Working on the big PENSKE project
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This stock continues to fall.
They definitely finished their dig and I would assume results are all in. They are probably on the consulting phase on how they are going to move forward.
It takes time to figure out how much they want to reverse split us, and they are probably arguing over what the new name will be. I put in a vote to change it to Ledgent Prospectors. It has a nice ring to it.
Sorry about that. You will see a wrote a message write after that. I thought I was in another stock chat room when I wrote that.
This one yes I know you have to watch like a hawk, because first indication of it going up is when you need to sell, since it will go right back down.
We are waiting any day now on results from a test drill. I'm not sure how it will translate with price per share if they find gold or other valuable minerals, but the shareholders are funding all of their digs. They have no money.
If they don't find anything, I think they move on to a next location, change their name, and reverse split their stock. This is a likely scenario. This is a very high risk stock. Hype can boost the price though. You will notice that in July the stock rose once they announced they were going to start drilling. If this test sample comes out positive enough to do a more extensive drill, there will hopefully be a nice little bump in the graph like July.
My advice...if you see any profit, take it and run. Don't wait around. This stock could reverse split at anytime.
Sorry, no chance for over night millionaire. I was wondering what all the big sudden increases were over the years as well. They were due to reverse splits. Last one was a 5,000:1 split.
That meant for every 5,000 shares you had they turned into one share. This company has had multiple reverse splits and has changed their name many times. There is a chance that the stock could rise out of hype, but you def. won't be able to retire on this one.
IMO they found massive amounts of gold as well as oil.
Up 50% get ready for explosion.
I'm hoping this stock will get somewhere between the 2 to 5 dollar range this week. Let's keep our fingers crossed.
What exactly is meant by the latest PR withdrawal of Registration Statement ?
Not a bad run today, but according to google finance, stock is still down 44% for all those who were there for the split. We still need some more big gains.
I do not think I have the power to move price per share. I am typing how I feel.
I am not a basher, I am just not happy with how my investment turned out. I took a gamble on a high risk stock and loss. Shame on me yes, but I feel better when I can complain about it :)There is no more room left to bash this stock. It is at the bottom.
Pump away if you can, I want my money back :)
Profits could be made off others with these false pumps. I should have bought in went it was at its true level, which is 0.0001 & 0.0002. I bought in at 0.0019.
I could of tried to invest again now that it is at the bottom and try and and recoup some of my losses before the reverse split, but I just can't bring myself to re-invest. I never sold and will go down with the ship or will sell if I by some miracle I can break even. The pumpers and PR would have to be pretty damn good to get back to 0.0019 though.
Are you contradicting yourself, am I missing sarcasm, or were you referring to stocks of real companies. You said the charts are the only thing that matter, but just early today you wrote:
Yes charts are an indication of where a stock is going, but with a pink sheet with no volume, no real investor base, no revenue or product, ... for such a company IMO all chart moves are Head Fakes.
Even this discussion board is dead. I think we ran out of things to say.
I'm hoping at some point in 2010 they can stage another fake buyout so I can try and get my money back..........
Odds are the reverse split will come. I can't believe this POS was reverse split to $9.00!!!! (with 2 reverse splits months before) Look how long it lasted. Went right back to subpennies.
I will call myself a basher on this stock because I got burned! Fortunately, I only invested 90 bucks, but I'm still pissed :)
PR stated on 11/24/09 that work was underway on site at the company's "LS Grande" property
It is anticipated that the work will take approximately one week to complete.
I would hope that they would have finished by now. They were able to stall us on any kind of deadline for the next PR because then they said:
Upon completion of the survey, MMES will provide a full written technical report to the company with recommendations that will assist management in the planning for the next stage of exploration on the property.
If they stretch this out another week, I will become very doubtful.
Yeah I bought in right before the forward split myself. Almost lost all hope on this stock until the PR's starting crunching out. All the hype a few months back was over the GOTV, but it looks like this might be the real deal.
I have a feeling you are probably right too. It rose too quickly and is starting to settle back down to where it was. Should be interesting when the product launches.
Hahaha disregard what I wrote. I misinterpreted that last line of the latest PR.
Wow, sorry I misread that. I thought the last line was asking the shareholders to liquidate and invest directly into GOTV. He was just restating what they did.
Didn't the CEO recommend the shareholders liquidate and invest directly into GOTV. How would we do that if it is "in house"
I'm wondering if it is the GOTV stock (once it goes public) that is going to take off and this one will kind of just stay where it is. All the PR seems to be focused on GOTV. The CEO is moving his shares over their as well...
I know if one does well they both should do well, but ARIO is flat lined at 0.0001 whiles its subsidiary stocks are on the move.
Sorry that last comment was meant for another board :)
I know it's hard, but if your long you should not be watching this penny stock every day. Wait until they have some operations running. This movement is all meaningless. The shorts should watch this like a hawk.
Welcome back to the subpenny world. That did not take very long
:(
Looking like we will not break .004 today.
Anybody who is still in at this point is probably forced to go long. In February of 2010 we will get matched share for share making the new breakeven point 0.03 (number of shares doubled and price cut in half).
Those holding long, we will get matched share for share in Feb. so really 0.03 is the break-even point. Also, the stations aren't running yet. I am only concerned about the stock when they actually have a business in operation. This is all just speculation movement.
It has to be the flippers who are taking the quick profit. We assume all the risk by holding. I can't bring myself to flip, but with all the subpennies that I held, they tend to dwindle back to nothingness no matter how good the PR's start out.
Not sure if you are long or just waiting for more PR, but I am throwing the dice once again and holding.
When do you guys think we'll get the next PR. I don't know if they drilled over the holidays...
Sweet, I'd rather have the shares in GOTV since they are the ones getting all the attention, and not so much Atlantis Technology.
Dividend shares are different from forward splits correct? Price will not be effected?
They will "discuss" issueing dividend shares first quarter.
Is this an overpriced sub-penny stock? PR has no effect; it just continues to drop.
I don't get as excited as most because usually I get burned or I see a very short run, only to watch it dwindle down slowly to nothing again.
This stock did a 10:1 forward split and has pretty much returned back to it's orginal price. The PR looks pretty solid so I think it will continue to rise, but my GUESS would be that we will not reach the penny by the end of the year.
I would love to be wrong.
The board is supposed to meet today to discuss the future. That is what it said in the PR a few days back. I am not sure if they will post news same day though.......maybe.
I think you are absolutely right. There will be those that will argue the reverse split, but I picked a few sub-pennies, and each have fallen victim to the split. This is the last of my pics and I don't suspect this to be any different.
Zecco Users:
Please be advised that the below securities have recently gone through a corporate action. However, until the Direct Transfer Company pays and delivers the new corrected amount of shares to Penson (our clearing firm), the securities will not be able to be sold online. If you need to place a “Sell” order for one of these positions, please feel free to contact us right away and a trader will be able to assist you. Thank you for your understanding.
REVERSE SPLITS
OLD SYMBOL NEW SYMBOL TERMS
EVFL EVFN 1 FOR 600 R/S
You are not alone. I have the same issue with my zecco. On friday the R/S kicked in and showed my corrected share count and symbol. Today I had my old share count with that same symbol you have now.
I'm trading with Zecco. On Friday, the split took effect and I showed the new symbol.
Now I have my old share count back and the symbol is EVFLXZ. I am not able to trade them and they have no value. Did this happen with anyone else?
I just want to know when I can start b*tching about how there is no update :)
They gave us a specific day count this time, but then they have to analyze the data and that buys them time to stall the 20 30 days like you said.