Working on the big PENSKE project
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Hang in there dude. I bought in at 0.0035. The lower the price, the more attractive this is going to look when they start coast to coast distribution in May and June. I just wish I had opportunity to buy at this level instead. These are the ones who will make bank.
They did release a PR about adding storage space for media files and such. One of the reasons the product was delayed from launch. Does anyone else remember that, or am I losing it?
Whenever I bring up television advertisement, they seem to release PR in regards to it.
In my dream world, I would like to take credit for that idea :)
I complained about how no one does tv commercials and then they released PR that funding commercials was going to be discussed at the board meeting.
THen after demo was released I said, next thing they need to focus on is getting the tv advertising going and they just released PR for funding.
Sure could use a PR update :(
Same here :)
Did someone on here have pictures??
In essence it does not matter if you buy before or after the split. You can either buy pre split for the more expensive price and then get free shares at the split, or you can buy post split at the cheaper price. The outcome will be exactly the same.
Investors behavior towards a stock however is a different story. A lot of people invest before the split and the price starts to rise. Then the quick flippers looking for a short term gain will sell just before the split when it is at its highest price. The ones that stay in until the split get the free shares, but most of the investors have sold off already and the price starts to tank. That is what happened here last time when they did a 10 to 1 forward split.
However, that was before the GOTV was released. This time, investors may actually keep their shares so it may be recommended to hold your shares.
My opinion, the split is going to bring the price way down. You have the stomach to hold, I would recommend doing so. Advertising is going to start very soon on television and on the internet about the gotv. New investors and the general public will be made more aware of gotv and maybe even this stock. When they see how low the price is (possible in the 000's) they are going to load up.
Second half of the year they should hopefully release revenue information, and they will have the GOPHONE ready for launch and I think this stock will hit the penny AFTER the split. That means you can take what ever you invest and basically multiply it by 9 or 10.
Risk yes, but there is plenty of award. I also recommend this one over pretty much all other sub penny stocks.
I have my sell order in for one penny now. If it hits then I am out and will hope the stock tanks. I will then reinvest 100 percent of the money back in. If it does not hit the penny before the split, I am taking the free shares and setting the new sell order at a penny.
The further this drops the more investors will hop in. I made good with this when it hit the penny. If it returns as low as 0.002 again, I will be back and maybe with more capital :)
I don't think it will get that low again before their next PR. You do not have to worry. I am not that lucky.
Fantastic PR day I hope we are able to break even :) I think investors are still looking for this company to find the cure for cancer before they invest.
I would say false on that 0.02 prediction and I pray for the 0.01 but given the pps reaction to recent news, I would say very unlikely also.
I am no Oracle, but I would guestimate 0.0075 before the split. I would love to be proven wrong though :)
I would also guess price will crash post split. I will hold though because it will be back up second half of the year with the GO Phone. I am predicting penny then.
Your crazy. I like you, but your crazy. Same speech said after 10 to 1 forward splits. It still came back.
THey released right in the PR the seven or some odd name changes they've had since they started. (bare in mind that this was once a music company for a few short months) I can find an in depth article that goes into great detail about the name changes.
No reverse splits?? DO you really think the stock just spiked up to 1 or 2 dollars and quickly went back to nothing?
I was in this more than a month and you certainly need to do a lot more DD.
I sold out at 0.0001. Good luck with your DD.......shaking my head.
looking forward to getting some sort of update in writing......
You may not have the stomach to wait around, but they are distributing their new product in May on the east coast and then distribution will start on the west coast in June.
It is at those times where we will get our movement. Maybe a little before with build up of anticipation. I was hoping for early take off, but I am not selling at a loss at this point.
I will be forced to wait until their launch before I determine if I want to sell.
I love this company, but when I start talking sup penny stocks with anyone, they think it is a scam and waste of time.
If your family sees a commercial on tv they should feel at ease that at least there really was a product being promoted.
I'm debating now if it hits the penny mark before the split if I should sell and hope it falls again, or hold through the split and sell at a penny post split when the GOPHONE makes its entry....
YES!!! TV Advertising. I still think this is the best way to inform the public. Very glad they are doing this, and not just relying on internet advertising. They are dropping some monster PR's before the split.
True I probably worded it wrong but they are multipliers. A 10 to 1 split means you can multiply your number by 10 and the 5 to 1 splits means will be able to multiply by 5. You are right though. It is 4 shares we will be getting.
Your bigger potatoes than me :) I think with the GO PHONE second half and revenue updates on the GOTV you will be in excellent shape second half 2010.
on my fidelity account the ticker is just a bunch of random number and then the name next to the ticker says GOTV. I would not worry about it. As long as you have something in the account you'll get your paycheck :)
Imagine if you had saved all your shares during the splits. The splits would have compounded. Each of your your shares from the 10 to forward split would have gotten you another 10 shares and then all of those would have been multiplied by 5. Your next penny sale could have been a 6 figure number in your account.
Perhaps us longs should not watch this every day and torture ourselves. Let the company do their thing and get the product distributed coast to coast and then come back and look at PPS.
Close at 0.006 would be awesome but anything in the upper fives will be a nice start for tomorrow's trading.
Next focus now is ADVERTISING. Free trial has been extended and hopefully credit card purchasing has been enabled. I know there is going to be a release on the telephony magazine, but there needs to be some television commerical advertisings and those MP4 internet advertisings. Also, I remember he said next trade show that was to come around they were going to have a finished product to show off.
Gotta let the public be aware of this now, not just the investors :)
agreed, but this is only one day so far. A lot of red before this day...hopefully this wasn't a short lived green day.
How would any of them ever make it to the penny then? Why didn't the profit takers stop it from hitting a penny twice before last month?
There is enough to get it to the penny POST SPLIT when we start hearing the success with the added go phone second half.
Haven't had a chance to view the demo yet, I'm at work. I am hoping that it came out professionally and the product looks attractive. With the forward split only a few days away, we need to keep the excitement up so that PPS stays green.
Daily flippers should be hopping on board right now to get a quick gain from the demo launch.
I'm long term, but I think this would be a good play opportunity.
Between the new website and the seperate launch dates for east and west coast, there should be enough PR to break through the 0.0035
test the 0.0035?! certainly you are not referring to today are you?
I can believe the Oracle, but maybe people want to see the PR with the link to the demo. Does that mean the website has been updated to take credit card payments as well? I know they said that would happen simotaneously.
May launch east coast and June launch west coast. Those will be our big months for PPS movement hopefully. That is plenty of time to work to the penny.
The further this goes down, the cheaper your entry. This can be looked as a good thing. May will be a good month. It is unfortunate I bought at the highest, but I will sweat it out. It is people who come in over the next few days that will make the most money.
That was an excellent PR today and yet not much love for ATNP. I wonder what other things will have to happen to get people to notice ATNP again.
Yeah I remembered the stock tanked after the 10 to 1 split because that is when I made my first entry point. It is different now because we will be able to see the product and the GO Phone should be out second half of 2010.
A better bet is what you said about the dividend announcement.
I know what you mean. I still check in on that board even though I never invested becasue I was curious if it was EVER going to move.
THis company is known for name change reverse splits with no results and no updates.
Not worth the lotto play. You are better off looking at other 0.0001's if you wanted to go that risky.
I'm thinking that is what it will be. The demo announcements were already covered in the last pr so a safe bet would be something on the forward split.
That would be interesting because I felt they covered all pending topics with this latest PR. I wonder what the next one could be... :)
I'm praying the go phone second half of 2010 will get us back to penny land post forward split :)