InvestorsHub Logo
Followers 212
Posts 7861
Boards Moderated 1
Alias Born 01/03/2005

Re: Golden Cross post# 11

Thursday, 02/23/2006 9:54:10 PM

Thursday, February 23, 2006 9:54:10 PM

Post# of 4519
Gateway, I saw your name on DRDF i-Hub, and by accident on the splits board. I hope you didn't buy this (HYBT) crap.

I just wonder who in the world is buying shares in a company with no proven revenue and a Price/Sales of 15,356 (record high to my knowledge):

http://finance.yahoo.com/q/ks?s=HYBT.OB

FYI, the average P/S ratio for an average OTC:BB stock is between 1.5 and 2. Some of them have a P/S below 1, e.g., DRDF @ 0.21, which is the lowest I know (way undervalued, despite the explosive revenue growth, and being already EPS positive - see below), others go up to several hundred i.e., CPVD:OB (P/S of 304); SKFT:OB (P/S of 225); MTNA:OB (P/S of 157), and MKOS:OB (P/S ~ 115) (the last I saw them). But, for Pete’s sake, a P/S ratio of over 15 thousand, I never saw such an anomaly.

To me, the only explanation is that the company (HYBT) is playing the split game on you:

http://finance.yahoo.com/q/bc?s=HYBT.OB&t=5y

I bet many people buying it are not even aware of all the splits this company made since July 2003:11-Jul-03 [1:10], 10-Mar-04 [3:1], 19-Nov-04 [3:1], 24-Feb-05 [11:10], 09-Mar-05 [1:10], 29-Aug-05 [105:100], 28-Nov-05 [105:100]. The one in March will be the 8-th split (forward this time – it’s how they catch your attention), but most probably after this they will dump another 1:10 RS on you. Look at their history. That’s how they make their money, you poor fools.

Just look at the finances (or lock thereof) of HYBT and a PPS of over $13 (!), and compare them with that of DRDF, that at a P/S ratio of only 0.21, and the outstanding 10-Q results that came out yesterday, it ended up in the low 0.005's today. Compare, and ask yourselves which one of the two has a better chance to give a good return.

Mike
----------------------------
SAN DIEGO, Feb. 22 /PRNewswire-FirstCall/ -- Dalrada Financial Corporation (OTC Bulletin Board: DRDF - News) today announced its financial results for the second quarter ended December 31, 2005. The Company reported revenues of $17.8 million for the quarter, a 263 percent increase over the prior year period. Net income for the second quarter was $3.3 million. For the six-month period ended December 31, 2005, Dalrada reported revenues of $29.9 million compared to $9.4 million in the prior year period. Net income for the six month period was $3.1 million.

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.