Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.
Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.
That's good news for shareholders....I think this is one of the few times that the company has spoken about investor relations rather than their product. This shows that they are cognizent of how important the investment side of their company truly is, and that they haven't lost the focus that is needed to strategically grow their company in other ways besides brand exposure. They realize that investor relations can be just as important at times than the brand itself. These guys have the total picture in focus. I also think that the decision to reschedule the underground cage fighting tour is prudent if they don't believe that they can put on a best of breed show. I see no negative ramifications to that. I applaud their forthcoming and transparent release of company news. Remember folks, it's the focus of a management team and their employees that drives profit and success in a company. This is just one more example of that focus and drive to succeed.
-Dave-
I watched spike last night too. Take note that it was held in a casino..most of these events are. I'm sure there is a valid reason for that. And the only reason that comes to mind is money. I can't quite understand why people are unsatisfied that it's not being held in a 'superarena' setting. Especially at this point in the life of this stock. The money comes from the PPV and residual merchandise, dvd sales etc. The AOW casino event should be able to be pulled off at an enormous amount of profit to SSPE. I still believe that the casino setting will provide a better environment for a top quality production. Last night when watching Spike, I never would have known that it was being held in a facility that only holds several thousand people. To me the TV veiwer it looked like their were thousands and thousands of people there. It looked like everyone in the world was there and it made me feel like I should have been there too. That's the environment that I was trying to describe several posts back after AOW3. It is contagious and lends itself to substantially increasing the fan base. What's more, our AOW4 event will appear the same to the PPV veiwers as the UFC event last night. They won't know the difference, and that's the key. Every MMA fan compares every brand and league to the UFC..they are the ones to beat. After watching AOW4, I believe they are liable to say 'that was just as good' and just like that you have a new fan and possible a new investor. We're gonna get there..it's quiet today so far but, try and look down the road just a little bit. We're not far from the interstate. GLTA.
-Dave-
Me too..once again the stock should have tanked and it held. Still lots of manipulation but, everybody knows my take on that so no need to rehash. I still say that we should see something dramatic this week..maybe not the big moneymaker and maybe not a crash through the basement..but, something will occur that should break it out of this trading range. It's time for it and overdue. Everything is primed for it..the pps is holding, the oscillators are tweaked out, the news is still good, lots of positive speculation about different possibilities.....it's just time. What else can I say. I know that it's gonna do what it wants to do when it wants to do it but, how long can you hold a spring down before your fingers start hurting? Every day that goes by we get that much closer to the big one. Someone is gonna get paid when it goes down and we are gonna be there to benefit. They're not getting my shares until I say they do and I'm not giving them back until I'm in the mad green!
-Dave-
And heeeeeeeeres NITE!! damn.
MM's doing a lot of pre market jumping around..resistance today is .03. If it blows through that the next resistance will be .05, then .08, then .10. It we make it past .10 in the coming days it's on!! Look for the top ceiling to be in the .30-.35 range. Remember to sell into strength! GLTA lets make some money!
(Kevin I'll try and call today)
Wow!! So this was in the works back in January??!-"SUN Investment Banker and Broker Dealer, Titan Securities Inc., President Brad Brooks stated, "SUN has a very compelling business proposition and we are very excited to help in playing a role in their future." Titan Securities will be providing Investment Banking services as SUN looks at potential acquisition opportunities as well as Broker Dealer services for the Company." This furthers my belief that nothing is going on here other than a culmination of agreements and deals and the realization that this stock will move at it's own pace and not mine. That was 9 months ago..That tells me also that I am right on when I say that this stock has not even begun to walk, much less run. Chris, Futures... We gotta stay in this thing no matter how painful it gets. If they were laying investment/finance plans 9 months ago, they are planning 9 months out now too. Who knows what that might hold!! I said to myself that I would give myself a year on this stock. I think I'm gonna prove myself right, this thing will cook off within a year...no doubt!!
"We are under a hard line of very long term resistance and a number of strong attempts will be necessary to get through this tremendous area of congestion. Although technically speaking, as well as fundamentally, conditions still look right for an initial entry point or for those looking to add shares. One never knows when news will be released so buy the ask, sit tight and PROFIT."
Exactly futures! We have a very, very, strong ceiling between the .03 and .04 levels...if one has accumulated an enormous position at those prices then it wouldn't bother them a bit to flip it for a penny per share profit. Our rubicon will be when enough buyers are around to soak up those shares when they are dumped back into the market.
I agree with you futures..The million or so shares that went through before the close were almost certainly buys. My OBV, RSI, and CCI spiked like crazy when it happened even though the trades were mostly zero-plus ticks. This was more of the same..someone getting their shares at the price they wanted them. Of course, there is no certain way to know for sure but, based on what we have seen in the past several weeks I believe we can be reasonably certain as to what today's late volume was all about. In any other stock that much volume coming through in that amount of time would have either crashed the stock through the basement or shot it through the roof. The pps per share didn't change a bit!! What does that tell you? I know what it tells me...more manipulation. But, on a more positive note...especially for those chartists out there..A bearish spinning top developed on the chart today..not a good thing, except for this stock....on 07/09/07 SSPE opened at .047 and closed at .045 with a low of .041 and volume of 966,326.(bearish spinning top) The next day, 07/10...SSPE opened at .05 and closed at .079 with again a low of .041 on volume of 3.7 million. My point is that this stock rarely follows 'traditional' market logic and behavior. Sometimes it does and sometimes it doesn't.It truly is it's own beast and marches to it's own drum. I think that's why I love this stock so much. I love knowing that every day I can be surprised. In any case, watch this one veeeeeeeeery carefully tomorrow and the next day. Today's abnormal activity was a prelude to something. I believe that something is gonna be good due to the fact that the volume occurred on down and zero plus ticks and nothing happened to the pps to the up or the downside. I don't know about y'all (NC,sorry) but, that hits me like a sledgehammer in the head. Stay alert and GLTA!
-Dave-
Good to hear from you Jackal...I was getting worried. Yes you are the lucky one. I'm waiting for some other funds to settle and at that time I'll be adding to my position. I know I have broken almost every commandment put forth by the great ones like Livermore, Oniell, Cramer, etc. with this stock. But, this is my 'spec' pick of my portfolio and I allow myself to bend the rules somewhat. I go into a 'spec' with profit from other stocks and with the understanding that it can go to zero. If it does, it was on me, I don't blame anyone or anything but myself. In any case, I believe that this one still has alot ahead of it. Like I posted before..until this stock has more history behind it and finds it's true trading range, none of us can form an educated opinion on it. SSPE is a baby learning to walk...to those of us who have kids..visualize the first time your baby stood up and walked a few steps before falling back down and crawling. That's my visual reference to the big spike back in May and it's current performance. That's what keeps me in this one. It's still learning to walk and at some point it will run..it might stumble and fall after that and never get back up. But, that will remain to be seen only after it runs. To this point, it hasn't run..just trotted a couple of steps. GLTA
-Dave-
Not a bad day today at all...for the first time in a couple of weeks we finished with the buyers fully in control. I'm not going to speculate on the price movement for the upcoming trading days. All I'm going to say is that this is going to be a very important week. We're expecting the PPV numbers this week...My personal expectations on those numbers are not very high. Not because the event was no good but, because the brand has not received the exposure needed to deliver blockbuster UFC style PPV numbers. Which, I get the impression that is what people are expecting. The only way that goal can be obtained is through more events, more advertising, and more PPV's. Therefore, I am not going to run for the doors if the numbers aren't quite stellar. Honestly, they mean nothing to me at this point. 6 months from now and no steadily increasing PPV numbers then I may reevaluate my opinion. But, for now I am relishing the fact that I have a very large position that I intend to increase substantially in the next several days in a great company that is breaking into the fastest growing sport in the nation. What more could a speculative investor ask for? I don't intend to run for the door until I have unimaginable profit that I would be stupid to squander or, I see or sense that the company is beginning to fall apart. Personally I believe I will make my exit on the former rather than the latter. Even then, I plan on leaving a fair amount on the table in order to continue to gain from the growth of this company. There is just too much going on with this stock to even consider leaving now or anytime in the near future. The several more PPV's this year, the video game, the deal with Titan, DVD and merchandise sales, newer and bigger sponsors, the Mark Cuban factor, etc. etc...I could go on and on but, I think you get the point. Am I a pumper?? You bet!! I am absolutely pumped on this stock. No one has accused me of that but, I'm sure there are some who may believe it. If you are one of those who believe I'm a pumper you are entitled to your opinion. Just as I am to mine. My only goal is to try and point out things that might not be as obvious at first glance as the pps. I believe I have been very objective in my opinions on this stock. I try and point out the negatives as well as the positives. I just want to put the 'negatives' in perspective and portray them as just a small part of the bigger picture. Which, is that this is a brand new company taking it's baby steps and testing the waters. We've all seen the PPV or maybe even attended a live event. I think it's reasonable to assume that if you enjoyed the event/s so did others. You will purchase the next PPV or attend the event and so will they. That's exposure and that's what is gonna make this stock fly. I want whoever reads my posts to say 'hey I didn't think about that' I want you to feel better about your decision to invest in this company and I want you to make money! That is the name of the game isn't it? I can't wait for the day that we can discuss how much bank we made on this board instead of griping about the pps. Just for the record, griping isn't the same as bashing..selling your shares because you are not comfortable with the pps is not bashing either. I just don't want those who have expressed displeasure with the pps or let us know that they sold their positions to be accused of bashing. By me or anyone else. We are all in different financial situations and we have to make decisions that are best for our own individual needs. Anyway, sorry if I digressed a little there. The point is, I'm still in big and intend on getting bigger. I still am solidly behind the company and it's management. I just want people to think twice before hitting the sell button on bad days which, I'm sure there will be more of. I don't think they will be as bad as the last couple of weeks but, I have to expect them. Days like today, as unspectacular as it was, still rekindles the fire I have in this company, re-centers me and reminds me why I'm in this stock.
-Dave-
American Bulls posted a confirmed buy today! I'll let Futuresjackal comment on it since that's his forte' but I got so excited when I saw it I had to say something. This is gonna be a good week folks!
-Dave-
WOW!! We finished on an uptick!! Nothing spectacular but, it's the little things that make me happy. I'll take every uptick I can get these days. Don't worry guys we are almost there, good things are coming for SSPE!
Which one? I didn't see anything...the 9/22 date still looks like it's a go.
You are definitely on to something...I've been thinking about the exact same things over the last couple of days in addition to a few others. I honestly don't know all of the personalities that Chris mentioned. I know the lineup of the SSPE team and that's about it. What I have been dwelling on is that I believe that the reasons the stock has behaved in the way it has over the last several weeks is somehow connected to all the things that Chris has mentioned. It is generally accepted that this stock has been heavily manipulated over the last several weeks...could the developments on Friday be related to that? I believe so. I have said from the get-go that this stock has been held at a price to allow someone or some entity to accumulate as many shares as they can at a VERY reasonable price for a particular reason which, I believe will show itself in the very near future. I am even more convinced of this after watching SSPE really try to run Friday afternoon and then get swatted down by NITE everytime. C'mon man! Gimme a break! It was blatant and it was obvious. Now, could that reason be that it would allow Mark Cuban to consistently accumulate shares at a consistent price and possibly a controlling interest in SSPE? Not that Mark Cuban couldn't afford to pay a larger pps but, remember the super wealthy stay that way by keeping as much of their wealth as they can. Just because he's rich doesn't mean he wants to throw his money away. CJ and Buckeye are far from being dumb. They know that if Mark Cuban took a controlling interest, or at the very least became an extremely heavy shareholder in their company then they would reach the brand exposure of the UFC or WWE in a very short amount of time once that news became public. Therefore, is it possible that they allowed or enabled the current pps for that purpose? Of course it is....I've said before that I don't know how much control a company has over it's pps but, I am reasonably sure that they have at least some influence. Is there the possibility of a golf course deal in the works? Maybe, maybe not, but, it can't be discounted. I'm almost positive that it's been talked about among all of the individuals that Chris mentioned. Very few deals and agreements of this magnitude are actually done in the stereotypical boardroom setting...that's just where the paperwork is signed. Keep in mind that all of the folks that Chris mentioned are all within close proximity of eachother and circulate in the same network of friends and associates. So, I believe that an informal agreement is entirely plausible. Mark Cuban has not said that he is interested in buying SSPE. What he has said is that he wants to enter the market. I think any scenario involving Mark Cuban and SSPE would be for him to put on several of the events of the like that he is putting on in October to get a feel for what works and what doesn't work. Once he gets his feet wet I believe that he will then begin to look around for an established brand that already has a faithful fan base that is run by a talented group of individuals that can combine and implement his 'idea' of what a MMA fight event should be. I also believe that he would look for a relatively new company where he could implement changes that would not run off long time fans of a particular brand of MMA i.e. he wouldn't want to run into the 'can't teach an old dog new tricks' problem...summed up the company that is prime for the picking is SSPE. The announcement concerning Titan is also significant, and significant in a positive way. Their involvement with SSPE has several meaningful and positive ramifications. First, they invested $1,000,000 into SSPE! That speaks volumes to me just in itself. They obviously believe that this company is going somewhere. Investment firms just don't hand out money like that for no reason. Secondly, I think we can safely assume that the share dilution will decrease significantly. The money that they invested in SSPE will easily pay for the casino event and probably several of the underground cage fighting events. Therefore, there should be no need to dilute shares to fund the events. Third, we may now have an investment firm that can manipulate the pps to the positive and possibly cut NITE completely out of the picture. I'm not sure how that kind of stuff works but, if they have been hired by SSPE as their investment banker I would think that they would also have some sort of control over the pps. After all, the amount of their return on their investment would correlate directly to that pps. I can't see them shorting their own stock and investment, that doesn't even make sense. Titan could also have been hired to bring SSPE onto the OTCBB or possibly even the NASDAQ at some point in the near future. I would think that would be at least one of the midterm company goals. The part of the PR that jumped out at me was the part where Titan's president spoke of 'future opportunities'....could one of the opportunities be the brokering of a deal between Mark Cuban and SSPE? One of the biggest things that makes me feel like this Titan deal is bigger than what it appears to be on the surface is the time of day it was released. That PR could just as easily have been released before market open. It wasn't....it was released towards the end of the market day so the stock wouldn't have a strong reaction. That's the only thing that makes sense. I don't think they are ready for it to run just yet...close but, not yet. In any case, I believe the dark days of the last few weeks are pretty well behind us...SSPE strongly bounced off the .021/.022 support range three times last week and on the charts is in a definite uptrend. The only immediate speedbump in our way is the PPV numbers. But guys, I still say don't get too hung up on the PPV numbers. They aren't gonna make or break SSPE at this point. I think the positive news that came out on Friday far outweighs any negative that might show itself on the PPV numbers. Keep in mind that SSPE is new and growing. There are gonna be bumps in the road and the PPV numbers may be one of them but, I think we are about to hit the interstate! I'm looking forward to a good SSPE week. Keep your eye on this thing this week and don't let your guard down. It can explode on you like Rizzo did on Monson!!
P.s. I wasn't ranting so I didn't double space, hope that's ok.
-Dave-
Chris, call me tomorrow night in regard to your question on the phone the other night..I'm going out of town for the evening (Happy Birthday to Me!!) so I won't be around tonight. I wonder if SSPE will send me a birthday present???
-Dave-
Ask .026 Bid .03.....somethin's gonna happen today. Maybe not the 'big' one but something is going on. Everytime I've seen the MM's jockeying around before market open it does. Lets rock n roll! GLTA
Hmmm....I just saw the post about people accusing you of being a pump and dumper..Ya know what? Screw 'em!!! I wouldn't worry about it. Just enjoy counting your money on the way to the bank!
The Nostradamus of SSPE???! Wow! I have truly reached the zenith of my existence. I'm not being sarcastic, I am very flattered to be held in such high regard. Pretty nice to hear when everyone but a few hate you. Anyway, you're right, I've been very quiet. Not because of the poor pps performance or disillusionment with the company. I refuse to acknowledge the sniveling and the griping that has been prevalent on this board as of late. If it's not constructive I'm not gonna listen to it, acknowledge it, or involve myself in it. Negativity is, for some reason a more powerful sentiment than positive thinking. This board has been extremely negative lately and I know that nothing I say will change minds when the mind has already sold before the finger touches the mouse. When I caught myself becoming negative as well on this stock I backed off the board. I pride myself on making my own decisions and thinking for myself. When I caught myself second guessing myself and reevaluating my plan I backed off and had Dave to Dave time. After having Dave to Dave time I returned to my original opinion...this stock is the bomb!!!!! I base that opinion AGAIN on the following...1.) This is a brand new company...a REAL ground floor opportunity in the fastest growing sport in the nation. Besides that, it is one of only a couple of publicly traded companies in the MMA sport industry. Worst case...it'll get bought out by UFC because AOW is starting to run up their ass and UFC thinks they'll outdo them. What's the best way to get rid of your competition? BUY 'EM OUT!! I believe that equals money for us! If not, we will ride this baby until it hits the 2.00 to 5.00 mark..BTW I really believe we will see that within the next 9 months. That makes me a millionare several times over! I can handle that. 2.) Unlike most pinkies, this is a real company with a real verifiable product to offer. Screw the press releases and the PPV numbers!! At the current PPS, if they made 200,000.00 on AOW3 that would be a step up! Anytime you want to see how 'YOUR' company is doing tune in to the PPV or attend an event! How many investors in other companies have that opportunity? Their events will tell you everything you need to know about the health of the company. Not where it's held but, the quality of the event itself. Again, how many investors have the opportunity to observe their company operate several times a month? 3.) Most importantly to me, the management team is enthusiastic about their product and focused on being the best. As I've posted on here before, show me a management team with the kind of focus that the SSPE team has and I'll show you a success story in the making. It never fails. NEVER. People need to understand that these guys are doing everything they can to grow their business and their product. If they need to dilute some shares to do it then so be it. It's their stock and they can use it as they see fit. As long as I know where the shares are going, and why they are going there I don't care, because I know what the long term benefit will be. IMO I think SSPE has been pretty forthcoming about share dilution. Most companies wouldn't, they would have just PR'd that they bought a radion station. I would venture to say that CJ and Buckeye probably are'nt even drawing a salary right now. I can almost guarantee that they are living by previously earned income and maybe dumping some shares to pay the bills. So what, wouldn't you? I'm sure there is more to list but, I'm tired and ready to go to bed. But no, I haven't bailed...in fact I cashed out some mutual funds today and my only hope is that the pps stays where it's at so I can scoop up some more! I am pumped about this stock and I have no plans to sell any until it breaks well above .25 a share. I can take all the pain the MM's can send my way. BTW look at the Level II's from the last couple of days...those were buys not sells. The pps was held at a certain level to allow someone to buy at the price they wanted. That's all. And, I will say this...I am not a technical analyst kind of investor. I only use technical analysis to support what my gut is telling me. The only oscillators I use are OBV and RSI. Those two tell you every thing that needs to be known about a stock. My gut has worked rather well for me so far and, my gut is telling me this thing is getting ready to head through the roof and that we have seen about as bad as it's gonna get. I base that on nothing other than an unexplainable 'sixth sense' feeling. SSPE rocks and I am pumped with no plans to dump! Fin, I hope I met your expectations but, you put alot of pressure on me man! Hope this meets your standard. Hahaha!! GLTA and let's rock n roll we got a lotta good things coming our way!
-Dave-
Nope! I haven't bailed, I've just been quiet...too many gloom and doomers on here lately. I like to stay positive. Right now there is no reason to be gloomy..the company is still the same. Trust me, I will be the first to say run for the door if I see something I don't like. Good work on the DD yesterday. I'm selling some mutual funds off this week and buying more...even though I am NOT HAPPY AT ALL with the PPS I am still behind the company and the stock...this MM manipulation just needs to be flushed out. There's reasons for it beyond our knowledge but, it's still gonna boil down to so someone making money. As I said before, when they make theirs, I'll make mine!
I agree with you...this is disgusting. On the positive though, this may bring in the buyers. I'm still holding.
No...there is definitely more going on here than just 'sitting tight'. I believe this is going to end up being a pretty interesting day, and an especially interesting week. I just don't see the first PPV numbers being a dealbreaker or dealmaker for this stock...several events down the road possibly, but, right now I believe this stock trades more on interest and speculation more than anything. That's why I think exposure should be the primary goal and concern at this point. Also, remember the very low volume just prior to the last spike.
I definitely agree with you there...and I've wondered about the website not providing fight card and ticket information....maybe they're doing everything locally as far as advertising and fighter recruitment and then pulling the best fighters from those events for AOW....maybe kind of a 'TAPOUT' theme? We'll see. Good luck next week.
No..it doesn't mean that the seating should be at least 8000 for the next event. Remember the name of the game is to make money not lose it. I can only imagine how much Sun had to pay for the AA Center. By putting the event in such a huge facility Sun is operating at a loss before even holding the event. Another thing that should be remembered is that the availability of these super arenas may not be there due to the pro basketball and hockey seasons beginning soon. That could explain why the underground cage fighting can be held in larger arenas..but, the arenas aren't home to pro sports teams so therefore they are available and probably much cheaper. The underground cage fighting venues are also in large population centers...not as large as Dallas, but still large. That equals more fans and future PPV customers. It wouldn't do to have the AOW events in these areas due to their lack of name recognition. 'AOW4 live in Wichita Falls' just doesn't have the same level of class or legitimacy as 'AOW4 live at Harrah's Casino' People relate to that and respond to it...it rings of class and glitz and a show. You have to look a little deeper than just the number of seats a facility has to see the real value. I've also noticed that most of the known MMA brands are holding their events in casinos....there's gotta be a reason for that. It surely doesn't appear to be hurting them. So, I'm not concerned at all with the smaller venues. Think about this too...most people that visit casinos are from somewhere else..these people will go back to their hometowns, states, countries, etc. and tell their friends who will be future PPV customers..(remember the theory of 4!)Every show they put on wins them more fans and supporters and exposes their brand. Before you know it, AOW is as well known as UFC, WWE, IFL, etc. I believe that's the company's focus right now...EXPOSE THE BRAND. As long as they continue to put on a top notch production and event and they aren't held in a high school gym, I don't care where they hold them, as long as they are holding them.
Excellent post futures, you are right...exposure is the only thing that will get this stock going. That's why I am somewhat dumbfounded as to why some of the posters are regarding the event at the casino as a negative. Think about this guys...from what I have seen, everyone is pretty much in agreement that the real money comes from PPV sales..SSPE just left close to 8000 potential PPV customers in Dallas..In the corporation I used to work for we used the 'theory of 4'...word of mouth advertising. It is the most powerful advertising tool ever created...think about it, if you go to a restaurant and have an outstanding experience, you tell everyone you know about it...at least four!..at least! Now, stay with me...I think everyone is pretty much in agreement that everyone who attended AOW3 had an OUTSTANDING experience. And...they told their friends! Now..are you still with me? The 8000 that attended the AOW3 are going to want to see 'their' brand fight..most will purchase the PPV, and more importantly..they will tell their (4) friends to purchase it too! Conservatively, I think it is safe to assume that at least 4-5000 of the attendees who were at AOW3 will purchase the event, now, multiply that times 4!..that can put the PPV numbers just in the Dallas area at around 30,000 veiwers!! That's just counting the ones that attended AOW3. How many millions live in the Dallas area that didn't go to the event but, might want to purchase it as well because one of the '4' told them what a great show it was..the theory of '4' rests on the premise that 4 will tell 4, who will tell 4, and so on and so on...Let's not forget about the viewers from across the country that paid for the AOW3 PPV. I believe they were pleased with the show and will order AOW4...I know I was, and I will purchase AOW4...even if I wasn't a shareholder!! Now, let's move over to the casino. The name of this game is for SSPE to make substantial profits. I would venture to guess that SSPE is probably getting the Casino venue for next to nothing if not free. The reason being is that the 2500 people that attend AOW4 will probably stop by the slot machines, gambling tables, nightclubs, restaurants etc. Therefore, they will be spending MONEY at the Casino. It's win-win for everyone....SSPE reduces their overhead and increases profits while gaining exposure! That is the perfect business model people!! The Casino gets an extra 2500 customers for the night while gaining exposure! Does it really get any better than that? Why do you think all these MMA brands keep holding the events in casinos? Because it equals MONEY!! And the beautiful thing is that SSPE won't have to dilute the outstanding shares to pay for the event! This is a business and the goal of any business is to make MONEY!! I think of the casino event as a step up rather than down. Now, how does it help us, the shareholders? People that frequent casinos usually have a fair amount of disposable income...that income can be INVESTED as well as gambled! These people have friends with disposable income as well! I'm excited about this folks! I mean it, I am EXCITED!! And this isn't even taking the underground cagefighting, the video game, or the upcoming casino 'house' gig in Las Vegas into account...We need to start thinking months down the road instead of days or worse..hours! Think about this....sooner or later...and I really believe sooner..someone is going to be sitting in one of the AOW audiences that has millions upon millions of dollars to their name. That someone is going to say 'I love this brand...and I want every friggin share I can buy!' What do you think that will do to the PPS? The only thing I wish SSPE would do is start pushing their investment information on the attendees of the AOW events and running it in the credits on the PPV's, DVD's, ticket stubs, etc. In summary I think the casino gig is brilliant and will, when the dust settles, be the key to unlocking the true potential of this stock.
Futures! Good to see your post..I thought you had bailed on us after yesterday. Sorry for doubting you but, after seeing some of our biggest supporters get rubber knees and fall by the wayside anything is possible. We need the level heads on board right now. Thank you for commenting on the 'cup and handle'. Yesterday it looked to me as if one were shaping up...after today's close a 'double bottom' seems much more likely. Both are fine with me as they are both pretty powerful signals. Today was another ugly one, and I would be lying if I said I didn't keep white knuckles and a churning belly all day. But, like you and others, I am still convinced that this is an outstanding company with an outstanding product. It's biggest enemy is lack of exposure(which is increasing) and a shallow treasury. With greater exposure the treasury will increase. That will keep SSPE from having to pay for needed services through stock shares and inflating the supply. Once the supply decreases the demand will increase along with the pps. That will take time and I've got plenty of it. I still fully intend to recoup my investment with a small profit at the first opportunity but, the rest will ride till the end of the road. I still believe that I will have that opportunity in the near future and after that the rest is gravy. When I'm daytrading I live by the rule of protect your profits as vigorously as your capital so, by getting my initial investment back and leaving the remainder on the table may sound hypocritical but, this is a long-term investment and the upside is astonishing when you think about it. With that in mind I'll leave my profit on the table for a bigger one. I still maintain that this stock is in it's INFANCY...and I fully expect it to stumble as it learns to walk and eventually run. Even though we've made a few mistakes in calling the bottom on this, I do believe we are really close. I may be wrong and at this point I probably am, but, hey what does it matter at this point. This stock has to find it's true support and true resistance, as of yet it's just feeling it's way around. It must be kept in mind however, that there were alot of buyers in the .05-.10 range. If they haven't sold by now I certainly don't see them dumping now. That would be pretty stupid. Like I said several posts back when your'e in this deep and down this much the only thing you can do is hold tight and take the pain. It is no secret that this stock is being manipulated and being held down for whatever reason. I am certain it is being manipulated rather than sold off due to the fact that there has not been a basement crashing selloff. Every backslide is controlled and almost orchestrated. I've seen stocks crash before, including some that I owned and without fail the stocks had no bottom and they had no support. SSPE is not behaving like that, therefore I don't believe there is a huge selloff occurring..Just manipulation for reasons unknown. I still believe that reason is for someone to make some BIG money. That's the only thing it can be, being that the only reason for the market is for people to make money. Therefore, I am content with knowing that when they make theirs I'll make mine.
-Dave-
To the 'chartologists' out there...am I seeing a 'cup and handle' chart pattern forming? My understanding is that as long as the current downtrend doesn't fall below the lowest low and the uptrend extends past the left side of the cup then a cup and handle chart pattern is confirmed. Is this correct? Don't worry folks, we're still in the game. Today sucked but, I guess it can always be worse. Hey, at least we finished on an uptick. I forgot who mentioned it but, yes this stock acted rather strangely today. I also thought it was strange how NITE stacked up on the ask side today several levels apart. I don't ever recall seeing that before as well as several new MM's on the bid. Something is definitely afoot. I'm not getting any bad vibes about it though. I also believe that the majority of the trades we saw today were buys. I base that on the lot sizes...they just didn't seem like sell lots to me. Normally, experienced traders place large lot buy orders and they sell in smaller increments. Truth is we really don't know. All Level II's show is an uptick or a downtick. Most people as well as oscillators assume a downtick or zero tick is a sale. But, if someone is selling someone else is buying. I'm speculating but, I just think alot of accumulation was occuring today at a price beneficial to the MM's. Just waiting to see how this plays out short term. The stock is still behaving in the same way it did after the last event. Long term I'm still holding and my opinion of the company stays the same. Especially after the information recieved by other board members through their excellent DD. Good job guys and thank you. Nothing stops the 'fire' shouters better than facts.
-Dave-
Thank you jackal for putting a more polished and technical POV on what I was attempting to describe...The point that I was mainly trying to make earlier was that if this stock was truly soooooooo horrible and EVERYONE was selling out then the pps should have crashed through the basement. It didn't..it held like a rock. The gloom and doom posts I read today really kind of got on my nerves...especially when they were posted by the 'longs'! I expected it from the shorts and scalpers but...anyway, IMO I believe we are truly coiling the spring. I'm not going to speculate on tomorrow but, then again, I'm not gonna sweat it either. I have my time and price stop in place and a calculated exit/profit plan. At this point I am nowhere near any of the exit doors.
Thanks for the link Svein...sounds like those who attended were disappointed...NOT!! Hahaha!! UFC Watch out!
Did I miss something??...I'm somewhat surprised at the level of hostility that is suddenly being thrown at this stock. Did something change between friday and today? As far as my expectations go everything is still in line with what I believed and still believe will happen. As I posted several days ago...I believe I expressed my desire that noone would become discouraged when the stock didn't blow through the roof today and sell off. I believe I also said that there was nothing to directly correlate the last spike to .35 to the last event. None of us know exactly what was responsible for that spike. Just like none of us factually know why things stayed relatively flat today. For those that are in the camp that expected a massive spike based on the stocks performance after the last event, you do remember that it was about 10 days after the event before the stock spiked don't you? What was the reason that you believed it would spike today? It should be remembered, after the last event the stock didn't move more than .01 (open/close) either way for the following five trading days following the last event. What about today's performance was different today than after the last event? Nothing other than the volume. And I take that as a positive. My oscillators (RSI,OBV,MFI) showed money coming into the stock, not selling out. I saw nothing that indicated a selloff, or anything that would point to dilution. All I saw was NITE giving his shares to his partner at whatever price he wanted to buy them at. Way to cover those shorts NITE! More of the same as far as I'm concerned. IMO opinion the stock performed extremely well considering all the alleged selling off and the people screaming that the sky was falling. I saw strength today. I still agree that the stock is being manipulated but, that can only go on for so long. I also don't think that it was being manipulated today to the extent that some would have you believe. Anyway, to those who sold off today, you made the best decision that you could make based on the information that was available to you at the time you sold off. Although, I don't plan on selling this at any point in the near future, I certainly am no one to judge the decisions of those who did sell. Your decision to sell has to be respected. Some of the ones who sold off today should follow that example, respect the remaining shareholders on this board, and shut up. If you are no longer a share holder I believe I can speak for the rest of the shareholders on this board that your opinion is no longer needed or wanted if it consists of talking about what a bad stock this is. Your opinion means nothing to me because you have no credibility at this point. This board is for information sharing and constructive comments. Not stock bashing. To the rest of us, stay the course and sit tight. We know that this is a stock in it's infancy still trying to get it's legs underneath it. Personally I'm rather pleased at the crowd numbers. The AA center holds 20,000 people...we came really close to filling half of it up. Not bad if you look at it from the standpoint that the only thing that does fill that thing up are superstar (established and known) music acts and professional (established and known) basketball teams. No one barely knows about us and we nearly filled half of the facility! Think what will happen as we continue to grow and become more recognized and the AOW brand gains more exposure. Which, is coming! I read or saw nothing that would indicate that the media that covered the event was unhappy with the show. If anything the message I got from them was UFC watch out!! JMO/GLTA
P.S. Those were not ghosts in the AA Center, I watched it live and they looked like real people to me...happy, excited, and clapping people at that!
-Dave-
I use quotestream. It's around $50.00 a month...also keep in mind that most online brokers don't provide Level II for pink sheets or OTC.
Not a bad showing at all. The matches were as good as any I've seen anywhere else. Although, I think we need to find a new 'Team USA'. The production of the event was IMO outstanding and very polished for such a new company and product. I don't think it was quite as polished as a UFC event or a WWE event but, it was damn close! Then again, I began watching UFC in the 90's and whenever I watched their earliest events I had the distinct feeling that I was in a dingy arena watching a cheap, although entertaining event. I did not have that perception last night. That tells me that there are great things to come. This was their first PPV and they pulled off a great one. With more events in the pipe the old adage of 'practice makes perfect' will definitely come into play. I guess the point I'm trying to make is that for a first time thing it was definitely first class and I would order the next PPV even if I was'nt a shareholder. On the other hand, I would have liked to have seen more fans in attendance..I saw a fair amount of empty seats, although, their were more filled seats than empty. It must be kept in mind though the facility the event was held in is HUGE. But, the vastness of the space sort of kept the 'roaring crowd' effect of a live event held down somewhat. I believe that effect is essential in transferring the mood and energy of a live event to the 'at home' veiwers. i.e. you want to feel that you are really there. I can't say I had that feeling and that's why I think I didn't. Hopefully having the events in slightly smaller venues will correct this until the AOW brand draws the same interest as a UFC or WWE event. I'm not worried, it's coming! On a personal level, I could have done withouth the 'dancing referee girls' they were kind of skanky. I kind of felt like I was at the 'Crazy Horse' in Myrtle Beach when the camera cut to them. But, from a business perspective..good job!! The brand targets the 18-34 year old males, and my wife, the consumate capitalist said it best...'sex sells'! So, no harm, no foul. I also wasn't too pleased with the entrance of the fighters into the arena. They came in through a collapsible plastic pipe. That needs to be corrected ASAP. More drama is needed for their entrance. You know, the heavy fog, strobe lights, backlighting, ear blasting music etc. Kind of a WWE style fighter/wrestler entrance. I'm not saying we need to be like the WWE but, they have perfected the 'show' aspect of an event and provide absolute electricity within the facility during their events. If we are going to rely heavily on PPV revenues we need to take some examples from WWE and implement them. The WWE is the undisputed master of the PPV production. 'When in Rome do as the Romans do'. IMO if we take the WWE production example and combine it with the top notch AOW fighting events we can't lose. I also didn't see any of the celebrities that were posted here the other day. But, SSPE never 'officially' announced them either so, that cannot be held against them. The names were released informally by a poster on another site. I'm not saying they weren't there, but, if they were the veiwers should have been made aware. On the other hand, there were a fair amount of Dallas Cowboys players there as well as a few other celebrities and they did recieve attention from the cameras. So, in that regard I am pleased. The things I just mentioned are not meant to be negative....just constructive and my honest assessment of the event from a fan's standpoint. I am more convinced than ever that this is a top notch company with an excellent product and limitless success ahead of them. They WANT to be the best, therefore, they will. Focus, hardwork, creativity, an excellent product, and the drive to be the best is the hallmark of any successful company. SSPE has it all, and so long as SSPE operates in a financially prudent manner we shareholders will benefit enormously. I won't be selling out on Tuesday. I still am not expecting a huge week next week. I have an extremely long term view on this stock. But, I was very surprised and somewhat caught off guard on Thursday. If I had my druthers, I would prefer a slow, steady, rise in pps. But, I will be more than happy with an explosive spike. After all, we are all in this to make money and sooner is always better than later in that regard. Even if the pps does explode next week, I wouldn't sell everything I have. There is much more to come from this company and IMO it hasn't had it's moment in the spotlight yet. Until it at least reaches that point, we haven't even begun to see the returns that can be possible with this stock. JMHO.
-Dave-
Give me a little while to clear the budlite fog out of my head and I'll post my critique..I won't be bailing tuesday morning!
Well, I'm not a broker so I definitely can't give you investment advice. But, I can tell you that if I allowed myself to spend more than a certain percentage of my trading account on one stock I would definitely buy more. Also, if I didn't already have one I would open up an online trading account. I don't like anyone being responsible for my money but me. It is important to have direct access to your trading account. I can tell you that buying more would bring your pps share average down considerably which would be beneficial to you at this point. Another rule of investing besides limiting your losses is to buy damaged stocks, not damaged companies. This company is far from damaged, just the stock shares..and there are legitimate reasons for the damage. If you can pinpoint the reasons for the damaged stock, which we all have, there is no problem so long as the reasons are positive, which they are. Anytime a company is spending money to make more money it is a good thing for long term investors even if in the short term it may damage the stock share prices. That is all that is going on with this stock.
Gerry, what you are seeing right now is what they call a 'morning reversal'...all stocks do that between 9:45/10:30. If you remember, it did the same thing yesterday prior to climbing back up. If you have access to oscillators such as RSI,OBV,MFI, and stochastics you will see that money is flowing INTO the stock. That causes the pps to rise. Kind of like it's doing now. See, I told you that you could learn on here.
What do you base your opinion on?...give me fundamental and logical reasons why you believe this stock is a scam, (other than you are just down alot of money) and you just may sway my opinion. I'm sorry you got in so high and held for so long without taking the necessary steps to protect your investment. This stock is not to blame for your ineptness as an investor. Blame yourself for not doing your DD. Blame yourself for not waiting for a more opportune time to enter a position. I'm primarily speaking for myself but, I think I can speak for the rest of the shareholders..I studied this stock for weeks if not months before entering. I read every piece of literature, news, and financial information before entering. I studied it's price history and picked apart the fundamentals of the company before entering. I requested and recieved the investor's prospectus from the company. I HAD A PLAN. Did you even at least do that prior to entering a position? My guess is no. My guess is that you jumped in on the hype and rapid price movement and expected it to keep going. My guess is that you did not have a plan for exiting the position prior to entering it. My guess is that you did not decide on a stop loss point before the bottom dropped out from under you. You can't blame the stock for that. The MM game that is going on right now goes on in every stock that is listed on any exchange. Get used to it and start doing some serious self analysis and self critique of your investing decisions. If you don't you won't stay in this game very long. Again, don't blame the stock. We all have freedom of decision. Your decisions and reasoning were obviously flawed. Otherwise you wouldn't be in the boat you're in. My best advice to you would be to keep what you have where it's at. If you are already down as much as you previously indicated what does it matter at this point. But, you make your own decisions. If I were you I would sit tight, stay quiet, ask legitimate questions and soak up the immense knowledge that is all over the place on this board. JMO
-Dave-
Another thing to remember also....It did this yesterday too. I think the same will happen again today..A strong open, a sag, recovery, and then a steady ramp up to a strong close. The day is still veeeeeeeery early! If you have Level II access, watch where the MM's go to on the ask after filling their bid orders. We're going higher. JMO
So what if it does....I've been there before. I have a very high pain tolerance. Plus, I know where it's going when it breaks .05.
Here we go guys!! More buyers than sellers stacked up on the bid in the market. Bid and Ask even? Also, looks like NITE is already scrambling around to cover. .07 today??
WOW!! What a day guys huh! I don't know about anyone else but, SSPE definitely blew past my performance expectations for today. I was hoping for a .035 close! If I saw anything today it was strength! I loved the way the pps would dive and then recover to a higher level than before the dip. I also enjoyed watching NITE hop around like a chicken with his head cut off. I think he's tweaking. Of course, I may be wrong but, that's what it looked like to me. So....what does tomorrow hold? If the buyers show up tomorrow like they did today I'm looking for .07 to .10...it's happened before. If they don't I'm hoping for a hold around .041-.045. Personally, I think the sharks are going to show up in force tomorrow. Today's action is like blood in the water...exceptionally high volume and good pps movement. We have to remember that there are many traders out there that are circling this thing right now and waiting to pounce at what they believe is the perfect moment. I am a big proponent of the 'buy the breakouts' theory as well as 'buy high and sell higher'. I can almost guarantee that there are quite a few others out there like me that are watching SSPE right now. I never would have pounced on this one had it not been for the outstanding company behind the stock. In any case, when the sharks show up...and they will, we need to remember that they are not in the long haul on this as most of us are. They will be looking to make a quick bank and move on to the next one. Whatever your long term sell point may be...I cannot agree with jackal more..get your investment money back as soon as you can without having to sacrifice the majority of your position and ride the rest out for the big bank in the sky! If that's what you want to do...if you want to dump all your shares and flip this stock I sincerely wish you luck and congratulations. I want everyone to make their buck regardless of what methods they choose to sell off. Remember..don't get greedy and SELL INTO STRENGTH!! That's the only way you will keep from getting eaten alive by the sharks. I'm looking forward to another great day. BTW 'Fine' do you think it will make it past .05???
On this point I absolutely agree. Today could be quite a roller coaster and nothing will prevent the back room deals from occurring..deals that can potentially do short term damage to the pps. But as volatility and volume is added interest will increase, and with it so will the pps. We do have the best penny out there and we will profit handsomely at some point in the not too distant future. In answer to the 90.00 pps question...my charts show several consecutive share splits so with the actual initial trading range being between 2.50-1.50..I couldn't really tell but I think I'm pretty close. GLTA and have a great day.
Dont anyone fret...we now have a tarheel on our side!!
-Dave-