Fri, Jan 30, 2015, 8:16 PM EST - U.S. Markets closed

Recent

% | $
Quotes you view appear here for quick access.

Scott's Liquid Gold Inc. Message Board

smaycs4 278 posts  |  Last Activity: 10 hours ago Member since: Oct 14, 2011
SortNewest  |  Oldest  |  Highest Rated Expand all messages
  • PLEASE buy the stock !

    Nothing could make me happier.

  • smaycs4 smaycs4 Dec 11, 2014 9:34 AM Flag

    You are clueless

  • This chain may well be worth more in bankruptcy than it is alive in full because they could walk away from bad leases in bankruptcy.

    Absolute best case scenario would seem to be 50 cents.

    And another thing, when you change CFOs just before possibly bankruptcy its usually because the old guy doesn't want the bankruptcy on his watch.

    The idiot that paid up after hours is probably going to lose money here.

    I was looking at both this one and CACH at around $1 thinking that one of them might be a several bagger and the other went belly up. Looks like both may be going belly up.

    Any financing would be HIGHLY dilutive but still possible.

  • Reply to

    BLGO technology

    by gable828 Nov 27, 2014 8:40 AM
    smaycs4 smaycs4 Dec 10, 2014 11:27 PM Flag

    HLF is a scam company and they donate to UCLA. UCLA had to get on them regarding their representations.

    Vemma says their product was endorsed by the Phoenix Suns because Vemma paid to be the official energy drink. The Suns have said they don't endorse the product whatsoever.

    This company has had effectively zero revenue for over 12 years and heavy losses despite dozens of promising sounding press releases.

    The end result is that 99% of outsiders who buy this stock will lose money. Just like 99% who bought 5 years ago or 10 years ago have.

    Since you put so much faith in the university, why don't you get someone on the phone who actually has something to do with it and ask him what it really means ?

    Don't ask the company who to call, call the university. The company will point you to a paid tout who lies for money.

  • Reply to

    What was the market expecting ?

    by smaycs4 Dec 10, 2014 3:07 AM
    smaycs4 smaycs4 Dec 10, 2014 7:30 PM Flag

    he wants more here than a buyback at $10. Although that might add to the price the company is eventually sold at.

    A buyback isn't a priority here. Id rather them sell it at $12-13. Fixing it will take longer but they might sell it later on for $15-17.

  • Reply to

    Took 1/3 off the table today at $21.80

    by smaycs4 Nov 19, 2014 3:36 PM
    smaycs4 smaycs4 Dec 10, 2014 3:15 AM Flag

    I knew that $21.80 call would make me wrong. It went down, so why didn't I sell it all ?

    At the time, I really thought it was going higher.

    Have plenty of dry powder and everything Ive bought lately has just continued lots lower. (Excluding TUES)

    I might just sell out of my stocks over the next 5-10 years and give up this game.

    But rates are so darn low. Do I buy a 5 year CD at 2.25% ?

  • I didn't expect much here. You don't have a gangbuster quarter after your president quits...or is ousted.

    That said, we haven't seen any insider buying. (Gabelli is not an insider but that might change)
    (Filing like an insider does not make one an insider)

    I don't know how much lower it will go. Much depends on the market and last time, I sure didn't expect to buy at $3.06 but I did. I think.

    I stand by my prior comments. They either sell it or fix it and sell it for more. Either way, we win.

    I read something below where dan was talking about gabelli manipulating it. That's just a load of hogwash.
    A near 20% holder in plain daylight ? Sounds like the conspiracy thoughts of snot nosed kid.

    You never know what you might find on the bargain isle during tax loss selling. Picking the exact bottom is often impossible.

    Gabelli is not going to sit on his hands & let nothing happen here.

  • Reply to

    Liquidation

    by finanza Dec 2, 2014 10:38 AM
    smaycs4 smaycs4 Dec 9, 2014 5:41 PM Flag

    Im not clear but with the common expecting to payout cash in Jan and the preferred already paid off, I would think this has a reasonable likelihood of being paid early. Unless there is no financial benefit for doing so.

  • That's my highest price by far.

    I bought in 1/28/13 and missed the first reinvestment. Just got cash for that one.

  • smaycs4 smaycs4 Dec 4, 2014 1:35 PM Flag

    You really are clueless.

    I have no position.

  • smaycs4 smaycs4 Dec 4, 2014 2:43 AM Flag

    What makes you think the offer is for over a buck ?

    40 cents & keeping them from bankruptcy would be a win for a 22.5 cent stock with heavy losses & sales decreases.

  • smaycs4 smaycs4 Dec 3, 2014 2:19 PM Flag

    WRT would seem to have little or no upside.

    While the common could be worth $21 over time.

    So, that's 18% upside.

    Analyst Wilkes Graham's estimate of liquidation value is $21.03 per share, well north of the company's recent estimate of $18.35 (which itself has been raised significantly).
    The most critical asset to Graham's NAV calculation is 20 Times Square, Winthrop's (FUR +0.4%) $1B hotel/retail development. The longer Winthrop delays sale of its interests in assets, the greater the potential returns, says Graham, who also notes management - led by Michael Ashner who knows a few things about liquidations - could sell the company at any point, thus accelerating returns (the company's goal is to sell everything by August 2016).

  • Reply to

    Pretty bad for a company to have to pay Yahoo....

    by allsteel Nov 16, 2014 6:32 PM
    smaycs4 smaycs4 Dec 2, 2014 3:07 PM Flag

    12 Straight years of losses & 12 straight years of BS press releases is not enough for you ?

    You have to give any company at least 25 years to show significant revenue, right ?

    lol

    37 cents today.

    35.2 cents bid,36.4 cents offered. Tightest spread Ive noticed in some time.

  • I bought at $44.40, dividend reinvested, then bought 125% more at $40.51.

    But, when considering if I should sell some, I declined because its still got a good yield and my position is small relative to my assets. (3.2% of my IRA, none in my regular account)

    So while trading the stock might be something I will consider in the future, right now its just not a big enough position to do it with.

  • Continue to post that its overvalued.

    I will make fun of him when we break $20 again.

  • Where are all the pumpers now ?

    Price is below the most recent private placement shares of 40 cents. Of course 40 cents is really 35.6 cents net to the company after sales commissions.

    How many other companies pay commissioned sales people 11% to sell below market private placement shares ?

    Wait, I know, Sue the messenger. They're already trying that. It just makes me LOUDER.

  • I guess its no wonder we are down some.

    Of course, black Friday weekend by itself cant speak for the entire month/quarter.

  • The core technology, which comprises database management, communications systems integration, user interface design and integration, web design, and e-commerce solution capabilities, has practical applications that create business opportunities in multiple industries. For example, the same advanced compression technology that enables MedCast transmissions also enables us to offer hospitals an inexpensive storage solution to meet federal mandates for maintaining archival copies of diagnostic images. In addition to handling diagnostic imagery recorded through MedCast, our data storage service is designed to provide secure, off-site back up of a myriad of other medical records.

    The Company intends to offer these applications and service capabilities to other companies on a contract basis. In addition to sports medicine and broader medical applications, there are numerous other potential vertical markets for the core technology. Some examples include:

    1. Department of Defense
    2. Human Resources
    3. Employers with High Physical Wellness Requirements (examples)
    a. Law Enforcement
    b. Emergency Personnel
    c. Public Transportation Services
    4. Health/Life Insurance Underwriting

  • ULTRASOUND AND MED WIRELESS RELATED ASSETS

    Included in the license from Med Wireless, Inc. were relationships developed by Med Wireless for the distribution of ultrasound machines used primarily by obstetricians. The Company developed a sale and leaseback program and made a public announcement by press release on January 7, 2003, that it received over $7 million in orders that were contingent on obtaining financing for the equipment. The sale and leaseback program was designed to provide inventory financing for the Company. Under this plan, the Company would sell ultrasound machines to third parties who would then in turn lease back the equipment to the Company. The Company then would rent the machines to medical providers at a premium to its cost. The $7 million in orders were comprised of 33 separate orders by third parties for machines at a cost of $224,178 per machine. However, as disclosed in the press release, financing was necessary to complete the sales. The Company also indicated that with financing in place it expected to be able to generate more than $20 million in sales during the first quarter of 2003. This expectation was based on the speed in which we obtained the orders and management's discussions with finance brokers regarding the Company's ability to obtain financing for these orders. Since that announcement the Company spent considerable effort to obtain financing for these orders, including the retention of multiple finance brokers. However, despite these best efforts, the Company has yet to obtain financing for this equipment. The principal reason these orders have not been financed successfully is the Company's lack of credit worthiness. However, the business opportunity related to the ultrasound lease program remains viable and management intends to continue to review financing options and business opportunities related to the ultrasound business when the Company has sufficient credit resources to qualify as a borrower as well as evaluate its practical execution in light of all other business developments in the Company at the time it is financially feasible.

  • smaycs4 by smaycs4 Nov 28, 2014 7:12 PM Flag

    The Company also intends to acquire companies to take advantage of economies of scale and vertical market opportunities as well as pursue similar business opportunities like NuWay Sports.

SLGD
0.90-0.01(-1.10%)Jan 30 1:46 PMEST

Trending Tickers

i
Trending Tickers features significant U.S. stocks showing the most dramatic increase in user interest in Yahoo Finance in the previous hour over historic norms. The list is limited to those equities which trade at least 100,000 shares on an average day and have a market cap of more than $300 million.