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'Motherhood statements' cannot be "taken to the bank"
Opp
When? What do you know? Care to share it?
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What are they "waiting and watching" for, can more news be any bigger than what we have just received?
Agreed, more work still to be done. The OS is another issue as you correctly point out ...
Looks like 'buy the rumor' factor in ETIM's price is finished - that took us to 0.008 back in April on decent volume with only promises. Today some of the key promises are real, we have AFs and an OTCBB PR, but look at the volume - relatively LOW. And look at the price appreciation - not even above 0.065 yet. MMs and big buyers still wait and say "show me the money" ...
Technically, we must take out 0.065 in the next day or two, or back down we go ... for who knows how long ...
JMHO
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qas, I also think (unfortunately) that 'big buyers' don't just need AFs and OTC BB, they also are waiting for bottom line earnings on the financial statements. If so, we're in for the long haul ...
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No, that doesn't make sense. They either buy in volume or they don't. Has nothing to do with flippers. The MMs can easily tell their 'big clients' to buy - so far they have not. It's disappointing so far IMO ...
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No real volume at 0.006 - strange. The 'big buyers' we need are not here yet, wonder when/if they will be ...
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Nice chart + analysis MKA, agree 100%, thanks and much appreciated.
Need upward price follow thru with volume EARLY next week, or we go below 0.004 (ouch)
IMO
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Hey Bee, you should delete your own post!
The Dow is a separate tradeable entity, just like any other stock - hence discussing its ups and downs is TABOO on this board!
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That reply doesn't make any sense IMO ...
I agree, that certainly makes sense ...
Everyone will see the "concrete evidence that the company is not the exact same one they invested in" if the share price descends to 0.0010 while we all wait for the AF's ...
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RaceAce, what school of technical analysis did you study at???
"gas, your wasting your time, better buy in now or you will miss your opportunity!"
Maybe you can sell some of the dead professors at that school you attended some posthumous EI urns
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Yes qas and y0 - that is exactly true and I know that both of you understand that, unlike many here ...
"The more the company stays silent the lower the PPS will go - No sense in buying any shares"
Well said ...
GLTY
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TFN - Great reply! LOL
What is "the board's" explanation for yesterday's carnage?
TIA
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qas - technicals look grim, despite what the eternal optimists say here ...
... coulda-shoulda-wished-i-hadda flipped half or more a few days ago, but was away on a biz trip ...
Oh well. Maybe I'll ask for the share certs to take to my grave, the AFs and uplisting may take that long (and I'm younger than 50, by the way)
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peterrush - I am "on board" and do not think that yesterday was "another great day" ...
Heppie - why do you equate "responsibility" with "opportunity"? Buying Oprah an urn is no one's 'responsibility' - it's a 'golden opportunity' ...
I would guess that you are a lawyer rather than a businessman ...
Opp
I live in the Middle East and I also do not 'live' on this message board ...
I am also not the ETIM board moderator ...
And unlike many others here (including peterrush, Martian Lurker, etc), I do not have HOURS of my life invested in ETIM ...
Nor do I have that many shares - 2.2 million only ...
Now, WHO should buy Oprah an urn for her dead pet??? You're kidding me, right???
I still can't believe nobody on this board has caught on to how valuable this could be - and I still can't believe no one has done it yet ...
I would encourage the 'long and strong' crowd here to think about it for a few minutes ...
See ya in a couple of weeks
Opp
If some of you really do own as many shares as you claim to on this board, then I can't believe you can't see the potential advertising value in buying and giving Oprah an urn for her dead pet - and just buying it yourselves. What's a pet urn cost, a thousand bucks?
That cost is nothing to someone who owns $20-$30k worth of ETIM shares (or more!) - that's just basic business economics 101 ...
Moderating a board costs you MUCH more money - in terms of the value of money-earning time lost - than buying Oprah an urn for her pet
JMHO
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Surely SOMEBODY is going to buy Oprah an ETIM urn for her dog??? Seriously, am I the first person to suggest this on this thread?
Which one of the "long-and-strong" moderators or supporters that live on this board here is going to take the bull by the horns and arrange to get Oprah an ETIM urn for her deceased pet???
It's an absolutely superb advertising opportunity ...
Opp
Are YOU the EOD tape-painter?
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Another "great day" today?
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REALITY CHECK: would you have thought it was such a "great day" to drop down to 0.035 (!!!) when we were at 0.065 in early July with the chart poised to break UPwards on the slightest bit of good news?
I'd say it was a "regular, predictable day with some interesting MM manipulation" caused by PR'd delays to AFs and by the MMs taking advantage of that, rather than a "great day" ...
ETIM is by no means out of the woods yet. Sure, the bounce off the 200 MA was a good sign, but it was contrived. So was the 0.0055 close (on weak volume).
The PPS is still very fragile, all that matters is Clint delivering AFs, an uplisting and some decent sales numbers. I'm betting he'll do it eventually. But as for today's price action, it was another predictable MM-manipulated day in pink pennyland ...
JMHO
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Agreed 100%, qas. The technical test of the 200 MA was too perfect IMO, it was clearly orchestrated by MMs. They have control. Clint has some influence, but only 'monster' business developments/PRs are going to take us to the next PPS trading level. I'm waiting (and hoping) for that. Otherwise, MMs will play with the PPS like a cat with a mouse ...
We need (for example) an exchange uplisting, some huge sale figures (with bottom-line profits), a new mega-partnership deal with hard numbers, etc. Then the MMs will lose some of their grip ...
I hold on waiting for one of these PPS pops ...
Otherwise, it's sub-penny land for the forseeable future ...
Opp
Don't fool yourself - most of those trades were likely just between MMs, to create an illusion of selling and to draw in retail sellers ...
... this time their usual plan doesn't look too successful, only 35 million traded. Now let's see if they try and short it heavily ...
Opp
The term "urnholder" is now appropriate for us ETIM shareholders (rather than "bagholder") ...
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Good luck with your posts on this board, qas. Superbee is an excellent moderator - I will let the rest of my comment remain unspoken
GLTY
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Here's my thoughts, Bee
Soccer in Europe is WAY bigger than any pro sport in North America - and many on this board probably know that. I lived and worked in Europe for several years - soccer is a RELIGION, fans take their teams and dedication to a new (cult) level in Europe - buying a team urn or casket will be mandatory for many fans!
Good move ETIM!
Opp
Now, does anyone still want to argue with me that the MMs control the game here in pennyland??? They had the ETIM news this morning LONG before we did, in fact many MMs probably had word of an imminent PR even yesterday ...
Those here on this board who think they can influence share price with their "slap the ask" buys and sells are naive to the extreme, IMO ...
GLTA
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Now THAT is good news IMO, thanks. Most stocks I've followed typically do poorly (if you're long) when they're on the SHO list, because the MMs usually know what's coming (good news or bad) well before we ever do ...
JMHO
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Hope you're right aboiut EI catching the MMs with their pants down - but I just hope they do that before we go back to 0.002 (!), because even if we catch them with their pants down then, they will have still probably made a pile of cash by shorting the stock down to that level and covering at least some shorts before the AFs ...
C'mon Clint buddy, make some urns with NITE's and SBSH's names on them. Wake up Dude! Let's have a PR soon!
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Bee, MMs typically trade between themselves to create impressions and lure the retail herd into their schemes. Look at PBLS today - they ran the stops and cleared out a whole ton of folk who (foolishly IMO) had sell stops on a pink sheet stock ...
It's a game, the MMs have control. This is why I'm always after Clint to hit back at them. I know their games and they are not our allies. Try futures trading for awhile, if you haven't - MMs make a living off indiviual investors ('small fish') who trade one or two contracts at a time; similarly, they also make a living out of stuffing individual investors like us who buy pink sheet stocks. Look how many pinkies go down the toilet - taking score of individual investors with them ...
Sad but true - I'm not trying to spoil your day either, by the way. I still have money in ETIM because I think they have a chance to shaft the MMs and their naked shorts - still looking forward to that day, just wish Clint would be a little more proactive about scrapping with the MMs
GLTY
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Silly again IMO ...
"The ones that bought in the 4s are less likely to sell than the ones that bought in the triple 0's"
If you bought in the 000's, you should have at least sold some by now and taken profit, greed is most peoples' downfall.
Similarly, many who bought in the 004's have been, and still are, sitting on dead money for the time being. Successful investors don't like to do that either.
Your statements may speak for yourself, but IMO you shouldn't presume they speak for the greater investment community, nor do they answer any of the trading behaviours and patterns we are seeing now ...
Opp
It's really many varieties silk - it only feels sandy to a few of you ...
I guess we shouldn't use charts then, like many on this board suggest (since many flame us whenever we point out something negative on a chart). Bullish cheerleading is probably better ...
"Go ETIM"
Nice post qas. But you have tackled something more difficult than changing the SEC naked-short loopholes - and that is to get the non-chart believers on this board to listen to logic and understand charts
GLTY!
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Silly reply ... see ya ...
Disagree, y0, but that's OK ...
If the price bleeds down to 0.001 on no news, which is common for many pink sheet stocks (not ETIM I hope, but MANY others), then you either have to hold on to your shares for eternity (and often watch them go to 'zero'), or, you sell at a big loss if you want (or need) your money back.
If you cut yourself and don't stop bleeding, even on low blood volume, do you just let yourself bleed to death, or do you go to a doctor and ask him why you're still bleeding?
If the chart for a stock is bleeding on low volume, I show the same concern as I would if it was my own blood (after all, it is my own money)