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I am using the market data to back mine,
and what about your "facts" prove yours...please
Chapeau to you, Sir.
You are an honorable man.
Long Live the Longs
But what we are saying and analyzing is that the market is on our side.
The market is thinking our way now:
I quote:
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An investor who sells stock short borrows shares from a brokerage house and sells them to another buyer. Proceeds from the sale go into the shorter's account. He must buy those shares back (cover) at some point in time and return them to the lender.
Thus, if you sell short 1000 shares of Gardner's Gondolas at $20 a share, your account gets credited with $20,000. If the boats start sinking---since David Gardner, founder and CEO of VENI, knows nothing about their design---and the stock follows suit, tumbling to new lows, then you will start thinking about "covering" your short there for a very nice profit. Here's the record of transactions if the stock falls to $8.
Borrowed and Sold Short 1000 shares at $20: +$20,000
Bought back and returned 1000 shares at $8: -$8,000
Profit: + $12,000
But what happens if as the stock is falling, Tom Gardner, boatsmen extraordinaire, takes over the company at his brother's behest, and the holes and leaks are covered. As the stock begins to takes off, from $14 to $19 to $26 to $37, you finally decide that you'd better swallow hard and close out the transaction. You do so, buying back shares of TOMY (new ticker symbol) at $37.
Here's the record of transaction:
Borrowed and sold short 1000 shares at $20: +$20,000
Bought back and returned 1000 shares at $37: -$37,000
Loss: -$17,000
Ouch. So you see, in the second scenario, when I, your nemesis, took over the company, you lost $17,000...which you'll have to come up with. There's the danger....you have to be able to buy back the shares that you initially borrowed and sold. Whether the price is higher or lower, you're going to need to buy back the shares at some point in time.
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From Beijin Jim here, I think the rat packs made a loss today. On average they are munching at 25% of the volume. They cannot do this for an eternity they are bound to get short squeezzzzzzeeee.
On the science stuff, I agree, but his financial philosophy needs to somehow align with the Gold Rush.
Did you see the percentage of shorting averaging in the past 5 days? In the upper 25%. We should have hit $0.15 mid-day today. I am guessing shorts have got to buy back at some point and a short squeeze is due, but that might be till next week.
(IMHO)
Relax!!! Dude, this is enticing. Not the court stuff, though. This is a revelation of all Gold Stocks. We want to see fast acting moves from now on from Briscoe. The chess game is over with ALPHA. (AMHO)
Is the PR imminent?
And Mrpego?
Do you know what happened today CBz break it down, wil-ya?
Man, you crack me up totally...
Sorry, for the late reply but could't keep the excitement in at all.
Thanks for your minute by minute reporting that was fun.
I kinda hunch at lil' puppy to buy at that lucky number though.
$0.0808 this is a very lucky number in China!
Couldn't that "channel" shorten itself?
Ummm, I don't like people talking in verses....like Nostradamus
Jinman, can you explain your chart in depths, please?
It was a pretty interesting day today, lots of rat packs. After 10:30m.
Be prepared for what?
I agree Mr. Briscoe needs a good CFO
Do we have a structure of LBSR so far? Anyone? Also, the share price of Anglo American is incredible.
Mr. Briscoe is an excellent geologist and he has to understand that his expertise should remain has such. As investors, we now need a strong CFO.
Variables in this article align with LBSR:
http://seekingalpha.com/article/224051-the-problem-with-gold-stocks?source=yahoo
Fair to say LSBR is allowing 60% interest from this JV. That said, NAK focuses on production while they focus on exploration.
Thanks SS & pmlg I want to retire on this stock. Thanks for the re-assurance, appreciate it.
Question? FORM 10Q
Quote:
"There is no assurance that we will be able to maintain operations at a level sufficient for an investor to obtain a return on their investment in our common stock. Further, we may continue to be unprofitable. The company does not plan to make any capital expenditures for new mineral claims or equipment during the next twelve months. "
How do you respond?
What would be nice is a discussion on Value:
Thanks pmlg, I truly want to see pass tuesday. Can you enlighten us a little more for the months to come. I like the BB on your chart. I want to see a resistance around $0.15 But when the JV is announced, I wonder how the resistance would act?
They said the company does not intend to become live ( operations wise)in the next 12 months, wouldn't that drive the PPS down after the JV announcement. If so what are our hopes on production?
We will remain #1 across the board!
I am confident of we will remain as such. We have broke ground here.
Thank you.
Are we hedging on lawsuits here?
We all need to thank CBz he told us last light and that was it. And yes, CBz, we thank you dearly! Now, composure is required.
Do you A'll know how many creditors can pass claims as such? Hundreds.
We need to be hedging on the true value of this company. PERIOD.
These folks on the board of LBSR are Professional Geologists. The ZTEM technology is primordial to their success. NAK has nothing to loose here as the decision makers on the LBSR board are geololists. This is truly a company that is building on the long haul based on their respective top notch experience. By the way Pebble is a highly desirable land. I wonder if the JV is underpriced though, because of the value of this land.
I knew it, I knew it they truly made sure the horses have settled back into their stables.
This isn't ENRON!!!
I moved all from KATX to get here, because of the ZTEM. I'm all in for the long haul.
But why would they short the stock so much, there is much anticipated high returns next week. They made sure the low is kept in for next week's high. If the shorts were not in this would have been around $0.15ish.