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I would like to know how they already know that the 1812 Amber Ale will be the top draught poured at the event
Paul Messena, Dinosaur Beverage Manager, stated “Due to its strong draught sales, the Dinosaur has chosen Sackets Harbor Brewing Company’s ‘1812 Amber Ale’ to be the top draught poured at the event.”
and you should read the end of my Post before saying that, It was all in my opinion.
After the R/S by years end you will see .08 for a brief moment imo
GREAT POST The best part of it is you didn't fall for the typical message board BS. Play the stock for what it is today and let the longs do the Worrying what is going to happen months down the road. making money is the name of the game and every one is out for #1 themselves. Way to much hype from a few posters was going on.
Hey Mav, Your getting close to what you thought some time ago.
Posted by: maverick one Date: Wednesday, May 07, 2008 2:29:28 PM
In reply to: None Post # of 186352
IMO see all of you @ .0007 this has been shorted into the sub cellar they have to cover there is no other way. I'll add when it bottoms not a minute sooner...this has a long way to go still we're talking in the .003's still. It will take a few more weeks about 14-21 trading days to start getting to where I'm going to be hitting it at.
A, then start the dilution all over again eom.
Is strange, But whernt the indicators turning up when this was sitting in the .005 to .007 range?.
ok cdnkid10 seing you stated it as a fact it must be, we are now sitting @ 2,343,309,876 O/S. 156,690,124 away from the A/S.
2-Bil O/s coming up pretty quick.
We ever get that earth shattering Pr you stated months ago?. Just want to make sure you are including yourself in that EVERYONE ELSE DOES LIE!!! LOL. Have a great wknd.
LOL you should be polite, look at all those shares being offered up down at these levels. O/S 1,543,309,876 . 456- Mil more and 2Bil will be served up Sweet.
Same thing that has been going on for months now adding to the o/s every month 208 Mil added in june 621-Mil for 2008 so far. dying a slow death from .01s to the .000 and a R/S by eoy imo
Wait a week or so you could very well buy double the amount of shares from todays pps.
SMANE 10-Q Jun 20, 2008 http://www.pinksheets.com/edgar/GetFilingHtml?FilingID=6006736
Penny Stocks
May 8, 2003 | By Investopedia Staff, (Investopedia.com)
Successful companies aren't born, they're made. They have to work through the ranks like everyone else. Unfortunately, some investors believe that finding the next "big thing" means scouring through penny stocks in hopes of finding the next Microsoft or Wal-Mart. As we'll explain in this article, this is probably not the best strategy.
What Exactly Is a Penny/Micro-Cap Stock?
In this article we'll use the terms "penny stocks" and "micro-cap stocks" interchangeably. Technically, micro-cap stocks are classified as such based on their market capitalization while penny stocks are looked at in terms of their price. Definitions vary, but in general a stock with a market capitalization between $50 and $300 million is a micro-cap. (Less than $50 million is a nano-cap.) According to the Securities & Exchange Commission (SEC) any stock under $5 is a penny stock. Again, definitions can vary, some set the cut-off point at $3, while others consider only those stocks trading at less than $1 to be a penny stock. Finally, we consider any stock that is trading on the Pink Sheets or OTCBB to be a penny stock.
The main thing you have to know about penny/micro stocks is that they are much riskier than regular stocks. For instance, junk bonds (bonds with a rating lower than BBB) are considered a much higher risk than those of investment grade (bonds with a rating higher than BBB). In the world of stocks the equivalent comparison is penny stocks vs. blue-chip.
What's the Problem with These Stocks?
What makes penny stocks risky? Four major issues arise when you decide to buy these securities:
Lack of Information Available to the Public
One thing we always preach is that the key to any successful investment strategy is acquiring enough tangible information to make informed decisions. For micro-cap stocks, information is much more difficult to find. Companies listed on the pink sheets are not required to file with the SEC and are thus not as publicly scrutinized or regulated as the stocks represented on the NYSE and the Nasdaq exchanges; furthermore, much of the information available about micro-cap stocks is typically not from a credible source.
No Minimum Standards
Stocks on the OTCBB and Pink Sheets do not have to fulfill minimum standard requirements to remain on the exchange. (Read more about these requirements here.) Sometimes, this is why the stock is on one of these exchanges. Once a company can no longer maintain its position on one of the major exchanges, the company moves one of these smaller exchanges. While the OTCBB does require companies to file timely documents with the SEC, the Pink Sheets has no such requirement. Minimum standards act as a safety cushion for some investors and as a benchmark for some companies.
Lack of History
Many of the companies considered to be micro-cap stocks are either newly formed or approaching bankruptcy. These companies will generally have a poor track record or none at all. As you can imagine, the lack of histories of companies only magnifies the difficulty in picking the right stock.
Liquidity
When stocks don't have much liquidity, two problems arise: first, there is the possibility that the stock you purchased cannot be sold. If there is a low level of liquidity, it may be hard to find a buyer for a particular stock, and you may be required to lower your price until it is considered attractive by another buyer. Second, low liquidity levels provide opportunities for some traders to manipulate stock prices, which is done in many different ways - the easiest is to buy large amounts of stock, hype it up and then sell it after other investors find it attractive (also known as pump and dump).
The Problem for Investors
Penny stocks have been a thorn in the side of the SEC for some time because micro-cap stocks' lack of available information and poor liquidity make these groups of stocks an easy target for fraudsters. There are many different ways these people will try to part you from your money, but here are two of the most common:
Biased Recommendations – Some micro-cap companies pay individuals to recommend the company stock in different media, i.e. newsletters, financial television and radio shows. You may receive spam e-mail trying to persuade you to purchase particular stock (click here for an example). All e-mails, postings and recommendations of that kind should be taken with a grain of salt. Look to see if the issuers of the recommendations are being paid for their services as this is a giveaway of a bad investment and make sure that any press releases aren't given falsely by people looking to influence the price of a stock.
Off-Shore Brokers– Under regulation S, the SEC permits companies selling stock outside the U.S. to foreign investors to be exempt from registering stock. These companies will typically sell the stock at a discount to offshore brokers who, in turn, sell them back to U.S. investors for a substantial profit. By cold calling a list of potential investors (investors with enough money to buy a particular stock) and providing attractive information, these dishonest brokers will use high-pressure "boiler room" sales tactics to persuade investors to purchase stock.
Buying These Stocks
Two common fallacies pertaining to penny stocks are that many of today's stocks were once penny stocks and that there is a positive correlation between the number of stocks a person owns and his or her returns.
Investors who have fallen into the trap of the first fallacy believe Wal-Mart, Microsoft and many other large companies were once penny stocks that have appreciated to high dollar values. Many investors make this mistake because they are looking at the "adjusted stock price", which takes into account all stock splits. By taking a look at both Microsoft and Wal-Mart, you can see that the respective prices on their first days of trading were $28 and $25 even though the prices adjusted for splits is $0.09722 and $0.02444 (at time of writing). Rather than starting at a low market price, these companies actually started pretty high, continually rising until they needed to be split. (Click here for a spam that claims Microsoft and Wal-Mart started out as penny stocks.)
The second reason that many investors may be attracted to penny stocks is the conception that there is more room for appreciation and more opportunity to own more stock. If a stock is at $0.10 and rises by $0.05, you will have made a 50% return. This together with the with the fact that a $1,000 investment can buy 10,000 shares convinces investors that micro cap stock are a rapid surefire way to increase profits. For some reason, people think of the upside but forget about the downside. A $0.10 stock can just as easily go down $0.05 and lose half its value. Most often, these stocks do not succeed, and there is a high probability that you will lose your entire investment.
Conclusion
Sure, some companies on the OTCBB and Pink Sheets might be good quality, and many OTCBB companies are working extremely hard to make their way up to the more reputable Nasdaq and NYSE. However, the flip-side is that there many good opportunities in stocks that aren't trading for pennies. You need to understand that this is a high risk area that isn't suitable for all investors. If you can't resist the lure of micro-caps, make sure you do extensive research and understand what you are getting into.
By Investopedia Staff, (Investopedia.com)
http://www.investopedia.com/articles/03/050803.asp
.0007 on Monday then about 150-200 Mil dump on Tue @ .0005 jmo lol
Great hope you made some $$ before it fell apart. eom
I have to laugh at all the past posts on this board - posts that convey how great the company is, people won't get the shares any cheaper when it was @ .01 then .009 then .008 and so on , now sitting @ .0013, and while all that positive "speculation" was being posted by all the so called longs on this board that are in at a higher pps saying they are not selling one share, everyone that has waited to put a order in saved some big $$$. So maybe for some of the ones that are eagerly waiting to buy shares @ .001 will be the smart ones and will be the only ones that make any money on this losing venture.
Calm down LOL Ya I need to calm down. Email Tom Boy and find out who he dumped them on. Maybe family members
Disposed of (D)
If they do that r/s you have mentioned it could be @ .10
That is a great sign whith the rsi @ 32.76, 166.8 Mil share increase in this month alone and with no end in dilution. They wont buy. Need the second step of it with pps takedown on low volume with no to very little dilution
Great call on DMGS
Was there a 1.4 Bil O/S last time it ran hard ?
Looking for more on this one next week.
First trip was nice from
BOUGHT SMANE $0.0013 CASH 5/30/2008.
SOLD - SMANE $0.005 CASH 6/2/2008.
Great board you have
Have a great wknd
Diamond90
Looks like dead money unless you are flipping for a few ticks
And the more assets The more dilution that will rain down on this stock and Yes for month after month we have seen more dilution and with no end in sight. Have any made 1$ profit yet?. Imo the O/S will get close to 2Bil and a R/S by 2009. Then the party can start all over again. Only 700mil away
Seems like every Pr brings along a higher o/s with it.
Got some @ .0015, hope she bounces back up.
In SMANE @.0015 for a bounce Big take down on small volume today.
As of April 23, 2008, the Registrant had 49,583,420 shares of common stock outstanding
Might be some dilution going on here at the moment.
During 2008, we made payments to certain holders of our secured
convertible notes of amounts due under the notes by issuing shares of our
common stock under the terms of the notes. These payments were in the form
of 39,656,982 shares of the Company's common stock in satisfaction of
$278,180 of obligations due under the notes. We expect to issue additional
shares of our common stock in payment of amounts due under the notes during
the remainder of 2008 and thereafter. In general, the shares issued are
available for immediate resale by the holders in accordance with Rule 144
under the Securities Act of 1933, as amended.
-- On May 12, 2008, Bounce Mobile Systems, Inc. converted 339 shares of
Series C Preferred Stock into 300,110,259 shares of our common stock.
-- On May 14, 2008, we received final commitment from investors to close
on the fourth round of our series B secured convertible note financing,
whereby we will receive gross proceeds of $376,000 of which $200,000 was
already pre-funded by BMSI. We expect to close the fourth round on or
about May 16, 2008.
Any update on the currant O/S The latest I have is State the number of shares outstanding of each of the issuer’s classes of common equity, as of the latest practicable date.
Title of each class Number of Shares Outstanding as of May 13, 2008
Common Stock, $.01 par value 341,474,535
Thanks for the chart on UPDV Sheff, Hope I get a bounce out of this one this week.
Not much info I gathered, just playing it for a bounce. I am in @.0031 could be a risky one been falling the past 7 trading days.
Looks like a great board I am New to the board and hope I can bring some plays with positive outcomes.
UPDV Worth watching
Outstanding Shares
119,210,748 as of May 12, 2008
Authorized Shares
200,000,000 as of May 12, 2008
That Pr should be good for another 50 -Mil volume day with another increase in the ever bloating heading towards 2-BIL O/S and hold the .001s
Thanks for all your updates. Eom
And just think just about every time he post it, It shows more dilution, Last one up 56-Mil