Back, for a limited time
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.
Perhaps "our friend" is shorting? Sure seems to have quite a supply for a seller...not to mention terrible timing.
Gap made on 5/23 filled at .0023. Should provide some support here.
Hey...
You people get out of here and get a life already! Only those of us with no lives, like myself, should be here. Now go...
I don't understand how you come to the conclusions you do. Care to go into more detail to logically explain your reasoning? And, so we can all join in your excitement, how about some verifiable sources for the following posts:
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=29477574
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=29478594
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=29483026
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=29483157
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=29486432
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=29501551
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=29505347
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=29533612
Thanks for your continuing DD.
I decided to dip my toe in here at .02. Only filled 10100 so far.
machcobra...
Welcome to the club my friend. If you go back even just a week into the history on this board before the P&D crew showed up you could have read numerous posts from various long-termers who are frustrated as hell with Sam's lack of communication. He has all but stopped speaking with his staunchest supporters and even some people he knew before he even got involved with this company, from what I have heard.
The (potentially) good news for you is that you put your money into something that does have the possibility of being a real winner. You just might not find out anything about it until you've driven yourself half, or even completely, mad trying to get a crumb of info about it. Stick around a while and you may see what I'm talking about.
(I may actually be the nuttiest of all, because I've managed to convince myself that the silence is a good thing and have grown quite comfortable with it).
Take care.
Rich
As a matter of fact I am talking about both of you...and a few others here!
Off to bed for me.
I always follow the smart money Brent! Nice to see you here as well.
Rich
I honestly don't know lazyeye. I can speculate but that's not worth anything. Perhaps Sam has been able to cover his tracks even to the extent that your sniffing abilities couldn't pick up a scent?? :-P
Sounds good to me. I like what I've seen so far. No worries.
Have a good evening.
No need to take offense, I'm not knocking you. If you happen to know every person who bought this in the .00's then my apologies...I just doubt that you know everyone who bought and what they are doing.
I'd like to believe that, but I don't. It doesn't matter though. Everyone is entitled to buy and sell when they choose.
If it's one person doing all of this selling they're certainly not too bright. Or, I guess they were smart enough to buy in the .00's and have grown impatient. Regardless, still waiting in the wings here.
Tanail...
The stock is currently twice the price that it's been trading for the past 2 months. I don't know that Sam is very market savvy but I imagine that, being in his position, he would have no reason to think that the price would go to .02 and that the opportunity to sell half as many shares for the same amount of money he would have gotten last week probably looked like a good enough opportunity for him. That's my best guess.
Rich
And, btw... some don't like to see dilution, but if you notice how it's been done you should come to the conclusion that nobody is getting rich lining their pockets with all the dilution money rolling in. I happen to believe that it's for business purposes. I just hope Sam tells us about it before I'm too old to enjoy the rewards!
I am happy for you, and maybe you'll get the rest of your fill. I've been keeping an eye on this one and like the potential now that there has been more revealed. Nice not to have a bunch of pump and crap being posted.
GLTY
Rich
lazyeye...
Sure would be nice if Sam is happy for now. I'd like to see SPRL make a GCOG kind of run. Then Sam only has to sell 1/10th the shares or less and finally be done. (And then I'll get my basis back on those .055 shares to boot).
Ah that's ok. Congrats on the fill!
Awww Brent did you just jump my .006 bid??
Rich
Anyone who has been invested in this company for a while and/or has taken the time to do even basic DD on it would have known that the CEO has been diluting shares. This information has been listed and updated in the Ibox for some time.
ADCS filled the gap made on 3/24 @ .0006. Nice add at .0007, from a technical perspective anyway. The company said that they would be diluting in their last PR, but I don't think they said how much. I bought a little today just to see how much of a bounce it would get.
I only bought 20k. I won't try to buy large as long as the seller/shorter continues to play this game.
Same thing that's been going on for a while, imo. I picked up a few more at .022/3. I'm done until the seller is finished.
Yes it is.
Now I'm putting you back on iggy so as to stop adding to your clutter.
A PR saying that operations have been ongoing for some time and that the company has revenues would be even better.
A pink sheet with 100M O/S and potential that was PR'd today? I don't know what planet you're from, but on this planet in this market this company is certainly worth a buy and hold at this price, imo.
Didn't see it in real-time but in T&S. Now there's 2 on the .023 ask.
I agree with you. Thanks for the update. Just a suggestion, but you might want to list the increases in OS and float with the dates. 100M A/S is nothing for a pinky so no worries.
None that I know or have heard of. Don't know why people would use a broker that pulls that nonsense anyway. I dumped Ameriturd and Eturd for doing that crap... among other reasons.
Thanks for sharing. Doesn't surprise me. Unfortunately, it never does.
As far as my understanding goes, our shares are still valid, we just are no longer a publicly traded company.
I've been trading and occasionally investing in pinks/otcbb's for about 8 years now. At this point I go into every position with the assumption that there is a short. It's rare that there isn't.
I don't care if I upset people by posting about a potential short if I observe what looks like shorting going on in a stock. People who don't like to discuss all viable possibilities are the ones you see posting on the same boards for years after they lose all of their money as a result of their desire to ignorantly bias their view toward the positive. That is a stupid attitude to have in this arena where so much is working against the companies and the shareholders. Having said that, I have also learned not to post much anymore if I do see a short because most people don't want to read anything about potential problems. Most just want the happy view, so I simply do what is necessary to save my own ass and let them have their experience. I don't understand it, but it seems a lot of people don't learn things unless it's the hard way, and even then I'm amazed by how many don't learn and go off to repeat the same mistakes.
At this point I'm not convinced that there is shorting going on here. Right now it looks like just a couple sellers wanting to unload.
Sorry for the long, somewhat off topic post.
Miagi: If you check the Ibox, the mods do a good job of listing the most recent postings of those who call the TA for dilution updates.
As of May 15th, 2008 the O/S is 695,870,591
After today's PR, I would think the buyers wouldn't be so scared. Personally speaking, I've got a decent position here now and am content to be patient. I'm happy to have these sellers "scare" the price down to allow me to get even cheaper shares...if the sellers are *anxious* enough to do that. (Pre-edit I had said "dumb" in place of "anxious", but if the seller(s) are selling here with a 10 bagger or better then I guess I can't really say they are all that dumb, although they sure had an opportunity to do much better for over two months prior).
Another possibility that is always lingering in my mind when dealing especially with pinkies/otcbb's is our friends the shorts. Seems we have at least a couple representatives from that party hanging around here, of course it's difficult to know for certain.
.00875 was the 50% retracement of yesterday's candle, so no big deal on the low volume drop.
.0074 is the 50% retracement of this whole uptrend from .0028 to .012, with .0063 being the 62% retracement of that range. Those are viable price ranges to watch for lower support, imo.
Possibly a couple retailers competing for the top of the Ask. I've been watching this for a couple weeks now and, a couple days ago, put in some small sell orders myself to see what they would do. As soon as I put my order in they would move theirs so as to position themselves above me on the ask.
The news today is obviously good, but drilling takes time and traders don't like to wait that long for results. My guess is that there are some impatient longs/swing trader types that have been taking profits here. Regardless of who it is, they've apparently got a pretty decent sized position to unload.
Imo, of course.
Lazyeye:
I can appreciate your response and I think you know that I respect you as one hell of a DD bloodhound. Believe it or not I am also upset about the lack of communication. I have made it known on this board that I have 708k shares at a basis of .055 in cert form. If I had it to do over again I would have taken what would have been a considerably smaller loss and waited for lower prices. That was my mistake and I own up to it.
So I do empathize...believe me! I just don't agree with, or see the point in or benefit of, the incessant posting which is basically bashing the past mistakes and poor and/or ignorant choices made by the company leaders. If you remember, that is the reason I chose to shut down the private message board that I created what seems like a decade ago. There were some that just wouldn't let it go after they were given the opportunity to vent. I believe that we communicated about all of this and you were in agreement with me.
I'm sorry, but I don't see any possible productive, beneficial outcome of these posts constantly bashing Sam. If you or anyone can show me what I'm not seeing I am certainly willing to look.
I've pretty much said everything there is for me to say in recent posts, so from here on in I will only post when I have something constructive to share, instead of adding to the muckity muck here.
Rich
And why does the drowning man drown? Because he flails. Why does he flail? Because his mind goes into a state of panic as a result of expecting that he is going to drown, when in fact if he were to calm down, gain some rationality, relax a bit and tread water or swim, he would be fine.
You my friend have been posting here as the flailing, drowning man. Why don't you relax and give it a rest? You've made your position abundantly clear here and, in the process, have probably sabotaged any trust that Sam might have had for you in some of your posts here. You sure are going to look like a fool with no credibility if the company ends up revealing something big that has been in the works that they could not discuss until it was done. Are you so blind now as to not even see this as a possibility?