is charting
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kind of like 'accretive' no? :)
i have to agree with some of the other posts.
yes the financials were not audited but then again most pinks/otcs and heck even some major listed companies do not have concrete audits. this is a pink and the mistakes pointed out were mainly typos, easily found with some knowledge of financial statements. could there be inaccuracies? sure, but then again there were no outlandish claims either.
they mentioned they wanted to divest of the retail locations, only the physical locations, due to cost. one pr hinted this happened but has anyone called some locations to verify? that would be good.
either way it was only the locations. not the technology or infrastructure meaning others could pay them to use their own locations.
as for the cards i believe rock has a point. some on there state coming soon. last i checked a while back, before the getting rid of retail thing went down, all said coming soon if i remember correctly. do not need store fronts to sell service online. no 100% here but worth looking into.
1wc did not fail, the retail locations proved too costly or whatever. they keep the money transfer technology and network though. again an app is very cost efficient and potentially viable. if ron liked the idea back then and now prior is out of the way why not explore it?
agreed on hydrobotanical. that was to capitalize on the prop which failed so why go through with the loi? would be nice to let us know that but lois happen all the time and are dropped with no notice. whatever. not our main focus but shows they are trying.
and yep they said they want out of the retail side, again would be good if someone called those locations again to check. but everyone loves pictures. just need some of the new ceo holding a phone app :)
yes please call, everyone keep calling or emailing. i did not call. i emailed so i would have it in writing. i posted the email i received. to me that carries more weight than a call as there is no record of it. go ahead and email the person i did, her email was there. they are the listed ta.
they did not provide the float so that number i question but the rest was accurate as to 1 month ago.
also it is NOT insider information. in fact that is the main issue with pinks. when they gag a ta to make this inside info that is not good. the fact the ta is open and we all know this, as you would know on any stock traded on a major exchange as every broker lists this information directly on the basic research screen, is a good thing.
and yes the hydrobotanical thing should be dropped, it is not happening. prop failed so loi was dropped.
because they do not require a new list of officers until july so why take the time/money to file paperwork? though i agree this should be done. i mentioned this at the same time as pinksheets. he updated that website but that one is free to do and can be done by simply logging in. the TA has been updated as well which required filing paperwork and phone confirmation. so not sure why the SOS was not yet. i am sure it will be.
no link, from the ta. if doing dd please call them:
Here is the current share structure for One World Ventures Inc as of today February 11, 2011:
AS# 3,500,000,000
OS# 2,856,553,691
Restricted# 47,895,499
Thank you,
JOSLYN CLAIBORNE
Transfer Agent
Main Office
Pacific Stock Transfer Company
4045 S. Spencer Street, Suite 403
Las Vegas, NV 89119
Phone: 702-270-9646 Fax: 702-433-1979
joslyn@pacificstocktransfer.com
www.pacificstocktransfer.com
they were not before, why not see how few 4s it takes to bring up 5s?
happens. i know its all mumbo jumbo but we crossed that channel line yesterday. today is friday... there was an earthquake / market fall so money is hesitant. pps is riding the top of the line down to support. nice 3 has held and we are still flirting to 4 which is up from the past 2/3 trading we have seen. would of been better if 5 held but still this is expected. normally see pre-bumps then lower volume for a lull. the real determination is if we slip back under the channel or where volume returns. if we see dumping at 3 thats bad, if volume hits 4 and 5 comes quickly back expect that to fall soon as well.
its a game. 4 close today is good, still gives a nice up week. getting over 5 by the end of the month should be all we need to be moving in the right direction again.
btw- speaking of earthquakes and friday... this is an excellent time to be buying for quick moves. and i do not just mean owvi. major stocks that were in up trends but fell over these tragic events, well they will continue their up trends once everyone sleeps on it a bit and gets caught up in better news.
we do not know the float. pinksheets info is outdated, please call the ta. what i posted was recent 1 month ago, have not checked since so it may have changed. please call or email pacific stock transfer, they are very attentive.
our financials are also outdated. we have a 3q waiting on a year end. there is a change in business direction as well though that does not preclude apps and money transfer under another label, in fact i believe that is the new direction?
either way it is hard to judge the company's financial position. however they have always maintained there was no debt which is a good thing.
i do hope you can grab cheap shares and that it goes high enough for us all to profit. some substantial news will be nice to have :)
SS: that information is not the most current info, the site needs to be updated. according to the TA, which is open to the public by the way and not gagged like most pinks please call and keep calling to check, is:
AS# 3,500,000,000
OS# 2,856,553,691
Restricted# 47,895,499
no number on float was given. maybe someone else can get it.
so yes they increased a/s by 1b well over a month if not 2 months ago now. o/s only went up 350k (o/s was about 2.45b before the increase and the other 50m or so was and is restricted)
again i assume here he means to put out an alert, please correct if i am wrong.
as others are trying to point out, please note much of this news is old and may not still be pertinent. however owvi does still have the technology and transfer network in place to do these things.
the news funtank posted is not old, it is new and active. so maybe, as alamo mentioned, ron is trying to relaunch this initiative that could not happen when prior was in control. would be nice no? not saying it involves paypal or anything but who knows maybe the app will make money. crazier things, imo, have as apps...
either way we are seeing green and some momo could push us to a new support. so even if things cool or fall back it means owvi lives to fight another day at hopefully a higher level. lets see what tomorrow brings. maybe we keep building until some news is released. didnt someone say year end statements should be out soon? first ones ron is releasing so maybe after that he can update us on some other stuff. nice if a slew of news follows this volume.
chart update:
today we crossed that monthly resistance sooner than i expected. coming back down may happen, like the last cross, but hope to hold over 3 if not 4 this time. there is only 1 last fib fan and the resistance channel from the last attempt to run now. the fan line is around 18 and the last channel line is about 7. we enter a new time zone near the beginning of april, too far to pinpoint yet an exact day, but if we keep weekly psar below us going in could be an up time period.
we are above upper bb so it may pull back tomorrow, then again by tomorrow the upper bb should be over 5, not like we flew today. so more upward movement may be possible as the hourly shows room. the key is to break 5 on this move and establish that as support for consolidation going into the next cycle.
time will tell. momentum buying would be nice.
they have sold the retail side of this business, meaning they used to have kiosks and store fronts to make remittance from china to the phillipines and other places. this paypal reference is the first i have seen. however the sales of their retail does not preclude this from being true.
they still have the technology for money and forex transfers. paypal would not be interested in a retail side as they provide the retail side of the business. one would think they already have a money transfer service but who knows how that works especially overseas and again in china which is like a world of its own. really, if anyone knows please share with links to back your claims. my point is it is entirely possible services with established brands, such as paypal, could make good use of established money moving networks like 1wc set up and owns. does this mean paypal is buying out owvi? doubt it. but it say paypal charges 2% for transactions in china and they use 1wc network then owvi could make a good 10% of that 2%. we are not talking big numbers here, .2% on a $100 transaction is 20 cents. but add the thousands of potential transactions that could be made...
please note this is all pure speculation. again this is the first i have heard about paypal connection. yet i doubt any would hear of big news before it happens. well except those who buy up lots of shares right before it hits... could it be a pump? sure, still means we go up. the only difference is how high and if it falls. play it how best you feel but volume precedes price.
either way glad we have something fun to talk about again :) see how a little green does that? imagine when this gets back over 10, 20...
i believe he is saying he is buying in tomorrow
this is the continuation of the line crossings i mentioned a few posts back. the lull in between is normal when support crosses a major resistance channel, after crossing there is normally some pull down over the top of the channel line. low volume is good to see then, means it is inconsequential action non-reflective of price movement. basically games to shake shares.
eventually, and the sooner the better, volume returns giving a better indication as to where pps will go. i believe there is one more line to cross over the next week or so, need to check a chart, as our final resistance channel. please note this does not include price level resistances which we all know very well. the key is ending this week at 4+. doing so gives good indication the final resistance will break. we may see another lull but the next move, or continuation, should move much easier.
pretty much it sets the stage for news, or is a pre-cursor most times. if we saw large sells now putting us back under the channel that would be bad. this is good. shows life.
will update again when we are near the line or if volume continues as otherwise updates do not mean much.
averaging down is a silly concept. if you think there will be a move soon be it pr, pump, or just buying bounce here or anywhere buy with that in mind, not to bring an average down. look at them as two separate investments and you will do/feel much better. yes gains offset losses and vise versa but no one said they have to be in the same security.
note- i am in no way trying to discourage you from buying here or not. i do believe there will be a pr/pump/buying whatever that will spark a move here. just saying that if you feel that way as well go ahead and buy. but look at it as if you are buying a stock at .0003, not that you are bringing down an average to X.
there is a big difference in this thinking and it affects how you react to pps moves. the government does not care about your average, they tax you based on what you bought when. you should look at it the same.
buy things you think are going up to make money, period.
it is easier to attract a fly with honey than with vinegar. i am not surprised ron picks and chooses who he contacts and how.he is not required to return any inquires. i am sure people have other opinions about that fact, but then we start a fact vs opinion debate. the fact does not change.
either way the emotions here are focused on owvi and/or their officers, lets refrain from displacing it to each other.
you are correct, nothing you posted would be remotely considered inside information. also the simple fact you have posted it publicly, along with the fact you have not acted upon such information in any advantageous way (which we all know by just following the volume of owvi the past weeks as there has been no significant buys or sells to support an inside trading claim), means you in no way are taking part in insider trading.
insider trading would be, for example, ron telling you he is planning to add 10billion shares next week so sell now. or him telling you, or sharing with you, that there is a buy out offer for the rights to 1wc for X amount (giving a specific amount) that will be announced next week so buy all you can now.
please note the two examples above are totally fictitious and to be used as examples only of what insider information / trading is. and yes they are extreme. a lesser example would be:
we just can not seem to get the new site to work the right way and will not be able to launch on time... again this is made up, we have no launch date and you can not be late for 'soon'
bottom line: thanks for sharing suplex. i agree it is worth holding on to as the chance for up is always there and our down seems to be over. by the end of the month we should be crossing resistance channels so i may check a chart and post one again though with no pps change and low volume it does not mean as much, other than if it were to move again there would be less resistance. our weekly psar did flip though which is great, if this were truly dead it would have forced pps lower until the bid died. we do have support and just need a catalyst to move. question is what will it be and when
sure, first ron needs to update us on what they are pumping... if that site is just a capture site and not even a beta site well we wait. or maybe something more on the gold thing, and dont say that report everyone talks of as with that there is no need to pump, but he could toss out a location instead of country and expected output etc.
until then the best i have is i fully expect them to pump this thing soon and these are just about rock bottom prices which have found support. oh and open ta which is minimal but different than the majority of pinks.
they have stated that a few times as well. hopefully the next release, the first one ron has been in charge for, says something different or he addresses it directly soon.
either way those numbers would mainly reflect businesses no longer the main focus of operations. yes it may clear up money situations but again this is a pink... most have no money only the potential to make it.
dont forget ist. that one definitely has assets in the way of buildings, technology, product, customer base, etc. hard to say what 1wc was worth but taking that out of the equation, as an unknown, i would think ist holds the most value and should fetch at least if not more than owvi is trading for now especially if you only use os for valuation.
so yes i think there is a good chance owvi is undervalued here. but again we need to see some solid data to back this up... however by the time that rolls out pps should easily jump higher than valuation. the questions are what is true value and will it continue up after the initial jump? can not go much lower so even without knowing timing seems safer to play it low than chase it when we know.
they base this off some abstract formula which is subject to change. they did that last year as well. it is not an exact prediction. last year they were off by at least a week, i do not remember exactly.
however they should be coming out with the year end report soon as it will be due. but i doubt there will be much excitement there as we have seen most of the quarters and nothing big happened.
no the thing to look for is any news of business sales but only if they include numbers preferably tied to a buyer we can look into. then it will be this new site updates or other ventures ron tries to use the money for.
if cash is actually generated by sales and they can show profit and activity with the technology held from 1wc going forward then some financials may be meaningful and exciting. also would love to see ron produce or comment on the audit. if he has it, put it out. not like he was in charge and so long as he has a plan to fix things its good to know. if he does not have it well then tell us why prior did not finish it. again its not like he was in charge, dont perpetuate the past. go ahead and play the blame game so long as you level with us
opening the ta was not but just temporary appeasement to me. if more steps are not taken soon its like leaving a runner stranded on 2nd, looks good for a bit but does not produce and runs
come on ron show us the audit or tell us prior's mistakes, tell us about the sales, and update other ventures. now is the time.
ubs has been on the ask since over the summer, they have also been playing on the bid. so while there does seem to be lots of shares there, not that we have had the volume to prove it, i do not know if their presence is a tip off. vfin showing up today and briefly yesterday maybe but we will see.
in theory you are correct, though if something is going to move insiders and the company know first and are happy to move off the ask suddenly which allows momentum to kick in and drive pps higher to the range they want to sell in. then you see slight resistance and they dump some shares. then they back off again letting it move up more giving the illusion of a breakout only to sell even more and put the resistance back in place. it often tries again to break it so they can sell more. if they sell enough a range is found and sometimes resistance is broken. if not they chase it down until they are done.
i highly doubt 4 is that level here. so yes i still think the question is where and when this will go. is 10 to be the blocker? or will they let it push through to 20 like they did last time? if shares were not already out there i may say it could test old highs. there is still a chance but with shares sitting to be sold i tend to think it wont. but again if they sell enough on momentum who knows... could push higher before they try to issue more :)
high volume days here used to 200m+ and that was in the 20s with 2b shares. i see no reason similar dollar values can not be traded now as the raise in as compared to discount in price more than offsets imo
owvi is a pink. every pink, no matter what they do or claim to do, has a pretty much equal chance of popping for small to very large short to longer term gains before falling back off again. it is all subject to timing and where the company or large player sees fit to kill a run. this company is in a state of flux. whatever. this stock is beaten down and waiting for a catalyst to jump it up. shares were added but do not seem to be being sold and the ta is open, most pinks are not. they most likely want to sell shares, fine most do, but this indicates no r/s is imminently likely. so it comes down to timing and targets. will it be moved now or in 6 months? who knows. will it run only up to 10 before a dump or break, or will it push higher to old highs like many do? who knows. but any pink in the 1 to 5 range is normally pretty safe for a good 100%+ gain.
and your post is directed at a user, read the tos. he has and makes sure to follow the wording if not spirit of the writing. there may be other consideration that i do not know of but that is the reasoning. read it without the emotion attached and you will know why it is a losing battle but again they provide the ignore feature
or like most games it was a shake and here we are back at 4. lets take some guesses on volume needed to bring up 5s. i say no more than 10m traded at 4 but at least 5 or 6.
well there goes that theory, back to lingering. whatever ron's plan is he better start to work quick. lets all keep in contact with the ta and make sure that os does not rise
i agree developing a plan is better. but its slower and if they do not keep us informed well how do we know its working? at least promos are visible and immediately impactful. would be nice if these guys could do both, pump something with actual substance for once. would get rid of the fiascoes and bad feelings surrounding pumps... not dumping helps too :) or at least carefully planned selling to not kill runs and pps. i mean if they did that they could keep doing it for a constant stream of money and everyone is happy. dont get it.
ah well, lets up we get a few more updates this month either way and no more shares
not sure about that. i think the question is are they trying to sell them now, or do they have the patience to wait for a pump? i still think they want more for the shares. people are being patient again which is why buying slowed. the real question is what do they have up their sleeves to spark more buying?
i agree. they are not the best but they are not the worst either. as to updating yes that should be done and is pretty easy to do... i have even offered to help them with this before, but one has to take the time to do it. i doubt most of their websites receive heavy traffic and most, other than a possible user of the 1wc site which even says transactions are not to be handled online, do not drive the need for repeat visits. so i can understand not making their sites a focus. in fact i would bet most of their traffic are investors and in a way i am glad they are doing a hard sell online as to why you should buy them. some do this and the over-emphasis on ir is a turn off imo.
also depends how the company is set up. do they have someone on staff to make changes? if not do they contract out? i doubt it is a monthly plan so why pay by the hour to make a 5 minute change here and there? just because you direct something does not mean you have the hands on ability to do it... those who teach right? but really this carries over to many things in the work place.
as the other companies, again except 1wc, were not web based nor really consumer facing it does not matter much. having the right info up is all that is needed for b2b.
now the new site sounds different. i would expect an engaging experience here and so far the bizzs one was attractive for the 1 page it has. too early to judge. but that one better be pretty feature rich and updated as that is part of the plan and its intent.
also nice to see no one wants to sell at 3 anymore. eventually that means the ask gets hit. i know we can say its the other way around that no one wants to hit 4 but as stocks are cyclical that was what was happening. 3 was being hit then it dropped to 2. now it has raised. the moves are small, though percent is decent, so moving from 2/3 to 3/4 can bring a consolidating. if the bid is hit and the ask is not it drops. if the bid stops being hit on the way up it normally leads to pressure and smaller hits to the ask bring a shift.
this stock has never performed as it should though so who knows but that is how things normally work. hopefully we do not see many if any 3s and a few 4s bring up 5.
no because he has read the rules and does the same post once per day and not back to back or on multiple boards. so long as you follow the letter of the law you do not have to follow the intent of the law. it has been reported and apparently supported so the best you can do is ignore and stop responding.
well no it isnt, but than again we do not know what happened to those shares. they are in the os yes but were they given to a promo company in advance of a promotion? have they been sold? were they issued to be given to a new partner or a service provider as payment? we do not know the terms or any money raised.
and either way since they were diluted the spread went from 2/3 to 3/4 so while accretive share value has kind of gone up...
then again if they have not started to sell them just added to the os when they do get sold it may just push pps back down.
too early to tell. best case scenario is yes they diluted that many shares, they have been absorbed, and pps is rising.
second best is they were issued as payment or for future promo and will not hit the market until pps is a good bit higher.
either way much better than slamming us down with 1b shares no?
would be better if he released a pr on this though to let us know the deal. i mean given the history here i think we can take it, no need to be secretive right. maybe he will, by opening the ta he has bought himself some time. but that is fleeting, if it gags again i may not be so inclined to give time/chances.
but for now i am hopeful he delivers something again soon and that pps will try to climb back over that 5/6 hurdle meaning that on any substantial news or volume we will easily reach 10+, then the question is does it slam back under or build a support again.
that is an assumption. we would have to go back and track the volume from 1/18 to now but i do not believe that many shares have even been traded over that period in time. plus the fact pps has almost gone up if we could have held 4 friday. if pps goes up with dilution well then i am all for it.
second just because they are in the os does not mean they have been sold. they may have been placed with mms but not sold yet, they may be set aside to give as compensation for any number of deals in the works, or they may have been issued as payment for bills/debts/services etc.
the point is we do not know. we should know and i hope he tells us. but so far in his small time in charge he has now made some strides so maybe he soon will.
also even if he did sell them there are fees and taxes to be paid so the number raised would be far below that... we also do not know his salary. so even if that is pretty much to his pocket its not an unreasonable compensation so long as it is for the year, not per month :) then the key is to him continuing to earn it.
but again this is all speculation. yes the os went up, closer to 400m actually as there were 45m restricted before, but we do not know where those shares are or how they are/will be used.
we also have no idea how the float is owned.
and even if you are right, here is another view. we had a 1b share increase. we already burned through almost half of it and pps is moving upward... so only a little over the same amount already dumped to go. seems that means he knows how to dilute without hurting pps to me
so no i may not thinking this is a super long term investment to retire on but i do think it will have at least a promising few months as this new situation develops. and yes short term there may be some tough resistance as long term holders who think like your posts look to exit near resistance. in fact that may be even more damaging than any dilution. but i also think this will be run after breaking through so everyone needs to decide on their patience/reward/risk tolerance as there is the chance such resistance proves too strong, but this is the way with pinks and like every dog they eventually have their day. i look for ron to do a good bit of barking before any biting
well so far it has not been all bad with ron at the helm. yes 1b shares were added but he has not yet addressed why. is there ever a good reason? well not for dilution sake but what if he really does use cash, or as shares, to bring us value? too early to tell.
what else he has done:
been responsive to emails from investors. no nothing big was shared but we do not need inside info, just access. he did start to update information about the new direction which is good.
he also said a pr update would come out. yes he was a few days late but not many. telling someone by the end of the week and having it the next tuesday is pretty good. yes it was a bit future looking but it was his first, other than the joint one where he took over, and we need to judge when and how he follows up. he did not promise the moon but set a path to have some compelling news follow.
he also opened the ta. call if you want, in fact please do and continue to check. we want this to stay open and know what is going on. but here it is:
Here is the current share structure for One World Ventures Inc as of today February 11, 2011:
AS# 3,500,000,000
OS# 2,856,553,691
Restricted# 47,895,499
so yes he has more on his list we want to see but he has done some good or at least shown some potential for good. the new shares, even if explained, are still kind of a strike in my book but the pr out by tuesday takes one away. and now he gets up in the count by opening the ta. it is february but still early, lets see what he does over the next few weeks to end out the month.
it has not been much but we have seen some buying interest return and pps was moving the right way, wish we had closed 4 friday. maybe the trend continues and we can hit or even break 5 next week. the higher this pushes now the higher and faster it pushes when real news comes out. still think that will happen
you forgot about the deckhands steve and ron muttering 'wish i would of thought to contact facebook... wonder if they wanted our solar factories or gold mines?'
seriously though nice to have a good laugh here, will be nicer when we are back above 5/6 and can actually talk about real events and direction it may take.
have a good weekend all.
ok checking the chart now, not as fond of making long term predictions as often we need to see how pps reacts to the short term moves.
right now pps has capped at the top of the weekly channel. the weekly chart looks set for a rise though and there is no resistance ahead. older weekly support lines around 6.75 and 7.50
monthly chart has room but can also suggest consolidation will form. resistance is near 15 support well we know where that is and i doubt it falls back to it but it may dip to 2.50 again before pushing up again.
fibs are at (more approximate the further pps is) 2.90, 3.40, 4.70, 5.70, 6.80, 10 and a new time zone starts in march. will be easier to call after seeing how it reacts to that. if it shows up i would be more inclined to shoot for 6 or 7 possibly by junish than 5 as that is the top of the weekly channel and some fib action. though ling term it may try for 10 but there is heavy resistance there so 14 may be pushing it.
daily has some room but is pretty high, it may carry this momentum a bit but should settle. the hope would be it can get over 4 and find support there claiming a higher weekly support line. seems more likely though that it consolidates in the 3 range for a bit.
is anything scheduled for say april? seeing a crossing there which could make that mid to upper 3 push through 5 to 6 or 7 as mentioned.
hourly is showing a chance to hold here above 3.60 but its heading down. next real support should be around 3.25
really hard to tell after such a big move takes place. needs time to settle down first. always possible it just jumps again. a flag could form. resistance could break for a dip then bounce. just hard to say as this is a volatile time. best to take some profits and see what it says in a few days or so imo.
hey man sorry, did not mean to sound rude. yes many strategies work i am just not used to the sub .001 plays. though i do not believe there is anything under .0001, it goes to no bid then. so if 2 breaks there is no lower it can go.
and there have been days of virtually no volume before. it happens. at least we know they are not diluting :) and yes that could mean down, though 1m does not indicate selling. more shows no one is stepping up to buy but people are happy to take the bid. could be a quiet waiting period. more undecided than an indication either way. we will know if we see higher volume bid hits, or on the other hand news/buying. right now its a wash. nice that the ask is not stacked though and we know it pushes easily to 4 with a little buying.
now we need something to cause buying...
congrats man, glad you held on for the big move! i actually missed it... was so busy playing egypt bounces this week i didnt check when it hit my low 1.30s target and apparently did not have an alert set up... ah well. also figured we would not get this news until closer to march. missed the 1.50 consolidation signs too. thats what happens when you stop paying attention to good stocks. but better to miss a party than choose a bad one right? next time.
as for the other post about getting in now, i am sure kv will have a solid future going forward. however it is normally better to wait for a cool down rather than buy the height of news. i have not checked a chart in a while here but this normally happens either later in the day or the next day, does not seem to be happening yet, with a quick dip then a continued rise, or it takes a few days before they shake it down to a support, consolidation, then up again.
so bottom line if this is a long term play anytime should be fine, if not then i would check for a new support level and wait for a dip. doubt its going to sink back to numbers from the past year but is 3.50 a support? or 3.25? maybe it even tags upper 2s on a shake, might even end up 3.75 is the new support but better for that to establish before chasing imo. unless you think this will just climb and climb until its over 5 or something. always possible but i prefer to play safe
nah its friday and nothing is going on. why would there be volume? let ron show us something to bring volume.
almost a month now from the last pr, people are waiting for some new direction. should not take alamo's searching to let us know a new website is up. yes it is not finished yet and maybe he is waiting for it to launch but could let his investors know he is working... something.
not saying it is or it isnt going to 1 or that selling or buying at such time is a good idea. however even if it goes to 1, unless there is no bid, getting 1 is probably very difficult. yes you 'could' buy twice as many shares at 1 than at 2 where you are selling but is it worth the fees and time?
sell 1m shares at 2 you gain say $190 (assuming $10 fee)
buy 1m shares at 1 costs $110 (again assuming fee) so you are plus $80, again if you can get in at 1...
just thinking out loud here. anyway i would really hate to see that 2 wall fall.
here is the excuse of the week: technically the week is not over until sunday so maybe ron plans to update over the weekend :)
still strike 2 in my book. though he does have a few more hours and i may count it as a foul tip if we have news before market opens monday morning. very disappointing. yet again why even mention if you are not going to do it? not like we asked for it, it was volunteered to an investor. he didnt even use words like 'hope to' or something, again just silly.
yes there is no news, big strike 2. well the day is not over but i doubt we see any.
though this idea makes no sense. the only way to get them to do something is to sell? but if someone sells they no longer care what they do. so how does that help anyone? not saying people should not sell, just not sure how selling will make the company 'do' something. selling means you give up on the company so selling to bring about change is silly, sell to move on.
and yes some have stayed, but some have moved on. so not all have just held through the crap. and if this references me, which many of your posts do but stated in such a way as to be 'vague' i never said i would sell if x did not happen. no longer caring is not selling. or reporting a company is not selling. i am not interested in getting out with a few bucks my shares are worth. i make more than my investment here is worth each week in other plays. dont care if that sounds like pomp, i am comfortable knowing its true. its sad this is worth so little but again the few bucks i would get are not worth the sales atm.
no the threat is other action and ron is well aware of it. in fact holding just keeps my interest. it would be so much better for owvi if i or some others sold. then we might move on and let this go. by holding we are here and pushing. the pushing gets harder whether you see it or not. so you should be glad we hold as what we are doing behind the scenes does much more than these posts.
i would still prefer the outcome to be seeing owvi take action and bring back value. again, strike 2 for ron. he has much less leeway than prior did, fair or not that is my mindset and again he knows this.
also saying i think this will move or get a promo etc by february does not mean on 2/1 its game over, it meant the month of february. so if march gets here and we sit then this point has merit, not today. then again he may strike out long before this month ends. and again 'sell' was never mentioned. might happen but not mentioned. mass selling may in fact lead to the need for an r/s while now there is still a better than not chance they try and pump to sell those new shares. so its in everyones best interest to hold like it or not. .0002 a share? no thanks. no point, but he does need to do something to get people to add more or take initial positions. stagnation sends just as strong a message.
sorry do not mean to be a downer just do not want false expectations out there to come back and haunt us.
i know it was only private email but lets focus on ron coming through with his words to have news out this week. that is a good first step to look forward to.
also we know shares were authorized but we do not know why or when they will be added to the o/s. so long as they stay out of the o/s they just represent possible dilution and since they need to vote or preamble to authorize shares really do not make them any more imminent being authorized. not trying to say more shares i anything but bad news, but if we get official word they will not hit the o/s anytime soon that is better
feb is here now. we have only had unofficial contact but the promise is there to have official word this week. so he has bought himself some time. if he comes through, and the word is not total bs or at least sounds good enough, he may buy himself some more time. it has not yet been a month since he took over, well depending on what timeline you go by, so a little more tentative time can be granted. but we should not be sitting around waiting for the next news to be some quarterly report likely to be the same as the last.
hopefully ron gives us something good to talk about later this week.
i believe your timing is off... prior did not step down until the end of the year meaning the next release for 4q is still part of his rule, lindsay will not have any effect until at least the 1q report.
also 500m of those shares were added in that last report, they happened over the summer. the other 1b were just added this month as in 1q 2011. so again not in the upcoming 4q report, and i say upcoming with a grain of salt.
the mary-jane thing as you put it was a loi only, they did not move forward with it. an loi is not even an agreement to buy, just intent.
the sell-off we have no confirmation on timing. did it happen in december? did it happen in january? no clue as to when or what so that may not even be in the 4q report which is the next one, along with a year end, that will be due.
lindsay and 1b and any sales or future moves being discussed now will not show up until at least the 1q report ending in march and with owvi timing not seen until june-ish
that said i do hope there is something interesting in the 4q/year end report but no clue as to what...