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Yes, you should check out there Increditeddies!!
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Just joking, they don't have those yet.
IMO
Best to all.
Entertain the idea of Orbitz.
Since there isn't much more to talk about here, what do you guys think TTDZ could bring of value to Orbitz? Would such an idea of being bought out by them make sense?
IMO
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From 2002??? Really??
What does a filing from 2002 have anything to do with current business developments and SUCCESS!!!????
If the filing were say from last year or maybe even 2 years ago, sure that would be a caution sign.
IMO
Best to all.
R/S definition is incorrect.
Reverse split is the combining of shares by a company which results in the PPS being raised and the number of shares available being reduced.
Ex. before R/S 100 shares at $1
afte a 10 to 1 R/S 10 shars at $10
and the portfolio value stays the same at $100.
Reduction of shares can occur in other ways such as a buy back. Buy back means the company pays the stockholder for the shares and the company removes the shares from the market.
a good source for info is www.investopedia.com[tag][/tag]
IMO
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I doubt PPS will fall back to .0003 soon.
If you look at the exchanges for today, a large number were sold at the .0006 mark which brought us back down to the 4X5 range. I think the next resistance point will be .0008 and then .001 as those who came in at .0004 and .0005 mark their exit points.
If there is sufficient momentum, people could change their minds to exit later, but that's my predictions.
IMO
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Solid buys since 11/9?
Date Buys
11/9/2010 ? - 6,545,550
11/10/2010 ? - 13,870,000
11/11/2010 ? - 8,803,200
11/12/2010 ? - 11,928,259
11/12/2010 ? - 4,200,000
I've been keeping track of volume provided by IHUB. There hasn't been a recorded sell since 11/8, and the total of the buys is over 45Mill now.
Why has there been no change in PPS or B&A to reflect this volume, especially since on the previous 2 days the total of possible sells were 43 Mill at .0001? The sells of 43Mill had moved the bid down to no bid. There should be at least some bid showing now.
IMO
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So, how do these post Oct. 1 shares, majically come to the same value of .01 as the shares that will undergo the R/S?
IMO
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That was a partial sell order.
Somone didn't click the option for AON. Doing a sell for anytime for any amount of stocks gives the MMs something extra to play with. I had that happen to one of my sell orders a month or so ago. It ended up costing me twice the brokerage fees when I exited because the rest of the order didn't fill until the next day.
IMO
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On good news.
At least people are still buying, whoever they may be.
IMO
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Impressed, Climbed out of the cellar.
I'm impress with this stock. It climbed its way out of the cellar, and that's no easy feat. I also like the continuous stream of PRs letting investors know the company is moving forward agressivily with business development.
Last caveat, I wish I had money to get into this. .. . LMAO.
IMO
Best to all and lucky you.
Manufacturing rate of Incredisocks?
I saw the idea of getting Wal-mart to stock these. To get a national chain to stock these socks, there has to be the ability of the supplying company to make them in great quantities. I saw that orders have increased to 10K per month, and there seemed to be a back order of them.
Does anyone know if the company has a plan for firestorm expansion of the manufacturing? It doesn't help to peddle the big chain stores if the company can't offer a rather immediate supply for stocking inventory (no pun intended).
On the idea of stores to request, I don't know if Wal-mart would be the best place since they tend to desire items of lower price ranges. Incredisocks don't seem to fit that criteria. I would think the sports outlets as more viable venues, such as Academy and fishing/hunting supply chains.
IMO
Best to all.
Would rather resolve technical difficulties.
I would rather have the technical difficulties resolved than endure a reverse split where the company needs to make a couple million in profits and add sensational fireworks with them (like joint ventures with major companies on NYSE) to get a sustained PPS of .02 after an RS.
There is a clause in the filing:
That article about R/S is for normal stocks on presitigious exchanges. I remember reading a PR on a company that was NASDAQ listed but in the 50 cents range. They put a whole series of PRs out on doing a RS and why. I didn't follow it, but the information made sense. The NASDAQ company would RS past the $2 mark so they could reach better quality of investors along with other good reasons. That process of informing the investors probably made the RS work for that company.
Here? Its not institutional investors, but finicky day traders. If it doesn't have the potential for a 2 bagger in the next week or two, you can kiss the PPS goodbye. An R/S tends to scare away investors as the active date draws near, and when it happens, poof, you just found out how shares can lose value when then were once at .0001.
IMO
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VCTY should distance itself from MMMG.
In the last two PRs I saw it looked like VCTY had put the news out. Because of MMMGs stellar reputation, VCTY would probably benefit from restricting MMMG from including it in the MMMG lists. VCTY seems to be doing well with the help of MMMG, but being continuously mentioned in every breath by MMMG doesn't seem to help their cause. It would be an interesting change in tactic where spontaneity seems to prevail over telegraphed moves through MMMG.
IMO
Best to all.
The sticky needs original link.
To help people with DD the original link to the news article should be included. Anyone can post whatever they want in quotes and call it news. On the other hand its a bit more difficult to fake a newswire site and pass it off as legit.
IMO
Best to all.
All buys, NO sells, yet listed shorts.
An interesting look into the nature of the short list:
Volume of 13,870,000 buys and NO sells.
Yet there are 2,300,000 shares on the short list from FINRA.
IMO
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Why did this increase on news of a R/S?
I've seen other companies sink on the news of a profitable merger. Am I missing something about the fundamentals on of R/S and mergers? I thought R/S is bad and profitable mergers are good.
IMO
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If bid is .0 what amount is a market sell?
Can the MMs fill a market order for less than .0001? If so that would explain how the PPS is fluctuating under .0001. It would be due to people selling for less than that.
IMO
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Just to humor the idea of $2.
It would take a net buy of around $200 Million dollars for the stock to reach that level. If you are looking at how many new investors that might take, based on the current trend, we need an additional 8 Million new investors. For that particular trading day, I would expect about a 1 Trillion in volume as people jump and flip and jump and flip.
LOL, an impossible scenario for a penny stock to reach on any day, but amusing nevertheless.
IMO
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No D on the ticker symbol.
There is no D because it wasn't a split of any sort but a buy back. The D is a way to let investors know that the value of the stock was recently affected directly by a split of some sort. With a buyback the value of the stock isn't directly affected, but the trading dynamics are changed. To me its the opposite action of when a company initiates dilution.
This should give the market better value for trading the stock, but so far we haven't seen that, and there seems to be some heavy manipulation occurring if you look at the past week's short lists. On Friday we ended up positive with the buying volume, yet the bid didn't reflect that. Hopefully it will be adjusted accordingly at opening on Monday.
IMO
Best to all.
This seems to have life.
What is the new opinion from everyone?
Candle stick pattern.
I came across this stock in my personal paper monitoring, but I don't own it personally. I'm surprized this hasn't made a northbound trend. The candlestick patter over the last month or so has been positive 75% of the time, yet its still making a southern march.
I think this could pop pretty soon with the majority of people showing a nice preference of holding on.
IMO
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Financials don't look that bad.
The real bottleneck in the business seems to be the process that has created the backlog. With $1.4Mil in orders that should have a nice effecton the revenue stream when it gets resolved.
IMO
Best to all
Recommendation for a courtesy letter.
If Ken is able to see this, I would recommend a simple courtesy letter to be sent to those who are registered for the dividend. It doesn't have to go into great detail, but it will provide a confirmation to those who were shareholders of record that day. There is some expense associated with a letter in the area of $200 or so from mailings I've done in the past. This is a simple suggestion to help with communications.
IMO
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Post Unavailable
Additional Information
What is this in reference to?
They aren't required to file with the SEC.
But they have posted unaudited financials at the end of August for the period ending in June 2010.
Looking at the balance sheets from then, they have 1.6 Mil in assets. In the same period they began converting some debt into higher quality securities held by insiders that don't affect the common stock.
In October, they have hinted at an increase in assets to over 2 Mil and the business seems to be positioning itself for the next stage of its business plan.
One interesting note of the financials is the existence of 132K of electronic equipment alone. For an online travel coordination business, this would make sense with having servers and routers in place for the material support of the software platform. So it does seem to have business operations somewhere just not here in the USA. If anyone is skilled in chinese some research on chinese language sites would be nice.
IMO
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More confused MMs this morning?
Another no bid and .0002 spread.
IMO
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A curiosity . . . an order at .00?
Found this on otcbb
For cross referencing DD.
I found this link that offers a bit more information on the company and can help cross reference DD for the people in the company.
http://www.spoke.com/info/c5vCi7I/TritonDistributionSystsInc
I'm unsure how old the information on there is. But it can be used for current people as well.
IMO
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Does a failed company offer 401K?
Here is a quote from the careers page of the website.
http://www.tritonds.com/company/career-senior-software-engineer.asp
Many don't use linked-in.
Is it possible to copy the info over to here?
Thank you to the new moderator/assistants.
Just wanted to say thanx for stepping up to help with the board.
PR about status is a year old.
Please don't post anymore about the status unless it is after Nove 2, 2010
IMO (although this has more facts than anything)
Best to all
Two candle sticks and Accumulation!!!
This is a nice ending for the day.
I am curious though what the amount of 8 Mill means with the accumm/distrib line. Can someone explain that for us?
IMO
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Hmmm. . . Shorts are bit high.
That's a 40% shorting of the volume. The other day when the volume was 45 Mill the shorting ratio was 27%.
One definative interpretation is the MM's are scrounging for shares and a simple light day of 25 Mill in volume is causing them problems since they had to delay filling orders to get almost 10 Mill in shares from whoever.
IMO
Best to all.
Hmmm. . . Shorts are bit high.
That's a 40% shorting of the volume. The other day when the volume was 45 Mill the shorting ratio was 27%.
One definative interpretation is the MM's are scrounging for shares and a simple light day of 25 Mill in volume is causing them problems since they had to delay filling orders to get almost 10 Mill in shares from whoever.
IMO
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Any opinions on the purchase agreement?
Whoo hoo!! Can't wait to get my DIVI.
Just kidding. I don't own any of this stock.
and,
Even though I've been in some bad stocks, this one is way to sour for me. Couldn't find a sweet spot even if it was a covered in honey.
IMO
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