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I just hope if something gets filed that it occurs a little earlier in the trading day instead of right near the end like last time.
Do you think it will hold this base much longer? Chart seems to be stablizing but I am afraid what will happen if Prop 19 is defeated....if so, I think it will sink another 50%, however, if it passes, then I would expect much greater upside spike....seems to be a big gamble especially without them releasing any PR that is worthwhile.
Well good for you....this stock has been crap for the last 4-5 months. I finally sold out for .006 and took a little loss.
Sometimes you just get lucky....still would not touch it for anything......will stick to my SIRI....always a proven winner!
Well, you are right to follow instinct. I sold 30% today @1.11 for a nice sized profit. However, I always keep a core position because I am LONG on this pos.
But it is nice to make some cash along the way.....
Took some profit from the spike in SIRI this afternoon....bought another 50K shares of VCTY........
Good to hear.....I am going to try and pick up another 50K....want 250K total before this thing hits!
Is this company still even in business? If so, I would assume they are on the Greys, and if they are indeed, are they taking any action to get off of them?
Thanks
Very Nice! Picked up another 50K shares also at that price! Good Luck to both of us on some good news hopefully out this week.
LOL.....Nice catch....I posted that in the Stockhideout romm just before the nightly Big W rant. If you have never logged in, I would highly recommed it. He does a rant each night starting at 9 pm Est. He also teaches charts and finanicial analysis.
Just doing my part to spread the word......VCTY is another one as well waiting on some merger news. Worth doing a little DD before it pops next week.....IMO......GLTA on Monday with this thing....
Well, if that is truly the case, then lesson learned. I do feel sorry for the 3 who have called him repeadily for answers only to get lied to as well.
Glad I sold out early and only lost a few hundred. Could have been worse.
GLTA
Wow, I have been sitting on this stock (2M) shares for a few years. I thought this thing was dead and buried. However, after reading some of the posts here and elsewhere, looks like their just might be a little life still left in this thing after all.
Will have to keep my eyes open for the push and maybe actually make some money off this thing after all.
GLTA
Agreed, picked up more shares this morning...if price remains the same throughout the day, I might pick-up somemore. Chart looks good as well. If anything, I see at least a pop up to .014 or .015 for a very nice gain if anything.
You hit the nail right on the head with that one!
Ben,
Thanks for the information. As to the other comment, I do not make trades based on what is stated in this or any other forum. However, sometimes you can be surprised about the information that can be obtained when pieced together.
Has anyone emailed the company in the last week or so to find out this issue. Last time I emailed them, they were kind of vague and brought up the "pans in the fire" comment which does not hold with me. The company owes us some answers as to the status and a hard timeline for the finanical audit.
I am sorry, but I have been away for a little while, and I am trying to figure out what is going on. My last impression was that we were waiting on news from the settlement and an audit to clarify company financials....is that still not the case? I am getting the impression from some of the posts on this site that this whole thing might end up being some sort of scam....
Thoughts?
No News, No volume, No movement.....Beginning to look like the fireworks display has been cancelled....question now will be if refunds will be given out!
Filing? Heck.....I here waiting for the Fireworks show!
When does it start?
GLTA
Hard to believe that people are still be fooled into buying this stock. I sold out a few weeks back at $2.50 a share, but I still lost half of my investment due to the R/S.
Hard to believe that these people are allowed to get away with what they do.
Good luck to all of you....
Bought another 50K shares this morning @.0089. Keeping the fingers crossed that news comes quickly. GLTA
Told you it was going to drop.....without news. Wait for the bounce and then sell, I would not hold this thing over the weekend waiting on news sometime next week that may not come. Waiting will kill the momentum and by the time it arrives, nothing.
No news this morning? Smells like a scam...going to drop like a rock from here. Goodluck if you decide to hold over the weekend.
Yes, I am aware the market will be closed on Monday. Even more reason not to stay in this thing. I am just saying that if news does not come out by tomorrow, it will kill any momo it has had and seriously drop the pps.
I think the price has somewhat stablized because many believe news will come by Friday. If not, many will get very scared and dump their shares.
People can state in this forum all they want on how they are talking direct with the CEO who says news is coming, but unless something is released, we have nothing to go on. For all we know, that person can just be pumping the stock to keep us on board for a bounce and then sell out.
JMHO....
Bounce within 4 days! If news does not come out in the form of a very strong PR by tomorrow, it is going to drop much farther than what we have seen the last few days.
I will not keep this thing over the long weekend, especially if a PR does not come out. I will cut my loss if need be.
However, I am keeping my fingers crossed that it is issued. If so, this will pop and I will sell at the end of the day. I still will not hold over the weekend, JMO.
I would tend to disagree. We know that he will announce prior to 3Q earnings, how soon, not sure.
But still, that is waiting pretty close to the wire before the contract ends. As stated prior by myself and many others, he has a strong attachment to the people he works with and feels that the team he has put together is one of his best. With that being said, I would believe that he would make sure they were taken care of and not left out in the cold.
The other factor is that all these people that work for him blog a lot on their facebook and other streams. If they felt really insecure on their job outlook, it would have started to leak out in one way or another.
My gut feeling tells me that he has basically told everyone to not worry about their future at SIRI, just relax and let him spin what he needs to obtain the best deal he can. Because in the end, SIRI only pay Howard for the production of the show. He then decides within his organization who gets paid what. And in order to keep the troops in line, I am sure their minds have already been put at ease.
That is why I sold half my position a few weeks back at $1.06 and starting to buy back in slowly. When he does announce...it will spike.....I will sell a portion again.....wait for it to drop.....and then buy back in before the 3Q results are posted. Hopefully there will be enough time inbetween for the stock to settle at this level again.....it's all good baby!
I totally agree with you....sold half my position at $1.06 for a nice profit, however, I did keep my core because I know that this stock will rise again over the next 6 mos and more.
I now have a purchase order in at .92 and will repete the cycle for Stern announcement and 3Q results. After holding this stock for almost two yrs, I realize that it is the only way to make money off of it.
Good Luck...
You might be right....I would expect sideways trading for a few days then we will most likely see a drop eventually down into the mid-90s again until the Howard Stern news is released. I am slowly selling all but my core position and will reenter after the drop and hopefully just before the news is anounced.
Good luck....I thought the same when I bought in at .10, however, this thing has slowly died over the last 2 months. Stock is not gong anywhere unless they release some financial results soon.
Doubt it now....MMs know something that we do not. I bet this thing drops to the low .90s tomorrow before noon.
They have won....we lose again!
Right about that...however....I am going to wait until it drops back down to .10 over the next few day.....std Pump and Dump...will waiting until all the dump is gone and bagholders shaken.....
That is my settament as well. I thought the company was doing a decent job of keeping us informed and expanding, however, the pps does not refect that at all.
I watch each day as my investment dwindles. They talk a good game, however, now is the time to step up and show us the money!
Are you even making money? Are you going to post qtrly results anytime soon?
If this company is for real, then something needs to happen fast....many of us are tired of watching our investment go down the drane....
None of this matters unless this company can fix the situation and get back on the pink sheets. No PR or contract signing is going to do any good until that happens.
IMO, ACLH is not a professionally run company. Their failure to address the SEC issues with their shareholders is proof positive. If anything, they should have had a CC to discuss the situation and let their investors know of their commitment to the long term health of the company.
However, that has yet to happen. Our money is lost....get over it...time to move on to real companies.....lesson learned.
Kind of surprising that it has not had the same run-up as the two previous qtr postings. I am hoping that it is a sign that with positive results, the stock will climb and hold....
I too will be looking to sell a small portion today if the price climbs toward the $1.10 lvl...will give me a very nice profit and still keep my core position long....
That would be true, however, very unlikely in the near future. I think some folks just get a little ahead of themselves on this board with some wishful thinking.
SIRI is on the right track....increasing conversion, decreasing churn...increasing FCF and paying down debt.
What I would rather hear more so than Global expansion, is an announcment of the buy-back of shares!
I have to agree with the perception of being ripped off. If the company turns around and starts to sell more shares, then we need to start making some calls to the SEC.
I am very displeased that they allowed the R/S to take effect and did not bother to release a PR to help bolster it. Everyone could have seen this one coming...however, most like myself, did not get a chance to short this one. It wouold have been the best move to actually make some money.
Unless some huge PR comes out soon on a Phase III or something for their drug, this thing is going to drop all the way back down to penny land......then a yr from now, expect to see another R/S and the whole thing happens again....
They really need to exceed the numbers, not just hit them. The way the stock is manipulated....just meeting the numbers will ensure a drop in pps Thur and Fri.
If they do not hit at all....shorts will have a field day not matter how it is spun.
My plan is to sell 50% of my non-core position before market close on Tue and place a trailing stop on the rest of it after earnings are released for Wed. Wait for a buy back price and then wait for Stern to make his announcement and cash in again....
I agree. I have a feeling that if there is going to be a run-up, it will not happen until late. Most likely Tuesday afternoon.
The question will be how many folks will have their finger on the trigger to sell before closing....
Where do you get the .28 pps from? There has been plenty of PRs with some really good news, however, volume has been lacking and I think people are waiting to hear if the company is actually making money or not.
Really not sure when the announce may come. I was just speculating that if it did, it would start a very strong rally towards the Q2 results.
In anycase, he does employ a lot of folks to conduct the show which not only envolves the radio segment, but the Howard TV portion as well. Which means he has a responsibility to announce something soon because the decision will have a large impact on those folks, of which, he does care about a lot. Which leads me to believe that if he has waited this long, he will mostly likely sign another contract.
All we now need is Howerd Stern to announce his contract deal next week and then we are off to the races....imo....
As with many others....truly believe SIRI is being very conservitive with their subscriber estimates for 2010 of 1.1 Million net additions. IMHO..as with many others, I expect the number to actually reach 1.4 to 1.6 Million.