Working on the big PENSKE project
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Is it possible to increase momentum on our own.....just thinking
Lets say 5 investors get to together and place odd purchase orders (say 1,000 and change shares) in this stock. This would come out to less than a dollar + whatever your rate is for trades by your broker. I use Zecco so it would be about a 5 dollar experiment if I was one of the participants.
One invests at 0.0003, then another at 4, 5, 6, 7. Since this is a subpenny stock, we would each spend pretty much the same amount.
With little trading going on, wont these numbers show as upticks on the graphs with huge percentage gains. Naive investors who are only watching price will see this and try and jump and ride the wave.
Then you put sell orders in for your principle payments at 0.0004 and 0.0005 or whatever lowest amount you can sell to make a profit.
Is this an absolutely ridiculous idea?
Thank you MoeFuzz.
I'm surprised by this recent spike, considering the the trend the past few days. Wonder if the PR is around the corner with the new expected launch date.
Did they discuss estimate launch date in CC? I did not hear it yet.
When is expected launch date? I haven't had a chance to hear the CC yet.
Good Karma to those who answer :)
No PR, what a surprise......
Just stopped by to check for a PR update. HAHAHAHAHAHAHHA I crack myself up.
Well there you go. I would say the delay of the launch is a definite reason for the dip.
Did they mention when the new launch date will be? This is just a minor setback in PPS.
I did not have a chance to hear the CC yet, but is this usual behavior for the stock to tank immediately after one?
I see that it is climbing back, but I would imagine the CC is supposed to get investors pumped. I do not have the liquidity to sell and buy back in which I should be doing, but I'm just confused why there is such a dip this morning.....
Great, thank you for responding. Good karma for you today :)
Does anyone remember what the price per share was pre split back in September when it was ATNO? I forgot.
I emailed the contact on the website(one week ago), but it goes to a third party investor relations lady. She is as clueless as the rest of us.
I will definitely post something ASAP if she ever follows up with anything.
Hi Scott,
I still have not received an update from management. As soon as one is available, I will update with an email.
Karen Willoughby
Investor Relations
866-365-4724
Are they sticking with strictly internet advertising, or do you think they will do some tv commercials?
I emailed the contact on the website, but it goes to a third party investor relations lady. She is as clueless as the rest of us.
I will definitely post something ASAP if she ever follows up with anything.
Hi Scott,
I still have not received an update from management. As soon as one is available, I will update with an email.
Karen Willoughby
Investor Relations
866-365-4724
This board went from pure excitement to doom and gloom real fast.
Product hasn't even launched yet. Any longs in here? I've seen this stock crash and burn after the split, followed by an amazing comeback. Took a few months to get back here but it is.
I'm holding to see what happens when there is an actual product in circulation. I am a small player compared to most, but it gives me the no fear attitude to ride through the waves.
I am not satisfied with a penny. I want to see 0.03 even if I have to wait another year.
Scary like it will drop drastically back to where it was a month ago?
Or scary like it is going to explode?......
I'm at least glad the penny is holding for more than one day. That is a sign to me.
Wow this is just sounding worse and worse.
The only good thing I can take away from that is that there was some attempt at a drill at one point. I wasn't sure if the whole thing was a lie.
If the drilling company was never paid for their last job, that must explain why we do not have any feedback from this test drill....It must have never happened.
I wish they would lie to us about a second drilling.......that is my only hope to get out of this pos.
This stock has practically bottomed out and the volume has not increased considerably. I don't think there are any insiders. Plus that is illegal trading.
Does this company have a history of reverse splits?
Agreed, it was a long haul with some massive gains this past week to get to the penny. There is no way we are going to do 6 times that in a few days.
Will the penny hold??!! That is the question. Most stocks that I've seen reach the penny crash back down below the next day.
I have always been doubtful along the way and have been proven wrong every time with this stock. If it makes it to 0.03 at launch date, that would be something else....
Where can I get paid to bash this stock? I have been doing it for free and would love to be compensated so I can get some of my losses back.
Can any pro bwnr investors speculate why they have not released PR?
They said in the PR distribution of the divi can happen anytime between now and 3 weeks. Since the PR came out last week, we could get it anytime this week or next week. It will be restricted for 6 months before you can sell BMGI or whatever the new symbol is.
I had a feeling there was never going to be any gold, but I thought there would be more hype. I was trying to play the game of flipping, not actually investing.
I think even a good PR will not save this stock at this point in the game. I think most investors are extremely doubtfull. If they announce a second drilling, could you actually imagine anyone investing more money into this???? Everyone is looking to get out, not in. I think there is probably enough bad publicity circularing the web that not as many investors will be tricked.
Any believers here? I will not say anything negative if you are, but I'm just curious if everyone is convinced now that this was a mistake.
On a hopeful note, I am invested in another one, NGHI that was on the same stage. They will not due their second drilling until the Spring pending on the results, and maybe that is why BWNR is waiting so long. I have my doubts about that company as well. That one has been dwindling down from 19 cents when I bought to 0.08 now. I can see it hitting subpennies before news comes out. I am done with gold stocks after the results come in from these two.
None of that is new info here. Most of us have fully investigated this company and already know we were scammed. I found a huge in depth article all about them during their various name changes.
Our only hope is that other investors buy into this blindly like we did so we can cash out before they decide to change names and reverse split.
Launch date hasn't even happened and already a penny?! Wow I need to rethink the performance. I am praying now that we hit the 0.03 for launch.
I've got my sell orders at 0.0004 & 0.0005. If the ball starts rolling congrats to all those that had courage to hold any further.
Frankly, I don't think we will even see 0.0003.
Sorry Gator, I was being very sarcastic. At the rate they are going it seems like we won't hear anything until February. That is if they even decide to get back to us.
I have lost all hope here.
So do you think those rumors about EWRC buying out Google are False?!!?!?!?
Look for PR mid February. The test drill should be wrapping up by then. Then they have to get the results over to be analyzed and they have to meet with the management firm to consult how they will move forward.
The world will end in 2012 so they may not get to the second phase of drilling by then. Fingers Crossed!!
Brownstone for life - one love.
There is definitely more action going on over there now.
I see you are also over at the ATNP board :)
MarketWire could release PR's with direct quotes from Mr. T on his new chains to get the investors excited for the launch date sometime late September early October.
They can talk about the contracts being signed for production and distribution of the chains.
There is a lot of potential with that idea. I'm on board just tell me where to sign.
I have orders to sell everything I have at 0.0004 and 0.0005. I must be on crack to think I can get that!!
Looking forward to see what the name change will be. Maybe with a new image, and some good PR they can make some gold magically appear in the earth!!!
Brownstone for Life - one love.
Zevotek is mirroring the exact behavior as this stock the past few days. They took a big drop today. Everyone took their quick gains and have moved on. The rest who stayed are now over-analyzing the situation.
I hope this makes a run, but subpennies should be sold. I think this will continue to go down...hoping it will stay strong at 0.005 before PR on launch. Then maybe a penny, but I have my doubts.
I think it will drop some more....We will be in the 0.005's going into the new year.
I think that quote is more valid for stocks on NYSE or NASDAQ, I don't think that applies to pinksheet subpenny stocks.
I don't know, maybe that is just me :)
That is subpenny stock's way of telling you not to drink so much :)
I don't understand how an award show for the existing customers is going to have any impact on PPS, however that seems to be what everyone is clinging to.
I am out 80% on this investment and can not wait for some kind of hype to get this thing moving again so I can sell out.
Only way to make money here is to buy now, which I did not do. I bought at the very top....learned my lesson. I'd rather buy at the bottom and deal with a possible reverse split, rather then chase a stock that already took off.