Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.
Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.
That is a big if. Considering that my .0003 sell order has been up for almost 3 full weeks and haven't had even a partial fill I am not too worried about 'missing out.'
I don't have any more funds I would want to put into this at this moment.
My position here is at just over .05. IMO, for those in my position it is not smart to sell down here.
If we see a spike back up near my break even I will probably sell so I can reenter at a lower position, unless that spike is caused by uplisting. If financials are released, and they are positive and clean, these prices are history and I am back in the green. Besides uplisting, any spike above .04 and I will sell for a small loss so I can buy back in the .02s. Risky game, I know, but that is what I get for impatiently taking a position in the .05s.
Do any of those scenarios explain the Form T's we have been seeing recently?
Apparently they have hired an accounting firm a few months ago to get their financials in order, with the ulitmate goal of having them uplisted to the OTCQB and fully reporting status.
IMO, folks should start digging there. Which firm did they hire? When was this announced?
I believe it takes a few months to get this handled, so we should be looking at filings and uplisting in the near future if things are on schedule. If Q1 ends and PCFG is still on pinks I will be incredibly concerned and looking for the nearest exit.
Additionally, it should not be very hard to uplist. TA*N did it the other day and they have a crummy reputation and ugly filings. IMO, if PCFG is taking this long for filings it is so they can dilute before hand or they have something to hide.
Any insight is much appreciated.
Unfortunately this is the most likely possibility. Doesn't make a whole lot of sense though because they had opportunities to sell at much higher PPS a month or two ago.
Until they start reporting their financials, nobody will know for sure.
It's hit .0003 a number of times in the last few weeks, and when the PPS is at .0002 the ask is at .0003. With the SS on this thing, it will never go anywhere as long as everyone is buying and selling on the bid.
I don't pay too much attention to activity outside trading hours, but IMO there had to be some heavy shorting going on this afternoon to close even. Would love to see the numbers.
Been trying to sell this stock at .0003 for weeks now and not even partial fills.
SAEI doesn't own anything. Good luck with that video feed.
I like the chart as well, looking for an entry point. Thanks for the call!
Whether or not the property contains gold is irrelevant because SAEI does not own the property.
Do you think the bottom is in yet?
Your money tied up in SAEI will be worth less and less as the days go on. As volume dries up, the PPS will start sinking more and more each day. You should treat the volume as an opportunity to get at least something for your shares. Once it is gone, there will be no buyers for your shares, and regardless of the PPS your shares will be worth nothing at all because no one will pay anything for them.
Then again there is that 0.0000000000000000000000000001% chance of SAEI being exonerated by the SEC and it goes "to da moon" but that will not happen for months. Your odds of winning the powerball are better.
"Just watch n learn."
You said that 2 weeks ago, and it didn't happen. But you are free to fanatsize as you wish.
As I said, I will watch, and hopefully you will learn. Maybe next time you won't knowingly buy into scams. And don't worry, I won't try to give you any 'advise.'
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=59241428
Only 3 cents? Already giving up on your earlier predictions?
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=58826217
It is not my opinion that SAEI claimed they owned mines which they do not own, or that they falsified an NI 43-101 report. For these reasons, the SEC has suspended them. There is no reason whatsoever for a company to participate in fradulent actions like the ones previously stated unless they are running a scam. It is plain and simple, and I'm sorry it is so very difficult for you to see.
Do not blame the DD uncovered on this company for the drop in the PPS. The SEC will not say anything, one way or the other, about SAEI until their investigation is concluded. If you need the SEC to tell you this is a scam then you are going to learn a valuable lesson from this POS. I truly hope you will recoup your losses in other places.
I think the DD is one sided because there are no facts to support SAEI being a legitimate company. However, there are tons of facts to support them being a scam.
SEC doesn't need to tell anybody anything, nor will they. Furthermore, you have not addressed my challenge to you, by providing a single example of a wrongful suspension by the SEC on a pinksheet stock. That is your assignment, and if you want the DD to be less one-sided then you should follow through with that. Good luck and godspeed.
could have been to protect SAEI PPS until they get strait with SEC
Wow, that is hilarious!!
Show me one example where the SEC has wrongfully suspended a pinksheet stock, or suspended a stock "to protect their PPS." Just one example will do, I guarantee you will not find one.
Because only scams..
falsify NI 43-101 reports,
lie to investors on a regular basis,
get suspended by the SEC,
file false PRs with illegitimate buyout offers,
go from fractions of a penny to nearly a dollar and back down again,
get delisted to grey sheets for fraud.
Finally, scams typically have a 'man behind the curtain,' where real companies aren't scared to reveal who their CEO is. Why anybody would ever purchase stock in a company where they have absolutely no idea who is running it is beyond me.
I had been holding my ICOA shares for around 2 months and decided this position is not for me, and I do wish you all the best of luck.
I would appreicate it if people would not give me grief over my decision, it's incredibly unprofessional and degrades the image of the group of ihub ICOA shareholders. I was only updating scotyler100 that I no longer own the shares I told him I own, merely as a courtesy. I am only asking to have that courtesy returned.
GLTA
Happily sold my 250k shares at .0005 yesterday.
GLTA here at ICOA.
You know what is not a good sign?
Falsifying an NI 43-101 report.
Lying in press releases.
Being suspended by the SEC.
Delisting to the grey sheets.
Never following through with their own deadlines.
Not communicating with investors.
Ties to well known scammers.
But yeah, since there are people on a message board with negative posts towards a blatant scam, you're right we should all throw as much money at this one as we can. (SARCASM)
You are simply begging for your money to disappear, "Just watch n' learn."
The only "BIG BIG explosion" we see coming is concerning a bag with your money in it. When it explodes, you will be left with nothing.
"Just watch n learn"
I am not interested in bothering them with my questions. They will not give me any pointed information because that is called insider trading. Whatever I can learn from them I can learn from reading the filings. It is pointless to call their office. I am not lazy, I am at my job and have work to do.
I am very confident in my investment in LOCN without speaking with anybody at Heskett's office on the phone. Additionally, the fact that you called and spoke with someone means absolutely nothing to me, and probably to most others here, because I know for a fact that they did not tell you anything that I do not already know. You can allude differently, but again, I do not care in the least.
Enjoy your day at the mountain.
Has gold's 'heroic seller' gone away?
By Peter Brimelow
Jan 27, 2011 00:01:25 (ET)
NEW YORK (MarketWatch) -- Gold has taken a hammering in 2011 so far. But the gold bugs think that may end soon -- maybe beginning with the recent rebound.
There is a school of thought that believes very short-term action in the gold shares has predictive power in the immediate future for gold itself. So Wednesday's action in gold shares really got that community's attention.
Gold, as represented by the CME February contract, was down $8 in mid-morning. But gold shares were decisively up. With gold's subsequent recovery -- it ended the floor session up 70 cents -- gold shares surged.
In the electronic after-market, gold leapt over $10. Gold shares exploded. Arca Gold Bugs (HUI ) closed up 3.73%. It appears to have broken a downtrend in place since late December.
Could this mean the end to gold's dismal experience in January so far? At Tuesday night's close -- the low for the year so far -- the February contract was down $89.10 or 6.3%, reportedly the worst opening to the year since 1997.
JSMineset's Dan Norcini sees a chance: He remarked this evening that "bulls have to be encouraged by the day's action, as the technical indicators are so deeply oversold on the [Arca Gold Bugs] HUI that any signs of stability will turn them to issuing buy signals rather quickly. If nothing else, it will force the bears, who have made some pretty good profits on the way down, to snatch them before they disappear."
So too does the proprietor of the website Jesse's CafÃĩ Americain. On Tuesday evening, he noted: "This intermediate gold top and correction bears a striking resemblance to the May-August 2010 top and correction just prior to gold's amazing break-out rally."
And, acidly, he added on Wednesday evening: "Nice bounce off a deeply oversold condition, as we noted yesterday."
"And of course, today was the anticipated option expiration on the Comex. How unusual," he said.
(The group I call "radical gold bugs" have long maintained that gold is openly manipulated by the official sector and its chosen instruments around the U.S. option expiry dates. )
A recovery in gold would be particularly welcome to the radical gold bugs mustered behind Bill Murphy at LeMetropoleCafe. As I reported recently, the weight they place on the meaning of high premiums for gold in key Eastern markets caused them to be confident of a quick recovery from gold's year-opening plunge. ()
But as the month wore on, gold slumped further, premiums went up more, and these bugs began muttering about an abnormal seller being in the market.
This week's news suggests they might have been right. On Tuesday the CME announced a staggering 81,752-lot (14.1%) plunge on the number of gold contracts outstanding ("open interest") following Monday's trading.
Added to this, SPDR Gold Trust (GLD, Trade ) has disclosed a record drop in stated gold holdings. Someone appears to have disposed of a lot of gold.
LeMetropoleCafe said on Wednesday evening: "Clearly some huge transfer of gold ownership has occurred, and the fact that it has been allowed to become public probably means the transaction is complete. ... If it is complete, then, in the absence of another heroic seller, a sharp rise in gold seems very probable."
We need a bounce soon, that 16 did not hold well at all.
16 mil volume so far, would love to see PPS spike next!
TRDY has a habit of taking a strong early dip on a daily basis. IMO it will close green today, strong buying opportunity for dedicated longs right now.
I don't understand. How is that line manipulated? Can you explain?
LOCN 3 1/2 month daily candlesticks
Chart shows no dumping by anyone. RSI indicated overbought during initial run and the PPS slowly corrected itself to the .02 range. Bounce today off 200 day SMA. Looking to hold levels above the 20 day SMA tomorrow and through the week.
ALL IMO, I am very new to chart analysis and welcome all other opinions, viewpoints and corrections. GO LOCN!
We all knew the potential of this thing to fly on just a little MOMO. Today proves it.
Let's see if we can hold these levels through the week.
Because of the outrageous O/S. This will never see hold higher than .001 for more than a few minutes without share reduction.
Welcome aboard! IMO, your investment will pay off in due time. LOCN is an amazing play for the patient.
They would have to crunch the forecasted numbers on increase in churn ratio to increase in revenue due to higher sub fees. If a certain amount of people cancel due to the higher fees, it would offset the increase in revenues. As a SIRI subscriber and shareholder I wouldn't cancel and would be happy to pay an extra dollar or two as well, but that is just me.
Because its not "currently producing" as much as it is testing facilities and capabilities.
Additionally, they need to become current with their financials before any kind of production can take hold. Announcing production before uplisting is like putting the cart in front of the horse and is not in anyone's best interest.
Seems like there are a few holes in the PR, no pun intended.
saei won't put up their video until the SEC completes the tweaking of the saei filings so they are up to code.
What a bogus statement. The SEC isn't "tweaking" their filings so they are up to code, they are investigating the company for fraud.
saei doesn't want the competition to get wind of the billions of gold under their properties...
SAEI not only doesn't have any competition, but they don't own any properties, so this is entirely irreleveant.
That 2.50 offer will be cheap
Absolutely amazing you still believe in these buyout offers. Hey listen, if you are interested, I have controlling ownership of the Brooklyn Bridge, and I'd be willing to sell it to you for a few hundred bucks, what do you say?