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*hides face*
*raises hand*
You gonna post something from 2010 next? That news was from 11 months ago.
Right now we're sitting pretty nice. Considering that the reverse split price was 0.20, we're now 50% higher than the open. Not bad, though with our shares locked we just get to sit back and watch ;)
Scottrade is showing 11 million in volume. It's trading fosho.
It's a very good thing if the company can keep their promises. I have a good feeling about this company doing exactly that. What sucks is that I'm going to sit here and watch this thing run way up and won't be able to trade it until Scottrade releases my shares.
Freakin double posts today! Out of control!
No, when a reverse split occurs whether 1/20 or 1/1000, your shares are divided by 1000, and the share price is multiplied by 1000. Less shares, worth more. So if you bought in at .0002 for say 1,000,000 shares. You now have 1,000 shares worth .2000 cents.
Writ did a really nice job writing the reasoning behind this R/S which is better than I've seen from other companies that go through this. I'm hoping for the best here only because they gave really good reasoning behind it. Many companies will R/S and use generalized verbage to make the shareholders think that it's a good idea. Because they went into multiple specifics for the R/S I have a good feeling. Another thing to keep in mind, they have exclusive distribution rights to the DJ AM documentary that has a huge A-list cast.
I'm going to try to stay as positive as possible here!
Also, extra special thanks to the guy that fixed up the IBox, looks damn good and really helps us here when it comes to new investors/traders!
I also appreciate the fact that he said that he is only here to update the box. I have a good feeling about this, there's a reason for it and hopefully it's a really good one!
Danny
Double post...
I think it is, but since I'm with Scottrade, my shares are going to be locked up for the next week or two. Last R/S I was a part of, I watched my account shoot way up, then drop all the way back down and there was nothing I could do about it.
What I'm hoping now is that they don't F/S after this R/S to completely screw us. This second news better be something amazing. I ran out of posts yesterday so I couldn't answer where I saw that it was going to be multiple PR's. It's all in the wording of that facebook screenshot. It definitely implied more than one PR was coming.
Alright we have a few good things here.
They said that there are 2 PR's coming. One is obviously the R/S, but the other?? It's not the DJ AM documentary because that's not done filming. But what about Retro Infinity and Amiga Games, Inc.?!
This could really go either way, either a massive dump, or people waiting for the second PR and praying that it's something mind blowing.
I think I'm going to hold until at least the second PR, and possibly buy on the dip after the R/S then cross my fingers.
At the very least, we know they're making moves!
I've seen this calculated before but never really paid attention to how the person came to the valuation of the stock per share. What did you use to figure this out? Revenue/outstanding shares? If that's the case then yes, $2.00 is correct, but I think it's more complicated than that, or is it?
Yep, much better shot of doubling up down at this level than post-split. We'll have to see what happens here, but I do like the idea that there won't be 80 gajillion shares after tomorrow.
I only hold 2 million shares at .0002 because I bought them out of curiosity. Now I'm trying to move money around to pick up some more and try to average down before this split. If they're making this Amiga Games thing happen, this could take us to the moon IMO! Even with the R/S, this could be very good and a good way to reduce the number of shares overall. 5 billion is craziness and this thing will never move with that many.
Yeah that's definitely a good thing, all the numbers change which means that the float changes with it. I'll be curious to see the numbers after the split. I hope they do this right!!! Fingers crossed!
I think that's what I'm going to do since it's not going to make much of a difference.
Thanks for all the advice everyone!
1800 shares.
I got in for a very small amount to get a feel for stock trading. I made mistakes and now have a much greater understanding of this whole game. If I can get out close to even my next move will be much more calculated and will be for a lot more than 1800. I had no one coaching me at first so I was just pulling the trigger blindly.
I have a small amount of faith that the RS won't be the ONLY news. Since Amiga Games Inc made that post, there has to be something else coming along with it. I'm going to remain positive here.
Excellent, thank you sir!
Yeah, a reverse split with no good news to accompany is never good.
Hopefully it'll be a PR with some kicka** news, then the R/S, which will give people a reason to keep an eye on it and hold it.
My shares are up at .14 for whomever wants them, I don't mind the chase later if she starts moving once Danny gets this thing moving.
Ah yes, okay, thanks!
1/1000 at .0001 would say .10 cents. Not sure how long that would hold, but would look damn nice for us!
Last RS I was part of ran up 300%, then absolutely crashed down to -75% less than the RS price. Scares me a little honestly...
Wow look at that, corporate name change and all! Time to scoop some shares before this massive R/S. I've had no good luck with RS's, but it'll at least get us on some larger radars.
I'm more worried about what I'm seeing with the company at the top of that list and what the heck that note means.
Does anyone know what this means?
We're at the top of the list but I'm not familiar with this:
http://www.otcbb.com/asp/dailylist_detail.asp?d=02/03/2014&mkt_ctg=NON-OTCBB
The only reason I saw it was because another one I'm in is at the bottom of the list, scrolled up and saw $VTMB.
Whoa eye of the beholder! I played that and a bunch of the ones that came out for PC as well. I'm really hoping that they're doing this and not teasing us!
Kid that lived behind me during my childhood had one, I am very much looking forward to this! Do you remember the game Agent USA? It was a geography game that was pretty cool!
Even with news, it's going to take some huge ask slapping to get this thing going. The share number is something ridiculous, so all we can hope is that they're not diluting as we're slapping. Regardless, I'm ready to attack those 2's. last PR was released mid October and it never made it to ihub nor my Scottrade news so hopefully this one will hit proper. The PR I'm talking about is the acquiring of ms. Ashley Betances.
Ihub shows news posted at 5:00ish. When the market is closed I don't typically go looking for news but it's there. I went to the sec website before I checked the news only out of habit. I've been in here since October btw, not a new alias. Can't speak for the rest of the new names though.
http://www.investopedia.com/terms/s/sec-form-15.asp
It explains it here. They're not going out of business so they're probably just making some adjustments.
They'll be available. I can't see L2 so I didn't know where they were, I also didn't know about the minimums to show. Still learning here. Jumping out for now, but planning to get back in with much more next time.
This was my first stock purchase ever, didn't know what I was doing (ie averaging up rather than down) and was following my heart rather than my head. Played so many of J.W.'s games that I closed my eyes and dove in.
I'll still be following the board so I'll only be gone in shares :)
Thanks for the info!
Danny
Average down time kids. If you're stuck, you're better off being stuck at a lower average. I bought in at .0004 before all of these pumps hit two months ago, then bang, all of us are holding bags...
I've got my shares up for .143 right now since I'm still a guppy. I'm going to hop out, then get back in late Feb when I have enough to make a dent. 1,800 is just not enough shares to get excited about once this starts moving. If anyone wants them they're up, I don't know why Scottrade isn't showing them though on the ask.
I didn't! Thanks for the hookup!!
Where is this movement coming from? Did I miss something?
#17 on the breakout boards!
Get us some attention in preparation for next week! Go $WRIT!!!
This actually made me laugh after yesterday's fiasco.
Be funny, but try not to get banned. People are still sour in here after the beat down (although we did close higher).
I'm not so sure pump and dump means what you think it means...
This has forced my hand to pull out of another game company I've been in for 6 months and hasn't moved an inch. Luckily I can get back in later for pretty much the same I bought in for, but I'd rather put some powder here instead. Let's do this $WRIT!!!
This is one of those times where I wish I wasn't a guppy...
Thank you for posting that message from Facebook! Hopefully we'll get some new faces in here because we have a pretty significant wall to break through before this gets moving. Next week works for me, one month late on a delivery for something that would take a mountain of people to accomplish is impressive to me and certainly worth waiting for. Gonna pick up some more shares at some point today hopefully!!! GLTA!