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Been holding since July :) Added plenty along the way.
LMAO...oh man
Would have gone lower already.
Bahahaha...I've been doing this for a while now, and I've got to say that this one takes the cake! That is hilarious. I don't think there is anyone on the planet that would believe this story. LOL
Was there a pubic release stating that he was released from his position?
LOL...some of you crack me up. I think you are the day traders that the PR was referring to. Decent PR to me...now just sit back and wait for the quarterly and CC.
If you look at America and see how 95% of corporations have crapped on the American concept, then you will realize that PGIE is just like any other company. Business is business. Connecting Texans, which is where I was born and still reside, and PGIE in the manner that you have makes no sense. They are a corporation looking out for themselves. The "American dream" is over.
They built Two rigs...check out the images on Facebook. When they sale them, and I don't care who they sell them to, will you change your tune? Most likely not.
They did do something. They said they would build a rig and they built 2.
You know, I don't shop at Wal-mart for a reason...I dislike the company. As a result of my displeasure with them, I do not picket their existence simply because they continue to run slaves in China. If PGI is not up to your standards, then move on my man. It makes no sense to dispute a good PR when you do not favor the company.
Two rigs are built. SOMEONE will buy them. I don't care who it is. They are finally producing something. This is not "non-news" as you say. This is news.
They said they built two rigs.
So you're saying that you can see more than offer from the same MM on L2? Got a screen shot of that?
But you commented about No-News....so they already have your attention.
PLEASE SHARE WITH EVERYONE YOU KNOW!!! THESE BASTARDS WILL NOT GET AWAY WITH THIS FOREVER!
Lots of people can't get in who are using Zecco. Until that's changed, there will be lots of money out of this that could be in.
Enjoy yourself...flip a few. I'm not bitter at all. :)
cmon man...take a closer look.
Of course you did. ;) Everyone tells the truth online.
LOL....yup!
He bought yesterday or the day before....cmon man..LOL Look at the volume for the past 2 days. He's selling today
This is correct. Just tossing it out there.
non-dtc means there is no electronic clearing....it has to be done the old fashioned way...which is about a $200 - $700 fee for the trade.
Careful.....zecco traders....its on the non-dtc eligible list
If this thing is gapping at the open, then that pretty much sums it up about this board....I really hope it's not.
LOL....nice one!!
So VLCO is on the non-DTE eligible list with Zecco...correct?
Thanks for the update...who did you contact and what was the response?
ATTN Zecco traders PLEASE READ:
Zecco recently sent an email out to customers regarding non-DTC eligible stocks...which VLCO is on that list.
Penson Financial Services, Zecco Trading’s clearing firm, has recently implemented two new policies which impact Zecco customers who trade low priced equities (stocks priced under $1.00 per share, commonly called “Penny Stocks”). These policy changes were necessary due to the significant risks, costs and increasingly burdensome regulatory requirements related to trading these equities.
Briefly, these policies relate to:
* Settlement fees for non-DTC-eligible equities (LINK TO non-DTC eligible equities: https://www.zecco.com/forms/known-non-dtc-eligible-list/downloadform.aspx?utm_campaign=20110819%20PennyA&utm_medium=email&utm_source=Eloqua&elq=e2cd6d668ff24554a1387f5bfd6ca0fa&elqCampaignId=91
* Potential “buy-in” of low priced equity transactions based on NSCC requirements
These new policies impact the customers of all brokers clearing through Penson Financial, including Zecco Trading. Included below is a brief outline of these policies. Please read our Low Priced Equities Disclosures to thoroughly familiarize yourself with all the aspects and implications of the policies.
Settlement Fees for Non-DTC-Eligible Equities
The Depository Trust & Clearing Corporation (DTC) provides electronic clearing and settlement for equities, bonds and other securities. The vast majority of equities traded by Zecco Trading customers are DTC-eligible. However, certain low priced equities are not DTC-eligible or have had their eligibility revoked. The DTC eligibility of any given equity can change over time.
Settlement of non-DTC-eligible requires physical processing, which can result in significant execution, deposit, transfer agent and other fees. The fees generated by the settlement of these physical positions are passed through by our clearing firm, Penson Financial, directly to our customers - neither Zecco Trading nor Penson mark up these fees.
Customers who trade non-DTC-eligible securities are responsible for these fees, which can be as high as $700.00 per trade. Orders that require executions with multiple contra-parties will result in settlement fees for each separate transaction. These charges may not be immediately charged to your account following a trade, as Penson may receive notice of such fees as much as three weeks later. Zecco Trading reserves the right to withhold funds in a customer’s account pending potential assessment of fees.
It is your responsibility to investigate the eligibility status of a low-priced equity before trading it. You may consult the Known Non-DTC Eligible List in our Disclosures Page or contact the specific company whose equity in which you intend to trade to confirm eligibility. Please note that there is no guarantee that the Known Non-DTC Eligible List will contain a complete and updated list of non-DTC-eligible stocks.
Potential Buy-In of Low Priced
Equity Transactions Based on NSCC Requirements
The National Securities Clearing Corporation (NSCC) provides a guarantee of completion for certain transactions for broker-to-broker trades. The NSCC imposes additional deposit requirements on Penson based on the sell volume of low priced equities, in order to limit settlement risk.
When a customer sells more than 25% of the average daily trading volume (ADV) of a single equity in a three-day settlement period, that security may be “bought-in” by Penson up to three business days later without notice. A group of unrelated customers collectively trading more than 25% of a security’s ADV across all brokerages clearing through Penson can also trigger this policy. The ADV is calculated over the last rolling 20 business days.
Although this occurrence is rare, customers selling low priced equities must be aware of the risk a buy-in would occur without notice.
Low Price Equity FAQs
We apologize for any inconvenience due to these industry-related changes. If you have additional questions, please do not hesitate to contact us at 877-700-STOCK (7862) and a representative will be happy to assist you.
Sincerely,
Thomas Boykin
Manager, Trading and Risk Operations
Zecco Trading, Inc.
I have a different strategy than most. I buy one set a shares...usually 3 times the value of my house and hold them no matter what (Long holdings)...then I have another set of shares, (1/3 of my long holdings) and I swing with those.
The pullback is expected after a big drop. This is normal IMO, gotta know how to read charts as well as stock fundamentals. Shouldn't go any lower than this...if it does, then that blows support. Too many people read into fear from other posters...but that's how they trade. Longs know what is good here. I know what is good here...not goin anywhere.
GLTY
Ben
As the old adage goes, It TAKES money to MAKE money.
Valcom is on the right path. Selling music tracks will bring in revenue. Downing a company because they are selling a product is absurd. Selling products is what makes money! How else do companies become successful? I can't think of any...well, maybe for Enron, but they were crooks! LOL
WARNING to the board: Review the TOU for board postings. ALL posts that are off topic will be removed.
You are allowed to post both pro and con posts regarding a stock. Debate with knowledge and discuss the topic in a reasonable manner.
The crystal ball says: ~.08
In an attempt to toot my own horn (which I never do)...read the following...lol
Since you aren't in the auditing business, it makes sense why you would doubt the outcome of the audit. With ZERO facts in any of your posts, your contributions to the board are not carrying any weight. Some advice...Contact the auditing firm and see why they gave such a value. Assumptions are never good in any scenario in life...especially on subjects where one is not familiar with.
Not sure just yet. 1 hr chart sittin on the 50ma. L2 is still a bit wacky.
Yea, this is a good one, but you're right..way too early to tell. L2 is all over the place. Nothing is settling.
Certainly are. In all honesty....I'm thinking we'll settle at that .065 support. We'll see.
The company isnt dumping...they are in buy back mode. They have no need to dump at this point. Lots of stop losses and people running for the doors because of the sell off of others.