8 days a week is not enuf to show I care...
Although you have the regard of other newbies on the thread like Barbara who may still be looking for shares to short, or Sword or Bidder etc. my impression is that you are looking for some confirmation of your kneejerk short based on Asensio's call a week ago Tuesday.
We both missed the same opportunity, you to buy (cover) below six and myself to increase my position 30% below previous sales. I don't understand why you didn't just do it. Think of the savvy ones who made 50% on the 4th just on the long side: in at 6+ and out at 9+. Ahh 20:20 hindsight.
Anyway, if you want to truly add something of value...get hold of John Singleton or someone close to him and find out why such a respected financial guy lasted such a short time.
Don't quite understand why marketing underperformance by Granatelli, Grand, or a German outfit means that the company was touting itself. And TIRC. I saw nothing there looking like tout or hype. C'mon guy, you can do better.
Noone with any understanding of the market would claim that the company is worth .75 and if you spoke with Herb Greenberg I believe you would find that he is aware that share prices reflect expectations of the future not solely the evaluation of historicals.
Have you seen the video? do you understand the technology?
What search engine brought you that obscure comment about DeLoreans? Did you listen to the online interview with Halimi?
All things in good time. IMO the preponderance of the evidence has a lot less to do with the company's inception 5 years ago, or who might have been on the board then, than with who has come to the company recently: Ware, Hofbrauer, etc.
What irks me is how the hyenas charge in after a bear attack to see if there's any blood yet to be drawn. No dialogue, just innuendo like anything Russian is mafia-tainted blahblahblah...
Hey, Wendell Anderson, former Minnesota governer is on the board. I think you oughta check him out.
Many who have been here a lot longer than you have had problems with Mr. Noweck's involvement in company financing. IMO, it's cause for caution, not for wholesale unsubstantiated allegations that the company is a complete fraud.
John, do us a favor while you pour over all the company annual reports. Find out just where all of the outstanding shares came from: how many were issued for the Pacific Baja purchase, how many from option exercises, how many from last year's 10 million dollar financing through preference shares.
While you are at it check out the joint development agreement with Saab for the year 2000 production. Did it get cancelled like the Granatelli (Grand Tech) agreement? I think not.
OK good luck. hope you don't get caught with your shorts down:)
Mike |
