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Maybe someone bought, Palmer. You know, kinda like trader a puts in a sell order that matches trader b's buyorder? trader b sells it to trader c and trader c shorts it back to trader a and so on and so on and so.....
Okay, whats a pincher bottom.
What happened to all the chartists out there. What are the charts prognosticating? How long before bottom, double bottom, triple bottom, topless?
Still trying to sell my .0005s. Anybody want em? Of course not, you can get em for .0004. Maybe it's time I put the sell at .0004 and buy at .0003. Are we there yet?
Don't blink. The full order didnt execute and Id been inline for a few days. Ive done other trades in the middle.
Im in and Im out geo. Im not investing. Someday, this might be, maybe, could be, has potential to be, maybe possibly could be a decent investment. Right now, it's built for trading. You trade up, you trade down. You make a little money, you grab a few more shares here and there. What sense does it make to hold and watch it disappear. If you sit on it, within days, you will be left with a quarter of what it is now. Why is that sound investing? Trade it, flip it, preserve your capitol investment and when it hits bottom, you could have more than you have now, so when it goes back up, youre in a better place. Why does having a 2k investment go down to 500.00 in a few days sound good to you? or, sell it now and pick it back up at the bottom. You'll have the same money invested with quadruple the shares. That sounds bad to you? Okay, do what works for you. We'll see who can max this out more profitably in the end. .0001 is going to be here very shortly, likley, before the next round of settlement dates. glta.
I keep 2 million invested, always,and flip another million a day. That way rotating in and out to cover the 3 day settlement period. Im always invested if it goes up, I put the buy orders in after the sells execute. Im trading in one to two click increments and increase my shares on the buys. If it goes up, Im good, if it goes down, Im good. Im no where near my original investment at a loss of 10k. I've already picked up in .003s today. So maybe I found a way to make a little bit before I cash it out. Which I plan to shortly if nothing happens here.
All my opinion, of course.
Good Judgement Comes From Experience. Experience Comes From Making Lousy Judgements.
He has no choice. He has to address the AS. Increase it, rs or buyback the stock. Im no legal expert, but Im assuming it has to be done before the AS is exceeded. We're just about there. Does anyone know what happens if he does exceed the AS? Can it happen? Then what?
Hey, I got a million to sell ya if ya want em. It's not executing. When theyre gone, I'll pick em back up at .0003. and do it again between .0004 and .0002. When it hits .0001, I'll double it at .0002. It'll just take a month for the orders to execute, lol. Sounds like a penny stock to me.
At this rate, he's weeks away or less to hitting the AS.
Lol, that was what, 5-6 months ago? I wonder what his definition of shortly is.
Anybody call the TA this morning?
Well chunky, all I can say is there are those who read them and those who actually understand them and understand the consequences short and long term. The reports are not all that favorable. We're still running on blind faith that maybe, someday, something might happen. It's been a year. what's the measurement of a long?
He has to do something. He can't go over the a/s and we're fast approaching the limit, though he could increase it. He's required to make shares available for the cds. That's in the filings. But when this hits .0001, how long are those buyers going to stick around when he needs financing. He can buy back a billion when this hits .0001 for 100k. Hell, he can buy back 2billion for 200k. The situation, as it stands now, isnt in Tom's interest, but when is he going to get off his keister and do something about this?
Boy, you're optimistic. I'm expecting .0001 this week.
All of that is wonderful. I'm still 10k poorer than I was when I started with this. I remember when at one point, after the Hackets Merger when I almost doubled my original investment. I was tempted to sell. I didn't. And with all of Toms credentials, in retrospect, it was a poor choice I made that I didn't. This has so far behaved no different than any penny stock and you would think one would learn from mistakes, because of course, when you have an ace thats going down, well, it's just a better buy now, isnt it. No, it isnt. A loss is a loss. This has been a huge loss for me. I wish Tom and his credentials could have done better and been more supportive of the small investor. He hasn't. I know what I want to think about Tom. A lot of positives. Hey, he's a bright man. I know what my portfolio says about him. It's time to address the small investor. If he is the caring business man we want to believe in, blind faith only goes so far.
Ya know, in theory, we also own restaurants and bakeries and pubs as well as a dept store chain. And the only thing worth putting out a pr on is beer. What does that tell you about the upcoming financials.
All my opinion, of course.
Good Judgement Comes From Experience. Experience Comes From Making Lousy Judgements.
Thems a lot of squiggly lines there redsox. Almost as good as my handwriting. What does it all mean?
With all the uninformed speculation thats been going on, we can't discount the notion that he is waiting for the stock to hit .0001 to announce a buyback to make it as cost effective as possible. He's going to have to buy them on the open market. As soon as he makes the announcement, the pps should reverse course, making the buyback more expensive. We are very close to hitting the as. Something's gotta give
Yeah, his silence is not helping this at all. Once upon a time, he was accessable and used to send out shareholder comunications. My, how things have changed.
He also said he wouldnt take it off the table, either. Go back and reread that comunication
Unless he's at the point where he can do conventional financing through bank loan, and I dont see anything that says he's there yet, to complete future aquisitions, he's going to need a lot more shares to sell to continue the convertable debentures financing like he has been. From what I can see, he has no choice. The stock is just about or very soon will be the lowest it can go at .0001. It's basically worthless right now. At that rate, 10.00 buys you 100,000 shares. He will need considerbly more shares at this rate to effect the financing. He will have to do something. Any of the following, take your pick: Reverse split so he doesnt hit the as, a buyback so he can re release them in the cds, or increase the as to such an outlandish level, it would take forever to purchase enough to make it worth trading. And there is nothing that says it's one or the other. He can certainlly do any combination of the 3 or all 3. I have no clue where this is going, I dont like where it's been and this stock has performed exactly like every other penny stock Ive owned, spiraling down to nothing. I have nothing good to say about this right now. other than pennies are pennies are pennies and pennies are not an investment, they're for gambling. All my opinion, of course.
And Tom was very clear when he comunicated, I think it was with AP, that he wouldn't just do a reverse split to address the pps. He would instead try to build intrinsic value or possibly do a stock buyback. He said specifically, an rs is never off the table "AND COULD BE USED" IF he were trying to get the stock listed on one of the main exchanges. This is very dangerous territory right now.
1] swvc would have saved money and time that now must be
wasted to just File audited papers that prove that they
lose more cash every Quarter.
......why do they need an audit when there's been no questioning the quarterly reports, which havent been all that favorable. The truth lies in the financials.
2] swvc would Not have had to disclose their death-spiral
Share-Structure; which is WORSE THAN ANY PUBLICLY
ADMITTED SHARE-STRUCTURE WE HAVE EVER SEEN IN PRINT,
(at least before the pink went BK).
.......I disagree. There are a lot of worse companies to invest in. I've been invested in some of them myself. Pennyland is a gamble, period.
There may be some pinks with a worse currently-in-place
Share-Structure, and there were failed pinks that eventually
had a worse Share-Structure; but , NONE OF THEM EVER ADMITTED
TO IT , WAY AHEAD OF BK, and did Not have to, because ,
they just stayed pink, and did Not waste any cash to File
stuff with the SEC that just proved that they were going BK,
while ripping-off ONLY THEIR COMMON 'SHARE'HOLDERS.
.......uh, from my perusal of the sec filings and headline history, it looks like they're reporting to me.
swvc is really grossly negligent to keep reporting its
already-in-place + constantly-expanding death-spiral load
of loans + Floorless-Super-Toxic CD's + NEVER-DILUTABLE
Preferreds + 1-Guy-Control of 80% of All swvc 'votes' ,
Forever.
........I'm not sure I understand the statement the company is neglegent to keep reporting ect. Isnt that the purpose of sec reports? To keep the shareholders informed of the financial condition of the company? Would you prefer not to be informed?
AND the fact that All swvc common 'share'holders
have been reduced from 20% 'ownership' of swvc's 'assets' ,
all the way down to ~2% , IN LESS THAN 1 YEAR. And, the
80% Guy can vote to further reduce ALL OF THE 2% Guys,
ANY TIME HE FEELS LIKE VOTING AGAIN, ALL BY HIMSELF.
.........well yes, we've all known from the start this is Toms ballgame. If you were in Tom's shoes, would you relinquish total control of the direction of your primary investment? I dont think sooooo.
So, swvc is WORSE THAN PINK, because it acts worse than any
pink; and then wastes even more cash to ~fully report the
FACTS that :
.......that makes absolutely no sense.
1] swvc keeps running almost out of cash, and (I havent seen that reported anywhere)
2] swvc common 'share'holders keep 'owning' a constantly
and quickly reducing percentage of swvc's 'assets' , and (Yeah, again, Toms game, ect)
3] the fact that swvc OWES WAY MORE THAN IT OWNS , so (Is not unusual in terms of finance and 5 yrs to see it's first profit in a start up. Business is business)
4] swvc has NO NET ASSETS, and never did, and never will. (See above comments)
It is amazing that ~4,000 longs keep thinking/hoping that
their swvc common 'shares' can ever quit sinking into the
death-spiral that the swvc CEO DELIBERATELY ASSEMBLED, within
Only 1 year, and keeps trying to expand.
......well yes, faith that a stock will go up is the number one reason people invest in stocks.
But, it must still
be OK with enough of the longs, because they just keep
averaging-down, and even pretending that it must be part of
some 'secret-buy-back man-plan' (which would be ILLEGAL).
......um, wouldn't averaging down be a good way to protect an investment that's losing value? You say that like averging down is a bad thing. I averaged down and still have the same investment I had 2 weeks ago. As far as a buyback being illegal, I'd really like you to document the law here as to why that would be illegal. I havent seen anything like that to say a stock buyback would be illegal. Can you quote the law here?
And, it's certainly way-more-than-OK with ALL Shorters,
who profit massively by short-term shorting + covering
within 3 days + using the quick profits to re-short twice
as many shares + on + on. (Shorters also call that strategy
averaging-down, and/or doubling-down. It could be risky,
but Never for a pink or pink-alike, that has already signed
itself into a guaranteed death-spiral.)
.......wow, sounds like those guys are making money. why do you invest in stocks? I kinda thought that was the game plan, to make money. ya know something? if these guys are making money, I want to know what their system is so I can make money on this too. Sounds like they have a system that works. I should join that system.
extra, Sincerely. And thanks for the riskless ride,
according to our opinions, based on swvc Filed Facts
....uh, I went through some of the boilerplate notices. I even found one little gem that said to affect, investing in this stock is highly risky and it may lose value. Oh yeah, I see what you mean by their reporting it to be a riskless stock, I think.
And, the next load-of-updated-Facts will be over-due
in just 20 more trading days.
....you mean, hu, oh no, it cant be... omg, its not true... you mean so far, the next report is ON TIME???!!! NOOOOOOOOOOOO!!!!!!!
And, swvc's history shows
that every Filing since the-big-pump, causes a new swvc
post-pump low, usually 50% of the pre-Filing low. Thus,
we expect swvc to be continuing to be massively diluting
at less than $0.0003 in just 5 weeks.
......uh, it may not take that long. we could be at .0001 this week. and we all know what 50% of .0001 is, now dont we? except it cant trade lower than .0001.
And, preparing for
a probable 1-for-1000 Reverse-Split. Because they Must,
to allow the converters to continue, until Christmas.
....yeah, uh, I dont know if on 2 bil shares, 1000 -1 rs might be just a little bit of over kill. The company isnt worth what that would bring the pps to. why would they do that. They can buyback for less.
Let's use some easy numbers, that are ~representative of
swvc recently. Let's use a float of 2 Billion, trading at
$0.0016 , with just a not-yet-converted 10 Billion more
'Fully Diluted' Floorlessly-Convertible shares. (swvc already
has a Fully Documented and SEC-Filed 30-60 Billion more.)
Since swvc will never have the cash (soon enough) to buy-back
the CD's + Preferreds , they Must convert to get paid back.
So, let's just say that only 1 guy converts, causing 2 Billion
more newest common 'shares' to float in; and the trading float
Doubles, to 4 Billion; so, the trading price Must Drop by 50%,
down to $0.0008 ; and the not-yet-converted are reduced from
10 Billion, down to 8 Billion. But, THE CONVERTIBLES ARE
FLOORLESS; and since the trading price is Down 50% , the
not-yet-converteds AUTOMATICALLY DOUBLE, up to 16 Billion.
Then, the next guy converts 4 of the 16 Billion; again
doubling the trading float to 8 Billion, and dropping the
trading price to $0.0004 ; so, the 12 Billion remaining
not-yet-converted Floorless CD's Must Automatically Double
again, up to 24 Billion. etc, etc, forever, until BK. And,
only the quickest converters get paid before BK. So, they
All try to convert, ASAP. While All common 'share'holders
get $zero, except the ones that sell All, before BK.
Assuming that they understand the Facts explained above,
and quit hoping that the pumpers don't bail-out first.
.......you lost me at "lets use some easy numbers"
Lets call bunk, by its name. bunk!!
Why would you increase your cost by doing a buyback after a reverse split? That doesn't make sense, or cents.
I may be wrong, but I thought Tom may have mentioned something about a buyback when business conditions are right. I wonder if he's waiting for .0001?
And the bids blinked. Is this it?! can the asks hold out?! The crowd yells defense, defense. Oh the tension is just too great. Where will it go from here!!! Oops, nevermind!
All my opinion, of course.
Good Judgement Comes From Experience. Experience Comes From Making Lousy Judgements.
Here's the tug, are we going to see the bid step up and say goodbye to the 5s or see the ask come down and say goodbye to the 7s?
Wow, almost 500,000,000 shares bought in just 2 weeks. I guess it depends on whether your glass is half full or half empty.
All my opinion, of course.
Good Judgement Comes From Experience. Experience Comes From Making Lousy Judgements.
You go with what works. I'm trying to pick up shares on the drops and stay a little invested if it rises. Dude, we have lost way too much money. Ya just gotta find a zone that works.
I'm good with 20%. Hey, wait for the .0001s and double your money on the .0002s, lol.
Same thing happened to me. Try this one:
http://www.allstocks.com/level2quotesotcbb1.html
Depends on how many shares people can maintain while theyre trading down. A lot of this is people selling at .0006 and trying to buy more shares at .0005. That's why the pile up. But as soon as the 6s go, the ask jumps to .0007. I'm doing the same thing. Ive got a sell order in the 7s and a buy order in the 5s. We're to the point where if you can execute your trades, its a 20% roi. Tomorrow could get to a 25% roi. But we're also at the resistance level, so volume is going down. A push in either direction could shoot the volume back up to the last couple of days as people cash out and take profits or dump, but we need that volatility.
All my opinion, of course.
Good Judgement Comes From Experience. Experience Comes From Making Lousy Judgements.
Yeah, but it changes almost dailly. Someone should call today.
You mean every uptick which might represent a 12 - 25% roi is met with people making a profit who bought in at .0005? wow! Crash, you might want to take a look at the L2. It kinda disagrees with you as far as people leaving. Plenty of people waiting to jump in.
Considering this weeks volume and how close we are to the AS, Im hoping for a pr anouncing the dilution is over and Tom is doing a buyback. Hey, I can dream, can't I? My luck, he'll announce an increase in AS, do another aquisition financed with more CDs and do an RS.
All my opinion, of course.
Good Judgement Comes From Experience. Experience Comes From Making Lousy Judgements.
No, Tom is not diluting. (Actually, we don't know this. The company may still be releasing shares, remember, 2.5b AS) But Tom is making deals which will dilute this. He signed the contracts, he knew what it meant. His call. His responcibility. (s?)
both of which dilute the stock. Theyre both part of the dilution.
which adds shares into the os which (get this) dilutes the shareholder ownership, otherwise known as (you won't beleive this), DILUTION. CDs dilute the os k-geezy. Thats dilution.
Uh, because the os and float keep increasing, maybe?