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I agree...
Any buying pressure will send it flying. The SS is incredible and any news or speculation will send this stock upwards...
Reserve estimates, patent approvals, sales, with this structure will fly... Either MM's walking it down or a few shareholders lost patience.....
Key to this stock is SS and GOLD!!!!
Incredible sharestructure and hottest sector!!
Easily worth buying in at these levels and being patient!!
glta
Have you watched the video...
Take a look, many irons in the fire. Bottom line they could easily be a buyout candidate with the 7000 acres of prime land loaded with ng/oil reserves and draw pennys per share...
Looking forward to the summer months..
glta.
Shaking Shares ....
IMHO.. there is no fundamental change in the company, if anything we are getting closer to finding out about the patents etc. As many posters mentioned EGOC typically trades down then technically corrects upwards. Dont you find it interesting after setting in this range for so many weeks it dips on no news at all.. Thats just like it jumps on no news at all and comes back down. We all would agree with the current SS and irons in the fire the stock warrants a speculative shareprice higher then where we are....
I plan to grab some .0008 shares tomorrow. I was out fishing today so missed out on the opportunity. Fishing was good!!!!
glta
Agreed....
Very good opportunity to accumulate more shares.
Holding well in the new trading range...
Looking forward to the remainder of 2011.
Should be interesting and exciting.
glta
I hear ya buddy...
It does many times look its worst before it breaks out. I have what I have and will keep it but also plan to sell on any break up, unless news is substantial to keep some.
If it breaks down to .0005, then I might add some more..
Just not in the slap at the ask mood though.
I guess you could say I am very cautious with this holding.
Looking for management to increase the A/S another 200 million shares, that wouldn't do good for a move.
I am with ya buddy and holding...
I agree totally...
This is a buy/hold stock. Day to day it will fluctuate but when it moves it moves fast to new trading ranges.
It has the makings of a stock that can sustain double digit cents and even higher with its low float. Easy.....
Normally the cream rises to the top and I believe that will be the case with this stock. Predicting which day is to cumbersome. It will happen when it happens, just dont miss it when it moves.
There will be a point when it leaves sub-penny for good and I do believe that time is soon!!!
We know multiple contracts on the way, 5 million in revs, development engine, and holiday season vastly approaching. Some say thats way off, not for those in the gaming and app industry, its just around the corner...
I have a hard time believing we could see .004's again but I have dry powder allocated to by on any dips and on breakouts!!!! bigtime..
glta ...
More News....
SINGAPORE (AP) -- Oil prices hovered above $107 a barrel Thursday in Asia as a large drop in U.S. gasoline supplies suggested the two-month crude rally hasn't yet undermined consumer demand.
Just holds true to the point higher oil prices are here to stay one way or another..
We dont need $100 oil to reap huge rewards from the 7000 acres of oil/ng reserves, but it doesn't hurt..
With domestic ng/oil on land a big push now by the govt. finally in the U.S. you have to think some big boys could be eyeing that 7000 acres. Either way we do well!!
glta...
I Agree...
More Cowbell is what we need.
Your prior comments about due for a bounce. I agree totally that a bounce is in the cards, just not sure when.
Funny how many times with holdings like this especially when huge breaking news is anticipated but delayed, MM's will shake the stock out again and again while MM's load up on shares...
Its easy, with obvious frustation setting in, MM's continue to rule the day. They let it go up enought to wet the appetite of anticipation then sell it short down, cover and accumulate again and again. This stock has sat at these depressed levels for quite some time now.
I truly believe we will have a technical bounce upwards but the mother load will occur when patent or contract news happens. You do NOT want to be out the stock when that happens.
What can you say, be patient and wait.
glta...
Yep...
right after all get impatient and sell. The news hits...
Bet on it, as soon as you sell, out comes the news....
Honestly, if we would all do that right now, I bet the news comes out in no-time....
Anyway, I am not going to worry about it, I am in and want to see GLGT's hand. For now I am going fishing..
Later dudes...
Pieces of the Puzzle in Place...
Folks this will run when it runs. We are just churning right now. Some flipping, many wanting in as cheap as they can get. Those buying in now for the potential will be long holders in my opinion. Not worth timing the ins and outs with this potential juggernaut!!
New contracts on the way!
I am out of here, leaving the office for the lake, going fishing!!! I will sign on later.
glta
A concern I have...
and why I am not filling out my position....
Everyone on this board is waiting for the technical bounce so that they can sell. I to was intrigued about this scenario when I first came here but more and more people are openly discussing selling into any move up...
What that tells me is we will be consumed by flipping and you have to have new buyers to pull that feat off. I am not so sure the gig isn't up on this stock.
I have tried to see a potential opening with the internet play and hdtv play but I am having to be quite creative to make that fit into my thinking. I need to stick with the facts and they aren't much..
I am in with part of a position but will not continue to fill it, even with selling going on at .0007. I will not be buying. This is dead money.. Lets face it, its not a gold or oil stock. Atleast those sectors are hot. The technical flip, well the cats out of the bag there...
Just wait I guess glta... Sorry just being honest
Is that better!!!
I slapped the ask...
Honestly .0014 is cheap considering SS and where I believe we are heading..
Thanks.. I normally I fill my position completely first before slappying the ask but gee setting at .0014 is cheap!!
I am still in accumulate mode and believe me if it looks like it is about to move I will finish filling at the ask!
glta...
I was wanting ....
some of those .0011 shares. Any more for sale???
We all know the smallest inkling of news of gold reserves or mining coupled with the share structure will send this stock upwards..
I am still interested in the patents.. There is value there
glta
Positives for Us in the NEWS..
See what I mean!!! I may change my SIOR target back between 5 and 10 cents for the summer...
***
Job Openings Rise to Highest Point Since Sept.'08- AP
***
Buy Crude, Could Hit $160: Bank of America
EmailPrint..On Wednesday April 13, 2011, 9:41 am EDT
Following Goldman Sachs' negative call on crude prices which took the wind out of the commodities rally this week, Bank of America Merrill Lynch is predicting a 30 percent chance that Brent crude could hit 160 dollars a barrel in 2011.
"With oil demand expanding rapidly and Libya production down by at least 1 million barrels per day, we forecast (the) Brent crude oil price to average 122 dollars a barrel in the second quarter, and believe prices could briefly break through 140 dollars in the next 3 months," she said.
Sort of Funny...
I am sitting here while the shareprice is challenging a penny, and can come up with several good supported substantial arguments why the stock can support a 25 cent shareprice, and they are all quite reasonable not requiring crazy assumptions..
Incredible the potential here.
Hold tight and glta.... 2011 looking to be DNAD's year.
Another perspective...
Valuing the company on a conservative basis not taking into account the sector we know today we are generating revenues of 5.2 million lets add to that at a minimum of 5 million for the intellectual property (applications and development engine). This could be to low.... New contracts are on the way.
Conservatively 10 million as a buyout number and market cap would reflect a shareprice today of .09 cents. This is a steal anyway you look at it...
I seen a post the other day where a Japanese company paid 400 million for a company generating 3 or so million per year. This puts it all into perspective. Keep in mind the huge leverage DNAD has is with their deveopment engine... Huge.
IMHO each title they release their multiple increases. Just food for thought!!
Nobody has pinched me yet. Please pinch me, is this for real at under 40 million in the float.
My bet, we will churn as the investment community soaks in whats really here and you can bet they along with MM's will try to load up as much as possible as cheap as possible before letting it run to proper valuation....
Not getting any of my shares and I am back in accumulation mode right along with you...
glta
Oil rebounds to near $107 on Kuwait export halt
Oil rebounds to near $107 in Europe as Kuwait halts crude exports due to sandstorms
What did I tell you, whether it be a sandstorm or regime change there will always be something as long as we are dependant on outside sources for oil. This tells you something when you think about it. If one sandstorm can cause oil in selloff mode to stop and rebound. Can you imagine what happens this summer when hurricane "whatever" is forming in the gulf or the Saudi govt. eperiences rebellion, or China's demand for oil grows right along with their projected 9+ percent annual growth.. Get the picture. These .003's are a steal IMHO.
You can bet GS on the "pullback" call was buying back in. LOL
So then when they project "higher" oil prices they are locked and loaded... LOL
glta
Youtube is free yes...
but generates large amounts of traffic and ad revenue. Its another way to generate exposure. Your various social networks are free as well but they generate massive amounts of revenue.
Just when you get frustrated enough to sell is when this will make a move, happens all the time.
Just some thoughts..
glta
That would be great!
Football game would be huge on all the devices. I remember many years ago gee back shortly after "pong", anybody remember then? A small electronic handheld football game came out. Can't remember the name but it was so popular and of course my kids grew up playing Madden Football.
A handheld take with you anywhere football or gambling game would be huge and to think they could target all devices with one development/test/beta cycle... hmmmmmmm
Going into the holiday season with DNAD is going to be an adventure that is if they aren't bought out before then.
glta
I have what I want...
at this point. Wait and see here. Sleepers like this can become overnight success stories. I like the SS and past involvement with Marathon Oil.
Yes It Is....
If this were a stock with no definite plan of attack to revenue generation I would be getting frustrated too.
EGOC is quite opposite. The potential they have here is bigger than HUGE. The stock could overnight break well into pennyland and hold its ground there with developments already in the works.
Technically the stock will eventually break out but like I have said before I am in for the homerun and patient enough to experience and earn it.
glta
What I do varies...
When accumulating I buy on the bid. When I am happy with my position and the technicals look appropriate I will begin to slap the ask.
I did this the other day with DN?D and among other investors we aided in the breakout. Its the only way to break through fake walls that MM's put up. It doesn't always work that way but I feel once my position is filled and I am happy I will be a part of running it up.
In the event I get to the scene late I may accumulate as much as I can but once I see the stock moving I buy at the ask.
With SIOR, before yesterday, I was happy with my position and the bands were tightening. I was ready to begin slapping the ask, then we dipped (caused I believe by GS call). Now if I was in a larger exchange stock I would say this may take days to correct itself. Not the case with pinkies. I am wait and see and back to nibbling.
Anything in the .003's is a buy to me so I may be ask slapping today. My position is full but these shares are so cheap..
I have a lot more to my strategies but those are a few things I think about.
Fundamentally SIOR has 7000 acres of prime oil/ng reserves. I do not see the energy situation correcting itself anytime soon. That tells me I can add and be patient. Geo Political events are still ever-changing. GS's oil targets had been surpassed and as traders it benefits them to now pull oil back to do what???? Run it back up later. Thats how they make there money...
One thing to note, a stock so undervalued as SIOR, will technically correct itself without news. I personally believe SIOR is way undervalued so it is my belief this summer whether it be via progress updates or technicals this stock will break out. There is no doubt in my mind it can sustain well into pennyland with its potential.
Patience is key!! glta
Very respectable revenues indeed...
that comes out to about 5.2 million dollars. Again somebody help me out here, we are under 40 million shares in the float generating today over 5 million in revenues and under a penny.
The key to this acquisition is not just the completed applications, its the development engine. The picture gets clearer for me the more I think about it. I am a software engineer that owns a software/administration company. An engine like that would require massive development time and huge dollars or sweat equity. I would value the development engine by itself in the multi-million dollar range.
I believe more than ever they have increased their multiple in value easily by combining the synergies of both companies. What a smart move. They are doing this via two approaches:
1) Adding contracts/revenues via new applications (baking the cake)
2) while displaying the true power of the development engine (icing on the cake).
They are officially becoming a buyout candidate and every added contract and new software title created proves the power of the development engine whereby adds to the multiple in valuation..
It will be interesting to see how this plays out. I am not selling anytime soon!!
Keep the SS in place and I have a hard time seeing this stock priced in pennys for long. JMHO
Very Good to See...
The little walk down then right back up.
Feel sorry for anybody that got spooked and sold. You can bet the MM's were grabbing what they could. I actually added a few, they were hard to get.
Makes one wonder what other news could be lurking out there.
We have a legitmate company with a small float and revenues on the way. A major advancement in technology with the acquisition puts intellectual property into play and I might add valuable intellectual property. Wait a second, is this a penny stock??
With revenues, intellectual property, and a few new contracts soon to be announced, I am sitting here wondering how in the world this stock will remain under .25 cents. I mean lets get real here. 40 million in the float in a tech company generating apps for multiple target environments with revenues. Lets be real here...
Somebody pinch me!! LOL
glta
I am not concerned...
Gee some of my biggest winners occured right after downlisting. Just curious if there is some merger/jv talks in the works. They do have a chunk of oil/ng reserves. hmmmmmmm There seems to be alot of m&a activity lately.
All good, either way IMHO.
I am not happy or concerned about it...
glta...
Notice how the MM's
walked it down on no volume whatsoever...
No way I am giving mine up....
I think I will add as well!!!
I am sure several ...
sold a few shares to reduce or eliminate the cost of their shares which is not a bad thing. I would think those shares remaining are locked for a much much higher shareprice.
I have a nice chunk and plan to hold, like I said, I am looking forward to all the apps and gadgets for the holiday season. You can bet we are going to find out a few within 60 days of that March PR stating some deals in the works....
Definitely wouldn't want to be out of the stock, you never know when a bombshell will drop!!!!
glta
Nice Find....
I like the .50+ cent pops in 2008 and 2009.. Heck the .15 cent pop was nothing to shake a stick at in 2010..
Its just a matter of time folks. Technically and from news..
Patience and wait...
Good ole buddies GS...
I have seen that the dollar is called to be weakening so IMHO take the opportunity to add on the dips. SIOR can see penny's without $100 oil. The 450 million in oil/ng reserves exists to be tapped into.
The problem for SIOR over the last year was the inability to take advantage of the reserves. Having the ability now to become productive with the 7000 plus acres of land was the key. We see progess there and we see ourselves in pennyland.
Of course we were all looking to higher oil to run the stock up prior to any progress being made and a 10 cent shareprice. So now we settle for .05 cent shareprice until like you said it begins to move up again this summer...
Driving season, hurricane season, summer heat (natural gas), and any glimpse of an economy starting to pick up and oil will be on its way again. China and India are still growing at 9 & 8 percent clips respectively. Don't forget our ole buddies from the Middle East. I feel quite comfortable accumulating down here.
We are still on track and the small amounts sold in the .003's are minimal. Actually I have been cleaning up some lose ends with a few here and there...
glta
Consolidating Nicely...
Before it continues its upward move..
Some shares changing hands.
Under 40 million shares in the float. Shares are tight and I wouldn't be surprised to see it steadily appreciate throughout the week and beyond.
glta
Oil Call Today....
expecting oil prices to relax a bit do to settling in the Middle East and reduced demand for oil. These calls come and go and can change in 24 hours.
Bottom line for SIOR the 450 million dollar rev targets were not based on the recent highs in oil and will be the catalyst for SIOR to move up. The big play for SIOR is the arrangements made that allow them to drill and get at the 450 million in oil/gas reserves.
I am nibbling more shares in this range and consider it a gift.
Just my thoughts...
Absolutely...
My shares are on lock down!!! LOL
They are to hard to come by and will continue to be...
With this float and potential growth, like I said before, I have a hard time picking an intermediate target. This sector can generate a huge amount of momentum.
They have all their ducks in a row, share structure, and product, not to mention sector, to become a $1 stock by the holidays!!!!
It is what it is.. These only come by once in a great while.
glta...
Shares are Super Tight......
Getting cheap shares is getting more difficult. The Bollinger Bands continue to tighten. All good.
I will continue to nibble. Summer closing in will be good to SIOR!
Super news...
Great to get this finalized. Now they are a high margin generating app developer and officially IMHO buyout candidate.
This space is competitive and more than not rather than battle an up and coming competitor, if they have something you need, like the development engine, you buy them out...
glta.
Agree Totally...
Ground floor opportunity here with lots of upside. DNAD is just getting started.
Low Float with a CEO focused on shareholder value. You do not hear of many CEO's reducing A/S. Hard to really predict a target, with momentum, tight float, and the characteristics of the sector, the shareprice can factor in massive growth.
I am playing this as a nice long term holding going into the yearend holiday season. Apple, android, apps etc. will be huge.
Their unique development platform also gives them the edge in profits and margins.
Like I said hard to predict an intermediate top-end target and new trading range?? .05 or greater??
glta
I agree with you 100%
With some volume and technicals we could easily see .005. That would be a great settling in point waiting for news. News is the catalyst that will send us well into pennyland IMHO. Thats unless a leak occurs which has been known to happen and we could see pennies before news. Funny how that works sometimes.
glta
Absolutely....
the SS is extremely attractive here in the middle of the hottest sector out their GOLD...
Any projections of possible gold reserves and revenues, schedules, etc. this could overnight break up hard. Shares are tight.
Gold is and will continue to be hot for the near term future on out. Inflation and energy prices up this summer and an overabundance of printed money out there with a weakening dollar will continue to push gold upwards.
No doubt companies like SPAH will soon feel the effects.
Also one other note to keep in the back of your mind. Those who worry about gold bubbles. Thats music to my ears. Folks when bubbles are close thats when stocks scream uncontrollably.. This wont happen for quite some time, but when it does SPAH will benefit from that as well.
When that time occurs I am sure SPAH will be well into pennyland.
glta
We could run ....
on technicals and anticipation of news regarding patents and contracts. Timing is getting close. We could actually move up to a new trading range. Risky selling on the technical move when news could occur at any time.
I am with you, give us some news and if its patent approval and possible contracts this could be a powderkeg lift off..
glta
The right news....
will blow the lid off this thing and give us one heck of a short and long term ride....
Have a great evening all!
I agree with you completely....
That deal could easily send them to .05 cents and packaged right would make an attractive buyout candidate for a shareprice much higher than .05 cents.
Either way, buyout or not, this stock is going to perform nicely.