEO Brian Bonar has it so buried in toxic financing, it may never see the light of day.
I do remember that, now. :)
No freakin' shi$#@
It's time for the legal system TO WORK.
Q FREAKIN BID
im out about 3 grand. but flying high with delta right now.
Is this a good board? what was that stock with paris hilton modeling or hollywOOd or something? Thought it was Danger mr.will robinson
Has anyone mentioned the big kahuna of them all - ENE?
Enron Corporation (Stock ticker: ENE) is an energy company based in Houston, Texas. Prior to its bankruptcy in late-2001, Enron employed around 21,000 people and was one of the world’s leading electricity, natural gas and communications companies with claimed revenues of $101 billion in 2000. Fortune magazine named Enron "America’s Most Innovative Company" for six consecutive years. It became most famous at the end of 2001 when it spectacularly failed, revealing it was sustained by and large by institutionalized, systematic and well-planned accounting fraud. Its European operations filed for bankruptcy on November 30, 2001, and it sought Chapter 11 protection in the U.S. two days later, on December 2. It still exists mostly to operate what property it has left, carry out bankruptcy proceedings and respond to legal challenges. It has since entered the common conscious as a symbol of corporate fraud and corruption.
Re: NVTI lol kool.. maybe he'll sell me a few more down here ;0) umm mmm yummy i'll take'em!!
daily - ..to note: ChiOsc turning back to cross above zero soon...
weekly - ..it's a beautiful thing!
CMF clearing..proving no dilution..going green now...
http://www.hotstockmarket.com/forums/showthread.php?t=28189&page=3&highlight=NTVI
"The stock market is a vehicle to move wealth from the impatient to the patient."
It's Birthday Day. I spent 6 hrs at the SPA.
Ahhh......now I see it
Click the link in that first post I made and you will understand.
I'm still lost.
I thought Rollin was a person
nobody wants to admit they have lost it yet.
LOL, glad i never bought one, i have enough problems.
Yep ...
I think I can use this well.
lol.
How are ya Dave?
this board will be unhelpfull as there is no way to search for threads about the stocks you are looking at. with that said. be very weiry of any company with Paul Taylor involved. such as NTVI formerly ttnj/tlnd/ttno/..... and another of his current ones ccde. his companies have a history of reverse splits followed by millions of new shares sold.
Yes, and Value America- remember that on? I lost about 8k on that one.
Bre-X - I was wondering when that one would come up - and of course cmkx - I haven't read all of the posts - did anyone get to that yet?
:>) All because Rollin got screwed on PHCHF today - that is how it all got started!
You would think that people would think twice about buying when they see the dame old names coming up, but nooooo.
The only reason I was confident shorting the hell out of Bre-X was I knew Walsh's and Felderhof's backgrounds but not everybody did.
Now it's simple to get the scoop on the principals but the sheeple still won't go there.
Sad.
Volume | |
Day Range: | |
Bid Price | |
Ask Price | |
Last Trade Time: |