Jan 19, 2007 (M2 PRESSWIRE via COMTEX) -- Bull in Advantage, LLC a.k.a. Redhotpennystock.com names Sew Cal Logo, Inc. (OTCBB: SEWC), Hoku Scientific, Inc. (NASDAQ: HOKU), Perihelion Global (Pink Sheets: PHGI), Aladdin Beverage (Pink Sheets: ADTJ) and ParaFin Corporation (OTCBB: PFNC) its "Red Hot Penny Stock." Visit our sister site at http://******************.com/
Sew Cal Logo, Inc. manufactures embroidered caps, sportswear, and related corporate identification apparel. It offers caps and headwear, jackets, denim, cargo shorts, and pants and related apparel. The company also offers contract embroidery and silk-screening to the manufacturing and promotional industry. In addition, Sew Cal also supplies wardrobe, as well as promotional, and cast and crew items for feature films and television, and to the major motion picture studios. The company sells its products to motion picture and television studios, retailers, and local schools and small businesses in the United States.
Posted by skip on :
Hard to fill I imagine though. This will go someday...
Posted by will on :
12M O/S // 7M Float // Revenues $566,033 // Gross profit $110,151 // Current Assets vs. Current liabilites $1,026,025 vs. $676,716, 1.5 /1 quick ratio // Cash on hand $656,344.
I am first to say pennies don't move on fundementals, but good financials sure can't hurt. This looks like it could be a real company. If you don't believe that, then at least believe it shouldn't be trading at .01 or less. It's one of the better Form 10's I have ever seen for a penny stock. Closed at .009, I'm in it, any weakness in the PPS and I will double my position. If this doesn't run, and if this deserves to be at .01 or less, then their isn't ANY level or fair playing field left in pannyland.
This is what a penny player should look for : Low O/S Lower Float Increased volumes Declining price Oversold condition No history of dilution (Grant it, there is an open SB-2 fo 27M, but it doesn't appear to be active, yet) (Saw the increase in A/S, means nothing right now)
This will run before they dilute. If it doesn't, then I will own a WHOLE BUNCH of nothing, and have egg on my face.
quote:Originally posted by skip: Here is one to watch...
SEWC
At November 30, 2006, there were 12,074,036 shares of the registrant's Common Stock outstanding.
Thanks for pointing out the highlights of the financials. I agree, not many pennies have a quick ratio like that, some don't have current assets at all. I was just thinking about the low o/s and low PPS, and figured it would go from there, but glad to see the financials aren't bad either.
I agree, this one should go. If it doesn't, then we can share the egg on the face. Posted by will on :
It just keeps getting better and better. That puts this right next to PERFECT !
Posted by bilgert on :
Skip- another nice find.
will, nice follow up DD. Let me be among the first to say that I appreciate your willingness to hold yourself accountable. It's rare in the bulletin board world to find someone willing to take a stand on a pick and substantiate it with solid DD. I see to much gutless and hollow dissent lately.
I tried to bid whack it early in the day at .008 and never filled at .009- stupid me. If she doesn't go on Monday, I'll be taking another stab at it. Hope I won't be joining the egg on face crew!
Posted by skip on :
Boy, this pup is a tough fill. They dropped the bid and ask for a while today, very few fills. I know some folks that were trying to buy within the spread, and no fillie...
This one will go, sooner or later. No one is paying attention to it now. But with this low of a float, the low PPS, and the decent 10Q, shouldn't be at this level for long. MM's will give it a ride, or some group will come along and run it at some point. I will take my profits either way...
Posted by skip on :
They dropped the bid and filled fairly large orders 2 days in a row now, interested to see what's coming for this one...
Good financials and a super low float, it will have it's day in the sun soon enough...
Posted by skip on :
nice volume spike, L2's looking better...
.009 on the ask now...
Posted by stocktrader22 on :
wtf...scottrade is letting me buy..saying too many decimal points for a listed stock...this is ridic.
Posted by right42day on :
I went bargain shopping today! This one bounces nice and look at that O/S
At November 30, 2006, there were 12,074,036 shares of the registrant's Common Stock outstanding. And that float of 7 million now thats sweet...
Posted by skip on :
Glad to see you here, Right!
I, too, went bargain shopping today. Some big trades went through today. Not sure if that was a load up, or what.
This thing flies to .012 on nothing, I am being patient with this one and loading on dips. Super low float and good financials, only a matter of time before it runs...
NITE and ARCA bidding big on the bid, I like...
Posted by skip on :
Look at her now, looking good!
such a low float, moves easy...
Posted by greenman on :
I'm still in at .009. I never did average down. However, I can still make decent bank with this low floater. Just bring on the volume, and it wont take much.
Posted by skip on :
thats right greenman, this thing flies when the MMs let it go...
Posted by greenman on :
SBSH is sitting on .014. If the buys keep coming in, we can see that by EOD easy.
Posted by greenman on :
Someone sold at .0099 (1 tick under ask), thats a good sign,IMO.
Posted by greenman on :
Nice close today, guys. Looking for .014 on Monday.
Posted by bilgert on :
Was a hard fill, but moved grrrrrrrrrrrrrrrreat today!
Nice one skip. Thanks for the heads up.
Posted by skip on :
You're welcome bilgert!
Glad to see you here.
This is one of those diamond in the rough stocks, super low float, no dilution, and better financials that 90% of the POS's out there.
Somebody or something was taking it down this week and loading up. I loaded up too.
At November 30, 2006, there were 12,074,036 shares of the registrant's Common Stock outstanding.
7 mil float per bloomberg
12M O/S // 7M Float // Revenues $566,033 // Gross profit $110,151 // Current Assets vs. Current liabilites $1,026,025 vs. $676,716, 1.5 /1 quick ratio // Cash on hand $656,344.
This is what a penny player should look for : Low O/S Lower Float Increased volumes Declining price Oversold condition No history of dilution (Saw the increase in A/S, means nothing right now)
Posted by will on :
Did you see the take down to .004, it was a flash. Now watch it.
Posted by Jonus on :
I snagged 300k at five yessssssssss
Posted by will on :
Something is not right here. Examine this stock and company :
According to the last From 10 filed: 12M shares, O/S 7M Float Revenues $566,033 Gross profit $110,151 Current Assets vs. Current liabilites $1,026,025 vs. $676,716, 1.5 /1 quick ratio Cash on hand $656,344
A low float penny company, with real revenues, and a profit, a positve quick ratio, cash on hand.
Someone isn't playing fair. I will buy every opportunity I get at .005 or under. This has winner written all over it.
Posted by Stronghold on :
Good morning all. I was thinking that this one could be a huge runner but I have some questions about the information below that came from the last 10Q.
The convertable debentures total over 100mm. Have those shares hit the market? If not why is the price down so much? If they havent what will happen when they do?
The insiders hold over 7mm shares according to the form 3's filed which is a good thing and they appear to have a good product. Just wanting some ideas before I put some money in this.
Common Stock
On August 25, 2006 the Company's authorization to issued common stock was increased from 50,000,000 shares to 500,000,000 shares at par value of $0.001
As of August 31, 2004 (post merger) the Company had 5,020,000 common shares issued and outstanding.
In May 2005 the Company purchased equipment valued at $114,100 for 33,334 common share and issued 122,834 common shares for services valued at $12,283.
On January 6, 2006 the Company issued 50,000 common shares for services valued at $7,500.
On February 16, 2006 the company entered into a securities purchase agreement for a total subscription amount of $2,000,000 that includes stock purchase warrants and callable convertible debentures. A discount on convertible debentures was recorded against additional paid in capital of $315,000 which will be amortized over the life of the debentures. The total subscription includes an aggregate of 2,142,858 five-year warrants exercisable for the same number of common shares at $0.50 per share. An aggregate of 25,974,026 common shares have been registered and are available for issue to potentially convert the full $2,000,000.
On July 31, 2006 the company issued $500,000 in convertible debentures at a 40% discount. A discount on convertible debentures was recorded against additional paid in capital of $333,333 which will be amortized over the life of the debentures. Common stock registered to convert the full $500,000 was calculated at 69,444,444 shares using the current three day average price per share of $0.012 less a 40% discount.
On May 31, 2006 the Company issued 290,000 common shares by converting $33,031 of debenture debt and issued 33,334 common shares for consulting services valued at $3,333.
The Company converted $52,607 debt into 5,780,000 common shares during the period ended November 30, 2006.
The Company issued 61,000 common shares for cash of $25,000 and the subscription deposit of $36,000 received in May 2005 in a private placement.
The Company issued 683,534 common shares for services valued at $19,835.
Posted by will on :
You raise some good questions and warranted concerns regarding potential dilution. The company has issued SB-2's and SB-2A's to register these securities, but I also saw the RW filing withdrawing an SB-2. It is confusing and convoluded as to which, what SB-2 action has been withdrawn. I also noticed some preferred shares, but have not looked deep enough to find the conversion ratio. Here's their filings :
Even with an additional 25M or 28M shares this is still a good play, but again it appears that SB-2, (SB-2A) has been withdrawn.
I am more focused on the financials. They are EXCELLENT for a penny stock. Again, I freely admit that financials do not drive pennies, but they can enhance the chances of a profitable trade.
"According to the last From 10 filed: 12M shares, O/S 7M Float Revenues $566,033 Gross profit $110,151 Current Assets vs. Current liabilites $1,026,025 vs. $676,716, 1.5 /1 quick ratio Cash on hand $656,344
A low float penny company, with real revenues, and a profit, a positve quick ratio, cash on hand."
Sorry to be redundant, but this is my focus.
Someone smarter than I am will have to figure out the mumbo jumbo of the SB-2's and the withdrawl. I'll accuumulate under .005. Even if it is being moderately diluted I like stocks with O/S or potential O/S of under 100M. If / when it is to be diluted, they will give it a decent run around the track, and recover their investments, (they = MM's).
It isn't your typical "MOMO" play, P&D type, were most enter late and get slaughtered anyway. It is a wait see, accuumulation play in hopes of either an MM managed run, a group running, and the very best scenarion, both ocurring at the same time. I knoaw for a fact that this has been ran by group previously, and they are in the habit of coming back to stocks they have had success with.
I don't see any REAL dilution here, slow and steady REAL interest, maybe ?
Posted by stocktrader22 on :
This should run...but any stock with convertible debentures makes me nervous these days after seeing what happened to bany.
Posted by will on :
SEWC and BANY can hardly be compared.
I suggest reviewing the filings for BANY. There was a SB-2 for 2 BILLION filed by BANY, and it had 2 or 3 decent runs after that filing. SEWC has cancelled their SB-2. The shares supporting those debentures have to be registered.
There isn't any real comparison between the companies, that I can see. SEWC has more posisitves going for it than BANY has or will ever have.
Just my opinion.
Posted by tmanfromtexas on :
You make some good points Will. I agree that this stock under a penny with at the most appears to be 100mm shares possibly out and an actual product that is produced should be a slam dunk. If the stock gods are good to us maybe we can get some and have a runner. TMAN...
Posted by dollar13 on :
THIS POS IS NOT GOING NOWHERE FOR NOW, I'LL GIVE IT 2 MORE WEEKS ,TO PUT IT ON MY WATCH LIST
Posted by IMAKEMONEY on :
HMM
Posted by skip on :
quote:Originally posted by dollar13: THIS POS IS NOT GOING NOWHERE FOR NOW, I'LL GIVE IT 2 MORE WEEKS ,TO PUT IT ON MY WATCH LIST
I agree, it is not going nowhere...
Glad to see the increased interest in this one. I agree with will. This is a stock you buy when it dips and hang onto it for an MM or group run or both. Even if they dilute 100mil shares (hypothetically speaking), it will still have a lower o/s than 90% of the POS's down here, and has good financials to boot. I have flipped this one a couple of times, and will continue to do so until it plays itself out...
Posted by bilgert on :
Posted by bilgert on :
I love lamp.
quote:Originally posted by dollar13: THIS POS IS NOT GOING NOWHERE FOR NOW, I'LL GIVE IT 2 MORE WEEKS ,TO PUT IT ON MY WATCH LIST
Posted by kidpolio on :
Last time this hit .004 it went straight up to .025 I expect the same reaction if not better. I remember watching this one hit Fifty Cents. It could very well do it again.
Posted by Jonus on :
Here comes the run
Posted by stocktrader22 on :
Lol no brainer...tried to get some at .005 for a while, scottrade had some computer error with it, had to call in, so decided not to, i was lazy, now paying for it.
Posted by Jonus on :
.01 break will be saweeet
Posted by cactus33 on :
DOH !, im glad i listened to skip and will, lol
quote:Originally posted by dollar13: THIS POS IS NOT GOING NOWHERE FOR NOW, I'LL GIVE IT 2 MORE WEEKS ,TO PUT IT ON MY WATCH LIST
Posted by dollar13 on :
quote:Originally posted by cactus33: DOH !, im glad i listened to skip and will, lol
quote:Originally posted by dollar13: THIS POS IS NOT GOING NOWHERE FOR NOW, I'LL GIVE IT 2 MORE WEEKS ,TO PUT IT ON MY WATCH LIST
I BET YOU ARE..
LMAO
Posted by will on :
Why's that cactus? You could have bought ETIM at .0021. LOL
quote:Originally posted by cactus33: DOH !, im glad i listened to skip and will, lol
quote:Originally posted by dollar13: THIS POS IS NOT GOING NOWHERE FOR NOW, I'LL GIVE IT 2 MORE WEEKS ,TO PUT IT ON MY WATCH LIST
Posted by dollar13 on :
YOU GUYS ARE LUCKY
LOL
Posted by Jonus on :
quote:Originally posted by cactus33: DOH !, im glad i listened to skip and will, lol
quote:Originally posted by dollar13: THIS POS IS NOT GOING NOWHERE FOR NOW, I'LL GIVE IT 2 MORE WEEKS ,TO PUT IT ON MY WATCH LIST
Me to lol
Posted by dollar13 on :
BID AT 0.008
LMAO
TAKE IT
Posted by dollar13 on :
YOU GUYS SHOULD PLAY "KNOS" INSTEAD OF THIS POS
Posted by Jonus on :
quote:Originally posted by dollar13: BID AT 0.008
LMAO
TAKE IT
Never whack a bid always sell on the ask
Posted by will on :
My goodness cactus, we're getting luckier now, .012 / .013.
Posted by Homersbud on :
fawk, I thought selling at 01 from 007 was a sweet trade...lol
0125x013 1x1
Posted by will on :
All this luck is wearing me out.
Posted by will on :
Alerted at .005, think .014 could be called a decent gainer, 180%.
Sweet ! .....and still going, good luck.
Posted by dollar13 on :
DON'T FORGET WHO BROUGHT THE LUCK TO THIS THREAD
LOL
Posted by Jonus on :
Gotta love it free riding now.
Posted by retiredat49 on :
Damn Will...I saw your alert...wrote it down...and then forgot all about it...Damn!!!
Nice Call...
Posted by will on :
Save some of that luck for the ETIM you were pumping at .0021, you need it, now .0012 / .0013.
Posted by Jonus on :
I am rich weeeeeeeeeeee
Posted by dollar13 on :
quote:Originally posted by will: Save some of that luck for the ETIM you were pumping at .0021, you need it, now .0012 / .0013.
I DON'T EVEN HAVE SHARES OF "ETIM"
WHAT ARE YOU TALKING ABOUT WILLISSS Posted by cactus33 on :
wow, look at it go..
Posted by Fuzzy1018 on :
will we break .02 today .014/.019 now
Posted by Fuzzy1018 on :
L2's real thin on this one
Posted by Fuzzy1018 on :
someone keeps bidwhacking dammit
Posted by dollar13 on :
WASN'T ME
LOL
Posted by Fuzzy1018 on :
ready for the next leg up imo; and this time we'll break that .02
Posted by dollar13 on :
YEHAAAAAAAAAAAAAAAAA
LET'S BREAK IT
Posted by Fuzzy1018 on :
lol this may be a good entry point here .01
Posted by dollar13 on :
ONE MORE AT 0.013
Posted by stocktrader22 on :
I hate you scottrade...choicetrade is coming up next for me.
Posted by cactus33 on :
lol, i'd call them and thank them, what BS they pulled on you. sucks
quote:Originally posted by stocktrader22: I hate you scottrade...choicetrade is coming up next for me.
Posted by jdiddy on :
i grabbed some at .105 nice to join you guys late in the day
Posted by dollar13 on :
ONE MORE AT 0.011
LOL
POS
Posted by dollar13 on :
MUST BE A GOOD ENTRY POINT HERE TOO
LMAO
Posted by dollar13 on :
TWO MORE AT 0.009
Posted by dollar13 on :
Posted by dollar13 on :
WAIT
I AM GLAD THAN I LISTEN TO MY SELF.........
Posted by dollar13 on :
THE SPREAD HERE IS A POS
Posted by Fuzzy1018 on :
trades very weird; not sure whats up .009/.011
Posted by dollar13 on :
MOST OF YOU ALREADY TAKE SOME PROFIT , BUT YOU ALL LEFT SOME BAG HOLDERS AT 0.017 AND 0.018.
NICE TEAM
LMAO
Posted by Fuzzy1018 on :
last .011 b/a .012/.013 and still not filling ?
Posted by dollar13 on :
BUT YOU ALL LEFT SOME BAG HOLDERS AT 0.017 AND 0.018.
LET'S GO SAVE THEM
Posted by dollar13 on :
LMAO
BID 0.009 /ASK 0.013
Posted by dollar13 on :
I WISH I COULD BUY AT THE BID
Posted by cactus33 on :
you drinkin today dollar? lol, you are in some mood..
Posted by dollar13 on :
quote:Originally posted by cactus33: you drinkin today dollar? lol, you are in some mood..
LMAO
WHY SHOULD I Posted by dollar13 on :
I AM NOT HOLDING A BAG HERE
Posted by dollar13 on :
THIS IS A POS , THAT IS ALL I AM SAYING
AND YES QUOTE MY POST ANY TIME......
LOL
Posted by jdiddy on :
quote:Originally posted by dollar13: I WISH I COULD BUY AT THE BID
Isnt that what you wanted dollar .0009
put your money where ur mouth is or shut up
Posted by dollar13 on :
quote:Originally posted by jdiddy:
quote:Originally posted by dollar13: I WISH I COULD BUY AT THE BID
Isnt that what you wanted dollar .0009
put your money where ur mouth is or shut up
YOU ARE SO STUPID , YOU BOUGHT AT 0.017 OR 0.018 DON'T YA
BLAME YOUR TEAM
LMAO
Posted by jdiddy on :
actually i made a pretty easily flip from .009 to .012 after lunch
sorry..just had to mess with u a bit..lol
Posted by cottonjim on :
acting very hubian today aren't we. LMAO. BTW, congrats to everyone who made green.
Posted by will on :
A little math review:
HOD = .019, Alert .0051, .019 -.0051 = .0139, possible gain .0139 / .0051 = 272 % !!!!!
POST FROM 2/16/07 :
quote:Originally posted by will: Current PPS .0051
SEWC
At November 30, 2006, there were 12,074,036 shares of the registrant's Common Stock outstanding.
7 mil float per bloomberg
12M O/S // 7M Float // Revenues $566,033 // Gross profit $110,151 // Current Assets vs. Current liabilites $1,026,025 vs. $676,716, 1.5 /1 quick ratio // Cash on hand $656,344.
This is what a penny player should look for : Low O/S Lower Float Increased volumes Declining price Oversold condition No history of dilution (Saw the increase in A/S, means nothing right now)
Posted by Jonus on :
Made big bank today. Thanks Will you the man.
Posted by skip on :
quote:Originally posted by dollar13: THIS IS A POS , THAT IS ALL I AM SAYING
AND YES QUOTE MY POST ANY TIME......
LOL
why bother posting if you don't like the stock? what good does that do anyone? The only folks that do that are the ones that missed out on the run. They are all POS's, they wouldn't be down here if they were great companies. You said it wasn't going to do anything, and it ran 270%+ Nice call dollar...
Posted by will on :
Let's do it again, thank you, all for the same reasons:
According to the last From 10 filed: 12M shares, O/S 7M Float Revenues $566,033 Gross profit $110,151 Current Assets vs. Current liabilites $1,026,025 vs. $676,716, 1.5 /1 quick ratio Cash on hand $656,344
A low float penny company, with real revenues, and a profit, a positve quick ratio, cash on hand.
Posted by skip on :
Yep, will be buying it tomorrow. This one is really a no brainer...
how you like that williams, cactus?
Posted by Jonus on :
I picked up 200k today at the ask .0045 Just a matter of time now. This will be back in the penny's. Anything under .005 I will be adding and waiting patiently for the payday.
Posted by cactus33 on :
yep, look at that indicator, last time it was this low was 7 months ago, and look how well it bounces from it. do they dare drag it along that -100 williams indicator?.. i dont know, i doubt it.. if they do, it will be even more prime.
jmho
quote:Originally posted by skip:
quote:Originally posted by cactus33: giving them away today.. time to load up!
Very excited to see the next run on this one, definitely a gem here. Profitable company with an insanely low O/S, gotta love it...
Posted by atleast on :
quote:Originally posted by cactus33: up 32% and still insanely oversold.. what next, lol
someone tried to get filled at the ask which was .004 at first, then went to .0045 and they only filled 10000 shares, ive watched level 2 on this for a while and mm's usually never paint this or mess with it, at least yet, lol.. its a very small float. IMO, they filled only 5000 at .004 and person upped it to .0045 and they still didnt fill it. mirrored it as one trade. regardless, there were no shares at .004 or .0045 imo for sale, and a false wall, never know though, im not an mm. who knows what tomorrow brings ??
jmho
quote:Originally posted by atleast:
quote:Originally posted by cactus33: up 32% and still insanely oversold.. what next, lol
Scottrade has this listed as restricted, I could not buy over the internet yesterday. Anyone know why?
Posted by cactus33 on :
because of the volatility.. scottrade sux.. i think they are the only one restricting it. you have to call your broker and place your buy order.. i had no probs buying online with amtd.
good luck
Posted by bb money on :
I have Scottrade also TDOG and I pick some up yesterday also, you just got to call in and order it but it is still at the internet $7 rate.
Posted by skip on :
Just realized that for $3500 you can own 5% of the o/s and have a voting interest in the company.
We should file a joint SC-13G and take control, lol...
Posted by T e x on :
quote:Originally posted by skip: Just realized that for $3500 you can own 5% of the o/s and have a voting interest in the company.
We should file a joint SC-13G and take control, lol...
ya know? I've seen that proposed and bandied about... *would be* interesting to see that played out. Am not saying *do that,* but it would be interesting...
Posted by skip on :
I hear ya, got me thinking for sure.
This is one of the few actively trading, fully reporting stocks that it would actually be possible with. Of course the price would go up as shares are accumulated, but, 10 people put in $3000-$10000 and they could likely get a 51% voting interest, and effectively have elective power over the company. Heck, if a couple of us on this board filed a joint SC-13G we'd at least have a vote at the next shareholders meeting. Interesting to say the least...
Posted by stocktrader22 on :
quote:Originally posted by skip: I hear ya, got me thinking for sure.
This is one of the few actively trading, fully reporting stocks that it would actually be possible with. Of course the price would go up as shares are accumulated, but, 10 people put in $3000-$10000 and they could likely get a 51% voting interest, and effectively have elective power over the company. Heck, if a couple of us on this board filed a joint SC-13G we'd at least have a vote at the next shareholders meeting. Interesting to say the least...
Don't most companies have hostile takeover prevention policy/programs.
Posted by T e x on :
don't know the stock...what assets/future play might be worth the "headache"?
Posted by skip on :
quote:Originally posted by stocktrader22: Don't most companies have hostile takeover prevention policy/programs.
That's a good point. They have 189,000 preferred shares out that carry a higher voting power, I believe. So, that is sort of a "built-in" takeover protection. I wasn't able to view their articles of incorporation on the state of Nevada site, but I assume that's where a takeover policy would be if they have one. It's not in the 10Q/K, unless I overlooked it, which is entirely possible.
That said, a takeover policy still wouldn't prevent a few of us from pooling together 850,000 shares and having a 5% voting interest.
Pretty cool to wax about anyway...
Posted by skip on :
quote:Originally posted by T e x: don't know the stock...what assets/future play might be worth the "headache"?
It's been a great flipper for me Tex. Low float and low pps make it nice and bouncy.
As far as assets are concerned, they generate over $2,000,000 in revenues yearly and they have a pretty good quick ratio of 1.37 (1.1mil current assets/827k current liabilities), and over $500,000 cash on hand, so the balance sheet isn't bad. They do, however, operate at a loss, despite the revenues. They are in the sewing biz, and are losing money to foreign outsourcing and imports, so, long term investment is questionable. I don't play that way anyway, I am a bottom fisher/flipper, but this one is a real gem IMO. It's one of the few companies down here that doesn't have a bloated o/s, no revenues, and a crooked CEO; they actually are transparent. A rarity here.
As for the voting interest thing, I was just thinking aloud really, wouldn't be worth the headache unless I really wanted a piece here. I'm a bad man though, love 'em and leave 'em...
Posted by Jonus on :
When this one gets buying pressure I will be ready. Been loading on every dip
Posted by skip on :
I hear ya Jonus, between me, you, cactus, and bb money, we probably have 10%+ of the o/s.
Pretty sweet... Posted by skip on :
Prime time buying opp at .0034 today, IMO...
Posted by bb money on :
Definitely a good place to add!
Posted by cactus33 on :
i was just going over financials, i still cant figure out the selling in the low .003's.. and i cant figure out the low pps, my guess is that mm's have restricted this on at least one major broker for online buying.. volatility, lol.. bs.. what subbie isnt volatile.. just thinking mm's are loading up hard here at these levels. reminds me of ADDL.. just kicking down a good stock for personal gain.. that or im missing something in the filings, lol
jmho
Posted by skip on :
Thanks for giving me more today, MM's.
Rarely do I have the patience, opportunity, or desire, to "load up" on a stock. This, however, is the one stock that I will buy what I can when it's at this level. It will bounce.
These things have been reiterated over and over: 17.8mil o/s, .0034 PPS, little to no dilution, over $1mil in revenues the last 6 months, $500k cash on hand.
I really don't know of any other OTCBB stock with a combination like the above... anyone got another one? I would like to buy it. Posted by Jonus on :
quote:Originally posted by skip: Thanks for giving me more today, MM's.
Rarely do I have the patience, opportunity, or desire, to "load up" on a stock. This, however, is the one stock that I will buy what I can when it's at this level. It will bounce.
These things have been reiterated over and over: 17.8mil o/s, .0034 PPS, little to no dilution, over $1mil in revenues the last 6 months, $500k cash on hand.
I really don't know of any other OTCBB stock with a combination like the above... anyone got another one? I would like to buy it.
Excellent snagg man. I keep gtc orders on bid all the time. They gave me none today but I am very happy for you.
Posted by skip on :
Thanks man, hopefully they gave you some today. I grabbed more at .0032. DOMS must be in a good mood today... Posted by cactus33 on :
ARCA just jumped on the bid huge
Posted by skip on :
Last time ARCA was that big on the bid, it was the same circumstances. Take down to 52 week low, then ARCA jumped in huge on the bid, and I believe it ran the day after. We'll see, I know she'll go someday soon...
Posted by cactus33 on :
thanks for info skip
Posted by bb money on :
good to know, even if it doesn't run tomorrow they will run it soon enough.
Posted by cactus33 on :
hmmmmmm, , can i explain any selling this low, not really, do i know people adding...maybe??
but i have traded pennies long enough to know that mm's have their tactics, yawn, lol..
still think will has a winner here, and i think this goes big..
one for the ages, it will ...
jmho
quote:Originally posted by will: Let's do it again, thank you, all for the same reasons:
According to the last From 10 filed: 12M shares, O/S 7M Float Revenues $566,033 Gross profit $110,151 Current Assets vs. Current liabilites $1,026,025 vs. $676,716, 1.5 /1 quick ratio Cash on hand $656,344
A low float penny company, with real revenues, and a profit, a positve quick ratio, cash on hand.
Posted by skip on :
Looks like they cleared out some stop loss orders at .003, then they brought it right back up to .004. That's a great sign IMO. The price compared to o/s makes it a winner, not to mention the decent financials. It's a question of when, not if...
Posted by cactus33 on :
52 wk low, showing on a couple my scans finally..
way oversold looking at weekly chart
jmho
Posted by cactus33 on :
bring those cheap shares to meeee..
quote:Originally posted by skip: Looks like they cleared out some stop loss orders at .003, then they brought it right back up to .004. That's a great sign IMO. The price compared to o/s makes it a winner, not to mention the decent financials. It's a question of when, not if...
Posted by DDA on :
17 million O/S ---- that's a value of $ 71.000 ---- that's insane and way too low -----this one has to explode sooner or later
Posted by cactus33 on :
ARCA back on the bid
Posted by cactus33 on :
ask is getting nailed
Posted by kidpolio on :
big volume for a low floater damn this one is so awesome thanks for the heads up guys i cant believe that i did not see this one earlier glad i got in at .004
Posted by skip on :
I like seeing ARCA back on the bid, also like the way the ask has thinned out over the past couple weeks. Just a hop, skip, and a jump to .009+ now...
Posted by kidpolio on :
awesome pick guys thanks a bunch buying all i can got a order in at fore no fill yet
Posted by kidpolio on :
just filled 195k order partial of half a mill
Posted by bb money on :
Looking good, lots of volume!! Been saying this is way undervalued!
Posted by cactus33 on :
there goes .004, lol
Posted by kidpolio on :
still wanting more please give me more down here this one is soo feaking awesome
Posted by jdiddy on :
didnt get filled at .004
still tryin
Posted by bb money on :
Here we goooooooo!
Posted by kidpolio on :
gave me another 100k
Posted by kidpolio on :
on bid with a million not even half filled yet
Posted by jdiddy on :
got em Posted by kidpolio on :
just got another 300k almost there
Posted by skip on :
Looking good guys... Posted by cactus33 on :
they are f'ing with it
Posted by jdiddy on :
ask at .005
Posted by kidpolio on :
my god i love this one pennys soon i just know it
Posted by bb money on :
Looking good .005 now!
Posted by cactus33 on :
needs to get past 5 and its looking great, a joke it was trading under .005 anyway imo
Posted by tmanfromtexas on :
I agree cactus, i checked into this a couple months back and couldnt understand why its at this level and still cant. I finally took the plunge and bought some today. Hope that 5 was just a taste of whats to come. GLTA. TMAN...
Posted by skip on :
Considering the super low o/s of 17mil, and great looking balance sheet, this puppy should be above .03++ IMO...
It's cash value alone is over .02...
Posted by bb money on :
quote:Originally posted by skip: Considering the super low o/s of 17mil, and great looking balance sheet, this puppy should be above .03++ IMO...
It's cash value alone is over .02...
Great post skip. I completely agree with you, this one is a no brainer in my opinion. Did the calcualtion for the cash value the other day and it was almost .03! It is only a matter of time before they let this one go.
Posted by DDA on :
tic toc tic toc tic toc
Posted by tmanfromtexas on :
The mouse ran up the clock... 6 word K trains. LOL. TMAN...
Posted by kidpolio on :
decent volume looking for continuation tommorwwow
Posted by tmanfromtexas on :
Looks like I bought a tad too soon. POS. TMAN...
Posted by skip on :
quote:Originally posted by tmanfromtexas: Looks like I bought a tad too soon. POS. TMAN...
Admittedly, they are all POS's to a certain degree, but this one seems to have a little less of the S, in POS, than other OTCBB stocks do.
I am certainly surprised that it closed where it did with all the volume today.
I'm not sure why it sits at these levels considering it's balance sheet and low o/s.
I am certain it will have a nice run someday soon. If you bought at any price they flashed today, you should be fine...IMO
Posted by tmanfromtexas on :
I agree skip. this does have less S then other ones, it just doesnt make sense why it is in this range. Oh well, time will tell then we can sell. TMAN...
Posted by Jonus on :
I been loading this one for long time now. Snagged more today. I just knew this one was going to hit the pennys today. Oh well it will have its day and when it does I will be ready to bank large. Wish they would put out pr or something. Nice action with dissapointing close.
Second highest volume day in the last year for this one. Looks like there was a lot of buying today. Anyone who bought today should be good for AT LEAST a double from here. As we have said before, this *should* be trading over .03+, and that's based solely on it's cash value. Book value of this puppy is well above that. Considering P/E ratios (which is normally 10x book value, no?) this thing could easily be trading over a dime.
Nothing makes sense here in the wild west of stocks. What I have noticed with stocks like this (there are few), is that you shake your head for months, then one day, BAM!!
This is a prime example...
Posted by skip on :
ARCA back on the bid, excellent...
2 MM's to .007...
Posted by cactus33 on :
when this goes, it will go hard.. make investors eyes pop out, lol
it will be one for the ages..
jmho
Posted by Jonus on :
On bid all day with large order at .0033 Got nothing.
I'm pretty new at actually trading, but I have been watching, reading and learning for about a year and a half. I was in some renewable fuels plays, with little luck. I pulled most of my position in these stocks and wanted in on something with low float and at bottom. I got in today at .0035 and purchased most of the action today so far on SEWC. I really like what I see and think there will be a day soon we see this thing fly! Thanks Skip and others for some of the dd. Lets fly now!
Posted by JJMoneyman on :
Wow she's a quiet one today zzzzzz
Posted by cactus33 on :
just the way this trades
Posted by cactus33 on :
messin with this one today big time
Posted by skip on :
they always mess with this one.
mind boggling...
Posted by jdiddy on :
Posted by cactus33 on :
low floater, way it goes..
Posted by skip on :
.0029?? I'm buying more...
Posted by Jonus on :
Did someone else here get filled at twenty seven? It showing 500k only gave me 300k
SEWC(2007/05/08) Time (EST) Volume Price Exchange Bought/Sold Tran/Type Legend 11:48:33 500000 0.0027 - OTCBB
Posted by Jonus on :
Notice DOMS was seller at twenty nine only had 500k then moved up to seven lol.
Hope some others got some cheapies here thats the idea.
I am still going to sit bid. ARCA moving around a bit today
Posted by juice on :
ahhh piece of crap they never filled me at 29!!
Posted by cactus33 on :
probably shorting the pants off it, they cover on the way up, not down.. we'll see.
Posted by jdiddy on :
no fill for me either
Posted by jdiddy on :
ARCA moving alot of the ask
Posted by macmac on :
New 1 year low, I don't understand! Time to buy more from the way I see it.
Posted by Jonus on :
Wow ARCA on bid now. This thing must be getting close.
Posted by cactus33 on :
this could of been the takedown it needed before springing, dont know??
Posted by cactus33 on :
here comes ARCA, lol.. he's all over the place
Posted by jdiddy on :
ARCA moving up.....oh yeah
Posted by Jonus on :
No sellers at thirty five this one soooo close
Posted by Jonus on :
I am tempted to smack that thirty four and get this thang moving
Posted by cactus33 on :
go for it man, lol
Posted by jdiddy on :
move NITE let her ride
Posted by jdiddy on :
he must have heard me...lol
Posted by juice on :
what the hell .0034x.0039 now?? had orders at 3 and 29. now i put one at 34 for 20 min and no fill but nite moves on bid. lol
Posted by jdiddy on :
thin air after .0039
Posted by juice on :
4x5 this is killing me.... haha can't get a fill at all.
Posted by cactus33 on :
low float juice
Posted by DDA on :
low O/S - 17 million - est. float 7 million - come on : buy it LOL
Posted by cactus33 on :
probably short 30 million, lol
who knows??
Posted by jdiddy on :
here it goes... Posted by macmac on :
Come on baby, this thing is close. If we can get some volume, this things gonna explode!
Posted by juice on :
well i got into stnl at 5 so what the hell 17 mill o/s 7 mill float this thing will explode one day!
Posted by DDA on :
we have to make more noise ! LOL
Posted by DDA on :
look at the volume - last months over 40 million served with only 17 O/S - this one has had it's accumulation and will rock soon
Posted by skip on :
She's rumbling now....
Only a matter of time, the ask is soooo thin...
Posted by macmac on :
It feels like setting on the space shuttle on the launch pad. The numbers show anything under .005 is ground level and she's going to the moon!
Posted by cactus33 on :
no moon talk please..lol.. its the kiss of death imo
Posted by macmac on :
Sorry!! LOL!!!
Posted by macmac on :
BTW, I can't get filled at .004! 25 minutes no takers.
Posted by jdiddy on :
.005 FINALLY!!!!
Posted by juice on :
haha NITE always seems to hop on ask to scare off buyers. then POP
Posted by cactus33 on :
yea, he sux
Posted by Jonus on :
Wow look ARCA is at forty five with a 99 count. Wondering if news is soon something must be up.
Posted by macmac on :
Up 42% so far! Hopefully its just the beginning!
Posted by skip on :
Yeah, someone is hungry for shares, anything under .005 is good if you are patient, IMO...
Posted by Jonus on :
Dam NITE like to kick him in the teeth just took out ARCA 99 count. Party pooper
Posted by DDA on :
last time they were hungry it went to 0.2
Posted by bb money on :
No worries, this will go soon enough.
Posted by skip on :
Amazing, some of the craziest trading I have seen, wish I could watch those L2's at work!!
Posted by cactus33 on :
NITE just killed it, now ARCA back.. whew.. no kidding, some strange trading indeed
Posted by DDA on :
it's done this before - anybody any explanation ?
Posted by cactus33 on :
just normal day in the penny world DDA
Posted by juice on :
ok gimme 3's now pleasssssssse
Posted by Jonus on :
ARCA keeps raising bid one tic at a time anyone else ever seen this.
Posted by cactus33 on :
he's hungry.. crazy
Posted by skip on :
quote:Originally posted by Jonus: ARCA keeps raising bid one tic at a time anyone else ever seen this.
yep, but only when shares are scarce and somebody wants in bad...
My broker usually takes about 50k of my shares per day for shorting, so I know there is some short interest here...
Posted by DDA on :
quote:Originally posted by skip:
quote:Originally posted by Jonus: ARCA keeps raising bid one tic at a time anyone else ever seen this.
yep, but only when shares are scarce and somebody wants in bad...
My broker usually takes about 50k of my shares per day for shorting, so I know there is some short interest here...
How do you know ?
Posted by skip on :
quote:Originally posted by DDA:
quote:Originally posted by skip:
quote:Originally posted by Jonus: ARCA keeps raising bid one tic at a time anyone else ever seen this.
yep, but only when shares are scarce and somebody wants in bad...
My broker usually takes about 50k of my shares per day for shorting, so I know there is some short interest here...
How do you know ?
In my account activity log, I often show these transactions:
4/30/07 12:00 AM Margin STK SM -50,000 SEW CAL LOGO INC SEWC US
I asked my broker what that meant, and they told me that since I have a margin account, and I buy shares on margin, they can use my shares for shorting. Or, as they put it, "allowing other brokers to borrow my shares." Brokers all do this amongst each other and MM's, it's how the market stays liquid. You can bet that MM's didn't have the shares to fill those orders under .003 this morning, they had to get them from somewhere. People like you and me...
Posted by jdiddy on :
ask thinner then this morning...if NITE would only step off
Posted by skip on :
quote:Originally posted by jdiddy: ask thinner then this morning...if NITE would only step off
Once .004 is gone, it could really go, today has been some strange action, I love it...
Posted by jdiddy on :
ARCA moved from the bid to the ask at .0045
Posted by DDA on :
quote:Originally posted by skip:
quote:Originally posted by DDA:
quote:Originally posted by skip:
quote:Originally posted by Jonus: ARCA keeps raising bid one tic at a time anyone else ever seen this.
yep, but only when shares are scarce and somebody wants in bad...
My broker usually takes about 50k of my shares per day for shorting, so I know there is some short interest here...
How do you know ?
In my account activity log, I often show these transactions:
4/30/07 12:00 AM Margin STK SM -50,000 SEW CAL LOGO INC SEWC US
I asked my broker what that meant, and they told me that since I have a margin account, and I buy shares on margin, they can use my shares for shorting. Or, as they put it, "allowing other brokers to borrow my shares." Brokers all do this amongst each other and MM's, it's how the market stays liquid. You can bet that MM's didn't have the shares to fill those orders under .003 this morning, they had to get them from somewhere. People like you and me...
thx - didn't know the *******s were doing this !
Posted by jdiddy on :
all the games caused a huge spread
Posted by skip on :
quote:Originally posted by jdiddy: all the games caused a huge spread
Today was a charade to encourage sellers, the current spread just about proves it, IMO...
Posted by jdiddy on :
quote:Originally posted by skip:
quote:Originally posted by jdiddy: all the games caused a huge spread
Today was a charade to encourage sellers, the current spread just about proves it, IMO...
gives us oppourtunites for cheapies as well IMO...i agree
Posted by Jonus on :
Still closed up 14.29 percent. Got me some cheapies today I am happy. ARCA moved to bid eod
Posted by juice on :
nice jonus. I got some at 4 just in case tomorrow she moves.
reminds me of the old sljb. when it was like .002-.005 everyday, then boom .05, then .10, then .20. and that stock was a scam with way more O/S. who knows... of course most of us are looking for a nice flip play. good pick guys.
Posted by skip on :
What a day today, extremely volatile. Someone is trying to accumalate shares under .005. It has bumped it's head there twice in the last week or so of trading. DOMS is now sitting out at .007, so that is a good sign.
I would like to see it break through that .005, once it's passed there, it could really go...
Posted by dollar13 on :
YA THINK
Posted by skip on :
Glad to see you here dollar13! When you posted the quote below out of the blue on 2/19/07, this pup ran over 250% a few days later, sweet, thanks for posting again...
quote:Originally posted by dollar13: THIS POS IS NOT GOING NOWHERE FOR NOW, I'LL GIVE IT 2 MORE WEEKS ,TO PUT IT ON MY WATCH LIST
Posted by dollar13 on :
YES I REMEMBER THAT 30 MINUTES RUN
%^%^^%
Posted by dollar13 on :
SO WHAT IS YOUR POINT?
Posted by kidpolio on :
Wow looks like something happened today. My dad is in hospital I am up here with him. I missed trading today. Can someone please post the t/s and fill me in on what happend today not really clear.
Posted by bb money on :
quote:Originally posted by skip: Glad to see you here dollar13! When you posted the quote below out of the blue on 2/19/07, this pup ran over 250% a few days later, sweet, thanks for posting again...
quote:Originally posted by dollar13: THIS POS IS NOT GOING NOWHERE FOR NOW, I'LL GIVE IT 2 MORE WEEKS ,TO PUT IT ON MY WATCH LIST
Lol, I rememeber that also. Thanks dollar13, you might just be our lucky charm!
Posted by dollar13 on :
Lol, I rememeber that also. Thanks dollar13, you might just be our lucky charm!
DON'T HOLD YOU BREATH FOR TOO LONG.
Posted by dollar13 on :
THIS POS IS NOT GOING NOWHERE FOR NOW
I STILL THINK IT IS
Posted by dollar13 on :
YOU ALL BRING THE PAST AND I STICK WITH IT
Posted by dollar13 on :
QUOTE ME AGAIN
LMAO
Posted by DDA on :
you really bump yourself, don't you LOL
Posted by T e x on :
OH, is worse than that, lol...
googles himself to see if any posts showed up Posted by Jonus on :
quote:Originally posted by kidpolio: Wow looks like something happened today. My dad is in hospital I am up here with him. I missed trading today. Can someone please post the t/s and fill me in on what happend today not really clear.
ARCA was all over the place. First looked like a scare to shake some shares. He kept down ticking the ask tic by tic. Then when .0027 printed he then jumped to the bid and kept upticking it with a 99 count. ARCA kept bidding up till some one finally took out the 9999 at .0045. ARCA looked like a christmas tree most of the day was very strange trading day. Keep a close watch on this one. I suggest everyone get at least a starter here at this level. Because one of these day when we least expect it this one going to do a moon shot.
Posted by juice on :
aahah what a play by play.... like sports highlights or something! i got my orders in for the day. this time they better fill them!!
Posted by cactus33 on :
ARCA on the bid big again.. here we go again maybe, lol
Posted by juice on :
haha cactus ARCA jumping around, nowhere to be seen now lol. i guess we'll wait till the afternoon for some action again??.... crazy trade here.
Posted by cactus33 on :
NITE has it in a head lock, not going anywhere for now imo
Posted by macmac on :
It doesn't look like this company ever puts out any PR. Now would be a great time to come out with some good news!
Posted by cactus33 on :
very quiet company.. they have an IR dept though..
Posted by skip on :
NITE's bs'ing around now. Doubt he has many shares. Past performance indicates that DOMS is in control here. I think NITE is just asleep at the wheel...
I am just glad to see this stock getting more attention, once people find out about it, they tend to buy it.
Posted by moremula on :
Got some today at .004
Had to call it in though as etrade wouldnt accept it online
GLTA
Posted by JJMoneyman on :
Now if this baby would just get a little volume it'll run (I hope).
Posted by Jonus on :
ARCA just jumped bid at thirty one
Posted by cactus33 on :
1100 share block at the bid, lol b/w NITE and ARCA
Posted by juice on :
.0045x.0049 15k vol, lol this will bust at any time. be ready!
Posted by tmanfromtexas on :
I AM ready. TMAN...
Posted by skip on :
We are all ready, I can feel it rumbling all the way out here in Redmond... Posted by Jonus on :
Look at ARCA showed back up with that 99 count at forty four
Posted by Jonus on :
ARCA been wanting them bad for while now. Battle between ARCA and DOMS lol
I have a feeling ARCA will prolly jump DOMS
Posted by Jonus on :
DOMS jumped ARCA lol
Posted by cactus33 on :
DOMS and NITE short.. just a matter of them being forced to cover.. ARCA stirring it up wanting cheap shares
just the way i see it.. speculation..
Posted by cactus33 on :
quote:Originally posted by will: Something is not right here. Examine this stock and company :
According to the last From 10 filed: 12M shares, O/S 7M Float Revenues $566,033 Gross profit $110,151 Current Assets vs. Current liabilites $1,026,025 vs. $676,716, 1.5 /1 quick ratio Cash on hand $656,344
A low float penny company, with real revenues, and a profit, a positve quick ratio, cash on hand.
Someone isn't playing fair. I will buy every opportunity I get at .005 or under. This has winner written all over it.
Posted by macmac on :
I'm not an expert at trading these sub pennies as many of you are, but, at looking at a float this low, I'm holding about 300,000 shares. If there are 10 others on here holding the same, we've got a significant amount of shares tied up at under .005. If no one is selling until its .007 or better, demand has got to make this thing take off soon doesn't it? I say we all buy all we can get under .005 and hold for at least .007 or .01, and this thing gets some push, it has to take off. Am I looking at this wrong?
Posted by cactus33 on :
no.. you are on to something..
quote:Originally posted by macmac: I'm not an expert at trading these sub pennies as many of you are, but, at looking at a float this low, I'm holding about 300,000 shares. If there are 10 others on here holding the same, we've got a significant amount of shares tied up at under .005. If no one is selling until its .007 or better, demand has got to make this thing take off soon doesn't it? I say we all buy all we can get under .005 and hold for at least .007 or .01, and this thing gets some push, it has to take off. Am I looking at this wrong?
Posted by JJMoneyman on :
I got mine at 0.0033, just waiting for it to run. With the asks posted it's not going to take much to get this one to run.
Posted by cactus33 on :
DOMS is ruthless
Posted by tmanfromtexas on :
Is it dilution day? TMAN...
Posted by BuckyBarnes on :
bid ask .004 x .0045
Posted by JJMoneyman on :
.0045 x .0049
Posted by bb money on :
.005 Posted by tmanfromtexas on :
Tried to get some in the 3s but they werent playing nice. TMAN...
Posted by JJMoneyman on :
I tried again for more in the 3's when it dipped but no takers. Now she's sitting at .005 x .0055
Posted by tmanfromtexas on :
.0055
Posted by macmac on :
Over 2mm volume! Only the 3rd time in several months.
Posted by cactus33 on :
and ARCA right back on the bid again
Posted by skip on :
Set my bid for more yesterday at .0032, hoping they would do one more quick dip. They did, but only to .0033, lol...
Posted by Jonus on :
Three at five with ARCA ontop
Posted by JJMoneyman on :
I had a bid in this morning at 0.0033 and but I didn't get any either.
Posted by will on :
Enjoy what's coming.
Good luck !
Posted by tmanfromtexas on :
I am not enjoying this too much right now. lol. I am trying to get some more cheap though. I doubt I will get lucky again. TMAN...
Posted by JJMoneyman on :
If we ever get anybody trying to buy some volume we should be sitting pretty. But they are just playing with this thing the last few days.
Posted by skip on :
They filled me at .0032 for 100k more, I can't believe it. Thanks MM's!
Posted by retiredat49 on :
Looking at the L2's...you should be able to sell now at the bid for a 20% gain...
Posted by JJMoneyman on :
I can't believe you got filled, that's great!
Posted by skip on :
quote:Originally posted by retiredat49: Looking at the L2's...you should be able to sell now at the bid for a 20% gain...
yeah, that's pretty awesome. Not gonna waste a round trip on this one, though.
It's got more potential methinks...
Posted by cactus33 on :
some nice buying on this today, may get some mm attention
Posted by macmac on :
I wish I could buy more today at these prices. No funds available!
Posted by cactus33 on :
i tried for some shares today but no luck, had some nice action..kind of painted around, but DOMS on the bid was really nice to see. undervalued at these levels imo, so not too worried
jmho
Posted by tmanfromtexas on :
Some one is playing with this one again. went from .0035 to .006. Went back to 4 on a 100 share trade. TMAN...
Posted by cactus33 on :
yea but .004 ask was taken out and its the bid..lets see if it holds, no way im selling down here
Posted by skip on :
One of these days this thing is just going to explode...
for now, it's a patience tester...
Posted by tmanfromtexas on :
I aint sellin either. TMAN...
Posted by skip on :
Looking good today guys. Let's make a deal, no one sell...
ok, you don't have to play along, but I would guess we have half the float with the members on this message board alone. If we hang tight, I think the prize could get much better...
Posted by macmac on :
I'm holding, nothing in this $ range is worth us giving up half the float. mac
Posted by JJMoneyman on :
I'm floating
Posted by skip on :
Had an order in at .0031 since last week, good volume today and they took it down to .003, but didn't fill me... interesting...
MM's covering??
Posted by tmanfromtexas on :
Maybe you were the very last in line skip. lol. I dont know, maybe they are covering. This stock has to have its day. The question is when??? TMAN...
Posted by cactus33 on :
when you sell and give up, thats when.
quote:Originally posted by tmanfromtexas: Maybe you were the very last in line skip. lol. I dont know, maybe they are covering. This stock has to have its day. The question is when??? TMAN...
Posted by tmanfromtexas on :
That is my luck cactus, that is why i have 74 stocks in my portfolio and cant pull the trigger on any of them. LMAO!! J/K. That has happened to me more times then I can count now, so I will just be patient. I have a few shares and am just waiting. We will have our day. TMAN...
Posted by tmanfromtexas on :
Wow, no trades today. Maybe we should all gang up on this one tomorrow lol. TMAN...
Posted by cactus33 on :
hmmm, ask .003 ?
Posted by cactus33 on :
ohhh now its got the jiggles
Posted by skip on :
I got more...
Posted by cactus33 on :
giving them away under .003, wow
Posted by cactus33 on :
well, that was quick, lol
Posted by skip on :
quote:Originally posted by cactus33: well, that was quick, lol
Little favor between MM's; I have had an order at .0027 for a while and they didn't touch it today...
Posted by cactus33 on :
Posted by cactus33 on :
Posted by cactus33 on :
oops, lol
Posted by Jonus on :
ARCA bidding I think this one almost ready to fly
Posted by Jonus on :
ARCA on bid with huge number and just now moved to the ask at a nickel
Posted by JJMoneyman on :
I tried to nibble some more up this morning but couldn't get any bites. Still riding this one with the shares I have so hopefully it'll run.
Posted by skip on :
Nice, L2's looking much better now...
Grabbed more yesterday when they flashed that cheap ask...
My ONLY long term OTCBB hold...
Posted by Jonus on :
No sellers at .0031
Posted by JJMoneyman on :
No buyers either. If we ever got a buyer for any quantity this this would grow wings.
Posted by cactus33 on :
someone playing games, bs
Posted by Jonus on :
ARCA trying to shake em out
Posted by cactus33 on :
flashing
Posted by cactus33 on :
someone i know is thinking of filing sc-13d on this one, trying to iron out os numbers beforehand. not sure if its feasible.
we'll see
Posted by tmanfromtexas on :
Refresh my memory cactus? what is a 13d. TMAN...
Posted by cactus33 on :
google it
Posted by tmanfromtexas on :
Whats that... TMAN...
Posted by dollar13 on :
IT'S A SEC FILING
Posted by moremula on :
heres an example from ETLS
ETLS -- eTotalSource, Inc. Com (No Par)
UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549
Mark A. Uram 11223 Cameron Parkway Orland Park, IL 60467 (312) 342-0782
(Name, Address and Telephone Number of Person Authorized to Receive Notices and Communications)
Copy To:
Mark A. Uram 11223 Cameron Parkway Orland Park, IL 60467 (312) 342-0782
November 30, 2006
(Date of Event which Requires Filing of this Statement)
If the filing person has previously filed a statement on Schedule 13G to report the acquisition which is the subject of this Schedule 13D, and is filing this schedule because of Rule 13d-1(b)(3) or (4), check the following box |_|.
SCHEDULE 13D
----------------------- -------------------------------------------------------- 1 NAME OF REPORTING PERSON
Mark A. Uram ----------------------- -------------------------------------------------------- 2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (a) |_|
----------------------- -------------------------------------------------------- 4 SOURCE OF FUNDS
PF ----------------------- -------------------------------------------------------- 5 CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEMS 2(d) or 2(e) ( ) ----------------------- -------------------------------------------------------- 6 CITIZENSHIP OR PLACE OF ORGANIZATION
Illinois, USA ----------------------- -------------------------------------------------------- NUMBER OF SHARES 7 SOLE VOTING POWER BENEFICIALLY OWNED BY EACH REPORTING PERSON 8,475,000 WITH -------------------------------------------------------- 8 SHARED VOTING POWER
0 -------------------------------------------------------- 9 SOLE DISPOSITIVE POWER
8,475,000 -------------------------------------------------------- 10 SHARED DISPOSITIVE POWER
0 ----------------------- -------------------------------------------------------- 11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
8,475,000 ----------------------- -------------------------------------------------------- 12 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES ( ) ----------------------- -------------------------------------------------------- 13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
10.57% ----------------------- -------------------------------------------------------- 14 TYPE OF REPORTING PERSON
IN ----------------------- --------------------------------------------------------
Item 1. Security and Issuer
This statement relates to shares of common stock, no par value per share (the "Shares"), of eTotalsource, Inc. a Colorado corporation (the "Issuer"). The Principal, executive office of the Issuer is located at 1510 Poole Blvd., Yuba City, CA 95993.
Item 2. Identity and Background
Not applicable.
Item 3. Source and Amount of Funds or Other Consideration
All Shares were acquired through cash purchase in open market transactions.
Item 4. Purpose of Transaction
The Reporting Person acquired the Shares for personal investment and invests independently of investment advice given by investment publications or investment relations personnel. The Reporting Person does not have present intentions of selling, granting any participation in, or otherwise distributing the acquired Shares.
(a) The Reporting Person may continue to increase his position if the issuer continues to issue shares though its convertible debenture agreement, with Cornell Capital Partners, LP (Cornell), of which 225,000,000 shares of common stock are to be issued upon the conversion of the November 2005 Debentures, as described in the filing of its SB-2, filed with the Securities and Exchange Commission (SEC) on December 30, 2005. Through November 4, 2006, Cornell has converted $62,500 of convertible debentures into 29,373,865 Shares of common stock.
The Reporting Person has no present plans or intentions which would result in, or relate to, any transactions as described in subparagraphs (b) through (j) of Item 4 of Schedule 13D.
Item 5. Interest in Securities of the Issuer
(a) - (b) As of November 30, 2006, Reporting Person was the record and beneficial owner of 8,475,000 Shares, representing 10.57% of the issued and outstanding Shares, as stated in the 10Q, filed on December 21, 2006, for quarter ending September 30, 2006. As of November 4, 2006, the company had 80,168,019 common Shares issued and outstanding. Reporting Person has sole power to vote and to dispose or to direct the disposition of all his Shares.
(c) - (e) Not applicable.
Item 6. Contract, Arrangements, Understandings, or Relationships with respect to Securities of the Issuer
Not applicable.
Item 7. Material to be Filed as Exhibits
Not applicable.
SIGNATURE
After reasonable inquiry and to the best of the undersigned's knowledge and belief, I certify that the information set forth in this statement is true, complete, and correct.
thanks dollar and moremula. I "googled" it on yahoo and found the info I was asking for. TMAN...
Posted by skip on :
It's a filing that shows beneficial ownership of shares. If a person owns 5% or more of the outstanding shares, they are "required" to file a SC-13. This allows the company and the SEC to know who has a voting interest in the company.
With an o/s and price as low as SEWC has, I bet there are a few people that easily have 5%+ of this o/s. And, if that is the case, then there has been some naked short selling going on, because theoretically, that shouldn't be possible...
bear in mind, one would only need to own 885,000 shares to have 5% of the current o/s...
Posted by tmanfromtexas on :
I agree with you Skip that many folks probably own more than 5%. with 17mm shares o/s 5% would only be 850000 shares or 2400 bucks at todays prices. I dont understand the NSS comment though. The volume hasnt been that much over the last few months or am I missing something? TMAN...
Posted by Jonus on :
Just picked up some more at twenty nine. Grabbing all i can
Posted by dollar13 on :
YOU GUYS GOING TO BE RICH
LOADING UP ON EVERY DIP, NICE STRATEGY
GL
Posted by cactus33 on :
lotta shares flying around
Posted by cactus33 on :
another 500000 in vol would be nice, i dont care where it finishes..
Posted by Jonus on :
As of today I now own 3,785,010 shares at an average cost of .0036 Been sitting bid under three everyday for damn near four months now.
I will continue to sit on bid. Anything under three is a gift. I do not understand why this one trades so low like this but one thing I do know is that one day it will be trading in the penny's and I will be there making serious coin.
I was not at my trading desk today. My mother has been sick and I have been taking care of her. She lives in the country no broad band avalible. While she was napping I hooked my laptop up on the phone line to check my account. I saw that SEWC had an ask of .0029 So I immediatly put in an order for 500k . They only gave me 310k and I was also on the bid for 500k at .0026 .0027 and .0028 I noticed that a trade went through at .0028 for 500k but they never filled me at all.
They are very scarce with em way down here.
DOMS ARCA and Citigroup Global Markets Inc. Have been working this one for months now. I believe that our day is coming sooner than later.
Pipeline Posse SewCal Logo / Web / Los Angeles / July 2006
Sew Cal Logo approached us with an interesting proposition. They had just bought the rights to the merchandising of Pipeline Posse, a famous Hawaiian surf crew, and they needed a website. They would trade us t-shirt printing in return. Having long been wanting to revive StolenShirts, and eyeing field-trips to Hawaii, we figured what the hell.
Being a huge David Carson/Raygun fan, i couldn't help but pay tribute to his style when creating the look and feel for the site.
Sure wish they would come out with some awsome news on some of their projects.
Contact with our target market has been initially established in several major surf publications through personal interviews with our athletes as well as editorials on The Pipeline Posse itself. Print and on-line advertising campaigns have commenced in both industry related magazines and websites. We have also published and activated PIPELINEPOSSE.COM, our website which features up to date information on the athletes, activities, photo and video galleries, an active news ****, related action sports links, and a fully developed online store. The secure site and shopping capability has been recently activated to accept credit cards and offer shipment of merchandise worldwide. A multi- faceted major advertising and marketing campaign is being budgeted and developed for launch in early 2007 and professional sales organizations are being interviewed and considered for representation and distribution of the brand both domestically and worldwide.
Posted by lostone on :
u own more than today's volume.. wow..
Posted by skip on :
He also owns 21% of the o/s. 3.78mil out of 17.7mil...
I know another person that owns about 16% of the o/s.
Note that with a float of 13mil, these 2 folks own about 45% of the tradable float. Now, I am sure they aren't the only ones with significant holdings. Heck, even guys like me are holding 2-3%. And I know there are many others with few hundred thousand shares as well.
TMAN asks why I mention naked short selling. Well, my thought is that if there are only about 5-7mil shares tradable out there (assuming that the big holders aren't selling, and that is a high estimate) when we have 2mil trading days, shouldn't the price skyrocket, or plummet? Either the company is dumping (which I am sure that they are selling some, but not tons), or someone is not playing fair. DOMS always has plenty of shares to sell. Considering that the public is holding a considerable amount of the o/s, where is DOMS getting those shares?
SEWC is one of the few stocks out there with a low o/s, and a really low price, with virtually no dilution present. It could possibly be the stock to expose what really goes on in the penny markets...
This is just my opinion, and in any case, there is no debate that SEWC is very undervalued. It is the only penny I always have a position in...
Posted by cactus33 on :
Jonus, you have have some ballz coming out with your share count. i find this really interesting b/c i own 2.1 mill shares, looks like you have me beat, lol.. seems we own a substantial amt of the float looking at the last filing. I would never come clean on how many shares i own, but on this one i am intrigued, i'll risk it..
not sure if they have added shares to the OS. DOMS is really aggressive on this one, i would think dilution, but i notice how he swings from the ask to bid in a heartbeat. DOMS had the spread in a headlock today. might be some dilution before this roll-out, dont know. regardless, with this much of the float tied up it should fly on buying pressure, thats been my thought all along. and i really think skip is onto something, but never know. this is more than a flip for me, i want much higher.. well jonus, i am thinking we hear something soon too, this recent info makes things interesting. I hope your mom gets better btw.. PM me if you need to, about any questions regarding this.. be well.. I'll buy more too btw, lol
Posted by skip on :
You two own 3.78 and 2.1 million shares each, respectively. That is a total of 5.88 million shares. That's 33% of the o/s and 44% of the reported float. That's pretty amazing.
SEWC is good, but not perfect. I mentioned that they don't have much dilution, and that's true, but they have some. They have a 26mil sb-2 out there from 5/06. At that time the o/s was 5.9mil. So, fully diluted, they would be at approximately 32mil. The o/s a year later (April) was 17.7mil. So, they diluted about 1mil shares per month over the year. I assume they are doing the same thing now. So, the o/s is likely around 20mil in my estimation, with a float of around 16mil. Again, a couple of traders here have 5.88 mil, just between two of them. That is a significant portion of the float. Someone else comes along and dumps $5-10k into this, and it's gone. Not sure where the market makers would get the shares to fill that kind of dollar volume?
I'm not trying to read too much into this, don't get me wrong. I understand the short selling is a part of a market maker's job, they have to keep the liquidity of the market. Moreover, I am just interested that a stock down here is cheap enough that folks can own a voting interest in the company for a few grand. That is pretty amazing to me. And, they aren't that bad of a company either, go check the Q, there are pretty significant revenues there.
This one has intrigued me for some time, very interested to see what happens with this one. Definitely a rarity.
Hope to see both of your SC-13 filings on pinksheets.com soon! Posted by DDA on :
add 500K from me (all small parts count as well - LOL)
Posted by tmanfromtexas on :
Thanks Skip for the explanation of your idea of the nss. The total trade volume for the year according to the otcbb web site is 61,770,660 with sbsh and doms leading with 20mm shares traded each, and nite behind at 15mm. For the OS to trade 3 1/2 times nss could be the issue or dilution. Dont get me wrong, even if they doubled their OS to 34mm it is still a very low OS for an OB stock, but it still reduces the amount the stock is worth. I would love for it to be short selling but I guess we will know what the new share structure is when they file. Thanks again for all the information and for the record I am bring up the rear with a measley 200g shares. lol. TMAN...
Posted by kidpolio on :
SEWC one four left wow you guys are lucky
Posted by JJMoneyman on :
Go baby go!
Posted by cactus33 on :
someone flipping this all around, patience
Posted by JimSC on :
IVGR printing over .01 today, VCTY .014, lmao.. and sewc * .003..unreal..really just unreal to me
Posted by JimSC on :
Her turn will come soon. I have been watching SEWC for several weeks, now it fits the Bottom-plus-volume model very well. The DDs of Will and Skip are very helpful.
quote:Originally posted by will: 12M O/S // 7M Float // Revenues $566,033 // Gross profit $110,151 // Current Assets vs. Current liabilites $1,026,025 vs. $676,716, 1.5 /1 quick ratio // Cash on hand $656,344.
I am first to say pennies don't move on fundementals, but good financials sure can't hurt. This looks like it could be a real company. If you don't believe that, then at least believe it shouldn't be trading at .01 or less. It's one of the better Form 10's I have ever seen for a penny stock. Closed at .009, I'm in it, any weakness in the PPS and I will double my position. If this doesn't run, and if this deserves to be at .01 or less, then their isn't ANY level or fair playing field left in pannyland.
This is what a penny player should look for : Low O/S Lower Float Increased volumes Declining price Oversold condition No history of dilution (Grant it, there is an open SB-2 fo 27M, but it doesn't appear to be active, yet) (Saw the increase in A/S, means nothing right now)
This will run before they dilute. If it doesn't, then I will own a WHOLE BUNCH of nothing, and have egg on my face.
quote:Originally posted by skip: Here is one to watch...
SEWC
At November 30, 2006, there were 12,074,036 shares of the registrant's Common Stock outstanding.
BTW. Make sure you get in before JU does - he always makes stocks move very fast these days. LOL.
Posted by cactus33 on :
thanks for input Jim, nice you like it, yep, wills always liked this one under .005. Ive done well on his plays, so im sitting tight. just amazes me when something like IVGR prints .015, lol.. and sewc sux..but thats just nature of pennies. ive learned that.. be well
Posted by JimSC on :
Hey, cactus, just be patient and wait for SEWC's turn. They started the thread of IVGR in early April. So they have been patiently waiting for IVGR's turn. The level 2 for SEWC is very thin up to 0.035.
Jim, i was actually very familiar with ivgr, flipped it many times.. i just bought it at .0011 and sold at .0017.. i thought i did great, lmao.. green is green i guess, I appreciate it, you are keeping me cool on this one, and i am trying to clear some money.. i will go head on into that .004 ask, SEWC.. it is risky.. but it may be all it takes.. be well
Posted by JimSC on :
Great job on IVGR, Cactus. We can learn from the run of IVGR the power of a low floater coming up from the bottom. SEWC fits this criteria very well:
SEWC: 0.0038 Shares Outstanding: 17.76M Float: 7.84M Held by Insiders: 55%. Market capital: 67 K$ 52-week high: 0.50
Posted by cactus33 on :
it should be close, everyone is ready to give up and discouraged, exactly what mm's want, lol
jmho
Posted by Jonus on :
quote:Originally posted by cactus33: it should be close, everyone is ready to give up and discouraged, exactly what mm's want, lol
jmho
exactly right. They are evil bastages. lol
Have not sold a single share. I will only sell in the penny's .
Posted by DDA on :
I'm still here as well - financials should be due soon
Posted by tmanfromtexas on :
Last year' 10Q was filed 5 days late. It is due on the 15. Maybe we will see it Monday. Dont be surprised if there is more OS than the 17mm listed in the last 10q imo. TMAN...
Posted by tmanfromtexas on :
The MM's are funny on this one. I put in a small order at .0026 they bumped the bid to 26. I changed it to 27,28,29 and each time they bumped to my price. They did that yesterday as well. Oh well no cheapies today. TMAN...
Posted by skip on :
quote:Originally posted by tmanfromtexas: Last year' 10Q was filed 5 days late. It is due on the 15. Maybe we will see it Monday. Dont be surprised if there is more OS than the 17mm listed in the last 10q imo. TMAN...
yup. My guess is that the small amount of dilution on file will be 90% done. I expect an o/s close to 30mil (31mil would be fully diluted)
Posted by DDA on :
Form NT 10-Q
SEW CAL LOGO INC - SEWC
Filed: July 13, 2007 (period: May 31, 2007)
Notification that form type 10-Q will be submitted late
Posted by skip on :
yep, crappy. let's hope that NASD doesn't invoke rule 6530...
Posted by skip on :
Bought more cheapies today in the low .002's...
When will this piece have it's day in the sun???
Posted by tmanfromtexas on :
Hopefully they wont since they havent been hit with the dreaded E that I can find. I think that they need to put a few PR's out that explain what the company is doing. That would help get people interested I believe. Oh well, I will just add when I can. TMAN...
Posted by cactus33 on :
not good when DOMS is willing to fill so many shares this low, the ask is slowly coming down and down. now near .004 is a double. No adding for me as im a little concerned about naked selling. maybe dilution, but the weekly chart is on a death spiral. and its got naked short written all over it. i still really like the filings and can not figure pps out. as for rule 6530, what can you say except company are idiots. but I think if something was going to happen it would have already, the day they missed filing, who knows, nothing surprises me in penny pos world, lol.. all i can say about SEWC right now though is what a POS ! lol
State the number of shares outstanding of each of the Issuer's classes of common equity as of the latest practicable date: At May 31, 2007, there were 27,080,702 shares of the registrant's Common Stock outstanding and 300,000 shares of Series A Preferred Stock outstanding.
Posted by tmanfromtexas on :
You beat me to it Cactus. lol. They are expanding, with the new pipeline posse line, they have added an additional 10000 feet of work space and are expecting increased revs. So maybe we are in the right place at the right time. Also the OS did go up but not as much as I thought. Now if they will just PR their new line and get it in the mainstream media that would help imo. TMAN...
Posted by cactus33 on :
thanks for that info, good news, I just glanced at it, little busy. well its still a solid little company. yes, some sort of pr to put the company on the radar would be nice. seems like something may come with pipeline posse, thats the best bet for pr i guess. take care
Posted by skip on :
quote:Originally posted by skip:
quote:Originally posted by tmanfromtexas: Last year' 10Q was filed 5 days late. It is due on the 15. Maybe we will see it Monday. Dont be surprised if there is more OS than the 17mm listed in the last 10q imo. TMAN...
yup. My guess is that the small amount of dilution on file will be 90% done. I expect an o/s close to 30mil (31mil would be fully diluted)
27mil o/s this time around, man I'm good!
They are still cranking out revenues, O/S still under control.
I still feel good about this one, it WILL have it's day...
Posted by Jonus on :
I am going to hit the .0029 in 15 mins
Posted by Jonus on :
going to raise the bid now this biatch is going to run or i will run it myself
Posted by Jonus on :
I am ARCA please sell to me biatches
Posted by Jonus on :
going to raise the bid to .oo28
Posted by skip on :
you da man Jonus! take 'em on!
Posted by Jonus on :
no sellers at twenty seven hmmmmmmmmmmmmmm
Posted by Jonus on :
who is on the the bid hmmmmmmmmmmmmm wonder who
Posted by Jonus on :
PLease sell me at three please dont make me beg
lol
Posted by skip on :
Considering 33%+ of the o/s is held by just a few members of this board, I don't think there are a lot of "real" shares out there...
Posted by skip on :
DOMS went to .01, nice!
up 73% now
Posted by Something Out Of Nothing on :
Why is scottrade telling me " Unable to enter the order because the limit price is not valid. Orders for Listed stocks may include up to two decimal places."
This is Crap. Is there something I don't know. I am new to this.
Posted by JJMoneyman on :
Ok a little more and I'll give mine up
Posted by bb money on :
Looking great, loving DOMS moving off the ask!
Posted by skip on :
Holding for much higher here, I am NOT one to invest in pennies, but I think SEWC goes a lot more than this...
Posted by skip on :
MM's have be in deep doodoo on this one... No other way to explain it...
I agree skip, I was figuring that the OS would be between 32 and 35mm. 27 is more better. Hell 20% of the OS has traded just today and it craps back to 3. WTF??? I still dont know enough to figure out why this would drop like a rock unless the MM's need shares in a bad way. Any ideas are appreciated. TMAN...
Posted by cactus33 on :
i just think people flipped the crap outta it, it should form a decent base again here from all the buying earlier, I have no idea who sells at .003 here after that run, but what can you do?
Posted by cactus33 on :
if NITE moves it has a good chance of forming a base at .004 x .0045 again. jmho
Posted by tmanfromtexas on :
amazing!!! up 52% on 20X daily volume and there is no real pumping on any of the bb boards. LOL. If this was a POS pink we would all be in it. heheh. TMAN...
Posted by Jonus on :
Freaking dirt cheap here unreal
Posted by Jonus on :
I know NITE dont have many
Posted by cactus33 on :
he seems to have plenty for some reason
Posted by Jonus on :
I could not help it i had to snagg a few it will rock one day
Posted by tmanfromtexas on :
I got some today too. Couldnt pass it up. If I am not careful this may either make me rather happy or very sad. lol. TMAN...
Posted by Jonus on :
what the fock is going on here where are the shares coming from scratching me freakin head on this one. sum body please tell me
Posted by cactus33 on :
naked shorting probably
Posted by Jonus on :
with the bid support looks like they tempting you to buy at ask then they drop it freaking weird ass trading
Posted by cactus33 on :
its manipulation and shorting im thinking jonus, it has to be
Posted by tmanfromtexas on :
I dont normally agree with the shorting idea BUT this one may change my mind. As long as they arent dumping we should be ok. TMAN...
Posted by Ramius on :
I have a buy in at .0025. Not getting filled so far.
Posted by cactus33 on :
tman you should do some DD, naked short is rampant on the penny, problem is too many BS companies and ceo's claim NSS, and its just to get people to buy there bloated stocks, LDHI for example.
plus you have amatuer investors that claim short, short squeeze all that bs, so no one believe in NSS. no one knows how short a stock really is, no one knows if short squeeze coming. no one but few mm's. all those squeeze web sites are fos too imo.. but man i am telling you NSS is rampant imo.. just how i see it
Posted by skip on :
I am still just exercising patience, it's obvious something is not right here, not sure what it is, though. Generally, when I think that, the stock takes off at some point and I think "I knew something wasn't right there..."
DOMS is still sitting out at .01, BTW...
Posted by Jonus on :
ARCA jumped the bid with 999 this one like coil spring i believe now
Posted by Jonus on :
GET lost NITE let this puppy bounce like we all know it will
Posted by Jonus on :
VOLUME oh yes its like sooooo freaking close now all we need is a big ole fhat juicy pr and we bust up in the pennys oh yaaaaaaaa
Posted by tmanfromtexas on :
quote:Originally posted by cactus33: tman you should do some DD, naked short is rampant on the penny, problem is too many BS companies and ceo's claim NSS, and its just to get people to buy there bloated stocks, LDHI for example.
plus you have amatuer investors that claim short, short squeeze all that bs, so no one believe in NSS. no one knows how short a stock really is, no one knows if short squeeze coming. no one but few mm's. all those squeeze web sites are fos too imo.. but man i am telling you NSS is rampant imo.. just how i see it
Cactus, that is why I have a hard time with NSS. stocks sitting at .0001 and people screaming its NSS. It cracks me up now but when I first started I believed it and cost me money as the stock would RS and leave me being the bagholder. Now as far as just shorting a stock, I believe it happens but again (and I am not arguing) who would be crazy enough to short a stock at this level when .0000 is not far from here and the opposite is the sky limit? Also who can actually short an OB stock in the states? Why would the MM's do it? If no one is able to short these type of stocks, ie. no demand, no supply then where does that leave us. We know they upped the OS 10mm shares over the last 3 months. What is saying that they arent now? If they are then the stock will continue to fall and my money is falling with it. I just dont know. I keep adding at this level praying I am making a good decision. If they would give us some info it would be greatly appreciated. TMAN...
Posted by skip on :
By my calcs, the dilution on file tops out the o/s at ~31mil fully diluted.
We were at 27mil last filing.
We just had 10mil volume in the last 2 days.
Close?
I think so...
Posted by cactus33 on :
man its different than some guy like you and me shorting from our home. look, heres some info. I have no idea if NSS is happening to this stock, and dont really want to get carried away with the subject at all, but every pennie investor needs to learn about it, unless they want to throw there $ down the toilet. I do know a broker that claims 80-85% of these pennies are riddled with NSS, and i believe him. actually its worth emailing this senator guy, at least he gets it. Like i said is SEWC NSS victim, who knows. no one knows for sure. there is always money to be made on the penny, but it helps to know what your up against... take care, and thats all i got on NSS, lol..btw i still like this pos SEWC, lol
Sen. Bennett Renews Call for Hearing into Stock Market Fraud
(more and more pressure going to happen)
Printer-Friendly article from www.FaulkingTruth.com Investing 101 - Jul 21, 2007 - Sen. Bennett Renews Call for Hearing into Stock Market Fraud by Mark Faulk
In a speech on the floor of the U.S. Senate today, Senator Bob Bennett (R-UT) called for Senate Banking Committee Chairman Chris Dodd to conduct a hearing into stock market fraud, specifically addressing the issue of naked short selling. Sen. Bennett has been a long time proponent of stock market reform, and was instrumental in proposing a Senate Banking Committee hearing into naked short selling as early as late 2004, which were eventually shelved by then Banking Committee Chairman Sen. Richard Shelby (R-AL). He said that Sen. Dodd, who has entered the 2008 Presidential election, was willing to conduct a hearing into the issue:
“I think it is serious enough that we ought to have a hearing about this in the Banking Committee, and I have spoken to the Chairman of the Banking Committee, Senator Dodd, and asked him if it wouldn’t be possible for us to have much of a hearing at some point in the future, and he’s expressed a willingness to do that. I can understand, we can’t set a time for that right now. There are too many other things going on in the Banking Committee, but I’m delighted to know that he’s willing to cooperate with us in examining this. And I would like to suggest several things that I would like to discuss at that hearing.”
A source close to the issue said, “Senator Bennett has spent an enormous amount of time studying this problem, he’s intimately familiar with the abuses in the stock market. This speech is his opening salvo.” He went on to say that “We need an avalanche of letters and emails from every state in the Union going to every member of the U.S. Senate, urging Sen. Dodd, the chairman of the Banking Committee, to hold the hearing on Sen. Bennett’s recommendations.”
After first explaining the basic issue of naked short selling to his fellow Senators, Sen. Bennett then addressed the SEC and the creation of the DTCC, and their role in trade settlement, and how the need for a system to facilitate trade settlement led to the creation of the DTCC, or the Depository Trust and Clearing Corporation. He said that the while the DTCC is regulated by the S.E.C. that” I don’t think that last statement is true. I’m not sure that the S.E.C. has control over the DTCC. He then quoted from a Wall Street Journal article that said, “Almost all stock is now kept at the company central depository and never leaves there. Instead, a stock buyers’ brokerage account is electronically credited with the securities entitlement. This credit can, in turn, be sold to someone else.”
Then Sen. Bennett described how electronic settlement, which he called “replacing paper with electrons,” can “provide cover for naked shorting of the stock” because shareholders are given an electronic credit for the purchase instead of physical delivery of the shares. From there, he described how electronic trading, and the DTCC’s practice of keeping shares in what has become known as the “DTCC Borrow Pool,” invites manipulation of the system:
“So this happens: a short seller enters the market and says, “I want to short—I want to sell 1,000 shares of XYZ stock so at some point he has to produce 1,000 shares to cover his sale. How do you do that? You borrow the shares. And then you buy them back at some future time. All right. From whom do you borrow them? The DTCC. They have all of the shares on deposit. So you go to the DTCC and you say, I want to borrow 1,000 shares of XYZ stock. They say, fine, we have them on deposit and will lend them to you so you can use them for your ‘short’ sale. All right, everything’s fine. Except that, in this electronic age, it is possible for you to keep shuffling around the electronic impulses that represent the stock and never, ever, have to buy it back. Stop and think about that, Mr. President. That’s a pretty good business plan. You can sell as much as you want and never, ever, have to pay for it. You could go in, the stock trading at $5 a share. You go in and sell 1,000 shares. You paid $5,000 for selling 1,000 shares and you never have to buy them. Because you are constantly moving around the electronic impulses that represent those shares. You never have to cover.
Now, when you talk to the DTCC people they say ‘No, we always make sure that there is a delivery and if there’s not, it’s not our fault. It’s not our responsibility to police this, it is up to the brokerage house to do this.’ The S.E.C. has spent enough time looking at this and enough time talking to me that they issued to me a three-page letter outlining the steps they have taken to stop the practice of ‘naked short selling.’”
After talking about recent rules implemented by the S.E.C. in an effort to deal with the problem of naked short selling, he talked about another method of circumventing the rules, a scheme that is commonly referred to as “stock kiting,” where two brokers pass shares back and forth between themselves, with each one holding the shares for thirteen days, the limit before forced settlement of the trade, and then passing it back to the other broker, where, according to Sen. Bennett, “they ping-pong these back and forth as long as they want. So you can have a situation where people are selling shares that don’t exist, taking commissions on the sale, and the profits of the sale, and never ever having to produce the shares.”
Bennett also said “I think a Congressional hearing is a good place for those who are running the DTCC to explain to us how it really works. And I would like the S.E.C. to come in and give us their background and information as to how their rules are working to try to stop the naked short selling.”
He laid out a number of proposals in his speech, including “a rule that says that brokers cannot borrow for short sales more stock than is on deposit with the DTCC. I think that’s just obvious. If there are 3 million shares of XYZ company on deposit at the DTCC, people should not be able to short sell 4 million shares…So my first recommendation would be that the DTCC cannot make available loans for short sellers more stock than they have on deposit. Once they have reached the point that 100% of the shares they have on deposit have been loaned out, they can’t loan out anymore. I think that’s just an obvious, commonsense recommendation, but it doesn’t apply now.” He also said, “there ought to be a rule that says that a broker cannot be paid a commission on a short sale until the shares are delivered.”
"It does not involve very many people, but for the people—to the people who are involved, it, frankly, can be a matter of life and death. And there are enough of them starting businesses and creating entrepreneurial activities in the United States that we owe it to them to find out exactly what is going on with respect to this.
That’s why I’ve asked Chairman Dodd to consider a hearing on this matter, to let us hear from the S.E.C., to let us hear from the DTCC, to let us hear from those in the marketplace who have actual experience with this and see if the present S.E.C. rules are sufficient or if we need to do additional things around the lines of the two items that I have suggested.”
Our anonymous source, who has spent years behind the scenes working for stock market reform, stressed that the hearing could hinge on the level of response from those who have been affected by stock market fraud, saying, “There’s been no bill introduced, but Senator Bennett is prepared to introduce a bill if these issues are not resolved. We need a nationwide campaign to get people to write their senators urging them to tell Sen. Dodd to hold hearings into the issues that Sen. Bennett addressed in the U.S. Senate today.”
TAKE ACTION NOW!!! WITHOUT YOUR HELP, WE WOULD NOT BE TALKING ABOUT THIS IN THE U.S. SENATE....WITH YOUR HELP, WE CAN FIX OUR STOCK MARKETS!!!
or write him at: U.S. Senator Chris Dodd 448 Russell Building Washington D.C., 20510
or: U.S. Senator Chris Dodd 30 Lewis St Suite 101 Hartford, CT 06103
quote:Originally posted by tmanfromtexas:
quote:Originally posted by cactus33: tman you should do some DD, naked short is rampant on the penny, problem is too many BS companies and ceo's claim NSS, and its just to get people to buy there bloated stocks, LDHI for example.
plus you have amatuer investors that claim short, short squeeze all that bs, so no one believe in NSS. no one knows how short a stock really is, no one knows if short squeeze coming. no one but few mm's. all those squeeze web sites are fos too imo.. but man i am telling you NSS is rampant imo.. just how i see it
Cactus, that is why I have a hard time with NSS. stocks sitting at .0001 and people screaming its NSS. It cracks me up now but when I first started I believed it and cost me money as the stock would RS and leave me being the bagholder. Now as far as just shorting a stock, I believe it happens but again (and I am not arguing) who would be crazy enough to short a stock at this level when .0000 is not far from here and the opposite is the sky limit? Also who can actually short an OB stock in the states? Why would the MM's do it? If no one is able to short these type of stocks, ie. no demand, no supply then where does that leave us. We know they upped the OS 10mm shares over the last 3 months. What is saying that they arent now? If they are then the stock will continue to fall and my money is falling with it. I just dont know. I keep adding at this level praying I am making a good decision. If they would give us some info it would be greatly appreciated. TMAN...
Posted by tmanfromtexas on :
Thanks for the info Cactus. And thanks Skip. I hope your right if this is dilution. If the volume dries up I guess we will know. TMAN...
Posted by JJMoneyman on :
That's what I get for being on vacation for a long weekend, missed a chance on loading back up. I really like this stock but I took profits Friday when it ran. Oh well, got my buys back in so maybe I can pick some up before it goes to the moon. Anything under 003 seems too cheap to me.
Posted by JJMoneyman on :
Well I got 1 order filled today and I'll keep buying if somebody else on here doesn't beat me to it. IMO even with dilution this has gotta end very soon and move upward.
Posted by Jonus on :
I got a freaking but load of this. I am done messing with this one got monster GTC order in at two and I aint going to worry no more.
Posted by cactus33 on :
seems weird with NITE that low, now ARCA is back. I guess it someone giving up. NITES been nailed though lately on the ask, 9 ticks below the last mm, may have to add here
Posted by JJMoneyman on :
Good spread on the L2 ask with the bids stacked up. This will run at some point and time.
Posted by tmanfromtexas on :
Woohoo back out of the twos. TMAN...
Posted by skip on :
Then right back down, lol.
Looks like someone is loading up now...
I got MORE! Posted by JJMoneyman on :
0026 X 0034 still a good spread. My bid at 0023 is still just sitting there untouched.
Posted by skip on :
Tic toc tic toc...
Posted by JJMoneyman on :
The mouse ran up the clock. And when the clock strikes 1 - LOOK OUT!
Posted by Jonus on :
Getting volume SALI moved to .007 super close now
Posted by tmanfromtexas on :
And ARCA is on the bid and has nothing in the ask pot. Wonder wazzzzuppp with that? Skip, cactus, any ideas??? TMAN...
Posted by cactus33 on :
well its either manipulation before mm runs the crap outta it, or the company doesnt mind converting this low with no pR or update, so... as buyers thin out, more people give up, as time goes by and they just want out. Summer doesnt help, its dead out there, compared to fall. GL
jmho
Posted by tmanfromtexas on :
I wish they would give us a bone instead of... well you know...TMAN...
Posted by tmanfromtexas on :
18,540,023 shares traded in July. We know we had dilution but damn, that is over half the OS. 86mm shares traded this year. 2 1/2 times the OS. Either a lot of flippers or like Cactus aludes to, shorts. Hmmmmm. TMAN...
Posted by cactus33 on :
thanks for addin those up, actually that is interesting. yea it doesnt make sense, either does 5 mm's at .003 ask, lol..whatever, yawn..nothin you can do but watch them F with it, the more people give up the better, seems like the name of the game with these mm's.
jmho
quote:Originally posted by tmanfromtexas: 18,540,023 shares traded in July. We know we had dilution but damn, that is over half the OS. 86mm shares traded this year. 2 1/2 times the OS. Either a lot of flippers or like Cactus aludes to, shorts. Hmmmmm. TMAN...
Posted by skip on :
I like seeing the ask stacked like that. Just another MM tactic to scare people into selling. Seems like a last ditch effort. I'll hold mine thanks...
Posted by JJMoneyman on :
I wish it would either go down a little bit more so I can buy more or skyrocket so I can do my happy dance. I still believe in this POS
Posted by skip on :
Saw this on the SEWC board on ihub. Pretty much says what we have been saying all along, plus some new developments. Anyone else get this email? Thoughts?
=-=-=-=-=-=-=-=-=-
"This perhaps will be “The Greatest Stock Pick of 2007 and Beyond,” with forecasted gains representing several 1000% from the companies current share price. I urge you to read this newsletter in its entirety as the due diligence provided is incredible!
SEWCAL LOGO INC. – CATCH THE WAVE Current Price: .003 cents – Target Price .07
INTRODUCTION
SewCal Logo Inc. (SEWC: OTCBB) is located in Los Angeles, California. It produces and manufactures custom sportswear and apparel and provides an in-house, full-service custom design center. It currently generates approximately 2 million dollars in annual revenues and carries $250,000 cash on the balance sheet. There are only 27,080,702 million shares outstanding. (*July 2007 SEC filing)
Amazingly, the company is yet undiscovered by the small cap investor masses and has a share price that has quietly traded sub-penny for almost a year with a current share price of only .003 and a market cap of only $82,000! (*July 2007 SEC filing.)
Few people are aware of the incredible developments that are occurring which could quickly catapult the share price to incredible highs within the next few weeks.
SEWCAL RAMPING UP
SewCal is quietly ramping up to launch a new branded line of Surf and Sports Wear clothing named Pipeline Posse to be released in Pacific Sunwear Inc. (NASDAQ: PSUN) and other retail stores worldwide this fall!
From their July SEC Filing: “A line of clothing has been developed and advertising and promotional campaigns are initiated and underway. This new segment of our business is expected to provide a significant increase in revenues resulting within the next 18 months… We have developed the necessary relationships, executed exclusive marketing and advertising programs with some of the top names in the Surfing World, designed an initial line of related surf and sports clothing, created and activated an on-line retail store for Pipeline Posse, and are planning a Summer - Fall 2007 launch of these products into selected retail stores… as a result of leasing an additional 10,000 square feet within our occupied facility as it became available when the former tenant moved out. This additional space, several offices and an inventory / shipping area, are devoted exclusively to our new brand and product development initiated to provide company growth in these new areas.” (*July 2007 SEC filing.)
Several popular small cap investor sites are quietly discussing the new launch and in fact one investor was able to attend the new Pipeline Posse, Project 1 movie premier in San Diego, California and speak with one of founding members of Pipeline regarding the new brand clothing launch. (*Search - Pipeline Posse – Project 1 Movie)
Member writes, “… Just wanted to give you an update on my visit to the Wavehouse on July 14th. Got to see the premier of the Pipeline Posse Project 1 movie, but importantly got a chance to talk to Jamie Sterling. With the new clothing launch coming this fall I wanted to know which stores the Pipeline Posse would be launched and I was excited to hear they would be in Pacific Sunwear. Pacific Sunwear carries many well known surf and skate brands including Roxy, Quiksilver, Hurley, Volcom, Element & Billabong and i believe Pipeline is going to be an incredible addition. We could see a big move in the weeks leading up to the new school year. Good luck to us and hold your shares!”
SURF APPAREL MARKET BOOMING!
So how big of a deal is the new product launch to current shareholders? As per the Surf Industry manufacturing Association, the surf and skate sector of the apparel industry has a 2007 market value of 7.5 billion dollars in sales. Pacific Sunwear trades on the NASDAQ for $18 per share and a market cap of 1.25 Billion dollars! Some of the other brands they carry like Billabong and Volcom have sales that exploded and market caps of 3.3 Billion and 900 Million, respectively.
Coincidently, SewCal is conveniently located in Southern California where a majority of the world’s largest Surf & Skate apparel manufactures are headquartered. As per their SEC filing, “We have developed the necessary relationships, executed exclusive marketing and advertising programs with some of the top names in the Surfing World!” Some of the World’s most popular surfers including Braden Dias, Jaime Sterling, Flynn Novak and Jason Frederico are actively involved in the launch and in fact just released a movie in July titled Project 1. (*Search Pipeline Posse – Project1) They are actively featured in popular skate and surf magazines worldwide and have recently been featured on MTV. (*Search Pipeline Posse – MTV)
On Wednesday, August 1, 2007, I contacted the company to inquire about the Pipeline Posse retail launch and they referred me to previously disclosed information, however they did say there would be a public update within the next few weeks. This update will likely be the catalyst which ignites a SEWC market buying frenzy.
SUMMARY
A majority of OTCBB shell companies with zero revenue trade with market caps of approximately $400,000 to $500,000. As it stands today, SEWC generates approximately $2 million in revenue and forecast “significant revenue growth within the next 18 months” yet they have a market cap of under $100,000! I firmly believe that once the small cap investor masses begin to discover SEWC, the company’s minimum market cap could reach approximately $500,000 to 1 million dollars or .02 to .04, possibly in a matter of days.
With the new Pipeline Posse product launch this fall and significant increases in revenue expected by the company, we could easily see the market cap soar to a minimum target of 2 million dollars or .07 cents per share, representing gains of over 2000% from the current trading level and hence my proclamation that this may in fact be “One of the Greatest Stock Pick of 2007 and beyond!”
*Please make sure you save and/or print this newsletter as a trade reminder for next week.
I have actively traded small-cap stocks for 7 years and have researched the small cap community for months to find the small cap company that I believe has the biggest potential to provide explosive gains for investors. As per this newsletter, and the due diligence provided, I firmly believe SEWC is an incredible opportunity. I urge you to do your due diligence and research the content of my newsletter using your favorite search engines. You will find that not only is the due diligence provided accurate, but that there are also other incredible company developments occurring that I have not presented. My mailing list has grown to approximately 400 traders from around the world. If you would like to be removed from my personal list, please simply reply to this email."
Posted by tmanfromtexas on :
I dont know who wrote that but it sures sounds good. I hate price projections but I could handle .07. lol. The other thing that caught my eye was that...
"On Wednesday, August 1, 2007, I contacted the company to inquire about the Pipeline Posse retail launch and they referred me to previously disclosed information, however they did say there would be a public update within the next few weeks. This update will likely be the catalyst which ignites a SEWC market buying frenzy."
Doesnt seem like a pump and dump from the company. Maybe our ship will come in Skip. Thanks for posting. TMAN...
Posted by cactus33 on :
Pacific sunwear would be huge, there is some really great info in that skip. the more attention the stock gets the better imo, the numbers speak for itself.
Posted by Jonus on :
quote:Originally posted by skip: I like seeing the ask stacked like that. Just another MM tactic to scare people into selling. Seems like a last ditch effort. I'll hold mine thanks...
You are exactly right. Seen that many times before a run. I have been fooled several times by the evil MM's but on this one they aint gonna shake not one share from me cause I know whats coming and I aint Skeeered. lol
Good luck to everyone this week. Long time coming.
Posted by Jonus on :
BLast off weeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeee we going to get paid today yesssssssssssssssssss
Posted by skip on :
Looking great so far!
Posted by tmanfromtexas on :
Nice. TMAN...
Posted by tmanfromtexas on :
Over 6m in volume. Pretty active. Wish they would move the bid/ask back up. TMAN...
Posted by Jonus on :
Record volume coming today. When this one breaks six its going on a tear. Nice steady buying just like we like it. Float going to be gone soon
Posted by cactus33 on :
who's the a hole thats selling under .005, lol
Posted by tmanfromtexas on :
I hope some newbie that doesnt do any dd. lol. I hope they look back in a month wondering how low it is and its sitting at .10 cents. LMAO. I can dream I guess. TMAN...
Posted by greenman on :
I'm holding....but the spread is a POS, no support on bid..was .005 x .0053 for a minute there.
Posted by skip on :
Holding fairly well today, good to see.
I agree that if it gets past .006, it should really go...
Posted by tmanfromtexas on :
WTF????????? 1/3 of the OS trades today and they wont let it go. It simply amazes me. TMAN...
Posted by skip on :
Could be convertible debentures? MM games? I think the company is done diluting (notice DOMS has not been on the ask in 2 weeks). If it's CD's, here is a great post from ihub that I found...
=-=-=-=-
If you took all penny stocks as a collective whole, you would find that 100% have added and/or will add shares to the market at some point in time through CDs, Employee Option Plans, S8s for payment of services etc. This afterall is why these stocks are trading for pennies and less. It's great to address these variables, but we also have to understand that if the variables themselves did not exist we would likely not have opportunities for "penny runners" such as the companies presented by members of this site.
We can discuss thousands of situations in which companies trading for pennies and less have made dramatic market moves of 100%, 1000% and more while haveing CDs, S8s, and employee incentive plans however, the potential for dramatic gains is the very basis as to why we invest in pennies.
What we need to look at when deciding whether a subpenny stock may or may not be worth a look is the period of time in which certain variable come together collectively to create a buying opportunity in which investors can expect and or anticipate a significant gain. Is there a significant development near term that will dramatically impact trading activity in such a way as to add considerable volume that may in fact create demand that will far outweigh the "current outstanding" share count and thus sending the share price up significantly. SEWC does "fit the bill" of ... (1) undervalued (2) have a small amount of outstanding shares (3) has great financials (4) has something significant that may soon be announced/acknowledged by the market and thus sending the share price up significantly from its current trading price.
(1) Undervalued - 2 million revenue/$100,000 market cap. (2) Small Amount of shares -30 million out (3) Incredible numbers - already established and anticipates generating more revenue in next 18 months. (4) Fall 2007 New Pipeline clothing Launch - The near term catalyst that is expected to ignite a buying frenzy within days/weeks.
Posted by cactus33 on :
make that half the OS traded, lol
quote:Originally posted by tmanfromtexas: WTF????????? 1/3 of the OS trades today and they wont let it go. It simply amazes me. TMAN...
Posted by skip on :
Held most of it's gains today, which I was glad to see.
Looks like it's feast or famine tomorrow...
Posted by will on :
Thought I heard something like that before:
will Member posted January 19, 2007 21:33 -------------------------------------------------------------------------------- 12M O/S // 7M Float // Revenues $566,033 // Gross profit $110,151 // Current Assets vs. Current liabilites $1,026,025 vs. $676,716, 1.5 /1 quick ratio // Cash on hand $656,344.
I am first to say pennies don't move on fundementals, but good financials sure can't hurt. This looks like it could be a real company. If you don't believe that, then at least believe it shouldn't be trading at .01 or less. It's one of the better Form 10's I have ever seen for a penny stock. Closed at .009, I'm in it, any weakness in the PPS and I will double my position. If this doesn't run, and if this deserves to be at .01 or less, then their isn't ANY level or fair playing field left in pannyland.
This is what a penny player should look for : Low O/S Lower Float Increased volumes Declining price Oversold condition No history of dilution (Grant it, there is an open SB-2 fo 27M, but it doesn't appear to be active, yet) (Saw the increase in A/S, means nothing right now)
quote:Originally posted by skip: Could be convertible debentures? MM games? I think the company is done diluting (notice DOMS has not been on the ask in 2 weeks). If it's CD's, here is a great post from ihub that I found...
=-=-=-=-
If you took all penny stocks as a collective whole, you would find that 100% have added and/or will add shares to the market at some point in time through CDs, Employee Option Plans, S8s for payment of services etc. This afterall is why these stocks are trading for pennies and less. It's great to address these variables, but we also have to understand that if the variables themselves did not exist we would likely not have opportunities for "penny runners" such as the companies presented by members of this site.
We can discuss thousands of situations in which companies trading for pennies and less have made dramatic market moves of 100%, 1000% and more while haveing CDs, S8s, and employee incentive plans however, the potential for dramatic gains is the very basis as to why we invest in pennies.
What we need to look at when deciding whether a subpenny stock may or may not be worth a look is the period of time in which certain variable come together collectively to create a buying opportunity in which investors can expect and or anticipate a significant gain. Is there a significant development near term that will dramatically impact trading activity in such a way as to add considerable volume that may in fact create demand that will far outweigh the "current outstanding" share count and thus sending the share price up significantly. SEWC does "fit the bill" of ... (1) undervalued (2) have a small amount of outstanding shares (3) has great financials (4) has something significant that may soon be announced/acknowledged by the market and thus sending the share price up significantly from its current trading price.
(1) Undervalued - 2 million revenue/$100,000 market cap. (2) Small Amount of shares -30 million out (3) Incredible numbers - already established and anticipates generating more revenue in next 18 months. (4) Fall 2007 New Pipeline clothing Launch - The near term catalyst that is expected to ignite a buying frenzy within days/weeks.
Posted by skip on :
lol. You da man, man...
Good to see ya.
This POS ever gonna get back over a penny?
quote:Originally posted by will: Thought I heard something like that before:
will Member posted January 19, 2007 21:33 -------------------------------------------------------------------------------- 12M O/S // 7M Float // Revenues $566,033 // Gross profit $110,151 // Current Assets vs. Current liabilites $1,026,025 vs. $676,716, 1.5 /1 quick ratio // Cash on hand $656,344.
I am first to say pennies don't move on fundementals, but good financials sure can't hurt. This looks like it could be a real company. If you don't believe that, then at least believe it shouldn't be trading at .01 or less. It's one of the better Form 10's I have ever seen for a penny stock. Closed at .009, I'm in it, any weakness in the PPS and I will double my position. If this doesn't run, and if this deserves to be at .01 or less, then their isn't ANY level or fair playing field left in pannyland.
This is what a penny player should look for : Low O/S Lower Float Increased volumes Declining price Oversold condition No history of dilution (Grant it, there is an open SB-2 fo 27M, but it doesn't appear to be active, yet) (Saw the increase in A/S, means nothing right now)
quote:Originally posted by skip: Could be convertible debentures? MM games? I think the company is done diluting (notice DOMS has not been on the ask in 2 weeks). If it's CD's, here is a great post from ihub that I found...
=-=-=-=-
If you took all penny stocks as a collective whole, you would find that 100% have added and/or will add shares to the market at some point in time through CDs, Employee Option Plans, S8s for payment of services etc. This afterall is why these stocks are trading for pennies and less. It's great to address these variables, but we also have to understand that if the variables themselves did not exist we would likely not have opportunities for "penny runners" such as the companies presented by members of this site.
We can discuss thousands of situations in which companies trading for pennies and less have made dramatic market moves of 100%, 1000% and more while haveing CDs, S8s, and employee incentive plans however, the potential for dramatic gains is the very basis as to why we invest in pennies.
What we need to look at when deciding whether a subpenny stock may or may not be worth a look is the period of time in which certain variable come together collectively to create a buying opportunity in which investors can expect and or anticipate a significant gain. Is there a significant development near term that will dramatically impact trading activity in such a way as to add considerable volume that may in fact create demand that will far outweigh the "current outstanding" share count and thus sending the share price up significantly. SEWC does "fit the bill" of ... (1) undervalued (2) have a small amount of outstanding shares (3) has great financials (4) has something significant that may soon be announced/acknowledged by the market and thus sending the share price up significantly from its current trading price.
(1) Undervalued - 2 million revenue/$100,000 market cap. (2) Small Amount of shares -30 million out (3) Incredible numbers - already established and anticipates generating more revenue in next 18 months. (4) Fall 2007 New Pipeline clothing Launch - The near term catalyst that is expected to ignite a buying frenzy within days/weeks.
Posted by skip on :
100 Shares short? lol.
Shall we multiply that by 10000000?
=-=-=-=-=-=-=-=
**********: SEWC, Has Also Been Added To Naked Short List Today 8/1/2007
Aug 01, 2007 (M2 PRESSWIRE via COMTEX News Network) -- **********, www.**********, announced today that these select companies have been added to the NASDAQ, AMEX and NYSE naked short threshold list: Sew Cal Logo Inc. (OTCBB: SEWC), UC Hub Group Inc. (OTCBB: UCHB), SuperPro Vending Group (OTC: SPVG), Black Dragon Resource Companies Inc. (OTC: BDGR). For a complete list of companies on the naked short list please visit our web site. To find the SqueezeTrigger Price before a short squeeze starts in any stock, go to www.**********.
Sew Cal Logo Inc. (OTCBB: SEWC) produces and manufactures custom embroidered caps, sportswear, and related corporate identification apparel primarily in the United States. It offers caps and headwear, jackets, denim, cargo shorts, pants, and related apparel. The company also provides contract embroidery and silk-screening services to the manufacturing and promotional industry; and designs and manufactures apparel under private labels. In addition, it supplies wardrobe, as well as promotional and cast and crew items for feature films and television. Further, it owns the rights to a branded line of surf and sports wear items, Pipeline Posse', which it sells primarily through the Internet. The company sells its products to motion picture and television studios, retailers, local schools, shops, and small businesses. Sew Cal Logo, Inc. was incorporated in 1985 and is based in Los Angeles, California. With 27.08 million shares outstanding and 100 shares declared short as of July 2007, there is a failure to deliver in shares of SEWC.
Posted by wallstplaya on :
Whatta squeeze!
Posted by macmac on :
NO gap this morning is a little disappointing to me. Hopefully we keep the volume up that it is starting out at though!
Posted by JJMoneyman on :
Bid x Ask falling. I'm ready to load up again in the low to mid 002's
Posted by JJMoneyman on :
Approaching buying range again for me.
Posted by skip on :
Back in as of today...
Posted by right42day on :
Nice job Skip...I am hoping to join you
Posted by JJMoneyman on :
Wow my order at 0026 got filled too.
Posted by Jonus on :
The only gave me 50k at .0026 was trying for 500k
Posted by skip on :
Good to see you guys here again. I still don't think we have seen the real run yet...
They drop it to .0021 or below and we'll buy up the o/s again, lol...
Posted by JJMoneyman on :
I love this stock. It's just hard to buy in the 002's so I just always have an GTC order open and when it hits it hits.
Posted by JJMoneyman on :
come on volume, any volume.
Posted by skip on :
Just dusting her off...
Posted by tmanfromtexas on :
Yep, their 10Q should be out soon. Wonder if there is any nice surprises there. I doubt we see much in the way of dilution but if there was I dont believe it to be much. TMAN...
Posted by tmanfromtexas on :
Well well well. What do we get first. The dreaded E or the 10K? Anyone taking bets? TMAN...
Posted by skip on :
10K didn't come out until 12/13 last year, albeit late then, too.
We'll see...
Posted by skip on :
Filing is out. 43mil o/s, 32mil float. $1.9mil in revenues this year. Some dilution on the table in the form of debentures.
Pretty much the same story as before. Not much has changed, they generate revenues, have a real business, and are really quiet about it.
Been playing this one for a long time, but I think it's got some nice bounces left in it.
Posted by tmanfromtexas on :
Yeah, this one kills me skip. Look at STTC for instance. It has 10X the OS, has stated in a shareholders news letter that it will do a 1/10 reverse split, had one of their officers investigated and still is trading between .007 and .012. WTF??? I agree this one should bounce, I just wish they would do some PR work for shareholders so it would get on others radar. Oh well, I am in cheap so I guess I can wait around. GLTA. TMAN...
Posted by skip on :
Yeah, it's funny how it works in the seedy underbelly of the penny stock world. lol.
SEWC is a great long term flipper. If one is patient, they can get some nice plays out of this. And it has a potential to possibly go big one day...
Posted by skip on :
think she's gettin' ready again. I picked up some today, and bidding for more...
Posted by skip on :
up 100% today...
Posted by bilgert on :
Sho is pretty, skip-diddy. Wish I got a little more on the dip.
Posted by stocktalk on :
we will see big jump after dilution and then we will see it fly.
Posted by skip on :
quote:Originally posted by stocktalk: we will see big jump after dilution and then we will see it fly.
Great first post. Compelling, and rich.
Posted by tmanfromtexas on :
quote:Originally posted by skip:
quote:Originally posted by stocktalk: we will see big jump after dilution and then we will see it fly.
Great first post. Compelling, and rich.
LOL!! TMAN...
Posted by skip on :
looking good again for a buy, I picked up more today...
Posted by cactus33 on :
the time is getting near for this pos to make a major move after that dump today..back in today, glad you like it skip
Posted by skip on :
up 62% today with some nice action at the ask going into the close...
let's see them break that .002 off tomorrow...
Posted by skip on :
Very strong finish today, every trade today was green. A charade? Or will it run further???
44mil o/s!!
Posted by farmerboy on :
What's the deal with the R/S
Posted by bilgert on :
Link?
Posted by skip on :
quote:Originally posted by farmerboy: What's the deal with the R/S
?
Posted by cactus33 on :
SEWC, back in today, i think its gonna be jumpy with the vol, but i still think they blow the doors off this one eventually.
Posted by JJMoneyman on :
I sold about 2/3 during the run so I'm still holding, but I'm waiting for a touch lower before I jump back in.
Posted by cactus33 on :
hmmm, maybe, but with the share structure and recent vol, I say it goes higher before lower...nothing is guaranteed though..
quote:Originally posted by JJMoneyman: I sold about 2/3 during the run so I'm still holding, but I'm waiting for a touch lower before I jump back in.
Posted by JJMoneyman on :
That dump today might also be a sign of things to come too. I thought about it today but I have shares so I'm holding out. If it goes up I'll let loose of the rest of mine but if it hits 0008 I'll load up the boat.
Posted by cactus33 on :
nothing wrong with taking profit and letting some ride... gl
quote:Originally posted by JJMoneyman: That dump today might also be a sign of things to come too. I thought about it today but I have shares so I'm holding out. If it goes up I'll let loose of the rest of mine but if it hits 0008 I'll load up the boat.
Posted by JJMoneyman on :
U2
quote:Originally posted by cactus33: nothing wrong with taking profit and letting some ride... gl
quote:Originally posted by JJMoneyman: That dump today might also be a sign of things to come too. I thought about it today but I have shares so I'm holding out. If it goes up I'll let loose of the rest of mine but if it hits 0008 I'll load up the boat.
Posted by cactus33 on :
SEWC, lil vol .0013 x .0014
Posted by JJMoneyman on :
Come on, go either up or down.
Posted by skip on :
grabbed more yesterday and today, I still don't think it's had it's true run yet. Recent filing shows 44mil o/s and good revenues, gotta go sometime...
Posted by cactus33 on :
Sew Cal Logo Goes to Hollywood
LOS ANGELES, Nov 17, 2008 (BUSINESS WIRE) -- Sew Cal Logo, Inc. (OTCBB:SEWC) announced today that it recently completed work for the smash hit High School Musical 3. Amongst its other projects, the company will continue to grow this segment of their business. "The entertainment field will likely produce over $3 million in annualized sales," said Rick Songer, company CEO.
New projects in the entertainment segment include: Yes Man (Jim Carrey); The Cheetah Girls; Camp Rock; The Suite Life on Deck; Bone Deep (now filming); Ruby & the Rockits; Chuck; and The Hangover (Warner Bros.).Also, work continues on such popular television productions as CSI Miami, Desperate Housewives and other well known programs as well as special productions.
Adding to the list of Movies and TV shows, the Company has begun work on TRANSFORMERS; REVENGE OF THE FALLEN, sequel to the original blockbuster, which is scheduled to be released this summer. The Company's 20+ year history with the Hollywood entertainment business is expected to grow and add significantly to the bottom line.
Adding to the company's list of achievements, SEW CAL LOGO has received the coveted 2008 Los Angeles Local Business Association Achievement Award(USLBA) as recognition for being the best embroidery business in their local area.
This Press Release contains "forward looking"statements as that term is defined by section 27A of the Securities Act of 1933, as amended and section 21E of the Securities Exchange Act of 1934, as amended. All statements that are included in this press release other than statements of historical fact are "forward looking" statements. Although Sew Cal Logo believes that the statements made are reasonable, it can give no assurance that such statements will materialize. Important facts and events can cause statements to materially be different from the expectations mentioned in this press release.
SOURCE: Sew Cal Logo, Inc.
CONTACT:
Investor RelationsSteve Burg, 707-425-8855
Copyright Business Wire 2008
Posted by BooDog on :
Unable to enter the order because a current Bid or Ask is not found for the symbol entered. Please contact your local branch office to place this trade. Symbol: Find Symbol Order Type: Market Limit Stop Stop Limit Trailing Stop Unable to enter the order because the limit price is not valid. Orders for Listed stocks may include up to two decimal places.
freekin scottrade
Posted by kidpolio on :
Its alive, Its alive, Now run Forrest RUN!!!!
Sitting on bid two's are hard to fill
Posted by Jonus on :
Super nice volume on SEWC weeeeeeeeeeeeee
Posted by stocktalk on :
sewc up 200%today on 10 k. end of year revenues 1.8 mill.
Posted by stocktalk on :
SEWC .0002 Sew Cal Logo Selected to Provide Commemorative Shirts for the Rose Bowl Bound U.S.C. Trojans and Joe Paterno's Penn State Nittany Lions
Last update: 8:00 a.m. EST Dec. 14, 2008 LOS ANGELES, Dec 14, 2008 (BUSINESS WIRE) -- SEW CAL LOGO, Inc. (SEWC: SEWC 0.00, +0.00, +100.0%) , a Southern California based film wardrobe, hat and action sportswear manufacturing company, has been selected to print the official commemorative sweatshirts and tee-shirts for this years Number One ranked college football team in the nation. On January 1, 2009 Number 5 ranked University of Southern California will play Number 6 ranked Penn State, with legendary coach Joe Paterno, in the Rose Bowl. Immediately following the announcement of the Rose Bowl selections, Sew Cal Logo was given the initial order for the official USC Rose Bowl merchandise. "We are proud to have been selected as vendor for this project as we continue to provide top quality products and service with event sensitive timing and delivery. It's always something special to participate in such a major event," said company president Rick Songer. The Company continues its more then 24 year history of being selected to provide "Made in America" quality for cutting edge events as well as being a primary provider of top quality goods for the film and entertainment industry. About Sew Cal Logo: Sew Cal Logo, Inc. domestically produces custom film wardrobe, headwear, action sportswear, and corporate identification apparel. Original product, brand, and logo designs are available through an in-house full service design center. Current clientele include Fortune 500 Companies, major motion picture and television studios, as well as numerous major surf and skate brand manufacturers. The Company is firmly rooted in cutting edge "California Life Style" and action sports driven endeavors. This press release contains forward looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities and Exchange Act of 1934, as amended, which are intended to be covered by safe harbors created hereby. Such forward-looking statements involve known and unknown risks and uncertainties SOURCE: Sew Cal Logo, Inc.
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now thats sweet...
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