I have personal experience with the baloney going on. I have a close relative who some sleazy attorney is using to make a case that the husband and wife both suffered monetary losses due to the BP oil spill. Let's see, they live about 500 miles from there. One is a nurse and the other an automobile service writer. So the case is that both of them suffered because both of the places they worked lost business because of the oil spill! Can you imagine how many such claims are being made when you hear of one such thing? BP is doing right by fighting this sleaze but unfortunately these cases will at least head to some kind of resolution tying up money and people and making sleazy lawyers a fortune. BP should pay for the businesses and people actually suffered but as they are saying, there is a huge bunch of hangers on taking advantage of this disaster. Well, welcome to American these days, the land of the get rich quick lawsuit.
Apparently it mainly depends on who the Seeking Alpha writer for tomorrow is and whether he believes in Camtek of not. They definitely aren't consistent whatsoever.
Seeking Alpha can't seem to make up their minds. Sounds to me like a bunch of guys who write something and then they publish, nothing consistent whatsoever. One day the guy writing is all excited about Camtek and the next day they get a guy who hates it. They've done this for four days in a row now. They need to have a reviewer read the articles and come up with a consistent message, not whatever way the wind is blowing that particular day.
I am fundamentally in agreement. Here are a couple of things to consider. First off due to how Camtek has done over the past few years I think a valuation based on where other 3D printer companies are is not going to happen. Or at least not until they have the product out there proving itself and returning a good profit. I do think the company does have a solid track record but it is hardly exemplary. This product could greatly improve the companies base and revenues. Will it be given similar valuations prior to proof, that is iffy. It has already more than doubled in the past week. Then of course those investors who jump on to dump as soon as they see the aura wearing off drove it down. What I did like today was to see it hold and then go up a bit. I think that indicates the buyers now are more stable, not the pump and dump types. This should bode well going forward. I have a fair amount of shares, some held for a number of years and some just purchased, and am now truly hopeful for the company's future. I won't be selling my shares as I think the next year or two are going to be quite fruitful.
Yes, what the #$%$ does that mean? Do they pay off share holders at a pittance of what they invested? What happens now? What a pathetic piece of #$%$. Do we still own anything or is this the Chinese version of bankruptcy. I have been screwed by Chinese companies before but this is the worse.
What the two people are doing is reprehensible but they are being enabled by sleaze ball lawyers who absolutely know that the claim would be totally fraudulent. On a trip a year ago back from Texas to Florida there was a road side billboard basically advertising the same thing. Do you think you have any kind of claim against BP, then visit our law offices and we'll sue for you (and for our law offices coffers).
I am a modest BP share holder. All along I have been quite satisfied that BP should reimburse EVERYONE who was hurt by this ecological disaster caused mainly by neglect. However, I just had an experience very close to home that definitely shows what is going on here. Two people very close to me are now part of a lawsuit to fraudulently make damage claims against BP. They live in the Tampa Bay area far from the spill. They both have jobs that have nothing to do with the oil spill. One works in the local auto industry and the other in medical. Both are claiming, with an obviously sleaze bag lawyer, that they were financially impacted by the oil spill by a loss of business! That is totally absurd and this oil spill had no effect on them whatsoever. It is no wonder BP took this to court. This is one small case in a torrent of lawsuits by trail lawyers looking to fill their pockets.