David,
Why didn't you ever answer my question in post #641?
Why would you sell stock at the $1-4 dollar range when you knew this 'patented' engine was going to revolutionize the world?
And Why do insiders continue to sell?
All:
This is such a farce it is hilarious. There is not one shred of legitimacy to any part of this stock. Under every rock is a problem and an excuse from David and Greg why it is ok.
This is textbook Bulletin Board Pump and Dump scam. First, use a bb stock because the reporting requirements are very lax. Second, have a product that will 'revolutionize' some industry (much easier to sell the stock this way). Third, find a 'pro' who will accept shares for using his name or that actually believes the story. This helps bring legitimacy to some potential investors. In this case it is Carol Shelby. (Keep in mind, I am not saying he is in on the scam, but is being used as a pawn.) Fourth, keep the big contract/testing/demo just around the corner. This draws out the inevitable end of the story. Five, insiders dump their shares and make a fortune. Six, blame the failure on someone else. In AENG's case, I bet it ends up being the engine industry that doesn't want to change because the oil companies are greasing their pockets so they can keep selling their oil and gasoline. Lastly, don't forget the heavy doses of hype in every step.
Let's review AENG's situation.
1. They supposedly have invented the perfect engine. It has solved/addressed/improved every problem with current engines. That in itself makes me laugh, let alone all the other 'issues'.
2. Bulletin Board Stock (Do I really even need to say more?)
3. No US patent number.
4. Claim to hide patent because of copy cats, but publish drawing in Detroit newspaper.
5. Won't go to big 3, want to wait for them to come to AENG. LOL
6. Only have demos, not independent testing.
7. Association with David Travis.
8. Insiders selling.
9. Invented by same guy who invented 'trees that grows while you watch'
10. Demo'd by Australian driving around US in an RV. LOL
11. More effort by company/market maker to hype stock than the actual product of the company.
12. The market maker participates on this thread. double LOL
13. Longs can't refute the shorts claims, instead they call them names. (The post this is addressed to is a perfect example.)
Sure some investors did well (read: got lucky) and rode it from single digits to teens and higher, but many more are going to hurt riding this one to zero.
Again, I am not long or short. I am not some big investor, I am a small potato in Dallas who is having a blast watching this story unfold.
This of course is all just my opinion,
Brent
PS Let the flames and name calling begin. |
