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I do respectfully disagree. There is simply no demand, hence the price doesn't rise.
Today was a relatively large volume day for this stock, but still less than 1% of the outstanding shares
were traded. That is paltry. Stocks with decent liquidity trade 6-15% of their outstanding shares on
an average day. Fact is, very few investors are interested or even know about this company.
Indubitably. But the fact remains that today's spike occurred
shortly after the Seeking Alpha article broke.
I don't think the Seeking Alpha article can be discounted. Every recent
price move, up or down, has coincided with one of their posts.
Your concerns seem valid to me and are likely shared by most real
shareholders." Very near future" does not mean 6 to 7 months or
"sometime this year" by any rational person's definition. Trust me, those jumping
in to quickly dismiss or alleviate your legitimate concerns are not shareholders.
They work to manipulate the stock, plain and simple.
It no longer has revenues of 100 million, having just sold it's revenue maker, Safety & Ecology
corporation. This stock isn't going anywhere. Volume will completely dry up next week.
They didn't by shares, they bought S&E for cash.
They sold the only company that was worth anything and really didn't get much for it.
It will close back in the .02s
Holding for what? Today was the day to sell. S&E was their only revenue maker, now they have nothing. The 22 million is already gone, to cover debt. It went up because suckers were bombed with
hype by pennystock sites.
Yeah. running down the drain. You been punk*d!
The r/m hype was a hoax. This is worthless garbage.
because it's worthless junk?
If $17.50 worth of stock can drop the share price 50%, I'd say there is very little interest in the stock.
Whatever hype there was appears to have burned out.
Yeah, never sold them, wasn't worth it. Almost dumped them at the end of last year, but dumped another loser instead. I need .035 to break even. Definitely not counting on it, but, if there's any truth
to this reverse merger talk, it could happen. My gut feeling is that it was just a pump and dump scheme by a few who managed to accumulate a lot of shares much lower. Volume is drying up,
won't be surprised if this go's back into hibernation.
Execute Sports was a water sports apparel company.
They inked a deal with kawasaki in 2007, which is when i bought my shares.
Nothing ever came of the deal and the company folded, as far as I know.
EXCS is now a shell company.
Some feel it is an attractive shell, due to the relatively low share count.
It has been rumored on this and other sites that a reverse merger is imminent.
That's about all I know.
He probably accumulated a lot of shares at a much lower price
and was selling them off while hyping the "rumored" reverse merger
here over the past few weeks. He sold his shares and won't be back.
I doubt it's going much higher on just a rumor. If nothing concrete materializes in the next week or so it will drop back to previous levels quickly. The hype can only sustain interest for so long before people realize it was just a rumor and move on.
It's running out of gas, I'm ready to start dumping while the dumping's good
That story about the "fat finger" sale doesn't add up. He claims to have bought 30,000 shares at .0088( $264) and he wanted to sell at .01 ($300). He's either full of crap or a complete imbecile.
Perhaps all of this reverse merger talk is just a hoax and the perpetrators are cashing out?
If by "good week" you mean a return to the .015- .02 range, than you are likely to be correct.
Do this one again. Take it higher this time
News? c'mon, there hasn't been any news here in over 2 years
You're both assuming McMillan and Co. give a rat's ass about their shareholders.
Somebody said it, but that don't make it true
Pump it again!!!!!!!! Is that possible? Please
What's there to talk about? The Pump and dump is over. This will barely trade for the next 6 months
well, he did say "in a couple of days". If you ask me, he's probably right. Pump and dump. No reason to believe otherwise
Next week volume will return to normal, under 20,000 shares per day
I agree. It's never going to happen in the US for this small company, politics being what they are. Move operations somewhere
that is eager to advance the science. If they have success, big pharma will buy them out and FDA approval will come easily.
FDA will stall them eternally until they have big money behind them.
No big deal
I think the financiers (Dutchess) use these news items as an
opportunity to dump shares, and therefore the stock does not
keep natural momentum. This company is a long way from
being out of debt. I'm hoping for a pump above .04, however
unlikely that may be, so I can dump this at break-even.