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General Steel Holdings, Inc. Message Board

pere_joseph 4 posts  |  Last Activity: Feb 16, 2016 3:48 PM Member since: Jun 23, 2004
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  • As long as they can keep up with new promises and inventions, there will always be "followers", believers as you will, just as in religion. In the real world, Tesla is not going to make any profit distributable to shareholders. They can invent new accounting metrics, but in the end there is nothing for shareholders. When that reality sinks in, this stock will march lower, much lower. The emperor will have no cloth, only stories to tell. That is my take. So indeed I have certainly not a long position. Reality check.! Cheerio

  • pere_joseph pere_joseph Feb 16, 2016 6:54 AM Flag

    Haha the BOD did it again! They invest $45 Million in Shanghai for bumping. That is a typical "Chinese" transaction. They buy the site from fam and friends, overpay 3 times, no controls , just funneling money from Taiwan in their own pockets. And what are "shareholders" doing?, figuring out what it means for future profits, markets and esp how pps of 8150 will rise. Hahaha, Oh my dear, I hear the foul mouthing coming again. Don't shoot the messenger. How long are you going to take it all here? I just saw the pps and had to see what is happening. It is clear to me. Cheerio

  • pere_joseph by pere_joseph Feb 11, 2016 10:50 AM Flag

    When you follow this stock you'll immediately notice this is NOT normal trading. On big volume the quotes are jumping 30 to 40 cents at a time. That Is NOT normal. It is HFT. Very little small investors involved. It is what it is: Just a PLAY (ground for HFT's). Disgusting new normal.

  • Reply to

    will be at 50 by next qtr earnings

    by stockguru685 Feb 11, 2016 10:24 AM
    pere_joseph pere_joseph Feb 11, 2016 10:32 AM Flag

    well that is a bit too much wouldn't you think. But quite a bit lower would be logical. A lot of CAPEX, no dividends in the coming 5 years, growing competition. So I don't see the "value" here but I have no doubt in my mmd this company is being pushed by government. (via the investment banks and the Plunge Protection Team). In the end it comes down to a commercially good business model and that will disappear with the disappearing subsidies worldwide for Electric Cars. S0 who wouldn't like to spend USD 160 for a share in a company that just released dramatic bad results. But hey, it is not their own money they are spending (these investment banks). Printed free of charge by the FED. What a beautiful system. Wish I had such a printing machine in my home. Cheerio

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