buys stock in bulk! Stock up and save!
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Agreed... SUGO has a miniscule market cap...and a FREAKING TON of GOLD ready to mine. A BEAUTIFUL story. Financing is going to rock this one.
Interesting play here...must be good for you to be posting on it.
I'm sure we'll see a few new people on this board starting tomorrow. And, glad to see a few old people go. Guess that's what volume and a 50% gain will do ;)
It's going to take $1000 IMO to get it to close at $.01. Would put this on a lot of radars...a nice double.
Time to put bids in before the close.
Agree. Just looking for solid bids to continue to build. That is the #1 confirmation in my book. No clue where will close out today...might have some shares hammer us back, might have some buying push us up. Who knows, who cares. All that matters is there is a ton of bid support. Though, I'd love to see $.01, I still want to buy a few more myself if possible.
I'm sure I've paid more for my shares, but nonetheless, glad to see a few in the 2 million club ;)
IMO, it's better to have a million on the bid between $.005~.01 then it is to have a million hit the offer. JMO.
Would like to see a wall of bids stay up. The 200,000+ share kind.
Could go to $.05 in a day...Should go to $.20 in a day.
$1500 per ounce in profit...
Gold is now $1824/ounce.
The more bids the stronger I think this is.
I'd still like to see some monster bids, hitting the ask is all show, bids are the go
IMO, no need to hit the ask...just put a GTC buy order at the bid $.0055. Throw up a few hundred thousand shares and see what happens. Will get filled today/tomorrow IMO. $.005 is for the ultra cheapies.
Taking off, fun day in the market. ;)
GOLD AT $1793.20
SUGO just getting that much more expensive ;)
VFIN is usually a Canadian. "usually". This is why I think that it's someone who was from the old entity who has shares to sell. Just soaking them all up at $.005. No need to buy on the ask. He has no problem hitting the bid if there is one large enough. ;)
The gap between bid/ask is getting tighter. That will be the true sign we are ready for liftoff again. Wait until we get a little volume with a $.01 spread. Then put out some news and here we go.
Might be time to look at reentering this again.
September 1st marks hunting season on the pinkies. Let's see what news comes here. IMO, this is an easy double.
$.0064 Up 6.67% - it's a start.
Sure it will get knocked back down to $.0055 or even $.005, that's where we collect them ;)
In my experience the average pinkie that is active and puts out news has a $2 Million Market Cap... The average OTCBB company that is active and puts out news has a $4 Million Market Cap.
Even at $2 Million this is a 4 bagger. That makes this a value play.
But, the mines here are what can turn this into a colossal winner.
I think they need something longer term than 2 years from Quest. Probably the issue here...I'd like to see SUGO actually operate the mine, not just sell it off. Let's go for the big money.
LOL, if it gets that low I will have already bought the company and sell the shell for $300,000.
I think its pretty obvious now. Someone trying to punish the company so they are holding back until the selling has finished. Why make someone money who's a putz.
Yes...prepare for shorting. Short the double and triple ETF's they always tend to go to zero.
XPP is a good short opportunity.
Ultra China
Yeah...a company with $100,000 market cap....not possible.
Very interesting concept. Been around for a long time too. Can't wait to see some info come out.
I picked up a chunk at the end today. ...IF a shell trades ...it usually trades at a higher market cap than SUGO is trading at right now.
It's my guess that when the old people involved in this company meet in Vancouver that 25 million shares will be wiped out. Bringing us back to 75-80 million shares. -- TINY --
IMO, one of those guys from the former entity is the one dumping. Just a hunch, but it's either they sell now and take some money or have it taken away from them. SUGO closes a huge f'n deal and we see dollarland. ...yes, I'm skipping the $.03-.05 crap. Boy, how crappy would you felt having sold a stock that closes the kind of deal SUGO can close.
Just sit at $.005 like me and get filled a $1000 at a time :)
Trader53 - did you notice the detailed chart says 'oversold'?
I understand a lot of the 'missed' expectations can be blamed party on the economy being crap. All I'm saying is that it always goes back up so that is my play here. If they can get 10% of one of those big clients (I understand they already are in whole foods - and I talked to one store. They love their eco-safe product), I also understand there are a lot of other potentials...but, like with most pinks - everyone has potential.
This isn't a news play for me, just a momentum one and a return to a traditional price. $.12 (at it's current setup seems to be an average)... $.08 is low and $.16 is high. Even at $.12 thats a 50% gain.
Blah blah blah...picked up more. Value play :D
I've got a few. But, an average cost just over $.03. Been a bid collector when I can. $500-1000 buys you a decent percentage of the company.
Someone just picked up some cheapies...hope it was you.
I'm going to buy based solely on the valuation here. I think it's pure stupidity to sell down here if you have a higher cost basis. I have a theory of what is going on, but I'll wait to see if things play out.
Could also be true. Well, I don't own any right now. Just looking to pick up some cheapies and ride it up for it's eventual double.
I've posted on ESFS for years now...here and there. All I'm saying is it always bounces back up. Tops out around $.16-.18 and then goes back to $.08. IMO, it's been down here long enough to make a move. Hardly any pinkies put out news until the end of August (ESFS is no exception).
Although, looking at the chart February is typically the best time to buy this stock - then sell in March/April.
EVEN MORE IMPORTANTLY...look at the MACD (about to go positive). If it goes positive and we get news we could see $.16 in a heartbeat.
All of this is just a guess.
Exactly. Cautiously want to tip my toes in on the bid side.
Absolutely agree. SUGO will do whatever it can to keep those claims. As long as SUGO has those claims it has a huge asset.
He said he was in a convention a few weeks ago to meet with other cable operators.
A mining company could conceivably buy 10% under $.05 in the open market, then be able to effectively steer the company in the way they wanted to...even finance it. I don't think any one shareholder has more than 10%. Absolutely could buy 25% for under $1 Million and effectively do a takeover.
Was a very short conversation. He only told me he wants to update the shareholders on what is going on. He wants to grow the cable business as it seems to be providing a lot of positive cash flow.
He assured me he has been very busy this summer. Hopefully, we see the fruits of those labors in the form of PRs very soon.