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In my mind.. the annual meeting were those chats.
Mon 12/30/2013
So to say.. No annual meeting is another matter of a lawyer making money.
Frank likely is going to fight them.. And the chances are he will win a proxy fight.. All Frank needs is 17 million shares. He has too much good history. The loser will be all the shareholders.
There is too much shareholder apathy. The group attacking are lawyers, at least one of them. you know "unscrupulous" partner was the word used.. You know how lawyers work don’t you? Now, Frank is going to take our cash for a lawyer.. And company Lawyers will always be one opinion and another check... and another and another.
We had a good little niche here with the dial up.. Frank is smart. Everything changes and ends… which that is now and forever with the big telecom dominating. Which takes us now into real-estate. We all know Frank long enough now.. he is going to work this stock slowly up.. with little risk.
These guys want what? $.05 or $.06 and out.. So as to extort it from the company by whining how Frank would not give them the shareholder list.. so they can go beat up on him. Look at every “T” to make sure it’s crossed yelling fraud, mismanagement etc.. Typical Wall street extortion stuff.
I think these guys took the stock up.. no doubt. The problem is when you accumulate so much in a non-liquid stock, you can destroy it when you sell... Unless you force the company to pay you off. Totally unethical IMO.
We all must decide what kind of people we are going to be.. Someone selfish or some who contributes to all of us who participates in this company.
Frank could have been selfish many times.. and was not. He gets his pay from renting a Sitestar building back to himself and pays himself a small wage. It is fair.
Some people need to go out and rent these fine building with all the best of furniture.. to build his "Status".. he doen't need status.. he is just a simple good man. Some love the money.. For the love of money is the root of all kinds of evil. Who do you think loves the money?
I have been greatly rewarded from this company.. I have bought and sold a few times.. when time was right. Patients always won. No way I betray Frank.
I thought that guy was going to come in and contribute but not getting a good vibe on this.. now he Recruited those damn lawyers. Rare is a good lawyer in my book.
Out at $74.23
I put an order to buy in at I think that gap will fill at $72.51 so perhaps jump back in.. Nice ride up!
quick link chart
Chart
Looking oil is heading below 100...
LOL.. OK had to look up that word..
that might mean if 2 of 4 of those men cheated.. why would they not cheat on me too?
Eyes wide open..
OK.. Pony up..
Is that a good book? Fiction?
I'm reading this one now.. The Politics of Public Budgeting: Getting and Spending, Borrowing and Balancing by Irene S. Rubin..
Who knows.. Even a spouse cheats in a marriage. what 50%?
Oh how fun it would be to have the old timers around today.. idatrees and Dandy.. LOL
OK hedgefunders. Pirate.. let us see you bank statements and financials.. Let's see how well they match up.
Let's see what you do to make money. Money talks and bull shit walks.
Picture this..
These hedge funder.. lawyers.. go to Frank and say. We will give you free legal fees to settle that $900k internet conflict. We will sink $500k into the company.. for growth..
Or
Buy stock on the market... then demand to see the books so they can claim mis-management and get us suckers to buy into it...
Around here, we had guys just like these pirate guys. Scammed a $2 million lotto winner, a few retired folks by being "accredited" investors.. printed up false statements... all while wined and dinned.. airplanes, golf events.. LOL.. Who are you guys?
I had one penny guy who wanted to fly me over to see his "biofuel" machine and technology.. It was rigged. They place a fuel in it that trickled out... and I saw the machine running..
They then took the finish product out and placed it in a lawn mower and motorcycle.. it worked! a miracle!!! all taking garbage in the machine and out came this fuel. Oh they also had the lawyers and filing too.
I have been tricked way to many times in these pennies.. This company management has never let me down. It is just a small time penny stock trying to make a living.
If these guys were so smart, they would have known the stock is not worth $.04 IMO.. I might pay a penny or two.. They are just not smart.
Sure, you have things that happen along they way in life.. like divorce.. It is part of life.
If these hedge fund guys were so smart, they would know the company might not have been worth a nickel at that time. I certainly did not. Look at them.. IMO..they are just NOT smart the did not do research into the company before buying the stock.. why not just go to frank and buy $150K of those shares just sitting there? so he could use the cash?
It smells to me.. Namesake.. Pirate.. YOU GET THAT? I do.
My son just got a house...
It was bought for $15K.. they sunk $75k or so in it.. It sells for $130k..
Now you go look at the property tax records. What the heck do kind of value do you put it at before you sell it? At what point in time?
The original $40K asking price?
The Economic development $15k price?
$90K?
$145 asking price?
Now we listen to all that bull shit about not "minor" issues.. I don't buy it.
Lebaneseproud...
I guess it had to fill that gap from the other day...
Can you do me a favor and post a linkable chart in the intro section? Then I can just on click it.. lol..
I am hang'n tough.. but looks like we lost some legs..
Humm??? You do not fear this?
BAGHDAD — Iraq is one of the world's top oil exporters, so you would think that a recent attack by militants on its largest oil refinery amid a deteriorating security situation in the country would prompt global fears of oil shortages and spark a spike in prices.
Instead, ?prices are about where they were a year ago, although they have been creeping up in recent months. Why no panic? Iraq's vast crude supplies are safe for the time being because the bulk of its oil production — about 2.5 million barrels a day — takes place in the south, far from the current insurgency, analysts say.
"Iraq oil production is spread throughout the country," said Richard Mallinson, a geopolitical analyst in London. "So only about 10-15% takes place in the northern part of the country, which is where the current Sunni insurgency is being fought out."
A Sunni militant group — the Islamic State of Iraq and Syria (ISIS), which now calls itself the Islamic State — is battling the Shiite-dominated central government. The rebels claimed late last month to have seized control of the Baiji oil refinery, but the government said it had retaken control of it.
Benchmark West Texas crude oil closed at a 10-month high of $107 on June 20. By Thursday, it had dipped to $104 a barrel, a sixth-straight daily drop. Still, global markets remain jittery about what the future could hold should Iraq's sectarian and regional tensions worsen.
EPA_IRAQ_UNREST_BIJI
Smoke rises from the the Baiji oil refinery in northern Iraq on June 19.(Photo: epa)
The insurgency is not expected to reach Iraq's main oil producing fields in the south and in Kurdish-controlled areas in the north any time soon, but in the long term "infrastructure, as well as producing assets, will be a tempting target if the ISIS offensive moves into higher gear," wrote Raad Alkadiri, managing director at IHS Energy, a London-based consulting firm, in an analysis emailed to USA TODAY.
Any new supply outages could push global oil prices higher — perhaps towards $120 a barrel, wrote Alkadiri.
The situation in Iraq has global leaders worried because the country — along with the USA — was expected to be one of the major growth areas for oil production, as global demand increases in an already tight market with little spare capacity, say analysts.
"If Iraq can't deliver on that then the market looks a lot tighter," said Mallinson. "If there are disruptions to Iraq in the short-term, it's Saudi Arabia that will increase its production to balance the supply and make up for the difference."
But instability, a weak government and redirected resources could block investment needed to develop Iraq's oil production in the long term, meaning it may get harder to deal with future disruptions and meet growing demand, Mallinson added. International companies are already removing staff and preparing to move everyone out at quick notice.
"That points to higher oil prices in the medium-term," said Mallinson.
Iraq's capacity to rally its troops could also affect the central government's plans to control exports from the semi-autonomous, oil-producing region of Kurdistan. The Kurdistan Regional Government has been pushing for more political autonomy and more control of oil produced in the northern region.
Despite objections from Baghdad, the Kurdish government plans to export oil directly to Turkey, the only way it believes it can get a fair share of the country's oil wealth.
While Baghdad has said it will cooperate with Kurdistan's skilled and disciplined security force — the Peshmerga — to combat ISIS, analysts say the Kurds have been using the security crisis to extend their political and economic control.
"What's happened is the Kurds appear to be taking every opportunity they can amid the crisis to push for the autonomous sales and for greater control," said Mallinson. "Their forces have occupied the city of Kirkuk, which includes major oil fields, and they are trying to take control of that. And they've made it very clear, they still intend to export their oil without Baghdad's approval."
Contributing: Gary Strauss in McLean, Va.
It has moved +$20 many times before...$76 would put us there..
last July it moved from $60 to $106!
Still working this one..
I am thinking about a trailing stop loss at 73.21
Maybe at $2
I think that $73.21 gap is going to fill... So I did not sell yet.. We shall see..
OK hit that top now line now.. So often I have gotten out only to see it pop.. to big highs.. Hummm...
Nice gap up today... I wonder if this can now continue?
No go fill some gaps.. Onward to 70!!
It broke through yesterday and a chance this will go to 75..
OK.. tell me when you in and out.. Just me and you here.. I'm out right now... I was trading on those EMA for awhile.. Just a feeling most of the time.
Super.. Intro all you wish..
OK.. will do..
This would be nice to have in the past.. I think SYTE is going to win it... We'll see.
Obamacrap is in the way...
I sold my stock at $43.9705 1/24/14...
Do you think this stock may pop?
This would not surprise me at all. Not near enough gold.
So, how do we become rich in this game?
Timing is everything..
http://scharts.co/1jgbgAy
I bet we would fill that lower gap so I sold but today this might pop pretty good. Time will tell.
Well, I did not short AGQ and now on the right side of this trade...
But did take a 2.5% profit and will reload when that gap fills.
Up up and away..
Now up 4%..
Stopped buying this one.. gonna lock in a profit. I think the Feds will "fold" and keeps the cocaine coming for awhile.
One mistake I made was not taking into history.. December is usually a good month.
We'll see where we go and ride this wave for now.
Wall Street falls as emerging-market concerns rise
NEW YORK Fri Jan 24, 2014 5:49pm EST
(Reuters) - Stocks dropped for a second day on Friday and the S&P 500 posted its worst week since June 2012 as a selloff in emerging market assets fed through to wholesale pullbacks in equities.
The S&P 500 fell 2.6 percent for the week, closing below its 50-day moving average Friday for the first time since October 9, suggesting more selling may be ahead for the market that closed out 2013 with a 30-percent gain.
The day's decline was also the biggest percentage drop since June 2013 for the index, while the CBOE Volatility index .VIX rose 32 percent and registered its biggest weekly percentage gain since May 2010.
"There's definitely some nervousness. The world is suffering from the emerging markets' flu," said Michael James, managing director of equity trading at Wedbush Securities in Los Angeles.
Emerging market assets were hit by worries about slowing growth in China as well as political problems in Turkey, Argentina and Ukraine.
With many market participants expecting the Federal Reserve to decide next week to shave its stimulus by another $10 billion a month, investors also worried that interest rates will soon begin to rise. Fed policymakers will conclude a two-day meeting on Wednesday.
Among the 10 major S&P 500 sectors, industrials .SPLRCI fared the worst, down 3.1 percent, as General Electric Co (GE.N) lost 3.4 percent to $24.95 and Boeing Co (BA.N) fell 3.3 percent to $136.65.
The Dow Jones industrial average .DJI fell 318.24 points or 1.96 percent, to 15,879.11, the S&P 500 .SPX lost 38.17 points or 2.09 percent, to 1,790.29 and the Nasdaq Composite .IXIC dropped 90.701 points or 2.15 percent, to 4,128.173.
For the week, the Dow fell 3.5 percent and the Nasdaq fell 1.7 percent. The Dow's weekly drop was the steepest since November 2011.
However, investors were willing to pay more for protection against a drop in the S&P 500 today than three months down the road.
The last time the spread between the CBOE volatility index .VIX and three-month VIX futures turned negative was mid-October, shortly after a 4.8 percent pullback in the S&P 500 opened the door to the last leg of the 2013 market rally.
Worries over China's growth surfaced after a disappointing manufacturing number spurred the S&P 500's 0.9 percent drop on Thursday.
The Turkish lira hit a record low and the South African rand fell to five-year low against the dollar.
Argentina's government said Friday it would relax stringent foreign-exchange controls, after it abandoned its long-standing policy of intervening to support the peso currency. That resulted in the currency's steepest plunge since the 2002 financial crisis.
Going against the day's downdraft was Procter & Gamble Co (PG.N), which advanced 1.2 percent to $79.18, giving the Dow its biggest boost. The world's largest household products maker reported lower quarterly profit, but kept its 2014 sales forecast unchanged.
Volume was well above the average for the month. About 8.8 billion shares changed hands on U.S. exchanges, compared with the average of 6.6 billion so far this month, according to data from BATS Global Markets.
Decliners outnumbered advancers on the New York Stock Exchange by about 6.5 to 1 and on the Nasdaq by about 6 to 1.
(Additional reporting by Chuck Mikolajczak; Editing by Bernadette Baum, Nick Zieminski and Jan Paschal)