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Americanbulls.com changed their page on AUGC. Doesn't mean much but I thought it was interesting since the page yesterday showed a long list of buys and sells that ranged from $100 intial buy that went to $2
Now it started 2 months ago and is now up 100%
Thought it was interesting and I've never seen that site start over with a stock.
I'm not happy today about my position in this POS.
What company gives it's first profit away?
The handle has turned up and is going to rocket soon! I look for the next week to be up everyday.
Here comes the run up to $1.00 and more.
Chart anyone?
Is anyone here short on AUGC?
No, so how can this be on the SHO list? I have found no way to short these types of stocks. If anyone knows how please tell.
How do you go from 1 Billion shares traded to 27 Million in a week?
MM's holding back for a reason. It's like a rubber band that is pulled as far as it can go. Then snap!
I have a feeling something is about to happen here today.
No volume usually means MM's don't know what to do. I say let's run it!
New website tomorrow?
Name change documents (8K) are filed to update the name of the shell so it matches the name of the acquiring company. A board of directors is then formed.
Reverse Mergers are generally structured so that corporate officers and insiders of the privately held company retain more than 80% of the outstanding stock. Once again, exchange requirements vary in order for the shell to be listed and anywhere from 5% to 20% of the outstanding stock needs to be publicly traded stock; meaning not in the hands of insiders and affiliates.
A shell that comes equipped with more than 300 shareholders is highly coveted due to the fact that it qualifies for trading on the NASDAQ Small Cap market or American Stock Exchange.
Impatience sucks! I bought GNBT back in January at .88 and I knew a run was coming based on the chart. I got tired of waiting, sold and it went to $4.50
Still kicking myself
Selling a stock to chase a stock is a huge mistake almost every time.
AUGC is going to move soon. I have put all my money into this and EXBX. 80% in AUGC
I believe a RM is coming with AUGC and EXBX is going to explode in October.
GL
Looking at the chart, and only the chart, I'd say it's about to swing upward. I've never seen a stock not go up once the 50MA is above the 100MA and both are above the 200MA.
Those Blue, Red, Green lines all turning upward is a beautiful thing. Look at USXP at the turn of it's run and you'll see what I mean.
Look at HANS for a real nice look.
http://stockcharts.com/h-sc/ui?s=HANS&p=D&yr=3&mn=0&dy=0&id=p61754450296
Also APPL
http://stockcharts.com/h-sc/ui?s=AAPL&p=D&yr=3&mn=0&dy=0&id=p61754450296
And a penny for ya QBID at the time it turned up and back down
http://stockcharts.com/h-sc/ui?s=QBID&p=D&st=2003-12-01&en=2005-01-01&id=p4087290579...
AUGC - Once the 50MA crosses over the 100MA this thing is off to the races. Looks to me like possibly next week. = .0009
But for a USXP kind of run, the 100MA has to be over the 200MA. When those planets all align, it will run hard.
If all things stay the same, that could happen in 45 days or so. Which would be around the end of October when the board meets again.
Who knows but the charts rarely lie.
Congrats to those who have made money on AWYB, but it seems no one is selling and with that kind of movement from a dead stop, the SEC is looking into it and more than likely it will halt trading.
I'm just nervous for those buying thinking it will go to .50
It's not going to! It most likely won't see .25
I predict a fall to day back to around .11
But good luck to all and to all a good night!
Am I the only one nervous for those just getting in on AWYB?
Today was good. Cup & Handle chart with a great handle forming.
Should make a move up very soon, IMO.
Warning to anyone in AWYB!
Don't get caught holding the bag when they freeze trading on this one. If you've made money today I'd take your profits and run.
Just my advice to all who think it's going to the moon.
I think soon we will have a run to .0005/6, then a pullback to .0004, then to .0009 for a pullback to .0006, then it's off to .001's/.002's and so on.
Once it hits the .002's, this will run past .004's
Every 80% run will have a 40% pullback.
This will only happen if they announce a RM like I think they will.
Just my opinion of course.
I had an order in since last Thursday and it partial filled since. But I got my shares I sold back plus a few to cover my loss. I've never been so convinced of a RM before. The PR's say it all, it's coming.
Don't be suprised if Friday they announce it.
I finally got refilled at .0002
Reverse Merger coming IMO
Reverse Merger coming for AUGC in my opinion.
Upon completion of the reverse merger, the name of the shell company is usually changed to the name of the private company. If the shell company has a trading symbol it is changed to reflect the name change. An information statement, called an 8-K, must be filed within 4 days of the closing. The 8-K describes the newly combined company, stock issued, information of new officers and directors, a full description of the business, and financial statements audited to US GAAP standards. The 8-K must disclose the same type of information that it would be required to provide in registering a class of securities under the Securities Exchange Act of 1934.
(See Sec Final Rule 33-8587, pdf file)
Reverse Merger: I'm convinced! I'm back in for more at .0002 if I can get them.
8-K coming next week remember!
Upon completion of the reverse merger, the name of the shell company is usually changed to the name of the private company. If the shell company has a trading symbol it is changed to reflect the name change. An information statement, called an 8-K, must be filed within 4 days of the closing. The 8-K describes the newly combined company, stock issued, information of new officers and directors, a full description of the business, and financial statements audited to US GAAP standards. The 8-K must disclose the same type of information that it would be required to provide in registering a class of securities under the Securities Exchange Act of 1934.
(See Sec Final Rule 33-8587, pdf file)
I hope and pray for a run like USXP, I'll be the first to buy back once this goes past .001
But you would get dilution with all the AUGC shares. USXP did the same with AMEX talk. It's about trading not investing.
The only way to meet the $3 share is reverse split.
You may have loved me most but you've been a bad boy this year. Sorry just a bag for you!
Just kidding I hope you get your millions$$$
I can't buy anymore til a real run starts cause of my loss. But I will if it takes off.
You never know with these stocks. Anything can happen and usually does.
Look at LFWK past pr's. See a resemblance?
Here are a couple Reverse Merger stocks that Stocklobster gave me. Look at the PR's they put out before they ran up and announced a RM.
Posted by: Stock Lobster
In reply to: kriskringle who wrote msg# 1421 Date: 8/29/2006 11:37:14 AM
Post #
Yes, two: FHAL and LFWK
Lot's! Read here, too much to speculate on a message board. But so far I've seen other companies release the same type of PR's as AUGC has lately, then comes the RM news and the thing explodes. Usually all positive for short term gains.
http://www.ipo-merge.com/reverse.html
Reverse Merger setting up IMO. Now I'm watching closer.
I'm not a basher. I'm a stockholder and I hope this company can deliver on what I feel is a promising new technology.
Good luck to all and to all a good night
No just watching if it goes to .0001 I may buy some.
No one
Don't be bringing up my old posts without my consent thank you.
We'll see what will happen here at the end of October.
KK
I've decided to go sour on this one. Sold for a 33% loss today.
Sorry fellas, it's not happening.