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And I care why? Seriously, you contacted me out of the blue to try and 'zing me', but you are mistaken. You should really reread my posts about what Ive said about this stock. Every time this stock dips into the 46's, I show up, buy, and then sell at a profit. Ive done this multiple times. I prefer to profit, woe is me!
What does feel crunchy now mean? Lol. Wow dude. You know how Im feeling? Im feeling like someone that made a sizeable profit on this stock. And it wasnt the first time. Thats how Im feeling.
Good analysis. Although, after a huge jump like this, in one day .... there's bound to be some profit takers. A big board stock gaining this much in one day?!
EDIT: Out at 60. I'm fine with that.
Probably not. Though, I find it funny that Tweeter, the old electronics store, boomed because of it (stock symbol: TWTRQ).
Just responded, but yes. That's it.
The only reason I have a Twitter account is to follow stock news. It's the best way to get that type of news before the seekingalpha's and marketwatch's finally say something. Or, as I affectionately call them: afterwatch. As they always report the news after the traders have done their thing.
It's all on speculation of selling part of the company, or going private.
A fund manager has been acquiring stock and now owns 13.5%. Having talks with company about bringing out value. That usually mean selling part of the company or going private, etc...
Jana partners.
The reason for the spike at the end of the day is that the High Frequency Taders got news of this first.
I'm not going to get greedy, lots of profits here.
Not yet. Monitoring. I'm putting in orders now actually. $60's! Wow! Fun day.
Wow! And this is why I love scooping this stock up when it falls out of favor. That revised guidance PR was a blessing in disguise.
At the time it sent this stock into the low 46's (a known area of support). And had the RSI in the teens!! That's a screaming buy (and as I mentioned previously, that's why I was now here, posting).
Now, with some pretty hefty gains since the 46's (now in the mid 52's), it could be sell-time soon. Lock in those profits!!
But, the RSI hasn't even reached 50 yet. And the 200 day MA is in the mid 55's (this would probably be some type of resistance).
Decisions, decisions! :)
Americanbulls - STAY IN CASH
http://americanbulls.com/SignalPage.aspx?lang=en&Ticker=OUTR
Stock keeps going down. RSI now at 16.07.
Uhhh, writing all of what?
I'm not the one that wrote the ridiculous, dismissive post that ended with an "lol".
I'm the one that followed it up with some type of thought, and asked you to do the same. Which, apparently you can't (?). I don't know. You've been childish and hostile, I can't tell.
And please point to where I was wrong. Enlighten me. Please. As you would be wrong. And also show me where I advised you, or anyone, to sell this stock. I only spoke of my strategies with this stock. Or, really you don't get the nuance of what I was saying:
1st, on November 14th, I said that CSTR (at that time) wouldn't see 49 that week. Remember how you were pimping that? And were wrong? The key words are "that week".
And as I mentioned in that same post, I said I sold, and had things in cash. And my plan, at that time, was to buy in December, but to also keep an eye out. As that was subject to change, as I said: "that's my strategy right now". Keyword: NOW.
And of course, I followed that post up with:
lol! lol! LAUGH OUT LOUD!!! Amiright!?!?
Now that we've gotten the schoolgirl pleasantries out of the way:
It's not that the company got creamed because they slashed guidance, it's that you were pimping it to everyone here and then they got creamed. You know, "$65 is coming ... then $70 ... then $100" were your actual words.
Instead of pimping, for the sake of pimping, why don't you add, ya know, some type of analysis.
There may be more than "RedBox", elaborate. Explain to us what they are, and how they are going to drive sales/growth?
They cut guidance because, ya know, "RedBox rentals disappointed" (that's a quote of a headline from the WSJ). But you go ahead and elaborate on the other stuff you are excited about ... GO!
In addition, I see quotes like this:
"the company slashed guidance and said it will scale back its growth plans and focus instead on profitability at the DVD kiosk-rental business. "
scale back its growth plans. What do you think that means? If I were to read the tea leaves, that tells me that RedBox instant might not be doing that well. And that's why I mentioned it. But I'm not going to pretend that I'm convinced of that. Just throwing out a talking point.
They also blamed it's coupons - and again, we are talking RedBox. As the coupons "attracted customers that didn't spend much" and "drove consumers toward more single-night rentals."
I mean, they slashed guidance by as much as 40%. I can't wait to hear about all that other stuff though (even though they themselves are going to focus on the RedBox kiosks going forward).
When?
They just slashed guidance and are getting creamed. Redbox instant is looking like a failure right now, I'm guessing.
Annnnnd your point is?
No one ever said that CSTR wasn't going to ever, in it's lifetime, reach 49 (which it still hasn't, btw). Here's an example quote from me (emphasis on bold):
"This stock was never going to see 49 this week"
I think the better play was to not believe it would go "to da moon", wait a bit, and scoop up low 43's. Funny stuff.
You said: "Yes, stocks are going on sale".
Isn't that basically what I said? So you agree with me. What's the problem?
I don't have to believe in conspiracy theories to believe that people with large sums of money are thinking about their tax consequences now, when "small percentages" can mean millions in whole dollars. And being that they have large sums of monies, it will be a slow sell-off from now to the end of the year. They don't just go to scottrade or whatever and put in "sell @ $x limit, 1million shares, all or nothing". And no one said they were liquidating all their positions.
Regardless, I bought on the last dip to 43's, and sold in the 48's after earnings were released. And now I'm looking to buy again. And based on my conspiracy theories I can buy in the 43's right now. Heck, I'll probably be able to get 42's.
In summation, predicting 49's for this week was dumb.
EDIT: And even with all that I was talking about, this doesn't help either:
http://www.zerohedge.com/news/2012-11-13/strange-and-worrisome-symmetry-bernankes-bull-market
As in, if there's downward pressure on the overall markets, good companies can drag along with it.
LOL, no. This stock was never going to see 49 this week, in fact it was easy to predict that the share price would go down. Not because I don't like the stock (I do - it's why I'm here browsing the board), it's because:
a) Fiscal cliff.
b) At the end of the year, capital gains taxes are going up. All the big players are going to be slowly selling from now to the end of the year.
Stocks are going on sale. It's why I sold all my positions by election day and I'm sitting on cash waiting for the end of December. Barring some fiscal cliff craziness where we get downgraded again or something, I'll be loading up for the huge pop once the fiscal cliff gets resolved and the year is over.
Even without the fiscal cliff issue, stocks would be getting sold. Again, capital gains taxes are going up. Big players are selling. This is news you should have been paying attention to. It's nothing new.
The only concern with a stock like CSTR, as opposed to maybe some other stock, is that news could come out in regards to their Verizon deal to make it pop. Other than that ... Stocks are going on sale!
Of course, I could be wrong, but that's my strategy right now.
Doesn't the price of a stock reflect '6 months out' or something like that?
The reason it got trashed in AH (and eventually tomorrow) is not the 3Q earnings, it's the guidance for the next quarter - which was lowered to .62-.77c per share. Average analysts expectations was $1.04.
This is why I personally prefer to stay away from any stock right before they release their earnings. It becomes gambling - today CSTR shareholders lost the coin flip. Instead, I prefer to let a channel establish and then buy those dips within the channel (and sell upward movement). I like no news for buying/selling.
Come on now. I'm no JBII apologist but you are making a mountain out of a molehill here. I mean, go ahead and attack the company, but this isn't even an issue. We live in a world with internet, vpns, cell phones, remote offices, remote conferencing, blended work-lifestyles, so on and so forth ... heck, is this even a molehill (to make a mountain out of)? But go ahead and convince me with real actual links or studies or factual information.
Here's an example from my own life: small software company swallowed into a larger corporation. A director, from that company, was put in charge (sorting things out). At the time we were working on the biggest project for our biggest customer, moving the office/people from one city to another, and designing/starting a re-write of the existing software (from fat client to web). And this director did all that while living many states away. He would, gasp, fly in for Monday and be out by Friday. Same schedule. Didn't seem to hurt us any.
Yikes. I remember monitoring this stock last year. Remember leucro? He had some mailing list he organized where they orchestrated buys and sells to manipulate this stock. There were a lot of members from the old 'Sponge Mob'. Guess they were trying to get back their losses at the expense of others. Remember, this is what happens with penny stocks. Never hold.
Why do you have the "Its revenue has risen from $18.4 million in 2007 to $25.7 million in 2011" underlined?
Aren't those the numbers for DePaul Industries?
I'm curious if there is going to be apologies to the moderator on this board (and his posting friend) - both whom were dead-on right about this stock.
The OAMOT crew did as much harm as any Viaspace employee, if not more.
Where's Vuk today?
Without some type of Europe resolution, ya know, the type of resolution where you wake up in the morning and the pre-market is already +200 (Dow) ... what's going to stop this stock from drifting toward it's 52 week lows?
It may trade sideways (with some ups/downs) until July (Earnings news). We're competing with Europe and "Sell in May and Go Away". There's a lot of pressure on this stock right now. In other words, we might not have found bottom yet.
You're awesome. Post as often as you like - I love technical analysis.
If C ever hit $10 ... back the trucks up, I'd be all-in.
Let me remind you that $10 is $1.00 (pre-reverse split). Back in March of 09, before the bailouts, when people thought C would be dead, it was trading at $1. Even with the current Greece/Europe issues, you are telling me C would be worth $1, post-bailout/X profitable quarters later? But hey, if it did, I'd be unloading every penny I had into it.
But, in reality, I've surely got my eye on this stock right now. At the end of last summer (Greece part 1), it's intra-day low was $21.40 and it's low at close was in the 23's (I forget off the top of my head). Let this get to the 23's again. BUY!!!!!!!!
Well, it looks like the 10Q and yesterday's PR, was not enough to keep things positive. Going right back where it started.
The run-up (Monday's 1.30's close - and Tuesday's early am 1.40's) was just the "dice rollers". Crossing their fingers for lots of fuel sales, ultimately to get disappointed. Nothing more, nothing less.
The worst part of this all is it's going to be *another* 3 months of this ... (and then in 3 months, *another* 3 month). Ugh.
And here was what I was wondering about yesterday ...
A run-up on no news yesterday, and boom, a PR this am.
Insiders profiting off the retail investors ... again.
Interesting. Another JBII scenario where it's "off to the races" (or being dumped) on no news - only for the retail investor to find out days later why the insiders were doing what they do.
Or did I miss something and there was news that the 10Q would come out tonight?
Doesn't this stock *always* run-up on some potential news? I'd hazard a guess that all/most penny stocks do this.
Whether it's the NY DEC permit-thingy response (due 5/9 according to one post I read here), or the 10Q news, people always roll the dice hoping for good news. FYI, I'm actually leaning towards the NY DEC news for this run-up. I would expect that most people are looking for the 10Q to be late - so we have some time for that one.
In addition, does world/global news such as Greece really affect Penny Stocks (or OTCxxx whatever type stocks)? Penny stocks are the bottom of the ocean when it comes to "investing". Hence, the ripple from that type of news doesn't reach us down here.
Full disclosure: The move I made was to buy last week at .95, wait for the predictable run-up for this week, and unload at a 15% profit. That's the smart move for now .... just profitin'.
(And yes, I know, I could be missing out on the opp. of a lifetime. But, if the 10Q is going to be that great, I have no problem buying at let's say $1.50 and profiting. Yes, I know, it's cooler to say you got in at under $1.00. But I'd rather be sure and profit less than roll the dice. That's just me though).
EDIT: Got your PM. Thanks.
To muse, even if the stock price went "to da moon", once someone's "portfolio" reached 100's of thousands, I'd think they would be tempted to sell. And so would every other "investor". You can make money in penny stocks, but I can't imagine someone could actually dump millions of shares and gain millions of dollars without actually damaging the upward trend of a penny stock. But, I could be wrong.
Millionaire's Club. lol.
I've seen this sentiment twice now.
Why is is that there is a stigma attached to Discovery Channel Canada? Can you explain that to me? How does that make it less viable? Or what would Discovery Channel USA bring that Canada doesn't? Some type of fact-checkers that Canada can't afford? I'm dead serious, I guess I just don't get the issue with it being Discovery Channel Canada.
Anyhow, last post of the day. I'd definitely appreciate something other than a scoff and laugh. You definitely bring up some good points at times.
JBII on Discovery Channel
Anyhow ...
I just learned of the clip. Just watched it. And the thing I like most of all is when they brought in the consultant from the Plastics industry. Here’s some quotes:
"the platic's industry is paying very close attention to what JBI is doing"
"this is a big deal. this could be the final piece for the sustainability puzzle for plastics"
I love that big money ("plastics industry") has their eye on this.
I'm actually interested in some non-pumped opinions.
Link just for haha's: http://watch.discoverychannel.ca/#clip641572
An example from my super-skeptical friend:
Sorry haven't been on here for a few days, so I know nothing about yesterday's article. If you can link me I'd appreciate it. In the meantime I will look for it.
I think you missed my point, it isn't well-written because it glosses over a lot of the subjects to portray the view of someone that is 100% All-In (they have a certain bias).
Quick examples:
The mention of OXY as a fuel buyer. I believe there was an initial purchase, but what buying has occurred since? (I believe it's OXY that people are still questioning, maybe the asphalt company too). <-- Regardless, the OXY situation is glossed over. I wouldn't be exaggerating to say that.
The SEC case against JBII (fraud). Amazing how all the documents that came out from the SEC, with all the quotes, and the questionable actions, and it was summed up in one sentence: "Alleging fraud for a misstatement of assets seems like a reach.". It absolutely glosses over this subject. It's not that there was a misstatement of assets, it's that the SEC believes (through all that was detailed) that there was intentional misstatement of assets. Aka. Fraud. <-- Again, I wouldn't be exaggerating when I say that this was glossed over.
In other words, the author has an agenda. They are mentally 100% All-In. And it absolutely came out in their writing. Sort of misleading actually.
Lastly, to point this out is neither a dig at JBII, it's technology, or it's investors. Not once have I mentioned whether one should be long/short/trade/etc.
So Zardiw "contributes" to seekingalpha and there is absolutely no bias in his "logical" conclusion to go long on JBII? I wouldn't call that article well-written, it glosses over the situation and comes to an already pre-determined conclusion.
How so? Please point out any inaccuracies. And explain the Mr Stakel response, etc.
Wow. Thanks for that article. The math errors, the moving deadlines, Mr Stakel's response (Rock-Tenn), and on and on ... Wow.
Where is that list of all the validators?
For exampe, RockTenn and their facebook page, the NY state senators, etc. I'd love to get a comment from them. Especially all the news agencies that put JB on their TV station.
Niagra magazine, where are you now in our time of need?
PS. Anyone call IR yet?
You sure gleamed a lot from that post. How do you know it's true intent without getting an answer from the original poster? I was just throwing out a 'best guess' because I felt your reply was way off the mark with what he was trying to say. But, I can't answer that for sure.
And of course somebody is going to want a return on their investment, why are we all here otherwise? I mean, isn't JBII themselves seeking investment dollars now? Heck, how do you think they got this far? Investment dollars. Don't all those investors want something in return?
Are you saying that the investment dollars that JBII has received and continues to seek is somehow good and with no long term consequences, but the investment dollars that "agilysux" receives is somehow the bad and only negative type of investment? Think about that for a second.
Well, last post of the day, so go JBII!