More on phoney 'analysis a la Brubaker':
Larry, it is exceedingly hard to believe that you
had any motive but to deceive the naive when you
'analyzed' Valence's '2001 earnings' but forget
completely about the second Valence factory which
is also now on-line at Valence Hanil, which has it's
ability to raise capital and continue to expand.
And when I remind you of this fact, instead of responding
you claim I make nothing but 'ad hominem' arguments.
Sorry if I'm wrong, Larry but "who is Larry Brubaker
and what does he know" are questions I have to urge
the thread to consider.
Larry, you know Valence owns 1/2 of that venture.
You predict $250M revenue for Valence from NI in 2001,
but you predict 0 revenue from Hanil? How can a
sophisticated investor such as yourself make a stupid
mistake like that? You've spent hours and hours
posting msg after msg here and you don't know Valence
has a 50% interest in Hanil Valence?
Your 15 minutes of fame are over.
Actually your credibility here lasted 12 months because
you knew what CC was doing here. That was the one
expertise you brought to the thread. Not because
you have a deep understanding of other aspects of
corporate finance (your completely inappropriate
'analysis' of Valences margins based on ROV prove
just how shallow your understanding is), but simply
because you have observed them in action. You may
even be working for them, who knows, and who cares?
Yes, we suffered for our naivite. Yes, you knew
better than we did. But in the last 2 months
while you have continued to warn how dangerous
CC was, the longs understood their actions far
better than you did - well enough to profit big
time by getting in at the bottom.
Castle Creek just proved that they do not have
any inside connection to understand the status of
the companies business. They sold thousands of shares
at prices below 5, just weeks before the second
commercial order after Alliant was finalized.
They still seem intent on capping the price and
selling shares against their 6.75 warrents for a
measly buck, buck and a half. This just as the
company is in the process of working with 50 OEMs
and working out additional customer contracts.
We are rapidly burning thru this artifically produced
overhead. Volume is our friend.
They have made their money thru market manipulation
on the short side. They never had any understanding
of the business. They didn't care. It had absolutely
nothing to do with their plans. In fact, it proved
quite inconvenient to them when Valence did announce
an order! They were planning to capitalize on continuing
delays. They don't know or care about the upside potential.
They neither know nor care how many additional orders the
company will finalize before the end of the year.
Case in point ANCR - this is another great company the
bandits tried to screw into oblivion. I don't really
know anything about it but the chart and mention by Larry:
52 week low $2.22, now $58 down from $73. I'm sure the
bandits did not stick around to make money on the long side.
Like Larry they did know or care anything about the actual
value of the technology or of the company. They are traders
raiders actually, no more no less.
I don't know what Larry's game with Valence is, but
apparently he is trying to extrapolate the success he
first had in guessing better than the longs the outcome
of CC's games. Funny thing is, we ended up beating him
at his own game and making very good money in the
process. At 4.5 he said 'look out below'. We said 'look
out above'.
Now he is trying to convince you he knows something about
how to determine profit margins, how value a stock, etc.
He doesn't. Or if he does but he surely is lying about why
he stays here. Is to bask in the glow of "Brubaker knows
more than they do" or is he being paid to disseminate
dissinformation to the retail investors?
In either case, his 15 minutes of fame here are over.
Bye-Bye Brubaker. Your credibility is rapidly dwindling
down to nothing. You're next for the ignore list if you
don't come clean. |
