When all else fails, insult?
For you, it is: Insult before all else fails.
You and many others on this thread have demonstrated zero tolerance for any information that is counter to the view to which you subscribe. Anything counter is whitewashed as a lie, hype, manipulation, or the product of some other nefarious motive and followed by a personal attack. I challenge you to go back and count how many times I cast the first stone as opposed to fighting fire with fire. You insult then complain when an insult comes right back. Hypocrisy!
When I first posted on the evening of the day the 10K was published on 6/29, the night before the CC, I was long a relatively small position (relative to the allegedly large positions alluded to by several of the more blustery VLNC promoters here). There was absolutely no motive to drive the price down. Indeed, I believe these threads have no market moving impact (though I do believe small investors are led to invest w/o understanding fully their investments by irresponsible promoters on these threads). In sum, those who believe threads move markets are naive, at best.
I genuinely was concerned, deeply concerned about what I was reading in the 10K, the night befor the June CC. I was fully unprepared for the wrath and ridicule that was unleashed by VLNC promoters, including outrageous statements about the insignificance and worse of 10K statements. There were flat out calls to ignore the 10K statements. The act of reading the 10K was tagged as "stupid" by at least one VLNC promoter for even reading the 10K and raising issues based on it.
I believe this is an issue to which the SEC would take fundamental exception. In any event, the response from VLNC promoters to the 10K triggered deep skepticism about what was being represented by some of them.
Today the stock price sits a full 36% lower (6.25 to 4) than it did just before the 10K was published. It is utter foolishness to suggest that my posts were the cause of the decline or even contributed in any way to the decline. The concerns I expressed have been vindicated by the market since 6/29-30. There can be no credible argument about that.
My position all along has been that the problems of VLNC that I raised tend not to be correlated with sound and healthy companies, speculative or not. I have recommended watching it and only buying it if there were indisputable evidence of a material contract. The cost of doing so on a risk reward basis was better than buying at 5-6 per share with the red flags that were being ignored. I don't believe I ever even recommended the course that I myself took in selling my position shortly after the 10K was published.
VLNC may yet reverse its course and survive without substantial liquidation to existing shareholders. Nevertheless, the red flags have been flying for some time. At the very least, the issues I raised and the course I took would have saved others considerable losses in VLNC from the time I first posted on the day of the 10K release in June. |
