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I didn’t get that shareholder letter. I’ve been in this stock for 11 months.
Maybe, Something Great is going to happen and they want to compound the effects.
100 shares x's .02= 2.00
1 share x's 1.00= 1.00
Plus, it will raise the Volume.
That's a good question. . .Maybe, a payout of some kind.
Someone is upset.
Another down day of -72%= .7273 pps.
I may sell my shares for a tax reasons. I owe the IRS 99K; get ready for some cheap buying. At this Volume, my sell off should take 2-3 days. I like the stock just need the 13k offset.
I'll wait a few days. . . So, buyers get ready.
Success is the greatest revenge. . .
Besides, you told me long ago to drop the Buckeye thing.
Buckeye would take that fight for 25 million . . . The fight wouldn't last that long.
After the fight, Buckeye would sue for Medical bills and limo rides.
Buckeye’s ethics dilemmas cost every investor in SSPE/SUNR, some capital. He is the solider that stood, too late. In Buckeye's letter, where did he lie? Everything in the letter came to pass. Still, no one likes a whistle blower. He’s timing was malicious. Regardless, of Buckeye’s intentions, He didn’t care about the shareholder.
Buckeye was used. Now, every time he looks up, there’s CJ pissing on him. Maybe, it’s time to leave him alone. Besides, He calls and visits investor directly. The guys pretty big . . . From HIS Picture
This could hit the moon or $1 with 30K in Volume . . . If not, I’ll use it to offset some gains.
I like paying 33% to our great and wonderful government. They help millions that can’t afford basic needs. Should not every person have same things in this society? In the end, the true capitalist believes in taking the profit and cutting loses.
The candlestick are starting to indicate a buying signal. Friday, the buyer had control. If Monday's candlestick is another White Marubozu, BINGO.
It wouldn't take much to break 4 bucks with 2.5 shares out there.
If there is big news, BIG news. The PPS could surpass your target.
I think, Someone is trying to paint the price for all the chartist out there. The only price that matters is EOD.
I think, SUN wants listed on a high exchange.
Hmmmmm. . . .Micheal Moore could help vailadate the stock. Even, if he puts a bad spin on it. News is News.
FJ didn't want to deal the turmoil from the Buckeye ordeal. Can you blame him?
The value of SUNR is hard to determine. We don’t know the contracts on their books. We do not know the values of the contracts. A fair value cannot be determined without knowing all the facets and intricacies of Sun’s operation. At this point, there is no value. Most investors, will not come near a penny stock. The reasons vary from the lacking of fundamentals, stock valuation is impossible and/or technical analysis (charting) is impossible to trend on a day-to-day basis. We are investing in the dream of money. We are stuck in this firestorm.
Mother of six, big Board stocks are easier to trade. Usually, you can buy and sell with no problems. If your whole brokerage account is based in penny stocks, you’ve got bigger problems.
Buy another stock. . .
I bet, we are going to a higher exchange.
SSPE is an invalid symbol on etrade.
So, we're all in for a ride. . .
It's a great time to Buy. . .
On paper, all things are possible. There is support at .0025 and resistance at .0035. If the support can break resistance twice in a day, this would be a great sign for the buyer and the current investors. (Buy in at .004 during the second break of resistance for one day) After that, keep buy as the stock rises.
There is a great possible things will change. News can change our situation for better or worst. I am betting on the better.
I personally like playing the hard hit stock such as ETFC and BSC. The Bear Stearns Companies stock fell from 80 dollars to 2.86 dollars, I bought. ETFC did the same thing, I bought. Maybe, SSPE will turn a dime on the rebound.
Tell it like, it is. Numbers are the only factor.
If you call yourself an investor, there isn't really a term of averaging down. Just monthly and timed buys and holding for years. So, keep buying.
I agree with something is in the works. . .
Intellect is often established by success. Hopefully, our guts have taken us in the right direct. Only time will tell.
The stock is working it's way back up.
To the moon!!!!
Right On!!! It's another step toward a higher PPS.
Good work Laraz. . .Buck Fails, again.
Where can you short SSPE???
No options found for this underlying security. Please enter another stock or index symbol.
Ken
Why don't you play that game? You'd own money, right now.
If they PRed a "Bum Figher" like you that would be laughable. Since, that's not possible, I'll stick with posting about the Mediocre performance of Bucheye and family.
Pr's are just companies spins, anyways.
We all can see the price going UP.
It's been a tough month. Hopefully, there is a pay off for all that suffered. This anguish was fashioned by Buckeye. So, please e-mail, call and do what ever to repay the thanks.
If Buckeye has a nut hair, he call the SEC on himself and drop any shenanigans agaisnt Sun. This guy is underhanded.
Maybe, Buckeye is picking up shares at these low prices. The guy might have a plan for control of the stock. He has the preferred shares.
Why sue a broke Company for something of no value? Spend 20-50k on lawyers for nothing. Revenge, no way.
Buck is a lair with an agenda.
Right Now, I have to agree with your message of being positive.
Sun went fishing with a big hook for the big fish. The bad thing about a big hook is there are numerous bites. So, you lose most of your bait on small fish. Sun had the expertise to land FSN. An investor must ask why. The "Why" is the more important than, the "what". (What the numbers are. . .etc)Why did they get that deal with FSN? Why did TITAN give that money? Why is CJ still here?
Fibonacci does not take, the bearish trend, into account.
It's just past price.
I am not into charts. . .so, correct me. A reversal will come but the price may not be at the bottom??? Does this mean, it’s time to buy?
The MACD indicates a strong bearish signal. First, the MACD is below the signal line, a 9day moving average. Second, the MACD is below the critical level of 0, which implies that the underlying moving averages are trending lower.
Recent Candle Stick Analysis is very bearish. The April 30th candle stick was a bearish harami.
Fibonacci analysis for long term trends (120 days) and retracements = 0.005 to 0.016
Great read. . .Maybe, CJ should read this.
CJ reads our fourm. Maybe, He will take somethings to heart.
Let's have hard numbers!!!
CJ isn't going to write back.
CJ should consider writing some Earning reports. Followed by a conference call with a live wed cast. So, we (the shareholder) can call and ask questions. Why are the numbers this way? Did we lose this deal? etc. . . .Did someone not pay?. . .Etc.
The Numbers aren’t as important as why they are. Shareholder should and have the right to know earnings and losses. These PR are nothing more than a company spin on information. I guess, this is a pink. Maybe, I should start one for an Alaskan Mining Co.
Dave, you looking for a CFO job:)
Ken
If I wanted out, I'd mail my shares to Dave.
Ken
Thank YOU. . .Numbers make stock move.
Amen, Brother Dave. . .Sun do not blow it.
I would like to see a PR like this, CJ.
Sun Sports and Entertainment Inc Posts 2007 Financials With Reduction in Quarterly and Year End Losses.
The year-end Financial and Disclosure Statement reflects a fourth quarter loss of $134 thousand or ($.00262) per share, fully diluted at December 31, 2006. This is a reduction of $516 thousand from its 2006 fourth quarter loss of $650 thousand or ($.01) per share fully diluted.
To view the year-end Financial and Disclosure statement, visit www.pinksheets.com.
Current Business relations with FSN have brought in revenues that put the company in the positive for the first time. Sun hopes to expand this relationship to other avenues.
The outlook for 2008 is positive. We will start an open market buy back of common stock. So ON. . .
Thank you to the Investor who stood by in bleak times. . .
CJ. . . Are you reading this. . .take notes. . .Where is the PR?
Ken
I have played this as a gamble, too. I can see the changes with Sun's management. Sun is trying to right the wrongs from the past month or year. It is probable mostly for damage control.
It will take months to know the out come for Sun . . . . Until, TV ratings are posted and Advertisement dollars have been counted.
Speaking just from a supply and demand angle, Sun needs new investors to drive the PPS up. So, PR’s that have meat(numbers) are a must.
I hope no one is betting the farm on this one.
Sun needs to make the financials transparent to the investor. The investors need access to the Accounting records. Someone needs to be responsible, legally for financial actions.
As investors, we gauge our risk from the fundamentals of accounting.
This is like a bad family drama. Not something, you want to invest in. I have a few shares but this is not true investing. Where are the Dividends or the fundamental?
It is not worth trading. The charts and TECHICAL aspects of the stock are lacking. SSPE does not have enough volume to trade the amount of stock needed to make money. So, if this is your hail marry stock, you have bigger problems.
It may take some time for this thing to rock. The talk of Reverse splits does not help matters.
If Sun is reading this:
1. Start a buy back on the open market, when you can. You have just devalued everyone’s stock by 20% with 51 million in dilution. A buy back would show the company has started to become stable.
2. List SSPE on the next higher exchange and make the financial public information. Heck, the shareholder have bank rolled this thing.
3. Don't talk to shareholders except through the channels allowed by the SEC.
Why hold? Love the gamble.
Trust me. . .I do not Trust CJ.
I have down sized my position. I started on Monday (7th). If the Money is not moving, it is time to get out. The PR on the eighth reconfirmed that move.
Buckeye had a duty as the President but he failed the shareholders. If you see your partner cheating or stealing from everyone, blow the whistle . . . Or steal with him.
I bet CJ and Buckeye are both dirty.
If ya need stocks to watch for day trading. . .FSLR, STP,RIMM, AAPL, BIDU, FXI, RIG, OIH, PBR, PCU, MA, ISRG.