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I mentioned recently that this should be JD's highest priority (when time allows obviously) in terms of his responsibility to his shareholders. This "soon" stuff has simply got to end and we need to see results. That STOP sign on pinksheets is one butt-fugly turnoff to new investors and is a disservice to current shareholders and loyal longterm investors.
From a simple chart perspective, if the selling keeps up or even accelerates as investors/traders hit stop losses, the areas to watch for resistance are now .0075 and .005. I should add that it's pretty pathetic but predictable that if it erodes down to those points it'll probably do it on low volume as MMs encourage it. Sorry that's just reality and all my opinion.
I may be way off here but I think the recent debacles regarding a few well-known pink sheet and OTCBB stocks may have put a damper on the overall confidence level in non-reporting companies. Even with an upstanding company like Expo, there may be some newly formed skepticism, unwarranted as it is in the case of EXPH.
I think when JD files the financials, even if Q2 isn't great (although profitable) that will go a long way towards gaining more confidence in current stockholders and potential stockholders about fulfilling fiduciary responsibilities and that will help this stock recover to where it should be. This confidence thing is a very sensitive, fragile thing and now more than ever, when JD is able to get his full attention back to the company, filing these financials, as far as the stock is concerned, is the highest priority. All my opinion.
Look at the bid depth at .0096. able is 25k DEEP on the outside. Could be fake of course but it looks like they want cheap shares.
Chart says it's getting ready to bounce.
If we can manage a green day today the chart just may start to turn north. Looks like the MACD as of right now is starting to flatten and could start heading north back up through the zero line (where the real recovery will happen). We need some more buying demand though and that has been hard to get over the last several sessions. If we don't get the demand picking up again NITE will just play the control game as he picks up and sells and moves the sticks to where he wants to. All my humble opinion.
A CASH dividend has been, historically, the only way to get the naked short slime and the other legitimate shorts, forced to disclose/cover what they have sold and have the shares accounted for and brought to light. I can't see this happening but, if it was possible to do, this is what JD should try if he feels that NSS is an issue.
Back up the truck if you have the dry powder 'cause when this is a penny and a half you'll wish you did.
Hey you can really see things now!
Must have been pre-arranged. No retailer is going to get 5M that quick without them running the ask.
Yeah the Stochastics alone are reason enough to invest new money or stay invested. Only unknown is how long it'll take to get reversed.
EXPH chart
This whole idea needs to go away in my opinion. If JD is contemplating issuing a bunch of restricted shares in ETC to somehow "enhance" shareholder value...well, I have a SH load of this kind of stock in my account and it is all worthless. JD-just pour the sales potential for ETC into EXPH and forget about the dividend, assuming it's going to be in restricted shares of ETC which I have to assume it will be. In lieu of that I will be voting a resounding NO on this if it gets to a vote. If we got a PR that this idea has been considered and rejected that would send this back well into the ones. All my humble opinion.
Definitely and that was partially what was driving all of the buying before the announcement. If they can get 100M in revs, 10 cents per share or 100M market cap will be more than reasonable.
You just never know with momentum when it gets going. If some real hope is restored here--not sure what it's going to take--this could easily hit .03 and well-surpass it.
This is the 9th day of consolidation after the huge drop of 15 Sep. This should have a bounce with the thing so oversold. Would be nice to get some info on the 10,000 unit retailer but if I have to type that phrase one more time I think I'm going to puke.
I think people get it but it was completely unnecessary and some will interpret it to mean that there is something coming in the numbers that will not be to shareholder liking.
It was a good update but it's probably better to leave words like "dissatisfied" out of comments on sales. That could have been reworded to get across the same meaning without that word. Especially after the disappointment in the PPS in the last week or two.
Yeah it looks like they saw a big seller and they're taking it down to barbq him. The tell was that .0105 buy of over a million and the big drop in b/a. Fourkids did you see that one?
Looks like NITE is letting the little ones play and they are having some fun. Hope those were buys. Don't know how the day is going to end but you just may see some "I don't want to be w/o shares" buying before the weekend.
Perfect day for a PR- No interest, no attention and no expectation.
Looks like it's going to be another one of those days...EOM
If it was me I wouldn't liquidate your EXPH right at this moment but that's me and I don't know what your cost average is. The stock is in a consolidation mode with most TA indicators showing oversold and any positive PR is going to move it up toward 2 cents again pretty fast IMO.
MMs are appearing to be gearing up for a major PR here. You can almost see them dancing around nervously to get into position for a big move. IMHO only.
JD-AWESOME AWESOME AWESOME PR!! EOM
That poster just made the same statement on the yahoo board. Must want to distance itself from previously made comments for some reason. Don't think its phony.
The crew on the job today are just scalping. Picking up any high ask trades and then crashing the bid on low volume sells.
All this needs is some demand and it'll be back in the mid-1's in a heartbeat. Slow stochastics are oversold and we're in a consolidation at this time. You can tell by the volume that the selling has pretty much exhausted itself. If we get the PR ref the 10,000 fixture order and WHO it is, this'll skyrocket out of this oversold condition. The thing that mainly drives this stock up is the perception of legitimacy, i.e., retailers like Lowes and WMT wanting what they have to sell. As that perception gets solidified further, that will provide a lot of the future upward momentum. All my very humble opinion.
NITE is trying to get this to below a penny to get the massive orders that he probably sees there. Let's see if he can do it.
Agree--at this PPS market cap is 10 million which I think is undervalued especially after the major post-momo haircut.
Clay's 8-19 video chart http://investorshub.advfn.com/boards/playvideo.aspx?v_id=565
worth watching again. He said, at that time, that the stages for recovery were
Stabilization--the flatlining of PPS for last month (didn't go to .01 as I had predicted)
Bounce (close above .017)--we're there now.
Reversal(close above .02)
Breakout (close above .0225)
And of course there will be blue sky above the previous all-time high of .035 from JUN 07. Blue sky is when it gets really interesting because then there are NO RULES for PPS behavior and the price can get speculatively driven to no one knows where.
I'm not saying anything other than an opinion but oh what a tangled web could have been woven in the black hole of the FTD world.
A pre-arranged buy for short covering?? I dunno.
I still say this is naked short covering over past several weeks. It'll probably continue.
1,659,550 at 147
JD heard our whine and responded w/some meat! EOM
Oh looky the bid is deepening or at least they're trying to make it look that way. Cmon, everyone hang on and DON'T sell.
.0151 nite x .0152 vert
.0149 x .0152
.0149 x .0154
I think it may be the realization that even with a huge projection of sales, this one simply isn't in the same league with the likes of that other spongey company, yet. Thus, from what I can see, the interest here has pretty much dried up, even with the big day coming Tuesday, which could be a mega-volume day for sure but the street is just gonna wait to hear the news. Once some real revs start coming in and/or the 10,000 order contract is with someone like WMT and it's all verified, that's when Expo will really have its day. Oh and I could be wrong about all of it as I ain't no Nostradamus.
The ASK is going to fall away very quickly if there's any buying volume. PERFECT day for a PR JD, PERFECT.
Yeah cause this bomb will be in the low 40's.