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How are they managing to pay for their daily operating costs if there is no substantial revenue yet? The float isn't increasing substantially, so no serious dilution that I can tell. As far as I understood any loans they got were to cover acquisition costs. Granted, anymore the way the system works they could say they are needing money for a phoney acquisition and then say it fell through; but I would assume there is a clause that says the funds would need to be repaid in that scenario.
Look on the bright side, atleast they can't sell enough shares to cover all the costs of fees and OT compensation because no one's buying.
but..
Do you have any old computers you would like to sell?
The problem is that whenever some of us do slap the ask and buy in or average down; the "debt converter" or VNDM has an endless share amount to keep selling into the run and kills it. Once they've killed the run, they bid whack it even lower with a small amount just to make sure it stays even lower for the next run. It makes no sense really, that sellers would want to sell on the ask lower than previously when they could get much more. Its almost to the point now that until that is over, no one wants to buy in; especially if there is no news.
Is that seriously a trade for $1.28?
Look at that accum/distribution line. I don't see a sell off or any major dilution just by looking at that.
I think you are posting on the wrong stock board. How do you know what the company financial status is? What are you reading that has been audited and filed that shows the expenses vs. revenue? Or are you here just to try to scare people with doom and gloom? You should try posting information like links and explanations to be taken seriously.
Perhaps, but remember, there are some day traders that play this stock that have admitted to getting paid regardless if the stock goes up or down that are out to get Folger. The best way to anger shareholders towards management is to deflate the share price. A simple whack trying to push it down does just that, conspiracy theory of course, but it does fit the foot.
If they did do a huge reverse, does Johnny get to keep all his shares in the "Matson Trust" intact or do they get split too?
I think its more of a mix with people taking tax losses for 2012 that bought higher. Also, how come you know how much revenue and capital the company has? I was under the impression we are waiting for audited financials that shows the true value?
Because in 3 days is the end of the world right?
Your posting history tells the story whether you view things as glass half full/half empty. Thank you for your participation. Did you get the latest share structure count?
I better not hear a bunch of bashing when news comes out and this goes to a penny because people gave up their tickets by seeing some red. If ya'll are able to catch the absolute bottom and sell the absolute top everytime, I would like to ask some other life long meaningful questions about the universe and other unexplained phenomena.
Doesn't take 4 months to build a website for Earthlinc I'm pretty sure. With templates these days you can have one done in less than a week with minimal photoshop/flash experience.
It will get to you if you watch it too much. Just need to do enough digging to make sure the share structure isn't changing weekly, has no serious convertible notes, in the process of uplisting and auditing, and have some sort of catalyst in the works for an explosive move later (contracts; LOI's) We'll get there.
Its not surprising, I've been in here for a long time ( over a year) and all that I've ever heard is ... Soon.
Could be a decent gamble. Usually people buy back in a little or average down at the beginning of the year.
I was just about to post that... we need NITE to be forced to raise the bid... no competition right now.
Depends on how many NITE spent to lower it versus how many were scooped up on the bid. I think his reserves are dwindling. Soon, he'll the be the axe no more.
For any cigar affectionado, Ybor City down here in Tampa is a place to visit. Built on the history of cuban immigrants and the cigar industry. Very interesting area. Coffee and Cigars.
Gonna be tax loss sellers here the next few trading sessions.
Agreed, I have to wait 2 more days for freed up cash, may reverse by then back above my average. Its down today on low volume, still sitting slightly higher than the last bounce, hopefully continuing the trend of higher lows and higher highs.
It looks as if most of your posting history involves barking about RS's on several tickers... doesn't look to convincing. Maybe try another fear tactic, something more original... and with links!
Means NITE is accumulating shares. Once a stock pile is built up enough, the wall will come down, allowing it to move north again in which case NITE will sell again and then use a bulk of shares to put up another wall a step higher and use the remaining shares to force another shake and drive price down. Thats about how I see it, basically, hold on for another leg up soon. JMHO. They are the "axe" in this stock at the moment. Follow the axe.
Hmm.. $TLFX is a confirmed buy on Americanbulls front page. Awe$ome
Kraft and the mugshot... that is so old and played out now.
Time to head on up to 64; morning shake about over. Gotta weed out the dead twigs to form a new foundation for the week.
$VIZS Good exposure
http://ih.advfn.com/p.php?pid=nmona&article=55358260&symbol=VIZS
Be sure listen to the quick call. Many inquires into the company; should see good things soon.
http://www.moneytv.net
$TLFX Or it is the same group or individual that keeps putting up big walls on the ask using NITE, and now they need to reload because those big walls don't appear to often these days. His shares have become depleted for control purposes. Thats my opinion. The good news though is that if this is a true theory, the bottom will be around .005 now, continuing our uptrend. The trend is your friend. AIMHO! Good luck Don! TLFX
MORE NEWS! VIZS hot action.
http://ih.advfn.com/p.php?pid=nmona&article=55248483
NITE trying the same BS again.
The smart ones are here... they just don't scream buy buy buy buy **to da moon**. The circus has left, which is a good thing.
So is it urban legend or reality that if you set your shares at a sell price they can not be used for naked shorting. That argument always comes up; like if a tree fell in a forest..
Scared whackers are going to feed NITE more ammo soon though. Either stop losses going off or the amatuer hour shake is on.
I never got my christmas card!
And I hope there is a FTD of epic proportions when news hits. The kind of FTD that makes headlines.
Glad I got some more today. Hopefully timing and fate will smile on me for once. Release the media on VIZS!
Looks like its cooled off. Round 2!
This range looks to be about the 50% fib retrace. Sounds about right. Others see similar?
Have we found a bounce point? We are back to where monday morning started.
This would be a killer time to release audited financials.