Tired of being on the wrong side of the trade? So was I until I joined PennyStock101 The alerts are quality, not junk and they are straight forward and cut out the hype.
On those high volume days when the price dips, and goes thru stops that automatically sell, someone is buying this stock, and I do not believe it is the public, there just is not enough hype for the public to jump on board. I have no idea what the reason or motive is but it is happening
Best thing would be for these clowns to liquidate. They are absolutely the worst. But if they did that they couldn´t collect their salaries for doing nothing. So they are not all that dumb. How did they ever get into this business and how did they every get us suckers to believe their fancy writing about their strategies, future promise and opportunities., They are really stupid as far as investments go, and they know it, but they are cunning con men in continuing on collecting salaries.
You have to love the wording of the announcement - "Harris & Harris ....will begin to offer ...the opportunity to co-invest with Harris & Harris..." Yes, come along with us on the investment opportunity of a lifetime! Check out our long-term performance for our shareholders and join in on the fun they've had! Who wouldn't want to be offered that opportunity to duplicate the wealth destruction we've achieved for them once again?
Tell them to put it where the sun don't shine!
Sentiment: Strong Sell
I totally agree with you1 i have had this company a number of years only to watch management get paid and exercise options for themselves buying at 1.75 and selling at 2.25. They are nothing but leaches on the shareholders backs. Bloodsuckers they are!
Sentiment: Strong Sell
last definition i saw was an accredited investor means Any natural person whose individual net worth, or joint net worth with that person's spouse, at the time of his purchase exceeds $1,000,000. so why would these people care what the harris stock does when all they need is 1 share then can reap all the benefits directly without supporting the harris stock. the harris officers can still reward themselves from any income with no checks and balances.
to me it looked like the company had a lot of good investment prospects. the problem it seems that the officers think anything that comes in is all theirs and rewards themselves accordingly. didn't seem like they really cared for the shareholders and the stock has tanked as a result. also successful investments that are eventually sold should have some sort of link for a revenue stream back to the company. will have to see if they are really changing direction or putting on a show with the same result.
Kevin Rendino is an interesting nominee for the BOD, the vote will be held at the June 7th meeting.
Lone Starr LLC held a meager 15,000 shares of TINY as of 12/31/2015. I'm interested to see how many shares they bought in the first quarter.
Rendino's Wall Street resume impresses me but he's fallen off the radar since leaving Black Rock in 2012.
Rendino is CEO of RGJ Capital, LLC, "a fund focused on investing in securities that are undervalued relative to the future true worth of their underlying assets". RGC Capital is a very low profile fund. Can anyone find any info on the fund.
This statement in the press release by Rendino is also interesting, "I intend to make open market purchases of Harris & Harris Group stock over the ensuing 18 months”. The18 months part says to me, "anyone looking for lightning fast results needs to slow your roll".
Kevin Rendino joined TINY's board of directors today, at the request of Lone Star Value Management, an activist investor.
Lone Star has a history of partnering with other institutional investors and targeting poorly performing small caps. It looks like TINY is welcoming their input, by putting their rep on the board instead of resisting or forcing a proxy battle. Looking over their history, Lone Star looks like they have been truly working on behalf of all shareholders, rather than angling a special deal for themselves.
This looks like huge (and long overdue) news. Things are going to get interesting in the very near future.
Exactly....we've all done so well investing in this fund and it's incompetent managers, why wouldn't we all want to invest more?!!
Its got the makings of a Ponzi scheme. Sure, give priority to existing shareholders- we're the ones gullible enough to have stuck with this disaster. . . .
Did my last post sound like I was promoting the Company? I thought I offered some criticism. BTW, what is this Bylaw Amendment all about? that was released after hours? I wonder if someone is proposing some new Board nominees. That would be a nice change from this insular, tenured club of directors.
you really need to get over yourself and your long history of promoting the 'glass is half full' approach to this miserably run company
mgt. has for many years running been a total joke
IPO market has to awaken before we start moving again. Otherwise, they still need to lower expenses. When they say they will have a smaller loss, that's not good enough. One cannot have losses forever.