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Same here. Not a happy camper, but holding.
Lucky what's gotten into you?
Go to all of Million's posts (Inops too)on other boards - each post is based on publically disclosed information from the company. His posts are backed up by press releases or information from the company website. What you are saying is slanderous. This thing is not over. THe NYSE could clear Gerova. I think you should consider very carefully what you post on a public board.
Oh. Dang...
Thx.
Looks like bashers, folks!
This is Gooood News!!!! As everybody knows, bashers only come around when they have reason to think a stock is about to take off like a meteor, and they do not want the stock to take off like a meteor. Welcome bashers, Welcome!!! :) :):)
(of course they may be shareholders but can't see shareholders doing anything to further hurt this stock, like posting graphs)Do your own research, Mr. Basher. Leaving for the night, Ta Ta
We longs may get the last laugh, though. Sometimes graphs don't tell the whole story. By the way, I like your golden sector thing at the bottom of your graph.
LOL - Hi PD, Hope you made some sort of profit or at least broke even. Only time will tell if the rest of us were foolish, it's not over till its over.
All best,
Oh Lawsy, Waiting4it, I don't practice it properly, not by a long shot - lol - and I'm embarrassed to have even written about it - I do so much slipping and sliding and struggling to get back up. But I do know that it works. And I do have a good feeling about fndm. :):)
Hi Fourkids, welcome to this board.
LOL I’m not making this stuff up though. I had not even had my limit of one half glass of wine when I wrote that. When I was on a plane flight in my early 20’s I sat next to a physicist who had known Einstein and had worked closely with Werner von Braun. He told me that it was difficult to observe the activity of subatomic particles because they were finding that the particle’s activity seemed to mirror the expectations of the observer. He felt that everything had a mental base and that the universe as we know it is the out-picturing of the collective mental realm. I thought then and I think now that there is something else, a proto-reality which lies beyond even the mental realm and is, for want of a better word, the spiritual, that which we need to anchor thought into. I’ll stop here, too off topic. Sorry. :) Probably going to get deleted again… :) :)
Ondariis, Good Friend, take a deep breath, close your eyes, and ask yourself if what you are experiencing now in regard to this investment is what you want to continue to experience.
Far be it for me to attempt to explain physics, but we are told that the theories of Relativity, Quantum Physics, and String Theory increasingly define thought, matter and energy as being differing forms of the same thing.
It is possible, perhaps, that if we have positive expectations and dwell on them, we lock into a dynamic that acts as a positive law of adjustment in our affairs – in this case hopefully either our finances in regard to this specific investment will adjust or our finances will adjust through other avenues, but our finances will adjust.
As far as FNDM is concerned, things may just be progressing beautifully, albeit unbeknownst to us!!! If this is so, we don’t want to throw a monkey wrench into things with negative labeling and expectations, yes?
My post from a few minutes ago was acerbic. My sincere apologies.
I agree, also agree about thinking positive thoughts, they tend to be reflected in our experience when we think them, although they may manifest in a different way from that which we might outline.
Will be away from my computer the rest of the day. FNDM and one other stock (other than GFC) are the first ones I check every time I return.
I called a few days ago, no answer. He has not returned my call -"CMA...herculean efforts? what happened? did you follow up and call him out?"
I just took a quick look at the Stockhouse board. The following post, which was originally on Ortsbo's Facebook page, caught my eye. I've put David Lucatch's response re proprietary rights to Ortsbo's technology in red.
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Stockhouse:
"....on facebook just now. Anyone else pick up on this ??????????? VERY interesting.
From Facebook:
"Ryan Smith: David, thank you for the response, I fully understand the product and haveused it many times. My girlfriend and her family are Croatian so it gaveme a great testing ground. I’m only concerned that Ortsbo is notproprietary technology, and ...doesnot hold a patent. Love the brand, love you as a CEO just hope we makeit to the finish line first. I know everyone is working hard as possibleand understand that deals are not put together overnight. I will be inToronto this week for PDAC and will dropping Ortsbo’s name to otherinvestors as well. Thank you Intertainment Media team for all the hardwork!See More
2 hours ago · LikeUnlike
David Lucatch: Ryan - who said it's not proprietary - they were wrong!"
#4408 Stockguard and other posts last night and this morning - great posts, thanks for sharing, everybody.
lol, was just kidding. Even a half glass of wine puts me to sleep, hate to think what hard liquor would do.
I just threw the liquor out.
and Fit,too, great post - I like Bob Marley
Great posts ino, doobs and up2tee
Great and solid posts, Up2tee. Thanks, although I must say, I've gone from wine to hard liquor in these past few days and I've started smoking cigarettes.
Hi Leafs007. I saw that. I just posted this in reply, on Stockhouse:
"I would like to offer a rebuttal. The other translator applications mentioned in your post have been around for awhile. Being the first, or the only, is not as important as being the most innovative. Have you ever heard of Archie, The Web Crawler - or Magellan, Excite, Northern Light, or Alta Vista?? They all preceded Yahoo, which preceded Google!! Yet it was Google which has been the most innovative search engine, and has had the most appeal.
Apart from being the most accurate translator out there and offering the largest number of languages and being usable on multiple platforms in real time - probably four words make Ortsbo stand out from the rest – “ease of use” and “innovative”. It is the only real time translator that is simple to use with no convoluted set-up required. It translates slang and will soon translate colloquialisms. In addition to being multi-platform, it is also multi-discipline. Ortsbo not only makes any chat box effortlessly universal, it will also soon have applications for gaming (think Blizzard) as well as email – and who knows what else is in the pipeline?
Look at the usage numbers and “likes” on Facebook. Something interesting has happened with Ortsbo. It has taken on a life of its own. You made the comment that being multi-platform did not matter. It may be, however, its most important quality. Because it is multi-platform and multi-discipline, it has become a thing in itself, with a name and a personality of its own! Ortsbo has become an entity – a cyber buddy that enables fun and meaningful and effortless communication across all social media, and soon – live gaming and email platforms. It has broad usage and appeal. It also has one heck of a CEO."
A quick aside, when I first mentioned fndm to my broker, he made an interesting remark. He said that it was ironic that he could not recommend it, the parent company, as an investment because of its OTC status – but that he placed people in its subs’ ETFs every day. FUND itself is solid as a rock because of its subs, which by Hlavsa’s admission, are doing great. If there are reversals in any fndm merger which was rumored/underway/fill-in-the-blank with Gerova, there will be someone else waiting in the wings and wanting this plum. I’m not worried about FNDM, Ondariis. FNDM will be snatched up by someone, and once on the big boards, we will take off. It’s just a matter of time, that’s all.
Same here. If they can lift themselves off of the OTC and onto a major US exchange, then they should not need to merge with anyone. But as long as they are OTC, the major US brokerages cannot recommend them to their clients, in fact, they are required to recommend against it. I opened an Ameritrade account to buy my later shares of fndm, but earlier shares had been bought through my broker at my request. Each time I received a letter from Wells Fargo Advisors' corporate office asking if this buy was solicited by my broker, and if it was, to contact them immediately. The letter always closed with a long dissertation on the risk of OTC stocks.
"CMA = ...accountancy?" lordy no, lol, I had just picked those letters out of the air for an alias. I Googled, just now, what it meant - until this moment, I had no idea that it meant a type of accountant!! Sorry, did not ever in any way intend to mislead. I'm not an accountant :)
Several of the press releases regarding Gerova have mentioned fund.com. That is why it is appropriate to mention them on this board.
Also lets remember the Kroll invetigation is underway on Gerova's behalf. They will surely uncover a lot of what's behind all of this.
The following was also posted on this board, here it is again...
Gerova Engages Kroll to Investigate Short Seller
Featured Stocks
GFC Gerova Financial Group HAMILTON, Bermuda, Jan 18, 2011 (PR Newswire Europe via COMTEX) -- Gerova Financial Group, Ltd. ("Gerova") (GFC), a diversified financial services company, said today that it has retained the services of Kroll, the leading global intelligence and risk analysis firm, to investigate possible market manipulation and collusion aimed at driving down the price of Gerova's stock. Gerova intends to make public the findings of the investigation.
At issue is a Jan. 10 document circulated by Dalrymple Financial LLC, which purports to be an "independent" and "impartial" investment advisory firm, but is merely a vehicle for a disinformation campaign orchestrated by Keith Dalrymple, a sometime securities analyst with a questionable regulatory background, according to Gerova. Other than the Gerova document, no other "reports" are available on the Dalrymple website.
The Dalrymple Document, printed and laid out to resemble a report by a reputable securities firm but offering no address or phone number and published on a website in Bulgaria with an anonymous owner, is replete with materially false information and reaches a series of speculative and unsupported conclusions aimed at damaging Gerova in the marketplace by driving down its stock price. Dalrymple's claims that the company has acquired overvalued assets are not true. On page 18 of the 19-page document, the author finally reveals his motive, disclosing that the firm has a short position in Gerova stock -- meaning it profits if the shares fall in value. The short interest in Gerova stock more than doubled during the first half of December.
Short selling is legal and can be a useful check on stock market excess, but if undertaken in tandem with the coordinated dissemination of false information it crosses the line into market manipulation. One of Kroll's tasks in its investigation will be to discover whether Dalrymple acted in concert with others to concoct or spread the falsehoods contained in the document. Gerova is already in possession of documentation regarding the participation of other parties in the dissemination of false and misleading information, including at least one convicted felon currently on federal supervised release stemming from a conviction for multi-million dollar bank fraud.
Dalrymple Finance LLC is managed by husband and wife team, Keith and Victoria Dalrymple. According to biographical information on the Dalrymple website, which is hosted in Eastern Europe, Keith Dalrymple was previously Director of Research at New York Global Securities, Inc. For two years in 2005 to 2007, coinciding with Dalrymple's employment, securities regulators at FINRA investigated New York Global Securities finding the brokerage firm responsible for various securities violations, including violations in connection with equity research published by New York Global Securities. FINRA regulators brought charges that, "[the] research reports violated NASD conduct rule 2711 governing the content and disclosures required for equity research reports, and NASD conduct rule 2210(D) governing content standard for communicating with the public. The firm failed to disclose its actual, material conflicts of interest as required by NASD Rule 2711(H)(1)(C) and the reports also violated other sections of NASD's research report rules." FINRA imposed a fine of $45,000 and ordered a six month suspension of the company in the publication of any further research. Keith Dalrymple no longer holds any securities licenses.
Awhile back somebody posted the news release on the counter suit being filed against Redhat's Szulik for his opposition to the buyout of IEAH by Gerova. ( http://www.drf.com/news/ieah-investor-focus-lawsuit )
Also posted was the actual multi-page court document available on the web. It had additional information that throws a lot of light on who appears to be behind all of this. I think it was posted about a month or so ago - Up2tee or Inopsy were they your posts?? I can't find them but I know they are here.
Lets not forget this suit. It's not just shorters wanting to destroy this company. Even from public information we can see that there is a lot going on and we are probably only seeing the tip of the iceberg. If GFC is clean they will surely come out on top of this.
lol, math never was my best subject
I agree we should all call and leave a message if there is no answer. This is painful to watch. For the record, I have not been one of the ones selling. I have about a $22,000 unrealized loss in fndm, and a lesser amount in Gerova, but it has been offset by unrealized gains in INT and elsewhere. I hope the same is true for everyone in that any potential losses are offset by gains elsewhere - and that if this does go under, that somehow and in some way everyone will recover through another investment or other means. I hope that these two companies, and we, pull through this. I suppose now we wait for the NYSE assessment of Gerova.
Super day here! Over an 11% gain for the day as I write this. Glad I've been adding to my position. Looks like we've left the bottom.
I'm putting the champaign back on ice.
Morrik, maybe your analogy will parallell the shorters, not the longs in this case.
If this company is clean, this is the best thing that could be happening IMHO. This will give them the time to put the facts before the NYSE and the public, and if the facts exonerate them, the recent shorting and media persecution can no longer affect the SP.
Better a NYSE assessment based on full disclosure from the company rather than continued media assessment based on (perhaps bias) investigative reporting. GFC will either fly if its clean or sink under its own weight if it’s not. I am also relieved to see this development. Decisive steps here.
NYSE Halts Trading in the Securities of Gerova Financial Group Ltd.
2/23/2011 6:37 PM - PR Newswire
HAMILTON, Bermuda, Feb. 23, 2011 /PRNewswire via COMTEX News Network/ --
Gerova Financial Group, Ltd. ("Gerova") (NYSE: GFC), a diversified financial services company, announced that the New York Stock Exchange, after discussions with the Company, elected to halt trading today pending the Company's disclosure of additional information relative to its operations, management restructuring and business plans.
Chief Financial Officer, Michael Hlavsa, stated, "After a discussion with the NYSE, we concur that the best decision was to halt the trading of our securities. The added time will enable the Company to disseminate to the market in an orderly way a comprehensive update on its recent developments and its strategic direction."
I know you are frustrated, there is not one person on this board who is not frustrated, but let’s not start accusing fellow board members of a pump. Surely all will work out in due time.
Ondariis, I really do not think that this has been a pump. At this point it does no good to debate that though. I'm just going to sit tight and expect this to work out.
Well, beginning last week I started buying more FNDM, I figured I needed to cost average down since I bought in last fall at about .12 pre-split.
Tell me now, what are we on this board going to do for intrigue and entertainment once things - whatever form they end up taking - are consumated??? :)
You know, if this works out it will be great, but if it doesn't, I am not going to let it undo me. We've all heard that the #1 rule in investing is to not put more into a stock than you can afford to loose. There have been things to come along with this company and the other one we've discussed which no one could have foreseen.
I sincerely hope that for everyone, the net bottom line from all invetments made in these past few months is a net positive balance. In my own case, there is another investment which I made soon afer this one and it is performing beyond my wildet dreams.I most likely would not have been led to the other investment were it not for this one, so I am very grateful for fndm and the person who introduced both.
I am still not convinced we will see loses with fndm in the end, but if we do, then it is just the risk we take in dealing with speculative stocks. I'm still not selling. Too much promise here, although the timeline may lengthen before we see any developments.