what a board should be a forum not a boxing ring
Only a newcomer to this co would be impressed by this form-letter introduction
a few pages down, when the dreadful details are divulged, they'd realize how far off the mark the results achieved missed the mark!
Upon further investigation they'd conclude that these results are thr "RULE" not the EXCEPTION
that the Ginsburg tribe is ruthless & greedy & inept & UnRepentant!
We, the public shareholders are LOST with no reasonable way to exit due to the non-existant liquidity that CHESTNOV has achieved
Oddlotters got an exit door opened in 2008 to get $10.00 per share while roundlotters got the shaft!
not a good start to an imp week IMHO
52 week MoMo turning NEGATIVE again
but it's only 10:56
this week will determine of JLN's move this past qtr to new 26 month hi's was predictive.
I see our 2K seller overslept this morning!
was that a STINK offer?
are all the weak handssold out?
on Wed we'll see what our $498K/qtr we paid for onsiders GOT US!
no more dilly dallying to be allowed
earnings could prove the catalyst for the next directional move.
the past week hasn't provided any clues to the outcome.
the HUI/AU ratio remains in a mini downtrend
to reverse positions hoping to suck the spec quislings back in to SMACK again at a later date?
they must be cloning these stooges somewhere in China!
Will they ever learn?
Will the miners ever SOAR as they did in the 1980's?
the clown offering 2K shares @ $6.44 has got to be clueless!
only expectation of an earnings surprise or an external development could take them out!
IMHO, it will have to be a merger or transfer of control or Chestnov's departure
OOPS! I misspoke.. yesterday the commodity value of AU was $1281
Monday's was about the same. so the premium remains but much closer to parity
sorry, for those who care
and yet this corrupt family syphons off $4mil annually from salaries & compensation rather than taking out less & make the markets take care of the rest.
A 50% cut in compensation may deliver 100% increase in mkt value of all us shareholders assuming a p/e 15 vs the mkt;s 18 p/e
illiquid JLN,sitting on the sidelines of one of the most powerful advances in a generation, is CRIMINAL
& prison stripes would suit them just fine!
the only way the quislings can win is if/ when the Bovine One & her agents choose to get out of the way as they did from 1999-2011.
however the stakes are much higher now that the potential threat to US $$ hegemony looms ever larger. Should the need (crisis) arise to again back the $$$ or SDR's with AU, they'll be able to stave off a $$$ collapse.
AU serves @ their beckon call! the BRICS can't depose it by themselves
if the 57% control shifts to another person/group that is TRULY committed to unlocking JLN's potential.
and the time could be now!
after all even hardened criminals have been know to experience deathbed conversions!
actually, 2 year hi's
it won't happen without news!
Next week's 1st qtr report can't be counted on to resolve illiquidity issues.
an issue resulting from the Ginsburg Klan & their stooge chestnov
if " ZACK's 7/09/2014 STRONG BUY #1"
has as much value as its 90% bullish commentary has had for the equity mkt!
* p.s....GG's 40 day EMA was @ $26.31 yesterday not quite as firmly above as last week
the commodity underpinng is weakening & confirming the weakness!
Fri the Commodity value of AU was $1274
Yesterday it slumped to $1234
A new negative has entered the picture.
Check all the CRB Commodity Indecexes to see for yourself the damge inflicted on commodities since blowing through Mar's high which AU AU failed to do
avoiding a reversal week is no small feat
adding a 6th up week to this rally isn't something to sneeze at either
is it asking for too much to get a P&F bullish % breakout(44%) & a H&S breakout before a correction tempting the gods?
to do so might even tempt sold-out bulls to BUY_the_DIP as they do the S&P and deliver a 2nd leg up & over #300 (talk about gaps)
Yesterday's late entry bid for 1K shares @ $6.01 has caused the buyer to RAISE his buy level to $6.44 & bid to $6.07
who in their right mind would buy 1K shares @ this level with no hope of getting out?
History would confirm your reply but SOMEONE has been buying all the shares @ $5 over the past 15 months & they ain't in with no exit door available knowing full well that a mkt sell order for a few 100 shares can lop 30-50% off the mkt value of the co. .
all the shares traded @ $6.44 confirm the uselessness of the size & quote data the OTC.BS exchange provides. There are more for sale than the 100 they continue to show but Chestnov has earned the lowly position that JLN finds itself occupying
a position worthy of his contribution