posted December 23, 2003 11:27            

quote:

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Originally posted by PSU90:
Ahhhh, 40K at the ask of .039. If buying pressure hits .039, the MM's will be forced to raise the bid. That will get this train moving!

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posted December 23, 2003 11:28            

Oh christ who just sold 20,000 at .034 thats just awful

posted December 23, 2003 11:30            

Video game industry set to explode
Friday, April 05 2002
by Paula Mythen

Revenues from games software, worth USD17.7 billion in 2001, are predicted to rise by 22 percent to peak at USD21.6 billion in 2004.

A new report by Datamonitor reveals that the next three years will bring rapid growth to the electronic games market globally, spurred by the emergence of new home consoles.

The addition of multimedia features and the increasing power of the next-generation consoles, which will deliver near photo-realistic graphics to the public, will help broaden the penetration of home consoles. Datamonitor believes that console on-line gaming will also be a major factor in the growth.

The report "Global Electronic Games," predicts that Sony's PlayStation 2 (PS2) will dominate the home console market with Microsoft eventually taking second place over Nintendo. But in the handheld market, Nintendo's Game Boy Advance will hold a monopoly.

"There is no doubt that the PS2 will retain its leading position in the home console market over the next few years," said Adrian Drozd, Datamonitor games analyst. "By the end of 2005, there will be a global installed base of over 90 million for Sony's latest console, which will dwarf the Xbox total of less than 40 million."

The strength of Sony's PlayStation brand, united with a competitive price and a large selection of quality games, will maintain the lead of the PS2 in the market for the foreseeable future. And although the Xbox sales have been hit by the high price tag in Europe, this is expected to drop and the power of the console and its built-in Internet capabilities, will enable Microsoft to overtake Nintendo for the second place in the market. Nintendo's current lack of on-line gaming initiatives could also prove harmful for the long-term prospects of the console.

Although the US will remain the largest single market, thought to be worth USD7.4 billion in 2004, Asia Pacific, driven by Japan, will lead the industry in terms of revenues, with the research house predicting revenues of USD7.6 billion in 2004. The European market will be worth USD6.7 billion in 2004 with the UK accounting for 30 percent of total revenues, closely followed by Germany.

posted December 23, 2003 11:34            

Video game industry set to explode
Friday, April 05 2002
by Paula Mythen

double post

posted December 23, 2003 11:34            

Let's talk about the ASCENDING TRIANGLE... This pattern is occuring here and will eventually lead to our BREAKOUT...

On the ascending triangle, the horizontal line represents overhead supply that prevents the security from moving past a certain level. It is as if a large sell order has been placed at this level and it is taking a number of weeks or months to execute, thus preventing the price from rising further. Even though the price cannot rise past this level, the reaction lows continue to rise. It is these higher lows that indicate increased buying pressure and give the ascending triangle its bullish bias.
http://stockcharts.com/education/ChartAnalysis/triangle-Ascending.html

posted December 23, 2003 11:38            

Also keep in mind.... as I've stated before. Because we have no previous buyers above .05... theres is ZERO upside resistance which means the BREAKOUT will be significantly stronger than most anticipate.
.10 and beyond will be here soon.

*** Future's so Bright ***
mach

quote:

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Originally posted by machtabow2:
CANDLESTICK CHARTING PATTERNS
ASCENDING PATTERN OCCURING
BREAKOUT IMMINENT
(Link Provided)

Let's talk about the ASCENDING TRIANGLE... This pattern is occuring here and will eventually lead to our BREAKOUT...

On the ascending triangle, the horizontal line represents overhead supply that prevents the security from moving past a certain level. It is as if a large sell order has been placed at this level and it is taking a number of weeks or months to execute, thus preventing the price from rising further. Even though the price cannot rise past this level, the reaction lows continue to rise. It is these higher lows that indicate increased buying pressure and give the ascending triangle its bullish bias.
http://stockcharts.com/education/ChartAnalysis/triangle-Ascending.html

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posted December 23, 2003 11:39            

What makes me wonder a little is that those buys that showed up at .0352 were mine. I put an order in last night. First I got 2K at the open. Then 38K at 10:54 and another 5K at 11:12. The "later" sales did not post until I tried to edit my order. I was going to move it up from .0352 to .037. I tried it and Ameritrade canceled the edit. Couldn't figure it out until I doublechecked and voila.... suddenly I had those extra shares in my portfolio...and they showed up on the last trade streamer!

Did those transactions happen at 10:54 and 11:12, or did they all happen at 9:30 and the MM's just didn't post them? I think we are seeing some manipulation here IMHO.

quote:

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Originally posted by cabbage22:
I think we're at a point where the MM's just don't want to push it. If Magoo really bought up 900,000 shares yesterday morning, and Im not doubting him, it probably triggered the MMs to buy along with it. Now on light volume they are hesitent to up the bid, and probably want more at a lower price- knowing where its going in the future.

Oh christ who just sold 20,000 at .034 thats just awful

Anyway...

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posted December 23, 2003 11:42            

quote:

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Originally posted by machtabow2:
Mav... If you have time to map out our ASCENDING TRIANGLE and can post a chart for members to see... it would be great. I know you have the technology... or anyone... It would be nice to have the visual... as I do not have the capability here. mach

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posted December 23, 2003 11:43            

quote:

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Originally posted by PSU90:
I wonder what the rules are for reporting sales on time? I can't believe that after 90K is bought at .039 that a buy would go through at .035 (the exact same number of shares as were sold at .034). I think this had to be an earlier transaction.

What makes me wonder a little is that those buys that showed up at .0352 were mine. I put an order in last night. First I got 2K at the open. Then 38K at 10:54 and another 5K at 11:12. The "later" sales did not post until I tried to edit my order. I was going to move it up from .0352 to .037. I tried it and Ameritrade canceled the edit. Couldn't figure it out until I doublechecked and voila.... suddenly I had those extra shares in my portfolio...and they showed up on the last trade streamer!

Did those transactions happen at 10:54 and 11:12, or did they all happen at 9:30 and the MM's just didn't post them? I think we are seeing some manipulation here IMHO.

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posted December 23, 2003 11:45            

quote:

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Originally posted by Marcidius:
mach, I forget what you use for your Level II quotes and for the buy/sell order sizes? Sorry if I've asked you this before...heh
~Marc

;-)

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posted December 23, 2003 11:53            

quote:

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Originally posted by Mav:
ASCENDING TRIANGLE AT PGHI ....

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posted December 23, 2003 11:55            

quote:

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Originally posted by machtabow2:
Mav... Outstanding... Nice to have a visual of what we are talking about. mach

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posted December 23, 2003 11:58            

Wish I could be here till close, but I'm off to see Lord of the Rings!

posted December 23, 2003 12:04            

HAVE FUN!

posted December 23, 2003 12:12            

Weston, FLA., Dec 23, 2003 (M2 PRESSWIRE via COMTEX) -- Wall Street News
Alert`s "stocks to watch" this morning are: LocatePLUS Holdings Corporation
(OTCBB: LPLHA), GlobeTel Communications C (OTCBB: GTEL), US Global Aerospace Inc
(OTCBB: USGA), Microsignal Corp (OTCBB: MSGL) and Point Group Holdings Inc
(OTCBB: PGHI)

posted December 23, 2003 12:21            

Video Game Industry Plays L.A.

Reuters Page 1 of 1

12:51 PM May. 11, 2003 PT

LOS ANGELES -- Cram 65,000 people into a convention center, add the sounds of aliens being shot and race cars being crashed at rock 'n' roll volumes, then sprinkle in a few women dressed in costumes just an inch or two this side of indecency.

What you get is E3, the Electronic Entertainment Expo, the video game industry's annual convention that starts this week in Los Angeles and represents the favored forum for deal-making and promotion in a business expected to generate $30 billion in sales in 2003.

Analysts agree that E3 is a catalyst for game stocks and the time to buy is now.

"If there is a trading rule on how to play the videogame stocks surrounding E3, recent history says that buying them during the show is the most consistent way to make money," RBC Capital Markets analyst Stewart Halpern said in a note.

Halpern's analysis showed that from 2000 through 2002, the only constant in terms of price moves is that the stocks go up an average of 5.4 percent during the show, while no pattern holds true in the days before and after the event.

E3 is also big business for the city of Los Angeles, generating at least $12 million in revenue. On Friday, shops throughout downtown Los Angeles had signs in their windows welcoming the convention.

posted December 23, 2003 12:23            

PGHI at around the E3 time will be a homerun, that is AFTER the large figures we are talking about previous to that too

~Marc

posted December 23, 2003 12:35            

What's encouraging is that the CEO, John Fleming, hasn't sold one single share since they bought Veegeez. That's a very good sign of how management is confident about the future of PGHI(GamezNFlix)/Veegeez!

posted December 23, 2003 12:45            

quote:

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Originally posted by PSU90:
Was the last trade way back at 11:57? Wow, the MM's were able to bring PGHI to a complete halt with that spread.

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posted December 23, 2003 12:57            

quote:

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Originally posted by cabbage22:
These MM's need to display some of the bids that are obviously there- like people arent bidding above .034- CUZ I KNOW I AM

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posted December 23, 2003 13:07            

quote:

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Originally posted by knee-hi-boot-gurl:
I'm bidding .035 for the last hour and im not getting a fill!! What am I doing wrong? I'm new at this, pleazz help!!

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posted December 23, 2003 13:13            

quote:

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Originally posted by knee-hi-boot-gurl:
What should i bid to get a darn fill?

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If you bid at the ask (.039 right now), you'll have the best chance. There have been many times in the past where it took me quite awhile to fill at the ask on PGHI...or the ask would eventually just tick up and leave me behind.

Any time you bid lower than the ask, your chances of getting filled are limited. You are basically trying to "outwit" the MM's when you play this game. I do it when I already have plenty of shares but will add if they "give it to me"....but if you just want entry.... go with the ask.

posted December 23, 2003 13:17            

In my opinion they are not going to budge.

posted December 23, 2003 13:19            

quote:

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Originally posted by PSU90:
If you bid at the ask (.039 right now), you'll have the best chance. There have been many times in the past where it took me quite awhile to fill at the ask on PGHI...or the ask would eventually just tick up and leave me behind.

Any time you bid lower than the ask, your chances of getting filled are limited. You are basically trying to "outwit" the MM's when you play this game. I do it when I already have plenty of shares but will add if they "give it to me"....but if you just want entry.... go with the ask.

[This message has been edited by PSU90 (edited December 23, 2003).]

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posted December 23, 2003 13:26            

Anyone catch that drop in UVCL? picked a little up at .026 for the long run

posted December 23, 2003 13:27            

quote:

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Originally posted by Degs:
just had another 7,000 trade

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posted December 23, 2003 13:32            

quote:

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Originally posted by m_h13021:
Before you buy at ASK, I recommend Mach's take on the matter.....

"My best guess is that the order books have many people waiting @.034-.036... I'd try .037... as there may be a sellers just above current bid... Pure speculation... but if there are orders .034-.036... you are waiting in a line to get a fill... if any shareholders are willing to sell... You could go .0361... Try and get the inside... imho mach"

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