As far as I'm concerned mike_dotcom was short at the beginning of the year, was he long before is he long now who knows. I refer to him as Eeyore for obvious reasons.
This stock never lets you down - if you're short. I actually think you could short it right here and still make a fortune. This one is going to be driven into the dirt.
imadtchdgr • Jan 23, 2014 1:13 PM Remove
.Short some more Eeyore.
mike_dotcom • Jan 23, 2014 1:15 PM
.It's the ONLY way to make money with this dogschitt of a stock.
I recall Mike being all giddy a few months ago after Hero took a big hit, it left me with no doubt that he was short at that particular time.
Smoked, "You can argue your way to the answers that support your position", you appear to be no different than what you accuse others of. They exceeded projected production targets, there is plenty of cash in hand and no debt yet you fail to mention these simple facts. I'm guessing you are either a short, you are trying to drive the price lower to acquire shares or you are a disgruntled current or former employee. Think I will buy some more shares this morning, you seem to be getting more active with your posts which is telling me you are getting nervous that the price is headed higher, thanks.
The kids in DC need to stopping fighting and figure out how to fix the corporate tax problem. How about taxing US corporations at the same rate as individuals then allow for dividends to be passed on to the shareholders tax free for those companies based in the US. It would help keep the companies here and the shareholders would also put pressure on the executives to repatriate the earnings being held outside the US.
Why do you want someone else to come in and benefit from Capstones technology, we just need management to get the lead out. The company is in the right place at the right time.
I think their product is now in the right place at the right time but they seem to be stuck in the garage and can't find their way out. Management should either figure out how to ramp up production and sales or get out of the way. Revenue should be going through the roof, the time is now.
Cantor put the bills on Reid's desk specifically to be put in the trash can, it's called politics. Would be nice for a change to get some leaders who are not interested in their re-election, maybe now that Cantor does not have to worry about re-election he could set an example for the other elected officials in Washington and actually try to accomplish something meaningful.
You sure you have the right "Cantor"? Eric Cantor a House Representative from Virginia made life difficult for both Obama and Boehner, he torpedoed the Grand Bargain and tried repeatedly to have the government shut down over debt and tax issues. He had Boehner bent over on numerous occasions in the last 3 to 4 years. In my opinion his tactics in the summer of 2011 had a big impact on the economy and are one of the reasons it failed to gain traction sooner. For the record I'm glad to see him gone, happier than a pig in a pile of chits.
I found it interesting that the filing reported 36 shareholders of record for Class A shares as of March 31. So if you take out officers and Directors your in the 20's somewhere at best. "As of March 31, 2014, we had 18,354,121 issued and outstanding shares of our Class A common stock held by approximately 36 stockholders of record. " There are only two shareholders of Class B stocks, who actually have control of the company due to their voting rights. So it seems most of the trading must be between the Market maker(s) and the people on this board. The big short, the Market Maker? Naked?
As for new securities considering the past history of this company probably best not to invest any substantial amount in anything other than what the insiders are buying themselves, if you can. A guess, they will be creating Senior securities that they will take themselves.
I agree there is potential, my concern is the short term, they dropped another 4.5 million in cash. They need funds to build the houses and general expenses as well to pay the 20% interest.
Whether a short or long who ever bought the shares they believe it is worth at least 1.70, so there is our floor which it will probably trade down too over the next week or two. The question is whether or not too add to my position.