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Only 6 MMs on the ask, should drop with a lot less volume than yesterday.
cheers,
moe.
.0003s will b gone tomorrow, Im surprised how fast the .0002s went on the bid all at once. Glad i bought in the morning instead of waiting for no reason. All you bidsitters, if you miss .0003 theres always .0004
cheers,
moe.
No kidding, when it hits .003 and theres a whole new base formed. People are gonna be wondering y they just gave it a stare down at this range.
The guru has some awesome picks.
cheers,
moe.
About to slap the ask, this is going much higher. Im gonna add at every level, got some .0001s on friday, got my .0002s today, and gonna hit the .0003s now.
cheers,
moe.
Yea imma stay away from this one lol
cheers,
moe.
Anyone think this will fly soon? sure seems like a good time to get in, My gut is telling me somethings coming with all those filings that are out. Gonna have to do more DD I guess.
cheers,
moe.
Seems like it will fly in the next few days, very undiscovered imo float looks super small and obviously something is a brewing, those filings are expensive to complete!
cheers,
moe.
thanks for jinxing it! lol jk
cheers,
moe.
learn how to read a chart, the accumulation is thru the roof. If it was dilution, that would be down and the .0001s would be going off.
cheers,
moe.
Well if people are selling for a double, theres nothing wrong with that, likewise Im sure people buying at .0002 will cash in at .0004 also... however this is trading too much like AWYI it had it dips and bouncebacks in the .000x range, then it flew to .003+ when people understood the reason why the guru had called it.
for what its worth, I think alot of folks are waiting for a few MMs to drop before they buy, will get rid of the 2s pretty quick if that happens. Almost 100 mill volume in the first hour, still have the whole day left!
cheers,
moe.
Folks still bidsitting, when MMs start dropping on the ask, those folks will panic hit the .0002s imo.
cheers,
moe.
At this rate, .0002s should be gone before the close. No one is giving up their .0001s!
cheers,
moe.
No problem folks, it's the least I can do...
cheers,
moe.
Where did everyone gooo, guess we're all waiting for the fun to continue tomorrow!
cheers,
moe.
Evening everyone, I tried to keep the stickies to the point and reflecting what is relevant and what we objectively know so far.
I think three should be enough for right now, prospective investors have a DD thread, a conference call, and third party research report and opinion to indulge on.
Going to work on the ibox next week.
cheers,
moe.
The WallStreetCorner Profiles Fuego Enterprises, Inc.
Reasearch Report and Opinion on Fuego:
http://www.wallstreetcorner.com/situations/web-FUGI.pdf
You should consider taking a position in FUGI at this time. One thing that impressed us is that last year (2010), FUGI had 32 concerts scheduled, & this year (2011) it already has about 70 scheduled. Our opinion regarding taking a position in FUGI is based not only on its obvious growth, it is also based on the fact that we believe that:
1. Its future profit potential is very substantial.
2. Management has never diluted the share structure.
3. The number of shares outstanding is quite reasonable.
4. Its share price does not yet properly reflect what has already been accomplished.
5. To continue to grow, the company does not at this point have to raise any funds.*
6. The cost of operations looks like it can be fully covered by generated revenues.
7. It recently appointed an auditing firm to prepare its submissions to the SEC in
order to qualify to return to the OTC BB.
Recording of Conference Call
On Monday January 31, 2011 Hugo Cancio CEO of Fuego Enterprises held a telephone conference call with shareholders and prospective shareholders which included a Q&A session.
FUGI Monster DD
100 million A/S
40 million O/S
12 million float
1. Over $1.4 million dollars in revenue and ZERO debt all VERIFIED in financials posted feb. 7, 2011. More current financials on the way in the coming week!
http://www.otcmarkets.com/otciq/ajax/showFinancialReportById.pdf?id=43650
2. Those revenue numbers were for last year, this year they have twice as many concerts and anticipate more revenues and have already payed deposits to secure them.
3. 2 institutional investors and 1 mutual fund invested so far. Speaks volumes for legitimacy and taking care of their shareholders, not many pennies can say that.
http://www.dailyfinance.com/company/fuego-enterprises-inc/fugi/nao/institutional-ownership
4. Over 70 concerts in tact for 2011 and payed for.
5. CEO, Hugo Cancio is very well connected with high ranking individuals including the Cardinal of Cuba. Company has a huge written and verifiable connection with a $250+ million empire called Mia Resorts. They work together to make sure the concerts happen.
6. No dilution of any sort promised by the CEO and there has been ZERO dilution since the company began in 2005. At times in the past, the company has considered various financing options but has never consummated any of them. At this time, the company is in a good financial position and has no intention in the foreseeable near future of entering into any type of capital financing
7. NO INSIDER SELL OFF...From the inception of Fuego Entertainment and subsequent to the name change to Fuego Enterprises, CEO Hugo Cancio has never sold a single share of his original 19 million shares along with an additional 5.5 million shares issued to his wholly owned predecessor company, Ciocan Entertainment. Those original 24.5 million shares were issued in certificate form with a restriction legend attached. The original share certificates have never been sold, transferred or deposited into a trading account. The shares still reside in certificate form with the restriction legend in Mr. Cancio's portfolio. OWNERS have paid as much as .22/share!
8. In January they appointed a new SEC approved auditor and cancelled 800 thousand shares to the treasury.
http://ih.advfn.com/p.php?pid=nmona&article=46271384
Also, official company website:
http://www.fuegoentertainment.net/
cheers,
moe.
I think come Monday a lot of people will be hitting the .0002s, I was bidsitting .0001 all day yesterday and only got a measly $21 worth of shares. PSG is heavily profiling this and for good reason, imo once .0002s are gone the next few ticks will be a peace of cake.
Already have my order in for Monday morning, chart is screaming uptrend and there obviously is no dilution. Not to mention no RS and a acquisition play covered by PSG!
cheers,
moe.
Agree could get really fun around here, .0002s should be gone by tuesday imo, people are going to begin loading up after the weekend and well bidsitting at .0001 isnt gonna get you any shares.
cheers,
moe.
Just MM games, I dont know who would even try to paint a .0002 with a dollar when the commision on that trade would be atleast $7.
cheers,
moe.
Well I hope they sell a million more to me, that would should me.
cheers,
moe.
brokers are only filling partial .0001 orders to get the commission costs. Out of my $1000+ order at .0001 they only filled me $21 worth of shares after 4 hours :-\ I highly doubt someone just decided they needed $21 right now.
cheers,
moe.
we're really early to the show, acquisition and no R/S news will take this very far, along with all of Bob's followers imo.
cheers,
moe.
I think .0001s are pretty much gone as of right now, gonna need to hit the ask if you want shares.
cheers,
moe.
Is anyone seeing any dumping? Some pretty serious accusations are being made about the character of the CEO if you ask me.
cheers,
moe.
that just seems odd, most of the stuff is the same on both sites. Guess il look into it, anyway I dont invest blindly off an email alert of course lol. Thanks for the heads up!
btw, bid building and .0001 getting more scarce. Pretty soon .0002 are going to be the cheapies.
cheers,
moe.
Lots more alerts will be going out imo, lot of groups and promotors follow Bob. This is just Day 1.
cheers,
moe.
Ouch, was afraid this was gonna happen, MMs really wanted to fill the gap from wednesday, they are going to have the oppurtunity to do it now.
cheers,
moe.
bid sitting at .0001, if I dont get filled gonna just grab .0002. they'll be gone before you know it.
cheers,
moe.
Frontpage: http://pennystockgurus.blogspot.com/
GGII I feel this is the next triple zero stock to post gains. Currently the stock is still trading quietly, but I think news will send it, much like when GTLL rallied from $.0001 to $.0022 a few months ago. The float is 1.1 billion and the recently released financials show many of the outstanding shares are tied up for a year. If this stock gets a good head of steam going I think $.0008 and better would be a reasonable price point. From there anything is possible.
Thiis will be the last day to get any .0001s, its just some folks selling who dont know what is going on. When they dry up, the .0002's will start too vanish.
The pennystockguru has a huge following, and for good reason too.
cheers,
moe.
share buyback maybe? Going off my gut and looking to get in here, I was in AWYI as soon as Bob Wilcox alerted it, took 2 months but sold my .0002's for .0026 and it still went to over .003! In my opinion, we could be in the .0004's next week considering accumulation might start beginning.
That coupled with the hints in the recent PR make it very likely a run will happen very soon.
The pennystock guru is usually right on about these triple zero plays with decent floats.
cheers,
moe.
LOL what for Im not a shareholder anymore as of 5 minutes ago, this is pinks cuts your losses and move on. No need to cry and moan like a little baby.
cheers,
moe.
How lame of them to do that. They pretty much killed the buying pressure themselves.
cheers,
moe.
Can't believe ppl we're hesitating when it dipped below .13. Normal pullback, this thing has the makings of a good run.
cheers,
moe.
bouncy bouncy, people loading big for the next leg!
cheers,
moe.
If you look at the chart, it wants to reset and fill the gap from yesterday. However shares are drying up, not as much selling going on and the buying pressure is still there. Its going to take a lot of pressure to bring this down to fill the gap in my opinion, especially with what is going on behind the scenes at the company.
JV seems to be working quick! already an 8k out this morning after yesterdays PR, and they are bound to sell atleast 1 unit per the 8k.
I dont mind though, when it hits even higher levels I wont be looking at if I bought at .14 or .15 or .16...
cheers,
moe.
Looking forward to a .20 break soon, I hope people realize that just todays trading volume so far is around $2.6 million dollars and all that was traded in the .17 range. Thats not the daytrading and frontloader money, its smart money that knows whats coming. This is going to get very fun. GLTA here, just hopped in with a .151 average.
cheers,
moe.
Judging from the current accumulation on the chart, it does not look like it. Looks like a healthy pullback for now.
cheers,
moe.