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1) If you feel like painting the tape, then do what you want. To me, unless you have at least a few hundred thousand shares to back it up, I think you are wasting your time and creating trades. Anyone serious about accumulating stock will go to Friday's Time & Sales and see the total share amount that traded at $.4975 was 100, a late-day paint.
No, I dont believe painting the tape means anything positive to a stock. I couldnt care if if closed at $.43 cents on Friday or $.4975. And that has nothing to do with the shares I hold. Tape-painting is notorious pink sheet behavior.
2) You have no idea what kind of risk I am taking in POWN or if I am a 'little folk'. Your assumptions are your own.
3) "Why dont I disclose what I do?" Why dont I? I didnt know you cared. Despite your assertions to the contrary, I have no idea who you are, where you work or if you work-and I have no interest in pursuing it. That sounds personal and has nothing to do with any POWN conversation.
Since you have asked...some people use real estate to create their wealth. I use securities. I dont know why this is important. Buy the right company and ride with it. I give POWN roughly a 2-3 maturity date. If Blaze is a hit I believe the characters Lee now has in development could one day value POWN at 10% of what Marvel sold for. That would be $430 million for POWN or about $4.00 per share. I think if you are loading up on POWN below $.50 cents you are already doing the things to make you good money.
It sounds like you were trying to get your brokerage firm to reflect your order. It didnt get advertized due to size. For pinksheet stocks trading between $.01-.50 cents satted liquidity is 5000 shares minimum. from $.51 cents to $1.00 minimum market maker size is 2500 shares.
No POWN order 2400 shares or fewer will get reflected on the screen. Your 500 share order wasnt close. Your $.48 cent limit order was held on the trade desk which your brokerage has a relationship with. On a listed exchange your 500 share would have shown through. MASDAQ National market too.
You enjoy paying retail when a stock is not uptrending. Interesting.
He answered that at the Seattle Comic Con
All we need is for Stan to attend Comic Cons and interviews wearing a TShirt with the four letters P O W N across the chest and back and a cap saying POWN across it.
That's all we need. The rest would take care of itself.
What will it take for Stan to actually do it?
PS. I also know of an IR firm that is so good at what they do, if POWN hired them the stock would be above $1.00 and supporting there. It would take place less than 30 days. They truly are that remarkable.
Does this "Super Humans" theme in the links you posted have direct financial ramifications to POWN stockholders?
You hit the nail on the head posting Lee's quote. The $2.5 million POWN received from Disney covers the co's operating expenses. The desired $5 million from investors gives POWN to ability to hang onto the farm when negotiating deals with studios. Up until now they have had to give it all away to the partner. I think from this point investors have to have a two-year horizon to maximize their investment in POWN. That date also puts the co. much closer to Blaze's anticipated release.
Form 211 for uplisting has not been filed. I was told Friday to wait 30-60 days, which sounds like the plan is for the private placement to be sealed and in the books before they file for uplisting.
I hope no one bought stock at $.85 cents. Turns out that was a gross overvaluation in the face of a company stock sale. It's too bad things turn out this way more often than not in pink sheet stocks. The short term pain of an offering revalues company lower than where the stock was trading. If the company does good things wth the money, this last month will be a forgotten-about painful chapter. But riding the stock all the way down as we believers have done is not fun no matter how you spin it. We have taken a 50% haircut in 2 weeks. Personally, I havent traded a share. I just believe the upside is beyond the $.87 cent high the stock just put in.
Application wont be made for another 30-60 days or until the private placement is concluded. I was told the SEC is receiving few uplisting applications these days and the wait time on average often less than one week after they receive the application. Years ago it was 3-6 months. Without delays in POWN receiving the proceeds from the stock sale the uplisting you are referring to (making POWN a reporting co.) could be July/Aug. Remember that is without delays in the stock offering.
Well that price surge of the last week was nice.
The pattern is now complete and what we want to see now is a light volume pullback pattern emerge over days. I think there may be one last opportunity to get cheap stock on an intraday selloff-akin to Thursday of this week. I think we could be looking at an approx. $. 50-$.60 cent stock for a time. Call it a planned consolidation. Followed by an upward break into the $ .80-$1.25 range later into 2010.
LOL. I wouldnt be writing Pink Sheets on there.
OTC works
They will be restricted shares with a lockup. The float will remain the same. # outstanding will increase by roughly 8-10 milllion. I am not concerned with that at all. It will not derail the stock. Conversely, it will put a floor beneath the stock. The use of preceeds I find exciting. It is a major push ahead for POWN in negotiating deals to control development costs. This money is not insider bailout and I dont believe it involves debt repayment. This returns to the bottom line. It's won-win capital. Another reason to like the POWN investment picture. It really is refreshing to find a scenario like this. My kingdom for patience! WHen I log on I scratch my head trting to figure why the quote I am getting does not begin with the number "2" yet. The investing world is slow.
Hooray for Citrati
Citrati is onto something.
I got as many details as I could. Just waiting for the final copy and on pricing.
Hey Comic,
that wasnt negativity. I believe that was the investment banker cooling the rally in the stock today. They need the stock supporting at $ .50 cents but trading at a slight premium for pricing. I think we could see 2 months of net sideways trading while the monies come in. I am thinking this is an eight week process, start to finish. Come June/July with uplisting to the BB and this financing complete, the upleg to $ 1.00 may be upon us. Or sooner. I'd rather estimate conservative.
Sometimse things happen for a reason in a stock. That was the case in POWN, is all I am trying to say. The co. has been in registration since Jan or early Feb at the latest. Should I be shocked no one on this board bothered to find that out? It wasnt that difficult to learn of its existence, the need for the use of proceeds, amount raised, etc.
This week has been so profitable and fun I hate to see it end. Alas, I think we have 1-2 months of relatively dead money while this deal gets priced and tucked away.
It shouldnt be that long before the POWN quote begins with a "1" It doesnt make sense to run the stock beyond $ .60 cents or so on the upside with pricing pending and $ .50 cents to support it. It is realistic to expect a modest premium for the common to shares in the deal. I believe the deal is priced at $ .50 cents and based on that the free trading stock is between $ .50 cents-$ .65 until the deal closes. So it has entered a stall barring PRs.
My take is they want the stock between $ .50-.60 cents steady for this financing. Its the pricing that isnt public yet. Sure enough, the numbers I ran indicate good cause for $ .50 and $ .60 being used. At any rate, it's temporary. The breakout that holds will be a northerly blow.
You said you were going away
Honor your word. You're a little off-base, friend. Okay, you're a lot off-base.
Hi Sig.
I do not know what/if anything Stan Lee is working on in terms of deals. I am not privvy to such things. This is strictly a financing. Has nothing to do with the creative end of business. It is simply the text & final pricing/terms I want to see in writing before I post. I think is the prudent thing to do. I think it would be irresponsible to go off into a thread before seeing the final numbers. I'm telling you, this is going to be a party when we can mull this thing over. I am excited, as I was at the very start. A revealing of our company like it has never been revealed to public investors before. Shortly, we get educated. It will have been worth the wait. I am told Apr Week 1. No change. I am just the messenger and that is the message.
PA. If Stan is looking at small companies to acquire I would think we would learn about that only when a PR gets issued.
I believe those shares are to briefly cool the market. I believe the stock needs to hold here for awhile regarding the financing. It should be temporary. It's a Buy on a pullback.
Hehe, Sunday is on a trail.
It is definitely a financing and where Disney's $2.5 million provides five years of operating capital to the company, this will enable POWN to control production/development costs, giving POWN hand. It will lead to enhanced EPS and therefore the benefit will get to the stock price. I found the specifics of this deal interesting; POWN pulled off something that only very strong companies can pull off on pricing. And its to our shareholders' benefit too. Now I will wait for the specifics to be released so I can openly discuss in good conscience.
BTW, do you notice how the $ .50-.60 cent zone is forming for support and resistance? Didnt someone say near term it would stall around $ .60 cents (as per the deal) and we want to see $ .50 cents hold like rock? Yup. This is not a chart read, it is a read on the deal.
You and GreenMan are right.
BTW, right when I got on this board I offered NorCal the information I had uncovered and I would gladly share it over the phone. It's in a post from a few weeks ago. No one called. So I will wait until I have this thing in my hot little hand. The stock is obviously agreeing. This thing is under accumulation. That's what matters.
Even though anyone can uncover what I learned, aparently there is no one on this board to reciprocate information with. So I'll just wait for everyone to have access to it (I am told first week April, and that date hasnt changed). Being a non-reporting co. for as long as they can, the co. may or may not announce it. Who knows their agenda? But I will provide some in depth posting after I get the green light. People might want to look at the share price in the mid $ .60's and ask some questions. This company is the same company it was three weeks ago at $ .28 cents. Only today it is valued more than 100% higher. And holding. Now why is that?
Wylie Coyote, you are getting warm.
This is closest guess to date. Of course, there have been so few guesses you could have said the co. is having a bake sale and you would still be close to first. As important as it will be to the co's future bottom line, it puts a remarkable bottom around $ .50 cents on all stock pullbacks. First, it got us to $ .50 cents and now it will create a floor.
I know of several people who want to make sizeable stock entries on pullbacks to $ .50 cemts. I dont see $ .50 cents but good luck to them. At best I witness a single seller for size and it may take awhile to place his stock in other hands but the selling is not a coordinated effort-no sellers behind him. So when he's done it's back to lifting offers if you want to buy the stock-the way it should be in a clean stock.
There's nothing like a Disney announcement to give us Cinderella. POWN stock went from shares no one would touch to shares no one will part with. Its got the makings of a Darling of Wall Street. If Blaze is successful we could be on a Superstock with $5 written on it. With Disney and Stan Lee behind it, we should be sitting on a $1.00-$1.50 share price just to reflect the down-the-line potential. Since POWN has long-operated like a private company and now attention is finally being called to the stock, it has a lot of catching up to do. It doubles from here just to arrive in that $1.00 zone where people are willing to take an honest flier on it. Below a buck and on the pink sheets...this thing isnt even on radar screens yet. This year and next will be discovery time for the stock. Grateful to be aboard ahead of the rush.
The next leg up for the stock
should deliver it between $.80 cents -.90 cents. The strength of this stock is extraordinary. Which means prices down here are seen as a steal and loose shares are picked up on a hurry. I expect this established trend in the stock to continue beyond $1.00 per share. The powers at be in POWN stock are doing a yeoman job. The stock is uptrending and it is liquid. It offers what every emerging growth stock player needs.
We couldnt have selected a better candidate to load the wagon on. The wall street gods are being generous to us. The world has yet to discover POWN. If you follow the stock and on days that the world catches a glimpse, you know it.
Its nice to say this deal is so clean it squeaks. It makes wealth creation in equities fun again. It personifies the emerging growth story in microcosm. 2010 is going to be a great year for shareholders. Did I say, Great? At the end of 2010 POWN may fall into the best 10 % gainers for all 2010. It could be #1.
Jan. 1, 2010 can anyone confirm the first trade after the Disney announcement hit? The low and high for that day was roughly $ .14 cents and $ .25 cents. Today's close is $ .60, a new closing high.
Moose, not even a long time. To me one year is not the end of the world in order to receive a large payday. And thats what owning POWN shares are likely to become-a 6-18 month, several multiple-your-original investment return. The story is so compelling that move has already begun. The stock gave us 100% last week alone. Because the stock is in play, fresh capital does not have the luxury of waiting on POWN shares. Every pause in the stock will be met with Buying followed by daily 52-week new highs, as it has been delivering. You can forget about 20%-50% corrections. In some instances a few pennies is all the pullback you get before the stock moves right to new highs. It's not really worth playing. The pullbacks at these stock levels are just too shallow. I'm resigned to just holding, although I would like to play a little along the way too. Ah well. The first week in April is what I am interested in. I'm all giddy. LOL.
No one has guessed it yet. WLYK if you're on the right track. It's going to be a major positive for long term shareholders. It has already been a boon to the short term price. To $ .50 cents and supporting.
Thank you Citrati. Funny you mention "shares"
No, its not a second Disney investment, but I think you will find the real reason only a notch less compelling if yo are a long term shareholder. It will put POWN an real sound foundation for the long term. I'm not always a long term holder and I'm won over. I just made a call and it was reiterated-around Apr. 1. Look for many posts from me then. Meantime, this is being orchestrated to perfection. If a shareholder wanted to sell 50K shares the market would absorb it without cratering. New hands want in. Tells you something after a stock just doubled in a week.
Under normal conditions-yes, a correction would be healthy. This is a stock not in a normal condition. For reasons you will learn in maybe two weeks, $ .50 cents is the base. And we will probably never see it again. $ .50 cents will be an important number.
It's coming from due dilligence, my good man. Asking the right questions to the right people, and then I listen. See, anyone can do it. I am living testimoney.
I believe the pause between $.50-.60 will be very brief. This stock is held in very strong hands down in these prices. I see $1.00 happenning long before I first thought. Look for right after bb listing is accomplished May/June est. $1.00 will be eclipsed sooner rather than later. The stock is in a powerful uptrend. A $500 million market valuation sometime in the future values shares between $3.50-$4.00. Will learn the clearly spelled out fundamentals very soon. Looking at the stock, those reading about the fundamentals first, arent waiting.
Funny Transition
Peoples' perception of POWN shares have swung from "Shunned" to "Marriage" Owning POWN is really getting quite enjoyable. If you cant get happy owning POWN over the next six months, then you're one tough customer to please. $2 stock is not as far off as you might think. Begin planning for it now.
Doggedly
jacktrades, thanks for posting this. Dog
BB uplisting has been in the works 1-2 months is my best estimate. By June.
Norkster, fewer than 90 days to bb listing. I addition to quarterly reporting, after bb listing when you punch POWN in the Level II box you will be able to observe market maker movement.
Fun.
Let the games begin.
I put out a block to buy at $ .56 cents too and got some there. This thing is a buy on any pullback toward $ .50 cents. It must hold there and I believe any/attempts in that area will hold. $ .56 cents was close enough for me. At $1.25 I will be quite content with these new shares. And it wont be very long. Good for you on your pickup.
Short term you've seen it. $.50-$.60. However that will be a launching pad. Around June would be a conservative estimate to begin the next leg up. That is subject to change but from the best I surmise about timing, I go with that until I get an update.
From here you should have some time to gather up your funds.
We have arrived.
Right to the $.50-.60 range. It's done, mission accomplished.
Two weeks from the reason. LOL. I am guessing it leaked out. Everything is coming together. I see $1.00-$1.50 in 2010. Will know more after a good read. How do your accounts look between $.50-$.60?
Tah
<No dilution. Honest people at the helm. Huge potential just around the corner. No need for financing. What more could you ask for?>
hold that thought