Anyone think he knows he's doomed now?
Rip, it's my experience that many of these pumping shills hold no positions. Mostly they're annoying dirtbags looking for attention--most have no background in stocks, finance, accounting, etc.
When you're wrong, you're wrong. I'll admit it on any stock/position or argue otherwise. I always come back to take my lumps. These dopes? The stock falls 40% and they're still arguing and pumping a 10% retrace like it's some victory. I've called a lot of the pumping shills out over the years and years I've been around. It's the ones that never can debate the facts or reality and simply go to disparaging or bashing folks or post endless, mindless pumping nonsense as the price goes against them. These are the ones to ignore.
Really I have to laugh at the pathetic pumpers and spammers I've come across in over a decade+ on yahoo. The ones that always tell me how shorts are going to get roasted or longs toast and yet never explain how, why, etc. are always the first to disappear and never take their lumps when I whack the snot of them. Frankly, it's why I'm bad to rub-in AMSCesspool. Vindication is part of the spoils of war.
Anyway, thanks for the nice comments re AMSC. In fact, battling idiots on this board cost me my long-term old id (traderpro2003). That's when it got personal anyway. Going after the Big Boys pumping this rubbish must have p-off someone, but in the end I got their money and a new ID. Good trade in my book.
So many millions of shares to sell and so little an exit. Pretty soon the market makers are going to rip the big and it's going Davey Jones Locker.
probably ssquarebrains since his id folded
Bwhahahahahaha!! Only $1.50 to go and it's lights out.
Financially, I think it's doomed and the equity will be worthless. SEC filings are stark warning to suckers: DON'T EVEN THINK ABOUT IT.
Anyone that recklessly leaves source code laying around for someone to steal...just go leave a $100 bill on the sidewalk and see how "honest America" works for ya. Pa-leeeeese....puke post. AMSC is a ponzi scam...just ask the former CEO that sold at $40+ and fled!
liked the concept, too, just found no investment in it. WPRT sounds interesting as well, but show me the money. The more losses the higher the stock price? Hahahhaha!! I proved this "concept" wrong. Still can't believe AMSC had over $500 million in accumulated losses and they jammed it up to $43 and over $1 billion in market cap before the BIG DUMP!
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.