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"I've found it very necessary to mislead people in order to make money. I've found that I can be completely honest and still get my cheapies. Maybe I lose a few hundred dollars, but I make thousands and can sleep well at night.
It's all about Karma. ""
Apology accepted.
I've never found it necessary to mislead anyone that is why don't make statements about the honesty of guys I don't know (BOB). That is why I try to stick to the facts and if the facts are that this stock will never go above 2 cents, People should not talk up the possibility of contracts in China, Canada and Nigeria. That portrays it as a long term buy and hold.
It is all about being honest not on the buying side (the stock will go down by itself) but on the selling side (pumping)
I don't do this and that allows me to sleep at night
GLTY
so it was $.025 in 2005 (year of Katrina) and in 2010 it peaked at around $.016. The rest of the time it has been pretty much between .009 and .001 or less from what I can see.
I'm just trying to get a handle on this patience thing.
GLta
Can someone tell me the last time this stock was above $.025 per share. Just curiuos
thanks
If you are looking for this stock to go up. You have (IMO) to look at the expected value of this stock given the dollar amount you think it may rise to.
If you think it will rise to $.50 then the EV is:
(probability of risng to $.50 times .50) minus (probability of not risng to $.50 times your cost basis).
wishing and hoping have little to do with it.
I wish it will go to 10.00 dollars every day but everyday it stays around .002 --.003
GLTY
yes I do if there are 100 million shares outstanding and the pps goes up to $28.00. Then the market cap for that firm has gone up to 2.8 billion. I call that significant. What happens to your small amount of shares does not matter. It's what happens to the overall firm that is in play.
i.e. BUGS has roughly 340 million shares outstanding you may have only 200. If the PPS goes to $28.00 then bugs market cap will be 9,520,000,000.00 but you will get 5,600.00
I may be wrong but I think that is the way it is calculated
GLTY
If green mountain was down 48% in one day it lost almost half it's market Cap. I don't find that insignificant. This whole outfit is looking more and more like a fish on its' side.
I don't like to engage in schadenfruede, but I this think may be an appropriate correction given the absence of official info. Hopefully things will reverse IF we ever get a signed agreement.
GLTA
you are right, it will break one way or the other
BOLTY
Shell may have turned IT into something Akin to the surface of Venus, But US Microbics still has to have the Horses (products) to pull IT out of that Morass. Plus we are still confronted with the fact that there is no confirm on any AGREEMENT.
GLTY and to all of us
your optimisim Has no upper bound
Best of luck to you
I hope you are right.
GLTY
Actually I'm 25
by the time this thing pays off. I'll be in a nursing home.
But best of luck to the rest ot you
You have hit the proverbial nail on the head.
there is no proof and there is no performance.
The current PPS is a reflection of the likelihood that one or more of the above will take place
GLTY
I don't know louie brun. I don't know that he went to Nigeria or that he spent a weekend in Modesto. I don't know Bob Brehm. I cannot assess their ability to make this thing work going forward. All I can do is look at history and although there are indications that this process may work, none of those indicators are reflected in the share price. The article (dated 7/2010) about microbes in China is vague with no follow-up. You may believe in these people but I need proof, I need performance.
Best of luck to you
HaHa JMO I think you are more than generous giving it a 50/50 chance (using a balanced fair coin). I think 70/30 is a little closer to the mark with a 70% probability of youtube.
Best of luck to you
Maybe we should buy some ADR's of Weiyeyuan. Because there is nothing happening here.
GLTY
636,917 total volume
444,146 Total Short sales
69.734% of total sales are short sales
Source http://regsho.finra.org/FORFshvol20101108.txt
GLTA
how much money are you willing to wager or put up for this joint venture. If you beleive in it you should be willing to buy in at any price (.004 to .10)and buy all you can. All we have is a PR release generated by those wo have the most to gain.The facts are that this stock has a track record that is abysmal. That is a historical fact. I wish it were not so, but it is and trying to put a pretty face on this by talking up oil spills and unverified joint ventures is unrealistic at best.
Sorry
GLTY
the buys and sells in this stock don't make any sense at all. I would say when you have made some $'s get out and wait for it to drop low to re-enter. I don't see any long term future in this company at all. I don't believe what they say and those who speak of oil spills are just engaging in wishful thinking. I wish it were not so but I can't ignore the facts. JMO
GLTA
on Friday 46% or 656,000 shares were shorts sales. Probbably happened in the latter part of the day, driving the price down with little time for recovery. Right now I see nothing that will punish these shorts by making the pps go up after they have made their trades.
GLTA
I think you are one of the few making sense here. We cannot trust any news that has not been authenticated by a reliable news outlet. The bugs web site in just insufficient. Caution is called for here we need something more than PR that is controlled by Mr. Brehm.
the latest finra results are
301375: short|1101500 Total volume, or 27% of all trades shorts. The question now becomes who is playing the short game unnamed faceless traders or insiders. JMHO
GLTA I want to see all position holders make a lot of cash! Buy an Island and drink Carta Blanca's
I agree GTC/AON for $.50
GLTY Viva
remember program trading will decide your fate in a micro-second
caution: This will dry up some trading volume
20101102:date|BUGS:symbol|1201028;short vol |2932785 total vol
percentage of vol attributable to shorts 41%. If there is nothing to keep these guys honest they will short this stock then buy it as it slides down
Info from finra.org. We need credible PR statement
GLTA
It seems like most of serious trading happens between 3:45 and 4, But without PR from something other than their website I question whether this run is sustainable.
GLTA
I think your question contains its' own answer. If the need was so great we would not be having this discussion
GLTY
I hope so because if we get stuck at this level with little chance of upward movement it will be an open invitation to short this stock.
big $'s to all of you I hope
If the news hits the air. Anyone who has shorted this stock will be squeezed like a lemon under a car tire.
p.s. The new upper resistance levels are .0046 then .0051
GLTA
We will see where we are at 4:00 pm. Hopefully above .0046
GLTY
According to BARCHARTS.com resistance is at .044 then .0046. We have yet to become a strong buy, but we are a buy nonetheless.
We are clearly above the (parabolic time/price) curve
GLTA on $'s to be made
As long as we can punish the shorts. $.01 is a real possibility
GLTY
I would really like to see this PR get picked up by a reputable news organization. That would increase the buying pressure and add more risk to the shorts.
Are you re-engaging the discussion. your positions are objective and welcomed
bolty
What is your opinion of these proceeding. I see a lot of chart indicators turning positive. However I am not sure the optimism is warranted given the vague nature of the PR. So please tell us if you are in touch with MR. Brehm, is this legitimate?
I stick with my other post. I would feel a lot better if we could get a legitimate newswire confirm. However I'll take any uptrend.
GLTY
I kind of agree with gsxman #12298. I would feel a lot better about this if the PR was at least on google. However I'll take any uptrend.
Never look a gift horse in the mouth
BLTA
Trust thyself only, and another shall not betray thee.
Thomas Fuller
listen to what they say and weigh their words against their actions.
best of luck to all
If the volume picks up at this PPS this will begin to look like a lemming migration
that's fuuny