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"Quote:
You think pennies, you get pennies. You think millions of dollars, you get millions of dollars."
I love that quote but it works both ways. If Ken and the rest of of the company are thinking that SDVI is a "pink" (non-reporting company) then that is the way it will be. But if he truely intends on uplisting and growing then he needs to start thinking like a fully reporting company, IMHO.
A lot was said about DME and the poor job they did but to be fair, what did they have to work with? You can only point so many people to the stock but it is up to them if they buy it or not.
The real question should be what scared DME's investors away from SDVI? Was it the lack of information? The lack of follow thru? etc...
IMHO, The mindset of SDVI has to change in order to attract the investors that they will HAVE TO HAVE in order to grow their buisness in the future. ROI, is a very important factor when most people purchase a stock and the company needs to sell it to investors that the ROI is there.
GLTA
bigroy,
Here is one I sent on 4/8/10..Help me out here, should I have worded it differently or was I asking something that would be considered "insider Information"?
My E-mail..
"As an investor in Signature Devices, I was wondering if you could give me an approximate time frame for the release of the Q1 financial data for the company. I have noticed that the company is making very good progress on a quarter to quarter basis over the last year and I am hopeful that the Q1 data will show that trend continuing.
Sincerely,
XXXXXXXX"
I have e-mailed them several times over the last month with questions and have never seen a response from them on any of my e-mails.
Guess it is getting close to decission time for me, Hold or move on..
GLTA
The release date for the RR series on Wii is showing 6/25/2010. So does that mean we have gone from 5/17/2010 to after 6/25/2010 for an update?
GLTA
Can't they release multiple PR's as things develop? Why hold a PR for over a month because things "keep coming up"? That is just a plain dumb statement, IMHO.
GLTA
Agreed and no worries here..Just keep playing my other trades while I wait for this one to start it's move up.
GLTA
No problem, a little discussion is never a bad thing. In theory a R/S is a wash as far as investor value goes but in the real world the stock will almost always sell-off because of the feared dilution that normally comes afterwards.
I have no doubts that SDVI will need to clean-up their share count at some point in the future in order to attract the true long term investors (no offense intended to those on this board)as they uplist to higher markets and become a fully reporting company.
The only other option I see for them is to do a share buy back after they become more cash flow positive and retire the shares but that takes a long time to do so most companies opt for the R/S which is quick and painfull for the shareholders..
All are my opinions so take it as such...GLTA
IMHO, the only way a R/S is helpful to the shareholders is if they retire those shares and decrease the A/S share count at the same time and by the same amount. Anything less would be seen as dilution coming by the rest of the market and the existing shareholders.
Just my 2 cents for what it is worth..
GLTA
Lets all just set our sell prices over .05, relax and wait for it to come to us...He!! if ACLH can run over .07 in a matter of days then this should be worth a lot more with all the shares this board has tied up, imho...
GLTA
"Yep, alot of people from this board sold this morning. It's inevitable. They will miss out on the continued run."
I did yesterday and it is hard not to when you have a 10 bagger. Some people were in this for months and had really low average prices. I still hope you make tons of money too.
GLTA
He!! Yeah, two weeks is nothing in grand scheme of things...
GLTA
Guess that makes me weak as I sold it all this morning. I was buying this for months when no one else was even posting on this board so I had a very low average cost..
Too much green to pass up for me.. GLTA
BTW - I still think it has potential so good luck to all of you..
I still believe this can run hard when it is time and I still expect it to be an ACLH type run. This should happen in the next couple of months as this is a better company IMHO but they have to "toot their own horn" so to speak.
I see that everyone is really frustrated and that is understandable as I was right there with you several weeks ago but sometimes you just have to wait for it.
In fairness to DME, what has the company given them to work with? They certainly can't give out information about SDVI that the company itself has not released. If DME is smart they will advise SDVI to start releasing the information in a more timely manner to attract the new shareholders, IMHO.
GLTA
"If it is going down i am not going to try and stop it but will pick up shares much cheaper if i can."
Don't blame you one bit, I am doing the same as the funds allow..
GLTA
dfw5150,
"Think I may carry over Miss April to May. She is smokin' hot. lol "
While I agree with the fact that she "Hot", it is time to ditch her as she brought no MO-JO at all to us in April....In other words, NO KABOOOOMMMMM so she gets replaced..LOL
It's tough being the SDVI calendar girl...
machias,
While I love what your trying to do I think it might be time to let it run the natural course. A big down day might be exactly what we need to get this going back up.
A big down day may make SDVI show up on the traders "radar" as a possible bounce play which would mean new buyers, which could prime the pump so to speak..
GLTA
Looks like a little over 1M shares dumped at the .0015 bid..
Still holding for now..
GLTA
Bigroy,
Honestly, I am not real worried about the share price as that will come in time. What really bothers me is it would be nice for Ken and SDVI just let us know what is going on every once in awhile. Not to drive the price up but to keep us informed on how our investment in his company is doing.
I read on here everyday about something new that is happening with the company (most of it great) from other investors but the company remains silent. That is what bothers me most.
Thanks for letting me rant and BTW I still believe that this is a good long term investment and have not sold a single share, yet...
GLTA
Wow, I just don't understand this one at all. It appears that they have everyhing in place to be a big mover yet we are trending down.
They apparently (DME & SDVI) seem to have no concern with keeping Shareholders informed about what the company is doing and if we are making progress towards the stated goals from their PR'S.
Frustrated as he!!...
and just venting!!
GLTA
Looks like this could be a a perfect short squeeze if things fall out right for us.
Short Squeeze - "In finance, a short squeeze is a rapid increase in the price of a stock that occurs when there is a lack of supply and an excess of demand for the stock.
Short squeezes result when short sellers cover their positions on a stock. This can occur if the price has risen to a point where short sellers must make margin calls, or more loosely if short sellers simply decide to cut their losses and get out. (This may happen in an automated manner for example if the short sellers had previously placed stop-loss orders with their brokers to prepare for this eventuality.) Since covering their positions involves buying shares, the short squeeze causes an ever further rise in the stock's price, which in turn may trigger additional margin calls and short covering.
Short squeezes are more likely to occur in stocks with small market capitalization and small floats, although can involve large stocks and billions of dollars, as happened in October 2008 when a short squeeze temporarily drove the shares of Volkswagen on the Xetra dax from 210.85 euros to over 1000 euros in less than two days, briefly making it the most valuable company in the world.[1]
In the time from of 2/17/10-2/18/10 (2 days) CCTC Clean coal technologies went from .0449 to .42, an increase of nearly 1000% due to naked shorting and recently being on the REGSHO list.
The opposite of a short squeeze is the less common long squeeze.
This can also apply to futures contracts."
GLTA
Cool!! I hope they continue as I really enjoyed getting 240K today at .0018. I threw the order out this afternoon after watching .0017 sitting on the bid on day but I never dreamed it would fill. LOL
GLTa
Royal,
I am still really high on the company and think they are headed in the right direction. My only comment is that they have not acknowleded my e-mail in anyway shape or form. I don't expect any "juicy" details but the IR department should at least acknowledge information request from shareholders even if it's to say that can't say per law..BLAH,BLAH, BLAH..
GLTA
"I asked for uplist timeline several times, but never got an answer from the company."
At the risk of getting banned, I asked them for an approximate window for Q1 results and did not hear a word either.
I still think everything is fine but it would have been nice to hear back from them, even if it was a "we can not comment on that"..
GLTA
Not much Buying or selling this afternoon. Looked like the volume really dried up after about mid-morning..
Something has to give sooner or later.
GLTA
Current Level II
Bid - .0021 (1) .0016 (2) .0015 (1)
Ask - .0022 (2) .0023 (1) .0025 (1)
Volume - 3,415,000
Last Trade 10:01 100K @ .0021
Wow, with your 6M you accounted for almost 1/3 of the daily volume. GLTY
"Buying more tomorrow and will try to support the price until we get some new eyes on this."
I don't think that is required as this will run when it's time but thanks and GLTY....
Bid at .0021 and filling..SWEEEEEEET!!!
Finally hit at .0020.. Maybe it will keep moving up..
GLTA
Royal,
I gave my pure speculation in my message MSG #15388 on this board and I still believe that DME Capital is gathering a postion for themselves and their clients. Once they are done, it is my contention that SDVI will move big as they start their magic.
I may be 100% wrong on this but my gut tells me that this is a winner and will just take time. I could list hundereds of stocks that currently trade on the pinks higher than this one and they have worse share structure, no revenue, etc..
GLTA
My WAG is it will move when the volume drys up to next to nothing, which its close to now or news comes out.
I don't believe the second one will happen until all the players have the positions they want.
It seems to me that some really good PR's could of been sent out regarding game release dates and other stuff but you have to ask yourself, why they have not been..Most stocks on the pinks will send out a PR when the CEO goes pee just to pump the stock up but SDVI is a very different animal.
IMHO, this company has a good "story" to tell, yet they are not for some reason.
But then again that is just my opinion..
GLTA and have a great weekend..
RehabGuru,
"But what credibility would the Q1 Financials have if they are not Audited?"
I'm personally not really that worried about the "un-audited" verses "audited" issue, i am just looking for revenue growth on a Quarter to Quarter basis. Look at Enron for example..how did their "auited" financials work out for their investors?
"The real investors would still be waiting on the side for the company to "Mature" and begin to play in the "Big Leagues" IMO"
That is a very true statement but I want to be in before them and IMHO this is one of the best stocks that currently trades on pinks. They seem to have everything in place to make a strong push forward..
GLTY
Anyone have any ideal when the Q1 Financials will be released? I sent IR an e-mail asking about it this morning but so far no answer.
I think another quarter showing an increase in profit may be what we need to take the next step up. But that is just my WAG.
GLTA
One good PR today and my guess is that we would see .01 in a matter of hours as the Day traders and momentum traders try to jump on board for the quick buck. Then again that is just my WAG..
Hope everyone is doing good this morning..
GLTA
"Ken could have gave Penny Stock Chaser a few million shares and knocked that out in a week"
I have seen that, time after time on these pinks.
After doing a little more research on DME I really think they are setting this up for the big time and not some pump n dump but that is just my WAG on the subject.
Steps to success...
Step #1 - pink up all the loose change
Step #2 - Eliminate the weak and frustrated
Step #3 - Bam!!
This should be fun for the next year or so.
GLTA
Maybe there is more going on with DME then we think. I found it interesting that on their website under the management section it read
"Matthew Graci serves as Co-President of DME Capital. Mr. Graci's main responsibility at DME Capital is trading execution. Matt utilizes an approach that has enabled DME to attain large blocks of stock in public companies that have limited liquidity all the while NOT driving the stock price up."
My wild A$$ guess is that they let it run once they buy what they want / need but that is just a guess on my part.
GLTA
Sorry, one more post.. That was total BS, a 20K sale ($32) to paint the tape at .0016...
GLTA
Well guys and gals, I guess it is sit and wait time.. I have set my exit target price and I hope it hits before Christmas. Everyone take care and I'll check with you all later.
BTW, this is one of the best boards out there and I always enjoy reading the different points of view.
Now back to the Yahoo Jungle for me..
GLTA
Still have mine for what its worth and have been adding as possible. No where near some of you but I am happy..
GLTA
What is weird is the fact that NITE has the ask at .0017, then its followed by DOMS at .0020.. We are being played on a low volume day so everyone have a great weekend and come back next week..
Hopefully next week something will spark this to move up and the "power buying" to begin.
Have a great weekend everyone, I'm gone..
You will be fine as long as wait for the real run and GLTY also..