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I agree from a logical standpoint which is why I made the decision I made. I was on vacation when PSPW dipped down in the 50s before starting it's run and I really didn't want to pass up the opportunity to pick up more at that price, but I looked at the numbers and figured people would find more comfort in actual numbers as opposed to what could be coming.
no doubt. had a feeling PSPW would be at least 10% green today but thought STTN would be more.
at least I'm 'losing' on legit plays and it should only be temporary. should being the keyword.
Looking at the close I shouldve done the exact opposite. Coulda made +20% on PSPW from yesterday to today and then put all of that in STTN. : /
Can't win them all.
from what i have read it does appear to look good in the short to medium term.
i ended up jumpin in STTN instead of putting more into PSPW and only time will tell if it was the smart decision.
yeah, looking like the bottom.
does the reversal begin today?
either way, i just wish my bi-weekly income was higher so i could be buying right now! : \
looking good : \
At least you would be good at pep rallies. Being that you no longer are the athlete. :p
I love humour.
that's cool then. at least you are not wishing we all lose our money. i for one have been here a few months and plan on seeing what happens in the next 3 and 6 months. of course my opinion on the stock could change if Toby and PSPW stop doing what they have thus far. As in post jan announcement including the first time they set a timeline for the merger but then delayed because of UK tax season. They even put out a statement regarding the 'special meeting' because many shareholders inquired and they wanted to ensure people didn't have the wrong impression.
So far this company does stand out from the other OTC stocks that I have seen. As we all know, talk is cheap. Let's see what action happens moving forward. : /
Only time will tell if those of us holding shares currently made a poor or good decision. we are hoping good. can we have your well wishes?
I guess a teachers gotta make a buck somehow. ha. : /
makes sense.
it does appear as if the MMs are in the driver seat right now. i cant help butlook at the period (on the daily) from hitting a high of 0.75, to the low of 0.43: 6 red candles before a series of green. even before the red there was 1 green and before that a bunch of red.
i know this is off topic, but amazing show with great characters.
: \
we all sit and wait, just look at the charts in the ibox and see what happened before the big run up - red, red, red. im not predicting anything, just saying that at times things come when no one expects it. (or least expects it because we do know info is coming at some point)
slick reference still! : )
just curious jr1948, but do you have any intermediate price targets you are looking at between now and $4?
previously you had very specific targets. : \
yeah i heard about his skills and have recently watched some of his videos. my TA needs improvement and i plan on working on it for, well, the rest of my (investing) life.
i know he stopped by the PSPW board a while back.
but as other people have just mentioned, maybe there are some gaps above where we are currently trading that need to get filled.
personally i feel those will get filled as we make our steady climb and more information is put out from the company regarding the progress of their plans.
there is something admirable about a no fluff and transparent company in today's investing world. now i am not saying they are transparent about everything and put out absolutely 0 fluff, but they have been very good in both areas relative to the field.
i am not sure about the 14 day rule either but for anyone looking for some info on gaps, i know lowtrade has the following post with some information: http://investorshub.advfn.com/boards/read_msg.aspx?message_id=52290086
im with you alto10000.
i was looking at the chart linked by crusader and the gaps and i dont believe the one near 0.50 will get filled (if thats the one being referred to).
it wouldnt be the first time i was wrong but with the steady climb thats taking place im not sure the plunge to those prices will occur.
who knows?
they could be selling for any reason.. maybe they are pulling the money out to make a quick play on another stock and then put the original money plus profits back in PSPW for around 80 again?
people make all sorts of decisions for whatever reasons. : /
i know that i am not selling right now. if anything, i will add in the next 8 1/2 (trading) days.
i for one will be interested in how your next target price works out.
as much as some people on the board will not admit, your trading strategy on PSPW thus far with the targets mentioned would have definitely made you more than others on this play, but at the same time, less than others.
i enjoy reading your targets just to see how they work out as i improve my TA. : \
with respect to doebop: a close above 1.00 EOW would be nice as judging by the charts that would indicate that the bulls are back for now.
is this the quiet before the storm?
haha. nice.
why is the toy car not running?! : \
That's sick and admirable.
Congrats n enjoy. : )
however, i do believe having more money grants you more freedom to do whatever, whenever.
plus, with more money, you can help more people.
i noticed that in the wording as well where it states "may, in the future, assess the possibility.."
i would love for it to happen sooner but not banking on it. as rookie has been posting, there are other things in the works and the next 2-3 months should reveal more about the companies plans for this year and the future.
if we keep following these patterns and being a 'daytraders' dream, i might just keep on improving my daytrading skills. :P
just curious, with respect to the chart, its a priority to stay above the cloud to the right of yesterdays candlestick; correct?
what about the signal to buyers who follow these charts with a close between 1 and yesterdays close? TIA
from the past few months, they do like fridays PM/AH. : \
i was under the impression that they were two distinct and separate filings. i am not 100% certain of this and therefore could be wrong. i thought the delay was on the filing of the Q1 PSPW (as a shell) filings and the other filing was to do with Seawind financials that come after whats mentioned in the s8k. : \
thats what i was thinking.
i was expecting either PM or AH, given M-F equals 4 business days.
wait, was there a misread?
i am not 85, i am an '85 as in 1985. : )
yeaaaaah, im chillin on my blade of grass. the wind may blow, vicious at times, but im still here.
(ps, happy belated, im an '85 so not too much of a gap)
the minute it rains the worms come out to play..
'weee that'
haha, funny.
i might have to use that in life outside ihub. : \
glad i added multiple times yesterday.
just wish i put a lower limit bid before going to lunch. coulda paid less for even more.
the new pick is looking appealing. may have to throw a some flow at it today. : \
yeah, investors love seeing green in their portfolios but as has been said a few times over the last few months, sometimes its preferred to move at a gradual climb as opposed to quick runs n then retracement/consolidation. everyone invests with different rules to guide themselves; some with none at all. in the end the stock we have invested in has a small float, high volatility which MMs can exploit on the OTC market, but has a lot of fundamental and intrinsic potential.
enjoy your night. light it up.
if i understood todays filing correctly it was referencing the previous PSPW shell and is not in connection to the filing we are awaiting. if they stay true to their word, it should be out by end of day Thursday; AH included.
the delayed filing shouldn't matter.
"Item 13.
Financial Statements and Supplementary Data
Consolidated Financial Statements for Seawind Energy Limited and Seawind Services Limited for the fiscal years ended March 31, 2010 and March 31, 2009 are filed with this Report as Exhibit 99.2.
Unaudited financial statements for the nine-month interim period ended December 31, 2010 and pro forma financial statements will be filed by amendment hereto within four (4) business days of the closing of the acquisition of the Seawind Companies by 3Power Energy Group. "
i believe that is what you are referring to? or something very close to that dealing with Seawind 2010 financials?
nice.
i find it amazing how for the past 3 months there have been times where this traded more like a pure penny stock and others where it was more like a big board stock following the charts.
some of you 'chartists' have been as accurate as anyone at points even though the penny stock mentality persists in the mind of stockholders. im still sitting in my long boat enjoying the waves and trying to keep a level head. not too optimistic, not too pessimistic. stay realistic with it!
as i said previously, the new few weeks and months shall be interesting. : \
i hope your nose is right.
if not, well, we should be heading in the right direction by then.
let me ponder as my mind wanders..
no doubt about that. just got back from South Africa (where i was originally born) and visited a prison that Mandela, Gandhi, and my aunt had previously been incarcerated in. cold hard reality.
i came across PSPW after losing money in a few other plays and started with a nice position when the merger was initially delayed. slowly but surely i sold at a loss in a number of other stocks to put in PSPW. i told those close to me it will either be a brilliant move or an idiotic move. i think its turning out well and is going to get better.
i have a feeling of where you are coming from with your statement and i appreciate your sincerity. i love what i have, understand many people have less, and will always want more. the more i have, the more i have to give to myself and others.