Buy on the dips... Sell on the runs
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There will be a big correction to the upside tomorrow. This was actually a good earnings report. CNBC touted it as a good earnings report right away. Intel beat Street estimates and came in line with guidance on 2013. How does this make the PPS go down over 5%? Then you remember its after hours. This will go back up tomorrow. Good 4Q report and guidance looks very good.
I am really liking ATRS. Chart looks great. Seems like a minor pullback which would be a good time for people to jump in on. I am long ATRS. I see it getting to 4.75-5.00 easy. This stock also has a very low float. It moves quick.
ATRS safer than pennies and should see big percentage gains. Those of you that like charts take a look. Also great news out about $750,000 milestone payment made by Pfizer. Always good to diversify and this stock is a good hedge play against your penny stocks.
Going to be an up and down week until earnings are released on Thursday. It looks like INTEL will come in right at Street expectations or a little above. Don't see them missing expectations based on projections.
Chart still looking good. A little pullback here with some nice consolidation going on. This stock should start heading back North. Too much going on and I love the milestone payment from Pfizer. Like this stock a lot. Looking for it to go to 4.75-5.00. Might even test its 52 week high. Just no reason for it to not go up.
Yea I was wrong this is done. Get out!!
If the consolidation going on right now continues, look for some big buys at the end of day. If big buys dont come in, I would not hold this overnight. However, with the e-mail today and the consolidation another little run might be in the works.
Definitely possible, but the news is not out that it is a P&D everyone already knew that. It even says it right on the investorshub page lol. My personal guess is this will get to .19-.22 again, then die out. I still think it has a last 20%-30% run. No way $1 lol. Wont even reach .35 in my opinion.
This could get back in the .2s, not so sure about the .3s. Good sign APS sent out an e-mail. Would have been disastrous if this stock was in the .17s and not hear anything from them. A bounce should happen. I dont see a major one but to get back into the .2s would be big percent gains.
Getting interesting. Some really big BID support here.
This is actually looking pretty good. BID support is coming in and consistent buys are coming through. Considering jumping in again but just holding off for now to see what happens.
SVEN actually taking off a little here. Lets see what happens. If anything, this stock is making my days go fast following this all unfold.
Here is the Link to the 8K SVEN just released, in case anyone at all was interested. Not much in it. They just talk about the trading halt on the stock yesterday.
http://www.otcmarkets.com/edgar/GetFilingPdf?FilingID=8963716
I wonder if they are going to pull another SNP* and try the old re-promotion e-mail. Remember that. Everyone was waiting for the new pick and they send out an e-mail saying they are re-promoting SNP*. That lasted about two days before they released the new pick, the wonderful GWB*. APS has pulled some crazy stuff, but my bets are on this is completely done. Still wont take much to move it as it is very thin but I can't see APS re-entering this.
Its just crazy to imagine that people loss thousands of dollars here. You have to be insane to invest so much money into these plays. Just bizarre. I only lost $150 here. When all that "consolidation" was going on last week, that was the big warning sign. Its hard to make a lot of money in the pennies but it is easy to not lose a lot. Common sense most of the time will prevent you from losing thousands of dollars in one play.
Just absolutely crazy how APS played everyone for a fool. They were releasing tons of e-mails last week about good consolidation and the pps was going to go up. There was even an e-mail Sunday, a day before the crash and the weekend before was when they did their profile for SVEN. Only thing I can think of is they really could not move this stock. People are wary of APS plays. They are no longer the best in the business. The days of multiple week long promotions are gone. Penny stocks have been terrible for a year or two now. If this keeps up, a lot of people are going to stop tradng the pennies.
Man if someone loss more than what they will be able to deduct in the course of a lifetime that is a really bad loss. I cant even imagine that. Not worth it for a penny stock.
Remember, the limit is $3000 however that is recognized as an ordinary loss so that is fully deductible from your taxable income. This also has no effect on the personal exemption and the standard/itemized deducitons you might have. After your capital loss, your personal exemption and your standard/itemized deductions, you can actually wind up in a totally different tax bracket. Roll all your capital losses greater than $3000 foward to next year and add them to your capital losses for that year.
Yes however you can carry the rest foward. So if you lost say $5000 for the year, you can deduct up to $3000 from your taxable income this year and then add the $2000 to your capital losses to next year to offset next year's capital gains and then up to $3000 against your taxable income for that year. Eventually all your capital losses for this year will be recognized one way or the other.
Yes I feel terrible if its true that some people are saying they lost thousands of dollars on this. I play penny stocks for fun. If I lose a few hundred no big deal I just write it off. I could never imagine using money that I needed to pay bills. That is inconceivable to me and I really pray people were just upset and were exaggerating.
Playing dividend paying stocks is Guaranteed money. You know a dividend will be coming your way. Penny stocks should not be played by people who are using their mortgage money or money that needs to be used for bills. If someone is using money that you need to pay bills with, you need to seriously get help right away. That is not a good plan at all. Penny Stocks should only be played with money you can afford to lose. If you do that its a Win Win. If you hit a good stock, great you make money. If you pick a bad stock, then you wait to write it off on your tax refund. This is no joke if someone lost money that they needed for bills. That is extremely serious.
I think the people who believe this is going back up are delusional. You lost your money, its almost surely to be over. However, there is this new thing called a tax refund, where you can write off all your losses you incurred throughout the year against your Income and receive a tax refund. Fear Not People, you will get your money back in a few months when your refund check comes through. Take this as a learning lesson and play it smart when it comes to these pennies. Honestly, if you have 10K or more in your portfolio to invest, most of that moeny should be going to non penny stocks and start playing stocks on the DOW, NASDAQ and S&P 500. Only play some of your money in these speculative penny stock plays.
On the bright side, the end of the year is right around the corner so everyone can put their losses on their tax refund and get their money back. Just when you do get your money back, do not put money into a frontloaded APS play. Not worth the risk.
What a really weird day today. I am pretty sure everything got thrown around from a DTC chill, the company going under, a merger, a takeover. People were all over the place today.
Yea thats a tough one. Better yet, I should have said whats more likely to happen SVEN goes up, the NHL plays hockey this season or the President and Congress make a deal? Thats even harder.
I want to take a poll: Which has a better chance at happening, SVEN starts going back up or the NHL plays hockey this season?
Yes. Not saying it will happen here so please no one base your opinion on mine, I just wanted to share that these kinds of things do happen and just wanted to give one of my examples for a stock I was personally in.
Have no idea what is going on here, but I was in a penny that had the same exact thing happen to it. The ticker is GAL*. It also had a CUSIP change with the # next to its name. The stock was around .50. I called my scottrade broker and asked them what was going on. They said they were having a corporate event that he didn't have information on. Turned out they had made a deal, the ticker symbol was changed and the stock shot up off the corporate event all the way to above $3 dollars. This stock still trades around $2 now.
APS did not dump all their shares. They have way more than what was dumped today. Not saying its going to go Green today, but the way its trading right now, it looks like APS wanted to spur some buys. Going back up.
News Out:
Superior Venture Corp. Subsidiary Ilustrato Pictures Connects With Disaster Film Expert Tony Mitchell on $15 Million ProjectNow - GlobeNewswire via Comtex
via PRWEB - Superior Venture Corp. ("Superior" or "the Company") (OTCQB:SVEN) through its wholly owned subsidiary Ilustrato Pictures Limited ("Ilustrato"), a Hong Kong company, has connected with disaster film specialist Tony Mitchell for its new co-development feature Deep Sea Apocalypse.
The co-development project with prominent Chinese motion picture company Wuxi Studios through Superior Venture's subsidiary is part of a two-film co-development between the companies. Wuxi Studios, under Executive Director Wang Lifeng, will co-develop the US $15 million Deep Sea Apocalypse, considered a breakthrough film for the two partners.
Writer and director Tony Mitchell is pivotal to the co-development project, which is to be one of the first disaster movies produced in China for Chinese and International distribution. Mitchell is a skilled cinematographer, director and writer best known for his movies Flood (2007) and Super Volcano (2005). Now residing in Ireland and Canada, Mitchell has more than 16 directorial credits beginning in 1996. He has been instrumental in the success of numerous disaster-based TV series, feature films and documentaries.
Superior Venture Corp. President and CEO Brian Hammond says, "We are very pleased to connect with Tony Mitchell over Deep Sea Apocalypse. Being that this is the first of two films we are planning to make with successful Wuxi Studios, it's important to enlist the very best of the North American talent to guide the Chinese co-development. If you're creating a disaster picture, Tony Mitchell is that specialist. He's created everything kind of disaster -- even the end of the world!"
Wuxi Studios is a $1.4 billion development project that includes 11 sound stages, post-production facilities and a full compliment of animation studios in Wuxi, a city of 7.5 million people just outside Shanghai. In a unique arrangement, co-productions are exempt from the strict Chinese quota system, giving them a huge advantage at the local box office. In the case of Ilustrato, the Company expects guaranteed domestic distribution on all co-development projects. The film Deep Sea Apocalypse as a co-development project would qualify under this classification for the Chinese market.
About Superior Venture Corp.
Superior Venture Corp. is a US based public company. Its wholly owned subsidiary, Ilustrato Pictures Limited is an international motion picture development and production company seeking to co-create feature film projects with Chinese film companies. All of its projects are financed, produced and distributed in partnership with domestic Chinese companies. Ilustrato Pictures has developed extensive infrastructure and distribution networks in China --the fastest growing and most dynamic movie market in the world.
For more information see http://www.superiorventurecorp.com
Contact: Investor Relations Tel: +44 (0) 207 543 7720
SVEN is going to pop any hour now. Look for this to get back in the 30s by EOD or tomorrow and start testing new highs by mid-week.
I said this yesterday, that we were going to see more consolidation going on today and I was right. Up over 5% is not a bad day. Everyone needs to realize that we need these 3%-5% days of consolidation to get the big 20%-30% days. It is going to happen. Everything is looking fine.
OTC Short Report has SVEN as one of the most shorted stocks. Everyone knows when big volume comes in, the shorts will have to cover and with this stock being one of the most shorted stocks (according to OTC Short Reports) this stock is going to soar in the coming days and weeks.
Go to otcshortreport.com and look at the top where it says most shorted stocks.
Superior Venture Corp. Subsidiary, Ilustrato Pictures Signs New $8 Million Production Deal With China-Based Film Group
via PRWEB - Superior Venture Corp. ("Superior" or "the Company") (OTCQB:SVEN) through its wholly owned subsidiary Ilustrato Pictures Ltd. ("Ilustrato"), has signed a feature film development deal for domestic motion picture co-production with Beijing-based Hairun Pictures with a total budget value of USD $8 million.
The feature film Stuck is a domestic Chinese drama set in a traffic jam in Northern China that is designed primarily for distribution to the domestic Chinese market. The second feature, Disoriented, is an English language crime thriller based on a true story set in North America. The two films are expected to go into production in 2013.
Brian Hammond, Company President and CEO of Superior Venture Corp. states, "Our development deal with Hairun Pictures gives us the opportunity to add a significant base to our Chinese domestic film roster. Both of the films will involve the writing and development assets that our subsidiary, Ilustrato Pictures brings to the table. They also follow the formula we are establishing for Chinese content films distributed to domestic Chinese box offices, which are largely integrated vertically through the production studios in China. It's a unique pairing that gives both of our companies a distinct strategic advantage."
"There are very few film companies tapping into the Chinese film market in this way, so we hope to capture a lion's share of the business through these early strategic partnerships," Mr. Hammond adds.
Hairun Pictures is a Beijing-based film and TV company with over 800 episodes of Chinese television drama and domestic Chinese film productions per year.
About Superior Venture Corp.
Superior Venture Corp. is a US based public company. Its wholly owned subsidiary, Ilustrato Pictures Ltd. is an international motion picture development and production company seeking to co-create feature film projects with Chinese film companies. All of its projects are financed, produced and distributed in partnership with domestic Chinese companies. Ilustrato Pictures has developed extensive infrastructure and distribution networks in China --the fastest growing and most dynamic movie market in the world.
For more information see http://www.superiorventurecorp.com
Contact: Investor Relations Tel: +44 (0) 207 543 7720
###
Cautionary Statement Regarding Forward-Looking Information
This press release may contain certain "forward-looking statements" relating to the business of Superior Venture Corp.. All statements, other than statements of historical fact included herein are "forward-looking statements" including statements regarding the advantages of Superior Venture's products and services, anticipated advantages resulting from the merger, whether funding anticipated from completing the merger will result in successful completion and development of the film development component of the business and its market acceptance, the business strategy, plans and objectives of the Company and Ilustrato Pictures Ltd.; and any other statements of non-historical information. These forward-looking statements are often identified by the use of forward-looking terminology such as "believes," "expects", "intended" or similar expressions, involve known and unknown risks and uncertainties. Although the Company believes that the expectations reflected in these forward-looking statements are reasonable, they do involve assumptions, risks and uncertainties, and these expectations may prove to be incorrect. Investors should not place undue reliance on these forward-looking statements, which speak only as of the date of this press release. The Company's actual results and ultimate corporate actions could differ materially from those anticipated in these forward-looking statements as a result of a variety of factors, including the perception of investors of the newly merged company and their willingness to fund this newly public company, the demand for films and film development, new products and services developed by other companies, market share garnered by competitors, ability to maintain customer and vendor relationships, and those factors discussed in the Company's periodic reports that are filed with the Securities and Exchange Commission and available on its website (http://www.sec.gov), among other factors. All forward-looking statements attributable to the Company or persons acting on its behalf are expressly qualified in their entirety by these factors. Other than as required under the securities laws, the Company does not assume a duty to update these forward-looking statements.
This article was originally distributed on PRWeb. For the original version including any supplementary images or video, visit http://www.prweb.com/releases/2012/11/prweb10186929.htm
This news release was distributed by GlobeNewswire, www.globenewswire.com
SOURCE: Superior Venture Corp.
CONTACT: Superior Venture Corp.
Investor Relations
info@superiorventurecorp.com
+44-0-207-543-7720
As long as I see big gains like I did in SNP*. Going to be a good Christmas.
I was thinking the same. I like the .70-.80 range, but this will most likely be their last play of the year, so they might go big on this one to create momentum for themselves going into 2013.
Any of the mods want to sticky the news for everyone?
SVEN
Makes sense. Usually APS sends out their e-mails with news during the day, not usually in the morning, but releasing afternoon I guess allows them to maximize sending out the e-mails to hype it. Overall stock is looking fine. This is normal APS play going on. All the bashers are ridiculous. I am sticking by my .70-.80 range.
No I was just saying it would have been better to release the news right before market open tomorrow. Releasing now doesnt make sense to me.
SVEN just released news now. I am not sure why didnt wait until tomorrow morning but here it is:
Superior Venture Corp. Subsidiary, Ilustrato Pictures Signs New $8 Million Production Deal With China-Based Film Group16 minutes ago - GlobeNewswire via Comtex
via PRWEB - Superior Venture Corp. ("Superior" or "the Company") (OTCQB:SVEN) through its wholly owned subsidiary Ilustrato Pictures Ltd. ("Ilustrato"), has signed a feature film development deal for domestic motion picture co-production with Beijing-based Hairun Pictures with a total budget value of USD $8 million.
The feature film Stuck is a domestic Chinese drama set in a traffic jam in Northern China that is designed primarily for distribution to the domestic Chinese market. The second feature, Disoriented, is an English language crime thriller based on a true story set in North America. The two films are expected to go into production in 2013.
Brian Hammond, Company President and CEO of Superior Venture Corp. states, "Our development deal with Hairun Pictures gives us the opportunity to add a significant base to our Chinese domestic film roster. Both of the films will involve the writing and development assets that our subsidiary, Ilustrato Pictures brings to the table. They also follow the formula we are establishing for Chinese content films distributed to domestic Chinese box offices, which are largely integrated vertically through the production studios in China. It's a unique pairing that gives both of our companies a distinct strategic advantage."
"There are very few film companies tapping into the Chinese film market in this way, so we hope to capture a lion's share of the business through these early strategic partnerships," Mr. Hammond adds.
Hairun Pictures is a Beijing-based film and TV company with over 800 episodes of Chinese television drama and domestic Chinese film productions per year.
About Superior Venture Corp.
Superior Venture Corp. is a US based public company. Its wholly owned subsidiary, Ilustrato Pictures Ltd. is an international motion picture development and production company seeking to co-create feature film projects with Chinese film companies. All of its projects are financed, produced and distributed in partnership with domestic Chinese companies. Ilustrato Pictures has developed extensive infrastructure and distribution networks in China --the fastest growing and most dynamic movie market in the world.
For more information see http://www.superiorventurecorp.com
Contact: Investor Relations Tel: +44 (0) 207 543 7720
###
Cautionary Statement Regarding Forward-Looking Information
This press release may contain certain "forward-looking statements" relating to the business of Superior Venture Corp.. All statements, other than statements of historical fact included herein are "forward-looking statements" including statements regarding the advantages of Superior Venture's products and services, anticipated advantages resulting from the merger, whether funding anticipated from completing the merger will result in successful completion and development of the film development component of the business and its market acceptance, the business strategy, plans and objectives of the Company and Ilustrato Pictures Ltd.; and any other statements of non-historical information. These forward-looking statements are often identified by the use of forward-looking terminology such as "believes," "expects", "intended" or similar expressions, involve known and unknown risks and uncertainties. Although the Company believes that the expectations reflected in these forward-looking statements are reasonable, they do involve assumptions, risks and uncertainties, and these expectations may prove to be incorrect. Investors should not place undue reliance on these forward-looking statements, which speak only as of the date of this press release. The Company's actual results and ultimate corporate actions could differ materially from those anticipated in these forward-looking statements as a result of a variety of factors, including the perception of investors of the newly merged company and their willingness to fund this newly public company, the demand for films and film development, new products and services developed by other companies, market share garnered by competitors, ability to maintain customer and vendor relationships, and those factors discussed in the Company's periodic reports that are filed with the Securities and Exchange Commission and available on its website (http://www.sec.gov), among other factors. All forward-looking statements attributable to the Company or persons acting on its behalf are expressly qualified in their entirety by these factors. Other than as required under the securities laws, the Company does not assume a duty to update these forward-looking statements.
This article was originally distributed on PRWeb. For the original version including any supplementary images or video, visit http://www.prweb.com/releases/2012/11/prweb10186929.htm
This news release was distributed by GlobeNewswire, www.globenewswire.com
SOURCE: Superior Venture Corp.