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Hi,
Great to see all the posts and all the enthusiasm. I have been holding this for years. My average was .08, yes, that's right and then it collapsed and presumed dead for ages. Sam had done some great work turning it around. As it returned to life bought more and and more in the past few years. Now the average is .014 with over 2.2m. This hasn't moved on good news much but with the lastest financials I have bought more in last two days. I expect to finally see it be at the right pps...multi-penny. Its a better company now than it was when it was over 10 cents back in the day. Looks like Patience will finally pay off!!
cheers!
Exactly! I would add that what got me sucked into this was the time and effort put into the hearings by Barty.
Hard to believe I could be fooled by such a person of such character that would come onto the message board to defend his name and integrity, have done all that work in the hearings to get the plant up, and to win the support in the mayoral race and so on.
Live and Learn, sadly at such a cost.
Who said anything about 'misery'?? I am not the source of my upset and lead a happy life. This conversation has run it's course. GLTU.
I lost a lot more than 4 million shares worth(and so did a lot of others) so that proably makes it easier to see it as you do. I don't see this as analogous to a golf shot or a golf game. It was represented as having the kind of potential that could lead to early retirement and playing golf everyday in some very nice places. First as ownership of the plant and millions a year for years, and then as less and less, and ultimately, as a little project managment company. Your philosopical approach works for you and that is great for you. I, however, won't put any icing on this mud. This was an expertly done job by a master and his cronies. I have my entitlement to my upset as do others.
I agree..IF I wanted to give to a charity I'd donate to a worthy cause of MY choosing. This was my hard earned money for INVESTING. As far as losing it all to Mikey I'm very upset with him and his masterful posting, and other things he did to suggest he cared for the shareholders, and that Florida pumper guy with his 'sources'(lesson learned), and could care less as well about Berlin's energy issues and jobs.
I don't think its right to try and now put some rationalization for this....The ends don't justify the means, no matter what kind of icing you put on it, it still stinks like you know what!!
I'm in the group that invested big and saw it go poof. I'm amazed at how many of the so-called longs were trading and didn't actually lose much, if anything, or even gained with LLEG. What an awful lesson this has been.
Had i known LLEG would negotiate so little for so much work, and out of such a money making enterprise a plant with millions generated over 20+ years, i would never, ever, had invested in this company. To me LLEG did lots of the heavy lifting and dealt wth the local politics, PUC, etc., and made it seem like they would be at first keeping a portion of the plant (I thoought for their work they deserved it), and then that changed to selling it for a good percentage (disappointing but it was going to be something like 37% I think), and then finally just a few million (just incredible). Oh yeah, I feel mislead. This company has been nothing but a headache--every step of the way they have had drama.
I respectfully disagree, Tanner on that point. With the patience, monies, and time I have put into this company, I'd like to see what he has to say right now, meaningful or not. I am no longer giving him the 'benefit of the doubt'..Since June, nothing, and that's disrespectful to his loyal and true shareholders. The witholding of a release about monies from the inking of Berlin is further indication to me that he does not care. I hope I am wrong cuz if so, then I will feel comfortable that I had made a correct assessment about his character and integrity...right now, I am regretting that I believed in the man and his words.
so true....there would have been a lot of happy campers like me with my 20 mill.
I'm fed up with the silence from this company and wondering what is going on without any word from them. I hope they will at least put out something about this development and an update on the uplisting or some other fact. without something from the company this is like a giant inkblot test with everyone speculating and filling in the gaps with what they 'see'. I don't blame them whatsover.
I thought Mike, based on what I saw was a defender of his shareholders, and still think that somewhat, but not as much as I used to with this SEC investigation..well, I have to say I sometimes now wonder if I had him wrong which would have been an error on my part.
I'll keep waiting. Been watching this thing for too long as it is..
After all the bad news on top of bad news in the past while, the news of continued negotiations and now this...thank you for sharing this Sam Dan...things may still work out.
Hey Big,
Great posts. Your call was bang on.
Things are looking up again. Beeen adding to my holdings for years. Added as Mike continually earned my trust by reading what he says (I read integrity, solid character, and tenacity), added when seeing his concern for his shareholders (his tweets, messages when skepticm and cynicism prevailed), added as the company overcome its numerous obstacles(SEC, PUC,etc), added as opponents (JE)were professionally dealt with, and added again as we saw news of new plants and projects coming online (Susanville, etc).
For sure, I was shell shocked this past week. There was no way I was selling but I couldn't pull the trigger on more shares at the lows (too bad) but I began to see how this suspension represents an amazing opportunity to get cheap shares and got another 1.3 million at .0022. I think it's still way undervalued.
I have not been give any reason to feel that Mike and co. are not on the up and up. He may have made some mistakes but I don't think we're lookig at an malicious intent as has been repeatedly suggested by a vocal few here. I know I'm a good judge of character (it is part of my professional work). I always liked the way he has participated here in clearing and correcting the negative assumptions and innuendos of a few on the board.
I look forward to seeing this through to PENNIES.
I'll go back to lurking now. To all fellow longs, have a great weekend!!
Z
Good night Mike. And thanks for all the extra miles you go for your shareholders!!
zoom
got another 100k at 43. easy $$. for sure! your posts are appreciated Tanner.
those 100 mill days are coming soon.
go LLEG.
The impatience of some and delays can be used to advantage. I've been buying 100k at a time over (just got another 100k) in the past two wks. MB's appearances here do boost my confidence as do other factors like todays article. You know these bargain prices will soon disapper.
go LLEG!!
Thanks Big, Tanner, HLH..Totally agree.
And thanks for all the negativity recently which I don't agree with. Took advantage of it today, more shares are going into strong hands. I expect it will bounce hard soon.
I bought some more today also. I hope it's a chance to take advantage of an overreaction.
Fantastic news!!! Thank you Mike for your diligence and perseverence, and posting on the board to fill in the gaps and correct some unchecked assumptions.
As well, a BIG thanks to Big!! Great analysis and comparison. You, sir, are to be commended for going the extra mile for the LLEG longs and company.
So, will we finally ZOOM today?? If not, we'll zoom very soon.
Go LLEG
Your input tonight is appreciated. This kind of effort to put together a message makes me feel even better about the future of this company and my investment in it.
As a loyal shareholder, I see many achievements made and look forward to more.
This has taken longer than I had ever thought it would, but I do my best to appreciate the nature of the biomass industry and note the success LLEG has had in overcoming various obstacles in its path.
I hope future projects set up in those towns and cities where the people show their appreciation for the jobs and economic boost LLEG provides.
zoom
I really like ALCS. I should have just kept piling my money into that for the past year and I'd be sitting very pretty. I look forward to the coming take off!
ZOOOM ZOOOM!! Congrats Matt. The Mazda 3 is a Very Nice driving' car. I'm very happy with my mazda 6 2010. ...
Now if all my equities will only go zoom...ALCS is going Zoom from my buy in price of 1.40, I got out of EGT recently and into GSX, but I'm wondering if that wasn't a mistake. Oil/gas must be a good place to be in the current climate, non?
Awesome!! Toronto here. We're going to be very happy participants soon.
hey Power,
Don't forget the Canadians..I've brought family and friends on board this baby. I'm sure the percentage of them begins to grow as the price climbs.
Zoom
Looks Great for us patient longs and recent newcomers!! What an incredible birthday present to start Tuesday!!! Perfect timing.
As a present, I was given some great cigars, and fine scotch, now I'll be prepared to sit back and enjoy the LLEG milestones materializing beginning this Tuesday. Has been well worth the wait...
(Kinda feel Sorry for those who imagine spots in the sunshine and thus can't enjoy the rays).
Cheers.
ZOOOOM!!
Thanks BigBucks, that was amazing reading...keep up the great work.
The Town of Berlin's closing was a fantastic document. Makes me feel even more comfortable with my investment in LLEG.
Those who wanted to get in before launching have a smaller window of opportunity to do so in my opinion.
zoom
I agree Tap. That's why I got another 200k today to make it a nice, perfect round figure of a bunch of mills.
It doesn't get much better than that!! A fine read. The arguments look well stated, coherent and logical.
Thanks Big!!
Zooom
Hope you are right, and it turns out to be a very bright move. I just bought another 2000.
Yes. Looks like it will be testing 3.00 next week. By the looks of it people, funds, etc., are getting in on these prices and maybe in a hurry to do so!! As you said it was oversold.
Have a good weekend.
Zoom
That buying continued even after the close. Is that not unusual for ACLS to have such after hours trading, especially on a Friday? Does that seem unusual to you too?
Hey Matt,
Check out ACLS after hours tonight. 2.97 46,500 traded. Hmmmmm..
Thank Augusta. Just got out. Better a loss than losing it all. Didn't have much in it. Next time I'll be more careful before pulling the trigger on something that's running.
I'm underwater on this one. This is discouraging news. I'm wondering the same thing. Augusta, what are your thoughts. I know it's a lotto play but would you sell for a loss or keep holding if you bought higher? Thanks.
Sounds good Augusta! I'm holding. This one is in my Retirement account. I think it will be very big in the future. We all know how big Asian gaming is.
zoom zooom
Yes, it does. Glad I bought back in.
Good luck fellow EGT'ers!
the tragedy you expect is a fiction you create. Good luck.
zoom zooom is starting on EGT!!
Gotta say, I (and I probably others on the board) really appreciate the 'front line' action that you provide on buys and sells. Particularly helpful since we are investing our hard earned money--helps with the confidence in one's decisions.
The insider (and otherwise) purchases that you reported by insiders here at EGT and ACLS combined with the fact that they look ready to climb, and other factors (being at decent prices) were instrumental in my decison to add more to them the past two days.
Cheers,
Zoom
Bought more EGT at .41 today. It looks like a zoom is in the making here!
I bought more ACLS and EGT this morning. IMO they look ready.
Thanks Been There. Yes, the info seem scarce but it will come and it will be good I think. Matts L2 on the daily activity is quite useful.
I read some of the EGT information a few weeks ago and thought this is an amazing business. You get profits from machines all day and all night long with casino-loving asians. The labour costs are basically nil, no union issues, and maybe you just repair the odd machine.
I have a relative in India who owns chicken farms and basically I saw him counting cash every night from the truckers. The slots remind me of chickens. No fussing, just laying lots of golden eggs!