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.
Derf,
So what's the problem- Don't tell me you don't have that at your place now? Mmm, now let's see, 3 car garage and must be on Stanley model 6344 environmentally friendly garage door openers and native oaks must be certified bug-free and fertilzed ever 67 days, etc. OK, I am exagerating a little bit. Almost sounds like an overt attempt to appeal to the noveau riche (or a con?)
Get yourself a copy of Tampa Bay Magazine. Mine is home delivered, but you can buy it I'm sure, on the internet. The editor is a good fried (aquaintance) of mine named Arron Fodelman. Magazine is full of places that make that house look like a shack. Like every nice city, there is a lot of money in the Tampa Bay area.
Derf,
How'd you get a picture of my house??? LOL, not quite. You are talking $500K and up, probably more like $1 mil and up. CLose to Tampa and CLearwater, close to the beaches although not quite waterfront. At least I know where Hall's share of the profits went now. Maybe that's his new home.
Yeah, that's my thought. Unlike anything related to PCBM, this project could be worth $millions. It's already taken a lot of money to get it this far, although I think Huck had found some defaults on bank note(s). The property is highly valuable and as of 2001 most of the roads and pipes were already in.
Thurston Groves is a Nevada Corporation, but private. As far as we know only Hall and Harland own the shares. I can't see a need to go public with a reverse merger or even a clean shell unless they feel they can make more money with P&D than by selling 48 building lots. Doing a little math here in my head, The property went for (I think) about $3 million. Probably another $2 million in improvements. Since respectable builders like Ruttenberg would be building the houses, wouldn't be much kick-back there, so sale of the lots would be the only income. 48 lots at $100K would only be break-even. So this could all be window dressing and selling shares could produce maybe $20-$30 million or more if done right by following the PCBM model.
Geo.
Now I figure a PR hinting that PCBM might merge with TG might get a little run going - same officers. A little extra cash can't hurt. In reality if they can make this development fly, the last thing that they would need is to split the money with the owners of 25 billion shares of a yet unrelated entity. There is no end to what devious minds can acomplish.
Geo.
Too much free time on one's hands can be bad. I think I might now know where Hall's share of the PCBM scam money went. I was looking for some info on Floratam sod that I use on my lawn and accidentally came upon the sod restrictions for Thurston Groves. I looked a little farther. It appears that bonding issues were resolved a while back and the Developer, a Mr. Bruce Hall, was going forward at that time with no problems. Someone put up a lot of money to lay pipes and pave roads, most of which was done before the bond.
http://www.sptimes.com/News/093001/SouthPinellas/Builder_overcomes_rul.shtml
That got me to the website for Thurston Groves. Sure looks a lot better than anything PCBM ever did. http://www.thurstongroves.com. Site is current as of today's date and Hall has signed up some of the finest builders in Pinellas County to build these $1 million houses there. Does anyone know if lots are being sold and houses built?
Another interesting item is that when Mrs. Thurston died in 1998 this property was sold at auction to pay taxes and bought by a Mr. Harland. He sure buys some nice stuff at bargain prices.
Geo.
Thanks, I will try that.
Geo.
Yeh Bull, how did you do that??
Yeh Bhll, how did you do that??
Excuse me I meant P
I see I can't do superscripts and greek letters here, unforunately, but the formula of probability of success (P) = e (the natural logarithm) to the (-lambda*t) power, where lambda = failures to perform per million hours and t = the time period under evaluation (waiting for event to occur). As anyone can clearly see from this formula even as t approaches infinity, the probability of success remains very low because of the large number of hours where there has been no success. In fact P is approaching zero as we speak.
Geo.
I see I can't do superscripts and greek letters here, unforunately, but the formula of probability of success (P) = e (the natural logarithm) to the (-lambda*t) power, where lambda = failures to perform per million hours and t = the time period under evaluation (waiting for event to occur). As anyone can clearly see from this formula even as t approaches infinity, the probability of success remains very low because of the large number of hours where there has been no success. In fact e is approaching zero as we speak.
Geo.
Hi Rick,
I got the other 95K shares. I went up to .0082. At least I will be able to sell them as one lot that way. Might be a mistake buying that sucker this time.
Geo.
Rick went in before market for 100Kshares at .0079. Got a fill for only 5K whoopedoo! Ask is now .0082, so may not fill any more leaving me with a $40 transaction ugh!
Dude-
It's worse than that, The statement was:
"We don't have access to insider information to those claims....FACT
The end result could be good....FACT
The end result could be bad.....FACT
A GOOD result or a BAD result means 50/50 chance either way....FACT"
What you do have access to is enough info such as SEC suits, dilution, no asset PR, etc. so that you could assign reasonable probablitlies to the statements. I would give weights, based on known facts as follows:
Odds the end result could be good .0001....FACT
Odds the end result could be bad .9999....FACT
Chances of a bad result are therefore 9,999 out of 10,000 and that IS a fact"
Geo.
Rick,
Did not get filled. Will try again this morning if it goes back to .008.
Geo.
She's right you are being stubborn, but I like you anyhow. I'm going to do something important now. Turn off the computer and go eat. Don't want to keep Jeb the Gov waiting on me.
Geo
Susie where the hell have you been?
This board is a PCBM love fest not a food fight. I consider all these people "efriends" and respect the intelligence of most of them, even BnB (and certainly you).
geo.
TIME OUT, TIME OUT!!
Why are you people fighting with each other instead of the enemy? I'll join in with my 2 cents worth here. We should never make fun of some innocent person that was duped. Even like Jeff Andle, once he admited he was had, he was forgiven. It's those bast^^ds who still try to use "bragging rights" to con others into buying their garbage. I see no problem making fun of their stupidity. For all we know Alan and the "Trust Thy Self One" may have never bought a single share. If they want to brag about those kind of losses they deserve to be shot at because they put the targets in the middle of their own backs.
Geo.
couldn't have had this much fun anywhere else you say?
I dunno, $190K would go a long, long way at Paulie's "Palais du Poontang" based on the prices when I was last there.
Just put an order in for 100K shares at .0081. We will see if there are any bites.
Gambler's personality? What was your second clue? Anyone who plays pennies does. BTW I am going to Vegas March 26-29. Staying at the Rio Suites (free because I have a credit line there). Youngest son's getting married at the Bellagio on Sunday. Anyone out there want to get together give me a shout. ernstge@hotmail.com
Ouchissimo! The key phrase in here is "invest4: put on a blindfold, and throw your best dart in the dark. waiting on value to be added."
How the %#%$ can anyone invest that kind of money with that logic? Who in their right mind would throw $190K at a penny stock that never had a real product or income? Of course the blindfolds were self-inflicted when all those "savvy investors" started profusely using the ignore button. By not hearing what they didn't want to hear, they limited the inputs necesarry to help make an informed decision. I guess I will never again misunderestimate (Dubya speak) the stupidity of people. He could have given me that money. I could have bought a nicer boat and at least given him a ride on it. Come to think of it, I guess he got taken for a ride anyhow.
geo.
Rick,
Worth it just for the piece of mind. I am tempted to get back into ATNG at .008. I had named that as my entering price, but it could go lower yet. It's a certian scam IMO, but it may have one pump left. It's .008 X .0085. Might just put a bid in at .008 and see if anyone bites.
Geo.
"Who's on first" is an all time classic that will probably never be outdone. Of course George W. saying his tax cuts are for the poor and middle class is hysterical also and done with a straight face besides!!
Geo.
Lighten up Susie. I was only foolin'. I don't dislike some people on the pro side of PCBM either. Who I dislike are those that lie to entrap and damage others. That's indefensible no matter what the personal persona is.
Geo.
Maybe Susie is Alan/Hoochie/SBG/Jerry/Ala*n and Slurpit.
Nah, she's better lookin'
Geo.
Huck,
I know I am preaching to the choir, but there was no naked short of significance in PCBM. If there was serious shorting, it was by insiders when they shorted shares that were backed up by restricted shares for future covering. Those were the ones they would have shorted in the .05- .12 range. As you so astutely observed, those were probably the shares they dumped and bought back up at .0001 to cover after the 2 year restriction and after they drove the company into the ground. That explains why the price never really moved even on billions of shares traded. They didn't need to make a profit on those shares. They only needed to get them into the market so they could buy them back to close out the short postions. Brilliant, actually. That scenario explains why they never pursued the payday loan thing, even though it could have made money. Instead they changed their business plan to buy an obscure, rundown used car lot 1500 miles away. Payday loans could have never provided the management with the profit they made from those stock sales after seeing to it the company share price would approach zero. These new rules won't protevct that sort of thing retroactively nor probably even in the future.
Now what I want to see is if a flurry of sale activity occurs before or at the first of next month. That will tell me if they are going to keep PCBM alive for future scamming or if they will use a new vehicle for the next P&D. There will always be more Alans out there.
Nice to know that Alan is Hooch (or so it seems). I guess I'm a bit naive, but that did surprise me.
All just my opinion, of course,
Geo.
Susie,
Anything over .04 is too expensive for me.
Randy,
I bought 100K shares of CLSI yesterday afternoon at .023. That was when the asked was still was .022 X .024. Of course the asked droped to .023 a little later. We shall see. As for the UGFL, I would assume a PR after the infomercials start today. Monday I too will be out of it, either way it goes. I doubt they will be displacing the PGA anytime soon. I'll keep an eye on the Dubai Classic of the Golf Channel anyhow on tonight's rerun.
Later,
geo.
I Guess the jury didn't like her chinese lawn furniture either!
Geo
B&B
True, definitely not her peers, but probably her KMART cutomers. Martha better pray they were pleased with her products. I for one had a KMART outdoor furniture set that I bought 2 years ago (made in China) that rusted so badly in one season I would have liked to put her head through the opening for the umbrella. Instead, being a capitalist pig, I tossed it and bought a better one made in a different part of China from Home Depot.
geo.
FWIW
I took a position in WGFL yesterday (50K shares). It looks good at .04 only because they are doing an infomercial on the Golf Channel on MArch 8 that should provide some kick.
ORLANDO, Fla., Feb 27, 2004 (PRIMEZONE via COMTEX) -- The World Golf League, Inc. (WGFL) announced today that it has spent over $100,000 for Long and Short form commercial spots during the month of March 2004. The 28-minute infomercial will air on the Golf Channel six times during March -- 3/8 at 5:30 AM, 3/9 at 6:00 PM, 3/11 at 1:30 PM, 3/13 at 6:00 AM, 3/14 at 6:30 AM and 3/15 at 5:30 AM. In addition to the infomercial, The WGL, Inc will air 238 one-minute spots on Direct TV's sports cluster from 3/1 to 3/14. These spots will cover seven networks including ESPN, The Golf Channel, ESPN Classic, ESPN 2, ESPNews, The Speed Channel and Outdoor Life. Also, The WGL, Inc. will air 44 one-minute spots on The Golf Channel from 3/15 to 3/28.
That's my feeling too. Nasty, important rich bitch who did a petty crime. Don't think they will do much if anything to her. When Ken Lay does his perp walk, I'll feel much better about the justice department's ability to enforce the law. On a scale of 1 to 10, Martha's a one and Lay, Ebbers and Koslowski are off the chart.
Geo.
If I thought she would get off clean, I would buy some calls, maybe March 15s, still out of the money and fairly cheap. Unfortunately I am still option shell shocked. I have lost probably $50K playing options in my "youth" (Like Henry Hyde's youth, in my 50s)LOL
Geo.
Maybe Martha worked with our own beloved Wendela at Blind'em and Rob'em
She has stepped down and unless found totally not guilty, will never again be an officer there or anywhere else. Even if not guilty, I'm not sure she can go back out and market the products again with a straight face. Yet, The company is Martha Stewart. A name change would be necessary to go forward and I am not sure that would work either. Not a good stock to own right now although there would be a big uptick of short duration if she's found innocent.
Geo.
Agreed. I don't think she will do time, but it's possible. As I said I think her broker, who was the one intiating the sales activity, will be wearing an orange jump suit for a while. Don't know why they didn't charge her with insider trading, which is what the case was really all about. As you pointed out, her attorney admitted she was tipped off about the Waksal family sales.
We shall see. I don't think the jury will be out for long. Intersting that they wanted to have lunch with the alternates before debating. I think that tells me they were already unanimous in whatever they thought and wanted the additional support to make a public statement of whatever.
Geo.
Sure is quiet here today. We need to start placing wagers on Martha. I say either innocent or guilty on one count of Conspiracy with no jail time. As for Baconovic, he will have a few guiltys thrown at him.
Geo.
Yes Selig must go. Lasorda for Comish!!