Just google Comdisco bankruptcy Chicago Business for eye-popping stuff.
Manuel A. Henriquez is the co-founder, chairman and chief executive officer of Hercules Technology Growth Capital. He is also the former president and chief investment officer of Comdisco Ventures, a division of Comdisco, Inc., a leading technology and financial services company, from November 1999 to March 2000. Prior to that, from March 1997 to November 1999, Henriquez was a Managing Director of Comdisco Ventures and a senior member of the investment team that originated over $2.0 billion of equipment lease, debt and equity transactions from 1997 to 2000.
"On June 5, 2012, the Company entered into a Term Loan with Hercules Technology Growth Capital, Inc. (“Hercules”)...The Term Loan is secured by substantially all of the Company’s existing and future assets, including a mortgage on real property owned by the Company’s wholly-owned subsidiary"
You'll never guess who runs Hercules. Yep.
I know the story is old (Nov 27) but what a bunch of bunk! First of all, Seeking Alfalfa pays to publish this drivel. Secondly, it's NOT headline news. And thirdly, the content is deplorable. It in no way describes the AMSCesspool I know nor highlights any of the warts I've noted since $43. The bottom-line is the company is down 97% from where I said SELL it because it's a failed business. Where in Seeking Alfalfa does it talk about the $825+ million in losses from decades of mismanagement? How about directors plundering the company with special dividend grants years ago? Or how about the failure to safeguard AMSC's intellectual property? How about the former CEO dumping millions in shares at $40+ and then fleeing the company? Seen Yurek lately? I bet it wasn't in an orange jumpsuit.
Avoid this stock, folks. Yes, it's my opinion, but so far I've been 97% correct and only $1.50 more to go. There is no compelling argument whatsoever that suggests owning AMSC equity (I've deemed worthless at any price) is anything but a financial suicide mission. The company is a going concern as its auditors have stated. I didn't see that in the Santa Claus rally headline (bs) story from Seeking Alfalfa.
"It's trading at less than half it's 52 week high." Bwhahahahaahahahaha!! For a reason numbskulls!
Gee, it's also trading at 99% less than $43.50 when I said it was going down and bankrupt. With over $825+ million in losses, it's a failed business. No bailouts coming, just a federal judge and a trustee.
Blackrock was also selling stock while it was being pumped to over $43. I'm sure it's position is darn-near fully hedged in profit and/or short. Someone has to carry this dung to the dump. Who wants the 5% from Blackrock? Anyone?
Didn't think so.
Another big distribution day above average volume. Surprised the price is holding. Someone seems to be propping this up. I can't believe how such a terrible, bad situation could carry a $1.50 trading price. I've seen better situations trade for $.10.
for suckers! This stock is doomed. The equity is worthless. Why it's trading above $1 is beyond me. It should be under $.15 right now which leads me to believe it's a computer error/typo.
No one is buying this ponzi rubbish. Not even Kevin Douglas!
Gee, imagine that, Fraud St. having a Buy or Hold all the way down. BFG was right at $40, SELL. I told you all this was going bankrupt. $825+ million in losses, over $1 billion equity plundered, and now time is up.
Let there be no confusion: both these id are mind. Please, don't forget it.
Yahoo makes you use your ids or lose them. So I prefer plenty of exercise. Often battling the incompetent pumping/bashing fools, I grow weary of changing ids on specific boards. Anyway, I hope this helps you pumping/bashing fools realize who you're dealing with.
Being short both stocks, FNSR is the one to like. Although I have stated reasons for shorting AFOP $23+ on down, it by far is under-valued vs. FNSR over-valued. AFOP is a damaged stock (6 time pump and dump) vs. FNSR is an over-hyped, over-valued $1.5 billion loser. It's a Fraud St. pumpers' special carrying 79 pe for a company that doesn't share any net income with baggies (no dividend) and has over $1.5 billion in accumulated losses. That's the ponzi scam here. Insiders getting wealthy on losing money!
Danger Will Robinson, Danger! Sell/short/avoid: you choose. Just don't buy this stock long and think you're going up to dump on some other sucker. Won't happen.
I guess the pumpers don't want to hear the music, eh? Under $20 coming. Bank on it.
Where are these two pumpers and the rest of their multiple id pumptourage today?
Thank goodness I initiated coverage so timely. And imagine, I do it all pro bono--gratis!
Bank on it. This last pump is to get out before the convert shorts POUND the stock. Bank on it.
and so many Cesspoolers have STILL yet to start dumping. At this point, insiders are going to go down with the sheet if they don't start unloading ASAP.
Bwhahhahahaa!! The old dog ate his homework, eh? How did I guess this when I penned my post.
Well, I'll give him one more chance to be removed from ignore. He can let me know when he gets his annual report. I'm sure he's second to Kevin Douglas in holding AMSCesspool shares. Most likely the Cesspool will be BK by then, and I'll never hear from Fred again. Either way I win because the tool isn't coming off ignore and I will no longer respond to any of his nonsense.