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Hi all,
This is Rusty. I don't say much however, this is not the 70's. People that run a warehouse/DC have the experience or have come through the ranks and understand the dynamics and implied tasks when running that warehouse.... also, millions of people try to be millionaires and start businesses and about 95% of them fail. All he is asking is to verify that the individual running the company has achieved the 5% of the population that actually achieves that plateau. Knowledge is power. Please just answer the question. I do not mean to sound insulting and if I did I apologize. I just thought it was a simple question.
Cheers.
I was going to make a comment on why institutional investors rarely in pennies, however it seems it would be a conversation in futility, hence my comment...."Lovely". I never expected to make money in the pennies; however I may get lucky....like buying a lottery ticket. Pennies are just what they are, a lottery, when you buy them, consider the odds equivalent.. Pleased do not tell me all your money is in pennies, if so, bad plan. Most people do not have time to spend their day on class actions for a few hundred bucks. If you did, I feel sorry for you. Gentleman……. Let’s get real.
Just my Thoughts.
P.S....my dog picked this stock....I thought he would have better luck than me......guess not. LOL
Cheers.
Lovely
Good advice Grapeman....long time. Good luck.
Cheers
RustyL
Honestly, I believe 25 % of the posters 10% of the time, on even numbered years with months with ending in "ary" on week days only. That is my approach. Oh ya, I also do my own research. Try it...it may work for you also.
P.S - usually the research part works out the best for me....but hey, its your money. Try either way.
Not trying to be insulting...just having a little fun.
Cheers
RustyL
sure..............whatever you say......
Hey grapes.....long time no see.
I am still here.
Hey Don,
Long time no see. This one is still slugging along I can see.
GLTY
RustyL
2010......a little late.....
I cannot see the Alps from here....however, I can touch the ocean.
I agree, however, they need money for a buyback. The money they have will be used to grow the company for the next few years. An R/S is inevitable. If they increase the shares after the R/S, we will back at step one again.
an R/S.... that would be good news
Why would they spend the money to report bad news and deflate the PPS if they do not have to? Anyone, Anyone.
RustyL
Please....let me reiterate.....YA, OK, whatever you say, good to go!!!
84 people apparently!!!
YA, OK, whatever you say, good to go ..............
No one can possibly think there will not be an R/S down the road (share buy back or cancellation of shares would be nice….however I expect unlikely). The stock price is an indicator of the value of the company when you compensate for times earnings, risk, cash flow, etc. At this time I am unaware of any income stream that will add to the bottom line. This company may be viable in the future, however we do not know at what extent the R/S will be and if purchased at this time "may" just continue the devaluation of your holdings if an R/S does come into effect. At this time the company to expand will require an operating line of credit, a capital injection or will have to sell shares to raise capital. There are other things that can be done, however that could take hours to explain and with the share structure, historical performance and possibly no cash flow they may not be an option…at this time. This is Managements game now....the ball is in their court and I wish them the best of luck!
My thought only.
Anyone????????????
RustyL
???????
please explain
More useless FYI.... the paper is worth more. 15 billion commons....gee I wonder if there will be an R/S in the future. LOL
The Truth...and a good read. Thanks
I have 71 mil volume as of 1155 hrs showing.
pstudart. I have a question, were you not the one on 1/25/2011 that picked up 2 mil shares, or claimed that he did? If I am wrong I apologize, however if I am correct.............
RustyL
There has to be. look at the # of shares.
I am sure that they had "qualified" people do their DD for them.
Let’s not flatter ourselves. This forum means "nothing" to investors. As a friend of mine said.....Just a place for people to flap their gums"
Just his opinion.
I guess my 100 shares are not going to make me rich then, hehehe. I figured they would be worth 10,000 canadian dollars (not the green back) by now. I tried on my speedo last night....guess I will have to put it away. LOL
Welcome back Grapeman.......let the entertainment begin. :)
The links do not work.....or ever more general.....nothing works on the page......just a picture.....with a big Under Construction notice on it.
Don't ever believe anyone, do your own DD. Lets see what happens after Feb 9. Your in it now. Maybe get some of your money back. GLTY
Hate to be the bringer of bad news to ya, but people excited is not a reason to by a stock. Good DD is. I think that the next quarter will be interesting. 50/50, +/-.
RustyL
That pretty well sums it up.....as painful as the read was.
Not a bad thing....an R/S.
There needs to be an R/S
Most savvy investors wait for a revenue stream; however it is one to put in the "look at later file".
RustyL
Thanks for the level headed non objective reply FuzzyGummyBear. I'm doing the same with the shares that I currently hold. I feel for the people that put their savings into one stock....this being it. Maybe new management can pull it out of the fire.
I was getting tired of opinions and conflicting stories. At this time I am staying where I am with this stock until there is some movement with management and I can tell if I like the direction they are taking the name.....I would have said company, however I can not confirm if there is one at this time. LOL.
I did not mean to insult anyone, if I did, it was not my intent please accept my apology in advance.
Thanks
RustyL
It is what ever your DD tells you it is.
Nice chatting guys, however, I am done with this subject.
So does Google, RIM, etc.