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Share structure: OS = approximately 35 million
Float = approximately 10 million
IGAI, Excellent setup with minimal downside. We need to close above the SMA10 and evaluate from there. I like it!
IGAI ~ Repeat Performance??
A close above the SMA10 would be a nice indication of a bottom reversal.
Looks like the giant is awakening... Can it pop even half the way it did a While back? If it close above the 10SMA we may have some fun!
Hot Damn! Double Botttom coming in.
Time to load up. She had to come down and re-test the low once again before making the final reversal. Stop scratching your heads and get in while it's cheap!
Same Promoter Called PWAC, IVHN and KGBC! Definately the "Kiss of Death"
Sounds great to me!!
I am familiar with the innovation. I will not pretent to know all the details, but it is clear to see that the non-invasive monitoring of glocose levels is a potential gold mine innovation.
As a trader, my trades are based on a different time frame than an investor's, but I assure we are both here for the same reason and that is to see our investment appreciate.
Just got out of Genta Phamacutical (GNTA)
Yeap, and I also know that September is a critical month in the year when dealing with military appropriations. One of my trading buddies did all the DD while I am responsible for T/A.
She said all we need is a foot in the door with the military and SONT will be a long term monster stock.
Okay, me and my buddies bought some more SONT. The chart is really shaping up great.
Sorry for the situation your in and thanks for the quick DD on SONT. Lets see where it goes...
Thomas Ko says IMAX tomorrow
Link to article below, just above the chart.
http://articles.moneycentral.msn.com/Investing/StrategyLab/Rnd14/P2/CNBCChampJournal20060913.aspx
* AMEX stock under $1.00
* Common stock, $0.01 par value, authorized 60,000,000 shares, issued and outstanding 2,714,190 shares at June 30, 2006 and 2,226,183 shares at December 31, 2005
* Chart has touched down on dead bottom and has all the characteristics of a security preparing for a major bounce.
* Stocks often take a dice after a reverse split and many time produce a substantial bounce once the sellers have made an exit.
* All this puppy needs is some volume. Must say that the volume yesterday faked me out a bit, while today's volume was dismal.
* Today's Hollow Red candle is a very strong reversal indicator.
- Here is a question for you... Do you have any ideas where the volume came from yesterday towards the close? Could it be the company buying shares in an attempt to maintai the $1.00 minimum pps?
Whachu talking about Willis?
SONT Reverse already took place... 8-11-2006
SONT reverse split bounce underway...
Current Capital Change:
shs decreased by 1 for 10 split
Ex-Date:
Record Date:
Pay Date: 2006-08-11
* AMEX stock under a dollar
* Insider buying
* Issued and outstanding 2,714,190 shares at June 30
* No noise, below the radar and ready to launch
SONT reverse split bounce underway...
Current Capital Change:
shs decreased by 1 for 10 split
Ex-Date:
Record Date:
Pay Date: 2006-08-11
* AMEX stock under a dollar
* Insider buying
* Issued and outstanding 2,714,190 shares at June 30
* No noise, below the radar and ready to launch
* AMEX stock under a dollar
* Insider buying
* Issued and outstanding 2,714,190 shares at June 30
* No noise, below the radar and ready to launch
SONT off the bottom...
* AMEX stock under a dollar
* Insider buying
* Issued and outstanding 2,714,190 shares at June 30
* No noise, below the radar and ready to launch
TTGOP,
Tomorrow your hard work will start to pay off.
SONT is off to the races.
SONT Chart
Im looking for SONT to come off bottom this week.
Looks like Hugo, CEO of Fuego Entertainment saw the tremendous discount in the share price and bought some more for himself. I like that!
50,000 shares @ .15 was too hard to resist!
Form 4 filed 8/31/2006.
Squeegee
Weebles wobble but they don't fall down...
When the company shows value to the investing public everything will be fine. If it is being shorted, so be it... a good company is a shorters worst nightmare and Hugo just needs to deliver. In the meantime it is a buying opportunity for me.
Hasher, there are no shares being dumped....
There were around 14 trades yesterday and I am familiar with the people who made more than half, buys. The fact of the matter is that the orders were made at a particular price and in all cases they were filled below the ask, and below the limit order. Then the trade was painted as a sale and the ask was dropped. Plain and simple manipulation.
I think we are on different pages in terms of using a limit orders and thier potential to "drop the ask." The more popular retail brokers only accept "Limit" orders on FUGO as well as all other OTCBBs and Pinks. Have you never seen an order filled between the spread? We are just going to have to agree to disagree...
Yeah Roger, I know what happened... All screwed up! This other guy posted as if that was business as usual to see the price drop when you hit the ask...
Gonna wait till they decide where stop this pony ride and I will be buying.
No, not familiar.
Just another POS pinky in my book.
Huh??
"Buys at the ask walk the price down."
Pick removed from thestockster.com. lol
He must have actually sold restricted shares!!!!
kingofpennies2k4: CEO just called stockster and asked him why he sold hes shares ? Beacuse the Ceo tricked him and gave him restricted shares .. Now this Stockster has to cover before he gets squeezed!!!!
Amazing, stock manipulation by Brokerages and MMs at its best!!
Will be short lived! Buying Opportunity!
All the sudden... a price per share of .95 on an OS of 32 million seems a little bit low...
Hasher, Midas and all the rest. If you had done a little due diligence and actually looked into the company, rather than acting like clowns, it would have been obvious that the low priced entry points that were available to you might not last long. Fuego is a real company and they will prove that point in terms of ROI in very short order.
Happy Trading,
Squeegee
Fuego Entertainment Issues Letter of Intent to Acquire 14 Television Stations and Delays the Launching of the Television Station in Puerto Rico
PR Newswire - August 25, 2006 07:31
MIAMI, August 25, 2006 /PRNewswire-FirstCall via COMTEX/ -- Fuego Entertainment, Inc. (OTC Bulletin Board: FUGO) today announced that it has issued a letter of intent to acquire 14 television stations for a total consideration of $11 million in cash and stock, including the assumption of liabilities. As part of its commitment to acquire these assets, Fuego will place 1 million shares of the Company's Rule 144 common stock in third-party escrow. The transaction is subject to a 60-day due diligence period and approval by the FCC.
Additionally, Fuego has announced that management has decided to postpone the launch of the television station in Puerto Rico for a few weeks. Delaying the launch of this station allows the Company to restructure its format for a Spanish language network rather than a single station.
"With the proposed acquisition of the 14 TV stations, Fuego is positioned to become one of the largest television broadcasters of Spanish-speaking media," said Hugo Cancio, CEO. "We will need to tailor each station to meet its market demographics and lay a plan that accomplishes the goal of leading Fuego to becoming a strong media player with further station acquisitions."
"Management's decision to get into station ownership will provide an immediate operating base to develop," stated Felix Danciu, board member. "It is important that the Company realize its vision through organic growth, internal development, and making value-added acquisitions that expand its markets."
The 14 antennas are located in Alabama, Illinois, Iowa, North Carolina, Florida, Kentucky, Tennessee, Georgia, and Louisiana. The transaction will be treated as an asset acquisition.
Fuego Entertainment is primarily engaged in directing, producing, marketing, and distributing entertainment products, including feature and short films, documentaries, television shows, music, and tour productions.
This press release contains statements, which may constitute forward- looking statements within the meaning of the Securities Act of 1933 and the Securities Exchange Act of 1934, as amended by the Private Securities Litigation Reform Act of 1995. Those statements include statements regarding the intent, belief or current expectations of Fuego Entertainment, Inc., members of their management, and assumptions on which such statements are based. Prospective investors are cautioned that any such forward-looking statements are not guarantees of future performance and involve risks and uncertainties, and that actual results may differ materially from those contemplated by such forward-looking statements.
SOURCE Fuego Entertainment, Inc.
Dan York, Investor Relations of Fuego Entertainment, Inc., +1-214-675-2531,
ir@fuegoentertainment.net
I'd be hiding under a rock about now if I was a basher. lol
Where are the negative comments... waiting till it takes a little breather? lol
1.04 x 1.05
LOL, all the way to the bank! Clowns, did you ever pull off that short position yall have been promising?
Well, would you like to work with me and start putting together some criteia for picks? If so, we can split duties on the DD and charting. I'm not to shabby at charting if you are good at DD.
Squeegee
Annotated up the FLIP chart for ya... see link below.
http://stockcharts.com/h-sc/ui?s=FLIP&p=D&yr=0&mn=9&dy=0&id=p15848443114&a=8...
Miratu, well spoken.