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Tha gap was filled with a wick the next day. I gotta get out of here too. Have a great weekend !
Cat - we had the same disussion on ETIM - notice the gap on Feb 23-24 was only filled by a tail and not a full-bodied candle. A few people sat out waiting for the gap between .0017 and .0018 to fill completely and it never did. Doubt seriously now it will ever fill, and doubt its importance at all now. As you say, it is the circumstances involved.
http://www.investorshub.com/boards/read_msg.asp?message_id=17454475
I would be concerned if a whole year went by and nothing . . . this is one you just have to stick on the shelf and let events take care of themselves, sooner or later.
Well actually its not the CEO himself, but he pays his consultants and their expenses, and other expenses with shares. These people are dumping the shares for their paychecks. You can find all this stuff in the filings. They aren't trying to hide anything, they are doing all this in broad daylight.
I don't know. What I see happening in some of the convenience stores is Slammers being replaced by Nestle Nesquik products. Has anyone who tried both comment on the difference between the two ? There are 9 different flavors of Nesquik. I have enjoyed the few Slammers I have had but still have to try a Nesquik. There is only so much room on the shelves or in the cooler for flavored milk.
Whoo !! Some people have more money than they got brains !
Taki, part of the problem is the dollar keeps falling, now at record lows against the Euro, I believe. That has got to be throwing a monkey wrench in things. So in terms of dollars vs. diamonds, the price has got to be going up up up.
Saw another 50M share bidwhack at .0001 today. Looked like it was absorbed pretty well, which means he might be able to do that for 20 trading sessions in a row before he runs through the billion share S8. Then will see if he issues another S8.
I guess it depends on their business plan - while they might not care about PPS as such, IMO their business plan will dictate certain actions be taken and PPS will follow. In fact, it already has. Will there me more developments that will affect the PPS ? I believe so - can the PPS drop in the meantime ? Sure. Do you and I really care ?
Remember the Danskin CEO stated that the recent action was taken for the benefit of shareholders. And the existing shareholders at the time are still up about 400%. Does that mean its the end of the story ? I don't think so, but IT COULD BE. thesource, are you prepared for that eventuality ?
If you were that convinced it would dribble lower you would sell your .15's now.
Willy could be in the ballpark here. No doubt in my mind that the details have been worked behind the scenes for some time and preparations are in an advanced state.
Joey may have crossed the line into blackmail with his last press release. At this point it may be worthwhile to contact the Attorney General in the state where you reside. The United States DOJ could get involved here too.
Nice parting shot, Rivet30. Good luck.
MJ puts me up in a penthouse suite for a month and I'll call it even.
See the problem Joey is creating is all the bidwhacking shares he is selling at .0001 are being bought up and put up for sale at .0002, creating a cellular box. Joey has to compete with everyone and their cat selling at .0002, and he can't sell fast enough so he bidwhacks more at .0001 Now he is getting smarter, bidwhacking only 50-100 million at a time, trying to make it last. But I still predict he will run out of .0001 buyers and in time, exhaust the bid. He did buy himself a few more weeks though by milking it a little. That little coniving, scheming brain of his always working, I tell ya.
Could be, though we need to hear good things from the company about whats happening too.
There was a gap between the close of .05 the day of the (latest) crash and .057 the next days open. Some chartists will insist that the gap to .05 needs to be filled, so there might be some buy orders sitting at or near there in case that happens. I am not a hard core believer in that philospohy but IMO this stands at least a 50-50 chance of it testing .05 again. BWTFDIK
Yep. You can probably place a buy at .09 and let whoever bidwhack their shares to you.
It is, really. Who knows, maybe MJ has been saving all the dilution money he has accumulated and will buy the $31 millon hotel in China outright . . . (pump attempt)
Oh thats so cool - I'm so happy for him.
Wow so MJ won a free full expense paid trip to China ?? kewwwwwwlllllll
The recent quick dip to the mid .04's and subsequent recovery on decent volume tripped some technical trading alarms and that brought a few of the momentum crowd over here IMO.
That makes sense. There is undoubtedly lots of movement behind the scenes right now. Iconix website is still referencing Danskin's website for their products for example, so obviously lots remains to be done before the transition is complete. The investment conference is big. Confidence is growing.
Soooo . . . they are really building a golf course up there ? No?
Some are seeing this go all the way to testing the .05 gap. Will see.
It will be interesting just how much disclosure we get, and how much we need. Hoping for the best for everyone here, I am still on the sidelines after all this time but now with a very itchy trigger finger.
IMO, PBLS will not change their 'non-reporting' status and will be listed with a red stop sign on the Pinksheets beginning on or near May 1. Any comment from the company in this regard could be something on the order of - "the audit which has been in progress is continuing but as of yet no timetable for completion can be established. There are a number of contigencies that must be addressed, and Phoenix appreciates the continued patience and understanding of our loyal shareholder base in this matter."
The May 15 date IMO will pass in dead silence.
Amazing who is trying to pass themsevles off as brokers. At least they will admit openly that they cannot perform their job as advertised.
Even so, prepaid royalties are an asset in this scenario. It still illustrates how good this deal could be once everything get settled. Don't want to get too far ahead of ourselves yet but we need to continue to explore and bring to light just what we have here.
In good time. With insiders holding such a large percentage of shares outstanding, my confidence is growing what we will see these things get done. But not necessarily on anyones but their agenda.
Yep that would change this investment from simply a trade to a long term cash cow dividend play, if things really do work out well. This would take a little time, but it would change the type of investor here. The type with deeper pockets and longer time horizons. Interesting.
Wow that would be a big dividend, if Danskin would get a performance bonus down the road. Based on just that we should see $2 anyway.
One thing that would wake this thing up is a surprise dividend down the road based on performance of Danksin under Iconix. What was that $15 million payment, and an additional $7.5 million going straight to the bottom line ? Payable perhaps as a dividend to all shareholders, with insiders holding 80%
Thats a dividend of between 20 to 30 cents a share.
Could be, I think a lot of the 'fast' money is already gone and will jump back in when they hear of new developments. Who is holding now is more of the slower, more patient swingtrader. One who doesn't mind holding 2-3 months or better, one who understands sometimes things in business take time. But we could see some attrition as time goes on and nothing is heard, with the slower accumulating players taking on shares. Got another situation like this with AMEP though it trades on a little more volume and it ranges a bit.
Not the MM's necessarily playing this they are just reflecting outstanding buy/sell orders. There are probably others between the current b/a as well that they aren't showing. The MM's probably don't know squat about whats going on and care even less.
Maybe so, but the bid keep inching up. I wonder why.
Sounds like these guys could go pink with a yield sign with minimal effort, which suits their style.
FWIW - AMEP has hit Gold Rush status grade A - from another board
http://www.investorshub.com/boards/read_msg.asp?message_id=19005673
So they threaten to r/s unless you keep buying, then when everyone can't buy anymore they whack the bid out of existence then flush everybody down the toilet. That's Joey !!
What will happen is they will keep whacking the .0001's until everyone is tapped out then they will r/s. At this point I would just wait for the r/s. Dead money anyway.