Gamblers, risk takers...want to make 5x-50x bagga? Then follow me! Mark me! Thanks!
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I own (still currently own) XXXX, and it used to have a CE for many, many months...saw all the negative posting in that board almost every hr. of the day...@ the same time the company was so irresponsible ...and didn't update its shareholders...I constantly saw words like "scam", "R/S", "dilution", etc. in that board...then suddenly the CE was removed...those who were fortunately enough to get in @ the low...suddenly make 5x the $. If you want, I could PM you the name of the company...I don't put it up b/c I'm afraid this msg. will be removed for Spam or off topic, etc.
Goo SMPP! You gonna prove it to them babe!
Roberteliates, is that a AON or a partial?
ShaneWells: Update on the L-2, it's still the same. A 2.5 mil. buy order @.0002 just went through (don't know if it's a partial or a full).
Once the CE is removed...SMPP will good up 5x+...just my estimate b/c it happened to one of my other stock when the CE was removed.
Does it also reminds u of the green little midget on the cover of the Lucky Charms Cheerio? "Opps...they are after my Lucky Charms..."
On avg. when a company issue 1 mil. additional shares (for instance), N@ked $hoties will take advantage of the situation and short 10x the amounts of shares...To them, dilution is an opportunity to make $$$.
If any investors or players are not happy with the PPS...then they are welcome to sell @ mkt. price and move on...I, myself, and many other will be happy to take your so called "worthless shares". If, however, you actually own a position here...please be smart and don't $hit in front of your door.
I agree there was dilution. But look carefully @ the word "was".
Typical story: When a company issue 1 bil. shares people will often say it's diluting up to 10 bil. When the process of dilution stop in June (Summer) in December (Winter), people still mentioning about "dilution". SMPP like many companies small & startup need to dilute or issue common to fun for future investment (that not to imply it's a bad thing).
What do or how much do you know about dilution? I owned 9 others subpenny stocks and...the word "dilution" is a typical tool being used by B@xhers to scare people...(the usual scare tactic).
VERT @.0006 and DOMS @.0015. Usually these two would set a big wall for many of my other subpenny stocks. Don't know why they would put it up so high. (Hmm...I assume they would place a wall close to NITE).
Anyways, let give potential players or new investors sometime to digest the recent news...then we will see how SMPP will perform.
CEO comments: "Industry trends, along with elements such as VMix capabilities, digital coupon provider partners and stated interest from a number of Strategic IYP contacts, just prior to a dense industry conference schedule and in line with product launch is a formula for precipitous success. The devil is in the details, as they say, and we are grateful for shareholder
support through the backend development of what we feel will be a powerful industry tool unleashed on an untapped market."
A lot of rumors out there...say that NITE is the # 1 in shorting. Don't know if it's true.
SMPP CEO Julienne Audette: "The digital coupon use is growing. Last year nearly 45 million consumers used online coupons
; that's up from the 38 million the year before, and all indications are that those numbers will continue to grow, especially in the current economy. This gives Strategic a major leg-up in terms of position and presence. The instructional videos will link back to the VSP platform, making our affiliate video production model accessible to each of the coupon sites at hand. This outcome is of major benefit to all that take advantage, with tremendous added-value for their users."
Thank for the link buddy! Let hope 4s will be soon the minimum entering pt. for SMPP.
I don't believe it's dilution. It's more like shorting. MMs shorts @2s+ (sell it to us), then buy back @ 1s (make 100% gain). Last week there were many buyers @2s and before that there were many buyers @3s & 4s. Temporary, it's MMs that want to keep the PPS down...they're playing and controlling the game (Not just for SMPP, but many other stocks as well).
If, it's dilution, SMPP should be trading @ 300 million+ in volume @ this pt. If SMPP let say go to .0004 today, then MMs (accumulated all the 1s) gonna make 400% gain or 4x the $, while some of us will only make 100% grain (those who got in @2s).
Well, I just tested with a small 1 mil. buy @1s and let wait to see if I get filled before my buddies. I will update the board on when I get filled. Thank for your answers.
Shane..., it's still the same 4MM@1 (but more like I said b/c 2 of my friends have buy orders and there MMs are not showing on the L-2...). So, it should be 6 MMs @.0001 vs. 3MM@.0002.
I'm a little confused here? So you r telling me let say if I want to sell (let say @2s) and there are 5 MMs of people (wanting to sell) ahead of me...and if I put a smaller sell vol. compared to all the sellers (assume they have a higher vol. or amount of shares they want to sell) ahead of me, then I will be able to sell my shares of whatever stock before them? TIA. I heard of this from many people but I'm not so sure about it...now that you mention it again...
Could someone please tell me if you honestly get filled @ 1s? How long did you have to wait for it to be filled? TIA.
I have a feeling that some brokers are instructing their MMs to temporarily keep this down for now so they could accumulate for a cheap price...then resell the same shares to us ...and make a huge profit. This babe will hit the run way soon...
Who is smart enough to keep selling @1s while the demand for buying is 2s? Furthermore, the 4MMs@1s (bid side) is not accurate...there are more than that because 2 of my friends are waiting to buy in @ 1s (their buy order don't show up on the bid side , b/c they have scottrade as broker).
4MM on the bid @1s: 3MMs @2s ask, 2MMs@5s, 1MM@6s then a big gap to 1MM@.0015. Hope that help, because I don't know how to copy/paste chart.
3MMs are showing on the ask @ 2s (NITE, ETMM, and AUTO). Volume for today is not that bad. 18 millions in half an hour.
Probably it only take a few millions shares to take out those MMs @ the 2s. Seems like a very active day for SMPP today...let keep this board alive too. =)
SMPP is currently @ 2s right now! It double up since it last closed. Breakout soon.
Any lucky buyers here got some shares @1s? Please people, let hit the 2s so we could move up...it's so thin after the 3s. Go SMPP!!!
Good Morning everybody! I hope we will have some news this week that could take us back to .0005+, then we starts from there.
Yea, I also hope that MM are buying all...and make the float drys...then that would be a very nice set up for a big breakout.
Well, I guess we all wish we could get in @ 1s...but only a few of us are lucky enough...go SMPP!
I got in @ 2s what about you? 3s and above? I saw a lot of buying @ 4s+ a fews week ago. Hopefully it will have some more good news coming out next week.
Funny thing, I just added this stock to my hot list this morning. Maybe in will get in a next couple of week. Currently I have more than $200k spent on other subpenny (kinda have a little cash flow problem @ this pt. LOL!) But, I will keep an eye on it...
I still have about $40 in IKTO! If you are willing to invest long term, then it's good. But if you look to flip in it, I won't recommend it b/c the volume is very low (It could easily be manipulated by a few, so beware). Honestly, I think it's better if you stick with SMPP because of the recent news or those in the top 50 breakout boards. GL!
Three of my other subpenny stocks also had no bid., then recently got back on track...Just hope that FFGO will do the same. It's just a matter of time...GL to us all.
Let just hope so, the 2 day after it went to no bid (around Aug. 18th), I spent an addition $9k adding, but it didn't make any different...couldn't even take out 1 of the MM. Some damn brokers instructed MM to short the hell out of FFGO. =(
Thank buddy! I have more than $200K all spread out to 9 different penny and subpenny stocks: FFGO, IKTO, GBOE, SMPP, etc. Hoping one or two of them will pop!
Thank for the head up...I was planning to throw $2-3K in it...but now I have to rethink about it. I'm hoping that SMPP will breakout this week so I could get so profit, then further add my position in FFGO (dead stock with no bid now =( )
I sold a quarter of my position in GBOE and made $5K last week. Then I put a huge amount in SMPP and just like you hoping for it to breakout.
I will have to look more in SNRS. Currently I have a large position in SMPP and maybe going to add some more if it reach .0003 this week. Also keep an eye on FFGO.
I would keep an eye close to SMPP than SNRS! SMPP has more potential to move up than SNRS.
FFGO will soon get it bid back. It's moving up on the breakout board right now.
Consider .0011 is very cheap because my overall avg. for IKTO was .002 (This was when the CE still in forced). Damn! I hope the CEO of SMPP will also update the company info. to help remove the CE too.