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RG i have had the same thought!
It is time to bring these false and unsupportable claims of manipulation to the attention of Aimee and Stewart along with the other board members and publicists. I am reasonably certain that when they review these false claims and realize the blatant spamming on various discussion and bulletin boards is harming CAPC's reputation they will wish to take some counter action to protect their shareholders.
I don't know about that mikeknowsrunners
It's probable that "we"are going somewhere!
There is still room left on the downside for increased losses. .
Could that be where CAPC is headed with the flight of those "strong hands" like StrategicStocks leading the way?
Have you noticed how many other longs are fleeing this circus in April?
Buchro - Let me echo "Great Post" !!!
But don't expect a sentient response because there is ample evidence as to how this doesn't occur.
That was a nicely balanced summation Buchro, Thanks
Uranium you well know you can't prove a negative.
Those flooding the board with false unprovable claims of manipulation(?) are actually themselves the ones raising suspicion and doubt that the stock is being correctly administered.
Unfortunately, but sadly, probably quite accurate.
Thank Heaven we have been warned repeated by posts from those who really know stocks.
You mean those dirty phantasmagoric CAPC manipulators?
Those that caused CAPC to touch a new one year low today?
Pure Gibberish - How is this "manipulation" accomplished?
Again, who do you think is manipulating CAPC stock and exactly how are they accomplishing this????
(You might note that at 1400 hours today with above average trading, Sells were again outpacing Buys at a ratio of 4:1.)
Manipulators? give us a break!
You posted no proof of downward manipulation.
It appears that you can not answer the question posed by RG.
CAPC has fallen over an entire year. Manipulation! That's absurd.
Uranium you're right I owe you a thousand apologies.
How could I let CAPC float such a fat delicious slow ball past me without my taking an immediate swing at it, and you obviously guessed what I was going to say, so here it is:
Can you believe Capstone has the temerity to release "earnings" on (ta-da)
APRIL FOOLS DAY!!!
Well at least "U" we will finally get some news, late as it may be, that we have both been jonesing for, ne c'est pas?
Good post RG and an amusing question.
I strongly disagree with your post!
Short Sellers have made out like bandits over the past year and particularly over the past few weeks while Loyal Longs have been Losing Their Assets. It is the poor longs that have been trapped and seriously injured.
And if by "no selling" you are referring some particular group then please make it clear because otherwise this post is false and misleading.
Mike, if there there is no supply or demand
as you categorically stated today. Would you not agree that this would be a more palatable explanation of the the devastating free fall of CAPC stock than an unsubstantiated theory involving price fixing?
I know I would.
Uranium, could you clarify something?
Over two weeks ago you posted ""...inventories are now available and orders being shipped"
But how does this Jibe with Mikeknowsrunners post of today which stated "There is no supply" ?
Or with his next line which stated: "Once the demand comes ....."
So on the one hand we hear inventories are available and being shipped while on the other hand we learn there is no supply and no present demand???
Still other earlier posts from the company and others have indicated the presence of advance orders.
I cannot reconcile these completely contradictory outlooks - I would appreciate some clarification - Thanks
Once again an erroneous, non-supportable post!
Truth: the stock has fallen based on its own merits, or lack thereof.
Not from "manipulation"
If you wish to continue please provide us with some supporting data, specifically what nefarious individual or group would benefit from such action(s).
But lease don't bother blaming some mysterious secret cabal of shorts without first referencing "days to cover" on that subject.
Looking forward to your reply
"No one is selling"???
That statement is FALSE!
Of course people are selling, the stock is in a virtual freefall and has been for over a year!
(Again today there was a significant drop in the share price as people selling the stock dropped the price by another 9.97%)
Of course "Longs own all the shares"
By definition, Anyone who owns shares in a stock is "long"
What is your point?
$100 credit toward buying this thing?
Oh well. Hope Springs Eternal.
,
Maybe they'll get some nibbles.(But better carefully read the so-called return policy)
Buchro, that was an excellent summary!
I hope everyone will read and understand the points you covered and see how they relate to the present CAPC situation.
Sorry TB, that response ignored my question.
No problem, it was an embarrassing question and I really don't think anyone would want it linked to the loss of the actual reasonably priced line of credit that Capstone lost through its own ineptitude.
It will be fun though to see the details of the insider loan.
TB, What vigorish will they be paying
(themselves) for bailing Capstone out of this latest failure to generate even enough revenue to cover operating expenses?
What is your opinion "U" as to why
five days after the announcement of the first shipment being underway have we had two consecutive days of such high volume losses?
Do you feel that the additional shipment news will staunch the bleeding?
Do you have any opinion on their admission they were unable to pay for the shipment(s) without having to borrow the money to do so is affecting the current decline?
I must admit I am certainly baffled by the virulence of the decline.
The CAPC decline has no relation to "shorting".
There are no appreciable outstanding CAPC shorts.
"Days to Cover" CAPC shorts is currently shown as "0"!
This means any current CAPC shorts could be covered within one day, and using todays volume, in perhaps five minutes.
Also there is no secret cabal of clandestine shorters on some imaginary "dark web" trading site.
Capstone hit a sad 12 month low today!
(Does anyone find that humorous?)
TB, the CAPC twitter release does appear legitimate.
It raises the question as to why such news was not immediately directly released to shareholders via Aimee and/or the company website?
Then post a legitimate confirming news source!
The twitter post does not stand by itself as being either accurate or truthful and repeating it will not cure that defect.
TB, please reference a legitimate CAPC release!
Did Capstone actually confirm shipment of 1000 mirrors
Falsified twitter posts have been used before in apparent attempts to influence the pps.
You will find an almost identical example in post #80086 which turned out to be false,
Hey, here's a thought -
Activist investor is said to call on Peloton to fire CEO, put itself up for sale
Well researched response Uranium!
Naturally it raises some more questions because this is a complex subject subject, to wit:
Given the fragility of the contents, to what height can they be stacked safely?
However a different tack entirely; does it make sense to ship 20 lbs of glass one-way mirrors which could be cheaply bought Stateside and then "wedded" to the lightweight imported guts, essentially equivalent to a tablet? Savings?, pro or con?
Sorry, but I still feel that the present problems are indicative of a lack of marketingacumen (not to be confused with sale experience.
Uranium, If you brand Flp's container information "false"
It would appear that you have information to correct the error.
Please show your information as shipping expense is a factor in determining the profitability in shipping this heavy piece of glass half way around the world, as we would all agree.
What does "churning nicely" mean. Explain your post.
CAPC was off nearly 7% today. How did this relate to CAPC's action?
Personably, I see nothing nice about todays performance.
Capstone Stays the Course and Attends CES 2022
News article today on Business Wire.
Here is more info on the trademark
(Note that this is a trademark and not a patent. Also note the dates.)
Goods and Services IC 020. US 002 013 022 025 032 050. G & S: Decorative mirrors
Mark Drawing Code (3) DESIGN PLUS WORDS, LETTERS, AND/OR NUMBERS
Design Search Code 26.07.03 - Diamonds, incomplete or divided in the middle ; Incomplete diamonds or divided in the middle
26.07.28 - Diamond shapes (miscellaneous overall shape) ; Miscellaneous designs with overall diamond shape, including letters forming or comprising a diamond
27.03.01 - Geometric figures forming letters, numerals or punctuation
Serial Number 90286667
Filing Date October 29, 2020
Current Basis 1B
Original Filing Basis 1B
Published for Opposition May 11, 2021
Owner (APPLICANT) Capstone Industries, Inc. CORPORATION FLORIDA Suite 200 431 Fairway Drive Deerfield Beach FLORIDA 33441
Disclaimer NO CLAIM IS MADE TO THE EXCLUSIVE RIGHT TO USE "THIN" APART FROM THE MARK AS SHOWN
Description of Mark The mark consists of a stylized design of an incomplete diamond shape that features a "T" shape at its center. Directly below the design are the words "Thin Cast".
Type of Mark TRADEMARK
Register PRINCIPAL
Live/Dead Indicator LIVE
Excellent post Mike, I agree 100%!
The constant use by Capstone of the very serious Covid Pandemic that has devastated millions worldwide to excuse their inability to produce a marketable product over a period of time that extends years before the virus is not only transparent, but shameful.
Thank you for pointing this our for all to see! Now, as you said, the mirror will have to depend on its own merits as it is finally available?
Right RG, and that raises a question.
If CAPC is really so undervalued why aren't people flocking to take advantage of this bottom floor situation and buying like crazy to position themselves to take advantage of those huge pps increases that we have been told ad nauseum are coming so "sooooon"?
Wrong Mike, many of us really know why.
Littlebank has served as a convenient distraction to the litany of failed managerial decisions and performance which have devastated confidence in CAPC. Of course you can add that perennial favorite "Covid" which apparently has been affecting CAPC's ability to bring the miraculous Mirror to market for years before Covid was discovered! And don't forget those nasty villains who caused untold delay by refusing to certify the devices simply because, well gee, CAPC hadn't applied for certification until a few weeks before because apparently they were fumbling and stumbling around trying to come up an eligible product after four years of trying!
And this train wreck is also being caused by "year end tax sellers"??? You mean those looking for some tax losses to write off against their gains in real stocks that soared during 2021. CAPC is ideal loss material!
It was generally hard hard to lose money on investments this past year unless you were one of those suckered into buying some penny stock that was being deliberately manipulated by a handful of newbie "investors" whose instant insight transcended the accumulated experience and knowledge of long-time shareholders.
Afraid I consider your reply a non sequitur
Of course the many CAPC holders who have been here for years have watched the machinations that have led to the vast holdings of certain CAPC directors. There is no need to be reminded ad nauseum.
Of course CAPC management want the price higher but wanting this to be so while simultaneously shooting themselves in the corporate foot is not conducive to making it occur.
We are seeing the imminent end of the 4th quarter facing still another loss and even if the trend is reversed in early 2022 there will be no audited results available to shareholders until months later in May of 2022!
So how bad have the business decision been? Looks like we will still not have any definite answer "soon"
Amusingly Mike, Managerial incompetency precluded "Taking on Debt"
Fumbling and bumbling for four years trying to bring a product to market consisting of a not-too-smart tablet behind glass resulted in a loss of a the credit rating which would allow them to take on debt that wasn't usurious.
Perhaps Capstone should adopt as a slogan the wisdom of Pogo, our South Georgia swamp dweller, who famously proclaimed:
"We has met the enemy and he is us!"
Wallach did friends and family a favor
at the expense of loyal minority shareholders.
Far from having having "executed perfectly" the company has a dreary litany of failed products and projects culminating in the present mirror offering.
Otherwise I agree with your analysis.
Agreed "U" and if only one thing seems certain
It's that the wait should be a lot shorter than it has been!
Ojalá!