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Well, you know that all depends on IF the company continues with this practice. And look at the market value, it was over 7 times higher a few months back. Just saying, the trend is down, and rather steeply I am afraid,,,for you. I will wait for a good entry point once the dispute is settled.
cheers
Gee mallard, if you would just stop reading my posts, you would not have to be pestered. LOL
My god man, that's like saying, "I gained weight in the past, but not in the last few days." YOU'RE STILL FAT TODAY!
Oh please explain how you think there is no dillution.
thanks in advance.
Well if you like charts, look at the trend. Every high is lower, and every low is lower. That looks bad for the near future. At some point, good news must surface, or this is heading much lower.
cheers
nefyn, I read that link that you supplied, and I don't want to be difficult, but the S/S was said to be accurate. Well accurate doesn't necessarily mean undated. The figures can be accurate for the date mentioned, but what about TODAY?
Or has the share structure just not been updated?
I don't quite follow your analysis of volume and price. If you look at where the price was a few months back, around .01, the volume was actually much less than it is now. In fact, the volume totals for the months when this pps was at it's highest, was LOWER than what it has been for the last few weeks. To me that spells dilution. I am afraid that I can't agree with your opinion unless you give a more detailed explaination.
Thanks, makes sense, but don't you agree that even just a PR from management stating that development is moving according to plan would have kept this from falling as it has done? You know, keeping the stock price as high as possible is good from many standpoints, especially if you are using stock as capital.
Well if YOU don't care what I say, STOP READING WHAT I POST please.
Now, for more important matters. It seems that despite yesterday's move on good volume, the trend is going lower. That is to say, you see lower highs, and lower lows. That must be attributed to the rather deafening silence comming from management, coupled with what I believe are many more shares comming on the market. I will keep an eye on this, if it gets any appreciable gains to hold for a while, I may get onboard.
cheers
that was kind of strange today. just a few minutes after I posted about how the company had lost 40% of market value in a couple of weeks, the stock pps jumped 40%. did my b-tching hit a nerve somewhere? just asking.
Charts certainly do have value, but do they take into account dillution? Just asking.
I can't wait to see the UPDATED share structure. Anyone else care to GUESS what that will show?
Hey, did you read the part about how it seems that I have been PROVEN RIGHT by the FALLING market value? Anyway, we are all guessing, otherwise it would be just inside info.
cheers
About 45 days ago the OS number was around 462 million, float around 100 million.
But be aware, the AS number is 960 million. It's my guess that by now the company has put another 200 million or so on the market by way of using shares to pay debt, and it is my opinion that they were NOT restricted, so they most likely were immediately sold on the market. So IMO, the float is now close to 300 million. This may go on util the full 960 are out there.
It has been my opinion that without any good news being issued, the share price will fall faster the the new shares can absorb them, thereby creating a LOWER market value. If anyone cares to look, they will see that in the last few weeks the market value has FALLEN around 40%! It's like the gov. printing its way out of debt, just causes inflation, (in our case a falling stock price per share). I have taken heat from others on the board for bringing all of this up, but I seem to have been proven right so far.
So, to answer your question, WAIT A WHILE, you will not regret waiting.
WEll mallard, perhaps you can explain to the board why you think dumping shares on the market by this company WITHOUT any positive PR is helping? And can you explain what will reverse this falling pps when there are still around 500 million more shares authorized and YET to be dumped? Please, no personal slams, just facts please.
Well, there you go, IMO more shares issued for payment to creditors, and immediately dumped on the market. Looks like these shares are not restricted in any manner. I'll maybe check back in a year, if this is still trading, then see what it looks like, hopefully, new management by then.
Seems that the pps is telling me I have figured it out, correctly.
Yes, and if I am wrong on the AS count, please update.
well, it's not all past yet. There are still 500 million more AS to come. When will they stop dumping them on the market without any positive news? It can only make the pps drop like a rock. As far as being a wise trader, it was wise to get out when I did, but should have been earlier. I will only get back in when management does something smart,, as opposed to this dumb action.
I really hate that I didn't get out of this sooner. They are in the process of dumping millions of shares on the market, and they aren't even half way finnished doing so. It will only get worse dee, and no, there is no need for shorts to cover.
Wow, I am glad I bailed out a few weeks ago. This is in serious trouble. I was thinking of getting back in if it leveled off, but it looks like it's going to zero. No press releases for a while now, means no intrest in really developing this company. Hate to say it but, this may have been a scam. Oh well, good luck to those who really believe.
those who sold yesterday would be my guess.LOL
What pray tell is rediculous about it? gekko did shout about how they would exceed the target didn't he. just asking.
WILL GEKKO COME AND APPOLOGIZE TO THOSE THAT HE LED DOWN THIS DEAD END ROAD?
Im bailing today, and that's nearly 4 million shares, just so you'll know. The dumping of massive amounts of shares on the market without any sustaining news is to say the least, very counter productive. I want no more to do with this company. Even a super product can't survive incompetent management.
Well, it does go to prove just how uninspirational your many posts here have been on the stock price.
I was going to get back in when this reached the .02-.03 area, but not now. Maybe when it hits the .01 - .02 area.
The issue now is, will the company keep putting more and more shares into the market without any good news to support the pps? So far, there seems to have been around 300 million shares added recently, without anything happening that would keep the pps from falling as they add. IF this continues, well, pps may be cut down to a quarter of where it is now. There are still around 450 million or so AS that haven't been added. Hope management can see the folley of what they are in the midst of. Sooner or later, they will force those with large holdings, to dump those on the market too.
krauz2, this I think is a great long term investment. The company is in the developmental stage now, and it is a good time to accumulate a position. Periodically you could trade on surges in pps, but in the long run I think having a good size core positon will pay off big time. I have close to 4 million shares so far, some I may trade if there is a price spike, but most I will keep for the long term.
How's the filming of Havanna Heat going? LOL
If any of you know how to interpret the money flow index on the chart, please see if you agree with my read. I think the next few trading days will produce a major spike in the pps. if it doesnt' the pps will still not drop much, meaning now is a golden time to build up a position. I am over 3 million now and want at least twice that before springtime. In other words, risk at this price is low compared to reward. Full disclosure, I will trade some of these shares on a substantial spike.
cleveland, were your posts removed today? And what specific tos did they violate?
This company has a product that is going to be big. By spring there should be some news that sets up the business going forward. Also the chart shows via the money flow index that there is lots of interest in holding this stock for the long term. Once this has started climbing, it could be huge. I for one will accumulate while I still can at such a remarkable price.
You can most likely get .03 for your shares this week, not so sure about next week. That is, if you aren't selling too many shares. LOL
Well, just thinking that's how many shares you need in order to become an Aquastar millionaire by the end of this spring.
Anyone have more than 3 million shares yet?
you wrote, the plan took a nasty unsuspected turn when snipes went to prison. Really? wasn't it common knowledge that he had already in fact been convicted when empire signed him? that snipes lost his appeal was certainly not unsuspected. now that begs the question, where was empires' back up plan?
that's what I thought, and why I cut my holdlings and will only get back in when the pps hits .01-.02 area, and after the management makes amends for it's terrible screw-up.
"SELL SIGNAL"!
If ever there was one, when one of your main stock owners is call "OLE BROKE AZZ"!
Not sure I get which poster you are refering to. But as for myself, I am sure the two or three posters here will not make much of a dent in the stock price. However, the 10Q will be read by many real investors, big money if you will, and they will not touch this stock, therefore only little guys who want a quick flip will be here, and that spells falling stock prices.
cheers.