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20100802|VCTY|903426|1287091|O
What does everyone think of this companies future?
Did a little advertising on some Ihub boards. Will hit some yahoo messenger boards just to FYI everyone of this stock.
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VCTY - at least a 20 bagger in the next week.
1) $200M asset merger + many secondary mergers
2) MACD crossed over yesterday - chart bullish = good time for news
3) Volume increasing - Most volume we have had in 4 weeks
4) Chart passed resistance yesterday and today - passed .011 yesterday and .012 today. Next resistance is at .0145 then .01
5) 105M O/S - this is huge because it basically means we own the float
6) Book value of $2+ if mergers are completed
7) Expect good volume days before news - what we are getting now!
8) IR company has never released assets of a merger company - VCTY is very special. This is the biggest asset merger that the IR ever found!
9) Update expected this week via last PR stating:
VCTY - at least a 20 bagger in the next week.
1) $200M asset merger + many secondary mergers
2) MACD crossed over yesterday - chart bullish = good time for news
3) Volume increasing - Most volume we have had in 4 weeks
4) Chart passed resistance yesterday and today - passed .011 yesterday and .012 today. Next resistance is at .0145 then .01
5) 105M O/S - this is huge because it basically means we own the float
6) Book value of $2+ if mergers are completed
7) Expect good volume days before news - what we are getting now!
8) IR company has never released assets of a merger company - VCTY is very special. This is the biggest asset merger that the IR ever found!
9) Update expected this week via last PR stating:
VCTY - at least a 20 bagger in the next week.
1) $200M asset merger + many secondary mergers
2) MACD crossed over yesterday - chart bullish = good time for news
3) Volume increasing - Most volume we have had in 4 weeks
4) Chart passed resistance yesterday and today - passed .011 yesterday and .012 today. Next resistance is at .0145 then .01
5) 105M O/S - this is huge because it basically means we own the float
6) Book value of $2+ if mergers are completed
7) Expect good volume days before news - what we are getting now!
8) IR company has never released assets of a merger company - VCTY is very special. This is the biggest asset merger that the IR ever found!
9) Update expected this week via last PR stating:
VCTY - at least a 20 bagger in the next week.
1) $200M asset merger + many secondary mergers
2) MACD crossed over yesterday - chart bullish = good time for news
3) Volume increasing - Most volume we have had in 4 weeks
4) Chart passed resistance yesterday and today - passed .011 yesterday and .012 today. Next resistance is at .0145 then .01
5) 105M O/S - this is huge because it basically means we own the float
6) Book value of $2+ if mergers are completed
7) Expect good volume days before news - what we are getting now!
8) IR company has never released assets of a merger company - VCTY is very special. This is the biggest asset merger that the IR ever found!
9) Update expected this week via last PR stating:
If we get a PR soon stating what is going on at the meeting we should be able to achieve that price range by this Friday.
Yea this is a very good buy at this point. I was fortunate enough to have some money settle in this morning and get some more shares. To me companies like this are what people should look for in penny stocks. You want the ones with great potential, but are either selling a real product or have a real business plan.
There was some dilution about 8 months ago or so and basically there are a few MM's that wanted to make the company fail. Overall the price went down dramatically due to low volume, MM's walking it down and the lack of buying support to retaliate the MM's scehemes.
We just hit .08 and we are receiving buying pressure........
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Good points and I agree with you. I do expect to see a PR stating the status of the merger that week. If they want to merge at that meeting then it should take a day or two to get the details settled in a PR based on travel time from China to the USA.
Based on how things usually work with Pinksheet stocks or OTCBB's there always seems to be a huge amount of buying from insiders or others knowing that something big is going to happen. I would assume based on what happened last time that we hit .037 that .02-.03 is a very reasonable estimation before the merger status announcement. The higher we are pre announcement the higher this will climb. I am still targeting at least .15 for the pps once the merger is announced. It really is only a matter of time before we get the news.
Another fantastic post dragon52
I agree we should hear about the meeting details on the week of Aug 9th. All that is left to be reported at this time is what is the meeting about and is the merger finalized or not. At that point if it is finalized then yes we will see more good PR's stating financials....etc.
It depends on a lot of things such as :
1) How many people are interested in this stock thus creating a large amount of volume for a day or more.
2) What price are the investors willing to buy the stock at.
3) How many shares the Market Managers/Manipulators want to distribute or high how they want the price to go.
4) How good of a PR will it be if the merger goes through.
Those are a few things that will determine the price.
Good keep up the good work. Since we own shares of the company we deserve the right to know what is going on with the business plan without any cloudy details.
That is exactly what I requested too. So hopefully we don't get the same side step responses.
I opened up a ticket as well requesting information about the 8/10 meeting, status of the merger and if it will be reported before the 8/10 meeting.
Dragon52 how come you think this will happen if based on the Fridays tips reported today?
What are your thoughts on the Friday tips news?
To be honest knowing foreign people and how they proceed things. They will not proceed or agree to do something unless they are 100% certain on the direction. You are right the Chinese need more clarity with how much they can benefit from this merger. They want to maximize profits and revenue as much as possible. It just makes more sense now that the portfolio manager is going their personally to speak to them on the 10th. Seems the Hydro company likes what is going on, but needs to know the financial details of the stock before making a decision.
4-10 weeks was announced on June 2nd. The 10th week from June 2nd is August 10th.
So it seems the 8/10 meeting is to let the China Hydro Electric Company understand how their stock will be valuated, what markets to target, which stock exchanges to apply for and what the steps are to achieve their goals.
Touche I was thinking they were in the same time zone as Japan. Japan is 13 hours ahead of us.
I agree with this statement except I believe China is 13 hours ahead of time from EST. That still doesn't mean we will get news on 8/10. I would expect some form of a PR that week stating the details of the meeting and the merger status at a minimum.
Fair enough. Thanks for the informative update.
I agree just based on during the winter time the amount of things you can do outside get limited, so what do you want to do for fun...... watch a movie/read a book.
Excellent post
We all have found a very good company. Most people just flip penny stocks, but sometimes you find one that sells a real product and is making money. I believe that we have a very good company here.
I agree we are sitting basically at the bottom and any good news towards the merger being done like a snippet or pr stating completion and the pps will increase.
I am thinking the Friday's news report should state an update on where things stand on the August 10th meeting. Either way it's just a hold until things are done and reported. The MM's know this and that's why they are shorting so much while not letting the price fly. If they allowed the price to be higher than I am assuming that people on the sideline would be more inclined to jump in since they would think something is brewing. It seems the MM's want to catch everyone off guard for the time being and think nothing is happening unless someone does their due diligence. If the price was higher and people were starting to notice then the MM's would have to increase the price. I know they don't want to do this yet and are in control of where the pps is at the moment, so we just have to wait.
Thanks for the L2. People selling are either MM's making it look like a sell or just being impatient.
Can someone post L2 to check out Auto and other MM's?
What do you mean M&A?
Now the bid drops to .0071 on a buy interesting.......