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WillyLizard rumors should never be listened to imo. This is the sort of thing that he and his paid promoter buddies do on what I would call a semi regular basis. His ability to "trade" stocks is lacking to the extreme unless it is something that his clan is being paid to trade. In this case they are not being paid by ETIM so it must be open season on promoting rumors. His source was named as the CEO of his latest pump RGHG, a company which he knows absolutely nothing about, that the CEO of ETIM has a history and M.O. of taking companies and r/s'ing them to crap. According to Mr. Lizard he has known of this information for a week now but kept it to himself for whatever reason. Perhaps he is upset that he chased it on day one, sold for a small loss then on day two missed more than a double in profits. It is things like this that keep me away from the vast majority of wonderful paid promoters and pump and dump artists like Mr. Lizard. From what has been said in his room regarding this subject, I personally dont worry that his SHEEP will leave the flock after he was made an a$$ for speaking of things which he knows nothing.
Wow I dont think there is a need to get that defensive over a question on the float numbers you provided. Just trade the damn thing and move on.
Question on your float numbers there. If you can account for the 26mil and the 10mil, saying there are only 7 mil left for trading, where do the Prestige shares fit in there? They are not in the restricted count to be sure. Are you saying that Prestige is not holding? If they still have at least 8.5mil then according to your math they should be short selling here and on the SHO list. But they arent. Also MBAH now trades at what? Roughly .02ish. Perhaps you remember MXDY, or PLKC, or any number of others that used to trade way beyond what they trade now. Heck, even QBID. USXP, the list goes on. I think when we see the .05-.08 range, it will tank again due to all the people who are just going to sell and take their profits. I certainly hope I am wrong, but thats the way I see it going.
BB could you annotate a chart on APNS for me please, just want to make sure I am seeing it correctly. thanks
Anyone here like COPY?em
pennyprince, The KEY number here is .02. This thing is on its own now and I have a feeling its for two main reasons. 1. They have secured financing and we will see news tomorrow.
2. Prestige is finished buying right now unless it falls below that .02 because of upcoming news.
Please note that neither of these things can or have been confirmed in any way, shape, or form. We will all know at the same time and I have NO knowledge other than whats already out there.
SWKJ Filed 10Q.em
BB he is saying .012-.016-.02 forming a triangle. The only things keeping this thing down are the MM's, Prestige, and of course Mr Nurse. CM Nurse forgot the #1 rule when talking to the public, UNDER PROMISE AND OVER DELIVER!! He never should have said anything about the financing being secured by a certain date, especially one that close to closing on the property in Chiefland.
Right now everyone is waiting for the 10Q and word on financing. We dont have either.
hey oregon, i think the dilution is not far off actually. Unless of course someone is able to buy millions of shares at the bid!
SWKJ Warming up to that "E" next week.eom
Mighty, as per the last PR they have 130mil o/s with 87mil restricted. Leaving 43mil in the float with Prestige supposedly buying the float up and currently sitting on 8.5mil shares already. The CEO of course can not say that this is the case for sure and has no clue what Prestige is actually doing.
Well penny, what scares me is that he says he has no idea what they are doing with their shares, yet the PR came from his company stating the following
Prestige has further demonstrated its commitment to SiteWorks by agreeing to
purchase all outstanding shares in the float. Prestige has already bought
8,500,000 shares on the open market. Their primary goal is to continue buying
shares on the open market until they capture as many shares as possible
remaining within the float. Their secondary goal will be to then convert their
position into certificate form to remove them out of "street name" as shares
held by CEDE&CO to not allow them to be borrowed against for shorting.
SWKJ Update from C M Nurse---
Here is the email I just got from the CEO, doesnt seem like he likes me much!! Of course, I have emailed the company directly via their website, another email address listed on a PR, Prestige, and GFS Investments all before going to him. Kind of scarey that he doesnt know anything about the Prestige buying.
I do not know why the price is where it is and if I can predict price movements of stock and the reasons why I would be a millionaire.
The Chief land financing has not been closed yet. When it is there will be an announcement.
And as far a Prestige is concerned I do not know and cannot confirm how many shares have been bought and by whom.
It is a foreign corporation, headquartered outside the US and I do not knowthe inner workings of their organizations.
We are building a construction service enterprise. We happen to be public. I devote my time to the operations side of the business because fundamentals will cure what ails the stock price. So I do not usually respond to these kind of emails. I simply do not have the luxury to philophosize about something over which ultimately I have no control.(the stock price and the
market. I will but the basics in place. The rest is up to perception sentiment etc.
Read the filings. Read the press releases. All the answers you seek are probably contained therein.
haha SWKJ $2.25, i will take that where i sit
SWKJ I still stand firm by my thought on this one moving nicely tomorrow. Not going to get any cheaper today either. This afternoon will start the buying and should go strong into the end of the week.
you are a peach bb.
yeah i figured that much out, I found the room and its up but it says I need a password for it, thats why I was wondering if its a pay service or something.
hey BB, what is the deal with Bills room? Is this a pay service or what to join? I have been out of the loop as you know. thanks
Anyone know the deal with UVCL and PLKC? I dont think this is actually UVCL getting the work for the consulting, its just Sean Fulda right? Thanks
UVCL seems to be gearing up for something in the coming days. Over that .0085 channel and its going to move.
SWKJ Today couldnt have been better in my mind. Low volume, PPS stayed solid at .025(32dma)and so the selling stops. I would say by Weds we should all be pretty happy with the movement and PPS.
SWKJ None that I can see if you dont mind holding out for a little longer. I think this is about as low as we will see for some time to come.
SWKJ But that float gets smaller everyday? I have a theory here and would like to get some opinions if you all dont mind.
If I were going to attempt to buy out a portion or all the float of a company, I would not just do that on the open market where my trades showed up for all to view. I would instead call the MM's directly and do the purchase over the phone. This infact could create a demand on the bid side for the key players to obtain more shares before a run to insure profit. This might be part of the reason for the 1k buys to keep the price up just a touch so they are still making money on the phone order(s). The MM's know that most people in this thing are more day/short term traders than longs and figure they can shake out a good amount just by holding it up and not letting it move.
Thoughts/comments?
good work kamkam, you showed them on that ask!!lol
UVCL gapping up on very little volume. still looking for that .0085 break.
CIRT whatever happened to them going to AMEX?
SWKJ thoughts and comments from this past week. Anyone else think that NITE is letting those blocks go through on the bid side as buys? The more I think about it I cant help but think they are. The little 1k buys on the ask side are merely there to keep the PPS up. If any of you have been looking at the individual trades you will see what I am saying. You have a block go through(100k) on the bid side, then 2 to 3 minutes later you have a 1k go through on the ask side, keeping the price up. I know NITE is great for selling at the bid and buying at the ask. Typically if I want in or out I wait for them to be on my side and I get the price I want. And if they arent there, I get nothing. There is honestly no way this thing could sustain the "selling" that has gone on for the past 3 days and still be where we are right now.
As for the Friday interview, it honestly didnt leave me with the best of warm and fuzzy feelings. Seemed like Nurse was stumbling too much over his thoughts and what was going on. Of course this could be in part of nervousness but overall he didnt want to just give information out. He instead waited to be probed for comments. Prestige still has yet to update their website to add SWKJ either.
And the adding of GFS Investments doesnt get me all kinds of excited either. These guys have been part of a few companies that have dropped off the face of the OTC into Pink land for whatever reasons. And they have had the same exact website for years now, completely unchanged. I have to remain some what skeptical until of course it actually starts to run mainly because I own it lol.
Anyone think I am way off on these thoughts? Last count I heard was 138mil O/S and 38mil in the float.
SWKJ doesnt look like I missed too much this afternoon. More 1k buys and more 100k sells. Still trying to figure out how the float is getting smaller with this math. Someone sells 100k then someone buys 1k to bring the price back up. So you take out 1k from the float and add 99k?? Again though, I say float schmoat until we have demand outweighing the supply.
well penny, that I think is part of the Prestige deal, so lets see what happens. Of course, you can get the Prestige Gold Card, whatever in the world that is! I cant seem to find anything to do with it, so who knows, maybe its only for "special" folks that have contact with the company.
NAH Hawk, I want to help that float get smaller!!lol
SWKJ putting me on a liquid lunch over here. Lets do something already. BTW, more emails out to the company that are NOT getting answered.
Prestige buying up SWKJ 1k at a time!! LOL sorry, just funny at this point.
Supply and Demand---Doesnt matter too much what the float is if there is no demand for the stock. Currently there is no demand for a company that cant seem to get information out to investors regarding their ability to move forward on a major project. I have emailed SWKJ and have no had any response in over a week now. Since the date they pegged for closing on financing there has been no word either way. Only had two PR's now that havent done anything for the PPS but help it back down to a horrible level. You all know the building they have the deed for is still listed for sale? And the price they paid for it is almost half what it is listed at? Not to mention it might be kind of hard to sell these spaces to anyone in retail with that SuperWalmart directly across the street. Show me news on the financing being secured and I bet you see a nice increase in the PPS.
Hawk your posts are misleading I think. The float cant be getting smaller when all you have had is selling for the better part of the morning. And the fact that we were up yesterday was kind of misleading too. Did you watch the trading that was going on? You had blocks going through on the bid side, then little 1k buys to keep the price up.
Well think about your math for a second pro, if this Asian company has bought 8.5mil in open market, how many shares can there be outstanding?
Pro, your figures are off by over 100mil on the current outstanding. Yahoo has not updated info since they put another 90mil in the open market. Its not the 2mil in contracts that is what everyone is looking for here either, its all on that building they just bought.
Hawk, I read and understood the PR perfectly well. My point is that they dumped an additional 90mil shares into the market not too long ago so that float is not that small. Not to mention all the blocks that keep going through on the bid side. There are still a TON of shares out there is my whole point. People are talking like the float is magically delicious and just getting gobbled up, but its not quite that simple and quick. Today is over 7mil in volume and we are barely up .005. I want to see this thing run like the wind, TRUST ME!! but as I said before, without the news on financing, this buying up of the float is nothing.
SWKJ, I could be wrong here, but even with this company holding 8.5mil of the current float, its still gotta be somewhere in the range of 60 to 70 mil. Anyone call the TA lately to find out?
SWKJ I like the part in that PR that says Prestige has already agreed to buy the entire float!! HAHA Not quite the news I think everyone is waiting for, but I will take it for sure.
Hawkeiz, while I completely agree with the need to put "IMO" with these posts, in this case its not just MY OPINION, it seems to be the sentiment of the market. The financing was to be secured by July 31st 05. Without this financing, they are sitting on one POS building that is virtually useless to them. At this point I think the MM's are fully aware of the situation and plan to take full advantage of everyone that allows them to. Why was there NO movement up yesterday morning with nothing but almost 300k in buys? I have sent the company emails and have yet to get any response, not even an auto saying that they got my email. This ut could be the PR sitting there waiting to be released or it could just be to claim a few more bagholders until the company says something.