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Are we supposed to get a PR today?
Thanks again Doog!!
Thanks Doog. As always, your input and time are appreciated. But tell me, will that strategy work? If many people put in inflated sell orders will that tie up the stock and cripple the shorts?
Can anyone tell me about this... On the Yahoo board regarding ABK they are all putting in a limit sell order considerably above the bid/ask price to prevent the shorts from using their shares. They started doing this a few days ago and I've been watching the stock price, very little movement compared to the prior erradic movement. Would this work for SPNG? Something must be done regarding the manipulation of SPNG, it's ridiculous. It's getting to where I'm afraid to read good news about it!!!!
Check this out from the Yahoo board:
Here is a link to the Gasparino interview from CNBC
Yeah, a storms brewing! Good or bad? My guess is it's good based on the way this held up today in light of the DOW, NASDAQ and S&P. Might be a bit of a wait, but I think this will go green hard and fast.
Always glad to read your posts Doog and your DDs. I emailed them yesterday, but have yet received a response. Evidently they feel their shareholders don't deserve to know anything for some reason or other. I resent being treated like a mushroom.
There could be many reasons and we can all speculate to make ourselves feel better while we are groping around in the dark until management feels that we deserve some further awareness.
Well, certainly hope he's more sincere about that than he has been about other issues. I think my skepticism is widely reflected in the share price. Only the manipulators are and have been benefitting.
Until management decides to do something about the manipulation I find it hard to believe the SP would move any different than it has for months now.
Heavy Buying!!!
You need to go to the Yahoo board and read the news. Here's a portion of a current news article: "Ackman has been opportunistic on the short side as well. During 2008, Ackman told the media on several occasions that he was short bond insurers MBIA Inc. (NYSE: MBI - News) and Ambac (NYSE: ABK - News) and mortgage giants Fannie Mae (NYSE: FNM - News) and Freddie Mac (NYSE: FRE - News). Ackman is likely to have made a considerable sum on those positions, and during the recent Value Investing Congress, he ripped the short-sale ban on financial stocks, saying that it "did more to destroy investor confidence than anything." The SEC let the ban expire last week."
Many on Yahoo believe the hedgies are back at it, even with these low prices.
On the Yahoo board they are saying it was being shorted big time. They are all putting in sell orders at $30 to keep the shorts away tomorrow.
Cool, I like that.
What's that Tothe?
Thanks for the input Doog, appreciate it.
Anyone need a good laugh? Read This: What does a roll of toilet paper have in common with the USS Enterprise?? They both circle Uranus looking for Kling-ons. Hahahaha
Hey Doog, sure would value your opinion on WEL, they just signed a $45M contract with North Africa and another with Algeria for $25M. Their shares got drug down with everything else and are very low now, but with the imminent lift of the drilling ban I would think they are poised to rocket. Please give me your opinion. Here's the link to their website: http://www.bootsandcoots.com/
Thanks
You're one of the few many of us trust Doog, so don't let the a..holes get you down.
Glad to see you back Doog. Always enjoy and trust your posts!! Is the market open this Monday?
What's that post number?
Doog, sure do miss you on the SPNG and ASFX boards. Are you coming back? What made you leave? We want you back.
Would someone tell me what eom means? Thanks
Wondering if anyone can give me any feedback on WEL. They just signed a $45M contract with North Africa and a $28M contract with Alergia. The stock appears to be a real bargain right now. Sure would appreciate some opinions on this one, appears to be flying under everyone's radar. Thanks
Watch the DOW, this follows it like a shadow.
Yeah, if you read the Yahoo board TP (Toilet Paper is his nickname), is bipolar in what he has to say. Can't believe any of it.
Glad to see you back Doog. Don't leave again, most of us here really appreciate you!!!!
Well, you're wrong about that.
I totally disagree. If what I believe is not happening, then posting it would certainly create an opportunity to make it happen. If your long on this as I am, you would absolutely not post it either.
Dollars, certainly I will not post what I believe is happening. That could easily exacerbate the manipulation. I'm wondering how far it will have to fall before management steps in to protect their shareholders. If you would post your email, I will tell you what I believe is happening. Of course this is my opinion and speculation like everyone elses right now, but my take on this certainly is harmonius to what I see happening.
General, great attitude. To the extent that you accept something is to the same extent you promote it. Maybe we can get some more good news and watch this sink even further with that attitude!
GeeMoney, I don't know what the jail sentence is, but I am amazed that no one has brought what's going on with this security to the attention of the SEC. All I know is that this is being eggregiously manipulated. Day after day I see the same thing, and day after day I read all the conjecture and speculation that constitutes 90% of what is said on this board. My personal belief is that the majority of what we're seeing is not the "shorts," but a group of shareholders that are manipulating this acting in concert. Think about how they could do that, it's very very possible and likely.
Thanks Doog. As always I appreciate your time. I'm hoping the shorts will move to greener pastures with the ban lift.
Doog, first a statement, then a question for you. The statement for you and the board's beneftit: Short-sellers are drooling over the SEC lifting the shorting ban on hundreds of financial-related companies. The SEC website states that the ban will be lifted at midnight on the third business day after the bailout is passed. This would mean the likes of CitiGroup, Goldman Sachs, Morgan Stanley and others will be the target of many hedge funds starting on Thursday of next week.
My question: Please check out PGOG, and explain to me how their shares can be at $1.00 when they pale in significance to ASFX or SPNG. There are many others too, but I'm totally in the dark how this can happen. Sure would appreciate your input. Thanks
Why isn't the new product on the website?? They definitely need to lose their soft porn, isn't helping!!
It is impressive to a degree that this isn't dropping like the rest of the market.
This isn't going anywhere "they" don't want it to. I don't think a pound of C4 would make it go north unless the manipulators consented!
Great post Doog. I'm sure everyone appreciates you time on this. I know I do.
Thanks Tturner for that post. Appreciate you taking the time for that. Anyone have an opinion on how this will affect the SP and to what extent?
I agree patience is a virtue, as is objectivity. I'm heavily invested in this, thus I become concerned when I see so much positive events bringing flickering and waning results. It is my hope this will turn around as much as anyone elses. Again, I believe this is being manipulated to the extreme, not just by shorters, and am concerned that we will see this on the next leg up as well until something is done about it. What that "something" is, is yet to be seen.