You're listed as a Moderator, yet this post is something that a Yahoo stock trader wannabe teenager would put up. And your fellow moderator chimes in with his clueless approval. I asked you: "Did you read the latest SEC filing?" Your response was: "I have read that." Yet you wantonly post a link to something about a company that you know full well is not the same entity that was just aquired by MNCS. What is your agenda for intentionally posting a suggestion that you know to be fully erroneous and defamatory?
I have no agenda and no position in this company. if you guys are so convinced go ahead and load up on this.
First of all, I don't speak "for the guys" and where did I even remotely suggest that I was "convinced?" Second, you're evading the question and I'm now pressing you to answer. Further, if this is a tuber, there should be plenty of factual dirt to dig up, making your post even more suspect. Perhaps you better check with Baron; a regular member's posts ET cannot be held liable for. However, I would submit that an agent of ET may open the door for that kind of jeopardy.
So...let me get this straight.You guys are on the board posting that you think this is smoke and mirrors,pure hype news releases,then you post a link to an April 2000 litigation involving some company that is clearly NOT Nice Cars. If your honestly looking for current info on Nice Cars, Mr. Ray Lyle, the principal shareholder of Nice Cars prior to the acquisition, is well known in the industry and has won several awards. He was elected National Quality Dealer of the Year in 2005 by the 22,000 member National Independent Auto Dealers Association. Most recently, the Chattanooga Free Press named Nice Cars the 'Best Used Car Dealer' in their market area survey of all new and pre-owned dealers. He is a featured speaker at the National Buy Here Pay Here and Special Finance conference in Las Vegas this weekend ( Oct 2006) that is to be attended by over 2,000 dealers". I offered that I'll phone Nice Cars on Monday to confirm that the transaction has closed and you, for some reason say that would not be sufficiant to convince you. If Nice Cars confirms the transaction,then it proves that MNCS is indeed Nice Cars and Nice Cars Acceptance corp. and has; a) $300,000,000 line of credit ($275,000,000 left) b) a chain of six car dealerships with sales of $76,000,000 last year, and on track for $112,000,000 this year c) $100,000,000 in receivables d) a shareprice that is ridicously oversold e) a business plan in place to put multiples of the above numbers onto the bottom line as more buy here/pay here businesses are acquired (assuming they can close more) Then again you could save me the dime and confirm that you guys have already made the call and confirmed that MNCS is the owner of Nice Cars and Nice Cars Acceptance. Why are you going so far out of your way to obscure the truth? I wonder what you motivation might be...lol, only kidding, I think everyone is starting to understand what your motivation is. I believe the company is legitimate and will move much higher. Do your own DD GLTA
Just for clarification: Actually, the poster you're responding to didn't post that link. The party that posted it is a Moderator of Elite Trader. That Moderator stated that he read the last MNCS SEC filing, the 100 plus page 8-K of October 11, 2006. So this Elite Trader agent is fully aware that the dealership organization entity acquired by Manchester, Inc., Nice Cars, Inc., is not the A Very Nice Car Co., Inc. invloved in an SEC action that he posted the link to. It's immaterial what Manchester is or will turn out to be, good or bad. What is material is willfully posting knowingly bad information. That job should be left to the riff raff of ET, not it's moderators.
Agree Max. There should be oversight when discussing a company on a forum in general. A Manchester represnetitive could possibly see comments posted here and sue for libel and this forum would be in trouble.
I have achieved my goal. I have encouraged the imbeciles to show thier true stripes, lest someone take anything posted here seriously. Success!!
I suggest you write a PM to Baron as well as click "complaint" and mention the size of the graphic. That's how the last one got taken off.
hmmmm. Would it be alright if I complained about the promotion of an obvious fraud on ET? By suspect posters. Nah, why bother. I have no control over the graphic size I link to , just like I have no control over stock manipulators. I can only mock them, in advance of the stock collapse and after. As I have done. If anyone doesn't like it, then I suggest yahoo or raging, where they enjoy being duped.