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If that is the case then why is shot in gas so popular.
press release
Oct. 26, 2010, 9:45 a.m. EDT
Shot In The Gas (SKGO) Met With US Senator for Cooperation
BUFFALO, NEW YORK, Oct 26, 2010 (MARKETWIRE via COMTEX) -- Skybridge Technology Group's http://www.skybridgetechgroup.com (pinksheets:SKGO) subsidiary company Shot in the Gas, Inc.'s www.shotinthegas.com Vice President Mike Barbee met with Congressman "Cliff" Stearns (Photo image of Congressman Stearns and Vice president Mike Barbee will be posted on SKGO web site shortly).
Congressman Stearns has offered to assist Vice president Barbee in obtaining permission to help Shot In The Gas enter into a research program at the University of Florida, Gainesville, Florida www.ufl.edu to test the ability of the SITG product to increase gas mileage and to reduce harmful emissions from the use of fossil fuel. The main test will be the result on Shot In The Gas and its ability to help clean up coal burning power plants worldwide. At the conclusion of a successful test, the results will be handed over to Florida Power, Withlacoochee River Electric Cooperative, Progress Energy, and Teco, all Florida based power companies for further testing.
Successful testing of SITG product will make it possible for power generation plants worldwide to have the ability to burn coal much cleaner and help keep emissions under E.P.A. guide lines without spending millions of dollars installing air quality control devices.
In other company news and updates the company is in the final stages of finalizing the Textraw merger. Announcement of that event will be made shortly.
Earnings report due any day. Should be in the neighborhood of 100 percent better year over year than last year (for the quarter).
If management is being straight forward as in one of their previous PR's then this thing will do very well. There are a lot of companies out there that are not doing squat, have a larger OS/AS and still have a much higher PPS.
I am looking forward to the revenue year over year increase PR coming up VERY shortly. Should create a jumpstart.
One who knows the difference between hot air and reality and wants to keep money in their pocket. You can usually pick out the ones that trash the stocks (all stocks).
They must be gambling on selling it today (when there is a lot of action) at .0002 and buying it back when it goes to .0001 which everyone claims is happening. That it a 100 percent profit.
If they are succeeding selling a lot of shares at .0002 like it is selling at right now we are talking megabucks.
There were a lot more buys at .0002 (rest were buys) than sells at @ .0001(190,000,000)
Check out www.bigcharts.com and put in cldr for the stock name.
I am beginning to mistrust something with this stock.
Something just doesn't add up. I have seen this with other stocks and the next thing you know they are reversing.
The only thing here is that management claims they are going from 5 bill to 3 billion by the end of the month, so I expect something good to happen from that if it is on the up and up and the part of the revenue going up (year over year).
Good try, but most of the action is at .0002 and the action does not affect the price which is by the way only one tick up from the basement. There is good revenue reports coming for CLDR and the shares have been reduced FROM 5 bill to 3 bill.
You will have to do better to make the board panic:)
Pump and dump is actually good at these prices. I will take pump and dump but won't lead one.
What you don't understand and it goes with any penny stock at this price, it doesn't matter if they are a fraud. In a week or how ever long it is there are going to anounce a huge increase in revenue over last year. Unless I read wrong, the new management took over last October and appear at least in PR's or emails, to be trying to make things better, lower OS/AS from 5 bill to 3 bill and get the price back up closer to a penny.
With it already at the bottom. How much Lower can it go?
How much higher can it go:)
Your graph doesn't line up with Bigcharts. I even watched the trades and they were mostly coming out as .0002 sales.
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Are you guys playing ring around the rosy or did you sell out?
I am confused about the bid being solid. I go through Ameritrade and it only shows two bids at .0001 and then there will be no bid.
I do not know what you are basing your statement on but a reduction of 1.1 billion shares (OS/AS) to 3 billion and lots of potential coupled with actual revenue and growing does not spell your share price.
Compare it to other stock out there with 3 billion shares and you are talking a much higher price per share.
News is coming or this stock is ready to fly without the news.
How can you have a drastic drop in price when it is at .0004.
Profit taking
Maybe they are holding out on their announcement with Textraw to quickly get the other merger done before the middle of February?
I am in this stock and it has great potential, along with great products. I am also aware of the length of time of no PR's and price slide. However this type of thing being talked about unknown) is a legitmate concern. There are a lot of companies out there that keep this kind of hype away from the press and hope it goes away.
I do agree that negativity day in day out though is quite tiring and from that aspect, I say that if someone has that much issues about the stock: if they own any sell it and be done with it.
I am holding this stock right now and think it will go up. Too many good things that could happen.
The part that bothers me though is the energy they (SKGO) put into getting the reverse merger with Textraw done by December 23rd only to come up short. They were actually expecting it to be done before Christmas. Now, if they were that close to being done at Christmas, why do they need more time? We are almost a month later.
You are wrong. They do care, because when the stock runs they sneak their sells out their on the way up. It is more money for them.
The deadline for SKGO and this merger thing is Middle of February at the latest. (they said middle of first quarter at the latest for their merger with Textraw). What I don't get is they were aiming at December 23rd as the closing date and everything has been hush hush for almost a month now. If they were so close why aren't we hearing more like a done deal?
What was the AS/OS of these companies.
Go NWTT!
It was the night before Tuesday and all through their posts,
They were discussing the share price and making a toast
777 was ready to take them up high
The gold rush was brewing, the stock price ready to fly.
Then out of the east their came a big roar,
The gold was discovered, it was even more,
than what they had figured, its weight 6.44
The weight was in millions not ounces but pounds
and Fort Knox came knocking as they were quite down.
A birdie came flying along 777
He told them the stock price had made it to heaven.
My mind is slowly beginning to believe that the PR's don't matter. This has been an unbelievable run on this board. Who knows, this might start out at one penny with all of the excitement this board has shown. I think we just re-wrote the rules of stocks and how they run.
GO NWTT!
You may be putting the cart before the horse. It is speculative at best at this stage of the game. Once they move into production, things might change providing they get a gold find somewhere in there.
If is good to know there are great possibilities, but it isn't real until things start happening. It is only fantasy.
JMO.
Maybe what you wanted to say is
3 Mergers in the works + 2 completed mergers = 5 Possible Reverse Mergers happening!!
Instead of NWTT - 5 Reverse Mergers happening!!
They just want people to get excited over the long weekend. Obviously it is working as this board is a testimony to that.
I don't agree with 5 mergers happening. I think they could happen but NWTT sent out a msg. that it appeared one or two of those 5 mergers was not a good possibility.
I think this stock will move pretty good initially unlike what somone alluded to it going back to .0001 in one or two weeks.
Then there is the other extreme of multi penny land which I don't think will happen either. (at least not for now).
I think there there are smart investors on this board and they really do not believe what they are saying.
I personally do not like the word IF
If this happens or if that happens.
I would rather have the simple facts and deal with them as they come. Concrete PR's are much better than IF this IF that PR's.
I have seen too many IF PR's issued by penny stocks to get the crowd excited. More times than not, nothing happens.
I think .25 is a little on the high side right now. This time around a agree more with Marine.
We are beating ourselves up right now with the idea of saying that NWTT will go to .25, .50, .75, $1 or more.
The company themselves said that they are considering adding billions of shares (restricted?) so they can get many more companies. I am neutral on this avenue because my knowledge is limited, but even in NWTT's PR they said that they want to get the share price to around a penny (long term).
Long term = yes (maybe the stock will hit penny land. I know that NWTT has more going for it than a lot of these other companies that flew to penny or multi pennies; but I believe those companies were promoted and pumped and dumped. Otherwise how do you explain the price retraction later on back to the original price.
With this around the clock stuff, we are going to get more attention than any stock (in the history of stocks) and maybe that is all that is needed and maybe I am off here, but if I was a betting man (which I am), I would play the odds.
The odds to me are initialy anywhere between .001 to .005 short term is fair game. I do not think the price will go beyond this boundary as we do not know enough yet. It will skyrocket YES, as we were as low as .0001 (mostly .0002) and anything above .001 is skyrocketing. I believe there will be some price retracting if there is not more news right away to keep the fuel burning.
I am counting on the price going way up (between .001 and .005), where I plan to sell. Wait for it to retract and probably will buy more shares back.
All of this is only my opinion.
There are probably 100's of people out there now that haven't read about the company forecasts and that is good as that puts no boundary around this thing. I hope they (NWTT) finds that large piece of gold 1.4 million ounces but that is like me saying I am going to go metal detecting with my metal detector and am going to find a 1877 indian head or a 1916 D (dime) or a 1955 double die penny. While I have the possibility of finding these coins it is like finding a needle in a haystack and would take a lot of work.
I think what we have here is gold fever and we can't get our mind of of the subject of gold.
One thing is for certain though (and only my opinion) is that we will go up).
for our sake I hope there are thousands of gold fever NWTT wanna be stock holders out there with unrealistic greed that will drive this thing up faster than we understand. GLTA
I believe they retired those 600 million shares.
Moxy's going to be a billionaire.
Gee Willikers Batman, I think we are all going to be rich.
If the postings keep up around the clock until Tuesday, there will be enough hype to where this thing may start out at half a penny.
Maybe we can get gold as our future stock dividends:)
This board is starting to take on the appearance of a 24 hour around the clock vigillance. Maybe we ought to start assigning shifts.
Earnings will be beyond their expectations. They have used that verbage since September. Buy cheap while you can.
The price may retract a little and then go up. Don't despair.
You may get your second chance. You will have to stay on top of it though and already have your buy in for whatever amount.
If what some are saying is true your 109,000 will be
$27,250 if we hit .25 cents.