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We are soooooo.... under the radar!
First month of 2008 will likely show higher revenues than the last 2 years combined. Keep in mind this is just the beginning to. There are multiple revenue streams coming in.
1. Web site advertising
2. Music downloads from site
3. 2 to 3 CD album releases each month
4. There is more news to come
Harley, you get it! This is not a penny play, but an investment in a cultural change. The Spanish speaking market is finally starting to get recognized as the largest minority group in the US, out numbering the African American population like 4 to 1.
The latest news for Fuego is just adding value and greater acceleration.
Highly suggest you call Dan York and arrange a time to personally speak with Hugo the CEO. He is who you are trusting your investment. It will only take one phone call to realize he is just getting the ball rolling.
Ill take a nice Brazilian Beach over cold ice any day! Gotta love wifi!
Exactly... I never realized we had picked up that many weak hands as we went up 800% from the bottom and 300% in the last leg! lol
Seriously, some people took profits on the news and that stalled us right out of the gates. At least we now know that $1.00 is the breaking point. Beyond a dollar a whole new group of buyers will hit and the seller will have rotated out.
For a good number of us this is a long term investment while Hugo builds his media empire. Flip it or hold it, but dont let this jewel slip thru your fingers.
Nasdaq or bust!
Overall, not a bad day closing 12% up on great volume. Think a lot of people wanna see $1.00 broken before jumping in and obviously there are were a few people waiting in the wings to sell the news. Chart looks great, more news on the way and the buzz on the web has not started yet about the new found Beatles Tracks.
Go Fuego!
***************************************************************
If you missed Dan's message this morning....
Posted by: Dan York
In reply to: None Date:1/10/2008 3:08:39 AM
Post #of 1626
This will be an interesting day!
Once again my thanks to all our loyal Fuego investors that believed in the company and our CEO, Hugo Cancio.
I can not begin to project just what the two PR's released prior to today's trading will mean in revenues for Fuego. I will leave it to all of you to read between the lines until we are ready to report revenues for this period. Strictly as a guess, I believe the revenues for just the month of January of this year will probably be much greater than our total revenues for all of last year.
I believe what you are seeing now is just the beginning of great things (opportunities) for Fuego and our investors.
We considered adding a tag line on our 6 am PR saying "More To Come" and I can assure you all, there will be more great PR's in the near future.
Thanks again,
Dan York
Fuego Entertainment, Inc.
Investor Relations
ir@fuegoentertainment.net
214 675-2531
check the closing price on the charts in the IBox.
Be sure to join the Investor's Forum at the new Fuego web site!
http://fuegoentertainment.net/foro/viewforum.php?f=17
Joe Vitale calling the puppys out the woods.
If you read my blog on October 17, 2007* and grabbed some Fuego stock at that time, you’re probably smiling right now. Fuego Entertainment just released this news today:
http://blog.mrfire.com/music/lost-beatles-music-found/
As much as we might want FUGO to fly to 5.00 today. The reality is that we are still way under the radar and the fun has not started yet. Momentum that takes time to grow is the momentum that maintains its speed. Use this time to accumulate before the true value of these deals are realized and the revenue hits the books for 2008.
Just the perspective of a FUGO long for over 2 years!
Look at Fibonacci Chart in the IBox. We are trading in a strong zone and need to break .99!
Lots of people watching but not sure what to do... when we break 1.00 it gonna bring in the skeptics.
Wiffen if your Willy, check this out!
Wonder what the book value and long term revenue estimates of these tracks might be? At the right auction the physical tape alone and the rights to its contents could be worth tens of millions.
FUGO is the majority owner!
This news is going to spread like wildfire over the internet. At first we will see IHub and the like coming to the table for a little FUGO. It will take a few days or a week for the real momentum to build as the news spreads over internet blogs, media and Beatles fan sites.
Dont sell on the first spike guys, this is the ground floor and you dont want look back in 5 years and cry that you sold at the beginning of this company's ride.
Investment's take time to mature.
As much as I trust my charts... I dont know of a technique that can chart the "Beatles Effect!"
News trumps the chart every time.
Yes, today will be interesting indeed!
Nice!
$1.00 by Friday, no problem!
Ode to wiffenproof
Im sorry, I couldn't resist!
* Oh please, currentplay, the stock is illiquid:
* Why call company squeegee? They can't tell me anything that's not in the public domain.
* A deviled crab pushcart on calle ocho brings in more revenue.
* squeegee-what is there positive about a company with a thousand bucks in cash, $19,000 in payables, and $11,000 in revenues?
* Gee, sterv, then why did their most recent filing list a grand total of a thousand bucks in cash and eleven thousand bucks in revenue.
Those properties don't seem to be producing much, do they?
* Teally, breakout? Can you name one listed production that Fuego has? And how much revenue it has produced?
Wiffen you might want to check out the most recent PR and take a look at the chart. Where there's smoke, there's usually fire.
We have a winner!
1. Tightly held tiny float and NO dilution
2. Ground Floor prior to earings hitting the books
3. Multiple revenue streams hitting in 2008
4. Aggressive CEO who is an genius in a highly profitable industry
5. Addition of an industry veteran who helped build Virgin Records
6. Fully reporting company, no skeletons or deception
7. Yet to be seen on the radar screen
I wonder if this is how we might have described the earliest days of Apple, Dell, Microsoft, Virgin, Disney, Crox, McDonalds...
Compared to the majority of Penny stocks you find right here on IHub... FUGO is a hands down winner.
IHub is just the tip of the iceberg. Once we break 1.00 we will see a whole new group of buyers. Wish we had a Yahoo board running.
Don't forget that Fuego has also made it known that they intend to be on the Nasdaq before long.
Hopefully everyone sees Fuego as an investment. This is not a quick pop or flash in the pan, but the ground floor to what could one day be another Virgin Records.
2 albums every friggen month! Im about to blow a gasket!
This guy helped launch Virgin Records!
I dropped in a Fibonacci chart study to try and illustrate how the vast majority of the work is done and we dont have much more work to do before we break the all time high.
Watching the charts above it's not surprising at all to see some profit takers. After all, that is the definition of resistance.
This is great that we have some turnover of shares right on schedule. When people take their much deserved profits and buyers take a position, we establish higher levels of support!
Just remember that the vast majority of shares have long term investors behind them. I know this because over the last 2 years we have all become very well acquainted.
I have picked up another 3,000 today.
Just got off the phone with Dan.
PRs are on the flight deck... maybe this week, no promises. Just getting final details in order.
We also have silent bid support at .76! That is a confirmation of the channel break. The buyer is very astute and the seller is very happy with their profit. Everyone is a winner!
We traded 258,000 shares in the last 8 days and the price has gone from .35 to .76 both on the ask.
That is well over doubling the price on an average of less than 35k shares a day.
Now that is a tight float!
All we need is to see the revenue hit the books from Luny Tunes and Clan 357. Another big PR is icing on the cake!
All we need is a nice announcement and BOOM!
Amazing to see what a locked up float will do with a tiny bit of buying!
Talk to me at 5.00 and I might sell a few.
And no sellers...
.60 X .65
Excellent post!
Wiffen, you are welcome to post on this board and even contrary opinions are respected, but if continue to try and agitate board members you will be deleted.
You obviously have not made the call...
Investor Relations Contact:
Dan York
phone (214) 675-2531
Have you taken 20 minutes to call the company IR?
Why the bulk of shares are held in iron fists...
One important fact is that most of the float is held by a few people and company insiders. Most over 366 days. It is not my intention to flip these shares on a pop to reload due to the implying short term tax implications. When we sell it will be because we think the company is over valued and not a day sooner.
The weekly chart is key, not the 1 minute chart.
Happy Trading,
Squeegee
Hey Wiff,
Took a look at your posting history. Seems your "that guy" who has nothing positive to say about anything.
Welcome to the FUGO board and please follow the board's rules.
Nice find and its going in the IBox
She sure is pretty!
Look the DMI is about to cross!