Divests it rather. I'm yet to find any stock he owns not worth shorting. His Imax will tank, too.
What an AMSCesspool!
Literally, I've clobbered the guy from FSYS to CLNE to WPRT to my favorite AMSCesspool. There is something not right about a guy with this much money and losing it all. Don't get me wrong, the guy has made me a tidy fortune, but when does he put down the shovel??! hahaha
I just re-evaluated and maintaining my SELL rating on FSYS and lowered target to $10 now. KD getting clobbered. I have a strange feeling we're going to find the guy floating in some river.
I've said it before with AMSC, WPRT, CLNE, etc. and I'll say it again....AVOID FSYS. Folks, don't be stupid. Keep you money safe.
With the Dotgov bubble bursting and ponzi scam stock markets bloated, risk remains to the downside. Under $10, I'll re-evaluate my rating.
Kevin Douglas is turning out to be quite the fool. But nonetheless, I do appreciate his business!
BFG describes WPRT, CLNE, FSYS...modern day snake oil
by bigfatty_guns • Mar 21, 2012 5:59 PM
Don't get suckered into Fraud St's latest bubble to nowhere, folks.
BFG is a short caller. Those that know him, go with him.
Really I'm surprised CNBC hasn't begged me to come on its program.
Update: BFG knocked Kevin Douglas out of the AMSC ring and his teeth are coming loose in the WPRT bout to $10 with WPRT. And somehow I feel like I have an unfair advantage with just a normal brain...
BFG vs. Kevin Douglas
by bigfatty_guns • Mar 20, 2012 8:29 PM
As many of you might know, Kevin Douglas is the LARGEST bagholder of AMSC. Countless times while it was being pumped, hyped and propped up higher and higher, I highlighted the dangers of the profit-less business. I referred to it as a ponzi scam much like I'm describing WPRT.
WPRT is still in the honeymoon phase much like the promises of untold riches with AMSC back in the dotcom days. Fortunately, spending enough time in MA, I got to know (now former) CEO Yurek of AMSC and the great scam he and the board were pulling. Ultimately, the business failed but was somehow reinvigorated with it's purchase (for less than $20 million) of Windtec. This gave his ponzi scam more time and even more shares (25%) enriching directors in a once-in-a-lifetime handout suddenly. The company latched on to the green wave and even climbed in bed with Sinovel/China. Ultimately, the company never made money on this ponzi scam either...racking up hundreds of millions in accumulated losses as revenues grew. So excited about the success of the stock skyrocketing, naturally AMSC latched on to Sinovel putting its assets and future at high risk to unsavory situations (to say the least).
Well we all know how the story ends. I said at $40 the stock would tank to $3...where it is now. Alas, I find a similar situation with WPRT and strangely enough...Kevin Douglas is involved. How strange. Well, fortunately for me, Kevin bought tons of shares in AMSC from $40 on down to $4...clearly largest buyer. At the same time, he was buying up WPRT into the latest ponzi scam hype.
So, it's BFG vs. KD. Place your bets. So far, he's winning (vs. my short position starting circa $45). If he can sell-out here, he'll probably win b/c I'll wait until $10 at best (my target). However, once the propping up and support changes to selling/profit-taking? Look out below. Losses are losses..
Easy nothing. I traded against the loser from $43 on down to $1.55 ($18 to $43 and down, actually) and I must say the guy hits like a little girl. I imagine A LOT of the money I'm sitting on from shorting AMSC is his. It's that simple. My biggest and only concern is the guy is somehow doing illegal ca-rap and the feds come after my profit somehow attached to his (ill-gotten?) money like a Bernie Madoff or something. Seriously, #$%$ does this guy get all this money??? and how can he continue to lose it faster almost than Bernanke?!
Anyway, I shorted him (posted to that board, too) from $30-$40 on WPRT and that's paid well (far second to AMSC). In fact, I appreciate people identifying his trading activity so I can get fresh new, high-potential targets! Seriously, the guy is a moron when it comes to investing if this is all he's got. I don't know his entire portfolio, but good grief! @ what I do know.
Kozlowski is getting out in Jan after serving 8 years for swindling Tyco. Just imagine how many years Yurek would get and some of the directors. This company did nothing but FLEECE baggies. Fleece them hard!
I guess Fred will learn when AMSCesspool files for bankruptcy what happens to his investment. POOF! It goes bu-bye and involuntarily his shares are canceled. Yeah, it's no rumor, Fred. You'll get $0.
Bwhahahahahahahahahahaha!! Fred, is that really you, lafool? Maybe ssquarebrains? Or ZEPSOAP? Bwhahahahahaha! You sound REALLY stupid and familiar and my pumptard detector goes off louder with your every post.
Another company everyone is unloading while just laps it up with both hands and multiple bank accounts. I researched this company. What a mess. Another money loser with a foggy idea at best. His only hope is shorts get squeezed, however, KD never seems to sell/take profit. He's the only dope I know that just LOVES LOSSES and more the merrier! The stock is another pumped and dumped disaster. The company basically trying to make money off of fat America with electrocuting their fat-assisting mechanisms. Good grief the Maestro system? If stupid America could just control itself, they wouldn't need gimmickry like the Maestro to stay fit and healthy. And here we have KD loading up his boats getting fat on ETRM...bwhahhahahhaa!
Well Fred, when you can call them 100% correctly from $43 to $1.55 maybe they'll pay you. I wasn't aware that I get $.25 a post, but please let me know who is paying and where to pick up my check. It's always been my pleasure taking anything from the AMSCesspool pumpers, shills and charlatans...not to mention Fraud St!
It's unheard of. Well then again, he and his multiple ids have been pumping AFLOP since I said SELL/SHORT at $23.94. They've been DEAD WRONG, demoralized and humiliated into pumping no more.