I gave Dennis $200. I want my money back! What do you think he did with it, goto one of those florida bars and bet on a mud wrestling match?
I am dead even on my shares. I bought for 2000 shares @ ten cents + commission. I want to sell to at least get my my commissions back which would be .108, any takers?
You know, maybe the trailer park may be a good place for these products. They can grow weed in one cube, make fresh water for the weed in the other and use the power cube to charge some batteries to run the lamps at night. Now thats thinking outside the trailer!
After reading up on Eco, this is my analysis of the company. I own 2000 shares so I have a right to my opinion LOL.
It is actually amazing, what appears to be a partnership between rednecks and NFL players, transforming a double-wide trailer into water treatment, power-plant and hydroponics modules. More amazing is that they got patents on all this. I used to live in Florida and I was amazed how versatile the trailer parks were. Good job thinking outside the box.
Sentiment: Strong Buy
Its quite a brutal blow for missing slightly. Reading deeper into the details, its a very solid company and the miss was very narrow. I bought more shares as I have confidence in this one.
The CEO is a Karate instructor who has a Karate studio and ice carving business while managing a high tech company. He sounds like one of those guys you meet in town with a lot of balls in the air or many plates spinning at once. The others on the board are similar. I can not find a 10K for this company or any evidence of patents. I give the guy credit for making and growing a business but if he wants to be taken seriously, he needs to be more corporate and focused on one thing, this company. At this point, if this technology gets hot, his parters will copy it and he will be like the guy who sold DOS to Bill Gates.... With all this being said, I will take a stab at a few hundred shares as a pumper may come along.
If the CEO is such an idiot, why doesnt the board remove him and hire someone else with good contacts in the business or target market? It sounds like this company, based on the posts, is owned by coke heads and NFL players. Such people should be investors not company officers. They need to hire a German with experience at Siemens or some other engineering company and hire an aggressive sales guy, the rest will sort itself out.
They need to find a partner company who they can license to or collaboration agreement. It sounds like a firm with a good product run by a very inexperienced management team and investor board? They should look for an Indian-American to get on their team to take care of this. I really see potential in these products.
The gro cube could be used to grow pot and other stuff right in the middle of a major city, making American gangs less dependent on Mexican ones. Why doesnt someone go and visit the Crips or something and get tehse moving.
Are you guys who are posting on this board all working for the accounting or finance department, blabbering inside info for kicks?
I hope so, I can not see how this company can be worth anything less than $100M with such patents if they go out into the emerging and frontier markets.
Why don't these guys sell to doomers. There are $2M condos doomday condos in old missile silos selling out. There surely is a doomsday market in the communities. These products are really great, why is the stock only a dime?
Why don't these guys sell in India where water and power are an ongoing problem. I think they would have no problem finding a manufacturing partner over there. Also, Africa would be an excellent market. They could apply for UN and World Bank funds as well, supporting NGO's and Charities with their outreach.
I found an easier way to figure out where this stock is going. Go on you tube and search bebe. If a lot of hits come up with girls showing what they bought, its good. I also asked a hot girl in the office if she likes the store, she said yes. Niche retails is just a matter of the store having what people want to buy and keeping their costs down. Bebe will benefit from falling oils not only by increased disposable income but also lower transport and input costs (making clothes in china just got cheaper) etc.
I do believe in the shale boom and the fact OPEC is falling apart. However, oil price predictions tend to overshoot in both directions as journalists who make the most outrageous claims get the headlines. I think considering inflation adjustment since 2008, $45-$59 is a healthy range. I sold puts on this company 3 months at strike price $10, hoping that I actually get shares at a discount. I live in Norway where we work around 1400 hours per year (37.5 hours per week with 6 weeks off). This company is Norwegian. Just on the basis of changing Norwegian work culture, there will be a lot of room for operational improvements to get their break-even costs down. I have seen some good analysis on the debt service abilities and credit worthiness, I think they are going to make it. The paradox of oil is that as prices go down, prosperity in the US, India and China pick up causing people in all three countries to buy SUV´s . You will never get Americans to stay in Ford Pintos for an extended period of time. If you look back to 1998, the Americans, the minute oil went down, started buying massive cars like the Ford Excursion which is basically a small semi truck. Anyway, this stock can give you ulcers if you watch it too much. I think its best to play it to the downside but keep an eye when it reverses, riding the momentum to riches.