Sid, I publicly thank you to make me realize that H2Oshinsky's HYPE...
about DCHT tainted the Company to the point that it was clearly a bad investment for me. I was lucky to get out of it with losses of only $4,500, or so. This has potentially saved me a from far larger losses. When you come to realize that you have been had, you are better off cutting your losses and ensure that others do not fall in the same trap, as a matter of service to the unsuspecting investing community.
Your postings on the issues at hand were fair, informative, well composed, intelligent and lucid. They completely exposed Dr Harvey and Sir Alexx for the fakes, liars, dishonest scamming artists they were.
I don't know how much money you have saved would be investors when they saw and understood your well intended posts. All I know, is that I owe you a debt of gratitude that I may never be able to repay.
As a result, I intend to continue your good work by regularly posting on this thread factual information about DCHT and its promoters, to balance the unfettered and relentless flow of shameless paid touting that is designed to lull unwary investors, such as myself at the time.
For those who still wonder, I have never used fake names or usurped titles, like Dr Harvey and Sir Alexx did, which rightfully caused them to be suspended by the ever vigilant SI Administrator. I post under my own name and take full responsibility for my benevolent actions on this thread, as I can financially afford it. However, as the Hypster in Chief has already found out, my whereabouts cannot easily be pinned down, as I seem to only exist in virtual reality.
As for shorting this stock, I would not dream of getting my hands dirty again by having anything to do with it and cannot think of anyone who would actually short a stock already that low, except perhaps some desperate MM's.
H2oshinsky has been completely and thoroughly discredited on this thread and no amount of posting diarrhea will ever hide that fact. He is the one fully and directly responsible for my financial losses, by posting under numerous aliases, without a disclaimer to the effect that he was being rewarded as a PR under Contract to the Company. And he still continues to post the same rubbish!
How can you say in the same breath, without bursting into laughter:
"although DCHT only earned $160,000 in 1998 and had $4.2 Millions in losses, it provides an extraordinary low risk opportunity below $2.00 for short term traders". It is absolutely beyond belief!!
We rate DCHT a major long term buy for aggressive investors.
Trading Strategy
For short-term traders we feel an investment in DCHT below the $2.00 level, provides an extraordinary low risk opportunity with a short term upside potential to the $3.50 to $ 4.50 resistance level.
For long term aggressive investors with a high-risk tolerance we recommend buying up to $5.00 and holding for long term price appreciation into the $12.00 to $15.00 level, or more in Y2000.
As of Feb. 15, 199 Related Industry Comparison
Market Cap /1998 Revenue /Net Inc./Loss
BLDPF $2 Billion plus /Cdn$ 25Million /Gain $800,000 Cdn. MKTY $140,000,000 /U.S.$ 21 Million /Loss $ 4.3 Million PWRE $ 36,000,000 /No Figures MHTX $ 40,000,000 /No Figures DCHT $ 11,000,000 /$ 160,000 /Loss $ 4.2 Million
Note: Price projections are based on the multiples of comparable companies in the fuel cell sector, as there is no basis for comparison in the hydrogen and gas sensor industry. Note: DCH Technology has targeted April 1, 1999 to become a fully reporting company. While it can not be guaranteed they will meet that target, the indications are positive.
For more information contact: Steven Oshinsky, GM RAM Capital Management Email: RAMCapMgmt@aol.com Fax: 561-394-9695
By the way, if anyone wanted to know how much rent DCHT is paying, check the insider trading filings of the Socoloske, who are allegedly the Landlords: in round figures, $637,000 in about 9 months.
And if/when the financial statements are ever tabled, we will have a good test of the mettle of all the die-hard longs. My prediction is a mad rush for the exits, unless Oshinsky decides to leave the Company, in which case there might still be a glimmer of hope...
Regards, F. Goelo + + +
For further information, please, read the following relevant posts:
#reply-8174874 #reply-8196418 #reply-8238077 #reply-8266295 #reply-8300915 |