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...and I can hold for a long time.
Right back at you!
Love this place.
JP
IMO, most folks dabble in the OTC for the quick buck. It's almost unheard of to hear of holding a OTC or pinksheet stock for an extened period of time. I think the fact that the "Team" actually holds these positions flusters the crap out of the MM's and their paid lackeys. I've seen some bashing in my short time in the OTC but the relentless pummeling that the FLD plays have gotten from a few miscreants is nothing I have ever seen before.
Personally, I find their presence soothing. It drives the point home that somewhere out there, an MM is going to come home from work and realize he got taken by US!
I feel we have the MM's locked in a game of chess. We keep checking their king and they keep escaping. I've got a good feeling that we'll be saying checkmate very soon!
JP
Just based on the noise alone, I'm going to have to purchase more CDIV tomorrow.
Seems like a great time to add to my position with the impending squeeze upon us.
EIGH is going to to get nibbled on as well.
Well I think we know why the board has been so quiet.
ADMIN has been watching and they seem to have also handed out some sentences.
Folks, if we trully are team members, lets not bother attacking people personally. It's not only petty but ADMIN frowns on it. There is no reason for it. We all know what we hold here and we all know the squeeze is going to be forthcoming. I implore all my fellow CDIV longs to hold tight, post only about CDIV and ignore the naysayers and ner-do-wells.
I'm down on my CDIV investment but I'm holding strong because I believe in what Monk is doing and I believe in the FLD concept.
Hope everyone had a great fourth. Looking forwad to a great week!
JP
I think EFLN will do OK. 001 looks to be the floor. Right now, it has to go up 100% to close at the most recent trading high which is nothing in pennyland. Dilution looks to be over.
EFLN is one of the weirdest stocks I have ever come across. Heavy bashing of a sub-penny is expected but our bashers have been working overtime. For some reason, ADMIN is monitoring a board that is nowhere near the most active and for a stock that appears to be going nowhere.
I'm holding for now. I'm a bit in the red right now but I'm going to let it run. I think we see the 2's again next week. This stock has run on a lot less volume. Figure out your exit strategy, put a GTC order in for the price and walk away if you want out of the position.
Don't sell now unless you really need to. 6 months until the end of tax season, a lot can happen.
I'm in both EIGH and CDIV.
CDIV will run soon I think. EIGH may take a bit more time. I think you'll have plenty of time to cash out of CDIV and load up on EIGH.
I'm holding.
Someting is up and I want to stick around and see what happens.
.0001 or .1000
Something is goign to happen. Either payday is huge or I lose it all.
Roll the dice folks!
Interesting action today. Looks like 001 was the floor and we are moving up. Also appears dilution is compete which is a great sign since they maybe dumped 50 million shares as opposed to hundreds of millions. Much needed funds for future projects most likely.
I like the sound of a broken record as well.
EFLN will do fine. We will close green today heading into the long weekend and emerge next week stronger with a PR in hand.
11 x 14 does not promote selling and I think AUTO is done.
We'll know after lunch.
Nice analysis.
I think dilution is over.
Bid ask spread is not condusive to selling.
The consensus is that AUTO is done unloading shares.
If we close green at 13 or 14 prior to long weekend, that willbe an awesome sign.
What happened there?
AUTO at 14 is troubling.
Hope he isn't getting ready to dump.
MM's still trying to entice sellers. We have to hold the line here!
It will move soon.
Hold tight folks! I envy you folks who got in at 001, excellent buys.
Bid needs to move up but 14 on the ask is awesome!
14's up!
Boy if you got in at 001 or 0009, you are going to be mucho happy in a week or two.
Most of us are out of powder and along for the ride. Welcome to the roller coaster that is Pennyland.
I'm waiting it out.
Seems like some of the naysayers might ave been right, maybe they'll leave us alone and let us all cry in our beer in peace.
OK so where does EFLN go from here. If AUTO is done selling, 001 to 0015 is the new floor. With some PR's, I don't think 2 is out of the question.
I think we'll all have to lay low for a bit and hold. I wish the company would PR what the dilution is for and inform us. The best thing they can do is sow transparency.
Glass is either half empty or half full.
Well I'm down 50% but I choose to look at it as my glass is half full.
I think a run is coming but only time will tell.
We could see 0005 tomorrow or we could see 003
Roll the dice boys and girls and let it ride!
Sub pennies are nothing but gambling. Don't risk money you can't lose.
IMO, this is setting up for a run. Last one went to 35, I thnk this goes a bit higher.
Too much bashing on a low volume subpenny for there not to be alterior motives.
001 is the floor and smitt is right, AUTO stops selling and we are right back to 15
Beginning of April, EFLN ran to 35. It's happened before, it can happen again.
Sucks to see red but I think if we give it time, she'll run again.
Expect to see us bounce around the 1 to 15 range for awhile though.
We'll either win big or lose big here, there is nothing in between.
We either got scammed or we are on the verge of something big.
I still don't know and while it sucks to "hope" something happens, it's pretty much all we have left.
I suggest we all try and stay positive. Let the bashers (all two of tem) have their day. Gracefully accept the fact that they could be right (at this point it appears they are) and don't respond to their "see I told you so's".
Lets see if EFLN can pull a rabbit out of the hat and move higher.
Other know scams have done it, why can't EFLN? What we migt need is a cooling off period and a lot of low volume sideways trading to not only flush out the rest of the dilution, but give the stock a chance to regain a solid floor and possibly start to move up.
This is going to be a long process and possibly painful but I think we can all emerge victorious if we hold tight and just chill out for a bit.
Have a great holiday weekend sir!
Hey I'm by no means happy with the SP action over recent days. I think this is completely overdone but then again, the selling will continue until the company has sold all the shares they authorized to be sold.
I think they should have PR'd the selling and at least warned investors it was going to happen. The fact that they allowed the financer to dump shares willy nilly was foolish. The company had a lot of loyal shareholders and many of them have bailed due to poor execution. Dilution is not a screaming red flag, every company needs to do it sometimes but if it has to be done, PR it and explain why you are doing it.
I'm holding here. It's pointless to sell.
Let's see how it plays out. We dove down to 12 when the R/S BS came out and now we are at 1 with dilution.
Last time we bounced up, this time, we shall see. The difference this time around is there is plenty of news coming down the pike.
This could go down to 0001. Heck, I'm going to roll the dice and let it ride!
You got it, I'll count it in 6 months...a lot could happen.
Howdy folks, I'm back from flying all day.
Needless to say I am not happy with the PPS but I've been in pinky's where the wheels came off but somehow they found a mechanic. I think there is still a story (besides dilution) that has yet to be written. IMO, the company made a really poor choice to up the share count at these levels. They were poised to run but for some reason felt it was necessary to sell into the beginning of a run as opposed to doing so when it had a full head of steam. I don't know what happened but for most of us, it's one more stock to stick in the back of the portfolio and hope one day it regains it's former glory. There is also the possibility that dilution is over. PR's could come fast and furious. I can't see a company diluting for chump change but then again this is pinky land.
I'm not numb. Sure it sucks but then again, I'll bet a lot of large cap investors are pretty pissed right now. Look at the DOWn and I'l bet their "safe" portfolios are red as well. EFLN has let us down, no doubt about that but I think there is room to run if news continues to hit.
Worst case scenario, EFLN turns into a tax loss. Got to offset some of those gains in other plays right?
Tomorrow is a new day.
My glass is half full.
I think there is hope. It sucks right now but I think if we hang on, we'll be fine.
If it was dilution, someone ate up all the shares all the way down. 25 mil bus to 17 mil sells doesn't scream dilution to me. Dropping 0004 is huge at these levels but will seem like chump change at the 008 or 009 level.
Yes, the company has a lot to answer for. Call them, email them and demand answers.
Listen, they may be a scam but for now, I can't see them tipping their hand on chump change like today.
I have contacted the company and will update as I gather information.
Folks,
I haven't posted much here recently due in large part to my job. I am currently working very hard in support of the Deepwater Horizon cleanup efforts and consequently have been away from the computer for extended periods of time.
I will try and post at least once a day.
Nothing new on the stock front except the DOW appears to be taking a drubbing and has significantly fallen below the 10K mark.
EFLN released news today and consequently took a rather large haircut. There are rumors of dilution. If the company is nothing more than a scam, they certainly don't know how to run a scam. Only time will tell but for now, it's a wait and see. Efforts are underway to ungag the T/A.
All FLD's are in accumulate mode if funds are available. The recent market tankage appears to be affecting penny stocks as well so CDIV, GRNO, EIGH, and PNTV are all taking hits. I'll be adding as funds become available.
Have a great evening.
JP1101
I have already begun the process and I know that several others have as well.
Call them and demand information. Be courteous but be bold. The questions I would ask are:
1. Can you please provide a website or contact information for Extreme Synergy Corp.
2. Can you please ungag te T/A and become transparent on the share structure.
3. Can you please PR any diluting and explain what the money is going to be used for.
Just a start but hope it helps. Again, be courteous but let them know that their recent actions are casting doubt on their company.
Here is my perspective.
I hope we all didn't get taken either.
Buy volume was 25 mil and sell volume was 17 mil so if there was dilution it wasn't much at all.
Assuming the company sold all 17 million shares (which is a stretch) at an average of 0015, they only made $25K. That seems entirely too little when they could run the price to a penny and make 10 times that much.
Assume they dumped all 44 million shares at an average of 0015, that is only $66K. Again, entirely too little when they could dilute at a penny and make 10 times that much.
Here is my biggest beef with today and the dilution that possibly occured. The company lost all the credibility they gained by releasing the PR as planned. They dumped shares and drove the price down. Some folks picked up shares at 12. These folks now have a double at 24 which means that resistance level is now that much harder to break.
I don't blame the company for wanting to raise funds but I do blame them for being stupid about how they are going about it. If this company wante to raise money, fine but sell into a run, don't sell into the very beginning and kill it from the start.
I think if this company was a total scam as some have said, they would have gone ahead with the R/S from the beginning and then diluted the heck out of this thing. They didn't do that so there is hope.
I'm not sure who is running their fundraising department but they should be fired. I can't belive that these scam artists (if they are) would destroy a cash cow for $66K at the most.
We shall see what happens but the company dug a huge hole and now they are going to have to figure a way out of it.
Not the kind of action I was expecting after news but I'm still holding. A lot of us went through this when the R/S BS popped up and we rallied hard from there. If you can, pick up some cheap shares here and ride it back to the mid 2's. If not, walk away from the computer and come back in a week when we have rallied.
Keep up the pressure folks, word will get out and EFLN will attract new blood.
Company is delivering on promised PR's!
Looking good. Need a bit more volume but I think the word is getting out.
The lone basher was hard at work today. Bottom line is the company delivere when they said they would and I think are on track to continue to deliver. We have an agreement with a company and 3 mil in revenue coming down the pike. TA will most likely be ungagged shortly.
Revenue and transparency! Got to love it.
EFLN getting buzz on other boards.
Should lead to volume!
EFLN looking good, excellent news. Time to run.
Wrong!
http://www.extremesynergy.com/main.html
See ya.
Great news and the company delivered when they said they would!
Serious credibility folks!
I'm not in this time around and I may have already missed the run. Yesterday's action may have been it, I'm going to sit this one out see what happens.