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...No wonder it's so quiet around here...LOL.
Just kidding Wing.
See you soon.
Allie...I thought I was signed up, but apparently not. If you have the time...??? :)
jc
They obviously think it's going lower.
No idea, but the I&O is the same and that is what will count once revenues enter the picture.
I agree.
Am I the only one exited about this excerpt from today's financials?:
"Spooz is developing strategic partnerships with large brokerages who view SpoozToolz as a value added product to increase new accounts and to stimulate transactions originating from existing customers."
1.Value added product = revenues from "large" brokerages.
2.Increased new accounts = more value added revenues.
3.Stimulate transactions from existing customer= more active trading per account= what the "large" brokerages want.
Notice it doesn't say "has a plan to approach..." ...It says " "IS DEVELOPING". And it says large brokerages, plural.
What's going on? Are we having an anchor pool?
No
I'm pretty sure the quiet period you are referring to pertains to IPO's. I personally believe we are under a quiet period on advice of Spooz council, not so much the SEC. The link I provided gives a definition of what a quit period is as far as the SEC is concerned. If Spooz council feels pending events are significant and/or they require a filing, a self imposed quiet period is good policy. If nothing else, it demonstrates that Spooz is not pumping the stock ahead of news, which is commendable. I am just shooting in the dark here, I don't know anything for a fact.
Another thing to consider...if there are big time negotiations with another company, an exchange, something of that nature, the other people may have insisted on a quiet period to prevent a lot of hysteria or perhaps to prevent yet another company from becoming interested and countering any proposals.
I know it is frustrating to some, but I personally prefer this to a string of fluffy PR's. Whatever is taking place, I say let them get it absolutely right before they unveil it.
All my opinion,
jc
Gary, very likely the quiet period is in effect on advice of council. The SEC requires a quiet period concerning developments that could materially effect share price. If the developments are of a nature that a regulation filing is involved, the SEC wants the quiet period in effect until the registration is active. Read about it here:
http://www.sec.gov/answers/quiet.htm
Soup, I would not expect any talk of an outright buyout without a proven track record of revenues. The price the company could command in a buyout would be much larger after a period of increased revenues. A bird in the hand is worth two in the bush, as they say. Revenues are that bird. If things go well after the quiet period, we would all do far better over the long haul if there is a steady growth on all fronts with increasing revenues. Sustained revenues are what keep price up. Without them you are left with not much else than trading spikes. Revenues are what the market looks for. Revenues trump "possibilities" every time. We who are in the stock now are in because of the possibilities. If they can produce growth and sustained revenues, you will not see these prices again.
All my opinion,
jc
I think we have another formation that from a month back that has played out successfully. It is a Head-and-Shoulders bottom reversal. The pattern was confirmed and we even went on to successfully triple test .008
I am keeping fingers crossed that we successfully test 0.0135 which, IMO, would be a big event when considering the all time chart. It would represent eliminating the bad sentiment from the unsuccessful release of STv1. We would be back to square one and poised to react to any and all positive developments:
I think it's a matter of time. But if you look at the all time chart, to cross the 0.0135 hurdle would signify getting back to positive market sentiment. At least that's what I read. So this is a big hurdle to get over.
As for me, I'm speaking strictly of STv2. I wouldn't give up anything regarding SWARM. I wouldn't want to end up competing on the market against another SWARM. Keep it in house, IMO.
jc
What I am hoping to see is a deal in which brokerages offer premium subscribers ( such as, for example Ameritrade APEX customers) SpoozToolz as part of the package, and of course pay Spooz a licensing fee per account that is entitled to use the service.
jc
It's the revenue part of the equation. When there are sustained revenues the market will set the share price where it belongs.
Amen to that. Besides, no one wants this to rocket more than Paul and the gang. I'm sure he is more eager than anyone else to get the ball rolling. So they can handle the worrying, I'll just do the waiting part. It's just a matter of time, IMO.
Yes, the triple test of .0135 I have been looking for. I would love to see us pivot and set .0135 as support for the next leg up:
Yes, after a R/S. They had a long row to hoe to get to where they are, but what they have is proprietary B2B software. Hmmm...proprietary software....
LOL...no, no emotion until the money is in the bank. I have had as much or more success over the years when it comes to pinks by using instinct. My best one was ITWO ( yes, it used to be pink and less than 50 cent a share. Look at it now!)
jc
At this point it seems silly to me...or a case of the jitters I guess. I have followed penny stocks with interest for many moons and even followed this one early on. I bailed at just under a nickel because I didn't like the way the chart was shaping up...nothing against the company or the possibilities here, mind you...Just pure emotionless trading. Well, in recent weeks I have followed the chart with renewed interest and began buying in at .006 I make no claims of expertise in stocks, but I sure like the look and feel of this one right now.
jc
2million block sold at .01
...already lost 15% through impatience...
Churn, baby, churn!
I hope they get this roll out done and the black box up and running before the broader market melt down that appears possible. SWARM should clean up in such an environment.
jc
Buy...Sell...whatever. Who cares. If Spooz turns out to be the best thing in high tech trading since sliced bread, we will make a fortune. If not...hey, it's worth a shot to me. The long term chart is one of a stock making a come back. I am content to wait on news.
jc
As of 11:58
Buys 1,907,750
Sells 4,220,457
? 137,000
Climbing the hill:
...Just watching and holding at the moment...
...Most likely some chat board investors...LOL
Why is it always the MM's or "Flippers" or "Weak hands", etc? In every pink I have watched do this, in the final analysis it was the company management. I think perhaps we are seeing the fruit of this secretive new "OTC" company Rees has purportedly involved this with...Just my opinion, but it looks like a lot of dumping to me.
0.0135 is a hurdle to get over. It is a pivot going back on the all history chart. If we can jump this and hold 0.0135, IMO it will become a fairly strong support.
The time to prove themselves is not coming fast, it's going fast, IMO.
(OT)Thanks...love the alias by the way. I've read Tolkien since I was 15 years old. I've read the trilogy too many times to count. You see more every time you read it.
Thanks
What is the B/A right now?
It's OK to day dream. Throwing these numbers around is fine as long as we stay focused on the fact that they are hypothetic and based on some multiple of revenues. So we need to maintain the mental discipline to know that until revenues are posted consistently, these projections are amusing but not as yet anything to bank on. At least not in my opinion. We are in a quiet period and waiting on announcements. So let's see what we see. The long chart for SPZI is not one of the typical pink that death spirals into oblivion. This one looks more to me like it wants to pick up where it left off just prior to the launch of STv1 which withered on the vine. The potential is certainly there.
jc
A hopeful chart:
I did in fact leave when Charlatan left. We had a civil conversation via PM. He did not tell me what to do, simply explained what he was doing. So thankfully I was only down a little when I got out. I followed Charlatan to UWRL and took a modest position. I sold all my position in another stock that has Rees' fingerprint on it at a loss (PFUO). I put the bulk of the recovered money from both Rees' stocks ( WRNW and PFUO)into SPZI at an average of .009 and have more than recovered. I speak from experience when I say that you can not call a bottom on stocks like this. When they started selling leases and moving time frames etc., I chickened out.
Best of luck to all here. I hope it turns out well for you.
I'm not encouraging anyone to do anything, just stating on the board what I did.
JC
By sticking with equities. And by doing what works for you. If you are a good trader you will make money because you won't fight the market. SWARM isn't day trading stocks to my knowledge.