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International Business Machines Corporation Message Board

jrmills0014 39 posts  |  Last Activity: Jul 12, 2016 1:41 PM Member since: May 25, 2002
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  • Reply to

    jrmills0014 & other 46 cent bashers

    by cyclopsfighter Jul 6, 2016 6:38 PM
    jrmills0014 jrmills0014 Jul 8, 2016 4:43 PM Flag

    If calling a turd, a turd..Is bashing.. Stick around till next week.. I'll be telling everybody what a POS Drys is.. As long as they keep it listed.. I want everybody to know Geo Economue sold over $3B worth of this POS... He took all that money, one way or other, and any money it made..And now has wiped out over 640M Shrs.. And now only 27M shrs outstanding.. And its selling for 46 lousy cent.. And headed to 0.... I ain't going to let people forget those facts..And let GE go back to telling lies..And sell lot more of this POS...

  • jrmills0014 jrmills0014 Jul 8, 2016 11:41 AM Flag

    What lights? They got to be working in dark... Lights should have already been cut off, long ago, by power Co.. Drys done told everybody, they can't pay bills...

  • Check them out!! By the way.. I wouldn't buy any of NEWLF for fraction of penny.. Drys is trading for .44 more than it's worth...

  • jrmills0014 jrmills0014 Jul 8, 2016 9:49 AM Flag

    That's funny, Don't care who said it!! Now! Rates for Panamax are actually more attractive than Capes. .It was different, when GE took Those 13 Capes, from Drys.. About now, if GE can get those 20 Panys leased at decent rates.. He will probably buy them for like $90M? Thusly leaving Drys with no revenues and upward of $200M debt... In mean time Drys still trading quit a bit of stk, to supposedly only have 27M shrs outstanding? Is GE slipping shrs to idiots?? Be interesting to see how many shrs outstanding, when and if Drys ever reports again...

  • jrmills0014 jrmills0014 Jul 8, 2016 8:15 AM Flag

    Is this bunch, trying to take a play out of NEWL playbook? Now listed as NEWLF.. At 1st of 2014 or 2015.. It was trading for $35. per shr..I ain't sure how many shrs were outstanding or how much was trading... But they fired that stk up after it dropped to 7 cents, with reverse splits, to keep it listed on Nasdaq... NEWL seen very little benefit.. But seems lender had lent them $25M for right to issue and sell stk? As they kept reverse splitting it.. Shouldn't have been but few thousand shrs... What a joke! Seems lender could issue unlimited amount of stk? They were selling upward of 100M shrs, some days.. They may have sold over $2B worth of that stk? Before they changed symbal.. Newl was trading at .0001 cent.. And showed they had several billion shrs outstanding? Now NEWLF, showing they got 27M shrs.. It's trading OTC, for fraction of a penny...Reality, it may be worth more than EGLE.. TTM, they generated about $1. per shr in revenues.. No way in hell EGLE going to generate $611M in TTM?? Just be leary, when EGLE starts reverse splitting..

  • jrmills0014 jrmills0014 Jul 7, 2016 8:37 PM Flag

    And do think, be wise.. To waite for reverse split, before buying.. But what the hey.. I ain't got but $150. in account , to invest... I got bid in to buy 500 shrs for $140.. It cost $10. for trade... But I never intend to send these SOB's any more of my money... If I don't get those shrs... I'll spend that money wisely.. Houses and lots.. At Katy Mays cat ""House"" You can buy ""LOTS"" liquor and whatever.. Those gals appreciate $150.. These SOB's hustling these stks.. Have lost their ever loving minds.. They think money grows on trees.. One time black dude, out of Geo. went to Chicago, got into numbers racket.. Wrote his buddy...Money falling off trees.. Send me some to buy bus ticket... He got off bus in Chic, and walking down the street,, Low and behold $50.bill, laying there.. He started to pick it up.. F this sheet.. Hitched his pants up.. No way I'm working my first day in Chicago..

  • jrmills0014 jrmills0014 Jul 7, 2016 7:27 PM Flag

    I ain't, brightest lite on tree.. But try to be honest... I had concluded there may be as many as 1.5B shrs?? Now have concluded.. Like 611M.. That's still lot of stk, for little BS Co. Like EGLE.. But long ways from 1.5B shrs.. But in reading.. Seems the same bunch coming up with this $85M, were to get stk issued for that $60M..Seems to me? They saying.. Something to this effect? To get this stk at .15.. ""ASSUMES"" inclusion of that stk, issued for that first $60M loan?? May be little hair pulling there? But $85M devided by .15 would be like 566M shrs.. Now those are unissued shrs.. There is already 45M shrs issued.. 566m + 45m = 611M shrs.. This stk may be worth .15 to lenders.. As far as buying stk.. What are we getting??? Nothing of value.. Duh! My dumb az owns little of it???

  • Reply to

    the greek scam of the decade, DRYS

    by onewaytomars4 Jul 7, 2016 3:33 PM
    jrmills0014 jrmills0014 Jul 7, 2016 5:52 PM Flag

    The Duck, made his fortune same way Geo. Economue did.. Carrying Cos.. Public.. Selling all the stk he could Borrowing all he could against them.. And then after he raped them.. Send them into bankruptcy... At least Hillary, ain't that sorry... It's pitiful, the 2 we got running for Prez!!

  • Reply to

    the greek scam of the decade, DRYS

    by onewaytomars4 Jul 7, 2016 3:33 PM
    jrmills0014 jrmills0014 Jul 7, 2016 5:33 PM Flag

    All these drybulkers, ain't nothing but a scam...They Just sell all the stk they can and divvy up the money.. EGLE was based out of NY.. Now moved Hqtrs to Conn... They may be just as sorry, as greeks? While they indicating they got 45M shrs outstanding..Best I can figure out? For $60M and now $85M loan.. They have issued lenders over 1.5B shrs of common stk.. With stk selling at now like 35 cent.. Not that they will be able to sell all that stk.. But if they could.. For $145M, they could sell over $500M worth of stk.. Cute part. EGLE would still owe loans... So if you bought that stk... You still basically, buying nothing... And don't believe Salt out of Moroco, ain't as big a scam, as Drys... These SOB's will use every trick in book, to sell stk to us idiots... But does seem, Joe is finally wising up..

  • If it is? Then there is bunch of idiots running it... Because they just sold $85M worth for 15 cent per shr... And I believe the ones who bought that stk.. Got some other considerations?? We can kid ourselves.. But EGLE stk. is worth 15 cent... And if you read what they can do with that $85M... Corp. use... Pay officers salary and bonuses...

  • Reply to

    What did I tell ya! Old news!!

    by mojo8o Jul 6, 2016 10:27 AM
    jrmills0014 jrmills0014 Jul 6, 2016 5:17 PM Flag

    I definantly wouldn't be buying at this price? I pretty well knew what DRYS and SALT would do, after R/S... But EGLE is little more confusing? Why big dilution to R/S it? I don't think they know best way to make money on this stk? Seems original plan ain't working? Or is it?? How much stk, did they get sold at .50??? Regardless: Lenders and officers own like 95%.. They could decide to buy the other 5% or enough to drive it over $1. per shr// But if there is 1.5B shrs.. Stk you sitting on, could. For every 50 shrs turn into 1 shr? Even if egle turns profitable.. Us common stk holders will never get any of earnings.. But if they do make egle profitable? More it's worth to those lenders and officers...Who take it all.. The way I see it.. They went over figures.. Decided, where egle sitting right now.. Enough potential? To buy like 50% of it for $85M.. Now, if they can sell $85M worth of stk.. That loan still sitting there.. Which gives them like 50% of any earnings? I'm playing with very little money.. Got a couple of hundred shrs I payed .35 a shr for.. I got $150. cash in account.. I am thinking about , if price gets right.. Would spend that $150. on 500 shrs of egle...

  • Reply to

    WoWzer under fiddy cent !!!!!!!!!!!!

    by cyclopsfighter Jul 6, 2016 1:16 PM
    jrmills0014 jrmills0014 Jul 6, 2016 2:59 PM Flag

    How Geo, tricked those idiots out of that last $423M.. By indicating on Drys earnings reports.. 70% of Orig's revenues and earnings belonged to Drys.. BIG FAT LIE.. 1st qtr 2013, he told us the 2 were completely separated... Only way any money from Orig could flow to Drys.. Lenders would have to agree, to let Orig declare a divvy.. Lenders even let Orig pay a little divvy for a while.. But with Orig owing them like $4.5B.. They put stop to that divvy.. What the heck.. That money was just going to good ole Geo.. You didn't get any of it, Did ya?

  • Reply to

    WoWzer under fiddy cent !!!!!!!!!!!!

    by cyclopsfighter Jul 6, 2016 1:16 PM
    jrmills0014 jrmills0014 Jul 6, 2016 2:28 PM Flag

    I told everybody.. To sell pre split. For every 25 shrs pre split... They could have got like .11 per shr. ($2.70).. Now those 25 shrs have turned into 1 shr... And not that it's really worth anything.. It's selling for .46.. And most likely, going to nothing... This stk has turned into a joke.. Just keeps losing.. Got assets worth at best $100M and already got like $270M debt, that they can't and will never be able to pay... This stk hasn't been worth 1 red cent, for yrs.. Yet in 2014.. Geo Economue got idiots to buy another $423M worth of it.. Try to figure out where that money went? It went same place the other ,like $3B from stk sales went.. How do you hide fact, that $3B has mysteriously disappeared.. Well Geo, handled it like this...In last 3 qtrs.. He has wrote off about $3B as impairment expense... If you doubt that.. Last 3 earnings reports are in Drys website.. Read them..

  • Reply to

    What did I tell ya! Old news!!

    by mojo8o Jul 6, 2016 10:27 AM
    jrmills0014 jrmills0014 Jul 6, 2016 1:06 PM Flag

    I don't think so? Seems to me.. In a private placement.. They just sold another $85M worth of common stk for 15 cent per shr. I can't' figure out what effect that has on all those shrs they issued for that $60M second lean? As of right now..Egle may have over 1 1/2 billion shrs of common stk outstanding?? But lot of that stk not issued yet? Now they going to get the ones who own al that stk. together.. To decide how big reverse split should be? If there is 1.5B shrs.. They would love to sell it all for .35.. That would be over $500M... One problem.. For it to continue trading on Nasdaq..They got to get stk price over $1. per shr.. One way or other. That reverse split is coming.. Not long ago Drys had 1/25 RS.. Oh it got stk price up to over $2.50 per shr..Drys already, in last mth. Fell to under .50 per shr.. Salt recently, like3 mths ago, had a 1/12 RS... Stk traded for $10. for few days..Now it's tradng for less than $3. On that note...Good idea, if you want to buy EGLE? Now is not a good time.. Don't cost us one penny, to sit back and watch.. Untill I know how many shrs are outstanding.. That's exactly what I'll be doing...

  • jrmills0014 jrmills0014 Jul 5, 2016 8:52 PM Flag

    You may not understand,, But Drys generated like $10M in revenues last qtr.. And going to be worse this qtr.. Usually spot rates are for like 3 Mths.. Last qtr spot rates for Panys dropped dam near to $2K per day.. U figure out the rest...

  • He sold 672M shrs of Drys for over $3B.. And that is Billions, not millions.. Now has wrote off all the billions, that he took as impairment.. And done Reversed split those 672M shrs to 27M shrs.. Now those 27M shrs selling for .51... Sad part.. He has raped Drys so bad...Drys stk is way past worthless...Assets at best worth $100M and like $270M debt...

  • jrmills0014 jrmills0014 Jul 5, 2016 7:26 PM Flag

    Now, Can you figure out how many shrs outstanding? In just glancing over filings.. Seems in reverse split.. Some of stk holders going to get 1 for 50? Others 1 for 10? Hell of lot of difference, there.. I'm just messing around with couple of hundred dollars, that was sitting in my accounts, That I considered, wiped out.. I had bought some at .35.. Sold couple of hundred for .69.. Why let that little BS sit there.. I put bid in to buy at .39.. Duh?? haven't even checked? But now may own over 500 shrs... Now how many shrs am I going to own after RS? Could be 10 shrs or 50 shrs.. My suggestion.. Sit back, and waite tiill after Reverse Split before buying.. I had already concluded, right now. this stk was worth like .22.. Duh!!! Now we know it was worth .15....

  • jrmills0014 jrmills0014 Jul 4, 2016 11:20 AM Flag

    For the record! Spot rates for Supras, on Fri. went from $6555. per day to $6623. But here is big question? What is EGLE getting theirs, leased for?? What spot rates do over a few days, don't mean a hell of a lot... But if EGLE's break even is $5K per day? Reality, are all these drybulkers just a big joke? When bulkers were leasing for like 10X what they are now.. Common stks holders, got nothing.. And officers + lenders.. living life of Riley, off profits and money we payed for stk.. As it seems like all other drybulkers, will file for BK, as EGLE has already done.. And wipe out common stk holders.. My conclusion! As seems EGLE could turn profitable??? Lenders and officers own like 95%.. Do they care if it stays listed? As for that other 5% stk.. What is it worth?

  • jrmills0014 jrmills0014 Jul 4, 2016 9:47 AM Flag

    I am with sayu, Why would having an office in Germany help? Just looks like it would add to cost of operations? Here is some good news.. Spot rates for supras, on Fri., went to $6555. per day..This, not so good news, and little confusing.. Time Charter rates, for Supras, last week fell from $6350. to $5500. per day? Why would you pay like thousand dollars per day more to lease a Supra for short term contract, Vs going ahead and leasing one for 11 to 14 mths? Unless you sure rates for Supras going to fall in next 3 mths?? My bet, they going to go higher?? In mean time, we don't know what EGLE needs to lease those Supras for? For EGLE to turn profitable?? Reality, it could be from $4K to $12K per day? As egle don't tell you what they getting bulkers leased for or cost to operate them? Buying EGLE is like buying, a pig in a poke.. Could be a skunk in that poke, instead of a plump little pig?

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