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chevdawg, thanks. And I never said I control this stock. I did knock it down some the other day when I had to sell 100K shares in the first 15 minutes, but came here and told people so they would know what was up. It was just courtesy I figured.
Anyways, I've got some orders on the bid and lower so there ya go.
I traded out because my research told that there were at least a few weeks until they announce anything about the uplisting to the OTC.BB and I saw another opportunity which was shorter term.
I did find out that they were considering consolidating a few offices in the south to better accommodate economies of scale, and to let some poorer performing assets go. That tells me they're on track and have a longer term focus in mind, growing the business.
Now I don't think they'll be filing in a few weeks because these things always take time, but I think by late spring we'll hear some more on that front. Meanwhile my question was just to tell based on the charts what people who believe in that kind of thing would be doing. If there's a strong sell "signal" I'll wait to buy it lower, that's all.
Thanks again.
One more thing
I'm really not trying to bust bawls, but what is the chart currently telling you to do, buy? sell? hold? I see random noise, up a little down a little, up a little more, down a lot etc, but you all seem to see some magical formula in the picture.
Is NSMG currently getting ready to be worth more as a company based on what these lines are telling you?
thanks
my other trade was successful so I've got some reinvesting to do and if the chart is telling people to sell, heck I'll wait til it gets cheaper!
thanks a lot if you can shed some light on it for me...
I guess I just don't understand this, about the chart thing and telling me something. For example I called HQ and IR back in Jan, and asked about the businesses in Fla, and N.O, and Indiana. I then tracked down a couple of businesses that supplied National with materials for roofing and siding. They had some interesting things to say about how the last few years have been really slow in the winter months, but that they saw some increased orders coming and that the business was definitely picking up earlier than they had remembered.
Now, this tells me that the business of roofing and siding is doing great! Another phone call revealed that they were consolidating in Illinois and another revealed that the new CFO had great business experience and was formulating a plan for more expansion, more exposure in the home repair business.
I see more here about charts, and hurricanes, than about any business related posts.
I think they have a long way to go in the marketplace, a great future as a business consolidating a fragmented industry. A great growth industry as home prices increase people do more to maintain their own homes and improve them.
This company has a great future! Nothing in the stock chart can tell anyone anything about this....
Can someone please explain something to me?
I bought this stock after some fairly extensive DD. I called some suppliers, some contacts at the SEC, a few calls to IR, local branches in a few states, to see how business was going, how the new management team was performing, etc. I decided to buy based on the fundamental picture of the business and how it's going to be filing for an uplisting, to the OTC.BB and how their roofing and siding business is shaping up...
Yet the posters here seem to be very concerned when a hurricane is going to hit, and where. Is everyone just hoping to cash out at the very top when a hurricane forms or are people buying it for the business?
TIA
I love this board.
Thanks for all the information. Please keep it coming.
Of course it's true, I'm not a liar.
And FWIW, even that small order had to be moved to the ask to get filled. Even at .255 I couldn't get anyone to let go of 25,000 shares.
At the risk of being post-pulled yet again, my trading today has brought me full circle to NSMG. I've got just one more order to fill, and there has not been any success buying at the bid. Small orders, big orders, they all get dinged.
I've got a small one, still on the hopes that it'll fill, 250 at .24 with no luck for the last half hour at least....looks like the selloff might be done.
Both UERI and PDEI will have cleared all regulatory filings in the next 30 days.
OK peeps, if this one little thing doesn't happen, THEN will you sell?
Then again, common sense says that if your certificate is NOT at your broker's office, or in street name, you cannot sell at all until you return it to the broker/TA...
so dial wants you to hold your certs.
I bet he does!
Earnings announcement.
Great revenue increases. Costs also rising. Less net loss but forecasting similar net losses next year as well. Cash burn improving.
A few requests in private, along with the posts here, lead me to say that I hear things through the grapevine, yet don't want to be skewered when they turn out to be outright fabrications (told to me, I don't make stuff up out of the blue), exaggerations, pie in the sky wishful thinking, etc.
BUT for those who are thinking that bioneophyte has a point, the offering must have been widely oversub'd because of the huge premium they got on the price compared to trading before and obviously after. They were able to get larger investors to pony up for the larger positions that were sought after by both parties.
However I would rather not speculate/detail what I'm hearing per se, but suffice to say that the December PR where Joe announced (paraphrase) "with these results in hand we're now going to seek a buyer/partner for androxal" is probably more close to realization, (sooner rather than later) than most would think. I wouldn't quite go "imminent" yet, and that a worldwide partnership would not surprise me. They could likely get 50/50/20 for that part of their program alone, which would catapult the enterprise value alone to above $20. Why worldwide rather than just euro and wait? I think they want to sell the company by this time next year....getting another 50 Million in the bank, and 50 to come with milestones and a promise to the buyer of another 20% of revs androxal worldwide plus the entire Proellex program, I still think this one's worth north of 80.
It gets better and better with this one..
Grifco International, Inc. (Pink Sheets:GFCI) announced today that its Board of Directors has approved “go public” agreements with Universal Energy Resources, Inc. (“UERI”) and Precision Drilling & Exploration, Inc. (“PDEI”).
The agreements provide that upon going public UERI and PDEI are contractually obligated to enter into a share exchange with GFCI shareholders who have proof of physical ownership of GFCI shares as of a record date to be determined. The purpose of requiring proof of physical share ownership is to prevent “naked short sellers” from receiving any shares in either UERI or PDEI. As a result of the share exchange, GFCI shareholders will enjoy majority ownership of the new public companies.
Jim Dial, President of GFCI, stated, “This is consistent with our plan to create additional shareholder value for our shareholders. Both UERI and PDEI will have cleared all regulatory filings in the next 30 days. We expect both UERI and PDEI to commence trading shortly thereafter.”
This makes no sense at all and tells me that either jim dial has not once ounce of understanding on how the market works, or that he does but just wanted the flimsiest excuse to use the words "naked short sellers" in a PR to try ensnaring more people into this get shorty game he's playing or trying to play...
With a short sell, you sell shares in the hopes that it goes down, borrow them, and then buy them back later either higher or lower depending on the direction and success of your trade.
Now if I sell shares, don't own them, I'm surely not going to get a dividend, payment, shares or anything else. In fact I have to pay any dividends out to the people I sold the shares to, because the company pays the primary holder of the shares, leaving the secondary buyer (from my short sale) needing payment.
This statement makes no sense and if Jim Dial really had any idea that he was being naked shorted he'd understand the process.
Thus, there is no naked short excuse.
hey Bio!
Thanks for the kind words! You're the nicest guy! I swuanneee!
Anyhoo, that's was I WAS A HEARIN in the grapevine, but I mighta got pumped and dumped myself just like the other 3 million share buyers did on this secondary. ! SOOOOO, I'm the moderator, here, and I'll not pull your posts, because I got some mighty thick skin.
Take everything EVERYONE SAYS with a grain of salt, especially when there's MONEY INVOLVED! HA HA.
As for your A%* and my title, PULEASE don't let any of my patients hear you a sayin that! LOL.
If you care to e-mail me, I've got some insight into a few other things Repros.....bltiman@yahoo.com
Now be nice OK? After all, we're all just guessing to some degree, it is the stock market after all! (I'm taking a bath here too, I was 140% long including a large position on RPRX)
thanks and have a nice day
And no you're not banned, I like honesty. Just don't insult my mother, OK? Your opinions are welcome here.
this is all my opinion
The answer to your question is probably because of greed. Follow the money.
Who is the biggest shareholder of record? Jim Dial? Now, if you would have known that only people who certed shares would even have a chance to get the warrants, then they would have had a flulrry of shares being certed. PRobably in the neighborhood of 200 Million. Or more. Much more. That would be bad becuse it almost certainly owuld have resulted in costing grifco money from the TA, they would have had to share all the profits with warrant holders, and the true share count would have become known. If you cert shares and it turns out to be that 200 million or more stubs are ordered, it's kinda hard to claim a naked short position isn't it? So Ol jimmy pulls a fast one, yet again and only gives warrants to people who have certed their shares. Viola! It also serves to delay the crashing of grifco stock so that they can do more pipes, print and sell more shares, etc.
Now, there is another business bought and paid for, jim dial can declare bankruptcy with grifco, he owns the gas company and the drilling company, and whatever % of the profits he doesn't have to share with jarvis, BB, Lois, all the others who were in on it.
Jim owns the other company, and I would not be at all surprised to see this reed lawsuit end up in a BK announcement for grifco.
Poof, jim dial is no longer the CEO of a public company and "you guys" financed the whole project by buying grifco shares all along.
Didn't someone say a long time ago that Jim Dial was a mergers and acqusitions specialist?
Whats the best Acqisition there is? Buy a company for yourself with OTHER PEOPLES MONEY!
Woever talked you all into waiting to cert your shares, jim dial owes him a cheeseburger. I'm betting BB was against the whole "cert your shares" project wasn't he?
Hmmmmmmmmmmmmm
IN OTHER WORDS
THERE IS NO SHORT POSITION!!!!!!!!!!!!!!!!!!
y3 nmaxx
there's no greenshoe, the offering is closed, read the last PR, it's done.
Also read my post about how the offering works. The IB sold 3 million shares and were net short 400K. If the price would have gone up they would have bought from the company at $12.85 or whatevfer. IF the stock is below $12.85 they just cover in the OM...no need to buy diretly from the company, in fact if the price is $11.00 or less why on earth is someone going to buy from the company at $12.85?/
they[re not, IOW
there's not going to be any mention of the greenshoe (overalottment)
BBB: (and also Andy)
DO you now know why I asked this question from BBB?
Does he have warrants?
Do you?
What a freaking mess this is and BBB won't answer this question.
From the "O Brother Where art Thou" movie,
"I got to take care of me and mine and they got this depression on"
How to Receive Warrants
Shareholders of GFCI who have proof of physical ownership of shares as of the record date of December 25, 2006, should fax a copy of the front and back of their GFCI share certificate to 936-788-6667 before close of business on March 23, 2007 at 5:00 p.m. Conroe, TX time.
Nice! Jim Dial got you all. Give him more money or your antire investment is surely lost.
My advice? call your attorney and DO NOT GIVE JIM DIAL ANY MORE MONEY
Except you BBB, You're in the in crowd nnow, and you can just forget about all these people here who believed you and thought you'd look after them, it's only money after all right?
BBB answer the question please?
It's getting interesting over there at RB board.
Laserman just certed (allegedly) nine hundred thousand shares of GFCI.
Now, can you imagine that?
A million pieces of paper! That's probably like 6 UPs trucks!
LOL
this outta be good!
OT
for the reference and anti BS factor
sunterra snrr
just for you, soft
hey soft,
think what you want but my selling was all the price drop before 9:45
more than 3/4 the volume this AM during that time frame was me............
and that stuff about my not having a sharp pencil might be true, but not bc of this, I needed to take that position immediately and I couldn't wait until someone ponied up for 125 shares at 30 cents, that would have taken all day
I'll be happy to share that other position with you later and let you compare.....
thanks
fwiw didn't say bought all shares at bid, I just picked most of them up that way
also fwiw, I didn't have any trouble unloading the first 100K shares at .27 or better, so there was some good bid support. The last "few" I had to go to 22, so the depth wasn't that great.
BTW that's another reason why I don't trust or believe on charting stocks, one byer/seller can completely change the "picture" ..........................
Lest we hear about some conspiracy theories or the mean ol MM's shaking the tree, most of that early selling was me clearing up some buying power for another opportunity. I'm done selling and should be able to buy more in a few weeks.
Than again I like showing an early profit :)
Here's what I think;
I think that now is the time to buy this business, which is busily assembling a bunch of fragmented, locally owned and operated repair businesses. They are taking the steps to become more transparent, more legitimate, and IMO IMO IMO they are very close, from the conversations I have had during the last 2 weeks, from getting that filing and uplisting done.
Now, a trip to the OTCBB board isn't the golden key to the golden city. BUT it does mean that they are getting the appropriate steps in order. If they can make it to the bigger boards then a jump will be in order, on the magnitude of $5-7 when that happens. If we see a OTCBB announcement, we'll hit $2.50 at least, again IMO.
BTW it's nice to be back from the banished land.
Fridge doesn't like me so I'll have to play it cool.
what exactly does it explain tampatradr?
I'm curious
thanks
And it "Dr Bill" to you.
Andy?
I have been waiting to hear from you. I'll be happy to chat with you. Any time. I think it's scary and awful what's happening to an investment you once believed in.....and why it's happening.
Anyways, any time I'll arrange a conversation!
Andy,
You used the word libellous. Do you even know what that means, legally?
Did BBB get warrants? Traunches? The PR said that warrants would be delivered, right? Why is it such a bigbad question to ask? After all, the company pR'd that it would happen, right? Isn't the company supposed to do what it said it would do?
The fact that you're so upset that I asked the question is revealing about your true view of how they operate. I suggest that they did what they said they were going to do, and you're incredulous, even calling me a criminal!
Let me ask you one question:
The past 3-5 days have been all full of the company PR's about how some private venture "struck natural gas"
do you think that the market is so dumb not to to recognize the true meaning/wealth inherent in these PR's? Or do you think that the naked shorters are killing the momentum again?
Why don't you read theone111 questions on RB and really ask yourself if there's no other answer than the one that's insinusated there?
Why would Jim Dial, if he were on the up and up NOT ALLOW THE TRANSFER AGENT TO ANWER MY DIRECT QUESTION TO THEM OH SO LONG AGO ABOUT HOW MANY SHARES WERE OUTSTANDING???
why would every PR now say things like "private venture" "not encumbering the assets of grifco"?
IMO it means that he is telling the world right up and up, that there's no attachment, not any relationship in the slightest between the grifco company (what the shahreholders own, by buyingGFCI ) and the assets or gas produced in those wells.
What does it tell you about the situation that every PR now says the same thing about the assets of GFCI?
IMO it's the most honest thing we've seen in PR's from JD yet...
You may e-mail me at spinedr@charter.net and I'll be happy to reveal to you who I am and what my position is.
thanks
Andy,
I did not mean to, and did not, insinuate anything regarding bribes, malfeasance etc. In fact, any company can enter into any agreement with anyone, shareholder or not, and possibly BBB for his tireless work to get to the bottom of all of this was awarded a contract in lie of payment. Maybe if he certed his shares he was one of the few who are shareholders of record and he and the 13 people at the meeting were all that got the warrants.
In fact, if this is way out of line, I'll be the first to cheer BBB for answering honestly, and admit that my questions are way off base!
I'd be happy to hear from BBB on the matter.
No he did not get warrants.
Yes he did but so did X, X, and X.
He admitted to getting preferential treatment among all other longs by having the opp to sign and NDA and get a look at the insider information.
BBB can clear this all up, in a heartbeat.
Will he?
It's about time to buy camh for the long hold and the multiples, IMO.
$8 per share revisited?
Well, in the view of a warren buffet or charlie munger or ben graham, I sure hope it goes back to $8 per share because then I'm loading up the proverbial boat. Hell I'm loading a cargo container!
Ha
Hope you're saving up some dry powder for R. It seriously looks ready to fall off a cliff right now. Heck if I can buy in again at $8 I'm not going to cry about it.
Here's a question for BBB: I know you read this, so please try and answer honestly, ok?
BBB, I am aware that only a select few of the sharesholders got invites to the meeting in LasVeg. I also know that the same is probably true, of the warrants. I mean there's no way Jim Dial's going to go through all that work, to distribute wealth that he can legally slip through some "unencumbered" loophole, IMO. In fact I'm betting 1000:1 that this spinout/dividend is going to be just like the CTBG dividend, dead in the water with no mention ever again.....but the warrants are a different story. My questions is this; do you have warrants? Are you in on this gas deal with Jim Dial? What about all the other nice people here who believed your opulent stories of untold wealth just around the corner? Has the absence here been bred from some changes in your involvement with the company? I know you got more than 200thousand gambled on this one, and wouldn't blame you for jumping the shareholder ship to get on barod with ol' jimmy the gas well drilling man, but the people here who believed you deserve to konw the truth about where you stand with this company now.....
Just the truth BBB, that's all we want to know.
From RB board: "the one" is on a countdown, to switch over to the dark side. From loyal long with way too much money in this stock, to short selling/paid basher is just a sell button away...LOL
JD has had the ammo for the last year to bury the shorts of this stock. The concern I have is he has done nothing to counter the shorting and continues to do the same. My question is why! Why as a CEO would you allow anyone or group to destroy the share price? Why the indifference? Why turn down a $35-45 million dollar buyout and allow GFCI market cap go down to $3-5 million? Why defend against a hostile take-over of GFCI (by issuing yourself as CEO super voting power) when a hostile takeover would probably yield at least a $30-40 million buyout but allow the pps decline again to a market cap of $3-5 million. Why borrow money from REED and use 11,000,000 million shares as collateral that has a value at the time of .40-.50 per share or almost $5 million dollars when you could have sold 3 million shares and raised the entire amount with no debt? Why does the CEO not want the price to go up? Why hold back information that would support the stock and help the stock to go up? What does the CEO have to gain? Why the hold back on substantial PR'S? Who that is on the inside needs time to cover? Why does it take almost one year and counting to get the CTT dividend? Why at the shareholders meeting we were told that audits would be release as completed on each section of GFCI as they became available and now the shareholders have received nothing.
If anyone wants in under 50 they better get off their butts
I was going to keep this quiet while I bought shares, but it doesn't look like I'll be able to keep it quiet for long....
All my educated opinion, but from asking the right questions the OTC.BB listing is going to happen very very soon. This will likely cause the stock to double and then run, so we just might be looking at sitting at a dollar into June and a POP from there.
Plenty of time to still buy and not be chasing it into the 70 cent range when the news comes out.
This is all my opinion, but notice how much faster this has run into the new year? This is the company getting its act together and not being the typical pinky BS pumper, after all they said they would file, and they did. They said they would pay a dividend and they did. They said they would uplist and ___________.
I'm a very skeptical person, having been burned many times, and learned my lesson many times, but in all honesty I'm starting to get excited.......
rhino
with the listing to otcbb and the new management team this year from last, and the fact that there's not going to be 2 dud hurricane seasons in a row, we'll see $200 I'm almost sure of it.
Anyone watching this and trying to time an entry on a large pullback is going to end up biting the bullett and buying in the .5-.6 range in march-april.
Management is doing well and we'll see them get more exposure than ever this year. June 1 might bring a dollar, especially if the market overall sucks.
I'm just not counting on $5 but I'll take it!
I think charting is bS but I'm wondering what the chart is showing here bust out of curiousity!
rhino said it 6 posts ago.....
http://www.investorshub.com/boards/read_msg.asp?message_id=17487392
LOL weatherbill
I have never seen a stock repeat itself year over year and well, I'll not rain on your parade or anyone's here.
Hey I'd like to see $5 per share too.
This is just a pinky trade for me, but $5 would definitely move the needle a little on the old net worth.
LETS GO $5 per share!
brikk:
i have level II from AMTD and I have streaming charts, and I have a quote system and I never see my own bids even when they're 1.5 higher than the show bid.
I don't think there's any accurate stream for pinks, unfortunately.
I had an order of 50,000 on the bid at .24 for an hour and it wouldn't fill.
I backed off on the size and bid at .245 and it took about 10 minutes. Immediately there was another trade back down at .24 .
I expect a reset into the 40's here pretty soon.
pbgo you're going to wait for a while to buy a pullback IMO. This is the move and I wouldn't expect that it will wait till June to happen bigger. The pullback you'll buy is the one down to 40 from 55 IMO IMO IMO in march/april. Better to buy now. IMO
did anyone watch the walgreen's photoshop version of the pvc pipe and melissa etheridge singing that they posted on their PR?
WHAT A F'IN JOKE
I've half a mind to spend 60 bucks and re-create the whole deal!
This is surreal, a private venture trying to pump more people into buying a public company stock that cannot even complete a simple audit
I can just hear those negotiations now:
The Company is currently in negotiations with Grifco to "go public" and thereafter enter into a share exchange with the shareholders of Grifco in consideration of utilizing management expertise and know how.
Jim Dial looks in the mirror: "hiya Jim" "Hi yourself Jim" "So, Jim, you want to spin out these Universal assets to those pesky Grifco shareholders who have been calling you night and day for the last 2 years, threatening lawsuits, posting your personal information and cell phone number on various message board, calling you names like liar, scam artist, penny pumper?" "Well, now that you asked I really don't think that's going to work out" "OK Board votes NO"
Talk about arms length!