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What was that last 8 million surge in volume? Did it all go through the ask? I don't have L@ where I am at. Sorry to be a pain.
Haha I said nothing about a bounce play. People have been talking about .0018 being this really tough resistance. This morning because of the lack of buying pressure I unloaded a good chunk (relative to my position) and than added more at lower levels.
I do honestly believe we will get a launch PR relatively soon and/or some great news this week. I have some left over funds that I am not supposed to tap into, but I will break a rule and either scoop up more around the moving average(s) and key support line(s) or I may just try to jump right when this "massive" PR hits and see what happens from there.
I think this concept is great and honestly I will leave some in my "check back in a year" folder, but read my bio. Play the momo and ride the freebies. Some stocks momo last days, others last weeks, and still others last months. This one I think might have a chance in the weeks to months range.
In the end with all due respect to all the board members here that I have come to like and will follow after this board eventually slows, I am not vested in their lives nor are they in mine. If I wanted to have warming chats I'd go to a social networking site.
The bag holders, made a decision and unfortunately down here one of the best ways to learn is through "stupid tax" and I paid plenty of "tax" and have learned great and sometimes very expensive lessons as they will too. Their grace here comes in the fact that I feel each bag holder will have a chance to get something as I believe we will go higher.
Different company in a different sector, with a different approach. Not fair to compare the two. Different CEO, what if anything is the same between last winter and now? Not much.
How can you than feel comfortable using an outdated chart?
In case your missed the PR here it is:
Encounter Technologies, Inc. (PINKSHEETS: ENTI) (PINKSHEETS: ENCR) today announced that it has changed its stock ticker symbol from ENCR.pk to ENTI.pk. The stock ticker change was effective for the trading community as of Thursday, February 18, 2010.
This action is part of the Company's previously announced plans to change its business sector and associated operations to web solutions focused on social media, video technology, and online entertainment as well as the acquisition of other media and technology based companies.
Haha Briggsy would have to declare as 100,000,000 would become 6 million and he would hold 6% of the company.
Haha That would be too funny!
Oh and he'd be a millionaire 6x over!
As I understand it as well. I was just calculating out this idea. It is interesting if nothing else.
If it was a 100-1 reverse split it actually goes even better:
I get my 5% divedend of 250,000 shares, but before that is released to me (next Novemeber) you propose a reverse split of say "100 to 1" pulling an assumed PPS of .01 to be conservative to 1.00 still keeping my value of $50,000, than add my position of 250,000 shares par value 1.00 cents so my position becomes:
(5,000,000/100) = 50,000 shares at a value of 1.00 still face value $50,000 and than add my Divy of 250,000 shares par value 1.00 for a total value of 300,000 share @ 1.00 or $300,000
We would eliminate a 10 billion A/S down to 100 million (assuming the O/S maxes out to the A/S) and I would go from owning 1/1000 of the company to owning almost 3/1000 of the company.
In the last 6 months when did this touch .02? This is the second time you have made the claim of .02, it's one thing to be perceived as a skeptic, but I don't think you want to be perceived a liar.
I own 5 million shares:
Your proposal is that I get my 5% divedend of 250,000 shares, but before that is released to me (next Novemeber) you propose a reverse split of say "50 to 1" pulling an assumed PPS of .01 to be conservative to .50 still keeping my value of $50,000, than add my position of 250,000 shares par value .50 cents so my position becomes:
(5,000,000/50) = 100,000 shares at a value of .50 still face value $50,000 and than add my Divy of 250,000 shares par value .50 for a total value of 350,000 share @ .50 or $175,000
Hmmmm so we would eliminate a 10 billion A/S down to 200 million (assuming the O/S maxes out to the A/S) and I would go from owning 1/1000 of the company to owning almost 2/1000 of the company.
I basically lose the overall number of shares but my ratio grows thus increasing my portfolio...
Am I correct in how I figured that out? Wow a reverse split that actually helps??? I'll be damned :]
I know who he is, but I just like his old stuff better, Lately its been kinda IDK haha not what I like :]
Haha Yuppies, maybe I am a yuppie, haha wow... am I? Haha
As I rethink the idea, Toby would be a good one because he is outside the box and this whole thing is outside the box.
Really Toby Mac is the Michael Jackson? personally I am not in lvoe with his music. What about Chris Tomlin, Michael W. Smith instead? I'd like to see Casting Crowns or Third Day, maybe even a Jars of Clay or DC Talk.
Not in love with most of the musical likings of Toby Mac, but that is just personal preference.
Well I have scooped as much as my rules will allow me too. I went 1% over my limit already so now it's time to sit back and watch.
Wire transfer from your bank to Etrade happens instantaneously cost around 30 dollars usually.
No pm -- thanks Tung. 8 years of being "too young" to succeed in my endeavors led me to that quote. When I'm real old I hope I will have lived that quote to the fullest.
For what it is worth I don't think short term matters to anyone that is long nor to Ken. Who cares if short term flippers are ticked off they couldn't get a good run to flip for profit?
I know this was good news for longs and longs are what matter to me. The shorts and flippers can go jump in a lake. Short term there are better fish to catch, long term I like the play.
I don't feel comfortable living in a fairy tale land where all dreams comes true...
But if it went viral an became the next netflix, facebook, Music Matrix etc... I think it could do wonders.
I look at it from this stand point. If every artist began releasing there debut hit song exclusively on Music Matrix first this could go bananas. There are a lot of "ifs" right now that I believe are being worked out and I am happy with what I see over the last 2 months, but I am not about to endorse a .30 claim anytime soon.
Quarter ended on the 30th of September so we should be seeing a filing coming through on or before the 15th of November.
1.75 million dollar sale of vsp platform should be put to bed at that point.
Haha okay how about:
55 million volume and close at 18 with a ferver of action in the last 20 minutes?
What's the L2 I can't pull it up from where I am?
I can't sell us short until after the 15th of November... get it ... ... No? bad joke huh?
15s sitting on the ask now... Lets close at or above 15 :]
gotta believe we see the 15s today and hopefully we can stay above them til the launch (I expect we can).
That tweet could be just as good as a PR if it can get out to everyone.
Her tweet specifically names this to be the week the site will launch!
Doom and gloom... We are down 1 tick on roughly 5 million volume in the first 45 minutes of trading. The sky is not falling, but if it does I will be happy to scoop some discounted shares at .001.
This thing is really thin... I put a sell in at 22 and they moved 22 to the ask side. I changed it to 21 to see what would happen and they moved 21 to the ask side. I cancelled it and now the spread is what you see. This stock would appear to be being manipulated
I was experimenting with only 100,000 shares.
Circles keep us atop the board and the conversation is a healthy one to be having... No excessive pump or bash just good dialogue!
I don't remember having to every month ask my parents to cut a check to nintendo so I could keep playing Mario? I'm pretty sure that was a one time fee?
Ok since appraently my list was apples to oranges in your opinion, how about Netflix? 9.99 a month so I can download movies directly to my computer.
That is in direct comparison to paying 9.99 a month to watch a live concert on music matrix of my favorit artist.
As I think about it more how about a credit card?
I have an American Express card that I pay $139 a year or $11.58 a month just to use. I do it because it has great travel rewards and it is well worth it with the amount of flights I take in a year.
Just another example of what we as a society shell money out for on a monthly basis.
World of Warcraft - I run around pretending to be an elf and I fight imaginary monsters.
Xbox live - do you know how many prepubescent kids kill me in a given week? I coach college ball and got whooped up on last night by what I think was a 13 year old boy
ESPN insider - just so I can get the opinions of some blow hard self proclaimed know it all
IHUB - pay extra just to post more than 15 times what a rip off, but people do it
Yahoo mail - Pay a premium for more memory space for all my junk mail
Should I continue?
I agree about the downward handle. I think without news we will touch .001 again and I will be there waiting to scoop up another few million and close somewhere around where we are now .0012-.0013 range. With Tuesday giving us a good PR.
If we get one tomorrow I think my .001 order moves to .0015 and we create support there and begin trading in a .0015 - .0018 range.
I'd love to see us blow past into the .002 range, but I just don't know if we have that type of investor confidence to stabilize the run up. YET! We are close though.
*** Total speculation just giving an idea of what I see, for what that is worth.
I'm back coaching in college (Men's Basketball) now and I had my office assisant who knows nothing about stocks sitting at my etrade account for the past 3 days while we were at practice. I had specific directions of what to do written out if certain things happened.
Haha she asked me about the recruitng mailouts and other office tasks, I told her not to worry about that, I would do it, but under no circumstances could she leave the computer.
Haha! I am glad she is competent, nothing like my trading life being in the hands of a 19 year old office asssitant.
I will give her a nod and say she nailed it and followed my directions to a "T", she asked for a cut :] Haha so now her Christmas present has to be more than a card!
Haha... Let me clear a few points first:
1.) I am a male not a lady,
2.) I bought in the .002s before the run got out around 8ish bought back in at .0055 and stopped the bleeding at .005 bought back in around .004 ad rode it to around .006 and than bought in again on the Ne-Yo announcement at .0008, averaged down to .00053ish with around 4 million shares I sold most of those on this run up locking in more profits and got back in with 2 million shares at .001 all for free.
3.) I am doing just fine in this stock (and others).
4.) My confidence in this stock however over the last 2 months has increased. I am looking to reenter at another few thousnad from profits I made off of another stock that ran the other day, but I want to make sure I get my money's worth. If however this things goes through the roof this week (and I am expecting it to) I will be in line supporting the ask and helping this climb higher.
5.) This never touched .02 it flirted at .01 for around 2 days and than began the slow slide down, in large part do to dilution that has been accounted for.
6.) Regardless of what has happened a 220% improvement is worth discussing as it shows confidence is beginning to to rally again around a stock that was left for dead.
Marked you for that research, it is something that many of us did not want to take the time to do. Great work and Thanks!
Haha smug arrogance from a moniker... ... ...
Again wish you all the best, but I don't see this going bankrupt. Were there missteps NO QUESTION, but the recent track record has been very positive and very open. Many failed to deliver promises have been delivered and with more than normal transparency.
I'd love it if you added more fireworks here. I find it to be very unfortunate that you feel the need to post with a subtle tone of doom and gloom, the only exception being that your group can save a stock that has increased 220% in a week...
Best of luck though!
Won't that be nice to have your "crew" here... ... ...
Read through everything, see where the dilution started and where it ENDED, see why it was done. Read through the last month of delivered promises and the upcoming tangible events.
If your "crew" is still skeptical see you at a higher entry point to blast us higher, but either way things have beeen just fine without your crew here helping.
Appreciate it... I was able to quickly scan back through and hit some of the key notes in the readings. Took a small position at .022 figuring if nothing else momo will help. Now the real digging to decide how "long" I want to be.
Again thanks for the quick feedback.
Could someone comment on this question? With a 3 billion Float and O/S even more is a share buyback probable or a R/S to get the SS to a more managable number?
I am asking as a potential investor here, not bashing. Would like some honest feeback if possible from some of the longs?
Thanks Houston for rubbing it in! :]
Haha Boooo I didn't hesitate. I was trying I was trying! Haha Oh well!
MISSED MY CHANCE! DANG
Trying to get some funds, but I can't get out of another stock... ... ... Looks like everything is red today...
Just need to keep it above the .001 line