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I agree.
Dangling carrots are why people buy stocks. The carrots that have already been eaten matter little if there is no potential for a carrot to eat tomorrow.
I understand what you are referring to, but AFs will have more REAL effect than just what happens the day they are released. For months after they are announced and made public, investors will be ble to refer to them and use them in assessing the credibility of a potential investment in ETIM. There are more than just trader adages that apply to markets. For all we know there may be a hege fund looking to drop a couple hundred thousand in ETIM but is just waiting for audited financials before doing so. It is a step in the proces of establishing credibility in the investment commuity.
The CC wasn't the first time ETIM said that AFs are being worked on and made a goal to be completed. Were they priced in to the pps before, after,last year, now, in a month, who knows? But when they are completed, they become a useful measurement of risk associated with an investment in the company. I'd say that over the long-haul, having AFs available drives pps more so than "buy on rumor sell on news"
qas, how can all of the AFs be priced in to the stock already? Traders may have taken their positions in anticipation of the announcement (though I imagine some will wait until the week before the deadline to attempt a quick flip), but the audited financials are a step in establishing the credibility of the company.
There are likely some investors waiting for the AFs to be released before investing in ETIM. So the AFs effect can't be completely priced in prior to their release. Also, it is likely that those investors who are on the sidelines waiting have more capital to invest and that is why the are looking for more credibiity before doing so.
At least this is how I see it.
haha. nice.
Are you saying that to really understand the MMs one can only go by clues found examining the evidence through a magnifying glass? sounds about right to me...
We should hire an OTC MM consultant, maybe a disgruntled one somewhere would be willing to provide some insight...
Didn't they say in the CC that Eternal Image is the one being picky about finding a California distributor that is the right fit?
Ok. That makes sense.
Then the actual shares in bkmp would retain some value in that case as opposed to becoming more or less worthless after a dividend has been paid out and the company no longer has an asset.
Thanks.
So is the basic premise here that a buyout will occur as "predicted" in the PR,
then shareholders will be paid a cash dividend per share owned.
The cash dividend will be determined roughly by dividing the total buyout price by the 17% ownership stake BKMP has, and then dividing that doallar amount by the currently unknown number of shares authorized.
So it is just like a big algebra problem with x as the buyout price and y as the number of authorized shares?
Is this the way things would happen if they go "as planned"?
I need to go to bed too. Long days are killing me.
Glad to see you are going to war with the MMs. It is an uphill battle, but with the right ammo and plan, success can be achieved. Go get 'em...err..or let them come to you and sneak attack them, or throw all your cash at them like Pacman Jones at the strip club...
BTW, You are at your best when you are this excited about ETIM!
I think the thing to watch for tomorrow is volume. If it is weak again, and the pps increases slow down, I think there will be sellers from the 3s and 4s earlier this week. Obviously there will be some of you to support bid and keep it from dipping too low, but without large buying at the ask, I think we will be trading sideways and close in this 50-55 range again.
Another thing I noticed about the nasty .0005 spread is that it slows the buying at the ask ALOT, unless there is big momentum (like from a good PR). Otherwise traders look for an oppurtunity to get filled in the spread and not at the ask when buying. I don't think those buys in the spread put as much upward pressure on the stock price as at the ask.
Another thing to consider, it does appear sometimes that we move up or down on certain days independent of volume. Today, nothing was special (no offense to all of you ask-slappers and bid supporters. you are all special to me about the buying volume(there was less selling though). To me it just seems like MMS say "today we will go up if there is some reasonable buying." or the other way around.
I don't know.
Maybe I should stop watching level2 and time and sales. It is messing with my head.
Good luck to us all, tomorrow!
The bid is being supported and moving up with the ask today. That is a good sign, I think.
NITE moved to .006!!? hmmm...
Man, I just got back from there. Ever since I owned the stock I've been hoping that they would announce a dividend of one drink a week for every 100 shares. Still waiting for that.
I think that was me you heard from all the way over in Texas. hahaha!
I like your thinking...
0008 to 008, 1000% gain.
004 to 04, 1000% gain???
dancy, I have used that t-shirt example when considering the potential of ETIM as well.
At one point, no one had a t-shirt that they felt represented something unique about themselves, now "everyone" does.
I'm guessing the same will be true about funeral products in the future. ETIM is poised to be THE provider of such products within the industry.
That is very interesting stuff. I appreciate it. A global ETIM certainly deserves to have a place in NZ.
OK. Thanks. Not gonna be able to make up to 7% that's for sure!
I watched it dancy, it was awesome (and a little crazy), talk about testosterone!
hey al, what do you mean by registering with the SEC as a beneficial owner?
Agreed. Eternal Image products are definied by dignity and class.
What is it that makes you think sellers will "bring this down immensely" right now?
The way I see it, if your predictions about the orders coming in big this summer is correct wouldn't people be buying right now.
In theory, there are only so many shares that can be sold by shareholders, limited to only the ones they own. Why would so many shareholders be selling right now and in the coming week or two? They have had plenty of chance to do so at higher prices if their problem was with the conference call, and there isn't any other justifiable reason to sell other than for personal reasons(they need money for something else, which cannot be predicted). The sellers should be out by now. Additionally, there are potentially unlimited buyers that could move the stock higher as shares circulate from holders to new buyers at higher prices. Then you miss out on being in at the current price.
So again, why do you think sellers will bring this down immensely? It appears that has already happened.
You want to buy it 20% lower than where you can right now? What if it never gets that low? Will you buy higher? If it does get that low will you just sell it when it gets back to the curret level? Or do you have a higher target price?
Enlighten me please. Tell me how your strategy works. By reading your posts I take it you are obviously very successful trading pennystocks. I would like to be as well.
Nice post Stocky. I think that is a very fair assessment of what we might expect moving forward this year.
I would also like to add that i think we will see an international distributor (European) announcement and completion of the distribution in the USA announcemnts as they come. Also at least two new licensing partners should be announced, all by the end of the year.
Well, I-hub does seem to be a thriving mecca of short-term traders looking for huge returns overnight. Patience is not a virtue I would attribute to most of the posters I read around here.
Morning, Pete!
We can look back all day if you ask me, I'm tired of moving back!
Yikes! Too early for that imagery, my friend! HAHA.
I feel like there will be increased buying pressure today since the last two days have shown support levels in the high 30s. New Money, it looks like the bottom is in!
AAAAAANNNND Good morning everyone!
Yes! Also..."If you want to work for Clint, you have to URN the job."
Sorry that was pretty lame. I need more sleep or more caffeine.
None of us know for sure how much shorting has taken place so all the speculation about shorting is just that, speculation.
Either way it still doesn't change the fact that there haven't been enough buyers buying at the ask in these recent days to support the price and move us up. That is what we need.
I just knew that was you when I saw it print. sorry.
a lot.
2%+ here.
hehe. are you talking about a short?
You are correct.
My vision though, is that 5,10,20 years from now licensed funeral products will be a much more normal thing for people to buy. ETIM should be THE place to get those products, and they could have a line for people of almost any interest. Speculations on my part, yes, but I don't think they are incredibly outlandish. Determining which licenses are attainable and will sell the most out of the gate will be important as they continue to grow. The others will just start coming to them I think, if the demand is high.
Even ashes!
what about some designer brand jewelry products that contain a place for ashes? carry a piece of your loved one with you everywhere you go...
I dunno...
PS I think they are right. have you ever looked in a purse! hahaha
I think Tiffany's has been mentioned...it isn't a bad idea. I think that 5-10 years from now there will be tons of options available for people to choose from out of the ETIM line, it will just take some time to catch on and in these early stages the company has to be concerned about adding licenses that will generate the most revenue to move forward with.
haha. I didn't realize that. Thanks for pointing it out.
I knew the All-Blacks are wildly popular, but I guess I thought that there was a league there with other teams too.
My bad.
cheers to you as well!
dancy, the All-Blacks would be a great team for ETIM to license along with the other rugby teams in NZ. I don't know if the company has thought of that yet so you may want to send them an email. It couldn't hurt!
My orders route throgh NITE and I have tried this on several stocks to see if he moves. On a few he has, but never on ETIM. I think maybe there is an order-order involved, like the MM moves only if there isn't another order already in place where he is...?