Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.
Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.
I watched level 2, will gap to 003 I'm guessing. at the close there were only 2mms left between 0025 and 003. but we'll know in a few hours.
still holding seems to be consolidating at a nice level here
bought the news today. already had a position, but kept adding all day. looks like the big reversal maybe finally is on.
Clay thoughts on EMXC chart? has been uptrending steadily last few weeks http://bigcharts.marketwatch.com/quickchart/quickchart.asp?symb=emxc&sid=0&o_symb=emxc&freq=1&time=5
looking at the chart, it seems possible it might have lots of room to run. the mistake I made in selling too soon on SVMI was not remembering to look far enough back on the chart to understand how far it might be able to go in a turnaround...
look at this 5 year on EMXC
http://bigcharts.marketwatch.com/quickchart/quickchart.asp?symb=emxc&sid=0&o_symb=emxc&freq=2&time=12
I was in one similar to this for months and months which was drifting in the .000s and started to move up like this chart has, and I sold wayyyyy too soon. and it made it to .07s last week. SVMI
believe it or not
http://bigcharts.marketwatch.com/quickchart/quickchart.asp?symb=svmi&sid=0&o_symb=svmi&x=19&y=10
i'm not going to make that mistake again.
To be honest, I really wouldn't mind if the deal fell through, got renegotiated, etc. anything to stop the 1000/1 RS.
you could practically roll a lemonade stand into a company with this favorable a share structure and it could do better for shareholders than what they are proposing with the RS.
I sure hope they reconsider what they are doing here..
at the very least change the RS to 100/1 or 10/1. That could still be a homerun for shareholders in the long run.
I still have a lot of shares, and I'm still pretty upset about it.
might move a lot next week though, once more investors have a chance to read the news
I added on news today... seemed to be pretty significant news, surprised there wasn't more volume, but I guess its a holiday coming up and all
I bought the news friday when it hit the wires at 0004. Hopeful for this one
no one knows. I'm hoping they change their mind... probably just wishful thinking.
here is my theory... last time the catlogue was sold, for 800k something (using debt, and sale later revoked) it was sold to a company that did CD duplication..
not a winning strategy.
now enter Marc, who has 30 years of experience in the industry, and has the means to create licensing revenue. (not just sell CDs late night on TV with infomercials sort of thing)...
licensing is where the big money is.
in Film, TV, all kinds of uses...
so given that, the catalogue is in the hands for the first time, of someone who knows how to monetize it in a totally different way. which is why looking at how Sony monetizes its own catalogue in film/TV deals is relevant.
that's what Marc I'm assuming, intends to do.
that's my 2 cents of speculation
I have NEVER seen dollar volume like this on a stock that started the day .000s...
NEVER
watched it break 9 million dollars late in the day
truly amazing
marc probably would have been handling that deal if he were still at Sony
Sony- $250m publishing deal with Michael Jackson estate
http://online.wsj.com/article/SB10001424052748704588404575124023860735864.html?mod=WSJ_WSJ_US_News_5
The advances being paid by Sony are to be offset by sales of albums as well as revenue generated by licensing Mr. Jackson's music for uses like videogames, movies and theatrical performances.
yes, it will indeed
I saw vert move to .54s and vanish off the ask finally after a lot of heavy selling on the ask, and thought it would bounce back faster than it did, but we'll see what happens tomorrow
I added on the dip today, but I didn't expect to see this at .0003/.0004 again this soon.
that was quite a flush
I've been in this for a year or more now, and while I was waiting for whatever was going to happen with the shell it moved easily on light volume to .08 to .10 multiple times...
and I held through those moves, waiting to see what the outcome/merger would be.
I still have shares in XCHC, but it appears pretty clear to me dilution is occuring now, as the volume its received now would have easily sent it back to .10 or higher just a few months ago.
this got shorted pretty hard today as far as I can tell, on the run to .10
I bought the news, and I'm still in.
but I sure saw the market makers working this one hard.
VERT was either shorting or diluting heavily mid day.
Luke 5:1
One day as Jesus was standing by the Lake of Gennesaret,with the people crowding around him and listening to the word of God, he saw at the water's edge two boats, left there by the fishermen, who were washing their nets. He got into one of the boats, the one belonging to Simon, and asked him to put out a little from shore. Then he sat down and taught the people from the boat.
When he had finished speaking, he said to Simon, "Put out into deep water, and let down the nets for a catch."
Simon answered, "Master, we've worked hard all night and haven't caught anything. But because you say so, I will let down the nets."
When they had done so, they caught such a large number of fish that their nets began to break. So they signaled their partners in the other boat to come and help them, and they came and filled both boats so full that they began to sink.
going to take continuing news
not sure which one you are talking about. but you just click on these links and it will show you the last reported amounts:
click on the 'company info' tab
THRR
http://www.otcmarkets.com/pink/quote/quote.jsp?symbol=thrr
IMJX
http://www.otcmarkets.com/pink/quote/quote.jsp?symbol=imjx
no idea, but the authorized is exactly the same.
their float is probably much bigger
http://www.otcmarkets.com/pink/quote/quote.jsp?symbol=thrr
I don't know about that. THRR had 2 billion in volume yesterday and got to .0006.
even stocks with tons of shares move. but it takes tons of volume to do it..
300 million is nothing
you are probably right, although the authorized only shows 100 million...(if that is still accurate) so it may not make it to triple zeros for too long if it gets there. doesn't take too much dollar volume at .0005 to hit 100 million.
but I should have waited to buy apparently
http://www.otcmarkets.com/pink/quote/quote.jsp?symbol=remd
Estimated Market Cap
$77,286 as of Mar 10, 2010
Outstanding Shares
38,642,850 as of Sept 30, 2009
Authorized Shares
100,000,000 as of Sept 30, 2009
Float(shares)
4,689,465 as of Sept 30, 2009
Number of Shareholders of Record
397 as of Sept 30, 2009
Number of Beneficial Shareholders
312 as of Jun 30, 2009
volume history:
03/11/10 0.0080 0.0080 0.0020 0.0024 -0.0016 5,633,000
03/05/10 0.0200 0.0200 0.0040 0.0040 -0.0060 2,866,364
02/26/10 0.0202 0.1400 0.0070 0.0100 -0.0102 70,000
02/19/10 0.0200 1.0100 0.0200 0.0202 -0.0098 100
02/12/10 0.0202 0.1400 0.0200 0.0300 +0.0000 5,480
02/05/10 0.0350 0.0900 0.0200 0.0300 -0.0050 28,347
01/29/10 0.0200 1.0100 0.0200 0.0350 +0.0017 20,000
01/22/10 0.0900 0.1400 0.0200 0.0333 +0.0133 20,000
01/15/10 0.0300 0.1400 0.0200 0.0200 -0.0200 31,850
01/08/10 0.0400 0.1500 0.0300 0.0400 +0.0000 2,500
12/31/09 0.0400 0.0400 0.0400 0.0400 -0.0250 4,797
12/24/09 0.0400 0.0900 0.0400 0.0650 +0.0000 800
12/18/09 0.0400 1.0100 0.0200 0.0650 +0.0250 1,350
12/11/09 0.0400 0.1400 0.0300 0.0400 -0.0500 5,375
12/04/09 0.0300 6.5535 0.0100 0.0900 +0.0400 250
11/27/09 0.0500 0.0900 0.0500 0.0500 -0.0500 5,748
11/20/09 0.0500 6.5535 0.0500 0.1000 -0.0100 25,925
11/13/09 0.1000 2.0000 0.1000 0.1100 +0.0000 150
11/06/09 0.1100 1.0100 0.0500 0.1100 +0.0000 8,000
10/30/09 0.2100 2.0000 0.1000 0.1100 -0.0700 11,851
10/23/09 0.1800 2.0000 0.1000 0.1800 +0.0000 55,800
10/16/09 0.1800 0.1800 0.1100 0.1800 +0.0300 92,200
10/09/09 0.1500 1.0100 0.1500 0.1500 -0.0100 19,038
it peaked in september up to .0005 on a bit less than 2 billion volume total for the entire month..
but like so many .000s with this many shares it usually does take billions in volume for price movement
pinksheets.com has information, but I don't know how current it is..
http://www.otcmarkets.com/pink/quote/quote.jsp?symbol=imjx
shows 5.2B and if that is true, then it has to trade high volumes to move much
I bought some today. doesn't it have to bounce sometime?
september 09 had almost 2 billion volume, (for the entire month) and it ranged up to .0005 so that bit of volume history gives some clues about probable size of float.
news about turning profitable was buried in the PR down a few paragraghs...
so given that it wasn't some splashy headline, its going to take a while for people to actually notice it
pinksheet info says
http://www.otcmarkets.com/pink/quote/quote.jsp?symbol=imjx
float is showing at 5.2 B