Prudent speculators will often be accused of all kinds of things.
Here’s an example of a simple baltbear (your very own host here) being
accused (in a 3rd person remark..that is..a lack of direct dialog)
“. I personally think he has an agenda which I have told him directly and
the negativity toward the investments of ISCO”
So what’s with the “negative”??
readers familiar with my pov on isco will note i have 3 clients in isco.ob at
this time. They got there “because I said so.” They are all 3 >>slightly<<
in profit, becuase i got them in after the 1 7/16 support line cracked durin
the series f preferred offering.
But i expect isco to head towards 2 1/2— a near double from here… and
then drift towards 4… after it >proves< something.
Cause in actual bizness–not perpetual stock scams—mgt executes in a
way that can be proven in audited filings—it’s called “revenue.”
That gives me an “agenda.” I don’t tell people isco.ob is going to 10, or
20, or 320….or …whatever…
and there it is….
On the board where isco is being discussed there are 6 or 10 posters
muttering about prices north of 4…without having read the filings that
formed isco in the first place.
this same alleged heavy hitter who accused me of “having an agenda”
thought isco.ob was ipo’d on its own name. Thinking such a thing means
they have never read the filings, which show it being a double reverse
merger shell property. ….not that there’s anything wrong with that. doing
so can save more than a few $$$ getting listed.
There’s nothing wrong with that at all. Such a procedure can save
thousands of dollars in useless fees to lawyers and other scum and
basically, i am increasingly convinced over the past 2 years that keeping
lawyers and other scum as far away from biz formations as possible is
prudent speculation by the entrepreneur.
reducing lawyer exposure and double talk of any kind is something clients
pay me for–and it is usually more rewarding than listening to inventors
dreams of being worth $xyz million any day now….
But since this isco formation is not exactly ancient history, and is publicly
available from the sec, >not knowing it<< is a signal of something–
specifically, lack of prudence.
prudent speculators >>>always<<< read the original s3s…
back to isco.ob: i say this is a place to start nibbling, isco.ob because
2 1/2 is coming back… and that’s “negative” in the minds of those who,
over and over, say “it’s different this time” whether this time is real
estate, the internet, stem cells, “plastics” –going back to “tulips.” (for
those who have taken their proper classes in the art of the arb, for 1k
years before tulips came along, it was usually? ….wait for it…….
black pepper.
when everyone agrees about how great prospects are it’s time to look
for the koolaid pitcher that is feeeding the hypnotic agreement.
those who doubt this are cordially invited to read the chaerts of aig, fnm,
wamu (o wait, it’s wamu>>q<<) citibank, et al.
personally and professionally i don;t think >>anyone<< is without an
agenda.
the issue is…what >>is<< the agenda, and do you benefit or suffer
by working for/against it…
as an example of objectivity let’s take this statement about the market
size for synthetic corneas :”going blind or had vision problems that could
be rectified by a pair of corneas, I would pay just about anything.”
uhuh…so, that only says u have $$.
it is a fundamental law of econ that u cannot spend more than u have +
what others think u can pay back…unless you steal.
so, towards dd, what % of “10mm people need corneas” can get their
hands on …let’s call it, just to be as long as possible on isco….
$3000????
data? source of data?
the prudent speculator will be finding some dang way that has meaning to
him to look for such numbers.
in the course of the average week i do about 10 hours of reading ranging
from “vogue” to patent filings looking to see what active market
participants actuallly think….not what stock promoters, bucket shops, and
cult members want thought.
for instance, i can cheeerfully see isco licensing the tech so that
somebody in bumphreakistan gets eyesight, and isco gets
~$15 per event.
that might be 3mm custoimers over 10 years @????
let’s go conservative and say 50mm o/s….. 9 cents a share >>>straight
to the bottom line<<<<…
and people get to see. and isco gets to have a reasonable “fair value” of
4-6…
but pumpers don’t get houses by the lake.
and that is why so many voices on random stock boards see me as a
“basher.”
when somebody wants you to listen to their investment strategy, ask for
their agenda. If they say they have none….run away.
mine is based on observing this item of “laws of a baltbear”
“some want to be sharks, some want to be dolphins–nobody wants to be
tuna.”
if you are nobody–feel free to see if i’m available for consultation.
fd: 3 clients long isco.
and..btw…in my professional and personal opinion the odds on isco
paying corp income taxes during my lifetime are about….zilch, but the
odds on enuff gross revs to support developing i/p without more than one
more round of dilution, and further developing i/p that makes “the story”
“worth” 4 in the next couple years 1/3–but the odds on a rebound to 2
1/2 goood enuff to load up on.
that is neither a recommendation nor an anything…
it just is.
Posted under business
This post was written by admin on June 23, 2010
