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Its good to hear of someone with trading sense who is accumulating now....
Wonder full to be in warm and cheerful
Scummeville. LOL
I'm new to this board....so I may be saying exactly what you've said before!?!?
I really think that SCMI can hit .19 just on speculation of becoming a fully reporting company and on speculation of exponential revenue growth leading to a fast ramp up of earnings growth within a reasonable time frame. Last year SCMI hit .19 with inferior technology while on the pink sheets....etc....even higher the year before...and we see how the stock rallies each year into the shareholders meeting. Then there is iPod/Apple, Kiosks and more importantly perhaps....DVD's.
This is why I'm way overloaded into this stock with plans to sell half if/when it moves toward .19, taking out last year's high. Several friends a family members are rolling the dice on this one too....I'm encouraging them to try and earn free shares for the long haul too....
Many investors will not trade stocks without seeing SEC filings. Simple as that. OTCBB is risky enough for most growth investors.
IMO, a step up to otcbb as a fully reporting company will be a large step towards PJ's vision of a billion dollar market cap one day.
Over on the Yahoo MVSN board....some there insist SCMI is a "scam" because they can not see the numbers and verify the news releases......the pk "blinders" are built into the share price now...when they come off....the market cap goes up substantially I think.
I think so.....
Rumor is BMG spent significant productive time at SCMI this week. I'm hoping to see much closer to a billion cd's this year protected by Sunncomm.
I guess I paid too much. Damn. :~)
I was able to buy a fairly large block quickly at .065 a short time ago.....
Normally its hard to buy near the low of the day so fast....it appears there is some distribution going on....but a good time to add cheap shares.
Exponential growth in REVENUES solves a lot of problems.
Guys...IMO, the best move is to become a fully reporting company on the otcbb first. They can upgrade later.
Think baby steps.
Excellent. Thanks.
A lot to talk about....like BMG!!!!!!!!!!!
The shareholders annual meeting is April 29th I heard...(unoffical).
Someone here mentioned that the share price shoots way up about the time of the annual meeting each year...assuming the meeting is about the same time each year.....the long term chart supports this theory.....
http://stockcharts.com/def/servlet/SC.web?c=SCMI,uu[w,a]daclyyay[df][pc13!c50][vc60][iUf!Li14,3]&...
You'll need to direct that to SCMI...PJ or Kimberly I suppose.
There could be a "poison pill" in place....or some special rules to be followed in the event of a buy out attempt.
I already have sell limits in place so that if and when SCMI takes out the 52 week high, I'll be playing with hundreds of thousands of free shares...hope it happens in two weeks if that was what you were implying....
A guy I know who is a full time trader and good at it...likes to say "sell the euphoria....easier said than done.
To me, 4,000,000 shares is pretty low volume given the estimated 440 million total shares outstanding....so today's volume is really bad....meaning low liquidity is not good for attracting traders or investors.
Low volume on good news......while not great, I find some comfort in knowig almost all shareholders are holding, while some are adding, presumably at the ask for the most part today.
Shareholders are holding vs poor liquidity...kind of a wash IMO.
It was pretty vague.
It does not sound like its got anything to do with Apple iPod....but, again its a rumor...I hope to hear more this evening.
The pink sheets are a disadvantage, but its already priced into the stock....
I think you are being a bit dramatic. :~)
Pink sheets stocks can up 10,000% too.....
Thanks...I understand.
Now that so much time has passed and "bugs" have been worked out....it sure seems the latest news is more credible.
I got a phone call today indicating very important news is due tomorrow for SCMI....just a rumor for now from a source that's been right lately.....anyhow folks are holding SCMI today for whatever reason.
SCMI continues to build credibility....the market yawns...up slightly on a whopping 30,000 shares.
zzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzz
More good news from SCMI this mornings....building credibility....
This is higher priority than hanging out a trade shows IMHO.
http://www.amtdrt.inlumen.com/bin/story?StoryId=CqGgV0bKbmdm0yJu3otC
When do they usually do the shareholder meeting?
You've been right about most everything so far sir.
Timing gets delayed, but PJ seems to be a straight shooter to me. Obviously the old timers are more jaded than me...but based on what I've heard...quite a bit, the last couple months...everything is happening.
I see this stock easily hitting .30 some time this year. That's my wag.
What about that Investor Conference Call??
A base forming above the 50 day moving average beats a sharp stick in the eye.
Baby steps.
http://stockcharts.com/def/servlet/SC.web?c=scmi,uu[w,a]daclyyay[da][pb50!d20,2!f][vc60][iUb14!La12,...
That's what it says and yes that is what I heard the latest updates would take care of.
The new product offering should be popular with UMG. IMHO.
I hear the relationship between SCMI and Universal is good. And, that GE is a "friend" to SCMI fwiw.
You are correct....I should back out revenue going to QTIG and state clearly that SCMI did not make the actual dollar forecast (just the cd unit forecast), anyhow... then we'd need to put some %?? back in because we do know that since we own shares of SCMI and SCMI owns shares of QTIG and we are to get more divididends, obviously we own much of QTIG too....we just don't know how much in % terms....so, you are correct, my numbers are optimistic...but, the 145 million cd estimate was very conservative....untyped, but in the back of my little mind, I was letting the QTIG questions and the conservative forecast on CD units protected....kind of wash each other out....
Since we are a pk stock...none of this is a science by any means.....
I hear from a reliable source that SCMI gets an average of about 4 cents per cd...perhaps the upgraded Media Max will allow SCMI to bill a little bit more per cd??
At the very least...the pr suggests today, much more rapid adoption of SCMI technology....
Things are changing....buy them when they are bad, sell them when they are good. If this were a great company already, the market cap wouldn't be 30 million dollars or so after the company forecasts a minimum of $5.8 million in revenue this year. From a very skeptical point of view....last year, investors were wondering if this was a scam....now its still skakey but skeptics are wondering how fast it can grow...not whether its some kind of pk scam.
This reminds me of when I loaded up on SIRI at under .75 per share and obsessed over the day to day trading;....going to Circuit City and Best Buy, talking to the sales guys...etc. I knew it was a winner and just needed to give it time.
Buy low, sell high, Buy fear, sell greed. Buy when it hurts, sell when it feels good etc etc. Patience is the play...maybe buy some extra shares for trading purposes to take advantage of the volatility?!?!
The short sellers are trying hard to hold SCMI down.....at least that's what I hear out of SCMI.
They will fail IMO.
Yes....I held most of my EAG on the way down....unfortunately....
Yes, I think EAG will rally big again on the SATMAX news I've been waiting on for FAR too long. I think the story will have a happy ending, but the bs from the EAG ceo on conference calls makes me want to vomit.
If EAG gets back up around $2....I think its highly likely I'll only own a small fraction of what I have now....will just let some free shares ride there and follow the rest of the drama with much less at risk.
Its interesting that our little pinky here is projecting more than twice the revenue EAG has produced the last two quarters!!! There is some serious upside here with SCMI.
The scenario you lay out is exactly the set up SCMI might design to burn the shorts, market makers and flippers.
PJ would love to be rid of the fleas and riff raff associated with manipulating SCMI's share price...of course to do that job, he has to get us off the pinks NOW.
A move to the otcbb first is exactly what I would do...then, in 12 months move to Nasdaq small cap or AMEX....that would be a win-win.....logical baby step way to grow from a 30 million dollar company to the billion dollar market cap that PJ envisions.
Another well written post gap!!
Management at SCMI needs to stop crying wolf....yesterday's pr was evidence of this IMO. I now hold a lot of shares with more confidence.
Since you are watching ITEK so closely....email me first if they make a major break thru!! :~)
Nonetheless....SCMI is a real company with real revenues and it trades on the exact same emotions as any other speculative stock.
Exactly...the technology and patents is where the real value is.....the distribution agreement has value too....just not as much IMO.
YES...... a similar business model to EBAY or SIRI!!!!!
SCMI is a real company with real revenues. The same principles drive the trading on SIRI and SCMI. Fear and greed. Its all based on future earnings expectations/growth.
Actually, SCMI should be profitable long before SIRI.
So far your crystal ball has pretty good.
My crystal ball saw SCMI breaking 8.6 cents today...so much for my crystal ball.
Its funny that QTIG closed way up.....Doesn't SCMI own most of the QTIG shares? If QTIG goes up substantially....SCMI should be up or flat at worst just on QTIG being up alone.
MANIPULATION......
Fair questions!!!!
115,000 at 7.9 in AH.....I don't get it...us retail traders can not buy or sell after 4pm...what are those crazy post 4pm trades all about??
We should see aggressive buying into the close again....
Today's news should earn SCMI some buy and hold investors.
This is complete bs......patience is the play.
We go up on near 3 million shares and they drop it on 300k shares.
Very reasonable. Of course we know the market is not reasonable. Perhaps we have chance to sell at .49 some time this year and buy back at .24 after the pullback.
:~)
I'm happy as can be if SCMI hits .19 reasonably soon....I'll be playing SCMI with hundreds of thousands of free shares by then, IF I stick to the plan. Sticking with the plan is the hard part.