News Focus
News Focus
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lookingood

03/30/10 10:30 PM

#21790 RE: The Rainmaker #21779

Rain, Thanks for sharing the story on Nick. Looking forward to doing some research on that. Interesting although for a big group that wasn't a ton of actual cash (200K at the most) if they sold everything they owned in TDGI today? Alot of us have that much by ourselves in TDGI.
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born2sweat

03/30/10 10:58 PM

#21794 RE: The Rainmaker #21779

Rain; I really thought the mm's were trying to trip some wires on the stop losses today. But what you are saying makes perfect sense also.... Is what this dork is doing actually legal or just unethical????.....loving this co...Claude.
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tom8oes

03/30/10 11:39 PM

#21798 RE: The Rainmaker #21779

Yes, Rain, good account of this recent activity. Shades of Anthony Elgindy? http://www.asensioexposed.com/elgindytrial.htm
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fanglemeister

03/31/10 9:16 AM

#21818 RE: The Rainmaker #21779

Rain, you must be getting a little saddle-sore from the long hours riding herd on this here stock! Day or night, rain or shine, you are always here keeping the herd on course. For that we thank you!

To paraphrase one of my favorite movies: "There is iron in your words of deception and truth for all investors to see. No shady internet investment group can hold the iron, it must come from men. It is good that warriors such as we meet in the struggle for profit or loss. It shall be profit..."
~ Ten Bears @ "Outlaw Josey Wales"

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Clay Tiles

03/31/10 10:49 AM

#21852 RE: The Rainmaker #21779

Rainmaker your post about Nick and the MEG group is not accurate. I am a member of that group. To be sure, I don't fully trust Nick. But he has NOT encouraged anyone to sell TDGI, and as of today the MEG group owns 42% of the TDGI float. Nick recently was expressing anger at Eric, whether rightly or wrongly. Nick believes the downward pressure on the stock price is a probably a result of the current sales of the 200 million shares -- which are part of the float -- that were issued in the past. (I'm not sure whether TDGI issued or transferred the 200 shares to secure debt or as part of the merger or both.) Nick seems to believe Eric did something wrong in the way he issued those shares -- either valuing them too low, or issuing them to a friend or relative, or something. But Nick was mostly expressing regret that he didn't wait longer before he bought up millions of shares, given that, with the constant downward pressure on the share price, he could have gotten the shares lower. Again, the MEG board now owns 42% of the float, and that percentage is gradually increasing, not decreasing. The members of that board, including Nick, still believe the company is a solid company that will do well.