https://www.streetinsider.com/SEC+Filings/Form+SC+13GA+Seanergy+Maritime+Holdin+Filed+by%3A+L1+Capital+Global+Opportunities+Master+Fund%2C+Ltd./16745863.html

Thank you Ole Broke Azz. I can only assume that neither one is hitting its respective goals therefore....

I will keep researching before diving into the deep end of this one.

ToG


Even BS smells good to someone.

Thank you. So to reiterate a previous question: How can both funds be down at the same time?


ToG

STILL a better love story than Twilight

Can anyone explain stocks like this to me? 300% of inverse? Does that mean when gold goes up this goes down and vica versa? Lot of conflicting information on the web about leveraged funds.

Thank you

ToG

Can anyone give me info on Andreesson Horowitz and company?

Thanks

ToG

I once read that complaining without offering a solution is called whining. And since we, the little people have no say in the solution, stop whining. Either stay the course, or get out and move on.

Glta and happy hunting.

TOG

THANK YOU VERY MUCH FOR THE TIP!!

Give me time to refinance my house and cars, cash in my 401k, and see how much I can borrow against my life insurance. Might even be able to talk my mother out of her retirement and house for seed money for this. I will be in touch. By the way, this is presumably to be sent Attention Prince so and so with a Nigerian address, correct?

And BGFT is a pattern trade of mine. Waiting for the fall out of this latest merger announcement when the stock tanks to .0001 again and sits there until around April or May. Then I will see about getting in.

ToG

I can see where you got confused. I am a new investor, but that does not mean I consider penny land to be a place for investment. Had you read the end of that statement it said I TRADE on patterns, not invest. I invest in more reputable companies. Penny land is where I am cutting my teeth on reading the scams. YES, they are all scams according to those of you who have been burned too many times. And YES, I am treating all of them like scams. But the key is reading when the bubble will pop. I am not like so many other penny landers who think every stock here is the next "to da moon" make me rich investment. These are all quick flips to build bank to transfer that money into actual investments. I am still new enough, and slightly cocky enough to enjoy the fight. I loose some, I win some. end game is making more than I loose, and I am winning. Many many people tell me things, a lot of it in PM for fear of drawing the wrath and ire of bitter stalkers who are here to bash every stock and put down every player. I am probably older than you, but I still have the fire to play the game. If you've become bitter from the game, then get out. American Fund has been paying good returns for the last few years, less stress also.

And STILL a better love story than Twilight.

ToG

Yes, BGFT put out the PR. The choice of companies to use on this particular "merger announcement" is curious, and as a new investor I still like to dig into garbage like this and see how well my skills are getting. People constantly tell me "there is no such thing as DD on OTC stock, just jump in and see what happens" but I tend to disagree. I beat out one stock by noticing that they did R/S's every 11 months for the last 3 years. Allowed me to wait a month before buying and flipping for a small profit. I like to find the patterns (if they exist) and trade on those.

And why bring it to this board? Normally, I find neutral and informed opinions on this board and Janice and Shajandr among others have been good about letting me know if I am missing something. They help me learn, which is the name of the game.

ToG

As I stated on my reply to Janice, I see this company has a history of climbing between April and August and last year I actually made $2k on this stock. I bought in at .0003 and sold at .0005. I know that the subject matter tends to make people laugh, given Biscardi's track record of not following through with mergers and being notoriously late with filings.

And for the record, the board has gone to hell lately. Everyone crying and acting like Biscardi owes them an explanation on their schedule not his. Kind of funny reading.

ToG

I know they are pink, I also know that in the last 2 years they have reliably dropped to .0001 around this time of year, before climbing again during the summer "hunting season". I just immediately latched onto that one line in the PR, coupled with how completely dissimilar these two companies are just smelled fishy. And yes, Biscardi just canceled one "merger" last month only to announce this one immediately. I found absolutely nothing on the CEO, JC Burnett, or the COO Brian Sherlock, or VP/Marketing Ricardo Martinez. The 3 players I did find are a wash for me : A lawyer who deals in Acquisitions and Mergers, (expected), A Consulting Firm, (also expected), but a "pursuasive talker", and 3 nobodies? Just not sitting right with me. I am expecting massive R/S, followed by Biscardi stepping down (maybe a staged arguement disagreeing with the R/S since BGFT has never done one?) and ICN moving into the ticker to maybe change the name to suit the Load Chief brand better.....

Just my opinion, which is why I ran it through you folks so I could get your feedback.

ToG

Need you folks as a sounding board to see if I am on the right track to this DD thing:

BGFT: (stop laughing, My brother is interested in anything Bigfoot)

Merger supposedly going on with Independent Contractors Network, Inc. They have a business called LoadChief, which specializes in hooking up truck drivers with loads. Odd combination off the bat. First we look at 3 of the players who I could find information on:

Louis J Esbin VP/General Counsel...He has a business in Santa Clara. He is a Bankruptcy attorney who also deals in Corporate Formation and Mergers and Acquisition.

Rob Hershenson, CTO. Owns Hershenson Consulting...also made the website for Load Chief.

George Passantino (this is the good one)..Passantino Anderson. They "helps companies improve relations with their audiences using the power of pursuasion" (I'm not making this stuff up, it is listed on the website for Passantino Anderson)

Now, we look at the PR which comes from BGFT, one line in particular catches my eye: "The goal of this merger is to expand the Loadchief service footprint into new regions through access to the OTC Markets."

Given the fact that ICN is a private company, run by a lawyer and a guy who cons, I mean persuades people to do what they want, I smell a reverse merger. Biscardi getting out while the getting is good and ICN going public without the time and expense of an IPO.

Am I off on this, or does that sound right to you folks?

ToG

On a reverse merger, the company looking to go public this way, are they usually shady or just impatient? On the average.

ToG

As far as value, I am refering to the market cap which is the value of the stock outstanding on this company. Therefore, it is "value" to the company or any potential merger company.

And for the record, I am NOT saying bgft and Biscardi are upstanding legitimate business owners. you do not hit trip zeros with a solid business plan and sound management. I am just saying: We knew what kind of scum sucker was running this company when we got into it and we knew the inherent risks of investing in a trip zero stock. Far too many people on this board act as though they are surprised by the way management is running this circus. Tadah!!! Another scam. Get in low and try to get out with some kind of profit before the scammers yank the rug out from under your feet. "They plan the trade, you need to trade the plan." (trader53)

And STILL a better love story than Twilight

ToG

Janice,

I guess I never figured out how to use the search feature beyond searching a board. But I have discovered that if you manually go back within the last 2 days of postings (normally) someone somewhere will be hashing up that information. These boards are too emotional. People are caught up in the here and now, which can help with the DD. If you want a good laugh, read the BGFT board. Biscardi tweeting about pending merger yet no 8k to that effect. last 8k stated he called off THAT merger, but now new company. Both parties agree on merger, but delaying PR. Everyone there is incensed over the delays and demanding IMMEDIATE release of information or SEC complaints will be filed, cry, cry, cry. I only have to see the postings from the last 2 days to find every tweet he has made about it, every pumper promoting this thing and every basher handing out the email and phone number for them and the SEC demanding complaints be filed. Rather funny to read. (By the way: DD shows that around late winter EVERY YEAR this company hits it's yearly low, but the average investor fails to take note of this because "NEW INFORMATION".)

Besides, this particular board is so great that if I really need more information I ask the wonderful people on here who have memberships and someone will normally post the info I need. In fact, I have IHUB bookmarked, and it always opens to THIS board. This board doesn't change regardless of what stocks I am looking at. Well done and keep up the great work. I have told Janice before that I have NO idea how you folks come up with most of your research, but I respect the hell out of you for it.

ToG

I would like to play Devil's Advocate for a minute:

1) This is a million dollar company. Do ANY of you truly believe they owe ANYTHING to a couple "thousand dollar investors?"

2) NEVER believe the story. If you had truly done your DD you would see this company is on course with the last 2 years.

3) Do you really think threatening them with SEC action is going to change the story and make them do something different than what they are doing?

Do your DD and remember: This is PennyLand. Trust noone. They plan the trade, you need to trade the plan.

Happy trading

ToG

Thank you, Janice, for the compliments. I tried to approach this purely analytically and keep the emotion out. Once I make a buy, I assume my money is gone to a scam. It helps taking out the emotion and just watching the patterns.

To the individual who pm'd me: I WAS a paid member of IHUB, but realized the only benefit is pm's and that one perk did not justify the cost of this site. Good site for reading the emotion (which CAN help in a decision) but lousy place for actual DD. The pumpers are using information about the last big run (in 1956) as justification for the next bid run, while bashers are using the last negative information (normally from 1956 also) as reasons for bashing. VERY little current useful information to be gleaned outside of this particular board, and I have noticed that it is mostly nay sayers (not necessarily bashers, but nay sayers). I understand watching the scam clan for latest tricks and traps, but some boards and posters are strictly "NEVER BUY STOCKS" type of message. Not sure why those people are on a stock site, but it is a free site.

ToG

Update per Shajandr request:

Penny land is not treating me bad once I learned the game. Not quite well enough to retire and only trade stocks for a living, but I am hoping to be there by year's end. Couple things I HAVE learned:

1) NEVER trust the story.

2) NEVER marry a stock. Get in, get out even if you have to take a small loss. It is better than taking a big loss.

3) NEVER trust one source for your information. I use 4 different sites and compare the results and make my own decisions based on risk level that day.

4) Trust your gut. If it doesn't feel right, don't believe the sources.

5) NEVER trust your gut the day after Taco Bell. Just saying.

6) NEVER feel bad about taking a profit. Walking away with a small gain is better than holding on for that "to da moon" run everyone is waiting for. If it runs, congratulate those who held out and let it go.

7) NEVER make an exception. If you set limits of when to buy, then stick to it. I have missed a couple runs, but they didn't drop to the level I wanted them to. You can't call every stock every time. Let it go.

In summary, I have learned a lot over the last year in PennyLand. Some have been painful, but overall I AM making a profit off of these scam artists. As I was once told: "They plan the trade, you need to trade the plan." Use their cons to make yourself money and to hell with what the hypers or bashers are saying. They are just there to confuse you. Trust your DD, and if it doesn't feel right, walk away.

Thank you for reading and Happy Trading.

ToG

That, my friend, is where toxic lenders, err I mean Institutional Investors comes in to play. They loan these junk companies money with a note giving them permission to buy stock at 60-80% of the LOWEST traded value in the last 30-90 days (contracts vary on timeframes, but the gist is the same). Meaning....junk stock trading for .02. Lender can buy that for .012-.018. And we are not talking about a couple hundred shares, we are talking hundreds of thousands or millions depending on share structure. So they can immediately dump their stock at market value for nice profit. Junk company has good credit and can refinance with that lender again, diluting the stock for the retail investor. Just another day in stinky land.

But, the silver lining to this:

STILL a better love story than Twilight.

ToG

Question about L2.... How do you gurus translate a bid from insiders? Especially when the Insiders are trying to buy more than the insiders are trying to sell.

I understand the L2 readings, overall, but I found the "show insider activity" button and was trying to figure out how to translate that.

Thank you

ToG

The drop has been steady all year, and technically speaking...a 1:30,000 R/S would increase the pps by 30,000, not decrease it by 93million (ish)


ToG

MIllion, Billion, Trillion, Quadrillion, Quintillion, Sectillion, Septillion, Octillion. That is as far as I know off the top of my head. For reference:

1 Octillion = 1,000,000,000,000,000,000,000,000,000. That is 27 zeros. Or, 1 Billion times 1 Billion, times 1 Billion.

And thank you all for those links. I just thought it was boggling that a company had that much interest a year ago and now can't sell to save it's life.

Again, that is why I trade pennys on the activity, not the stories or the management.

ToG

I was wondering, How does a company go from $93,680/share down to $0.0003/share in under a year? Yes, I am talking about ABWN. Just watching a board and someone is pumping them so I looked. WOW!!

ToG

no ma'am. It was FDBL, on the otc. Trading at .0001, suddenly an order came in for 0 @ .01. L2 took a while to catch up and then showed 1 @ .01, then someone bought 70k @ .0001 to bring it back in line. I just thought that was weird that a dead stock suddenly showed a jump that big but wasn't listed on the Fed list as r/s. I think someone either fat fingered it, or was trying to feign interest so people would buy their junk stock.

And NO, I am not in FDBL. They were just on an old watch list that I haven't cleaned up yet.

ToG

I know this is a DD board, but what does mean when there is a bid size 0 showing up and the price goes from .0001 to .01? Is that a r/s that is not showing in news feed?

You are misreading that, Rocket. They will pay 82.5% of the lowest 5 day price, meaning only a 17.5% discount, not an 80% discount.

ToG

Sad thing is, I already learned that. These companies are not at the bottom due to sound business practices, solid management or "shorters". They are here because they are trash companies, run by scam artists. If you are still relying on the quarterlies, or stories then you are setting yourself up to fail. Play the game, try to get a tick or two and get out.



ToG

Could you imagine if our elected officials stopped fighting each other and focused on, I don't know, doing what they were elected to do? Putting the politics aside, trump has not done bad as a president despite being fought on every turn by the Dems. Imagine how much further along we would be if they worked together.....


GO Salami!!!

ToG

Actually, I went to "Topappads.com" and clicked on "Social Networking" and Friendable IS listed as number 46 as of right now.

ToG

What happened between March 2016 and now that the price has gone from $1.25/share down to $0.0001/share? New management? Product crash? P&D? Help enlighten me long termers.

ToG

farm bill dead until after elections.

https://hempsupporter.com/important-farm-bill-update/

ToG

Good morning $leekers!

Ticker that has been dormant for up to 6 months, sudden surge in volume (with or without information), wait about a month. another surge in volume by PR (normally consisting of "We are reorganizing" or "under new management"), then another PR and volume increase within a month. All text book indications of a front loading prior to a P&D. Not saying no money to be made here, but ELTZ appears to be in the early stages of a P&D. IF...IF....IF all 3 of these things come to pass, then buy after the first double, hold for the second double, sell on the third. So buy at 2, hold at 4, sell by 8.

GLTA

ToG

Not dreaming of "Rich" on this one, but profitable would be acceptable.

ToG

Are we anticipating an initial increase in pps once the terms of the bill are announced, or only after passage?

ToG

Sleek, out of curiousity: Once Hemp and CBD gets legalized and goes main stream, what next? You going to continue looking at promising Hemp sector stock, or are you going to move to a different sector?

I missed the 2016 run, but loaded all 3 of this years picks.

ToG

Thank you CJ.

For those of us too old to remember, or who don't know, what is the point of setting a sell price dollars ahead of where it is now?

I know I read it once before on one board or another, but I don't remember.

TIA

ToG

Good Morning!! Here's hoping for a nice jump today and tomorrow on the heels of a good first day of conference.

ToG

August has been that way for MMJ/Hemp stocks: back 5 steps mon Tues, level wed. Climb thur fri to end the week higher than it started. I think the explosion happens after the 5th, provided the hemp clause stays in the farm bill

ToG