06-13-2013, 01:48 PM
1995 Vangorilla March 2 2013
You hit the nail on the head Sons.
The company is on the verge of generating big revenue but the share price isnt reflecting that..and that isnt due to lack of volume.
McDonald has a 11 yr vendetta against Steve or this company and he's like a pit bull that wont let go.
When he shorted this company they didnt have the steady revenue stream (with great profits) they do now. The company is completely different but he's maintained a short based on their old business.
I go back to my "boiling frog" metaphor that paints the picture of the inability of people to react to significant changes that occur gradually...McDonald either doesnt want to acknowledge this, accept this or he realizes that there is no way he can cover the shares he's short at this point.
His pockets are deeper than any institutions that have bought or are buying. Having a small mkt cap can be a blessing or a curse.
The problem here isnt DSNY's progress, it's an endless seller.
The company could offer a special stock dividend in Clipstream and then he's cooked but dont think that's the way to go.
I do believe that if or when the short is forced to cover this could be a very Big stock.
On another note..maybe we should thank McDonlad for allowing us to get a position at such a cheap price. There is no way this company would be valued at $40m if it wasn't for this guy.
Yes..a little schadenfreude would be a nice thing to share here.
Ja wohl!
The company is on the verge of generating big revenue but the share price isnt reflecting that..and that isnt due to lack of volume.
McDonald has a 11 yr vendetta against Steve or this company and he's like a pit bull that wont let go.
When he shorted this company they didnt have the steady revenue stream (with great profits) they do now. The company is completely different but he's maintained a short based on their old business.
I go back to my "boiling frog" metaphor that paints the picture of the inability of people to react to significant changes that occur gradually...McDonald either doesnt want to acknowledge this, accept this or he realizes that there is no way he can cover the shares he's short at this point.
His pockets are deeper than any institutions that have bought or are buying. Having a small mkt cap can be a blessing or a curse.
The problem here isnt DSNY's progress, it's an endless seller.
The company could offer a special stock dividend in Clipstream and then he's cooked but dont think that's the way to go.
I do believe that if or when the short is forced to cover this could be a very Big stock.
On another note..maybe we should thank McDonlad for allowing us to get a position at such a cheap price. There is no way this company would be valued at $40m if it wasn't for this guy.
Yes..a little schadenfreude would be a nice thing to share here.
Ja wohl!
2009 timorr
Just received a email reply from Steve Vestergaard .I mentioned that I was a little disappointed in last weeks share price action but was hoping he would keep us informed on sales of Clipstream 2. He said they were concentrating on the fundamentals including earnings and he believed big things are in store. He said he would keep us as informed as he could.
2018 DoughDiligence March 3 2013
Maybe so. I only knew about the last one which is mentioned in the December announcement.
'Under the previous plan, which expired June 30th, 2012, the company repurchased and canceled a total of 2,155,895 shares.'
http://finance.yahoo.com/news/destiny-media-renews-share-repurchase-050500047.html
'Under the previous plan, which expired June 30th, 2012, the company repurchased and canceled a total of 2,155,895 shares.'
http://finance.yahoo.com/news/destiny-media-renews-share-repurchase-050500047.html