B presents a stock as an example of his approach to stock picking because (he claims) some of his listeners were bugging him about it. Actually B is pumping LD Holdings, the penny stock that he and the BH Group are involved in. He's saying he thinks it will go from a quarter to $9. B doesn't mention that he's part of the marketing team, nor does he mention the company's assets and liabilites which are not too attractive.
http://investing.businessweek.com/research/stocks/financials/drawFiling.asp?formType=10-K
Nor does he mention the high risk nature of investing in penny stocks due to stock manipulation and illiquidity. Nor does he mention that it already spiked to the $1 range earlier this year after the BH Group started pumping it, only to fall back to the 20-30 cent range. I would like to see B actually pick a stock for us that's listed on NASDAQ, AMEX, or the NYSE ... a stock that's harder to manipulate that will actually increase in value as a result of strong fundamentals and not hype. I'm not holding my breath, though.
I have suspected all along that B's strategy was to present himself as a dinar authority in order to develop a following, and then pump other investments to those followers. Well it seems that my suspicions are proving valid. First it was lower denoms through The Treasury Vault (at a considerable markup) as a hedge against the lop (utter nonsense since all denominations are demonetized in a redenomination). Then it was the ISX Report which displayed his company's name on the PayPal page when you order it. Then it was REIC, the MLM real estate scheme. And now this.
One wonders if B's followers will finally wake up when LDHL leaves the majority of them with a substantial loss? Again, I'm not holding my breath.
http://www.youtube.com/watch?v=Fy-CSMCxIO0&feature=plcp
http://dinardouchebags.blogspot.com/2011/10/breitling-busted.html
http://dinardouchebags.blogspot.com/2012/02/breitling-catalog.html
B announces an upcoming public appearance in the Phoenix area around the first of October. He says it's for REIC (the MLM real estate company he's involved with) but invites his listeners to just come and hang out with him. I can't help but wonder if he'll still be inviting his followers to come hang out if Iraq lops?
B says it's important to have a two year food supply. My understanding of the Mormon Church's (B's affiliation) policy on food storage is that they recommend one year of food supply on hand, so it's curious why B is saying 2 years. I can't help wondering if he's putting together a food supply plan to sell people? You're so cynical, Sam.
B talks about all of the options that Iraq has on the table. He says that they could go up several little pips or one big pip. A "pip" represents the smallest amount that a currency can move, so there's no such thing as a big pip. It's like saying the price of a product can go up one big penny.
B says he has a special deal worked out with guys at Bank of America for cashing in, and that he'll be able to get the best rates out there. He promises that he's not going to make a dime off the transaction, but you have to sign up on his email list to get in on it. AHA!!! There it is! This is the same technique that Adam Montana uses to get people to buy into his VIP program. You can only get the best rate by sending him (Adam) your $200/yr or whatever it is. Methinks maybe B is using the fear of losing out at cash-in to motivate people to send him their email address so that he will have a larger base to market his crap too. This is modern Marketing 101. Get their names and email addresses.
Folks, bankers know that the idea of making a fortune off of the dinar is nonsense. Anytime you hear somebody saying that they've got a deal arranged with bankers you should run away as fast as your feet can take you. Don't believe me? Do your own research. Go to a few banks and talk to some bankers about your dinar. Ask them what kind of deal they can give you. I'll tell you what kind of deal they have. Leave now and we won't call the funny farm. That's the deal. There are no deals because there's no cash-in coming because there's no big RV coming. I'm not a banker or an economist and I figured it out. Surely people who earn their living dealing with exchange rates and currency are going to understand.
http://www.youtube.com/watch?v=ZgzQZkhmJEI&feature=plcp
http://dinardouchebags.blogspot.com/2011/10/breitling-busted.html
http://dinardouchebags.blogspot.com/2012/02/breitling-catalog.html
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