Background is in Investor Relations and portfolio management focused on energy stocks. Always looking for opportunities to learn & share more.
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You are 100% right. Everyone has to find his/her own comfort zone.
Earlier today I added 100,000 shares at .009. At first I felt kind of stupid but I accepted that sometimes I can do stupid things. Yet now, as the shares rise, I know deep down I am stupid at times but Lady Luck loves me and my stupidity so all is well in lalaland.
I don't see much value in knowing who makes our products. I very much do care that manufacturing is being set up, according to our CEO's remarks. I hope he's telling us the straight truth but only time will tell. Meanwhile, I figure he's in this for much more than a mere penny or two share price. That tells me he needs to see the shares fetch at least a dime or more in all likelihood. Otherwise, I don't see how it would have been worth the effort that goes into constant road time, traveling to other states to build a base of operations.
All in my opinion, of course!
I believe you are absolutely right. Many investors view the stock market much like a movie---expecting snap decisions and action every minute. Real life doesn't work that way and the market doesn't either---it can't.
There are two distinct energy sources afoot here:
1. expectations on the part of short term traders
2. investors hoping to see an emerging business model likely to produce profits.
At this stage I don't see how anybody can say we will be profitable for we don't yet have a business model. So when I read someone expressing great confidence, I figure someone is living in a dream and trying to shape the views of others. On the other hand, our leadership appears to be pursuing a plan. How well he accomplishes it remains to be seen and evaluated. Meanwhile, I'm happy with developments thus far. That means I've got to listen to my instincts and not sell out because others may be more frightened than I.
These are my opinions herein and nothing more stated or implied above.
How are you so sure? What is the basis for your logic?
I notice English is your second language. But common sense knows no geographic boundaries. So can you explain the basis for your enthusiasm so we can all learn new sensitivities? Please don't yell at me about how wonderful this is. That makes me suspicious of you and your actions. And I'm not alone here, obviously.
I'm adding shares because I think that every stock out there might get to enjoy its fifteen minutes of unbridled fame. If this one reaches the end of the rainbow, I'll take my place in the sunshine. One thing I notice is that many investors expect major money-making resolutions on a day-to-day basis. The stock market doesn't work that way for contracts require attorney time, and before that come the meetings and follow-up meetings and sample-time when involving edible concoctions. So I am prepared to give this thing another month or two during which time I'll have to see concrete evidence of forward motion or I'll vacate my position. Until then, I won't be encouraging others to think as I do or invest as I invest. I know myself and my limits and I respect others and expect them to perform just as well.
My opinions are above and nothing more than my opinions.
When I see a stream of over-the-top posts such as you've been putting out, I look at your history of blog contributions. In your case I find you are very new to IHub.
Were you urged to visit this board? You see, I'm not convinced you're a shareholder as you never expressed concern. Genuine shareholders are usually a bit afraid they are over-investing in something yet to be revealed as a suitable or worthwhile case for putting their cash on the table. Today, for example, I've added 100,000 shares at 0.0090 after adding 200,000 yesterday at much more. At risk is my self trust. And I may be a continuing fool for I just placed an order for 200,000 shares at 0.0085. I'm hoping it doesn't fill. If it does, I'll be holding 2.8 million shares. I'd imagine I'm not alone in being concerned.
Bottom line is that most of us want to find ourselves successful and NOT victims of a sucking-cessfool of our own mental creation. I could add "LOL" but it's not very funny when you wake up one day to find you've been a perfect idiot.
Oh, well---let me be perfect at something!
The above is an expression of my opinions and nothing more.
Doesn't anybody question that the company has controlled the patented biodiesel process (formula) for a considerable time yet we have yet to view earnings specific to this? I'm wondering if the patent isn't being used as a front to make the company appear cleaner than clean as opposed to being a company out to make a killing from dope on the edge of legal acceptance?
I've been an energy trader and writer for the industry for years. I've not seen figures relative to BTUs resulting from processing hemp as opposed to other grasses now available and not dependent upon government approvals. Could it be that hemp doesn't offer anything meaningfully new? Biodiesel has been around for years and is hardly the new guy on the block. We know lots about switch grasses and corn. Why not hemp?
A question I have concerns the establishment of LumberDok as a self-proclaimed spokesperson for our company. This is not how publicly traded companies operate. If he truly is acknowledged by the CEO as the Dok claims, then we are very much at risk the instant he lets it be known that he is receiving insider information in advance of all others. The fact that he may or may not be paid for his dissemination services won't excuse him from liability and it very well could lead to massive class action suits capable of destroying our company and OUR invested dollars.
Lastly---what's the big deal with a pretty cupcake? Nobody is interested in how it looks, only with how stoned you get from it and how much it costs. Folks desperate for a fun high will pay to eat bad s***. And that lack of concern for flavor may prove my point: It won't matter what it tastes like or looks like in the real world where people want to have their fun legally without being prejudged as criminals.
I no longer do pot and other street drugs but I fully endorse the use of these substances so long as we conduct ourselves honorably and respectfully.
These are my opinions and nothing more than those.
There is no way for you to know that. I'm hearing a lot of emotional exuberance that may well be irrational. Certainly, we all wish to hear, see and profit from stunning growth but there's nothing to pin our hopes on at this juncture.
Also, there must be many other companies out there doing exactly as CEO Miller envisions. They may be further along in the process.
Hope is great---especially when realistic. I need to see concrete accomplishments on the part of management. I haven't seen any yet. I'm waiting for proof of SEC compliance, a petition for uplisting acknowledged by no less than the SEC itself, contracts signed with dates indicating the launching(s)of new enterprises.
It would be more than naïve and downright foolish to get too carried away by profit motives without ALL of the above mentioned criteria.
Jugs
Interviews often originate on-site at industrials, often in concluding moments when workers are dismantling structures critical to the programs of the day. Admittedly, it doesn't always work out satisfactorily and I'll agree with you in this instance. But it's not something any company's management can control.
I appreciate your response for I know you're doing your best to help others recognize the potential trap that comes with participating in any OTC or pink tradable.
Fairly up-to-date financials are out there, I saw them. I think it was at the corporate website.
I'd imagine many of us are in the money on this holding. The choice to bail out or hold is an individual one, to be sure. I tend to dismiss putting management on a pedestal and trying to convince myself or others that people on pedestals deserve respect and---above all---my trust. I trust in just one thing when it comes to investing: Profits and profits alone. At this juncture, with 2.5 mil. shares in tow, my position is valued at $29,600 with $12,600 representing the profit side. That said, I can't view CEO Miller with a skeptical eye for my gain is not due to anything he has done for the shareholder. His actions, be they PRs or behind-the-scenes moves designed to bring this company closer towards compliance and, thus, credibility-----all are no more than a trader's tools to be used like meat thrown to a lion in pursuit.
In short, there's one person responsible for my gain. As stated in literature, I am my own captain. I see a caveat in that: Trust only the eyes that see others, meaning your own. Why must I trust Mr. Miller? He's out there to promote a company, isn't he? And isn't he doing that? It's not his job to coddle me or reassure me that my investment is a permanent one. I'm married to a wonderful woman, not a company and certainly not a man! I know every hour of every day that I've got to take responsibility for my actions. Whether Miller chooses to operate on the greater good basis or not remains to be seen, at least by me. For now, however, I sense promise even if only in the eyes of other investors. I could close my position a moment from now and walk with a sweet gain. I choose to stay here because it's fun, profitable so far and if I were to lose it all, I wouldn't be meaningfully damaged. I'm safe.
As I trust my motives if not my perceptions, I trust yours as well. HOW we view information always requires verification. I appreciate your willingness to challenge for it's healthy for all.
My comments here are not more than my opinions and in no way do I wish to shape the views of others. My hope is that each of us is successful in self-directing.
Permit me to disagree. For years I headed up the Investor Relations department of a Texas energy company. There's a huge difference between fluff pieces and slam dunk PRs. We've been getting a mixture of PRs aimed at keeping us in the loop but with a sincere tone and I've not seen any fluff. My take is that management is attempting to define a space of visibility---not to motivate us to buy more shares, necessarily, but to keep us informed and able to see things as they are---and may become. This is very smart, imo.
I added today also, btw, now holding 2,500,000 shares. I've got a gain sitting in place amounting to a bit over $18,000. I'm very comfortable with this investment so far. That means I'm fairly confident upwards momentum will prevail despite current market volatility. While I see a correction in the works---microcaps often escape the wrath of the market when there's a 12-15% swoon in the making as I think this will be. We all love the longshots as they give us the courage to believe in the company, ourselves and the future. USEI's focus is certainly one we all know will become firmly entrenched in due course. We hope it will be through USEIs efforts and become the case soon enough for us to retire early to Tahiti. lol
All comments herein are my opinion only.
Jugs
PRs are designed to be liked! They are made to appear as though to keep shareholders informed but there is much more lurking beneath the shadows. The function of a pr is that of shaping public opinion. SEC rules prohibit deceptions whether deliberate or accidental and compensatory fines can bring a publicly traded company down just like that due to the expense of litigation. I also like the prs and trust that the investor relations effort will prove to have been trustworthy and honorably discharged. And much is implied without offering specifics.
Until a year ago I was the head of Investor Relations for a small energy company in Houston, Tx. I wrote many prs that went around the world. So I examine each of our prs very carefully. Thus far I've seen no cause for concern. I will most definitely cry "foul" should that change.
I hope you aren't as angry as you sound. The company owes us nothing. Whether we gain or lose, it is up to our intellect, rationale and courage before due diligence has even the barest of chances to dance with Lady Luck.
We are all in this for the opportunity it represents. I hear an awful lot of fear here and there is no disputing that fear is controlling some of us. I have around $12K in this, having sold 150,000 shares to lower my cost basis which is now $0.00619. My gain is right about $20K. I am letting it ride because I can afford to take the risk. I also believe it is time for companies such as this one to prosper. It would be insane of me to significantly reduce the position. I view this as a crazy opportunity and I am darned lucky to be living in this moment.
Now, I don't know that we'll be at a nickel or a dime any time soon. But if I continue to breathe and think, I figure I can set up trades to take advantage of opportunities as they surface. That is the life of a full
time trader and I love every bit of it.
I hope more of us can find the space in which to enjoy the moment.
The remarks were terse because they had to be as it wasn't intended as a publicly available communique. This is about Investor Relations and that's my professional background. Careless comments could destroy the company in its infancy. He was entirely proper in handling things as he did.
My opinion only.
If the government has the goods on the illustrious Watts brothers, I don't see how Ray might have handled Tullow. The odds are unthinkably oversized. Worse yet, I expect the government to hold HDY financially responsible for the sake of getting money out of this investigation of theirs. This could easily drain the company dry. And the concession will be forever tainted if HDY is stripped of its former rights.
What a shame to see this result from Bob Bearnth's legacy.
You might be right except for the fact that we don't yet have a viable or salable product. What the company is working on is not yet realized and may take considerably more time to be commercially available.
Reading through the last several days of posts, I'm struck by the main argument questioning positive versus negative results forthcoming. It's obvious we're news-dependent. I don't get into Twittering as my professional background is in Investor Relations. That said, I'm not seeing anything suggestive of a pump & dump scheme afoot. Mind you, I'd be all over it in a heartbeat if I smelled it---and I'd be notifying the proper authorities.
Instead, I see a company making very visible moves with a notable PR company in a co-leading capacity. As for the Dallas acquisition, I view it as an example of a reverse merger. If I'm right, it makes sense if only to avoid the long process of becoming a publicly tradable company---at great expense, I might add. The acquisition may have been executed as a cashless exercise using equity (shares) as the currency equivalent. It spells dilution but when operating on a shoe string, it's what businesses do.
On another subject, I see folks worried about the security of their invested dollars. So I'm asking what others regard as significant? I hold 1.5 million shares costing me $8,700. I've got a loss of $1,704 on the books. This is what I do for my living despite the ups and downs. It's all part of a process not without excitement from both losses as well as gains.
I wonder if some others wouldn't mind divulging what their positions are and what it means to them that they find they are unable to control their money's destiny? It might help many USEI investors if we were a bit more open here. After all, it takes money to invest in anything, of course. And maybe a bit of craziness doesn't hurt. But in the long run it's a combination of nerves, intuition and thorough understanding of the business model and its trading public that decides the fate of each of us investors. And for the record, I get emotional when I invest just a couple of hundred $$$, so it's rarely about the money. It's winning at the game of foraging and market-play is just that.
I hope others come clean a bit here---we are anonymous, so nothing is at risk.
Best of luck and good fortune to us all!
Jugs
It is easy to indict Ray. I suspect the problem goes back to the Watts brothers and doesn't implicate Mr. Leonard.
I read through the patent material owned by USEI. This is about ethanol and gas combinations invented by McCoy. It would be nice it the company could point to years of valid success but they can't and don't They dropped out of SEC reporting, in fact. Now, with new management, there's a visible effort to return to being a reporting company. But a lot of useless years, nevertheless.
I'm hoping we'll soon see positive results likely to bring in more investors.
This hardly guarantees positive results for our company. We need to be careful to restrain exuberance else we get swept up in fantasies. I've already accumulated a lot more shares than reasonable, probably. But it is great fun.
Not without being privy to details we're not likely to be able to see. But from an obvious point of view, it would make no sense to divest until there's a payback potential.
Good point! I like that.
Right. But I want to know what USEI will have to offer besides money. What will distinguish them?
You're incorrect. The CEO holds only preferred shares. Until common shares reach a greater level of value, he cannot pull cash out of the company even for wages. He cannot convert his shares to common because it wouldn't be profitable enough to warrant it. This is the biggest reason for my confidence as he's got to make this work or he loses his stake. Meanwhile, there's talent in leadership and I like the odds of success because the industry happens to be really hot right now.
Jugs
When folks here say they're loaded, are we talking a million shares or more or less or what?
Jugs
Yes. And I appreciate you contribution. I'm still not understanding what will make USEI a viable counterpart. Are we nothing more than bankers? Not to suggest money isn't important but I'd hope we can be more than lenders.
Jugs
I did! There's no mention of what they plan on doing nor how they'll do it. The website offers more, claiming they are going to Florida next---tomorrow, I believe. But they have yet to explain the nature of their participation.
Jugs
What does the company (USEI) intend to do as a hemp business participant?
I sure hope nobody goes into this with the expectation of shares rising to $3.80! That would be insane from an investing perspective.
Jugs
By that I'm assuming you're referring to the NCT drop as the equalizer, is that right? In a sense, the drop, spread across the deep number of issued units in the old company, supports the emergence of new shares in NEWM. That much I get but I'm nevertheless betting that NCT will begin its return to higher valuation tomorrow. The investing public is accustomed to units in the $5.50 and higher range and short term memories tend to guarantee a return to loftier levels. I hope I'm right as Friday's drop caught me by surprise.
I hold 9,200 units of NCT and received 663 shares of NEWM. I'm pleased but surprised by the sudden drop in the older company.
Jugs
I'm not complaining as I'd projected 35-50 cents and this is certainly in line. However, I need/want to know how the Board arrived at the distribution level and am hoping to learn more when the conference call takes place on 2/19.
Do you think the modest distribution is partly due to our having to reconcile damaged throughput levels from the prior quarter?
Jugs
Imo people are crazy to not be piling on. I added nearly 1100 units this week in anticipation of a fine outcome resulting from the spinoff. My bet is that unit pricing will move up and probably exceed the $6 level before the 13th of this month.
ugs
forgive me if this is redundant but I don't recall having seen it on this board:
The Right Way to Find Growth and Value Stocks - Screen of the Week
1:28a ET January 21, 2014 (Zacks.com)
Looking for growth and value is a winning combination.
Even though everybody seems to be down on earnings growth and up in arms over higher valuations, there are still plenty of companies around that look great on both.
First off, Growth Investors focus on companies with great earnings growth. And this makes sense since earnings drive prices. But nobody wants to overpay for good growth.
Value Investors focus on low valuation metrics like low P/Es for example. But many companies have low P/Es because they don't have any real growth to speak of. They lack earnings power. And people aren't willing to pay up for these stocks because there's nothing to pay up for.
But looking for both growth and value is a great combination and helps alleviate the pitfalls of having one but not the other.
But I believe there's a right way and wrong way to find both growth and value stocks.
Wrong Way (How Most Search for Growth and Value)
Most will start off with either one or the other. Like looking for stocks with biggest growth rates first and then narrowing those stocks down to the ones with the smallest P/E ratios.
But if the biggest growth rate stocks all had high P/E ratios (let's say in excess of 20 or more for example), are you really finding the best of the value stocks? The answer is no. You're only finding the growth stocks with the lowest valuations - even though they may be quite high.
Likewise, if you first screened for the lowest P/E ratios, and then narrowed that list down to the ones with the biggest growth rates - if the lowest P/E stocks all had sub-par growth rates, you'd only be selecting the best of the sub-par growth stocks and not really getting both the growth and value you were looking for.
Some try to overcome this by plugging in classical metrics like P/E under 20 and growth rates over 20. But you'll have a ton of stocks filling up that list and you'll be digging thru a ton of average stocks, not the best of each category.
So how does one find these stocks the right way?
Right Way (How You Should Search for Growth and Value)
The right way is to focus on companies with the highest growth rates AND the lowest P/E ratios ALL AT THE SAME TIME.
I do it by using a uniform ranking on both categories.
And that's the focus of this week's screen.
Let me explain.
The screen starts off by looking at:
• Companies with one year Projected Growth Rates to be in the top 20 percentile of all companies.
(Using a Uniform Rank of 1-99 (99 being the best growth rates), I screened for stocks ranked 80 or better, meaning better than 80% of all the other companies out their in terms of growth rates.
• Companies that also happened to have the lowest forward (F1) P/Es too – lower than 80% of all other companies.
(Again, using a Uniform Rank of 1-99 (this time 99 having the lowest P/Es), I screened for stocks ranked 80 or better, meaning companies with P/Es lower that 80% of all the other companies out there.)
• They all have to have a Zacks Rank of 2 or less.
(Meaning no 'Holds', 'Sells' or 'Strong Sells' allowed.)
• And this was all applied to stocks trading at or above $5, with average daily trading volumes of 100,000 shares or more.
So with this screen, we're not starting with one and then looking for the other. The order of the above parameters is irrelevant. If I switched it around, I'd get the same stocks.
Because essentially I'm demanding that the companies have to have BOTH growth rates AND valuations in the 80th percentile, i.e., better than 80% of all the other stocks out there. And better on each category.
By the way, for those trying to do this on their own at home, here's what the screen looks like. The uniform ranking was done in the calculation expression feature in the Research Wizard.
http://static.zacks.com/images/zacks/blogs/1390328504_scaled_425.jpg
This screen also comes pre-loaded with the Research Wizard and it's called: sow_growth and value.
Below are 5 stocks that made it thru this week's screen (1/21/14):
ANW Aegean Marine
(Growth rating: 82, Value rating: 87)
AXL American Axle & Mfg.
(Growth rating: 82, Value rating: 96)
JRN Journal Communications
(Growth rating: 80, Value rating: 87)
MU Micron Technology
(Growth rating: 99, Value rating: 89)
NTI Northern Tier Energy
(Growth rating: 87, Value rating: 98)
Each one of these stocks (and all of the stocks on the entire list) have market beating growth rates with below market P/E values. A great combination.
Check it out for yourself and get the rest of the stocks on this list. See where your stocks Rank out of all of the other stocks out there, and test your own strategies and see how they've done. Find out what works and what doesn't. It can all be done with the Research Wizard stock picking and backtesting program.
Jugs
Our payday isn't guaranteed as per the "variable" aspect explained by the company. Most will agree with you regarding the assumed distributions on a regular basis but there's always going to be associated risk. But I'm a
believer for sure!
Jugs
You're right! According to B PT SEC filings the trust will fail to meet required production levels in the year 2027.
We'd better run for the exits now, huh?
I'm adding---the distributions add up favorably for more than a few years at the current rate of extraction.
There are longs and there are shorts. It's easy enough to figure it out, right?
Jugs
This is probably tax loss inspired. After all, the reverse split cost us all dearly. I'm standing pat as I'm betting that the share price will soon reverse.
Jugs
You are right on the money! Perfect assessment.
Today's sell-off was looking like a last gasp tax-loss issue until a naïve friend sent me a clip from the Motley Fool saying there are better plays out there in the income production world. I explained that the Fool uses scare tactics to promote their services.
My opinion only, of course.
Thanks, Pete, for your diligent style aimed at helping all of us self direct. And to all I wish the best of good times in the year ahead.
Jugs
There are many other choices of investment value out there without the unfortunate history HDY has trailing it. We all hope it changes for the better.
Jugs
Very kind of you to help Oscar. He got in way over his head.
We all did it some time back in our stock beginnings.
Jugs
Some of us elected to partially sell off prior to this week. This not only lessens the pain of holding shares with an operating "legend" but also enabled us to operate on someone else's nickel.
When we debated doing things in this way, the bottom line we had to face had to do with greed.
Jugs
Rather than ponder how Marathon leadership might view regarding having let go of NTI or PTG & Acon's sentiments along similar lines, I'd much prefer hearing about more relevant issues affecting each of us:
1. When we may gain some insight as to WNR's reasons for acquiring the Partner's controlling interest
2. How we unit holders stand to benefit from the blending of assets, should this occur
3. What sort of timeline might we anticipate when it comes to WNR's demonstrating new directions
4. Will the sharing of NTI's distributions be mixed with WNR's paltry dividend, thus lowering it?
5. Should NTI and WNT assets be blended, will that bring on a massive influx of new share holders?
6. Given that WNR had to borrow about two thirds of the purchase price to acquire the General Partner,
it stands to reason that there is now added pressure to afford the costs of borrowing through cash
flow or risk hamstringing the newly combined entity. How likely is it that things will chug along without
undue difficulty endangering original NTI unit holders as assets regroup as per new leadership?
7. Surely WNR wanted more than access to our sources of throughput, the refinery and the pipeline. I like that we're no longer fully dependent upon a single refinery. I wonder how WNR share holders feel regarding the likely pooling of assets? And what might emerge as new assets resulting from a more powerful presence through the combed entity?
These are some of the items floating in my mind. It would mean a lot to get your feedback.
Thanks.
Jugs
Two questions:
1. What happened to pre=BK shares of AMR? Are they under the bus?
2. Will our AAMRQ shares be respected as true shares representing the mops merger entity?
Thank you so much for your help.
Jugs