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alright guys - let's keep it civil here - This has no benefit to the discussion of EFGO. I'm glad to see it holding strong today @ .0005. Let's relay ideas, do our DD, and hope for the best for EFGO.
To be honest, I don't come around here as much because why would I want to read about people arguing back and forth about who's a pumper and who's a basher. Let's talk stock.
I think it would, but maybe not for the right reasons. It would run and then people would sell to get back some of the money they had lost and then it would drop, etc. And since there is no real substative news about value, etc, I doubt there would be any staying power for investors. Now that would be great - a national PR about the merger with details showing how this stock is way underpriced. then you are mixing a stock value correction with influx of buyers - that would really shoot this thing and it would have a real foundation.
I agree - I just think we need more...too little is known.
ya - I think people read about it, but I don't think anyone knows what to do with the news. heck - I own 5000 shares, but I don't know if I just got some of my money back or lost everything. I tend to be optimistic and I expect to get anywhere from $2-4 a share, but am I willing to bet on it? Not really...do I have enough free cash to throw @ it right now - not really. I don't really know what to think. I kept waiting for a big batch of cleaning products to hit the distributor and our price to jump. Now we've been bought out by a Chinese fabric manufacturer...regardless of the size of the company, as an investor, I would wait for details of the deal before I jumped on board. We really need a good PR that says how this affects the stockholder. What does this mean for valuation of our stock? I think that would help.
we're back up to 5 - leave me alone - we'll be fine. You gotta love the valleys just as much as the mountain tops...or atleast appreciate them.
somebody is selling off some chunks @ .0004...
no - I think it just went through on sale...as far as I can see
what's the deal with the 30,000,000 shares in escrow, yada yada yada stuff -
In many ways that is disappointing to me...I guess it's the nature of PK stocks. I actually believed in the vision of Envirosafe products, not just as a money-maker. I like the fact that Bryan held 60+% of the stock and that what was beneficial for him, was beneficial for us. I would have liked to see this company grow and survive, but for every 1 that does, I guess 99 other companies don't.
OT
ya - sorry to hear about that too...
Are their two deals going on - and isn't this Chinese company just one of them? Isn't selling the envirosafe cleaning product business line, recipes, etc. seperate from the EVSF reverse-merger shell company?? Is that still an idea, or have we all concluded that we're just being sold as a reverse-merger and that the Chinese textile company is just going to ignore/drop the cleaning side of our business? What's everyone think along those lines...I do see a Chinese textile company wanting to get into the enviromentally-friendly cleaning product business. Maybe it's just me...
talk about volume being low - why's everything dragging so slowly? Mid-week holiday buying slump...??
For what it's worth - I'm not worried about evsf...
here is a good link to a good post over on EFGO - if you've been following Alinxx's posts - I know Strong got a copy of her "idea" of what was going on. I think you guys will enjoy the read...
http://www.investorshub.com/boards/read_msg.asp?Message_id=20557892
synap - where do you stand - how many shares you got?
I've gotta be honest with you guys. I know we've had our highs and lows - we've had people come and go. but the remnant that is left - I really like you guys! I like your fortitude and forthrightness. If we do get bought out by a company for a 10 bagger - we'll have to move to another stock as a group - because I'll miss you guys!
GOOD MORNING ALL!!!
Maybe, just maybe, we'll get some good news today - wouldn't that be a nice treat...much like a snickers bar. :)
(might as well beat this dead-horse of a joke - I have nothing else to do!)
Good Morning all!! - and happy trading!!
DON'T EVEN BE JOKING ABOUT SNICKERS BARS....!!!!
:)
1.) it's still a 20% gain
2.) I did both calculations but I suspected since restrictions were placed on 4 billion shares, then the 4.1 billion was a better calc of what was actually trading than the 8.1 billion, but the % is still the same.
if you could - PM me as well what you are sending...I'd like to see it. TIA -
I know everyone thinks this badboy is going to run, but it's hard to do that with 8 billion shares in circulation. Sure, some of those are restricted, but still say it's 4.1 billion. Going into the news last night we were valued around 2 million, after the news our value went up to approx. 2.4 million. 20% increase...that says a lot. I know everyone wants a moonshot and I wouldn't mind it either, but after today, we are solidly @ .0006, whereas yesterday it was .0005 and some .0004 action too...Let's see what it does tomorrow...
it's holding firm @ .0006 - let's see what it does this afternoon - no need to get discouraged yet...
did anyone else notice that we were back @ .0005? I can't believe people are selling that cheap...oh well.
looks like EFGO released some late news to Pinksheets.com about the US banks that will be processing/backing their Check 21 service - regions bank, wachovia, etc. Secondly, they gave revenue expectations from China - in the 12-15 million range, which puts PPS much higher than .0005. It should be an interesting morning. Let's see if it runs, or if it just climbs up to .0006 and stagnates. We could use a good run - heck, we've been to.002 before, so I'd atleast like to see that.
come on clammy - give me another - to da moon!!!
I've been in a situation where I accidentally, had to dip into margin. Sometimes I put in a large buy order and it takes several days to fill. If it partially fills on one day, that's 9.99, then if it partially fills the next - that's 9.99, etc. Sometimes I'll end up margining $5. When that happens - occasionally, after a day or two, it'll call my margin, meaning I have sell something and get 5 bucks...or Ameritrade threats to sell stuff for me. I suspect that some of these small buys and sells are little things like that - where a fraction margin balance is called etc. Obviously, it's no reflection on the market...
ya - pretty boring here. You know this stock really did have some crazy momentum before it froze. I mean months later - no activity, no PR's and we still have almost 80 people marking it...it's too bad. We got shutdown in very poor timing.
ya - I'm really surprised with .0004 - really really surprised. I bought 5 mil up @ .0005, it's tough seeing that purchase in the red - I never suspected that. I do think it'll rebound and as we get closer to quarterly results I think it'll rise a little bit in anticipation of profits.
drat! you found me out - I would have gotten away with it too...if it wasn't for you pesky kids.
I guess when you're picks get low enough, than the only place they can go is up...that's gotta be encouraging - right??!!
why can't I buy RGNO through Ameritrade? I keep waiting for it to let me and it won't. Am I going to have to open up a choicetrade account? what's the story -
genius - pure genius...
It means someone is selling $2,850 worth of stock. that doesn't seem like much to me - it sounds like no news, I'm glad they are filing the right forms...
any new news around here - I'm still in the usual suspect of stocks and doing fine. This week and the later part of last week was pretty stagnant for me...but on the whole I'm doing fine. Any stocks tips or insights?
It depends on your definition of "dilution" - I hate these catch-all phrases. Sometimes companies issue stocks in order to buy out another company and their stock price goes up! It depends on the value of the purchase from the issued shares. I would buy back shares if I knew I was buying a company that would greatly increase my revenue stream and put my value in pennyland in the next year. wouldn't you?? Would you spend $100 for a top of the line Harley-Davidson motorcycle. Heck ya, even though you might have to cut-out movie night the next month for cash flow reasons, but it would be worth it - even if you sold the motorcycle down the road for a HUGE profit. Samething for EFGO - If they can make a stock trade for companies that have incredible growth opportunities and revenue streams then it's worth it. In fact - if you have ever listened to company's quarter conference call - the first thing that is always asked for from EVERY company is....drum roll please....what is your cash balance and what are you going to do with it. BECAUSE investors don't want your company sitting idol and they don't want cash just sitting around - they want it invested in new growth opportunites bringing back a return. Incidentally - I'm glad we're using our cash. If we had a million dollars (25% of our net value currently) sitting around, then we become a take-over target. Meaning another company buys us out, sells off our divisions, and uses the cash to pay off the debt it encurred to buy us out. It happened all the time in the '80s. I'm glad EFGO is not idle - I'm glad we didn't feel compelled to complete an acquisition that would handcuff us too much. I'm glad we're not tunnel-visioned and that we could see a better opportunity and so we jumped on it. I've got a lot invested here and everytime a new PR comes out a bunch of people freak out. Me, personally, I just keep getting more and more confident that they are making solid business decisions, trying to grow a company, and really doing the things to make it financially strong for the future when it's trading at a much higher PPS. just my opinion....
This goes out to all you PK stock buffs - but the PK stocks typically (as a whole) do follow the Dow Jones/S&P, but not day to day. If the S&P as a whole is down greatly over a quarter, than than PK stocks at large tend to be down the next quarter. It's a delayed effect. so if today or yesterday the S&P is down, then don't worry about it. If the market makes a correction over a long period, than expect some people to be suring up their investments and pulling out of the more risky PK stocks in the next quarter. But that tend is just true as a whole - in general there is NO correlation between the S&P and PK stocks and there are always PK stocks that do well when the market is down, and vice versa. You gotta look big picture and don't get tripped up in the day-to-day. It wastes TOO much energy.
not to mention - the OLYMPICS. come on - talk about the # of foreign checks that will be in China in the lead-up to the Olympics and during the olympics will be huge. Plus, for the future, China is growing leaps and bounds.
I'm not too concerned about getting our money back - I know at what level it was @ when Bryan announced the reverse split, etc. If he's going to make a profit, and has A LOT more vested than we do, than we all are going to make a profit. I'm actually trying to free up some more money in the next day or two - I have several sell orders in (they've been in for a week or two) and when they sell, I'm buying more EVSF. I'm with you - when I see .25 I see an INCREDIBLY LOW price.
I guess no news today - I'm not worried, but I do have a busy day. Since others talked to Bryan on Friday - I might call on tuesday or Wednesday, if we don't hear anything first. I'm still expecting a big return....
:)
now we're back in the .0006's. - It would be nice to see this thing climb today.