Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.
Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.
Have a great weekend!
Give Dan a call and check on it and report back. I have a busy day, but my guess is that it along with many others are getting bumped due to the election coverage.
Excellent Beatles/Fuego Article
Media Credit: Illustration By Shayna Blumenthal // Hurricane Staff
After more than four decades, an unheard recording of The Beatles has resurfaced, oddly enough, right here in the Sunshine State.
Recorded in 1962 at the Star Club in Germany, the album features the band playing with Ringo Starr for the first time because drummer Pete Best, who preceded Starr, was unable to perform that night.
Jeffrey Collins, a British music producer and promoter who owns the rights to the recording, has had the music in his possession since 1964 when a DJ that Collins booked for the Star Club passed the recording on to him.
"It starts off with only 20 or 30 people in attendance," Collins said. "The guys are fooling around… you can hear on the first track Paul McCartney tuning his guitar."
Collins, who is the CEO of Echo-Vista Entertainment, said that the performance is a "very intimate show," and one can even hear the members of the band chatting between tracks.
Collins said the 40-year delay in releasing the tracks was due to the poor quality of the recording, finally fixed by modern digital remastering. The album does not yet have a release date due to copyright issues that are being worked out with Apple Corps Ltd., a company that represents The Beatles music worldwide.
Nevertheless, Collins hopes to release the album in the "very near future." Even with the legal issues, he said that Echo-Fuego Entertainment, a joint venture between Echo-Vista and Miami-based Fuego Entertainment, owns all publishing rights to this recording. The tentative title for the album is Jamming with the Beatles, 1962, but it is still in the works.
Collins said what makes the album so precious is that "you can actually feel the energy. There was something happening when they played." He pointed out that this marked the beginning of the "British invasion," which started numerous changes and innovations, musical and otherwise.
Jamming will definitely be a once-in-a-lifetime opportunity for a younger generation who never quite experienced The Beatles live and at their prime. The Beatles certainly paved the way for every musician to expand their horizons, break molds and meanwhile maintain a certain social responsibility. By internalizing their lyrics, their energy and their essence, fans can see how their music can truly change the world.
Just when the world assumed they had heard, and memorized, all The Beatles had to offer, this release should bring back the feeling of hearing a Beatles track for the very first time.
For more information about Echo-Vista or Fuego Entertainment, visit www.myspace.com/echovista or www.fuegoentertainment.net.
Original Article: http://media.www.thehurricaneonline.com/media/storage/paper479/news/2008/01/31/Edge/Miami.Indie.Label.Plans.To.Release.Unheard.Beatles.Live.Album-3180442.shtml
Chart shaping up nicely!
.45s getting hit. Thats what we need is more buyers for the long term that are not bothered by the spread because they have no intentions of dumping on a whim.
Somebody snagged some more .30's. Guess our ETrade seller aint done yet. Someone is obviously evidently hurting for some cash, because anyone with this many shares is well informed about the company's future...
If your trying for .30's and not getting them, might wanna bump up to .31 and break out of the pack.
Your partial will only maintain representation if it is still an order over 5,000 shares. At 4,999 it no longer shows even though it is still active and sitting there ready to be filled.
Gonna add one more element. What if you place a buy order with 15,000 shares on the bid at .30, but do so with the "all or none" fill requirement. Well the guy that tries to sell you 3,000 shares is not gonna get his order matched with yours. He wont get filled until he can offer you the full 15,000 order or there are enough partials to stack and get the 15,000 you are asking for.
All this stuff may look like there is some underlying tone of deception when our orders dont go thru just as we expect, but it really is more likely that there is a lot going on behind the scenes that we just cant see on Level 2.
At market close, many MMs including ETRD drop off of Level 2 and come back online at market open.
Keep in mind that a large volume of retail trading goes thru Etrade right now so your competing with other retail customers. If a buyer/seller is ahead of you with an order less than 5,000 shares they will not show up on the box. They may actually be bidding higher or sitiing lower on the ask than you.
Also, Penson clearing will route orders from a multitude of brokers in an unsolicited fashion per request. By their discretion, traders can route orders so that you have no friggen idea their order is even in the que.
Wanna drive yourself crazy, think of Level 2 as a transparent and an even playing field for less than professional traders. It's all smoke and mirrors.
When Etrade does not represent you with over 5,000 shares you need to call them and tell the MM to get his ass in gear.
You are absolutely 100% correct!
Revenues are about to explode and we should see the early stages of Fuego's evolution in the next set of filings due sometime in March or April. It's gonna be interesting to see how we trade with such a dramatic increases. If the trading does not improve I have every bit of confidence that Hugo has the resources to address the liquidity issues.
It's just a matter of time guys. Fuego's survival is not at all predicated on the trading of it's stock. The company is growing at a dramatic rate regardless of how the stock trades. I'm a long term shareholder to the point that I really don't worry about the liquidity issues we have today. It's frustrating, but we all know that the market reacts to revenue and profits, even at the microcap level.
Fuego's revenue for 2007 was just over $100,000. My estimates are that 2008 will generate north of 5 million in revenue at a very health profit margin. Thats an increase in revenue of 50x. We are trading based on last years numbers and the future has not been priced in. Sterling where are you when I need ya bud?
My best advice is to flip your penny plays this week and next, but hold a few dollars back for a long term play in FUGO and camp out on the bid to collect some cheap shares. When the market wakes up and realizes whats going on here these prices will be history.
We may still have liquidity issues down the road, but your not gonna be complaining too much if your comfortably holding shares you bought in this range and the bid is well over a dollar.
Squeegee
It will be a while before the release. As a Fuego Plus member you will get first shot at the release and you can listen to the tracks as they are posted for members. These are the recordings before being remastered so you can hear them in close to their original state.
www.fuegoentertainment.net
Good finds!
The Today Show will be recorded and posted front and center at the web site.
I worked for 2 months getting that Yahoo board up. All the posters are us under our Yahoo handles. Im Chrisinbama2002. Please use the board, we need the activity over there.
I only wish my sword wielded that much power, but thanks for the consideration all the same.
Did you not hear me... I said nice trade dude, lighten up!
Why so sour? Nice trade
Tops are typically marked by a volume extreme with little movement. We called the top in our room at 18.69 for the first time since we found it 5 days ago. Better bone up on your technicals...
Anyone short on this POS? Historical high volume and it traded flat for almost 2 hours... The top was a no brainer!
Its kind of like debating what came first... the chicken or the egg.
Liquidity is probably only going to be fixed with much higher valuation to encourage a large volume of shares to be exchanged or a forward split. As a long term investor with no need to liquidate... earnings work fine for me.
Still on the schedule. They just did not have time to edit it in time for last Saturday. Political races taking priority, but very soon.
When earnings come into the picture it will catch a gear.
Climbing Everest is done one step at a time...
Touche'
Without Google, who's quotes are these?
“The investor of today does not profit from yesterday's growth.”
“Risk comes from not knowing what you're doing.”
“If a business does well, the stock eventually follows.”
“There seems to be some perverse human characteristic that likes to make easy things difficult.”
“Our favourite holding period is forever.”
“A public-opinion poll is no substitute for thought.”
“It's far better to buy a wonderful company at a fair price than a fair company at a wonderful price.”
“Look at market fluctuations as your friend rather than your enemy; profit from folly rather than participate in it.”
“We believe that according the name "investors" to institutions that trade actively is like calling someone who repeatedly engages in one-night stands a "romantic”
“Only buy something that you'd be perfectly happy to hold if the market shut down for 10 years.”
“Time is the friend of the wonderful company, the enemy of the mediocre.”
Get on over to the Yahoo board and show your support!
I like IHub better too for its format, but Yahoo has an audience that is hundreds of times larger and more powerful than IHub. Even though only a small ratio of people post on Yahoo, there is an enormous group of people who read those boards to see what the market sentiment is for a particular stock.
IHub is primarily a finite group of penny flippers who all know each other. Truthfully, penny flippers are not interested in a stock like FUGO because it will never be "Pumped" like most penny stocks. This is a real company and not a printing press for shares. Its also hard for a penny flipper to make that paradigm shift to being an "Investor."
Harley, Thinman and I both talk to Dan almost daily. He is very accommodating and I am sure he's not trying to avoid you. He does prefer to use the phone to speak with investors and likely has more emails coming in than he can handle. If Thinman or I can be of any assistance, please dont hesitate to ask.
Remember that the company does not have control over their share price. That is a systematic display of market conditions and shareholder enthusiasm. None of us would have ever thought that .25s would cross the tape ever again, but that it not uncommon in such a thinly traded stock. All it took was one seller to exit and the stock tumbled. Thats life in the fast lane and the defense in a situation is knowledge/confidence in your investment. Emotions thrive in uncertainty. I was a buying fool at the bottom of the chart a few months back while only 6 months earlier I was holding shares that I were worth well over 1 dollar. If I had the money and it did not conflict with the financial limits I've set for myself, I'd be buying the snot out of FUGO under .50!
This is not necessarily a "tradable" stock at this point in its life cycle. This is a stock that you invest in and accumulate because your research shows that in the next 2 years the company is capable of generating up to 3 million in revenues per quarter and in 5 years could be anyones guess how high or where Hugo could take us. The 1st quarter revenues for 2008 will be greater than the entire last 2 years!
Look beyond the trees and see the forest....
About friggen time! I flooded them with reasons for a board last week.
Welcome aboard. Tune in to the Today show tomorrow (Saturday) for an interview with one of the company executives about the Beatles and Hendrix tapes.
I think it was ETrade selling the 100k plus shares they might have had in inventory from last year. Remember the Russian kid who manipulated a hand full of thinly traded stocks stocks thru hacked broker accounts? Those shares may just now be hitting the market. If so, by my count.. today was probably the end of the fiasco!
Big dump made today. Sometimes that marks the end of someone's sell off. Dont miss Jeffrey on the Today show on Saturday.
That should be it... the seller exiting at .25 must have been operating on emotion. This is the buy signal, not freak out time. Emotions are an investor's worst enemy!
Fuego Entertainment Responds to Experience Hendrix LLC Allegations
On January 15, 2008 Experience Hendrix LLC issued a press release claiming Fuego Entertainment and its majority owned Echo-Fuego Music Group, LLC had acquired a "collection of inferior quality bootleg recordings" of over 200 live performance tracks of legendary musician and performer Jimi Hendrix. Fuego Entertainment and Echo-Fuego Music Group dismiss these allegations. Prior to the formation of the joint venture Echo-Fuego, Echo-Vista Music Group, LLC acquired the rights to the over 200 Jimi Hendrix live performance music tracks. Experience Hendrix has known for some time that Echo-Vista Music Group had acquired the legal rights to market, promote, sale and distribute these wonderful and historic recording by Jimi Hendrix in North America. Fuego Entertainment, Inc. and Echo-Fuego Music Group have the historical and legal documentation proving it has the rights to substantiate our claim.
As to the allegations by Experience Hendrix of these recording being inferior copies of Hendrix music, we invite Hendrix fans around the world to visit our website www.fuegoentertainment.net and listen to clips and full tracks of some of these recordings. It is our belief that Jimi Hendrix fans will be thrilled to have this unique opportunity.
| You may remove your email address from any future announcements from
Fuego Entertainment by sending an email to: unsubscribe@fuegoentertainment.net
What a friggen deal... 2 years from now these .35 shares are going to be so nice!
Yahoo Message Board
Time for another round of requests. GBDX.pk got a board and we did not. That sux.
http://feedback.help.yahoo.com/feedback.php?.src=FINANCE&.done=http://finance.yahoo.com
Just wait... the spreading of the news is about accelerate at an amazing pace. Jeffrey Collins will be appearing on the Today Show, hopefully tomorrow and he is lined up for Good Morning America also.
The fun has not even started yet!
New Chart
This market is a mess....
Agreed 110%
Investor Relations Contact:
Dan York
phone (214) 675-2531
email ir@fuegoentertainment.net
Your killing me here...