Waiting for the quiet period to end on OPXS, then BOOOOOOOOM
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Webcast put off by a day. They're not putting off a FYI webcast...me thinks something is in the works.
Ya jinxed it!
If I hadn't survived the short attack in June, I'd be panicking right now...
Stay strong...actually encouraging action!
Is there a "set" percentage "down" whereas a short is forced to cover?
Nice house! Just saying...
Um, how big is this?
Where is the letter?
Dumb Question here...
Looking at the live streaming quotes...What's better for a stock to move up, higher number of shares on the bid side, or ask side?
Is this the same Axel of hockey fame?
And one more thing...how many pennies have you been in that are fully reporting and on time reporting consistently!
Gm shell3
Def not on the open board
I prefer via email...
If you really want to delve into some DD (I don't have the time...)
Look into how much Viking Management Group (or some name like that) paid for the company. Viking is run by Merrick Okamoto and is one of the main insiders. If you see what they spent on the company, you cant sort of get an idea as to their break even point as related to how many shares they own. As I have mentioned, the only way the insiders can make any sort of money is that they sell the company, as they are limited to how many shares they can sell per quarter and the amount that they make quarterly has got to be pretty insignificant related to their original purchase price (I'm assuming) at the current prices.
So if someone could figure all of that out, you'd have a good idea of what their goal is as far as stock price is. Goals and likelyhoods are two different things, but I think it would be a pretty good reference price.
The insiders (me being one of them) did not trade at .45 because there was a quiet period in there. I wouldn't really call my group insiders...Insiders to me are the majority owners who cannot sell more than a small percentage per quarter (legally).
ceo, check your email
CEO, just want to confirm that you received my email earlier today...
CEO, private me your email address and I can send you the original agreement, which may or may not help you in your DD.
MY TAKE--
And excuse the laymen vocab on here, but as probably one of the longest term investors in here I'd like to offer my insight...albeit on a logical, not technical level.
I invested in this company probably 5 years ago (maybe more) in a private placement. The offer was at .16 cents a share with the option of purchasing matching warrants at a certain price later on (which turned out to be at .01 a share (last year I believe). If you read up on the filings all of this is in there somewhere...
IMO, there are really only three types of players in this one... 1) The insiders, which cannot sell more than a certain amount in a given quarter, unless they sell the company 2) Guys like me who got into the private placement (couldn't tell you how many shares are in this group, but it would probably be easy to find for those of you with good research skills) and 3) Those who have gotten in lately.
I have watched this thing over the years and there has been very few shares sold/bought in that time frame. With that said, those who got in on the private placement are either out, or my bet is a lot of them don't even know what is going on with it as the person who got them in (my broker) died a few years back. The majority of this group are not necessarily big time investors watching the market, just people who were listening to my friend on a good potential investment (I do have one friend who got out when (my broker) died at the .01 range).
The spread between the bid/ask has always been pretty large and in fact I was very surprised when I say just a .005 range on Friday, even if it was just for a few minutes).
So I guess what I am saying is that there is probably pretty little resistance coming up, as there are not likely many sellers in the .03-.15 range. The people who purchased in the private, if they are still in will wait to recoup their investment, otherwise they would have been out a long time ago...
Hope all of that makes sense. Again, I am looking at it from a logical point of view, not technical...Oh, and I apologize for being all over the place, just typed what came to mind...
The insiders can't sell...Only way they make money is if they sell the company. They can only sell a small percentage per (year??, quarter??) something like that...
I've actually owned this stock for somewhere around 4-5 years (or maybe longer!. I got in on a pre IPO at .16 with matching warrants for the same amount of shares that I purchased. I had a conversation at the time with Merrick Okamoto (sp?) and what intrigued me the most was that the shares held by the owners, or board (sorry, not hip on all of the right lingo)was that they cannot sell more than 1% or something like that in any given quarter, or year, I forget the time frame. The only way that they would make the big bucks is if they sold the company. Again, this was a long time ago, so I don't remember everything exactly, and my broker who got me in on the "deal" died a few years ago. During the restricted time I believe it hit around 85 cents, but I wasn't able to trade during that time frame.
Anyways, I've held on and would love to see this thing go!
My guess is one of the muckity mucks needs some money. I used to be in pretty tight with one of their insiders, as well as my broker who was really in with them. They (medt) needed to pay out some money to a friend of mine and the stock ran for a few days, and then went back down. Not sure if it was a coincidence or not, but the stock ran, my buddy got paid, and then the thing went down again. We'll see!
Have owned this thing for years...
I was in on a private placement about 3 maybe 4 years ago. In at .15 I believe. Had a long conversation with one of their officers before the purchase.
This is what I recall:
1) Since the company is tightly held by insiders, they can only sell a small percentage per quarter, I want to say it was 1% max.
2) With that said, the only way to really make money for them (and that is why they are in it) is for them to sell the company.
3) If my entry price is .15, my guess is they are not looking to sell that cheap.
4) Within a month or so of my purchase, the stock hit in the .70 range (give or take, I think), the shares were restricted at the time, so I could not sell.
5) All people in on the private placement were also given the same amount of shares in warrants. I believe the strike price (or whatever they call it) is .30
Again, this is what I recall, and the numbers may be a bit off, but the info is somewhere in there. Just thought I'd put the info out there.
yA...Huge fee. Would cost me about $800 to do the different stocks i own. Hoping for a plan B somewhere.
Of course they come out with the good stuff after I took some losses!
Plenty more shares owned, as well as warrants. Hopefully, with the war being over, they need to repair a bunch of scopes in their tanks!
I used to be friends with one of their insiders, or someone who was real tight. Ends up he was borrowing from Peter to pay Paul. I have friends who lost out on this one. Not saying it is a total scam, but definitely pretty hokey at times. There are still some outstanding issues that I am working on.
On another note, I have some penny certs (including medt)that I want to take from one brokerage, and deposit in another, but at this time, no brokerages that I know are taking in penny certs. Any ideas?
Yep, and waiting patiently...Could be a while, or POPT may go first...
AGREED
Seriously, I think you will be fine. This company will get bought out eventually, and it will be in the dollars...
Agreed, no brainer, and i don't even need any more...Can't help myself!
It is likely that that was BofA canceling my double order of 20k shares...
Just accidentally did a double order at 20k shares each...Damn BofA! Or maybe not...Long term.
Always had good sources...And it is mostly play money from the last time it ran...Actually, I left 400k on the board last time...easy come easy go I guess. Would have lost it all on the real estate market anyways...
I've been in on this thing for about 5 years (maybe more!) .10+ is NOT out of the question...Just a matter of who bails early. I can't imagine someone who bought a few thousand dollars worth is happy with a double..doesn't do much for me..then again, I got a few shares to play with.
I agree with you, again, when this was SLVO, it flew to .10 pretty darn quick, I wish I had the info of the day to day volumes on that...
.04-.05 EASY
Does anyone have the stats on Silverado Financial(SLVO) when it went for its run? In other words, daily volumes, price, etc? Can that even be found?
Last time it ran to around .10, and I think the news is a lot stronger this time around.
I hate weekends when we're rollin'