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 last 8 trading days ...
show technically it's strenghtening here (All before the change in Co name which could be a sign for bigger things to come). I am using RSI/ROC/ and Slow Stock with BBand guides. Also the stock dilution is the way they are paying for all this good news, which for sure did not come for free. I understand the reluctance of value at a 10M MC but if this product has as such potential to contract out to the larger firms then that alone makes this a wild card and we know how that can turn out in Pk land, It always goes opposite to the way you think. I'd hold on for atleast a little while to see what PR's are coming out next! And for sure until the TA changes direction! This may be the suprise in your portfolio, hopefully an early christmas present!
Not sure what you are getting at .....I am totally confused by your post!
That is such BS crap. Bad enough they kill the stock holder with this Shorting but to restrict the buying because ...ooopps they are losing their butts. Someone needs to be put against a wall and shot! Where is the SEC when you need them ..oohh wait they are in on it.
Then again I could be all wrong!
Sorry, I don't say good morning to anyone because here in the far east it is actually night time! I only get about three hours of the market so i can spare you guys from my chatter!
Hey wait a minute I am not that fat!!!!!!!
I guess this means we have plenty of time to make positions here. This company is a hold for long investors! This is a good example of patience pays and I believe we will find that out over the next 1-2 years. So lets load up on the sell offs and see this through to a profitable conclusion, JMHO!
Staying focused II:
The price/sales ratio takes the current market capitalization of a company and divides it by the last 12 months trailing revenues. The market capitalization is the current market value of a company, arrived at by multiplying the current share price times the shares outstanding. This is the current price at which the market is valuing the company. For instance, if our example company XYZ Corp. has ten million shares outstanding, priced at $10 a share, then the market capitalization is $100 million.
As with the PEG and the YPEG, the lower the PSR, the better. Ken Fisher, who is most famous for using the PSR to value stocks, looks for companies with PSRs below 1.0 in order to find value stocks that the market might currently be overlooking. This is the most common application of the PSR and is actually a pretty good indicator of value, according to the work that James O'Shaughnessey has done with S&P's CompuStat database.
So using current data and only two hit CD's (or 2M copies sold for all artists in one year) looking one year forward you get the following
Outstanding shares * Share price
-------------------------------- = PSR
Revenues (4 qtrs)
(1.7B * .001) / 20M (min 1 yr revs) = .085
*************************************************************
That puts the share price at about .012
About naked short selling ....
If naked short selling is so hard to prove in the BB/Pk markets and these companies are stuggling as it is, then why doesn't the SEC make a ruling NOT to short sell in these markets at all!
Oh wait that would be too easy for them ...... God forbid someone protects the individual investor instead of the short seller!
Staying focused ....
Earnings Potential
RMD earns approximately $10.00 US on average per cd sold. This is an average of both the North American revenue received from Bungalo Records (exclusively distributed by Universal Music) and The Pickwick Group in European markets.
Management also feels confident that with our vast digital distribution network, we will at least equal the earnings we receive from cd sales with our download and ring-tone revenue. When we look closely at the numbers we can clearly see the potential for major revenue for each album we release through our distribution system. See revenue scenarios below.
Roc Monee "Diamond in the Rough"
IF THEN
CD units sold CD revenue Digital Sales Total revenue
100,000 $1,000,000 $1,000,000 $2,000,000
250,000 $2,500,000 $2,500,000 $5,000,000
500,000(gold sales) $5,000,000 $5,000,000 $10,000,000
1,000,000 $10,000,000 $10,000,000 $20,000,000
Strategic Initiative
With a lower overhead structure than many major labels we don't have to go platinum with every release to see significant profits from our music division. We have successfully executed a plan to release no less than six album projects per fiscal year. Our next release is in the first quarter of 2007 with our artist Big Kuntree. Additional artists are being added to our current roster as we speak and announcements are forthcoming as contracts are completed with each one. In addition, we are in discussions with several other formidable music entities about providing them with one stop global distribution on all platforms. This will significantly increase our inventory which will have a huge impact on our number of releases during the year.
The bashers (This does not include posters with sound concerns on viable news and solid TA) will never get it or they know damn well the game and have no morals. You are in bed with the shorting vultures. You never apologize when you are wrong and make utterly stupid comments. Your intentions suck and totally undermine the purpose of investing in firms to grow companies and our collective investments! The moderators should all have a "basher" clause that removes all posts that prove to only bash without viable data to back up the bashing. You know it and one day will pay for all your negative crap, there is no escape from negative Karma baby!
This goes for all the boards of all the markets!
It's funny:
So far today's candle stick wiped out all of yesterdays doom and gloom action. This correction is the largest in a while. So much for this stock going down the toilet as some bashers would suggest. This could be a great example of shorters getting their butts kicked or how a whole lot of bargain buyers seeing a good thing. Either way it proves this is still a viable concern no mater how we twist the facts! JMHO
I agree. This company keeps suprising us and I am sure it won't stop. What if we could wait that long. Our portfolios would allow us to retire in style .... wouldn't that be nice ......
Actually looking at daily intervals this stock is positive! The RSI has improved steadly for the last few days. The ROC has gone positive today and the SlowStoc still has a lot of upside room. The upper BB band can still be tested and broken through. If you look at the daily interval instead of the hourly (MM can manipulate during the day but harder over a week or month)then this company is looking like a major turn around. Also the high volume before a major uptrend is true enough. This may go sideways till Spring or folks could be catching on that is a very high potential investment in the BB/pk world! Remember what kind of stocks we are comparing this too. Not many have this kind of assets and this kind of division by division potential. Other people looking for bright stars in the BB/pk world will surely see this one as just that!
You are right in the worst case senario but I doubt it will get there. Try a more realistic number along with an assumed positive rev amount from all the acq for the coming year. Then lets see what the share price should be.
This is a constructive approach to see what value this company has going forward, otherwise we are just wasting our time bashing this company!
If your intentions is just to rip this compnay then don't be here but if you have some sober optimism to shed light on a true stock value (estimating year out that is) then I am all ears.
SEC filings!
Did you guys miss it!
"With a lower overhead structure than many major labels we don't have to go platinum with every release to see significant profits from our music division. We have successfully executed a plan to release no less than six album projects per fiscal year."
ROC's DITR is now history. Look out to the next 5 CD's! The continual artist stream is what will warrant the rise in share price and NOT by making this stock a one CD wonder.JMHO
The MM drove me nuts. I bought the last share for .0012. I hate to see all those 9's in my portfolio. I never had to do that before!
Bear had a 15 year run. Damn, you must have fed him well!
Yeh and I took a bite for 1M at .013. Maybe I did wrong but looking long term anyway!
The MM is nuts. I had an order for 1M share and he gave me 999999 shares. Whats with that!
Its funny. It wasn't long ago when the bashers were kicking our collective butts. I am not angry because this news is making me too damn gitty but I remember the poor poster being driven to sell his shares for under 1 penny not too long ago.
The lesson ... when this happens again for ANY company try to look for the silver lining or the half full cup of water or anything that could reasonable give the company value and STOP BASHING COMPANIES!!!!!!!!!!!!!!!
Yeh if this goes as we suspect I want to come over and rap with your horses!
Keep them coming. Lets add it up and we see a market cap in the ... ohhhh... say +17M range on 1.7B OS. So ...... atleast a penny a share! I am starting to really love Rap music!
Is this what you mean:
Stockholders' Equity:
Common Stock, $.001 par value; 200,000,000 shares
authorized; shares issued and outstanding
22,797,501
Preferred A Stock, $.001 par value; 50,000,000 shares
authorized; shares issued and outstanding
20,500,000
Preferred B Stock, $.001 par value; 500,000,000 shares
authorized; shares issued and outstanding
90,162,216
How does the conversion work?
Just Like I said:
****************Correction*************
The Silver Cup Ridge property was located, staked, and acquired independently by company personnel utilizing technology previously announced and described on September 8, 2006. The cost of acquisition, consisting solely of British Columbia claim registration fees, was a total of $254.40.
September 8th
SKIPPACK, PA, Sep 08, 2006 (MARKET WIRE via COMTEX) -- Enterayon, Inc. (PINKSHEETS: ETYN) announced today that it has expanded its business model to include state-of-the-art technology to identify, locate, and acquire new mining prospects
Just Like I said:
The Silver Cup Ridge property was located, staked, and acquired independently by company personnel utilizing technology previously announced and described on September 8, 2006. The cost of acquisition, consisting solely of British Columbia claim registration fees, was a total of $254.40.
September 8th
The Silver Cup Ridge property was located, staked, and acquired independently by company personnel utilizing technology previously announced and described on September 8, 2006. The cost of acquisition, consisting solely of British Columbia claim registration fees, was a total of $254.40.
another one!
SKIPPACK, PA, Sep 26, 2006 (MARKET WIRE via COMTEX) -- Enterayon, Inc. (PINKSHEETS: ETYN) is pleased to announce the acquisition of a 100% undivided interest in the Silver Cup Ridge property in British Columbia, Canada.
Networking to get more artist signed up with RMDG in the future???????????? .......$$$$$$$$$$!
Maybe time to take advantage and by in another position?
Yeh it would be that the ONE stock in my portfolio that I had the least faith in, is the one that corrects the most! No mater how long I invest, the investment god always has a way to fool me. Anyway I hope for all of us and especially those of you that put in serious money in the past few days, that this rally can be maintained. If one of their bread and butter shops (Taco Time) opens that will help. I tell you though I never saw this coming and do apologize if we don't hit the sub pennies!
Yeh, and I bought today at .16. I'm glad it was a small position! In my years I have learned ...... a little!
yup it was at .015 for a few seconds on Ameritrade!
Well we got off ...
the discussion about the "pit". Now on to the jets and soon moving over to Progas (This winter when demand picks up). Can you see the progression happening here. The dam will break and we will be heading to .20-.25!
But then again I may be all wrong!
Old news, we got that one already!
I don't see this going down much below .020. We are rewinding for the next leg up. The news, potential product lines and associations are way too promising! If they get something out by year end then there should be a nice pop in share price!
technicals look great right now. Worth getting in here at .16. Fundimentals are not that bad either ... in fact there pretty good!
Nice jump on no news! I would watch volume.
As CEO emailed me already ... still in the testing mode. I guess they want to get it right (software wise) before storming the apps! No worries, I'm just sitting back and dreaming!
Yeh, like the website! Looks professional. I can feel the money already!
I am cautiously optimistic. I am not going to suffer any illusions that this is a barn burner any time soon. But I am VERY optimistic that in the next two years as long as shares are not diluted that this stock will be very attractive. I keep going back to Market Cap in this industry and any basher arguement just falls away! To be free of such negativity in a stock is rare and I will bath in it until this ship comes in ...and baby it will!