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Ok help me out here. I was watching the tube last night (Calgary Alberta, just for the record), and a commercial came on selling 'Adrenaline Rush' brought to you by SoBe beverages! I was stunned. Am I missing something? Didnt RSHN have such a product? Did they sell it off or sign a marketing agreement with SoBe? Isnt using the name 'Rush' not a brand name copyright violation? Have I been living under a rock for the past year? :) Wuzzup?
I think that is for 2 reasons. Coca Cola is only buying shares fron 12 specific shareholders. Also the debentures they are buying are convertable into more BRVO shares at .36, thereby flooding the market and diluting the stock price. Great for Coca Cola, but useless for the other 99% of the shareholders.
JMO
Well, for a couple of examples, there was the Allimax Water. If you remember the PR's, first it was to be ready by end of March, and then in early March they cancelled it altogether. For something better in the end? We dont know yet.
They announce attendance at a trade show, and then tell us nothing of the result?
The western US distribution/bottling centre exists, then it doesnt, then it does.
And has anyone figured out the Meritage Wine connection clearly yet?
It just makes you look flakey when you do things this way, even if it is for the best interests, eventually? Investors want a company with at least a clear direction (even if theyre chasing a mirage, HA!), not one that jumps on and off the latest trends every 5 minutes and leaves your head spinning. They should have their plan mapped out before they start executing.
In other news, what's your take on the volume in the last 2 days? 150 mill is unusually high (and I still didnt get filled!). Buying or dumping?
Good analysis rush, you make some good points. Im not all that worried about the lax website, especially for a company that doesnt do direct sales via the web. I'm in IT and spend a lot of time on the web and there are a lot of really crappy sites out there even for companies whom you would think would know better. Our company's site sat at a hosting company for almost 10 years before we took control. Just my thoughts. It must be considered though when trying to figure RSHN out in the big picture. Ive heard many comment the same as you on Bob's 'changes of direction'. I hope he is doing whats best for all but of course we all all at his mercy if youre a shareholder. Numerous times I have changed my own outlook, and targets, on this stock only to do an about face again. Im in at a decent price (.002 cost) and Im still comfortable holding (even thinking about buying more, for a flip, at this price) at this point. I guess it all comes down to your investment style and tolerance and what youre in it for. Many posts I have seen on these boards often tell the true tale. Pink sheets are not real (traditional) companies/stocks, so dont expect them to act that way. 'Playing the pink sheet market is all about free shares' someone once said, flip and get your original investment out! I have to agree with that on the whole. My tantra is 100% risk = 100%(+) return OR 100% bust! Its a risk I am willing to take when playing these.
GLTY, hope we all make a bundle.
Had and order for 1/2 mill at .0006 and they dodged me all day!
What after only 10 years of BS and getting ripped off you are losing faith? (kerb will have fun with that quote)
PS I heard a rumour you spent some time in IHUB jail?
PS, looks like only 120,000 to buy up to $20. Wanna try to corner the MM's:)
Its a buying frenzy! Wonder whats up! LOL. I expect to see some wild swings from .04 to .08 +/- over the summer. Could be good buying/trading opportunities, if youre careful. Then we'll se about BJW's promises come fall. Sure is dead around here (all the boards I follow).
200,000 @ .0022. Looking for a penny or 2 shortly.
Mil, please clarify for me. Does Corr want us to take posetion in order to hinder the shorts? Ive never heard such a comment from a CEO before.
Tkx.
Just for the record Id call a -.02 (or 50% +/- drop) a big dip at this point. GL, hope you can get back in on this.
OT - hope youre wrong in comparing BLLD to PWTC:)
Just an observation of what the level II looked like at that particular moment. I watch for a pattern where no particular price level has more than 2 MM's lined up as a sign that any substancial buying should be able to break through those prices and move higher. Further up the line there were then 6 MM's lined up at .10, a wall. (eg: if there are 75000 shares available up to a price of .10, and someone puts a market order in for 100,000 then theoretically the buy should pick up all the shares right up to a price of .10). There is no particular rhyme or reason for this trend and as we all know: 1. Once buying starts the MM's will be quick to fill in the gaps and try to bring it under their control again. 2. Market orders rarely occur in this type of market frenzy. 3. Its only one point in time, as soon as you click the refresh button all the B&A's have changed. But it does happen and this is usually where you see stock prices move up very quickly, by catching the MM's off guard. They may then try to establish control again at the new high.
Just my observation, thats all. The market's always changing.
.01 eh? Hmm. It wouldnt surprise me to see it again but it looks like a long way off at the moment. It will be interesting to see what today's news does to the price. Will it level off and hold, or will the market see it as more opportunity to come? We still have the spinoff news to come also, which should stabilize the price at a certain level assumuming they do the traditional PR - 'shareholders of record on a certain date'. And the NASDAQ listing is the wildcard in all of this. How will they get to the minimum share price requirement? Net asset value support or reverse split?
Look for a big dip in price one day, that may be the indication of where you next buying opportunity is.
GL
Building a wall at .10. I wonder if they'll let it run that far today?
1 for 100 RS seems likely, but to post the share price up to .60 is still too small. If they want respect/listing on a better exchange they need to hit $1. Think they can do it after the RS?
Ask is 'Poised' for a run to .10 at this particular second in time. No takers on the buy side though.
'the poor get, well...' - thats why my a@@ hurts so much:)
I did like Nortel's take on their accounting problems. They apologise for the problems, vow that it will never happen again, but then go on to say that 'No board of directors could ever have prevented this from happening'. Nice cop out if I ever did hear one.
Stop it man, youre killin' me:):):). LOL Sorry about the coffee thing, I thought we were all beerheads here. Just assumed we were all drunk on something when we bought into this thing! Im sure you will find lots of coffee in hell but why assume youre going to the same place as LB? Oh no wait, thats the SPECIAL hell he's going to:)
I hope both Kerry's and Mr. oops trip were worth it in the end but a word of warning. Never underestimate a company's ability to put on a good dog and pony show.
Note I am not a basher, just seeing both sides and all possibilities. I am holding long and strong with 200,000 shares.
GLTA
Actually, its the 'precedent' that Im worried about. If this law does not have the teeth to clean up a case such as this, then what chance do the rest of the us have against the masses of con artists on OTC and Pink Sheets (yeah, I know, its not really directed at them anyway). At the least this ruling will set the precedents back another few years. Oh well.
'can anyone demonstrate a relationship between a stock price and the truth?'
'scuse me for a moment, its gonna take me about an hour to stop laughing. You are soooo right.
My worry about the summer months is that most investors take them off and interest in 'anything' drops like a rock. one the other hand, September brings in renewed interest and typically lots of new money. Hopefully BJW can take advantage of that.
PS, to hell with the coffee, have a beer!
If you want to see what a promo/timely news releases can do check out EPYH. Up 530% in a week. I'll take the gains any way they will come.
I dont believe we will see TVA until September now. Their efforts would probably be wasted trying to promote during the summer months. Hopefully MR Walter has all his ducks in a row by then.
OT: FYI for those of you who really thought it might help.
http://www.globeinvestor.com/servlet/ArticleNews/story/GAM/20050629/RSARBOX29
Patience my friend. Most trades on the downtick were small. MM's 'playing' with this one right now. Remember they can also execute a down trade at the close to make it look bad too.
The share buyback is what interests me right now. The stock price has gone up 345% (from .0045 to .02) since the news started. If you were the company, would you want to do a share buyback at this price? Im looking for even closer to .01 before I buy more. No panic on my part, this stock will provide many opportunities to make money in the near future, and in the long run, even better.
Seems like Mr. McNeely has been shirking his responsibilities? Will the madness ever end?
Thanks to you and catchet for looking into this.
I agree with your theory but it was also promised that the prototypes would be complete by the end of the first quarter. As that time point is becomes more distant PTI will appear to be same old same old once again. The reasons are not the matter either, if there were concerns that the date could not be met, Mr Walter should not have made the promise. A later date that was kept would have been better.
I still/feel that the prototypes are coming and we will see some progress and gains through this year but continuing to manage this way is only taking potential gains out of everyones pockets by continuing to reenforce investor doubt.
Hmm, more confusion.
Hmm, the MM list seems kind of short today (as in few actual traders). Anyone every seen that happen before? MM's starting to leave this one on its own?
Looks like a buying op today. Lots of support at .05 though. Im thinking you will have to hold for about 3 months (I dont expect much action during the summer) and you will have to believe that BJW will be coming through come fall.
Dont most of us belong to that class? my ave - .002.
MORE news out!
Certainly a healthy pullback. Profit taking too? Reread post #78. How will they get to that $1 share requirement? Asset building would be the most beneficial to the shareholders with which we could see the stock price move all the way up to $1 (by the end of the year?). This seems to be the road they are taking presently. You must also consider a reverse split. Considering they may want to get the O/S to back around 10 mill, currently with 300 mill O/S they would have to do a 1 for 30 split. Given that $1 divided by 30 = a .033 share price, leaving less upside from the current price. Any issuance of new shares will further dilute that. Lastly there is market sentiment and euphoria which can drive a stock price to ridiculous levels for no valid reason.
Keep in mind that these are only my thoughts and I could be totally out to lunch but I feel this is information that everyone should know and consider. Make your own judgement call and best of luck in whatever you decide.
At the moment there is little support on either the buy or sell ends. I have also noticed the higher asks above .07, another run coming up?
Whats with the sudden spikes? Yesterday .1875 and today .3075? I think I'll put a sell order in for $1:) you never know.
Dont we all have those stories to tell:) IHUB has a link to level II, at the top of the EPYH page. Click there and you will get a quote page and then click on Level II. Its not real time but its not bad.
I wouldnt be surprised to see .025 again, but thats just a guess. Do you get Level II quotes? If so you can follow the MM's trading patterns and judge as to when it may go down.
Remember, my opinion is only a guess.
Be patient and watch for pullbacks, there's bound to be profit taking. Some of the best advice I ever received was 'never chase a stock'.
Fist, hope you see this, I dont have private mailing privaleges. Check my last few posts for info.
I believe the main driver will be for the NASDAQ listing, how will they get they? With 200 mill O/S, if they do a 1:20 reverse split, I think the share price will have to get between .05 and .10. On the other hand, if they try to achieve $1 through asset growth and fair value then, well you can do the math.
Dont sell for less than .05.
IMHO GL
Depends on how you look at it and what you want to get out of it. Mr Lee says he wants to be listed on NASDAQ. Unless you buy your way in, NASDAQ requires a $1 minimum share price. If you believe they will go that direction, and with $50 million in assets by year end target, they very well could go that way, then huge upside yet to come.
Id say easy double from here in the short term.
IMO
Transfer agent says 299000000+ outstanding. The company bought the tradewinds deals with shares.
I still agree though. Undervalued for sure.
Welcome Lbro.
I dont think you can go wrong getting in at these prices. All depends on your risk tolerance and how quick you are at trading. Even long term looks promising. Ideally, getting in near .01 would be my preferance.
The company seems to be building themselves up nicely and has said it will continue to do so for the remainder of the year. Check out news items for the specifics.
Between the boards I follow, target estimates are anywhere up to .30+. Its just depends on how well you think the company is progressing. Its a good tome to get into realestate the way they are. If they make all the right decisions, it should be nowhere but up for the rest of the year.
GL
OT - Check out BLLD. Great news lately and a good buy point right now. 1 year targets of up to $15.