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one of his many
Wasn't there someone a while back on this board who claimed to have gone by the AVT facility? maybe they should check to see if the N9000 machines are really being built...
0.0005 close today. Accumulation is at the ceiling. I expect the PPS to jump fast and very soon...
5 1/2 trading days left in November. Will Mel release any news or will it be postponed yet again? Monday would be really nice...
This is a Pinksheet stock that has not released any financials since 2008 and is a "STOP - no information" classification company. Unless this is your first trip to the rodeo you have no reason to be bitter about any lying or deceit from Mel. Do some DD before putting money into this stock, any stock for that matter. If people don't know how to play the game then quit playing.
P.S. Try shorting Pinksheet stocks. They all go down much more than they go up. You'll probably be a lot better at the game that way and actually make some money...
This chart just gets better and better looking every day I see it. If I get any spare dough, I will be buying at the ask all week. Bollinger bands are squeezing upward. Money flow is at an extremely bullish level (well above the .25 signal), along with Accumulation (which looks like the float is all bought up) that just keeps climbing. ADX is upward trending once again. SAR should flip to the bottom within the next few trading days. Hopefully there will be news released at the same time, maybe within the week. That would send this up in PPS very quickly. GLTA in POPN.
sent out another email to Mel. we'll see if I just get some fluffy BS or something substantial real soon. The number of trading days left before his supposed November PR release is dwindling quickly.
mid-November and still no news...
SAR has flipped, Accumulation has been upward trending for 2 months, and ADX is turning positive. The Accumulation is at a level not seen here in years. With the RSI in the 40 range, there is a lot of room to run and this could take off quickly...providing there is some news to drive the buying pressure. The next 4 to 7 trading days will tell.
the ax doesn't necessarily have to be the first on the ask
a MM will..
So that's $610 for the over 400 word press release for distribution in the U.S. Add in costs for it to be written, $350, and to be distributed in Canada where the machines are going, $500, and it's around $1500.
That's a load of crap. PR's run about a $100.
PR's generally run about $1500 each. Being a fully reporting company also costs money, between OTCBB, lawyer, auditor, etc...these are the extra costs involved with a Pinksheet company that has no funds and needs to sell shares to finance it. Maybe if the company starts generating revenues it can become fully reporting, but until then they need money to produce machines and ship them, market the product, and sell more. It won't happen this year or next but the potential is there (if there really are machines being shipped, of course)
Here's a big maybe...suppose the A/S increase was to finance the company and pay the bills to finish the N9000 and complete the shipping, and maybe this was the reason for the delay from end of October until November. If the company really has a real product then this might have been his course of action to finish the initial construction and completion. Remember that there are many more costs than to simply buy materials and put them together. Or does everyone expect him to finance everything from out of pocket? With no audited financial statements over the past 2 years, it is impossible to tell if there were any bank loans or outside financing for the product or for the company.
Just a thought...
I believe .0003 x .0004 offers low risk, high reward as an initial entry
Got a reply today from an email I sent out earlier today:
Mel Wyman
To alex@xxxxxxxxxxx.com
From: Mel Wyman (sportmel@msn.com)
Sent: Fri 10/15/10 1:50 PM
To: alex@xxxxxxxxxxx.com
The Company is going all out to ship the N9000 ASAP-new product intros always have some snags in timelines whether it be Apple or a small company like POPN. We've slipped the likely ship date into November but remain confident the N9000 will be a world leader in snack vending and have huge demand which should all be reflected in the PPS. We take no comfort in the PPS being where it is and will work hard to restore shareholder value. We'll make the appropriate announcement after shipping.
Knight Equity (NITE) is consistently the top share volume market maker and they do short a tremendous number of pinksheet and otcbb shares of stocks. It actually is a very profitable way to trade. Personally, I don't like shorting stocks but it can be profitable.
looking like another quiet Friday...
hopefully this will soon
We are currently at the first resistance level of .0008. There is some slight resistance at .0009 and .0010 but those could fall easily. The next major resistance level would be .0012. If that breaks and we have a good PR, buying pressure will come in and the PPS could rise significantly.
once again, it's close to the time for the SAR to flip over. We've been sideways channeling for a couple weeks. Keep watch for the SAR flipping to the bottom somewhere between the end of the week and early next week. RSI is holding around 50, perfect for a trip north in PPS. MACD and CCI both bullish signs.
Now since POPN hasn't been a fully reporting company in a LONG time (last UNAUDITED financials were June 30, 2008), I stick mainly to chart reading and the not-too-often PR. POPN is a limited reporting company so people following this should not take anything that has been stated by Mel, or in a PR, to be completely factual. We all know the forensic audit PR was a sham so no need to keep bringing it up. Question is: Is there going to be an actual placement of the N9000 PR released this month? If it is by next Monday, I would expect a nice rise in PPS. If not, expect more sideways channeling with occasional bounces up and down, between .0006 and .0012, perfect for daytraders...
slow start...
very well could be. its an easy $1000 on 10 mil shares from .0006 to .0007
the latest form T trades are most likely between market makers and probably occurred early in the day, dropping the bid/ask down to .0007/.0008. pure manipulation in my eyes. easy to see when only a few mil shares drop the PPS and it takes many mil shares to cause a rise in PPS.
nonetheless, after a retrace to .0007, and possibly to .0006, we will see a rise in PPS again due to accumulation and pending news of the actual placements of the N9000 machines.
.0007 X .0008 bid/ask. looks like the sideways channeling with slight downward trending I mentioned previously
TD Ameritrade - Bid @ 0.0001 / Ask @ 0.51
SAR flipped today with some selling pressure and the lack of buying pressure. I expect to see this having some sideways channeling with a little downward trending over the next 2-3 weeks. great time to pick up some shares before the upcoming news...
Monday, or maybe Tuesday-Wednesday will decide the direction of the PPS. It looks like we have a 1st support at .0009 and second at .0008. The SAR is what I'll be watching, for if it flips to the upside (it is sitting right under 1st support @ .00088) we could see another drop in PPS, somewhere in the .0006 to .0007 range again. If support holds on Monday, SAR will remain under the PPS and could be the signal that PPS will rise back up and give a new and higher support. Keep a close eye on the ADX, which is at 35.26. If it rises above 40 it will indicate a strong upward trending pattern, which many stock screeners look for. I stated before, 4 weeks ago, that with buying pressure, the support of .0006 would be held, and it was, with a rise in PPS to .0014. With that said, buying pressure alone will drive the PPS back up over the .0012 resistance level. With any substantial news (even just a fluff PR), the PPS could easily surpass that and the weekly high of .0014.
under 'settings' is 'upload image'. upload it to the 'my pictures' and then embed it into your post
today's PR gives us a timetable as to the actual placement of the new model at those, and other, locations. When the actual placement of said machines is released in a PR, I would expect to see a jump in PPS of 5 to 10 times the current PPS.
it came the last 2 market hours, and it usually comes from people who buy
buying pressure will bring the bounce up higher
If that happens too many times to a person then the next best 'bet' is to buy and sell ETFs
August already and no real trading? It's been a long time since I checked in on the board. I bet we don't see the DTC issue resolved before the end of the year...
yes it is.
this video explains it all and is a good marketing piece
here is a video of a POPN machine making popcorn
POPN is in limited information status on Pinksheets as they have not filed any financials with the SEC, including any 10Q reports since Septemper of 2008. No R/S information is available through Pinksheets.
http://www.otcmarkets.com/stock/POPN/company-info