Get in early, get out early. Take profits
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I said the freezer because somewhere in one of their filings they mentioned how it cost little to maintain the auditing and keep current on the filings. I would say, though, since it's in the freezer they must be doing well in their other endeavors. They can afford to let this sit idle. We've all seen in the pinks how easy it is for a company and its management to make a little quick cash with their equity holdings. It's obvious to me they don't need a little cash right now and are waiting for better opportunities.
Thanks for the comeback and the dd. I've been doing some digging but nothing to report yet.
It doesn't look like people are ready to pay .0002 for this yet.
Here's Ed's last post on SKYF:
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=35968935
See you in the am.
Did you see this the other day?
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=35790809
Thanks Ed. I've had my eyes on that but am not in - made no sense to me.
Thank you for the information. It seemed odd to me after all the time and effort that they would abandon the wallst.net business. It's good to know they aren't. Thanks again.
Here's a link to a list of them:
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=35785053
I referred to him as "the pied piper" the other day.
I think this one was on the front burner for a short time before being put on the back burner. It went to the refrigerator and now to the freezer. I was really hoping something "real" and good would happen here. At this point I'd take a typical pink p&d, hopefully take some profits and say goodbye. Unless there's some pr, which they don't have a history of, we won't learn anything until the 10q in April, if they even file it. I do believe, though, that any news would bring the market cap up on spec alone. It's pretty low right now.
A scary thought. I talked to a young wall street hot shot a few months ago who said that all the toxic credit default swaps that had been written in the last year or so were basically worthless because nobody could pay them. I also read somewhere that in the U.S. Constitution it says or implies that contracts can be voided in a crisis situation, in the interest of national security. It's sickening to me that instead of funding projects in the public or corporate interest they were basically betting on how many lines were in the parking lot at the MGM Grand, or who's business was going to fail first. Bet that Lehman is going to fail with a cds, then short the stock. A brainless way to make money, in theory. These guys live in a cocoon. I don't think we are going to see any butterflies, though.
It's interesting to me that in the two recent press releases there is no mention of the wallst.net businesses. They used to mention that in the boiler plate section "about Financial Media Group." It hasn't worked very well for them and maybe they are going in a new direction.
Thanks for the reply. Good to know.
I'm happy here. Thanks for the dd.
I agree and took another little bite late Friday.
I've come across a few, like ATNO and PLBI but I think I'd be forcing it if I bought one of those. PLBI is super thin and no info. Atno I might nibble on if it opens down. Everything else that looks good I missed. I don't buy them if they're already up 5 or 6 X.
I've got some music going and looking at charts less than .01. Slim pickings though.
What's up? Searching charts here looking for goodies for this week.
Thanks for updating the ibox. Does anybody know about the two 50 million share classes that appeared when they amended their filing with Nevada in October? I assume it's some type of preferred.
The thing about RMTD is they had to dilute to pay debts and have about 300 times as many shares outstanding as they did back in November 08. Their share price isn't 300 times less than it was then so it's market cap is actually up since November. There's a lot of fat there, imo. That doesn't mean it won't go up from here, though.
You can lookup stuff like that on www.whois.net. Don't forget there's still some confusion on the symbol SKYF which used to be Sky Financial Group. They were purchased and the symbol went unused for a while. Yesterday Yahoo finance posted a story under SKYF.pk that refers to Sky Financial.
My chart studies gave me a buy signal 1/26, a sell signal 2/12, a sell signal 2/20, and a sell signal 2/26. These are trading signals, not "investment" signals. Again, to me the long term chart is bullish assuming no mass exodus.
I don't either but my chart studies show the possibility exists. As long as it doesn't go there in one day in a mass exodus it would be a terrific buying opportunity
The chart looks a little weak short term to me right now so it wouldn't surprise me if it wandered around a little bit here. I don't think there will be a mass exodus. Since it's "in play" and has been over .005 there will be people on the side looking to get back in. IMO it's a good long term chart as long as it doesn't fall below .0015.
Next week I think will be pivotal. We'll see if the recent volume was leading to a wakeup, or whether more patience is required.
I'm looking forward to next week's action.
I'm looking forward to what next week brings.
I just nibbled, a small bit of that last trade, filled instantly.
I nibbled just a bit more.
I like it.
The news listed on Yahoo finance about "Skys Adams named interim CEO at PVF" has nothing to do with this company. It refers to Sky Financial Group which used to have this symbol.
IMGW back to .0001 x. 0002
The thought that something might happen made it go from -006 to over .02 with no public info at all last year. So I agree: anything to get a little interest here.
News today:
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=35902755
With a nice bump in volume after.
At least they are honest about it. Management does own over 50%.
True but if you don't answer the phone quickly, making customers in trouble wade through endless menus, and sound like you'd really rather not be servicing them, they will go elsewhere. No amount of marketing, advertising, or testimonials will overcome that negative. My membership was always sold at a slight premium to my competition and customers are happy to pay if the word is out that you provide prompt, professional, and courteous service. If your customers feel their service couldn't have been better they will happily pay a reasonable price instead of shopping around.
Your welcome, you pied piper!
I'm not kidding.
Marketing won't do that. Everybody says "we're the best." The proof is in the pudding. You have to be there when needed and cheerfully provide the promised service.