I guess when Roger told me the audit will be out in a couple of days
he probably meant in a couple of years,and I just did not understand.
For the last four weeks he keeps telling me that the audit will be out
tomorrow,and after tomorrow,and next week,and the week after,and
in the next two days,and this last week tuesday he said he had the
press release in his hand and should be out in a couple of hours.
Well I did see nothing,and I called him and left messages and not
reply.Well I got sick with this tomorrow,and two days and next week BS.We are waiting for the audits since the end of September.
We have seen nothing yet,and been lied to daily,weekly,and monthly.
This company proved to me that is not able to execute in time.
As for the shares that have enter the market the last four weeks I do
not buy this so called short position of the market makers.
These market makers are not stupid to short a stock at 1,5x earnings.
There must be a lot of shares out there that we do not know of where
they coming from.
It will be very interesting to find out how many shares are out total.
I somehow believe that they are more than 15 million that the company claims.It is not justifiable for the stock to be at these levels
when everything goes well that the company claims.
This is the first time that I see a bulletin board stock that predicts that
is going to make .14 for the year,and the stock sells at .20.This is BS
for the stock to trade at these levels.It was trading much higher when
the company was losing money.A hell of a lot of shares in the number
of millions have enter the market the last four weeks.
The answer you get from Roger is the MMs are shorting the stock.
Well I respect the MMs a hell of a lot and they are there to make
money not to lose.These guys I have been watch for years,and they
do know how to play the game very well.
We will find out about the shares,but I do not buy this so called short
position in the stock.
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