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Westwood One, Inc. Message Board

beginvestor 9 posts  |  Last Activity: Sep 13, 2014 12:47 PM Member since: Oct 31, 1999
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  • beginvestor beginvestor Sep 13, 2014 12:47 PM Flag

    guitaraz333, you got me really thinking here. Great post as I have not thought of what you posted. Your post makes sense here.

    Now I'm even more pumped up about the potential this company may have. I just could not figure out why so many bashers are attacking this company that trades @ twenty odd cents, now I see. Thanks for your post. It is greatly appreciated.

    Sentiment: Strong Buy

  • beginvestor beginvestor Sep 12, 2014 9:47 PM Flag

    efsf125, they do that on the I-hub board. Not sure how they are doing it on the Yahoo board as there is no moderator here.

    Sentiment: Strong Buy

  • beginvestor beginvestor Sep 12, 2014 9:45 PM Flag

    efsf125, agree with your post. They are going a little overboard on this one. It's a biotech that may have a bright future. Some hit it big and some do not. The way these boiler room shorts are acting makes me think this company will succeed. We will see.

    There must be a HUGE short here.

    Sentiment: Strong Buy

  • Shorts here must be worried about something here. I have not seen an attack like this from the boiler room shorts for quite some time. All this talk about SEC investigation's is nonsense.

    Also the talk about the company issuing shares is nonsense too, start up biotech's has no other option.

    I'm happy to own a stock that is wanting to help relieve pain etc for cancer patients. I keep buying the dips.

    Sentiment: Strong Buy

  • Reply to

    Whatever happen to Begin investor?

    by darthfury78 Jul 3, 2014 5:37 AM
    beginvestor beginvestor Aug 22, 2014 10:04 AM Flag

    y_o_s_e, thanks, I will stop by the board once in a while. I read what Mr. Falcone had to say in the recent conference call on Seeking Alpha. I did buy 700 shares this am @ $1.84 and now own 1,200 shares right at $1.84.

    I'm just holding these for the long term. I'm giving Mr. Falcone some time to rebuild his company. These things take time especially these days with the crazy world environment we are in. Not normal times indeed.

    You have a great weekend.

    Sentiment: Strong Buy

  • Reply to

    Whatever happen to Begin investor?

    by darthfury78 Jul 3, 2014 5:37 AM
    beginvestor beginvestor Aug 21, 2014 11:14 PM Flag

    Not, I'm still lurking around here.

    Sentiment: Strong Buy

  • Reply to

    Whatever happen to Begin investor?

    by darthfury78 Jul 3, 2014 5:37 AM
    beginvestor beginvestor Aug 21, 2014 11:13 PM Flag

    y_o_s_e, you posed correct about me. I also sold all but 500 share. I got spooked when interest rates took that fast rise some time. I still like this company and thinking about buying more at this price. See below what I did after I sold: Both have been a great investments so far. MMAB was a life changer, thanks goes to Mr. Falcone.

    I now manage a diversified portfolio of 103 equity securities, 100 shares each, consisting mostly of $25.00 callable preferred securities. All the preferred issues are traded on the national exchanges having an investment grade or better credit ratings from AAA to BBB (by either Moody’s, S&P or both). All the securities in the portfolio pay a quarterly dividend from a range of five to eight percent annual return. I reinvest the dividend proceeds to purchase additional stock to grow the portfolio. Stocks that make up this portfolio below: AEH, AFQ, AFSD, AGIIL, AGNCP, AGOpB, AHLpA, AIY, ALLpA, ALPpO, ARY, AXSpD, BBTpG, BCSpA, BGEpB, BKpC, BXPpB, CCV, CFRpA, COFpP, CpK, CTU, CTY, CYNpD, DKT, DLRpG, DTT, DTZ, DUKH, DXB, EAA, EAB, EAE, EFM, ELB, ELJ, ELU, EMQ, EMZ, ENHpA, ENJ, EQCN, FMERpA, FRCpA, FRCpE, FSCFL, GABpH, GDVpD, GEB, GEH, GEK, GGNpB, GGPpA, GRXpA, HPTpD, HYL, IPLpD, JPMpA, JPMpC, KIMpJ, LYGpA, METpB, MGR, MHNC, MWO, NEEpC, NEEpH, NLYpA, NNNpE, OpF, PBIpB, PJH, PPX, PLpC, PLpE, PREpF, PRH, PSApW, PSBpS, REGpF, REGpG, RNRpE, RZA, SANpC, SCEpG, SCHWpB, SGZA, SLRA, SNHN, SPGpJ, STIpE, STTpC, TDJ, TMKpB, USBpM, USBpO, UTXpA, UZA, VTRB, VZA, WBSpE, WFCpP, WRBpB

    I purchased, 100% owner of 2-bedroom Condo/Suite unit 1309 at The Suites Hotel at Waterfront Plaza, Duluth, MN. The Suites Hotel is a high end hotel in the heart of the Canal Park tourism district in Duluth, MN. This property is enrolled in the hotel rental pool and is fully managed by the Waterfront Plaza Hotel LLC management team. I receive 70% of the condo-tel rental revenue and will earn approx. 10% annual return on my investment after all expenses.

    Sentiment: Strong Buy

  • Wipeout: It's The End Of Crumbs Bake Shop As Common Shareholders Know It
    Jul. 14, 2014 9:58 AM ET | 2 comments | About: Crumbs Bake Shop, Inc (CRMB)
    Disclosure: The author has no positions in any stocks mentioned, and no plans to initiate any positions within the next 72 hours. (More...)
    Summary

    Crumbs Bake Shop filed for bankruptcy.
    The financing news is of no use to shareholders.
    Shareholders will be wiped out.
    Don't fall for the hype. Crumbs Bake Shop (NASDAQ:CRMB) has filed for bankruptcy and shareholders will be wiped out. Some investors are mistakenly excited because a company called Lemonis Fischer Acquisition Company is providing DIP financing and seeking to acquire the assets.

    The key phrase here is "seeking to acquire the assets." Think of it like a foreclosed home that is auctioning off what is left. The previous owner, which is the shareholders in this metaphor, doesn't see a dime. Any proceeds go to the creditors. And the senior most creditor is now Lemonis. As the provider of the DIP financing, Lemonis is entitled to get paid ahead of all other creditors as it funds Crumbs' ongoing losses.

    In a release after hours on Friday, Edward M. Slezak, Crumbs Chief Executive Officer and General Counsel, stated,

    "The steps we are taking today will allow us to continue to execute our business strategy, expand our licensing business and position ourselves to move toward a franchise store model. We remain saddened that we were forced to cease operations before this agreement was reached, but we strongly believe that pursuing this sale through the chapter 11 process is ultimately in the best interest of the Company and its stakeholders."

    By "stakeholders" he's not talking shareholders. He's talking creditors. In another release, it was stated Lemonis "intends to acquire Crumbs' assets, form a new privately held company and re-open its locations." A new "private company" means a new company that excludes existing shareholders. There is no plan for salvation for them. The plan is to get rid of them.

    Sentiment: Strong Sell

  • Reply to

    Bloodbath On Monday

    by jfjf666 Jul 11, 2014 8:53 PM
    beginvestor beginvestor Jul 11, 2014 10:24 PM Flag

    This reminds me of DOLN.

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