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TPHM super thin all the way up to .01 could fly here!! IMO
TPHM wants to fly on any kind of volume!!! IMO
TPHM super thin looking to fly high on any kind of volume!!! IMO
TPHM looking great headed toward possible HOD close!! IMO
TPHM ask jumping around like a fish outta water. With any demand this will fly EOD. IMO
TPHM Poised to RUN HARD!!! imo
TPHM will fly with a break of .0018 IMO
TPHM going to fly after it hits all the radar screens after today's action. Should be huge! IMO
TPHM nobody wants to sell at these levels. Should be huge off the merger news IMO
TPHM just broke indra day volume lull. Poised to fly IMO
Dude quick send out a new email... BGOI is dropping like a rock!
OLNK stacking deep looking to make new highs this afternoon imo
OLNK nice volume huge potential imo
OLNK wants to run HARD IMO!
OLNK will be today's next big runner IMO!
OLNK seeing some serious volume right now... could be today's next big runner IMO
OLNK ask getting hammered!
ECMH'ers GLTA! Took my profit and will look to be back in over the next couople days unless the train leaves me. Enjoy the ride to the moon my friends! JRD
ECMH lookin verrrry thin! Could run hard again today! IMO
ECMH L2 going nuts! Somebody dying for shares!!
ECMH my chart can't even keep up! Are we to heaven yet?
ECMH Broke 200DMA Look out above!
ECMH broke 200DMA Blue sky above!!!
ECMH There she blows!!! Fat lady sings!
ECMH 200 DMA at .0013, break and BLUE SKY!!
ECMH has nobody selling cheap! Major run here and isn't even on most radars, so just wait til tomorrow! Should run hard again! IMO
ECMH HOD!!! Top is about to blow! IMO
ECMH .002?!?! Don't sell us short lol! This one is poised to explode this afternoon IMO
ECMH 136MM vol on 750MM A/S Look out above!!!
ECMH Volume is going nuts right now!!!
ECMH adding fuel to fire... looks poised for a big run this afternoon or tomorrow! IMO
ECMH ask getting pounded crazy volume!
ECMH looking for new highs already record volume! Should be an easy 5-10 bagger! IMO
ECMH look at the volume today! This one is going much much higher imo!
SKGO GO GO
MFDI looks like it could close at HOD. Chart looks poised for major move IMO.
JRD
I think the question is less of valuation and more of why this method. Assuming your O/S numbers are correct, why a reverse split at all? Based on your numbers, theoretically they could have realeased earnings and O/S and bam we're on Nasdaq in a flash.
Not only did that not happen, but we get a 100:1 r/s and it's said that 900mm shares will be available post split. If that's not baffling I don't know what is.
Also, if r/s is going to force a short covering, they're going to allow it at a much lower price than would be otherwise.
The only logical reason I can see for such a monumental split number (100, yet originally 250) is to create an incredibly low number of shares, so that the bigger the air count is, the more money shorts have to cough up post-split.
Either way, management needs to post the 10-K soon, as they have alienated many investors and continue to do so with each passing day. Failure to do so would mean one less (me) on next Wednesday. IMO
Best wishes to all hanging on,
JRD
Possible R/S Motive?
I have a hard time believing that the motivation for the announced R/S is what appears on the surface.
First, Furth posts this peculiar message on this site less than 24 hours prior to a post dated R/S announcement - on a holiday weekend no less. Second, typically companies who R/S don't post financials or are in the process of failing, and this company does not fit the typical R/S bill. Third, someone (AYME) seems to be accumulating a disgusting number of shares. Is it possible that the most recent run sent prices too high, for say a possible buyout company, and needed cheaper shares to ensure buyout/possible R/M? Fourth (and no idea on this one) but do companies usually pre-announce a R/S prior to actually executing said split?
Lastly, and I believe most importantly, do companies with exponential sales and earnings growth typically do a R/S for any reason? Ones with zero debt and nearly pristine balance sheets? I have a feeling something is going on here, and I have no idea what, but I'm surely not selling my shares at .13 when I've already come this far. As a matter of fact, I'd honestly rather see them go to zero if this is indeed some elaborate scam.
Either way, this chapter of the SPNG novel makes things even more interesting than before. I'm going to hang on to see how this thing plays out. After all, if all does go through and I'm left with much fewer shares, I still own the same % of the company as before, only we'd be traded on the Nasdaq rather than BB, worth hanging on for at this point if you ask me. All IMO.
JRD
Texans yeehaw! Never woulda thunk I could find a board dedicated to the ATX! S. Congress here. Best of luck to all I've been having trouble sleeping due to SPNG so just browsing now.
JRD
I haven't gotten one yet living in Austin, TX. Typically, the Pony Express is a little slow down here, so I'm really not worried at all about it... maybe I will get a singing telegram or something because of my wait. I think SPNG could afford it IMO.
Best,
JRD