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So ipods are unsuccessful? I got it at TJ Maxx.
edit: Actually this is wrong, I actually got it at Marshalls. It was a killer deal.
Let's get this right, surplus inventory, inventory with minor defects, and last seasons clothing or older fashion go to stores like TJ Maxx, Marshalls and overstock.com
Last I checked all these stores make money and are still in business.
Actually the shoes have been produced before, it's just a much smaller production being sold to smaller shops. Sneaker Choice and Blue Jeans just said they don't have them.. overstock has a sku for it and a rep said they are simply not in stock.
I don't think they are being produced in large numbers, I think that's what AVTI was bringing to the table in the JV with JFS, but who knows. We're still trying to clear up this foggy picture from all the half information that was laid out last night.
I think it's relevant that you only called Blue Jeans and called it quits.
So far we have confirmation from a cust. rep at Overstock (take that one for what it's worth); and I spoke to Sneakers Choice who does carry the shoes RIGHT NOW. Blue Jeans, we seem to have spoken to different people perhaps, but the woman I spoke to didn't say they never heard of them or never sold them, she told me they do not have any JohnnyFamous at this time.
Then you only called one place, and the lady I spoke with just said that they don't have them right now. I didn't get her name but maybe we spoke to different people.
Sneaker Choice carries Johnny Famous Shoes, I called them at (718) 658-6401.
Blue Jeans does not carry Johnny Famous Shoes.
Just bumping the post I replied to for people who missed any DD I put up last night and some of my own reasoning behind what I've found.
It's very much inconclusive. I'm following up on other things today to see if I can clear up some of this fog we have in front of us.
Following up to see if a person carries a product is useless? So if I call the stores that are listed on the website for Johnny Shoes; which have unique owners, addresses and phone numbers in relation to JFS, and they say they carry it.. is that useless?
These are smaller shops but it proves that the shoes exist and people do sell them; overstock would not put a sku to a product if they weren't selling it. However I have no way to confirm if they've ever sold JFS... just saying that Joepick posted up some info; how about you follow suit?
I don't care if it's news I want to hear or not, but if we're all participating in this board then we should all be trying to investigate this to either confirm the scam rumors or to be able to concretely refute them.
Good job following up on that. One less thing on my to do list to follow up on today :).
yep, nothing new there.
Also, if anyone has the time to do this early this morning.. you may want to try to research who actually owns the phone number for Johnny Famous Shoes.
I will do it later in the afternoon if I have time but my morning is pretty much booked with other tasks to address. If someone could take this on that would be great.
FYI: no response from Ely as of yet, but it's still early. I will be trying to call Johnny Famous Shoes; as well as Blue Jeans Inc and G Sneaker to see if they stock Johnny Famous Shoes.
I'm 50/50 on caveat emptor. On one hand I don't particularly care because pinksheets.com is a company and their job is to make money. It is subtle blackmail against a company who refuses to give them $3500; on the other hand $3500 really isn't much in the grand scheme of things and I would likely pay it just to look good in public view.
But for me, I primarily trade based off charts so I typically don't look to deeply into CE unless I see heavy dilution or some other shady practices.
So far, while I'm not happy about the huge retracement.. i'm not too upset with AVTI and not too concerned, but maybe this is just because i'm in a pretty comfortable position as of right now. Others holding the stock may not be so lucky...
Remember, always do what you are comfortable with in trading. Detach your emotions and try to remain stress free and you will usually make good decisions for your needs :).
(not directed at you, general message for the board)
well, may be unbelievable but I can't average down anymore. So my buying has kind of come to a stand still for now unless it crashes through .0008, but the last 3 days it's held this ground pretty solid.
Friday's have always been slow days, don't be surprised when we see MM's tick this up and down on piddly trades. (directing this at the board, not you specifically.. hehe) :)
Deal and Done!
yep, we generally have a decent open. It's around lunch time where things seem to go to sleep. Maybe tomorrow we'll wake up and there will be a PR that addresses all these issues that exploded here tonight. Some kind of good PR I think would definitely calm people down and make them feel comfortable to start some minor buying pressure again; which hopefully would turn into momo eventually :)
I have a Cessna I'd like to pay off, let's hope tomorrow is the day :).
I would prefer sexy returns, but that's just me. I won't complain though if I just get handsome, lol ;)
I agree that the guesses and conspiracy theories are getting out of hand. Good job putting together that list.. I appreciate it.
I still disagree on your optimism for tomorrow; and again I want to be wrong here. While I sound pessemistic, I think .0008 will hold; I simply don't think we will be seeing any gains for about a week.
We need MACD to go back to the zero line, and the daily charts don't agree with the 60 minute charts, not even close. When looking at charts; well this is my preference anyway, I need them to agree with each other or at least come very close to being in agreement. Otherwise I simply chalk it up to coincidence on that particular chart.
Just my opinion, although honestly I would prefer that you are right. I have no problem admitting I was wrong.. like I said yesterday, I'll gladly eat my own underwear if I'm wrong because I'll be so happy from all the money I'll be swimming in :).
I think the same thing. I am still going to try to investigate some of the other issues that were brought up tonight. If I get a reply I will post it; regardless if it is good or bad news for us.
time for some weeeeeeeeeeeee?
Just to be clear, I am not saying I agree or disagree with anything. I am just saying that everyone on this board apparently went crazy since the market closed today.
Geez, go drink a beer people and catch some sleep. Stress is bad for day trading, it can cause you to make some costly decisions.
You're not saying anything new. Look I'm going to just say it as it is. You've seriously done a 180 and I do question your motives. I've already said for a while that this stock is on it's down turn and for a while and I told you that I disagreed with your prediction today and gave detail in several posts to you and K-trader why. How can you claim now that everything contradicts when really even yesterday and the day before.. and the day before it's been showing a strong downtrend? I guess people have been ignoring my annotations, well most.. I know some read them, but right here in this particular post you made... you come off as if you're a god send. Trust me, you can't save people and it's arrogant to think that you're their savior... and it's rude to try to force your will and opinion on people. After you left the stock on Aug. 2nd you chose to remain silent up until today when you became really active.
I personally don't care if it goes up or down, I will protect myself regardless.. I always do, If you want to help people then just put the information out there.. don't jam it down their throats. Have you ever interacted with a very harassing car sales man. You're about 10x worse than that right now.
I call things as I see them, earlier I was defending you and right now I'm saying you've gone insane. If this is the real you then good riddance. I prefer calm minded people regardless of the direction a stock is going.
I sent an email to Ely Soledad also. I will post the reply if I get any information back from him.
Weren't you the one touting the Delaware SOS?
I think the problem is your presentation of the information. I realize you're actually posting relevant information with some evidence to support what claims you believe to be true; but you're coming off like a raving mad man bashing the stock like so many others that we've told to calm down.
You may not have had the information until last night but you didn't choose to start posting it until late afternoon, maybe I missed an earlier post by you but this is when I first saw you do a 180 from your previous prediction of this stock being green today.
If people don't appreciate the money you helped them make when it was going up.. then ignore them, I only try to help people so long as I'm in a stock. Once I'm out then I'm out, I try to stay neutral and neither pump nor bash. Your posts come across very emotional whether you are or not and because of this it makes you seem unbelievable; especially considering your previous charts, posts combatting baseless bashing before, and your prediction yesterday for today.
I can see why people are skeptical, to me personally it makes no difference. I don't think Ihub has enough people in this stock to drag it down the way it has been, but at the same time i've been a new trader in the pennies and pinks and can say what you're doing right now doesn't help anyone learn. I want to help people save money and protect themselves; but I want them to understand the why's behind it.. not just scare them.
I mean what have you lost personally if this stock continues to go up or down, you're not in it anymore right?
This is weird coming from you. They actually had Johnnies Famous Shoes and Johnnys famous Shoes listed in the same PR. If they are capable of that who's to say they didn't add an extra S at the end. I am not saying right or wrong; just being the voice of reason.
You can, you just have to pay such a massive fee to do it that you would be pretty dumb to short pennies unless you had the same freedoms the MM's had.
Johnny Famous shoes appears to be a privately held company and not a traded one. Don't think this one is applicable here but good thinking.
actually I can't find anyone who owns Johnnysfamousshoes.com, Ely does own JohnnyFamousshoes.com however:
This is public information available on any site that can perform a 'WHOIS'... just stating this so people realize that this is legal to post:
eh, I don't want to say I told you so either. I guess I'm more keen to evidence I can point to. Don't get me wrong, I'm very skeptical, but jumping the gun after discovering this a few hours ago might be premature.
This doesn't mean you're wrong, it just means let's find out more before making posts that we were just chastising others for making earlier.
You gotta take the good with the bad and keep a cool head. You've done well up until now. Let's research through till tomorrow and see what concrete evidence we can dig up.
Remember, lack of evidence for something does not prove it true, and vice versa. I'm beginning further DD now.
I personally don't think being out of the stock is bad. You did well and made money. I agree that your issues you're bringing up deserve investigation, but this has just been uncovered. Give some time for multiple people to do further DD on these finds to verify this instead of saying the sky is falling and raining fire.
The charts don't lie, it already looks gloomy ahead. No need to call down the four horsemen of the apocalypse to go with it. I think by tomorrow people will have researched further to have a clearer picture of what is really going on. At least I know what's what I plan on doing.
no difference to me, I'm a chart/technical kind of guy and the chart has gotten nasty.
I only play the news when actual news comes out. I can't judge AuroraDude's motives and I can't fault him for getting out of a stock if he felt it was going to just going to keep depleting his initial capital into the stock or to protect his profits thus far if he saw it going down.
While I don't agree with sending PM's to others letting them know you're doing so; I don't fault him for making money and protecting what he has. That's the name of this game we're all playing.
Maybe if people would direct their posts to the original poster where the information came from he could make things less confusing. People are going to Charbie, after he's made it well known he's stepping down from doing charts and being a mod, to get information he did not even give out.
Ask yourself how much sense that actually makes and how much less confusing if you went directly to the source instead of a third person.
The search function works well. I use it frequently.
I think auroradude was the one who posted the information regarding the buyers never hearing of the line of shoes.
I like your posts so much more now that you're not a mod. My kind of guy, blunt and to the point. :)
I agree, it looks cruddy as of now; hopefully the explanation on the chart as to why everything looks like crap will help others on how to identify bad trends forming; although I seriously doubt it. :)
I might have to buy my Aston Martin a little earlier than I anticipated because of this.. oh noes.. :)
Indeed.. this is looking better and better. Good find, both of you! :)
If I had to pick, I'd want Monday morning. People might cool down over the weekend and have some of the interest lost; where as a premarket news release on Monday would catch a lot of eyes. I also wouldn't be opposed to an aftermarket release today :). But truthfully we don't know when the news is coming except for "soon"... so let's sit tight and hold on to our seats :).
Annotated chart 8-12-2010:
Believe it.. don't believe it, call me names. No difference to me. Just giving an honest opinion of the current charts and how I think we messed this up in the first place. Hopefully everyone realizes that this isn't personal; it's just what I see in front of me. I don't control the action to force a chart like this to happen, I wish I had that kind of influence.. I would be sending everything to the moon if I did, lol:
Indeed, I mean VCTY. Sorry; was working on a chart for the other. Feel free to delete that post if needed. I didn't mean to mention that stock in this form.
ALL EYES ON VCTY... everyone prepare for some weeeeeeeeeeeeee