breeding
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I just sold some of Z**G yesterday morning at 6.50 and bought A**F at 1.23. Also used some proceeds to pump my egmi position by 30%. I think this is going above 2 dollars soon. Just my opinion.
double digit income growth percentage and the stock drops. go figure.
Above 6.50 now
It was never at 600.00 a share, that is adjusted for reverse splits.
Your post says we are still in Target. I am not sure that is correct.
Is today the last day of a cup and handle formation that started at the end of October with the handle being the drop from 10.40 to 9.80?
It's funny how the same group of people are invested in the same group of stocks.
Whats with all the negative posts for EGMI on Yahoo?
Good, let the short term traders leave.
Please explain why you feel we will be at 2.20 again after the meeting and then continue to go up straight through the end of the year Yale?
He will be back. Resurrection is not as mythical as everyone believes.
"and a stock price no lower than 5 dollars"
Aren't we disqualified from that list?
NITE is always darkest just before the dawn.
I am not expecting significant gains today when the overall market is doing so bad.
NASDAQ is down 50. Dow is down 200... Stop complaining. For this stock to break even on such a crappy day for the overall market is a good thing.
Considering the market is total crap today we are not doing that bad... I wonder if this is the start of the big correction everyone is expecting for the dow.
Potential capitulation going on here. Am adding.
Let's get some comments on today's price action.
Can someone explain to me why a stock that is grossly undervalued need to correct? TIA
Agreed, this share price is still a joke. This stock is actually worth 4$ right NOW. It is 1/4 of what it will be worth in 6 months. and 1/8 of what it will be worth in one year.
That should not be legal.
Can someone explain 1. Why the board is dead if it is the #2 swing trade stock and 2. Why the p/e is so low on this puppy.
Can someone explain what an inverted spingefluke formation is. I cannot find any info on it online. Thanks in advance
That was several days ago. Doesn't he usually sell a position after only 1 or 2 days?
How do you get $2.52?
Sykes perhaps?
My first buy was 700 shares at 0.60 when I did not trust this that much. I sold this along with everything else I owned at 0.75 back in April to go all in on Zagg. Using those profits I am up to 3500 shares of this. I have tried trading but I tend to lose out more than I gain. I have held my 3500 shares since July now. I did sell 500 shares at 2.00 just so I have spare cash but seeing what happened today that looks like it might have been a mistake. Slowly but surely. Rome was not built in a day.
I have a question. I only invest in companies with positive cash flow, balance, and net income. How did you know egmi was going to be a 20- bagger back when the #'s did not look so good?
By the way. There is an unbreakable wall at 2.30 for monday. $$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$
Look at March 30th on the ZAGG chart. Is that where we are in EGMI? Are we going to follow a similar pattern. I know one company has nothing to do with another but it is still interesting to look at.
Lol, you see what happens when I say I am bored!! There is a solid WALL at $2.20!!!
What a boring day!
If all these calculations are correct. If China Lotsynergy sells 3 billion cards and CirQ profits 0.10 each. The earnings per share for the year that occurs from that deal alone with the current share structure would be $4.28 per share. with a conservative p/e of 10 that would equate to a $42.80 share price from this deal alone. with a p/e of 30 you are talking $128.40. Again based on this deal alone. Since that seems too high of a share price within 2 years. Where am I getting the math wrong?
900 million to 1.35 billion. were those 9 billion sold from China Lot Synergy though? Or were they mainly sold by the illegal lottery companies there?
Lol, you know nothing about the company and you bought shares of it. For all you knew as soon as you bought it they could have announced a 100 to 1 reverse split.
Well, it would have to be at least 4 dollars...
There is a solid wall at 3.00, we will never break through it, and it will not happen tomorrow. I hope this works.
I am a college student and I work from 3pm to 11pm mon - friday. student by morning, investor by early afternoon and worker by night. Although my goal is to be able to drop the worker status and still support a family.
care to explain gurupup? I am not bashing Zagg by any means, I simply think the prospects for EGMI are better at the moment. This may change depending on potential announcements by ZAGG.
I actually am a "youngin". My story is similar to the college student that posted her a while back. I saved up 1000 dollars and have studied investing since I was 12 years old. I invested that thousand in January and went all in on Zagg because I agree that life is too short to diversify as Cassell says. After selling that and jumping on the egmi boat which appeared on my screener just like Zagg did. I am approaching my first 10k and am loving it.