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.
The $$ volume buying in now is 10 times what it was when prices were 5-10% of this. Not saying there isn't a plot afloat for some privileged few to get shares even cheaper, but retail investors with nervous tics seem to have left the room. The settlement seems to have restored hope for much better days ahead...
Which oil stocks are up 5-10 times?
Yes, but how low does it go before the debt is converted. We've seen that game drive others below a penny!
Ok, could we see .03, Mr. Goh, since new financing is premised on pretense of the possibility shares would exceed 75 cents. Reestablish some credibility here, if you can.
April 13 financing deal was unknown to shareholders before 4/14 vote -- reads like a Ponzi scheme. New equity financing from new lambs to repay recent lender at 30% interest on top of principal plus 5% interest. Then they get shares at 49% discount to lowest traded price. But to create a pure illusion that anything has changed, they say the shares are convertible at EITHER the lowest of half a penny *** OR *** 75 cents!!! As if something magical could ever occur in this scenario before July 13 to cause the shares to become 75 cents. What a mind f**k these kind of crooked agreements are. Sickening.
Dbe1919 -- just now saw what happened and your message must be the explanation... Earnings today! Don't know how i missed that but have been learning the hard way never to rely on iHub for complete news. Please, can you tell me a better site to get news updates -- my brokerages mobile device does not have adequate news feed either.
This has been shocking breakdown in PRGN since the RS. More shares traded hands on each of 3 days since 4/5 than are supposed to exist as OS, more or less. Is this naked shorting, or dilution going on? Or insiders bailing? We're earnings soooo bad?
Okay, that's great -- so the company would realize some revenue from every download in this business model.
I see you speak your mind, Alan. Good.
Looks to me like they've been making plenty deals --
To give away shares for free.
Or .10, right?
Why not perhaps go to the Apple Store and try to find the products, then ask Mr. Kay to talk about the relationship a little.
It would be healthy if we churn sideways, between .0008 and .0012 for awhile,before rising further, IMHO.
Yes, long term I think it can get to 4 cents or more, but these days everyone seems to have the patience of a gnat. I was born in the wrong century, I think.
Maybe those were the last of their shares and they had walked up the prices to make a killing on the last 20-30% of their shares, but it got ugly when prices dropped below .002 on 4/13-4/15. And some things I've read on this board suggest there was some selling left. I'm not convince it won't double bottom at 6-7, because after all it was under .0002 for a long time, and last few days crash --today being an exception-- could prod some to protect their profits (those that got 1's and 2's)....
That's probably right, I hope so, but they seemed very dominant late last week.
Correction:
The debt holder got shares below
.000075 -- sorry for typo in my last.
They profit over 1200% selling at
.0007-.0009. I doubt their traders are rewarded for letting that kind of profit slip away, regardless of speculation about the company's future bright prospects.
Re: dranesthesia1 Post# 49135
The debt holder got shares essentially given to them at that price, below .00075 or thereabouts, and others were converted lower. So they make out like bandits selling tons of shares at .0007. That's a 10 bagger
The debt holder got shares essentially given to them at that price, below .00075 or thereabouts, and others were converted lower. So they make out like bandits selling tons of shares at .0007. That's a 10 bagger for them.
Not with a little over a million shares they are not. That is less than 1% of the float even Before the 2.1 billion share dilution!!!
WBCTrader -- thanks for clarification.
It had looked like Apple was doing things the right way. If they are infringing in any way otherwise I am not aware. The accusation would have to be very specific, and not assume that because Microsoft was ...
Whoa. It was a poster on this board who stated Apple was selling SFOR product (the post implied they had a deal with SFOR to distribute their product). It looked similar to how Amazon is selling them. I have no details other than what I saw in that post. Don't know post #. Hmmmm
.0012 will be important to overcome.
Just remember how many shares profit 1200% by selling at .0008 (who got shares below .000072, and even below that). They could short from .0012 to .0008, and have a very nice day doing that. They control so many shares now, they can easily play those games every day. I believe in the company, would just caution against chasing these very fast moves... That's a 25% loss, buying at .0012 and having it then dip to .0009. Caution warranted. I'd rather see 10% every 3 days progress, and let it take a month to double.
Yes, my question also...
Why are you so certain that Apple may possibly be infringing?
They are selling SFOR's product in their store. How is that infringement?
One wonders if a competitor could have cleared out the inventory...
Pondered this long and hard, and I do not know the answer, because I fear the very recent impact of the conversions at such low prices and associated dilution. I expect its impact to be temporary, but I do not know how short lived this punctuated down we have seen will last.
No sweat. We will get to .01 eventually, even if no one ever posted on this board again..
Fuggettaboutit!
The was the first of an Elliot Wave series, that should bring us back to .03 within a year.
Says I.
Brilliant. I say, hang in there, I'm down too, but I have faith: even if it revisits .0002, I believe it will see .005 again. In my humble opinion.
I am not an investment adviser and am merely stating my personal opinion as a small retail investor.
Yes, on all counts.
May I ask what level you bought at, and were you relying on technical analysis or what source of information attracted you to this stock? Just interested...
It seems a piss poor attitude to take so much of someone's valuable time, then publicly cast suspicion on their motives for giving you their valuable time. Get help.
I wish the CEO might be allowed to rest on the weekends and not be badgered with emails, so that he can begin the week refreshed and ready to do his best for the company.
Lasernat -- per your 1:03 msg: I agree with what you said 100%. I have no private message ability, or I would expand.
My view right now: manure smells, but sometimes one is better off to think if it as fertilizer.
Unless some ethically challenged pairs are jerking this up and down daily to profit both ways, which I suspect, it is just the dilution, and the psychological distaste that 99% of people have for paying anymore than "the next guy" did, which as figures have emerged we know is less than .0001. Maybe we can all adjust our mindset and open ourselves to accept "the good news". The past is the past. The encryption products are essential. Toxic debt behind. Some lenders took on risk before many of us, and those who have invested in this range have shown a vote of confidence for a financial turnaround. Let's hope our patience is rewarded while the new revaluation brings the shares lightly floating upward to the heavens.
Sometimes intangibles like security are hard to put any price on...
What about Xfinity?
Also, might turn into Star Wars and intergalactic battles with big anti-trust issues if MSFT bought them, and was then in the position of going after everyone who might be said to have violated the patents.
Better that one smaller company be licensing the patents to others, rather than ugly battles among the Giants.
Thank you for one of the most cheerful posts ever...
Are you rich? And if so, wanna travel the world? Just kidding of course...
That's why I left. Troubled by overwhelming urge to put a sock in someone's mouth, who posts 15 mindless messages in a row. Like a bird chirping incessantly at 3:45 am when one is trying to sleep.
Well, it was truly shocking, and next week will show if you are right. Be nice to see half a cent again....
It should be made illegal to use any MA based low, because the stock is then deliberately manipulated to make the price unfairly low. Always. I think the higher level echelons of the SEC and FINRA should be replaced in a clean sweep, and an entirely new set of rules written.