Anyone have any info about this? I have been playing FEMO for about a year buying in around .03 and selling at .04 to make some gas money. Now that they have changed their name I have seen them drop a few times into the .01's which is all time lows for them but I dont see any info to justify it. Anyone know anything???
Posted by will on :
State the number of shares outstanding of each of the issuer's classes of common equity, as of the latest practicable date: As of May 15, 2006, there were 157,285,122 shares of common stock issued and outstanding.
Closed at .0185 yesterday. I like it to go lower yet.
Posted by TalonSin on :
Thanks Will!
Posted by will on :
Closed at .0175 today. Still like it to go a bit lower. I'd love to buy it .0125, don't know if it will get that depressed. MM's can evaporate .005 off the price of a stock in minutes, somtimes less than a minute.
Posted by will on :
Closed at .016 today, did see .0155, only .003 from my dream price of .0125. Never say never, it just lost .003 from 8/8's close of .0185, to today's LOD, .0155 The volumes are a little murky, because of the name change. The 5 day avg while trading as AGLV is 809K, when it traded as FEMO I think a good 20 Day avg estimate would be 200K- 250K, and a good 50 Day avg. estimate be about 350K tops 400K. Notice the variance in today's volume, and the 5 Day avg compared to the 20 and 50 day. Last three days has seen higher than usual volume and some big red candlesticks. Now, most folks don't like red, but in this case it just might be a good thing. I am hoping for a .0125 bottom, but think I am fooling myself. I will be looking for a quick price take down with a quick recovery intraday, that might be the signal this will be ready to recover some of its losses.
Posted by TalonSin on :
Thanks again Will, your post was very informative and I appreciate you sharing your incites about this one.
I bought a bit at .018 and I think I will keep buying small chunks on the way down. I'm hopeing to sell when it bounces back to .025
Posted by edgewise on :
after seeing this thing stick at .014x.015 for awhile, then close the gap to .0145x.015, i decided to get in..
30k at .015.. i really like this chart. right next to bottom bollinger band, with a pretty low rsi just near 30.5.. plus if it gets a good bounce, this thing can be up past .030 in no time.. but i'm playin safe and playing it till .019..
Posted by TalonSin on :
I bought a bit more at .015 I dont think it will go much lower. If it does hit .012 I will have to buy another block. Should be a fun ride.
Posted by will on :
I have a difficult time picking the bottom. You did see the take down to .0143, and the recovery. They immediately ran the Ask to .019. Can't say for sure, but it looks like it could reverse from here.
Good luck guys!
Posted by will on :
Kind of weird how they raised the Bid to .015, and the Ask to .019, but never covered the .0143 with a transaction all afternoon either at Bid or the spread. I'm sure it has ocurred before, but I never witnessed it, at least not for that long of time. Let's see if they gap it up in the morning.
Posted by will on :
Is .012 bottom ?
Posted by TalonSin on :
Big gap .011 and .0189
Posted by will on :
.013 / .0189 Now, might recover at this level.
Oops ! Spoke to soon .0115 / .0189
Posted by ffighter71 on :
i thinking this is the bottom. it is very oversold at this level.
Posted by will on :
Hope you're right. I am in at .012.
Posted by edgewise on :
so..
quote:"The compilation, dissemination and review of the information required to be presented in the Form 10-QSB has imposed time constraints that have rendered timely filing of the Form 10-QSB impracticable without undue hardship and expense to the registrant. The registrant undertakes the responsibility to file such quarterly report no later than five days after its original due date."
... anybody know when the due date is? if it's today, then we should see their 10-Q by next week, and if that's good, then we should have a ncie jump from here.
Anyone know whats up with the price drop? I dont see a reason for it, it's not like they filed for an RS.
Posted by edgewise on :
i think it's because people are impatient. they wanted results RIGHT NOW instead of waiting for 5 days, so they sold out causing the quick drop.
in 5 days, their money will come back in, along with newcomers that will find this stock at a deep discount price with a wide-open range for a run.
the kind of people that trade pennies don't usually like to let their money sit relatively idle for a week, so they took it and are probably playing the other filing companies right now.
this is just my opinion, though.
Posted by will on :
Relax. This company has 157M O/S. So, they're late filing their Form 10, how many file on time, half? It is as oversold as it gets. Today you saw the big takedown to .009, and the quick recovery. To me those are good signs. Can it kiss that .009 again, sure, anything is possible. I think if you have patience, and bought in close to the bottom, you will be rewarded. Understanding it went to the .009, I consider .01 / .011, bottom, that .009 didn't stick long.
Posted by will on :
Nice close today. Had a little momentum going into the close. Ask up nicely. Would have liked to seen more volume, but I take what they give. Poised to gap in the morning with any kind of buying pressure. All one has to do now is pick the top and exit there, but remember profit is profit.
Posted by edgewise on :
just picked up some at .0098
big volume today so far, and to me, it looked like lots of buying..
once that 10Q comes out, with anything good, i think this thing will finally be ready to pop back to it's .020 levels, easy. i hope.
Posted by edgewise on :
does this count as a double bottom? huge huge volume.
now if only we could get all that pressure on the buying side of things at the ask.
Posted by TalonSin on :
They sure have been quiet later. Would be nice if they put out a PR to help get things moving back upwards.
Posted by will on :
Well you got your wish last night with expected results. Poised to gap again tomorrow. Sorry I was early with my alert, had to avg down in the .007's, but hopefully it will keep going some.
8/22/06 4:54:02 PM ACTIS Global Ventures Announces Second Quarter 2006 Earnings Results: Quarterly Gross Profits Increased by 76%; Quarterly Sales Increased 70%
Posted by TalonSin on :
I'm pretty confident we will be back up to the .025 levels soon. I think Will was right that the late financials scared some people for a bit.
Posted by will on :
Below I posted the O/S reported in the two last Form 10's. That is probably the most important and impressive thing in the Form 10. Very little dilution. They only added 8 million shares in three months.
Assets to Liabilities look like crap, (but what penny stock's doesn't). Cash Flow Statement, I've seen worse.
Fundementals mean little if you're not holding long.
"State the number of shares outstanding of each of the issuer's classes of common equity, as of the latest practicable date: As of May 15, 2006, there were 157,285,122 shares of common stock issued and outstanding."
"State the number of shares outstanding of each of the issuer's classes of common equity, as of the latest practicable date: As of August 21, 2006, there were 165,285,122 shares of common stock issued and outstanding."
Posted by edgewise on :
looks like it's turning around now.. that .007 must've been bottom, and it's coming off of it nicely now, with pretty good volume, too.
back up to .0105x.0105 (who needs a spread anyways?)
Posted by will on :
Sorry I missed bottom. Made a little, didn't get hurt. I'll remember where bottom is next time.
Good luck, I think it has more in it yet. Last .013, B/A .012 / .013.
Posted by edgewise on :
and i never cease to be amazed. i had already sold at .012, taking about a dollar of profit..
and now here it is at .018x.019..
heck of a day!
Posted by will on :
I preach patience, and get frustrated. A shame. Next time we get 'em. Still a good call.
Posted by edgewise on :
yea, now i play patience till i can get out even, or with a little profit.. i've stopped selling for big losses, at least.
this was a great call, it's even up from the original .015 i had gotten it at. and if anyone was lucky enough to grab some at the super discount of .007, this would have been a pretty quick double.
i'm still glad that i did get out with enough money to cover my commissions.
Posted by TalonSin on :
Looks like we could get back up to the .025 levels this normally trades at this week!
Posted by TalonSin on :
Moving up nicely this morning!
Posted by FastEddie777 on :
Put in a buy order at .012. Looks like it could fill today. We'll see.
Posted by FastEddie777 on :
Got filled below my bid price at .0115.
Posted by TalonSin on :
Nice... I'm averaged at .014, dont want to put any more money in this just yet.
Posted by FastEddie777 on :
quote:Originally posted by TalonSin: Nice... I'm averaged at .014, dont want to put any more money in this just yet.
I knew it would come back down. They always do, these penny stocks. Anything that double in a week has to correct. Long term we could be okay. I hope I got in at the right price. Had originally set it at .013, but then said either I get it at .012 or I don't get it. Got filled below my big price. GLTU
Posted by will on :
It's buying time again.
Posted by will on :
I'll buy more at or below .006.
Posted by Grail7 on :
got a few at high .006s, what makes you think it'll go lower will?
Posted by will on :
Sorry, should have said, I'll buy more "IF / WHEN" it goes to or below .006. Not sure what they will do with it. The last few months they have been overly aggressive with the take downs maybe it will mitigate, we'll see.
Posted by Grail7 on :
Well you're right will, am eating the humble pie in front of ya! LOL .0059! Nice.
Posted by will on :
Being right means nothing. I couldn't fill at .006, but I will take the nice little recovery we had today. NITE & UBSS are going to run this one soon, patience is required. If they drop to that .006 again ADD. I know I will be trying.
Posted by will on :
I'm gonna stick with this one here. I think it has room yet.
Posted by will on :
8:12AM, a little early to call it a gapper, but if B/A holds-------nice.
Posted by Grail7 on :
stagnated at .008 area. Holding, but the volume isn't helping.
Posted by greenman on :
Y'all still in this? I got in today * .0062.
Posted by TalonSin on :
I'm still holding my bag, I'm averaged at .014 Ouch!
Posted by greenman on :
It wasn't a bad day at all. If the volume is there tomorrow, it should hold.
Posted by greenman on :