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Okay, I'm in at .3165. I'm not selling today no matter what, will hold overnight. I will ride this out 2 or 3 days hopefully dump above .38.
My 50-50 gamble: .31 support will hold for at least 2 days.
Stock is trash, but I'll try to make a few bucks here.
PNTV delivered SELL signal by American Bulls:
I'm going to try something different. Instead of putting in a portion of my money and riding it throughout the day, I'm going to try and predict a gap up. Day before gap, at the end of the day, I'll throw all my money into OWCP, then I'll sell at the open no matter what.
You think this crap has a chance of ever gapping up again?
No actually it is not evidence. Tempus never said in any filings which revenue came from which contract. When a company lists numbers and refuses to say where the revenue came from, it is not possible to just assume out of the blue that those numbers are associated with the contracts, especially when Tempus has called out contracts in the past and listed the revenue from each one. Those are the Department of Justice contracts prior to 2015.
In contrast, these 2016 contracts are much bigger allegedly, yet Tempus does not actually say in the SEC filings which contract is associated with which revenue. Why would Tempus not specify? Yet they expect us to just assume so? The problem is that if the assumption that the revenue is associated with the contracts is wrong, then Tempus would avoid punishment since they did not tell the lie in the SEC filings.
I just find it strange that the very small $100,000 and $400,000 contracts from 2013 and 2015 along with revenues were listed in the filings and usaspending.gov, but these megamassive multimillion dollar contracts are nowhere listed in any filings or on any gov website.
This combined with prnewswire's deceptive record is what bothers me.
My point exactly. The notion that Tempus has $100 million in contracts is highly misleading since $100 mil is the max, not the expected and most of that money is for work that Tempus will not be able to do.
Despite Tempus planning on not doing all the work, they wanted it in the contract so that they could brag about how "big" the contract is. What investors need to understand is that running a business is so difficult that a company doesn't have to actually be a scam to be a scam. My guess is that Tempus Jets is putting in just enough effort to be able to say that they are doing something, but not too much such that the expenditures increase.
Tempus' entire business model is based on looking good to investors so that share selling is possible.
P.S., I looked through the past financials and whenever Tempus received money from contracts, they actually said so and they pointed to the exact contract. Such contracts are also listed on the usaspending.gov website:
RECIPIENT PROFILE: TEMPUS JETS, INC.
1001 PROVIDENCE BLVD
Newport News, Virginia 23602
DUNS Number 883708146
2015
1. Air Charter for Things $109,873
2. Passenger Air Charter Service $90,900
2013
Product or Service Funds Awarded
1. Passenger Air Charter Service $441,930
It is incredible that these massive 2016 contracts are not listed on the site.
Not true. The government will award contracts if there is very little to lose. In this case, there is little to lose and a lot to gain. Tempus is expected to do the fixing planes, etc, so the $10 mil is worth it.
On the other hand, Tempus will only do all this labor for a measly $10 mil if they are also awarded the $490 mil flying saucer clause. This clause gives Tempus pumping power while the government gets work done for cheap.
Finally, if Tempus actually does build the lightning fast flying saucer, then $500 mil is real cheap.
To summarize, Tempus does the reasonable work at a discount in exchange for an incentive-based bonus that will be used to pump the contract to its investors. The government gets work done cheap and loses nothing by putting in the bonus.
The spreadsheet looks like this: Tempus does work for the government. They don't do a very good job, so the government does not give them all the money, but the investors give Tempus a small fraction of what's unpaid from the contract.
To say that TMPS is worth more than .50/share on the basis that they have $100 million in contracts is just not accurate. Let me map out a hypothetical situation:
Let's say that the US gov gives them a contract with a max value of $500 million. Of that, $5 million is guaranteed, $5 million is for doing some easy work, and $490 million is for building a flying saucer that can travel at the speed of light. The details cannot be put into the SEC financials because the flying saucer is classified. Therefore, Tempus advertises like this: "We have landed a contract with a max value of 500 million, but we cannot tell you any of the details."
The Gov wins because they know that the $5-$10 million is nothing and that the rest will probably not happen. Even if it did, $500 mil would be cheap for a flying saucer. Tempus wins since they get to use the $500 mil number to pump the stock and the "classified" excuse to not tell us anything.
Now what? How much is this stock worth?
I'm sure Eliasch knows something about the contracts which we don't, such as how fake they probably are in structure. I mean, $45 million... that can't all be guaranteed money. There has to be an impossible incentive bonus somewhere.
Here's what I do know: The entire Tempus management knows full well that Tempus will not receive all of the money in the contracts. Those contracts are there for pumping purposes.
Same here. Only problem is that the dip is not big enough. Slow bleed is not going to cut it. This needs to go down even more. I'm really looking to buy under .055. Above that, no way to really make money on this thing right now. I really wish I had bought those .053s the other day. I was staring at it but didn't pull the trigger.
Well the financials are definitely incomplete. TMPS does not tell us everything, such as the contracts.
What I am especially looking for in the next financial is for Tempus to explicitly say that they have a contract with a max value of $45 million. I also want to know how much of that is guaranteed. For all we know, $35 million of the $45 million could be an impossible job that Tempus knows they won't do and the gov knows that they won't have to pay for.
It depends on the reason. The reason TMPS went from multidollars to .03 is because the company was trash and people wanted out.
The reason it went from the .30s to the .40s is due to small trades likely because Tempus wants to give the illusion that this stock is on the way up. Now it is on the way back down because those who bought between .36 and .51 have nobody to sell to. Nobody wants to buy this above .50. Nobody.
TMPS is going in the direction I want it to go in. I'm hoping this goes down to about .14 so I can go all in.
Bid (Size) 0.41 (x 5000)
Ask (Size) 0.435 (x 2500)
Volume 53.64K
Looking great. Just need the sell volume to go up by a factor of about 100. Then it will be perfect.
Well BVTK really made my day. Basically, since the probability of a gap down was 0%, there was no reason not to throw all my money in at the end of yesterday. Either it gaps up or there is no gap and I can sell for no gain. Sounds brazen, but if you think about it, if there is any time that you can go all in, this is the one. You just have to remember to sell quick.
Yeah if I got to tell this story again, it would be great. I just don't see a gap up 2 days in a row. I'll wait for this thing to come back down to under .0040 before I buy back in.
Same here. Waiting for the volume to pick up. Low volume increase from .36 to .51 is the reason TMPS is pulling back. Bid at .44.
.48 is a very dangerous buy right now. Almost guaranteed no money.
Not really. Let me clarify. All I said was that my game plan was executed perfectly. 2 things regarding my game plan.
1. My gamble, at the end of the day, was that there would be a gap up. In the OTC, when there is a steady rise throughout the day, it usually gaps up the next day. That's the reason why I decided yesterday that there's no reason not to buy. I didn't buy earlier in the day because I didn't know which way BVTK would go. But at the end of the day, I figured it was bullish. Although I would have earned big if I had bought earlier, can't blame me for buying at the end of the day given the trend.
2. I threw my entire account in because I gambled on either a gap up or no gap. Not always correct, but it rarely gaps down in these situations, which means that I have almost nothing to lose. Only way I get burned is if it gaps down. If you throw your entire account in, you better sell on the open quick, which I did. If there were no gap, you bet I would sell at least 2/3 of it on the open to be safe.
My decision to throw everything in is based on my personal assessment that there was a greater than 50% chance of a gap up and almost no chance of a gap down and based on my confidence in my ability to sell quick.
SUMMARY
1. Yestersday I went all in at .0054 knowing I have very little to lose.
2. Today I sold 2/3 at .0058 and 1/3 at .0061
Disclaimer: think very hard before you go all in. This is one of the rare situations you go all in.
bang! Played the gap perfectly. I bought yesterday at the end only because I knew there would be a gap up given that there was a steady rise. I threw my entire account into the fire at .0054. Sold everything today around .0059 AVG
This actually has me worried. When I predicted 3 months ago that OWCP would be a double bagel by the end of the year, I was exaggerating and joking, but now it does look like a possibility.
I'm not sure if it will happen in the next 5 months, but the mmj stocks that exploded in 2014 all went subpenny. I still think this is a great stock to flip, but buying here and staying long, hoping for massive gains... I just don't see it happening.
The exposure of OWCP as a pump and dump has already brought the longs to their knees, especially the ones who bought after February, and I just don't see a way out of this mess.
REMINDER: TMPS 10-Q/A received 8/8/2017 is for Q1, the period ending Mar 31, 2017. This is the report for Q1 of 2017, NOT Q2. That's why the share structure and financials given are for the first quarter, not the second one that ended in June.
Secondly, we can see that the OS has exploded in the last 4 months due to heavy dilution.
As the "WEIGHTED AVERAGE NUMBER OF SHARES OUTSTANDING, BASIC" and "WEIGHTED AVERAGE NUMBER OF SHARES OUTSTANDING, DILUTED" are both 11,064,664 for the 3 months ended 9/30/2016 as well as for the 3 months ended 3/31/2017, the total number of outstanding shares was exactly 11,064,664 on March 31, 2017.
The fact that the O/S today is well over 20 million means that the OS has doubled in 4 months time. That makes me very nervous as a prospective shareholder.
I'm looking to buy in at .0027
Let me clarify. It is not the DoD that is fake. It is the alleged TMPS contracts with the DoD that are suspect. In fact, I never said that the DoD was fake, as verifiable in my posts. Those massive contracts for 24 million, 25 million, 45 million... those contracts are nowhere written on the DoD website and that website lists all contracts, prime and sub on their site if the contract is above 7 million.
Does that mean that the contracts are not worth as much as Tempus claims that they are (through prnewswire, lol)? Possibly due to the contracts containing massive amounts of incentive-driven money? Incentives that Tempus has no plans to deliver on? Or does that mean that the contracts are misrepresented by the company?
Why haven't these contracts been listed anywhere in today's 10-Q? It never says that Tempus has 100 million in contracts. It never lists the Prime group that gave them the contract. It does not say anything. Why is it that Tempus refuses to list these contracts in the 10-Q????? They listed them on prnewswire...
I actually just busted in at .0012. Found out about this today. Did you add any more or did you sell and get out after tanking?
Wormking take a look at this stock. This one is getting good. under .06
Not sure if I did the right thing, but I just bought UHLN at .0012.
What is the next support line below .35? And how strong are those support lines?
Oh it will, but will you buy at that price? Is that support safe? My plan was to buy at .0036, but yeah.
Not buying BVTK today. Too high, will pull back IMO.
See that's where I need your help. I just sold OTTV at .0046. I don't know which direction it is headed, but I would think that .0035 would be okay, .0030 is a solid buy.
BVTK, trend and analysis looks bearish, but some how it went up yesterday. I would stay away from that.
DOLV is the one I've traded a lot. Definitely not buying above .03, but even then, not sure. DOLV is the pump and dump that I really am interested in. Your analysis would be great.
Try to post on those boards so as not to go off topic. I'll find you there. OTTV, BVTK, DOLV.
Wormking, when you say cover, you mean just cover or do you mean buy beyond that? Where do you think this goes from here? Also, I made some money on BVTK and OTTV. what do you think of these 2 stocks?
I cannot talk to you on here anymore because I'm being stalked and targeted by posters who have been TOSing my posts. This post will be deleted because a few people on other boards have a grudge against me.
I can only talk here at night when nobody is stalking me. In addition, this post will likely be deleted by 8 AM.
Snizzle, I do have a question about Eliasch's restricted shares. He owns 79 million shares. Tempus has not told us the schedule by which the restricted shares will be eligible for dumping. Do you have any idea on this?
Again, I am not asking if he intends to dump, nor do I care what he says regarding his plan to dump. I just want to know the earliest date that each of those restricted shares will be eligible for dumping.
Why might Tempus withhold that information from shareholders?
Don't buy TMPS just because the owner is a technically billionaire because he has not increased the stock price of any company.
The only company that he has on his resume before Tempus is Head. What was the stock price of head before and what was the stock price after? And finally what is the stock symbol? I'd like to verify this information before I can decide to put all my faith in Eliasch.
The US Government is expected to spend a lot of money on the military, but there's not a shred of proof that they are going to spend even a single cent on trash ticker TMPS. The DOD website lists every single contract above 7 million, prime and sub, yet the name Tempus is not even there. Either the contracts are fake, or they are crap.
By crap I mean that Tempus does not actually expect to get anywhere close to the full amount. Let's take the $45 million contract. We don't even know the details. For all we know, most of the money is incentive-based. Incentives that Tempus has no plans to receive. These contracts are there just for pumping purposes, which means that the main source of revenue is share-dumping.
It looks more so that the DoD is doing all these things without needing Tempus' help or even knowing anything about the company, yet Tempus is trying to slither next to the US Government just for bragging rights.
Honestly I would dump this if I owned any shares. Let it either pull back or go sideways because .50 is a very strong resistance.
Sure once that busts, .70 could happen, but .35 could also happen before that. Most people at .50 are probably holding from under .40, so many people are going to sell and take profits.
Early bird gets the worm. SELL NOW!!!
For those who don't own anything, short it and put a stop loss at .53. Cover at .39
Oh I thought about those situations. I definitely have, but I also thought about that time when it tanked from 1.30s to .90s and I thought that it couldn't go any lower. 2 days later, .50s came.
I also thought about that time it went from 2.75 to 1.70 in 2 days. Little did I know that it would hit 1.06 the next day.
All I am saying is that although .32 is low, this stock has no bottom and it could go even lower. I don't regret buying at .32 because I believe that I will be able to sell on the open if I want.
Look, I really want those .24s. The thing is, I'm not alone, and the fact that so many people want the .24s is the reason why .30 will not hold.
I bought at .32 because I thought that .315 would be the bottom. Since it did not reverse in the afternoon and is far from oversold, I'm going to sell on the open and reload in the .20s tomorrow.
Not what I asked. Has the Tempus owner ever increased the stock price of a single company? And the answer is no. So to say that Tempus is a great stock just because "they have a billionaire owner" is not true because Eliasch does not have a reputation of growing a company and increasing its stock price.
I just bought in at .32. I might buy more. Not sure.
I'm actually hoping that OWCP bleeds out slowly, so that it can't recover. I want .20 to become a maximum
I will admit, it was impressive seeing this hit .51, but given the accumulation in the .30s and how fast it went through the .40s, the dumping will start soon. In fact, I already dumped my 1000 shares. No way I was going to keep them past .50.
SELL now!!!
My point exactly. So I'm not going to buy TMPS just because they have a billionaire owner. This billionaire has never proven his ability to raise a stock price. Sure he made a lot of money but that says nothing by itself about his ability to improve a company.
There is no list. Eliasch has never taken a company and improved its stock price. It never happened.
Therefore, to say that TMPS is going into dollars just because Eliasch, a billionaire, is the owner is just incorrect.
More relevant to his credentials than the fact that he is a billionaire is how he became a billionaire, which he obviously does not want people knowing.
Wormking, drop to below .30 is the general consensus. Friend of mine I discuss with just told me the following: