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Anybody in MVEN or thinking about taking a position?
I’ve been following the updates to UI/UX for the past month and they aren’t too far away from a good user experience. I have found the content to be worth reading. I haven’t noticed much monetization.
I’m very eager to learn more about the integration of HubPages and what that does to the financial situation.
Well said. If anybody has doubts then just wait for the next financial update which should be coming very soon. I’d rather be in before the good news and take the risk.
We’ll hopefully see all those details in the next quarterlies. SURG releases this information on a daily basis to provide transparency to investors and show that there is money being made from the blockchain. They have said they hope this will differentiate them from all of the ‘hype’ companies who are changing their name to capitalize on the interest in crypto.
160k shares and closed at 50c!! As has been the case lately in this stock the volume in the last few minutes is HUGE and today was no different. 40k shares traded in the last two minutes.
The growth truly is impressive. We were in the hundreds, then thousands, now approaching mid thousand - all within a few weeks. When I reached out to investor relations about the revenue dash I was put in touch with Mr. Cox who reminded me “Remember that's just revenue from one software product. I have built a similar company and know the exact turns in the road.”
We’ll probably get a better idea when the financials come out. Mr. Cox in his vision letter to shareholders said he is looking to accomplish “Surge Mining expansion through manufacturing and licensing our own custom SurgeAhead GPU worker rigs.” They have a form on their website where you can invest in buying the equipment along side of them. They were doing that to bring down costs in buying. I believe they are mining litecoin.
A good day to come into town with this upswing in the stock! Don’t gamble too much :). I live close to the strip and want to visit the office soon and meet theteam. I know the former CEO from many years back so it was on my radar but I became much more interested in actually investing when True Wireless was announced. I finally bought in a few weeks back but it hasn’t been smooth sailing. Hopefully more GAINS next week, we’ll see.
Pretty sure it’s 7 days a week. I doubt SURG team takes the weekend off with all the exciting products in the pipeline.
Brings a smile to my face to see this! We were just talking about how it could pop at any time.
Congrats on getting in at such depressed levels. My average is .55 and considering lowering it with a position tomorrow or early next week while we are in the 30’s. It sucks being down over .15 per share but my losses can quickly turn into gains with just a few double-digit up days. Hopefully Friday is up so we start getting a trend of positive closes!
I have to decide if I’m going to add to my positon but waiting for more clarity that the upcoming quarterly should provide. SURG is about to complete their incorporation of True Wireless (by end of next week if CEO sticks to the timeline) so Monday may be a good buy in day. The previous financial statements don’t reflect a lot of what’s going on lately — look at the stickies here and their investor relations page. If you have questions reach out to them. I did and got a response right away! Friendly folks.
$4,700 now my friend. Hopefully the upper thousands become the new norm. Last 30 day average is about $2,000 for comparison.
I pointed this out in one of my posts as a catalyst moving forward. They already have distribution via True Wireless and continue to gain new channels from SurgePays.
Are you considering a long positon or trade? Why wait until Monday?
Today was a good start. Held a .36-.39 range (.34 was filled with low volume).
Mr. Cox replied back to me personally regarding my suggestion. He said it is a good idea. Obviously with the revenue dash being so new they can’t expand it so quickly but point taken. I have tried to get in touch with a couple of OTC companies and to get a 12 hour response from the CEO personally shows they are LISTENING TO US!
As far as I understand it’s tracking the sales of their software. If you view the homepage of the URL it should make more sense what they are selling. Hope that helps!
I will reach out to them about the suggestion.
I like the transparency of the Revenue Dashboard. How many companies in blockchain / FinTech are even making any money? It adds some comfort to see the numbers are INCREASING too. When I first started watching the dash it was in the hundreds daily and now in the thousands after just two months or so. As time goes by they should add a Past 90 days, 180 days, Year-to-date, and All-time earnings. That helps long-term focused shareholders see the bigger picture of this amazing software.
I was thinking the same thing Yogi. The stock needs some stabilization, buybacks could but a floor in and end this freefall. They said they want to attract some institutions and doing that could be a way to help them.
Crazy trading 197k shares - any explanation?
Two days in a row my bid and every other around me got flushed out in HEAVY selling - 10k to 20k shares. It seems like once they take us all out there aren’t any buyers left so the stock goes into freefall. I watched SURG go from .43 to .40 then .38 then a insane .28 quote -41% I almost freaked out!! Thankfully it recovered and as others on here have been saying THE BOTTOM COULD BE IN.
Cheers, looking forward to its release as well! Heck yeah, get rid of these ‘day trader’ types in the stock and bring in some big boys who will BUY BIG and HOLD.
I think the vision is clearer now and I feel more confident in SURG (bought more shares today at .48!). Two upcoming catalysts I see are the launch of SurgePhone and finalization of True Wireless integration. Hopefully the selling subsides and we start to ride back up!
There was 20k shares traded today in the last two minutes. I was having trouble getting a fill until then. The market makers kept changing their quotes and even when it looked like I got filled I didn’t. Anyone have that happen before?
Avg cost .58, long term holder!
Tiny Home Community Constellation ATX Launching Soon
80 lots are available for reservation today for $500 and will be coming up for sale on March 1st for a tiny home community built from the ground up in Austin, TX. The developers are selling it as an affordable housing choice for millennials and retirees. They will even have financing available (sounds like 30-year mortgages).
Here are some links to recent articles/press they have received in case you want to learn more:
* https://kut.org/post/developers-respond-austins-growing-housing-prices-more-tiny-homes
* http://austin.culturemap.com/news/real-estate/01-04-18-tiny-homes-austin-community-development-constellation-atx-stage-coach/
* https://communityimpact.com/austin/southwest-austin/development-construction/2018/01/03/developers-bring-tiny-home-project-old-manchaca-road/
As a reminder Sprout inked a $26m contract for up to 275 homes. This is the first community to launch with a second one forming in Kyle, TX later in 2018.
Read more: https://globenewswire.com/news-release/2017/12/20/1267051/0/en/Sprout-Inks-26M-Contract-For-Up-To-275-Homes.html
Also announced, the annual Tiny House and Simple Living Jamboree will be in Austin this summer, August 23-26th, with the 25th and 26th open to public. That will be an opportunity to check out this community for anybody able to attend.
Sprout (STHI) closes above $1.00 a share
A good sign to see Sprout Tiny Homes above the dollar mark once again. Volume is solid too seems to be over 5k shares a day lately.
My pleasure $NoClue$. I think I hit on most of the good points. I continue to HOLD this investment.
Thoughts on STHI Investment - Five Reasons I Bought
I decided to purchase a long-term position in Sprout Tiny Homes.
Here is my reasoning:
1) Sprout is the only publicly traded tiny home company.
2) I believe in their mission to create communities of affordable housing throughout the US.
3) They care about the environment (a green company who builds with chemical-free interiors)
4) The recent EcoCabins purchase is transformative! Not only does it add $150m to the pipeline, Sprout gets a successful and well-known management team. Industry leaders? Yes. Look no further then the National Tiny House Jamboree which has drawn 60,000 people and is the industry-standard tradeshow. The team at EcoCabins were the inaugural founders, that means Sprout will have a big presence this year and in years to come. Reputation as #1 solidified!
5) Accessory dwelling untis (ADUs) are starting to be looked at as the easiest path for cities and states to address the affordable housing problem in their region. Pilot cities (such as LA) who are testing out changing ADU regulations are finding it to be a win-win for all parties involved.
To recap, by investing in Sprout you’re buying an ESG-friendly company that is doing social good for society by creating affordable housing communities.