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I have been in SEWC a while. It's a good company, a real company that makes revenues. They have always had issues with dilution and no press releases. Yesterdays release was the first I have seen in the 2-3 years I have been trading this one. Not sure what to expect, but it definitely has potential to go big...
hey, just posted that a few weeks ago, I wasn't far off... :)
how bout it, huh? finally! SEWC has generated millions in revenue every year, and always worked with big Hollywood players, for a long time now. Hope they continue telling people about it...
Well, if that POS can do it, SEWC certainly can... SEWC has always generated revenues around $3,000,000 per year, and worked with major Hollywood films. Great to see them finally tell people about it. If DOMS backs off, should be golden...
I'm still holding MCTI, could go much higher...
Someone wanted out it looks like, but I will hold. This has more in it methinks...
SEWC!! Finally a PR!!
SEWC NEWS!!!! We have a bid! Watch this thing run like hell this week...
MCTI, watch out next week, this is a gem. 37mil o/s, $3.6mil in gross profits so far this year.
yep, next week should be nice, this one could go big with a lack of dilution, low o/s, and nice revenues/profits...
Nice one guys, no fill for me, too cheap...
The number of shares outstanding of the Registrant’s Common Stock, as of November 11, 2008 was 37,876,889.
Not a bad 10Q, amazing for a stock this price. $3,600,000 gross profit this year, get out!!
I'm trying for more...
Yeah, I am in. Have some at .0014 and some at .001. I like this one to do .004+ easy...
when is that thing going to stop bleeding, wow...
Tough to say. I think Ford is better becuase they have enough cash in the bank to get through the next 2 years. Also, they only had a ~$160mil loss in the last quarter, whereas GM had a ~$8bil something loss. Also, Ford motor credit profited almost $100mil last quarter. To me, Ford seems more stable, but it's hard to say.
MCTI getting the jiggles, watch it...
I flipped GM friday, bought back in today. Regardless of what the analysts say, I still think there is value here. It's a gamble for sure, but what isn't?
yeah, the bailout thing is interesting. you know the economy is in dire straits when the govt is giving out money like this. interesting times, indeed.
thanks man, rare trade for me, but these are strange times...
out of GM, nice little Friday flip, looking for re-entry...
bought a little GM down here, grim earnings report, but I think some sort of gov't bailout is on the way for the auto industry. not to mention they have GMAC, which will get gov't bailout money as well. might be good long term, or even a small flip...
old CMEG, what a piece!!
what's up fellas, no emails?
getting some action today...
pennies are tough right now, and you may have done a good thing selling MOVT at .0009. I almost sold there and decided to hang on due to the still low o/s.
I'll give you a few that I am watching and some that I holding...
MCTI around .002 or less would be nice
CAUI under .003 would be good
LXES .002 or less would be good
SGLS (I'm in at .0003)
XHUA (In at .001ish)
flatline... watch it wake up here soon...
MM's are moving all over the place, trying to encourage selling it appears...
couldn't answer your PM, yes, still in, haven't sold, I have thought for some time that there is great potential here, still think that. BTW, .001's up...
still holding, I'll wait til hell freezes over on this one, I am not selling in the trip zeros...
DOMS backed out to .002, if we have another high volume day it should take off...
hopefully it keeps going, it should, it's getting a lot of interest...
kept all of mine today...
Wow, no kidding, getting some well deserved attention. Let's hope it continues, I haven't sold a single share...
This thing gonna finally run? :)
I have so much of this piece now that any movement makes my account change significantly. LOL. It would make my month to see this hit just .002...
WLSI went from .0005 to .045, so anything is possible...
you guys are hilarious!
Let's hope it continues, it was acting funny today, hopefully it goes...
yeah, we'll see what happens, I still feel like it isn't over, I hope I am wrong. Just gotta find the runners in between...
XHUA getting some jiggles, bxa locked at .0012...
Agreed, the CEO's of these POS companies will be hit hardest, not only due to lack of a liquid market to trade their POS stock in, but also due to lack of credit availability.
After reading that blog post you posted, and looking at the volume over the last few weeks, it's easy to see that there are very few market makers, if any, playing right now. There is hardly any volume, and when there is, the stock does one of 2 things. One, it runs a little then gets killed early by profit taking, or, it gets pummeled to death and doesn't come back due to lack of volume/interest (aka no MM's to buy it and keep a market for it, and not enough traders to make a market of it's own naturally).
Look at SEWC for example, it's been totally demolished, there is no one to buy it and absorb the dilution, it's dead. Same thing with KNOS; dead. I haven't seen stocks just die out like that, ever. This is a very different penny market for the time being. I heard that this happened after the tech bust around the year 2000 when the big boards died, and took the penny market with it. Looks like it's happening again.
I'm starting to face that it may not be the way it was the last couple of years, for another couple of years. There will still be some good plays here and there. We might even see a resurgence of organized trading groups (no MM, they can make a market themselves) We'll see.
It will be reborn someday, but right now, it's just about dead...