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yes I would Timorr, that would be a good sign. but why wait? the share price has retraced over 60% from it's recent high, some comforting words are in order. I think the fact that the Clipstream launch is theoretically imminent, but the short holdings haven't decreased is telling us that not everyone believes the timeline is accurate - a further delay will crush the share price, the CEO can't continuously go around telling investors that the launch will be a certain date, then keep delaying it - even Van said that in one issue of HTFBS, remember?
I own more than some of the Directors. I love the technology and think the management sucks, ok?
can you? if you put in an order for 1000 and could only buy 100 then demand was greater than supply. duh! price is supposed to go up if that's true - I suspect you're bid was too low.
so you're saying that demand is greater than supply and the price is going down?
"Destiny Media Technologies to Market Disruptive “Play Anywhere” Clipstream® Streaming Video Cloud Service at the Seattle Interactive Conference
October 15, 2013"
anybody see any follow up to this? I mean if they were actually going to market it, there might have been some sales. Or not - I think they're playing it far too close to the vest, too cute by a half.
If I understand you correctly, a "generic" tomorrow means some time in the future? Brilliant, Mr. Holmes!
yes, upon reconsideration, I'm happy that there is a marketing effort underway, so you are correct in that respect. I'm bothered by those who say that the launch would be today without any confirmation, I consider that pumping.
Z - it's a commercial posing as a television news story. Get it? It has minimal connection to objective reality - what is there to get excited about, do you think if the launch was going to be today that there would be no other mention anywhere? Like on the Destiny website, for example? It's a pump job, but believe it if you must.
never said any such thing, just pointed out that INO's is good, too, that in that regard it's apples to apples..
fair enough, in general, but INO has a serious pipeline.
I'm not a big t.a. guy, but the 50% re-tracement has meaning for a lot of people - some traders live there and just the fact that it's been breached will lead to selling for no other reason. yes, you would think that Asia would participate
look at what's been happening with INO (Roche), no guarantees.
looks oversold but chart not so good, retraced over 50%, techs bailing out.
It's interesting that iHub has always had XXII listed as a biotech, a field in which I have a little experience - you know that old expression that Wall Street takes your money and their experience and turns it into their money and your experience? So, if you take this as a biotech, it's very unusual that there hasn't been a crazy upside move based on its potential - it often happens, then a fall to earth, I had an interesting experience along those lines with OXBT a couple of weeks ago.
on St. John? Vegas not my bag, been crazy for decades, need some chilling out.
well then you should view it as a buying opportunity. all I'm saying is that without institutional foundation it's going to blow around in the wind for a little while. I have a bunch and am holding, but it seems that there's no rush to buy
there is no boogeyman. people are selling because when the CEO says it will take a quarter for the financial situation to settle down, money can be employed elsewhere. there is no doubt that this stock should be a big hit, but probably not for a while. they call it "smart" money for a reason.
right, CCI, but you may have missed or not understood "frontier" investments. these are the people taking the biggest chances, investing in emerging market debt, for instance. they have battalions of people scouring the internets for places to risk money because their clients equate big risk with big reward. not institutional investors in general, but these folks - I'd bet that their high-tech people know DSNY, in fact Fidelity owns over 1M shares, so how obscure are we actually talking.
During the last Conference Call, Steve mentioned an "avalanche of demand" and "hockey-stick revenue". If this is so, and I believe it is, what is a compelling reason to go to a conference in Dallas just days before Clipstream's expected release? Is there no one else at Destiny who has the skill set to fly there, make a speech and do a power-point presentation? Heck, I've seen Steve's presentation twice, I could do it, can't figure why the CEO needs to go at a critical time.
Thanks for the good wishes, TT, and good luck yourself. You seemed thrilled when your guys at XXII took on some seasoned pros for their company, but that's not going to work for Destiny, right?
I welcome all opinions, how much can they hurt? - the problem is that you're trying to set up a construct that denies others the right to express differing opinions, that you deem the writers to inherently lack worth and therefore have no standing if they disagree with you. It's a common rhetorical strategy, but is really off-topic.
I don't get the lemme=lemming reference, 'splain is what Ricky Ricardo used to say to Lucy on the old show back in the day.
I totally get that tweaking had to be done, not my point even remotely. My point is that he should not be making promises he might know cannot be fulfilled . No rush to market, but the about face on the timeline was a negative, bad optics at the least, possibly a turnoff for big investors - I don't see how you can dispute that.
I'm sure I don't know how you know that I've never invested in a company run by criminals - maybe you work for the NSA?
If I said Steve is bungling at DSNY, I don't see where - within the music industry, Destiny grossed less than Taylor Swift last year - it's completely legitimate to ask if success at that level automatically qualifies the CEO to run a large multi-media company, or if, maybe he could use some help. Your position, basically, is that just asking these questions is some sort of heresy, I don't agree. I'd completely welcome the outcome establishing him as a tech world giant.
Lemme 'splain my point, TT. As you know, Steve said at the CH investors' conference that the launch would be early, etc. and at the same time told that to investors in private meetings, as well - as was reported here by one correspondent in NYC and one in LA - that Clipstream was ready to go. Less than a week later the rollout was indefinitely postponed without explanation. This is unprofessional behavior - at best it demonstrates poor communications internally with the developers, at worst it's small time duplicitous. You may make up excuses for him as you please, I'd like him to tighten up his act - I don't see how an impartial observer could be impressed with this chain of events.
So far, Steve has proven he can successfully run a small business within the music industry. Is he up to the task of running a large media distribution company, one with a multi-billion dollar market cap? We shall see.
You know, TTommy, I think we'd all be better off if we could just think like you, but some of us aren't up to it, so go easy, will you?
Timorr, I don't think cheerleading is located exactly on the honesty / dishonesty axis. When Steve said at the CH conference that they were running ahead of schedule and Clipstream would be released in mid-October, that didn't make him dishonest, rather he was being optimistic, hoping for the best, trying to garner enthusiasm among potential investors, this is what CEOs do. Not to be confused with impartiality, however.
Well, he is friends with Steve, so maybe he was told something along those lines that you weren't? Do you not understand that part of the CEO's job is to talk up a company's products, outlook, and share price potential? To take a CEO's word as the signpost of an impartial prediction is naive .
Have you contacted Steve about this, it is good info - my cousin is equipped about like you are. It's possible that there's some variation from neighborhood to neighborhood depending on outside box condition, etc. I pay about the same amount and even the digital tv looks crappy.
Don't know what the speed is in Manhattan, I've put my cousin in touch with Steve and they're going back and forth. Time Warner is the worst, absolutely, free market not working too well in the metropolitan NYC area.
well if he can't get Time Warner in NYC or Comcast in Colorado to work right, he better have a large tech staff on hand.
from Manhattan (Time Warner), I received this e-mail from another DSNY investor, my cousin:
"so I went to one of these links, and watched the Thor trailer. no idea if I was
participating in the test or not. every once in awhile the streaming would stop.
and I couldn’t do fullscreen."
they might want to get the Time-Warner situation right, it covers the largest city in the US and is simply not working. can't do full screen with Thor and it keeps rebuffering
does anyone have an opinion as to why the ask price has been so consistently below the "last" price these past couple of days. is this the way the mms help the shorts cover?
Adobe recently launched its Creative Cloud and there are problems with it and Apple just launched its new Mac OS, Mavericks, and there are problems with it. I'm just wondering about this obsession with everything being flawless with Clipstream, has the perfect become the enemy of the good?
thanks for the report, it all sounds good. a drift southward while accompanied by no bad news is a buying opportunity.
timorr - this is like watching paint dry and no news whatsoever- it would be interesting to hear if the salespeople in Seattle were dealing with long lines of people anxious to learn more about Clipstream or if the response was muted. at $200+ per day for admission, not too many of the idly curious attended and are available to report, maybe one of Steve's regular correspondents heard something.
non-interesting non-action you mean. forward looking technical analysis is relevant only in a bubble - one Clipstream contract announcement and all of the elliott wave, and fibonacci and MA and what have you predictions will be completely undone. technical analysis is a bit like religion - those who believe in it have the faith and it works for them, but it doesn't add up to those who don't.
seems to me that you can look at this two ways. they might be manipulating the heck out of this for whatever reasons -shorts covering, institutional buying, you've heard it all before. or, investors are tired of Steve's regular postponements and are putting their money elsewhere until this party actually gets started - i'm still trying to understand why he announced at the CH conference that the launch would be mid-October, that they were ahead of schedule, then the next week announced a postponement
enough with the conferences and come-ons and sideshows. release the product, already, people in the business world are smart enough to figure out its capabilities on their own and will do so very quickly.
listen, I know most of you don't like what I post, but here I go again - if transcoding costs are overall about $1B -$2B a year, as has been estimated, then there are companies charging that much a year for transcoding and we're about to make that business go away. Anyone think they're going to go down without a fight?
you make an interesting point, but I'd like to reiterate something I posted a while ago. Bell was challenged over his patents for the telephone 62 times in court. How many times will Destiny be challenged, what will that cost, how big is the war chest? There's a chance this could get ugly, esp. if Clipstream is all that -it's the way the world works when huge money is at stake - good to have some cash on hand, that's all I ever meant.