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If you find Jared to be involved in ANY publicly offered stock, dump it immediately or avoid it in the first place... Unless you enjoy twisting in the wind with the rest of us EESO bagholders...
Last I heard he was pitching junkers at some used auto dealer's lot... Seems strangely appropriate he would land some place like that...
Only if they're desperately stupid!! LOL
Right there with ya... Have had mine since 10/09 and have just watched my investment turn into a tax writeoff...
LOL @ Gem...
If I could sell them for $200, I'd just keep the $188 profit myself! LOL
I honestly doubt that's going to happen but if it does, at least let it run up to .0011 so I can cash out and break even!! I've been holding this bag for waaaaay too freakin' long!
LOL After I get the certs from ScotTrade, I'll ring you up, Fatman!!
Right there with ya Zake... I have a whopping THREE shares now. This turd is going to have to hit $160 p/s for me to just BREAK EVEN... I can't even sell it for enough to cover my brokerage fees...
I'm going to just have ScotTrade send me the certificate for my 3 shares, frame it, and hang it on the wall... It's worth more now as abstract art than it will ever be as an investment...
GLTA but I absolutely believe UNDTD is headed back to triple zero and we're all going to holding the bag, not just us pre-r/s suckers...
Stick a fork in it... It's done...
ScotTrade hasn't converted yet... Not that I'm even remotely as optimistic as you all seem to be. I plan on dumping EPGLD as soon as it converts... Hopefully before it heads back down to triple zero land...
Barchart is hardly an accurate source these days... The last three pennys that I investigated they had 100% backwards. They had a "strong sell" on one and I bought it anyway, got a nice 330% ROI... A couple of "buy" and "strong buy" tanked within days... Then again, they may be great if you're into shorts...
They used to be pretty good but I have serious doubts about their analytics these days...
AND, they are hardly the only DD you should be doing before a transaction...
JMO, YMMV
The force of gravity, maybe. The only way to make money from this is to buy what you can now and sell it short, because this stock is going to spiral right back down into the zeros...
You and me both... If they ever hit $106 p/s I can break even. As it is, I'm just going to write this one off. I'm going to have ScotTrade send me my two stinking shares and I'm going to put them on eBay as collectors scripts... I'll make more money that way than I ever will out of this POS...
These are penny stocks... Money disappears into thin air all the freakin' time!!
Right there with you, debu... This is my third R/S in two months... One of my positions I now have TWO whole shares of stock! That puppy's gotta climb to $106 p/s just for me to break even!! That's the way it goes in pennyland...
GLTA
True, it's not like it was going to move anywhere over the past few days anyway...
WOOT!!
ScotTrade lifted whatever restriction was on SYNJ. I just re-entered my sell order. Don't know what was going on but the Suck-O-Meter is back down to it's normal background level...
I'm pretty confident we'll make money on it... 10M@1, 5M@2, 2.5M@3... If this were a craps table, I'd have a pretty good cover! LOL
Now... Let's get it back up to 12+!!
(Skyrocket, got your pm... Agree! Let's make some $$$!)
I just got a notice from ScotTrade that my 10M @ 1 went through... Brings me up to 17.5M shares...
That's what I thought but didn't get an expiration notice. When I tried to set the sell order up again, they refused the order...
Not feeling warm and fuzzy over this!
ScotTrade canceled my sell order and is showing zero across the board. No open, ask, bid, or last.
Looks like the suck-o-meter is about to peg out...
<yawn>
A forward split... Seriously?? When they have 8 billion outstanding shares and are in triple zips??
Sooooo explain to me where their stock price is supposed to go after the f/s?? It can't go down any further! This stock doing a f/s is just illogical... Not gonna happen...
Bullhockey!! Someone grab an airhorn and wake this market up!! Last weeks's lull was too painful to watch!!
Nice ride!
I showed her the charts, the blogs, the message boards, and let her make the decision. I think she saw the action from last year and thought that she could make some fast flips and pay her car off! LOL It's her money, I'm just the middle man here!
I've got a few stocks that have been flatlined for a while... All part of the penny game. I'm hoping that she won't have to wait too long to see something happen!
A quick $500 flip. I put the sell order in for 2 about 5 mins after ScotTrade confirmed the buy.
I'm trying to teach my daughter how to play the pennies and just stumbled across SYNJ. Gave her a few stocks, showed her how to do some basic DD, let her decide whether I should buy. Told her if I made money I'd cover her car payment. LOL Any penny is a risk but SYNJ looks safe enough for her to start with.
If history for SYNJ is anything, we're about due for another pop up to 2. I would have loved to had this back in Sept '11... I would have been flipping it like a fish out of water!
Those would be mine... Just bought 5M @ 0001...
<crickets chirping>
I would LOVE to dump my shares but I don't have a large holding. Right now it would cost me money to sell them, and I'm not just talking about the loss from my original purchase price...
UNDT was one of my newbie stocks, before I really knew what DD was, or how to truly investigate stocks prior to purchase. So I'll be eating about $300 of a lesson hard learned. The reason this RS pisses me off so much more is that pre-RS, I may have a slim chance of the stock going up enough to sell and break even. Post-RS I'll be holding one share. I have a better chance of winning the Power Ball two weeks in a row than UNDT going to $300 a share...
Live and learn...
LOL... I knew if I waited long enough this would be back at 1... It's a sub-penny stock... It was inevitable! I'll place my bid now...
Hey Lion... It occurred to me last night... This could be one of the 4 majority shareholders padding their holdings before the RS... Gives them more to dump at the high before this pig spirals down out of existence again... That's the ONLY reason I could see a responsible investor buying UNDT at this point. Anyone else is just throwing their money away... And a fool if they think otherwise!
Any newbies just getting in on the conversation... Don't touch UNDT. If you own it, sell it for what you can.
This stock tops out my "DUMP IT NOW" list.
Me too... Holding this bag sucks...
Butterfly, if you are holding any UNDT stock, sell it for what you can and run far far away from this company.
SIXTEEN million shares?? Seriously??
Fortunately ScotTrade doesn't charge anything... In my newbie days I had to eat a few RS. I'm still holding 28 shares of a company because it would cost me more to sell it than the 28 shares are worth. That started out as 2.8M shares... That stock has been no bid/ask for months now... Flatlined, just waiting for someone to unplug the machine. Oh well...
Like I said, I learned... The hard way... These days, it's a VERY rare stock that I hold more than one week, two tops.
I don't marry them, I just have an afternoon fling or a one night stand! ROFL
Scalig, you SO hit that nail on the head... Unfortunately I'm going to be one of the bag holders... Held this stock for waaaayy too long just hoping... hoping... that it might come up enough that I could at least cover ScotTrade's fees... After this RS I'm going to have ONE freakin' share left... And that's rounded down...
I guess I'll get ScotTrade to send me the certificate, I'll frame it and put it on eBay... Probably have a better chance of making money on UNDT there anyway! LOL
Ah well... Another newbie mistake... Have learned a lot about pennies over the past five years... The biggest one is as you said... "Trade it, don't marry it"...
See ya in the funny papers!
Meh... Not pissed off, just pulling my bid for something else that's moving. I'm not tying up a couple grand on something that's just going to sit there! Hell, I would just go get a savings account if I wanted to do that! LOL
Just letting ya know where that 25M bid went to! Ciao!
GLTA!
My bid has been in since Monday afternoon and is only going to be there until 3pm today, then I cancel it and move on. Not wasting any more time on a flat-line stock...
I withdrew my bid... Got tired of waiting for that wall at 2 to come down. Moved on to SBRH... See if I can make some money there...
GLTA
That's a hard one to call, Jess... If you buy at 1 and then sell at 1, your broker is going to love the money you give them. But then again, if you wait to sell at at 1... Well... He may just laugh at you, too!
YMMV...