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My take: We will break 0.020 today and it will go up to 0.022 area and close at or above 0.020. At early trading tomorrow morning, mms will shake it below .020 and then take it back above 0.020 and go as high as 0.030 area or if we get news, break that area and there will be a massive momo play to who knows where... 0.10? or more?
"Volume precedes price moves" is as good today as it has been for the past hundreds of years...
It was the 480k at 0.016 that was the last of the sell order that drove this down on light volume.. got a few more at .0162 and 0.0165.. tnx guys...
"Green Tree" financial... lol what name... let's keep it that way...
Check out this news on 09/21... amazing stuff going on with this company..
http://www.pinksheets.com/quote/news.jsp?url=fis_story.asp%3Ftextpath%3DCOMTEX%5Ciw%5C2006%5C09%5C21...
Well, I've still not heard from Gabe and he's never been tardy before.... the technicals on this stock is lousy now with support in the the low .20s. Lots of pinkies are runnig lately and we may get some wind on our backs...
This is just another string of pinkies that is exploding... chart set up is just perfect. First breakout today and looking for 0.031 breakout soon.
http://stockcharts.com/h-sc/ui
Here's my own personal thought on Friday's wacky ride. I know many here are attributing to the naughty mms for it. Blaming for mms for many things is common and, likley, many of the claims may be true. One classic trick by the mms is to take vulnerable stocks (i.e., stocks with many nervous nellies at support or resistance levels) is to force a domino effect by "losing" some of their own money to take down or up a stock through support or resistance levels, hoping to cause a techinical players and nervous nellies to follow suit, causing a more selling or buying that, if goes well, eventually causes a momotum to build. This will cause "stop loss" orders to be triggered and add to the momo building and the final panic ends. This typically occurs with momo stocks or regular NASDAQ or AMEX stocks where the institutional and individual holders typically set stop loss orders in order to limit losses. What's different about RRGI is that it's not a momo stock or a daytrader stock. It's also a pinksheet stock that likely has very few setting stop loss orders. The volume Friday was the highest ever for this stock and there is no way to explain that with mm "manipulation" or stop loss order triggers or even selling by "nervous nellies." I think it's reasonable to say that most sellers of this are already out. I have not heard from Gabe, yet. I emailed him Friday morning and also left him a vm message. I have taken loss on 1/2 of my holdings and will watch for news to repurchase. My biggest concern is that the company may have issues more stocks to investors at a substantially lower price than Friday's prices and they have sold those shares, causing the slide. The move from .20 to .35 was on very thin volume... indicating that the seller was done selling. We'll see what happens in the coming week.
What I have written here is ONLY my opinion and NOT fact.
amazing trip to hell.. back to .34 x .35....amen.
I just don't think such huge volume drop can be manufactured by mms like this out of thin air. This is not even a daytrader stock. I'm totally baffled and assume the worst at this point.
Have no idea but I wrote Gabe just a few minutes ago. We are screwed. That's all I can say. Don't know what hit us.
We actually hit 0.43 this morning. We are trying folks.
(PR NEWSWIRE) Hollywood Producer Del Weston Accepts Position on Board of Directors at Reality Racing, Inc.
Hollywood Producer Del Weston Accepts Position on Board of Directors at Reality Racing, Inc.
BOCA RATON, Fla., Sept. 28 /PRNewswire-FirstCall/ -- Reality Racing, Inc.
(OTC Pink Sheets: RRGI) President Lee F. Schaefer announced that the company
has added Hollywood Director/Producer Del Weston to its Board of Directors.
Mr. Weston accepted the Board of Directors position, thereby joining an
illustrious quorum of seasoned professionals that includes multi-Emmy
nominated producer Skip Fredricks.
Del Weston, a well-known Hollywood director/producer in his own right and
the creator/producer of the much-heralded Action On Film International Film
Festival, began working in Hollywood in 1988 for Animagic Motion Graphics
Studio. While at Animagic, he was deeply involved in projects for an elite
client roster that included Warner Brothers, ITC and Universal Studios. In the
ensuing years, Weston created the first Hispanic Pay-Per-View comedy event,
along with a long list of sell-through shows and videos including: The World
of Martial Arts and The Five Forms To Black. He also ventured into film
production with Camden, Poor Toni and his latest feature release, SINS, due
out next month. Currently, Weston's company EFC Films is producing pilots and
programs for television, including: The National Sports Schedule, airing on
ESPN II, Fempresario, airing on Time Warner Los Angeles and a new show called
Alive.
Reality Racing President Lee F. Schaefer said, "We are all thrilled to
welcome Del on the Board of Directors, and are overwhelmingly optimistic about
what he is bringing to the Reality Racing table by joining our team. His
excellent credentials, valuable years of industry experience, established
industry contacts, and overwhelming enthusiasm for the project all make him a
spot-on match for our team, our fans, our sponsors and our investors."
Reality Racing - The Rookie Challenge combines two of the most popular on-
air entertainment concepts - stockcar racing and reality television - to
create an unmatched, action-packed 13-week TV series; scheduled to air in
2007. Reality Racing, Inc. has signed Nextel Cup(R) Series and NASCAR(R)
legends like Bobby and Donnie Allison, Cale Yarborough, Rusty Wallace and
Junior Johnson to act as judges and mentors for the show's fifteen
contestants. The winner of Reality Racing - The Rookie Challenge will receive
national media exposure, a cash award, a gold championship ring and the
opportunity to drive professionally in a NASCAR-sanctioned race.
Information can be obtained by viewing the Reality Racing website at:
http://www.realityracingtv.com.
It doesn't look like you have much experience trading. That's okay. We all have to start somewhere. But you have to plunk down some real cash and buy stuff and sell stuff to really begin to understand what this is all about. You've also got to have access to intraday charting and lvl 2. There are many "tricks" in the level 2 and that'll come with experience. Furthermore, most nas and amex stocks run on "programs" --- and this will be noticed by how quickly prices move around and you know no human hands are that quick.
Level 2 is a graphical display of all the buy and sell orders-- some liken it to a display of the "depth" of the market for the stock.
what makes you say that? I don't have pink lvl 2.
Go to this site and learn the basic lingo of trading
http://www.investopedia.com/
0.40 seller is doing a pretty good job at holding this from an explosion ... an inevitable explosion, that is. He/she is a short and will be one of the major ones to take it up higher. Bigger news is on the immediate and intermediate horizon...imo.
CuttinRog and daytraderrz: excellent post. The P & G news affirms evenything we have been believing about this company: it's not your dad's pinksheet company...lol. What a beautiful announcement this is today. RRGI now has the real potential to become one of those stocks that will turns heads of traders as they remark, "unbelieveable!" Yes, the Futuresuperstock.net has been advertizing their promo of RRGI for the past 2 months that I've noticed, at the most popular stock charting website.
http://stockcharts.com/h-sc/ui?s=rrgi&p=D&yr=0&mn=1&dy=0&id=p07614537079
We have crossed the line today, folks, into the promised land!! Sorry, MLK
I urge you folks to try this if and when you are buying more.. there are NO SELLERS. As soon as I tried to buy the stock took off. 0.38 x 0.44 ..what a big mess we have here (for shorts, that is).
I placed an order for 0.33 this morning while the bid was at 0.32. In barely a few minutes, the bid jumped to 0.36 and knocking out the 0.36 ask out of the water and now we have .35 x .39. I guess that explains a whole lot about what is REALLY going on. All these volumes may only be mms or other players just selling to themselves.
Hmmm. I'm new to this whole car racing business. Looks like "Idea Sports Entertainment" stock is no longer trading. Furthermore, there is no further news on the "America's Top Driver" show that I can see.
http://www.equitygroups.com/otcbb/ispo.html
This Idea Sports E group is a weird one.
http://findarticles.com/p/articles/mi_m0EIN/is_2004_Dec_27/ai_n8584261
A theme park in China?
A boilder room company...?
http://www.investorshub.com/boards/board.asp?board_id=3458
What was your point for the post on this company? I missed it.
Thanks.
True, daytraderrz. The sponsorship announcements will make RRGI much more legit to the average Joe and traders. The sponsorships will also give RRGI more leverage in making deals with TV networks. I wonder who would take this show. Fox Sports took it last year but the deal fell apart with delays. ESPN? That'll be even better. One of the major networks? since they have lost out on the American Idol to Fox.
The entry deadline has come and gone as of past Friday. Bobby Allison's website says that "Reality Racing tapings to begin" in OCTOBER. That is EXCITING, to say the least. I'm not sure what kind of "taping" this will be since the entry deadline was just last week. However, what's clear is that things will now move much more concretely and fast as RR moves toward the 2007 Reality Racing : The Rookie Challenge TV show.
I've not been this excited about a stock in a while.
What's been really puzzling to me is that we had the 3 of the heaviest volume days in the $.50 to $.30 area.
http://bigcharts.marketwatch.com/intchart/frames/frames.asp?symb=&time=&freq=
It's usually a sign a big seller or sellers had to get out for whatever reason-- but they had to. It can be a good sign once the volume slows down after that but typically you'd see a big spike back up-- perhaps we had that when we hit 1.20 presplit from 2.10 the previous day and shot back up to 1.80.
At any rate, the stock movement in the short term is much harder to understand and predict than long term. The long term looks very interesting, indeed.
lol, my bad... thought it was some metaphysics code...
what is "TBA"? Thanks.
Daytraderrz, I gotta agree with your observations regarding the trading patterns lately. I think it'll be down here and may even break the .30 level if no news comes to bring in new buyers...however, we know that things will be happening with this company in the coming months and when they do, this stock will pop very quickly. GLTY.
What's a assistant? Whatever works, my man. Nice to see some regulars here...
We are on the Most Active List today !!! Lol. In the next 2 months, we'll be fighting for the #1 spot. Tune in.
Fresh PR today: Reality Racing's President, Lee F. Schaefer, stated, "This past week has been extremely exciting for us at Reality Racing (RRGI). Between the thousands of applications we've received from contestant hopefuls, the offering of our Platinum sponsorship package, the successful execution of our 4:1 forward split, and now the transition into a new ticker symbol (RRGI), we couldn't be more optimistic about the future success of our show.
The excitement is building as the deadline for entry ends tomorrow and likely 20 thousand or more hopefuls have sent in their entries for this major television event. Now, wait for the announcement of the actual schedules and the name of the network who'll be lucky to carry this show. Tune in....
http://biz.yahoo.com/prnews/060921/dath020.html?.v=76
"More Than 15,000 Contestant Applications Received By Reality Racing, Inc. Prior to Today's 4:1 Forward Stock Split Deadline"
That's 1-5-0-0-0 as in 15 thousand + hopefuls as of the 15th and likely receive thousands more this week as the dealline looms at the end of this week-- as in TOMORROW!
That reminds me of the number of hopefuls for the American Idol show.. This one's really gonna take off. The idea is incredible and I've picked up more this week as I sold other stocks and moved to RRGI.
BOCA RATON, Fla., Sept. 15 /PRNewswire-FirstCall/ -- Reality Racing,
Inc. (OTC Pink Sheets: RRCG) President Lee F. Schaefer announced today that
more than 15,000 racing fans have applied to be contestants on Reality
Racing - The Rookie Challenge. Although amateur hopefuls were told to
submit their applications to the Reality Racing office by 5:00 PM EDT on
September 22, 2006, the enormous number of applications that have already
been submitted demonstrates an overwhelming demand for Reality Racing - The
Rookie Challenge, an innovative reality TV show that places fifteen hopeful
male and female contestants in the driver's seat as they race to compete
for national media exposure, a cash award, a gold championship ring and the
opportunity to drive professionally in a NASCAR-sanctioned race.
Reality Racing President Lee F. Schaefer said, "Our new reality show
has caused an incredible buzz among investors, sponsors and fans. With
today [September 15, 2006] being the last qualifying day to purchase shares
prior to our 4:1 forward split on Monday [September 18, 2006], the
enthusiasm is spreading throughout the country, and it's simply amazing to
see how many people have already hopped on board with Reality Racing to get
in on the action.
"In addition to the buzz caused by the fact that today is the last day
to purchase shares before Monday's 4:1 forward split, the news that we've
received such an unexpectedly high volume of applications over a week
before the deadline is just further evidence that we are well on our way to
achieving overwhelming success with Reality Racing - The Rookie Challenge."
Reality Racing - The Rookie Challenge promises to be an action-packed
13- week TV series and is scheduled to air in 2007. Contestants will be
mentored and judged along the way by Nextel Cup(R) Series and NASCAR(R)
legends like Bobby and Donny Allison, Cale Yarborough, Rusty Wallace and
Junior Johnson. The winner of the show will receive national media
exposure, a cash award, a gold championship ring and the opportunity to
drive professionally in a NASCAR-sanctioned race."
Further information can be obtained by viewing the Reality Racing
website at http://www.realityracingtv.com .
09/22/06 is the DEADLINE for Reality Racing-- the Rookie Challenge!! That's tomorrow! And "More Than 15,000 Contestant Applications Received By Reality Racing, Inc. Prior to Today's 4:1 Forward Stock Split Deadline"
BOCA RATON, Fla., Sept. 15 /PRNewswire-FirstCall/ -- Reality Racing,
Inc. (OTC Pink Sheets: RRCG) President Lee F. Schaefer announced today that
more than 15,000 racing fans have applied to be contestants on Reality
Racing - The Rookie Challenge. Although amateur hopefuls were told to
submit their applications to the Reality Racing office by 5:00 PM EDT on
September 22, 2006, the enormous number of applications that have already
been submitted demonstrates an overwhelming demand for Reality Racing - The
Rookie Challenge, an innovative reality TV show that places fifteen hopeful
male and female contestants in the driver's seat as they race to compete
for national media exposure, a cash award, a gold championship ring and the
opportunity to drive professionally in a NASCAR-sanctioned race.
Reality Racing President Lee F. Schaefer said, "Our new reality show
has caused an incredible buzz among investors, sponsors and fans. With
today [September 15, 2006] being the last qualifying day to purchase shares
prior to our 4:1 forward split on Monday [September 18, 2006], the
enthusiasm is spreading throughout the country, and it's simply amazing to
see how many people have already hopped on board with Reality Racing to get
in on the action.
"In addition to the buzz caused by the fact that today is the last day
to purchase shares before Monday's 4:1 forward split, the news that we've
received such an unexpectedly high volume of applications over a week
before the deadline is just further evidence that we are well on our way to
achieving overwhelming success with Reality Racing - The Rookie Challenge."
Reality Racing - The Rookie Challenge promises to be an action-packed
13- week TV series and is scheduled to air in 2007. Contestants will be
mentored and judged along the way by Nextel Cup(R) Series and NASCAR(R)
legends like Bobby and Donny Allison, Cale Yarborough, Rusty Wallace and
Junior Johnson. The winner of the show will receive national media
exposure, a cash award, a gold championship ring and the opportunity to
drive professionally in a NASCAR-sanctioned race."
Further information can be obtained by viewing the Reality Racing
website at http://www.realityracingtv.com .
Exactly, daytraderrz. I also have been very impressive with Gabe's responsiveness. That certainly raises my confidence in the company.
The Rookie Challenge! It's nice to see something new will be coming to their website. By the way, is there anyway I can pursuade you to drop the caps! Thanks.
Market Makers or those who make the bids and asks even when there are no real buyers and sellers.
Per Gabe Sandler, the split will occur after the close today.
MMs are shaking the tree a bit today for the traders who are a bit confused about this.
(PR NEWSWIRE) More Than 15,000 Contestant Applications Received By Reality Raci
More Than 15,000 Contestant Applications Received By Reality Racing, Inc. Prior
BOCA RATON, Fla., Sept. 15 /PRNewswire-FirstCall/ -- Reality Racing, Inc.
(OTC Pink Sheets: RRCG) President Lee F. Schaefer announced today that more
than 15,000 racing fans have applied to be contestants on Reality Racing - The
Rookie Challenge. Although amateur hopefuls were told to submit their
applications to the Reality Racing office by 5:00 PM EDT on September 22,
2006, the enormous number of applications that have already been submitted
demonstrates an overwhelming demand for Reality Racing - The Rookie Challenge,
an innovative reality TV show that places fifteen hopeful male and female
contestants in the driver's seat as they race to compete for national media
exposure, a cash award, a gold championship ring and the opportunity to drive
professionally in a NASCAR-sanctioned race.
Reality Racing President Lee F. Schaefer said, "Our new reality show has
caused an incredible buzz among investors, sponsors and fans. With today
[September 15, 2006] being the last qualifying day to purchase shares prior to
our 4:1 forward split on Monday [September 18, 2006], the enthusiasm is
spreading throughout the country, and it's simply amazing to see how many
people have already hopped on board with Reality Racing to get in on the
action.
"In addition to the buzz caused by the fact that today is the last day to
purchase shares before Monday's 4:1 forward split, the news that we've
received such an unexpectedly high volume of applications over a week before
the deadline is just further evidence that we are well on our way to achieving
overwhelming success with Reality Racing - The Rookie Challenge."
Reality Racing - The Rookie Challenge promises to be an action-packed 13-
week TV series and is scheduled to air in 2007. Contestants will be mentored
and judged along the way by Nextel Cup(R) Series and NASCAR(R) legends like
Bobby and Donny Allison, Cale Yarborough, Rusty Wallace and Junior Johnson.
The winner of the show will receive national media exposure, a cash award, a
gold championship ring and the opportunity to drive professionally in a
NASCAR-sanctioned race."
Further information can be obtained by viewing the Reality Racing website
at http://www.realityracingtv.com .
Safe Harbor
Forward-looking statements made in this release are made pursuant to the
"safe harbor" provision of the Private Securities Litigation Reform Act of
1995. Forward-looking statements made by Reality Racing, Inc. are not a
guarantee of future performance. This news release includes forward-looking
statements, including with respect to the future level of business for the
parties. These statements are necessarily subject to risk and uncertainty.
Actual results could differ materially from those projected in these forward-
looking statements as a result of certain risk factors that could cause
results to differ materially from estimated results. Management cautions that
all statements as to future results of operations are necessarily subject to
risks, uncertainties and events that may be beyond the control of Reality
Racing, Inc. and no assurance can be given that such results will be achieved.
Potential risks and uncertainties include, but are not limited to, the ability
to procure, properly price, retain and successfully complete projects, and
changes in products and competition.
For investor relations information, contact:
Gabe Sandler
Sandler Communications, Inc.
Phone: 866-772-0118
Email: info@sandlercommunications.com
SOURCE Reality Racing, Inc.
Contact Information:
Gabe Sandler of Sandler Communications, Inc., +1-866-772-0118, or info@sandlerco
WebSite:
http://www.realityracingtv.com
*** end of story ***
No, I've not spoken to him regarding how they're going to fight it but I hope they have some investors buy up all the stocks...that'll do it. And, yes, of course, the shorts will have to buy up 4x as much... the pay back time, when it comes, will be bloody. I'd say, at this point, it's the short players and mms who are buying and selling to each other now...
Hey mrktman. You are being cautious as you should be. Sure looks like players in this stock are trying to test the waters to see support and resistance. If we close at hod today, that would be their own signal to cover/buy. Forward split is this coming monday. Interesting to see what happens to pps. Typically, reverse splits are bad and forward better.