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.
I've been elsewhere on the board for a couple weeks. So . . . .
Is Molen saying anything about anything? When he's yapping things get worse. When he's quiet they tend to get worser.
Anyone hear more questionable (if not empty) promises on the horizon? Gator, is anything simmering on the bio-char stove?
Loyal
Well, friends, I was about to suggest a word of consolation for the zoomer on our behalf. I mean, when a man has to eat crow for supper after a day like yesterday, you would think he'd be a bit more subdued the following morniing. But here he is again, spouting more of the same regurgitation.
Have a nice day, zoomed.
Loyal
On top of all his other malarkey, the zoomer has informed us that volume is low and price is dropping. May I encourage all my fellow traders and investors here to keep reading what the zoomer posts. He's making an imbecile of himself, but it makes for great humor.
Keep those posts rollin', zoomer. The wise will read whatever you say, . . . and then mostly do the opposite.
Loyal
learner,
According to what I read via the IRS, it is a legitimate tax deduction. In the 'purchased' part you just state when you bought it and the number of shares purchased. In the 'sold' portion you put the word 'zero' and take it as a loss. Perfectly legitimate. After all, it's a business venture that became a total loss, so it's deducted as a business expense.
Loyalhound
P.S. - - - Any accountants out there, correct me if I'm wrong.
chykick,
I hear ya, bro. The double r/s completely wiped me out. And on top of it all Snottrade charged me twenty bucks to tell me I was now at zero. Sign of the times. Oh well, ya live n' ya learn. Sometimes I gotta laugh at myself to keep from cryin'. At the end of the day --- my risk . . . my loss . . . my dumbness.
Hope you're doin' better elsewhere.
Loyal
Fondu,
You are correct. I may have overstated by using the word spiral. It just couldn't sustain life in the stratosphere back then.
But this time GRNH ain't just whistlin' Dixie. With today's harvest on the way, pretty soon I think we'll be walkin' in high cotton.
Loyal
While we enjoy this current run and compare it to the one back in January of 2014, let's be honest and not get too carried away. After all, I witnessed it first hand.
That spike to about $1.20 was very brief; it lasted less than a day before being carved up and sent spiraling downward.
Having said that, GRNH is in even much better shape than it was then concerning profits, stability, and expansion, all of which can be verified on paper. So this isn't just a quirky pump; it has all the earmarks of being the real deal. Mm's can always spear us little fish, but if the whales show up, they won't be able to harpoon them.
Loyalhound
An r/s of 1:2,000 on October 16. Now a second r/s at 1:1,500. So why does FINRA put up with this crap?
And my broker now charges me 20 bucks as a maintenance fee every time there's a reverse split. Anyone else get hit with this kind of shenanigans?
Loyal
Looks to me like a 'pimp n' crimp', my made-up term for a poor man's attempt at a pump n' dump.
Loyalhound
tommy,
Happy for ya through better investments. Truly.
With that many shares left, you must have really gotten burned with the r/s. I only lost about 800 bucks.
Did I say only?
Loyal
999,
Ah yes, what a wonderful table of ideas, bro. And Molen will set up some kind of contraption he owns that's ready to roll in full operation, and he'll lay out the national and overseas contracts he has signed and sealed. And don't forget his partners in the deal and the work force waiting to fire up the char pots and fill the storage areas and trucks and box cars.
As for the location of this year's upcoming open house, see Gator for full details. It'll be in western Virginia. He and his mate Joan can draw you a map on how to get to the open house. After all, Gator knows the site better than Molen does, since he was there more often last year than Molen was.
I just hope they don't drop the machine on some poor slob's foot when they move it into position like they did last year.
Boy, this'll be fun. Gator, you make your plane reservations yet?
Loyalhound
Hi, Tommy.
Yeah, they were the good old UTRM days, when we thought things had to get better and couldn't possibly get worse.
But they did. And here we sit in this outhouse, tryin' to crap our way out of it. Stock constipation really sucks, doesn't it?
Hope you're doin' better elsewhere.
Loyal
duck, what are you doin' here? I thought you went under the bridge when everyone was giving you flap over good ole James Wright. (Wonder what ever happened to him.)
Aw, shoot. Never mind. Most people here now wouldn't have a clue what I'm talkin' about. Anyway, with all the changes the only thing still constant is that this tub still sucks. Another name change, a r/s. But it's still the same loser it's always been.
Loyalhound
Been silent here for months. Just watching. However, I've bought and sold this baby a few times over the past four years, and I remember well the brief break into the stratosphere back in '14 that was cleverly engineered by the mm's.
Suffice to say that GRNH's fate to this day does not lie in the favorable charts or California news or even profits. Any one of those entities should have sent this thing skyward by now.
No, the unfortunate fact is that this stock is still under the full control of the mm's (though I personally think of them as mb's --- market breakers). When the investment firms let this thing alone to do what it should have been doing for months, then and only then will it run. Mm's will cause it to run or they'll continue to play their little games with it to the continued frustration of the longs.
Wish I were wrong, but I think not.
Loyalhound
P.S. - - - And, yes, I own some of it now. I wouldn't post if I didn't.
jjr,
By the way, I don't have PM and can't respond to it via that. But thanx for the info. It's much appreciated.
Loyal
jjr,
Oops, I stand corrected . . . in part. Not quite trips, so my bad. However, in January of 2013 it did bottom out at .0050 before taking off in short order. Check me out on that if you care to.
Still, it was a nice six-figure profit for whoever got in and out at the right times.
Hope '16 is a good year for ya.
Loyal
Don't want to pop anyone's bubble here; I'm just suspicious. Back in 2014 I saw this thing go from trip zeroes to a dime in almost the blink of an eye; that was in January. So, a thousand bucks would have turned into a cool 120 grand licketysplit. At that time it had been languishing badly and I was too gunshy to pull the trigger, so I missed the big money on it.
Naturally, that profit margin won't happen here, but for those who are all in, have at it and rake in what you can.
Just remember, this lady is fickle. She's like a black widow spider. She'll mate with ya. - - - - Then she'll kill ya.
Loyal
I sure hope you believers are spot on here. More than once this baby looked like a lover only to have the mm's dress it up as a call girl that was really a narc in disguise. Caveat emptor.
Loyal
How long before a bonafide breakout, some wonder? The answer is rather easy: When the investment firm market makers want it to happen and not before.
Given the news and progress by the company, in times of yore logic would have sent this thing skyrocketing quite a while ago. But for some selfish reason the mm's want to keep it at bay through constant manipulation.
So, I guess we'll see.
Loyal
Now that the smoke is clearing away and the dumping en masse is taking place, it should be obvious to all that this bunch of used car salesmen are doing what used car salesmen do best. It's likely that from the start they had no intention of building it, and we were never more than a means to a profitable end for those on the inside. Their predecessors were the same way, as were those who preceeded them. Such is the way of today's market . . . from top to bottom.
Loyalhound
bobby,
I'd like to be wrong about your belief here, but with Molen at the helm the floor will be exactly where it was on October 15, the day before the r/s. That's just the way this guy is and operates, and I'm sure you know all about a leopard and its spots.
Loyalhound
Wizard,
Where is MM going to find this machine he's going to deliver to Colorado? He has no machines, and I doubt Vance would go for a deal such as this.
Also, if by chance MM were to relocate such a machine from VA to Colorado, he would likely move it by covered wagon, so he could stall for the time he would need to fleece more investors.
Regrettably, I must say this is the Michael Molen we have all come to know and love these past few years.
Loyalhound
gadfly,
This man had no parents. Or, if he did, they likely won't admit to it.
Loyal
Just a thought:
Is this one of those hedge funds that is banking on the market tanking, so it can make a bundle on the crash? It's seems to rise and fall (stagnate, actually) in inverse proportion to the Dow.
Loyal
All I can say about the bunch running this company now is that I certainly wouldn't buy a used car from them.
Loyal
Concerning MarkR's #74362 post:
If Doug Vance opens up and talks to us through some format, then and only then will Molen's words contain even a smidgeon of validity.
But until Vance says something that concurs with Molen's claim, what MM put forth to the public recently is just another wad of fecal matter.
Michael Molen has a reputation that precedes him now, and it's that of a first class charlatan. And, lest anyone think I'm wrongfully bashing the man, be reminded that Michael the MoleMan has earned that reputation repeatedly with every bit of lying verbal vomit he spewed out of his mouth for a couple years now.
Loyal
P.S. - - - If by chance Molen reads this board, what I just said stays said, Michael. I would utter it face to face were I there. As the mafioso would say, 'You got a problem wit' dat?'
Dee,
Scotturd did much the same thing to me. 20 bucks to be exact. 20 dollars to enter a few keystrokes. Probably took them all of one and a half minutes to do it.
Loyal
truth,
Little late with this, but thanx, bro. Actually, nothing is working out for me at the moment. Manipulation all up and down the street.
Having said that, did this thing just r/s? Or is a market-breaker just playing another little game? .001 makes no sense, and I can't imagine it's some fool out there with a fat finger.
Loyal
Trail,
As I've seen all too often, eventually this thing will in time go back to precisely where it was on Thursday. As the mm's back this back down in increments, the herd will stampede to cut losses. Unless . . .
. . . unless Vega somehow manages to provide a product or service that brings in revenues. But we should not expect this, because Molen has no plan but to bilk remaining shareholders with timely dilution on his part. Mm's will also short this tub to make money on the downward drip, drip, drip.
Wish I could conjure up something more positive to say at this point.
Loyal
Michael Molen needs to learn a lesson in human behavior.
Where is ISIS when we need them?
Loyal
P.S. - - - If this gets deleted, I'll understand. I just figured I'd let anyone who gives a poop know what I think of this hack.
Shame on the bunch of us as a whole. We've become like a pack of wild dogs who were working to grab the same prey, but when the prey bobbed and weaved and eluded the pack, in their haste and foolishness the dogs ended up attacking each other in frustration.
Look at the posts and you'll see it plain as day. Michael Molen is the villain in this movie, and that's all there is to that. And as for James Gaspard, all along he's been the deaf mute who shadow boxed his way out of the picture.
In the end, Molen and Gaspard absconded with our money by diluting on the sly. Why anyone has praise for either is beyond me.
Loyal
Why would FINRA allow this thing to r/s when it hasn't proven there's even a half-assed reason to do so?
Loyal
truth,
Looks like it's graveyard dead to me. Nothing but zeroes, even though my holdings say it's still active. Have all insiders diluted all their shares and flown the coop?
Loyal
Restructure? How many times is this thing going to restructure? It's like trying to restructure the batter of a cake mix.
Oh, the games people play now
Every night and every day now,
Never mean what they say now,
Never sayin' what they mean.
Loyal
Michael has clearly shown himself to be an empty suit now. That is probably why he has issued no more empty promises since the o/h that I can recall.
Loyal
Still surprised we haven't gone grey before this.
Loyal
As non-productive as James Wright was --- including his empty promises --- we're no better off with this bunch. Just as one can't label an apple tree an apple tree till it produces fruit, one cannot say this is an up-and-coming stock. It has done nothing but go sideways since the takeover.
Rebuttal invited, but whoever does is spouting nothing more than conjecture. Tale of the tape.
Loyal
I'm hearing from here and there that FINRA is beginning to crack down on CEO's trying to pull off reverse splits, that it wants some validation showing accused shysters are not that they're labeled as such. If so, perhaps Molen has no more hole cards up his sleeve to play. All of which means he either has to show investors he's willing to straighten up and fly right, or . . . .
. . . . or go get a job at Wal-Mart slinging freight.
Loyal
Looks like we're pretty much holding serve these days. Should be soon time for a few service aces, which this stock has been known for more than once.
Loyal
So now we're weeks past the o/h. It appears Molen has no product, no sales, no contacts, no workforce, and no means to produce anything. Q is: What does he do now? Just fold up like a card table after fully diluting?
Anybody.
Loyal