RE:RE:SIO July 31st
Brother hedge,glad you dropped by,i was starting to feel like a lonely loon in a lagoon full of Bacardi Gold talking to the Tech Gods all by mself :-)).
1) As you know I am for everything and anything that mentions the words "SIO-Sensio",being through blogs,articles,NRs or whatever.
All I said is that Bruce Campbell does not know or did not explained SIO like it should have.
If you listened to the clip you have to agree,one thing is to mention SIO another is to explain it.
He is in love with the concept but he does not know the mechanism or the heart.
WE dont have a deal with Samsung to show 3DGo we have one with Panasonic ad LG.
WE have the technology to allow to rent 3D movies,ok,talked about glasses ok,number of users ramping up ok,deal with WiLan signed Panasonic ok,where was Sony?,users stagnant ok,covering all expenses with the WiLan deals in the next 12 months ok but a BIG NO from me,there`s no way,and so on.
But where was the mention of SIO Hi-Fi,the Blue Ray quality that will not exist,I don`t imagine that you`ll say that when you are pumping a producy plus all the other things.
So it`s good he mentioned it for the third time but again check all the clips and he does not know the Company,he loves the concept, some Junior Manager runs this part of his Fund and he is the face, so good he talks and makes people aware,but if they do their DD they realize there`s more.
Also again this last caller just bought SIO because Bruce mentioned it and now he was asking if he should sell it because it went down 17%, meaning BNN still has that power and that`s what I was refering as a not good thing.
Also remember that you can love thing and still be frugal,we don`t know much about him-SIO.
I put the numbers yesterday about his last three talks but if you combine them it comes to 17 million shares traded.
ANON sold 8.285.000 and Beacon 4.180.000 or over 70%.
ANON-BEACON-TD bought 9.000.000 or over 50%,just numbers.
To end part one,this old buyers selling are making huge profits if they bought in the 0.06-012 range and there are still millions of shares and warrants,there are still old bleeders out there but not as many going back to the trading orgy just past.
2)I firmly believe that BEACON`S
crosstrades are to create volume and give a false sense of activity.
Here we go with "your understanding" and "my facts",we can take our pick.
BEACON came out of nowhere on March the 12th with the SP at 0.10.
By April 7th the SP was at 0.20,and they had accumulated over 6.000.000 net at an average of 0.15, you know the rest,since then they are even.
If you believe or your understandings are that "they acquire positions in the market and then once they buy enough shares they transfer them to other accounts or buyers. Nothing nefarious there,that`s ok with me even though I don`t agree.
BEACON`S numbers since March 12th:
| House Positions for C:SIO from 20140312 to 20140801 |
| 87 Beacon |
23,931,500 |
5,398,681 |
0.226 |
17,406,000 |
4,576,610 |
0.263 |
6,525,500 |
-822,071 |
3)I can`t explain why Karam sold half his shares the other day,but depending when he bought them,it means a nice profit but does he need it?.
He had bought 1.000.000 to show faith,also remember the new pay schedule for BOD members and his is the highest.
Cheers.