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The only reason this is below a penny right now is because of that A/S increase. That seemed to really scare some investors away. We don't even need a PR per say, just a good justification for the increase in shares and an update on business. I still feel like that A/S increase was for more than "cleaning up" the balance sheet. The first increase to 1.5 billion might have been for that, but I believe the increase to 3.5 billion is for something else.....
Did Shish (I think that was his name) leave? The only one that I know is I.T.M. that left.
I truly believe the highest we are capable of going right now without a PR is in the .009s. I think it's going to take a PR to shoot us over a penny. But when it does, then watch out.
I must say this is getting a little ridiculous on how long this has been delayed. In their defense, I understand product delays happen and better to get it right now then pay more later to correct the glitches. Hopefully some decent retailers will get announced - that is key.
We need a PR. I believe one is coming that will address the situation with the A/S increase. I believe a PR regarding patent approval or some kind of partnership will cause this to run to .002 - .003 in a very short period.
I liked how support held up around .0052 today. I also liked the strong finish. I think we go green tomorrow and end the day somewhere in the .006s. I feel like it's only a matter of time before we get some type of big PR with regards to the A/S increase.
This stock has been beaten down for quite a while now. I feel like it's only a matter of time before this bounces back big and starts a climb into the .20s. I definitely feel this stock is big time undervalued right now.
Can we close above the almighty .008 resistance is the big question! IMO, watch for an early morning spike then a sell-off back down to .006s or .007s towards the end of the day with profit takers. The best is yet to come. I feel like something is definitely brewing in the background right now and it's only a matter of time before we get some kind of huge PR announcement.
I agree. We have to close above .008 first. That has been the major resistance. We close above that, well I think we are in penny land.
Anything in the .006s, I'm all over!
I agree, although I don't see the sell-off being near as big since we didn't have a 130% increase today. Rest assure, I will be waiting to add on a dip tomorrow though.
I could see this dipping back into the .006s tomorrow before ending the day back in the .007s or .008s due to a little more profit taking. I think .005s and .004s are permanently gone at this point. Thoughts?
Perfectly said!
.0062 seems to be the new support level now
Not good broken the almighty .0072 support. We really need this to close above .0072 to test a penny tomorrow otherwise we close in the .006s and stay there until next major news with a little bit of fluctuation.
What's that supposed to mean??
This is exactly why you don't want to get caught with your pants down!!!!!!!!!!! We need to hold today folks. I would honestly be happy if we can hold above .008 but would love if we can blast through a penny!!
Haha holy cow, I open up my Thinkorswim and see it jump up this much already. We need to hold in the .007s at least!!!!!!!!!!!!
Haha holy cow, I open up my Thinkorswim and see it jump up this much already. We need to hold in the .007s at least!!!!!!!!!!!!
I agree. The key is that IMO I think svfc has a very bright future along with the stem cell industry in general. I think somebody today stated they discussed it on CNN. I also like the fact they are going after the sports athletes industry. Huge money to be had there! I'm expecting huge announcements for svfc in 2014!
You hit it dead on. I couldn't agree more. I can't count how many times where some kind of news came out and people were expecting a stock to increase greatly. I think the biggest win with this news is just being able to move on. I also think news was being held up until the case was settled. Now that it's pretty much settled, we could expect huge news any day now. I think whatever that news might be is what really cause this stock to run. In my experience with penny stocks, they run when you at least expect it (probably mostly due to "Big Money" people getting leak of news before the average person does).
I agree. And honestly, it could be something simple as using the money to build more facilities. I truly believe that the last increase in authorized shares is directly related to something huge that will greatly increase revenue potential, whether that be expansion of facilities or staff, partnership deal, or etc.
I think patent approval would be the best news we could receive next (short of some partnership deal with a huge company). I think patent approval would definitely open up the doors to huge partnership deals or a buyout. I still have a hard time believing they issued another whopping 1.5 billion of authorized shares just to "clean up" the balance and get rid of debt. To me, that would seem like the first huge increase to 1.5 billion shares was used for that. I think something is brewing in the background and we could receive news any day now on what it is.
That's what I'm thinking. Very strange how it spiked up mid-day like that. Now that it has officially been announced this stock should start bringing in a lot of new investors. I still don't think this is what moves us up that much. I think there is something brewing in the background (some kind of partnership deal) that will be released shortly now that they can release PRs again. A victory in the courtroom should ignite the run but I believe bigger news is yet to come!
Awesome news! Hmmm, something seems to be brewing!
Well I think that's what we are all expecting. I don't know, I just have a hard time believing they bumped up the a/s to 3.5 billion just to pay off debt and clean up the balance sheet. To me, I think there has to be some kind of partnership deal already done or in the works.
Once we get an update or PR announcement we should hopefully blast through penny land. Hopefully the bad news is behind us now and this will snap back.
The way I see it from a high level consideration is that we the pps held up pretty well today considering what a lot of people consider bad news with the increase in A/S released last night. It has tested the .004 support multiple days now and bounced back every time. If it breaks that support then I will sell out and look to buy in later. Now it's time for a PR announcement to give justification for the increase in A/S or what their plan is going forward. IMO, I still think something is cooking in the background (some kind of partnership deal). I think they know they have to come out with some big PR announcement before the A/S increase goes into affect.
Key support levels I believe we need to hold at are either .004 or .0046.
I agree, we definitely need that to hold.
If you look at the 8k, the authorized share increase was approved on the 1/22/13 I believe to 3.5 billion. People briefly discussed this last Wednesday.
What does fld mean?
Agreed. I believe it was used for some kind of partnership deal. Like I previously stated, I don't think the volume spike in the last couple of months was for nothing. Also, the pps has held up pretty well with forming higher lows.
I completely agree and that's what I've been trying to tell everybody. Although not as in depth, this was already discussed briefly last week when somebody pointed out that the authorized outstanding shares has increased. This could have been why there was a selloff on Wednesday of last week. The close on Tuesday of .0074, was setup perfectly for a huge run to penny land and got cut short. I definitely think the current pps has the new authorized share increase built in. Right now what we need is a huge PR to counteract that giving a good reason why they increased the shares and the future of the company. If we receive that, I think we easily jump into penny land.
It will be very interesting to see how the market reacts tomorrow. Keep in the mind this is not new news. This was already discussed once last Wednesday when somebody posted that the company approved the increase of authorized shares to 3.5 billion.
I agree. Looking at it from a very high level perspective, volume in this stock didn't randomly surge in this stock for no reason at all. Big money knows something is brewing in the background.
IMO, I think tomorrow will be the telling story on how the 8-k effects the pps. If it doesn't, then the chart is looking very good right now. Big volume with a nice base forming in the .005s this week. It tested the high .004s support three times today and it bounced back a little at the very end. I personally think it's just a consolidation stage right now until we get some news.
I guess we will find out tomorrow on how the market reacts. I might sell first thing just to protect myself and see what the pps does. I really believe though that the "big money" controlling the pps already knew about this last week and this is old news. I think the fact this spiked up in price again on Friday and early Monday to test the high .007s resistance is a good thing showing that the increase in authorized shares determined last week hasn't effected the run that much.
The increase was already approved on 1/24/13 though if you read further in the 8-k form.
I agree. My whole point is that this was already known last Wednesday and was discussed on this message board. If it was known on this message board than, rest assure the MMs knew about this already. This could have been what halted the run last Wednesday but who knows. It sure seemed like when it closed at .0074 last Tuesday it should have easily broke through a penny on Wednesday. I'm thinking this news is already built into the current pps.