I am not actively trading; holding some stocks that have no value.
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Starnes, you are right about the US dollar, which is why I am also into gold stocks, but as you mentioned in your earlier post, the degree of success in any stock is the percentage of gain. I have found that there is much higher probability of % movement in the lower priced US stocks than elsewhere. That is why I am buying into some choice US stocks, of which I consider MTRE to be my top pick at the moment. And considering where we are now (able to pick up shares around .25 or .30 just days before imminent news is likely to shoot this up to 3 or more times that level), there is a very excellent possibility for high percentage movement, IMO.
Off to bed now....thanks for your posts and well-wishes..... wishing you and yours the same.
Warm regards,
NorthLion
I'm with you, Starnes, on all your points. I do think this is the best opportunity on the US side that I have seen, and I have responded accordingly by taking a very large position (no, I am not telling how many, but it is lots). I have stuck my neck out quite a bit, to be sure, but I am quite confident that there will be substantial rewards. I have done my own DD and am very satisfied with what I have discovered....as you have, and as Chevy has.... along with others. This stock is unknown by most, is almost unbelieveable in its potential, and will surprise many greatly, IMO!
We should also add that it will soon be off the Pinks onto the OTCBB, pending approvals expected any day. That will also help support the credibility of a stock on its way to $1.00 and above.
NorthLion
I am on the cheapie plan, so can't PM. Please use email: lion@ldj.net
Hi $oldier and Starnes,
I agree with you Starnes.... large % float is held by longs - I am fairly sure it is above 50% now.
There is some impatience, perhaps a bit of uncertainty out there right now since we have not had any news updates for a bit. While we are waiting on news, which we expect pretty much at any time, there are some who are looking at the declining share price and thinking that it is not coming through as expected. I would suggest that this is not really the case - rather a bit of delay in getting filings/registrations completed, something that is quite normal in the legal and regulatory world.
Someone seems to be steadily selling off about 5000 shares per day - liquidating their position. This is their choice, for whatever reason, but IMO this represents a great opportunity for those who are willing to take a little more risk on what seems to be an outstanding situation. At .25 or .30, we are able to pick up shares equivalent to .0016 or .0020 presplit. That is the level at which I added majority of what I already have. Once news comes, the chance will be gone, IMO. This is a chance to buy into a business with several profitable divisions and a spin-off company that also has a business plan in hand to likewise be very profitable.
Considering that the float is so tightly held, I think we will see the SP back up and over the recent .69 very quickly. This is JMHO and not a recommendation to anyone to buy.... each person should do what they are comfortable with. This venture is not yet a "done deal", but indications are that we are on the verge of completion. I would be surprised if we do not have news this week.
Waiting patiently and adding a little more as I can.
NorthLion
Lion is resting in his lair, guarding his loot, waiting for storm to be over... after the storm comes sunshine and better days.
Cheers!
Gerard....I am also, like you, patiently waiting....
NorthLion
Congrats Starnes...I grabbed a few more at .25 today.... thanks!
Iceman,
If you look at the info box at the top, you will see that there are about 280,000,000 shares OS and that insiders hold about 200,000,000 as restricted shares. That leaves only about 80,000,000 as a float. Of those 80,000,000 there are huge chunks in the hands of longs who are not selling, so there is a very limited supply of shares available. That means that when this stock moves, it could move up very rapidly.
If you read through the news releases and through old posts on this board going back to summer 2007, you will get the picture of this stock. In brief, there were some individuals who got hold of shares in an unscrupulous manner and then dumped them into the market, driving the price WAY down.... there have been sizable numbers sold subpenny, so it seems that someone now is selling them off at .011 and seemingly doing well (probably a double).
However, there are a number of items in the works which should value this stock much higher -- read the news releases. I am referring to the 10% divvy slated for July and for opportunities in connection with Trimark especially, and the company continues to develop the music side as well.
I hope this info helps. But do your own DD by doing the reading.....it may take a few hours, but then you will know.
JMHO
NorthLion
Level II for pinks:
A free Level II connection is here:
http://66.201.236.134/export/level2.jsp?symbol=nshv&=Get+Quote
but you can only do so many entries per minute or two. It is a trial version of the paid service. I am also not sure it is totally up-to-the minute in its info either.
The best deal for Level II live streaming is offered by Bloomfield at this location:
http://www.bloomfieldinvestmentclub.com/pages/public/privileges/Default.aspx
Their cost is about $24.00 per month but that is less than anywhere else I can find, and it is a full service....I can follow about 50 stocks and customize the data on each as to what I want to know and what I don't need. Check it out -- if you are investing in pinks, it is pretty much essential so you know where to place your bids and asks. [Note, however, that not all bids and asks show up in pinks, so there could be hidden orders besides what is showing - nevertheless, it helps a lot.]
Prices..
I think it is safe to say that those on this board own between 45% and 60% of the float.
NL
Dilution has yet to be proven.....
in any case, shares are cheap right now and I am not convinced they will continue to be...eventually we find a bottom and move up.
JMHO.
NorthLion
I am on the cheapie plan, so can't PM. Please use email: lion@ldj.net
Thanks Gambler,
So far I have seen no concrete evidence to prove what the naysayers are speculating... and I have seen no evidence to prove that the Company has done wrong...
So, I am long on EXPH and expect to stay that way....
The company is active, has growing revenues...
It is small on the scale of things, which means that finances may be tight, especially while in an expansion mode, so I am not expecting huge profitability immediately around the corner, but if they continue to grow and build their business, the picture could be very bright.
JMHO
NorthLion
It seems that the SP drop has plateaued for now, and the AH trade amount was less than the prior two days.... maybe the sillyness is coming to an end and we can get back to a more reasonable scenario.
There are a number of unanswered questions lingering....but I am still not convinced that the company has been selling off any more shares than the ones they had admitted to previously....
...I would love to see the company prove that they haven't been and that this whole fiasco has another explanation.
NorthLion
I lucked out...got those .23's....WOW!
Can't wait for the news to come out and take this to where it should be.
NLion
Taki,
Don't know about other lions but this Lion does not buy high and sell low....this Lion buys low, then buys lower and then buys lower and then he waits for a long time if necessary and sells high. This method pays better than the other way.
Still interested in the Trap, though.
NorthLion
Taki,
I was reading through some of your posts on various boards...you speak about a Trap.. can you explain how the trap is set up, who falls in and what is the normal outcome?
You can PM me if you like, but I cannot PM back as I do not have a paid subscription. Email is good also: lion@ldj.net
[OT]
FBS....someday we figure on a Branson/Nashville trip...maybe a little detour through OK would be fun...and we will definitely keep that invite in mind! Thanks!
Have yourself a great day!
NLion
I am on the cheapie plan, so can't PM. Please use email: lion@ldj.net
That would be awesome, FBS!
Sounds like this boat is so well equipped you could sell your house and live there all the time -- no grass to mow that way! LOL
NorthLion
Morning, FBS! Is that your fishing boat?
eMark.....patience certainly is in short supply in this pennyland.
I think we will see that the stuff that was PR'ed will be happening in the 2nd quarter as they said...and if it happens to be delayed by a few days or a week or two by factors outside of anyone's control....then so be it.
I do agree that there is minimal interest in this stock by the larger investment community at this point. That is why it is still available at what I consider to be very low prices. As the story matures and the acquisitions are completed so that we have real cash income, this stock will be seen in a different way and I expect we will be very pleased with the results. JMHO.
NorthLion
Good for you, prices....I got some as well.
Not sure why anyone is selling at this level, but every day another 4000 - 6000 shares comes available at the .42 - .45 price level. That is equivalent to .0028 or .0030 price level pre-split. Considering that we traded at .0045-.0050 pre-split for quite awhile, why would anyone sell at this level now day after day?
On top of that, as things continue to progress and we are on the verge of more good news, this stock should be worth more than before - not less.
Anyways....thanks (whoever you are) for some more cheapies!
NorthLion
Morning, Bee, Starnes and all MTRE'ers....
I do think we are due for an update any day now....
and I am fully loaded and ready (and divisible by 3 again).
Good morning all!
berge...I'll take 4000 tomorrow if you take 2800.
Here is the website for the new Nashville Records artist:
http://garymeggs.com/news.php
NorthLion
Significant high-grade new drill results recently.
High volume traded and good price jump over the past 2 weeks.
AGM set for June 23rd.
MTRE seems ready to pop to a new level $oldier
2 days to make it to 1000 boardmarks for me to win...
NorthLion
I added a bit more today and am sitting well now - I have what I want...will wait for the inevitable growth.
NorthLion
I am on the cheapie plan, so can't PM. Please use email: lion@ldj.net
I have a feeling we are on the verge of an upward move....
Ask is now .65!!
There isn't much between .58 and $1.50.....this could go up quickly.
Ok....couldn't resist....did it and back to .58.
Let's, go MTRE!! Yahoo!
Good morning, all MTRE'ers, you lucky people!!
(I think it will only be a matter of time till we find out how true that statement is...not that I believe in "luck", as such).
I finished what I set out to do with that buy of 2360 this morning. I am now filled up and divisible by 3. But I see Mr .46 is back. Do I buy another 3000? Or is someone else going to do that and get us back into .50's? I shouldn't, probably...but it is so tempting.
Anyone?
A chance to add a few more, Bee!
While we wait and things have been a bit quiet, there have been some opportunities.
NLion
Prices,
There seem to be blocks of about 5,000 available most days, so I would expect Mr. 46 might be about that much as well...hard to say.
I am open to add a wee bit more today to complete my plan and to make sure everything is nicely divisible by 3, in readiness for the LHC divvy.
I am figuring we should hear something further on that this week... it is being worked on, but paperwork and legal work can sometimes take a little longer than expected.
NLion
Soros is right....longs are adding. I have picked up several million over the past while and see this getting ready to move up. The volume of sellers is down so I do not think there is any more dumping -- it is normal turnover and some profit taking by those who bought in below .003. JMHO.
NorthLion
Likewise....pretty quiet day for MTRE....
we'll see what tomorrow brings.
Have a good sleep.
Catch ya later.
Doing well...you off to bed?
Hi $oldier...
I am expecting to see news releases over the next weeks as LHC gets set up, as the divvy gets processed and as the MTRE acquisitions close. This will add to the interest in this play. But I think the larger impact will be in the fall when the Q3 financials come out and the profitability of the acquired companies will show in filings. As well, by then, we will know more about what LHC has in thew way of products and business plan. JMHO.
NorthLion