AI
Friday, October 24, 2014 7:25:02 PM
$SWRF: What a ride this week has been. I entered this stock after studying a Triple Zero play and SOOOO happy I found it. SoOum looks to be a great business but I entered for the hope to see close to pennies.
Here is what I've seen for the week:
1. SoOum and its managment wouldn't want to pull out of the deal. Could cause for a messy start up if they did back out. Their resume speaks of a solid commitment to the shareholders of the company and the ability to raise capital in the future through the company. It doesn't look like they need the money now. This seems to be a solid play for their long term goal.
2. SWRF has been fully reporting forever. I don't think there has been any underhanded work here or it would have shown up or been reported a long time ago. Everything seems to be reported on the public files. The Q is due within the next 30 days and should speak volumns and hopefully answer many questions.
3. October 30th is 6 days away. Who in their right mind would place a closing date with a new company which has contracts and much to lose if they do not close by then?
4. IR stated the Reverse Split would be October 2015. Great strategy. Let the news of SoOum's growth move the price to pennys then RS to dollars. This would make a great uplist to the QB or even the AMEX!!! IMO, that's where I believe this could go. It was once there and could be again. Sure many people may not be happy when the RS happens but the next 12 months could be fun to play. At these prices...WTH...Roll the dice.
Well, those are my end of the week thoughts...Back to my wine... Hopefully pick up some 2s on Monday... HEY SOOUM...HOLD OF ON THE NEWS TILL MY ORDER CLEARS ON MONDAY...
Here is what I've seen for the week:
1. SoOum and its managment wouldn't want to pull out of the deal. Could cause for a messy start up if they did back out. Their resume speaks of a solid commitment to the shareholders of the company and the ability to raise capital in the future through the company. It doesn't look like they need the money now. This seems to be a solid play for their long term goal.
2. SWRF has been fully reporting forever. I don't think there has been any underhanded work here or it would have shown up or been reported a long time ago. Everything seems to be reported on the public files. The Q is due within the next 30 days and should speak volumns and hopefully answer many questions.
3. October 30th is 6 days away. Who in their right mind would place a closing date with a new company which has contracts and much to lose if they do not close by then?
4. IR stated the Reverse Split would be October 2015. Great strategy. Let the news of SoOum's growth move the price to pennys then RS to dollars. This would make a great uplist to the QB or even the AMEX!!! IMO, that's where I believe this could go. It was once there and could be again. Sure many people may not be happy when the RS happens but the next 12 months could be fun to play. At these prices...WTH...Roll the dice.
Well, those are my end of the week thoughts...Back to my wine... Hopefully pick up some 2s on Monday... HEY SOOUM...HOLD OF ON THE NEWS TILL MY ORDER CLEARS ON MONDAY...
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