Left You All In The Dust.
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We're about to open another trading day, so I wanted very early set a few CNCG people straight concerning their recent posts.
DrPat, I wouldn't follow you across the room, so what makes you think I'd follow you on Twitter.
Dr #2, CNCG's attendance/booth at meaningless Micro-Cap conventions are a waste of time if the enterprise is nothing more than a holding company for small businesses without the necessary market pizzazz that gets you noticed. Gerber was right about CNCG being "boring."
What an accurate but painful admission for imprisoned CNCG investors to have to hear from the CEO of their company that now appears to have all the charisma of a doorknob. Don't kid me. There isn't a one of you CNCG shareholders who doesn't wish they had saved their money or could have it to do all over again, thus underscoring all I've been asserting.
Concerning the rise in CNCG volume yesterday, how much of it was by the very ones posting on this board? Phony, self-induced volume cannot be sustained. To move markets you must use resources. I just don't think any of you CNCGers have deep enough pockets to keep this up.
What was the purpose of posting the blurb about Original Sprout exhibiting in an Expo in Anaheim? At the end of the Expo will Wall Street suddenly shoot CNCG to $4?
Product Expos, like this "fluff" news link about it are of no use to increase valuation. Nor will they get CNCG's balance sheet out of the toilet any time soon.
NEWS FLASH!!
The very same CNCGers who are crowing about the CNCG price and volume are the very ones doing the buying to prop it up.
What's your game plan? To "buy" your way back to $2? Smarter people than this CNCG bunch have tried that scheme. Their paths are littered with trade executions of self-manipulated stock that fell right back on their heads! Your plan only works for so long.
Now for me, its back to initiating real stock market trades on real stuff with real volume that I don't have to prop up solely with my own money. That plan works all the time.
If you're not interested in doing your own investigative work with CNCG based what I put before you, don't expect me to do it for you.
CNCG's Directorship are as transparent as glass to me. If you draw other conclusions its because you've sat on your hands.
Its less than half hour before market close with the Dow up 30+ points and I've just taken profits and closed out my long positions for the day.
For you CNCGers, let me tell you something that I once read posted on Raging Bull that contributed to my wariness about CNCG. Several years ago, someone posted that in a conversation he had with David Neibert, Mr. Neibert let it be known that he had taken almost twenty companies public with his capital group.
Folks, to smart individuals, that admission is not a positive, but a huge NEGATIVE that I always kept in the back of my mind and gave me even another reason to keep CNCG as a news-driven trade for me and nothing more.
Anyone who has taken that many companies public knows exactly how the game is played and how the deck is stacked and manipulated against shareholders. Also, people like that know just what to say to shareholders along the way to keep them appeased. More money is made by penny stock IPO proceeds than all of you are aware of.
As proof, ask Mr. Neibert to forward to you just who those companies were and then prove to you where those companies are now financially. Don't stand for any BS from him in this process either. Get their stock symbols and demand explanations.
Do that and then tell me what you think. I'd really like to hear your feedback about this.
The other killer for you CNCGers that is lurking out there is the ever-present reverse-split that Gerber and Co. will use to keep the share price afloat. From there it will be another walk-down of the new price of CNCG as happened from the last $2 R/S price you all are suffering from now.
How many shares of CNCG will you folks buy today to save face in a futile effort to score points with me?
Gee! 1,153 shares sold for $1.25 (totaling $1441.25) and suddenly CNCG regulars here speculate that this supposed
"breakthrough" could be "insider buying" or "news pending." Why not throw out there that Warren Buffett may be wanting to acquire the company?
My, you CNCG folks are easily ralleyed, prodded and entertained with you're own suppositions.
If nothing happens now with CNCG, what will you say happened then?...."Must've been outsider buying by self-deceived purchasers unknown to us"???
That's where I would say it came from....or the usual CNCG crew wasting money trying to bolster their credibility by creating phony volume as they add to their positions based on mere hope and a prayer.
You'll have to do better than that to impress me, gang.
I might add that you CNCG people greatly remind me of small town, low division high school football fans whose team can do no wrong in spite of 30+ years without a winning season, and a coach who keeps on saying that "this year will be different."
That's a VERY APT and FITTING comparison if you think about it.
Despite no end to disappointments galore and decades of letdown after letdown, you're still long on being loyal cheerleaders and supporters of CNCG, almost to a fault. But the onfield execution of the team's game plans perennially just come up woefully short and somehow never get you anywhere near the state championship.
Again, the above assessments of you from myself have proven to be a spot-on summation of the lack of understanding that most of you embody. If any of you think that your stubborn and delusional penny stock (or listed stock) thinking is going to bring you the ultimate monetary success you crave, I'm here to tell you that it in the long run this just won't materialize. You'll always find some way to lose it, folks. If it isn't CNCG it'll always be something else you've fallen for.
As the saying goes, fools and their money will ultimately be parted. In truth, the stock market is the greatest prover of this adage being played out before our eyes daily by those who hold the same losing market concepts you do.
The strong suit of certain CNCG posters seems to be how to avoid and deny balance sheet reality at all costs in the face of real trading pros, while futilely posting flailing, desperate, grasping-at-straws input.
This is akin to someone foolishly trying to sell ham sandwiches at a Rabbi's convention.
Let's not waste a good piece of advice for all to see, shall we?
In separate postings, one lone voice who wants to take me to task about CNCG financials and then boast about how 650 shares of CNCG being sold in one day isn't "miniscule." If 650 shares isn't miniscule, then please let me know what "heavy volume" means in your trading vernacular.
Just firing off a response to me about CNCG financials isn't cutting it in the "Financial Facts Department." Let me point out the flaws in your hastily drafted submission. When I'm through you'll realize its time to think things through and get a lot more seasoning in market matters before you hit the "SUBMIT" button.
The GAAP issue was essentially moot as of now since CNCG's accounting practices like those of many penny stock companies have complied in this area. However, if you read CNCG's financials from years ago when I was involved in it as a trader from a "momentum-via-press release only" perspective, such was not the case.
Back then, CNCG could have offered GAAP data on ALL its filings, but chose not to like so many others. BIG RED FLAG for me overall if a company has to be SEC regulated into honest accounting principles. You now understand the reason for my wariness of the leadership of CNCG even today. From my wide experience, I'm all too aware of the ethical shortcuts small companies take to get traction. I said so near the bottom of my second message on 2/15 with the reference to "IF."
Additionally, if you were a little more well-informed about the progression of overall SEC governance in this area, you would have known that penny stocks were essentially the LAST ONES to legally comply with the GAAP vs. NON-GAAP issue.
Now, let's get to the "AUDITED" part of your post. I too have always known that the yearly 10-K is the only one requiring an audited submission, so your attachment of various quotes and links is material I'm already well familiar with for years.
However..........and hold your breath now.........with the outing and vetting of numerous Wall Street past accounting abuses within companies during the last decade, firms endeavoring to restore public confidence in their financials (including those in the penny variety) make it a general rule now to voluntarily submit audited 10-Qs as well. This is virtually an industry-wide practice especially with major exchange stocks.
Greater familiarity with that single "FINANCIAL FACT" would have led you to approach me differently or perhaps not at all. Experience like mine shows as does the great lack of it by your messaging me in a way on matters like this where you are clearly in over your head trying to prove something.
Now, let's emphasize the one thing about which you carefully AVOIDED addressing with me and about which there is no defense. Try and come up with a sensible and cogent answer to defend the pitiful "SHAREHOLDER EQUITY" and "NET INCOME PER SHARE" figures I brought to your attention. Do feel free to send me any links that you feel validate your position as a shareholder.
Sorry this got about as long as the Magna Carta, but the price was right. My wife and I treat our beloved children in the same mentoring way (minus the sarcasm I use on board posters here, of course.) We believe there should be no charge for instructive patience we give to people, and a leg up is given freely to all those who may yet learn something that we have to offer.
(P.S.) Don't any of you CNCGers ever forget that in addition to all I've indicated, the only financials you will accept MUST BE AUDITED. This added step ensures a gold standard of vigorous compliance in deed and not just in words via the usual disclaimer inserted in the preface of the document.
Lastly, YOU tell ME what level of trust and comfort this latest UNAUDITED submission to the SEC by CNCG engenders among you. Also, tell me what you are so proud of when you read the "NET INCOME PER COMMON SHARE" line in the Q.
Thankfully, my trades don't require the reading of company reports. But you folks, if you ARE going to hold on to something and defend it, hadn't you better start learning and DEMANDING to know what's at the root of what you are trying to defend.
Smarten up people. Dreamers awake! Now you are starting to see the additional downside realities to these penny wonders.
Adding to my post about CNCG's financials from last night, you now have a quickie and "certified" measuring rod with which to help you evaluate stocks going forward. This shortcut "key" is an open secret and not ever announced to the general public in an attempt to keep them ignorant by the various accounting departments of companies.
Quarterly and yearly reports are mostly replete with the boilerplate and formulaic numbers that are intended to showcase the individual company in its best light. As I noted previously, the real bottom line is contained on the one line I revealed.
To repeat myself, the "SHAREHOLDER EQUITY" entry (drawn purely from GAAP numbers) is what the real world of stock valuation experts use as one of their main guidelines to accurately assess what's going on. The SHAREHOLDER EQUITY figure buried within the financials (some companies do not even include this figure for obvious reasons) cannot be manipulated IF it was accurately drawn from all other honest and spotless data preceding it within the statement.
And with what I know about how companies operate, that is a big "IF." I'll leave you CNCGers to chew on this for a while. Use what I've included here for your own edification and for what its worth to each of you.
Speaking of the CNCG report:
One of the things you learn when you have Street training is how to read and adequately evaluate a company's GAAP quarterly and annual reports as to their true financial picture. If they use non-GAAP numbers, that is a huge red flag and is not generally trusted by analysts.
With that said, we're taught what to look for and what to skip over since the real tale is told in only a few key areas in ANY report, whether it be from small, mid or large cap companies. The same holds true for the even smaller fish like CNCG.
I'll get into this a little deeper with you at a later date. But for now let me just cut to the bone and quickly reveal the one line to look for in ANY report which represents the true value indicator of a company for any financial analyst, CFO, CPA, CNBC wiseguy/gal, market guru, etc.
That tale-telling line is: SHAREHOLDER EQUITY, which reveals the book value of each share of the company in question. Once you see that figure for yourselves, that should settle the matter of CNCG for you permanently right there. The future financials may hold something else for CNCG, but that's where you shareholders stand right now.
Check that figure buried in the CNCG report to see where your investment is as of this moment. Now you know how its done from a REAL BOTTOM LINE perspective and not from the vantage point of a DREAMER. As I stated, I'll explain more later about how to weigh the numbers you see along with other aspects of the usual accounting mumbo-jumbo that's in there as financial fodder as well.
Good Night All!
As we are about to cross the mid-day of trading, let me pass on some very quick, random thoughts:
DrPat, DrD and whoever the hell else is out there, please know that we approach this CNCG issue from different perspectives born out of two different worlds: the world of the DOER and the world of the DREAMER.
Proactive traders (DOERS) are heavily schooled in applying manifold, skilled trading practices, strategies and methodologies that work and solve problems under all market conditions. We are far more battle-hardened and experienced than any of you appear and solid, consistent seven-figure yearly incomes and beyond are the norm for us as the reward.
DREAMERS are the ones who are scattered all over the board in their approach to seemingly everything financial. With a lack of trading maturity, experience, limited capital and an innocent gullibility they fall victim to these penny stock "stories" that trap them exactly as you all have been for years. Even honest, well-meaning companies with actual value can flounder for years holding your financial freedom back in the process. Who among you can put up an adequate argument that the entire existence of CNCG hasn't been that very scenario??
As I've always stated, I wish you all well with CNCG and my hopes are that it will all eventually work out for the best. At one time it was a profitable trading vehicle for me almost by accident since I really don't get involved with these kinds of stocks. I approached it as a mature trader who knew how and when to take profits -- and also when to proceed with caution.
My key points in all my posts are to goad you folks into getting the real world trading experience (if that is indeed the direction in which you people truly want to go) while you wait for CNCG. Solid technical analysis training can be had. It will serve you well. My additional Street training plus years of ever-advancing growth in overall financial acumen, coupled with an iron will allowing nothing to stop me has also served me well.
May you succeed according to your ability to learn from your mistakes and by forging your own steely determination to eventually fly with eagles! By then, and once you've learned to trade the way we do, you'll truly look back and laughingly and ask yourselves how you ever allowed CNCG to be an almost permanent guest in your homes.
Ciao!
DrPat, since you answered me directly let's start by saying that I briefly checked your posts going back to 2011. If you're not flailing at ANVR's stagnation, you're bitching at CNCG for the same reason or its reverse splits.
Nothing you say is to be taken seriously since you obviously seem to have been stuck in both stocks with endless complaints as your only way of letting off steam.
I don't know what points you hoped to score with me by posting as you did, but you can't move the needle on failure with an inaccurate and nonsensical comment on the fly like yours.
Good luck to you anyway and a most pleasant "Good Evening." After arriving home by cab from a superb cocktail & dinner party, its also "Good Night. "
Let me also throw in GREED as you CNCGers biggest downfall.
When CNCG hit highs of roughly $0.05 THREE TIMES in a span of about three years, while coming off buying points as low as $0.0019, is when people like me made our complete and successful exits each time.
During that era the news cycles and press releases for them were plentiful and life with CNCG in one's holdings was lush.
But, there comes times where wise traders know that situations change and can only be "milked" for so long. In other words, all selling points in a stock that has paid off handsomely are not automatically followed by yet another buying point.
To me, getting back 15 to 20+ times my investments during the CNCG buying manias that lasted for a few days of each of those 3 run-ups was not to be missed. Those who knew that multiples like that don't come along every day showed their trading experience.
The greedy and ignorant who also may have bought during the bargain days kept wanting to hold on for $0.25, $0.50 or a dollar thinking that each run-up was going still higher. They failed to take into consideration that when the temporary buying spurts dried up and momentum slowed, CNCG had to fall back again it simply ran out of buyers. There's nothing new there, happens all day long in all stocks.
The epitome of the blinding, destructive power of greed was in full swing with them. Some on Raging Bull even berated me for selling my positions.
Now we come to 2019 and regretfully not everyone has gone their separate way as to how they deal with CNCG. Thankfully, I have.
MM's are your latest game players, you posit? Sheesh, you know as little about them as you do about successful investing.
The overriding truth is that the "original sin" mistake any CNCG shareholder made was by not selling CNCG when the occasional spikes occurred, at which time nice gains were had by those whose heads were correctly attuned to the concept of profit-taking.
The second, third and fourth mistakes, etc. made by CNCG loyalists has always been to stay too long at the party, justify and complain on sites like IHUB as to why they stayed too long at the party and get mad at anyone who left the party early with all the goodies and expensive gifts.
You all remind me of the late-staying guests at that party years later, now dressed in homeless garb, walking the pavement with picket signs and pounding on the door demanding that the party be thrown for them once again.
Time moves on.......and so will your money if you don't keep it under control......by putting it to work at the proper times and then giving it a rest until the next sound opportunity is at hand.
And STOP being emotional or in a hurry. That's why you make so many mistakes like owning CNCG at this time.
As an addendum to my last posting, let me add another piece of input that Senor Gerber may as well have stated in his CEO/CFO interview:
"As far as any more reverse splits to CNCG shares are concerned, we also can't promise that this too won't be an option for us to employ if need be."
You CNCGers continue to commiserate amongst yourselves on this pity party of a board where false hopes and sharing BS company promo are your norm. From my former position as a fund executive on the Street and now as a reality-based and seasoned trader, I know intimately the deeper ways in which companies vary as to how they each promote their "story."
You people are merely the "fish" that swallow the hooks of the lower level story-tellers. Sometimes it works in your favor, but at what price?......Waiting two decades while tying up capital? Having to wait years following ONE STOCK as your flagship while being virtually paralyzed as to being able to liquidate your holdings at will without great loss, or having to live with the specter of an uncertain upside for profit-taking?
Slavery went out well over over a century ago ago, but you have imprisoned yourselves willingly and for an utterly unhealthy duration in financial chains by gross ignorance. So many have had to bear similar fates even in the larger cap world.
These are lessons to be learned by one and all, no matter the size of their wallets or purses.
The trading day will begin in a few minutes. Here's my response to the Gerber article:
The CEO/CFO interview with Nicholas Gerber was nothing more than a restatement of the very same business philosophy they have quoted for the last 3-4 years. Be aware that EVERY COMPANY gives LIP SERVICE to the concept of wanting to build "SHAREHOLDER VALUE", so if you want to fall under the old, all-too-familiar financial novocaine of Gerber throwing you the scraps and dog bones of which I speak, be my guest.
Again, you gullible and troubled CNCG hopefuls, what did you expect Gerber to say?........."Look, we're still in the same utterly slow-growth cycle we've been in since I took over. We really don't have the capital to compete for any sizeable, successful businesses, so we're limited to continually bottom fishing for cheap companies we can afford."
"As I stated, we're boring as hell, the Street isn't responding yet and our new PR firm may or may not be just another of several we've hired only to be disappointed again and again. The best I can offer our stockholders is to hold on as we try to make our limited funds keep us afloat. The usual disclaimer in our financials covering any number of issues that could potentially impact our company's ability to exist going forward is all we can offer at this time."
Some cause for euphoria and celebration!
Enjoy your weekends, one and all. Let's see if CNCG spikes on colossal buying from the readers of Gerber's self-funded promo interview.
In any case, yours truly will make real money today by NOT relying on penny stock movements. Ciao!
If any of you CNCG stalwarts want to know what I really think of
the CNCG opportunity as it exists now along with its current posters on IHUB, you have only to go to the "Person I'd Like To Meet" section of my personal profile to get a sense of how you all look to me.
I think I nailed the common denominator present in all the CNCG die-hards pretty well. Take note.
There will be more sporadic CNCG postings from me to come on this page where warranted and according to the depth of the financial disfunctionality of the particular posters in question.
Only the most misguided of CNCG stakeholders with the most demonstrably misplaced of loyalties would ever think that a meaningless blurb about a Board of Directors opening is worth airing.
Perhaps he would like to personally apply to fill the opening. Then he could take his misplaced loyalty to its highest level while being the newest CNCG company stooge that can now also BS the rest of you into hog heaven.
Its your idea there, sir. Any interest on your part in pursuing that course?
Well, you CNCGers, its a little before 8:30 p.m. Christmas Night here in the Rockies. A beautiful day is winding down and its time to reflect and count blessings in the day-to-day existence of a true market trader.
And, as a once-upon-a-time Concierge stock trader, there is no Grinch looming in my portfolio with the stock symbol of CNCG for 2019. As such, I hope that (1.) your CNCG stock will eventually come through for you -- AND -- (2.) that with those liquidated proceeds, this will be the LAST STOCK any of you will ever fall in love with to the point of having to defend yourselves in the face of truth that any experienced trader would not deny.
That's a retty good Christmas and New Year's thought from me to all of you CNCGers, I think.
I'll be flying back to NYC sometime after New Year's. In the meantime, and from someone like myself who proves daily that he walks the talk of markets, I hope you guys/gals will ponder for each of your New Year's Resolutions, all I've said in the past about E-X-P-A-N-D-I-N-G your trading world.
That's more like it, DrD. Let us not need to have a correcting of personal behavior post from me toward anyone on this board ever again.
Keep it civil but spirited in our future exchanges of opinions. We can disagree vociferously on aspects of CNCG in our stances, and I respect that, but let us never disagree on posting decorum on IHUB.
With that said, may one and all have a most pleasant weekend.
(BTW, the multiple posts on my part from a few nights ago were not intentional, but a system failure. There was a 502 error page coming up on IHUB during my original submission that caused a delay which led me to believe it didn't take, My efforts back-and-forth to find out what was wrong generated the repeats, including the later empty "wealthy and healthy" titled one about which I also have no explanation for how that got on there.)
DrD, CNCG posts like the one below that you submitted days ago are acceptable. The angry, trash-talking one you submitted near the end of today's trading is not -- and I see it was properly removed at my behest.
If you can't control your tongue or your temper within the posting framework of IHUB, then I suggest you take them to a financial forum site that permits crude, unhinged input of that kind.
Likewise, if you can't find it within you to conduct yourself like a gentleman or express your feeling as a refined investor, even if your opinions differ from others, please don't expect coddling or enabling treatment from me.
Lastly, let me address your opening statement in your now-deleted posting from earlier today. I believe you started off by complaining about how the market-makers (MM's) were playing games with minute amounts of shares of CNCG.
With that comment you've again re-enforced the quagmire situation I've amply pointed out in which you CNCGers are now fully mouse-trapped. Don't blame the market makers. They're doing what they do all day every day. Look to yourselves as to why you all dug such a big long-term hole in accumulating CNCG that now you are totally at their mercy.
You're also way off the track, DrD, if you think my forthright input is in any way to drive down the price of CNCG for my own benefit. That concept speaks more about the mindset of the one who said it than it ever could about me.
I've long ago moved on from CNCG except for my ninja-like input to mostly deaf ears. LOL! The real world markets in which I rotate trades aren't dependent on market makers. They're highly liquid and if played using the technical tools I rely on are a trader's dream.
What a day today was! I'm heading to bed here rather late after a wonderful evening. I can proudly state that CNCG didn't make me and where it goes from here on will never break me. Something that any of you who may not like the truth I speak can't also say.
Goodnight all.
DrD Member Level Sunday, 11/18/18 02:30:30 PM
Re: None 0
Post # of 2434
CNCG tops Daily Stock List at QualityStock.com Oct-3
http://newsletter.qualitystocks.com/daily/100318.html#daily1
DrD, CNCG posts like the one below that you submitted days ago are acceptable. The angry, trash-talking one you submitted near the end of today's trading is not -- and I see it was properly removed at my behest.
If you can't control your tongue or your temper within the posting framework of IHUB, then I suggest you take them to a financial forum site that permits crude, unhinged input of that kind.
Likewise, if you can't find it within you to conduct yourself like a gentleman or express your feeling as a refined investor, even if your opinions differ from others, please don't expect coddling or enabling treatment from me.
Lastly, let me address your opening statement in your now-deleted posting from earlier today. I believe you started off by complaining about how the market-makers (MM's) were playing games with minute amounts of shares of CNCG.
With that comment you've again re-enforced the quagmire situation I've amply pointed out in which you CNCGers are now fully mouse-trapped. Don't blame the market makers. They're doing what they do all day every day. Look to yourselves as to why you all dug such a big long-term hole in accumulating CNCG that now you are totally at their mercy.
You're also way off the track, DrD, if you think my forthright input is in any way to drive down the price of CNCG for my own benefit. That concept speaks more about the mindset of the one saying it than it ever could about me.
I've long ago moved on from CNCG except for my ninja-like input to mostly deaf ears. LOL! The real world markets in which I rotate trades aren't dependent on market makers. They're highly liquid and if played using the technical tools I rely on are a trader's dream.
What a day today was! I'm heading to bed here rather late after a wonderful evening. I can proudly state that CNCG didn't make me and where it goes from here on will never break me. Something that any of you who may not like the truth I speak can't also say.
Goodnight all.
DrD Member Level Sunday, 11/18/18 02:30:30 PM
Re: None 0
Post # of 2434
CNCG tops Daily Stock List at QualityStock.com Oct-3
http://newsletter.qualitystocks.com/daily/100318.html#daily1
Hmmm. Foxstar, since there are always different perspectives to every issue, each with its own set of subjective biases, one could argue against your views thusly:
Since CNCG's most recent 1-for-30 reverse split, (after a previous 1-for-10 haircut months earlier) bringing the post-split "ask" price to over $2.00, your stock is down roughly 50% on the "bid" side.
If this indicates "strength" to you, I would like to hear your definition of "weakness." Please note that a bounce off a $0.56 low with miniscule volume from a rather short list of CNCG owners makes my case in its entirety.
You CNCGers are basically trading among yourselves. There's no upside if there are no fresh buyers. Selling of any size by any shareholder who throws in the towel will make $0.56 look like a bargain. If you haven't figured that out by now, you're doing your cheerleading in front of an empty stadium. The buyers (fans) have already left the game and may as well be listening to the game on their radios on their way home.
Just thought I'd check in here briefly on this Thanksgiving Eve. I have so much that the markets have yielded to me for which to be deeply grateful. I really do hope that by next year at this time at least some of you will be trading stocks in these markets the way they need to be traded.
Hopefully this will be accompanied by a firm inner vow that you will also cease getting marriage licenses between yourselves and stocks that are for dating only...........and even THAT with the greatest of discrimination.
In any and all cases to one and all of you here, GOOD LUCK!!
I believe my earlier CNCG post below on the subject of weak and inconsequential recommendations from stock-rating services that are way off the radar screen of potential buyers says it best yet again to our dear and and ever-hopeful DrD:
wealthy and healthy Tuesday, 10/30/18 01:24:35 PM
Re: DrD post# 2421 0
Post # of 2430
If one has to cite the opinion of a real no-name analytic company such as Lakeland Observer as the basis to garner wider public appeal for CNCG, you continue to prove that grasping at straws for ANY vindication of your stances is about all this board knows.
A truly small sampling of a thinly-traded, wide bid/ask penny stock via technical analysis is totally useless except to fire up its cheerleaders.
This amply speaks volumes for the low quality of positive coverage information affecting an even poorer quality stock owned by even more poorly positioned stockholders.
That's really all your efforts amount to there, doctor.
Let me also compliment you CNCGers on the 17 shares of your company traded so far today.
I had thought that a possible explanation for all of your poor investment approaches and philosophies might have been contained in the appropriate section of your IHUB personal profiles.
They were as empty as a New York City outdoor public ice-skating rink on the Fourth of July!
I believe its spelled "anticipation", not "antisapation" there, DrD.
Also, from the way you framed your poorly worded and punctuated post, you gave the impression that your hope is that there is anticipation of improved earnings.
No kidding? In your estimation, was everyone anticipating poorer earnings?
I know what you meant to say as surely as I know why you continue to beat the drum for CNCG.
Both are the result of less than adequate training in both proper grammar and money management. You can skate by in life with less than perfect diction. The other has put you squarely where you are right now.
You CNCGers and your 104 shares of volume today! Reminds me of ELAL's previous incarnations here where he put in small orders of CNCG just to move up the price. He could have gotten himself in a whole lot of trouble for doing that.
Let me tell you uninformed amateurs something. The SEC now monitors the daily movement of penny stocks more than you realize. When they see dribbles of stock creating an up move, its prima facie evidence of someone's intent to manipulate price. For all the right reasons they've cracked down on those kinds of intentionally deceptive but wholly obvious moves.
They can also flag the order to see if the small amount of shares purchased were due to a partial fill before the market-makers moved the price (which is okay), OR if the order was for just that puny amount of shares.
Some of you yo-yo's are begging to be put under a microscope. It just takes one whistle-blower or an alert shareholder to call the SEC. Who wants to be the first?
Those of us who successfully traded CNCG up and down several years ago all the way up through the "dash-cam" era (and then made our permanent exits before the "Gerber" reverse splits debacle), are the ones who made the real money on CNCG.
It was a real penny stock trading vehicle for us back then that had volume, lots of shareholder interest, plenty of chances to accumulate on extended dips and always seemed to move strongly upward on news that created liquidity events that made me a lot of money. That was a time when a certain type of patience paid off handsomely.
Since the reverse splits, CNCG is for die-hards only who just can't let go because they're stuck in this in a major league way. CNCG is trying so hard for the big time that the poor shareholders of record now who are truly caught in the middle of nowheresville, USA.
CNCG isn't really in a market. Its floundering between TWO markets -- the one they're currently buried in and one they're going to have more difficulty getting on than any of you realize.
Don't be fooled by a bid/ask price north of a dollar. Any reasonable amount of selling by a shareholder in need would push this back to sub-fifty cents.
Buyers and sellers are both scarce since neither one truly has any real incentive to trade in a no-man's-land of stagnation. Management isn't helping, nor are they as motivated to truly help the dying shareholders as you may think.
All the above sorta sounds like a recipe for something you folks in your heart of hearts would probably never want to get involved in again so deeply or have valuable capital tied up in for such a length of time.
If one has to cite the opinion of a real no-name analytic company such as Lakeland Observer as the basis to garner wider public appeal for CNCG, you continue to prove that grasping at straws for ANY vindication of your stances is about all this board knows.
A truly small sampling of a thinly-traded, wide bid/ask penny stock via technical analysis is totally useless except to fire up its cheerleaders.
This amply speaks volumes for the low quality of positive coverage information affecting an even poorer quality stock owned by even more poorly positioned stockholders.
That's really all your efforts amount to there, doctor.
The only part of the last CNCG message worth reading for its reality check value and its documented historical company M.O. is the last line in parenthesis. What else is new?
Its been another wonderful week in the overall market.
Anyway, let the good doctor continue to give you yet another posting dose of flailing optimism if that works for you CNCGers. When any of you get tired of the endless string of disappointments from blind cheerleaders who haven't a clue, believe me, you'll make a quick exit from following one-dimensional advice in a multi-dimensional trading opportunity world.
Happy weekend festivities to all. I truly have a week's result to celebrate.
Here again the CNCG loyalists are trying to defend an indefensible position. Falling under the spell of CNCG management and then trying to justify your gullibility is why all of you are where you are......in the hole Big-Time!
As I pointed out once before, the truth you seek will NOT be found from those in CNCG's management whose vested interest is that they throw the dogs a bone once in a while for appeasement purposes.
Again, just what did you expect them to say?....."Look folks, we're not going to be anywhere near the projections we throw out here, so either sell and get out now or prepare for a longer wait." Come on, get real.
They've been doing this for years with CNCG sheep. Do as you will, but what a weakness in character and market strategy you perma-bulls of CNCG are all demonstrating.
Anyway, for me its back to exercising a real market acumen today that is NOT dependent on listening to CEO's of penny stocks. Where I trade is also without mile-wide bid/ask spreads, miserable volume and market makers pulling the strings of dumpster-diving hopefuls.
God, what ultra-manipulated, meager crumbs from the financial feast you CNCGers all have settled for.
C'est la vie!!
Tsk! Tsk! Naughty! Naughty!
Phony CNCG buying volume to boost price? This effort is sure to fall flat on its ass.
Naughty! Naughty!
PUH-LEEZE.......you people couldn't be more obvious. ELAL must be back in action. The usual Fairlawn Phantom M.O.
Anyone see CNCG at the MicroCap Conference last week, someone asked?
What?? No one responded??
A good trading day to all.
Paid-for video interviews like the one with Neibert are never seen by the greater investment public who are all-too-wise as to the ways of self-promotion in the penny stock arena.
This board serves to bolster confidence among only yourselves as the very few who are here must constantly reinforce their stances on CNCG with trivial exchanges of the latest empty company fluff.
So many stocks, strategies and successful approaches to market investing that are bringing real returns daily to so many out there while the few I've lectured to here appear as stuck as stuck can be.
The financial world turns mightily and is alive with vast opportunities while the CNCG faithful only sleep, languishing on beds of promises unfulfilled, false hopes and broken dreams.
I watched CNCG for years as I traded it with great results when trading it was warranted. Holding it now while posting "fluff" company info is certainly not warranted.
I bucked the trend of the misguided perma-bulls (BUY! BUY! BUY!...HOLD! HOLD! HOLD!) on CNCG by trading this over and over several times on various price spikes following meaningful press releases. I also battled several characters of questionable mental and financial pedigree on the Raging Bull board when they thought I had lost my mind for selling.
Well, most of these posters are gone now. So are their minds and their money. They thought they were so smart while openly expressing their contempt for we seasoned traders who drew upon years of experience and a knowledge of when to take profits on penny stocks, that is, if one chooses to trade them at all. Here, extra caution and common sense are especially needed, not cheerleading.
You gentlemen and ladies of CNCG made a great tactical error by throwing capital at ANY stock you've blindly fallen in love with. Also, and in an overall sense, the weaknesses of your trading and investing methodologies were exposed. By expecting your hopes and dreams to replace the heavy lifting of what it takes to be an educated, fully-trained, diversified, market-savvy and yet flexible trader, you were all setting yourself up for the colossal fall that has come upon you.
Hmm........CNCG.
Same lame donkey with a new barn from which to shovel the same droppings. Exciting news to the totally clueless, though.
Hmmm. Sixty-two cents at last trade.
If this doesn't cure the lot of you from ever again falling in love with ANY STOCK to the point that you'll swallow the management hype and promises to the exclusion of good business evaluation and solid trading sensibilities......then gentlemen, only YOU can determine what will.
Hopefully CNCG will be the last of these penny stock disasters for the wise.
Again I bid you all adieu.