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.
Overbought and overvalued at some later date works for me. Smile.
I think Collin is right on with the SCMI and EAG info posted...the wild card for EAG is SATMAX...if a big contract comes thru, EAG should go up very fast....however we've been waiting way too long for that.
SCMI has a lot more upside from my view point. EAG has high overhead and much lower margins. 80% profit margins on fast and reasonably predictable revenue gains is what SCMI offers. Then throw in music atm's or kiosks as they call them...PLUS DVD's, which have huge potential.
Guys, everyone has their own strategies and ojbectives...I've learned the hard way to avoid all or nothing thinking.
Think in terms of selling half at a double...this would have made me even more on SIRI, and would have locked in a gain on EAG and prevented paper losses.
As soon as you sell all your shares thinking you hit the top, the stock will run far higher...as soon as you hold near the "top" thinking it will go higher still, the bottom falls out. At least this has often enough been the case for me...even though I've done very well....could have done SO much better. For me, the only solution is to take the emotion and second guessing out of it. Set targets and stick with them unless some major news comes out to dramatically change those targets with high probability. Its near impossible to out think, out guess and out smart the market. But, with TA and some digging around, you can slant the odds way in favor of outperforming the market in a large way.
I agree...
I picked up about 60k shares Fri am at .073...those I would trade regularly....maybe more depending on conditions. All depends on your needs.
I plan to sell half of a large number of shares on the way to .19+++, then play this one long term with free shares....hope it works out.
Nice, thanks Collin. I added some trading shares yesterday morning too. Looking very good already.
I need to try harder to keep some cash on hand at all times to capitalize on the price swings...
SCMI needs more trading volume....we can help with holding a core position and trying to beat the market makers at their own game with some trading shares.
Short squeeze this week? I hope so. SCMI could really catch on fire fast with some short covering.
Smile, if it weren't for those larcenous pigs, we wouldn't be sitting here ready to make a LOT of return on our investment.
SCMI at the HOD of .079. On 5.1 million shares....NICE indeed.
LOL, QTIG just traded at .11. SCMI will have to follow....but that's ok, .11 is a nice run from here.
SCMI and QTIG look strong as bear's breath today.
HOLD tight and squeeze shorty IMO. :~)
Nice close up view of SCMI's bullish chart....
http://stockcharts.com/def/servlet/SC.web?c=SCMI,uu[w,a]daclyyay[da][pb50!d20,2!f][vc60][iUb14!La12,...
.095 ask on QTIG. :~) SCMI will catch up!!! Collin makes sense...buy which ever one is cheaper!!
Shorts will want to cover soon....whether covered or naked shorts.
I think folks are relaxing....thinking about how much money they are getting ready to make on this stock.
Wasn't it Universal Music Group that wanted MSFT certification and Apple iPod compatibility? It sure would be a home run to get those huh? Obviously the Windows certification is a done deal. iPod should be too...just not announced yet...but Universal should know what's up.
Someone here today mentioned the chance of QTIG dividends being paid in the form of restricted shares....I'd take those too. :~)
The poop may hit the fan soon for any short positions on our stocks. Be they naked or covered.
You gotta love this latest SCMI chart.....
Higher highs, lower lows, nice candle stick today, b bands edging up slightly.....wound tight for a break out IMO. Good "luck".
http://stockcharts.com/def/servlet/SC.web?c=SCMI,uu[w,a]daclyyay[db][pb50!d20,2!f][vc60][iUb14!La12,...
I agree with both of your messages. Let's just watch this cake bake patiently.
Why are you being antogonistic? You know that's not out.
The name change for QTIG is the first official "hint" of a merge....the rest is applied common sense and word of mouth from credible sources.
If you don't want opinions, don't read a message board, simply look at the news releases and SEC docs.
Regards
Alj, that would be GREAT. With restricted shares, I would guess SCMI would hold them long enough to cast the votes they need to set things up for a merge.
2+1 is 3
1+2 is 3
QTIG + SCMI is SCMI + QTIG
Assets and revenues add up.
I'm ready for whatever is next. Bring it on PJ.
If Stern is merely an investor in SCMI, I wonder if it would be a large enough stake to warrant a news release?
Or, if Stern would talk up MediaMax on his show...since he knows so many musicians.....he could work it in and make an issue of protecting artists from piracy.
It would be simple IMO.
QTIG authorizes more shares to be allowed.....say 650 million or whatever number...this would likely not even require a vote....mgt controls enough shares and has enough friends IMO.
Then, SCMI holders vote to merge with QTIG at whatever terms are proposed...1 for 1 works for me. Assuming the vote passes, each of the estimated 440 million shares of SCMI become one share of QTIG (MMAX), with about 620 million total shares outstanding.
And, the 50 to 75 million shares of QTIG (MMAX) owned by SCMI have to be accounted for somehow IMO......either by having 50 to 75 million LESS shares outstanding, or by paying the dividend at the merge date. Paying the dividend makes sense so that QTIG holders do not have an unfair advantage...after SCMI holders were informed long ago they would get these dividends....and as SCMI shareholders we indirectly already "own" the shares anyhow.
This is just my best guess.....and it seems fair to me for holders of both companies.
I'm open to any other ideas.....but the above scenario seems like a win win deal to me.
Thanks Collin,
Patience should be rewarded handsomely.
I wish I knew more about Stern's potential involvement. Would BMG use him for an ad campaigne??
Looking at the market caps of QTIG and SCMI, when they merge the two market caps become one. I see absolutely no reason why QTIG should be valued higher relative to SCMI...and the QTIG share currently owed to SCMI holders will have to be accounted for somehow...a dividend paid out after SCMI officers vote the shares seems logical, but I'm not a merger expert.
QTIG has a much lower market cap than SCMI...the market places far less value on QTIG than SCMI...that is a simple fact.
It looks like no matter how hard they pump QTIG, they can't get more than about $400 worth to trade today.
Look at the market caps IMO. 1 for 1 is my "guess".
Easy to do I think and the dividends can be paid at the time of the merge after SCMI uses the voting power....everyone should be more than happy as revenue drives this to above last years high of .19. IMO.
I agree. QTIG has traded a couple hundred dollars worth of shares so the mm can make the price do whatever they want for peanuts.
I'm not beating up on QTIG...I own it via SCMI. If someone were to dump 100k QTIG on a market order, the mm would rape them...double edged sword.
SCMI has the patents, tech talent, higher market cap, liquidity and SCMI owns 50 to 75 million shares of QTIG.
I have plenty of QTIG by holding a lot of SCMI and I have better liquidity....just my opinion...of course I wish I had loaded up on QTIG at .034 and sold them at .08. But, this ain't no history lesson...we look forward. I see .19 coming for both stocks before April 29th...hopefull this month.
Good luck. I like SCMI better.
It won't matter after a merge anyhow.....good luck for those with more QTIG than SCMI shares....
IMO, its too late to bother flipping to QTIG from SCMI.
With a very large stake in SCMI, I have all the QTIG I need.
SCMI chart getting stronger yet....
http://stockcharts.com/def/servlet/SC.web?c=scmi,uu[w,a]daclyyay[db][pb50!d20,2!f][vc60][iUb14!La12,...
We've beat the QTIG SCMI thing to death, but since SCMI owns 50 to 75 million of the 175 million or so shares, it matters little to me that I don't outright own much QTIG. QTIG has nothing to sell without SCMI...SCMI has much more liquidity and SCMI has the tech talent and patents etc. We all should do fine.
LOL, just checking to see if what I heard matches up with what anyone else is hearing. :~)
Big yawwwwwn. Does anyone know when we hear more from SCMI or QTIG?
I only have a few QTIG shares for the dividend. But, as SCMI shareholders we own QTIG....SCMI hold 50 to 75 million shares of QTIG....of about 175 million total I believe.
It's interesting to me how bullish the QTIG chart is.....without SCMI, QTIG has nothing to sell. SCMI has the tech talent and patents. It sure seems like the tail is wagging the dog, but I don't care too much how we get uptown...just so we get there.
The QTIG shares held by SCMI have to be accounted for in a merge. Either as a dividend or in a reduced share count. The dividend simultaneous with a merge makes the most sense to me, otherwise QTIG holders have an unfair advantage...benefitting from dilution to SCMI holders.
Any deal has to be a win-win.
Last post of the day...I've never seen this before with SCMI
http://thomson.finance.lycos.com/lycos/iwatch/cgi-bin/iw_ticker?ticker=scmi
Look at all those soft sell signals....kind of looks like they are trying to scare retail!!!!!!!!
Normally there is no institutional activity for SCMI on this site....but today's is fishy. My take is that some large player is trying very hard to keep a lid on the share price....
It won't work for much longer if this is the case, IMO.
Personally I expect to see .19 print, minimum, by April 29th. A price of over .30 could happen too...depending on news and whether the alleged level of short abuse is real or imagined.
My feeling is that many are very confident SCMI will test .50 or higher this year...maybe within 5 months.
SHORT SQUEEZE. Has anyone here ever gone short a stock and watched it climb like rocket?
Last year I sold some .68 shares of SIRI at $5.63. Then took part of the gain and went short SIRI at $5.95, since the RSI was over 90 and there was no way it could remain so high. LOL, well, I was bummed to see the stock hit $9.43 while feeling the agony of the SQUEEZE, and it cost me some cash too after covering at $6.40 to $7.50 and finding out the hard way that the rules are different when you short stocks under $15 per share.
I still think the main reason SIRI hit $9.43 was due to an incredible short squeeze that lasted for weeks....the opposite may happen this year taking SIRI back to $2.90 to $4.04 or so.
SCMI has a secret plan IMO that includes eliminating excessive short abuse. I have faith in SCMI and if the short interest is even 25% of the number I heard, we will be happy if they cover, for whatever reason.
:~) Their arses are hanging out and they are not covering with my shares. HOLD TIGHT and squeeze the bums.
7.9 close for QTIG and 5.5 million shares for SCMI....
I like it.
Chaching...there goes some volume at 7.1 Cents hod. They moved it right back down to .07.
I hope the shorts have to chase it begging. :~)