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Lucy, I had the same problem. My post was not vulgar or obscene, and it was removed.
Who is removing all these posts?
I see MAXM at .07. I will not be surprised at all if they take it down to them to get them filled. Will probably sit around .07 until Howard gives us some information, if they go down there.
Don't tell me that. Now that I sold a few, I'm hoping for that dreaded .072. However, if we go back up without me buying back and increasing my shares a bit, I am perfectly happy with that.
Thanks, This is a great help.
Yes it is. Interesting. To me it sounds as if that employee knew where there was some usettled issues regarding funds/free shares of a company laying around and decided to get their hands on the bag, or at least try. From the court decision, it sounds like that person's plan did not work.
You do do a good job finding the finer details of financial dealings.
OK, Big Breath,
I gotta stand up for my friend here again.
I sure wish you boys could get along without someone always having to throw sand in the other person's face, Tch, Tch Tch.
Then, the next thing you know, the big boy is bringin out the shotgun and the other is runnin to the truck for the 357Magnum. Geez!!!! Get over yourselves, please.
We are all in a tense situation here losing our profits and all the while we anxiously await the tossing out of a life jacket, and better yet, hopefully that big ship coming from China, so weighted down with tiles with a sold sign on them, and generators with a UL stamped on them, that they cannot stop to pick us up.
Anyway, Moxy does some pretty good DD, just not the kind you seem to like. He looks for syrup in the funding and sometimes he finds a thorn that makes that bed of roses not so pleasant. Sometimes he's wrong, but many times he has been right.
Not sure on this issue yet, I'm thinking you are being a tad too mistrusting and skeptical, but, as this week has progressed, I am looking with a more suspicious eye. I still think you may be wrong Moxy. I THINK this is a good company, but they may be pulling a small fast one for the time being to get us moving in growth here. I can handle that. Nothing we have not seen before, and a much better chance of being productive for the benefit of retail shareholders than in other scenarios.
Now, as for the name calling, all you boys do so much of it that I can't keep track of who is the worst. It really is rather immature and nonproductive. And many of you claim to be grown men, with families, with SUCCESSFUL? businesses. I don't quite know how. You appear more like those men they catch on the news show tracking down the internet predators who are wayyyy toooo perverted for a normal social interaction. Is that how you like portraying yourselves?
Just get back in your corners and spit at each other, OK? But keep the drool in your own spitoon, us other socialites here on the board do not like seeing it, feeling it, or smelling it.
Now, can we talk about his stock that is supposed to bring over the ships from China to rescue us?
Aint that the truth, LOL.
Thanks.
I'm still in this thing with you guys big time, I just wanted to take advantage of the downtrend instead of holding all the way to another bottom. No sense in that, You'd be hard pressed to convince me that you don't agree. Don't expect you to confirm that publicly though, but most traders do not care to hold a position while they ride a stock all the way to the best buying opportunity. They prefer to be out and available to re-load at that point, Not in. Not intending to put you on the spot here, just saying, I'm still here for the next upswing.
I have just lost some confidence in the company/director a bit to be irresponsible enough to make comments that affect investor sentiment like that without having everything sewn up where things would not be taking longer than he anticipated. Comments like that from a CEO should be only about something that he is POSITIVE it will happen in the time frame he implies.
Now, it is very likely that Howard thought the announcement of the funding was a big thing that would impress investors. Most of us cannot believe that THAT is what he was referring to. It certainly did not help like he thought it would if it was the support he was making inferences about.
And then again, it could be Howard thought coming off the NSS list was something that would cause share price appreciation and sellers would be sorry. I'm not sure how he could know about that in advance, so that is not likely. Besides, I really don't think he would think that, but maybe he misjudged the market reactions to what news we have had this week as much as shareholders did?
I don't know, but it is just not the best idea to ride the stock all the way down without having some profits taken out.
Thanks again
Thanks, I did sell some at the .09 you pointed out.
Howard NEVER should have made that statement, and those of us that thought anything positive about it should have slapped ourselves up side the head for even giving it a second thought, LOL.
The only thing I am saying is we were told by a source that had the right ear of Howard that Howard stated that sellers would be sorry this week. Well, the only ones that are sorry this week are the ones that did NOT sell, and the sellers are obviously extremely elated that they did not put any stock in that comment. Others have been had.
Even if you did sell, plenty of opportunities to have gotten in much lower than the sell prices of last week. Even if something occurs to make sellers sorry for selling, they have had, and will have plenty of margin to reload - so again,
We have been had.
A stable conclusion, no jump at all, just a progression of events.
The only drama is coming from those who are trying to make it look like drama by posting "Nice drama".
Yep, it is starting to appear that we have been had.
OK, we'll agree to disagree :)
I think you may be right. The charts are all indicating this and the only thing that can throw a chart off is news, or outright manipulation.
I think the manipulation is down to a small range right now, and they will just follow the charts, using the range for small profits. They won't buck the charts too much here because they do not know which way to manipulate it, because they KNOW there is a high probability of news that is likely to take this thing back out of their hands.
It was a planned sell as you surmised by your comment "That 1 mil PLANNED sell, as in the schedule was set up most likly at 2005 end,"
A sell that was reported on this Form 4 filed to notify shareholders that Howard actually sold those 1MM shares on 7-12-06 at .16.
If you read that form closely, I cannot see it any other way. Howard already sold those shares, on July 12, he did not PLAN to sell on July 12 at .16. Planned sells usually include a period of time (a range) within which the insider can sell, not the actual date and price because the insider is planning on selling in a particular time frame, and he does not know whether or not he will get .16 for those shares on said date, for sure. One cannot know that until the market moves to that price.
Steve, where do you get this is a PLANNED sell? From this form, it lookes to me like he SOLD at .16 on 7/12/06 and this is a REPORT of SALE.
A Form 4 filed as a STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP OF SECURITIES
http://www.insidercow.com/
How are you reading this differently?
You are correct that it is only $160K, but I did not say it was the only monies that were backing the $2.5MM credit line. I did post "sold to finance this next venture" and you are correct in pointing out my error, I should have said sold to PARTIALLY HELP to finance this next venture. I'm sure it is a small part of the pot and I'm sure that what you surmise about "Most likely there is another corp set up with Howard and the board members that is loaning this money" is very likely to be the case. Like I said, at this point, I have absolutely no problem with this. I really kind of like it.
I like the interest rate,
I anticipate that most of it will be paid back from the revenue stream that is building up nicely within CHDT and only a small part might be paid back in registered shares, if any,
and it is NOT an outside IB firm that doesn't give a hoot about how healthy the company is or how appropriately its shares are priced on the open market.
I agree with the 1MM shares being a BIG WHOOP of being added to the float. Such is obvious with my comment posted "we have a few more shares in the float". If I thought it was a big deal, I would have said something like a whole bunch of shares dumped into the float that we now have to absorb before we can continue to see appreciation in our share price. As I stated, it is merely a "FEW" shares added to the float - no big deal.
Very interesting run-down there. Thanks for the info.
Good luck, that is a great stock.
I hope you are wrong, although it did get pretty pumped last week, there is no question about that.
Moxy, I know you are concerned about this funding and dilution, and before I say anything, don't think I am trying to change your mind at all - you know I am not. I am just bouncing my thinking off of you since I respect your cautionary manners.
Now, as far as the 1MM shares Howard sold to finance this next venture with $2.5MM line of credit (which I know, he can take it back in restricted shares at a pretty nice ratio - but THAT is wayyyy down the line). I keep thinking, and I know I'm right on this, THIS IS NOT DILUTION - at least NOT AT THIS TIME. Yes, those shares he sold added to the float, but they did not dilute the Earnings/share or revs/share. They did not increase the OS - not dilutional, and they did not take any hard assets away from the company (like a campus or something, LOL). Market Cap is staying the same, just we have a few more shares in the float.
I know I am not telling you anything new, I just am not sure why you are so concerned about this. Heck, at least they did not go out and do a PP with an IB whose brokerage firm is now shorting the heck out of this to bring the share price down to a level so that when they convert they can get many times more shares than they should be allowed to get, and then be putting those shares on the market adding to the OS and diluting the heck out of our market cap, E/share and revs/share.
This is why I have been OK to wait this thing out. Now the one thing that has eaten at me all along has been that damn negative CMF, and I wonder if it is indicating something that I have blinders on about. And then this drop that has been so extreme after the well orchestrated run-up, well, yes, I see some of your concerns, but so far in my DD, I cannot find enough to be so upset about. I really like this funding after the kind of funding I have lived through with other less ethical companies, LOL. I think this funding from Howard is quite growth promoting for the company, rather than eating away at the equity that the company has built up.
Anyway, I would love to hear what you have to say to counter my thoughts, but I do not want to put you on the spot here with possibilities of irritating others. Thanks for the feedback, and I hope to be joining you soon in FRPT with some other funds.
LOL, Yes, I certainly do. LOL.
You are fantastic with all the time you put in to help all of us to LEARN how to fish in addition to providing us morsels to fortify our weary brains while we struggle to develop the skills. Thanks again.
Thanks. That helps me a whole lot. I needed that info.
I LOVE that idea Hackbark, LOL. What a nice vision.
Dart, what question was this answer "chas2004 The CMF yes but not the Market Cap" in response to?
Chas' message, that contained the question, got blanked out for some reason.
Oh, OK. Thanks. Do you know if CHDT has fallen out of Gold Rush, or should I have Ken answer that?
Ken, CHDT is still in Gold Rush? How does this happen? I would have thought with the drop it had last week that it would have dropped out of Gold Rush. A tad confused. I guess I better get on the ball and try to get logged into your web site to learn this, or if it's not secure information, you could explain a little here, ;).
Well, welcome Klaazzz.
You made it over here, eh?
I guess I have to stop using this as my own private message board now that I FINALLY have a couple of people over that are actually wanting to chat about NTWK.
Timhyma, you have been hanging around a bit. I hope you did not mind my messing with the board while it was dead. If those charts are a problem, I'll remove them for ya.
If there is anything in particular that you want up in the IBox, you people let me know, and if it fits appropriate general DD on Netsol, I'll be happy to add it to the IBox. I'll try to get a nice chart up there for everybody sometime in the next moneth, OK?
OK Whiz, I gotcha.
I am anxiously awaiting this news that we are supposed to be getting, LOL.
I like the bigger chart, PLEASE.
OK, thanks. I'll keep that in mind.
OT: No. I tried to sell out of PBLS, but they dropped the price on me, so I waited and waited. Never sold, and then the other one took off, Darn it!
Good luck with it. I'm still watching it. When I can get some extra cash, it is one of the stocks on my quality stocks list, that I will put some long-term money into - IF the charts point to a good buy signal at that time.
Why would you not respond to my question in the chat regarding bottom reversals. Did you not see me ask you the question two times directed to your moniker, or are you totally ignoring me for some reason?
I would re-ask the question here except I cannot remember the term you used in chat - something about volume and some type up crossover or something.
Probably because they are not letting any retail shareholders buy, they are just doing the best they can to frustrate retail shareholders enough to sell. It evidently is NOT working very well, hence the very light volume.
Once they are done here, I think we will be happy with a pretty decent up move, JMO - Nothing AT ALL to base it on other than a gut feeling watching level II here.
My gut is wrong 45% of the time, LOL.
It is rather interesting that Numoney left out the words "off list" on his post.
In addition, who said we were only distributing tiles. They still have the generator business that they have stated they had intentions of expanding into other areas of the country.
And of course, We could make a BUNDLE off those spinerette trinkets if we could ship them to places all over the country - LOL, JK - Just wanted to get you going with this last remark.
If their intention to to expand OUTSIDE of Florida, well, someone has to pay for that gas to "ship" (truck or train) it from the ports to various areas in the U.S.. THAT would eat into the $1.25+ profit they make on each tile. They minimize those bites into their tile profits while they enhance expansion modes into central and Western U.S.. We still keep a 50% to 60% profit margin on our tiles and get a much, MUCH bigger market to which to sell the tiles.
Think about it, a REGIONAL tile distibution set-up - a REGIONAL market, not just state-wide.
I think it is much more likely some distibution news. I think they have some deals going to enhance the distribution within the US, all the while minimizing distribution costs, after all, those costs are gonna be a big factor in eating away at the profit margins on the tiles. They get that under control, we keep much more of those nice profits.
JMO.
Thanks for the positive and encouraging response. You are correct in pointing out that I have a lot of confidence in this company and am treating it more as an investment than a trade. I was still hoping that your indicators could keep my strategy directed at getting out before profits are lost, and it still may prove to be extremely appropriate at that, just hard to take at this spot in the charts 8>p. In essence, it seems that once one invests in a stock based on the Knight's Crossing movements, you have decided it is more of a long-term investment or longer swing trade than a short-term trade. Thus the two exit points for the Knights Crossing will override the exit points for a Landslide (?), and you either decide you get out quick before much progfits are lost but then risk missing out on a major part of the move later on, but also protect your profits from a MAJOR drop in share price,
OR
you wait for the second sell signal (5dMA crossing the 20dMA) which has more risk of losing a lot more profits in the mid-term, but you keep yourself focused on the longer-term possibilities of the stock's developing uptrend. I'll have to do a lot of codgitating to decide what kind of investor/trader I would rather be, and I'm sure a trader's choice changes depending on any number of factors, LOL. Such is the world of trading, eh?
I would just LOVE to be a board assistant down the road a bit, after I learn a bit more so I can be sure to see all the angles that the patterns can present for people. These conflicting (or seemingly so) strategies kind of threw me a bit of a curve ball, LOL.
Excellent post, Thanks.
EXCELLENT post.
I really love this one:
"5. Literate and motivated management."
This is rare in many companies, now isn't it?
See post # 11202 and any further discussions in that thread for my best understanding of how this works.
http://www.investorshub.com/boards/replies.asp?msg=12166429
And, of course, Duffy's post # 11347 is the end result.
Pretty inconvenient and a bit of cost to do that, and puts the shareholder at a pretty big disadvantage when it comes down to being able to take profits at the optimal time. It can be done, but quite a bit more time and effort spent to accomplish such.
Oh, one important point to be brought up here with this stock and all other penny stocks, is retail shareholders CANNOT legally short penny stocks. However, much of the shorting is done by offshore brokerages, Canadian brokerages, Berlin exchange stuff, etc.. Brokerages and MMs in the US can legally naked short stocks also, within the US to make the market, but they carry that wayyyy further than is acceptable, IMO. (You would have to confirm that brokerages can, I KNOW MMs can).
When you see all this and realize the extreme amounts of effort and monies put into being able to do this activity, you cannot help but be aware that this is a HUGE money maker for these firms and boiler room operations. And in actuality it is money STOLEN from retail investors and the companies they are invested in because it drastically increases the OS artificially.
Ok, I gotta go. Got some e-mailin to do and I just HATE e-mail.