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Phat: IMO, this stock should be near $.05 a share. How many Pinkies run on nothing but hope and hope and hope and hope and hope and ...
But HOW does a retail investor see hope in a company? It takes the CEO to inspire it.
One would think our CEO of Clicky is strung out on drugs or something much worse, like divorce or physical illness. Where is this dude living in his mind? He somehow evidently "thinks" that telling us that increased revenues is reason for us to stick with him?
Increased REVENUES means squat-diddly when there is no means of investors having HOPE that these increased revenues are going to translate one day into PROFIT.
No hope given that profit will one day be realized? Major Negative! (Sell - short!)
Silence until the last week of every month for the next PR? Negative! (Sell - short!)
This CEO does not know HOW to bring investors to his table. He may be offering a wonderful service to those he serves, and he may be as honest as they come ... but he's lacking ONE critically important thing IMO:
The ability to bring investors to his company.
I wish it wasn't so. This company has so much potential. But ... a company will only get rewarded in Pinky land when the CEO changes hope into BELIEF.
If he can't pull this magic off soon ... he's just another Pinky shell.
Sad.
Phat: IMO, this stock should be near $.05 a share. How many Pinkies run on nothing but hope and hope and hope and hope and hope and ...
But HOW does a retail investor see hope in a company? It takes the CEO to INSPIRE
I would say that within a day or two, we have placed this bottom firmly.
Niss: That would be wonderful, you stopping by the address Rick has listed, and sharing what you encounter.
If you don't mind my asking, have you put any money yet to this stock, or just thinking about maybe doing so?
Lucky
Xtreme: I forgot who posted this earlier, but is it possible that Berman isn't all that interested in seeing the share price rise ... right now?
The MM's aren't, that I am POSITIVE of! What do THEY know that you and I don't know?
Seems strange to us longs ... but things happen behind closed doors that we retail are privy to not knowing of.
Here's what we DO know:
1): Uranium is HOT
2): GLXI went to $.40 without ANY assurance that they will make one dime off their leases. (How they going to get it out of the ground, at what cost/s?). Speculation ALONE caused that stock to soar, and if it wasn't for the visicious bashing attack on the stock, it most likely would be near $.75 right now.
3): GLXI is in Canada. Can anyone fully trust what goes on in Canada when it comes to mining? If Berman was buying mine leases in Canada, would you even be INTERESTED in RSDS? Bet not. Berman is buying leases near a workable mill. Berman is buying leases in the good old U.S.A. Berman is buying leases where it was a FACT that there was uranium when it was mined before.
4): Berman may very well have picked up a means of raising cash that does not necessarily mean he is selling shares forever hand over fist to raise cash. He may have cut a deal with an instituion who is doing much of the buying at these ridiculously low prices right now.
5): At the current price in which you can buy RSDS, this may very well prove to be the greatest BLESSING the stock market will ever hand any of us. How so? Because none of us truly know right now what these leases Rick is buying is truly worth. What they are worth this summer may change in a blink of an eye, depending on world events.
6): Anyone who can't see this stock appreciating to a minimum of $.01 in due season is blinded by a tree of doubt and fear planted about six inches in front of their nose.
Me ... $.01 is peanuts compared to just how quickly this stock can run to $.10 and $.20 and ..... higher.
Of course ... this ALL hinges on the integrity of Rick Berman, in my opinion. Is Rick happy to stick upwards of a million bucks in his bank account by conning us to buy his shares and then retire off it ... or is he going for something bigger than a possible million bucks? Is he going for the pot at the end of the rainbow, where there are priceless jewels too precious to even sell?
At roughly $.0001 a share, I would hope I'm not so stupid as to not put money into this company, and patiently wait this thing out to see which way things go. Weighing the pros and cons ... it seems very reasonible to me that I will at least break even on my investment, if Rick is taking us all for a ride. What really do I have to lose?
Dead money sitting? Uhhhh ... show me some other pennies that offer any more promise than RSDS, really? The whole lot of them are as "iffy" as RSDS in their own right, especially since the SEC decided to swing their spring baseball bat on Pinkies.
I was just curious, Matt, how long you have been in this stock. Hang in there.
Dak: I'm with you. This stock has the MOST UPSIDE POTENTIAL of any Pink out there. Rare is that a person can pick up shares of a company with this much potential this CHEAP. Mind boggling to me.
Abby: Seller(S)? Don't think so. Just one seller - Berman.
As I suspected. Somehow IVAY got lumped in with "the Pinky bad guys" and is now trying to figure out how to deal with a governmental agency that needs a good house cleaning and much-needed overhaul, in the opinion of many.
Johnbus: Might we conclude that KSW management is STILL in negoiations with the SEC to market the EM-100 process, based on the year old PR you posted?
I believe much of the "guessing game" is behind us, longs, in terms of our CEO's priorities.
We're in a KEEPER!
I have concluded that this company is a for real "pump and dump."
They pump that oil ... and they dump it in the holding tank ... for trucks to haul it to the refinery. I LOVE pump and dumps like this!
FORD: We need more sellers? Huh??????
Any way you can convince the MM's to buy some shares some shareholders would LOVE to sell?
While patience grows thin and we all grow older ... how about a story to ease the frustration?:
A man and his dog were walking along a road. The man was enjoying the scenery, when it suddenly occurred to him that he was dead.
He remembered dying, and that the dog walking beside him had been dead for years. He wondered where the road was leading them.
After a while, they came to a high, white stone wall along one side of the road. It looked like fine marble. At the top of a long hill, it was broken by a tall arch that glowed in the sunlight.
When he was standing before it he saw a magnificent gate in the arch that looked like mother-of-pearl, and the street that led to the gate looked like pure gold.
He and the dog walked toward the gate, and as he got closer, he saw a man at a desk to one side.
When he was close enough, he called out, "Excuse me, where are we?"
"This is Heaven, sir," the man answered.
"Wow! Would you happen to have some water?" the man asked.
"Of course, sir. Come right in, and I'll have some ice water brought right up."
The man gestured, and the gate began to open.
Can my friend," gesturing toward his dog, "come in, too?" the
traveler asked.
"I'm sorry, sir, but we don't accept pets."
The man thought a moment and then turned back toward the road and continued the way he had been going with his dog.
After another long walk, and at the top of another long hill, he came to a dirt road leading through a farm gate that looked as if it had never been closed. There was no fence.
As he approached the gate, he saw a man inside, leaning against a tree and reading a book.
Excuse me!" he called to the man. "Do you have any water?"
"Yeah, sure, there's a pump over there, come on in."
How about my friend here?" the traveler gestured to the dog.
"There should be a bowl by the pump."
They went through the gate, and sure enough, there was an old-fashioned hand pump with a bowl beside it.
The traveler filled the water bowl and took a long drink himself, then he gave some to the dog.
When they were full, he and the dog walked back toward the man who was standing by the tree.
"What do you call this place?" the traveler asked.
"This is Heaven," he answered.
"Well, that's confusing," the traveler said. "The man down the road said that was Heaven, too."
"Oh, you mean the place with the gold street and pearly gates? Nope. That's hell."
"Doesn't it make you mad for them to use your name like that?"
"No, we're just happy that they screen out the folks who would leave their best friends behind."
In case anyone wasn't aware of the PR issued earlier this morning:
Russell Industries: Russell Industries to acquire 8 mine claims
HOUSTON, TX, Mar 26, 2007 (M2 PRESSWIRE via COMTEX) -- Russell Industries, Inc. (RSDS.PK) has agreed to acquire 8 Uranium mine claims, known as the "Rage Mining Claims" in San Juan County, Utah from BRW Mines (Monticello, Utah). The Company plans to engage BRW to mine part of the claims in coordination with buy orders from interested mills. "The opportunity to acquire these claims is consistent with Russell Industries strategic plan for 2007", Rick Berman, President. The transaction should close in April.
Out of nowhere the MM's let this run last time in a very short amount of time (less than a couple of hours!) from $.001 to $.002. It ran on no news, and very little volume. So if there is anyone who is thinking about doubling your money easy, I can't think of a better investment to do that, then here with RSDS.
It will double again, by the way. Maybe as soon as tomorrow. This next time it may just keep on going too, instead of stopping when flippers exit at $.002 area.
IMO of course.
Pretty obvious some interested party/parties wants to keep this down.
Rick might be wise afterall in not releasing too many PR's right now. Why waste them, if a lid is being kept on RSDS?
Thoughts ... anyone else?
Morning board. I think the fact that we got a PR today (though no one would know about just looking on Bigcharts or Yahoo (hey Ricky B. - wake UP!) ... this is VERY, VERY encouraging for those who are thinking about taking a position in RSDS, and/or adding to their position.
This PR tips the CEO's hand in my opinion. It gives a possibly strong and encouraging hint in where this company is heading from here.
Now -- if Ricky boy would be wise and issue a PR that he has rethought the future direction of the company ... and he's backing off acquiring real-estate in the tropics and plans on concentrating entirely on Uranium ... (or convince us WHY staying that course as well would be beneficial to shareholders) ... this stock would get a huge influx of new investors who are waiting on the sidelines to see if this CEO has the brains it takes to attract more and more long term investors, instead of quick flippers, and more shorters.
I truly hate to be this transparent on the board, especially on a day like today, but I know of some deep-pocket investors who have some healthy bankroles who are very much prepared to help this company become on par with GLXI ... if the CEO will become as transparent with its shareholders as GLXI is with theirs.
If I thought Ricky boy would read my email, I would have sent this directly to him instead of posting in on the board, but at this juncture, I have zero confidence it will get read by him.
Ricky ... if you're reading this ... you are looking a gift horse in the mouth by those Uranium properties there in Utah. If you don't have the right stuff to DEVELOP your company to its full potential ... be humble enough to seek out good counsel and LISTEN to it. Forgive me please if this stings, but if you have so much money it doesn't matter to you in making more, then I can well understand you laughing at this post.
But if as I suspect, that you enjoy making money ... then start releasing PR's on ALL major boards, and keep shareholders updated. You don't have to PR a bunch of BS. Be honest. It is so rare on Pinkies, you might be amazed at how much investors will reward you just by being HONEST and TRANSPARENT.
Lucky
My gut hunch is that this PR will explain WHY GLXI has come under such a vicious bashing attack, and WHY shareholders may do well to be very SLOW before panicing and selling shares:
NEW YORK, NY, Jan 11, 2007 (MARKET WIRE via COMTEX) -- Globex, Inc. (PINKSHEETS: GLXI) today announced that it has received several take-over offers from international organizations. The organizations have proposed to acquire all the outstanding common shares of Globex via a friendly take-over bid. The offer price per share is well above Globex's current price per share. Globex's Board of Directors will thoroughly review all of the offers this month and decide which of them, if any, is in the best interests of shareholders. Further details will be disclosed upon the signing of a potential take-over support agreement.
With all the money that ISA may well be bringing in down the road, wouldn't it be a hoot to see Miller take ISA private? Hey - who needs the SEC grief?
Dak: Glad to hear it! I would very much like to see RSDS bless a lot of shareholders, including Rick Guy, even though I really don't think I would care to be his neighbor, from the image I've gotten of him thus far on this board. Maybe in time he'll learn that a good rapport with retail investors can have a much greater effect on his success as a CEO than what he now realizes.
Then again, maybe his grandmomma has left him an inheritance so large that making money now bores him, and that all he ever really wanted to be from a child up was to make certain that the United States would not have to be dependant on foreign oil indefinitely ... and helping it be energy self-sufficent through the help of Nuclear Energy was to be his real purpose for being born.
Hey ... we're in Pinkyland. Here in Pinkyland ANYTHING is possible, right?
OT: Hope everyone reasonably new to investing in pennies and has money in RSDS, or is planning on putting money to it ... takes the time to read the GLXI board.
Start back with Friday morning's posts, if you have the time.
In case you are short on time, I'll just quickly mention a head's up about WHY I recommend you read their board.
There is a concentrated and viscious attack to bring the share price down in my opinion.
If and when RSDS should ever come close to GLXI's share price, you can at least be mentally prepared to deal with something similar, perhaps.
Lucky
EnergyGuy: Regretably, the kind of PR I would like to see doesn't fit either of your two options, BUT ... it would read to the effect:
"Stockholders can have full assurance that in order for Me, Ricky boy, to come up with a million dollars cash, I promise there will be no R/S shortly after I reach my million dollar goal, even if the share count is well over a billion by then, and the share price has so many zeros in front of "1" that we go down in the Guiness Book of records as having the highest number of zereos EVER."
Realwill: Hang in there. GT will most likely have some positive "raw-raw" for the board soon.
Shuckins ... surely the CMF is soaring 'bout now!
A PR about nine days ago would ALSO have been nice.
From yesterdays Financial Sense.com:
Yet another Energy sector that has come through the recent selling squall within global markets in great shape is the ultra-high flying Uranium sector. In what can only be described as a stunning turn of events, on March 1st, Energy Resources of Australia (ERA) announced that its very major Ranger Mine, was shut down as a result of heavy monsoonal rains that had drenched the roads in the township of Jabiru near Darwin Australia. Energy Resources is one of the world's larger Uranium U308 Producers, accounting all by itself for 11% of worldwide Uranium production. While not as devastating an event as the Cigar Lake flooding which befell Cameco Ltd (CCJ) last November, this nevertheless looks to cut back badly needed supplies to a very tight market.
Guys -- may I be frank? My impression of Jim Miller is that he is trying to play the role of a seasoned CEO, and he simply isn't ... yet. Like all CEO's, he has a lot to learn.
Having said that ... if ANYONE thinks Jim Miller is smoke and mirrors and just another Pinko scam artist, I am believin you are wrong.
USIS does NOT sub-contract out work to "Pinksheet scam artists." They carefully choose who they allow to work for them.
What has happened here with the SEC halting this stock - I believe - is truly a blessing in disguise. It is forcing Jim Miller to grow up faster than what he expected to have to IMO, and start thinking like a BIG BOARD CEO that he may very well prove to become.
Yet it is not ordained to happen. Miller needs to be more transparent with investors. It is fine for him to be "super-spy-sleuth" ... but it is NOT fine for him to be likewise with the investment community. Openness and transparency is the KEY that unlocks blessing from the investment community ... otherwise Jim's stock gets shorted into oblivion sooner than what he can imagine in his worse nightmare.
This is Jim's time to chit or get off the pot. What is it going to be, Jim? Are you going to rise to the expectations of USIS, or are you going to be another Pinksheet has-been who settled for a few pennies on the dollar when you could have made millions?
Do what your festering counsel advises you to do, and become a REAL leader.
P.S. Tiredness has a way of bringing out the worst of us.
Zeener: I hear you about past plays going much higher than what one might ever expect. Someone posted awhile back that they have certain companies that are HOLD shares, unless something should change that, and then they have money for junk shares, that they just flip.
I'm with you on this company. RSDS shares are going to be hold shares for me, until we see how things unfold with this company in the months to come. As the price of Uranium keeps climbing, with atomic energy getting looked at much closer than in the past, and with the Mesa Mill being the ONLY Uranium mill in the U.S. ... Hmmmm.
At the current share price of RSDS, it's a no brainer for me to put money to it and sit back and wait to see how things play out. I've watched this stock double twice in the lost two months, so I KNOW how quickly it can move when buyers rush in.
Buying shares of RSDS at $.002 and selling them at $.004 sure looks to be about as safe and sure a flip as there is out there right now (for you flippers), though with one PR there may be a lot of regrets flipping, because there may be no looking back.
This is one of those plays that might well prove to be a very lucrative investment for the patient. I really don't think it'll take all that long to see this move into the pennies, providing Rick doesn't dillute the snot out of this without releasing some decent PR's.
I would love news that says Rick is buying even up more mines in that area, then I can tolerate some dillution. There are the Big Boy Uranium mining companies that may very well pay a handsome price for Russel's Uranium mines in that region.
It will be interesting to see how this all plays out. I think this is one of the safest plays in pennyland in the next few months, and one with the most upside potential.
What makes me have such confidence? GLXI.
Has anyone reading this ever met Rick Berman personally; done business with him in any way? You can PM me if you don't want to share it on the board.
I give you my word I'll stay quiet about what you share with me.
Thanks,
Lucky
If this stock never had a huge naked short position against it ... it's ABOUT to.
This last PR will attract the sharks like little else will IMO.
Tonyp: Don't think so.
Want to bet they will give you a fill at $.03?
Thanks, Creede for the encouraging news!
Very nice day indeed!
If this pulls back below $.002 today ... OH BABY!!!!!
Screamer: Never considered that angle: Spam free stock! Awesome positive.
Shucks ... maybe the SEC will use this company as one of their premier trophies of stamping out spam, and give an official notice of their blessing to KSWJ just to show how nice of people they really are.
I'm buying tomorrow!
NoWay: I've considered all of the factors you bring up in your well written post, which WAS why I told myself I would wait to buy shares once this stock hits $.01
But silly me ... I happened to be watching this languish much of the morning around $.0009 ... telling myself I should be loading up ... loading up ... loading up.
Then before I could brush my teeth and comb my hair, this little pup jumped off the porch and started chasing the biggest bear in the woods! Now go figure?
NoWay: Very thought-provoking post there.
If you could buy shares of a company that is buying up possible uranium properties ...
Or if you could buy shares of a company that is buying up possible gold properties ...
... And the shares cost you the same price, which do you think you could buy the most buckets with in a year's time?
FORD: Suppose that EM-100 stuff would help cronic constipation?
Aunt Gertrude strains so hard when she tries to go her false teeth keep poppin' out of her mouth.
Could you do me a favor and send me a few ounces of that stuff and we'll test it out on Gertrude, what say?
Aclark: As the saying goes in Pinko-land, you can never go wrong taking a profit. One of the best positives of doing so is that you'll have to pay fewer taxes, right?