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Do you mind if I ask what stocks you're invested in? With all the research you come up with, I'm sure your pics are pretty decent.
What do you think about QBID? I just got into it at .005
What a day for CMGI!! I wonder if there's more to come or are we somewhere near the ceiling?
This is from Putnam's website. They're out there. As much as you know, you'd think you've heard of something like this.
OTC & Emerging Growth Fund
The fund targets small and midsize companies believed to have exceptionally strong growth potential. Its portfolio may include stocks that are traded in the over-the-counter market (OTC) and stocks of emerging-growth companies listed on securities exchanges. The fund's focus on rapidly growing small and midsize companies makes it Putnam's most aggressive growth product.
All I did was let them know about Cetek. If they bite, great, if not, then at least I tried. I don't know if they will be interested or not. I figured, what the heck, it can't hurt.
I'm just trying to be proactive.
The fund is Putnam New Opportunities which deal with small to mid cap companies.
They have some big ones like microsoft and phizer, but they also look to buy companies that they believe have potential which are not yet well known. They do their homework. Overall, I'm pleased with the fund. I wish I would have sold it in the late 90's. It was over $114. After the market crash, it went down to about 30 and now is hovering around 40.
I think it depends on the fund's strategy. The one I invest in is an agressive growth fund and it targets small businesses. Cetek could very well catch their interest.
You never know, I thought it was worth a shot. If not, at least I tried.
I don't think they're past putting in $50K since the fund is worth a few billion.
We shall wait and see. If they do bite, it will be on their prospectus. Maybe in a few quarters, maybe never.
Cetek has been dragging bottom for a few months now. One thing is for sure, unless this company goes out of business or some scandal is exposed, this stock will go up eventually. It is just a matter of time.
I emailed my mutual fund company about cetek and told them to look into it for possibly adding it to some of their funds. If anyone can do thorough research, it is an investment team from a major fund company.
If they actually find that Cetek is worth investing in, that could spark a huge interest in the stock and drive the PPS up considerably. A major fund company could buy 100 million shares easily at this price. If cetek gets back into a high volume range, that would put it in the news and spark more interest. That should in turn prompt more buyers.
I got a response from them and they said that they will look into it as they are always looking at up and coming companies. It is an aggressive growth fund so they will certainly be interested.
I'm almost certain that cetek will do very well next year. I hope we hear some good news by January.
I am making a killing on WLSF and that stock is only at the beginning of it's potential. I wish I would have known about this stock when it was at a nickel. I'd be rich by now. However, I think it will just keep going up for a year or so. I urge you guys to look into it before you miss the boat. Do your own research, by all means. I hope to see you make a nice profit on your investments.
Don't worry about the O/S, it's nothing. If you are a day trader, you would want a small # of OS. But this one is a keeper long term even though you can still day trade it. If you want a good stock to day trade, look at ADSX. It has 50 cent swings. I sold out short on it to buy wellstone, which I don't regret doing. I held on to it for 2 years, went through a reverse split, and finally sold it because it wasn't moving. The day I sold, it went up $2. Go figure. But I still made out better with buying the wellstone because I got it at 70something. So I doubled my $ on the WLSF when I would have only got a small percentage on the ADSX. If I had 10 grand lying around, I'd try to day trade that stock. Unfortunately, I only have enough to make very selective pics and hope for the big one. Once I make a few hundred grand, then I'll start day trading. I think that wellstone will get me there even though I only own 7K shares right now.
Back to the O/S, look at MO, it has over 2Bil O/S.
LU almost 4B
Intc almost 4B
Believe me, Wellstone doesn't have enough O/S if you ask me. I think they need to do one more split 2 for 1 and then they will be at a good number of O/S.
When they had 80Mil O/S, the stock wasn't moving because no one was willing to sell it. That's why they did the split. Once the word about wellstone gets out, they will need to split again, trust me.
OH, get this... I emailed Putnam who I have a mutual fund with and told them about wellstone and another stock I like, CTKH.
I said I'd like to see those stocks in the fund if their investment team thought they would be worth it. They emailed me back and actually said that they would look into it. I thought that was great news. If a major fund starts buying up wellstone, look out!! To the moon, Alice!!
I'm going to email Vanguard and do the same for my other funds.
275M sounds about right.
Mr. G, I really would like to see you back in here at a good price even though I think the stock is at a good price right now.
If I get another grand, I'll buy some more myself.
I'll accept a price drop only for you, but after that, it needs to go back up. Maybe you can call up wellstone and convince them to sell you some shares at a reduced price. After all, you are Mr. Geronimo!! I'm sure they'll understand.
They don't have that many O/S. They're all tightly held. If they had over a billion I'd worry. I think they have something like 240 mil. I could be wrong. Do you know the correct #?
They were already on the Berlin market a few months ago and it spiked the stock up to $5 in one day and then back down again 2 weeks later. They filed to have the stock removed, I don't think it will happen again.
I'd be willing to bet that if this stock hovers around $2 for a few weeks, it will split again. Probably 2 for 1 next time.
Think about it, once they start production sales, they will want to trade on a major market and will need some more O/S for the high volume they will have.
You are doing fine with the number of shares you have. Look at it this way, if you didn't have any shares, you wouldn't make any profit at all. To gain one dollar is better than losing ten or not gaining anything at all.
You know, when I first got into this stock, it was at .004 and was trading at about 300M shares a day. Now it's only trading around 15M a day and the PPS is one fourth of what it was.
Does anyone know what the big volume was all about last year and why it's so low now?
There's another stock that someone mentioned on another board called QBID. I looked into it and I really like what I saw. It traded at almost one billion shares yesterday! I'm waiting to see if it drops down, I don't want to get in at the wrong time like I did with Cetek.
I think you're right. This company should get the award for best managed business.
I'm telling you that I can see $5 again real soon. In which case, I will sell some off to break even and the rest are "free" stocks.
This is just the beginning! I can't wait until the end of their first year of production. And I also can't wait until they start trading on a major market.
Can you say $20/share? Say it with me, $20/share. That sounds real nice.
I looked at Qbid, and I put in an order for .005 but it never went through. I like it. It looks like I'm a little late on it. I'm going to wait to see if it ever goes back down again.
We'll see. Personally, I don't think it will drop below a dollar again. Maybe we might see 95 in the next week or two, but that's going to be the bottom IMO.
It's gaining momentum and might start snowballing now.
What did you get out at? I'm sure you made a nice profit.
I won't sell one share before 5 which we're almost guaranteed to see in the near future.
Mr. G,
I hope you can get back in at a decent price. The recent news looks like it will keep the stock above $1.
Well,
My "source" has been saying wait until after Christmas for some good news. So I will wait and see what comes out, if anything at all. I hope he's right.
Right now, the only choice I see is to hold. The potential for a breakout is too prevelant to get out and the news is too shaky to convince me to buy more.
I only wish that I had waited until this time to start buying. I'm averaged at .0019.
You've got too much time on your hands :o)
At first, I was thinking that Hand can't leave, he's doing a great job. Then I read the quote from Jeff Spicoli and started laughing.
You're crazy!! I needed some humor today.
Thanks
Hi,
I've got a few hundred shares at 2.50. Right after I bought them, it went down to 1.20 or something and hasn't been back up yet.
I've been paying attention to the company and it seems like they're making all the right moves. They will have to re gain the faith of investors if it will ever get back to what it was. I doubt we'll ever see 160 again, but 10 might be nice.
I think you are 100% right in that statement. I wouldn't doubt that if one day we see this stock shoot to 5 or 10.
It happened before and can happen again.
There are still a few things to consider about this stock.
1. It is still a penny stock and trading on the OTCBB.
If and when it gets on the NASDAQ, it will shoot up like crazy
2. They are not a profitable company and are still trading at around 1 dollar! When they start selling cigarettes, they will have something to brag about and the stock will shoot up like crazy.
I'm not anticipating any ceiling because it's impossible to tell with this one. It could be anywhere from 2-120 as far as I can tell.
Hey,
How did you get the animation of the Juggernaut? Do you know where I could get one for the Hulk?
Good luck.
I'd do the same if I could sit by my computer all day. With my luck, it wouldn't work in my favor so I'll just hold.
Market just opened and already up .15!! Let's hope it soars into new highs today.
This is going to be a great show.
Hey guys,
Check out the news on WLSF. It might be worth your time
IMHO.
Just info, not a push for you to buy anything.
Spock,
Is that a picture of you or your girlfriend?? I'm in love :o)
Wow,
I didn't know that there are really people who are paid to bash a stock. Where can I get a job like that? I'd be really good at it.
Cetek SUCKS!! Sell everything before you lose all your money!! How's that? LOL!!
Seriously, thanks for the info. I'm a little naieve in a way because I give people the benefit of the doubt until they prove me otherwise.
Good luck,
IL Padrino.
Come on guys. I'm looking at all the conspiracy theories about Due Dillinger and it's a little far fetched. Do you guys have any proof that this kind of thing happens? Or are paid bashers an urband legend?
If he really wanted to fool people, he wouldn't have admitted that he doesn't own shares.
I'm not saying that it can't be true, but how can that kind of thing really affect the PPS when there are millions of shares being traded?
Take everything at face value and make your own decisions. He brings some interesting points to consider.
As for me, I'm sticking with this stock because the potential is enormous regardless of the weird management.
I don't know what his motives are and it does seem strange that he would post on a board that he doesn't own stock on. But maybe it's because he was considering buying the stock and decided against it because of what he found and wanted to inform us of what he found.
Who the heck knows who's on the other end of the keyboard? That's why in life, you have to be your own person.
Romans 14:5 One man esteemeth one day above another: another esteemeth every day alike. Let every man be fully PERSUADED in his own mind.
Happy trading!!
At this price, a few cents difference won't really matter in the long run. I got some at 73 and 69 yesterday. Unless you're buying 10K shares at a time, a 4 or 5 cent difference won't affect you much. And if you can afford 10K shares at a time, you won't care about 4 or 5 cents :o)
This stock is definately going to rise sharply within the year. You'll be glad you got any no matter what price you pay for it.
Once it hits $5, I'm going to sell some off to get my money back and then the stocks I own after that are "free".
If they start selling to a world wide market, we're going to all buy new houses!!
I am willing to bet that within a few weeks, we're going to hear about them getting approval to sell in the Asian markets.
Anyone care to wager a pack of smokes on that one? :o)
I just took a loss on adsx and used it to buy more wellstone. I like adsx, but I just got into it at the wrong time. I bought a bunch before they did a RS and then I was way down. It is has made a great move in the past few weeks and I think I'll try to play it. It has 50 cent swings daily. It's a great day trading stock. I was just holding on to it figuring I'd get my money back, but I don't think that's going to happen any time soon.
I think Wellstone is the much better prospect.
Boy I hope so. If that happens, 1K shares would really put you in a good position.
I'm going to buy as much as I can. This is the stock of the future!!
Could you imagine how this stock will take off in a year? I can see it now. WLSF...40.5!!
Hi,
Where did you get that information? If that's true, it's not good news. I haven't seen anything about them filing that request. Do you have a news article or something we can see?
I use etrade. They've been really good and they're a little more expensive, but I think it's worth it.
I think you have the right idea. I'm almost positive that 5K shares will put you in a nice position in a year or two. The news that keeps coming out is great! Now, they're going to sell cigarettes in SA. Once we go to Asia, it's all over and we can sit back and watch the stock rise year after year.
I own about 5K shares myself, but I do believe that the stock will rise and split a few more times in the next couple of years.
The packaging is great. A very nice, sophisticated, clean, classic look. That, along with good advertising and marketing could very well propell this company into a major tobacco player. I don't think we have to worry about the business practices of old where the big boys would bully the little guys out of business. Especially with the worldwide markets today.
I think we're holding onto a real gem. This stock could very well buy my house for me in a few years. I would love to be able to plop $200K down for a house, cash.
I don't see anything but good things for this stock. It's a bargain right now. It might go down 10 cents or so, but I wouldn't worry about that. It's a great buy and is worth much more that it's at.
Just saw the news that Lu will get almost $900M in back tax refunds. WOW!! I wish I had a refund like that.
This should double LU's income for the year and really affect the PPS.
If this doesn't catapult the stock into new highs, then I don't know what will.
Let's hope so. What I don't understand is with the millions of dollars awarded in contracts and all the positive news coming out, why this stock doesn't move? It has been dragging bottom for 2 years now. I am getting really frustrated with it.
Interesting article. I think that Wellstone definately fits the bill. Can we all hold on to this stock for over 10 years? That was the time frame those other stocks took to blossom.
I'm buying more shares as soon as I get a chance. You can't beat the price. It's a bargain and will definately be over 1 soon.
This one is going to take some time. You should just forget about this stock for a while. Don't sell it, you'll miss the jackpot.
If I were you, I wouldn't settle for less than $10, but I'm looking for something more like $40. I think that's very feasable if you give it enough time. Let's hope that it just doesn't take too long.
I have to say that I am very excited about what they reported. Up 100% from last year and increasing production, online sales, looking at aquiring another facility.
All great news.
Now, the question is, how long until we see a detailed report? I hope that things keep going this way because we can see a real share price soon!
I especially like the last quote of the report about investors.
I hope it's for real.
Smoking,
Now I understand...Big difference from Italy and Ill!!
I'm actually from NY, but I'm in the military so I live in Italy. I'm leaving next year though and moving back to America.
Il Padrino is Italian for The Godfather.
I actually hope you're right about Wellstone, but I have a feeling that it will be a long time before we see some real gains...if you consider 2 years a long time.
Good luck,
Padrino
Hey Smoker guy,
I live in Italy. Why do you ask?
Well, I actually do agree with you that this stock could hit $40. I even think it could go into the hundreds depending on how big they expand the company. If you look, there are some cigarette companies with the stock price at $120.
I'm just not sure where to sell at or how long it will take to get there.
This could be the new MO...
But, I do think you're a little optimistic about the timeframe. Wellstone hasn't made a dime in 6 years. They probably have a lot of debts they will have to pay off before they can start taking serious profits. So their profits for the first year will have to go to paying those off.
I love the managment of Wellstone and I think that Hand is a great business man. He seems to be making all the right moves.
I predict that this stock will be steadily moving up and won't reach its full potential for a few years.
JMHO.
It's really hard to say with this one. It all depends on how much publicity this stock gets from now until then. I have a feeling that we won't see any real growth until after the first quarter of sales. Even then, it might take a year or two before the company makes some real gains.
However, if it's a hit immediately, I'd say we have about 3-6 mos.
If not, we will see a slow steady gain over a few years.
What makes you think we only have 3 months left? I'm not criticizing, I just want to know your opinion. Actually, I hope you're right. I could use some money soon. Do you have an estimated sell price you're looking at?
I personally feel this stock can go well over $20 in the long term.