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You're posting the facts are always helpful.
Thanks
Good Luck the only thing I would add is investing in a penny stock is a risk I do not blame ATRN you do. We differ there.
Its not a vendetta its the truth and it is obvious.
Read, Read, Read, Read that is all I ask of the people here read the IHUB posts and follow the results. read read read read read
You told people they are for all intents and purposes dumb if they believed ATRN was going south right before it did. Forget the charts etc go to source. IHUB posts right before bankruptcy go see it.
I do not want to see only bad you want to see only good.
Names, numbers links defend yourself with them not words.
I am not averse to being wrong just seeing what is there. A lot of people follow you it is a matter on note that they make an educated decision.
I URGE THEM TO GO TO IHUB PAST PREDICTIONS INCLUDING THE LAST FOR ATRN AND SEE FOR THEMSELVES.
Please post it. You are parsing facts breaking them down to miss the large picture. I do not care it the Gold membership ios this or that nor do I care if you are right or wrong. I care about the facts and they are that you did not meet the challenge that you are wrong in almost if not all of your final predictions.
I am not against you nor do I want you to be wrong. It is what it is. Please, it is easier for you to post what you say to make your point please do. Let the facts speak. Actually have the people read all your predictions without you parsing them.
How much did you make on your million dollar challenge?
All anyone has to do is revisit your posts on IHUB over the last 6 months or so and see how your predictions came out.
Example an ATRN post right before the wheels fell off only one of MANY for more than one stock:
Dr_Pennystock Member Profile Dr_Pennystock Member Level
Tuesday, June 12, 2012 2:09:31 PM
Re: None
Post # of 110525
I don't understand why people is selling, possibly at a loss, if ALL the possible bad news are already out, even BK is already discounted by the market, as the stock is already in BK, just did NOT filed for BK.
Anything will be positive, new business, merger, buyout, reverse merger, ANYTHING.
People, use your brain, no more bad news, period.
My ONLY post for the day
Please does anyone who checks the facts still believe DPS? Really.....
I already covered that. I said the corporate veil can be pierced in certain circumstances in a lot of my posts including malfeasance & fraud. BUT
“business judgment rule,”
"a director’s actions, even if they prove incorrect, have strong protection from liability if the director acts in good faith, uses
common sense and acts in a manner which the director reasonably believes is in the best interest of the shareholders. In addition to the business judgment rule, corporations frequently protect directors."
If they were smart they would have covered themselves if not they are stupid and stupidity is not actionable if you understand the point.
It is hard to prove intent, stupidity or mistakes can cover almost all circumstances whether real or used as an excuse.
I am not wrong your anger is telling. Sometimes people are vested they cannot bear to hear contrary views yet I stand on my opinion these guys will not be liable under the circumstances.
In any case it is a long arduous journey one has to pick ones battles it is up to each to see where they invest their focus.
Ad hominem attacks do not replace genuine discourse.
It is always telling to see the vitriol spewed. My views first are not incorrect as I will show but if they were I would gladly accept correction when done in a dignified manner. Your ad hominem attack is regretful.
Now to my point I DID SAY in previous posts that under certain circumstances the corporate veil can be pierced. It is not as easy in Court as some here think that it is because it seems they do not want to believe it is.
“business judgment rule,”
A director’s actions, even if they prove incorrect, have strong protection from liability if the director acts in good faith, uses common sense and acts in a manner which the director reasonably believes is in the best interest of the shareholders.
IT IS HARD TO PROVE INTENT. Piercing the corporate veil like I said is possible but it is difficult to prove intent. You need to first vet & prove their intent, good luck, it is possible but I stand on my belief it will not be done. I SAID FIRST FRAUD HAS TO BE PROVED OR MALFEASANCE NOT STUPIDITY OR THE LIKE. No matter they would argue it was a mistake. So I stand on my words I covered all my bases.
The way in which you respond shows your anger. Anger prevents true dialog which is what is productive and makes a contribution.
I am not impressed.
You cannot sue the BOD you have to sue the company that is the point of a company incorporating. Under rare circumstances you can pierce the Corporate veil & sue the BOD or employees separately but that is a real reach.
I already offered my thought on the suit I personally love lawsuits I can file myself & file motion after motion it cost them money for their lawyers to respond. Sometimes you can win even by losing if you are good enough & they want to be left alone but the BK thing that is a game changer for me. Need permission from the court to sue.
Thanks appreciated
First of all if I could write like Kipling I would.
Second, I see some here as way to sensitive. I have a right to be here whether you like my opinions or not but... I am here hoping to reinvest I am looking, reading all watching to see if there is an opportunity if that is alright with you & even if it is not.
Apologize I do not intend to demean your situation, take the post as a whole.
I invested in ATRN made a lot then lost most ended up making a couple of hundred or so. I got out a few months ago.
I have been deciding whether to to buy again but it is not likely.
v. whined, whin·ing, whines
2. To complain or protest in a childish fashion.
Thank you
Good luck.
I prefer to be called a Bear as my name suggests not a rat. I have no stake whatsoever in ATRN or motivation to be a rat just trying to make my contribution.
The lawsuit is a real reach. You need permission to sue a BK company and then usually only if fraud is PROVEN. Business is rough not every failure is fraud, not everyone with bad intentions (BODM, CEO'S etc.) commits fraud. Sometimes they are like Don King just smarter than the others. Sometimes they just fail. There are a lot of reasons possible.
People who are threatening lawsuits are really naive or have blinders on. Lawsuits are long drawn OUT things when they are easily permitted. Class action lawsuits are notorious for the lawyers getting all the money & the clients getting a burger each ect. (Not really an exaggeration).
How about the most realistic probability ATRN was a cash cow it was a GREAT INVESTMENT while it lasted. If you did not get out accept your mistake we all make them be a man, sue if you like, but own up to it.
Follow winners or better yet listen to all follow yourself be accountable move on.
I suggest you revisit or read the poem by Rudyard Kipling.
IF
If you can keep your head when all about you
Are losing theirs and blaming it on you;
If you can trust yourself when all men doubt you,
But make allowance for their doubting too:
If you can wait and not be tired by waiting,
Or being lied about, don’t deal in lies,
Or being hated don’t give way to hating,
And yet don’t look too good, nor talk too wise;
If you can dream—and not make dreams your master;
If you can think—and not make thoughts your aim,
If you can meet with Triumph and Disaster
And treat those two impostors just the same:
If you can bear to hear the truth you’ve spoken
Twisted by knaves to make a trap for fools,
Or watch the things you gave your life to, broken,
And stoop and build ’em up with worn-out tools;
If you can make one heap of all your winnings
And risk it on one turn of pitch-and-toss,
And lose, and start again at your beginnings
And never breathe a word about your loss:
If you can force your heart and nerve and sinew
To serve your turn long after they are gone,
And so hold on when there is nothing in you
Except the Will which says to them: ‘Hold on!’
If you can talk with crowds and keep your virtue,
Or walk with Kings—nor lose the common touch,
If neither foes nor loving friends can hurt you,
If all men count with you, but none too much:
If you can fill the unforgiving minute
With sixty seconds’ worth of distance run,
Yours is the Earth and everything that’s in it,
And—which is more—you’ll be a Man, my son!
I agree.
The point is Dr P has been wrong in everything he has predicted for months on end. Facts are stubborn things, not judging the guy personally, but following him.... really....
Lawsuits against bankrupt companies are hard, they will not even be allowed to go through unless outright fraud is proved. Still why attach your wagon to someone who has been wrong for every stock for months.
The Dr P thing...... really .... Does empirical data mean nothing.
A lawsuit is public information anyway, but Dr P, really, still.
Wow.... a lawsuit, years to go through to try to get money from a bankrupt stock with numerous creditors & you cannot as of yet even know if you would win.
Geez you may be prevented from filling you will have to sue yourself or pay a lawyer & from your posts you cannot file yourself this is not a long shot it is beyond the pale.
If a lawyer takes it on on a contingency basis he will make all the money & each creditor will get a McDonald's burger like usual.
It is over just hope if you so desire that they will emerge from bankruptcy successful but I am not so sure.
Some common sense is required.
What "known short-sell crews" expound on, name, explain pleae.
It's also possible for aliens to land tomorrow but I am not going invest on that possibility.
The race doesn't always go to the fastest or the strongest but that's thats way to bet.
Don't bet on a buy out.
Could be someone buying at 0221 trying to sell at 0241 & make a profit as it moves back & forth.
Come on it's been months since he got one right wake & smell the coffee. You should follow your own instincts.
Maybe ATRN will be a players shot maybe more, very possibly less but do not follow at this point a pattern of being consistently wrong over an expended period without exception in that period, i.e. months.
Believe in yourself somewhat.
I'm not saying I'm right. I do not know if they sent letters, if they did to who or for what. The point is under certain circumstances different avenues are available & nobody knows what they are doing. It is a difficult thing to asses a situation without enough knowledge.
I do not know what ATRN will do. I am ahead, sold months ago. I am sitting each day trying to decide if it makes sense to get back in.... I just do not know.
I believe it is possible in certain circumstances to inform clients or those who one intends to deal with that a bankruptcy may occur, such as a letter of intent.
While a different circumstance the link below shows that feelers may be put out for various reasons. Nobody here is sure of the reasons or plan thus cannot make a determination as to the legality of what may or may not be coming down the pike.
http://www.milbank.com/images/content/5/9/595/010510Global_Asset_Capital_LLC_v_Rubicon_US_Reit.pdf
It seems inappropriate to discount his efforts they are well constructed within what is knowable to him just as Dr Penny stocks are.
All info should be factored in. This is a very risky stock & at this point staying in the game amounts to more gambling than investing.
I am on the fence, made money, out months ago. I am not discounting well thought out opinions whether they confirm what I believe or not. Keep all the good value oriented info coming it is a tough call.
Understood but with all due respect you have been wrong in every prediction you have made for months now. People do use their brain.
I do not know where this stock will go I HAVE been out for months now & may buy in again at a little lower if it goes down more which I think it will.
It is unjustified to assail people and tell them to use their brain under theses circumstances. After all, again, with all due respect you have used yours and literally been wrong at every turn.
Every time a stock goes way up they are great whenever they dive they need to be investigated. It's a cliche by now. It is what it is. The key like Deal or no Deal is to know when to get out, not to know when to blame the company.
Now there's a man with facts. Enough though.
Would hate to see you lose ground for nothing that trains never late. Woo Woo the chill out train is on its way also.
Understood. Sleep well tomorrow is another day.
I already said I think good news is on the way perhaps you should try the brutal honesty thing. I think I will be able to buy back lower I sold much higher than it is now. There is money to be made with ATRN one way or the other.
That I sold is not the issue. The issue is the validity of the article. The article or work you posted is not what I am talking about. You would on target to question the article but wrong to question my motives but then you do not know me so all is well.
If you think I am writing that to drive the stock down you are with all respect wrong. If I was doing that I would not have put the caveat I hope it goes down. That is a give away.Youare taking my brutal honesty and turning it inside out for your own take. You are wrong but I do understand.
Please read my posts I said I think they could dilute or rearrange or pay or pray to Mecca for all I know to repay. I was simply stating that Chapter 11 is not IMPOSSIBLE as a response to someone who said it was. I specifically noted that I do not think it will happen & that I expect good news with a week or so.
It is not from a yahoo board it WAS CITED POSTED on IHUB for all to read. Sorry I cannot find.