As Web's World Turns

[Websman]

I bought my BMW from Carmax.. www.carmax.com

Ticker symbol KMX... I like the potential in this company . I think I'll add KMX to my watchlist for a possible entry on a pullback.

[billyjoe]

Webs,

I bought 2 cars off ebay, 1 good , 1 bad. Also bought 2 cars from autotrader.com , 1 good , 1 bad.

-----------billyjoe

[peanuts]

I bought my BMW from Carmax.. www.carmax.com

Ticker symbol KMX... I like the potential in this company . I think I'll add KMX to my watchlist for a possible entry on a pullback.

I like the technical aspects of this. I need to look at the financials and fundamentals. Here's my TA take:

Looks like a breakout today, but lacks volume. Nice close.

Also, sweet ride dude.

[B.J]

We're buying a 2004 BMW X3 this weekend for my wife. From what I can tell it seems to be a fairly reliable and highly rated vehicle. Has anyone had any experiences with BMW's? Good or bad... Let me know.

Congrats, Webs! Stock picking has treated you very well I see.

[Websman]

Congrats, Webs! Stock picking has treated you very well I see.

I wish it was that good...jejeje

I never spend my stock money. It just keeps accumulating. I hope I'm not as bad as my Grandpa in Roanoke was. When he died he had shoe boxes stuffed full of money and had around $200,000 in the bank, which was a lot of cash back in the 60's. I was just a baby Vulcan...I don't remember him at all....just what I've been told and through pictures. I didn't see any of the cash, but I do have some old silver dollars that he left behind.

Of course...He would have probably never bought a BMW.

[New-born baby]

I wish it was that good...jejeje

I never spend my stock money. It just keeps accumulating. I hope I'm not as bad as my Grandpa in Roanoke was. When he died he had shoe boxes stuffed full of money and had around $200,000 in the bank, which was a lot of cash back in the 60's. I was just a baby Vulcan...I don't remember him at all....just what I've been told and through pictures. I didn't see any of the cash, but I do have some old silver dollars that he left behind.

Of course...He would have probably never bought a BMW.

Why have it if you don't use it?

[New-born baby]

Kmx

KMX chart does, indeed, look so nice except . . . .

[Websman]

Why have it if you don't use it?

Because it's cool to have cash in shoeboxes and some in the freezer, and in the basement, etc....

Which reminds me of a joke...

A man dies and leaves a box full of money in the attic, so he can take it with him when he goes. After his funeral, his wife goes up in the attic and finds the money is still there. She looks at it for a moment and says to herself, "I told him he should have put it in the basement!"

[Websman]

I knew this day was coming. I took my profit in DHB as soon as I noticed the huge insider sells...
Trading rule #12 - Always sell a stock when insiders start dumping.


Former executives of US body armor firm arrested
Thu Aug 17, 12:55 PM ET


U.S. authorities arrested two former top executives of a major body armor supplier to the U.S. military and law enforcement agencies on Thursday and charged them with criminal securities fraud and insider trading.
Federal prosecutors alleged former Chief Financial Officer Dawn Schlegel and former Chief Operating Officer Sandra Hatfield manipulated DHB Industries Inc.'s books "to reap millions of dollars of profits through insider trading."
The lawsuit was a fresh blow to DHB. The U.S. military last year recalled thousands of protective vests sold by DHB's Point Blank Body Armor Inc. unit on quality concerns.
The company was recently delisted from the American Stock Exchange. Last month it placed Chief Executive David Brooks on indefinite leave pending the outcome of investigations.
Shares in Pompano Beach, Florida,-based DHB were down 2.6 percent at $3.00 each at midday in Pink Sheets trading.
Prosecutors on Thursday accused Schlegel and Hatfield of inflating DHB's earnings and profit margins between 2003 and 2005 to meet Wall Street expectations.
The two former executives also sold thousands of DHB shares "based on inside information, netting a profit of over $8 million," prosecutors charged.
U.S. Attorney for the Eastern District of New York Roslynn Mauskopf said, "As a result of the fraud scheme, the investing public lost millions of dollars while the defendants lined their own pockets with a fortune in ill-gotten gains."
Attorneys for the two former DHB executives could not immediately be reached for comment.
The charges in the criminal indictment carry maximum sentences of up to 25 years in prison and a $250,000 fine. Prosecutors said they are also seeking forfeiture of $8 million in assets belonging to the defendants.
The Securities and Exchange Commission said it also charged the two former executives with civil securities fraud.
The SEC said Schlegel and Hatfield "routinely overstated the value of the company's inventory and directed the booking of numerous fraudulent journal entries in order to reduce the company's cost of goods sold."
"By manipulating DHB's gross profit margin, Schlegel and Hatfield knew that investors would be given a false portrait of DHB's operating results," said SEC Enforcement Division Director Linda Thomsen in a statement.
The SEC said its investigation is continuing.

[JohnHenry]

I've been extremely busy with remodleing and lanscaping projects around the house... so I've been a little absent minded.

I didn’t know Vulcan’s do household tasks, drive, and can be absent minded! lol

[Websman]

I didn’t know Vulcan’s do household tasks, drive, and can be absent minded! lol

Vulcans are multi-talented.

[Websman]

The Vulcans remain in cash. Will we ever trade again???

The answer is yes...

We will trade again as soon as the conditions are acceptable. In the meantime, we will watch our money grow in an interest bearing account.

[IIC]

Vulcans are multi-talented.

I heard you can do really wonderful things with a vacuum cleaner...I read it on the Internet so it must be true...IIC

[Websman]

I heard you can do really wonderful things with a vacuum cleaner...I read it on the Internet so it must be true...IIC

Vacuum cleaners suck...jejeje

[Rob]

Webs, I don’t know if you noticed our humble, little community on the national news within the past few days, but we had a tragic incident, in which an inmate, being taken to a hospital for treatment, grabbed the gun of a deputy who was transporting him and, in the process of escaping, shot a hospital security guard. According to a story in the Richmond Times-Dispatch, the escapee/muderer’s “hands were not cuffed together and his legs were not shackled,” due to wrist and ankle injuries he claimed he had suffered from a fall. The security guard died, and so did an officer whom the scum bag shot while ploice were engaged in his hunt and apprehension.

My wife works in a hospital and tells me she sometimes finds herself riding in the same elevator with a cuffed and shackled inmate being taken for medical treatment. I hope that if you ever transport inmates to wherever, you always keep them bound hand and foot. If not, you and/or others could wind up dead.