Semper Fi
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Roger that is excatly right. I've cost averaged down to about .05 so I'm elated about the news of 30mil per plant, thats more than it costs to build one I think. When I talked to the new PR guy Eric the other day, I started to think that ACG has ambitions for more just 3 plants....
Oh have you heard if any of our fellow chatters drive by the WI site? I'd like to know when the construction starts, I'd suspect soon with ACG on board.
Merry Christmas,
Joe
Those look like crosses to me. Hopefully the 3-4mil seller/shorter sold out of GETH because they hose'd everyone.
That seems to be a hard to understand concept for some.
Please refer to my valuation post about a month ago. It's spells out how I got to my determination but, GETH's valuation hit it at .71 to 1.70 per share....at the time they bought magic bright. Now I know the normal critics here will say something completly illogical as a rebuttal to my methods or my results. But the reality is I'm a finacial proffesional and "Valuation" methods are pretty standard.
I'm really excited about the next few months in GETH. What looks to have happened in the past 9-12 months is there was a major seller/shorter to the tune of 3-4 million shares. I would suspect that their sell off is over because the PPS has stopped falling. The seller might re-emerge after the PPS is over .10 and brokers can handle the stock again though, if their smart they wont sell below .10 again! This has been previously discussed on here also.
Public Relations and Shareholder Year-end update
http://greenenvirotech.com/holdings_news-ir.html
They got their financing!!!!!
besides the add I cant find much info to compare.
good point, but what kind of revenue would you guess a guy like machado could make now that his CO has a "agent" so to speak? Besides the add
I havent read any new press releases, but the info there seems to be current. It says " Through GSML’s acquisition of 51% of controlling interest of Warrior Entertainment Group, Inc. for 10,123,500 restricted shares of “GSML” helps reveal the company’s plan to create shareholder value. "
What do you think of the www.Stockpowertips.com info? Is the Warrior Ent. merger complete?
I understand your disgruntled because your not cost averaged as low as some of us, but the reality remains the same that once (or in your opinion "IF") the company gets current with its filings and aquires financing for 1-3 plants this co will be worth "in my Valuation of .70-1.70 PPS". By continuing to repeat your frustrations in the manner that you are without acknowledging the other FACTS about GETH's potential, it's Valuation, it's recent aquisition of a forign CO., it's professional associations, and contracted help, as well as the risks. Your discrediting yourself this Blog and frankly WASTING my time, talking to you!
It sounds like several posters here are under-informed. Please read some of the older posts and you'll read some of the common complaints, PPS Valuations, Gross Valuations and a Comparitve transation analisys. Along with some good discusions on relitive topics and their impact on GETH. Happy reading, and if you have any questions just ask Roger Wilco or myself and we'd be happy to calarify any questions we can.
That must be an old site, this is obviously a new site http://stockpowertips.com/ . Mabey they switched to a new server. Web hoasting has natorisouly bad customer service...lol
I just read it...I'm excited again!!!!
Has anyone seen this, It sounds like new information to me.... http://stockpowertips.com/
GETH, PPS Valuation is .71-1.70, Current PPS .017. Going to be huge. Turns Trash To Oil.....
$GETH, PPS Valuation .71-1.70, Current PPS .02 Count Down to Launch........Soon!
Depending on the source of your information, the funding you spoke of could be the big news I was told was comming. So a complete funding of the CA plant would be around 15mil according to an earlier post. If we're right about this we'll be sitting on some hefty profits by christmas...
So, if their is anyone who has lost faith in Gary and GETH...SELL, because I'm buying.
Your comment is very true Roger, PPS has gone from .10 to current over the 10-Q alone, imagine what kind of effect 10 or 20million in funding would have in upward pressure, we'd all be looking at .40-.50 PPS in 2 months or so. After .10 it will gain momentum quickly. Watch and see young Jedi.
Thats not a bad idea Roger. I'd have to contact Mosiac after talking to my partners. But I'll ask of everyone here to continue your support of this Co like you have been, and tell your friends about the possible oppurtunity here with GETH. And I'll do what I can. Also, mekemosabe new purchases at a price that works for you will allow you to continue cost averaging down from the .15 that you said you were at. On a larger scale a higher average volume would allow thoes who wanted out "NOW" to do so, this would cause share accumulition to rise and will attract new investors. Once thoes shares have been liquidated the PPS will start to rise. So when investors start to hit the Bid instead of owners filling the ask orders the PPS will start trending up.
The Low P/E CO's like the ones mentioned in the article are also not penny stocks. But, he mentioned nothing about "Low P/E", in the article he outlined the principles for Value Investing…. I understand that you invested a lot of money and the shares are currently down. But by contributing to negative pressure your hurting yourself. It sounds like you bought in as an IPO and now your riding it out.
I honestly believe GETH can be .70-1.70 by this time next year, and yes both the reporting issue and complete funding need to be addressed, but that’s a good enough return on a .008-.05 PPS for pennystock.com to tout their success, they claim an average of 70% return and highlights that range from 325% - 3500%. I think we’re sitting on one of those! I would contact the CO tell them my position in GETH, and ask if there is anything I can do to help. Or buy a block so I cost average down.
Low P/E Co’s are Co’s that often have negative cash flow, low earnings or no earnings…”distressed Co’s” & “startups ” typically with negative equity. Now an active management team “like Buffett’s”, find distressed Co’s with potential by analyzing P/E, PPS Valuations, Comparative Transaction Analysis…..exc of like companies. I have experience with buying those types of Co’s, like Buffett ;) I love the deals where my management team replaces theirs, because it can make a negative cash flow Co instantly profitable. But, those that pass the “test” are considered to have value. So “Value Investing” is a philosophy! Not only a philosophy, but it often converts to equity.
Based on my research of the three like Co’s that I’ve looked in to. The valuation hit’s GETH between $48Million to $114Million, and the 48 mil is before Magic Bright. Divide $48mil with 67 million shares fully diluted and you get $.71 PPS, and $114mil by 67mil and you get $1.70 PPS. This is my best guess, that why I’m so bullish about GETH. I’m not concerned with the 10-Q’s or 10-k’s because I’ve seen this a bunch of times. It looks to me like there are other things occurring that would prohibit the completion of it right now, it may be cash flow I don’t know for sure but I doubt it. Mosiac doesn’t take BS deals; I’ve dealt with them before and they are a successful legitimate large investment banking firm. There not going contract BS Co’s, it’s just not going to happen.
Well it looks like you've done your home work and have a little inside information. How long have you been balancing the check book? I've given the results to some common tools used by professional traders and have echoed the advice of Warren Buffett for Value Investing before the article I linked today was even written, as evidence by MY positions...we should be working together if your a long term investor or is your insight on the SHORT side?
Whats your proof? What kind of valuation have you done as a basis? They did announce earlier that they have $5,000,000 from 5 Stone, an operational plant in China and $28-40 Mil in revenue from Magic Bright ya know. Are you suggesting that the management is spending all that money on beer and hookers or something? I'm happy to entertain other peoples ideas gethfan, but it needs to make sence.
Warren Buffett Interview!!! This applies to the on going conversation here.
http://www.foxbusiness.com/investing/2011/09/01/what-it-takes-to-be-successful-value-investor/
Thats right and I'm waiting just like you...lol
Thats exactly what will help the PPS. Our problem with GETH's PPS has been overselling. My prelim PPS Valuation is at .87 per share and thats without Magic Bright, once the negitive pressure is off, everyone that cost averaged down or bought in cheap is going to make a lot of money...
Beer, Look at the stockcharts chart above and what do the charts that say "Strong Share Accumulation" mean to you?
Mekemosabe, look at todays chart for example around 12:30 there was a big sell off that drove the price down and then a spike back up with an overall high daily volume. Others think like me..."Buy it while it's cheap" and you will also Cost Average Down at the same time. A double win from my perspective.
We are all aware of your opinion on the 10Q Beer. And you missed the point of doing a Valuation on a company if you plan to be a mid to long term investor. In doing my valuations I always do a Comparitive Transaction Analsys after I get a sample of like CO's, it's only locigal. And Yes Beer...consider all SEC Filings, but thats just 2 parts of several, for doing ones DD. What this all boils down to is, "How much risk are you willing to accept for what you believe the potiential return will be?"
Every profesional trader will ask themselves this question in some form or another before investing, it's just how it works.
Based on the last three known transactions that I’m aware of the following multiples give a good idea of value and valuations of companies in the same space as GreenEnvirotech. The like industry companies, Republic Services Inc. acquired Allied Waste Industries on June 23, 2008, Sims Metal Management Ltd acquired Metal Management on September 24, 2007 and TPG Capital acquired Aleris International on August 8, 2006 for an average transaction value (in Mil.) of $5,609. The average Revenue, EBITDA, and Debt respectively is $3,937, $709, $3,510 for the three transactions. With the mean multipliers that these companies were acquired with factored in (0.8, 9.3, 4.4) to GET’s Proformas prior to the acquisition of Magic Bright. The averaged fair market value of equity is $48.8 Revenue, an EBITDA of $83.80 and Debt of $63.30. It’s my opinion that GETH is enormously undervalued and there remains huge potential for growth.
So to answer your question, yes I would! It's not all about Price Per Share when valuing a Co. It's about how the subject company is poised in comparison to like companies. This shows the potential and puts light on whether or not there is negative pressure on PPS.
The rumor cam from some associates of mine who are more in the know than I, is the easy answer. Although I sat down with a friend of mine yesterday and we did some financial analisis that I want to share for some feed back. I'm cleaning up the info and running it through Excel, I'll try to post it today...
Rumor has it that something big is comming soon, but I cant get what it is out of anyone.
Has anyone talked to Mosaic Fin yet. To see if they will mention anything about Fin prospects. I've been under the weather the last week and havent done much. I would really like some financing news, enough for a plant or two would be good.
I'm happy to share information as long as it dosent take me too long. So to help me out, what kind of background do you have? I dont want to inadvernatly talk down to you, if you have lots of experience.
I wish I could see more detailed information to satisfy my curiosity but I don’t have L3. But there is enough on L2 and the finra.org to know when it happens. Look at OTCBB L2 at the trades Vol.
Thats how I understand it.
GETH is set up for a A SHORT SQUEEZE
Source: "Shorting Stocks"
http://www.fool.com/FoolFAQ/FoolFAQ0033.htm
-I've heard the term "days to cover" thrown around quite a bit. Does "days to cover" have anything to do with short interest?
Yes, it does! Days to cover is a function of how many shares of a particular company have been sold short. It is calculated by dividing the number of shares sold short by the average daily trading volume.
-"A SHORT SQUEEZE" the nightmare of shorters in which someone starts buying up the shares and driving up the share price. This induces shorters to buy back their shares, which also drives up the price! A short days to cover means the short interest can be eliminated quickly, preventing a short squeeze from working very well.
-What effect does a large short coverage have (generally) on the stock`s price? Generally, heavy buying increases the price while selling decreases it. Assuming the stocks price has been steady, or climbing, and many shorters attempt to cover their losses, how will this affect the price?
-What you are referring to, in investment parlance, is a "short squeeze." When a number of short sellers all try to "cover" their short at the same time, that does indeed drive the stock up.
Thats on point Roger. The Agilix comparison that I think Beer made, is helpful in the aspect that Kliner Perkins loaned them 22 mil about 6mo ago from their Green fund. So that just proves funding is avalible. But from personal experience, funding in that range takes time with all the reviews and boards that have to happen. I would even go as for to say that the move to Pinks will work in their favor with Investment Bankers. I dont think Financing will be as challenging as expected. They need a good "consultant" to find it for them. The CEO is a Plastics man not a Finance man......I assume Mosiac Cap is doing that for them right now!
Yes 20,000 short on Fri, almost 300k on Thu. If you want a todate follow Fri's link and add up as many days as you like.
Fri's Short Report (GETH)(20,000)
http://regsho.finra.org/regsho-Index.html
20111007|GETH|20000|0|44650|O
The obvious short positions are causing the downward pressure on the PPS. I've spoke with the CO again today and I still feel confidant about their progress. So much so that I'm cost averaging down and will continue to do so. To all disbelievers call the CO and express your consirns to someone that can answer your questions.