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.
VVWT-Huge support @ $.34 Don't miss the party chickys; VIVA WORLD TRADE INC (VVWT:OTO )
[suppressed sound link]
price change % change volume bid/ask day high/low
0.345 +0.025 7.81% 857,780 n/a / n/a 0.350 / 0.330
vvwt level ii quotebook
time mmid size bid
15:05 ubss 100 0.340
15:11 fran 10,000 0.340
15:15 vert 3,700,000 0.340
15:52 doms 10,000 0.330
08:15 hill 500,000 0.320
15:46 naci 10,000 0.295
efgi 10,000 0.295
15:51 nite 10,000 0.250
ask size mmid time
0.345 10,000 nite 15:51
0.380 10,000 fran 08:22
0.400 100 ubss 15:05
0.500 10,000 hdsn
0.500 10,000 able 08:50
0.560 10,000 doms 15:52
0.650 10,000 vert 15:15
time and sales
time price volume
15:55 0.345 10,000
15:53 0.350 5,000
15:52 0.340 5,000
15:51 0.340 2,000
15:47 0.345 5,000
15:47 0.340 2,500
15:46 0.340 2,500
15:46 0.340 5,000
15:43 0.345 1,200
15:43 0.350 1,200
15:43 0.350 3,000
15:33 0.340 2,000
15:31 0.340 6,000
15:26 0.340 10,000
15:23 0.340 20,000
15:15 0.340 13,000
15:14 0.340 10,000
15:14 0.340 1,600
15:08 0.340 15,000
15:05 0.340 25,000
>
Huge support @ $.34; VIVA WORLD TRADE INC (VVWT:OTO )
VVWT:
Price Change % Change Volume Bid/Ask Day High/Low
0.345 +0.025 7.81% 857,780 N/A / N/A 0.350 / 0.330
VVWT Level II Quotebook
Time MMID Size Bid
15:05 UBSS 100 0.340
15:11 FRAN 10,000 0.340
15:15 VERT 3,700,000 0.340
15:52 DOMS 10,000 0.330
08:15 HILL 500,000 0.320
15:46 NACI 10,000 0.295
EFGI 10,000 0.295
15:51 NITE 10,000 0.250
Ask Size MMID Time
0.345 10,000 NITE 15:51
0.380 10,000 FRAN 08:22
0.400 100 UBSS 15:05
0.500 10,000 HDSN
0.500 10,000 ABLE 08:50
0.560 10,000 DOMS 15:52
0.650 10,000 VERT 15:15
Time and Sales
Time Price Volume
15:55 0.345 10,000
15:53 0.350 5,000
15:52 0.340 5,000
15:51 0.340 2,000
15:47 0.345 5,000
15:47 0.340 2,500
15:46 0.340 2,500
15:46 0.340 5,000
15:43 0.345 1,200
15:43 0.350 1,200
15:43 0.350 3,000
15:33 0.340 2,000
15:31 0.340 6,000
15:26 0.340 10,000
15:23 0.340 20,000
15:15 0.340 13,000
15:14 0.340 10,000
15:14 0.340 1,600
15:08 0.340 15,000
15:05 0.340 25,000
Didn't they take notice of the wizard on staff?
Let em try cause we got our very own firefighter! Where's DF?
DHBT-Any thoughts anyone.....I'm inclined to sell here and take profits. My t/a says trend is up but the market in general is nervous?
One can only wonder.
OK, who's selling on the news?
Slow's ok as long as it's upwardly!
Actually I think it is the trade alerts not repeat of original PR. This is a prime example of why announcing "big" news on Friday after the close is good.
All the trade alert newsletters have the weekend to compile and distribute over the weekend. In this fashion you get 2 for one exposure! Booyah!
GM again all, just got back in. Yes Tiki I am in PLYCF but did not get NWWV.
Wrong, I'm at it since 3:30 AM EST.
OT-Sentiment email today;
"The Epitome of Irrational Exuberance
By Rick Pendergraft
Dear Reader,
Virtually everyone in the world expected the Federal Open Market Committee to keep the Fed Funds rate at 5.25 percent at their meeting last Wednesday. And they did exactly that.
Despite this very predictable move, investors appeared surprised by the fact that the Fed remains focused on inflation as the biggest concern to the economy and not the dwindling growth rate. The anemic growth rate of 1.3 percent that was reported in the first-quarter GDP report on April 27 was the worst we have seen in the past five years. Despite this fact, the Fed remains focused on inflation.
What this says to me is that the Fed is closer to a rate hike than they are to a rate cut. And this doesn’t match the prevailing line of thinking. By most accounts, the majority of analysts, myself included, thought the Fed was closer to a rate cut than a rate hike.
But the 10 people sitting in the meeting (and the only opinions that count) did not see it the same way as the majority. This led to the selling we saw immediately following the rate decision and the subsequent selling on Thursday. Being that the market has been in an irrational state lately, the rally to end the day on Wednesday made little sense but it did follow with the recent pattern of rallying, regardless of whether the news was good or bad.
The fact that the Dow is reaching new highs almost daily and the S&P is closing in on its all-time high, while the economy is slowing rapidly, is very concerning. There seems to be a major disconnect between the economy and the stock market right now.
The recent winning streak for the Dow matched an 80-year old record of 24 up days out of 27. The last time this happened was in 1927 when the economy was firing on all cylinders, before the crash of ’29 and the Great Depression. To match this winning streak at a time when the economy is slowing to a crawl is unbelievable.
The daily chart of the Dow shows the winning streak with the blue arrow marking the beginning and the three red arrows marking the three down days from March 29 through May 7.
I am tired of hearing the words “irrational exuberance” that former Fed Chairman Greenspan uttered so many years ago, but looking at this chart with the backdrop of the current economic environment in the back of my mind, this could be the epitome of irrational exuberance.
As I pointed out last week, the NYSE reported its highest level of margin debt since September 2000. Almost all oscillators are overbought regardless of whether you look at daily or weekly readings, or whether you use RSI, Stochastics, or MACD. Optimism is high, stocks are overbought, and winning streaks are being matched, all at a time when the economy is slowing sharply.
I may be starting to sound like a broken record, but I am very concerned about the market right now. I can tell you that in my personal account I have taken profits on most of my bullish positions and have added additional bearish positions. There is a major correction on the horizon and I intend to at least protect my portfolio. Hopefully I will increase the value as a result of the bearish positions.
I encourage you to take some protective action as well. Either take some profits off the table on your long positions, or add protective puts to your portfolio.
Good luck and good trading,"
OT-Sentiment email today;
"The Epitome of Irrational Exuberance
By Rick Pendergraft
Dear Reader,
Virtually everyone in the world expected the Federal Open Market Committee to keep the Fed Funds rate at 5.25 percent at their meeting last Wednesday. And they did exactly that.
Despite this very predictable move, investors appeared surprised by the fact that the Fed remains focused on inflation as the biggest concern to the economy and not the dwindling growth rate. The anemic growth rate of 1.3 percent that was reported in the first-quarter GDP report on April 27 was the worst we have seen in the past five years. Despite this fact, the Fed remains focused on inflation.
What this says to me is that the Fed is closer to a rate hike than they are to a rate cut. And this doesn’t match the prevailing line of thinking. By most accounts, the majority of analysts, myself included, thought the Fed was closer to a rate cut than a rate hike.
But the 10 people sitting in the meeting (and the only opinions that count) did not see it the same way as the majority. This led to the selling we saw immediately following the rate decision and the subsequent selling on Thursday. Being that the market has been in an irrational state lately, the rally to end the day on Wednesday made little sense but it did follow with the recent pattern of rallying, regardless of whether the news was good or bad.
The fact that the Dow is reaching new highs almost daily and the S&P is closing in on its all-time high, while the economy is slowing rapidly, is very concerning. There seems to be a major disconnect between the economy and the stock market right now.
The recent winning streak for the Dow matched an 80-year old record of 24 up days out of 27. The last time this happened was in 1927 when the economy was firing on all cylinders, before the crash of ’29 and the Great Depression. To match this winning streak at a time when the economy is slowing to a crawl is unbelievable.
The daily chart of the Dow shows the winning streak with the blue arrow marking the beginning and the three red arrows marking the three down days from March 29 through May 7.
I am tired of hearing the words “irrational exuberance” that former Fed Chairman Greenspan uttered so many years ago, but looking at this chart with the backdrop of the current economic environment in the back of my mind, this could be the epitome of irrational exuberance.
As I pointed out last week, the NYSE reported its highest level of margin debt since September 2000. Almost all oscillators are overbought regardless of whether you look at daily or weekly readings, or whether you use RSI, Stochastics, or MACD. Optimism is high, stocks are overbought, and winning streaks are being matched, all at a time when the economy is slowing sharply.
I may be starting to sound like a broken record, but I am very concerned about the market right now. I can tell you that in my personal account I have taken profits on most of my bullish positions and have added additional bearish positions. There is a major correction on the horizon and I intend to at least protect my portfolio. Hopefully I will increase the value as a result of the bearish positions.
I encourage you to take some protective action as well. Either take some profits off the table on your long positions, or add protective puts to your portfolio.
Good luck and good trading,"
GM Chicks. Sentiment email today;
"The Epitome of Irrational Exuberance
By Rick Pendergraft
Dear Reader,
Virtually everyone in the world expected the Federal Open Market Committee to keep the Fed Funds rate at 5.25 percent at their meeting last Wednesday. And they did exactly that.
Despite this very predictable move, investors appeared surprised by the fact that the Fed remains focused on inflation as the biggest concern to the economy and not the dwindling growth rate. The anemic growth rate of 1.3 percent that was reported in the first-quarter GDP report on April 27 was the worst we have seen in the past five years. Despite this fact, the Fed remains focused on inflation.
What this says to me is that the Fed is closer to a rate hike than they are to a rate cut. And this doesn’t match the prevailing line of thinking. By most accounts, the majority of analysts, myself included, thought the Fed was closer to a rate cut than a rate hike.
But the 10 people sitting in the meeting (and the only opinions that count) did not see it the same way as the majority. This led to the selling we saw immediately following the rate decision and the subsequent selling on Thursday. Being that the market has been in an irrational state lately, the rally to end the day on Wednesday made little sense but it did follow with the recent pattern of rallying, regardless of whether the news was good or bad.
The fact that the Dow is reaching new highs almost daily and the S&P is closing in on its all-time high, while the economy is slowing rapidly, is very concerning. There seems to be a major disconnect between the economy and the stock market right now.
The recent winning streak for the Dow matched an 80-year old record of 24 up days out of 27. The last time this happened was in 1927 when the economy was firing on all cylinders, before the crash of ’29 and the Great Depression. To match this winning streak at a time when the economy is slowing to a crawl is unbelievable.
The daily chart of the Dow shows the winning streak with the blue arrow marking the beginning and the three red arrows marking the three down days from March 29 through May 7.
I am tired of hearing the words “irrational exuberance” that former Fed Chairman Greenspan uttered so many years ago, but looking at this chart with the backdrop of the current economic environment in the back of my mind, this could be the epitome of irrational exuberance.
As I pointed out last week, the NYSE reported its highest level of margin debt since September 2000. Almost all oscillators are overbought regardless of whether you look at daily or weekly readings, or whether you use RSI, Stochastics, or MACD. Optimism is high, stocks are overbought, and winning streaks are being matched, all at a time when the economy is slowing sharply.
I may be starting to sound like a broken record, but I am very concerned about the market right now. I can tell you that in my personal account I have taken profits on most of my bullish positions and have added additional bearish positions. There is a major correction on the horizon and I intend to at least protect my portfolio. Hopefully I will increase the value as a result of the bearish positions.
I encourage you to take some protective action as well. Either take some profits off the table on your long positions, or add protective puts to your portfolio.
Good luck and good trading,"
NWWV can't be bought through TDA on line whcih may limit upside there but mat benefit PLYCF as a result. Might be 1 10-20 bagger on PLYCF? There is also a thought that short squeeze may roll with any real upside action and that could propel huge upside as many shares are held in strong hands.
PLYCF could be a fun ride this week.
TradingForWealth CSCO thoughts please?
You forgot PLYCF and VVWT!
Who says incarceration has no rehabilitation value. There's a lesson here so next time we're waiting for news put all the bashers behind bars! LOL
Welcome back to Ihub society P2D. Did you have to go to a parloe hearing and work release or did they just give ya a brown suit and kick you out the gate? snicker snicker.
Haven't you learned yet that when it comes to internet issues it's allways your computer not their network!
Geeps, I think I've figured out your problem. You really meant to buy a blue chip like GE but accidently typed in PLYCF and now you want a penny stock to act like a big board equity.
When you wake up in the morning and look in the mirror I want you to repeat to yourself three times the following;
"My money is invested in a penny stock for which there is no fundimental basis to understand the future or risk involved."
Again make sure you say that at least 3 times or more if you feel the need. Upon completion of that morning task you can then get your coffee and turn on your computer.
Holding right now but may be adding on any dip.
I think the market in general is getting overbought so I expect a 7%-12% correction in the DOW which I think will spill over into other exchanges.
Here comes the pumping;
NEW WAVE MEDIA, INC (NWWV)
WagerPhone, Inc., a wholly owned subsidiary of New Wave Media, Inc. develops and markets software allows companies to put their casinos/betting terminals into the hands of anyone with a mobile phone.
Recent Price $.02
Market Capitalization $5.08M
Est Float 117 M
Outstanding Shares 254 M
Exchange OTC.PK
New Wave Media, Inc.
355 Don Mills Rd.
Suite 18-178
Toronto, Ontario
Canada M2H 3N3
Phone: 416-276-0306
Fax: 905-763-2131
http://wagerphone.com Company Highlights
· WagerPhone is focused on providing National and State Lotteries with a number of quick and convenient methods to purchase lottery tickets and scratch cards via the utilization of SMS, J2ME, Brew, WAP, Interactive Voice Recognition (IVR), and Online technologies .
· WagerPhone software is designed to be user-friendly every way possible.
· The company’s goal is to be able to provide their clients and users with any type of gaming experience they want.
· WagerPhone is designed to provide a great deal of flexibility, allowing each gaming company to customize certain features of the interface, while providing a smoother transition.
· The value of bets placed via mobile phones will reach $21.4 Billion globally by 2011, according to the latest market analysis.
Current Projects
WagerPhone expands into South America
WagerPhone Inc., a wholly owned subsidiary of New Wave Media Inc., has expanded to the Latin American market segment. With industry experts forecasting the adoption of Media phone subscription and usage to double across Latin America over the next three years, WagerPhone sees tremendous opportunity in this market. WagerPhone does not question whether or not Media phones will be used to purchase lottery tickets in this area, but rather they merely see it as a question of when.
WagerPhone and Impact Mobile enter partnership
WagerPhone Inc. and Impact Mobile will be partnering to offer a variety of mobile services and solutions across North and South America. Impact Mobile will provide WagerPhone the mobile connectivity and platforms to enable them to innovate and drive new revenue from untapped markets. Applications include Reverse Auction and mobile number games. These solutions complement and extend Wager phone’s business and will provide them with the ability to generate additional revenue streams.
Company Overview
New Wave Media, Inc. (OTC.PK: NWWV)
WagerPhone is the world’s smallest most accessible casino. It allows companies to put their casinos/betting terminals into the hands of anyone with a mobile phone. WagerPhone allows consumers to meet all their gaming needs.
With the rapid increase of innovation and technology, it is of no surprise that the Internet has become one of the most important and widely used commodities of our time. Utilized by hundreds of millions of people every day, the World Wide Web has become a vital tool for both business and entertainment. Over the past several years, companies that once had an advantage over their competitors simply by being online are now finding themselves lost among a sea of competition. One of the largest industries being affected by this competitive surge is the Gaming and Entertainment Industry. What started off as an open market is becoming increasingly saturated with competition. Now more than ever there is demand for innovation and new technology to compete in this continuously converging global market.
WagerPhone, Inc. is able to provide the necessary technology that will enable companies to surpass their competition by capitalizing on an untapped mobile market.
WagerPhone software places the lotteries and casinos into the hands of anyone with a mobile device. In a matter of seconds, consumers can use WagerPhone to turn their phone, smart phone or PDA into a personal customizable gaming terminal. Due to the millions of people who gamble online everyday, the improvements in mobile technology and the decreasing cost of WAP browsing, a new market for World Wide gaming has emerged and New Wave Media, Inc. has responded with WagerPhone.
Using standard secure 128 bit end-to-end encrypted data streams; WagerPhone translates gaming logic into simple data commands. The software acts as a portal to bridge the gap between a mobile device and a company’s back-end. This eliminates slow mobile device web browsers, and in turn facilitates real-time transactions. WagerPhone was specifically designed to allow a company’s back-end to remain unchanged; same interface, same odds, same security.
All of the games can easily be customized to carry a company’s brand name. Exclusive game development is also available. WagerPhone games include: Black Jack; Slots; Lotto; Scratchcard; and Sports Book.
Customizable features include, but are not limited too:
· Brand name
· Games offered
· Color scheme
· Gaming options
· Game table felt colors and patterns
· Slot machine graphics, color, reel curvature, speed, sounds and more
· Card graphics
· Speed o games
· Sound and vibration
· Popup and banners
· Ad placement
· Bet levels
· Pay tables
Multi-currency and multi-language capabilities are also available, which will attract a truly global audience.
WagerPhone M-Wallet
WagerPhone M-Wallet provides consumers with the ability to make on-the-go deposits into their accounts using a wide array of payment methods; Visa, MasterCard, Neteller and many others.Working in conjunction with a major payment processor, WagerPhone is able to bundle M-Wallet into a fully functional mobile solution.
Industry Value
The value of bets placed via mobile phones will reach $21.4bn globally by 2011, according to the latest market analysis.
This news brings hope to the industry, which has suffered after the online gambling restrictions introduced in the US last year. The gross value of bets placed across the global market for all forms of mobile gambling, from casinos, lotteries and sports betting will grow from $1.74bn in 2006 to $21.4bn by 2011. Sports betting and lotteries will be the largest sectors.
Europe is currently the largest mobile gambling market in the world, with an estimated $857m in bets placed in 2006. The UK is considered to be one of the most fertile environments in the world for online and mobile gambling.
However, the Asia Pacific market is expected to show the fastest growth through to 2011, rapidly overtaking Europe. The Asian market is forecast to grow from $834m in 2006 to over $8.6bn by 2011.
With Wager phone’s aggressiveness in technology and superior leadership in this market space, the company has great potential to become a leader in the online mobile gaming industry.
Leadership
Armando Russo, President and Board Chairman - Mr. Russo has been involved in the start up of many successful ventures throughout his 15 year business career. To date he has operated many of these successfully while focusing in the entertainment field until recently when he entered into the financial transaction based business world.
Marc Askenasi, Founder, President & CEO – Marc has been instrumental in the formation and vision of WagerPhone.He has led the development of the software platform and is intimately aware of every facet of the operations. Marc graduated fro m McGill University in 2004 with an honors degree in industrial relations.
Felix Gelt, Chief Operating Officer – Felix plays a vital role in the day-to-day operation of WagerPhone.His focus is the internal management and control for product development, financial reporting, invoicing, payroll, sales and customer service.Felix is currently the Finance Director of Topps Canada and prior to that was a Senior Management Consultant with BearingPoint.
David D’Onofrio, C.A. Chief Financial Officer – David brings a strong background in public accounting and is a vital element to the successful management of WagerPhone.He is a Chartered Accountant with an industry specialization in technology and telecommunications.David is currently a Canadian Corporate and International Taxation Manger with Deloitte and Touche.
Ramon Camminati, Account Manger -Ramon, located in Lima, Peru, has been instrumental in coordinating WagerPhones’s operation and brings with him a strong background in finance and consulting.He is currently employed with Intercapital Capital Market and previously worked for KPMG.
Gary Schwatrz, Impact Mobile, Strategic and Technology Advisor (www.impactmobile.com )
Impact Mobile is a successful mobile media company that has personal relationships and tier one connections to all of the major telecoms across North America.They also represent dozens of the world’s largest brands.Impact mobile has been accredited as one of the top ten companies to watch in Canada by Deloitte & Touche.
I just caught the tail end of Real Sex 35,187! I don't do sports but have been known to knock around a few balls!
Honestly....All I'm concerned with is getting the chance to sell my shares a lot higher than what I bought them for.
I make money on POS non revenue diluting penny pigs every day. I have three exceptions to those and they are PLYCF KLGG and VVWT. I don't care if they make money tomorrow or next year as long as it looks like they will eventually do something that will reward my investment I will wait.
Happy Mom's day to all you slaves of the family life! LOL. I hope someone does something special for you today.
It's To Da MOON.
Geez geeps, is your glass allways half empty? Your post regarding "bailng out" PLYCF makes no sense. Even pink sheet stock companies don't merge or acquire without MUTUALLY beneficial reasons.
When the PPS climbs to $.50 then I suppose you'll complain about tax consequences and the overvaluation of the company.
Give it a rest and get on board the uptown train for awhile.
No they are going to maintain their seperate "deals" going forward but be one reporting company, at least that's how I read the PR.
For example Yum brands owns and operates several franchises but reports under one parent corp.
Yes it was and it was difficult to not ponder the what ifs....I thought about this very scenario ever since the CC when the PR advised Marc was going to be speaking.
My intuition says this has been in the works since then.
Gota have a sense of humor in the markets! lol
We live for Fridays like this;
Hee Hee; "Dow powers to 111-point gain" The dow's in the $hithouse!
Better odds than the lotto. I'm on the bid for 3's 2's and 1's. If it goes to .000000 then it's a write off, if not Weeeeeeeeeeeee!
You can't be serious? I use american bulls for reference but we're gonna need more DD than that
Stockscore for 5/11/2007 3:59:00 PM Market Close
Stock Scores About Stockscores
Sentiment Stockscore 56
Rating Neutral
Signal Stockscore 65
Rating Optimistic
40 Day High None
40 Day Low None
# of Trades 14
Open $0.060
Close $0.070
$Value Volume $6,806.870
Price Indicators
Moving Average Indicators
15 Day Trend Bearish
45 Day Trend Bullish
100 Day Trend Bullish
MT Moving Avg Crossover N/A
LT Moving Avg Crossover N/A
Volatility Indicators
Abnormal Activity today? None
Volatility Index Today Low
Volatility Index Yesterday Medium
10 Day Volatility Decr
20 Day Volatility Decr
40 Day Volatility Decr
Price Relativity
From 40 Day High 56% From 40 Day Low 197%
From 80 Day High 56% From 80 Day Low 447%
From 150 Day High 56% From 150 Day Low 447%
Support/Resistance
5 Day Support $0.060 5 Day Resistance $0.090
15 Day Support $0.060 15 Day Resistance $0.120
80 Day Support $0.010 80 Day Resistance $0.120
Pivot Analysis
Price Pivot $0.070
Day Resistance 1 $0.070
Day Support 1 $0.060
Day Resistance 2 $0.080
Day Support 2 $0.060
Recent Moves
Gain/Loss - 10 day -33%
Gain/Loss - 30 day -4%
Gain/Loss - 60 day 81%
Gain/Loss - 200 day -29%
Consolidations
Short Term Yes
Medium Term Yes
Long Term Yes
Today's Trading
Gap None
Candle Bullish
Volume Indicators
Volume Averages
20 Day Avg Vol 325,008
Today / 20 Day Avg Vol Below
150 Day Avg Vol 188,153
Today / 150 Day Avg Vol Below
Today's Trading
Abnormal Volume None
Abnormal Trades N/A
WILLIAM VOLUME ACCUMULATION: Bearish
VOLUME PRICE TREND: Bearish
Momentum Indicators
Trend
10 Day Trend Bearish
40 Day Trend Bullish
100 Day Trend Bullish
STOCHASTICS: Oversold
RSI: Oversold
MACD: Bullish
PREVENTION INSURANCE.COM (PVNC:OTC:BB ) Add PVNC to my portfolio
PVNC: Price Change % Change Volume Day High / Low 52Wk High / Low
0.06700
+ 0.005 8.06% 97,241 0.07 / 0.06 0.139 / 0.015
Prev Close Open Bid / Ask (Size) 52 Week Chart
Advanced Charting - Java Chart - Intraday - View History
0.062 0.06 0.067 (50) / 0.07 (50)
View History
Last Traded Transaction Volume Sentiment Stockscore/Rating Learn More
05-11-2007 15:59:59 EST 17,700 56 Neutral
Industry Shares Outstanding Market Cap
Business Equipment 21,519,362 1,441,797
P / E Ratio EPS Trade Now
N/A N/A Choose Brokerage
Dividend Dividend Date Yield
N/A N/A N/A
We're greedy lol
Don't forget NWWV also has more shares issued? Wouldn't that be a facter?
VVWT; Stockwire follow up: VIVA WORLD TRADE (OTC: VVWT) - SHORT SQUEEZE
ORIGINAL ALERT INFO :
ALERT DATE & PRICE: MAR 30, 2007 / $.38
CURRENT PRICE: $.32
CURRENT % ROI: -15%
Since our email the other night that spoke about the “Short Interest” in VVWT, the stock has gained around 42%.
It really feels good to stick it to the shorter’s out there who wake up every morning and try to figure out how to hurt retail investors.
Right now, we have already surpassed the first level of “Short Interest”. The big level that we will hopefully approach next week, will be around $.38-$.40. If we hit it with some serious momentum, we could see the stock rally up to $.60.
I know a lot of our members are underwater on this trade, but this could be our chance to really make some good money on this trade.
In the last 2 days, I have purchased another 100,000 shares to bring my cost basis lower. So to see the shorts get squeezed and the price hit $.60 would really mean we have beat them at their gain.
If you haven’t yet listened to the audio interview with Tom Ronk about the “Short Interest” in VVWT, I would strongly suggest taking 10 minutes of your time to listen to it. CLICK HERE TO LISTEN
After the close today, Viva put out a press release updating investors on the status of their new beer called “Local Uno”.
We're not there yet but today and next week should scare the shorts into another less competent pinky! Nice finish today really looking forward to next week.
I was starting to really question my accumulating at $.24 and $.22 but hind site being 20/20 looks good in the rear view mirror!
PLYCF News; New Wave and Playstar engage in final discussions to merge and create a dominant worldwide SMS corporation
Last update: 5/11/2007 5:07:00 PM
TORONTO, May 11, 2007 /PRNewswire-FirstCall via COMTEX/ -- New Wave Media Inc. (OTC: NWWV.PK) - is pleased to announce the framework for an agreement with Playstar Corp. (OTC: PLYCF.PK) to merge the 2 entities. Playstar shareholders will receive .8 of a share and New Wave shareholders 1 full share in the merged entity
The merged entity would fall under the New Wave umbrella and all financial audited statements of New Wave would be filed and the merged entity will file for an OTCBB listing once all paperwork is complete. Once the merger is complete the new entity will have a corporate structure of 334 million shares outstanding. There will be a shareholder meeting to increase the authorized to 400 million with no further increase needed for the foreseeable future. An Executive Stock Options Plan, Warrants, and a Performance Based Options Plan will also be announced after the merger is complete.
Stewart Garner, President of Playstar stated: "These are exciting times upon us, what we have created is the ability to take Playstar's multiple proprietary platforms and merge it with New Wave's joint venture partners throughout the world and create a substantial player in this growing sector. This merged entity will be worked on by our lawyers and we aim to close in the next 60 days. A New Wave, Playstar merger would allow both companies to operate under one roof resulting in streamlined processes, shared resources and a reduction in overhead."
When asked to comment on the merger Marc Askenasi, President of WagerPhone Inc. stated: "The ability to expand our global reach by adding new products to our portfolio is a great opportunity for our company. The New Wave, Playstar merger will assist us in achieving our financial and strategic growth objectives."
Any new developments within either corporation will be released jointly. Both corporations continue to work on business development and acquisition opportunities and look forward to sharing these developments in the near future.
New Wave Media Inc. currently has 137,000,000 restricted and 117,000,000 free trading shares for a total of 254,000,000 and the transfer agent is Transfer Online of Portland, Oregon. Total authorized is 260,000,000 shares. Playstar Corp. also uses Transfer Online and its authorized and issued is 100,000,000.
This press release contains 'forward looking' statements within the meaning of Section 21A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934 as amended, and are subject to the safe harbors created thereby. Such statements involve certain risks and uncertainties associated with an emerging company. Actual results could differ materially from those projected in the forward-looking statements as a result of risk factors discussed in New Wave Mobile reports that will be on file with the US Securities and Exchange Commission.
SOURCE New Wave Media Inc.
Dennis Burns, (419) 951-4842