is... Alive and Well, So Far . . . LOL !
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10-4 Dat !!!
Thanks !
I'm glad you were able to make some money on this stock and I'm sorry to hear that your friends weren't so lucky. Sometimes, it's luck rather than skill that wins you the prize, no matter what the game is.
I look at sub-sub-sub-sub penny stock trading as a game. The MMs play games with these stocks and to some degree, varying wildly depending upon the stock in question, so do the CEOs.
So, it can be very difficult to get a "Hit" on a "Play" in pennies. Maybe 1 out of 10 will get you that "Hit" or "Win" in pennies. But, if it's the right stock, it can more than make up for the loses incurred from the other nine.
That's why I'm here. I much prefer pennies over Texas Holdem. Not that I have anything against Texas Holdem or true gambling in general. But, not to the tune of 10K. Nope. I'll take the pennies every time at those amounts.
But, HEY, That's Just Me . . .
So, Good Luck To You in All of Your Investments,
Go ICOA !!!
"Keepin' Da Faith", etc.,
-= =-
plmcc
I don't recommend ANYONE invest in a sub-sub-sub-sub penny stock with funds that you can't afford to loose. The risks are just to high for that. But, the potential rewards are just to high to simply dismiss all sub-sub-sub-sub penny stocks "out of hand". Our financial advisor, my wife's and mine, for example, does NOT like penny stocks. But, then again, he works for Merrill-Lynch, so I wouldn't expect him to like penny stocks.
So . . .
IMO, if a person is interested in investing in penny stocks, and in particular, sub-sub-sub-sub penny stocks, that person needs to decide before hand the following:
1. Do I have available funds that I can afford to loose without any major impact on my current situation. If the answer is no, then stop right there.
2. Do I have the knowledge required to read financial statements with enough understanding so that I can properly evaluate whether the financials are telling me a good or a bad story.
3. Do I have the resources necessary to be able to do research on a potential penny stock that will tell me what I need to know when it comes to whether this stock is a potential good investment? Examples of such resources would be access to the internet, money to spend on purchasing subscriptions to various message boards, review sites and the like, money to spend on an broker that will provide you with computer programs that will allow you to analyze what's happening in the market in real time and so forth.
4. The time and the will power to spend on doing the necessary research that will ultimately lead to the point where you have done the proper DD (Due Diligence) so that you can then decide, for yourself and by yourself, whether to invest in a particular penny stock or not. And even then, you may STILL be wrong.
I'm sorry to hear about your current situation. I wish I could tell you that ICOA is going to play out to be a good investment. But, I CAN'T. In the world of sub-sub-sub-sub penny stocks, ANYTHING can happen, right out of the blue, to cause all of your DD to fall right through the floor.
So, I wish you well on your investments, particularly ICOA stock, and I hope that ALL of them pan out for you. Now, as to specifically ICOA, well, we will all have to continue to wait and see.
"Keepin' Da Faith", STILL, and Until PROVEN Wrong,
-= =-
plmcc
I would like to get to around 50 mil shares before this thing pops. Preferably 100 mil.
So . . .
Why am I'm willing to sink 10 Grand or more into this stock? Well, it's because of these reasons:
1. First and foremost, I actually do have 10 Grand or more of discretionary income that I can afford to loose if I'm wrong.
2. The effort that George is putting into his releases shows me that he is serious in his efforts to provide just the right information to possibly attract a buyer of his company. If George was a true flake, I don't think he would do that. If George was a true flake, he would just put out the minimum to act as though he's trying when in reality he would be just creating more and more dilution. He hasn't done that.
3. His share reductions indicate that he does not want to do that. If his goal were to just keep soaking unsuspecting investors, he would just keep diluting. He hasn't done that.
4. His efforts, thus far, have been true to his word. He said he would do the fins and thus far, we have fins up to 2009 and have a revision for the 2009 fins. If George was a true flake, I don't think he would do that.
5. The Tax Loss Carry Forward of approximately 30 million dollars.
6. Then, there is all of the other DD that's been brought up as it relates to ICOA: The Wi-Fi Industry itself, the company's existing infrastructure, George's background and a number of other things I can't remember off the top of my head.
When you put it all together, it leads me to believe that George is working on something substantial that will benefit himself as well as the ICOA shareholders. If George was a true flake, I don't think he would bother to put in that much effort. No, he would, IMO, just do like most of the other sub-sub-sub-sub penny stock CEO flakes do, he would just release one ambiguous PR after another while diluting the stock to the highest degree possible.
That recent 167 million share sale at 0.0001 doesn't make any sense for even a flakey CEO when the shares had been running at 0.0002 or above for months. But, a creditor paid in stock with a time limit certainly could pull something like that. And this was George's supposition, not statement in fact mind you, but a supposition.
George has been honest in everything he's done, thus far, from the middle of last year when I first started following this stock until now. So, until I see PROOF that this stock is some kind of scam, I'm ALL IN.
Now, do my opinions mean that I'm right? Nope. The "Jury" is still out on this stock. So, it's critically important that everyone do there own DD. IMO, I've done mine and I still like what I see.
Just because the MMs have chosen to try to drive the price of this stock down to 0.0001 all of a sudden doesn't mean I have to jump on their "Band Wagon" that's now saying this stock is no longer worth 0.00002 to 0.0004 dollars per share. MMs are gonna do what they're gonna do. That's all part of the game. But I don't have to go along with them.
So, for now, I'm still waiting and watching,
And while I wait and watch, I'm
"Keepin" Da Faith, STILL and Until PROVEN Wrong,
-= =-
plmcc.
I believe that. I really do.
For some, being at 0.0001 dollars per share is enough proof, for them, that ICOA stock is no longer a good investment. And that's fine, for them.
For me, I've done enough DD to believe that there is more going on here than just share price.
So, we have finally come to the point were we can, it seems, to agree to disagree. I'm fine with that.
Now, we move can both move on.
Go ICOA!!!
You and me BOTH !!! LOL !
Abso-freekin-lutely, NO_BRAG_JUST_FACT !!!
Whoa !!! Thanks for the GS update, GAONMYMIND !
For reference, I use TD as well and still nothing on my 0.0001 order.
Interesting, eh?
Anybody been able to pick up any shares at 0.0001? I've had a 4 mil order in since 6/14 and it's still not filling.
Fair Enough.
This is only a guess, but I'd say this is someone who has some expendable cash that feels that at 0.0002 per share, ICOA is a good buy at the moment. My L2 doesn't give me an idea as to who the buyer's brokerage firm might be, so that's about the best I can do.
For myself, I can't seem to get my small order at 0.0001 filled, so I'm thinking about replacing it with an order at 0.0002.
The MMs that feasted on the 167 mil sell the other day are certainly doubling their money, though, aren't they?
Thank You !
Go ICOA !!!
Do you have a link that supports your "claim" that mine and/or George's information is incorrect?
And . . .
Why would the information on OTCMarkets.com be incorrect, unless George were to deliberately provide false and misleading information, and why would he take such a risk?
While I find your "claim" to be an interesting point of view, I would prefer to debate the facts rather than just opinion and/or just conjecture.
And I believe that my post #29630 referenced where I got my information.
So . . .
Where are you getting yours?
-= =-
"Keepin' Da Faith", STILL,
plmcc
The information I used for my post #29630 was taken from either OTCMarkets.com or the fillings themselves. There was no GUESSING involved.
Nice try, though.
I've always enjoyed my debates with you regarding ICOA and I look forward to all of the future ones, until one of us is, finally, proven RIGHT!
Thank you for a reply...
Now, if you don't mind TOO much, please answer my question:
"Where did I go wrong in my O/S count calculations?"
Did I use wrong info to start with? Did I "fat finger" one of my calcs? What?
W H A T ? ? ?
TIA
I agree, Boogie21. We are all still here. Just some of us have been doing more lurkin' than others.
According to my stock monitoring computer program, 164,205,000 shares were sold at precisely 10:19 this morning. Not 10:18 AM or 10:20 AM but at precisely 10:19 AM. All of the remaining transactions have been buys in the range of 4 mil to 1 thousand shares at 0.0001 per share, except for the last one, so far, of 240,000 shares at 0.0002 per share at 11:53 AM.
So, what I'd like to know is this: who (or what) dumps 164 mil shares, all at once, at the lowest possible price per share you can sell for?
A real person or a computer?
I've had a buy order in for 4.4 mil at 0.0001 for about an hour, now, and it's not filling. Why?
If this is a REAL dumping of shares at 0.0001, why isn't my order being filled? And why did the price per share come back up to 0.0002 so quickly (within an hour and a half)?
I think something's STILL not right, here, particularly if this were a true dump.
Anyone care to offer an opinion on this data?
I agree, completely, with THE (not Rustler's) following statement:
ALL IDENTICAL "Q" Plays, based upon past experience and at this stage of the game, are likely to be cancelled.
However, I disagree with THE (not Rustler's) following statement:
CGSYQ is IDENTICAL with ALL previous "Q" Plays based upon past experience and at this stage of the game.
And, my one agreement and one disagreement, above, is based upon my own DD after reading up on every piece of salient information I've been able to find regarding CGSYQ and "Q" Plays in general.
Now, as to what happens to shareholders when an RM takes place . . .
Well, that, too, depends on the situation. Having said that, however, in MANY cases, significant dilution CAN and OFTEN DOES occur.
But . . .
I'm willing to gamble SOME of my hard earned DISCRETIONARY income on the possibility that CGSYQ will be different.
So, IMVHO, each investor or future investor needs to do his or her OWN DD regarding CGSYQ before they decide to "jump in" on this "gamble". Just because I happen to believe that it's the right "gamble" for ME does NOT automatically mean that it MAY be the right "gamble" for YOU.
You've Been Fairly Warned . . . Mu Ha Ha Ha Ha !!!
Well SAID, James !
Who sells at 0.0001 dollars per share?
Who does that?
Even at 4.5 million shares, that's a whopping $450.00 dollars back into your pocket. Why not wait until it's at least 0.0002 or even 0.0003, which is the range ICOA stock has been trading at for MONTHS, now !!! Even the 40 mil trade was at 0.0002, NOT 0.0001 !
Personally, I see some game playing going on, here. Whether it's the MMs or something else, I don't know. Nevertheless, something just doesn't make sense for today's trading range. Now, as to the volume, that doesn't bother me, but the PPS Range . . .
H'mm . . .
I have a general question: When was the last time the iBox was updated?
LOL !!!
Not "you" fingers, either, I'll bet.
You may turn out to be right about that, Wi. But, I, for one, don't happen to think so. I think it's taking George longer that usual because he's working on three things at the same time:
1. Latest Fins.
2. Finalizing WISP.
3. Possible buyout from . . .
So, as we've said a time or two before, we shall see. LOL
"Keepin' Da Faith"
-= =-
plmcc
Well then, here's my solution, for now . . .
I agree. Now, let's hope we are both right!
Go ICOA !!!
Agreed !!!
Go CGSYQ !!!
Well, we will see about that, will we not?
To date, Pivotal hasn't announced it's ultimate intentions with regard to the shell. It is phrases such as "It is anticipated" and "to date" that lead some folks to believe that the demise of CGSYQ is imminent.
Others find hope in the tiny details that have been so carefully and with some difficulty been brought to light that lead some folks to believe that Pivotal does, indeed, have future plans for the shell.
So, when will we all know, for sure, what the fate of CGSYQ will be? I would like to know that myself.
For now, I'm in my wait and see posture while at the same time holding out hope that my "gamble" will pay off. And, make no mistake, it is a GAMBLE.
But, at least for now, it is a gamble that is still very much alive while at the same time still in opposition with other opinions to the contrary.
So, we will see, eh?