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.
Much agreed on long haul. I try to balance with larger stocks and a few pennies(the gambler in me). I liked what he did with Fortress and from about 12-15 conversations with Tom I felt it was a good play. I can handle being wrong if my homework was done properly and based on his growth plan, revenues, little disruption to companies bought (I made some calls to the companies several months after purchases) thought it was worth risk. I made enough money from CESY days to cover the HMSC days that most of it is float money now, so I think I am in different position. I had bought CESY back in $.0012 and around there up to $.0017 and sold in the $.004's. I do have some postions in the $.003's (now $.3) and most of it between $.1-$.15.
The stock that I loved more than life is JADE, until recently with them screwing up there reports, and now in a downward spiral. If they can clean up their act, anything between 5-8 is a STEAL. Those Chines love their jewelry, the Olympics, massive retail expansion, cheap labor pool, good multiples, but their damn accounting is killing them now.
I will check out MVIS. Don't know anything, but any advice is always good to check out.
Matt
Thank you. I was like what in the world and was completely pissed if it did because I could have (should have) had a sell in which would have made a tidy profit and then hopped back in at the low rate. I hope TM has something up his sleeve now he is getting a tad more exposure. I knew I was in it for a long haul (4-6 years) so not nervous yet...
Thank you,
Matt
Did I see that right or am I crazy. It spiked to $.55 for about an hour? I find that impossible but that is what E-trade is showing. I could not verify it on level 2? Anyone know?
Matt
What a pleasant first real day of the RS. I had to double check and make sure that number was right.
matt
If somebody got in at $.008 or $.009 almost a one day doublebagger.
Depending on when my shares were bought and when they had to be on file, I voted 88,888 no. If I missed the cutoff on my last purchase, then subract 12,500 and that was done on 7/5.
Matt
I am in RS hell. NFI just did a 4/1 and HMSC is doing a 100 for one.
I got my board proposal to vote on via etrade for the RS. A lot better than they originally proposed.
Matt
You got me, that was worth a few laughs. Open heart surgery anyone.
Matt
Nothing like getting network security advice on a penny stock board. If you would excuse me now, I am off to see the Padres who will be teaching me about open heart surgery that I will be performing tomorrow.
Matt
I made a trade a few days ago and went round and round with Etrade. They give me the same song and dance and finally the answer that came back after LaShawanda, Sanjaya, Rick and whatever country I was bounced to - "Etrade reserves the right to restrict any trading and reserves the right not to inform the trader of the reason." That irritated me all to hell having some broker flunkie telling me that. So I bounced through back numbers: I started with employee benefits trying to get the executive office number and from there I moved to HR, from there to accounts payable and now I have some number in Texas which will probably lead me down another dogleg. I also spoke with the local office in UTC in San Diego and they knew a tad more than Julio at Los Panchos taco stand why AMEP is still halted online. I am making progress in the backlines but I can only spend so much time each day. I will get to a decision maker soon. Once I do, I will pass the number off to one of the smarter people on this board who can plead the case. I will bird dog the number but I really have no clue how to present the case why AMEP should be allowed to trade actively.
Matt
Agreed - however you know it wasn't aimed at you.
Matt
I put my trade in with ETRADE over the phone at $.049. I have learned at this point it will go through immediately and really doesn't matter what I put it in at because the price has never been pushed up with my overbid. It filled at $.047. I am curious with all the complaining, considering if this company is as solid as we believe and we are getting a steal and we believe PR's are coming out then why not get some great buys. Otherwise, the complaining is unfounded because the thought process would be no PR's are coming out, it is an unsolid company and and going bankrupt. My point is conflicting logic.
Matt
I don't know why I can't vote at e-trade either. I am sitting at my computer, looking at my screen - I have my mouse in my hand...oops, wait. I forgot to turn on my computer. Ahh much better now.
Matt
I got the dumbest question or must have missed it in past posts - has the BDC status been sent out to vote on and I just missed it. Or now that the meeting has been set that the issue will be set out to shareholders. Etrade is great about voting and I haven't seen anything.
Sorry to bother with such a trivial item.
Matt
I do not know that. Sorry.
Matt
The biggest gamble now is which conglomorate will benefit from the internet poker restrictions. I believe the govt really doesn't want to restrict online poker, they just want a piece of the action. Will the Indian reservations be the first to act, MGM, Harrahs is looking to go private and will leveraged from here to eternity so I cannot see them funding another multi million project anytime soon. Will NYNY fill that void?
Matt
I really wanted $4.05 yesterday but then decided to run at $3.96. I love the ups and downs here for a $.20-$.31 gain almost every time. They are just so damn secretive that it makes it hard for the stock to run.
Matt
I agree - we would have been positioned to make some very quick gains that day and flip it a few times. This stock reacts ever so lightly on news. The bombings many months ago vaulted it from $.002 to $.0029 intraday and for no particular reason. Terror really drives this stock, even if HMSC's fingers aren't involved in that particular sector of the homeland market or in fact that part of the world.
Matt
Funny you should ask; I was thinking the same thing yesterday and then pop some news this morning. I have held off adding at the 6 million mark until the NASDAQ thing sorts out though.
Matt
I hope you jumped in today and added more - I could not pass on a swing this low. I only had enough to buy 100 shares, but the volatility of this stock can push it back into the tens in a heartbeat.
Matt
HI Matt
I am glad I took your advice and bought some more a few days ago. What a crazy spike today on the stock. Everything out there says this stock isn't anywhere close to its potential. Though would wait for it to retrace after todays run up.
Thanks for the advice Matt.
Matt
Sorry about taking so long. Right now I have no position in Plug. Whatever spare cash I have is being dumped into Jade, with my buying positions starting a little over $4.00 and adding shares here and there.
I have been watching very closely on Plug, it has been moving downwards - almost makes me want to jump back in. But whereas I thought I knew where to jump in before I have no clue now.
Matt
SO it hit $3.77; did anyone jump on board. After seeing such a big drop I am wondering if I should wait to $3.45 or so before stocking up.
Matt
What is the overall consensus of people here. I don't know if I like the reverse split news which is obviously bad short term. However, long term I think it is great and most people here are holding long term. I guess do we accumulate some more at these prices if we feel it is going to make a nice NASDAQ move. Regardless of the move and news I picked up another 500,000K today to bring me ever so much closer to the 10,000,000 mark.
I am curious to here what people think. I always look at things rosey.
Matt
That was a brutal trade near the end, but then some nice makeup trades.. The early trade were beautiful. You guys were dead on about the earnings release and the tumble it took. I would love to jump back in in the low 4's. I wonder how this week will pan out.
Matt
Another thought. You can do a wire transfer from your bank account to Etrade. What I am contemplating doing is moving my account over to Bank of America. I think I would like to see them work out the kinks before I do this though. The advantage is that your stock account would be able to be debited immediately if you have a bank of America account. Also, if you carry over 25K in your account, all trades are free - meaning the stock account. I do not know if the rules apply to cummulative accounts. I will find that out soon. Since BofA is trying to be the leader in the banking community I can only imagine soon enough that they will have their wits about them and have one helluva site.
Matt
5 days according to them.
Matt
I called Etrade and she gave me the scoop as to why the new rule. I had deposited funds yesterday and wondered why I could not access them. This was something instituted 3 weeks ago. Apparently there was a ton of fraud with the money as well as shorting stocks with made up bank accounts drafting money against the made up accounts. I asked why five days since floating checks no longer works. Maybe at worst case a 2 days to hold the money.
Matt
I have my buy in at $3.98 for 2000 shares. We shall wait and see what happens in next few days.
Matt
Wrong board I posted.
Matt
Some nice movement off of its lows in the $.50s. I gobbled up some down there after the notice of possible delisting due to not being above a $1.00. I bet on the fact the new board was not going to let this company get hammered after all their hard work by not getting it back above $1.00.
We shall see if it can hit $1.00. I put my sells all in at $.99.
Matt
You are posting on wrong board, make sure you check before you post. I know people make mistakes, just don't want to confuse people here.
Matt
Every buy I have put in if it was at $.045 I put in at $.0465 and just like you get it almost always at the $.045 and it fills in seconds - tops a minute or two. And most of the time it won't raise the ask either; just playing the MM's own game.
Matt
You have to be pleased with the past couple of weeks with this stock and finally clearing up the red tape. Question is where does the stock go if all roadblocks are cleared. Is the current price still a steal or does it need to resettle.
Matt
Looks like I jumped out too soon and missed a few hundred more in money. Well watcha gonna do. I am glad to see it run up some more. This company deserves to run.
Matt
Beautiful thing today. I had bought 2000 shares at $4.04 and dumped those at $4.19 (and a little at $4.18), and the ones at $3.79. I figured the way the stock has been expanding, contracting and expanding I would ride the wave a little bit and then jump right back in. Not a huge profit but the $400's and $600's add up at the end of the year.
Matt
The train still can take some passengers...
I have everyone heeded my advice a few days ago to start accumulating and being able to take advantage of some swing trades - especially today. WHAT A HUGE GAIN for a stock that moves a few pennies at a time.
Matt
Very exciting stuff. About time some of these bastards will pay their due's for their anti-American business practices of helping to facilitate ruining a company through illegal trades.
Matt
I have decided that the time is now to start accumulating and holding. Time is accelerating with the Olympics approaching as well as all the press China is gettting, plus loosening of the Yuan will make LJ products more accessible to world consumers. I was looking through companies that were affected by past Olympics and the quarters following were remarkable.
Plus, there is an increase of same store sales for 1 year anniversary coming up which should have a nice positive affect on the Jade. And a decline in some metals used to manufacture the products. Everything is there to start buying so here I go. Finally, the buys now will get us past short term capital gains with quarterly results coming out near year end 2008 with the Olympics in August.
Time will only tell how brilliant I am.
Matt
I have my stop in at $3.52. I am not to concerned about this one. If I have to hold for a few months if it tanks, then so be it, but no skiddishness here. Actually thinking about adding another 400-500 tomorrow; depending on the move.
Matt