There has been a lot of hype on this Board the past few years about how much "skin" various buyers, pumpers, longs n calms, etc. have in ZLCS.
Anyone who possesses a miniscule of intelligence should now know, based upon the way Corrigan and his cronies handled the Reverse Split, released the data on Z160, and its potential revenue for next year, that ZLCS will in the very near future no longer listed on the Nasdaq exchange, and more important, be a company in existence.
Forget about law suits because if you are one of the few on this Board who have no intelligence, let em explain something. A company cannot be sued predicated upon a plaintiffs greed.
Moreover, if the suits start coming in, ZLCS will quickly file BK.
On that note, take your lumps and move on: the facts are simple, Corrigan & his cronies had us volitionally pull our pants down, requested us to bend over which we complied, then, without applying any jelly, stuck a six inch shaft into or rear ends (I apologize for the crudeness ladies, but, what I say is a fact).
In my case I took a gamble a few weeks ago on ZLCS that it crystal clear did not pay off, losing $4553.00. That was real money, not profits. However, I am not crying. I knew going in that I could be on the losing end.
I figured the most I would lose would be about a few hundred in profits, not $4553.00 of real money. I opined that if the results were negative, ZLCS would drop to $3.50, then to $2.50 throughout the day, settling at the low $2's. Wow! When the bell rang yesterday and I saw the price of $1.34, not $6+ as anticipated, I knew there would be no shoes for the kids for school.
Although many on this Board had high praise for Corrigan or his cronies, as evidenced by my previous posts I did not trust them. That said, some greed tempted me, and I got kicked, fortunately not slaughtered though.
For all you calm longs, pumpers, if you have the b@!!$, and can be honest, let the rest of us know what you lost on the ZLCS gamble
They got all of mine yesterday at $1.36 or $1.38, too #$%$ to remember. IMO, ZLCS will be in the single soon, so, enjoy my shares.
Class cannot be bought, one is born with, or without out.
Grail, by your post it appears you lie not in the latter.
Although I saw the bad news on my iPhone around 7:15 a.m. PST, I could not get to a computer to read all the news.
As I opined in a post around mid October, it was my opinion that Corroigan and his cronies were well aware of the outcome of the trials before the R-S, that the news was unfavorable, I did not plan on those crooks releasing the news until next week, time enough for me to bail at $7 to $8, surely not an hour before opening bell.
IMO, Corrigan will be filing for BK shortly, so his new company can minimize legal expenses.
We all were here to make some money, so, I can't see any lawsuits being successful, and when considering the prospect of ZLCS filing for BK, it is time to just forget about the experience.
There are a lot of crooks out there running companies, OUTR being one, so tread carefully.
Cat man, you and I were ridiculed many times since 9/30 and we were right.
I hedged against my opinion in the off-shot I was wrong, the result I lost some of my 2013 profits. I definitely don't like losing profits, but, since I accept the fact that there are no guarantees for profits, I tend to limit my exposure to losses.
I must admit I gambled a tad too much, but, my game plan was to exit this week between $7-$8, definitely not $1.36.
Where the the hell is Calm n Long Jimmy P?
Wise post Cat man. Your statement is exactly what I opined after the R/S. Nonetheless, I gambled some profits, opining ZLCS would pop to $7-$8 this week. I had a sell for $7.80. I now know that order won't hit. Now all the longs will get an idea what it feels like to be a #$%$.
Not laughing at anyone's losses. I have em too.
Like the Cat, I also will be watching ZLCS to see if it can hold a buck, then .80. If it can, and not file for BK, maybe there will be some fast money to me made.
Give it some time, it will fall below a buck shortly, then bankruptcy. I bet Corrigan and his cronies were sticking a knife in it right before the R/S..
Come on Jimbo, knock off the #$%$ and tell it like it really is. "Of all the things that hurt is the loss" that this White Man was losing, in my case about 5k in profits! My only solace is the fact that I gamble profits, not money from the bank. On a side note, I could give a #$%$ about Z160's potential.
Myself being a lawyer, which some on this Board have ridiculed, have some insight on a potential lawsuit by aggrieved individuals who bought stock (big difference than investing) on the hope of making some money.
Any of you who have read my posts are aware that it has been my position that Corrigan and his cronies could not be trusted and had daily news about the prospects of f Z160.
I sold on 9/30, which covered all of my past losses as well as putting several (a tad less than 3) grand in my pocket.
Like most people, I like to make money, so, I took those profits as well as some from ANR and ALDW, WFT and got back into ZLCS, planning an exit between $7 and $8 this week.
I was not investing in ZLCS, just putting some money on the table to see if it would increase, like all of you.
Just like Corrigan's duplicitous maneuver with the timing of the R/S, at 2:30 a.m. PST yesterday, Corrigan and his cronies dropped the axe on all of us. As soon as the market opened four hours later I sold all of my 2004 shares for $1.38, opining ZLCS would fall below a buck today.
Am I whining now? Am I drafting a pleading to file in some federal jurisdiction to sue Corrigan? Hell no! Even if I my case had merit, which based upon my reason for buying ZLCS would not, I have confidence in a judicial system that would not bring justice. Even if I were wrong, ZLCS will be bankrupt shortly, so, why waste my time over a few thousand dollars.
Had it gone the other way, I would be happy, looking at a few k in profits from my purchase of ZLCS.
Boys n girls, move on, go find anther stock.
By the way, anyone seen Long n Calm Jimmy Patton? At teat the Ranger surfaced to make some comments.
Maybe Jimmy P was the Daug???
We all got screwed, but that is what happens when a person buys stocks.
Depends, alcohol, dope, forty-five! If you guys n gals don't have the money to lose if this POS stunbles, then what the hell are you doing in ZLCS?
For that matter, what the hell am I doing here after selling a few weeks ago and a week or so later putting in some mo moola from the profits I made.
Oh dung!!! Come on baby. Do I hear some Hail Mary's?
If we lose, maybe Hussein will make us whole like he has for all the dead beats who failed to pay their mortgages, claiming it was the banks fault for loaning out the money; or for an Obama phone; or three years of unemployment benefits' or bailing out the banks. Oops, I forgot, that yellow-backed murdering Bush Jr. was responsible for that.
Yeah, the Bush who was to scared to go to Nam but was not too reticent to send solddiers off to the mid-east for Crusades II.
Dung! I am getting political. Add that to the list of using Depends, alcohol, dope to get us through the waiting period.
Definitely not too damn long, and definitely not short, just about the right place to find an exit should it come before announcement of Ph II. I don't have the b@!!$ to wait for the announcement. lol
Good luck to all of us dreamers and hopers.
That flim flamming JC and his hacktress Stephanie Link have the potential to significantly move stocks up and down via their shows on CNBC.
I would be remiss by failing to point out that I got interested in ELP after listening to JC hawk the stock on several of his shows. Albeit I did my dd before purchasing to make sure JC was not pumping for his cronies who where on the sidelines to bail, as soon as I bought, JC became a regular basher, as he did with WFT, ANR, OUTR, S, and a myriad of other stocks.
Albeit a rookie can pick up a lot of knowledge from JC on how to buy and sell, on the other hand everyone has to proceed with great caution whenever he recommends or criticizes a stock.
He is noting but an educated snake oil salesman.
Maybe Mike Morhamus S-A article today is responsible. My intent is to sell at $7+ so I there will be some shares available for you longs buy ahead of the PH II announcement. Go ZLCS.
Not too long, and definitely not short, but just here to make a few bucks in the next week.
I did, at $4.99, betting that I can get out safely at $7+, before the news. I am not a pig, I just want a little of all the greenbacks the longs say are coming. Come on longs, make my day and keep buying some mo.
Sooo Jimbo, from your post can I presume that you haven't contacted your broker to purchase some Tweeter stocks tomorrow when they become available at the IPO?
I will wait until they fall to $17, then, if I have any trading money that many posts opine I will have after the 18th I maybe pick some up, looking forward to a rise like FB.
Definitely not long, but I ain't short either, just waiting for a surge to $7 to cash in my marbles and wait for another day to buy some mo.
IMO, there are a lot more stocks in the market place to buy than holding on to a pipe dream. Take profits when you can, sell when there are none.
I hope you are wrong Bru. IMO, ZLCS may plunge to a flat $3, but if you are right and ZLCS drops to $2, it won't be for at least two days if Z160 PH II is negative. I am bailing out at $7.69 if it can get its mitts on a vial of Viagra.