Retired NYSE Broker & NASD Trader
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ERoche
Do you happen to know the cost of doing Audited Financials??? I have heard that it can be very expensive compared to many years ago---
Art
STEVE
A long time back when I was working as a broker for H.Hentz in Odessa , Tx., I got a new client and when she showed her portfolio to me I asked her how she came to own these----did you inherit these, I asked??? She said , "No, I bot them all myself" ---- ( they were all solid 1940s-50s blue chip growth companies)--- She said, "I decided that if a company couldn't afford to advertise in full color in POST and LIFE magazines then I would not invest in them, I left them alone---I bot only the companies that could."
Well, like you, I'm in EVRM for what other reputible companies and other reputible investors see---this agrees with my dd and my conlusions---
art
I have my last powder ready---i was waiting for something like this----here is why---I have seen it before.
I did not believe the seller/seller group was gone ----and for them to clear out of several million shares,, in a hurry,, they needed a fairly decent newsy PR---which they got--
It looked to me like there was about 1 1/2 million in buys on the opening and they could not move the MM up---it all got sucked up in a hurry at .016
It appears there was a huge supply of shares over hanging the mkt and instead of the them holding in place at .016 and letting more buys attack--the MMs started bringing it down to meet the in place buy orders under the mkt ----stopping at .012 ---
Beautiful volume on the downside ---seller first and weak sisters last--Looked like one big buy of 132K at .015 right after a .013 sell---but it could not start a bounce or turn-around---the bounce and turn will come---
The positive side of this is look at the huge volume and it is all being sucked up-----
Must be some folks who believe,,, and must be some flippers picking up for a "quickie"
JMO, art
It did happen here---remember the Oakland word series
My pc shows 400k traded on the ask --then trades totaling 407k and change on the bid ---and then the MMs went home for a nap.
Don'tcha just luv it!!!!!!!!!!
I found this on another board today---just posted
EVRM.PK seems to be a great investment opportunity 8-Jan-10 07:55 pm I have just over a million shares in this company. I'm hoping they do some good business, file a report on their earnings which is strong, and show some good guidance and PR. If this happens, I dont see any reason why this stock (which is still VERY cheap) could not increase to the $0.20-0.25 range. I still think this stock can reach as high as $0.50 by mid to late 2010. JMHO - good luck to all.
art
If you take a good look at a one year daily chart, it seems to show about 4 months or so of trading in the .001 plus area, then the abrupt move upward .. a pullback ,, in which a lot of .001 holders sold, and then another move up to the same level--and pullback, in which the rest of the .001 sellers are still in action---selling.
Does this .015 level look like it will hold???? It did before and I bet this morning that it will again, and incresed my position by a 1/3...at .0159
If it does not hold ,, then i see my risk at only 1/2 of one cent--BFD...
B/C the way I see this chart is that .015 is a major support level that held before ----and .01 cent is an unlikely support level that don't think we will go to, but it does exist..
All we need is three or four trading days of 3 to 5 million shares per day at this level and no lower and the support proves itself---then we move upward even with no news---
The "de facto" news will be that the .015 level is the bottom and I believe that realization and acception will promote buying--
REMEMBER---The DD is solid---
JMHO---art
That's my opinion also,, just not sure of the date
EXCELLENT POST----
ART
Personally, I think it just looks better to release the 3rd Qtr Fins of 09 in the year of 09.....
I am expecting a PR very soon,, perhaps Mon---perhaps shortly thereafter---
Anyway,,I have a buy order in for the opening on Mon---mine will be the first trade--or included in the first trade---so, if anyones unhappy and want to sell, my hand is out for their shares---
It has been my belief all along that this is more about STS and its ability to generate $$$$$----and, instead of an wxpensive STS "IPO" they sold to a very unique company in their industry---
A move that creates a politically better and stronger foundation for future growth--
jmho and my money
art
Anyone care to decipher--
Q3 STATEMENT OF CHANGES TO STOCKHOLDERS' EQUITY
art
Due---Why the big flap about what is dilution and what isn't???
I thought everyone here was an adult, with basic investment smarts ---
Or are we talking dilusion???----because,
If I have a glass of iced tea and I add more water---my tea, or drink, is DILUTED-- if I add more tea, my drink is Stronger---
If i add an equal amts of tea and water to my drink, and maintain the balance--no dilution to the drink
Same with a company's shares---
Those who don't accept, or understand this have the strength of their investment intelligence "diluted" with misinformation.
JMHO,, but there is no such animal as "good dilution"---
Since the price of my shares is now lower and the number of shares the company has in the OS has increased,, (since I made my purchases)--my previous value has been diluted ,, as in made lower because there has been no offset, PUBLISHED, by the company to maintain value---AS YET--
When the financials are released --this can be the offset and increase my value--- as in adding more tea to my drink---
What say you---
Art
I have a margin acct only,, and i did my tax selling on the last trading day in dec last yr---no problems with irs---?????
art
Homey---msg# 37437 ---Fidelity doesn't either ---and I don't think that zecco has to---
Do you know who has to report---if any of them
art
Looks like they had to be "greuled" and "scoped" since late Aug---according to the PR
Just so they could do that----
It just might make it easier to announce other contract relationships!!!!!!!!!!!!
any thoughts on that ???/
art
Reviewing CT's VC he pointed to the low volume that moved this up.....Two things that MAY have crushed this down is dilution or a big sellers...If both are over then we should see another white Candle Monday....Still a year End close off 3.5 to 4 cents would be saying something....
NEB---EOY selling always occurs, and with evrm it could easily be some "biggie" or two offsetting other losses with their gains from a sub penny position in evrm----and re-establishing after 30 days---with a new and higher cost basis for the future--
something I failed to do several yrs ago and got caught with 6 figure short term profits----the taxes are quite punishing..
art
As you can see by the PR 9/15/2009 Mr.Sym stated that we were purchasing an asset worth between $80 Mil. and $100 Mil.
If that is an accurate statement, and you divide 1.12 bil. into the lower of $80 Mil. you will find that the share price will be .0625 cents. Keep in mind that that share price is based on an asset value of $80 Mil. and it is using the authorized total not the shares outstanding.
It was my understanding that the above .0625 would be considered "BOOK VALUE per SHARE"
I didn't think market share price ever had much to do with "book" value, unless you were considering "dissolution" of the company's assets and the pps was so far under book that you might buy some shares and come out ahead in the sell off.
It was my opinion that share price was established by the market place, with its feelings and emotions regarding visible & verifiable revenue and earnings ---- but of course that would not be "PINKIE"
So, I guess the market place says that the pps of EVRM is ""whatever you want to play with"" per share---"on any given weekday""....until verifiabilty arrives.
art35
I know you were---
I was taking "cinematic" license
cheers
Is that right??? and just what has bashing shown?? To me it is impatience---in bashing , no one is right or wrong---its an emotional expression---sorta like "whining"
Assuming this EVRM boat to be a viable venture,, there are three things that happen--
#1 You board too early ---you hold on to your tickets , whine and either continue to hold waiting for departure and whine some more , or sell---and move on---looking back occassionally to "bash" and whine
#2 You are too late and the boat has sailed ,, so you whine and either swim after it and then whine some more b/c you can't swim fast enough to catch it ---so you leap ahead to a docking port and pay thru the nose for your tickets---and whine
#3 Or you are right on time with your share purchase and sell after a very profitable move ---only to see it keep going on and on to other lovely ports ---so you whine about getting off too soon but rationalize your decision---while some of us get "freaken" rich and
#4 and whine about all those forthcomming taxes
Merry Christmas ,,, and I think it will be!!
Cheers
art
With the TA and other "techies" reading and responding to this----we have our work cut out to make the dollar pps
http://www.stockta.com/cgi-bin/opinion.pl?symb=EVRM&num1=9&mode=stock
Historically speaking,,, if news is forthcomming then the mkt prematurely days so----
and it ain't saying anything right now about monday,,, except expect zippppo for monday----jmho
cheers, art
Do we really believe in this $1.00 by EOY???? We are down to a couple a dozen trading days ----and it is quite possible we get a few days of tax loss selling in Nov
--so as to be able to buy back at the end of Dec when others are perhaps doing some tax loss selling ----
I suppose that a nice PR along with strong financials and we could do the Dollar thing in about 8 or 9 trading days---short covering along side new investor position building could propel us quickly---
But anything that quickly will bring in a lot of sellers believing that it can't and won't hold----
But if it does hold----"katy-bar-door" on how high it will go
SHORT NOTE OF THANKS TO 'investor911'
That is a very impressive amount of DD that you have compiled and shared--a most gratifying amount of work ---KUDOS[color=red][/color] to you.
ART
I am looking for some feed back from
"users" of the Cobroxin products----i have been a user of both meds since 10/19---
my invoice number was 1700 and I am considering a reorder soon just to see the invoice number---my order was invoiced on 10/14.
I have found that their dose suggestions are way off for me---
marv
Has anybody been taking one or both of the Cobroxin meds???
I would like feedback---
I have been taking both for over 3 weeks---since 10/19
There are some flaws,, or should I say schedule problems with maintaining therapeutic blood levels---to maintain pain relief....
And dosage needs ---for relief????
marv
Nice of you to do a count --
What final total do you have?? after
Adding my 1,096,300 shares
cheers to all
art
Thankyou kind sir--- and sirs
I felt there had to be some logical reason for leaving 20 percent behind---and it seemed to me that it had to be monetary--
I don't feel sorry for the shareholders of SEVM b/c the pps of EVRM was sub penny and practically sub - sub penny.. they had every opportunity to re-establish positions of equity so that they would not lose monetarily--
We are considering something similar in another situation..
thx, art
jfburk---
Just my 2 cents on this ---EVRM owns 80% of STS and thus gets 80% of the revenue.
There has been a lot posted RE: this percentage figure,, now please correct me if I am wrong ,,,but,, when we pucshased the 80 percent we got 100 percent control, 100 percent of the assets and we will get 100 percent of all the contracts---
Whoever is retaining the minority ownership of 20 percent in STS has a similar situation as a 20 percent minority ownership in anything---little to nothing---EXCEPT at the EOY accounting.
When the fiscal yr is up and the EVRM accounting P&L finished: and STS ,,,as an 80 Percent owned subsidiary,, provides $100,000 or $1,000,000 in net revenues to EVRM,, then the minority folks will get their 20 Percent of that figure--
or::
Perhaps STS has a very large accounting loss (maybe several years of R & D expense) to contribute to EVRM's Balance Sheet and P&L Statement ---(( Which, by the way, is what I believe)) ---then the minority owner/s of STS will get 20 percent of that figure as a personal tax loss----Perhaps this tax credit is more valuable to them than income---
Then, perhaps sometime in the future, when it is to their advantage, trade in their minority ownership to EVRM---making it a wholey owned subsiduiary---
Anyway, just my 2 cents and please correct me if I am seeing this 80/20 thing incorrectly
cheers, Art
Richie---I don't know which book you are reading or the brand you are smoking ---but your analysis is without logic--
I have been there and all we have been getting recently is MM "Shenannigans"---
There is NO LOGIC to this---it is all MM play and pulling shares from weaklings and impatient flippers-
Buy your position and take a vacation until the Financials are released.
art
Toyota----
The Cobroxin arrived today---so you can see the date i posted ( 10/14) was when I ordered and I recieved both the spray and gel today---it is onboard now!!!
My invoice number is #1788,, I hope this means that the number represents my place in the number of recieved orders---
The gel top was loose ,, causing the entire bottle's exterior to be coated in the gel---so I got my first dose without removing the plastic wrapper
The gel is readily absorbed and leaves no residue--it is more like a 20 weght oil in consistancy--no odor of any kind..
The spray has a light fresh taste that lasts only moments and then nothing---no lingering taste or flavors
If it works as advertised , then we will have a real winner next year ,,, and the years after,,, as far as an investment..
cheers
Art
They did one of these for the last one on that list---GETC
They missed BADLY on that one and never posted a retraction!!!!
Geotec was under SEC investigation at the time---and subsequently now under indictment , the company ,CEO Bradley Ray , Rick Leueck and the CFO, Steve----for falsifying their financials---and some other shenannigans that the FBI and Treasury may be visiting with them about---
SEC court date is around June 2010---
art
I got 2 confirmations, a note saying it would be shipped shortly---
I replied with a request for notice of when shipped--
art
You are right ---every sell has a buy side and vice versa,,,but in the cases where the MM is buying for or selling from his own account----there is no public side of the transaction
art
'jfburk'---your comment
every time I buy at bid it shows up on Fidelity as a sale and not a purchase. I am not sure buy/sell ratios are accurate but am looking for an explanation.
--
Explanation: FWIW---Fidelity is not a Market Maker---they do most of their trades in EVRM with Knight and then some others---they try to farm the order to get the best price for you ---
One MMs bid might be anothers ask --at any given moment ---
Yes , it is very difficult to decipher and differentiate what is the buy and the sell when actually unless the MM is buying for his own account or selling from his own acct--it is both.
Lets say the MM bot at .38 and the bid moves to .385 and the ask to .39, He has .005 profit and sells to you .385 even though it is on the bid---b/c he is required to maintain an orderly mkt---and if later in the audits it is shown that he has been gauging he will be repremanded--which is not good for job security--
art
Thanks Brick--
I got in to the site www.cobroxin.com and ordered both the gel/ointment and the spray---total of $41 including s/h
I'll let everyone know how it works---both my wife and I have rather severe arthritus and back pain from surgery on blown vertebral discs and she is currently recovering from a fx hip.
I take Rx Vicodin practically on a daily basis---be nice to get rid of it.
art
WOW!!!
support@cobroxin.com
7 pages of all kinds and types of support-----several hours of reading but well worth the "browse" thru
art
Yes --can't place the order--
here is what happens--
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MY 2 cents---again
It just appears to me that the organized buyers have established their position---and they have stepped back.
Perhaps to wait a few days and let the flippers flip , the weekies dump and the traders trade for the new sub penny---I know I got a "Tout" for one---
No one is required to maintain the pps ,, least of all the MMs.
The buyers will either step back into the arena or they won't... my guess is that they will----before any PRs or financials----
And if they do, it is my guess that the financials of the merged companys and forthcomming PR with announcements of Contracts will be "Substantial"
cheers,
an old Marvin in Az
Very nice post---
Very succinct and to point
I wish him well, also
art