Today's volume already 4 times averages, price down over 30% at .0121.
O/S : At September 12, 2006, the total aggregate market value of the shares of voting stock held by non-affiliates of the registrant was $1,592,734 based upon the average of the closing bid and asked prices of the registrant’s Common Stock, $0.01 par value, as reported by the Over The Counter Bulletin Board on that date of $0.06 and $0.06 per share, respectively . The term “affiliates” is deemed, for this purpose only, to refer to directors, officers and holders of 5% or more of the Common Stock of the registrant. The number of shares outstanding of the registrant's Common Stock as of September 12, 2006 was 38,369,082.
So will why are you buying into a company about to be diluted which guarentees the price to go down as they dilute? Tell me your strategy behind this as I'm trying to learn Posted by will on :
Did ADSD run with planned dilution present?
Did PHEI bounce with an open S8?
Did AVVW bounce with an open SB-2 for 291M being open?
Did VCTY run with planned dilution present?
Did DMBI double with an open SB-2 for 200M+ ?
Did QMMG bounce with open dilution of 29% ocurring?
All of the above were recent alerts. These are the dreggs of the market, the pennies, 99.999% of them dilute, it is how they raise capital, or pay their greedy selves.
Now if you strictly subscribe to the theory to not play stocks that dilute, you would only play a few pennies a year. There are patterns of volume and price that might ocurr that make a given stock a candidate to have gains, sometime minimal, somestime substatial.
Posted by dollar13 on :
VSNI -- Viseon, Inc. Com (1 Cent)
Search for Dun & Bradstreet reports on this company.
Address: 17103 Preston Road Suite 150N Dallas, TX 75248 USA
Usually Bid being higher than HOD is a good sign. Just requires a little volume and it will be off.
O/S : 38,369,082
Float : 26,545,566
Posted by bb money on :
Hey Will were are you seeing this hit resistance at when they do let it go if it breaks through the .018 area I see it retracing into the 2's just wondering your thoughts on resistance and what we should be looking for. Thanks
Posted by will on :
Everything seemingly has difficulty breaking and holding .02. It's sitting at resistance right now, .015. Once past that it struggles with .02, and will bump its head hard on .025, if /when it gets by .015 and .02. If ti gets by those resistance points it could run hard with the low O/S and Float.
I am hoping for a gap up Monday, because of the Bid being over today's HOD, and it closing at the HOD with the B/A at .016 /.0179.
Posted by bb money on :
Thanks Will hopefully your prediciton for Monday is correct!!!
Posted by skip on :
definitely jiggling now...
nice one guys...
Posted by bb money on :
Nice call Will!!!
Posted by will on :
Enjoy, I took my 66% and am very pleased.
Good luck guys !
Posted by will on :
.02 is a tough number, hope it gets by it for you, and holds, then it might really go.
Posted by will on :
Nice, left some on the table, Happens often when they have a low O/S.
Posted by will on :
133% at .028, HOD, so far ! Damn!
Posted by sunny on :
awesome job Will!
Posted by bb money on :
Shouldn't have sold so early oh well better safe than sorry. I guess!!!!!
Posted by will on :
Not to worry, bb. There will be more. Seems the ones with the low O/S are worth considering as a hold or to play for free parking. USGA, and now this one, but USGA was far more spectacular than VSNI.
Posted by stocktrader22 on :
another good call will! Now its time for TPWR to make its move!
Posted by will on :
Patience 22, they're playing with TPWR something aweful. I am hoping that will do as well or better. The only shortcoming there is the larger O/S, but we will see.
Posted by will on :
VSNI took three weeks to the day. Some take less time, some take more, but it USUALLY happens.
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