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"...Finally, I would not have a stop loss behind my CCME long position going into March, as these will likely be "harvested" by drops engineered to snare them and whipsaw longs out of their positions...
great advice
that had to be the most retarded robot i have ever seen. wtf was that.
I think it takes institutional investment, otherwise all the CGS companies are traded by and small retail guys (like me) that freak out at any sign of negativity.
one turd in the pool and everybody gets out. Hell, even RECYCLED BS on SA, causes a sell.
"...In particular, a degree of professional skepticism is required to protect the shareholders and the investing public, on whose behalf you are actually engaged. In detail, SAS 99 requires pro-active “brainstorming” to identify areas where the entity’s financial statements might be susceptible to material misstatement due to fraud..."
THIS is bs and MW will run with even the most minor infraction. Then again, a glowing SAS 99 would SINK the fraud issue once and for all. DO IT! Fill it out and stuff it where the sun dont shine!
where are you guys getting money to buy more, and are you leaving cash available if it goes down further?
I think this group has more than adequately proved that CCME is not a fraud, but what is the likely hood that they 'fudged' their numbers a little, even accidentally - say 19,981 buses vs the 20,200 - i mean, how the hell does someone count all those buses accurately? that is, I am worried that they have NO wiggle room now with all eyes on them.
I was the 'smart guy' that sold at $23, then went ALL in at $20 and haven't sold a share. CCME makes up almost 40% of my holdings, im deep in the red, but the support on this board has been outstanding and i trust this crew, not some fat-lawyerlike-dipshit that hides in cyberspace. so to me its like texas-hold em and i got a pair of jacks and MW just flopped another jack in front of me.
Can the moderator, or somebody, please update the IBOX? Even the news box is over a year old. Ill admit, I often turn it off, but after following all the drama on CCME it appears this is a good venue for keeping things current and 'real' vs. bs that ends up on google searches.
regards
Good grief now forged documents? Is there any historical example to lies running this deep? We need to document the names and aliases of each one of these authors and brand them digitally for life. Disgusting.
thanks again, I very much look forward to what you find.
thanks for responding. So you think this point IS valid in the MW report?
i am pretty sure the CGS board respects the Geoinvesting board, so therefore i will give it a chance, but why are they tweeting for management to address pages 13-14 of the MW report?
why would ever look at that thing again?
can you guys spoon feed us which posts or authors to bump at YMB. I am too busy to follow yet a second board but this seems like a good idea.
interesting how the children of these scam artists are 'dying'
http://news.yahoo.com/s/nm/20110204/us_nm/us_enron_skilling_son
i dont see the typical CGS drama coming to this stock but it will be manipulated just the same which could present some great entry prices. im back in at 10.90 and will try and catch those flash 10.40s
Foggy
So, GeoInvesting tweets the Citron report, and posts it on their 'Blog' portion actually EMBOLDING the hurtful sentences, and just leaves the whole article HANGING!
to me, that is just as unethical as Citron. Someone posted about the poor guy who works all week and cant watch, and read, the drama unfold so therefore opens Firefox - opens google finance - and reads the Citron report over and over. the reason im bummed is cuz i am out of cash. found another 3k and bought at 17.43
i guess its safe to say, this news will take awhile to settle. unless you keep up with IHUB and on a daily basis and know the true players, or have the time to sift through hundreds of messages, how the hell is someone to know the citron report is the fraud and not the company? I already had one friend call me and forward the street.com parroting. sigh.
"...That jokester is of course our own Joe Natural..."
Is this True? is CCME.Chicken at YMB really Joe Natural on IHUB?
I asked yesinvest.com put up a chart on CCME - more coverage!!
http://yesinvests.com/?page_id=344
i doubled down at 2.50
can someone offer SIAFs number one (and 2) competitors or an example of where SIAF could or should be headed? Are they trying to model themselves after an established business model or are they unique in their approach?
there are obvious pitfalls in this type of analyses and please comment if it is poor taste to do so, unrealistic, or even just wrong, but maybe it would help us reference SIAF benchmarks as they grow.
tia, Foggy
luv that AH 20K trade!
ive lost a sh(t ton on options w NEP. hold a ton at $2 from years ago when it was cneh but damn near even now. sey - la - vee!
"...Around the end of January, NEP will likely publish its preliminary Q4 oil production data..."
my poor, poor Jan22 calls. RIP.
gooooooooooo sgti!
up 10%!
yeah, yeah, i know, dont burst my bubble.
Has anybody ever met Carson Block - "Muddy Waters"?
sorry to hi-jack this thread on xmas eve, eve, but i am just trying to learn how this guy operates. I was at geoinvesting reading about ONP, and was struck by the comment made by the CEO claiming Carson and his dad visited the company posing as a research group
Is this normal? That is, is this how shorts get their information by sending in undercover people faking business relationships?
And to ask the obvious: is it safe to assume Muddy Waters shorted ONP before publishing their findings?
Not sure how many 'reports' this guy has left seeing as he has a rant for our CGS group.
A+. Thanks.
Seems like you followed the price action more that the news cycle on this one, which is not as interesting. I think your expertise is understanding a companies revenue trajectory, and if you can 'call' a break before the news hits the wires!
much thanks
boy do i have a question:
is this jacket water-proof? Have you SAT in the rain for any extended period of time??
LTUS has been a darling of the internet for years. i bot it YEARS ago when it was sliced bread. i think the pwople who really do DD on these boards do an exceptional job, its just that it takes FOREVER for the masses to catch on. which makes, sense: show me the money - quarters and quarter of good numbers, no BS, a sober CEO, and VOILA your rich.
wow. thats really big. i hope the best for you, and really apprciate when you post your buys and sells.
have you considered traveling to china to visit something related to WKBT? It seems weird that we throw KKKK of dollars at these companies relying totally on paper reciepts posted on the internet.
still long in the low 3's
Pappy - thanks for thoughts on WKBT; your like EF Hutton of 2010!
just bought at 14.97 cuz i could. LOL
better get back to my day job cuz my 1100sh at 16.30 is really hurting right now.
i was in last month at 10.08, never had the cojones to buy more in the 8's. might not see those levels again!
thanks for updating my math - that was embarrassing.
whew. that's a lot of numbers to digest:
"...AERL’s net profit before general and administrative expenses is typically 0.45% of the Rolling Chip Turnover..."
NOV: 0.045 x 1023M = 46M gross?
NEP emails no good:
Edward.Rule@cnepetroleum.com
Ruishi.Hu@cnepetroleum.com
Steven.Chen@cnepetroleum.com
Shaohui.Chen@cnepetroleum.com
Pappy is there a time frame you have with WKBT news? That is, are you looking for guidance or news by a certain date?
I am still amazed by your sell with BSPM which you soley called and disented from in a large group of optimists!
TIA
started my first position at 7.03 today!
bought MORE Jan 22 2011 7.5 Call at 0.30. avgd in now around .40
yikes. im sweatin to the oldies now.