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What if vcty were to pull out all the stops. Like uplisting to otcbb, pinksheets current, audited financials,share buyback,share reduction,proceeds from evdr sale,distribution of remaining evdr shares to current vcty shareholders as dividend, EVDR uplisting to a higher exchange. I am guessing some or all of this will happen before october. TJ managements shares are almost due. jmho
I am fed up with vcty's petty games and ongoing failed promises. I will hold but I agree way to much bs going on behind the scenes. I have no choice but to hold.
Can you prove it was a scam
what a mess lyg is worth way more than this
That is so dirty on moodys behalf they are like a bunch of puppet vampires. I guess if you own them you control them and lots of others. Nbg is here to stay people just do not realize this yet.
pit trading is dangerous, it is better to be late to the party then early to a funeral. That is what I have learned and It is usually right.
I am not saying to sell just take a look at the facts, and outstanding share count, and shareholder equity of the company. Watch out for prolonged downtrends they are usually a signal.
looking out for others well being But it does not always look like It. Averaging down is good but try keeping exposure to one company to about %10 of the portfolio.jmho
Please do not go all in people should help and they are abandoning ship be careful
Actually I was pretty impressed with the chinese factory. I wish we had more of that here in america.
They could care less, they are doing bigger things and have government contracts. The only thing they have to worry about is government funding running out or getting cut. If they are losing cash they will subsidize the company, or look for financing partners, or merge.
Can you prove billions of shares are being dumped.
What i am trying to say is I think tytan might be buying from a company like this. Click on tractor, go over to the right to products, then click on tractors again the one with the minus sign in front. LOOK
I found a company that sort of looks like tytan tractors, Shandong Weituo Group Co. they are not doing that bad.
Undercutting the competition is the only way to insure profitability in our current economic downturn. Quality products are always going to beat the competition when it comes to heavy machinery. Its like buying a saturn to race at la mans it will not happen.
yeah grab some more shares of the already declining company with 1.4billion shares outstanding
IT does show a tytan forklift in the update but they might have needed a cat to lift the heavy stuff
TYTN does not make forklifts are u sure im almost positive i saw some
IS the yellow forklift a cat it sure looks like it shouldn't it be a tytan go figure
what is that yellow forklift is that a cat
Shipped and received is not sold. like i said before tytan needs a major rental company to get onboard.
But Tytan's sales were down in 2010, not a good sign especially for a sub penny stock with a tremendous amount of outstanding shares.
HERE is a list of companies TYTAN should be trying to get acquainted with: united rentals, home depot, abc rentals, rsc equipment rentals, sunbelt rentals. There are many more
I have heard farmers are now renting more equipment instead of buying their own new equipment, it is a lot cheaper. Replacement part makers are probably reaping the recession rewards. That probably explains why sales are down from 2009 levels. It is simply cheaper to rent instead of own because of interest rates going so high on the monthly payments. This company needs to get a large contract with a major heavy equipment renter to sustain profitability.
So because one tractor was sold millions should be dumped into a stock that has shareholder equity of less than a million, and an outstanding share count just over 1.4 billion. That does not sound right to me.
If that were true sales would have increased from 2009 to 2010. Sales declined in 2010 which tells me less people are interested in the company.
I see a short squeeze coming to take all the gains
The fact of the matter is in 2009 sales were $1,518,642 , then sales dropped dramatically in 2010 to $585,077. Total stockholders equity is $706,301. And with declining sales I do not know if the company can sustain operations. Total stockholders equity is $ 706,301 with an outstanding share count of 1,425,911,508.$ 706k split up between 1,425,911,508 shares that is scary.
It looks like pure dilution to me. no matter how many news articles are posted on here about how great other company's in the same sector are doing, it will not change the fact that there is an enormous amount of outstanding shares being sold for way more than the actual book value.
i sure hope there is more
I thought we were in the middle of a recession it will be hard to grow the company if no one is buying equipment. I think sales were down last year substantially from the year before I hope it does not continue.
Is the P/B ratio .000672? I was just reading the annual report december, 31, 2010. Just used the freely tradable shares to divide things up, should i have used the number of shares outstanding?
hey not bad
oh wow are you going to recite us a poem
And what makes you the big expert vcty has only been around a couple years so there is no way in hell you know what the fate of the company will be. unless you are an insider i do not trust you.
don't over extend yourself it is not over yet
ru sure
how do you get friday tips is it on otc pink sheets or something
so you think friday tips are bs but you read them anyway wow thats odd.
what folks please share go look something up to backup your statement