trying to survive in a crazy world
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#2 For the DTC to procrastinate long enough that only a court battle would resolve this, would have extreemly far reaching consequences. furthermore it would seem more than apparent that Megas really has done a great job of laying the ground work, and doing the foot work. DTC could be obstinant, dig their feet in let it go to court, but then settle on the court house steps. I think there will come a point where they no longer need the aggravation and take steps to resolve this as quietly as possible.
Many have tried to drag this out and in the process wear down Megas. So far it has not worked.
There is one question which I have to ask myself.
WHY DOES MEGAS EVEN BOTHER?
How much money has he already spent to resolve this? Is it still financially prudent? I cannot answer that.
Iam of the impression that this has long since been a "Personal" issue with Megas.
Personal issue, with the checking account to pursue it, can be a bad combination for ones oppisitio
I am sure I would be called pyscho long before psycic but I just have a sense that Megas still has a number of cards up his sleve, and well understands the importance of both timeing and patience. Just a few thoughts, enjoy them.
have fun,
OT OK So if I am headed in the right direction here I should take the 3 and the 1 and add them together for a tota of 4. Then I devide by 2 and come up with 2,,,,,right? so I will assume that there were 2 purchases after the suspension.
Cool thanks for the help guys. LOL
How ironic, wasn't it 2 transactions that our MM Legend got put through just recently????
Please don't take any of this serious. I sure don't.
Have fun,
OT dkgross Family sells home that was donated by a local church
Have Fun,
Pat
http://www.wmctv.com/global/story.asp?s=5720763
Nov 22, 2006 05:13 PM PST
Katrina victim sells home
Church members thought they were building a bright future for a family of Hurricane Katrina evacuees.
"It's just a humanitarian act," says Karon Phillips.
Karon Jean Phillips is a real estate agent and member of The Temple of Deliverance Church of God In Christ.
She sat on the committee which selected the fortunate family.
"They seemed to fit the bill. They came in very humble and very needy."
A few months after the church laid down 75-thousand-dollars and turned over the keys, the family turned around and sold it.
Phillips says that she believes the family had it in their mind to sell this house from the start.
According to a copy of the deed, Delores Thompson and her family took quite a bundle back to New Orleans; selling the house for 88-thousand dollars.
That's 13-thousand dollars more than what the church paid for it.
Action News 5's Jason Miles, attempted to contact Delores Thompson by phone. Nobody from the family returned his call.
Meantime, Phillips says her church will continue to answer the call, despite this set-back.
"We will continue to help but be more careful," says Phillips.
Phillips says that she hope's that those getting the help in the future are a little more grateful.
--------------------------------------------------------------------------------
Cosmo, do you know how many people got into this after it was suspended?????? Just curious. LOL
Have fun,
Don't know how you do it. Think it would either kill me, or I would never step out of the house.
Happy Thanksgiving to all.
Don't forget to have some fun,
I think I will stick with sunny N. Ca. expect mid 60s today.
Lovin it.
Have fun,
500, a long way from doom and gloom. But I would agree that it is a rather pathetic situation at this time.
To answer your question, YES it is my intention to reap a very nice return here, unless something drastic happens to change what many of us have felt for a long time. I do in fact beleive there is a lot of poetential here. Just a matter of how it is played out. And calm would probably equal profit.
Have fun,
Perhaps time for several others to try.
Have fun,
Earth, it was already confirmed that the clock for our MM does not start ticking untill we start trading under the new cusip number.
Have Fun,
Something is very wrong here. The things which are happening (more specifically, not happening) are highly suspect.
Just to clarify something real quick, anyone who has ever read any of my post will know that I am not someone to cry conspiracy
I believe that most of the talk and screaming about manipulation is idle frustration, and while I have no doubt that on many occasions MM's do manipulate a stock. I do not believe that it is as often as people scream about it. So I guess you could say that I am somewhere between paranoid, naive, and realistic.
Having said that, just what is going on here? Generally speaking it would be rather easy to start pointing fingers at, and questioning the company. It would almost be a natural assumption that they were trying to hide something. But NOT in this case. I have only spoken with Mr. Megas twice, and both times were over a year ago. However Art and a couple of others have been kind enough to keep us constantly aware of communications with Mr. Megas. To date he (Megas) has always worked toward and ultimately accomplished the things he said he would. So as far as I am concerned unless something was to happen drastically otherwise, he has more than proven his credibility and earned my respect for what he says.
That only leaves a few links in the chain. The transfer agent, well at least in theory, on our side. The MM, same thing. Now we get into different government agencies who in theory are supposed to have our best interest in mind. I would not give you a cup of rotten coffee for that remark. I have felt for years that the market and those who control it, both civil and govt. are as corrupt as one can imagine, in fact they may set the standards for the most corrupt of the corrupt. We can only hope to tag along behind and catch some of what they spill.
Bad case scenario, lets say they are short in excess of 600,000,000 shares. Don't know about today but in 99 or 2000 that sort of a squeeze could have pushed the right stock to double digits, even from where it was. What is 600,000,000 times let’s say $10.00? OK use $5.00 not an unrealistic number for a short period of time in a real short squeeze. Somewhere some smuck is sitting in their office saying there is no way in hell I will allow some )(*(^)(*&^*%%^ to turn $1,000.00 into 5 or 10 million dollars, and damned sure not at my expense, just not gonna let it happen. And I think that is where we sit.
Mr. Megas and company did do their footwork and in fact had intended for this to start trading several weeks ago. Everything MUST have been fine as NAS did in fact allow it to start trading. Suddenly someone realizes that the cusip number is wrong? OK I can go along with that, mistakes do happen, even honest ones. However given the fact that everything WAS ok, then how long does it really take them to get this turned around. I could go along with three or four days, but after that something is wrong.
Same old bureaucratic irresponsible BS. Not my fault, not my job, the computer says, ect ect. I say BS there is a giant elephant sitting in either the SEC or NAS living room. And they do not want to address it. At this point I am well out of patience and fed up. Not with the company I already said how I feel about them. But rather with some regulatory agency. I am not quite sure what to do here, but there do need to be some level of accountability. Before they find a way to bury this mess.
And sadly but understandably, many people will want to bail as quickly as they can pull out there investment or even a bit of profit. When in fact this should be the homerun of a life time.
Has anyone here been able to get any answers or info from either NAS or SEC? Without screaming fire in a full theater, I do think it is time for some serious pressure on these agencies to determine just where and why the holdup.
Any Thoughts
Have Fun,
Can't understand why it has taken this long, just does not make sense to me. Am, beginning to wonder just who is doing what at this point. Like everyone else would really love to have some real and solid info.
Oh well, a month ago many of us figured this would probably be a write off, so i guess any progress is a gift.
Have fun,
ot yep, lot's always nice to be in good company.
have fun,
Now where have I heard that before? Many, many times.
Thanks Frankie
Yea Lakers, I think we will. More poeple and organizations with lots of clout, have motovation to see this drag, than otherwise. All eyes on crossing and dotting every T & I.
Just a matter of time, and a bit of frustration.
Have Fun,
OT itsmikie $10,000 06' Suzuki GSXR 1000
Farmington, UT 84025 - Aug 7, 2006
2006 Suzuki 1000. This bike is perfect! It has 1000 miles and has had its 500 mile dealer service. (Expensive) It's been adult ridden, all wheels have always been on the ground. I use it as a cruiser/commuter. I'm selling it because it was purchased without proper consent of a loving wife. Apparently "do whatever the f*** you want" doesn't mean what I thought. Call me, Steve. (801)867-****
LOL
Have fun,
Thanks Art.
Have Fun,
enjoy the ride, gotta go to work.
have fun,
Serf, I am willing to contribute to a collection for the purpose of sending Art on the road at least two days a week.
Watch it run then. LOL'
Have fun,
727
Posted by: Art2Gecko
In reply to: wildbill who wrote msg# 50626 Date:10/27/2006 8:31:47 AM
Post #of 51068
yes, and typical though with this stock, as I have to go out of town for business sunday night, back monday night, hopefully, so will miss any trading on monday...lol
How great to see some activity after all of this time. Perhaps with just a little more time, we can get a much better understanding if where this is going.
Have fun,
Hi Guys, please mark conversations "OT" when appropiate. Don't mind all the ot posts, but hate to take the time to open and close them. Thanks.
Have fun,
Thanks wonderbuy. appreciate the input
wonderbuy thanks for the scans. I am particularly interested in MFLX. Looks rather attractive to me, looking at a small purchase of both Sept & Oct $25.00 calls. Any thoughts?
And what do you use as paramiters for your scans? Just insider activity, or more? Thank you.
Have Fun,
Thank You,
ambitious there are numerous post the last several days from people multiplying their total div shares by a share price.
Not real. Will take a conversion. And no I am not going to go back and find all of the names, that would take it very close to personall attacks. Which is not my intention.
Have fun,
Jake, and I am sure at least some of the posters on this board who think they are now rich, will do the same if it does not work out.
Personally I would look and hope for a run up on the PPS based on a bit of a squeeze, not even concern myself with the divvies. Already have lots of worthless divs in my acct.
This whole thing looks good on paper but way to many variables we cannot control. If they chose the MM's could just continue to short this into nonexistance. Do you remember pcbm? If I am thinking of the right one, the senarios were very simular.
Wana guess who won and who lost, yep.
Sad part is the number of people posting aout the divs who honestly just don't seem to understand of what they speak.
In any case I do wish every one the best of luck.
Have fun,
Until we get conversion details about all we can do is wish and hope. PR says free trading, no restrictions? True, but what will the conversion rate be? Does one really think that they as an individual may be trading billions of shares at a price of .000??? not a good idea to count on that one. Figure on devieding those billions by a very very large number, then you will have the number of shares you can sell into the market at .000??.
Have owned this stock since January so yes I do have a vested interest and certainly hope for the best. But I think some have elevated the best to unrealistic.
In fact I would bet that the immediate potential return one could expect is right at about 10% of the existing cash value of your current holdings.
Good lock to all.
Have fun,
Thank You
wonderbuy, what am i missing/ at big charts. for example nutri systems, symbol for sept 50 is NSIIJ.X tried several variations and cannot find it.
Thanks
have fun,
Wonerbuy, how are you? Quick question. Do you know where I can find historical prices for options? Have several I would like to be able to track without have to record the daily myself. Thanks for any info you can offer.
Have fun,
Newair
Or will help you learn the lesson I have spent way to much learning.
Never fall in love
you can't lose if you take a profit.
don't get greedy
remember why you bought in the first place
and many more......
Have Fun,
Great to see a "NTRI" board. On occasions I trade their options. Thank you for setting it up. Look forward to being in and out, of the board...
Have Fun,
uwlungman, and what does that tell you???????
One just has to wonder how much heat Reyes is getting.
Just amazing how much damage he did. But the cold hard fact is that we were in a tenuis position to begin with, otherwise we would have bounced back much better by now. Which I thought we would have.
None the less, if I sat on that board, I don't think I would even waste my time talking to him about it. Just start looking for a ereplacement.
Have Fun,
Reyes becomes Google`s fall guy
March 07, 2006 00:01:00 (ET)
SAN FRANCISCO (MarketWatch) -- Google Inc. Chief Financial Officer George Reyes might be more careful about his choice of words in the future after his comments took Google shares on a volatile ride last week.
Reyes -- who joined Google (GOOG, Trade) as chief financial officer in 2002 -- is arguably the man who holds the most critical information about the tightlipped company.
Any gesture, any hint, any shrug, any nudge-nudge, wink-wink he may offer that's remotely related to the financial direction of the company will be interpreted or misinterpreted, for better or for worse. That's the lesson Reyes got last week.
"The company's policy to limit communication with investors creates many situations where George Reyes has to take it on the chin," observed Jordan Rohan, analyst RBC Capital Markets. "If you compound that [lack of communication] with the company's unparalleled performance -- any cautious directional comments he makes will be viewed with great emotion."
Indeed, the rapid-fire growth Google's delivered has only contributed to its appeal to the momentum crowd, whose buy and sell decisions are dictated by emotion and psychology more than Google's own fundamentals. This "crowd" helped drive shares of Google to well north of $400 in mid-January.
The stock started last week at around $380. On Tuesday, the stock dropped $52 within about 5 minutes after Reyes' comments about "slow" growth.
It is Google's unconventional no-guidance policy that's made the CFO position perhaps even more challenging than it already is since Reyes is restricted from wrapping any numbers around his statements. That's hardly an easy task even for this seasoned financial executive, who is said to be quiet, pensive, reserved and well respected.
Prior to Google, Reyes was interim CFO at ONI Systems, where he assisted in the sale of the optical networking company to Ciena, according to Google. Reyes also spent 13 years at Sun Microsystems (SUNW, Trade) in various finance roles.
But those companies were far from the atypical Google, which strives to be "unconventional."
That makes Reyes job - communicating about the company's financial expectations -- even more difficult.
Google may be the No. 1 company that investors want guidance on. Yet Reyes has to skirt around offering any.
"The position of chief financial officer for Google has to be one of the more difficult jobs in existence," said Rohan.
Reyes has "a tougher job, over other CFOs," Mahaney added. "The three people who run the company don't want executives to communicate in conventional ways... His marching orders are much more limited." The three people Mahaney is referring to are CEO Eric Schmidt and co-founders Larry Page and Sergey Brin.
For instance, Intel's (INTC, Trade) finance chief last Friday was able to tell investors that the company expects results to fall below expectations.
Reyes can't do that.
Still, regardless of the constraints on him, Reyes still has a responsibility. Some say he could have used better judgment about the words he used at the Merrill Lynch conference.
Reyes told investors that Google's growth was "slowing" and that the company was not immune to the "law of large numbers."
Add to those comments new information Reyes offered up -- which is that Google's team of engineers were reaching some sort of limit to the amount of dollars they could squeeze out of each click -- and the story turns negative, if left up to interpretation.
His words regarding a team of engineers who tweaked the ad system for optimization for 18 months were thus: "That sort of paid off nicely with the fruits of that labor. What's happened since then is we got so good and so efficient at that back then that really most of what's left is organic growth, which means you have to grow traffic and monetization."
These were "ill-chosen" words, said Mahaney. It's the third time Mahaney recalls that Reyes offered up "overly cautious words." The first time was last summer when Reyes remarked about weakness in the September quarter, which turned out to be misleading, said Mahaney. On another occasion, Reyes' comments about click-fraud were "alarmist," Mahaney said.
In some sense, lack of communication has absolved this CFO of some responsibility. He doesn't have to communicate.
But at the same time, it leaves him unaccountable and with a slight loss off credibility, especially if the company doesn't back him.
On the same day that Reyes made his comments Google released a statement that didn't back him up. Making matters worse for him, two days later, executives painted a very rosy picture of Google's growth opportunities and sought to dispell any concern about slow growth.
"He was marginalized ... by the company's refusal to lend any semblance of truth to the economic reality that Reyes discussed," said Rohan.
Google's Reyes was not made available to comment, but his boss was.
"George's track record with Google is undeniably impressive," said Google CEO Eric Schmidt. "We are a fast-growing, global company that innovates at a break-neck speed, and in the midst of all that, George has helped lead us through a successful IPO, a secondary offering that raised over $4 billion, and several quarters of record-breaking revenues."
Most observers agree: Reyes has a tough job. He's constrained to give out the very information Wall Street expects from him. Since he agreed to the job, he has no choice but to work within those limitations.
But the difficulty of managing within his constraints is a sign of a broader trend at Google.
"I'm seeing a pattern of Google getting caught in their idealism and the realities," said Tony Perkins, CEO of Alwayson-Network.com, a site that follows trends in Silicon Valley. "They have ideals -- do no evil -- but they have to compromise because the real world expects different things," said Perkins. "Reyes is caught between Google's idealism and reality."
Indeed, he may be. In time Reyes and Google may even begin to compromise those ideals, and be more communicative to Wall Street.
But until then, Reyes is the fall guy.
As Perkins put it: "I think he's in the doghouse."
off to a solid start. have fun
Haven't been this excited in a while. New when Reyes blew off, it was time to jump on some calls real quick. What I did not know was how long it may take to rebound. I figure if we could see any positive movement within two days, we would be okay.
Needless to say we more than saw that.
Todays extended hours closed just over $382.00. Am really loking forward to tomorrow, would expect a nice gap up. More important I would expect more buys than sells during the course of the day.
Any thoughts on how fast we bounce to $400.00 or over?
Have Fun,