InvestorsHub Logo
Followers 36
Posts 8284
Boards Moderated 0
Alias Born 04/14/2011

Re: None

Thursday, 11/01/2012 2:45:36 PM

Thursday, November 01, 2012 2:45:36 PM

Post# of 20680
Historical info on TEVE Chairman of the Board Mr Lenfest, read all the last paragraph ties it all together:

http://ragingbull.quote.com/mboard/boards.cgi?board=OBDP&read=6075

Post by QTIPJOE on another board in 2006 very familiar:

"King: thanks for the come back. 600,000 but holding for the big one. Been there. Real company. Sit in on their stock holder meetings. Got a product that sells it's self. Putting out a lot of money for computer installs and when that is done everything is profit. 17 million float. Rest held by deep pockets (Gerry Lendfest former owner of comcast). Stock should drop to about 0.05 soon then I add but don't listen to me. I don't know -- I just guess like the rest of us.
Hope your doing well after obdp." Stock is now at .0001

And another post from the same on the same board: May sound very familiar as well to posts on TEVE:

"KING: You got it buddy. This company was on the wrong track. They had a business that was on it's way out. Kind of like being in type writter repair business. Changed CEO due to retirement. Moved in a new direction and found a real jem. I'll keep you updated but it won't be for awhile. The first winning quarter should be in about six months. Till then I keep slowly adding 10000 at a time to keep the price down. Talk to you."

Mr Lenfest also owns majority of ETCC a 1.79 dollar stock going nowhere. Just because a rich man is involved does not mean success for the company. If the billionaire is going to rescue TEVE how come he allowed the others to fail / fall deeply into dispair. He got lucky once subsequent to that he's lost alot of money in companies that are constantly in debt. Good Luck

Join the InvestorsHub Community

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.