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.
take a deep breath and re-read the article. he's citing stuff from 2011 & 2012, anonymous tweeters, etc., a standard hit job. smart money is buying.
someone, in addition to you, is buying a metric ton of this stuff. a very interesting time....
Have you not seen the volume the past few days? There is plenty of buying going on. If you can't acknowledge that progress has been made, and is obvious, then we have unreconcilable differences about this, we'll have to agree to disagree.
not true, I let my subscription lapse in January because I have different interests. tried it for a year, didn't see the point of continuing. maybe you should re-read what they were saying about Destiny 6 months ago, if that wasn't pumping nothing is - I'm sure the subs that bought in then are not such happy campers. The technology is not so disruptive anymore? The genius, most ethical management has changed? Heck, when the r.s. vote was announced in mid-Jan, 2014, HTFBS was over the top enthusiastic about what was upcoming. What's changed? No huge contract (announced) within 3 months of Clipstream 2's release?
I'm not going to defend Steve's overstatements, they've cost me. But, realistically, how long did you think it should take to announce a contract after launch? Couldn't you and they have waited a quarter, 3 months, to see if there would be an announcement? The fact is, that of all of the things that HTFBS used to love about Destiny, nothing's changed, zero, plus there has been considerable progress, i.e., the number of survey firms using Clipstream & the patent situation. They were either just impatient or nefarious - Van's not going to tank anything until his position is set somewhere else.
I have no idea, but printing an internet rumor without waiting for verification speaks volumes.
Right, HTFBS was so cautious that they were trumpeting the presence of the newsletter on the DSNY website not long ago. Steve has been guilty of building up investor expectations, for sure, but I submit that HTFBS is at least equally guilty of same. When they were pumping DSNY any mention here of any negatives were met with immediate, concerted, personal attacks - HTFBS expected a contract instantly, no matter what, now they need to move on to other shiny objects to make the subs believe they're getting their money's worth.
FT - the activity of the past few days has pretty much changed my mind. You couldn't really be sure before but we've been seeing a concerted attack leading into the Meeting next week and there's almost no other conclusion - that being said, there is a possibility that some institutions are working with their mm's to drive price down in order to make large buys at lesser prices, but the effect is the same. The entities, whoever they are, are firing on all cylinders trying to get this baby down one last time, while it can still be so easily manipulated. If you spend some time in the baby biotech world with me, you'd see this all of the time - that being said, make no mistake that the timing of the HTFBS withdrawal is very much suspect, along with the trash written in today's S.A.
you understand that one of the fee structures for posters like this is number of responses? if nobody responds, he goes on to the next thing.
this guy's short - any opinions? I see some of his 'research" is from 2012 and 2011:
http://seekingalpha.com/article/2027301-destiny-medias-problem-child?source=email_rt_article_readmore&uprof=45
Right, I was very critical, but as a share holder. I don't go on boards of stocks I don't own and bash management as you do. I might read other boards as some sort of lazy research, but I'm not going to say anything to try to influence those share prices. You do - see the difference?
How long should it take to develop software, release it, work out the kinks, get it to market, and start an ad campaign? Clipstream was released about 3 months ago, should this stuff have been done already? I've never been involved with something like this, investing in a start-up software company, but maybe someone else knows. Is this taking too long relative to other software releases? Is each case unique or is there a norm? The HTFBS people seem to have been working off of a metric I don't understand relative to the time frame. Anybody? I know about promises in the past, am down as a result, but this is now.
He's currently getting the job done within the parameters of what was promised at the outset. Can he get it to the level beyond that - ensuring us all insane riches - don't know, let's take one step at a time and see what happens. We can always go back to calling for his head if progress stalls, but now I'm giving him the benefit of the doubt. I have not reversed course, I still demand professionalism, but from the progress that's currently apparent, I think the stock is very undervalued. Look at the volume and the quality of bashing going on around here, I'm not the only one thinking that.
FT - the only way to survive in this racket is to change as the facts on the ground change. the facts on the ground have changed here, significantly.
Atlanta - I don't subscribe to PM, but I received an almost identical message today in answer to my query.
Way overdone, someone (thing) is getting a lot of cheap shares, while the sheep are paralyzed with unreasonable fear.
well, someone's buying, no? adventurous readers might want to check the iHub boards for NEOM from about 5 years ago to see what MAY have been a part of the sell-off. You'll know what you're looking for when you see it.
so, explain your thinking, if you don't mind. I can't find any bad news about Clipstream, Destiny, etc., is this massive sell off due to impatient investors who expected a contract announcement more quickly (which is how I'm inclined to think of it)? Or, is it something else, I'm not seeing - Clipstream doesn't work, no one needs it, etc. The action last week looked like a classic bear raid, of the type we often see in the biotech world - a poorly sourced article (intentional or not), coordinated with dubious internet rumors leads to a stampede to the exits. It's usually done for a reason, most often to give various funds a chance to enter a less expensive position, and we did see massive buying, as well as selling. Which, when it occurs in a good company, usually ends with a rebound back to original prices, more or less, without any additional or specifically positive news. As I've mentioned previously, the almost exact same thing happened with both PVCT and INO over the last few months.
no worries, it happens all of the time, I'm very underestimatable.
fair enough points, I still think it's a tiny bit, at least, weird, to post on the board of a stock you don't own, esp. when the posts are relentlessly negative. as to the r.s., I think I've figured it out: either it will occur or it won't - if it does, it will either be a good thing or not, and if it doesn't, that will also be either a good thing or not. I believe you're correct to think there's an underlying strategy, we're dealing with engineers, after all.
So, Rich, you've written here on a number of occasions that you're no longer a holder of DSNY, which is curious. Are there many boards you post on of stocks you no longer own? I'm not going to say this is necessarily strange behavior, so what is it, if you don't mind my asking, that prompts this, maybe nostalgia? concern for the common good? I expect we should be grateful that you take the time to warn us of the dangers involved in a stock that doesn't actually concern you.
How insightful! Now one can much more easily understand how you've amassed 2500 shares of DSNY. Be honest, did you make that money yourself or did you inherit?
I would only be a basher if I could be a good one and I'm not clever enough for that.. There was a lot more urgency for the company to produce when the share price was more like 2.50, to sustain that level, that's when I peaked at my disillusionment with management. Now we are at a much more "organic" price - the self-styled "playahs" have pretty much bailed and progress is there to be seen. I'm down a bundle here, but believe I'm seeing a way forward.
WTF back at ya'. A couple of days ago you posted a list of 50 or so market survey firms now doing business with Destiny. Today you applaud some crazed rant that claims Destiny has no contracts and there have been no third party reviews. No one has been harder on Destiny management than I, but you guys are not seeing the forest for the trees - in a free market, those 50 companies very much represent third party reviews and obviously they are not getting this service for free, I don't believe the company should be expected to announce contracts in order to comply with your timelines.
My belief is that unvetted rumor was posted exactly to help drive share price down.
Look around, I see good developments on the patent front. Look at the crawl at the bottom of the page that shows all of the market survey firms working with Destiny - some are surely paying, which=revenue, which = profit. Lastly, look at the much higher level bashers on the scene now. If you spend enough time in the biotech space, you see this all of the time. Huge accumulation in anticipation, I refer to similar incidents involving INO and PVCT over the past few months.
Google and read about them - they own 400,000 shares
I think the situation lacks the immediacy you describe. This is a (too) patient group - if there's good news and share price starts moving steadily up, they will be fine, they're all getting rich. Plus I don't think Marathon Capital got ut completely wrong
Please, you demean the conversation
RS will not happen, it's a black flag operation designed to shake out (supposed) shorts. News from general meeting will be good, as will next CC, share price will take care of itself. There was an attack on the stock the other day for a reason.
which was basically my earlier point, just that you can't tell
I also had a post removed that was slightly critical of HTFBS
Van went from having his newsletter on the Destiny web site to virtually disowning the company in what, like 8 weeks, after owning shares for maybe at least 2 years? How is that even possible?
FT - can you fill me in? For what reason should the company go after him?
100% about the newsletter people. they most recently pumped big time when the possible r.s. was announced, now they are nowhere to be found. used to be they were the ones jumping down anyone's throat who criticized the company or management, now, not so much.
not trying to be disputatious, but could you explain the math that leads to a share price of $1.00 based on MPE revenue? thanks.
Yes, hope springs eternal, "wait till next year!"
good luck, I would like nothing better than for you to do well by them
that many? maybe including Van's holdings. hard to tell, everyone sort of talks up the amount of their holdings in these kind of forums.
I think it's a mistake to put too much emphasis on the HTFBS crowd. I don't think there are that many of them and I don't think they control vast amounts of stock. There are many Vans out there, all with different metrics for selection and all touting great successes. Someone here mentioned Bowser, there's Dr. Pasternak, etc., I get pop up ads all of the time from services along these lines.