Twitter: @jockinmikeg
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SVTE: good luck guys, I'm out at my biggest loss of the year. O/S up over 500% and no end in sight. It's a matter of time before TA reveals another innocuous 5-6M. No worries, right? Just release another PR about more trucks on the lot that no one will see because they are too cheap to pay for a real PR that hits all the wires. 10-Q provides that more acquisitions to come with no clarity on how they will be funded. And the mgmt is absolutely fine going the same route they have been - funding their growth with the blood of retail investors. Sorry to all those who bought big on the "undervalued" thesis like me. I learned my lesson. When shares are dispensed like candy, who cares what the P/E ratio is for a pink stock?
Case closed.
AUDIO Interview w/ NEJM physician expert on Tobacco Industry:
http://www.nejm.org/doi/media/10.1056/NEJMp1509510/NEJMp1509510_interview.mp3?area=
Bat money comes from my favorite superhero, Batman, of course.
I remember reading you saying that you bought in around $4, which would explain your frustration. It's still a spec play, but the science is legit and there is much interest in the healthcare industry for a product like this to help smokers quit. Cash flow situation should be ok moving into FDA decision, which, if positive, should make licensing and distribution deals easier so they won't need to dilute.
Video of NEJM study using XXII very-low nicotine cigarettes:
http://www.nejm.org/do/10.1056/NEJMdo005032/full/?requestType=popUp&relatedArticle=10.1056%2FNEJMsa1502403&
Yes, the volume will keep coming if the price continues to climb. Posted your sticky to the SM board. Get the word out guys.
SVTE: put small blocks on the ask. That's what I've been saying. People here don't know how to trade. A little pressure off the ask moves this 50-100%. Thank you !!!!
A few smacks and this is set up for breakout. Over 10% O/S traded again today.
SVTE (.004) up on crazy volume. It is entry time: Market cap only $425k, which is half of current quarterly revenue and less than one tenth of the expected annual revenue.
http://finance.yahoo.com/news/team-completes-purchase-mcv-companies-212400784.html
Excellent SS (as of July 27, 2016: O/S 118,982,516; A/S 500,000,000; Restr. 8,439,296; Float 110,543,220)TA ungagged btw.
Quarterly Revenue Q3 '16 (note: fiscal year starts in September; audited SEC filings): $940,796
Summary Annual Revenue
Expected 2016 = $ 5.0 mln ( 92% increase over 2015)
10K 2015 = $2.6 mln ( 100% increase over 2014)
10K 2014 = $1.3 mln ( 30% increase over 2013)
Convertible notes with maturation dates in 2016 and 2017 only $109K
Filings reflect revenue growth and you will not find a better balance sheet in OTC under 10 cents. Book value based on financials should be about 3-5 cents and extremely undervalued.
I think you're confusing revenue with earnings. In order to post a .05 EPS this quarter, that 3.8M or so would have to be profit.
.05 EPS? Give me some of what you're smokin, Wes.
$XXII
Out EVOL flat/slight loss this morning PM. Tough comps coming up, and clearly the transition to SAAS hurt revenues. And no divvy, so no reason to hold here IMO. May check back in if it goes under $4
This is where a group could get behind this and pump the hell out of it so all the SVTE bag holders can get out. 52-wk lows. GLTU
EVOL: I would consider a trade if it settles below $4, but as others have stated here it could be dead money for a while. Heavy volume means a lot are leaving and shorts piling in, so maybe we see a bounce on a well-timed buy. There just isn't much to hang onto here. Interesting comment about the EVOL employee mentioning BO, but I'm done investing on rumors so I will wait until it's cheap enough to flip it or until we see them turn earnings around. Hope your Q3 speculation is close, for those still hanging on.
EVOL at 52-wk lows. I somehow got out flat pre-market, but I own no shares of EVOL for many of the reasons you listed. The obvious one being the div cancellation, which doesn't entice much holding since the switch to SAAS seems to be experiencing growing pains. I don't see any reason to buy shares until they show evidence of a turnaround. Best.
Technical move. When a stock price breaks above a certain level of resistance with volume, traders jump on and shorts cover, creating more volume.
Nice day today. Chart ready to break a very long monthly downtrend if buying pressure continues.
Nice insider buys made on August 1 at 1.42
Yep they're trading the box. Need to break this channel with some volume to knock them out.
I am still holding my shares, because it would take very little buying pressure to move this 100-200% in a day. One investor opened a position here and moved the stock 50%. Imagine the impact of a group on this SS.
I think many used the volume to lighten the load or get all out. Id like to note that the ridiculous blocks of 1M on the ask put up all at once tells me that someone bought big lower and is scalping. I am starting to feel like no one here knows how to trade sub pennies correctly. 100k and less on the ask, you amateurs.
SVTE: nice news on no more dilution. Need some ask slapping, now that we have a solid bid support. See where this goes.
That's the elephant in the room and the only reason I haven't bought more. I don't know if this volume is short covering or he's really done. Some clarity in the form of an investor letter would be appreciated because this is very cheap right now.
The Pfizer connection is interesting. There will always be a demand for generic drugs/antibiotics, but the margins are small. I don't completely trust Chinese pharmas, and this one has obviously had their shares crushed by debt and delisting but the price down here is compelling and could explode if they don't suddenly get a BK. Good luck to us ??
I am in small lotto. Easy double or triple from here and the float is small. Tread lightly.
Low floater penny stock here. Could have explosive moves with any volume at all.
Nice day NAII. Looks like bottom may have been put in at $10.20.
NAII: Missed out on some cheaper shares last week, but nice to see my holding green finally. It appears the overhang may have eased off a bit, but no one knows if he is done selling. I haven't added more to my first buy since there has been a lack of clarity on that, but the recent price action indicates a temporary bottom around $10.20 and we look very nice today. What is your take on earnings expectations? Thanks.
Great entry point and love the Sunday activity on the boards.
Agree, and thanks for getting the word out. Warts and all, this is severely undervalued and thin. I keep saying the right group can push this sky high.
Diluting MMs backed off. This is all retail on the ask. Come on guys, does anyone know how to trade pennies correctly. Lighten the ask and take your foot off our neck so this can run.
SVTE red to green on volume. Shares being bought on the ask. Current note should be cleared out. Bottom feeders jumping in IMO
5M on the bid at .0028
Someone brought their wallet.
$SVTE
All I know is that the O/S increases by 5-6M every ten trading days or so. Yes, it's still a tiny float if everyone who says they are holding really is, but the only attention high volume days like this will draw is flippers who will play the price channel it's trading in.
Funny thing is, the right group of traders with big accounts could move this 300% from here so easily.
While some will wait for organic growth to increase the share price, I bet 90% are waiting for a P&D crowd to jump in and take this back to a penny so they can get the F out!
Working hard on the business is great, but there is an implied fiduciary responsibility to shareholders when you are the CEO of a publicly traded company and you are finding that growth through reckless dilution.
SCKT: in at 3.01, think we see this gap down followed by a bounce.
PYDS: out. Stock is being promoted by Broad Street Alerts. Will wait a few days before hopping back in.
PYDS: up big on banking partner news
Payment Data Systems Expands ACH Network with New Banking Relationship
7/27/16, 8:00 AM
SAN ANTONIO, July 27, 2016 (GLOBE NEWSWIRE) -- Payment Data Systems, Inc. (NASDAQ:PYDS) today announced that it has established a fourth Originating Depository Financial Institution (ODFI) relationship, expanding its ACH processing network for merchant customers.
“We brought on this new ACH banking partner to better serve the needs of important customers. It expands our competitive advantage in the ACH processing arena and provides additional capacity, stability and readiness to existing and future customers by offering them an additional channel to transmit payment traffic to the Federal Reserve network. Operationally, it adds redundancy and better risk management to our system ensuring that we can provide the highest level of service in the industry,” said Louis Hoch, President and COO, Payment Data Systems, Inc. “The additional ACH network capacity is expected to increase traffic from existing merchants who have already expressed interest in maintaining multiple banking relationships, as well as help us to attract new clients to our platform.”
“In financial technology, strategic bank partnerships are critical. These partners help us define the parameters around the products and services we can build and offer. Peer-to-peer services like PayPal, processing companies like Square and Stripe, and even blockchain exchanges like Coinbase were all created from bank partnerships with financial technology companies. Our ability to build these partnerships in an era of ever-increasing regulation on banks has become a key component to reinforcing our competitive advantage and building barriers to the competition,” added Mr. Hoch.
About Payment Data Systems, Inc. Payment Data Systems, Inc. (NASDAQ:PYDS), a leading integrated payment solutions provider, offers a wide range of payment solutions to merchants, billers, banks, service bureaus and card issuers. The Company operates credit, debit/prepaid and ACH payment processing platforms to deliver convenient, world-class payment solutions and service to their clients. The strength of the Company lies in its ability to provide tailored solutions for card issuance, payment acceptance, and bill payments as well as its unique technology in the prepaid sector. Payment Data Systems, Inc. is headquartered in San Antonio, Texas, and has offices in New York, New York; and Los Angeles, California.
For additional information please visit www.paymentdata.com. Websites: www.ficentive.com, www.akimbocard.com, www.streamprepaid.com, www.zbill.com.
Great day today SVTE. Good to see some new faces here.