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jdc It is hardly possible to predict with 100% certainty the week a future contract will be entered into,
renaissance It may be more fun while it lasts but a slow and steady rise usually lasts a lot longer than an almost 100% rise in a couple of days.
As far as I can see this letter is more or less a copy of another letter sent weeks ago.
ysung Both your allegations are wrong. For short-term traders who don't take an intereyst in the company and its profitability the float is very important if the bulk of those who buy shares had been short-term traders. For investors the float is of little interest. The market cap fully diluted, earnings peTr share and the anticipated growth rate in earnings per share are very important. We live in entirely different worlds.
Deaf I don't fear risk. I am not selling at this level as long as I assume the numbers from the contracts are correct. One way to value stocultks is to relate market cap to sales. If the profit margin is reasonably good and prospects are good too a market cap that is twice projected sales is fairly moderate. With sales of 90 million dollars just from chicken paws this would imply a market cap of 180 million dollars and with 5.7 billion shares this would result in a stock price of about $ 0.03.With other revenues might this number to more than double. It would seem dumb to me not to take this risk.
Long Are you not familiar with education in the United Kingdom over the last decades? Grammar school an alternative to comprehensives corresponding to hig school/first year of college in the US if my memory does not fail me.
Deaf Envious is a better word than jealous in this context.
learning Very interesting analysis.
Dear I own about 9 million shares. "Who Ever Owns More Than 999,999 Shares Of This Ticker Will Lose The Most If Not Sold Right Now." Are you omniscient ? What sort of inside information do you have?
Deat Nobody KNOWS if a stock is going higher or not. My assessment is that if I look a few weeks ahead it is more likely that it will be higher than that it will be lower. We are still waiting for more contracts and probably bullish information. The stock looks fundamentally cheap in relation to possible earnings per share during this year. 'the market seems to share my view.
Deaf There are also fundamental reasons for buying a stock. It may be cheap in relation to expected earnings per share. This may be the case even if a stock is overbought in relation to technical analysis anc charts.
Deaf "You cant make $$ by holding it too long or more than today ..." Completely nonsense. I bought 4.7 millon shares some weeks ago at $ 0.0011. The unrealized gain is substantial.
renaissance I have seen no change in Ameritrade after they were bought.
surfkast You may need a lot of popcorn. Your past predictions have been extremely wrong.
learning I agree it was not a big drop. I have the impression that some try to influence the closing price too to serve their own interest. Traders who want the pps to drop substantially may sell some shares and cause the pps to drop before the close and use to create uncertainty in the hope that the pps will fall much more the next day. There is a war between people who want the pps to rise and people who want it to fall.
peeved Ameritrade are very frindly and kind to interact with in my experience.
Heaven You need to be able to assess investment opportunities. I was unable to buy below $ 0.001 too. Even so, I have almost quintupled my invesrment.
Deaf Don't listen to self-serving traders who post to serve their own financial traders and who change their views accordingly. There may be some posters who do this here.
gcap.
I was not able to sell my shares by my broker uaing the normal way of doing in the USA. It was not possible to sell them using a limit. In the normal way I was expected to sell all my shares at once. Because I owned so many shares this would have depressed the pps a lot so I was able to sell my shares about 10-15 million at once on different days for å total sum of a bit more than 60,000 dollars. I later used Ameritrade to buy back a few million shares. The pps at one stage soared a bid above the pps bow. Gradually it moved down to whhiere it was recently. I lost some money by this. My impression is that Paul achieved nothing. I have no solution for your problem.
Penny2 The float is about 5 billion based on my impression over about 15 years.
Hold The float over 5 billion shares is not locked in a strict sense. But when more and more shareholders realize how stupid it has been to sell their shares more and more shareholders hold on to their shares as the pps soares and this limits the number of shares on the ask and the pps acts accordingly. The information about the company that is now available suggests that the pps may still have a long way to go.
Long I have mostly been in this stock from about 2008. The float and the O/S was even then roughly then the same as it is now. I actually owned almost one percent for the O/S for more than 10 years. When the stock came back from the dead many hundred thousand shares traded day after day. I know some source has stated that the float is about 500 million shares. There are I believe no other facts that support this disinformation. When the pps rose sharply not so long ago more than a billion shares traded.
silver
"there is NO WAY the float here is 5 billion....this trades like a 500 million floater". Nonsense. Quite recently more than a billion shares traded in one single day! A 500 million floater? Nonsense.
lovethatgreen Why are there more buyers than sellers today while a lot more shares were bought at the bid than at the ask yesterday? Your explanation is in a way correct but it is so shallow that it is obviousl
gosox Yes I remember those days. Today the pps tripled for some obscure reason. But the bid stays the same as before. I have looked upon this stock as more or less a bingo play. I have though assumed this is a real compny with moderate revenues. Perhaps that is too optimistic too?
Lovethatgreen I must admit it comes as a big surprise than the pps so far pops so much after the much slower rise yesterday. Are you able to explain why?
lovethatgreen You would increase your credibility if you change your character to become an honest person. You refer to an old post and you don't even present my statement correctly. You don't comment on my recent post suggesting that it would take good news to take the pps to $ 0.0050 today.
I think we would need a very big and profitable contract to reach $ 0.0050 on Wednesday.
renaissance As an investor and not a trader I see eye to eye with you.
Poseidon Hardly in my country. I had no no idea they were eaten by anybody.
down "I'm looking forward to a positive report for this quarter, and for the year, with earnings somewhere around .40- .45/ share for the quarter." That is very close to my guess for the third quarter. I agree that these shares look cheap. Nevertheless I sold my 2,000 shares about 3 weeks ago. I am up not much less than 100% in my new more risky investment. After having burnt my fingers in TMNA and TIO I will not recommend it to anybody.
Moreover, India appears to be a very dynamic country these days with a high growth rate. To me it seems very adcantageous to have strong links to india. China seems to be paling in comparison. The population is getting quite old. There now seem to be few big investment that make much financial sense any longer. There is a glut when it comes to housing with a lot of houses empty. There seem to be more railroad lines than what is financially sensible.
Pug That is a credible explanation why the pps of TMNA stayed pretty flat for a period while the pps of TIO soared. This caused me to sell shares in TIO to buy shares in TMNA, which turned out to be very stupid. I could have quintupled my investment in TIO.
Thanks for the information and a happy new year RD!
RD' I have the impression that Laxmi's optimism and confidence is now stronger than ever before. I assume there must be a reason for it.
Dear Laxmi,
I wish you and the people who work with you a very happy year too! I also thank you for your unflagging endeavor to reach your goals despite the strong headwinds you meet now and then.
learningthe truth The USA is a big exporter and Germany is a big importer of LNG.
I have read time and again that it happens by using Canadian brokers.
RD You aeem to have an extremely exciting futurhe ahead. I have another US investment that I have not mentioned before because I am uncertain whether that too is a scam like TIO which claimed to have a big substantial business modernising an aspect of farming by using smart phones for various purposes. SPZI which came back from the dead after more than 10 years generated a profit of about 60,000 dollars for me. Its new business venture failed and it became a shell once more. Suddenly the pps was up 10 times because of a reverse takeover by a Korean businessman named John Park who had several ongoing business. I bought 9 million shares - the O/S is around 5.6 billion. So far I am up about 130 in a few weeks. If the information John Park has publisned about his businesses is not false I think the pps could at least triple next year to more than one cent. That would mean about a 7-bagger for me.
RD Your numbers are awesome. I guess we will see in some months if there is a gap between projections and what happens.