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I was indeed able to sell my small position above 003. Although this ticker remains extremely risky (IMO), if pps drifts back down to support levels, I will certainly try to “wash-rinse-repeat”. It is most gratifying to see tggi continue to provide profit taking opportunities.
Their are many variables making this ticker extremely risky. Having said that, the pps has typically responded exceptionally well with “filing-due-date-anticipation” (Partially due to effective promotion). If things remain “stable”, I think it’s entirely possible to temporarily see a share price of .0027- .0028 before drifting back to support levels. All just my opinion- and a bit of wishful thinking- lol
TGGI has been extremely profitable for me. I reopened a small poison today . Hopefully I’ll have another opportunity to lock in profits.
GLTA
Although I’ve been on the sidelines since before the “Reverse-Split- Announcement”, it’s pleasing to see that tggi still has an uncanny ability to test upward resistance before slowly drifting back to support levels. Admittedly, this cycle does not occur as frequently nor with the intensity it once did, nonetheless, tggi still provides profit taking opportunities.
Thank you for the post. It’s appreciated. EOM
In the past couple of years, I did extremely well with this ticker and would trade it again if things stabilize.
GLTA
lol- EOM
Having locked in profits a few days ago, I am currently back on the sidelines. I will certainly reopen a position should pps drift to sub-penny. Having said that, I sincerely hope all shareholders have an opportunity to lock in profits especially the “steadfast-longs” whose “ tggi” journey has been arduous at times.
GLTA
It’s always pleasing to watch this ticker’s ability to routinely test “upward-resistance” and then drift back to “sub-penny” I was indeed able to reopen a position today at sub-penny.(.0087). If it goes lower , I’ll add more.
GLTA
I am well pleased to have been able to lock-in profits above .01.
I sincerely hope “future-share-price”performance gives everyone an opportunity to lock in profits( especially the steadfast longs).
If pps does indeed return to sub-penny, I certainly will “wash-rinse-repeat” This strategy-for this ticker- at this time has been extremely profitable for me.
GLTA
My guess is that the “10q-due-date” will soon begin to be promoted which could temporarily lift pps slightly above a penny. This could provide a profit taking opportunity for some.
IMHO- GLTA
Just my opinion, but If tggi remains in the current trading range, pps could temporarily approach .012 in anticipation of the next 10q filing. In the past, the “Q-due-date” has been superbly promoted and Tggi seems to file in a timely manner. I believe the next Q-filing is due in the middle of August. Hopefully, dilution will remain in check thereby creating another opportunity to lock in some profits. Some speculation and a bit of wishful thinking on my part. Thus far this ticker has been extremely lucrative for me
IMHO- GLTA
I’m well pleased with today’s trading range (thus-far). It has once again allowed me to purchase sub-penny shares of tggi. I’m hoping support is established in this area (.008-.009) and looking forward to locking in profits if and when upward momentum occurs. We’ll see what happens. GLTA
In light of tggi’s recent price performance, I believe the “shell status” was already “baked-in-the-cake”. If pps drifts to sub penny, I certainly would buy again. Tggi has repeatedly shown support within and around the .008-.009 trading range. If dilution remains in check, I expect support to hold thus creating another opportunity to lock in profits. ( wash-rinse- repeat) JMO-GLTA
In the past , TGGI has found support at these trading levels. Also, I believe the 10q is due to be filed in the near future. I decided to reopen a small position today (near LOD) . Hopefully we’ll see a reversal of this downward trend. Who knows? At this point I’m playing with house money. GLTA
I’ve been riding “the-tggi-train” since triple zeros ( locking in profits along the way). In terms of penny stocks, tggi has provided me with the single most highest ROI in twenty years of trading. It’s been a memorable and enjoyable journey. As of yesterday, I no longer hold a position. I will certainly be watching from the sidelines and may even consider jumping back-in when and if the time is right. GLTA
For those of you who routinely and vigorously criticize management for not producing in a timely manor, take solace in knowing the latest dilution activity occurred with impeccable timing. Dilution was the one action that didn't occur " next-week". ( Although I think most wished it had)
IMO -,Given the content of the 8K, ELTZ will still "run", but the strength and duration of the run will partly be contingent on dilution activity by management. As all experienced traders know, dilution "into-the -run" is a common practice for otc. I wish it wasn't the case, but it really is part of the game( for the most part) .No surprises or disappointments on my part. Still holding
GLTA
Thank you EOM
Thank you for your response and subsequent follow-up EOM
Almost A Myth,
Is it possible the company is responsible for these EOD purchases? I don't know if a company is permitted to buyback shares unannounced.
I thank you in advance for your time and opinion.
Regards,
Anthony
The following is copied and pasted from investopedia.:
Another major reason why businesses repurchase their own shares is to take advantage of undervaluation. Stock can be undervalued for a number of reasons, often due to investors' inability to see past a business' short-term performance or sensationalist news items. If a stock is dramatically undervalued, the issuing company can repurchase some of its shares at this reduced price and then re-issue them once the market has corrected, thereby increasing its equity capital without issuing any additional shares
It seems as if management is reluctant to release the 8K(s). It's almost as if the 8k(s) are being held hostage. I'm no military expert, but I suggest we get in touch with "SEAL Team Six" and ask them to conduct a covert operation which includes the extrication and subsequent edgarization of the 8k(s)
Of course all of this is just my opinion.
Regards,
Anthony
RisingMT,
I'm inclined to believe any " pps raising news" will come at the end of October in correlation with the maturity date of the next note. jmo
I'm guessing about 2 1/2 weeks away. Again, pure speculation on my part
From financials
On October 28, 2016, the Company entered into a $68,743 convertible note payable with Mammoth Corporation. The note payable is a balance of $62,493 of principal and accrued interest assigned from the April 29, 2016 LG Capital Funding, LLC note payable and includes $6,250 of original issuance discount. The note is due one year upon issuance October 28, 2017 and no further interest shall accrue as long as the note is not in default. Default rate is 18% per annum
fl_exec, thank you for your honesty. I believe your post is sincere.
Perhaps management is compelled to coordinate the release of acquisition news in conjunction with the release of the next note due to hit in about 3 1/2 weeks(not certain timeline is correct) . If management has indeed chosen to pursue this strategy, it's possible shareholders wont see acquisition news for another three weeks. All speculation on my part of course. Like most of you, I prefer to see filings/ news asap, but I'm willing to wait an additional three weeks if necessary .
GLTA
Zeekhoe,
That's great news. Thank you for posting the tweet.
Anthony
A few weeks ago I opened up a small position in eltz. I would like to wish all the shareholders well and hope your future expectation materialize.
Kind regards,
Anthony
May The Lord bless you and keep you.
May the Lord make his face to shine upon you, and be gracious to you.
May the Lord lift up his countenance upon you, and give you peace
I will prayfor you
Anthony
Hi Gail,
How are you? I’m taking advantage of the all day "happy hour" by I-hub and decided to stop by and say hello.
It’s been awhile, so I hope all is well with you and your family.
Have a wonderful trading day and make the big bucks!
Kind regards,
Anthony
I don’t know if this is important to the board.
I live in NJ and SpongeBob Sponges are availabe in my nearest Walmart(In the "Seen On TV Section")
Respectfully,
Anthony
I did well on the last run up to .28; so I really have no complaints. Having said that, I am surprised at current pps. I’ve tried some of the products and thought they worked just fine, but I realize sometimes the product or service of a company may not be reflected in its price per share. Hopefully SPNG will somehow turn this around. Good luck to all the shareholders.I sincerely wish you the best.
Respectfully,
Anthony
Can someone post the current volume? Thank you
AWM15
ThePennyTrader,
You are correct and that is good advice. I already opened an Ameritrade account(Two years ago) in response to a similar situation that occurred with Scottrade. Thanks again
Kind regards,
Anthony
Z4lover,
Scottrade has placed SPNG on their restricted list. However; you are permitted to buy the stock by phoning in your order.(at internet rate) I generally put in an order far below the bid. Once the Scottrade representative enters the order, it appears on my online account. I can then make adjustments I want. (Including changing size and price of my buy order.)
Good luck,
Anthony
z4lover,
Can you please give a volume check?
Thanks,
AWM15
OT: z4lover
I just wanted to take this opportunity to thank you for your efforts concerning this message board. You do an excellent job in guiding the conversation back on topic when it strays. You accomplish this by presenting ideas and facts in a manner that always maintains the integrity of this message board. In essence, you almost always raise the level of discussion. I extend my compliments to you and all the other SPNG moderators.
Kind regards,
Anthony
golfforpennies,
I experienced a similar situation with Scottrade. If the aforementioned scenario does indeed materialize, I would suggest getting in touch with your broker. If you agree to certain conditions, they may be able to perform a “broker-assisted trade.”
Kind regards,
AWM15
Gail,
I think the AUTO option refers to “automatic”. That is to say, unless you specify otherwise, Ameritrade will automatically direct your trade to an M&M of their choice. Hopefully, it is one the can expedite your trade.
Regards,
AWM15
HAPPY BIRTHDAY GAIL!
MAY GOD CONTINUE TO BLESS YOU
ANTHONY
LEARNER1156,
Gail has asked me to tell you that she is locked out her computers at work. Can you please post that info on her other site. Thank you.
Anthony
Gail,
I have been reading many of the posts on your thread. I am most impressed (albeit not surprised) with the degree of success being enjoyed by some of your posters. Your perseverance and hard work are not only inspirational, but they also reinforce the belief that one person can indeed make a difference. I am very proud of you.
I shall keep you and your mother in my prayers. May GOD bless you and your family.
Kind regards,
AWM15
I have gradually reduced my position to a level that reflects my confidence in this company. Is there NSS related manipulation of the pps? Does the company feel compelled to combat this NSS by raising the A/S and gagging the TA? I truthfully do not know the answers to these questions. I sincerely hope the answer is YES. I do know that some penny stock companies claim to be the victim of this same type of manipulation. They have also taken similar action. Sadly, some of the companies that operate in pennyland are less than truthful. I still have a small position. For what it’s worth, I always thought the Viacom/Nickelodeon deal should have had a greater impact on the pps. Perhaps some of the posters here are correct. The impact of that deal will be felt next year. I hope so. If a short squeeze does indeed materialize and the pps takes off without me, I guess I loose and the shorts win.(Hopefully everyone here will also win)
Thank you for giving me the opportunity to express my opinion
I wish everyone a Happy, Healthy & Safe New Year
AWM15