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100 million is petty cash for a company like Microsoft
This thing may see dollars some day, who knows, but like I said earlier, it's not gonna go straight to the moon without dips and opportunities along the way.
Just curious. I've heard Microsoft mentioned a few times today. Can someone tell me why a company like Microsft would be interested in something like this?
Would you still tell me to get in at .195 before I miss the ride? That was just hours ago. Anyway, congrats to everyone who took their profits off the table and good luck to everyone still holding or trying to get in again.
I don't think it's all that bad. PPS has been in the range of .09 and .12 for several days now. Based on the daily trend of the stock, I think it's an easy flip for flippers looking for 25% gains. I'm just waiting to hear something positive from the company regarding their restructuring efforts. In the mean time, I may start flipping so I can accumulate more shares without actually spending more money.
If it does go straight up and doesn't dip along the way, it will certainly be an exception, not the rule. I believe in margin of safety, that's how I invest. From what I have read so far, the company has credentials. If I happen to miss the ride on this one because of timing, I'll be ok with that. I won't, however, be ok with losing money because I didn't do my own dd. Again, good luck to everyone. This certainly does look like it has potential.
You should read my post. I said this will not go straight to the moon without opportunities to get in. Show me a stock chart that goes straight up with no dips.
I have never said this isn't a good company. How can anyone on this board advise me or anyone else for that matter to not take their time to DD? It's my very humble opinion that this will not go "straight to the moon", there will be opportunities to get in either way.
Why? Because I'm busy, have my money invested in other things and already told you, I'm not jumping in right now anyway. So why? Why would I go check this out? For you? I don't even know you. Get a life.
Folwer is north Tampa. I live in St. Pete. I'll wait until something happens with the store down the road. I drive by frequently and have often wondered what the hell it was. I can tell you that the location down the road from me isn't exactly the most happening area. A few fast food places, maybe a restaurant or two and a few businesses. That and what I've read on this board is all I know at the moment. I'm in no hurry to jump in, if I do. GLTA
Maybe if I can DD in time
I don't have any shares of this company yet, still trying to decide. Anyway, I live in the Bay area. It looks like they are opening or in the process of opening one of these establishents on 4th Street in Saint Petersburg, which is adjacent to Tampa.
Sorry, you must have been typing. Let's see what happens here.
What does that mean?
Don't insult the slugs
Who cares where it came from, it's less than $2,800 traded so far. Hardly significant.
Funniest post I've read all day.
hopefully they're not done covering
anyone else around seeing this? What's happening? We are green again.
moving back up
Little bit of good news regarding the restructuring and this will trade higher. That's all it needs, imo
14,005,000
maybe not, but it's definitely not a sell
less than $1500 traded
Then maybe your previous post should have read.
"I HAVE FAITH that the technology will prevail no matter what --something has to come out of this -merger-buyout-or just shoot to the moon-so for all u haters out there give it a rest"
16/10/2007
SEASTREAK OWNER SAYS MEDIA REPORTS WIDE OF MARK
SEASTREAK OWNER SAYS MEDIA REPORTS ARE WIDE OF THE MARK
Hamilton, Bermuda, October 16, 2007. SeaStreak, the fast ferry passenger line that crosses from Atlantic Highlands and Highlands on the central New Jersey coast to Manhattan on a daily basis, is contacting locally elected representatives to answer media reports that the service is under threat.
SeaStreak, which ferries 4,000 commuters during each working day, is owned by Sea Containers Ltd, the Bermuda registered and New York quoted company that has been in Chapter 11 since October 2006. This has led to Sea Containers needing to dispose of its non-core businesses. SeaStreak, which profitably operates the service using four fast catamarans, is one of the subsidiaries which has been put up for sale.
Recent press reports overseas and in the US had speculated that, independently of the route itself, the four fast ferry vessels were soon to be sold to an agency of the Government of Trinidad & Tobago “for $120 million”. The fear is that without any ships, there will be no service.
Responding to the media speculation, David Stafford, SeaStreak’s General Manager, said:
“First of all, Sea Containers is very aware of the importance of the SeaStreak Manhattan commuter service to the local communities of Atlantic Highlands and Highlands.
“We have indeed had considerable interest from a number of possible acquirers for the SeaStreak service as a whole.
It is true that the Government of Trinidad & Tobago has expressed an interest in the vessels alone but much of what has been reported is speculation.
“Even if the vessels are sold in a separate transaction to the sale of the business itself, then we will do everything we can to bring in suitable replacement vessels to continue operating the route, not only because it is important to so many people, but because it is also a profitable route and therefore more attractive to investors as a going concern.
“We are also grateful for the interest shown by the representatives of the local communities in New Jersey, the New Jersey Department of Transportation as well as the Port Authority of New York and New Jersey. Certain of these contacts have suggested there may be local interests ready to buy SeaStreak. We would of course welcome any such proposal.”
"don't forget the technology will prevail no matter what --something has to come out of this -merger-buyout-or just shoot to the moon-so for all u haters out there give it a rest"
How do you know this?
"well it don't matter anyway because i have made up my mind and too the rest of the longs out there -keep riding this stock till the wheels fall off the mothersucker ---MOON THEN MARS BOUND TOO ALL YOU SUCKERS GO GO GO EWORLD"
There is no bid, I think they have no choice at the moment.
Just take a look at HCPC. If you bought $1,000 worth of their stock last week, maybe even early this week at .0001, you could have gotten out at .0004 easily and turned that 1K into 4K. Here's how I see it. EWDI had one run. Nobody can say with any degree of certainty that this is a scam or isn't a scam. As far as I'm concerned, it's all speculation until they get off the pinks and file audited financials. But, even if this is a scam, one has to believe the stock will have more than one run. As I've stated before, I'm in at .0001 so I only have one option. That's to wait for this to go up or RS. GLTA
I'm certainly not opposed.
There's just as much of a chance of pps being .0002 with .0002/.0003 bid/ask as there is pps being .0002 with .0001/.0002 bid/ask. IMO if this goes up we'll being seeing both.
fotog, you sound so sure. How do you know the bid/ask won't be .0002/.0003 when/if the pps is .0002? That spells double for me.
I grew up in Charleston, lived there most of my life. Great place.
closed up 8.70% today at .25
I was averaged at .0002 so I held when it went down because there wasn't much more I could lose at that point. Honestly, I thought it was over for the stock. It didn't happen overnight but it hit .0006 today. I got in this at .0001 for a small position. We'll see what happens. I have no choice at the moment, but to hold until it goes up or does a rs.
low bid + high ask = slow day, even for a turtle
I think you're on the right track. .05 is very possible with a RS
A month ago PPS was .0001 and had been for a while. Stock runs a little to .0008, I believe. A month later it's back at .0001. People on this board seem surprised by this. This is pinkie land. Go long if you want but if you don't take profits off the table when you can, you get stuck holding a bag. I remind myself all the time, the only rules down here are the ones you set for yourself. Bottom line, if they don't reverse split, this will run again. So screw waiting for the pr, imo it will do nothing for the stock. I'm waiting for volume on the buy side. My 2 cents.
Very good question. I'm hoping to see an update from the company soon.
Think about when Google paid billions for YouTube, they didn't gamble. YouTube was already established and very popular.
I doubt very much that the likes of Microsoft or Google would consider throwing anything into this or have anything to do with it, at the moment at least. Short term, this is a risky gamble, I don't think the big boys like to gamble.