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haha love that badams!..
i haven't been around the penny's long enough to really formulate an opinion that will hold much weight...but a few things could be happening here..
on the negative side of the spectrum, the gagged TA could mean horrendous things...dilution being up there (driving the PPS down to potentially no bid)...I personally don't think this is the case because the company is just too legit. For starters, they have a real product. iHubers have ordered, received, and tested the product themselves. They also have an OLYMPIAN spokeswoman, and if I had to guess, I wouldn't think an Olympian would be endorsing a faux company IMO. Thirdly, the CEO as posted by previous iHuber's has been involved in Fortune 500 and 100 companies for a number of years, and I don't think he chose a pump and dump scheme for his next move in his career.
now onto the positives...i can go on for days here, but for starters, they could be taking down the number of shares, which would undoubtedly raise the PPS...I believe Penny let us all know that the share count was down 10mm (if i remember correctly) about a day or two prior to the gag. An acquistion could be in the works as well.
The CEO said WHILE BEING TAPED that there will be no dilution, so I have to give him the benefit of the doubt here until I see otherwise.
I also feel that there are a group of traders intentially trying to contain this thing for some reason. I mean whenever this thing is at 0003/0004, there are just an absurd amount of trades/paints whatever, to get this thing back down to .0002 on the bid.
IMO, I think something positive will come out of this for us loyal STKO'ers. Of course I have no way of knowing this for sure, but my gut is telling me so. As far as what we need to get it going...a HUGE 100+mm volume day, quite like today...only with a ton more buys will not only get the name on people's radars, but it would really test just HOW real the wall at 3's and 4's are. A big PR would do this thing even larger wonders. If we can get a PR with them putting their product on the shelves of a smaller version of Walgreen, Walmart, Target, etc, this thing will fly. We just need to get out of the trips IMO. Sorry for the rambling, but I hope this helps!
Again, all my opinion.
Very interesting indeed..
Lot of action today in STKO city...Not sure what to make of all of it, but I definitely don't like VFIN on the ask and after that much buying volume at .0002, VFIN not moving isn't encouraging. Let's see how next week shakes out GO STKO!
holy buying volume
Seems like someone really wants to see this stick at the .0002/.0003 level..
Would really enjoy seeing some nice buying come in today!
Welcome back .0002 wall...I did not miss you, not one bit. Also seeing VFIN on the ask at .0002 with the infamous 10k number is extremely concerning....
BlackOPS board is GREAT! That's how I learned a ton of stuff regarding Technical Analysis...The BOS man is awesome at this stuff!
Morning all, by chance did anyone check in with the TA either yesterday or this morning to see if they are still gagged?
Regardless, good or bad, we need an update. The uncertainty is reason enough for them to speak out.
Morning all. Let's see what today brings....GO STKO?
Don't expect anything until March 15.
I appreciate the enthusiasm Ron, but you don't have any evidence to back up your claims...ever.
I'm hopeful it will go up, but the chart doesn't agree with you what-so-ever.
Listen everyone, I know that this 100% seems like it is negative, however, fact of the matter is that STKO, unlike MANY MANY other Penny's, is a REAL company that has an Olympian as a spokeswoman (confirmed multiple times) and a real product.
I definitely see how a gagged TA could be perceived as a horrendous thing to do because, hey -- why would you need to hide the SS from the investors if it wasn't negative, but the aforementioned facts remain which leads me to be cautiously optimistic.
There is, however, a potential upside to this. I'm sure the company is in close contact with the TA and thus is informed that people are getting SS updates pretty much daily. Perhaps we weren't supposed to see that they took down the OS so much, and therefore are trying to hide it so that they can release a PR and hopefully drive the PPS higher. The effect of having a gagged TA -> a PR saying that the OS has dropped is WAY more significant IMO than if we were able to receive this information without hearing from the CEO/company directly.
Am I worried that this thing is going to be get dumped BIG time...YES
Am I worried that my investment may not pan out...YES
The bottom line is this: If you believe in the company, stick around for a bit and see how this shakes out. It could absolutely get worse, but it could also get a LOT better. It's very interesting that's for sure.
I for one am not going anywhere. I need to see how this shakes out.
Again, all my opinion.
Just ran an ALL POST search on iHub...quite simple.
Thank you, e-mail sent (that # I tried already and no answers)...
I wouldn't be surprised to see a few Form T's either today, tomorrow, or Friday to be honest.
Response:
Good afternoon again Todd,
Unfortunately, this is the request came from the company. We are only able to provide you information to your own position within the firm.
As always, if I can be of any assistance please feel free to contact me any time, day or night.
Best regards,
Ralleigh Grandberry IV
I've sent a follow up response and am waiting to hear back again (they were extremely quick to send a response to me the 1st time around)
Similar to Penny, this is the response I received:
Good afternoon Todd,
Thank you for the email. You are correct, I did send Mr. PENNY the email on Monday, however, we humbly ask you to speak with the company for any further details, inquiries and/or share structure request.
As always, if I can be of any assistance please feel free to contact me any time, day or night.
Best regards,
Just sent an e-mail to TA referencing to the share structure that was sent to Penny on 2/25. Awaiting their response now.
I agree but it is concerning. Usually a gagged TA is not a good sign, but I suppose he could want them to keep their mouth's shut if he's planning a large buy back or something to that extent and include it in a separate PR.
Saw this on a forum board..
in case you did not know, you can go to a judge, get a subponea, and have the TA and/or the company give you the share information. If it is a public company, they HAVE to release that information by court order.
Are they not allowed to give our SS so close to quarterly results? Quite like a quiet period? Just trying to think outside the box here..
Decent slap at .0018, let's take these out!
Someone take out those 18's quick!!
Agreed here. Maybe a promo is in the works? Let's see where this thing opens up today. $NSAV
Potential promo imminent? $BCDH getting some chatter around the iHub boards...let's get some volume here!
Yup, # out of service is definitely NOT a good sign at all.
Slowly chipping away at these 5's, good sign!
The painting is just horrendous IMO.
Fluke sale...the bid is at .001 right now....the ask is at .0017, pretty big spread.
VERT is only on the ask at .0005 for 5MM...has he historically just kept reloading it to this level or what? IMO if they are converting he would just sit at the infamous 10k level..
Have to get past these .0017's!
Key phrase in that comment: 8 min's into the day....let that sink in for a second.
May be waiting for their quarterly to drop some news on us? Who knows, maybe a big inc in revenue is upon us... $STKO
$BIOL Launches Soft-Tissue Diode Laser for Veterinary Applications
BIOLASE Launches Soft-Tissue Diode Laser for Veterinary Applications
$AXCG slow and steady climb up. Ready for the next leg here IMO.
Very, very cool! 2-page spread for Anthus!