Post A Reply
my profile
login
|
register
|
search
|
faq
|
forum home
»
Allstocks.com's Bulletin Board
»
Micro Penny Stocks, Penny Stocks $0.10 & Under
»
CMKX II new Thread. Get it while you CAN !
» Post A Reply
Post A Reply
Login Name:
Password:
Message Icon:
Message:
HTML is not enabled.
UBB Code™ is enabled.
[QUOTE]Originally posted by Bo14172: [QB] Your time will be better spent de-pilling your pants than looking through the archives of Mr. Bernstein. If you do, you'll notice he writes about almost soley on one-type of company....ones that are catagorized as emerging companies. From that, his job that he does for his benefit, and/or those who benefit from his alliance and writings (i.e. MM short sellers) is easy and focuses on 3 areas. 1) Reporting companies that report lower revenue and earnings, 2) companies that dilute shares and, 3) companies who trade on the pink sheets. In other words, easy targets for short sellers to make money. The only one with validity in my humble view is number 2. Dilution of shares no matter the size of company or market it trades in reduces the monetary value of the stock. As for number 1, I've stated in the past how low revenue and earnings sometimes have little to do with share price. I won't list the empirical data again, but if anyone can tell me how the last 4 quarters of SIRI, ATI, TASR are impressive to justify their current share price, I'd be all ears. Comparing these companies to MOT, F or CSCO in terms of size and consumer influence leads me to again say that how the markets price shares is the most interesting facet of investing to me. His arguements of any pinksheets companies are boilerplate. Let me first say that being a pinksheet company is not a curse. It is a most legal and viable way for small companies to list there shares for ongoing financing to grow their businesses. To bash a company that doesn't report is an easy target for someone with the make-up of Mr. Bernstein. But notice something, his writing pattern changes at the end of his article about CMKX. He had no choice. How many of us can list pink sheet companies in the last 5 years which inidcated they wished to be a reporting company? Of those (I can't think of any by the way), how many have hired a partner in a globally profiled law firm just after indicating they wished to become a reporting company. Finally, naked shorting didn't end entirely on April 1, 2004. Other off-shore and overseas methods simply became the new methodology for doing so. It has certainly been an issue, and if there is a precedent setting case to be made, no case would be stronger than CMKX. As an officer of the court who has been charged and prosecuted for securities crimes, Mr. Bernstein knows this, as do the MM's. All that he had prepared in spinning his article had to take on a factual tone in mentioning the intentions of CMKX to become a reporting company and the hiring of Mr. Glenn. He can only ask a question to the outcome, rather than wrongly interpret the facts as he has done in the past. Facts are are by definition what they are Mr. Bernstein, facts. To spin them or wrongly speculate on them as you have, damages your credibility almost to the degree of your checkered past. I'm very glad his tone changed at the end in simply asking open ended questions about the future based on CMKX's intentions to be a reporting company and hiring Mr. Glenn. To wrongly speculate on the facts again, or attempt to smear Mr. Glenn would place Mr. Bernstein as the target. Smart of you Mr. Bernstein. You're learning. I pray neither he, his family members or friends have any long position in CMKX. Thus like his law career, he will again be on the outside looking in. Bo [This message has been edited by Bo14172 (edited June 24, 2004).] [/QB][/QUOTE]
Instant Graemlins
Instant UBB Code™
What is UBB Code™?
Options
Disable Graemlins in this post.
*** Click here to review this topic. ***
Contact Us
|
Allstocks.com Message Board Home
© 1997 - 2021 Allstocks.com. All rights reserved.
Powered by
Infopop Corporation
UBB.classic™ 6.7.2