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Just hoping that $2.5MM was really for something good.
I may be wrong from the way things sounded yesterday, but a core holding of 25,000 shares is not that much to hold on a gamble like that.
Just some money put on a number at this point in time. Don't think that is how anyone would want to invest/trade real large sums of money.
Keep comforting yourself, Lucy.
I know you carry it forward - those losses that are losses that the IRS ALLOWS you to claim.
HOWEVER, The Wash Rule says (to the best of my understanding) If you buy the stock back (a stock you are claiming a loss on) before thirty (30) days, you then forfeit all rights to claim that loss on your taxes. So, if you want to claim those losses, once you sell the stock at a loss, you CANNOT buy it back for a minimum of 30 days.
The losses that you have been careful enough to NOT forfeit, can then be carrried over from one tax year to the next until they are all accounted for - which is what I believe you are talking about.
Feel free to correct anything erroneous here. I am NOT an accountant, I have just had to be informed on this by an accountant.
It is all about being able to take the losses - be SURE you cjeck into it if you are claiming losses.
Keep telling yourself that, if it makes you feel so much better about your investment decisions. However, that is not what this is all about, even though you want to comfort yourself with those thoughts.
I do NOT post to take advantage of people, I post to share insight, information, concerns, frustrations, hopes and fears. The goal should always be to support each other in making money, enjoying life, and not letting the companies take advantage of us shareholders who want so much to believe in those companies' abilities.
You can embrace that or not. People who really know me know that that is my biggest concern, taking care of each other, not hurting or taking advantage of each other. Too bad that you would believe a company had your best interest in mind, but refuse to believe it of caring individuals.
Be darn sure you read up on the Wash Rule!!!
If you earn money in the U.S., (I think you are a U.S. resident, aren't you?) that Wash Rule can get you into a whole lot of trouble. Make sure you learn about that ASAP, Rook. And talk to an Accountant that knows about trading, or a very experienced trader that has had to go through tax preparations at least a couple of times.
We didn't need a confirmation of generator sales numbers, that was already a given.
We were expecting to hear about some tile sales, many people expected BIG numbers on tiles sales - got nothing!
We expected to hear about some new acquisition that the $2.5MM went to - got nothing!
We expected to hear about franchises (plural) being opened and at least one already operational - got one, only one franchise, close to opening. It is still only getting ready to open sometime soon.
Big, BIG disappointments. THAT is why it is down after the filing and the CC. The only things holding this up in the .10 to .12 range were the expectations that more work had been accomplished than what had actually been accomplished.
And no, as much as Lucy likesto paint a jaded, manipulative picture here, I'm not saying this to get back in lower - this has forced me to take losses and due to the Wash Rule I cannot get back in or I forfeit all those losses, and I'm not about to do that on top of being stupid enough to beleive in this company and its CEO. By the time my 30 days goes by that will allow me to buy back, well what I have said here today, to help you understand some reasons for
the expected official news came and no reaction......
Hard to figure for a po rook
will in no way enhance my opportunity to get in at a lower price - somtime after end of Sept.. People will not be thinking about my posts here today after a month of developments or non-developments have gone by. They will be thinking about whether or not any progress has been made in the last couple of weeks, or is getting ready to be achieved in the months of Oct., Nov.. And THAT all depends on whether or not Howard decides to start up his PR machine again, and WHEN he decides to start it up. Only time will tell.
Just wanted to give you some answers to your bewilderment of the price movement. There do exist REAL REASONS for the reaction, do not kid yourself. Be careful, and take care.
Well, It's been fun guys,
NOT!!!!!!
Good luck with this one.
Still own core shares, but not worth wasting my time watching anymore. Sold most of my position. Will check in from week to week to see how good or bad this gets, and to see when Howard plans on starting up his next PR machine so he can get another good price on his shares.
I've learned my lesson - this is ONLY good for trading and I should have never gotten into believing that it was a decent company to hold and invest in rather than trade it.
TTFN (Ta Ta for now)!!!!!
LOL
You were probably right about the discussion but were discussing the wrong stock, LOL.
OK Hog,
I stand corrected and duly rebutted by you and Sentinel. I would have to agree, after you directed me to the fact that this was a response, and then I went back and read all the posts pertaining to this issue, Sentinel was only providing very balanced information and not overly optimistic or hopeful inuendos to keep people invested. (Again, I was not condemning Sentinel for that anyway, but I did imply the post was unbalanced.) As I have said before, I respect MOST of Sentinals posts, so I appreciate the insight he brings to the board both positive and negative.
I was wrong in supporting numoney in calling Sentinel's post a pump. I just had to read the whole range 5 or 6 posts at one time to see the full context.
Sorry to the board. Thanks to Hog for pointing me in the right direction.
But, I still think Sentinel's post to me from which I used the wording for BOTH sides of the fence is completely appropriate and very well worded by Sentinel.
Again Sentinel, I do NOT think of you as a pumper. I only posted as to how someone might construe that post as a pump.
I am NOT a basher, but I am sure the majority of my posts can be construed by positive posters as bashes. I am merely skeptical. I am trying to get both sides of the story, and be extremely cautious. Such cautious nature, and desire to learn to read PRs and filings more critically to stay cautious, tends to cause me to lay more credence to the negative posts. However, I hate to admit that I do so offten let the hopes that I derive from the positive posts get the best of me and I throw some of that caution out the window when I should not.
Hence my defense of letting all posters post their opinions, and not barring bashers or pumpers (Unless of course they are posting obvious lies and information that can in no way can be verified). They both provide something to the discussion if people will truly discuss and not start labelling and name-calling and demeaning each other.
Thank you, that is what I have been starting to think. At first, I thought, OH great, an acquisition; but after the Q report, I think your observation is most probably accurate.
Think of how people always define a basher.
If someone even thinks of comoing on here to ask a question about risks, within the hour they are labeled a basher. To use your wording, I see it happen so often that when somebody discloses the possibility of something negative happening, after giving a logical bit of reasoning for the statement, that is a bash.
Now the same line of reasoning should be used for both lines of thinking. That is only fair. But again, life and the stock market are NOT fair.
Interesting yes. By the logic of many posters who do not want to see negative posts, nobody could offer any hypotheses of future scenarios that were even somewhat negative without being a "basher", because the posts might "instill fear".
Such posters (who, by the way, control the boards) smother the possibility of any worthwhile debate with such definition.
Methinks the board needs a narrower definition on both sides. We all need to focus it a bit, in the interests of accuracy.
I don't think I could have said that any better!!!!
Good job, Sentinel.
Thanks,
Netlong had posted that excellent article on this a year or so ago, but after my drive being reformatted and all, I lost the link to the article.
I like using that ratio.
I guess since Lucy didn't oblige me, she either has me on ignore or just will not help shareholders who are anything less than 100% positive on this company.
Technically, Yes, it could be construed as a pump because it instilled hope for some event that most shareholders believe would cause share price appreciation. An event that we have no hard factual evidence about when that event will occur. So people will be subliminally influenced to HOLD their shares or possibly BUY IN to be on board for the event you were telling them could happen any day now.
Do not get me wrong, I am not giving you a hard time about it. It is perfectly fine with me that you are informing us of what you see that might be something positive happening in the near future, just as much as it was fine with me for people to post opinions informing me a month ago that they did not think tiles were selling (being called bashers).
I only posted my thoughts on this because Hog was having a hard time seeing how anyone could construe this as a pump.
People just have to learn to read any and all information posted on these boards with a very critical and skeptical eye, or they will not make good investment decisions.
Lucy,
The PE definition and formula are pretty widely known.
I was wondering if you could post a similar post that lays out the PEG definition and formula. Looks like you have a pretty good source there, it would be nice to have its take on PEG.
I actually think the PEG is a much more informative ratio to consider on a growing company like CHDT and would shed a whole new light on CHDT's potential for share price appreciation.
Hogfan,
I will answer where I COULD HAVE taken that post as a pump. It did not bother me, because I am used to the fact the the boards are more intended to support the stock than to make sure everyone stays fully educated on the potentials AND THE DOWNSIDE RISKS of the stock.
But, in Sentinel's post, he was stating that some news about the $2.5MM LOC could come out soon or any day. Now NONE of us has any idea of when that news might be released. However, we all EXPECT that that news will be something very positive and would be news that would likely increase the share price. For someone to just post that that news could be revealed soon, has one impact - to make people who are thinking of buying to consider, Hey, I might want to get in before the release, and if it could be released in the next few days, I better start looking to get in.
It also would have the impact of causing those who are considering selling to think, Heck, if that news could come out soon, well I better wait to sell in case it is released and then I decide I want to own all my shares for the potential positive movement.
Thus, that does qualify as a pump. There is absolutely NO solid information that would support that the news will be released soon, other than the timeframe of the last time that Howard loaned the company money to buy 50% of CPS.
These statements are made for the purpose of inducing thoughts of being IN, holding a position, so one can reap the rewards of the news release, when it occurs.
One other thought, we BELIEVE that this will be a positive development, but we do not know this. This LOC could possibly end up being viewed as a negative, depending on what it goes for, and then the share price could also tank once it is released.
There is no assurance whatsoever that it will stimulate share price appreciation.
I appreciate you bringing this important distiction up, Duffy. However, I have to disagree with you a bit.
You post: This product will not be sold to help past or present storm victims.
While you are correct in stating that these tiles "are of no use to any body other than new construction", some of these storm victims who had their houses and businesses destroyed and roofs destroyed, will basically be "new construction". They will have to start from scratch and be putting on NEW roofs, so those situations will result in an increased demand in the market for tiles, hopefully OUR tiles.
That anyone would believe that a statement made on a message board is a fact is ludicrous. For you to be hammering on a statement of fact that does not provide a link, and arguing how it cannot be fact, minimizes any crieibility you might have. Of course we all know ANY statement on this message board, or any other, is merely one's opinion. Even black and white facts can be viewed by other people in various different ways - causing them to have a slant of OPINION.
The FACT that the price is now below .089 can be viewed by differing opinions of whether ist is a sell-off that will continue down, or it might be viewed in another opinion as a head fake or a shake, who the heck knows? These are just opinions based onthe FACT that this is actually trading below .089 at this point in time.
So PLEASE give this "fact" issue a rest. EVERYTHING on a message board is an opinion other than links to PRs and SEC filings, and really those are only "potential", unless it is numbers released in an SEC filing, and sometimes even those do not turn out to be actual FACTS. Think back to Sunbeam and their full warehouses. Sales were NOT sales, they ended up being transfer of product to a storage facility.
You are wrong with this statement
No one wants to be bother with this negative stuff the first thing in the morning.
I want to hear both the positive and the negative thoughts about what is going on with this company and the people who are managing it. I am sick and tired of the overly optimistic posts that have no factual basis that try to keep people buying into the hype. They keep trying to influence people to hold their shares. I also want to see the conservative valuations and projections, and Yes, the negatives that people see impacting this company so that I can see what is in people's minds that is making them think this is not worth .10. I can then more fully evaluate how my attitude may not be appropriate in valuing the company that high.
Circlegridder posted about the PE yesterday and how he thought the company was "fully valued" at that price. Well, after the posts where the PE was actually displayed, I am pretty certain that yes, it is fully valued in the 9s - too fully valued. To the point that it is OVERvalued, and other investors see that also.
However, all you people that only want to have positives about the company posted on this board, do not want others to have such insight. You want us to only get your slant so that when we start thinking we are being too optimistic we will only get reinforcement from the likes of you saying heck yes, this stock will go up, it should be valued higher, and then we will continue to hold.
POPPYCOCK!
Sometimes, the good thing is to give reinforcement to the thoughts that maybe we bought this at too high a valuation, and we should exercise some caution. We should be aware of the possible losses as this goes down to its true valuation.
Allow both sides of the opinions. So far the negative has been most correct over the last month, and the most helpful to investors who would like to keep their investment capital, and have such capital to make money with later on.
Show some concern for your other investors here, not just concern for keeping your stock price up while the really smart investors keep selling into your positive reinforcement posts.
PE of about 122 at the current price. Your broken pencil, and broken brain(jk) got it correct.
I think you were just asking for circlegridder or someone else to confirm your numbers since you were doing it without a calculator, correct?
I figured that was probably why they were avoiding that development so completely. I kept hoping they might be able to say something, but kept thinking in the back of my mind that since we have not seen a PR about it, we were not likely to get any answers.
Someone here posted recently that this was not true, and that some other company used to ALWAYS release non-PR'd material information in their quarterly CCs, so I was just hoping I was wrong about thinking it had to be released in a PR first.
You are right, line of credit.
I'm not impressed.
Looks like they are avoiding the pink elephant in the room - WHAT IS THE $2.5MM LOAN FOR? - Not even inching toward answering that question - WHY?????
Who all thinks this might go to .15 today, later in the day? After that trade that just went through, I'm kind of thinking that is some kind of a signal for the MMs.
Don't know, maybe some of you more seasoned MM watchers can elaborate.
Thank you so much MP for stepping in here and clarifying all this mix-up about your statements.
Boy, I am impressed with your analysis, you definitely know your stuff!!!!
I have been studying through many of your strategies on SHO, and I appreciate all that you offer to us less experienced, but learning, traders.
Thanks again for the help, Both here today, and all the time at SHO.
Ha, ha, LOL
Don't let anyone on this board see you accuse me of that, LOL.
Well that would be a lot better than an insider sell.
Actually rather comforting to know he was what caused the drop - I can handle that kind of false market movement. Leaves room for upward move next week.
That would be great. How do you know? Did you see him post something.
From what I've read about him, he doesn't seem like he would be that transparent with his trades, esp., his exits.
I am very anxious to know what that $2.5MM if for and how he invested it into the company. Hopefully, it is for something that will produce massive growth, not some stop-gap measure that needed to be taken. Just concerned and excited, both at the same time, with Dato resigning at about the same time.
10Q looked good, so I have stronger confidence, but still worried if there is a wrench in the works somewhere wich might be the reason for such extended silence as of late.
With the very large spread we saw the last two hours, that is very likely.
Let's see what next week brings. If you are correct, then it will really move hard when it moves.
I think what he is saying is that a CEO that has just overcome one extremely large hurdle in the progress of his business, (the NOA to sell tiles everywhere), and a quarterly report coming due, in addition to necessary public communication regarding how the new franchises for generators are progressing, and how the generator and tile sales are stacking up, should not just jump on a ship for two weeks and become totally unavailable. Sure, a three day rest in this time period, no problem, but TWO WEEKS?!?! Leaving only one business day to be back in the office before the 10Q is due to be reported!
And being gone during this whole time period, right when he has a major member of the board handing in a letter of resignation.
And he leaves shareholders stranded, with a dangling $2.5MM deal hanging in the winds, and we get NO COMMUNICATION for more than three weeks because he feels he deserves TWO WEEKS to go play, right in the middle of all these development.
Now THAT is not a well-thought-out decision from someone who is supposedly working hard to build a legitimate company with share price appreciation for longterm shareholders.
THAT is what Hank Hill is apparently expressing, and I can't say that I think he is off-base on this. Howard should have stayed home and attended to the business of getting that quarterly report out ON TIME, and monitoring the progress of deals being structured and sales being booked, and then communicated a thing or two to shareholders when questionable news hit the markets. THAT is what a responsible CEO would do; One with whom you can really trust your investment.
I truly think this is a major factor in all this weakness and inability to move the share price at this point in time. Investors have been shaken by Howard's lackadaisical attitude regarding the developments of this company. Many are still unsure of what might actually be going on behind the scenes because Howard has appeared so uninterested in managing the business this last month. Perception trumps reality most of the time, and the perception here is that this is not being tightly managed, thus leaving too much potential for a possible money-losing mistake.
Again, thank you for your post of actually thinking about what is going on. Another excellent post exhibiting actual reasoning, like your previous post commenting on valuation calculations. It is comformting to see another reasonable poster show up here. I have noticed about three new reasonable posters in the last week, and it is quite refreshing. There are quite a few on this board, especially some of the really long-timers, but some of them post minimally.
Just want to express how much some of us appreciate these kinds of posters.
I also love our excellent chartists when they show up and give us some interesting insights.
CHDTE Charts
Daily
Weekly
Hey WSM,
Your not gonna believe this, but Sunday night my computer got zapped by a thunderstorm. WHAT LUCK!!!!!, LOL
Anyway, have been running to the library to check things out and post here and there - just got the computer back today and I am trying to catch up.
Considering this, I have only done very cursory DD on CVCP. Right now I have too many irons in the fire with computer problems, pool problems, kids getting started at school, and three or four other issues that need to be managed. Hopefully, I can get back into the swing of the market next week again, and do some checking into companies I was really getting fired up on before last weekend. It looks like I really missed some excellent buying ops this week though, DARN IT!
Any way you look at it, this is a phenominal growing company. Now, I'm ready to see the $2.5M deal.
That was mark-up, not margins. That would make the profit margins over 50%.
Look into any accounting formula, you cannot have 100% profit margins. Materials have to cost something, thus my befuddled remark when posters here first reported that they had 100% profit margins when they listened to the SHO interview - cannot be.
What Howard remarked was (paraphrased here) that CHDT was making over 100% profits above the costs, thus "mark-up".
Now THAT is the kind of post I like to see. Informative and keeping investors focused on how the numbers are supposed to be looked at. Thanks for the feedback, somtimes we need to be reminded of what the real numbers are that the big guys use for their calculations, not our most optimistic hopeful calculations.
I think this baby is gonna roll quite nicely for a while with these numbers reported in this 10Q and with all the new developments that are going to make the 3rd Q 10Q even better, let's just stay realistic and calculate Market Cap using the generally accepted method of calculating Market Cap.
WOW!!!!
That was one Helluva buy Moxy!
Great Job - nice to see you making some dough here.
I LOVE that quote Dart, LOL.
Keep on keepin on.
BTW, GREAT charts, Love em.
PatD,
I've been in the same spot before. No fun watching your wee one in a crib looking like a caged animal with wires attached under a cap that they just cannot stand to have pasted to their head. Boy, was I glad when that two days was over!!!
My prayers are with you. NOTHING matters more than what you are going through with your family there. Take care.
Now, you just have to mwke sure you continue to provide a secure life for that little blessing. That is where my focus is all the time now.
Good luck.