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potential rocket is why i wont sell this position in fecof...............but the potential is further away from us than its ever been since becoming a service contract and then getting Rammed by the commie chinese...............i still hold out a 25% chance as of today and therefore justify still holding onto it for now.
I dont think i can find another stock that if the hurdles were cleared would do better than fecofs 1 penny to 1 dollar scenario........i dont see fecof going broke without it but it might be forced to sell its shares in fep.l if the future doesnt progress well.....and then you will have a dog stuck at .004 with a cash burn........hopefully not
but stocks like netflix back in the day 6 years ago at 13 bucks when you became a subscriber instead of the shitty blockbuster alternative.......has now ballooned well over 400 bucks............and all easily found using the peter lynch method.........not many opportunities like that but they do come around...........look for small cap to mid caps with huge growth..........I like "silc"<high growth >...I would also consider "mvis" if it drops under 2 bucks.tomorrows earnings might affect it to swing....but their tech is top of the line and will revolutionize projectors...from your own cellphone....samsung deal...etc...stay away from pump and dump micros in general though.....
next time you look for "potential" you have to really compare the "risk" side in the risk/reward scenario and this is pretty much all or nothing here with a slither of revs to stay above bankruptcy without sc72
do what i did.....i consider this a lost investment without ever having sold it,,,,,so if something positive actually happens i will be pleasantly suprised.....like having a lottery ticket i forgot i purchased........in the meantime i will no longer average down as this is too much of my portfolio already and i should have been diversified with stocks that go up monthly........not dead doggs for years......i passed up tesla at 35 bucks last year to add more shares to this effing position thinking 1.50 was a good price for fecof.....NO MORE
I was lucky to having researched pot stocks 6 weeks ago and was lucky enough to have singled out nvlx.....got in at .13 and sold today at 39 cents.........damn thing is on fire,,,i probably will regret selling it.........Ive been focused so long on fecof i forgot how good it felt to actually make money on stocks.....200% move short term..... I will continue to focus on momentum stocks......fecof is the opposite right now
I'd rather end up buying more fecof at 5 cents if a deal was being agreed on rather than throw more money into uncertainty....I'm not saying SELL........but f*ck me for throwing good money into this dog that might never even bark again......if it wakes up I still got 3 million shares but i'm not waiting on this B*tch any more.
if i remember correctly.......they have like one guy as head market maker for like maybe 50 penny stocks.....so they simply arent active until there is a newsplay or "in play" moment where they can act like the book keeper and match buyers with sellers to just make the vig <spread> profit..........once this becomes active their out of the money spreads will be meaningless as active spreads that day come in.
it is them who chiped away 150 shares on someones open order just to discourage them for upping ahead of their bid by .02 pennies.......if you want to see a full execution you have to place a limit order in between their bid and ask
i agree....
I actually got in on this at 13 cents 6 weeks ago........i was searching for a marijuana play.........down the list i only liked nvlx because it didnt runup yet,,,,,had a good base above 10 cents,,,,,and was showing spikes of big volume weeks earlier which tend to signal a much bigger move in the near future....having the drug play was the cherry on top.
Volume seems to be the best indicator above all else..........supply and demand....and the demand is VERY STRONG.
with this new info of restricted shares at .25 <27 mil investment> 15% of the companys value> pretty much means this stock will always be going north of 25 cents unless the trials go bust..........which is highly improbable with earlier results.
So at 33 cents......you are paying just 8 cents more of what you should consider its most recent ipo price............my way of thinking is out of the box and not within normal research but it works for me.
i agree....
I actually got in on this at 13 cents 6 weeks ago........i was searching for a marijuana play.........down the list i only liked nvlx because it didnt runup yet,,,,,had a good base above 10 cents,,,,,and was showing spikes of big volume weeks earlier which tend to signal a much bigger move in the near future....having the drug play was the cherry on top.
Volume seems to be the best indicator above all else..........supply and demand....and the demand is VERY STRONG.
with this new info of restricted shares at .25 <27 mil investment> 10% of the companys value> pretty much means this stock will always be going north of 25 cents unless the trials go bust..........which is highly improbable with earlier results.
So at 33 cents......you are paying just 8 cents more of what you should consider its most recent ipo price............my way of thinking is out of the box and not within normal research but it works for me.
have you guys considered that in the last 5 trading days this stock has more than doubled and today is its retracement day of just 10%??most stocks drop 25% after a fast 100% gain....if not more
if thats not a show of strength I dont know what is.
if this stock was hitting all time highs with only slightly above volume i would be skeptical,,,,but this volume and at its peaks has been recordbreaking for this stock <within this stocks history>.
its almost like this volume all at once made the stock go higher at opening and closing the previous days..and the middle of the days it was basing........so basically weve already based here the last 2 days around 33 and will go higher again soon....likely tomorrow....the volume matched yesterays volume.............today is the only day it didnt surpass the volume of the previous day...but considering we are talking about 40 million shares,,,this is a serious investment here.lots of new money/new investors......momentum investors...story investors.....weed investors and so forth.stronger hands.
best of luck
just look at the market cap and then look at the marketcap of this stock today which i will link......and just see what value is given and how much a stock can move with good trial 3 results,,pre fda and pre buy-out http://finance.yahoo.com/q?s=ITMN
call me crazy,,,,,,,,,byt i think nvlx is the lower risk play at this stage with such a low market cap roughly 200 mil........not 3 bil
firt 10 minutes was 5.5 mil shares up for the day
second 10 minute interval was 3 mil shares down 5%
this means we will finish up for the day.......just my gut feeling
market maker decided to buy it all up at open and balance it on the way down.....shorts will bring it back up again..
i could wait til friday for 50 cents.......no rush for me
this just traded 5 million shares in less than 10 minutes of opening.....and up so far today..........it will finish up for the day as well.probably up 7%
john mike....i dont think we need any warning of that kind.........a correction is inevitable....and then it will continue to newer highs....
what people should be WARNED about is MARKET TIMING................who wouldnt have sold at 30 cents yesterday if they were trying to MARKET TIME this stock.....why not take 50% in 3 quick days?,,,,,,,,,,,,,,,,,simply because this has sprinters legs and it has a marathon still to run..........i can go to the beach for 2 months straight and look back....i wont say....damn.i should have sold at 39 cents and got back in at 34 before it went to 50.............
first of all........... everyone is a genius in hindsight............especially on this website.......Do everyone a favor and drop the Market timiming crap.........unless youre trying to get out of a short position and something and are playing the poker face.
anyway...good luck to all.
Peter Lynch........one of the greatest of all time coined the word multi-bagger...................and the way you do that,,,,,,a 20 bagger and so forth,,,,,,,,,is to let it ride and now what its target is in 2 years
i did ando...but i bought back in at .26 when i realized the change in momentum this time around......its not good to chase...but when you know this will easily be a 300 mil market cap before fda approval.and more than twice that after...its justified to buy it on the way up
how can you not smile when you look at this chart.....its just parabolic.....and it ends the day with the highest volume push for the day at the highest price of the day......I'm a reasonable guy and say a pullback has to happen soon........but you just cant deny a volume chart with this much strong buying behind it.......it doesnt look like it will be a negative day tomorrow...............to the contrary i have to predict at least another 10% gainer tomorrow.......
unless some institution has a strong sell limit at 40 cents.....i just dont see this thing being stopped yet........and the damn sell shares are just being gobbled up.........must be shorters on this stock and they will pay dearly....because even if this drops back to .25 i wont sell and there wont be any margin calls for us either on this baby so its got strong hands.
interesting.....
i think one times revenues would be where the analysts would peg it......once they have earning and revs after fda 3 approval.............so you can argue a 1 bil market cap within 2 years......2 or 3 dollars..........10 bucks seems unrealistic but tesla is also bucking valuation realities so who really knows
its starts with ONE stock
and I dont know why
it doesnt even matter
how hard you try
keep that in mind
I designed this rhyme
to explain in due time
ALL I KNOW
Stocks are a valuable thing
watch them fly by as the pendulum swings
whatch nvlx count down til the end of the day
the clock ticks SHORTS away
ITS SOOOOOOO UNREAAAAAAAAL
i checked out that link you posted....this band Licoln Park also bought eltp ...and they have moved more than 300% in 4 months
good arguement buldurham.............so whats your price target? for nuvilex? what market cap do you give nvlx on the pre anouncement and what price target post fda approval?
thats fine Joe..........conversation is good....it should validate why you continue to hold nvlx.........are we pigs to be slaughtered today for not selling at the high at the end of the day??? I would argue not.
I have a "target price" where i will sell...my target price is a conservative "above 90 cents and more",,,,,,,simply because """ if approved""" this drug can bring in a billion a year in revenues and more....<for celgene its brought 10 bil in 10 years>....and therefore this market cap would still be modest even at 500 million dollar market cap......
the fact that this closed at its high on the strongest push of volume< at least this year if not EVER. simply means the odds are in favor that this will continue higher towards its target of .50 cents pre fda approval.........and over a dollar after anouncement... or to 5 cents if not approved....which i strongly doubt.
just my opinion ....good luck to all.
that doesnt even make any sense Joe........
common sense shows that penny stocks trade more shares on news days since i can buy 5 times as many shares than i could buy a 1 dollar stock.................compare market caps with companies in nvlx field and situation....beginning 3rd phase/stage....that is the right way to do comparative analysis
fep news of a nice production flow from galoc will help its stock stay at the 70 level i hope..........that wont change fecof much..........just look at nidof with a 22% stake in galoc and a positive looking diversified farm-in portfolio, and yet the stock hasnt budged other than lower.............
we are holding fecof for the rocket it could become.......the day china rammed the surveyor ship 3 years ago was evidence that this stock would be in limbo for years and we were in denial about it.........i wasnt in denial as much as the rest of you but i still added on the way down............oh well.......hopefully they meet in the middle as a co development just to get it done and maybe we could see a decent return......otherwise you'll need to wait a decade before you see 2 cents again.
the news wont come out of nowhere.......it has to come thru diaologue with the two political parties and maybe the us navy will hasten that.
.0234 at close and up 234% thats some strange numerology going on there.....did they make a deal with the devil? so if you get clients who havent paid you a dime .........you are somehow worth 200% more? people.....go home and watch the "boiler room" movie.......this may still go up but will ultimitely crash hard......although you cant underestimate the stupidity of the momentum investors....i bought this in between and made a fast 20%.......how many more like me have this higher expecting a bigger payout..........these momentum investors will get burned....this may rise another 10% at open and then crash 35% for the day,tomorrow............good luck to all you gamblers.
go look ath their website for this subsidiary........looks like a kid made it yesterday on a free website and they dont even have complete sentences in their summaries.........its a scam.......they actually have a comedian running the "pot" subsidiary.........I guess the joke will be on the last ones holding the bag on this scam stock...........i'm just not sure at what price the big dumping will happen...........at least medbox had a product...these guys just claim to offer managment services for this field............what management???? you dont need a "manager" to give you a bank loan to grow your business.
I must admit it was a smart play on their part to give this illusion of being a pot stock play as that instantly drives your stock up temporarily by 200%........they will then sell some of their company shares.or even the founders shares at these uncalled for inflated prices.......watch it unfold......I am not short....i did daytrade it and im out........watch this go to .017 tomorrow when articles reveal the scam stock that it is.
definitely a base here short term at 1.60...........and looking to break 1.90
today it seems to be basing above the 1.60 mark and slowly making a new bottom to potentially jump higher from there.
what this company needs for swing traders to stay in this investment is a contract anouncement from one of its other two subsidiaries.....or a buyback anouncement to make this move legit.
are they highering any new engineers?? the ones that went with the sale of the sensing company..........were they the same ones working on the other two sub depts? that could be problematic if so.............but they'd have to be outright fools to have done that.
anyway........this wont hold short term here if theres nothing brewing in the other depts..........the milestone payment says there has to be some commercialization reached......sales related i guess........and that could be a looooong time.
today it seems to be basing above the 1.60 mark and slowly making a new bottom to potentially jump higher from there.
what this company needs for swing traders to stay in this investment is a contract anouncement from one of its other two subsidiaries.....or a buyback anouncement to make this move legit.
are they highering any new engineers?? the ones that went with the sale of the sensing company..........were they the same ones working on the other two sub depts? that could be problematic if so.............but they'd have to be outright fools to have done that.
anyway........this wont hold short term here if theres nothing brewing in the other depts..........the milestone payment says there has to be some commercialization reached......sales related i guess........and that could be a looooong time.
100shrs volume and the stock is 30% lower....one million dollars less in market cap on a trade that totals 70 cents..........yup......when was the last time your 70 cents could move a stocks value by a million dollars?
The market maker punishes the open order " bidder" for entering his turf<in upping the bid from .0066>, by executing his 70 cents partial buy and charging him 8 dollars for the transaction fee..... at this rate they will charge him a 1000% fee by the time they complete his full open order.
you gotta love this market maker.........who is this guy? Micheal Milken?
brainstorming:
In looking through the debate of the un convention of the sea and so forth................Ive read thru some articles...not the majority but still some..........that say the favorable outcome to the philipines is not certain as the law hasnt been fully ratified .......regardless of the fact that it cant really be enforced by the un itslef anyway.
The UNIQUE thing is...........that maybe we should be wishing that it finds in favor of china in the outcome of it being shared...............
would that outcome be more favorable to fep.l / fecof investors??
in a weird way I think so............ they would then finally agree to get this done together and share the royalties which is no skin off my back as an investor.
if they find in favor of the philipines it might still get done just maybe many years later ...IF they get Naval support from UN members....etc...
will we have expired by then?? not just the license but the company itself burning cash to pay its boardmembers who dont even show up to work.......will we be diluted to sh*t by then? fep.l will still produce cash from galoc.........but fecof is a holding company....they would have to borrow cash from EQUITY if they can prove there is Equity enough to borrow against. They might do something stupid like give up some shares of fep.l to stay afloat with cash infusions................for how long will pxmff cut fecof a blank check before they call it all in and rape the fecof investors?
just food for thought.......sometimes the outcome/road you are wishing for is not the best or quickest road taken.
in the small chance that they rule in chinas favor completely.........then we will be screwed, totally.
this stock didnt have follow thru like most stocks in a buying program for a FUND...
so what was all that spurt buying about all in one shot upto the 1.80's two days ago?
my guess,,,,,,and i do mean GUESS.......is that its likely that Management with its new cash..................getting word from its ex employees on the progress of the sensing technology and potential milestone payment in the future looks good going forward and therefore the company would be trading at a cash discount to its future cash holdings...........so why not implement a stock buyback program if you felt that.
and if thats the case......their strategy might be to buy it in spurts upto the 1.80 range until further progress.....let it drop on its own and buy another spurt back to 1.80 again..
kind of how aapl just did themselves....they didnt run it up all at once.......they did their buying in stages so it didnt runup back to 550 all in one day and then have it drop on them when they were done buying.
Just my opinion.
question is.......can a company start a massive stock buyback without a shareholder notice or are the REQUIRED to say how much and when? I guess it depends if they own 51% of the company or not
yeah.....i thought about the cash too...............but they are burning thru thatr cash daily..........they dont make money yet..........and may never do.........but definitely somewhat attractive here.......even better at 1.20
i dont want to HYPE a stock just because i own it and that it might benefit me.........................but the fact is for all to see....that we havent seen volume this impressive since 1/22 when they sold the subsidiary and all that chaos was going on..........
this is such impressive volume without significant news other then the fact that this has lots of cash to hold it over and IF they get that 18 mil extra they are waaaaaay below their cash, that the only viable outcome is this goes higher tomorrow.............
will it kiss $2................most likely.......it was in the mid 1.80's today so why not??
if the nasdaq drops 5% tomorrow that might keep this from moving higher, but if there is an institution set on buying this upto a certain price point for their fund,,,,,,,then this will still go higher.
that 18 mil extra means we see 2.40's..........but i dont know exactly upto what deadline we qualify for that.......I assume we are still some time away from that point if and when it happens
possibility#3
If the company sold one of its subsidiary..........then why wouldnt it be open to sell the entire company for the right price.......this MAY be a sale of the company in the works or even a hostile takeover for a company with history and cash in the bank............maybe less likely then the previous two possibilities but still viable.
if so.....why not 2.50 a share..or in that range
yup.......i was right.......a bit early to the party but that simply means i got more drinks at the bar.............and now im drunk with happiness...........
so whay is this moving up so much higher today with little to no news....
besides this stock being a beautiful addition to anyones value play,,,,,,,,,this is either one of two things.
institutional buying from a small cap micro fund for the great low risk investment play it is trading near its cash and growing business....
and / or
the milestone payment looks like its going to happen and thats whats making this go 20% higher on no news.......if that 18 mil milestone payment happens we are talking about a stock closer to 2.50 a share
good luck to all
interesting...................... i guess it wouldnt be the first time yahoo had the wrong figures if thats the case. good luck
FLOAT: 27,644,514
i was writing an observation that we must control most of the float.....................but then i checked the yahoo numbers and they say the float is more like 145mil.......not the 27 mil the board on ihub has posted.................which one is correct? maybe we need to adjust the numbers from this board if they are that way off.
thats a tough call......
buying it just for its galoc holdings can still have you wait a few years to justify current price....but then you get a free speculative play on sc72 and thats a rocket if it ever happens....."key words are "if it ever happens"
just dont invest more than you can afford to lose.........at the end of the day its a "holding company" in fecof...........so if fep starts mismanaging its money it could actually burn right thru any of the galoc funds coming in..............theres always risk, but lesser risk is a given at current prices................good luck
p.s..........you wouldnt be able to scoop up a million shares here in one dose..........it would take like 10 orders to keep the price from jumping above .0075.......just my opinion