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these HFT and algo traders are always shorting against the box,
get enough investors to keep buying LNDC stock and sooner or later
longs can win the game. More than likely, a lot of those shares
are probably Phantom shares imo.
but perhaps the best thing to do is for the PR dept to put out more
interesting news to grab investors attention, the one thing Landec
Corporation lacks, EXPOSURE.
LNDC Short Interest
LNDC
Landec CorporationNASDAQ-GS
Settlement Date Short Interest Avg Daily Share Volume Days To Cover
4/30/2012 622,940 70,078 8.889238
4/13/2012 564,763 76,971 7.337348
3/30/2012 503,942 121,203 4.157834
3/15/2012 568,156 82,628 6.876071
well flip it over to the other side then.....
http://www.forbes.com/sites/zacks/2012/05/10/fresh-del-monte-shares-rebound-and-look-attractive/?partner=yahootix
here you go rich, you might want to sticky this so we don't lose it.
http://www.gurufocus.com/news/130438/landec-corporation#
here lies the problem, although Landec's fundamentals are good, they are
not that great. Landec need to improve all the following from single digit numbers to double digit, ROA ROI ROE,,,especially the Return on equity number.
Warren Buffet always value's stocks through this calculation and
the one thing I found out is, yes, have a high return on equity and share price will follow.
Guru focus did a calculation one time here for dfx, I'll go back and
see if I can find it so hold on.
Also, wish we could get more interested investors on board, but most ihubbers are penny players.
good trades
http://finviz.com/quote.ashx?t=lndc&ty=c&ta=1&p=d
Thank You Rich, trying to buy some more Landec today but lots of hidden orders on the quote montage and the algorithm programmers
are following the order flow, so its best to hide your order for those
crazy Ivan's.
http://stockcharts.com/freecharts/candleglance.html?ADM,FDP,LNDC|B
keep up the good work
Christopher
Dandy buy signals today and if the market rallies, I expect LNDC
to be near $10 shortly
ok good to hear from some fellow Landec fans, this stock is definitely a sleeper and will reward handsomely if you have the patience.
don't forget that LNDC has some option plays now, but not worth
it to do anything yet, volatility is just way too low and not
much action in the stock.
Volume is always the secret.
good trades my friend
hey rich
I bet you the rreding over yahoo correct?
do a good job here. good people, trust me,
I will everything in my power to help you.
good trades
Christopher
Hello Richard,
please do a good job here, I remember when idzi was the moderator
here and it was hard to get followers. I myself am an avid investor
in Landec stock, been for awhile, and fossil is one of my buddies.
don't be one that deletes posts consistently, have an open mind and
use your best judgement, I have many years of experience and enjoy
the comraderie between fellow investors.
Now about Landec, I look forward to a $15 stock here down the road.
I will be doing some fundamental analysis on LNDC tonight and I
will post anything of interest,.
long and accumulating Landec stock.
good trades
Christopher
we're even now correct>?
Time & Sales
Price Size Exch Time
$0.0001 100,000 OTO 10:18:00
it doesn't really matter, the stock will be worthless sooner or later, so he may have used the transaction for tax loss purposes.
anyhow, the nails are solidly hammered down the coffin lid now.
another lesson learned for investing in pink sheet stocks.
if you think CMEY will ever get back on its feet, you better think again.
good luck down the road.
Nope! you're wrong, they will eventually let the stock price(CMEY) drift down and become worthless where most people will just let the
stock certificates expire to collect dust, and not worth selling.
this is the way it works.
there is too much wrong with Cmey history and what not, they will
just try and make things get sweep under the rug so the SEC just
goes away.
the one news release about the Enrolled Agent auditing the
company records was a dead give away.
Alas, the company has not issued any updates and most likely
will not for a very very long time.
good luck down memory lane with C money.
any idea what the bid/ask is right now?
yes and thank you fossil, just heard from my friend, but also
wanted to say that the gurufocus website had Landec a target
of around $15/share. I'll be listening in to the conference call
on the acquisition, much appreciate all your help. seems like
ihub is losing a lot of ground lately.
well, see you around.
Christopher
shorts are right over 99% of the time.......
they will probably never cover.
This Mobile Payments Company May Self Destruct In 15 Minutes
C$ cMoney, a mobile payments startup based in Houston, is having quite a week. On Friday, the company announced an impressive funding round of $100 million from private equity firm AGS Capital Group. In total, cMoney has secured $115 million in funding commitments from AGS and a NY-based firm called Kodiak Capital Group.
The latest announcement was picked up by a few news outlets, including the WSJ’s Venture Capital Dispatch which touted cMoney as “a start-up with a funky name [that] has an ambitious plan for replacing consumers’ debit and credit cards with a mobile-payment system.”
Sounds like another promising company in the red-hot mobile payments sector—a market that Nokia, PayPal, and a host of startups like Zong are trying to crack. Except, I don’t buy it. There is too much hype, and too little actual product coming from cmoney.
That highly-touted $100 million funding, for instance, turns out not be a venture round at all, but rather an equity line of credit (a lot more on that later). And the company is being sued by a CEO it recruited. Read on for a tale of a bizarre reverse merger, promises of million-dollar fees, and a young, 28-year old founder who lists among her accomplishments and qualifications her childhood sports activities, including “dance, gymnastics, soccer, softball and tennis.”
What is cMoney?
What is cMoney?
The company, which launched in March 2009, is developing a mobile application that will let users send or receive money via temporary connections. According to reports, the application will be linked to a users’ credit cards and accounts. When s/he wants to make a purchase, the user logs-in to the app, submits information on the transaction, punches in a password and retrieves a code. The user will be able to give that code to a cashier for payment and after 15 minutes the code will expire.
Like many startups, the company’s product is not ready for market, it’s in the “demonstration” phase. However, cMoney has struggled to meet its own deadlines. According to an April press release the launch was scheduled for this summer, then a May SEC filing predicted a fall release, and now, in its latest press release, the company is predicting a 2011 launch.
Beyond the delays, the structure of the startup itself, is odd: cMoney acquired a company called Bonfire in May 2010 in a reverse merger transaction. According to an S-1 filing, Bonfire had no active operations and was previously a business based on “producing, marketing and selling audio recordings of folk tales, fairy tales and other children’s stories under the brand name ‘Bonfire Tales.’”
Bonfire also disclosed in late March, just before the merger, that it had “no cash and a working capital deficit of $28,845.”
In fact, there was only one employee, the director, Tim DeHerrera, who was scheduled to resign after the deal.
Unless cMoney wanted to tap Bonfire’s rich trove of children’s fairytales, why would a mobile payments company purchase a seemingly defunct company with only debt, no synergies and virtually no employees? The only real interest here, seems to be Bonfire’s status as a publicly traded company, trading over the counter as a penny stock (under ticker symbol PINK:BNFR). Reverse mergers are typically done by companies who cannot go public in a more straightforward fashion.
The Case Of The Missing CEO
On May 6, 2010, cMoney named Lawrence Krasner to the position of CEO, Krasner is a fairly seasoned veteran of Wall Street, as a former Senior Vice President of Lehman Brothers, a Senior Manager of Ernst & Young, and a VP of JPMorgan. Sounds like a solid coup for a fledgling startup, except Krasner never spent a single day as cMoney’s CEO, according to the company’s SEC filing.
Instead, Krasner is building a legal case against the company, suing them for damages in excess of $700,000 and 1,950,000 in fully vested shares of the company’s common stock, according to a filing. I reached out to Krasner on Friday, but he said he could not comment at the time. The company says the claims “are without merit.”
The founder of the company, Jennifer Pharris, has assumed the role of CEO and Chairman of cMoney. With the exception of a thin LinkedIn profile and her official bio on cMoney’s website, there’s very little information available on Pharris online. However, that official bio is worth a read— if you can make it through the syntactical quagmire:
Jennifer Lynn Pharris, 27 , is a College Girl who turned to the Corporate World with her quest to save time and money in the new age revolution of instant gratification, she designed a revolutionary product called C$ cMoney !
Jennifer was born in Dallas, Texas lived there for (12) twelve years with her family and was very active child in dance, gymnastics, soccer, softball and tennis winning top awards and always known as a leader.
Her high school career outside Memphis, TN graduated her with Top Honors and was recognized as Who’s Who in American High School Students and active member of SADD, FTA, FHA, and DECA and received a scholarship awarded through FTA.
While attending college at Middle Tennessee State University outside of Nashville, TN, she concentrated her degree plan in business, marketing and economics. Jennifer was a Kappa Delta legacy member wherein her mother and grandmother were former members as well. Jennifer was active in her community and various social affairs.
Jennifer while attending college began work on dream concept which was to eliminate the need for Mom and Dad to wire transfer money to her account when she needed money at College, but Jennifer created a better way, just send the money to me on my cell phone. That small step back in college and some (4) four years later has evolved a new company, C$ cMoney and worldwide patents.
Jennifer and her love for Houston moved back home to the Houston Area after college with the one plan in mind which was to follow her dream and build her company. Jennifer gives all the credit to her relationship with the “Lord” and her active time with her church, Fellowship of The Woodlands which helped her to reach her goal. Jennifer’s goal was to make Houston the New Top Technology City with her new revolutionary product called C$ cMoney !
http://techcrunch.com/2010/07/11/this-mobile-payments-company-may-self-destruct-in-15-minutes/
Whatever happened to Heritage Corp? interesting indeed.
SEC suspends trading in Nikron, cMoney
Feb. 16, 2012, 10:27 a.m. EST
By Tess Stynes
The U.S. Securities and Exchange Commission temporarily suspended trading in the shares of two penny stocks amid a continuing crackdown by the regulator.
The SEC suspended trading of Kansas-based Nikron Technologies Inc. NKRN 0.00% , on allegations of possible manipulative conduct in the market for its stock which trades on OTC Markets Group Inc.'s OTC Link. Shares closed Wednesday at 13 cents each.
The SEC also suspended trading of Houston-based C$ cMoney Inc. CMEY 0.00% amid questions about the accuracy of assertion by the company and others in media releases and other public statements. They include questions about who controls the company and the status of its audit. Shares closed Wednesday at less than half a penny a share.
The regulator has continued suspending shares in this year, continuing a trend in 2011, which saw many companies halted for apparently failing to file required financial reports. Others were suspended last year amid questions about their audits, including many companies based in China. Still other suspensions have related to over-the-counter stocks and questions about the accuracy of publicly disclosed information and the harms of stock-touting websites and anonymous message boards.
but the facts........remain the same
SEC temporarily halts cMoney share trading
Houston Business Journal
Date: Thursday, February 16, 2012, 11:29am CST
Related: Technology, Houston, Electronics
The U.S. Securities and Exchange Commission on Thursday temporarily stopped trading of cMoney Inc. , a Houston-based technology company.
In a regulatory filing first reported by the Houston Chronicle, the SEC said it stopped trading of cMoney, which trades on the Pink Sheets under the ticker “CMEY,” because of questions concerning the accuracy of cMoney’s public statements. In particular, the SEC said it was unsure of the identity of the people controlling the company’s operations, management and security, as well as the status of the company’s audit.
The company’s share trading is suspended until March 1. On Feb. 15, cMoney closed trading at .45 cents.
cMoney, which has created software technology that allows users to pay for items and transfer money via mobile phones, has faced a rocky road in recent years. In September 2010, the company faced an SEC investigation into whether the company’s founder allegedly gave illegal payments to her father. Then, in Jan. 2011, the company went through multiple executive changes.
In accordance with the company’s current trading halt, the SEC also is warning brokers, dealers, shareholders and prospective cMoney purchasers to carefully look over all cMoney information they have received from the company.
cMoney did not immediately respond to calls.
Hi guys, don't worry, this will be .0001 soon and the RIP sign
will be put up, told you so!
haha
,,,,,$$$$$
hello fossil420, well, I'm sure no one would believe it,
so their loss, the trend is our friend, stick with it,
many good things coming to shareholders down the line.
thanks for the update
Christopher
Good Morning fossil420, yes, ARSD is breaking out to the upside
from an extended pennant or bull flag formation which ever way
you choose to decipher it, and by my calculations, ARSD should hit
its target in the $14 to $15 range give or take in 2 to 3 months
by looking at the last breakout, hope you decide to enjoy the
investment, ARSD is running slightly under the radar but not much
longer. Listing on the NYSE opens up a world of new opportunities
for Arabian American Development,cheers@
Christopher
.30 cents of stock traded today so far, C$$$$ off to the races....
300 shares. good luck
or maybe not.................
sometimes you have to think outside the box.
,,,,,$$$$$