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dilution only about 8%... no cause for alarm. anything under 100M shares is still low.
Looks like they're finally profitable. Might be a really big pay-off coming for anyone who held long over the last 2 years. I doubled-down this week. Granted I only own 4,000 shares now, but if they give a good report in August I'll double that and buy another 4,000 more.
ARSC is typical shell scam. Every time the stock spiked, paid pumpers flooded the board and moderators deleted posts. Pump and dumps are so painfully obvious. I just wish as the little guy, that I could short shares at the top of the spike, but unfortunatley, my day-trading account prohibits such activity.
I am on ask for a penny looking for 1M shares - please sell them to me.
they are not releasing the numbers, becasue they do not exist. This is a classic shell-scam. if they listed a patent number, shareholders would be able to resarch and uncover the lie....
I'd love to see the pumper's 3-page essay on why this "great company" with "world-class products" is now trading at sub penny.
I can answer that, and it's because this company is a shell scam, and will never trade above a penny until there is a reverse split..
No affect - with triple-o-six on the bid, I doubt anyone is short. And on that note, I'm surprised to see the lights still on in here.
I for one, took my pill, puked a few times, and am now only in the market by 5% and dealing in hard assets only - particularly coins.
So liberating to not have to give a shit about any of this market corruption any more.
And you know what's funny? Reliant was only a SMALL SCAM compared to what has unfolted on Wallstreet !!!
Trillions man TRILLIONS !
Lots of good stocks are taking a beating right now. Look at MLTC. They are break-even, and on a growth plan and you can get their stock for 0.28 and I figure just their book value alone against earnings is 40 cents.
I just got back from the Natick Mall. I snacked at Melt twice, and figured I'd post. The location was quite busy and during probably the deadest month of shopping other than back to school specials. They were doing quite a bit of business, and their products are well received. I tried one of the crepes for the first time and it was better than I expected. I'd eat them again and I'm not really that big of a fan on crepes in general. I usually don't bother with them even when they are available at buffets.
I also spoke with the manager briefly. He said there are plans in the works for more locations in New York, California and I think Virginia (as best I could hear).
Customer Service was excellent - and a full 180 from a year ago at this location. The employees at this particular location were pleasant, and very quickly rectified a small glitch without any attitude or questioning at all.
I'm looking forward to the earnings for August. I would assume they will turn a profit, but if not then they are likely investing in the new locations. Either way, I think they have a solid foundation ready for growth.
Otherwise known as "letters of unintent"....
99% of LOI's I've seen have resulted in broken promises - and you only see LOI's on BB/pinkies
REAL stock never have them... go find a LOI for Google or Apple
The manipulation can help you if you play your cards right, I sold my stake from 7 to 8 cents and bought back from 5 to 5.5 and have 30% more shares for free.
That's only true if MM's chose not to load shares to the ask at 0.006, 0.008 and 0.01, etc -- along the way, which you know they will.
I was going to get into that more, but as an engineer by trade - friday afternoons I'm pretty beat and get lazy.
I'm pretty well diversified. Any mistakes I make with ARSC wouldn't even make ripples strong enough to reach the sides of the bucket.
You are correct. One thing I do know is "printed" photovoltaic cells should be hitting the market soon and reduce opportunity costs of producing solar electricity. Heck, if they get this technology cheap enough, you will just see a rooftop cladding of dirt-cheap cells. The unused energy during the daytime can either be stored in batteries, or used to split water and store the hydrogen for later use - or for export. It seems to me that stored hydrogen would maintain itself indefinitely where as a battery has internal leakage.
I'd think it'd be a good combination to a hydrostax unit.
amen -- someone has been loading up on shares and you don't do that unless you know something, and you don't go after this many shares unless you REALLY know something
I'm just glad to be sitting on my 250k shares that I was fortunate to pick up in the 2-3 cent range. Might have to do a little tasting at 10 cents just to protect my initial investment.
It doesn't matter whether the company is legit or not. They seem legit to me...
If MM's have a big enough short position - which I think they do - all they need is enough working capital to walk the price down so that they can cover at our expense.
MELT has it's first quarter of profitability. Not much, but profit is still profit. It is good to see they are taking necessary steps to build a good solid foundation before adding too many floors.
They seem undervalued if you compare their earnings to outstanding shares.... why the low price?
I've found that (unfortunately) the only way to make money IS to play the pump-jobs. The key is to find pinkies or BB's and watch for when volume ramps, but where the board hasn't started pumping yet.
Then wait for the pumping to start and as soon as you see a gain in price get on the boat (as you've witnessed the "launch"). Then sell as soon as there is either a spike or PR or both.
You know when it's a pump job when you see a penny stock being given expectations of "dollars per share" in the short term. It does happen legitimately on occasion, but only maybe 1 in 100 stocks ever do that??? Some good ones I've seen this happen to are CWLC ('06) and IMOT ('07). The most recent is GLCC - check out THAT graph. For the very lucky few, it was a 100-bagger. Sub-penny to 12 cents in about a month. My grandfather stumbled on it by pure luck when it was 0.0015 or there abouts. I ignored it, but he put $1,000 on it. He sold at a penny, and did well, but little did he know the ship was just leaving dock !
I don't see a beer cooler on the list ;)
It's called pump-job. The PR's are so full of holes it's not even funny.
Some other points:
1) Companies with billion dollar potential, are not blasted to sub-penny.
2) The writing of the PR's is horrible, I've seen better writing from third graders.
3) A fall from 12 cents to 5 cents - enough said there...
anyone rich yet?
It's never "too late" -- just a risk/reward ratio. Depends on your short term or long term gains. Take the standard penny-stock gamble and put $500 in. If it goes to 5 cents sell out, if it goes to 20 - laugh all the way to the bank and then on to the next play.
Sounds good to me - lets roll ! (...in the dough that is !)
Luckily my grandfather found out about this stock on a whim. He got about 50,000 shares for 2c average (lucky duck) He talked me into it today. I hesitated at 8 cents, but realized quickly that 9 cents was still a great gift. I'm only sitting on 5,000 shares, but would like to see $1.00 some day -- too much to ask ?????
I think a non-agressive MM pull-down happened. 2007 was a slow year due to the oil/mortgage crisis ruining everyone's play-money. A few people wanted out, and MM's simply weren't willing to pay much. I sat on the bid at 0.25 for a while to pick up the cheapies.
They have good growth forecast for 2009 and we may even see a half-dozen or so new franchises this year.
I'm going to buy another 1,000 shares or so each time they add a new franchise.
Tryme is right.
No office.
No products.
No revenue.
No shares ever to be worth a penny ever again.
Unfortnuately it has to be that way - because if the stock market was to truly crash in one tax season, the government would not receive any income since the tax write-offs from the market would cancel out too many people's (otherwise taxable) income.
On the other hand, taking that into account I don't see as they should be entitled to taxing any profits at once. To be fair, they should only be able to tax up to a certain amount per year...
government fair ?? yeah right... Just like some day women could theoretically be rational.
Wrong... Casino's don't "steal" or lie......
Ready ! Got a pot of grass next to the computer, gonna watch that grow while waiting.
I'm on the bid at 0.0025 looking for 500k shares.
um... lol ???
1) yes
2) the stock price will never rise above a penny
3) they are crooks
4) there will never be revenue
5) crime pays, play their game to get your money back
I shorted all of them. Twice..
Sell your shares now while you can still get a few tenths of a cent for them - otherwise you will be relinquishing them via "worthless securities transaction" to your broker for a tax write-off very soon.
Everyone should sell their shares now while you can still get a few tenths of a cent - wait much longer and you will be relinquishing your shares to your broker for a tax write off.
technical difficulties... hahah --- BACK TO THE LAWSUIT - there is no funding!
the AH trades look like the MM's are shorting the shares - or the brokerages where shareholders have shares - are shorting their own shareholder's shares