Well, I only own 5 mil shares at 0002, so I am not even close to being worried what these guys plan to do. I have only had bad luck with forward splits, not reverse. CMSI is a prime example, as ever since that stock did the 10 for 1 forward split, its tanked hard core, and took all its shareholders with it. What a disaster that was. I cannot imagine that I would take that same kind of beating, should VTPI do a R/S, especially at the price most of us are in at.

therealliontamer, yup, you are exactly right. Way way too many one day rallies as of late, and not very many sustained reversals. Its like all the reversals I have seen are fake. Except on my big boards. They have all stuck well when they reversed. Its the dawgone penny arena that keeps head faking. Guess thats why it is a whole different world over on the dark side, the penny world.
Have a great weekend.

Oh Im not going to. I will filter out half of my shares slowly when the time is right, and I will hold the rest all the way up to, or past .02
All in all its been a dandy day, and a great week for my PRGN and BTN stocks as well. Time to have some fun this weekend.

I think the shareholders are not of their primary concern. They have a business to run, and a business to promote, and they are doing a pretty darn good job. This company is a different kind of penny stock, and has a real TV exposure, real advertisements, real people, and a real product, as we have all seen. Their job is to get the job done, and not worry about shareholders who try to day trade and flip this stock, and who have lost money. No, I believe we are their secondary concern, which is right where it should be. 1st priority is to build, and promote their company.

This is very very nice.. Long as this hammer for July finishes clear, as opposed to red or black.

No, Im not screaming it.. What I am saying, is look at the chart. It is a beautiful site :)

well, I doubled down in the 4s, so I am quite green now. Soon as I make my certain set amount, I too will start dishing out shares :)

That is most certainly worth the wait. Ive had to wait 6 months sometimes alot longer, but definitely right... With me its always worth the wait.

Yup, I agree with ya. Few bumps in the road, and we are on our way to some bags of gold. I am already up nicely, but no plans to sell just yet, actually not for awhile anyways.
Have a great weekend mastertrader!

Where are all the Arts bashers now? This is one pretty chart

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No worries here. Looking forward to it, whenever it comes.

ELCR continues its uptrend again today

Why 0 volume today ? Did they halt the stock from trading or something LOLOL

The problem is, most of the people here are teenagers or young kids,and what comes with age, comes 0 patience. You can always tell the young ones.

You will look really bad. All the crap you have been spouting off if false, and everybody knows it. Just going to make you look really bad

I guess you have bad eye sight too ? Wow, that must be awful

If thats the case, move on to another stock, and quit complaining. But if you read todays PR, they are going to have multiple spokespeople down the road, not just one range of music spokesperson.

When you are making incredible money, $20 to make $5000, or $20 to make $2500 (BTN is great example) it really does not bother me at all. I dont pay $20 however. I get a special rate with etrade

You obviously cannot read the charts whatsoever. The stock is in a new uptrend. That means higher lows, and higher highs. Are you that naive ?

I dont watch the outstanding shares, I watch the charts, and the technical indicators. And this stock is in a new uptrend. Higher lows, and higher highs. Outstanding shares means nothing to me.
My only concern regarding fundamentals on a penny stock company, is that R/S you keep speaking about, and its NEVER going to happen here with this company.

New ENTI news http://finance.yahoo.com/news/ENTIs-MusicMatrix-Announces-iw-409615912.html?x=0&.v=1

I had a question posed to me at stockhideout. Why is CSTI, a London MM bidding on ENTI (0018)

Well, we are not up to the 8.50ish yet, but I can tell you, that I am sure you are as happy as I am. Staying above $8 and those cheapie shares I got down near $7 have turned to gold about now. Still holding for $10-$12 area, and maybe even $14s which is what Nancy Zambell believes we will be at before the fall.

Is it not time for you to go to water world or the library or something? Really now, its pretty obviously that #1 you cannot read a chart, and therefore do not understand support and resistance levels. And I am so sorry you have spent all of your allowance for the week, so you have no money for trading with. So right about now, that water park or library is looking pretty good for you. Run along now.

Welcome :) But ya, he is already trying to dance around the fact of the matter. Thats ok, because it truly does make him look foolish. Who knows, maybe he is some kind of wannabe comedian? It is "sort of" amusing though.

Dont change the subject. What are you going to say when there is NO R/S ??????? You have 0 facts

The only thing wrong with your statement, is that you clearly have no concept of what you are talking about, or what you are saying.
Reason being, there is NO reverse split taking place now, or ever. Call the company and find out for yourself, but dont act like you know something, when you clearly do not know anything about this company. You are going to look like a total fool once your theory is stopped out, which will be extremely soon.

You have to pay commissions no matter what you do, period. Thats just the way it is, and its the cost of doing business. The fact of the matter is, I make 20x more money than the total costs of what I pay in commission. That said, the thing is, you can get commissions I think for as low as $3.99 each trade? The problem with those companies, is that you have to #1 either call them to place your order, or #2 charge extra for amounts of shares over 1000. Its ridiculous. Over the years Ive tried them all, and I always end back up at Etrade. They have never failed me.

Amazing!!!!! Im loving it!!!

Yes, you are right. We do agree on some things for sure. And I am glad that you play the technicals too. And again, you are right when you give the definition of investing. I fully agree with you.
Not everybody is going agree on everything. Thats just the way it is in the market. But tech analyst is tech analyst. When I see gigantic support, and I can get in at it, or near, I take my chances. I like my chances. Not to say its always going to pan out, but for the most part, it does work out.
Personally, I do not like IDOI as a company.. and I do not actually like it as a day trading stock. But when I saw this support, and how huge it was, I went ahead and jumped in. Ive nailed this stock 3 times now for profit, and who knows, maybe this time I wont, maybe I will. The main thing is, to have alot more winners than losers, and I am pretty good at doing that :) I still like my big board stocks to change it up abit as well, especially with the horrible volume thats been going on in the otc and pinks.
So cheers to you back, and good luck as well

pocket_change, I like to mix it up. I do the smaller big board stocks $10 and under, along with penny stocks. It makes it alot more interesting. The tough thing with day trading/flipping, is when volume dries up, such has been the case for the OTC and Pinks, it makes it very difficult to flip. Thats why several years ago I decided to mix it up, and also do some investing, meaning playing the big boards such as BTN, which I still hold. That stock though low volume, is fundamentally sound, and has made me a boat load of cash. But an example of that is that I bought it at support. I am not day trading or flipping this stock, and will not unload it until the $12-$14 range.
So ya, I love the day trading, but when volume has been pathetic, its nice to have the big boards to tidy you over until the volume returns to the otc/pinks...

Very nice Sexy!!! That is smokin fast.....

The post was mainly to the people who think its a scam, not directly at you. My apologies for replying it to you.
As for the spokesperson, and this is only a guess. But possibly during the conference call tomorrow morning. Keep in mind, it is just a guess.

Ive got nothing but time and money at my age.

You can also make money with sub pennies, and penny stocks, if you learn how to read a chart, and learn support levels, and resistance levels. Play penny stocks on technicals, not fundamentals. And remove 3 words from your day trading vocabulary, hope, wish, and pray. Once you remove those 3 words, you are already doing 99% better than most. Learn to read a chart, and you are already way ahead of the pack.

One more thing, I guess the major label they signed with is involved with this so called scam also. I pity the major record label who decided to get involved with this so called scam LOL....
Please, if you dont like the company, or the stock, move on.

http://finance.yahoo.com/news/ENTIs-MusicMatrixcom-Signs-iw-2462210377.html?x=0&.v=1

If its a scam, then I guess lady ga ga, or whomever the spokesperson is going to be, will be involved in this scam also. I am just curious why a big named spokesperson, that they will be naming, would want to risk their reputation by being involved in a scam? Maybe you can answer that for me. Personally, I dont buy it. And if you think it is a scam, you should really sell your shares if you have not done so already, and move on to your next stock.

Got to hand it to you HoustonTrader, you are very right. Though with penny stocks, I do not look at fundamentals most 99% of the time when trading penny stocks, but rather technicals. With that said, I did not just throw 5 grand into Encounter Technologies based on technicals, but did so based on "The Company". It is the only stock I have purchased in the penny arena, that I based my buy mainly on fundamentals. HOWEVER, with ANY penny stock, people should really understand how to read a chart, and buy ONLY at or near support. The problem is most people do NOT know how to read a chart,and therefore end up buying on emotion, and up near resistance, and then proceed to watch their money evaporate.
With that said, the stock is at support right now at 0022, and I feel this is a good entry point. Can stock fall thru support? Absolutely, but when buying on technicals, you must buy at support, and not near resistance. And for me, this company is for real. With a real product, and with real potential, which I why I buy at support or near support anytime I can. It will eventually pay off big down the road

now at 8.01

Man are we ever moving now... 7.93