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Another penant setting up. .15 is about midline. EOM.
Sheesh, yuppies. EOM.
Thanks, didn't think there was any news, but I'm not as in-the-know as some. Hopefully they can get it approved relatively soon enough to have it somewhat conincide with the stamped #'s.
Btw, what is the status of the Dubai exchange listing? Anyone?
Og - everyone who wants in is and everyone who wants out is. Probably wont see much happening all day. Maybe a bit at the end or tomorrow morning, but I think we've pretty much reached our equilibrium here.
I'd guess that person had $5,000 to spend.
Nope, not at all. No level II here, but I'd say were 'bout to go to .19. GLTA.
FWIW....
A couple good things happening on the 5 min chart now.
20MA should cross above pps w/in 30 mins and provide support or a bounce.
50MA should cross above 200MA in about 1 hour. That could spur an uptick.
All IMO.
Any thoughts?.....
Per the 8-22 PR.....The current outstanding shares are 500 million. There are 362 million shares held by insiders. Of the 362 million insider shares, 162 million are restricted. There are 138 million shares in the public float.
And, per the 8-8 pr......Wessal International's President, Ahmed Khalil Al-Muslmani, is buying 25% of the company. No more shares are being issued by Sulja Bros; therefore, Mr. Al-Muslmani has to buy in the open market.
In theory, if Wessal is through purchasing, could the float now be 13 million (138M - 125M purchased by Wessal)?
This is assuming Wessal is through purchasing, which we don't know. It is also assuming Wessal had to purchase 100% from the float, or could Wessal purchase some of the unrestricted or restricted insider shares straight from the insiders and not have to pull some of it's 125M from the float?
Just trying to gain an understanding of how this would work and trying to get some kind of idea on the float. It's not trading like it has a float of 13M, so I know that's not the case, but could it theoretically become the case?
Any thoughts by those more experieced than I? [which isn't asking much ]
Didn't mean to start a controversy. If the board feels it's best not to post it in the IBOX, I'm fine with it. GLTA.
Greenspirit - a suggestion....
You might consider posting a link to the latest 'Chad update' in the IBOX. In this case StockHOG's post #82716. There's plenty of useful info in the post that people probably would like to be able to access quickly and easily. You'd have to keep it updated as new 'chad updates' were available. Just a suggestion to ponder. GLTA.
Looking like about to uptick. EOM.
FYI..20MA about to overtake the 50MA on 5 Min. EOM.
My thoughts.....
First, acquistions have been in the company strategy, therefore this increase in A/S is more than likely in the event they'll need to use them for an acqusition. That's more than fine with me.
Second, with the exception of the january s8 they have almost no history of upping the o/s....zero history of abusing the o/s for shady reasons.
Third, most companies have a considerably higher a/s as compared to o/s. Frankly I'm surprised they ever had an a/s of only 75M. At $.20 pps, a 75M a/s only leaves them with $9M for acquisitions. In the business world that's not a lot of money to work with. I welcome the new growth opportunity.
All IMO.
When the bashers start in with their lame stuff it's good news. It means they've got their eye on the stock and their money in hand. They're just trying to milk the downturn for a couple more pennies so they can get in cheaper. It's always a good sign that the pps will be rising soon.
Bashers, Swingtraders and Daytraders will be jumping on the wagon soon and we'll be rocking and rolling again. Consolidation is nearly over then it'll stair step it's way up to the next level. Hang tight.
50MA is beginning to move back up towards 200MA on 5min chart. Good first sign FWIW.
I agree. The one and only S8 that was ever filed was filed back in January. Those shares are accounted for in the 29.862M O/S. No more, no less.
Amazing- you're right, please delete my 4383 and 4387..
thanks.
Good luck. Thanks for the DD you provided.
Congrats to you on making your money here Raw. I think the point to all this is that people wanted/want a mod who was/is positive on the stock all the time. After you sold, before you told anyone, your posts became negative. After you rebought, your posts turned back positive again. You're a trader, that's okay, and that's the way your posts should be - but not when your a moderator to the board. Again, congrats on AAGH, good luck with UWNK.
As for BRIG. He did the same. Twice now you can tell when he has a position and when he's looking to reenter by the tone of his posts. I can tell he's looking for a position now otherwise he wouldn't have shown up out of the blue knocking the stock "fall from grace" Just like he did last time. As for his .28 pick......if he was that great and skilled at picking the tops as you're hinting he is, he wouldn't have sold at .22. It was luck. It happens to everyone - just far to seldom.
MM's quickly took it down to pick up the 10% stops. Looks like they caught a few. There's going to be some ticked off sellers when this finishes in the green again today.
All IMO.
These zero volume shakes crack me up. EOM
Braden - I don't know that I would count on them releasing a pr for August #'s like they did for July. The company doesn't have a history of releasing many pr's. I was surprised to see the last one. Wouldn't count on another, but it would be nice if they did.
Here's some news!
Revenues and net income exponentially up.
Last Q revs of $1.19M, net income $335K.
then...
July revs of $1.01M, net income $609K.
It is now reasonable to expect $.16 eps over the next 12 months. This translates into a current p/e of 2! At a 5 p/e we're a 80 cent stock. At a reasonable 7-10 p/e we're at $1.12 - $1.60.
This is only assuming we only have earnings of $.04 per quarter. We already earned $.02 of that for this quarter in the month of July only. So, these numbers are all very modest and completely reasonable and are probably leaning towards being conservative.
FUNDAMENTALS will continue to fuel this run for some time.
Enjoy.
shavitmi - The $609K is profit for the month of July only. Not the entire quarter. Quarter ends September 30th. They may or may not give us monthly updates. Good chance we'll just have to wait 'till Nov 15th to know their profit for the entire quarter.
As I understand it, QUIN is Park Financial Group. An institutional buyer. Basically a mutual fund. QUIN being on the bid indicates they're accumulating AAGH.
http://www.nmfn.com/parkfinancial
NITE is 90% retail (Etrade, Ameritrade etc.). This is usually just your average Joe Retail (you and I) buying, selling, flipping etc.
When QUIN is hitting the ask it's a great sign because they've done their research and wouldn't necessarily just jump in any and every stock. It's a great sign that this institution is accumulating.
That's the simplified version as I understand it. I think the gist of it is correct (not an expert on QUIN), but I'm sure others here can correct any details I may have gotten wrong or add much more than I can.
Let 'em both be winners. They can both flame away in the ibox. Flamers!
Yeah, whoever wins is officially a flamer.
That's the only reason I'm here. Not to gain insight, but to check out the hot chick! Hehe. If we could get AAGH to have her as their internet advertising model, we'd all be filthy-freakin' rich!
I fully agree. When this makes it to $2+, I'm buying that chick in the bikini -------------->
I must confess, I'm a terrible flipper...
I sold a small portion of my position at .26, then paid .27 to get most of it back. I suck at flipping! Never have thought it's a good idea to try and flip a bargain stock that's beginning a meteoric rise, but I tried it anyway. Lost again. Lose everytime. Greed kills.
Just glad to still have a nice position here in this super-undervalued play. Think patience will definitely win here.
All IMO.
We'll get through it. AAGH is looking strong. Volume has been on upswings, very little on downswings. Market is bloody again today, but AAGH is strong again. We've been butting up against .25 and we'll bust through soon enough. When it does I'm betting we have a pretty nice run. All IMO.
accumulation.........jasc
Ooops, make that up 10.5%.
Yeah, up 7% never looks good when you took profits the day before.
I'm with you on the forward eps of .20-.24. I'm guessing the market will reduce us (because it's new profits and we're on the otcbb) to a p/e multiple of around 5-7 though for a pps of $1.00 - $1.68 or an average of $1.34 pps. I like your $2-$2.40 better, but I'll be happy with mine too.
They're probably too busy selling to type. Hehe.
You're both way off! .343 it is!
.343 EOD Friday. EOM.
If volume precedes price, we're gonna be some rich biaaatches soon. Hehe.