Check out this link... would anybody consider
buying PESI now that they have 50 million in revenue
Reasonable responses requested.
Thanks and good
Having to use twisted logic to make sense of an
"announced" stock buyback, when they've been so busily
diluting shareholders with destructive REG.D discounted
convertible preferreds, tends to make my argument.
makes management either incompetent, or
Hard choice for shareholders.
Dwight (But I am
Congrats on the profit Dwiane. Always nice to
have. There was a lot of bitching & whining directed at
you but at least the conversations were slightly more
intelligent than "nm".
Regarding bashing the stock,
aside from a few editorial comments on Livikas (sp?),
most of your bashing was asking worthwhile questions
and receiving few answers. There are compelling
reasons to own the stock or be
Regarding the Reg. D offering & subsequent stock buy back,
I really don't have much of an idea how that makes
sense. My best guess is that originally the Chem-con
deal was supposed to be a cash & stock deal & they
needed to raise cash. Unfortunately, the Reg. D offering
knocked the stock in the toilet & they needed to buy back
the stock to get the share price up to a decent level
to keep from overly diluting share value. Seems like
circular logic, but its the best I can come up with. Then
the owner got eager to get it wrapped up & went the
all stock route.
Regarding the "low" purchase
price of Chem-con, there are several possible reasons
for this. They include assumption of debt, assumption
of liabilities, an owner eager to sell, and a
relatively depressed market for waste treatment
To be successful long-term, PESI has to stop
diluting the share value. It's been pretty bad lately. At
least, the haven't rigged the Coke machine at
headquarters to accept stock certificates yet (at least not
that I'm aware of).
PESI should actually have a
P/E that's positive after this quarter, which should
help things a lot.
you assholes can't get a stock to move in the
most speculative market in history, from reading your
Ever think about what you will do
for a living when the boom is over?
you will have learned something about the trash
market, so your family won't starve.
money on PESI, as much as you think only the scamsters
should. (May make more!)
I'm better at knocking
PESI down than you and all your hypesters and fake
ID's are at puffing it up. (Too bad for Centofanti--I
don't need a job)
Without having access to your
illegal inside information.
And even at my age I'd
wipe a b-ball court up with you. Luckily, you'll never
find out how bad.
Get used to it.
(Found that choice real estate in HELL yet?)
of your mind?
getting a bit too close for comfort
p.s. I got some friends that will arrange a game
between you and the F.O. Dog. Your call. Let us know.
Spot you 10 in a game to 21. Call your own fouls (and
I bet you know foul) You will not only lose the
game.... ah... let's leave it there.
Well, I sold the rest of my holdings this AM.
Turned a pretty nice profit, over all.
hoped they would run it up somewhere near the old
highs, but I'm afraid Liviakis isn't up to the job.
If PESI follows its recent pattern,
now that the much hyped and (ahem) "anticipated" news
is out, it will most likely test the lows
Dwight (Won't I have a decision then!!)