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Looks like those who want out are out and there's no real catalyst to launch us higher at the moment. Looks like a great time to quietly accumulate as Rain is doing. I'm tapped out our I would be adding more...
If they were dumping shares, volume would be a lot higher - and we wouldn't be closing green. Charts are not that reliable on pinkies. JMHO.
Good point that maybe they already had some shares approved. I can't see any reason why ENHD would not trade, just surprised at the length of the delay - although with the SEC, I probably shouldn't be.
You have to wonder why ENHD is not yet trading. I don't remember any delay with FSIN. That is really holding us back. If SEIH does manage to start reporting and get off the pinks, that alone will do wonders for the pps, and then if you add more closed deals and ENHD trading - HUGE potential. But that's all it is right now, potential, and clearly the big money isn't convinced yet. So we wait...
Rain- I'm with you, bro, but somebody's giving us a serious shellacking lately. Would be nice to see them caught with their pants down, but it's up to Bickel to do that, not us. Here's hoping we'll see some positive developments in the coming weeks.
We need more than another report on a Bickel trip to China to get this thing in gear. Need something real, and that hasn't come lately, that's why we're tanking IMO. Too long without any actual accomplishments, except a lawsuit that makes SEIH look like bumbling fools. Maybe someone is betting nothing will happen in Sept...looks like a decent wager given recent history. And yes, those of us with millions of shares took a huge paper loss today. Trying to keep the faith, but you know, once bitten...
WTF? I guess not everyone's convinced that this is the buy of the century.
talk about paiting the tape at the close...
LOL. yes the management is so dreadful George is going to sell once the PPS quadruples. If the PPS hits .02 I will stop to worship Jim Bickel at every street corner as I take my cash to the bank in a wheelbarrow.
Hey Rain, talking about divvies and the performance of the r/m clients, look at their first one - FSIN. Started trading around $5 and was up to around $18 last time I checked. This is in a roughly 12-18 month time frame. Yep, huge potential here not just in SIVC shares but all the client stocks too.
Thanks for the replies. Yeah, looking at ih.advfn.com, it was actually a pretty strong day PPS-wise when you consider that 'sells' outnumbered 'buys' more than 2:1, yet we still closed green. Looks like heavy sells hit around lunchtime and near EOD - typical Friday profit taking. Again, we held nicely IMO given all the sell volume and considering when it hit. Like Rain said, it would have been nice to see buyers step in later instead of at the open. I have some $$ from trades today that I can throw around next week. Looks like it could be a good one seeing as how we had five green closes this week. I'd like to see us break above .005 for sure and test .006 (or higher). Otherwise, we could establish a trading range in the 4's for the near future. Have a nice weekend folks.
For those of you with level II, is there any substantial resistance in the high 4's or are the MMs just playing games. We've tested .005 two days in a row only to eke out the slimmest of gains each time. TIA.
Now that's a good one! LOL
Rain, you are dead on as usual. There are several huge catalysts coming soon - ENHD trading, one or more 8-K's, new clients signed. A really key thing, though, is for SIVC to get its books in order and start reporting. This is critical to give investors a good window into exactly what is happening with SIVC, and is required as part of the terms of the company's funding. It's got to happen, and I think it will. Too many legitimate players involved here now - Hunter Wise, etc. Once this is no longer a pinky, sky's the limit. Of course, if you want to cash in big, gotta roll the bones now. GLTA.
Regarding one of mythbuster's earlier questions, I can say with a great deal of confidence that there has been no dilution since the PR they put out saying there wouldn't be any. I say this based on years of watching this trade, looking at the volume and the run the pps had. This move downward is on really low volume, so I don't see any evidence of dilution here. I think it is just traders who rode this up to a penny and now they're moving on since the momo is gone. Unless SIVC is totally blowing smoke (which of course is entirely possible) this looks like a good play over the next few months, maybe even a great one. But they need to deliver on some of these promises. I don't have any illusions that you can trust pinky PRs. But right now, that's all we have to go on. It was the same story 2 years ago, but at that time they were diluting the crap out of the stock to fund operations. That is not happening right now.
Actually, that is what they claimed - we made a mistake on the paperwork. Really, no problem, we'll be relisted in 60 days. That was quite a while ago. I'm not trying to bash here, but holter is mostly correct.
What took us down 10 mins before close - a substantial sell or did they just paint the tape? I find it hard to believe we're down 60+% in a month and we're not rebounding hard from this level. Absurd.
Nice update PR. It would be nicer to hear that everything is on schedule for getting back to reporting and uplisting. And that ENHD is schedule to start trading.
Also, what is the deal with SINO - has it folded, is it for sale, why no updates?
hope the end of the week this shows some legs
FSIN - first r/m client. Totally legit.
ENHD - another great company, soon to be publicly trading.
These deals are for real.
Another brutal week. If nothing else, a technical rebound is likely next week. Happy 4th everyone.
Who is selling at these levels? Unbelieveable. We are dropping like a rock on no volume. Games are being played here.
I do believe the sky is the limit if those things actually come to pass. But let's just say I've been around the block with the Bickels before. You'll forgive my caution if I tell you that in the 2 years prior to this February, SIVC boned its shareholders pretty hard - you know, dilution, delisting, r/s, 99.99% drop in PPS. They need to deliver to make me a believer, not just make promises. But I'm still here...GLTA
Why?
This has dropped more than 50% in the last two weeks. In the last several weeks, there have been no new clients, no closed deals, no ENHD trading, no info on uplisting, no divvies announcement. Just fluff PR's for a while now. Getting nervous here.
Sure would be nice to close another deal at some point...1 per year is not 4 per year.
They are diluting the crap out of this pig
I'm pretty surprised by how hard this has tanked in the last week. The weekly chart was just way overbought, so a correction was in order, but this is getting out of hand. Hope we do see some buyers step in; obviously the fluff PRs aren't going to move the PPS at these prices.
I think we were overheated on the weekly chart. maybe just a correction here. I would like to see minimum .007 close though.
Anybody home?
Lots of sellers today. But no bashers. Strange.
I agree. If, I mean, when this merger goes through, they will pick up institutional investors in direct proportion to the market share they gobble up on their way to NASDAQ and big profits for shareholders.
I think JPT is going public to access capital to acquire some of their struggling competition. This will mean dilution, no doubt. But if it is done right and some synergies are created, this would be huge. Remember, the insiders at JPT don't want their holdings to tank - I mean, somebody will own the new shares, right?
It's pretty clear somebody wants this to trade around .002 while they load up or for some other reason. Probably some dilution happening as well. The spring is wound up. This one will fly on DA, but right now they are keeping it in a tight trading range.
On the Scottrade issue - they are full of BS, but there probably isn't much liquidity in SIVC right now, because they are not diluting and a group of hungry longs has gobbled up shares and aren't selling them. Maybe that's what they mean, but still, BS.
Absolutely. If you look at when the PPS came off the mat in February, it was right after they announced their partnership with Hunter Wise. Gave them legitimacy. (And the no dilution announcement helped too) LOL
I wouldn't describe it as large news. Big, real news would be new signed clients, closed deals, progress on uplisting, dividend announcements. Today's PR I would describe as fluff. JMHO.
I'm sure there is some dumping going on. Those 748 mill shares went somewhere. The whole key to this thing is whether the r/s happens pre- or post-merger. If the former, we're toast; if the latter, it's all good unless they follow that with massive dilution. My guess is the R/S approval is to allow r/s for the move up to the big board. I think JPT will be sellling to institutional investors, not dumping on the retail market, but who knows. With Peacock, it's just as likely we're gonna be hosed.
Had to pull back at some point. Now we're ready to move forward in a more sustainable way. I like how this is trading. Some news would be good though. LOL
I know some people will get pizzed when I ask this, but don't you think they will R/S or somehow else screw the small shareholders when this deal is done and the stock is re-valued? This is the only thing that keeps me from buying more millions of shares. Thoughts?
I can't believe how great this is trading. Just down a notch or two after a huge steady rise and run. RSI cooling for another leg up IMO. Lots of strong hands here. I've been long for some time with 3.5 mill shares and holding for much more than .01. If SIVC delivers on new clients, deal closings, divvies, and uplisting by end of year, there will be boatloads of money made here...
thanks for feedback guys. i don't see any catalysts in the near term here...but you never know