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I think you need to be sure which Steve you mean. The one associated with the link in your post .... is erm .... dead!
This tree shakes seems to be happening to all pink sheet stocks right now.
Absolutely everything is falling. I'd add if I had funds, but if you are in for the long term, only the foolish would sell at a loss, when the potential here is greater than they could imagine.
I wish I had known this would happen today, I'd have bought now instead and got a few more.
I have a watch list with 25 stocks on it right now. All of which I have done my DD on.
I prefer to concentrate on the things that are important to me.
Have a good day.
I think this will gap up to over a penny when the next PR comes out.
Well surely the 9day simple moving average has already crossed the 30 day simple moving average from below making this a buy anyway?
Also, surely this is already trading way outside it's Bollinger Bands?
What do I care, I'm already up 50% on my investment and am holding till we hit $ values.
So there! LOL Good luck everyone.
Im still here, still holding waiting for news. I just preferred not to engage with you. Life on ihub is a lot simpler that way!
Everyone should read Hilary Kramer's excellent book - it's in the Little Book of series.
I think it's called Big Profits from Small Stocks or something like that. It's by far theeee most sensible book on investing I've ever read.
It tells you how to find stocks using a free screener on a website called Finviz. The most important thing is, it tells you what parameters to put in to the relevant fields.
It also doesn't pull any punches. It tells you that once you have found companies you are interested in. Read, read and read as much as you can .... look at all the filings, look at the footnotes etc etc.
So, I looked at SPQS and as I couldn't read any filings, I decided not to invest. As I say, everyone should be careful what they buy. But if the management is stable, they actually file accounts and 8K's, 10Q's and 10K's etc ...then you are able to make up your own mind.
Very happy to be in. Everyone should do the same before they invest.
At the moment, I'm not working which is quite handy. I actually have the time to sit down and check out all the amazing bulletin boards here on ihub which is where I'm getting my tips from.
Then the hard work starts ... I read the filings, look at the company's products, whether there is demand, does the company have news coming, is the company at the beginning of its growth cycle to get back to where it was and what is the wider economy of the country it is based in doing.
The USA is at the start of its growth cycle. The UK and Europe are in the toilet!
I live in London!
Well I'm holding till we see $'s again. If it was achievable in 2007 when the share price hit $52 then I'm sure it can go up significantly now the company is moving forward with quality management and excellent products - the people want.
Well I bought 350K at 0.0066 today.
The only reason I'm invested in the pink sheet stocks is ...
I look for quality companies, with stable management, that actually file their documents and accounts with the SEC (! LOL), that are just about to start a growth cycle, that are awaiting positive news, that have the potential to maybe return to their share price they reached in 2007.
My simple plan is, to buy as many as I can and as low as possible, to sell half as soon as they double, and then enjoy the free ride on the rest and not sell them till they are well into the stratosphere.
Simple.
CJ I probably cant get in till next week Unless I sell something else. I have a feeling that like IDVC which I'm also in the MM's might be playing with this ill news comes out, then they won't be able to hold it back.
Who knows, we might even get back to $ values some day.
I agree. I think this will surpass our expectations and go way above the 2007 high of $1.
There is soooooo much development of infrastructure in just about every way you can think of in China, they are developing capacity from scratch in just about everything you can think of.
Good luck everyone. Basically, I honestly think China is like the USA was in the 40's and 50's. Lots of money to be made, by picking the right stocks.
From what everyone has been saying about the company's style of news releases
It looks like they will quite possibly surprise us yet and a few people will get caught out of this share wishing they were in.
Having a hard time breaking the 0.0030 line huh?
Sorry to hear that happened to you .... hope you make all your money back with a few multiples on that.
So, in 2007 the reason why the share price was so high was because of the value of the gold assets?
Does anyone have any links to any recent PR's (multiple PR's preferably), SEC filings or anything like that?
From what I can find, I presume the company focuses on the consultancy side and bringing companies to market and advising them of how to do it?
Any discussion of the above would help me decide whether the company might sink or swim.
pipboy do you have an email list people can subscribe to?
Then they will have to raise the price to entice sellers back into the market.
In what way? lol going to be a sell off or accumulation? lol
So what's it looking like in pre market?
Are there lots of sells on the order book? Or does everyone think the market makers will take it down to pick up shares?
So it will dip first of all as those who made money yesterday sell out then start going back up?
lazyeye I don't think of shorting any share at all.
I live in London England. Till I open another trading account this week, trading in pink sheets stocks is very expensive for me. Like $75 to place the trade as it has to be done manually each time.
I have no desire to learn how to short any stocks, so please just forget I said it as I think you interpreted what I said the wrong way round?
I'm opening an account with Charles Schwab this week and then will be able to trade any US stocks for $8.95 till my little heart is content! lol
I didn't mean to cause a rucus over the weekend, but this is a stock discussion board.
Since I read Hillary Kramer's excellent book I've become a lot more discerning about what I will and won't buy, which for me, isn't such a bad thing.
Another investing book I read put the premise of investing the complete other way round! It said that you should look for reasons why you shouldn't invest in a stock. Another way to look at it is this .... who would you recommend this stock to? Would you recommend it to your wife for her 401K? To your friends? To your mother and so on .... you immediately start realising that what you would recommend to each of those groups of people is different.
As I say, as always, I wish anyone who invests in this company the very very best of luck. As for anyone who shorts a stock, in general, I hope every time something good happens that makes the share price shoot up so you have to cover your short position. Expensively, and quickly!
muga, I get it. I really do. Right now there are about ten companies
i've found that I'd really love to jump right into as they are either primed to pop or awaiting god news in the near future, but I don't have enough to invest in all of them.
No doubt SPQS will probably go on to be successful. But if they don't have basic things like a proper phone line, a proper voicemail message and actual filings regulated by someone other than themselves. I'm not willing to risk my money when I have plenty of companies that do, and have just as good a potential for share price growth.
By the way, I am not sure how many people who eat at McDonald's are aware of the existence of Stevia yet. In fact, why don't McDonald's just start sweetening their colas with it - or every sweet drink manufacturer for that matter. If they do, it wont be SPQS that is making the money, it will be the companies that grow their own Stevia.
I wouldn't be surprised if someone like Coca Cola or Pepsi doesn't start growing their own or take a huge supply contract out. SPQS, they want to distribute jars of the stuff. That's not where the market potential is. It is in the manufacturing process itself, to the companies that make cookies, cakes and make fizzy drinks.
Just so everyone knows. I've never shorted a stock ever.
I'm an investor for the long term only.
So, I'm not someone bashing this stock hoping to make money shorting it.
I also didn't like the fact that nobody picked up the phone and that there was not a proper SPQS message anywhere to be heard.
Dear everyone .... yes the company might have potential but .....
There are plenty of other excellent fully reporting pink sheets companies, with real quality potential.
I'm going to stick with the ones I've found that fill that criteria that I have set myself in my DD. one big plus factor for me about any pink sheet company is transparency. If this company isn't filing their accounts, how do I know what is going on there?
Does anyone here have a link to the distribution agreement? If you do, I'd really like to see it to read the terms and conditions.
Just my views. Stevia is grown by a number of companies. A simple search provides you with three other companies that have the name Stevia in their names - Stevia First Corp, Stevia Corp and Stevia Nutra Corp. All three are pink sheet companies. I would guess all three have (compared to SPQS) already established themselves. It's a shame none of them trade as low as SPQS as that is the type of company I like to invest in.
However, if I can't independently assess the company's financial health myself and the fact that the company doesn't seem to have a clear business plan and lurches from one potential product to the next, then it's my choice not to invest.
There are plenty of other boards on ihub that give you excellent investment ideas. All for free. My strategy is simple, buy a quality pink sheet company at rock bottom prices, that is about to break out on excellent news. Sell half my shares, invest in something else and so on and so on. Then enjoy the free ride on the first company, move on to the next etc etc.
Good luck if you do invest, it is my choice not to.
thanks for that I will take this off my list. Shame, the product is great, but if the company is run like that, I'd be pouring money down the drain.
gmoney123 have you managed to find any inforation in official filings for this company? I'd be grateful for a link if you have?
Many thanks
reko01 you're not being negative. I added this to my list of companies to research properly over the weekend when the market was closed and I could think.
If the company is not reporting, I'm puzzled as to how their shares are traded?
Like I say, I can't find any filings since 2008. Also not being able to contact the company was not good in my view.
Pennymachine, many thanks for this.
On looking further, I see Investinginbusinessweek has their article on Stevia dated 11 October last year.
I did try ans call the company but didn't get anyone. Anyway, if the article came out that long ago, I'd presume that they would have some results due soon. However, I cannot find any SEC filings 8K, 10K or even 10Q since 2008 for this company!
Here's a link to the article showing they posted it last October: http://investing.businessweek.com/research/stocks/private/snapshot.asp?privcapId=139017289
I am wondering how their shares are traded if they are not actually a reporting compsny?
Any views/explanations would be gratefully received?
Freshman2011 its just the potential of Stevia.
What could be better than a 100% natural sweetener, that's FDA approved?
The market for such a product is world wide. Diabetes, is hitting the world in epidemic proportions, everywhere. Anything that cuts down people's consumption of sugar (but still allows them to indulge their sweet tooth) is going to have a huge market, and put the manufacturers of Saccharin and Aspartame out of business all at the same time!
I am curious, does anyone know if they have any exclusive distribution agreements with the company?
I can't seem to find anything specifically relating to their distribution agreement - or maybe I'm not looking in the right place?
Yup as has already been said .... regular news flow should keep the price moving up.
I think they have the right people to make the idea about leverage work, with their existing subscriber base. I hope they widen the range of users they are targeting with their next choice of app.
Certainly looks like they have some very capable people on board who know what they are doing. I've had a good look at their website and read some bio's. All very interesting.
Well lets hope they maybe announce plans to start developing other apps maybe?
When are the financials expected? I might have time to get in yet?
I see astronomical potential for this company.
sorry Perchy and Insanant.... me any typos!
Percy, Insanant .... many thanks I'm very new to pink sheet
stocks but seem to have found some real gems on my travels round ihub. I finally managed to get in at 0.003. I will be holding for big things.
Will this really come down that much by next week? If so will wait to buy.
jupiler - do you really think this will hit $0.40C within three months? Lets say, by the end of July maybe?
Just curious?
Immie, it sure is. This is why I waited till they
confirmed they knew their corporate responsibilities! Eric Montandon finally replied this morning.
But as I said yesterday, the issuing of shares - especially such a large amount tends to be the thing you do at the end of the process.
Mr Montandon did say they are still doing their due diligence, but I think they were just being careful as they don't know me.
I think the response that Moxy got yesterday, was a more accurate picture of where we are in relation to finalising the merger.
Ah - just remmebered ... he also said as follows:
"Yes, our big losses and write downs are behind us, and we have business that should give us cash flow in the future.
I am not CEO, I am a director. Tom Morgan is CEO and will remain after the merger takes place, if it does take place."
That was what made me very happy to read. (Smiles). I noticed that the losses were also heading in the right direction in the 10K. Greatly reduced. Also, as has already been said - they have been busy pitching for various contracts. It cannot be underestimated how much work goes into each pitch. For each, they will have to work on costings, learn the specifics of, and the exact nature of the contract/project that they are bidding for.
That amount of work is no joke. Having done some simple project management work myself, once you work out your costings, the hardest thing is convincing the other party that your pitch is the best value for money one.
Company has confirmed an 8K will be issued
when the merger is completed. Just so everyone knows.