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That is a good point, y0, buying them back is the reccomended plan of action.
You certainly are keeping them on their toes!
haha, I thought it was clever
Good luck with this one, fivestar. The potential really does look huge, just a matter of time.
I guess that the ones who want to own it for the long-term are accumulating slowly. There are over 4000 shareholders, which is a big increase from 1800 earlier in the year. Flippers and DTers most likely all buy at similar times based on TA or news or hype. Many long-term shareholders buy whenever they find out about it and call their broker or place the order online. It happens on a more spread out basis I think.
Thanks for the input. It can be a strain on the nerves watching all of this day-to-day action, but at least it is a good way to try to pick up some information on the TA side of how stocks trade. I appreciate the efforts of everyone here in making their assesments.
So here is what I conclude in my research:
XTMS is a low floater, mother of all shorts, end of 504 dilution, company buyback, undervalued, exponential growth, name brand in a niche market stock play.
Did I leave anything out?
If only I had some extra cash somewhere I'd get in.
Hey Evil, do you see the 200DMA as a very strong support in your analysis? It seems pretty hard to think PPS could go much lower since so many of us will add to our positions if it does reach the 200dma range...
Sparta,
Stocks trade on a number of things, not just revenue. Market sentiment, current and projected future earnings and revenues all play a role and the result to determine PPS.
Here is a post I made a while ago about trading on multiples of revenue(sales):
Posted by: EquityHunter
In reply to: None Date:4/3/2007 9:04:07 PM
Post #of 65696
Just to make a quick point on what kind of PPS is possible given the current share structure of ETIM I did a couple of quick stock screens on yahoo to see what kind of price/sales ratios are possible. The screens searched for stocks with price/sales greater than x and no other criteria. It is limited to stocks traded on exchanges that are fully reporting, so no pinksheets are included.
I chose Price/Sales because it is the most simple quantification that can be used to value ETIM with what we know at this point.
Before showing the results, I will assume that ETIM will have sales of 5million to make comparisons. This estimate is higher than the company's original estimate, but still conservative given the high demand for current products and rollout of more products to come later in the year.
Price/Sales Ratio is the Market Cap divided by total sales for the last 12 months. I am using 2.8bill A/S to estimate market caps for ETIM.
For ETIM to have a price/sales of 10, the PPS would be $.0178.
For ETIM to have a price/sales of 20, the PPS would be $.0357.
For ETIM to have a price/sales of 50, the PPS would be $.0892.
For ETIM to have a price/sales of 100, the PPS would be $.178.
Now the reason I did the screen is to show how likely or possible these valuations are for the end of 2007 based on a $5mill sales figure and NO change in share structure.
There are 1288 stocks trading at a price/sales of 10 or higher.
There are 647 stocks trading at a price/sales of 20 or higher.
There are 360 stocks trading at a price/sales of 50 or higher.
There are 194 stocks trading at a price/sales of 100 or higher.
(It is important to note that the higher price/sales filter was set, the higher the ratio of OTCBB to Big Board stocks was.)
So basically, a stock, especially one trading OTC, can support a PPS that seems big compared to current sales as long as investors want to keep buying shares because they believe the company will grow.
I will also emphasize that the sales for 2007 can (and I think will) be much higher than the 5mill I used in these calculations. AND stock buyback of any kind also makes the PPS potential even more favorable.
Just some food for thought.
Cheers!
SBSH buying a lot at 45?
yep. now we just need some buying.
hopefully those 4 on 42 signal that is the bottom if it tries to go lower again today. we will see...
How does buying the ask at a spread of .005 x .0055 to close at .0055 help anyone sell at a higher price when they almost always open the next day at the same spread?
You are correct. No one KNOWS anything is coming in any investment in a publicly traded company. You analyze the possibilities and determine what actions to take based on your risk analysis and tolerance of such risk. We all do the same as well.
But what you consider "just a promise" others consider to be a likely occurrence.
So any individual could degrade another individual's assessment as BS, but neither is more of a guess than the other, and in that case it is ALL BS.
I have no idea, but just because a chart pattern occurs doesn't mean certain PPS behavior will follow.
We could "break-out" but then if I or any other big holders decided to unload, it wouldn't matter, the pps would come down. We could also have a chart pattern indicate a major dip, and then a huge buyer decides to start taking a position and the PPS goes up.
I think holding now is a good plan. Lots of good news should be coming for years to come. I don't even know how one could define a reasonable exit point from where we are trading right now and given the newness and goals of the company.
Higher than it is now. It is fair to assume that people want shares "cheaper" so they buy at bid or try lower. Everyone is in it for themselves so they do whatever they feel is best for them. We just have to live with that fact.
getting better...
I dig your optimism.
Cheers!
As in lots of selling and not enough buying. As in PPS dropping multiple ticks. As in my account balance dropping to levels where i'd rather it not.
Does not make me happy, but I will be rewarded by sitting through days like this in due time. You shall be too, dancy. I already have been, and it will happen again.
today is ugly!
Are you trying to get filled with big buys today? Are they chopping it up?
But couldn't they make money and create volume by moving it up as well?
That would be an altruistic gesture on their part which I wouldn't mind. Take it up to a couple of cents, I bet you'll get some action there you crazy MMs!
People are just impatient i guess. It would be unfortunate to be left behind chasing if some great news comes out, which could legitimately happen at any time...
Thanks to everyone for the replies about profit margin. I really think this price is a steal. I can only imagine wht the company could be worth a couple of years down the road. Now it looks like the only challenge is getting the PPS to actually reflect the business, and management does seem to be putting much effort into accomplishing that task.
-EH
I asked earlier but didn't get any reply yet, does anyone have a guess about what the profit margins per sale of each vehicle might be?
Thanks in advance.
And those who invested in ETIM during the dilution, who believed in the prospects of the company when it was in the .0006-.001 range are the ones who have been rewarded the most...
yeah, 005 is looking like good support so far. lets hope it stays that way...
I bet someone will sell to you if you put it at 55
caseytrader,
I have no knowledge about that site and their reports on stocks, but I do have knowledge about ETIM that information is not correct or useful.
Please don't base any of your decisions on what is reported there.
Cheers.
-EH
Newhampsha, that has a lot of incorrect information and I found to be useless in grading a determintaion to buy, hold or sell ETIM.
and I hear the truth will set you free, but first it will piss you off....
Yep, may take a couple days to flush those out of the system.
Thanks for your take. If we close below today, but close at 6 or higher tomorrow would that be considered a breakout by your estimate? The breakout line is getting lower each day...
Hey guys, I liked this morning's pr. I've been wathing XTMS for a couple months now and it seems way udervalued, the stock just got stuck in a downtrend.
Anyone know what the profit margins are? What would be a reasonable gues at earnings on a revenue of 100mil this year?
Thanks in advance and good luck to all.
Above 6 or a is at 6 okay for your breakout?
Thanks.
I agree, pete. Much to look forward to, very much.
Actually, there are enough shares held by people on this board to severely influence pps. Your day-to-day analysis could potentially cause one of those holders to sell off enough shares to do this.
Just wanted to be clear on that. You alone might not influence pps, but others here have the potential to...
I don't think that should prevent you from making your analysis. You do bring an alternative viewpoint at times and I appreciate it, but be aware of the effect it might have.
Cheers!
-eh
Qas, I like your take on the TA for ETIM. I do feel like the MMs are controlling it to keep the charts looking reasonable from that perspective. But we have also had pretty weak volume, which I feel allows them more control of the pps.
"Hope we have some change in luck, for this stock to run high."
I think there is a very good chance for ETIM to run high because of the potential for the long-term growth and success of the business. As this year's developments unfold, I see ETIM as an investment target for bigger players looking for a larger return than could be achieved with a NASDAQ-type stock. This wouldn't be a huge immediate pps run-up itself, but it could support the gradual increase and tie up some of the available shares in strong long-term hands. I don't think many pinksheet stocks have that potential, and adding that to the momentum driven trading that does exist on the pinks which could easily flood into ETIM with the right news (news that certainly is plausible based on EI's agenda) I think we have the foudation for that "change in luck"
But what good would it do ETIM to make "hollow promises"? They are not doing anything other than trying to run a start-up company, and I admit the process hasn't been painless, but their promises and projections are made in an attempt to be transparent and open with shareholders. They are working to gain respect, and have plans and goals. If they didn't have these then there would be no point in investing.
BTW, is this the type of PR you are talking about:
"Eternal Image Completes Sale of Stock under Rule 504 of Regulation D"
OK. Well you may very well be right on that.
I do think the CC left many disappointed because they expected something more and didn't get it. So that caused selling as much as anything. PPS will definitely fall if the AFs aren't released as promised, that is for sure. But if they do come, I don't see how there can be as much disappointment. Guess we just have to wait and see.
Good luck.
Thank you for your contribution, dancy. I am happy to have your knowledge, experiences, and insight and look forward to hearing more in the future.
Cheers to you as well.
-EH