buys stock in bulk! Stock up and save!
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Party time coming...Dan plans on updating shareholders soon.
Very close here...IMO we are waiting for "news season" to start. Sounds like ESFS has enough to really push this. Looking for a double here in time.
They made a pretty good point last week...
At least the US can print money to pay off its own debt...what can France, Germany, Italy, et all do?
Britain was pretty smart to not join the Eurozone.
An interesting ETF...BJK (Gaming). If the economy looks like bad...this might be a good one to short.
Quote from one of my favorite movies... Young Guns...
"He who sows the wind will reap the whirlwind."
..."Reap it Murphy, you SoB"
Nothing better than a little vindication when SUGO announces it's moving forward. "Reap it."
The company is hiding behind 10Q's and 10K's... scoundrels! :)
WNRC has been very busy...certainly didn't take much of a vacation this summer. There will be news here.
SLV, CUT, CORN, COW all up. But, most things are, aren't they?
I'm willing to bet a dollar that WNRC starts putting out news, now that the markets cleared out. People start coming back into pinks/otcbb stocks about this time of year and Dan mentioned the fall is the best time to put out news.
It's not like the companies in the S&P don't have any cash :)
From your neck of the woods...
http://www.nj.com/news/index.ssf/2011/08/fearful_of_economcy_nj-based_c.html
Buying bonds, buying PUTS...kind of the same thing :)
Good Grief...someone bought $1 Billion in market PUTS yesterday according to CNBC... OOoof... Reminds me of June...someone bought $50 Million in Gold calls... can you say cha-ching.
If you got some info on SLV I don't have please let me know. Was going to ride a call until tomorrow. Up 15% on it already. Wouldn't mind seeing a french downgrade here.
SLV closing at HoD. But, then again, what isn't?
Fun market. Taking a look at CUT (Lumber). Got back into SLV at $37.40 today. Going to stick with some commodities here on out.
CORN, CUT, COW, SLV
Options on the QQQ are ridiculously expensively priced right now...Volatility is HUGE...yet, SLV has a small Volatility price. Go figure.
Wow (CUT) what a chart....will have to start researching that one. It's really hard to import wood from China now :)
Money in the bank will have a way of solving a lot of perceived problems here.
Bought some BAC today and some SLV and YHOO....time to get back in...might hide a little money in COW too.
The upside here is staggering...will make any losses any one here has sustained during the last two weeks in the market downturn be a distant memory.
Conglomerate Mesa is a legitimate property (it's been said before). There has been significant interest in the property. With gold at $1800 per ounce I can only imagine how many interested parties have crawled out of the woodwork to give SUGO a call.
Can't wait for the feasibility study.
Very good to have Thomas Craft, an SEC Attorney on board. Probably helping to keep the news - newsworthy, without fluff. Everything SUGO has done has been open and available. They haven't tried to hide anything IMO.
BTW, Gold hitting $1800 makes this look even better.
Pretty much everyone hits up my other board...
http://investorshub.advfn.com/boards/board.aspx?board_id=14664
But, I do need to spend more time and build this one up :)
If it was the SEC I'd be worried for SUGO, but it's just the British Columbia Securities...It has less people than many counties in the US. Financing is based on the value of the property here (i.e. what can be taken out from the ground).
Updates should be around the corner.
Should have bought BAC when it dipped to $6.31 :(
Gold $1715/ounce. Was up to $1720. ;D
Nearly any OTC stock with a market cap of less than $1 Million, that is actively putting out PRs is a buy IMO. When SUGO starts putting out news this is a double/triple IMO just on the basis of having news. But, the news they will put out will be HUGE.
SUGO has hardly any expenses right now. Gold is up HUGE. IMO, there are a lot of major players that are eyeballing SUGO or will shortly. There is a reason why SUGO hasn't taken the money yet....and IMO, it's good. Just not on the time frame that people who invest in pennies want (i.e. this week).
JMH, Gold keeps going up. The higher gold goes the better this is for SUGO. Be patient. SUGO, IMO, is utilizing the opportunities right now to get a MUCH better deal. They can take the $15 Million (which isn't the best deal) any time they want to...This isn't a company issuing billions of shares.
Do I wish I would have bought down here instead of at $.05-.06, sure...but who cares when the stock is trading well over $1.00. IMO, this could be absolutely perfect timing. Most pinks/otc stocks rally hard in the fall, they rally when people who lose a lot of money in the larger markets look for opportunities to make up losses by buying stocks under $1.00, and, people are going to look for the next gold play. This perfect storm here is going to be massive.
Ford down 50% on this retracement...
Bank of America down 50%...
...whoops? I think it's about 2-3 weeks away from putting all my money back into these major brands. Like YHOO at $10 if it goes there.
and...back down 1%.
Within 20 minutes...
Stocks Hammered Ahead of Friday's Jobs Report
Stock Futures Jump After Jobs Data
...maybe that ISM data was all BS.
LOL, you got so many picks its hard to keep track of all them...IMO, you'd do really good as a directional trader. Just pick 10-15 stocks in 3-4 different sectors and go long/short when you can...because you can definitely spot the ones that are good and give reason why they are.
The thing that sucks is the fcuking machines. They gave them wayyyy too much control. The machines are programmed to screw investors to make a quick buck.
All talk about what price this is/was/will be are pointless until the company releases financing.
The one thing I do know...Active companies in the OTC with less than $1 million market cap, always move up if they put out good news. An active company with active PRs, IMO, are worth $2-5 Million based on nothing. Even IF SUGO does nothing, but can still put out news this is an incredibly easy double/triple/quadruple.
I have some fun money. Cashed out of the market 2 weeks ago. It's amazing what $10,000 can buy you here. I think I'm staying out of the big boy market for a while.
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=65569819
$10,000 buys you more than 1 million shares here. 1% of the company. RIDICULOUS when you consider what potential these guys have. It's like going to VEGAS and betting $10,000 on Black, but getting paid like you would on a NUMBER bet. Will never complain about getting paid 35:1 on a bet I believe is at least 48% going to happen.
Went all cash two weeks ago except for play money...called it here...
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=65569819
Going to be a very volitile next 2 months. Going to seriously look at buying BAC and YHOO in the $100,000+ range. Might see another 4-6% drop over the next few weeks. Usually these little crashes come in pairs. (ala October 2008).
Only play in the sand box for now. The Algo Computers are quite nasty. And, the VIX is priced above 27 - so, only sell options IMO.
I have no doubt SUGO will get through this. Just made a deal with a devil, but it can be easily bought out with financing. Then this stock can seel a price that will shatter it's current price.
I've been buying down here at $.08-.085... well over 1 million. Might hit 2 Million here soon.
I've been in the market for a few decades...I've seen this happen many times. Watch the pennies...when people lose their money in the market they'll find a penny stock to make money back on. I think if SUGO can put out financing news by Monday - Watch out... you'll see a HUGE influx of buying here...and we could easily go to $.20/share in a day.
The reality is $200,000 in buying (which is very possible) can happen fast.