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That news was from last Friday. We're now waiting on merger/acquisition news!
Two stocks I'm looking at this week: DYNV and XMDC.
I'm happy with any profit but I'm not going to flip this like I would other stocks that I deem "buy on rumor, sell on news". This is acting differently - a bit of a silent load before the ignition. For that reason, I'm in to see where the merger/acquisition news will drive this stock to.
I think we will see news next week regarding the merger/acquisition that has been previously discussed here. As long as there are no surprises, we should see a huge surge in volume and price when the news hits the wire. There's not a ton of "buying the rumor" folks here, so it looks like everyone might be watching and "buying on news" (and subsequent run-up)
I don't really ever trust anything posted on Yahoo and I don't realistically think substantial merger/litigation news will come until early June BUT crazier things have happened! I'll be looking to add once the bottom has been identified here!
The flaw in the logic concerning a stock going down after STT interviews its CEO is that this isn't a normal picksheet stock. There's not massive dilution, a massive O/S or A/S, no secrets. The company just put out two PRs for a combined $45 million in projects. That's huge news. Unless the CEO drops a bomb on STT tonight, I don't foresee a major pullback. We are consolidating brilliantly and the uptrend is still massively intact. Looking forward to seeing what the CEO has to say tonight.
I think a lot of people are waiting for the new base to be identified before they jump back in. Once the downtrend is eliminated and a channel/uptrend begins, you'll see a lot of people re-invest on the pending Marksman hearing/merger/litigation news!
he started the hype machine by saying there's multiple merger/acquisition targets he will be letting us know about within the next few weeks. Perfect time to let the PPS rise to multiple pennies imo!
I'd rather not see promoters because I think the MOMO of a merger/acquisition play would be more stable. Groups like APS buy in large and then when they've hit their price point, they bail and leave the stock to die. APS is an exception to this case because of the duration they pump.
All that needs to be done here is announce a legit merger with a good company and that news alone should spike this stock toward .05.
Bullish harami being set up on the 60min chart. Once the upper bollinger bands catch up with the stock price, this will move higher IMO. Still room to run on the daily RSI - we might see consolidation as it approaches 85 or 90.
Yes, patience is always a good thing when trading penny stocks :)
So that means you're in? LOL nice to see you here Rain. While the SS scares me a bit (the O/S as a whole, not the float), I think that the rumor of merger/acquisition alone can take this to .02-.03. Also given the previous shareholder letter, we can expect a shift in name & business from XMDC. I'm excited to see how high this PPS can rise!
I read the filings yesterday and I liked what I saw. I took a position this morning and hopefully this will rise on rumor of merger/acquisition! :)
I use the Etrade Pro trading platform. It has charts that you can adjust in realtime (1min, 5min, 15min, 60min, daily, weekly, etc). Combine with some indicators, I make my technical picks.
That's the next break in the 60min chart. That's where yesterday's candle separations are at. Trust me - you want .368 to fall :)
Break .368 and it hits .40 really quick IMO
MACD is rounding back on the 60min chart - once the line crosses above signal, you will have the technical catalyst needed to push this back to $4ish. I think we will continue to trade in this channel until the marksmen hearing begins in early June, but that's JMO. I won't take a chance of being out of this stock until then - settlement finalizations could occur anytime between now and the trial date. Any substantial settlement (after taking 20% out for lawyers and general litigation) will skyrocket this stock.
L2 is showing .18 as the major resistance point for this chart right now. Huge block sitting there via AUTO. After that, psychological barriers and new highs will be the only thing stopping us here IMO.
With the settlement cash they receive (in all likelihood), Vringo/IP will be able to globalize their expanding brand and they will be most likely be able to sustain a huge PPS increase. The close this gets to trial, the more money google, AOL, etc will have to shell out to V/IP.
I think with the warrants added in and the pre-existing O/S, we should be looking at an A/S of 80mil and an O/S around 65mil. Those are rough estimates but I would be pleased with an O/S this size. Should a ~1bil settlement with 1% royalty over 4 years be given to VringoIP, we would probably be looking at a share value around $50. Or maybe my estimate for the PPS is a bit low! Either way, I don't see how this case won't be settled, so it's just a matter of time. I have plenty of time to wait.
To cool the RSI, the chart will consolidate for a period of a few days but that may not occur until the RSI hits 85-90 on the daily chart. There probably won't be a major sell-off unless bad PR hits the newswire. Consolidation is perfectly healthy for a stock and should be embraced.
Email response from company:
http://i50.tinypic.com/dy394y.png
Don't post anything on Money Runners. We don't need their mindless group to come in and pump/dump this relentlessly. Let this stock run on its own merit. Let them stick to IS*L and SE*E. Besides, HSA pissed off his followers by leading them into a frontloaded stock last Friday. Half of IHUB wants this guy's head on a silver platter, but you wouldn't know it because he deletes anything negative on his board. Only mindless pumping is allowed! LOL
Just let the market consume the news as it comes to us. Bringing in groups makes the play more volatile and I would rather see steady gains.
I would take 50% from .02 on a modest Q4 that exceeds Q3. That would put us at .03 base level with some fluctuations above/below until new PR announcements in May.
I'm not expecting a ridiculously awesome Q4, but I am expecting a sharp improvement from Q3. The market only operates with current public information in hand and then values the company as such. If Q4 shows an improvement from Q3, we will see a strong boost in PPS valuation to a new level (read: .03-.04 probably). From there, the company will have PRs lined up for May to keep the PPS level strong and/or rising. New president, CFO, COO, etc. Q1 filings late May/early June (which should be even better). More contracts with customers/clients that lead to more revenue (that leads to 10s of millions of dollars).
So no, I'm not expecting to jump to .10 overnight. But I am expecting to see improvement in the Q4, which will give us another strong boost to our PPS. And that should occur no later than Friday of this week. I'm expecting a huge push Thursday and I will be looking to add until then. GLTA
I think investors/MMs are reacting to there being no news of financials today with a small selloff into the close. We've been treading water between .019 and .021 for most of the day (the dip lasted 10 minutes). It will be interesting to see if the filing comes out 10min before EOD or filed tonight/tomorrow morning/tomorrow AH.
Huge potential? The next dreamworks? Surely you cannot be that blind. ISML's huge news yesterday was that they brought in a no-name producer to help start a movie that no one is going to go see. Yeah, the float is small. That's about all ISML has going for it. The stock was trading at less than .015 at the start of the year. Then it was frontloaded, pumped and dumped. Now the price will drift back to its original levels. I know you want to hold on hope, but don't let crooks repeatedly swindle you. If HSA was truly all-in on this play, he would be pumping the heck out of it. All his posts today have been about SEFE, not ISML. I'm just calling it like I see it because I hate to see investors get conned out of their cash.
Insanant, how's the ISML play turning out? You called me out for not knowing what "I own" and not realizing the full potential of the news ISML was putting out yesterday. Now ISML is looking at a .02-.03 base tomorrow since the shake to .02 occurred this morning. I bookmarked your post because I knew I would be right about ISML - hope you got out with minimal profits.
Fool you once, shame on HSA. Fool you twice, shame on you. Hopefully in the future, you will ACTUALLY know what you own. GLTU
The last time we had the bear raid, it followed with a 68% move north to .021. This time, our basis is in the .017 range. From there, a 68% move would yield a .0285 finish within the next few days. I expect this level to hit within the next two days.
Well I flipped 1/3 of my position this morning to lock in more shares but I rebought before the mini bear raid. Oh well! There's no way I'm flipping my entire position right before Q4 news comes out!
Bummer - I was going to flip my entire position this morning because I thought there might be some idiots selling during the morning. But I didn't! Oh well, I'm still locked and loaded here. Just wish I had powder to add the dip!
you were never in, so leave and watch us make more money :)
HSA, looks like you picked two bad stocks in a row before finally picking SE*E. HBRM is selling off this morning - your followers need you to pump it up more! lol
As long as we close above .02, we should see a run to .025 in the first hour tomorrow if the interview goes very well and/or financials come out tonight.
I stopped reading that letter after 'potientail' lol. Defiant til the end, HSA blames his group for chasing and still touts an over 100% gain (despite everyone being in the red right now).
What a soap opera this has been. Good luck to those that got sucked into this frontloading scheme and are now staring at massive losses.
It was the name and address that the poster used to register the LLC group. It can be considered a place of business, just like any other business that is researched when DD is being performed on a stock/company/CEO/etc. I'm not saying I'm right in this case (or that the poster was in the right to post that stuff - it violates TOS). I'm just saying that this is my interpretation of the specific subject.
He posted a link to public information that can be accessed by anyone. He didn't post the guy's personal facebook page or anything substantial in that regard. His post did violate TOS, though, so it should have been deleted.
PS: written "abuse" is considered libel, not slander. Slander would be if I were talking to someone and I defamed you.
Insanant, I'll take your lack of rebuttal as a sign that you know I'm right. If the PR was truly powerful, it would have spiked the price back up to .10, right? The market knows this guy being added to ISML's staff is just fluff. ISML will trail lower on low volume IMO. I would just take your loss and move on to the next play - it happens to all of us. I just wouldn't take HSA's advice for a while until he's proven that he can legitimately call winners without piggybacking off other alerts, spamming active message boards and then selecting the "bottoms" he "called", etc.
Here's a better link to illustrate how unsubstantial it is that this guy has been added to ISML's staff:
http://www.imdb.com/name/nm1368482/
Show me which movies have significantly profited from his production. Where are all the big-name movies that he has produced? Where are all the big-time actors/actresses that have signed on to his films?
I told you this PR is worthless - you're buying into the fluff. And if it turns out I'm wrong, I'll be the first to congratulate you, HSA and the MR group for this play. Just because the stock might turn around doesn't mean HSA should be let off the hook for misleading his followers. He should have been up front that this is a long-term play. Don't tell your followers that it's a multi-day runner and that it's the pick of the century when it clearly isn't.
While your money is sitting at a loss, I'll be playing liquid penny plays that can get me 25-100%+ gains at a time.
Do you really think MR is going to wait long term for this to turn into a 10 bagger? I just read the PR put out - it outlines a producer joining the staff that I've never heard of. The movie isn't starting production until June 1st. HSA touted this as the play of the century and a multi day/week runner. It has done NOTHING of the sort. The news just released is garbage and the market is treating it as such (read: you don't see heavy buying). Unless HSA puts up his own money to get his followers out, he just alienated the majority of his group with this play. You should take your >50% loss and try to recover it elsewhere, JMO. And if you somehow haven't lost anything on the play, I would probably get out ASAP. Again, JMO.