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Jeffrey Collins tapes for Good Morning America today and show is scheduled to air on Friday.
Harley, do as you must, but look at the chart. We are sitting at .50 support. Was this a swing trade or an investment?
Funny how some volatility can rattle the nerves. This stock is not about where you are today or even next week, but how well situated you are when Fuego posts earnings and gets recognition.
Your posting to a board filled with people who were holding at way over a dollar from when we first opened. Most of us have compunded or positions and are sitting on multi baggers. Did we freak when we were down 90% sitting at .10 just a few months back... Nope we loaded the boat, because we have confidence in our due diligence and the company.
Just do yourself a favor and call the company and ask for some time to talk with Hugo, the CEO. This is a step one should always take when committing to an investment.
Ask Warren Buffett if he buys charts or people. He will answer that he buys exceptional people at a discount. Thats FUGO today and anything you get below a dollar is going to be golden very soon.
You sell at .40 and I will be buying them!
Fuego/Beatles search has 5 pages of Google results from blogs across the internet. This is an excellent way to measure accelerating spread of the news.
See Link below>>>>
http://blogsearch.google.com/blogsearch?hl=en&sourceid=navclient-ff&ie=UTF-8&rlz=1B3GGGL_enUS244US244&um=1&tab=nb&q=%22Fuego+Entertainment%22+Beatles&btnG=Search+Blogs
Support is at .50 and the only seller is this retail Etrade guy. Wish he would wrap this up and move on.
Thanks Happy... looks like there has been a substantial increase in traffic, but Im not an internet guy...
Maybe this is the seller finally clearing out. Hope it's not anyone who bought last week...
"They were stolen" lol. Excellent example of how the facts get convoluted as the news gets passed around. More controversy the better! I'd like to know how many times Fuego Entertainment has been Googled in the last 2 weeks.
This legal stuff will bring eyes to Fuego from all over the world. All this will be is another source of free promotion. People will flock to the web site to see what all the commotion is about and pay the token subscription cost to hear the music.
In the entertainment industry this is just all in a days work and the public thrives on controversy. The best thing is that the company has been waiting for this and had all its ducks in a row before they ever signed the deal. Pure genius...
Once again, Hugo proves to be the deal maker!
As just mentioned to me off line... The real fireworks will start when the 2008 numbers come out and we see a ridiculous increase in revenues. Thats what many investors are looking for.
Harley, a few of us are responsible for that accumulation at the ask. When someone sells at the bid we usually hit the ask for 100 shares, mainly while this seller unloads. The spread is no fun right now. When the spread is smaller we will not peck at the ask so much.
BTW, I have mentioned on several occasions that the best time to buy is on the dips. Put in a limit order just above the current bid by a penny or two and wait for a sale.
The Google Alerts on the Beatles news are growing every day. Also, the more the news is passed around, the more it is becoming obscured. It is interesting to see how it is told from one person to the next and things get mixed up. Nothing of issue, but it does mean the news is spreading word of mouth and not directly from the PRs. This is good that its catching a gear and people will be tuned in when the release hits.
Here is your list...
Everyone except Ameritrade.
Stocky, Hugo is very aware of the Ameritrade issue!
The spread is simply the net effect of extremely low volume. The MMs make their money off the spread... Low volume equals big spreads, high volume equals smaller spreads.
Do a simple market scan for stocks trading below 1.00 with average shares traded set below 50,000/day. My results are well over 500 stocks with similar spreads. No biggy...
Use this time to jump the bid and try to snag shares at .56 while NITE is at .55.
Monte, most new shareholders are not familiar with this situation. Do you have a link for the SEC report that breaks it down? Im going to look for it too.
Found it:
http://www.sec.gov/litigation/complaints/2007/comp19981.pdf
page 5, paragraph 13
FUGO, along with several other thinly traded stocks were tatrgeted by a manipulation scheme. all spelled out in the SEC complaint. FUGO was a victim in this scheme.
Dont forget that we have a lot more than Beatles cookin:
http://www.latinheat.com/news.php?nid=1252
Heck yeah its legal, drop in a buy order at .56 and bump it up a penny every hour till the ETRD seller hits ya!
One man's thrash is another man's treasure...
Thats how a few of us have been buying for the last 2 years... We just lack volume. It's growing and once this seller is gone we rock on.
As a shareholder from day one, there are pluses and minuses to getting in on the ground floor of a thinly traded stock. On the good side, once it hits the radars we will never see these levels again but for now we must suffer the volatility of being so thinly traded.
For me, on days like this I turn off the L2 and intraday charts for FUGO cause in the long run this volatility will not matter.
Discounted shares available.
IST Targets: Adds Fuego Entertainment Inc. to our Small Cap Portfolio
Jan 14, 2008 (M2 PRESSWIRE via COMTEX) -- FUGOE | news | PowerRating | PR Charts -- International Stock Targets has announced a "Strong Buy" recommendation along with a one-month and six-month price target for our newest "Stock Target". Please note that the following is an investment opinion issued by International Stock Targets.
http://www.tradingmarkets.com/.site/news/Stock%20News/984633/
and a second one
http://www.tradingmarkets.com/.site/news/Stock%20News/984570/?hcode=relatednews
Google Alerts via this link:
http://www.google.com/alerts?hl=en
I have an alert set for: Fuego Entertainment
Each day I can see the growing list of News, Blogs and web entrys. Here is what came today. I promise it reads much better on the emails you get.
Google News Alert for: "fuego entertainment"
AnalystResearchReport.com Featured Stock: QED Connect, Inc
TransWorldNews (press release) - Monroe,GA,USA
Stocks to Watch: QED Connect, Inc. (PinkSheets: QEDC), Fuego Entertainment, Inc. (OTC BB:FUGO), WordLogic Corporation (OTC BB:WLGC) , Migo Software, ...
See all stories on this topic
Google Blogs Alert for: "fuego entertainment"
Fuego Entertainment Acquires 15 "Lost", Never Before Released ...
By Yeah(Yeah)
Fuego Entertainment Acquires 15 "Lost", Never Before Released, Recordings by The Beatles: Financial News - Yahoo! Finance.
Run of The Mill? - http://swprofessor.blogspot.com/
Google Web Alert for: "fuego entertainment"
Fuego Entertainment Acquires 15 "Lost", Never Before Released ...
"I am delighted to be given the opportunity to work with such professional businessmen within the Fuego Entertainment Organization and I am truly looking ...
Fuego Entertainment Announces Acquisition of Jimi Hendrix Live ...
MIAMI, FL--(Marketwire - January 11, 2008) - Fuego Entertainment, Inc. (OTCBB: FUGO) today announced it has acquired North American rights to over 200 live ...
Fuego Entertainment Announces Acquisition of Jimi Hendrix Live ...
Market Wire business news by provider, Fuego Entertainment Announces Acquisition of Jimi Hendrix Live Performance Music Library.
Fuego Entertainment Announces Joint Venture, Echo-Fuego, With ...
Fuego Entertainment Announces Joint Venture, Echo-Fuego, With Legendary Music Producer and Promoter Jeffrey Collins and Makes a Cross Over Into the English ...
Fuego Entertainment Taps Into the Advertising Arena and Announces ...
Fuego Entertainment, Inc. today announces advertising revenues of $300000 resulting from a single banner advertisement on Fuego's new web portal ...
New Chart Update:
Harley, you have some excellent points. Revenues and the fundamental value of the company are going to be what drive the price up to higher levels, not slick promoters and lofty promises. Lets do what we can to help the process along. There are tons of Beatles and Hendrix fan sites, news services and blogs that we can visit and spread the news to. This will only create more buzz and help the snowball down the hill a little faster. The more revenues we see and the faster they build in 2008, the faster our investment grows.
The revenue model they have set up for these new assets is very creative and they will be making money from every person who joins "Fuego Plus" at the web site. The Fuego Plus membership is an excellent deal for what you get, costing only $4.95 to $9.95. This is just the tip of the iceberg in terms of drawing out revenues from the assets.
Fuego also has 2 albums a month minimum scheduled for the next 5 years. The first is coming out this month.
The Fuego team will always under promise and do their best to over deliver. For the "get rich overnight" penny player.... this is unfortunately not the place to be. For the shrewd and wise investor looking for the next Time Warner or Virgin Records and is ready to get in on the ground floor... this is the company.
Now, thats ramblin...
Believe that deal is on hold for now, but ready to be brought to life sometime down the road.
Thanks Stocky, keep it coming!
I noticed on your web site a section that highlights publicly trading companies focused on the Hispanic market. As a long term investor in Fuego Entertainment I wanted to take a moment to offer an introduction. The company's CEO is Hugo Cancio. He is very active in the Hispanic community and has a special love for his home country Cuba. The company is in the Entertainment and Media industry with an emphasis in Hispanic content. The company trades under the symbol FUGO and can be found at the web site wwww.FuegoEntertainment.net
Awareness is building
http://journals.aol.com/qualitystocks/small-cap-and-micro-cap/entries/2008/01/11/fuego-entertainment-inc.-fugo.ob-management-shows-business-insight/1765
Fuego Entertainment Inc. (FUGO.OB) Management Shows Business Insight
Neither $300 thousand nor a period of just a few days is normally a dimension of any business significance, but they matter when it comes to investors taking note of the unusual achievement of Fuego Entertainment Inc.(OTCBB:FUGO). The management, in a masterstroke, sold a banner position on its entertainment web site, and can now bask in the glory of the kind of amazing revenue growth that is only possible on the Internet.
We have known for some time that Hispanics in both Americas constitute a growing, healthy, and profitable market segment. Fuego Entertainment Inc.(OTCBB:FUGO) has shown the ability to network with this community through thousands of browsers from all of Latin America visiting its new web site in amazing droves. Advertisers cannot fail to take note of this phenomenal development in consumer habits.
All Internet business is extremely competitive. Entry barriers are flimsy, and browsers are more than spoilt for endless choices of web sites. Any number of other web development companies will surely challenge the Fuego Entertainment Inc.(OTCBB:FUGO) management. However, a first mover advantage is not to be ignored, so it seems that the Internet entertainment business is set to challenge mainstream media for some time to come.
Entertainment, the World Wide Web, and ethnic culture add up to a heady mix of business issues. Only the best marketing brains will survive in the complex field of electronic commerce, especially where new customer clusters are involved. Fuego Entertainment Inc. (OTCBB:FUGO) is off to a flying start, and there is no reason why it should not remain ahead of the competition in this profitable business sector.
Stocky, keep in mind we are on the OTC Bulletin Board which means the company is fully accountable to investors and the SEC by way of quarterly and yearly filings that include audited share counts, revenues and the like. There is a significant cost to maintain compliance.
This is not true of Pink Sheet companies that operate without any accountability to investors. The SEC only gets involved when the number of complaints can't be ignored. Buyer Beware!
I agree. Fuego does not employ pumpers to drive the stock up and does not focus on the stock price in order to sell shares. Therefore it does not get much exposure. That's fine by me!
I passed on investing in Nextel in a pre-ipo placement years back because the idea of a walkie talkie did not make sense. I'm not going to look back at Fuego in 5 years and regret missing the ride.
For goodness sakes. Jimmy Collins helped Richard Branson build Virgin into a multi billion dollar empire and has planted himself in little Fuego.
Warren Buffet will agree that you invest in companies that are not in a fad type market, run by people you can trust and try to buy it at a discount.
When revenues are tallied for 2008 we will have no question that 1.00 shares were highly discounted.
I wish Sterling would do a comprehensive post and detail every source of income... There are multiple streams coming in and people are not taking the time to thoroughly research what is happening under their noses.
Yahoo Message Board Needed!
I just sent my 4th request. Please take time to make you own.
****************************************************************
Please give FUGO.OB a message board. Not only does the company now own the very first live recording ever made of the Beatles, but now they have announced a collection of unheard Jimmy Hendrix works.
The phones are ringing constantly from the media and Jimmy Collins, the man who lost these rare finds for over 30 years will be on news interviews around the country starting next week.
Message Board! FUGO.OB
http://feedback.help.yahoo.com/feedback.php?.src=FINANCE&.done=http://finance.yahoo.com/q?s=%5EGSPC
News column mentions Fuego and the Beatles Tapes. He misses the entire point in the article that these tapes have historical relevance in that this is first {ever} recorded performance's of the Beatles with Ringo at the drums.
http://www.thev247.com/articles/aaron_2209___article.html/music_fuego.html
There are quite a few old corvettes still on the roads and some are more rare than others, but the very first one off the assembly line has a historical importance that sets is in a class of its own.
Thank you note from Hugo
Located at the company's website investor forum.
Thank you all for your support. We are all part of a great company. This year will be a great year for all of us. It is important that we let everyone know about our company, our products, our vision the great future ahead of us.
I would like to hear from all of you. We are always looking for new ideas, suggestions and comments from our friends. Please register and post your comments here. We will do our best to reply to some of your comments.
Thank you
Hugo
As the Big Boards suffer from the Bear Market coming our way for 2008, money will start to flow into the lower priced stocks that are not pegged to the major exchanges...
The DOW is about to fall apart:
http://i4.tinypic.com/6onkz06.gif
Spread the Word guys!!!!
Here is the link for the chart posted below. If I have left anything off please let me know and I will add it. If you feel so inclined, please put this chart everywhere. Beatles and Hendrix sites, stock chat forums, Yahoo Boards...
We are way under the radar. We can either wait for Fuego to build momentum or we can help it along!
http://stockcharts.com/c-sc/sc?s=FUGO&p=W&yr=3&mn=0&dy=0&i=p82663104824&a=127657865&r=4796
-or-
TinyURL version: http://tinyurl.com/2hewao
I have called them and yelled enough for both of us! Ameritrade has tons of stocks that they have been doing this to. I run into it on stocks under 3.00 a few times a month.
Yes, please call and raise hell with Ameritrade!!! I am having the same problem and have had to go thru ETrade on my buy orders.
Fuego web site is awesome!
Compare Fuego to Virgin... from the site you would think they stand on equal footings.
http://fuegoentertainment.net
http://www.virginrecords.com
There is a seller out there somewhere who has completely stalled us and the momentum never kicked in. Nice thing is the shares are being absorbed and they will run out at some point. When they do we are sitting on go.
Just talked to Hugo. He is pissed but not discouraged. He said the revenue will speak for itself this year even if the PRs are not sinking in yet.
If you are a new shareholder or looking to invest.... please take time to call the company! They are always busy, but will take the time away for shareholder inquiries!
Keeps getting better!
Updated FUGO Daily chart:
Means only one thing... buy the dip! Jump on the bid guys and grab a few more.