you think this is brilliant? This is again a scam. This company runs from scam to scam. They know what they are doing and can benefit from it (or their families and friends, because this is how it works in China). The neutral investor is clueless and is just gambling. Hoping deals will come to fruiition, that accounts will be clean etc etc. Thast the SEC let this scam continue is a big questionmark for me. I parted and just check in so now and then. Nothing has changed. The CFO resigned for personal reasons. Forget it! never in China, loss of face. Never!! This smell like a 20 days old dead rat. Unless Teo was in there with a personal scam (also quite common in China). I wrote the guy twice but had not the decensy to reply. I have told them they are just cheap scammers, no interest in the shareholders. So you think it is brilliant. They should be suspended!
thank you. That explains the falling stockprice of gern. Do you have confidence in these companies or just speculation?
This morning I have some Asterios Bio in my portfolio and I do not have a clue where they are coming from. Spin off? from which company/? Embarassing!! After 30 years of active investing.
I agree that his language is not recommendable but as for his advice better to listen through his musings. There is a lot of truth in it. The Gold and Silver markets are rigged to the max and the curtain on that is slowly opening Until that time the guys who pull the on the ropes will try to maximize their profits. I have said many, many times: Do invest a certain part of your portfolio in Gold and Silver stocks/investments but do NOT use leveraged products. I learned my painful lesson in the take down of the market in 2009. Be careful out there.
there is some truth in your statements. Not as strong as you put them but in individual cases it has been like that. This has in my modest opinion nothing to do with this stock or its down pressure today. This looks more as an investment for sandstorm not working out as planned which reduces some income stream and more capital lay out. There you have it in combination with some bigger boys wanting to get out and there we go, south.
In the previous month's they prepped up the pps by announcing to may be selling small stakes in subsidiaries without any binding commitment. Now they come with a non binding offer of 9.8. Again they could flush their shares yesterday. All the buying was countered with heavy selling. This must have the attention of the SEC. Be careful longs. I hear somebody knocking on the door.
Sorry but this comment will arose some agression. You Americans are so full of yourself. As if the whole world is about the America's. Well let me tell you that the days of the America's are numbered. People do not accept to be bullied around anymore. All the lies , the hostilities! And all to defend the broken USD!! The world reserve currency. All leaders in the world that opposed the USD were killed. Obama is after Putin. Why? Because they formed the BRIC, they are abandonning the USD, they are saying:enough is enough Obama and friends. And SODA is selling their product in Europe and Asia and Africa. And these continents like it! And SODA will grow. It is ridiculous to be able to buy a world wide franchise for 1 x sales and 15 times net profit. Keep bashing the stock because the americans prefer to continue their massive obesity by drinking Mr Buffets Coca Cola. Go ahead. Shorten your lifes with your daily massive intake of sugars. SODA drinkers are eco friendly and live longer! Strong and supporting SODA!
And your point is? I regard you highly for your insight and well considered musings. But THE question remains will GTAT deliver the sapphire screens and at a profitable sequence , otherwise it is not favorable to GTAT. All other irons in the fire are still a bit too far away for now. If Apple does want to move quickly in the payment cycle per Phone, a very robust phone is required, esp the vulnerable screens :-).
That is basically correct. Before I enjoyed the ride up into the 20, sold half and unloaded another 40 % at 17 and kept 10 %. After the spike when DT issued their "no fraud" report I bought big, and in the 7 and in the 6 and sold at 5. So there you have it. Lost all my profits and then some. Ever wondered why NO single broker/bank is having a report/opinion on NQ except for this "in-house-outfit TORO?
But hey, maybe they are able to righten the ship and make the longs happy. I hope so. And I do dislike persons as Block who have the ability to destroy wealth and companies just by spreading rumours. The outfit that my friend is working for is of high reputation and will not get involved. So GLTA
GMCR was sold into the 17 from the 70 ties. Now at 125 and something. Do not predict same will happen to SODA but markets are illogical. So the price movement in itself says nothing. Actions and results will determine the future. For the moment the stock is wounded. Needs repair work. Could happen from within or with some help of a (new) friend. Something gotta give, isn't that so Mr Nicholson?
Just checking in for new developments with NQ. Nope, no clean audit but yes new deal. Seen that before. So, happy for the ones that got in at the 4 level. Not for me though. Only after clean bill of health I will consider new long position. Not that that matters to anybody of you, i know. Just saying.
Your comments make sense and I can read an educated man. Same story happened with NQ Mobile, being accused of cooking the books. In the end it was true but to what extend we will never know. The stock tanked. Suddenly the company is making a sharp reversal upwards. It looks certainly that companies like KNDI and NQ are being used as trading vehicles for insider trading (not official insiders, that would be too risky, but the people that get info to buy or sell outside the company). I have asked a Chinese friend of mine about NQ and he said a month ago that a prime investment bank stated they believed NQ to be fraud. So I took my loss and out. I do not want that to happen again with KNDI. So my question to you is; Are you close enough to the company to KNOW what is going on there or are you talking the line as KNDI is presented to the investment community? That is of course a beautiful growth story. I have sent out a request to my Chinese friend (should have done that earlier). As I get an answer I will post that. Cherio
Agree to your reasoning. Long GTAT. But why is Mr Market saying doubtful to no?
You are correct! But to what use is it to post that here . If your intention is to alert investors on a interesting story you could post it. But the story of KNDI is materially different from BBRY. I for one am invested in both. Took (à % of the table today in KNDI at 19,40. Will buy back again. Markets will come down. Invested the money in SODA; So hope that somebody appreciates that you started this tread. SODA is in now way a sure thing!!!
You are the same as Mosbear isn,t it. I have sold and took a loss, substantial. But I keep checking in to see/hear developments. You have been "babbling" a lot, trying to get credibility by saying you are an accountant, but up till now you have been dead wrong. Assuming this, assuming that but nothing of any importance . Just like that Betsy show up. Wishful thinkers. Of course I hope everybody makes some money in the stockmarket. But here at NQ it is nothing more than gambling, double or lose all. Your pick. But not to my taste. I think you should be very prudent at this stage of not letting your wishful thinking get other people wrong-footed. This is a dangerous situation, that I know for sure!
Have a quite sizable position long in Soda. Holding and adding. Not aggressively. Why is overall short position declining in this stock when the business developments are rather negative, as reported?
Never been "pumping" on "insider" knowledge. Do not put words or actions in my mouth that are not correct. I could not believe their was fraud after the DT report and communication by the company. Now I got word out of China and reported that immediately. So I took the message to heart and sold. Whatever other investors do is their personal judgement, right? I will continue to follow what will happen here from the side lines. That is my choice. Feel far more relaxed. Also personal.GLTA
That is correct. I thought to be able to deduct this info from the company. But I kept on feeling this doubt. Than I contacted a week ago a Chinese personal contact (I lived for 10 years in Hong Kong) and he went out on fact finding and the message I got back I posted immediately after I sold my total position. I feel this is fair to all loyal investors of NQ. The Red Flags are waving everywhere but one is easily wrong footed by posters like cigar ready who post "things to come" that are brilliant. But unfortunately it is not likely and I do not want to take the risk anymore. Simple as that. Look at Fab Universal, backed by Jim Rogers, but delisted and all shareholders are stuck. That I do not want with my invested money. So indeed I wrote that post and now I have written this post. Do whatever you think is the right thing to do. Now back to the match Brasil-Germany.