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I'll take that bet. I bet you the SWVC market cap.
.0015 LOD, should see near .001 tomorrow and then bounce again early next week. Follow the RSI.
Always conduct your own DD before buying or selling a stock. Don't let others twist around your DD and make you think you are wrong. Trust your DD and T/A skills to make the right decision, this way if things go wrong the only person to blame is yourself. Use this as a learning tool and learn from your mistakes. Experience makes a trader better
LOL "my chart say this". Dude everytime you say that your charts shows a run coming, you are always wrong. Stop tryin to pump this POS
1B+ in float and under 1M traded thus far. No one wants to buy this POS and bag holders don't want to sell because they refuse to see the light.
NO Volume means no interest. How hard of a concept is that to grash. Sheeesh some ppl man.
Chart is far from being primed for a run. Under a million shares so far says one thing and one thing ONLY. That thing is INTEREST FADING and fading fast.
If chart was actually primed for a run then you would see higher volume, which would mean chartists are jumping in for hopes of a 25%+ flip.
"Say something you know they might attack you for."
There are know MM's that dilute massivly for companies.
You are right to worry about that one since the majority of those shares have yet to hit the O/S
Wrong. It is $1. Your thinking of the rule where no stock trading under $5 can be shorted
jpeps,
This is a penny stock and just like ALL other penny stocks, the Company will issue as many PRs as they can to raise the pps just so they can dilute more shares into the market to make money. 99% of penny stock CEOs are in the business to sell stock, not to grow their company.
The only potenial here is for a few quick flips. No big run dreams left here.
Posted by: jpeps Date: Wednesday, June 11, 2008 2:50:25 PM
In reply to: None Post # of 181027
Hey guys! I'm new to this board. Please can you tell me why with all the PRs SWVC has it stock price continues to decline?
What do you think will reverse the trend? This appears to have huge potential.
Hmmmm. A stock that trades under $1.00 is defined as a penny stock
Posted by: venegasra Date: Wednesday, December 05, 2007 11:38:03 AM
In reply to: DOAKES79 who wrote msg# 107540 Post # of 181024
STOP COMPARING SWVC WITH A PENNY STOCK!!!!
By the 50MA. Can you tell me the last time this stock has closed over its 50MA?
Been almost 8 months and that is a HUGE sign of a weak stock.
This stock we have to be extremly lucky to break even the 20MA which is weaker then the 50MA, but still a tough resistance point.
"Say something you know they might attack you for."
It is offical! As of today SWVC will never close above .004 without doing a R/S.
I agree lesson #3 is very hard to learn. Been there myself a couple of times. I kept tellin myself, "It will go back up. How much more could it go done." Man was I wrong.
"Some are going to receive the best "stock investing" education of their lives watching SWVC."
You are correct sir.
Possible learned lessons
1. When something looks to good to be true, it usually is.
2. How not to invest in penny stocks
3. When the ship start to sink, bail
4. Never believe what a penny CEO says
5. When a stock goes from .08 to .0019, that is a clear sign of a P&D.
I could go on forever. Been here done that.
"I know a scam when I see one. This ain't one."
You will see at @ the A/S increase and again @ the R/S. Don't worry because there are on the way. A/S increase by end of summer
Sorry I got all the help I did.
"Goodeye, maybe one of these days people will realize that those 322 million common shares that Tom S converted to 21,750 preferreds were the exact same 21,750 preferreds that KK had converted to 322 commons."
It is in black and white. I don't know how ppl are still refuting this.
"Say something you know they might attack you for."
Doesn't matter if it is guarentted. MAX LTV on any mortgage is 97.5% and that is a FHA.
"I bought a house recently at 100% of the LTV"
Not is these times buddy. I'm sorry but this is a false statement.
"Well, if Swartz took out a loan at 100% of the value, chances are there is still $540-548k owed on this $550k piece of property purchased Jan of 2007"
Jim I don't know of any mortgage company or bank that approves a loan at 100% LTV. That is risky business.
Yes it can and it will. 800M+ shares coming
From the estimation I look forward to Tom converting 2 more wisebuys before the end of the year.
Good Luck to TOm when finding the money to do that. Maybe he will isue more CDs, because that is what he is good at
"There's also a chance that Tom can hand over all his Es to commonholders."
Why would Tom decrease his ownership by converting it commons when his Es will never lose value?
How did Tom pay for the $11M merger with NCH? If you like just answer this one.
New CDs.
A/S increase is around the corner
I'm tired of ppl still believing that TS will come to the rescue and make everyone rich. What world do you ppl live in. Come on and get with it
Tom does not own any commons shares in the o/s. His 80% ownership is held in series E preferred shares. The famliy and friends own a compbined 15% help in a combination of preferred shares. (No one owns any comoon shares). That leaves 5% ownership left which is the amount of the 0/S.
All preferred shares are convertable
Here is some more information
I think your right. He is knowingly screwing the commons and caring about it at all.
Read the note because there is no renewal attached to this LoC. And on top of that, interest only applies to PERSONAL LOCS NOT BUSINESSES.
Believing in a penny CEO is like believing that man in the sketchy van actually has a bag full of candy for you.
I never said it was exact buddy so chillax. It was a rough estimate so please explain how a company with 0 cash can make the monthly payment, pay tom's ridiculous salary, employ 600 ppl, and expand all at the same time.
Gonna need to increase the A/S first
$5,000,00.00 - A maxed out LoC.
3yrs to pay bak - The term of the Note
7.25% APR - WF prime + 1.25%
$362,500 - YTD interest on a maxed out LOC
$1,087,500 - Amount of interest over three yrs.
$5,000,000 + $1,087,500 = $6,087,500 - The total amount due to WF
$6,087,500/36months = a Monthly payment of $169,097.22222
THERE IS NO WAY SWVC WILL BE ABLE TO PAY THAT
Crash I just run some math on the LOC for their monthly payment should the loan be maxed out.
There are no positive features here besides fluff PRs for a possible swing trade. I trade by the charts.
Clays 31? .0031 is the CHARTS resistance mark which I have been saying since that bottom support failed and then became resistance. There is a new resistance below .0031. The resistance is .003 which is the 20MA. PPS failed to climb above the 20MA on Tuesday which proves that it is a moderate resistance mark and will need heavy buyin to break through.
FYI The 20MA will continue to get lower by the day which shrinks the max length of a possible run.
Next bottom will be .0007 which is why I have my GTC @ .0008
Yes but still very much down from tuesdays gain. I feel bad for ppl who bought @ .003
"I have pretty good credit and my bank thinks I am good for prime - 1%"
Almost every bank gives there customers prime - 1.01%. You just have to borrow enough, usually $200G or more.
SWVC does not and will not have the money to pay this unless they liquidate the company.
As for the "I don't know any bank that would lend money to a bad business". This happens ALL the TIME. There are a lot of businesses that take on loans they can't afford and eventually go BK.
Weak hands leaving and Millions of news shares being added weekly. DILUTION. This stock has seen its day.
WF prime rate is 6%!!!! THAT IS OUTRAGOUS my banks and almost every other banks prime rate is 5% set by the Treasury Dept.