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I bought my first shares at $2, so yes 50 cents is a buy IMHO too!!! LOL.
All the regional banks have been rallying this past week, Seems to be quarterly game, up 300 to 400% pre earnings, than slow bleed down 75% to old or new lows. Right now it is in the early rally phases to a run back to $2, if history repeats itself.
More good news:
http://ih.advfn.com/p.php?pid=nmona&article=43552308&symbol=CGYV
Financials can't be long off IMHO. This one is still a buy down here IMHO.
I still have shares I bought from .60 to .30, still long.
Hogwash!
Table salt, sodium chloride is one of the most toxic compounds known to humans on the planet, and the ocean is full of it!!!!
http://chemlabs.uoregon.edu/Safety/toxicity.html
http://foodandhealth.com/cpecourses/salt.php
One of the reasons salt was introduced centuries ago to the food supply, is because it is toxic, toxic to bacteria, that is why it is used as a food preservative, like smoked beef jerky, it is stops natural decay, it is toxic to the bacteria.
The dispersant does not move the oil to ocean floor to hide it. It emulsifies it so it can disperse (by emulsification) the oil into the bulk water, just like dish soap does to cooking oil in your kitchen sink, thus increasing the water-oil interfacial area making the oil particles small enough for naturally occurring microbes (that eat oil) to reach more of the oil surface at the water-oil interface so that nature can more quickly convert the crude oil into biomass that is consumed safely by the oceans food chain.
All the microbes need is oxygen and smaller particles of the oil surrounded by water to help get that job done. The dispersant is no more dangerous than your household dish soap.
The dispersant BP is using also happens to be biodegradable.
Scariest thing I see in that oil assay is the huge Calcium content!!!!
OMG, that is scary!!!!!!!!!!!! (LOL)
But seriously, looking at that assay, if you remove the part that is actually crude oil, hydrocarbons, the rest is safe to drink.
In fact the sea water would be far more dangerous for human consumption than the non-crude oil part of that list in the assay on your post.
If you really want to solve a serious environmental problem get a grip on this one!!!
http://www.dhmo.org/
And don't forget all the critters in the ocean that use the ocean to crap in everyday. What a foul mess they leave behind!!!
I heard on the TV news tonight that US Pentagons largest fuel supplier is BP, at nearly $1 billion dollars a year.
I also read today that BP is installing a new cap this weekend and adding a ship that should stop the leak 100% by Monday!
I would just like to point out now that your first post her was not true!!!! Therefore we have little reason to believe any of the rest of your posts attacking this stock and company. You first post said:
"This co is being sued, does anyone care??? at all...what a joke"
Your own link to the story you sighted proved your statement was not accurate. MNLU was not named as a defendant in that suit according to the news YOU cited as proof of your statement!!!
MNLU is not being sued!!!! I suggest you stop making false accusations here.
I also find it odd that all but 2 of your posts in 16 months since setting up your alias have been here to attack this company, the last few weeks.
Most of the price drop here and in AEXP has followed the entire market correction down the last 2 months along with the considerable drops in natural resource prices, especially crude oils pull back, but natural gas is down from 2010 highs as well. Even KWK made a number of 52 week lows lately, down nearly 40% at the low recently. The current heat wave may help boost futures, along with the current rally, which may spill over here.
Typo/addition to my last post, current market cap is about $100 million, or about 5% of worldwide sales!!!! Near as I can tell their losses last 6 quarters have been nearly equal to capital investment costs and R&D investment costs, and in part due to the recession, but their sales revenue is climbing strong, so they may turn the quarter and show a profit this month or next quarter. Losses have been falling last 3 quarters.
Just out of curiousity, how many shares are you short on this stock. It is now obvious you are trying to push the price down with miss information and miss direction. WE are on to you sir!!!!
I started some research today on Mastic gum only on the internet. Here is the google search results, quite an eye opener!
http://www.google.com/search?q=mastic+gum&ie=utf-8&oe=utf-8&aq=t&rls=org.mozilla:en-US:official&client=firefox-a
I actually buy and use the Jarrow brand of CO-Q10, they are lowest cost source I have found at my local health food store.
http://www.drugstore.com/products/prod.asp?pid=271082&catid=70275&aid=337953&aparam=jarrow_formulas_mastic_g&CAWELAID=515302867
The difference as I see it so far is that IFUS is combining Magnesium with Mastic gum to get synergistic effects (Ref: the pending patent application)
http://www.drweil.com/drw/u/QAA400531/Medicate-With-Mastic-Gum.html
http://www.vitacost.com/Source-Naturals-Mastic-Gum-Extract-500-mg-30-Capsules?csrc=GPF-021078014195
Earnings coming out on July 28th according to a news bite.
CBAK to a 20% dump early today, and rallied to close up .02, about 1.5% up. I was already long and added during the bounce. My add was up .08/share or plus 6%. CBAK as near as I can tell is now oversold. It has a low share float, current market cap around
CBAK made a new 52 week low today at $1.35, but closed up at $1.52 on double the daily average volume. About 8% of the 66 million shares outstanding are short, And it has sales of about $2 billion US/year, in state of the art Li-ion batteries. CBAK reports earnings July 28. CBAK has gaps at $4 and $2.30
According to Fidelity CBAK is selling for 1/2 of book value now!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!
CBAK's last quarter had a 24% increase in revenue over the same quarter in the prior year
Details on CBAK here, as well an interesting chart, I think today's candle is called a bullish HAMMER!
I was late to the crash party this morning, when someone shorted the stock and pushed it down 20%, but I did add shares at $1.44 before it turned green to close up and green, up .02, after a 10:30 am sell off that sent it down .13 cents share to a new 52 week low of $1.37. Volume was twice the daily average today!
This may be bad news for Monsanto and their corrupt genetically modified seed business!!! These systems could be used to stop seed migration which has been helping Monsanto take over control of the worlds food crops!!!! They could be combined in deserts with solar power plants for power!!!! And don't forget COIN's organic fertilizer in the mix. I like their ability to synergistically combine COIN's recently improved product market efforts!!!!
And COIN is certainly priced right here, and the market acts like it bottomed (for now anyway).
I wonder if these units can be scaled down for sale at Home Depot? Or will they just be large packages.
Awfully quite here for today's news. I guess most bailed on this one already, a good sign of possible low?
All I see is they registered potential shares, if warrants are converted, and the warrant conversion would cash in the bank for MHAN:
"This prospectus relates to 66,125,132 shares of common stock of Manhattan Pharmaceuticals, Inc. for the sale from time to time by certain holders of our securities, or by their respective pledgees, assignees and other successors-in-interest. All of these shares are issuable upon exercise of warrants held by the selling securityholders. We will not receive any proceeds from the sales of the shares of common stock by the selling securityholders. We will receive the proceeds of any cash exercise of the warrants."
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=52039679http://ih.advfn.com/p.php?pid=nmona&article=43503414&symbol=NB^MHAN
I only read the first page, will try and read it all later.
Interesting day here. I grapped a nice chunk of COINW early at .13, at last check it was up another 30% since I bought on the news today. I consider the news quite bullish!!!!!!
http://ih.advfn.com/p.php?pid=nmona&article=43512779&symbol=COIN
Extremely bullish considering the capitulation sell of yesterday and new all time lows we hit at .49
The drop in crude oil prices and general bearish market last 2 months have not helped. I have starting looking at to. It well drilling news recently I think?
Well I was real impressed with the second to last deal where they swapped stock to take over a large China parts OEM, that looked to me like they were going to use it to make the engine or engine parts, possibly for that earlier motorcycle deal? Pure speculation on my part, but the news of deals, huge, major deals seem to keep coming on this one. I can see this one in the $5 to $10 range in a year or 2. Hell they bought a profitable vehicle parts company for a simple stock swap, that has got to say something about what China thinks about this technology. I actually dug up the patent files on this baby a good while back and was shocked at how simple and innovative the damn engine is!!!
Damn, who has the rights to the movie??????
The CEO is and has been overseas in China for months now, from what I have seen, and not seen in the news. And the company is not overly staffed from what I can gather. He has so many red hot irons in the fire right now, I am really not surprised you did not get a reply to the email. I had forgotten about that deal, but I suspect it is still on going. It might explain where some of the cash is coming from too. We have had real good volume in the stock. I am grabbing more shares at the lows, as they look like a gift right now in the .30 area.
Not if we move into GDII when BP goes belly up.
No, not my website, but I wish it was. Surprised you are the only one commented on it. I think DHMO is also a toxic contaminate in that whiskey?
But feel to milk for all it's worth!
LOL
They may try to keep BP afloat till the spill is contained, and clean up starts to wind down, the sharks will circle for the kill. Once that is done, well sealed, the fur will fly. If they fail to contain it and start seriously looking at bombing it, like with a nuke, or huge convential, the fur will fly.
Actually a force 5 Hurricane might help clean up the mess.
On the News or lack of it in the NW, you should have seen the news sharks circling today here in Houston when a whole 5 gallons of tar balls showed up the beach for the first time in Galveston, and was traced back the BP spill (organic compound trace tests said is from the BP spill).
LOL. 5 gallons, it is a disaster, to hear the news people going.
Question is how large is 18% of CSOs, how large is the CSOs? And the next question is domino effect of not knowing who is at risk and for how much. What I fear is credit freeze up between banks again.
I retyped that, may not be 20% of 400 trillion, hard to tell as the article switches back and forth and bounces around from derivatives, to CDOs to CDSs, and leaves some gaps in the real picture, which is part of his point, the unknowns may bring the banks down again, like the mortgage derivatives did, due to too many unknowns! My first read had me thinking 20% of 400 trillion, by I mixed the facts up, sorry, but it could be that bad with the leverage involved.
Read the link,
"A study by Moody’s outlines that a BP bankruptcy would impair 117 Collateralized Synthetic Obligations (CSOs), which would lead to pervasive losses by a broad range of holders. The 117 effected is a startling 18% of the total CSOs outstanding, which is an indication of the scope and impact of BP financing globally. For those that remember the 2008 financial debacle, you will recall its epicenter was the collapse of Collateralized Debt Obligations (CDO) associated with mortgages and Credit Default Swaps (CDS) of financial companies impacted. CSOs are even more leveraged and toxic.
Answer is in that article half way down.
"On June 25th BP’s Credit Default Swaps shot up 44 to 580 on the 5 years CDS. This meant it costs $580,000 per year to ensure $10 million in BP bonds over a 5 year contract period. Anything approaching 300 is considered serious risk. For counterparties willing to pay this amount means their dynamic hedging models are working over time and a near panic scramble is taking place. "
"Then think about what happens if BP goes under. This is no bank. With proven reserves and wells in the ground, equity in fields all over the planet, in terms of credit quality and credit provision – nothing can match an oil major. God only knows how many assets around the planet are dependent on credit and finance extended from BP. It is likely to dwarf any banking entity in multiples…. The price tag and resultant knock-on effects of a BP failure could easily be equal to that of a Lehman, if not more. It is surely, at the very least, Enron x10.”"
"Massive BP Risk lay in the $615T OTC Market that only the major international banks have any visibility to…. and they are not talking! "
"What is yet unknowable is what the reality is of BP’s off-balance sheet obligations and leverage positions. How many Special Purpose Entities (SPEs) is it operating? Remember, during the Enron debacle Andrew Fastow, the Enron CFO, asserted in testimony nearly 10 years ago that GE had 2500 such entities already in existence. BP has even more physical assets than Enron and GE. Furthermore, no one knows the true size of BP’s OTC derivative contracts such as Interest Rate Swaps and Currency Swaps. Only the major international banks have visibility to what the collateral obligations associated with these instruments are, their credit trigger events and who the counter parties are. They are obviously not talking, but as I will explain, they are aggressively repositioning trillions of dollars in global currency, swap, derivative, options, debt and equity portfolios."
If you think people are pissed at BP now, wait tell they take us into GD II with a collapse of BP!
OMG, I feel so much better. CDC and FDA are on the job!
LOL
Good one.
Myth number one, "We are with the government and we are here to help"!!!!
FDA is nothing more than a food industry and pharmaceutical business puppet. EPA was nothing but a GWB puppet during the 9-11 aftermath telling people the air was safe to breath, which was nonsense.
But that is a nice post / link.
Last time I checked FDA was defending the food supply of canned Tuna fish by testing 20 random cans of Tuna per year nation wide, and filing the report, even if it exceeded the 1 ppm limit for mercury they have on Tuna fish they never take action except to file the report, and 1 ppm of TCLP soluble mercury is 1/4 th of the hazardous waste definition for EPA (there is a 20x dillution and leach test involved in the EPA TCLP test and the EPA limit is .2 ppm)..
The FDA allows crude oil derivative color compounds to be used in food in the USA, while they are banned in Europe. These same food color agents have been linked to ADD and similar problems.
I have a real hard time believing there is any air born contamination issues yet from the BP spill, flaring at the spill site, or slick burns, or the use of dispersant at the spill site. VOCs will be long gone by the time floating oil gets any where near shore lines IMHO. Dead decaying wildlife and fish should the float up on shore are another matter!!!!!
Dispersant use at the shore might have an odor, but are they using near the shore?
I read once that the best way to get rid of Raccoons was to leave a dead sardine in the attic or basement. The odor runs them off, only problem is it runs off the owners too, LOL.
NYBob, this is what the environmentalists should really be afraid of!!
http://www.dhmo.org/
http://www.dhmo.org/truth/Dihydrogen-Monoxide.html
http://www.dhmo.org/milk.html
http://www.dhmo.org/coverup.html
Just a wild guess, but if a stock goes up to high to fast with out news driving it (or real buy and hold buyers.....) it can trip too much selling volume wise, and send prices lower. I would prefer a steady stable day after day climb! Be careful what you wish for.
I actually suggested this possible issue myself about 2 weeks ago.
That video is absolutely PURE, UNADULTERATED BS!!!!! Give me a break people.
You test rain for acidity by collecting it in a clean container while it is raining, and testing it with a pH electrode/meter and a titration procedure for total acidity.
Since when does an oil spill cause acid rain, LOL, let me get my tin, I mean acid proof lead hat out, LOL.
Unfortunatly I am still about 98% long on biotechs and alt energy battery, and CO2 to fuel conversion techs that I thought would rally back up soon, but now I am having doubts that anyone except lawyers might survive this mess.
Problem is there is no way to know WHEN the next shoe might drop. I guess I could by Dec put options on a stock index with a strike price at say 75% off of recent highs as a doom day insurance policy on the cheap. Like Dow, DJI at 4000 by end of year?
One thing is for sure, I think volatility is going to be here for while longer!!! VIX options maybe?
I agree with your posts, and might add that many stocks are down even more since August 2008, just look at DRYS, or thousands of others.
This is a must read for any one in the stock market, not just those playing BP:
http://www.marketoracle.co.uk/Article20778.html
I am hoping that the US and British pass some sort of joint superfund tax law to pay for cleanups like this one, that also caps damage claims, other wise we may be looking at BP bankruptcy, CDS defaults and the failure of the entire world banking system and insurance system, world wide credit freeze II, and Great Depression II.
I am super bull, and 99% long right now, but reading that article scares the shit out me. Sovereigns can print money, BP can not!
Two things to say. One thanks for bringing it to our attention!!!!
And two, if you had just posted the link to the details to begin with, with your claim that there was some law suit somewhere out there, I would not have jumped on your case, LOL.
That said, from what I have read in the article, the lawsuit does not appear to name Midland as a defendent. But the US attorney for Mainland "intends to respond to Mr. Urquhart's allegations and pursue substantial counterclaims against Mr. Urquhart in due course -- in court, not in the press," she said.
Sounds like something we need to watch for more news on, but all I see so far is a rumor (unsubstantiated was the term used in the article) of possible smoke, in the past, and a guy that seems to be throwing mud in public, while admitting in a court suite he filled that he was involved with 3 cheaters and got cheated while helping the cheats?????
Not sure what to make of it all. But I am still long AEXP in expectation of merger with MNLU, and not planning to sell any time soon.
If some has time and resources to dig up and read the 178 page suit, I would love to see the meat of it, if there is any as it applies to MNLU.
Sued by who, where are your facts? Post your facts if you have any, or try shorting something else.
This is the second out of the blue post attack here in a week? Last one had his facts wrong. Is some one looking to scare people into selling here while they make money on shorts? Starting to smell fishy to me.
I have been watching the news on this one for months, maybe a year now in my watch list since an email pump came across my screen, and today's news, and what looks like a stable bottom lately on a simple chart has me wondering if it is time to peak under the hood?
What is the scoop here? Is just down just like everything else? Do they have any profits yet?
Well we just got a follow up filing, plan to raise up $75,000,000 filed with the SEC.
No real details other than the dollar limit, and the 250 million AS you mentioned earlier.
They also got another NASDAQ delisting notice this week, with 180 days to D-Day.
I just hope they have good plans to boost the stock back to $2 before they sell new shares, and take care of the delisting notice before this gets nasty here.
Those are bold plans dollar wise, unless they are planning on selling a huge mess of shares at .40 to .50, which would make me as pissed off as BBB!
They definately seem to be moving into a buy competitors mode, or they may be planning to raise cash to pay off the big bond debt down the road???, or both?
Not sure how I beat you guys to this news, it is not even on IHUB news yet, but seems this news was out Friday morning, according to Fidelity!!!!
http://eresearch.fidelity.com/eresearch/goto/evaluate/news/basicNewsStory.jhtml?symbols=MVTG&storyid=201007021046WSOD____CAPIQ____736-10895035938271017-20100701-26919591&provider=WSOD____&product=CAPIQ___
I am reading through some older posts here, and this one struck me as terribly funny. I am an anti AMA guy, and my brother is a retired MD. I am a pro herbalist, healthy food.......guy, that eats lots raw veggies, takes lots of vitamins, and stays away from junk food as much as possible, including sugar and soft drinks......anyway, reading this older post
Struck me as funny that people still think AMA doctors and the billion dollar drugs they pump are SAFE, just because the drug companies spent zillions of dollars testing them, FDA approved them and then an AMA doctor with a real medical license prescribed them.
If people just avoided real doctors, and ate just fresh food the medical industry in the USA would collapse!!!!
That said, I have read the patent application. Once again I would like to say that I am impressed it even exists. This one out of hundreds (or thousands) of companies I have looked at over the years claiming to have patent pending status, and is the first one that I was actually able to obtain the application, thanks dda!
While the application is real, and seems to still be trying to get some of the original claims allowed, if I was the inventor or if was IFUS management I would fire the idiot that wrote the first application. Very poorly done, poor grammar, poor english, mistakes in it, but I have seen some $300/hr patent attorneys produce some REAL patent app JUNK before, so maybe I should not be so critical. The more mistakes they make, the more work they generate for themselves at $300/hr, that $5/min folks!.
Good news is, I guess the patent applicant seems to still be fighting the US patent office over final claims wording, and over what parts will be allowed, and seems to still be alive, as the copy dda got me has the revised claims from the original which was filled May 7, 2008, and updated on Oct 2, 2008.
Unfortunately, in the Oct 8, 2008 copy dda sent me, the current initial claim (old claim 12) has an error in its english, 2 in fact in the first two lines. I hope they have found and corrected them by now?
"Where a decline in" should read "where an increase in" on the first line of claim 12 (now claim one), and on line two "have been brought about" makes no sense, some words must be missing there????
Unfortunately, I have not had time yet to do the deep level internet search and patent office search I plan to do on this myself, but I did finally finish reading and noting things in the copy dde got for me (he posted a link here IIRC). Nor have I heard anything from brother (MD) good or bad on this, yet. Guess I need to nudge him.
One final note the original application was a provisional filed back in 2005! Then in 2006, Nov 6th, a US divisional app was filled, but it looks like it was abandoned Oct 16, 2008?
https://sportal.uspto.gov/authenticate/AuthenticateUserLocalEPF.html
I don't know if that link will work, you might need to type in 11/560374 as the patent application number to get to the status page.
BUT! The current application is dated Oct 2, 2008, number 20080241273, and I can not find the status on it (correction read further down, just found it), nothing comes up on the www.uspto.gov status search engine. It looks like the original was abandoned and replaced 14 days before it was abandoned (not unusual so don't read too much into it).
Here is a link to the earlier application that was abandoned:
http://appft1.uspto.gov/netacgi/nph-Parser?Sect1=PTO1&Sect2=HITOFF&d=PG01&p=1&u=/netahtml/PTO/srchnum.html&r=1&f=G&l=50&s1=20070148187.PGNR.&OS=DN/20070148187&RS=DN/20070148187
Here is the 2 page USPTO letter and final action on the original application:
http://portal.uspto.gov/external/PA_PeaiPair/view/BrowsePdfServlet?objectId=FMEVO97HPPOPPY5&lang=DINO
Like I said, the Oct 2, 2008 application seems to have been a new application, that abandoned the prior work going back to 2005 (again this is not unusual, so don't read too much into it).
I have not yet read the older apps, but they might reveal the first 12 abandoned claims in the newest app, and other details.
BUT WAIT!!! I just found the Oct 2, 2008 new application status (USPTO search engine was being anal!!!)
Filing date was May 7, 2008, pub date was Oct 2, 2008!!!
The new app number is: 12/116,319 and it takes a 2005 priority date all the way back to the original app.
I see a note that this application still claims priority date status back 2005. USPTO aslo shows current status as pending examination by a USPTO patent examiner (these guys at the USPTO are WAY behind, (ask me how I know) so 2 years sitting on a desk at the USPTO examiners office is nothing new).
So conclusion, they still have a valid patent application at the USPTO waiting for its turn to come up, for examination.
If you get board and want to read about the original abandoned app see these:
http://portal.uspto.gov/external/PA_PeaiPair/view/BrowsePdfServlet?objectId=FDRVJ5BQPPOPPY5&lang=DINO
If this next link works, it is a link to all the printable documents on the early history of the 05-08 patent application(s).
But you may need to log in first, then enter the http://portal.uspto.gov/external/portal/!ut/p/c5/04_SB8K8xLLM9MSSzPy8xBz9CP0os3h3cz9XEzcPIwMLvyALA08jF39LE2cjQwMLU6B8JG55dxNKdBuYEtAdDnItftvxyYPMB8kb4ACOBvp-Hvm5qfqR-lHmCFPcff3dgKa4ebh5BxgZG7gb6UfmpKYnJlfqF-SGRhhkBmQEOioqAgBVda8T/dl3/d3/L0lJSklna21DU1EhIS9JRGpBQU15QUJFUkNKRXFnLzRGR2dzbzBWdnphOUlBOW9JQSEhLzdfRzdORTRGSDIwR01PRjBJMkZIRktQMjMwRzIvOGxneU44NzEwMDAzMi9zYS5nZXRCaWI!/
This is where you log in and enter 11/560,374
then select "image file wrapper" to get the list of downloadable pdfs!!!
God I love the internet!!!!!! Could not do this online for free 10 years ago!!!
Anyway, there seems to be some real, long term effort at some patent protection here folks!!!!! That part is not a scam. I am not saying they will win a patent, or that if they do, it will be worth anything (another topic for another day), but there is a 5 year history of pursuing one for sure!!!!
When I get time to dig deeper I will post what I found, good or bad!
I am still long, and have an order in at .005 for more shares.
Let's keep in mind that although their sales and revenue is still pathetic, and they seem to be diluting shares to keep the doors open, they do have real reported sales, a web site, signs of some distributor activity online, some real advertising efforts, and a pending patent application, and they have some sort of property I keep hearing about, real land property. So this does not appear to me to be a total scam.
Jury is still out as to whether they will make it successful or eve survive so don't sell the house to invest here!!!! But I am taking some small risks on this one, simply because it could move up a good bit if some solid sales ever take hold (and I don't mean selling shares either!!!!! LOL, I mean the Intact products!!)
GLTA!!!!!
I quess if we are going to buy a stock that seems headed to 0, it is best to buy it at a new all time low, and prey (LOL, I did miss spell it) that it bounces before going lower so we can sell it.
I just keep forgetting to sell it, LOL.