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Microcap & Penny Stocks : 10-Bagger MINIMUM Rise from July 1, 2005 until December 31, -- Ignore unavailable to you. Want to Upgrade?


To: im a survivor who wrote (1644)12/7/2006 12:39:11 PM
From: inchingup  Read Replies (2) | Respond to of 1694
 
Survivor:

This whole deal with rruff started when I pointed out that LBWR was making as much money annually as one person working in a factory earning $14.23 per hour.

When I first posted my findings your comment was "weird".

rruff then said:

"Man, if that's not a moronic generic attempt at a bash, I don't know what is.

It's a pinkie that actually has revenues and earnings and next year the growth is supposed to be significant.

"Get a clue..."

So in essence what happened was that I became an instant basher for for disseminating information that should be pertinent to an investors decision to buy the stock.

In the past I questioned Soros credibility for promoting the stock based on its fundamentals.

Once I was targeted I dug deeper into the finacials and published more pertinent information that apparently those that targeted me did not want to have made public. Specifically that the company ONLY showed positive earnings because of dilution.

When a company publishes misleading information I will attack it:

"For the nine months ended September 30, 2006, net income was $21,058, compared to a net loss of $97,243 during the same period in 2005, an increase of $118,302."

The question is, "how did the company increase earnings by $118,302?" My take on it is that they did it by issuing over $100,000 worth of stock if I read the financials correctly.

For those who might be interested in "investing" in LBWR I would think that they might want to know the above information.

As it is, the company as no audited financials, (neither did SLJB) and if the company was so transparent why didn't they let shareholders know that they built their positive earnings PR on dilution, not on actual sales?

In reality, the company is no more transparent than many other pinkies. There is no way of verifying the numbers from "pinksheets" and to my knowledge I haven't seen any numbers posted from the TA regarding shares O/S either.

To value a company at $12,000,000, supposedly transparent or not, that shows a consistent losses is totally absurd.





To: im a survivor who wrote (1644)12/7/2006 1:02:07 PM
From: rrufff  Read Replies (1) | Respond to of 1694
 
Thanks for the kind words "Im a" I appreciate it. You speak your mind and you and I don't always agree. Similarly, I don't always agree with Creede or others.

I have no problem with negatives, although I have a reputation to the contrary. I learn from negatives from credible posters. I always have. My problem is with those who I feel surface bash with generic reasons and then, often, are optimistic about stocks that are just as risky. I've got similar problems with those I believe are professional bashers, but that's a whole 'nother story LOL.

I recognize that we can't all agree. I may like a stock. You think it has too much risk. We are different individuals. You're probably wealthier and can afford more risk LOL.

In any event, I have posted consistently, despite words to the contrary, that my own success is due to diversification, hard work and NOT falling in love with any one stock, no matter how wonderful the story, keeping the capital structure firmly in mind and how "shareholder friendly" management may be. I don't claim to be a great stock picker and, as I said before, I tend to think that anyone who claims to be right more than 70% of the time, is a liar. (Not intended to be about any specific poster, just a general opinion.)

The math is such that a 10 bagger and a total loss gives you a 5 bagger. I have been able to maximize the plusses and keep minimal the negatives, but I really don't belong on this board. I believe one of my first posts on this board was that I would never go for the board's premise of putting 25% of my portfolio in any one stock. But, I think most of us agree and our recommendations of any stock should be taken w/i that known history.