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I'm not falling for this "announcement" because that is exactly all that it is, an "announcement"...I call it hype. The reason I say that is a similar situation happened with another stock that I own and they hyped it today...the price went up 62% and then bombed hours later. Nothing against you Stargazer...I just think it is company hype for now (there is no doubt I believe there is a real case...I certainly do).
IMO...I don't see what is supporting a share price of .007...I could be wrong though, but I don't see anything yet. Financials will be interesting.
Thanks! Yes, first quarter of 2013 will provide a lot of insight.
Financials are out! Not that great...IMO.
Anyone think the financials will be disclosed today? Could be tomorrow, but most hold off on Fridays. Is next week past their deadline?
How many of you either own or know of someone that has well over a million shares of SFOR (you don't have to say that you do or do not...you can say something such as, "I know someone that that does" if you don't want others to know your position. I know mgmt holds millions of shares. I'm wondering about folks on this board (are most people here on this board with over or under a million shares)?
Coyote...question for you. Why do you post the ending stats when it is available on this site and others? Just curious?
Well said Stargazer! GO SFOR!
I'm not trying to scare anyone...you can think that though, but I'm not. I CLEARLY stated that it COULD swing in a big way - either way. If individuals are fearful of my comments, then penny stocks might not be for them in the first place. I was fortunate not to own SFOR for several pennies or higher and then have to sit on it for years sub-penny (I've only known about SFOR for a year at best). It is too bad that people bought in and then it dove to sub-penny for so long. I'm just trying to say it could dive again as others on this board have experienced. All of this is just my opinion and I'm not going to go around and around with you. Good luck to everyone because none of us know what is going to happen near or long-term at this point. I hope SFOR does well!!!
Also Coco, I might have had conversations with individuals at SFOR about debt repayment matters...also, the past financials indicate heavy debt too. I would like to see SFOR shoot to the moon, however, I'm keeping things in perspective of what I know about SFOR. Do your own diligence and welcome the views of others!
I do not short SFOR and I currently own no shares. If you see, I'm not calling SFOR nasty names.
Not that it is my duty, but I will say this...some people that bought in at the .008 to .01 range MIGHT see a huge dip before (or if) they see share price appreciation. I see the current share price at an "axis" and it could swing either way very hard. I hate to see it when someone buys on hype or when share price is manipulated and they lose their shirts in a matter of a couple of days without knowing much about the company/history. The companies/institutions that can buy big blocks for far less than the average investor have the upper hand over us small guys. That's my position and opinion right now, Coco.
IMO...with the "potential good news" to come, and the possibility that the financials due out might "stink"...this is very risky for those that bought in at these high share prices. The company has major debt and might be having issues paying the debts...we know they are needing cash, and lots of it...kind of scary to be buying into something that might take a fast dive. Looking forward to financials. IMO
IMO...kind of scary to hold onto shares at this level. Why? She's down today and it could go a whole lot lower quickly and stay lower for some time. Those that bought in at these higher levels might have a hard decision to make?
Thanks for the info Heybrad! Where do you think EDIG will be in 1 month and in 6 months with regards to share price? Thanks again!
A penny as been hit, but I don't think it will hold. IMO
IMI...she could tank today. No buyers as of yet at a penny.
She's alive again!
She's stalled...
Yes it even hit a penny...then went down 20% to .008. This is artificial/crap trading...it's all over the board. There's going to be some dips! IMO
Fun for some...did you just see the high for the day was at .0074 and the best bid at the end of the day was .054. Some are going to get their butts kicked if they didn't already today! IMO
Insider action then? Just wondering?
Contracts are great, but will the revenue be posted to this quarter? Is SFOR in trouble because it has olbigations to pay and they don't have the cash to pay? We always hear "revenue" but not much about repayment/debt. This company needs cash badly. IMO
The price will be worth it if the revenue is much - much higher than anticipated and some kind of financing news (or major patent win). Without any of those, SFOR is just a debt laden company looking for money to survive. I'm not saying I want it to go South on us, but there is nothing yet to make it worth a penny. IMO
There's a reason for everything!
and why, please?
Sounds like you think SFOR is going to hit a 52 week high? Not being cocky, but what makes you think it will? Perhaps I am missing some news? Thanks!
Up she has gone today...I don't think it is going to last. However, there's been about $28k shares traded...hasn't happened in a while like that. I still think she's over-priced more than in the .002 range until solid news comes out. Too much debt and too much in need of revenue to offset expenses and debt. IMO
I would get a second opinion from them! Other than that...I am sorry I don't know. Best of luck!
Anyone want to be the first buyer with this? Not me! Can anyone tell me two good reasons this company is worth investing in? Thanks!
Is she going to stay up and then come down hard toward the end of the day like it did yesterday? Should be very interesting!
Dischino...that's good! Thanks for the insight.
This thing is a total dog, IMO. I'm betting if it even gets to list on Nasdaq that it doesn't last long. IMO. Good luck!
Heybrad...thanks for your insight and opinions! Does this company have much debt? Thanks again?
When is the quarterly due? I think we will see this go from the .004's to the .002's soon. IMO
Dischino...sure would be nice to know how much the settlement will be. Any guess or do you have any other info? Will this Korg settlement set the pace for other infringers? Thanks!
It has been a real dog...do you think the merger will go through? I'm not sure that they have revenue coming in???
Scot...just wondering, how do you know the last PR cost $3,000?
When is the quarterly report coming out? Should be any day, shouldn't it? I'm not sure why SFOR is .oo3+ because it doesn't seem like there is enough to substantiate it...I think the pps is over-priced right now. IMO
Wasn't the Quarterly report out today?
Why now...a penny is a long way off. Not to be a negative Nellie, but can someone tell me why this is worth a penny or more. SFOR needs cash, and a lot of it to get on the radar...I'm basing that off of Mark mentioning at the conference they are seeking $10-15 million. Who thinks checks will be written for either of those amounts? I hope someone does though!!
Chang...I think you can get shares cheaper than this. IMO
Anyone know when the next quarterly report is out?