Tuesday, December 19, 2006 10:53:13 AM
IVXX, assuming you aren't trying to manipulate the stock for a moment (that's REALLY hard to assume given your constant negative posting for the last 3-4 months), then lets look at your claimed agenda. Please understand that I'm genuinely trying to be objective here towards your position:
1. You lost money back in July because you believed no dilution of the float was taking place, based on some company communications at that time.
MY TAKE: I've yet to see evidence from you that the company said no selling was taking place. Therefore, from my perspective, your assumptions at the time may not have had any basis in fact. The reality is that there may have been some selling going on although it wasn't substantial in terms of volume. However, because of LYJN's LOW FLOAT, it wouldn't have taken much selling to create a large percentage drop.
2. You want to 'save' other investors here from also losing money due to trusting the company (PRs, etc..). And in order to help save investors, you are posting any information that you think highlights management untrustworthiness.
MY TAKE: It is admirable that you want to save investors. However, until you establish that the company was lying to you, I don't see that you have produced anything of much value that isn't fairly evident. People who invest are aware of what they don't know--and therefore the risks. People know that there aren't financials, that a debut may not happen on time, that selling may be occurring, etc... What you produced regarding the Florida stuff doesn't establish much either. People know that public companies change hands when they don't do well. So, so far you haven't really given people anything of much value, from what I can tell, because they already aware of the risks of unknown things that you are warning them about. The things you can't clearly establish but are making negative assumptions about have alternative explanations which are acceptable. IOW I can't tell that you are really informing investors of anything meaningful, unless you are talking about someone who invests without thinking at all...and as far as I'm concerned they get what they deserve.
In any case, I just wanted to try to get a perspective on what you are doing--on the assumption that you really feel like you were burned. If that was the case, I'm sorry for your loss, but again, I don't recall seeing anything that clearly shows you were lied to by Braxton or anyone else.
Until we see that here, why should anyone believe you over believing Braxton or Lyric Culture's PR's?
AS FOR YOUR POSTINGS YESTERDAY: I didn't find them to have revealed much to discuss further. Have I overlooked something? The email postings didn't reveal a contradiction by Braxton--only that you thought there had been one. As for my slip-up about the President, yes it was an oversight at the time. As for why hedge funds would short--it's to make money--not to be 'mean'.
take care,
ted
p.s. I have done some DD--talked to the Garment Factory that is making the jeans, looked at management background, done some digging into the fashion industry. I'm not relying entirely on PR's and dreams. I've assessed what I know against what I don't know and made my investment decision.
1. You lost money back in July because you believed no dilution of the float was taking place, based on some company communications at that time.
MY TAKE: I've yet to see evidence from you that the company said no selling was taking place. Therefore, from my perspective, your assumptions at the time may not have had any basis in fact. The reality is that there may have been some selling going on although it wasn't substantial in terms of volume. However, because of LYJN's LOW FLOAT, it wouldn't have taken much selling to create a large percentage drop.
2. You want to 'save' other investors here from also losing money due to trusting the company (PRs, etc..). And in order to help save investors, you are posting any information that you think highlights management untrustworthiness.
MY TAKE: It is admirable that you want to save investors. However, until you establish that the company was lying to you, I don't see that you have produced anything of much value that isn't fairly evident. People who invest are aware of what they don't know--and therefore the risks. People know that there aren't financials, that a debut may not happen on time, that selling may be occurring, etc... What you produced regarding the Florida stuff doesn't establish much either. People know that public companies change hands when they don't do well. So, so far you haven't really given people anything of much value, from what I can tell, because they already aware of the risks of unknown things that you are warning them about. The things you can't clearly establish but are making negative assumptions about have alternative explanations which are acceptable. IOW I can't tell that you are really informing investors of anything meaningful, unless you are talking about someone who invests without thinking at all...and as far as I'm concerned they get what they deserve.
In any case, I just wanted to try to get a perspective on what you are doing--on the assumption that you really feel like you were burned. If that was the case, I'm sorry for your loss, but again, I don't recall seeing anything that clearly shows you were lied to by Braxton or anyone else.
Until we see that here, why should anyone believe you over believing Braxton or Lyric Culture's PR's?
AS FOR YOUR POSTINGS YESTERDAY: I didn't find them to have revealed much to discuss further. Have I overlooked something? The email postings didn't reveal a contradiction by Braxton--only that you thought there had been one. As for my slip-up about the President, yes it was an oversight at the time. As for why hedge funds would short--it's to make money--not to be 'mean'.
take care,
ted
p.s. I have done some DD--talked to the Garment Factory that is making the jeans, looked at management background, done some digging into the fashion industry. I'm not relying entirely on PR's and dreams. I've assessed what I know against what I don't know and made my investment decision.
