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From the same guy (mgplayer247) who once said that this was a "table pounding, monkey screaming buy" - and would not listen to me when I told him it was VERY risky before it lost 99.9% of its value. I warned people at that time NOT to listen to his advice and to invest only a small amount, if any. I am soooo glad I got out before the split. My losses in the company were very small. This was NEVER a company you wanted to risk a lot on because they never gave out any financial data to support that there was any value. All they ever shared in any PR was lies.
"Why would anyone buys @ .003 when the stock will be only worth .0001. I can smell a third r/s split coming."
Unfortunately, that appears to be what is brewing. I hope not.
But there is no sign of any life in this company, and it appears that their only means of generating cash is by issuing shares. Operating a business doesn't seem to be working for them. Though we knew that all along when the company promised full financial disclosure in September 2010 "within 2 weeks" and it never materialized. After that I sold all my shares.
My one mistake was buying back this week hoping this is just a short term panic and there would be a rebound. It still might be but if this is the company issuing shares which nobody really knows for sure, then 0.0001 could be where it is heading.
wow, right back down to pre-split levels. This company is obviously a joke. Time for another 1 for 100? I bet that's coming.
thanks, I told you there was a poster who said he would scoop up shares at $0.04. I am not making this stuff up. Thanks for finding that for me.
I now own 56,029 shares at an average cost of about $0.007 after buying 40,000 shares just now at $0.0054
I believe I now own almost as many shares as mgplayer and I would like this to go up as much as anyone on the board.
Today's action does not look good, I just hope I am right that this is a panic attack that will be over soon. Otherwise I will just be the sucker that bought out those who jumped ship.
But it is less than $400, I can afford that. Who hasn't bet that much and lost at least once?
ooops, I may have paid too much. Now 0.0075 so I have a 25% loss already. I still think it bounces from here. I think this is just some panic selling. When the weak hands are shaken out, I think it will bounce.
Of course since nobody really knows the true value of the company due to lack of information from the tight lipped company, it is anybody's guess, so this is more or less a casino play now. But I can live with losing a couple hundred bucks. It would not be the biggest mistake I ever made. That was when I said "I do".
Load up NOW at a penny! I did, and I am the most bearish person on this board! I think it will bounce. I think the risk/reward at this level is worth a few hundred dollars. Hey it might not work but then for a potential 10-bagger, why not?
You can all LOAD UP NOW at a penny a share like I did. I think it is worth the risk at this point!
I think it will bounce at least to 10 cents. Well I hope so anyhow. If not, well what's a couple hundred dollars among friends?
I just hope they are not about to announce they are closing their doors. It is possible the insiders know something we don't. But then if that is the case, why would they have bothered with the reverse split if right on the verge of immediate bankruptcy.
Stranger things have happened though. It is all a crapshoot.
Agreed. Could do without the name calling and be more adult about it. One thing we do all agree on, the company lies cheats and steals. They promised full financial data "in two weeks" well over a year ago, and have never come forward. That was why I was cautious and did not plow a bunch of money into the company.
"THIS TRADE DIDN’T WORK OUT FOR ANYONE!"
It did for me. Check my REAL TIME posts on the yahoo board where I bought and sold for a profit.
Follow me to the profits.
"THIS TRADE DIDN’T WORK OUT FOR ANYONE!"
It did for me. I got out with a profit. Check my REAL TIME posts on the Yahoo board for proof. I know you won't because you would be even MORE angry knowing I made a profit and you did not. You should have gotten out when I did.
some people NEVER grow up. They must insult others because they cannot come up with anything intelligent to say.
just like a 4 year old.
I would be very surprised if I ever see anything meaningful out of this guy. He thinks that by continually insulting me he will make me look bad.
What he still has yet to learn is that people who insult others only make fools of themselves by revealing their own childishness.
oh well to each his own.
anyone notice that the person who removed my posts accusing me of attacking others is the ONLY one who is actually doing it? He can insult me and call me names, and it is okay for him because he is one of the moderators? Hmmm, why does he not censor his OWN posts? He accuses me of doing what ONLY HE is doing.
I will NOT lower myself to his level and get mean. I am just not that kind of person. I will stick to the high road. I suggest he does the same. But I am sure he will not.
I agree with you. If you lost enough money and the company did something illegal, you do have the right to sue. Go for it.
Every one of your posts is filled with anger. I think you should get help with that. For your own health. Before you have a heart attack. You are the only one who is REALLY bothered by my posts. The others on this board are angry with the management, as they have a right to be. YOU are the only one who has a problem with me. You really need to get laid. Or get Jesus. Or a life. Something. And don't lie, you lost WAY more than $2,000 on this. Just get over it finally would you? Sheesh!
The only insults I see are in mgplayer posts. You need to censor your own posts. But I know you won't. Bitterness will eat you alive. I really pity you. Most people accept their losses like men. You will just not stop crying about it. Please man up and accept your losses.
Why can't you admit you made a mistake? You just want to blame the world for your problems. Or blame me. Hey, I did not hold a gun to your head and make you buy this stock. YOU did that on your own. Accept the responsibility for your own actions. We all make mistakes. Some make more than others.
"pumping other stocks trying to get people to buy into your other crap plays"
My other "crap plays" that all went way UP? oh I get it, you HATE stocks that go UP. You love stocks that lose 90% of their value. That explains why you are here!
Envy is a terrible thing. You are losing your shorts and angry because I am making a killing on my stocks which you REFUSE to allow me to tell others about.
Apparently YOU do NOT have their interests at heart as you CONTINUE to pump this loser and refuse to let me tell others how they can make back their money.
Jesus said "You will know them by their fruits". Your objectives are clear.
sorry about the duplicate post, I did not see it for a while so I assumed mgplayer deleted it immediately as he does with most of my posts. He is not interested in allowing people to give both sides of the story here. He likes his opinions to be the only ones expressed here.
"why dont you tell us that great story about how you were the high bid in a stock that wasnt trading yet? That was always one of my favorites."
I HAVE been the high bidder and I have been buying up shares - for 1% of what you paid! Who is the smart buyer?
You bought based on market cap? Now you don't care about market cap? Make up your mind!!! Market cap NEVER mattered because there was never any value. The fact you bought based on some meaningless "market cap" which is now at an all time low (making it a BETTER value now based on your own flawed analysis) proves you are clueless.
The fact you have lost tens of thousands of dollars on this investment proves YOU are the one who is rambling on senselessly.
And I know as a moderator you are too cowardly to allow anyone to see this post and you will delete it immediately. Every time I prove how WRONG you were ("table pounding screaming monkey type of buy") you delete my posts. Shows just how wrong and cowardly you are. Let the board see all the posts and decide for themselves who was right.
When I listed about 8 stocks to buy, and they went up an average of 8.7% the following week, you also deleted that post because you did NOT want them to see I am for real!
"why dont you tell us that great story about how you were the high bid in a stock that wasnt trading yet? That was always one of my favorites."
I HAVE been the high bidder and I have been buying up shares - for 1% of what you paid! Who is the smart buyer?
You bought based on market cap? Now you don't care about market cap? Make up your mind!!! Market cap NEVER mattered because there was never any value. The fact you bought based on some meaningless "market cap" which is now at an all time low (making it a BETTER value now based on your own flawed analysis) proves you are clueless.
The fact you have lost tens of thousands of dollars on this investment proves YOU are the one who is rambling on senselessly.
And I know as a moderator you are too cowardly to allow anyone to see this post and you will delete it immediately. Every time I prove how WRONG you were ("table pounding screaming monkey type of buy") you delete my posts. Shows just how wrong and cowardly you are. Let the board see all the posts and decide for themselves who was right.
When I listed about 8 stocks to buy, and they went up an average of 8.7% the following week, you also deleted that post because you did NOT want them to see I am for real!
Somebody needs to buy up those shares offered at $0.035. Otherwise the market makers and shareholders will resign themselves to the idea that 3.5 cents is the most they can get for their shares and the price will settle into the 2-3 cent range.
Come on, I know there was someone on this board who said he would be buying like crazy if it went as low as 4 cents, and now won't pay 3.5 cents? Come on guys, put your money where your mouth is and start buying up these offers, push that ask back up to the 50 cent range.
"If the price gets to .20 I can start slowly escaping unscathed"
No, don't sell, then they win! You said it yourself, this is a table pounding, screaming monkey type of BUY. Now it is even cheaper. You should BUY MORE!
"895 shares at 0.0357$ traded"
WOW, $32 trade. Why did they bother? Must be tax loss selling. Of course that was 89,500 shares prior to the R/S.
Nobody stepping up to the plate with a market order to BUY. That is what I want to see. Someone with COURAGE! If you can call it that.
Come on, I am the most bearish person on the board and even I was expecting trading to resume in the 20-50 cent range. Why are we not seeing this? It is not looking like we will even enter the lowest level of that range in the foreseeable future.
Looks like getting rid of the D did not fix the issue of no trades. This trade is still too small to be meaningful.
"We have a float of 851,067,009 shares now"
Are you sure? With only 350 million shares authorized, that would be impossible unless there is a LOT of naked short selling generating fictitious shares.
"Ok, you can buy at 0.057$ now sorry"
Wow, I am surprised to see it offered that cheap this soon after the D was removed. I figured people would hold out for more money. Looks like someone wants out pretty badly. But I don't think I want to go that high. Too much. May just have to lower my bid if people want out this badly.
"If you want more shares, you must change your 0.0211$ position to 0.035$ level"
Actually I have probably bought too many shares already, but okay, I am willing to buy more at that level if anyone wants to sell. I hope I don't end up regretting it but what's a few hundred dollars among "friends"
Anyone want to sell more shares to me at $0.035?
Yep, just as expected, this guy just MUST respond to me. Apparently hanging on my every word LMAO!!!!
"you are embarressing yourself at this point."
Your poor spelling is what is embarrassing.
"you were posting day after day"
Anyone can see that you have posted far more times than myself. And of course all meaningless bashing. Why don't you just accept your losses and give it a rest? Grow up and quit crying.
Nobody else is having a cardiac arrest over my posts. Just you. Think about that. Why are you the ONLY one who rants and raves every time I post? Do you ever take time to do anything but post meaningless drivel on this site? Geez, get a life.
Wow, anyone who would put in anywhere NEAR 1/10, or even over 1/100th of their money into this POS is NOT a very good investor. The reason it is not 1/10th of your portfolio is probably because of the 99% loss you are currently sitting on!!! It was probably much more than that. You have already admitted you put 5 digit money into this company. BAD MOVE!!! LMAO!!! Your actions speak louder than your words. Your words are meaningless.
"There's really nothing to talk about here, so a little bickering is to be expected"
Finally an intelligent post. You are 100% correct. Some crybabies who are out thousands of dollars get so annoyed, it shows how immature they are. Must be my ex wife. In the meantime, it is VERY amusing to see him rant every time I post. And I know he will respond to this one too, he just cannot resist!
Meanwhile the bid has dropped another order of magnitude to $0.0046. YIKES!!!
We should have a contest to predict the next trade price when it resumes trading and see who is the closest. My prediction is $0.25. But as others have stated, nobody really knows.
If someone is holding lots of shares, like the guy who had 4.1 million, I believe they should file a lawsuit against the company because even though we all knew (well all except him) that a reverse split was possible, the way the company did it was, I believe, illegal because they did not send out a proxy for shareholders to vote on it prior to implementing it - unless the insiders hold a majority of shares, in which case it may have been legal. With the lack of information from the company, it is hard to say.
SUE EM!!! And GLTA. I would love to see this trade above a dollar (preferably AFTER the crybabies give up and sell their shares to me)
"I am a hero, looks like I will support the stock..."
It is funny how some people like to put words in the mouths of others. When the facts do not suport their statments, they must resort to fabrications. Of course I never said any such thing. I provided proof that I saw the reverse split over a year ago on the y a h o o board, but he refuses to visit it and verify, he just continues to deny the facts. He is VERY upset he did not see this coming, and feels like if he bashes others it will somehow elevate himself.
In my observations in life, those whose primary objective is to bash others actually do so because deep down inside they feel inferior. And of course he proved that he hangs on my every word because he said he would put me on ignore but he continues to respond to me. Obviously he knows I am right.
I hope he gets the help he needs....
" for now it is a waiting game and what is posted here is even less relevant than when it is trading"
I agree. Some people are getting WAY too stressed out over this.
Some people cannot tolerate opinions that differ from theirs. It is soooo important to them that THEY are right and everyone else is wrong. Too bad. But that will happen when you are thousands of dollars in the hole with no hope of ever getting it back.
mgplayer will never use the ignore feature because he does not want to miss anything I say. I guess he feels compelled to reply to me. If I really have no credibility, use the ignore feature. If anyone really thinks that the price will be affected by anything anyone says on this message board, they should a reality pill.
So now the strategy is to create aliases to make it look like everyone disagrees with me. Oh well, to each his own. I have provided proof and it is driving him crazy.
The asking price of 85 cents is as meaningless as the showing bid price of 3 cents. It is not likely to trade any meaningful volume at either extreme. Like I have said repeatedly, I think it will trade in the 20-50 cent range.
somebody needs to take a chill pill. This company is not worth having a heart attack over. Anyone can verify that I did see the reverse split coming just by checking that y a h o o message board, the posts are there, I cannot retroactively put the posts there, they have been there for a year.
So you can LMAO all you want, I have proof. If anyone cannot handle losses, they should not invest. Try a Certificate of Deposit. Much safer for those who are tempted to invest in companies that do not report any financial data. Or if you must gamble, Vegas is much more fun and much better odds.
If I am the ONLY bidder, then by definition I am ALSO the HIGH bidder, but some people cannot grasp that. If he seriously wants to buy shares he must bid higher. But he is unwilling to do so, hence I continue to be the high bidder.
This is not rocket science. Oh by the way, I AM a rocket scientist, I have worked on them at a previous job at GE. But I digress, sorry. Please, if you cannot stand the heat, get out now before you end up doing something desperate. I would not want to see that.
Generally when someone resorts to shouting (all caps) it is clear they are very angry and generally very wrong. Saying it louder does not make it right. The facts support my statements. They do not support his.
He clearly does not understand fundamentals. The company has a negative book value, negative earnings, and just the interest on their debts exceeds their revenue. They refuse to divulge financial data because it is so BAD! There is no way out of eventual bankruptcy. If you want to invest based on fundamentals, you would NEVER buy this stock. That's a no-brainer.
I posted this before and somehow it seems to have disappeared. So I made some minor tweaks and here it is:
If you check the y a h o o message board, over a year ago I said this stock needs to do a 1:10,000 reverse split. So if anyone says NOBODY expected a 1:100 reverse split, he is speaking for himself ONLY. It was obvious that the stock needed to do more than a 1:10 which at that time, I said was ridiculous (check the y a h o o message board for posts by strengtheng1neer).
Mgplayer dismisses my bid of $0.0411 yet HE is only willing to pay $0.0400 by his own admission in his post. So I am STILL the high bidder but it is simply not reflected in the bid because I changed my order to all or none to avoid getting partial fills of 29 shares.
I am the CURRENT HIGH BIDDER, higher than him, and I predicted the reverse split that he did not see coming a year before it happened. He dislikes the fact I was right and he was wrong!
I feel badly for him, really, he has lost many thousands of dollars on his 4.1 million shares, betting on a company with HUGE continuing losses, HUGE negative book value, and NO prospect of ever turning a profit or avoiding insolvency. If anyone wants to follow his advice, expect similar results!
I pity the poor guy and I really hope PDPRD turns around and he makes a profit on his holdings. Of course that will happen when pigs fly.
mgplayer, you will have to outbid me to buy shares. So what price are YOU willing to pay? So far you have not indicated you are willing to pay more than me, so apparently you have very little confidence where it will trade.
Personally, I think it will open in the 20-50 cent range as I have previously indicated, but I agree with you, we really have no idea until that time comes. In the meantime, I am the high bidder and I have no problem picking up shares "on the cheap" like you but my price is higher than yours.
Maybe you and I will get into a bidding war, but I seriously do not expect to win that bidding war because I don't expect my bid to go higher than about the 6 cent range. Are you willing to go that high? If so, you may be able to add to your holdings, and maybe recover some of your loss if there is a decent rally. If you win the bidding war, I am okay with that, I have much better investment prospects than this company that is definitely headed to bankruptcy. Only question is when, not if.
Current bid $0.05 on Jan 1.5 call option, 100 contracts. This person must be pretty bullish. I find it difficult to justify any bid price at all that far out of the money in January. For this person to turn a profit, the option needs a bid of at least a dime before it expires, and a dime in the money would be at a stock price of $1.60.
That would be a double from the current price in only 4 months. Of course, the cash value of 100 contracts at a nickel is only $500 so this could actually just be a stupid retail investor, but unless there is a strong rally in the stock, this investor would have a 100% loss on this buy. Yet the bid is there, so SOMEBODY is quite bullish I would say.
Either this person is very stupid or believes he knows something I am certainly not seeing. I hope it is the latter and I hope he is right ane makes a killing because that means all us longs will make back some of our losses.
Most people have probably forgotten that when GIGM sold 60% of its gaming business to another investor, the other investor also had a call option to purchase the rest of the gaming business, but also GIGM had a put option to PUT the remainder of the gaming business to THEM.
If only we knew the details of this put option, the company MUST have a value of at least the amount of the put even if they squander all of their cash as long as no fraud is found. I have a feeling we may be already trading below this floor, which is one reason I continue to hold.
"When we trade again, I'll be the first one to scoop up as many shares as possible for .04 (not .03). Early birds get all the worms. "
So BMA, you are only willing to pay 4 cents and you are calling me a "low ball" buyer at 4.11 cents? That makes no sense! I was the HIGH bidder - you are wanting to low ball even LOWER than me. I hope they sell YOU 29 shares. Maybe I will sell mine to you just to make YOU pay a commmission. Karma.
I had to change my order to an all or none order because some low life loser sold me 29 shares yesterday at my bid of $0.0411. I did not even see that trade reflected in the volume yesterday, probably because it was below the threshold. I hate all or none orders because they are difficult to fill, they generally only fill if the ask price comes down to my order price and that is not likely. I lowered my price to 5000 shares at $0.0407 AON which you will not see in the quotes because it is an all or none order. I see the bid is now only 3 cents just like it was when I first entered my order at $0.0411.
If anyone wants to sell to me at $0.0407, you must sell a minimum of 5000 shares or you will not get it, you would probably have to sell at the 3 cent bid. Not trying to bash the stock or talk anyone into selling, I believe it will trade higher eventually, or I would not have a buy order in. However, I reserve the right to modify my price and/or order quantity at any time without notice but I do not anticipate doing that for at least an hour or two depending on my mood. GLTA.
Ok who the #!$&* sold me 29 shs at $0.0411? I have to pay a $10 commission on a $1.19 trade! Whoever did that should be shot at dawn. I am going to change that to an all or nothing order after today's close so you will see my $0.0411 bid disappear starting tomorrow. If you want to sell your shares to me in small lots, you have a half hour left today. After that it has to be all or nothing!
Your statement that the stock is NOT trading yet is not entirely true. The stock did trade after the reverse split. Last trade 6 cents was AFTER the reverse split and it also traded at 5 cents after the split. The only people who cannot trade (sell) are current shareholders who have not been issued their new shares. The company could choose to sell shares to me at $0.0411 if they like. And I am sure the market makers could also sell shares at that price. You are stuck with your shares for now. But you can sell to me when your new shares are issued, if the price is right.
I do expect that the price will stabilize in the 20-50 cent range as I stated before, but that is just a SWAG (Scientific Wild Ass Guess). Could be more or less than that, You are right, you just have to wait and see. I cannot see any justification to pay more than 10 cents myself until the company comes out with some financial data. They have promised it but they are liars and thieves. How much money are you willing to give to liars and thieves based on no information? It is like playing "Deal or no deal". You really have no clue what the stock is worth. Neither do I.