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WAG, nothing more
I see your points about GRAFFITI. IMO they ipo at .48 cents and the price tanks to .21 and over the course of 9 months runs up to $2.75
I kept adding from there in the 12's and was able to snag some 11's and since have sold back down to 12m with very low average. All those that can't read a chart and did not load up when it was bottom bouncing got left in the cold.
I have already pulled profit and planning on not converting and collecting the dividend.
I smell a push into .006 range by thurs eod
Had no idea about the frankfurt exchange and from what i read it looks like a fantastic opportunity.
Hang tough, will close HOD
Nothing but blue sky from here. Looks like most profit takers are out and will build a new base here. Would not be surprised to see it creek back up to to close at hod.
I don't blame you one bit. I have been here for months and am now holding a free ride and intend to see this thing through.
I am constantly in the search for the next big play but this one has such a good story so will stick it out.
You may regret that move but to each their own. GLTY
I think it will be different this time and here is why i think so:
It closed at hod which it never did any of the times before also closed above moving average.
Paying .006 dividend with date to be announced so will require buying and holding to collect. Don't have to twist my arm for that.
Tons more buzz this time and will get the respect it deserves.
Many more games ready to go very soon just in time for the holiday season.
Massive credit line
Dilution over with one very large holder not interested in selling down here.
Dedicated ceo not trying to pull a scam and not selling his shares.
With ya. Would like to watch it at least one more time myself
I think we push 24-25 for half the day and push into the .003 range eod
How to play this?
Everyone has there own agenda and price points. I am not one that will say to put gtc sell orders for a buck just so the shorts can't get them and without a doubt think there is no short. It is a ploy to sell under you plain and simple. I do respect those that believe there is a short and don't want to burst there bubble though.
I have no current orders as of friday but may take some more profit in the mid 3's. If it heads back down in the mid to low 1's them all those that chicken out will be watching me make money on their shares down the road.
I will not be selling in the 2's and if you want to unite with me then hang on especially if this dips monday am. If it gets though resistance here in the low to mid 2's then i think we test low to mid 3's quickly and then get the real push with all the momentum players.
Good chance there will be a big multiday or week feeding frenzy here with all those that don't want to miss the next multi bagger. I like my odds here and if you think about it there is only one direction for the company and pps... that is up.
I have been here for quite a few months but not near the time of some. What i know is you have to be patient and not get scared out on the dips while taking some profit on the rips. If you don't hold a position or partial position through the end of the year then you may be very sorry and look back and feel stupid for selling. That won't be me, i still hold 15m in 2nd acc. @.0013 and it is going to take much much higher levels before i start selling. I trade another 10m
most definitely
You are correct but trying to read to much into the charts on pinks and you can get burned. Charting works much better on the big boys and the s&p was in the high range for months and power zone for weeks.
This could just as easily go up 40% more per day for a week or go right back down to the lower 1's. You just never can tell. Look at cbai or goig along with many others with heavy debt or higher ss when they made there multiweek/month runs.
One thing i know is it won't be me selling next week and plan on loading back up if she dips back down.
I still think the price grinds its way between .006 to 1.2 cents in the short term. I plan on holding tight the next few weeks/months to see how this plays out.
Well said. The ipo, divy and everything else can be spun in many directions but the main thing is they will finally be reporting and after all isn't that what everyone wanted?
1.6 billion out which isn't bad with one owner holding the majority strong.
Also sounds like dilution is over because of their new source of credit. Definitely explains the low volume over the last few months. Just not much interest but that is all changing and expect board marks to get into the 400-600 range by christmas.
This company is the real deal. Just is going to take others a little longer to figure out what we here have known all along.
Kudos to you Ken.
I listened to the cc and liked almost everything i heard. What i really liked was they will be getting another injection of money to build the company and dilution is ending. Pretty impressive for a bad economy and tight credit.
The wall at 19 on friday was me with previous sell order. I always have buy/sell orders in for what i feel comfortable with and my trip 8's never filled. After i was out of the picture the price went to the low 2's but i sold responsible at ask. From what i hear i have plans to hold tight with the remainder of 17mil shares deep into penny land.
Going to be an exciting holiday season this year, can't wait. Also see i have about 250 posts to catch up on this evening. Been busy playing alot of golf.
If they get everything on shelves by thanksgiving then we are golden. No doubt it will be a big quarter. Hoping for news on all fronts and most anything will be good about now.
Looks like it is bouncing bottom and don't be surprised if it makes an explosive move... You know the one that goes into the lower penny range in a matter of three or four trading days. All those selling out in the 2's may be very sorry.
Ken should not be scratching his head. He is not stupid and knows exactly what to do. Until he comes clean with the books then this is where we will trade. The only thing that takes it down further is if the a/s is increased again. As to what it takes to get it heading north it could go at any time for any number of reasons.
Thats the whole gamble in the pinks. If you want in then this is the level to make your stand.
No problem. I knew what you were getting at. I hope it does not fill but you never know. I always have buy and sell orders in that i feel comfortable with so i don't have to watch all the time.
I am definitely done buying back in and prepared to ride lower if she craters. At this point i think it is a coin toss to which direction we go. It is all up to Ken, he is in complete control.
Oh yea, to answer your question about when to draw the line and cut losses... Well that is what i am patiently waiting for others to do. I have a half position now and am sitting on the .0008
One thing i am almost sure of is it is not an elaborate scheme to rip off shareholders. The key evidence is there is no pumping at all. The pinks i see diluting and screwing shareholders are the ones being constantly pumped through all the channels. And in the end it always ends very badly and everyone loses all there money.
It seems to me Ken is more focused on building the company then the stock price which does benefit long term holders if they start posting profits cause the price will eventually follow.
We don't need a pump to get things rolling here, all we need are some strategic placed pr's stating company facts on financials, sales and future operations.
On the positive side it looks like no dilution is taking place.
If we traded 100m shares today without movement then i would be worried.
Walmart and home depot were corn fields when i lived there but i see the church across the street still sits the same. I was class of 91 from gering so maybe i know your wife?
When i rolled though it was unseasonably wet and cold with river flooding.
Wouldn't it be great to get some sales numbers and projections for rr...
Maybe they drop a pr stating they have sold over a quarter million copies and sales remain strong along with saying the rest of the series will be out for back to school/holiday.
Now that would be a feeding frenzy, stranger things have happened.
The whole series will sell millions through time and have staying power. People are having kids everyday. This will be the revenue backbone of the company and with any luck they land a couple big boy titles to go along with it.
It is like real estate, all local.
How strange. I was back in bluffs a couple months ago on vacation. I graduated there and both my brothers still live there.
Don't huck with a fusker!
Nintendogs is a few below RR on walmart @ #27
Top 20 console games of all time
The 20 best-selling console/handheld games, not originally bundled with a console/handheld system. Cross-platform sales are not counted.
Wii Play (Wii – 27.38 million, Wii remote bundled with all copies)[69]
Nintendogs (DS – 23.26 million, all five versions combined)[69]
Maybe RR series can sell 20+ million. Very possible imo.
I hope you get your hope. Without any numbers of any kind from the company it will be tough for the price to move. If Ken decides to buck up and let us all know what the heck is going on then we may be in business but until then everything is speculation and the market is always right. I think many are scared about the financial condition of the company and current share structure so they would rather be watching for now.
We won't trade in this range forever. We either go down from here or we go up and i think it happens sometime between now and the end of the year. The question will be if we get disclosure that the street likes or get nothing? I still feel the most important thing is the ss and if/when they decide to tell us lets hope they did not get loose and wild or it will hurt.
Right on the money$$$$
The mutt brothers and alfie told everyone to do the same thing while the whole time selling unregistered stock
Just remember when it comes to money people will do anything to take it from you
This is starting to sound like the spng board more every day.
There is no short. All imo
The company should be in much better shape going into this xmas then last year. Will have multiple titles for shoppers to pick through. Got to at least hold a position through that period no matter what the pps does short term.
Maybe Ken sends us soaring into the pennys this fall and the stock finally gets the respect due. Time will tell.
Nice snag. Been waiting patiently for the big sell off in the triples to really load up but who knows may never happen but if it does i'm all over it.
Been sitting on the bid all day without any luck.
You hit the nail on the head. The pps will bounce around but there will be no significant sustained move without these simple basic issues addressed. It may be hard or impossible to test resistance again without those also. More bs pr's about acquisitions or any of their east coast operations will further erode pps without news on the western front.