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Its on my radar, especially after what they did to us several months ago. I think it would be nice if we could make some of our $$ back.
True, moved up on very little volume. Big news would be huge. Once again I'll set my sell way up high and then adjust it as the days goes on. Loved your link too. Thanks.
I was hoping the bid would hit 12 but it didn't. Just wanted to make my approx. $475, although I am glad the last went up. Maybe tomorrow we'll get some real news. Every day I set the sell real high just in case it jumps on news.
whats up with the bid & ask 0.0007 0.0012
And when is penny season?
Paid basher? I checked his profile and there are very few posts after closing. Very interesting.
someone sold almost 2 million shares towards the end of the day. This stock is looking good right now. I may get back in.
nice close. Sold off some today and bought into another penny that went up 12%. Since Ive been swinging this stock I've actually made money. I'm still in with over 2 million shares but I'll be selling if it jumps up then buying if it sinks. Sorry but I learned my lesson when I stood by and watched it tumble from 0025 while waiting for the big news. What a fool I was. I still beleive this stock can move if management lets it.
Yeah, let's see how CSTI reacts! What is CSTI?
Was there news? I'm still trying to unload the rest at 0012. The bid was there for at least 4 minutes before any sold. WTF?
today we're going to break out! Yeah baby! My 50 bucks will turn to 100, then 50 then 100 then 50 then 100..................
Do I hear bid @ .0012?
One other problem is that those, including myself, have a vested interest in pumping out the good news and suppressing the bad. When we have thousands of dollars vested in a particular stock, our judgment gets cloudy and we only want to hear positive things about our stock.
However, in this case I believe the stock is legit, but I think management is diluting every chance they get. They didn't authorize millions of shares not to used. Every time time recently there is news the pps drops even though people are buying and volume increases. I can't see any other reason for this to be happening.
To much game playing by management. Today I decided to take a break from this stock and sell off a lot of my shares in an attempt to take a little a profit. So after about $1K sells they lower the bid and the stock falls, so I wait. Then this scenario repeats itself two more times before my order is three quarters filled. Then sometime after three someone bought over 2 million shares, and even with this low volume it didn't budge. I'm afraid only concrete verifiable news of huge profits can save this stock. Tomorrow we may be looking at 3 zeros. OUCH!
I'm thinking about getting into ELCR. I think this industry could take off with the current administration and its willingness to pump $ and free publicity into these type of green companies. I also like the fact that it is trading near its year low and has a lot of volume. Could someone tell me why this stock would be worth while to put in 5-10K if not more?
Actually, porn is one of the biggest industries in America. If EFLN has their checker on those dating sites, it is getting huge exposure. (no pun intended)
I completely agree about the dilution. There is no reason with all that buying the pps would drop 50%. If they release some solid news the price should go back up. We still got f*&%ed.
Only down 1500. I wish I were so lucky. If management doesnt dilute the stock for a while it should go up a bit.
Could you post your source (link)? I could not find it.
I'm holding then selling when I feel like it. I am not going to hold long anymore, not with this stock. It just doesn't make sense. When I swing traded when it was at this level a couple of months ago I was making money. Then I got greedy and my judgement cloudy. I held for over a month. I watching it go up then crash. My bad. I have no loyalty to the stock. It is just about the $. Today I had a partial fill at 0010 and sold at 0011, then got a fill at 0011. I made money today. I haven't been able to say that for a while. I'm not getting beat again if I can help it.
Keep in mind we were at this same low in mid March so we did have a nice run. I was in then at 0010 but sold once or twice at 0012, then got in again at 0015 and held.... Too long. The run did occur right before out eyes but we all thought we'd be at a penny like we were about 8 months ago. We can get there but we are at the mercy of management.
I could be wrong but in my experience the penny stocks I have watched don't go along with the the Dow trends. The problem here is simple. They diluted it to bring in some revenue. How many of the authorized shares they've used so far is beyond me but there are some very sharp people here that could probably give us the answer. I haven't given up but I'm not going to sit here and watch all my money vanish. I'm out and unless something else comes along I will put my money back in when I feel it is safe. Kind of funny but I have almost the same amount of money I started with when I started swinging this stock. It was good to me before I broke my rule and went long.
Is it pointless to sell ? If it continues to drop then stabilizes it could be a great buy if they haven't scared away their investors, me for one.
Sorry but I'm out for now. I feel like I've been ripped off by management, and I also feel like a fool because there were some warning signs I ignored. It seemed when ever we got the long awaited news, the stock would rise for a second then drop. Dilution? Also the last PR was suspicious. The line that made me nervous was, "preliminary agreement with Extreme Synergy." That's not solid or is it complete. Then there was the news that "the new BackgroundChecker app is currently available for download at the Apple iTunes Store." This came several days after the fact. We already new that. Then there was the R/S, and the PR that followed. "Due to new business opportunities and contracts the Board unanimously voted to not execute the proposed reverse division of the common shares." Well that's great but what new contracts? It is three weeks later and so far all we have is the
"preliminary agreement with Extreme Synergy." Then another warning sign was a little over a week ago I need some money for a quick trade so I sold $3K worth and the stock dropped like a rock, about 20%. The next day when I put the money back in it did not rise.
I still think the company has potential, but the management must have heavily diluted the stock and has scared away all the investors including myself. If anyone talks to "Baghdad Bob" (Frank), please post it.
They claimed they owned tankers, Jet Fighters and all sorts of toys. maybe they do but I've never seen one, but I do have the background checker on my iphone.
True, then became a subpenny in a couple of days. I lost about 30% in that one.
We've all been had by greedy management. They pump out a couple of PR's then they dilute the *&%it out of it. Didn't it finish down last time they had PR? The volume was great today at 44,402,624 which is about 10 times the ave for the last couple of weeks. We could of had our day but management wanted all the money for themselves. Hopefully the dilution is over and we can finally make some money. The company is solid but it is up to management to decide how they want to play us. I hope this doesn't turn into another TADF.
Ok what's going on here???
The recent drop is no big deal and common with these pennies. We're trading around what we were at 4 or 5 days ago. We could make that up in a day or two. I think we will stay around 17-18 for a day or two then creep back up to the low to mid 20's before news. So far I was only wrong about TADF. Anyone brave enough to risk public humility and make a prediction?
I just hope it gets there in small increments or we're going to have a lot of flippers.
I just got the cheapest package on friday and like it.
The app just came out so give them some time to count the money.
I for one would like to see a little gain every couple of days instead of the big jump and dump. I’ve seen a lot of pennies shoot up one day then fall hard the next. I’ve been watching these pennies for years but didn’t put my money in them till a short while ago. I’m still a beginner. efln by far has the most going for it of all the pennies I’ve been involved with. They have a real product and real contracts. The rewards should be nice in the long run.
"INEX is poised for a large growth of business at the Federal and State level."
I love that sentence!
http://finance.yahoo.com/news/eFUEL-EFN-Corp-is-Pleased-to-pz-3810425744.html?x=0&.v=1
They borrowed shares at a time they thought the price was going to go down. They were wrong and now they are paying dearly.
I'm glad someone got it.
Hold tight and don’t be discouraged if we see some minor drops along the way. All pennies that have shot up do fluctuate. Right now we are where we were before the r/s turmoil began. With news on the way and some publicity, this stock could easily hit a penny. It was just about there 6 months ago without the app out, and a couple of years ago it was at multiple pennies. This stock has the potential to make us a lot of money if we’re patient.
Just my 2 cents.
PS. Thank you Smitter for your contribution to this board.
I'm going to play it by ear and see how the stock acts once it gets up to about 3 or 4 times where it is now.
When I say real job no offense to the people who trade full time. You must have nerves of steal. I sometimes lose sleep thinking about stocks my $ is in.
I have a real job, although before I put my money in tadf I was making out real good. tadf was a wake up call. KEEP YOUR DAY JOB! I go to work at 5AM, not quite as early as Smitter but early enough to keep me tired most of the time. I am lucky because I am able to monitor the market on my phone or computer. GO EFLN!