VLCO made its run starting on Monday when word came out... a bit late on this one CAPT
Posted by narbeh on :
maybe itll keep going... should anyways haha
Posted by CAPTNEMOS on :
WOW .33C PER SHARE EARNINGS AND THIS STOCK IS ONLY AT .05C?IM IN BIG TIME.LOAD UP BOYS.STOCK SHOULD BE TRADING AT LIKE .75C-1.00 AT LEAST.
Big Quarterly Profit Seen From ValCom May 24, 2011 (Marketwire) --
CLEARWATER, FL -- (Marketwire) -- 05/24/11 -- ValCom, Inc. (PINKSHEETS: VLCO) reported a big gain in quarterly earnings when the media and entertainment company disclosed the financial results for the 2nd quarter of its financial year.
A key statistic in the 2nd quarter 2011 financial data is the company's total assets which grew over 200% from September 2010 to over $24 million. The increase is primarily due to the company's audio and film library and growth within its My Family TV television network (www.myfamilytv.tv).
"ValCom is starting to heat up!" stated Vince Vellardita, President and CEO of ValCom. "Our financial results are starting to show what our shareholders have waited for. This company has been dramatically undervalued as we continue to execute our business plan to increase shareholder value."
The 2nd quarter financial results showed a $.33 earnings per share, meaning that ValCom's earnings per share are 15-times where the stock is currently trading.
ValCom expects a great surge in revenues from its content library. The company has over 6,000 video and audio titles in the library. In 1st quarter 2011, an appraisal was conducted by DOS Broadcast and Appraisal Services to determine an accurate value of the content owned by the company. DOS has estimated that the value of the library exceeds $128 million. The library contains rare and unique video and audio content including 13 master recordings of Elvis Presley with The Platters; masters from Ike & Tina Turner before they were stars; and a very rare 3 Stooges film. The library also contains films starring the top names in Hollywood like Denzel Washington, Anthony Hopkins, Robert DiNiro, Jodi Foster, Russell Crowe and Mel Gibson.
In addition to utilizing the content to leverage the growth of My Family TV, the content can be licensed via various distribution channels including broadcast stations, cable networks, video on demand, and internet streaming. There is major revenue potential due to the overall expansion of new media and the growth of the international marketplace. For example, Netflix recently did a 5 year license of New Line Cinema's library of 250 titles for $750 million. ValCom has started the process of licensing the content in the syndication marketplace and has already lined up buyers.
Additional information pertaining to ValCom's quarterly results can be found in the company's 10-Q filing.
About ValCom, Inc.
Based in Clearwater, FL, ValCom, Inc. is a diversified, fully integrated, independent entertainment company that has been in operation since 1983. ValCom, Inc., through its operating divisions and subsidiaries, creates and operates full service facilities that accommodate film, television and commercial productions with its four divisions comprised of television and film production, broadcasting (My Family TV Network), distribution, and live theatre. ValCom's client list consists of all of the majors such as MGM, Paramount Pictures, Warner Bros, Disney, CBS, Sony, NBC, Phantom of the Opera, HSN, and more. For more information, please visit the company's website at http://www.valcom.tv/
Note About Forward-Looking Statements
With the exception of historical information, this press release may contain forward-looking statements as that are made pursuant to the "safe harbor" provisions as defined within The Private Securities Litigation Reform Act of 1995 (the "PSLRA"). Forward-looking statements may be identified by words including "anticipates," "believes," "intends," "estimates," and similar expressions. In addition, any other statements which contain characterizations of future events or circumstances are forward-looking statements. These statements are based upon management's current expectations as of the date of this press release. Actual results may differ materially from the expectations contained in this press release due to a number of risks and uncertainties relating to our business which are discussed in detail in the Company's periodic filings with the Securities and Exchange Commission. ValCom, Inc. does not undertake any responsibility to publicly update any forward-looking statements to reflect events or circumstances after the date on which any such statement is made or to reflect the occurrence of unanticipated events.
ValCom, Inc. Consolidated Statements of Operations (Unaudited)
For the three For the three For the six For the six months ended months ended months ended months ended March 31, March 31, March 31, March 31, 2011 2010 2011 2010 REVENUES
Depreciation and amortization 31,292 48,604 62,584 97,276 General and administrative 285,899 1,105,878 904,294 1,593,003 ------------- ------------- ------------ ------------ Total expenses 317,191 1,154,482 966,878 1,690,279 ------------- ------------- ------------ ------------ Loss before other income (expenses) (167,992) (983,511) (456,829) (1,328,123)
Other income (expenses)
Interest expense (18,751) (43,218) (37,431) (49,218) Gain on derivative liabilities -- 84,709 -- 197,056 Film library inventory adjustment 16,621,655 (132,490) 16,621,655 (179,328) ------------- ------------- ------------ ------------ Other expenses -- ------------- ------------- ------------ ------------ Total other income (expenses) 16,602,904 (90,999) 16,584,224 (31,490) Net gain (loss) 16,434,912 (1,074,510) 16,127,395 (1,359,613) ------------- ------------- ------------ ------------ Weighted average shares outstanding 50,138,158 40,434,158 79,850,072 40,970,971 ------------- ------------- ------------ ------------ LOSS PER SHARE -- basic and diluted $ 0.33 $ (0.03) $ 0.21 $ (0.03) ============= ============= ============ ============ Investor Relations: Ingrid Clavijo 727/953-9778
Posted by CAPTNEMOS on :
quote:Originally posted by narbeh: VLCO made its run starting on Monday when word came out... a bit late on this one CAPT
A BIT LATE REALLY?POSTING TO BRING TO PEOPLES ATTENTION.DEF NOT TRYING TO IMPLY I KNOW SOMETHING MORE THAN THE PUBLIC DOES.OTHERWISE ID BE INSIDER INFO AND ID BE BREAKING THE LAW.!!LMAO.
ID STILL PUT THIS STOCK AGAINST THE LAST 5 POST ON THIS BOARD RECENTLY.ITS A BARGAIN AT THIS PRICE.ALL IM SAYING.
Posted by narbeh on :
I meant it would have been nice to get in on that .1-.2 and be riding free shares already haha dont take it the wrong way, everybody knows you're the Yoda of allstocks
Posted by CAPTNEMOS on :
YES IT WOULD BE NICE.BUT THE STOCK ISNT DONE YET.THEY JUST RECENTLY HAD A VOTE FOR A REVERSE STOCK SPLIT.NOT A MERGER BUT A SPLIT 10 TO 1 I BELEIVE.TO REDUCE THE NUMBER OF OUTSTANDING SHARES.THA MEANS LESS STOCK YOU OWN BUT PRICE WILL INCREASE AS TO A RATIO.BUT AFTER THE SPLIT I THINK IF U BOUGHT IN NOW.IT SHOULD GIVE YOU A NICE RETURN ON INVESTMENT.17% OF THE COMMON STOCK IS HELD BY SEVERAL OFFICERS.SO THERE NOT GONNA DO SOMETHING STUPID THATS FOR SURE.AFTER SPLIT THEY SHOULD QUALIFY TO BE LISTED ON THE NASDAQ AS THE CEO SAID THATS HIS ATTENTION IN THE3 END.
Posted by narbeh on :
yeah should be exciting to see what happens. might accumulate some more shares if this dips over next day or two
Posted by CAPTNEMOS on :
FILLED AT .0485 AVG.685,000 SHARES THANK YOU VERY MUCH.
Posted by narbeh on :
you invested ~$33K into this? that confident huh? haha
Posted by CAPTNEMOS on :
quote:Originally posted by narbeh: yeah should be exciting to see what happens. might accumulate some more shares if this dips over next day or two
THATS WHAT ILL BE LOOKING TO DO ALSO.LETS SEE IF I CAN POUND MY LUCKY KEYBOARD OUT OF CAPS LOCK.0948M6NG0U ahh there we go.sorry folks it sticks alot.and i refuse to change it.its my lucky keyboard .old compaq pos like 10 yrs old.but has made me millions.so i refuse to change it.im real superstitous.any way good luck.got an allstar board of directors now too.the people they voted in are all winners.i think the cto-cheif tech officer is the guy who invented the universal remote i think,i read some where.holding this for awhile. Posted by CAPTNEMOS on :
quote:Originally posted by narbeh: you invested ~$33K into this? that confident huh? haha
i dont post what i dont really believe in.what i post is stuff i usually put money in and hold.i dont flip stuff quick that often.i throw some money at it if i like and let it soak as we say in the trade.seems like a bargain at these prices.how many .05c stock you see that post great numbers?most of them are losing millions upon millions with no cash or profits.This ceo is way underpaid and his money is to be made thru the stock as most pinks are the other way.they bleed the companie thru stock release while they make 800k a year for doing ****.so this one so far passes all my qualifiers.so im in.and 33k to me is nothing will be holding probaly alot more if all goes my way.good luck to all. Posted by narbeh on :
thats what I like to hear!
Posted by CAPTNEMOS on :
LEARWATER, FL -- (Marketwire) -- 05/16/11 -- ValCom, Inc. (PINKSHEETS: VLCO) CEO Vince Vellardita added a surprise presentation at the company's shareholders meeting that took place on Wednesday, May 11th.
Mr. Vellardita introduced two representatives from DOS Broadcast and Appraisal Services, Dale Smith and Michael Askew, their CPA/Auditor who conducted a one-hour presentation pertaining to their valuation of ValCom's 6,000 video and audio titles. The gentlemen from DOS discussed the appraisal process and provided information pertaining to specific titles (including 13 master recordings of Elvis Presley with The Platters; masters from Ike & Tina Turner before they were stars; a very rare 3 Stooges film; and films starring top Hollywood talent like Denzel Washington, Anthony Hopkins, Robert Di Niro, Jodi Foster, Russell Crowe and Mel Gibson). Michael Askew, the appraiser's auditor also clarified how the estimated $120 million value was derived.
Through the DOS presentation, shareholders also learned that the original $2 million in library back royalties due to ValCom was a conservative projection and that the number will likely exceed $5 million. Information pertaining to the DOS appraisal of the ValCom library can be found on the following website: www.valcom.allplanet.net.
Additional business at the shareholder meeting included the addition 3 individuals with vast business and entrepreneurial experience to serve on its Board of Directors. Timothy Harrington, Silvana Costa Manning and Michael Vredegoor will be joining Frank O'Donnell, and Vince Vellardita in serving as Directors for ValCom, Inc.
"We had a great meeting with our shareholders, stated Vince Vellardita, President and CEO of ValCom, Inc. "We've put together an incredible team of business leaders. We have Michael Vredegoor, who has handled billions of dollars in assets and provides critical experience in international banking; Silvana Costa Manning, a medical sales and marketing guru and founder of Tri-Delta Diagnostics and BioAccess LLC; and Tim Harrington, an entrepreneur, venture capitalist and founder of Able Energy and the Able Income Fund. They will be joining Frank O'Donnell, a technology genius with 30 years of experience in international markets who played a key role in developing the Universal remote control, a product which has generated over $1 Billion in revenue."
About ValCom, Inc. Based in Clearwater, FL, ValCom, Inc. is a diversified, fully integrated, independent entertainment company that has been in operation since 1983. ValCom, Inc., through its operating divisions and subsidiaries, creates and operates full service facilities that accommodate film, television and commercial productions with its four divisions comprised of television and film production, broadcasting, distribution, and live theatre. ValCom's client list consists of all of the majors such as MGM, Paramount Pictures, Warner Bros, Disney, CBS, Sony, NBC, Phantom of the Opera, HSN, and more. For more information, please visit the company's website at http://www.valcom.tv/.
Note About Forward-Looking Statements With the exception of historical information, this press release may contain forward-looking statements as that are made pursuant to the "safe harbor" provisions as defined within The Private Securities Litigation Reform Act of 1995 (the "PSLRA"). Forward-looking statements may be identified by words including "anticipates," "believes," "intends," "estimates," and similar expressions. In addition, any other statements which contain characterizations of future events or circumstances are forward-looking statements. These statements are based upon management's current expectations as of the date of this press release. Actual results may differ materially from the expectations contained in this press release due to a number of risks and uncertainties relating to our business which are discussed in detail in the Company's periodic filings with the Securities and Exchange Commission. ValCom, Inc. does not undertake any responsibility to publicly update any forward-looking statements to reflect events or circumstances after the date on which any such statement is made or to reflect the occurrence of unanticipated events
Investor Relations: Ingrid Clavijo (727) 953-9778
Source: Marketwire (May 16, 2011 - 9:30 AM EDT)
News by QuoteMedia
Posted by CAPTNEMOS on :
A key statistic in the 2nd quarter 2011 financial data is the company's total assets which grew over 200% from September 2010 to over $24 million. The increase is primarily due to the company's audio and film library and growth within its My Family TV television network (www.myfamilytv.tv).
Posted by narbeh on :
yeah I was reading that article as well before I went over the earnings report. good stuff, another quality find cap
Posted by narbeh on :
WOW! what a run to close the day haha HIGH FIVE CAPT!
Posted by CAPTNEMOS on :
thanks.sorry.no hi five yet.when a bunch of people make money then ill be happy and high five.whats sick is the 53 mil volume today.and this one is still under the radar.wait till all the followers come and start to run this on the other sites.Yes you know who you are.Yahoo message boards and investor hub and what ever site they pump there crap on.just because i only post on Allstocks.com.Doesnt mean i dont see the crap that goes on other sites.including the stock pick sites.i know a good bunch of those guys that run them sites and its all pump and dump.Those are the dudes who cant make it on the big stage of wall st baby.they try to get me to run their pics and im like.if i push this crap on my people there will be a serious rebellion of my peeps and my rep.So uh no thanks.i only want the good $hit
Posted by CAPTNEMOS on :
Through the DOS presentation, shareholders also learned that the original $2 million in library back royalties due to ValCom was a conservative projection and that the number will likely exceed $5 million. Information pertaining to the DOS appraisal of the ValCom library can be found on the following website: www.valcom.allplanet.net. Posted by CAPTNEMOS on :
gotta say one of the better pinks ive seen in a while.
Posted by narbeh on :
yeah my phone was blowing up with alerts of exceeding the 10 and 50 day avg volume. towards the close at 3:58pm, I had an alert that read as follows:
"VLCO volume exceeded its 10-day average by 3,075.12% with a volume of 49.87M"
so a few more million was traded in the last 2 minutes haha hopefully the pump-n-dumpers dont ruin this one
Posted by CAPTNEMOS on :
pumpers and dumpers cant change the books or earnings on this one.its solid.They want to pump shells or pinks with no finacial transparency.so theres nothing to be found to use against them.stocks with good earnings sell them selves,and there gonna be going to the big boy exchange out of the pinks.
Posted by CAPTNEMOS on :
Thursday's top stock opportunities, according to investors' votes anyway, are MMR, HOV, and VLCO. These three names were specifically picked out of thousands of possibilities as the most bullish stocks this morning.
Though off by 13% this morning, television production outfit ValCom, Inc. (PINK:VLCO) is higher by more than 200% this week thanks to a buying explosion on Tuesday. Last quarter's numbers were far better than expected, as was the subsequent outlook.
Though VLCO shares are likely to be worthy of their recently-gained price, some traders worry that the sheer size and speed of the runup may encourage at least a slight wave of profit-taking; today's pullback is a hint of that. Once ValCom find a foothold and consolidate, newcomers may find a less stressful holding.
Posted by CAPTNEMOS on :
picked up another 25k worth on dip today.so i am into this one for approx 58k and looking for alot more.this is gonna be huge.
Posted by narbeh on :
same, I added on when it hit the 5cent mark. was that you with the 486,000 share purchase? saw it on the L2 haha
Posted by CAPTNEMOS on :
quote:Originally posted by narbeh: same, I added on when it hit the 5cent mark. was that you with the 486,000 share purchase? saw it on the L2 haha
yep that would be me. Posted by CAPTNEMOS on :
i bet there will be alot of afternoon buying.gonna be coming with news real soon.on buyback of shares and more on inventory and new clients
Posted by narbeh on :
Posted by narbeh on :
hmm... wonder what's dragging this down. hasn't seen the green side all day and a big lean into the red. Posted by CAPTNEMOS on :
profit takers and MMs trying to accumalate more.no sweating it from me.im in it to win it.so i will hold till next 10q prob.
Posted by narbeh on :
news is out. guess no reverse split until next year, but might be paying out dividends? what do you make of this CAPT?
Press Release Source: ValCom, Inc. On Friday May 27, 2011, 9:30 am
CLEARWATER, Fla., May 27, 2011 /PRNewswire/ -- ValCom, Inc. (VLCO.PK) today issued a statement pertaining to decisions recently made by the company's board of directors and CEO that relate to the company's stock and shareholders.
In the 1st quarter of 2011, an appraisal was conducted by DOS Broadcast and Appraisal Services to determine an accurate value of content owned by the company. The appraisal has revealed that royalties of up to $5 Million are due to ValCom. The company announced that it is considering providing a portion of these revenues as a dividend to ValCom shareholders once the company's debt is retired.
"We have shareholders who have gone through ValCom's hard times and are dedicated to the company," stated Vince Vellardita, President and CEO of ValCom, "We're considering taking some of these funds to provide shareholders with a long awaited reward."
In addition, the company provided information pertaining to a reverse stock split option that shareholders authorized the Board of Directors to implement at their discretion. The Board has decided that a reverse stock split at this time would not be in the best interest of shareholders. The Board will again review the matter of a reverse split in 8 months and take the appropriate action based on market conditions and share price at that time.
About ValCom, Inc.
Based in Clearwater, FL, ValCom, Inc. is a diversified, fully integrated, independent entertainment company that has been in operation since 1983. ValCom, Inc., through its operating divisions and subsidiaries, creates and operates full service facilities that accommodate film, television and commercial productions with its four divisions comprised of television and film production, broadcasting (My Family TV Network), distribution, and live theatre. ValCom's client list consists of all of the majors such as MGM, Paramount Pictures, Warner Bros, Disney, CBS, Sony, NBC, Phantom of the Opera, HSN, and more. For more information, please visit the company's website at www.valcom.tv.
Note About Forward-Looking Statements
With the exception of historical information, this press release may contain forward-looking statements as that are made pursuant to the "safe harbor" provisions as defined within The Private Securities Litigation Reform Act of 1995 (the "PSLRA"). Forward-looking statements may be identified by words including "anticipates," "believes," "intends," "estimates," and similar expressions. In addition, any other statements which contain characterizations of future events or circumstances are forward-looking statements. These statements are based upon management's current expectations as of the date of this press release. Actual results may differ materially from the expectations contained in this press release due to a number of risks and uncertainties relating to our business which are discussed in detail in the Company's periodic filings with the Securities and Exchange Commission. ValCom, Inc. does not undertake any responsibility to publicly update any forward-looking statements to reflect events or circumstances after the date on which any such statement is made or to reflect the occurrence of unanticipated events.
Investor Relations Ingrid Clavijo (727) 953-9778
Posted by CAPTNEMOS on :
i think its good.a divi?hell yea.no reverse split?hell yea(the word reverse alone attracts alot of negativity towards a stock)nothing but positve.!!i love the sound of library treasure.
Posted by narbeh on :
loaded up some more at 0.047. now we'll just sit and wait for the volcano
Posted by CAPTNEMOS on :
MMS ARE MANIPULATING THE PRICE DOWN.ALOT OF SMALL BS TRADES.TRYING TO ACCUMALATE MORE.THEY KNOW WHAts up.and alot of profit takers.thanks for your shares.i got another 400,000 shares today so far.load up baby.
Posted by narbeh on :
do you have a target sell price in mind? I'm thinking it's way too early to predict...
Posted by CAPTNEMOS on :
on this one no.but i would guess without anymore info,hmmm min 12c.this one is going to be a gut call i think.have to see how it plays out.
Posted by Leyth G on :
Hey guys, I'm new around here, trying to learn the trade. I gotta start somewhere so I went in on VLCO with you guys at .052.
Posted by narbeh on :
financials released
Period Ending Dec 31, 2010 Sep 30, 2010 Jun 30, 2010 Sep 30, 2009 Total Revenue 689 1,176 369 1,163 Cost of Revenue - (776) 776 (0) Gross Profit 689 1,953 (407) 1,163 Operating Expenses Research Development - - - - Selling General and Administrative 496 976 130 800 Non Recurring - 1 - (780) Others 31 - 49 -
Total Operating Expenses - - - - Operating Income or Loss (167) 976 (586) 243 Income from Continuing Operations Total Other Income/Expenses Net - (95) 79 (239) Earnings Before Interest And Taxes (167) 881 (507) 4 Interest Expense - (471) 453 (51) Income Before Tax (167) 1,352 (960) 54 Income Tax Expense - - - - Minority Interest - - - -
Net Income From Continuing Ops (167) 1,352 (960) 54 Non-recurring Events Discontinued Operations - 19 (19) - Extraordinary Items - - - - Effect Of Accounting Changes - - - - Other Items - - - - Net Income (167) 1,371 (979) 54 Preferred Stock And Other Adjustments - - - - Net Income Applicable To Common Shares (167) 1,371 (979) 54
Currency in USD.
Posted by CAPTNEMOS on :
quote:Originally posted by Leyth G: Hey guys, I'm new around here, trying to learn the trade. I gotta start somewhere so I went in on VLCO with you guys at .052.
ok welcome to Allstocks, come on in the water is just fine in here.you should start on investopedia and learn the fundamentals of a stock.eps,p/e ratio,peg ratio,book value,equity,etc etc.should never buy just because other people buy.learn to read 10q/10k financials that companies release.if u dont u will be doomed following the crowds.you need to know why i say buy.dont ever buy a pink if they dont have financial transparency.its a scam or a shell.good luck and once again its all about the E BABY(EARNINGS) Posted by Leyth G on :
Ok cool, I know a few of the basics, but there are still many things I need to learn. I will look up investopedia to try and fill in the blanks. I will run things by you guys if I find anything in my research.
Thanks for the welcome.
Posted by CAPTNEMOS on :
quote:Originally posted by Leyth G: Ok cool, I know a few of the basics, but there are still many things I need to learn. I will look up investopedia to try and fill in the blanks. I will run things by you guys if I find anything in my research.
Thanks for the welcome.
AS FOR AS YOU GUYS I RUN SOLO.THIS OTHER DUDE JUST FOLLOWS MY PICS AROUND AND ME. Posted by dogwithem on :
Like the Capt. says. Learn first, then trying jumping in. I learned the hard way, now all I do is practice picks and a lot of reading. Since I'm a greenhorn I'm only trying a little at a time til I learn a hell of a lot more. It's easy to jump in with a big smile, but it hurts like hell when you hit the bottom of the pool with no water to make you float Posted by CAPTNEMOS on :
it takes approx 100.000 hrs to master about anything.Wether it be stock trading or whatever it is.so to come in and jump a stock right away is bad.luckily most of my picks are solid,But if u followed some of the other so called pics u might be done before u even started.So basically what im saying put in the time.(40hrs a week for approx 5yrs) and learn what you need to know so you can be your own dog.i have always preached that to my endless number of students i tutor.dont follow the crowds.find a gem on you own thru detailed analysis of the stock and believe in it no matter what.So the best place as i tell everyone is go to investopedia and spend your time learning the craft.you will have a foundation to be sucessfull in this nasty world of stocks.heres a great article about following crowds.much more then fundamentals.its about money management and emotion management and funtamentals.Hope you enjoy and it helps understand why im my own dog.
Posted by CAPTNEMOS on :
quote:Originally posted by dogwithem: Like the Capt. says. Learn first, then trying jumping in. I learned the hard way, now all I do is practice picks and a lot of reading. Since I'm a greenhorn I'm only trying a little at a time til I learn a hell of a lot more. It's easy to jump in with a big smile, but it hurts like hell when you hit the bottom of the pool with no water to make you float
And you have been my best pupil so far.Have just started with you in what Apr?and you already are better than most of these dudes that do this for a living.Your able to be your own dog.You look at stuff that you would of jumped into that those guys run on yahoo message boards and are able to see and say what a pos.I think your gonna be sucessful doing this.heres the article i started to tell you about earlier.Enjoy How The Power Of The Masses Drives The Market by Jason Van Bergen (Contact Author | Biography) Email Article Print FeedbackReprints Share
Filed Under: Active Trading, Stock Analysis, Stocks, Technical Analysis The incessant intraday struggle stock market between the bulls and the bears is what drives market rallies and precipitates market declines. Regardless of the style of analysis or system employed by traders, one primary aim of their trading endeavors is to understand the degree of control held by the bulls or bears at any given time, and to predict who should hold power in the near to distant future. Unfortunately, traders' natural desire to follow the crowds often gets in the way of seeing this clearly. Here we'll take a look at how psychology and behavioral finance propel bull and bear markets.
Tutorial: An Introduction To Behavioral Finance
The Force of Emotion One way to see the market is as a disorganized crowd of individuals whose sole common purpose is to ascertain the future mood of the market (the balance of power between bulls and bears) and thereby profit from a correct trading decision today. However, it's important to realize that the crowd is comprised of a variety of individuals, each one prone to competing and conflicting emotions. Optimism and pessimism, hope and fear - all these emotions can exist in one investor at different times or in multiple investors or groups at the same time. In any trading decision, the primary goal is to make sense of this crush of emotion, thereby evaluating the psychology of the market crowd. (To read more on behavioral finance, see Understanding Investor Behavior.)
Charles Mackay's famous book, "Extraordinary Popular Delusions and the Madness of Crowds", is perhaps the most often cited in discussions of market phenomena, from the tulipmania in 17th-century Holland to most every bubble since. The story is a familiar one: an enduring bull market in some commodity, currency or equity leads the general public to believe the trend cannot end. Such optimistic thinking leads the public to overextend itself in acquiring the object of the mania, while lenders fall over each other to feed the fire. Eventually, fear arises in investors as they start to think that the market is not as strong as they initially assumed. Inevitably, the market collapses on itself as that fear turns to panic selling, creating a vicious spiral that brings the market to a point lower than it was before the mania started, and from which it will likely take years to recover.
The Nature of Crowds The key to such widespread phenomena lies in the nature of the crowd: the way in which a collection of usually calm, rational individuals can be overwhelmed by such emotion when it appears their peers are behaving in a certain universal manner. Those who study human behavior have repeatedly found that the fear of missing an opportunity for profits is a more enduring motivator than the fear of losing one's life savings. At its fundamental level, this fear of being left out or failing when your friends, relatives and neighbors seem to be making a killing, drives the overwhelming power of the crowd.
Another motivating force behind crowd behavior is our tendency to look for leadership in the form of the balance of the crowd's opinion (as we think that the majority must be right) or in the form of a few key individuals who seem to be driving the crowd's behavior by virtue of their uncanny ability to predict the future. In times of uncertainty (and what is more uncertain than the multitude of choices facing us in the trading universe?), we look to strong leaders to guide our behavior and provide examples to follow. The seemingly omniscient market guru is but one example of the type of individual who purports to stand as all-knowing leader of the crowd, but whose façade is the first to crumble when the tides of mania eventually turn.
Choices, Choices, Choices … Due to the overwhelming power of the crowd and the tendency for trends to continue for lengthy periods of time on the basis of this strength, the rational individual trader is faced with a conundrum: does he or she follow the strength of the rampaging hordes or strike out defiantly with the assumption that his or her individually well-analyzed decisions will prevail over the surrounding madness? The solution to this problem is actually quite simple: follow the crowd when its opinion jives with your analysis and cut your losses and get out of the market when the crowd turns against you! Both following the crowd and getting out present their own unique challenges.
The Risks of Following the Crowd The key to enduring success in trading is to develop an individual, independent system that exhibits the positive qualities of studious, non-emotional, rational analysis and highly disciplined implementation. The choice will depend on the individual trader's unique predilection for charting and technical analysis. If market reality jives with the tenets of the trader's system, a successful and profitable career is born (at least for the moment).
So the ideal situation for any trader is that beautiful alignment that occurs when the market crowd and one's chosen system of analysis conspire to create profitability. This is when the public seems to confirm your system of analysis and is likely the very situation where your highest profits will be earned in the short term. Yet this is also the most potentially devastating situation in the medium to long term, because the individual trader can be lulled into a false sense of security as his or her analysis is confirmed. The trader is then subtly and irrevocably sucked into joining the crowd, straying from his or her individual system and giving increasing credence to the decisions of others.
Inevitably, there will be a time when the crowd's behavior will diverge from the direction suggested by the trader's analytical system, and this is the precise time at which the trader must put on the brakes and exit his position. This is also the most difficult time to exit a winning position, as it is very easy to second guess the signal that one is receiving, and to hold out for just a little more profitability. As is always the case, straying from one's system may be fruitful for a time, but in the long term, it is always the individual, disciplined, analytical approach that will win out over blind adherence to those around you. (Learn more in Master Your Trading Mindtraps and Removing The Barriers To Successful Investing.)
The Challenges of Going Against the Crowd and Getting Out A trader's best decisions will be made when he or she has a written plan that spells out under exactly what conditions a trade will be entered and exited. These conditions may very well be driven by the crowd, or they may occur regardless of the direction in which the crowd is moving. And there will be times when the trader's system issues a signal that is exactly opposite to the direction in which the crowd is moving. It is the latter situation of which a trader must be extremely wary.
In a sense, the crowd is never wrong over the short term. When the crowd is moving in a direction that is contrary to what a trader's system maintains, the trader's best decision is to get out! In other words, the trader should take his or her profits or realize losses and wait on the sidelines until such time as a positive signal is once again issued by the system. It is better to relinquish a certain amount of potential profit than to lose any amount of one's hard-earned principal. (Learn more in The Art Of Cutting Your Losses.)
The Bottom Line Remember, the feeling that you are missing out on a surefire opportunity for profit is the most psychologically trying and dangerous situation that you are likely to face in your trading career. Indeed, the feeling of missed opportunities is more taxing than realizing losses - an inevitable eventuality if you stray from your chosen path. This is perhaps the ultimate paradox of trading, that our innate human instinct and desire to fit in with the crowd is also the situation that has led many an individual trader to financial ruin. Never fight the power of the crowd, but always be aware of how your individual decisions relate to the power of those around you. (Learn more in Leading Indicators Of Behavioral Finance.)
Posted by dogwithem on :
Thanks Capt. Wish there were more people like you. Damn good article to read too. (like I don't have enought to raed already) Posted by narbeh on :
on the way uppppp
Posted by narbeh on :
no news and its on a run - you thinking a pullback is coming capt? i think its too early to take a profit.
Posted by CAPTNEMOS on :
quote:Originally posted by dogwithem: Thanks Capt. Wish there were more people like you. Damn good article to read too. (like I don't have enought to raed already)
No prob just keep up the good work Dog. Posted by CAPTNEMOS on :
quote:Originally posted by narbeh: no news and its on a run - you thinking a pullback is coming capt? i think its too early to take a profit.
yes i do think a pullback is coming.i say that just by the way most of my stocks react.people buy in behind the scenes,usually it goes up and then youll have some selling,then a price drop cause of profit takers.thats when i look to accumulate more.i know i dont usually flip my stock right away.i hold cause i have targets i stick to.for a stock with earnings of 33c per share andf the price is .05-.07c u think im selling? Posted by CAPTNEMOS on :
for people who want to sell put in your order at ask price or just a little below it.never at the bid.your giving MMs your shares.it will cause them to drop price.if you didnt know that already.by doing this you could be giving someone else your shares,but not to the MMs(market makers)
Posted by dogwithem on :
Another good lesson from my teacher Posted by Guess on :
hey capt. why haven't people caught on to the eps and how it is 6 times higher than the price. Do people just think its a fluke?
Posted by CAPTNEMOS on :
quote:Originally posted by Guess: hey capt. why haven't people caught on to the eps and how it is 6 times higher than the price. Do people just think its a fluke?
its up 300% from not long ago?why do companies that lose more money and have more shares out there and it trades for dollars.who really knows.well the MMS sort of do.,
Posted by narbeh on :
picked up some more at 0.045... these dips are starting to get tiring haha
Posted by CAPTNEMOS on :
holding till next 10q
Posted by CAPTNEMOS on :
quote:Originally posted by narbeh: picked up some more at 0.045... these dips are starting to get tiring haha
tiring? im lovin it boyz.!!! back up 30%.dang it i wanted more.!!!!we shook out the week ones. Posted by narbeh on :
haha i meant tiring putting in more orders to eat up shares good stuff, lets hope it holds into the weekend
Posted by CAPTNEMOS on :
even if it doesnt hold still havent hit my target hold and price and i know it will because of the YOY GRowth of this company.you can have a set price you want to accumulate and it will fill automatically.mines set at .047c.called a conditional order or a buy limit order for those who are unsure of the terms.
Posted by CAPTNEMOS on :
sweet more shares for me.keep selling folks.
Posted by narbeh on :
still accumulating huh? thats what i like to hear Posted by CAPTNEMOS on :
yep all day long on every drop.
Posted by narbeh on :
wow, a lot of impatient sellers jumping ship it looks like
Posted by narbeh on :
Elvis and Ike Live Again in ValCom's Library
Press Release Source: ValCom, Inc. On Thursday June 9, 2011, 9:30 am
CLEARWATER, Fla., June 9, 2011 /PRNewswire/ -- ValCom, Inc. (VLCO.PK) announced today that it has started the process of re-mastering its audio library in preparation for a major international release of 4 music albums and a feature film.
In the process of re-mastering the audio library, company representatives have had their first opportunity to listen to rare and unreleased performances of Elvis Presley, The Platters, Ike and Tina Turner, and many others from the early 1960s.
On one master tape, Elvis is featured in a studio session along with the legendary vocal group The Platters. The session was produced by Buck Ram and engineered by Elvis's long-time, personal engineer Bones Howe. It was a joint effort between The Platters, Buck Ram, and Elvis to produce an anniversary album that included renditions of The Great Pretender, Love Me Tender, Only You, Mack the Knife, Don't Be Cruel and The Twist.
The first play-out of the master tapes took place in an undisclosed Atlanta recording studio with ValCom CEO, Vince Vellardita and a team of recording and television industry executives in attendance.
"The quality of the master tapes is pristine! It was an incredible experience to hear performances from these pioneers of rock & roll. This is the first step of many in monetizing our library and bringing revenue and earnings creating shareholder value," stated Vince Vellardita, President and CEO of ValCom.
Also in attendance in Atlanta was Joel Wertman, a music industry veteran who is responsible for generating millions of dollars in music sales and is credited with breaking multiple music artists including No Doubt, The Goo Goo Dolls, and Bush. Wertman has been tapped to work with ValCom in producing a minimum of 4 albums that will be distributed in an output deal with Universal.
ValCom and Wertman will also be collaborating to produce a feature film that tells the true story of The Platters. The 4 albums and feature film are the first of many products that will be developed by ValCom utilizing the vast resources available in its content library.
About ValCom, Inc.
Based in Clearwater, FL, ValCom, Inc. is a diversified, fully integrated, independent entertainment company that has been in operation since 1983. ValCom, Inc., through its operating divisions and subsidiaries, creates and operates full service facilities that accommodate film, television and commercial productions with its four divisions comprised of television and film production, broadcasting (My Family TV Network), distribution, and live theatre. ValCom's client list consists of all of the majors such as MGM, Paramount Pictures, Warner Bros, Disney, CBS, Sony, NBC, Phantom of the Opera, HSN, and more. For more information, please visit the company's website at www.valcom.tv
Note About Forward-Looking Statements
With the exception of historical information, this press release may contain forward-looking statements as that are made pursuant to the "safe harbor" provisions as defined within The Private Securities Litigation Reform Act of 1995 (the "PSLRA"). Forward-looking statements may be identified by words including "anticipates," "believes," "intends," "estimates," and similar expressions. In addition, any other statements which contain characterizations of future events or circumstances are forward-looking statements. These statements are based upon management's current expectations as of the date of this press release. Actual results may differ materially from the expectations contained in this press release due to a number of risks and uncertainties relating to our business which are discussed in detail in the Company's periodic filings with the Securities and Exchange Commission. ValCom, Inc. does not undertake any responsibility to publicly update any forward-looking statements to reflect events or circumstances after the date on which any such statement is made or to reflect the occurrence of unanticipated events.
Investor Relations: Ingrid Clavijo 727/953-9778
Posted by Leyth G on :
looking good today, some news came out today as well. Not sure what it means though, sounds like another company is backing them up right?
Posted by narbeh on :
ValCom Building Stockpile of Cash to Fuel Company Growth
CLEARWATER, Fla., June 14, 2011 /PRNewswire/ -- ValCom, Inc. (VLCO.PK) announced today that subject to the Board of Directors' approval, it will enter into a financing agreement with TRI-PARTNERS, LLC, a New Jersey based company, which has committed to loaning ValCom $600,000.
In recent weeks, ValCom has announced that it will dramatically increase the amount of operating capital available to the company through lines of credit and royalties that are due to the company.
The TRI-PARTNERS, LLC funds will be used to:
Assist in financing the process to transfer ValCom's Library to digital media which is already underway, but will now be expedited. Assist in funding the collection process of royalties due ValCom from ASCAP and BMI, which will now be greatly enhanced with dedicated funding for this specific expense.
Vince Vellardita, CEO of ValCom, stated, "We welcome the vote of confidence shown by the members of TRI-PARTNERS, LLC. This loan agreement will give ValCom a total of $3.6 million in new financing arrangements. Coupled with the potential collection of unpaid royalties due from ASCAP and BMI of up to an estimated $5 million the company will have sufficient capital available to satisfy both short and long-term goals. With ValCom already showing profits, contracts tied into the use of the ValCom library, and the continued implementation of the business plan, the company is in the right position to succeed and is poised to create further shareholder value. Next on our agenda is a share buy-back program which we now plan to implement, plus we're considering providing a dividend to ValCom shareholders once the company's debt is retired."
A spokesperson for TRI-PARTNERS, Tim Harrington, stated, "My partners, Silvana and Greg Manning, and I are committed to seeing ValCom succeed in its goal to monetize its important library of motion pictures, TV series, and music. To do this without delay the company needs to promptly digitize this Library, which requires significant capital. The library's appraiser has stated that up to $5 million in royalties may be available from ASCAP and BMI. The financing from TRI-PARTNERS will also be used to facilitate collection of these monies due ValCom."
Posted by CAPTNEMOS on :
quote:Originally posted by Guess: hey capt. why haven't people caught on to the eps and how it is 6 times higher than the price. Do people just think its a fluke?
DID MORE REASEARCHING AND REASON WHY IS ITS NOT REALING EARNINGS ITS JUST VALUATION OF EARNINGS.THAT LIBRARY VALUATION SHOULD OF BEEN KINDA PUT IN THE ASSESTS/LIABILITIES COLUM NOT EARNINGS PER SHARE.STILL WILL HOLD TILL NEXT 10Q.THINK IT WILL BE A MORE REALISTIC EST. Posted by Leyth G on :
hey what online broker do you guys use? I am using sharebuilder and I think they charge me .007 per share for penny stocks on top of the 9.95 per trade. I just wanted to make sure I am using the best broker for penny stock trading. Thanks
Posted by narbeh on :
i use sharebuilder as well and i dont think its the best option for penny stocks for that very reason. but I like it overall so figured it wasnt worth switching over to somewhere else when the bulk of my funds are not in penny stocks (sub-$1)
Posted by Leyth G on :
Oh I see. All my funds are focused on penny stocks at the moment since I am only a college student trying to learn all this. Do you have any recommendations? I was thinking tradeking or E-trade, but I can't find anything on their websites if they charge extra on penny stocks.
Posted by narbeh on :
i used to be on etrade a few years ago. they didnt have that surcharge but it may have changed... you should try posting on the general investing page or start a new thread in one of the penny stock sections and ask
Posted by Leyth G on :
ok will do thanks for the info
Posted by CAPTNEMOS on :
choicetrade is good
Posted by narbeh on :
finally some more good news... buying back shares to make up for the undervalued current share price. lets hope this is just the beginning
0.055, +44.74% on the day so far... ill be happy if it holds over 0.05 for now haha
Posted by narbeh on :
building a slow and strong base in the upper 0.04range. primed and ready for the next PRs. anybody wanna share their projections? CAPT, any update on your projection after the 10Q your waiting on?
Posted by narbeh on :
solid 26% run to 0.062 so far... keep it up VLCO
Posted by narbeh on :
still climbing off yesterdays news about tina turner on itunes... holding solid but how does everyone feel on this now? as much as i'd love to stay diversified, i want to start setting a goal for the next big news, sell this off for a nice profit, and hibernate these funds in gold for the fall haha
Posted by Guess on :
I got out at .096 once i saw the market ending lower. Maybe i'll try to get back in after these crazy days.
Posted by narbeh on :
haha it's nice to take profits but this company is about to release financials on Monday. today won't be as crazy as yesterday probably but definitely not the time to get out yet. I'm holding long. i've seen target prices as low as $0.20 and as high as the $1 range. this is chump change. GLTY though
Posted by Guess on :
ya ill probably be back in by the end of today. I didn't realize the financials were so soon. Thanks
Posted by Leyth G on :
I got out at .12, first time i made money off of trading yay! So, I'm not really sure what it means when financials are released soon. I am guessing it could go either way? This company seems to of had good financials in the past, that's why we all got in on it right?
Posted by dogwithem on :
Sold 1/3 of my shares to cover my investment. Letting the rest ride for now. Hoping to see it keep climbing some with good financial news !!
Posted by narbeh on :
i was in way down at the 4-5 cent range... didnt see a point in selling anything to cover investment. its running off hype right now, and the news will take it even higher. sick day!
Posted by CAPTNEMOS on :
wow!!!
Posted by CAPTNEMOS on :
quote:Originally posted by dogwithem: Sold 1/3 of my shares to cover my investment. Letting the rest ride for now. Hoping to see it keep climbing some with good financial news !!
adda boy dog
Posted by Leyth G on :
quote:Originally posted by narbeh: i was in way down at the 4-5 cent range... didnt see a point in selling anything to cover investment. its running off hype right now, and the news will take it even higher. sick day!
same here, I wish I didn't sell on friday though. It did very nicely today, and I'm willing to bet it'll continue the trend tomorrow.
Posted by narbeh on :
nows your time to buy back in
Posted by Leyth G on :
haha shows how much I know, it did not keep going up. You don't think it will hit around .05 again?
Posted by narbeh on :
wow, wasn't expecting another gap down today but it is what it is. i'm holding long, atleast past the next 10Q in november but I have no clue if it will go as low as 0.05c. i thought it wouldnt drop below 0.10 all this week... was wrong about that. then yesterday I thought we'd level out and stay strong around 0.08.... wrong about that haha just follow your instincts and buy when you think you're close to the bottom
Posted by WavesnRuns on :
I thought I got a good deal when I bought yesterday. I was surprised to see it drop so much again, but seeing your comment lets me know I was on the right track. Do you think today's drop was probably just the result of a bunch of panic selling after such a steep drop?
Posted by narbeh on :
yeah, just people shorting the stock taking profits or panic selling. it went up on the hype and people sold on the news. it's actually better this way to consolidate and build a strong support. steady increase is much better than a sudden jump. I was tempted to sell at 0.13-0.14 but was unsure if it would pull back to buy back in. decided to hold. could be in a much better situation having sold and then bought back in at any point yesterday or today, even if it was at the 0.10 mark, but it is what it is. just stay the course, they release PR pretty often and we get some blips of upticks. I also watch the chatter on iHub and theres a big mix of bashers and supporters, mostly the latter, and some are claiming 0.20, some as high as the dollars over long term. nobody knows for sure otherwise we'd be rich but theres a lot of info to dig through and learn for yourself. as they say, do your own DD. good luck to us all!
Posted by narbeh on :
CAPT, did you sell partial/all off at your target? or still holding
Posted by narbeh on :
took a beating today! anybody hold through the spike and the downtrend? some sneaky crap going on with the board of directors...
Posted by BUFCARP on :
Looks like vlco might be getting ready to run some news out seems like it has good potential to show more earnings this next quarter.
Posted by narbeh on :
hoping so. but i'm leaning on a nice steady climb this time around. that pullback from 0.14 got a lot of people scared. it should steadily build up until november when the hype comes around once again about the 10-Q.
Posted by BUFCARP on :
Yea it looks like that up trend could be started for next qaurter slowly going up.A little news we could get a descent run they should show earnings once again.
Posted by BUFCARP on :
Looks like vlco might be starting to run on expectations of earnings for next quarter.
Posted by Bashar122 on :
When is the financial reports supposed to be released?
Posted by BUFCARP on :
I believe around december 10 should be ten k, should get some news on the micheal jackson results maybe before then.
Posted by BUFCARP on :
Vlco nice dip to buy 10-k should be out soon!
Posted by BUFCARP on :
Vlco on the move 10-k out shortly this could really pop!
Posted by Bashar122 on :
Yea buddy, what are the expectations?
Posted by BUFCARP on :
from what im hearing .16 pps
Posted by Bashar122 on :
Did the earning report come out yet? Was the Michael Jackson DVD ever released because I've been hearing that was all PR bull****
Posted by CAPTNEMOS on :
quote:Originally posted by narbeh: CAPT, did you sell partial/all off at your target? or still holding
im still holding some free shares.but i sold most at my target 12c.made a nice piece of coin..
Posted by CAPTNEMOS on :
quote:Originally posted by CAPTNEMOS: on this one no.but i would guess without anymore info,hmmm min 12c.this one is going to be a gut call i think.have to see how it plays out.
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good stuff, lets hope it holds into the weekend