Get in early, get out early. Take profits
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Your welcome, you pied piper!
I'm not kidding.
Marketing won't do that. Everybody says "we're the best." The proof is in the pudding. You have to be there when needed and cheerfully provide the promised service.
I've already rigged the contest. I have enough people under control so that I can have the board reach 1000 at my specified time.
Well, the problem is that when they release financials it may look bad, as if he overpaid for them. This may cause investor concern at first but in my case it cost a fraction as much to keep them as it did to sign them up, again assuming proper member service. People who understand this won't be concerned as the numbers are easy to extrapolate. Say he pays $200 for each member he buys. Some might say "how could he do that when they only pay $180 per year?" The answer is they will pay $180 next year and it costs next to nothing to renew them. Again I will say assuming you service them properly! The reason that is so important is that if your reputation and service are impeccable you will have satisfied customers who tell their friends. And guess what it costs to sign up those friends. Nothing! They come to you. It's a great business model.
Thanks. If he can get enough members, any way he can, and service them properly, they will renew, tell their friends and it snowballs. It did for me.
I owned a member service business and I understand Watson's reluctance at this point to release numbers. When I was trying to sell memberships to two different organizations at once it was often at two different rates based on what I perceived to be the different rate of service I anticipated for each group. I wouldn't want one to know I was offering the other the same deal for 20% less. I didn't want the companies I was soliciting to know what my rate of members serviced was either, or exactly how many I had. Watson right now is in a difficult spot. People have to know you're there before they sign up. Why would people sign up with you if they don't know who you are? Once you have members it's much easier to keep them than it is to sign up new ones. This assumes, of course, that you service them properly. In my case, I found out it was worth getting them any way I could and then renewing them at regular rates.
I would say the original "warehouse" plan had no merit. I say that because the first mention I saw of it, the 4/11/08 10q, caused an immediate tanking of the stock price. I assume that was caused by people much more knowledgeable about that kind of thing than me. It has trickled down ever since, except for a brief bump in July that, imo, was in anticipation of something new coming in the August 10q. When nothing new was in that it's been downhill ever since. I don't think they were looking for more than 2 million to fund the warehouse. I'm sure there are plenty of people even in this economy today that would be willing to risk that on a good idea. Therefore, imo, it's not a good idea. Ok, I have no problem with that. I've thought up plenty of things that weren't good ideas, like about 2/3 of my trades. The problem I have is the total lack of attention to letting shareholders know what, if anything is in the works. That means this is going nowhere. So, either I dump it or have patience. I choose patience.
I have held this about 10 times longer than any other pink stock I've had. I did think that this one might actually be the rare investment, because it was new and clean. Oh well. I have enough in this so if it moves up I'll make some (for me) "real" money, but not so much that if it goes no bid I'll get hurt, The only way to play these things, imo.
Charts at this level can be deceiving to me. Sometimes an issue can trade down all day on large volume and then close up on a $10 trade so the chart looks like it was a big volume up day. The heavy trade days, 02/02 and 02/17 were big buying days, in my opinion, and that's why I picked some up. I'm holding because I expect something good to happen plus it hasn't fallen on big volume. Patience is required, though.
There's been some heavy volume in this one recently. I'm just waiting to see what's up.
It looks like this one is on the back burner.
Cheap isn't the word. Forgotten, crumpled up and tossed away, neglected, among others. I thought something good would happen here, still do, but at this point I'd take some fluff pr, a good run, you know, the usual "pink" stuff.
Let's start a little side pool as to when you'll say 1 left at .001
Thanks. I don't have a lot "invested" in it and I have patience. Two requirements down here, imo.
Agreed. I've advocated patience repeatedly on this one. Maybe the o/s is maxing and those who hold the 250m would like to see it run a little.
Thanks for posting that.
It adds up over time. Patience...
I'm still here and agree with you.
Just trying to look for positives.
I saw those and since they both show no share count I assume they either sold or they have been diluted below the threshold. Only the latest filing has the "less than 5%" box checked. I'm a short term guy and since they are dated as of 12/31/08 and they could have been out for a while they don't mean much to me.
Now you know why my friends keep telling me I'm a few sandwiches short of a picnic.
:)
Me too, although I don't have much.
That's interesting. It says it's for the period ending 11/30/07 which is 4 months after their 10k which covered the year ending 07/31/07. It has to be a typo; Nov. has 30 days; they must mean 10/31/07. Maybe they are starting the process to uplist, which would mean they have the money for a bunch of audited financial reports.
There should be a lot of people who regret not getting in this one; it's a strong chart. Those who missed the first run up to .0035 saw it go to .007. They now have another chance to get in. We will find out tomorrow if they want to.
I am. Who else?
It's nice to see that Pinksheets.com gives us a $32 estimated market cap as of 2/24/09
It's hard to tell from google maps but it looks like a strip mall so it's probably one of those package/mail stores. It doesn't mean anything to me; I just thought I'd mention it.
Legends has the same address as SGLS.
I think the Watch Dog ID site info was changed today.
Some news from RMDM late today. It did a trade worth $.075 in anticipation today!
It would be nice. Patience...
Looks like another $12,000 or so for the company bank account.
This copied and pasted from sos Florida (www.sunbiz.org):
Florida Limited Liability Company
WATCHDOG ID, LLC
Filing Information
Document Number L08000003844
FEI Number NONE
Date Filed 01/11/2008
State FL
Status ACTIVE
Effective Date 01/10/2008
Principal Address
429 N HAWTHORN CIRCLE
WINTER SPRINGS FL 32708
I guess they are busy with CMLT, SGLS, and GRDO today. The quiet today shows to me that trading here lately has not been public driven. A good sign in my opinion. Patience...
In a few days the chart will look like IGTP. I hope it doesn't look like ENCS!
May I refer you to a previous post of mine:
http://investorshub.advfn.com/boards/read_msg.aspx?Message_id=35777321&txt2find=full
I put in an order late this afternoon to sell 100,000 limit at .0046 and it was partly filled, first 6,000 then 50,000. The rest of the order didn't fill. I believe at the time I put the order in the bid/ ask was .0041/.0048 and it went to .0042/.0046
I may pick up a little more if I can get it cheap enough. I still can't believe this will come to nothing and if there is any news at all positive it should go up nicely. I still have some patience.
It's fascinating to me that according to pinksheets.com $159,028 traded hands on this issue today.
You bought it from me. Talk about good service!