Nope, it was me...I bought 200 shares right at close to prop us up. Not good to close down on a strong market up day :)
I got the letter too but it was forwarded from TDAmeritrade and I got it a few weeks later than others here. Who is your broker? Maybe I need to change : )
I may have mentioned this before, but there may be many more than 100 shareholders of IDND. For example, if 10 people on this board hold IDND in TDAmeritrade, it's held in the street name, then the ten are counted as one shareholder....since the shares are actually held in the broker's name. At lease, this is my understanding.
If IDND does what GA I thinks is possible (and I admit, he's eternally an optimist as are all entrepreneurs) , a 10 bagger will be an understatement. My last penny stock went from under a dollar to $100....it took a few years. I was stupid enough to sell when it about tripled. I left several million dollars on the table. Having said that, IDND is speculative until it produces a sustainable and rapidly growing profit. I can understand Sophia's frustration. if she needs the money, maybe she should sell some now and hold the rest unless selling everything makes her sleep better at night. Or if she sells it all, possibly learn to live with the regrets from having sold a little too early (as I do on my previous penny stock)
100 shares took us down 14 cents just after open, then near close, 5000 shares took us back up to even at 49. 100 shares then took us down 10 cents at close. Don't think I've ever seen this before with IDND. Seems like someone is trying to scare weak hands out? Opinions welcome : )
im just curious....how do you know or are you just guessing? I'm relatively new to IDND, so there is likely history of which I'm unaware?
Luke, Lou is still actively investing. do a search to see what he's doing (i think guru focus lists his recent trades). I'm sure you know that Buffett is highly respectful of Lou's investment prowess.
Actually, there is a device that allows multiple pours from expensive bottles of wine....it's reusable but expensive. It's called Coravin at $350-400 per pop. It uses Argon gas....don't know how to link it without my post being deleted so google it :) btw, how does one show a link without it getting tossed?
Luke, The investor paid $1 per preferred share. 1.5m preferred can be converted into 5m common. If my math is correct, this works out to 33 cent per share, which was probably about where we were before the $1.5m cash infusion occurred?
Jack, if Pepsi likes sexy-looking models, perhaps we could find a well-endowed lady utilizing The Answer as pasties (lock in the freshness)? Then juxtapose this against a 99 year old lady to represent brand X (calm down HPF!). Sorry, I couldn't resist sharing the visual :)
Sentiment: Strong Buy
I wouldn't be so sure that GA isn't aware of this board and its content. I know of at least one large shareholder who reads this board and has GA's ear.
Sentiment: Strong Buy
Actually, these guys could get cut out entirely....refrigerated tankers (which have to be expensive to operate) won't be necessary. Ship directly from the milk packagers to the consumers, prepackaged, ready to consume, no expensive specialized refrigerated container ships required, no need to ship milk by expensive air any longer....think about it. 1 gallon of milk currently costs about $8 (Google cost of living in China...OJ is even worse!) .....GA...are you reading this or are you and your team already on it? Who likes powdered milk? Hey, recommend this post, maybe it will get someone of import's attention : )
Sentiment: Strong Buy
A Dutch logistics and engineering company that specialises in the global transport of perishable liquids believes Australia’s dairy industry could send large volumes of fresh milk to Asia by boat.
Diederik Brasser, managing director of Trilobes and its sister company Milkways, says some dairy regions of Australia have a rare opportunity to ship milk to meet the lucrative and seemingly insatiable demand from well-off Chinese for Australian fresh milk.
Dr Brasser predicts that Australia’s dairy industry could double its annual milk production from 9 billion litres to more than 20 billion litres and become much more profitable if it was able to bulk-ship fresh milk to Asia and the Middle East rather than export commoditised milk powder.
His company has already developed modular refrigerated tank technology that allows bulk freighters to take fresh orange juice from Brazil and Mexico to Europe without spoilage.
The proposal is particularly attractive to isolated pockets of milk production such as in Western Australia, northern NSW or Tasmania, where small domestic markets limit expansion opportunities or force a reliance on low-price milk powder.
Fresh milk in Australia retails for just $1 a litre — with farmers receiving less than 50c a litre — while the small volume of fresh Australian milk airfreighted to China sells for $8-$10 a litre, with demand outstripping supply.
“The high demand for fresh milk in China and the prices they are prepared to pay will only have a real impact on farmers if you can do it in large quantities and large-scale; what is being done with airfreight is nice but won’t help every dairy farmer,’’ Brasser says.
“Australia has a comparative advantage over New Zealand to supply this fresh milk demand by ship because it is closer to major Asian and Middle East markets, and we know we can keep the milk fresh tha
I once sold a penny stock that doubled. Decided to sell it and take my amazing gains. Then it went on to almost $100 per share. Years later, I still feel like puking! The amazing thing is that I understood the stock very well but out smarted myself by thinking a double was fantastic. I would have an additional $6m in my account today if I wasn't so "smart" : ) But, never, ever bet your future on this or any stock unless you're young enough to recover! Anywho, is anybody gonna step up and buy a few shares at close to help attract the attention of technical traders or will it only be me again? BTW, the stock price will take care of itself when we see positive numbers o mayber hear of signed contracts with volume estimates. Good luck to us all...
I said before, that I THINK this could be a $30 stock eventually IMHO and Sophia laughed . But if you don't know why you're holding it, then you probably should sell and invest in things that you do understand. BTW, I'm not an expert in this industry so take this with a grain of salt and do your own DD
7400 shares bid at .55, only 1000 ask at .635 Seems to be some buying interest but not much selling interest.....this move up is for real and hopefully sustainable folks! anybody gonna step up and buy a few at .635 before close? : ))
It would be great if GA would publish some numbers since Dohler came out of the closet :) Til then I won't get too excited....it's my nature : )