Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.
Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.
This stock follows no technicals. The company is full of liars and cheats. Yes high volume today, yet to the downside again. Let's just hope they pay someone again to pump this thing up to .10 a share and we can all try and get some of our money back and maybe even make a penny or two.
what big news might that be? Haven't seen anything from them so far today....or last week, or the week before, or for the last 6 months....if you want to talk about real news, I haven't heard anything from them in 3 years.
I would love to say it would help, but it wont. This company has hit zero of their dates over the last three years and not just by a little bit. Most dates have been missed by months and then there is the production date that has now missed by over a year...they will just give you the same BS answer on their facebook page...we are still waiting on formal approval from the SEC.
There is always the chance that the SEC has no intention of approving the S1...but who knows.
I wasn't posting that CDTI had no revenue, I was posting that FARE did not have revenue at the time Awesome Penny Stocks pumped it up to its all time high.....try reading the post again. If it wasn't clear, then I apologize, but that was the intent of the post. I only used CDTI as an example of patents having value based on what happened yesterday after their patents were approved.
This is all true, but lets also remember how the stock got to its all time high in the first place.....Awesome Penny Stocks ran an email blast on the stock for about 3-4 weeks and as soon as they quit running it and investors realized the company had no revenue and no real date to start selling things, it tanked pretty quickly. Patents are obviously worth something, as evidenced by what happened with CDTI yesterday, although that is also taking a little tumble today. If they release news that has anything substantial in it, I think the PPS will jump, but if it jumps high enough, it might not be a bad idea to take your profit and wait for it to drop back down at that point. I would feel a lot more comfortable investing profit into this stock, rather than sitting on my original investment hoping that what we all seem to think will happen, eventually does.
The 10Q filing is more of the same, BS and pushed dates.
an up to $.35 because awesome penny stocks ran it up and then it tumbled...had nothing to do with the company itself. no company with zero revenue should have a market cap of 15 million after almost 4 years of no products for sale.
IF EVERYONE WANTS TO SEND ME THEIR EMAIL ADDRESS, ID BE HAPPY TO WRITE A NICE EMAIL TO PATRICK OVER THERE AND LET HIM KNOW HOW THE INVESTING WORLD TRULY FEELS ABOUT THEIR CROOKED FUCKING COMPANY.
WELL I WAS WRONG, ALREADY CLOSED AT MID $.02'S....WHAT A SAD SACK OF SHIT
Looking like it will be in the mid .02 range next Friday...assuming that we still have zero news...which doesn't surprise me.
OK, just to play devil's advocate here...
1.) the post on the FB page about the "minor" discrepancy in stock price is a "MAJOR" issue. You can't post something about your stock price, inflate it 20% and then call it a minor mistake. That is a MAJOR problem and yes, should result in someone being fired. The problem is, who are they going to fire? They have like 5 employees and all have worked together before, which happened to be in other "possible" fraudulent companies.
2.) The shit with the SEC, as I have said before, could all be more smoke and mirrors. Yes, maybe they are trying to portray the image of trying to become a legitimate company, but lets be real here...the reality of it is that all they may really be trying to do is sway public opinion their way so when they come out with their next "big news" after this so called "quiet period," the stock price jumps up to around $.30 and they unload all of their shares for a nice little profit. I am not saying I would be completely against that as long as there is a buyer for my shares and I can get rid of them before it tanks.
Like I said, I am just playing devil's advocate here...I hope everything I think is wrong and they truly become a real company that sells products and makes money. It just seems odd that they push back their "sales guidance" every 6 months.
HAHAHA I AM COMING UP ON 1.5 YEARS THIS NOV....I MEAN SERIOUSLY...THEY SHOULD ALL BE LINED UP AND FLOGGED AT THIS POINT. THEY HAVE DONE ABSOLUTELY NOTHING EXCEPT CREATE A PROTOTYPE TO TAKE TO MOTORCYCLE SHOWS, MAKE STUPID VIDEOS ABOUT THE "FASTEST DELIVERY SERVICE IN THE WORLD" (WHICH DOESNT EVEN EXIST MIGHT I ADD, AND CREATE BS PRESS RELEASES. I HAVE LOST ALL CONFIDENCE IN ANY OF THESE GUYS.
here is some financial feedback...they don't have any money!
and here goes another drop...
HERE IS THE PROBLEM, THESE GUYS CAN CONTINUE TO POST THIS BS EVERY DAY AND NOBODY CAN ARGUE WITH IT BECAUSE THERE IS NO WAY TO PROVE OTHERWISE. I HAVE NOT DONE IT YET MYSELF, BUT WOULD BE INTERESTED TO GO THROUGH GOOGLE AND SEE IF ANYONE ELSE (ANY REAL COMPANIES) ARE HAVING ISSUES WITH GETING S1'S TURNED AROUND, AS FARE CLAIMS THEY ARE...I AM STILL IN THIS DEAL, AT LEAST FOR THE SHORT TERM....
EXACTLY...I DONT HAVE ENOUGH MONEY IN IT TO CARE IF I LOSE IT, BUT LIKE THE CHANCE FOR THE UPSIDE...YOU ARE EXACTLY CORRECT THOUGH, THIS WAS SUPPOSED TO GO INTO PRODUCTION 3 YEARS AGO AND THEY HAVENT DONE SHIT....STILL NOT EVEN FINISHED WITH THE "VERIFICATION BUILD." WHAT A JOKE.....WE NEED TO GET COPIES OF THEIR PATENTS AND SEE IF IT CAN EVEN BE PRODUCED AND THEN GO BUY THEM OUT AND DO IT OURSLEVES!
Early and already above average volume for a whole day and down 19%...and let the slide begin.....they have been "working" on this S1 forever now and nothing ever comes of it.
hahah maybe they are both Unwiseman!
I am still an investor but I will not change my mind about the company being a fraud until they announce a sales agreement and generate even at least a little bit of revenue.
The fact that they had a Las Vegas headquarters tells you nothing of a company. My company is def a real company and we used to have a Las Vegas partnership for tax purposes...nothing else.
why don't you guys email the questions about Paul Giles to good old Patrick at World Moto and see what he has to say about it.
you were correct, but it was "supposed" to be happening for 6 months now...
The problem is, he sent me that same response 2 months ago and nothing has changed.....I just think he is full of crap.
Only thing about her buying the shares that doesn't do much for me is that 200k shares only costs $10k. they could easily talk her into buying the shares with an agreement to get her money back through some other deal, just so It looks like insiders are buying shares....I could obviously be wrong and I'm sure there is some legal issues with doing that, but hey, you never know
Has anyone emailed Patrick in the last week and asked when they are going to start selling products? he wont answer my emails anymore after I asked him questions about sales, other than "we look to start generating rev in qtr 3....well......
There is no charting a stock like this....it moves up and down on nothing. Until they come out with some news, it will teeter between .04 and .06
as evidenced by a $315 trade this morning. It takes nothing to move this stock either way. $315 trade drops it over 12%.....
Just like everyone else that has been following this company, I HOPE, that we are all wrong and they eventually make something out of this. Like I said before, I am willing to bet $5k or so for the chance at making it $100k at some point.
Guys,
Sewer and I have battled a fool named Tom Wiseman on the yahoo message boards for coming up on close to a year now.....Tom is by far one of the biggest idiots to post on Yahoo, but it is hard to argue with his point that World Moto has yet to sell anything.
I for one am getting sick of their BS videos they post showing how their stuff is "supposed to work," yet they sell nothing. Until they come out with some concrete deals, I for one don't believe this company to be anymore than a load of crap.
The fact that they couldn't get their Wheelies product out to the market before someone else stole it, is just pathetic. The same thing will happen with the moto-meter unless they get off their asses and actually produce something to sell. There comes a point in time where you have to quit claiming you are "making a product better" and actually sell it to see if the public even wants the product to begin with. if they do, continue to better it and sell it to them again.
that being said, I have sold off most of my position and am currently holding 89,000 shares.