Smart you got away from it quick. If it gets a little cheaper, I may buy some. I timed it very well last time. I got a hunch the next quarter maybe an improvement.
I have had a few investments recently changing accounting firms. This one seems simple on the surface. Hopefully they needed a larger firm to handle Nephros billions soon to be rolling in. This is the quietest this board has been in years.
Not a good sign. They can't even afford to give him a raise. maybe spandex can take over the CFO duties.
Did you sell?
Last 3 Mo.
Last 12 Mo.
Number of Insider Trades 24 56
Number of Open Market Buys
View: All Purchases 18 33
Number of Sells 6 23
Net Activity 400,534 799,099
Total Shares Traded: 506,534 1,001,799
Number of Shares Bought: 453,534 900,449
Number of Shares Sold: 53,000 101,350
2013 they bought 900,449 and sold only 101,350 shares
2014 they bought 453,534 and sold only 53,000 shares
Why is it important that spandex misrepresent insiders activity. If insiders were given a large incentive to get free shares. It was probably as an incentive to turn this company around. When they take procession of these free shares, they also incur a large tax bill. What have most of them done, is eat the taxes and hold onto these shares. Over the past two years insiders have held onto 1,35M shares. Even though this is at 3 year highs. Spandex knows something is in the works, so he's instructed to lie about things. Not on my shift spandex. I love having you here, because I can disqualify every point you make. You either one dumb hombre or one big loser.
He owns a ton of it. Are you really this stupid. Insiders own a big piece of this. Why, because they know this is headed to multiple all time highs. The board of directors wanted to motivate management. Why are insiders holding so many shares and paying huge tax bills to keep shares?
You know news is coming.
They claimed last year to pay down up to $50m they paid $39M. This year they believe the will pay down between $30-$50M + the $36.6M to the Nigerians. Unfortunate for spandex, he has to misrepresent everything. Because somehow he sold prematurely. BTW they were GAAP positive last quarter. Again spandex gets his information wrong. This was in a quarter that a Canadian company was slow on something like a $24M payment. Second quarter is going to be strong. Spandex wants some cheaper shares. He knows insiders are acquiring shares and if he can lie about things, here, just maybe he can afford a 100 shares.
Spandex, with you around, you make everyone look smarter. Why are you lying about things? That's all you can do. Sore Loser.
Here are the facts on Nigerian situation. Why lie spandex?
The Settlement Agreement provides that WGHI will make payments to WAPCo totaling $55.5 million. A total of $19.0 million was paid in 2012 and 2013. Of the remaining $36.5 million due to WAPCo, $3.8 million is due at the end of the second quarter of 2014 and $32.7 million is due at the end of the fourth quarter of 2014. The Company intends to fund the final payments under the Settlement Agreement through cash flow from operations, proceeds from additional asset sales, or through available borrowings under the ABL Credit Facility.
WGI and WGHI are jointly and severally liable for payment of the amount due to WAPCo under the Settlement Agreement. WGHI and WGI are subject to a penalty rate of interest and collection efforts in the London court in the event they fail to meet any of the payments required by the Settlement Agreement.
How is it this guy cannot read a 10-k? I almost reposting last week from the 10-k the actual $35M final information. I knew that spandex would be making up fake numbers. Guess I will have to post it now. Because clearly spandex will wet himself posting lies about the company. Insiders buying and a share price he clearly cannot afford to buy it at.
Something big brewing with WG. Can you feel what they are cooking. Canada project, maybe a $3T+ project? 5 year deal, sending this stock much higher. Remember spandex was selling in the mid $8's, Was he even remotely correct?
They got someone to hand them 132K shares. Sell yourself 1800 at .007 and someone will panic and sell you 132,000 at an improved price. Maybe Shirley makes a living covering for these crooks? He does seem to show up, whenever buying occurs.
You are very close here on something about Shirley temple. There is a group out there that buys up shares. They want to intimidate any discussions here. If you mention something positive, they bring up the SEC on you. That is designed to keep us quite. But watch the day they do get funding, do you think for a second that a alias of Shirley or Stalag won't be back.
How many times a day does Shirley monitor this board. My guess 20 times a day. When vmax opened up about Stalag, he had a nut job named Smalls (who posted 1000's of messages on General motors board), confirm his identity as Stalag. Four months later I brought up the name smalls, guess who shows up a few minutes later? They monitor this board continuously.
If BMGP dilutes, there's always buyers...always. We pick up a few crumbs and that they don't like. My guess either IOBS is worth some big money or PVA is.
I asked them when will they put out something about timeline, TEVA and preclinical info updates. Hope to hear back from them. They took us over, I would like to see their plans. I suggest some other write and ask some questions. If they don't hear from us they forget about us. I know in the past they got e-mails and updated. We are getting close to a trial, I feel they can open up a little. At least announce if they will be submitting a abstract somewhere. Maybe they have to wait to see if they are accepted? To early for us to dig around for the September meetings.
Just my two cents. I understand the real stuff starts once they enter the clinics. But a little transparency is always welcome.
Start of trials don't move valuations. AF had you guys pegged as unsophisticated investors and he may have been optimistic on that title. Love when you see a deal announced with another real biotech and somehow believe that means something here. At some point, you will wake up and understand how unsophisticated you were.
Ate there once, threw most of it away. They are pushing the 1/2 price shake things. I do have a friend that likes their pretzel hot dog bun. They advertise a lot.
I think spandex is the most delusional one on these boards. Would like to know the real story about the guy. Not the one he wants us to believe. How can one guy get it wrong so much. Sells CAMP before it runs up, sells WG before it runs up, pumps CDTI and it tanks.
I offered spandex the opportunity to show us the trades. He runs from that.
You retired from the markets, because you are broke. Look, you bash CAMP and WG, two winners, then you pumped CDTI. You have been bleeding money according to your posts. Selling prematurely stocks that went up and buying a stock that fell hard. No way have you made a dime in the short period I have known you. But you are welcome to prove me wrong, by showing us the trades.
Easy to claim after the facts things spandex. But your posts never add up. You are losing bad in these trades and you know it and I know it. I give you actually too much credit here, you never owned these stocks that went up. Did you? You are a paid basher and pumper. A loser making a few pennies posting on message boards. You learn a new term and you apply it in your posts. Anyone successful in the markets, hasn't the need to tell others. Only insecure losers brag 24/7 about themselves. It's call compensating.