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Don't you guys get it - 1.75 is now the MINIMUM this stock is worth. The only way it gets rejected is if we can do BETTER!!!
JACKPOT!!!!!!!!!!!!!!!!!!!!
WAY TO GO GUYS!!!!!!!!!!!!!!! HANG ON FOR MORE -- DON'T SELL FOR A PENNY LESS THAN 1.75!!!!!!!!!!!!!!!!
Newenergy1 -- is that true there are no shares left??
If that is the case, then people should lock there shares in a GTC -- Good to cancel -- so the shares can not be shorted. I just locked mine up on a good to cancel at 3.00. Everyone else should do the same. If everyone does this then maybe we can really put the squeeze on them.
Yeah I got some more down at .31 just like I said I was going to do on here last night. I would have gladly paid .395 but the gap down was a gift to buy more.
Remember, Matt Chart forecast that it would probably go back down to .32 last night then rebound very strongly from there. Those charts do a very good job!!! Thanks for that Matt!!
msgbrdinfo
You are correct. I think there will be a buzz about this stock all the way to the conference call and hopefully there will be a little momentum behind it. I think MM's know they can't take this down too low because there ARE people getting excited about it and accumulating it. If people are patient and buy the dips, it's hard for them to take it down without it bouncing back again.
This stock could have already easily run over 1.00 if the MM's had let it. They can easily attract more money coming in by raising the price and get people to sell by dropping the price and inducing panic. That's what they do.
I know we will go up from here but it will be a tough fight. The report we just got back today should ease investors concerns about the company and I trust our DD is correct, especially as the N1 report substantiated it! Good luck!
Gaza21
That is how I see tomorrow going as well. I do think it will be volatile tomorrow and I hope to find a good price in a dip. Actually, if I could get in at .395 I would be all for that. We shall see.
Lukin4winners:
Well you have to ask yourself, who would want to keep the price down while the company wants it high for a higher buyout number?
I think the logical answer to that (besides people with a short interest) would be people interested in buying the company. They want to keep the share price as low as possible so they can buy it on the cheap. This report validates the company's claim to staggering and mind-blowing gold and other mineral deposits so they can't keep this down too much longer. Just keep buying on the dips and accumulate it - with this low of a float they will have a very great demand for shares and the price should go way up as a result.
MSchoen
Well that's a pretty ambitious plan and if you can keep doing that, you probably won't need that Master's Degree!! Even the best of mutual funds will brag about 10-15 per cent return in a single year!!!
This is a very volatile and wild stock and I agree it is being manipulated by the MM's. On something like this you just have to be patient - you will get the great entry point or the great exit point if you do not give in to fear or greed and you can make a lot of money on it. This should continue all the way until at least the conference call because there could be something very big there. I am hanging on but adding more if I can get a great price tomorrow. I think I will!
Regarding Sandpiper's post:
"Must read! Bigger companies do make buyout offers all the time to smaller ones based on historical records because they can buy for cheap. Don't listen to b402 and his partner trying to cast doubts.
The reason they can buy for cheap is because they argue they take a bigger risk with those older, estimated numbers, even though they know there's gold in the ground. Otherwise they wouldn't make a buyout offer.
I know because I own stock in a small gold company that was offered a buyout based on test results 15 years ago. The company declined the offer and is completing a drill program to update the numbers. Because it's more extended and comprehensive, the company expects better results than the previous tests. Based on the new, improved results, the company expects a better and more fair offer.
So yes, it's no surprise that saie said in Oct. that it received numerous buyout offers. Why? Because the big companies know there's gold in the ground and that an offer before this NI report could be made much more cheaply. Now with this NI report, that has changed. And it will even be harder to buyout saei for cheap after the new drill results in first quarter 2011 because the numbers will be much more firm.
That's why this NI report is important. It adds credibility and firmer numbers not just for us to see, but more important for the prospective buyers to see. Then, in the first quarter of 2011 when the new drill results come in, those results will much further confirm and establish and add to the numbers that we saw today.
In other words, saei management is not stupid. They're doing exactly what is industry standard procedure. And they're doing it to maximize profitability should they want to sell the company instead of becoming a gold production company.
Obviously, should saei start producing gold, then the buyout offer will have to be even higher.
So, don't be led astray by wolves in sheep skin.
This NI report is very important and shows that the B & V mines are indeed major and world class"
........great post and I think you nailed the head on why this company is so valuable. My2centsworth on all this is that N1 report IS that important. The company could really do nothing until they had this report done to validate how much the mines were worth. My gut feeling is this company has no plans to mine the gold themselves but they are going to take bids and sell off part or all their interests in these mines. They may even announce something at the conference call but I think now they can go ahead and entertain some offers to see how much companies would be willing to spend on it. From all the DD presented here, this could be quite a bit of money here. I think you really have to hold on instead of trying to flip it, but the patient shareholders will be rewarded once the investors who now see the true value of the mines start coming in to play. VERY interested in hearing that conference call coming up.
Mschoen
That's easier said then done. You never know how long that run is going to last and you could miss out on something very good. If you go in with a gameplan of what you would like to sell it at then that is not a bad idea at all.
Not sure what to make of this though. I still trust in the DD provided in this website and I think if all this is true then this SHOULD be trading much higher - probably in the 3.00-4.00 range. I think we will get there eventually but it isn't going to happen overnight. I am sure we are due for another wild day tomorrow so watch the exit and entry points. With this news though the MM's will have to be careful about taking this down too far because you have a very strong buy down at these levels and people will just keep accumulating and holding it with the price this low.
Sorry crfield
You gotta love that Borat though -- he is pretty funny. You are correct, you made some good points in your counterpost and you are right of course. Right now, it's all about the entry point and I will look for a good one to get in and buy some more in the A.M.
Sandpiper
Very good post -- 10 gold stars for you -- I am buying more tomorrow so hopefully I can get a good entry point in the morning.
Buy in NOW!!!
You can still get a ton of cheap shares down here boys. Go grab 'em because this is going to fly!!! And if you sell right now then you just must hate money.
Lukin4winners
......EXACTLY what I am talking about!! You can just get the good vibes that it should be very good news for the longs!
ADVANCEDPC.......
Well, that's an easy one -- it all depends on that report. MM's will have to be very careful where they put that opening price. If the report gets delayed again or if it comes out bad in some way, we longs will get creamed and this gets rocked for a 70 per cent loss again in about 10 minutes. That fear kept people from buying hard at the close in my opinion.
However, the company has come out with a press release announcing it will be out by 6 am tomorrow and I do not see why it wouldn't be there. I EXPECT it to be there. Also, I just get the vibes from the press release that it will be good news. It just sounded to me like the longs would be pretty happy and that's just my hunch.
How good will it be?? Well, we should find out pretty soon. This report will probably clear up a lot of doubts people have about this company and how much it is worth. I think the people who think this will open at 1.00 are absolutely dreaming. After seeing how much this stock has been manipulated, every penny gained will be tough. At the same time, if it DOESN'T gap up with a good report, people will be able to get in cheap and you know they will be buying hard if the price is still low. My take is with a good report, some people will want to sell the good news and the MM's know that. Look for them to hold it down and it will take intense buying pressure to move it up over the .69 we saw the other day and it might take a few days to get there, too. Be prepared to hang onto this one a little longer than you thought, but I do think patience will be rewarded.
Louc -- I think you are right on the money. A lot of people do not want to risk another delay on the news so they are holding off. If we do not get that report, we undoubtedly will tank down to .15 or possibly lower.
I am still in though and I have confidence in our DD that we have done. I think we are looking good tomorrow and today wasn't a bad day at all!!!
Best guess -- .44 close
We shall see. I think we are in great shape for tomorrow. This stock will be in play tomorrow and with a good report we should see a very nice day!! Good luck everyone!!!
If you don't get into this stock now
....then you just must hate money is all I am saying. I think newenergy is right on this one -- we are going to see 2.00 a share in the very near future.
How much longer can they hold it down?
There's like no selling on this stock - it is going to explode pretty soon!
This would be a GREAT time for the company to buy back a ton of shares. If they have 3 million to spend, why not buy back now at a low price, ignite the rally and absolutely crush the shorts at the same time. On this low of a float this thing will FLY with that type of extra buying power.
Buyout???
I was thinking the same damn thing. It HAS to be. They keep the price low so that they can buy it for as cheap of a price as possible. This stock was running up to .69 when a band of MM's showed up all of a sudden -- there were 25 of them Friday afternoon. Shortly after this they just raided this stock all the way down again. Everyone was thinking it was just a bunch of shorts but I think this is being done to keep the price low so someone doesn't have to pay 10.00 or 20.00 a share or more for this company.
Pennybuffet
Answer -- No. The company said they expect it by the end of the week so I am thinking Thursday or Friday at the earliest.
Jackson2 -- thanks for a reasonable post.
This was a tough one to watch today but it's not a loss until we sell. Hang in there - I think you are right we should be getting some good news very soon and I remain undeterred - this is a tremendous buying opportunity down here.
When it goes back up again, it will go up very fast but it's going to take some good news. I think if you believe in this company and the DD we have read is true, we will be glad we were able the share price dipped this low so we could pick up more shares. I was going to buy in today but the funds from my savings account didn't go through so hopefully I will be able to get in even lower tomorrow.
If we get that report and some kind of guidance though we should be off to the races!
The MM's and shorts did every one of us a favor!
I hope everyone bought a ton of shares at a great price.
It's still way undervalued here -- this is just a screaming buy down here.
Actually -- this is just fine with me
This is the day to add to your position or if you don't have anything yet, the perfect time to buy.
That report IS coming -- just delayed a few days. NOTHING has changed here. Let the MM's clear out the suckers and take it down but they are going to give every one of us a great time to buy.
The people today are selling for the wrong reason. The idiots wanted a quick buck and they will lose. If people just hang on there for a week (big deal) they will be rewarded. Not sure how long to wait before pulling the trigger - will be very volatile today but .35 is just a fantastic spot to pick up a lot of shares and anything less is just a bonus.
RRSS44 -- I am doing just the opposite
I trust in the DD provided in this company and realize what a tremendous opportunity it is. Look to see if this company makes an announcement tomorrow and realize we are on to very good things.
If it does not come out tomorrow morning with something and the stock tanks look at that as your opportunity to score some very cheap shares. I am looking at tomorrow as a time to buy not sell. Do not give in to fear or panic -- we will do just fine in the next few weeks. We will get that report eventually - probably in the next few days if not tomorrow. The company also announced they will have a few updates by December 20th when they will have the company update.
Regulus 60
We are on the same wavelength....and I think there are a lot of other people that are thinking the same thing. You just can't sell at this point -- there is too much potential here and the price already got gutted as it is on Friday.
The lower they take this, the more explosive it is going to be. Can you imagine if they are stupid enough to take this down into the low .30's or even lower how hard this is going to get smacked by all the buyers?? I am not kidding or saying this as a panic-stricken investor but someone who has looked at all the information possible just like you just licking my chops.
It's kind of like picking up a brand new X-Box for 25 bucks because nobody else wants it. Well, to us it's just an even better deal so just bring it on!!
Here's the gameplan for Monday
If they do not have the report filed by the morning, I would expect the MM'S to take this down pretty hard and I expect bloodbath number 2. That's ok.
Let them take it down and we can capitalize on the panic big time. WE have done our DD on this and we know what's out there. I say let them bring it down hard - but be ready to buy in JUST as hard when things settle down. You watch - they will bring this back pretty fast after the selling is done and they start seeing the buys coming in. There is nothing fundamentally wrong here and we should still get that report back at any time. At the very least, December 20th will bring an update for sure which promises to be very good.
So sell if you must, but I will be camped out looking to buy at a very nice price if this happens and I will wait it out instead of buying into this irrational fear that I have to sell everything because it is going down.
And of course, if the news IS announced, all bets are off, we should be off to the races and I will stil be looking to get some more if I can find a decent entry point. There is still WAY too much interest here for this to tank very long and with this much potential I am still convinced we will see our 2.00 a share in the very near future.
BRING IT ON -- I WILL BE READY!!
I agree we will be getting good news!
The best time to get it would be right at pre-market so we could just blow up the shorts. Would LOVE to see those shorts just get drilled by a nice gap up on some outstanding news and be forced to cover.
Good news IS coming out very soon though. If this takes a price hit or even just stays the same on no news - we hit it hard and hang around for the Dec. 20th news. Either way, if we are patient and don't give in to panic, we will come out of this with a lot of cash!
Article by Wall Street Bulls/Game Plan
....Still excited about the prospects of this company and I trust in the DD that has been provided both by that website and what I have received from here. After reading all this, how can anyone honestly think that this company is worth less than 2.00 a share???
We should get some news Monday morning that could help launch this stock up to where it should be, but if not, I will wait for people who do not know any better to sell and then pound it even harder than I have so far. By December 20th, we should be getting the official announcement from the company regardless and from everything they are hinting at, the news should be very good.
If this gets back down into the .30's or even just stays where it is at, I will buy a lot more on Monday even if that means moving a lot of things around. After reading all this information, this just might be a once in a lifetime investment that pays off HUGE, especially from these levels. I just wish I would have been more liquid so I could have bought with both hands when everyone was panic selling on Friday.
If this DOES gap up which it very well could, then I feel very sorry for the people who got out. I admit I was tempted to get out too as I thought maybe there was some bad news that I did not know about, but I am all too aware of the games that the MM's and shorts can play. Clearly they had us targeted - NewEnergy reported there were 25 MM's out there all of a sudden and they made a coordinated effort to blitz us shortly afterwards. What they just might have done is give everyone a tremendous buying opportunity for Monday. Somehow, I don't think we will get that chance but if we do, wait for the suckers to clear out and buy this thing as hard as you can.
That's my game plan -- good luck to all !!!
New Energy
Great -- but we still have plenty of business at hand here! Let's rock this one out of the park because we have a ways to go on this one!!
re: if company made announcement before close
....share price probably would take a big pop, but these things are usually done after the market closes. Then everyone has a whole weekend to digest it and then usually you get a huge gap the next day. That's just the way I see this going.
NEW ENERGY1
You just let me know which stocks you are heading to after this run because I want to ride shotgun on that one too. You have done an awesome job on your DD and that information is what kept me going strong even through the dips.
DO YOU REALLY WANT TO BE OUT OVER THE WEEKEND????
I expect heavy buying into the close as nobody will want to be out of this over the weekend with the report very likely to come out......
The Kraken is loose....Godzilla is loose -- the shorts are running for cover and there is serious buying going on again!!!
GREAT DD on this company by New Energy enabled me to feel confident even when the stock dipped. I believe New Energy -- we are going to see this thing pop and run to 2.00!
WOW --- THIS IS UNBELIEVABLE!!!
Way to hang in there guys -- I love the sound of all of us makign some serious cash right now!!!
Pretty big split between bid/ask today
Usually almost 2 cents the whole day so far...
SAEI News probably means
The release should come out Friday after close. The company will discuss everything on Monday.
You have GOT to be in this stock over the weekend, that's for sure. Anyone selling right now will regret it big time.
RELEASE THE KRAKEN!!!
Here we go boys -- it's time to roll!
Blowing past resistance!!
Could really rock from here. End of day should be very interesting. Hang on for what should be a pretty good ride!!