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Well, we'll see how effective it is if and when I get a response. I'm not expecting anything because if there was something to report, they'd have reported it.
I'm just trying to push some buttons right now. The silence is killing all of us and the PPS.
I put another order in for 500K at .001. This is so cheap it's ridiculous. I'm wondering if I'm wasting my $ and will wind up being burned on this stock.
I could use about a million bucks right now. If the PPS goes up to where it should be, I will have that and more. What's keeping it down, sending it down????
Next year will be interesting.
I just emailed Jim stock with these questions, let's see what they say...
Sir,
Will there be any news regarding Cetek’s earnings any time soon? All the investors are concerned about the steadily dropping PPS. We are all going to hold on to our shares because we believe that there is good news on the horizon, but if there is anything solid you can share with us, we’d like to know.
What is the status of the buyback program?
What is the validity of the rumor that Cetek will acquire another company (Digitek?)
What is the status of Ceteks plans on getting off the pink sheets?
These questions are all derived from previous news releases. It seems that Cetek makes these great statements and then does not follow up with them. It seems like lying to me. Can you give me any further information?
Let's hope that Roundmot is as good as he appears to be. For whatever reason Fayiz is holding back info is very interesting. Maybe it is for the better, or maybe he's a complete moron. Only time will tell. One thing is for sure, he knows something big, whether it be good or bad.
Big Don,
I finally saw where I got the $ figure for the profits. It wasn't an official news release like I thought.
Check out posts 1062,1068, and 1083.
Apparently Roundmot came up with that figure.
Thanks,
People like him don't even deserve a response, but I'm in a bad mood today and he really pissed me off so I needed to vent a little bit. If he was a real man, I'd challenge him to a fight, but that's pointless because I know he wouldn't take the challenge.
Let me do some searching and see if I can find those profit numbers.
"Smoke em if you got em"! That's classic! I love it.
And you're an idiot who can't use proper grammar. Try using "to" instead of "too" in the context you're using it for.
CT2M might be from another country, but his english is better than yours, so who's the idiot? Can you speak another language besides moron?
Did you feel good when I said that? No, you didn't like it? What a surprise. Why don't you think of other's feelings before you make stupid comments.
I am not calling you an idiot, I'm just trying to get you to see how your comments can cause other people grief for no reason.
What are you trying to accomplish by insulting someone you don't even know? If you don't like the stock, get out and get off the board.
You're most likely prejudice which means to "pre-judge" someone. Which leads me to believe you're a racist also. I bet if someone from another race cut you off on the road, you'd somehow tie that into his race and call him some derogatory word associated with his race.
By the way, I happen to have a feeling I know who you are and what other name you go by on here. Your unconventional wisdom is hard to hide in your posts.
People like you cause unnecessary hate in this world. Keep your stupid comments to yourself next time or share them with your friends who are just like you and stay in your own moronic little world where you can't appreciate other people's differences.
I will pray for your conviction in this matter and hope you see the error of your ways and learn to love your neighbor as yourself. Why don't you try going to church next sunday and listen to what the pastor has to say. Maybe you can receive the love of God and change your ways and get into heaven rather than burn in hell.
God bless,
Il Padrino
I believe that it was some news release months ago where I saw those figures. My memory is horrible so it even could have been someone on this message board who posted it from another source. I just remember that it was reputable. I had the same question you did about profits could have been only $1 and I came across the millions of dollars somehow.
If the management is as bad as you say it is, we're in trouble.
I talked to my dad and asked him to find out if his friend knows why the stock is dropping and he said he will see him on Tuesday. So if I hear anything, I will post it then.
I agree whole heartedly. Nowadays, everyone is subject to some moronic lawsuit. Can you believe someone wanted to sue Mcdonalds because they were fat? How far is this going?
With the current attack on the tobacco industries, Wellstone is wise to make a statement like that. CYA exactly!! And you know what? I think it will win over customers because of their honesty.
So far, I have seen the Wellstone management team do nothing but make smart moves. There has not been one thing they've done to cause me to question their integrity or abilities to manage a company. If every corporation ran like Wellstone, America would be a better place.
It's going to take some time before they become a major player in the industry. I would speculate 5 years. If you can hold on to your stock that long, I think it will be very rewarding. I'm a patient person and will take the lesson from the tortiuse and the hare. Slow and steady wins the race.
I read somewhere that the profits were in the millions. The news that I see are the increasing profitable quarters, the company's move to take over another company, and their product research and development.
Let's take all this into consideration.
1. Consecutive profitable quarters:
Meaning that Cetek has customers and their products are demanded and are generating new customers. That is a HUGE DEAL!!
2. Actively pursuing a new factory by corporate takeover:
Meaning, Cetek has plans for the future and sees a bright one. They wouldn't be trying this if they didn't have the means or the ability.
3. Product uniqueness:
Meaning, once there is an increased demand for their product, they will be the only suppliers worldwide!!
Why the heck the share price is going down, I don't know. I just see more shares for me at a cheaper price. I started buying at .004 and have consistently bought more shares as it heads down.
The theories about rewarding long term investors is interesting. I don't know how true that is, if it is true, good for Fayiz. I for one will not sell at this price, it would be ludicrous.
Either Fayiz is a complete weirdo or a genius and has something big planned.
What if this stock jumps to what it's really worth? Then everyone who owns it would get out immediately and take some huge profits.
Would that cause a problem for the company... If everyone sold out and all these outstanding shares were left out there with no buyers? Maybe Fayiz is looking at that as a possibility and that's why he doesn't want to get off the pinks.
All we can do at this point is speculate. Who the heck knows what's going on besides Fayiz, his crew and the fly in his office.
I don't think this is a sinking ship at all. Stock prices go up and down for whatever reason. I'll keep buying while I have the means. I only wish I would have waited to buy but who can predict stock prices? I thought it was a bargain at .004 and I think it's a steal at .001. I'm going to scrape up some $ to put into it, not caring if it goes lower. Just buy more.
Question: Is Cetek going to go out of business?
If the answer you come up with is no, the only option is to buy more stocks.
Even if the PPS goes up to .003, you just tripled your $.
Fayiz has publically stated several times, on record, that there wont be a RS. He will be held legally accountable if he changes his mind. I think he knows that and the fact that he could go to jail for lying and misleading investors is enough for me to believe that. I still don't trust him, but hey, I'll take my chances.
He's probably just a terrible business man. Think about it, how many people are in VIP positions that don't belong there? How did he get his position? Inheritance or hard work?
What the heck is an MM and why would you think I was one?
PW,
The answer is no, we cannot trust him. You can't trust anyone when major $ is at stake. He may not be lying when he says no R/S, but that doesn't mean he won't get pressured to do it some time in the future.
However, I'm willing to bet that there won't be a R/S because they won't need one.
They have been making considerable profits and it's just going to take publicity to make this stock jump.
I'm going to go out on a limb and say that the reason the stock is getting lower is due to inside activity. Who in their right mind would sell a stock at this price? It's better just to hold on to it and see what happens. If you sell now, you only lose. I think they are purpously lowering the price so they can buy more at rock bottom and make huge profits.
It will be interesting to see what happens next year. Don't look for any significant change in this stock until Jan. I bet we see over a nickel then. Although, I've been told to look for something like .40. I'll believe it when I see it.
Spread the word on CTKH. If hundreds more people buy millions of shares, we have a great opportunity to push this stock up.
Although it's been in the 500M volume range a few times I still don't think this company is well known. At this price, that kind of volume can be created with just a few thousand people. That's not much when you think about it.
I've been trying to get my friends to buy, but they're not serious investors. Even if I could get a few to buy 100K shares and hold on to them, that's something. But all of them are so clueless when it comes to investing. They think $1K is a lot to risk. Then I point out that they will spend $300 a weekend on drinking. At least I have a chance of some return with my investment besides a rotten liver and a fat gut.
For me, the only option I see here is to buy. The news is just too good to pass this opportunity up. I feel like I deserve a break for once in my life and I think this is it. I can feel the opportunity of great things coming from this stock. I believe we will all be millionaires within 2 years from this stock if we hold on to it.
Look to the future!
Il Padrino
The share price adjusted back today and I am back to where I started, with WLSF as far as $ goes. However, the potential to triple is there since I now have triple the shares. It's true what they say, it takes money to make money. I can't buy enough shares to make me rich, just maybe pay a bill or two here and there.
CTKH is the one that will make me rich.
OK, my shares finally adjusted to the new price. I got excited when I saw that didn't happen yesterday. However, I expect to see it back up to over a buck soon. Either way, it should triple our investment. I saw that a few years ago this stock was at .05. Could you imagaine if we got in at that price? If I would have heard about this stock then, I would have for sure held on to it. I could have gotten 1/2 million shares at that price. Oh well, hopefully my other penny stock will erupt also. I'm expecting great things from that one.
WLSF has gone steadily up since its inception. There's no limit in sight to the potential.
I think it's funny how we're capatilizing on people's addictions. I don't even smoke, but I'm going to try one just to see how it is.
I think that long term, this stock goes way way up. I'm expecting somewhere in the $40 range, but that's far into the future, maybe 5 years or so. If their product catches on, this will be THE cigarette company to own.
Check out CTKH. I wish I would have waited to get into it, but now's a great time to buy.
Hey CT2M,
I just picked up 1/2 mil ctkh yesterday and I'm going to buy more today. It's spiraling down and it can't get much lower. $1000 goes a long way at this price. Let's hope it starts heading up soon. I think I have enough shares now.
Il Padrino.
I talked to my Dad last night and he heard from his friend again yesterday. The guy just keeps on buying shares and said to look for something after Christmas.
That's all I got.
Hey Gordon, did you ever get any WLSF? It had a foward split yesterday 3 for 1. The price hasn't adjusted yet and it looks like I tripled my money but I think it will adjust today (hopefully not).
OK, the stock price hasn't adjusted yet. Are they going to wait until the start of the next trading session? I just tripled my money. If I knew that was going to happen, I'd have bought some before the split.
But I'm with you. I'm holding on to this stock for a while. I'm expecting about 5-10 price range within the year.
Check out all the other tobacco companies and the lowest cigarette manufacturer has a $5/sh price. Wellstone should far exceed that if their product catches on.
Today's going to be a huge day. Sit back and watch the stock grow.
Hi,
My father is back to work and is doing OK, thank you.
He did happen to talk to his friend who was at the shareholder meeting. All he told me was that it was great news at the meeting and expect good things to come.
I'm assuming he was talking about aquiring the other company. It seems that there are other people on this board who have better information than my source.
If I hear anything solid, I will post it, rest assured. I'm not going to say anything that would mislead anyone.
All I know is that this guy's son works for the company and he personally owns over 6M shares. He is very excited about cetek and keeps telling my father to buy up shares.
Il Padrino
I think it's because the entire industry is doing horrible. If you compare it to Nortel it's riding the same wave. Lucent just recently started reporting profitable quarters so they have been losing money the past few years.
I thought this stock was a bargain 5 years ago at $20, then 15 then 10 then 5 and now it's at 3. At one time it was around .80 and I was cursing the day I heard about Lucent. However, I think it's ready to recover. It's still the most active stock on the Nasdaq and should make a run pretty soon. I'm looking for 10-15 within a year.
One good thing is that Lu got contracts awarded in Iraq and has been very active at getting multi million dollar contracts. It won't be long before this stock goes back up to where it was. I don't expect 60 or even 40 any time soon, but 10 is very reasonable within a year.
Another incredible day. I wouldn't doubt if we see $5 again soon. I hope that it stays down enough so that after it splits, $500 could get us a decent ammount of shares.
Next year, we could see this stock go over $10.
I agree, the news just keeps on coming. The only downside to LU is that they are a horribly managed company. However, this used to be a $60 at one time. They have turned profitable quarters in a row and I think $5 by years end is very realistic.
I'm looking for $10 and then I'm out for good unless something can persuade me to stay in. I'm not impatient and will hold on to this stock until I get the price I want. One thing is almost certain...Unless Lucent has some kind of illegal activity going on, this company isn't going anywhere for a while.
I believe that this stock has already split a few times. I think they are purpously trying to keep the price down for something.
That's easy for you to say!
Well, they help for a couple of reasons. It shows strength in the company. Strengh=confidence=more people buying=increase in share price. Look what happened to the share price right after the news. Up .20!! The split allows people to afford more shares while the current holders get more shares (triple in this case). Usually after the split, the stock will start rising again to where it was before. Right after it splits, I'll buy a bunch more and watch my money double within weeks.
This stock is a gem. I'm willing to bet it will be over $10 within 2 years.
Awesome news 3 for 1 split. Look to buy up the stock after the split. Gains sure to come shortly after.
Wellstone Filters Declares 3-for 1 Forward Stock Split
via COMTEX
September 20, 2004
DURHAM, N.C., Sep 20, 2004 /PRNewswire-FirstCall via COMTEX/ --
Wellstone Filters (OTC Bulletin Board: WLSF) announced today that it has declared a 3-for-1 forward stock split to shareholders of record on September 27, 2004. Under the dividend, each holder of one share of common stock on the record date shall receive two additional shares of common stock. The payment date is October 5, 2004.
The purpose for the stock split is to benefit the shareholders by enhancing the liquidity of the common stock.
The CUSIP number and trading symbol will be unchanged.
I think Wellstone will be able to sell a cheaper product for a few reasons.
1. They won't spend the millions on advertising as the other companies do.
2. They won't have as large of an overhead as the other companies...(payroll, rent, etc.)
Those two reasons alone could cut the price by $1 maybe more. And then, once word gets out about it, the product will take off. Nowadays, a pack of cigarettes costs $5. If a pack of Wellstone is right next to it for $4, it will definately be considered and bought. Most smokers are not rich people and look to save money where they can. I think people will buy them for the lower price alone. Once they get a foothold on the market, they can raise it to compete with the big boys.
Are we looking at another big MO in the making?
You are right about holding it for a long time. (see my other post)
But that's OK, I hardly do any short time trading. I tend to hold on to stocks for years. I have the patience.
This gives us time to purchase more shares at a good price. I'm looking for it to go back under a buck before I buy any more.
I emailed Ms. Roseanne Baack at Wellstone. Here is the correspondance:
--------------------------------------------------------------------------------
From: Capaccio Salvatore TSgt 603 ACS/LGXT [mailto:Salvatore.Capaccio@aviano.af.mil]
Sent: Thursday, September 16, 2004 3:12 AM
To: 'rosanne_lowertar@hotmail.com'
Subject: Hello
Ms. Baack,
I think that Wellstone made an excellent decision to start producing its own cigarettes.
I am excited to see what the future will hold for this company. I noticed the news release said production will start calendar 05. Does that mean January and will there be a worldwide market?
Thank you,
Salvatore Capaccio
Dear Salvatore:
It will only take 6 to 12 months before the cigarettes will be available for purchase. Sam Veasey, our new COO/CFO, has completed this process before and estimates an eight month time frame.
Thanks for your support,
Rosanne Baack
So, she didn't answer the part about the worldwide market. And considering it will take half a year to get started, look for one year minimum before any real stock growth starts based on profits, etc.
However, if emotion gets involved soon, we could see some growth from that at any time if the word about this company gets out.
I just checked the stock price of all the other cigarette manufacturers and the lowest one was $4.75. The rest were from 19 all the way to 100.
I have a feeling we will all be in good shape here soon.
Hey CT2M, or should I say CT7M?
Hopefully wellstone will continue to rise. I'm excited to see what will happen by the end of next week. It jumped up to 5 one day and then crashed back down to .6 the next week. They think it was because of that garbage with the berlin stock exchange. Apparently they were trading stocks they shouldn't have been and WLSF was one of them.
My purchases are an average of 2 so I'm down right now. But I have a feeling it will blow that away. I have a limit sell in for 8. I'm betting it will reach that mark in a few weeks.
But I'm sure you're right about Cetek. It seems to have explosive potential. I'm going to buy more tomorrow. Hopefully it will stay down until then. I have a feeling I'm going to retire early from the military. I think I could live off the interest of a few million.
By the way, another "sure" bet I invested in was Iraqi Dinar. You can buy it off many web sites. I got mine from www.buydinar.com
They were the most reputable company I researched and I currently have 1M dinar notes that I payed 1K for.
Before the gulf war, one dinar was worth $4!!
Once their currency is accepted by the WCE, look out!!
Right now one dinar is worth about one share of CTKH.
Best wishes,
Il Padrino
I put in a sell order for $8 (you never know) That one day it hit 5 with no problem. I'm expecting the same type of publicity soon. This news is much greater than the last reason it jumped. Hopefully we can play with this stock for a while and keep making solid gains.
I've tried, but my server won't let me access that site for some reason.
Awesome animation of the Juggernaut. I'm a Hulk nut myself. Have been since 4 years old. I even have a Hulk tattoo!
That sounds like a plan.
Did you get my email I sent you yesterday? WLSF is going to make their own cigarettes starting Jan.
I think it's great news!! Imagine if it becomes a major cigarette company.
I think it will stay over a buck from now on at least.
It's on the rise,
could be another big day
As soon as my automated deposit hits my account tomorrow, I will buy some more too.
I'm thinking of selling short on another stock to get a few more of cetek, but I'm not sure if I want to take the loss yet.
This company had so much potential. What the heck happened to it? That reverse split killed it is what happened. I'm down a few grand on this one and it doesn't look like it's going anywhere fast.
Sell or hold?