amedaus / seniorbug is still refusing to admit that he lied about predicting GORO would go to $2.
In fact, he was telling everyone to buy more a few weeks ago.
"" Gur can be of significant help to you regarding your lack of self awareness ""
That's wonderful! Now, what point are you making about GORO. Are you trying to say that people should buy GORO stock now and that they shouldn't listen to me because I don't have any credibility? Is that the point you're trying to make? Tell us, amedaus.
"" My posts are all about behavioral investing ""
By all means, amedaus, tell us your behavior investing point about GORO that you're trying to make.
"" No, but I am thinking of aggressively buying the Dec 7.50 calls at 20 cents. For $19K I can get the equivalent of 50,000 shs. Too cheap to pass up here. ""
Here he was hoping the stock would get back up to $7.50. That $19k was probably the last cash advance he could get on a credit card. (The stock never did make it back up to $7.50.) He was wiped out on those.
Here's seniorbug in Oct 2013, when GORO was at $5.00:
"" ipdaily69, I am relatively new to this stock. It looks like a screaming buy right now . . . I have decided to take advantage of this very cheap price on GORO and am jumping in very hard right now. "
That was a few weeks after he stopped posting as amedaus. Maybe a "hard" jump was him leveraging the remaining value of his home in order to dump it all into GORO. amedaus always had a foolish "let it ride" mentality (even when we pounded the table for him to take some money off the table), so he probably also had a "ride it to the ground" mentality, too.
As of July 15th GORO's short interest was a paltry 2.39 million shares. That's quite a drop from the previous period and less than half the 5 million shares that amedaus claimed could never be covered with driving the price of the stock higher.
I tried to explain to amedaus that short sellers can most certainly cover their positions as a stock drops in value, but he claimed I was wrong. His little brain just couldn't grasp the most basic concepts of short selling.
Remember all those "Short Reports" amedaus would post bi-monthly? When short interest decreased he claimed it was good for longs, and when short interest increased he claimed it was good for the longs.
Ha ha. I'm so happy amedaus is still here as seniorbug so that he gets to enjoy all these great old memories.
Your last post on this board as amedaus: Sept 1, 2013
You're first post on this board as goldbooger: Oct 4, 2013
You're last post on this board as goldbooger: June 10, 2015
Your first post on this board as seniorbug: June 19, 2015
B U S T E D, amedaus.
seniorbug / amedaus,
Admit that you LIED about predicting that the stock was going to $2 a few weeks ago. You wrote that on a different message board.
It's so funny how obvious it is that you're amedaus. amedaus always refused to respond to anyone that proved his lies and obvious mistakes. You do the same thing as seniorbug that you do as amedaus. It's hilarious.
"" You short at what you believe is the top of a chart. ""
No, I don't. That's stupid.
"" you are in fact a rookie ""
Nope. Not at all.
"" There has been no interruption of the GORO dialogue ""
You're clogging up this board with your NFLX obsession.
seniorbug / amedaus,
Admit to this board that you LIED about predicting that the stock was going to $2 a few weeks ago. You wrote that on a different message board. Loser.
"" you are a slave to a chart. ""
I don't use charts in anything other then the most rudimentary way.
"" You totally missed the FUNDAMENTALS, on NFLX. ""
Since you're intent on ruining this board for anyone that wants to discuss GORO. Go ahead and tell me what fundaments about NFLX I missed? I didn't miss the fact that they were positioned to add subscribers. I didn't miss the fact that they would be able grow revenues. I didn't even miss the fact that they'd be able to grow profits. The short is based on the fact that the current and expected profits don't support the valuation.
I'm so sorry that you're little brain can't handle that.
Now, stop trying to excuse your GORO disaster by obsessing about my NFLX position, amedaus / seniorbug.
just because a position can take time to work that doesn't mean that it was wrong to take. Everyone knows that timing is the most difficult thing about shorting. I never expect all short positions to work as quickly as GORO did. That's why diversifying trades using sound portfolio theory is important - you decided to do the opposite.
Admit that you lied about claiming GORO was going to $2. Admit it.
Here's the lying amedaus/seniorbug lying his butt off a couple of days ago:
"" Here's my post on June 16th when the stock was at 3:
"Wake up. people!!!
This stock is heading to 2.00. not 20. ""
Heh, the lying seniorbug / amedaus didn't post that to the GORO board. What a loser. That's ok amedaus, keep obsession about my trades. I'm sure it makes you feel better about losing your entire net worth.
seniorbug/amedaus, I've researched everything. These bubble stocks will come back down to earth. Idiot longs, like you were in GORO, will be the bagholders. I always recommend a portfolio approach - just like I did for you back when GORO was at $30. You scoffed at me, then you lost your entire net worth.
Then, a few weeks ago, you were telling people that it was time to load up on GORO again. Sad.
Start seniorbug's quote:
Your inability to do research is showing Natasha. That's what got you into the disaster that is both your NFLX and TSLA short. Here's my post on June 16th when the stock was at 3:
"Wake up. people!!!
This stock is heading to 2.00. not 20.
2nd quarter is over, disaster on the way."
End seniorbug's quote:
I think this is going to be my favorite post for quite some time. Here's seniorbug (amadeaus) claiming that he wrote that GORO was heading to $2 on June 16th. What's so funny is that he never wrote that on the GORO message board. He may have written that on some other board, but it certainly wasn't on here.
In fact, he was saying that it was time to load up on GORO last month. Ha ha. Just in time for this most recent downturn. Poor amedaus, things just go from bad to worse for that poor sap. Hey, amedaus, maybe it's time to start teaching boys how to sing again. Also, how much college loan debt did you son end up with? I told you to use some of your GORO profits to pay his tuition, but you wanted to let it ride.
amedaus/seniorbug, why are you so obsessed with my NFLX and TSLA short positions? Is it because it makes you feel better about losing your entire net worth in GORO? I told you not to concentrate your positions, but you told me that you like to do it. My portfolio is fine despite being dragged by NFLX and TSLA. The doubling, tripling, etc. down was done when more assets came into the fund. My returns are actually decent despite the updraft in the market. My investors respect that and they like having the hedged position that my portfolio represents. I even get referrals. For some crazy reason, there are plenty of high-net worth people and family offices that are worried about a downturn in the equity markets. They like the idea of a fund that is shorting the highest of high fliers. My biggest AUM jump can at the perfect time for many of these positions. Would you like to discuss them?
"" Here's my post on June 16th when the stock was at 3: ""
Ha ha ha. You really are a joke, amedaus/seniorbug. You never posted that on the GORO board. You must have put that on some other board. Again, in June, you were saying that it was time to load up on this.
This board is pure entertainment. I'm happy that you're still here to watch the stock that crushed your entire net worth dip even lower, amedaus.
"" Try reading a research report ""
Ha ha ha. Whose research report do you want me to read, amedaus? You are funny.
Yesterday, amedaus/seniorbug claimed:
"" I'm the one who predicted the 30% drop on GORO in the last few weeks ""
Yet, here's what he wrote on June 19, 2015:
"" I am beginning to think that it is time to load up on this little guy.The Reid family has been around for many many years in the gold mining business. They know their stuff. They became the victims of a crash in price in both gold and silver. They should come out smelling like a rose. ""
And again on June 19, 2015:
"" Ipdail69, it's time to be greedy when others are fearful. There's blood in the streets. Time to load up on this puppy. I see great things with the Reid's. Don't blame them for the drop in gold and silver prices. ""
amedaus, nobody is ever going to believe that you were predicting a 30% GORO price drop a few weeks ago. You were quite clearly saying that it was time to load up.
B U S T E D in yet another lie.
Great, amedaus/seniorbug, so we are both looking forward to reading engynear's next post about GORO's past. I hope you're also looking forward to engynear's detailed analysis of GORO's 10-Q
natasha: "" I think engynear's posts are fun to read! I know you HATE them. ""
amedaus / seniorbug: "" You could not be more wrong, Natasha ""
Great, so we are both looking forward to reading engynear's next post about GORO's past. I hope you're also looking forward to engynear's detailed analysis of GORO's 10-Q, when they finally release it.