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Author Topic:   *** GameZNflix Rally! Coming Soon! ***
Magoo
Member
posted December 29, 2003 23:54     Click Here to See the Profile for Magoo     Edit/Delete Message   Reply w/Quote
quote:
Originally posted by cabbage22:
A bag of starburst fruit chews next to my computer while I trade is probably the worst idea I've ever had, but at the same time so good

When I started tradeing it was pop rocks.

Lost a lot of money back then

Of course there were not any computers either

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tommy
Member
posted December 30, 2003 00:09     Click Here to See the Profile for tommy     Edit/Delete Message   Reply w/Quote
Magoo, if PGHI is your first penny stock, you're one hell of a lucky guy because many lost money to the pennies before really understanding it's dynamics!

The penny is so much more different than the regular market, it's crazy!

GLTA!

quote:
Originally posted by Magoo:
When I started tradeing it was pop rocks.

Lost a lot of money back then

Of course there were not any computers either


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Magoo
Member
posted December 30, 2003 00:37     Click Here to See the Profile for Magoo     Edit/Delete Message   Reply w/Quote
quote:
Originally posted by tommy:
Magoo, if PGHI is your first penny stock, you're one hell of a lucky guy because many lost money to the pennies before really understanding it's dynamics!

The penny is so much more different than the regular market, it's crazy!

GLTA!


Tommy

to tell the truth I really do not understand the dynamics of the pennies. The reason that I got involved in PGHI is this thread,

I actuall have bought and sold a couple of other pennies with the suggestions from a friend but was guided entirely by him. I did make a little and then lost a little. The I sat back for about a year and checked several sites and this was the first one which really made a lot of sense to me.

The regular stock I have been involved in since the early seventies. However I do have a broker and leave it up mostly to him with the exception of a couple of my own picks.

So as far as stocks in general I am not an expert and do not pretend to be.

The people such as yourself on this board do have much more knowledge than I by a large margin.

What I do bring is a little more buying leverage as I have made most of my money through my years involved in bussiness.

On thing which I found interesting is that The Public Relations firm which John Flemming has choosen is the same one which handles one of my partners company.

Small World

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Magoo
Member
posted December 30, 2003 00:40     Click Here to See the Profile for Magoo     Edit/Delete Message   Reply w/Quote
quote:
Originally posted by Magoo:
Tommy

to tell the truth I really do not understand the dynamics of the pennies. The reason that I got involved in PGHI is this thread,

I actuall have bought and sold a couple of other pennies with the suggestions from a friend but was guided entirely by him. I did make a little and then lost a little. The I sat back for about a year and checked several sites and this was the first one which really made a lot of sense to me.

The regular stock I have been involved in since the early seventies. However I do have a broker and leave it up mostly to him with the exception of a couple of my own picks.

So as far as stocks in general I am not an expert and do not pretend to be.

The people such as yourself on this board do have much more knowledge than I by a large margin.

What I do bring is a little more buying leverage as I have made most of my money through my years involved in bussiness.

On thing which I found interesting is that The Public Relations firm which John Flemming has choosen is the same one which handles one of my partners company.

Small World


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Magoo
Member
posted December 30, 2003 00:42     Click Here to See the Profile for Magoo     Edit/Delete Message   Reply w/Quote
quote:
Originally posted by Magoo:

Excuse all my typo's I still do not type so it is not my spelling but my two fingers on the keyboard

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tommy
Member
posted December 30, 2003 00:48     Click Here to See the Profile for tommy     Edit/Delete Message   Reply w/Quote
Magoo, I have heard so many bad stories of people losing a lot of money with brokers that I vowed to never let anyone else touch my portfolio!

Of course I have had some losses when I first started trading but I was lucky enough to get out quickly each time.

To be honest PGHI is the first penny that I've been holding and plan on holding for a long time! I usually only flip pennies for good and quick money but what started as a good trading opportunity here became an amazing investing opportunity!

GLTA!

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Magoo
Member
posted December 30, 2003 01:03     Click Here to See the Profile for Magoo     Edit/Delete Message   Reply w/Quote
quote:
Originally posted by tommy:
Magoo, I have heard so many bad stories of people losing a lot of money with brokers that I vowed to never let anyone else touch my portfolio!

Of course I have had some losses when I first started trading but I was lucky enough to get out quickly each time.

To be honest PGHI is the first penny that I've been holding and plan on holding for a long time! I usually only flip pennies for good and quick money but what started as a good trading opportunity here became an amazing investing opportunity!

GLTA!


I do agree with you about brokers to a certin point. Brokers are good if stocks are not something that you track and follow to the point of spending much time at it. You only have a broker if your attention is elsewhere. Most stocks with brokers are long term especially compaired to the pennies.

I look at the pennies at this point as a learning experience and a gamble. I am not really a gambler but the few times I have gone to Vegas or Reno I kinda figure what I want to loose and if I come home with some of that money then I feel that I am that much ahead.

My partners and I are looking at the PGHI venture sort of the same way.

My plans are that if John Flemming preforms on what he has said is short comming then I will go with a heavier investment into the company. That would be with the PPM or something of that sort.

In any case this is getting exciting

Ron B.

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jr
Member
posted December 30, 2003 01:17     Click Here to See the Profile for jr     Edit/Delete Message   Reply w/Quote
looking back at the charts, i think of how many times in the past couple of months i could have sold some shares and then bought back in order to get some more shares... but its just not worth the risk. not with this stock. because one of these days, this train is going to leave the station and it wont be coming back!

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tommy
Member
posted December 30, 2003 01:29     Click Here to See the Profile for tommy     Edit/Delete Message   Reply w/Quote
jr, it's always easier to see those moves AFTER the facts, it's very hard to time that sort of move during the process! Trust me I could have done it so many times since my entry at 0.008 but I was always afraid of missing the train!

GLTA!

quote:
Originally posted by jr:
looking back at the charts, i think of how many times in the past couple of months i could have sold some shares and then bought back in order to get some more shares... but its just not worth the risk. not with this stock. because one of these days, this train is going to leave the station and it wont be coming back!

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cabbage22
Member
posted December 30, 2003 02:11     Click Here to See the Profile for cabbage22     Edit/Delete Message   Reply w/Quote
BOLLINGER BANDS
All Breakouts occur when the stock is traveling up the UPPER bollinger band, and crosses over it. Some may think crossing the upper BB is a sign of a point to sell- THAT IS WRONG- it is extremely BULLISH because it shows a break in a resistence point. When prices move outside the bands, a continuation of the current trend can be implied.

In PGHI's case, that would be .049- We have never traded at these levels and will have very little resistence due to lack of ask overhead, most resistence will be MM shorting, which will be very scarce IMO

EMA's>> as pointed out by Tommy, 5 DAY EMA is .04, very bullish

MACD>> Still looking great, bullish

On Balance Volume>> a measure of Buyers/Sellers, OBV is increasing, bullish

STOKES>> See chart below, at 58, Still a long ways to go- bullish

VOLUME!!!!>> 10 MILLION ON ZERO NEWS- bullish

CLOSE>> HIGHEST CLOSE IN PGHI's HISTORY- shows confidence in the market- bullish

Breakout Imminent

[/B]


------------------
cabbage22 - thank technical analysis for God

[This message has been edited by cabbage22 (edited December 30, 2003).]

[This message has been edited by cabbage22 (edited December 30, 2003).]

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Magoo
Member
posted December 30, 2003 02:16     Click Here to See the Profile for Magoo     Edit/Delete Message   Reply w/Quote
quote:
Originally posted by cabbage22:
[b]BOLLINGER BANDS
All Breakouts occur when the stock is traveling up the UPPER bollinger band, and crosses over it. Some may think crossing the upper BB is a sign of a point to sell- THAT IS WRONG- it is extremely BULLISH because it shows a break in a resistence point.

In PGHI's case, that would be .049- We have never traded at these levels and will have very little resistence due to lack of ask overhead, most resistence will be MM shorting, which will be very scarce IMO

EMA's>> as pointed out by Tommy, 5 DAY EMA is .04, very bullish

MACD>> Still looking great, bullish

On Balance Volume>> a measure of Buyers/Sellers, OBV is increasing, bullish

STOKES>> See chart below, at 58, Still a long ways to go- bullish

VOLUME!!!!>> 10 MILLION ON ZERO NEWS- bullish

CLOSE>> HIGHEST CLOSE IN PGHI's HISTORY- shows confidence in the market- bullish

Breakout Imminent

[/B]

[/B]


I'm actually starting to understand this stuff

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jwhite2913
Member
posted December 30, 2003 03:15     Click Here to See the Profile for jwhite2913     Edit/Delete Message   Reply w/Quote
For the past 15 trading sessions the MMs have pretty much controlled each session, but they have allowed occasional spikes. This tells me the MMs know they are facing the Symbol Change, but don’t know when to expect it; hence, the MMs are being careful so they don’t get caught naked with short positions. The MMs also know resistance above $0.05 does not exist – I have been watching MM signals very closely for the past week, and the most active is – Trade Sideways – which in essence means, the MMs can keep up and hold favorable inventories without going naked….

When PGHI breaks out … the MMs will let it run wherever supply and demand takes it for the first big run, then the shakeout of fraidycat longs will begin, and it is my bet the MMs will make that one … very rough … maybe as strong as 40%. That way the MMs can fill their coffers for a sustained run, which will inevitably happen before PGHI PPS will begin to stabilize.

If John Fleming knows his stuff (and I think he does), he will use MM tactics to PGHI shareholder’s advantage. I say that because of two factors: 1) the quicker PGHI moves above $1.00 – the sooner the company could do a Reverse Split and take the PPS above $5.00 – which is where it should be to make the move to a Major Index, preferably the NASDAQ – but the NYSE is not out of the question…!: 2) The higher the PPS, more $$ can be gleaned from the PPM with less numbers of shares…!

Back to lurking…..

jwhite2913

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tommy
Member
posted December 30, 2003 03:30     Click Here to See the Profile for tommy     Edit/Delete Message   Reply w/Quote
jwhite2913 is a very respectable and knowledgeable trader with a lot of experience (30+ years of trading). I respect him and his opinion very much. Listen to him and you will learn a whole lot!

Holding strong is the best way to twart the MM's after the big run, if you're weak then you're gonna pay the price when this nany hits the dollar realm!

GLTA!

quote:
Originally posted by jwhite2913:
For the past 15 trading sessions the MMs have pretty much controlled each session, but they have allowed occasional spikes. This tells me the MMs know they are facing the Symbol Change, but don’t know when to expect it; hence, the MMs are being careful so they don’t get caught naked with short positions. The MMs also know resistance above $0.05 does not exist – I have been watching MM signals very closely for the past week, and the most active is – Trade Sideways – which in essence means, the MMs can keep up and hold favorable inventories without going naked….

When PGHI breaks out … the MMs will let it run wherever supply and demand takes it for the first big run, then the shakeout of fraidycat longs will begin, and it is my bet the MMs will make that one … very rough … maybe as strong as 40%. That way the MMs can fill their coffers for a sustained run, which will inevitably happen before PGHI PPS will begin to stabilize.

If John Fleming knows his stuff (and I think he does), he will use MM tactics to PGHI shareholder’s advantage. I say that because of two factors: 1) the quicker PGHI moves above $1.00 – the sooner the company could do a Reverse Split and take the PPS above $5.00 – which is where it should be to make the move to a Major Index, preferably the NASDAQ – but the NYSE is not out of the question…!: 2) The higher the PPS, more $$ can be gleaned from the PPM with less numbers of shares…!

Back to lurking…..

jwhite2913


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tommy
Member
posted December 30, 2003 03:33     Click Here to See the Profile for tommy     Edit/Delete Message   Reply w/Quote
Oops I meant "when this baby hits the dollar realm", not "nany"! Darn keyboard!

quote:
Originally posted by tommy:
jwhite2913 is a very respectable and knowledgeable trader with a lot of experience (30+ years of trading). I respect him and his opinion very much. Listen to him and you will learn a whole lot!

Holding strong is the best way to twart the MM's after the big run, if you're weak then you're gonna pay the price when this nany hits the dollar realm!

GLTA!


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machtabow2
Member
posted December 30, 2003 08:10     Click Here to See the Profile for machtabow2     Edit/Delete Message   Reply w/Quote
Thank you for this enlightening post! mach

quote:
Originally posted by jwhite2913:
For the past 15 trading sessions the MMs have pretty much controlled each session, but they have allowed occasional spikes. This tells me the MMs know they are facing the Symbol Change, but don’t know when to expect it; hence, the MMs are being careful so they don’t get caught naked with short positions. The MMs also know resistance above $0.05 does not exist – I have been watching MM signals very closely for the past week, and the most active is – Trade Sideways – which in essence means, the MMs can keep up and hold favorable inventories without going naked….

When PGHI breaks out … the MMs will let it run wherever supply and demand takes it for the first big run, then the shakeout of fraidycat longs will begin, and it is my bet the MMs will make that one … very rough … maybe as strong as 40%. That way the MMs can fill their coffers for a sustained run, which will inevitably happen before PGHI PPS will begin to stabilize.

If John Fleming knows his stuff (and I think he does), he will use MM tactics to PGHI shareholder’s advantage. I say that because of two factors: 1) the quicker PGHI moves above $1.00 – the sooner the company could do a Reverse Split and take the PPS above $5.00 – which is where it should be to make the move to a Major Index, preferably the NASDAQ – but the NYSE is not out of the question…!: 2) The higher the PPS, more $$ can be gleaned from the PPM with less numbers of shares…!

Back to lurking…..

jwhite2913


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machtabow2
Member
posted December 30, 2003 08:13     Click Here to See the Profile for machtabow2     Edit/Delete Message   Reply w/Quote
Great analyis Cabbage. Mav and I were talking recently about how much time and energy you are saving us on tech analyis. Keep up the great work! mach


quote:
Originally posted by cabbage22:
[b]BOLLINGER BANDS
All Breakouts occur when the stock is traveling up the UPPER bollinger band, and crosses over it. Some may think crossing the upper BB is a sign of a point to sell- THAT IS WRONG- it is extremely BULLISH because it shows a break in a resistence point. When prices move outside the bands, a continuation of the current trend can be implied.

In PGHI's case, that would be .049- We have never traded at these levels and will have very little resistence due to lack of ask overhead, most resistence will be MM shorting, which will be very scarce IMO

EMA's>> as pointed out by Tommy, 5 DAY EMA is .04, very bullish

MACD>> Still looking great, bullish

On Balance Volume>> a measure of Buyers/Sellers, OBV is increasing, bullish

STOKES>> See chart below, at 58, Still a long ways to go- bullish

VOLUME!!!!>> 10 MILLION ON ZERO NEWS- bullish

CLOSE>> HIGHEST CLOSE IN PGHI's HISTORY- shows confidence in the market- bullish

Breakout Imminent

[/B]

[/B]


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machtabow2
Member
posted December 30, 2003 08:18     Click Here to See the Profile for machtabow2     Edit/Delete Message   Reply w/Quote
Another Great post! mach

quote:
Originally posted by JustMe:
96% BUY!!!!
Composite Indicator
Trend Spotter (TM) Buy

Short Term Indicators
7 Day Average Directional Indicator Buy
10 - 8 Day Moving Average Hilo Channel Buy
20 Day Moving Average vs Price Buy
20 - 50 Day MACD Oscillator Buy
20 Day Bollinger Bands Hold

Short Term Indicators Average: 80% - Buy
20-Day Average Volume - 8120852

Medium Term Indicators
40 Day Commodity Channel Index Buy
50 Day Moving Average vs Price Buy
20 - 100 Day MACD Oscillator Buy
50 Day Parabolic Time/Price Buy

Medium Term Indicators Average: 100% - Buy
50-Day Average Volume - 13549245

Long Term Indicators
60 Day Commodity Channel Index Buy
100 Day Moving Average vs Price Buy
50 - 100 Day MACD Oscillator Buy

Long Term Indicators Average: 100% - Buy
100-Day Average Volume - 8036716

Overall Average: 96% - Buy

Price Support Pivot Point Resistance

0.04 0.04 0.04 0.05

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machtabow2
Member
posted December 30, 2003 08:19     Click Here to See the Profile for machtabow2     Edit/Delete Message   Reply w/Quote
To the top for newbies:

CANDLESTICK CHARTING PATTERNS
ASCENDING TRIANGLE 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


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


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machtabow2
Member
posted December 30, 2003 08:21     Click Here to See the Profile for machtabow2     Edit/Delete Message   Reply w/Quote
Namechange potential impact example for newbies:

quote:
Originally posted by cabbage22:
IDNW recently went through a symbol change, and look at the impact it had on the stock's performance as the shorts were forced to buy back. The symbol is now GLBT, and is trading around .23

I wonder what PGHI's new symbol will be...maybe GMFX?


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machtabow2
Member
posted December 30, 2003 08:22     Click Here to See the Profile for machtabow2     Edit/Delete Message   Reply w/Quote
New banner example for newbies:

quote:
Originally posted by pbwizard:
New Banner just given to me so I can add it to my websites.



[This message has been edited by pbwizard (edited December 17, 2003).]

[This message has been edited by pbwizard (edited December 17, 2003).]

[This message has been edited by pbwizard (edited December 17, 2003).]


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woody
Member
posted December 30, 2003 08:37     Click Here to See the Profile for woody     Edit/Delete Message   Reply w/Quote
Hi ALL,

Just wondering if anyone knows what kind of inventory VeeGeeZ carries on each game title. I've noticed a decline in the % of titles and new releases available. I would normally say statistically this is a good thing but if the inventory is not high enough it could lead to unsatisfied customers, and I don't think any of us wants to see that.
Also I've heard Mach talk about marketing. About the best marketing I can think of right now for this time of year would be to have a really cool commercial for the Superbowl that would get the attention of Millions of people all in just 30 seconds.
Anyway everythings looking good I've got my tray put away, seat in the upright position and I'm ready for take off.

GLTA

------------------
woody

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white93860
Member
posted December 30, 2003 08:46     Click Here to See the Profile for white93860     Edit/Delete Message   Reply w/Quote
The best marketing tool we can have going forward, is going to be the personal refferal service. Cheap and highly effective!

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Magoo
Member
posted December 30, 2003 09:15     Click Here to See the Profile for Magoo     Edit/Delete Message   Reply w/Quote
Good luck to all today.

I am off to work but will try to pick up some more shares today.

If we do get up to .05 I am going in very heavy and try to give us a bit more of a push past the MM's

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machtabow2
Member
posted December 30, 2003 09:19     Click Here to See the Profile for machtabow2     Edit/Delete Message   Reply w/Quote
Thanks for your help Magoo! Boy if we all just dropped an order in at .05 at the same time... would we able to break it... just a thought! mach

quote:
Originally posted by Magoo:
Good luck to all today.

I am off to work but will try to pick up some more shares today.

If we do get up to .05 I am going in very heavy and try to give us a bit more of a push past the MM's


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stewartfan
Member
posted December 30, 2003 09:30     Click Here to See the Profile for stewartfan     Edit/Delete Message   Reply w/Quote
Hello all, GREAT thread with informitive charts, Question. How long after the announcment of a symbol change by the co. does it normally take before it trades under the new symbol? TIA

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old mullet
Member
posted December 30, 2003 10:12     Click Here to See the Profile for old mullet     Edit/Delete Message   Reply w/Quote
good morning all,

sorry to have been out of the loop here for the last several days. this is a great stock and a great thread. i found out yesterday that my portfolio can have mid 5 digit days on auto pilot and with me out catching sushi.

i do not intend to sell one share of this until i see the business plan evolve into a working company. it is great to be in at the base building phase of something with this much potential. i made 500% on ibzt in the last 2 weeks and am not nearly as optimistic and excited about it's future as i am about pghi. good luck to all of the strong longs here.

uncle milty

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jr
Member
posted December 30, 2003 10:25     Click Here to See the Profile for jr     Edit/Delete Message   Reply w/Quote
stewartfan, tommy posted a timeline with all the steps for the name/symbol change awhile back.. i cant seem to find it, but i know its there. the name change is a comlicated process, but the symbol change only takes a few days once the paperwork is filed. i think. both should be in affect very soon


quote:
Originally posted by stewartfan:
Hello all, GREAT thread with informitive charts, Question. How long after the announcment of a symbol change by the co. does it normally take before it trades under the new symbol? TIA

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jr
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posted December 30, 2003 10:27     Click Here to See the Profile for jr     Edit/Delete Message   Reply w/Quote
by the way... anyone who is selling at these levels.... BIG MISTAKE!!!!

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kcbudman
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posted December 30, 2003 10:31     Click Here to See the Profile for kcbudman     Edit/Delete Message   Reply w/Quote
Just got another 55K at .04 The 420 shares was mine on a partial fill. Took about a half hour to fill all 55K.

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stockguy04
Member
posted December 30, 2003 10:37     Click Here to See the Profile for stockguy04     Edit/Delete Message   Reply w/Quote
just a little slow today because some weak people are starting to take profits after such a rise in the market as yesterday. i think that later in the day we r poised for a steady run

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Degs
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posted December 30, 2003 10:38     Click Here to See the Profile for Degs     Edit/Delete Message   Reply w/Quote
a 4 point spread on bid/ask with little volume, what do you think?

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jr
Member
posted December 30, 2003 10:42     Click Here to See the Profile for jr     Edit/Delete Message   Reply w/Quote
degs, i saw a 400 sale go through a few minutes ago (mm signal to trade sidewayz)


quote:
Originally posted by Degs:
a 4 point spread on bid/ask with little volume, what do you think?

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kcbudman
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posted December 30, 2003 10:53     Click Here to See the Profile for kcbudman     Edit/Delete Message   Reply w/Quote
quote:
Originally posted by kcbudman:
Just got another 55K at .04 The 420 shares was mine on a partial fill. Took about a half hour to fill all 55K.

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m_h13021
Member
posted December 30, 2003 10:56     Click Here to See the Profile for m_h13021     Edit/Delete Message   Reply w/Quote
We have a conflicting posts here:

KC posted:
"Just got another 55K at .04 The 420 shares was mine on a partial fill. Took about a half hour to fill all 55K."

JR posted:
i saw a 400 sale go through a few minutes ago (mm signal to trade sidewayz)


Don't really know the accuracy of the MM signaling via level II. I don't doubt that it happens, just don't know if the matrix people are referencing is accurate. The above post signifies this. -Marty

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cabbage22
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posted December 30, 2003 10:57     Click Here to See the Profile for cabbage22     Edit/Delete Message   Reply w/Quote
We saw this type of manipulation one of the other trading days.

The MM hold the spread wide open, in hopes of catching sellers at .04, knowing not many people will buy at .044 without bid support.

There ARE bids above .04, probably all the way up to .043, but the MM will not display them until the order flow is too large.

At some point today, the MM will up the bid to .041, and the real bidding will unfold.

Does anyone else know what Im talking about?

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cabbage22
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posted December 30, 2003 11:01     Click Here to See the Profile for cabbage22     Edit/Delete Message   Reply w/Quote
watching ibzt is fun!

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stockguy04
Member
posted December 30, 2003 11:08     Click Here to See the Profile for stockguy04     Edit/Delete Message   Reply w/Quote
its a very erratic stock.. it would be a crazy ride

quote:
Originally posted by cabbage22:
watching ibzt is fun!

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jr
Member
posted December 30, 2003 11:14     Click Here to See the Profile for jr     Edit/Delete Message   Reply w/Quote
kcbudman, i did see your post, but i never saw a sale of 420 so i figured they didnt bother posting that small of a partial fill.. but i did see a 400 sale and just assumed it was mm lingo.


quote:
Originally posted by kcbudman:


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stockguy04
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posted December 30, 2003 11:23     Click Here to See the Profile for stockguy04     Edit/Delete Message   Reply w/Quote
is there a reason for the low volume today or is it just the low MM bid?

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tommy
Member
posted December 30, 2003 11:26     Click Here to See the Profile for tommy     Edit/Delete Message   Reply w/Quote
IBZT is a nice pump-n-dump play, that stock has no basis or substance, it runs on the single fact that they will be showcased on CNBC! They only make little keyboards for PDA's, nothing great!

If you guys are in IBZT, be careful and dump before it tanks, remember IVOC anyone?

GLTA!

quote:
Originally posted by cabbage22:
watching ibzt is fun!

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stockguy04
Member
posted December 30, 2003 11:28     Click Here to See the Profile for stockguy04     Edit/Delete Message   Reply w/Quote
finally a raise in the bid .. at 41

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PSU90
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posted December 30, 2003 11:31     Click Here to See the Profile for PSU90     Edit/Delete Message   Reply w/Quote
Agree Cabbage....we've seen this many times before. They put out a big spread to hold everything in check and scare out some weak hands.

We've had a few trades at the ask since about 11:00, but no sustained pressure. With any pressure, the bid would pop right up. They have to know the name/symbol change is coming. I think they are trying to hold it down and collect shares while they can.

I'm amazed by what they did squeeze out of people today at .039 and .04. Every time I think they won't get anymore, another big sell will pop up. Crazy!


quote:
Originally posted by cabbage22:
We saw this type of manipulation one of the other trading days.

The MM hold the spread wide open, in hopes of catching sellers at .04, knowing not many people will buy at .044 without bid support.

There ARE bids above .04, probably all the way up to .043, but the MM will not display them until the order flow is too large.

At some point today, the MM will up the bid to .041, and the real bidding will unfold.

Does anyone else know what Im talking about?


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PSU90
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posted December 30, 2003 11:37     Click Here to See the Profile for PSU90     Edit/Delete Message   Reply w/Quote
Ok....so they are getting some buys at .044. What happens? NITE jumps in front of the ask at .041 and immediately there are 150K shares sold to the MM's at .04. Unbelievable that they can continue to find weak hands.

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cabbage22
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posted December 30, 2003 11:48     Click Here to See the Profile for cabbage22     Edit/Delete Message   Reply w/Quote
Just remembering your comment the other day about the L2 blanking out on you, haha

SCHB and BAMM on the bid- no worries, NITE isnt going to force this down, and WIEN will follow NITE

Those .041's will be gone before I get back with my coffee

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cabbage22
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posted December 30, 2003 12:02     Click Here to See the Profile for cabbage22     Edit/Delete Message   Reply w/Quote
wow a lot of buying volume, im back, and look, no more .041

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newstockpicker
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posted December 30, 2003 12:05     Click Here to See the Profile for newstockpicker     Edit/Delete Message   Reply w/Quote
What will a reverse split do to our total share value?

quote:
Originally posted by jwhite2913:
For the past 15 trading sessions the MMs have pretty much controlled each session, but they have allowed occasional spikes. This tells me the MMs know they are facing the Symbol Change, but don’t know when to expect it; hence, the MMs are being careful so they don’t get caught naked with short positions. The MMs also know resistance above $0.05 does not exist – I have been watching MM signals very closely for the past week, and the most active is – Trade Sideways – which in essence means, the MMs can keep up and hold favorable inventories without going naked….

When PGHI breaks out … the MMs will let it run wherever supply and demand takes it for the first big run, then the shakeout of fraidycat longs will begin, and it is my bet the MMs will make that one … very rough … maybe as strong as 40%. That way the MMs can fill their coffers for a sustained run, which will inevitably happen before PGHI PPS will begin to stabilize.

If John Fleming knows his stuff (and I think he does), he will use MM tactics to PGHI shareholder’s advantage. I say that because of two factors: 1) the quicker PGHI moves above $1.00 – the sooner the company could do a Reverse Split and take the PPS above $5.00 – which is where it should be to make the move to a Major Index, preferably the NASDAQ – but the NYSE is not out of the question…!: 2) The higher the PPS, more $$ can be gleaned from the PPM with less numbers of shares…!

Back to lurking…..

jwhite2913


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cabbage22
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posted December 30, 2003 12:07     Click Here to See the Profile for cabbage22     Edit/Delete Message   Reply w/Quote
A r/s onto the naz or nyse is a good thing. If its a 1:2 r/s you get half the amount of shares you have now, but the new price will be twice as much. It gives the company better status, and can attract more investors.

quote:
Originally posted by newstockpicker:
What will a reverse split do to our total share value?


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tommy
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posted December 30, 2003 12:10     Click Here to See the Profile for tommy     Edit/Delete Message   Reply w/Quote
A reverese split increases the value of the PPS by decreasing the number of shares.

Let's say the PPS is $1 with 100M shares, then a 1:5 split would make it $5 with 20M shares. It's simple math!

GLTA!

quote:
Originally posted by newstockpicker:
What will a reverse split do to our total share value?


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PSU90
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posted December 30, 2003 12:12     Click Here to See the Profile for PSU90     Edit/Delete Message   Reply w/Quote
Good call Cabbage! Some big buys there too. Over 500K shares picked up at .041.

quote:
Originally posted by cabbage22:
wow a lot of buying volume, im back, and look, no more .041

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stockguy04
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posted December 30, 2003 12:34     Click Here to See the Profile for stockguy04     Edit/Delete Message   Reply w/Quote
i have been searching online for competitors in the online video game rentals industry and found a couple, but i found out that veegeez is a sponsored link on google.com and if you search for "online video game rentals" veegeez is the first in line. The prices at all differnt websites are basically the same give or take a dollar or two, but what i found to be inviting to new members is a refferal program. Does veegeez have a customer refferal incentive program? Are there other publicly traded game rental websites?

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