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That may be the reason for the sudden dip at the end of the day Friday, but this has been slowly dropping for the past two months.
Then in order to make money, it may make more sense to go somewhere else for awhile, and possibly come back here later. I have realized no gains here, since I did not get on the initial alert from Xtremepicks.
No news has come out that has moved the stock price in a positive direction since June 18th. That was the day it briefly reached .095 before the steady retreat down to the current level, after an announcement about the Cameo pool deal. It also was the day after I got in at .068 as it was going up. Stock prices are generally driven up by either earnings or good news. Since that has not happened over the past couple of months, what kind of news will it take to finally drive the stock price up? This has not been going up slow and steady, but going down slow and steady for the last two months.
Over the last few weeks, sentiment here has seemed to shift from huge news is coming out next week, to this is a long term play that will require a lot of patience.
Whether this becomes highly profitable, or ever reaches price targets is an unknown. Nobody has a Crystal Ball. Steady downward trends are not a good starting point, and do not give a lot of confidence. Either investors were not impressed with what were generally agreed to be good financials, or there is a delayed reaction. I also am not sure if the price would be this high, if not for those you just dismissed as being irrelevant. Exactly what kind of news will it take to get a huge boost to get out of this trading pattern? It would have to rise by nearly 50 percent now, just to get back to my entry point.
Are there any PPS requirements for a stock to be listed on the OTCQB or AMEX?
Is there a way to contact the moderators of these message boards for a frank discussion? Compared to other stock message boards on Investors Hub, they seem to be extremely politically correct here, almost to the point of censorship.
The thing is, .20 to .30 was supposed to be the short term target. The long term target was $1.00, to even $4.00 believed by some.
Hopefully, just some sign that earlier moves and acquisitions are starting to take effect.
Will there also not be some kind of forward looking guidance announced with the release of the financials? I recall people wondering why they have not come out with any statements regarding future plans yet.
Shouldn't some activity from the RIG Construction, and Cameo Pools and Landscaping acquisitions, be showing up from the most recent quarter? Also any sales from their next generation wind turbine? Those were announced awhile ago.
It shouldn't have the opposite effect, if the financials are great, or much better than expected. There have been countless examples of this.
Why does Investors Hub only allow you to edit a message, but not delete a message if you accidentally post it twice?
Haven't seen anything here about the video chart analysis guy for awhile now either.
If I do end up selling within the next few weeks, I would keep it on my watchlist since many of the recent moves could eventually lead to something. When it was first brought to my attention by Xtremepicks, they were promoting it like you should get in before the next major leg up to their short term price target, which could happen quickly, with the announcement of big news coming over the newswires. I don't think this is what many people expected after being convinced to buy this stock. Some of us were trying to recoup other stock losses.
Don't tell me when I should sell. I have taken enough small losses on promising penny stocks which never lived up to their hype. I have stated earlier that it is worth waiting at least until the financials are released on August 15th. Believe it or not, not all stocks pan out to become big winners, no matter how many avid followers they have. Considering all the hype to get people to buy this stock, after two months with no substantial movement, it is time to show something substantial soon, or this could turn out to be a very long term play. Since at least the end of June, many of you have been promising that next week will bring big news.
Slow and steady means a gradual increase over time in the closing price. The only ones who think this stock is doing fine and sitting pretty, are those who made a 400 percent or whatever increase during the first month after Xtremepicks first alert. It has done nothing for nearly two months since June 18th. That was the day it very briefly rose to .095 on the Cameo pool deal, before retreating down again. For a week or so, it was managing to close above .07 or .08, but has been struggling to close above .06 for several weeks now. You talk about the 20 percent float, but that has lately been from a price in the .04's or .05's. I can't even remember the last time I saw .068 where I could break even. If there is no huge financials surprise to the upside this week, or huge news announced in the next couple of weeks, to cause the much anticipated breakout, I think it is time to seriously consider whether this is going anywhere in the foreseeable future. Even the Gearstar deal last week did not draw anywhere near the same investor interest as the Cameo Pool deal. That only got this up to .064 versus .095. I will grant you that the Gearstar deal is not final, and it remains to be seen what will happen with that.
Being down 10 percent since I got into this two months ago is not slow and steady. That is a flat out decline. Some people are down much more than me, since this reached .095 the day after I got in at .068. What happened to Xtremepicks short term price targets of .20 and .30. that were announced two months ago? That is the reason why a lot of people bought into this. If you want slow and steady, than you go to the big board safe stocks. People get into penny stocks because of their ability to make big moves in a short amount of time.
First I want to see it get to .20, before speculating whether it can make it to $1.00 or $4.00. We have not even crossed .10 yet.
That may have been the next LOTE I was waiting for, but I will still give WPNV a little more time. I was in LOTE for one day, and panic sold the next day on a selloff, before it climbed much higher. I know LOTE is priced much lower now, but they had quite a ride that lasted for awhile.
To answer your other question, it looks like you will have to do the research yourself, which should not be too hard. It looks like they will not allow us to post information about any stock other than WPNV here. I said it may now be a missed opportunity at this point anyway.
I got in at .068 on June 17th, chasing it on the way up. The next day it went to it's current high of the year of .095. It did not stay there long, before the pps started to retreat. It reached .095 the day the Cameo Group deal was announced, but the news effect did not last for long.
About 24,000. While I could possibly sell it over the course of a couple hours or so, it would not happen instantly or within a couple of minutes. Besides, I said I am holding at least until the financials are announced on August 15th.
I am not asking for your advice or to hold my hand. A lot of people are here because of Xtremepicks. They helped create awareness of this stock. How else is anyone going to become aware of a stock under .10? . Although you have stated your confidence in this stock, you also just said that following you is not a trading strategy. I plan to wait at least until the financials are released next week on August 15th. Besides, volume has gotten so low here, it would take forever to sell my shares now.
I have been frustrated by this too over the past two months by the weekly predictions that have not come to pass. However, they do release their financials next week on August 15th. Xtremepicks has been saying for two months that this could double or triple very quickly on big news, so we shall see.
If you got in on the initial alert, you are still doing well. As for me, I have been in this almost two months now, and am down about 15 percent. I was lured in by Xtremepicks short term price target of .20. A few days later it was raised to .30. What is their definition of short term? They have been saying for two months now, that they are watching the newswires for big news that could make the stock price quickly triple. With such promises, how long can one have patience?
What does the video chart analysis guy have to say about WPNV now?
I bought in at .068 six weeks ago, because Xtremepicks was boasting a near term price target of .20, which was revised to .30 a few days later. When they say near term price target, how long do they expect people to wait, when it is making absolutely no movement in that direction?
If this was supposed to be the stock of the summer, the summer will quickly be drawing to a close.
Then why has Xtremepicks been saying for at least the last six weeks that the stock price could quickly triple here, because every week big news is just around the corner?
So how and when are we supposed to get to the short term price target that was raised from .20 to .30. over a month ago? What is that forecast based on? Every time that there is a news release now, the stock price drops.
We have been looking forward to next week for quite a few weeks now. Hopefully there won't be another disappointment of either lackluster news, or no news at all.
I. meant we were briefly in the .09's on a little news a month ago.
The only thing is that a month ago, a little news propelled this into the 9's.
What? No news at all today?
So I stand corrected. Tell this to all the other misinformed posters I picked it up from.
MM stands for market movers.
The chart analysis video did say this could go back into the .05's before it takes off. I was hoping it wouldn't, since I thought we had already done that in the last couple of weeks. Hopefully his analysis is right, since it appeared it should take off after retesting these levels.