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Considering the positive response of the stock price I would hope you're right. However, there can also be another side to it. They could push the issue to get that final rejection status with the intent to steal the patent and place it under new ownership and I don't know what that means for the share-holder.
When I was a teen (late 60’s) living in Redondo Bch Calif my brother invested time and money to build a prototype this machinist (a immigrant from Turkey) dreamed up for a tilt-in window.
Sounded crazy but my brother spent every dime he had to make it work.
The machinist cut the aluminum channel and assembled a hinge-pin located at the middle of the window unit connecting to the jamb on each side to allow the whole unit to not only tilt-in but completely revolve. My brother help to assemble it also and we went out to the Beach and found a model for photo’s of her with the prototype.
Word got out and one investor after the next was over at our place to contract for widows for their building someone in LA and then word came down from the patent office that back in the 50’s some fellow had a close enough idea that we would have to wait out his patent before applying for ours again….and in time the idea was modified and stolen from us.
No complaint here! Sweet! :)
I've called E-trade about the issue and they assured me a number of months ago that it was his experience that the lock down wouldn't last. Of course it has but none of the etrade assistants I've spoken with cared nor wanted to check into the situation with this penny stock.
Seems you've gotten the attention of the right associate. Please keep us informed of your progress.
That’s the way I figure it...lost too much to sell now..just wait it out. I think I am one of the more fortunate ones. My investment is only about $600.00 I can't imagine the pain some of you are going through.
I thought it was funny!
WOW! Best PR I have heard in a while! It builds my confidence to review this information and photo's and considering I have lost much in my real estate business and unable to fly anywhere to attend meetings ... the information provided has answered a lot of questions and concerns about what funds I have left that have been invested in LODE.
Thanks again for the PR!
Sincerely,
Realtorwsm
Then why bother?
It is all a matter of trust now...you lose investor's trust and this is what happens!
Comstock better pull a rabbit out of a hat or this is going back to penny land.
I am disapointed but not as much for myself as I am for others who I encouraged to invest in the Comstock Mining Company (LODE).
Personal research (DD since '07), previous forcast ('10), price action showing investors bitting at the bit, huge run up in the price of gold reinforcing supply and demand, promise of productions reiterated ('11) all gave the green light...if you think this is a disappointing dip you wait to see the drop if they don't follow thru on promises made for next year!
Maybe I should apply for Hotel Mgn position.
Years ago I was a night hotel mgn for Super 8 while studing for Real Estate examine...surely nothings changed!
I've been wondering the same thing? Its nice to see the strength in this support level.
Are we going to use the excuse of being tide-up for the winter again?
Makes you wonder...
I know..there are investors who will PUMP this stock with the right PR!
I wouldn't think DTC would have any reason to postpone business (stock trading) as unusual for SFIO now that this is over? Would you?
They're under different rules now...they need to be careful!
Another head scratcher!
How can the price of a stock be .14 and there is consecutive buys/purchases of 1000 shares each at .14 for two days in a row and those orders are filled - with NO record of sells, NO records of shorts-sell with a conclusion of a sum total volume at 2000 shares and the price remain the same?
How can a stock be held back with no record of shorts or sells?
At times I have seen the Bid a little higher and Ask much higher than current price..(?). Ex., currently the price is $2.06 with the Bid at $2.09 and Ask at $2.20 and remaining as such for some time now.
I missed that 101 trading class..comments anyone?
Maybe this is what their hoping for. "Return to Gold Standard? Why Price Would Hit $10,000"
http://www.cnbc.com/id/44891595
Someone's nibbling...interesting...
My suspicion: we'll see a lot of this kind of action til the LOCK is lifted..I don't like giving advice to others so let me just say I'm NOT doing a thing till this LOCK is lifted!
My Position: I have a good base with an average .03 and that will have to do til this thing is lifted. Diversify is the name of the game. Putting strong support in both precious metals and certain holding companies with proven records/solid managed/growth that will provided a promising future as this economy turns itself around. And it will this is nothing new to the stock market.
My Views on SFIO and personal goals: I think SFIO has a unique product with real potential yet a speculative LONG-TERM investment none-the-less. My vested interest has been only what I can afford to lose. If the company doesn't fold or reason to execute those 200 to 1 splits that so many other penny stocks seem to create (prior to AMEX approval) then I stand to make a substantial profit of which I likely will remove a 1/3 from the table to pay Caesar, tithe, dine and reinvest.
Considering I stand to make more from her success than a tax write-off - I will not stress which ever direction she goes.
Life is too short as it is!
Regards
Concerning your "sneaking suspicion" sounds more logical as the AM progresses.
But if this turns out to be another pump and dump I pity those involved…if FBI/FTC/SEC what ever shook down the previous culprits you'll surely have no place to hide!
Our Canadian investor either knows something or this is just another pump and dump.
Currently we've got a %55 chance to turn bullish. This stock is way oversold. And even though gold is slightly upward I think investors have a lot of concerns.
"3 DAY CHART ALERT -10, Strong bearish 3 day chart pattern.
-1, Not significant 3 day distribution
MONEYFLOW -1, Not significant bearish 1 day moneyflow by 1:25 pm ET (15-20 min delayed),
BREAKOUT WATCH for possible breakout above 2.06, no resistance in area just above.
Type: Continuation breakout from single resistance.
Target: 2.38, 22.1% Stop: 1.83, Loss: 6.2%, Profit/Loss ratio: 3.6 : 1 - Excellent
Breakouts are an exception to the normal indicators which can at the same time indicate bearishness.
Breakout stock patterns
BREAKDOWN WATCH for possible breakdown below 1.91, no support in area just below.
Type: Continuation breakdown from single support.
Target: 1.59, 18.5% Cover: 2.07, Loss: 6.2%, Profit/Loss ratio: 3 : 1 - Good
Breakdowns are an exception to the normal indicators which can at the same time indicate bullishness."Stock Analysis/Stock Charts
http://www.stockconsultant.com/consultnow/basicplus.cgi?&symbol=LODE
What are the concerns...volatility for one...what controls volatility and other concerns you'll have to do your own DD!
Obvously in order for buyers to give their best offers they are waiting to see what becomes of the conclusion of the Euro debate/vote.
I think everything hinges on its outcome and how the market will react to their solution (will it be a long-term or short term fix).
If the Euro dollar stays in tack then the Euro Union will likely continue and Poland for example may give in to joining among other good things. Reaction to that success will obvously determine the direction of the US dollar...which will give the buyers a reasonable outlook of a relative price for MXSG cables.
The price of MXSG is getting very tempting...they obvously have the goods...hummm what to do..
Margin turns a speculative position into a rotten miscalculated gamble when you consider the economic situation this country is in!
Modesty forbids me to mention the name of the ding-dong who estimated that surely we would hear sometime of production by now. As if that would make a difference…next time you come across this guy he really needs a swift kick in the @$$!
There went a chunk of change! AAAAAAAAAAaaaaaaaaaaaaaaaaaaaaaaaa!
Dang it, dang it, DANG IT!
Sweet isn't it!?
O' Yea! And it will have been worth the wait!
I've been here with yea...
Wait time can be frustrating!
However, with reviewing their progress and trying to see things/the business and everything involved in opening a mine to production. .I've decided to accept this as a necessary time delay... and reactivate my own little accumulation phase.
I know this time next year I will have wished I never stopped!
Did you hear latest analysis on CNBC projecting the price of Gold topping $2,400 an oz in the next couple of years?
I've recently rolled over my employee Stock Options plan in purchasing LODE and still adding.
In reviewing the charts I want to believe you are correct...and I am deeply grateful!
The only one I see at $2.20 is the November '10 and that was filled.
PRICE 2.75, -0.11 pts (-3.8%),
Wednesday 14 Sep 2011, 12:25 pm ET (15-20 min delayed)
-7, strong down from yesterday's close.
Daily typical price range from yesterday's close : ± 0.09 pts, ± 3.2%
1.5x: ± 0.13 pts, ± 4.8%
2x: ± 0.18 pts, ± 6.4%
86% of the time a stock's intraday price remains within the 2x range.
VOLUME 137.1k shares, +196% compared to
typical volume of 46.32k by 12:25 pm ET (15-20 min delayed).
High Volume alert!
Typical daily volume is 105.3k shares over the past 6 months.
Overall Summary A summary of bullish and bearish indicators. Summary Help
Should only be used as a general guide. Please look at the indicators for more detailed understanding.
BULLISH Probability - Intermediate trend possibly bullish, Sideways trend near lower support.
Confirmation - at support
BEARISH Confirmation - Strong bearish 3 day chart pattern with Extreme 3 day distribution.
Confirmation - Extreme bearish 1 day moneyflow
SUMMARY 1 bullish probability indicators. 0,
1 bullish confirmation indicators. Neutral, short term (1-6 wks)
---- 50%, Bullish
2 bearish confirmation indicators. 50%, Bearish
RALLIES/PULLBACKS Typical: 19.6% (0.54 pts) stock price move occurs 25% of the time.
** Current price area Extreme: 25.5% (0.7 pts) stock price move occurs 5% of the time.
Position Indicators Indicators for positioning trade entry and exits. Position Help
1 DAY PRICE CHANGE -7, strong down (-0.11 pts, -3.8%) from yesterday's close.
SHORT TERM DIRECTION -6, pullback.
OVERBOUGHT/SOLD -6, Near Oversold, odds slightly favor long trades.
1 MONTH TREND 2, Mild Up trend.
INTERMEDIATE TREND 5, possibly bullish,
** Past 4 months Sideways trend near lower support.
RESISTANCE/SUPPORT 2.75, at support, 2.81 ± 0.09, type double, strength 4
Res/Sup Help Resistance Above : +9.1% at 3 ± 0.1, type triple+, strength 10
Support Below : None.
Timing Indicators Indicators for timing trade entry and exits. Timing Help
3 Day Chart Alert analyzes over 120 three day candlestick patterns!
3 DAY CHART ALERT -10, Strong bearish 3 day chart pattern.
-9, Extreme 3 day distribution, occurs 10% of the time.
MONEYFLOW -10, Extreme bearish 1 day moneyflow by 12:25 pm ET (15-20 min delayed),
occurs 5% of the time.
BREAKOUT None.
BREAKDOWN WATCH for possible breakdown below 2.72, no support in area just below.
Type: True breakdown from double support.
Target: 2.31, 16% Cover: 2.91, Loss: 5.8%, Profit/Loss ratio: 2.8 : 1 - Good
Breakdowns are an exception to the normal indicators which can at the same time indicate bullishness.
It was on mine this morning thats how I found out. Now I noticed it has been removed.
Just a little curious...how did we jump .04 around 10:00AM with no volume? I’ll take it just wondering how that came about.
I pinched off a little more at .15.
Interesting..wonder why..its in the portfolio news section but not the e-trade-pro news brief.
I'm in!
And then there were twelve!
Thanks..been reviewing the video's reading the 10k etc..just bought me a pinch! Thanks for the tip!
Been buying more LODE the last couple of days also! :)
I know I need more about them and currently doing so..care to offer anything to my DD?