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Funny, I was thinking the same thing - holding long term. I will probably flip some of my stock but I'd be interested in holding at least half of my shares. Lots of the companies brag about how well they're doing but nothing is actually tangible (I.E. an oil company or mineral company saying they're finding millions of dollars worth of product...who really knows if they are or not). CIST you can actually see the tickets being sold, the interview with the fighters, press reports other than their own...ect. The company has long term goals and I'd like to see where they go.
Come on big money! At least finish in the green and I'll be happy.
Why do you think this? What evidence do you have?
I hope it's not for the sake of my money and every else.
You too! I'll be checking out any news over the weekend and will post anything I find.
haha yeah, at this price, you are right. Well if you are anyone hears something this weekend, please post it! I'll do the same.
Indeed - show me the money!haha
So I am new but I understand the basics. What I am having a hard time understanding is where Money Managers come into play with this and affecting the stock. Is it because MM can play with large volumes of stock?
I see the volume but I don't see the money yet...I hope you are right Bonis. I really really do. I have one third of my money left that I invested in CIST.
My thought is that they want to see how things go before they make a big PR release. Something this weekend or Monday IMO.
Got me. I hope to see something after the fight on Mondays opening. I've done a lot of research and the company seems to have it together EXCEPT good PR. Most OTC companies seem to have a press release twice a day but these guys have 1 or 2 a month and IMO the stocks show that.
Half my money is gone because of CIST's down turn...I hope the break I need, we all need, comes with tomorrows fight.
GLA
I've been digging for any recent news...nothing from Causeway but I did find this article. If in fact there are 3000 people at this event, that would be a nice little profit for Causeway IMO.
http://www.ballymenaguardian.co.uk/articles/sports/17925/ryan-ready-for-battle/
Haha! BTW, before I say anything else - I'm new to all of this.
I read that too but I think the .001 conversion price already happened. That aside, it seems we might be at that price soon with the way its going.
So I sent Causeway Entertainment an email today. Chris, the second in charge wrote back pretty quickly. I asked him about Causeways site, business plan, and disclosing financial info and/or ticket sales after the fight. The only thing I took out of the email was my name. Here's his reply:
-------
Hi,
The website is available at www.causewayentertainment.com
On this website you will see recent announcements. You can also view the recent disclosure document on pinksheets by going to www.pinksheets.com type in the trading symbol of CIST and click on financials. It's called supplemental information.
We anticipate financial information to be available shortly.
Thanks for your interest in Cage Wars Championship.
Best Regards,
Chris
I hope you are right...Like most people, CIST stock is killing my money right now. I'm holding strong though.
Not sure if anyone has seen this...I was just digging around and found this from a couple of months ago.
http://www.otcmarkets.com/otciq/ajax/showFinancialReportById.pdf?id=38618
An up close would be VERY nice. I'm set up to buy at .007...we'll see.
I'm hoping to see ticket sales and revenue too...they'll probably post after the fight. I'm new to OTC stocks and Investors Hub...why do you think CIST tend to stay out of the public light? Many other OTC companies have a press release once a day.
I hope so...it would be nice to hear SOMETHING from CIST and Cage Wars.
haha whoa man...just my opinion. Good luck.
Cool, thanks for breaking it down!
Unnecessary Paranoia? I hardly think so. Lets think about this for a second...Most companies now-a-days have a website - none of these companies FDEI has done business with have one. Matter of fact, you can't find ONE thing on them except in the "press releases" FDEI has done. Logically, if a company is doing soooo well, why hasn't the website been updated, phone bill been paid, news letter working, SEC filings,....ect. For the people holding the bag, I hope this company is real and will get paid on Dec 15th. Not so sure if I would dump any more money into this company. This is MY OPINION.
IMO, dump the stock. I researched every company they have done business with recently: ASDR Barranca Solar, Esar Solar Power Pvt. Ltd, and TinSol Energy (pty) Ltd...I couldn't find a website for ANY of these companies. After that, I decided to call Fidelis Energy...I called there non 1-800 number and the recording said the phone had been disconnected. I called the 1-800 next and got some weird recording that wasn't the company.
I'm new...to this website and to stocks. Is anyone holding onto this stock to see what happens this month when the "big" fight goes down on December 10th?