posted
At 0.021 this is a steal. Give it a week and it will double IMO. I'm gonna pick up some more and take it to the bank!
Posts: 210 | From: Seattle, Washington | Registered: Apr 2005
| IP: Logged |
posted
Not yet. I am looking at .02 but will go higher if the pressure builds a little more. MACD and RSI seems to say it will drop a little more before the next run. But then to this one doesn't take much to move it fast.
-------------------- Invest with your brain not with your heart. Posts: 4405 | From: Bristol, Tn, USA | Registered: Aug 2004
| IP: Logged |
posted
Do your DD on this one the UPSIDE IS HUGE. First quarter revenue is up 700% and insiders own 60% of the outstanding shares. Anybody else seeing the potential on this one like I am?
Posts: 210 | From: Seattle, Washington | Registered: Apr 2005
| IP: Logged |
posted
Ric, I agree with you. I put in for an order for 100k shares @ .02. I think it will go just a little lower. It shouldn't be a problem to double either.
Posts: 255 | From: Charlottesville, VA | Registered: Feb 2005
| IP: Logged |
posted
ok guys, been watching this one for along time!!
it finaly looks ready to me now, everytime it hits .02 it bounces, sometimes it bounces really hard and once it may break out, this thing was trading at 1.50 about 1.5 years ago alot of upside
I just got in!
glta
-------------------- The sun even shines on a dogs ass someday, have patience my friend ur day will come! Posts: 727 | Registered: May 2005
| IP: Logged |
posted
How about upside is "stocky"....maybe upside is "big boned" rather than huge??? lol
Posts: 210 | From: Seattle, Washington | Registered: Apr 2005
| IP: Logged |
posted
LOL......there are worse things in life than a bigger upside....like a smaller...nevermind....
Posts: 210 | From: Seattle, Washington | Registered: Apr 2005
| IP: Logged |
-------------------- The sun even shines on a dogs ass someday, have patience my friend ur day will come! Posts: 727 | Registered: May 2005
| IP: Logged |
State the number of shares outstanding of each of the issuer's classes of common equity as of the latest practicable date: 61,344,451 shares of $.001 par value common stock as of May 16, 2005.
-------------------- Invest with your brain not with your heart. Posts: 4405 | From: Bristol, Tn, USA | Registered: Aug 2004
| IP: Logged |
amendment of our Articles of Incorporation to increase the authorized number of shares from 75,000,000 to 500,000,000
Posts: 824 | Registered: Oct 2004
| IP: Logged |
posted
yeah it's not long term. look at price history. it doubles quite often. Correct me if i'm wrong. 40 million oustanding and management owns 50% of it.
Authorized 150 million but its not on the market nor will it be in the near future. So don't worry about that.
Anyways, one MM left at 0.023. Then we should move!!!
posted
I'm passing on this one. They kind of remind me of CNES with ongoing dilution. They've got close to 200 million worth of shares in convertible notes out there right now. The o/s has gone from 40 million at the end of March to 61 million by mid May. That's a pretty fast clip. It might be good for a pop but I think it looks like its current trend will continue. Good luck with it.
Posts: 5729 | From: Wisconsin | Registered: Sep 2003
| IP: Logged |
posted
First of all, they do not have 200 million of convertible notes out there. They have reserved in the bank 169 million reserved shares that are not gonna be issued...and if they do they have to file with sec, which would give you plenty of time to get out.
Sounds to me Upside, this is not the stock for you. You are looking long term, and if you nit pick you can find something wrong with any pennystock.
All i know is that there is 40 million right now. Insiders are buying it like crazy and own 50%. There is no dilution planned at this time and they will file if they plan on diluting.
Also, comparing it to CNES. CNES raped its shareholder by diluting. This is not the case with this one.
posted
u/t bounces nicely of .02 doubles and triples sometimes, check out the chart it loks good
-------------------- The sun even shines on a dogs ass someday, have patience my friend ur day will come! Posts: 727 | Registered: May 2005
| IP: Logged |
posted
ok now it looks ready hit .02 only 500 shares lol and now bids are u/t lets hope for a triple this time instead of a double
-------------------- The sun even shines on a dogs ass someday, have patience my friend ur day will come! Posts: 727 | Registered: May 2005
| IP: Logged |
UBBFriend: Email this page to someone!
Printer-friendly view of this topic
![[Big Grin]](biggrin.gif)
