613, annual meetings.
A few years ago, I remember not only going to the IDT annual meeting but arranging to meet quite a few of the folks who posted here, on Yahoo and/or Raging Bull.
Those were the days. Lots of excited people. A great selling job by HJ of what the future looked like.
For some reason, I no longer feel interested in going. Anyone go last year? Anyone plan on going this year?
I went to the REFR annual meeting last Thursday and it was better than that. As 613 mentions, they made firm commitments based on what their licensees had promised them and then took the most conservative evaluation and only said what would happen if things were late and half the companies were lying! LOL!
We talk a lot here about margins for IDT and NTOP. They are very important and these companies seem not to be aware of that. Frankly, their management is hard to approach and I no longer bother. At REFR, I feel like part of the team and I own between 1% and 5% of the company, so maybe I am. LOL! The concept of margin literally makes no sense. Their costs are relatively fixed and their earnings will be based on royalties from other companies who put up all the capital and workers.
The most amazing part is out nemesis, who has been shorting heavily, identified himself as Manuel Asensio. It is amazing that this is a SELLING POINT in getting people to BUY. Everyone wants to screw the Ass,man.
I disagree with 613 and it is not a one horse company. I can name dozens of horses and someday, may get new ones based on patents my name will be on! LOL!
Permit me to come back to the local topic. My goal is not to make anyone here buy or sell. Plenty of you guys have joined me. Even imitators follow me. Hawaii is aware one of his more toxic Yahoo imitators is there and posting with a signature consisting of his real email address. I consider that to be an unfair tactic. I want to notify Hacky that his imitator has also joined to annoy us.
Since I am fairly certain these imitators are shorts and possibly working with Asensio or brought in by his laughable toilet Papers that contain nothing damning and make HIM look foolish, I open a question.
Do you guys think IDt and NTOP had serious organized shorts going in and out of the stocks at the same times as some of these posters appear. We had a plague of tarots at one time, for example? Are any of these people in the stock now? Anyone follow the monthly short interest?
Right now, IDT may be being hit by the philanthropic Jonas foundation who seems to be selling (or has sold?) a few hundred thousand shares. Are these common or B shares? Are they part of what has been driving the price back after all that wasted news and this idiotic split?
I suggest that anyone who wants to talk REFR, except in passing, join me in private or on the REFR board.
hawaii60@aol.com
(Just kidding! bink@ragingbull.com) |
