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My friends, I bought ECDC about 4 months ago. Is this a stock I should sell by Friday and make a quick profit? or should I hold it for 6 months more to a year? any thoughts?
I never talk dirty unless I get paid for it. I have ethics. LOL. In any case, if this situation in Greece turns south big time, the general market could really tumble. I am collecting as much cash as I can right now to get ready for the big bust, if and when it comes. I think the next 90 days will tell us the story. I hope TDCP will not be affected. Usually penny stocks are not affected by big moves in the general market--but this time it could be different. No matter what, I am not selling my current shares of TDCP. If TDCP and my other penny stocks go down with the general market I will buy additional shares.
ROFLOL.
No hard feelings. I am in a fiesty mood today.
That is my thinking too.
I am sorry my post makes no sense. I will try harder.
I agree. A r/s at .02 would be the pits. To me a r/s is only worth it if it takes the share price to $1.00+. I do not understand Brother Sids thinking here. I will admit, he knows much more about stocks and finance than I do or could ever hope to know. But a r/s resulting in a stock price below $1.00 is a new one on me. In any case, April is long time off. Surely by April something good will come out of the oven. Maybe a false rumor will get started that a buy out is coming? or maybe President Obama will decide to include TDCP is his American Jobs Act and bankroll C-Space. lol.
I see your point. $600,000 in Total Assets and over $27 Million in Current Liabilities. That is NOT good. President Obama has a better balance sheet!! I do wonder however about the market value of the patents and potential patents? Those numbers do not show up on a balance sheet anywhere. The patents and future patents now in the pipeline could be worth $100's of millions of dollars if things fall into place. In any case, I am not going to deny the current numbers look bad.
Madman, based on the letter issued by TDCP on September 27, 2011, TDCP is prepared to do a r/s even if the current stock price is only .02. Indeed, Brother Sidney, our CEO used the number .02 in his letter. TDCP is willing to accept a post r/s share price of only .30 to .70. His explanation for why a share price of .30 is vastly better than a share price of .02 given it will require a r/s was not persuasive. If Brother Sidney wants more investors he needs to get the share price $1.00 and above. I would think someone with his talent would consider a better method to raise the share price to .30 or .70 is to do something impressive like come up with a marketable product. So far our Brother Sidney has not shown much. However, he is a talented individual and I am willing to given him the benefit of the doubt. TDCP has a golden egg just waiting to be hatched. I trust these new guys will not screw it up.
Again, if TDCP falls into the pattern of most stocks, the r/s will not occur until April 2012, close to the deadline set in the proxy. Management likes to give as many investors as much time as possible to learn about the r/s.
The vote to permit the r/s is on October 15th. The deadline to actually do the r/s is April 30, 2012. See the mailing dated September 20th. Most companies will not do their r/s until the last possible date. They wait until the very end to give time to investors to get out for those who want out. They give as much time as possible so as many investors as possible will learn about the r/s--especially the new investors who are buying now and the next 90 days. Thus, if TDCP is like most companies, the r/s will not occur until 7 months from now. TDCP's current stock price does not reflect the r/s effect. I have seen small penny stocks go up 100%+ or more 30 days before a r/s. Penny stocks are so volitle that something 7 months in advance is an eternity for them. Many investors think the current low stock price is due to the r/s. I seriously doubt that. Most penny stock investors have a 30 day horizon and few ever read official communications from the company concerning a r/s. The current TDCP price simply reflects low demand for the stock. Between now and April 2012, almost anything can happen to TDCP. Seven months is a very long time.
Thank you. LOL. RIP.
Pre r/s shares are the 50,000 you own now. All of us now own pre r/s shares. There is nothing technical about this and it is easy to understand. I must have made it hard to understand, sorry for that. All shares in existance just before the actual r/s are pre r/s shares. You can sell your pre r/s shares anytime up until the actual date of the r/s, which will not happen until sometime in 2012. Thus, you have lots of time because I don't think they intend to do the r/s until sometime in 2012. But be advised that any shares you do not sell and hold on during and through the r/s process will be converted into new shares. You will own less shares after the r/s--somewhere between 15 to 35 times less shares. I hope this helps my friend. Call your broker and ask about r/s work.
A Warning: for those who intend to hold some or all of their TDCP shares through the r/s, please take notice. It could take weeks or months before you may be able to trade any shares held through the r/s. Most firms like Scottrade will not allow you to sell your pre-r/s shares until the new shares are sent to them by the company. In this case that would be TDCP. Outfits like Scottrade, Ameritrade etc. have no control on how long it takes for the new post r/s shares to be issued. Of course, you can buy/sell any post r/s shares you have at any time. Just be aware that your money will be tied up for some time after the r/s. One good question to ask TDCP at the meeting in October is: how long will it take TDCP to issue the new shares after the r/s? Will they send the new shares to Scottrade and Ameritrade, et.al. at the same time? etc.
Thank you Sir.
I am disappointed to hear that a reverse split is in the cards. But I must confess that it is not unexpected. A Billion plus shares is not good for our capital structure. I think it is important to consider that if a r/s at TDCP occurs it does not follow it will occur at this price level–at .02 or thereabouts. A split of 35 to 1 at .02 does not even get to stock to $1.00 per share. Such a r/s has little or no value to the company or to new investors. I think there is a decent chance the stock could be selling at .15+ or higher by the time of the r/s. Here’s why. It is not unusual for companies to combine a r/s with some good news shortly before the split. Apparently, TDCP is on the cusp of going commercial [the incorporation move from Oklahoma to Nevada suggests this.] There are any number of news events that could propel the stock price much higher prior to the r/s– a deal with Boeing, or with a gaming company, or a FDA submission, etc. etc. A stock price say of .10 with a r/s of 35 to one would benefit TDCP as an investment stock to new investors. Thus, it is not a forgone conclusion that those who bought TDCP in the last 6 months or so will get burned by the r/s. If the stock goes up anywhere near the numbers I discussed, I will most likely execute a bifurcation strategy. Depending on the quality of the news, I will sell a certain percentage of stock and hold the balance through the r/s process. Generally, stocks go down after a r/s. Unfortunately or fortunately depending on how you look at it, it is not certain that this will happen to TDCP. TDCP is on the cutting edge of new technology. The stock may not go down that much after the r/s. If TDCP was an established stock with an established product on the market, we could expect the stock price to fall 50%+after the r/s. That may not happen. Thus, I will keep enough shares in TDCP through the r/s in order to share in the wealth the company will generate in future years. I will know a lot more after the October 15th meeting concerning how many shares to hold and sell at that time. If anyone is going to the meeting, if you are willing, please let the iHUD board know. There are some off the record questions I would like you to ask–if permitted.
When a stock spikes up hard and fast by 54% for no apparent reason-- it usually is a bullish signal. Yesterday's move by CMEY was important. It suggests that CMEY is heavily oversold. The pressures that have been keeping the stock price down are weakening. Virtually, anything can send this stock to .05+ in an instant. There are a number of triggers that can do it--from a patent approval or application, a new business contract--even a false rumor of a buy out. Given the superior technology CMEY has, I am surprised the company has not been bought out by one of Google's competitors. Even a bank which is not in the cell phone business could benefit from CMEY. Frankly, I hope the company is never bought out. I think I will make more money as an investor in the company. One thing is certain. This stock is going to be exciting to watch in the next 6 months. Good luck to all.
To have only a 7% drop so far today after a 54% rise yesterday is a very good signal for CMEY. This is very modest profit taking. I sense CMEY investors are holding on expecting higher prices for the stock.
Apparently, a lot of interest. I must confess, this stock should have taken off a long time ago. CMEY has dyanmite technology. I think it is a matter of time before the stock just skyrockets.
In the last quarterly report they revealed important stuff like the FDA submission. However, as this is Aroesty and Dunstan's first 10Q, I think they may have decided to be very conservative. Given that both are new to the company, I think they have decided to be very stingy with the kind of things that would excite an investor. One thing new guys don't want to do is over promise and I think that is what is happening here with this 10Q.
Thank you for the update. I must confess that the 10Q did not reveal much. I was hoping for more definite information concerning the FDA submission or some update concerning an alliance with Boeing etc. Of course, I read through it quickly. I will look again this weekend. Again, thank you for letting me know about the new 10Q.
Clearly, our new Interim CFO is a good signal of better things to come at TDCP. In the last 10Q, TDCP stated that they intended to make a submission (CSpace) to the FDA by the end of this year. Hopefully, we are still on track for that. We should find out TDCP's latest plans any day now when the new 10Q is issued. It is due out this week. With the large number of Common Stock shares outstanding and growing, I am lowering my TP for TDCP. If Ameritrade is correct, we have 1.1 Billion shares outstanding. I think my TP for the end of this year for TDCP of $2.00 is a dream. Nevertheless, I still believe TDCP's Common Stock will skyrocket this year--but not as much. Of course, I would love to be proved wrong. Good luck to all.
Let me try reading your comment with my glasses on. lol.
Ok, now I understand. In the future, I recommend you put a question mark and ask a question. You simply made two statements and did not ask a question. No harm done. Good luck.
Please accept my apology. I do not understand anything you said about a Triple Play but whatever it was it sounded good. ty
I do not understand your comment. First you say there is a "difference" and then you say they are the "same". Please explain. ty
layahillary at the Yahoo board shared this valuable information concerning TDCP and 3D technology. I have cut and paste it for your use.
3dtl- Appears to private
http://www.3dtl.com/page9.php
http://www.teleportec.com/company/index.... Conferencing niche- Private
http://www.actuality-medical.com/Home.ht...
http://www.opticsforhire.com/about-us.as...
Joint/private (INTERESTING Description of medical apps
Ethereal Technologies- Interesting
http://www.eonreality.com/news_releases....
Zebra Private- Printing niche
http://www.zebraimaging.com/
Felix- Research outfit?
http://www.felix3d.com/web/index.php?set...
http://www.holoverse.com/- Same
Sharp- TV's etc
Looks good.
even Scottrade has this nonsense going on. Bid is .02 ask is .0165.
On Ameritrade, the bid is higher than the ask!! How can that happen? At this moment, the bid is .02 and the ask is .017. It has been that way for several minutes. Anybody have any ideas how that can happen? a groof by Ameritrade?
Times are tough. I know how disappointed everyone must feel. But please remember, only the stock went down today. The company itself is doing great! In fact, the best days are ahead for TDCP! Consider the following facts. 1) TDCP is in forefront of a new technology–CSpace–which is destined to change business, medicine, government entertainment etc. in ways never dreamed of before. Eventually, CSpace will have an impact close to what the PC has had on the American economy. Our life will change. 2) TDCP has a great management team. Our CEO, Mr. Aroesty is a Triple AAA manager. A winner! 3) TDCP has a very good balance sheet. The company is not going any where. There are no major debt problems. No creditor can put us out of business. 4) There are no lawsuits filed against TDCP. This means there are no legal minefields that can permanently harm the stock such as a patent infringement. TDCP is in the clear of this kind of problem. Everything is positioned well for TDCP. 2011 will be a great year for TDCP. Be patient. Be confident. You will be rewarded.
Good morning TDCP investors. The bad news is that the world is coming to an end. The good news is that it will not happen today. TDCP went down in early trading but came back nicely to .0179--up 5.29% at this moment. We should be hearing from TDCP soon in a 10Q. I expect to hear something good from our new CEO, Mr. Aroesty. Mr. Aroestry is associated with stocks that win big and I think TDCP will be no different. Stocks often do wild things shortly before they release of their quarterly report. It would appear TDCP is not an exception and it finally broke .02. Let us be patient. We are not far from some good news. Keep the faith!
This market today is like a yo yo. I cannot tell if it is the end of the world or if it is 'morning in AMerica'. Bank of America at one point was down 6%.
I agree the clock is the real game in this stock. The CMEY product is a winner and in time there will lots of pay dirt for anyone who is patient.
Whoever sold me CMEY stock today at .0141, thank you very much.
Well, we just had an uptick to .0198. The good news is we are ahead of Bank of America and Citibank! lol.
There is a possibility that someone is manipulating TDCP's stock price at the moment. The first trade for the day was 200 shares at .0195 or $3.90. That is an absurd trade (of course it could be part of bigger order but still who would sell only 200 shares?). The trades are very odd today. If the stock goes down to .01, I plan to start buying big time.
The Dow is down almost 350 points at this moment and TDCP has hardly been affected. I have said this before many times. One of the advantages of penny stocks is that they do not follow the general market. Penny stocks are already battered down so much that they will not fall further when the general market crashes. Today is proof that this is true. Of course, the converse is true as well. If the general market is booming, penny stocks usually will not follow. Right now millions of investors are taking a beating in the general market. Thankfully, investors in penny stocks like TDCP are largely immune from the down turn.
I hope TDCP does not get bought out. But I must admit that the gaming/entertainment companies might be very interested in CSpace. If TDCP is sold, you can be sure that we will never get the kind of returns we can get if we hold on for 6 to 18 months. However, there is a big problem with buying out TDCP and that is OU. I am not sure they would be interested in TDCP going in that direction at all. It would be a big change for them. The GDP number was real bad today. Between a bad GDP and the August 2nd crisis, we might be headed for a double dip recession. I would hate to see that happen. It would mean a lot more human suffering in the USA. Level II for .02 looks very solid. It appears we would have to really bust wide open to break below .02 today.
Idzi, I think you are making a substantial error. Your interpretation of the last transaction of 300 shares sold today at .014 is incorrect. That was not a bearish signal. It was a very bullish signal. What is important is the fact that almost no one was willing to sell their CMEY shares for .014. Level II indicated that at least 10,000 shares could have been sold today at .014. After the initial 25,000 shares were sold, someone wanted to buy 10,000 shares of CMEY for .014. That offer stood for the entire day. However, only 300 were sold at that price. CMEY investors know that if they hold on to their shares they will get a much higher price in the not too distant future. Level II indicated that investors were not willing to sell their CMEY shares for nothing less than .0175 or thereabouts. I do not see a bearish signal today at all. I do not think we will be in this price range too much longer. Idzi, traditional technical analysis for stocks that you like has very limited value with penny stocks. Penny stocks are so beaten down--they have lost more than 98% of their value-- that technical analysis is almost worthless. A day to day observation of penny stocks suggests that they are highly erratic and highly unpredictable. A month to month look at penny stocks is not much better either. The best predicator for a penny stock are the fundamentals. If the penny stock has a good product, good management and a somewhat decent balance sheet (most are horrible) that is the best guide for future stock performance. Fortunately, CMEY has an excellent product, a superior product. CMEY is headed higher, mucho grande higher in near future.
Good morning TDCP investors. July is on its last legs and August is just around the corner. Something must be going on at TDCP. It's just too quiet. We know the weather is hot in Tulsa and I trust the management at TDCP is hot too (i.e. they are busy getting CSpace ready to go commercial). Looking at Level II, it appears that TDCP has little to no chance of going below .02 anytime soon. It also appears that we will need some news before TDCP will break .03. In the next financial report, I hope to see something about that FDA submission which is scheduled for this year. Boeing just got a big order from American Airlines. Some news from Boeing concerning that Letter of Interest they have with TDCP would be welcome too. TDCP has a lot of things in the mixing bowl. When the Quarterly Report comes out, it will be interesting to see what if anything our new CEO Mr. Aroesty has to say about our stock. Some CEO's are tight lipped and some are more generous with their information. What type is Aroesty? I guess we will have to wait and see. If you need a loan, I recommend you apply before August 2nd–before the rates go up!
You are right. Friday is a good day to pick up shares. A lot of people sell on Friday for one reason or another. But I had that order out there for 6 or 7 FRidays and not a bite. Also, I had my buy number set for .0155--but I got .015. That is known as Extra Sweet and Low.!!lol.