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amil, "Is there anything to back that up?"
Online software services is an emerging red-hot high-tech segment and InSynq has been into it for quite a while.
Both Microsoft and Oracle are itching to get in deeper. Both have already made substantial acquisitions. They are looking at this one right now.
This company is going to be bought out.
VV
lowman, Those are some good questions...
"...why an O&G company would move to FLA..." ?
"...And why to a wealthy community..." ?
The money is certainly going somewhere. And other that the dry or minimal-producing leases they CLAIM they are buying, there has to be a reason for it.
I'm guessing that it might be to have closer contact with their Columbian Cocaine Connection ??? LOL.
Just kidding...
Actually, I just watched the pilot movie to the old Miami Vice series, so it was kind of on my mind. The new sequal hits the theaters next Friday.
VV
Hey PeckerHead, go bash a different stock.
VV
W3Research, So, how big is your short position?
Obviously, you're afraid someone will actually buy some shares and mess up your plan.
If you don't own this stock, or have any interest in this company, then...
What are you really here?
Is it to "save us" from the big-bad MMs ?
LOL
VV
Good question.
It looks like my first purchase was in Nov 2004. CDED @ .024
I thought I owned it far earlier but that's what my TDAmeritrade statements say.
I thought Static was saying there were 3M in conversions SINCE the recent R/S. Perhaps I misread his post.
I am down a bunch of % also. But I consider an O/S of 8M and a 4M float to be miniscule compared to every other OTCBB/pink stocks. In fact, I don't know on one other that is this low. I suppose that is why I am NOT so freaked out. The company seems to be on a track to become profitable and so I'm ASSUMING that will eventually be reflected in the PPS. Unless, this is entirely smoke and mirrors.
I follow a strategy of diversification and holding 30% cash. I NEVER concentrate my money, for the very reason that individual stocks can underperform expectations for a long period.
Excuse me if I'm not up-to-speed on all of the nitty-gritty details here, as I own a lot of individual stocks right now.
VV
The Oustanding: 8,083,073 ???
That's ridiculously low.
I don't see the 3M in conversions that Static is ranting about. Do they really exist?
VV
THE PIKER, Well, I'm just going to chalk up your post...
...as "balanced" humor. And I guess I deserved it, for getting so "heavy and serious" on this forum.
But honestly, I just can't believe anyone could get into as much trouble as you describe, and still be walking around free. I hope you're not really posting from experience. LOL.
We just had Crab Season, here locally on the Hood Canal (Western Washington). It lasted just one week, and it was a mad rush to "kill something", for sure.
We went out on the first day and put down two traps, and in the space of four hours (two six-packs) we collected 75 pounds of crab, "on the hoof". After cleaning them up, we ended up with 40 pounds of crab meat. We ate crab from morning until night for two days straight, in every conceivable dish you can imagine.
After that experience, no one wanted to go crabbing anymore.
Happy Hunting!
VV
THE PIKER, I totally agree with your post...
But it just seems to me that this is reflective of a human problem that is so EASILY solved. It is simply a matter of adjusting one's attitudes and perceptions.
When I was a very young man I had occassion to study Comparitive Religions and Philosophy, and I discovered a certain kind of elementary and timeless truth in Buddaism. One of the conceptual truths THEY CLAIM is that the human ego is at the root of all evil and pain in the world.
What the EGO does is that it "wants" things. And if it doesn't get what it wants then the ONLY possible result is frustration. Frustration can quickly reach a level where it becomes psychically painful, and this tends to cloud one's thinking, and MAY lead to many other very bad problems. But most importantly, it robs you of any chance of having FUN. Believe it or not, investing CAN be fun, if you go about it with the correct mind-set.
I believe that a lot of people, when they buy a stock, they subconsciously put it on a "schedule" of sorts. They expect (or demand) that the stock produce a certain result within a certain timeframe that THEY determine. If it doesn't, then comes the frustration. If they would just subordinate their ego and drop this expectation, then they would instantly shed these problems. The word "patience" comes to mind to describe this process, but that is NOT really it. The Buddaist call it ZEN which is more like melding with the experience and having full and total appreciation of the 2-way interaction and how it works at its core.
ZEN is sort of like fishing. Certainly, catching a fish is the goal. But if you fish with the EXPECTATION of catching then you run the risk of frustration, pain, boredom, all of those bad feelings. You become PREOCCUPIED with these feelings and they dominate your thinking. But if you fish without any expectation, then chances are, you are going to have a completely different experience AND most likely it's going to be FUN. The difference is all one's attitude.
I am sure this sounds like gobbledegook to some, but it works for me. If you want to invest and trade stocks without being driven crazy, then you need to learn some mental survival techniques. Pickup any of the classic texts on investing and you will find something in there to the effect that "your worst enemy is yourself". If you have complete control of your own mind/feelings then you can quickly identify the source of the real problem, whether it REALLY is the MMs, the company management, or whatever. To be blunt, you will be far more happy and successful if you deal FIRST with the mental aspect of the problem, and establish a kind of "agreement with self" that you are going to accept the outcome, whatever it is.
NOW, I will get down off of my soapbox and go grab another brew...
Good Luck.
VV
When is this stupid paranoid rant going to end?
No wonder the company doesn't like shareholders.
One loud-mouth idiot can ruin the relationship for everybody.
And apparently, that's what has happened.
VV
staticline82, Sorry it hasn't worked out for you...
...but maybe it will eventually.
Since I bought in here I haven't sold one share. I've been tempted but I haven't done it yet.
I do flip other stocks occassionally, if I have a profit, but not this one. I am in at .92 and I wouldn't feel comfortible selling at a loss expecting to buy back in cheaper. I just don't think it is possible, given the share price and tight spread. And I do believe this will eventually run.
VV
ddwalker87, Not EXACTLY sure what he meant about Africa...
But InstaCare seems to be going after a large segment of the market for diabetes drugs.
Diabetes is not a problem of any consequence in Africa; over there it is Tuberculosus and AIDS.
Whereas, Mexico is a big-time consummer of sugar and they use it liberally in their foods. Sugar is a lot cheaper in Mexico since it comes from refining cane and they can import it directly from Cuba. And of course, sugar is a contributor to the development of diabetes.
So I am just guessing that there might be a connection and this move could be part of an overall strategy. Perhaps they are just trying to get into the market before the diabetes problem becomes widespread. Who knows?
Good Luck.
VV
sukycospito, That's a very interesting "spin"...
...no pun intended.
"...NASCAR and is using RFID tags to track the tires from the point of manufacture to the moment they are scrapped."
Well, once they get to the track, that would be about 20 to 25 laps at high speed around the track; maybe 100 miles. Perhaps 30 minutes of actual run time before being scrapped?
Based on the wording of that articlestatement, I wonder if there is some latent reliability problem that is holding up their adoption for consummer tires that may go 100,000 miles over a 10-year period.
VV
Hey AskaJerk, Are you telling us that you owned this when it was a penny?
That would be back in 2002. And you're just now selling out?
My, you certainly have staying power.
LOL
VV
Just throwing this out there to show just how diverse...
...the market for RFID really is. Maybe good for AIDO?
Lost Baggage...Not a Problem. Stolen Baggage...Big Problem
As much as we all complain about airports' baggage handling, be glad you don't regularly fly to third world countries where lackadaisical security sometimes means that baggage is outright stolen. To combat this problem, some airports are turning to RFID tags to allow for baggage asset tracking. Not only can the systems help prevent theft, but the systems also offer natural operational insights. And while many integrators and end-users agree that the technology is still too expensive to use for most applications, in airports where baggage theft is prevalent, the systems can quickly pay for themselves.
Full article from SecurityInfoWatch:
http://www.securityinfowatch.com/online/Asset-Tracking/World-Airports-Turn-to-RFID-Tags-to-Frustrate...
VV
shortsinthesand, Just curious why you think that...
"...Tony shouldn't have been communicating with share holders on a message board."
Is it because it wasn't handled well? Because that is pretty obvious.
But Tony was just responding to a pre-formed list of questions. It wasn't exactly like he was interacting with anybody. And that Question #1 was a real zinger; a "loaded" question if there ever was one.
I view that Q&A as an honest attempt to communicate directly with the shareholders, etc. But unfortunately, it fell way short. It turned out to be more of a tool of the stock manipulators, short sellers, bashers, and everyone else who is negative on this company, OR wants to buy at a cheaper price. I guess they got what they wanted.
What I am REALLY curious about is that the company operates its own message forum off of its web site, and WHY they didn't choose to use that facility. They have previously posted that neither Tony or the IT guy, who happens to be the VP of Engineering, moderate any of the forums. Nor do they respond to questions, and they have made it clear that it is NOT a way to communicate with management.
So I have to wonder why the DDSI internal forum even exists, let alone, why they didn't use it. It would seem that they are missing a good opportunity, ASSUMING they really do want to communicate with shareholders. Go figure...
Good Luck.
VV
rfid5, The PR also said:
"...Goodyear Racing Eagle and Wrangler tires..."
I may be wrong but I believe the Wrangler tires are dirt or off-road type tires, as used in the Truck Racing series, which is NOT a Nascar series.
So, this may represent an expansion of the use of the RFID tags into tires that are more closely aligned to street tires.
Maybe in 2008 they will be finally be using them in real street tires and the big money will start to flow.
So how's my grammer?
LOL
VV
maryundys, There is NO Reverse Split.
Just bashers playing games.
VV
illuminati2012, There is NO Reverse Split planned at this time.
This is a basher induced panic.
Shupin posted in the Q&A that the BOD was "considering" it. The comment was in direct response to a pre-written question that was put to him in the Q&A. Go read the Q&A and make up your own mind about it.
I have recently "considered" becomeing a Jesuit Monk. That doesn't mean I am going to do it.
VV
I agree totally.
I'm making money and they are not.
Good Luck.
VV
Crimson, Just to continue on this subject a little longer...
Here is a chart of today's trading action. Do you see how it is UP at the open, sags throughout the day, and then shoots up again at the close?
This is a tradable pattern and you see this exact pattern just about every day. As the saying goes, "you can take this to the bank".
If you want to play with this stock you might want to consider doing a little day trading. I am and I'm making enough profit to be having fun with it. But you need to be aware that if you buy and then sell immediately you may not be able to re-invest your winnings immediately due to the Fed's "3-day Settled Funds Rule".
Good Luck.
VV
Crimson, "...oil invertories of over 1 Billion Barrels."
I really doubt that number, as stated. That would be worth $70 Billion. Where would they store all of that inventory? I know they have large oil tanks nearby wherever they have a cluster of wells. But a Billion Barrels?
Perhaps the number you are actually referring to is really the "estimated underground reserves". That would make more sense. That would give an estimated valuation of the various properties. But is that a real or madeup number?
Finally, please keep in mind that the dilution affects ONLY external shareholder. It has absolutely no effect on the insiders as they can issue more shares to themselves at any time at the stroke of a pen. They could even create a "special" class of stock for employees that is immune to a R/S by having a simple non-dilution clause.
I was somewhat taken aback by your earlier statement that you were going to bet the farm here, so to speak. I would strongly caution you against that idea. Sure, there is money to be made on this stock. But in my opinion, it is all based on timing your purchases and sales; getting in and out quickly. Surf the waves that roll thru every day!
If you "invest" here expecting to hold this long term then you will most likely lose money IF they don't stop diluting. That IS the big risk here.
Just my opinion...
VV
The tire tags are for racing tires that are used exclusively in Nascar.
How much revenue do you think they might make from this in a year? More than $100K?
I would think there would be a lot more money in taging dogs and cats, their traditional biz. Perhaps expansion into cows, goats, pigs would be a better way to go.
Pretty obvious, they aren't going to be tagging chickens because of bird flu. I guess the stockmarket FINALLY figured that out.
So everyone is waiting for "one sizable contract". So what will be be for and how much? There sure seems to be a lot of "wishful thinking" involved in this one.
VV
Crimson, I guess you've been out of the loop on this one.
When I bought in last Jan the O/S was around 46M and now it is about 160M. There are folks on RagingBull who used to call the TA about every other day, until it became overwhelmingly depressing. So I don't have the current exact number. But for MANY weeks over the last two quarters, the O/S was increasing at about 5M to 7M per week, as per those TA calls and the running commentary of the findings.
You should punch up a 5-minute chart during the day and watch the trading pattern. It really tells a tale. The PPS is almost always up in the morning. Then it sags heavily throughout the day, then goes up again at the close. IMO this shows clearly the company dumping action, which couldn't happen so effeciently without the help of the MMs. And the UP action at the end is from the MMs "painting the tape" to manipulate the end-of-day numbers and TA to lock and load for the next days dumping session. And IF the company should issue a PR, then it's worse than usual. Just watch the daily chart and you'll see what I'm talking about.
With all of the lease acquisitions, the Pemex pipeline deal, and the several working subsidiaries they have setup, it would seem LOGICAL that they would be "at the edge of making money". However, there is this prevailing misconception in financial circles that IF a company makes money, that some of it HAS TO percolate down to the investors. That is not always true. From what I can tell the ONLY way I can make money with UPDA is if the stock PPS goes up. And it isn't...
This company seems to be fixated on spending money to buy more and more of "whatever". They haven't been accomplishing this with oil/gas revenue; they've been using stock. And they have NOT been explaining this adequately to the shareholders. Most of these O&G leases they are buying seem to be mostly played out, requiring a substantial upfront investment of CASH to re-work them before they will produce any reasonable flow. I heard a figure of $250,000 per week to re-work one well. This is a very expensive startup cost just to HOPE to get a well that will yield good flow numbers. As best as I can tell, so far the revenue from O&G has not been enough to pay all of these costs, so they continue to sell shares - lots of them.
As long as they keep acquiring these near-dead wells, there just doesn't seem to be any end in site to the dilution. Therefore, in my opinion, the only way to play this is to day trade/trend trade, and make a few bucks here and there on the spread. As far as I'm concerned this is definately NOT a company to be "investing" in, unless you enjoy losing money.
Sorry to be a "wet blanket" but this is a fair and truthful synopsis of the recent history of this situation. I certainly wish it weren't so. IF I am wrong in my appraisal of this situation, I sure wish someone would explain what I'm not taking into account. But this has NOT looked very viable as an investment for some time now.
VV
The problem is that the PPS of UPDA isn't following the price of oil. And it hasn't been for months.
Everytime the stock starts to move, the company unloads another 5-10 million shares. They have been doing this consistantly since February. Or haven't you noticed?
Oil could go to $100 a barrel and I doubt we would see even .20 on the share price. But what we WILL most likely see is a float greater than 300 million.
VV
Well if Bush said that, then it must be true.
LOL
VV
VV says Thanks, also.