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.
"we" is us, you and me and all of the other retail trader out in the market. we are at a disadvantage in this market. it's not as bad as it used to be, but the game is still nasty.
i don't claim to be right in any particular case. it's just that the odd's are against ur in this game, and i just play the odds.
yep, and we are at a disadvantage.
my rules---buy what everyone else is buying and sell before they stop.
i only started making money at this game when i got my own pair of "weak hands"
OTC and PINKs is no place for strong hands. they always get burnt.
if there is a halt, most likely it will be the standard 10 day halt. then there will be a lot of bag holders. a lot of people here have risked a lot of money here. some have traded into free shares, some have traded for good bank, but some are just holding and will ride this down to where they can't stand it anymore and get out at a terrible loss. i've seen this many times, and it always ends up the same.
this is a mean and nasty game we're playing in and a lot of good people get burned.
myself...i wouldn't be caught in this over the weekend at all. you've ridden the news spike, but that's it. this needs new money or it's going into a tail spin.
here comes the 3:00 skedaddle. take profit while you can.
if you step away from this board for a while, you will find yourself changing your mind about a lot of stuff you read here.
street...how long have you been following this bunch?
don't own. too late to the party. woulda been out by now anyway.
i picked up a smidgen at .003. maybe a quick flip but not looking for much more.
oh, i would have been out by now, that's for sure. even a couple hundred bucks is still a couple hundred they can't take away.
this is like deja vu. i've watched this happen before.
this is a penny run that i missed. saw it after it had run a bit. ran a lot further but was too chicken to gamble.
i've seen this board by many names. they all end up alike. all the same posts. fighting "shorts". anyone who throws water on the fire is "a short" or "has an agenda". first the shorts are blamed, then the "bashers" are blamed. then they starts turning on "weak hands". eventually after going after the company, they end up blaming other supporters for being in on the pump and deception.
it's a pattern i've seen on these boards.
i deleberately stay arms length from boards of any stock i own. my judgement becomes impaired and there is this energy that induces one to fall in love with a stock.
for these otc's and pinkies, i do ok as long as i'm scared.
i'm looking at .14 may see it tomorrow. had it set to .161 for a quick afternoon flip but asked for too many i guess. i'm down to a third left so getting that second third back .10 cheaper is my goal. after that, who knows
AAGH..... .161 is bounce point today....my guess anyway
though it may be legit....i still see a cartoon in there somewhere.
UBET closing in on double bottom but....
some upcoming arbitration that may go against them and then this from their last q....
"While we expect Youbet handle to grow on a year-over-year basis, we have recently experienced a decline in wagering volume from several of our highest wagering class customers. We believe a significant portion of this decline is attributable to an industry-wide trend whereby high-volume track, off-track and ADW customers are being aggressively recruited by illegal off-shore bookmaking entities that do not pay host track fees and, therefore, offer higher rebates and a broader number of gaming opportunities than domestically-licensed ADW providers."
think i'll wait.
woulda worked too is seems.
tryin' to poach a little at 1.4 but didn't get any yet. thought stops being taken out would send it down rather sharply.
looks like we'll grind right down thru 2000 now.
nope....that would never ever happen. immoral, it would be.
it's manipulation or some sort.
you aren't my brother tom, are you. sounds like a family trait you decribe there.
i'm selling tuesday or wednesday before earnigs if we get a run. just would rather not see a drop beforhand.
they haven't been yet. they purchase ahead of production so they know what their costs ar going to be. my concern though is them selling a minority stake. that would require dilution and indicates that they may be looking outside their core competance for oportunity. ipo'ing a division may not be the best for holders either unless distributed to current shareholders. JADE is just a holding company.
anyone holding or watching JADE?? looking for opinions on todays news.
i put a bit in long term acct. 6.64 last dip. back in the hole. my ruthless fury will be in short term acct as i'm still all out in there. may add in long term.
DATA...may be time to watch. earnings cc on monday after close. no pre earnings run. nearing support. constant sell down everyday.
like most other junk faxes i get, the from number is hidden.
even faxes from some of my customers have hidden numbers. it's all part of trying to not have ones fax no. floating around. junk is really a problem. i never give mine out except to customers. (and y'all of course)
i think the junk faxers figured out early to not have a 'from' number visible or a reply fax listed. i've had more than one person tell me how they faxed back an endless loop for revenge.
feels so good to see tsys drop after i sold yesterday, after my hdsn screwup. at least i played another one right. nothing is goin up after q reports. beat guidance and guide up and they still fall.
RIG...pm a fax number to me if you want a copy of that blast
zep....good ole Market Sine
oh, no -- last post of the day.
there are very strict rules governing depreciation. many public companies have found themselves in trouble by fiddling with depreciation to fudge the books. lenders don't like it either. buildings depreciate over 30 years i think. there is a couple of ways to do it, but which ever you start with, you cannot change. the choice has to do with the use and time frame. office equipment depreciates in 3 years. standard machine tools depreciate in 8 years. some special machinery, such as that to produce automotive can be depreciated in 3 years and some in 8 years. it all can be done in either accelerated or strait line.
confusing? that's why my wife has to have an mba and undertake continuing ed. in order to keep up.
most rules regarding depreciation are changed from time to time. sometimes to close loopholes that have been taken advantage of and sometimes to create loopholes to be taken advantage of.
one of the recent changes was to allow a $25,000 deduction the first year and strait line depreciation for the remainder over seven years for machinery. the purpose was to encourage investment. to qualify though, you had to show a profit the first year. otherwise, normal depreciation rules apply.
fasb123r i think will be r'ed again. the mark to market process is cumbersome and really clouds the issues. what they've done is move future dilution into expenses. that's fine as long as the stock price is stable. what happens if the stock price falls beyond exercise price? the option becomes income.
look at depreciation as a compromise between business and the tax collector.
nope....IRS don't like that. it's a depreciable asset. capital assets spent in return for capital assets equals depreciation. every capital asset has differnt rules governing depreciation. i have some industrial property that is cash flow positive, but i show a loss. but, the IRS will catch up when i sell. same process applies to every capital asset.
i think it was this morning some time. i pulled a stack off early this afternoon and it was among the trash.
the gaap handling of goodwill alows for deferring of income taxes until the enterprise is sold. defering of taxes is a primary motivation in most business that i know of.
the whole purpose of that fasb123r shit is to conform to european standards. that's how they do it over there. trying for some uniformity i guess.
yep...."sulja bros. & loftwerks merger complete". that's the headline.
30 mil. sales
25 mil. assets
that justifies .11 per share.
to do 200mil. and raise assets to 125mil.
assets divided by o/s = .625
2000% ride from here.
normal bs mixed in
i get lots of these.
once the fax as been out for a while, most die a slow death.
i'll keep the few cheapies i have just to see what happens.
what the new rule on options, warrants and convertables requires is that the value of all of those be marked to market at the end of every quarter. a company can close down and have zero revenue and still have millions in gaap income.
RIG, spark, and dc.....i got a fax blast paid for with 4 million shares. paid to Market Sine by AQFS, Inc.
who is AQFS, Inc? that is the question.
finally figured that out. 4 mil shares paid to fax blaster.