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.
NO SPOKESPERSON HAS BEEN ANNOUNCED
I can't view youtube at work, but I have no idea what he is talking about.
My guess is by this time next week we will know.
YES look at the PR released on Wednesday.
You guys have to start doing your own DD. Something like this is very basic.
woohoo! definitely fun to speculate. Nice bit of research, thank you!
ENTI at .0029, a close over this level and I'll throw a party haha.
Wow thats very interesting. Thanks for the post.
haha that would be phenomenal.
Ummmmmmm check this out
http://www.cnn.com/2010/TECH/social.media/07/01/google.facebook.rival.cashmore/index.html?hpt=C2
!?!?!?!?
Social media is HOTTTTTT. Google come buy MusicMatrix. Its already set up for you. Ill sell my shares to you for $2 per share.
Someone should contact http://mashable.com/ about musicmatrix.com.
ANOTHER MESSAGE TO ALL
STOP SELLING, you will be able to sell at a higher price. This is almost gauranteed. Just let 'er run.
Look at the hammer formed on the chart. If we can close in this current trading range then REVERSE indicator!!!!! Hammer today green tomorrow and we are back to the races.
hahaha that is something special.
Not going to lie if ENTI breaks over .01 I will dance around with no pants and post on MusicMatrix.
hahaha its amazing maybe this will be my big break!
They might have read this one too
I think they got my message...see my post replied to in this message.
If we can somehow get a close at around .0034 that will set the chart up for a reversal of this downtrend. .0034 and the support holds up and we can look to move upward in the coming days.
DO IT
I agree, it is so damn close. I'm just frustrated, which I'm sure many others are too. This could be a complete life changer. I still believe in the idea.
Note to Management ABOUT DILUTION and such.
First I'm almost 100% YOU read the board. Second, if you want to get more for your money stop dilutiong at this POS price. Let the excitement over your website build and wait for the big run of over .01 then start diluting. You will make more money and won't make this all seem like a Fing joke.
That 95m trade "afterhours" is not something to let pass by. I have seen that before with a company that sold sponges and we all know what happened to them.
I am beginning to get slightly pissed off and to be honest any shareholder that believed in your product has every damn right to be.
The idea behing MusicMatrix.com is a good idea, dont ruin it.
Last time we were in the mid .002s it was more or less a quick pop out of them. This is the longest we've held into this level. Im beginning to think we are going to test the 200 week MA now. That is at .0021.
.0024 was the lowest low from the last dip we had a week or so ago. THIS CAN NOT FALL.
Here are your flowers and sunshine.
From the PR:
"Encounter Technologies has issued and will issue its common stock to be reserved on hand for deals with celebrities, labels and strategic partners. "
This explains the dilution, and like i said all the worries were due to UNKNOWNS!!! Now its KNOWN so no need to panic.
Edit: Yes they are admitting to dilution, but giving a reason. Its a double edged sword.
Also this doesnt make it 100% A-OK to dilute, we should keep a CLOSE eye on this to make sure it doesnt get out of hand.
Fair points and I agree with most of your argument. I also feel its human nature to be cautious and find any small issue there might be in any given situation. It has to do with self preservation.
I agreed with your post earlier and responded to it, so clearly I share your same concerns. I won't argue that there isn't plenty to worry about, but a lot of these worries stems from UNKNOWNS. Nothing awful has been realized yet. The 100m in dilution could have be done for a number of reasons. Personally I never wanted to see it and that was a huge red flag for me, but we still dont know what that is all about and its 100m even share dilution. Seems like a fairly round number, no? A bit intriguing.
We are dealing with a company releasing a brand new product, its a freaking gamble no matter what.
Panic thus far is prevailing. The belief that .0025 must hold is in turn causing massive selling at this level. People are panicking at the preconceived thought that ENTI will fall below .0025 and due to this thought ENTI in fact will. The psychology of it all is really interesting. Think it will and it will.
Change this thought and change the direction of the stock. I can't blame anyone other than the company themselves for causing this panic through the masses. That being said I do believe the panic is overdone. Nothing has changed in the overall plan, people are acting like ENTI has stated that MusicMatrix.com will be folded all together.
Do I still believe MusicMatrix has a chance? Most definitely.
EDIT: Hcotton in response to your post too... Great point, MusicMatrix.com is a great idea and to have it all be a hoax would be a really big waste.
Seriously, unfortunately it matters to us personally if ENTI loses this game.
I hold well over 1 million shares and I AM NOT SELLING. Im sticking to my bet and if I have to I will go down with this fing ship because I believe this is way to early to be panicking and saying ENTI is a fraud.
The mental game behind this support line (.0025) is interesting. Everyone is fearing a drop below .0025 right now meaning many will most likely sell. If you dont sell we dont drop below .0025.
Its cyclical and all very connected. I can feel the panic here, we might see under .0025 unless people keep it together.
.0025 is up, moment of truth. We are either all screwed or will see a nice bounce.
Well done, thank you Jim.
Here comes the .0025 test.
Well try harder because there are a bunch of guys in the chatroom called "hi"
ENTI trying to get back over .003
Good assesment of what most are troubled with.
Much appreciated! Hopefully luck turns around and we all make a boat load.
Haha ok, but only if you all agree to pay me some dividends :D
I'm sorry guys I think it's my fault the stock isn't moving. I'm cursed when it comes to making the BIG MONEY. I can grind away, but when it comes to big plays such as this they refuse to run until after I sell.
I've been in a few risk plays like this and they ALWAYS run up like 1,000% after I sell for a small gain or loss.
After the action of this stock that is the only reason I can see why we arent at .01 yet. The way it trades is really mind boggling.
Well it isn't me. One might say for the lack of better judgement, but I havent even flipped a single share since my first buy in April. I couldve sold easily many times, but I liked the future potential in ENTI and MusicMatrix so I just add as it drops.
Thats been the basement and ENTI is on a down track once again. I would be surprised if we dont at least see CLOSE to .0025. We are already close as it is at .0029.
I hope we dont see it too, and this does suck.
Here comes a test of the .0025 support area.
If they need to dilute for a legit reason then JUST LET US KNOW. I know they most likely read this board so Im telling them right now. If you dilute for a legit reason you NEED to let shareholders know or you will completely lose investor confidence.
I always try to post by the facts so please just take this post as an honest question. Why dilute when they have financing from spire investment group? This is something I DID NOT want to see AT ALL. I wont like that I'm a bit disappointed.
Getting dumped to hell now. Wonderful.
Son of a b
well that does explain a lot.
Thanks Larry for your work.
I think they definitely got the message from us shareholders. They clearly defined in the title that its "dish network only" for now. Also like some talked about yesterday these ads being a test and just the beginning.... in this PR they actually mention that as well. It appears as they they DO read this board.
Nice to see some clarification.
This is a great bit here from the PR:
"As the campaign progresses, we'll be looking to add additional satellite and cable providers like DirectTV and Comcast, for instance, to expand the campaign; however, this is a great start so far and, incidentally, we're pleased with the number of calls from shareholders who have kept watch on the campaign too. It's exciting to see everyone get involved," concludes Cook.
I believe it was 76,xxx yesterday, if I'm not mistaken.
Todays 75,623
On Friday (before commercials) the ranking was something like 79,684. So about 4,000 place improvement over the weekend.
Apologies to Husker, looks like he was right. Dish only, at least thats what it looks like from the posts.
Nice call.
info on Dishnetwork
http://en.wikipedia.org/wiki/Dish_Network
14 million subscribers according to wiki yet 44 million a month claimed in PRs as exposure for musicmatrix.com? this stock is starting to irritate me.