StockLemonAide

This blog is intended to shed some light on the 'investagtors' over at 'stocklemon.com'.

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Thursday, August 23, 2007

I don't consider myself to be a 'conspiracy theorist', by any stretch. I don't own, nor have ever worn a tinfoil hat. BUT.....

Things with our beloved HSOA have truly taken a turn for the weird. Just hours before HSOA confirmed my suspicions, and released the details of their Tampa project, Roddy Boyd of the New York Post put out another piece of trash on the company stating that a particular sub contractor had not been paid and the company owed him 50 large. If you are taking a course in journalistic ethics, or stock manipulation, this "story" (and it truly is a yarn) might serve as a good thesis paper:

(http://www.nypost.com/seven/08232007/business/builder_may_be_going_bust.htm)

I could spend about 10 seconds discounting this, but analyst Joe Giamichael over at Rodman and Renshaw said it best:

"Also of note to investors, there was another negative article published this morning in the Post regarding a contractor dispute. The article attempts to establish Home Solutions as illiquid and unable to pay its subcontractors. The company finished Q2 with over $4mm of cash, $51mm of accounts receivable - net of payables - and significant borrowing capacity remaining. The article is focused on a $50k contractor dispute, which should serve as a poor basis for drawing larger conclusions relative to the $50mm Q2 reported revenues and our $198.7mm FY 2007 revenue projection. Subcontractor payment disputes are very common to this industry and almost always revolve around the quality of work relative to the contract agreement. Investors should remain focused on the improving fundamentals, attractive valuation and growing construction services backlog."

The interesting thing here is that Roddy Boyd has attacked the company twice now:
(http://www.nypost.com/seven/07242007/business/retorer_business_roddy_boyd.htm)

So has Hank Greenberg:

(http://blogs.marketwatch.com/greenberg/2007/04/home_solutions_.html)


So has Jim Cramer:
"Home Solutions of America (HSOA): 'There's a monster short position ... I will not recommend this stock with the possibility ... of causing a short squeeze.'"

(http://seekingalpha.com/article/22452)

So has Nicholas Yulico, a cramer lackey at the street.com, perhaps best known for his 2nd degree felony charge that resulted from a college freak out where he and a buddy destroyed a couple of dorm rooms and severely beat some other students:

(http://www.thestreet.com/s/home-solutions-reveals-ugly-details/newsanalysis/homebuildersconstruction/10374797.html?puc=_tscs">http://www.thestreet.com/s/home-solutions-reveals-ugly-details/newsanalysis/homebuildersconstruction/10374797.html?puc=_tscs">http://www.thestreet.com/s/home-solutions-reveals-ugly-details/newsanalysis/homebuildersconstruction/10374797.html?puc=_tscs)

Ok, so what is my point? If these guys all agree about Home Solutions, it must be a really bad company, right?

What if all three of these guys had been subpoenaed by the SEC regarding previous consorted short attacks? We KNOW they run together, the SEC proved that by issuing Subpoenas. Where is the ax that Roddy is grinding this morning, just hours before the long awaited release of detailed information on the Tampa Project? Why is he so focused on HSOA?
(http://www.thesanitycheck.com/BobsSanityCheckBlog/tabid/56/EntryID/109/Default.aspx)
Maybe these media outlets are doing the bidding of a higher power? Maybe they know the other shoe is about to drop in the form of a payment of FIGA and the subsequent improvement of the balance sheet? Lord only knows, but when 3 guys who have been subpoenaed for previous work on beating down a company team up again on a different company, it HAS to raise eyebrows.

Im gunna need ALOT of tin-foil.

Thursday, August 16, 2007

Wah, Wah, Wah - Nobody can find the florida development. HSOA won't comment about it yet, citing confidentiality - probably a good idea until all of the t's are dotted and i's are crossed. Well, folks, I believe I have found the Florida property, and it appears legit, and it sounds like the zoning changes are either finalized or will be shortly.

From Stocklemon, dated July 17:

"It is now close to a month and a half after Home Solutions announced the $100 million contract in Tampa and we have finally made some progress in finding out what we believe to be the mystery project. After 6 weeks of searching up and down all over Hillsborough County for what might be this 600,000 square foot project, Citron believes we have finally found it. It seems to fit much of the criteria of what has been described to the public."

From Stocklemon, dated Aug, 1 2007:

"(and our favorite is) the whereabouts of the Tampa project, which we will now put in the same category as the Loch Ness Monster and Bigfoot. They are all merely legends that some swear by but no one can prove."

From Carl Cronan reporter with the Tampa Bay Business Journal:

(http://www.bizjournals.com/dallas/stories/2007/06/04/daily31.html)

"The Tampa Bay Business Journal, in checking with several commercial real estate sources, is yet to identify any similar projects to the one cited by HSOA that are either under way or are set to be announced within Hillsborough County in Florida."



Ok, Here we go. I believe that stocklemon actually got close on this one, but not close enough. Maybe they do know what I am about to tell you, but withheld it because this WONT make the share price decline.

In their July 17 hatchet job, they did link Brian Marshall of Fireline to a company called Craftmar. They then speculated that a 4 acre property was the site in question.

What I believe, is that Craftmar, is working with the "2006 Greater Tampa Chamber of Commerce Small Business of the Year", Genesis Group.

Here is an article describing the project:
(http://www.sptimes.com/2007/01/05/Brandontimes/Proposal_would_mean_c.shtml)

"Council Bay Farms wants to build 296 condominiums and 300,000 square feet of retail space, with another 335,000 square feet for office and warehouse uses. Before a zoning hearing master in November, Kevin Mineer of the Genesis Group described a big-box anchor tenant, with other shops and service businesses."

Here is where it appears that the Zoning gets approved:

www.hillsboroughcounty.org/htv/caption/scripts/zo070110.rtf

Here is where I think the actual land is, described in documents above as being at the SW corner of 41 & Leisly in Apollo Beach Florida (Hillsburough County). In the link below, the actual parcel is in the bottom right hand corner, so that you can see the beautiful water-front homes with private boat docks, golf courses, etc in the area.

http://maps.google.com/maps?f=q&hl=en&geocode=&q=Leisey+Road+&sll=27.830575,-82.287598&sspn=0.801529,1.2854&ie=UTF8&t=h&om=1&ll=27.754342,-82.418468&spn=0.012533,0.020084&z=16


So, HSOA acknowledged the relationship between Brian Marshall and another developer in the 10q. We are under the assumption that it is Craftmar - and we now know Craftmar and Genesis have a working relationship.

This property is being worked by genesis, and is the right size and in the right area to match the HSOA PR stating the initial details of the project. I say the project is the real deal - Genesis seems to be top notch, and everything appears to be flowing just fine. Another Stocklemon Myth Busted!!! (like that is so tough... lol)

Monday, August 06, 2007

"Stay focused on the message not the messenger." - Andrew Left in his conferece call regarding the state of affairs at Home Solutions of America. Listen Here


How, exactly, do you expect us to do that Andrew? For example, in your report "The Sound of Silence...", Dated August 1, 2007, you state:

*****************
But is seems that this problem is just not limited to Tampa. Look what we found is going on in New Orleans under the watch of Roy Marshall: http://www.pier8condos.com/updates.php (read the July 20th entry)

“Effective Monday July 16th, the Board of Directors of Pier 8 terminated the services of RG America and Fireline. The reason was due to their ability to pay vendors working at Pier 8. The Board will not tolorate the issue of unpaid vendors in the future.”

Fireline not paying its vendors has already translated to lawsuits. As we can see from this link to the Hillsborough County Courts, this month alone Fireline became the defendant to 2 new lawsuits. This liquidity crunch can not be ignored by investors.
*****************


The funny thing about this, is you seemed to scroll right past this update, posted on the very same site:

(http://www.pier8condos.com/updates.php)
"07 - 27 - 2007

The Association has not made a formal agreement at this point in time to complete all repairs.

Michael Cox and Don English are still onsite pursuing the completion of all repairs. The Association paid all the vendors currently owed money this week in order to keep the work force on site."

So, Whats the deal, Left? You continue to post 1/2 truths, even when you had to have read that update, which was dated almost a week before you made your post. It is clear from that statement that money was owed by the association - when they paid, the subs got paid, and the HSOA boys are still on the job. Whats wrong, doesn't that fit your short thesis?

Friday, August 03, 2007

Wow - Jeeze lefty, what happened today? With your groundbreaking release this morning, promising a 'conference call' on HSOA Monday, you would thing HSOA investors would be fleeing like rats from a sinking ship!! Couple that with a near 300 point decline in the DJIA, and you would think people would really be panicking!!

LOL Not quite!! HSOA closes up 3.05% at 5.40 on the day that Stocklemon threatens them with their bogus CC.

Desperate times call for desperate measures.

Is ole' Lefty posting up his actual positions for the world to see?

http://www.tipstraders.com/tipster.php?id=414&lm=20

This website seems to be a place for traders to post up their trades and show the world how brilliant and successful they are. Here is the fine print from the bottom of the page:

"The picks above are, unless otherwise stated, entered by registered members of TipsTraders.com in accordance with our general methodology and respecting any proprietary rights"


Ok - so if this IS stocklemon tracking their own trades, it looks like they have 3 open positions in HSOA:

06/19-07 6.05 08/01-07
10/19-06 5.12 10/23-06
08/16-06 5.71 09/14-06

Assuming that these are equal weight positions, at the current trading price of HSOA which is $5.30, and considering Stocklemon's average price is $5.626 - they are up about .32 minus any interest they have been paying to hold the short position. Anyone who has watched trading over the past couple of days has seen very strong resistance in the $5.50 range. But just this week, HSOA got new Analyst coverage, and has rocketed up almost 25% off of recent lows.

Of course, stocklemon has been very active this week, posting another of their garbage reports, and in a stocklemon first, announcing they are going to hold a conference call to discuss "the current state of affairs at HSOA". LOL ARE YOU KIDDING ME?? HOW DESPERATE ARE YOU LEFTY? LOLLOLOLOLOLOLOL

Anyone who has spent more than 5 seconds in the past 2 weeks consuming any type of financial news knows that the big drag on the market right now is a 'credit crunch', which originated with the sub-prime home lenders. Lots of hedge funds are getting margin calls right now, and are liquidating assets for pennies on the dollar to stay solvent. It is truly amazing how quickly a leveraged trade can turn against you - and my speculation is that Left had lots of shares short sub $5.00 (that he is not tracking on tipstrader.com) against HSOA over the last 30 days, and I also would bet that HE IS HIGHLY LEVERAGED. With margin requirements being ratcheted up, my best guess is that ANDREW LEFT AND 'CITRON' ARE FACING A HUGE MARGIN CALL, AND ARE DESPERATELY UNDERWATER WITH A LEVERAGED TRADE THAT RAN AGAINST THEM WHEN HSOA RECEIVED NEW ANALYST COVERAGE ON MONDAY OF THIS WEEK.

Their only hope now is to hold a "conference call" that will drive the price down to a level where they can cover. HSOA reports earnings on Wednesday, August 8th, 2 days after the stocklemon event. Andrew Left knows that he is facing several catalysts that could easily return the stock back to the recent $8+ level - and if he cannot cover before that call, he will be toast. The analyst coverage was unexpected, and has most likely seriously jeopardized Left's ability to cover his short position.

Furthermore, STOCKLEMON IS REFUSING TO TAKE LIVE QUESTIONS DURING THEIR CONFERENCE CALL!!!!! WHY LEFT? WHY CANT I CALL IN AND ASK LIVE QUESTIONS? WHY CAN'T WE ASK ABOUT TOPICS THAT ARE RELEVANT TO US? WHY DO YOU NEED TO HAVE EDITORIAL APPROVAL ON ALL QUESTIONS THAT ARE TO BE EMAILED IN ONLY??

From the PR of the stocklemon 'conf call':

"Citron will also hold a Q&A period. Citron will answer all substantive question.
All questions must be emailed beforehand to questions@citronresearch.com"

Stocklemonaide has already proven that Andrew left is a LIAR and a THIEF. Now he, himself, has proven that he is a COWARD, and most likely desperately trapped in a leveraged short position, and facing massive losses.

Folks, I think it is time to SQUEEZE THE LEMON!!!

Just a quick refresher course on Lefty:

1.) It seems Andrew Edward Left stole 6 checks when he left his position as CEO of detour media group, and cashed the for $25,000 the same week that stocklemon.com first appeared:

http://stocklemonaide.blogspot.com/2006/06/why-spend-your-own-money-when-you-can.html

2.) Andrew Edward Left was BARRED from the National Futures Association for
"Making false and misleading statements to cheat, defraud, or deceive a
customer"
http://www.nfa.futures.org/BasicNet/Details.aspx?entityid=0251031

Simple question - Why believe anything this guy says?