GREY:LBEFF - Post by User
Post by
doingthejobon Jul 02, 2011 7:31pm
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Post# 18790523
Nickel77 Sees LBE Going To 2 Cents!
Nickel77 Sees LBE Going To 2 Cents!Nickel77, who frequents the ISM BB and follows RM like a puppy dog, did not refute LBE going to 2 cents on multiple occasions. I really think, for the first time, that Nickel77 has come to the realization that LBE is doomed and the original slate of pre-JJ shareholders are likely to get nothing for their investment in LBE. It is really a sad day for LBE as the world economy continues to erode, and the Chinese are officially distancing themselves from the US buck that we are probably in for some significant economic turbulence going forward. Dr. Gary Nash credibility took quite a hit when it was revealed that he sold a large portion of his LBE holdings before it was announced that he was being removed from his post knowing that it would most probably impact LBE share price in a very substantial way. The LBE bagholders that I refer to as the ISM "foot in the mouth gang" are so angry at RM's successful play of UMJ at not purchasing 20% of LBE at an average buy-in of 10 cents per share, but forcing the UMJ CEO RS to call in favours investing the capital at up to 24 cents per share, that they are blinded by their anger of RM's success. I have not posted here for awhile as LBE's fate seems all but doomed, but your renegade LBE bagholders need to have a reality check that RM, and ISM are moving on with their debt free positions and a handsome return on their UMJ investment as LBE continues to sink to 2 cents a share!