In Florida overlooking the Intercoastal Waterway..
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No on ALY...
But XOM might be in GFCI radar sightings...hank got to go....
GFCI is now trading at 0.60 -0.13
ALY 5.95 + 0.62
GFCI update...
I'm leaving for the rest of the day...Hope all works out for the longs and I hope my postings helped others with thier investment decision...Hank ... DO YOUR OWN DD.....
The secret of GFCI...
Based upon Grifco's aggressive acquisition schedule and expanding product line, management believes the third and fourth quarter 2005 will earn an additional $0.23 to $0.25 per share for the fiscal year ending June 30th 2005. The Company's forecast is based on its ongoing projects and acquisitions,
This is from thier press release of yesterday...No lies but...no acquisitions with numbers...
Now trading at 0.65,,, down 0.09
ALY 5.75 + 0.43,, ALY 5.75 + 0.43 Hank
GFCI is now down 0.05 on the day...0.68
1,019,000 shares,,WOW
GFCI vrs ALY
Well they are both up 0.23,,,same industry or thats what they say at GFCI...GFCI reports higher erns than ALY,,, GFCI projects 400% higher earns than ALY... I only own ALY...hank
Update ALY 5.55 +0.23
GFCI 0.73 +0.00
GFCI trades 1,000,000 shares 150,000 shares trade at 0.70
GFCI... Saved this for last...Do your own DD,,I do not own....
GFCI Operational Update and Earnings Guidance for 2004-2005 Related Stocks
GFCI
HOUSTON, TX -- (MARKET WIRE) -- 03/03/05 --
Grifco International, Inc. (GFCI - news) , a provider of oil and gas services equipment to the worldwide oil and gas industry, announces net income of $2.6 million, or approximately $0.13 per share on $7.5 million gross revenue for the six months ending December 31st, 2004.
Grifco International goals for the second half of the year are predicated upon achieving significant growth in revenue and shareholder equity. Based upon Grifco's aggressive acquisition schedule and expanding product line, management believes the third and fourth quarter 2005 will earn an additional $0.23 to $0.25 per share for the fiscal year ending June 30th 2005. The Company's forecast is based on its ongoing projects and acquisitions, including:
GFCI Signs LOI to Acquire Global Oil Tools
Global is equipped with state-of-the-art machinery and produces a complete line of more than 6,000 with over 150 customers. Global has $1.2 million in inventory, $2.2 million in assets, $800,000 works in progress, $400,000 accounts receivable, and should add over $1.2 million in net profit to Grifco in the next 12 months.
GFCI Signs Completion Screen Joint Venture
The Grifco International PMC screen was developed in China under a long-term Strategic Cooperation Relationship with Halliburton and China Petroleum Technology Development Company, having been deployed and tested in all the major oilfields in China. Currently the screen is being supplied to Chinese National Petroleum Corporation, China National Offshore Oil Corporation, SINOPEC, and Halliburton. Management estimates the PMC screen will increase company revenue approximately $2.5 million in the next 12 months.
GFCI Markets SCUDA Tool
The worldwide crisis of potable drinking water suggests an immense market exists for this SCUDA tool. Grifco is expanding into the foreign arena by utilizing sales agents worldwide; presently, Grifco has agents in South America, Singapore, and China. Grifco believes it has the ability to effectively market this tool to domestic and international clients and estimates a potential revenue of $2 million in 2005.
GFCI Acquires KO-VAC Systems
KO-VAC Systems markets a vacuum-based disposal unit with electrical and diesel systems for fluid and/or solid clean up. GFCI anticipates KO-VAC to be worth $2 million per year after twelve months, and generate $4-5 million in the first 2 years.
GFCI Increases Production Output
GFCI's installment of a CNC Turning Center and CNC Mill allow Grifco to be highly competitive with its price quotes and delivery schedule. Grifco International has experienced a 500% production increase with the new machinery.
GFCI Establishes Rental Venture in Mexico
The rental service in Mexico should generate approximately $2.5 to $3 Million in revenue for 2005. Grifco looks forward to the continued expansion of its tool division in Mexico; Grifco de Mexico should contribute $5 to $6 Million in annual revenue.
Grifco Field Tests Corrosion Inhibitor Tool in China
The Corrosion Inhibitor Tool (Silver Hawg) performed for one year in the largest oil field in China. The test gives Grifco's agent in China the opportunity to sell approximately one hundred tools by the close of 2004. Sales in China for 2005 will likely double. The success in China should result in increased revenue (in China) for Grifco International, Inc. of approximately $1.5 million in the first year.
PEMEX Field Tests With Grifco International
PEMEX , the 3rd largest producer of crude oil in the world, recently completed joint testing with Grifco International, Inc. utilizing the "Silver Hawg." PEMEX has issued Grifco International, Inc. an immediate contract for additional wells; pending favorable review, Grifco International will prepare to supply up to 300 wells, while awaiting a third contract installation for the northern district of Mexico. The contracts with PEMEX will generate approximately $2.5 million.
Six Months Ended December 31st, 2004:
(UNAUDITED, in millions of dollars)
Earnings 7.5
Net Income 2.5
Per Share .13
"The strong results in the first half were in line with our expectations. If our acquisition schedule progresses as planned, our earnings projection of an additional $0.23 to $0.25 per share is attainable," stated Jim Dial, President and CEO of Grifco International, Inc. "For the first six months of our fiscal year, our profits are running approximately three times higher than the previous six months."
Grifco International, Inc. is a leading provider of oil and gas services equipment, specializing in the conception, architecture, and development of tools for the coil tubing, wire line, and snubbing industry throughout the U.S., China, Mexico and South America. Grifco's patented products are known and used throughout the world. In addition to our patented tools, Grifco designs and manufactures over 350 products for the Oil and Gas industry with a clientele boasting the biggest names in the business, including Halliburton, Exxon, and Schlumberger. Please visit www.grifco.org.
Safe Harbor Statement under the Private Securities Litigation Reform Act of 1995: The Company cautions that assumptions, expectations, projections, intentions, or beliefs about future events may, and often do, vary from actual results and the differences can be material. Some of the key factors which could cause actual results to vary from those the Company expects include changes in natural gas and oil prices, the timing of planned capital expenditures, availability of acquisitions, uncertainties in estimating proved reserves and forecasting production results, operational factors affecting the commencement or maintenance of producing wells, the condition of the capital markets generally, as well as our ability to access them, and uncertainties regarding environmental regulations or litigation and other legal or regulatory developments affecting our business. More information about the risks and uncertainties relating to the Company's forward-looking statements are found in our SEC filings.
Contact:
Grifco International, Inc.
http://www.grifco.org
Jim Dial
(832) 295-1529
ir@grifco.org
From 5/30/2004
This came off a canadian message board..
The LTBI Vapour Trail
You may recall Litfiber from a posting here on April 26th. In that posting I mused that perhaps the bubble was back, because Litfiber seemed to be nothing more than a series of press releases around a new P2P VoIP product called iTalk2U. Well, the stock price must have dropped too low again, because this showed up today:
LitFiber Releases iTALK2u, Free to Low Cost VoIP Calling Worldwide; $15 Million Net Revenue Product
Highlights:
iTalk2U is released. Unfortunately not, it seems. The link on their website is inactive, so it's impossible to download. Doing a view source on the page reveals that the URL is http://www.litfiber.com/italk/downloads/italk_setup_09a.exe. The download file isn't actually on the server yet.
They expect $15 million in revenue this year from this product. How? It's free!
They're prepared for a million downloads in the first month. Hard to tell. See point #1.
H.323 and IM seems to be the feature set. Too bad. Without SIP it will be still born.
I'd like to see this thing -- really, I would. I'd like it to be as good as they say. But so far, it just seems to be the Keystone Kops Softwarez Company, and a group of not very savvy stock manipulators. Where's the beef guys?
5:52:22 PM
Comments [0 previous
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Posted: Oct. 22 2004,09:48
LAFAYETTE, LA, Oct. 21, 2004 (MARKET WIRE via COMTEX) -- LitFiber Inc. (OTC: LTBI) informs shareholders today that an announcement regarding the continued operation of the company must be postponed due to circumstances surrounding ongoing revision of the company structure by senior management.
The announcement has been rescheduled for dissemination on October 29th at 5:00 P.M. Central Daylight Time (CDT). The conference call for shareholders will be scheduled for a later date TBD (To Be Determined). Management regrets any inconvenience caused by the rescheduling.
Safe Harbor Statement under the Private Securities Litigation Reform Act of 1995: The statements, other than the statements of historical facts may be deemed to contain forward-looking statements with respect to events, the occurrence of which involves risk and uncertainties, including, without limitation, demand and competition for the company's products and services, the availability to the company of adequate financing to support its anticipated activities, the ability of the company to generate cash flow from operations and the ability of the company to manage its operations.
Contact:
LitFiber, Inc.
Investor Relations
Jim Dial
206.350.0002
Management of new company....GFCI
Jim Dial - President
Jim Dial has a twenty year track record in the oil and gas exploration service industry, joining The Brandt Company in 1977, serving as Manager of Technical Services, Research and Development Manager, and Vice President Industrial Division. During his tenure, Dial participated in the acquisition of numerous companies both domestically and internationally. Since leaving Brandt, Dial has owned, operated and sold multiple private companies; presently, Dial is principal owner and operator of three business ventures.
Jerry Griffith - Director of Operations
Jerry M.Griffith was raised in an Oil Patch family, having served as a roustabout, roughneck and rig builder in his youth. After earning B.A. and graduate degrees, Griffith decided to return to the oil patch as a mud engineer for IMCO Services, a Halliburton company. IMCO was a springboard to a General Manager position in Lafayette, Louisiana with Hunt Oil Tool Company, where Griffith established Hunt as a worldwide distributor for shock tools and drilling jars. After 10 years with Hunt Oil Tool Company, Griffith started Grifco Inc. and Grifco International Inc. Griffith has designed several oil tools and received patents for use by coil tubing service companies. Grifco patents and trademark have an excellent reputation in the oil and gas industry. Griffith remains active in the day-to-day operations of Grifco, developing new tools and designs while maintaining a strong relationship with its worldwide clientele.
Mack Griffith—Mack has been with Grifco from inception, beginning as a shop hand and tool repairman, resulting in Mack’s involvement with tool design and manufacturing. With a complete knowledge tool inventory, Mack entered the field as a tool supervisor. Mack’s supervisor experience extended from the Gulf Coast of Mexico to Venezuela in operations at Grifco International de Venezuela, with frequent trips to Europe as a sales rep.
Doyle Eastep—Eastep has worked with Grifco in a sales and supervisory capacity for the past 12 years. Doyle headlined Grifco’s operation in Venezuela for 6 years prior to returning to the states as a sales rep. Eastep developed a vast knowledge of Grifco’s tool catalog while functioning as a supervisor and consultant. Doyle has some 22 years in the oilfield experience and is a graduate of Louisiana Tech University.
Wendell Taylor—Wendell Taylor has 26 years experience as a machinist. Wendell has manufactured tools for the drilling and production area of the oilfield. Since joining Grifco, Taylor has been responsible for all manufacturing and tool changes. Taylor’s is highly regarded by Grifco clients, and knowledge and commitment to quality is a great asset for Grifco International.
Bill Bellenger— Bill Bellenger spent 25 years with Halliburton Energy Services in a variety of management positions before joining Grifco International. Bellenger’s management skills and industry knowledge have been an integral part of formulating Grifco’s internal structure and company protocol.
GFCI....
Grifco International, Inc. (OTC: GFCI), a provider of oil and gas services equipment to the worldwide oil and gas industry, is in the process of increasing the manufacturing output of its Louisiana production facility via the purchase of machinery equipment, highlighted by the recent delivery of dual CNC lathe machines.
The CNC lathe machines allow Grifco International to better service its clientele by completing orders more quickly and with minimal outsourcing. The CNC Turning Center and CNC Mill are state-of-the-art, easily programmed and maintained, and allow Grifco to be highly competitive with its price quotes and delivery schedule. Grifco International anticipates the addition of the machinery equipment will increase production at the facility 500%.
"The CNC lathe machines deliver a drastic improvement in our ability to meet production days as quoted," said Wendell Taylor, Manufacturing Supervisor for Grifco International. "The new CNC turning center will enable Grifco to increase our tool inventory while completing new orders for our customers. The CNC machines will decrease our average production time by four- to five-fold."
In addition to the new equipment, Grifco International is presently working with its accounting staff to compile and audit financial statements in anticipation of becoming an SEC fully reporting company. Grifco International believes this process will be completed in the next 3-4 months.
Grifco International Inc. is a leading provider of oil and gas services equipment, specializing in the conception, architecture, and development of tools for the coil tubing, wire line, and snubbing industry throughout the U.S., China, Mexico and South America. Grifco's patented products are known and used throughout the world. In addition to our patented tools, Grifco designs and manufactures over 350 products for the Oil and Gas industry with a clientele boasting the biggest names in the business, including Halliburton, Exxon, and Schlumberger. Please visit www.grifco.org.
Safe Harbor Statement under the Private Securities Litigation Reform Act of 1995: The Company cautions the assumptions, expectations, projections, intentions, or beliefs about future events may, and often do, vary from actual results and the differences can be material. Some of the key factors which could cause actual results to vary from those the Company expects include changes in natural gas and oil prices, the timing of planned capital expenditures, availability of acquisitions, uncertainties in estimating proved reserves and forecasting production results, operational factors affecting the commencement or maintenance of producing wells, the condition of the capital markets generally, as well as our ability to access them, and uncertainties regarding environmental regulations or litigation and other legal or regulatory developments affecting our business. More information about the risks and uncertainties relating to the Company's forward-looking statements are found in our SEC filings.
Contact: Grifco International, Inc. http://www.grifco.org Jim Dial (832) 295-1529 ir@grifco.org
I have been to thier website and read over 10 press releases...No where do I find ,, share,,revnue,, or paid for,,, or revnues for any new company brought to GFCI... In one release a new rental agency will be set up in Mexico and they expect 3 to 5 milliomn in revs....do a google of the company and you will find thier press releases have hit almost every oil journal in the free world with out one mention of any revnues or earnings hank
GFCI....
Publish Date : 11/27/2004 1:19:00 PM Source : World News Onlypunjab.com
LitFiber, Inc. (OTC: LTBI) (as of 11/19/04 symbol will be (OTC: GFCI)) announces it has acquired Grifco International, Inc., a provider of oil and gas services equipment to the worldwide oil and gas industry.
Grifco International specializes in the conception, architecture, and development of tools for the coil tubing, wire line, and snubbing industry throughout the US, China, Mexico and South America. Grifco is the leading purveyor of jarring tools for the oil field in the world; Grifco's clientele of Fortune 500 and 100 companies, national oil companies, and supermajors includes the most recognizable names in the oil and gas industry:
Exxon Mobil Kerr McGee
Hydra Rig Varco B.J. Services
Halliburton Energy Services Pemex
Pdvsa Venezuela Wireline Specialties
Progressive Oil Tools Canada Shell
Coiltech Coil Tubing Services
ABC Nitrogen Cudd Pressure Control
Superior Pro Coil
Dowell Schlumberger Steward Stevenson
CNPC (Chinese National Petroleum Co.) Enmax China
Weafri Well Services (Nigeria) J and J international
Sonal Pedcor
PT Wasita (Jarkarta) Maersk Oil (Denmark)
Baker Oil Tool (Worldwide) Weatherford (Worldwide)
Venline (Venezuela) Petro Tech Coil Tubing (Mexico)
TriCan (Canada) Coil tubing Company Blowout Tools
Cavins Fishing Tools San Antonio Services (Argentina)
ACT (Action Coil Tubing)
Terms of Litfiber's acquisition of Grifco include a name change to Grifco International, Inc. to incorporate the Grifco business plan, a new symbol assigned by Nasdaq, and a 20:1 reverse split. NASDAQ has received everything necessary to effect the name change and reverse split for Grifco International, Inc. Effective at the market open on 11/19/04, the new symbol for Grifco International, Inc. will be GFCI (OTC: GFCI).
As part of the acquisition, John Jarvis has tendered his resignation as CEO of Litfiber. Grifco International CEO Jim Dial will assume the role of Chief Executive Officer and President of Grifco International, Inc. Please note, Grifco International retains all Litfiber assets, including but not limited to telephony equipment, accounts, accounts receivable, contracts, Letters of Intent, representations, and agreements. John Jarvis will remain as a consultant to the company on telephony related matters.
A private company for over fourteen years, Grifco has become public in order to reflect earnings and profit through public dissemination and filings. Grifco has crafted a plan to acquire mid sized companies and competitors in the oil services field and align them horizontally in the Grifco service offering to create an oil and gas services conglomerate. Grifco's target acquisitions combine to reflect more than $50 million in annual sales.
Twelve years ago, Grifco engineered and patented a 2N1 (two directions in one tool) jarring system still employed and sold throughout the world. This 2N1 system was the first in the industry which allowed the operator to jar in both directions, as may be required, forever putting Grifco on the oil industry map.
LitFiber is a full service, engineering based, Fixed Wireless, Web Development and Telecommunications Company. LTBI combines expertise in wireless business communication systems, system integration, computer telephony software deployment, IP telephony, data networking with unparalleled customer service. Grifco feels the Litfiber telephony platform offers potential synergy with the extensive International client base of Grifco International, Inc.
Grifco International Inc. is a leading provider of oil and gas services equipment, specializing in the conception, architecture, and development of tools for the coil tubing, wire line, and snubbing industry throughout the US, China, Mexico and South America. Grifco's patented products are known and used throughout the world. In addition to our patented tools, Grifco designs and manufactures over 350 products for the Oil and Gas industry with a clientele boasting the biggest names in the business, including Halliburton, Exxon, and Schlumberger. Please visit www.grifco.org
Safe Harbor Statement under the Private Securities Litigation Reform Act of 1995: The Company cautions the assumptions, expectations, projections, intentions, or beliefs about future events may, and often do, vary from actual results and the differences can be material. Some of the key factors which could cause actual results to vary from those the Company expects include changes in natural gas and oil prices, the timing of planned capital expenditures, availability of acquisitions, uncertainties in estimating proved reserves and forecasting production results, operational factors affecting the commencement or maintenance of producing wells, the condition of the capital markets generally, as well as our ability to access them, and uncertainties regarding environmental regulations or litigation and other legal or regulatory developments affecting our business. More information about the risks and uncertainties relating to the Company's forward-looking statements are found in our SEC filings.
HANK
A direct quote...
Based in Tucson, Ariz., "Fidelis Energy is an oil and gas company dedicated to solving North America's complex energy problems." This is from thier recent press release.... All oil companies should match Fidelis Energy's goal's... I think they have spent too much time in Barbra Boxer's LIBERAL tree hugger's district... hank..... Not knocking the idea,,,Just the quote,,, Do you own DD...
POBOY 38
Now I know you are a lawyer....
ACRG...
My records indicate that on following dates ..........
10/08/02 I was long 61,500 shares marked at 0.37 and on 10/31/02 I was long 83,200 shares marked at 0.40...I remember one day in 2001 when ACRG traded at 0.25 but I was only able to buy it at 5000@0.26 and 5000@0.28.... Also at 10/31/02 I showed a long position in IHTC of 65,200 @0.36.... That stock was so much of an irritation to me that I gave 60,000 shares to my grandkids college fund and sold the remaining 5,200 at over 1.00...They sold thiers as high as 12.00...It became a wonderfull start of thier college education... Herb knows well how much I hated the IHTC management... They changed the symbol and listed on the AMEX..
Lundin Petroleum LNDNF...
Do a google on it...
http://www.lundin-petroleum.com/eng/
ALY,,,ACRG...
ALY is only up 40% since I first mentioned,,, It's a crippled jump... Now ACRG is a full jump,,, Up 1375%,,, since RB days,,,thats a whole square dance... There really is nothing left for me to say on ALY... I've made my line in the sand...Do your DD.... Take a look at LUDNF... I own it and like it...DO YOUR OWN DD... Oil is no longer an anchor on the Dow... We now hear CNBC talking about $80.00 oil... Todays price is then a working high and analysts could bring oil prices for earnings sake to 44/48 per barrel.. from thier 35.00 benchmarks...A rise of 35% to 50% on future earnings estimates...Hank
ALLN...
Herb any thoughts? hank
ALY...
Up 0.14 to 5.24,,,, Volume 70,000 shares...Hank
Spreads and value...
I think that I will get in on this conversation... Spreads are a funtion of volume and not liquidty... Back in my days as an OTC trader I tried to find stocks that I called chunk/junk...I could always find a home for a large amount of stock but really didn't have a thought what to do with $1000.00 worth... I traded stocks like Tom Brown Drilling with a quote of 2.00 bid, offered at $5.00 and would see less than 500 shares a month... Once I had 30,000 shares offered and made $1.25 on the spread and sold it to employees of the company...Tom Brown became very large company... Beldridge Oil,, Wiser oil,, Superior Oil,, Texas Land Trust (TPL)NYSE all had balance sheets that showed great value and never traded... Stock with large spreads are the most likely 10-baggers...No one cares and accumulation is easier than widely covered stocks...BLMC which I do not own could become a 10-bagger if things work out... They own land and lease out mineral rights... It is 45.00 per share...What is it's land worth without oil and what are the royalities worth... This stock rarely trades but it is value....This exposure is more than it's probably had in years...NVR trading above 800 a share sold in the 50's not too many years ago and had no volume... Lack of volume creates opportunity in the market because stocks with out volume trade closer to thier enterprise values and usually lack any add on in stock price for thier future opportunities... Hank..
PHPG....
These are Value Micros...ALY up,,,ACRG up,,,PHPG,,,hasn't changed since the last press release as a company...It's only cheaper and I never average down....Patience is rewarded....When you buy these small caps I suggest that you buy the same dollar amount of 10 different ones...Take your time and let the story work out...you bought ACRG after it was a 10-bagger in my account...If one becomes a ten-bagger all the other's are free.. I will not recommend but if you do a google search on the following company's outside of the U.S. it will expose you to a new world of investing ...WTOTF, OPCDF, DTNOF, LNDNF, HMNRF, WOPEF, ODJAF, NOPEF, NKRSF, PSFSF,,,,Also a couple of US...TGIS, SOTK, Hank... PS I bought a little of this ACRG look alike (when it grows up)......... NOLD @ 50.00.....
Wadegarret....
Your post is one that indicates that you/we are close to an upswing... Market doubts as to direction are at bottoms.... If you look at your last 15 sells are they as a group down from the sale date or is churning the cause of your down portfolio... I sold all banks because of interest rate uncertanty,,, not value...As I usually trade 90% in small banks I too have been searching and have found myself going overseas to buy oil exploration and offshore drilling companies... Time will tell but they feel right for now and that helps the confedence to have the patience necessary to make real returns... hank
ALY...ACRG...
Cream rises... Hank
http://www.paresources.se/ is the English site for PA resources.(PAR.OL)...Is there a pink sheet symbol for this stock....Hank
HWEB...
AMEN, AMEN, AMEN, AMEN, You da man...Hank
ACRG...
New HIGH... 3.79 How SWEET it is....Hank
JMIH...
As I am also long and know something about boatbuilding let me put in my two cents... When building a boat you first start out with a plug on which you make a mold... The mold is an exact duplication of the plug which may of been made from scratch or duplicated from an existing boat....When you have a mold properly prepaired by having the right amount of mold release applied (wax) so as when you apply gel coat (surface paint) which is generally a vinalester blend of resins with a high concentration of pigment it will not stick....You apply the gel coat to a thicness of 22 to 34 mills.... Once gel coat is applied a skin coat of polyester resin is applied with a small amount of fiberglas...This coat is usually 45 to 60 mils thick and when dry will prevent print thru from the rest of the procedure... After the skin coat dries usually overnite the hull is uniformly sprayed or hand laid with multible layers of fiberglas and resin... The thicknes is determined by the boat but on a 10'dingy we use 125 mills,,, and on a 20 fishing boat we use 240 to 360 mills... After the hull is made it is finished with stringers, bulkheads, soles(FLOORS) and any superstructure desired...At this point before mechanicals or any other parts to be placed on that hull you have about 40% of the cost of the boat.... This is why the boat business is so hard to get a handle on... The builder only controlls 40% of the cost... The electronics,,engines, shafts and even the propellers are bought out side along with the trailer to put the boat on... So the next time you go to the boat show remember the only thing that the builder offers you is the fiberglas that everything is bolted to and of course the design and finish that will destinguish the models from everyone else... I can't think of any industry like it except over the road (18 wheeler) trucks where every one assembles and gives options as to engines ect...The boat business is made up of the top ten and then everyone else... Even a name such as Boston Whaler is way down the list of production numbers... That creates an opportunity for nitch markets...JMIH could well have one and time will tell... I just want to leave you with one thought... The boatbuilders that do not survive are the ones that owe the other 60% and the ones that make it have the same 60% knocking on thier door to sell them something.... It is sad but the manufacture of boats doesn't give a second chance...
On the site boatmoldtrader.com you will find some of those that could't keep up with the other 60%... Hank
NOLD...
What a great story... Thank you for bringing it VM... Another ACRG...
Commissions...
Brown is 5.00 per trade.... Hank
ALY...
Am I still holding ALY... The only thing that has changed is the price and shares that I own... In addition to the initial purchases below 4.00 I have added in the 4.54 to 4.86 range.... This is a multi-year story.... ACRG a three year hold closed @ 3.72,,,,very close to its high of 3.75....Patience is rewarded always....
CNOC....
I will speak for my son and the board...This is Value Microcaps and unless there are earnings you are on the wrong board...
GBCS...
The 2500 that traded earlier this week @ 1.28 went to me.... Now that you are aboard would you like to buy some FIND....My son who is an expert on gaming stocks actually laughed at me when I told him that I bought GBCS.. He said because of low limit waging the profit margin was low and casinos under such state laws are usually indian that pay no taxes... I know in Florida a few Poker rooms that are included in greyhound tracks could not be considered real poker rooms due to such low limits... But I am happy to see I have company... Where to ave. down is now more important than where to sell...Hank
Lentinman...
Just trying to add a little humor to a situation that looked like a possible train wreck....Hank
IPT...
How many shares does one have to own to pump and dump... I sold all my xom 07 options about 5 min ago... I hope that does't qualify as a P&D... Hank...
TGIS...
The 75000 share trade was I believe A buy of the previous trades sold out of a MM position... The day before 100000 shares traded the same way.... Means nothing and just makes double volume counts... If there was a seller it was handled properly and if it cleaned up the seller it means nothing on tomorrows trading... The last option is that the market maker bought the position... If so he would of printed up after the trade so as he would not have to mark the position down after the close... Hank
DNO...
I made a posting where you will find more info than you ever need...It was made a couple of days ago...
This post....
This post was in reference to another... The symbol COSWF is avail on any site ,,, Just type in the name....DD,,, Do your own...Hank
DTNOF....
Just bought 3128 at 6.40US...Below is a link to all you ever wanted to know about DNO... Brown charged me $5.00 as always for the trade...Hank
http://www.business.com/bdcframe.asp?ticker=Y.DNO&src=http%3A//rd.business.com/index.asp%3Fbdcz%....
Canadian Oil Sands Trust owns 35.5% of Syncrude...
Its partners in Syncrude are Imperial Oil Ltd. (IMO.TO:), Petro-Canada (PCA.TO:) ConocoPhillips (COP.N:) Nexen Inc. (NXY.TO:) Nippon Oil Corp. unit Mocal Energy Ltd. and Murphy Oil Corp. (MUR.N:)
OPCDF...
Bought some today... A sands startup...
deleted...
As some know.....
I am the publisher of the Public Register and own Baytact Corp...We own or run over 10 websites that are finanical in nature... Bay Tact represents 2200 companies in one form or another in the distribution of Finanical information... The rules that I gave are possible to use and the Pacesetters database is a result of such strigent rules....Pacesetters database is on PRARS.COM... When I brought these rules to VM I did it in an effort to produce diaglog and also stated to Dream on...I can't remember more than a couple of Pacesetter Database stocks in the past 17 years that became ten baggers... I think of myself as quite blessed to have owned seven in over 40 years of wall street experience.... They were NVD (National Video), SYN (Syntex), Cardinal Pete, Beldrige Oil , Dynamic Oil, General Numismatics which became the Franklin Mint...and of course ACRG... Of the seven 4 where positions that were in partnerships that I couldn't touch,, One was founder stock and two were kept because by that time I didn't have to sell stock to pay the Rent... I had one other but gave it away to the qrandkids...Pacesetter Database stocks do me no good as in house rules prohibit me from buying them,,, Also I have been retired for going on 4 years and to me finding a possible 10-bagger is like a kid in a candy store for the first time... I might buy and sell larger positions than most and most of my activity has been in banks,,,SMALL BANKS...But I will continue to scan and pass along with vigor any thing that I find... But I will only give symbols and ask that DD is done by the observer... That way I skirt any investment advisor connection...
Value Microcaps...
The following are my criteria for investing...
1) revenues must be up 9 quarters,,,period to period....
2) income must be up 7 quarters,,, period to period....
3) PROFIT MARGIN must be up 6 quarters,,, period to period...
4) current assets must exceed ALL liabilities...
5) return on stockholders equity must be up for 8 quarters...
If the above are met I don't care what they do,,sell or promote...That is Investment quality regardless of market cap of analyst coverage... Hard to find,,,you bet but if adhered to it's impossible to print a loss for the year....PRARS.COM ,, Pacesetters Database.... If you can find a company that comes close monitor it... If that company meets the criteria,,, buy it with your eyes closed...Price does not make a microcap,,,capitalization does and the exchange of ideas would be better served if quality control of criteria was followed... Just my two cents worth,,, under the rules above ALY does'nt qualify and that is the only idea that I have brought forward...Bob,,,thanks for Callon...also not a value microcap,,,I doubt if the critera above are met a company could be a value microcap... So you keep on looking and dreaming what could be and be flexable with your rules... Hank