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France T Message Board

bass9189 157 posts  |  Last Activity: Aug 18, 2014 12:58 PM Member since: Aug 20, 2010
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  • bass9189 bass9189 Aug 8, 2014 9:44 PM Flag

    This still does not explain anything to investors. I have seen this pattern over a thousand times, meaning an increase in short selling to drive down stock prices during regular trading and then a prearranged block trades in the after hour market. This is not just happening on the OTC market either. Sometime these trades even bypass ask/bid orders in the after market trading session.

  • Reply to

    Crazy message board

    by gshergur Aug 8, 2014 2:44 PM
    bass9189 bass9189 Aug 8, 2014 3:24 PM Flag

    I have been complaining about this to my brokerage firm and the SEC for a while. Negative posters and bloggers showing up on these message boards after small investors buy into companies. I have found some were associated with brokerage firms and some with well known short sellers. Price manipulation is always associated with these actions.

  • bass9189 bass9189 Aug 8, 2014 3:11 PM Flag

    I really think buyers of companies are looking for other companies they can buy at a discount. Private companies do not worry about past public stock prices after their acquisitions. They are also looking for synergy to their current operations. The company in question is already in the seafood business. There is also no proof that insiders are on their way out the door, especially of there is a conflict of interest here. I also just sent an email to the company which stated that if management does not take steps increase shareholder value, someone needs to be on their way out the door.

    Also show us the insider positions of this company and who is selling shares. This is just your assumption. A trader is manipulating this stock price down. Insiders are not doing anything about it which implies a conflict of interest here.

  • Reply to

    Remember if you sale now

    by pickledbrains57 Aug 8, 2014 1:20 PM
    bass9189 bass9189 Aug 8, 2014 2:35 PM Flag

    if this was on the MJ index, it would be the second worse performing stock on it. Even the stocks that had SEC problems recovered some in price. And none have been trending everyday down like this stock. Investors should not have to keep complaining about traders manipulating their stock prices down to steal from their accounts. Thee is no way this stock price should be trending down like this everyday unless a trader is manipulating it.

  • bass9189 bass9189 Aug 8, 2014 2:21 PM Flag

    The reason is that a company tried to buy the Latteno seafood business about a year ago . Shareholders protested against the deal and management backed out of it. Since, someone has been trying to keep the stock price down. Insiders are also not defending the price or the company.* They also seem to be doing more to drive down shareholder value than increase it. I am willing to bet that the seafood business numbers are very good and a few insiders want to sell it off to a private company at a discount to current market price.

    * They know how to defend stock price too. They considered a stock buyback program right before they tried to sell the seafood business but backed out any plans to defend stock price when shareholders went against the deal.

  • Reply to

    mm always dip pps before earnings

    by gapperrrr Aug 8, 2014 12:42 PM
    bass9189 bass9189 Aug 8, 2014 1:10 PM Flag

    The market maker is not doing this. There is a group that operates out of a brokerage firm killing this stock price to rip people off. some are ex-employees and some are third party. They are trying to convince regulators and others that they are not doing anything wrong. This is also the only stock that has not recovered at all even there has not been any negative news on the company. Regulators and the SEC do very little to them even when they do find something. Why? Because they put themselves out there to informants but they can only get legally paid through shorting shares.

  • Reply to

    Hard to be an optimist, but

    by golob.chad Aug 8, 2014 10:23 AM
    bass9189 bass9189 Aug 8, 2014 12:51 PM Flag

    Well, we know it is people from brokerage firms killing this price. Most people who want to buy in this sector know very little ( if anything) about this company. Investors who know this company even exist are employees from brokerage firms who watch client accounts, message boards posters or employees at the company. all are accusing the others of ripping off small investor accounts. The SEC seems to be basically clueless here. It charges four known pump and dump third party characters who were running scams long before the MJ stocks spike in prices. The case also has nothing to do with most of these companies including Latteno.

  • Reply to

    Where is HOG

    by hyborianwar Aug 7, 2014 11:22 PM
    bass9189 bass9189 Aug 8, 2014 12:26 PM Flag

    This is a tough sector for most investors. Maybe he is not in for the fight. Investors can't expect to make money in this sector without a sound fight with regulators and shorts. Short sellers are a little more zealous in these fights because they have can suffer major losses on price increases. They will also try to use regulators and the SEC to gain from their positions. Some small investors are just caught in the middle of the fight in hopes that people on the front line will score a major victory for them (so they can gain). Well, this sector is not going to be that easy for them.

  • Reply to


    by jamesmharmonii Aug 8, 2014 11:14 AM
    bass9189 bass9189 Aug 8, 2014 12:07 PM Flag

    This is the MJ sector. Investors can't expect prices to go up unless they advocate for fed legalization of marijuana. This is a part of the process for shareholders to increase their shareholder values. The SEC and regulators are going to continue with these disorganized efforts to control valuations until governmental restrictions are placed on them. Without fed legalization of MJ it also makes it hard for these companies to defend themselves against shorts selling scams. Short and distort scams with regulatory valuation controls are making hard for the sector stock prices to increase. This can also prevent MJ companies from growing their businesses and innovation in the sector.

  • Reply to

    Shake the longs!

    by ghostmcghost Aug 8, 2014 10:46 AM
    bass9189 bass9189 Aug 8, 2014 11:43 AM Flag

    We are just dealing wit a thieves. One we have a thief who wants to continue to rip off clients. The other are shorts who want carte blanche to withdraw money from investors brokerage accounts. They call themselves retaliating against someone for exposing to the SEC. Now they are trying to prove to the SEC that they were not doing anything but trying to protect shareholders against pump and dump scams. Right. They were posting negative misleading comments on blogs and manipulating stock prices while borrowing from investors accounts to rip them off. The SEC has not charge one of them with running a short and distort scam.

  • bass9189 bass9189 Aug 8, 2014 2:20 AM Flag

    Funny how most scam artists thought their action were funny until they got caught in the act. Be for real, this whole thing is about money and it don't mean a thing unless you got that money swing. What Thanksgiving? you are a bigger idiot than I thought. I am sure the Native Americans are thankful for being slaughtered while their land was taken from them. Thanks! Now, you think stealing from shareholders is something to be thankful for. Your name and this case is going to the SEC, like it or not. Short and distort or pump and dump are both illegal. Also, patience is a virtue, especially when trying to caught organized criminals. In chess there are three main games. They are the open, the middle game and the end game. We are not even close to the end game.

  • Reply to

    .0025 Happy or Sad ?

    by robbie29907 Aug 8, 2014 12:17 AM
    bass9189 bass9189 Aug 8, 2014 12:32 AM Flag

    Don't you hate it when people show up to a party who can't afford it. The ones who looking for a free ride are often the worst people at the party. They are always looking to get something for free. They will eat all the good food and drink all the best liquor while complaining about the minor things. The best thing for the host to do is to raise the price of future parties to get rid of them.

  • Reply to

    These low priced shared are fun and all but...

    by lattenofood Aug 7, 2014 11:21 AM
    bass9189 bass9189 Aug 7, 2014 11:58 AM Flag

    The only information investors have about this company is the past financial statements and the press releases. There is nothing in either that gives reason for a decline in this stock price. Really, the only things that happened in past few months was a spike in volume, short sellers entering the sector and regulators complaining about valuations of some companies. Only two of these events involved this company, regulators have not mentioned Latteno ( the company) in any of their warnings or communications to the public.

    The negative assumptions about this company came from a group who is likely shorting this stock on a daily basis. Stocks just don't keep going down everyday on positive or no news unless someone or group is manipulating the prices. Stocks have a 50/50 chance in any given day to go up or down. They very seldom maintain an inverse relationship to there metrics, meaning positive inputs do not usually end with negative outputs (prices) unless there is price manipulation in the market place.

  • bass9189 bass9189 Aug 7, 2014 10:57 AM Flag

    Putting earnings aside, what negative news came out about this company to dictate a sudden decline in the stock price....none. This begs the question: Why is the stock price going down every day with any recovery? Each day this stock has a 50/50 chance of going up or down. The only way someone can be 100 percent correct about the price move is when they are manipulating the stock price to rip off small investors. Also, there has to be more than two playing game. One person would not be able to do it without being caught unless he is using multiple accounts. Bottom line is there is no negative news about this company which correlate to the drop in its stock price. We only have people posting negative assumptions on message boards and blogs. Chances are, they have something to do with the price being down.

  • bass9189 bass9189 Aug 7, 2014 10:06 AM Flag

    The guy has been trying to run different scams on these message boards for a while. He erased his history because he is knows that someone will likely report him to the SEC. This whole case will likely end up there anyway. Why shareholders of these companies are being shut down while some are able to post spam, negative comments, short and manipulate stock down at will. As a shareholder, I don't agree with this nonsense.

  • Reply to

    erbb is doing better than we are.

    by chadwelljeff Aug 7, 2014 9:06 AM
    bass9189 bass9189 Aug 7, 2014 9:55 AM Flag

    It be very obvious, there are a few clowns trying manipulate the price down of this stock and the company management is not doing their jobs to defend price against them.

  • Reply to

    How to create epic short squeeze

    by paperstreet537 Aug 6, 2014 1:45 PM
    bass9189 bass9189 Aug 7, 2014 1:28 AM Flag

    I keep limit orders on my shares at all times. Some unscrupulous trader/broker may try borrow them but this will give them something to think about. The price may or may not spike. But if it does, they will be caught trying to find cheap shares to cover or forced to cover at higher prices. Imagine a short seller trying to steal from accounts on price spikes with all stock limit orders set high.

  • Reply to

    Fast forward

    by fallingleavesinthenight Aug 6, 2014 5:07 PM
    bass9189 bass9189 Aug 7, 2014 1:12 AM Flag

    There was not news on the stock or company. This was the result of of few clowns trying to scare investors into selling their shares. The price move was very predictable, likely prearranged low ball orders before earnings release.

    'A smart way for the controllers to manage their tax liabilities." I expected someone to post a statement similar to this. It is a little early for these kind of statements, they normally wait until Nov to start posting about taxes. The same old patterns but just changed around a little. The whole thing will likely come to a head with long term shareholders, regulators and shorts here. The regulatory arms should start to swing both ways in this sector not just against shareholders. This regulatory coercion under the disguise of trying to protect shareholders in this sector needs to stop. They have went over board on the whole sector with these blanket warnings on valuations and potential of companies. They don't even know which companies have potential or not. They have created more chaos then order here.

  • Reply to

    Quick Bear Raid?

    by cmadix01 Aug 6, 2014 12:38 PM
    bass9189 bass9189 Aug 6, 2014 12:58 PM Flag

    I bet regulators don't see a problem with this move down. They are creating an adverse environment for this sectors and stocks. Now short traders are trying to steal money from small investor accounts. Regulators are causing the problems. I don't even think they know what they are doing to prevent scam while preserving the integrity of the sector. Now we have thieves trying to steal money and shares from our accounts.

  • Reply to

    Getting burnt out

    by diamond.daze Aug 6, 2014 11:48 AM
    bass9189 bass9189 Aug 6, 2014 12:40 PM Flag

    Well, it is very unusual for a stock price to be held flat for weeks and months with any recovery in price. Brokerage firms along regulators are not letting the sector prices move up much. This is a price controlled OTC sector not a free market. Shorts benefit from it because regulators are only watching for price increases not decreases. And when the prices do increase, the shorts caught, complain to regulators who in turn create problems for the companies and sector. They have also been trying to bring the CEO of HEMP down for awhile now.

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