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looks like the storm is getting worse. Supposedly it will pick up intensity quickly now that it is over open water.
well i got my position in this one...gunna sit back and let it incubate while that hurricane gathers strength.
if we get another strong hurricane..which so far is the prediction...maybe we'll have deja vu on that three bagger
took a position...looks like with the hurricane scare stocks like these are moving up..look at what ipii is doing
so i guess this thing is going to blast off when hurricane gustav wreaks its destruction?
looks like we're gettin some mojo
its gawdamm unamerican if you ask me...tdameritrade won't let me buy online either. what a bunch of commies
zheesh where is everybody...didn't anyone see the 10q today? they generated roughtly 50 million in rev and 2.8 million in net income for the quarter. This thing should be rockin
This baby looks like its ready to take off
yepp just have to eat thru the shares is all
TA is gagged so we won't know what the OS is unless company puts that out in a pr or updates pinksheets.com. Looks like we'll have to eat through some stock for a while before we rocket.
a 15 PE multiple on this stock based on new merger revs and profits listed in the press release today puts this stock at around .0153/share. and that is based on the authorized shares, not even the outstanding. I always assume worse case scenario in my calculations lol. We're currently at .0002..looks like there's some value here!
looks like we're getting ready to explode on this news
there's no bids for this stock? zheesh they may as well get the reverse split over and done with
so what happens here? i buy shares of one shell company and then get shares in a different shell company? i'm getting sick of seeing this crap in the penny market. can someone clear this up for me?
RUNU nice!
double pow! .007 now
POW! .0065 now. only two mms there and then we go to .007
because i have level II quotes and the number of market makers offering .006 has gone down.
.006s almost gone!
nice call on neom. i made big mooolah!
BAM! .006 looks like the supply of stock has been eaten up?
looks like this stock is ready to rock!
The settlement trades don't affect the trading during the day because they are mirror trades based on the client's sales for the day. They have no purpose other than to record what the market maker gives to the client after the trade is wrapped up. Yes, market makers naked short stocks on a short-term basis and will go to other market makers for the shares to cover. However, compliance doesn't let them short to the degree that we are seeing with the settlement trades. These are millions of shares being sold by a person, not a market maker doing it for his jollies. There is a big misconception about prolonged periods of naked short selling on the otc. It doesn't happen as much as people think. It is the Company's fault. They issue the shares. Those shares hit the market. Lets see a press release from the company telling us what the shares outstanding are and how the company is funded.
Thank god...finally someone else sees the reality here. There is huge potential here..agreed. If they can secure serious distribution, then we should be able to eat through these shares being dumped for a while.
exactly!!!!! that's what makes this so much fun! Its the inefficiency of this market that offers us profit potential
Watch where the sells take place and then see what the settlement trade shows. Geezuz i should be charging you guys for this. You may not like me now, but I'll keep you from losing money.
Well, its a matter of definition here wrangler. We refer to these trades as "after hour" but we should be calling them settlement trades, because that's what they are. The market maker sold the large position for his client and took his rip. He can do this at any time. Typically they do them after the market has closed because they are busy. They can do them just prior to close as well, because they know the client is unlikely to call in a new order 3 minutes prior to the close on a friday. Sometimes you'll even see these settlement trades in the middle of the day. It all depends on how many shares the client has to sell. In this case there is a substantial amount, so they wait until the end of the day to settle the trade; otherwise they would have to settle them several times a day.
what is the total AH trades we have so far? I guess once we count up to 500 million, they'll be done..unless they increase the authorized again. This company really needs to publicly state how many shares they have outstanding.
AH 1,849,760 :(
nice 2 million share dump at .0055 today. The company needs to lock in solid deals to make up for this dilution. The last pr showed nice progress, but we need a pilot sized deal to get this thing moving in the right direction again. The people on this board can't be expected to self-finance this company every day by buying shares in the open market. That only goes so far. If the company truly has funding sources that doesn't result in selling shares in the open market every day, they should address it in a pr along with their current shares outstanding. Some transparency would be nice. What ever happened to that guy to claimed to have called rosario on the phone and now we never hear from him again? I'm starting to think that was a crock and it may not even have been true. The guy shows up and posts one time and disappears?
blah blah blah...i'll continue to point out b.s. as I see it and good things as I see them. Let's just see how long that market monkey stays around and dumps stock while he shows a weak bid to lure in suckers. If he leaves, you can tell everyone you told me so. But for now the stock contiunes to fall. good luck to you.
thanks papacoco, looks to me like they should be out of the stock..it at least appears like this is some support at this level over the last 10 trading days...so that is good news. I look forward to watching the developmetns here
helm - if you want to look at the penny stock world with rose-colored glasses all day and lose your money, be my guest. Nobody here even knew that the company increased the authorized shares behind our back, until I pointed it out. What happened after the company did that? the stock went down. What has happened since the new market maker showed up two days ago? the stock has gone down two days in a row. This company is one of my favorite penny plays, but I take a balanced view because these companies don't give a rats azz about shareholders. If this company can finalize its deal with pilot, then you'll see me posting here with joy. If I were nothing but excited about every stock I trade, I would be broke.
who was the promoter that poo'd on the parade? was it this polly anderson lady listed on the i-box? I'd like to know who it is, so that I can avoid their stocks lol.
thanks bro EOM
Like I've stated before, we operate in an evironment of imperfect information in pink sheet stocks. I just post my opinions, and you post yours, that's cool, its the american way and its good to have differing opinions on this board because we have to stay vigilant with penny stocks. I've been trading penny stocks for a long time and to have a boutique mm on the stock is not a good sign. If they stay on the offer for weeks, then we know we have another big seller, if not, its no big deal. The company has made very good progress for sure. I don't think there is much to worry about long-term. short-term, i'm not so sure right now. As the company makes more and more developments, we'll be attracting new investors.
I don't see it for 100%, but the mm is a boutique firm. these are the firms that typically raise money for penny stocks. Just saying it looks like that is what they have done. Only the company knows the real truth. This MM is on the stock two days and counting. They are not a retail market maker. Either they represent a private shareholder with a position, or their firm has done a financing with the company...those are the only two options. Retail market makers are those like NITE and UBSS. Hope they don't have much of a position...if they stay on this for weeks or more, we know the position is sizable.
yeah dude, most ir firms suck and they have no level of professionalism...not saying thats totally the case here..only have called once. where can i find the link to the audio interview guys?