......I gained alot of respect for you as you were a newbie when you showed up, but came a long way fast....that respect is waning as I see you resorting to same tacticts you yourself said you despise...being VERY POSITIVE...then selling out and resorting to being OVERLY negative.
Keith,
first of all, I am still long in VWKM....have been since 9.09.05. Also, I just checked my buys and sells and here comes the amount that I am in the hole on this stock......ready? Minus $42.66...about a tank of gas. See, I still own a little chunk of VWKM, and I am not one bit resentful at Angstrom...actually I'm grateful. I picked VWKM 100% on my own during a seemingly random search on pinksheets.com. I found it ironically, while I was looking through the pinksheet company listing going one buy one. The only reason I came across VWKM was because I startd at the "Z"'s, and I was working backwards. After cutting through the "Z"'s, "Y"'s, "X"'s,"W"'s,and then "V"'s, I came across a "story I liked"(jmHollen's advice), and then called management(on the advice of jmHollen, and a friend). The CEO kissed me in the ear, and told me exactly what I needed to hear. I then started a thread on the subject, and posted everything the CEO told me, and deposited all the "facts" according to my DD on the threads SI, IHUB, and RB. Anyway, to make along story shot...Angstrom proceeds to break his word in everyway that he could. He issued PR after PR saying things like "400 mil share buyback", but then selling 2 billion instead(and counting...the A/S is 20 billion BTW). And so now i'm thankful that I know what a pump and dump looks like...up close and personal. And here is your attitude about the whole situation:
Also, just so you know...the things you see happening with VWKM, PLNI, SSTY and..you want a list of all pinkies acting this way? If so, be ready to read a very, very, very long list....anyway, the things you see happening....not forthright IR people, not forthright ceo's, dilution and etc....well my friend, this is pennyland and all of the above is the norm in this venue...so, if a pinky tells you no dilution or they miss deadlines or dont come thru on certain things...dont act so surprised.....you should be aware as soon as you invest $1 in a pinky that anything can happen, and if you are going to get bent out of shape over all the things that are normal in pennyworld, maybe you are best to not be in the venue.
I have seen you print the same thing on other threads, but declined to say anything....but now you directed at at me(as if i didn't know it the first time I read it). In the above, you pretty much say that stocks like VWKM, should be accepted as "just the way it is"...that's such a wonderful attitude...you just co-signed on duplicity as something we should just accept. Do you know how sad that sounds? Just give up, and accept the fact that they lie to us and pump and dump. True enough, that's often the case here in the nano's, but not always.
Do you happen to be in GCHR? Did you know that their share structure is completely transparent? Did you know that they are fully filing? Did you know that you could have picked them up for about .009 at the time I bought in to them(9.30.05)? Do you know that their SS hasn't really changed in over 6 months? Well, a good friend of mine sent me a PM, and told me to check them out....so I did. Matter of fact, they have been on the transparent flamingo list for quite some time now. My point? So far they are not in the pump and dump category. AND if they change stripes....I will be the first to announce it
Do you see the irony here? You say I'm losing respect because of post's like these:
To: jmhollen who wrote (2962) 2/5/2006 3:08:01 PM
From: Creede Bighorns Read Replies (1) of 3037
John -
To set the record straight. I am not picking the side of the bashers on the other PLNI board. I have never spoken to them via PM. I have responded to a few of their posts, but if you will notice, they have not even acknowledged my presence.
This isn't about sides...it's about me drawing a conclusion of my senses, and then being able to discuss what I am seeing. Perhaps I am wrong, but in all fairness I should be able to voice my concerns. I don't think it's right to tell me that " the games you envision are in your mind, that several of your assumptions are groundless". How can you say groundless? I haven't really said a word until the new o/s was forced out, and it turns out over the last 5 months they didn't buyback 200 mil...they sold 1.6 billion. How is that groundless? Or, "take this tirade to the PLNI Bash Board where they love to take supposition and convoluted logic". So, is that how it works? If I have a real complaint, based on solid DD, I can take it somewhere else?
John, I bought PLNI on your recommendation on 8.2.05 @ .0162. I sold the last of my PLNI on 10.13.05 @.099. During that time, I saw them issue a PR stating that they were going to buyback 200 mil shares. That PR sent my hopes soaring that I was going to do well in that stock. I could not understand why the price kept falling and falling. I heard reassurance after reassurance that the company was being shorted....and that they were NOT selling shares....after all, they just PR'ed a buyback. I finally sold all my PLNI shares after a good friend of mine(not a basher) kept urging me to look a little harder at my DD regarding PLNI. I sold with a 33% loss on the investment. I don't own any PLNI, and haven't purchased any since 8.02.05. I do, however, own a big memory of a promised buyback, and now the revelation of a float that has increased by 234%....no wonder the price fell...how naive I was. So how is my logic "convoluted"? How are my assumptions "groundless"? Why won't you just answer the question about why did they sell shares when they promised a buyback? Your confidence in this stock has been very reassuring to all of us, so why won't you let us in on the secret you know, that makes you keep buying shares even though it looks like the PLNI train is about to fly off the tracks? You keep saying wait until next week....fine. I'm not on the train anyway...so i can certainly wait. But what about his "ageing mom"?
Message 21880904
From: lockhouse 11/13/2005 1:45:37 PM
Read Replies (1) of 3724
Hi all,
I've been looking for the last 1/2 hr or so trying to find the post with someone stating their best estimate of probable pps on PLNI, both short and long term. I thought I saw a consensus of around .05-.10 for the relative short term. Any thoughts? I could afford a 1/2 mil at ave of .0086 so Ima small-timer. Did get my ageing mom in for 100k which was a feat. Though she can afford it she is verrrry nervous and thus my request to you so I can placate her nerves.
cheers,
GodBless-NoDoubt
cris
P.S. See, this all goes much deeper than my 33% loss. I hope I am wrong about the whole thing...I hope it goes to the moon so his mom's nerves are soothed, and so that you will be made to look brilliant. I'm still wet behind the ears, but I am concerned about where PLNI is headed. I have made my stance, and I have my bib on ready to eat a bunch of crow in a few weeks.
So why is my "respect waning"? I earned respect through hard work and tough DD. Now, I bring some to the table and jmHollen bans me for it? So now I'm losing respect because I stand behind my DD and ask questions? Did you happen to notice that jmHollen didn't have a good answer? That's the reason for the knee-jerk ban.
Keith, here's the deal. These nano's move on moronic pumping, moronic bashing, rumor, and Due Diligence. Proper DD in regards to share structure, and the character of management trumps all the rest of the pumping, bashing, and rumor. Tip top DD will point out the stocks to buy...and perhaps more importantly, the one's not to buy. Why not just buy pump and sell them all? Because the dilutors are what drains the equity out of the market. Angstrom just drained the nano's of over $1,000,000 in equity....where did that money go? Would it not have been much better to put the money in GCHR, a stock that may actually preserve share holder value. Perhaps they would do the next right thing, and actually finish an audit or make an aquisition...they may not, but why chance it with known dilutors, that we can't even watch the SS? Stupidity...plain and simple. It's just like this:
Message 21928217
And like I said...if GCHR flakes out i'll be shouting it from the roof-tops....if i still have a position or not. Just like I did on VWKM. And a very important one. If the stock goes up a tad i have a paper gain...down a tad and I have a paper loss. Thing is I don't care about that...I care about what the DD says...period. I'm not into moronic pumping while ignoring the share structure...those that do still have a lot to learn. When the SS becomes to distorted, it's game over. When the SS approaches the billions....especially 4 billion and above the chances for a sucessful long position is almost nil. Think about it. A company had to sell 4 billion shares to keep the light on, but now all of a sudden they are going to start bringing in enough revenue to justify so many shares? SSTY MAY do it with all of China, but I'm not gonna run around pumping them(yes I still have a position there as well). I don't sell out my DD just because I have a position. Some do. They know not what they do.
I have a question for you. Would you honestly recommend VWKM to a brother or friend? Then why run around defending it as if? There are lots of "newbies" around that get addicted to personalities and forgot that SS and DD matter. Or perhaps others just don't have the aptitude. Some people just don't have the time....whatever the reason, we owe it to them to do out best to recommend stocks that aren't issuing PR's of a buyback and then selling BILLIONS of shares. How am I wrong about this? It's so simple. Honesty and truth are the guiding principles....not personality. This is the point where jm's method's and my own veer course. He believes in "the story" and "calling management", but what about the share structure, transparency, and truth from management? Total disregarded....pity....and so many look that way.
But something better is coming. I know that the investors out there are looking for something better. They are looking for "a few good men" that will be totally honest and forthcoming about any given company. It's starting....I already see some key changes. But hey, rock solid DD isn't for everybody. People can play the pump and game...and i should get out of their way. If jmHollen's threads are designed as bulls/pump only then I'll take my DD elsewhere.
As long as I am banned on one thread...I'll consider myself banned on the all. No more posts like this one:
Message 22152933
DD trumps pump. The info will be out there...good and bad...I just won't post it on any thread jmHollen mediates as long as I am banned on one.
GodBless-ND
cris |
