Replies to post #29749 on SaviCorp (fka SVMI)

[lifegoeson86]

FYI its no falt of the company,the SEC dosen't want all the financials at one time.

[bly03]

NC Jim,

Regarding your statement:

The point I have been making for a long time is this stock will not move on the good news that is going on until they become fully reporting.

This stock made a move from 0.08 cents (or "trips" when expressed as 0.0008 dollars) earlier this year to temporarily above 0.8 cents a month or two ago (and since then has given a bit back). That's a 10-bagger in just a few months, all without becoming fully reporting.

There have also been other large percentage rises, all without being fully reporting.

Don't get me wrong, becoming fully reporting would be a good thing (and might bring in buyers that would not buy now), but this stock could certainly move even without it. If the recent PR's had stated that we had already booked multi-millions in revenues, and that we are now profitable, and would use this profit to buy back a billion shares of stock, don't you think the stock price would skyrocket on this news even if we were not fully reporting?

Plenty of fully reporting penny stocks are crap stocks, and their price keeps sinking and sinking because they are crap stocks.

Plain and simple, the stock price rises when there is more interest in buying the stock then there is in selling the stock. Becoming fully reporting could potentially increase one side of that equation (by potentially bringing in buyers that would not buy now), but it might increase the other side of the equation even more (if the filings are so ugly that they cause increased selling as current holders run for the hills.)

I am with you that I would love to see the company become fully reporting. However, I don't really agree with you that the primary reason that the share price is not continuing up is due to the lack of being fully reporting.