Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.
Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.
Bought this at .029
Turned $500 into $120 of dead money in a dormant stock. I'd say live and learn but it's a mistake i have repeated too often, Getting caught up in hype.
God bless Sandra, and her eternal optimism, but i can envision this board four or five years from now, CACH's stock symbol or registry status or whatever it is, still not taken over by a new company filing and situation unchanged, and her posting "hold your shares!" "Know what you own!"
Bought this at .029
Turned $500 into $120 of dead money in a dormant stock. I'd say live and learn but it's a mistake i have repeated too often, Getting caught up in hype.
God bless Sandra, and her eternal optimism, but i can envision this board four or five years from now, CACH's stock symbol or registry status or whatever it is, still not taken over by a new company filing and situation unchanged, and her posting "hold your shares!" "Know what you own!"
Today's volume represented 1/20th of all shares issued, pretty impressive! And I see that as a definite positive.
I am surprised a bit that it mostly edged sideways and didn't shoot a little farther northward as a result of that kind of volume.
Twenty years into the game for me, off and on, have come to the conclusion that every stock moves differently so as to defy exact predictions. But positive movement is positive movement.
You just answered my questions even as I was writing them.
Thank you!
Sandra, I found your perceptive posts on CACH, going back for well over a year, really fascinating reading over the weekend. You were so onto this eventuality and price action, way before it actually happened. Thank you for all of the posts and insight!
I couldn't help but step out of the shadows here for a moment to ask you about this... Having read up on the details of the historical runs of each of the symbols found on the "Reverse Merger Hall of Fame runs page" here on Investors Hub, I couldn't find any that had nearly as an attractive share structure as CACH with its unusually low float and authorized shares number.
Have you done any calculating on what price CACH might end up at in either the near or long term based on any Hall of Fame RM comparisons? Or is it very much dependent still on the type of unknown company that may be entering into the RM deal to acquire CACH to be revealed in the Super 8-K?
Also, why are so many of the Hall of Fame reverse merger plays over a decade old? Maybe IHub just hasn't updated the page sufficiently?
Sorry for so many questions!
Much as it pains me to point this out, as a holder of DDDX for over a year now, filled with mostly just "lots of sitting and watching"... and also lots of hoping and disappointment that it hasn't gone to .20...
You should go back and re-read the tweet. It wasnt 18 thousand pounds. It said 18 hundred.
Boeing and 3DX
Has anyone else seen this article that just came out on Boeing's CEO Dennis Muilenburg's vision for Boeing manufacturing, and of his overall predictions for transportation in the near future?
http://chiefexecutive.net/boeing-ceo-dennis-muilenbergs-moonshot/
Absolutely fascinating, especially considering that we know 3DX Industries has had meetings with Boeing.
3D printing is a key element of Muilenburg's manufacturing strategy from what I read here, though I don't pretend to understand everything he said.
A side note, amazed in reading this that Boeing at their Renton, Washington, facility where the company builds its 737s, they will soon have their manufacturing pace up to two 737s per day.
Theory on Jan 2 trading action
Just as Dec 29 was the final day of stock market trading for the year on Friday for people who wanted to sell at a loss in 2017 for tax purposes, Jan. 2 was the first day in 2018 when anyone who, say bought in at anywhere from two to six cents a share in 2017, could sell some or all their DDDX shares at a profit without legally having to declare their capital gains until 2019. So that probably was what created the negative trading day yesterday.
Downright impatient if that was the case, if you ask me.
News or not, I'm expecting DDDX's share price to uptick significantly between today and mid March. Its a good undervalued stock, and it's that time of the year.
Of course, some good news sure would be nice though!
Do we dare dream about DDDX hitting
a dollar in 2018?
I know I have. Though between .30 and.40 is probably more realistic near term.
Yes, I think that is a large part of it.
Wish I had a hundred dollars for each of the promising penny stocks I have seen get sold downward at Christmastime over the past 20 years, since I started studying the market, right before they take off in the New Year. Looking back at yearly charts, it seems more often than not that this time of year represents the market doldrums (but also
the optimal buying time and too bad that for most of us purchasing power is at its lowest what with gift buying and other holiday expenses) before the stock takes off in January, February or March.
Looking at DDDX chart for past several months and seeing how it rose from about ONE cent (THAT wasn't "the bottom"???) to .18, and is now consolidating in the 10 to 12 cent channel, getting ever tighter on lighter volume in September (no surprise), I'd say your analysis -- that "the bottom isn't in yet" -- is a major misread.
As is totally obvious to anyone with a modicum of trading and chart reading experience.
Magnanimous post of the year
"For everyone else's sake" you hope it doesn't tank.
Obviously, that is the only reason why you're here. oh ye Angel of the penny stock market. To look out for the well being of others.
Yes, October is coming. As is November and December, but especially January and February when everybody stays indoors and buys the hell out of undervalued stocks that have some quality attached to them.
So why don't you just buy back in already and be done with it?
What are you really waiting for .. an 8 cents a share buy in price again? Yeah, keep hoping.
So here we have a "penny stock" with earnings potential, conservative estimate, of .12 cents per share annually that is currently trading at 12 cents a share.
Wonder what direction this is going?
I know we're not in the stock market boom bubble years of 2000 or so, but isn't a decent guesstimate for a stock price at least 10 times the annual earnings per share amount, or $1.20 (a buck-twenty)?
If you look at the six month chart for DDDX and claim that it is descending then I question how you graduated from kindergarten DUDE. You cited the largest volume days this stock has seen as evidence that it is going down but the opposite is shown to be true. The more volume it gets the better it does. On low volume days the close price drops because of flippers like you whose main reason for selling is impatience not substance.
And the word is peak not peek.
Too bad you don't understand the basic up on volume equals strength and support rule of the stock market even when you're staring right at it.
Yeah thanks for reinforcing my point further about DDDX going up on larger volume days and your being disingenuous by citing these three specific dates.
On 8/22 9/7 and 9/8 the stock opened at .1125 and closed at .1179 on 240k shares traded; opened at .1302 and closed at .1305 on 424k shares traded; opened at .10 and closed at .1199 on 149k shares traded.
The retreating share price days have occurred on days when less than 100k shares were traded.
That's why this company's stock chart is in an ascending staircase now not descending.
Though clearly it is not ascending fast enough for flippers slash message board motor mouths.
Enough with the poorly masked disingenuous message board manipulation attempts. The chart on DDDX continues to show strength, the volume has been consistently greater on up days and miniscule on down days such as today. To state otherwise is false and clearly intended to foster fear that could cause the price to fall to where Mr Seinfeld moniker could buy back in more advantageously before DDDX takes off upward on the next leg over the winter when stock buying traditionally surges compared to the summer doldrums.
As someone who bought in months ago and has patiently watched it gain in support over recent weeks and months I get tired of those who exit the stock then constantly post negative falsehoods with a self serving agenda.
I would welcome your stock price prediction and whatever rationale you have for it. Board like this is made for such posts.
I criticized ownership in a post here a few weeks back. They have shown me something since and are in the process of righting the ship and doing well by their stockholders. I applaud the CEO for the stock's performance of late. Riding the wave with no plans to sell below .50
Good stuff on video. I was encouraged by this view of how busy the company appears to be, including manufacturing parts for Boeing. I have been a player in the penny stock market for many years, and you simply do not always see something like this, an actual viable company attached to a penny stock.
Though it has been a difficult hold for the past several months considering the absence of new information from management and with DDDX's current (profit or loss the past few quarters?) financial status remaining a mystery, I still believe this stock may be greatly undervalued. A good day.
Ditto on the simply hold.
My Feb. 2017 target price (about two years from now) is $4.25 per share.
Disappointing, but
you're probably right. End of year doldrums. The basic math hasn't changed though. This went up on huge volume, 37 million shares and it's a trickle down, death of a thousand cuts retracement here. There's nothing fundamentally wrong with the stock or company. Just lack of momentum right now. Next news of more product sales would/will be a quick boost to fairer share value.
Good call
Matt, all it will take at this point to make the quick run to 2 cents is a whiff of a positive news -- a big sale of vitamin e gelcaps or fish oil gelcaps, or something about their cardiac care, or China partnership. The CEO, Meller, appears determine dto increase shareholder value beyond one cent net income, which is why the PE of 1 here looks especially attractive.
Still here
redsoxnumba1 asked me
"so where exactly are you and your big know it all mouth today????????????????"
and he also told me
"I told you man, i know what i am talking about!!!!"
I just wanted to say that I am still holding, although down a percentage, with my average buy price of .01. But my personal share holdings outstrip the volume of the past two days, so the dip on such low volume is a yawner. That's not a sell-off that's just mild boredom at holiday time.
I recall somebody saying this would retrace to .005, which if if it does would be a) very surprising, given the tens of millions of shares that have been traded since it last touched that mark, and b) a great buying opportunity.
By the way, the chart that redsoxnumba1 posted is helpful in that it shows that before each of the recent run-ups, the stock dipped, and in hindsight those became buying opportunities when the stock was not, in fact, "all done" but in a lull before the next run. In Red Sox terminology selling MMGP here, would be like giving up on your team when they are down, say, three games to one in a playoff series.
It all hinges on revenue and current growth prospects for MMGP. With one cent net income already, or more for the year, a PE of five for the stock means a share price of at least five cents. Don't be crowing about dips in the stock price on minimal volume when you should be buying.
For future reference, the "I could care..." saying
is actually I could NOT care, otherwise you are saying the opposite of what you mean.
If you really don't care about what happens with the stock, then I would move on obviously.
I have done the in and out deal myself in the past two weeks... but the FACT remains that the company is generating revenue, and net income. Even a penny's worth of net income and prospects for increased revenue -- factually -- make this a serious potential 5- to 10-cent stock, in 2008. That's not a pump, it's basic math. And of course because stocks don't go straight up, you get the up retrace, up retrace.
You're telling me it can't happen three or four more times -- up and retrace to higher price levels -- and my money says that's incorrect.
Oh so much for
never saying anything bad about the company or it's stock.
POS, huh?
Hey, I won't feel "lucky" until it surges past .02 for good.
I've got my share of charting experience, too, and this chart tells me shares are scarce at this level. There is nothing there to suggest a short-term retracement down to .005, as you said. That's just the wishful thinking of an outsider looking to get in cheap.
Like Doug Llewellyn
Today or Monday's the day for MMGP
It's waking up after four days of no-sell consolidation.
LUM, EPS, .80/share price, $1.21 /PE, 1.5...
Way oversold in recent mortgage panic, fear of bannkruptcy etc. But the company is not going away. Will at least double, maybe triple share price or more, as of January. Mark it.
MMGP is one of those stocks that people who
cannot trade during the work day will look at tonight and realize that with a 4 cent annual net income trading anywhere below 4 cents is still a major steal, generating renewed buying tomorrow at the open. The fundamentals dictate it is not a one-day pump, so being out of it at today's close is NOT a smart move.
no, man, that's where you are self defeating to call 'em ALL
pump jobs. If you find the CPHIs and CGLDs and CHMEs and MMGPs -- all newly profitable penny stocks -- early in their runs, you are in serious money. If you paint every single stock out there with the same brush you are gonna lose, and you're better off spnding time elsewhere. If you got no optimism, zero faith in 100 percent of the companies, you got nothin.
Hey kool , I gotta challenge you on this one to debunk
why MMGP is not the penny market super find of the month, rather than a typical "pump o' the day". Check the news story and the outstanding shares and shoot it down for me. I'm as skeptical as the next 10-year penny trader, but I couldn't locate the smoking pump gun. If you can, I'm all ears.
MMGP and CHME my two holdings, both vastly undervalued.
CHME just announced earnings of a forward-looking net income of 59 cents for the year (and it's trading at only $2.60 right now, a PE of 4.5) and the sweetest part of it is, the CEO was pissed that it was wasn't much much higher! Whicb he says it will be next year ... the startup expenses for putting 160 NEW drugs on the Chinese market starting in 2008 held the net income below a buck. which it will climb above next year. It's a $10+ stock. Check it out for yourself.
MMGP is going to trade 100 million shares between
now and the next few days. Technically, with a solid forward looking net income of 4 cents for the year, nobody should be selling a share below 10 cents. Not that anyone will have the discipline to hold until then from this level (except for me of course.)
MMGP -- am I reading this right???!!!
Headline says it made .01 pr share net income in the last quarter?
Does this mean it's headed to 4 cents a share net income for the full year?!
And it's trading at under one cent? You mean this is about to be a 10-20 bagger? Seems too good to be true.
CGLD and Peter Lynch
CL,
Your investment choice of CGLD and cogent commentary is a chief reason why I find this three or four day dip in the share price of CGLD easy to shrug off.
I loved your Peter Lynch quote:
"One thing that's always worked for me was Peter Lynch's advice: Do a lot of DD, buy undervalued stocks and then wait for the market to find it. He also said he made the big profits in the third and fourth years of holding them. Not many individuals have that kind of patience, but that's the way you get big moves." -- C L.
Three or four years! Would that I had a small fraction of such patience.
I remember how pleased I was when I checked on CGLD this past Monday and found it had upticked to .75 -- now that's to be regarded as a big disappointment? HAHA! Not so.
Taking a look around the publicly traded gold companies shows just what sort of undervalued gem we're holding here:
I give you for examples,
1) RGLD, Royal Gold: Net income per share, 78 cents; RGLD share Price $30.
Given a board consensus conservative EPS estimate for CGLD of 8 cents for the current four quarters, we can divide RGLD's $30 share price by 10 and we get -- $3.
2) EGO, El Dorado Gold: Net income per share, .14; EGO share price: $6.23. Dividing EGO's share price in half (yeah I know that would make EPS only 7 cents, but it's easier) and get -- $3.12
3) GSS, Golden Star Resources: Net income per share, .12: GSS share price, $3.49. Take away one third of that EPS, (to make it equivalent of .08) and reduce the share price a corresdponding one third, you get -- $2.30.
4) GFI: Goldfields (this one I had a tough time getting my head around, in general, because they generate $3 billion (!) a year in gold revenue, and have $220M cash on hand, but $1.5 billion in debt -- staggering numbers all but here's the key comparison stat for us again --) Net income per share .59 cents. GFI share price, $18.93. Divided by 7.5 to give us the equivalent of 8 cents per share net income gets you -- approx $2.50.
5) NXG, Northgate Minerals, net income per share, .22. NXG share price, $3.47. (NXG has a VERY attractive chart right now, by the way. It, too, looks undervalued at this point, with a forward looking PE of 8. AND YET --) Dividing NXG's share price by 3, we get $1.15!
In closing, I'll just repeat what I stated in a previous post on the Yahoo Finance chat board: If you have sold, or do sell, CGLD here, anywhere under $1. YOU'VE BEEN PLAYED.
What's your reading on CPHI?
China pharmacy company that supposedly had .09 per share net income last quarter, and yet it has never really broken out with any big volume. I'm in at $1.81, but not so confident.
Have you tasted
Sweet Success's product line? I haven't, so naturally curious.
Quite a while between posts.
Maybe the slow bleeding for investors in this stock has finally stopped?
damn I wish I had $100K to throw at this thing right here.
Looks like a $3 stock, easy short-term