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I agree with your assessment Lucky, smart move. But, there might be some more buying opportunities tomorrow as well. We can write off any PR this week IMO. AAGH rarely releases one on Thursday or Friday. But if you don't get any shares tomorrow, I think that will be your last chance for awhile. On Friday, everyone will be loading up on shares with the expectation of a big PR on Monday as well as the rest of the week leading up to the WWTBAM broadcast. Ten more days until WWTBAM!!!!!
We're so close to the close, you should wait until tomorrow morning to see if the panic selling continues. It might be a better entry point.
Looks like Media got his retrace...just like he called it. Back up the truck, suckers are selling! Everybody put in your limit orders, and I hope you get your dream price!!!
Well this article says all the Asian markets soared after the Fed rate cut with the exception of China's Shanghai Composite. So, it appears they are still reeling from the typhoon and their market is not up to speed yet. Maybe another day or so and things will be back to normal.
http://www.marketwatch.com/news/story/asia-stocks-soar-fed-rate/story.aspx?guid=%7BAA735AA6%2DF3DB%2...
Does anyone know if the Taipei market was open today? 5by5, any insight?
Someone used the wrong link. Here's a better one that shows the chinese stock market in Taipei was closed yesterday. Lucky has been speculating that we are getting investors from the PRC buying this stock through US brokers. Here's the link on typhoon Wipha's affect on the market there:
http://www.forbes.com/markets/feeds/afx/2007/09/17/afx4126855.html
Great info on the typhoon factor and its probable affect on the stock. That makes more sense than my Fed scenario for the drop in volume. Looks like it might pose a buying opportunity for us if the share price drops significantly over the next few days. We might be able to add more cheap shares before the buying pressure returns later in the week. Once again, nice find guys!
Well we're definitely forming a nice base for the next launch. We've held in the .28-.30 range for the past three days. Eleven more days to WWTBAM!
Media, my theory for AAGH's low volume today is the Fed meeting. There are alot of stocks that will shoot up depending on the Fed decision and those are drawing attention away from AAGH. My guess is that a 25 basis points drop is already baked into the market and many are hoping for a 50 basis points drop. If we only get a 25 basis point drop, the Dow will probably react negatively and go down. If so, money will flow back into relatively safe short-term bets like AAGH. We'll see.
arca was selling at .294 until it dropped to .290
arca is back.
I'm with you checkmate. I'd make a tidy sum exiting now as well. However, my logical side tells me to stay with it. There is just too much upside and very little risk now. We've got BIGGGGGG PROFITS in the bag that will make these current stock prices look cheap. Also, we have tremendous potential for more upside with additional news like other tv shows or Olympic deals a possibility. I'm all in for now.
I'll never knock anyone for taking profits, but in my opinion they'll be kicking themselves in a couple weeks when they see how high this sucker went!!! This high volume coupled with a slow, steady rise in share price over the past few weeks tells all; it isn't dumb money making an entry.
You da man, Media! All makes sense to me. And, with almost 200k late trades of .30 after the close today, we are in good shape to push through .30 in the morning even without a PR in my opinion. GLTA.
You're right 5by5. People are still trading this stock like it's a speculative play when we've got huge profits in the bag. I don't get it. Oh well, if we don't go into the stratosphere in the next few weeks, we sure will when the quarterly comes out! IMHO
Mediascan-
It'll be interesting to see if we can blow through the .30s tomorrow morning since we always have heavy volume then. Once we pass it, we'll shoot up fast from there, IMO. What's your thoughts?
Doesn't look like any panic selling to me; just some getting out after nice profits and others starting new positions. Looks more like a transition period at this level. Either way, impressive volume for the day and I agree this thing will start drifting upwards for the close.
Expect a bit of a rally in the last hour, IMO. Like it or not, we're addicted to PRs and everyone will pile back in prior to the close in case we get one tomorrow.
As a MM, ARCA isn't a major player for AAGH. They only traded 47,500 shares for August 2007. Check out this link:
http://www.otcbb.com/asp/tradeact_mv.asp?SearchBy=issue&SortBy=volume&Issue=AAGH&Month=8...
Looks like we're testing .30 again.
Either way, you nailed that .28 prediction!!!
SOMETHING must be brewing for Monday. Where did all that afternoon volume come from????
THAT WAS AN IMPRESSIVE RALLY!
Looks like you're going to get your .28
Looks like a lot of smart people are loading up for Monday.
Thanks Copley! Good Luck to you as well.
But I still think you are missing out.
You're right! Look at it go!
Don't make that mistake a second time!
IMO, this one still has plenty of room to run in the next two weeks and beyond!
Not much resistance up to .26. After that, we hit .29 easy. Monday should be fun! GLTA
Any bets on another 10 day rally starting Monday?
That .24 resistance fell pretty easily 5by5. I guess they got flushed!
We're definitely chewing through .24 on Level II
I'm here 5by5!
Let me lay out something we can chew on.
Now that WWTBAM is a done deal and AAGH now has a new and significant revenue stream secured, we all know the value of this stock is worth much, much more than it was in the past (or currently is IMO).
Earlier in the week on Wednesday, we got a PR confirming the number of AAGH shares on the market. Why did they do that? Because they know shareholders can't pin down the NEW fair market value for this stock until we know several things:
1) number of AAGH shares on the market (known)
2) revenue for existing AAGH business (known)
3) AAGH's cut of the WWTBAM ad revenue (known)
4) number of WWTBAM shows per year (known)
5) amount of ad time per WWTBAM show
6) price of ad time for WWTBAM show
Once we know all the above factors, we'll easily be able to make a fair estimate of this stocks' current value. Some have made conservative estimates of .50 while others have pegged it at $1-3. I haven't decided where I fall. However, I can't discount the possibility that AAGH could secure additional shows from 2way traffic or develop some Olympic deal as has been discussed and speculated on this board. It would make sense that AAGH will get other TV deals in China now that they have shown they can deliver. Adding an additional show would of course put the share price even higher.
So will they hold us in suspense on ad revenue until the next quarterly report? Or will they continue to check off the above list prior to the broadcast of the first WWTBAM show on September 29th? We'll know within a short two weeks.
What's your thoughts?
You might as well if you have the extra cash Lucky. I'd be buying more if I wasn't fully invested. We've both been following this one long enough to know that we'll probably see a double or more from here in the short-term. Either by the end of this month or surely by the next quarterly report. Good Luck To Us All!
I like this new baseline forming in the .20s.
This stock has nothing but positive momentum going forward. Price will continue to climb as we get closer to the broadcast date, IMO. This steady climb will wear down those waiting on the sidelines for a lower buy-in price as they realize they will miss the train if they wait any longer.
Nice recovery. We're back to .22.
Wow, quite the spread between the "haves" and "have nots." Bid is at .201 and Ask is at .219!
Déjà vu... We're set up like last Wednesday when we hit new highs on Thursday! GLTA.
WOW! Nice close at .22
It's tough to predict if we'll have any major drop from this point forward. If you can afford it, just buy on the inevitable dips and average down. Ad revenue news could come at any minute and you would be left out of most of the run if you sold now. We can probably anticipate more positive PR news in the next two weeks leading up to September 29th, IMO.