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Train of Thought....
They know they dont need 950 million a/s so it is good to drop it down to 350 million a/s. In pinky land many base investments on a/s.
This doesn't mean they dont need capital to build out and execute their business initiative. Dilution does not bother much except I would rather it be at a higher shareprice and I believe they deserve a much higher shareprice today....
Thats my beef, I think the company is worth much more than what they are setting at today. I believe them to be worth minimum .10 cents and as high as .25 cents today based on the intellectual property (development engine). Heck they have potential buyers today...
Now there plan on uses of the property, if executed appropriately could have dollars value and NASDAQ potential.. Key is execution!!!
Thats just one example.....
Heck that could be smaller orders with multiple company fleets...
Bottom line....
.01 penny provides a buyout at actually less than 5 million dollars depending on o/s. That is comical in todays economy and scale. Those checks can be written by some companies with single signatures LOL. Get serious here...
.01 penny and we sit at .0008 today.. Not for long IMHO!!!!
Forget that, we are worth pennys.... for the technology alone!!!
Exactly.....
The very push made a few days ago have introduced this huge potential holding to many more investors...
SS-sharestructure
Patent pending technology
Huge potential (Obama Admin and Republican supported fleet initative) to improve fleet fuel economy and enivironmental impact
A company could buy out EGOC for a mere 5 million dollars and we would get .01 penny per share. Thats crazy.. For many big companies that is petty cash.
Easily worth pennyland where we are today IMHO for the technology..
Example: Fed Ex 45000 trucks * 10,000 per truck = 450 million potential. Just an example of the huge potential. Fed Ex was used in the EGOC video. Thats just one example, now imagine how many fleets there are in the U.S.
EGOC's device cost to the customer 10,000 versus competition at 30,000.
See what I mean about potential. You can dig this information up yourself through DD.
Risk/reward ratio huge and postive....
All at a .0008 shareprice with close to 200 million short interest for kindling to start a nice huge fire to run this stock up where it belongs...
I agree...
It will make a nice move before E3 in anticipation.....
One final dip to cover short positions and load up. Hope they cant get covered and are forced to chase a bit.
Hopefully dilution is near complete at this point.
Dilute when the shareprice is .10 cents not .01, absolutely crazy!
Awfully thin on the ask side....
Wouldn't take much for this to break up here!!!
Bids stacked up at .0007 and .0008
There is no covering that huge short position here this way....
How many shares already shorted today?????
You can bet...
They are probably shorting...
Eventually it will catch up with them in a big way!
Risky Business
Gotcha...
And agree totally.
Folks.....
What I say is what I believe and how I am playing it.
Period!!!!!
Bottom line we know there is a huge short position, they need to cover.
I invested in this company for:
SS - Exception sharestructure
Patents pending - Exellent Game Changing Technology
Potential - Obama Administrations fleet initiative
The potential is huge to say the least and at this price the risk/reward ratio is quite favorable.
.15 cents less than 1 year ago.. Fundamentals still the same..
Just what I figured...
Getting ugly here. I have no affiliation with the company.
The truth is the truth and I can sleep at night being honest in what I say and believe...
Watch closely....
they can dip this to .0008 for all I care, I will be buying..
They are unable to cover without huge volume period.... I figure close if not over 200 million shorted total... They had been doing this for weeks...Exactly why they shorted 106 million Tuesday. It was close to breaking out all the way. They couldn't have that.. Now they have just made things worse for themselves...
Minimum hold, I will be buying.....
You can bet....
The shares on the ask are more short sells......
Hmmmmmmm ... Getting desperate dont you think..
The bashers will hit it hard now... Dudes same ole tune...
We are on to you. LOL
Hold and make the shorts pay!!!!
We can hold however long it takes folks.....
There money is tied up in this to cover margins. They dont like having 100's of millions of short shares tied up. Thats dollars they cant go buy with...
Do not let them cover, the only way they cover is buy you selling to them. If anything make them short more and more by selling at the ask!!!!
You can bet thats what they are doing!!!!
Good morning Cabronicita...
Havent seen you in awhile...
So are we ready for a short squeeze????? Scary out there for the short traders don't you think.
The key was the 176 million volume (106 mil shorts) Tuesday followed up by strength on the huge short onslaught again yesterday.. Hmmmmmmmm
Thoughts???
If it is...
they may have played it yesterday but there aren't to many sellers to accomodate them....
I say screw the shorters bigtime and hold your positions....
DNAD states they have already had buyout offers...
Low float and o/s.
Earlier price targets .10 cents..
Company price targets .10 to .25 cents this year...
E3...... HUGE..
If it is...
they may have played it yesterday but there aren't to many sellers to accomodate them....
I say screw the shorters bigtime and hold your positions....
DNAD states they have already had buyout offers...
Low float and o/s.
Earlier price targets .10 cents..
Company price targets .10 to .25 cents this year...
E3...... HUGE..
Seems to be a stalemate....
I would assume that the blog now getting out is an attempt to now drive the price down?????
After an accumulated short position?????
Its not going down so easily now is it?????
Hmmmmmm could create some fireworks here...
The news from DNAD was quite interesting and postive yesterday.
Hmmmmm got me thinking...
Was this coordinated with xtreme??? big buy buy yesterday morning now sell sell dilution in the afternoon...
Hmmmmm Now they want to cover and buy cheap shares to ride her on up!!!!!!
Interesting....
Explains the short position yesterday..
This could backfire if the short positions at 200dma were part of it...
They could get caught on the wrong side of the trade. I have seen these things have the opposite effect...
Could get interesting today!!!! LOL
What we know...
Is E3 is coming soon and big game announcements occuring there.
Gambling/gaming
Contracts
Licensing of development platform
Look at the bignames at E3... HUGE..
on and on....
Not sure I would be shorting now.. based on the above info.
Yep.....
MM's may be caught up in this short trade as well.....
You play with fire here...
Sure is.....
One wonders will it break hard up on short covering or will the shorters continue to risk it...
GLTY...
Hold em tight folks....
I believe there was a plan to drive this stock down after the uptick and huge short position. Only problem, this trick has been played one to many times. LOL
The potential of EGOC and the Obama's Administration push for the new fleet initiative may have put the shorts on the defensive here...
Other words the SHORTS are hurting bigtime.....
Only options for them, continue shorting or COVER....
They can only short so much longer... The short traders losses are unlimited!!!!!! Realize this, Margin calls are ugly but will explode the price upwards...
The only way they get bailed out is if you sell...
GLTA......
Trading thin...
With the short positions this could break up in quick fashion with the right news...
E3 on the way...
We figure 50 million or so in the float... Scary..
It is risky ....
Thats for sure. I don't get it either. Doesn't make sense. Makes one think..
Over 11 million shorted...
Here yesterday!!!
I get the buy/sell....
Data off the IHUB site under trades...
GLTY..
Thanks...
for posting that...
Its good to watch on a daily basis..
I am too....
Ready to see this break out...
I am just saying....
xtreme with their change in tweets (sentiment) during the day mid-stream and reverse in direction in a moments notice leaves them suspect IMHO...
When you say you are a mid to long term holder you do not change your stance on and off mid-day based on trading especially when you find out there has been a sizable short position building....
Your research should be better than that.
It is what it is!!
GLTY...
Super....
Good to see!
Neither am I....
GLTY...
I like it too...
Good buddy..
Key now is to hold hold hold. Dont let the shorts off the hook.
It is my opinion that we will break into pennyland. It is just a matter of timing.
Don't bail out the shorts, if we have any downticks today, you know its short selling and folks, DO NOT SELL, DO NOT LET THEM SHAKE YOU LOOSE. They can only get off the hook if they buy. Make them pay a penny plus. Margin calls will kick in then we will explode upwards and fast...
If anything steal the shares they want by BUYING.... If you cant buy then just HOLD.....
The potential with this stock is HUGE...
15 cents less than a year ago and gaps can be filled both directions. Down and Up......
I think we are due and so is EGOC... They have been played long enough by the short traders over the last year and is ready to break out in a major way!!! Lets make this want short trade they shouldn't have made...
GLTY...
Somebody is shorting....
And its interesting they say "buy buy" then say "take profit profit dilution" right when a huge short position is added during a nice uptick in price. Seems all to convenient to me..
Yes I believe you are right that they may hold a position but playing the short trade lets them make dollars while waiting.
I am sure when DNAD pops they will say, we told you so 1000% to 4000% profit. Thats what they were saying at one time anyway.
They wont mention all the twitters in between...
We can take them or leave IMHO...
Dont need em, to inconsistent and the "dilution" comment they made yesterday turned me off especially when I see at the end of the day there were over 10 million shares shorted....
Yes it is.....
Buying stock my loss is limited to my investment...
Shorting a stock your loss is unlimited ESPECIALLY at these low prices.
Your loss is unlimited or atleast until you get a margin call and your broker buys the shares back draining out your account for you. Not good, I know a guy that happend to, he not only lost everything but unfortunately they bought back at the worst time leaving him a huge balance owed...
Scary those short positions on margin....
Hmmmmmm.
Another thought...
What do the board members think here....
xtremepicks, I dont know them well enough. In the morning they were saying buy buy buy, then called out dilution dilution dilution later in the day...
Now they wouldn't have shorted early in the day when they were saying buy buy buy and then after having a sizable short position said take profits/dilution in the afternoon to trigger selling would they?????
Just curious, I have never dealt with them before or watched them this closley before until DNAD...
Thoughts????????
Margin calls can be painfull... but fuel the fire for us to move up in a big way....
GLTA
Think about this...
Today:
36.6 million sells
17.9 million buys
Of those 36.6 million sells 23 million were shorts...
Leaves
13.6 million sells
versus
17.9 million buys
Exactly why you see very very little distribution for today on the charts versus the HUGE accumulation yesterday during the 106 million shorts..
Typically in the past when EGOC pulls back after a quick run up you see huge distribution closely equaling the accumulation the day before... NOT TODAY hmmmmm Not even close. The distribution was not even close to the accumulation of the prior day...
That tells me something...
Hmmmmmmmmmmmmm
Shorts wont be able to withstand this to much longer!!!
Float definitely drying up.....
All longs, hold onto your shares well into pennyland. The shorts will be scrambling for shares to buy to cover their short positions.
This is not the typical jump and pullback. This is different and there was HUGE accumulation yesterday with very very little distribution today.
Setting up for a HUGE move IMHO!!!
I think the shorts are going to get caught on this one in a big way even without news...
News hits GAME OVER for the shorts.
I agree ....
The SS could be higher than 500 million a/s and they would still be digging their own grave. Figure 500 million a/s and 2-300 million o/s at the most...
I don't think they anticipated the volume that hit them yesterday and today. My bet is yesterday they were protecting an existing short position by adding over 106 million more and today all the talk of emails and p&d followed with more massive shorting they thought it would fall.. But it held .0011.
They are short my bet pushing 200 million shares. Ugly!!!!!
I am with you, they are playing with fire here.....
I was away most of the day today, but I will be adding tomorrow.
I believe in the EGOC, technology, future, and potential.
The littlest PR sends this to double digit pennys hands down...
I couldn't sleep at night if I were short that many shares...
Margin calls can be painful..
.15 CENT SHAREPRICE...LESS THAN ONE YEAR AGO!!!! THINK ABOUT IT!!!!
Think about it....
Float around 50 million or so we figure and today over 11 million shares are shorted!!!!
Scary IMHO..
There is alot of fuel for the fire upwards here IMHO...
I think someone wants people to think there is major dilution going on....
Short Information.. Interesting
5/18/11 Short Shares: 11,324,874 Total Volume: 28,376,830
Seems pretty risky to me to be shorting this many shares.
xtremepicks may be surprised that there isn't as much dilution as they think with all these share being shorted...
They may need to re-evaluate. Honestly, they haven't done much for us anyway. We will fine without them...
No way I would be shorting this many shares with all of this potential...
Short Volume....
5/16: Short 1,095,000 shares Total Shares: 4,494,500
5/17: Short 988,000 shares Total Shares: 2,724,375
5/18: Short 875,000 shares Total Shares: 8.278,100
No way I would be shorting this stock at these levels and low float...
Risky IMHO...
Yep... I agree with that... eom