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well you have to actually have a number to confirm first, so it isnt really much of a reusable trick.
The real trick was getting the number for you to confirm ;)
For other people who are considering calling, Katie will not confirm the info. The others will.
I eagerly await the 10q.
Did you actually call the TA and confirm my findings?
I cant believe somebody actually listened and called.
going to use my last post of the day in here.
Yes very quiet, but I have come to consider this stock pretty much the best thing that has ever happened to my portfolio. I can consistently flip it and make good short term money using some of my holdings.
I hold the rest knowing that at some point in time it will hit big and I will be sitting pretty.
Board meeting is on the 28th. I suspect we actually wont see a PR before then. I spoke to Paul at length this afternoon and I am very optimistic about the future. I suspect we will peak at close to .0032 prior to that meeting. I expect a sales projection update after that meeting as well as an announcement of what exactly they will do with their cash, which I have been assured they have a lot of :). I would not rule out an acquisition at this point. Paul seems very excited about the board meeting and it sounds like they are talking about some big ideas IMHO.
I look for long term debt to be drastically reduced and some shares to be bought. I do not think they will be buying them to retire them though to be honest with you, but we will see.
I also spoke to him about getting the yield sign gone. He asked me to email the CEO right away and give him the info that I had received from pinksheets.com. So I emailed Steve and told him that they would only need to submit an Attorney letter and a disclosure statement and they would be considered current and the yield sign would go away. Paul seemed unaware of this and actually thought filing the semi annual report was sufficient.
I also called the vegas bbb today and gave them some flack for not replying to my 3 previous emails asking for clarification about the rating. All she gave me were talking points and didnt seem very interested. I am doing my best to get that "F' upgraded.
I also informed Paul that the website had some issues and he asked me to email the links to him, so I did.
Thats all i got. GLTA
because a huge order like that wouldnt sell at the ask and you could get caught chasing it down. If you are selling a big block like that you have obviously decided you want out, you arent going to risk it.
The thing that is different here is that I could see selling at a limit below the bid, but you should whack out all existing bids on the way down. That isnt happening here. These are all going at a price below bid. What would the motivatione be for deciding to pass on all those shares that would sell above?
That is why this is obvious manipulation or some other form of tomfoolery. People dont just say, yeah i will sell for less because I want to.
Can you imagine foing to the grocery store and buying a gallon of milk and having the owner of the store say to you as you left "hey, here is a quarter back because I just feel like charging you less today."
You really think people are whacking the bid when orders are filling at the ask? Sure maybe a few, but I dont think that is ever what brings a stock down. People by nature want more money. Why sell for less if you dont have to?
We sat at like 15million for a while earlier today. There were no more buyers for the ask. Its not like people just decided to start selling at the bid for fun here.
It just doesnt work that way. Even right now we have a stand off at at .0006 and .0008. Your solution is just simply stay at the ask and we will go up. Well that sounds real nice, but that would take the bidder or somebody else to decide to buy those shares at .0008 instead of .0006. There is a real possibility that wouldnt happen today. So we sit and wait. If somebody wants their money out they will sell at the bid. Its not their fault that the price went down. The price went down because of outside factors. ie zero interest in the ask price.
having lots of buyers takes care of this issue. I see this posted over and over. People sell at bid when their orders are not getting filled at ask. They might see this as signaling a decrease in volume/interest and decide to sell at the bid to get it over with and move on. If they sit and wait it out there is a VERY good chance that the price will start dropping and they will end up getting a lot less than if they just sold at the bid.
Right now we have no people wanting to buy LLEG. We froze earlier and the price dropped and volume went back up. Now we are stopped again. Just simply saying only sell at ask and it will solve the problem is misleading at best.
If that is the case why not just wish for everybody to not sell a single share? I mean just hold guys and put the ask at a dollar. Well people wont pay a dollar so we will just sit there. Is that really a solution for somebody who wants to get their money out?
What we need is something that will spark interest. Selling at bid/ask will take care of itself.
That is what I thought, I just didnt know if maybe it was different at these low prices.
no.
If they were decreasing stores, maybe. But certainly not because they have slowed their increase.
According to that theory that would mean that a deal with like 2000 lowe's stores was built into the price, not 1600 or 1400.
well that was fun while it lasted :)
I just sent a message to ameritrade and asked them why my sell order has not filled yet at .0002 and wanted to know what the pecking order is. They told me that they will submit my order only when the bid is at .0002
Is this how it works? So when people are buying at .0002 who are they buying from?
That doesnt seem right I have sold at the ask countless times.
when people hear about divvys from a penny it scares them. Especially one that doesnt produce revenue. Where are those divvys going to come from?? Yep diluting. I would rather just have the share count stay the same and not have to worry about it.
honestly I would rather they not waste their time. The last two i have watched for this was syndication inc and Gold coast mining and it did nothing for them. Just gave some uncertainty.
There is no reason for them to do it. Just focus on creating revenue.
I decided that I am not even going to watch the price as I have no idea what the MMs will do on a day without news. I have broken down my next move into two possible actions.
1. If fluffy PR comes out, I will sell right away and look for my spot to jump back in as I am almost certain it will go down a decent margin.
2. If it is a meat and potatoes PR well then I will throw a party and dance like a crazy man and put in a sell order at .07. If it triggers I can deal with that, if not I wait for the next big news with a big smile on my face.
Other than those two things I dont feel confident enough in anything else, but I feel very confident in those two moves.
good theory. I will see what I can do here.
I recommend everybody sell their shares asap. This stock just cant seem to break through .006 and then the MMs will take us down to .0035 again.
Gold shmold. Would be better off selling topsoil.
Prove me wrong longs.
Thats the best I got for a stock I like.
I agree that there is manipulation up the yinyang on this stock, but not because of what you just stated.
There is always a buyer and a seller. According to your theory everything should be listed as a buy.
When do you expect that to be filed?
looks like volume has hit a wall here.
yes. Volume would be two.
I dont own this stock, just popped in to take a look. Saw this post and wanted to at least clarify that Pinksheets puts no real effort into contacting them. I saw this warning for a company once and then googled them. Their web address was just the company name and the contact info was right on there. I called and got right through and spoke to several people. Take it for what it is worth.
Actually it is pretty typical for a penny stock. This company is not very exciting. They have no huge score on the horizon, they cant strike oil, they cant land an energy contract, they cant get a patent, etc etc.
This stock moves as its profits move. They arent going to start releasing weekly sales numbers, so we just need to wait and see.
The next PR should be in a week or two and I would think it will focus on sales projections. Then I expect the next PR to be about rolling out a new revenue stream. Then expect 3rd Q financials.
Honestly the stability of this stock is refreshing.
I would say you and I are in the same boat here hooka.
There is a small group that loves to repeat the same things. Thye love to throw out trump cards like "Well have you called the CEO?" "Have you been to the company?" "I have done my DD I suggest you do it too"
So let me respond to some of these.
I have not been to the company. I live in Wisconsin. I wont be visiting the company. I have read what others have said that have visited and I valued it highly. Honestly though it doesnt really matter. Its not like you can walk in and say "Hey JD, can I see the books today? Oh yeah I would also like to see the written contract with Lowe's. Thanks."
I have not called the CEO. I was going to call him, but a friend of mine who I trust more than anybody on this board, called me and told me that JD had just returned his phone call. He ran through their conversation and pretty much covered everything I would want to ask. My friend has also had one subsequent conversation with JD and relayed all of this info to me. I want the CEO of the company I am invested in to work. I also know he cant give me any of the info I truly want. Do you guys want me to waste his time just to hear talking points?
I have done my DD. I have the CC bookmarked and have listened to some parts 5-6 times. I have read every post on here for weeks. I have read every post on yahoo. I have read pretty much every piece of info available about this company. I have followed the price of the stock and I think I can now see how it is evaluated by the street.
Sorry longs, but the street controls the price of this stock. I love the rhetoric you see on every board as stocks fall. "We are shaking the weak hands" "Testing resistance is good". If we fall below a penny they will say "more cheap shares". Well here is my question. Why didnt you invest every dollar you had when this stock was below .005? If just reading some PRs and calling the CEO is a surefire way to gather this info, why did you miss out so much?
TAKI how can you keep adding shares? This makes no sense to me. The more I think about it, we may have just identified the flippers. If these die hard longs who KNOW with absolute certainty that EXPH is a sure thing. Where does the imaginary money come from to just keep adding at .013-.014? Why was this money not invested at .003-.007??
That would basically mean that you have seriously changed your mind on this company in the last few weeks. You are now willing to invest money at .014 after seeing the stock drop, but you werent willing to invest at .006 when the stock was climbing?
Now I get it. It makes too much sense. In fact it was so obvious I cant believe it took me this long. The only people who would buy at .014 and be thrilled, but wouldnt be willing at .007 are people who sold at .02, .018, .016, .015. Thanks for the cheap shares means "thanks for letting me flip, again."
At least some people in here, like myself, are honest about their intentions. I have said this before, and I will say it again. If a fluff PR comes out next. I will sell immediately. If I miss out on a run, well then I miss out. I wont have a problem coming in here and taking my licks. I am confident in my prediction that we will dip. I am going to try and take advantage of it. I have also stated I am at my limit with what I am willing to commit dollar wise to EXPH. I wont invest a higher % than where I am at right now, which is already more than it should probably be. Which I admit is part of where my skepticism comes from.
If my assessment is wrong of some of you, I apologize. Obviously not everybody who strongly supports EXPH on here is a flipper. You all have to admit though that the whole "cheap shares" talk really doesnt make a ton of sense.
Please dont post links to posts on here. Please dont tell me to do my DD. Sorry guys the info needed to move this thing higher is not available yet. Hopefully it will be soon.
This stock needs real concrete info to back up the claims. Thats when we fly. No sooner. The street hates uncertainty.
I agree completely. As I said in my earlier post the PR will just give them the chance to manipulate it. People look at the PR and say hmmmmmmm... thats odd, just another prediction. Then they look at the price and say OMG OMG the price went down!! Sell sell sell! Then it is a waterfall effect and the price goes down.
We see the dip. We buy more shares as do others and then the price goes back up.
I think maybe you are confused.
What is the problem? You dont understand that if we get a PR without concrete information I think we are going to dip? I think I said that pretty clearly.
I will repeat it. If we get a PR that isnt clear and has some ambiguous comments, then I think this stock will go down 20%.
The street is tired of hearing about intentions. They want EXACT DETAILS. We can believe in this company all we want. Without demand to buy that isnt worth a hill of beans. So if the next PR is fluff I am selling immediately. I am confident enough that we will go down 20% that I have no problems doing this.
If you think I am wrong, thats fine. If you think I will miss out on a spectacular run because the company will release almost back to back PRs, then fine. I would say you are bananas, but you are entitled to your opinion just like me.
If you think that standard investors dont have a reason to look at the last few PRs and scratch their heads and say "why do they keep telling us about what they plan to do?" then you need to reevaluate the common investor.
Like it or not we NEED the common investor to love this stock too, not just the people who do serious homework. We can feel like we are in the know all we want, but without a ton of people falling in love, we dont get rich. Plain and simple.
Sooner or later we will all run out of powder. I am there. Even TAKI will be there at some point.
Then we can talk all we want about how smart we are and what a great company it is. Without people creating demand and bidding higher what good does that do us? I dont get warm and fuzzy looking in my account and seeing EXPH. I get warm and fuzzy seeing dollars.
The lowe's deal is a huge gold star for this company. I agree 100%. So is the Stanley deal. I definitely believe that gives them credibility. I also really like that some very intelligent investors from this very board have been there and have seen and met the people. That speaks volumes to me.
Dont misunderstand me. I like this company. I think they are legit. Thing is though I have done a lot of homework. Other people who literally just look at gainers and losers and PRs and whatever will look and see that the last few PRs have pretty much been smoke up our butts.
I am 100% comfortable selling my position if the next PR is another ambiguous product PR. I know that the company wont release a PR at 8am hyping the product and then at 10:30 release a PR confirming that the order of 10,000 units is shipping. It just wont happen.
So if they release a PR that says something along the lines of "We are very excited to have made a decision on our marketing strategy for our new product." but never mention what it is, this stock WILL go down. I would sell right away and buy back in for 20% less in a few hours. Then to be honest would probably get that 20% back by the next morning because so many of us longs would snatch up those cheap shares.
We have seen the manipulation on this thing and I will no longer stand by and not benefit from it. I am out of powder and I have no intention of adding any more money into EXPH. I would however LOVE to get more shares. Flipping on fluff seems to be a sure fire way to go with the flow and get some more shares.
That is all I am saying. When a pink sheet company releases 4 fluff pieces in a row, lots of people will get very nervous. Combine that with some crazy MM behavior and I am sorry, we would drop like a rock for a short period of time.
Also please realize my theory here is based only on whether or not they release a forward looking PR. If they release details of who the 10,000 unit order is and how much its for, kcik the tires and light the fires cuz we will freakin fly.
It doesnt matter who the 10,000 display order is to, except for the fact that until they announce who it is there is a lot of disbelief about its existence. Up until now it is starting to look real real fishy. It will also then matter how much the display is worth.
Frankly this company needs a meaty PR. If I see one more PR about this phantom product before something of substance I will be selling immediately and will buy back in on the dip. A fluffy PR will give a great excuse to drop this share price. We have seen the manipulation.
If these 10,000 displays are 400 bucks each and those details are announced, that 4 million dollar order to whoever it is PR will let us fly.
I have learned you have to take the chartists opinions with a grain of salt. There theories always sound real good and they have lots of technical advice to support it, but it really isnt anything more than a guess.
Just scan through all the message boards on here and you can see people talk about resistance levels that prove to be useless, lines that meant nothing, and uptrends that break.
My favorite thing to read are some of the annotated charts. Statements like "If we can stay above this level we will be in good shape". So basically some guy with a chart just told me if this stock holds its gains things are going well?
My favorite is when i see the "We have a golden cross forming this stock is going up for sure." Did you just tell me that we are going up because we are going up? Hey thanks for the advice!
I dont 100% dismiss TA. I understand there is info to be gained from the past, but I can tell you for certain that if reading a chart could predict the future with any kind of accuracy, none of these chartists would ever have a second to spare typing on a message board until they had made their ten billion and retired. They would be too busy studying charts of every company they could find and investing in ten baggers everyday.
So of course EXPH has a chance to go down and it has a chance to go up, the right news will always throw a chart overboard and so will the wrong. One more fluffy PR and we could be in some short term trouble here.
Agree 100%. I am kinda tired of hearing about the new product. I would rather hear about the darn mystery customer.
Those 10000 displays will mean cash, not hype.
I think that means that it will be filed within five days from tomorrow(due on the 15th). This is a quarterly report, so i think I am reading that right. This now makes 3 of the last 4 10Qs and the last 10k was delayed too so it is not like Captain Jim was making too bold of a prediction.
Also the last 2 10q delays were both resolved within 5 days and the 10k was within 15. So expect it very shortly.
Well I had hoped for vindication today, but it looks like I will have to wait.
http://pinksheets.com/edgar/GetFilingHtml?FilingID=6756942
The 10Q filing is delayed.
Some scary good DD on this board. I am happy to be here, thanks guys it is very reassuring to know some very intelligent people are invested in this company.
Tumbleweeds on this board. It amazes me that with this little chatter and so many outstanding shares, the price really does hold firm here.
level 2 is almost never correct for pinks. I frequently notice the same thing.
I hope this is a personal declaration and not a post about EXPH. Otherwise could you please post some reasoning behind this?
Anybody called Karl Malone yet? Maybe he is the seller. Gas prices are going up, he might need cash for his trucking business.
I am confused by what you mean? They said no less than that many. They are actually doing a bit more.
So they own 29,700,000 shares and are divvying 15,579,569 leaving a balance of 14,120,431 shares left in GDSM's hands.
I am actually happy that there have not been a flood of PRs. This float is pretty well locked I think. People know that with the next sales forecast PR we will fly. We will probably move on air too now once that happens. PRs cost money, I would rather they save it so the financials look better or if by chance they do buy shares, each PR is lots of shares.
the dip yesterday was probably a good thing now. I dont see how people could sell on news and bring us down. I am anxious to get some of the mining guys reactions to those numbers on their site.
I guess I will waste my last post in here for the day.
5 whole posts??? Obviously you are incorrect. Maybe 5 posts in here. But You are obviously trying to be misleading. This is my 15th post today, although one probably doesnt show up because it was deleted because I questioned captain jim's motivations for posting in here.
I gave full disclosure of my position in the company and what my actions were. I gave no recommendation either way. My info will prove to be correct. It may end up not even mattering. If profits are solid, it can easily cancel it out as the effects of this have likely already been priced in. This company should be going up as 2nd qtr reporting is approaching. We arent. We have dipped a bit and now are holding steady.
This statement from their 8k probably shed some light on this and we should have expected it.
"On June 24, 2009, Artfest entered into a financing arrangement with Sunny Isles Venture, LLC (the “Investor”). Pursuant to the terms of an Investment Agreement, the Investor has agreed to purchase from Artfest 12% Convertible Preferred Stock from time to time in traunches of a minimum of fifty thousand ($50,000) dollars and a maximum of two hundred thousand ($200,000) dollars up to an aggregate of five million ($5,000,000) dollars. Artfest may, in its sole discretion, deliver a put notice to the Investor which states the dollar amount which Artfest intends to sell to the Investor. The Investor’s obligation to purchase the Convertible Preferred Stock is subject to certain conditions, including, but not limited to, a minimum bid price sufficient authorized shares and minimum average trading volume of Artfest’s Common Stock."
nobody truly knows what this means exactly, but the several million share trade block settlements all at .0016 probably have something to do with this. Maybe they dont though. All I know is come monday if the 10Q is filed I expect an apology. If this info that was relayed to me is incorrect I will happily come in here and eat some crow. I wont be happy about losing out on my investment by selling half at .0017, but I wont have a problem manning up in here.
furthermore I am going to go ahead and assume you didnt bother calling the transfer company. It is so easy to do. Why wouldnt people at least do that first? I will never understand that. I told you exactly what to say to them.
Call the transfer company. They will tell you that they cant give you info. Tell them well I was told it earlier by somebody in your company and I just want to confirm it. Ask them if the authorized shares are 1 billion. They will say yes or no. Ask them if the O/S is 676 million and change. They will tell you yes/no. I just called and did this very thing to verify.
I cant give you a link. You can check my post history on here, I dont just make stuff up. I have no need to.
Say whatever you want about me or react however you want with this info. I am not advising one way or another. For full disclosure I sold half my position immediately and I was obviously stupid in the short term because I sold at .0017 and it closed above that. I will be happy to give out the details of that share sale. When the report comes out and confirms this info anybody who slammed me can give me an apology. If anybody is interested in how I got the info PM me your email and I will email you my phone # to call and I can explain. I dont have PM's because I am just a free account. This is my second to last post for today so i wont be posting in here anymore until tomorrow.
As much as I hate to say it Captain is right. O/S shares is 676,757,367 A/S is ONE BILLION. What a bunch of BS.