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clarification---per RVGDs PR ---it was 750 by year end 2010--geared up in 2011 and 2012--------COMPLETE NONSENSE.
cwynn--you pretty much nailed it--2 years ago I posted the best DD you could do was to see that the same group of "to the mooners" was touting rvgd,the boat guys and the green cleaners at exactly the same time--pretty much the same end result.
tough call--if ANYTHING was going on with this "company" it would not be such a big secret--recent stock moves have nothing to do with anything fundamental--just hype and promoters.I think you see some ugly lower levels.
there is no desperation to sell shares or to buy shares,no one is trying to load up on cheap shares.the only thing obvious here,is that rvgd brought its second unfinished kit car to a show,and has tried to put a positive spin on it.
there have been apx. 175 "unbreakeable support levels"----from .03 down.support and resistance levels mean absolutely nothing in the pinks.
all you can say----mgmt painted a picture not many wanted to believe--PRd a huge AS increase(followed by one even bigger) AND PRd they would be selling shares.it is now a given----will max AS---or at least to the point of no bid/no sells-----then RS.contrary to some----they must do the RS.
yes,over the past 2 months I must have averaged 1 post a week--------I have interest in the "claims" of all these green cleaners.many have done well heeding my advice.
to give my opinion of bcle---just like everyone else here.
just think bcle is the latest in a long line of "green cleaners" to come and go----you may want to do a little DD and read some history---swooping in for cheap shares here is not on my list--think they get much cheaper.I "throw my darts" at very specific targets--so far--hit em ALL.
bcle is set to search for lower levels.
my guess--dupont has a similar comment for EVERY ONE of their paying customers.
such a poor decision to go ahead and show the verde in such a state of finish---as there is confirmation of no engine/interior.auto shows are on-going--there are huge shows every few months---would have been much better to wait.it should now be clear to all that the projections of 750 units this year --as rvgd PRd (or next year or next)----are pure nonsense----as are the claims that a 100mpg ceramic magnet hybrid engine will ever be seen.
couple of points---roush must have had a minimal influence---ABSOLUTELY no way they would present one of THEIR projects at a show in such an un-finished state.2nd---not to bust anybodys chops---but quit the whining---if you want out there are plenty of "full-service" firms who will transfer in any of your garbage,sell them for a full boat ticket----$ 29 or so -----then move on ----this is DOA---no engine no sales---a year from now peter will be telling you how great his next kit is.
seems like more are seeing the light.
seems like more are seeing the light.
sorry,these "formula valuations"are pulled out of thin air----they mean absolutely NOTHING.
more importantly,at this point ----------------------------------
how could anyone believe any of the claims,targets,projections that come from rvgd ?
"all of which sounds far too good to be true"-------------------------
pretty much sums it up.
it is often mistaken that ---.0001 is as cheap as it gets----not so---and esp.true w/lcre.mgmt has PRd they will continue to sell shares to cover expenses---they have billions to go.when done selling,expect the RS---sorry,it is a given here---in the pinks,expect a 50-75% drop immediately after the RS----so,yes,it can get cheaper,much cheaper.
"would not allow them to display the engine"--------------------
probably the most hogwash Ive seen here.
for some of those new to these shows------------------------------
600hp anymore is pretty much standard run of the mill (esp for those offering little else-----just throw in a bigger tweaked v8)
I wont start that pzzing contest again---I didnt write the PR---rvgd did---750/2010 gearing up for 2011 and beyond---moot point ----claim is ABSOLUTE NONSENSE.
for close to a year the hype was the "100mpg ceramic magnet hybrid magic motor"---there is extremely limited demand for ANOTHER standard v8 fibrekit(even less @ $180k)----my guess,there soon will be no more talk of the magic motor by rvgd----evaporated.
with rvgd (as all stocks) everyone does need faith and optimism----but if those 2 are in the top 20 of your investment strategy---you are in big trouble.to show up at this show with an unfinished vehicle shows several thing----TERRIBLE mgmt decision making---how nominal roush's role must be(if they had any active participation there is NO-WAY they would allow this to happen)---shows how much COMPLETE NONSENSE rvgd's targets are-----THEIR claim of 750 year end 2010 is laughable--if the floor model gets road worthy I will be surprised---and to expect a functioning "ceramic magnet 100mpg hybrid" is as pie in the sky as it gets.
I thought all understood that--you will NEVER see anything that resembles a verifiable number.
it could be just the same reality--------------------------------
"THEY" knew what was going on ---"THEY" knew there was illegal trading going on --------------and THEY still proccessed my buy !!!!
that will be part of the announcement-----" after careful consideration,and in light of certain circumstances beyond our control,rvgd will no longer be pursuing the marketing,manufacture and instillation of the 100mpg ceramic magnet hybrid super engine".
I have to agree--rvgd is not "shut down"--the lack of volume indicates a lack of interest and belief in rvgd claims.contrary to some ---arriving at the show w/ a car lacking an engine and interior was a disasterous mgmt decision----should have waited.the claims of planting a 100mpg ceramic magnet hybrid are universally discounted.what next---without a doubt---expect a quiet period---then either huge dlution and RS---or RS then huge dilution.
well,there may be a bit of confusion----my post was a response to the question of why someone would SELL @ .0001 ("grabbing .0001")-------for anyone BUYING @ .0001--best of luck,but I wouldnt fall in love with them if you get any.
rvgd defines the case that charts in the pinks mean ABSOLUTELY NOTHING-----pinks trade on news,lack of news emotion ,hype,nonsense,noise------------charts,support and resistance levels mean nothing.
lcre will end up with a maxed AS @ either 5 billion or 25 billion(who knows)---so a RS is all but a given--and since most pink RSs are followed by a quick 50-75% drop-----grabbing .0001 may not be a bad call.
as a physics expert,I am stepping up to say-----------------------
these claims are impossible.you are welcome.
yes,I will post a picture of no engine and no interior.that or a sketch.and THAT is a fact.
if roush was taking ANY kind of an active role here---THEY would not be showing a car at this show with NO engine and NO interior.-----probably not real happy their name is tied to rvgd right now.
please,roush did some contract work for rvgd---and IF they sell anything (not likely) roush will put it together--for a price---dont try to make more out of the "roush deal" than is there.as it is obvious there is nothing proprietary w/ the verde----this has to be low priority for roush-----if they had ANY interest in putting together a fibrekit on their own ----they certainly dont need ANYTHING from rvgd------oh,except maybe that ceramic magnet 100mpg hybrid magic motor---------yeah right !!
"mock-up of the interior" ?!?!----sarcasm ??
sorry,you do not generate many confirmed sales at shows with an unfinished kit having no engine and no interior.
there was no reason for the last few days pop--just what pinks do--hope the legit longs were able to take advantage.
to the fact that rvgd has not,or most likely will not,live up to any of their projections ?
1st-there is no deal w/wow----2nd---wow is a joke.