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Your picks stink. They are seriously screwing up my mission of losing all my money.
Stop giving us things to get excited about! :)
Buenas dias all
I think someone posted this earlier this week but I can't see anything wrong with the cup-with-handle formation on our daily chart:
Left side of cup December 16th high .06, Right side of cup Jan 7 high .06, wedge down handle Jan 8 to Jan 26.
Mix with a vigorous shakeout and garnish with a wedge up on the A/D of 2.5mm shares.
Looks like a classic team Monk lockup is underway.
I'M YELLING! Sorry Monk.
VZ- Want to thank you for that post. A lot of folks new to pennies (technically myself included since I can't really call analyzing every word that proceedeth from the mouth of Monk 'experience') have a hard time believing the 'consistency' message on a share lockup play- or how absolutely vital it is. I know Monk has taught us about the value of steps over time rather than the huge swings. I'm sure he rolls his eyes when our plays run hard, knowing the mm's are busy shorting and will be playing every trick in their pathetic book to manipulate the value of our hard earned work.
So this is instructive and I hope folks that might currently be as skeptical as I was 6 months ago recognize the SEC specifically referred to penny stocks for a reason.
With regard to EIGH- I see a familiar base formation occuring over time here- due to the discipline of the finest investing team on ihub. Let's go get em: I'm locked for .50.
With regard to Seaside, I think they have been selling. I think we would be much higher by now, even with the lack of effective PR, if they hadn't been.
I think the float is pretty doggone stable. Next quarters earnings are critical- no surprises, no delays, no revisions. I am confident this will happen.
I remain sort of fixated on the surpise of the cigs. I remember when I didn't care, but the $2mm contract out of the gate in 2010 makes me wonder if these could be a massive game changer for CKGT. I've concluded they must be selling well, I don't know what else to think. Will be interesting.
I've decided green is my favorite color..
We must have decent bid support, I only have the basic scottrade but it looks like it UT'd from .031 to .035 pretty quickly
Everything below .50 is foreplay..
Like Monk said- only getting started. I can only imagine what will happen when our next major acquisition is announced..
Wait a minute.. I thought the EIGH theme song was "She bangs.."
As with any company we always have the dilution factor hanging out there at some point. No more reason to worry here than elsewhere, and further I think CKGT could have raised cash in a method that was much worse to shareholders than the last share expansion. This tells me they intend for there to be balance. I don't mind a little share count expansion from time to time, as long as they have the growth to warrant it. So far, this has been the case.
:) Good morning sir
StevenRisk, I was thinking $9-$11 PPS on an uplist so it's reassuring to me that we've arrived at these valuations independently. I also respect your calls on CKGT as you have been right, right, right.
I added 1700 shares on the news (we don't all have CSP's timing) to my existing core shares and look forward to a successful 2010 with a great group of investors here.
Agree completely XBlox sir! These prices will only accelerate operation EIGH lockdown.
:) All good sir. I'm 30% allocated into EIGH and another 30% into some other stock that I shall not mention but it starts with a C and ends with a V and has a princess' name in the middle. All stocked up and locked down for my share.
Thanks Steven, I do remember that post and as omniscient as it was, (and I love it because you were right on nearly to the day), if we tip toward smokes as the dominant growth product, what do you see this doing to our PE? My thinking is that this kind of growth potential could have substantial upside to the multiple once we get more visibility to the market penetration rate.
(It seems to me that the cigs potential is parabolic whereas the feed products are strong, but still pretty typical AG-type adoption/penetration on the product rollouts.)
1700 added at 2.55 today.
None of us, I'm pretty confident. we scoop the cheapies and then ask slap it back into shape, no worries.
StevenRisk, excellent! Great information, and thanks for posting it. This is the reason I love Ihub- informed investors.
You were an early call for the cigarette upside to this equation. The new contract really has me thinking today about cigs seriously for the first time as all of my prior DD was excluding the smokes getting traction.
What's your take on the smokes and their impact to our PE? If the smokes go parabolic, what benchmark PE do we use for CKGT? Patented 'healthier' smokes in a nation of 400 million smokers? I guess I'm late to the cigs party but it just sounded too 'out there' to me.
I see your estimate at $5 as dependent upon a very small level of risk to occur. I agree with $5 if we stay OTCBB. I believe if we uplist, we're going to see $9 within 12 months.
CSP, I was thinking about your post yesterday as I was adding more this morning. Your timing was impeccable.
Pappy, very natural next step (as we've all discussed) is uplist. I expect an uplisting this year considering the financial reporting changes we saw recently. Even a PE of 10 gets us to somewhere between $9 and $11 depending on your math.
I am overwhelmed with the response to the cigarettes. I have been long here for a year on the feed products, and had actually been highly skeptical on the smokes.
It's PIGS AND CIGS IN 2010 for me.
Our team's work is the best, sir. :)
Morning, Monk, ExBlockman, et al!
Morning CDIV'rs!
:) ready for the brass rainbow!
Evening sir!
I love this chart. Our last DI cross was followed by a 200 bagger.
Stand by for ramming speed, folks. And in the meantime, might I suggest a selection from today's EIGH menu:
The wisdom to hold, or the regret you didn't.
Aren't we all sir? :)
You know it! And I still love that signature photo.
1mm shares to the strong team today!
All good sir! The only folks selling here are those who would have flipped out at the first opportunity anyway; things bounce so much higher off of a hard surface don't you think? :)
Move the decimal one place to the right and I'll give you 5% of my shares as an act of charity
:) let's get the roles straight sir :)
Agreed sir!
Morning Denizens! Green week to all- I'm calling it! :)
Morning Denizens! Green week to all- I'm calling it! :)
Seconded!
Morning Monk, Xblox, and team EIGH! Wishing you all a great week.