...I told you so!!
To those who are decent people and lost money -- you have my sympathy.
To those trash-talking clueless pumpers who insulted me with obscenities --
CRAM IT WHERE THE SUN DON'T SHINE!!!!!!!!!!!!!
Such clueless stupidity!! There are many more categories of sellers but I won't bother elaborating to such a complete moron.
BTW -- Try learning to use proper phraseology!! LOL
You're living in a DREAMWORLD, pal !! Going private for $5 a share?? If you're serious, you have NO business buying stocks!! ANV is toast but some shareholders just don't know it yet!! LOL
d,chavo: Let me clue you in. This message board is for ANYBODY to post who has an opinion and my opinions are based on objective analysis and DD. If you don't like it there's an easy solution -- place me on "ignore". And SHUT UP already!!
Interesting activity in the GLUU $6 May-15 calls -- prior to today open interest was only 140 contracts yet 3770 calls have already traded today as high as 28 cents. These are all new calls. Somebody is extremely bullish on GLUU with only 23 days left in the calls. But why? Good earnings, short squeeze or maybe news?? Who knows.
dudeof420: Now we know that "workhard" has exposed himself as a snot-nosed hate-filled millennial pounding on a keyboard in his parent's basement!! Of course, his mommy loaned him lunch money to buy those 100 shares of GLUU!! LOL!!!!!!!!!!!!!!!!!!!
dude: You need to understand that "Palawan MORON" is a long term serial pumper of GLUU and PXLW. However, this idiot only comes out of the woodwork near the rally tops and then scurries back into his hole when they tank. Based on his posting history, he's not only a true clueless wonder but possibly even a "paid pumper" (if you believe in such a thing)!! LOL
Are we having fun yet, bagholders?
As a reminder, since Feb 17, ZNGA is now UP 27% and GLUU is DOWN 8%!!
So, who's laughing now?? LOL
Why are you MORONS replying to a SPAM advertisement for a pump & dump website?? Geeeshshhhh. The STUPIDITY never ends on this board!! LOL
Many posters seem to firmly believe that the CEO can somehow prevent bankruptcy. Let me clue you in, folks. If ANV misses a single bond interest payment, the company can be FORCED into INVOLUNTARY bankruptcy. That's not my opinion but a FACT!! In that case, the only thing that could save the company would be if ALL the bondholders are willing to restructure the debt or provide additional funding. It's starting to get really getting interesting!!
Many longs and speculators seem to believe that since the CEO and other insiders hold big chunks of stock the company is almost immune to bankruptcy. Heck, I used to half-heartedly believe that too. But let me digress and tell you a true story...
Back in 1996, Marvel Entertainment was tanking but I bought some stock when I noticed a big insider, Ronald Perelman, was buying shares. Big mistake. In December, Marvel filed for Chapter 11. However, in the ensuing court fight Perelman made $200-$400 million because, along with Carl Icahn, he owned a huge position in the bonds. In fact, there was more "gold" in holding the bonds than in the equity! In the aftermath, the bondholders made a fortune and the shareholders were wiped out!!
So what does this all mean? Nobody knows who currently owns the ANV bonds and who might be buying them up cheap with a goal of taking control. Things aren't always what they seem to the public shareholders. Just a word to the wise.
sixman: I can't buy stocks like FB, NFLX, AMZN or TSLA. It's just not in my DNA. My view is that the only reason these stocks are such high flyers now is because in the current stagnant economy true revenue growth is like crack to money managers. Most companies today make earnings targets through financial engineering (cost cutting, layoffs and buying back stock). Therefore, in recent years investors have been chasing true "growth" stories up to insane but unsustainable levels. A day of reckoning is coming. IMO
Let me digress. I began investing in 1982 with lingering high inflation and many stocks with single digit PEs. Over the years, I've normally maintained a core portfolio of conservative stocks and traded speculative positions. However, the current bull market is very long in the tooth and living on borrowed time due to the artificial zero interest rates. Many stocks are extremely overvalued. As such, I've sold all my long term stocks over the last year or so. All I'm holding now are speculative positions, "story" stocks and have begun slowly nibbling on beaten down stocks for the next cycle (think energy and GDX). My primary goal is to avoid losses during the next downturn. Hence, I like portfolio "insurance" playing the UVXY. During downdrafts like last October (when it popped from 22 to 56 in one month), playing the VIX will actually more than make up for any losses in your longs. The key is to avoid holding UVXY for long periods during dull markets as it will waste away.
Anyway, I took a look at MIFI. Looks like you have a nice winner! However, I can't buy a stock once it's tripled in less than a year. I prefer to find them in the initial phase of taking off. Good luck with it!!
sixman: Feel free to post your comments as I appreciate any input based on sound analysis and DD.
I prefer to buy technology stocks but most of them have had a huge run and I now believe the market is setup for a long overdue "correction" of 10%-20%. Lately I've had a more difficult time finding good stocks with decent upside potential. In fact, right now I'm holding the most cash in several years and currently buying the VIX through UVXY ($17.00-$17.50). Due to the extreme volatility, I don't advise that trade for the faint of heart.
The oil & gas stocks will be a great place to play once crude oil has finally bottomed but that's likely still months away. Seems to me the stock market is in "no man's land" right now. Best of luck!
Get real, folks!! Those who still believe there will be anything left for shareholders after bankruptcy are clueless fools living in a dreamworld!! If bagholders had done some real analysis and DD, they wouldn't still be owning this dog.
The reality -- ANV will trade for pennies up until the court releases the company from Chapter 11, at which time the common shares will be CANCELED!! That's reality!!
Cunningham: Of course these $6 May calls could be a hedge for shorts worried about an earnings beat. We just don't know. Keep in mind, these out-of-the-money calls only have such a high premium due to the fast pop in GLUU shares. If the stock fades, the premium will quickly evaporate.
workhard: A stopped clock is right twice a day. Enjoy your brief 15 minutes of fame, Awhole!! LOL
sixman: Looks like you've done well with PANW and VDSI, depending on when you bought them. However, I just can't buy stocks after a huge run. I try to buy low and sell high. Buying high to sell still higher on momentum can be lucrative but it can also be brutal when the tide turns. I'm not good at it. Good luck to you!
Well, then WHY pump GLUU when it's up if you don't know WHY it's up or even if it's staying up?? Inquiring minds want to know what makes a pumper tick. LOL