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.
Ya know, OldTimer, I hope we get that news sooner than that but ...the corporate people involved are not thinking about the multitude of investors who are waiting minute by minute for the "news." They have issues unrelated to us that will influence when the PR is released.
You might be right, but I'm becoming impatient. (And I'm a very patient sort of guy.) The reason is simply because the potential for something really exciting to happen is very real here. Boy, oh Boy, ...I'm ready !! Very Ready for some exciting action.
I just hate to see 4:00pm come, ...and when this begins to fly it will be a lot harder to wait till morning.
The long awaited removal of the "Grandfather Clause" has today been officially posted in the Federal Register for removal.
http://a257.g.akamaitech.net/7/257/2422/01jan20071800/edocket.access.gpo.gov/2007/E7-15708.htm
On October 15th, all 'Naked Short' positions in public companies must be covered.
Now if the SEC will ENFORCE this with lightning speed from the morning of October 15th, ...we might see a change in the investment picture everywhere in this market.
The long awaited removal of the "Grandfather Clause" has today been officially posted in the Federal Register for removal.
http://a257.g.akamaitech.net/7/257/2422/01jan20071800/edocket.access.gpo.gov/2007/E7-15708.htm
On October 15th, all 'Naked Short' positions in public companies must be covered.
Now if the SEC will ENFORCE this with lightning speed from the morning of October 15th, ...we might see a change in the investment picture everywhere in this market.
NOW ( !!! ) IF the SEC will actually PROSECUTE somebody in a very public fashion right away, for not covering on time, ...then this change might have a desirable affect upon everything in this market. Otherwise, these guys will continue to ignore the rules, knowing that the SEC only acted to appease a few loud voices of complaint.
Riding the ship either to port or to the bottom is my philosophy here. $48k invested into WRNW has become for me (in the past three months) about 10% of that original investment. I can hear the bashers laughing with glee as I say that. But Well Renewal is not the company that this mess portrays. Some fine DD by some intelligent members here proved the true value of this stock months ago. Those facts have not been proved wrong, only covered by the soot of burning fires.
There was some powerful sentiment regarding my strong opinions against persistent bashers. I hate them, categorically, ...and think of them the same as I do poisonous snakes on my property. I don't hunt for them, but when they turn up I like to see them exterminated because they can seriously and adversely affect my life.
Many replied quickly that it is a management issue at the core of the WRNW problem. I don't think that those problems caused all of this, it was the fear mongers making mountains out of mole hills day after day after day, but maybe I'm wrong, ...it's happened before.
Turn all the blame toward the fear mongers who earn their living by taking away the dreams and vision of others.
There's nothing about this that would have been a "debacle" as you called it, if it were not for the Bashers here.
It is difficult for the partners who are sucked into this mess, which was created by those on this board.
Selling short all the way down has made the bass turds a fortune, at the expense of all others involved thus far, and it would be especially comforting to know that they were wounded in like fashion by the return of a proper and reasonable PPS.
I sure hope that the shares sold at .0002 today are not shares that didn't exist yesterday. ( as in "Naked" )
Why do you say that? Just curious, because I don't understand the reasoning.
Hey there, Grumps. Enjoyed your trip?
I concur with your PM. Talk to you more later.
Send your eMail address in a PM.
Yep, Felt like Fishin' for a while. That other symbol is not going to lift off anytime soon now that their web-project is in turmoil.
That kind of thing is painful to watch, even as a bye-stander.
The art of this game is to know when to take the money and run, …but then, you’re a savvy woman in this game and know more about that than most, I imagine.
Money invested here today seems to me to be one of the best potential gainers available. Agree?? What say you about the real potential here (as opposed to the opinions of the hyperventilating traders) ?
.
You are one funny dude, Smoke !!
The reason is that the Market Makers are manipulating the buying and selling at this point. They are altering the flow of things to create the situations that they want, ...or as much as possible.
When the momentum is great, it is more difficult for them to control the flow but when there are periods of no movement or slow movement, they can do terrible (and should be criminal) things toward their own advantage.
These are not robots, they're people who get to keep the money that they earn (or steal) while buying and selling as the middle-man.
They chose to not sell your shares even though there were certainly willing buyers at the time. You can't necessarily know what they have in mind as a specific motive at a particular time but it's always related to manipulating the pps in the short and long term.
Go easy on Ben, he's just a bit frazzled from the long wait. Especially when it felt like the wait was over last week.
Entiendo
Too HOT outside to build stone walls and walkways today Amigo?? How do you get to spend so much time at the screen during the day today? Maybe because la esposa is not watching over you??
Relax, there have been only 2m shares sold at .0002 today. The slightest hint of a change in the wind and the top will come off. But NOTHING is happening. Everyone is LISTENING and WATCHING for news.
Ok, got it. ...if it goes down I buy more and if it goes up, I buy more.
You're right. It doesn't feel right to hope for the pps to fall, ...I'd rather see it take off upward. Just in case it does go down, I've had an order in for several million more at .0002 since Thursday. And if it starts upward, I'll cancel that and buy at the ask.
Staying right on .0003 with no change and not much volume is like watching the lawn grow. Not too exciting. Some folks need more stimulation than that to stay in the game.
:O)
Yep, ...that's pretty close. I've got my wristband and it's a nice one !! Just waiting for the band to start playing.
It's like somebody published the address to a party on the Internet and a huge crowd has gathered at that address but so far there seems to be no evidence of a party, ...just people standing around waiting.
'Sure hope there is going to be a party.
Watchin n Waitin, Amigo.
It is possible for an MM to hide a trade(s) ...and they sometimes do that for strategic reasons, for a while or sometimes post it after the closing bell. But since this fellow ran like a rabbit rather than stay and confirm his position, it probably didn't happen.
L2 on AlphaTrade makes no mention of a single share sold today at .0002
If you did buy at .0002 today please confirm that it wasn't a typo on your part just now in that message. ( ?? )
There seems to be some sentiment in that direction.
Amidst the silence there is hope.
It's just a feeling that something is going to happen.
That would sure please me, …and a bunch of others.
It wouldn't take much to ignite the interest here.
Great Post!! Bashers are a huge aggravation in this game!! I have been so angry with some of them that I had to repent for what was in my heart to do to them. They are an evil bunch and they are truly thieves who destroy the value of our holdings, …purposely.
That's the most ridiculous statement that I've seen lately on the iHub !!
Bashers do NOT bash stocks that are losers. They Bash a good stock to CAUSE it to flounder or fall.
You are either a Basher associate or not very tuned in to how this whole thing works.
Shhhh !!! Don't even say it out loud.
That's not true. The Alexa index for Hypster has fallen drastically and the graph line has (visually) now turned downward.
In the case of Alexa, a higher number is worse, not better. Maybe that's why you suggested that the averages were up.
The number posted by Alexa indicates the ranking on the list of all Internet websites accessed in that period of time. A rank of 150k means that you are number 150k from the top spot, and a number of 250k means that you've dropped 100k places in the rank of "most visited."
Not a pretty picture today.
When you said that you wish you were a better trader and had sold at .01 to then buy back in now, ... I have those thoughts too.
To look at the current price and know that I could buy 30 million shares for the money that we have invested in WRNW is painful. But I don't regret anything other than that fact, ...I could have owned more for the same investment.
These shares (and the others that I buy before it goes up) stay with me until Rees is exhonerated through intelligent leadership, and we can all forget this terrible experience of swimming in shallow water with stinking creatures.
I'm hangin' on right beside you. If it heads for the bottom like a boat anchor, I'll be holding the chain tight, ...knowing that this thing is goin' back up because one day soon the people on this continent are going to get tired of paying the Muslims for their oil.
When that happens, we have a monster of a winner.
Ok, Ed. I won't make this into an important issue because I appreciate that you have more experience in this stock than I do and have a pretty tainted attitude at this point. So I hope that something good happens and you can at least make money from what's left of your investment.
When you claimed that the CEO had diluted the stock from .50 to .0001, I thought that to be an unreasonable statement, when there are so many factors involved, ...and if you think that there are not hundreds of millions of Naked Shares of ISYX, then you're not paying attention.
Hope this pays you well for the time spent waiting.
For a CEO to "Change his mind" concerning the direction of a corporation or its financials is not unusual, ...that's what he's paid to do. He might have been completely honest when he said that there were no plans for an R/S but conditions change and situations change and an R/S has been an effective tool for some corporations to gain strength and financial health.
What I'm saying is that there is a time when it makes sense to the man at the helm to do a R/S. Some people in the ranks are going to complain whenever it happens, but to call him a snake is a bit radical when you don't know the inside circumstances at that time.
You said, “after the last RS, the price was adjusted to .50 and he then diluted the PPS back down to a bidless stock,”
If you can make a statement like that, using obvious exaggerated, inaccurate (or perhaps deceptive) content, based upon (what?), …I wonder about your motive
The optionsXpress system will reject that as invalid.
God willing, it will increase again.
Let us rejoice and be glad. (either way)
I'm sitting under an umbrella beside a gorgeous swimming pool behind our friends’ home while he's at a car show in Georgia in his Bentley. It’s a great place to be since the temperature today is over 100 and has been for many days now.
I set up a wireless network for them a year or so ago and his week that seems to have been a good plan (for my sake) even though they rarely use it.
Chapter11, it is very easy to use my calculator, as you've done to suggest the errors that Matt made and the potential gain he could have had in his account today ...if only, ...if only ...if only.
I'm pretty good at that too. If only I had done this or that. Life is full of lots of those thoughts. Today I have money in several stocks that "should" do well and when they do begin to run, should I take the first 300% increase or wait for it to become a 3000% increase? Some will and some will not. Have you ever watched a stock that has made you a huge amount of money and when the indicators turn downward and the line starts to drop, ...you say to yourself, "No, I won't sell it for that amount, I'll wait until it comes back." But the line drops like a falling stone and you lose a huge amount of money. I have. Maybe one day you will too, but I hope not.
It's so easy to know the right thing to do after the opportunity is over and we can see later how it all worked out, but while it's happening, it's difficult to know for sure. This is a game that is fun to play. If you cannot afford to play, then be very careful.
There are many ways to develop a strategy for buying and selling, ...or you can just do what feels right at the time. I need to stop writing, here in the shade and go get wet. It’s hot out here. Some sympathy, please??
Sorry, I must get into the water.
I agree that it has been tragic to watch this go from .0001 to .0005 and then back to .0001
Perhaps we have had a gap in communication while not being that far apart in understanding and opinions.
You said:
Personally im not sure of anything
let me have a doubt
...........
Well, I'm not sure of anything in this current market either and I'm certainly willing to let you "have a doubt." I've lost a lot of money recently in stocks that are genuinely good companies, ...but their pps has fallen to the floor.
Thanks for the reply, Chapter11