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If you figure a nickel per cd for this year related to this pr, the revenue is not huge....if you look at the global opportunity over the next 5 years, then there could be ten million per year or more in revenue in kiosk revenues....not counting traditional CD's and even DVD's if SCMI succeeds with them.
Thanks Gap...another great post.
I have no idea...but, I still expect the share price of .19 to print before April 29th for any number of reasons...
iPod, short covering, kiosks, just because it runs before the annual meeting, pump and dump run, BMG/Sony, Universal, ??????
Who knows....that's why they call this speculating!!
Good luck!!
Hold those shares tight IMO. iPod news next??????????
:~)
That's a new one for me....that would motivate some short covering IMO.
No, I never get the low price of the day...if I do, the price is then guaranteed to edge lower after I get filled.
I doubt my order gets filled...I've got some cash on hand waiting for another stock to settle back down....for now I'm on the bid....but its very unlikely to fill. I've been trading ERHE and doing well with it....if it drops back down, I want to buy back in....but will put that money to work elsewhere if the opportunity comes along.
I'll let you know if it does. The market makers probably follow this board...so its foolish to get to specific...
All you can do it take advantage of it...I have a low bid in...bet it doesn't fill.
QTIG and SCMI both at .07.
Interesting how often that happens. I still think they are worth the same if they merge, and a merge is what is logical.
No better time than to merge than just as revenues are ramping up fast.
It depends on so many factors. For those with the time and desire, they can take advantage of market inefficiencies, emotions, etc...using simple trend analysis to trade for free shares or cash.
The wealthiest of the world used mostly buy and hold, but they had to come up with significant cash first....
???
I was not here. But, for traders, the last two years has offered numerous opportunities to double your money or double your share count.
TA is a great tool for beating the market, or beating buy and hold strategies.
How good is the Phantom? I agree with the ta. SCMI looks ripe for a breakout.
Good luck getting cheap shares. The best I've managed to get was .061. So long as QTIG is trading above .07, I doubt that even the market makers working together can take SCMI down to .061, unless they are merely trading amongst themselves.
.071 on 40k shares before 9:30. Looking good for today.
Interesting view. Of well over 100 channels on Sirius, the sleaze gets the attention. What's up with that?
I have little desire to listen to any of the talk shows on SIRI. Commercial free music is worth the fee though. If SIRI heads back to $3 or so, maybe by then SCMI will be up 500% and SIRI would be worth owning again.
Howard Stern has other problems to deal with. SIRI and the SEC!! It will be interesting to see how SIRI trades this week.
Rumor was that Stern may have purchased shares of SCMI...just a rumor for now. I have no idea about whether there could be more to it than that, or if its even true??
They have us watching and waiting and holding shares. Volume and trading action indictates even modest volume can move the share price up pretty quickly.
Lets hope some serious short covering can happen too.
Some of the same people I was in SIRI with at under a dollar...are in SCMI right now. Maybe lightening will strike twice.
The technology works or we wouldn't have seen the recent pr's with 5000% revenue growth for '04 and another 1000%+++++ minumum revenue growth projection for 2005. I'm surprised how low the volume is on this stock. I guess its just a matter of seeing SCMI constantly improve the technology and seeing the rapid global adoption of its use by all labels.
If SCMI constantly updates the software.....or comes up with ways to customize it for each label, thieves will get tired of trying to work around it and just buy the original discs, rather than working to hard to steal the tunes.
Then, there are kiosks and DVD's.
I tend to overload into one or a few stocks I like. For a long time, SIRI was it. If it goes back down to about $3 or $4, I hope to be in a position to reload on SIRI. Long term I think its a winner. Unfortunately EAG was one I overloaded on but failed to sell the rallies. Winners and losers...all part of the learning curve.
Anyhow....SIRI was a great learning experience. Back when it was under a buck, the question was whether the industry had a future..now its just a matter of how big the future is. The extreme dilution and long ride to profitability make SIRI a great swing trading stock for now, or a good 5 year buy and hold if you buy low.
What I like about SCMI, is similar to what I saw with SIRI....great profit margin potential and exponential or very rapid revenue growth.
I was there too on SIRI.....I got in around .60 after Lehman had dumped most of their shares. How could they have been so dumb?? LOL. SIRI was a great play....luckily I loaded up big below a dollar and sold most well over $2. In Q4 '04 I sold my last SIRI....8600 bought at .68 each for $5.64 per share....and have moved much of that to SCMI...gotta love the long term capital gains rate. Time to do it again with SCMI I hope!!!
Good luck.
Those proposed sales are indications they think the stock will go much higher right?
And, they can now increase the authorized share total, without a time consuming and expensive shareholder vote, to set up a merge of the two companies if they want to. What better time to do this than just as revenues are ramping up really fast.
I'm not too worried about the accounting of the QTIG shares owned by SCMI....they have to be accounted for one way or another. Either way they do it, if we own SCMI, we already own QTIG. Exponential revenue growth will become exponential earnings growth with 80% profit margins.
Revenue growth is our real concern.....everything else will follow...
A higher market cap for SCMI and QTIG is the goal.....pj wants to see a 1 billion dollar market cap. Maybe then he retires??
Somehow the shares that SCMI owns have to be accounted for if there is a merge....either a simultaneous completion of the dividends payout, or a reduced share total after the merge makes sense.
Next month folks. Next month will be big for us shareholders.
:~)
Nice close for SCMI..... high of the day is what Ameritrade shows....very bullish.
LOL. Redbull. LMAO.
Every dog gets his day. :~)
Patience.
Funny...QTIG hit a high of 8.5 cents. SCMI owns most of the shares, yet SCMI has yet to participate in the rally significantly. Nobody ever said the market was smart. It's always "right", but not smart. LOL. Why argue with the market!!
You Rock. :~)
No surprises there...thanks.
Since SCMI owns so much QTIG, the simultaneous completion of the dividend plan is the only way it all makes sence for me.
Shorts deserve to get their greed stuffed up thier backsides. IMO.
Fair question...I think that QTIG has contolling interest over QTIG...so they can do what they need to do on that end...but, SCMI shareholders would need to approve a merger....obviously I'm no M&A expert....
I suspect its about perceived value and trying to make a 1 for 1 merger as fair as possible for all parties.
A 1 for 1 merger with a simultaneous dividend payout of all QTIG held by SCMI right now....would make logical sense to me.
Both stocks are at .065 again. Coincidence? Its easy to control the share price on low volume days.
I hope this is the calm before the storm. A super low volume base is generally a good sign of a bottom. The market maker girls have already swept up the stop limit, it seems.
protection111, you seem very confident in QTIG and SCMI. What do you see happening over the next four weeks? If you do not wish to be specific...how about a high price prediction for each stock over the next four weeks?
TIA.
Randy
I've learned that the hard way....but, I've also learned to split the difference. Meaning, sell half or so if and when it doubles....let the rest ride, but watch it closely....maybe swing trade some.....
Giddy is good. I'm just bored. :~)
It looks like all the stop limits to .06 are cleared out....yawn.
Still zero volume on both SCMI and QTIG. Very strange.
ZERO volume for SCMI and QTIG....first I've ever seen that after 10am.
Odd, but good to see EVERYONE is HOLDING!!