gmcswain@nc.rr.com
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mccoy, agreed. I think that is what many of us here see in Mphase. It may crash and burn. We may all get burned by owning it. You just have to weigh your own personal tolerence level for hanging in there on the fundamentals/potential. Best of luck to us all! ...And of course to Mphase.. :]
I'm hoping that's why they are buying up shares, jrs. I have read on other Mphase boards on the net where some believe the insiders are only buying to temporarily bump the stock price in a classic pump and dump scheme. I'm not buying that. For one, if that is the case...where's the dump? I have seen the stock spike (a little at least) after an insider buy but I saw narey (sorry..a country word from grandma there) an insider 'dump' or sell shares.
I'm am VERY hopeful when I see company officers buy their own stock. That's a very good sign. They don't want to lose $ in my opinion so why would they buy into a stock that they see no hope for? ...Bodes very well for where they intend to take us in my oopinion.
Continuing to sit tight here with shares, not budging, adding as I can. ....Own no where NEAR 60M though!
This is thru Week 3/27/11 and is what is shown as insider buys on my trading account for Mphase:
Transaction Type / Date Current Average
6 Month Return Shares /
Market Value Price Range Total Holdings
Biderman, Abraham
Purchase
3/25/2011 -0.49% 150.0K
$935.0 $0.01 - $0.01 2,226,000
Dotoli, Gustave T
Purchase
3/24/2011 -0.12% 50.0K
$235.0 $0.00 - $0.00 60,468,000
Smiley, Martin S
Purchase
3/24/2011 -0.15% 150.0K
$715.0 $0.00 - $0.00 18,560,600
Purchase
3/23/2011 -0.15% 1.0M
$5.0K $0.01 - $0.01 18,410,600
LOL. ...And you'd have sizeable change left over after that deal! :]
News is released ..price goes down. You said it jrs. So.. Mphase, PLEASE stop releasing news! :] ...Not really.. ..but PLEASE put a little more 'meat' into the news you release so that the shareholders and potential shareholders will have something to grab on to and send this one in the right direction! ...I guess they will ..when they can. ..Meanwhile ...back to the waiting game...
Do you think that once the Porsche name is put out there it will make a notable difference? I mean.. it should. But.. geesh .. these shares should not be going down today on the news that they did release. It should at least be holding if not rising nominally. "/
Good Point.
..I don't see signs that the market loves this news. May be the lack of clarity that you mentioned ..even though I think it is a step in the right direction. Baby steps.. ...c'mon Mphase. ...I'm too impatient!
NEWS! ..Could this bump us up today?
mPhase Makes First Illuminator Shipments to Leading Luxury Brand Based in Europe
21 minutes ago - Marketwire via Comtex
MarketwiremPhase Technologies, Inc. (OTCBB: XDSL) said that it has begun to ship branded orders of its award winning Emergency Illuminator to a luxury-design firm based in Europe.
The Emergency Illuminator is a precision instrument with a powerful 180 Lumens LED and two separate battery tubes. One tube is for everyday use and holds two CR123 batteries, while the other tube holds mPhase's Power On Command(TM) active reserve battery. If the regular CR123 batteries run down, the active reserve battery takes over -- even after laying idle for 20 years. The Emergency Illuminator also features a USB port that can be used for charging portable devices such as a cell phone.
"This shipment represents a milestone for mPhase establishing an expanded channel of distribution for its Emergency Illuminator," said Ronald Durando.
About mPhase Technologies, Inc. mPhase Technologies is introducing a revolutionary Smart Surface technology enabled by breakthroughs in nanotechnology, MEMS processing and microfluidics. Our Smart Surface technology has potential applications within drug delivery systems, lab-on-a-chip analytic systems, self-cleaning systems, liquid and chemical sensor systems, and filtration systems. mPhase has pioneered its first Smart Surface enabled product, the mPhase Smart NanoBattery.
In addition to the Smart Surface technology, mPhase recently introduced its first product, the mPower Emergency Illuminator, an award-winning product designed by Porsche Design Studio and sold via the mPower website: http://www.mpowertech.com. More information about the company can be found at http://www.mPhaseTech.com.
Forward-Looking Statements: As a cautionary note to investors, certain matters discussed in this press release may be forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. Such matters involve risks and uncertainties that may cause actual results to differ materially, including the following: changes in economic conditions; general competitive factors; acceptance of the Company's products in the market; the Company's success in technology and product development; the Company's ability to execute its business model and strategic plans; and all the risks and related information described from time to time in the Company's SEC filings, including the financial statements and related information contained in the Company's SEC Filing. mPhase assumes no obligation to update the information in this release.
SOURCE: mPhase Technologies
I'm going to hang right in there with you ..whether we rise or fall I'm all in now and hopefully we'll all have something to celebrate someday. I'm not much of a trader. I find I make the most money by buying and holding plays I believe in. When I try to time the market.. it doesn't work so great for me. I think you have to have the kind of time to make the markets your full time work in order to have any kind of success rate at trading. I don't have that kind of time to put towards trading ..so I learned my lesson on that 20% loss and am just going to hold firm with mphase for the time being.
Have a great day jrs ...and thanks so much for sharing your insights. I enjoy the conversation and tossing this thing back and forth.
Go Mphase!! :]
Well, you sure have done a great job so far as I can see on this board.. of keeping your cool! :) ...We've gleaned some great information from your posts and info that you've shared and I think we can all agree here....it's gets DIFFICULT ..playing a waiting game that seems to have no end.
Ah.. but it will end. Someday (probably when we least expect it) ..it will all go one way or the other. Of course, I could shorten the wait up considerably for you all if I just got out! ..Seems to work that way sometimes for my plays. I got tired of one a few weeks ago after months and months of nothing so I decided to take a small loss and put my $ elsewhere. It spiked 20% the next week. LOL. "/
Anyway ...great to be here and have a group who shares the same concerns/hopes as me re: mphase. Hang in there JRS!!
..And more common sense. ...You folks are killing me with all your good advice.
Eh.. ...
:D
A very good word jrs. Common sense rules the day and your approach is sensible. A positive outlook without overzealous immediate expectations which would maybe only serve to disappoint. ...At the end of the day.. doesn't matter what we want I suppose. Matters only what is and what will be. ..But it's the hope of the possibilities of their tech combined with the common sense that keep me going on mphase ...and maybe make me a little impatient.
...Take a tums for that sick pit feeling and I'll log out of my trading account and stop looking 'cause a watched pot never boils. :]
Is it just me ....or does something feel 'different' with mphase lately? A gut feeling maybe (and I have nothing to base if off of really) but there just seems to be an air of something is brewing with the company as I scout around the internet. It *could* be wishful thinking on my part.. It *could* be auroradude's post here who dropped hints of some movement in the stock and that he's a buyer this week ..It *could* be the hints we've had of good news coming in the Spring (which is now here!) re: connecting product with some big manufacturers ...or it *could* be just wishful thinking on my part. "/
But, I wouldn't be surprised (ok...maybe a little) to see some good things start to happen here.. ??.....
No weak hands here. ...buying and holding ..and adding a bit more as I can. ...BTW... 'who' wants all the shares? ....Well, ..besides me I mean? :D
GL with your share buys JTROKS ...and I hope you are right about the upswing ..and I hope it's fairly soon for all of us.. but this looks like one we have to be (very) patient for. ..Good things come to those who wait?.....just may apply here. :]
Thank you auroradude! There probably are many traders that hang out or check in on this board and I for one and counting on them to get the xdsl word out. :] I am not a penny stock trader (wish I was because there is money to be made if you know what you are doing!) ...I'm not even into tech trades all that much as I mostly stay in the gold/silver realm of investing right now. ..And I think some of us are just so new to investing overall.
FYI ..I followed your profile to a couple of the boards that you post on and it was a WEALTH of information. I particularly am interested in learning to read charts and trading options. The All Things Money board looks really great so I will be spending some time over there lurking/learning from you all. ..Thanks again for everything you can post here. It is appreciated.
That Martin Smiley bought shares is encouraging to me, jrs. And all the more now when I consider what you said about he most likely could have bought them at an even better price...but didn't. Yes.. he could be dollar cost averaging down as someone suggested; however, why would you buy ANY more shares of a company that you didn't think was about to do really well??...let alone a million shares of it. THAT is very positive indeed as far as I'm concerned and the reason I bought additional shares today.
Yes.. I am hoping for something really good any day now for Mphase. Let's all hang in there!
Auroradude.. If you can, please come back often and chime in with any analysis. That goes for all you TA experts!! :] ..I am trying to learn as I go but not very savvy yet. ..Therefore only investing to the extent that I feel comfortable. There are many on this board who would welcome you.
The shares I hold are a drop in the bucket to what many here own. I didn't start buying mphase until it was right at one cent so like many of you.. I am trying to average down somewhat. But like I said in a previous post sometime back.. it's all of you who bought up well over .01 that I really want to see this take off for. Of course I want to do well also but I just hope that those who have stayed with mphase the longest and invested the most will be rewarded handsomely.
I sure wish auroradude would stick around longer! :) ...I don't have the investing experience that he/she spoke of and it is nice to see those chime in who can read the technicals better than me and predict the pops and drops. ...Anyway.. thanks all.. ..LOVE this board!
Hey!... Are you psychic, auroradude?? :] ...Please stick around and be our good luck charm.
....It must be all those shares dkazmd just purchased.
I believe you are right auroradude ....I just hope it's in the right direction! :]
Ha! ..I was just coming back to say that I just bought another lot of shares myself. Using some mad money, I brought my standing up to 500K shares. ...We'll see.. it's like jrs has said.. we'll either look like geniuses or.. ....yeah. Someday. :D
You got a better deal than me though, drkazmd.. ..I bought in at .0048. .........Whatever happens.. ..this is sure one heck of a ride.
That's interesting.. Thanks for that perspective.. ..Hope the same happens again.
Quite depressing actually, gcmx. "/
BUT... holding on to the hope that they know what they are doing. ...I don't know how many of you follow other investments such as gold and silver or how many of you hold the world view that I do and that we are in a crap load of trouble in this country right now.. I actually look for a market and currency crash (sorry for glad tidings I am spreading) ..but I was sorta hoping mphase would get their acts together and make this company profitable before any said market/currency crash as I fear that would be the nail in the coffin for xdsl. ...But maybe not. What do I know.
You sure are right. I am just catching up with the evening news and seeing all of the video out of Japan from the last 24 hours. Puts things in perspective real quick. Sending up prayers for all there.
Well ...and on an Mphase note, looks like we clawed back up a small amount today. Progress is progress no matter how small the steps. ..Let's all hope for some really great news coming out over the next few weeks. Spring is almost here and I remember....maybe drkazmd ?....saying that there was supposed to be an announcement this Spring. (Or I could have just dreamed that because I really do dream about this stuff lately) lol. :[]
Bye Ecostate ..We hardly knew ye.
But we wish you the best! ..This board has a great moderator and I'm sure that you would be welcomed back if ever you choose to return.
I absolutely understand that. You folks with the millions in shares have to be so disheartened. I am, of course, not making light of this drop today. Rather I was trying to put out an encouraging word. Heck, it hurts me with my measely 210K shares. I can just imagine how you and gcmx and others here feel with all those purchased shares counting in the millions.
No one will be happier for you when/if this stock takes off. I think those of you who have held on the longest and sacrificed the most (both financially and emotionally) should be rewarded handsomely. I'm pulling for you all.
This is a great board with good people. I hope we all will have cause to celebrate someday.
Oh.. Lord High Moderator..
LOL..(I love that title) ....just a quick note to tell you that FMETF & RVMID are on sale today!! :}
........Too bad I put most of the small amount of my extra money in Mphase earlier today.. lol.
OH WELL!
Ok. Here's My Strategy.
..When this stock goes to .0001 I am buying up all the remaining shares. At that point, GE will buy out Mphase and all their technology for $100 per share to all Mphase holders. ...EXCEPT of course for that part of the technology that Porsche will simultaneously buy out for $100 per share to all Mphase holders.
At that point in time I will be proud of myself for going long (and longer and longer) and not bailing on this technology company.
Eh.. ..it's just a little dream I have. A girl can dream, no? :D
Come in off the ledge gcmx!! ..I just logged in to my trading account and my eyes nearly fell outta my head. "/
DEEP breath everyone. This *could* be a good buying opportunity. It's days like to today that you have to step back and ask yourself...Have the fundamentals of the company changed? ..Do they still have the same great technology and potential that they've had and that we believe in? ....I'm sitting tight and holding. I even added 26,000 shares today. Of course that add was at .0064 and not .0052. "/
Point is: If you believe...keep believing. I still think this will turn around. But that's just me and my own feeling based on nothing more than what I know about the company and what others here have added by way of their own knowledge/remarks.
Welcome Ecostate!
We very much hope for you to become wealthy with us. :]
We hope you have lots of patience. :D
Ooops.. ..I incorrectly stated that RVMID is just under $5 ..They surpassed $5 this week I believe so I wanted to correct that.
Now, sorry to take the discussion away from Mphase! .......Dear Mphase, I'm rooting for you all the way.. ..please make us investors so so happy! ...and soon, please. That is all.
In my opinion ..you have a winner with Formation Metals. That one has been on my watchlist but I am not invested. I just went back and took another look and I very much like what I see. Gonna have to bump that one up on the list a bit!
It is also my opinion that you won't do wrong to invest in RVMID at this point. With where I see gold and silver headed, this is a good solid play. Do some snooping around and see what you think. Revett stands at over $4 ..nearly $5 right now but like I said.. I think they are going much higher. Just as a heads up, I have heard that they will get a listing on a major stock exchange in the coming few weeks and hopefully that alone will take the sp even higher ..As you know though.. all of this is only MY opinion! :]
By the way guys, I actually dreamt about all these stock plays last night. .................Time for me to step away from the screen a little bit. lol. "/
drkazmd & jrs,
Yes... the RS could be a good thing. I understand. Of course, I'd rather just keep my few hundred thousand shares intact and have the sp skyrocket from there. :] .....drkazmd, that lil mining company that did the successful RS last year wouldn't happen to be Revett Minerals would it? I own RVMID from back before the split so I know exactly what you are saying here. That instance of splitting the stock was a good thing for shareholders as it got the ball rolling and is now moving upward.
Disclosure here: I am way more of a gold/silver mining investor than I am a tech investor such as with Mphase. Mphase just came along and I thought it had potential. It is my lottery ticket. As jrs says......we will either look like geniuses or the opposite at some point in the future. ....The best advice I can give any of you right now is to diversify your holdings (which I'm sure all here have) ..The mining and commodities sectors such as ag and oil are among the best places to be right now for investment purposes. Just my opinion and of course do your own DD.
Ahh ..that explains it.
Well.. I added to my shares this morning. I figured it's an insanely good time to dollar cost average on this play. You can add such a huge number of shares for a small amount of money. ..Well, huge to me is 25K-100K shares as I don't have thousands to spend.
Also, it worries me that at some point mPhase may do a reverse split and if you aren't holding a large number of shares then you will be out of the huge gains as the pps advances. ...Does that make sense to anyone or am I thinking about it all wrong ?
Well, that's a start! I like that news. Wonder why it isn't showing up on Marketwire News..or the other sources that are normally fed into my brokerage account? (like news normally is for xdsl)
...And whoever mentioned the $5 share thing.. Yes.. I'll take that. :]
Well, count me in to attend that party. I'm as cautiously optismistic as everyone else here. I don't even mind bearish views on the company because it helps to keep us all on our toes and to rethink our positions as needed.
To my way of thinking, we are not in denial that this company is a long shot. We just like the potential and are willing to gamble on them at this point.
Thanks drk! ...There is a bit of publication news out this a.m.:
mPhase Smart NanoBattery Published in IEEE/ASME Journal of Microelectromechanical Systems
42 minutes ago - INW via Comtex
MarketwiremPhase Technologies, Inc. (OTCBB: XDSL), a leader in the development of Smart Surfaces and advanced battery technologies announced today that an article describing some of the technical aspects of the Smart NanoBattery architecture is published in the IEEE/ASME Journal of Microelectromechanical Systems.
The title of the paper, "Robust Si-Based Membranes for Fluid Control in Microbatteries Using Superlyophobic Nanostructures," is published in the IEEE/ASME Journal of Microelectromechanical Systems, a peer review technical journal describing leading edge research and development in areas involving Microelectromechanical Systems (MEMS) designs.
IEEE/ASME Journal of Microelectromechanical Systems was the number nine most-cited journal in electrical and electronics engineering in 2004, according to the annual Journal Citation Report (2004 edition) published by the Institute for Scientific Information. Read more at http://www.ieee.org/products/citations.html.
The article describes technical details of how the silicon honeycomb membrane used in the Smart NanoBattery was prepared using MEMS-type processing and the evolution of the unique "nanonail" design features that enable superlyophobic (also called omniphobic, superolephobic) behavior on the surface of the silicon membrane. The article goes on to describe how a variety of low and high-surface-tension liquids were repelled by the porous membranes, without liquid penetrating into the pores of the membrane, and how this design has been applied in the development of a reserve battery using electrowetting for control of cell activation and triggering. The superlyophobic membrane designed and implemented by the mPhase team is the key element of mPhase's Smart NanoBattery technology.
The article on the Smart NanoBattery can be found online at the IEEE web site with the following URL: http://dx.doi.org/10.1109/JMEMS.2010.2090504. A copy of the article can also be found on the mPhase web site at http://www.mphasetech.com/pdfarticles/mphase_membranes.pdf
About mPhase Technologies, Inc.
mPhase Technologies is introducing a revolutionary Smart Surface technology enabled by breakthroughs in nanotechnology, MEMS processing and microfluidics. Our Smart Surface technology has potential applications within drug delivery systems, lab-on-a-chip analytic systems, self-cleaning systems, liquid and chemical sensor systems, and filtration systems. mPhase has pioneered its first Smart Surface enabled product, the mPhase Smart NanoBattery.
In addition to the Smart Surface technology, mPhase recently introduced its first product, the mPower Emergency Illuminator, an award-winning product designed by Porsche Design Studio. http://www.mpowertech.com
More information about the company can be found at http://www.mPhaseTech.com.
Thank you ..I will be looking to definitely add to my shares going forward. And if it doesn't work out.. your comments certainly aren't responsible for anyone losing any money. We all know the risk with any stock is...well.. a risk. You make the compelling case however for the potential here. I wish you only wealth and success with your shares!
Don't give up on the phone call gcmx! ..I'd very much like to know what they say to you too! :] ......Can't thank you all enough for sharing here. Really hoping it all pays off for you all very soon! (Ok...for me too:)