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The next 2 weeks are a waste for trading markets since everyone has their eyes on Christmas and New Years. If you are an option seller, there is no better time to sell options that expire very short term as the time element just spins its wheels until the new year arrives. That said, I'd be surprised to see anything more than what we've seen these last few days in EESO. My guess is we don't see much in terms of news since it's likely to fall on deaf ears. I hope I'm wrong and we see a blockbuster news event unfold but I am betting against it.
LOL, enjoy your work day, Chris. We will all be WAITING around for something to happen here.
Alan
GM Chris,
I see the range on that chart is back to what it should be now that a trade went through at .0007. Crap. Our stock is going to put me in a coma today but I guess at least it isn't going down.
Alan
The range on the I-Hub chart above this message goes all the way up to 40 cents right now. Maybe they know something LOL!
I'm good with that, chartman! I think a little help from the company in the form of NEWS would go a long ways toward meeting or exceeding that goal!
Dang it, Chris. You aren't going to make me do push-ups again, are you? I'm still tired from the last time. LOL
I just wish I knew what I did to make ole Marky mad at me. I do like drifter's idea that this is the silence before the storm though!
No, Marky has me on ignore. I have emailed him several times and he has not given me the time of day.
Perhaps I should try blackmail. "I saw what you did, and I know who you are." Now that I think of it, that might make a good tag line for a movie. Hmmm. If I can't make big money in enzymes, maybe I can get something going in Hollywood. Yeah, that's it, Hollywood.
You are right but it will still look good on the charts for all the TA types. Unless of course, they look at the volume which was almost nothing. Damn, we need a butt-kickin' PR. Jared, where are you?
OK. But if that doesn't work, can we just start drinking? It's like 10 freakin' degrees below freakin' zero here. I need some long underwear in a bottle. LOL
Nice job, Chris. That should do the trick.
Are we still expecting news this week? Anyone have a clue what the next big PR is supposed to be about?
Alan
Need someone to slap that .0008 ask pronto. I would volunteer but I am spent. I think I have 51 cents cash in my account! LOL
Dart, this thing seems to go where ever you say it's going to go. I will give you $100 cash if you say it's going to 1 cent and it actually gets there. OK? LOL
Oh man, I can't wait till the EESO party in the Bahamas. You are going to be a hoot! I'm at work and I may have to let my partners know why I am laughing out loud. You may have missed your calling, ErJ!
Thanks, I needed that! LOL
Yep. These boards are a whole lot more fun when we are in rally mode and everyone is posting "WEEEEEEEEEEE", etc.
OT (sort of) Did anyone watch "60 Minutes" last night. They had "experts" on talking about the housing crisis. They said that the sub-prime problem is getting done but we still have 2 more huge problems that will surface in the coming 2 years. He said "Alt A" (I think, not sure what those are) and ARM loans. Taking those into account, we are not even 1/2 way through this debacle. I think that is an argument in favor of buying companies like EESO that will not likely be directly affected as will all the blue chips, mutual funds, and 401k kinda stuff that I am losing my arse on!
NP, pennymaster. I was just reacting to what I see as a total waste of posting effort by someone else. No explanation, no reason, no logic, just a statement of obituary on our stock. I find that sort of thing annoying. I guess I should just let these things slide off my back without comment.
No, my post was sarcasm. I am not selling and I expect to make an enormous sum of money owning this stock. I will just need to wait a little longer than most penny traders are willing to wait. I can afford it and I'm not worried.
Never trade with money you cannot afford to lose. That goes for this stock along with any other stock you can name. We've seen confirmation of that idea this year.
I think that was actually my question as well. You just did a much better job of asking it - LOL!
Crap. I am selling everything I own right now. I thought we were doing OK and getting ready for a great 2009 but then I saw your post. Thanks for that!
I have heard that and considered it. I'd say the jury is still out on that idea. It was suggested Jared wants to wait until after the first of the year to let this run for tax purposes. I will believe it when I see it but even that shows we have an immature CEO that doesn't know how to best treat loyal shareholders. I have put a lot of money into this company for one reason and one reason only. And no, it's not to make the world a better place, although I won't object if that benefit happens along with my goal.
Agreed. There is absolutely nothing productive about hiding info from shareholders. Whether it is about how much money they've made or lost, whether it is about how many widgets they have sold, whatever. It is info that shareholders deserve to know. This whole idea of having 20+ PRs waiting in the wings but holding them for "just the right time" is as hokey as any company can get. If you have news, let's hear it. The market will decide whether it's good or not but holding info forces the market to decide you have something to hide and that is never a good thing.
Dilution, not dilution. It doesn't really matter what we all think. The numbers are a phone call away at the TA office. Someone called again yesterday and verified there has not been further dilution by the company in the past 2 or 3 weeks. The fact is that when the non-restricted shares are sold, they are parked in a fund where they are released into the float as the volume allows. So yes, the BxA isn't upticking as a result of those dilutive shares and no, the float isn't being further diluted. Everyone here is right to a certain degree.
But that's not what this post is about. Hopefully I haven't lulled you to sleep and you're still reading. If so, here is the point. The much larger reason we are spinning our wheels is the refusal on Jared's part to give the owners of this company any financial information. His reason is ridiculous and everyone knows it including him. When you take a company public and use other people's money to make a go of it, you take on responsibility. It doesn't matter what the SEC actually requires, you owe it to your shareholders to tell them how things are going. Are you selling product, and if so, how much? Are you covering costs and at least not losing money? Is there a sales campaign underway that is increasing future revenues? This is a pinkie, for crying out loud. No one here expects you to be making money like Microsoft. But you have to give us some info or we will continue to go nowhere. Holding back on the info looks fishy to us AND the outfits you say you are negotiating with.
Jared, you are a brilliant enzyme guy but that doesn't make you a good businessman. Do the right thing for your loyal shareholders before you damage the PPS any more.
Alan
Damn I hate agreeing with you, drifter! LOL But when you're right, you're right. Simple as that. Hopefully I will find something to argue with you but I'm coming up a little short today. Stay tuned.
Jared, quit being bullheaded and tell us how OUR company is doing. This is not a video game for you to play. You are dealing with OUR money. Tell us what's happening, good OR bad.
I am honestly trying to find the silver lining here. I am honestly trying to find an angle to defend EESO against the bashers. I am honestly coming up empty. The idea of not telling us the financials based on position of weakness when negotiating contracts is too full of holes for me to even begin to wrap my head around.
To me, not telling anyone what is happening with financials is the same as telling everyone you are in desperate condition. That is what the market assumes. If I was CEO of a huge company trying to work a deal with EESO and I found out Jared was keeping financials from his shareholders in an effort to feel like he had a better bargaining position, I would probably run away and not look back.
Short and the long, Jared needs to change his mind about this and help his shareholders, or Jared does not care what the PPS is of his stock. Jared is obviously very smart in terms of understanding enzymes but that does not make him a good businessman.
No, I am not selling if that's what you think, but I did not walk away from my computer with a good feeling last night. Sorry guys and gals.
I been meanin' to talk to you about your attitude, Tex. LOL/JK
Mornin' Tex. Is today the day we hit 5 cents? LOLOL!
Looking forward to the after-party!
KB, what made you buy this stock to begin with? Was it the earnings? A nice low PE ratio? Low volatility on the close to the money call options? Overseas exchange rates?
Nope, it was message boards. That is where you heard of this stock, right? I thought so, same here. Think about it.
Finally! Someone that understands how this really works. Perception is absolutely EVERYTHING!
Nah, leave him alone, Lazy. He doesn't understand.
Hey Chris, Hang in there. Our day is coming but it looks like it will be shortly after the calendar says 2009 (hint hint)
Fortunately, I sold and brought home over $33,000. It is obscene to think those same shares are now worth so little. And yes, that is about the only time I actually sold when I should have! I usually hold on and whine while I'm losing OR get out just before the big move up. A very special talent I was born with!!
Wow, I had 886,000 of Seaway stock in September 2007 which after the 1 for 5 RS and today's PPS would be worth $17.72 less a commission of $12.99 which would not leave me with enough cash to buy a Happy Meal. Any answers, Tom?
LOL - I don't know how he can sleep at night. Slimeball is too nice at this point.
Unbelievable. No bid x .0001 ask and 113 million traded today.
Does Tom even bother to tell shareholders what he did wrong to lose them all this money? He must be so proud.
Somehow, it does not surprise me that you "don't get my post at all". If you only want to trade stocks that release audited financials, why in the world did you buy this one? They are a pinkie and they were when you bought them. Pinkies don't release audited financials because they are not required to which is why they are pinkies in the first place. Just pay attention, you will learn. You seem like a bright guy, just a little misguided. We can fix that but it will require some effort on your part.
Audited financials are not required and very rarely done by pinkies. If that's the kind of company you are interested in, you could try GM, Ford, AIG. These are stocks that have audited financials and right now they are selling very cheap. Give them a go and make some good money. GLTY.
Yes. Next month is the first month of a new tax year. Think about it.