Replies to post #101651 on Koil Energy Solutions Inc. (KLNG)

[Trueheart]

Cargo, you are absolutely right about this company being a POS to shareholders over the years.

In the world of would'ves and could'ves the share price at the Dahlman Rose call was absurd and probably merited investigation. The refinancing price at $1.57 was absurd.

However, today's price may be right in line with demand for products and services from Deep Down. More so, it is probably
under-priced for revelations of the demand and sales of the carousel and in addition the results coming from the JV.

The tell will be in the report.

And, yes, I agree with your umpteenth iteration that management is grossly overpaid for a company this size and for the results that they have slapped on shareholders. Now, can we put that to bed?

All in my own opinion.

Trueheart

[Fisher]

Cargo Hauler

So lets assume you have an offshore account somewhere that would allow you the ability to short a stock such as this without any shares to borrow (despite the fact that there probably are shares to borrow at any given time http://www.interactivebrokers.com/en/trading/ViewShortableStocks.php?cntry=usa&tag=United%20States&ib_entity=llc&ln=&asset=&b=DIN&e=DRC )

You somehow managed to "naked short" exactly at the 52 week high? Assuming all the share volume at .14 was you then that was a total of 30,962 shares or $4,334.68 worth of stock.

At .08 that means you would have profited $1,857 which all sounds pretty good until you consider that even Interactive Brokers charges a $2.50/share maintenance margin requirement on stocks less than $5/share (http://www.interactivebrokers.com/en/p.php?f=margin&p=overview3#1a) which when you put it all together means:

You somehow nailed the top and all the volume was your "naked" short. You shorted $4,334.68 worth of stock and are currently up $1,857 (woohoo!) and ALL that it took you to do that was to freeze up $77,405 (30,962 * $2.5) for the required maintenance margin.

Great job