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All those shares appearing is a good sign that a PR is coming. If it holds true to form, this time it runs. Or...it might have finally disappointed too many. I think there are still plenty who have fond memories of previous runs who will show up and pump this one, yet. Good Luck.
Excellent points and a special dividend of over 50% at current prices NEG\PRPM makes this the place to put any spare change you get. (If you can get shares at this level, that is.) I have seen so many companies just ignore shareholders, especially in the pinks. These are great guys.
I am certainly not trying to bash this stock. If looking at things as they stand raises doubts, then they are things to deal with, allow for and move on from, hopefully to better understanding and acceptance. I see that you are familiar with the limitations we face here. The next time a PR arrives, and it doesn't generate the buzz or enthusiasm that we would like it to, a few lowered expectations now will pay off. I am not fond of the sell-on-news phenomenon, but it is born of the knowledge that, with hype, you get a temporary bounce and then a retracement. It's not always some CEO just dumping into the news but that also happens, so news often cuts both ways. If the IR people feel gagged and release news that looks like hype, for lack of details, shorts and critics will take advantage of that.
It is indisputable, IMO, that the last run was pumped and trapped some people who will now feel discomfort. It will also have lost us some long term investors going forward because it looks, externally, that we can't hold onto gains. Those gains were manufactured on the cheap is why, not through hard work but by day traders who could care less about the company or the people they sold those expensive shares. Selling to one of them and putting the profits back into shares here is the best way to ameliorate the damage, but even then the company and shareholders pay longer term for a pump and dump.
Everything matters, even exploits that are used to obscure the truth. The CEO is using accountants to muddy the water and much more is being hidden from potential investors.
Too Much Risk Here. You have to look deeper to find out the truth about the way this CEO does business. The answers you need are not on this board. There is a reason the stock refuses to climb back to previous levels and news is not expected soon. The CEO and his accountants are not your friends. He has issued billions of worthless shares and needs to hide the bodies here. Beware. Take some time and trust only the DD that you do, not what is spoonfed.
OVER 9 BILLION SERVED! This CEO is not to be trusted. He is a chronic diluter who can take a company to no bid without batting an eye. The audit was finished almost a month ago and this price is only supported by a concerted effort to keep it artificially high. The money left to keep the current price level will run out without notice and the price will decline as interest leaves. Today was a good sign that investors are wary of this stock. Only short term interest will show up occasionally.
It is fair, I believe, to point out that low floats are not necessarily in this guy's nature. It's not like I am saying that he is diluting. (here...yet) I prefer to stick to the truth, all of it.
I just hate that idiots calling the customers has convinced the IR people to not be as transparent as in the past. That will be a fog on the news for some time to come. I bet it was some guys who never even bought that were doing it. PRs on completed projects would be nice and safe. Well, so you would think anyway.
Not really, and manipulation occurs both ways. You can't just claim the MMs and bidwhackers are taking it down and ignore the trade group, in front of your eyes, slapping the ask. (forming the chart btw) Guess who has the edge, in dollars, shares and objectivity. They know a pump when they see one and it is like blood in the water. Who is doing the "ASKing" after all? Like I said the buying is your support...Like you said "Recently". Is the pumping leading to higher lows or are investors being led to the slaughter?
Audit was done almost a month ago at which time it was .0009. That was the news on this stock. It is surprising that it has held up this long. Nice the way a few traders can bounce this around. As long as they can keep buying they can pass it off as support to those who haven't been watching. Might even get another golden cross this week. I hope you get your news but since he never issues PRs, I would weigh it well before holding for another dip. Good Luck.
Investors want more than a flop off of a Golden Cross (that ship has sailed) and a CEO with a company in no bid to risk their money on. Day Traders are not typically called "stronger hands".
That is not a problem with this stock, it is a problem with the mechanics of a Pump. Without the trade group piling on and making an artificially high PPS and causing unreal expectations the news would have generated real gains. Just have to wait a long time for those things to wear off. Key here is that those the Day Traders trapped with their antics, don't lose hope and know that we will come to meet them eventually.
I wish all of these PRs weren't arriving just prior to the R\S. This one today is really badly written. Are these guys pumping or just oblivious?
http://www.microcapmarkets.com/newsbody.jsp?id=1287405012217_25139&market=OTCBB&ticker=NA
Put it in a sticky so you don't have to say it 10 times a day. I vote for drifterfcrc for assistant Mod!
My apologies for the stalking. There is a reason that he doesn't know that the CEO here is a woman. Observe....
My post:
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=55632358
SpunjHamr Member Profile SpunjHamr Share Sunday, October 17, 2010 3:35:33 PM
Re: Finra post# 16848 Post # of 16893
This stock is a Pump and Dump, the current price is not low, the chart is meaningless as it is subject to the concentrated ASK slapping of the actors here. Don't get caught holding when the majority move on, and take profits for Heaven's sake! The accounting firm is probably being paid off with shares that he issued to himself to put a shine on this thing. Don't expect a lot of PRs because he doesn't work that way.
Here is what one on this board said about his other investors:
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=55612576
Do some really solid DD before you get into this. Never invest on just what some guys on a stock board tell you. You won't get the full story that way.
If my opinions are disagreeable, please just put me on ignore. I am probably not addressing you anyway.
His post:
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=55633910
bobbydigital Member Profile bobbydigital Share Sunday, October 17, 2010 5:22:51 PM
Re: None Post # of 74627
This stock is a Pump and Dump, the current price is not low, the chart is meaningless as it is subject to the concentrated ASK slapping of the actors here. Don't get caught holding when the majority move on, and take profits for Heaven's sake! The accounting firm is probably being paid off with shares that he issued to himself to put a shine on this thing. Don't expect a lot of PRs because he doesn't work that way.
At first, it was just a single post to mention some DD that I found troubling as a potential investor. I realized that nobody would ever see it. That confirmed, for me, that what appeared to be a fundamentally or even technically based rise in PPS was actually artificial and depended on trapping those who were not privy to what I had seen. It became a matter of conscience not to just walk away and let the deception continue to snowball. Every time I turn to walk away a new bunch of wool is pulled over the eyes of those just arriving. That is the God's honest truth.
Add in the element of other investors who trusted this CEO in the past, who are suffering deeply now and looking to you people to save them and it makes a very ugly picture. It is really up to all of you to show me how to just leave, (all that I wanted to do in the first place). Just don't deny the truth and we can all rest.
Exactly! Trade group targets small to medium float and slaps the ASK to get it up, takes profits, withdraws and waits out the retracement leaving unsuspecting longs wondering what the heck the company is really worth. You apparently DO understand what a Pump and Dump is. Grats!
Those longs become distressed at the failure to deliver the big gains they envisioned and capitulate leading to the falling knife syndrome back to and usually below the previous base where it is pumped again but never as high as before, destroying confidence, thus leading to a flatline and eventual descent to no bid.
Yeah, now you see how it is. That is a standard trait of Pump and Dumps. Made my point for me, perfectly. Do some DD and find out what you can never learn here.
I try to see the evil and the good and not hide from any of it. I like the people here a lot more than the stock so I certainly don't want them to lose any money. The best way for that to occur is if it is regarded honestly and not just with one side of the story. Take profits and don't catch a falling knife.
I was researching another Florida based stock the other day. The CEO of that stock was just like this guy, with a few more PRs. He went into involuntary bankruptcy and then spun almost a dozen entities that the shell owned off into individual companies without paying his investors a cent. GEGP is being cannibalized to feed the machine of his other stock. Unless you stockholders act quickly, he is going to pull it off by cooking the books.
This stock is a Pump and Dump, the current price is not low, the chart is meaningless as it is subject to the concentrated ASK slapping of the actors here. Don't get caught holding when the majority move on, and take profits for Heaven's sake! The accounting firm is probably being paid off with shares that he issued to himself to put a shine on this thing. Don't expect a lot of PRs because he doesn't work that way.
Here is what one on this board said about his other investors:
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=55612576
Do some really solid DD before you get into this. Never invest on just what some guys on a stock board tell you. You won't get the full story that way.
If my opinions are disagreeable, please just put me on ignore. I am probably not addressing you anyway.
They deny that GEGP even exists. Nothing makes the group of pumpers on that stock madder than mentioning this one. If you want satisfaction and a piece of that pie, you will probably have to twist some arms. I suspect that the "fully reporting" news is more related to burying your corpse and recycling your funds than actually becoming transparent. He never does PRs about material events just does touches a few accounting bases. He claims to be paying for the audit out of his own pocket (on the phone) but he has a history of paying in shares. Probably means he is issuing himself shares to use to pay the accounting firm. If you want a fair shake, you probably need to go the IRS avenue.
Sorry to say, but they call you a bunch of bagholders who got suckered in by silly pumpers. Pot, kettle, black. That group will move along soon, leave behind a bunch like you and that stock will drop back to trip zeros. It is already faltering. They got a few TAs on board with a MA crossover last week but that will fade.
If you make screwing you over a big enough deal, Francis may see the wisdom of giving you something for what you have invested here. Better act fast, though, once he files it will be a punitive game rather than a negotiation for what is due you. If he gives you a fair shake, his new (in name only) venture may suffer a bit in the short run but it would be a net positive for the reputation of his businesses in the long run. IMO, He just doesn't have what it takes to break his pattern and become an honest guy. It is up to you to persuade him while the persuading is good.
Do they have sun in Chicago? LOL. I know all that wind and ice would rip some stuff up so it could be a real revenue producer if anybody used it.
I am with you there and holding and hoping for some other trades to finish up before the date so I can get even more at this level. Even if it pops a bit I may sink a lot more of my portfolio into this. Damn, we need a spark or two in the economy to make so many great little startups into real companies with plenty of business. I would like NEGS to take advantage of this administration's penchant for green projects, it has just screwed the pooch so bad that they are afraid to fund as expected.
Good Luck to All
Aside from the fact that the herd migrates and shorts notice pumps and extract a bit of profit from the inevitable retracement, this is a solid stock and should settle back into the channel that it was in pre-pump as soon as it bounces around a bit. If they pump it too often we risk raised expectations of ridiculous levels and it will suffer but that hasn't happened yet. Maybe allow a couple of tics for all that doom and gloom real estate talk last week. In fact, with some new investors that saw something they liked during that last pump, it should be a touch higher than the old base. I am not fond of the "term dead cat bounce" but it may make a little jump this week if the market is happy. Try not to get too enthusiastic and be trapped in higher than it is now.
Some will already have been trapped at higher levels but if they don't complain too much, it shouldn't hurt the short term growth. With lack of confidence in the economy and political and fiscal uncertainty, we may have about 5 or 6 anemic weeks ahead. Hopefully things will start chugging along after the elections and new contracts will materialize. Good Stuff!
Investors want to know the truth about this company and a Traders' Group cannot make a run for long all by themselves. There are many avenues into the metastream and I am already receiving messages asking what I know. More are awaiting my next post than are just wanting another blow by blow of the L2 which is the typical caliber of discussion here. It's a bit more difficult but rather than post and forget, it has become a project that will require some additional effort. Good Luck
Sorry I lost a bit of patience Friday, board. I wasn't calling all of you fleas. I was just playing off the analogy presented by our favorite poster. I can honestly say that I didn't expect mid-teens when I decided to hold for this long. I would have seemed like a total idiot if I had expected this at all and didn't get out to let it come down to me.
I can adjust my expectations, as we all should, based on the waning interest in this stock and the nature of the news it typically releases. That is the fickle side of the market. Stocks run hard on pure fluff, sometimes, with nothing substantial going for the company at all. We expect others to readily see what we do, as regards potential, but mostly they just follow the herd.
It is difficult to point the finger at revenue for STHG, due to diffused nature of the android apps market. Hopefully the project underway will alleviate some of that dissipation and draw customers from all over the world to the Stratton site.
Good Luck To All
I considered that and Monk's other picks, but usually had eyes off when they dipped within what I considered acceptable ranges. Got to watch those "Float Lockers", they are just traders with a gimmick. Seems that more than a few people are disillusioned with his glory hunting. Yep, this is an investment and in or out only depends on the current chart. What I mean to say is, lock profits on the News and Pumps and wait for it to calm down to buy even more, like now. It will grow in PPS over time if it doesn't see too much manipulation. Going to see the Pro Bull Riders in Mesquite, huh? Have fun.
Still got my bid in and looking forward to holding again. Not a damn thing wrong with this company, just warped expectations. It will do fine on fundamentals rather than pump and dumps if it gets a breather. They finally got it right...happens. Get over the grudges.
Lacking Transparency as IGSM does, I completely understand the confusion and frustration of those who got hyped into it. No material events filed on whatsoever to explain where the money goes or where it came from. Let's just hope that the accountants can create enough wiggle room to make the activities plausible for the questions being asked by so many. Good Luck
It seems to be a Spanish investment bank. What kind of question are you posing? FYI, nobody wants the truth, they just want their money to grow. Truth bites you in the butt and denial lets everybody pretend things are fine long enough to find a graceful exit or pump in some new trades. Well, I take that back, holders don't want the truth and would prefer that new eyes don't scrutinize it too closely. Yeah, that's it. I arrived here after it went no bid, while researching IGSM, his "kinda new" company, so I can't get in anyway and have no problem with the truth.
At first I thought that company was this company with a name change, (They change names a lot, it seems.) but it is much different than that. I think people here are holding their breath, praying that it doesn't get shut down before some kind of paper shuffle\share manipulation\reverse merger occurs and salvages something for them. I wouldn't rock the boat too much. The "other" company says it has completed the audit to become fully reporting and once they file a report perhaps they will do the R\M with this company, though nobody has specifically mentioned that company as the potential partner other than it just seems logical.
Almost a 50% special dividend on these shares at current NEGS\PRPM PPS!
Well, I said it, after much hesitation. I just hope those other poor guys aren't left out of the good stuff. My conscience is clear. I'm done.
I think that since the CEO of this company may conduct a reverse merger with his other company GEGP, which is in no bid at the moment, it is spot on topic. To Pacha, it makes me the beneficiary of a few days more DD than before.
BOTTOM IS IN! BUY! BUY! BUY! Give this dog a bath and wash these fleas off! Sell us your shares, fleas! We got a dog show to win! How did all of these fleas get on this board? Nothing worse than damn itchy fleas jumping around biting our guests.
That's what they do, alrighty. They love that .0001-.0002 range...for a week or two. Then R\S, and more shares come down the feeding tube. ...and still no product. That is why these CEOs move to Canada. People are too polite up there to break legs. LMAO
Sob
Sounds like capitulation here. Just do it and get it over with. Even the brokers are showing a bid of .0018 when UBSS is sitting on .0019. Shorts gotta cover. Give them what they want and we can move on from there.
http://finra.complinet.com/en/display/display.html?rbid=2403&element_id=9398
Quit teasing everybody to wait for your sells and give them what they want.
Yup, I AM a piece of work. My inability to comprehend is actually an acute ability to comprehend a person's true intentions. Since I am the one promoting a need for patience rather than merely trying to lower expectations, when confidence is critical, and I have been since the last run ended, I think assigning a degree to how annoying that can get is not an excessive liberty to take. Unlike some, I don't really see the enthusiasm here as all that excessive and, like I said, being so engrossed in tamping it down on a down day is what appears excessive to me. I think I qualified my statements very well and there is no need to oversimplify them or characterize me as shallow for stressing that nit picking is the "over aggressive" activity, in many cases.
And I know what a float lock down is, and I really don't believe in them except as a temporary ploy. The FLD guys tend to sneak off as soon as things get really good, just like any other traders.
When they say "locked down", they mean the Authorized Shares, just to spell it out for you. Read the filings. I see that you like to insist that everybody cites the minor details like, yes you can fricken' take profits and still be fricken' long. Geez! Yes, It is a fricken' startup and of fricken' course it exists to fricken' grow and are we fricken' boring everybody with so fricken' little going on? It takes some fricken' patience and belaboring the fricken' point is really fricken' patience draining.
He does what he says he will do, so if he says he will give us advanced notice of an outstanding share increase, count on it. The day he breaks his word, all of the fricken' passive aggressiveness won't be any less annoying just more defensible. If he was fluffing it might work a while. Traders love the action that PRs provide, but we leave ourselves open to the weak assed traders who bitch about the fluff because they can't keep enough plays going without trying to create action by depressing the PPS on a solitary little penny startup that some have put big bucks (by their standards) into.
Days get busy, people have more to do than just sit here and post perfect little messages about perfect little stocks and argue with perfect ********. So, IMO, letting them post approximations of the truth without harming anybody on a FRICKEN' down day, doesn't require some kind of didactic nit picking. GLTY
Damn, I need some coffee, I guess.
Well, they are probably right, then, because I figured it all out, independently, in one day without even reading the posts here. Sorry that you guys are getting messed over like this. I suspect, though it is hard to track down these things, that the other company had to change it's name because they had been overcharging retirees for home health care services and they had a settlement on a class action suit. (another possible destination for your monies) Since he doesn't file anything in the way of material events, it would have been easy to bury. I hate to go there and disrupt the run they have going but this really reeks.
I think he took the money out of this and put it in IGSM. He gave some accountants a bunch of shares to get creative and make it all look kosher. Now they are sucking that stock up like nothing ever happened here, talking about the low float and the promise of whatever. Meanwhile, he has made no SEC filings there and is doing all of his Investor Relations over the phone, just like here. I bet the "reverse merger" he is planing, is with that company. Tricky bastard is going to bury the bodies, keep you in here for next to nothing and steal your money. Up to us to spread the word and lock up something besides shares.