Classic Pennyland move ...

Two news releases Friday to stir the pot (the news may or may not be true) ... Let the price run up Monday ... Dilute into it Tuesday. Just the company raising capital, folks. Tuesday they probably raised around $170,000 by my rough calculation - it would have been less than half of that without the little news excitement.

Let the wise learn. If you insist on playing in Pennyland, understand how it works. You can cry foul all you want, there's precious little accountability down here in the sewer. You can make money, but only if you know how the game is played, and stop drinking the Koolaid.

I have no argument with your opinion ... we're all entitled to one. But a correction ... Zevotek are not just a reseller. They hold the patent. They may outsource the production, but it is their product.

Phil

Well I've read a lot of theories on this board this morning, but I don't think anyone is saying what is quite obvious to anyone who's spent any time in pinkyland.

This was no panic sell-off. The "Z" went the big "D". Dilution folks. Looks like a small sell order 40-50 million shares. The MM's bought it up, and now they're walking the price back up for a quick profit.

Let's hope that's the end of it for a bit (although you never know). Zevotek just raised about $300k in an hour.

My read of the chart is that it is now channeling. Support is at 0.0012 and resistance at 0.0020-24. (It could yet form a channel on 12-16 ... we'll know within 3-4 trading sessions.)

I think we'll see 0.0012 tested again shortly (probably today). If support holds - it looks pretty solid - it'll come up again. But I can't see it breaking through resistance until there's some more news.

You can't declare a down trend that until 0.0012 support is clearly broken.

JMHO

Phil

Now that's just not kind, Spotty ;)

Folks, All this talk about Peter plotting and conspiring and strategizing about the PPS, and Carnes, and the shareholders is nonsense.

Peter is a car designer ... period. He wants to build a business and he sold stock in the company to fund the dream. He does NOT go to bed every night worrying about what the PPS did today, or how we all feel about it. I'm sure he knows he has a responsibility to SH's, and no doubt feels the pressure from time to time as we email and phone (but pinky CEO's do not feel the same level of responsibility as a CEO whose stock is trading on NYSE - let's keep it real).

He's going about his business. If he is successful he will take great pleasure in letting the world know about it (i.e. good PR's). And the stock will go up (not necessarily related perfectly to real company value, because - again - this is pinkyland.) We'll have a chance to make some dough.

Do you believe Peter? Hang in there while he builds the business.

If you DON'T believe in Peter ... 2 choices ... (1) decide RVGD is a reasonable flipper and buy the 1's and sell the 2's, etc ... OR (2) sell up and move along.

But can we all pinch ourselves and wake up from these stupid hallucinations about Peter's "strategizing" about the PPS and Mr.Carnes.

He's talking about the sign he mentioned yesterday that the office was closed because they were out of town attending a meeting. His post is just letting us know it's back to business at RVGD.

And I guess the other consideration is whether the notice was faxed or mailed. If mailed it theoretically could delay it a day or two in the mail service. So if it wasn't seen by Wednesday I don't think that would mean the sky is falling.

I third the nomination :)

Buy in the next 5 minutes and we'll throw in a set of steak knives!

Another $60 sale. Hilarious!

Better buy 3's quick then, ANT. If we get Nevada SOS official confirmation of no R/S and maybe a PR, those opportunities may be gone for quite some time.

Buy now ... avoid the Christmas rush! :)

JMVHO

Someone else joined you and helped and together you got the job done. Back to 4 on the ask.

Waiting

Those 3's are REAL thin. A couple of buys at the ask to clear them out will take us back to 4 at the ask, and that will drag the bid up out of it's sillyness.

I'm checking the SOS site regularly as of today. And I agree - we should spread the joy.

GM Ciro & all Revengers up this early! ...

Welcome to GREEN DAY #5

Agreed - I don't think a red close kills the great thing happening here. However, a green close would break the MA200 line and make chart look real pretty!

Let's be on the watchout for an attempt to paint the close red.

Busting through the 200 day Moving Average. Niiiice!

2's are gone now!

Get'em while ya can

Nice to be smilin' after all this time, huh Ciro?

Yes I see them now ...

I'm at work, no level II here, so I'm relying on delayed info.

Yup ... accumulation going on in anticipation of official no r/s confirmation and revenue news in the pipeline. I like this solid build!

Spread 0.0002 x 0.0004 - should see a pause here until the bid lifts

It all looks like buys to me

No?

FOX NEWS VIDEO ...

Was I the only one who missed this video report from Detroit on the GTM-R?

Click the link for the video - the Revenge spot is about 1/3 of the way through, when the clock shows 2min 30secs remaining.
http://www.foxnews.com/video2/video08.html?maven_referralObject=3441667&maven_referralPlaylistId=&sRevUrl=http://www.foxnews.com/leisure/auto/index.html

GO RVGD!

Yes, looks like that 5 mill was a sell.

We'll see. Personally I think it will be more a case of increased buying, and a solid build up for a few trading sessions, and then a wait for news on revenue. All being well, we could land between 0.001 and 0.002 based on the reversed r/s (it warrants that I think), but if we then get solid news of orders ... the free-for-all might well be on in earnest!

All JMHO. (Aren't we always just guessing?)

Low volume as buyers sit on the sideline waiting that "official" no r/s confirmation (IMO), BUT very cool to see the buy v sell ratio. Virtually ALL buying. Just 450K sold.

Aaaand .... Loving it!

I have every episode they made on DVD. My kids love 'em as much as I do. Which is probably a good indication of the age level the humor is aimed at. :) But I just don't think they make TV shows like they used to.

Some good ideas on your board. Thanks for sharing.

Hi

I'll see you all again on other boards. I exited my position on BBDA today (at a loss). Who knows, she might still have a kick left in her down the road, and I might buy back in. But for right now I am concluding this is a typical pinky. Fluff PR's. Dodgy CEO. No product. The Piranha sponsorships was the one thing that made this stock interesting, although I never bought the hype that it would drive the PPS up in the short term. People have read way too much into the mention of EESO.

Maybe tomorrow there'll be a PR with some fantastic news, and I'll wish I'd stuck around for the quick pump. But for now, too little time ... too many better ideas out there.

GL 2 all!

Sayonara

I've been impressed that Cap Jim had the cahunas to admit that it seems he was wrong. A lot of people would just disappear. I say we cut him some slack.

JMHO

There's been a lot of sickness going around. I had a few days out too.

We missed you! Glad you're better.

What a difference JMO makes!

Is it worth pulling the price down to save yourself $87 ??? Buy at the ask

I'm glad to hear that's the the last time you'll say it.

He put "DILUTION CONFIRMED" as his message (in caps), with no further information. He was asked for confirmation and did not reply. He is giving the (deliberately) false impression that the O/S has changed.

This is simple bashing, nothing else.

This post needs to be deleted. texasholdem did not include IMO, or JMHO - and that's all it is.