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judging from his prior tweets, he got royally screwed with VLNX...perhaps just a little promoter payback.... I'd be surprised if one of them were actually in Canada - not exactly an easy place to hide in and you'd be pretty stupid to still have shop set up here.
Anything is possible thou
only decent looking penny hurricane play these days is AQNM in my books
http://www.aquentium.com/housing.htm
If they choose to play off it and PR is another story, but this would be the first choice these days...other than that, GV is my favorite play for real stocks!
if its it, they won't dump it at this point - so called premium alerts are right at the bell so it will probably have pre, and then gap/run. May actually be it seeing now that they dumped on the jamaican bobsled team and now are going after hot flushes (and the company actually has a patent...lol)
no longer heating water in Jamaica, now in the hot flushes business! All-in baby!
use this one http://www.wunderground.com/tropical/
or of course the government route
http://www.nhc.noaa.gov/#IRENE
i see re-reading they were initial advisor. Can you link to what 'deals' have they already done?
Regardless, this reads quite well to me:
Global IP concentrates on all aspects of monetizing intellectual property (particularly patents) through sales, licensing, and litigation. Over the last five years, the partners of Global IP have obtained nearly US $5 billion in closed and pending IP transactions, licenses and settlements for clients—far more than any other IP-focused firm in the world.
odds are a firm that negotiated 4.5 billion for nortel likely isn't playing around with these guys for a $1 million deal!
yes, its at the bottom of the PR - they worked for Nortel
Similarities here to PTSC and all their licensing back in 2005-2006?
that went to a 770 million market cap??? Based on the lawfirm they are working with, there could be lots at stake here.
Even the LQMT deal with appl sent that one to a 150m market cap - this is only at 15 million.
Quantifying the deal in filing will certainly help.
NEOM. Think PTSC 2006...kool aid maybe, or is it?? Only 40 bags left to hit same market cap..lol
Ouch...didnt realize that....all I knew was my group was eyeing it the prior day, but I was stuck in lunch meeting and with vacation coming, I figured best not gamble anyway. Hopefully they want to succeed and be #1, not just be pricks like aps for the next one
really? I missed it as I was on a fishing trip, but I see I had 3 emails that came just before market open and tweets at 9:34 and 9:36 (don't see TBX history on it), so if people got late alerts, they must not have had all the necessary signups or this went straight from 0.16 to 0.5 in minutes which seems a little much...
They are still #1 in my books....
PVTA went from .17 to .77c on day one, dipped to 0.405 and went up again to 0.63, then back down again to 0.42, and up to 0.749 - its still 288% above the alert price with a 353%, 55%, 78% gain possibility on each trip! Sure, many probably couldn't get in right away day 1 and maybe they couldn't fill until 30 or 40c, but there was still a double on the first run. How exactly is that a fail?
tell them to do the same and screenshot it...just curiousity - its not a real pick - volume tells you that, but I'm curious the source or if its just photoshop
hit reply...what is in the to field?
stops are funny - the full time traders laugh at you for using them, but they have saved my arse probably a dozen times where if it wasn't in, that 50% haircut was mine. If you are infront of the computer, yes, don't put in a hard stop - have a mental stop and the discipline to hit that sell button if it comes. If you are distracted, driving to the dentist, or out in the field, put that stop in regardless - sure, the MM crooks often will run it down and take it out (especially low float), but it comes back to losing $100-200 a few times being no big deal if you make $1000 or $2000 on trade #4. That routing happens alot for me - patience, taking the losers, cause you know that winner will come.
When we break our own rules, we screw ourselves over!
yeah, dot com was crazy - I was living down in states then and got into the market because of that (had been buying mutuals since 1990, but this was first dive into trading)...IPO's opening at $70 and going to $240 in 2 weeks kind of stuff - was nuts back then. I would say you have seen the same story I have over and over - much of my lessons I figured out for myself and getting in touch with the right people helped too...I am still a lousy trader with the working thing and all - this summer has been tough to get anywhere even though last summer was boomtime with all the coffee action. I call it success to be flat for the summer because I know things get hot again by October and everything you touch often seems to go up.
As for the spouse thing - its taxing on them the amount of time we spend doing this, but I can tell you as soon as you start making money, taking money out, going on vacations you normally wouldn't, the 'tolerance' is a just a 'little' bit higher! lol I certainly wouldn't have been still doing this as I made a deal with the wife, $1k, thats it - if you lose it, you are done. I just fluked out with the delist and having the argument that, well, money is back in there, may as well try again!
How exactly is it hindsight when I for 1 stated it prior to the fact?
Anyhow, been reading here this weekend and find it tough to read all the stories of 'wiped out', 'wife won't let me trade any more', only have a few 100 left so I wanted to say a few things and mention my story (read it or not, doesn't matter, but it should be relatable to those that got hammered last week). First, playing promotions is the riskiest thing out there when it comes to stock trading. You are at the mercy of the promoters and their schedule and all you can do is learn the patterns and (as I have said), trade with fear. It takes serious homework, studying every pick, establishing patterns, looking for warning signs. It can be very lucrative and I know a few guys out there that have made 6 digit gains off these - thats what we all want, thats what we dream of.
That said, if you are doing this 'as a living', 'as a last ditch resort to save your home or your marriage', bloody hell, stop right now. Your odds are pretty much as good to go to vegas and bet it all on black. What we are doing here is gambling, pure and simple - the whole stock market is, this stuff just happens to be the biggest risk/reward of them all and that is why we do it.
If you have play money though, and treat this as entertainment where you emotions don't get in the way because it doesn't determine whether or not you can pay your hydro bill from month to month, go for it, it can be a nice little niche in the trading world.
I have been trading since '99, but trading the pennies since about 2004. I was a newbee too and while skeptical, still a little gullible. There is always one screw over you remember in your trading lifetime and mine was SLJB. I thought it must be legit since they were run out of Canada...I had a little account I started with $1000...worked my way up to about $3000, then ended up pretty much going all in with $2800 or so - got caught in the halt and lost like 80% of that once it reopened a month or two later. It wiped me out and my account closed down because of low balance. I gambled, I lost.
So in the meantime, I was always trading my registered account - different story - no pennies, just big board and kept me in the loop. About a year later, I was holding Chemtura stock and they went BK. Eventually I had to get rid of it into a cash account since it moved to pink sheets, so I still had the empty cash account and moved it in, all $450 value of it at the time. Those that know that stock, knew it then went up nice in BK. I sold for 100-200% higher and I was back in the game. I got into the promo world after a random email from a fellow forum poster that liked my DD and said we should do this with another guy he decided to start working with (back in the stockster days) - we got into it, ran a chat, ran an email list, alerted stocks, both pennies and big board...ran a few unpaid promos, buddy #3 got into paid gigs and gave us the heads up and we alerted (while still not paid). Got to be a grind always being the guy everyone listened to for buy sell advice and then #3 eventually set up part of what is now APS (freeinvestment report) and conflict of interest had to go his own way. We eventually got discouraged not getting far while he was cleaning up and stopped our service - our defunct website, #3 took over and made it into what is now killer penny stocks (also now part of APS).
So you could say I understand the promo world and knew what was going on and what to watch for - it had royally helped where I am now and like to think that background has really saved me from getting royally screwed for a while.
So that $450 account got built - took out maybe $1500 and was clear funds, then I met my nemesis NSMG. I played hurricane plays year after year and always made coin (geography background understanding storms and always caught them early) - I went in heavy on NSMG thinking another sure thing and over the weekend, a hurricane died out causing NSMG to gap down - I was 50% in the hole, and my discipline always has said cut losses, but in this case, I'm thinking, season early, another one will come, I will stay in it. Next thing I know, season ends with nothing, and NSMG down 80%. I salvaged the rest and had an account balance of $345 in Oct 2010.
This is where these stories come in play that I can relate to - I felt like I was done here - sure I was on free money but it still pissed me off and I expected to have to just stick with my big board trading. Then BDPS had a play coming and I said what the hell and went all in. Turned out it was CXLT and I managed 60% gain in it. Grinded it out for a while, next thing I know, I'm back in the money with a few K and on a roll. I stuck with discipline - I cut my losses on -$100 because I knew something would come along to make it back + double - I stuck mostly with the big promos - BDPS, PP, APS - I knew the system - BDPS and PP were always good for a 2nd day gap exit, APS, good for a couple days and that eventually extended as we know. I would often have hard stops in (ESPECIALLY if I was busy at work or away from the computer) - I don't stress that enough - if you are on vacation, or can't be infront of computer, don't jump in a promo without a stop in place and remember to have your limit low enough so you don't miss exit. Year and half later, while working full time, this has become a nice little side deal for me and have built the account up to almost $50k - modest in terms of what I know some people have done, but something I am proud of knowing I started at $345 and remained very patient and disciplined. I have taken out over $30k and just trade in smaller amounts to not get wreckless - regardless how comfortable I feel in the promo, I never start with more than $5k - it helps reduce the impulse, the emotional aspect of trading, and also the exits are easier as you aren't trying to unload huge blocks.
I expect to get burned again at some point, but still haven't for a while - call it gut, good timing, or just trading with fear, its working. My mindset would probably be different if I did this for a living or 'relied' on it. I would never recommend that regardless how tough things are, but if you are thinking that you are down to a few hundred and the game is up, hopefully my story will help you realize there is still hope - just a lucky play or two and you are back in the business.
All those saying they will never touch another APS play?? I doubt it - they will be back if they have money to burn, but hopefully you play it smarter, don't risk big O/N, don't buy and then go on vacation for 2 days without monitoring it, don't buy if you have the DT rule and you don't have another trade left, and pay attention to the money flow and get out when things act toppy.
Hang in there and please remember your lessons from this, just like I have with the likes of SLJB and NSMG....cut those losses, and cut them quick and you live to fight another day.
i was one of those that never received my premium, so I was obviously suspect right away. If all the emails came out with the sisters, I probably would have felt relaxed and held full position for an o/n hold (if I were able to get shares). Looking back at all the dailies I screenshot though, SNPK was the only one that had a weak power hour and a strong day 2 - any others that weren't great in the last hour had little left in them....that should be something to watch for sure.
it's frustrating - they could have actually succeeded on the premium deal if they wanted to (or had intelligence) - you release accordingly with NO block and PM frontload - you let the subscribers buy and create their own volume - hold back your paper to confuse the subscribers and any that leaked, then you could drop the paper bombs minutes before the regular emails go out. Boom, subscribers that held do well (even though confused and many may have sold but no one to blame but themselves since you did an honest release)....you then go back and say, we will open up 2000 more spots, but the price is now $200/month etc etc - people will buy - instead, 80% of us cancelled.
This is how I'd run it, it would succeed, but I suspect he doesn't give a crap and just likes screwing with people - that premium money is a drop in a bucket when you think about the money they pull out of each deal.
The cancel threat - very smart and I thought about the only thing they could do to try to stop the spread if they really cared about that, but no credibility with the PM trades and obvious leak.
Like I said, trade scared and the pain will be minimized - I really can't remember last time I got royally screwed on a A grade promo (say more than 1k loss) (think it was the one pennypic leaked hints to so we figured it out and they canceled - immediate 70% haircut)...I have traded with fear all along since and it helps.
No prob...i hear ya...my concerns:
premiums were late or not even received. Anyone that runs a mail server should know 2000 emails should send out prettyu quick.
Warning that he will cancel on leak followed by an obvious pm leak and guys posting they received premium and vlnx was the pick (easy out for cancel)
about 15 sisters that never released email when they said they would within the trading day (biggest flag for me)
email reply a different address than the ones from the pick coming and todays emails (which I didnt notice until today)
Power hour showing weakness and a steady bleed in price when we are accustomed to strength day 1 close
Pink sheet pick when they dont do pinks (havent in ages)
supposed new management and the unknown that comes with it
Nateee giving stern warning as well confirming all your suspicions!
perhaps for me like others, I could step back and not let emotions get in the way since I was blocked day 1 on liquidity rule, but I felt the unease in the last hour and warned here and my other forum im involved in...i would have likely been way smaller and stopped out on the power hour slide.
Day 2, I traded it 3 times..once on the first bounce for decent gain, then twice I tried around 5c or so but lost the initial gains...this was all posted at thelion.....
'this was totally unexpected'? While I don't want to get into it too much since I ruffled feathers yesterday, come on and get real - warning signs were everywhere on this one (about 6 of them from my count) - tons of things didn't add up and a good trader that has followed APS for more than a year and knows the promo world should have seen it and either way lightened load, or had a real quick planned exit.
The problem is the people that got caught seemed to have the assumption that 'nothing goes wrong on day 2', and we should damn well know better than that given the amount of games he has been playing on us since he merged with pennypic....
Trade this stuff with fear and you will do fine. The minute you let your guard down is the minute he screws you. I know most here are getting tired of the preaching, but we should know the game by now and be prepared for it. If you don't know the game, don't trade it and especially don't hold O/N.
the reply email in the vlnx released last week fwiw are different than all the 'pick coming' emails, prior and today...food for thought
well exactly - there are many people here that stated this was their first time playing APS and probably didn't have a good trade plan...they didn't really know better and would have preferred a play by play. You guys started this board to teach them so if you are only in it for yourself, you shouldn't be involved with the board. That is my point. I am not saying its your fault, but I'm saying erring on the side of caution in your comments may have helped many save a few bucks to a few people here.
as an assistant of this 'learning' board - I would hope you know a thing or two about the risks of APS and how to play them. With 45min to close you state 'nothing to fear here'....
For all those playing them for the first time, as you were about the only assistant around at the time that I saw, many will hold onto those words for their own piece of mind. If you didn't understand the risk, you should not have posted that opinion on the fact that you 'represented' the brand of the forum. End of story.
Sure, day 2 is usually safe, but there were like 15 sisters that didn't send out an email, and many people that never received premium alert, and the realization that it was supposedly 'new' management that had the element of unknown. There should have been messages to the such at least saying 'I'm holding based on past history, but there is some risk here given A B and C...trade at your own risk'......
just saying
really sorry you got hit - but I warned you yesterday it didn't feel right while you were rah rahing about 'nothing to worry about'...(check your PM) - as you didn't warn the board as I suggested you should, I did:
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=78618779
You cannot approach an APS play on an overnight hold and assume all is fine - you always have to expect the worse (especially when things aren't playing out as they should and EOD is closing weak). I think you guys on the board that were around at close should have done a better job warning of the risks.
No one to blame but yourselves and use this as the lesson we all get at some point in our trading lives, to play much more cautiously with nothing more than you are comfortable losing.
lol, yeah right - regardless what it did prior to premium, you really think not a single person mentioned they got the premium email and that was the pick? Sorry man. Easy out for them even if it wasn't the cause.
I didn't even get my premium - got my prompt refund though.
that would be too brilliant of a move - they don't have that in them, but I would applaud them if they did (would have only been believable though if they did it yesterday early on prior to the general alerts)
and I think everyone here probably know we are dealing with companies that arent real, so the preaching isn't necessary...thats all
lol, if this stuff bothers you, promos aren't your thing - they are basically all virtual offices and fabricated stories - thats the name of the game. To be around that long and not realizing that is unfortunate!
the fact that only the original 3 emails came out on this so far (that I know) when they all said their alert will be today should be somewhat concerning. There is enough ammo for them to come out and cancel after hours...is that worth the hold just to get back in maybe a few cents higher if all appears smooth sailing tomorrow??
Just saying. May be nothing...but the risk reward is missing 10% extra gain having to rebuy or losing 50-60% if they cancel!
ditto...nice to see at least...not even much point for us sad Canucks that are screwed on the 20 day illiquid rule and can't touch it until tomorrow (apparently suretrader as well, can you confirm that as I was thinking on looking into them otherwise) (still didn't even receive my premium alert yet got the regulars...lmao)
would have traded that $$ without the premium bs...setting it up...multiple emails typed promoting...setting up website....dealing with responding to 1000+ cancellations!
stupid
no kidding...talk about idiots. If they wanted to run it right, they needed to stay away from all their liquid, keep people guessing as to no massive blocks during premium time, and only spike it minutes before emails. So what if the liquid wasn't there prior - they alerted correctly and if people didn't buy its their own fault! Now we all cancel premium on that screwover and they just get a headache.
Morons!
boilerroom at its best....no operations, no nothing...wish I knew who was running it, because he obviously knows how to pump!
regardless, looks like they had been doing 4m per day so at this volume, should be easy to absorb even 5x that
oh yeah, still there - it is confusing to me as to how much is part of the dilution train - is it just the initial note still converting, or all 12? Big difference as I don't know if its $5k left or $1.7m left to convert immediately!
no chit! Just trying to make a fair buck and he is pooping on the parade like crazy....not like that is any surprise with COIN though. Dilution their biggest downfall.
their VRNG holding is worth about 0.0085 right now
regardless what price this is at, its currently fairly worth 0.27 based on CSQ current value (CNMXF)....people are just too lazy to make the connection