Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.
Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.
I got my tax credit for putting a solar panel on the roof of my suv. Had to spend it somewhere. WAHOOOO
I can only speak for myself. I'm holding to see what comes of the legal complaint. If it's good, great. If its bad, I've taken some profits already and can't complain about watching the stock crater. I can only blame myself for not taking more off of the table, but it's not the first and it won't be the last investment I do that with.
I'm sure there are quite a few new flippers and traders in this since the last pr. I personally won't put anymore money into this unless is drops back down into the basement where I found it. I don't chase winners or losers, but that is just one of my investing rules.
Nobody, really knows the truth of our current situation. There are a lot of accusations and assumptions, but none of us were in the room with Paul and Lee. The anger is normal for a stock decline of this nature. Emotions are rarely based on sound logic.
Just my two cents. and that is about what it's worth.
Or, he is getting a divorce, or in th middle of bankruptcy proceedings and wants to hide assets.
It used to be. lol. And yes that would be really great.
Some pretty decent lots being picked up today.
Some of us are still here. Just tired of reading the redundant nonsense of some.(Not you, but the ones that seem to come out at night with their spamathon.) Just waiting to see what this legal complaint does, if anything. Not sure how long it will take to get results, nor how far down this may go. I bought in at .0002, may be able to buy at that price again and wait for another run. I know you, nor I really want that, but no one really can predict where we are going with 100% certainty.
I will hold shares solely on the chance that the bioharp is real and we will eventually gain possession of it.
We still have a decent amount of boardmarks. Which means the eyes are still here, even if they are not commenting.
So, now banks are of the highest of quality in their principles and business practices?
I am curious to know whether or not ING has actually seen the bonds in question.
Yea, I've been using my head and desk to do that for a week now. I have a couple computer keys embedded in my forehead as well. Knocking on plastic just doesnt have a satisfying feel.
Somebody liked the price at .008
Most of the ones that head our major banks, car companies, insurance companies. The fannies and freddies of the world. The govt of Greece in regards to their debt.
Ethics in business has been highly suspect for quite some time. I know that generalizing too much, there are many businesses and individuals with ethics, but it is rather difficult to find them.
I think you are right about the traders for awhile. For those of us who are still holding, all we can do is wait to see what unfolds.
Since this seems to be the overstated theme of the board:
Webster's Dictionary: lie;lied;lying\ 1. to make an untrue statement with intent to deceive 2. to create a false impression 4. a deliberate telling of an untruth 5. something that misleads or deceives
Making a statement of a man's character without having met him, may also qualify. Labeling a man a liar without knowing all the facts may qualify. Though, without the intent to deceive, it may simply be ignorance revealing itself.
yea, I guess we can't say we think paul will get it together. lol
This baby is looking like it will be a trader's dream for awhile. The volatility and volume may draw a lot of the flippers back in.
The "iceberg," is more like an icecube in a bathtub. This is a subpenny pinksheet stock. Please, ease up on the cryptic, "I could tell you more, but..."
So, does "watchdog group," mean you work for a dog walking business?
What about options Three:
Bite the bullet and sell most of your holdings and hope that the price drifts lower so you can pick up your original holdings at a much cheaper level.
That would assume that you believe that we will eventually get the real device and information that was paid for.
This is a much, much, MUCH longer term play from here in my opinion.
Still here. At the moment just losing "paper gains." Can't say I'm happy, but will wait to see the effect of the Paul's legal complaint.
That is why he is our Moderator, lol.
I'd like a picture from NavyCmdr to go along with the official definition of that beautifully crafted phrase.
To be decent to a company that had problems out of their control. The "sucks to be you" attitude in business generally comes back to bite you back. Better to be a company that has a reputation of sticking by those the have made agreements with then a company that doesn't understand that a large part of business is the relationships you create.
On the bright side of things. This seemingly endless rant is keeping us on the most active list.
Though, new eyes may read today's thread and walk away simply to save their sanity.
I'm hearing that word a lot lately. Accountable I was not aware that that any of us were a Judge or Jury. All we can really do as shareholders is sell. The endless harping and nit picking over whether or not January is a month in 2010 sounds more like a temper tantrum. Since I've spent the weekend watching four kids under the age of six, I'm familiar with the phenomenon.
I'm a patient man as are some of the longer term shareholders like yourself. All of this was unexpected from our initial investment in a tele-medicine company focused on diabetes. My patience gets a bit strained with the emotional rollercoaster some seem to want everyone to join in on. Here is a relevent phrase to ponder, Rome wasn't built in a day.
I don't know our ceo. I've never met him. I've never emailed him. But I do have enough character to not make accusations and assumptions about the man. I can only hold myself accountable. Both for my words and my actions. A friendly suggestion to some here: Hold yourself accountable.
In regards to the last few weeks, the trend of damanding absolute and full disclosure: We are still on the pinksheets. Our ceo is trying to become a fully reporting company. Again, think of Rome. Some may need to read up on the legal rights of shareholders as well as what is and isn't the fiduciary responsibilities of a publicly traded company.
Once again, you are doing a fine job of moderating the assylum. Keep it up.
Looks like about 400,000 shares in three lots, the largest was 264,100
I would also go beyond just reading the ibox. The information gathered here is a rare thing. It is one of the best. Reading every filing with the SEC is a very painful, but necessary beginning to doing your "Due Diligence." Pinksheets.com will have those for the stocks down here in the "Pinks."
Like most industries, financials created there own language to limit who can participate. There are some decent websites that explain what the terminology means. If memory serves, Investopedia.com is one of them.
I would suggest remembering the phrase, "Trust, but Verify." There are some very good people on ihub, but sometimes even the best have a bad day. And everyone has bad picks from time to time.
It all depends on whether or not I can sell one of my winners to add more to my position here.
The volume amounts to roughly $60,000. There doesn't seem to be much conviction in either direction. I would say today is basically a non event.
There is one good thing that could be considered a positive. Eventually more spending will compute to higher inflation. Which is good for the metals. Though, we may have to consider the implications of the exchange rate between the canadian dollar and the U.S. I don't know if that will help or hurt us.
I blame the last eight years for todays price drop.
I try to avoid 400% gains myself. I had to average up to prevent that with this one. Next thing you know, I'll have to think about finding a tax write off in my portfolio. Oh... wait, I've got plenty of those.
Good evening board.
I've posted a few times here but forgot to introduce myself. My bad manners, I apologize.
First off, I found this from a random lurking over on "sheff's" board and followed "911" over. One of my better staulking moments. I made a snap decision and bought a medium size chunk at .021. Within a few days I had a migrane from information overload and bought another chunk at .055. I like to state my entry and exit information so that my motives are not misconstrued.
What's that? You want my opinion on the stock price itself? Oooohhhhh, okay.
This find shows immense potential, that and the authorized share reduction is what really caught my eye. You don't often see that happen down here in pinkyland. It took me a few days to figure out why a company would do that. My "guess," which is all it can be, is that the party that is loaning the 5 million in operating capital needed a guarantee that their position in the company would not be diluted while they were holding restricted shares.(I know a bit of a run on sentence.) This not only is good news and a firm guarantee for the creditor, but for us as well.
I broke one of my hard and firm rules about never chasing a winner. I guess it wasn't so hard and firm after all. Go ahead and make some cracks about that, I enjoy a laugh at my expense
As to the people that seem to know the future around here. Everytime you state that you know what this stock is going to do because another stock did it or a graph told you, doesn't exactly make people value your opinion. In fact, it is beginning to border on spam. The market will do what the market will do. Sometimes technicals work and sometimes they don't. The fundamentalists and the chartist will always be at war it seems. As will the traders and the investors. That in my opinion is the beauty that makes the market.
To the Mods: Thank you for all your work tracking down all the information and translating it into something I can almost understand. I have been in quite a few mining and metal stocks, this is the first exploration companies. I am learning more and more each day. I appreciate it greatly okay, my lips are chapped.
To anyone left reading this: Wow, you have nothing better to do, do you? I'm not a trader or a chartist. This is a long term investment, which is more than a week. I know, that is a long time for most of the fruit fly traders around these days. I tell you this so you know that my shares are locked up and the float is that much smaller. Its not a huge position, but I still have quite a bit more dry powder if I see further advancements by the company.
Good luck to all of you, no matter what side of the trade you're on. And thanks for wasting five minutes of your life, good luck trying to get it back from me.
Some of this confusion, if not most of it is orchestrated in my opinion. The ibox and stickies have gone over most of this, as did the Q&A section of the old website. Some here, primarily the newest posters seem to be "gaming" the situation. We'll will all have to determine for ourselves their motives for doing this.
Most of this weekend's chatter has simply been empty noise. Entertaining, but without merit. Doubts are fine, but it seems like a few are playing the game of "Damned if you do, Damned if you don't," with our ceo.
As to human trials: That question and answer is in the ibox. The answer was, YES...
When did technical interpretations become fact?
So if I design a black box hedge fund and simply program in overbought and oversold triggers, I'll become super rich?
The above is half sarcasm and have serious.
There is nothing wrong with looking at technicals, but there are other factors to consider. I stumbled onto this stock at .021 and then broke my cardinal rule and bought more at .055. I did that because there are a whole lot of facts about this stock and none of them have anything to do with technicals.
I haven't seen any negativity in your posts. You are simply stating your opinion and that is what makes a market. If overbought is a fact, then everyone should short the hell out of this baby. I'm sure the longs would love to see a short squeeze.
You have been around long enough and posted enough to know that you always get push back when stating opinion.
Good luck in your trading.
Paul's management ability has been called into question because he was unable to predict that when he outsourced the website design more than 30 days ago that California would flood. Really?
"Any IT guy could do it, all it takes is five minutes. All you have to do is be smart enough to back it up." seems to be a common theme.
I agree in part , but what if your back up is in the same building and recieved the same damage? Not every web designer has offsite backup. I'm sure the designer is just gonna pop down to Walmart and buy brand new equipment just like that. Our designer may have watched his entire business wash away. None of us know the situation there, but apparently since this is a pinksheet stock it has to be a lie.(that is sarcasm for those who haven't gotten to know me.)
We are still waiting on kfda approval, manufacturing deals and the first sale. None of which were going to come from the launch of a new website. But since this is a pinksheet and far too many seem to be a bit overzealous about what they have defined as DD and the absolute right to know everything about the company, a new website was being designed. In my opinion the old one was fine. This is not a consumer good for the masses. It is a medical device. I'm a bit suprised that nobody has demanded that the bioharp simply be made as an APP for the iphone.(again, sarcasm.)
I get it, some of you are angry you didn't get instant gratification. Others, are worried that they bought into a scam. Some, I'm sure are just having fun trying to spread panic and fear either to pick up cheap shares or they simply enjoy causing pain.
Nobody here knows if this is a scam. Nobody here knows if this device can actually do what it claims. And nobody here can make the decision to buy, sell, or hold for you. If it is a scam, we will all lose money. If it is for real, we will all make more money than we can possibly imagine. None of the profits were ultimately based on the website. It is the device itself that is the key to our success.
This weekend is a perfect example of why the pinksheets are so fun. So, for those who believe: Hang on and enjoy the ride. One way or another, we will get to our destination. I paid for my ticket over a year ago, it has been well worth the ride so far.
Good Luck to all...
Well, I speak from a Scotch soaked heart at least.
If people want to get rich quick, write a book on how to get rich quick. Otherwise, discipline and hard work seem to be the common denominator to success. In regards to this stock, the discipline of solid DD or "blind faith" as others have stated will get us there. If you can hang on through the ups and downs of a pinksheet when it hits, you earn the prize. It is a fun ride, but that could be the scotch. I was here at .0002 and will be here at 5.00, that is the prize for me.
On the bright side: We got some "Buzz" from this. That is for sure.
You are doing a fine job herding the "cats" around here. Keep it up.
This has been one of the most entertaining nights of xmdc history in my opinion. I do love how the internet has made everyone an expert on basically everything. Apparently we have more than a few technology wizards who just hang out on our board. As well as MBA businessmen. I'd like to see the results of a survey to see how many of us are actually Fortune 500 CEOs. I'll guess 15%.
The above was in jest for the hysteria this evening. It's friday evening: relax, be thankful, the world does not revolve around one single company or website.
This evening in no way changes the fundamentals of this company. This would be embarrassing if we were google, yahoo, or rimm. We are a medical device maker that hired a web design company. In my opinion that doesn't reflect on the bioharp in any way. We still have longs, shorts, and tonight we have found out that we have more than a few who peddle in hysteria. All normal for this day and age.
My advise if anyone cares: Relax, maybe they will be able to fix the issues by Monday. If not, panicking has never made anyone money. Other than the brokers that is.
Try not to crash the website when you all hit it at the same time. Form a line to the left, please. And move along at a steady pace so that the person behind you doesn't run over you. We don't need a stampede. The stampede can wait until monday.
The ground.
If memory serves me, someone stated a few weeks ago that South Korea has socialized medicine of some sort. And insiders at Bioharp have government connections.
A giant leap, or maybe a medium leap: The bioharp could be mandatory to all clinics and hospitals.
Now figure out how many patients per each unit and multiply that by $19.99 a month.
a VERY conservative example: 10 patients x 20,000 units x $19.99 = $3,998,000 per month and $47,976,000 a year.
No problem. The company talked about their revenue model in the Oct. 12th press release if you want to read up on it. They may have to fine tune it a bit depending on human vs. animal vs. plant, but I am mostly impressed with the revenue they will collect on the monthly fee. That will be huge if they can get the device in the hands of doctors and vets.
P.S.: thanks wicks.
$5,000 for a single unit. $30,000 for a 5 sensor model. With a $19.99 monthly fee per patient.
How do you compare the slickness? Is their a scale or a rule of thumb? Or do you still do it the old fashioned way? Pick it up and roll it around.
Can you really compare a website to Owl sh*t. I've never surfed Owl sh*t, but the image in my head does make me want to try. Might be better than ice skating. The Owl sh*t luge would be a good event. But, I don't advise standing to close to the track.
My funny for the day. If this board keeps up the "whoa is me" attitude, I'll have to start breaking out more funnies. And I'll warn you, I can start drinking anytime and my funnies will get worse.
Seems the board has some raw nerves showing today. These, three day weekends are tough on the traders.
I'm not sure it is bad karma. The spending of money helps insure others have jobs, taxes are collected, and a free market continues. These are all good things as long as it is put in perspective. Basically, "wheels on the Bus" theory.
The quake was terrible, I agree. The nation of Haiti was well named. For years it has amazed me that such a country exists so close to the U.S. I spent time there in the mid ninties, and nothing has changed. Nor, do I believe it ever will.
To all who wish to donate money, my advise: Do you DD on the CHARITY. There are as many bad charities as there are bad penny stocks in my opinion.
To those who post on a public message board and are shocked that people respond: Relax. There are quite a few long term "investors" here. Try to listen to them, instead of trying to pick a fight or acting offended. This is a pretty clean board, we like it that way. Thank you.
If you did it just now, I have to tell you it is Sunday. No trading today or tomorrow.
I had no trouble buying Katx online. I bought the 12th and 15th. I didn't have to call it in, so I don't know what the issue is regarding your account. Was it KATX, you were trying to buy?
Scottrade seems to be the most conservative concerning pinksheet stocks. That is what I have gathered from previous discussions with other people. I agree with you, you should be able to buy whatever you like.