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Dear bid whacker,
You do not know how to trade and do not belong in the penny stock market. You will be more successful buying Mcdonald's stock and not looking at it for 10 years.
Truly NOT Yours,
Pred
Yup, looks like the majority of sellers are finally all soaked up... ZLUS is still holding a very high level compared to where we were months back. That's a good sign IMO
Pred
2.37 Million were shorted today
20100408|ZLUS|2371251|7286706|O
http://regsho.finra.org/FORFshvol20100408.txt
Pred
hmmm looks like they got something going on up here. We should be seeing what's up their sleeve in the near future I'm guessing!
Pred
LMAO! I'll take copper whenever I can get a chance!
Pred
Astonishing isn't it? I dont know any competent penny trader that would agree to sell their penny stock at market...
Oh well, at least he's not in this stock anymore where he could hurt it at higher levels...
Pred
They sold that part of the business to focus on what they think is the most valuable part of their company, the website.
If they sold H&W for $10 million, I imagine that the value of the website is more than that...
If you put your thinking cap on and realize that for a second it kind of makes you wonder how or why we are still at such a low market cap (below $3 million)...
This is business 101... I'm sure Ault took that class years ago based on his track record
Pred
the longer we are able to consolidate and hold this level the better IMO, set up a nice strong base for the next run up...I haven't sold a single share yet and plan to hold for awhile...
GLTA
Pred
It's a double edged sword... let me explain.
If we lose buying support the MMs (market makers) will win. If people aren't going to buy then the MMs will sell shares, drive down the stock, and they will make their money.
HOWEVER, if/when we get big buying (which looking at the chart we have some good support) the MMs will be FORCED to cover to reduce their losses. This could add fuel to the fire in the event that we have a parabolic run.
At this point it looks like there is accumulation going on and if/when we get big news this will move up and if we move up enough, the MMs will be forced to buy back the shares that they shorted...
I hope this makes sense... basically we just need support (which we have been getting) until we get news in which case we would need big buying and after that it's to the moon, but these things have to fall in place first...
Pred
Just for everyones knowledge, EVERY share bought on ask today was shorted by MMs
http://regsho.finra.org/FORFshvol20100319.txt
20100319|ZLUS|469000|1020000|O
Pred
if that's the case then maybe you shouldn't be trading pennies... you may want to move on to other things that do make sense... just a suggestion?
Pred
it's because practically every trade was at ask... the MMs just walked the ask down when they could and just shorted shares that they dont even own when people BOUGHT... that's why we ended up barely down...
Make sense now? It's not really rocket science...
Pred
I agree, the accumulation the past couple of days has been very nice. I love the upper level consolidation plays.
I'm especially encouraged by today's action where we had a couple big blocks hit the ask... That means someone knows that this company is the real deal and is probably waiting for much higher levels IMO...
Too bad most of those shares today were shorted by MMs we would probably end in the high 5s if it weren't for those dirty MMs
Pred
can't wait to SQQUEEEEZZZZZZZZEEEEEEEEE them in to making this run run RUN
Pred
I'm fine with that, we can consolidate here and churn shares out of weak hands so we can base for the next run which is inevitable IMO. Just looking at the chart I'm excited as hell for when the MMs let this one go and we hear about what ZLUS is up to with ALL that cash coming to them...
Pred
1,000,000 X .005 is $5,000 worth... I'm not worried about it, if there is $5K willing to be on bid at .005 and a bunch of little sells on ask, that leads me to believe that someone is on bid bigly and small people who THINK this is over are trying to get out lol
Pred
the seller that was bidwhacking is gone for now, Give it some time and if you dont get filled you might have to raise your bid... Ask is still at .0065 fyi
GL
Pred
HAHA nice... looks like the seller is done selling, ask back up to .0065, hope you got what you wanted LOL
I bet that seller is thinking "damn, that bid didn't budge, this thing has some legs and now that I'm out, it can probably move just fine..." I know, because i've been there before HAHAHA
Pred
yup, there are people on .005 looking to scoop up ZLUS, good stuff is coming and i think people know it
Pred
Looks like we'll be consolidating in this area, it would be good to hop on bid here and accumulate what you can and wait for the next breakout...
Looking at this stock's chart, it just shows way too much support for there to be nothing going on... This will explode bigly if we consolidate here since this will be the new base to run from...
Pred
They would be squeezed into taking a loss on the stock because if it keeps running they will be too afraid to lose that much money, so they cover to avoid more loss... That will add to the fire...
Good god!!! Just like claytrader said, if we can bust thru the .0075 level we won't see much resistance and in my opinion that's when the MMs will be forced to short, let's run this thing tomorrow and get those MMs crapping their pants!!!
Pred
You have to call it in, I just put in a market order on this dip to make sure i got all the shares i wanted...
Pred
I'm looking at that .02, you can see it was support before that big run about 2 years ago and then it became resistance eventually. If we break .02 it appears to be blue skies until .06, lets hope we can get there!
Pred
Not sure if you guys are familiar with accounting language or not, but I'm a CPA so I figure I'll give you guys some insight on what I found interesting in the CC:
If they say they can cover all their debt and have enough capital to expand their current operations, that only means that ZLUS has what MOST of these BS penny stocks aren't even close to having, and that's a positive shareholder equity on their balance sheet... (Basically the difference between assets and liabilities) and the equity of this company could be more than the market cap of the company based on the numbers divulged to the people on the conference call! Most companies trade at many multiples of their actual equity by the way.
If you guys were on CC, you heard the what seemed to be shock come out of the CEOs mouth while he was talking about the current Market cap of the company and I think it's because he knows this.
So now we know this for a FACT, the company has positive equity (which is more assets than liabilities).
Now, they are selling some of their operations and products off to focus on their website. Strategically, you will want to focus on your strongest and most profitable business model and by keeping a lean environment for the company (which the CEO said is part of their strategy on the CC), they are selling off the operations that aren't as valuable to them.
So lets go back to what he said about being able to pay off what worst case scenario would be $7 million of debt. On top of that this sale will be able to help expand operations of theadultspot.com. Through deductive reasoning of proper business strategy (which the CEO doesn't seem dumb by any means) and the sale of the assets and assumed amount to come in from the sale, I am going out on a limb and saying that their website ITSELF is worth over $10 million.
If you do research, you will see that other websites with similar traffic flow and/or members will sell for millions.
Take all this into account and look at our current market cap... I know that many OTC stocks tend to ignore the rules of financial statements, but there is definitely A LOT of merit for this company to have a market cap over $10 million.
BTW, after hearing the CEO in the CC, I feel better about buying up so many shares, he sounds intelligent and proficient in business models, business operations, financial statement literacy, and understanding of the markets which is what EVERY CEO should have IMO.
My $0.02
Pred
CEO life savings in the company! No dilution... DUH
Pred
1.3 MILLION SHORTED TODAY!!!
Out of the 2.6 million traded 1.3 million was shorted!!!!
http://regsho.finra.org/FORFshvol20100301.txt
Pred
they are trying to pay back their FULL principal, this means that they are probably selling their nutraceutical business for a large amount enough to continue operations and pay off the debt...
IMO
Pred
Not me... if there is a flurry of EOD buying that means someone frontloading and looking to sell on news
If it's quiet then it looks like people are on the sideline to see what news is, when news hits and they decide to hop in, it'll rocket and cause a panic buying effect, which IMO is better ;)
Pred
Does anyone know the pin to access the CC?
Pred
I wouldn't expect anything grandiose, There's a CC today and IMO it's going to be a more in depth discussion of what we already know (debt settlement etc).
I do, however, think that the purpose of this CC is to lay the groundwork down for what's supposed to be coming to us in the future.
GLTA
Pred
Go ahead and e-mail the IR to ask the question. Refer to this post on how to get your questions in: http://investorshub.advfn.com/boards/read_msg.aspx?message_id=47189527
Pred
Check out L2, UBSS JUST came on bid, it's the first time i've seen them on the bid since i've started following this stock. They have always been on the ask side.
Now what do you all think the reason for this could be? Regsho numbers don't lie... ;)
Pred
20100226|ZLUS|332532|867200|O
http://regsho.finra.org/FORFshvol20100226.txt
Shorty keeps getting short... on average it's close to 40% a day shorting... they are in deep...
Pred
I was able to scoop some up at .0035 today, i was at the golf course and saw someone was selling so THANK YOU to whoever sold...
That person is going to feel sick in a week IMO
Pred
The MMs are starving for shares, they are short on this sucker and they are freaking out... when I hit the ask when it was .0038 this morning, they only gave me 100K shares and it was evident that they were shorting it b/c it took them about 2 minutes to fill me even though they were there on ask... they were looking for shares but they had none, so they shorted! (IMO of course)
Tonight we need to check out regsho to see how much more they shorted...
Pred
LOL it's why i wanted to know who was smacking ask the other day, I was on BID!!!! ;)
Pred
Ok ladies and gents, Pred is fully loaded, finally got filled at .0038, release the flood gates!!!
Pred
OK, who bought those million shares right there at EOD...
Fess up!!! I wanna know!
Pred
No, they are short more than that, that's just how many those bastards shorted TODAY, they shorted over 4 million yesterday... they're probably close to 20 million short which is 25% of the freaking float...
Dirty scoundrels...
Pred