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i will chime in and point out
GDGI is not pointing to a bid for about 80% of the float (a bid 100 times the size of what we have been seeing that was also reported on other screens on the same platform as being normal sized at the same time - buysell screen vs quote screen) and saying that volume is a sign big things are coming in the next couple weeks, nor are they claiming royalties or revenue already in the bank or suggesting that the fact that several touts are planned next week (near the 10q reporting deadline for all companies) indicates that GDGI is somehow more likely to receive a tout.
don't be alarmed if these suggested possible outcomes for the next two weeks dont come true. sooner or later, they will close one of these big deals (soriana, the two national banks in Costa Rica, Pepsi distributor(large facilitie) or start to get royalties from sales in asia to korea telcomms hundreds of facilities or other buyers.
if they dont put out a 10k on time, that just shows that they have not gotten new revenue yet. they never said they did. its no reason to distrust this anti-hype company. all the hype is coming from outside the company.
they have a real product, patents, epa endorsements, pending deals, and just eliminated 2/3 of their debt. some people think when that news is broadcast in the 10q, it will create buying power that we havent seen yet. could be. keep in mind the 10q could be late if they dont have new revenue yet. not the end of the world, just a test of your patience. could
it is the last word that counts
who will be our hero at the close?
i read somewhere that only 1 in 10 penny stocks succeeds
i like those odds! besides the fact that GDGI could be better than a 10 bagger, so even with only a 1 in 10 shot, the expected value would be a positive return ... on top of that GDGI is WAY better looking than most pennies
they have a real product that they have been selling for years and clients who have used it for years and been happy, good share structure and liquidy, you can buy and sell it and it trades every day, patents, EPA and university test endorsements, royalty distribution deal in asia so that they could make money in the long run even if they had to shutter their offices, and big deals they are working on with a big box store chain in mx, korea telcomm with their massive server cooling needs, and in cr with two big banks (who would presumably be an easy source of financing for other businesses that wanted to buy - and if the bank gives 80% and the company gives a 20% bridge loan, that is no money down, slightly over two year payback with interest before you are stacking paper for free)
if they are not part of the 1 in 10 that moves to a big exchange, who is?
also, they were, like so many pennies, promoted by a hype promoter (whose hype crossed the line into fraud, so 2 million dollars just came off the debt side of the balance sheet! yay! ) so the stock was overvalued for where it was (at over 100 million dollars) and is now undervalued (at around a million - etrade says half mill but they STILL have the share structure wrong) , as the pendulum tends to swing past the center where it would come to rest, or as another occasionally astute observer said - like a rubber band
GDGI - go long. DO NOT hold your breath though. you might breathe out in 1 minute and see them announcing a big sale, but it could stil take months. nobody knows, including the CEO of GDGI. it depends on other people, and we can never be sure what other people will do.
also - will the announcement in the 10q that the debt is gone creating new buying pressure. i dont think so, but i am inexperienced in pennies and some experienced people think yes.
will the 10q come out on time? some experienced posters have every reason to think so. for me, the missing reason to think so is i dont know if they have any money or not and i dont feel like i have a good basis for guessing yes or no.
i am gonna guess no, and say i am ok with that, to cultivate the patience i will need to hold if news does not come.
well.. i dont think anyone thinks all 5 will be GDGI...
they might have money from royalties
or they might have just made a sale
but it would still mean dilution
why would they tout, if not to issue stock to sell
after the tout?
NASDAQ (who of course hate on pennies) has a page on penny stocks and they mention touts by warning against them and say that investors buy touts to pump and dump, so it is possible someone outside the company will buy a tout
also, although they said they would not dilute, that was then
this is now, it was not a formal commitment
and at some time in the unknowable future
they will probably eventually dilute
i hope they announce and explain when they do
but i dont think they exactly promised to do that
still, i think noticing that there are going to be several touts next week and thinking that means there is a good chance that GDGI is one of them
when 10s of thousands of other companies also have their 10qs comign out soon,
is kind of like saying there is oxygen in the atmosphere which would be required for a GDGI tout, so there is a good chance of a GDGI tout
what do i know? i dont know from pennies, but i may be able to reason my way out of a wet paper bag.
wow! five tout services announcing a pick next week!
and GDGI has their 10q deadline coming up?
coincidence?
also all the other stocks that have to report,
which i guess is all the stocks that are publicly traded,
have their deadline next week too though
i guess there are a few other penny stocks though
maybe 10,000? or 20 or 30,000?
with 5 touts coming up next week (probably more even)
all else being equal
the odds of GDGI getting a tout are 5 in 30,000
or maybe even better
good to know!
but still good to see bid support
consistently over the past few days
absorbing some selling
and i think the notion
that GDGI is a penny stock in the sense of its share price and valuation are in the penny stock range
and to some degree it will do as pennies do
it terms of deciding whether to buy or hold it
you can think of it as better than a penny ---
its not just a who-knows kind of long shot or momentum play
i have read hear that it is rare for pennies to
have a share structure like this
a balance sheet like this (2/3rds of debt removed only $800k remain and market has not reacted. is this because the news was not on major trading platforms? seems odd to me, but some think so)
history of revenue like this .. 200$k a year or something?
patents and EPA endorsement along with Tulane U and Harvey Mudd endorsements
and clients who have been using for years including large casinos, and to me, bafflingly, someone in the midwest like a firehouse or something ?? (odd because i would not have guessed you would want it with a 6 month AC year - that doubles the payback time from the 12 month ac year of MX and CR and Nevada)
all this they already have
rare among pennies
it is narrowly held by a squabbling family of people who are not related to each other except in their single shared opinion: they are almost all very bullish about the stock, and it will be difficult to pry any volume loose from them
this board will tell you where about half the float is
if you read it
university study in india underway
chenaii india is hotter than something very very hot that would leave you only able to make weak analogies
and they have huge auto mfctring facilities there
but i digress -
more immediately they have multi unit sales deals that they are working on with Soriana in Mexico, the two national bank chains in Costa Rica - this accounts for most of the banking in that country of 4 million, and Korea Telcomm - dont know their market share but that is a big country with faster internet than us, ergo telcomms with lots of server cooling needs
so it is worth 1 million?
this company?
seriously?
i know what i'd do with a million bucks.
would have been good news
i think
it is probably rare
for a bid for the float at around market 5 day avg
even in pennies
what do i know though
but i do know i am on the ask for .0044 for 10 million shares
but i dont have that many, and my order is for 100,000
so i think the alternative theory that
the huge buy and sell orders that are 100 times
larger than what we have been seeing
are a reporting error
..
uh...
so i will get off the bid now
i dont want to sell that
i just wanted to confirm the obvious
i agree. it is only 10% dilution to do that,
and with 400k in the bank after paying the tout left over to pay power salesmen with big contract HVAC experience and connections - i would definitely think this stock was worth more. especially when that 400k for sales/marketing got them to close a big deal and send the stock past 10 cents
on the other hand, i believe the CEO told someone no dilution
as i posted in the past, why not PR a commitment to a ceiling for dilution, not no dilution, so you can raise money if you feel like it, but the stockholders know you will act prudently and there is a limit to the dilution
i would love to see that
good information to know
because the bid was reported to be 137 million
monday and then tuesday it said the bid was 60some million
and 600,000 shares or so sold on monday
i think that is pretty clear evidence that the bid
for 40 times the average daily volume,
almost the entire float
is real
or maybe, on the other hand, the bid was 1.37 million
and then 600,000ish sold and took the bid down to 600,000ish
that actually might make more sense
but i guess we could be optimistic that instead of it
being a reporting error, someone with enough money to place the order just tried to buy almost all the float
yeah, see now that makes more sense to me
it would explain his confidence! har.
i dont know about penny stocks much
but i wondered if there have been 38 touts in the past couple years while the company proclaims it is not into short term strategy (and to what does that refer but touting?) could it be a stockholder
i wonder how much a tout with impact costs. if someone is holding 36k, spending 36 to get a triple would be a good deal if there was a high degree of certainty. but that seems like it is too cheap. like if it were that easy we would see it all the time. but maybe you do in the other pennies. on the other hand, i read somewhere a professed penny stock watcher saying the disclaimers usually indicated they were paid for by the company, not a private investor.
so i am not sure. not real confident there is much of a chance of a tout, but the levy debt by itself is kinda tout worthy. on the other hand, if you are a using a stock promoter news letter, do you wanna say "company drops 2/3rds debt because stock promoter convicted of fraud"? there is some degree of irony there.
137 mill bid report was an error
i am pretty sure
i saw that too
and was all stoked
but then i went to the buy page
and it was correctly reporting
1/100th of that .. 1.37 mill
contacted etrade, they gave me a form response
that its reported to them by FINRA
and they dont vouch for them -
it's why you cant do a market order
but again, ETRADE reported both 137 and 1.37 mill
at the same time
it could not be both
and the smaller number seems much more likely
to have been the correct number to me
i think some others posted about this error as well
too bad! that would have been pretty impressive support.
basically a bid to take over the company
but.. also..
i hear tout services are announcing they will tout next week
and GDGI has the 10q deadline, so it could be about them!
or it could be about any of the other companies that might coincidentally have 10q deadlines at the same time, like all of them i guess
i think based on what we know
GDGI could _possibly_ go flying up at any moment
they have several deals in the works, already taking longer than the CEO thought. Sorianan, CR banks, Royalties for Korea Telcomm, Pepsi distributor, all million dollar sales so any day now, or later.
if i was confident that it was not going up soon, i would not mind the possibility that high short term expectations might create volatility. i would be willing to swing trade. i dont think that is unethical.
but since i think it could take off any time, even though now is not especially likely in my view, i dont want to have to worry about it going down if it doesnt take off right away.
it is perhaps ironic, but it is my confidence in the stock and the belief in the short term POSSIBILITY of near term success that make me so adamant in my wish that people not over estimate the short term PROBABILITY of success, as high expectations might not be met
this does not mean that i want the share price to fall or that my interests are inimical to those of other longs - but they are opposed to swing traders' interests
that is why i think the company would not use a tout service - they more cause a short term rise than a permanent change in valuation. and the company suffered through one so unethical that it was illegal, and so would be gun shy. besides which i thought i read some say it, but i guess i was wrong, cause no one is backing that up.
furthermore, aman says a tout service was used 38 times in the last 2 years, and while he absolutley does not say a tout service is ALWAYS used by the company and not an investor, i am almost sure he also believes it is USUALLY used by the company, so many if not all these touts have already been done by the company
and two caused short term spikes
the others dotn seem to have
but maybe they were just cheap
this shows willingness to use a tout
and just lack of budget to do it
i dont get why they would do that either, but if aman is right, they did!
so i am not trying to lie and misquote aman, i am just trying to tell you that be believes he has observed evidence that they are willing to use touts. also they sometimes work.
and as he says, other much less substantial companies have had huge increases in valuation on a tout, probably just have to sepdn more, or start from lower. going to 18 from 10 is not a huge multiple, but going from .004 back to 18
WOULD BE PRETTY SWEET
and if the company wanted to sell some shares to hire a marketing department, they could tout to do that
for instance
oops! i did say that outsiders almost never pay AND the company always pays! not compatible statements really.
but to me, the important thing is the whole post was acknowledging that the thesis that the company may tout might be accurate, even though i am not inclined to think so
and i did not take issue with the notion that the company always pays for the touts or lean on that as my argument
that would be almost as bad as leaning on someone typing 10k instead of 10q as a part of an ad hominem (at the man not the statement) attack urging everyone to be dubious of their opinions, which is to say, spectacularly ridiculous
its like a fireworks show
i am in awe of the ridiculousity
which is so a word, in the sense that i typed it and you understood it, dear reader
also i dont follow you about getting the savings plus interest.
what are they getting interest on?
and wouldnt they get a fraction of the savings?
why does the business let them put them on
and they get nothing except they have to pay interest?
this business model exists and they call it energy services business - the E.S. company comes in and does all kinds of stuff to reduce energy costs for a business and they split the savings.
i thought of starting my own business and doing this. the problem is: AC demand is quite variable and most potential clients are also not going to have good historical data. it is hard to figure out how to be exactly sure of the savings and hard to agree on how to measure.
even if you knew last year's demand, you can't demand the business not change their operation in any way that creates heat load, and if they do, you might reduce their bill by 20% but still have it come out the same as last year beacuse they did something that would increase it 20%.
ES business usually work on a pretty big scale where the payoff makes solving these thorny problems worth it.
also another reason they dont do that is they have no money.
the units do apparently cost a lot to produce. hoses and nozzles, very cheap. filters not so much.
absolutely not.
i am pretty sure the distributors operate very independently so the parent companies dont have to answer to any of the dirty dirty wars among them. they get the product and the instruction: sell as much of this you can in your own territory and dont tell us how you did it. (when i worked for an economics expert witness firm in anti trust cases, we dropped our only soft drink distributor client when the chief asked the lawyer what happens if the guy who is going to testify against me dies suddenly and unexpectedly. further asking around among contacts at firms who worked iwth bottlers and distributors of soft drinks suggested the industry is rotten to the core. bad people sell lethal drugs like her'on* and coke, or pepsi. sugar kills.
i am 90% sure a food franchise operator is constrained in design, product, uniforms, quite possibly operations and training, and presentation, but i would be very surprised what AC they use and how they use it is their business
and i am sure they all at least glance at the corporate franchise news magazine, so somebody could publish in there and it could spread, and they HQ could suggest people consider it, but they i think they would be very unlikely to prohibit it or require permission. remotely possible they would offer it as part of the franchise package, but i think that is really really unlikely
also if i am not mistaken Flying J truckstops and probably some other groups or individuals are single owners of many Dennys, so if one of those owners got interested, that could be big
and Dennys corporate owns quite a few themselves, as is typical with franchises - some are privately owned under franchise license and others, usually a minority, are owned by the corporation
* yeah, the apostrophe should be where the missing letter is, but it is pronounced hair-on, so i think her'on is a better way to spell heroin than hero'n, which would make people think it was pronounced hero-in
well nobody spoke up on that one
maybe you are right and there is no reason to believe the company wont tout
my memory is hazy. i dont know exactly why i think that, i just know i recall in the past having been convinced that was the case, i think based on something someone said about talking to the company, but nobody is chiming in to confirm, so i maybe i misremember
you also said they used touts like 38 times in the last two years, including some last year??
and if i recall correctly, your penny stock experience tells you that outside sellers almost never pay for touts, it is always the company??
i noticed those touts did not seem very effective, but maybe they were mostly very cheap touts with small audiences. two times the stock went up quickly and maybe that was from 2 of the 38 touts.
and as you say, an effective tout can take a company that has about nothing going for it and send it off for a 10 bagger
so i guess you never know
yeah - and they have 3 potential big sales we know about
i am not counting dennys us nationwide or pepsi distributors us nationwide as big sales we know about cause i think that is a single dennys franchise and a single pepsi distributor. someday those could make their way to corporate HQ and get pushed on the franchises and distributors, but its not necessarily near term
i am thinking of soriana, which i am under the impression is a corporate wide level sale, and the two banks in CR which i am also under the impression are corporate wide, and korea telcomm which was announced as a pilot install specifically with an eye to going to 200 facilities or somethign like that. korea has better faster internet than the US and those big servers that they have create a lot of heat!! when that sale hits we will get a big pile of royalties
we could gradually reach a greater scale, one to 4 unit sales here and there with individual locations. i am hoping it will be sudden with one big corp agreeing to buy 100 or something
so i say don't be a typical impatient american investor and bail if people's well intentioned and perhaps not entirely baseless optimsim* for big results in the next two months are not met
it is a well documented problem that US business has - shareholders demand immediate results so our businesses cant plan long term like they do in say, japan. not that they are a perfect model for everything, but the patience of their stockholders gives their companies room to invest in the future in a way that ours cant
* i dont have a super lot of optimism for may/june results, but as Aman points out, they ought to put out a 10 !!! Q !!! it is not ! K ! and this is a super important distinction and according to some, mixing the two up shows the speaker knows nothing about stockcs, and that will show the debt reduction of over 60% to a bigger audience, plus MRTX bet $36k and claims sommeting will go down may/june plus they said very soon back in january, but they were probablly talking about MX or CR, where very soon means six months from now.
and i would add six months from now..maybe..or maybe a little later.
any day this year could be the day before the big news hits.
any day you buy you could be whoo hooing all the way to the bank
and day you sell you could be kicking yourself tomorrow
thanks! but i think it will be a rocketship when big sale comes.
they seem to be working on multi unit projects (korea telecom said maybe hundreds? both those banks have many buildings and it sounds like they are working with them at the national level and same with soriana)
so i think if they sell 100 units for a million dollars, that is a 10 or 20 or even 50 bagger right there from current prices.
(here is why on the back of an envelope so to speak- if they can do 1 million dollar sale, i think people can guess maybe 10 million a year or more in revenue avg next three years - one sale being proof of concept and expecting accelerating sales - and make maybe 5 million in profit (cost of sales is 50% of revenue on balance sheet if i recall) at 10 x EPS multiple yields a 50 million valuation, 250 mill shares outstanding so .20 cents a share is a FIFTY BAGGER from .4 cents=($.004 recent share price) ! so at least a 1/5th of that is a 10 bagger)
just we dont know when that will happen
would you agree?
thanks either way for agreeing some patience may be needed, marab, somji, and dcsteve - who will be patient as long as he hears a least a peep
it is fatiguing to be trying to make this point at times when the only response is shrieking about how i must know what i am talking about because i said 10k instead of 10q and i must not know what i am talking about because i said currently board chatter does not make the stock price move (!UP i said!) but board chatter can make the stock price move down if it creates overly high expectations that are not met, so this indicates i am schizophrenic. geez louise.
hey MRTX give us a hint! big sale? buy out? royalties?
what is it you are expecting before the end of June?
why keep it a secret?
(well - to keep people's expectations from getting too high, just in case it is late... but we could know what it is and realize it might take a little longer than planned and not freak out)
if no one but you ever said it was going up soon
i wonder if you would feel the same way
if everyone else was just saying by the end of the year
as it is, it sounds like 11 million shares could hit the market in july in the unlikely event of total silence til then
that is what i am talking about when i say posts that create expectations could possibly cause the share price to go down if the expectations are not met
everyone expected good news back in jan feb marc
and there even WAS good news in march!!
but the stock price went down
i think it was because expectations were higher than the reality that was revealed. i would not like to see that repeated
even in a now news july, this stock has huge potential to appreciate and there is not a lot wrong with this company
they have some low debt, some revenue (200k last year was it? i dont remeber, and if they had to, tehy could trim their expenses to almost nothing, so there is not much reason to fear they will fold, and they have patents and a workign prodcut with two year payback in hot climates on a unit that costs 20k or so per installation, and that is a 5000 sq ft facilitiy or something
a big wallmart would be even more
when they have money, they can hire corporate responsibiility liasons and sell to the HQ corp responsibilty people instead of local engineers, which is perhaps what they are doing with the bansk and egineeers
those CR people have big budgets to toss out - they dont even always get anything but good PR back from their spending!
ah well. just in case the CEO is constrained by the board from responding to emails, i highly recommend you stay around past July anyway
i plan to hold til the end of the year at least
and that is even if it goes to 10 cents and beyond
don't talk yourself into believing this company will succeed quickly or not at all! it is quite likely that everyone involved in any way, including the potential buyers, will be surprised at how long it takes to get these big deals done!
but the product is excellent. sooner....or later!! it will succeed and i dont view lack of soon success as being a strong harbinger of never success, but rather just same-o - it takes a while.
once they sell one big order, it will get easier!!
hmm. re below - apparently ETRADE is screwing up!
they report on my main GDGI page that the bid is 137 million
but on the buy/sell order page they report 1.37 million
stupid ETRADE
.....
obsolete message below:
there is a bid up to buy the entire float!
everybody wanna sell 100% of their shares?
i doubt it!
but it is nice to know there is a buyer.
you can't put that order in unless you have the $$$
i have read that MMs put up bigger bids than the really want
to fill and have some kind of super fast electronically set up way to cut off the order before its filled
what do you mean by
"will not give up until July"?
i made a prediction that the stock price would soon fall to .003 to .004
just a week or so before it did
i said this was because the overly optimistic posts on the board would result in disappointment
this time, i am going to hesitantly predict that if people are disappointed, their disappointment will be tempered by heeding my exhortations to remain calm if all the positive near term predictions turn out to be as accurate as the last round of positive near term predictions, so if it falls on no news, i have some hope that it wont fall far
stick around and remain calm cause in the long term this is going to be a winner
maybe even in the short term!
who knows?
nobody!
i will amend that: EVERY prediction of time specific news moving the stock price made by the poster in question was wrong.
is that accurate?
did you make no such predictions?
if so, statement is accurate but pointless.
if not, that is what i was thinking about,
not that you hadnt been correct guessing when news would come
but that you were not correct about any time specific upward movement in the price of this stock ever
still, even if you were always wrong before, you could be right this time, and it is better to focus on the claim rather than the speaker
like i said, i hope you are right both that the news comes in a couple weeks and that the market reacts to the debt removal by bidding up the price. that would be excellent.
if it doesnt happen, i will be unsurprised and as optimistic as always about the long term prospects
the one thing that does pain me a little
is posters causing people to expect great things for this stock in the next two months as a sure thing
that might not happen, and i would rather not see the share price fall instead of continuing sideways til big news, just in case i break another surfboard and want to sell another 100k shares to fix it
i guess i will just have to surf a little more conservatively
my apologies. you are correct.
i notice that about your "windows of opportunity"
being a statement about possibility rather than certainty
and i applaud you for your clear thinking and communication
in that respect
sorry i forgot your success there,
and sorry, in the context of your current specific prediction of a positive reaction to the 10q, that you (claim) to normally eschew specific predcitions about what the news will be
well done sir
i hope you are as right about the reaction to the 10q as you were about the timing of the march news
thoughithink shortterm is uncertain, future is rosy for sure
this company has been right on the brink of making one sale or another for a while now, and the product has been endorsed by US EPA and Tulane U and Harvey Mudd, small but top tier (top 10 small) tech school and is priced with a two year payback.
neither that, or anything else that i have read here or elsewhere convinces me that there will be a deal before june
nor i am convinced that while we all know the levy debt is gone, other people who would buy do not and they will find out when the 10q comes out and buy and push the price up although i would be thrilled to apologize to Aman for doubting him and tell him how clever i think he is after all, i am not optimistic i will get that opportunity.
i am firmly convinced that some day there will be a sale and then there will be lots more sales and the stock will first go to over 10 cents and then proceed to 30 to 50 cents within a year of the first sale, which i suppose could be more than a year from now, but i think it is reasonable to hope for within the year
and possibly by the end of june, based on that guy who bet $36k and said big news before end of june
i guess they have that revenue from the consumer units trickling in all the time, so that might be enough to do the filings even if they did not get a sale or royalties yet
i bet you a cookie there is no 10q in mid may though.
i dont think anything about GDGI is generally know by the trading market
i think a TINY percentage of the trading market is aware that GDGI even exists at all
i would think that since there is very little information about it but what information there is, is pointed to from this board, that someone considering purchasing it might look at google and notice this board THE NUMBER ONE GOOGLE RESULT FOR GDGI and then maybe read this board and then they would know about the Levys
but as i said, i conceded that someone could be epically stuipd enough to not do that
still, i think it would be a minority of shareholders and people considering buying it that did not even bother to look at the very first google result
even though their are posters on this board who seriously call into question the overall reasoning abilities of investors
it is already confirmed by the SEC
what? people don't trust them?
they wont believe the SEC but a company's 10q is trustworthy?
that is old news. the stock should have gone up already (dammit), but everyone had baseless expectations of more better that were not met, so it did nothing. but anybody watching this has already seen the debt is gone.
isn't that so? and i dont think the 10q brings new eyes on its own does it?
does anyone have a theory about why the market did not react to levy debt news by increasing the price of GDGI other than my theory that everyone also had pre-existing high expectations that were not met?
i don't think the notion that the SEC is not a reliable source of information counts, and i cant believe someone is holding this stock or following it and did not either find the SEC thing themselves or see one of our many posts referring to it.
and if not, would everyone stop creating specific high expectations that might not be met?
whaddaya'll think odds of double before july1 are?
i am not so sure where i would put the odds of a significant increase (at least a double)before july 1.
maybe 50/50??
what do all y'all think?
i have to decide if i am gonna give up my rent controlled apartment
and whether i go to bali or montana for the next two months
yeah! but why limit it to the present perfect (which implies a past action). not only are these great prices to have bought at, these are great prices to buy at. sure everybody is out of cash, but cash is not necessarily the end of your liquidity. i am down to 1/4 of a kidney! Aman, did you have that garage sale? load up!
yeah! oversold! that i agree with.
the whole levy share dumping dilution and lack of anything positive sent this rocketing down from 10 cents to less than a cent.
now what is really different? the levys are out of the picture, the company has 2/3rds less debt, and they are (we might reasonably hope) coming ever closer to closing one or more of several huge (like million dollar) sales!!
so if anything, the company should be worth more than 5 cents (dilution adjusted price before) without any news other than what we already know
and a big sale should take us past 10 cents, and i would be completely surprised if the first sale did not goad the other two or four huge buyers into action, having waited for someone else to jump in first.
i plan to sell this year maybe 20% of holdings at over 10 cents, and the rest in steps at 20 30 40 cents a share by year end.
for over a decade, i have made over half my income on stocks starting with a stake of $15k.
i think everyone should remain calm and patient, realize nobody can predict the immediate future, but this is a company with a really good product at a great price with a huge potential demand and the CEO, while not a wall street shark by any means, is a shareholder-friendly honest and not overly greedy guy
and if you want to listen to people tell you they think they have already made a sale and the 10 q (NOT K!) is going to be great, well go ahead. prepare to read my post entitled "i told you so" when the 10q is not great and does not include news of a sale, and prepare to read it again when they announce a sale in july (after i have given up my apartment to avoid selling any of this stock. damn!) and shoot past 10 cents.
also do not allow your disappoint over the already got money hype to color your judgement. the 10q will not have information that should depress the share price, but unreasonable expectations could cause people to sell low.
not really my problem, cause i figure the $$ figures on the sale will take it where it should go pretty much regardless of where it starts, and a low price might even be a better starting place in the sense that when people see the multiple it has risen, they will pile on.
but maybe that is just stupid. i dont know from pennies. what do you think, A man?
nor is it a good idea to jump to positive conclusions due to wishful thinking. i am inexperienced in penny stocks as you say, and i concede that there is some possibility that timing the release of news of a sale to coincide with a tout would make them delay a statement, and that there is some chance that the 10 q will be positive and putting out all three, tout, 10q and, news release would possibly be better than putting out each one separately for incremental gains, although that does not seem certain to me at all.
i know that q is for quarterly and k is annual. i was not being careful. to seize on that to discredit my overall position constitutes very weak sauce, but i have come to expect such petty sniping from certain quarters.
i am not entirely inexperienced in these matters. i was in charge of data for 10 k compliance reporting at a bank that now has 6 billion in assets under management. i have also made over half my income from investing for more than a decade, starting out with a stake of only $15,000. it is true this is my first penny stock.
but i will eat all three of my hats if they have already made a sale and they are just not telling us about it because they think timing it to release with the 10q is better.
you may recall i was right every time i said we are not going to find out this week that they already made a sale and everyone who said that was going to happen was wrong.
now, maybe they made a sale and are in the process of writing a press release and paying a tout, but otherwise, i dont buy this notion that it is in the company's or the shareholders' interest to withhold news to tell it all at once.
as an investor i think i would respond to three incremental pieces of pretty big news about the same as getting it all at once, but i might not fully value it if i got it all at once. i think, although i am not sure, that it would affect me MORE if it came out one piece at a time, not less. but then i am not everyone, and i can't be sure of how i would respond.
it seems very likely to me that it is better to put out news, let the stock rise a little for a day or two on the faithful followers, and then tout. not that this supports your position or mine, because they could still be waiting to do 10k and a sale together, or two sales and 10k or whatever. but i would think a PR first and then tout a day later or so. but you have more experience and have seen how people do it.
do people PR and tout at the same moment? or does the PR come first, creating a base upward movement for tout readers to see and be excited by and rewarding the loyal and patient shareholders with an opportunity to buy before the tout?
yes! he has been quiet because nothing good has happened yet. good things will happen. when they do we will hear about them. please dont get everyone's hopes up about the 10k, because when it comes out (like a day before the deadline for falling into caveate emptor status maybe?) it will not have any good news other than the hugely good news that we already knew - the levy debt is going away. news that was eclipsed by everyone's disappointment that all the hype about how news of a sale was coming at that time turned out to be false, so that the price moved about zero on the news that the debt was cut by 2/3rds or more. let us not repeat that. let us not create expectations that will not be met. let us correctly recognize that we are agnostic, without knowledge, regarding what they have or dont have, but what we do know is: they have a reason to tell us if they have good news and they have not told us good news yet.
well i think if he wagered $36k on an endorsement or study moving this (hugely undervalued) stock when it already has EPA endorsement and Tulane and Harvey Mudd Endorsement and Ed Begley endorsement, he was wagering naively, but if he holds until the first (or think about where it will be on the third!) big sale, he will still do very well.
i am hoping his wager was based on the - to me - more likely seeming scenario where he believes he has specific knowledge of the likely closing date for a well confirmed sale is may or june. i am actually kind of counting on it a little more than i should. fingers crossed!
either way, i will still be holding millions of shares when the big sales eventually come, and i wont sell on the first sale.
GDGI!
good day to get in!