Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.
Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.
How do you do that? I have been trying to use the snipping tool to show what I am seeing but I cannot get it to paste it to the message.
But yes, really. It is even worse now. If I can figure out how to paste it, I will be happy to show you what I am seeing.
IMO This thing is so severly manipulated by the BIG boys that it is very hard for retail to get a fair shake on this - a trader MUST be EXTREMELY nimble trading this because of these fake pops and drops.
IMO, I highly suspect that the entities the company has done deals with (given them shares in the past) have several brokers hitting this hard every time they see some nice bid support. I also think the deals they are doing now can easily be shorted into - they know they have registered shares coming in x timeframe or so, so they short the hell out of it and then keep it down until time to get the shares as free floating shares, at which time they pull out those newly issued shares and cover their short position. From past filings also, it is obvious that the company itseslf has dumped shares on the market to get money for either paying off some debt or working a deal. Well, when they see this share price start to ramp up, that is when they have buyers for a large number of shares and that is when you see a whole boatload of shares show up on the ask, causing downward pressure on the share price.
To amplify this whole mess, IMO some major big traders (also, likely a few hedge funds) see how easy the pickins are with how the company never provides details about how the deals are being financed, and this gives them the green light to go ahead and trade right along with these biggies, (shorting, then covering, over and over) amplifying the problem 10 fold.
All IMO.
The company could remedy much of this if they would be more forthcoming with the details of the deals they are making, but they do not want to tell us shareholders because they want us to keep buying while they keep dumping.
Actually, those big asks are STILL there and they just added another 24,000 on the ask at .39.
Still don't see how you peeps can call that "Thin"
I cannot fathom what you mean by "thin" when there is 175,000+ shares sitting on the ask at .38, and another 150,000 at .39.
How do you call that thin?
Ya think? Well, if you get a fill below that gap, my hat will be off to you. I think this may not fill it, but you are right so far, I should have waited at least for .335 or so.
Otherwise, I do not think .354 will be a bad entry when it is said and done though.
Well, it filled some of it at .3544.
I guess I'll have to wait and see if I get any more, otherwise, I'll just let this ride for a while, I think.
I am happy, just can't decide which one to use the remainder of my capital on. I think it'll go here if there is a retrace back to .355 this morning.
Wish me luck, LOL
Nice, VERY nice!
Nope, again it does not look like I'll get those at .305.
Oh well, I have my core position here, glad I bought it all back yesterday.
Why do all my stocks move up at the same time, LOL
Soooo, ya thinkin that possibility of a .309 gap fill is a tad bit more likely now?
My last two buys are set under that .309:
one at .305
the last one at .28
I'm REALLY hoping that last one does not come near to filling, LOL.
Well, I got my .35s, Hmm, what'l it do next?
Had to buy some at .351, not too bad for selling them at .52 and .45
I reloaded a small bit of my core position at .375.
I think it will go down to .35 before it ramps up again, and I would not be surprised to see it fill the gap at .309 and then move up.
With that in mind, I will be buying in increments all the way down to .29, and see what it does when it is down that low for any further decisions.
It hurts a hellava lot more when you are losing actual money than it does when you are merely missing out on making high hopes money due to perceived lost opportunity costs from projected gains.
Looks like the gap at .309 will get filled after all, Hmmmmm.
I'm out. Will wait for a new re-entry in a few days. Way too much volume to not be moving higher.
It never got to .20 and negative posts merely tell people what some see the company doing with the equity in the company that is to the detriment of the share price so that you can make a decision whether to hold for hopes of higher prices or sell to protect your capital - YOUR decision!
"If" IF, if, if it goes to $1.
Be sure to note how LONG it takes for it to get to that hoped for $1, and then add in all the lost opportunity costs from all the PROFITABLE trades you could have made during that waiting time, IF you learned how to trade reasonably and aware of both sides of the story for the companies that you decide to tie your money up in.
THAT is where the real opportunity costs will eat your lunch, waiting on stocks that have soooo much downward pressure on them to finally make it to that $1.
Not saying Peter won't get this there, but 4 days of 6M+ volume and we cannot even break .55 when the last reported float was 9M, kind of makes one wonder what he is doing?!?!?!?! That kind of volume for 4 days should have certainly gotten us higher than this, especially with the good news we are supposed to have had.
Well I'm sure feeling happy that I did not buy above $1.
Sorry you cannot find comfort in exercising some caution.
There are THOUSANDS of other companies out there that you can make money on if you happen to miss a run in one or two of them. However, you will not EVER make that money once you lose you capital by placing your bets on a company that has high risks of being manipuated downward, which SAPX has a multi-year history of.
Like I said, you have this all backward, IMO.
IMO you have this completely backwards:
You want someone to sell you a bill of goods regardless of what might be in the box, as long as there is HOPE that it might appreciate in value.
However, you get upset if someone warns you that there is a vicious tiger in the box, that once you open it it will devour you and you lose everything.
You get upset with those that warn you and are happy with those that sell you the tiger in the box just because you have expectations that someone else will buy that box at a higher price.
I would much rather buy a box that has some real value in it, and so far, we still only have big promises and letters of intent and NEVER do they provide the details - just like today's press realease.
That is why I think this is having such a hard time going up on such great news - the company NEVER wants to release all the details, and many (those who flip this constantly, like today) know once those details get released, we may or may NOT be very happy at all.
So, if you want to buy a box that you know nothing about; don't cry if you hesitated a little bit because you heard some growling sounds coming from the items inside that then turned out to be gold shifting in the box.
On the other hand, be sure not to cry either when the item turns out to be the tiger and he overcomes you, and rips everything you have away from you.
Some warn of the tiger concerns, some entice you to buy the gold promises.
I myself would much rather be warned of the tiger inside.
Imagine how the people who sold based on false baseless negative hype feel?
WOW! That was out of the blue!!! Looking VERY NICE!!!!
I meant that you did not have a clue about what the previous DD was that had been done regarding this issue, which obviously by your response, you didn't.
It was not an attack on you, it was telling you that you did not know of the DD that had already been done.
Here: I will give you links for your DD, so you will then at least have a clue about what is happening here.
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=68809444&txt2find=gagged
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=69741071&txt2find=gagged
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=69741736&txt2find=gagged
Yes, that is why I specifically put:
as of Dec, 2011
as of Sept, 2011
and as of Dec, 2011
It is all in here: 8K filing from Jan 18
http://xml.10kwizard.com/filing_raw.php?repo=tenk&ipage=8003238
Page 9,
Page 13
Page 15
I highly doubt that one will get filled in the next week or so. I suspect this will run a minimun of 40%, (and maybe even 200% if we get some news), before that gap fills. Just IMO
Do you have some more recent float numbers, because Sept 2011, are the most current numbers that can be documented.
I would love to see more current numbers with documentation, if you have them.
Gap CLOSED, Let's Goooooo!!!!
No
OS= 22.6M as of Dec, 2011
Float = 9M as of Sept, 2011
Shareholder Equity = 17.375M as ofDec, 2011
Another good post to keep in mind when considering the dilution:
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=71137781
There definitely IS dilution and it IS diluting our value, but this post shows why it is wrong to consider that it is diluting us as severly as it looks if you just look at the OS numbers. When the dilution brings value back into the sharholders' equity, it is not considered total dilution. Each investor has to figure out for themselves if they think the amount of value brought back to the shareholders is worth the amount of dilution we have been seeing. Is there a decent balance there?
For me, I still think the dilution is somewhat excessive for as much value we have gotten back in shareholders' equity, UNLESS Peter finally gets on the ball and demonstrates to us the value coming in on these other acquisitions like DMX and BJM. It is time (past time) for him to show us what kinds of increases in revenues we will be reaping with these items, and show that they WILL add to bottom line increases to get an increase in Net Income since these items have cost us dearly in increasing OS count.
I still think this stock is very undervalued, I'm just hoping Peter won't keep diluting so much that $1+ valuation will soon be considered OVERvalued. He just recently told us that he thought the book value per share was somewhere between $1 and $1.50. If he continues to dilute as rapidly as he has and doesn't markedly increase shareholder value each time, well, it won't be long before the book value is below $1. THAT is what I do not want to see.
I know the date is as of Sept 30, 2011, that is why I put "(according to the 8K)".
Are you saying that somewhere else in there it gave a more current number for the float? Because if you are, Yes, I did miss it, please tell me which page.
But as of that 8K, which is the most current data we have (albeit not very current), today traded basically the entire float (minus 300,000).
I am sure the float is more than that now, but the number would be merely a guess, so that is the best numbers we can go on at this time.
The ENTIRE float (according to the 8K) has traded today.
What does that tell you peeps?
I guess .43 it is.
Did you apply some overhang there?
I'm not selling any today - I did my flip (swing trade) yesterday, today is too unpredictable for me.
Looks like the shorts are starting to get a tad antsy, LOL.
I say next stop is .45 and then we go to .63.
I think that is 1 hour and 50 min., if it is to come on at 12:00 Central Time.
I'm thinking our gap at .309 is NOT gonna get filled, LOL
It traded just like that other stock that I played that had a gap that ALMOST got filled to within tenths of a cent - interesting.
We still have an open gap from .309 to .313; who's still thinking about playing it?, LOL
OK, Common, that is one I just HAD to keep.
I LOVE it!!!!!!!
You certainly got THAT right, LOL. Keep laughing!
I'm glad your sense of humor is still running high.
Have a good night.
Oh now, that is just sweet, I love seeing such camaraderie, LOL.
BTW, In my book, flips for only a penny or less are considered "scalps".
Buying a stock one day and then rapidly swing trading it say,
within a week or so, are considered "flips" regardless of whether they are for 5 cents profit or 50 cents profit.
Oh, and I guess people end up flipping for a loss too, but that is just a BAD trade, LOL.
Often called trading around a core position, others like to call the trading part "flipping" - makes it sound more devious, which it really is not. It is just being cautious and trying to make money any way you can, while you wait it out for the big gains to come.
NO prob, I understand fully.
I do not begrudge your flips and I do not think my flips should be begrudged by you or the others on the board that see you get upset with flips when you are not flipping.
Just because my flips start at 5 cents or more and yours evidently start around 8 cents or so, people should understand, anyone who is careful with protecting their gains needs to take profits when they can.
That is the only smart thing to do with a stock like this (NASDAQ or not) - flip it until it really gets its footing, because you never know what the company will do next week.