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I disagree. Just like anyone who is personally in debt, if they have a job and focus, that debt can be paid off and go away. I think that APT going public has a chance to turn their financial status around. They are selling products and have a revenue stream. If they focus and make it a priority to get their debt paid off, then this company has a chance. It just is unknown if when they get to the mountain top if they are going to push the investors off the cliff and run with the money.
Sometimes you have to step back and look at the big picture. The company hasn't even been public 1 year yet. They are as about as low as you can go. Will it turn around? Don't know but they have the infrastructure in place to push towards getting out of debt. I would be alarmed if they didn't have products or an ability to sell. They have new products coming out and just acquired Motoped. I am cautiously optimistic.
I see your point on the disaster but after people lost money and took a loss and got out, the constant harping and coming up with all these bogus claims such as "APT only makes $25/per unit on a sell" doesn't help the pps either. Folks are mad...but why do they hang around when they got out months ago? I would think it would be mentally healthy to just move on. Constant negativity has yet to produce a winning formula on anything in life, including stocks IMO.
Get your shares now...Earnings in 2 weeks.
WOW EOD reading and came across this..$10,445...I about fell out of my chair. I know reading financial statements can be hard but a simple ECON 101 class would inform folks on the basics of financial statements. This was just horrid analysis.
What does government do when they are wrong?
They raided a company with at best 10 employees and which only 5 (at best) were targets of the investigation and so far after 150 days have filed no charges... They went in hot and heavy..seized computers and property.. They took funds out of a bank account and you would think they had a rock solid case and charges are coming A.S.A.P.
BUT NO!
1 month..2 months pass by..No charges filed...
3 months ... then 4 months pass by... No charges..
5 months now.. NOTHING!
I contact the U.S. Attorney's office and prosecutor's office and told (off the record) if nothing is filed in 9 months, that means the likelihood of anything being filed very, very low - even in a possible fraud case. So now we are looking at next February for the F.B.I to either make a case, make up some b.s. to charge FSPM with or let them go.
If government is wrong and you are in their sights, they will drag things out and make your life hell and hope you slip up in the mean time to justify their wrong actions. They are on the clock tho..they can't keep up this fake investigation forever. Tick-tock!
DOW down 400..Buy some IFON..NO DEBT Company...Oversold!
I wouldn't expect any...They should but won't...This is the fifth month since they were raided and no charges have been filed...it won't be until month 9 that they are in the clear. (I personally think charges are never coming - this is a whole bunch of b.s.) But you have to wait until these idiots in government "complete the investigation". I have a hard time understanding what they can conclude in month 9 that hasn't been uncovered by month 3 but the saga continues...At least we are closer to the 9 months being completed than not.
IFON $1.50 is ridiculousness at its best. Company worth more. These prices can't hold down here. With this low volume..MM's are pushing it down to squeeze out all who bought over $3.00. This kinda trading tends to make folks believe the market is rigged.
Down, Down she goes!
Down, Down she goes!
I tried to pull her up,
I haven't had much luck...
Down, Down she goes!
ENRT!
WOW! MJ stocks peak in Jan-April.. You are trying to sell at 3's and hold a bag.. This will be .003 in 6 months.
That is funny! Will never happen but funny!
I said "adapt" and Redbox was and adaptation of Blockbuster...Just as Netflix is an "adaptation" of both Blockbuster and Redbox -
I can say that "adapting is not moving your dvds from a store to a vending machine to mail carrier or download."
Soon there will be one 100's of accounts instead of the millions of subscribers for Netflix because pirating is so easy these days.
Same thing is happening to music. Unless you have a live product like sports, most of the media will fail..
hahaha!...Really?...please explain..
It's time to buy..can't get lower than .0001....hahahaha!
Almost 1 billion on the bid now @ .0001
If you didn't buy today, you may have missed out...For the next 3 days we will be in the black. This will hit $2.25 at least in the next three trading days..IMO..Hopefully with a surge, we will hit $2.30's or $2.40's..IMO.. Happy trading..
This is the loading zone my friend..I'm on record saying don't load before under $2.00...But this is definitely the time to load IMO. $1.80 - !.90... If you just look at the chart for the past 6 months...You will see what I mean. I knew this was going to fall back to this range but in the 1.80's, you can call this the true bottom..IMO
Why? There is so much dumping going on right now..
Just being realistic..A bunch of stop losses are about to kick in right at the opening bell for all those who don't wake so early...I'm supposed to be sleep..I'm on the west coast and been up all night..I'm tired but this train wreck..I can't stop watching it...I'ma pull an all-nighter I guess now.. See how far they fall before I jump in.. Sorry to all those that lost $..
I don't see how people will hold this if they bought above yesterday's closing price thinking that this was going to go up.. I'm thinking realistically .75ish..
If you were looking at this for the first time, would you be a buyer here?
yeah buying coming in but some people's stop loss is going to kick in at the bell. Huge selling still to come..
A group of Wall Street investors lost their legal challenges yesterday over the treatment of Fannie Mae (OTCQB:FNMA) and Freddie Mac (OTCQB:FMCC) shareholders after their bailout in 2008.
The investors sued for breach of contract over allegedly promised dividends and liquidation preferences, and what they called an illegal “taking” of their profits by the U.S. Treasury.
The lawsuits are among the first of almost 20 related cases to be decided.
Really? Lemmings? They don't cause 60% drops...Even those little mf'ers know when to stop running over the cliff..
So what went on to cause the drop?
Hard to be a Lion when you don't know what the panic is all about..What is the reason for this huge dip anyway..? Anyone? Could this keep falling?
If you're waking to this...I'm sorry for you!
Oh the horror..the HORROR!
I forgot about Freddie..They mirror each other..They both are down big time. put in a 30000 bid at .05 for both FNMA FMCC..sorry to those that lost big here..
30000 bid at .05...Going to sleep now..hahaha!
I'll buy some if it goes to those 2008 levels.. .20 cent ...
I've been up all night and don't own but just track this stock and was like Whoa...What the heck happened here.. People are going to be crushed when they see this at the open..Shorts will be delighted tho.. Sorry for anyone who lost money on this..
What happened?
Time for sleep..
Too bad for them...Redbox is the new Blockbuster.. Adapt or get left behind.. I'm curious to see how Radio-Shack gets itself out of the bind it is in. Or if. YOD will get sold to someone if they are smart. I know that if Alibaba buys them, it would be an overnight success. They have too many customers for it not to take off..Plus that would make really good business sense... They could advertise during the shows at the beginning or just throw in one commercial. That would be huge.
lol..Alibaba is Amazon, EBay and PayPal all rolled up in one...Their arrogance (just like Amazon is attempting their own content created shows like Netflix) will drive the decision to buy YOD or someone like them that occupies that space that has a foothold on being the Netflix of China. Instead of just building their own, I see them buying YOD and expanding on what they started - just like all major companies do. They have a ton of cash to spend from this IPO - the most in business history. After they buy YOD, Alibaba will then be the Amazon, EBay, PayPal and Netflix of China...Fully Diversified.
Shane_working a deal for Alibaba to buy YOD. News coming soon IMO.
It_is_hard_to_see_MTVX_in_a_positive_light_when_it_seems_there_are_people_that_intentionally_try_to_keep_it_in_the_red. We_know_that_there_is_still_value_here_tho.
This scenario was what I was trying to say or point when I was talking about the fall in the price but was inartful(sp). All of last month when I bought 10k shares at 2.49.. The price kept fluctuating from 1.80's to 1.90's to 2.20's and back again. I was so frustrated and finally got out on the surge last week. But yeah.. You have hit the sweet spot .. Should be here for a while until late this month when earnings come out and it takes off again.
I thought these guys did seafood or something like that.. I will buy a ton when this goes to .0002 - .0004.
I got the same kind of response but from the other side. The Feds are still investigating but "like I have said", if they had a smoking gun, these guys would be in jail already but the investigation continues and they won't be free and clear until about 9 months after the investigation started.. If no chargers are filed by February, then these guys are out of the hot water.
If this gets lower, I'm a buyer.. By the time the investigation is over, it will be too late to buy.
Are these suspended companies still required to report?
Please read prior earning reports in order to refute claims I made in my statement ..plus look at the chart. IFON has had quarter over quarter improvement for the past year. They are debt free. The stock gets attacked by shorts until there is a paradigm shift in the company, btw - it is coming. This will run hard from here until the beginning of next year. I'm just looking to get in as low as I can.. I hope the panic selling continues so I can grab all the cheapies that I can. This can hit 5 dollars by January easily.