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Irvine (?), please see the K-8 filling stating June 22nd. Anybody invested prior to that date will be subject to the forward split. Recent emails (from world street fundamentals, which I am signed up for) state the same date. Note that a (forward) split means your total equity invested remains the same.
So say by June 22nd you are invested at $5 per share with 500 shares (given the current upward price trend a PPS of $5 is not impossible but I use it for simplicity sake also) .
Your total equity is thus: $5 x 500 = $2,500. Now, the 5:1 forward split will mean you'll still have $2,500 invested but at a share price of $5 / 4 = $1.25, giving you $2,500 / $1.25 = 2000 shares!!!
This price decrease will allow more potential buyers, with relatively smaller portfolios, to buy the stock! Thus driving prices higher again starting at the new $1.25 price!
Lower prices also means bigger percent gains (25c gain on $1.25 = 20%, whereas 25c gain on $5 would only be 5%) and your portfolio will thus be even greener!
i noticed it too, but GWBU banner is still on APS' website. From what I know, PSP is affiliated with APS and has supported their past promotions, but they are not APS themselves.
Yes, the split will be on June 22 (see their K-8 filling). That will be the record date. As long as you buy before and hold you will get the forward split. I anticipate this will lower the stock price too, but your total amount invested should stay the same IMHO.
What a day! Heavy volume! Great news: 5 to 1 forward split. Green every day all week. What a milk cow! Soon we all will have 5x more shares! Oh and Yes, I rebought at 3.45. Going strong.
I agree. SNP$ ran for 28 trading days. LEX$ for around 25, RAY$ around 20, etc SNP$ was up 100% until only after 15 trading days... It's over soon when this goes parabolic and starts doing double or possible triple digit gains for a few days in a row.
Must say this is the weirdest pumped chart ever. Dunno if I really like it (too much mind fuck so to say). Great intra day trading if you can; otherwise more red days than green.... Weird. But will all be forgotten if and when $2 cracks. APS and co are in full control.
I agree. It's (again... Aargh) basing nicely at mid 60s. We'll now when it dumps for real! Few more weeks of promo to go.
Lol! That happened to me on the first big dip too (the one to 1.10): it took a dump and so was I. Literarily. Lol. Such is life. Nothing lost though.
Thanks! I'd be on my edge too if watching a 25% drop or so. But today APS showed who runs the show: they! Nobody else. From 1.54 yday to 1.95 HOD today: +30% effortlessly non stop straight up. Then drop the bid, shake the weak hands, suck in shorts. Then boom: bid goes up and before you know it you have to either buy back at a higher price or cover ur shorts. Classic.
From1.38 to 1.69 in just the last few he's shows serious strength too.
They couldn't run it EOD above $2, then we'd all be selling tomorrow and the game would be over. Now we are all set for tomorrow! Brilliant!
$2 will come IMHO.
I agree! Up almost 10% for the day, still no $2 and tons of shorts trapped! Brilliant!!
Kudos to those whole sold at 1.90s and bought the dip. Personally I was flying from FL home to CA, and couldn't trade since on board wifi was broke... (plane departed 10:30 ET... Things were going gangbusters then , and landed 12:30 PT). By then the big run up and gap had already happened... By the time I got of the plane it was upper 60s so I wasn't too worried.
But, would have liked to day trade this sucker today: serious Money to be made. Oh well, just shows that even with no hands on the wheel it's going pretty dandy and no real need to follow each blip (and panic, which I am sure many did when it dropped that hard).
Fact that they ripped it from 1.38 back to a solid green close tells me this game ain't over at all.
Why? And so what? Take profit at $2, see what happens and re-enter if the up trend continues. If they retire somebody else will take their place. This game has no end too much money involved.
Yep! And all at the ask (0.19)! Those are some very nice $10k investments.
Btw, the ask is now at .239!
Lol! I agree. Bennie the beardo can determine a lot!
Dunno. It Would be typical APS and a short trap (people assuming the promo is over and thus shorting the ticker). The banner is on the website now.
Compared with other APS plays, this ticker has moved the least over the same amount of trading days. SNPK was up by 100%+ by now. Time will tell. It's not crashing so we'll continue. But, Several nicely green days in a row would be nice for a change.
Not selling any yet! Just watching, but getting lill anxious by now. Giving it several more days: probably till EOD coming Friday-Monday.
I've been holding since the day after the 1st announcement by APS came out... Traded it the day before though, making some $$$s, but expected more by now.
Seems like wave 2 up has started. Went long at 131.
Not sure what APS and co are doing. Trapping shorts? Seems like the shorts have been making more money than longs last few days... The APS boys were touting that GWBU was up, when DOW was down last week. Now it's the opposite... Hmmmm...
Shameless pitch for IDNG (pumped by world street fundamentals and co) if you read this APS, take a look! That's how you promote a stock and that's how it should move! No headaches, slow and steady! Lots of green! Not much churning! Easy $$$
One would expect GWBU to be at $2+ by now easily. But it hasn't moved in essence in 3 weeks... I am a patient person/investor but this Is Getting frustrating. Especially for a pumped penny stock.
That said, I will give GWBU a few more days before taking it off the table. Loss or profit; I don't care. I Can make more money elsewhere.
Thanks for the info. FYI: sold at 3.33 for >10%. Waiting for dip to re-enter. IDNG is a milk cow
Keep up the good work Garyst! Personally I am not following every intra day, dip, blip or flip. Just checking in half way and EOD. Safes me a lot of stress and not surprisingly it's still doing fine. If $2 breaks all bets are off!! This ticker's end will come, sure just look all prior, but not now! We'll have to re-evaluate again by next week's end IMHO.
Awesome! Green is always good! Told ya you weren't too late to the party; maybe it's just getting started!?
Ps: this is all under the assumption that the bottom is not in (we may now experience wave IV of 1 down, with wave V still to come). Reason we haven't seen the bottom yet is IMHO because there hasn't been any real panic selling yet. But on the other hand yesterday was a somewhat bullish reversal day. Then again, bottoms are often sharp and this rally has not really been that. All this makes me believe this is wave IV. Key level to watch is SPX 1289. If broken consistently then the bounce is likely materializing, though muted IMHO
Could well be. On S&P, wave 1 started at 1415. Say we're going to 1250. That's 165 points. Wave 2 up retrace between 50-62% of that: 1250 + (80 to 100) = 1330 to 1350 so say 1350 for simplicity sake. Wave 3 down is often 1.62xwave 1: 1350 - 1.6x165 = 1350-265=1085.
Wave 3s are often extended and could even be 2.62x wave 1.... But, let's take one step at the time: find a meaning full bottom first. Then we'll have to see wave 2 (the bounce) etc.
Looks like wave 1 down will finish soon, as we are now in IV of 1; then wave 2 up. After that, wave 3 down!
Somebody with very deep pockets. It's soon time to go long IMHO. Will wait and see what tomorrow brings. We could see a lill more down (to mid 1200s) before going north again IMHO.
How r u liking it so far!? Slow grind up continues. $3 here we come
thanks jeff! things sure are cooking nicely imho
call it what you want, but dont call me a lier, which i am not. jeeez, why are so many so jumpy on this board??? relax. i call it an article, you call it advertisement, yet it is categorized under press release. I don't call you a liar either for that. imho the real advertisements are on the right.
I have no clue, nor has anybody else for that matter . Dip, no-dip, could also continue a steady climb from here on for 2 weeks. We'll just have to see day-by-day. Personally I think no major dip on Monday, as promoters may want to continue momentum to get the side-liners in after a weekend of heavy pumping.
Note that it was up "only" 20% on Friday. In penny pump land that's not even a whole lot.
Personally I'd like to see yday's HOD taken out first, we probably go over $2 then quickly.
SF Chronicle features article on GWBU!
http://www.sfgate.com/cgi-bin/article.cgi?f=/g/a/2012/06/02/prweb9568382.DTL
Patrick Cox on ONCS: "It's an important company"; "I think it will do well."
more here: http://www.investorideas.com/news/2012/biotech/06011.asp
Garyst, on this I disagree with you. There are often plenty of shorts available for penny stocks (just ask Sykes and co.) GWBU has had shorts almost since day 1.
For those who don't know what shorts are: it's an "agreement" between seller and buyer for the seller to buy the "position" back at a certain time or price, with of course the seller betting/knowing prices will decrease in that time frame. E.g. sell it for $1, buy it back for $0.50. Hence, 50% profit! Shorts are thus the opposite of a long position (all here on this board are probably long: betting/knowing prices will go up)
By having shorts and squeezing them (increasing bid/pps) shorts will have to be bought back to protect profits or minimize losses. This buying back of shorts generates simply more buying at higher prices and thus increasing prices.
This is also why (good) investors make money on both sides of the table; regardless of stock markets going up (long) or going down (short) money can be made. It's a game with no end
Awesome attitude! Let's keep the voice of reason going. I for one will do the same and keep on posting sensical information. Like I have done before.
GWBU broke out and now we will have to see where she goes. People, please Just keep an eye on the time frame: it's a promo and it won't last. C my previous post on how long it may run before the inevitable dump. For example, if it goes to $3 already on Monday (example!) it will go much higher. If we're at high 2s end of next week $3+ should be very feasible end target for this promo.
APS knows there shit, just don't get lulled to sleep.
Agreed. SSTO is now above 80 and %R above -20, but just barely. I'd say it's bullish, not yet over bought. Also pps is now walking upper BB which is showing strength. And I am sure you know things can stay overbought for a long time.
Lol, he'll no! Just exited to see a nice close after a down-most-of-the-day day!
Yep it's coming!! Weeeee
Maybe over statement, but ONCS went from 10% down to end the day flat in the last 5min (as you know). I was looking at the daily chart and now the uptrend appears to continue: still riding upper BB and BBs are expanding instead of flattening, which would have happens at .175 close.
Anybody holding over the weekend? I am. Think we'll see more green in the coming days. This was just the appetizer! Btw folks, tree shaking will occur on the way up. Stay alert, but don't panic sell. We're half way in the promo (it's a confirmed 2 month promo, of which we've had the first 2 weeks). Why half way then? I expect more gains over the next 2 weeks tops, the other month is just to keep on pumping the bag holders so nobody can claim they stopped pumping the day it tanked...) play smart, know your exit strategy and you'll be fine.
Did anybody notice the markets tanked today!? great day to be short too! (though closed out my short positions for the weekend) Green everywhere!
Nice close! Ball game changer IMHO. Happy Friday and c y'all next week!
What's your point???