lost in pennyland
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Mayday! Mayday! Prepare for a crash landing in tripsland...
Keep pounding that ask!
Looking for the next one. I'll let you know when I find it. It will likely take a while...
I invested 15 billion in this back in '93. Now I have $1.86. This really sucks. I still think I'll eventually double my money. It's only a matter of time...
What's your next 5 day runner?
Looks like we be dippin'.
Hey, worst case scenario we get a chance to multiply our positions if this dips back to the .001 range.
On second thought, that might be the best case scenario. Reload before the herd arrives...
Down about 7% this week to .065. The slow march to the abyss continues...
On the positive side, the 8K shows one Donald Sable buying 2,000,000 shares from ENSL at 8 cents a share for a total of $160,000. So you can actually buy shares at a discount of about 20% to what Mr. Sable just paid.
I still think Mr. Sable got his shares for a song...
Barely profitable would mean that they would have outperformed 100% of the subpennies, 99.9999% of the pennies, about 90% of the stocks in the $1.00 to $5.00 range and a few companies in the S&P 500.
AAVG is WAYYY ahead of the game in pennyland.
I don't mind you sharing your opinion. Just try to steer towards the truth while you do it.
Uh let's see. If AAVG has the same number of flight hours with double the passengers... They double the revenues while the cost of gas goes up $37,000 less than that...
You know what, I think I found your missing $37,000... agreed?
You want me to find your post where you said AAVG wouldn't be profitable for the 2nd quarter?
Oh no! Whaa happen to SAVW??????
I agree with you. Maybe I'm trusting management too much.
Excellent news! Profitable for the 2nd quarter. They make it sound like no big deal, but for a subpenny to have a net profit two quarters in a row is unheard of. Can anyone name a subpenny that was net profitable for one quarter that wasn't due to some one-time accounting glitch?
I hope they do mean net profitable, of course. It is stated so sheepishly that I'm not sure. Anyway, what's even better news is that going forward they will log way more flight hours, but the costs will stay the same, so they will be growing profits going forward.
Spread the word guys, and see if anyone on Ihub can come up with another subpenny that was truly net profitable.
Silence, I'm with you, let's keep dreaming that this is the one that makes it to the dollars. GO AAVG!!!!
No I would make my business profitable. If this company grows it's profits quarter over quarter for the next 20 years, they don't have to issue any PRs.
Any company can issue fluff PRs. Find the ones that actually make money.
I see AAVG going up. I still see this as a budding gem, nothing has changed. This has made a nice little run off of the bottom, but I believe this will surpass last year's high of .04 eventually.
Welcome aboard northpenny. Your position is understandable. You're right to do your due diligence and silence is a good one to listen to for answers here.
I wasn't sure how to take your post either, thanks for clarifying. At least you're here, so you've found a gem.
That's a good sign for your longterm success with the pennies.
Down about 6% to an even .07. Pennies tend to go down bit by bit until a kaboom. We haven't had a kaboom yet so our share value has been gradually eroding since our nice double off of the bottom.
I think we'll be moving up fast and furious on a major kaboom soon...
If they post a bigger profit for Q2 than Q1, the MMs will take this higher in a hurry.
This looks like a company that can make it. That was a good PR today.
Makes sense. I guess I shouldn't say meaningless. It's good to see the company grow it's revenues. The business model needs to be profitable to succeed.
It looks like they have a good plan in place to get that accomplished.
But revenue per share is meaningless. This and every company will only succeed if they are profitable, or at least on the verge of profitability.
Great to see you here timmage. This ran to .04 last year on way less. The OS has doubled, but the company is in much better shape now.
Not sure what that revenue per quarter really means, but you put one too many zeros on them.
Wow, unless you've been getting preferred shares, you've lost a fortune over the last four years. You should go for the reverse split parley - GNTA and GERS - You'll be rich in no time...
That's okay ... he's probably harmless.
What are you looking for here?
Yes. Think ACTC - look at the chart there. This appears to be a real company with somewhat of a competitive advantage and a lot of upside.
Keep your GTC's on all of your shares and lock 'em up for the ride up. LOCKDOWNNNNNNNN!
It's hilarious to see Apple at $364 in the buzz cloud right next to AAVG at .0036.
We have a longgggg way to go yet.
DG has made a big investment in ENSL. I don't think he'll be giving up on it anytime soon...
Nice week here. Up about 40% for the week. I'll take that for the rest of my life.
Wow nice way to end the week! ... but still down for the second week in a row - down about 5% last week and 2% this week.
Not bad after the way it was looking yesterday.
I'm thinking about adding more myself, but we'll see how far it drops.
Pedo, what happened? Did the open house for their new product go badly? Maybe someone is just tired of holding this with things seemingly moving slowly.
I really think we're movin' into the teens soon. Hopefully this move down doesn't have anything to do with poor performance of their next generation products.
Great day today! One step forward - and many to come...
It's a great step chubby. Looking more and more legit. This looks like what we hoped it was. AAVG management looks solid!
So is this an upgrade to the highest OTC tier?
Yes, upgrade. Management continuing to demonstrate their integrity.
Definitely a good entry point, Clay. Thanks for your analysis!