Hey Bass:Originally Posted by bassmaster
I think your buy back into MGLG will ultimately mitigate the loses on EWKS and ARTI. By the way, are you still in RTGV and do you have any thoughts surrounding all the hype on ISFL? Got some dry powder that I'd like to grow short, rather that sitting long waiting for a PR or the proverbial ship to come in...I got those in spades (MGLG, BCLE & BEHL)...lol.
FYI
For sirius xm investors(suckers...me included) just got a letter from siriusxm. I purchased a used VW convertible about 6 months ago from a Dodge dealer. Letter states...paraphrased...our records indicate that your VW is equipped to receive XM radio. You've already got the radio, now all you need is the service...4.99 for 6 months for XM Everything...with activation waived!
Lists the usual 71 music channels, sports, talk, etc...mentions best of Sirius also being available
This could be huge for tapping into the used car market.Not sure how they got my info, but who cares...My wife finally got to listen to my XM on our way to the Beach...1 station all the way...3+ hours! I think she is fixing to be an XM sub
SiriusXM is finally starting to attack sub issue on multiple fronts...Iphone, OEM, CPO, Autonation/Carmax...Will probably take several qtrs for everything to kick in...If OEM channel rebounds...sky is the limit for next 2 years!
Jeff
This morning I had imagined today would turn out so different.
With the news from mglg and the co finally acknowledging publicly the delayed PR I decided to buy back in.
I sold a small portion of ifsl and used that money to purchase the mglg shares.
So now I own mglg, ifsl, and behl.
I have high expectations for all these stocks.
Shots
Good move!
Shot:
You're in good company. Alot of us here are holding MGLG and BEHL. I've been looking at IFSL and a little skeptical (mostly based on the mind numbing posts over at the spoke). Can you or any of the others on here make sense of this stock. Is there real opportunity here?
Hi Sandy, (my mother's name by the way)
Perhaps this article can help you decide if there is opportunity...
http://www.globenewswire.com/newsroo....html?d=169520
LAS VEGAS, July 22, 2009 (GLOBE NEWSWIRE) -- Over the past two months Small Cap Sentinel has been following the meteoric ascent of Ideal Financial Solutions, Inc. (Pink Sheets:IFSL), a compelling story about a company that has built a rapidly growing business by creating a system that shows consumers how to free themselves of debt and build up cash. And sales have been remarkable.
The stock has risen dramatically over the last two months on a fantastic blend of savvy marketing and extremely strong revenue growth. In just the last few months IFSL has announced the following:
* Ideal Financial Solutions Doubles First Quarter Revenue With
Over $3,000,000 in Second Quarter Revenues
* Ideal Financial Solutions Announces New Partnership Recurring
Revenues Exceed $2,300,000 in First Half of 2009
* Ideal Financial Solutions Declares the Company Now Has Over
$1,000,000 in Cash Assets
Adding to this, Ideal Financial has just announced that they have posted their unaudited financials on PinkSheets.com. While this may sound trivial, it isn't. It's a huge step forward in going to the next level. As the release states, "By posting its financial statements on Pinksheets.com, the company is continuing on its path of becoming a fully-reporting company." *** IMAGINE WHEN THE BECOME A FULLY-REPORTING COMPANY...THE STOCK WILL BE MORE THAN IN THE PENNIES!!!
We firmly believe that this will dramatically increase interest in IFSL and recognition of its record revenue growth. *** THIS IS HUGE
In short, I think IFSL will go into the pennies soon.
The company is currently buying back shares. This will decrease the current float of 1 billion. Hopefully they can get it down to 600mil or so, but who knows how much they will buy back...
Also, the company announced today that it plans to be debt free by the end of 3rd quarter 2009!!!
Add all this to outstanding profit margins and amazing subscriber and revenue numbers...
We've got a winner here IMVHO.
Hey Bill,
With your background in nat gas, what can you extrapolate from MGLGs PR today? Are those numbers good?
I was a driller. In other words I ran the rigs and drilled the holes (like the lunkheads that you see on that T.V. series "Black Gold". I did work on huge rigs though that used to drill between 20,000 and 30,000 feet, not those little ones like in that series).
Consequently, I don't know anything about the formula for calculating production numbers or guesstimating. They had engineers for that and those calculations were done after we tore down and moved to the next hole.
Well then what good are you? hahaha JK.
No problem. We all know that any numbers are better than no numbers. No where to go but up.
Have a nice night.
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