MM's will let this run if volume comesin POnce.
Posted by The Green Demon on :
ya...it's not going below that 1 mark...I mentioned it the other day in here it is a 3 banger or more
Posted by ark on :
Some nice volume is coming up
Posted by Johnwayne on :
In at .011. There seems little or no risk here. Let's hope Nite gets off the ask here, been on for 1/2 hour now.
Posted by skip on :
In at .011 as well, chart looks great, overdue, volume picking up...
Posted by Johnwayne on :
Anybody know the 10 day average volume here? For some reason I can't get that info for EYII
Posted by ark on :
Looks like NITE is gone
Posted by skip on :
here she goes...
Posted by Prdponce on :
bye bye... ................
Posted by RedScotchy on :
*HOT*
Posted by superman7 on :
ok i had to chase a bitbut i am in! average .01165
goodluck all
prd knows his stuff so count me in, this one looks great
Posted by superman7 on :
i know ********* is coming out wiht a pick at 1 i think this could be it, it is moving fast right now
Posted by Johnwayne on :
Hope not Superman. I want to hold this over the weekend but not if he picks this. Nite is back on ask. He's gonna try to box this in.
Posted by skip on :
EOD run and gap up monday...IMO...not the sster pick thank god!
Posted by skip on :
wow, volume has doubled in the last 30 minutes or so...
Posted by Johnwayne on :
Nite has to move off ask. When he does it runs. That big block is scaring people off.
Posted by Prdponce on :
JMO
big pos here... looking forward to next week......
Posted by superman7 on :
this is one is starting to get real strong....Prd looks like u found another big one
damn bro i really got to take you out one of these days
looks like i will be saying thanks again
goodjob
Posted by skip on :
bid is building, volume is increasing, good stuff!
Posted by skip on :
This looks like a good hold for over the weekend, thoughts?
Posted by Prdponce on :
holding 200k for next week
Posted by Johnwayne on :
Anybody else gonna hold? God I hate holding stocks over the weekend. But I think I will here.
Posted by superman7 on :
i am going to hold on for sure
Posted by MEMY SELFANDI on :
I'm holding ,I just got in at .0115 MEMY
Posted by skip on :
anyone just see the 1mil share buy at .0116?!?
Posted by RedScotchy on :
hey skip, i saw this one too...!!!
Posted by skip on :
yeah, that was a HUGE buy...
chart looks good for monday/next week...
have a great weekend!
Posted by EverGreen on :
good news but the problem is that they have a financing with Cornell
Posted by greenman on :
I had an order fill at .0105 this morning. I have been watching the chart all week. I am holding. This ones moves easy when it reaches this low. Usually bounce into the uppers .02's. But will shall see. GLTA.
Posted by john wayne on :
I think this is good for a gainer. Close was pretty weak though.
Posted by kt325ci on :
quote:Originally posted by EverGreen: good news but the problem is that they have a financing with Cornell
That's the same problem with IESV. They had good news recently but Cornell is evil.
Posted by skip on :
still loving this for next week, chart looks great, easy bounce to .02 from what I can see...
Posted by skip on :
up 13%, bid building...looks good so far, needs some volume to push forward
Posted by miami trader on :
needs more vol
Posted by miami trader on :
this thing needs to hit the 2s
Posted by miami trader on :
needs some attention
Posted by miami trader on :
imo i believe its building up
Posted by miami trader on :
up 9%
Posted by miami trader on :
we need some buys coming in
Posted by skip on :
lots of buys at .0115, volume starting to pick up
Posted by miami trader on :
not moving yet
Posted by miami trader on :
damn man what the heck is with this man
Posted by miami trader on :
too much patience
Posted by miami trader on :
too much patience too much patience too much patience too much patience too much patience too much patience too much patience too much patience too much patience too much patience too much patience too much patience too much patience too much patience too much patience too much patience too much patience too much patience too much patience too much patience too much patience too much patience too much patience too much patience
too much patience too much patience too much patience too much patience too much patience too much patience too much patience too much patience
Posted by skip on :
finished up almost 5%, resisted falling below the previous close, still looks good this week...
Posted by miami trader on :
yeah
Posted by RedScotchy on :
ouch...
what's with that one?!!
Posted by will on :
I'll buy at .0081. if / when it goes there agian. This will pop soon, unless they publish bad news, that is if you don't consider an SB2 for 700M+ open bad news.
State the number of shares outstanding of each of the issuer's classes of common stock, as of the latest practicable date: 260,273,921 shares of common stock issued and outstanding as of May 15, 2006.
Amount registered in the 6/22/06 SB2 : 739,976,079
Looks like that will bring it to a Billion O/S, with a DEF14A, asking that the A/S be increased to 3 Billion.
Big risk with the dilution looming, have to be quick. If it falls through the .0081 support, it could go tot he .003's.
OK, I just talked myself out of buying at .0081, but it is a watch. LOL Watch for the .0081 support to give way to lower prices. It might get a technical bounce from being oversold, but nothing dranmatic without GREAT news to help it.
Posted by will on :
Fell through the support at .0081. Have to see where it bottoms now.
Posted by greenman on :
Will, I have played EYII a few times before. Its almost always a small flip. I thought for sure buying in the .01's would be a good buy. Guess I was wrong. I have no idea how you knew this would break support at .0081. I bought this last week at .0105 and held. I was away from the office today and wasn't here to see this drop. So, I still have it. I'll see what it does in the morning before I leave out, looks I might need to take my losses on this one. GLTA.
Posted by will on :
green, I didn't KNOW, it was an educated guess based on the information regarding the filings, O/S and A/S. According to what I look at, just based on the numbers this should have bounced because of the dramtic oversold condition. I almost had myself convinced of that until I saw the SB2 and the PRE14A changing the share structure and setting it up for dilution. Now it is a question of finding the bottom, which I am not very good at. It will bounce once it settles, but unfortunately I don't see it setting up for a major run because of the SB2 being open. Any attempt to run it hard will see the MM that is handling the SB2 sitting on the Ask selling his butt off increasing supply and killling the run. They're diluting for a reason, hope it is for an aquistion that is framed properly in a promising PR, then it might have a bigger move than a bounce, but if it is to pay off some long term debt with Cornell, or a IR firm, forget anything dramatic for now. I really liked it looking at the numbers alone, but dilution is our enemy. True, I have seen stock double and triple with open dilutive filings, but that usually only last until the MM's have cleared their inventory, then the drop. It has to be remembered that we are not playing on a level playing field. The MM's have complete control and power over th Bid Ask process, that is kin to having a rabbit guard your lettuce. Couple that inequitiy with a CEO that dilutes and polutes, and you step to the plate 0 and 2, you have one swing to get on base, then you have to make sure you don't get picked off while your daydreaming.
Posted by T e x on :
"make sure you don't get picked off while your daydreaming"
lol...
good point
Posted by will on :
This is just my dumbass opinion, (imdao), EYII might very well behave like FNIX has this past week. Not the same bottom and PPS, but perhaps the same pattern. FNIX has a open S1 for 800M shares filed, 6/26/06.
On 7/25/06 FNIX had higher than usually volume with a price decline, hitting .005 for a bottom. Go here: http://quote.barchart.com/quote.asp?sym=fnix&code=BSTK , and you will see the activity since that take down. The signal for this decline and bounce was on 7/18/06, with higher than usual volume with a price decline. The intraday take down to .005 or .0051 was confirmation. You have to see a quick, usually drastic intraday take down with a quick recovery to constitue confirmation, and the reliability of that isn't 100%, they can do it deeper and all over the following day, (especially during the Summer, they have been ruthless with their take downs). If you could have bought FNIX at .0051, which I tried without succes, you could have bailed at .009 on 7/28/06 for a neat 75% profit.
What you might see is someone calling for a bounce the day after bottom because they have the beginnings of a reversal pattern staring them in the face. You see the 7/26 take down to .0051 and a close of .0059, that gave them the white candlestick that told 'em it was going to bounce. It opened at .006, and on 7/28 hit .009. Now I suspect it will just bob around here for awhile until it becomes oversold again and there is a day with higher than normal volume and a price decrease starting the above described cycle all over again.
imdao, this pattern could happen with EYII. I have no idea, but let's watch, maybe we will learn something together.
Posted by greenman on :
Thanks, Will.
Posted by will on :
Told you I had difficulty finding the bottom. Guess the take down to .0065 yesterday was the confirming. It did bounce off of that and went back to .01, (53%), HOD. If it follows the same paatern as FNIX like I said, in a later post than the one I am quoting, there should be a little more left yet.
quote:Originally posted by will: green, I didn't KNOW, it was an educated guess based on the information regarding the filings, O/S and A/S. According to what I look at, just based on the numbers this should have bounced because of the dramtic oversold condition. I almost had myself convinced of that until I saw the SB2 and the PRE14A changing the share structure and setting it up for dilution. Now it is a question of finding the bottom, which I am not very good at. It will bounce once it settles, but unfortunately I don't see it setting up for a major run because of the SB2 being open. Any attempt to run it hard will see the MM that is handling the SB2 sitting on the Ask selling his butt off increasing supply and killling the run. They're diluting for a reason, hope it is for an aquistion that is framed properly in a promising PR, then it might have a bigger move than a bounce, but if it is to pay off some long term debt with Cornell, or a IR firm, forget anything dramatic for now. I really liked it looking at the numbers alone, but dilution is our enemy. True, I have seen stock double and triple with open dilutive filings, but that usually only last until the MM's have cleared their inventory, then the drop. It has to be remembered that we are not playing on a level playing field. The MM's have complete control and power over th Bid Ask process, that is kin to having a rabbit guard your lettuce. Couple that inequitiy with a CEO that dilutes and polutes, and you step to the plate 0 and 2, you have one swing to get on base, then you have to make sure you don't get picked off while your daydreaming.
Posted by will on :
I know, almost only counts in horseshoes.
Interesting anyway though. FNIX and EYII did behave similar. Nothing fool proof, and far from a reliable system, but something to watch and perhaps refine.
Posted by greenman on :
Glad to see the bounce back up today, but IMO its still at bottom. They brought it down and got some cheap shares yesterday. I'm looking for an exit somewhere at the 50MA, somewhere between .017-.023. Late tomorrow or sometime Friday, unless there is some great news then I will go for more. But what do I know. GLTA. Also in cbcl and slwf.
Posted by RedScotchy on :
EYI HK Signs Addendum to China Agency Agreement With CEIEC Thursday August 3, 12:46 pm ET
BURNABY, British Columbia, Aug. 3, 2006 (PRIMEZONE) -- EYI Industries Inc. (``EYI'') (OTC BB:EYII.OB - News), (http://www.StopDrinkingPoison.com), a marketer of products that promote well-being and a healthy lifestyle, is pleased to announce that its wholly owned subsidiary Essentially Yours Industries (Hong Kong) Limited (``EYI HK'') has signed an addendum to the China Agency Agreement dated September 15, 2005 between EYI HK and Guangzhou Zhongdian Enterprises (Group) Co. Ltd and China Electronics Import and Export South China Corporation (``CEIEC''). The addendum extends the purchasing and exclusivity terms to CEIEC for an additional one year period.
Jay Sargeant, President and CEO states, ``It was evident from my meeting with the officials from CEIEC that progress has been made in registering Code Blue(tm) for sale in China. Although the registration process has taken longer than we originally anticipated, we are pleased to see that CEIEC is making progress. The Board of Directors has agreed to extend the original agreement for a period of one year to facilitate the registration process.''
This press release is available on the company's official online investor relations site for investor commentary, feedback and questions. Investors are asked to visit the EYI Industries IR Hub located at http://www.agoracom.com/IR/EYI . Alternatively, investors can e-mail AGORA Investor Relations directly at EYII*Agoracom.com.
About EYI (http://www.StopDrinkingPoison.com)
ADVERTISEMENT click here EYI Industries Inc., through our subsidiary Essentially Yours Industries, Inc. (EYI), markets products that promote health and well-being. Recently, EYI launched a consumer product that removes Arsenic and other contaminates to a negligible level from drinking water. The portable water filtration product's name is Code Blue(tm) and is exclusively provided to EYI. In addition, EYI sells dietary supplements and personal care products. A large portion of our sales are from CALORAD(r), a liquid protein supplement that has brought weight loss benefits to our customers. More than six million bottles of CALORAD(r) have been sold since EYI was founded in 1995. Our newest product, PROSOTEINE(r), is experiencing similar success to CALORAD(r) and bringing our customers the benefits of a natural Energy drink.
EYI markets its products through an extensive network of Independent Business Associates. Our sales force is staffed by knowledgeable, experienced men and women and supported by our comprehensive training programs.
This press release contains forward-looking statements, particularly as related to, among other things, EYI's product purchase agreements and EYI's business strategy. The words or phrases ``would be'', ``will allow'', ``intends to'', ``may result'', ``are expected to'', ``will continue'', ``anticipates'', ``expects'', ``estimate'', ``project'', ``indicate'', ``could'', ``potentially'', ``should'', ``believe'', ``considers'' or similar expressions are intended to identify ``forward-looking statements.'' Actual results could differ materially from those projected in the forward-looking statements as a result of a number of risks and uncertainties. Such forward-looking statements are based on current expectations, involve known and unknown risks, a reliance on third parties for information, transactions or orders that may be cancelled, and other factors that may cause EYI's actual results, performance or achievements, or developments in its industry, to differ materially from the anticipated results, performance or achievements expressed or implied by such forward-looking statements. Factors that could cause actual results to differ materially from anticipated results include risks and uncertainties related to the enforceability of its product purchase contracts in foreign countries, the performance of EYI's staff, management, financing, competition, EYI's ability to implement or manage its expansion strategy, general economic conditions and other factors that are detailed in EYI's Annual Report on Form 10-KSB and on documents EYI files from time-to-time with the Securities and Exchange Commission. Statements made herein are as of the date of this press release and should not be relied upon as of any subsequent date. EYI cautions readers not to place undue reliance on such statements. EYI does not undertake, and specifically disclaims any obligation, to update any forward-looking statements to reflect occurrences, developments, unanticipated events or circumstances after the date of such statement. Actual results may differ materially from the EYI's expectations and estimates.
Contact:
EYI Industries Inc. Investor Relations Jennifer Moreland (604) 759-5017 EYII*Agoracom.com