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I hear ya..
SPOM will run, great product and more coming. SPOM in all CVS stores and new product releases soon. Only 56 million shares outstanding and no dilution.
So, then you two guys are the guilty ones by keeping the bid down, LOL..
<Just kidding>
He's a real POS. Why do you think he fell so far in the draft? The Vikings got him because nobody else wanted him. He's garbage, plain and simple.
Moss backed a friend in a hallway fight against a white student who had allegedly used racist comments towards Randy's friend. Moss was initially charged with a felony for kicking the student, but it was later reduced to a misdemeanor. On August 1, 1995, Moss pled guilty to two counts of misdemeanor battery and was sentenced to 30 days behind bars at the South Central Regional Jail in Charleston, West Virginia. He served 3 days in jail starting that night and would be required to serve the remaining 27 days within the following 18 months, after he completed his freshman year in college. Moss was expelled from DuPont and completed his education at Cabell Alternative School. He's just a typical thug.
Looks very close to a hammer candle to me.
http://stockcharts.com/h-sc/ui?s=SPOM&p=D&b=5&g=0&id=p61053312104
i believe LiveWire Energy is the 1st company he's endorsed.
Doesn't that about say it all? He's not exactly sought after, is he..
Randy Moss is a low-life classless act. I have watched him play for years, I have no respect for the man. I remember when he was playing in Green Bay one time and mooned the crowd on national TV.
News would be nice. Something like better than expected sales. That would do it.
Don't look now, but....
About to go IMO
A little movement would be nice. Anyone have any stories about holding a thinly traded stock like this for a time and have it take off at a later date?
It's really hard to get into Walmart, don't count on that anytime soon. Also, If you get into Walmart, then it would cut the throats of your other retailers. That's not what you want.
Finished flat for the week.
http://ih.advfn.com/p.php?pid=historical&symbol=SPOM
Thanks dukester, you might be about the only one.
Just learn how to play the game, it comes with time. Read books, all you can. Then take what makes sense to you and apply it. It takes years to become a good trader. Two years ago I made 200K in the markets, this year I have only made 72K. I play options and trade stocks like AAPL, PLCN ETC. I recently bought 2000 shares of DDD at $48 and it just printed $65.47 a new 52 week high. I have a $5 trailing stop on it now. I don't play many pennies cuz at times I get crazy and lose thousands, but I really think this is a good one. We'll eventually see.
I thought this board was for conversation. If you prefer I didn't post to you just say so and I won't. That said, I do know a lot about the inner-workings of the markets having known a couple CEO's and a retired Nite market maker I became friends with.
Not completely, it gives you an idea. It works differently on every stock. The stock market is a big racket with insiders and their friends having the advantage. You have to know how to play the game.
I have L2, but it really isn't that much help. Oftentimes it lies like crazy. You might see a market maker sitting at .02 on a higher volume stock showing 100K and 5 minutes later he is still there at the same price after a million is sold. They show what they want and lie all the time.
try 110,000...not a million
Not necessarily true. Reading saturation, or shares left, to any higher number like .02 is impossible on L2. Only on L3 can you read total bid and ask count and that is only available to the M&M's and pros willing to pay big money for that info.
For example, Nite shows 40,000 at .0174. That said, he could have a million or more for sale at .018 to .0199, that you cannot see because they only show the lowest ask and the highest bid. The rest of the numbers are masked.
.this stock needs promotion and awareness=volume
I agree with that, but, real company's with real marketable products don't usually need to promote the stock because the fundamentals will eventually promote themselves. When an OTC or pink stock is promoted, it costs the company to promote and the promotion always ends up in dilution. We don't need that.
I for one, can wait.
Patiently waiting for the next big Kaboom
I'd rather see it up-tic slowly. That way the traders aren't tripping over themselves to get out the door like this last run.
With a low float stock like SPOM, bid support dries up after a hard run and the stock cannot support sell side volume in the allotted time frame. We witnessed that exact occurrence after the .027 high. Slow and easy..
I am one of those bag holders with an average of just under .021, but I am not worried about it considering the initial shipments of its new consumer wellness product to US retailers generated approximately $300,000 in revenues to the Company in 2012. Just think, that was sales to just one drug store chain. The company is looking for additional retail outlets for this and future products. Also, the Company has received orders for additional units of this product which it anticipates delivering in Q1, 2013 so that means the sales are continuing.
SPO is also in the final stages of preparing to release a new consumer wellness time-piece designed to measure overall daily activity level, especially useful for overweight or obese adults and children. This product, which the Company expects will be marketed through a strategic partner who will market and distribute the product at their expense. The company (SPO) will get 50% of the earned profits after costs. That eliminates all risk for SPO and a lot of risk for share holders.
SPO continues to seek strategic partnerships for other product opportunities under development such as a baby wellness monitoring device for parental reassurance while a baby sleeps and a fitness watch which negates the need for the traditional chest-strap currently being used by most sports watch manufacturers.
In other words, this company is for real and is growing nicely. At some point in the not-so-distant future, people will be fighting over this stock with a price much higher than it is currently. As revenue increases, this low floater will fly.
So much for your claim that CEO Michael Braunold is not doing a great job. I don't understand your thinking considering how Michael Braunold is growing this company and doesn't seem to need to dilute.
I wonder where the 1,000 went LOL
If the market maker that filled the order is still net short or he is looking to accumulate, he may have taken the 1000 shares himself piggy-backing on the buyers commission. My friend who used to work for Nite told me they will do that.
Can't argue with that logic.
LOL, I see that by the volume. (grin)
You guys ready to rock
You ready to buy at the ask?
Yep, and only 12,300 left at .0150
Think they'll get moldy, LOL..
That's a start, giddy-up SPOM!!
:o)
Wow, huge improvement today, no one has sold yet,
LOL..
Does one share like what you telling me about count? Never mind, I guess it does to some people.
.happy to get anything below 0.02
I have already stated that I will not average down on my 400K shares, that is one of my rules. That said, I see and read a lot of chatter like yours from posters on this board how they are buying or are going to buy yet I see no evidence of that in trades or volume.
Would be nice if people started slapping that .017, but no one seems interested.
I started out buying 400K at an average of .021. I have a rule about never averaging down if a position goes against me. That rule has saved me countless thousands in the past when I really wanted to average down but didn't. However, I will average up if the worm turns and the value is there. I think the value is here which time will tell.
Got filled today (AON BUY order) on a lower volume day at a lower price...so much for not getting my order filled on a low volume day.
I don't care how you trade, that's your decision. As far as your above statement of; "so much for not getting my order filled on a low volume day" I never said you wouldn't or can't get a conditional order filled on a low volume stock, what I said was; "they can and do often-times ignore a conditional order like AON," that's all I said.
eZ3, please don't take this personally, but if you get it (or got it) like you say you do, then you wouldn't have posted the following:
I don't know what this means if it means anything (just putting it out there), there are aspects of L2 and stuff the MMs do that confuse me, but I know that yesterday a tried to buy shares at a higher price than was the current PPS and NITE sold that same amount that I was trying to buy at a lower price...any thoughts?
Plain and simple, on low volume stocks, they can and do ignore AON orders. If you get a bad fill like you told us about on a non AON order, most brokers will refund your commission like AMTD did after I told you they would.
Often-times, when a low floater like this runs up, the M&M's must naked short to fill buy demand because there are not enough on the sell side to cover demand. When that happens, M&M's are net short and must cover. Remember, M&M's are allowed to naked short to fill buy demand, but at some point they must cover. Also, the M&M's will take advantage of low priced shares and inventory them after they cover anticipating the next run. So, if they are net short like I think they are, they will do all they can to drop the price and shake all the shares they can. They will try and drive the price to .013 to see if they can shake more than 315,000. After they have covered and have loaded as much as they can, then they will start slowly moving it back up, perhaps starting another run. I know the the above to be fact because I became friends with a retired ex M&M that worked for NITE and he told me some cool stories how the M&M's worked together at times to avoid losing money.
As far as our .0131 low today, that is what is ugly. I say that because the last time the low broke below .014 the stock traded in the double zero's. Whether that means anything or not remains to be seen.
http://ih.advfn.com/p.php?pid=historical&symbol=SPOM
Whom ever is bidding at .013 for 315,000 shares will no doubt get a fill. Man, this is getting ugly.
Never mind, I got it.
Can you give me the missing letter on that ticker? Just don't post the other three.
TIA
You are welcome. Now you know that a little squeak gets the oil at AMTD. Now, you should change your order.
On my L2, ATDF is showing 80,000 at .023