OK, I've been really looking hard at this opportunity and I think I've gotten few things figured out.
In the first place I've just finished reading every post on this thread, I've looked at the web site that was put together for one stop DDing, (thanks, it helped) and I've read around 200 RB posts. I've read all the news and the 8 pager, now I think I have a feel for what the CEO may have up his sleeve. This is just a hunch. By the way, I got in at 7/32, 2 days in a row, and I've all ready made close to 25%.
OK, as a CEO you have this huge opportunity, You've got your toll free numbers in place, you have shipping and wharehousing in place, you have all the bugs in politics figured out, you have buildings, staff, and most importantly, exclusive rights for 10 years. Satellite dishes are illegal, cool, this limits competition. This guy has figured out and has over come all the obstacles needed thus far, except that perhaps a few months ago he might have gotten a little short on cash, so he goes public. He sells around 10 million shares for around 8 bucks apiece, netting a cool 80 million for additional start up costs. He's got a contract signed (i think) with the largest TV shopping folks in the USA, and has even tested the sales in China. He is broadcasting on his networks as I type. So why hasn't there been more news?
There hasn't been any! He's already announced the deal to be signed or finalized or what ever that's going to happen in the near future (if it hasn't happened already), so there isn't any more news.
He must want the stock to go down. This guy has it so together, he knows what he's got, and now wants all his friends to be able to get in. He did the IPO, and probably knew that if he didn't say anything that the price would eventually crash, as the vast majority of IPOs do. He probably didn't even need the cash. Keep in mind he sold only 20% of the company. Also, the company hasn't gone down in value, only the demand for its stock. Once things start to move, everyone will be on this one like a hound dog on a pork chop. Folks are just waiting for the last minute, as there have just been far too many scams in the stock arena over recent years, right?
Now, all his friends can get in or have gotten in. Maybe even a few company employees might be buying up some of the stock. He can't be accused of manipulating the stock because he isn't! not his fault there hasn't been much to hear, besides, we have all been told when things will happen, right? I'm just sure he understands that unless you tell shareholders around 3 times a week about things that they get all worried and panic sets in. What ever. All I know is that this has created a huge upside potential for me, and I'm very thankful to the person that made the post about this company on one of the threads in which i subscribe, but not nearly as thankful for the man that did the work to put this company together.
This CEO is very smart.
China, a billion folks, starved for North American goods. No place to get them easily until now, and only one company has permission to do so for the next 5 or 10 years. Now I own a little piece of that company.
Feals kinda good.
Russ |
