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Now that I don't find hard to believe at all.
Thankfully they have less debt pps than GG.
How about JNUG,GFI,GG,AU too. Their charts all have turned major league south.
Is that good or bad ? The task of integrating that software is a daunting task. Even took years for Pandora to get to where the downloads are seamless, not to mention the ads. I hope he's still there quietly working away on it. The downloads seem to to be great, it's nice to see ad revs up.
If he's a movie man he ought to produce a video of the ensuing conversation he had with he CFO on his way out so we could hear both sides of the story.
They are not a leader till they have produced a product and taken over market share by selling more than their competitors and have an infrastructure that can keep the customers happy. VIIC has none of these but the bicycle. They have some great ideas, but need wheels for them.
I think Ballard Power has a much higher ranking, as hundreds of millions of rides have been served to people on their transit buses.
The salesman of a company I worked for, worked his way up the ladder, made deals to promote himself and became the ceo just so he could get to to the line of credit which he tapped out 1.5 mill for a lavish lifestyle. 12 months later bankruptcy notice for all 30 employees. Another investor was savvy enough to get a hold of all of us workers before we dispersed in different directions and with their accumulated knowledge opened shop and 20 years later a multimillion dollar company and have ownership of company stock. I've seen what happens when people have no self control without accountability. Not implicating or saying anyting about VIIC's CEO's personal character in anyway whatsoever. Only that accountability is a very hard thing to manage if there are any loose ends anywhere in a business. A great CEO has to be a great manager of every facet of the business and then be great at delegating people and directing them in a way that enhances every facet of the business he is supposed to understand in depth enough to sense danger signals when they pop up.
Does this explain why they are bankrupt! Ha, funny ! GReaaat POST
China debt at 25 trillion, doubled their money supply like fed by running the printing presses , and under the radar analysts feel their hiding their internal debt which actually could be 80% of gdp. The latter is the card that folds the house.
Excellent Post: All Must Read!
Nothing would surprise me.
What makes anyone think they can't be tracked on a $20 phone?
We ihubber's have to dig up the truth on the companies we invest in by ourselves again is all it shows to me! Kudos!
Theory: Administration may have ordered federal workers pension fund to divest of all Google and AAPL stock today. FBI avenged today ?
Hopefully, not made with built in malware disguised as apps.
AAPL's and Google's 1st day is down after encrypting smart phones so they can't be accessed by law enforcement even with a court order. The terrorists will love this, plus all the hit men for the mexican mafia, and every other drug dealer, rapist, kidnapper, and bank heist felon has great protection now! Down amost 4% on day one, I would say hello AAPL board of directors. Hard message to swallow. We all will reap what we sow. Don't get in bed with evil. You will have worse a headache down the road if you don't bite the bullet and deal with it now. Their next phase is the noose of blackmail. Ethics rule #1: protect good people if you protect anyone, besides they have no secrets to be ashamed of and nothing to hide. Only darkness wants to hide from the spotlight. The stock and iphone are both bending down together today! I could see the mexican cartel happily using hundreds of millions of laundered greenbacks to get this passed! We have no idea of how far they will go to do business in this country and they hate the FBI worse than any other entity on the face of the planet. Nothing I say here will make any difference, so it's just venting I guess. Have a great day bending your phone.
The battle of VIICsburg still goes on, a few tough days in the trenches. Go VIIC
The world may be ready for SOXS, the dominos are starting to line up for a good reverse ETF. My opinion only, don't know that we have one more long run up, but the chart shows in as great support and obviously a double top on the long side.
Mid trips.
It's a worst case scenario. Big Ouch! Good reason to ride free shares after run up.
Doesn't look good, we're more than oversold today. We're overcooked! Someone is big trouble.
I hear you on that.
I also consider past history (08 gold drops 30% while gold stocks drop 80%) as a buffer to help weed out the over optimistic effects you mention, as it is as dangerous to be married to commodities as it is stocks. For example if the stock market were to have a huge sell off the last place to be for me is gold. But after the dust is settled down it would be a 1st look (GG doubled in 30 days in the 08 crash bottom) along with the best of the best in dividend payers(as MO looked great at the time). Right now some of the reverse ETF's look to have less risk than gold. SOXS would beat JNUG to pieces in a huge selloff. But if not then JNUG beats the socks off SOXS.
Simply the benefits of patenting something the whole planet needs. The sad irony on the other hand is that no one has a crystal ball of the future, and sometimes our timing is plain terrible and other at times fantastic but either way we don't take anything with us but the eternal 1 when we leave if we have it working within.
Well over the total long term scheme of things, like the last 35 years, for a good part of it they sure missed it. But in the short term it seemed a bit more accurate to me and kept me out and saved me a substantial loss.
A number of gold bugs think the bottom will come in Jan 15 according the oscillator pattern we're in right now. Could come early or might be more significant than some expect. Oh well.
It was over $1.00 pps in 97 or 98 and bottomed at about 07. in Jan. 99. I was watching things very closely at that time when they 1st started collecting royalty fees from a contract with SONY to develop the flash into their products. That was going to pay all their present debt at that time of a couple million off in a few years. I believe that was some of the catalyst to shoot EDIG to $26.50 pps in 12 mo to the day in the midst of the internet bubble. After that when the suits came along I looked back and surmised that Sony spread the intellectual property to all their subcontractors and friends and from there the whole world started using it without paying any royalties. Sony's contract was not exclusive and was just to be for their own products. I felt like EDIG should have had better legal advisers at the time but the world was a bit younger back then. Sony is the one who should have been sued for breach of contract for a billion or 2 for sharing intellectual property without permission. That's my take on it after 16 years of watching EDIG. As far other problems they may have had I didn't follow the details much as I was raising a family and working my day job. I didn't follow very closely after the run was over till the suits came along which I thought were quite justifiable. I felt along time ago that they didn't see the potential of their own flash as well as the rest of the world did, and they paid for it. End of story.
Excellent post !
good support building, run imminent.
Can we say safely that STTK has a form psycostockilogical effect over us as we all wait for asc to finish filling the rocket boosters for it's next rally ?
Be interesting to see what redwood wants to do shortly, I'm guessing extension! Would hold that support better.
Go Team VIIC!!! Locked and loaded, let the battle of VIICsburg IGNITE!!!
Team VIIC Buys up all flipped shares, takes next new leg up at battle of VIICsburg!!!$$$$$$$ Go team VIIC!!!
Team VIIC did not go away, we've simply been buying the dip, and now the sky is the limit, as this stock payload goes ballistic into outer space where the shorts will have to chase if they want their war chest back!!!
Go Team VIIC! Greaaat PR will give us stock power and then we won't need to buy any more dips!! Some are still here, just have a lot of work lately. Have a great day!
It takes Vision to succeed anywhere in life!
In my opinion the shorts were losing almost 2 million for every penny we Team VIIC ran it up and were so desperate they bought about 20 million long shares to spike it up (great for a few lucky sellers) and then started dumping them right away to create panic and then every time momentum starts they sell into it. (I think the ammo they bought is about used up.) It's way cheaper than giving up another 4 to 6 million a day as this thing goes ballistic. Momentum is the one thing that bankrupts a short seller. Since there was no dilution available to cover and we sure weren't giving them any shares, they simply sacrificed a small amount to sellers at the high to stop the flow of blood, create their own sell off and panic stock holders and disrupt the momentum with smoke, mirrors, and fear. The thing is the shares are still fairly locked up I believe. So whats to keep them from having to do it all over again, its fine with me and meanwhile the lows get higher and highs get higher with better support levels. Team VIIC will buy the dips sell em some when they want em bad, but then no panic next time. We will take the $300 mil. war chest at the battle of VIICsburg and squeeze 200,000,000 shares into outer space where they belong!!!!!!!!!!!!!!!!!!!!!!!!!!!!$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$ This is the VIIC BULL flag waving high. No tatters whatsoever!!!
If I were Martin, Ballard Power and I would already have been at the table and they would be my subcontractor of choice (maybe already in the works) as they make a fantastic mass transit bus engine which is used all over Chicago and other big cities around the planet. If not I see them as the most viable company to buy out their contracts, lock stock and barrel! Go Team VIIC, buy the dips, Send this 180,000,000 short share war chest into outer space!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!$$$$$$$$$$$$$$$$$$$$$$$$$$$$
You reloading today? It'll make your chart 1 star brighter!!! Next leg up, The sky is the limit. GO Team VIIC, as we buy the dips!!!