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Session of 02/16/2007

Started by David Randolph, February 16, 2007, 09:53:36 AM

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TraderStar

#30
Quote from: kslifka on February 16, 2007, 11:20:38 AM
OFI...may be ready to break out.

ready to break out?  Looks pretty well broken out to me .. looks like better to wait for a pullback before joiining/adding ... no?

Ooops .. sorry .. I was looking at it on a weekly chart .... now I see what you mean  :D

rudynostalgia

#31
Sorry, wrong link popped up on CPNE post.

http://www.ripoffreport.com/results.asp?q1=ALL&q4=&q6=&q3=&q2=&q7=&searchtype=0&submit2=Search!&q5=Onlinesupp

You'll have to cut and paste. The Onlionesupp tag isn't showing up as part of the link. Onlinesupplier is a subsid. of Planet Commerce (CPNE)

WallStreetnBio

Quote from: nullzero on February 16, 2007, 11:24:46 AM
I have a feeling the earnings and foward guidance for CPNE are going to be above and beyond what anyone expected. You dont announce bad Q4 earnings and 2007 guidance at a Roth Capital Partners at the Ritz in Dana Point. Its going to be good earnings and foward guidance... otherwise I doubt that the company would of planned to present earnings and guidance at a nice upscale event infront of a bunch of investment bankers  ;D.

excellent point
#1  CDS
#2  XING

Se7en

Quote from: rudynostalgia on February 16, 2007, 11:32:21 AM
Seems that some or all of their 91,000+ jump in Loyalty Group memberships were picked up via a  bait and switch credit card transaction.

I see or find no evidence of what you are claiming here ...
Així és la Catalunya, així és el Barça! Mès que un club!!!

nullzero

#34
Quote from: rudynostalgia on February 16, 2007, 11:32:21 AM
What's holding me back from jumping into CPNE is stuff like this:

http://www.ripoffreport.com/results.asp?q1=ALL&q4=&q6=&q3=&q2=&q7=&searchtype=0&submit2=Search!&q5=Onlinesupp

Seems that some or all of their 91,000+ jump in Loyalty Group memberships were picked up via a  bait and switch credit card transaction. That's an awful lot of gripes for something that isn't intentional. If these folks start contacting their credit card issuers and complaining, there's going to be a slew of chargebacks, which can wipe out any earnings.

This info is already out in the public, im sure its been beaten like a dead horse by the investment bankers. Majority of the investors already know this espically the big money getting into CPNE. As long as the money is still rolling it doesnt matter. How do you figure all those Pryamid schemes are so lucrative for the people at the top? Its because people keep spending and believing in the easy money to be made being part of the business. CPNE is not like a pryamid scheme its more solid business but gives people the hope that they can start a sucessful business with the tools given by them. Nothing is guranteed the reason there is complaints is because the a lot of people chasing money and wanting to make more are disapointed its not what they expected. It takes time to start a business and lots of planning, mistakes, and lots opportunities.

BTW ripoffreport.com is a third party site not ran by the BBB. The complaints can be posted by a 10 year old kid on their site claiming this and that...

tokyopua

Quote from: rudynostalgia on February 16, 2007, 11:32:21 AM
What's holding me back from jumping into CPNE is stuff like this:

http://www.ripoffreport.com/results.asp?q1=ALL&q4=&q6=&q3=&q2=&q7=&searchtype=0&submit2=Search!&q5=Onlinesupp

Seems that some or all of their 91,000+ jump in Loyalty Group memberships were picked up via a  bait and switch credit card transaction. That's an awful lot of gripes for something that isn't intentional. If these folks start contacting their credit card issuers and complaining, there's going to be a slew of chargebacks, which can wipe out any earnings.

I see 66 complaints.  So that is .07% complaints out of the 91000 members you mentioned, seems OK to me...
Chance favors the prepared mind

nullzero

Also take into account people could post false complaints to try to influence the stock price down for their personal gain (although not to likely its possible).

Stocky2000

what i dont understand.the change of strategy from david...is it a longterm portfolio now with this 3 stocks in the portfolio....he made 60% in 2 weeks with stalking, holding 1-2 days...why change the tactic in a complete other directions holding weeks, months now...doesn t make sense to me....

(just my opinion) :)

ket

ravenquork

#38
Quote from: TraderStar on February 16, 2007, 10:48:57 AM
Quote from: ravenquork on February 16, 2007, 10:37:55 AM
XDSL has been very heavily promoted.  I think it was "greentech" or something similar. Fundimentals look lousy. There may be money to be made, but it looks like a pump and dump to me.

There was a lot of hype about it awhile back ... but yesterday here is what sharpeyed had to say:

"XDSL signed a deal with American Express to evaluate power solutions for their new credit cards. XDSL hasn't been able to issue a press release about this yet because these developments are top secret. American Express doesn't want Visa and Mastercard to find out about what they are doing. But because this is a material event for XDSL shareholders, XDSL was obligated to file an 8-K on December 29th disclosing this major development.

The U.S. Army is working to develop new types of smart munitions that can be targeted exactly to their target. Unfortunately, they need a power source for these smart munitions and have encountered many of the same problems as American Express. This led to the U.S. Army signing a huge deal with XDSL that was announced last week."

According to ClearStation, their fundies have been bad but then I still do not understand how to interpret all the fundamental stuff so not sure if there is any material improvement .. or just 'news'.

XDSL info from  8-K Filing Date: 12/31/06  8-K
Excerpts with notes:

Through December 31, 2006, the Company had incurred cumulative (a) development

stage losses totaling ($159,256,899), (b) a stockholders' equity (deficit) of

($2,889,616), and (c) negative cash flow from operations equal to

($70,938,659). At December 31, 2006, the Company had $659,414 of cash and cash

equivalents and $58,740 of trade receivables to fund short-term working capital

requirements. The Company's ability to continue as a going concern and its

future success is dependent upon its ability to raise capital in the near term

to: (1) satisfy its current obligations, (2) continue its research and development efforts, and (3) allow the successful wide scale development, deployment and marketing of its products.

[ my notes:  cummulative losses of ($70,938,659) Has going concern issues, as it has only $659,414 in cash]


500,000,000 shares outstanding
[my notes: huge float; each penny rise is equal to $5,000,000 of market cap]
******************************
RELATED PARTY TRANSACTIONS



MICROPHASE CORPORATION



mPhase's President, Chief Operating Officer and Chairman of the Board of the

Company are also officers of Microphase and mPhase's President and Chairman of

the Board are shareholders of Microphase. On May 1, 1997, the Company entered

into an agreement with Microphase, whereby it will use office space as well as

the administrative services of Microphase, including the use of accounting

personnel...
Additionally, in July 1998, mPhase entered into an

agreement with Microphase, whereby mPhase reimburses Microphase $40,000 per

month for technical research and development.

JANIFAST LTD.



The Company purchases products and incurs certain research and development

expenses with Janifast Ltd., which is owned by U.S. Janifast Holdings, Ltd., a

company in which three directors of mPhase are significant shareholders and one

is an officer, in connection with the manufacturing of POTS Splitter shelves

and component products including cards and filters sold by the Company.

[mphase , the company we are currently discussing, has varius deals set up with the president and and board members, whereby they siphon cash from mphase]
********************
Private Placements



During the quarter ended September 30, 2006, the Company issued 6,780,716

shares of its common stock together with 5,555,556 of 5 year warrants to

purchase one share each of the Company's common stock, with an exercise price

of $.18 per share in private placements generating net proceeds of $1,104,000.

During the six months ended December 31, 2006, the Company authorized the

issuance of 3,852,500 options to employees and officers for the right to

purchase a like amount of common shares

In addition, during the quarter ended December 31, 2006, the Company became

obligated to issue 7,013,888 of its common stock as reparation to affect

revised pricing on previous private placements.


[my notes: $ 0.18 looks like a magic number; The company desperately needs to raise cash and further dilution is inevitable]
**********************
COMMITMENTS AND CONTINGENCIES
As of December 31, 2006, mPhase is obligated to pay Lucent Technologies, Inc.

$200,000 per month through and including the first of each month from March 1,

2006 through and including February 1, 2007 plus $100,000 due in March of 2007

in connection with the development of its Nanotechnology product line.

Other significant contractual obligations require the Company to pay Magpie

Telecom Insiders Inc, certain amounts related to the successful development of

its TV+ product. This contract requires a payment of a $60,000 monthly

relationship fee plus $135,000 per achievement of specified milestones. During

the six months ended December 31, 2006, the Company issued 323,530 shares of common stock valued at $.17 per share in partial satisfaction of this

obligation. The Company owed Magpie $650,000 as of December 31, 2006. This

contract expires in January 2007.



In addition, the Company has an agreement with Velankani Information Systems to

further develop its TV+ product. During the six months ended December 31, 2006,

the Company issued 749,562 shares of common stock in partial satisfaction of

this obligation. The Company owed Velankani $399,135 as of December 31, 2006.

The agreement with Velankani has been restructured and currently requires

payments of past due amounts and continued service to be satisfied by a

combination of stock issuance and cash payments.
[my notes: mphase is incurring huge huge liabilities which it can only pay with shares]
**************************

On November 15, 2005 a

civil enforcement action (c.v. action no. 3:05 cv1747) was filed in Federal

District Court in the State of Connecticut against Packetport.com, Inc. and

others including Messrs. Durando and Dotoli in their individual capacity for

alleged violations of the federal securities laws in connection with their

activities as Officers and Directors of Packetport.com
[my notes:officers of mphase are in litigation over for violating SEC laws from a previous company. The patterns developed above might indicate that there is more of the same going on with mphase.]

My summary and opinion:
Con: The company is broke, going further into debt every day. The management has a shaky history and is removing cash from the company through various inside deals. Current litigation could potentially prevent COO and CEO from holding any postion on a board of directors. Huge float, with shares being used as payment to creditors. Further dilution is a very high probability. Company could easily fail. Unkown as to who actually owns the technology, may belong to  Microphase which is privately owend by the coo and ceo of mphase.
The recent warrants issued at .18 and the vendors and partners left holding shares of a penny stock rather than cash are a likely motivation to pump the stock.
Pro: the stock is being hyped on at least two fronts; the product storyline is good.

Conclusion: Stockholders will never see any wealth creation with Mphase.  




bjc

Tokyopua has a good point, not a bad ratio there..66 out of 91k or whatever.  I think CPNE.ob should be just fine.

Considering all this growth they've been posting in PRs has been in the biggest segment of their business (CLG), earnings should be a blowout.  I'd assume guidance will be awesome as well.  Imagine if they forecast earnings of 50c + in 07!  We could see a double in a week, from current levels.  



IMOS has had a solid week.  Not on fire by this portfolio's standards, but an amazing opportunity based on fundamentals and this recent breakout above 7.50.  If you look at a 2 or 3 year chart, it becomes apparent this is a rectangle breakout above 5.50-7.50 range (aside from a week or so in MAY 06).  The fundamentals are A LOT better than they were 2 years ago.  Check out rev and net income growth on the graphs on MSN money, it's a truly beautiful sight.  

TraderStar

great info raven .. looks like I will be trading this one purely technically.

Can anyone recommend a good book (for beginners) on understanding fundamentals?

rudynostalgia

The reason people are upset and complaining to gripe sites is because they agree to pay $1.95 for an eBay success kit and are then charged $49.50 for membership in a low level discount buyer's outfit. No, it's not a pyramid sceme, it's a charge card fake out. Seems this company is very adept at producing a killer chart and thus seducing all the elves and gnomes.

webby67

heh...heh 

I guess these people need to learn how to read the fine print, eh what!! :D

methinks that 66 complaints out of 91,000 may qualify as "SOME" but scarcely qualifies as "OR ALL"....  unless you inhabit some strange gravitationally unstable quadrant of the universe where 66 = 91,000

heh... heh....

nica33

Quote from: rudynostalgia on February 16, 2007, 12:45:05 PM
The reason people are upset and complaining to gripe sites is because they agree to pay $1.95 for an eBay success kit and are then charged $49.50 for membership in a low level discount buyer's outfit. No, it's not a pyramid sceme, it's a charge card fake out. Seems this company is very adept at producing a killer chart and thus seducing all the elves and gnomes.

Everybody knows that if you get a free  trial with your credit card information on it, if you don't cancel before finish the free trial, you'll be billed.  That's the way most free trials work.

What I don't like in the website onlinesupplier.com, is that they have a pop up with a supposed "live"chat ....It's fake, it's no chat.  You only realize that after you waste your time trying to chat with "Janey"  >:(
Keep it simple !!

Quasi

Quote from: rudynostalgia on February 16, 2007, 12:45:05 PM
The reason people are upset and complaining to gripe sites is because they agree to pay $1.95 for an eBay success kit .....

$1.95 for success, sounds too good to be true, I would be very suspicious and read the fine print very carefully.

Here's another one that I picked up in a scan a few days ago (Canadian), making a nice move today and just noticed it also trades on the NYSE.  Looks like it has been a low volume sleeper in the US for the most part, but now seems to be hitting the radar screens.

Quasi
JMHO subject to change without notice,
Happy Investing / Trading

Quasi