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I hear ya on the money making deal. I'm new here so I do not yet know the trading pattern of this stock. Bought in a couple days ago at $1.62. Just hoping to make a little cash just like you. This is a chart play for me. It should fill the gap between $2.24 and $2.51. We'll see.
Luck to you..
http://americanbulls.com/SignalPage.aspx?lang=en&Ticker=SCON
I agree, but there's risk in any stock. Look what happened to AAPL holders who bought around the $700.00 mark.
Anyway, thanks for your response. If you feel like it, I'd appreciate any thoughts or facts you'd like to share about this company. If not, that's cool too.
Luck to you..
Glad someone replied. Do you think those events will happen this year yet?
Maybe I spoke too soon. Anyone watching this board? Chime in if you are.
Lots of potential with SCON at these prices. What I don't like is the 2 to 3 cent spread that happens with this stock. Less liquid stocks see larger spreads although, volume has picked up today. Good sign.
Man, am I glad I got out of this thing with a small profit when I did. I really feel for you guys that are stuck here. This company just seems to milk its shareholders to death.
Luck to you guys..
This stock is kinda a dog, but it did close above the 50 day, just barely. This board is just like the stock, a dog. No offense to you my friend.
Personally, I'm glad they lost. I'm a Badger and a Packer fan. Bret Bielema was the Badger coach last few years. I always thought he sucked as a coach but he won a lot because of the Badger program which is run by the very capable Barry Alvarez. They beat #16 Northwestern today 35 to 6. I'm glad Bret defected to Arkansas. Now the whole world can see what a lousy head coach he really is.
Go Badgers, Packers and HHSE.
I like this company. I think it has a lot of potential. The company keeps putting out new products to def ears. Doesn't seem like anyone believes what is right in front of their eyes.
That said, I do not believe this stock is ready to rise yet. I think it will retest a penny even where it seemed to have great support. The stock will take off eventually. It will happen when either the audit is released or some other shocking event happens such as when HHSE partnered with NTEK. Other than the audit, I think something big is in the works. Time will tell. Till then, longs should just tune out all the negative vibe on this board. I rarely even read this board during the trading day, and you all know why. Nothing but the same thing repeated over and over again. Rarely is there any new info added.
Would be nice if they just mentioned the damn audit. The company and Eric have poisoned this stock with all the audit talk and no results to date. It's their fault this stock has flat lined.
I personally believe this company has a lot going on, but many obviously don't. It's time the company stepped up and proved it has all the aforementioned current and future revenue streams it claims to have and will have.
They froze the stock with all the audit talk yet there has been no results. I'm surprised someone hasn't filed a suit against Eric and HHSE for all the false statements to date. I am long and I am willing to be patient. That said, we as shareholders do have the right to know why something that has been promised so often and to so many different shareholders has yet to appear. Eric and this company owes all share holders an explanation concerning this presumed future audit as to why it has missed so many promised deadlines. After an explanation, we then deserve a sincere apology.
If none of the above happens soon, we should demand that Eric resign. So far, he has been just about worthless. I would like to see proof of all this guy's blogs.
IMO, HHSE IS WORTH MORE THAN NTEK PER SHARE. This stock has a lot more going on than NTEK. I'm not bashing NTEK because I own both. That said, I really like buying at these give-away prices.
What a gift I got today. I was late getting to the computer. When I saw HHSE with a bid of .0098 and an ask of .0011, I quickly put in an order for 200K at .01 even and got them all. It never fell below a penny the rest of the day. In fact, bid support increased through out the day. The increased volume and a hammer candle indicates a washout. That means we probably shook most of the weak hand losers. Going forward, this should continue to build strength. Just too good a company not to.
Don't get mad, you must be long. I don't necessarily disagree with you on Amer-bulls. But, this is way over bought and will correct soon. That's when I will buy in.
I guess you didn't read the bottom. The thing with that site is it only reacts to a confirmed move either up or down. That means it takes two day's to change a signal on American bulls. But, if you read on, they will tell you when a bullish or bearish pattern forms. One has formed here, see below.
This is a four day bearish reversal pattern. It consists of three consecutive days each gapping higher on the open. After Three Gap Ups the market becomes extremely overbought and ready for the reversal of the current uptrend.
Recognition Criteria
1. The first day can be of any color.
2. The second day also can be of any color, so long as its body gaps up away from the first day’s body.
3. The last two days are white and their bodies must gap up from the bodies of the prior days.
Pattern Requirements and Flexibility
The first two days of the Bearish Three Gap Ups can be of any color but the last two days should be white. There must be upside body gaps between the candlesticks.
Trader’s Behavior
The market is overbought with three gaps up in a row and it is time for profit taking.
http://americanbulls.com/SignalPage.aspx?lang=en&Ticker=FREE
http://www.candlesticker.com/Pattern.aspx?lang=en&Pattern=4201
Don't bet on it. This is way over bought.
http://americanbulls.com/SignalPage.aspx?lang=en&Ticker=FREE
I'm looking to buy more myself. That said, it's not easy to ignore what some are saying about this CEO. He has promised too much and delivered too little in a given time frame that so many have been looking for so much more.
On the flip side, there has been great progress. It has been proven that this company is for real by looking at past movies, product on the shelves at stores like Walmart, internet stores like Amazon and the NTEK/HHSE partnership.
Myself, I think this is highly undervalued and things will eventually come together. I also like the fact the T/A is ungagged and dilution has been almost nonexistent and what dilution is coming has been announced. How much more honest can a pink sheet company be? The thieves dilute, this company IS NOT DILUTING! I will buy more.
Doing well Ernie, thank you..
Hey Ernie, long time. You are right about this garbage being a pump and junk. Bull Warrior Stocks pumped the chart on this over the weekend. Looks like they were waiting in the weeds for the volume to dump some trashy shares.
Luck to you..
I saw that, but it isn't very much. Nothing to worry about.
Is that number up or down?
TIA
Often-times, those shorting to cover with conversions are done and covered in a few days. Those shorts are never counted because they are covered in a short period of time. OTC markets short count is accurate and usually agrees with Shortsqueeze.com, see link.
Did you know that every sell is considered a short sale until the trade clears. When you sell a stock, the info is not immediately available as to a normal sell or a short sale. That is only determined after the trade clears about 3 days later. That's why short sale data is always posted several days after the end of the month and the 15th.
http://www.shortsqueeze.com/?symbol=mine&submit=Short+Quote%99
I'm gone, luck to you..
Man, I'll tell ya UI, that was a very well written and thought out post. There is nothing in your post that I can disagree with except for the following:
But you coming here only to spread negativity only verifies to everyone here your intentions and therefore, you cant be trusted.
Believe it or not, I am not here to bash the stock. I am not short. I hold no position nor am I trying to drive the stock down to buy lower. I sincerely just wanted everyone to know about the dilution that's hitting the market. To prove that, this will be my last negative post on this board. I liked what you had to say and you have earned my respect.
If I post again, it will be of a constructive manner.
Luck to you..
KEEP ON ADDING AS MUCH AS YOUR CAN. YOU WILL THANK ME LATER!!!$MINE
Considering this is the stock market, penny land to boot, who should they thank if this continues to tank like I suspect it will. They are converting debt here which is toxic financing and they are diluting to pay daily expenses and costs associated with production. That means those converting will probably short the stock first to drive it down in order to exercise more shares then cover them with conversions thus making more money at longs expense.
Wake up and save your money, it's a dilution landslide. Just check the available 10Q and OTC markets for all the facts.
The shorts are desperate here, not you
LOL, everyone always wants to blame the shorts, but there are none, well almost none. As of July 31st., there were only 67K shares short. Don't believe me, see link. Many don't understand that in order to short penny stocks, you have to have the right broker to start with. Interactive Brokers will allow you to short penny stocks. But, it will cost you $2 per share security deposit. So if you want to short a million MINE, it will cost you 2 million to do it. You will get the 2 million back when you cover if you don't lose it all should the stock spike upwards.
So, if not shorts, then what? Selling and dilution and it isn't going to get any better. If this stocks takes off with news, smart traders will be fighting each other to get the hey out. That means....MANY BAG HOLDERS TO COME!!
http://www.otcmarkets.com/stock/MINE/short-sales
Buzz off scooter. lol
Why, the egg has cracked. Will be interesting to watch. Today, AMMX showed its true colors.
Bout to load the boat this week
Be careful, you might just lose that boat. Sink like the Titanic. I see this hit the iceberg already today. Just a matter of time now.
The board of directors believes that authorizing this increase in the number of authorized shares of common stock is in the best interest of Minerco and its stockholders in that it could be obligated to issue common stock upon conversion of certain existing outstanding convertible debt and preferred stock in excess of the amount authorized and it will provide the Company with available shares that could be issued for various corporate purposes which may be identified in the future, including acquisitions, stock dividends, stock splits, stock options, convertible debt and equity financings. On April 5, 2013, Minerco had 1,988,862 shares of common stock available for issuance after taking into account all shares reserved of convertible securities which we believe may not be sufficient to satisfy all outstanding debt obligations
Boy, if that isn't proof of what I have been saying, then no proof exists. They are and will continue to dilute. I like this part which is called toxic financing; the number of authorized shares of common stock is in the best interest of Minerco and its stockholders in that it could be obligated to issue common stock upon conversion of certain existing outstanding convertible debt
Anyone buying this will lose big going forward.
No, as I said, some one responded to me with that number. But, I don't doubt it for a minute.
See, some one that finally understands. It has to be a scam, they are diluting like a heavy blizzard.
According to the latest 10Q, they had $919 in cash on hand and no revenue. In order to pay $75,000 in cash, where did that money come from. Couldn't be from dilution could it?
http://www.otcmarkets.com/edgar/GetFilingHtml?FilingID=9360919
Look at the 10Q dated 4/30/13. It indicates there were 670,246,929 shares outstanding. (670.22 million) That's not bad considering. But, I then went to OTC markets and looked up MINE. According to OTC markets, as of 6/19/13 there were 989,346,929 (989.3 million) shares outstanding with 2.5 billion authorized. Then some one responded to me and indicated there were over 1.2 billion outstanding as of now. That's another 300 million diluted in a couple months.
Think about this, this company diluted 319 million shares in a 6 week period, that's not counting the extra 300 million. That's more than a 50% increase in share base. So, if you bought 1 million shares early April, your holdings have been diluted over 50% so it's like you just lost over 50% value of your holdings.
This stock will dilute to 2.5 billion and then reverse split.
Are you picking on me?
:o)
Buy back and reduction of shares!!!
Now that is what I call real hallucinating.
Why not, the company has plenty to sell.
If they had 670.2 million shares outstanding in Apr. and now over 1.2 billion, how long do you think it will take for them to reverse split? They are issuing shares like the Fed prints money. The difference is the Fed cannot reverse split like MINE can and eventually will.
MINE did a 1 for 150 reverse split in Feb. 2012. That's not that long ago. Now they have over 1.2 billion shares outstanding. It's gonna happen again.
Your post makes sense and is nicely worded. I understand what you are saying. But, the run could a lot better if the company wasn't paying for everything with shares. Before you know it they will be either increasing A/S or reverse splitting 2.5 billion shares. I have also seen this film before. Thanks for your great reply and....
Luck to you.
As soon as they launch rise, they will sell another two or three hundred million shares. This one is a real mess.
Not a basher, just relaying what I have found. You don't think that a 50% increase in outstanding shares means anything? They recently did a 1 for 150 reverse split and they are almost a billion already. This doesn't scare you? You love losing money?
That's fine but what are you doing here then every day??
Trying to help those who will listen. I can see you are not one of them.
Are we in production!!!!?????
You're in dilution, that's for sure. If you bought early April, the worth of your holding in this stock has decreased over 50% per share.