BBB
So you've accounted for 1.5 of the float. At least that's according to Dial, who told me "low 4's" I believe. If it wasn't low 4's it was def. in the sub 5 MM category but I thought it was 4.3. I might be wrong. ANYHOO, what does it tell you, if between a few posters on two public boards, in two days, you can get to 150% of the float? I mean there's got to be what, 75% of the people owning this stock that don't even come to RB or IHUB? Probably more than that, don't you think? Then there's the ones that come visit but never post.
Using your often "conservative" guessing techniques let's just for grins, and giggles say that you can safely say that 50% of the people owning stock have been here or there, and have reported. That means that in a stock with under 5 million shares according to the CEO, you've got 13.6+ million share accounted for. Then you've got a transfer agent who won't even report to the CEO how many shares are outstanding. This might be because they don't want to get sued. What if there are 150MM shares outstanding? What if 5% of the people owning stock in this one are here and telling their holdings? This scenario doesn't even take into account Jim Dial. He might be clean as a whislte, and smart as crap, savvy like a fox. He might not be even close to these things.
There are people here that are saying "naked shorting". Well, IMO, you had better hope it's only a crooked transfer agent covering their tracks from the last crooked management. Because if it's naked shorting, there is no limit to the supply. And an infinite supply, means a price of 0. Patrick Byrne is on CNBC at least once a week now, his stock is 30 some and listed on NASDAQ, and obviously been naked shorted to the nth degree. He's a high powered visible CEO, heir to a multi-billion dollar insurance fortune, and he cannot even get the SEC to pay attention. What about the people "naked shorting GFCI"? Like I said you had better hope it's the transfer agent scared to tell the real truth about what they had done.
And you want to come here and call me a basher. Trasher masher whatever, but the fact that oil is in a boom, and they've got great tools and maybe even profit. Yet unless Jim Dial is one brilliant master of fortune, know the market inside and out, and can make things happen with laser like focus, and military precision, the fact that they have a nice tool (that they won't tell us anything about hmmmm) is completely besides the point.
They're months away from filing or a dividend IMO, they are playing games with buybacks (what a waste of cash that was, eh?) and you cannot even tell me how many shares in the float. Much less how many SOS. How about getting listed on the AMEX? Schemes to slither their way onto the national scene have failed. They should have done an IPO to begin with.
The best of pinks and the best of pink managements have it cut out for them. How many went to the bigger markets? 8/4000 was it? You posted that before. And were happy abuot it, no less. Sad thing is, people who have been here since .45 or higher are holding on for dear hope. They probably cannot even sell now. I wouldn't. Add my 15,000 to the list BTW. That's all the $$ I would take to the craps table on a weekend at Vegas. At least I'd get a free drink or three and get propositioned by a hooker. Well, someone's getting screwed here, that's for sure. Some vasoline would have helped....
That sinking feeling you're getting?
Pay attention to it.
