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$2.70 is the bottom. Great buying opportunity now. The last run (just a few days ago) started at $2.70 remember? It went all the way to $3.40.
CPNE should move back to $3 range easily.
you mean that guy TTOON?
SEWC is taking a beating now.
Will SEWC go higher today to $0.02??
SEWC - fun to watch
CPNE - http://biz.yahoo.com/e/070221/cpne.ob8-k.html
What does this mean? Good or Bad?
CCNG ($0.001) News out!
Wi-Fi TV Launch Partner Collectible Concepts Group Inc. Offering Licensed Major Sports, Army, Navy, Marine and Coast Guard Products and Upcoming Wi-Fi TV Station
Wednesday February 21, 11:00 am ET
NEWPORT BEACH, CA--(MARKET WIRE)--Feb 21, 2007 -- Collectible Concepts Group Inc. (OTC BB:CCNG.OB - News) and Wi-Fi TV Inc. (Other OTC:WTVI.PK - News) jointly announced today that they worked together on the launch of Wi-Fi TV's new Social Internet TV website (www.Wi-FiTV.com).
"We are very enthusiastic about the exciting new era of sales opportunity offered by the Wi-Fi TV station concept. Our professional sports products certainly have buyers that love to watch the action oriented presentations that are afforded by this new media, as do our Army, Navy, Air Force, Marine and Coast Guard mascot products," said Paul Lipschutz, President of Collectible Concepts Inc.
Collectible Concepts is an official Launch Partner for the new Wi-Fi TV website and has already provided hundreds of licensed major sports branded items for sale in the new Wi-Fi TV Shopping Cart. Collectible Concepts is adding to this collection and introducing Navy, Air Force, Army, Marine and Coast Guard licensed products.
CCNG moving with news ($0.001)
Wi-Fi TV Launch Partner Collectible Concepts Group Inc. Offering Licensed Major Sports, Army, Navy, Marine and Coast Guard Products and Upcoming Wi-Fi TV Station
Wednesday February 21, 11:00 am ET
NEWPORT BEACH, CA--(MARKET WIRE)--Feb 21, 2007 -- Collectible Concepts Group Inc. (OTC BB:CCNG.OB - News) and Wi-Fi TV Inc. (Other OTC:WTVI.PK - News) jointly announced today that they worked together on the launch of Wi-Fi TV's new Social Internet TV website (www.Wi-FiTV.com).
"We are very enthusiastic about the exciting new era of sales opportunity offered by the Wi-Fi TV station concept. Our professional sports products certainly have buyers that love to watch the action oriented presentations that are afforded by this new media, as do our Army, Navy, Air Force, Marine and Coast Guard mascot products," said Paul Lipschutz, President of Collectible Concepts Inc.
Collectible Concepts is an official Launch Partner for the new Wi-Fi TV website and has already provided hundreds of licensed major sports branded items for sale in the new Wi-Fi TV Shopping Cart. Collectible Concepts is adding to this collection and introducing Navy, Air Force, Army, Marine and Coast Guard licensed products.
CCNG - just watching it going up, while WTVI plummeted.
i am not trading, but i can still watch on the sideline, right? =)
Another one I am looking at is TTGL.
Was a great buy at $1. Right not it's trading at $1.34.
Both TTGL and CPNE are picks from OTCJournal. =)
Change to GPTC
tsafi, sorry for giving you the work. But i feel like you are someone who I can trust and rely on. You suggest me to invest in something long-term, that's why i asked you, i want to play it safe and make money.
anyway, i appreciate your help.
P.S. I like you tsafi, don't get me wrong.
tsafi, please let me know if you can help. (check email). Thanks.
I will stop trading for a week next week. I have made some poor decisions lately and I need to re-evaluate my strategy.
There are a few stocks that I told myself to enter this week which I didn't became runners. But then I bought stocks that I told myself not to buy and I did and ended up losing $$$.
I am getting very tired and frustrated of losing money. I am getting mad for not listening to myself. I need to take a break. Hopefully I can start fresh and make better decision and make sound judgement.
Good luck to all next week. Have a great long weekend.
CPNE from OTC Journal
The Party Takes A Turn For the Worst- The Planet Descends
The stock and the company that could do no wrong has finally given investors something to think about and come back to earth a little. If you are concerned about the news that has come out of Commerce Planet over the past couple of days, you might want to step back and think about what it all really means.
Here's what happened. On Tuesday after the market closed, CPNE announced it had entered into two separate but similar agreements: Agreement 1 was the sale of 1.8 million unregistered shares from existing shareholders to institutional investors at $1.90. Agreement 2 stated the company would sell 3 million newly issued restricted shares to those same institutional investors- also at $1.90.
In typical knee jerk reaction fashion, the market sold off on the news. The stock sold off to $2.70 early, rebounded to $3, and closed at $2.81 as sellers processed this new information.
Now that a day has gone by, let's take a step back and think about what happened. As we all know, one of the problematic issues with this stock has been the supply coming from early financiers who have virtually a zero cost basis. If some of their stock was included in the 1.8 million shares sold to the institutions, isn't it better for the market to have those 1.8 million shares out there with a cost of $1.90, instead of a zero cost basis? It's 1.8 million shares that now has a higher cost basis.
Secondly, let's look at the 3 million newly issued shares. If you have been around microcap fund managers and know how they think, the deal actually makes sense. I am going to take the liberty of guessing the funds involved in this financing have been buying the stock in the open market. They are already familiar with the company, and have been having difficulty accumulating the stock without moving the market up signficantly. Here's what they want- a position that is meaningful to their fund.
What do they do after they have accumulated their position? Go out and tell all their buddies. It will be part of their mission to make sure this stock trades more efficiently in the future. And, if they have been buying in the open market, the average cost is bound to be well above $1.90.
Also- here's something else the individual investor probably doesn't think about. If a fund engages in a non-public transaction to purchase shares, they can enter into a non-disclosure agreement with the company, and obtain non public information without violating Reg D for the purpose of evaluating the investment.
The funds are writing the check. They have looked at the company, and they can get information we can't. They believe they will make a lot of money from $1.90- the total investment is over $9 million. Do you think they plan to turn around and hit the market with that size tomorrow?
There was only one surprising item disclosed in the press release on the funding. CPNE stated the pricing was based on a 10% discount to the average closing bid price of the stock over the past 20 trading days. It comes out at $1.90- seems like it should be higher. That would make the 20 day average $2.09- time flies when you're having fun.
If this stock is going to trade to efficient levels relative to their earnings, institutions have to get involved. Several have now been given a nice incentive to spread the word. I don't believe CPNE needed the money- I believe they took it in return for institutional participation.
I'm going to keep the technical side of this very simple. The stock bounced off the 38.2% retracement easily today, but is still lurking in that neighborhood. I would call it a strong buy at that level.
If the stock sells off further, it is a pound the table screaming buy at $2.42 as long as that level holds. $2.20 would be your SSL. Next Tuesday, the 22nd- CPNE will announce Q4 guidance- we'll see what we have then.
AVVW gapper Tuesday?????
AVVW EOD run! GOOOOOOOOOOOOOO!
.0043 x .0044
AVVW EOD run. 0.0039 x 0.004
AVVW $0.0039 x $0.004. EOD run!
Can AVVW pass $0.004 today or next week?
A V V W now I am in $0.0038
Break that $0.004!!
haha.. i was never in it =)
A V V W not moving now...
I was looking at it this morning when it was $0.0045. I have to drive back to work and now it's $0.007!!! Wags or tsafi, what's a good entry point here?
RSDS crazy action, for someone crazy like me. $0.0055 and will try to see $0.007.
RSDS crazy!!!!!
GDVI? PLRS? NVMG?
CPNE from an e-mail. Please read. I still have all of my shares in CPNE. This is gonna be a long-term hold. =)
Investors are beginning to realize that the sale of 4.8 million shares of CPNE stock at $1.90 to Roth Capital Partners & Craig-Hallum Capital Group will (in hindsight) be the best move CPNE ever made. Why? For starters, these institutions will be the best IR a company could ask for. I guarantee you that both of these institutions are on the phone with their clients right now, getting them to invest in CPNE. CPNE wants that NASDAQ uplisting so bad, they know this is the best (and quickest) path to achieving their goal. Basically, having large financial institutions act as your IR is by far better than paying an investor relations firm, knowing these guys won't be selling their shares for a long long time, as opposed to an investor
relations firm that thinks short term like they all do.
CPNE's decision to announce 4th quarter guidance (for the 1st time in its existence) on Feb. 22nd (one week from today) at the Roth Capital Partners conference is certainly not designed to let investors down along with the institutions they're attempting to attract. With all company debt eliminated last quarter, 3rd quarter EPS of .07 (fully diluted) and 50% growth month over month (Dec. vs. Nov.) in the subsidiary (Consumer Loyalty Group) that makes up the majority of revenue for CPNE, one can imagine that guidance could indeed be spectacular and set the stage for large institutional buying and a NASDAQ listing.
Upon CPNE obtaining a NASDAQ listing, one can only assume that the P/E assigned to the stock will have to be at least 30 if not higher due to CPNE's massive growth and zero debt. If CPNE (and I believe this figure to be very very conservative) produces an EPS of .50 for 2007, this translates to $15.00 a share with a P/E of 30 and if the massive growth continues
month over month, $1.00 EPS certainly isn't out of the question, at least for that to be reached within the next 18 months.
This is an exciting time to be able to buy CPNE stock right now for less than $3.00 a share. I strongly suspect that the previous 52-week high of $3.30 will be taken out just prior to next Thursday's guidance. After Feb. 22nd, all bets are off as to what happens then.
As Michael Hill (CEO) recently stated, CPNE is "firing on all cylinders."
For heaven's sake, why throw money away in the pink sheets trying to hit the elusive 10-bagger when CPNE appears to be the safest way on earth to achieve your 10-bagger goal.
langlui's watchlist 2/16/07
Tomorrow will be a slow day, but will be watching these....
GDVI
IDSM
NVMG (monitor only)
CDCI (monitor only)
hahaha.. looks like I have a good reputation huh.
i have been able to wake up on time THIS WEEK (maybe just this week only :P)
I am thinking whether I should get some NVMG again?????!!!!
Tsafi, thank you for your advise. I don't think I want any headache tomorrow. So I took profit and sold VYGO just now.
Bought 0.045 and sold $0.06.
VYGO 0.06 x 0.07 now! Tsafi, can this go up one more day tomorrow or I should sell now???????? HELP
I guess.. but I was planning to hold until tomorrow morning ad sell. Looks like it may open higher tomorrow. But just my guess.
You are right, profit is profit.
OH NO!!! I hit the wrong button and sold NVMG at $0.012! NO!!!!! Bought 0.008 sold 0.012.
Now 0.0135 x 0.014............
VYGO got some at 0.045. Let's see..
Watching PHGI, RHNA and VYGO
Boomer, what's your take on NVMG? I am still holding but it's been trading around .01 - 0.0115 the entire morning. Are you going to hold a little bit longer?
TSL is up 9% in pre-market!
Trina Solar Q4 earnings rise, sets '07 view
langlui's watchlist 2/15/07
NVMG (bought already at $0.008)
RGNO (may go up 2 more days, monitor)
ACMG (still moving on the buyout news)
WHKA (if this moves, it'll move big)
WTVI (monitor only)