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I think what you meant to say, was "can you imagine saying this company is a fraud, a couple of years ago"
you would have been tarred and feathered, and the moderators would have deleted you posts and banned you. This scam started at the top and worked its way all the way through the pumpers here on the CGS board, then took the money from the public retail guy. Actually, just as all stocks work on wall st.
i said nothing about the quality of the company, just the pump of the CGS board. Just look at the subject lines and frequency of the posts in june and july. then the price tanks, and all you hear is crickets. its the locals here pumping it up so they can get out, that's all.
classic IHUB pump and dump. what a joke
First, the Kool-aid longs you refer to usually provide substantive material to back their arguments, as opposed to tripe such as, "why is an Australian running the company."
WTF does that have to do w/SIAF performance?
Second, your argument to open up the front page to a public analysis would simply invite the same nonsense I just referenced that would have to be sifted, combed through, edited, redacted, etc. etc. and would amount to nothing more than a waste of time and a diversion from what everyone can gain from simply reading or reviewing the posts on this board. It's not as if there are that many posts to begin with.
One of my previous posts went into detail on land costs. Goes to show how effective my posts remain in others' memories.
So, I hope a press release accompanies the financial release, and describes the milestones being met and progress toward targets
made my first entry at 53.95
i think the CEO is on his way out. time for some new blood
EO seems to be converting small amounts of his options and selling them
wow. that is a very interesting perspective, never even thought about it like that. no doubt we were burglarized. im going to read my home owners insurance policy! LOL
thanks. i finally stopped beating my head against the desk i read this and started up again.
If they did their f---ing job in 2009 that investors claim to trust we wouldn't be at this point
their going to have a sh*&ty 2H. im looking to reenter lower. is it a big deal the CEO is selling shares?
The farm is expected to begin stocking operations in August, 2011
this is the biggest risk holding these stocks - stops are useless. either someone maniuplates it down and snags your shares, or news comes out and you have minutes to exit your position.
either way you lose. im avg back in around 1.10 and thought about a $1 stop but would have been takn out if i had set it.
under $3, and not a post anywhere.
Admission of mistake
so how does one short SNOFF?
i got the message at 14.20 and TDA wouldnt let me short it.
"...Whenever New Fish Farm contracts; asparagus planted; cattle expansion progress; grants come through, etc..."
"...they still have to get the contracts..."
"...if there is more news to be reported then of course they'll be more PR's..."
"...taking meaningful, pragmatic steps to make that happen..."
what i meant to say was, thank you for the link.
holy crap! that is the worst presentation i have ever seen! you gotta be kidding me - at the very least label your fukng axes! were talking about millions of dollars at stake here and they don't hire any sort of presentation service? Hell, go to the local business college and hire some kid for $500 bucks to make a few slides. amazing.
complete amateur hour. fuk.
i guess we will have to chalk that up to a Chinese/English barrier, but for gods sake. chad better be pissed at this, how embarrassing.
thanks again for continued contribution and analysis.
"...let's just mark the milestones toward such clearly articulated plans, and measure progress..."
in my view, this is the statement i have been waiting to read for a long time.
Is it not fair to expect updates prior to the next quarter report about new fish farms, etc? That is, if we dont hear anything by July 10th, they are lagging?
do we know the bank name? Maybe an opportunity for trading other RTOs
sorry to post about YONG but can someone briefly explain how MS new position works:
"... The Investment will consist of the purchase of $50 million of convertible preferred shares convertible into common stock ("Common Stock") of the Company at an initial conversion price of $8.80 per share, subject to customary anti-dilution adjustments and a full-ratchet adjustment in the event of future issuances of equity securities below the conversion price. The conversion price is also subject to upwards or downwards adjustments (up to a maximum of $15.00 per share) based on the Company's reported cumulative net income in the years between 2011 and 2014.."
maybe cheng zheng is dumping this bus thing and going for switow:
http://finance.yahoo.com/news/Chinese-ecommerce-giant-opens-apf-2946212780.html?x=0&sec=topStories&pos=main&asset=&ccode=
treit - im surprised you are not going.
you fire off stat after stat with what seems like good knowledge of the company and at least, a confident understanding of all the various workings which means either your heavily invested already or plan on it, or are generally altruistic and helping bring to light a potential investment opportunity.
unless these meetings are just dog n pony shows, I suspect you could learn a ton from introducing yourself to as many people as possible and asking these questions to people that should know much more that random, faceless, internet posters.
i agree his language seems FUD like, but at least its well written. sorry, but IHUB CGS board has lost all credibility and i think in part because we didn't let people speak their mind. there is no excuse to be mean or vengeful (eg Nitwit) but if you are a long-time poster of IHUB and start to get the willies about a stock, i for one want to hear it.
the problem is we cant use any fundamental analysis so we have to refer to our 'gut' and currently mine is full of diarrhea as my mortgage is upside down and my IRA house a couple $1000 bucks left.
i would LOVE to know how many longs sold without posting (especially with CCME), but continued to be 'hopeful' in their text which dragged down us noobies. Posts of PMs were scattered everywhere. i blame no one but myself for losing all my money, its a rigged game, and i lost sight.
i still believe madoffs son was murdered - people get killed for a lot less.
absolutely, unbelievable. CCME finally made the NYT. sigh. im so fukn broke.
and part of the reason I am going long now.
is it possible to update the stickies?
There has been a blast of new ideas and thoughts that need organizing, reiterating, and more discussion but are starting to get buried in the linear format of a message board.
the CCME board tried a RED flag / GREEN flag layout in the intro section (AFTER the 's' hit the fan, btw - whoops) and was a great way to catch up with a mobile device.
It also keeps the discussion more focused preventing the newly arriving guests not to ask the same 'ol question AND prevents the rumor mill, which sank this stock once before into the .50c range.
with some organization, a MB can be a force, and make the company listen (eg the lawsuit against GEO) but it might have to weigh on the shoulders of a honest few (eg treit, drexion, sindberg, etc) to get going.
i am literally rubbing my last nickels together on this one!
much thanks, Foggy
your not alone. you will make it through!
the thing that hurts the most for me (and I lost near 40%) is that all the YEARS reading this board, have been a total waste of time. And to boot, all the 'research' performed and HOPE these companies could be invested it, turned out to be BS. Were talking dozens of companies - worthless!! i remember Pappy starting up the Amigo List. All of it worthless.
and i have to stick around ihub because i still own about 6 of those POS companies (NEP, LTUS, WKBT, SIAF, CSGH, JADA).
If they don't resign by May 20th, I'll turn optimistic.
the devil in me really wants to buy AERL. ugh. those 7.80s seem like forbidden fruit.
stickies rule!
I just wanted to express my gratitude for the timely, updated stickies that summarize the current findings.
Message boards can be a wealth of knowledge, but too often the nuggets are buried or camouflaged in between (and within) pages and pages of messages . Kudos to the admins that take the time to elevate a posting to sticky status!
as always, this team does a fantastic job breaking down the numbers and showing a bright light on the financials. I particularly like the potential EPS of $7.01!
But why then is this tanking? Sorry, but i dont buy the whole "ccme has wrecked CGS" and investors are nervous. What is/are the underlying negatives that are holding this stock back, or worse having it drift in price??
you guys are too smart: please take off the glasses and turn over those rocks that appear too heavy.
i have lost a ton on options with this one waiting, waiting, waiting.
thanks
got it. it works. listening now.
doesnt work. asking for a 'valid conference id"
thanks, though.
ha. ive owned it since 2008. talk about a horse pill. thanks for the update though.
hmmm. maybe i can do something usefull for board and research this given the population, potential, and poo water in china someone else must be trying to grow fish.
also, has anybody located what they feed their fish?
"...NO commercial farm in the Peoples Republic of China producing chemical and pollution free fish..."
well balanced post, thanks for that