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well, I sold to get in on another stock move. After leaving this stock it dawned on me that "Say it in Russian" is probably not that great of a movie (in terms of profit it could produce) the more I look at it. Even the "Never Submit" movie is no guarantee of a hit.
Anyway, as long as Ken is associated with this stock, I'm not buying.
Oh well, hope for the best for remaining investors and even James.
flippers... selling high, buying back low.. it'll continue as long as there is volume...
I think this stock will act like eternal images (assuming it really gets portrayed positively on CNN)... which gained 2-4 times.. however, unlike eternal images inc, some of the pump and run up has already occured. So I'm guessin 2x... then a slow decline.. until the next piece of news..
I love mind reading skills.. let me guess.. reverse merger with a corp who's stock is trading around .10?
yes, I wonder about that too.. and the markets are not necessarily competing head to head right now. LFZA seems to be going for the deisel and generator markets in the short term. Hydrogen technologies seems to be going after car conversion, lawn mowers, and acetylene torches.
I guess I was wrong.. the company that was featured "Hydrogen Technologies" that converts water into hydrogen and oxygen is still in business and was even featured on CNN in May. Too bad they don't seem to have any stock options though...
http://hytechapps.com/
This might be one of LFZA's competitors if it ever really started taking off.. Though it does take energy (money) to create the electricity to create the electrolysis however. But I'm not too worried.. if it hasn't gotten big now, looks like it won't get big anytime soon... and of course there is big oil (never underestimate them)..
yeah, I'm thinking $10 is a bit optimistic.. I think something between $1 to $2 is a bit more realistic.. even if there are 500 million restricted shares).
they featured another company that produced propane torches that created hydrogen gas and oxygen from water using electrolysis on my local news station a few months ago. Even said that certain car companies were looking at this.
No idea where this went though. Guessing big oil might have killed this like they killed the real segway (supposedly a hovercraft device), or the electric car.
My guess if this is a legit threat to big oil, they might try a buyout probably. If not, then may get ugly and play with the commodoties market on soybeans or threats...
So not sure if you guys want to showcase this on CNN or not. Keeping the company growing and yet under the radar may be your best bet if you are a true long. If you're in it for 3 months or less, then maybe showcasing it on CNN might be okay.
oh man.. I wonder what this is going to do to the price of oil and gas if this actually does turn national....
Are the big oil companies going to sit back and do nothing? Can they do anything?
wow, and I thought my mind reading skills were toast... but so far everything that i've read from the minds of these poeple has come true.. (Rufus being surprised, the lawsuit, etc).
Btw, Rufus does beleive he does own the bonds.. that doesn't necessarily mean that he will win this however or even that the bonds are necessarily legitimately CSHD's..
If worse comes to worse, shorters may start bribing... (or at least that is what I am reading).
Anyway, this is far from over..
Intentions don't matter.. only results when it comes to karma.
Our-Street has caused a lot of emotional suffering, I do know that. I don't know about money, however. I know he has caused a lot of businesses and investors to lose money even if he has saved some investors some money. How this works out I don't know. But it'll be resolved eventually.. so who cares...
One thing I know about karma from experience is that it is not moral, nor does it judge. Whatever emotions you have caused in other people.. whether it be anger, fear, or whatever... even if it is "Justified" will come back at you.
And I think the same is true for money. Now it may be true that Our-Street has saved some poeple money.. but based on his past actions I think he has caused more harm than help from what I've seen. But then again, I don't know and nobody else knows except for Our-Street (not like anybody really knows and keeps track of all his aliases or his doings). I really don't care. That is his life, and his choice...
I don't think Our-Street is evil... it's just that when it comes to money... he has caused so much suffering.
And I'm a firm beleiver in karma too. I just don't know what will happen with him in future lifetimes...
What does an evil guy sound like?
muhahahaahha
I never said it was a "rampant" problem... I just said that the SEC must have split personality syndrome...
Fortunately there are some that are proposing new rules (I don't think these will pass, but hey, it is a start) on how options trading is done.
well, I saw the slideshow that points out abusive naked shorting. There are "anomolies" if you want to go down that path with the data. There is very little to prevent someone going down to the bahamas and doing this. This is not to say of course the SEC can control everything. Especially with options trading occuring outside the US.
well, fortunately for me, I get my information more than just from bulletin boards. Don't think you'll win this argument if you choose to pursue this one. Even Serfdom has pointed this one out. So it does exist from what I can gather.
And no, I wasn't necessarily referencing this stock - just pointing out the SEC.
SEC must have duel personality syndrome then.. it does a poor job of protecting against abusive naked shorting...
Jesus... I have to admit on Cramer on this one (even though Cramer says never to invest in penny stocks because they are full of crooks or because they are companies who's financials aren't square because of management or financial or whatever..- although he did recommend investing in NITE on one show - which isn't a penny I think even though it does make penny plays). You don't invest in the stock market what you cannot afford to lose.
Oh geez, I"m not going to argue what was argued over the past few months ago about Robby Boyd, the C&D letter. If you want to beleive it, then beleive it. If you don't, then don't. For those that don't know about the arguments were, then they can go back and read about Robby Boyd and the C&D.
I don't beleive it based on what I've seen. But if you want to, or anyone else wants to then go ahead. Don't think it'll make much of a difference now.
yep, they've been attacked more because some of what they've put out turned out either later to be false (like the stockmafia website), or the cease and desist order that apparently used the same exact mail client and version as Our-Street used (I guess you could call it coincidence). Now if you are talkin about unjustified bashing of bashers, then yes there has been some of that here too.. especially toward those that do expose pure facts (or mostly pure facts mixed with some speculation) like with users such as Serfdom. There are others who are not bashers per se, even though they do bash the stock that may have been unfairly targeted (like Hunter for example).
Some of it is deserved, some of it is just plain petty. What we have not been doing here is trying to make a distinction between the two and just lumping the petty with what was an emotional defense against a false attack.
Of course this is ihub, not a court of law. If people want to celebrate and be petty and be immature, that is their choice. It is rude, but I guess it just shows you what human nature is capable of.
um no... this stock has far from being sunny for pumpers or bashers during the last 120 days... cease and desist orders, wild stock fluctuations, short squeezes. stocklemon, false websites...
If anything it has been stormy for both sides... sunny a few days for pumpers or bashers...
That being said, I have nothing against celebrating...
Although this is still not over for either side.
I guess if the charges to turn out to be true, then that must say something about the auditor for that 10k filing. Was he also in on it? Was he also fooled by some fast talking? or was he incompetant? His credentials would seem to indicate he isn't incompetant...., and it is doubtful that an auditor with his credentials would be out talked...
no problem...
If rufus has lied, then he deserves to go to jail...
but then again, I've seen a lot of flip flips within the past months where it looked like either this stock was going to the moon, or was crashing down to the earth... today is no exception...
read my last post... apparently a miscommunication. Anyway. I was also referring to the bashings that were in place other than the filings ( in other words, negative looking forward statements)... not just the court papers filed today. We're arguing basically talking about 2 different arguments...
Oh I see what is going on.. I was referring to just the morning filings, not the stuff that is happening now.. we were talking about 2 different filings...
thanks for calling poeple crazy.. makes them feel a lot better...
well duh, I know that...
I didn't say the stuff that bashers posted was untrue.
It's just that some are speculating in the negative about it.... the only thing we know is what is in the court documents. And so far it isn't really enough to make heads or tails of it.
people that expose scams don't bash a stock based on what if's or negative forward looking statements (speculation)... they simply stick with facts.
What I've seen is people that try to install fear in other people on the worst case scenario (Rufus and txtprinces running off with all of your money to the Carribean because they aren't responding anymore to investorshub).... and a whole bunch of bs that has turned out not to be true within the past few months.
If you stick with facts, then maybe I can beleive you. If you stick with speculation, then you are probably a basher and/or pumper...
I did read them... if you are referring to the papers that the bashers have put up here...
Again, you are drawing conclusions about the cour docs. For all you know, it could have been bashers that made complaints that have brought this about - not necessarily something legitimate or ethical.
you telling me to blame Rufus is like a criminal that is robbing you to blame it on the fact that he has 4 kids to feed and you were in the wrong place in the wrong neighborhood. Sorry, but it is insulting to me because I just don't beleive that bashers are here (with the exception of maybe Serfdom) to protect us from scammers. Makes me mad as fuck when people keep saying this, especially when all they have is speculation to back them up.
yep, business is business. Stealing from the rich and giving to the poor in slovenia, or maybe the carribean, or maybe sherwood forest or wherever he may show up next.
I guess with him it's money first, then things, then people..
unlike Suzy Orman's philosphy of poeple first, then money, then things...
why are people being speculative here? If you actually read it, it is investigating the bonds... There is nothing about it being phony or anything about Rufus. It is just investigation (could have been caused by many things, perhaps people calling, writing letters, or could be something negative).
you know, it is a good thing I can read minds to some extent... no. it is the bashers who got the attention of the SEC...
gives a lot of breathing room for the shorters.. more time to do whatever.
yep... looks like those bashers finally were able to get the attention of the SEC....
I had mixed feelings about the 10k... on one hand they finally showed some revenue (even if it was puny) and had a good business plan and look to have a promising future (let's hope there is no competition however). But with all those stocks given out as payment to contractors, etc, implied dilution... which is what looked like what happened with the stock in the previous few months. I hope they don't keep diluting. Admittedly, I think the PPS probably won't move much right in the down diretion now because most of the stock is probably owned by insiders (and they probably aren't going to sell). So that is good.
They need to get the word out I think and establish a good reputation in order for their business to grow (that is my opinion of course).
probably same tactics as always.. naked short (even at this stage ) to drive done pps.. try and cause panic so they have a chance to cover)...
Okay.. after re-reading the paragraph, I think I have my interpretation of it instead of listening to the pumpers/bashers, etc etc.... (gee whiz.. I guess I have to do everything myself as I should have).
Basically it is sort of a dilution (this is not 100% proven of course as the 10sb doesn't say where the shares will come from - whether from thin air or from existing restricted shares - but I am sure it is 95% likely it is from thin air). That being said, you will get the equivalent of $15 per share after the share issuance (whether or not it will stay at that price, however, is not guaranteed).
It is not a dilution in the traditional sense that most poeple think of dilution however. The big difference is the price reset. But otherwise it is similar (assuming of course the shares are issue from thin air - which is probably the case - and will have to be the case if the PPS drops to a rediculously low price on Oct 30th).
The formula he uses assumes that the pps does go above the square root of 15... if it does, the formula breaks. That is not addressed in the 10sb. If the stock is at $4 for example (which would be great by most longs anyway, since by definition, nobody should have bought this stock at over $4), then there is nothing in there about guaranteeing $15.
So it basically is a similar scenario to the $15 reset - although unlike the $15 reset, there is less of a chance the shorts will have to cover (that is bad), also like the $15 reset, there is no guarantee that the PPS will hold once it is reset (just becuase you price a stock something, doesn't mean it will hold).
The real reason to hold this stock is to make sure that the shorts will cover.... I don't see how this will force a cover.
May Rufus is thinking that the stock will be easier to sell with so many shares out there if the PPS is low?
What about 15/15-15= -14? (reverse split?)
I'm curious.. some longs will just be tired of being strung out with a promise every month of something happening or something that will happen. I guess that is why the massive selling this afternoon. I don't blame them...
911 is probably a signal to bring it down... probably something to remember the future if you ever see a 911 in a trade for this particular stock again...