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Frankly I don't care about your opinion of my messages. Ignore them if my optimism is irritating you.
The board is for discussing the stock, not the messengers.
Whenever posters decide to call me names for being bullish on a stock, and I have been mostly right since I got here, it forces me to question their motive. The board is for investors, so optimism and good info should be welcomed. Those who do not welcome it may have ulterior motives.
I wouldn't doubt for half a second that whomever is short SCMI in a big way has a "skeptical" board member on this board....folowing along...waiting for the right time to spook shareholders. IMHO.
Why else bash a "pumper"? Have I stated anything untrue?
Good post gap. We've seen many consecutive up days. One flat day to help consolidate the wonderful gains we've seen is no biggie.
Patience. The more patience we have as shareholders, the nicer the short squeeze will be IMO.
I wonder what a realistic revenue goal is for 2005 and 2006 with MediaMax DVD?
Obviosly the potential is huge...maybe larger than the CD opportunity and the kiosk business?
If MediaMax is used on 160 million cd's this year, or 400 million, or a billion, monthly expenses for the company should remain reasonably constant. So, top line growth should trickle straight down to the bottom line. This potential for exponential revenue growth and earnings growth is what attracted me to the stock.
I used to view SIRI the same way, because with commercial free music, the business plan could have worked in a similar way. However, with all the expensive content deals for non music channels....as top line revenue growth ramps up, so are costs and the share count to boot.
With a reasonable estimate of well over 300 million cd's this year for MediaMax, not counting DVD or Kiosk revenue potential for this year.....MediaMax Corporation should be on the way to those fat margins later this year. Good luck.
I got QTIG to show up....that was odd...maybe is just got covered up somehow? News today?? We need it....investors want to know more on the merge.
Odd, my Ameritrade streamer is not acceptiong QTIG as a symbol this morning??
I love the steady accumulation we've been seeing....the next step is to see super high volume....30 million shares in one day would do it....that would put the trading back in control of the shareholders...with way less influence by the market maker girls. :~)
Isn't SCMI/QTIG supposed to be testing MediaMax for DVDs now?
I thought I had heard that sales for MediaMax on DVD's would start in the next few months....HMMMMMM.
First there should be a pr....with some mention of a merger....announcing some details on a conference call before the shareholder's meeting. News and a conference call should set the stage for everything going well at the shareholder's meeting....meaning approval of merger terms/details on April 29th. This is my best guess.
Then, it will take some time to make it all happen...I hope by July we are one company, full reporting with the wind at our backs....trading over .30 per share too.....
Great trading again today...higher highs, higher lows...nice volume. It feels good to be comfortably above my average buy price.....now let her breakout on 40 million shares!!!!! :~)
That's not how I remember it.
http://stockcharts.com/def/servlet/SC.web?c=SCMI,uu[w,a]daclyyay[dd][pb50!d20,2!f][vc60][iUb14!La12,...
There were millions of shares trading high....not many at .19....but look how many days it bounced around between .14 and .17ish.
We need that and the merger. I wonder if we are seeing a little short covering? Volume has really picked up the last 7 days....
We should get a pr in regards to a conference call soon right? There is a conference call scheduled...we should see a special pr for that....maybe, with some information on a proposed merger to simplify the corporate structure and become a fully reporting firm.
QTIG is settling down a bit...maybe they meet at .09 or better soon?
There goes .087. Smiles. I hope to see SCMI file something with the sec which will make the short sellers sphinters tighten up. LOL.
BMG/Sony have over 33% of the market and I hear a world wide rollout with a media campaign promoting the benefits of MediaMax should happen. If so, the competing labels can will likely play follow the leader.
Lady luck coming our way?
If we get thru .086, we should see .09 and .095 get tested soon. I sure hope that expected news hits soon...
The real ideal motivation for shorts to cover comes from SCMI business progress. But, anything else that can done to screw the manipulators hard....I'm all for it.
Thanks....SCMI has a lot of connections out there....I've been thinking a lot about how to manage this investment. I had planned to sell half my shares on the way up...and hold/swing trade the remaining shares long term.
However, after gathering info over the past 4 months or so, I've canecelled all the sell targets for now....looking for closer to .25 now...allowing a sale of less than 25% of my shares in order to pull the original investment back out...this strategy could change in a flash, but I'm getting more bullish on where SCMI should be trading by April 29th.
Good luck all.
That's interesting...doesn't that put pressure on Apple to conform to industry demands for piracy protection compatibility??
I'd love to see iPod compatibility happen without have to pay money, stock or options to Apple.
Collin, Alj...bring on the news. Thanks guys. A short squeeze here could make my year.
I'm still hearing there is likely a very high number of shorts.
Collin, do you have any idea what the news is related to? iPod would be great. Merger related would be great. BMG would be great. More music atm news would be good too. Universal rollout of MediaMax would be great.....DVD news would be great.....so many things to look forward to.
Gotta love it.
There goes 5 million shares so far today.
Looks like some profit taking going on....but its still trading above that fast rising upper bollinger band....
http://stockcharts.com/def/servlet/SC.web?c=scmi,uu[w,a]daclyyay[db][pb50!d20,2!f][vc60][iUb14!La12,...
NICE accumulation going on.....
Good job as I still think a 1 for 1 merger makes the most sense.
Today's trading suggests some folks are taking profit on QTIG and rolling it into relatively more shares of SCMI.
Makes sense.
There goes 8.5 cents. Smile.
There goes 8.4 cents. Smile. Once thru 8.6, we need to bust thru 9.5 cents....sooner the better.
MediaMax will well known globally, a household name. If this prediction comes true....we will make a real fortune here.
Investors love to pick stocks they can relate to.....kind of like Sirius Satelite Radio, which trades a couple years ahead of its fundamentals...
MediaMax could be profitable within 3 months IMO.
Wow. Kick butt chart and volume has not even broken out yet....
http://stockcharts.com/def/servlet/SC.web?c=scmi,uu[w,a]daclyyay[db][pb50!d20,2!f][vc60][iUb14!La12,...
http://stockcharts.com/def/servlet/SC.web?c=scmi,uu[w,a]daclyyay[db][pc13!c50][vc60][iUf!Li14,3]&...
I wonder if insiders at Apple are picking up a few shares. Guys talk, people hear things. :~)
This is a good day....SCMI is now well above my average cost per share. Each tenth of a penny is sigificant now. Go SCMI...time to catch up with QTIG.
The faster the better. Squeeze those shorts....naked or covered doesn't matter to me....losses for short are only as limited as gains for us longs.
I've sat for hours before watching them ignore my higher bids.....the market makers are thieves. LOL. Soon enough we move up to be MediaMax Corp, fully reporting...one symbol...
The market maker piggies feed first.
Steve, I think you are right on top of it...
I'm curious if there are any royalties of any kind going to Apple...or if the exposure for iPod is reward enough for Apple. If a billion cd's come out over the next year or so, all branded iPod compatible.....Apple benefits from this...a win win win for Apple, the lables and SCMI shareholders....
Thanks. Some people get impatient.
hero, if the companay delivers,then the shorts have to cover or lose a nearly unlimited amount of money.....if they are short, the most they can make is 100%...the most they can lose is thousands of percentage points.
Why would they cover? SEC requirements is only one reason....protecting their own financial interests is the most important reason.
That sounds reasonable....if the volume is there...that should be easy. I hope to see good news and a short squeeze push SCMI to a 52 week high very soon.
Just a thought...I wonder if Apple would take stock or options from SCMI/QTIG in lieu of cash royalties....win win deal?? Stock for iPod compatibility?!?! Or would Apple do this simply because BMG/Sony is pushing them to do it?
SCMI and QTIG should rock this week. Is it Monday yet? Have the shorts even started covering yet??
As much as I would like to just hold tight long term...and hell I still might depending on what comes to light, I need to pull out the original investment and diversify.