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I use to be on Bill Panetta's trading board and they had an auditor part too - statements were made I am going over to the Ihub board to pump or other false things to scare people and etc. It goes on all of the time. Bill is a big time trader. He changed his site this yr I am not on it.
Just doing some rough calculations it looks like Allie is going to have to have 80-100k people signed up to get over 100M for this yr. I expect the industrial side to do at least 50M.
So 100K distributos sign up then that is $350 to sign up which is 35m. Then auto ship is 75 dollars for 9 months is 67M.
My question can he get 80-100k signed up. I believe the key is how fast Allie gets them signed and the numbers. I admit I do not know much about the MLMs so I am very concerned if Jared can make good on the 135M. Comments please
There is no question this was walked down this week by whom I do not know. I do know for a fact that SPNG had big name people make false claims on IHub - they were coming from Bill Panetta's trading board. So you have to be careful of what is posted here. The difference is this is a better board than most and most of these people our watching the company in person. I spent 22 yrs in IN and 90% of Hoosier would not know or would screw people. Just where the co. is located makes what they say more believable, but remember money can corrupt so we have to be aware of the bad too.
It is just 135M is almost 15 times the last year's #. It is huge for even a listed stk to claim. Being a pinkie it makes it harder to believe because 90+% of the pinkies are scams. The officers most of the time are looking to run the stk with a promoter to unload on the poor public that is how the game is played most of the time. I think Jared is honest but he is going have to prove to the investing public he is on track to meet the track. How he does it I do not know, but some figures have be given.
Well said. It is a pinkie and I think the 135M is just too unbelievable for the pinkie investor out there. Like you said 99% are scams and this increase sounds like a scam for outsiders just looking at the stk. Like you said he should have just give out the qtr sales forecast. Now he needs to give out monthly sales figures to have any creditablity with that 135M yr forecast. He has show his is tracking to it.
He has put himself in a bind with that forecast to get new investors especially the way the ecomony is. - Most outsider that might be new investors are going to need more facts monthly to believe it.
I played and tripled my money in Jan. I am out and it should run but they all have run in the aftermarket so it will be hard to play monday.
Glassy thank you for your input. If I understand you you look to see that the RSI is in the oversold position of close to 30 nd is bouncing off of it. For the MA you look to see that the 20, 50, and 64 and others are not crossing and are in the strong up trend. do you look at MACDs?
I think the MACDs are good for trading signals what do you think?
I think you might be on to something. When they sell below bid something is going on.
Which of all those indicators do you use the most? or just the candles & patterns??
I was looking at the chart Stolibox put up it was an intra day.
My Quotetracker intraday chart is showing the CMF very positive - accumulation looked good today.
According to this chart it looks like the MACD 12 is going pass over the 26 which would be good. The MACD histogram looks like it might go positive. If both happen that would be a good sign. The Scholastics look over sold nothing go thing.
I think with the Exec Order to overturn the Embryonic Stem Restrictions will set a good tone for the market on Monday.
If we get some good news from Jared then we might turn the corner.
We are talking about putting a biotech pe of 37 on this stock when people were running the numbers. Some are saying that here because of the product and margins.
Obama lifted the Embroynic Stem restriction - lets hope this gives us a little lift on Monday since we are somewhat in this space.
You stated right- not use to a honest CEO in pink land. They think everything he says is hpye like all of the other CEOs do so they know to sell after the PRs because 95+% of the time in Pink land companies never deliver on the PRs - I have learned this the hard way. It common practice in Pinkland - Problem is they are dealing with a Hoosier - they are different
I just wish they would have his link put in the Ibx section so people would understand the real reason they where at the OH. It was not a promotional thing by the co. , they were thanking the co. for there support.
Kole,
Great posting. I just wish they would put the link to this posting on Ibox.
I cannot respond to your PM because I am not upgraded, so please email me back with you email by PM and I would answer your question. I believe in one's word and to post certain things here would break my word.
I find it interesting the company has not bought back anymore shares. Do they know where the bottom is going too?
If EESO does buy back now the cost 224k 16m X .014
Almost half the price a week ago. I wonder if they have been waiting for a reason to buy?
the MACD is crossing over to being positive 12 is crossong over the 26. It is positive
When do you think it will come? and do you thing the people in the know have been shaking the weak out before the release to buy cheap??
Send me you email so we can talk - good talk on the phone. You nailed it on how the selling is going
The chart looks like it might be ready to turn. Watching the MACD it looks like it is going to turn positive.
You right the 136m is preety hard to swallow for any seasoned investor. Jared needs to release monthly sales to have any crediability.
someone close to the company told me they thought the stock was being manipulated. call me if you want to talk about it.
I think from our last call you can figure out who that was.
100 million would take a week are more to sell. what do you think he helped to manipulate it down with a big market order to buy more after his sells?? he probably has no cost to those shares in the first place.
how much do you think bill had?
Who is that big fat boy dumping?
Stock chart has broken down means two things either the Korean deal delayed and other news is not so good or the MMs are manipulating
The offshore do the nake shorting which really moves the stks on the pink sheets. Nothing is done. I just hope that does not happen here.
so you are saying for a yr every month one new 90 day period starts??
Then on your calculation down further you need to change it to 4 not 12. 4 qtrs per yr not 12
Good posting but I do not understand the 90 days in your calculations. shouldn't be 30 days? Please explain.
The naked shorting is what kills pink stks. SEC does nothing about it. Once this stock is recognized by more people and investors the shorts will come in. Hopefully the SEC will do something this time with a new administration in there. Bush and his buddies just looked the other way. Change the up tick shorting rule to down ticks and look what we got.
It could be the company and some people in the know. This is how the rich and well connected get richer. The stock is holding very well at this support level. If something was bad and these people knew it the 7EMA would be breaking under the 20EMA.
It is just my gut feeling- the stock is priced at last yrs earnings with a 10 pe. There is no forward pricing for the stock and 09 earnings. This should b the cheapest they can buy it if no one dumps and manipulates the hell out of it.
It almost looks like the company is buying back at this support price when shares are being sold. Almost looks like the company and the MMs are playing to get them bought here. Just my feeling.
I hope your right. So far the 7EMA has not crossed the 20 EMA
90% of the time when it does that then the stocks sell off. I hope some is not selling based on them knowing something we do not know yet. I think you summary is probably correct but when the 7EMA breaks the 20EMA it usually all over.
They should issue a 8k for significant material change if he is an officer that was let go.
So how much does that realy cost?
It is only going to do good if it is listed on a major exchange. I believe it is required and then you have meet all of the Oxley Sabane requirements which cost lots of money. Just get uplisted with SEC lawyers and all of the questions you have to go through takes time and money away from the business. I am sure 15k does not cover the cost for audited results for the major exchanges per quarter.