Post by
redoctober777 on Dec 29, 2010 3:30pm
REV = "HOWE STREET HUSTLE"
As Kenbull has so articulately stated, REV is controlled by the firms on Howe Street.
For happiness in 2011, accept the fact that REV is a pure financial play, albeit a penny ante financial play, or else you will be played.
REV is NOT a buy and hold stock. It's a game, played with loaded dice. And the game has "rules" and the rules of the game will reveal howe REV will behave in any given situation. In retrospect, REV's behavior in 2010 is exactly consistent with the rules of the "Howe Street Hustle." Expect more of the same in 2011. (By playing by the rules in 2010, I was able to put a small dent in my losses in REV. I had bought some short term shares at a nickel and sold at 17 cents.)
Howe-ever, the end game gets ugly. When the last vestige of false credibility has been drained from REV, and when no amount of rumor mongering and head-fake stories can generate sufficient false expectations to make the stock price move (i.e., when they run out of suckers) then the game will be over and the stock will be de-listed, but not before they drain the treasury. Now that the cat is out of the bag and RW's cover has been blown, we may not be too far away from this happening.
One possible end game gambit is for REV to generate enough paper "indebtedness" (for example, fake financing to drill additional dry holes in Louisiana) and then declare bankruptcy and "sell off all the assets" and drain the treasury to pay the "creditors," which could be in cahoots with certain persons associated with REV, so the stock becomes immediately worthless and the REV treasury is drained to pay off "the principals." I'm not saying that's for sure going to happen, but it doesn't seem like rocket science to me. Simple. Clean. And it's "LEGAL!!!"
It doesn't matter whether you agree or disagree with me. I didn't makethe game. I don't make the rules. It is what it is. Accept it asreality and make some profit or disagree and lose your shorts (or longs as the case may be). It will end ugly for "the little people." But not for "them" ("the big people").
REV is not the only bogus game in town. For some very entertaining reading, go to
"www.citronresearch.com". REV is small potatoes compared to some of the scams described therein.
HAPPY NEW YEAR folks.