His favorite company (a real company) down 5% again today, and yet he only had time to post one negative comment here as a result…. but that's only because he posted 34 times in the last 2 1/2 hours on the Nuverra board trying to pump that pig up. How sad.
Hey Mako…you cut and paste queen. Be sure to stop in after the first oil and gas contract rolls in and proclaim it a bald faced lie just like you did Nassau. It won't be long now.
I see Nuverra was down a little more today…No doubt they miss their earnings estimates again for what will it be?…seven straight qtrs? What will be their excuse this time? Oh yeah….the weather. Its worked seven times previous, so why change the story. Next quarter will be better so hang in there. Maybe they can sell another botched acquisition for half of what they paid for it. Funny how Abtech will receive their first recycling award before Nuverra. Don't they call themselves leaders of the Industry too. Leaders at missing guidance. At least THEY'RE consistent. Don't worry…there's bound to be another short squeeze in that stock any day now. LMAO
In closing, one has to ask oneself. If Mako according to himself can spot a scam from "a mile away" and has "all the right info" about Abtech…why are his secret super powers ineffective in regards to Nuverra? Are Nuverra's 10k-s coated with cryptonite? Hidden with some cloaking device? Could it be that he's the idiot? The delusional "pumptard" so to speak?
I think so. I have a minimal knowledge of psychology, but I think Mako lashes out over here as a result of all his insecurities "over there". In some sick way, if he thinks he can "expose" this "scam" here, then perhaps he won't notice how badly he's been duped there.
He also is famous for doing this…responding to his own posts. He likes to go on and on about all the perceived mismanagement and false statements the company has put out, while twisting facts and sometimes just making them up when its convenient for him. Sometimes, he replies to himself using another alias. Telling himself what a great job he's doing, and how he has "all the right info" LOL…"all the right info" Its like a bad script to a cheesy cop drama tv show.
What I find incredible though, is that if he has the ability to spot scams "from a mile away" What the heck is he doing remaining invested with Nuverra? Check it for yourself. He's the guy who for the past year and a half keeps proclaiming a short squeeze is taking place in the stock. Nuverra could drop .50 the previous day only to go up .10 the next intraday and he'll claim a short squeeze taking place!!! I can't make this stuff up. Nuverra is down 100% since last May but incredibly there has been a daily short squeeze going on over there by his account the entire time. Naturally, he doesn't post as Mako, he uses yet another alias. Someone figured it out and began posting on Nuverra's board using a variation of Mako's name and boy did that ruffle his feathers. No one knew him as Mako there…but he sure knew. Thats when he had his "enlightening revelation" and essentially apologized for his behavior here on this board using two of his aliases to do so.
Well, Nuverra is tanking again, and whoever was posting over there using a variation of his Mako alias has stopped doing that. So naturally, he's feeling brave again and has come back in typical form over here. Apparently a shadow cast over his earlier enlightenment. Perhaps he'll present stupid questions again, like he did on his Feb 11 topic titled "Lab Report" where he asked if there had been a clinical study on the Smart Sponge. Something reserved for pharmaceutical companies when testing new drugs. What a dork!!
Yet, he's the one who calls US idiots.
For over a year mako has been bashing this company and management, while comparing it to other "real" companies…specifically Nuverra Environmental Services.
Well Nuverra dropped over 5% and slipped below $20/share yesterday (again), which is 10 for 1 reverse split adjusted. Which in my opinion explains his recent attacks here on this board. Yeah, things aren't looking good. What's worse is Nuverra hasn't hit an earnings estimate in over 6 qtrs. By the way… by my estimates Mako bought in at over $40/share…eeewwww P U
Things should be looking up though for him and his beautiful stock pick you'd think huh? Unfortunately no. Analysts have estimated Nuverra to lose -.44c/share this qtr. which is down almost 100% from their estimate of a loss of -28c/share just 90 days ago. Wow!!! In fact here's a breakdown of how well they have predicted earnings estimates for the past four qtrs. versus actual results.
For March 13 they predicted a loss of -.13 but in actuality lost -.50/share for a downside earnings surprise of -284.60%. In June 13 they predicted a loss of -.31 but again lost -.50/share for a downward surprise of -61.3% in Sept. 13 they predicted a loss of -.20 but get this…they lost in actuality -7.80 per share for an earnings surprise of -3800.00% (not a misprint) Good Lord!!! However, in Dec. 13 Nuverra pulled it together and only missed their estimate by 6 cents to the downside for an earnings surprise of -12.8%
Now for those of you that don't know, here is some background on Mako that he was kind enough to provide for us over the past year and a half. He is an ex Federal Prosecuter. He spent years exposing scams like Abtech while on the job and according to him explains why "the instincts are still there" for him to continue to do so. Yes, he also states that he can spot scams like this from "a mile away" and claimed that the only reason he came to this board to begin with was to show his brother-in-law how scams like this work. What a guy!
Kozzman…that above post screams makonako in tone and text. Merely inferring and planting seeds of doubt without facts. When he doesn't respond by answering your specific question…and believe me he won't, that will be the proof in the pudding. The guy is a bashing tool with an ax to grind…nothing more.
That storm water stuff is fine but whats needed are the oil and gas contracts. The bulk of the question and answer session was based on this. I think they feel pretty confident about getting a deal done in the next 60 days, but if not back to square one. If a deal is struck then we will see just how much of a need/market there is for produced water recycling. How quickly can they build new units and get them online will be the next question. If they can land some of this higher margin business it will complement and keep afloat the lower margin design build operate model. The DBO's will benefit down the road as a recurring revenue stream as the media needs to be replaced. I hope future DBO's will be on a more streamlined timeframe from award to completion, and I think future DBO awards may be based heavily on getting Nassau completed and operating as a working example.
I will add however that seeing RFK Jr proactively front and center advocating for the company solidifies my belief of his faith in the product/company than just lending his name and seat to an advisory board that until now we could only trust they were helping along.
It serves two purposes, the first being designed to keep the company in public view while attracting new investors and potential clients, secondly, to keep the company in public view while distracting current investors that the new business promised every conference call for numerous quarters, still has not closed.
While I remain long, and believe they are working hard to close these deals, their targeted markets and specific opportunities are operating on a different timetable and level of urgency.
It will be another 5-6 weeks before they break ground on Nassau.
Will come BEFORE the market opens on the 31st. Abtech in the past has released earnings after the market close as I remember. Read into that what you will. I don't think mgmt. would set itself up to get hammered all day long before the conference call at 4:30
Someone still supporting the stock at .53
Late buying has kept Abtech above .50 everyday this week. Today it languished between .46 - .48 until a 40k purchase pushed it to .53 fifteen minutes before market close. Someone is keeping it up.
I don't doubt that progress is being made behind the scenes, but I was disappointed to learn that the oil and gas testing had not gotten underway yet. Same for the UK stuff as it appears.
I had been hoping they would announce a contract prior to the Roth but it doesn't appear so. If only to have something of substance to talk about other than the Nassau project. Its a little disappointing to have heard nothing about any of the potential opportunities they have been touting for the last six months to a year. Perhaps during the Roth or in the days afterward we will see tangible results of their efforts in the form of new business. As we have learned, letters of intent and board appointments have little and no lasting effect on share value.
I suspect we will have to wait until earnings for any true measure of performance.
They have not yet been announced. I'm betting announced date to be done this week with earnings taking place at the end of the month, which is similar to how they did it last year.
Does it explain the change of heart some "folks" on this board had after the big price drop on 2-10? The bashing has almost disappeared.
Was a company that retained someone's services able to buy in big due to this possible drop brought on by a perpetually systematic bashing? Many asked at the time who was buying in after the big drop.
Who knows…but it does paint a similar portrait.
An Intermediate-level basher (also known as a Serpent) would try to weasel their way into the confidence of longs and create doubt using rumor or innuendo.
Finally, a Beginner-level basher (also known as a Pitchfork) would attempt to create confusion in the room by
distracting other posters with satire, name calling and pointless arguments. The idea was to make sure no serious discussion of the stock could take place. A Pitchfork was usually a basher, but not always.
I was a Serpent basher, because I am known for effective bashing based on solid facts and truth. I was paid a base wage of $18 an hour for my services. I was given a $1.25 bonus for every decent quality post over 100 per day as well as a monthly bonus of $100 for every penny the stock had dropped from the previous month. I was also paid a bonus for bashing on weekends. While this may not sound like much, I made a decent, though dishonorable, paycheck plus a nice Laptop with free wireless internet connection. Now you know why I bash all the time.
I’ve worked on OSTK, OVTI, DNDN, CRWN for a few months now. In addition to the tonybalokey alias, I’ve used a few others on several other boards as well. I’ve used so many aliases that I can not remember the monikers or the passwords. I honestly lost track of everything. I stuck with tonybalokey because it was the one that got the most play from you guys. Confessions Of A Paid Basher
In closing, I feel absolutely terrible about this. It’s just awful how I’ve been part of a scam designed to cheat honest, hard-working people out of their investments all for the
benefit of a few wealthy people who already have enough money to last a lifetime.
These greedy people MUST be stopped. That’s why I’m posting this before I leave.
I hope this confession can make up for my sordid deeds; I would urge everyone who reads this to inform as many people as you can. Only by shining the light of truth can we drive rats out.