Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.
Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.
How do you know? Do you have some proof? It seems like the FED's have no case and most people have sold and what happens when there is no case EVER filed? What happens to all those people who sold their shares at a loss? Too bad for them? As much as people say this is a scam, this whole fraud charge is a sham. Until there is concrete verifiable undeniable proof, I wouldn't sell one dime or one share of this stock. The only thing that has changed is the share price and time.
I don't know (as of this moment) the statute of limitations on a potential fraud case by the feds. I have been in contact with the U.S. District attorney's office in Colorado and last contacted them about 8 months ago. They were not forth coming with any info. I don't want to say as to what it might be without doing the research first. I will say that in all my time on this earth and seeing and dealing with law and the courts, it is totally in favor of FSPM right now. The FEDS don't just "not charge" a person, persons or a company if they the slightest bit of proof to make a charge stick in court. It has been over a year which means the FEDS have d*ck. This has been a total waste of time. The probably saw some smoke and ran in all hot and bothered and seizing stuff.. but the smoke was from the end of a blunt that FSPM rolled up and was smoking legally in Colorado.
Ooops! Now they are like .. wtf do we do now?
Haha.. I know what you mean. Ignore is a great thing. The F.B.I. and U.S. Attorneys haven't come with charges nor an indictment yet if you listen to the chatter you would think there has been a trial and convictions. Time is on the side of the shareholders.. Don't get talked or spooked out of your position by folks with bluster pretending that they are facts or are in the "know".
It would be in the news if Dittmann were arrested. Or anyone else in FSPM for that matter. The government is on the clock to prove a case, not the other way around. I am not going to start posting to the board and answering my own post like some clown to get people to hear what I am saying or buy into false hoods. I am just going to tell you that until someone gets arrested, FSPM is still alive and there are small buys taking place everyday. No news is good news and TICK TOCK...
Up 78% on 33 thousand shares traded.. wtf is that? Something isn't adding up...
Don't buy ERBB unless you can get it in the .002's or lower. For this time and at this juncture.. nothing else makes sense .. don't waste your cash..
There is inherent risk in trading options. lololololololololololololololololololol. I have risked 3000 which I could probably double twice before this ever gets off the ground or see a R/S. If not and it does R/S. I haven't lost much and still will have a position when this runs. If you don't think LATF will move 10, 20, 50 or even 70 spots.. your fooling yourself. they have already shown staying power.. they have to just be alive when the tide rolls in..
To each his own.
You are absolutely 100% correct. If LATF was going to be taken out, they would have failed when other names were halted. LATF will be here for the 2016-2017 run. I got some now at .0001 bc it is one of the names on my radar and you can't go lower than this. When MJ stocks start turning around and this next run comes, you will be glad if you have some LATF and sad if you don't. This company isn't going anywhere and when the rising tide comes, my LAFT boat will be full..
Tons of reverse splits happened today.. Surprised we didn't see MTVXD..
Have faith fellow FSPM share holders. It has been well over a year and no charges filed. No arrest. No indictments. No one taking the perp walk to the big house. The governments case is like a house of cards or a game of jinga in the late stages. They have nothing... Let me say it again.. NOTHING. Stay strong and hold.. I'm going to start picking up some shares here soon. Tick Tick Tick.. The time is running out for the government to make its case and they will have egg on their faces... I might spend a G to go visit FSPM and see for my self what is going on some time soon.. This whole thing seems more and more like a big FAIL.. Remember.. every day that passes without charges, is a day closer to us being made whole. Pretty soon the case is going to implode and I, for one, will be waiting on the other side. WITH A SMILE!
LOL.. people buying now know that LATF is not just some MJ company. They also have a seafood business incorporated within their MJ business that they had before they started the venture into the MJ sector and that it is very profitable and generates a positive revenue stream no matter what the MJ side is doing. Smart people are buying this now and holding and when the MJ sector bounces back in the next 12 to 24 months, they will be holding shares in probably one of the 7 or 8 companies in the sector that can weather the down turn the MJ sector is in now. LATF pushed a penny at its peak.. If you are buying under .0005 and investing 5k, you are in a great position when this sector pops again.
lol.. i leave for 3 weeks and come back and the arguments continue..haha
Most people duck giving straight answers.. I don't.. NO.. The political climate isn't right for it to run yet ..unless congress passes some sweeping bill to federally decriminalizes MJ.. it will be this slow drip of states passing MJ laws one by one until there is a tipping point. But believe me that this will happen. When states see other states getting money from MJ taxes, they will slowly trickle to all of them. Not bc the taxes they collect are helping but bc of greed and what state legislatures want to spend the money on. My time table is probably around election 2016. I am also looking for some sort of stock market crash then too. Look at the last 3 presidential terms where there was a change in president after 8 years. Regan, Clinton, W. Bush.. all had a stock crash after the presidency. Just saying. Trends repeat themselves. I don't know what kind this will be but I am sure it will come. imho - so have money parked to buy blue chip stocks when they fall.
Man.. I hope this drops into the trips so i can load up.. last time I got in at .0028 average and sold at .09.. made a killing.. FYI folks. the MJ sector is going to run again.. it might be a year or 2 .. but you wanna get companies that are at least somewhat sound and that are viable enough to exist until the next MJ sector green run. ERBB is one of those that will be around IMHO.. GLTA..
Haha.. I have watched this stock for over a year.. I got out in the green a while back.. I have been hoping this would drop into the trips. I am a buyer again at around .0003. When the MJ sector runs again.. LATF will run hard. I am sorry to all those holding bags but when this runs again, do not sell to break even bc you are frustrated. Have patience, It will pass your average and you too can make cash.. This will push a penny again but this time I will be loaded and ready for the green wave.. GLTA..
haha..start a false rumor out of thin air..they are still open..why so interested tho? I was here way before they fell almost 18 months ago.. what about u?
Someone is trading this stock daily.. never has the volume been zero.. whats more is that you have to call in to make this trade by phone... you can't just place an order online and expect it to go thru.. trades may be small but someone is still trading it..
It will be days before people realize that this report is much better year over year than last year.. the company isn't bleeding as much money as it was. They are turning it around.. Overall, a good report.. YOD is headed in the right direction..
I disagree..at this point ..no news is the best news you can have... This is a battle of attrition now. The government and their "so called investigation" and FSPM. Statue of limitations or NFC (no charges filed) is what we are waiting on now. It has been, what, a year or almost a year and no charges yet.. It seems the only way the government charges something is if Dittmann and company get out front and dig their own graves by providing info that the investigators may need to make a case. So far they have zilch. If it takes another year or even two, the case will get dropped eventually. I know that this probably doesn't fit into your time frame, but, for me, I have so much invested, I'm waiting until the bitter end. I have the time and have other funds.. I can afford to wait.
P.S. If the government had a case (even a sliver of a chance at bringing charges), FSPM would be charged by now. The silence from the government tells you more about the situation than the silence from Dittmann.
This company has done nothing but sell shares to pay for everything. I am not surprised that this has fallen to 2 pennies or even less. They will never get a license.. this is all a dog and pony show. They are taking share holder money to pay themselves a salary and have a job for a few years...all the while knowing full well that a license will never come. This stock has been in a free fall since it was around 80 cent and the company was selling and giving away shares for any and every expense it encountered. Nothing but a straight scam and false hope.
I think they will try to keep the Friday AH release tradition going.
Probably!
People should understand that the MJ sector runs in cycles. We are not at the bottom yet. probably 6 or 9 months out from the whole market bottoming out. When ERBB gets to the .002's or .001's .. I'm a buyer again. Load up for the next run. About what they sell. It doesn't matter. They are a viable enough company to stay in business and not get dinged by the SEC. This is not a long term investment. You get in at .001 or .002 and hope you get another run to 10 cent. Case Closed.
For what exactly? If you don't mind me asking, did you have a position before the R/S? If so... What happened to it? Are you up or down? This question is for anyone who wants to answer BTW.
Are people able to buy this since they added the -D? I haven't tried but this movement makes me what to think about making a move.
Obviously you haven't thought this thru. I have. Judges are people but they are people who we often overlook and disregard "UNTIL" we get in trouble or find ourselves in front of them for some reason. There are (20) twenty possible Judges or Magistrates that will preside over any hearing or trial that arises from any charge regarding F.S.P.M. I know from experience that there is nothing like taking the time to write(type) a letter to a Judge/Magistrate. It makes all the difference in the world. (Having a good lawyer helps.) But in order for them to get that letter, you had to look them up.. You would have had to show effort. Not saying these people have a God complex but they do judge other people and render punishment and so forth. That is a powerful position. To just acknowledge their position is enough to get your issue moved to the top of the pile. (You should use the same approach with doctors - FYI) But yes. It matters. It will matter if it comes to it. It is a huge sign of respect to get a letter from a "victim" who will travel to all court appearances (furthering their suffering) to be first in line to get some compensation from a fraud. Ego's get catered to all the time. Judges are no different. Try it on your next traffic ticket and see what happens.
I digress.
I find your answers about the questions I asked to be more troubling and cast more of a cloud than clearing things up. That said.. unlike you .. I source my work. Here is the website to all 20 judges..
http://www.cod.uscourts.gov/AbouttheDistrict/ContactUs.aspx#judge
and here is the contact info to the person I contacted for updates on the case. Note: I didn't get much information but I think it is time to contact him again and see what he has to say now.
Dorschner, Jeffrey USACO (jeffrey.dorschner@usdoj.gov)
I can agree to that ... that sounds very reasonable. But first, are you going to source your work or do we have to keep guessing where you got the 200k shorts figure and the 2 million confiscated? That would seem to be a reasonable place to start if we are to "pull out of this mess together" - don'tcha think?
Sorry if you think I was "laying into you"! I wasn't .. I was pointing out that you arrived on the scene (this board) clearly way, way after the run up, the run down, the halt and the crash. It's like 30 of us were eye witnesses to an accident and you showed up just as the tow truck was leaving with the cars on it and the man sweeping the glass off the street just finished up and was about to go. I mean you didn't join Ihub until mid September. You may have a position - I don't know (or care to know) but you weren't vocal about what was taking place until way after events has already transpired. (That is not person..those are facts.) I joined Ihub about 3 months before I ever made my first trade. I have had my issues with FSPM and made them publicly known. So my questioning whether or not you are really who you say you are is just a result based on deductive reasoning. I mean you show up to an accident after everything is finished and start talking as if you were there with the rest of us. So my test is to evaluate what you say and so far it doesn't look convincing.
My two issues.
1. You say that someone (you hinted at Sears) shorted over 200k shares from the high at $9.20. How do you know it was Sears? How did you get that number of over 200k?
2. You say that the F.B.I. confiscated not just 200k in the raid but 10 times that amount. 2 million dollars. Again, how did you get that information and from where? Please verify if you can.
Maybe Scott Dittman did scam us. Maybe he is trying to get everyone to sell their shares and he is buying as many as he can every day so when the shoe drops he won't have as many "victims" as he would have had, had not people chose to sell. But I'm not that person. Either way, that 200k will cover my loses if they get charged with fraud or the F.B.I. doesn't charge and they start to do business again. In any case.. there is no news and absent that, I won't sell one dime until the picture is clear - others who can afford to hold.. shouldn't either.
So to sum this all up - it's no hard feeling, nothing personal - I just don't know you and from what you have asserted so far (see above) can't be verified. Bring some proof of what you are saying and we kewl. iight.
You have to be charged with something before a day in court arrives. Probable cause is the lowest standard imaginable. The FBI raided almost a year ago...confiscated computers, confiscated at least 200k (some say 2 million but haven't shown proof of that number anywhere - seems like it was pulled out of the air) but the bigger point is. 11 months and no charges filed.
I've heard all the arguments. FSPM didn't have real customers and were selling pods to companies owned by companies started by Dittman's wife etc. Then the Sears guy. He is a felon. He is a brother-in-law to Dittman. But what did he actually do? How does that fall on Scott Dittman and F.S.P.M.? If Sears was never a named part of the company, how does his stock trades (if any) have to be reported? It all looks very shady, but is it illegal?
So far, all I have gotten is opinion pieces and no facts. The FBI raided 11 months ago, so why haven't they put this rag-tag organization (Dittman, Sears and both their wives) under a jail somewhere? Short answer - THEY CAN'T!
As each day passes - it is looking more likely that they won't.
Until such day passes - I will just sit and wait and see what happens.
No one is talking about what happens if after all this time the feds find nothing to hang their hats on and this whole thing was a big waste of tax-payer dollars and everyone's time. And that looks like (more than likely) where this is headed. Just a thought.
why are you asking folks about their positions or lack there of in FSPM? I see it as nobodies business. Looking at your post.. you say you have all this knowledge but you didn't join Ihub until well after the stock was suspended. why shouldn't people think you are shilling for the company and trying to get everyone to sell their shares? If there is a legal battle coming and money that has been confiscated and paid back to share holders, those without a position will be the biggest losers and last to get paid. Where was all your "knowledge" before or even during the fall in the pps? Just saying. The only one looking suspicious here is you. The rest of us, that you are calling into question whether we work for FSPM, have been here for the long haul. So what is your purpose? Come to think of it..It really doesn't matter what your purpose is. You are answering your own post - enough said. I don't think anyone who is holding a position is listening to your rhetoric. this is almost a year with no charges filed. The case is more than likely to get dropped because of lack of evidence rather than someone going to jail at this late date. All this time and no arrest - not one charge with all the "evidence" they gathered? Only ignorant people will sell a dime of their position now if they haven't done so without knowing all the facts.
Good move...Nothing wrong with taking a profit if you can. A ton of shorts covered today. I don't see too many new people getting short positions now that don't already have them. I believe that this is the start of a run. I could be wrong and have been known to be wrong before but... We will see.
I'm not looking at this report thru rose-colored glasses but NQ had to do a lot of cleaning house to get their financials and their reporting in order to be trusted by Western investors. I believe that is why the 4x or 19.9 million loss is an effort to come clean and gain some trust back from investors. The company is making money. I see it as a one time thing rather than a systemic issue. at any rate the company's valuation as it stands right now, very under valued. This is an 8 dollar stock. I think they are taking the right steps to get to where they need to be and I believe that this first qrt report will come quicker than people think. I think it was planned that they would one-two punch those reports to give the stockholders a boost plus with the buy-backs, feels like a good attempt at settling the issue over any questionable financial standing. IMHO.
Even though we didn't get the huge bounce, I think the stock has turned the corner. $5 will come over time in the near future. There couldn't be better news but people are skittish for some reason. IDK. NQ is doing everything on their end though to right the ship and get right with investors. PPS should climb over the next few months.
NQ beat earnings...breakout today. $8 by EOM $$$$$
NQ beat earnings..breakout tomorrow. $8 B4 EOM! $$$$
EASY MONEY!
NQ breakout tomorrow..beat earnings $8 b4 EOM!
EASY MONEY!
Everything depends on what type of volume at the opening. NQ averages something like 19% shorts. The pps is 1 dollar off its 52week low of 3.22. This stock is still cheap. If there is any significant volume tomorrow, a significant number of those shorts will go ahead and cover. AH volume around 200k is nothing to sneeze at and up nearly 9%. They will cover first thing and take a small loss, rather than test what will happen later on if they were to wait. I hope if NQ moves, it is a good move. It is about time.
No one is trading..Everyone is holding it. I just tried and no dice. Will try again pre-market but you can only go 5% above closing price. This will gap and run tomorrow. 22 cent beat on earnings. Should hit mid 80's I think. set your alarms and get up early.
AEZS): Q4 EPS of $0.06 beats by $0.22.
If you know anything about the NASDAQ it is that they have a compliance standard of $1 per share for their minimum stock prices. When people see NASDAQ stocks below the $1 dollar range, either it is a good short or a long play. I don't know which way AEZS will fall but it will be interesting to see them try to stay in compliance with NASDAQ rules.
Do you know the reason for the sell off a little over a week ago?
up in after hours trading..