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good news today - I think we won't see the price climb until this afternoon. Morning trading is for beginners, while afternoon is for professionals. I think once this will give deeper pockets more confidence in the company and that they are not just diluting shares.
man - it's a difficult call. Some boards complain about too much information, while others complain about not enough. I'm on one board where we get info almost everyday and people still complain about too little info - I think "man, they should check out CIVX or EVSF?" Bryan seems genuine to me, that's what I have to go on and I'm sure, like everything, it takes longer than he expected it to. I'm not discouraged...only wish I had more free cash to scoop up EVSF @ .25! That's just me though. I will try to call Bryan personally next week on Monday when I get back in town...he's told us to call - so we all probably should.
I, for one, value opinions that increase knowledge and discussion of the stock. These can be both negative and positive. I value everyones insights to the board, but fundamentally I disagree with several points of various e-mails. Everyone has different risk tolerances and if an individuals risk tolerance is not suited for PK stocks, then maybe that person should stick to big board trading or other forms of investing. Because individuals have higher risk tolerances and are not concerned that we are updated daily on outstanding shares, that doesn't make us kool-aid drinkers. I'm not suggesting I'm smarter than anyone here - I'm suggesting it's not a matter of intelligence, but rather risk tolerance and a varying understanding of expectations from a PK stock. I'm not personally attacking anyone, but I'm saying some level of cloudiness exists for PK stocks - and PK stock investors need to know that. I do believe Garr is transparent with share structure and direction with his Board of Directors, who are there to represent the best interest of the stock holders. I do NOT believe he has to jump through every hoop for every stock holder, when 1 million shares represents that you own $600.00 in the company - I don't think that buys much clout.
Some people have had difficulty interpreting e-mails or maybe there HAS been incorrect information posted on this board. I don't know everything. BUT, I do believe that if a small percentage of the items that EFGO has posted on PUBLIC statements does come true, than this company's PROFITS will grow to very high levels. If people don't have faith in personal communications on this board, than please, just look at the PR's to gauge the potential of this company. These statements have specifics about companies purchased, agreements reached, new product launches, etc. Please do your own DD about EFGO.
Some weeks I have high gains and some weeks I have high losses. On the weeks I lose a lot, it's easy for me to think someone's manipulating the market. However, usually it's because I let my emotions get involved or I have to admit that I just judged the market wrong. It's easy for us to turn on each other here - but let's be patient. EFGO is what it is. If you feel that it's value is less than .0005 or .0006 today than I suggest you sell your stock. If you think it's value is greater than that, then I suggest you stay around and wait for the market to reflect it. That is how decisions are made every day. Microsoft is trading @ 29.72 right now. Throughout the world people who think it's worth more than that are buying it and people who think it's worth less are selling it...again - do your own DD on EFGO. I'm here - and I think it's worth more than .0006 - way more. But I have to be true to my own DD. thanks for letting me reflect on EFGO.
I was going to say - my stomach dropped some when I first read your post and then I was like - "NAhhh...it's just sarcasm..." Kinda shocked me @ first...e-mail is so tricky to interpret humor on.
KaiserSose - should know the L2's...he's a well connected Turkish mafia ringleader...that no one knows what he looks like...
:)
fine - everyone sell for .0004 and I'll scoop them up nicely. Let's be serious since we're ALL TALKING TRUTHFULLY HERE. How many people are frustrated by the share price, so they post a DISGUSTED post full of gloom & Doom because they just sold @.0005 hoping their post drives the price down to .0004 so they can scoop up the shares for a 25% profit because they're frustrated with the recent dip and just want to see some gain. I'm not buying gloom and doom posts. Let's stop freaking out over the O/S?? If there is shares that have been exchanged, then they are restricted for a long time @ a price much higher than .0007 - so why would anyone sell @ .0005?? This happens every once in a while and the company is still undervalued in my opinion. Let's chill out, stop the fluctuations and ride this joker to pennies.
I agree - and EFGO has been VERY transparent that most of the shares they are issuing now are for VERY HIGH Margin growth opportunities with restricted shares that are @ a much higher price than our current price and that don't become available to exercise for SEVERAL more years. People - I know we are in PK land - but as soon as you see more O/S - you can't freak out - you have to ask is it just dumping, or are we getting something better. With the acquisitions we are making, if this were a NYSE stock - our price would jump...but because of kneee-jerk reactions, sometimes people just sell out of principle. EFGO is a much stronger company than it was 6 months ago. Just think where it will be in another 6 months. Leadership is making good acquisitions decisions.
EFGO news is on Yahoo, TD Ameritrade, etc. now - not just pinksheets - let's see what happens.
I just picked up 2,500 more shares today - seems like volume is starting to pick up again.
no much action here today. I picked up a few (533 shares) this moring - does anyone want to sell me a couple thousand more? :)
I was hoping it would pick up after lunch, but no such luck - I guess everyone is waiting on a PR.
ya - I figured that out - my L2 where showin' something quirky...I guess I was looking @ trends or something and it was categorizing earlier this morning as a sell-off down to .0005, but it quickly rebounded after that...I guess I didn't understand what I was looking at. but now I do.
message deleted: I got my own answer....
ya - I just bought some more too - trying to get my holdings to a good level before blast off! 2500 went through - I'm waiting on another 2500 - so we'll see what happens
ya - and it's been a while since we saw solid .0006 sells too - If we can stay above .0006, I'd be okay with less volume...high volume on a sell-off day is no fun. I'd prefer high volume on a Buyback day...
I think it's been referenced in some posts, but it's good to actually have the documentation - thanks BJT!!
Is it really true that you have to wildest kids in the reasearch triangle area? :)
ya - it's rumor - a lot of "noise" about how they would have tried to buy it out @ .0005, but not now...yada yada yada...
there has been a lot of sells today and it's stayed pretty level - it makes me wonder if there isn't some dilution going on...just my thoughts on EFGO - I'm not sure why there would be...not like we need the money, but it's behaving that way.
We haven't talked in a while - call me sometime tonight or tomorrow and we'll catch up on stock...
really - that's stupid - do you have to pay a broker fee everytime if you wanted 5 million shares - so you'd have to pay 5 broker fees??
It's his new alias after he turned 32 yesterday - well on the path to his impending crucifixion this next year. CD3 - quite the Christ-like figure. btw, I hear you are planning on coming to Flo-town for the WC Handy festival - we're trying to do the same thing - so maybe we can hang-out during that time...
Kip Dynamite...aka Coopdogg3
ya - color coordination news - every company I've ever worked for has gone through "brand recognition" - not sure what it adds to the company, but managers sure seem to like it...
not many - this is a really boring day...something must be happening...it should be an interesting week.
talk about low volume?? What's the story?
things have been pretty slow around here - I'm just holding and waiting for something to happen soon - some big news. Looks like RGNO might do something, I thought it might shoot last week, but we're always (historically) early @ predicting those jumps.
I had project managment training today and again tomorrow, so I'll be out of pocket until Friday, but it's been a good week so far for me...hope everyone is doing well and trading well. Let me.
DCD
Prayers with you MNM - I pray this blood infection reverses course immediately and you recover quickly...
ya - I bought 4.1 million shares @ .0005 today - I kinda wish I had held out to .0004, but what are you going to do?
ya - stay the course...you'll end up on top.
I forgot - it appears that EVSF had some action today, in case any of you guys are in it. I think some holds on trading were removed and the spread should be coming down soon as well. I expect Brian, CEO, to PR soon. Something to keep an eye on.
there hasn't been much posted here in a while - I think we're all pretty much in the same stocks and just watching, waiting for jumps. Just thought I'd say hi and see if anyone had any upcoming plays or posts of interest. btw, would love to have another board meeting soon...I miss you guys.
:)
Let's get it on - time for the market to open! Happy trading today everyone!
From Cookeville, TN
it's a good idea, but we're not a major company - we're still a small fish in a big sea. That's okay, because there are lots of opportunity to grow. I think once we show some good profits, rather than "expected profits" we'll really take off. That's why many of us here are here for the long-haul. Some might sell some shares, but I think everyone is keeping atleast some millions of shares of stock, believing that those shares can be worth millions of dollars in the future. It's a long road - maybe a pipe dream - but it's a good company with lots of potential.
Superman can fly to the moon without a suit...
It's good to hear from you Clams!!
ya - it wouldn't let me buy into RGNO the other day - what's with that?
I have several million shares, but honestly - I'm down about $1,000.00 so I'm not happy about it, but I guess I'll take it as a tax write off - atleast some of it. What else can you do?
You win some - you loose some??!!
They look pretty crappy to me - a lot of debt - about 1 million worth, that I'm sure they are paying with stock I guess, if anyone will take it. Who knows??
I have millions of shares, but it looks to be a long road to climb out of this hole. I think the delisting really hurt this company and I hate that, but what can you do?
This is one of those stocks that you hold in your portfolio and forget about. Maybe one day it'll trade again above .0001, but I'm not holding my breath or expecting it anytime soon. Not trying to be a downer...I'm actually an optomistic guy, but the financials are a pretty stiff wall to climb.
ya- these are definitely the times to buy...when the news hits - it'll be too late.
Ya - I think the lack of volume and the spread are driving a lot of people off - but if you stick around long enough to do you DD - you gotta love this company. Have a good weekend all and here's to a wonderful payout down the road!!
It's kind of a bizarre twist for me to have the stock price this low ... based on their most recent financials and company valuation, I put it @ atleast .001, with future earnings putting it atleast .002, at this point, I have to put it undervalued, which is why I'm buying and holding.
There has been a lot of downward pressure recently, which I've just used as a excuse to pick up cheap shares. I've seen a lot worse companies with a lot higher stock price.
Do your own DD, but I think most here bought in higher than .006 at some point recently and believe it to be worth a lot more. monday, you'll probably have a hard time getting in this low, but I'd say now is the time to buy, especially, based on the news released this week...
I hope that helps.
Ya - can't say I understand what went on today, or this week for that matter. With news like this, I never thought we'd end up @ .0006 at close, but the future does look bright and I have to remind myself - "Hey, I'm here for the long-haul!"
Thanks to everyone for sticking in there and being a part of this with me!!
Go EFGO! Have a good weekend all - and safe-keeping for those investors in the middle east!!
GUYS - We are getting ready for the OLYMPICS in style. One more Gold medal for the US team - in the acquisition of Chinese PayPal...
well, I've got $38.00 left in my account - I guess I could.