Retired NYSE Broker & NASD Trader
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.
I presume most have read the PR from NPHC---I cut and pasted the following ---my question is "What are these requirements for xcho and what moneys will they receive"---has anyone seen or read the "Agreement" with NPHC ????
A critical part of the launch of Cobroxin is our licensing partnership with XenaCare Holdings. What drew us to XenaCare was not only the company’s commitment to a several million dollar roll-out, but also its relationship with a broker network that is considered among the leaders in the industry with a history for launching successful products, several of which now have over a billion dollars in sales.
While we are confident that XenaCare is fully-capable of completing a successful launch of Cobroxin by utilizing its available financial and human capital, our agreement, as would any out-licensing agreement,
requires XenaCare to meet certain minimum performance requirements.
art
Mucho Thx Mr. Fireman
I am here not b/c I am a disabled Korean Vet---and an old retarded Broker/Trader, but b/c of some extroidinary,, and exceptionaly, fine DD by a couple of guys----after which I later did my "homework" and found they were ABSOLUTELY right on---
I have some tight "compadres" in the Defense dept---in fact folks , it was my son, who working with the Army, who helped establish,, as in created,, the "INTERNET"----which we are now using.....back in the earlier eighties----many folks who offer veracity to this endeavor---
I have numerous contacts in the military and the DoD who have coraborated this company---and its mission..
Now, the biggest error and mistake that you can make is to ignore the past two weeks of steady , organized accumulation of shares---this is not JOHNNY BANNAS who is buying these shares--- this is ORGANIZED---with an AGENDA!!!!
cheers, art
Kate, yes these are good questions and if all of the answers were available, and crystal clear, this would not be at a nickle ---working on a dime-
We are waiting , as you are, for the PRs and Financials that will give us all this information--
But, there are waaaay tooo many here that are riding on the backs of others ---who have diligently worked and asked all that was feasible and fair to ask of mgt---and shared their efforts with us...
Some here could get off their back side,,, dig out some answers and share with the rest--
Actually ,, what is really at play here is the 300 year old economics principle of the "Invisible Hand"---
"WEALTH of NATIONS" by Adam Smith,, English economist who tutored John Meynard Keynes---Americas economist who educated President Roosevelt in deficit spending---
art
Well Smooth---nobody can see what is not there---yet--
We are waiting numbers---
But, the proof of this "cake" is in the very well organized buying attack on the offered shares over the past few days---
If you can't see the steady accumulation and the well organized back off today---well, we just can't help you much---
As you have been told ---read the published DD and then make you "own" phone calls to the senior mgt of EVRM....
cheers , art
No Due--- I was referring to the run up to a buck from two cents or so, and then the move down to about 40 cents , all rather quickly---
Art, One last question; What caused the last drop from .056 to the .02's? Do you think that is likely to happen again?
Slark---
You can see that in almost every penny stock on their first run---and also in IPOs after their first run--
Short term buyers who are satisfied with percentage gains and they like action---MMs know this.
MMs can ,, and do ,,, manipulate "pinkies" ---
if they see no strength underneath and they did a lot of shorting on the quick trip up---they will take it back and kick out all the short termers and fearful owners---cover their short sales and perhaps build a long position for inventory--please take a quick peek at XCHO and NPHC, both excellent companies--
From the past few weeks of trading performance on EVRM, No, I don't think it will again in or around this level---
Will it ever happen ---probably at much higher levels from here----My first buy was at .056 and rode it down,,,why not add on the way down??? I FIND IT IS SMARTER TO WAIT UNTIL THE BOTTOM HAS BEEN ESTABLISHED..and began adding on the way back up----that's how you build a position and wealth---IMO.
I am not looking for trading profits---I am trying to create some wealth again---hope this helps.
art
Slark
Generally in in stock mkt "lingo",, Long Term is holding/owning long enough to establish capital gains tax on your position--
Now, how high or far in terms of share price could EVRM go,, very difficult as to almost impossible to tell until after 3rd Quater Financials are reported --- also the Annual Report for the merged companies will really give analysts a foundation for projection---
My opnion, based on my past broker/trader experience is that anyone selling before then, will have left more than they can apprehend "ON the Table"
Why do I believe this----it is the absolute steady accummulation of some very heady investors diminishing this float , which is already small, into "peanut" size in relation to the OS----since 51 Percent can not be traded.
art
91 Charlie here---
to bandage up any bleeding--caused by buying on the wrong BB and then selling ---again, on the wrong BB.
No No, Due,, not here at this level---I think this will perform similar to how NPHC has been performing---
Therfore when we approach the $1.00 level--that's the time to test---it you are trader---which I am not.
I will be owning all of mine and more when we get Listed.
art
That just proves the point---you have a solid trend , still.
And,, personally,, I think you are going to be proven correct---my initial buy was at .056 and watched it all the way down to .019 and back to .023 before adding
Here is an interesting tid-bit about charts--Do those that follow them and act on them religiously also cause them to be essentially correct---
If the RSI was not there---would there still be a "sell-off" around that price level,,, or does the RSI cause the sell-off??
Prior to "charts" and "chartists" what criteria was used to establish pps strength or a selling point???
Percentage of gain???? Number of consecutive days moving up??? Fear of others selling after a strong move up????
One of the "TESTS" used for testing pps strength (demand) was to hit the bid fast and hard---if it held, go long --if the bid was hurt , then short it or wait ---
So, if I had a few million real cheap of EVRM and was concerned , I could hit the bid with 500k and see what happens---if it was absorpbed like the hole my finger leaves in the coffee when I pull it out---i could buy it right back and feel comfortable about my position---that the pps would continue to rise
Oh well---just my blathering on Sunday afternoon while the Cowboys try riding the Bronchos--
art
My 2 cents on the 10M trade
It used to be when either a seller or a buyer wanted to move a large block of shares in a timely fashion he would give it to the brokerage firm with instructions --- allowing all the MMs in that stock to check their client lists, and move the block with minimum effect on the mkt but still show the trade on the ticker---
If this were a 10m buy order the buyer might never get it filled by sitting on the bid----he would have to continually increase his bid price to maintain his position on top of the bid--this could substantially move the mkt---then,, when finished, the mkt might then fall back,, precipitally ---- this distorts the mkt---OR, the MM could short 10m shares to the buyer and trust the mkt to allow him to cover---without losing his shirt????????
If this were a 10m sell and time was also of the essence---just how far down would the seller have to take his offer and still hold the ASK ,, OR the MM could buy it all himself---and again trust the mkt to allow him to move it without a big loss---
Regardless---this was a bullish trade in my view---and I doubled my position today---
art
I am as anxious as any here for this to become a "mover anda shaker"----but we ain't going no place til we are off the pinks---
You don't feed steak and caviar to pigs---why put out really eye popping PRs when the big boys can't come to the party---
Or,, am I missing something in my old age????? In my time we always loaded the cart after we had the horses to pull it.
Personally, I would expect a continuation of Friday all thru next week and the weeks after on either NO news or just a hint of what's comming----
After the finacials and a more respectable SP we could uplist and really put forth PRs that would bring about a BIG PARTY---I think there are a lot of folks that know about EVRM and STS and what can happen but need the company off the pinks before they can they invest---they are not speculators---
If history continues to repeat ---we will lose a good many of are flippers and impatient speculators and replace them with investors--
art
TBROD---your post--
art35, I read your posts with the utmost respect. After all, you've 'been there, done that'.
What is your opinion of "overvaluing EVRM" or for a better word, gestimation?
I know it's not a fair question but as you say, "We can dream in our old age"
Sure---dreaming is sometimes the best part ----but here is my 2 cents on why I think EVRM can and will be overvalued when using the traditional method of valuatuion---OS x SP = Capitalized Mkt Value at that point in time....and using the PE ratio--
1. The teeny, weeny, itsy, bitsy float at present,, due to the previous explanations--scarcity causes higher prices if the product has no flaws--
2. The minimum of 51 Percent of the OS that can not be sold or traded---will be "looked" at as non existant in the mkt place ,,,there-by commanding a higher PE---until the company is sold or acuired ---
3. As long as the "strong" hands remain strong it will be more expensive to purchase positions b/c of scarcity of supply ---until those hands get weak and sell into the supply, unless they are sold and delivered as a block to an institution who will continue to keep them out of the trading float--
4. If the contracts are as juicy as we hope and if the mkt place views this company in a premium light--the shares will command more value--
anyway,, these are just my thoughts--
cheers
art
More of my 2 cents---
YOUR POST----
911: I have a quick question for you. 1st, I having nothing against a prediction of $1 by EOY, HOWEVER, based on the current share structure, that would end up being a market cap of over a billion dollars? Now, living in a real world, even at 25 cents, one is talking 250 million market cap. That to me, is not unrealistic.
My 2 cents---
I believe that the "teeny" "weeny" "itsy" "bitsy" float in relation to the forthcomming potentially absurd demand for these scarce shares will help considerally in overvaluing EVRM
Real tradable float is around 60m
~~~We have Float shares = 413,191,265 ( Not Gonna change)
~~~IMO 240m ( Around 60% is held by insiders in CERT form)
~~~We have over 120m held by some long term investors ( Not for sale for a long time)
~~~Real tradable float is around 60m
Probably Just dreaming in my old age though---
cheers
art
I read the last few hundred posts and noticed quite a few were pertaining to the "short" position---
Yes, we have a short position,,, but don't confuse the mm who is executing trades with some one who is shorting ----
The mm is doing his job---he does not have an "axe" to grind---he could care less which way the price goes---he makes money by "making" a market ----
If someone or some entity is feeding him sell orders , he executes them---It is up to the Seller to either put up shares or put up the margin money and if he fails to deliver then the mm can cover "his short" by buying him in at the current mkt price---
This electronic short business gets tricky b/c it very easily overstates the float---a problem we did not have prior to "electronic trading"
Electronic covering can be an experience---I once had a $6 stock go to 21 1/4 in one afternoon---I can hardly imagine what a penny stock can do , since we are dealing in millions of shares---
When I was on Wall Street a "good" day was 250,000 shares traded all day on the NYSE---and the mutual fund column in WSJ was a single column about 6 inches in length---
cheers
Folks---I spent some time in this business and I am just like each of you in my desires for this go,, as in take off------
But, please don't waste your time talking with anyone who invests money ----for the benefit of others---you are wasting their time---
I worked with our "insitutional" guy and he had a list of securities he could offer and his clients prepared it for him---90 percent listed
Since the advent of Nasdaq it has changed to include them and some other qualified OTC stocks---very few BB stocks are considered--
The "Pink" list is off the charts,, Literally!!! for them to consider----That is considered the "graveyard" --most companies are "sent" there,,, for various reasons---
That's why I said earlier that this will be driven by us who like "risk" and are looking for the 10 to 20 bagger---
EVRM will put every effort into getting uplisted ASAP----and you should encourage this b/c that's what we need for the institutions to take an interest---that is if you are in this for the one to three year term--
Those that invest for the benefit of others have "BY_LAWS" that govern what they can buy--and what they can not buy.
Now, if you are a flipper ,, i see your point--a few PRs ,, some nice momo and a move into the teens and you are history looking for the next ride---
cheers, art
Just my 2 cents---
It's my belief that almost all major successful companies DID NOT start on the pinks as a "pinkie"---they began as IPOs
The PINK SHEETS are the bottom of the trading ladder and I do not know of any institution, pension fund, bank trust etc that is allowed to purchase those types securities when purchasing for the benefit of others---
So, I offer you this scenario---
EVRM will progress and the pps will rise pretty much due to individuals who have a taste for risk and seeking high returns on large blocks of shares cheaply purchased--These folks will mostly begin unloading after $1 pps is passed.
EVRM will uplist asap---probably to the OTCBB and other investors will come aboard when that happens and there will be another surge upward in the pps---
when uplisted later to the NASDAQ or the NYSE a whole new investment world will open up to EVRM---it will be like the second stage of an ICBM---
But, most of the sub penny and penny positions will be substantially reduced or gone altogether---looking for new pastures--
I have never been in the green on this even with my doubling and tripling up--my first block was at .054
I think the future is very bright for EVRM...I am a Korean Vet and looking forward to big things sooner , rather than later---
Cheers---art
It is quite possible that others besides myself have taken profits in NPHC when it broke over .50 and took that money and placed it into XCHO---
Reasoning is simple math---a double in NPHC from .50 is a lot less $$$ than a 6 bagger with that money from here in XCHO----and soon xcho will begin their PR work and people will see the actuality and potential of XCHO ,,, and perhaps have some numbers to play with----
I hope that's not too negative --- I left off the TA analysis as it hasn't turned positive yet--
As far as I can see this is strictly for NPHC---we, xcho, are referred to as a the "third party" who will be marketing Cobroxin----
XCHO need to do the same thing to promote the stock---and so far all their money is going into the mkting plan of the product and nothing towards building the stock value--
jmho ,, art
I hopefully agree---about xcho---but heartily agree about NPHC---expect it to clear 50 cents tomorrow--and perhaps xcho will follow --------------------------someday.
art
Thanks for the support---i'll try again--
The chart is ugly but the TA is anything but helpful for a LONG ---but if you believe in the theory of ""when it's at its worst""--BUY!!
http://quote.barchart.com/texpert.asp?sym=XCHO
I believe that Sheff could shed some positive "light" here---if someone knows his "call-sign"'
art
Sheff
Any thoughts on why this is acting so poorly in relation to NPHC??
The "BOO" birds are out in force today---looks some of the "babes" need an encouraging word---
The charts are really ugly---my post of the TA opinion was deleted it was so bad--
cheers
So far it seems all the talk about Cobroxin is Nutra-Pharma,,, xcho is only licensed to mkt Cobroxin in the USA---what about other countrys???
What does xcho have to pay nphc for the license??? Does xcho recieve the full proceeds from the retail sales??? or share with nphc---How much in terms of $$$ does xcho get from a retail sale---is it a percentage or a fixed figure..
So little has been said about xcho i am a little befuddled as to who is handling their PR or investor relations---if anyone..
cheers, art
I'm entitled to an occassional brain farct at my age---thx, art
Pardon my ignorance re: charts,, but what is a
homeing pigeon in candle stick analysis---and what does it mean--
tia
art
Yes ,,
I agree---been in this business a few yrs
the 500k prints do appear to be crosses
there is a new member of the mgt team--
he came aboard with excellent credentials--
they have been posted here for all to read--
he obviously wants shares,, prbably part of the deal--
where is he going to get them?????
If you look at the A/S and the O/S,,, they are pretty equal
So, one or two of the insiders are transferring blocks of their shares to him at these prices before any news is PR'd ---certainly makes sense---taxes and so on---
when this person has a substantial position we will no longer see the prints and we will shortly be getting news--
This can be confirmed by calling the CEO or waiting until another financial is released that shows who owns what and how many and comparing it to an earlier financial--
jmho---but I concurr that these are prints signifing cross trades
art
As for when will EVRM be sitting at a dollar, I think sometime before the end of this year.
Steve,,, this is mighty bold of you to be stepping out on this type of limb--
I did this once with getc---ouch!!!
art
Dose anyone have an idea of the retail pricing for Cobroxin??
tia
steve and fellow shareholders--
thanks for accolades and to Mary Ks excellent charts
art
Thankyou kind sir
art
Your post displayed some insider knowledge--i was on the floor of the big board years back ---nothing like it is now---and later worked some our nasd back office with the traders when the nasdaq was being formed---been a lot of change and yet some things stay the same,, or relatively so.
art
I am not sure I follow your thought train---
But if i purchase over time 20 or 30 round lots of 500k shares in electronic form and then request that they be physically delivered to me in certificates ---I have removed that amount from electronic form and from the tradeable float and from the MMs who would like to use them ( as in borrow ) for collateal in their short trades---
Flippers will later find it more difficult to move large trades in and out without a greater affect on the pps due to the shrinking liquidity
If I am the company , then these shares become assets to be used at a later date---without disturbing the O/S-- since they have already been registered and issued---no need to go thru all that again---they can be used in a quiet private placement or in the employee company funded retirement plan----You can check the company's financials to see if they are carrying any treasury shares--i think that's what they call them
And If the buyer is a ""knowledgeable"" investor as in an entity that is very close to the insiders---he can act in the same manner as the company might act---and down the road offer them in a large block to an institution or bank trust or pension fund or insurance portfolio --etc etc These shares just never seem to get back into the tradeable float--
BIG money and forward planners are patient---sometimes very patient---
but all jmho
art
PS---remember we are talking about big government, the dod, big nyse companies, big politics and lots of inside secrets.. and little ole evrm down here at a few pennies----jmho
Alien---I don't mean to interrupt---
but if it is the company buying or a substantial and ""knowlegeable"" investor who intends to hold a long time , as in years, then he/they would request certs-----removes the need for one of those distasteful R/S thingies if they can remove enough floating shares---
Only those "in the know" would be doing such---
This board is full of tempestous flippers and day traders and the MMs know this also---and the MMs have learned how to take their shares away from them---actually, not a very difficult learnng experience---
that's the buying side---now as to the selling side---the MMs are ""packaging""
jmho
cheers, art
what is your background and base of intelligence/experience for this short sylilloqouy on the 500k trades----just curious.
art
I did not see this as a bad day---and as far a filling a gap---well, it could gap up and later in the distant future be filled via a forward stock split----jmo
As to today's activity--- suppose there were five guys familiar with EVRM---not insiders per se, but close to the action--and knowlegeable
Each put up $15k ea....and they bot 25m shares of EVRM in the sub penny range ---.0015 to .0035 ---,,,and agreed to sell out the position when it reached a million dollars---and also agreed not "kill" or crush the mkt in doing so----they would need what we had happen Friday--
25M shares sold at avg of .04 would give them their million $$ dollars ---
And , perhaps they did not liquidate there entire position---perhaps they have another 5 or 10 or 20 million shares and what they sold was to pay off all their debts--who knows??
jmho
art
I really don't understand all this "flap" about selling on the ask,, or buying on the bid ,, or selling on the bid---bidwacker,, brushwacker??????????
I spent a long time at a trading desk and it makes no difference to the trader (the MM ) where you put your sell or buy order----just makes a diff to you as to the amt of money you recieve or spend for the block of shares envolved
cheers,,art
http://www.nasdaq.com/about/nasdaq_listing_req_fees.pdf
click on and scroll down---you will see that it is rather expensive to list on the Nasdaq---only something a mature and profitable company needs
The benefits are financial visibility for investors and an automated quotation service---nasdaq = national assoc security dealers automated quotation service-----came out in the late 60s
Growing your company below the radar on the pinks can be equivalent to growing as a closed corp---then listing on the BB or the Nasdaq can be like an IPO--
art
THE MM DOEN'T CARE
His responsibility is to make and maintain an "orderly" mkt
and he can do it any way he likes---"trust me"--
cheers art
Your 5k shares were bot by the MM--either for himself or for another mm who was acting as agent--or for the mm's client
he could either have had a mkt buy order to fill when your order hit or he was filling a short position earlier incurred -- perhaps there were buy bids that he stepped in front of---but, the long and short of it ,, he wanted shares at that moment in time...
You have probably have never worked a trading desk-- --
cheers,, art