Its hard to imagine a worse investment than writing a check to Whale Wars but once again OMEX has accomplished the impossible. Charitable donations can be written off against income whereas capital losses can only be deducted against gains, making Whale Wars the superior investment. Plus you know exactly what you are getting with whale wars and may even get a thank you letter for your donation.
I've gradually moved to the garscrappa point of view, its tough enough to find your own treasure, to pay 50 PEOPLE a FULL SALARY for years well it's pretty much impossible for shareholders to expect anything but a break even at best. The company management and employees are taking all the profits.
This could be one of the greatest hustles ever.
Shorts better hope Asensio isn't over at Sidney's watching hoops.
I didn't tell mine, whew! Luckily it was relatively small she won't miss it but I sure learned my lesson about these types of companies. I'll never buy a small fry again without significant insider buying.
I can't even bring myself to watch undersea TV shows anymore, I'd only be hoping they don't find anything so they don't have an excuse to glorify themselves with their discovery (at shareholder or taxpayer expense ... never mentioned) and waste more shareholder or taxpayer money. LEAVE THAT STUFF ON THE BOTTOM is how I think now after my miserable OMEX experience.
Investors would be better served buying an old pickup truck and cruising the neighborhoods on garbage day picking up copper, steel, etc metals for recycling, right? I mean, the OMEX way is delayed, somewhat risky and the returns are heavily diluted by the share count and expenses, but the dumpster diver way is practically risk free, except for the initial cost of a 500 dollar pickup truck and gas, all profits go straight to your pocket. Plus there always the chance of hitting the jackpot and scoring something real good, something that will never happen with OMEX.
Owners of he huge smartphone screens that Samsung offers seem to really like the smart watch, which makes sense. The smart watch may work for Samsung and totally fail with Apple. I can see why the Apple fanboys gave it a big thumbs down at first but the could be totally wrong just like they were wrong about big smartphone screens.
if you want further confirmation of CNBCs bias against OLED check out this video from a few days ago ... when don't they hype company when they have a chance ... when its OLED that's when.. Oh I take that back they inferred Apple has the patent on the screen lol. OLED moved about 5 cents during the interview it would have launched 3 bucks if Universal Display was mentioned.
Search "LGs new unbreakable phone - CNBC"
A noisy short has to work much harder on the shorts that went bad than the shorts that went well. If the short went catastrophically bad then salvage operations becomes a full time job. It just makes sense from a business perspective since losses are potentially unlimited with shorts.
I've seen CNBC invite a CEO or similar after a strong earnings report, then halfway through the interview sneak attack the CEO with some sort of enemy of the company, in an effort to embarrass them in some way. I'd caution OLED to be on red alert over the next few days.
For starters, OLED isn't a value stock.
We're watching you CNBC, documenting everything, we will be watching especially close tomorrow.
A couple years ago Sidneylee proved the shorts valuation model for OLED was all screwed up and the shorts are still believing their model ... Lol ... only a bot could have written something so dumb.
I can see it now, "Listen up guys, I don't want you to say anything positive about Universal Display, don't ask why. Cramer ... never ever give OLED a buy buy buy say things nobody understands like its a battleground stock, Herb be a good conduit for the shorts especially when there is bad earning or patent news make sure the bad news is blown all out of proportion ALL DAY LONG, Maria your job is to smother good news wherever something good comes up wait until the end of the day to say something, always make sure to cancel good news with a contrary view then CLAM UP no more about the good news, OK got it guys now get out there and act like you mean it!!!"
It will be nauseating when CNBC finally "discovers" this previously "unknown" stock and starts the daily pumping. I have to believe someone big is behind all of this from the start-maybe the pump job will start with a tweet?
Aw Billy you got hustled.
Its a freaking bloodbath out there, this might be the day they decided to end the short problem once and for all.
George Zimmerman OLED Invesors
I'm stunned seeking alpha allows long/short hedgies to post. Asenio used them like a 2 dollar hoar. I can't blame Asenio for using the hoar since he is what he is, but I expect the hoar to have a little self respect jeesh.