is...(50 and retired)
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I just bought 1M at the market. That .0019 was ME. I am a sucker. It'll pull back now. Won't see .0020 today.
The directifier looks like a joke. A highly evolved person like a doctor or a lawyer would be insulted by such stupidity.
Did someone "whisper" this information to you?
The GOIG.PK run was in April 2010. It went from .0014 to .0675 in the course of six weeks. It had a rapid downfall afterwards returning to sub-penny levels. GOIG.PK had another mini run and made it to 3 cents. It has since had a massive reverse split and now sits in the penny stock graveyard.
Very candid, knowledgeable post. Thank you kjets that was good!!
We would RUN with a PR right now??? We JUST HAD A PR!!! It didn't run!
Selling., taking my loss and moving on. This is going nowhere. massive O/S, smoke and mirrors.
Hi Kopper. Glad you're on Twitter. Keep using that platform to promote SEEK.
Well; we got our press release! It was VERY forward looking! Note the disclaimer to that effect at the bottom! The news was released well before the market close, and the price didn't budge. Already baked in the price?
Hopefully the stock picking services will start to see this pinky on their radar. We need the stock picking services and the market makers to work in collusion. That is the ONLY WAY these things take off. The PR today read like absolutely fantastic news. You'd think news like that would give us a 80% jolt at least!
How many of those 1700 lawyers listed pay the annual the fee to be listed?
If we do get a PR, it will be a weak one with another empty forward looking statement. Using the "sell the news" rule, the PPS will tank following the empty PR. We need a solid progress report. A promise not to dilute anymore. I tell ya, I wouldn't list with this outfit if I was a doc or a lawyer. How many people actually use this thing? There are no listings for anyone in my area, and I live 8 miles out of Chicago, one the largest cities in the nation.
Our only hope of making any money is if the pumping services and a cooperative market maker get together and coordinate a run.
We need bullwarrior, Lebed, or hotstocks to carry this thing.
Whether or not we have a "seek family" is irrelevant. What is relevant is that SEEK.PK should not dilute any more, should post its financial report, disclose what its plans are instead of blowing smoke up our behinds with those forward looking statements.
As of right now, there was a sell for .0010. We are a hair's breadth away from triple 0s. That means a break below main support is imminent...
When the PPS breaches below .0010 there will be a mass exodus for the exit. Someone call Scott so he can pour a little more honey into your ear.
You have spoken to Scott a number of times? What do you expect to hear from him? If the trend is negative do you think he would tell you? Are you THAT naive? Its his job to release "forward looking" PRs. When have you ever read a negative or cautionary PR from a pink? Huh?
In every conversation he would play the proverbial violin even if the deck were awash. That's why I laugh when posts are written about having spoken to Scott. Like he's going to warn you if there's a problem? Its his job to sell shares! Shares are the main product Scott sells! The "directifier" video was a mockery of all of us. Did it look official to you? It was a joke!
Some pinks get the green light from the stock picking services and the market makers run with it and blast a stock to multi cents from these levels. That's the only thing that will save this POS.
It will not go anywhere on its own fuel because there is none.
The only "evidence" you have of a call center in India is a press release. The "news" on a pink has no regulation if it is prefixed by a "forward looking statements" disclaimer.
I am out on the next mini run to .0017 or thereabouts. The general mood here has changed from hopeful to suspicious.
Rightfully so. The CEO is silent and is making covert moves that are not in the investor's best interest. I'm getting antsy and distrustful.
Thanks for the post. Very well written. You are a true scholar that's why I missed you.
MD i apologize. Glad UR still here.
SG does not care if the PPS goes into the .000s and he will not issue a share buyback just to prevent investors from getting a heart attack. I am suspicious of the misspellings on the website. The whole thing is designed to fleece penny stock speculators not build an actual business. It is an obscure website with very spotty nationwide coverage. If I were a lawyer or a doctor I would not list with this "service".
WHERE IS MDIMPORT???
WHERE IS MDIMPORT???
He was the one who got me ito this. He has not posted in weeks.
Perhaps he fled, sold and said nothing.
At 11:01 I saw a massive sell block of 2,800,000 shares.
You are correct. I saw robust buying on level 2. This stock's price action is very tight, oscillating between .0012 and .0017 for the last 2 months with massive accumulation. This stock is being kept down by an iron fist. One day, very soon, the volcano will erupt and we will see back to back monster days of 300% gains with 100's of millions in volume.
That's not to say it will stay up there and prosper, but it will be the huge pop many of us are waiting for.
I really do want this stock to do well. I have become cynical after seeing the same promises from the CEOs of ONFI.PK, ASFX.PK, SPNG.OB, GOIG.PK, SFIO.PK and so many others.
See? The KEY ISSUES about the float, share buyback, the debt and the looming possibility of a reverse split were conveniently omitted from the conference call. Just a pumping rally with a bunch of hot air and forward looking statements.
I'll see all of you at .0001
I'm a buyer if the ask dips to .0008. I'll have a buy order for 2M shares at a limit price of .0008 sitting there like a plump ripe peach. Let's see if the MM goes for it.
There is nothing in that blog to indicate that "our" Scott Gallagher is the author. I hope the photo of that guy is not SEEK's Scott G., because that fella looked like an inbred cross-eyed retard.
He wouldn't "do that to us"??? Of course he would! There is no decency in pinky land, no laws no repercussions no quarter. This is a $5K "company". I hope hype drives it over half a penny some time soon.
That's right! In the stock market anything can happen! SEEK's business is growing faster than people imagine! New subscribers are signing on daily!
SELL THE NEWS
This is what people are doing. I don't understand it. Volume is anemic. SEEK should be at 20M volume with b/a @ .0020 X .0022
Yes. Exactly. I have been screaming ACCUMULATION on the Yahoo board for a month.
Hi Tyt. Its me Jerry from the Yahoo board. I agree with you. After that horrible massive restructuring there are far, FAR fewer shares of this stock in existence.
Add to that the resignation of the good doctor and you have a recipe for an encore performance of Oct. 2009.
Call me cynical, but I believe SEEK, like all pink sheet stocks has designed their website to attract buyers of STOCK not actual customers. Seen it all before. Only four employees, no profits, and "news" with forward looking statements.
I'm not saying this can't make investors money, but you have to sell on the crest of the frenzy when it does happen. It will inevitably crash afterwards.
You are right Jaguar. Come to think of it the volume isn't that large. A major dump would look worse. I bought more at .38. This is only an obscure mining company that has just begun a study on some property. It will be years before it becomes a productive mine.
The action at this point is speculation.
Thank you Jaguarxj99. I think a retracement is possible. This went up on pure pump though. I think the run is over. It may bounce back to .55 today but I doubt it.
The run is over. This could easily collapse to the .20s today. The PPS made a stand at .42 but it was short lived. The chart is broken and everyone is running for the exit. This is a brutal game.
Indeed. What happened? The frenzied buying created by the stock picking service's promotion has collapsed. This is a textbook pump and dump. The price will return to a bit below the point when this whole sleigh ride began.
Hi Art. I got in as high as you did. I feel sick in my stomach about it. No, I think it was a one hit wonder event and we tried to play a momentum trade, hoping it would go to the low .30s. Well, it went against us. It will be a long time before it does anything again, if it does anything at all. It was a bad trade.
Please go into more detail about the float being so low and thin. Use real numbers instead of abstract metaphors like "thin".
"Institutions" deal with $5 stocks, at a minimum. NO institution such as Fidelity, T Rowe Price, Schwab, etc. would even consider adding a penny stock to their mutual fund portfolios! Are you nuts? The phrase "Institutional buying" refers to blocks of shares purchased for a major mutual fund.
Peeps selling now will be glad they got .08 for this pumped up junk stock. That one little spot on food network did the 400% gain. It will drift down and lose that 400% quickly and be forgotten again.
Yeah, right. You got that from a press release. They are forward looking lies. Call Pino Gelato. They don't sell very many of this junk food item.
$8 per share is a wildly optimistic prediction regardless of the timeframe. The recent pop this stock has enjoyed is, as it turns out.. baseless. The recent FOOD NETWORK episode was a previously aired REPEAT! The momentum that was created is wearing out already.
I really hope I'm wrong.