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Technology Stocks : Artificial Life (ALIF) -- Ignore unavailable to you. Want to Upgrade?


To: ST Trader who wrote (67)11/12/2009 12:09:55 PM
From: Benny-Rubin  Read Replies (1) | Respond to of 77
 
Hey ST Trader! Its been years since chatting with you, how ya been doing?
Hey yea I am investing in ALIF since .90 last month and bought a few this morning at $1.11 on the dip. This is a very long term stock and its a gem of a gem. The IHUB debate stems from the 3M investment of $6.4 mil 10% investment at $1.00 a share in ALIF.Most of those Ihubbers have absolutely no clue and no credibility whatsoever. They caught ALIF on the 3M news and stock % gain of 60% which of course came in just a few trading sessions. The Ihubbers chase stocks because they think since 3M invested in them how can the stock not go up everyday for the next 50 years! Those idiots are worthless, they are drama queens and rumor starters.They invest like they are playing roulette and can't hold more then an hour or two at most.If they own a stock for overnight then they can't sleep and post ridiculous delirious messages,and God forbid should they hold through the weekend! Well I wouldn't want to be a little kid with those kind of parents. Personally I would prefer watching "General Hospital"
Now here is the "REAL" reason for the drop in SP after a record breaking earnings report. The Company has reserved over 2 million dollars for bad debts. That is what scared the market to sell off. 2 million dollars is a huge amount of money for such a small hard dollar Company. Now the question is,will they write the 2 mil off? When I was a credit manager I always over reserved and if their Credit Manager is any good then look for $1 million dollars in write offs.
Bottom line is we have a fundamentally sound Company with a killer technology and a China base.Add the 6.4 Million dollar 3M investment to cash for the next Q report. Next year at this time the Company will be off the OTCBB and uplisted maybe to the NYSE. IMHO.
3M is smart to invest so cheap, they know the real value of this Company. Stay the course, this is investing and no matter what anybody says ALIF is the real McCoy!