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"the company is adding value to it's shares through acquisitions. They already have three properties and casino's that can generate substantial revenue for it's shareholders and are ready to launch an online casino. This will be a huge boon for the company and it's shareholders. The launch should bring significant interest into this stock. The Company is presently negotiating 39 slot parlor locations throughout Nicaragua. This acquisition would generate revenue of $10,250,000 in addition to current revenues."
Yeah, I just saw this posted on his site. It was a nice write up.
pennystockgurus.blogspot.com/
He hasn't shown up at all today to say. I hope that 4.5 mil dump at 18 that killed the rally wasn't him.
Just this post:
Posted by: here4beer 2010 12:26:30 PM
In reply to: vikingzskillz who wrote msg# 11244
ok ladiez i m gonna start putting some orders here, .002 and up....lets see how far we can get this thing
Yeah, but the problem is that if someone is dumping a lot of shares at one price instead of a few blocks on the way up, then other people will try to undercut that person and sell on the bid if they are impatient and want to get out.
Once again this is just my opinion, but when a stock is moving
Sometimes a 500,000 sell at .0018 500,000 at 0019, 1,000,000 at 002
is healthier for a run then just doing a 2 mil sell at 18
Well anyone who asks when they should dump shares to me, doesn't seem like they are the "savviest" of investors. IMO half of his 40 million shares should have been sold when this ran to and past 001 on Wednesday (for a double) and then another 10 should have been sold on the way up to 002.
Selling smaller blocks into a run makes you money and keeps it going. This is penny land, you can't just buy 40 mil at 0005 and then expect to sell a 40 mil block at 002
Could be that guy who had 40 mil selling some of his shares.
I also like the fact that this board is still relatively quiet... I prefer that on a run like this.
I get a little skeptic of stocks when I see people coming in saying "TO DA MOON" "I'm going to retire on this"
I honestly didn't think we'd see the volume and this buying till power hour with people rushing to get in. If we hold the Bid ask at 002/0021 the last hour of today should be nice as well as going into monday morning
I hope that beer guy sold at least 1/4 of his position today... Good for him and the money he made.
Yeah I had sell orders all line up in low 002s. I kept one and I moved mine up as well
I agree with you. I think a lot of people waited to see if this would dip and now you may have some buying coming in all the way till close cause people want in on this to hold over the weekend.
Already 5 mil in volume... I didn't think we'd see 002s today, but maybe we get a crack at trying to knock down that wall. After that it's a party
And today we still had 14 million volume. This stock hasn't seen 14 mil in volume in over a month... We had record volume yesterday and today we still upticked to end the day.
I'll take a .0015 close. I still think there are a lot of people waiting on the sidelines to get in who still aren't sure if this will dip back down. Another day of holding these levels and you may see that second round of buying sometime tomorrow as people may want to get in before the weekend
I agree. I like that it's holding these levels... It's been taken down 2 ticks on less than 2 million volume. I still think there are a lot of people wanting to get in this and they're waiting to see if it dips. When they see that it's not going to take a huge dip, you'll see the second round of buying come in.
It's still quiet here... If we have another nice day, then you will see everyone roll in.
Well, let's see. This thing saw volume today that it has never seen in one day and it happened to occur on a day when the company is updating it's website. I think that's more than enough to give you a good feeling.
Yeah that's what I'm saying... I'm impressed. All this on only 45 mil volume.
Really? 45 mil volume in 30 minutes?
Yeah 4 MMS at ask of 28. If a sell off breaks out this'll go back to .0024 IMO otherwise it should close at 003+
Well, you asked why people were buying and I gave you a reason. Bottom line, this thing was at .0006 on monday, so right now you may still have people holding a lot of shares still sitting at a 500% profit and if they wanna sell before the weekend hits this can drop just as fast as it went up.
I can tell you why people are buying this... The main two reasons why anyone buys a penny stock. MOMO and a decently low float. The company hasn't filed anything lately as to what the current A/S is, but it's probably somewhere in the hundreds of millions (IMO) because if this was a billion floater it wouldn't move the way it is right now with only 140 mil volume.
That's probably the most straight forward answer you are going to get right now, because in all honesty no one knows what's going on and everyone is too busy saying things like TO DA MOON, I can't wait till next week, this will fly, etc...
Don't be fooled when you only see one mm (NITE) on bid. ETMM isn't logged on to this stock so the etrade bids are probably also going through NITE
Thats what it looked like. 2 million shares at 18 to 19
I was bid support at 002 for a while today and I will add some more 002s tomorrow as well
I don't see a strong close, but that would be nice. I see someone painting a 002 close, but I'd rather it close at 0019. Otherwise, someone will bid whack it first thing in the morning tomorrow
Yeah, the only thing is that I'm not exactly sure how much paper work and money that entails. If someone else has a better idea and can enlighten me I'd appreciate it.
Well, thats why a lot of people are waiting to jump in. Hopefully the C/E removal comes sooner than later and then this thing will really take off
Looks like some people wanna jump in. We keep going from 1 at the ask to 2 and then back to 1 and so on... Now we're back to having to askers at 0019
I added 2s today as well. Ready for another run imo
Hit by what? A pillow? That wall ain't moving
15 minutes and no trades...
100 mm is a little less then what we've done already and close to the volume of friday so that's a decent sized wall for me. No trades for almost 10 minutes now
Huge wall at 4 but holding amazing at 3s. This is gonna need a push then blue skies
HOLD ON TIGHT. Here come the 2s. We stay here for a bit then blow up
Well, touch 2s for a second, before we bounce back up and start fighting that wall of 4s... Then its blue skies from there
It looks like all sells because of one slap of 4s for 175,000 Otherwise it's filling the 3s that we never saw on friday. Most of fridays volume was at 2
Wow... Amazing buying into close.
DAMN 13s up
Yeah. By this time yesterday we were already over 50 mil in volume. No volume right now...
Very slow out of the gate this morning