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They are not required to at the pink sheets level, however up front companies always will. And since we don't have a pink sheets current status, it's wise to continually check since most of the companies in our pink sheets limited info category are the ones that dump shares on people every chance they get. I suspect that if they haven't diluted yet, they aren't going to. Only reason to dilute at this point would be film acquisitions. But they've already done a few big ones for Hannover and have not diluted the shares. I think most are checking for the additional 159 million that are expected to come in but will not impact the float.
I'm playing with NITE right now. I keep going over his current bid -- which oddly never shows up on level 2, and NITE has adjusted upward. Anyone know whether NITE is automated and we're trading based off an algorithm or is NITE actually manned by a human? No way to know I suppose, and it doesn't really matter I suppose...
Wow, I got 12,500 filled at .0251 on the bid. This morning, for kicks I put in a 100,000 order at .0251. They ran it down and only filled 12,500 of that order, but hey, I'll take it. Sweet!
No, I think we'll be moving long before that. There a few reasons for that. One, they will be filing audited financials. Once they file 2009 audited financials, I expect we'll be seeing them filed quarterly. Icing on the cake would be an uplisting to the OTC:BB. But in keeping current with financials, we'll be seeing the financial results of sales/rentals from DVD/Blu Ray, VOD (YouTube & Google) and their impact to the bottom line each quarter. Second, when movies are in the box office, there is always reporting on what the weekend sales were for any particular movie. I'm sure we'll see a PR or multiple PRs from the company letting shareholders know their financial success from movies such as Twelve.
These two things at a minimum will have a major impact on the share price throughout this year. My instincts tell me that by this time next year, if they deliver on their goals -- and with a little luck from the box office sales, the year end 2010 results will have been baked in and we'll be sitting at a significantly higher share price due to the fact that there's been transparency throughout the year. Hope that helps...
To further discussion on this from the PR yesterday, it's really amazing that with one movie and one DVD and Blue Ray put out last year they posted a profit of $485,000. I know they have other titles out there and we don't know where the revenue specifically came (which titles), but Eric seems to be intimating that a nice chunk of the profit came from the ONE movie and ONEDVD and Blu Ray release last year. If that's the case, can you imagine what 30 DVD's/Blu Rays and 6 major movies (2 of which they've already PR'd I believe) is going to do to the bottom line?
Folks, this is staring you down, right in your face. Think about it for a second. They will be rolling out as many as 30 times as many films/DVDs/Blu Rays/books combined as they did in 2009. 30 times. Each passing day we are in the .02 to .03 range is amazing. Again, these things are verifiable. Check industry sources, they are reporting on Hannover's acquisition of these things, the info is just not coming from the company. What's more - and I can't say it enough in this venue -- this is NO DILUTION occurring.
Muchas gracias!!!!
Nice synopsis, well put!
To the new people:
What you are getting with TDGI-Hannover House is a giant in the making. If you are here for the "momo" or the "pump and dump" or whatever else, you're going to get bored and leave within a day or two. TDGI is the real deal. They found a way to successfully take an established company public by reverse merging into Target Development's shell corporation, and now they are lining their ducks up in a row to accomplish why they went public to begin with. They did not go public, as 99% of the pinksheet stocks do, to print shares and line the pockets of management while doing nothing. They went public to access capital so they could leverage their talent and connections and grow their business exponentially more than they could as a private company. That's actually what real companies do and why they go public. Unfortunately most everyone reading this has been burned by the smarmy pinksheets share printing companies that go public just to scam you and I and make trusting any pinksheets company difficult to do.
But here's a tip for you. What differentiates TDGI's honesty from most other pinksheets stock is their outstanding shares. Here's why. You can - AND ABSOLUTELY SHOULD - call their Transfer Agent at least twice a week to check the number of outstanding shares. That's like checking the heart rate and blood pressure of a person. If the outstanding shares are growing, we're screwed. If the Transfer Agent is gagged (cannot disclose) we're screwed. But that's why we're different than SPNG and the myriad of others. You can call Standard Registrar and Transfer Co., Inc. at (801) 571-8844 and verifiy for yourself that no dilution is taking place. A company may be doing great things, but if they're selling shares secretly at every uptick, you're screwed. TDGI is not and WILL NOT be diluting per their own PR, but you can and should verify that regularly via the Transfer Agent. Just call and ask what the outstanding share count is for TDGI, they'll tell you.
The company has laid out a straight forward goal for the year. They intend on accomplishing it. Read Rainmaker's All In One PR message to connect the dots. And look at what they project. My goodness, if they do even half that we're in huge money.
What's happening right now is some astute investors have identified a great prospect and are buying hand over fist to hold for the longer term. The question you need to ask yourself is are you willing to take a chance on a real company just starting out publicly who has the potential of a monster in the making? I know there's literally thousands of other penny stocks, but very few have the real potential that TDGI does.
Thanks...
DD question for the board.
Anyone know why Hemdale went out of business?
Great reply, Rain...
Uh-oh, guess who is wrong?
This just in, you are incorrect, sir!
Yep, you guessed it, wrong again.
I personally hope that TDGI doesn't skyrocket just yet, and here's why. Good companies always build a solid foundation. Penny stock scams always play off momentum. There is very little momentum in TDGI right now. What I'd like to see happen is the audited financials get posted and certified, and see TDGI get to the pink sheets current tier. Along with that I'd like to see them shoot for an uplisting off pink sheets with a symbol change to reflect Hannover House and not Target Development Group in short order after the audited financials post. I think these things will convey a message to investors that they're taking steps to build a solid company for the long term and are not interested in investors looking for the next 10 bagger. This will by necessity cause the share price to go up. Then couple that with some PRs that YouTube and Google and other video on demand sales are doing well (in addition to any one of their recently acquired films is a hit), and then I think we can really see solid movement. But unless they make a move to get current and post audited, certified financials and move away from Target's name, people will not take them seriously - hence the minimal interest at this stage. If you are reading this and are invested, consider yourself very lucky to be in where you are at. Any of the above mentioned could happen at any time -- and in fact per PRs will, then everything will change. All that said, I would love to see a steady move up. No reason not to at this point...
Add to that a complete change in company management, company mission and company value, and you have to discount anything prior to the PR in early December 2009 as far as stock price. CBO, I get your point though that the fact remains that there are those who had gobs of shares pre merger. That fact doesn't change...
What would change my mind personally about holding longer term is failure to deliver on goals. Price fluctuations don't really matter to me at this point as most of what's been stated as goals for 2010 have not been realized. For me, waiting until the back end of 2010 is when my mind could change. If Twelve makes zero money, and we receive no PRs about YouTube/Google sales, and if the company does not file audited financials and seek to uplist, by 4Q 2010 I will be looking to exit. You can see that they have a lot of goals to accomplish. Pick any one of these goals -- which is not all encompassing I know -- and if they deliver on only one of them up we go. We're already sitting on a profitable company. Anything they do this year will only lead to more profit. What's really key is the audited financials filed voluntarily. That to me is the only weight keeping this stock down. Unfortunately too many other pinkies have said similar things and then never followed through. Once we get certified, audited, filed financials, I can think of no reason to see this reach its immediate book value. Then the rest of the goals, as they're accomplished, will continue to add value. The odds are greatly stacked in favor of making a ton of money investing at these levels IMO...
True, and I see more and more investors on this pinkie willing to wait. This is my one investment this year I'm sitting on and will not sell until the goals outlined in PRs are reached. If I win, great. If I lose, so be it. Something tells me though that this one will be well worth the wait and will yield more profit than if I tried to trade in and out of it. Plus there won't be the stress of timing your trades. I think what will happen is a PR will come out at some point over the next few months that will significantly change the share price. Eric seems to be setting us up for a big move...
And now it becomes a test of your patience -- which after all is the game at hand. If you can wait it out, your patience will be rewarded. They're betting you can't wait which is the theme of the game played. I too am nearly fully loaded. If we dip down below .025, I will be fully loaded. But patience is the name of the game. All those patient enough to wait this one out will win big. This really is the real deal...
I think the saying goes may the best man (or woman) win, but at .022 we're all winners...
Well, CBO, you will be battling me for hundreds of thousands of shares. I can see zero reason why this will trade down to the low .02s again. I know it's the pinks, but come on. The company needs to only have their interim financials certified by their attorney, and we have an official book value of + .05. But as I said, it's the pinks. So if it does go that low, there will be a ton of competition for shares at the price. Based on the discussions, maybe in the millions of shares bidding at that level. I wish you well!
My gut feeling would be they when they see that many shares locked up at higher prices, they'll shake even harder to try to rattle some of us into selling. I see it as almost inciting. But the opposite may happen. They may see that there's a ton of money to be made by letting it run to higher levels, getting people to sell and then shorting the crap out of it. I've already locked my 750,000 GTC at .30. Why not give it a try if you a long on TDGI. We're already conceding the short term price dips for the bigger picture, so why not try it? May work...
Well, I've already done it. Locked up my 750,000 shares at .30 GTC. Also, just fired off an email to the SEC with the link to the regsho-finra site someone posted and the total amount of shares shorted versus the total trading volume. I'm not expecting anything from them as I know someone in the SEC and he says that they are so understaffed and receive thousands of these requests each day that they simply can't keep up with them. I've even had him try to help me out with some of my past short issues on other stocks and he simply couldn't get anyone to help out because they're inundated. But it never hurts to try. Volume of complaints definitely does matter, so everyone take 1 minute and send a complaint. Maybe if they get 50 in a day they'll be compelled to at least look into it.
I'll definitely send an email to the SEC, it can't hurt. But as far as putting in a GTC order, is it a myth or does it really work? I can't find anything anywhere which says it works. I know it's talked about on nearly every board, but I've seen nothing that substantiates it. But what the heck, I'll give that a try too!
Nice, congrats. I haven't tried to buy to much on the bid above .025. When we were trading down at the .022 level, I was trying to get hundreds of thousands of shares on the bid, and I never got one single share. They always made me hit the ask to get them.
Yeah, and another tip that we're being shorted is the large gap that's sometimes in the bid/ask. MMs have seen that most people are buying at the ask, so instead of keeping a tight bid/ask spread, they create a wider gap between the two to make you pay more if you want your shares, because you'll have to get them at the ask at a 2% premium to the bid. On this one, they almost never sell to you at the bid. I've gotten 600,000 shares of my 750,000 by buying at the ask, never got them on the bid. Old tactics...
You're right. And I'm learning through the discussion here that most people invested in this stock are quite a bit more savvy than a typical pink sheet investor. These shorting shenanigans typically lead to what you described, panic sell offs thus giving the market maker what they wanted, cheaper shares to cover their shorts on, then go long and do it all over again. But most of the people here are too savvy to be hoodwinked into selling, and in fact do the opposite which will eventually lead to the "short" game stopping.
That was the thought, but if you'll look back, MCLN stayed on the reg-sho list for an additional 40 days after the big run up and was in fact on the imminent buy-in list after the run up, and well, you can look at their chart and see that it had zero affect on their stock price as far as a short squeeze and them getting off the reg-sho list. Not sure how that happened, but I can guess that the stock ran with a huge short interest in it, and the market makers reshorted at the highs of .08 back down to the .02 level to cover with the crazy volume that was happening. Now MCLN seems to be a stagnant stock for the time being.
I agree with you, and I apologize to all if I came off that way. I'm in the same boat as all of you guys, sitting on a ton of shares waiting for the ride up. What I inartfully tried to convey was that while it is good to know -- and thanks to those who pointed out the shocking short numbers -- it's one of the inherent flaws of a company trading on the pinks and there's nothing we can do about it.
I've often wondered why this happens down at these levels. It's never made sense to me. There may not be any rhyme or reason to it other than someone trying to grab up shares on the cheap knowing that a stock will eventually run. But all I'm trying to say is it's good to know, but our future success is not dependent one bit on the amount of shorts on a pink sheet stock. In fact, it's just assumed that there is illegal naked shorting going on. It's all part of the game played on this exchange.
I've personally found that naked shorts, reg-sho and the like are all a waste of time on pink stocks. On the big boards they really can fuel nice short squeezes. But here in pink land, all the shorting is to be expected, both legally and illegally. Even when a company is on the "imminent buy in list" for having FTDs for a certain amount of time, I've not seen one company have a short squeeze based on that. All I've ever heard is rumors and the like. Not saying it hasn't happened, but I've never seen it.
In fact, I think it's good to talk about the fact that it exists, but when it becomes a primary topic it becomes counterproductive. Fact is, there's not a darn thing you, I or anyone else can do about it. It sucks. Only sustained high volume will force an upward movement -- or Eric completing and filing the audited financials and actually uplisting us to the OTC:BB. And even there it's going to happen too. See MCLN.OB. They were on reg-sho imminent buy in list for over 35 days, and somehow magically they never had a short squeeze yet somehow got removed off that list. Just sayin...
You're right, it's not a mistake, but what I meant to convey in my last post was that after all the DD I did on SIRI, I knew if they avoided bankruptcy they would rise significantly once the dust settled. It is always good to take profit, and I should have only sold enough at some point to get my original investment back and let the rest ride. That's what I intend on doing here.
750,000 even as of 2/18. I will add more, up to 1 million total, within the next week or two if it stagnates in the .02s.
How would a share count work? Never heard of such a thing. I've been quietly accumulating after spending my time studying the info out there, and more importantly as Eric has been systematically doing what he says he's going to do. Quite honestly, I've never felt as confident in a pink sheet investment as I do on this one. I made a mistake and sold SIRI way too soon. I bought in at the panic price of .12 a share, and sold along the way up to .60. I just rebought a fraction of the shares I had at .12 just recently in the low .80s and am in the money again. But when SIRI crossed the 1.00 mark yesterday, had I kept my original .12 shares, I would have cashed out with over $160,000. I learned a big lesson from that and it has changed my investing strategy. I will not miss the run up on this one, even it does happen in bits and pieces. I know I'm in on the ground floor of something greater than I can imagine despite what the price does day in and day out at this point.
Nice. I picked up 50k at .0264 to make it a total for me of 750k. If we stay under .03 too much longer, I will buy another 250k. These prices are insane!
Great pic! What I'm referring to though is that on nearly any other exchange, the information that's been flowing out of TDGI over the past 30 days would have moved it to at least its true book value. I know patience is the key, but to see it stuck under .03 is preposterous. I guess the sentiment is this is another stinkie pinkie. But the masses will miss out as the bigger picture becomes unveiled. Don't get me wrong, I'm heavy into TDGI and am way above water. I just am a cheerleader of sorts for what the company is doing in such a short time span, and it frustrates me to see them not realizing some instant gratification for their hard work. I truly believe what they've accomplished since December 1 is remarkable, and in due time the price will reach its potential. But goodness I hate pink sheets...
Man, this is ridiculous. We've got to get off the pink sheets...
Well, this could go "Viking (VKNG)" pretty easily at this point. Others to look at what happens when they're unexpectedly profitable is ISCR and MCLN. But TDGI is different, is in great shape and only getting better. I say we cross .05 next week, but I still think because we're in pinkie land that we'll be held back for whatever reasons pinkies get held back. I think our true valuation comes when we're uplisted. For some reason, there's a dark pool of traders out there playing with pinkies because their market cap is so low and therefore easily manipulated. The trump is volume. If 10s of millions show up Tuesday, up we go...
Jeff
Wow, the financials came out. Yet another promise from our pioneering CEO. I knew this day would come, and patience is paying off. We are about to see a game changing movement in this stock. The game changing movement will come in the form of the official audited financials and announcement of uplisting. Also wouldn't hurt, in light of the BOD meeting, to announce a decrease in A/S to a reasonable share structure well under a billion shares. Congrats to all who waited.
What I wouldn't be surprised to see though, since we are on pink sheets, is little to moderate movement in the price. But if enough people see this, we could rocket north of .10 cents sooner than we all think. Enjoy the moment, it's rare down here in pinkie land!
Agreed, it does piss us off. But remember, NITE or UBSS or any of the market makers are just tools used by investors to do what they want. There isn't an actual "NITE" per say, but rather a person/people/institution/hedge fund behind NITE making it do what it's doing. So the question becomes who is playing with this stock and why?
And before I get flamed, I understand there is automated trading, etc., where a computer consummates the trading. In fact, the entire OTC:BB and pinksheets is computer run. However, when things don't trade as they should, it's obvious someone is using a market maker for their own purpose. A simple watch of level 2 here shows this isn't automated trading when buying pressure doesn't create an uptick.
Jeez, you were probably trying to help some guy out and this is how he thanks you. He apparently did no DD, and just started posting non sensical, untrue facts. Sad, but the board astutely corrected him. Matter closed...