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.
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.
I've already done my scooping. Now I'm just watching to see what Doug can come up with. Good luck to you...
gsiman, is this you scooping up shares?
What shall the day bring????
Sounds good to me. Can't wait to see if any short actually shows up after market on Monday.
You still got 5 minutes! :D
I guess you're trying to get them as cheap as you can? I don't blame you. I was hoping you were about to pound the ask. Oh well. Maybe later?
Looks like somebody took you up on it.
I was totally joking. I hope you aren't taking me seriously. I understand exactly what you are doing. And it is appreciated more than you know. I'm so glad to see someone else supporting the stock. You have no idea...
The bid isn't the ask :P
You guys doing anything today?
It's funny to me. I've been here as long or longer than most of you. If I figured out how high I bought this stock before the 1000 for 1 reverse, I guess I too would be really down. But instead I followed what the company was doing. Noticed that they weren't going crazy with their share structure after the reverse and decided to average down...and guess what. I'm actually up in the stock now. Amazing how that works with pink sheets. Up and down they go. If you think everything a pink sheet stock says will come to fruition, you're crazy. If that was the case, we'd stop importing oil because we'd all grow biofuels in our back-yards and we'd have the cure not only for cancer, but every other major disease that ever existed. Pink sheets have lots of crazy ideas that just don't quite work out. And there's always a great reason why it didn't. Most folks are here to make money, not to worry about whether the company will be around in a few years and whether they met everyone of their promises. To say it was a toxic 1000-1 reverse is only true if they keep doing it. If they did it because they learned a lesson, rather than just screwing shareholders, then it's opportunity. Because most investors are running the other way. Exactly the time you need to decide if it really is toxic or it's a huge opportunity. And as it turns out it was only true if you didn't average down. The stock was .0007 just in January. I personally bought some at .001. It's up almost 10x in 6 months. I'm really hurting here because every promise they made may or may not come true. You need to sell and move on if the past is all you can see. Or maybe, just maybe consider averaging down. Most of what you're saying, you could replace the CEO's name and the company name, and you'd have every other pink sheet stock's history.
I do think that maybe what is upsetting to some of you is that you expected this stock to just keep going down and down and see another reverse split. Now that it is heading back up and Doug has basically said in the last release he's going to keep the share structure in check, there are a few upset that can't believe there are people out there making money on the stock after all these years. It's all about timing...
Good luck to all.
I understand it's not naked short. I get that. Still I think it gets some indication if stock is not there at the time of the buy. The real data as I understand comes out on the 26th after 4PM on the pinksheets site. Here's my question though. On a day where it looked like all selling, why would there be any short on the FINRA data? (or much). Shouldn't shorting be for when someone buys and the mm doesn't have the stock? Maybe it works in both directions and it's just not clear to me. In other words, if you bought a million shares today, someone sold you those shares. Shares that FINRA says they either don't have. The 26th should make things a tiny bit clearer.
Are you guys done, or are you going to hit it more?
This will be an interesting question. Since you say you bought 1M. I wonder what the FINRA data will look like today. Did they actually have the shares they sold you???? That should be interesting to see.
Beautiful!
Buy more! Buy more! :D
Look at this thing. Huge sells, yet it is up. Someone is trying to clean out the stock it looks like to me.
RLAB has huge apparent selling, yet it is up. I think someone is trying to get rid of whatever blocks are there. Any other explanation???
RLAB volume coming in big time now. Someone is trying to clean out the sellers looks like. Or maybe covering????
RLAB volume coming in big time now. Someone is trying to clean out the sellers looks like. Or maybe covering????
RLAB getting hit at .011
RLAB just got pegged. .01x.011
Somebody just pegged it.
That was a big deal at the time, just because of the name. I never really felt that was a BIG deal. This is a big deal IMHO. This is a $1/2 Billion company. You don't mention their name without getting sued unless it is true. If you hadn't had a few idiot sellers (maybe shorters) that day that decided to use the amazing news to be able to dump at the current price, we'd be sitting much higher right now. You're right though. Time will tell... Keep in mind, even though we should be much higher, we are more than ten times the price we were in January. I understand we are no where near pre-split prices, but that is not my personal concern. That to me is money lost. I consider that the past and this possible future opportunity. I don't want to hear what I have lost if I bought 5 years ago. I want to know what I can gain if I have bought recently. Find me a pink sheet stock without a crappy past. I don't think there is one. That doesn't mean I'm going to stop investing in pink sheets. I'd rather invest in one where I think the CEO has learned a lesson, than some that I have no idea of the CEO's past or what his motivations are. I personally believe that Doug has a lot of drive and ability. That just doesn't always bear fruit. But that doesn't mean it won't. I'm taking a chance that it will. Anything negative spoken about ambitions that haven't come to fruition, doesn't understand the nature of pinksheets. Most pinksheets don't even have any tangible assets for God's sakes...
I guess that's how he got a deal done with a $1/2 billion company.
RLAB news
Real American Brands Management Focused on Growing Company and Adding Shareholder Value
2010-07-20 16:59 ET - News Release
NEW YORK, NY -- (MARKET WIRE) -- 07/20/10
Real American Brands (PINKSHEETS: RLAB) is taking steps to expand its core business and is also on target for growing its new lines of business. Previously, the Company announced plans to launch a Fragrance and Cleaning Line division, in addition to forming a business venture to create a new stream of revenue in markets outside the US, predominantly in the Pacific Rim.
According to CEO, Doug Newton, "RLAB's foremost goal is to create additional shareholder value, and to help accomplish same, we are seeking to purchase two outstanding debentures in order to enhance our balance sheet and reduce the potential number of outstanding shares.
Our stated objected is not to increase our issued and outstanding share base, presently at 165 million, to no more than 190 million, while the maximum number of shares in the float in the coming year will most likely be between 65 and 90 million, with the remaining 100 million in restricted 144 shares.
Newton said the company also is in talks with two Investment Banking Consulting firms and will make a selection shortly so management has the capital resources to help enhance the balance sheet and to provide potential sources of funds to finance growth and make purchases and mergers with other real American brands.
"In our last press release" Newton concluded "we promised to update shareholders on the downward volatility of RLAB's share price that occurred on July 2 when over 9 million shares were traded. In working closely with our transfer agent, and available data such as DTC and NOBO lists and equally reliable FINRA SHO short sale data, we have determined that RLAB was the victim of well over 5 million in short sales that day. As to next steps, Newton said he will be reporting back to shareholders soon on any measures RLAB can or should take to address the short selling phenomenon.
About Real American Brands
RLAB's focus (www.realamericanbrands.com) is to support brands whose origins celebrate America's unique culture, heritage and way of life. RLAB owns intellectual property rights, including US trademarks "Born & Bred in the USA"® , "Billy Martin's" ® -- the 32 year old western lifestyle brand and all licensing and franchise rights (founded by Newton and Billy Martin in 1978) located at Trump Plaza in New York City -- "Lasso", "Lariat" and "Riata" (the Spanish word for lasso) and "Green Blues" ®, the name of the company's new proposed eco-friendly blue jean brand.
Forward-Looking Statements
Statements about RLAB's future expectations, including future revenues and earnings, and all other statements in this news release other than historical facts are "forward-looking statements." Since these statements involve risks and uncertainties and are subject to change at any time, the company's actual results may differ materially from the company's plans if its assumptions prove to be incorrect or for a variety of other reasons.
Contact:
Doug Newton
info@RealAmericanBrands.com
BillyMartins@gmail.com
1034 Third Avenue @ Trump Plaza
New York, NY 10065
212-861-3100
310-289-5000 (LA)
760-413-5000 (CA)
RLAB is too funny. Every afternoon around this time, the fun starts. Today is no different.
I understand the bitterness. I've been here a long time too. I think I purchased my first stock over 5 years ago. And I suffered the reverse split as well. What I don't see is a repeat pattern though. Hopefully I'm right. Maybe I'm not. What I see is someone that made huge mistakes issuing all sorts of stock, wanted to start over (the reverse split), and doesn't seem to have made the same mistake this time. Time will tell if I'm correct...
As I've been saying, I didn't necessarily think there was a short in this stock. And to be honest, I'm hoping there isn't, because that can tend to cloud the fundamentals. But I don't think your description is accurate. Here's a link I found explaining...as I have suggested, that we need to wait for the short list towards the end of the month. I have to look up the date, but I think it's around the 26th. Here's the link:
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=47034364
Still playing games
102,000 of the 177,000 traded today were short.
http://regsho.finra.org/FORFshvol20100715.txt
RLAB all over the place.
RLAB has a good fight going on. Lot of jockeying without a lot of volume.
Now they just put a release out about it!
RLAB CEO on Imus Fox Business Channel and WABC
2010-07-15 11:00 ET - News Release
NEW YORK, NY -- (MARKET WIRE) -- 07/15/10
Doug Newton, CEO of Real American Brands, Inc. (PINKSHEETS: RLAB) and co-founder of the Billy Martin's western brand, a wholly owned subsidiary of RLAB, was interviewed yesterday by Don Imus on the Fox Business Channel, and on Imus's program broadcast on the WABC flagship and radio stations all over the country.
Imus, a long-time personal friend, invited Newton on the program to discuss Newton's memories of the late George Steinbrenner who died Wednesday at the age of 80. Excerpts of the interview are at www.imus.com. -- Videos of the full interview are available on FoxBusiness.Com and YouTube. video.foxbusiness.com/v/4281846/was-steinbrenner-mean/ and www.youtube.com/watch?v=wXDWvmtvL4w&feature.
As business manager and sports agent to Billy Martin (5-time field manager of the Yankees), Phil Rizzuto, Sparky Lyle, Roger Maris and other Yankee greats, Newton was asked "was Steinbrenner mean?", a description used by others who worked with and played for the Yankee boss over the decades that he built the team from a $10 million investment in 1973 to a franchise estimated by Forbe's Magaine to be worth $1.6 billion today.
When asked to rank Steinbrenner's place in Yankee history, along with icons like Babe Ruth, Joe DiMaggio, and Mickey Mantle, the RLAB CEO said he would leave that up to hall-of-fame sports writers and analysts, like Imus's friend, Mike Lupica, Warner Wolfe and hall-of-fame NY Daily News writer Bill Madden, author of the New York Times best selling biography of Steinbrenner, The Last Lion of Baseball. www.amazon.com/Steinbrenner-Last...Bill-Madden/dp/0061690317
Thinking about Steinbrenner stirred up many emotions for Newton who cared for the man a great deal. Newton said today "George was born on the 4th of July and I hope he would have liked our company's trademark 'Born & Bred in the USA.' He was a powerful baseball owner, but a proud American above all else."
About Real American Brands
RLAB's focus (www.realamericanbrands.com) is to support products and services whose origins, designs and character reflect and serve America's unique culture, heritage and way of life. RLAB also seeks to invest in smaller US companies and brands with potential to grow large. RLAB owns trademarks for "Born & Bred in the USA" ®; Lasso ®; Lariat ®; Riata ® (the Spanish word for lasso), Billy Martin's ® -- the 31 year old western lifestyle brand -- and "Green Blues" ®, the name of RLAB's new eco-friendly blue jean brand.
Forward-Looking Statements
Statements about RLAB's future expectations, including future revenues and earnings, and all other statements in this news release other than historical facts are "forward-looking statements." Since these statements involve risks and uncertainties and are subject to change at any time, the company's actual results may differ materially from the company's plans if its assumptions prove to be incorrect or for a variety of other reasons.
Contact:
info@RealAmericanBrands.com
BillyMartins@gmail.com
760-324-6834
Doug Newton, founder
www.BillyMartin.com
1034 Third Ave. @ Trump Plaza
New York, NY 10065
Doug@BillyMartin.com (business)
DN21@caa.columbia.edu (personal)
760-413-5000 (cell)
310-289-5000 (LA)
212-861-3100 (NY)
310-464-9200 (fax)
RLAB News...LOL what I had found earlier!
RLAB CEO on Imus Fox Business Channel and WABC
2010-07-15 11:00 ET - News Release
NEW YORK, NY -- (MARKET WIRE) -- 07/15/10
Doug Newton, CEO of Real American Brands, Inc. (PINKSHEETS: RLAB) and co-founder of the Billy Martin's western brand, a wholly owned subsidiary of RLAB, was interviewed yesterday by Don Imus on the Fox Business Channel, and on Imus's program broadcast on the WABC flagship and radio stations all over the country.
Imus, a long-time personal friend, invited Newton on the program to discuss Newton's memories of the late George Steinbrenner who died Wednesday at the age of 80. Excerpts of the interview are at www.imus.com. -- Videos of the full interview are available on FoxBusiness.Com and YouTube. video.foxbusiness.com/v/4281846/was-steinbrenner-mean/ and www.youtube.com/watch?v=wXDWvmtvL4w&feature.
As business manager and sports agent to Billy Martin (5-time field manager of the Yankees), Phil Rizzuto, Sparky Lyle, Roger Maris and other Yankee greats, Newton was asked "was Steinbrenner mean?", a description used by others who worked with and played for the Yankee boss over the decades that he built the team from a $10 million investment in 1973 to a franchise estimated by Forbe's Magaine to be worth $1.6 billion today.
When asked to rank Steinbrenner's place in Yankee history, along with icons like Babe Ruth, Joe DiMaggio, and Mickey Mantle, the RLAB CEO said he would leave that up to hall-of-fame sports writers and analysts, like Imus's friend, Mike Lupica, Warner Wolfe and hall-of-fame NY Daily News writer Bill Madden, author of the New York Times best selling biography of Steinbrenner, The Last Lion of Baseball. www.amazon.com/Steinbrenner-Last...Bill-Madden/dp/0061690317
Thinking about Steinbrenner stirred up many emotions for Newton who cared for the man a great deal. Newton said today "George was born on the 4th of July and I hope he would have liked our company's trademark 'Born & Bred in the USA.' He was a powerful baseball owner, but a proud American above all else."
About Real American Brands
RLAB's focus (www.realamericanbrands.com) is to support products and services whose origins, designs and character reflect and serve America's unique culture, heritage and way of life. RLAB also seeks to invest in smaller US companies and brands with potential to grow large. RLAB owns trademarks for "Born & Bred in the USA" ®; Lasso ®; Lariat ®; Riata ® (the Spanish word for lasso), Billy Martin's ® -- the 31 year old western lifestyle brand -- and "Green Blues" ®, the name of RLAB's new eco-friendly blue jean brand.
Forward-Looking Statements
Statements about RLAB's future expectations, including future revenues and earnings, and all other statements in this news release other than historical facts are "forward-looking statements." Since these statements involve risks and uncertainties and are subject to change at any time, the company's actual results may differ materially from the company's plans if its assumptions prove to be incorrect or for a variety of other reasons.
Contact:
info@RealAmericanBrands.com
BillyMartins@gmail.com
760-324-6834
Doug Newton, founder
www.BillyMartin.com
1034 Third Ave. @ Trump Plaza
New York, NY 10065
Doug@BillyMartin.com (business)
DN21@caa.columbia.edu (personal)
760-413-5000 (cell)
310-289-5000 (LA)
212-861-3100 (NY)
310-464-9200 (fax)
Actually, Imus several times mentions the new york store. But come on, this clearly shows the connections Doug has and how he is able to use these to his benefit. How many other pink sheet CEO's have you seen on such a program????
RLAB CEO on Fox Business Channel! Holy Crap! This is awesome!
Doug Newton, CEO of RLAB, was former Billy Martin's agent. He is on Fox Business with Imus talking about Steinbrenner.
Here are the links:
http://news.yahoo.com/video/business-15749628/steinbrenner-s-relationship-with-billy-martin-20865902
http://video.foxbusiness.com/v/4281846/was-steinbrenner-mean/
http://video.foxbusiness.com/v/4281847/steinbrenners-relationship-with-billy-martin/?playlist_id=87069
Imus even mentions the Billy Martin's store.
Holy Crap! This is awesome! Must look!
Doug is on Fox and Yahoo for the Imus interview.
Here are the links.
http://news.yahoo.com/video/business-15749628/steinbrenner-s-relationship-with-billy-martin-20865902
http://video.foxbusiness.com/v/4281846/was-steinbrenner-mean/
http://video.foxbusiness.com/v/4281847/steinbrenners-relationship-with-billy-martin/?playlist_id=87069
Imus even mentions the Billy Martin's store.
FINRA shows no shorting today! Does that mean they are starting to cover???? 214K and no shorting...hmmmm Don't know for sure what it means, but that's what I see.
RLAB CEO was on IMUS today!
http://www.imus.com/guestbook/2010/7/14/doug-newton-billy-martins-former-agent-remembers-george-stei.html
He was Billy Martin's former agent and was remembering Steinbrenner..
I'm not saying I understand what this data means or implying there is a short, I'm just providing it since I was asked. If you add up all the data on the FINRA site starting on June 28th, which is a couple of days before the big volume day, but when I started to see some shorting show up on the site, the volume totals are as follows:
11,764,094 total traded
6,616,026 traded short
Like I said, this is from the FINRA site. Good luck interpreting this data. I personally think if there is a short, it will show up on the pink sheets list on the 26th...or maybe a few days later. That's how I understand the rules. I've also heard there are ways around the rules, but that's a whole other story.