No, but you could take a seat in a lifeboat floating next to this ship.
Yes, there might be some runs. Doubtful.
A point I am trying hard to make is readers should be looking at protecting their capital. There are so many warning signals present.
My personal strategy, if stuck with these conditions, would be to sell first thing in the morning, sit back and watch. Should a chance or two develop for flipping, then jump in and immediately jump out. I would not hold this stock more than one day.
That is what I would do but this does not mean I would profit nor mean I am right.
I truly believe risks are far too high to have your money sitting in this one.
Again, it is a lot better to miss a chance to profit than to lose your money. You can always make profits later. You cannot replace your money if lost.
posted
"Joseph Nagyvary, a professor of biochemistry at Texas A & M in College Station, builds violins, violas and cellos using reclaimed timber. He says that legendary instrument maker Stradivarius often soaked the wood he used for making violins — sometimes for as long as 20 years."
Ha! Now that interests me!
Doniboy, read carefully. Lot of clues in that article. "woodworkers" not lumber mills.
Words like "gum" "easy to work" all indicate decomposed soft wood. This cannot be used for home construction or other types of construction.
What revenue will be generated from specialty woodworkers making cellos and chairs?
posted
Is there a sample of the wood from submerged tree's anywhere, we have Fir tree's still standing straight up under the surface in many higher altitude lakes here in oregon, many are hundreds of yrs old ..Cold water factor?
Posts: 10729 | From: oregon | Registered: Feb 2005
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quote:Originally posted by Purl Gurl: So far, so good! None have accused me of being a paid basher, have not tried to have me banished nor, I think, have reported me to the SEC.
Purl Gurl
Are you a volunteer basher? LoL
-------------------- Insanity: doing the same thing over and over again and expecting different results Posts: 491 | Registered: Jun 2006
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posted
Purl, howz about 'a peat effect, I've noticed tea colered water in tributaries of the Amazon.
Posts: 10729 | From: oregon | Registered: Feb 2005
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-------------------- "I will smack you in the mouth, I'm Neil Diamond"- Will Ferrell Posts: 4190 | From: Rhode Island | Registered: Mar 2006
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posted
Ugh, you guys back it hard to backread from the merger announcement when you post so dang much!
Almost there but saw this and needed to comment
Purl Said:
quote: You cannot pull up logs from the bottom of the Amazon River and make good usable lumber. That wood will be water logged and rotted, I do not care how hard is the wood. Forces of Mother Nature are at work decomposing that wood.
Actually...this is only partially true. There are companies that only pull logs out of the great lakes and make good money doing it. This wood has qualities by it's prolonged submersion that make it valuable to certain specialty creators such as instrument makers rather than just construction lumber.
One BIG difference that could be a big deal. Great lakes are cold. That helps to preserve the wood. The warmth of the water down in the Amazon could speed up the process of decay.
It is a very interesting idea though.
Have more to say but will finish reading and pick my wife up from work first.
Sas
-------------------- No longer eligible for government service due to lack of tax issues. Posts: 5178 | From: Up North | Registered: Dec 2005
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posted
Not bragging but I am an architect in the NY area, all that I know for sure is that wood is preserve under water if is completely submerged and it has no exposure to air or climate. Since expansion and contraction happens when the climate changes from hot to cold the water starts to evaporate and the wood starts to shrink then when it goes under water it starts to expanded and sucks more water. Repeat this process and then you see wood that looks like they are ratted but its braking apart and then you see mold .
Posts: 1 | From: ny | Registered: Jul 2006
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Cassity, almost all home construction wood, today, is Hemlock fir. What is happening in New Orleans? Much of the studs, joists and rafters are in need of replacement after being submerged for a relatively short time compared to being submerged in the Amazon for fifty years subjected to Mother Nature's most aggressive decomposition processes.
I am sure there is a percentage of wood to be recovered. However, these financial claims seem "too good to be true."
Have any of you looked at this group out to "save the rainforest" to discover if they are legit or maybe driven by an agenda which may not include profit making?
posted
Just curious, 'peat effect' hey if it's off the table as a stock? Lets IOP something and we will do it! Now that would be some discourse..
Posts: 10729 | From: oregon | Registered: Feb 2005
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posted
The World bank credit is more important than the actual amount being paid to compant for recovery, this according to COO/CEO
Posts: 559 | From: MN | Registered: Apr 2006
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posted
I have to confess, with embarrassment, our home is made completely of redwood, the premium wood for home construction. However, our home is older than my big fat butt.
Which reminds me, I need to leave. I have to work on some nude photographs of me for the boys around here.
Besides, if I write more, soon a discussion board war will break out with bad results.
-------------------- "I will smack you in the mouth, I'm Neil Diamond"- Will Ferrell Posts: 4190 | From: Rhode Island | Registered: Mar 2006
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posted
Just wait a minute, how about the Peat effect in some tribs. of the Amazon? "Looks like tea kinda rivers..
Posts: 10729 | From: oregon | Registered: Feb 2005
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posted
what's the whole tea thing about? Am I missing something.
-------------------- "I will smack you in the mouth, I'm Neil Diamond"- Will Ferrell Posts: 4190 | From: Rhode Island | Registered: Mar 2006
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Hemlock fir and Douglas fir. Long back, white pine was popular but those forests were cut down. Before this, about fifty years and back, redwood.
I do NOT support cutting down redwood trees.
An interesting trival point is a lot of wood was salvalged after Mount Saint Helens flattened millions of acres of forest.
But this is the Amazon we are talking, a river full of icky sticky gooey gushy black slime, piranha with sharp teeth and other nasties, like the Creature from the Black Lagoon.
Did I mention leeches which love to slide up your.... oh... cannot write that thought here.
posted
assuming CEOTA is legit.. they said they've tested a good amount of the recovered logs.. and i don't really doubt it.. would be nice to figure out more of the direct effects on the stock price, money money money..
-------------------- lostone Posts: 2666 | From: san jose,ca usa | Registered: Sep 2002
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FHAL is to cease all activities until the closing. They can't move ahead on the Log dealy until they close with the other company.
There are still details to be ironed out with the merger so you likely won't get that PR tomorrow either.
My interest is roused but the timing is not right. I'm going to let it settle and see what details come out of the wood work.
There are A LOT of folks that were all confused with numbers! Thinking par value of stock is what the stock is worth, Thinking Book value means the stock HAS to go to that price after the symbol change, thinking a lot of odd things.
Says there are a lot of newb's here that still need to learn.
That's not a bad thing but it does tend to mean the hype should be taken with a grain of salt.
Ok. Gotta pick up the wife now.
Later, Sas
(All this to say...Purl's got the right of it.)
-------------------- No longer eligible for government service due to lack of tax issues. Posts: 5178 | From: Up North | Registered: Dec 2005
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quote:Originally posted by Sasquatch: Ugh, you guys back it hard to backread from the merger announcement when you post so dang much!
Almost there but saw this and needed to comment
Purl Said:
quote: You cannot pull up logs from the bottom of the Amazon River and make good usable lumber. That wood will be water logged and rotted, I do not care how hard is the wood. Forces of Mother Nature are at work decomposing that wood.
Actually...this is only partially true. There are companies that only pull logs out of the great lakes and make good money doing it. This wood has qualities by it's prolonged submersion that make it valuable to certain specialty creators such as instrument makers rather than just construction lumber.
One BIG difference that could be a big deal. Great lakes are cold. That helps to preserve the wood. The warmth of the water down in the Amazon could speed up the process of decay.
It is a very interesting idea though.
Have more to say but will finish reading and pick my wife up from work first.
Sas
true...great lakes model only thing ever had me interested...salvage there can be quite good. Never thought of "warmer water" lol
posted
Reminds me of a story. Neither my husband or I are smokers but sometimes smoke during sex, maybe even some sparks and flames which is why I bought a flame retardant gorilla outfit.
He tells me a story, I think a very tall tale, of packing his butt cheeks with cigarettes to keep out the leeches when he was in the Mekong Delta region of Vietnam during the war.
He claims leeches do not like the taste or whatever, of tobacco. I think the natural acid in tobacco burns the leeches. Well, leeches should not smoke, anyhow.
quote:Originally posted by lostone: assuming CEOTA is legit.. they said they've tested a good amount of the recovered logs.. and i don't really doubt it.. would be nice to figure out more of the direct effects on the stock price, money money money..
------------------------------------------------ Conformtion here will settle the issue.. Tea colored rivers may have a higher quality of recoverable older logs..Tea color is important because of the natural effect of peat "like" water.
Peat bogs have an amazing ability to preserve humans over thousands of yrs. just a thought.
Posts: 10729 | From: oregon | Registered: Feb 2005
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