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Yep.. maybe it's time to get out of spooz now that it is known to a lot more people and the speculators and MM's are now going to play this. Of course, there is always the risk that whatever PR comes out this week will be really good.. so you have to weight whether you want to stay with the speculators, or take your money and run.
careful, it could be an MM walk-up and walk-down. Buy low .. wait for any type of news... then walk-up, then walk-down.
Or it could be an investor.... one of the two.. ;)
according to the interview, revenue from SIIR probably won't trickle in until later this year or early next year.... there might be a deal in august, but that doesn't necessarily translate into immediate cash..
SIIR is not flopping.. they could have gotten a deal at Cannes, but they didn't because they thought offer was not good enough..
I still don't think it will be a big money maker though...
wait for the "Never Submit" movie.. that's when the serious flow will occur..
looks like pump and dump to me.. someone is pumping it up to attract investors, and then they are going to dump when they see it flatline...
Anyway.. I'm not stock chasing anymore... at least not with pinksheets...
well, in the interview they said within 2 weeks... like what they have already been saying on this board...
well, I only listened to 25 minutes of it, but he basically repeated what he said in the previous press releases... so there isn't a whole lot to highlight.
Oh yeah, and they both defended that they were not crooks (and they sounded sincere about it)... And also answered some questions about why the stock dropped (part of it was R/S, part of it was due to unwarrented hype and speculation on the bboards)..
Also talked and said if they have a big hit, that there might be a dividend (but that is an IF of course)..
got the impression that they did their actions in the best interest of the company and that was their priority.
what I heard on the interview projected SIIR revenue will at earliest be late this year, and more than likely early next year.... (this is all speculation of course, nobody knows when this is going to happen).
That's not to say that other things could not push this thing up... but in the short term I would not count on SIIR.
Well, the gist of what I got was that if you are a long term invester (willing to stick it out a couple of months), then you will be rewarded. But if you are looking for something quicker, then you might want to move on...
Unless you like playin the speculation play...
you mean porn, or popn? sounds like pumping to me.. so maybe it is porn...
Anyway, from what I heard of the interview (which I did not listen to most of.. but I did listen to about 25 minutes or so).. they just simply re-iterated what they've have been saying in press releases.
So I didn't see any surprises or anything... (but then again, I didn't listen for the whole show)..
don't think it will go that low.. but you are right.. I can definately see it going lower until R/S.. then stabilizing.. until the next announcement (in a month or 2)...
My guess is that it will jump a little on the news, and then go back down again. Excellent opportunity for short traders. But unless he has a rabbit in his hat, any jumps will be short lived.
people dumping here to get cash to make money on other pinksheets cause they know nothing is going to happen for a few weeks or even a few months? I don't know...
let it fall.. I'd wait until at least .0004 area before buying.. may even go lower..., then we can buy a tone of shares and wait for the next PR in 2 months (or whatever)...
then let it sink... we can always double our investment down here.. and if it goes down.. double down again... and again... until it reaches bottom.. (assuming you have deep enough pockets)..
Eventually you can't lose unless this company goes bankrupt or pulls another R/S....
those estimates look right about right to me. It'll depend on how the economy is doing, and also the mood of the people and competition out there over the summer. I'm not an expert analyst however... so could be wrong.
well, had another dream about this stock last night... dreamed that it went up like crazy, and then I was trying to sell because it was up so much.
Which means according to my dream dictionary, that my portfolio is going down. Now whether or not this stock is going down or not, I don't know.. ;)
you have a point there... maybe that's why the stock went up. People are not dumb. They're just saying now they are not taking up as much pie as they were going to with the R/S. regular shareholders will probably get diluted 1000:1 while they, the authorized shares get diluted 4:1. I guess whether or not this stock rockets up will depend on the conversion ratio they decide on monday.
Or am I missing something here and not understanding what poeple are syaing?
well I had a dream last night about my stock portfolio... everything stayed the same except for this stock, which was down .0001. Course my dream dictionary says that what happens to stocks is opposite of what will happen. So, I have no idea where this is going. But my guess is that it won't move much today.
yep.. I see it going either way. Investors have lost confidence in this stock now (for whatever reason). But then again, there are bargain hunters and speculators playing the small gaps in this range... so although I don't see it going up real high anytime soon... I think most of the panicky sellers have left... so it might drop.. but don't think it will reach the .0004 range.. if it does drop below .001 then I think you will see some buying. Only reason why it would drop is if the speculators took away their money to play it somewhere else..
not me.. I don't have any more spare money left (for stocks anyway). And even if I did, there are other small caps that look more interesting now than IPRE. At least until late June/early July....
I'm curious.. what's to prevent them from saying 1 million shares equales 1 share (except for the preffered stock). Basically the majority invested money is essentially could be theirs if they make the number large enough...
Agreed, after this I'm not investing in pinks anymore either... If I had not invested in pinks I'd be up by 3,600 dollars.. I've lost close to 3 grand due to ipre alone...
While losing it is not the world to me since I still a lot more $$ in the bank, it just shows you that these lists are either full of pumpers and dumpers or naive optimists...
What about Enron? I'm not saying that IPRE is that way of course... their cards are easier to read unlike Enron.
Oh, it will go into the pennies allright.. ;) 10 shares now equals 1 share... weee...
I guess this is a good move on their part.. it is harder for flippers to make a profit on a more expensive stock. Harder to tell which direction a stock is going unless you have good software. Question is, how much will they combine to?
OT: Gold going down
I had two previous dreams in which gold would plunge.. they both turned out to be correct on the morning after I had the dream. I also had another dream that said to buy gold on July 1st.. however it is only a dream, and of course July 1st falls on a saturday. Still, it will be interesting to see if this dream comes true like the other ones.
I'll buy too once it reaches a lower level.. actually I want it to either go real low or real high.. but this waffling, I can't do anything...
money managers? candy that melts in your mouth but not in your hands? I don't know either...
I think this is a good stock to have.. I'm just going to wait a little while until it flatlines to a relative bottom... (somewhere between .6 and .9 is a good buy I think.. and yeah I know it has reached that already)...
Hmmm, it appears that federal approval was on the 16th for the product.. that's when you had a jump.. looking at the one year chart, the stock is near bottom. Not sure what to make of it. I think it will go higher eventually, but don't know if it will spike once the product is released...
I guess the stock dropped in december because this product was orignally supposed to debut in december 05...
In my head, I figured that we'd either close at the .3 level or the upper .39 level. Didn't say anything of course, cause everybody was so optimistic and didn't want to upset people... ;)
Oh well, now begins the slow march downhill (guessing). I suspect that this thing has to go below .002 before it will rise high again, unless a feedy frenzy occurs on speculation and PR.
But of course now that this deal is signed in.. it will provide resistance downwards for a while (who knows what suprises IPRE may pull one day).
actually flippers are smart... although if you did think that this thing had long term potential, then you could both flip and also keep some shares just in case it goes long.
Or you can just flip and make short term profit and not care...
well, there you have it.. I guess this stock is just going to have to ride on today's news, as SIIR news probably won't be for a while...
oh well, I'm patient.... it can always go lower.. even if I have to wait a few weeks... it'll be harder to go higher. So I'll wait for the lower .002's to come back again...
darnit.. I missed the change to cost average.. was busy with something else..
I'm going to wait and see if it goes to .0025 or lower. If it does, then it's time to cost average.. if not and then it goes up.. then who knows.. wait and if it goes high enough sell..
Have a feeling that this stock is going nowhere until we get PR... the big kicker of course is that Cannes ends this week. So if we don't get anything next week, then blah....
makes sense to me.. if you look at the one year graph of this stock, the low mean was slightly over .002. This would be an excellent area to buy probably (guessing). Only recently has it dipped below that. It'll be tough though, but not impossible, with bargain hunters to reach that level.
Unless MM reads these lists and decide to use this information to do something else.. ;)
why? Dollar cost averaging is practiced by many people - Cramer is a well known one - and another one is the paid consultant that I'm using to buy stocks.
how much did you buy? you may want to do some cost averaging. If it ever reaches around .002 or lower, then buy some to equal out what you bought, when you bought high. Then it'll be easier to reach a lower target (just my opinion of course).
I suspect news will come out next week, because by then Cannes will be over. Whether it will be good or bad, I don't know...
I do, but I'm not going to use it - cause I'm pretty sure it's going to go up one of these days... maybe a week from now.. probably a month or 2 from now...
wow.. I didn't invest that heavily in these small caps.. each tick is about 50 for me... ;) I just wanted to see what it was like.. so far I've learned that I'm not really good at this - so I'll stick to mostly traditional stocks once I get out of IPRE... (when it goes to a certain level that I like).