LED Medical Diagnostics Inc LEDIF

NEWS - GUIDANCE NOT MET - A MISS

[bullmetal]

SO THEY MISSED NARROWLY APPARENTLY BUT REVENUE WAS THE STRONGEST EVER. ADD A KEY ACQUISITION AND THIS IS THE TIME TO ADD!

[ledrog]

bullmetal...its one thing to drink the Kool-Ade yourself, fill your boots.  But its another thing altogether to open up your own stand and try to get others to drink it.  You've been saying its time to add for ages, each time its the same... "Okay, NOW....this time its the bottom".   What happens?  Each time it goes lower.

[bullmetal]

EVENTUALLY I WILL BE RIGHT LOL I ADDED AT 13.5 THIS AM AND HAVE BEEN ADDING CONTINUOUSLY ON THE WAY DOWN. I AM HAPPY TO ACCUMULATE AS THE QUARTER SHOWED BETTER EARNINGS DESPITE A WEE MISS ON TIMING... I LUV kOOL aID TOO

[ledrog]

I think there's a good chance you will never be right......if things go as they have been, and I see nothing indicating they're ever going to change, then LMD wil keep spending more than they make in revenue, and making up the difference by selling shares.   Then what?  The PPS keeps going down as guys like you keep buying on the premise, "It has to go up big eventually

[Umpatan]

The problem is ledrog even at 9 cents it is still a gamble.  It is just that if you short it to 9 cents from 18 cents and buy the same number of shares back at 9 cents, you will be taking no risk of your own capital and will be playing with the house's cash.  But if you are only waiting to get in at 9 cents, I am sorry to say that you are still at risk.  Get less burned than

[ledrog]

I have no aversion to playing the short side, check SeekingAlpha where I write on blog under the nick Joe_Retail and my commentary on Ziopharm.....starting in March at $13+ and calling it a bubble.  With that being said, shorting a stock at $10+ is one thing.....shorting a stock trading for 14, 15 or even 18 cents....that is too much risk for this cowboy.  Say you want to make $5,000

[Umpatan]

Ledrog, I am truly confident it will not spike on me to 30 cents even.  This is absolutely impossible.  This stock does not have that possiblility in the cards.  Even 20 cents is on the bid would be a stretch.  The resistance is very clear, and I see very little risk in it.  I feel buying long from 9 cents however to be a greater risk.  Bullmetal is totally screwed as

[bullmetal]

I DON'T AGREE UMPATAN AT ALL... MY BELIEF IS THIS WILL CHANGE TREMENDOUSLY THIS YEAR. ONE KEY ACQUISITION IS IN THE WORKS AND THE REVENUE IS GROWING. IF WE CONTINUE TO INCREASE REVENUE BY WAY OF SALES AND ACQUISITION THIS WILL TURN. FOCUS ON HOW THE BURN RATE WILL CHANGE AND EYES WILL OPEN, INDUCE BUYING AND THIRTY CENTS WILL BE A POSSIBILITY. JUST MY HUMBLE OPINION.

[Umpatan]

sorry, but you need to be a little more grounded.  When I said that you should sell at 19 cents, you should have listened.  Even when it rallied back a bit, I told you that it will drop, and sure enough it did.  I don't sound pessimestic, but if anyone on this board has been watching, you can't deny that I have been right.  I am still scared to buy this stock at 9 cents

[bullmetal]

UMPA - all I was saying is Zacks guidance is way too bullish... I think we can agree on this and I do think that crude oil is a place to invest in NOW. So we actually agree on some stuff. I don't see 9 cents but our journey here is far from over. I did add a wee bit at 13.5 cents...

[ledrog]

I'll never say anything is ''impossible''....Improbable?  Yes, that's a word I will use.  The reason you won't catch me saying LMD spiking to 20 or 30 or whatever is ''impossible'' is that I've seen too many other garbage companies have their shares take off.  I believe I mentioned CYNK, I thought it went from a nickel to north of $2..