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Absolutely correct sir
Yes perhaps not a scam...but a black hole indeed. Like appointing a sophomore, liberal Art History Major as Secretary of Defense...we will get destroyed. Last post here...hedge
Doog,
I shared your same sentiments back around 6.5 cents...that is when the real downtrend became evident. I hope others will listen to you and pull their blinders off. Come on people, the Olympics are only 2 weeks away and still there is talk of some megahistoric deal going on to ditribute Aquigold to the masses...give me a break. There are no huge contracts, never was, and will be surprised if no one goes to jail over this obvious scam. This is all in my humble opinion of course. Side note, very very sorry to those who lost a significant amount of money believing the hype...it is a crime what went on here and also what goes on with a lot of penny stocks. Classic pump and dump...everyone should have ran for the hills, at the latest, when Blue Horseshoe skipped town imo. Good luck to all and hopefully this stock just makes up a very small investment in a very well-diversified portfolio. Cheers - hedge
Go Cowboys!!
I do not offer any advice...only my humble opinion which should be taken with a grain of salt. Please do your own DD. Cheers.
I get the same feeling - hedge
Classic SH panic/selloff.
Anyone who has been in the game long enough knows never to sell into one of these firesales ESPECIALLY when it is on NO news. Doesn't make any sense to sell at these low levels until confirmation of doomsday news from the Company. AQUI went through one of these firesales about two weeks ago and those who bought low doubled their money by EOD. Hold strong and buy more especially if you have been riding this thing down for a while. Do you really want to sell in mid trips after waiting this long?? Might as well just ride it out and let the shakeout run its course. I will be holding until real news comes out in mid-June most likely. Don't feel like taking a REAL loss just yet...paper loss is just as good as a paper gain to me. Means nothing until acted on - hedge
One of the major complaints about RVGD was in regards to the way Chad was handling things. Clearly Peter took this to heart and made a move to appease his shareholders and of course to bring better value to his growing company. IMO this is a very strong step in the right direction and I feel that RVGD now has a stronger firm to help deliver the multitude of PR's we expect to be seeing very shortly and of course a firm that will help RVGD become much more transparent and help Peter do what he does best...which is growing a business rather than answering investor emails. Definitely good news boys and girls - hedge
My feelings exactly...nicely said - hedge
Yeah, don't think purchases of 5 million shares is considered a paint job...might want to invest in Level II. - hedge
Not sure why it is necessary to keep posting baseless claims of a possible R/S? I assume you are a shareholder so its seems pretty counterproductive. I understand you must be deep in the red but I promise those kind of posts will not make your situation any better. And, if we are going to go there, a well-timed R/S coupled with a material PR or two can actually be a fantastic thing for shareholders. I have been through several...some bad and some good. All just depends on management and the product/service they are producing and/or providing. All the best...cheers - hedge
The only REAL accumulation is going on at .0012...maybe some people can scrape up a few .0011 but that is it. Nothing has changed here....0012 is still a terrific entry price. Good luck to anyone who thinks they can accumulate size for much better. I am in at an average of .00125 and could not be happier - hedge
Nice post
Wrong...accumulation of shares from the weak retal hands. We are down 1 tic after 18 million in volume...that means these shares are being accumulated at a price at or over our support level of .0011...all is good. Volume is definitely our friend
After reading the last 20 posts, I feel compelled to speak of some fundamental trading strategy. Trading, stripped down to its simplest form, is simply the ability to find (and more importantly act on) strategic entry and exit points that will yield a net profit. Keeping emotion out of the equation and not letting prior success or failure block your unbiased analysis is also key. It seems that there are some very bitter individuals on this board who can not stomach the red they see on their screen. What is puzzling though, is that these same individuals have been around (for the most part) through several extraordinary runs where they could have netted 5x - 15x their initial capital. If you bought in at the peak or sold at the lower portion of the trough, then you have only yourself to blame...not the stock. Despite some tremendous trading losses some of you have encountered, it doesn't change the fact that we have firmly established a bottom and have been ranging for over a week now. I know it feels good to bash a stock that has been so painful to your bank accounts and share your negativity and resentment to those that have fortunatley just bought in at these very undervalued levels...but the line must be drawn when individuals cry out R/S every post and blatantly slander the company that COULD HAVE brought them so much fortune if they simply knew when to take some profits or cut their losses!! This is a start-up company...not IBM. They are in their infant phase but at least have a product(s) to show for themselves. I agree that RVGD should be a little more transparent and communicative with their shareholders...but I guarantee you are getting a lot more attention from RVGD management than you would with any Big Board. Their business model is not built around babysitting whiny shareholders who for the most part are trying to flip their way to fortune...their business model revolves around fabricating unique/top-of-the-line automobiles for car enthusiasts. I have been saying this for over 2 weeks now, but I will say it again...you can not ever pick a bottom but you CAN pick a bottom range as a reasonable entry point. You will not be able to buy size at the bid and waiting for that one down tic is extremely amateur...not clever. Any trader worth anything will tell you NOT to buy at the BID but to buy SIZE at the ASK if you have done your DD and believe you are buying into a good bottom range. Can this trickle down another few tics?? Anything is possible...especially in the world of manipulation that we are all actively trading in. But you can not base your trading principles around the fear of not buying in at the absolute concrete bottom!! It is ludicrous and you will find yourself on the sideline watching others make substantial profits. That is all for my morning rant. The only other thing I must say is be DIVERSIFIED! Let RVGD be just one of your many eggs in the very large basket you call your portfolio. When one stock tics down, others will tic up...it is a beautiful thing when you are not betting the house on the performance of one stock. The smarter you trade the less luck you will need...it is an amazing thing - hedge
Absolutely gorgeous automobile
Those with LVL II must be laughing hysterically at the bs retail selling of several thousand shares at a time to try and print the bid. We will push upward - hedge
.0014's almost knocked out...
.0013 is a terrific entry point if you want size and not just a few thousand shares here and there. You simply are not going to be able to do much better - hedge
.0013 x .0014
Buckle up...good job on those who were able to clean up on some of those .0012s - hedge
You were absolutely correct and smart for doing so...my post from friday:
Posted by: Hedgeman26
In reply to: rickyboy who wrote msg# 80557 Date:4/25/2008 2:00:06 PM
Post #of 80748
.0012s are very thin...if people can get them then they are doing well. It is impossible to call a bottom...tad easier to call a bottom range. If you can buy in that range then you have done all you can do. Yes, the price might dip briefly to .001 or even .0009...but in reality you will not be able to buy much at those levels. If somoeone should want more than just a few hundred thousand shares...then they better start accumulating now. aimvho - hedge
.0012s are very thin...if people can get them then they are doing well. It is impossible to call a bottom...tad easier to call a bottom range. If you can buy in that range then you have done all you can do. Yes, the price might dip briefly to .001 or even .0009...but in reality you will not be able to buy much at those levels. If somoeone should want more than just a few hundred thousand shares...then they better start accumulating now. aimvho - hedge
Some .0012s would be terrific buys...buy them and forget about them for a few months. At this level the upside potential outweighs the possible slip of another few tics. Bought 800,000 today so far. Remember...buy them and forget about them. Set price alerts and go about your daily business. Best of luck to everyone - hedge
Interesting point...I like that. Good way of thinking about it. And of course...GO COWBOYS!!
I rarely post on IHUB anymore because I feel these boards have manifested into counterproductive slurs of repetitive nonsense. At one point in time, these boards were incredibly insightful giving terrific TA and up-to-date news on pertinent current affairs associated with the given stock. Now, all I see is blatant manipulation and it is sad. I own a substantial amount of shares in RVGD (cost basis of around .0013) and whenever I do check in to see if there is any relevant news posted...all I get is back and forth lashes of hypothetical scenarios and assumptions. We on this board are the MM's and we are the very enemy that we think we are trying to fight. Any posts other than new relevant DD, insightful TA, or new PRs, is an incredible exercise in futility and a double edged sword. Let the amount of posts trickle to zero and sit and wait until there is something substantial to post about. There is no way to know what is going on in the mind of anyone or truly understand there true intentions...we are gambling in the super subs and you better be ready to lose it all in a flash. It seems a lot of people are both over-invested and/or put all their eggs in one basket...and this is largely due to the emotional build-up that is created on these boards. So, I will now go back to quietly watching my portfolio and doing my own DD without posting my every thought, concern, assumption, hope, dream, or bash on the board. I am long RVGD and there is no reason for me to sell until I get a material reason to do so. RVGD, unlike a lot of my other super subs, has a proven track-record of attracting large volume quickly and can climb exponentially in a matter of days. That is why I am here and that is why I will stay...reward is worth the risk at my cost basis. This will be my only and last post...good luck to everyone and be smart about your investments. And please, don't let these boards get you emotional about a certain stock...I can promise that your love for the stock is not reciprocated. It is simple business. Cheers - hedge
Yes they did...this is terrific for those who want to quickly flip before it falls back to .065 when people realize that "Omnimedia" is not the same thing as "OmniNETmedia"...also they would have referred to Aquagold not ONMC. Seriously guys...
What we just saw was called a sell-off. When someone dumps 200,000 shares it appears to be small blocks on Level II because there is not enough liquidity to absorb 200,000 at once. There are clearly no mods around to delete posts so feel free to speak your mind. The smart money seems to have left the room...off to greener pasteurs. - hedge
exactly
This is ridiculous...17,000 just dumped at .072...good luck everyone - hedge
Oh well...wasn't expecting anything till next week anyway. I say AGLD...we shall see - hedge
That's what I was thinking? That would be interesting...
What is the link!!! Yes!!
I am actually interested in hearing about MG Financial and their supposed 200 million shares for 20k...first I have heard of this and I truly hope this is misinformation. That is the worst 504 deal I have ever heard of. Also, I would like to hear some other people's responses to the share structure/dilution question. Everyone knows I am a loyal long and have been in this for months...just feel Sparky's post deserves a thought out answer regardless of how "basher" he might sound. I am sure others are not trained analysts and probably don't understand why our share structure is good. I have no doubt that we will get great PR's in the coming weeks...it is only the current share structure that I am curious about. Could someone please prove to Sparky that his question is indeed a foolish one by explaining in detail why our current share structure does not spell out dilution. I am a pretty adept trader and I can not give a 100 percent "you are wrong" answer to his thoughts. I hope someone else can. TIA...heading to dinner now. - hedge
That is ridiculous...to sell a 30k block on that wide of spread at market close raises a flag or two in my book. Looking forward to see if we have a friday afternoon push up to .085 - .095...good luck everyone. - hedge
Who would sell on a .004 wide spread at .071...makes no sense. What was the volume on that? I bet it was a few thousand shares tops...anyone have that figure?
Smart investor realizing we have hit bottom...assuming you meant .075?
We are officially oversold...should bounce nice of .07...if reverse merger was already priced in than .07 is on the low side. I expect sideways movement for the next few days until news hits. Than all those lucky enough to buy in now will see an immediate 25-30 percent gain and then upwards to teens from there. AIMVHO - hedge
LOL I feel you there buddy...it is a given whenever I enter a position as well. GLTY! cheers - hedge
Very nicely put - hedge
Think of all the people that bought in RVGD at .005, then .004, then .003 only to see it drop all the way down to .0009 just last month. I guarantee you the majority jumped ship on that plunge. If they would have just sit tight for the PR that management promised of "contracts", then they would have doubled, tripled, quadrupled their money as of this week. It is just a paper loss until you sell...all of us bought in for a reason (probably because we believe in the company) so nothing has changed...it has actually gotten much better! Just be patient and please stop looking at the ticker and your cash bouncing up and down...not a healthy habit and you will start second guessing yourself. Stick with your gut. Cheers - hedge
Yes it does take a little time. Rule of thumb is always tack on at least an extra week or two to whatever "timeline" is given by authorities. I am not expecting anything till end of next week or middle of following week. If we get a PR sooner than terrific, but I hate seeing people get dissapointed when news doesn't come out immediately. Until then, we should eventually start seeing a steady rise in pps due to fence sitters getting anxious and not wanting to miss out on the pop. Once again, we are not investing in a shell anymore. The "risk" was over the second the reverse merger was complete...all gravy from here. AIMVHO...cheers. - hedge