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I'll wish all of you CNCG'ers a good Thanksgiving. When it comes to the markets and all the revenue we receive each year through trading profits, at our house we indeed have much to be thankful for.
Whether it comes to you through CNCG or through some other avenue, I'd like all of you CNCG shareholders to begin right now to familiarize yourselves with and expand your knowledge of other types of trading strategies and methodologies.
Assuming you have the capital to do it now or later when CNCG has a liquidity event for you to bankroll other trades, always stay open for doing things in a way that generate profits WHILE you are waiting for THE BIG HIT, not the reverse mindset of putting so much in what you hope will give you the funds for future trading and a more luxurious lifestyle.
You can't argue with what I've just wished for you. I've done it for decades. Now, go make it happen for yourself.
More important than "commission-free" ETF purchases NOW is loss-free patience with which to purchase CNCG LATER.
NEVER BE IN A HURRY TO LOSE MONEY ON SOMETHING TODAY THAT CAN WAIT FOR LATER TO DEVELOP INTO SOMETHING WORTH BUYING. DIVERSIFY, PEOPLE!!
DrD, the points you should be pondering are the ones I made days ago about getting into CNCG only WELL AFTER THE REVERSE SPLIT. No one is arguing against CNCG in the long run, but why waste capital on a stock that will lose value even after the R/S while it tries to find its footing as do all stocks that undergo 1-for-Whatever haircut.
CNCG has received approval from the SEC and will execute by year's end a 1-for-30 R/S to get us above a dollar and off the penny stock merry-go-round. Hopefully this will eventually allow CNCG to be viewed by the street as something worth investing in. Anyone is greatly mistaken if they think that CNCG will suddenly spike quickly afeter the R/S without the required quarters of stellar earnings akin to the last Q.
Reverse splits do not impress Wall Street or attract attention at this level, but solid earnings over a period of time will. So, I reiterate, what the stock price will do in the interim post-split and until their financials impress a wider circle of buyers can't be good.
Only the speculators and to greater extent, the market-makers, will be playing games with this new stock price for some time to the peril of the true investors who try to outguess them. Keep your powder and your money dry until later or at least until you see CNCG at a price that you can't live without and decide to go for it.
Life Wasted = Buying 100 shares of CNCG @ .0999 to feel good for the moment or to BS the market. Must have been our former board member trying to save face.
Reality = Not having to do that to feel good ALL THE TIME about one's investments. That's REAL peace of mind.
BIG DIFFERENCE !!
Money wasted + Time wasted = Wasted Life.
DON'T LET IT HAPPEN TO YOU!!!
Whew! What a day for clearing the junk out of the attic! My posts are the last ones standing per the IHUB protocols that were violated.
Now, we can get back to business. Once again, those who wish to defend the indefensible position that they are in better shape NOW than AFTER the R/S, may do so.
People who wish to trash talk their opposition to what I have stated or who cannot behave themselves need not apply.
Any takers?
Well, all I can say to these precious, soon-to-be 1-for-30 CNCG shareholders, endless hopers and multi-year dreamers, etc, is:
The new acquisition, while greatly positive, cannot stop what inevitably happens to stocks AFTER a R/S. The fact is that they ALWAYS decrease in value for a period of time.
This will shave off the value of your remaining shares in the aftermath even more. Only later, after the dust settles for a time, is when your buying should start if you are indeed still wanting this company or sincere about making money, not gloating over how many shares you have now with a value in limbo and yet to be truly determined.
Any thoughts? SEC, let's hear your logic in all of this. You have a lot at stake, albeit poorly deployed and ill-timed, but you have the mic. The floor is yours.
Don't any of you give me this "Welcome back/Let's split a pie" stuff. Year-in, year-out for what is it now?......almost twenty years one of you has been at the end of your financial rope holding on for dear life with every share of CNCG you could manage to grab on to.
One of you in particular has bounced back and forth from one extreme to the other either as CNCG's biggest promoter, cheerleader and hoarder of its shares if things were going good....OR....as one of its biggest critics and detractors while being on the outs with CNCG's leaders during the rest of the time.
I don't blame you for leaving, Doc.
All we continue to have here in the main is one cheerleading character who is perennially all BUY! BUY! BUY! while boasting about accumlating endless post-split shares to add to his other soon-to-be post-post-split shares. NEVER does he do what we have warned him to do over the years, ie: smartly selling at key spike times in the past as some of us have done with great results.
The next day its COMPLAIN! COMPLAIN! COMPLAIN! to the company and anyone else who will listen about why he claims CNCG's Nicholas Gerber is out to get us!
Sheez, what a poor investing lifestyle!
drpat, I think we're both reliably on the same page with regard to CNCG. You stalwart souls are the old warriors who were present during what I understand were several previous incarnations of whatever the hell CNCG was doing for a living at any point. You no doubt can remember in great detail the actual timeline of events that became one failed business concept after another.
So "doctor" somebody bemoans the deadness of this board?
What's ANY board supposed to do?......entertain you?....do ten minutes of a comedy routine to perk you up?
CNCG has a pending 1-for-30 reverse split by the end of 2017. Try finding any joy in THAT upcoming event!
Great company, but a real buzz kill in the penny stock part of any portfolio by year's end.
Looks like its just you and me, DrD.
The other former regulars have either lost interest, moved on to other boards or have been removed from here for various reasons.
That's a shame. I was just starting to like a few of them. Tony from nearby Brooklyn was a hoot in his own way. That Jersey guy Sam was okay in small doses only.
HA! HA! Good one, DrD!
We need more laughter on this board.
Maybe that Jersey Sam guy can come back when
he's ready and give us a joke or two.
Welcome to the board, Quaestus. I love your Latin name. If I remember correctly, I believe it translates as something like "Noblewoman who has wealth" or something like that.
Good luck!
Sam & Tony, I'm bullish on the EVENTUAL outcome of CNCG regardless of the 1:30 reverse by year's end, but I'm not a cheerleader by any means for CNCG insofar as what happens immediately when ANY company at these levels does a reverse split. Market history and those who are aware of how to short stocks prove this.
Sure, we're going to be on a major exchange and off the Bulletin Boards, but at $4-5, CNCG can now be truly shorted. We will be giving the shorts, who can now do as they will do big time, a prime and juicy target since THAT, folks, is when ANY stock is at its weakest. This is MARKET TRUTH for CNCG until bottom line results are reflected through the subsequent Quarterlies which will then give us the impetus to actually move higher.
It will be an ongoing process for CNCG to finally find its market footing. Luckily for us, I believe we will have in place through the strategic moves on the part of David & Company a really valuable stock someday.
In his own rough-hewn but honest style I think Brooklyn Tony was perfectly spot-on with his last remarks to you, DrD.
Also, my matter-of-fact telling Sam that I was now off on my daily rounds which includes an occasional Windex job on the mirrored "disco ball" high above my dance floor wasn't bragging, it was just that - a fact. Even though I pay my people well and some of them would do anything for me if I asked, for insurance purposes its better that I don't try to assign the job of climbing up there to anyone else. Owners sometimes have to do certain things on their own.
If that or any of the "junk talk" as you referred to it from yesterday offends you, please know that I'm not in the "we aim to please" business with critics on this board. I only have that motto clearly in mind when it comes to how I oversee the rest of my rather successful enterprises. Gosh, DrD, I sure hope you don't take that last sentence as bragging.
Well, that's about it for me concerning you on that subject, stud.
Sam, I agree. I am truly on your side and a friend to both you and CNCG when I put forth things like I said earlier. I want you to be happy and to succeed very badly along with myself. Long and patient shareholders deserve to have their day. Still holding on for the ultimate prize.
Now I'm off with my briefcase to my restaurants to make my once-daily appearances, sniff around to see that no one is stealing from me or my partner, and do some bookkeeping. Then its over to the upstairs office at my own night club (my night job) to supervise the daytime cleanup service crew, see how much liquor and bar supplies I need to order for tomorrow, do some more weekly bookkeeping, write some checks, and then do anything else I might think needs to be done.....up to and including polishing the big glass ball from a 16' ladder. I'm kind of hands on as you can tell.
See you later.
Subway, here I come!.......and I don't mean the sandwich company.
Sam Cohen, you greatly bring this stuff upon yourself. Maybe its just your personal style of relating to people by always being in battle mode with them, or perhaps it has to do with your entire psychological make-up, but whatever it is it doesn't seem to serve you well.
From watching you on the former principal site for CNCG, Raging Bull, much of what I saw was a man too clever for his own good with a loose tongue that could or would say just about the wildest things without thinking the consequences through. I saw this work to your detriment many times. Additionally, you demonstrated a propensity for trickster antics, engaged in multiple board alias game-playing, displayed childish silliness, and manifested constant, ill-tempered revenge tactics and/or outright attacks on various board members. I also noticed that on any given day you would liberally use combinations of the above tools of yours on just about anyone. Smarter, sharper, more intelligent, and more incisive board people eventually slapped you down, but for your time there you were nothing short of an internet site embarrassment, in my opinion.
This didn't look good or play well then, it doesn't look good or play well now and it certainly isn't a good image to offer our shareholders who are sincerely seeking an exchange of real substantive thoughts on CNCG. Give it a rest, huh, Sam?
As I stated earlier, I'm not for all the constant discord one usually finds on these boards, but these Brooklyn Tony/ELAL7474 exchanges are a real hoot. Case in point pasted below. I can't help but wonder what this Tony looks and sounds like in real life!
Sam's a broad with kids? CNCG stock thru a divorce? Face like a urinal? LMFAO BIGTIME!
Brooklyn Tony Sunday, 03/05/17 09:25:38 PM
Re: ELAL7474 post# 2012
Post # of 2017
well personaly i was thinking that asweak as you sound there you might just be a lazyhousewife or something with kids of your own.
to me the only way a broad likeyou could have gotten your conceirge stock wasto have your exhusband leave it to via a divorse. he must have run off withanother woman who at least didnt have noface that reminded him ofa urinal. tell me hebecone how close
to the truth am i there???
Sam, not sure anyone of any trading consequence will see your post, but the spirit of it I admire.
As our other board friend, Brooklyn Tony might say: "Youz ain't gonna get my shares there for no eight cents there. Youz gots to raise your bids, your offers, your volumes and raise your kids there. Ya knows wud I means there?"
Brooklyn Tony.........LMAO!!! God Bless Him.
Wow Tony! Now you want me to come to see your whole "family?" Honest to God, after listening to you speak I have to ask.....are there really that many of them who aren't already in the joint? Any of them more literate than you?
Better still, instead of meeting all of you at once........why not combine all of your IQ's and then just send down one person!
LMAO!!!
No there, Tony. I'm not some kind of a university professor there. Sorry about that there. So you worked in the shipyards there? That's great there. I hope that was a very satisfying career for you there. We need your dock workers there. They unload your goods and your necessities there.
Dock workers are important cogs for your country there. So are your lumberjacks, your miners, your farmers and your air traffic controllers there. Then there throw in some of your police, your firemen, your first responders, your army, your navy, your Coast Guard and your National Guard, and somehow it all works together there. Anyhow, have nice day in Brooklyn there, uh, Tony.
LMAO there!!!
Tony, with that rough Brooklynese style (YOUR this, YOUR that) you sound just like 200 other guys I've met this week. Fuggedaboutit!!! says Sam. LMAO BIG TIME!!
From the way you write (LMAO!!) let me suggest that you get together with your English, your vocabulary, your typing, your spelling, your punctuation, your syllables, your words, your sentences, your paragraphs, your IQ, and have a good reality check.
Otherwise, as far as getting your high school diploma........FUGGEDABOUTIT!!!
LMAO!!!!!!!!!!!
Somehow the tone of these last posts remind me of exactly what I addressed here about how the prior CNCG boards degenerated into a lot of in-fighting and ego-strutting about who's got more than who in the share department and who knows more inside stuff than everyone else, etc.
Sam, apologies for being an ass are fine, but how about taking a verbal time out BEFORE you take shot-in-the-dark jabs at somebody new that you know nothing about. I gather that you are probably a big fish in the shares of CNCG, but please follow your own admonishment to me and let's try to keep it very civil, welcoming as well as informative to all others.
Cheers!......as we say at my night spot.
Sam, is that demographics company you are talking about one that you own or one that you work for?
DrD, the MENU ETF has a bit of interest for me in a slightly different way.....that is, if I ever went public, which I don't plan to do.
Besides owning a chic nightclub for the younger crowd, I'm also a co-owner of two rather upscale restaurants -- an Italian one in Mid-Town and a full-service coffee shop in the financial district that caters to the Wall Street crowd. We do a pretty brisk sit-down/to-go/delivery business before, during and after market hours at that one.
The quarterly numbers look good. Nice to see the cash on hand and figures that dwarf the prior struggling years. More good things to come!
I hear the day part of my job calling me. I'm outta here, guys.
Good luck.
Not too long ago I got into a conversation about CNCG with a few patrons that come into one of my establishments from time to time. Since they have a Wall Street background they naturally pooh-poohed the idea of a small-time penny stock, but after I told them this one might be different they promised to look into it perhaps for themselves.
I should ask them what they did about it the next time I see them.
Morning folks!
Can anybody please fill me in on the additional proposed reverse-split you seem to be aware of?
Oh, of course Sam, I should have remembered your earlier remarks about "Jersey Strong." I have friends all over Jersey from Fair Lawn down to Ocean City.
Hey, all of you have a great day, OK!
BTW, I live and work in Manhattan. Where are the rest of you folks located?
Bonne journée! Et comment tout le monde fait ce matin sur ce site dédié à l'échange de nouvelles sur CNCG?
This is refreshing. I get to use both my French keyboard on IHUB for a change and put my college French IV classes to good use again!
Our relatives in Quebec still speak it to us even though they know English quite well.
See you frogs later. Time to hit the road.
N'avez-vous pas simplement posté une réponse en français?
On dirait les affaires comme d'habitude pour CNCG.
I do speak French!!
I think you are right about that Jim guy. Wasn't he a bigger player of sorts with lots of stocks and oil stuff, cattle interests, etc. Seemed like a somewhat knowledgeable market kind of guy that had too much going for him to keep up involvement in CNCG.
And yes, you called it right. I've only been kind of a passer-by over the years. I have now about 375,000 shares of CNCG after last year's reverse split. My hopes are still high too.
ELAL 7474, I have no issues with you personally. It was your overall behavior toward others at one time on various CNCG stock sites that I was addressing. I'm glad that you have admittedly come through some rough times and are now a better man. I hope others that were also taken aback will also have a chance to see you as you are now.
Through that can certainly come the peace that was lacking.
I do remember this JOELIMA person as well that you say passed away. It is my recollection that he was a constant poster in a negative mode with just about everyone. There was also a person called BIG TRADER or STOCKTRADER JIM from Texas or California that was frequently posting about the same time that all this was going on. Are they still around too?
LOVE YOU TOO, MR.ELAL7474!!
ARE YOU THAT OLD ACTIVIST CALIFORNIA SHAREHOLDER WHO HAS BEEN WITH THIS COMPANY FOR THE LAST 7-8 YEARS?