Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.
Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.
That's freekin bullshit.. its gonna get hammered tomorrow.. woops. already is getting hammered.
that's the difference between you and a public company. . you cant compare the 2. way different set of rules. and usually a lot more capital involved.
they cant just blather out positive results. ther are consequences when public companies make such claims and they are false or misleading.
OTC is bottom of the barrel. youre lucky SFOR even has the "potential" to do anything really. I mean seriously.. its a pink sheet stock.
oh and don't forget they have the ability to print money. something your private business cant do.
Theres a man that knows whats really goin on. thank you. I kinda figured as much.
im gonna assume your entry was a good chunk higher than here? if I had shares of BAA here id hold. I wouldn't even fault some for buying now cuz I think the chart looks like it wants to move to the upside.
but matt is right. BAA has just been a perpetual dog. its been my experience that its really hard to trade that stock and make money.
whats the O/S? its gotta be several hundred million id guess?
dude my whole problem with everything ive been buying the last 3 months is picking the stock that rises fastest. ive been killing it..
a few sectors look really primed if you have the right stocks. ive already doubled since 2017 on realized gains on positions.
its like shooting fish in a barrel right now.
that's pretty much my thinking. you know how it is though man... sometimes that just because a stock is pps cheap doesn't really mean the stock is cheap relative to debt.
something is obviously wrong at Banro. the chart screams it pretty loud. GSS is my primary favorite heading into this year.
I just happened to take a peak at it this morning. it does appear to me that it could make a move.
I don't doubt that. and I thinking taking a position here isn't all that risky. heres what doesn't add up. 50k ounces at 1100 spot equals 55 million that's great, but whats the debt? something is seriously hindering performance with that sort of production don't you think?
ill take a look in a bit.
ya I get it. but couldn't just leave 75% on the table. Uranium is where its at no doubt. but its gotta breathe a little I would think.
I was looking at Banro this morning actually. traded it in the past and I like how it appears to be setting up currently. last I really looked into it they had a massive O/S. theres got to be a reason its in the tank right now.
ill go over the books later and see whats up. on surface seems pretty clear that something is fundamentally wrong.
debt. etc.
huge move on that man.. you got more stones than me buying in here. my understanding was that URRE is not yet a producer. haven't really done much DD on it yet. just street buzz.
Cameco is a staple for sure. I could be wrong but I think Uranium stocks seem to be putting in a short term high so I dumped out.
im eyeing copper right now TGB hoping for pull back on that too.
I would strongly recommend taking a look at URG vs URRE.
they are producers currently with long term contracts still in play at 50 bucks plus.
couldn't stay in today sold out butwill be watching for further dip.
Sold URG from entry .45 to .73 + 75% Augusta still holding LSG or GSS? im debating buying a dip GSS.
partially correct yes. flippers and bad fundamentals underlying the stock currently.
Youre using the wrong chart. not enough liquidity to pretend anything other than a daily is viable here.
that's why the daily makes sense and the 10 day doesn't.
the pattern is clear. death cross looming on a descending triangle.
like I said last week be out by Friday latest.
lol.. everybody is George Soros today I guess..
lol.. sorry dude. its derived from SFOR CEO owning bank shares. but seriously.. is there anything to talk about here really?
nothing is happening. gotta rap about something. so we spun Kays bank ties a bit and this is where crap ended up.
LOL.. somebody saved me some time.. Rockefellers are Rockefellers dude.. nobody wants to give up money and power..
its still the same song. Kay runs SFOR he has bank ties. that aint a bad thing for SFOR..
Banks run everyone... all governments.. all people.. especially under fiat currency.. you cant get away from it.
what did the terrorists attack on 911.. the world trade center.. in other words all the banks..
what happened to the stock market? it tanked. banks don't like tanking.. so what happened we bombed IRAQ.. because of weapons of mass distruction? please..
2008 mortgage crisis.. banks tanked. who bailed them out.. the government... why.. they need the banks because our country is broke..
that's what kills me.. we literally give each other paper for things.. would you take monopoly money for your car? is there truly any difference between the dollar and monopoly money really? I don't think so..
gotta let it go dude. powere like what these folks have will never be destroyed unchallenged. nations are bombed countries decimated..
if you invest in SFOR. having bank ties aint bad. that's all im gonna say..
got to let it go brother.. all wars are tied to economics in some fashion. doesn't matter what the government says.. politicians are trash brokering money and power.
the same people running JP Morgan then aren't the ones running it now.. and I believe it was JP MOrgan who funded the entire federal government in its infancy back when they got in trouble. unfortunately money and power breeds corruption and the cycle continues. think federal reserve.
look at hillaries campaign contributions.. or any politician other than Trump if you can call trumo that..
all of them 100% bought and paid for by banks..
Another excellent common sense post sir.. you are exactly right.
look I know a lot of people don't like me here and that's fine I don't care.
if kay owns a good chunk of shares of JP Morgan dude aint broke I can tell you that right now. everyone wants to try to understand how the rich get richer but they don't wanna listen. theyd rather just pray
think about it for a second. a JPM exec making easily 6 figures minimum leaves to work for a company (SFOR) who cant even pay him at all? I mean cmon.. really. unless his JPM employment is a hoax. it appears to me dude retired and wanted to build something. Kay is hella old. he's nearly taking a dirt nap already..
I just call em like I see it. why do you think Im always so damn sure Kay knows he diluted and that the company is struggling. he's just playing the public CEO game..
guys that are broke don't just write off 700 grand in whats owed to them by their employer unless theyre already rich. that's also why I was criticizing them for being so generous.. dude aint worried about his personal finances.. he is worried about SFOR's I can assure you.. he's a banker. he knows.
I think its at least a little bit relevant as it applies here. bank security is what SFOR does I thought. at least a good chunk of it is.
don't you think maybe being a large shareholder of one of the most prestigious banks in the world might open doors for these guys?
banks do business with each other all over the place. that's gotta count for something.
if he's smart he held em and being a leader at JP Morgan I wouldn't exactly call the guy stupid.
if you had 100,000 shares of JP Morgan and got dividend checks this year totaling near 170 grand would you sell em..?
if he sold em off I bet hes not too happy about it.
the whole idea that the stock has done nothing since 2003 is beyond ridiculous. up 100% in year after 2003 and over 400% today all the while cutting dividend checks on an annual basis. 34,000% higher than the price of one SFOR share this year.
yes you read that right. JPM's annual divvy alone was 34,000% higher than an SFOR share in the last year..
doesn't make sense that a guy with huge bank ties would dump shares of the company he's trying to do business with. I mean that is what SFOR does right? it aint a bad thing.
I had to say something on this one its just too unreal some of the rationalization. especially concerning trying to bash maybe kay owning JP Morgan.
#1 since the beginning of 2003 JP Morgan shares doubled in a year and by 2007 was up 160%. tanked as did all bank stocks in the 2008 banking crisis. and then immediately after that since has risen 400%
oh and one other small detail lol..are we aware that JP Morgan shares almost paid out 2 bucks a share in dividends in the last year..
I find it strange how the one thing we would question especially folks trading a pink sheet broke company can somehow criticize ownership of one of the nations most prestigious banks with a history that dates back to the industrial revolution..
is kay a holder of JPM?.. if he got the kind of shares JPM leaders do converting options I would certainly hope so.
god know how much he gets in dividend payments every quarter but being one of the former leaders in the bank for as long as he was its gotta be well over 100,000 shares and maybe even million. that's.. a stock up 400%.
if he only owned 100k shares jpm thats 170 grand in the last year in dividends. seems pretty freekin awesome to me.
might wanna read a little Warren Buffett on how "the rich get richer"
LMAO
There is zero threat of a Reverse split in the near future.
I can assure you. in couple years maybe.. but right now. in the next 1 yr 18mos.. I don't see it.
that's not true. the double top at .02 4 months ago was based on several things. the Microsoft settlement, a retest of the high, the need to dump 2 billion shares, pending litigation, and revenue pipeline.
but lets be real.. the most obvious was a clear pump and dump. nobody likes them. but SFOR really had no choice in the matter. when you owe you gotta pay.
who said the run to 025 was nothing. I got here at the 2nd run up after when it hit 02. I said it would go down from there.
I was right and the stock is down 75% since.
I telegraphed that I was going to buy the 1st dip to low 3's and flip in one day on a whipsaw.
the stock did whip down to 003's and I bought and sold and raked chips.
2 days ago I said with a little volume we might get a pretty good blip to test .006 `the very next day got volume a little above the norm and .006 was tested.
yesterday I said anybody who bought in the last 12 trading days should sell by Friday
and today its down 10% with a bearish harami forming. it might still try to test 006 but I still say be out by Friday latest and take profits.
ill be waiting in the low 2's. the stock is worth what the stock is worth no matter what longs want to think. right now that means its worth less than 1/2 a cent. which currently in my opinion is overvalued based on their debt to asset ratio. in simple terms..
according to the financials SFOR has a negative networth of 4 to 1. or in even simpler terms... shareholders owe money.. thus declining stock prices we've seen since I started saying it 4 months ago. lots of unhappy people holding shares right now. that I can guarantee.
although I do believe the next 10Q will be telling I really believe quarter 1 and 2 will be the pivotal determination. they are about a year out. I think we see a holiday spike just like in every other retail sales. afterwards if they were still seeing gains in sales above those levels into the 1st and 2nd quarter I believe that would be a really good sign and from right about there you could make a descent decision whether or not to "invest" or be a "long".
right now. SFOR is purely speculation. maybe you get more contracts or settlements who knows.
Come on guys. you cant be this naïve. all hes doing is taking revenue generated for the quarter plus receivables at the end of the quarter and adding them together.
he's trying to show that theres a pattern of revenue growth. which there is. only problem is theres a pattern of loss too.
its slightly midleading in that context because he's not showing you the losses merely whats been generated.
he states they made 452 grand in the 6 months which is fine.
however.
even with those revenues calculated in, the last 2 quarters show they lost 740 grand.
they need to double up and they need to do it fast.
we do realize SFOR lost 317k last quarter right? that's higher than the 9 month period last year in only 3 months.
I would agree things seem to be improving on the cash flow/revenue side but currently losing over a million dollars a year.
hopefully revenues will continue double up. we'll see.
Graduated climbs, tax loss buyers re-entering, consolidation.
I guess from a pink sheet only perspective its ok. I do think theres potential. time will tell.
your "then off to the races" scenarios are what need to happen in order to break the down trend in my opinion.
sfor is not "trending" higher its been trending lower since I started here about 4 months ago. I believe it will continue its trend lower until one of your "off to the races" scenarios becomes reality.
I think this is going to end up being what I said it would be a blip to 6 and 8 at the absolute highest but I find that doubtful.
its a flip opportunity to make a quick 30 some%.
a close above 8 and hold for 2 or 3 days might signal reversal. I just don't see it.
Im seeing just a simple retest of 6 at the 200 and a failure. then tank to low 2's if 4's break down again which I think they will.
id sell any shares bought in the last 12 trading days by close Friday latest.
barring a real verified update to the positive side for fundamentals SFOR will not hold this move.
until its on SEC docs its speculation. he could be ball parking the #'s too. not really worth arguing about just conversation.
he said 14 and 7.5 in the article. don't remember seeing debt that high. it was close. same goes for the low it was kinda close in relative terms.
it also possible he meant stock holder deficit which was actually right at about 7.5 if I remember correctly.
whens the next statement come out again? I thought it was February latest.
im telling you the previous article which is linked in the one you want to believe just happened nov/dec 2016 with no date on it are the same article.
I already looked at the stuff you posted..
Kay interviews I really could care less about honestly. but there is SPECULATION according to the article that theres now only 7.5 million in debt.
if that article had a date on it, it would indicate a possible material event ahead of earnings.
that my point you cant make sound decisions on guessing. by the way. theres a kink in that article that you claim is from nov/dec that says "previous interview"..
when you click on that its the exact same interview word for word from a year prior.
please explain his claim of only 'a few million shares' being diluted. it was billions.
it sounds like newer news. but how do you know? if you want to speculate that's on you. but I wouldn't. CEO's talk about forward looking events all the time. the whole stock market gauges value based on forward P/E ratios.. what are you talking about??
theres no date on the article that you claim is from dec 2016.
so..no that doesn't help.
im just too good..
yesterdays prediction
don't pat me on the back, ill do it myself.
I see no interview with kay including the one you just linked from this November or December.
the article in question was about Kay stating they only have 7.5 million in debt that Zpaul linked to.
from what I see that article was done over a year ago.
what you are seeing isn't the date of the article its the current date. if you go to that link and then type in sfor in the search it shows the date of the article being November 2015
I show the article is from November of 2015 lol..