getting close to breakeven in 2011 so far
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Every DOG has it's Day
same here. i don't want to waste my valuable time bashing a company i don't believe in. that is counterproductive. I sold a stock the other day in which i felt scammed. but i didn't linger and post negative crap on the board. who would benefit? no one!
I think it is productive and can help others to tell others your rational if you come to the conclusion to sell your stock. But, telling it one time is enough. It is not necessary to go on and on.
I've held BEHL since September 09 and I'm disappointed with the progress. It's a risky penny stock. I've made a bet on algae but it's quite possible we've picked the wrong company. I'm down far enough at this point that I hold for either the tax loss for this year or the big return on the chance they actually start generating verifiable revenue. I didn't intend for this to be an all or nothing bet but that is how it has turned out so far.
I will tell you what is wrong, stocks are not meant for those who watch them all day long getting emotional over simple 5% moves, especially a Pinksheet.
Amen to that brother. I wish I could stop looking. It's hard not to look when you are playing individual stocks. Even harder if you use some margin. I got caught in the downwind from 10,700 to 9,900 and had to cough up dollars for a margin call for the first time ever (on a big board stock). Things are looking a lot better now. Just need a bit more gain and I'll be done with margin until after April 15. Things could get really interesting if I'm strung out on margin and the taxes come due for the 2009 short term gains.
Lesson to the young (and old) investors - using margin is dangerous. Using margin when you know you have a big tax bill coming is really dangerous.
Bake, sell that story to the people that are in this
thing at .05 or above. I am on a free ride with this
stock. You tell me why this thing keeps tanking.
There is not much it can do but bounce around on rumor and speculation until a verified revenue stream is shown. It's a trader's stock until then. They will either show revenue and it will fly or they won't and it will sink to nothing. Just have to wait and see at this point.
I thought it would go up but it just went down down down and felt bad to pull out. It looks like it's a great company and im still in it for the long run. well atleast untill i can get what i lost back.
Penny stocks offer a lot of risk for very high potential returns. Don't put a large percentage of your investing dollars here (or any other penny). You can play penny stocks several ways - trade in and out for short term gains and losses and never playing so much at one time that you are out of the game. Another way to play is to look for a company that is just getting started in an emerging "hot sector". Algae and alternative energy is an emerging hot sector. BEHL fits in here. You have to be patient and give it a chance to fail or succeed. Statistically, the odds are against us. But, if BEHL starts producing revenue you should be able to get out with a profit above 4 cents. If BEHL produces significant revenue, is clearly on the road to becoming a profitable company the the returns will be astronomical. At this point, we are still at "wait and see". Patience and long suffering are key young padawan.
But how many are simply still here because they are down so much it isn't worth selling?
El Loco09 raises his hand and scowls.
BigBake1 that post alone deserves a mark, fortunately I have had you marked for some time.
Where is the mark for the loco one who said the same thing earlier today with fewer words? :)
I want people like 500 and Crystal to recoup their money any way possible.
Why? They put their money in a high risk investment and decided to take the partial loss versus holding for the win or losing it all.
It is extremely unwise to put your life savings into a high risk penny stock.
The capitalism you love is doing its job - efficiently allocating resources (in the form of the lost money) to a high risk company that may yet create value. If it doesn't create value then all remaining investors will lose their money and will be less likely to allocate more money for this kind of thing in the future thus making more money available for some other technology.
Everyone should lock up your shares with a limit sell of at least .50 cents to prevent Naked Shorts from borrowing your shares to perform dasterly deeds.
If she is shorting naked then she won't be borrowing your (or anyone else's) shares. A regular legal short however does need to borrow shares.
Active I Hubbers own 112,729,614 shrs of (behl) to date and time..
Ray, have you got my 1 mil in the total?
I'm happy to see that my loss is currently in the 4 figures instead of 5. Looking forward to a positive number one day. I've had a loss on BEHL since day 2 after I bought it.
Damnit loco you have to remember you promised not to respond to him. No scotch for you!
CE removed is a step in the right direction.
Shiver me timbers (and I mean that literally even though I'm in Florida), a positive word has been uttered. I can go home and drink now.
Thanks for the detailed response. You sound like a very reasonable fellow to me. I try to be likewise... these message boards are filled with people who love to make sweeping generalizations about government waste, public sector expansion, Academics sitting around frittering money away, etc. Most of the time all they are doing is parroting something they heard on the radio or TV and have no experience working in public sector (or even know anyone who does). Anyway, it's kind of pointless to take anyone to task over this issue in this medium.
My apologies. Perhaps it's the case "my ox was gored one too many times today" when I hit your post.
If I can make money and help the planet at the same time then that is as good as it gets in investing for me. I'm hoping BHEL will accomplish that - nutrition supplements and energy from a carbon neutral process. Sad to say it but most of the money I made in 2009 was from traditional energy and REITs. Hoping BHEL changes that in 2010!
So, I can say with certainty that it was you who overstepped. I spoke from my educational experience from my MPA program and my life experiences about government wanting to expand.
Hmmmm... they must do things different on the west coast. :)
Anyway, I can assure you our group and all the other research groups I've dealt with are interested in great science and being sure we can defend our results (which we have successfully done in a court of law on one occasion).
Also, K-12 is not academia.
although wiki is easy to use and might help in quick research, I wouldn't put a lot of faith into it. Anyone can edit wiki info.
The faith is in the organization referenced by my post (that should be obvious). The wikipedia reference was a more concise explanation of the organization then the orgs website.
http://www.ipcc.ch/
i have question, trucks that drive cross country are required to buy fuel in each state they go through for a road tax to help keep the roads up. so if you produce your own fuel how are those states going to get there money.
Most likely they will use GPS tracking data to charge a tax based on how many miles were driven in a particular area.
MOSTLY because CARBON DIOXIDE is not the enemy all the liberal pundits have made it out to be. this a marketing ploy to drum into the masses that CO2 is harmful to your health, the planet, and etc etc. the last report i read states the temperature in the last 100 years has gone up 1 ONE degree, this isn't global warming.
If you are not a scientist who specializes in earth's climate and what effects it then I guess you have to choose who you want to believe.
I choose these guys:
http://en.wikipedia.org/wiki/Intergovernmental_Panel_on_Climate_Change
Since they are trying to synthesize information from a lot of different areas.
Here is a report that just hit the front page of google news:
http://timesofindia.indiatimes.com/home/environment/global-warming/Climate-change-far-worse-than-thought-before/articleshow/5406955.cms
This is research from climate scientists working at the University of New South Wales in Sydney. I guess everyone has to decide for themselves if they think it's credible or not. I think it's credible and stuff like this is one of my motivations for investing in BEHL.
Is human activity contributing to a rapidly changing climate? Well... Seems like a common sense "yes" to me. We are releasing CO2 that was sequestered over millions of years in just decades.
And, at this point it doesn't matter what the US decides to do or not do. It's really up to China and India at this point. We are 300 million, they are 2.5 billion. More of those 2.5 billion decide everyday that they would like to have more stuff (like we have in the US). This requires more energy which is mostly generated with coal which releases CO2 that was sequestered long ago.
The goal with algae with respect to energy production (and I agree with DF that right now energy production is not the best use of algae) is to have a carbon neutral process. You bind up CO2 when you produce algae oil and you release CO2 when you burn it. But, the net effect is that the CO2 is recycled over and over so that there is an equal amount of CO2 being bound up and released.
One aspect of climate change that isn't talked about a lot is that it will be a positive change for some parts of the planet. For example, there are vast tracks of Canada that are very cold and inhospitable. In the future, this could become a great place to live and farm.
Why is it abnormal?
If they are acting on behalf of a large holder of shares and that holder wants to change the price he is looking for why can't he?
Could he raise or lower his price in order to meet his chosen objective or to go to a price where the seller feels he can get a sale?
This is my last reply to you.
VERT's actions are not what is normal for a market maker. A market maker's job is to create an orderly and reasonable market. If they see more buyers than sellers then they raise the price. If they see more sellers than buyers then they lower the price. And, they do this with a consistent presence. They do not (normally) jump in and out of the market to suppress the price with large blocking sell orders when the price starts to pass the 20 day moving average.
I recommend everyone stop engaging this person. It is a waste of time.
It's a conspiracy against you. The evil MM's and naked shorters want your money and will do anything to get it!!!!!!!!!!!
Resorting to mockery when you do not want to (or can't) answer the question is intellectually weak.
It's a legitimate question. VERT's behavior is abnormal for a market maker who is simply "matching buyers with sellers" as you claim. So, I ask you again - what other explanation is there for VERT's actions?
Answers: MM's are not doing anything here other than matching trades. That what trading on an unsolicited basis is.
Then how do explain the actions of VERT - jumping in and out with price block moves when the price starts to cross the 20?
BEHL's value is eroding away day after day. The argument that the value will return is 100% speculative while the argument that it is dying a slow death is evident in the chart, the overall statistics and the overall pattern of decline.
Forget what is taking place and focus on what may come.
That's the whole point of any risky, speculative play (for which this qualifies). You either believe BEHL will do something worthwhile in the future (like sell some stuff) or you don't. Your arguments are old and repetitive at this point. Everyone who is holding long right now has pretty much decided not to take the tax loss and to see what the future brings. Who's mind are you trying to change at this point? I've got 25K at risk, have lost 16K of it if I sell now, and I'm prepared to lose the rest against the upside potential of this sector. If I find evidence of dilution or even the hint of an RS then I'll bail and save what I can. Short of that, I'm hoping the company sells some stuff in 2010. One way or the other, we will all know if we have won or lost by this time next year.
I am curious as to who will be there, I am going, would not miss such an opportunity.
I might go if I'm in the black. I've never been to Las Vegas and nothing there is particularly interesting to me. Kind of wish the meeting was in a different place. Anyway, the probability of me being there and buying everyone a round of drinks increases if the share price is north of a nickel.
What is the argument for this to be at .03 exactly?
Come on Mr. Malone. Tell your friends it's Christmas time and to ease up on our neck a bit... spread some Christmas cheer for us... .03 would be ok, you don't have to let it go higher right now...
for the record, VERT/whoever is behind the manipulation just made a blocking appearance again popping in and out again to suck up about 1.3M shares of buying.
Well and good. As long as the manipulator wants it to actually go up at some point in the future. I'm ok with waiting until 2010 now as the tax bill on my short term profits is going to be hideous.
Since I'm feeling "flush like that", I thought what is another 2K here. So, I bought another 200K @ .0102 (heh and losing on that at the current moment) just so I could have an even 1 million shares. If I'm going to lose 23K, might as well lose 25K and be able to tell people I once owned a million shares of this algae company and together we where going to get rich and save the planet at the same time...
On the other hand, this may all work out... If I'm in the black by the time the shareholder's meeting rolls around in February, I might even go to the meeting and buy everyone a drink for putting up with my whining.
If this thing goes to $1 and I've managed to hold it that long, I might have to start my new career as an algae farmer.
I haven't heard that but I have heard that ENTK's farms are on hold due to financing on ENTK's end.
TD Ameritrade is telling me that ENTK has 3 billion shares outstanding and 2.9 billion market cap. Is this accurate information? If so, that is insane. And, if so why would they have trouble financing anything?
Anyway, I hope that ENTK is using or plans to use BHEL PBRs as they have said they are going to do.
Those days are now over and reconciliation is next.
But, the manipulation that you documented recently came after the CE had been removed. It's very odd to me that a MM like VERT can do something so blatant and not face a penalty for it.
agenda = those entities that have made it a focus or an obsession to make sure this stock is prevented not only from going higher, but also going as low as marketly possible.
So, why doesn't the SEC do something? If you can spot this kind of thing surely they can too? Am I giving them too much credit?
I would not be surprised if the first person who start to count shares,is the same one who want to know what you have in your hand.
Then being made to get this from you.
Meh... knowledge is power and transparency in markets is a good thing.
I have 800K shares at about .03 per share. I'm hoping to sell them to someone else at some point in the future for more than that. Imagine that! I'm not at all sure that will work out but I'm more optimistic than I was two weeks ago. Glad to have the CE cleared and hope to see some revenue posted soon.
If I were Fish I would R/S this dog. Fisher has no control over what is going on. He is doing (in my opinion everything he can to move the company forward in order to generate revenue stream)
No way. With confidence already low, the last thing you want to see here is a reverse split. A reverse split would put a massive screwing to all current common shareholders.
Revenue first. Make some money, don't just spend it. Show us you have a product that people are willing to buy. That is what we need right now more than anything else.
remarkable
I just realized something... this is a new investing experience for me - I've never owned a stock quoted at less than a penny before... would have preferred not to have this experience. Ah well, if I do manage to make some money on this one it will be major bragging rights for sure.
Holly cow over a million share in less than 5 minutes of trading, Would one of you level 2 guys care to explain the volume
Well... 400K of those would be mine... I put in a market preorder 400K@ .011... seems I didn't have any trouble getting them...
I'm betting with my heart and gut here. Something I normally do not do. I'm really hoping the removal of the CE and some other positive news will start us going north again. Just need 3 pennies now to break even.
Dennis from IR used a phony PR to induce people like me to buy more and hold. He told me how great those 10% free shares will be, because everyone here was bragging about what a caring person Fischer is with his shareholders.
I hear you and I feel your pain. I was up 37K with the sponge before the reverse split was announced. I managed to get out without taking a loss but it was very painful to lose all that potential profit. We both know it's the wild west here in pennyland. I can't remember who told me to console myself with the fact that you invested here not only to make money but to do something good for the planet. That was good advice. Nothing wrong with venting your frustration a little here on board. I do it myself but I try to be original and I don't do it everyday.
ANY news on the SKULL N' BONES.?... etc etc etc
How about giving it a rest for a bit.
I'll bet I've lost more here than you have and I'm not happy about it either. But, you most definitely are taunting everyone to take out your frustration. Enough already.
this has been a pump and dump, PERIOD!
You are most definitely wrong there. The "pump" part has been missing for at least four months now. And, please keep in mind that holding a pink for a month is likely holding a blue chip for a year. :(
You can claim a 3000 loss, but you can use losses to offset your gains.
For example, Investor 1 has 10K of gains from 8 stocks, and 10K unrealized loss from BEHL. Selling BEHL today means you will pay zero taxes on your gains (net gain of zero). Buying back in at Jan 6 for roughly the same price means you have realized a benefit from your BEHL investment equal to the taxes you would have paid on your realized gains.
And now you have your old (hopefully) position back.
Not wasted trades. Risky trades.
Phloyd is correct here. The $3,000 constraint only applies when trying to take a loss against income other than capital gains (ie gains from stocks and other investment vehicles).
But, the big risk is the assumption that you can buy back BEHL (or any other stock for that matter) at roughly the same price. It may be a lot higher come January 6. Or, it may be lower and you get a double win. Anyway, if any of us could predict the market with great certainty we would be very rich and probably not be posting here on IB. :)
I LIKE WHAT I SEE REGUARDLESS OF THE CURRENT DOWNTREND...THIS THING WILL FLY AGAIN IN THE FIRST QUARTER AND IF I SEE .10 LIKE I THINK I WILL...THEN I'LL CASH OUT A NICE LITTLE PROFIT. TIME WILL PROVE TO ALL WHAT WE HAVE HERE...I HAVE A NICE HOLDING ALREADY BUT HAVE PLANS TO ADD SHARES AT THE RIGHT PRICE.
Hey! That's my plan too! Well, except for the add shares part (at this point, I can easily calculate my worst case, and if we decline another 27 percent I'll be there... and, I may have to hold past the .10 mark to make up for the way I have suffered these past 4 months.
Anyway, the weekend is here and it's Glenfiddich time! A toast to the wonders of Algae and to all my fellow "brothers in loss". Hang in there, the season of miracles is upon us and our current self inflicted suffering pales in comparison to the tiger who became the cheetah. Cheers!
Approx 1.6 million shares
Sold to the Bid of .013 today
Ahhhh... another depressing week has gone by as we slide down the mud hill...
and, today's weather in Florida is a perfect match to the pps (rainy overcast and cold)
It was depressing enough to short my favorite real estate investment trust (a down holiday shopping season will be good for us shorts, heh).
Should I stuff the kids stockings with BEHL stock certificates??? They do seem to be a better deal every passing day. :(
DF has his PBRs running on the East coast and they are the producers of the first financial harvest.
Do you know the specific location? I live on the east coast (Florida) and would do a "road trip" to see a working PBR working on our first "financial harvest".
15k for research and developement is a non issue. You are wrong if you think this is a problem.
Well... if I had my druthers, I would rather see the spending on R&D be higher than the spending on meals and entertainment. This is after all a startup in a green technology field.
Ah well, with almost 70 percent of my investment already gone I still figure there is more upside than down at this point. I've only been a "bag-holder" once before. If it happens here, I'll console myself with expensive single malt scotch and make a toast to trying to help the planet.
80 million shares sold in Sept. average price 6 cents is 4.8 million dollars....that should be enough working capital..
heh, 400K of those would be mine at very close to that price... I do hope they put it to good use.