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.
CYSG has a large number of outstanding shares 490,889,000 and no news :(
WTVI could be a multi bagger, from yahoo finance :WTVI Shares Outstanding: 25.68M Float: 17.54M
but i can't understand if the float is low and the bottom was a few days ago at approx 0.0014 who is selling?
so far over 137M shares traded, over 8 times the float and the price does not reflect much of a multi bagger
UDTT.how many outstanding shares and float does UDTT have?
yahoo states on UDTT Shares Outstanding: 426.56M
Float: 426.52M
is this correct?
ECN fees are a killer, interactive brokers seem to charge them but i am not sure, if one is trading penny stocks then the volume bought can kill the account gains
Etrade, Ameritrade, scotrade have a one fee no matter what the number of shares
what is the float and outstanding shares on UDTT?
Choose one stock and stick with it
too many split here between CYSG, WTVI and UDTT :(
how can a stock be a multi bagger if the $ are split between many stocks
yesterday was sweet cause many just poured money into solely into IVGR
This could run to 0.010 with some news
$0.006 next support
Irishbull can move stocks :D
ONGO usually pops up after some new contract news, only to fall down in the next few days :(
CBPC a good play but its down today :(
$0.105 (-12.50%) vol 1,030,952
the G stocks have taken the limelight this week, nothing else is moving much
Why will it break 0.01 and freefall?
because many have bought at around 0.016 today, once it begins to decline, people who thought of a bounce will try to outsell the others, whoever sells first will be luckier then the ones holding it
:(
don't hate me 'cause this is the way penny stocks behave
lmao @ xyz1002 who said "This could get past $1-$2..here is the analysis"
though many condolences to those that are loosing money :(
xyz1002, GSCR is going lower, it will break 0.01 and freefall down to around 0.006
The worst is yet to come, once it breaks down 0.013, then its freefall :(
Support @ 0.006
streaming small cap news http://www.mn1.com/
TUBR posted me a spam brochure in the mail , saying how they will be the next youtube yada yada yada
does not matter what GSCR owns as after the reverse merger, GSCR will have nothing from its past business, GSCT will get to keep everything
Seaway Capital, a growth equity and leveraged buyout company, has agreed to assume up to $1.2 million in GSCR's legacy debt, and GreenShift shall retain its current assets by transferring GS Carbon's current investments, intellectual properties and R&D operating subsidiaries to GS CleanTech Corporation .
chingy21 said "I get no respect !!! 6.5 cent close !! lol"
close at what?
for those that bought this stock above 3cents, i can feel your pain from previous stocks i have bought
peace
Valuation at 4 cents and many others on this board bashed me
what i was trying to do was to save the pain as many have bought above 0.033 and now they are bagholders
others will tell you dont sell now, but the damage has already been done
ok now..are the bagholders loaded up?
now its a sell situation, who will outsell the other as fast as possible?
get ready to cry :(
4 cents fair valuation, other then that i dont know who has deep pockets to support this and the time to stick with this
4cents Valuation, with Walmart reference, since Walmart ended the last quarter 30April'07 with sales of $86,410,000,000 and the net income was at $2,826,000,000, thus the percentage net income stands at 3%
if wisebuys has sales of 30million a year, at 3% net income that would translate to close to $1million in net income, then $1million in earnings/421,000,000shares=$0.0023 earnings/share for Wisebuys (future GSCR)
If Walmart has a PE of 17, thus we expect Wisebuys (future GSCR) to have a price of $0.039, close to 4cents
BUT Wisebuys(future GSCR) is no Walmart
If Walmart opens a store near Wisebuys, then expect a valuation of $0.00001
GSCR, the shell to which Wisebuys will reverse merge into
GSCT is not a play and far riskier to trade then GSCR
pinto, i do believe in momentun, as momentum has an upside as well as a downside ;)
Wisebuys does not have the captial to support the over inflated price for long, at 80 million shares float at even 50 cents, that translates to $40 million which wisebuys does not have, even at 10cents, wisebuys needs to have $8million to support this at 10cents, we all know that wisebuys does not have $8miillion in cash, hell they need to cash to expand their stores
once the hedge funds get in and short it, that will be a sad day for the bagholders
xyz could be right, if seaway capital are buying the shares of GFCR on the open market, then the price can go higher, beyond any valuation
but they are not worth 0.50 per share with a valuation of over $200 million for a company with 5 stores in the boondocks, where jobs are few, people earn peanuts and spend even less, more and more people are using the internet to but hard to find items
the key to profits in retailing is volume which wisebuys will never have, why did ames close down in the boondocks?
GSCR will be a good candidate for shorting after a certain price peak, cause the price can not be supported as people will not have the patience to hold this stock for years for wisebuys to expand into more stores, so the price will fall
Pray that Walmart does not open a store near to Wisebuys :D
4cents, i aint a basher, the valuation is still at 4 cents, hell the stock closed at $0.024, another $0.016 more to go
gain of 66% is still good
chingy you need to take a chill pill
no need to write in caps, i do hope you are not the bagholder next week :D
chingy i noticed your id was created today, why not post with your original id, why are you hiding your intentions?
you state 40-50 stores but the PR is 30-40 stores
let us not get too excited
4Cents valuation as of right now with what they have, the potential of future stores is all talk
but we all know there will be many unhappy people who will hold shares of this stock, praying that Wisebuys opens the 6th store
they shall be marrried to this stock
i have seen it to i guess with sales revenue, but it means nothing without assets in the bank but i am certain that there will be bagholders of this stock :(
Impossible to expand to 120 stores, Walmart is expanding and will crush Wisebuys
120 Million is all hype and all Pumper action, once the players know its time to sell, they will and as usual we will see a peak like chart, the lucky ones will have sold whilst others will be the baggers
its revenues "WiseBuys has generated store revenues of over $35 million since November 2003"
http://www.gs-cleantech.com/news.php?id=67
http://www.seawaycapital.com/about.php
many will pay over 4cents next week, then wonder why the stock will have tanked :(
GSCR Valuation 4cents, with Walmart reference, since Walmart ended the last quarter 30April'07 with sales of $86,410,000,000 and the net income was at $2,826,000,000, thus the percentage net income stands at 3%
if wisebuys has sales of 30million a year, at 3% net income that would translate to close to $1million in net income, then $1million in earnings/421,000,000shares=$0.0023 earnings/share for Wisebuys (future GSCR)
If Walmart has a PE of 17, thus we expect Wisebuys (future GSCR) to have a price of $0.039, close to 4cents
BUT Wisebuys(future GSCR) is no Walmart
If Walmart opens a store near Wisebuys, then expect a valuation of $0.00001
Read the GSCR board for what is happening to GSCR in the reverse merger with Wisebuys
4 Cents valuation , see my previous post
4cents Valuation, with Walmart reference, since Walmart ended the last quarter 30April'07 with sales of $86,410,000,000 and the net income was at $2,826,000,000, thus the percentage net income stands at 3%
if wisebuys has sales of 30million a year, at 3% net income that would translate to close to $1million in net income, then $1million in earnings/421,000,000shares=$0.0023 earnings/share for Wisebuys (future GSCR)
If Walmart has a PE of 17, thus we expect Wisebuys (future GSCR) to have a price of $0.039, close to 4cents
BUT Wisebuys(future GSCR) is no Walmart
If Walmart opens a store near Wisebuys, then expect a valuation of $0.00001
Upon the closing of the transaction, Seaway intends to merge into GSCR several of its holdings, including that of WiseBuys Stores, Inc., ("WiseBuys") a big box retail chain it founded in 2003 with former Ames Chairman and CEO, Joe Ettore, and former BJ Wholesale executive, Joe LaChausse. WiseBuys currently has five (5) locations representing approximately 230,000 square feet, and it has partnered with other retailers such as Payless ShoeSource, Inc. and KB Toys to expand rapidly in rural markets in primarily former Ames locations. WiseBuys has generated store revenues of over $35 million since November 2003, and, after a brief pause, is now aggressively seeking growth through acquisitions and new store development.
WiseBuys' goal is to add another 30-40 stores over a three year period and achieve annual revenues of about $120 million. Joe LaChausse, WiseBuys' CEO stated, "We feel this critical mass is attainable given the current supply of relatively low cost retail space in rural America. Our initial geographic presence with be New York, Pennsylvania, Vermont, Massachusetts, and Connecticut." WiseBuys' current stores - all in New York State - include Canton, Gouverneur, Hamilton, Pulaski, and Tupper Lake.
This reverse acquisition, which is subject to completion of an audit of WiseBuys and is expected to close in June 2007, would have the effect of transferring GreenShift's majority stake in GS Carbon to Seaway Capital, which is seeking additional investments in media, business services, manufacturing, and technology companies.
GreenShift Chairman and CEO, Kevin Kreisler, added "One of the goals of our planned reorganization is to reduce overhead while we simplify and rationalize our corporate structure. We feel that transferring ownership of GS Carbon's current holdings to GS CleanTech and then assisting GS Carbon in its completion of a material acquisition away from GreenShift helps to accomplish this goal in a way that enhances shareholder value for GreenShift's, GS Carbon's and GS CleanTech's shareholders. Seaway has an experienced management team with a track record for finding and cultivating successful investments and creating value for its shareholders, and we feel that their planned WiseBuys transaction and strategy moving forward have great potential."
http://www.gs-cleantech.com/news.php?id=67
Requirements prior to entering into a reverse merger are the following:
A Private Company will require approval of its stockholders for a merger with a public corporation
Once a company is taken public through a reverse merger the financial markets hold the following future prospects in the capital markets for the new Public Company:
The market value of a Public Company is often substantially higher than a Private Company with the same structure in the same industry
Capital is easier to raise for public companies because the stock has market value and can be traded
The public trading price of the Public Company's securities serves as a benchmark for the offer price of a subsequent public or private securities offering
Acquisitions can be made with stock since publicly traded stock is viewed as currency for mergers and acquisitions
Stock can be issued for officers, directors and consultants
If the stock distribution has included warrants, the new company can receive proceeds from the exercise of those warrants if the trading price of its common stock exceeds the exercise (strike) price of warrants.
http://www.reversemergers.net/overview.html
-------------------------------------------------
most important point
The market value of a Public Company is often substantially higher than a Private Company with the same structure in the same industry
we know that the outstanding shares is at 421,577,000, the float is at 85,030,000 shares, so what is the market value of GSCR?, the public company? at http://finance.yahoo.com/q/ks?s=GSCR.OB