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unlike equities on the big boards, OTC and Pinksheets aren't very regulated... one of the biggest problems with investing in these types of companies b/c MM's just short the hell out of them and run them into the ground b/c they can never raise capital through share offerings.... however, when you have the volume and interst this has, it would be in the best interest of MM's to cover sooner rather than later. The higher the base continues to form, the greater the pps is going to be when the MM's finally cover and the more it is going to cost them.
IMO - they have no shot at covering without pps getting up to atleast .02 in the process ... if we get news and more buying momentum comes through... MM covering alone could take us to .10
It will be interesting to see what today's shorted shares are when the FINRA data comes out around 5
Some interesting data here guys....
yesterday's trading data reflects nearly 74M of the 237M shares traded as shorts based on the FINRA info released daily after the market close. Even better, in looking back about a week, nearly 30% of the overall volume involved short sales. Only MM's can do this!! As the pps continues to increase in the face of growing short volume, it is only going to add more fuel to the fire when MM's have to cover to balance their books. If you're happy with your profit and want to cash out then that's your choice, but we're going to have some MUCH larger gains here in the near-term.... posted the FINRA link below for your reference if you want to see for yourself (just change the date in the web address and you can view whatever daily activity you'd like).
Date|Symbol|ShortVolume|ShortExemptVolume|TotalVolume|Market
20110711|SAVW|73697841|0|237032727|O
http://regsho.finra.org/FORFshvol20110711.txt
If the market closed right now we have 400M+ volume in the last 2 days alone... welcome to the new base in .007's my friends!!
ALERT! double bounce off .007!!
well that is much more understandable... we are coming off a 60% day... this kind of green action just goes to show how much bottled up demand we really have.
clearly you don't understand the charts or volume if you think this is going back to .002's
we've had nearly a 100% turnover in outstanding shares in the last week+ alone... how do you argue we're going back to where we started??
haha... if that were the case then wouldn't every stock always come down to it's original starting point?? Let me know when Microsoft is going to be .05 again. lol
don't be upset b/c you're missing the SAVW boat!!
volume speaks team!! we're building a stronger and stronger base.... retraction to week ago levels is out of the question. We continue to progress from here...
wow!! 80M in Volume.. think we can get to 300M today??!!
Volume speaks for itself!!!
GO SAVW!!
depends how you feel if in 2 weeks we are sitting at .02?? If you're comfortable taking your gains and riding the free shares while foregoing the greater potential then go for it.... someone else is certainly going to be waiting on the backend to pickup whatever you sell
Some interesting data here guys....
yesterday's trading data reflects nearly 74M of the 237M shares traded as shorts based on the FINRA info released daily after the market close. Even better, in looking back about a week, nearly 30% of the overall volume involved short sales. Only MM's can do this!! As the pps continues to increase in the face of growing short volume, it is only going to add more fuel to the fire when MM's have to cover to balance their books. If you're happy with your profit and want to cash out then that's your choice, but we're going to have some MUCH larger gains here in the near-term.... posted the FINRA link below for your reference if you want to see for yourself (just change the date in the web address and you can view whatever daily activity you'd like).
Date|Symbol|ShortVolume|ShortExemptVolume|TotalVolume|Market
20110711|SAVW|73697841|0|237032727|O
http://regsho.finra.org/FORFshvol20110705.txt
hahahahhahahah.... about $1.5M was just invested in the company today on 237M shares traded... common really??
with this kind of volume there is no selloff that will happen... I know you'd like to get in cheaper, but the churn we've had with this kind of volume re-establishes a higher base!
.02 without news..... news of a large contract and we could be talking .05 - .10
This is a very healthy day for the pps.... who cares if we close at 55 or 60... more importantly we are going to have 200M+ shares traded which will result in a VERY strong base for us at this level.... more exciting days to come!!
easily cracking 150M in volume today
We just might get to 200M in volume by end of day!
hahaha.... 48 basically gone!!
what are you talking about???!!
2.5M at .0048!!
.0048 not going to last much longer!!
my guess is that a good portion of those 10M on the ask aren't actual sellers but rather MM's trying to contain SAVW and get some ppl to cash out b/c they are in a net short position... just take a look at the daily FINRA data.... but when MM's realize they can't contain the bottled up demand they are going to be forced to cover and that's when we explode. Until then I'll take the consistent 10-20% daily moves.
=)
incredible volume and upward movement of the pps.... i'd be very content closing at the current level on 100M+ in volume.... we just continue to move up strongly and build a higher base. Great fundamentals backed by a viable business model = win-win!!!
holy volume!!!
If the landlord were to provide SAVW with free rent for a year as part of a 10 year lease and SAVW subsequently defaulted then the landlord would have to resort back to square one and identify a new tenant, and likely give that tenant another cash free period of rent like majority of commercial leases have. So clearly, the landlord would have something to lose b/c the tenant which occupies its space will have a direct impact on the landlords cash flow.... not to mention that if the facility is not fully owned by the landlord, the mortgaging bank will have some say in the tenant which occupies the commercial space as they technically have a lean on the property until it is fully paid... I think we have a bank and landlord who are both aware of the SAVW prospects and the impact they will have in this market in the short/long term to sustain viability...
I don't believe you can use long-term losses to cover short-term gains.... however, you can use short-term losses to cover long-term gains..... Uncle Sam isn't letting you get out of the higher tax bracket on short term gains that easily.
but what do we care.... there won't be any short-term or long-term losses in SAVW by the end of this tax year.... lots to look forward to!!
Don't think that is correct at all.... once you realize gains (ie - sell the stock) you have a tax liability... don't think it matters what you do with the proceeds.
Effective tax rate is different depending on how long you hold the equity for.... think there is a different rate for under one month, 1 month - 1 year, and 1 year +
He never said getting in over a .01 isn't still great... he just said that being able to get in under .01 is a win... don't see where your going with that.
works good for buying on dips unless it just runs past your limit sell order..... then you get screwed chasing it up
.01 is nothing... only gives us a market cap of about $10M.... we're going to go much higher in the next 2-3 months... the greater the volume, the stronger our base is going to be!!
Most exciting stock I've ever been a part of in 7 year of investing.
SAVW!!!
We've got about 20 new followers today!!!growing fast and furious boys and girls!!!
Board followers growing fast & furious!!
Happy to be on the east coast so I don't have to wake up at the crack of dawn to watch this baby continue its momentum tomorrow morning!! feel like a kid at christmas, anyone else??! :)
I agree.... personally I'm a fan of the 15% days on high volume we've been having.... the base for SAVW continues to build at a higher level so that when we have that 200% day we'll be in the .05 range rather than .02
No matter how you look at it though momentum and interest are building for good reason.... has more reality fueling this engine than other sub-pennies out there (although I don't think we'll be sub-penny too much longer)
5M were purchased at .004 late in the final hour before the close, but it actually closed at .0039
What matters is what's real... and thats the fact that we've had 375M shares trading hands in just the last 4 days alone! The value of which is approximately $1.2M!!!
This run isn't just low volume investor's throwing in a few grand... that's a good truckload of Benny's coming through for a good reason... stay tuned!
**This is some great DD Ann!!
LSCG is basically in the same market providing a similiar product as SAVW but here's the good part.... LSCG has 200M shares outstanding and currently trading at a price of $3.26.... let's just consider the worst case scenario that SAVW has the full 2B authorized shares outstanding and in that case we should have a pps of $.32 to have a comparable market cap to LSCG.
SAVW may not see a red day for quite a bit of time!!
nice 700k on the ask
hope your agenda isn't to bash to try and buy cheaper... b/c the volume and upward trend suggest otherwise.
I wouldn't call 6M shares very big... gonna move right back up as soon as we absorb it.