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 agree with you I have held this stock since the Microsoft suit and watched it go nowhere. Perhaps this time will be different but a health dose of skepticism is warranted
barcharts.com SELL
http://www.barchart.com/quotes/stocks/BUGS
maybe I should rephrase that to hopefully there will be some damages awarded. This time
Their financials came out on friday and did not look good. Thus the fall
There has to be some damages awarded or royalties paid. Then we will be on the appropriate glide path
you are right the pinks are a crap game. However I have taken a penny stock from 9-15 cents to 3.25 and it is now in the 4's. So there is money to be made, but it's all about who's running the company and their track record. NOT IN " I BELIEVE, I HOPE, I KNOW HE IS A GOOD MAN" so and soforth,- but proven results via a track record
GLTY
you seem like an Honest guy in a world where that is a rare commodity
you are a gold mine thanks! I like the way you think and your general attitude Thanks a lot
bye the way have you ever read "Patton. A GENIUS FOR WAR " BY Carlo D'este
this thing is falling like a rock
trade--thanks, I did it
trade--thanks. When I get time I'll see what I can find
http://www.barchart.com/quotes/stocks/VCSY
interesting movement
trade- I see where the CEO had loaned the firm money at a rate of 10% compounded monthly
do we know who was or is doing the consulting
it's not completely unusual for distressed companies to rely on consultants for help (healthy companies don't need them) but 2,848,099 in total compensation for 9 months of work seems excessive. I hope this is the last we will see of this
the reverse stock split has taken the shares outstanding down to around 27 million. 51% are held by canon so 13.23 million are avaiable not counting restricted shares
I am somewhat familiar with the consulting industry. A 2 mill client is not small. They should provide us (as shareholders) with name of the consulting firm and the account exec in charge and they should also possess an itemized bill for time and services rendered.
Although I don't know if they will provide this itemized statement.
The other info is general enough to not cause any problems. I don't think
thanks!
I agree sell the company if you can't run it. 2+ dollars of expenses for every dollar of revenue is a losing equation. not to mention the dilutions
I wonder if the charges for consulting of $1,773,336.00 includes the $937,013.00 listed at the bottom of page 10 as value of shares paid for consulting. Plus another 137,750 (listed page 11) all in 2010
For a firm with a 16 mil deficit that a lot of consulting costs
I hope generates a lot of revenue
Maybe the are 1 time fixed costs, but it does seem like they are spending 2 dollars to make 1. However the increase in revenue is impressive
thank you
could you provide a link to that I can't find it anywhere
Thanks
the new symbol for this is ALTID
Canon investment holdings is HQ'ed in Hong Kong. They have purchased controlling interest in this firm (51%) It looks like Canon's parent company is Zhuhai Yintong Energy Co., Ltd. (YTE). It looks like they are going to make these batteries in china
I've owned this stock forever. It's almost like 10 year old popcorn strings on the christmas tree of my portfolio
A lot of insider buy in the first half of this year
from what I can see (to answer my own question) it closed at 2.64.
I think
has this stock started trading yet?
AT&T did a 1 for 5 reverse stock split on 11/19/2002 and it took the pps to 25 so it's not necessarily a bad thing, but it usually indicates weakness in the company
I read the PR and it does sound good or it could just be Microsoft redux. However I did see where Wade gifted 1 million shares to somebody on 9/27/2010.
P.S. I do own this stock and I am new to this board
Thanks I agree with your assessment.A steady income stream would be beneficial.
One good thing about this board is that there seems to be a healthy level of skepticism. Unlike other places where all you get is a bunch of cheerleaders.
Date|Symbol|ShortVolume|TotalVolume|Market
20101116|BUGS|1914911|3412622|O
http://regsho.finra.org/FORFshvol20101116.txt
thanks
BOLTY
It's good to hear you say that. because as shareholders we should turn the screws on these guys. There job is to maximize shareholder wealth and if that means being bought out then so be it.
GLTY
thanks. I agree with you. It's best to sell into the so called good news and not to listen to the cheerleaders
GLTY
I don'y know about the Mexican operation,(I am new to this board) but at least this PR is part of the public domain. It will remain so 6 months from now and can thrown back at management then. Unlike other companies that make PR releases on their web sites that can be altered (by them) at any time
GLTA
I have not been following this stock closely. I have a modest position in it. What do you guys think of this news story
At least it was on legitimate news wire not the company website or youTube. Any thoughts?
GLTA
You have no idea what I have lost or gained.
But the best of luck to you buying at these levels
Typo or freudian slip, that is for others to judge. I am glad to see you acknowledge the level of BS that goes on. Myself I'm not adding anymore to this position untill things change. I believe it's just throwing good money after bad. If you think that's Bashing so be it
I see you alter your post but that quote was a direct cut and paste