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Jim Cramer says BUY China stocks
Confused, So did they release already or not. Whats going
on tonight?
I got out of ANDI for now. I was thinking of accumulating but The aps aren't impressive and with all the CEOs hype seems to left the shareholders in the dark. Will try to catch a run for something quick but my long term view is clouded on this one. Will revisit if any news with $ signs come into play. Otherwise any more fluff pieces will just see a quick pop and drop.
On the day it spiked, half that days volume was made over $1. With the amount time it has taken to reverse I expect it to be a bumpy ride but form a bull channel from here. Higher highs and higher lows. I just don't know where the first B is of the ABCD formation. I am hoping Monday will be green and we can get a boost to test the $1 and close at least in the 90s. I expect some bag holders to form some descent Resistance. Best case is we get a press release reconfirming 2012 projections and some good articles to second guess the selling. But I think that is wishful thinking.
Good luck to you. That initial reaction on the earnings is all the confirmation I need to know buyers will come back in once confirmation of reversal continues. But it needs volume and forward increase in price sooner than later. If we do breach 1.40 then hold on to it, we could see a quick rise after that. While the stock is hated now the company is coming out of black cloud and growing and showing they can make a profit.
No its gonna be tough to get through .90 to 1.40 but in a month should be through it. Hey a month for 100%+ aint bad.
Good Close today. Seems volume is back and so are the buyers to reverse this head scratching sell-off. $3.00+ here we come.
YES, Its hard to see it but the company is growing and is profitable. Just a matter of time before it reverses. Market is not helping. That .76 support is key though.
Don't worry.
Divergence:
What we have here is nothing short than a divergence between Price per share and corporate growth. Even though this is a penny stock it is a real company with crisp financials and great management. The growth of this company is showing no signs of stopping, tapping into an demanded apparel niche and slowly being Branded.
Increasing Brick and Mortars, remaining number one on Google search, and showing transparency through press releases should indicate the intensity of this company.
As for dilution I beg you to READ. Look up the A/S {actual shares} of this company from SEC filings. A/S has not increased since they raised it in the beginning of this year. Listen to the conference call which divulged current profit will cover future expenses. Even using the "eclipsed" 20k a day sales will get you the 500k needed to open 10 stores in 25 days worth of sales.
Sellers: That got bored when they got caught over .006 are being eaten up. Get bored enough - trust me - you will not get less than .004 for them on my GTC order.
This is a powder keg where one day either the PPS has to go up or the Company revenue has to go down. Soon you will here "snap" and you will be chasing for shares like most did over .006 but this time over .01.
I disagree. You need to be aggressive to take advantage of the product life cycle. This seems to be fad happening that they want to capitalize on and take as much market share first before anyone else does. This is a simple turn key operation so the overhead will be low compared to other types of retail outlets. Name recognition is key and exposure is the only way to do it. Stores will exponentially assist online sales which we know is the bread and butter.
That's "Eclipse" the 20k a day 7.2 2012 projection.
So our guidance is conservative. We should see a crazy Q1 IMO.
We are sitting on the beginning of a massive franchise or at least a huge acquisition from Brand companies.
Don't let this PPS fool you. Its now only a matter of time where .10-.50 is REAL.
DEXO nice hammer you got there.
I honestly think it will take a few Holiday surprise revenue emails to turn some heads in our direction. But meantime, I am sitting on a GTC limit order if it goes back to the neckline in the .004s. Lack of buyers and boredom is not a good combination for newbies in penny stocks. If you catch those falling market orders right you can sit pretty. Also insights companies to release a PR or two when a spike down occurs and sellers come back in.
With your shares you can produce your own fire sale. What exit are you looking for .015?
Just people placing a market order instead of a limit
Still Bullish on DEXO.
I agree, the market cap will eventually catch up to the proven profitability. Gotta love the bull trend on the chart. Heading in the right direction. I admit my entry was not the best and I am disappointed with the pull back, profit taking and lack of buyers. But all in good time.
Problem I have is that the PPS has not factored in the dilution. If you want to bet it wont happen at the shareholder meeting your just as diluted. When if passes, then What? Nothing has changed except the company can sell off or offer 1 billion extra shares at will.
At 1.5 billion in A/S the market cap at current price is 10 million dollars for a company that has $0.00 Revenue and 2 mil in liabilities.
http://www.otcmarkets.com/edgar/GetFilingHtml?FilingID=8153613
This is an "Development Stage Company" - At least wait until the rules are ironed out before you jump in to play this one.
I made a few grand of this play while it broke a penny but now when things are more transparent you need to consider the math.
If your going to argue, take out your emotions and start showing me how this will ever breach a penny (15 mil market cap) in the next 3 months.
Raise your hand if your a bag holder!
My Guess this will mirror PEIX. The day after earnings PEIX traded sideways. Then a series of pops. I expect the same. I did miss the morning gap to back out reload though. But regardless this will turn out to be a nice swing.
That is not my experience with Pennies. They need money and probably promo this in Dec or Jan. Then pump and dump
Love the product but still hesitant to buy with dilution not ironed out yet. Everyone is sitting like me on the sidelines and the shorts seem to think the dilution will be approved.
Those 5 mil in Shorts will start covering tomorrow
Debt to Asset ratio is 1 to 1 so its not as bad as it sounds.
Target $3.00.
44 cents per share earnings plus 5x the revenue next year.
This stock traded over $3 last year on $7 a share loss. Now its profitable and crazy billion dollar revenue projections. Sweet
DEXO $3 here we come
Any close over .07 is a possible breakout to .12+ IMO PPS holding up over .06 is a good sign of a bottom. I think everyone is on the sideline with this one until real volume starts to come in.
Newbie bag holders hitting market order.
The vote on the dilution will be critical and is the glass ceiling until they vote at the end of this month.
There are a lot of bag holder on this so its gunna be tough to increase the PPS with people getting out from boredom. We need a catalyst which can only come in the form of a PR from the company. We need some main stream news here. I am trying to accumulate but its tough getting those cheap under .06 shares.
Train left the station and the PPS is behind on a bungee cord. Hold on tight!!!
Pull up a 30 day chart and draw a line on all the Higher lows. You will see where the trend is on this stock.
As with the revenue it going up not down.
Type in Leggings in Google. That's all the proof you need to know why Bravada will keep taking that 3 billion dollar market share.
Meanwhile, I will keep taking your sell orders.
Been following for a while and love their NEW website. Just wish they release some news already on any current events. or even on the great performance and growth they are having.
Only 8k trade at .0026 but certainly does make the chart look really sweet to load up again. Have to admit I panicked a little when I saw us dip into the teens but the longs grabbed those shares right up. If someone dumps again I will try to be the first to pick em up.
This is the Morning star candle I was looking for. No reason we wouldn't reverse at this level in the over sold territory.
This is NOT a PROMO. Limited number of buyers. So this is selling on the news profit taking that outweighs buyers right now.
INCREDIBLE Forecast. .04 a share easy.
The numbers are conservative. Full Year 2012:$6,100,000 - $ 7,000,000
Using even the low of the low forecast of 6,100,000.
We know the profit margin was an incredible 60%+ so lets even use 50%
6.1 mil Rev with 50% Profit margin is 3.05 Mil divided by the outstanding shares = 2012 earnings of .004 a share.
Throw a PE of only 10 for a conservative ratio for a proven growing company equals 4 cents a share.
Anything under 4 cents is a steal. This company will be trading over .25 in 2012 as each quarter crushes the forecast. "Tip of the Iceberg"
Bravada is currently only domestic and isolated to currently one brick and mortar store on the West Coast. With intention to open new stores as a "Chain", Bravada will quickly be a household name which is currently viral and this is the ground floor launch pad.
No wonder the CEO said "We are Grossly undervalued" in the CC.
1st Stop Pennyland!!!
We need to see the $ behind the Aps. Right now we are at a reasonable price with the dilution. 2010 = 1.2 mil in profit from last year without the 24 aps. Expect 2012 to be 3mil in profit divided by the 1.5 bil a/s = .002 EPS. So we are realistically sitting at 2012 profit could buy up the entire a/s at these prices.
BUY if this dips below .002. Accumulate and wait for 2012 Q1.
Did you notice he started to mention celebrities coming into the store and quickly switched off topic. You may read into celebrity endorsements and more publicity from TV shows and such.
CNN: China Stocks Cheapest 'I've Ever Seen': Index Pioneer
http://www.cnbc.com/id/45065376