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Great point. I didn't account for that, and I should have. An effective market cap of 2.55mm makes much more sense, especially when you consider the fact that the company recently almost doubled in price.
I'm looking forward to seeing what the future holds. I will be trying to acquire shares regularly.
New and old investors should avoid all of the hype in this thread - both positive and negative.
The fact is that none of us know exactly where this company will go.
The pros:
- High volumes and interest make this stock liquid
- Consistent CC's and press releases
- New deals with bigger companies being announced
- Support levels around .003 holding strong for now
- Increased assets and decreased liabilities (Q3 2013 vs Q3 2012)
- The product (when perfected) has huge potential
The cons
- Zero revenues as of last financial statements
- High short interest
- CEO owns a few companies, so this TDEY doesn't get his full attention
- Management has a sketchy history with some of their publicly traded companies
- None of their current products are very impressive as of now
All of this is just my opinion. I have no hidden agenda here. Invest accordingly. Keep in mind, you are investing in the potential of the company, and not the company as it stands now.
I see those 3 billion shares as a positive thing. It means that Ed Starrs has a huge personal stake in the company which leaves him accountable for the company's growth if he wants to profit.
I haven't been following this company for too long, so I am in no way an expert on MYEC. I see both the good and the bad, but I do think that Ed Starrs is doing a good job at reviving the company for now. There is a lot happening behind the scenes, and Ed Starrs has been straightforward about not publishing every new deal in order to respect the companies MYEC works with (because they were getting too many verification emails from curious investors).
Because of this, I am using the financials as one of my main indicators for growth, and because of that, I see a lot of potential.
This is a great value right now, IMO.
The main thing we need right now is volume. I'm holding onto my shares tightly.
Just take a look at the financials to see why: http://www.otcmarkets.com/financialReportViewer?symbol=SAFS&id=108617
Important notes:
- The market cap is only $122,000!
- SAFS has $145,000 in assets alone.
- 3rd quarter revenues were $75,000 - more than half of the market cap
- 3rd quarter net income was $26,211 compared to 2012 3rd quarter income of negative $38,939
- Comparing 3rd quarter of 2013 to 2012: Operating Costs increased by roughly $9,000 while revenues increased by roughly $75,000
In my opinion, this company is learning better ways to operate, which is causing them to experience impressive growth. Financials aside, take a second to think about the product. SAFS provides non-lethal, self-defense weapons. With the increasingly popular firearm debates, and the overwhelming amount of violent acts in public places (schools, movie theaters, etc) there is a need for the product that Safer Shot provides. That is more than you can say about most penny stocks trading at these levels, and levels higher than this. It all comes down to marketing and business strategies. Safer Shot just needs a few big deals. The fact that our country spends billions of dollars on national defense should be an indication that defense is valued.
There are a few obstacles right now:
- Debt. Safer Shot has nice revenues and a good amount of assets, but their liabilities are high because of the debt. The company needs to take care of this in order to grow. An increase in trading volume and the stock's PPS could be a good start.
- Awareness. This stock needs to see much more volume in order to bounce back from these lows. A press release would be nice, or even penny stock newsletter promotions from reliable sources. Everyone invested in the stock can also help in spreading awareness.
- Focus on Product Benefits. Safer Shot needs to explain how their product is better than other non-lethal weapons such as tasers, pepper spray, stun guns, etc. They touch on the product benefits, but they don't explain how their products are better (atleast they don't focus on it enough)
- Branding/Marketing/Company Image - This builds on the last point. SAFS has a product that can be marketed through B2B and B2C tactics. They need to focus on highlighting the products benefits and getting their products in the hands of the right people. They can sell to organizations, businesses, and directly to consumers. Their product placement should be easy to understand and easy to purchase. SAFS should be taking advantage of social media, press coverage, direct marketing, and digital marketing tactics. Part of this branding process is being consistent. Their profile on OTC Markets says it is a "Company Updated Profile" yet the website link leads to a parked domain instead of their actual site. Tiny things like this can have a big effect.http://www.otcmarkets.com/stock/SAFS/company-info
Overall, I would say SAFS has a lot of potential. These prices are really low and the stock is not getting much attention yet. If the company can work on its flaws, I believe they can be very successful. Let's not forget how small this company is right now (Mkt cap is only $122,000). SAFS is making a lot of improvements and I look forward to seeing what happens in the future. I am holding onto my shares for now.
These rock bottom prices only make it easier to profit off of GLER.
IMO, We need news or a promotion to see a big jump back to .002, but these intra-day price ranges make it really easy to profit off of GLER in the short term.
I don't expect a run anytime soon, although it would be nice. That being said, support levels are holding, so that is a good sign.
Keep in mind that this company is fairly new to the OTC market (Charts only date back to about a year ago)
Sales are increasing and administrative costs are decreasing. To me, that shows that VTMB is learning how to run their business better. The biggest setback right now is the debt, so we need to see how the company deals with that.
I expect a slow growth for this company with a few breakouts along the way. I'm holding my shares for now. It makes no sense to sell at these rock bottom levels, especially while support is holding strong.
My only hesitance right now is that the company may be a bit over-valued. The market cap is about $16mm. While the financials are improving, I don't think they justify the market cap quite yet.
That being said, I have a positive outlook on this stock, and will continue to pick up shares. The company is improving and it's historical prices indicate the potential for this industry. The charts indicate that the price was $150 in 2008 (not sure if there was a reverse split?)
The company has a good product and the patent to back it: http://patft.uspto.gov/netacgi/nph-Parser?Sect1=PTO2&Sect2=HITOFF&p=1&u=%2Fnetahtml%2FPTO%2Fsearch-adv.htm&r=1&f=G&l=50&d=PTXT&S1=myecheck&OS=myecheck&RS=myecheck
It all comes down to how well they can market that product. There is huge potential.
This is one of the best penny stocks I have come across in awhile.
This company is incredibly undervalued in my opinion (based on Q3 financials alone). I wish I got in earlier.
Monday should be an interesting day. I see 2 different possibilities. There may be a lot of people trying to lock in profits from the recent run (considering it jumped from .0015 to .0076 in less than a week). Regardless, I think that a lot of those sellers will buy back shares eventually. Considering there was not a specific catalyst for the recent breakout, I'm lead to believe that it is because more investors are becoming aware of the great value of the current PPS. I'm going to closely watch the open tomorrow before buying in.
The 200 day moving average of .0065 may become the new support level. Even if it doesn't do so yet, this company has big things in store for 2014, so I am not worried.
Most sub-penny stocks are junk companies, but AMMX is pretty legitimate.
I'm trying to pick up as many shares as possible at these rock bottom prices.
MYEC DOES have value
The company has revenues and a positive net income.
Look at the quarterly results http://www.otcmarkets.com/stock/MYEC/financials#
They have a solid product that has great benefits. In terms of growth, It's all a matter of how many clients they can pick up. All it takes is one big deal to set this company off - which is possible in the banking industry.
You're reaching now with these unsubstantiated claims...
You have no basis for saying that. This is a real company with patented proprietary technology.
Great chart. Thanks for that
I'm already invested in MYEC and I have done my DD. I was more curious about this current run because I haven't seen any recent news
What is everyone's target price?
And what is causing this run right now?
It could be a big week for TDEY. They are putting out some big news and getting on the radar of a lot of penny stock investors.
Patience is crucial with this one...
The product has great potential. There is a strong demand for non-lethal weapons.
SAFS just needs to find the right ways to market and make the right connections.
Picked up a few hundred thousand more shares today...
Last week should be indicative of the types of runs this stock can have. I'm holding long and strong
That's a good thing. It gives us some time to pick up cheaper shares.
Whether you think this stock will be big or not on the long run, you cannot deny that there is a great opportunity to make some short term plays.
First of all, the Super Bowl is not until February, so that gives TDEY some time to release the App3DTV application. Secondly, the iPoint Global app is already out, and they plan to advertise that.
TDEY Getting Some More Press Coverage Today Seems like more investors are adding TDEY to their watch list..
http://www.sbwire.com/press-releases/watch-list-1st-nrg-corpotcmktsfnrc-global-national-communications-corpotcmktsgncp-3d-eye-solutions-inotcmktstdeydrinks-americas-holdings-ltdotcmktsdkam-412147.htm
http://www.techsonian.com/morning-alert-3d-eye-solutions-in-otcmktstdey-hypersolar-inc-otcmktshysr-savient-pharmaceuticals-inc-otcmktssvntq-drinks-americas-holdings-ltd-otcmktsdkam/1292561/
http://www.sbwire.com/press-releases/penny-stocks-to-watch-for-december-16th-2013-from-pennystockhubcom-411961.htm
http://www.sbwire.com/press-releases/bullish-runners-neah-power-systems-inc-otcmktsnpwz-madalena-energy-otcmktsmdlnf-3d-eye-solutions-in-otcmktstdey-suntech-power-holdings-co-ltd-adr-otcmktsstpfq-411678.htm
Yeah. I'll be buying more shares if I can get them at these prices
Once again, that is not a bad thing. The highest market share most companies can obtain in a product category is usually around 50%, which leaves room for competition.
New product categories need to generate awareness, so competition is a good thing. Competitors increase awareness of a product category which helps increase the general demand for those products. This is a rule of marketing that is discussed by Al Ries, who has done marketing for Apple, IBM, Proctor and Gamble, and other huge companies.
Keep an eye on CYCC this week...already up after hours ..
Let's get some discussions going here!
Keep an eye on CHYR and CYCC this week...
That company looks good, and they may be ahead of TDEY, but that's not a bad thing.
For new product categories, such as glasses free 3d technology, having many competitors is a good thing. It increases general demand for the product category.
Ortiz already addressed the issue of calling it a "Mac" app in his latest CC. He realized he made a mistake, and he appreciated the correction.
Why dwell on semantics? Ortiz is not the developer/tech guy for TDEY - he is the CEO.
Yeah, he should have known better, but I would hardly call this a lie. That is just ridiculous. That's like if I told someone I had a Mac computer and they freaked out and called me a liar because it is actually an Apple.
Why is the volume at 0 today?
Thanks for your response. It is nice to see that you have thought this out so well. Hopefully big things are in store!
What is your price target?
Great buy opportunities today....wont last long
Do you think the hype will last for SRGL? Similar thing happened with VTMB last week. It increased by almost 200% after the newsletter and than dropped right back to its normal PPS.
Bought at 2.25. My price target is 3.50
Why would you need an entire University to expose a scam?
You've expressed your opinion, now just wait it out. A few months from now, you'll either be right or wrong: simple as that.
Good News http://www.4-traders.com/ARUBA-NETWORKS-INC-47075/news/Aruba-Networks-Inc--Aruba-Networks-Selected-as-a-2013-CDW-Partner-of-the-Year-17592339/
Take advantage of these low prices. They wont last long
WOW! Big things in store!
http://seekingalpha.com/article/1870051-cyclacel-rising
Why is no one talking about this stock?
Great post. I agree with you completely, and would like to add a point about revenue.
In the digital industry, revenue is not always the first thought. It is all about building a following first. That is the reason that free apps exist.
I only need one relevant example to prove this point: Snapchat.
Snapchat does not have any revenues yet they were offered $3 Billion by Facebook for their product. Why? Because of the large following.
Yet another practical product. I know many girls who carry pepper spray or tasers, so the market for non-lethal, portable self defense weapons is strong.
The key here will be seeing how well SAFS runs their company. They need to focus on creating a solid marketing plan and making the right connections in their industry
I understand the risks, and I appreciate you taking an unbiased stance. I just don't think this company is done for quite yet, but only time will tell.
The business with Mark Cuban led to a short term jump because of the excitement. To me, that transaction is more indicative of company growth. It wasn't really a big deal, but it was a step in the right direction.
First of all, 50,000 likes didn't happen over night. The growth started around November 19 and has been increasing since. This growth could be explained by all of the hype that is now surrounding TDEY.
Secondly, all 50,000 of the likes are not from Instanbul Turkey. That is just the most popular city. So, if the page was popular in 10 countries, and each country accounted for about 9-10% of the likes, and Turkey accounted for 11-19% of the likes, Turkey would be marked as the most popular country, even though it is still only a fraction of the total likes. I'm not saying this is the case, but it is important to think about things like that before calling out a company. Not to mention, many companies have surprising stats for most popular location:
Egypt for Linkedin
https://www.facebook.com/LinkedIn/likes
Bangladesh for Google and Microsoft
https://www.facebook.com/Google/likes
https://www.facebook.com/Microsoft/likes
India for IBM
https://www.facebook.com/IBM/likes
I still resort to my first point though, that anyone could have purchased these likes. It could have been a bad marketing manager that scammed TDEY, or it could have been someone who is trying to short the stock and stir up controversy. You can get 50,000 fake likes for as low as $100-$200, which is a small investment considering the potential gains of shorting.
I should also mention that you can purchase fake likes from the United States just as easily for similar rates.
My main point being that Facebook likes should not be a reason not to invest in a company.