Watching Worms Squirm…
Tuesday, August 17th, 2010Want some great comic relief for the trip up to St. Louis? After the events of last week surrounding YTB and the stock jumping up in price, I decided to do some poking around on the internet to see what was being written about it this weekend.
Honestly, not much. Sure the stock tripled in just a couple of days, but when the price starts at 4 cents a share and climbs to 24 cents, there’s not much to talk about when compared to other stocks.
For Zealots however, little ol’ YTB appears to be the only thing that matters. (A company that controls them by living “rent free” inside their heads.)
Anti-YTB Zealots tend come out of their holes when things like this happen in an attempt to keep their illusions in check. While the folks of YTB and ZamZuu are busy gearing up for another Convention in St. Louis to educate themselves and celebrate another year – Zealots (who just can’t help themselves) get really nervous and vomit some real whoppers in an attempt to curb momentum.
This year however, unlike years past, (for those of us who take the time to pull up the historical pricing) there was a huge run on the stock last week. Was it pre-convention news? Possibly. YTB’s Q2 earnings report? Maybe. Or have people have finally caught on the zealots are full of themselves? (Most likely.)
What busted my gut over the weekend was reading the wreckage anti-MLM zealots left in the wake of the events. When the stock started it’s upward trend at the beginning of the week, I can only imagine how their palms began to sweat – and eyelids began their uncomfortable twitching. By Thursday morning the “head worm” couldn’t take it any longer and posted something in order to satisfy the uncontrollable twitching. Anyone who takes the time to post something like this over a $0.05 increase (as of Thursday morning) – simply shows how nervous, obsessed and irrational some idiots are over Direct Sales and Network Marketing.
Excuse me, that’s “pyramid scheme” according to them.
Oh, but wait – it get better.
The eye twitching turned into a full blown panic attack by 11:00 am that morning after the stock doubled in price once again. Clueless as to what was going on, the worm copied and pasted some screen shots of the 139% increase since his lame attempt to squash the stock failed to catch any traffic or traction. (How dare anyone not take heed of the Great and Powerful Man Behind the Keyboard.) Of course, it could have gotten plenty of traffic, and those who know this guy’s history – most likely took bets in the opposite direction. (If I had read it that morning, I sure would have bought more!)
By 5:00 pm that very same day – the mornings confusion and quote “Not sure what is going on” magically turned into “all so predictable” after 2 million shares were traded that very day when the financial were released after the bell. A flip flop that would have made John Kerry proud! (Did this guy not read what he posted just hours before?)
In all for the day – six separate posts that day all surrounding little ol’ YTB.
Too funny. Who has time for that? (I’m not talking about just writing it – but reading it!!)
For the record, the last time “predictable” YTBLA traded even close to 2 million shares in one day was August 12, 2008 when investors went running for cover thinking California’s Attorney General understood the difference between a legitimate business model and pyramid scheme. (We now know much different – he’s just as clueless as the worms.) The only other time prior to that was when YTB posted it’s first yearly profit – nowhere close to Convention but in April of 2007.
And that’s a trend this Goof calls “predictable”!
I have to give these liars some credit however. They remembered how they spewed illusions that there aren’t any Directors left in YTB to “pump and dump” the stock. Nope. Because they can’t use that as an excuse any longer when stock climbs a few cents a share, they decided to lay it out on Coach, Scott, and Kim! They’re the ones who are pumping up the stock before convention.
How? Well according to the head worm, they terminated their “employment” earlier this year, and are free to trade all they want. (My guess, based on how clueless he is about THAT idea, is so they don’t have to file a Form 4)
Let’s say (for like – a nano second) this worm is right about Coach, Scott, and Kim not being employees of the company. There would still be a Form 4 to document the trades regardless.
Why? Because Coach is still a 10% shareholder and Scott and Kim still reside on the Board of Directors until at least 2012. Until a Form 4 is produced showing even a single share of stock being traded by any of the three – the worm is simply squirming for an answer that will fit into the hole he’s created for himself. It’s a far better alternative than using common sense, logic, or reading actual documentation.
Poor guy – that would just be far to much to handle for a zealot like him.
With so much activity on one blog, the only other place I bothered to check in on was the Yahoo Boards which you just have to love for the simple reason that nobody who posts there owns a single share of stock. Funniest comment I read there over the weekend was some arrogant snot who thought the board was worth reading. Like anyone in YTB or better yet, an investor, would take any of these no name cowards seriously. The one guy who did stand up for the company (sort of) didn’t stand a chance after he misspelled his own name. (Like that has anything to do with stocks.) After that, the guy didn’t have a chance because that’s all the compost the worms needed to chew him up and extract him out the other end.
The rest of the holes these guys may have crawled out of could be better or worse – but I couldn’t tell you. Same story most likely – as they all follow the “head worms” with “baited” breath. (Poor saps have no idea they’re being baited.) Just more no name cowards who think they talk a good game, but end up looking as dumb as the dirt they squirmed out of. Nobody with have a brain really cares to participate in that kind of stupidity, ignorance or childish behavior.
Nope – the smart ones will be heading to St. Louis to celebrate another year that never should have happened.
The worms? They’ll eventually crawl back into the holes they came from after a while. Right now St. Louis is the place they’ll be in mind and spirit this week.
Funny how they wouldn’t touch this company with a ten foot pole – but it sure takes up a lot of energy and time digging holes for themselves.
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