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Elijah, I replayed to your post, but the part about "understanding penny stocks" was not ment for you, it was ment for scottie2hottie. Sorry for any confusion, I was not implying that you didn't know anything about penny stock trading. Again, that was ment for Scottie as he was freaking out that his stock was down 50%. I didn't even realize I replyed to your post.
"every time the price drops you blame it on MM.
maybe investors are just getting out, yes it's that simple."
If you are going to reply to a post I ask you actually learn how to read someones posts correctly first. I NEVER have blamed the drops all on the MMs. I blamed the drop on ONLY FRIDAY on the MMs. As I have stated many times before, the drop today was not caused by the MMs. The 3 cents we dropped on friday was TEXTBOOK MM Control.
Heres the statement I made in the very last post before you made your post:
"The "sell off" was nothing more than weak hands getting shook out."
I have stated over and over and over and over again today that the drop seemed to be weak hands getting shook out based on the fact that it happed early durning the day and then stablized and built support at .05. Whether that is actually the case or not only time will tell.....
The "sell off" was nothing more than weak hands getting shook out. Again there was great buy support on friday, the MMs just played games with it all day and dropped the price on small sell orders while requiring massive buy orders to move it up.
Today was the only day so far that had natural movement, and there was a small sell off then strong support at the .05 level. Again, perfectly normal and expected after a R/S. Yes like scottie and most others here I have lost 50% of my value in this stock too. It sucks, but some people on here need to look over the facts about this company again. If you get freaked out by having your investment lose 50% of its value after an R/S then you really shouldn't be trading penny stocks.
If you have done proper DD, then you should belive in this company. It's painful to see a stock go down by 50%, but one needs to put things in perspective. We are only talking .05 here. It sounds bad when you say it's down 50%, but again it's only 5 cents. It wont take any time to make that up. Hopefully the weak hands are gone, and this will bottom out here and then start the move back up. The good news is, what ever happens, we got great news coming soon, and that will surely get this thing moving up.
Oh really? There was an "Epic" sell off? Lets look at how we got to the price we are at now shall we? On Friday, it dropped 3 cents.... From the conversion price of .10 to .07. THERE WAS NO SELLING. There was something like a buy ratio of 7 to 1 that day. The MMs HELD THIS DOWN ON FRIDAY! That is NOT a "SELL OFF".
Lets look at what happened today, the MMs let this trade normally. And it dropped a whole whopping 1.5 cents.... Sure after Fridays loss of 3 cents, it all adds up, but if you had any idea how to read the damn charts and actually understand the data you would know there was no "Epic sell off". In fact, it was the exact oppsite! There was insanely strong buy support on friday, and then today, there was some weak hands that sold off, but it HELD STRONG at .05. There was good support at 5 cents all day long after the weak hands got out early on.
If this thing opened at 7 cents today and then dropped to 2 cents, that would be an "Epic sell off" assuming the MM werent playing dirty games again. There was 500k buy orders to 745k sell orders.... Wow yea what an "Epic" sell off today...
Look I know you are upset because your stock is down 50%, guess what, I am in the same company and mine is down 50% as well. It totally sucks. But stop over reacting about it. There was a R/S, there was going to be some weak hands that were going to get out, it's just that simple. If you actually thought this was going to shoot up right away then you clearly are not an experianced trader....
My whole post the other day was inresponse to you, and others on here OVER REACTING about what was happening with this company. You just "overreacted" again in your replys today. Everything that has happened is normal after a R/S. We got great news about this company, the R/S is again exactly what this company needed. And the fact that they just bought another good company with great assets is outstanding. On top of that, we got what should be great earnings coming in the next 2 weeks and that should really get this moving nicely. And who knows what other good news this company has.
There was good volume today, good support at .05 cents. Hopefully that will be the bottom and it will hold there before going back up. I have no idea what will happen with this company short term, but based on everything, it should go up nicely when earnings come out, if not before then. The weak hands appear to be out now, and this should be ready to move up nicely on good news.
Wow thats cool because I never knew I "predicted" a gain today. I simply was questioning why everyone was thinking there was going to be some epic sell off today. Based on what happened on friday where you had farrrrrrrr more buys than sales, sales were pretty much non-existant, there was no logcial reason for people to expect some crazy sell off today. Specially if you though it was because of the broakers converting shares.....
I never once in that post said anything about a "gain" today or that there would be "no selling". I simply questioned why some people thought there was going to be a mad sell off. And I hardly consider this droping a cent and a 1/2 today an epic sale.
So to answer your question, since you for some reason thought I "predicted" a big gain today, even though i never said that nore implyed that (for the record the only time I even talked about a big gain was for when the earnings came out), I belive you are probabbly still on crack since you aparently can't read what other people write correctly.
I should not even waste my time responding to such a ignorant basher. Pretty much everything in his post was completely wrong and total BS. But alas I will respond.
" They are LOOSING money at a faster rate than ever.
2. Their revenues are pathetic $36K"
What I was trying to say, and I will admit, I didn't word it correct, is this company SALES are up a ton over last years numbers. Yes they didn't make much money because their operating costs ALSO went up a ton over last years. Sales right now are really important, the fact that they are going up 10 fold over last years is a great sign. While this companies operating costs are too high at lest as of 2nd quater, they are still increasing sales. On top of that, you got the fact that they just bought a company with 3 million in sales which they will be adding to their revenue for the 3rd quater earnings due out really any day.
Not only will the 3rd quater earnings show more great sales, they should for the first time this year show a nice profit too. It's not a 100% lock that they will record a good profit, but theres a bettert han 50% chance that they will show a decent profit for this quater based on the combind sales of the company they aquried in June and continued strong sales. The company is also mostlikely trying to cut-costs and get their operating exspenses down.
So lets look at the facts shall we?
You have a company that has great sales numbers. You have a company that has a ton of valueable assets and products. You have a company that only needs to lower it's operating costs which is something they are working on to see great net profits. And you have a company whos stock is now dilution free and is ready to move up on good news. For a penny stock, this is a very STRONG company with a bright future.
Wanted to address the Dilution factor real quick. There seems to be alot of people "scared" that this company will dilute the shares again simply because the AS are still unchanged. I just got one question for these people.... WHY?
For a company to dilute their shares after a R/S they have to have a reason to do this. Most of the time it's a money based issue. ARTS isn't going to just go, "oh hey, lets just randomly sale a ton more shares!".
This is a company that is making alot of money, there up so far this year 1100% over last. They are stable and they have no logical reason to sale more shares and dilute. So I question anyone who is worried about dilution. Yes it's something to be aware of, but unless reasons develope within the company to force them to do that, it's not a likely possiblity. This is a company that is moving up and trying to get listed on a major exchange. They arnt struggling and they arnt strapped for cash. They are fully aware that diluting the stock would be the worst thing they could do and it's not something that they would even consider unless there was no other option.
Now for those people who say "9 out of 10 companies that do a R/S fail or have to fully dilute their stock". All I want to say to you guys is what are statements like these actually based on? Because they seem to be lacking any sort of hard facts and information. No one has posted a list of companies that have failed after a R/S.
You can take a look at almost any penny stock company thats now trading over $1 and see that 90% of them had 1 if not more R/S in their past. And they are now over $1. So to say all companies that do a R/S are doomed would be quite a false statement. The reason these companies are no longer trading under a dollar is because of the R/S. It allowed them to move up to those levels thanks to the reduction in OS and good numbers from earnings and so on. The R/S set the stage for future growth. And that is exactly what an R/S is supose to do if done right.
the company has stated that they should be out by no later than the 15th. If you look at last years they came out around the 20th. They WILL be out this month and they WILL be steller.
Are you guys on crack? I mean really... After reading a few of the recent posts on here I am begining to wonder if you are even talking about the same company...I am going to try to take these one by one.
I just read alot of posts about people debating whether people are going to sell on monday or tuesday when there shares get converted..... Where have you guys been because your not doing a great job keeping up with the news. Most of the brokers already converted the shares on friday, yes there are still some that will convert on monday, but most people already have their new shares. So i am wondering why people assume that they will for some reason sell off on monday when most people already had them on friday and didn't sell off.
The next thing I see is people questioning if people will continue to sell off, even at 7 cent levels. Hello, did you guys not see what happened on friday? Let me remind you all what happened on friday. THERE WAS NO SELL OFF ON FRIDAY! Yes the stock was down 3 cents for the day, but guess what, THE BUYS OUT NUMBERED THE SALES like 7 to 1! The MMs for what ever reason kept the stock down all day. If the MMs actually let the stock trade naturally on friday instead of foricing it down with absurd control, ARTS would be around 14 or 15 cents right now. There was a MASSISVE amount of buying on friday and basicly NO selling.
The other thing I saw was people talking about and hoping for "good pr" to come out. Hello? They just annouced that they bought a awesome company for what amounts to basicly NOTHING. They bought a company with a ton of assets and a great track recorded in dealing fine art. And they ONLY paid 1 million for a company that is worth around 12 million based on solely the value of their assets and nothing more.
On top of that, they annouce a R/S in that same PR, which is actually the best thing ARTS could annouce at that time. The RS got this stock out of sub penny land, and it got rid of all of the diloution and O/S, and most importantly it transformed this stock from a pretty useless stock to one that is now ready to move up a great amount on any good news and stay up.
If you know anything about stocks or the markets, then you would know they already released GREAT PRs. No one should be expecting another "great" pr on monday. They already released some great news last week. On top of everything else that they just annouced, they will be releasing their 3rd quater numbers and a PR to go along with that within the next 2 weeks! I do expect them to release more PR before the numbers hit, but common people, this company has released nothing but steller news over the past week.
To break it down with FACTS:
ARTS went from 700 million O/S to now only around 14 million O/S. They completely got rid of all of their dilution and rased their stock out of sub penny land. Their stock is now in a position to rappidly move up on good news.....
This is a strong company that is getting even stronger! Their sales numbers for the first 2 quaters of 2009 were up 1100% over the same time period a year before. That is a MASSIVE increase in sales! ON TOP OF THAT, they bought a company in June that does an average of 3 million in sales a year.....Then, they just annouced that they bought yet another company for basicly NOTHING and it's worth around 12 million and that is ONLY based on the asset value alone. This is not some BS company that did a R/S to make their company "appear" to be stronger. This is a strong company with REAL sales and income.
On top of all the other good news, you have a stock that thanks to the R/S is now ready to expload upward on good news. Well we only have at most 2 weeks to wait before not "good", not "great" but outstanding news hits! They are at most 2 weeks away from releasing their 3rd quater earnings. Not only will ARTSes numbers be steller, with even stronger sales and more profits. But they will for the first time be combinding the sales of the company they bought in June with ARTSes own sales numbers. Together, the sales for the 3rd quater should be stunning. When those numbers hit, along with the PR that the company will issue annoucing the great numbers and giving more detail and insite on everything, this stock is going to expload upward!
This is easily one of the best stock picks I have seen all year. This company really should be around .50 a share right now, and realsiticly even higher than that. How much it goes up once those numbers hit is anyones guess. But I fully expect this to go up a hefty amount and stay up. Anyone who bashes this stock for any reason is completely full of BS and has no idea or even small hint of what they are talking about. At worst they are just paid bashers. I am long and strong and I belive most people who own this stock are the same. Good luck to all!
I thought this was a good deal before the PR came out because of the 3rd quater numbers. I have been waiting for those since I bought in at the end of summer. I knew they would be big, specially since they were combinding the sales from the other company. I was hoping they would do something like this before then so the stock could really make some real movement up and stay up. What they did, including buying the new company, completely surpised even me.
But yea I always was waiting for the 3rd quater earnings to hit as I expect this to jump up then. Instead of .01 or .02 its now could be .20 or .30 or .50 lol.
Some people are mad that they didn't annouce the R/S in advance, and I don't blame them to a degree. Most of the time when a company doesn't annouce a R/S in advance and trys to sneak it out the door it's a bad bad sign.
This is obviously not the case with ARTI/S. They did us all a favor by not annoucing this in advance. After so long with no PR and no updates, if they would have annouced a R/S a week or so before the split, the pps would have dropped to .0003 or so just because people would have thought this was a bad thing. The fact that they did it like they did actually helped save us from our selfs. Most of us didn't have time to trade before taking a loss and with the split the very next day we said F*ck it, and just stayed in. Turned out to be the correct choice and it should pay off very nicely for all of us! If they didn't do it that way, many would have got scared waiting around while the pps dropped and sold out.
So no, I am personally not mad at all for them not giving us any warning before hand of the R/S. I think that was the best way for them to do that, and by them doing it that way they really helped alot of their investors that mostlikely would have sold with more warning.
I am with TD Ameritade too, and yea it usually takes a cupple days for any broker to convert the shares over to the new symbol. By Friday TD Ameritade should have them converted.
Whats interesting though, all day today TD showed my account value at what it was on tuesday at close, and still showed me owning X amount of ARTI. Just checked again and they still have my account value the same, but now have whiped out ARTI from my account and havent replaced it with anything yet. So it appears they are ready to convert them and distro them out to us. Which means they most have got the new shares from ARTS already. It could happen tomorrow for us, but mostlikely they will show up eaither after 8 pm tomorrow or pre market on friday.
Uhh no, they didn't do this to make the luxor deal happen, they did this to make their companies share price actually more closely reflect what the company is really worth. The timing is quite clear since they had the luxor deal done already and were timing the R/S to happen right before they annouce it.
This company actually KNOWS what it's doing and KNOWS what it takes to get their stock out of sub penny land and make it worth something. The only problem this company had was their stock was very diluted. They had way too many O/S. If the company was actually going to buy back shares it would have cost them way to much and wouldn't have been a smart way to do it.
Since the company was already making good money, and since they just bought 2 really good companies with millions a year in sales and millions more in assets, the best, cheapest and fastest way for them to get their stock where it should be was to do a R/S. This is one of the few times where an R/S actually makes sense for a sub penny stock. The company was worth wayyyy more than .0019 from just their assets alone.
They did a great job in taking care of us investors in this too. They did a good R/S, that leaves us all with a good amount of shares while paying us a ex-dividend that gives us even more. They had a great deal lined up to annouce at the time of the R/S, and even better we get the 3rd quater earnings in 2 weeks which will for the first time combind the profits of the company they bought in June with ARTIs. The earnings should be pretty stunning. They already know this. Thats the main reason why they decided to do a R/S now.
Now that the stock has a low amount of O/S, it will be able to easily shoot up to .30 or .50 or even more on good news. And more importanly, it will stay up around those levels too!
You couldnt have scripted a better game plan than what ARTI management has done over the past 48 hours and what they still have in the pipe line. Kudus to them!
I totally agree! IMO ARTI management has done an amazing job with this and has made this company FAR stronger and more profitable, both short and long term. Not even Captin Jim can find anything meaningful to bash this company with anymore!
Incorrect, the "dividend" is not the conversion rate. They subbmited it as an "ex-dividend", meaning we will get more shares after the split. that is completely different than the conversion!
Basic it will be what ever your number of shares are after the split x .02.
ARTI has made some really impressive moves IMO. They bought up a very profitable company back in june. They then do a R/S to get rid of all the O/S and then buy another company worth 12 million. On top of all of this we have the combind earnings coming out in 2 weeks time, this is going to fly when those hit. I wouldnt be surpsed if this goes to .30 or .50 cents at that time. ARTI has made some amazing moves in the past 36 hours!
Stock trading is like Sportsbetting. When you pick a team on sunday that you think will win, you take a look at the "Facts". They might be undefeated so far on the season, they might have a great record vs the team there playing, they might have the advantage of playing at home, the team there playing against might be winless so far on the season. These are the facts for this team. So, if the facts look good then you place your money on that team to win the game. But heres the problem, just because the "facts" look good, doesn't mean they will actually win the game.... Why is this?
Well my friend, this is because there is this thing called "chance". While the other team might not look good on paper, they still have a "chance" to win the game. Nothing is a given, just like the stock market. The facts can't tell you if the team you like will win or not, only that the team you like has a good "chance" to win. So, based on the information you have, so based on the facts you have, you make an "Educated Guess" that the team you like will win the game.
Thats the same thing every stock trader on earth does. All the "facts" in the world on a stock doesn't tell you where this company will be in 6 months or a year. The facts may point towards a stock going way up in a year, but that doesn't mean it will actually happen. Why? Because stocks don't trade on just facts alone. Stocks trade on rumors, speculation, FEAR, and of course facts. On the same token, stocks are dynamic, just because the facts look great on a company, doesn't mean they wont suddenly run into problems, annouce a R/S or do any number of things that would cause them to do the exact oppsite of what the facts said.
Look at SPNG lol, the "facts" looked great and pointed to a company that was ready to move up to .30 to .60 in the short term. It started to run based on the "facts" from .12ish to .28, then 2 weeks later it was trading at .06 after a bunch of stuff that the "facts" didn't predict was released.
And that is the nature of stock trading buddy. We all do DD, we all try to gather as many "facts" as we can on a company. And then at the end of the day, when it's time to buy a stock, we form an opinion about the company based on the facts and other information we gather. We then make a "prediction", a "forcast" an "EDUCATED GUESS" on what we think the stock will actually do.
To imply that you don't make "educated guesses" based on facts when you trade stocks is to imply that you are "physic" and already know exactly what the stock will do. I know this might offend you Bio Trader, but your not actually "physic", you don't actually know what the stock will do.
So to wrap things up, if you Bio Trader have ever bought a stock thinking it was going to go up at some point in the future, then you Sir made an "Educated Guess". You apparently don't realize that you can and do make Educated Guesses based on facts....
For the record I didn't even read CJs post, I tend to avoid his because they are total BS and mostly frabercated lies at best. I was only responding to your post, to where you said "guessing is BS". I was not implying in anyway, shape or form that he wasn't making random guesses.
I own 12 million shares of this company. I did the same DD you did Biotrader, I have read the same "facts" you have read. And guess what, I made the same "Educated Guess" you did. I formed an opinion on this company based on facts, and made an educated guess based on these facts that it will go up in value. I still strongly belive it will, and by the end of Nov when the 3rd Q results come out I expect it to shoot up nicely. Lets hope that both of our "educated guesses" are correct and we all make some nice coin in a few months.
LOL WOW I "guess" I gave some of the people here too much credit thinking they would actually get my point, which was an insanely easy one to understand and grasp. Since this is not the case let me try to paint you guys a more clear picture of what I was actually implying.
Of course I don't just "randomly" pick stocks or make "random guesses" about the stocks I look to buy. Nore was I implying thats what any of you did either.
The point I was trying to make and one that I thought I made quite clear was this:
No matter how much DD you do, no matter how much fact checking you do, no matter how many times you call IR or check the charts, you are STILL making an EDUCATED GUESS.
Why is this? Well guess what, not one person on earth, aside from maybe company insiders and Ms. Cleo, knows with 100% certainty if a stock will take off or fall off. If you for one second actually think that because you did all your DD and research that you know EXACTLY with NO DOUBTS what this or any other stock will do then you clearly know little about trading. This fact gets even more obvious when we are talking about penny and sub penny stocks lol.
Good DD, fact checking and so on make up about 75 to 85% of what goes into picking a stock. What makes up the rest? Chance, guess work, LUCK!
Heres the definition for "Educated guess":
informed guess: a guess that is based on a degree of experience, knowledge, or information
Now I challenge anyone here to tell me this is not exactly what we do as stock traders.
As I stated above, as traders, after we do all of our DD and fact checking, what we are left with is nothing more than a "educated guess" on what we "think" this stock, or any other stock, will actually do! This is a pure and simple, non debateable FACT.
And replys like this make me LOL:
"Not everyone guesses. Maybe that is how you trade stock. I actually know all about this company and choose to stay. "
Oh wow, you actually "know all about" this company? Really? Well do tell! Since you "know all about this company" then please tell us EXACTLY what their 3rd quarter numbers will be. Please tell us exactly what their plans are over the next qurter, and please tell me EXACTLY what their stock price will be in 2 months!
Let me clear some things up for you bud, what you did was do some DD, like most of us here, you know the basics of this company, the facts about this company, the fundlementals. What you DONT know is "all about this company". No one here does. The only people who know that are the CEO and other insiders.
But you are a great example of what I am talking about and proved my point perfectly. You, like me and most people here, did your research, your DD. You then formed an opinion, an "educated guess" on what you THINK this stock will do. So to respond directly to your reply, yes EVERYONE who trades stocks "guesses" to some degree or another. The good traders make very good educated guesses, the n00bs don't do much DD and make more wild guesses, but at the end of the day we are all "guessing" in one way or another.
And on one last note, I was not taking up for CJ. I think that guy is a complete moron and a clear basher. I was also not trying to offend anyone here. I was simply making a very good point that stock trading, no matter how much DD and fact checking you do, still involes some guess work at the end of the day.
LOl yea guessing is "BS"..... OHHH WAIT thats what EVERY one does in the stock market lol. After all your DD, after all your research, after all your calulations, at the end of the day what do you do? You make a "guess" on what you think a stock is going to do.
Unless you got inside information, you will be making an educated guess on what you think a stock will do. So bashing someone for "guessing" which basiclly amounts to someone posting his "opinions" on what they think is a likely outcome for this company, is quite rediculous.