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.
Amazing how the tone of the posting(s) has changed.... Now even considering buying shares. Waiting for a better buying point when the stock is already at slightly above a PENNY?? Just how much lower is "better" - we are practically at zero as it is now. In addition the volume has significantly dried up in the last week, so buying any large chunk of stock at this point will increase the pps quickly. Ironically that drying up of the volume has happened at the same time SFRX filed suit for libel against an internet poster.
Big share structure? Yes almost 900,000,000 million out there, but the active "float" is what matters. There are just a few shareholders that control close to 150,000,000 of these shares, and know that for a fact, because I know these people - and they aren't looking to sell at $0.03 let alone $0.10.... Even if 200,000,000 shares traded hands - that would only be slightly less than $3 Million. If the crew does find any substantial amount of "treasure", that could be held in one bucket's worth.. That puts in perspective.
Yes it is interesting how things are working out. This is treasure HUNTING, not Treasure FINDING. There isn't any recipe to finding the proverbial needle in a haystack (that would be infinitely easier in my opinion) in what SFRX is doing in the Atlantic Ocean.
For people that believe or subscribe to the idea of locating treasure from a long lost vessel is or can be a reality, this is the ticket you want to hold.
Im one of them have been for a long time and will be for a long time to come, or until they find what we believe is the Nuestra Senora de la Concepcion.
Ive been holding for over three years under that premise
Please elaborate on the so called "BLUNDER" you reference...
YES wlfr01 - it does matter...
Tell him what you really think
Yes I have met the CEO. Pretty much a straight shooter, and did not give any "promises" or "pump up the stock" talk... Just the facts that they had reason to believe they were onto something. It is treasure hunting, not treasure picking. Is this your conventional company that has a slick office, people behind desks, selling a product to the masses? NO... It is a group of guys on a old refurbished boat trying to beat the odds against them in a very large ocean!
Its been a long wait, and its money I don't need (and I sure hope most of the investors in this stock don't) need the money... it may be a while before anything shiny comes up from the ocean floor!
This is not an investment for the faint of heart.
Yes I did see it.. Here is the link to the YouTube video
Yes I own a boat load...
Have for right at three years now and holding firm... Why on earth would one sell here at these levels. With all the trading over the last two weeks (millions per day) I am glad to see it hasn't "tanked" below 1 penny...
Sure one could flip in theory, but try moving around 500,000 shares each time for a flip - you won't get good results unless your timing is perfect.
I think the next couple of months will tell the tale on SFRX - for me Im holding for much, much higher prices...
Good luck to you!!
Imagination might be placing it a tad high on the human anatomy... I was thinking out of their a##hole....
Great day!!
That is about the best written post by a member that does not own shares in SFRX. I appreciate the tone and detailed explanation and agree with most of what is stated with one exception being, once the "payday" hits the stock price will most certainly be much higher than it is here.
The risk/reward at where we are now is off the charts high. I would imagine that a $5,000 investment here to buy what amounts to 275,000 shares would only buy 50,000 (or at best 100,000) shares once (and if) treasure is brought up.
a "joke"?? You think this is a game or something? That is why its called "Treasure Hunting"... just like Duck Hunting or Deer Hunting... You hope to find something, and go about the best way of securing the end result. Some days you come up empty handed.
Your quote "stupid idiotic venture"... is way off base here
yes...look at the last trade...hahaha! looks like it's positive
its green
pukes on you
No - there hasn't been a dilution recently, and the SEC requires all private placement transactions to be reported in the K-1 reports.... Not sure who you think ruptureheadjoe marketing is anyway.
And please define "promo" since it is lately a hot word in the posts.
Also, please also list the "Fluff" Press releases.
SouGal - Neptune's Gold Trident isn't
on this wreck. It's on the one off NC, which will be permit #4
That news will be released sometime in 2015
Buc - Because that is how the process works, you have to identify three pieces from the wreck, then present to the State for conversion of the permit to salvage... Pretty straightforward stuff here...
GG - We all know the truth! You have been spot on the money, well treasure I should say...
Now its going to be how quickly can the Iron Maiden get on top of the site and pull up some shiny stuff, so we can book our Charter boat and go enjoy the booty!!
Looking forward to it!!
Damn Straight!! But we are all so heavy in it, we might just sink the boat with shares!!
Tomorrow IS THE DAY!!!
Osprey - Go ahead and try to sell short some stock then.... Maybe you are right, but maybe you are wrong - time will tell!
Lindy - Count me in!
In fact Ill even bring the beers!
$60K for a "penny stock" is a pretty lofty amount of money
That in itself is telling
We are close!
Take a look at post 32252....
The upper end of this current channel is $0.025 to $0.027
Unless there is news, that would be the trade point
As for me, Im in it till we see gold on the deck
Not that SFRX can "trade" on operating fundamentals (cause it has no financials), but the technical picture is setting up for another bump up, here's why:
> We are coming up at the "golden cross" where the 50 DMA is crossing above the 200 DMA
> There is a well defined trend channel that started back mid April, and we are at the low in that trend
> Todays candle stick is or will be what is known as a "Long Legged Doji" or a stock with a great amount of indecision
When you see all of these in concert, it is usually set up for a nice bump up. If it breaks the channel, it usually gets ugly quickly. Hopefully for us it is the first scenario!!
Please read my reply to each your statements:
<What steps remain to be completed before the state can approve/decline the permit. What is the estimated timeframe?>
Why would you think a publicly traded company would divulge their deficiencies, or remaining items to accomplish in a permitting process? And why would they speculate on a timeframe?
<Why has the process has taken nearly 1.5 years? Was is all back and forth with the state or were there issues between HTQ and SFRX?>
Again the time frame is what it is... Nobody from SFRX has ever stated publicly on the timeframe for these permits, why do you think they would now??
<On the website, I'd like to see the following addressed
Details on the division of responsibilities for site #3- Will HTQ be playing an active role?
What has been decided regarding media coverage, should an approval be issued. >
Again I don't see any benefit in SFRX releasing details contained in permit #3 unit it is issued!
<What is happening on Juno?>
Valid point, I would like to hear about it too....
<Will Juno be abandoned should a #3 permit be awarded? Will the company lease a boat so that both permitted areas can be worked simultaneously? >
Again why would the company publicly comment on things that are potentially tied to a yet to be released permit??
<I'd like to know why shareholders learned from an SEC filing rather than a PR that Lantana yielded nothing.>
If you are commenting about postings and readings off a board such as iHub... you really need not question them - anyone can, and does, post anything... These postings don't really bear any official status, nor will the company quote them... They really are just for entertainment!
The volume is not low and if it was low it would because there aren't enough motivated sellers and buyers at the current price. With a stock like SFRX where just $10,000 can make a huge dent in the share volume, it isn't hard to see why and how the pps can easily move up/down....
As for investor relations - what do you want to hear from the company? That the "supposed" permit is coming this week, next week...? They will communicate this to the public when it is done. Before that, nothing can be said publicly. I want to hear it myself, having suffered through "next weeK' syndrome for almost 9 months now on this deal.
Right now this company trades on pure speculation so it is suspect to violent swings. If we do get a permit on the Concepcion site like many of us think we will get, all of us who are shareholders will be very, very happy for holding.
agree 100%. And if you are going to look at technicals, we are about to see the "golden cross" of the 50dma line and 200dma line. Look at the last time that happened in SFRX. We are trading on any financial fundamentals in our company, but pure analysis of the charts all point to higher movement.
Now you're talkin!!!
Not that our company has any financials that the stock movement can be based on, but looking at it this morning, we have now closed above the 200 dma for the first time in a LONG TIME... that is bullish. Plus the 50dma line is now trending up, again good technical sign. I think $0.02 is the magnet pulling it upward. Wouldn't it be nice to see SFRX at $0.10 ?? Lots of happy campers I would imagine!!
well said!
"Barrowed" at 0.0175 huh? So are you saying you borrowed and sold (i.e. shorted) at 0.0175? funny how the high trade price today is 0.015
Please state your "widely known" source...
jrf30 - I agree with your thoughts 100% Id much rather be in than out because anyway now, this stock could potentially double or triple with a positive news announcement...
Well said SCTTS, well said!
You are so right - the Government works on their time schedule - not ours! It will be worth it when the permit is officially granted. I'm sure there have been many details worked out since Heritage ruined a ton of good will with the state of FL
What is the purpose of your post??
Do you not understand that investing in this stock is a VERY SPECULATIVE venture? Does it matter what the day to day closes are?? The long term investors here don't care about daily closes or price action. We firmly believe that something big on the horizon exists and are willing to wait out the daily price fluctuations.
Alert the Op? about what??
Does it really matter on how many days of trading in the month there are??
Look for a press release coming anyway now....
That is true on 100% of the stock sales made in the market UNLESS it is a margin call forced sell, and even then they get the cash. What is your point?
even 1/10th your valuation will make MANY millionaires on this board.....
You will see it soon enough, its coming