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You're probably right!
Earlier I saw many multi-million share blocks going off at the Bid. We're over 70 million now, in the first 70 minutes.
Why would the MMs be buying like that IF they didn't see more upside here? More upside for ANY reason... Maybe news coming?
And short covering seems reasonable at this point, given there is nothing more on the table. Removing the debt is a good thing, but it's not like making a profit, closing an acquisition, or getting a big order, etc. I just don't think there is enough on the table to cause a move like this.
So it must be either short covering or leaked news. In either case, I sure do like it. Just my opinion...
bbd
Now 100% gain 35 minutes into the Friday session.
WOW!, Someone wants shares real bad.
No news out (yet).
I wonder what this is about.
bbd
IT'S ON FIRE!
Go CRGO!
bbd
Could be...
But investing in startups is generally NOT the reason one would go to Lost Wages.
Perhaps he's there to meet with the real shareholders, which is not us. We're just the folks who funded this operation.
bbd
InstaCare Corp. in Turnaround Reports 258% Revenues Increase in 1Q 2008
ISCR also Reports 1st quarter profit, enhanced operations and new agreements
LOS ANGELES, May 21, 2008 /PRNewswire-FirstCall via COMTEX/ -- InstaCare Corp., 12:46pm 05/21/2008
ISCR, a leading distributor of at-home testing diagnostics for the chronically ill, life-saving prescription drugs and a developer of patent-pending technologies for e-health and EMR applications, reported financial results for the first quarter period-ended March 31, 2008. Recent highlights include:
-- Revenue grew by 258% in 1Q 2008 vs. 1Q 2007 as sales and orders for at-home diagnostics and medical surgical products surged
-- ISCR reports 1Q 2008 operating profit of $146,522 and enhanced operating margins vs. 2007
-- Letters of commitment executed with two major medical surgical products companies
-- Company announces agreements with two additional pharmacies for market growth
For the first quarter of 2008, InstaCare reported revenues of $2,797,382, a gain of 258% from $1,083,282 recorded during the first quarter of 2007. The increase in revenues was due primarily to sales from the distribution of medical diagnostic and medical disposable products for patients with chronic diseases. Total expenses for the quarter ended March 31, 2008 were $300,977, a decrease of $149,355 over the quarter ended March 31, 2007. The Company reported an operating profit of $146,522 during the first quarter of 2008 compared with an operating loss of $255,682 recorded during the first quarter 2007. The Company incurred a net profit of $41,730, or nil per basic and diluted share for the quarter ended March 31, 2008, compared with a net loss of $403,203 or ($0.04) per basic and diluted share reported for the quarter ended March 31, 2007. InstaCare had cash, accounts, inventory and equivalents of $994,436 as of March 31, 2008.
Keith Berman, chief financial officer of InstaCare, commented, "This has been an exceptional quarter for InstaCare as our businesses grew profitable, on surging sales. We successfully remade our medical diagnostics and medical disposable products distribution businesses and generated almost three million dollars in sales during the first quarter which underscores the health of our business even in a slowing national economy. Now that our cost structure is in place, additional sales will be accompanied by only small incremental expenses and if current trends continue we expect further positive developments this year."
http://www.marketwatch.com/news/story/instacare-corp-turnaround-reports-258/story.aspx?guid=%7B1BCB2B1D%2DB3D3%2D4F03%2D851C%2D97CDF3F2B9FC%7D&newsid=930048208&&dist=bigchartssymb=ISCR&sid=2222842
Oh, Please... Just keep the humor coming.
I am laughing my azz off with everyone one of your "brilliant" posts.
LMFAO
The MMs were buying all day long at .0004
There is NO WAY they would pay .0006 to someone who wants to sell.
You don't know what you're talking about.
slojab, "...what you believe the "association" the write-up makes to ETGF..."
It starts in the title. It says:
"SPECIAL SITUATIONS:
Element 21 Golf Company (OTCBB: ETGF) $2.00"
Then the VERY FIRST sentence says:
"Many have seen Tiger Woods,..."
I guess you must have missed that part.
LOL
They did more than just mention his name, as a sports figure.
They associated him with the money and promotion of golf, as they are trying to promote their own golf products.
Do you understand that Tiger Woods make far money promoting products, like clubs, than he does actually competing in golf tournements? In fact, Tiger probably makes more in a month than this company will make in an entire year.
As I said, I sure hope they don't get sued over this. It seems dumb to take a chance like this.
I wonder if they have to pay Tiger Woods a fee to use his name...
...in a PR to draw attention to what is, essentially, a piece of advertising for a golf product line. It doesn't seem right to do it this way.
I sure hope they don't get sued over this.
DFLY, "...bet that whacker feelin stupid now lol coulda got 50% more..."
How?
It looks like ALL of the sells were at .0004 today but you're suggesting someone (your phantom whacker) could have sold at .0006 ?
How would they be able to do that if the MMs are only paying .0004 ?
It looks like most of what was sold went to fill YOUR order which posted 17 minutes before the close.
Check the list of trades off of the link at the top of this page: MRDY:Quote, then select Trades.
It shows 164K sold and 135K Bought (in one trade). Apparently, you bought just about everything sold today.
Of course tomorrow is another day in penny land.
As per the PR, this is what's left:
"...our continuing business consists of:
-- Cargo Connection Logistics - International, Inc. (Cargo International), our Chicago-based international cargo business
-- Independent Transportation Group, LLC (ITG), a joint venture with EmplifyHR Services, Inc., a Florida corporation, in which the Company owns a majority interest
-- Nuclear Material Detection Technologies, Inc. (NMDT), our development stage radiation detection product business; and
-- Cargo Connection Logistics Corp., without its legacy assets."
So where would you see Fleet fitting in? Certainly not the International operation or the Radrope operations. And they only own a part of ITG so they probably have no direct role there. But they still have the NAME of Cargo Connection Logictics.
I just don't see a PLACE for Fleet in what's left. Do you think they would start a whole new division with it?
That's very interesting!
The company, in which we all own stock, just sold off most of its most valuable asset base as "distressed property" and never even bothered to inform the shareholders that this was in process.
But of course, they did manage to tell us about the Fleet acquisition, which they never completed. And probably never will.
All of a sudden I am beginning to view CRGO as something far less than honest or honorable. So, as a long-term shareholder, I am very disappointed.
But THANKS to the due diligence on this forum, at least we had a heads-up that something was about to happen.
Overall Big Bummer!
UncleGuido, I'm not blaming you or anybody for anything.
I'm just pointing out that Mutual Funds are just not interested in stocks like this one. And the prior mention of any interest by Mutual Funds was, more likely, just a feeble attempt to pump this stock.
Mutual Funds invest in stocks that have positive financials and that, hopefully, pay dividends. And they seldom buy any stock selling below $10. As strange as it may sound, Market Pros consider the $10 price to be the threshold of "penny stocks". Basicly they are way too risky for Mutual Funds.
The big flap that you raised earlier about how you couldn't sell because the symbol changed, spoke volumes about you overall market experience level. So I was just trying to help you get up to speed here, by dispelling some of your false pre-conceived notions about the market. I think you need to read some books on the stock market, or something...
Good Luck.
bbd
DFLY, "...your own fault for your bad timing and bad trades..."
OK, I think I get it now. So the pumpers and the hypsters and scammers that have been active on this forum since Jan08 have had nothing to do with the fact that I'm now down 41%. Well, that's very enlightening, but unfortunately it's just not true.
Oh, by the way, I made my one and only purchase here on Jan 31. And here some of YOUR posts from the very day I bought in:
#855: "If GSPG can run from trips to .02 this can do MUCH more imo.)Seriously thinking we in for a amazing play here.)Glad to be here with yall all I know.))DF"
#860: "Agreed anbd GOOD thinkin imo.I dont think most people realize a product launch due anyday here now as per last PR.Not to mention the buybacks and cancellations.All I can say is im beyond stoked!))Dont even wanna leave my cpu yet lol.DF"
The price on that day hit .0019 and it is now at .0006 down a ton. So do you STILL feel the same way you posted months ago?
Your posts from back then really tell a tale about what's been going on this forum for many months. But as you said, my losses are all MY FAULT. Yeah, sure they are... and if pigs had wings they could fly.
And so my reaction to your posting today is just "sour grapes". Just who do you think you are kidding here? Why don't you save your self-serving comments for the next pumping victum that chooses to come forward?
bbd
DFLY, "...PA is soo high which isnt anyone heres fault but your own."
So now something is my fault ??
I don't get it. You're posting in gibberish. What is my fault?
Everytime I post you give me 4 or 5 back, which means you are now just using this forum to make a continuous speech. Give it up "BUD" as you're not communicating anything useful or meaningful.
bbd
DFLY, "...RESPECT so show it before you..."
Why don't YOU cut out the self-righteous crap?
You started this negative interchange with your comment to me:
"...have done nothin but BASH this..."
So let's just call THAT comment what it is; a self-serving lie.
All I posted before that was that this was a burned out P&D ( my opinion). That was a direct response to your previous claim. I made NO COMMENT about you personally. But from there, you immediately escaleted it to a personal attack back at me.
Every time I respond to you, you come back with about 4-5 individual posts to me. Obviously, you've got diaarhea of the frontal lobe. I don't have the time, need, or desire to respond to this line of crap any longer. You have your opinion-I have mine.
End-of-discussion.
DFLY, "...you have done nothin but BASH..."
Actually, that's NOT true at all. I bought shares here. But I suppose you consider that be part of the "nothing" that you are referring to. As far as I'm concerned THAT is the most important part of what I "have done" here. And I'm now down 41% is LESS than 4 months.
And from what I can tell, the ONLY reason you're accusing me of BASHING is because you are trying to PUMP this stock. And I suppose I am interferring with your agenda. Tough Luck! I got your number "BUD".
bbd
DFLY, "...im not playin any P and D momo plays..."
Well, obviously, YOU ARE!
What do you think this one is?
Both the P and the D have already happened here. The fuel has leaked out of the tank. So here we sit...
Klusserdeklus, "...we have to issue shares..."
Well, the shares are bio-degradable, also.
Invest your money to buy equity, and it's "gone in 60 seconds" without a trace.
daveXV19, "You just now coming to that conclusion?"
Actually, his negative viewpoint pre-dates yours by a wide margin. He is the forum premiere resident basher here, AND the board moderator.
Compared to him, YOU are the newbie here. LOL.
bbd
UncleGuido, "...looks like the Mutuals are still avoiding us!"
Now THAT is a very interesting oblique assertion: as if the Mutual Funds EVER had any real interest in this, and NOW they're "avoiding".
I can tell that you are an, up and coming, "spin-master".
LOL
bbd
ki2002rom, "I've explained why I'm selling."
Yes you have, over and over again, as I've pointed out.
Why?
You've "promoted" the stock, all right: promoted SELLING it.
So I ask you again,WHY is it SO DAMM IMPORTANT to you that we must know that you are selling?
We all know that this stock has "warts". But the REAL longs here are doing a fine job of "balanced" analysis, backed up with some in-depth and high-quality Due Diligence. I have trend-traded this stock for years and never failed to make a profit, just by simple timing based on careful reading of this forum. Certainly NOT Rocket Science!
Apparently, there are very important activities going on "behind the scenes". And the PPS is now at or very near a historical low. Based on my experience with CRGO, this is the time to be buying, NOT selling. Just look at the CMF indicator:
http://stockcharts.com/h-sc/ui?s=CRGO&p=D&yr=3&mn=0&dy=0&id=p38275822563
Based on your "broken record" style of posting, it is obvious you have some sort of an agenda here. If it were just a matter of informing us that you're selling, then you have accomplished your mission, several times over. Why don't you just give it a rest?
Now I know, damm well, that you're NOT going to give a straight answer to my simple question. I am just trying to "showcase" your OH-SO obvious intentions. You sure do look like a basher pretending to be a long in order to establish some credibility. It's NOT working...
Just my opinion...
bbd
riksea, "I've never seen such a dysfunctional board..."
If you look around IHub you will find that many-MANY stock forums have been completely co-opted and taken over by EITHER pumpers or bashers, who have become entrenched as the mods and the several asst-mods. They advance and protect their specific agenda by deleting the posts of their "adversaries" and even banning them from the forum.
Apparently, they engage in this activity opently, and with the tacit approval, and under the protection, of the site admins, under the guise of the TOS rules. If YOU don't see and understand this is going on then you better pay closer attention because your own money is at stake here.
Just for giggles, I suggest you should check out the ESSO forum posting log and count up the number of deleted posts. Then just post a simple enquiry as to WHY these posts were deleted. Of course, just posting a question about other posts is, in itself, a TOS violation. So, most likely, your simple question will also be deleted. I believe that this will prove my point.
Good Luck.
bbd
ki2002rom, OK, I think we all get the message: YOU'RE SELLING!
Reference your recent posts:
3885 5/8 - "I had an open order to sell 2M shares at .0007 today (day order/not all or none) at 4 different times I sold different amounts."
3892 5/12 - "...who wants my shares? I'm selling just because..."
3893 5/12 - "I'm stackin' at .0006 and up for now, as they go I'll list more, you want them they're there.
3896 5/12 - "...will be here for awhile, not finished yet."
3897 5/12 - "...I'm telling you I don't want anything to do with..."
3898 5/12 - "When I'm done you'll know."
3906 5/12 - "if I'll be able to unload the rest tomorrow..."
3912 5/13 - "I'm glad I got .0007-.0008 for much of my load ..."
3924 5/14 - "...not ashamed to admit I'm selling because of ..."
But WHY is it so important to you that we know this that you have to harp on it over and over and over again?
Are you just seeking validation of the decision that you made? Or are you trying to stampede the longs because you've gone SHORT?
Curious minds would like to know!
(Actually, I take that back)
LMFAO
bbd
SPAM post.
Should be immediately deleted by the mods.
up-down, Thanks for that ensightful post.
I think we could sum this up with their quote "...dependent upon our successful execution of our business strategy...".
It's would seem that the company is operating on mostly borrowed money; so called hard money. And it appears that they are engaged in a kind of pitched battle for their own survival. But they are surviving; have survived, and even beaten back some of the wolves. I believe that this is a testament to the strength of their business plan. If this company didn't have someting fundamentally good going for it they just wouldn't be around at this stage. It may be premature to claim victory and a secure future, but it should be obvious that CRGO is making progress on the Technical (chart) basis.
Over the past month we've witenesed some major dumpage; days of repeated blocks of 6M+ shares going by. But the market has absorbed these shares and the PPS hasn't further collapsed. In fact, since April17 the PPS has even recovered slightly, on low volume. If the previous overburden of selling doesn't return then, on pure technicals, the PPS should continue to recover.
ALL because SOMEONE out there is continuing to accumulate shares. And it is building over time. And I know it isn't me contributing to this. This is evidenced in the CMF which has been positive since about March18. As a Technical indicator the CMF is only valid when established over a length of time to indicate a trend, which is what we have going on here:
http://stockcharts.com/h-sc/ui?s=CRGO&p=D&yr=0&mn=3&dy=0&id=p24080851248
I've probably been wrong in my prognostications more often than I've been right. But all I can do is call it the way I see it. What I see is a PPS recovery under way. I own many millions of shares of CRGO and I'm not selling any. I have enough now, but if the PPS should drop 20% I will be buying more and double-down.
Just my opinion...
bbd
We also know that virtually anyone can become a "partner" of Microsoft...
...for a fee of a few hundred dollars.
This was thoroughly discussed on this forum a few weeks ago.
No Biggee!
UncleGuido, There is something I don't quite understand about your complaint.
Maybe I'm missing something, but right after the R/S took place the PPS dropped precipitously to around $1.40, which is equivilent to a pre-split price of .07
So you're complaining that your shares were locked down and you couldn't SELL at a $1.40
Certainly, there was noting to stop you from BUYING at $1.40 so that can't be it. You claim to be LONG the stock and you wanted to SELL and you couldn't do so due to the symbol change, or whatever, so you want to open a formal complaint with the SEC. Is this correct?
Well, the stock PPS is now at about $2.25, so correct me IF I'm wrong, but that is a much HIGHER price than what you were complaining about NOT being aboue to get for your shares.
So just a suggestion, why don't you sell your shares now? That way you can stop the whining and complaining and recind your absurd complaint of wrong doing, and go away happy?
Good Luck with whatever you decide.
bbd
searchsnap, "...average down is Not necessarily a savior..."
So then, should we average UP?
I am all for that. When should we start? Before it starts up, or after it is up aways? You go first.
LOL
bbd
VivaLasVegas, What this company is supposed to be doing falls into the general category of:
SAP (Service Application Provider).
It seems that, these days, everyone is jumping into this new REDHOT Internet biz segment. Google just made a very lucrative deal with SalesForce.com. And there are literally dozens of other new partnerships coming to market. This is all made possible, based on the increased interactivity and security of Web 2.0 resulting in an efficiency gain that client-companys are compelled to utilize. Hence, this market is going to grow quickly over this recessionary period.
Meanwhile, we just sit here, knowing little or nothing. My gut feeling is that whatever potential this company MIGHT have, it's just being squandared.
This is a very boring stock to be owning.
Just my opinion...
bbd
AlexRealty, "...stay in it until I die. I am serious..."
Wow! It sounds like it...!
Look, it's only a stock. It sounds like you might have over-committed in terms of the size of your position. That's exactly what happened to me the first time, several years ago. I was able to average down and eventually exit with a profit. Now I just play this at a more conservative level to, hopefully, avoid the "dead money" scenario.
There should be no doubt that this company has potential. But for several years now, it has been mostly unrealized. However, the stock is still playable on a reasonable time-frame, like a year or more. Usually, only one or two opps to take a profit per year.
And the latest PR sounds like they may be starting over again, with this new bottle initiative. With every other country in the world wanting the wrap (except the USA) they haven't closed a good deal yet. Unless you consider Google to be that deal. So it would seem it's going to take a while longer for the success we're waiting for. Meanwhile, we wait...
Good Luck.
bbd
jabs, "I have lost my short..."
So sorry you have lost one of your legs, that would otherwise hold up your "short".
Most folks call them "shortS", as in "pair of shorts", because they have TWO LEGS to put thru them.
However, I guess "flying a desk" and doing day trading is a perfect occupation for we handicapped individuals, me being so "blind" and all...
LOL... and Good Luck!
bbd
I would assume that would be YOU buying.
PPS collapsed on massive volume here today.
I'm now down 70% in a matter of a few weeks.
This stock has turned out to be, just one more, penny stock Pump & Dump scheme.
Oh, well.
His credibility on this forum is heading south rapidly.
Companies change their symbol name whenever they please, for good reason or for absolutely no reason. It is their priviledge to do so. In this case it was done in conjunction with the R/S AND the CUSIP number change, to avoid confusion. A very good reason I think.
And to claim that the SEC is investigating this is pure bunk. I have filed numerous complaints of substantial merit and the ONE THING they will always say is that IF they are investigating they will not confirm it either way. And certainly not by telephone or email within 72 hours. The SEC just doesn't operate that way.
The one thing that a liar should understand is that a lie being told must pass the scrutiny of common sense. This line of lies is absurd at the face of it.
bbd
tranxianz, What would be the "reason" to do an R/S ?
Companies don't usually do Reverse Splits just because they can. There is usually a fundamental reason behind it, like being up against the A/S limit and needing to issue more shares, etc.
In the case of DIAAF, they are a Canadian company, so they have NO Authorized Share limit. It is literally "unlimited" and that is the way it is described in the various filings and their corporate charter.
So please, tell us why you would even suggest an R/S here.
bbd
tommer, Your post is off-topic too.
My name isn't "Sparky". So that's also a personal attack.
His post was deleted BECAUSE I issued a TOS report on it.
Just as I'm issuing a TOS repoort on yours.
Do you want to go for double or nothing?
That's fine, whatever. I put him on ignore.
And now for something completely different...
RFID market grew to $5 billion in 2007
In round figures, the value of the radio frequency identification (RFID) market grew strongly to $5 billion in 2007, mainly powered by a peak in deliveries of the Chinese national ID card with about $2 billion worth of cards and infrastructure being delivered by Chinese suppliers, say analysts at RFID constant IDTechEx Inc. in Cambridge, Mass.
That made China the biggest RFID market in the world, and the United States is second, analysts say.
Globally, the RFID business remained government driven with health care showing particularly strong growth in projects and the financial, security, safety sectors dwarfing all others in expenditure and number of projects.
Government RFID applications accounted for 48 percent of market value with passenger transport and automotive coming second with a 19 percent value share.
The IDTechEx Knowledge base of RFID projects added 509 projects in 2007 to reach 3,096 projects in 101 countries and involving 4231 organizations. Newly recorded projects represented 20 percent growth in the size of the database, reflecting the rapid growth of the market way beyond the Chinese ID card.
The database has added more than 500 more consumer goods companies mandated by retailers to tag pallets and cases, yet most of these are doing little or nothing in the face of the huge financial cost and lack of payback.
Through 2007, the U.S. retained its lead in number of RFID projects but China leapt from number five to number three, overtaking Japan and Germany, analysts say. There are a vast number of new RFID projects in China that will take up the slack now that the glory days of the national ID card are over.
Chinese projects are hugely varied from pigs to mail bags and the prospect of having to tag 150 million pet dogs and 2.4 billion pigs yearly by law. Maybe the 37.5 billion cigarette packets produced every year will be RFID tagged.
In number of projects, the financial, security, and safety sector was the biggest at about 19 percent of the cumulative projects in 2007, analysts say. Passports drove this segment, and RFID financial cards all moving ahead strongly. New adoption of RFID tickets, secure access, RFID-enabled phones and other applications also helped this sector.
After that came the passenger transport, automotive sector with 13 percent of all projects cumulatively. Those percentages were the same as in 2006.
Just one application sector took significantly more of the pie by the end of 2007. It was health care. This was predicted in 2006 but it did not happen for the reason given—widespread tagging of drugs for anti-counterfeiting purposes. Many were in favor of the half measure of 2D bar codes for singulation.
The vibrant growth of RFID in the health care sector was mainly due to real time location systems (RTLS) on staff and assets, particularly those using existing WiFi systems in hospitals.
By the end of 2007, the RFID tagging of people had jumped from 8 percent to 11 percent of all projects cumulatively, which enabled mother-baby mismatches and baby theft to be reduced, pedophiles to be controlled, prisoner escapes prevented, and severe diabetics getting correct treatment.
Active RFID accounted for about 13 percent of all RFID expenditure in 2007, but this figure was depressed by the huge Chinese national ID card scheme, which involves passive RFID.
Active RFID will now be powered by two waves. RTLS is the first wave, with 2007 seeing the first major deliveries, including about 100 health care facilities adopting RTLS. Ubiquitous Sensor Networks will be the second wave but it has yet to begin in any serious manner.
The leading frequency in 2007 remained HF (13.56 MHz) because so many of these projects were huge, from 25 million library books and 16 million travel cards in Beijing to the $6 billion Chinese ID card. In fact, HF RFID just to the ISO14443 specification was responsible for about 10 times the expenditure on RFID to any other specification, with large new applications added such as passports and RFID enabled phones.
http://mae.pennnet.com/display_article/325988/32/ARTCL/none/none/1/RFID-market-grew-to-$5-billion-in-2007/