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Ummm..probably won't be in the running for "add this one to the stickies..."
Damn straight because that last financial filing, for what it was worth, does not, IMO, even justify the current stock price. What you are seeing today is a more clear-eyed comprehension, in terms of the PPS, of the state of the company, at least what can be accurately reported so far this year. All in my opinion.
Like I said peeps, if ya want to average down just wait for the 200 area around .0055-.006, it's coming.
I don't know but giving that report on pink sheets a once over I think the market may be being generous giving it its current premium. I mean read those numbers and justify an 8.5 million market cap. I know, I know, it's all about the 3rd and 4th quarters, etc. Well, the street wants to see the money, no more outlook, let's see the the results and I hope they're going to pull in that 5 million-plus like they said. All my opinion.
Yeah bottom line if they had robust revs and it was a no brainer but for now they aint got none of that cant even keep a PPS over a penny on what they do have. That kind of consideration is WAY down the line.
Please, no R/S's--they STINK no matter how they're spun and the perception to the street is horrific, again, no matter how much sense it makes to some people. How about reducing the O/S through returning stock to the treasury on a systematic basis and lowering the A/S at the same time. You want some bid support and ask thinning, that would be the ticket.
The co. is, seemingly, making progress, but the stock has become a joke in my opinion. That's about my only opinion for today.
Well, one positive element is that shareholder morale is, IMO, about as low as it's ever been, which is supposed to be a good place to buy. This has been a 40 day downtrend that hasn't been interrupted for more than a few lame up days. I fear that this will have a couple of brutal ugly days before the trend reverses but you never know with a sudden truly great PR. All my opinion.
I know you didn't ask me but all you'll have to do is have some patience. If the trend continues with no positive news, this will, IMO, hit the .0055-.006 (roughly the 200 SMA as it's currently trending) area within a couple of weeks. That should be the bottom but there are no guarantees. Don't think much that is commented here is having any real effect, it's just folks preserving their capital. All my opinion.
All we know is it will be in the 4th quarter. That was from the PR earlier this month. Probably a safe bet that it will be done at the latest mid-Dec. Hopefully we'll know 2 and 3Q by then.
If this trend continues it's looking more and more likely that this will hit the 200 SMA (which is a moving average so it will change) sometime in the next couple of weeks. By my rough calculation the 200 will be roughly around .0055-.006 when the PPS touches it (again, if this trend continues). My recommendation for average downers is to wait for a week or two and then give it a wack. Unless all hell breaks loose it should be pretty safe then. I didn't think I was going to make this post but I have to go by what the chart and the tape are telling me. All my opinion.
Potential new investors are simply not buying this as there are so many other movers out there. EXPH has totally lost its mojo or momo or whatever the hell it is but it's gone for now. What I fear is that these consolidation/lack of interest periods can end badly with a capitulation selloff that takes it down to an extreme support level. That's why it's important for JD to sniff the winds and get some finances posted ASAP. Do it as a priority for shareholders. All my opinion.
They may be less than stellar but they'll go a long way toward building up the credibility of the co. That may be worth a half cent gain all by itself.
Just FYI: Support per the chart is .0075 and .005. ABLE is advertising strong bid support at .008 but, as happened with him at .009, that will cave fairly easily with a few million shares of bidwacking. Not much you can really say here, the street is losing faith in this team like air slowly leaking out of a tire. Not that it's justified necessarily, but that's what's happening IMO.
Basically the street continues to be extremely unimpressed with Expo PRs of late. Not much more to it than that. And, as usual, if you want to get out of this thing, the merry crew of axxholes on the bid will continue to try to screw you. All my opinion.
Looks like ABLE has moved the floor to .008 thanks to the seller who just had to get out at any price today. Probably see it again mid-week. I hate it when a stock gets into a funk like this. There's just not a gd thing you can do about it short of blow-away news.
As far as I know Glenn Harrs is president of Expo. Perhaps this was a mistake or has something changed? Probably just a misprint but kind of a dumb one, need a good proofreader there.
As the guys in the big leagues are releasing Q3 this month, this is starting to just look bad not even having Q2 out yet. JD, get em out and give some kind of indication about Q3 and 4. Also having that stop sign go away on pink sheets will help too.
Pressure's really going to be on the stock this week. Patience is running out. That 25000 bid floor with ABLE is, IMO, going to get challenged if we don't get something soon. Folks will simply take a loss and move to plays that are moving, whether or not that is ultimately a good move or not as the potential here for .02 is fairly good I think. Just don't know when that'll occur. All my opinion.
I think it wouldn't be a bad idea for EVERYONE to not comment on any of their trades or trade strategies. We don't need to give these guys any more info than they can get for themselves.
Yeah I'm thinking the same thing except this time I fear another pop and drop if it doesn't have any meat. Maybe it's best to have NOTHING until there is actually SOMETHING w/numbers
to release.
If they're doing this in some sort of systematic way they should put out a PR. Investors LOVE that sort of development.
Well, here we are again in the low .009's. ABLE is again showing the floor with 25000 on the bid at .009. Would hate to see that seriously challenged and it probably won't be. Obviously we are in dire need of something to change this pattern.
OT Bentos: Re Shares
Here's a link that talks about specifically IDing shares:
http://www.fairmark.com/capgain/ident.htm
I think someone decided to not wait for 2Q financials, however they may pan out, and decided to vote with his feet. This is a critical time for this stock holding this level IMO. JD, somehow has to get the good feeling back here, the mojo, etc. We can't keep at this level much longer, it's got to make a move one way or another after the current consolidation.
I think even NITE and the rest of the crew are probably a bit surprised how this thing gets chased and dumped on PRs anymore.
However, favorable chart conditions exist and I think we'll see a gradual upswing this week regardless of this short-term volatility.
You don't see that very often, if at all, could be an EXPLOSIVE move coming very soon. Plus the MACD and Slow Stochastic moving up rapidly.
LFCM is an interesting firm
Currently filling on the outside ASK at .0094 right now, from their website they are in the business of "providing products and services to institutional and private banking clientele." I've only recently seen them showing up in place of the usual NITE or AUTO or PALC. Probably nothing significant but it might indicate some buying from institutions.
http://www.lhfg.net/
Only if it is a cash dividend. If it is simply a spinoff of restricted shares in ETC, for example, there wouldn't be any affect on the share accounting as far as I know.
Anything other than a cash dividend (and where would this cash come from and why wouldn't it be a better idea to keep it in the company?...) will, IMO, be perceived as a gimmick to attract traders and not a true attempt to give loyal shareholders a piece of the new pie. This idea, even if it's coming from a good place, should be abandoned and ETC should be a wholly owned/managed part of Expo Holdings and let what ever new monies coming in from it directly benefit the company and shareholders. I don't see how this new line of product and marketing implementation should not be completely a part of Expo. Don't muddy things up at this point, as investors want a single company with MAXIMIZED revenues from all products, be they standard display cabinets or the new ETC line of custom cabinetry. All my humble opinion.
Sure, if I'm around. IMO I wouldn't be too worried about hearing anything today; it'll probably end up even or down a couple 000's.
OK, thanks for clarification.
Wait a minute, is this just a technical issue or are they saying it's restricted from buying too?
Good day to buy as this is one of the lowest volume days, so far, that I have seen since the dead days of triple zeroes, May 09 and earlier.
.0092 x .0093 Current PPS .0092
Etrade now, along w/Scottrade is restricting buying? Geesh, that could explain some of this lack of interest. Sure, you can pick up a phone but how many will be bothered to. I wonder if this is another share issue.
It certainly is fitting the classic case of dwindling volume and bottoming chart.
Yes and my experience also tells me that traders are waiting for the next move from JD. They're just not going to pile in until we get an update of some kind or the long-awaited financials for Q2. Hopefully this has been a great place to accumulate or average down. IMHO.
We're overdue for a pop. Maybe this one will get the PPS over a penny and into bounce/recovery mode. GLTA.
ABLE seems to be providing a nice bottom for now on the bid with an advertised depth of 25000. When he decides enough is enough, if the selling continues, there's not much keeping this out of the 8's, if not today, tomorrow. Again, watch .0075, that will very hopefully not be breached because if it is, .005 is the next resistance.
This will be a triple from this PPS again, easily, once the news flow and MOMO returns.