Not everything that counts can be counted, and not everything that can be counted counts. A.E.
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Nice upward channel today, hope it continues.
Surprising upward trading channel today...
I thought they loaded up already in preparation for the $1.24 PPS by March 2010 prediction I've read about?? LOL
Many .015s already this morning, it's already happening. And we will see .012s this week as well IMO.
"it's totally not happening"
Can I be warned too?! LOL
Lots of people have! LOL. Don't worry, they are going into strong flipper hands
Actually, I wouldn't be surprised to see .0002s here in the coming weeks....
How's that float lock idea doing lately? I've been seeing millions upon millions of shares hit .0003 for a week now while the ASK wall @ .0004 keeps getting stronger...
Actually the PPS is in a strong downward channel right now, it's coming - some just don't see it yet. Take a look at the daily chart too. You said .018s would hold too and now look at all the volume below it since, already in the .016s twice today.
Could see .015s shortly... Another O/S increase this week IMO will cause another large selloff as well, even without selling into the float which to me looks like is happening now.
.0170 couldn't hold (again) - more .016s being printed
Any PPS predictions for tomorrow??
10 million shares possibly today...but let's not blame the management...that would be ridiculous! Let's blame bashers LOL.
Last thing anyone should do is take a pennystock CEO for their word, LOL. Seen it time and time again, Pennystock CEOs that are diluting will say literally anything to get people to hold and buy more. Sorry, but emails from CEOs don't mean jack.
Could easily see .015s today, lower tomorrow... especially if they raise the O/S again. CHDN is on the ASK now at .0170
BID @ .0170 just failed
I agree, dilution is ruining the chart. Now in a downward channel on the daily.. +10 mil on the O/S today..
BID just broke down.. .017 now
BID @ .0180 getting hit now...
Another 10 mil to the O/S?? Sheesh, that is definitely gonna kill that intraday momo spike we just saw.. What a shame.
Mods, please stick this post
Mods, this should be a sticky. TIA
Charts are very useful but not when there is a lot of dilution present. Every time that happens to a stock, you can pretty much throw the charts out the window. The "accredited investors" selling into the market don't care if there are support lines broken...
PPS is still in the descending channel...and now back to .0188 and falling, I'm not sure I would call that being "ready to make a turn" just yet - we still don't even know how many shares are left to sell from the converted notes..
You were right about all the selling into the float last week, the 8K today proved it.
.0199s printing, BID just broke under .02
I wonder if they are still selling from the 20 mil. share converted note...
Item 1.01 Entry into a Material Definitive Agreement
On December 9, 2010, Alto Group Holdings, Inc. (the “Company”) converted into common stock a certain note (the “Notes”) issued by the Company on April 30, 2010. Subject to the terms and conditions of the various conversion agreements entered into with the Note holders, the Company agreed to convert the Note into an aggregate of 20,000,000 shares of common stock of the Company.
Item 3.02 Unregistered Sales of Equity Securities
As described in Item 1.01 above, on December 9, 2010, the Company issued 20,000,000 shares of common stock to Noteholders. The Noteholders are all “accredited investors” as defined under Rule 501 of Regulation D. No solicitation was made and no underwriting discounts were given or paid in connection with this transaction. The Company believes that these transactions were exempt from registration with the Securities and Exchange Commission pursuant to Section 4(2) of the Securities Act of 1933.
Did you really buy at the open? Damn that was quite the drop...
going to enter at open
Because Dean made millions selling over a billion shares while he was in control. So... why wouldn't he want to do it yet again with even more scammy schemes of his??
And where is all the money now, Jeff sure isn't telling us...perhaps he doesn't know either. I bet Dean would gladly do it all over again if given a chance, which is most likely a huge reason he has a hard time walking away IMO.
The latest drama and fraudulent filings is just the latest example of how sad this stock/company really is. All that hype for over a year on a bunch of funding lies on top of AAI which spends more on postage than on aircraft fuel (per the last quarterly report)... what a joke. At least pinksheets marks QASP accurately with the "STOP" sign for all to see...
Yeah, some longs obviously thought they didn't have enough to bag hold here already so they added even more shares @ .002+. But it looks like some flippers made money here again with that fluff PR spike & subsequent dump. That's pretty much what happens with each PR here, longs end up holding even more in the red and the flippers make off with more profits. Thanks to Dean... and now Jeff (considering it is now months later w/ 2 PRs & 4 blogs that show absolutely nothing substantial to date). And the PPS today is a direct indicator of that.
Somebody had to buy them!
Couldn't agree more, good post.
Awesome news
Looks like he will keep repeating like a broken record till he buys back in...
Someones mad the PPS is Going back up it sounds like....
Sounds like your out of shares at the moment....
Thanks for helping me buy the cheapies before the PR today lol
Bears buying back in!!! LOL!!!
They've been trying nonstop since yesterday, I give them maybe a "B" for effort at least. Lol
tvmetguy said he emails him directly, nice try though
Yet you can't prove all those shares are being dumped into the float...yet you keep asking others for proof, how ironic is that?! lol
150 mil O/S wow, which is smaller than most in the OTC, but thanks for trying to make it seem so scary for the past day