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It is very true that most in pennies come in quickly to make a buck and leave quickly when that oppertunity is gone. They take their money elsewhere to try there luck on another play. This is the norm for pennies. Always has been. Most don't want to stick around waiting. Especially if they think there are possibilities elsewhere. Almost all pennies die slowly and most know this, so it is a big gamble to stay in a penny for a long period of time. Weather this play pans out only time will tell. I truly hope it does because it has great potential to do so. I myself have lost plenty on plays that I have stayed in for along time. Its a big gamble. I've had the most success selling after a profit, and not buying back in. The stocks I sold at a good profit eventually went down,down down. I haven't seen any pennies that eventually turned around after along period of time. Will this one? I sure hope so because I have alot invested in this company. This is why low volume and interest have dried up. It will take something big to turn things around. IMO
Does any one know how many restricted shares Garr has? Who thinks he will dump them all? I think if pps is strong he will only dump some of them. If he see's pps going higher when the time comes he will want to hang on to them.IMO
Today's a sleeper. Low volume. I think selling is done. Lets get some buying going!!!
Also, we need some really good pr's to attract new investors. Alot have left. It would help the pps big time.
I see most pennies are up today. Good. We need a good green day to get this stock moving and to bring back some confidence to people in this stock. I wish we were at least at .0005 to .001. At least it would bring some more value to the pps. I don't think we will go below .0002. There are alot of buy orders in at .0002 and it would be a gift. I think the next 4 months will be great. I want a big christmas gift and this might be it.
Its nice to see people coming back to their sences here. It just shows how quickly sentiment can change one way or the other with rumors. When sentiment changes thats when you need to be on the right side of the stock. I believe with this stock sentiment will change quickly when the pps starts to move up. So many buy and sell on market sentiment. Thats when you have to be really careful and question your motives before you do anything. It can cost you big time.
Heed... I feel the same as you. All this stock needs is some good news to get it moving. Its just a matter of time.
Sentiment is pretty low around here. As old investors move out, new ones will move in who see potential here. I've been here before with other stocks. If this company didn't have revenues I would be out of here too. There is still hope here, its just going to take longer than most want to wait. Remember, this stock has been at these levels before and moved up. Something bad hasn't happened to make the pps slide down. I believe sentiment in all stocks is very low right nows. People are sitting on the sidelines. Investors are waiting for the right time to get back in. All that is needed here is some good news. Again nothing bad has happened. That is usually the case for most pennies but not here. People are just upset because things have not unfolded like they hoped. Welcome to pennyland. The land of the unknown. Get used to it.
Those who bought more at this pps will either make big bucks or loose all. Its a fifty fifty bet. Time will tell. Im willing to take that chance and load up. Ive been here before on another stock. Bought more when most sold and had a big payoff in the end. Its just a matter of being patient and having nerves of steel. That's what pennies are all about. Fun, isn't it.
I tried to buy at .0002. No fill yet.
Living.... Right on. You can either be a lemming or see past the crying. I tend not to follow the crowd. Even when pps goes up alot I tend to sell while the crowd is saying it will keep going up. Be here for your your own reasons. Don't follow the crowd. If you want to sell do it for your own reasons. Thats why a small few are always successful in pennies. You have to see past the crowd. Not all have that ability. Do you? Time will tell. Thats why I don't post much here. If I didn't like this stock I would have sold it along time ago. Like I said the dice haven't fallen yet with this one. IMO.
What happens if you sell at .0002 and it goes to .0004? House of pain. At this pps I am not selling. Why? It would be at a loss for sure. Im going to sit tight till the end of year. Who knows what will happen from this point on.
What happens when you sell at .0002 and it goes to .0004? House of pain. At this point its not worth selling in my books.
Almost all pennies are doing crappy right now. Look at the markets. Like I said before, in the fall true investors will jump back in the markets. No one wants to be in anything right now. Im not selling till the end of the year. If the pps decides to go up everyone will want back in. If you sell now it will be at a loss. We all know pennies are a gamble. The dice are still shaking on this one. They haven't fallen yet. Look at the other pennies. Their all suffering.
We are all upset. CMF dropped again which means most bought hoping to make a quick buck this week. Well these stocks can be frustrating but you know all pennies have their day on the markets. If this stock goes up it will do it quickly. Of course no one knows when. I know its at the bottom because how much lower can it go. I bought more at .0003 and hope to get more at .0002. We won't see pps going up till fall and christmas. No one is interested right now which to me is a good time to buy. Fundamentals are still good here. Long term im not concerned. IMO
Patd100....I agree we are in a holding pattern. .0005 seems to be the base we are sitting on. I also think things will be quiet until good news comes. Thats fine. I am loading up with more at these prices. You know how pennies go, when this thing takes off everyone will want in. Some never do take off, but I think this one is building momo, big time. All things are on the up and up. Nothing negative. Just people getting impatient. Most get into pennies to try and make a quick buck. Investors are always moving around. When ever a stock starts moving, radars start going off and people quickly flock to it. Our time is coming.
Untill positive revenues and profits are relized here the pps will go nowhere. All these shells are the same. Huge potential but also huge debt. Don't say they don't have debt because it just didn't dissapear. Its there. This company has been in the red for along time. They have no cash. So then how do they pay their bills every month? The answer is the same for most pennies. IMO
35mil. in sales over 5 years.The company I work for has more than that and its a small company with one location. What about profit. Thats what matters. Like I said this company aquired to much debt to pay its bills. To me thats scary.
This stock has too much debt and no revenues for me too be interested. If the only way you can pay your bills is by selling shares, and each month getting worse that is a big red flag for any penny. Correct me if im wrong, but all pennies have lots of potential, but that in its own does not make them successful. If there is some inaccuracy in what I am saying please correct me. Just seeking the truth.
Time will tell here. These stocks can go one way or the other.
One thing I learned along time ago with pennies. Positive revenue good for companies.Excessive debt bad for companies. If the only way you can pay your bills is selling shares you have a big problem and if every quarter is worse you have a bigger problem. IMO
I don't like it when 10Q's say this company cannot be a going concern the way things are going. The company is spending money at a rate that will sink them. Selling more shares will only give them more money. If things have changed please tell me and I will be interested in this company. Have seen many pennies like this before. They usually die. What is differen't here?
So your telling me this company has no dept and only has positive cash flow?
Read the last 10Q in may. Not very uplifting to me. If something has changed since then please let me know. I would be interested.
It always proves that people sell for their own reasons. Some have to because of obligations they have to keep, even if the long term prospects are good. These types of stocks move quickly in one direction or another. Thats why you need nerves of steel to hold on if you can see past the storm. Im still holding my 9 mil. but also am getting impatient. Hopefully we will see the pps move up by the end of the year. Past that, who knows.
What next milestone are we waiting for that could get things rolling here? Also when are financials due out? We all need something to look forward to. Call it hope. Thats why we are all waiting isn't it. Thanks
Ebiz... This company is in the right place at the right time I agree. Its just going to take time and alot of patience for investors. I have moved this play to my long term bin. Buy and hold is the advice with this one.
Well we still are where we were a couple months ago. This is getting real boring. I hope we have some movement soon. I don't know what its going to take. Mabey when financials come out next quarter. Very puzzleling. Whats it going to take guys? I sure don't know at this point.
Van. Lets hope so.
The only pressure I feel here is a big fart coming. This stock has gone up and down a million times. It has to get past .001 before it starts moving. Needs a breakout. IMO
Chud...exactly.
Every stock site is the same. PPS up, party time.PPS down, crying , backstabing, whinning, cut down the company, etc. Grow up you guys. It shows how many here shouldn't be in pennies. They don't have the stomach for it. This is all part of it. Always has been. Those who know have no worries here.
Someone was selling today. Some do for their own reasons. I bought for my own reasons and am holding. You do what best suits your needs and investing style. Im holding this one at least till early next year. Don't watch the day to day to much. It will drive you crazy.
Patience boys. It will pay off in time. I know this from other good pennies I have had. When pps explodes, you won't have time to buy low. You have to be in now. If the pps moves up suddenly, everyone will quickly jump on board to catch the ride.
If pps starts going up you will hear from the company consistantly. Always happens with pennies.
RSI turned up more today. Looking good. I agree, a weird trading day today. Its like a sucker punch. Something is going on or someone is trying to scare us to sell so they can buy cheap shares. This kind of trading pattern usually has a breakout upwards. Don't sweat the day to day. It makes no sence.
Crazy volume today. When I checked it at one point it was over 40 mil. Then I checked again and it was 36mil. Whats with that.
Heed... Just a matter of time. Then boom!!!
Very low volume today. Whats with that? More accumilation mabey. I think everyone is waiting to see what the revenue projections are going to be. I think they are going to be very positive. When all these revenue streams start flowing in things will really heat up here. IMO
Lets hope for a nice green day!. Later.